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05.06 / 08:19

markets COST Airlines reports Traffic Indian Airlines face bigger losses in FY25 despite higher demand, says CAPA India

CAPA India estimated losses for the year ending March 2025 at between $400 million to $600 million. The industry reported a loss of $300 million - $400 million the previous year, helped by market leader IndiGo's record profit.Overall airline costs are expected to rise 3.8% in the fiscal year 2025, the consultancy added.

05.06 / 08:01

markets Election Moodys stage reports consolidation Modi govt's fiscal consolidation pace post-Covid worse than peers? Moody's report flags weaker fiscal, debt metrics

Moody's rating agency has highlighted that India's fiscal consolidation pace post-Covid has underperformed compared to its peers, including emerging markets in the Asia-Pacific region.

05.06 / 08:01

Sustainability WhatsApp stage hospital reports guidelines evacuation Massive fire at Delhi's Lajpat Nagar eye hospital, 12 fire tenders at spot

fire broke out at an eye hospital in southeast Delhi's Lajpat Nagar area on Wednesday, according to officials. There are no reports of injuries so far, stated a Delhi Fire Services (DFS) official.

05.06 / 08:01

markets Manufacturing Election Research wellness band reports ITC among 18 large and midcap ideas from Motilal Oswal's post-election anxiety

valuations like industrials, PSU, defence and banking may turn attractive again from a risk-reward perspective, domestic brokerage firm Motilal Oswal said today while giving out a list of 18 large and midcap stock ideas following election results. From the large cap category, the brokerage firm has picked stocks like ICICI Bank, ITC, HCL Tech, Coal India, L&T, M&M, Ultratech, CIFC and Hindalco.

05.06 / 08:01

markets SUN Healthcare hospital reports recommendations HUL, HDFC Bank among 31 stocks ideas likely to bounce back post NDA win

stocks across sectors like FMCG, auto, pharma/hospitals, private banks, capital goods, commodities, telecom, consumer durables, etc. may likely see a bounce back as the NDA looks set to retain power, says domestic brokerage firm Prabhudas Lilladher. Given expected focus on rural India and normal monsoons, sectors like consumer, auto, pharma, private banks, durables etc. might come to focus, wherein the domestic brokerage stated that it had recently increased weights in model portfolios.

05.06 / 07:19

BTC Assurant Bitcoin hack Bitcoin reports Investigations Japan-Based DMM Bitcoin Plans to Raise Funds to Buy BTC After Suffering Major Hack

Crypto exchange DMM Bitcoin based in Japan, which suffered a major hack losing 4,502.9 Bitcoin on Friday, is planning to raise funds to buy BTC in order to compensate its customers.

05.06 / 06:47

Binance Fox President reports US Leaders Press Biden Admin to Facilitate Release of Binance Exec Held in Nigeria

Twelve US lawmakers have urged President Joe Biden to facilitate the return of Tigran Gambaryan, a Binance executive held in Nigeria for over three months on allegations of money laundering and tax evasion.

05.06 / 05:55

Election DAL performer reports Lok Sabha Election results 2024: What if Naidu, Nitish ask for the unthinkable from Modi 3.0?

National Democratic Alliance (NDA) looks set for a third term with 293 seats in the 543-member Lok Sabha. The Bharatiya Janata Party (BJP) bagged 240 seats, short of the 272-seat majority. This leaves the saffron party scrambling for support from two of its allies, Chandrababu Naidu and Nitish Kumar.

05.06 / 04:47

Citi SEC Boxing community reports Department Debt Box SEC Announces Regional Office Closure Post-DEBT Box Ruling

The SEC’s Salt Lake City office, recognized in the crypto community due to its unsuccessful litigation against DEBT Box, is set to close. This decision follows a notable decrease in its workforce, including individuals who departed due to reported involvement in the case.

05.06 / 04:43

markets UPS Remark Trade reports Updates Multibagger Angel One shares jumps 7% after company's client base rose 63.3% in May

Angel One shares surged by 6% during early morning trade today, reaching ₹2296 apiece, following a positive response from investors to the company's May business update. The update revealed a substantial increase in the company's client base, which soared to 23.83 million in May 2024 from 14.59 million in May 2023, marking a remarkable surge of 63.3%.In terms of transaction volume, Angel One processed 158.72 million orders in May 2024, representing a substantial year-on-year increase of 75.2%.

