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Новости за 27.07.2024

Kanwar Yatra: Traffic to take a hit in Noida and Ghaziabad from today; Check advisory here

Economictimes.indiatimes.com 

Traffic in Noida and Ghaziabad faced disruptions starting Saturday due to restrictions imposed for the kanwar yatra, lasting until Aug 5. Key exits at Kalindi Kunj border were closed, affecting traffic flow to Delhi, while diversions were in place for Meerut-bound vehicles. Heavy vehicles were already restricted on the DME from July 22.

Govt to decide on sugar MSP hike in coming days: Food Secy

Economictimes.indiatimes.com 

Union Food Secretary Sanjeev Chopra indicated that the government may soon decide on increasing the minimum selling price (MSP) of sugar. The MSP has been stagnant at Rs 31 per kg since 2019, despite rising costs for sugarcane farmers. Industry groups have called for an increase to at least Rs 42 per kg to support mills.

PNB Q1 Results: Net profit after tax jumps 159% YoY, NII rises 10%

Economictimes.indiatimes.com 

Punjab National Bank saw a 159% rise in net profit to Rs 3,252 crore for the June 2024 quarter. Net interest income grew by 10% while total income increased by 12.5%. The GNPA ratio improved to 4.98%, and NNPA declined. The bank's global business and deposits also showed notable growth. Shares closed nearly 2% higher.

PNB Q1 Results: Q1 profit after tax jumps 159% YoY, NII rises 10%

Economictimes.indiatimes.com 

Punjab National Bank saw a 159% rise in net profit to Rs 3,252 crore for the June 2024 quarter. Net interest income grew by 10% while total income increased by 12.5%. The GNPA ratio improved to 4.98%, and NNPA declined. The bank's global business and deposits also showed notable growth. Shares closed nearly 2% higher.



Mehbooba urges Amit Shah to form panel of representatives from both sides of LoC

Economictimes.indiatimes.com 

Mehbooba Mufti called for forming a panel of representatives of people from both sides of the LoC in Jammu and Kashmir to discuss the region's issues. While speaking at the 25th foundation day function of the People's Democratic Party (PDP), Mehbooba appealed to Union Home Minister Amit Shah to form a committee of 20 representatives on each side.

NITI Aayog is proposing privatisation of all public sectors: CPI General Secretary D Raja

Economictimes.indiatimes.com 

D Raja criticized NITI Aayog for recommending privatization, questioning why the Planning Commission was disbanded. West Bengal CM Mamata Banerjee walked out of the meeting citing discrimination. Tamil Nadu CM Stalin boycotted the meeting, alleging bias in the Union Budget. The discussion theme was 'Viksit Bharat@2047', focusing on making India a developed nation.

Tired of influencers, TikTok users try 'underconsumption core' to cut costs

Economictimes.indiatimes.com 

After years of being told what to buy, TikTok users are trying something new: buying and using only what they need. They're calling it "underconsumption core," the latest move away from influencer culture. Instead of pristine fridge shelves, makeup bags with the latest products and fashion fads, users post simplified closets, secondhand clothes that have lasted for years, and minimal makeup and skin-care collections.

Congress questions logic of overall taxes on gold being effectively halved

Economictimes.indiatimes.com 

The Congress party criticized the recent budget decision to halve the overall taxes on gold, questioning its economic rationale. This criticism followed a call from Kotak Mahindra AMC MD Nilesh Shah, who urged Finance Minister Nirmala Sitharaman to monitor potential increases in India's gold import bill due to the customs duty reduction and rising global prices.

A new phase of the bull market begins? 5 midcap stocks which tick the qualitative and quantitative boxes

Economictimes.indiatimes.com 

Given the way market breadth is panning out one is not far from a phase, where the probability of reading, nifty and sensex have touched new high becomes a regular feature. Now there are a couple of things which one needs to ensure in such times. Staying with age old and basic principles of investing which is focussing on fundamentals of business and management. Take time to select stocks and then stay with them with a long term perspective. In bull markets all segments of stock do well, but interest is always high in mid and small cap... Читать дальше...

Delhi University: Professors fear students' right to 'choose' subjects in 4-year UG course may get revoked

Economictimes.indiatimes.com 

The Delhi University Executive Council is set to decide Saturday on whether students in the 4-year UG program can choose their subjects for the minor degree course. The agenda proposes making specific subjects mandatory in the syllabi for students to qualify for the Choice-Based Credit System (CBCS). This has brought forth some critical concerns, dividing the institution’s faculty members.

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Москва

Токсиколог Кутушов назвал привычку ставить много будильников опасной для здоровья


TCI Q1 results: Net profit up 10% to Rs 92 crore

Economictimes.indiatimes.com 

The Transport Corporation of India (TCI) reported a 10% increase in consolidated profit after tax, reaching Rs 91.6 crore for the quarter ending June 30, 2024. Revenue also rose to Rs 1,056 crore. The company's growth was seen across various segments, including coastal shipping and cold chain logistics, with significant investment in infrastructure to enhance efficiency.

Phoenix Mills board to consider bonus issue on July 31

Economictimes.indiatimes.com 

In its Q4FY24 results, Phoenix Mills had reported a profit after tax (PAT) of Rs 325 crore, which was an increase of 66% on a year-on-year basis against a PAT of Rs 195 crore reported in the corresponding quarter of the previous year.


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