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QR code frauds in India doubled to nearly 40,000 in 2023-24, with losses tripling to Rs 56.34 crore. As of September 2024, over 18,000 cases involving Rs 22.22 crore have already been reported. The government, RBI, and NPCI are implementing preventative measures like device binding and awareness campaigns to combat these rising frauds.
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News and Media
A massive underground neutrino detector in southern China, JUNO, nears completion. Set to operate next year, this $300 million project aims to detect antineutrinos from nearby nuclear reactors, shedding light on neutrino properties and potentially unlocking secrets of the universe's origins. JUNO joins other global neutrino projects in this quest.
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News and Media
Italy's Prime Minister Giorgia Meloni defended her bond with tech mogul Elon Musk. Meloni assured lawmakers her friendship would not sway policy decisions. She highlighted a new law regulating private space activity as proof. Meloni and Musk have met several times since she took office. Musk has shown interest in investing in Italy.
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News and Media
EIH, the flagship company of The Oberoi Group, holds a 2.44% stake, amounting to over 1.5 crore equity shares. Meanwhile, HLV, closely associated with The Leela Mumbai, owns 0.53% equity, translating to 34.60 lakh equity shares.
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News and Media
If Nifty holds Wednesday's low of 24,150, a rebound to 24,350 is possible. However, sustaining above 24,360 (100-DEMA) is crucial for further gains. Below this level, traders should remain cautious, advises Hrishikesh Yedve of Asit C. Mehta Investment Intermediates.
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News and Media
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