On Thursday, Muhammad Yunus, the Nobel Peace Prize-winning economist, was sworn in as the head of Bangladesh's caretaker government. This appointment comes three days after Prime Minister Sheikh Hasina was forced to resign and flee the country due to violent protests
Reaching a 52-week high marks a stock's peak performance over the past year, serving as a crucial benchmark for evaluating its current value and potential future trajectory
On Thursday, the Indian government withdrew the Waqf Properties (Eviction of Unauthorised Occupants) Bill 2014 from the Rajya Sabha. This bill, introduced by former minority affairs minister K Rahman Khan, aimed to establish a mechanism for evicting unauthorized occupants from waqf properties, which are assets dedicated for religious or charitable purposes.
Researchers at IIT Guwahati introduced 'LEAP', an advanced machine learning framework that optimizes the design of Integrated Circuits (ICs). It improves efficiency by reducing the runtime of EDA tools by 50% and decreasing the clock period by 2%, benefiting the semiconductor industry significantly. This innovation enhances electronic device performance while reducing energy consumption.
The Reserve Bank's survey indicated Indian households' growing concerns about inflation, predicting higher rates across all measured periods. The survey noted an increase in the number of respondents who expect price rises, particularly in food and services. Persistently high food inflation since November 2023 has influenced these expectations.
Manipur's Chief Minister N Biren Singh wanted to remove AFSPA from hill areas but needed central approval. AFSPA has been lifted from some police stations. Ethnic violence since May 3 last year has deeply affected the region. Press bodies condemned the destruction of press materials and suspended news publication for a day.
The Telecom Regulatory Authority of India (Trai) mandated telecom operators to disconnect and blacklist for two years any entity misusing bulk connections for spam calls. Telcos must also block messages with unwhitelisted URLs from September and trace spam message flows by October. The initiative aims to curb the growing menace of robocalls and spam messages.
The company's cash position continues to remain healthy at Rs 4,872 crore at the end of Q2 and H1 CY2024. The sequential lower cash balance was due to the final dividend payout for CY2023," the company statement said
After years of development and production hurdles, the popular video game Borderlands is finally making its way to audiences.
The group secured new orders worth Rs 980 crore across defence, ferrous and aluminium castings and the core forging business, he added
Dhaval Ajmera, Director of Ajmera Realty & Infra India, said the company continued its robust growth momentum with a stellar performance across all financial metrics, driven by strong sales growth and excellent collection efficiencies across all projects
A market sell-off initiated by Q2 earnings disappointments from US tech leaders might accelerate in late August when Nvidia, the AI darling, reports. Gold could continue to benefit, as it has thus far
Earnings before interest, tax, depreciation and amortisation (EBITDA) rose 14% YoY to Rs 239 crore, while the EBITDA margins contracted 540 basis points on y-o-y basis to 15.3%
In the June quarter of 2024, the FMCG industry's volume growth slowed to 3.8% due to macroeconomic challenges affecting staple foods like packaged salt, wheat flour, and palm oil. This is a decline from 7.5% in the same quarter of 2023 and 6.5% in the previous quarter.
As many as 3 billion people were drastically affected in a major IT breach that leaked private and protected data, including names, addresses, SSN's and more on the dark web. The data is currently being analyzed in order to detect how this entire fiasco happened.
The total assets under management for the housing finance company stood at Rs. 21,726 crore, a 21% growth on year, from Rs. 17,947 crore
The introduction of the Fully Accessible Route category of government bonds has been cited by JP Morgan and Bloomberg as a major reason for including Indian sovereign debt in their bond indices. The RBI had introduced the category in 2020. Only FAR bonds are eligible for inclusion in the global bond indices
The Kerala High Court has taken suo motu action concerning landslides in Wayanad on July 30, causing 226 fatalities and many displacements. The court's bench ordered the registration of a case following media reports. Officials have confirmed 226 deaths, with 138 individuals still unaccounted for, according to recent local administration data.
Among the Republicans, those who identify themselves as the ‘MAGA’ or Make America Great Again movement, are twice as likely to believe Donald Trump made a “perfect choice” in picking the Ohio senator JD Vance as his running mate in the US Presidential Election 2024.
Jindal Steel and Power Ltd (JSPL) has successfully diversified its coking coal supply, reducing its reliance on Australia by more than half. This strategic decision is expected to cut manufacturing costs and enhance supply chain efficiency. The company plans to continue diversifying its coking coal sources in the coming months.
British meal delivery company Deliveroo achieved positive net profit and free cash flow in the first half, leading to a 9% increase in its shares. CEO Will Shu highlighted strong performance and growth. The company also announced plans for a stock buyback, enhanced its loyalty program, and revised its earnings forecast upward.
