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07.05 / 02:45
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Voting begins for 93 seats in third phase of Lok Sabha elections
polling started for 93 Lok Sabha seats across 12 states and union territories in the third phase of the general election on Tuesday at 7:00 am. The states and union territories where the elections are being held in this phase are Assam (4), Bihar (5), Chhattisgarh (7), Dadra and Nagar Haveli and Daman and Diu (2), Goa (2), Gujarat (25), Karnataka (14), Maharashtra (11), Madhya Pradesh (8), Uttar Pradesh (10) and West Bengal (4). The BJP has bagged the Surat seat unopposed. In this phase, more than 1300 candidates, including around 120 women, are in the fray.
07.05 / 02:09
UPS
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country
reports
Fusion MicroFinance Q4 results: Net profit up 16% to Rs 133 crore
Fusion MicroFinance on Monday reported a 16% year-on-year rise in March quarter net profit at Rs 133 crore against Rs 115 crore in the year ago period, supported by business expansion and higher earnings. The lender's net interest income was 32% higher at Rs 360 crore against Rs 274 crore earlier. Total income grew 30% at Rs 675 crore.
07.05 / 02:09
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Stocks in news: PB Fintech, Dr Reddy's, HPCL, Godrej Consumer, LTIMindtree
PB Fintech, Dr Reddy's, HPCL, Godrej Consumer, LTIMindtree among others will be in focus due to various news developments and quarterly earnings. PB Fintech, Dr Reddy's Shares of PB Fintech and Dr Reddy's will be in focus in today's trade as the companies will announce their quarterly results.
07.05 / 02:09
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International
Indian-origin astronaut Sunita Williams space mission aborted due to technical glitch in rocket
crewed test flight of Boeing's new Starliner space capsule was called off for at least 24 hours over a technical issue that launch teams were unable to resolve in time for the planned Monday night lift-off. The CST-200 Starliner's inaugural voyage carrying astronauts to the International Space Station (ISS) has been highly anticipated and much-delayed as Boeing scrambles to compete with Elon Musk's SpaceX for a greater share of lucrative NASA business.
07.05 / 00:23
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Cycling
Deepak Nitrite surges 4.8% after double upgrade from Morgan Stanley
Deepak Nitrite surged 4.8% after Morgan Stanley gave a 'double-upgrade' in its rating on the stock to overweight. The brokerage set a price target of ₹2,985 on the stock, implying an upside of about 16% over its Monday closing price of ₹2,560.5. The brokerage said Deepak Nitrite is in the midst of its largest investment cycle, transitioning into India's largest, integrated phenolics producer.
06.05 / 21:09
Citi
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information
Microsoft buys land in Hyderabad for Rs 267 cr to build data centre
Microsoft Corporation recently acquired 48 acres of land in Hyderabad for a deal valued at approximately Rs 267 crore. The property was purchased from the land aggregator, Sai Balaji Developers, located in Ranga Reddy district, as per the document shared by Propstack, a data analytics firm. «Microsoft has big plans to expand its data centre business and will be developing one of the biggest data centres in the region. The property is located about forty kilometres from the main city of Hyderabad, and the company paid a premium on the land,» said a person aware of the deal.
06.05 / 21:09
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Daylight saving time 2024 in USA: List of states, US territories that don't follow the practice
Daylight saving time 2024 has begun in the USA and it will end on November 3. During the period spanning from March to November, a common practice among the majority of Americans involves the adjustment of their clocks forward by one hour, known as daylight saving time. Even though there is no federal law to enforce Daylight saving time, most of the states are following the annual practice. However, Arizona and Hawaii do not follow Daylight saving time policy.
06.05 / 18:23
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International
Associate at US bank said to die after working 120 hour weeks
An associate at a US investment bank is understood to have passed away after allegedly working 120-hour weeks on a deal in the Financial Institutions Group (FIG) sector.
06.05 / 16:55
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wellness
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PlayStation 5, Nintendo Switch, PC new video game this week. Details here
video game is heading to a device near you. It's time to play the video game on PlayStation 5, Nintendo Switch and PC. Video Games 101 teaches us that if you have to go underground, you’re going to be attacked by all sorts of ghastly beasts. "Animal Well" video game, from indie publisher Bigmode, takes a different approach. This cave has some creatures you might not expect, like flamingos and kangaroos, and some of them are helpful rather than hostile.
