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SRF Ltd. gained 0.94 per cent to Rs 2403.95 at 12:02PM (IST) in Thursday's trade. The scrip has hit a high of Rs 2404.7 and low of Rs 2372.65 so far during the session. The stock had closed at Rs 2381.45 in the previous session. The counter has had a total traded volume of 1926 shares so far with a value of Rs 0.46 crore on the NSE. It traded at a price-to-earnings multiple of 53.16 and a price-to-book ratio of 6.63.

MUMBAI : Clouds of a disappointing monsoon season are hovering over the Indian economy. The pace of rainfall was a letdown in June, which typically marks the beginning of the monsoon season. But as the chart shows, the cumulative rainfall was in the deficit zone last month.

government's inspection of a Som Group distillery said child labourers, some aged between 13 and 17, were made to fill and pack liquor bottles and worked long hours. Police are investigating the use of child labour at the distillery in Madhya Pradesh state after the federal government's National Commission for Protection of Child Rights said last month it had found 58 children working illegally at the factory. The commission released photos of some with hands showing chemical burns and said some children were transported in school buses for factory work.

White House account on social media site X had some embarrassing moments when one of the posts went viral for all the wrong reasons. The official handle @POTUS was commenting on a judicial verdict pertaining to energy exports. In recent times, the Biden administration has put a temporary hold on the exports of Liquified Natural Gas (LNG) due to environmental reasons. Many of the Republican states have opposed this judicial verdict. The post on X has now been deleted after the faux pas was observed by social media users. Here is what transpired. Post on X: The official handle @POTUS was commenting on a ruling by a court in the state of Louisiana which lifted the Biden’s administration embargo on exports of LNG. He termed the decision of the court as incredibly disappointing. He assured the people that he will do his best to work towards ensuring energy security as well as protection of the environment.

Copa America 2024 is now going to the big stages after sixteen teams participated in the initial stages of the championship. Now, eight teams have qualified after the intense group stage matches that saw some nail-biting games with some of the top footballing nations in the world. As the quarterfinals approach, the competition will only get more intense and competitive as all the teams will give it all to proceed towards the semis of America's most coveted tournament.

Investors looking to make a broad-based thematic bet in a market that is trading at all-time highs can consider a banking fund to benefit from attractive valuations while diversifying their portfolio. Recent underperformance of the Nifty Financial Services Index, bank non-performing assets at decadal lows, lower valuations and strong growth prospects for the Indian economy, provide a good entry point, believe fund managers. Investors can make a lump sum investment and allocate 5-10% of their portfolio to such funds, fund managers say. Fund managers point out that the Nifty Financial Services Index has lagged the broader Nifty 50 index over the last three years. The Nifty Financial Services Index gained 17.19% and 43.24% in the last one and three years, respectively, underperforming the Nifty 50's gain of 25.26% and 54.19%.

apsaras Rambha and Sambha, carved in wood. Holding the 200 sq. ft room is a Manjit Bawa painting, depicting a cow and a leopard, their tongues out, forming an infinity sign.

Temporary residents and recent immigrants are driving up Canada’s unemployment rate, as record numbers of newcomers welcomed to the country to fill labor shortages are now struggling to find work. The unemployment rate for temporary residents – including foreign workers, international students and asylum seekers – was 11% in June, according to Bloomberg calculations. Using comparable data, the unemployment rate for all workers was just 6.2% last month. Immigrants who’ve landed in the last five years are also having a hard time finding a job, with their unemployment rate reaching 12.6% in June.

forex reserves dipped by $1.71 billion to $652 billion as of June 28, data shared by the Reserve Bank of India showed on Friday. Previously, forex reserves rose by $816 million to $653.7 billion for the week ending on June 21. Forex reserves expanded by $4.3 billion to hit a record high of $655.82 billion on June 7 this year.

Economists and some Federal Reserve officials are increasingly on alert that pain could be on the horizon for American workers amid signs the labor market is losing steam.

India will struggle to create enough jobs for its growing workforce over the next decade even if the economy grows at a rapid pace of 7%, Citigroup Inc. said, suggesting the world’s most-populous nation will need more concerted steps to boost employment and skills. Citi estimates India will need to create about 12 million jobs a year over the next decade to absorb the number of new entrants to the labor market. Based on a growth rate of 7%, India can only generate 8-9 million jobs a year, the bank’s economists Samiran Chakraborty and Baqar Zaidi wrote in a report this week.

A relatively slow cooling in the overall Canadian labour market combined with surging levels of unemployment among Canada’s youth is a trend that experts say could leave the country’s youngest workers with “economic scarring.”

solar-powered EV charging infrastructure and vertical forests are among the new ideas the Delhi government is contemplating to address the twin challenges of air pollution and climate change. The other innovative ideas include creating charging sites and battery-swapping stations by repurposing lamp posts, parking spots and petrol stations. Also, "smart poles" combining fast-charging functions, public Wi-Fi, and the internet of things could soon become a reality in Delhi, a government official said. These ideas were discussed at a meeting of Delhi's State-Level Steering Committee on Climate Change in June and are likely to be incorporated in the city government's new action plan on climate change. While climate change is exacerbating heatwaves and heavy rain events in the crowded and land-locked city, studies show that air pollution is shortening the lives of Delhi residents by 11.9 years.

LONDON—By Friday, British Prime Minister Rishi Sunak will almost certainly be drummed out of Downing Street and his ruling Conservative Party facing its deepest hole in more than a century. Polls ahead of Thursday’s U.K.

Marico Ltd. rose 0.93 per cent to Rs 650.8 in Friday's trade. It hit an intraday high of Rs 651.0 and low of Rs 636.75, respectively, during the day. The stock quoted a 52-week high price of Rs 666.85 and low of Rs 486.75.

Surveys of Chinese factory managers show a mixed outlook for the world's No. 2 economy, with growth steady but not picking up much steam

silver steadied. Gold August futures contracts and silver September futures contracts on Monday opened flat at Rs 72,966 per 10 grams and Rs 93,380/kg respectively. Gold August future contracts at MCX opened flat today at Rs 70,977 per 10 gram, which is down by merely 0.16% or Rs 112 while silver September futures contracts were trading at Rs 88,743/kg, down by 0.44% or Rs 392.

Venezuela’s recent crackdown on crypto is unlikely to dent enthusiasm for tokens, with data showing people in the nation remitted $461 million worth of coins in 2023.

Exports of mangoes from West Bengal's Malda district have been hit this year as exporters have failed to secure remunerative prices from overseas buyers, while sellers are getting lucrative prices in the domestic market, officials said on Saturday. Importers from the UK and the UAE had initially shown interest, which could not materialise in shipments due to price disagreements, they said. Sellers, however, are getting good responses from the domestic market as around 17 tonnes of Malda mangoes were sold between Rs 100 and Rs 150 a kg in an expo in Delhi, the officials said. Wholesale prices surged by 50-80 per cent due to a combination of low-crop and high-quality produce.

Trillions of dollars stand to be passed via inheritance from the Silent Generation to Gen Xers over the next 10 years, and that will mean a lot of hirings and firings of financial advisors.