Record News

«American Idol» 2024 host is Ryan Seacrest. The judges of the show are Lionel Ritchie, Luke Bryan, and Katy Perry.

NEW DELHI : Rural India emerged as the driving force behind the record-breaking sales of passenger vehicles in FY24, which crossed the 4-million-mark for the first time in a year, despite the demand for hatchbacks that have typically dominated car purchases in the countryside continuing to slide. In FY24, a total 4.23 million passenger vehicles were sold in India, rising 8.7% from 3.89 million units the previous year, which was also a record. One in every two of these vehicles sold last fiscal year was a sports utility vehicle, or an SUV, a segment that saw the sharpest growth of 28% in FY24, while sales of hatchbacks, or small, mini or compact cars, accounted for 28% of the industry’s total sales, declining 12% from the year before.

Curiosity rover of the National Aeronautics and Space Administration (NASA) has begun exploring a new region of Mars i.e Gediz Vallis channel—appears to have been carved by an ancient river—it could reveal more about when liquid water disappeared once and for all from the Red Planet’s surface. The rover team is focusing on the Gediz Vallis channel and searching on for evidence that would confirm how the channel was carved into the underlying bedrock. The formation’s sides are steep enough that the team doesn’t think the channel was made by wind.

Ever since the federal government announced its decision to place caps on temporary residents, economists have been talking about how the move could potentially compel businesses to invest more on technology instead of relying on “cheap labour” from abroad, which in the long run should help boost Canada’s struggling productivity rate.

European and US equity futures rose Monday as US inflation figures did little to alter views that the Federal Reserve will cut interest rates this year.

Gold rose to a record as indications the Federal Reserve is getting closer to cutting interest rates added impetus to a rally that’s also been driven by geopolitical tensions and robust Chinese demand.

NEW DELHI : India's coal production touched a new high of 997.4 million tonnes in fiscal year 2024 (FY24), marking an 11.67% increase from the previous year, but falling short of the 1-billion-tonne target, the coal ministry said in a statement on Monday. In FY23, output stood at 893.19 million tonnes. However, the cumulative production of coal and lignite surpassed the milestone with a record 1.04 billion tonnes, the ministry said.

Indian Railways loaded 1591 million tonnes (MT) freight during financial year 2023-24 up from 1512 MT in the preceding fiscal. According to officials aware of the development, with 79 MT incremental loading, the national transported clocked the highest ever loading for Indian Railways in a fiscal. Records of railway electrification, new lines, and track replacement were also made during the year under review. The Indian Railways electrified 7188 Route Kilometers (rkm), laid new lines at 14.5 kms per day, and replaced 5950 Kms of tracks. Within goods loading, the Railways ferried 787.61 MT of Coal, 180.95 MT of Iron ore, 153.80 MT of Cement, and 114.36 MT as Balance Other Goods.

Arvind Kejriwal has been remanded in judicial custody till April 15 following his arrest in the Delhi excise policy case. GST collection data released on Monday indicated an 11.5% rise to ₹1.78 lakh crore while the Election Commission received complaints about Rahul Gandhi and the Trinamool Congress. Meanwhile, the Supreme Court refused to stay Hindu prayers in the southern cellar of Gyanvapi mosque and the India Meteorological Department issued a major heatwave warning.

NEW DELHI : Indian Railways has moved at record pace in the just completed financial year, reaching new milestones in various categories including freight loading, railway electrification, and new development. The national transporter also registered its highest number of restoration of bridges during the year, and expanded its programme to install automatic signalling and digital interlocking of stations–measures aimed at ensuring both smoother operations as well as a higher degree of safety. Indian Railways registered record freight loading of 1,591 million tonnes in FY24, as compared with 1,512 mt in the year before–also an indicator of higher economic activity.

Declaration of Dividend: When a company announces dividends, it specifies a record date. Investors who hold shares of that company on or before the record date are eligible to receive dividends. Verification of Eligible Shareholders: The company or its registrar verifies the shareholding records as of the record date to identify eligible shareholders who are entitled to receive dividends.

