In a call on June 1, 2020, former President Trump praised Governor Tim Walz's handling of the Minneapolis unrest after George Floyd's murder. However, Trump is currently criticizing Walz's actions as part of his campaign, even though he had commended the governor's deployment of the National Guard. The call gains relevance as Walz joins Kamala Harris' ticket.
With the growing popularity of UPI for making payments, the limit for direct and indirect tax payments via UPI has been hiked to Rs 5 lakh. Currently, the UPI limit for normal transactions is Rs 1 lakh per transaction. The RBI announced the proposal to hike the UPI limit for tax payments in the monetary policy meeting on August 8, 2024.
With the growing popularity of UPI for making payments, the limit for direct and indirect tax payments via UPI has been hiked to Rs 5 lakh. Currently, the UPI limit for normal transactions is Rs 1 lakh per transaction. The RBI announced the proposal to hike the UPI limit for tax payments in the monetary policy meeting on August 8, 2024.
Chakri Lokapriya discussed the impact of unrest in Bangladesh on power suppliers like NTPC and Adani, concluding it wouldn't significantly affect their capacity. He highlighted opportunities for Indian textile firms. Additionally, he noted Tata Motors' strong positioning and potential market shifts, cautioning about Eicher Motors' competitive challenges and flat sales projections.
According to the stockedge.com data, 8 stocks from the Nifty50 pack reflected in the RSI Trending Up scan. It is an uptrend signal if the RSI value has crossed above 50 from below.
Former West Bengal Chief Minister Buddhadeb Bhattacharjee, aged 80, passed away due to chronic obstructive pulmonary disease, leaving behind his wife and daughter. Bhattacharjee led the CPI(M)-led Left Front to electoral victories in 2001 and 2006. He was known for his attempts to industrialise the state despite facing setbacks over land acquisition issues. With a political career spanning over five decades, he held various key positions in the West Bengal cabinet.
RBI Governor Shaktikanta Das cautioned that rising retail investments in alternative routes like mutual funds could lead to structural liquidity issues for banks, as deposits decline. SBI's latest report shows credit growth among Indian banks surpassing deposit growth, with credit increasing by 14% and deposits by 11.3% year-on-year.
The stock quoted a 52-week high price of Rs 10080.15 and a 52-week low of Rs 6634.6.
The order is for a mix of owned and chartered dual-fuel vessels totalling 800,000 twenty-foot equivalent units — a measure of how much cargo is transported, according to an emailed statement from the company.
The Nifty Bank index was trading 0.09 per cent down at 50075.8.
Best pudding for weight loss to eat guilt free including chia pudding, mango pudding and more
On August 7, the closing prices of three stocks from Nifty500 pack dropped by more than 1.5% relative to the VWAP, and a shift below the VWAP suggests a potential bearish trend, according to stockedge.com's technical scan data.
Gold October futures opened flat at Rs 68,860 per 10 gram, while silver September futures traded at Rs 79,019/kg. The week saw significant price volatility due to global market fluctuations and US recession concerns.
The stock quoted a 52-week high of Rs 3476.4 and a 52-week low of Rs 1909.0.
The Nifty Realty index was trading 0.08 per cent down at 1018.15.
On the technical charts, the RSI of the stock stood at 66.95.
Prime Video's gathering star power-- and live sports -- position it to capture a greater share of the $28.75 billion in digital advertising revenue Emarketer projects will be spent this year on streaming, as marketers trim their investment in traditional television. Morgan Stanley estimates Prime Video ads could generate $3.3 billion in sales this year and more than double to $7.1 billion within two years.
The 30-share BSE Sensex was down 348.66 points at 79119.35
A total of 23,661 shares changed hands on the counter till 10:25AM (IST)
The 30-share BSE Sensex was down 452.21 points at 79015.8
Indian wrestling legend Mahavir Phogat expressed plans to convince his niece Vinesh Phogat to compete in the 2028 Los Angeles Olympics. Vinesh announced her retirement from the sport after being disqualified from the women's 50 kg freestyle event of Paris Olympics. Haryana Chief Minister Nayab Singh Saini announced a warm welcome for Vinesh with rewards like Olympic silver medalists. Mahavir also motivated other women wrestlers for the 2028 Olympics.
A total of 2,158 shares changed hands on the counter till time (IST).
The 30-share BSE Sensex was down 468.86 points at 78999.15
RBI MPC Meeting Inflation Target: The Reserve Bank of India, maintaining an inflation forecast of 4.5%, kept its key lending rate steady at 6.5%. Despite food price increases and global tensions impacting crude prices, the decision focuses on price stability and growth. RBI Governor Shaktikanta Das highlighted recent monsoon developments and core inflation moderation as key influences.
