Updates Financial News

Income Tax Return (ITR) filing Due Date Extension Latest News Updates (July 27): While a few taxpayers and tax professionals are still hoping for an extension of the July 31 deadline for ITR filing, the Government is reportedly firm on not extending the due date.

Billionaire Elon Musk's SpaceX is poised to launch the world's largest commercial communications satellite today. A Falcon Heavy rocket will launch Maxar Technologies' largest ever satellite called Jupiter 3, according to Space.com.

₹922.84 crore as Indian markets rose during Wednesday's trade even against weak global cues. The DIIs invested ₹470 crore in markets on July 26.Mahindra and Mahindra (M&M) Ltd has expressed its interest in acquiring up to a 9.9% stake in RBL Bank Ltd, a private bank.

Maharashtra rains: The India Meteorological Department issues 'red' alert in Raigad, Pune, Satara and Ratnagiri districts for 26th July. 'Orange' alert issued in Mumbai, Palghar and Thane.

Tata Motors, a prominent player in the automobile industry, unveiled its financial results for the first quarter of fiscal year 2023-24 (Q1FY24) on July 25. During this period, the company achieved a consolidated net profit of ₹3,202 crore, showcasing its strong financial performance.The revenue from operations witnessed a remarkable surge of 42 per cent, reaching ₹102,236.08 crore in the June quarter.

₹82.96 crore on Monday. On the other hand, for the second straight day, DIIs bought shares for ₹934.87 crore.The Nifty ended the previous session at 19,672.35, down 73 points, or 0.37%, while the Sensex concluded the session with a loss of 299 points, or 0.45%, at 66,384.78.Ajit Mishra, SVP - Technical Research, Religare Broking Ltd.

2023 MLB trade deadline approaches, contending teams are making decisions on what additions they need before 6 p.m. ET on August 1. Some key questions include whether Shohei Ohtani could be traded from the Los Angeles Angels, and if players like Marcus Stroman, Cody Bellinger, and Lucas Giolito could be dealt to contenders. Additionally, it is to note that teams like the Los Angeles Dodgers, Atlanta Braves, Texas Rangers, and San Francisco Giants are looking to make moves to boost their chances in the 2023 World Series. As this week unfolds, 29 teams are hoping for the Los Angeles Angels to lose all their games and make Shohei Ohtani available for trade. Meanwhile, around 15 contenders are rooting for the San Diego Padres and New York Mets to continue their downward spirals and give up. Additionally, the Major League Baseball Players Association is watching closely, hoping that big-spending teams like the Mets, Yankees, and Padres, who collectively spent $880 million, can turn their fortunes around and prove that spending leads to success.

disaster management official of Uttarkashi, Devendra Patwal, said that due to the boulders falling continuously for the last three days, the traffic on both sides of the road has come to a complete standstill. "Significantly, due to this, there has been a break on the Yamunotri pilgrimage, leaving many commuters including pilgrims and locals passenger stranded," the official said. "Big boulders fell off from mountains on Monday morning further exacerbating the woes of commuters," the official said.

heavy rainfall in the Raigad district of Maharashtra, all schools in the area will remain closed today. As reported by ANI, the District Collector, Yogesh Mhase, announced this decision in response to the Orange Alert issued by the Indian Meteorological Department (IMD) for Raigad. The India Meteorological Department (IMD) on Sunday predicted moderate spells of rain to likely occur at isolated places in Mumbai, Thane, Palghar, Sindhudurg, Ratnagiri, and Raigad districts during the next 3-4 hours.

₹3,370.90 crore in the purchase on Friday, while DIIs sold shares for a net total of ₹193.02 crore.Dr V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services: The near-term market trend will be influenced by a host of factors like the recent Q1 results, some major results expected this week and policy decisions like the Fed meeting outcome on Wednesday.Q1 results of RIL, though a tad disappointing on top and bottom line, are good when viewed from the perspective of the growth engines of the company - Jio Infocom and Reliance Retail - which are doing well and shows promise of improving, going forward. ICICI Bank has delivered the best results in the banking universe with 40% growth in net profit and impressive loan growth.

Rick and Morty panel addressed the ongoing recasting process after Justin Roiland's exit from the show. Roiland, who co-created the animated series with Dan Harmon and provided the voices for Rick Sanchez and Morty since its debut in 2013, left due to domestic abuse allegations that have since been dropped. Executive producer Steve Levy shared insights into the recasting procedure, stating, «We are nearing the conclusion of our process for the recast. It's going to be fantastic.» While he acknowledged the ongoing discussions surrounding the recasting, Levy emphasized the dedication of the team to maintain the show's excellence, including the preparations for the upcoming seventh season, whose premiere date is yet to be determined.

Mega block is suspension of traffic on a long stretch due to maintenance work.

