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monsoon showers that typically causes migration of unskilled workers to agriculture. Work demand under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) usually drops when better-paying employment opportunities are available with strong economic growth. About 22.80 million individuals demanded work in July under the scheme, down 21.6% from a year earlier, showed the preliminary data compiled by the rural development ministry. With this, the work demand contracted for a ninth straight month through July, showed the data. The individuals represented 18.90 million households in July, down 19.5% from a year before and 28.4% from the previous month.

Despite missing penalties, the team led by Harmanpreet Singh scored the first goal of the match in the first quarter against the German rival who failed to score a goal. After trailing in first quarter, however, Germany showed their dominance by turned things around and scoring two goals against India. In the third quarter, India was seen making a comeback by tying the score with Germany at 2-2. In the final quarter, however, Germany again won the field by scoring another goal against the Indian team which sealed the former's victory and road ahead to the finals against the Netherlands.

Yale Program on Climate Change Communication, in collaboration with C-Voter, Tuesday released the Yale Climate Opinion Maps for India. This new online interactive tool provides the first-ever estimates of public responses to climate change in 34 of India’s 36 states and union territories, and in 604 districts, depicting the variation in global warming knowledge, beliefs, risk perceptions, and policy preferences at state and local levels across the country. Prior studies of public responses to climate change in India have often provided results only at the national level. The recent national survey in India found that large majorities in India are worried about climate-related hazards, but until now we had little information about the diversity of climate opinions within the country. While national data show that 41% of people in India say they know a lot or something about global warming, there is substantial geographic variation within the country. In Gujarat, 52% of Indians know a lot or something about the issue, whereas in Maharashtra, only 33% report this level of knowledge. More Indians living in state capital cities say they know a lot or something about global warming compared to other districts. 74% think global warming will cause more severe heat waves and 85% are worried about global warming.

₹5,000 crore on data centres over the next few years, Vittal said, which is similar to the capex it had outlined in 2021 for three years. Having postponed its call for a ₹15,000-crore rights issue due to strong cash reserves in the business, the Sunil Mittal-promoted carrier will look at paring expensive debt and distributing dividends to shareholders, as a mix to channel the future free cash flows. The telco paid ₹24,250 crore high-cost spectrum dues from the 2012 and 2015 auctions.

By Jake Fuss and Grady Munro

The summit, scheduled on 14 October, is expected to gather around 300 industry leaders in a move to «catalyse investment in the UK», according to the UK government. Chancellor Rachel Reeves, who is meeting the three CEOs in New York this week, reiterated once again that «Britain is open for business» and added that by signing up «to our international investment summit, it shows they believe it too». «They recognise we have taken some difficult decisions to fix the foundations of our economy and set us on a path to sustained economic growth as the government's number one mission – it ...

Elements, the planning tech firm known for its financial vitals system for advisors, has introduced a new feature aimed at improving goal-setting and client outcomes.

TV series ‘Barzakh’ has been pulled down, after it faced a huge backlash due to its daring take on queer love. The show debuted on July 19 on Zindagi's YouTube channel and ZEE5. However, the producers have announced via Zindagi's official Instagram account that the series will be removed from the video-sharing platform. In their statement, the creators expressed their gratitude to the global audience for their 'steadfast support' as they take down the six-episode series. “We, at Zindagi and Team Barzakh, extend our heartfelt gratitude to our global audience for their unwavering support for Barzakh — a show that was created to bring people together everywhere,” read the official statement shared on the Instagram handle of Zindagi.

Mint has reviewed a copy of the petition. The administrator said the company’s debt stood at ₹26,000 crore when it was admitted into insolvency on 6 December 2021, and implementation of the resolution plan for Reliance Capital is important not only for its lenders but the banking sector in general. The NCLT is likely to take up the matter on Wednesday, a lawyer aware of the matter said on condition of anonymity.

