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ITC Limited has recommended the reappointment of Sanjiv Puri as the company's chairman and managing director for a second term of five years. The resolution seeking his reappointment as chairman and managing director of the diversified conglomerate will be put to vote at the company's annual general meeting to be held on August 11, 2023, according to a notice sent to the shareholders on Tuesday.

Nepal Army and Nepal Police has retrieved all the bodies of victims from a helicopter crash site in Solukhumbu District of Nepal. «We have recovered all the bodies at the crash site.

«And the predominant reason for that was effectively the core earnings growth was actually relatively subdued. You experienced little bit of earnings downgrade for four quarters in between for the financial year 23,» says Shridatta Bhandawaldar, Canara Robeco.How do you read the current market status? Do you see there is near-term consolidation or you think the party that we are witnessing is about to get over? And specifically talking about mid-caps, do you think it is an overvalued space now?As far as markets are concerned, are they at new high? Yes, of course they are at new high. But one has to step back and think as to why they are at new high and why did not they go to new highs for 18 months or 15-16 months in between.

Authorities in Iceland have warned tourists and other spectators to stay away from a newly erupting volcano that is spewing lava and noxious gases from a fissure in the country’s southwest

The wealth management and investment needs of a millionaire client and those of a multi-millionaire are not the same and Charles Schwab wants to make the distinction.

A lawyer representing two women's civil action against hedge fund founder Crispin Odey has asked the City watchdog to safeguard assets ahead of potential proceedings against him.

After answering tens of thousands of questions for KPMG staffers, the consultancy’s custom ChatGPT tool is now available for clients to build their own chatbots, powered by OpenAI’s generative artificial intelligence.

Meta Platforms's Instagram is planning to bring its branded content tools to Threads, Axios reported on Tuesday. The Threads app launched by Instagram as a rival to Twitter has signed up more than 100 million users in less than five days, smashing the record of AI tool ChatGPT for fastest-growing consumer app.

Supreme Court has deferred further hearing in the Adani-Hindenburg case to August, media reports said. Hearing the case on July 11, the CJI asked about the status of the investigation, to which the solicitor-general said that Sebi has time till August to conclude the investgations.

Nothing is all set to unveil its second generation flagship smartphone Phone (2) in an Known for its iconic transparent design, Phone (2) comes with Snapdragon 8+ Gen 1 chipset. It will be pre-loaded with Nothing OS 2.0, with a new-and-improved user interface. According to Nothing, Phone (2) is one of the most sustainable smartphones with recyclable materials and plastic-free packaging.

Indonesia’s top diplomat is warning of the threat posed by nuclear weapons, saying that Southeast Asia is “one miscalculation away from apocalypse” and pressing for world powers to sign a treaty to keep the region free from such arms

A New Zealand prosecutor says tourists received no health and safety warnings before they landed on the country’s most active volcano ahead of a 2019 eruption that killed 22 people

A U.N. envoy says sporadic armed clashes between Yemen’s Houthi rebels and government forces are straining peace efforts, and the rivals are now also battling over revenue from ports, trade, banking and natural resources

Celebrities, lawmakers, brands and everyday social media users are flocking to Meta’s freshly minted app Threads to connect with their followers, including many Twitter refugees tired of the drama surrounding Elon Musk’s raucous oversight of that platf...

Credit information—a record of the loan repayments made by a borrower that is collected by credit information companies (CICs)— is a critical barometer to gauge an individual’s financial health and helps address the problem of asymmetric information between borrowers and lenders. Financial institutions check the credit history or financial behaviour of an individual before taking decisions relating to credit and loan agreements. CICs also offer value-added products like credit scores.

Mutual Fund SIP calculation: Small Cap funds have emerged as one of the most popular mutual fund categories for investors seeking very high returns over the long term. And most of the small-cap funds have not disappointed investors by giving over 17% returns under their direct plans. However, five top-performing small-cap funds have given over 22% returns under their direct plans.

A private commercial helicopter with six people aboard including five Mexican nationals that went missing near the Mount Everest area in Nepal on Tuesday has crashed in a hilly terrain in the country’s eastern region, officials said. The Manang Air NA-MV chopper took off from Surke Airport in Solukhumbu district at 10:04 am for Kathmandu and suddenly lost contact at an altitude above 12,000 feet at 10:13 am, said Gyanendra Bhul, Manager at Tribhuvan International Airport (TIA).

New Delhi: The market for critical minerals, essential for powering clean energy technologies, has experienced a remarkable surge, doubling in size over the past five years, the International Energy Agency (IEA) said in a report on Tuesday. The IEA’s inaugural Critical Minerals Market Review, released today along with a new online data explorer, highlights the soaring demand for minerals like lithium, cobalt, nickel, and copper driven by the increasing deployment of clean energy technologies such as electric vehicles, wind turbines, and solar panels.

₹247.4 and the bull case fair value is ₹273.65 over the next three-four quarters. Investors can buy the stock in the band of ₹222-228 and add more on dips to ₹195-201 band," said HDFC Securities. HDFC Securities pointed out HUDCO has off late ventured into corporate lending activities for urban infrastructure including power, lending to Gridcos in states.

Nepal, where six people were killed in a helicopter crash on Tuesday, has a history of deadly air crashes. Below are details of plane and helicopter crashes this century in the Himalayan country, where several airlines fly to small airports in remote hills and mountains shrouded in clouds and cut off from roads.

The Associated Press.  The chopper was returning to the capital Kathmandu on Tuesday morning after bringing the five tourists on a sightseeing trip to the world's highest park.  A search effort was underway involving another helicopter in the skies and police along with soldiers on the ground. Much of the mountainous area is only accessible on foot with no roads, AP reported.  Sagar Kadel, an Airport official said that weather conditions had caused changes to be made to the helicopter's planned flight route.