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financials and metal stocks. In today's trading session, shares of NTPC, Cochin Shipyard, Hindustan Copper, Karnataka Bank, and Narayana Hrudayalaya among others will be in focus due to various news developments and quarterly earnings. NTPC

Adda247 recorded revenue of Rs 243.39 crore in FY24, an 88% year-on-year increase from Rs 129.65 crore in FY23. It has also reduced net loss by 66% to Rs 101 crore, down from Rs 296 crore in FY23. The firm attributed its growth to its existing verticals in government job exams and UPSC, as well as the newly introduced K13 vertical that contributed about 15 percent to the total revenue.

India sweated through a deadly heat wave that tested power grids and disaster preparedness of states on Sunday while Maharashtra's Akola imposed Section 144 until May 31, prohibiting public gatherings. A 'red' warning has been issued for Rajasthan, Punjab, Haryana, Chandigarh, Delhi, west Uttar Pradesh, and Gujarat, indicating a «very high likelihood» of heat illness and heat stroke for all age groups. Rajasthan's Phalodi was the hottest place in the country for the second consecutive day, recording a maximum temperature of 49.8 degrees Celsius. A day ago, the city hit 50 degrees Celsius — the highest temperature recorded in the country since June 1, 2019. The state has reported multiple heat-related deaths in the last three days.

Srinagar: Kashmir Valley has recorded a turnout of over 50% across the three Lok Sabha seats that went to polls on May 25, eclipsing the records since 1989, when terrorism started here. Elections for the three seats of Baramulla along the Line of Control in north Kashmir, Srinagar in central Kashmir and Anantnag-Rajouri, spread across the Pir Panjal mountains in south Kashmir, have concluded. Baramulla recorded 59% polling, Srinagar 38% and Anantnag-Rajouri 53%. Compared to the previous eight Lok Sabha polls since 1989, voting has increased by 15-20 percentage points.

Tennis fans worldwide eagerly await the return of Rafael Nadal to the storied clay courts of Roland-Garros. The "King of Clay" embarks on what might be his final campaign at the French Open, aiming to extend his record with a potential 15th title. The journey to Paris has been arduous for the 37-year-old Spaniard, but his determination to compete on his beloved surface remains unshaken.

ALSO READ: Oil records longest losing streak in 5 months, Brent drops 2% at $82; here's whyOn May 30 (Thursday), first revised GDP (gross domestic product) data for the first quarter will be released.May 31 (Friday) will see the release of personal income data for April and core PCE (personal consumption expenditure) index data for April.Following companies are due to report quarterly earnings in the week ahead— Box, CAVA Group, Bank of Nova Scotia, Salesforce, DICK'S Sporting Goods, Agilent, Chewy, HP Inc., Pure Storage, Capri Holdings, Okta, C3.ai, Abercrombie & Fitch, Best Buy, Birkenstock, Royal Bank of Canada, Dollar General, Foot Locker, Costco, Gap, Marvell, Dell, NetApp, Nordstrom, Genesco, and Frontline.A high profile cryptocurrency event named CoinDesk Consensus will be held on Wednesday.The event, aimed at solving crypto industry challenges, will see hard-hitting conversations with visionary speakers and hands-on workshops.ALSO READ: Yellow metal sees correction; short and long-term outlook remains positiveUS stocks rose on Friday on reports of improving consumer outlook on inflation.The Dow Jones Industrial Average rose 4.33 points, or 0.01 per cent, to 39,069.59. The S&P 500 gained 36.88 points, or 0.70 per cent, at 5,304.72 and the Nasdaq Composite advanced 184.76 points, or 1.10 per cent, to 16,920.79.For the week, the Dow dropped 2.34 per cent, the S&P edged up 0.03 per cent and the Nasdaq gained 1.41 per cent.The US dollar rose to 157.00 yen from 156.91 Japanese yen.

