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Nifty Bank closed in the green for the third day in a row on Friday, which propelled the index above the 48,500 level in intraday trade. The index pared some gains but outperformed Nifty 50. The Nifty bank rose 430 points to close at 48,493, while Nifty 50 ended flat with a negative bias.

drones to destroy at least six military aircraft and badly damage eight others at an airfield in Russia's Rostov region, while Russian defense officials claimed they intercepted 44 Ukrainian drones and that only a power substation was damaged in the attack. The assault appeared to be one of Kyiv's biggest air attacks in the war, coming as its forces step up their assaults on Russian soil. The Associated Press could not independently verify either side's claims. Russia has escalated attacks on civilian infrastructure, including Ukraine's power plants, in recent weeks, signaling a new and potentially dangerous phase in the conflict as both sides struggle to achieve significant advances on the ground.

Kirandul police station limits when District Reserve Guard (DRG), Bastar Fighters and Central Reserve Police Force (CRPF) personnel were out on an anti-Naxal operation, the official said. «The operation was launched on Thursday based on inputs about the presence of Maoists in Purangel, Badepalli, Doditumnar and Gampur areas. After the exchange of fire ended, the body of a male Naxalite and a weapon were recovered from the spot. Further details are awaited as the operation is still underway,» he said. With this incident, the number of Naxalites killed in separate encounters in the seven districts in Bastar region this year has reached 47, the official said. On Tuesday, 13 Naxalites were killed in an encounter with security forces in Bijapur district in the region.

Norway plans to raise its military spending by an accumulated 600 billion crowns ($56 billion) through 2036 to bolster its defence against Russia and other security challenges, the NATO member country's government said on Friday. Overall military spending for the next 12 years is expected to amount to 1.62 trillion crowns, it said. «This plan represents a historic boost in defence spending, and involves a significant strengthening of all branches of the armed forces,» Prime Minister Jonas Gahr Stoere told a press conference.

Immigration Services (USCIS) has unveiled a temporary final rule (TFR) to make work permits more accessible to immigrants. This move builds upon recent efforts to modernize immigration processes, particularly regarding eligibility for employment authorization documents (EADs). Under the new rule, the automatic 180-day period for certain EADs will be extended to 540 days. This decision follows substantial improvements in EAD processing times over the past year, ensuring that work-authorized noncitizens do not face interruptions in their employment status while awaiting USCIS decisions on EAD renewal applications. By extending the validity period of EADs, the USCIS aims to maintain continuity for both immigrants and US employers. The Biden Administration has been actively working to integrate work-authorized individuals into the labor force, thereby supporting local economies.

In its March 2024 FOMC meeting, the US Federal Reserve indicated that it would cut interest rates in the second half of 2024. Following the US Fed, the RBI is also expected to cut interest rates in the second half of 2024. Once that happens, the banks in India may also cut interest rates on fixed deposits.

The bank will offer security for fiat reserves, working towards establishing more services for the Web3 ecosystem. In 2023, ZA Bank onboarded over 100 Web3 businesses, and gained over $1 billion in transfer turnover from Web3 clients.

Entering the realm of stock investing directly necessitates opening a 'demat' account. Functioning akin to a bank account, the demat account serves as a digital repository specifically for holding securities.

Nifty 50 ended flat as the Reserve Bank of India’s policy announcements had no major fireworks. The central bank left policy rates unchanged and also retained its stance of focussing on withdrawal of accommodation. The Nifty 50 ended flat at 22513.70 points, and on daily charts, it’s suggesting that the index is consolidating after a sharp run-up, which is a healthy sign.

When President John F. Kennedy met his French counterpart during the Berlin crisis of 1961, he found himself having to offer reassurances. With Moscow demanding that NATO withdraw its forces from the divided city, President Charles de Gaulle cast doubt on America’s determination to protect Europe.

Gold rate today: After climbing to record highs on Thursday, gold and silver prices came under sell-off pressure as the US dollar bounced back in early morning deals on Friday. The MCX gold rate for June 2024 expiry opened lower at ₹69,297 per 10 gm, which is around 0.50 percent lower from Thursday's close price of ₹69,707 per 10 gm level.

was approved by both Houses of Parliament. The Lok Sabha passed the bill on August 1, followed by the Rajya Sabha's approval through a voice vote on August 7.

CIBIL score after insolvency, also known as bankruptcy, is a gradual process, but it’s certainly doable with disciplined financial habits. You need to review your credit report, clear your bills on time, keep your credit utilisation low. One of the key advices to follow is be patient as rebuilding credit score takes a long time.

govt securities by logging on the website. As per the RBI Governor, «The RBI Retail Direct Scheme was launched in November 2021. It is now proposed to launch a mobile app for accessing the Retail Direct portal. This will be of greater convenience to retail investors and deepen the G-sec market. „ As per the statement given by RBI, “RBI Retail Direct Scheme, launched in November 2021, gives access to individual investors to maintain gilt accounts with RBI and invest in government securities. The Scheme enables investors to buy securities in primary auctions as well as buy/sell securities through the NDS-OM platform. To further improve ease of access, a mobile application of the Retail Direct portal is being developed. The app will enable investors to buy and sell instruments on the go, at their convenience. The app will be available for use shortly.»

Vedant Fashions with a target price of Rs 1000. The current market price of Vedant Fashions is Rs 943.25. Vedant Fashions Ltd., incorporated in the year 2002, is a Small Cap company (having a market cap of Rs 22883.18 Crore) operating in Apparels sector.

Pakistan that the intelligence officials deemed a threat to the nation's security, a report has claimed. These killings were reportedly part of India's plan to eliminate terrorists living on foreign soil, news daily The Guardian reported citing Indian and Pakistani intelligence operatives. The Guardian claims it has seen documents related to these 20 killings but was unable to independently verify them. ET Online has not verified these reports independently.

Indian stock market today: A total of 3 stocks have been banned for trade on Friday, April 5, 2024, under the futures and options (F&O) segment by the National Stock Exchange (NSE). The securities have been put on ban under the F&O segment as they crossed 95% of the market-wide position limit (MWPL), according to the NSE. However, the stocks will be available for trading in the cash market.

Donald Trump's bid to dismiss charges that he mishandled classified documents after leaving the White House. The Republican presidential candidate had claimed, in seeking to have the charges thrown out, that he had a right to keep the documents under the Presidential Records Act.

Lakshadweep will witness a triangular fight between NCP (Sharadchandra Pawar), Congress, and the Ajit Pawar-led NCP supported by the BJP. The incumbent Lok Sabha member Mohammed Faizal Padippura of NCP (Sharadchandra Pawar) is pitted against Congress' Muhammed Hamdulla Sayeed and Yusuf T P of NCP (Ajit Pawar). The Lakshadweep constituency, which is reserved for the Scheduled Tribes, will go to the polls on April 19 in a single phase.

Joe Biden threatened on Thursday to condition support for Israel's offensive in Gaza on it taking concrete steps to protect aid workers and civilians, seeking for the first time to leverage U.S. aid to influence Israeli military behavior. Biden's warning, relayed in a call with Prime Minister Benjamin Netanyahu on Thursday, followed a deadly Israeli attack on World Central Kitchen aid workers that spurred new calls from Biden's fellow Democrats to place conditions on U.S. aid to Israel. Israel said the attack was a mistake.

Sensex gained 350.81 points to close at 74,227.63, while the Nifty 50 settled 80.00 points, or 0.36%, higher at 22,514.65. Nifty 50 formed a small negative candle on the daily chart with a long lower shadow. “This pattern indicates presence of strong resistance at the new all-time highs and the sharp buying is emerging from the lower levels.