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ICICI Prudential Life Insurance Company Ltd. traded 0.63 per cent up in Friday's trade at 11:42AM (IST). Around 12,534 shares changed hands on the counter. The scrip opened at Rs 605.4 and touched an intraday high and low of Rs 609.25 and Rs 598.85, respectively, in the session so far. Shares of the company of ICICI Prudential Life Insurance Company Ltd. quoted a 52-week high of Rs 640.8 and a 52-week low of Rs 463.5.

carbon dioxide (CO2) removal credits could reach up to $100 billion a year between 2030 and 2035 from $2.7 billion last year if barriers to its growth are addressed, a report by management consultancy Oliver Wyman said on Thursday. Worsening climate change and inadequate efforts to cut emissions have led U.N. scientists to estimate billions of tons of carbon must be removed from the atmosphere annually by using nature or technology to meet global climate goals. Demand for credits has begun to increase from sectors as diverse as technology and finance, chemicals and aviation but it’s not yet large enough to drive the scale of projects that experts say are needed, the report by Oliver Wyman, the City of London Corporation and the UK Carbon Markets Forum said.

Donald Trump has said his administration opted out of the landmark Paris Climate Accord in 2017 as it was a «rip-off» which would have cost Washington USD 1 trillion, as he claimed that India, China and Russia weren't paying for it. Trump, the presumptive candidate of the Republican Party, made the claims at the first of presidential debates with his Democratic Party rival President Joe Biden on Thursday, where the two 2024 presidential candidates sparred over the state of the economy, border, foreign policy, abortion, national security and climate change. During their roughly 90-minute debate marred by personal attacks, Trump, 78, claimed that the Paris Climate Accord would have cost USD 1 trillion and the US was the only country that had to pay.

Ambuja Cements Ltd. rose 0.96 per cent to Rs 666.9 in Friday's trade as of 10:51AM (IST) even as the benchmark Nifty ruled at 24127.85, up 83.35 points. The scrip had closed at Rs 660.55 in the previous session. The stock quoted a 52-week low of Rs 404.0 and a high of Rs 690.0. The company quoted a market-cap of Rs 163600.66 crore on the BSE.

Sobha Ltd.(up 0.91 per cent), Godrej Properties Ltd.(up 0.79 per cent), Sunteck Realty Ltd.(up 0.46 per cent), Brigade Enterprises Ltd.(up 0.39 per cent) and DLF Ltd.(up 0.32 per cent) were among the top gainers.

The counter has had a total traded volume of 109733 shares so far with a value of Rs 10.96 crore on the NSE. It traded at a price-to-earnings multiple of 71.79 and a price-to-book ratio of 23.03.

An analysis of equities over the past four quarters revealed nine stocks that have consistently achieved gains of at least 25% in each of the last four quarters, thereby transforming into multibaggers.

Bank of Maharashtra plans to raise up to 10 billion rupees ($119.88 million), including a greenshoe of 7.5 billion rupees, through Basel III compliant tier 2 bonds maturing in 10 years, three people said on Friday. The state-run bank has invited bids from investors and bankers for the proposed bond issue on Tuesday.

Red Chillies Entertainments posted a Rs 85 crore net profit for the fiscal year ended March 31, 2023, compared with a loss of Rs 22 crore in the previous financial year, according to the company’s latest regulatory filings. Revenue rose 2.3 times to Rs 300 crore from Rs 130 crore in FY22, the filings with the Ministry of Corporate Affairs showed. The privately held company has yet to report results for the fiscal year through March 2024.

Delhi: A massive fire broke out in a factory located in the Okhla Phase 2 area in the national capital city in the early hours of Friday. Upon receiving the information and acting swiftly on the incident, the officials from the fire department, along with the fire tenders, immediately rushed to the spot. Meanwhile, efforts are underway to douse the fire, as firefighting is still underway on the spot.

heavy rain in a few areas of Delhi-NCR, ahead of the monsoon's formal arrival. The ceiling of Delhi Airport Terminal 1 collapsed this morning due to heavy downpours. Metro service update: Yashobhoomi Dwarka Sector 25 Metro station's entry and exit will be closed due to heavy rainfall. Additionally, until further notice, the Aerocity Metro station to Terminal 1-IGI Airport shuttle service has been discontinued. All other lines will continue to provide regular services.

