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BEIJING — China's National Bureau of Statistics on Monday said the country's second-quarter GDP rose by 4.7% year on year, missing expectations of a 5.1% growth, according to a Reuters poll.

Regional Meteorological Centre (RMC) in Guwahati has also not issued any warning except predicting some rains in Barak valley and a few districts of central Assam. Meanwhile, a report by Assam State Disaster Management Authority (ASDMA) on Sunday night said that one person each died in Karimganj and Nilambazar revenue circles of Karimganj district. With this, the total number of people losing their lives in this year's flood, landslide, storm and lightning has increased to 109.

Avenue Supermarts Ltd. with a target price of Rs 5500. The current market price of Avenue Supermarts Ltd. is Rs 5070.05. Avenue Supermarts Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 321699.65 Crore) operating in Retail sector.

ACC Ltd. with a target price of Rs 3300. The current market price of ACC Ltd. is Rs 2707.4. ACC Ltd., incorporated in the year 1936, is a Large Cap company (having a market cap of Rs 50678.15 Crore) operating in Cement sector.

Kalyan Jewellers India Ltd. with a target price of Rs 570. The current market price of Kalyan Jewellers India Ltd. is Rs 501.75. Kalyan Jewellers India Ltd., incorporated in the year 2009, is a Small Cap company (having a market cap of Rs 51571.89 Crore) operating in Gems and Jewellery sector.

China and Russia's naval forces on Sunday kicked off a joint exercise at a military port in southern China on Sunday, official news agency Xinhua reported, days after NATO allies called Beijing a «decisive enabler» of the war in Ukraine. The Chinese defense ministry said in a brief statement forces from both sides recently patrolled the western and northern Pacific Ocean and that the operation had nothing to do with international and regional situations and didn't target any third party. The exercise, which began in Guangdong province on Sunday and is expected to last until mid-July, aimed to demonstrate the capabilities of the navies in addressing security threats and preserving peace and stability globally and regionally, state broadcaster CCTV reported Saturday, adding it would include anti-missile exercises, sea strikes and air defense.

Bandhan Bank, Chambal Fertilizers & Chemicals, GMR Airports Infrastructure, Gujarat Narmada Valley Fertilizers and Chemicals (GNFC), India Energy Exchange (IEX), India Cements, Indus Towers, Piramal Enterprises (PEL) and RBL Bank. The Future & Options contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%.

Pennsylvania man,Thomas Matthew Crooks, has been identified as the suspected shooter who tried to assassinate former president Donald Trump at a campaign rally this weekend. Secret Service snipers killed Crooks on Saturday after he fired multiple shots at the rally in Butler, Pennsylvania, from a nearby rooftop. As authorities seek to understand his motivations, here is what we know of the alleged gunman:

HDFC Life, Jio Financial, HDFC AMC, Angel One, and SpiceJet, among 36 companies will declare their earnings. Apart from the above, other results to watch out for include that of Hatsun Agro, KBC Global, Kelton Tech, Modern Engineering, Monarch Networth Capital, Oasis Securities, Rajoo Engineers, Sheetal Cool Products, Tahmar Enterprises, Styrenix Performance, and others.

ChatGPT in November 2022, doomsayers have argued that Generative AI will ring a death knell for the industry as it makes much of the work redundant. Krithivasan dismissed these fears. "As Roy Amara mentioned, we tend to overestimate the effect of a technology in the short run and underestimate the impact in the long run.

HCL Tech, DMart, Jio Financial, HDFC Life, Kotak Bank among others will be in focus due to news developments and first quarter results. HDFC Life, Jio Financial, HDFC AMC, Angel One, SpiceJet Shares of HDFC Life, Jio Financial, HDFC AMC, Angel One and SpiceJet will be in focus as the companies will announce their first quarter results today.

₹1.6 trillion from ₹2.42 trillion during the corresponding period of 2023-24, show data from BSE and NSE. The total number of issues fell to 247 from 287. The total amount of corporate bonds raised through the EBP also saw a sharp decline sequentially.

According to the MSME Ministry's FY23 annual report, MSMEs play a crucial role by contributing approximately 30% to India's GDP. While the market is flourishing, MSMEs face business challenges such as financial planning, pricing strategy, legacy methods, and digitalization that affect their overall functioning. During these challenging times, they require expert guidance to address these issues, face them head-on, and move upwards and onwards. Seasoned business leaders can act as mentors and provide valuable insights into market trends, customer behavior, and competitive strategies.

construction technology and the implementation of the Real Estate Regulatory Authority (RERA), ensuring home buyers receive their homes on time, according to a report by a real estate consulting firm. In the top seven cities, the average completion time for smaller projects of fewer than 500 units is now four years, while larger projects with more than 500 units take about 4.9 years to complete, as per data from Anarock. The market share of large and listed developers has also increased significantly, contributing to the timely delivery of projects, the report noted.

