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28.08 / 11:40
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Sensex rises! But these stocks fell 5% or more in Wednesday's session
On the BSE, Shashijit Infraprojects(down 19.90 per cent), ASI Industries (down 11.70 per cent), Navoday Enterprises(down 11.25 per cent), Pharmaids Pharm(down 9.99 per cent) and Mega Nirman & Ind(down 9.85 per cent) stood among the top losers in today's trade.
28.08 / 11:05
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Cabinet approves Rs 4,136 cr equity support to northeast states for hydropower development
Cabinet, chaired by the Prime Minister Narendra Modi on Wednesday gave nod to Rs 4,136 crore equity support to northeast states for hydropower development. «This scheme has an outlay of Rs. 4136 crore to be implemented from FY 2024-25 to FY 2031-32.
28.08 / 10:50
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Cabinet nod to 3 railway projects worth Rs 6,456 cr
Cabinet, chaired by the Prime Minister Narendra Modi on Wednesday approved 3 railway projects worth Rs 6,456 crore. The three projects covering 7 Districts in 4 States i.e., Odisha, Jharkhand, West Bengal and Chhattisgarh will increase the existing network of Indian Railways by about 300 Kms, said Minister of Information & Broadcasting, Ashwini Vaishnaw. With these projects 14 New Stations will be constructed, providing enhancing connectivity to 2 (Two) Aspirational Districts (Nuapada and East Singhbum). New Line projects will provide connectivity to approx. 1,300 villages and about 11 Lakh population. Multi-tracking project will enhance connectivity to approx. 1,300 villages and about 19 lakh population.
28.08 / 10:42
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Cabinet approves expansion of Agri Infra Fund
Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the expansion of Agricultural Infrastructure Fund (AIF). To enhance and strengthen the agricultural infrastructure in the country and support the farming community, the Government has announced a series of measures to expand the scope of Agricultural Infrastructure Fund (AIF) scheme, said Centre in a press release. Viable Farming Assets: To allow all eligible beneficiaries of scheme for creation of infrastructure covered under 'viable projects for building community farming assets'.
28.08 / 07:30
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LTIMindtree shares up 3.31% as Nifty falls
LTIMindtree Ltd. rose 3.31 per cent to Rs 5940.0 in Wednesday's trade. It hit an intraday high of Rs 5957.0 and low of Rs 5770.0, respectively, during the day. The stock quoted a 52-week high price of Rs 6442.65 and low of Rs 4518.35.
28.08 / 05:33
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Bajaj Holdings shares gain 2.58% as Sensex rises
Bajaj Holdings & Investment Ltd. traded 2.58 per cent higher in Wednesday's session at 10:00AM (IST). The stock opened at Rs 9942.05 and has touched an intraday high and low of Rs 10300.0 and Rs 9885.1, respectively, during the session so far. The stock quoted a 52-week high of Rs 10300.0 and a 52-week low of 6634.6. About 2,060 shares changed hands on the counter so far.
28.08 / 05:22
28.08 / 04:56
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Buy Havells India, target price Rs 1945: BNP Paribas
Havells India with a target price of Rs 1945. The current market price of Havells India Ltd. is Rs 1890.8. Havells India Ltd., incorporated in the year 1983, is a Large Cap company (having a market cap of Rs 118851.32 Crore) operating in Consumer Durables sector.
28.08 / 04:51
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Buy Gujarat Ambuja Exports, target price Rs 174: Anand Rathi
Gujarat Ambuja Exports with a target price of Rs 174. The current market price of Gujarat Ambuja Exports Ltd. is Rs 149.1. Gujarat Ambuja Exports Ltd., incorporated in the year 1991, is a Small Cap company (having a market cap of Rs 6824.56 Crore) operating in Agro Processing sector.
28.08 / 04:28
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NASA's Perseverance rover on Mars begins steep climb to rim of a crater
Mars. The six-wheeled rover has spent the last 3 1/2 years roaming around the bottom of a crater. On Tuesday, it began climbing to the top. The rover will go up 1,000 feet (305 meters) to the rim of Jezero Crater to dig up rock samples. Since landing on the red planet in 2021, Perseverance has collected 22 rock core samples from the floor of the crater, which was once filled with water. The rover's samples may help scientists piece together what the planet's climate looked like billions of years ago — and learn whether any ancient Martian life lurked. NASA is exploring ways to bring the rock samples to Earth.
28.08 / 03:41
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Citi settles FPI norm violation case with Sebi
Citibank N.A. has settled a case violation of foreign portfolio investor norms with market regulator Sebi by paying ₹40.2 lakh as settlement charges. "Customer acquisition form appeared to have been regenerated by the implementation team, and a member of the implementation team had copied/replicated the end-client's wet-ink signatures without the knowledge of the end client," Sebi said in its order.
28.08 / 03:23
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Japan's Nikkei edges lower as strong yen weighs; Nvidia earnings in focus
Japan's Nikkei share average edged lower on Wednesday as a strengthening yen weighed on the index's many exporters, while looming earnings from AI darling Nvidia later in the day kept investors cautious. The Nikkei was down 0.3% at 38,167.80 as of 0019 GMT, continuing its narrow fluctuations since mid-month anchored around the psychological 38,000 mark.
28.08 / 03:21
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IG Petrochemicals among 8 stocks to trade ex-dividend on Thursday; last date to buy today
IG Petrochemicals and 7 other companies are expected to be in focus today as they have set August 29 as the record date for determining shareholders eligible for dividend payments. This means today will be the last day to buy the shares of these companies in order to be able to qualify for the dividends announced by them.