Ebrahim Raisi. Amirhossein Ghazizadeh Hashemi, 53, dropped his candidacy and urged other candidates to do the same “so that the front of the revolution will be strengthened," PTI reported.Ghazizadeh Hashemi was one of Raisi's vice presidents and the head of the Foundation of Martyrs and Veterans Affairs.

Budget 2024: Tax and consultancy firm EY, as quoted by Moneycontrol, said in a report on June 27 that the government should raise the basic exemption limit under the new tax regime from ₹3 lakh to ₹5 lakh to provide taxpayers with more disposable income.

Kohli has scored 75 runs at an average of 10.71 and a strike rate of 100. This is in stark contrast to the veteran batsman's IPL 2024 season, where he scored 741 runs in 15 matches at a strike rate of around 155.Despite the lack of runs during the World Cup, skipper Rohit Sharma backed his star batsman after Thursday's win over England. Speaking to reporters after the match, Rohit confirmed Virat's place for the T20 World Cup final against South Africa on Saturday.Talking about his opening partner's form, Rohit said, “Look he is a quality player, any player can go through that (lack of form).

European Union on Thursday, disbursed Euro 1.9 billion for Ukraine amid its ongoing conflict with Russia. European Union President Ursula von der Leyen, said that the fund under the Ukraine Facility is aimed to keep the Ukrainian state running as they «fight for freedom.»

Gold prices edged lower on Friday but were headed for their third consecutive quarterly rise, while investors looked toward key U.S. inflation data due later in the day that could throw some light on the Federal Reserve's stance on interest rate cuts. FUNDAMENTALS

Going by the Reserve Bank of India’s (RBI) latest Financial Stability Report released on Thursday, banks are nice and stable. Bad loans as a proportion of overall loans are at multi-year lows, with their gross ratio standing at 2.8% in March 2024, which could decline further to 2.5% by March next. Their capital buffers have been well over regulatory minimums, and tests show they would be adequate in stress scenarios.

NEW DELHI : Every Friday, Plain Facts publishes a compilation of data-based insights, complete with easy-to-read charts, to help you delve deeper into the stories reported by Mint in the week gone by. Despite arriving early, the annual monsoon rains have been deficient in June so far, while the government has imposed stock limit on wheat to control price rise. The Adani Group is planning to nearly double its capital expenditure in 2024-25.

banks are well capitalised and capable of absorbing macroeconomic shocks, with lenders likely to report higher-than-required capital ratios even under the most severe stress scenarios, the Reserve Bank of India (RBI) said. «Under the baseline scenario, the aggregate CRAR (capital to risk weighted asset ratio) of 46 major banks is projected to slip from 16.7% in March 2024 to 16.1% by March 2025,» the RBI said in its June 2024 Financial Stability Report.

household debt, having already raised the risk weighting on unsecured retail exposure to moderate the pace of credit expansion in a loan segment that could prove vulnerable in the future. «With overall household savings declining to 18.4% of GDP (gross domestic product) in FY23 from an average of 20% of GDP over 2013-2022, and coupled with an increasing trend in financial liabilities, household debt warrants close monitoring from a financial stability perspective,» the Reserve Bank of India (RBI) said in its latest Financial Stability Report released on Wednesday.

Reserve Bank of India has expressed concerns over risks arising from financial institutions' dependence on artificial intelligence and third-party information technology. This risk could intensify in tightly interconnected institutions, the central bank said in its bi-annual Financial Stability Report. A major cyber incident in these IT service providers may in turn impact multiple regulated entities simultaneously, causing a cyberattack on a system-wide level. «In the recent past, multiple incidents involving payment and settlement systems have led to significant disruptions in interbank transactions and payment failures,» the report stated.