July witnessed a decline in passenger vehicle sales in India after over two years. Sales dropped by about 2.5% to around 344,000-345,900 units due to increased dealer inventory and lukewarm consumer interest. While Maruti Suzuki and Hyundai posted declines, Toyota and Mahindra saw growth, driven by demand for utility vehicles.
Suryoday Small Finance Bank reported a 46% jump in net profit for the June quarter at Rs 92.7 crore over Rs 63.4 crore in the year ago period. Its operating profit was 23% higher at Rs 144 crore against Rs 117 crore.
Operating profit at AMNS India – in which ArcelorMittal has a 60% equity interest – slipped by nearly three-fifth on year in the June quarter, weighed down by lower sales.
C-Edge Technologies is in the advanced stage of hiring a forensic auditor to look into the matter, said people familiar with the development. After the attack, the National Payments Corporation of India (NPCI) disconnected all forms of retail payment service offered to the company.
The decision by the Appellate Division in Manhattan means Trump, the Republican presidential nominee in the Nov. 5 election, cannot comment publicly about individual prosecutors and others in the case until Justice Juan Merchan sentences him on Sept. 18.
The Enforcement Directorate (ED) had raided the premises of Ashu, Raman Balasubramanium, a former chairman of the Ludhiana Improvement Trust, and some others in August 2023.
Lakhera has varied and rich professional experience of Assam Rifles and the North East region, having served extensively in North East including being Inspector General in Assam Rifles at Nagaland.
Anand Kumar, founder of the Super 30 program, has called for a ban on teaching in basements and has urged for regular inspections of coaching centres following the tragic incident in Delhi’s Old Rajinder Nagar, where three UPSC aspirants drowned in a flooded basement. He stresses that coaching centres should adhere to stringent standards regarding space, and the number of entry and exit points.
According to the BCG report “The Poster Child”, 75% of digital payments and loans and 25% of new digital accounts will originate from third-party platforms by FY26.
India has approved the export of essential commodities to Maldives from Kandla and Vishakhapatnam seaports, bringing the total to six ports for the fiscal year 2024-25. This decision comes amidst diplomatic tensions and follows the lifting of export restrictions on nine products, requested by the Maldivian government earlier this year.
The NEET investigation was transferred to the CBI on June 23. The central agency utilised advanced Forensic Techniques, Artificial Intelligence Technology, CCTV footages, Tower location analysis, etc. to gather evidence against the accused.
Paul Whelan, an ex-Marine, was freed by Russia in a major prisoner swap. Arrested in 2018 for allegedly possessing classified documents, Whelan was sentenced to 16 years. His imprisonment heightened US-Russia tensions. Though previously bypassed in swap deals, including for Brittney Griner, Whelan's release marks a turning point in strained diplomatic relations.
This collaboration represents another significant step in IIM Shillong's global expansion and commitment to academic excellence. The agreement was formalised by Professor DP Goyal, Director of IIM Shillong, and Professor Cedwyn Fernandes, Pro Vice-Chancellor and Director of Middlesex University Dubai.
Gold prices surged due to a weaker dollar and optimistic remarks from the US Federal Reserve, suggesting a potential interest rate cut in September. At 7:45 pm, October MCX gold futures reached Rs 70,350, a 1% increase, peaking at Rs 70,489 for the day.
USA vs Morocco Paris Olympics 2024 football quarterfinals match will be played on Friday. Soccer fans in the US can watch the game live.
The dollar gained on Thursday as rising geopolitical tensions provided a safe haven boost to the currency, while the British pound fell after the Bank of England cut interest rates from a 16-year high.
The Supreme Court requested responses on a plea by Rika Global Impex Ltd. challenging bans on exporting non-basmati white rice. The court will examine claims that notifying restrictions opposed public interest and breached Foreign Trade Policy. The petitioner seeks to annul the notifications and gain export approval for previously acquired rice stock.
Don Lemon, a popular prime-time personality, was fired from CNN in April last year after 17 years at the cable television network after a short tenure as morning show co-host.
It is believed that US President Joe Biden is not happy the way Barack Obama joined a group of Democrats who asked him to pull out of the US Presidential Election 2024. Is it the reason he has referred to an incident related to same-sex marriage, that happened 12 years ago?
At a lecture at the FAO in Rome, Dennis Francis, President of the 78th UN General Assembly, praised India's digitalisation efforts for lifting 800 million people out of poverty. Highlighting India's success, Francis noted that smartphones have empowered rural farmers with banking and transaction capabilities. He emphasized the need to address digital inequalities in the Global South and revise outdated international financial systems. Francis also discussed the Global Digital Compact, proposed in the UN's "Our Common Agenda" report... Читать дальше...
Replying to the debate on the working of his ministry in Lok Sabha, Minister Vaishnaw highlighted that the ratio of general coaches, including sleeper and non-AC coaches, to AC coaches is almost 2:1.
UPI Payments, a part of “India Stack”, has emerged as the flagship Indian fintech product over the recent years. It has seen remarkable growth, rising from 6% of non-cash retail transactions in FY18 to 80% in FY24, with projections to reach 90% by FY26, as per estimates by Boston Consulting Group.
The Railway Board has formed a new committee, consisting of three senior officials, to review the implementation of 70 recommendations from the 2013 High Power Committee on running staff working conditions. The committee, established on July 26, will assess compliance with guidelines on working and rest hours, and submit its report within a month. Zonal railways must provide feedback by August 5. This committee follows another formed earlier in July to address broader issues affecting loco pilots and guards.
