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application window for the PLI scheme for white goods, including ACs and LED lights, for 90 days from July 15. The industry has an appetite to invest more under the production linked incentive (PLI) scheme, the commerce and industry ministry said. The application window shall remain open from July 15 to October 12. No application shall be accepted after the closure of the application window. In order to avoid any discrimination, both new applicants as well as existing beneficiaries of the scheme who propose to invest more by way of switching over to higher target segment, would be eligible to apply.

To satisfy their generative AI urge, firms need to secure state-of-the-art software and ramp up computing power, which quickly brings them knocking on the doors of the globe's cloud computing giants, of which Amazon's AWS is the biggest.

The Czech brewer Budvar, which has been embroiled in a long legal dispute with U.S. beer giant Anheuser-Busch over the use of the Budweiser brand, says it increased its net profit, output and exports in 2023

Investor resilience was on display again in a week in which high election drama couldn’t keep the S&P 500 from doing what it’s done in nine of the last 11 weeks: go up, this time in all sessions. Even markets that initially lurched on President Joe Biden’s debate travails, such as Treasuries, calmed appreciably as economic data bolstered the case for rate cuts.

Suryakumar Yadav stayed put on second position in the latest ICC Men's T20I batting rankings, which also features Ruturaj Gaikwad, who made significant progress following his exploits in the ongoing away series against Zimbabwe. Suryakumar is placed second with 821 rating points behind Australia's Travis Head, who has 844 rating points. Phil Salt of England is paced third with 797 points, ahead of Pakistan skipper Babar Azam (755), Mohammad Rizwan (746) and Jos Buttler (716). Gaikwad has gained 13 places to climb to the seventh spot in the rankings on the back of a stellar 77 not out off 47 balls in a comprehensive 100-run win for India in the second T20I against Zimbabwe.

India's fuel consumption rose by 2.6% year-on-year to 19.99 million metric tons in June from a year earlier, data from the Petroleum Planning and Analysis Cell of the oil ministry showed on Monday. India is the world's third-biggest oil importer and consumer. The data is a proxy for the country's oil demand. Prashant Vasisht, vice president and co-head, corporate ratings at India Credit Rating Agency (ICRA), said there had been solid economic growth in India, «and there was a lot of tourist activity this year as compared to last year. Jet fuel has been gradually improving… In the power sector the power supplies were more regular, leading to the farming and agricultural sector being well supplied and that has also led to less dependence on diesel.»

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Cherathukal from the film Kumbalangi Nights (2019), I was transported to a boat in the island town of Kerala. As the paddle hit the stream, the water broke into small waves and the song rose from the elements. Kumbalangi Nights put Sushin Shyam on the map, making him one of Malayalam cinema’s most sought-after composers.

«It is under review, and there could be some relief for banks, which have demanded incentives to shore up deposits,» said a government official. A final call on the proposal will be taken closer to the budget announcement.

Republicans may be cheering “Drill, baby, drill” at their convention next week, but a Democratic President is typically better for oil and natural gas stocks, says Ben Cook, portfolio manager for the Hennessy Energy Transition Fund.

June against Rs 13,316.81 crore in the corresponding month last year, an improvement of about 11.12 per cent, according to a statement.«During the month of June 2024, originating freight loading of 135.46 MT has been achieved against loading of 123.06 MT in June 2023, which is an improvement of approx 10.07 per cent over the last year,» the Railway Board said in the statement. It added that freight revenue of «Rs 14,798.11 crore was achieved in June against Rs 13,316.81 crore freight earnings in June 2023, thereby showing an improvement of about 11.12 per cent over the last year». The railways achieved loading of 60.27 MT in coal, 8.82 MT in imported coal, 15.07 MT in iron ore, 5.36 MT in pig iron and finished steel, 7.56 MT in cement, 5.28 MT in clinker, 4.21 MT in foodgrain, 5.30 MT in fertiliser, 4.18 MT in mineral oil, 6.97 MT in containers and 10.06 MT in balance other goods during June this year, according to the railway ministry.

ONDC) monthly transaction volumes hit 10 million in June last month with 6.1 million non-mobility transactions and 3.9 million mobility transactions, said Equirus Securities India Equity Research BFSI sector report on July 7. The open network has been adding one million transactions per month over the past two months, exhibiting strong growth, it said. Bulk of this incremental growth has been retail-driven, with non-mobility orders crossing 6 million transactions in June 2024 versus 3.6 million in March 2024,it added. Mobility transactions have declined to 3.9 million from 4.1million in March 2024, the report said.

A company has installed vending machines that sell ammunition in grocery stores in Alabama, Oklahoma, and Texas, raising concerns among gun control advocates

In the presence of Professor Rahul Singh, a leading researcher at the India Office of Charitable Affairs, the two parties signed the "Regional Cooperation Memorandum." Ravi Sharma revealed that the World Children’s Fund has forged beneficial partnerships and collaborative projects with various IYDF branches across several countries in the Asia-Pacific region. The Indian WCF enthusiastically endorses and supports the array of humanitarian aid initiatives that IYDF has lined up for India this year.

Joe Biden's debate performance threw his race against Donald Trump — at least for now — into tumult. Last Thursday night, millions of Americans tuned in to the first televised debate of the 2024 campaign, with Biden and Trump going head-to-head without an audience at CNN studios in Atlanta. For Biden, it was meant to be a prime opportunity to reassure voters that at 81 years old, he could still execute a vigorous campaign against Trump, who himself was facing political problems over his criminal conviction.

Police have arrested an Italian farm owner after one of his workers, an undocumented laborer from India, bled to death after his arm was cut off by farm equipment

Meghan Markle is eager to patch up with Princess Kate Middleton and is regretting the lingering divide within the royal family. Though genuinely wounded by recent confrontations, insiders close to Markle underline her desire to put any hatred behind her and make peace with Middleton, as reported by CBN. At the official funeral of Queen Elizabeth II in 2022, they had their final encounter. Aiming for peace According to insiders, Markle never meant for Middleton to suffer damage and regrets the way that recent events have turned out. Markle's friends confirm that she sincerely wants to settle disputes peacefully, even if they also acknowledge that she could have handled things differently, as reported by the 'New York Post'. Differing perspectives

Also read: Ministry of I&B tweaks self-declaration rules for advertisers This is evident from a 12-month survey conducted by McAfee, in which 75% of Indians responded that they encountered some form of deepfake content, with 38% saying they had fallen victim to deepfake scams and 18% directly affected by such fraudulent schemes. Alarmingly, among those targeted, 57% mistook celebrity deepfakes for genuine content.

Stocks wavered to a mixed close on Wall Street, nudging the S&P 500 and the Nasdaq composite to more records

Chakri Lokapriya, Managing Partner, RSB LLP, says that it’s time to be cautious as at the Nifty level, the earnings continue to be weak at the index level simply because the main constituents, whether it is IT or pharma or metals are not going to contribute to the earnings growth. On the other hand, the broader market earnings growth at the index level is likely to be far stronger While Wednesday’s decline was led by a slew of discounts from Motown, given the weekly expiry, the Budget coming up ahead and then, of course, data points like US CPI as well at the global front, do you think it makes sense to go a little light into these events? Chakri Lokapriya: You are right in terms of the market has run up and gone into Budget there is a lot of expectation in those few sectors like defence, railways, infra, and agriculture also to an extent. While at the Nifty level, the earnings continue to be weak at the index level simply because the main constituents, whether it is IT or pharma or metals are not going to contribute to the earnings growth. On the other hand, the broader market earnings growth at the index level is likely to be far stronger. But those stocks have run up, so I think caution would be helpful at this juncture.

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