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Crompton Greaves Consumer Electricals Ltd. slipped 0.64 per cent to Rs 426.0 in Wednesday's trade as of 10:25AM (IST). It hit a high of Rs 435.95 and low of Rs 426.0 during the session. The stock quoted a 52-week high price of Rs 435.95 and a low of Rs 262.1. The return on equity for the stock stood at 14.66 per cent. About 75,372 shares have changed hands on the counter so far.

rupee stayed on the upward track for the second straight session and appreciated 6 paise to 83.37 against the US dollar in early trade on Wednesday boosted by sustained inflow of foreign capital and firm equity markets. The local unit, however, faced resistance due to a stronger American currency and higher crude oil prices overseas, forex traders said. At the interbank foreign exchange market, the local unit opened strong at 83.39 and gained further to 83.34 against the greenback in initial deals. It later traded at 83.37 against the American currency, registering a rise of 6 paise from its previous close.

Au Small Finance Bank Ltd. gained 1.39 per cent to Rs 675.25 in Wednesday's trade as of 10:15AM (IST). It hit a high of Rs 675.95 and low of Rs 651.0 during the session. The stock quoted a 52-week high price of Rs 813.0 and a low of Rs 554.0. The return on equity for the stock stood at 13.06 per cent. About 84,966 shares have changed hands on the counter so far.

Zomato Ltd. traded 2.54 per cent up at Rs 193.5 on Wednesday at around 09:59AM (IST), while the benchmark BSE Sensex advanced 159.09 points to 77460.23. As many as 2,329,585 shares changed hands on the counter with a total value of Rs 44.94 crore.

fire broke out at a residential society in Ghaziabad's Vasundhara on Tuesday night. On getting the information fire officials reached the spot, doused the fire, and rescued residents safely. Fire official Rahul Pal said, «At 11:20 PM we received a call regarding a fire at flat no 613 at Merlin Society in Vasundhara. Promptly three of our fire brigade rushed to the spot and started rescuing people. An elderly woman who was trapped in flat no 605 because of smoke was also rescued.» «An additional fire brigade was called in and the fire was doused after one and a half hours of efforts. No one received any injuries, everyone is doing fine and the situation is normal now,» he added.

On the BSE, Aditya Ispat(down 15.65 per cent), Banas Finance(down 12.55 per cent), Money Masters(down 9.96 per cent), Sonalis Consumer Pro(down 9.94 per cent) and Innovative Tech(down 8.99 per cent) were among the stocks that plunged over 5 per cent during the session.

Badarpur area in Assam's Karimganj district late Tuesday night, police said. A three-year-old boy was also among the deceased.

The net proceeds from the fresh issue will be used towards funding working capital requirements, debt repayment, and other general corporate purposes.

hydroelectricity production in recent times may further coal usage to meet its rising power demand in the coming months, S&P Global Commodity Insights said on Tuesday. It is also likely to keep the coal import window open for the country. This is despite an increase in coal production, which touched the 1-billion-tonne mark in FY24, which was in line with the government's target of reducing the country's dependence on coal imports, it said. Depleting hydroelectricity generation in the backdrop of irregular rainfall last year has led to a lower water level available in the country's primary reservoirs which could further reduce generation during the summer, it said. India has imported around 85 million tonnes of thermal coal so far in 2024, S&P Global Commodities at Sea data showed.

law committee under the goods and services tax (GST) council has recommended an amendment to GST act to raise tax notices where the low tax was paid due to interpretation of law or lack of clarity, ET has learnt. The recommendation, if approved by the council may give relief to a large number of industries including online gaming industry, which was seeking relief from retrospective tax notice. The recommendation may be placed before the GST council and once approved this would pace way for quashing a large number of notices sent to online gaming industry.

tax collection in the April 1-June 17 period, net of refunds, increased 20.99% year-on-year to ₹4.62 lakh crore, showed official data released on Tuesday. Net tax collection stood at ₹3.82 lakh crore in the year-ago period. The net direct tax collection comprised ₹1.81 lakh crore as corporate income tax and ₹2,81,013 crore as personal income tax, including securities transaction tax.

Australian Broadcasting Corporation (ABC) on "Indian spies" and the Modi government's «infiltration» in Australia has uncanny similarities with «revelations» made in the report of Canadian Broadcasting Corporation (CBC) which also made similar allegations. The ABC report claimed that the Sikh diaspora and their families in India have been «coerced» by Indian authorities and that the Australian government while expanding ties with India is worried about «Indian spies» on its soil. The ABC report also refers to the Hardeep Singh Nijjar case and the Canadian government's accusation against India. «As the federal government embraces Narendra Modi and his administration as an important partner, the long arm of the Indian state is reaching Australia, silencing critics and threatening members of the diaspora… In 2020, India-Australia relations seemed better than ever. Trade deals were blossoming and a range of defence alliances were being signed in response to China's growing power in the region. In secret though, Australia was unhappy with India's spy operations in the country,» alleged the ABC report titled 'Infiltrating Australia', published on June 17.

assembly polls, the Champai Soren-led coalition government in Jharkhand may witness a Cabinet expansion in July. Jailed former CM Hemant Soren's wife Kalpana Soren could be one of the inductees. There are two vacancies in the Champai Soren's Cabinet and both may be filled to send a political message before assembly polls. Kalpana had won Gandey assembly byelection in May. In the runup to parliamentary elections, she emerged as the party's star campaigner in the absence of Hemant, who has been lodged in jail since January in connection with a money laundering case linked with an alleged land grab. According to JMM sources, Kalpana may be inducted in the Cabinet to portray her as the party's main face in the forthcoming polls. Sources close to her, however, denied this speculation, saying she won't want to enter the government for less than six months. JMM may not want to risk replacing Champai with Kalpana in the CM's chair as this could trigger an internal rebellion.

