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cyclone «Asna,» a deep depression over the Arabian Sea, causing heavy rains in Gujarat, is likely to move West-Northwest over the Northeast Arabian sea and away from the Indian Coast during the next 24 hours. Additionally, the IMD stated that the deep depression has been moving at a speed of 14 km per hour with a latitude of 23.6° N and a longitude of 66.4°E, 250 km West of Naliya in Gujarat, 160 km South-South West of Karachi in Pakistan, and 350 km East- Southeast of Pasni in Pakistan. Earlier on Friday, IMD scientist Ramashray Yadav said that Ahmedabad and Gandhinagar would receive light to moderate rains.

The quarterly figure was in line with an ET poll median estimate of 6.85%, slipping from 7.8% in the last quarter of FY24 and 8.3% in the year before. The Reserve Bank of India (RBI) had forecast 7.1% growth for the quarter. However, gross value added, which strips out indirect tax and subsidies, is estimated to have grown 6.8% compared with 6.3% in the preceding quarter. «India was the fastest-growing major economy in the June quarter. Data shows better alignment between demand and supply sides of the economy in the quarter,» said chief economic adviser V Anantha Nageswaran.

fiscal deficit in the first four months of this financial year hit 17.2% of the annual target, against 33.9% a year before, as revenue mop-up soared while expenditure contracted. The performance keeps the government firmly on course to meet its renewed target of containing fiscal deficit at 4.9% of gross domestic product (GDP) in 2024-25, said experts. The Centre aims to reduce the gap further to less than 4.5% of GDP in 2025-26.

Mumbai (Maharashtra): The Special Investigating Team (SIT) probing the sexual assault on two four-year-olds inside their school in Maharashtra's Badlapur has declared two trustees of the school absconding on Friday, police said. The crime branch and cyber police team have been searching for both the Trustees after the SIT registered a case of negligence against the duo and called them to record their statements. Police officials said that the duo are not cooperating with the police in the investigation. Also, when a police team went to the house of both the trustee's they were not found at their homes.

gold medal at stake, the top two — India’s Avani Lekhara and Korea’s Yunri Lee — were tied on points. The pressure was squarely on Lekhara as she was desperately fighting to defend the gold medal she had won in Tokyo. Lee, on the other hand, had peaked at the right time and shot multiple 10.8s to stay neck and neck with the Indian. Under pressure from her opponent, Lekhara fired a 9.9 in her penultimate shot. The Korean took advantage of the Indian’s wobble and fired another fantastic 10.7 to secure a 0.8 advantage going into the final shot. Even the hopeless optimists must have given up on the hope of the gold medal. It seemed the curse of Olympics ‘near misses’ was following India to the Paralympics too. But that’s when sport teaches you a lesson. That it’s not over till it’s over. 10.5 in her final shot for a final score of 249.7 to improve upon her own Paralympic record by 0.1. Now, all eyes were on the Korean. It was her medal to lose. Perhaps the weight of expectations was too much for Lee to bear as she ended up shooting a shocking 6.8 and surrendered the gold. Lekhara was once again the champion, India got its first gold medal in Paris.

The Consumer Financial Protection Bureau is pledging to scrutinize contract for deed lending, a form of alternative or seller financing in which a private seller or investor group comes to a loan agreement with a buyer without many of the typical banki...

Botic van de Zandschulp, 28, currently ranked No. 78 in the world, is no stranger to big upsets. At his peak in August 2022, he reached No. 22 in the rankings, a year where he set new career highs 14 times, ending with a 38-29 record in men’s singles matches.

Mumbai: The all-India House Price Index (HPI) moderated to 3.3 per cent in the June quarter of 2024-25 from 5.1 per cent in the year-ago period, according to data released by the Reserve Bank of India on Friday. The RBI releases HPI-based on transaction-level data received from the registration authorities in 10 major cities. The cities are Ahmedabad, Bengaluru, Chennai, Delhi, Jaipur, Kanpur, Kochi, Kolkata, Lucknow and Mumbai. «All-India HPI increased by 3.3 per cent (y-o-y) in Q1:2024-25 as compared to 4.1 per cent growth in the previous quarter and 5.1 per cent a year ago; annual HPI growth varied widely across the cities — ranging from a high of 8.9 per cent (Kolkata) to a low of (-)1.7 per cent (Delhi),» the central bank said.

