Shares of Adani Ports fell 5.3% in intraday trading, hitting a low of Rs 1,337.30 on the BSE, due to escalating conflicts in the Middle East. Adani Ports, which operates Israel's largest port in Haifa with a 70% stake, could face operational challenges if the situation worsens, despite its strategic presence in the Mediterranean.
Sensex and Nifty50 fell for the sixth consecutive session on Monday. Middle East tensions and softer corporate earnings expectations affected investor sentiment. Sensex dropped by 638 points and Nifty declined by 218 points. Adani Ports, NTPC, SBI, and Power Grid were the top laggards, while IT sector saw gains led by LTIMindtree and Mphasis.
Pradhan Mantri Awas Yojana Subsidy: PMAY is a government scheme that allows individuals to buy or construct their houses at affordable prices. However, not many PMAY subscribers know the conditions under which PMAY credit subsidy can be taken back by the government from the borrowers. Read on to know the conditions in which PMAY subsidy can be taken back.
The Indian rupee ended nearly unchanged on Monday, sidestepping a decline in its regional peers and pressure from equity-related outflows, as the Reserve Bank of India's firm grip on the currency limited losses, traders said.
Northern Arc launched a Category II AIF fund, Finserv Fund, aiming to raise Rs 1,500 crore. Finserv Fund will leverage Northern Arc's experience, innovative solutions, and robust risk management practices.
The Indian government is selling tomatoes at Rs 65 per kg through mobile vans to control rising prices. Unseasonal rains in Maharashtra have damaged crops, leading to price hikes. A price stabilization fund is being used to manage costs. Farmers and traders report delayed sowing and increased pest issues affecting tomato supply.
While pandal hopping, you can indulge in a variety of popular Bengali dishes that are both savory and sweet.
Garuda Construction IPO opens on October 8 and closes on October 10. The company provides end-to-end civil construction services. The Indian construction sector is expected to grow to Rs 6.49 lakh crore by FY30. Garuda Construction has a GMP of Rs 22, indicating a 23% premium. The IPO includes a fresh issue of Rs 173 crore and an OFS of Rs 90 crore.
Anticipation is growing in Haryana as the result day for the state's 90-member Assembly approaches. Ladwa Assembly seat is a major focus. Notable candidates include BJP's Chief Minister Nayab Singh Saini and Congress' Mewa Singh Singroha. The seat's outcome will be a key indicator of Haryana's electoral fortunes.
India's consumer durables sector will grow to Rs 3 lakh crore by 2029 with a CAGR of 11%. It will become the fourth-largest market by 2027 and create 5 lakh jobs. Government initiatives like Atmanirbhar Bharat and PLI schemes will support this growth. The sector will also see a rise in premium product demand and online sales.
A day before Assembly poll results, Congress accused BJP of attempting to undermine the people’s mandate favoring their alliance with the National Conference in Jammu and Kashmir. Congress leader Jairam Ramesh claimed BJP is using desperate tactics and exercising power maliciously to negate the democratic process.
The 2024 Nobel Prize for Physiology or Medicine has been awarded to Victor Ambros and Gary Ruvkun for their discovery of microRNA and its role in post-transcriptional gene regulation. This groundbreaking work has revealed a new principle of gene regulation essential for multicellular organisms, including humans, with the human genome coding for over a thousand microRNAs.
Two Chinese nationals died in an explosion near Karachi's international airport. The Baloch Liberation Army claimed responsibility, targeting Chinese citizens. This comes amid recent attacks focusing on Chinese interests in Pakistan, especially infrastructure projects in Balochistan. The incident occurs ahead of the Shanghai Cooperation Organisation summit in Islamabad, raising security concerns.
Toyota Kirloskar Motor has received 827 acres of land in Chhatrapati Sambhajinagar, Maharashtra, for a greenfield manufacturing plant to produce electric and hybrid cars. With a Rs 21,000 crore investment, this plant is expected to start production by January 2026, generating 26,000 direct and indirect jobs.
Haryana Election 2024: Haryana awaits the results of its 15th legislative assembly election. Exit polls favor Congress, but BJP hopes for a third term. Notable contests include Julana with wrestler candidates, Sohna with strong independents, and Ladwa with the Chief Minister's seat at stake. These key races could shape Haryana’s political future.
Abneesh Roy of Nuvama Institutional Equities discusses the expected weak Q2 results for major paint companies like Asian Paints and Berger Paints. He highlights potential consolidation in the sector and comments on the positive impact of duty cuts on jewelry sales for Kalyan and Titan. He also shares insights on the competition in quick commerce affecting companies like DMart.
By integrating both bio and chemical fertilisers, farmers can optimise crop production and contribute to a holistic system for the farmers, says Sanjiv Kanwar, Managing Director, Yara Fertilizers India.
Victor Ambros and Gary Ruvkun have been awarded the 2024 Nobel Prize for Physiology or Medicine for their discovery of microRNA and its role in post-transcriptional gene regulation. The prize follows the 2023 award to Katalin Karikó and Drew Weissman for groundbreaking mRNA vaccine research.
A viral video shows a man dancing garba while reading a book during Navratri celebrations. Dressed in a brown kurta and jeans, he never looks away from the book. Social media users are amused by his unique combination of study and dance, speculating he might be preparing for a competitive exam.
Global environmental challenges such as global warming, biodiversity loss, desertification, and plastic pollution will be the focus of upcoming United Nations sessions. Key conferences include biodiversity in Colombia, climate change in Azerbaijan, desertification in Saudi Arabia, and plastic pollution in South Korea. These meetings aim to secure significant agreements and strategies to address the urgent threats facing our planet.
These athletes brought a unique blend of sportsmanship and entertainment to the Bigg Boss house, making them memorable contestants across different seasons.
The government has begun selling tomatoes at Rs 65 per kg through mobile vans and retail outlets to curb soaring prices due to unseasonal rains damaging crops in key areas. October saw a 39% price rise, affecting home-cooked meals. This intervention falls under the price stabilisation fund to manage market rates effectively.
A study published in The International Journal of Astrobiology reveals a groundbreaking concept where astronauts could use asteroids to meet their nutritional needs. While the carbon from asteroids may be transformed into edible biomass, extensive testing is still required to ensure its safety. This new approach offers hope for addressing the challenge of food scarcity during long-duration space missions, though significant hurdles remain before it can be realized.
A study led by the University of Birmingham reveals that human-induced bird extinctions over 1,30,000 years have dramatically reduced birds' functional diversity and resulted in a loss of three billion years of unique evolutionary history. Approximately 600 species, including the Dodo and Kaua'i 'o'o, have disappeared, affecting ecological roles like pollination and seed dispersal. This underscores the urgent need for targeted global conservation strategies.