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Union Bank of India on Thursday reported more than 100 per cent jump in net profit at Rs 3,236 crore in the June quarter, aided by a decline in bad loans and improvement in interest income. The Mumbai-based lender had posted a net profit of Rs 1,558 crore in the year-ago period. Total income in the first quarter of the current fiscal rose to Rs 27,381 crore from Rs 20,991 crore in the same period a year ago, Union Bank of India said in a regulatory filing.

₹1634.95 and closed at ₹1635.15 on the last day. The highest price recorded during the day was ₹1641.7, while the lowest price was ₹1625.25.

Layer-1 blockchain network Solana has shown an improvement in reliability and uptime so far this year only having one outage in 2023, according to a report from the Solana Foundation.

NASA briefing with reporters. Daily temperature records have already been shattered this month, and extreme heatwaves are being observed globally in the US, Europe, and China.

Nifty Bank hits record high in a overall weak market led by gains in Bank of Baroda (up 1.26%), State Bank of India (up 0.60%), and Kotak Mahindra Bank (up 0.53%). According to Rajesh Bhosale - Equity Technical and Derivative Analyst, Angel One, the long-awaited target of 46000 has now become a reality.

dengue, Ibuprofen and Diclofenac group of medicines (which further cause destruction of platelets in human blood) "may be restricted to be sold on a prescription of a Registered Medical Practitioner only", it added. "Retail chemists are therefore advised not to indulge in the over-the-counter sale of NSAIDs (Nonsteroidal anti-inflammatory drugs) like Aspirin, Ibuprofen and Diclofenac group of medicines with immediate effect till further directions. They are also advised to keep records of stocks of painkiller drugs falling under this category," it said.

extreme heat across vast regions of Asia, Europe, and North America is not a mere coincidence. A convergence of potent weather forces is contributing to the creation of widespread planetary conditions, and unfortunately, there seems to be no immediate respite from the blistering temperatures. As reported by Bloomberg, while climate change remains a central factor in driving temperatures to unprecedented levels, the situation is more complex than that.

equity market is expected to open lower on Friday tracking weakness in Asian peers. The Asian markets traded mostly down, while the US stock indices ended mixed amid a slew of corporate results. The trends on Gift Nifty also indicate a gap down opening for the Indian benchmark index.

By Andrea Shalal

Donald Trump's alleged efforts to overturn the 2020 election results, the former US president faces a slew of potential charges. The 77-year-old Trump said Tuesday he had received a letter from Smith confirming he was a target of the probe and added that he expected to be arrested and indicted soon.

Infosys: The IT services company announced an 11% increase in its consolidated net profit for the June quarterto ₹5,945 crore. The firm's revenue showed a 10% rise, climbing to ₹37,933 crore. Due to macroeconomic uncertainties, it has reduced its full-year growth forecast to 1-3.5% in constant currency, down from 4-7% projected earlier.

Imran Khan used a cable sent by the Pakistan embassy in Washington to blame the United States for orchestrating his ouster from power a month later, according to a report published by the news agency PTI.  “The minimum punishment for leaking an official secret was two years. But the nature of crime would change if the cypher was made public and its contents were leaked for vested interest then an accused can be sentenced to up to 14 years," the minister said.  Tarar stated that 14 years of punishment is the maximum in Pakistan and is also considered life imprisonment.

Utkarsh Small Finance Bank IPO: Shares of Utkarsh Small Finance Bank are going to hit Indian stock market after a short while as Utkarsh Small Finance Bank IPO listing date has been fixed on 21st July 2023 i.e. today. As per the BSE notification, effective from Friday, July 21, 2023, the equity shares of Utkarsh Small Finance Bank Limited shall be listed and admitted to dealings on the exchange in the list of 'B' group of securities.

KEI Industries, a part of the cable – electricals industry, has rallied by about 40% in the last 3 months pushing the stock to a fresh record high in July.

Yi Gang, the governor of the People’s Bank of China, revealed the milestone at a conference hosted by the Moneyary Authority of Singapore.As reported by Reuters, Yi Gang said the digital yuan has recorded over 950 million transactions, from 120 million wallets.Yi Gang told the conference: “You can see that right now, the balance of e-CNY is only counting two-tenths of 1% of M0, so that the balance is very small, but with this kind of balance (we) support a big number of transactions, which means that the velocity is high and more efficient.”The Chinese Government has made steady progress in seeding the digital currency across the country, with all banks and digital wallets from Alipay and WeChat onboard.

New Delhi: In view of emerging threat of vector borne diseases in the national Capital post Delhi floods situation, the city’s drug department has warned chemists or pharmacy shops to avoid sale of drugs like Aspirin, ibuprofen and diclofenac group of medicines without the prescription of registered medical practitioner.  Medical experts believe that these set of drugs cause destruction of platelets in human blood. A person diagnosed with dengue infection usually suffers from low platelet count which becomes a fatal condition.  These directions come in the backdrop of rainy season which tends to be the favorable condition for dengue, chikungunya and other vector borne disease.  An advisory issued by KR Chawla, Delhi’s drug controller stated, “Retail chemists are therefore, advised not to indulge in the over-the-counter sale NSAIDs drugs like Aspirin, ibuprofen and diclofenac group of medicines with immediate effect till further directions.

NEW DELHI : The stock price of Jio Financial Services Ltd was discovered at ₹261.85 apiece at a special pre-opening session conducted on Thursday, exceeding analysts’ estimates of ₹125-250. The National Stock Exchange scheduled the special pre-open session between 9 and 10 am to determine the price for Jio Financial in the capital market segment. The move followed Reliance Industries Ltd’s (RIL) decision to spin off its financial services business, Reliance Strategic Investments Ltd, and change its name to Jio Financial Services.

Amazon's US-based Whole Foods grocery stores will be able to pay for items by hovering their palm over a scanner, much like shoppers already do with smartphones or credit cards. The Seattle-based online giant will extend a service that was already available in 200 of the chain's 500-plus outlets, acquired in 2017, according to a press release issued Thursday.

HDFC Bank reported a huge profit growth in the first quarter of the current financial year. The Reserve Bank of India has now weighed in on India’s prospects of becoming a developed nation. After crossing the 65,000 mark on 3 July, Sensex continued its winning streak and added 2,000 points more in two weeks to close above 67,000 on 19 July.

New Delhi: New formal sector workers added under the Employees’ Provident Fund Organisation (EPFO) fell to about 1.63 million in May, down from 1.72 million recorded during the previous months, according to the latest payroll data released by the government.  About 1.68 million new workers were added to the formal sector during May 2022.  "The data indicates that around 8.83 lakh new members enrolled during May, 2023 are highest during the last six months. Among the newly joined members, the age-group of 18-25 years constitutes 56.42% of total new members added during the month," said a statement from the Ministry of Labour and Employment. "Around 11.41 lakh members exited but rejoined EPFO who may have switched their jobs and re-joined the establishments covered under EPFO and opted to transfer their accumulations instead of applying for final settlement thus extending their social security protection," it added.

WASHINGTON (Reuters) -The United States on Thursday said the first offshore wind power auction in the Gulf of Mexico will take place next month, an industry milestone President Joe Biden discussed during a trip to highlight the administration's efforts to boost clean energy.