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  • newRadhakishan Damani offloads 1.7% stake in VST Industries, takes home Rs 107 crore
    ​Among the public shareholders, Damani held about 34.66% in the company. Damani raised stake in VST Industries during the June quarter by 2%. At the end of March quarter, the investor had held about 32.7% in the company, according to data from Trendlyne.
    - 8 hours ago 24 Jul 24, 8:57pm -
  • newTech View: Nifty forms High Wave candle ahead of Thursday expiry. Here’s how to trade next
    According to Nagaraj Shetti of HDFC Securities, the Nifty has breached the 10-day EMA support level and is now hovering near the 20-day EMA support level of approximately 24,270. These moving averages have held strong for the past 5-6 weeks, and the market's failure to remain above these levels could trigger a significant downturn.
    - 10 hours ago 24 Jul 24, 6:57pm -
  • newBaring Private Equity likely to sell a 7.9% stake in RBL Bank on Thursday
    IIFL Securities is the sole book runner for the deal. According to the term sheet issued by IIFL, Maple II BV, an entity of EQT AB, is offering to sell 4.78 crore shares of the bank at a floor price of Rs 226 per share — a 5% discount to Wednesday’s closing price of Rs 237.95.
    - 11 hours ago 24 Jul 24, 5:37pm -
  • newBleeding red! 71% retail traders making losses in intraday segment, finds Sebi study
    Markets regulator Sebi has validated a well-known secret on Dalal Street - most retail intraday traders don't make money. According to a study by Sebi, 71% of individual traders in intraday equity segment incurred losses during FY23, up from 65% in FY19 and 69% in FY22.
    - 12 hours ago 24 Jul 24, 5:34pm -
  • newBudget 2024: Realty, banks, defence among 9 sectors that appear short term losers. Here's why
    As the dust around the Union Budget 2024 settles down, potential losers in the market as a result of announcements or rather lack of it, are coming to the fore.
    - 12 hours ago 24 Jul 24, 5:07pm -
  • newTax tension drags Sensex down 600 points but retail investors keep partying. Should you tweak strategy?
    Despite a drag from banks and other financial stocks on Sensex and Nifty due to a capital gains tax hike in the Budget, smallcaps and midcaps continued rallying unaffected by the Finance Bill changes. Sensex plummeted around 500 points, led by HDFC Bank, ICICI Bank, Axis Bank, and Bajaj twins with losses up to 3%. In contrast, the Nifty Smallcap250 index surged 1.4%, and the midcap index also rose around 1%. Microcaps saw even higher gains, rallying over 2%. While the increased tax rates for equ…
    - 15 hours ago 24 Jul 24, 2:03pm -
  • newMountainous Nepal's sad history of air crashes
    In Nepal, several airlines fly to small airports in remote hills and mountains shrouded in clouds and cut off from roads.
    - 16 hours ago 24 Jul 24, 1:13pm -
  • newAircraft crashes during takeoff at Kathmandu airport
    The aircraft belonging to a private airline company crashed during takeoff at Tribhuvan International Airport in Kathmandu on July 24 morning. The accident occurred around 11 am, as the Pokhara-bound Saurya Airlines plane took off.
    - 17 hours ago 24 Jul 24, 11:52am -
  • newKamala Harris has energized Democratic base, says a confidential memo from Trump campaign
    Confidential memo acknowledges Harris energizing Democratic base with $100 million raised in record time. Trump campaign pollster predicts temporary bump for Harris but asserts voters will refocus on her record and ties to Biden's decisions. Uncertainty looms as race heats up.
    - 20 hours ago 24 Jul 24, 9:11am -
  • newJuly 21 was world's hottest day in at least 84 years: European climate agency
    On July 21, 2023, the Earth recorded its hottest day at 17.09°C, according to C3S. Temperature anomalies in Antarctica and the Northern Hemisphere have broken records since July 3. Global temperature peaks and La Nina could lead to a 2024 heat record. Rising greenhouse gases cause significant climate impacts.
    - 20 hours ago 24 Jul 24, 8:44am -
  • newModi Budget prioritizes jobless voters who spurned him at polls
    Modi's government will invest 2 trillion rupees to address a 40% youth jobless rate through tax breaks, job incentives, and backing for Andhra Pradesh and Janata Dal (United). Despite over 8% growth, challenges persist. Rahul Gandhi criticizes as hollow promises. Budget deficit to drop to 4.9% of GDP with a $25 billion dividend.
    - 21 hours ago 24 Jul 24, 8:13am -
  • newKamala Harris leads Donald Trump in new poll after Biden dropout
    Vice President Kamala Harris is narrowly beating rival Donald Trump in a national presidential poll released Tuesday, one of the first conducted since US President Joe Biden ended his reelection campaign. It was conducted in the two days after Biden announced Sunday he was dropping out of the race and endorsing his vice president.
    - 22 hours ago 24 Jul 24, 7:00am -
  • newOfficers left post to go look for Donald Trump rally gunman before shooting, state police boss says
    Crooks used a rifle and rangefinder to shoot at Trump at the July 13 Butler rally, after officers left posts. Secret Service Director Cheatle, citing this "most significant operational failure", resigned. District Attorney Goldinger and investigations seek Crooks' motive. House Oversight, Homeland Security Committees, bipartisan task force investigate. One death, two injuries.
    - 22 hours ago 24 Jul 24, 6:53am -
  • newBudget 2024 in five key charts: More spending, debt control
    Nirmala Sitharaman's budget focuses on job creation, infrastructure, reducing deficit (4.9% GDP), defense (6.2 trillion rupees), youth reskilling, borrowings, pensions, capital budget, subsidies cuts, education, health, and food pledge. Central bank windfall supports funding. Goal: government debt decline by 2026-27 and making India a developed nation by 2047, under Modi's coalition.
    - 22 hours ago 24 Jul 24, 6:44am -
  • Reduction of LPG prices; revision of tax slabs: Expectation from 2024 Budget
    Finance Minister Nirmala Sitharaman is set to present the Union Budget for the seventh time, with expectations for changes in income tax structure and business ease. Residents across India hope for reduced petrol prices and inflation control. The budget announcement is eagerly awaited for its impact on the economy.
    - 2 days ago 23 Jul 24, 8:42am -

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