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Top 8 Firms' Mcap jumps Rs 3.28 trillion; HUL, Reliance lead

In a significant week for Ithe significant wear fet, eight of the ten most valued domestic firms collectively increased their market valuation by Rs 3.28 trillion.

ADANI AIRPORT HOLDINGS SEES 7% YOY GROWTH, HANDLES OVER 1 MM TONNES OF CARGO

Adani Airport Holdings Limited (AAHL) on Sunday said it handled an impressive one million tonnes of air cargo in fiscal year 2023-2024 (FY24)

JEEP LAUNCHES 2024 MERIDIAN X RANGE

Jeep India has launched Meridian X Special Edition, an SUV engineered to dominate both rugged trails and urban streets alike with styling cues, custom upgrades and top-end accessories.

India needs to enhance AI, data science, cybersecurity skills

The conclusion of the India Global Innovation Connect (IGIC) 2024 in Bengaluru on Friday, has underscored the pressing need for India to bolster its skill development initiatives, particularly in the realm of artificial intelligence (AI) and related fields.

JIO AIMS EXPANDING BROADBAND COVERAGE TO UNDERSERVED AREAS

Jio, a newer entrant in the 5G fixed wireless access space, is aiming to expand its broadband offering to new customer segments, including those in more remote areas.

77% Indians choose EVs for sustainability: ICICI EV report

In a world increasingly driven by sustainability, a staggering 77 per cent of EV users in india are motivated by the promise of reduced emissions. Among younger drivers, this eco-consciousness soars to 81 per cent, reflecting a generational shift towards greener choices.

Bajaj Housing Finance files for Rs 7,000 cr IPO with SEBI

Bajaj Housing Finance Limited (BHFL), an arm of Bajaj Finance has submitted its draft red herring prospectus (DRHP) with capital markets regulator SEBI to raise funds in the public market.

COURT DEFERS HEARING OF RAHUL GANDHI CASE

An MP-MLA court in Sultanpur (Uttar Pradesh) on Friday deferred the hearing in the 2018 defamation case against Congress leader.

SYRIAN ARRESTED IN GLOBAL COUNTERFEIT MEDICINE RING BUST

Four people, including a Syrian national, have been arrested for allegedly producing and distributing counterfeit cancer and diabetes medications to international markets, according to officials.

Delhi police files chargesheet against six accused

The Special Cell of Delhi police on Friday filed a 1000page chargesheet in the Parliament security breach case at Delhi's Patiala House Court.

How AI is used for virtual abuse of children

In this digital age, advancements in technolLogy have brought both convenience and risks.

Toyota Motor launches used car outlet

Toyota Kirloskar Motor (TKM) has inaugurated its first company owned Toyota Used Car Outlet (TUCO) in New Delhi, second in India, under the brand name of \"Toyota U-Trust\" aimed at offering customers with high-quality and safe used cars.

WARDWIZARD RECEIVES 1.29 BN ORDER FROM PHILIPPINES

Wardwizard Innovations & Mobility (WIML), a manufacturer of electric vehicles under the 'Joy e-bike' and Joy e-rik' brands in India, has secured a significant order worth USD 1.29 billion from Beulah International Development Corporation, one of the renowned fullservice business integration companies and EPC firms in the Philippines backed by RP Connect.

Tata Motors launches sporty Altroz Racer

Tata Motors, automotive manufacturer, has announced the launch of the Altroz Racer - the sporty avatar of the company's premium hatchback.

VARUN BEVERAGES POISED FOR GROWTH

Consumption demand in the rural markets has been in distress over the last few years from the demonetization of 2016 to the liquidity crisis in 2018 and the onslaught of Covid19 epidemic in 2020.

Steady repo rate at 6.5% aligns with market expectations: NSE Macro Review

The Reserve Bank of India’s (RBI) Monetary Policy Committee’s (MPC) decision to keep the policy repo rate steady at 6.5 per cent aligns with market expectations, continuing the trend that has been observed over the past several meetings.

RBI POLICY CHEERS, SHOWS MPC SPLIT

The RBI's Monetary Policy statement keeping policy repo rate unchanged at 6.50 per cent and remaining focused on ensuring that inflation progressively aligns to the target of achieving the target of consumer price index (CPI) inflation of 4 per cent while supporting growth, revised upward in FY25 to 7.2 per cent, has been welcomed by economists and industry.

