Photos and videos of actor Darshan inside Bengaluru's Central Prison with a notorious rowdy prompted an inquiry. Darshan, arrested for his fan's murder, was seen in an open area with a cigarette and mugs. Smoking is banned in prison, raising concerns of rule violations. An investigation is underway.
President Joe Biden in May announced a quadrupling of tariffs on Chinese electric vehicles to 100%, a doubling of duties on semiconductors and solar cells to 50%, as well as new 25% tariffs on lithium-ion batteries and other strategic goods including steel to shield U.S. firms from Chinese excess production.
A total of 3,364 shares changed hands on the counter till 10:30AM (IST).
Apollo Hospital, UltraTech Cem., BPCL, Grasim Inds. and Eicher Motors were among the top losers on NSE.
Janmashtami bank holiday: Banks are closed in a few states today, August 26, in observance of Krishna Janmashtami. So, bank customers need to check if there's a holiday in their state.
Zydus Lifesciences Share Price: Zydus Lifesciences' shares fell 6% to Rs 1,109 after acquiring a 50% stake in Sterling Biotech for Rs 550 crore. Analysts maintain neutral ratings with target prices of Rs 1,020 and Rs 1,210.
RBI Governor Shaktikanta Das announced that the Reserve Bank of India is piloting the Unified Lending Interface (ULI) to enable frictionless credit. The platform is expected to be launched nationwide soon. This development was disclosed at the Global Conference on Digital Public Infrastructure and Emerging Technologies in Bangalore during the RBI@90 initiative.
As of 30-Jun-2024, promoters held 0.0 per cent stake in the company, while FIIs held 34.36 per cent and domestic institutional investors had 42.31 per cent.
The Nifty Bank index was trading 0.68 per cent up at 51277.75.
Mutual funds in the banks & financial services and technology sectors have posted strong returns over the past three months. Banking funds were driven by financial services companies while tech funds benefited from high demand for IT services. Experts suggest cautious investment in these volatile sectors, with a positive long-term outlook despite potential near-term challenges.
The Nifty Realty index was trading 0.2 per cent up at 1020.1.
Netanyahu has tried to allay concerns by saying the economic damage is only temporary. But the bloodiest, most destructive war ever between Israel and Hamas has hurt thousands of small businesses and compromised international trust in an economy once thought of as an entrepreneurial dynamo. Some leading economists say a cease-fire is the best way to stop the damage.
Further, the US Fed is of the view that it is an appropriate time to adjust its policy, as over the longer-term, the US inflation rate could further ease towards the 2% mark.
The Bharatiya Janata Party (BJP) announced its first list of candidates for the Jammu and Kashmir assembly elections, featuring 19 individuals. Notable names include Er. Syed Showkat Gayoor Andrabi and Mohd. Rafiq Wani. The elections will occur over three phases starting September 18, with results declared on October 4, marking a significant event post-Article 370 abrogation.
Discover unique and modern baby boy names inspired by Lord Krishna for Janmashtami 2024. From "Viaansh" to "Karnish," find the perfect name that blends tradition with a contemporary twist, honoring Krishna's divine essence.
Kamala Harris, the US Vice President and 2024 Presidential candidate, became stepmother to Ella and Cole Emhoff in 2014 after marrying Doug Emhoff. Ella is a noted fashion designer, and Cole, who works at a production company, recently married. Known as 'Momala' by her stepchildren, Harris’ family life adds depth to her public persona.
A total of 11,391 shares changed hands on the counter till 10:14AM (IST)
Uma Exports, Oriental Trimex, Kothari Petro, Nagreeka Export and Syncom Form, hit their fresh 52-week highs at 10:14AM.
India has tried to keep pace with the global artificial intelligence frenzy in the nearly two years since ChatGPT launched, but chatbots have often been limited by a lack of data on many of the country’s languages. Many who live in big cities can type prompts to a chatbot in English, but most of India lacks the language skills to do so.
Market expert Ajay Bagga noted that Fed Chairman Jerome Powell reassured the market by signaling readiness to cut rates due to labor market concerns. With rate cuts almost certain by September, bond yields dropped, stocks rose, the dollar weakened, and gold prices increased. This was expected amid the substantial fiscal deficit buffering economic errors.
A total of 8,036 shares changed hands on the counter till 10:10AM (IST)
So, I understand they have room to cut, but I think broadly, all they have is about 150 basis points, that is all there is on the table. Now, my sense is they will take next six meetings to do a 25 basis point each if the data continues to be favourable and stop somewhere at maybe 3, 3.5, so that is broadly the best the market can expect. We are not going back to zero days and I think there are a lot of reasons that we can discuss about.
The 30-share BSE Sensex was up 524.13 points at 81610.34
On August 23, five NSE F&O stocks saw a notable rise in futures open interest, up over 10% from the previous trade, indicating growing market activity.
A DIMTS cluster bus caught fire on Zakhira flyover in Delhi on Sunday, leading to an emergency response by the Delhi Fire Services. Fortunately, all passengers escaped without injury. Traffic was diverted and commuters were advised to avoid the area. The cause of the fire remains unknown, and further investigations are underway.