Gujarat Rain LIVE Updates: Heavy to very heavy rains lashed several districts in Gujarat's south and Saurashtra regions on Saturday, causing flooding in urban areas and leaving villages cut off due to rising water levels in dams and rivers, which reached dangerous levels.In Junagadh city, the situation was particularly severe as it received 219 mm of rainfall from 8 hours till 4 pm on Saturday. The downpour resulted in the sweeping away of dozens of parked cars and cattle in the gushing waters.People had to wade through waist-deep water to relocate to safer areas, while some were rescued by volunteers from the strong currents.Navsari and Junagadh were identified as two of the worst affected districts, with torrential rains causing deluges in numerous residential areas and marketplaces.Catch all live updates here. With his state grappling with excessive rainfall and flooding, Gujarat Chief Minister Bhupendra Patel on Saturday chaired a meeting to review the prevailing situation.Earlier, on Saturday, several waterlogging from incessant rainfall was reported in Gujarat’s Navsari.While the rain reduced the daytime temperature in the city, the waterlogging crippled the movement of commuters and vehicles.

flood-like situations in the multiple cities of the state. In Junagadh district, heavy rains displayed their fury with cars being washed away by rivers. The Indian Meteorological Department (IMD) has issued red, orange, and yellow alerts for various Gujarat districts till 24 July.

Manipur Violence LIVE News Updates: Tension escalated in Manipur's hills as a video of May 4 emerged on social media, showing men from one community parading two women naked from the opposing side.On of the survivor, who luckily escaped, said. “When we resisted, they told me: ‘If you don’t take off your clothes, we will kill you’, Then as she obeyed them to “protect herself", the men allegedly slapped and punched her.She added that the men dragged to a paddy field near the road and asked her to “lie down" there.

ALSO READ: Jasprit Bumrah drops hints of comeback on Instagram ahead of ICC World Cup 2023 On the recovery of pacers, BCCI's secretary Jay Shah said, "The two fast bowlers are in the final stages of their rehab and are bowling with full intensity in the nets. The duo will now play some practice games, which the NCA will organize.

The Central Railway in its 3:30 pm update said it all section trains are running while Harbour line trains are running 20-30 minutes late. The Central Railway also said that no long distance trains has been rescheduled as of yet.

stocks that are likely to be in news on Friday.Asian stocks declined on Friday as US tech shares, specifically Tesla and Netflix, took a hit following their earnings reports. The dollar and Treasury yields maintained their gains in anticipation of a potentially eventful week, which might signal the end of the US tightening cycle.Early Friday, Japan's inflation rate remained above the central bank's 2% target for the 15th consecutive month in June, with gains aligning with the median market prediction.

Check out all the latest updates on Parliament Monsoon Session Day 2 here. The monsoon session of Parliament began on Thursday and Lok Sabha Speaker Om Birla has urged the MPs of all parties for meaningful discussions in the House on issues of national and public interest.As the Monsoon session of Parliament began on Thursday amidst the outrage over the situation in Manipur, Dravida Munnetra Kazhagam (DMK) MP TR Baalu said that he had given notice for the removal of Tamil Nadu governor for "defying" the Constitution.Even though the government was ready for a discussion on Manipur, the opposition disrupted Parliament proceedings and did now allow the debate to take place, the BJP charged on Thursday as it questioned the timing of the surfacing of a May 4 video of two women being paraded naked in the northeastern state.The BJP said that a discussion on the situation in Manipur would have sent out a "meaningful and positive" message to the people of the violence-hit state but the opposition parties did not let it happen because they felt that incidents of "misbehavior" with women in Congress-ruled states as well as the violence during the West Bengal panchayat elections may also come up.RJD MP Manoj Kumar Jha gives Suspension of Business Notice under Rule 267 in Rajya Sabha, demanding to discuss Manipur situation.AAP MP Sanjay Singh gives Suspension of Business Notice under Rule 267 in Rajya Sabha, demanding to discuss Manipur situation.Congress MP Manish Tewari gives Adjournment Motion Notice in Lok Sabha, demanding to discuss Manipur situation.Monsoon Session of Parliament Day 2: Congress MP Manickam Tagore gives Adjournment Motion Notice in Lok Sabha, demanding to discuss Manipur situation.

monsoon rains across the state, a red alert has been issued in Pune, Raigad, Thane and Palghar districts today.  As per IMD bulletin yesterday, isolated heavy to very heavy rainfall very likely to continue over Mumbai during next two days. Isolated extremely heavy rainfall likely over Konkan & Goa, ghat areas of Madhya Maharashtra, Gujarat state on 20th and 21st July. As per a civic official, the island city received an average 100 mm rainfall in the last 24 hours ending on 8 am on Thursday.

Disaster Management Authority, Himachal Pradesh has suffered a loss of ₹4808.79 crore so far. The state has reported 61 cases of landslides and 44 cases of flash floods so far this monsoon. The Revenue Minister said that two teams have been sent from the Center to take stock of the damages caused by monsoon in Himachal Pradesh.  The first team will go from Mandi to Manali while the the second team which has conducted its assessment in the Solan district includes four officers from the central government.  “Both the teams will visit Himachal Pradesh from July 19 to 21 to assess the damage and on the final day, they will hold a meeting with the state Chief Minister Sukhwinder Singh Sukhu.