The Nifty Bank index closed 0.69 per cent down at 49748.3.
Union Bank of India paid the highest compensation of Rs 74.96 crore followed by Bank of India at Rs 20.38 crore and Indian Bank at Rs 16.16 crore during FY24, FM Nirmala Sitharaman said.
The Nifty IT index closed 0.49 per cent up at 38624.2.
SUNDAY Hotels, a premium brand of hotels was originally launched in May 2023 through a joint venture between the Softbank Group and Oravel Stays, the parent company of Oyo. The first SUNDAY hotel was launched in Jaipur followed by Vadodara and Chandigarh.
The 30-share BSE Sensex closed down 166.33 points at 78593.07
Wrestler Vinesh Phogat on August 6 stunned Tokyo Olympics' defending champion Yui Susaki to march into the quarterfinals of the women’s 50kg wrestling category at the Paris Games.
Here are six cool and wallet-friendly spots where you can enjoy a quick trip during the monsoon on the August long weekend of 2024.
The India Meteorological Department improved its heavy rainfall predictions by 30 to 40 per cent in the past five years, said IMD chief Mohapatra. Nonetheless, Kerala blamed the IMD for insufficient warnings before fatal landslides in Wayanad. Improvements in early warning systems have aided disaster management, and further advancements are expected in the coming years.
Despite a 'Turnaround Tuesday' in Asian markets, the sensex fell 166 points as the morning rally proved short-lived. The Nifty50 dropped 0.26% to 23,992.55, and the Sensex closed at 78,593.
The Indian Council of Medical Research (ICMR) reviewed a study on the long-term safety of Covaxin in adults and adolescents, conducted by Banaras Hindu University, and found significant methodological flaws. Minister of State for Health Prataprao Jadhav informed the Rajya Sabha that the study lacked a control group of unvaccinated individuals, making it impossible to link reported events to the vaccine. The study, published in May, also lacked background rates and baseline participant information. Читать дальше...
Among Sensex stocks, HDFC Bank, Bharti Airtel, SBI, ICICI Bank, Axis Bank, and Bajaj Finance were the main drags on the index. In contrast, L&T, Reliance Industries, HUL, and HCL Tech ended in positive territory. Sector-wise, Nifty Financial Services and PSU Bank closed over 1% each. Nifty Auto, Healthcare, Consumer Durables, and Oil & Gas also ended in the red. In the broader market, Nifty Midacap100 and Nifty Smallcap100 fell 0.4% and 0.6%, respectively.
State-owned power giant NTPC will seek shareholders approval to raise up to Rs 12,000 crore through issuance of Non-Convertible Debentures (NCDs/bonds) on a private placement basis in its annual general meeting on August 29.
At least 50 students from around 10 ashram schools in Maharashtra's Palghar district fell ill due to suspected food poisoning on Tuesday morning. The students, from Dahanu, Palghar, Talasari, and Vasai talukas, experienced nausea, vomiting, and giddiness after dinner. They were admitted to various hospitals for treatment. Officials are investigating the cause, with food samples collected for analysis. District Collector Govind Bodke and health officials are assessing the situation in hospitals. Project Officer Dr. Читать дальше...
The Vishva Hindu Parishad (VHP) urged the government to ensure safety for Hindus, Sikhs, and other minorities in Bangladesh, citing attacks by "fundamentalists." VHP President Alok Kumar called for increased security on the Indo-Bangladesh border to prevent infiltration. He highlighted widespread violence against minorities in Bangladesh and called for international action to protect human rights. Kumar expressed concern over the declining population of Hindus in Bangladesh and emphasized the need... Читать дальше...
Concerns about a U.S. economic slowdown and the unwinding of carry trades that used the Chinese yuan to fund long bets on the rupee have pressured the local currency this week.
Sebi (Investment Advisers) norms specify the eligibility conditions for registration, obligations and responsibilities and procedure for action in case of default, Minister of State for Finance Pankaj Chaudhary in a written reply to Rajya Sabha.
Inox Wind CEO Kailash Tarachandani said, "Integrum has been a longstanding partner for us, and we are delighted that they have reaffirmed their faith in our product and solutions with this large equipment supply order for 201 MW".
Alleging that the Congress has always hated India's development and education system, Pradhan said those who are playing with the future of children and calling the Indian education system rubbish should try to know the truth before spreading lies.
Symphony Ltd announced June quarter results highlighting a buyback worth Rs 71.40 crore and an interim dividend of Rs 1 per share. The buyback involves up to 2,85,600 shares at Rs 2,500 each. Notably, the company's profit surged by 267% YoY to Rs 88 crore and revenues rose by 76% YoY to Rs 531 crore.
Bangladesh unrest: The Confederation of Indian Textile Industry has raised alarms about the political upheaval in Bangladesh, which could disrupt the supply chain and affect Indian textile companies operating there. Potential production delays and market shortages are anticipated, pushing businesses to explore alternative manufacturing hubs. The crisis may also impact global brands sourcing from Bangladesh.
India's men's table tennis team was eliminated from the Paris Olympics with a 0-3 loss to China. Sharath Kamal, Harmeet Desai, and Manav Thakkar couldn't secure a win in their respective matches. Despite Kamal winning the first game against Fan Zhendong, he lost the next three. India's women's team reached the quarterfinals by defeating Romania 3-2 previously.
Javelin Throw Olympics 2024: Neeraj Chopra qualified for the javelin throw final at the Paris Olympics with an 89.34m throw. Despite battling an adductor injury all season, Neeraj delivered his best-ever throw at a global championship. His main competitors are Julian Weber, Anderson Peters, and Jakub Vadlejch. The finals are expected to take place on August 8
India, the world's second-biggest crude steel producer, imports about 85% of its annual coking coal consumption of around 70 million metric tons.