Bhubaneswar: BJD president and former Odisha chief minister Naveen Patnaik on Tuesday greeted newly elected first-time BJP MLA Laxman Bag, who defeated him in the recently concluded Assembly polls from Kantabanji seat in Bolangir district. Patnaik, known for his composed demeanour, was making his way through the House after taking the oath as a member of the Assembly when he came face-to-face with Bag, who stood up from his seat. «How are you?» Bag inquired with folded hands. As Bag introduced himself, Patnaik responded, «Oh, you defeated me.»

Telugu Desam Party (TDP) has decided against pushing for the Speaker's post and instead has prepared Andhra Pradesh-specific Union ministry-wise list of demands. The key National Democratic Alliance partner is unlikely to pressurise BJP and go with the latter's choice of candidate for the Speaker's post. TDP chief N Chandrababu Naidu is more interested in pushing for central funds for Andhra Pradesh-specific projects. According to sources, TDP is preparing ministry-wise list of demands that the southern ally will push with the Centre. On top of the list is central funds for the development of Amaravati as the capital of Andhra Pradesh and clearance of arrears pertaining to the Polavaram Irrigation Project by the Centre. Amravati's importance in Naidu's political agenda was evident when he declared that the city would be the only capital of Andhra Pradesh even before he formally took oath as chief minister. Naidu will also push for clearance of arrears relating to the Polavaram project — a long-standing demand of the Andhra Pradesh state government. The bone of contention has been cost escalation of the project owing to delays in implementation, increase in land required for the project and then acquired and the number of persons displaced by the project. Though the Jagan Mohan Reddy-led YSRCP government had pushed this, the chief minister had limited success with the Centre. Party sources indicated that Naidu will push the demand again.

JDU's Sitamarhi MP Devesh Chandra Thakur's remark that he won't do any work for Muslims and Yadavs as they did not vote for him in the Lok Sabha polls have raised Bihar's political temperature. He made the comment in his constituency which he won by defeating RJD candidate Arjun Ray by 51,356 votes. Thakur's statement has drawn flak from his own party, with senior JDU leader and state minister Vijay Choudhary stating that the government led by Nitish Kumar and JDU believe in taking people of all communities together. «We have a proven track record of working for all communities and that has resulted in us getting support from everyone,» he told ET. "...It is shameful to make such a statement. I appeal to Thakurji to take back this controversial statement," JDU MP from Banka, Giridhari Yadav, posted on X.

BJP getting ready for Maharashtra assembly polls, the party on Tuesday made it clear that there won't be any change in the state leadership and the government. After the poor performance of BJP-led alliance in Maharashtra, state's deputy CM and BJP leader Devendra Fadnavis had offered to resign from his post. Responding to queries of any change in state leadership and government, Union minister Piyush Goyal, MP from Mumbai North, said, «There will be no change in the state government and once again we will form the Maha Yuti government.» Fadnavis accompanied Goyal when he was talking with reporters after a meeting at BJP headquarters over Maharashtra assembly polls. BJP is exploring the option of declaring candidates for Maharashtra, Haryana and Jharkhand polls, scheduled to be held later this year, before election panel announces dates, sources said.

Shiladitya Chetia, an Indian Police Service (IPS) officer serving as secretary in the home and political departments in the Assam government, allegedly died by suicide. He took the step soon after he heard about his wife's death in the hospital. His wife had been suffering from cancer. Assam Director General of Police, G P Singh stated in X, “In an unfortunate turn of events, Shiladitya Chetia IPS 2009 RR, Secretary Home & Political Government of Assam, took his own life this evening, a few minutes after the attending physician declared the death of his wife who was battling cancer for a long time. Entire Assam Police family is in deep grief”.

Joe Biden replace Kamala Harris with former First Lady Hilary Clinton? This question is looming large on the Democrats, the voters as well as the US political system. This has become particularly important in the wake of the increasing number of incidents that raise questions about the cognitive health of the president. The debate was once again triggered after US President appeared to lose his way during a G-7 event in the Italian city of Apulia. Joe Biden Biden wandered off and started a conversation with an officer who was packing a bag. The embarrassing situation came to such a pass that Italian Prime Minister Giorgia Meloni came forward and redirected the US president to his place among the other leaders.

Collins on Tuesday cautioned against getting carried away with recent inflation data that suggested price pressures may again be retreating back to the U.S. central bank's goal. «It is too soon to determine whether inflation is durably on a path back to the 2% target,» Collins said in the text of a speech to a group in Lawrence, Massachusetts. «We should not over-react to a month or two of promising news, just as it was not appropriate to take too much (of a) signal from the disappointing data at the beginning of this year,» she said.

New Delhi: The BJP on Tuesday ruled out any change in its leadership in Maharashtra after the party's poor showing in the recent Lok Sabha elections. The decision was taken at the Maharashtra BJP's core group meeting with party president JP Nadda and Union Home Minister Amit Shah. «There will be no change in leadership in Maharashtra,» Union Minister Piyush Goyal told reporters at the BJP headquarters. The meeting was attended by state BJP chief Chandrashekhar Bawankule, senior leaders Sudhir Mungantiwar, Chandrakant Patil, Pankaja Munde and Vinod Tawde, among others.