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Stocks that were in focus include names like RailTel, which soared 14.29%, Axis Bank, which gained 1.6%, and HCL Tech, whose shares Jumped 3.3% on Friday.

economic recovery. The official data released on Monday by the National Bureau of Statistics (NBS) came above expectations for a 5.0% increase in a Reuters poll of analysts. Retail sales, a gauge of consumption, rose 2.0% in June, slowing significantly from a 3.7% increase in May. Analysts had expected retail sales to grow 3.3%.

Domestic markets gained for the sixth consecutive week, driven by robust earnings from IT companies. The first quarter earnings will be a key focus this week as numerous heavyweights including Infosys, Reliance, Kotak Mahindra Bank will announce their results. Additionally, analysts said pre-budget discussions are expected to contribute to market volatility.

HCL Tech, DMart, Jio Financial, HDFC Life, Kotak Bank among others will be in focus due to news developments and first quarter results. HDFC Life, Jio Financial, HDFC AMC, Angel One, SpiceJet Shares of HDFC Life, Jio Financial, HDFC AMC, Angel One and SpiceJet will be in focus as the companies will announce their first quarter results today.

construction technology and the implementation of the Real Estate Regulatory Authority (RERA), ensuring home buyers receive their homes on time, according to a report by a real estate consulting firm. In the top seven cities, the average completion time for smaller projects of fewer than 500 units is now four years, while larger projects with more than 500 units take about 4.9 years to complete, as per data from Anarock. The market share of large and listed developers has also increased significantly, contributing to the timely delivery of projects, the report noted.

import duties, flagging dumping of chemicals from China. Crop Care Federation of India, which represents key players in the agrochemical sector, has sought an increase in import tariffs, currently at about 7.5%. «The government should raise import tariffs by 7.5% counteracting Chinese predatory pricing and monopolistic practices with targeted tariff,» said Harish Mehta, senior advisor, Cropcare Federation of India, adding that this will safeguard the chemical industry, which is a key contributor to the nation's GDP and exports. An increase between 5% and 7.5% in tariffs will go a long way towards levelling the playing field on the price front for domestic players, it suggested. The industry in its representation has pointed out that the Indian chemicals sector was trade surplus as recently as 2020-21 but reported a $17 billion trade deficit in FY23, arguing that predatory trade practices by foreign players, notably from China are largely behind this swing. As per industry estimates, the global chemicals industry is already worth $5,000 billion and India's share is small, valued at $220 billion in 2022. Industry in its representation has also made a case to fast-track trade remedy measures including making BIS standards mandatory in specialty chemicals and agrochemicals by line ministries along with need to expedite regulatory approvals by respective ministries (agriculture, health, environment) with preference for domestic manufacturing projects.

Vanuatu on the map. He had never been there; probably, he never would. Until the other day, he had not heard about the country. Vanuatu sounded like a mystery land in a ‘guess the country’ game. Nonetheless, he and his wife are citizens of Vanuatu — an island nation in the South Pacific that few Indians knew two years ago. Today, many do. Vanuatu has emerged as the quickest and cheapest avenue to switch citizenship, grab a new passport. Competing with Cyprus and Malta — which are more expensive and time-consuming options — Vanuatu is among the very few countries where one can become a citizen without ever visiting it. FIRST SPEND A YEAR IN UAE

Consumer spending on mobile services in India slumped sequentially in the fourth quarter of FY24, which was reflected in lower revenues for telecom operators from their postpaid services business as well as reduced payouts for data services, according to an assessment collated by the telecom regulator. User spending on mobile services (post-GST) rose a modest 1.4% sequentially to about Rs 55,524.5 crore in the fourth quarter of FY24 — 44% lower than the 2.5% sequential growth clocked in the third quarter of FY24 — as per latest sector performance data issued by Telecom Regulatory Authority of India. According to analysts, the sequential dip in postpaid service revenue in the fiscal fourth quarter was caused by rising sales of low-value M2M (machine-to-machine) SIMs or 'connections'.

While there was no «leak» per se of the online exam, there were inputs received by the health ministry and the National Board of Examinations in Medical Sciences (NBEMS) -that conducts NEET-PG — that indicated a high possibility of the exam getting compromised, ET has reliably learnt. «There was no actual leak but credible complaints and inputs were there of possible impersonation attempts at some centres. There were also intelligence inputs on the same. That is why it was decided to postpone the exam,» a senior official confirmed to ET.

State Bank of India (SBI) has hiked its benchmark marginal cost of fund based lending rate (MCLR) by 5 to 10 basis points in majority of tenures effective Monday. In an update on its website the country's largest lender said MCLR on one month to three years has been hiked by 5 to 10 basis points. One basis point is 0.01 percentage point. Following the hike, interest rates on loans linked to MCLR will likely go up by a similar quantum. The benchmark rate on one month MCLR has been hiked by 5 basis points to 8.35% while the three month MCLR has been hiked by 10 basis points to 8.40%.

Euro 2024 final today. England is yet to win Euro and this will be three lions' second final after they were defeated by Italy in 2021. Spain have won the coveted trophy thrice and if they beat English side on Sunday, they will hold the most titles in the continent. Spain versus England Euro 2024 final is scheduled to kick off at 3 pm (ET) on Sunday, July 14 at Olympiastadion in Berlin, Germany. Live streaming of England and Spain's Euro 2024 final will be available on Fubo which offers free-trial. Spain are likely to win the Euro 2024 final against England.

new terminal of Pune international airport was operationalised on Sunday with passengers boarding flights to New Delhi and Odisha capital Bhubaneswar, an official said. Union Minister of State for Civil Aviation and local MP Murlidhar Mohol handed over the first boarding pass to a flyer to mark the occasion. The new terminal was e-inaugurated along with several other airport projects nationwide by Prime Minister Narendra Modi from an event in Azamgarh in Uttar Pradesh on March 10 this year.

