Maharashtra BJP on Monday announced the candidatures of OBC leader and former minister Pankaja Munde and four others for the upcoming polls to the state legislative council. The biennial elections for 11 seats of the Upper House of the state legislature will be held on July 12.
The Delhi High Court ordered AITMC MP Saket Gokhale to pay Rs 50 lakh in damages and issue a public apology to former UN Assistant Secretary-General Lakshmi Puri for defamatory tweets. The apology must be published in the Times of India and on Gokhale's Twitter, where it should remain for six months.
Tata Steel workers in Britain have suspended a planned all-out strike and overtime ban, according to a report by PA Media citing the Unite trade union. The action was initially set to begin on July 8 and involved around 1,500 workers at Tata's Port Talbot and Llanwern sites. The strike was in response to the company's plans to close two blast furnaces and cut up to 2,800 jobs in Wales.
According to India Infoline Finance Limited (IIFL) report, these firms allocate only 1.2 per cent of their revenue to R&D, markedly lower than the global average of 3.4 per cent. This gap highlights a need for increased investment in innovation to keep pace with global standards.
In the Nifty pack, 33 stocks closed in the green, while 17 stocks ended in the red.
Amit Shah rejected criticism that the three new criminal laws were draconian and repressive. He said the laws were modern, protect the rights of the victims, and fix accountability on police forces.
NTPC, SBI, Eicher Motors, Dr. Reddys and Apollo Hospital were among the top losers on NSE in today's trade.
Prime Minister Narendra Modi is expected to address the National Democratic Alliance's (NDA) parliamentary party meeting on Tuesday, in what will be his first speech to the MPs of the ruling bloc during the first session of Parliament since he assumed office for a third term. Though Modi in the past has addressed the NDA MPs on a few occasions, especially when he was elected as their leader ahead of all his three terms, he generally speaks at the meetings of Bharatiya Janata Party (BJP) MPs during sessions.
With retail investors continuing to be on a buying spree using the mutual fund route, the trend of stake sale by promoters in NSE500 companies looks on track to cross the Rs 1 lakh crore mark.
Pakistan has been requested to ensure the safety, security and welfare of all Indian and believed-to-be-Indian civilian prisoners and fishermen, pending their release and repatriation to India, it said. The MEA said India remains committed to addressing, on priority, all humanitarian matters, including those pertaining to prisoners and fishermen in each other's country.
IND W vs SA W: India secured a resounding 10-wicket victory over South Africa in the one-off Women's Test, highlighted by Shafali Verma's record-breaking double century and Sneh Rana's remarkable 8/77 in the first innings. Chasing India's mammoth 603/6 declared, South Africa were bowled out for 266 and 373, setting India a 37-run target, which they easily achieved.
Rane Holdings, Roto Pumps, Nahar Poly Film, Wockhardt and Atul Auto, hit their fresh 52-week highs during the day.
The central government's fiscal deficit reached 3% of the annual estimates by May-end 2024-25. India's forex reserves surged to USD 653.711 billion, with FIIs selling shares worth Rs 23.09 crore. The RBI confirmed the increase in reserves, reflecting a positive economic outlook.
Three new criminal laws came into effect in the country on Monday, bringing far-reaching changes in India's criminal justice system.
Shares of Wockhardt and Cochin Shipyard surged, reflecting market confidence. Cochin Shipyard's subsidiary secured a contract for Dry Cargo Vessels, propelling the stock's growth.
Scores of students ended their protest at Jantar Mantar on Monday. They had been protesting against irregularities in NTA examinations, specifically NEET UG, PG, and UGC NET. The protest, under the banner "India against NTA,” began on Wednesday last week. The students' demands included the banning of the National Testing Agency (NTA) and the resignation of Education Minister Dharmendra Pradhan.
For the July-December period, the RBI Floating Rate Savings Bond (FRSBs), 2020 (Taxable) will fetch an interest rate of 8.05%. As the name suggests, the interest rate of RBI Floating Rate Savings Bonds 2020 (Taxable) is not fixed. The interest rate on a Floating Rate Savings Bond is reset twice in a year.
“Having primarily grown organically until FY2022 and later on aided by benefits from acquired brands, JB has handsomely outperformed the IPM in the past decade by ~600 bps and currently ranks 22 in the IPM,” said Alankar Garude, Analyst at Kotak Equities.
During the Rajya Sabha debate on the Motion of Thanks to the President's address, Leader of Opposition Mallikarjun Kharge criticized Prime Minister Modi and the RSS, leading to many of his remarks being expunged by Chairman Jagdeep Dhankhar. Dhankhar defended the RSS, highlighting its nationalistic work, and rejected Kharge’s use of newspaper clippings to support his claims. The session was marked by interruptions and strong objections from the BJP members
Many banks have revised their fixed deposit interest rates effective July 1, 2024 for amounts below Rs 3 crore. Note that some banks have updated the date and rates remain the same. Check which bank offers the highest interest rates after the revision.
D-Sreet closed on a positive note on Monday, with the S&P BSE Sensex gaining 443.46 points to settle at 79,476.19. The broader Nifty index also rose, adding 131.35 points to close at 24,141.95. The banking sector showed particular strength, with the banking gauge up by 0.44%. Tech Mahindra, Wipro, Bajaj Finance, Grasim Industries, and UltraTech Cement were among the top gainers, while NTPC, Eicher Motors, Apollo Hospitals Enterprise, SBI, and Dr. Reddy's Laboratories experienced declines.
The IPO of Bansal Wire is scheduled to open for subscription on July 3 and will close on July 5. The company aims to raise approximately Rs 745 crore through this public offering. This IPO consists entirely of a fresh equity sale of 2.91 crore shares, with no OFS component involved. According to market analysts, Bansal Wire currently commands a GMP of Rs 65 in the unlisted market.
The General Officer is an alumnus of Sainik School Kazakkotam in Thiruvananathapuram, National Defence Academy in Khadakwasla and Indian Military Academy, Dehradun. He was commissioned into 11 MADRAS Regiment in December 1988. "In his 35 years of meritorious service the General Officer has held various important instructional, staff and UN peace keeping appoints during his service. He has been on UN Mission in Democratic Republic of Congo (MONUC) as Military Observer and was also the Chief Operational Officer... Читать дальше...