Stock Market News: Friday's intraday trading saw the domestic benchmark indices, the Sensex and Nifty 50, reach record highs before ending slightly down as a result of profit-booking in the IT, FMCG, and healthcare sectors.Though the markets were supported by fresh inflows of foreign cash and steady prices of crude oil on international exchanges, traders noted that the dismal trend in global stocks weighed on the sentiments.For the second day in a row, markets were surging ahead of the Lok Sabha election results on June 4.The Sensex hit a new all-time high of 75,636.50 during the session, but it was unable to hold onto its gains and finished the day 8 points lower at 75,410.39. During the session, the Nifty 50 hit a new all-time high of 23,026.40, but it ended the day 11 points lower at 22,957.10.Vinod Nair, Head of Research at Geojit Financial Services, said that despite the recent US FOMC minutes suggesting a sustained hawkish stance on policy rates, sentiments in the global market remained muted.The US unemployment claims declined more than anticipated, business earnings held steady, and inflation remained obstinate, thus the Fed had no justification to lower interest rates.Large caps are taking a backseat to the overall market rise as the domestic market achieves new highs, suggesting that the short-term momentum will continue.

Jim LaPointe knows that how the economy feels «depends on your perspective.»

heat wave conditions are expected to persist in the plains of worthwest India over the next 4-5 days. Regions such as the Western Himalayan area, Madhya Pradesh, Vidarbha, and Chhattisgarh are also likely to experience heat wave conditions during this period. Severe heat waves have been prevalent in many parts of Rajasthan, with isolated pockets in Jammu and Kashmir, Himachal Pradesh, Haryana, West Uttar Pradesh, West Madhya Pradesh, Vidarbha, and the Gujarat region also experiencing similar conditions. Isolated areas in Haryana, Rajasthan, Uttar Pradesh, and East Madhya Pradesh reported warm night conditions. On Saturday, Phalodi in West Rajasthan recorded the highest maximum temperature in the country at 50.0°C.

India has recorded a trade deficit, the difference between imports and exports, with nine of its top 10 trading partners, including China, Russia, Singapore, and Korea, in 2023-24, according to official data. The data also showed that the deficit with China, Russia, Korea, and Hong Kong increased in the last fiscal compared to 2022-23, while the trade gap with the UAE, Saudi Arabia, Russia, Indonesia, and Iraq narrowed. The trade deficit with China rose to USD 85 billion, Russia to USD 57.2 billion, Korea to USD 14.71 billion and Hong Kong to USD 12.2 billion in 2023-24 against USD 83.2 billion, USD 43 billion, USD 14.57 billion and USD 8.38 billion, respectively, in 2022-23. China has emerged as India's largest trading partner with USD 118.4 billion of two-way commerce in 2023-24, edging past the US.

Also Read: Tax Harvesting: What is it and how can it optimise your tax liabilities?From an income tax perspective, any income you generate during the current FY will be assessed for taxation purposes in the following assessment year (AY). The current FY 2024-25 starts on 1st April 2024 and ends on March 31st 2025.

law-backed MSPs, agriculture economist Ashok Gulati said, was rejected by Manmohan Singh of the Congress when he was PM. Gulati was chairman the official body that recommends MSP hikes during Singh’s tenure. Has the party disregarded Singh’s position on this subject or has he had a change of heart? Either way, the Congress must explain how price discovery can take place in farm markets if a legal MSP is made binding on all buyers.

Inflation is set to ease across Group of Seven economies, according to those countries’ central bankers, but the progress will be uneven. G-7 leaders meeting in Italy are weighing the durability of America’s growth momentum against the perennial sickliness of Europe’s expansion. However, the softer inflation outlook could be challenged by an aging global population as more old people are spending and fewer young people are producing. In the UK, figures on inflation, migration, private-sector activity, retail sales and consumer confidence have all been published since Wednesday morning, hours before Prime Minister Rishi Sunak called a snap general election. An announcement on household energy bills highlighted the political divide.

