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12.07 / 21:33
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Champions Trophy 2025: India unlikely to travel to Pakistan; tournament to be held in hybrid mode
Champions Trophy 2025, ANI reported citing sources on Thursday. The Board of Control for Cricket in India (BCCI) will ask ICC to host matches in hybrid mode in Dubai or Sri Lanka, sources said. The marquee tournament is scheduled from February 19 to March 9 with March 10 as Reserve Day.
12.07 / 21:27
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F&O stocks: Asian Paints, Manappuram Finance among 5 stocks with long buildup
In Wednesday’s trading session, the following five stocks witnessed a build of fresh long positions. Let us first understand how this conclusion is reached whether the stock has seen a buildup of fresh long position or not. When the stock prices move up and open interest on the counter also moves upward, it is taken as a sign of a long buildup. The signal is considered more reliable if the volume on the counter has also seen an increase.
12.07 / 21:26
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Budget 2024: Govt may relax 45-day payment rule for MSMEs
MSMEs within 45 days of buying goods and services to check large corporate from looking at other sourcing avenues, sources said. The announcement to this effect could be made in the Budget likely to be presented on July 23. The government is considering suggestions regarding changes to Section 43B(h) of the Income Tax Act made by MSMEs during pre-Budget consultations, sources said. The government in last year's Budget added a new clause under Section 43B of the Income Tax Act to address the challenge of delayed payments faced by MSMEs in the country.
12.07 / 21:16
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Budget 2024: Graphical overview of power sector's challenges and wishlist
Budget 2024: With anticipated economic growth and energy transition, India’s power sector is at the forefront of the government’s focus. The country aims for 500 GW of renewable energy by FY30 and 85 GW of additional thermal capacities by FY32. ET looks at the challenges and budget wish list of the sector. State of Play India’s current installed power capacity is 444.75 GW of which 54.6% is thermal, while the rest are clean sources of energy.
12.07 / 21:15
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All you need to know about Meta AI personal assistant
Meta has rolled out the Meta AI personal assistant across all its platforms — WhatsApp, Facebook and Instagram. It offers text and image generation capabilities, which will help users in increasing productivity and be more efficient besides aiding creative assistance. The Meta AI chatbot, which is powered by the latest Llama 3 model, was announced by company’s chief executive Mark Zuckerberg back in September 2023. Experts say that the Meta assistant may have a deeper reach than other personal AI assistants such as the Microsoft Copilot, OpenAI’s ChatGPT or Google’s Gemini, given its direct integration inside social media platforms. The tool may find a much wider reach, especially in India, the largest market for Meta, and includes 314.6 million users of Facebook, 350 million of Instagram as well as 480 million on WhatsApp.
12.07 / 21:07
12.07 / 21:04
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Tesla cars for first time on Chinese government purchase list
Tesla's best-selling Model Y was included in a list of electric and plug-in hybrid models that a local government in China can purchase as a service car, according to the official Chinese media outlet the Paper on Thursday. It was the first time Tesla's cars have been made eligible for government purchases in China, the Paper added. China's eastern Jiangsu provincial government published 56 batches of new energy vehicle procurements for use as service cars by party, government and public organisations in a government statement on June 6.
12.07 / 21:02
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Money laundering case: HC extends Jet Airways founder Naresh Goyal's interim bail by 4 weeks
Bombay High Court on Friday extended by four weeks the interim bail on medical grounds granted to Jet Airways founder Naresh Goyal, accused in a money laundering case. On May 6, the high court had granted interim bail for two months on medical grounds to Goyal, arrested in a money laundering case by the Enforcement Directorate (ED). 75-year-old Goyal has now filed an application seeking extension of the same. Goyal, who is suffering from cancer, had submitted to the high court that he has to undergo a preliminary laparoscopic surgery. His counsel Aabad Ponda told a single bench of Justice N J Jamadar that the surgery is scheduled on July 23. The bench took note of this and extended the interim bail for four weeks. «Having perused the medical reports and the situation in which the applicant finds himself, in the backdrop of the physical and psychological ailments, aggravated on account of the demise of his wife, I deem it appropriate to extend the interim bail on medical ground by a period of four weeks,» the HC said. It would hear Goyal's plea for bail both on merits and medical grounds on August 2.
12.07 / 20:55
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Share market update: Most active stocks of the day in terms of traded value
The NSE Nifty index ended the session 8.5 points down at 24315.95, while BSE Sensex fell 27.43 points to 79897.34.
12.07 / 20:55
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Mahua Moitra makes a comeback in Parliament, says BJP paid a heavy price of 63 MPs for expelling me
India Trinamool Congress (AITC) member Mahua Moitra made a comeback to the Lok Sabha on Monday after her expulsion from Parliament in December 2023. During her address in the Lower House, Moitra criticized the Bharatiya Janata Party (BJP), highlighting their significant loss of 63 Members of Parliament (MPs). In her speech, Moitra expressed gratitude to the people of her constituency, Krishnanagar, for their unwavering support. She further said that earlier she was saved by Hindu god Krishna, and this time the people of Krishnanagar ensured that she returns to the Parliament.
12.07 / 20:55
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Buy Solar Industries India, target price Rs 13250: ICICI Securities
Solar Industries India with a target price of Rs 13250. The current market price of Solar Industries India is Rs 12119. Solar Industries India Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 110128.66 Crore) operating in Chemicals sector.
