Indian markets posted modest gains on Wednesday, driven by consumer stocks, though a decline in financials weighed on benchmark indices. The short-term trend for the Nifty remains positive with range-bound movement.
"Squid Game: Unleashed" video game on Netflix is set to be released for iOS and Android users. Squid Game season 2 is also coming soon.
The Revenue Secretary announced that the income tax department processed almost 4 crore income tax returns for AY 2024-25 within 15 days. By July-end, 7.28 crore returns had been filed, with 4.98 crore processed. Over the last decade, direct tax revenues increased to Rs 20 lakh crore, and the tax-to-GDP ratio rose to 6 percent.
The IPO consists of two parts: a fresh issue of equity shares aiming to raise up to Rs 1,291 crore, and an offer for sale (OFS) where existing shareholders will offload up to 3.42 crore shares. Under the OFS, South Asia Growth Fund II Holdings LLC will sell the majority of shares, with South Asia EBT Trust and promoter Chiranjeev Singh Saluja also contributing to the sale.
The NCLAT asked SKS Power Generation's resolution professional to present communication with Sarda Energy about their resolution plan after concerns from Torrent Power and Vantage Point Asset Management. Both firms contested Sarda's selection, citing altered commercial terms. The CoC denied any bias, confirmed receiving funds from Sarda, and defended the decision process.
Karnataka Bank and Navi Technologies launched credit lines on UPI under NPCI's initiative. Initially targeting a closed group of pre-qualified users, the product offers short-term monthly loans. The bank plans to expand its offerings to include EMI facilities and working capital credit based on customer feedback, aiming to provide secure and convenient credit access.
Time magazine is laying off 22 workers in its editorial, technology, sales, and marketing departments due to issues with dwindling ad budgets, shifting consumer preferences, and unstable economic conditions.
The study revealed that active debt funds saw net inflows of around Rs 1.63 lakh crore in Q1FY25, the highest among all categories. The mutual fund industry as a whole recorded net inflows of approximately Rs 3.25 lakh crore during the April–June quarter, with active equity leading at Rs 2.80 lakh crore, followed by passive equity at Rs 45,000 crore.
Bangladesh's interim government spokesperson reported that while the situation is stabilizing, challenges remain. He stressed the importance of free and fair elections following deeper reforms. The update follows the ousting of Prime Minister Sheikh Hasina on August 5, 2024, with Muhammad Yunus appointed as Chief Advisor amid ongoing unrest and attacks on minority groups.
Vijay Kumar was one of the two 'rebel' candidates, who had filed a nomination for the post of deputy mayor against the party's choice earlier in April. Kumar had later also accused the AAP of pressurising him to withdraw the nomination. AAP councillor Narendra Kumar from Manglapuri ward had also filed his nomination for the post.
The Foundation for a Historical and Cultural Research (FIHCR) led by historian Vikram Sampath introduces the Sir Jadunath Sarkar Fellowship for Indian History to support emerging scholars and promote fresh perspectives on India's rich past. The fellowship covers ancient, medieval, modern Indian history, the freedom movement, and post-Independence history, with grants of Rs 15 lakh. Eight scholars have been selected from 19 shortlisted candidates for the inaugural batch.
Many Indians seeking high-paying jobs abroad found themselves trapped in cyber crime operations in Southeast Asia, particularly in Cambodia. These scams, orchestrated by Chinese nationals, involved victims being forced to carry out online frauds targeting the Indian population. The Indian government has been collaborating with local authorities to rescue trapped individuals. Job seekers are advised to thoroughly verify potential employers before accepting any offers. Victims typically came across... Читать дальше...
The Government signed a USD 500 million loan package with the Asian Development Bank to enhance tertiary health care and medical education in Maharashtra. The project includes establishing four medical colleges with climate and disaster-resilient features in under-served districts, increasing bed capacity in government hospitals, and hiring 500 new doctors. ADB aims to improve the quality of healthcare, reduce out-of-pocket expenses, and create policy actions for recruiting and retaining quality medical staff.
The Joint Committee on the Waqf (Amendment) Bill convened its first session, consulting ministries of minority affairs and law. Led by BJP's Jagdambika Pal, the 31-member panel reviewed the bill's proposed changes, including a central Waqf registration portal and assigning district collectors to classify properties. The bill has faced opposition protests.
TRAI alerted citizens about fraudulent calls threatening mobile disconnection, claiming to be from them. It clarified it does not contact users about disconnections and advised cross-verifying with telecom providers. Suspected scams should be reported via the Chakshu facility on the Sanchar Saathi platform to prevent misuse and fraud.
The State Government enhanced security measures for Governor Thawarchand Gehlot after Congress workers protested his decision to sanction prosecution against Chief Minister Siddaramaiah on land allotment charges. The Governor began using a bulletproof vehicle and canceled some public appearances. Senior Congress leaders have strongly condemned the Governor, and MLC Ivan D’Souza issued severe warnings of intense protests.
Chief Minister Siddaramaiah will chair the Congress Legislature Party (CLP) to discuss the recent developments following the Governor's sanction to prosecute him in a case involving allotment of plots to his family in Mysuru. The meeting will focus on countering the BJP's campaign against him and the party. Sources indicate that the CLP aims to reassure Siddaramaiah's MLA colleagues of their support and boost his confidence to tackle opposition parties more aggressively. The Cabinet may also convene... Читать дальше...
Regular eating of meat, especially red and processed meat, has been associated in a recent study with an increased risk of type 2 diabetes. The study also emphasizes the consequences of expanding meat consumption and the growing worry about diabetes worldwide.
The two political figures exchanged harsh words against each other over a mining lease Kumaraswamy is alleged to have approved as CM in 2007 in favour of Sri Sai Venkateshwara Minerals in Sandur in Ballari district. The Lokayukta special investigation team (SIT), which has completed investigations into the case, has submitted a second request to the Governor Thawarchand Gehlot seeking permission to file charges against the JDS leader.
Wall Street's main indexes opened marginally higher on Wednesday, as investors awaited the release of the updated U.S. payrolls data and the minutes from the Federal Reserve's July policy meeting.
Over 65 lakh students nationwide did not pass class 10 and 12 board exams last year, with state boards showing a higher failure rate than the central board. An analysis of results from 59 school boards revealed more girls taking class 12 exams in government schools but fewer in private and government-aided schools. Student failure rates were significantly higher in state boards compared to the central board, impacting retention rates and Gross Enrolment Ratio at the higher secondary level.
In July, gem and jewellery exports fell by 21.93% to USD 1,665.4 million, mainly due to decreased demand from key markets like the US and China. Despite this downturn, the India International Jewellery Show 2024 generated business worth USD 12 billion, showcasing increased interest in gold jewellery.
In July, gem and jewellery exports fell by 21.93% to USD 1,665.4 million, mainly due to decreased demand from key markets like the US and China. Despite this downturn, the India International Jewellery Show 2024 generated business worth USD 12 billion, showcasing increased interest in gold jewellery.
