CATEGORIES

Exit polls forecast BJP and allies' big win, securing Narendra Modi's third consecutive term

Most exit polls for the Lok MSabha elections 2024 suggest that the Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) is poised to secure another term in power, with Narendra Modi likely to serve as India's Prime Minister for a third consecutive term.

TEL AVIV FLOODED AS 120,000 PROTESTERS DEMAND HOSTAGE SWAP, NETANYAHU'S OUSTER

Anti-government sentiments surged through the streets of Tel Aviv as protesters voiced their demands for a hostage swap deal with Hamas and the removal of Prime Minister Benjamin Netanyahu

INDIA'S FOREX RESERVES DIP BY $2BN FROM RECORD HIGHS

India's foreign exchange reserves declined a little over $2 billion in the week that ended on May 24, to come off from its all-time high it experienced a week prior

M MODI TO LEAD SEVEN MEETINGS TODAY ON 100-DAY AGENDA AND CYCLONE REMAL

PM will lead discussions on the extensive celebration plans for World Environment Day, emphasizing environmental conservation and sustainable practices to enhance public awareness and engagement

Monsoon safety, ONGC reduces offshore helicopter flights to prevent accidents

India's leading oil and gas producer, ONGC, has temporarily reduced helicopter sorties to its offshore installations on both the east and west coasts to prevent deadly accidents during the monsoon season.

Tata Steel to cut 2,500 UK jobs as part of green push, CEO Narendran

NarenTran has confirmed that the company will inevitably cut around 2,500 jobs at its UK operations due to its transition to low-emission electric arc furnace (EAF) production.

Central banks diverge on interest rate cuts as economies face different pressures

The European Central Bank (ECB) is poised to potentially weaken the euro on Thursday with its first interest-rate cut of the cycle, setting the region on a different monetary policy path from the US.

ELECTION UNCERTAINTY PROMPTS FPIS TO WITHDRAW RS 25,586 CR FROM INDIAN EQUITIES

Analysts attribute the sell-off to high valuations and weak earnings in financial and IT sectors, political uncertainties, Chinese market appeal, and rising US bond yields driving FPIs towards US bonds

1 OUT OF EVERY 2 INDIAN CONSUMERS CONSIDER HYGIENE: REPORT

Creamline Dairy Products Limited (CDPL), a subsidiary of India’s largest and diversified agribusiness, Godrej Agrovet Limited (GAVL), recently released a milk report.

IVOOMI OPENS DEALERSHIP IN RAJASTHAN

Electric vehicle player - iVOOMi, has entered Rajasthan with the appointment of its first dealer in Ajmer.

BATA INDIA CELEBRATES NINE WEST'S INDIA LAUNCH

It was a glamourous affair at the exclusive preview of Nine West’s latest collection in the capital hosted by Bata India!

GHATKOPAR HOARDING COLLAPSE: COURT SENDS ACCUSED TO CUSTODY

Mumbai Crime Branch’s SIT on Friday has produced Manoj Ramakrishna Sanghu, the accused in the Ghatkopar hoarding collapse case before the Esplanade Court.

Delhi HC rejects plea seeking Transparency’ in SC Collegium

The Delhi High Court has dismissed with costs of Rs 25,000 a petition seeking detailed reasons from the Supreme Court collegium when rejecting recommendations for high court judges’ appointments.

ED ARRESTED LALIT TEKCHANDANI

Currently, he is under judicial custody. His interrogation has revealed that the funds received from the homebuyers that were laundered by the builder for personal gains and the creation of assets in various names, including family members.

BYD enters Nagpur to reach 25 outlets

Expanding its dealership reach to 25 showrooms across India, BYD India, has inaugurated its first dealership facility for electric passenger vehicles in Nagpur, in Maharashtra.

Culer Motors raises additional Rs 200 crore

Euler Motors, a leading manufacturer of electric commercial vehicles, has successfully closed its Series C funding round, raising an additional Rs 200 crore.

LUXURY CARS' DEMAND ON RISE IN MP

Raipur in Madhya Pradesh has noted La marked rise in demand for luxury cars.

AGRICULTURE GROWTH LIKELY T0 BE BETTER

Riding on 8.2 per cent GDP growth, along with a record dividend of Rs 2.1 lakh crore from the Reserve Bank of India, the government has the option of lowering the fiscal deficit target of 5.1 per cent in FY25.

Hyundai May sales at 63,551 units, up 6.6% year-on-year: COO Garg

Hyundai Motor India (HMIL), registered total sales of 63,551 units (domestic 49,151 units and exports 14,400 units) in May 2024.

GOVT EYES 7% GROWTH FOR FY25: ECONOMISTS

Even as curtains come down on the election campaign and the Modi Government exits FY24 with India positioned as the fastest-growing major economy in the last financial year, riding on a growth juggernaut of 8.2 per cent, growth prospects are already appearing bright, with high-frequency Indicators for April 2024 signalling a good start to Q1FY25.

RBI is working on expanding UPI to 20 countries by 2028-29

The Reserve Bank of India (RBI) along with NPCI international payments ltd (NIPL) will work towards taking UPI to 20 countries by FY29. RBI

Oil marketing companies reduce prices of commercial LPG cylinders

In a move aimed at offering relief to businesses and commercial enterprises, oil marketing companies have announced a reduction in the prices of commercial LPG gas cylinders.

Enough coal is with thermal power plants amid high power demand: Govt

The Ministry of Coal has confirmed that coal stocks at thermal power plants remain robust, ensuring a steady power supply across the nation.

ACT fibernet invests in Aprecomm to revolutionize internet connectivity

ACT Fibernet (Atria Convergence Technologies Ltd.), India’s largest fiber-focused wired broadband ISP, has announced a significant strategic investment in Aprecomm Private Limited, India’s fastest-growing network intelligence solutions startup.

Nomura favors M&M, Bajaj Auto ahead of May sales data

May Auto Sales Preview -Leading automobile players like M&M, Bajaj Auto, and Tata Motors among others will announce their May 2024 sales data, on June 1.

DELHI GOVT URGES SC FOR IMMEDIATE WATER RELEASE FROM HARYANA

Delhi government said that it has already raised the issue of unrelenting heat and the consequent water crisis in the national capital

Major Fire at Patiala flea market, no loss of life Reported

A significant fire erupted At a busy flea market in Aat a Patiala, Punjab, on Friday afternoon, prompting a rapid response from local authorities and firefighters.

Delhi High Court: Bank Cannot Open LOC As An Arm Twisting Tactic To Recover Debt

The Delhi High Court in the case Rajesh Kumar Mehta v. Union of India And Ors observed that a Bank cannot open a Lookout Circular, LOC as an arm-twisting tactic to recover debt from an individual.

Madhya Pradesh Refused Protection Plea Of Inter-Faith Couple: Hindu-Muslim Marriage Invalid Under Muslim Personal Law

The Madhya Pradesh High Court in the case refused to grant protection to an inter-faith couple wherein the court observed that a marriage between a Muslim man and a Hindu woman was invalid as per the Muslim Personal Law.

UN Award winner major Radhika Sen advocates Gender-sensitive approach

Major Radhika Sen, recipient of the prestigious ‘United Nations Military Gender Advocate of the Year’ award for 2023, emphasized the significance of gender-sensitive peacekeeping during her tenure as an Indian woman peacekeeper with the UN mission in Congo.