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01.06 / 13:37
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Plot to harm Salman Khan: Lawrence Bishnoi gang planned to harm actor with gun used to kill Sidhu Moose Wala
Also Read: Salman Khan house firing: How the arrested fifth accused Mohammad Rafiq Chaudhary played a crucial role"Lawrence Bishnoi's gang was preparing to kill actor Salman Khan with the Turkey-made Zigana pistol which was also used to kill Punjabi singer Sidhu Moosewala," reported ANI quoting Navi Mumbai Police.In April, police launched a probe after they received a tip about a conspiracy to target the actor at his farmhouse in the Panvel area."In April, we received information that some people are conducting a recce at the Panvel farmhouse of Salman Khan. We infiltrated our informers and police officers into Lawrence Bishnoi gang's WhatsApp groups and other social media," ANI quoted Vivek Pansare, DCP Zone II (Panvel), as saying.Also Read: ‘Salman Khan should come to our temple and…’: Bishnoi community head open to consider apology in blackbuck casePansare said that upon receiving the information, police and informers began tracking the chatter after infiltrating WhatsApp and other social media groups of the Bishnoi gang.He added that four accused were arrested from Hyderabad, Bengaluru and Sambhajinagar.
01.06 / 13:37
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Expert View | OPEC to extend supply curbs till 2H; Crude oil seen at $70-$90 in 2024: Kotak's Kaynat Chainwala
is working on a complex deal to be agreed on Sunday that will allow the group to extend some of its deep oil production cuts into 2025.Also Read: Built-in capacity to targets: Why OPEC+ members clash over oil production capacity—ExplainedThe group is currently cutting output by a total of 5.86 million barrels per day (bpd), equal to about 5.7 per cent of global demand. The cuts include 3.66 million bpd by OPEC+ members valid through to the end of 2024, and 2.2 million bpd of voluntary cuts by some members which expire at the end of June.Despite deep production cuts Brent crude prices are trading near their lowest this year at $81 per barrel, down from a peak of $91 in April, pressured by elevated stocks and concerns over the global demand growth.The Paris-based watchdog International Energy Agency (IEA) had lowered its forecast for 2024 oil demand growth, widening the gap with OPEC+ in terms of expectations for this year's global oil demand outlook.
01.06 / 13:33
01.06 / 11:55
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Inflation measure closely watched by the Fed rises 0.3% in April
Bolvin Wealth Management Group President Gina Bolvin discusses the move in commodities, expected inflation data, the housing industry and her outlook for consumers.
01.06 / 11:29
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Lok Sabha elections 2024 stock picks: Texrail, SBI, Bharti Airtel among 5 stock recommendations by Yes Securities
Also Read: Lok Sabha Election Phase 7 Voting Live Updates: 49.68% voter turnout till 3 pm; sporadic violence in West BengalIn an attempt to take into account the expected outcomes of the results of the national election, market analysts believe that the equities market remained volatile and biased downward throughout the week. As the voting process gets underway early next week, the market can remain jittery until the final results are revealed and the market takes a clear course.
01.06 / 07:35
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Buy or sell: Sumeet Bagadia recommends three stocks to buy on Monday - June 3
Buy or sell stocks: As investors shifted their bets ahead of next week's national elections, the domestic benchmark indices, the Nifty 50 and the Sensex, wavered between gains and losses on Friday, closing marginally higher but recording their first weekly decrease in three.The S&P BSE Sensex rose by 0.1% to 73,961 points, while the NSE Nifty 50 finished the day up 0.2% at 22,531 points.Prior to giving up the gains, both benchmarks went up as much as 0.7% in early trading.Today, June 1, marks the end of India's weeks-long election campaign. On June 4, votes will be tallied.
01.06 / 07:07
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An inflation gauge closely tracked by Federal Reserve rises at slowest pace this year
A price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing after running high in the first three months of this year
01.06 / 06:53
01.06 / 06:13
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STOIC hits India with 'Zero Zeno': Israeli firm tries to disrupt Lok Sabha elections; pushed anti-BJP, pro-Congress content
OpenAI said STOIC, a political campaign management firm in Israel, generated anti-BJP and pro-Congress content in Indian elections alongside about the Gaza conflict. This operation was nicknamed 'Zero Zeno', after the founder of the stoic school of philosophy.
01.06 / 03:01
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peace
Mirwaiz hopes new govt in New Delhi takes realistic approach of dialogue for long lasting peace in Kashmir
Mirwaiz Umar Farooq to address Friday congregation at historic Jama Masjid in Srinagar during which he expressed hope that the new government in New Delhi will take a realistic approach in dealing with Kashmir imbroglio and ensure long lasting peace through dialogue.
01.06 / 02:21
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Musk charged with $7.5M insider trading on Tesla stock
Elon Musk had inside knowledge of a miss on production and delivery numbers that Tesla Inc. was facing when he sold more than $7.5 billion in stock in 2022, a shareholder in the electric vehicle maker claimed in a lawsuit.
01.06 / 01:59
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Mexico's drug cartels and gangs appear to be playing a wider role in Sunday's elections than before
Sunday’s elections that will determine the presidency, nine governorships and about 19,000 mayorships and other local posts. The country’s powerful drug cartels have long staged targeted assassinations of mayoral and other local candidates who threaten their control. Gangs in Mexico depend on controlling local police chiefs, and taking a share of municipal budgets; national politics appear to interest them less.
