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ITC and Bharti Airtel’s weights in Nifty is expected to go up in the quarterly rejig which gets into effect on Thursday, triggering combined inflows of $95 million according to estimates by Nuvama. Individually, ITC’s weight could go up by 10 bps to 3.7% resulting in potential inflows of $59 million while Airtel’s weight could go up to 3.6%, up 10 bps resulting in inflows of $36 million.

Multibagger stock: Hazoor Multi Projects shares are one of the multibagger stocks that the Indian stock market has delivered in the recent years. Once a penny stock, this multibagger stock has ascended from around ₹1.50 per share to ₹354 apiece, logging around 23,800 percent rally in five years.

Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY), Mahila Samriddhi Saving Certificate, Kisan Vikas Patra, National Savings Certificate (NSC), and Senior Citizen Savings Scheme (SCSS) have their interest rates due for review. The government determines the interest rates for these small savings schemes every quarter.The government had kept the interest rates on small savings schemes unchanged for the April-June quarter.Ashish Aggarwal, Director at Acube Ventures, suggests that a hike in interest rates would signal a move towards encouraging household savings, which have been stagnant in recent years.

₹125.70 and ₹127 respectively. The stock quickly gained momentum, reaching an intraday high of ₹133.35 on NSE and ₹131.95 on BSE.

₹51 crore from anchor investors.The ₹171-crore IPO is an entirely fresh equity share issue without any component of an offer-for-sale. On June 26 and 28, shares will be available for public subscription at a price per share between ₹195 and ₹207.The company intends to use the revenues from the IPO for general corporate purposes and expansion initiatives at the Bilaspur site.Under the Vraj brand, the firm produces sponge iron, M.S.

Delhi BJP on Wednesday said Chief Minister Arvind Kejriwal was bound to be arrested by the CBI in the excise policy case as the agency had presented incriminating documents against him in court. The documents presented before the court in the excise policy «scam» established that Kejriwal was the «mastermind» behind it. The excise policy was formulated under his supervision and a «big scam» was committed, Delhi BJP president Virendra Sachdeva told PTI Videos. There was no immediate reaction from Kejriwal's Aam Aadmi Party (AAP) on his arrest by the CBI or the BJP's claims. Earlier in the day, a Delhi court allowed the CBI to formally arrest Kejriwal in the alleged excise scam.

MCX gold August future contracts have been trading flat so far this week, falling by just Rs 70. It opened at Rs 71,515 per 10 gram today while the prices for silver July contracts on MCX fell by a little over Rs 2,000 in the same time period, opening at Rs 87,082/kg. On Tuesday, gold and silver settled on a weaker note in the international and the domestic market. Gold August futures contract settled at Rs 71,467 per 10 grams with a loss of 0.45% while silver July futures contract settled at Rs 86,937 per kilogram with a loss of 2.32%.

Boeing as the U.S. Justice Department has until July 7 to decide whether to prosecute the planemaker after prosecutors alleged the company violated a deferred prosecution agreement related to two fatal crashes, with lawyers recommending criminal charges.Officials alleged in May that the 2021 agreement, which shielded Boeing from a criminal charge of conspiracy to commit fraud arising from the 2018 and 2019 fatal crashes involving the 737 MAX jet, had been breached.Arnold & Porter law firm partner Deborah Curtis told Global News the recommendations of charges will add to the impact Boeing has been dealing with in the past months.“This is not something that’s going away easily for Boeing at all,” she said in an interview.

World Health Organization said in a new study, calling it a “silent threat” that needs greater attention.Data published in The Lancet Global Health journal on Tuesday showed that more than a third (31.3 per cent) of the global adult population — or roughly 1.8 billion people — did not meet the WHO’s recommended levels of physical activity in 2022.This was an increase of almost four percentage points from 2016, when 27.5 per cent of the global population was insufficiently physically active.For adults, the WHO recommends 150 minutes of moderate-intensity, or 75 minutes of vigorous-intensity physical activity, or its equivalent combination of activities, each week.In Canada, 37.2 per cent of adults were reported as physically inactive in 2022, the WHO study showed, going up from 31.1 per cent in 2010 and 25.6 per cent in 2000. If these trends continue, by 2030, the prevalence of physical inactivity in Canada could go up to 41.4 per cent, the WHO estimates.“Unfortunately, the world is not going into the right direction,” said Ruediger Krech, WHO’s director of health promotion, during a virtual news conference.“Physical inactivity is a silent threat to global health, contributing significantly to the burden of chronic diseases such as cardiovascular diseases, cancers, diabetes or respiratory diseases,” he said.The WHO study looked at the levels of insufficient physical activity for 197 countries and territories between 2000 and 2022.

IPO) of Vraj Iron and Steel opened for subscription earlier today. The company plans to raise around Rs 171 crore through the issue, which closes on June 28. The IPO comprises only a fresh equity issue of up to Rs 171 crore.

