Kenyan police used rubber bullets and tear gas on protesters in Nairobi. This comes despite President William Ruto scrapping tax hikes after deadly clashes. Young Kenyans led the protests, catching authorities off-guard. Dozens rallied in Nairobi. Ruto made a U-turn on the tax hikes but protesters criticised it as too late. The unrest has led to a state-backed rights group investigating 22 deaths and 300 injuries nationwide. International community calls for accountability and respect for peaceful protests.
Step back in time and immerse yourself in the Mughal era at Sunder Nursery. History buffs and nature lovers can rejoice at Purana Qila.
GT Force's GT Texa, priced at Rs 1.20 lakh, offers a 130 km range with a 3.5 kWh battery. The electric motorcycle features alloy wheels, E-ABS controller, and telescopic dual suspension systems for a comfortable ride. Available in multiple states, it complements GT Force's electric two-wheeler lineup.
The Reserve Bank of India, in collaboration with the Indian government, has unveiled a revised framework on currency swap arrangements with South Asian Association for Regional Cooperation (SAARC) countries for the period spanning 2024 to 2027.SAARC comprises Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka.
Urban Company, a Gurugram-based home services platform, saw its revenue in the April-June period grow 38% at Rs 282-283 crore, cofounder and CEO Abhiraj Singh Bhal told ET. Urban Company’s profit before tax margin was 4% for the period, he added.
Almost 50 per cent of adults in India engaged in insufficient levels of physical activity in 2022
In the Nifty pack, 37 stocks closed in the green, while 13 stocks ended in the red.
Sri Lanka’s leading telecom company, Dialog Axiata, has acquired 100% of Bharti Airtel’s subsidiary, Airtel Lanka, following the completion of an all-stock deal. Bharti Airtel now holds a 10.355% share in Dialog Axiata as a result of the share swap transaction.
HDFC Bank announced major revisions to its credit cardholders about terms and charges. The following changes to your HDFC Bank credit card charges will come into effect on August 1, 2024.
The RBI has highlighted concerns over consumer loans, noting that over half of borrowers have three or more loans simultaneously. The Financial Stability Report flags high delinquency rates, especially among personal loans under ₹50,000 and loans from fintech lenders. Despite overall improvements in credit quality, stress in retail loans remains significant, particularly for private sector banks.
This week in California, the largest auction of Diana memorabilia since the late British princess sold scores of clothes just months before her death, will feature a dark blue tulle dress and a lace-up number in the style of flamenco.
A Bengaluru cab driver revealed to a passenger that he earns ₹3,000 to ₹4,000 daily, supplemented by driving for Ola, totaling up to ₹75,000 per month. The Reddit post detailing this conversation has received over 300 upvotes and sparked a discussion on cab drivers' earnings, highlighting different perspectives on work and income.
The Nifty Pharma index closed 0.16 per cent down at 19514.8.
The Nifty Realty index closed 0.05 per cent down at 1098.95.
The Hyundai Inster EV, with its retro-modern design and advanced features, presents a stylish and functional option for urban drivers. This compact electric SUV combines innovative technology with a spacious interior, making it a compelling choice in the evolving electric vehicle market.
In 2019, Finance Minister Nirmala Sitharaman attempted to break away from British traditions by ditching the briefcase containing Budget documents that was historically brought in by other FMs.
The Indian employment market is expected to expand by more than 6% in the first half of the fiscal year, driven by a positive economic climate across 23 industries, according to TeamLease Services' Employment Outlook Report for H1 FY25. The report, which surveyed 1,417 employers in 20 cities, found that 56% of employers plan to grow their workforce in the coming months, 23% expect to maintain current levels, and 21% foresee a decline in staff numbers.
Iconic former India all-rounder Kapil Dev feels Jasprit Bumrah is a "1000 times better" bowler than what he was at his prime. Bumrah, who has been doing exceptionally well in the ongoing T20 World Cup, snaring 11 wickets at an outstanding economy of 4.08 in the 23 overs he has bowled so far.
The Nifty Auto index closed 0.69 per cent up at 25191.4.
The widening gap in valuations between the mid-cap as well as the small cap pack and the largecap pack means that this is a wonderful opportunity to rotate it and bring down the average one-year forward PE of the portfolio by buying good quality, solid, robust largecaps, says Sunil Subramaniam.