Prime Minister Narendra Modi's visit to Poland is highlighted by discussions with Polish leaders, addressing the Indian diaspora, and honoring historical ties. His visit is the first by an Indian leader in 45 years, coinciding with the 70th anniversary of diplomatic relations. Modi also announced a new social security agreement between both nations.
A total of 16,917 shares changed hands on the counter till 01:45PM (IST).
An internal committee of the Income Tax Department will review the Income Tax Act of 1961 to streamline and update it by removing outdated clauses and adopting global best practices, according to CBDT chief Ravi Agrawal. The committee, formed of IT officials nationwide, aims to simplify the law for better taxpayer compliance. This review, part of a central government initiative, is expected to be completed within six months. Agrawal also emphasized improving communication with taxpayers to reduce misunderstandings and disputes.
The retail sector rose to the top, boosted by a 5.3% gain in JD Sports after the British sportswear retailer reported an improvement in second-quarter underlying sales growth
The Supreme Court of India, led by Chief Justice DY Chandrachud, addressed arguments regarding the presence of 151 mg of semen in the victim's body during a hearing on the alleged rape and murder of a postgraduate student at RG Kar Medical College and Hospital, Kolkata. This hearing took place on Thursday.
A total of 5,858 shares changed hands on the counter till 01:39PM (IST).
India Inc. experienced a sharp slowdown in employment growth in FY24, with a mere 1.5% increase compared to 5.7% in FY23, according to a Bank of Baroda report. Only 90,840 jobs were added in FY24, down from 333,000 in the previous year. By March 2024, total employment across 1,196 companies reached 6.25 million, indicating a cautious approach by businesses amid economic uncertainty.
The market was cautious ahead of the remarks by the Bank of Japan Governor (Kazuo) Ueda as well as Federal Reserve Chair (Jerome) Powell later this week," said Shuutarou Yasuda, a market analyst at Tokai Tokyo Intelligence Laboratory
The demand was driven by retail investors, whose category was subscribed 19 times. The NII portion of the issue was booked 13 times. There were just 5% bids from QIB investors
The insights by ICRA indicate a temporary slowdown in India's economic growth, with several sectors witnessing a downturn influenced by government actions, urban consumer sentiment, and weather conditions, but project a recovery in the latter half of the fiscal year.
A total of 68,089 shares changed hands on the counter till 01:34PM (IST)
Once a darling of global investors, valued at $22 billion in 2022, Byju's became popular by offering online training courses during the COVID-19 pandemic, but is now locked in a dispute with US lenders seeking $1 billion in unpaid dues.
Union Home Minister Amit Shah assured Tripura Chief Minister Manik Saha of full support from the Central government in response to severe flooding in the state. Shah announced the deployment of National Disaster Response Force (NDRF) teams, along with boats and helicopters, to aid in relief and rescue efforts.
A 90-foot-tall bronze statue of Lord Hanuman, known as the 'Statue of Union,' has been unveiled near Houston at the Sri Ashtalakshmi Temple, marking a significant cultural and spiritual milestone in America. This third tallest statue in the US symbolizes selflessness, devotion, and unity, and was inaugurated during a grand ceremony attended by numerous devotees.
Promoters held 51.14 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 17.43 per cent and 16.08 per cent, respectively.
Congress chief Mallikarjun Kharge expressed willingness to ally with opposition parties for the upcoming Jammu and Kashmir assembly polls, criticizing BJP's unfulfilled promises. Alongside Rahul Gandhi, Kharge engaged with local Congress leaders for feedback. The assembly polls will be conducted in three phases starting September 18, with vote counting on October 4.
The Supreme Court criticized the procedures followed by the Kolkata Police in the investigation of a trainee doctor's rape and murder, calling them improper. Delays in registering the unnatural death and timing discrepancies were highlighted. The court also raised concerns about resident doctors' long working hours, suggesting a review to streamline their schedules.
As of 30-Jun-2024, promoters held 0.0 per cent stake in the company, while FIIs held 8.59 per cent and domestic institutional investors had 3.23 per cent.
Under Secretary of State Uzra Zeya met with Dalai Lama in New York City, emphasizing the United States' continued support for Tibetan human rights and cultural preservation. The gathering highlighted ongoing efforts to address human rights abuses in Tibet and underscored the significance of resuming dialogue with the People's Republic of China.
Travis Kelce, an NFL tight end, and Tim Walz, Kamala Harris's running mate, showcase a new kind of masculine confidence, blending traditional male attributes with emotional openness. Coined as 'Jock Insurance,' their behavior contrasts with past leaders, presenting a progressive, positive masculinity in politics and public life.
On the technical charts, the 200-day moving average of the stock stood at Rs 385.81.
Like nuclear weapons, AI is concentrated in the hands of the few. In AI's case, tech companies and nations. This is a comparison that is not often talked about. As these companies push the boundaries of innovation, a critical question emerges: Are we sacrificing fairness and societal well-being on the altar of progress?
