Gen Upendra Dwivedi on Sunday took charge as the 30th Chief of the Army Staff after incumbent Gen Manoj Pande retired from service. Gen Dwivedi, who has vast operational experience along the frontiers with China and Pakistan, was serving as the Vice Chief of the Army. Before taking charge as the Vice Chief of the Army Staff on February 19, Gen Dwivedi was serving as the General Officer Commanding-in-Chief of Northern Command from 2022-2024. Gen Dwivedi took charge of the 1.3 million-strong Army at... Читать дальше...
Prime Minister Narendra Modi on Sunday said people had reposed their unwavering faith in the Constitution and the democratic system of the country by their participation in the 2024 general elections. The prime minister made the remarks in his Mann Ki Baat radio address, the first after the polls. The radio broadcast had had taken a break in February ahead of the general elections. "Today, I thank the countrymen for reposing their unwavering faith in our Constitution and the democratic system of the country," Modi said. Читать дальше...
Japanese consumer electronics giant Sony expects India to overtake home market and become the company's third largest market globally in the next couple of years with its revenue from the country reaching Rs 10,000 crore. Sony India Managing Director Sunil Nayyar said the company clocked a revenue of Rs 6,353 crore in 2022-23 in the country and is betting on the premium television segment besides its audio and imaging products to drive the growth. According to him, Sony India is also betting big... Читать дальше...
Recent satellite imagery indicates the presence of convective clouds, signalling the possibility of light to moderate rainfall at many locations
During a consolidation phase, the stock trades in a certain range with subdued volumes. It faces selling pressure on the upside, near the same levels where supply was witnessed earlier
Indian economy is poised for potentially a stable high growth phase and it is also in a strong position in the context of significant risks that the country is facing, RBI's monetary policy committee member Shashanka Bhide said on Sunday. Bhide further said with the growth of income that would support domestic demand and additions to production or supply capacity reflected by high levels of investment spending in the last couple of years, domestic economic activity is expected to sustain its momentum. Читать дальше...
Packaging equipment manufacturer Mamata Machinery Ltd has filed preliminary papers with capital markets regulator Sebi to float an initial public offering (IPO). The Gujarat-based company's initial share sale is entirely an offer for sale (OFS) of 73.82 lakh equity shares by promoters, according to the draft red herring prospectus (DRHP). Those selling shares under the OFS are Mahendra Patel, Nayana Patel, Bhagvati Patel, Mamata Group Corporate Services LLP, and Mamata Management Services LLP. Since it's an OFS... Читать дальше...
The bench of Justice Swarna Kanta Sharma after hearing the arguments at length, reserved the order on maintainability ground
After two months of net outflow, foreign investors turned buyers in June, infusing Rs 26,565 crore in Indian equities, driven by political stability and a sharp rebound in markets. Looking ahead, attention will gradually shift towards the budget and Q1 FY25 earnings, which could determine the sustainability of FPI flows, Vipul Bhowar, Director, Listed Investments, Waterfield Advisors, said. According to the data with the depositories, foreign portfolio investors (FPIs) have made a net infusion of Rs 26,565 crore in equities this month. Читать дальше...
Parliament is set to witness heated debates on a range of issues like the NEET paper leak row, the Agnipath initiative and inflation when both houses reconvene on Monday. Besides the paper leak matter, the opposition is also likely to raise the issue of unemployment. In the Lok Sabha, BJP member and former Union Minister Anurag Thakur is set to initiate the debate on the Motion of Thanks on the President's Address. The Motion will be seconded by first term Lok Sabha member Bansuri Swaraj, the daughter of BJP stalwart late Sushma Swaraj. Читать дальше...
The construction of the Rs 12,940-crore 'Urja Ganga' gas pipeline, India's most ambitious project taking environment-friendly fuel to eastern parts of the country, has been delayed by nine months and will now be completed by March 2025, state-owned GAIL (India) Ltd said. The 3,306-kilometre Jagdishpur-Haldia-Bokaro-Dhamra pipeline was originally targeted for completion by June 2024. But due to "delay in right of use (RoU) availability", the completion schedule has been revised "from June 2024 to March 2025"... Читать дальше...