Siddaramaiah on Sunday said the Karnataka government was ready to release 8,000 cusecs of water from the Cauvery river every day to neighbouring Tamil Nadu instead of one TMC as directed by the Cauvery Water Regulation Committee till this month-end. There is only 63 per cent water in the Cauvery basin dams and in this situation, the state was not in a position to release one TMC water each day, the Chief Minister told reporters after an all-party meeting here. Deputy Chief Minister D K Shivakumar, Leader of the Opposition R Ashoka, JD(S) MLA G T Deve Gowda, farmer leaders and legal experts attended the meeting. «Everyone was of the opinion that we should release 8,000 cusecs of water and not one TMC, which is 11,500 cusecs of water. If there is no rain then we will minimise the release of water and file an appeal before the Cauvery Water Management Authority,» Siddaramaiah said.

procedures for exempted establishments and improving its own services has led 27 establishments to surrender their exemption under the Employees’ Provident Fund Organisation in the last two years, adding about 30,000 employees and Rs 1688.82 crore to the retirement fund body. As of 31st March 2023, there are 1002 exempted establishments managing the provident fund corpus of Rs 3,52,000 crore of 31,20,323 members. Establishments that wish to manage the provident fund (PF) corpus of their employees need to seek exemption under Section 17 of the EPF Act. This allows EPFO to permit them to manage their own PF Trust without making statutory contributions.

Delhi Chief Minister Arvind Kejriwal's health in judicial custody. Addressing a press conference here, Delhi cabinet minister Atishi said Kejriwal, who is a severe diabetic, has had his sugar levels falling dangerously low. «The BJP has conspired to put Kejriwal in jail in a fake case. There is an acute danger to his health. His weight has declined by 8.5 kgs and his sugar levels have fallen below 50 five times in sleep. This is a worrying situation especially for a diabetic,» she said. «If Kejriwal suffers a stroke, if there is brain damage and permanent damage, who will be responsible,» she said, claiming the AAP chief is unable to get proper medical attention as he is in jail.

Supreme Court is scheduled to hear on July 15 a plea of BRS supremo K Chandrasekhar Rao challenging a Telangana High Court order dismissing his plea to declare as «illegal» the constitution of a commission to inquire into the alleged irregularities in the power sector during his tenure as the state's chief minister. The plea is listed to be heard by a bench of Chief Justice DY Chandrachud and justices JB Pardiwala and Manoj Misra. In his petition, Rao has sought to declare as «illegal» the Telangana government's order constituting the Commission of Inquiry to conduct a judicial inquiry into the correctness and propriety of the decisions taken by his government on procurement of power from Chhattisgarh by Telangana power distribution companies and construction of the Bhadradri Thermal Power Plant at Manuguru and the Yadadri Thermal Plant at Damarcherla by TSGENCO. TSGENCO is the abbreviation of the Telangana State Power Generation Corporation Limited.

K P Sharma Oli was appointed Nepal's Prime Minister for the third time on Sunday to lead the new coalition government that faces the daunting challenge of providing political stability in the country. Oli, 72, succeeds Pushpa Kamal Dahal Prachanda who lost the vote of confidence in the House of Representatives on Friday, leading to the formation of the new government process as per Article 76 (2) of the Constitution. President Ram Chandra Paudel appointed Oli as the new Prime Minister of the Communist Party of Nepal-Unified Marxist Leninist (CPN-UML)-Nepali Congress (NC) coalition.

Russia on Sunday said it had captured another village in south-eastern Ukraine as it continues to make battlefield gains in the conflict that is now into its third year. «Units from the Vostok troops captured the village of Urozhaine» in the Donetsk region, the Russian defence ministry announced in its daily report. The village was one of the few that Ukraine won back during its 2023 offensive.

Sheikh Mohammed bin Rashid Al-Maktoum on Sunday announced he appointed his son, the emirate's crown prince, as defence minister of the United Arab Emirates in a cabinet reshuffle. "Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum has joined the government of the UAE as Deputy Prime Minister and has been appointed Minister of Defence," Sheikh Mohammed, who is the UAE's prime minister, wrote on X. Sheikh Hamdan, 41, is the second son of Sheikh Mohammed and has held the title of crown prince of Dubai since 2008.

Punjab Police chief said on Sunday. Three pistols were seized from them, Director General of Police (DGP) Gaurav Yadav said. «In a major breakthrough against organised crime, #Jalandhar Commissionerate Police apprehends 5 more associates of #Canada-based terrorist Lakhbir @ Landa,» he said in a post on X.

Fazilka district administration in Punjab has launched a 'bag-free day' initiative in government primary schools to foster creativity and provide stress-free learning experience for students, officials said on Sunday. Under this initiative, students need not bring school bags on the last Saturday of every month, they said. Fazilka District Education Officer Shiv Pal said there will be no regular classes on 'bag-free' days and co-curricular activities such as rafting, storytelling, class discussions and yoga, will be conducted instead of traditional classes, the officials said. The initiative is aimed at providing a stress-free learning experience, enhance creativity and skills and for holistic development of children, they added.