Power Finance Corporation on Tuesday posted over 20 per cent rise in its consolidated net profit to Rs 7,182.06 crore in June 2024 quarter compared to a year ago, mainly due to higher revenues. The company reported a consolidated net profit of Rs 5,982.14 crore in the quarter ended on June 30, 2023, a regulatory filing showed. Total income rose to Rs 24,736.68 crore in the quarter from Rs 21,017.81 crore in the same period a year ago.

recession in the US have contributed to the collapse in equity markets. Major US stock indexes fell sharply on Monday. The Dow Jones Industrial Average fell 986.88 points, or 2.48 per cent, to 38,750.38, the S&P 500 lost 152.23 points, or 2.85 per cent, to 5,194.33 and the Nasdaq Composite dropped 563.51 points, or 3.36 per cent, to 16,212.65.

US stock futures rose on Monday as some buyers waded into the market, following a three-day global selloff that was fueled by fears of a US economic slowdown and extreme tech-sector valuations. 

It’s an old cliché but the phenomenon known as Turnaround Tuesday — when markets rebound from a selloff at the start of the week — is an opportunity that shows up time and again in the data. The bad news is such recoveries don’t guarantee a bottom has been reached.

Services PMI: Steep price hikes could take the wind out of companies' sails On the flipside, industrial volume fell around 5%, led by subdued performance of its telecom segment owing to a high base. These misses caused some brokerages to downgrade their earnings forecasts. Motilal Oswal Financial Services Ltd cut its FY25 and FY26 earnings-per-share estimates by 10% and 16%, respectively, to factor in the increase in commodity prices.

Turnaround Tuesday — when markets rebound from a selloff at the start of the week — is an opportunity that shows up time and again in the data. The bad news is such recoveries don’t guarantee a bottom has been reached. Investor psychology during a rout tends to begin with jitters on Thursday, hedging on Friday and all-out selling on Monday, according to Brent Donnelly, veteran trader and president of trading analysis firm Spectra Markets. By Tuesday, the downdraft is primed for a reversal, he wrote in a note published Monday.

Global crypto exchange behemoth Binance is reportedly facing goods and service tax (GST) issues in India, according to sources.

Also Read: In charts: Big shifts in India’s jobs market in last 40 years Since the youth prefer the stability of salaried employment, and also show a desire to find such opportunities in or around their village, it’s important to bring the economy to the people and create opportunities for aspirational migration, the report said. India’s rural labour market is still dominated by agriculture, employing 49% of male workers and 76% of the female workers, according to the government’s 2022-23 Periodic Labour Force Survey.

In a post on X (formerly Twitter), Agrim Gupta pointed out that artificial intelligence (AI) systems today are capable of generating 10 times more pixels every two years. Based on his analysis of the rate at which AI-generated video is improving, he concluded that if things continue at this pace, we will have AI-generated TV shows by 2029 and full AI-generated movies by 2031. Services like Sora and Kling have already begun to show us what this might look like.

Tata Elxsi Ltd. traded 0.55 per cent up at Rs 6809.6 at 01:14PM (IST) on Tuesday, even as BSE benchmark Sensex gained 369.1 points to 79128.5. The scrip had closed at Rs 6772.1 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 9191.1 and Rs 6406.6, respectively.

Bharat Forge Ltd. gained 0.59 per cent to Rs 1560.15 at 10:56AM (IST) in Tuesday's trade. The counter has hit a high of Rs 1606.15 and low of Rs 1558.45 so far during the session. The stock had closed at Rs 1550.9 in the previous session. The counter has had a total traded volume of 14203 shares so far with a value of Rs 2.24 crore on the NSE. It traded at a price-to-earnings multiple of 76.83 and a price-to-book ratio of 7.33.

REC Ltd. traded 1.17 per cent up at Rs 585.85 at 10:51AM (IST) on Tuesday, even as BSE benchmark Sensex gained 424.29 points to 79183.69. The scrip had closed at Rs 579.05 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 653.9 and Rs 198.95, respectively.