52% of MSME B2B payments overdue for 90+ days in major Indian cities: Recordent survey
As per the report, Mumbai demonstrated a much better payment behaviour with 29% of payments overdue for more than 90 days.
As per the report, Mumbai demonstrated a much better payment behaviour with 29% of payments overdue for more than 90 days.
Doug Emhoff spoke at the Democratic National Convention to support his wife, Kamala Harris, the Democratic nominee. Emhoff talked about his own background and their blended family. He emphasized Harris's readiness for leadership and addressed racially tinged insults from Republicans. Emhoff's speech was seen as crucial for familiarizing Americans with Harris since she replaced Joe Biden.
Nelco Ltd, Lyka Labs, Rane(Madras), Pasupati Acrylon and Capital Trust, hit their fresh 52-week highs at 10:50AM.
According to stockedge.com's technical scan data, on August 30, 3 stocks from the Nifty200 pack came to the bullish scanner of "White Marubozu".
A massive landslide struck east Sikkim on Tuesday, damaging parts of a 510-mw hydroelectric project on the Teesta river. The landslide happened at Dipu Dara near Singtam in Gangtok district around 7.30 am, causing significant damage to the powerhouse of the Teesta Stage V hydroelectric project of the NHPC.
The Relative Strength Index of the stock stood at 58.02 on Wednesday.
The 30-share BSE Sensex was down 14.41 points at 80788.45
On the technical charts, the 200-day moving average of the stock stood at Rs 340.15.
Here are nine benefits of drinking ajwain pani (carom seed water) every day:
In fact, if you are looking on tax as a philosophy because this is sort of just one side of the debate, if the prices are going the way they are and the government wants to bring them under control and promote consumption and whatever else, there is a need for a reduction of indirect taxes
The stock traded at a P/E multiple of 57.43, while the price-to-book value ratio stood at 16.73.
NASA had announced internship openings for 2025 in areas such as aeronautics, biology, and IT. Opportunities included roles in podcast making, space horticulture, and planetary protection. Applications were open on stemgateway.nasa.gov. Internship positions had been located at various NASA research centers, including Goddard, Glenn, and Ames Research Center.
GST on health insurance: Finance Minister Nirmala Sitharaman faced calls to remove GST on health and life insurance, stressing these taxes existed before GST. The discussion highlighted India's challenges in insurance affordability and penetration. Experts argue that reducing GST could lower premiums and improve accessibility. High medical inflation and claim rejections also contribute to hesitancy in purchasing insurance.
GST on health insurance: Finance Minister Nirmala Sitharaman faced calls to remove GST on health and life insurance, stressing these taxes existed before GST. The discussion highlighted India's challenges in insurance affordability and penetration. Experts argue that reducing GST could lower premiums and improve accessibility. High medical inflation and claim rejections also contribute to hesitancy in purchasing insurance.
A total of 16,584 shares changed hands on the counter till 10:30AM (IST).
Mpox Vaccine: Adar Poonawalla of the Serum Institute of India announced that the company was developing a Mpox vaccine, with results expected within a year. The government issued isolation guidelines for suspected cases, and the NIV in Pune tested samples. Experts highlighted concerns about the new CLADE 1B lineage but did not foresee a lockdown.
Reserve Bank of India Governor Shaktikanta Das stated that inflation should settle near the 4% target sustainably before any rate cut can be considered. Although July saw a dip, inflation is expected to rise again from September. Current policy aims at price stability, economic growth, and reforms in various sectors.
Saving lives was the childhood dream for 28-year-old Indian doctor Radhika, but after the brutal rape and murder of a colleague her own safety has increasingly become a top concern. "Despite us working non-stop to save lives, there is a need to rethink safety at workplace," Kabade said.
Walmart is offering 144.5 million shares in the price range of $24.85 to $25.85, the report said, adding that Morgan Stanley is the broker-dealer of the offering. Walmart is the largest shareholder of JD. com and owns a 5.19% stake in the e-commerce company, according to LSEG data.
Foreign institutional investors escalated their stakes in various large-cap stocks from the Nifty200 index during Q1 FY25. Significant hikes were seen in JSW Energy, NHPC, Cipla, Bosch, Mankind Pharma, Divi's Laboratories, Vedanta, Canara Bank, Trent, and GAIL. This shift suggests an increased foreign interest in these companies' potential.
The Nifty Pharma index was trading 0.64 per cent up at 22518.3.
Solve Plastic Products listed on the NSE SME platform at a 12% premium, opening at Rs 102 per share. Its IPO of 13.02 lakh fresh equity shares was oversubscribed over 30 times. The funds will be used for capital expenditure, working capital, and other corporate purposes. The company manufactures uPVC and Rigid PVC pipes.
India could avoid new coal plants if battery-storage costs decrease by 15% annually, according to a report by Ember and TERI. The nation, which currently relies on coal for 75% of its electricity, could limit coal capacity to 2032 planned levels, supporting its net-zero emissions goal by 2070.
A family dispute in Ambarnath turned violent when a Tata Harrier rammed into a Toyota Fortuner on the Ambernath-Badlapur road, injuring five people. The incident, captured on video, shows the SUV crashing into bystanders and causing chaos. The dispute reportedly involved marital discord between family members, leading to the shocking road rage incident. The injured were quickly taken to nearby hospitals, and police are investigating the case.