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University Grants Commission (UGC) Chairman Mamidala Jagadesh Kumar on Thursday announced that the provisional answer keys for the Common University Entrance Test Postgraduate (CUET PG 2023) will be released on July 15, 2023.  "CUET-PG: The Provisional Answer Keys along with the Question Papers and Recorded Responses will be available on the websites https://nta.ac.in and https://cuet.nta.nic.in for all candidates who appeared for CUET (PG) – 2023 to challenge," UGC chairman tweeted.  "Duration for Answer Key Challenge: Up to 11:00 P.M. on 15 July 2023," he said.  The answer key will be announced on the website https://nta.ac.in and https://cuet.nta.nic.in. The National Testing Agency (NTA) conducted Central Universities Entrance Test (CUET-PG) from June 5-12, 2023.

foreign exchange reserves saw an uptick of $1.23 billion, taking the overall level to $596.2 billion as on July 7, Reserve Bank of India data showed Friday. It can be noted that in October 2021, the country's forex kitty had reached an all-time high of USD 645 billion.

₹54,656 per 10 gram on December 31, 2022, to ₹59,106 per 10 gram on July 13, 2023, rising about 8 per cent. Equity benchmark the Sensex, too, is up 8 per cent for the same period.

New Delhi: Renewable energy solutions provider Suzlon Group on Friday said it has secured an order of 100.8 MW wind power project from Everrenew Energy, the company said in a statement. “Suzlon will install 48 wind turbine generators (WTGs) of their S120 – 2.1 MW with a Hybrid Lattice Tubular tower at Velliyanani Phase II in Karur district and Vengaimandalam in Trichy in Tamil Nadu and the project is expected to be commissioned in March 2024," it added. The company will supply the wind turbines (equipment supply) and supervise the execution and commissioning of the project.

By Irfan Ahmed Nazir

FMCG behemoth Patanjali Foods was fully subscribed. In Friday's BSE trade, the stock also achieved a 5% upper circuit at ₹1,225, despite the fact that shares in the OFS are sold at a discounted floor price of ₹1,000. The cut-off price has been set at ₹1103.80 based on bids in the non-retail category.

Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at AT&T, Progressive, Alcoa, and SoFi Technologies.

A rally in global stocks paused on Friday, though still on track for the best week since March, as earnings season in Europe and the US started to swing into gear.

Federal Reserve Governor Christopher Waller said he expects the US central bank will need to raise interest rates twice more this year to bring inflation down to its target, though more good data on prices could obviate the need for the second hike.

China's size and ambition has enabled it to successfully penetrate every sector of the UK's economy, an influential parliamentary panel has said, warning that Beijing's national imperative continues to become a technological and economic superpower on which other countries are reliant, which represents the «greatest risk» to the UK. The House of Commons Intelligence and Security Committee (ISC) said in a wide-ranging report released on Thursday that the intelligence threat posed by China is compounded by a «whole-of-state» approach with the use of state and non-state players for spying.

Anil Agarwal’s Vedanta Resources Ltd. are on underscored by losses in some bonds of the commodity giant.

Nykaa during the June quarter. Foreign portfolio investors cut down their stake to 9.93% as of June, compared with 12.17% held in the company as of March. According to the latest shareholding data available with the exchanges, institutional investor Government Pension Fund Global has reduced stake marginally to 1.13% during the June quarter, from 1.15% in the prior quarter.

coal gasification projects for both government Public Sector Undertakings (PSUs) and the private sector with an outlay of Rs 6,000 crores. It has set a target to achieve coal gasification of 100 Million Tonne (MT) coal by FY 2030 to reduce India's reliance on imports of natural gas, methanol, ammonia and other essential products. «Currently, India imports approximately 50% of its Natural Gas, over 90% of its total Methanol consumption and around 13-15% of its total ammonia consumption to cater to the domestic demand.

drone strike on Ukrainian President Volodymyr Zelenskiy's hometown, the central city of Kryvyi Rih, the regional governor said on Friday. The attack damaged a number of buildings in Kryvyi Rih but Ukraine's air force said 16 of the 17 Iranian-made Shahed attack drones launched by Russia overnight had been shot down in southern and eastern areas of the country.

GST Council modification on food and beverages (F&B) taxes, domestic brokerage Nuvama Institutional Equities stated in its research report that the route forward for PVR Inox seems sentimentally favourable due to two main factors, that is council decreasing GST on F&B (from 18% to 5%) at cinema halls - P&L is unaffected, but the GST dispute's hangover is removed. Second, there are several films scheduled for release. "Hollywood (Mission Impossible – Dead Reckoning Part One’s release this week) coupled with regional movies picking up well while Hindi movies remain a WIP (a key monitorable)," added the brokerage.

₹853.74 crore for the first quarter of FY24, registering a strong growth of 42.2 per cent from ₹600.66 crore in the corresponding period last year. Its net interest income (NII) in Q1FY24 rose 19.6 per cent to ₹1,918 crore from ₹1,604.5 crore year-on-year (YoY). Net interest margin (NIM) contracted marginally by 7 basis points to 3.15 per cent from 3.22 per cent in the June quarter last year.

A Gold Coast company targeted in a payday-lending regulatory investigation has reinvented itself as a business running daily cash-draw prizes of $250 for members paying as little as $5 a week.

₹430 per share on NSE and at ₹431 per share on BSE, delivering over 36 per cent listing gain to the lucky allottees against the issue price of ₹301 to ₹317 per equity shares.  After strong debut, Senco Gold share price further ascended and went on to hit intraday high of ₹444 apiece on NSE and ₹443.80 apiece on BSE, extending the listing gain to the tune of 40 per cent within few minutes of share listing.

Patanjali Foods hit the 5% upper circuit at Rs 1,225 in Friday's trade on BSE after the two-day offer for sale (OFS) by promoter Patanjali Ayurved opened for retail investors today. The OFS was to be executed over two days, with the offer opening for non-retail investors on July 13 and for retail investors on July 14. According to an exchange filing on Wednesday, the promoter entity is looking to sell up to 7% stake (2.53 crore shares) at a floor price of Rs 1,000 per share.

Wipro with a target price of Rs 410. The current market price of Wipro is Rs 397.85.

Raimondo and State Department officials in the weeks before State Secretary Antony Blinken visited Beijing in June, New York Times reported citing US officials. The investigation is underway but the US officials, on Wednesday, downplayed the idea that the Chinese hackers, who are likely to be part of the military or spy services, have stolen the sensitive information, insisting that no classified email or cloud systems were penetrated. The State Department's cybersecurity team first discovered the intrusion.