New Delhi, Dec 3 (PTI) Shares of seven Adani Group firms ended in the green on Tuesday, with Adani Ports surging 6 per cent, emerging as the biggest gainer among the Sensex and Nifty firms. The stock of Adani Ports surged 6.02 per cent, Ambuja Cements soared 5.15 per cent, ACC (2.56 per cent), Adani Enterprises (2.33 per cent), Sanghi Industries (2.09 per cent), Adani Wilmar (1.19 per cent) and NDTV (0.45 per cent) on the BSE. Also Read | What Is 'Tankhah', Religious Punishment Given to Sukhbi...Read More
New Delhi, Dec 3 (PTI) State-owned NBCC Ltd on Tuesday said it has bagged work order of Rs 213 crore from Motilal Nehru College in Delhi University. NBCC and Motilal Nehru College, University of Delhi, have signed a Memorandum of Understanding (MoU) for the development of various infrastructure works at the college, with a total project value of Rs 213 crore, the company said in a statement. "This collaboration aims to significantly enhance the infrastructure of Motilal Nehru College, with key...Read More
New Delhi [India], December 3 (ANI): Oilfields (Regulation and Development) Amendment Bill, 2024 to expand the definition of mineral oils and include petroleum and natural gas passed in the Rajya Sabha on Tuesday. The bill was introduced by Union petroleum and natural gas minister Hardeep Singh Puri for consideration and passing. The Bill will regulate the exploration and extraction of natural gas and petroleum. The amended bill expands the definition of mineral oils to include petroleum and na...Read More
New Delhi: The Centre on Monday discussed imposing a safeguard duty on steel to protect against cheap imports, steel overcapacity in China and the impact on India if the incoming Trump administration places curbs on steel imports or levies tariffs on the alloy, as well as the issue of stuck steel consignments at ports. The issues were taken up at a meeting between Commerce and Industry Minister Piyush Goyal and Steel and Heavy Industries Minister H D Kumaraswamy. Officials said the steel minis...Read More
New Delhi, Dec 3 (PTI) Third-party logistics provider Shadowfax Technologies on Tuesday said it has recorded an adjusted PAT (profit after tax) of Rs 2 crore in FY24, against a loss of Rs 123.8 crore in the preceding fiscal. Adjusted PAT includes costs related to Employee Stock Ownership Plans (ESOPs). Revenue grew 33 per cent from Rs 1,415 crore in FY23 to Rs 1,885 crore in FY24, according to a company statement. The Bengaluru-headquartered firm said it has "significantly diversified" its re...Read More
New Delhi, Dec 3 (PTI) Shares of seven Adani Group firms ended in the green on Tuesday, with Adani Ports surging 6 per cent, emerging as the biggest gainer among the Sensex and Nifty firms. The stock of Adani Ports surged 6.02 per cent, Ambuja Cements soared 5.15 per cent, ACC (2.56 per cent), Adani Enterprises (2.33 per cent), Sanghi Industries (2.09 per cent), Adani Wilmar (1.19 per cent) and NDTV (0.45 per cent) on the BSE. However, shares of Adani Green Energy went lower by 1.17 per cent, ...Read More
Bengaluru, Dec 3 (PTI) The Karnataka High Court on Tuesday quashed a criminal case registered against former state BJP president Nalin Kumar Kateel for allegedly extorting money and pressuring business entities to buy electoral bonds. Justice M Nagaprasanna passed the order while allowing the petition filed by Kateel. The FIR was registered by the Bengaluru police based on a complaint lodged by Adarsh R Iyer, a city-based activist. The FIR was also registered against Union Finance Minister Ni...Read More
New Delhi, Dec 3 (PTI) Mahindra & Mahindra on Tuesday said it is in discussions with InterGlobe Aviation, which owns IndiGo airlines, to find an amicable solution regarding a trademark issue over the use of "6e" in its all-new electric model. The automaker, which introduced two electric brands -- BE 6e and XEV 9e -- earlier this month, said its trademark 'BE 6e' differs from IndiGo's '6E', eliminating any risk of confusion. IndiGo uses 6E as the airline designator code. "We have taken on boar...Read More
Jaipur, Dec 3 (PTI) A student of a government college allegedly committed suicide by jumping from the rooftop of the college building in Rajasthan's Sirohi district, police said on Tuesday. According to police, Rahul Garasiya, a second-year MMBS student at BR Ambedkar Medical College, was allegedly upset about not performing well in his exam, which was held on Monday. On late Monday when Garasiya was studying with his fellow students on the third floor of the building, he left saying that he w...Read More
New Delhi: Tata Consumer Products Limited (TCPL) is setting ambitious growth plans for its coffee business in India, focusing on expanding its Tata Starbucks cafe network and vending machine operations. TCPL, a part of the Tata Group, operates Tata Starbucks as a joint venture with Starbucks Corporation on a 50:50 basis. The coffee chain aims to scale up to 1,000 outlets by FY2027-28 from its current count of 457 stores across 70 cities as of September 2024....Read More
