Nifty gained 84 points on Friday, forming a rounding bottom pattern suggesting strength. Analysts expect the index to rise towards 25,500 and potentially 26,000-26,250 if it sustains above 25,500. Support is at 24,950; a 'buy on dips' strategy is recommended.
The Indian government is implementing a 'One Nation, One Policy' approach for organ donation and transplantation. This includes enhancing infrastructure and trained personnel, especially in government institutions. A national awareness campaign titled 'Angdaan Jan Jagrukta Abhiyaan' has been launched to promote deceased organ donations across various states and institutions.
The Indian Army has embarked on a comprehensive modernisation journey, marked by significant enhancements in digital initiatives, operational efficiency, and military training. Over the past year, key upgrades have included advanced surveillance systems, streamlined logistics, and a focus on cutting-edge warfare technologies. With the aim of achieving Vision 2047, the Army is transforming into a technologically advanced, agile, and self-reliant force. The ongoing efforts reflect a commitment to adapting... Читать дальше...
As of July 2024, the Union Government has received a total of ₹10,23,406 crore, accounting for 31.9% of the Budget Estimates (BE) for 2024-25. This includes ₹7,15,224 crore in tax revenue, ₹3,01,796 crore in non-tax revenue, and ₹6,386 crore in non-debt capital receipts. The total expenditure for the same period stood at ₹13,00,351 crore, representing 27% of the BE, with significant allocations to revenue and capital accounts.
Capital market regulator Sebi has granted its approval to Hinduja Group firm IndusInd International Holdings for the acquisition of Invesco AMC's portfolio management services business.
Tata Motors, RIL, Tech Mahindra, ITC and Coal India Ltd were among the top losers on NSE in today's trade.
The Bihar government plans to construct barrages on rivers in six northern districts to mitigate recurring floods. This initiative, supported by the Centre with Rs 11,500 crore, aims to manage multiple rivers and includes projects like Kosi-Mechi inter-linking for improved irrigation in Seemanchal.
Omar Abdullah, National Conference vice president, acknowledged the difficulty in forming a pre-poll alliance with Congress for the Jammu and Kashmir polls, as it required sacrificing winnable seats. He emphasized that this collaboration aims to restore rights for the region's people and defeat the BJP. Abdullah also pledged to revoke the Public Safety Act if NC is elected.
The Nifty Realty index closed 1.83 per cent up at 1053.4.
Hindustan Aeronautics Limited (HAL) and SAFHAL Helicopter Engines Pvt. Ltd. have signed a contract for the joint design, development, and production of high-power helicopter engines named 'Aravalli'. These engines will be used in the Indian Multi-Role Helicopter (IMRH) and the Deck-Based Multi-Role Helicopter (DBMRH) being developed by HAL. This partnership aims to bolster India's self-reliance in aerospace and defense technologies.
Credvest has launched Parking Capital, a new proptech platform offering asset-backed investments to a wider audience. This service allows developers to receive essential capital for land acquisition and provides investors with the opportunity to earn passive income through real estate bonds with flexible interest payout options.
The Nifty Bank index closed 0.39 per cent up at 51351.0.
Ted Lasso season 4 on Apple TV+ is hogging all the limelight on the social media. When will the Emmy-winning show release on Apple TV Plus.
India's Forex reserves have risen by $7.02 billion to $681 billion as of August 23, according to the Reserve Bank of India. This follows a previous increase of $4.54 billion, bringing reserves to $674.66 billion on August 16. The RBI intervenes in the market to prevent excessive volatility in the rupee's exchange rate.
India will commission its third nuclear-powered ballistic missile submarine, INS Aridhaman, within six months, after inducting the second SSBN, INS Arighaat, into the Strategic Forces Command. This enhancement in India's naval capabilities aims to bolster its sea-based nuclear deterrent amid military tensions with China.
The Nifty Auto index closed 0.59 per cent up at 26172.8.
India's core sector output grew by 6.1 per cent in July, down from 8.5 per cent a year ago. Growth was seen in steel, electricity, coal, refinery products, cement, and fertilizers. However, crude oil and natural gas production declined. The cumulative growth from April to July 2024 stood at 6.1 per cent compared to last year.
Gujarat faced significant waterlogging issues as swollen rivers led to submerged towns and villages. The India Meteorological Department (IMD) has warned of a potential cyclonic storm in the Kutch region. Relief efforts are ongoing, with some areas already seeing improvements as water levels decrease. Authorities continue to manage the aftermath and assist affected residents, aiming to restore normalcy soon.
The 30-share BSE Sensex closed up 231.16 points at 82365.77
A Delhi court has ordered the frame of murder charges and other offences against Congress leader Jagdish Tytler related to the 1984 anti-Sikh riots, where three people were allegedly killed. The judge cited sufficient evidence to proceed with the trial. The matter is set for formal charge framing on September 13.
Nala, a Siamese-Tabby from California, is the world’s richest cat with a $100 million net worth, thanks to her social media fame, brand deals, and merchandise.
Cashew and almond prices have surged significantly over the past four months, with cashews rising up to 80% and almonds over 15%. Reduced imports and increased local consumption are key factors. Industry leaders expect prices to continue rising until Diwali, but anticipate strong demand despite higher costs.