06.05 / 16:35
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security
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Food
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India allows 14,000 MT non-basmati white rice exports to Mauritius
New Delhi: India on Monday permitted export of 14,000 million tonnes of non-basmati white rice to Mauritius, the Directorate General of Foreign Trade (DGFT) said in a notification. “The export of 14,000 MT of Non-Basmati White Rice to Mauritius has been permitted through National Cooperative Exports Limited (NCEL),” the DGFT said. In July 2023, the government had prohibited the export of non-basmati white rice but it had said exports would be allowed on the basis of permission granted to other countries to meet their food security needs and based on requests from those countries.
06.05 / 16:35
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65 candidates in first phase assembly polls have criminal cases
candidates remained in the fray for the first phase of assembly elections in Odisha have criminal cases pending against them, according to a report of the Association for Democratic Reforms (ADR). In the first phase, voting for 28 assembly constituencies along with four Lok Sabha seats will be held on May 13. Out of 65 (27 per cent) candidates, who have declared criminal cases against themselves, 48 (20 per cent) are facing serious criminal charges, said the Association for Democratic Reforms (ADR) in its report released on Monday. Among the major parties,18 BJP candidates, 17 Congress, 9 BJD and 3 AAP have declared criminal cases against themselves in their affidavits.
06.05 / 16:35
Fox
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International
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AI-controlled US Air Force F-16 Fighter Jet: All you need to know
US Air Force Secretary Frank Kendall rode on an Artificial Intelligence (AI) Controlled F-16 Fighter Jet over the Californian Desert. It was only last month that Kendall made an announcement before the US Senate Appropriation Committee's defense panel that he intended to fly this aircraft controlled by autonomous systems powered by AI. He flew to the Edwards Air Force Base, as per a report on Fox News. The F-16 was controlled by AI called Vista and it flew at a speed of over 550mph. There were also two other F-16’s which flew besides this AI controlled jet which were piloted by air force pilots. The three aircrafts maneuvered and performed all other actions which are typical of a fighter aircraft.
06.05 / 13:57
Strategy
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Godrej Consumer Q4 Results: FMCG major posts loss of Rs 1,893 crore against profit a year ago
Godrej Consumer Products (GCPL) on Monday reported a consolidated net loss of Rs 1,893 crore for the quarter ended March 31, 2024, versus net profit of Rs 452.14 crore in the year-ago period. The company also declared an interim dividend of Rs 10 per share for the financial year 2024-25 and the record date for ascertaining the names of the shareholders who will be entitled to receive the said dividend is Tuesday, May 14, 2024. The dividend will be paid on or before Wednesday, June 5, 2024.
06.05 / 13:57
Provident
Metro
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International
Bhumika group to develop 3 lakh sq ft of retail space with government
Bhumika Group, Rajasthan’s largest mall developer has planned to develop 300,000 sq ft of retail space under the Public-Private Partnership (PPP) model with various government authorities. The company is already developing retail space at NHPC Metro Station in Faridabad and plans to take more such space. It has entered into a joint development agreement to develop a high-street retail project spread across 550,000 sq ft in Faridabad.
06.05 / 12:23
UPS
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track
2020
Railways clocks 1.46% higher freight loading in April 2024
Indian Railways has loaded 128.29 million tonnes (MT) freight during April 2024. This is 1.46% higher than the 126.45 MT freight loading for April 2023. With this, the national transporter has clocked the 55th straight month of highest ever freight loading, beginning October 2020. Freight revenue earnings during the month under review stood at Rs 14,075.14 crore, up from Rs 13,893.27 crore in April 2023. Railways loaded of 57.64 MT in Coal, 14.88 MT in Iron Ore, 5.24 MT in Pig Iron and Finished Steel, 6.79 MT in Cement, 4.75 MT in Clinker, 3.85 MT in Foodgrains, 4.01 MT in Fertilizers, 4.16 MT in Mineral Oil, 6.57 MT in Containers and 9.54 MT in Balance Other Goods during April 2024. For the full fiscal ending March 2024, Indian Railways loaded 1591 MT freight up from 1512 MT in the preceding fiscal. Records of railway electrification, new lines, and track replacement were also made during the fiscal 2023-24. Within goods loading, the Railways ferried 787.61 MT of Coal, 180.95 MT of Iron ore, 153.80 MT of Cement, and 114.36 MT as Balance Other Goods for the full fiscal 2023-24.