27.08 / 21:51
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3 soldiers killed, 4 injured in Arunachal road accident
Army personnel were killed and four others injured after a truck they were in fell into a deep gorge in Arunachal Pradesh's . The incident took place in Upper Subansiri district on Tuesday. A police officer said that all three soldiers died on the spot while four others were injured in the accident.
27.08 / 21:12
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NC fields Omar from Ganderbal & PDP Iltija Mufti from Bijbehara
NC) on Tuesday released a second list of candidates for the upcoming assembly election in Jammu and Kashmir, which included the name of former chief minister Omar Abdullah as its candidate from Ganderbal constituency in central Kashmir. After his release from a year-long detention in 2020, following abrogation of Article 370 in August 2019, Abdullah had claimed that he won't contest elections unless statehood was restored to J&K. However, when the assembly election was announced recently, his father Farooq Abdullah and other party members started stressing on the importance of Omar contesting the polls. Abdullah, too, in his recent press interactions, said that «not fighting the elections could be a mistake». He was also quoted as saying, «It won't be right to seek votes when I won't be contesting the elections.»
27.08 / 21:01
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SC-appointed National Task Force holds 1st meet
National Task Force (NTF), which was recently constituted by the health ministry following the directions of the Supreme Court (SC), to make recommendations on the safety of medical professionals, was held on Tuesday. The deliberations were chaired by Union cabinet secretary TVS Somanathan and home secretary Govind Mohan, the health ministry said in a communique. There were elaborate and detailed discussions on various issues by the NTF members and they also put forth their suggestions, it said. During the meeting, the members informed that they have been approached directly by various stakeholders and have individually received almost 300 to 400 suggestions. The health ministry also informed that a national portal has been created by it under the title 'Suggestions to NTF' to seek suggestions from individuals and different stakeholders across the country and added that it is operational as of Tuesday.
27.08 / 20:37
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Kavitha gets bail in Delhi excise case
Supreme Court Tuesday granted bail to Bharat Rashtra Samithi (BRS) leader K Kavitha, an accused in the alleged irregularities linked to the Delhi government's now-scrapped excise policy. «Investigation is complete and chargesheet has been filed. Custody of Kavitha is not necessary,» a division bench headed by Justice BR Gavai said. «The likelihood of trial being concluded in the near future is impossible. As said in various pronouncements of this court, undertrial custody should not turn into a punishment,» it ruled. The bench took exception to the Delhi High Court's observation that an educated, sophisticated woman is not entitled to bail under the beneficiary provision for women under the Prevention of Money Laundering Act. The high court had made the observation while turning down the bail plea of Kavitha, an ex-MP and daughter of former Telangana chief minister K Chandrashekhar Rao. The high court in July held that she was not a vulnerable person.
27.08 / 20:08
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Assam CM Sarma says won't let Miya Muslims take over the state
Assam chief minister Himanta Biswa Sarma told the state assembly that he would not let Miya Muslims (Bengali-speaking Muslims) take over the state, triggering protests from the Congress which staged a walkout. These remarks come at a time when several organisations in Upper Assam have threated Muslims to leave the region following the alleged gang rape of a 14-year-old girl by three persons in Assam's Nagaon district. Speaking in the assembly on the Opposition's adjournment motion on several key issues, including rape of minors and the targeting of Muslims in Upper Assam's Sivasagar district, Sarma said, «I will take sides. What can you do? Will not let Miya Muslims take over Assam...Let them (the Opposition) compete for minority votes. I am not in the competition.» Harping on Opposition leaders Rafikul Sahab and Debabrata Saikia stating that Miya Muslims will move from Lower Assam, where they are present in significant numbers, to Upper Assam, Sarma said: «They have made an important statement… You Miya Muslims will take the entire lower Assam? We will not let you all take Upper Assam, not ever.»
27.08 / 19:53
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Share price of Cummins India jumps as Sensex gains 598.4 points
Cummins India Ltd. gained 2.64 per cent to Rs 3922.1 at 11:37AM (IST) in Monday's trade. The stock has hit a high of Rs 3926.6 and low of Rs 3821.3 so far during the session. The stock had closed at Rs 3821.0 in the previous session. The counter has had a total traded volume of 7545 shares so far with a value of Rs 2.93 crore on the NSE. It traded at a price-to-earnings multiple of 59.43 and a price-to-book ratio of 12.61.
27.08 / 19:32
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RBI buying back SGBs: Should you tender?
Sovereign Gold Bonds (SGBs) that mature between October 1, 2024 and March 31, 2025. ET explains what it means for investors in this government-backed instrument.
27.08 / 19:23
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2020
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Call for non-political family youths to join politics has received tremendous response, PM Modi says
Prime Minister Narendra Modi has said that his call from the ramparts of the Red Fort on Independence Day to the youths from non-political backgrounds to join the political system has got an impressive response, with many people reaching out to him through letters and social media. In an apparent dig at some of the Opposition parties which 'promote dynasty politics', he underlined that some of these talented youths from ordinary families informed him that family-based parties crush ambitions of capable people. In his 113th Mann ki Baat address, the PM recalled on Sunday his request that one lakh youths from non-political backgrounds should become a part of the political system. «This call from me has garnered a tremendous response. We learnt that a large number of our youths are eagerly ready to enter politics. All they are looking for is the right opportunity and apt guidance,» he said.
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