The rupee closed at record low levels against the US dollar on Wednesday due to strengthening in the dollar index globally driving down Emerging market currency and likely equity outflows.
Rock musician Slash confirmed the passing of Lucy-Bleu Knight, his 25-year-old stepdaughter. Privacy has been requested by the family. There were refunds available for the postponed tour dates. Meegan Hodges and Slash have been a couple since 1989.
According to Nagaraj Shetti of HDFC Securities, the Nifty has breached the 10-day EMA support level and is now hovering near the 20-day EMA support level of approximately 24,270. These moving averages have held strong for the past 5-6 weeks, and the market's failure to remain above these levels could trigger a significant downturn.
Operating profit for the quarter was lower at Rs 559 crore against Rs 601 crore, mainly due to 19% higher expenses against 12% rise in total income. Net interest income was 11% higher at Rs 903 crore.
Petronet LNG (PLL) reported a 45% jump in the first quarter profit to Rs 1,142 crore as a scorching summer boosted capacity utilization of its import terminal, sending its shares up 5% on Wednesday.
The cut in budgetary allocation to incentivise digital payments has come as a dampener for payment startups. This and more in today's ETtech Top 5.
Security officials from Shanghai Cooperation Organization (SCO) member states conducted a joint anti-terrorism drill in China's Xinjiang Uygur Autonomous Region named 'Interaction-2024'. This marked the first time all SCO member states participated in such a live counter-terrorism exercise. The drill focused on enhancing capabilities and interoperability among member states to combat terrorist threats effectively.
Private sector lender Federal Bank on Wednesday reported a 18.3% year-on-year jump in net profit for the first quarter at Rs 1010 crore, buoyed by steady business expansion and core income growth.
Lawrence Bishnoi and his gang members had talked about killing Khan and his relatives earlier too, the statement said, adding, "So, I believe that Lawrence Bishnoi, with the help of his gang members, carried out the firing incident when my family members were sleeping and (they were) planning to kill me and my family members."
People in the US states of Wisconsin, North Dakota, South Dakota, Michigan, Montana, Minnesota, the northernmost part of New York and Maine can watch the Northern Lights.
Entrepreneur Elon Musk has distanced himself from reports that he has committed $45 million every month to support Donald Trump’s election campaign. He has extended his support to Trump and praised the former president. He has had many issues with the Democrats and the Biden administration. Musk spoke out against ‘cult personality’ in a recent interview.
The article explores controversies and challenges in Indian Olympic sports, focusing on wrestling, weightlifting, and shooting. It covers historical rivalries like Kaka Pawar and Pappu Yadav's wrestling saga, Narsingh Yadav's doping scandal, and ongoing disputes within sports federations impacting Olympic preparations.
The government extended customs duty exemptions on essential components for manufacturing electronics like TVs and washing machines till March 2026, encouraging local production and new investments. Sunil Vachani, Dixon Technologies, emphasized this will boost industry confidence.
OrbiMed-backed Suraksha Diagnostic has filed the draft red herring prospectus (DRHP) with capital markets regulator SEBI to float an initial public offering (IPO).
The Bureau of Police Research & Development (BPR&D) trained over 43,000 personnel new criminal laws, involving states and UTs to train more than 840,000 officials. Efforts included modules, webinars, and a nationwide awareness campaign.
CBDT Chairman Ravi Agrawal said the removal of this tax will act to boost the startup ecosystem in India. He would urge the community to "please come forward, please invest as the country is waiting for your investment, initiatives and innovations". Asked how would a possible case of money laundering through investor funds be tackled after the removal of the Angel tax, he said if such a violation is found or it is detected that the fund has come through "undisclosed" sources, there are provisions... Читать дальше...
India's leading brokerage Zerodha on Wednesday said it is now making demat account opening for all resident investors in India free of cost.
Acko, a general insurance startup, has acquired OneCare, a digital chronic care management company. The deal, for which the companies did not disclose an amount, furthers Ackno's aim to become a comprehensive healthcare provider to customers. The cofounders of OneCare will be joining Acko's leadership team as part of the deal.
Groww Mutual Fund has launched an ETF and FoF of Nifty EV & New Age Automotive Fund - Groww Nifty EV & New Age Automotive ETF and Groww Nifty EV & New Age Automotive ETF FoF.
ESPN has named its choice of the top-20 best soccer players of the 21st century till now, with Cristiano Ronaldo and Lionel Messi's names undoubtedly at the top. However, one particular name caught the attention of fans, who has been named as the third best of the century by ESPN. Who is he?
Suraksha Diagnostic Limited has filed the draft red herring prospectus (DRHP) with capital markets regulator Securities and Exchange Board of India (SEBI) to float an initial public offering (IPO) which will be an offer for sale (OFS).