Новости за 17.07.2024

An Air India passenger was arrested at Delhi's Indira Gandhi International Airport for smuggling gold worth ₹69 lakh. His suspicious behavior, including refusing all refreshments during flight AI 992 from Jeddah to Delhi, alerted authorities. Security personnel discovered over ₹69 lakh worth of gold concealed in his body. The passenger admitted to smuggling and faces charges under the Customs Act. This incident has prompted increased vigilance among cabin crew on long flights.

Learn about the historical performance of sectors on Budget Day in India and get valuable insights on hedging strategies. Trustline Securities offers comprehensive financial services to help investors make informed decisions.

Shivani Gupta, a 27-year-old executive at Axis Bank's Noida Sector 128 branch, died by suicide at her home in Ghaziabad on July 12 after receiving a termination notice. In a note, she alleged continuous harassment by colleagues, including derogatory remarks like "divorcee" and "bandariya (monkey)." An FIR has been filed against six colleagues.

After seeing the overwhelming turnout, fearing chaos, the recruiters finally had to tell job seekers to leave their resumes and go home. The recruiters assured the applicants that all resumes would be reviewed and eligible candidates would be contacted for further steps.

Security forces engaged in two brief exchanges of fire with terrorists in a forest area in Jammu and Kashmir's Doda district, with Village Defence Guards also firing on suspicious movement and two explosive shells being recovered. The terrorists managed to escape during the ongoing anti-terrorist operation, which was initiated following the killing of four Army personnel. Efforts are ongoing to track down and neutralise the terrorists, who are linked to the banned group Jaish-e-Mohammad.

In New Delhi, Hardeep Singh Puri reviewed Indian PSUs' global footprint, including ONGC Videsh Ltd, IOCL, Oil India Ltd, BPRL, GAIL, and Prize Petroleum's 45 assets across 21 countries worth US$ 40.6 billion. Supported by the International Cooperation Division, this pursuit diversifies the portfolio, aligning with PM Modi’s vision for growth through exploration, LNG, pipeline, refining, and petrochemical projects.

Several equity mutual funds have shown impressive returns in the last nine months, with over 14 funds offering more than 50% return. Quant Value Fund topped the list with 63.81% return. Investors should carefully assess their risk appetite and investment goals before making decisions.

Karnataka infrastructure minister MB Patil said that the proposed second airport in Bengaluru must be within 50 to 60 kilometers of the city. The Kempegowda International Airport (KIA) is expected to reach full capacity by 2035. Identified potential sites for new Bengaluru airport include Mysuru Road, Kanakapura Road, Kunigal Road, Doddaballapur Road, and areas near Koratagere, Madhugiri, and Dobbaspet, according to reports.

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Shakshuka, acai berry bowl and other exotic breakfast items to make at home

A study by the Society of Indian Automobile Manufacturers (SIAM) reveals that only 57.44% of B.E. and B.Tech. graduates in India are employable in the automotive industry, highlighting the need for curriculum revisions in colleges. The "SIAM EV Talent Landscape in India" report indicates a 38% faculty shortfall in top engineering institutes, as skilled EV educators prefer industry jobs.

Oil prices steady; Brent at $83.69, WTI at $80.72. China's demand vs. U.S. stockpile drawdown. U.S. crude fell 4.4 million barrels (API), steady retail data, and geopolitical risks limiting declines. Yemen's Houthis attacked a Liberia-flagged tanker (JMIC). Analysts projected stocks to drop by 33,000 barrels. U.S. retail data, stronger dollar, solid economy. China's slowest growth since Q1 2023.

Gold prices hit all-time high on anticipation of U.S. interest rate cut in September. Spot gold up 0.5% to $2,479.75 per ounce. $2,500 target in sight with potential for further increase. Fed officials hint at dovish approach. SPDR Gold Trust holdings increase. Other metals show mixed movements.

The automaker, which has around 58 per cent stake in the country's largest carmaker maruti Suzuki India, said it will further evolve the light-weight and safety body 'HEARTECT', and also work to minimise energy consumption through weight reduction technology.

Smaller motors and batteries would likely allow Suzuki to lower the price of its models, he said at an event on the automaker's tech strategy.

Logistics disruptions, including container shortages and irregular shipping schedules, have hindered India's export growth in June.

Silicon Valley's efforts to give to those in need has propelled the idea of a guaranteed income -- also known as cash transfers, unconditional cash and, in its most utopian form, universal basic income -- into the mainstream. But a bipartisan political consensus around the movement is fracturing even though the data seems to show that the programs are effective.

ITR filing last date: The deadline for filing income tax returns (ITR) is fast approaching: July 31, 2024. The e-filing ITR portal is currently experiencing 11 glitches, including difficulties with logging in and e-verification and discrepancies in pre-filled data in ITR forms.

Experts await the upcoming budget with hopes of better social support for women to encourage participation in the workforce and improve the economic landscape.

HSBC Holdings Plc announced the appointment of Georges Elhedery as the group chief executive, effective September 2. The appointment marks its third CEO change in less than eight years. Elhedery, currently the CFO, will succeed Noel Quinn. With a background in trading and investment banking, Elhedery previously led HSBC's Middle East and North Africa region. Quinn, who steered the bank through challenges, will support the transition until April 30, 2025.

SBI forecasts India's balance of payments to show a surplus of $52 billion this fiscal year, with FII inflows expected to reach $25 billion. Current account deficit projected at 0.9% of GDP in FY25. Factors like government fiscal measures and bond market developments influencing economic outlook.

Union Budget 2024: Indian Prime Minister Narendra Modi, despite losing seats in the recent general election, secured a third term. His alliance partners are now seeking significant federal funding for regional development projects, challenging Modi's fiscal conservatism. India's inclusion in global bond indices may ease borrowing costs but also demands greater transparency and fiscal responsibility to maintain economic stability.

Shayani Ekadashi (Google Trends): Devshayani, Shayani , or Ashadhi Ekadashi, is observed on July 17, 2024. This significant day for Hindu devotees involves fasting, prayers, and rituals dedicated to Lord Vishnu. Observers follow strict fasting rules, perform specific pujas, and chant mantras to seek spiritual benefits, including Moksha and relief from suffering. The fast is broken on July 18 during the Parana time.