The Swim News | Read smart save time. Read key points of news and skip the garbage

Sudan Peace Talks to Continue in Switzerland Even as Army Stays Away

US-brokered talks aimed at ending Sudan’s civil war are set to continue in Switzerland until at least the end of this week, but efforts to persuade army representatives to attend in person have failed so far, frustrating efforts to reach a deal.

Full story at mint

Oil Slumps as China Demand Fears Ignite ‘Bearish Dominance’

Posted on: 19 Aug, 08:19 PM

Oil fell the most in more than two weeks, with the lackluster demand outlook for the world’s two largest economies outweighing geopolitical tensions in the Middle East.

Tags: #demand

Full story at mint

Around 39% equity MFs outperform respective benchmarks in July 2024. Smallcaps draw a blank: Report

Posted on: 19 Aug, 03:19 PM

A Prabhudas Lilladher (PL) study revealed that 78% of value, contra, and dividend yield funds outperformed their benchmark, the NIFTY 500 - TRI. Specifically, 25 out of 32 schemes surpassed the index. In the largecap mutual fund category, 58% schemes outperformed the S&P BSE 100 - TRI, with 18 out of 31 active large-cap funds delivering higher returns.

Tags: #revealed #active

Full story at Economic Times

Indian govt needs to trim citizens' waist size for the sake of economy

Posted on: 19 Aug, 03:19 PM

India's Economic Survey 2023-24 warned that increasing obesity rates could hinder the country's economic potential. Experts urged the government to promote healthier lifestyles through better diet, physical activity, and monitoring of health parameters. Emphasizing waist circumference and BMI, they suggested that addressing obesity is crucial to reaping India's demographic dividend.

Tags: #crucial #physical

Full story at Economic Times

IndusInd Bank gets RBI nod to set up mutual fund asset management business

Posted on: 19 Aug, 03:19 PM

IndusInd Bank has been granted permission by the Reserve Bank of India to invest equity capital into this new venture. Despite this development, IndusInd Bank's shares dropped by 1.07% to Rs 1,349.60 on the NSE. The bank continues to show financial growth.

Tags: #India #shares #financial #bank

Full story at Economic Times

FM Sitharaman asks PSBs to push deposit drive by taking 'concerted efforts' following RBI's consistent war

Posted on: 19 Aug, 03:19 PM

Finance Minister Nirmala Sitharaman chaired a meeting in Delhi to review Public Sector Banks' performance. Discussions included areas like Deposit Mobilisation, Digital Payments, Cyber Security, and Access to Credit under Financial Inclusion. Sitharaman urged banks to focus on efficient customer service, rural outreach, and increasing credit flow for initiatives like PM Surya Ghar Muft Bijli Yojana. Collaboration against fraud and cyber risks was also emphasized, along with implementing new credit assessment models for MSMEs.

Tags: #Minister

Full story at Economic Times

How Tata Steel and JSW Steel will be impacted by SC ruling on mining royalty

Posted on: 19 Aug, 03:19 PM

Tata Steel, JSW Steel, and other mining companies might face increased costs due to additional state-imposed mining taxes, as per a Supreme Court decision. This could reduce profitability and impact the value chain, causing inflation. States are now authorized to levy taxes and claim backdated royalties, significantly affecting the financial status of impacted companies.

Tags: #Court #Supreme #impact

Full story at Economic Times

In-situ slum redevelopment scrapped, urban poor can build homes on land given by states under PMAY-U 2.0

Posted on: 19 Aug, 05:19 AM

Under PMAY 2.0, which subsumed slum redevelopment in other verticals, Centre targets construction of 3 crore new houses — 2 crore in rural areas & 1 crore in cities — over next 5 yrs.

Tags: #Centre #crore

Full story at ThePrint

Does GI tag bring more business? Mysore silk & Jardalu mango rose, not Kannauj attar

Posted on: 19 Aug, 05:19 AM

In Karnataka, the GI tag has increased demand for Mysore silk so much that supply can’t keep up. Jardalu mango from Bihar was exported for the first time in 2021.

Full story at ThePrint

LS setback won't deter BJP, it will rule for next 35 yrs, says Shah. Party sets 10-cr membership target

Posted on: 19 Aug, 05:19 AM

Party has a strong foundation, home minister tells BJP workers at a closed-door meeting. Sambit Patra says new members can join through missed calls, QR codes, NaMo app.

Tags: #BJP #workers #setback #home

Full story at ThePrint

How Hemant Soren is making his prison stint a poll plank to attack BJP in tribal Jharkhand

Posted on: 19 Aug, 05:19 AM

In countless public meetings, the CM has brought up his 5-month incarceration, presenting himself as taking up the cause of tribals, the poor, and Dalits. Polls due in November-December.

Tags: #poll #making #brought #public

Full story at ThePrint

In Khushbu’s return to active politics, TN BJP gets another crowd-puller, but ‘outsider’ image hangs heavy

Posted on: 19 Aug, 05:19 AM

Known for controversial statements & being a crowd-puller, the actor-politician, who had resigned as NCW chief, returns at a time when BJP state chief Annamalai is going on study leave.

