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yields turned Indian mutual funds (MF) into large buyers of government debt in July, with the trend expected to continue on bets that bond yields are nearing their peak, at least two fund managers said on Wednesday. «The 10-year yield moving above 7.15% has made it attractive and people want to capture this move,» said Murthy Nagarajan, head of fixed income at Tata Mutual Fund said. An increase in inflows into debt schemes allowed MFs to invest in longer term bonds, the best option to put in large sums in the debt market, Nagarajan added, saying he does not expect yields to move sharply in near future.

Fixed income instruments are a series of cash flows. They carry a fixed rate of return and maturity period. Fixed income securities are issued by both, government and private companies.

G20 grouping, External Affairs Minister S Jaishankar said that India adopted an unconventional approach to its Presidency, making it much more connected with people. A major highlight of the second day of the Think20 (T20) Summit in Mysuru on Tuesday was a virtual address by Jaishankar, followed by a high-level interaction with him. Speaking on India's G20 Presidency, Jaishankar said that there have been «some achievements, some work in progress, and some hope in progress».

Manohar Lal Khattar's government in Haryana over violence in several districts of the state, former Uttar Pradesh chief minister Mayawati stated that «law and order situation has completely collapsed like in Manipur.» «Such communal incidents are unfortunate. The law and order situation in Haryana has completely collapsed much like in Manipur. Along with that, the state's intelligence system has also failed, which is unfortunate and worrisome,» the Bahujan Samaj Party (BSP) supremo said.

A class action against collapsed engineering group RCR Tomlinson will make a second attempt at mediation this month as investors question why the lawsuit has taken almost five years to resolve.

Oberoi Realty, part of the realty space, gave a breakout from a ‘rounding bottom’ pattern on the daily charts last week which has opened room for the stock to head towards Rs 1,200 levels, suggest experts. The stock broke out from the neckline of the rounding bottom pattern on 27th July 2023 which was placed around Rs 1,088 levels. The stock touched a fresh record high of Rs 1,127 on 28th July 2023.

Haryana Deputy Chief Minister Dushyant Chautala on Wednesday said the yatra organisers in Nuh did not provide complete information to the district administration, which resulted in the violence on Monday. Speaking to media persons on Wednesday, after the violence in the Nuh district claimed 5 lives, including that of 2 police homeguards, the Deputy CM vowed stringent action against those responsible. «The yatra organisers did not give complete information about the procession to the district administration, which resulted in the violence.

ITRs filed for AY 2023–24 totaled more than 6.77 crore as of July 31, 2023, which is 16.1% more than ITRs for AY 2022–23 (5.83 crore) as of the same date. Up until July 31, 2023, the Department also received 53.67 lakh ITRs from first-time filers, a reasonable indication of the expansion of the tax base. According to the PIB release, “The filing of ITRs peaked on 31st July, 2023 (due date for salaried taxpayers and other non-tax audit cases) with over 64.33 lakh ITRs being filed on a single day i.e. on 31st July, 2023.” Once you file your tax returns, you can find out its status as to whether the Income Tax Department has accepted and processed your ITR. In specific situations where any differences are found, you might need to respond to the ITD's notice.

BEIJING — U.S. investments in around 50 blacklisted Chinese companies have drawn the attention of the U.S. House of Representatives Select Committee on the Chinese Communist Party.

blamed Maman Khan for being responsible for the clashes in Haryana’s Nuh. He had “nothing to do with Nasi Junaid", he told AajTak.

Gurugram killed five. The Gurugram Police urged people to not pay heed to rumours and dial 112 in case of any help. Five people have been killed so far in the violence that erupted on Monday.

startups, contributing to 70% of economic investments in Haryana. Apart from companies, schools, and other educational institutes have also been shut on Wednesday (2 August) in Gurugram in light of the clashes. On July 31 communal violence erupted in Haryana's Nuh district which spilled over into neighbouring Gurugram, taking the lives of five people including an Imam and two home guards Haryana CM Khattar said the Nuh violence appeared to be part of a “big conspiracy" and warned of strict action against the culprits.

Western Australian Premier Roger Cook has denounced “extremist” protesters who descended on the home of Woodside chief Meg O’Neill and mounted a spirited defence of the natural gas industry, which he said was essential to the state’s energy transition.

Opposition's demand for Prime Minister Narendra Modi's presence in Parliament for a discussion on the Manipur issue, Rashtriya Janata Dal leader Lalu Yadav made a statement on Tuesday suggesting that PM Modi's absence might be due to a sense of guilt. «PM is seemingly avoiding it due to guilt,» remarked RJD chief Lalu Yadav. Regarding the rumored statement that PM Modi might leave the country after the 2024 Lok Sabha election, Lalu Yadav responded, «He seems to have plans to seek refuge elsewhere.

Donald Trump on Tuesday marks the first time that the former president has been formally held accountable for his efforts to overturn his 2020 election defeat. And it adds new details to what was already known about his actions, and those of his key allies, in the weeks leading up to the violent Jan 6, 2021 insurrection. The newest charges — Trump's third criminal indictment this year — include conspiracy to defraud the United States government and conspiracy and obstruction of an official proceeding, the congressional certification of President Joe Biden's victory.

Taparia Tools, a Mumbai-based engineering company, after it announced a dividend of ₹77.50 apiece recently. The pay out was considered exceptional given that the stock was at around ₹12 at that time. As many rushed to punch in the buy orders, they realised that the stock is hardly traded and lacks sellers.

ET Intelligence Group: There has been a lot of action in the Indian healthcare sector as it emerged from the shadows of the pandemic. Improved operational performance and private equity fuelled expansion by large players have ensured that hospital chains gain on valuations.Fortis Healthcare and Healthcare Global Enterprises hit a record highs on Tuesday, Apollo Hospitals and KIMS did so last week.

The former CEO of a respected South Carolina bank will spend seven years in federal prison for helping Alex Murdaugh steal nearly $2 million from clients' legal settlements

General Motors is recalling nearly 900 vehicles in the U.S. and Canada with Takata air bag inflators that could explode and hurl shrapnel in a crash

The Dutch government says a fire that had been burning on board a cargo ship carrying thousands of new cars appears to have burnt itself out after nearly a week

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