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Companies making smartphones, refrigerators, wearables and twowheelers said they are producing up to 20% more inventory than last year for the upcoming festive season. They expect a demand revival during the country’s largest consumption period on the back of a good monsoon and stable inflation. “There’s pent-up demand in rural India, which will be unleashed by the monsoon. People there have not bought much in the past five years, which is Covid onwards, while the premiumisation trend is continuing strong in urban India,” said Kamal Nandi, business head at Godrej Appliances.

LG V K Saxena in tree feeling in ridge area, the Supreme Court on Friday directed the Delhi Development Authority (DDA) to inform it whether the order to cut trees was passed on basis of LG's oral permission or the agency independently took the decision. The apex court was hearing suo motu (on its own) contempt proceedings against the vice chairman of the DDA over alleged cutting of 1,100 trees in the ridge forest for a road widening project. Observing that there was a complete non-application of mind by Delhi LG in granting permission for felling of trees, a bench of Justices Abhay S Oka and Ujjal Bhuyan said it should have been informed on the first day of the hearing itself that the LG already had issued directions for tree felling. «What troubles us is that everybody has committed a mistake. First day, everybody should have come to the court and said there is a mistake by us. But cover up goes on and on. After four or five orders, truth comes out in the from of DDA officer's affidavit. All have committed the mistake including the Lieutenant Governor. Sorry state of affairs,» the bench said.

astronaut Tracy Dyson's spacesuit 31 minutes into a spacewalk outside the International Space Station (ISS) earlier this week, she was put in a terrifying scenario. The leak prompted Dyson and fellow astronaut Mike Barratt to abort their mission, which prompted the onboard team to look into the problem. Considering that NASA's existing spacesuit design is based on the Space Shuttle Program from the 1980s, this tragic event emphasized the critical need for new suits, as reported by 'Yahoo News'. Also Read: World's largest solar plant has five million PV panels. Where is it located and how much electricity will it produce? Know in detail

students were killed on Friday when a school in central Nigeria collapsed on pupils taking exams, according to an AFP correspondent. Trapped students were heard crying for help under the rubble after the Saint Academy school in Jos North district of Plateau State fell in on classrooms. Mechanical diggers tried to rescue the victims while parents desperately looked for their children.

Gujarat's Surat city has gone up to seven with the recovery of six more bodies overnight, police said on Sunday. The residential building, located in Pal area, collapsed at around 2.45 pm on Saturday. While a woman was rescued soon after the collapse, the body of a man was pulled out on Saturday night, an official earlier said.

Army personnel, including a junior commissioned officer, were killed and five others injured in a remote village of Kathua district of Jammu and Kashmir on Monday, when infiltrators ambushed a routine patrol vehicle near Badnota village of the area. Officials claimed that the incident took place at around 3:30 pm on the Machedi-Kindli-Malhar road, which is around 150 km from the main Kathua town. Elite para commandos have been deployed on the ground as the operation continued with the intermittent exchange of fire.

HCLTech, India’s third largest software exporter, reported a 6.8% sequential growth in net profit at Rs 4,257 crore, beating ET’s analyst poll estimates of Rs 3,745 crore. A fatter bottom-line came largely on the back of a spike in non-core income in the June quarter otherwise marked by sluggish demand. Revenues and margins declined sequentially. The company’s EBIT came at Rs. 4,795 crore, down 4.4% QoQ & up 7.5% YoY.

She replaces James Baxter-Derrington in the editor role, who has left to pursue other opportunities, and Investment Week would like to thank him for all his hard work on the brand during his tenure. Maddock-Jones joined Investment Week just over two years ago, originally as senior reporter before being promoted to features and comments editor. She initially joined from Trustnet, a UK investment fund news and research publication which is part of the FE fundinfo network, where she worked as a reporter. Maddock-Jones has five years experience working within the B2B editorial space fo...

Reserve Bank of India (RBI) has penalized five banks, including Punjab National Bank (PNB), in the first week of July for non-compliance with various RBI directions. PNB became the fifth bank to be penalized, with a penalty of Rs 1.31 crore. This penalty was imposed for non-compliance with RBI directions regarding 'Loans and Advances: Statutory and Other Restrictions' and the 'Reserve Bank of India (Know Your Customer (KYC) Direction, 2016'. Before PNB, the RBI penalized four cooperative banks with various penalty amounts. These banks include The Gujarat Rajya Karmachari Co-operative Bank, Gujarat; The Rohika Central Co-operative Bank, Madhubani, Bihar; The National Co-operative Bank, Mumbai, Maharashtra; and The Bank Employees' Co-operative Bank, West Bengal.

Mint examines this question and more. The Shanghai Cooperation Organisation (SCO) was formed in 2001. It evolved from an earlier avatar known as the Shanghai Five, comprising Russia, Kazakhstan, Kyrgyzstan, Tajikistan and China.

