Eminent economists urged PM Modi to prioritize economic growth and infrastructure in the upcoming budget during a NITI Aayog meeting. Finance Minister Sitharaman will present the 2024-25 budget on July 23, focusing on accelerating growth and agricultural productivity.
Nifty closed unchanged on Thursday, but its price action formed an Inside Bar pattern, signaling potential volatility. This pattern, combined with the index finding support at the 10-day exponential moving average (EMA) after two sessions, suggests a short-term upward trend, according to technical analysts.
Union Communications Minister Jyotiraditya Scindia provided updates on mobile phone penetration in India, indicating 70-80% coverage with 120 crore devices in use. Efforts are underway to expand the 4G network to reach 100% coverage using indigenous technology. Scindia discussed strategies for the development of North Eastern states and highlighted the 'Ek Ped Maa Ke Naam' campaign aiming to plant 51 lakh trees in Indore. Stay informed about the ongoing initiatives and government focus on regional growth.
PNB and SAIL signed a concessional loan MoU on Thursday to improve SAIL employees' financial well-being and expand PNB's customer base. Attendees included PNB's Sudhir Dalal from Business Acquisition and Relationship Management Division, Bibhu Prasad Mahapatra, Sunil Agrawal, Mohit Dhawan, and SAIL's Lavika Jain, Bikram Uppal, Praveen Nigam, and BS Popli, according to a statement.
Emilia Clarke stars in Prime Video's Criminal, playing a daring armed robber named Mallory. The series, based on a popular graphic novel, explores crime and intense relationships within a heist crew, promising a modern take on classic noir stories.
Rujani Tea, the online brand of Aideobarie Tea Estate in Jorhat, is making waves in the tea industry with new CTC variants and a focus on sustainability. The company, founded in 1897, has expanded globally to Australia, Sweden, the USA, and more. Director Raj Barooah highlights the challenges faced by the tea industry but emphasizes the company's innovative approach. Assam and West Bengal are experiencing a decline in tea production due to weather conditions, raising concerns for the future of the industry.
Former NASA astronaut Steve Lee Smith praised India's Chandrayaan-3 mission for its audacious goals and success in landing a spacecraft on the lunar South Pole region. Speaking at the GenAI Conclave, Smith emphasized the importance of resilience and grit in advancing India's space program and leveraging AI technology for progress.
Indian shares ended nearly unchanged on Thursday, swinging from a higher open to succumbing to profit-booking along the way, as caution set in ahead of the quarterly earnings season. The S&P BSE Sensex closed 0.03% lower at 79,897, while the NSE Nifty50 index ended below the 24,350 level.
That approval for expanding the scope of services potentially multiplies the business opportunity for banks in the GIFT city more than five times. ET explains what LRS is and the different permissible and non-permissible transactions under this program, and how banks and individuals stand to benefit from the new rules.
Benji Gregory, known for his role as Brian Tanner in the '80s sitcom "ALF," passed away at 46. He began acting at a young age, starred in "ALF" for all episodes, and later served in the U.S. Navy.
The White House press secretary is under fire after attempting to misguide members of the press on the issue of President’s Biden neurology visit. After initially denying that the visits of a top neurology expert to the White house is related to Biden’s health, it was clarified that the president’s neurology related reports were examined by the expert who has ruled out any complication.
Union Minister Hardeep Singh Puri praised a State Bank of India (SBI) report noting that the Modi-led government created 12.5 crore jobs in the past decade, contrasting sharply with the 2.9 crore jobs generated during the UPA's rule. Puri highlighted India's ascent to the world's fifth largest economy and its path towards becoming the third largest.
President Droupadi Murmu joined Saina Nehwal for a friendly badminton match at Rashtrapati Bhavan, showcasing India's sporting prowess and celebrating women athletes. The event, part of a series honoring women Padma Awardees, highlighted Murmu's passion for sports. Earlier, she unveiled the prestigious Durand Cup, President's Cup, and Shimla Trophy, setting the stage for India's football season. Nehwal, a trailblazer in Indian badminton, expressed gratitude for the memorable experience, reinforcing the impact of sportsmanship and inclusivity.
Argentina and Colombia will take on each other in the upcoming Copa America 2024 finals this Sunday. Lionel Messi is all fit and fine, according to reports, and will be seen in the finals, probably, for one last time. On paper, Argentina are way ahead of Colombia, having won more than 10 times in their last 12 meetings.
Billionaire Alex Soros and Huma Abedin are engaged. They celebrated their engagement in Italy. Their relationship, described as effortless, became public. Abedin, now happy and in love, has been seen frequently with Soros.
Traders reacted swiftly, pricing in about an 85% chance of a September rate cut after the report, up from about 70% earlier, and also boosting bets on second rate cut in December. They also priced in an increasing, but still less than 50-50, chance that the Fed will squeeze in a third rate cut by year's end.
Revenue for the quarter is projected to be Rs 27,997 crore, marking a 6.5% increase over the same quarter of the previous financial year, according to average estimates. Although the company is expected to report year-on-year growth in profit after tax (PAT), a sequential decline is anticipated due to project completions and reduced discretionary spending.
Oxfam reports rich nations claimed USD 116 billion in 2022 climate finance, but only USD 35 billion was actual aid. The 2009 pledge was USD 100 billion. OECD's figures include market loans; only USD 15 billion was for adaptation. UNEP estimates USD 215-387 billion needed. Baku conference to set new goals. Citing Article 9, aid should be grants.
Emphasizing the urgency of the situation, the Chief Minister underscored the importance of swiftly restoring road connectivity, particularly in the flood-affected districts. "Early restoration of roads snapped due to floods and landslides is crucial to ensuring access to essential services and aid," said the Chief Minister.
The Supreme Court will announce its verdict on Delhi Chief Minister Arvind Kejriwal's challenge against his arrest by the Enforcement Directorate in the excise policy corruption case, initiated following a CBI probe into alleged irregularities.
Ellen DeGeneres, the iconic comedian and former talk show host, has announced her retirement following her upcoming Netflix special.
Hedge funds, including FengHe and CloudAlpha, invest in South Korea's chipmakers and firms like HD Hyundai Electric. These companies support Nvidia, aided by a 26 trillion won government package, boosting the KOSPI index. Despite the depreciating won and TSMC’s higher multiple, they attract investments amid the Sino-U.S. tech war and U.S. export bans.
