Page 47 - Latest News
Rupee depreciates 4 paise to 83.55 against US dollar in early trade
On Friday, the rupee settled at 83.51 against the US dollar
 "Rupee depreciates 4 paise to 83.55 against US dollar in early trade")
PM123 Orbn makes surprise visit to China after trips to Russia, Ukraine
Orbn met with Xi just two months ago when he hosted the Chinese leader in Hungary as part of a three-country European tour
 "PM123 Orbn makes surprise visit to China after trips to Russia, Ukraine")
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 "BS article five")
June quarter corporate earnings season (Q1-FY25),
June quarter corporate earnings season (Q1-FY25), too, analysts suggest, is likely to see stock specific moves and have some bearing on the overall market sentiment.
 "June quarter corporate earnings season (Q1-FY25),")
Mayawati welcomes DU's decision to reject Manusmriti as part of syllabus
On Thursday, Delhi University Vice-Chancellor, Prof. Yogesh Singh, announced that the proposal to include the Sanskrit text 'Manusmriti' in the LLB curriculum was rejected
Income tax rate cut, sops for PSUs: Brokerage expectations from Modi 3.0 budget
Expectations (as measured by pre-budget equity market performance), wrote analysts at Morgan Stanley in a note, are important in determining what the market does immediately after the budget
 "Income tax rate cut, sops for PSUs: Brokerage expectations from Modi 3.0 budget")
Jigar S Patel of Anand Rathi recommends buying these three stocks today
Over the past few weeks, Aether has shown a consistent uptrend by forming higher highs and higher lows, which is a positive indicator of its market performance
 "Jigar S Patel of Anand Rathi recommends buying these three stocks today")
AMCs look strong but high valuations risk sharper fall in downturns
Companies have strong cash conversion, predictability and growth runway
 "AMCs look strong but high valuations risk sharper fall in downturns")
Stock Market Highlights, July 11: Mid, small-caps outshine Sensex, Nifty; Oil, shipping stocks soar
Stock Market Highlights on Thursday, July 11, 2024: The BSE Sensex ended at session 27 points lower at 79,897, while the Nifty50 closed at 24,316, down 8.5 points
 "Stock Market Highlights, July 11: Mid, small-caps outshine Sensex, Nifty; Oil, shipping stocks soar")
Insurers expect Union budget to have more tax benefits for health insurance
Extending Ayushman Bharat to those aged above 70 years will be highly beneficial for senior citizens, D S Negi, CEO of Rajiv Gandhi Cancer Institute & Research Centre said
Crypto industry body requests reduction in TDS to 0.01% in Budget
The crypto body has further asked for an increase in the threshold limit for TDS deduction under Section 194S of the Income Tax Act from Rs 10,000 to Rs 5,00,000
 "Crypto industry body requests reduction in TDS to 0.01% in Budget")
Fair trade, focus on manufacturing, infra on steel firms' Budget wish list
Steel companies hope the govt will continue to focus on infra expansion while also giving the industry a level playing field to compete with imports
 "Fair trade, focus on manufacturing, infra on steel firms' Budget wish list")
TCS Q1FY25 results: Net profit rises 8.7% to Rs 12,040 cr, revenue up 5.4%
TCS's Q1 performance exceeded Bloomberg estimates on revenue and net profit. Bloomberg had estimated revenue to be Rs 62,128 crore and profit at Rs 11,959 crore
Made to stand for 10 hrs: Amazon India staff alleges inhuman work practices
Workplace exploitation: In a survey conducted by UNI Global Union, as many as 1,838 Amazon employees reported dire working conditions at its facilities in India
 "Made to stand for 10 hrs: Amazon India staff alleges inhuman work practices")
Made to stand for 10 hrs: Amazon India staff alleges inhuman work practices
Workplace exploitation: In a survey conducted by UNI Global Union, as many as 1,838 Amazon employees reported dire working conditions at its facilities in India
 "Made to stand for 10 hrs: Amazon India staff alleges inhuman work practices")
No objection to release of engines to lessors: Crisis-hit Go First to NCLT
Go First got a final 60-day extension from the National Company Law Tribunal (NCLT) on June 12 to complete its corporate insolvency resolution process (CIRP)
 "No objection to release of engines to lessors: Crisis-hit Go First to NCLT")
Sebi to auction HBN Dairies properties, keeps reserve price at Rs 67.7 cr
The properties to go under the hammer include a shopping mall-cum-multiplex, hotel, plots and commercial shops, the Securities and Exchange Board of India (Sebi) said in a notice on Wednesday
 "Sebi to auction HBN Dairies properties, keeps reserve price at Rs 67.7 cr")
Income tax rate cut, sops for PSUs: Brokerage expectations from Modi 3.0 budget
Expectations (as measured by pre-budget equity market performance), wrote analysts at Morgan Stanley in a note, are important in determining what the market does immediately after the budget
 "Income tax rate cut, sops for PSUs: Brokerage expectations from Modi 3.0 budget")
RBI using alternative data sources for economic insights: Shaktikanta Das
World from moving from 'era of data scarcity to abundance', says central bank governor
 "RBI using alternative data sources for economic insights: Shaktikanta Das")
Premature to talk about interest rate cut: RBI Governor Shaktikanta Das
The domestic rate-setting panel has kept the repo rate unchanged at 6.50 per cent for more than a year now