India vs Zimbabwe Live Score Updates: A young side, India, will take on Zimbabwe in the first match of the Sports 5 T20I series at the Harare Sports Club on Saturday. Notably, this will be the first time the Men in Blue have played in Zimbabwe since 2016.The Zimbabwe series has taken on new significance following the T20 World Cup victory and the subsequent retirements of Virat Kohli, Rohit Sharma and Ravindra Jadeja from T20 cricket. With fresh blood in the side, the Men in Blue will be looking to continue their winning ways.Zimbabwe, on the other hand, come into this series having lost their last series against Bangladesh 4-1 in May.

Immigration officials have launched deportation proceedings against five more suspected members of the Iranian regime found in Canada, according to newly released figures.

The 26-year-old woman, who claims to be a medical practitioner and operates a nursing home under the Marhaura police station, had been in a relationship with the 30-year-old man for five years. The man, a ward councillor for Marhaura Nagar Panchayat, had assisted her in establishing the nursing home. Authorities have arrested the woman. «A case has been filed under the Bharatiya Nyaya Sanhita (BNS) as of July 1,» stated Saran Superintendent of Police Kumar Ashish.

₹50,000 remain high. In particular, NBFC-fintech lenders, which have the highest share in sanctioned and outstanding amounts, also have the second highest delinquency levels, only below that of small finance banks." Indeed, the sharp growth in bank lending to NBFCs from 2.5% of the GDP in 2016-17 to 5.2% in 2023-24, suggests the rise of fintech's lending money. Also, with loans easily available over a smartphone, there has been a drop in lending standards at the lower end of the market, leading to higher delinquencies.

«I think inflation was one of the concerns. The other thing to a large extent was the candidate selection which was what coming in various constituencies that the candidate selection, people were unhappy because they were sitting MPs and had not done enough and of course the chemistry and mathematics of cycle and hand was working quite well,» says Sridhar Sivaram, Enam Holdings. At one point in time used to be the bandit area of UP, but now has the things changed in the rural side? Sridhar Sivaram: No, so, actually I went pre the election results and the ground feedback was similar to the results. I mean the feedback we got was about 10 to 15 seats lesser in UP than what they got the previous time more because of the selection of candidates. I mean Lakhimpur Kheri itself is a controversial constituency because of the person who was standing there.

Andhra Pradesh police registered an «attempt to murder» case against former chief minister YS Jagan Mohan Reddy, two senior IPS officers and two retired officials, following a complaint lodged by a TDP MLA, an official said on Friday. The complaint was lodged by the ruling party's Undi MLA K Raghurama Krishna Raju. Besides Reddy, police booked senior IPS officers PV Sunil Kumar and PSR Sitaramanjaneyulu and retired police officer R Vijay Paul and former Guntur Government General Hospital superintendent G Prabhavati, the official said. Vijay Paul and Prabhavati have superannuated. «Raju sent his police complaint through mail one month ago and after taking legal opinion, I registered a case at 7 pm on Thursday against the former CM and others,» the official told PTI. Raju also alleged that he was subjected to «custodial torture,» the official added.

capex agenda and retain focus on fiscal discipline, PSU stocks from the stable of railways and defence are leading the bull run with up to 77% return in just one month. A pre-Budget rally has taken most of these PSU stocks to fresh all-time high levels even as purists find the valuations to be quite bizarre when compared to their fundamentals. The current leg of the bull run has been largely led by Modi stocks — being used to denote scrips related to capex and infrastructure-linked sectors.

Clive* and Juliana are laser-focused on saving for the future. They are living frugally and aggressively paying off their mortgage to make sure they can retire in five years when they both turn 60, at which point they want to enjoy the sacrifices they are making today.

Nagaland five individuals are feared drowned in recent extreme weather events, including two children. The state has been witnessing flooding and landslides since last month. Heavy rainfall due to the ongoing southwest monsoon has caused widespread destruction, including fatalities and damage to infrastructure, crops, and properties across Nagaland. According to official assessment provided by the Nagaland State Disaster Management Authority (NSDMA) the first human casualty occurred in Tuensang on June 28, where two boys from Kejok village under Sangsangyu block of Tuensang district were swept away at Ayong nullah. One boy's body was retrieved on the same day.

army personnel were deployed in the hills and dense forests of Jammu and Kashmir's Kathua-Udhampur-Doda belt as the search for the terrorists behind the ambush on an army patrol in Kathua district entered its fourth day on Thursday. Since the attack on Monday, that killed five army personnel and injured as many, 60 people have been detained for questioning, including three individuals suspected of providing food and shelter to the terrorists, officials said. One those detained is a woman who cooked food and handed over it to a person. The quantity of food prepared was sufficient for «10 to 15 people», they said. Security agencies suspect that the food was intended for the terrorists, the officials added. In Kathua, senior police and Border Security Force officers from Jammu and Kashmir and Punjab met to discuss the security grid along the International Border (IB), from across which the terrorists are believed to have infiltrated, the officials said.

WWE world, John Cena, will soon bring the curtain down on his legendary WWE career. In a video posted on social media accounts of WWE, John Cena announced his retirement from the in-ring competition. He will bid farewell to WWE in 2025. The announcement that shocked many came during Cena's surprise appearance at WWE Money in the Bank in Toronto, Canada. «Tonight, I am officially announcing my retirement from the WWE,» he said in the clip.