The move assumes significance as some domestic manufacturing firms have flagged the issue of delay in getting visas for Chinese technicians, who are required for works like installation or repair of certain machines, besides training workers in India.
Senior advocate Kapil Sibal, appearing for the petitioners, said the 2022 judgment is wrong and it needs reconsideration. The top court agreed to adjourn the matter and posted it for hearing on August 28.
According to Randstad Employer Brand Research 2024, Microsoft has been named the most attractive employer brand in India, followed by TCS and Amazon. Microsoft excelled in financial health, reputation, and career progression opportunities. The survey noted that employees value work-life balance and equity. The report also highlighted the increasing use and expected impact of AI on jobs.
Experienced Indian javelin thrower Annu Rani disappointed at the Olympics, exiting in the qualification round with lackluster throws, finishing 26th overall. Hurdler Jyothi Yarraji also underperformed, failing to advance to the semifinals. High jumper Sarvesh Anil Kushare fell short of the final round. The marathon race walk mixed relay team did not finish. Indian athletes faced challenges at the global stage in various events.
Tarang Shakti, India's first-ever multinational air combat exercise, started at Sulur, Tamil Nadu. Featuring advanced aircraft such as India's Rafale and Europe's Eurofighter Typhoon, it includes participation from Germany, the UK, and Spain. Phase II will be held in Jodhpur from August 29 to September 12. A total of 67 fighters and military aircraft from 10 countries will take part, with observers from 18 more nations. The exercise aims to enhance military interoperability and strategic partnerships. Читать дальше...
Capital gains indexation new rule: The government has offered relief to property owners by allowing a choice between two options for long-term capital gains (LTCG) on the property — 20% LTCG tax with indexation or 12.5% LTCG tax without indexation. The Budget had proposed a lower LTCG tax without indexation benefits. However, taxpayers can now opt for the old LTCG tax with indexation or the new one with a lower rate that lowers their tax outgo. Calculate and understand which LTCG option helps you to save more tax.
In a volatile session, Nifty regained 24,300. Both Nifty50 and Sensex rose over 1%, with Nifty50 up 1.27% to 24,297.50 and Sensex up 1.11% to 79,468. Key active stocks are listed below.
The Lok Sabha was informed that there is no proposal to extend the time limit for central government employees to switch from the National Pension System (NPS) to the old pension scheme. The NPS, introduced in 2003, is mandatory for new recruits in the central government, except for the armed forces. A one-time option was given to certain employees for inclusion under the Central Civil Services (Pension) Rules, 1972 (now 2021), with fixed time schedules outlined for decision-making processes. No... Читать дальше...
In its July portfolio, the smallcap fund added 2.71 crore shares of HFCL, taking the total count to 7.37 crore. It was 4.65 crore in June. The fund held 1.17 crore shares of Aditya Birla Fashion and Retail in June, taking the total share count to 2.94 crore in July post adding 1.77 crore shares to its portfolio.
So, I think that premiumisation game continues to be the theme out there. And we are seeing a similar trend within the two-wheelers also where what used to be 100cc or 125cc market is now going to 150cc to 350cc-plus kind of market, so that is the theme that we are seeing across the products, across the categories.
Gavaskar said that the Indian Olympic Association (IOA) as well as the Indian government must do everything possible to address this. "I think it's (the) most unfortunate. I also think it's (the) most unfair. I do hope that the authorities will take notice of it, take a strong response to this because this is not just the initial round," he told reporters on the sidelines of the Spartan racing event here.
“We wish to inform you that the Board of Directors of the Company, at its meeting held today, i.e., August 07, 2024, have, inter alia, approved the Buy-back of up to 10,00,000 (Ten Lakhs Only) fully paid-up Equity Shares of face value of ~ 2/- each by the Company (representing 1.06% of the total number of Equity Shares of the Company) at a price of ~ 5,000/- (Rupees Five Thousand) per Equity Share payable in cash for a total consideration not exceeding ~. 500,00,00,000/- (Rupees Five Hundred Crores... Читать дальше...
Star pistol shooter Manu Bhaker's return to the country was a memorable affair as hundreds of supporters braved a steady drizzle to welcome her on Wednesday
Probal Sen from ICICI Securities highlighted the promising outlook for ONGC and Oil India. He emphasized that both companies have shown steady production growth and stable net realizations. Market confidence in ONGC has improved, while Oil India has consistently met its growth targets, reflecting in their strong performance over recent quarters.
Vinesh was disqualifed for being overweight even as she was in the final stages of preparation for her title bout.
Steel prices in India hit a three-year low due to high imports and weak exports, with July prices averaging 52,267 rupees per tonne. Increased imports from China and Vietnam have pressured domestic prices, making Indian exports less competitive. The steel ministry is investigating these imports, expecting demand to rise later this year.
Olympic sports: Tug-of-war was a popular Olympic sport, in contrast to many other abandoned sports.
The retail business of the oil-to-retail conglomerate registered an EBITDA of Rs 23,802, in FY24, recording a growth of 28.4% YoY. The registered customer base crossed a milestone of 300 million, making Reliance Retail one of the most preferred retailers in the country, the conglomerate stated.
Union Minister Nitin Gadkari revealed in the Rajya Sabha that India's aviation industry aims to use 20 per cent bio-aviation fuel within five years, sourced from agricultural stubble. This move will benefit farmers financially. Gadkari also highlighted the highway ministry's use of bio-bitumen to reduce bitumen imports. The Central Road Research Institute and the Indian Institute of Petroleum collaborated to create bio-bitumen, which could result in reduced greenhouse gas emissions and provide revenue and employment for farmers and MSMEs.
Lovely Professional University, LPU, has announced a Rs 25 lakh reward for Vinesh Phogat, despite her disqualification from the Paris Olympics due to a 100-gram weight issue. LPU had pledged this reward to silver medalists, and Dr. Ashok Kumar Mittal reaffirmed their support, stating that Phogat's achievements still warrant recognition.
Amid a recent stock selloff, analysts examined whether S&P 500 stocks were overvalued. Findings revealed that many companies trade below 18 times long-term earnings, yet significant players like Broadcom and Tesla remain overbought. Potential corrections could impact the market. Analysts are cautiously optimistic about long-term earnings despite current market skepticism.
India's central bank, led by Governor Shaktikanta Das, is expected to keep interest rates unchanged on Thursday despite global market volatility. However, a potential policy shift may be signaled as the Monetary Policy Committee's term ends in October. Inflation remains above target, but upcoming CPI revisions could impact future rate decisions.
You must exercise if you want to be healthy overall. Losing weight and being in good health are linked.
Asia’s richest billionaire, Mukesh Ambani, has chosen not to take a salary from Reliance Industries (RIL) for the fourth consecutive year. RIL’s latest annual report confirms that Ambani, as Chairman and Managing Director, has foregone his salary since the height of the Covid crisis in 2020.