Waves Financial News

₹6.78 per unit, up 23% from ₹5.51 a month earlier. Further, the duration of power price hitting the cap of ₹10 per unit rose to 12 hours a day, up from four hours a month earlier. "During daytime, prices have been around ₹3.5 per unit and market participants have been leveraging RTM (real-time market) segment to optimize their power procurement costs.

incentives by way of discounts, exchange bonuses, assured gifts to the tune of 5-11% — the highest in five years — in a bid to tempt buyers amid mounting inventory as sales slow, following a record FY24. The offers aren't just on older models launched two to three years ago but even on those that went on sale barely a year ago, depending on fuel type, variants and brands. They cut across all body types — hatchbacks and sedans to SUVs. One car maker, Skoda India, has lowered prices. Tata Motors is offering consumer benefits of up to ₹1 lakh on the second-generation Nexon compact SUV launched in September 2023. The Honda Elevate midsize SUV, also introduced around the same time, comes with benefits of ₹55,000 for corporate buyers under the Summer Bonanza Offer. Maruti Suzuki is offering benefits of up to ₹72,000 on the Fronx that went on sale in April 2023 and up to ₹95,000 on the Grand Vitara.

Rick Riordan's The Lightning Thief, has already made waves as Disney+'s most-watched show in the first half of 2024. Development Status

fintech solutions, the financial services sector caters to the evolving needs of a dynamic economy.Like in any other sector, innovation lies at the heart of the financial services sector's growth trajectory. Technological advancements, coupled with changing consumer preferences, have spurred a wave of innovation, transforming traditional financial services delivery models.Fintech companies, in particular, have emerged as disruptors, offering innovative solutions such as digital payments, robo-advisory services, and peer-to-peer lending platforms.

Nvidia Corp.’s relentless rally has propelled the semiconductor giant’s market capitalization over its mega-cap tech peers, helping it clinch the title of the world’s most-valuable company as the artificial intelligence wave continues. 

Meta Masters Guild Games (MEMAGX) – Leading the Charge in Web3 Gaming Innovation

power ministry has announced it has directed all utilities to «maintain a high state of alert and minimize forced equipment outages» due to the increased electricity demand driven by the ongoing heatwave, particularly in the northern region where the monsoon has yet to arrive. The ministry's statement highlighted that the northern region has faced high electricity demand since May 17, 2024, due to the heatwave. Despite these tough conditions, the highest-ever peak demand of 89 GW in the northern region was successfully met on June 17, 2024. This was achieved by importing 25-30 percent of the region's power needs from neighboring regions, the ministry noted.

Nifty embarks on the first principle of trend following as the uptrend is likely to continue. Post a dramatic wave of volatility comes a time of complacency, as Vix cools off, and investors readjust to all the sentiments that were out during the last two weeks. The breadth looks positive with more than 70% of stocks in the broader universe above their key short-term and mid-term Moving averages pointing to upside bias while the Advance decline percent has seen a thrust above 75 indicating strong momentum.

heat wave engulfed Delhi, with temperatures peaking at 45.2 degrees Celsius on Monday. according to the India .Meteorological Department's Safdarjung observatory centre. The weather office, however, has forecasted some relief from June 19 onwards. Delhi remains under a 'red' alert through Tuesday, with temperatures expected to reach 45 degrees Celsius again. The Safdarjung observatory, the main weather station in Delhi, recorded a high of 45.2 degrees Celsius, which is 6.4 degrees above the seasonal average.

Delhi Airport briefly experienced a power outage on Monday, impacting the boarding and check-in facilities as well as the functioning of Digi Yatra. The power was restored, and no flights were affected, the airport said in a statement. However, the power outage affected baggage collection and entry at the e-gates.

The U.S. military has unleashed a wave of attacks targeting radar sites operated by Yemen’s Houthi rebels after one merchant sailor went missing and the vessel he was on caught fire in the latest Houthi strike in the Red Sea

India's monsoon has delivered 20 per cent less rain than normal this season, according to the weather department. This shortfall raises concerns for the country's critical agricultural sector, which relies heavily on monsoon rains. News agency Reuters reported that as per the Indian Meteorological Department, India has received 20 per cent less rainfall than normal since June 1. Almost all regions except for a few southern states have seen shortfalls and some northwestern states experiencing heat waves, the report said. «The monsoon's progress is stalled. It has weakened. But when it revives and becomes active, it can erase the rain deficit in a short burst,» an IMD official told Reuters.

market is likely to see a renewed wave of IPO rush in the next three to four months with the general elections out the way. Data and multiple reports suggest that over 30 companies are ready to hit the market in the few months, aiming to raise over Rs 50,000 crore. Analysts said there are as many as 24 companies planning to launch IPOs worth Rs 30,000 crore.

Cold War II is worsening. The G7 summit held in Italy ended with a stiff warning aimed at China over its alleged role in “enabling" Russia’s war in Ukraine by means of dual-use tech transfers, a charge Beijing denied.

However, before choosing a cologne for the ongoing summer season, you must make sure that it leaves a refreshing effect on the body with the help of notes like musk, mandarin, lime, and bergamot. We have shortlisted some of the best men’s cologne available in the market, to help you pick the right one for you.

nearly 50 degrees Celsius. While the official human toll as of 1 June stood at 87, the tragedy did not end there. Life underwater, too, perished before fishermen had a chance to extinguish it.

Exchange operator ASX Ltd., which handles the bulk of the country’s stock trading, has approved the VanEck Bitcoin ETF which will be listed on Thursday, VanEck said in a press release on Saturday.

Britain, our destination. Similar gaffes have occurred in the past. In the 15th century, Christopher Columbus landed in what he thought was India, but it was America. This case of mistaken identity caused the Italian navigator to call the local inhabitants 'Indios', Indians, an appellation that would be used for centuries to refer to indigenous Americans. What I was wondering on the long ride from the airport to the city was where the dickens I'd landed. Because London seemed transformed by some wave of a Hogwarts wand into an ersatz America.

Heat wave conditions continued unabated in Haryana and Punjab, with Abohar sizzling at 47.6 degrees Celsius, the Met Centre here said on Friday. Blistering heat also continued to prevail in Chandigarh, the common capital of the two states, which recorded a maximum temperature of 44 degrees Celsius, according to the centre's weather report. While blistering heat swept Abohar in Punjab, intense heat also prevailed in Gurdaspur, which recorded a maximum of 45.5 degrees Celsius, followed by Patiala, which registered a high of 45.2 degrees Celsius, it said. Amritsar and Ludhiana also reeled under intense heat at 44.8 degrees Celsius and 44.2 degrees Celsius, respectively, the weather office said.

Solana’s ETF prospects are uncertain due to the upcoming US elections, while Sei’s price is facing a bearish market outlook. On the other hand, BlockDAG (BDAG) is experiencing a massive presale surge following endorsements from prominent influencers, driving a rush of investors.

BENGALURU : Sixth Sense Ventures, which typically invests in early-stage consumer companies, is preparing to chase more ambitious bets as it raises potentially its largest fund ever. Among India’s earliest rupee capital funds, Sixth Sense Ventures is raising ₹2,500 crore for its fourth fund, excluding a greenshoe option that it can use to raise more money subsequently, founder Nikhil Vora told Mint in an interview. The investment firm has backed prominent startups such as Bira, a craft beer maker, Wonderchef, a maker of cookware and kitchen appliances, and Uppercase, a maker of bags and luggage.