Thiruvananthapuram: In a devastating event, five MBBS students from TD Medical College Vandanam, Alappuzha, perished when their car crashed into a Kerala State Road Transport Corporation bus on Monday night. The deceased, all first-year MBBS students, were identified as Devanathan, 19, from Malappuram; Sreedev Valsan, 19, from Palakkad; Ayush Shaji, 19, from Kottayam; P. P. Mohammad Ibrahim, 19, from Androth Lakshadweep; and Mohammad Abdul Jabbar, 19, from Kannur. The accident occurred at 9:30 ...Read More
New Delhi [India], December 3 (ANI): The Central Railway will run 12 additional suburban special trains between Parel- Kalyan and Kurla- Panvel stations on Thursday-Friday mid-night on the occasion of Bharat Ratna Dr Babasaheb Ambedkar's Mahaparinirvan Divas 2024, a press release said on Tuesday. According to the release, these suburban special trains will run stopping at all stations. The Railway Administration has also appealed to the travelling public to travel with proper tickets to avoid i...Read More
India's Ministry of Corporate Affairs (MCA) has announced an ongoing investigation into three electric vehicle (EV) manufacturers for allegedly availing government subsidies fraudulently. The total sum in question amounts to approximately Rs2.97bn (about $35m). The firms under scrutiny, Hero Electric Vehicles, Benling India Energy and Technology, and Okinawa Autotech; they are accused of violating guidelines tied to FAME II. FAME II was launched in 2019 by India's Ministry of Heavy Industries...Read More
Why Is Indian Railways Called Indian Railways, Not Indian Railway? UPSC-Level Question Solved Continuing its impressive box office journey, The Sabarmati Report has once again aced the Monday test, raking in Rs 1.08 crore on its third Monday. This brings the film's total collection to an impressive Rs 36.64 crore. Achieving strong numbers on a Monday is no small feat, and The Sabarmati Report has demonstrated exceptional staying power thanks to its compelling storytelling and unwavering audienc...Read More
Karman Drones and Troop Comforts Ltd have signed a five-year strategic partnership to co-develop and manufacture unmanned aerial vehicles. This collaboration aims to strengthen India's defense manufacturing capabilities and provide advanced UAV solutions for defense, paramilitary, police, and civil sectors under the 'Make in India' initiative. Karman Drones, a prominent drone technology company, announced on Tuesday a five-year strategic alliance with defense public sector undertaking Troop Com...Read More
Benchmark indices Sensex and Nifty rallied for the third straight session on Tuesday (December 3, 2024) amid buying in blue-chip stocks like HDFC Bank, Reliance Industries and firm trends in global markets. The BSE benchmark Sensex jumped 597.67 points or 0.74% to settle at 80,845.75. During the day, it surged 701.02 points or 0.87% to 80,949.10. The NSE Nifty went up by 181.10 points or 0.75% to 24,457.15. From the 30-share Sensex pack, Adani Ports surged nearly 6%. NTPC, Axis Bank, State Ba...Read More
In today's digital-first economy, businesses are increasingly adopting AI-driven strategies to stay competitive and engage with customers more effectively. Gartner reports that by 2026 over 80% of marketers will rely on AI tools for personalised content delivery, audience targeting, and performance analytics. While according to McKinsey & Company report of 2023, organisations utilising AI in their marketing efforts see up to a 30% increase in customer engagement. As businesses pivot towards more...Read More
CHENNAI: Following widespread rain recently, the Koyambedu wholesale market has been receiving less vegetables and as a result the prices have surged. As many as 460 truck loads of perishable commodities are supplied from the neighbouring states to Chennai, and it is expected to increase from weekends. Cyclone Fengal brought extremely heavy rain in Tamil Nadu, Karnataka and Andhra Pradesh in the last few days, which has disrupted the vegetable supply to the city. The wholesale market has been...Read More
External Affairs Minister S Jaishankar laid down three key principles Tuesday for stability along the LAC as India-China ties show signs of improvement.External Affairs Minister S Jaishankar told the Lok Sabha Tuesday that India-China ties, which have been "abnormal" since April 2020 following deadly clashes in eastern Ladakh, have seen some improvement. He attributed this progress to "continuous diplomatic engagement since then (which has) set our ties in the direction of some improvement". Ind...Read More
New Delhi: Mazagon Dock Shipbuilders, a leading public sector undertaking (PSU), has announced a 2:1 stock split, reducing the face value of its shares from Rs 10 to Rs 5 each. The decision, which aims to improve the liquidity of the stock and make it more accessible to retail investors, is subject to approval by the company's shareholders. This marks the first-ever stock split for the company....Read More
