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(Reuters) -Fisker Inc fell nearly 9% on Friday after supply chain issues forced a cut in its annual production target, taking the shine off its smaller-than-expected quarterly loss and the first revenue from deliveries of its electric sport utility vehicles.

By Daniel Wiessner

Covid pandemic. Nationwide, just 52,000 people arrived to mainland China from overseas on trips organized by travel agencies during the first quarter, the latest period for which national data is available, compared with 3.7 million in the first quarter of 2019. As in past years, nearly half of the visitors came from the self-ruled island of Taiwan and the Chinese territories of Hong Kong and Macau, rather than farther-away places like the U.S.

Investing.com — Apple (NASDAQ:AAPL) reported fiscal third-quarter results that topped estimates as strength in its services business helped offset iPhone sales that fell short of estimates.

Indigo crossed a significant milestone in its history by reaching 1,900 flights per day on its 17th anniversary. IndiGo's 17th anniversary is a testament to the unwavering support and trust our customers have placed in us, said Pieter Elbers, CEO of IndiGo. “These achievements over the years have been made possible by the unwavering dedication and professionalism of our 6E stars for which I would like to sincerely thank each and every one of them,” he added. The airline has come a long way from launching its inaugural flight in 2006 to etching its name in history on June 19 this year by bagging the largest order in aviation history of 500 A320 aircraft. The order solidified the company’s position as the airline with the biggest order in the industry. IndiGo had unveiled its first A321, a longer version of A320 aircrafts on December 27, 2018. Just a month before this deal, the airline had set a new record with the maximum number of 3 lac customers per day in May.

Nitin Desai was found dead at his studio in Maharashtra’s Raigad district, the police have revealed the sequence of events leading up to the art director’s death by suicide. News agency PTI, quoting investigating officials, reported that the 58-year-old creative genius had visited his studio in Karjat in the early hours of Wednesday and offered prayers at the temple there. He then visited the mega floor of the building along with his attendant.

Union Health Ministry has undertaken various measures in collaboration with the Indian Computer Emergency Response Team (CERT-In) to ensure data security and protect the privacy of patients from cyber threats, the Lok Sabha was told on Friday. Advisories issued by the CERT-In are disseminated to all authorised medical care entities and service providers in the country for compliance, Minister of State for Health S P Singh Baghel said in a written reply in the Lower House.

Income tax refund:  If you have received a message claiming an income tax refund of ₹XXXXX amount has been approved and you need to verify or update your bank account. Beware! This is a fake message, please do not bother to respond to any such messages. 

Netherlands coast have safely returned home while the mortal remains of one sailor who was killed in the incident are being repatriated, Indian authorities have said. An Indian crew member was killed and 20 others were injured in the fire that broke out on July 25 on board the Panama-registered ship Fremantle Highway, which was en route from Germany to Egypt. Several crew members were forced to jump overboard.

Nilesh Gupta, MD, Vinita Gupta, CEO and Ramesh Swaminathan, Global CFO, Lupin, in conversation with ET Now Pharma major Lupin recorded a consolidated net profit of Rs 453.33 crore for the April-June quarter FY24, as against a consolidated net loss of Rs 86.8 crore reported in the same period a year ago.The India business growth has revived and that too in double digits. What are you seeing coming in there? What were the growth drivers this time around and how to expect growth going forward? Do you think this is sustainable?Nilesh Gupta: We have been lagging a bit. But like we said, from Q2 onwards, we expected to get back to double digit growth and are very happy that it is happening in Q1 itself.

Enforcement Directorate (ED), according to a report published by the news agency ANI. The top court has granted more time to the federal agency to file a reply on Sisodia's bail plea. It has now deferred the hearing in this case for September 4.

Bonus shares 2023: Lancer Container Lines shares are one of the small-cap stocks that will be in focus next week. Reason behind this is its board meeting scheduled on 10th August 2023 i.e. on Thursday next week.

Rahul Gandhi challenging Gujarat HC high verdict that declined to put on hold his conviction in a defamation case over his "Modi surname" remark. Earlier this year, Rahul Gandhi was disqualified as an MP for his comments linked to PM Modi Abhishek Manu Singhvi , who appeared for Rahul Gandhi at the Supreme Court, said, ‘No one was named by Rahul Gandhi in his speech’ The trial court cites 13 cases, but where are the convictions. Where are the criminal anecdotes, he tell Supreme Court.

gold prices have rallied to record highs. And this pattern has repeated many times in the past decades as well. The domestic economy is expected to continue on its healthy growth path, led by government and private sector capex spending, though advanced economies still face high inflation and slowing growth. Along with the challenges of geopolitics, all these factors leave a retail investor highly confused on how to make an asset allocation decision – apportioning money across equity (domestic & International), debt and gold (may be REITs and silver as well).

«So, Max Estates now directly gets listed. Of course, the name will change to reflect the nature of our business and as an offering, it is a pure play real estate development company focussed on the national capital region,» says Sahil Vachani, Max Ventures.Let us understand the thought behind this change. It is just a change of the name by merging it with a subsidiary. Was there a need to do this?Yes, so the idea was to be able to directly list Max Estates and take away the holding company structure.

Bharat Forge, part of the casting & forging industry, recorded a breakout from a 2-year consolidation phase on the weekly charts recently which could push the stock above Rs 1,000 levels in the next 2-3 months, suggest experts. The stock has been hovering in a narrow range where Rs 900-920 acted as a stiff resistance while on the downside levels above Rs 740 acted as crucial support on the weekly charts. The stock did witness a breakout earlier this week when it touched a record high of Rs 937 on 1st August 2023, but it failed to hold on to the momentum.

FPIs) bought Indian shares worth 466.18 billion rupees ($5.63 billion) on a net basis in July, data from the National Securities Depository Ltd (NSDL) showed on Friday. This is the highest monthly FPI inflows since August 2022. Sustained FPI inflows have powered the uptick in the blue-chip Nifty 50 and S&P BSE Sensex, driving the benchmarks to record highs.

ANI, the announcement followed a meeting with parliamentary leaders during a dinner event held to honour the members of parliament. The discussions during the gathering revolved around the current political situation in the country, as per The Express Tribune's report. As reported by ANI, during the gathering, Prime Minister Shehbaz actively sought input from the attendees and engaged in discussions about the appointment of a caretaker prime minister and the caretaker setup.

The American economy has generated at least 200,000 new jobs for a record 30 straight months

Q1 results today: Amid falling Indian stock market due to weak global market sentiments after downgrading of US credit rating, experts are suggesting stock specific approach to intraday trading members. For long term investors too, Q1 results 2023 is an important trigger as it would help them understand the fundamentals of the company to find out quality stock at discounted levels. For such intraday traders and positional long term investors, there is a piece of stock market news.

₹3,090 crore in Q1 2023-24. The performance review process for nearly 4,500 flight crew has begun, and the new salaries will be effective from October 1, an Economic Times report cited With over 60% of India's domestic market share, the airline reported its highest-ever quarterly profit. “While we regained and started to build our financial strength over this past year, we reviewed and reinstated salaries and allowances to pre-Covid levels.