05.06 / 03:57

Gap security Election BAY reports gatherings INDIA eyes TDP, JD(U) to keep Modi, Shah at bay? BJP's future hangs on coalitions; alliances crucial like never before

Lok Sabha Election Results 2024 LIVE UpdatesIn this scenario where no single party has secured an independent mandate, alliances become pivotal for forming a government. Negotiations and discussions between the NDA and the INDIA Bloc with potential allies are essential to secure support and establish a coalition government.

05.06 / 03:57

Digital Action Mobile WhatsApp show social reports Technology: SMS pings back to life to cut out digital noise

Internet in India Report 2023 report by not-for-profit industry body Internet and Mobile Association of India (IAMAI) showed that internet users in India have crossed the 800 million mark. Ninety per cent of them use the internet daily, spending an average of 1.5 hours. Apart from consuming OTT content, communication remains one of the top activities done on the internet in India.

05.06 / 02:35

markets UPS DOW economy reports How major US stock indexes fared Tuesday, 6/4/2024

U.S. stocks held relatively steady after a report suggested the job market is cooling

05.06 / 02:35

Citi FIVE BLOCK Waters Flushing reports Atlanta officials say water repairs are done after 5 days of outages and service is being restored

City of Atlanta officials say workers finished repairs on a ruptured water main on Tuesday

05.06 / 02:35

COST UPS Workday wellness reports Summer hours can be a way for small business owners to boost employee morale and help combat burnout

As the temperature heats up and summer approaches, small business owners may be considering offering summer hours, such as an early release on Fridays, for employees to help combat burnout

05.06 / 02:35

markets Manufacturing Research Trade show reports Rate Cut Wall Street stocks end slightly higher as weak jobs data supports rate cut

Axos Financial drops after Hindenburg Research shorts stock U.S. stocks ended a shade higher on Tuesday following softer-than-expected labor market data that reaffirmed expectations of an interest rate cut by the Federal Reserve.

05.06 / 02:35

markets IPO economy Election wellness reports India bankers predict IPO surge as election uncertainty lifts

market for share sales including initial public offerings, and as elections come to a close, a bumper crop of deals is poised to set a record as investors seek to tap the rapid growth in the region’s third-largest economy. About $3.9 billion has been raised in India via IPOs so far this year, more than double the same period in 2023, and a tally that’s higher than the combined amount raised in South Korea and Hong Kong, according to data compiled by Bloomberg.

05.06 / 02:35

Reuters WhatsApp Trade show information reports Oil slips for sixth consecutive day on big builds in US oil, fuel stocks

Oil prices extended losses slightly from the previous session in early Asian trading on Wednesday after an industry report showed builds in U.S. crude and fuel stockpiles, adding to concerns around demand growth. Brent crude futures fell 14 cents, or 0.2%, to $77.38 a barrel by 0005 GMT. U.S. West Texas Intermediate crude futures fell 18 cents, or 0.3%, to $73.07 a barrel.

05.06 / 02:35

economy Election wellness country reports testing Lok Sabha election results: Nomura says India's economic fundamentals remain robust

India's economic fundamentals remain robust, investment bank Nomura said on Wednesday after the results of the country's general elections paved the way for Prime Minister Narendra Modi's third consecutive term in office. Modi is poised to form the government for a third consecutive term with the BJP-led National Democratic Alliance (NDA) getting a majority in the Lok Sabha, notwithstanding crushing losses in three Hindi heartland states after a bitterly fought election that was projected as a referendum on his popularity.

05.06 / 02:35

Landmark Opinion Food Research reports Department patient Panel rejects psychedelic drug MDMA as a PTSD treatment in possible setback for advocates

Federal health advisers have rejected the first-ever proposal to use MDMA as a treatment for PTSD

05.06 / 02:29

markets Election trends Trade Experts reports recommendations Indian stock market: 8 key things that changed for market overnight - Gift Nifty to Lok Sabha election results 2024

Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — June 5On Tuesday, the Indian stock market suffered a massive selloff after the Lok Sabha election result trends fell short of what the exit polls had predicted, spooking investors.The Sensex crashed 4,389.73 points, or 5.74%, to close at 72,079.05, while the Nifty 50 settled 1,379.40 points, or 5.93%, lower at 21,884.50.“Markets will likely shed the 'Modi premium,' causing a correction in PSU and infra stocks. Once this turbulence stabilizes, attention will shift to the core macro factors affecting India.

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