Direct Impact of Cricket World Cup

There have been many controversies since Australia won the World Cup but it has directly benefited fantasy sports. India may have lost but it can be said that the platform of fantasy sports has won. Disney and Hotstar streaming reached 5.7 crore viewers. The fantasy sports platform has become more popular during the Cricket World Cup. Millions of people play fantasy games online. Controversy has arisen after the government imposed GST on online games. Fantasy sports people have become addicted. 14 Top Earning Online Gaming Platforms in India

Target of six lakh new vehicles

The sales of Hyundai cars like Creta, Venue, Nios, Exeter have increased during 2023. From January to October 2023, Hyundai has sold five lakh nine thousand vehicles at the local level. For the first time, Hyundai set a target of selling six lakh cars in 2023. However, there is still one month left. Knowing the way people are stuck in the craze of releasing new cars, it seems that the target of selling six lakh cars can be achieved.

820 crore fraud in UCO Bank

The Reserve Bank has expressed concern over the fraud of 820 crores in Kolkata-based UCO Bank. The Reserve Bank has convened a meeting with the chief executives of all public sector banks to discuss cyber security next week. It is worth mentioning here that u Immediate Payment Service (IMPS) fraud took place with UCO Bank during the Diwali days. In which 820 crore rupees were deposited in the account of one person. This amount was not debited from any bank account. UCO Bank recovered 79 percent of the amount while the remaining amount was taken by the owner.

Amazon's AI Ready...

Employees with artificial intelligence (AI) skills are being hired, but according to a report, three out of four such employees lack AI talent. People with AI talent are getting paid more. Many problems of the world will be solved due to AI. Amazon is planning to train people in the field of AI. An opportunity is also being created for people to understand and learn AI.

Bullet train station is getting ready

The bullet train station running between Mumbai and Ahmedabad is being prepared at Anand. It is called Anand High Speed ​​Rail Station. This station is 600 meters away from Uttarsanda. 100% land has been acquired for bullet train in Gujarat. The bullet train will have 12 stations including Mumbai, Thane, Virar, Boisar, Vapi, Bilimora, Surat, Bharuch, Vadodara, Anand, Nadiad and Ahmedabad.

Terminal 4 at Delhi Airport

It is known that a fourth terminal will be built at the Delhi airport. Presently Delhi airport has three terminals namely T1, T2 and u T3. The traffic of tourists at Delhi airport has become as much as it was before Corona. In 2024, this traffic is likely to reach 70 million. T2 is for domestic flights while T3 is for international traffic. Demand for a fourth terminal has been made in view of the increasing number of tourists.

Restrictions on SME shares tightened

Amid the rapidly growing interest of investors in the stocks of small and medium enterprises (SMEs), stock markets have announced the implementation of surveillance measures i.e. graded surveillance measures in a phased manner. Exchanges said the decision to extend supervision to SMEs was taken in a joint meeting with market regulator Sebi. A monitoring system comes into play when some irregularities are found in the financial affairs of a company. To protect investors' interests, brokers stop trading or buying monitored stocks. The monitoring arrangements will be in addition to all other monitoring measures undertaken by the exchanges from time to time. The monitoring regime for SME stocks will be effective from the quarter ending September 2023. The exchanges will release the first list of selected companies during the quarterly review of major securities. The change coincides with the introduction of a short-term additional surveillance measure framework and trade-to-trade settlement for SME stocks in September. The objective of this decision is to reduce betting activities and prevent improper returns in this segment. The BSE SME IPO index has gained over 13 percent this month and nearly 84 percent this year. The return has been more than 3,000 percent in the last three years. In comparison, Sensex has gained 8.5 percent this year and has gained nearly 50 percent in three years.