Akola has been the hottest city in Maharashtra over the last two days when it recorded the maximum temperature of more than 45 degrees Celsius, as per the India Meteorological Department (IMD) data. In view of the heatwave conditions likely in Akola, Collector Ajit Kumbhar on Saturday imposed Section 144 of the Criminal Procedure Code (CrPC) till May 31, prohibiting public gathering. The collector in an order asked establishments to made adequate arrangements of drinking water and fans for workers and to change the timings of private coaching classes, saying they should not be held during the afternoon. Akola city, located in Maharashtra's Vidarbha region, recorded the maximum temperature of 45.8 degrees Celsius on Friday and 45.6 degrees Celsius on Saturday, the season's highest temperature in the city this month, according to the IMD data.

Delhi witnessed a significant turnout of women voters, reflecting diverse backgrounds and concerns, in the ongoing Lok Sabha elections. With over 69 lakh women among the 1.52 crore voters in the city, their participation is crucial in shaping the electoral outcome. From the outskirts to the heart of the city, women of all ages were seen queuing up outside polling stations, dressed in a variety of attire ranging from colorful saris to kurtis and western wear. Their reasons for voting varied, showcasing the diversity of perspectives and priorities among women voters. Influential Factors Driving Women's Decisions

Nifty ended with 2.2% gains in a truncated week amid significant volatility where India VIX shot up to a 52-week high gaining nearly 10% in four sessions. When markets resume trading on Monday, a host of important domestic and global events lined up during the week are likely to impact them. «The Nifty and sensex scaled new peaks on Friday, with the Nifty surpassing the 23,000 mark for the first time ever. Sensex and Nifty record the biggest 2-week gain in the last 5 months. Nifty Bank moves 2% higher this week,» Pravesh Gour, Senior Technical Analyst at Swastika Investmart said, adding that the chart structure of Nifty now shows a bullish trend with a buy-on-dip approach should be adopted.

recorded their biggest two-week winning streak in the last five months amid the election rally gripping the pulse on D-Street. Nifty 50 and Sensex reclaimed their record highs and gained around two per cent this week logging their best week in three months.

The India Meteorological Department (IMD) highlighted this as the highest temperature since June 1, 2019, when Churu, also in Rajasthan, logged a scorching 50.8 degrees Celsius. Meanwhile, Phalodi hit India's all-time high temperature of 51 degrees Celsius on May 19, 2016.Apart from the northern plains and central regions, severe heat was also witnessed in Himachal Pradesh, Assam and Arunachal Pradesh.

All-Time Favourites for Children, read by Anuj Datta, Bond told PTI that the format could be called “a stimulus, a catalyst for the whole art of reading". As true as this may be for children, many adults, too, listen to books so that they can multitask during a commute or while doing chores, and meet reading or learning goals. India is the third largest audiobook market in the world after the US and China, according to Statista.

Also Read: Viral video: Thieves use bike to steal goods from moving truck, netizens draw Dhoom parallelOn this day in 1999, during India’s World Cup match against Sri Lanka in Taunton, Sourav Ganguly and Rahul Dravid forged a spectacular partnership of 318 runs for the second wicket. This stand set a record for the highest partnership in ODIs at the time.

voter turnout of 54.03 per cent was recorded in Uttar Pradesh where polling took place for 14 parliamentary constituencies in the sixth phase of the Lok Sabha elections. According to the Election Commission of India's Voter Turnout app, Allahabad recorded 51.75 per cent turnout, Ambedkar Nagar 61.54 per cent, Azamgarh 56.12 per cent, Basti 56.66 per cent, Bhadohi 53.03 per cent, Domariyaganj 51.94 per cent, Jaunpur 55.52 per cent and Lalganj 54.39 per cent. The voter turnout in Machhlishahr was 54.43 per cent, Phulpur 48.97 per cent, Pratapgarh 51.60 per cent, Sant Kabir Nagar 52.63 per cent, Shravasti 52.76 per cent and Sultanpur 55.60 per cent. The polling percentage in the Gainsari assembly bypoll was 51.10 per cent.