The Tis Hazari Court requested a response on Bibhav Kumar's plea for pagination of the charge sheet related to the Swati Maliwal assault case. Kumar remains in custody until September 13. The charge sheet includes multiple sections, and prior bail applications were denied by lower and High Court.
The lawsuit, filed alongside attorneys general in states including North Carolina and California, alleges that RealPage is violating antitrust laws through its algorithm that landlords use to get recommended rental prices for apartments. In a statement, RealPage said the Justice Department's claims were "devoid of merit and will do nothing to make housing more affordable."
Shikhar Dhawan, a prominent Indian cricket opener, announced his retirement. Tributes followed from players like Virender Sehwag and Gautam Gambhir, saluting his celebrated career. Dhawan played 34 Tests, 167 ODIs, and 68 T20Is, known for his big-tournament performances and contributions to India's Champions Trophy win in 2013.
The 10th edition of the 'Mitra Shakti' exercise between India and Sri Lanka's militaries concluded after two weeks in Maduru Oya. Designed to boost interoperability and mutual understanding, the exercises focused on tackling transnational terrorism and joint tactical operations. Upgraded to bi-service level, the drill highlighted enhanced defense cooperation and aligned with India's regional security policies.
In the IT sector, TCS is a noteworthy focus. We anticipate a continuation of its rally and expect it to reach higher levels, making TCS an appealing option. Our target price for TCS is around 4650 on the upside. For those considering a long position, a stop loss of approximately 4390 is recommended, says Rajesh Palviya, Axis Securities
The Sri Lankan Navy detained 11 Indian fishermen and one boat for maritime violations, leading Tamil Nadu Chief Minister M K Stalin to request intervention from the Centre. Stalin wrote to External Affairs Minister S Jaishankar, highlighting the recurrent nature of these arrests, with 324 fishermen and 44 boats seized in 2024 alone. He called for swift diplomatic action to secure the release of the fishermen and their boats.
“Markets have demonstrated remarkable resilience, with each dip being met with buying interest. Geopolitical tensions and concerns about the Yen carry trade have eased somewhat, contributing to a global market rebound. The overall setup is bullish with Nifty forming a Higher-top Higher-bottom pattern for the past 3 weeks. If Nifty surpasses 24,940, it could potentially advance towards 25,150-25,200 levels in the short term.”
Sukhpal Singh and his Japanese son Rin Takahata reunited after 20 years when Rin, inspired by a college assignment, traced his father to Amritsar, India. Rin was welcomed warmly by Sukhpal and his current family. The reunion was particularly emotional, coinciding with the Raksha Bandhan celebration, marking the start of new familial bonds.
India's textile industry was expected to reach USD 65 billion in exports by FY26, with the domestic market projected to grow to USD 350 billion by 2030. Government incentives and a robust FDI outlined the growth plan. The industry provided jobs to millions and became a key player in technical textiles and PPE manufacturing. Competitive production costs and skilled labor further bolstered the sector.
Once again there is a narrative on the street that small caps are overpriced. Is there anything wrong with that narrative? The answer is No. Out of the total universe of smallcap stocks listed on the exchanges, maybe 90 % are overpriced. But a distinction needs to be made between a stock being overpriced and bad business. A situation of an overpriced stock gets corrected as the earnings move up, but a bad business cannot be set right. So, when buying a smallcap, focus on the underlying business and... Читать дальше...
Uttarakhand CM Pushkar Singh Dhami criticized Congress for allying with the National Conference for the upcoming Jammu and Kashmir Assembly elections, accusing them of supporting terrorism and separatism. He questioned Congress leader Rahul Gandhi on their stance regarding a separate flag and Pakistan dialogue.
The report also added that this ongoing decline is adding to the structural challenges faced by various annual surveys and data sets, including the Periodic Labour Force Survey (PLFS), the Annual Survey of Unregistered Enterprises (ASUSE), the Reserve Bank of India's KLEMS data, and the Household Consumer Expenditure Survey (HCES).
Baazar Style Retail, supported by Rekha Jhunjhunwala, opened its IPO for the public from August 30 to September 3, featuring fresh issues and share sales worth up to Rs 148 crore. The IPO proceeds will address borrowings and general corporate purposes.
BJP leader Devender Singh Rana stated the party would protect reservations for backward classes after Article 370's abrogation, accusing the Congress-National Conference alliance of undermining these rights. He alleged they planned to rename sacred sites, pledging BJP's dedication to upholding constitutional protections for affected communities.
Following the fall of Sheikh Hasina's government in Bangladesh, the Dhakeswari Temple in Dhaka was safeguarded by Hindus, Muslims, and others. The temple continues to be a symbol of religious harmony, welcoming visitors from all faiths. Security has been strengthened under the interim government, ensuring a steady return to normalcy for the community.
P R Sreejesh, the former Indian hockey team goalkeeper, has taken up the role of coaching the junior team following his retirement. He stressed the importance of challenging players rather than pampering them. Sreejesh reflected on India's missed gold opportunity in Paris and the significance of his Tokyo bronze medal. He aims to maintain pressure and proper documentation in his coaching approach.
The BSE has scheduled 15 trading holidays for 2024, with 11 already observed. The next closure is on October 2nd for Gandhi Jayanti. November will see two closures, including Diwali on November 1st, followed by Muhurat Trading. Finally, markets will be closed on December 25th for Christmas.
While the annuity market in India is still in its early stages, insurers believe it holds long-term growth potential. With rising life expectancy and higher income levels, the demand for annuity products is expected to soar.
A report by Jefferies suggests that the health insurance sector in India may face challenges due to rising claims and increased competition, particularly in the retail sector. The report also highlights India's non-life insurance sector experiencing significant shifts, with healthcare costs rising and more consumers claiming insurance. This could squeeze margins and put pressure on insurers to manage costs while remaining competitive.
Mayawati, BSP chief, accused the Samajwadi Party and Congress of being silent on the Supreme Court's August 1 decision on sub-classification within SC/ST reservations. She claimed their silence is anti-reservation and emphasized the need for SC/ST and OBC communities to independently fight for reservation protections and rights.
Former Pentagon spy Luis Elizondo claimed that the US government has known about extraterrestrial life for decades, citing the 1947 Roswell crash. His assertions have prompted diverse reactions, from belief to skepticism. Elizondo first gained attention in 2017 for discussing military secrecy on UFOs. His recent statements have reignited public interest and debate over the existence of alien life, fueling ongoing discussions within the community.
