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Food on boil, inflation rises to 4-month high of 5.08% in June; May factory output highest since October
India's retail inflation surged to a four-month high of 5.08% in June, up from 4.8% in May, driven by a sharp increase in food prices which reached a six-month high of 9.36%. This exceeded expectations, as a recent poll had projected inflation at 4.7%. Concurrently, the Index of Industrial Production (IIP) indicated robust growth, rising to a seven-month high of 5.9% in May, fueled by gains in electricity generation and mining sectors.
Small cap mutual funds deliver highest return in 5 and 10 years. What should investors do?
Small cap funds have shown impressive returns over the last five and ten years, with potential for high volatility. Investment experts recommend caution and a long-term horizon for aggressive investors. Learn more about the risk and reward profile of small cap schemes.
From 0001 to 0007: How much you need to pay for these VIP car number plates
Post-pandemic, Delhi's obsession with fancy numbers, driven by numerology and superstitions, saw the 0001 plate sell for Rs 23.4 lakh. The 0009 and 0007 plates also fetched high bids. Managed by the Delhi transport department, monthly e-auctions see varying prices.
At $4.2 billion, Q2 2024 IPO size records its highest growth in 2 years
QIPs saw a rise in both value and volume compared to the previous quarter, with 20 issues raising $2.3 billion. This marks the second-highest volume since Q4 2017. The retail and consumer sector led deal activity, with an 18% increase in value over Q1 2024, despite a 7% decrease in volume.
Brent crude above $87 at highest levels since April
Brent crude prices reach a 3-month high at $87 due to a significant drop in US inventories. Market sees gains supported by dollar weakness and improved US fuel demand outlook. However, economic worries persist with unexpected German industrial orders decline and rise in US jobless claims.
Air India loses 1 luggage out of every 36, highest in the world, claims report
Air India leads in lost luggage among global airlines, with 50,001 bags lost in the past month, according to LuggageLosers.com. The site, created by Pieter Levels after Vueling lost his girlfriend’s luggage, ranks airlines by lost bags. Air India faces additional issues, including broken seats, dirty aircraft, and a recent staff protest causing flight disruptions.
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Summer of deaths: 143, 209 or 448 - What's the real death toll in India due to heatwave?
Heatwave deaths: The Union health ministry reported 143 confirmed heatstroke deaths in India, but data from states suggests a total of 448 confirmed and suspected fatalities this summer. Uttar Pradesh recorded the highest number of deaths, with Delhi leading in confirmed cases. The ministry anticipates the toll may rise as investigations continue.
IT industry's competitive intensity to be at highest levels in FY25: HCLTech CEO C Vijayakumar
Despite a challenging economic environment, HCLTech has achieved remarkable annual growth and outpaced larger competitors. The third-largest software services firm, with annual revenues of $13.27 billion, reported growth that outpaced Tata Consultancy Services 4.1% and Infosys 1.4%. Smaller players such as Wipro and Tech Mahindra faced significant struggles.
Northern Lights expected to return: Here’s where you could see the Aurora Borealis in US
Space weather forecasters are keeping a close eye on a massive sunspot that has previously produced spectacular aurora displays. This sunspot will remain visible from Earth for another week as it continues its journey across the sun, offering a brief opportunity for potential aurora sightings.
10 Best Teaching Clocks to Help Children Inculcate Cognitive Skills
It's time to make your child take part in fun and interactive learning sessions with the help of a teaching clock. These clocks are designed using premium quality materials and non-toxic colours, keeping their safety and convenience in mind. Today’s article features a list of the 10 best teaching clocks that will help your toddler develop cognitive skills.
NEET-UG 2024: 67 candidates secure AIR 1; NTA explains how students scored 719/720
67 candidates secure All India Rank 1 in NEET UG 2024, raising concerns over record number of toppers and allegations of irregularities. NTA attributes results to easier exam, rise in registrations, and grace marks for time loss, refuting claims of NEET UG paper leak and conducting background checks on toppers.
Lok Sabha polls: North-West Delhi seat records highest number of NOTA votes in city
In the Lok Sabha elections, the North-West Delhi constituency recorded the highest number of 'None of the Above' (NOTA) votes at 8,984. The NOTA option in the electronic voting machine (EVM) was incorporated following a Supreme Court verdict in 2013.
This city tops list with most number of deadliest car accidents in US: Report
Memphis, a city in the state of Tennessee, has recorded the greatest number of car crashes in the US for the year 2022. In the list of top 10 cities with the most number of car accidents, 3 cities belong to the state of Florida.
Maharashtra attracts highest FDI for second consecutive year: Fadnavis
Maharashtra Deputy Chief Minister Devendra Fadnavis announced that the state has attracted the highest foreign direct investment (FDI) in India for the second consecutive year. According to the Department for Promotion of Industry and Internal Trade (DPIIT), Maharashtra received FDI worth Rs 1,25,101 crore in 2023-24, surpassing Gujarat and Karnataka.
Election Commission releases Lok Sabha seat-wise turnout data
The Election Commission released detailed voter data for completed Lok Sabha election phases, denying delays amid court battles. It emphasized transparency and stakeholder involvement, dismissing false narratives. The Voter Turnout App provided data despite alleged press note delays.
8,360 candidates in fray in 2024 LS polls, highest since 1996
A total of 8,360 candidates are contesting the ongoing Lok Sabha elections, the highest since 1996. The number of candidates per constituency has increased from 4.67 in 1952 to 15.39 in 2024, marking a significant rise from previous elections. The first Lok Sabha elections in 1952 had 1,874 candidates, while the 2014 elections saw 8,251 candidates participating.