01.06 / 00:45
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At 5.6% of GDP, FY24 fiscal gap beats target
fiscal deficit at 5.6% of gross domestic product (GDP) in FY24, beating revised estimate of 5.8% on the back of improved resource mop-up and curtailed revenue expenditure, putting it on track to adhere to the glide path. In absolute terms, the FY24 fiscal deficit stood at ?16.54 lakh crore, down from the revised estimate of Rs 17.35 lakh crore and FY23 level of Rs 17.38 lakh crore, showed the official data released on Friday. A lower-than-anticipated deficit in FY24 and a generous surplus transfer by RBI earlier this month make the government's goal of reining in fiscal gap at 5.1% of GDP in FY25 seem more realistic now, experts said. Total Receipts Hit Rs 27.89 Lakh cr
31.05 / 19:31
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Sweden, Norway ink long-term security deals with Ukraine
Volodymyr Zelenskyy concluded long-term security agreements with Sweden and Norway on Friday, a sign of Western commitment to Ukraine as Kyiv seeks further military support from the West in the war with Russia. Zelenskyy visited Stockholm as Western nations discuss whether to let Kyiv use weapons provided by them to strike targets inside Russia. The security deals with Sweden and Norway bring to 15 the number of agreements Kyiv has signed with Western nations. Under the latest deal, Sweden will transfer two ASC 890 surveillance aircraft — seen as crucial for identifying incoming cruise missiles and drones and identifying targets in the air and at sea — as well as its entire stock of armoured tracked personnel carriers. But Stockholm will not yet transfer Saab Gripen fighter jets to Ukraine. Sweden joined the Western military alliance this year and does not have such jets.
31.05 / 16:11
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Canada's Ninepoint halts cash payouts on three credit funds
Canadian investment manager Ninepoint Partners LP is temporarily suspending cash distributions in three of its private credit funds.
31.05 / 15:43
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Blinken says Washington approved use of US weapons by Ukraine inside Russia
U.S. President Joe Biden approved Ukraine using U.S. weapons to strike targets inside Russia that were attacking the Ukrainian city of Kharkiv, after Kyiv sought authorization from Washington in recent weeks, U.S. Secretary of State Antony Blinken confirmed on Friday. Speaking at a news conference in Prague after an informal meeting of NATO foreign ministers, Blinken did not specifically say whether Biden's authorization could expand to include other Russian cities and targets that are deeper inside Russia. He said Washington's move, a marked change in policy by Biden, who had steadfastly refused to allow Ukraine to use American weaponry for strikes inside Russia, was a result of U.S. strategy of adjusting and adapting to the battleground. Now, he said, the U.S. is responding to what it has seen in and around the Kharkiv region.
31.05 / 15:43
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Ather Energy raises Rs 286 crore from founders and Stride Ventures
Electric scooter maker Ather Energy has raised Rs 286 crore ($34 million) from its founders and Stride Ventures in a mix of debt and equity funding. Ather’s cofounders Tarun Mehta and Swapnil Jain invested Rs 86 crore in the firm through series F compulsorily convertible preference shares, while debt fund Stride Ventures invested Rs 200 crore through series C3 debentures, documents filed by Ather with the Registrar of Companies showed.
31.05 / 14:31
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Gap surges 22% as apparel maker's turnaround strategy starts to pay off
Shares of Gap climbed as much as 22% on Friday after the apparel retailer lifted its full-year sales forecast signaling that its turnaround strategy of bringing in newer styles is starting to work. The stock has risen nearly 8% this year, building on the 85% surge it saw in 2023 when it brought in former Mattel executive Richard Dickson as its new CEO to revive its struggling business.
31.05 / 14:29
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Department
India utilised 99.9% of its capex target in FY24
Centre has utilised Rs 9,48,506 crore as part of its capital expenditure in FY24 as against revised estimate (RE) of Rs 9,49,555 crore, which account for 99.9 per cent of the RE government data showed on Friday. Spending picked up in September 2023 and once again in March 2024 marking the end of monsoon and the onset of General elections respectively. India raised capex by 42 per cent in FY22 and 24 per cent in FY23. This was trimmed to 11.1% for FY25 in the interim budget from the budgeted capex in FY24, which was up 35.9 per cent from previous year, in line with the government's fiscal consolidation glide path. The Centre intends to narrow its fiscal deficit to 5.1 per cent in FY25 from 5.8 per cent in FY24 (RE).
31.05 / 14:29
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Economists project continued economic momentum and stability after India reports robust GDP growth in Q4
India's economy witnessed a robust growth rate of 7.8 per cent year-on-year in the January-March quarter, surpassing expectations due to strong performance in the manufacturing sector. According to government data released on Friday, the GDP growth in the fourth quarter of the FY24, was slightly lower than the revised 8.6% growth in the previous quarter. Furthermore, economists are optimistic about sustained momentum throughout the year.
31.05 / 13:31
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Features
Best electric massage chairs: Discover the top 6 options for relaxation and stress relief at home
What are buyers saying on Amazon?Buyers praise its quality, comfort, performance, and ease of installation. They appreciate its rich appearance and effective neck and back massage.Why choose this product?Choose for its quality, comfort, performance, rich appearance, effective massage, and value for money.The HCI eGenki Full Body Massage Chair offers a luxurious and advanced massage experience.
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