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optimism around increased industrial usage of the metal have fuelled a rally in the shares of Hindustan Zinc, which surged nearly 19% intra-day Friday to hit a lifetime high of ₹540.95. With Friday's gains, the shares have gained more than a staggering 80% since April, with a rally in zinc prices also contributing to the gains. While the stock remains in a positive momentum, experts are cautioning against buying the stock at current levels, and in fact, recommend taking some profits off the table given that valuations are expensive after the recent gains.

A promising start has given way to challenging political realities for supporters of a bipartisan commission to tackle the federal government’s growing debt challenges

Also Read: TBO Tek IPO allotment to be finalised on May 13. Latest GMP, steps to check status Investors can check Aadhar Housing Finance IPO allotment status on the BSE website as well as on the official portal of IPO registrar.

Also Read: Indegene IPO allotment out. Latest GMP, listing date, how to check status Investors can check their TBO Tek IPO allotment status online on the website of BSE or the IPO registrar. Kfin Technologies is the TBO Tek IPO registrar.

security situation along the Line of Actual Control in eastern Ladakh on Friday. The COAS was given a detailed briefing about the force's combat readiness at the headquarters of the Fire and Fury Corps in Leh. «General Manoj Pande, #COAS visited the Fire and Fury Corps to review the security situation & preparedness in #Ladakh,» the Army posted on X.

Zerodha, Motilal Oswal and Kotak Securities have begun seeking self-declarations from clients stating that such positions are taken only against unhedged exposure within the $100 million limit across all foreign exchange contracts stipulated by the Reserve Bank of India (RBI). On 5 January, the RBI said while users could take exchange-traded currency derivatives (ETCD) positions in dollar, yen, euro and pound with rupee as the other pair up to $100 million across all recognized exchanges, without having to establish underlying exposure, the exchanges must inform them that they should be able to establish the existence of a valid underlying exposure which has not been hedged.

Biden administration on Friday said Israel's use of U.S.-supplied weapons may have violated international humanitarian law during its military operation in Gaza, in its strongest criticism to date of Israel. But the administration stopped short of a definitive assessment, saying that due to the chaos of the war in Gaza it could not verify specific instances where use of those weapons might have been involved in alleged breaches. The assessment came in a 46-page unclassified State Department report to Congress required under a new National Security Memorandum (NSM) that President Joe Biden issued in early February.

United Nations General Assembly just before it passed a resolution for supporting full membership of Palestine. The UNGA on Friday voted overwhelmingly for a resolution asking the Security Council to make Palestine, which has UN observer status, a full member. The resolution was passed by a resounding majority of 143 votes in favour including by India while 25 countries abstained, and nine nations, including the United States and Israel, voted against it.

Ecommerce firm Meesho has closed a $275 million funding round through a mix of primary and secondary share sales, two people aware of the matter said. A regulatory filing with the US Securities and Exchange Commission (SEC) also indicated share transfer at Meesho’s US parent firm without offering further details.

asset reconstruction companies (ARC) next week to discuss corporate governance and stressed-asset resolutions amid concerns of potential back-door entry by defaulting promoters, people with knowledge of the development told ET. The Reserve Bank of India (RBI) has asked the chairman of the board, chairman of the audit committee, and managing director of the ARCs to attend the May 17 meeting in Mumbai. Two Reserve Bank executive directors and senior Mint Road officials will also participate in the meeting, the first by the banking regulator that will see the participation of all 27 registered ARCs. The meeting comes amid allegations that ARCs often strike deals with defaulting promoters, effectively giving them a back-door entry at a steep discount. Under Section 29A of Insolvency and Bankruptcy Code (IBC), defaulting promoters are prohibited from giving a resolution plan to lenders.

Air Vanuatu has filed for bankruptcy protection a day after it cancelled all international flights, stranding thousands of travelers

Lithuania is holding a presidential election on Sunday at a time when Russian gains on the battlefield in Ukraine are fueling greater fears across all of Europe about Moscow's intentions

South Korea has vowed to protect its companies operating in other markets after Japanese regulators told LY Corp., which runs the popular chat app Line, to reduce its dependence on Naver, the Korean partner in the venture

The Academy of Motion Picture Arts and Sciences announced a $500 million fundraising campaign Friday to ensure long-term, global support for its Oscar prizes, museum, educational programming and screenings in view of its 100th anniversary in 2028

The Biden administration is planning to announce new tariffs on electric vehicles, semiconductors, solar equipment and medical supplies imported from China

A European naval force has detained six suspected pirates after they opened fire on an oil tanker traveling through the Gulf of Aden

from Chinese spying. The Kansas House's top GOP leader accused Gov. Laura Kelly of “apathy" toward serious national security threats from China and other nations declared by the U.S.

Bella Ramsey, known for her roles in 'The Last Of Us' and 'Game Of Thrones', will portray Sherafiyah Lewthwaite, also known as the White Widow, in the upcoming film 'Girl Next Door'. Ramsey's casting in this challenging role adds depth to the narrative of one of the West's most wanted terrorism suspects. Filming

NSCN-IM (National Socialist Council of Nagalim — Isak-Muivah) has expressed apprehensions regarding the potential resurgence of severe human rights violations in Nagalim if the ongoing talks fail to yield positive outcomes. Emphasising the urgency of concluding the prolonged Indo-Naga political dialogue in an honorable manner, NSCN-IM referenced the signed Framework Agreement. In this agreement, the Government of India officially acknowledged the distinctiveness of Naga history and recognised the independent nature of the Naga people. The agreement also outlined the coexistence of the Nagas and Indians, sharing sovereign power. NSCN-IM said that inspite of all the commitments and agreements, the Government of India is trying to backtrack and disown the Framework Agreement by creating situations through the agencies of its surrogate Naga factions, opportunists and the neighbouring peoples who are hostile to the cause of the Nagas. The Government of India is playing time. But the Naga people under the banner of National Socialist Council of Nagalim stand firm on the historic Framework Agreement signed on the August 3, 2015.

Kuwait's Emir Sheikh Meshal al-Ahmad al-Sabah said in a televised speech on Friday that he has dissolved parliament. The Emir also suspended some of the constitutional articles for a period not exceeding four years during which all aspects of the democratic process will be studied.

Aadhar Housing Finance IPO subscription status: Aadhar Housing Finance IPO, backed by private equity major Blackstone, received a subscription of 24.49 times on the third and final day of bidding. The portion for Qualified Institutional Buyers (QIBs) was booked 72 times.