Tags: #state #statements

Full story at ThePrint

Govt’s Rs 1000 cr fund for space sector has drawbacks. It should bet on outcomes, not ideas

Posted on: 19 Aug, 05:19 AM

Government as an anchor customer provides a stable source of demand for space-based services, reducing uncertainties in the market. It can boost investor confidence in the Indian space sector, attracting investments from home and abroad.

Tags: #Indian #confidence #source

Full story at ThePrint

Anna Canteens back in AP, but here's why Naidu may not deliver on 'Super 6' poll promises anytime soon

Posted on: 19 Aug, 05:19 AM

Andhra Pradesh minister Nara Lokesh says previous Jagan govt 'took 3 yrs to implement their promises', adds that his father's govt will implement all promises 'in systematic manner'.

Full story at ThePrint

Centre considers common exam for SSC, Railways, public sector banks to streamline recruitment

Posted on: 19 Aug, 05:19 AM

This is only at the discussion stage right now, ThePrint has learnt. It is not yet clear whether the merger will be considered at the preliminary exam level or the mains as well.

Tags: #clear

Full story at ThePrint

Bahirats vs Maharashtra govt: How a Pune family fought 60 yrs for land illegally taken over by state

Posted on: 19 Aug, 05:19 AM

In rap to Maharashtra govt for dragging its feet in legal battle, SC has said it must increase compensation for 24-acre plot or its 'Ladli Behna, Ladli Bahu schemes' would be stopped.

Tags: #Maharashtra ,#Maharashtra #legal

Full story at ThePrint

Deepender Hooda at helm, Congress front & centre at Vinesh Phogat's Haryana homecoming. No BJP

Posted on: 19 Aug, 05:19 AM

Political undercurrents marked Phogat’s roadshow as parties brace for assembly polls. Vinesh’s cousins too skip event, target her for forgetting Mahavir Phogat in her gratitude note.

Tags: #Congress

Full story at ThePrint

Cash-for-query case: Mamata Banerjee breaks silence, says 'Mahua Moitra's expulsion being planned, but ... '

Posted on: 18 Aug, 07:19 PM

India News: Mamata Banerjee has broken her silence on the cash-for-query case involving her party MP Mahua Moitra. Moitra has been accused of seeking bribes to ta

Tags: #seeking #party #case

Full story at Times Of India

'Unable to win on its own': Congress faces barbs from allies for ignoring INDIA parties in assembly elections

Posted on: 18 Aug, 07:19 PM

India News: The Congress, which had ignored its INDIA (Indian National Developmental Inclusive Alliance) allies right through the assembly elections, is now at th

Full story at Times Of India

MP election results: Kamal Nath wilts in face of lotus onslaught

Posted on: 18 Aug, 07:19 PM

India News: BJP's statement victory in Madhya Pradesh's assembly election, winning 163 of 230 seats, showed the fading of anti-incumbency under the leadership of

Tags: #statement #victory

Full story at Times Of India

Navigation

Sudan Peace Talks to Continue in Switzerland Even as Army Stays Away

Oil Slumps as China Demand Fears Ignite ‘Bearish Dominance’

Around 39% equity MFs outperform respective benchmarks in July 2024. Smallcaps draw a blank: Report

Indian govt needs to trim citizens' waist size for the sake of economy

IndusInd Bank gets RBI nod to set up mutual fund asset management business

FM Sitharaman asks PSBs to push deposit drive by taking 'concerted efforts' following RBI's consistent war

How Tata Steel and JSW Steel will be impacted by SC ruling on mining royalty

In-situ slum redevelopment scrapped, urban poor can build homes on land given by states under PMAY-U 2.0

Does GI tag bring more business? Mysore silk & Jardalu mango rose, not Kannauj attar

LS setback won't deter BJP, it will rule for next 35 yrs, says Shah. Party sets 10-cr membership target

How Hemant Soren is making his prison stint a poll plank to attack BJP in tribal Jharkhand

In Khushbu’s return to active politics, TN BJP gets another crowd-puller, but ‘outsider’ image hangs heavy

Govt’s Rs 1000 cr fund for space sector has drawbacks. It should bet on outcomes, not ideas

Anna Canteens back in AP, but here's why Naidu may not deliver on 'Super 6' poll promises anytime soon

Centre considers common exam for SSC, Railways, public sector banks to streamline recruitment

Bahirats vs Maharashtra govt: How a Pune family fought 60 yrs for land illegally taken over by state

Deepender Hooda at helm, Congress front & centre at Vinesh Phogat's Haryana homecoming. No BJP

Cash-for-query case: Mamata Banerjee breaks silence, says 'Mahua Moitra's expulsion being planned, but ... '

'Unable to win on its own': Congress faces barbs from allies for ignoring INDIA parties in assembly elections

MP election results: Kamal Nath wilts in face of lotus onslaught