Record News

Mint takes a look at the trend in India's power demand and how the government plans to manage the rising need. Power demand remained elevated due to high temperatures after subdued demand in July following heavy rains across parts of north India. The peak demand has neared the Central Electricity Authority's (CEA) projection of 230 GW peak power demand for this year.

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Mint takes a closer look at the trends. The data confirms the general principle of 'vital few' – that in any data set, the bulk of the effects come from a few of the causes. Of the more than 14 million GST registered enterprises, more than half belong to six states, led by Uttar Pradesh, Maharashtra, Gujarat and Tamil Nadu.

By Clare Jim and Shuyan Wang

MOSCOW (Reuters) -President Vladimir Putin's economic adviser rebuked the central bank on Monday as the rouble slid past 101 per U.S. dollar, blaming its 30% year-to-date slump on loose monetary policy and revealing growing discord among Russia's monetary authorities.

GRSE and Mazagon Dock Shipbuilder jumped over 10% in Monday's trade on BSE after the June quarter results. Warship maker GRSE shares rallied 13% to Rs 661 on BSE after the company reported its best-ever net profit of Rs 77 crore in the June quarter. The firm saw a 54% rise in net profit as compared to the Rs 50 crore it reported in the year-ago period.

Small-cap stock at ₹50: Salasar Techno shares have been in uptrend after ushering in the new financial year 2023-24. The small-cap stock priced around ₹50 has risen from near ₹36.55 to ₹52 apiece levels on NSE, logging to the tune of over 40 per cent in the financial year 2023-24. The small-cap stock has risen from ₹29.60 to ₹52 apiece levels, logging more than 70 pe cent in last one year.

FIT Quint, the report reveals that around 750,000 beneficiaries were associated with an invalid mobile number, specifically 9999999999. Moreover, the CAG identified 4,761 registrations that were linked to only seven Aadhar numbers, indicating potential irregularities. Additionally, the audit found instances of hospitals that were absent from the list of facilities registered under the public health insurance scheme.

SIP (systematic investment plan) linked funds hit a record high of Rs 8.3 lakh crore in July 2023, the data from AMFI showed, driven by unfettered monthly inflows and duly supported by record high account additions. Consequently, the average portfolio value of the SIP investors was also at a record Rs 1,22,299 per SIP account.

Indian rupee on Monday opened below the 83-mark against the dollar, the lowest for the currency since October 2022 when it had dipped to a historical low of 83.26. After India became independent, one dollar could be bought at less than four rupees. As the country marks 76 years of freedom, the rupee has gone down by nearly 20 times.

₹42 crore net on Day 4 in India for all languages, according to a report by Sacnilk.com. In terms of the overall collection, the film has amassed over ₹150 crore at the box office. Rajinikanth's much-awaited Jailer hit the big screens on August 10, marking Rajinikanth's grand comeback after two years.

The company, which is backed by marquee investors Ashish Kacholia and others, plans to raise Rs 351 crore at the upper price band. The allocation to anchor investors will be done on August 21. The IPO comprises a fresh equity issue of Rs 162 crore and an offer for sale (OFS) of 1.75 crore equity shares.

India's UPI achieves a remarkable milestone, recor... moreIndia's UPI achieves a remarkable milestone, recording ₹15.34 lakh crore in transactions, reflecting a 44% YoY growth.

Indian cinema industry has come roaring back to life with an electrifying bang, proving that the magic of the silver screen is as enchanting as ever. After months of anticipation, the curtains have finally risen, and the weekend of August 11-13 marked a triumphant return to the big screens. In a historic turn of events, the Producers Guild of India and the Multiplex Association of India (MAI) joined hands to unveil a record-shattering weekend that has left cinephiles and industry insiders alike utterly thrilled.

Bonus shares 2023: Lancer Container Lines shares have delivered whopping return to its shareholders in post-Covid stock market rebound. The small-cap stock has surged from around ₹4.50 apiece levels to ₹225 per share levels on BSE, logging near 4,900 per cent return in last three years. However, a positional investor has one more stock market news to cheer.

multiplexes and cinema halls witnessed a record number of admissions driven by movies such as 'Gadar 2', 'Jailer', 'OMG 2' and 'Bhola Shankar', boosting their combined gross box office collection to over Rs 390 crore. This weekend set a «new all-time theatrical gross box office record» in its 100 years of history, said a joint statement from the Multiplex Association of India (MAI) and Producers Guild of India (PGI). «The weekend drew over 2.10 crore moviegoers to theatres across the county, which is the highest combined admissions record in the last 10 years of history,» it said.

Gadar 2’ is setting the box-office ablaze! Since its release, the Sunny Deol-Ameesha Patel film has been shattering BO records left right, and centre. According to a report shared by the Indian box-office tracking portal Sacnilk.com, the period action extravaganza earned a whopping Rs 51 crore on the third day of its release. The movie earned a staggering Rs 134 crore on its first weekend. Film reviewer and BO tracker Taran Adarsh wrote, “TARA SINGH SMASHES THE #BO WITH HIS SLEDGE HAMMER… #Gadar2 creates #Gadar at the #BO… The GLORIOUS opening weekend proves, yet again, that *well-made* desi entertainers will never go out of fashion… All eyes on #IndependenceDay: Picture abhi baaki hain… Fri 40.10 cr, Sat 43.08 cr, Sun 51.70 cr. Total: ₹ 134.88 cr. #India biz. “ He went on to add that if the film was a solo release, it would have earned an extra Rs 30 crore. ‘Gadar 2’ is the sequel to the 2001 blockbuster ‘Gadar: Ek Prem Katha’. Deol, Patel, and Utkarsh Sharma reprise their roles in the movie.

Hardik Pandya led young Indian side managed to take the five-match T20I series against the West Indies to the decider, but on Sunday, they were outclassed by the West Indies in the fifth match to lose the series 2-3. The thrilling five-match T20I series between India and the West Indies decided the series winner. Despite the spirited efforts of the Hardik Pandya-led Indian side, the West Indies demonstrated their prowess and secured victory in the fifth and final match.

India's startup space, innovation and aspiration have found fertile ground to succeed. In the past decade, we saw a record rise in entrepreneurial accomplishments, sustained by a blend of factors. Factors such as heightened technological accessibility, an expanding consumer market, and an increasing appetite for venturing into the unknown.

New Delhi: The Centre on Monday announced service medals for 954 police personnel of various central and state forces on the eve of Independence Day. According to the ministry of home affairs, President’s Police Medal for Gallantry (PPMG) has been awarded to 01 CRPF personnel, Police Medal for Gallantry (PMG) has been awarded to 229, President’s Police Medal for Distinguished Service (PPM) awarded to 82 and Police Medal for Meritorious Service (PM) has been awarded to 642.

artificial intelligence (AI) would be the death of Adobe, a maker of software for creative types. New tools like DALL-E 2 and Midjourney, which conjure up pictures from text, seemed set to render Adobe’s image-editing offerings redundant. As recently as April, Seeking Alpha, a financial news site, published an article headlined “Is AI the Adobe killer?" Far from it.