A third batch of 6,619 pilgrims left the Bhagwati Nagar base camp in Jammu in two separate convoys to join the annual Amarnath pilgrimage in the Kashmir Himalayas, officials said on Sunday. About 14,000 pilgrims paid obeisance at the holy cave shrine located at a height of 3,880 metres on the first day of the 52-day annual yatra, which commenced from the twin tracks of Pahalgam in Anantnag district and Baltal in Ganderbal district on Saturday, the officials said. The third batch, including 1,141 women... Читать дальше...
Retirement fund body EPFO's gross new subscribers addition declined by over 4 per cent to 1.09 crore in 2023-24 compared to a year ago, as per a report by Ministry of Statistics & Programme Implementation (MoSPI). According to the report 'Payroll Reporting in India: An Employment Perspective January to April, 2024', the Employees' Provident Fund Organisation (EPFO) recorded 1,09,93,119 gross addition of new members in 2023-24 compared to 1,14,98,453 in 2022-23. The gross addition of new members... Читать дальше...
Nine of the top-10 most valued firms together added Rs 2,89,699.42 crore in market valuation last week, with Reliance Industries emerging as the biggest gainer, in line with a rally in equities. Last week, the BSE benchmark jumped 1,822.83 points or 2.36 per cent. The BSE Sensex recorded the best monthly gain in June by climbing 7.14 per cent. The Sensex breached the historic 79,000 mark on Thursday. While Reliance Industries, Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank, Bharti Airtel... Читать дальше...
Assam Governor Gulab Chand Kataria has stressed on the development of all communities for holistic growth of the state. He underlined the importance of bringing together the leadership of different communities to ensure inclusive, equitable development. The governor was speaking at the valedictory ceremony of a two-day conference of autonomous councils, which are not covered under the Sixth Schedule of the Constitution, here on Saturday, an official release said. Leaders of Rabha-Hasong, Mising, Tiwa... Читать дальше...
Canada's second largest airline, WestJet, said it canceled 407 flights affecting 49,000 passengers after the maintenance workers union announced it went on strike. The Aircraft Mechanics Fraternal Association said its members started to strike Friday evening because the airline's unwillingness to negotiate with the union made it inevitable. The surprise strike affecting international and domestic flights came after the federal government issued a ministerial order for binding arbitration on Thursday. Читать дальше...
Disney Star, this season's official media rights holder of the shortened, fast-paced form of cricket, was expecting to rake in as much as Rs 18,000 crore ($2.2 billion) in advertising from the sport
Domestic macroeconomic data announcements, global trends and trading activity of foreign investors would guide market sentiments this week, analysts said. After a record rally, markets may face volatile trends this week amid elevated valuations and investors would also keep a track of global oil benchmark Brent crude and rupee-dollar movement for further cues. "Potential volatility in the stock market is anticipated this week. Elevated valuations remain a concern, with investors now focusing on monsoon... Читать дальше...
The bench of Justice Swarna Kanta Sharma, after hearing submissions from all sides, decided to reserve the order in the matter on May 28, 2024
This latest incident adds to a series of similar provocations by China in recent months. China has increased its military activities around Taiwan
Following a disastrous performance at the debate stage in Atlanta, there is a growing clamour within the ruling Democratic party and the mainstream American media for President Joe Biden to step down from the presidential race. However, the 81-year-old president and his campaign have asserted that he is not giving up and is determined to successfully run for the November 5th presidential elections. Biden is the nominee (of the Democratic party. No switching of the nominee, campaign leadership has asserted. Читать дальше...
The 'recent' suicide' of a weaver at Sircilla in Telangana has brought to the fore the alleged lack of work and adequate income in this textile hub, with the issue leading to a war of words between the opposition BRS and the Congress. Kudikyala Nagaraju recently died by suicide as he was unable to repay his debts and this came as a reminder of the tragedy of weavers ending their lives in the past. While it is being claimed 10 weavers have ended their life so far this year, the government has pegged the number at six... Читать дальше...
SK Hynix's HBM chips are optimised for use with Nvidia Corp.'s artificial intelligence accelerators
Prime Minister Modi's monthly 'Mann Ki Baat' broadcast was last aired on February 25, after which it was stopped considering the Lok Sabha elections
The plan sees the complex surrounding the train station as a central and significant focal point in the region
