Record News

Travel expert Lee Abbamonte warns that the July 4th travel rush isn't the end of a busy travel year.

Dhaka Tribune report. The total number of dengue cases recorded this year is 32,977 along with 25,626.

Kyle Chalmers and Emma McKeon got goosebumps.

By Tom Westbrook

Two Chinese nationals were arrested in Bihar's East Champaran district for allegedly entering India through Nepal without valid documents, officials said on Sunday. They were arrested on Saturday night at the Raxaul border outpost, Assistant Foreigner Regional Registration Officer SK Singh said.

investors have the appetite to keep the party on Dalal Street going after pumping billions of dollars into Indian equities in the past four months? With the near-uninterrupted 17% rally from the 2023 lows in March taking domestic benchmark indices to record highs and pushing share valuations to elevated levels, there are concerns that the market may be overheated in the near term which could result in foreigners moderating their purchases of local stocks. Foreign portfolio investors (FPIs) net sold shares worth ₹1,998.8 crore on Friday — their first day of selling after six days and the second in July so far — resulting in the Sensex and Nifty dropping over 1% each.

US stocks are approaching a record high and the outlook for Corporate America is only expected to brighten. Now investors are waiting to see if the Federal Reserve derails the market's bull run. Amid signs that inflation pressures are finally ebbing, setting up what has historically been a bullish stretch, the S&P 500 Index is a mere 5.4% below its all-time peak.

Reliance Industries, India's most valuable company, may decline on Monday after the company's June quarter results fell below the estimates of a section of the market. The perceived earnings miss, which has come on the heels of the 31% record-breaking surge in the stock price from its 2023 lows in March, could dampen investor sentiment in the absence of near-term positive triggers, said analysts.

Stefanie Drews is a rarity in the asset management sector.

NEW DELHI : A proposed revision of goods and services tax (GST) rates, aimed at boosting revenue collections and fixing tax anomalies, is unlikely before the 2024 general elections, as the recent meeting of the GST Council did not reconstitute the key ministerial group responsible for examining the matter. During the meeting, the Council did not name a replacement for former Karnataka chief minister Basavaraj Bommai, who served as the convenor of the ministerial group established in September 2021 to restructure GST.

Electronics became the fourth largest exported item from India in the June quarter, jumping two spots, as the category grew the fastest among the top 30 exported items. As per an analysis of the data released by the Ministry of Commerce, electronics exports grew over 56% in the April-June period, reaching ₹57,220.24 crore as against ₹36,533.18 crore in the same period last year. In fact, electronics is the only sector to record growth in the top five categories of exports.

Toyota Kirloskar Motor (TKM) is likely to reach optimal capacity utilisation at its plants by the end of 2024, after which it may consider setting up another unit, a top company executive told ET. The maker of Hycross and Innova Crysta models has seen a surge in demand since it started rolling out new models in 2020, following its global alliance with Suzuki Motor Co. On the back of robust demand for its newly launched vehicles and buoyancy in the passenger vehicle market, TKM is expecting 2023 to be its second consecutive year of record production and sales, said Vikram Gulati, country head and executive vice president, Toyota Kirloskar Motor (TKMPL). In FY23, TKM's dispatches to dealers increased by 41% over the previous year to 174,015 units. It plans to dispatch 220,000-230,000 units in the current fiscal year, according to a person familiar with the company's sales projection. This would be TKM's second consecutive year of double-digit growth. A large part of its incremental volume is likely to come from the Hyryder, its new compact SUV which is the first product co-developed with Maruti Suzuki.

MUMBAI, NEW DELHI : Banks have turned cautious on their exposures to Vedanta Ltd, worried that sizeable dividend payouts to ease the parent’s debt burden might stress the balance sheet of the domestic entity to which they have loaned money, said two bankers close to the matter. Bankers said a clutch of lenders have been discussing their stand on Vedanta and are uncomfortable with high dividends to help its London-based parent Vedanta Resources deleverage. They said they are closely watching their exposures but added that the company has been repaying loans on time.

MUMBAI : Small investors, who piled on to shares in the three years to 31 March, have turned net sellers in the June quarter despite the market rallying 14% from a March low to record highs by June-end on robust purchases by foreign portfolio investors (FPIs). Market experts attributed the selling by small investors to a combination of initial scepticism about the rally and the need to meet margin calls on loss-making derivatives positions.

Warner Bros.' latest film, Barbie, directed by Greta Gerwig, took the box office by storm during its opening weekend, earning a whopping $155 million in the U.S. The neon-filled big-screen debut of the iconic Mattel doll surpassed early projections and emerged as the biggest movie premiere of the year.

FUKUOKA, Japan (Reuters) -French youngster Leon Marchand produced a dazzling performance to shatter American great Michael Phelps' long-standing 400 metres individual medley record on the opening day of swimming events at the World Aquatics Championships on Sunday.

By Horaci Garcia and Guillermo Martinez

Multidimensional Poverty Index released by Niti Aayog, aspirational districts are doing better in poverty alleviation. The average decline in number of multidimensionally poor was higher for aspirational districts between 2015-16 and 2019-21. However, they still lag the country in poverty ratio—the proportion of people who are multi-dimensionally poor or lacking access to basic facilities. ISHAAN GERA looks at the data:MP AND HARYANA RECORD HIGHEST DECLINES

New Delhi: Heavy downpour that caused floods in Delhi, Punjab and Haryana and landslides in Himachal Pradesh and Uttarakhand disrupting livelihoods is predicted to make a comeback from Tuesday. “Increase in rainfall activity over northwest India from 25 July is expected," India Meteorological India (IMD) said on Sunday.

Michael Phelps achieved the extraordinary feat by securing 28 medals across five Olympics, solidifying his position as the most decorated athlete in the history of the Summer Games. Michael Phelps boasts an astounding 23 gold medals — the highest number of Olympic golds ever won, in addition to three silver and two bronze medals.

By Lisa Richwine