Updates Financial News

In a major setback toVinesh Phogat, the Court of Arbitration for Sport (CAS) ad hoc division on Wednesday dismissed the appeal filed by Indian wrestler against her disqualification from Olympic Games final. Vinesh Phogat had filed an application for a silver medal in the women's 50kg event at the Paris Olympics after she was disqualified before the final match due to exceeding the 50kg weight limit.The CAS released a statement to render its verdict which read, "The application field by Vinesh Phogat on August 7 has been dismissed."In a statement, IOA President PT Usha expressed "shock and disappointment at the decision of the Sole Arbitrator at the CAS to dismiss wrestler Vinesh Phogat's application against the United World Wrestling (UWW) and the International Olympic Committee (IOC)."Last week, during the weigh-in, Vinesh was found to be 100 grams over the limit.

reported HT Auto.As per the publication, the Thar Roxx is priced starting at ₹12.99 lakh for the entry-level petrol manual variant and ₹13.99 lakh for the base diesel manual model, with all prices reflecting ex-showroom costs. This new model aims to build on the impressive success of the Thar’s original three-door version.Reportedly, this SUV maintains the fundamental design ethos of the Thar lineup but introduces several unique features.

Wall Street is holding relatively steady after the latest update on inflation came in almost exactly as economists expected

Live Updates: From early beginners to aggressive investors, it is impossible to ignore mutual funds while planning a long-term investment strategy. Similarly, it is unthinkable to manage mutual fund investments without Livemint’s coverage of MF news, returns, NAVs, fund managers, SIP, NFOs, equity MFs, and other mutual fund schemes.

FS Investments chief market strategist Troy Gayeski provides his outlook for the markets, the banking sector and a possible rate cut.  

Shares of Mahindra Lifespace Developers Ltd.(up 4.54 per cent), Sunteck Realty Ltd.(up 1.13 per cent), DLF Ltd.(up 0.96 per cent), Prestige Estates Projects Ltd.(up 0.54 per cent) and Brigade Enterprises Ltd.(up 0.07 per cent) ended the day as top gainers in the pack.

Benchmark NSE Nifty closed 4.75 points up at 24143.75 amid buying in frontline bluechip counters.

Ugar Sugar Works Ltd.(up 1.44%) and Vishwaraj Sugar Industries Ltd.(up 0.68%) stood among the top gainers.

finance ministry has exempted the income of Unique Identification Authority of India (UIDAI) from payment of income tax for five years till fiscal 2027-28. Accordingly, grants/subsidies received from the central government; fees/ subscriptions, including RTI fee, tender fee, sale of scrap, PVC card; authentication, enrolment and updation service charges received; term/fixed deposits; and interest on bank deposits earned by UIDAI would be exempt from income tax. A notification to this effect was issued by the Central Board of Direct Taxes (CBDT) under the Ministry of Finance. «This notification shall be applicable for assessment year 2024-2025, 2025-2026, 2026-2027, 2027-2028 and 2028-2029,» it added.

Prataap Snacks Ltd.(up 5.75%), Sheetal Cool Products Ltd.(up 3.80%), LT Foods Ltd.(up 3.00%), Hindustan Foods Ltd.(up 2.36%), Bajaj Consumer Care Ltd.(up 2.30%), Mrs. Bectors Food Specialities Ltd.(up 1.83%), Heritage Foods Ltd.(up 1.53%), Honasa Consumer Ltd.(up 1.09%), Gillette India Ltd.(up 0.99%) and Colgate-Palmolive(India)Ltd.(up 0.33%) stood among the top gainers.

UK Board Compartment Result 2024 LIVE Updates: The results would officially be declared by the Chairman of the Uttarakhand Board at the Directorate of Secondary Education, Dehradun. Candidates who have appeared for the exam can access the results online through the official UBSE website, uaresults.nic.in.

International students in Singapore can now apply for permanent residency (PR) as soon as they pass at least one national exam, such as the PSLE or GCE ‘N’/’O’/’A’ levels. The Primary School Leaving Examination (PSLE) is an annual national exam taken by students at the end of their final year of primary school education in Singapore. The Singapore-Cambridge General Certificate of Education Advanced Level (GCE A-Level) exam can be taken not only by school students, but also other candidates. Prior to the current change, students had to wait for at least two years after course completion before applying for PR. Additionally, students enrolled in an integrated program are also eligible to apply.

Apollo Hospitals on Wednesday rose 4.2% to its day’s high of Rs 6864.95 on BSE after the company on Tuesday reported a net profit of Rs 305 crore for the first quarter ended June 2024 against Rs 167 crore in the year-ago period. The company’s revenue from operations in the reporting period increased 15% year-on-year (YoY) to Rs 5,086 crore as against Rs 4,418 crore in the last year quarter.

Balrampur Chini Mills Ltd.(up 1.33%) and KM Sugar Mills Ltd.(up 0.40%) were among the top gainers.

State Bank of India(up 0.99 per cent), Federal Bank Ltd.(up 0.3 per cent), HDFC Bank Ltd.(up 0.18 per cent), Kotak Mahindra Bank Ltd.(up 0.07 per cent) and Bank of Baroda(up 0.07 per cent) were among the top gainers.

The NSE Nifty index was trading 1.5 points down at 24137.5, while BSE Sensex was up 32.23 points at 78988.26 at the time of writing this report.

Premier League rarely stands still. For the 2024-25 season starting on Friday, there are five newly hired managers, around $1.6 billion worth of new players (and counting), new offside technology, updated financial regulations and a tweaked match schedule. COACHING CHANGES

British energy firm Drax Global, already facing scrutiny for violating environmental regulations, disclosed this year that its Louisiana wood pellet production facilities emit hazardous air pollutants above permitted limits

DST) ends for 2024. This annual ritual, which involves «springing forward» in March and «falling back» in November, will see its conclusion on November 3 this year.

Nakoda Group Of Industries Ltd.(up 4.33%), Hatsun Agro Products Ltd.(up 3.37%), Honasa Consumer Ltd.(up 2.97%), Marico Ltd.(up 2.47%), Varun Beverages Ltd.(up 1.11%), Emami Ltd.(up 1.10%), Nakoda Group Of Industries Ltd.(up 1.09%), Patanjali Foods Ltd.(up 0.85%), Tata Consumer Products Ltd.(up 0.69%) and Nestle India Ltd.(up 0.47%) stood among the top gainers.

Triveni Engineering & Industries Ltd.(up 5.56%), Dwarikesh Sugar Industries Ltd.(up 3.58%), Bajaj Hindusthan Sugar Ltd.(up 3.35%), Balrampur Chini Mills Ltd.(up 3.29%), Ugar Sugar Works Ltd.(up 3.18%), Mawana Sugars Ltd.(up 2.70%), Shree Renuka Sugars Ltd.(up 2.60%), Simbhaoli Sugars Ltd.(up 2.37%), Avadh Sugar & Energy Ltd.(up 1.92%) and Rajshree Sugars & Chemicals Ltd.(up 1.66%) stood among the top gainers.