Nepal's Everest Man- Kami Rita climbs Mount Everest for a record 30th time
Kami Rita Sherpa, from Thame village in Solukhumbu, Nepal, set a world record with his 30th Mount Everest summit. Khimlal Gautam, Chief of the Expedition Monitoring, confirmed the achievement. He is a Senior Guide at Seven Summit Treks.
Meet world's second highest-paid CEO Nikesh Arora, the Indian-born executive who earns Rs 1,257 crore
Nikesh Arora, CEO of Palo Alto Networks, emerged as the second highest-paid CEO in the US in 2023, with a total compensation of $151.43 million. The Wall Street Journal's report highlighted the strong presence of Indian-descent executives among high earners, with 17 making it into the top 500. Shantanu Narayen of Adobe followed closely behind Arora at number 11, with earnings of $44.93 million.
Attrition for MBA campus talent highest across degrees; employee turnover among campus hires drops in 2023 vs 2022, survey shows
A survey by Deloitte has revealed that the attrition rate among MBA graduates hired directly from campus was the highest across disciplines in 2023, with the highest one-year (40%) and two-year (38%) attrition rates. Infant attrition was the highest among Graduate in Management (BBA / BCom /others) degree holders, with 33% of fresh hires leaving organisations in less than a year of joining. However, the survey showed a reduction in attrition rates from 2022, with MBA hires from Top-10 and Tier-1 colleges attriting at 24% (infant), 40% (one-year), and 38% (two-year) in 2023.
Another record topples; most sixes in IPL history hit this season
The 17th edition of the IPL has seen a surge in sixes, setting new records in T20 cricket. Delhi Capitals and Lucknow Super Giants' match was a high-scoring spectacle with 20 sixes. The season's total sixes surpassed the previous record. Punjab Kings, Sunrisers Hyderabad, and Marcus Stoinis set new milestones in successful chases and individual scores.
Election Commission flags off cycling expedition to world's highest polling station in Himachal Pradesh's Tashigang
The Election Commission of India (ECI) launched an awareness program with two cyclists to boost voter turnout in Himachal Pradesh. The program targets young voters. The awareness program, led by the Chief Electoral Officer, flagged off from Shimla to the world's highest polling station at Tashigang to encourage voters to participate in the elections on June 1.
CBSE Class 10, 12th Results 2024: Students got highest marks in these subjects. Know more
The CBSE announced the results for Class 10 and 12 examinations. The pass percentage for Class 10 stood at 93.60%, while for Class 12 it was 87.98%.Candidates can access their marks through official websites such as results.cbse.nic.in, cbse.gov.in, or cbseresults.nic.in. Additionally, results are accessible via the UMANG app, Digilocker app, Pariksha Sangam portal, and through the SMS facility.
Nepal's mountaineer Kami Rita summits Mt Everest for a record 29th time
Nepal's Kami Rita Sherpa, also known as 'Everest Man', broke his own record by scaling Mount Everest for the 29th time. The 54-year-old climber summited at 7:25 AM (NST) on Sunday, leading an expedition by Seven Summit Treks. He plans to climb twice this season, setting a remarkable milestone.
TN 10th Result 2024: Tamil Nadu Board TNDGE SSLC results out now at tnresults.nic.in; Check direct link here
TN 10th Result 2024: The long-awaited outcomes of the Class 10 board examinations for 2024 have been disclosed by the Directorate of Government Examinations (DGE) Tamil Nadu. Students can view their results on the official website, tnresults.nic.in. Let's explore the steps to access and understand your TN Board Class 10th results.
MNP number shows competition intense as Jio, Airtel fight for Vi users
Telecom companies compete fiercely for market share. Vodafone Idea struggles without 5G. Airtel and Jio focus on service quality and rural expansion. Broadband users increase, with Jio leading the growth.
Delhi-NCR has highest number of services exports firms after Bengaluru: Goldman Sachs' report
India's services exports have more than doubled in the past 18 years, driven by the surge in Global Capability Centres (GCCs), according to a Goldman Sachs report. Bengaluru leads in GCC concentration, followed by Delhi-NCR. The count of GCCs has risen from 700 to 1,580, employing 1.3 million individuals. Revenues of GCCs reached $46 billion in FY23, with forecasts indicating continued growth, shaping India's global services dominance.
HAL and Tata Steel among 10 stocks that saw highest number of shareholder addition
The record-breaking D-Street rally in recent years has resulted in investors entering the stock market in hordes. For instance, five stocks, NHPC, Indian Renewable, IRFC, Yes Bank, and HDFC Bank, collectively added 75 lakh investors during the quarter ending March 2024. NHPC led the pack with a substantial influx of 23 lakh new investors. Take a look (Source: ET | Capitaline)
Thumbs Down! These 5 stocks have the highest number of bearish estimates. Do you own any?
A Trendlyne screener shortlisted stocks with high bearish estimates. The number of bearish estimates is the sum of strong sell and sell calls from analysts covered by the forecaster data set. The list includes prominent names like Wipro, and Vodafone Idea, among others. (Take a look)
Synthetic identity attacks and account takeover attacks see the highest growth in the BFSI sector
A research report by Experian highlights a significant rise in synthetic identity attacks and account takeover attacks within the Financial sector. The report indicates that 67% of respondents are struggling to keep up with the evolving fraud landscape. To combat these threats effectively, the report recommends implementing multiple layered defenses.
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