Every day, millions of people stream music on Spotify

Strong growth for stocks on Wall Street this year have helped juice gains for savers with retirement accounts

Japan's Defense Ministry Friday sought a record 8.5 trillion yen ($59 billion) budget for the next year to fortify its deterrence on southwestern islands against China's increasing threat, while focusing on unmanned weapons and AI to make up for the declining number of servicemembers as a result of the country's shrinking population. The ministry's request for 2025 marks the third year of Japan's rapid five-year military buildup plan under the government's ongoing security strategy. Japan aims to spend 43 trillion yen ($297 billion) through 2027 to double its annual military spending to around 10 trillion yen, making it the world's third-largest military spender after the United States and China. The budget request was approved at the Defense Ministry meeting Friday ahead of a submission to the Finance Ministry for negotiations through December.

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India's eight core sectors' output growth slowed down to 6.1 per cent in July on annual basis as against 8.5 per cent in same month last year, showed government data on Friday. The production of Steel, Electricity, Coal, Refinery Products, Cement, and Fertilizers recorded positive growth in July 2024. The final growth rate of Index of Eight Core Industries for April 2024 stood at 6.9 per cent. The cumulative growth rate of ICI during April to July, 2024-25 stood at 6.1 per cent as compared to the corresponding period of last year.

Sebi on Friday cancelled the registration of 39 stock brokers and seven commodity brokers after they failed to meet the registration requirements. Additionally, the regulator cancelled the registration of 22 depository participants who are no longer affiliated to any depository. The main reason for cancelling the registration certificate of these entities, is to prevent them from misusing their Sebi registration without being an active participant of a depository or a member of a recognized stock exchange, thereby protecting unaware investors, the regulator said in three separate orders.

The bill in question, which aims to reform the registration process of Waqf properties through a centralised portal, was introduced in the Lok Sabha on August 8. The committee, led by BJP's Jagdambika Pal, is seeking «views/suggestions from the public in general and NGOs, experts, stakeholders and institutions in particular» due to the «wider implications» of the bill, as stated by the Lok Sabha Secretariat. People are requested to provide their suggestions in writing within the next 15 days.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

demolition of his brother's sports venture here was carried out without notice and consideration of prior permissions, former Union HRD Minister M M Pallam Raju has said the demolition was extremely painful. Raju, senior Congress leader from neighbouring Andhra Pradesh, also said he is feeling the pain of the vilification of a clean record of three generations of public life. The demolition was part of the drive initiated by the HYDRA (Hyderabad Disaster Response and Assets Monitoring and Protection Agency), recently set up by the Telangana government, against alleged encroachments on government properties like lakes and other violations of rules. «Extremely pained by the demolition of ORO Sports Village, a passionate sports venture by my brother Anand, in 7 acres of leased land. ⁠Demolition done without notice and without consideration of prior permissions and clearances,» Raju said in a post on the social media platform 'X'.

Bondada Engineering, which listed on the BSE SME in August 2023, will start trading ex-split from the upcoming Monday. The company had announced a stock split earlier in July, in a ratio of 1:5, and set September 2 as the record date for this purpose. This means that today is the last day to buy shares of the company to be eligible for the stock split.

Sensex and Nifty50, rebounded from a slow start to close at fresh record highs on Thursday, driven by gains in index heavyweights like Reliance Industries, as well as financial and IT stocks. The 30-share BSE benchmark Sensex advanced 349 points or 0.43% to settle at 82,134. The broader NSE Nifty gained 99.6 points or 0.40% to end at 25,152.

Buy or sell stocks today: The Indian stock market indices, Sensex and Nifty 50, hit record highs on Thursday, August 29, fueled by index heavyweights such as Reliance Industries, Tata Motors, and ITC. The trading session marked the 11th successive day of Nifty closing in the green.

After a two-year lull, businesses are warming up to laptops and PCs The covid-19 pandemic created a huge demand, leading to a 56% surge in tablet sales in 2021, and 24% growth in 2022 to an all-time high of 5.3 million units, data shared by IDC India with Mint revealed. This was driven by the need for remote work and education devices—while offices opted for laptops, tablet brands catered to education needs especially in the rural sectors.