Updates Financial News

₹1,510.86 crore. DIIs after investing in the domestic market for straight-four sessions sold shares for ₹313.97 crore.More data came in Thursday showing a firm U.S.

By Lewis Jackson and Alasdair Pal

₹2,406 crore during the session. Meanwhile, DIIs registered an inflow of ₹2,406.19 crore.The Federal Reserve's latest meeting minutes suggested Fed officials are unsure about their next move after catapulting the main interest rate they control to its highest level in more than two decades.

disaster management efforts. All schools, colleges, and educational institutes are closed in the hill state today. 1) A massive landslide was reported in Shimla’s Summer Hill area on Wednesday, an official said.

climate Change Mahesh Palawat said moderate to heavy rain is expected over Uttarakhand and Himachal Pradesh during the next two days. Furthermore, he warned that another heavy spell is possible from 20 August. Due to incessant rains in the region, The state government in Himachal Pradesh ordered all schools and colleges to remain closed on August 16 in the wake of incessant rain in the state.

Check all the LIVE updates on Chandrayaan 3 mission here. Chandrayaan 3 Live: With the launch of Chandrayaan-3, the Indian Space Research Organisation (ISRO) is embarking to achieve a successful soft landing on the Moon.

ITC Ltd exceeded market expectations on Monday by reporting a robust 17.5% surge in its standalone net profit for the June quarter, benefiting from reduced expenses. Nonetheless, the company faced challenges as an ongoing prohibition on wheat exports and a more recent ban on rice exports led to a 7.2% decline in standalone revenue for the quarter, which amounted to ₹16,995.49 crore as compared to ₹18,320.16 crore in the corresponding period last year.Renowned for its Gold Flake cigarettes and Bingo chips, ITC Ltd achieved a net profit of ₹4,902.74 crore for the quarter ending on June 30, surpassing the ₹4,169.38 crore recorded a year prior.

Check all the LIVE Updates on Independence Day 2023 today. Independence Day 2023 Live: Prime Minister Narendra Modi will deliver his 10th consecutive Independence Day address to the nation today i.e.

landslide in the rain-affected Summer Hill area of Shimla to assess the situation. All schools and colleges in the state were closed on Monday. 1) The river is flowing at a high volume along the road leading to Prashar Lake in the Mandi district of Himachal Pradesh.

Chandrayaan-3 orbit LIVE updates: The Indian Space Research Organisation (ISRO) has noted that Chandrayaan-3 is progressively approaching the Moon, with the upcoming lunar orbital manoeuvre scheduled to take place between 11:30 am and 12:30 pm IST on Monday.“Even closer to the moon’s surface. Chandrayaan-3's orbit is reduced to 174 km x 1437 km following a manuevre performed today. The next operation is scheduled for August 14, 2023, between 11:30 and 12:30 Hrs.

₹7,543 crore, according to analysts.Dr V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services while expressing his views on FPI data said, "In view of the strong dollar and high US bond yields FPIs may continue to sell in India. Also, since the markets have rallied smartly during the last three months, some profit booking by FPIs would be rational and can be expected."On August 12, Aurobindo Pharma released its financial results for the April-June quarter of fiscal year 2023-24 (Q1FY24).

Himachal rains: A cloud burst have been reported at Jadon village of Kandaghat sub division in Solan. Two houses and one cowshed washed away, news agency ANI has reported.

Catch all the LIVE updates on Independence Day 2023 here. Independence Day 2023 Live: Kashmir's Divisional Commissioner, Vijay Kumar Bidhuri, announced on August 12 that there would be no restrictions or internet shutdown in the region during Independence Day celebrations.Read more hereIndependence Day 2023: A 1,000 facial recognition cameras, anti-drone systems, and over 10,000 police personnel keeping vigil are part of the security measures in place at the Mughal-era Red Fort here, from where Prime Minister Narendra Modi will address the nation on August 15.Independence Day 2023 Live: Delhi is likely to receive very light rain or thundershowers on Monday as well as Tuesday, when India will celebrate its 77th Independence Day.On Sunday, Delhi recorded a high of 35.3 degrees Celsius, a notch above the season's average.

Hawaii wildfires are the deadliest wildfire in the US since the 2018 Camp Fire in California that killed at least 85 people and destroyed the town of Paradise. The fire went from zero to 100 and essentially managed to "eat an entire town in four hours".

ANI, state Revenue and Horticulture Minister, Jagat Singh Negi, mentioned that both road restoration and electricity supply schemes are underway. He emphasized the active involvement of teams and officers on the ground to address the situation.

Weather update LIVE: The India Meteorological Department (IMD) issued ‘red’ and ‘orange’ alerts from August 11-14 in most of the districts. The Uttarakhand Police has also warned people of severe waterlogging and possible landslides amid heavy rainfall and thunderstorm predictions.

The California Fair Political Practices Commission has rolled out fresh disclosure requirements for politicians and political candidates seeking donations in digital assets.

LIC) unveiled its financial results for the June quarter of FY24 on August 10, revealing a remarkable surge in profitability. The corporation reported a staggering profit of ₹9,544 crore in Q1 FY24, marking a nearly fourteen-fold increase compared to the same quarter of the previous year, Q1FY23.

In France, amendments to the existing crypto regime will come into effect in next year to align national regulations with the pan-European framework, set by Markets in Crypto Assets act (MiCA). 

Another horrific news has appeared from the ethnic clash-hit Manipur. According to a report by the IndiaTOdayNE, an FIR has been registered at Bishnupur women's police station recently in connection with a gangrape that occurred on 3 May in Churachandpur. The FIR was filed on 9 August as a Meitei woman victim filed a report complaining that she was gang-raped by unknown Kuki miscreants on 3 May.

Axis Bank on Wednesday said it will raise its stake in insurer Max Life to 16.2% from 9.99% by infusing 16.12 billion rupees ($194.6 million) through a preferential allotment of shares.Axis Bank along with its entities acquired a 12.99% stake in Max Life in 2021, and through this new investment, they will own 19.02% in the insurer.Max Financial Services, the holding company of Max Life, will hold about 80.98% in the insurer.The proposed infusion by Axis Bank in Max Life will help it to support its future growth ambitions, Max Financial Services said in a statement.The investment is subject to regulatory approvals and will strengthen the lender's position in the life insurance business, Axis Bank said, adding that Axis Entities would have the right to appoint the chairman. (Reuters)The Finance Ministry has conveyed to the Rajya Sabha that a cumulative sum of over ₹35,000 crore has been amassed by public sector banks and five prominent private banks in India since 2018.