Brent crude oil futures climbed 16 cents, or 0.2%, to $85.60 a barrel by 0033 GMT. U.S. West Texas Intermediate crude futures rose 14 cents, or 0.2%, to $82.95 per barrel.
India's first solar mission, Aditya-L1, completed its first halo orbit around the Sun-Earth L1 point, the Indian Space Research Organisation (ISRO) announced. Launched on September 2 last year, the Aditya-L1 spacecraft was inserted into its targeted halo orbit on January 6. It takes 178 days to complete a revolution around the L1 point. Station-keeping manoeuvres on February 22, June 7, and July 2 have maintained its orbit, with the latest manoeuvre ensuring it continues into the second halo orbit path. Читать дальше...
Indian markets corrected impacting shares of YES Bank, DMart, and Kotak Bank. Despite this, Zomato and Hindustan Zinc were affected, with DMart reporting increased revenue. Additionally, HDFC Bank's weight in the index may increase, as YES Bank reported growth in loans. Force Motors sales declined, KEC International secured new orders, and IEX saw an increase in electricity volume.
Following days of heavy rainfall, a flood situation has emerged in Assam's Kaziranga National Park, inundating 167 camps. Park official DFO Arun Vignesh confirmed the rise in water levels and the evacuation of eight camps. The floods in Assam have claimed 38 lives, affecting over 11.34 lakh people in 28 districts. Majorly impacted areas include Lakhimpur, Darrang, and Golaghat. The Assam State Disaster Management Authority reports that 42,476.18 hectares of crops and 2,208 villages have been submerged in the second wave of floods. Читать дальше...
FSSAI officials have ramped up surprise audits at dark stores, D2C brands.
Paytm Payments Bank Ltd faces audit qualification disputes over viability, seeking RBI intervention. Compliance issues led to operational restrictions, prompting directions to transfer businesses. KYC guideline non-compliance has halted income generation and eroded net worth.
Foreign portfolio investors (FPIs) have lapped up shares in Gurugram-based listed fintech firm PB Fintech, as its founders and early investors sold their shares, in full or in part, in multiple tranches. These transactions happened through bulk deals when several early-stage investors of the company exited the firm fully or partly after 2021, when it went public.
India has emerged successful in making the Global Partnership on Artificial Intelligence (GPAI) the leading platform for international cooperation on AI governance. This includes establishing regulations and a unified global framework for responsible AI development and implementation.
Hindenburg termed the Sebi’s notice, dated June 26, as “nonsense, concocted to serve a pre-ordained purpose, an attempt to silence and intimidate those who expose corruption and fraud perpetrated by the most powerful individuals in India”. Apart from the research firm, its founder Nathan Anderson, Mark E Kingdon, Kingdon Capital Management, Kingdon Offshore Master Fund and K- India Opportunities Fund (KIOF) - Class F, too, were served the notice.
Scorching summer heat and elections created a mixed quarter for consumer goods, with sales of cooling products like beverages, ice creams, talcum powder, and sunscreens rising up to 15 per cent amidst the heatwave. However, impulse snacks and single-serve beverages saw a decline due to reduced out-of-home consumption. Election restrictions impacted alcohol sales, while delayed monsoon affected insecticide sales. Last-mile servicing challenges were reported, particularly in rural areas due to the heat.
GHCL, a small-cap chemical stock, hit a 52-week high in September 2023 but subsequently declined. After bottoming out in March 2024, the stock regained momentum but failed to sustain it. It witnessed resistance above 500 levels but found support above 50 and 100-DMA in May and June, respectively, on the daily charts. In terms of price action, the stock is now trading well above most of the crucial short- and long-term moving averages such as 5,10,30,50,100, and 200-DMA — a positive sign for the bulls.
Eminem has finally announced the name of his new album in the form of a horrifying trailer, that revolves around the birth of a demon baby. The announcement sees Slim Shady coming back in a whole new avatar.
Eva Evans' cause of death has been revealed by New York City Medical Examiner and it was a tragic one.
July 2024 brings varied challenges and opportunities for each Chinese zodiac sign, affecting love, career, and personal growth differently.
