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Новости за 10.07.2024

SIP inflows@record high: Key takeaways from its remarkable growth journey

Economictimes.indiatimes.com 

SIP inflows reached Rs 213 billion, growing 53% since January. Contributions hit Rs 1.19 lakh crore, AUM at Rs 60.89 lakh crore in June. Record highs in SIP AUM, equity funds, with 8.99 million SIP accounts, 17 NFOs, Rs 12,974 crore from sectoral funds, and record retail folios. Despite debt mutual fund outflows, investors remain cautious with the Union Budget.

JSW MG Motor joins hands with Shell for EV charging infra

Economictimes.indiatimes.com 

JSW MG Motor India partners with Shell India to deploy CCS 50kW/60kW DC fast chargers, enhancing sustainable mobility and long-distance EV travel. Gaurav Gupta and Sanjay Varkey emphasize customer-centric initiatives and digital integration in their statement, making charging infrastructure accessible for hassle-free EV journeys nationwide.

Rajasthan Budget Highlights: FM Diya Kumari says govt working to make state $350 bn economy

Economictimes.indiatimes.com 

Rajasthan Finance Minister Diya Kumari presented the state's 2024-25 budget, highlighting the government's focus on 10 resolutions, including a $350 billion economy and quality infrastructure development. She also highlighted the construction of nine greenfield expressways and a resolution to fill 4 lakh vacancies within five years.

Man caught smuggling over 100 live snakes hidden in trousers

Economictimes.indiatimes.com 

A man has been caught trying to smuggle over 100 live snakes into mainland China by cramming them into his trousers, according to the country's customs authority. "Once opened, each bag was found to contain living snakes in all kinds of shapes, sizes and colours," it added.

Japan's Nikkei rises to record high as financials and heavyweights climb

Economictimes.indiatimes.com 

Japan's Nikkei hit 41,889.16 amid a financial stock rally. Fast Retailing, SoftBank Group rose; Tokyo Electron recovered. Financials led as the Bank of Japan met during political uncertainty. Analysts see July earnings boosting equities despite bond yield risks. The Nikkei closed at 41,831.99, Topix at 2,909.20. Insurance firms rose 3.5%, Kokusai Electric fell 7.2%, Recruit Holdings up 3.

Software engineer in Pakistan stabs CEO to death over salary issues

Economictimes.indiatimes.com 

In a tragic turn of events, the CEO of Euro Tech Software House in Karachi was fatally attacked by an employee over unpaid salary issues. The employee, Shoaib, confessed to the crime, citing financial pressures due to his father's medical expenses. Police have arrested the suspect.



Finmin in historic decision allows senior woman IRS officer to change name, gender

Economictimes.indiatimes.com 

As per an office order dated July 9, 2024, the Central Board of Indirect Taxes and Customs has said the authority considered her request and "henceforth the officer will be recognised as Mr Anukathir Surya in all official records." The order was issued with approval of competent authority, it said.

Some & simple diligence is all what is required for wealth creation: 5 smallcap stocks for long term investors.

Economictimes.indiatimes.com 

On a day when Nifty and sensex are trading with a big cut and all the segments are in red. Talking of small caps which is one probably riskiest segment of the market might appear to be going in the wrong direction. But the fact is that it is a day like this which serves as a reminder of two things. First, however strong the bull run might be, corrections are bound to take place. Second, finally in the end, it is business and the management which manages the business which matters for earnings and earning is what matters to the street. Читать дальше...

Budget 2024 may propel a key element of the Modi govt's Panchamrit goals

Economictimes.indiatimes.com 

The Indian government has been prioritizing sustainability through clean energy for over half a decade to ensure economic growth. The Green Hydrogen economy, an integral part of the development factors, is a key focus in the country's energy sector. The Modi 3.0 budget could introduce new financial incentives, subsidies, and infrastructure investments to bolster this nascent industry.

India's PMI surges in June, steel and services sectors drive economic growth: SBI

Economictimes.indiatimes.com 

In June 2024, India's manufacturing sector saw a surge in the Purchasing Managers' Index and hiring activity, while the Eight Core Industries Index expanded by 6.5%. Steel demand boomed, driven by real estate, but auto sales slowed. The services sector excelled in digital payments, with strong domestic and international sales growth. Power consumption and UPI transactions also hit record highs, indicating a robust economic landscape for India in FY25.

TNEA 2024 rank list now available at tneaonline.org; Check counselling details here

Economictimes.indiatimes.com 

TNEA 2024 Rank List: The TNEA rank list is prepared by converting the marks secured by candidates in the qualifying exam's prescribed subjects to a base of 200 (Mathematics – 100 and Physics + Chemistry – 100). Separate category-wise and overall rank lists will be released. Candidates whose names appear on the merit list will be eligible for the counselling process.

SP Chief Akhilesh Yadav accuses BJP government of negligence after 18 killed in Unnao accident

Economictimes.indiatimes.com 

Samajwadi Party Chief Akhilesh Yadav criticized the BJP government in response to a fatal accident on the Lucknow-Agra Expressway that claimed 18 lives. He questioned the negligence of the government regarding parking zones, CCTV monitoring, highway police presence, and towing assistance. The incident involved a bus colliding with a milk tanker, leaving 19 injured.

Новости России
Москва

Чемпионаты Росгвардии по служебному биатлону и легкоатлетическому кроссу завершились во Владимире


Official employment data masks India's jobs problem, say economists

Economictimes.indiatimes.com 

India's employment growth mainly comes from self-employment, unpaid work, and temporary farm hires, which are not equivalent to formal jobs, economists said. Despite claims of 20 million new jobs annually since 2017/18, much of this increase is in agriculture and self-employment due to insufficient business demand.

Lone Sikkim Democratic Front MLA Tenzing Norbu Lamtha joins ruling SKM

Economictimes.indiatimes.com 

Sikkim Democratic Front MLA Tenzing Norbu Lamtha joined the ruling Sikkim Krantikari Morcha. Chief Minister Tamang welcomed him and ensuring his constituency's concerns will be addressed through a comprehensive development plan, following Lamtha's victory over a senior SKM leader in recent elections. With SKM now holding all assembly seats except for two vacancies caused by resignations, the political landscape in Sikkim shifts.

Wishes pour in for Gavaskar on 75th birthday

Economictimes.indiatimes.com 

​Gavaskar became a widely-respected commentator after the end of his illustrious cricketing career, narrating the nuances of the sport and giving his critical analysis one series after another through his syndicated columns and TV appearances. Congratulating Gavaskar on the milestone, IPL side Royal Challengers Bengaluru said the batting great set the platform for India's success on the international stage.


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