Adani Power, JSW Energy, Jindal Power, Vedanta Group, Torrent Power and state-owned NTPC are among 15 companies that have submitted formal expressions of interest (EOIs) for giving a resolution plan to take over the debt-laden Sinnar Thermal Power near Nashik in Maharashtra. The 1,350 MW power plant, a subsidiary of RattanIndia Power, was initially developed by Indiabulls Power. It is a rare power producer readily available in India where building a green field project is both time-consuming and costly. Bidders have till later this month to submit an initial resolution plan, which will include a ₹10 crore deposit, people familiar with the matter said.

Alphabet is in advanced talks to acquire cybersecurity startup Wiz for roughly $23 billion, a person familiar with the matter told Reuters on Sunday. A deal could come together soon, the source said, requesting anonymity as the discussions are confidential.

import duties, flagging dumping of chemicals from China. Crop Care Federation of India, which represents key players in the agrochemical sector, has sought an increase in import tariffs, currently at about 7.5%. «The government should raise import tariffs by 7.5% counteracting Chinese predatory pricing and monopolistic practices with targeted tariff,» said Harish Mehta, senior advisor, Cropcare Federation of India, adding that this will safeguard the chemical industry, which is a key contributor to the nation's GDP and exports. An increase between 5% and 7.5% in tariffs will go a long way towards levelling the playing field on the price front for domestic players, it suggested. The industry in its representation has pointed out that the Indian chemicals sector was trade surplus as recently as 2020-21 but reported a $17 billion trade deficit in FY23, arguing that predatory trade practices by foreign players, notably from China are largely behind this swing. As per industry estimates, the global chemicals industry is already worth $5,000 billion and India's share is small, valued at $220 billion in 2022. Industry in its representation has also made a case to fast-track trade remedy measures including making BIS standards mandatory in specialty chemicals and agrochemicals by line ministries along with need to expedite regulatory approvals by respective ministries (agriculture, health, environment) with preference for domestic manufacturing projects.

Consumer spending on mobile services in India slumped sequentially in the fourth quarter of FY24, which was reflected in lower revenues for telecom operators from their postpaid services business as well as reduced payouts for data services, according to an assessment collated by the telecom regulator. User spending on mobile services (post-GST) rose a modest 1.4% sequentially to about Rs 55,524.5 crore in the fourth quarter of FY24 — 44% lower than the 2.5% sequential growth clocked in the third quarter of FY24 — as per latest sector performance data issued by Telecom Regulatory Authority of India. According to analysts, the sequential dip in postpaid service revenue in the fiscal fourth quarter was caused by rising sales of low-value M2M (machine-to-machine) SIMs or 'connections'.

Union budget round the corner, it's customary to discuss fiscal prudence and consolidation. But it's also the right time to talk about the need for policy changes, especially those that can unshackle the agriculture sector. First, a word of caution for votaries of minimum support price (MSP) as the primary tool of making the agriculture sector work better. Total value of agricultural and allied output in India is about ₹56 tn, out of which share of food grain is only 17%. Out of this, GoI is able to procure through MSP only 6% of the total agri and allied output, though it has entailed an expenditure of ₹3.4 lakh cr in FY23. (Interestingly, GoI procures 92.8% and 73.6% of paddy produced by Punjab and Haryana, respectively. For wheat, these ratios are 72% and 56.6%, respectively.) Livestock at 31% tops the list, followed by vegetables, fruit and spices at 26%. Fishing and forestry produce corner 7% policy share each. So, it's a grave policy mistake to use MSP as the primary tool of price discovery in agriculture, not to mention as a political tool. Alternatively, the politics of 6% procurement clearly obfuscates a better deal for the 71%.

Alexey Pertsev, the Tornado Cash developer recently sentenced to five years and four months in prison on money laundering charges by a Dutch court, faces continued detention.

Shivraj Singh Chouhan on Sunday alleged that the JMM and the Congress had made a total of 461 promises in their manifestos before the previous assembly elections in Jharkhand but those were «nothing but a bundle of lies». The BJP election in-charge for Jharkhand was in Ranchi to attend a party programme. «JMM had made 144 promises to the people in its manifesto, while the Congress had made 317 promises. In all, the alliance had made 461 promises but those were nothing but a bundle of lies,» Chouhan said while speaking to reporters at the BJP headquarters here. He said that the JMM, in its manifesto, had promised to provide lakhs of jobs and unemployment allowances of Rs 5,000 to Rs 7,000 to youths.