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Yesterday’s big news was related to the Adani Group. SEBI has given a clean chit to the Adani Group on Thursday, 18 September, rejecting the allegations of Hindonburg Research. At the same time, in the fraud case with Yes Bank, the CBI has filed two separate chargesheets against Anil Ambani and others in a special court in Mumbai.
Here, the Chief Economic Advisor (CEA) of India V. Anant Nageswaran said that he hopes that in the next 8-10 weeks, there will be a solution to the tariff problem with the US. At the same time, after a change in GST rate, Maruti Suzuki has announced a cut in the prices of its vehicles on 18 September today.
Today’s headlines before tomorrow’s big news, which will be seen …
- The stock market may see a boom today.
- There has been no change in the price of petrol and diesel.
Now read the big news of tomorrow …
1. Hindanberg Case- Adani was Clean Chitte of SEBI: Adani Group was accused of money laundering, the market value was reduced by ₹ 1 lakh crore.
The Securities and Exchange Board of India (SEBI) has given a clean chit to the Adani Group on Thursday, 18 September, dismissing the allegations of Hindonburg Research. The American short-seler company had accused Gautam Adani and his companies (such as Adani Ports and Adani Power) of manipulation of the stock market.
On 24 January 2023, Hindonburg Research released a report, in which the Adani Group was made several allegations ranging from money laundering to share manipulation. By January 25, the market value of the shares of the group was reduced by about $ 12 billion (Rs 1 lakh crore).
Click here to read the full news …
2. CBI filed a charge sheet against Anil Ambani: Former CEO of Yes Bank Rana Kapoor is also accused; Allegations of fraud of ₹ 2,796 crore
The CBI has filed two separate charge sheet against Anil Ambani and others on Thursday, 18 September in the fraud case with Yes Bank. They are alleged to have alleged fake transactions between Ambani’s group companies and former CEO Rana Kapoor’s family companies, causing a loss of Rs 2,796 crore to the bank.
The CBI says that Rana Kapoor misuses his position to put the funds of Yes Bank in Ambani’s financially weak companies- RCFL and RHFL. In turn, Ambani’s companies gave loans and investment to the Kapoor family companies at low interest. It was a Kwid Pro Quo (deal of transaction).
Click here to read the full news …
3. American tariff issue may resolve in two months: Chief Economic Advisor said- Total tariff will be 10-15% after 30 November
India’s Chief Economic Advisor (CEA) V. Anant Nageswaran said on Thursday (September 18) that he hoped that there will be a solution to the tariff problem with the US in the next 8-10 weeks.
The United States imposed 25% of additional tariffs on India for buying oil from Russia, causing a total tariff to 50% on New Delhi. This statement comes at a time when the relations between America and India are coming on track again and officials of both countries are talking on tariffs and trade.
Click here to read the full news …
4. New online gaming act applicable from October 1: IT minister said- first will discuss with the gaming industry, you can extend the date even further
IT minister Ashwini Vaishnav said on Thursday that the online gaming act 2025 will be applicable from 1 October. Before enacting the law, the government has discussed several times with gaming companies, banks and other stakeholders. The Union Minister said,
The government is ready to fully interact and seek advice. Another meeting will be held with the gaming industry even before the rules are implemented. If needed, more time can also be given to implement the rules.
Click here to read the full news …
5. Maruti reduced the price of cars by ₹ 1.30 lakh: Alto ₹ 1.07 lakh and Swift ₹ 84 thousand cheaper; 11 companies including Tata-Mahindra reduced prices
After a change in GST rate, Maruti Suzuki today announced a cut in prices of its vehicles on 18 September. The company has reduced the price of small cars like WagonR to Alto and Ignis to around Rs 1.30 lakh. The new prices will be applicable from September 22.
Maruti’s small cars such as Alto K10, S-Presso, Celerio, WagonR, Swift, Dzire, Baleno, Froncs and Ignis will get the benefit of 11% GST cut. At the same time, Maruti Ertiga, XL6 and Grand Vitara are more than 4 meters long, so they will get only 5% discount.
Click here to read the full news …
Tomorrow, see who should be the top-10 richest in the world…
Know the condition of tomorrow’s stock market and gold and silver …
Know the latest price of petrol-diesel and domestic gas cylinders …
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