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REC Ltd. slipped 3.22 per cent to Rs 610.0 in Friday's trade. It hit a high of Rs 630.7 and low of Rs 608.35 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 496.64, while the 50-DMA was at Rs 600.11. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.

Bharat Forge Ltd. traded 2.5 per cent lower in Friday's session at 01:34PM (IST). The stock opened at Rs 1611.3 and has touched an intraday high and low of Rs 1611.3 and Rs 1561.35, respectively, during the session so far. The stock quoted a 52-week high of Rs 1826.2 and a 52-week low of 1002.7. About 73,864 shares changed hands on the counter so far.

international students is causing financial hardship for UK universities, they said on Thursday, calling for a hike in domestic tuition fees to offset yawning deficits. The president of Universities UK (UUK), which represents 141 British higher education institutions, said all its universities were «feeling the crunch» since the curbs came in last year. «There is now a clear choice: we can allow our distinguished, globally competitive higher education system to slide into decline or we can act together,» said Sally Mapstone.

Tata Power Company Ltd. rose 0.65 per cent to Rs 417.7 in Friday's trade. It hit an intraday high of Rs 421.25 and low of Rs 414.65, respectively, during the day. The stock quoted a 52-week high price of Rs 470.85 and low of Rs 230.75.

Communist Party of India (Marxist) General Secretary Sitaram Yechury, who is under treatment for a severe lung infection at the Delhi AIIMS, is stable and showing a positive response to treatment, the party said on Friday. «Comrade Sitaram Yechury, General Secretary of Communist Party of India (Marxist), has been under treatment in the intensive care unit of the All India Institute of Medical Sciences, New Delhi.

Harvinder Singh said that it is a proud moment for a player when the national anthem is played. Harvinder got his hands on India's first-ever gold medal in para-archery at the Paralympics. In a one-sided final, Harvinder ousted Poland's Lukasz Ciszek with a straight-set win, 6-0. Speaking to ANI, Harvinder said that it was a proud feeling when he won the gold medal for India at the Paris Paralympics.

Rupee rose by 2 paise to 83.95 against the US dollar in early trade on Friday amid a weaker dollar against major currencies overseas. An upward movement in the international crude oil prices, negative domestic equity markets and outflow of foreign capital capped gains in the local unit, forex traders said. At the interbank foreign exchange market, the rupee opened 1 paisa higher at 83.96 against the greenback. The domestic unit had settled 4 paise higher at 83.97 on Thursday.

Marico Ltd. traded 3.13 per cent higher in Friday's session at 09:59AM (IST). The stock opened at Rs 650.9 and has touched an intraday high and low of Rs 673.2 and Rs 648.9, respectively, during the session so far. The stock quoted a 52-week high of Rs 692.7 and a 52-week low of 486.75. About 56,167 shares changed hands on the counter so far.

Cholamandalam Investment & Finance Company Ltd. traded 0.56 per cent up at Rs 1541.4 on Friday at around 10:15AM (IST), while the benchmark BSE Sensex declined 792.83 points to 81408.33. As many as 105,728 shares changed hands on the counter with a total value of Rs 16.38 crore.

Uttarakhand government has said that participation of state employees in morning and evening meetings and other cultural and social activities of Rashtriya Swayamsevak Sangh (RSS) will not be considered a violation of Uttarakhand State Employees Conduct Rules-2002. In this regard, Additional Chief Secretary Anand Vardhan has issued orders that state employees can participate in RSS programs provided this work does not cause any hindrance in their official duties and responsibilities. In a letter dated September 5 Additional Chief Secretary Anand Vardhan said, «After due deliberation by the Government, it has been decided that participation of any Government employee in Rashtriya Swayamsevak Sangh (RSS) branch (morning/evening meeting) and other cultural/social activities will not be considered as a violation of Uttarakhand State Employees Conduct Rules, 2002 (as amended from time to time).»

CreditAccess Grameen with a target price of Rs 1555. The current market price of CreditAccess Grameen Ltd. is Rs 1179.5. CreditAccess Grameen Ltd., incorporated in the year 1991, is a Mid Cap company (having a market cap of Rs 18798.64 Crore) operating in NBFC sector.

Land Acquisition Officer of the Karnataka Industrial Area Development Board (KIADB), and land broker Maibub Allabuksh Dundasi under the Prevention of Money Laundering Act (PMLA), 2002. This action is part of an ongoing investigation into a fraudulent double payment scheme involving KIADB, where compensation amounting to Rs. 72 Crore was improperly disbursed. ED initiated investigation on the basis of FIR registered by Vidyagiri Police Station, Dharwad under various sections of IPC, 1860 against V D Sajjan (Former Special Land Acquisition Officer of KIADB Dharwad Zonal Office) and others.

European Union's climate change monitoring service said on Friday, as global warming continues to intensify. The boreal summer of June to August this year blew past last summer to become the world's warmest, the Copernicus Climate Change Service (C3S) said in a monthly bulletin. The exceptional heat increases the likelihood that 2024 will outrank 2023 as the planet's warmest on record.

