Vinesh Phogat was disqualified from the Olympics after surpassing the weight limit ahead of the women’s 50kg final. Previously assured of at least a silver medal, she now returns empty-handed. Phogat made history as the first Indian woman wrestler to reach the gold medal bout before being disqualified for exceeding the weight limit by 100 grams.
Commerce Minister Piyush Goyal called on BIMSTEC nations to reassess their sluggish FTA negotiations, proposing a preferential trade agreement instead. Despite 22 rounds since 2004, significant progress remains elusive. Goyal suggested trading in local currencies to even out trade imbalances and sought input from business leaders to guide future decisions.
At present, Tata Motors boasts to have four EVs in its portfolio: Nexon.ev, Punch.ev, Tiago.ev and Tigor.ev. Today's launch of Curvv.ev, a blend of toughness of an SUV and sporty silhouette of a coupé, makes the fifth addition to its evolving EV range.
At present, Tata Motors boasts to have four EVs in its portfolio: Nexon.ev, Punch.ev, Tiago.ev and Tigor.ev. Today's launch of Curvv.ev, a blend of toughness of an SUV and sporty silhouette of a coupé, makes the fifth addition to its evolving EV range.
Congress leaders in the Rajya Sabha expressed their discontent over NCERT's removal of the Constitution's Preamble from textbooks, alleging it as a move to enforce a communal agenda. Opposition Leader Mallikarjun Kharge emphasized the significance of these democratic values for future generations. Union Minister J P Nadda rebuffed the claims, affirming the government's dedication to upholding the Constitution. He highlighted that the Modi administration declared November 26 as Constitution Day to honor constitutional values. Читать дальше...
A total of 52,365 shares changed hands on the counter till 01:49PM (IST).
Manish Gunwani from Bandhan AMC discussed market strategies, highlighting a cautious stance due to regulatory shifts. The firm has limited PSU investments, focusing instead on healthcare, internet, telecom, real estate, power, and capex sectors. Gunwani underscored the importance of a diverse and nimble approach in the current volatile market environment.
The disqualification means that Vinesh, who had earlier confirmed India’s fourth medal in Paris by defeating Cuba’s Yusneylis Guzman in the semifinals, will return empty-handed. Phogat had achieved a significant victory on August 6 by ending Japan’s Yui Susaki's 82-match unbeaten streak, but her Olympic campaign was abruptly cut short.
A total of 97,721 shares changed hands on the counter till 01:44PM (IST).
Vinesh Phogat Disqualification: Indian wrestler Vinesh Phogat has been hospitalized in Paris due to dehydration after being disqualified from the Women's Wrestling 50kg class by the Indian Olympic Association (IOA). The IOA announced that Phogat weighed in a few grams over 50kg this morning, and Prime Minister Narendra Modi has urged IOA President PT Usha to seek a comprehensive review of the situation. Sports Minister Mansukh Mandviya is set to address the Lok Sabha on Vinesh's disqualification.
By midday, the Unicommerce eSolutions IPO was highly sought after. Retail investors showed the strongest interest, oversubscribing their portion by 19.13 times. Non-institutional investors also showed significant demand, oversubscribing 5.42 times their allocation. However, qualified institutional buyers had only subscribed to a small fraction of their reserved shares. The grey market premium stands at Rs 25, indicating a 23% premium in the unlisted market.
India's top seven cities' residential sales were poised for double-digit growth in 2024-25, with an expected 10-12% rise in sales area. Despite slowed growth in Q1 FY2025, strong demand and increased launches maintained momentum. Developers faced higher debts, but healthy cash flows ensured manageable leverage ratios.
Gold price up more than 17% in one year: check latest price of gold
Paris Olympics: In a big blow to India's medal hopes from the wrestling arena, grappler Vinesh Phogat on Wednesday was disqualified from the 50 kg women's wrestling event.
Bangladesh Protests: Nobel laureate Muhammad Yunus has been appointed to lead Bangladesh's interim government after Prime Minister Sheikh Hasina was ousted. Yunus, noted for his microcredit model through Grameen Bank, has had a controversial history with Hasina. The appointment comes after deadly protests against Hasina's administration and demands from activists.
On Tuesday, the cryptocurrency market showed mixed trends. Bitcoin climbed 1.8% to $56,829, and Solana surged nearly 7% to $151. However, Ethereum and other major tokens saw declines. The overall market cap rose by 1.25% to around $2.01 trillion, reflecting a market recovery. Analysts highlighted improving sentiment but advised cautious optimism.
Logitech International named Matteo Anversa as its CFO, starting September 1, following Meeta Sunderwala's interim tenure. Anversa formerly held the CFO position at Gentherm. The company recently elevated its yearly sales and profit forecasts, citing strong results across product lines and growing contributions from AI-based devices.
On the technical charts, the RSI of the stock stood at 46.52.
Rahul Gandhi requested the government to recognize the landslides in Wayanad, Kerala, as a national disaster and provide higher compensation for affected individuals. He commended the rescue efforts by state governments and the central forces. More than 200 deaths have been confirmed, with many others still missing, highlighting the severity of the calamity.
In India also, if I look at the breadth indicator, advance decline line, that has also reached oversold and it has gotten there not just because of the last four days. In India, we have actually been seeing stocks weaken against the market for a couple of weeks.