12.07 / 20:53
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Shares of Godrej Consumer rise as Nifty drops
Godrej Consumer Products Ltd. gained 2.56 per cent to Rs 1409.4 in Monday's trade as of 10:20AM (IST). It hit a high of Rs 1410.0 and low of Rs 1371.7 during the session. The stock quoted a 52-week high price of Rs 1467.3 and a low of Rs 959.55. The return on equity for the stock stood at -4.44 per cent. About 20,177 shares have changed hands on the counter so far.
12.07 / 20:47
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Hemant wins trust vote, new ministers including Champai Soren take oath
assembly in Ranchi on Monday. He took oath as CM on July 4. Amid walkout by Opposition BJP and allies, the Soren government received 45 votes in the House. Soon after the trust vote, Soren expanded his ministry. Six ministers from JMM, four from Congress and one from RJD took oath.
12.07 / 20:47
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Rohit Sharma to lead India in ODI and Test formats, BCCI secretary Jay Shah confirms
T20 World Cup-winning skipper Rohit Sharma will continue to lead India in the ODI and Test formats BCCI secretary Jay Shah said on Sunday, exuding confidence that the country will win next year's Champions Trophy and World Test Championship under his captaincy. The 37-year-old Rohit, who became the third Indian captain after legendary Kapil Dev and Mahendra Singh Dhoni to win a global trophy, has announced his retirement from the T20 format. «The next stage is the WTC final and the Champions Trophy. I have full faith in Rohit Sharma's captaincy, that we will be the champions in both these tournaments,» secretary Shah said in a video message. The Champions Trophy, scheduled in Pakistan next year, will be held after eight years (since 2017 in UK), and even though the draft schedule has been submitted to the ICC, the BCCI hasn't yet given its green light to it.
12.07 / 20:45
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Marico shares up 0.07% as Nifty gains
Marico Ltd. traded 0.07 per cent up in Thursday's trade at 12:18PM (IST). Around 17,788 shares changed hands on the counter. The scrip opened at Rs 614.95 and touched an intraday high and low of Rs 614.95 and Rs 605.85, respectively, in the session so far. The stock of Marico Ltd. quoted a 52-week high of Rs 666.85 and a 52-week low of Rs 486.75.
12.07 / 20:39
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PI Industries shares gain 3.87% as Sensex rises
PI Industries Ltd. traded 3.87 per cent higher in Tuesday's session at 10:05AM (IST). The stock opened at Rs 3795.95 and has touched an intraday high and low of Rs 3910.7 and Rs 3795.45, respectively, during the session so far. The stock quoted a 52-week high of Rs 4032.0 and a 52-week low of 3060.0. About 12,231 shares changed hands on the counter so far.
12.07 / 20:37
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Stock market update: Nifty Auto index falls 0.54%
Shares of Tata Motors Ltd.(up 0.91 per cent), Tata Motors Ltd.(up 0.78 per cent), Exide Industries Ltd.(up 0.62 per cent), Eicher Motors Ltd.(up 0.37 per cent) and Bharat Forge Ltd.(up 0.12 per cent) ended the day as top gainers in the pack.
12.07 / 20:25
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India's defence exports soar to Rs 21,083 crore, SIDM reports
exports also soared to an unprecedented Rs 21,083 crore, reflecting a nearly 35% increase over the last fiscal year. Visionary Leadership of 'Aatmanirbhar Bharat' This achievement underscores Prime Minister Narendra Modi's visionary 'Aatmanirbhar Bharat' initiative and the dedicated efforts of the Ministry of Defence under the Defence Minister's leadership. A significant 60% of this growth is attributed to the private sector, highlighting the maturing Defence Industrial Base of India.
12.07 / 20:24
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Varun Beverages shares drop 0.4% as Sensex falls
Varun Beverages Ltd. traded 0.4 per cent lower in Wednesday's session at 10:35AM (IST). The stock opened at Rs 1614.55 and has touched an intraday high and low of Rs 1628.5 and Rs 1601.0, respectively, during the session so far. The stock quoted a 52-week high of Rs 1673.7 and a 52-week low of 785.0. About 34,731 shares changed hands on the counter so far.
12.07 / 20:19
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2020
Will Joe Biden resign to pave way for Kamala Harris? Democrats have these three options
Joe Biden has refused to pull out of the race for the White House in the most unambiguous words, some people believe that he would have to step aside sooner or later and it is not the question of if but when. In an article published in 'New York Post', journalist Henry Olsen wrote that a candidate can come back from a deficit of six points, but before the disastrous first presidential debate on June 27, Biden had the lowest job approval ratings of any first-term president in history. It would be difficult for him to make a comeback from where he is after the debate. The data leaked by Open Labs made it clear that the Democrat contender is behind or tied in normally Democratic states like Minnesota, New Mexico and Virginia. These data were consistent with a 6-point deficit, which is a 10.5-point drop from Biden’s 2020 victory margin. So, there is an uphill task for the incumbent president.
12.07 / 20:19
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J P Nadda to visit Jammu on July 6 to set party into motion for assembly elections
BJP national president and Union Minister J P Nadda will visit Jammu on July 6 to set the party into motion by announcing plans for the upcoming assembly polls in Jammu and Kashmir. Nadda, who will receive a warm reception in Jammu following the BJP's third consecutive victory, will review the party's operations. This move is crucial as the Election Commission of India (ECI) begins updating the electoral rolls in the Union Territory, paving the way for the assembly elections in Jammu and Kashmir along with other states. «Nadda is arriving in Jammu to assess the party's functioning and discuss strategies for the upcoming assembly elections in Jammu and Kashmir,» Jammu and Kashmir Bharatiya Janata Party (BJP) chief Ravinder Raina told PTI.
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