06.05 / 12:23
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rights
Taking legal advice on returning looted corruption money to people: PM Modi
Andhra Pradesh): Prime Minister Narendra Modi on Monday said he was taking legal advice on how to return the money of poor people 'looted' in corruption. Referring to the seizure of «mounds of cash» by the Enforcement Directorate from the domestic help allegedly linked to the secretary of a Jharkhand minister, Modi wondered why such persons were «close to the Congress' first family.» «They have made the worker's house a godown of corruption. This is not the first time as a bigger seizure was made from an MP (in Jharkhand) earlier also and it was such a big cache that even machines were tired of counting.» The PM was addressing a rally at Vemagiri here, which was attended by TDP leader Nara Lokesh and Jana Sena chief Pawan Kalyan.
06.05 / 12:17
Citi
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Limelight
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President
BJP asked me to withdraw candidature, says former RSS man; ruling party calls claim fictional
Abhay Jain on Monday said some BJP leaders had requested him to withdraw his candidature from Indore Lok Sabha seat in Madhya Pradesh, a claim dismissed by the ruling party as «fictional» and «publicity driven». Incidentally, Jain had contested the 2023 assembly polls from Indore-1 against BJP heavyweight (and eventual winner) Kailash Vijayvargiya and had lost his deposit. Jain is contesting the Lok Sabha poll as an independent since his Janhit Party, an umbrella body of former RSS pracharaks, is yet to get recognition from the Election Commission.
06.05 / 12:17
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CEO
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Hero Realty bags Indian Green Building Council's Gold Rating for green project
Hero Realty announced that it has bagged Indian Green Building Council (IGBC) Gold Rating for Saheb Project. It said that Gold Rating has been given for HRPL’s project situated in Sector 104 along the Dwarka Expressway.
06.05 / 12:17
Waves
FIVE
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Southern
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IMD issues fresh heatwave warning for 8 states as temperature remains above 45 degrees
Gangetic West Bengal and Tamil Nadu, with similar severe conditions noted in isolated regions of Odisha, Rayalaseema, interior Karnataka, and Telangana. Heat wave conditions have persisted in Odisha since the 15th of April, Gangetic West Bengal since the 17th, and Rayalaseema since the 24th of April, 2024, according to IMD. Heat wave conditions are expected to abate over east India starting today and over southern Peninsular India from tomorrow onwards. Additionally, there is a forecast for a new heat wave spell to affect Western India, encompassing Gujarat, Rajasthan, and western Madhya Pradesh, over the next five days.
06.05 / 12:17
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gatherings
Akhilesh Yadav will be defeated in Kannauj, Rahul Gandhi in Rae Bareli: Keshav Prasad Maurya
Keshav Prasad Maurya on Monday said both Samajwadi Party chief Akhilesh Yadav and Congress leader Rahul Gandhi will be defeated in Kannauj and Rae Bareli, respectively in the Lok Sabha elections. Addressing a gathering in support of BJP candidate from Shravasti, Saket Mishra, Maurya said the manner in which Akhilesh's wife Dimple Yadav was defeated in 2019 from Kannauj, the same will be his fate this time. «Rahul will also taste defeat from Rae Bareli,» he said. The BJP leader expressed confidence of the saffron party winning more than 400 seats in the general elections.
06.05 / 10:13
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Justice
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Courts
Supreme Court grants anticipatory bail to Umar Ansari in model code violation case
Supreme Court on Monday granted anticipatory bail to Umar Ansari, son of gangster-politician the late Mukhtar Ansari, in a case of alleged violation of the model code of conduct during the 2022 Uttar Pradesh assembly elections. A bench of Justices Hrishikesh Roy and PK Mishra asked Umar Ansari to appear before the trial court which will enlarge him on bail. During the hearing, senior advocate Garima Prashad, appearing for the Uttar Pradesh government, said Ansari has not been appearing before the trial court in the case. She said it is a case of inciting people in a congregation and the co-accused, who appeared before the trial court, have got regular bail.
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