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FHN Financial chief economist Chris Low and MacroPolicy Perspectives senior advisor Constance Hunter discuss whether inflation or the economy will slow down first on 'Making Money.'

Markets have been hitting new highs almost every week and the total wealth in equity assets has also risen to all-time highs. Not surprisingly, promoters are set for record stock dilution. As per media reports, promoters of over 200 companies have cumulatively sold stock worth around $4 billion in the last two months alone, taking advantage of richer valuations and cashing-in on the equity they hold.

Union Budget 2024 announcements may include continued focus on renewable energy by the Narendra Modi government, industry players have said, as they expect policy stability and investment in the sector. «From budget what we expect that there are certain areas on which we need to focus. We have seen in budget what is required for the sector. One is the policy stability is very important because there should not be any fear because today we invest, project takes 18 months to 24 months, so policy stability is one key which we expect,» Sharad Mahendra, Joint MD & CEO, JSW Energy told ETNow in an interview. «One is the policy stability is very important because there should not be any fear because today we invest, project takes 18 months to 24 months, so policy stability is one key which we expect. And boost the renewable energy investment, that is also very-very important because the kind of investment which is required to add almost 40 to 50 gigawatts every year is huge,» Mahendra added.

Defence stocks like Hindustan Aeronautics, Bharat Dynamics, Bharat Electronics and others are in focus after the government granted an extension in the exemption of customs duty on the imports of certain parts. Initially set to expire on July 1, 2024, the exemption has now been extended for five years, until 2029. So how does it impact the stocks? 

It isn’t hard to understand that global warming is already changing how we live. In India’s capital, New Delhi, this summer has been so hot—above 40° Celsius even at night—that people are gasping, tap water is scalding and the walls of their homes emit heat like radiators. The Saudi Arabian authorities said that 1,300 pilgrims have already died on this year’s Hajj.

Indian Renewable Energy Development Agency (IREDA) rose 6% to the day’s high of Rs 202 on the BSE after the company reported significant growth of 382.62% and 67.61% on a year-on-year (YoY) basis in its sanctioned loans and loan disbursements, respectively. For the first quarter of FY25, the company recorded loan sanctions of Rs 9,136 crore, compared to Rs 1,893 crore in the corresponding quarter of the previous year. Meanwhile, loan disbursements for the quarter amounted to Rs 5,320 crore.

Mint. This comes at a time when tech investors globally have slowed down investments in growth-focused new-age tech firms, resulting in a tough period for such companies in India over the past two years. Reddy added that while deals are happening for such companies, the remaining 70% is still struggling to attract enough confidence from investors, hurting the funding environment. “40% is always the middle—it's tricky, doing well, but people are not getting confidence, and they are not giving more growth capital.

mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.

T20 World Cup final on Saturday, a 1,000-strong audience cheered for esports champions at the Battleground Mobile India (BGMI) series event at Hyderabad. This signifies the increasing popularity of such pursuits even in a cricket-crazy nation like India.

landslide blocked Kishtwar-Paddar road Sunday as light to moderate rains lashed isolated places in Jammu division, providing some relief to people from the scorching heat. Officials said the landslide, triggered by rains, hit Kishtwar-Paddar road near Patharnaki in Kishtwar district this afternoon, forcing suspension of vehicular movement.

Rishi Sunak on Sunday dismissed suggestions that his party was headed to defeat in the July 4 general election, using one of his final televised appearances to defend the Conservatives' record on the economy.

criminal laws are to be implemented across the country from July 1, Union Minister Arjun Ram Meghwal said on Sunday that the three laws were necessary given the developments in technology and forensic science.

The comprehensive technical study of Delhi Airport’s currently closed Terminal 1 (T1) is expected to be completed within a month. Based on the findings, a decision will be made regarding the resumption of operations at the terminal, PTI cited a senior government official stated on Sunday. 

India Meteorological Department (IMD) issued a red alert for several northeastern states, forecasting extremely heavy rainfall over the next two days.

Terminal 1 (T1) of Delhi Airport when a canopy in the old departure forecourt collapsed during heavy rainfall, resulting in one fatality and injuries to several others. Larsen & Toubro (L&T), in response to the incident, expressed condolences to those affected and clarified that the company did not construct the collapsed structure nor were they responsible for its maintenance.

Delhi Chief Minister Arvind Kejriwal was sent to judicial custody till July 12 in a CBI case, Rashtriya Janata Dal (RJD) MP Manoj Jha said on Sunday that just like JMM leader Hemant Soren was released, Kejriwal will also come out.

Mann Ki Baat', marking his first in the new term. He highlighted the continuity of the program despite a brief hiatus, emphasising the ongoing positive impact of citizen-driven initiatives across India. PM Modi also expressed gratitude for the public's reaffirmation of faith in the Constitution and democratic processes during the historic 2024 Lok Sabha elections, where a record 650 million people participated.

Delhi High Court is scheduled to pass an order on July 1, 2024, on the maintainability ground of a plea moved by Kejriwal's close aide Bibhav Kumar seeking direction to declare his arrest by Delhi Police as illegal.

India Meteorological Department (IMD) has issued an alert for widespread rainfall and thunderstorms across several regions in India on Sunday.