India has started producing blockbuster clavulanic acid for the first time in what could reduce its dependence on China for APIs. Mumbai-based Kinvan has started producing clavulanic acid that goes into making Augmentin, used to treat various bacterial infections, people in the know told ET. Industry sources say the company has started producing small batches and will begin full scale production of 300 metric tons towards end of this year. Kinvan will invest ₹447.17 crore to build 300 mt capacity plant to produce clavulanic acid.

finance minister Nirmala Sitharaman Thursday said there was no «friction» in the ties between the Centre and states over Goods and Services Tax and emphasised that the federal structure in this economic reform should be respected. «I completely deny that there's a lot of friction in the GST relationship with states,» Sitharaman said at 'The Finance Minister's Insight: Path Forward', held under the aegis of the Revenue Bar Association, in Chennai. «The Centre is not extracting revenue from states.» She also said simplifying and easing compliance on the taxpayers received top priority rather than raising revenue during all consultative meetings on the union budget.

Public Accounts Committee (PAC) is set to look into allegations against Securities and Exchange Board of India (Sebi) chief Madhabi Puri Buch and may summon her later this month, said people with knowledge of the matter. The matter was added to the PAC's agenda after several members demanded an inquiry into the functioning of Sebi and allegations against Buch at the panel's first meeting on August 29. The PAC is headed by Congress leader KC Venugopal and has members from both the ruling NDA and the opposition INDIA bloc. The agenda item doesn't specify the regulator or name the chief. It's listed as «Performance review of regulatory bodies established by act of parliament.» However, officials said it stemmed from the recent allegations against the Sebi chief. «The matter was added on suo moto basis in the August 29 meeting as many members were concerned about the serious allegations against the capital market regulator and the Sebi chief,» said one of the persons. «The concerned ministry officials may be summoned this month.»

National Company Law Tribunal in Mumbai has dismissed the Bank of Maharashtra’s application to initiate insolvency resolution proceedings against the personal guarantors of Gopal Krishna Oil Tech Industries Pvt. Ltd. The bankruptcy court, while dismissing the application observed that the lender had approached the tribunal beyond the period of the limitation. The division bench of Justice VG Bisht and a technical member Prabhat Kumar, while dismissing the lender’s application observed that the guarantees issued by personal guarantors stood invoked on April 3, 2018, and the amount due from the personal guarantees (PGs) became due and payable within 60 days from the date of receipt of the notice and becomes in default of the nonpayment of the amount stated in the notice after expiry of 60 days.

Nitin Gadkari on Thursday said there is no need to provide subsidies to electric vehicle makers as cost of production has come down and consumers are now opting for electric vehicles (EVs) or CNG vehicles on their own. Speaking at an event, Gadkari said initially costs of manufacturing electric vehicles were high, but as demand has increased, production costs have dropped, making further subsidies unnecessary. «Consumers are now choosing electric and compressed natural gas (CNG) vehicles on their own and I do not think we need to provide much subsidy for electric vehicles,» the minister said, pointing out the lower rate of GST on electric vehicles (5%) compared to petrol and diesel vehicles (28%). «In my opinion, manufacturing of electric vehicles no longer needs to be subsidised by the government,» he said, adding the demand for subsidies isn't justified anymore.

Mumbai: Congress leader Rahul Gandhi on Thursday took on Prime Minister Narendra Modi over his apology after a statue of the warrior king Shivaji at Malvan in Maharashtra's Sindhudurg district collapsed last month. Gandhi, who was in Sangli for a Congress party programme, said the collapse of the statue was an «insult» to the memory of Chhatrapati Shivaji and that the PM should apologise to every person in Maharashtra for the incident.

Waqf properties in the national capital region and those on the land parcels belonging to the ministries of road transport and railways. Urban Affairs and Road Transport Secretary Anurag Jain and Anil Kumar Khandelwal, Member Infrastructure, Railway Board, along with the officials from the respective ministries made presentations to the Joint Committee on the Waqf (Amendment) Bill. The officials of the Urban Affairs Ministry briefed the panel on the land acquisition process undertaken by the then British government in 1911 to build the city of Delhi. Parliamentary sources said there were heated moments during the meeting when the officials of the Urban Affairs Ministry were unable to respond to questions from members on the land acquisition process undertaken by the British administration.

Supreme Court has reserved its verdict on pleas filed by Delhi CM Arvind Kejriwal seeking bail and challenging his arrest by CBI for his alleged involvement in the Delhi excise policy case. Senior lawyer Abhishek Manu Singhvi, appearing for Kejriwal, said his arrest was nothing but an «insurance arrest», implying that CBI arrested him only to ensure that even if the CM gets bail in the ED case, he remains behind bars in CBI case. The CBI counsel alleged the Punjab government, at Kejriwal's behest, has denied sanction to prosecute some state officials who allegedly arm-twisted the owner of a Punjab-based distillery to comply with the alleged bribe demands. The counsel said the probe regarding that is stalled since the AAP government there hasn't given sanction under Section 17A of the Prevention of Corruption Act.