Stock Market News: The domestic benchmark indices, the Sensex and the Nifty 50, rose early on Wednesday, with the Sensex reaching a new all-time high level. However, shortly after, investors began to take profits, and the market began to move sideways.In early trade, the 30-share BSE Sensex increased by 134.64 points to reach a new all-time high of 78,188.16.

In May, the International Financial Services Centres Authority, or IFSCA, the unified financial sector regulator at Gift City, sent a clutch of recommendations to the central government. One suggestion was to bring parity in the taxation of funds set up in Gift City with that applicable for domestic mutual funds.

Pre-Budget Consultation with experts from the employment and skill development sectors to take suggestions for the forthcoming General Budget 2024-25, in New Delhi, on Tuesday. Leading names in the sector of skilling and employment such as Anshuman Magazine, Suchita Dutta, Sarvesh Agrawal, and Gayatri Vasudevan were present in the meeting. After the meeting, Anshuman Magazine, former Chairman of CII Northern Region and CEO-India, South East Asia, Middle East and Africa, Global Commercial Real Estate Services, said that the experts conveyed the need for skilled people. He said, «Basically the discussion was centered on skilling and employment generation. People from different sectors tabled their suggestions during the meeting. Considering the huge number of graduates coming out from the colleges, the experts suggested how can we make them job ready.»

Indian stock market: Despite weak global cues, Indian stock market benchmarks, including the Sensex and the Nifty 50, reached new record highs on Tuesday, June 25. The Nifty 50 reached a new all-time high of 23,754.15, while the Sensex also achieved a fresh peak of 78,164.71 during the session.The Nifty 50 concluded the session up 183 points, or 0.78%, closing at 23,721.30, while the Sensex posted a gain of 712 points, or 0.92%, finishing at 78,053.52. Both indices achieved record closing levels.“Nifty steadily inched upwards to make a fresh high of 23,754 levels.

Buy or sell stocks today: Following a rally in the banking stocks, the Indian stock market ended higher on Tuesday. Before ending at the 23,721 mark, the Nifty 50 index touched a new lifetime high for the 34th time in 2024.

revision of goods and services tax (GST) rules is likely to bring relief for India’s aircraft maintenance and repair industry which has for long been trying to take advantage of the booming aviation market in India. Last week, the 53rd GST council recommended a uniform 5% tax on imports of parts, components, testing equipment, tools and toolkits of aircraft, irrespective of their HSN code. HSN, or Harmonised System of Nomenclature, is an internationally acceptable numerical code used to classify products for taxation purposes.

Ramsey Solutions personality Jade Warshaw breaks down how to get the most out of your Social Security check and more on The Bottom Line.

According to a FE fundinfo survey of 103 UK asset managers with at least £1bn in assets under management, 79% of firms considered data intelligence increasingly important, with 48% planning to significantly invest in data management infrastructure, while 88% agreed that accurate and timely data is essential in the context of driving asset growth. In addition, 47% of respondents saw asset growth as a top challenge over the next three years, highlighting the pressure of rising costs and narrower margins on returns across the industry. TILLIT removes five funds from recommended list foll...

Lounge asked four yoga practitioners and trainers to share their daily yoga rituals, and a few they’d recommend to a yoga novice. Also read: The benefits of doing yoga everyday‘Yoga gave me this magical second life’– Anshuka Parwani, certified yoga and wellness expert and founder, Anshuka Yoga, Mumbai How my journey into yoga began: I used to be a pilot and a near-fatal accident had left me immobile with multiple fractures. I was bedridden for long and that’s when yoga came to me as therapy.

Vraj Iron IPO date: Vraj Iron and Steel IPO opens for subscription on Wednesday, June 26, and closes on Friday, June 28.Vraj Iron IPO price band: Vraj Iron and Steel IPO price band has been fixed in the range of ₹195 to ₹207 per equity share of face value of ₹10.Vraj Iron IPO lot size: Vraj Iron and Steel IPO lot size is 72 equity shares and in multiples of 72 equity shares thereafter.Anchor investors: The allocation to anchor investors for Vraj Iron and Steel IPO is scheduled to take place today (Tuesday, June 25).Vraj Iron IPO details: Vraj Iron and Steel IPO, worth ₹171 crore is completely a fresh issue of 8,260,870 equity share; there is no offer for sale (OFS) component, according to Red Herring Prospectus (RHP).Vraj Iron IPO objective: The company plans to use the proceeds from the IPO for general corporate operations and an expansion project at the Bilaspur site.Vraj Iron IPO listing date and allotment details: It is tentative that on Monday, July 1, the Vraj Iron and Steel IPO basis for share allocation will be finalized. On Tuesday, July 2, the business will begin refunds, and the shares will be deposited to the allottees' demat accounts the same day after the refund.

Central banks should be preparing for the transformative impact artificial intelligence will have on the financial system and the economy, according to a new report issued by the Bank of International Settlements (BIS).