India's benchmark indices Sensex and Nifty50 hit new record highs, driven by gains in financial and IT stocks, and Reliance Industries' plans to accelerate AI adoption and issue bonus shares. Analysts expect Nifty to continue its upward momentum towards 25,250, with crucial support at 25,000.
The Railway Board's decision to form a committee aimed at improving train controllers' working conditions is seen as a significant step forward. Issues like pay scale, vacancies, and excessive work pressure have been raised. This move is expected to enhance the efficiency and safety of train operations in the Indian Railways.
US Vice President Kamala Harris will give her first interview since becoming the Democratic nominee for president alongside running mate Tim Walz on CNN. The interview, set in Georgia, marks a significant point in the campaign leading up to Election Day. Harris has faced criticism for not addressing tough questions earlier. The 2024 election continues to break traditional norms.
The University of Southampton has become the first UK university to receive a licence from the Indian government to establish a campus in India. This move will enhance research collaboration, teaching partnerships, and student mobility between the two nations, boosting educational and economic ties.
The finance ministry has clarified that there are no restrictions for LGBTQ individuals to open joint bank accounts or nominate partners in a queer relationship as nominees. This advisory follows a Supreme Court order from October 2023. The Reserve Bank of India has also issued guidance to all banks on this matter.
The Trinamool Congress allocated Rs 75 lakh each to 48 candidates, including key figures Abhishek Banerjee, Mahua Moitra, and Shatrughan Sinha, for the recent Lok Sabha elections. Their total expenditure reached Rs 3.60 crore. The Aam Aadmi Party provided over Rs 60 lakh to three candidates, while AIMIM gave Rs 52 lakh to its president Asaduddin Owaisi.
The Indian tablet PC market saw significant growth, more than doubling its shipments to 1.84 million units in Q2 2024, according to IDC. Samsung led with a 48.7% share, followed by Acer, Apple, Lenovo, and Xiaomi. The slate tablet market grew by 178.1%, and the detachable segment saw a 23.6% increase.
The Railway Board has approved the re-engagement of retired Railway officers as consultants to fill vacant posts up to December 31, 2026. This policy aims to address the shortage of Gazetted Officers across Zonal Railways. The re-engaged officers will receive a fixed monthly remuneration and will not be entitled to HRA or residential accommodation.
India and China held their 31st meeting of the Working Mechanism for Consultation & Coordination on India-China Border Affairs in Beijing. Representatives from both countries discussed the situation along the Line of Actual Control to narrow differences and resolve outstanding issues. They agreed to maintain peace and tranquility in the border areas, in line with bilateral agreements, as a step to normalise relations.
India's External Affairs Minister S Jaishankar announced that the University of Southampton will establish a campus in India under NEP 2020. He highlighted education as crucial for global engagement. The initiative aims to elevate India's educational standards and attract global talent, fostering knowledge exchange and preparing Indian youths for the global workforce.
Ola Electric has announced that its products will be available on the ONDC network starting next week. CEO Bhavish Aggarwal highlighted that now anyone with a shop can sell Ola Electric products, instead of just company-owned stores or exclusive dealerships. The company has also reported increased Q1 revenue despite wider losses.
Starting November 1, 2024, the Union government will lift the cap on sugar diversion for ethanol production, allowing the use of cane juice, syrup, and various molasses types. Additionally, distilleries can now purchase up to 2.3 million metric tons of rice from the Food Corporation of India for ethanol. This policy aims to boost renewable energy while maintaining stable sugar availability. The Department of Food and Public Distribution and the Ministry of Petroleum and Natural Gas will oversee the impact on sugar supplies.
Megan Thee Stallion will host the 2024 MTV VMAs, with Taylor Swift topping the nominations. In addition to performing, Katy Perry will accept the Video Vanguard Award. Voting is now open to fans in a number of categories, and it will soon be over.
Indian benchmark equity indices hit new record highs on Thursday, driven by gains in RIL, financial, and IT stocks. Analysts see Nifty’s short-term uptrend positive, with potential upside targets around 25,360-25,400.
India's second nuclear-powered ballistic missile submarine, INS Arighaat, has been commissioned into the Navy in Visakhapatnam. Defence Minister Rajnath Singh attended the ceremony, expressing confidence that the new addition will enhance the country's nuclear triad and provide greater nuclear deterrence and strategic balance, contributing decisively to national security.
Heartstopper Season 3 release date, episode details are out and fans have an update about titles of these episodes.
There are neither treatments nor preventative vaccines available for sloth fever. Experts say that avoiding mosquito and midge bites is the best form of prevention as of now.
The Reserve Bank of India is expected to release final guidelines soon on provisioning and accounting norms for project finance. Discussions are also ongoing for Expected Credit Loss guidelines. The RBI aims to implement new provisions at 5% in phases, addressing concerns from stakeholders about the increased costs for banks and borrowers.
The government has received about Rs 5,091 crore from Indian Oil Corp as dividend, the Department of Investment and Public Asset Management (DIPAM) said on Thursday.
Director Matt Reeves has provided new details about The Batman - Part II. While James Gunn's DC Universe will introduce a new Batman in The Brave and the Bold, Reeves' Batman universe will continue to flourish under the DC Elseworlds brand.
State-owned NHPC has received shareholders nod to raise its borrowing limit to Rs 50,000 crore in its annual general meeting held on Wednesday.
The UK has secured its accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a significant free trade bloc. Peru's ratification was the final step, with the UK set to officially join in December. The agreement could boost the UK economy by GBP 2 billion annually.
The violence erupted during a student-led movement against public sector job quotas, which later intensified into an uprising against Prime Minister Sheikh Hasina, who resigned and fled to India on Aug. 5 moments before her residence was stormed by hundreds of protesters.
Uttar Pradesh Chief Minister Yogi Adityanath criticized the Samajwadi Party (SP) for inciting anarchy and corruption, highlighting incidents from Kanpur and Ayodhya. He emphasized the state's transformation under BJP rule since 2017, pointing to improved law and order, job creation, and significant industrial investment. He appealed to voters to support BJP for continued development.
The pure-play microfinance lenders categorized as NBFC-MFIs saw nearly 12% less debt funding in the first quarter, according to MFIN data. Lower disbursements and external factors have worsened portfolio quality, while the total assets under management grew 23% year-on-year, but dipped slightly compared to the previous quarter.
