India ranked fifth in cross-border real estate investments in the Asia-Pacific region during the first half of 2024, attracting 9% of the total volume. The office sector led with 36% of investments, followed by the industrial sector at 30%. Anticipated economic improvements may further boost foreign investments in Indian real estate.
The Indian mission organized a series of environmental events in July to promote sustainability, as part of the Plant4Mother campaign launched by Prime Minister Narendra Modi. The campaign, which aims to plant 800 million trees by September 2024 and 1.4 billion trees by March 2025, encourages global participation in tree planting.
The past week saw significant volatility in the markets, marking a new lifetime high before facing corrective pressures. Despite maintaining upward momentum and surpassing the 25,000 mark, the markets ultimately succumbed to corrective pressures, closing with a net weekly loss of 117.15 points (-0.47%). Technically, the markets remain vulnerable to profit-taking from higher levels and are significantly deviated from their mean, indicating potential for a corrective move. Volatility spiked with the... Читать дальше...
The fundraising plan was announced by SBI along with its April-June quarter earnings where the lender reported a standalone net profit of Rs 17,035 crore, up by 0.9% over Rs 16,884.29 crore reported in the year-ago period. The interest earned during the reported quarter stood at Rs 1,11,526 crore, which was higher by 16% versus Rs 95,975 crore reported in the corresponding quarter of the last financial year.
Noting that without major changes in the way the world produces, distributes and consumes foods, professor of agricultural economics and director of the Center for Development Research (ZEF), University of Bonn, Germany, Martin Qaim said that none of the 17 SDG goals can be achieved.
Nazul land is defined as state-owned land often not directly managed as state properties. These lands are prevalent in many cities across Uttar Pradesh, where numerous people have settled after obtaining lease renewals. While the ordinance targets reclaiming land unlawfully occupied by the land mafia, its impact extends to broader populations.
A demolition operation on SP leader Moeed Khan's illegal bakery, following accusations of raping a minor, faced delays. The bakery was sealed, and its license revocation process has begun after Chief Minister Yogi Adityanath's intervention. Further allegations involve death threats made by SP leaders to the victim's family.
Zerodha Asset Management Company and its founder, Nithin Kamath, were penalized by the Ministry of Corporate Affairs for delaying the appointment of their Chief Financial Officer. The fines amounted to Rs 5 lakh for the company and Rs 4.08 lakh for Kamath. Zerodha has filed an appeal, asserting the delay was not deliberate.
In Karnataka, the BJP and JD(S) launched their 'Mysuru Chalo' march, demanding Chief Minister Siddaramaiah's resignation due to alleged involvement in an illegal site allotment scam. The week-long march began in Bengaluru and will end in a public meeting in Mysuru. Opposition leaders criticized Siddaramaiah, urging him to step down amid corruption allegations.
Union Home Minister Amit Shah urged citizens to join the 'Har Ghar Tiranga' campaign, calling it a national movement that fosters unity among Indians. He encouraged people to display the national flag at their homes, take a selfie with it, and upload the photo to the campaign's website, harghartiranga.com.
At the ABA meeting, Deputy Attorney General Lisa Monaco reaffirmed the Justice Department's commitment to providing social media companies with intelligence on foreign election interference. Monaco highlighted Russia as a primary threat and stressed the importance of safeguarding election workers from violence and intimidation to ensure the integrity of the electoral process.
SBI Q1 Results: The public sector lender reported PAT at Rs 16,884.29 crore in the year-ago period. The Street had estimated PAT at around Rs 16,786 crore. During the reported quarter, the interest earned amounted to Rs 1,11,526 crore, marking a 16% increase compared to the Rs 95,975 crore reported by the lender in the same quarter of the previous financial year. The bank's interest expenditure for the April-June quarter was Rs 70,401 crore, up from Rs 57,041 crore, representing a 23% year-over-year increase.
Quant PSU Fund offered around 11.39% in July, the highest return.
Indian shooter Manu Bhaker created history at the 2024 Paris Olympics by winning two medals in the same edition, securing bronze in the 10m air pistol and in mixed 10m air pistol with Sarabjot Singh. This marked her redemption after a malfunctioning pistol hampered her performance at the 2021 Tokyo Olympics.
This investment scheme aims to mirror the total returns of the Nifty India Defence Total Return Index, while accounting for tracking errors. Benchmarked against the Nifty India Defence Total Return Index, the minimum investment amount is Rs 500, with additional purchases allowed in multiples of Re 1.
APK Scam: Punjab and Sind Bank through a public notice has warned about scamsters now trying to rob you by using the 'APK file scam'. According to Kaushik Ray, COO Whizhack Technologies, "APK fraud involves tricking users into downloading and installing an APK file that appears legitimate but is malicious. Once installed, these fraudulent APKs can perform a variety of malicious actions ranging from stealing personal information to locking the device for ransom."
Law Minister Arjun Ram Meghwal highlighted the deep-rooted tradition of mediation in Indian culture, referencing the Mahabharat and the role of Lok Adalats in modern dispute resolution. Speaking at a Supreme Court event, Meghwal praised Lok Adalats for addressing disputes once handled by family elders, noting that the first Lok Adalat was metaphorically conducted by Lord Krishna.
Rescue operations in Kerala's landslide-affected areas entered the fifth day, with the death toll reaching 215 and 206 people still missing. Advanced radars are to be deployed to aid in locating the missing. Chief Minister Pinarayi Vijayan discussed ongoing efforts and rehabilitation plans. Actor Mohanlal visited the affected areas and pledged financial support for reconstruction.
Investors in the 2016-17 SGB Series I scheme have seen their investment grow by an impressive 122% (Rs 3,819) over the initial issue price of Rs 3,119 per gram. This excludes an additional 2.5% interest income provided by the government. The bonds, issued on August 5, 2016, mature eight years after their issue date.
India's Manu Bhaker narrowly missed a podium finish, securing fourth place in the women's 25m pistol final. As the reigning world champion in this category, a third medal was anticipated, but she had already won two bronze medals in the 10m air pistol and the 10m air pistol mixed team events with Sarabjot Singh.
Manu Bhaker excelled in the 25m sports pistol event at Chateauroux, qualifying second for the final with a score of 590. Already a two-time bronze medalist at these Olympics, she seeks her third medal. Her remarkable comeback follows a disappointing Tokyo campaign, with inspiration from top athletes like Neeraj Chopra and PV Sindhu.
ETMarkets' analysis of BSE smallcap stocks indicates that, over the last three sessions (July 31 - August 2), four stocks have consistently demonstrated rising prices, trading volumes, and delivery volumes, reflecting increased investor interest.
Google updated Chrome with AI features, including Google Lens in the search bar for integrated text and image search. The new capabilities will roll out globally, with AI-generated Overviews exclusive to the US. Users can also query their search history naturally and compare products online, improving Chrome's functionality.
Income tax refund: You may have to wait a big longer if you have filed the complicated income tax return (ITR) forms like ITR-2 or ITR-3. "Generally, it is observed that simpler forms like ITR-1 are processed more quickly as compared to complex forms like ITR-3," says CA Muskkan Kukreja, Assistant Director and Program Coordinator -Accounting and Finance, S K Somaiya College.