NEW DELHI : The credit quality outlook for Indian firms is positive for fiscal year 2025 (FY25), rating agency Crisil on Monday. This optimism stems from strong domestic demand, low corporate debt levels, and the ongoing benefits of infrastructure development. In the recently concluded fiscal year, Crisil Ratings recorded 409 upgrades for domestic companies and 228 downgrades.

demat account is a must if you want to trade in stocks. It functions much like a bank account for stock market transactions. It digitally records all activities in the stock market and maintains electronic records of various financial instruments.

₹11.3 trillion worth of new projects were announced across the country during the three months through March, two times the figure in the December quarter, showed provisional data from the project-tracking database of the Centre for Monitoring Indian Economy (CMIE). However, the year 2023-24 ended with ₹27.1 trillion worth of new projects being announced, down nearly 31% after two successive years of sharp growth. The decline in 2023-24 can largely be attributed to the high base of the previous year, when Air India had announced a ₹6.6-trillion deal to buy aircraft in February 2023.

In the last six months, the stock of tier-2 IT company Persistent Systems Ltd. rose 38%, much ahead of the Nifty IT index’s 10% returns. Investors have rewarded the company’s relatively better revenue growth and robust deal wins.

ministry of road transport and highways has issued detailed standard operating procedures for recording and digitising the sanction process for all road projects with effect from April 1, 2024. “The move is aimed at ensuring paperless, informative, transparent and accountable sanction process and has to be mandatorily followed for works being executed through the National Highways Authority of India,” it said in a notification. As per the notification, besides NHAI other stakeholders involved in construction of roads and highways will also be mandated to sanction projects based on the SOPs. These include the state government, the Border Road Organisation, the National Highways and Infrastructure Development Corporation and all project implementation units (PIUs) under the road ministry.

Katchatheevu island issue, opposition leaders on Monday cited a 2015 RTI reply, which stated that the agreements in 1974 and 1976 did not involve either acquiring or ceding of territory belonging to India, and asked whether the «change» in Modi government's stance was for «election politics». The opposition's response came after External Affairs Minister S Jaishankar on Monday claimed that prime ministers from the Congress displayed indifference about Katchatheevu island and gave away Indian fishermen's rights despite legal views to the contrary. Jaishankar's remarks at a press conference were made a day after Prime Minister Narendra Modi cited a media report to assert that new facts reveal that the Congress «callously» gave away Katchatheevu island to Sri Lanka. Senior Congress leader P Chidambaram hit out at the government over the issue.

Stock market today: Dixon Technologies shares have been in uptrend for nearly one year. In this time, Dixon Technologies share price has risen from around ₹2,893 to ₹7,626.90 apiece level on NSE, logging around 160 percent rally in this time. So, this electronic manufacturing services company share is one of the multibagger stocks in India.

hydroelectricity output fell at the steepest pace in at least 38 years during the year ended March 31, a Reuters analysis of government data showed, as erratic rainfall forced further dependence on coal-fired power amid higher demand. The 16.3% drop in generation from the country's biggest clean energy source coincided with the share of renewables in power generation sliding for the first time since Prime Minister Narendra Modi made commitments to boost solar and wind capacity at the United Nations climate talks at Paris in 2015. Renewables accounted for 11.7% of India's power output in the year that ended in March, down from 11.8% a year earlier, a Reuters analysis of daily load despatch data from the federal grid regulator Grid-India showed.

Stock Market News: The beginning of the new financial year saw new highs for the domestic equities benchmark indices, the Sensex and Nifty 50, driven by metal stocks following positive data from China. An improvement in a crucial US inflation figure also helped the overall sentiment. The BSE Sensex rose by 0.81% to reach an all-time high of 74,254.62, while the blue-chip NSE Nifty 50 index climbed by up to 0.91% to a new record high of 22,529.95.

Nifty50 hit a fresh record high of 22,530 as it rallied 0.80% while Sensex surged 500 points, up 0.70%.