Why Is Indian Railways Called Indian Railways, Not Indian Railway? UPSC-Level Question Solved India's Domestic Air Passenger Traffic: India is projected to see 7-10 per cent growth (year-on-year) in domestic air passenger traffic at 164-170 million in FY25, according to a report on Tuesday. In the first half this fiscal (H1 FY25), the domestic air passenger traffic stood at 79.3 million, witnessing a YoY growth of 5.3 per cent, partly impacted by the severe heat waves and other weather-related ...Read More
Lakhimpur Kheri, December 3: Talent knows no boundaries. A testament to this is 28-year-old Muneer Khan from Lakhimpur Kheri in Uttar Pradesh, whose innovations and technical skills have gained him global recognition. From a 'smart water bottle' to 'smart soil testing device,' and more recently, 'AI-enabled eye-glasses,' what makes his innovations stand out is their ability to improve everyday convenience for ordinary people. Born in a humble and poor family in Kheri's Gauriya village, Muneer l...Read More
Motio Research's estimates are based on income data collected by the U.S. Census Bureau as part of its monthly Current Population Survey. The firm adjusts its monthly estimates to account for the effects of seasonality and inflation in its data, presenting its results in the form of an index with the median household income of January 2010 assigned a value of 100. The initial value of the firm's U.S. Real Median Household Income Index for October 2024 is 117.1. Political Calculations produces e...Read More
Passengers who previously paid Rs 5 for the minimum 2 km journey will now pay Rs 15, while those travelling the entire route between New Garia and Dum Dum will pay Rs 35 instead of Rs 25 Passengers taking the Kolkata Metro after 10:40 pm will face an additional fare starting December 10, with a surcharge of Rs 10 being added to all tickets. This change applies across the Dum Dum-New Garia section of the North-South Corridor, where the 'night special' service has been operational since May 24, 2...Read More
Minister holds review meeting with officials of Women and Child Development Department Haryana's Women and Child Development Minister Smt. Shruti Choudhry has said that every officer of the department should go in the field and listen to the problems of people. She has also asked the officers to prepare a duty chart which should have complete information about the work being assigned to every officer. She said if the officer who has been assigned duty does not go in the field, strict action wi...Read More
The Bangladeshi external affairs ministry summoned Pranay Kumar Verma, India's high commissioner to Bangladesh, to protest the security breach of Agartala Assistant High Commission. Bangladesh external affairs ministry on Tuesday summoned Pranay Kumar Verma, the Indian high commissioner to Bangladesh, over the security breach incident at the Assistant High Commission of Bangladesh in Tripura's Agartala, Bangladeshi news outlets said. In Agartala, the capital city of the northeastern state of T...Read More
Central government will fund 40 per cent of the projects, private developers 60 per cent The Andhra Pradesh government on Monday approved the first phases of metro rail projects for Visakhapatnam and Vijayawada. The estimated total cost of these projects is Rs 22,507 crore, with Rs 11,498 crore allocated for Visakhapatnam and Rs 11,009 crore for Vijayawada. In Visakhapatnam, Phase-I will feature three corridors: Steel Plant Junction to Kommadi (34.40 km), Gurudwara to Old Post Office (5.08 km)...Read More
The British pound increased its value against the dollar on Tuesday. Federal Reserve Governor Christopher Waller's comments, which suggested a dovish stance, provided a boost to the currency's performance, helping it recover some of Monday's losses. Meanwhile, political turmoil in France left investors cautious. Prime Minister Michel Barnier faces no-confidence votes from opposition parties amid disagreement over his budget, which proposes tax hikes and spending cuts. In light of these develop...Read More
Swiggy's quick commerce segment also saw remarkable growth, with revenue surging by 135% to Rs 490 crore in Q2 FY25 from Rs 208 crore in Q2 FY24. Foodtech and quick commerce giant Swiggy has managed a 30.3% quarter-on-quarter growth in its operating revenue which spiked to Rs 3,601 crore during Q2 FY25 as compared to Rs 2,763 crore Q2 FY24. This growth was largely driven by the expansion of its quick commerce businesses which grew 135% in the last quarter. Swiggy's food delivery business conti...Read More
Asian and European stocks surged thanks to tech companies driving Wall Street to record highs. Japan's Nikkei and several European indices rose, while the US dollar stabilized after a previous surge. Political tensions in France and tariff threats from the US also affected market movements and currency valuations. Stock markets across Asia and Europe experienced a resurgence on Tuesday, driven in part by a strong performance in tech stocks in the US. Japan's Nikkei index surged by 1.91%, and th...Read More