Financial stability challenges need to be discussed: IMF

Echoing the sentiment expressed by Reserve Bank of India (RBI) Governor Shaktikanta Das, Kristalina Georgieva, Managing Director, International Monetary Fund (IMF), underscored the need to discuss the financial stability challenges in a separate discussion in Washington D.C.

Domestic passenger traffic in May "24 grew 5.2% yoy at 138.9 lakh

The domestic air passenger traffic for May 2024 was estimated at 138.9 lakh, higher by 5.2 per cent in comparison to 132.0 lakh in April 2024. Further, it witnessed a YoY growth of 5.1 per cent in comparison to 132.1 lakh in May 2023 and higher by 14 per cent than pre-COVID levels of 121.9 lakh in May 2019.

Pune car crash: Accused teen's father, grandfather among five booked suicide abetment

The Pune Police have booked the father and grandfather of a teenager involved in the Pune May 19 car accident case, in a separate case of abetment of suicide of a local businessman's son, officials said on Friday.

WE HAVE 300 SEATS, WILL COMPLETE FIVE-YEAR TERM’: AJIT PAWAR AHEAD OF NDA MPS MEETING

As the National Democratic Alliance (NDA) is set to hold a meeting today, Maharashtra Deputy Chief Minister Ajit Pawar on Friday said that the NDA coalition will comfortably complete its five-year term at the Centre.

Heat wave takes toll on truck rentals and fleet occupancy levels in May: Report

The June 2024 edition of Shriram Mobility Bulletin, released today includes interesting data about the latest state of the automobile and logistics sector.

Madhya Pradesh High Court Imposed Rs 25K Cost On Counsel For Non-Cooperation

The Madhya Pradesh High Court in the case Smt. Praveen Prakash v. National Insurance Co. Ltd. & Ors. observed and has imposed the cost for an amount of Rs 25,000/- on a counsel appearing for the respondents, including the insurance company, in a service matter.

China recruiting US fighter pilots for Air defence boost: Five eyes Report

According to Voice of America ( VOA) , o n Wednesday, the US and several of its intelligence allies released a report indicating that China has been actively seeking to recruit fighter pilots to enhance its air defense capabilities and develop more sophisticated tactics to counter Western forces.

Delhi Airport to boost peak runway capacity by 30% in 3 years: DIAL CEO

Delhi Airport is working with the government-run Airports Authority of India (AAI) and an international consultant to optimise operations so that it can increase peak runway capacity by about 30 per cent to 110 movements per hour in three years, said Videh Kumar Jaipuriar, chief executive officer of Delhi International Airport Limited (DIAL), on Friday.

Muthoot Microfin, SBI join forces to empower women entrepreneurs through co-lending

Muthoot Microfin has announced a significant step towards empowering women entrepreneurs by entering into a Co-lending agreement with the State Bank of India (SBI), as per a filing submitted to the exchange on Thursday.

PM MODI APPLAUDS INDIAN UNIVERSITIES" RISE IN WORLD QS RANKINGS

Prime Minister Narendra Modi commended the notable progress in the performance of Indian universities

INDIAN AIRPORT INDUSTRY'S PROFIT EXPECTED TO SOAR BY 35% IN FY25

The Indian airport industry's profit before tax (PBT) is expected to grow by 35 per cent year-on-year (Y-o-Y) to Rs 10,370 crore in the financial year 2024-25 (FY25)

PRIME MINISTER MODI PARTICIPATES IN PARLIAMENTS NDA MEETING

HD Kumaraswamy proposed Narendra Modias the Leader of the NDA Parliamentary Party, while Chandrababu Naidu praised Moat scampaign ails and Rajnath Singh endorsed his leadership.

RBI keeps repo rate at 6.50 %, revises GDP growth to 7.2 % in FY25

Expressing confidence in India's recent economic progress, continued momentum in economic activity and the economy's path towards greater transformational changes, the Reserve Bank of India on Friday left the policy repo rate unchanged at 6.50 per cent signalling focused intent on achieving the medium-term target for consumer price index (CPI) inflation of 4 per cent, while supporting growth, which, amidst the upside of resilience in high frequency indicators of domestic activity in 2024-25 and headwinds from geopolitical tensions, is seen at a potential 7.2 per cent in FY25 by rbi.