Indian benchmarks hit record highs on Thursday, driven by expectations of a U.S. interest rate cut. The Sensex rose 0.15% to 81,867, while the Nifty50 stayed above 25,000.
Founded by Supam Maheshwari and his colleague from a previous business, Amitava Saha, FirstCry has been the darling of investors which include SoftBank, Tata Sons Chairman Emeritus Ratan Tata, Premji Invest, Mahindra & Mahindra and TPG Growth.
Uttar Pradesh Chief Minister Yogi Adityanath forecasted the Samajwadi Party's downfall in the 2027 elections while criticizing Rahul Gandhi's unmet election promises. He stressed that SP and Congress cannot continually mislead the public. Adityanath assured that anyone threatening law and order, especially women's safety, would face strict consequences, highlighting his administration's tough stance on crime.
With many missing, rescuers raced against time, scrambling through uprooted trees and collapsed buildings to look for survivors. Down south, the death toll in the devastating landslides in Kerala's Wayanad district climbed to 177 on Thursday, with authorities saying that it could increase further as rescue operations are still underway.
The Ministry of Road Transport and Highways plans to award road contracts worth Rs 3 lakh crore within the next three months, aiming to close the financial year with contracts worth Rs 5 lakh crore. This determination comes despite a slow start to the fiscal year, attributed to elections and the model code of conduct.
Since the Athens Olympics of 2004, China has never been away from the gold and silver medal at the Olympic Games. Now, with this latest defeat of world number 1 table tennis star from China, the nation will not see any gold or silver medal recipients in men's singles table tennis in Paris.
RailTel Corporation had posted a net profit of Rs 38.39 crore in the same period last year. Revenue from operations also rose by 19%, totaling Rs 558.11 crore, up from Rs 467.61 crore in the previous year's quarter.
Akasa Air, which will celebrate its second anniversary next week, is projected to reach 1,000 weekly departures by this year's festive season, solidifying its status as India's fastest-growing airline. Currently, the airline operates over 900 weekly departures. Additionally, Akasa Air aims to double its Available Seat Kilometres (ASKs) by the end of FY25, growing from the current range of 15-18%.
“It has been reported that the foreign nationals visiting India are facing challenges in obtaining mobile connections in India as they are unable to provide an alternate number which is being used for providing OTP as a signature in the existing D-KYC (digital KYC) process,” the department of telecommunications (DoT) said in a notification on Thursday.
The July 2024 Daily Kos/Civiqs Poll found that about 43% of voters have a favorable opinion of Kamala Harris, while 51% have an unfavorable opinion about her. On the other hand, as many as 42% of voter have a favorable opinion for Donald Trump while 56% have an unfavorable opinion. What will happen in the US Presidential Election 2024?
Mirae Asset Mutual Fund has filed a draft document with Sebi for Nifty PSU Bank ETF. Mirae Asset Nifty PSU Bank ETF will be an open-ended scheme tracking Nifty PSU Bank Total Return Index.
Manufacturing activity in the US contracted more than anticipated in July, with the ISM's index falling to 46.8 percent. This marked the fourth consecutive month below the 50-point expansion threshold. Factors such as weak demand and declining output contributed to this slump. Only five manufacturing industries reported growth, highlighting the continued economic downturn.
Karnataka's Council of Ministers requested Governor Thawar Chand Gehlot to retract a show cause notice against CM Siddaramaiah over alleged unlawful land allotment by MUDA. They sought to dismiss an activist's prosecution request. The opposition BJP demanded Siddaramaiah’s resignation, citing corrupt practices linked to the plots. The CM aims to challenge the Governor's decision in court.
The online travel aggregator sees promise in the government's latest policy initiatives to grow spiritual tourism in the country.
In 2024, over 1.33 million Indian students are studying abroad, according to data shared by Minister of State for External Affairs Kirti Vardhan Singh in Parliament. The figure shows a steady increase from previous years: 1.32 million in 2023 and 907,404 in 2022. Indian students are spread across 108 countries, with significant numbers in Canada (42,700), the US (337,630), and China (8,580). The government encourages students to register with Indian Missions and use the Global Rishta Portal for support. Читать дальше...
Over the decade spanning 2014 to 2023, the Nifty 50 closed positive on six occasions (2014, 2016, 2018, 2020, 2021, 2022) and negative in the remaining four (2015, 2017, 2019, 2023). The highest gains were seen in 2021 (8.7%), followed by 2022 (3.5%) and 2014 (3%). Conversely, the steepest decline occurred in 2015 (-6.6%), with lesser dips in 2017 (-1.6%), 2019 (-0.9%), and 2023 (-2.5%).
Evan Gershkovich, a U.S. Wall Street Journal reporter, and former U.S. Marine Paul Whelan were among 26 prisoners from the United States, Russia, Germany, Poland, Slovenia, Norway, and Belarus released in a significant east-west exchange coordinated by Turkey on Thursday. Ten prisoners, including two minors, were transferred to Russia, 13 to Germany, and three to the United States.
The Indian men’s hockey team will face Australia in a crucial Pool B match at the Paris Olympics 2024, seeking to recover from their first defeat of the tournament. Scheduled for August 2, the game will determine India’s position heading into the quarterfinals. With Australia holding a historical advantage, India aims to overcome the challenge and secure a favorable position in the knockout stages.
Ola Electric secured Rs 2,763 crore from anchor investors before its IPO, with shares priced at Rs 76 each. The IPO had a strong response, oversubscribed by over 150 times. Funds from the IPO will go towards working capital, debt repayment, and corporate needs. The company's market cap is just over Rs 33,500 crore at the upper price band.
SBI and HDFC Mutual Funds were allocated shares worth $30-$36 million each, while Nomura and Norges Bank were allocated $24 million each.
SBI and HDFC Mutual Funds were allocated shares worth $30-$36 million each, while Nomura and Norges Bank were allocated $24 million each. Ola Electric's Rs 6,146-crore IPO will open for subscription on August 2. The company, India's largest two-wheeler maker, has set the price band for the issue at Rs 72-76 apiece.
About 300 small Indian banks were temporarily offline following a ransomware attack on C-Edge Technologies, which provides tech services to the banks. The National Payments Corporation of India isolated these banks to contain the attack, which has now been resolved. A forensic review confirmed the breach did not extend to the banks' own systems.
US Vice President Kamala Harris, the Democratic presidential candidate, will embark on a four-day tour of key battleground states starting August 6. The tour, which will include cities like Philadelphia, Detroit, and Phoenix, aims to engage voters and emphasize the importance of the upcoming election. Harris’s running mate, whose identity remains a closely guarded secret, is expected to be announced before the tour begins. Harris, who became the sole Democratic candidate following President Joe Biden's withdrawal... Читать дальше...
A team led by Indian radio astronomers reported discovering 34 new giant radio sources. The findings, made through the TIFR GMRT Sky Survey at 150 MHz, include some of the most distant known GRSs. This research challenges previous beliefs regarding the environments contributing to the enormous size of these cosmic structures.
