Heavy rains in Andhra Pradesh have caused severe waterlogging and flood-like conditions in Vijayawada. Chief Minister N Chandrababu Naidu is monitoring the situation, with 110 boats providing food and medical aid. Command centers are being established, and officials are on the ground assisting flood victims. More thunderstorms are expected in the coming days.
After the GST collection for the August showed a month-on-month decline in growth terms, the economic experts pointed out that the decline on month-on-month growth basis is not an appropriate way of looking at the numbers in view of the buoyancy in both direct and indirect taxes.
Following the strong rally in Federal Bank, Axis Securities reiterated its rating on the bank with a target price of Rs 230, indicating an upside potential of 18% from the current market price of Rs 195.
A total of 8,973 shares changed hands on the counter till 10:25AM (IST).
Maruti Suzuki has reduced the prices of two models, the S-Presso LXI Petrol and the Alto K10 VXI Petrol, due to inventory concerns in the automobile industry.
Following the sale of a 5.83% stake by promoter Rakesh Gangwal, global indices have increased IndiGo's weightage, predicting notable inflows. After the sell-off, Gangwal's stake in IndiGo decreased significantly. The airline is expanding operations and introducing business class seats by November and wide-body planes by 2027.
The Nifty Pharma index was trading 0.39 per cent down at 23126.1.
A total of 7,222 shares changed hands on the counter till 10:20AM (IST)
Researchers at Seattle University have identified a new form of sexual attraction called 'symbiosexuality'. This refers to being attracted to the energy and dynamics shared within a couple's relationship rather than to individuals. The study aims to shed light on this evolving sexual identity and reduce stigma across different communities.
Telangana Minister Ponguleti Srinivasa Reddy announced the closure of all schools in heavy rain-affected areas in Hyderabad to ensure children's safety. The District Collector's office confirmed the decision applies to primary and secondary schools for Monday. Prime Minister Modi has assured assistance and discussed the flood situation with the Telangana Chief Minister.
The rupee declined 3 paise to 83.88 against the US dollar amid fluctuating crude oil prices. Positive domestic equities, foreign fund inflow, and a weak greenback limited the fall. Sensex and Nifty hit all-time highs. GST collections and forex reserves have grown, while the fiscal deficit has reached 17.2% of the annual target.
Founder Abhishek Goel says their tools understand the intricacies of academic writing, ensuring precise language corrections without changing references, equations, technical terminologies.
Thulasimathi Murugesan reached the women's singles SU5 badminton final at the Paralympics, defeating fellow Indian Manisha Ramadass. Murugesan, from Tamil Nadu, secured a 23-21, 21-17 victory. She will face China's Yang Qiuxia in the final. Murugesan has previously won three medals at the 2022 Para Asian Games despite challenges from a congenital deformity and an accident.
Recent events in West Bengal have seen protests and unrest following the rape and murder of a junior doctor, with two additional cases of alleged molestation of minor girls surfacing in North 24 Parganas and Howrah district. Police have arrested the accused, and local authorities are under scrutiny for their responses.
Bangladesh's interim government is seeking to revive talks with India on the Teesta water-sharing treaty. Adviser Syeda Rizwana Hasan expressed hope for an amicable resolution but hinted at considering international legal principles if talks fail. She emphasised the need for early warning mechanisms for floods and bilateral cooperation.
The 30-share BSE Sensex was up 228.37 points at 82594.14
Ace investor Ashish Kacholia's portfolio of 38 stocks boasts impressive results, with five multibaggers showing significant growth in the April-June quarter. NIIT achieved the highest PAT increase of 222%, while Garware Hi-Tech Films reported a 102% rise. Other strong performers included Raghav Productivity Enhancers, Aditya Vision, and Gravita India.
Vanraj Andekar, a former corporator linked to Ajit Pawar's NCP, was attacked and killed near Nana Peth, Pune, by unidentified assailants. The attackers fired five rounds and used long-blade sickles. Three suspects have been detained, with ongoing investigations by Pune's crime branch to determine the motive behind the brutal crime.
In Bahraich, Uttar Pradesh, a wolf attack led to the death of a three-year-old girl and injuries to two women, sparking widespread frustration among local residents. Despite ongoing efforts in 'Operation Bhediya,' which has successfully captured some wolves, the community criticizes the administration's response and the perceived inadequacy of safety measures.
Former Hurriyat member Syed Salim Geelani has joined Mehbooba Mufti's People's Democratic Party, which promotes dialogue for resolving the Kashmir issue. Mufti highlighted that discussions with Hurriyat leaders are welcomed. The first assembly elections since the abrogation of Article 370 will be held in three phases starting September 18, with vote counting on October 8.
Tata Technologies Ltd., incorporated in the year 1994, is a Small Cap company (having a market cap of Rs 43509.98 Crore) operating in General sector.
Decades of progress in lifting up with world's poorest in imperilled now that western countries are turning increasingly protectionist.
Adrian Mowat discusses the potential boost for emerging markets from a weakening US dollar and the US Federal Reserve's shift to a neutral policy. He highlights the impact of US economic data on interest rates and cautions on China's manufacturing challenges. Emerging markets might benefit if the Fed cuts rates, enhancing performance over developed markets.
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