JUNE 8
Vegas Mall in Delhi saw max average footfall during April-June among top 25 shopping malls, says report
GeoIQ's report reveals that Vegas Mall in Delhi saw the highest average daily footfall during April-June, followed by V3S East Centre Mall and Phoenix Marketcity in Mumbai. The data is based on anonymised geolocation from mobile devices. GeoIQ aims to enhance offline retail insights using location data and machine learning.
NPA provisions continue to rise sequentially in Q2 amid seasonal weakness
The aggregate loan loss provisioning by publicly listed banks in the June quarter increased to a four-quarter high led by a select banks including public sector banks (PSBs) such as State Bank of India (SBI) and Central Bank of India and private sector banks such as Axis Bank, Kotak Mahindra Bank, and Bandhan Bank.
Updated WTC Points Table: Pakistan drops to 8th after Bangladesh series shocker, India takes top spot
Bangladesh's triumph has propelled them to 4th place in the WTC table. With three wins and three losses, they have accumulated 33 points and a PCT of 45.83. Prior to this series, Bangladesh was in 6th place but has climbed two spots due to their impressive performance against Pakistan.
FDI inflows jump 47.8% to USD 16.17 bn in Apr-June 2024, Singapore top source
Foreign direct investment in India surged by 47.8% to USD 16.17 billion in April-June this fiscal, driven by strong inflows in services, computer, telecom, and pharma sectors. Total FDI grew by 28% to USD 22.49 billion during the first quarter. Maharashtra received the highest inflow of USD 8.48 billion.
Top 8 Indian cities witness 3% sequential rise in housing prices in June quarter
On an annual basis too, average housing prices at the end of June have shown a 12% growth across the eight major cities. Interestingly, 7 out of 8 cities under review witnessed annual price appreciation, with Delhi-NCR witnessing the highest price rise at 30% closely followed by Bengaluru, the data showed.
Best Haier Washing Machines for Every Home
Explore the top hair washing machines in this detailed guide, featuring a selection of the best models available. Learn about their key features, performance, and benefits, helping you make an informed decision. Whether for home or salon use, discover the ideal machine to suit your hair care needs and preferences.
- Go To Page 1
ICMAI CMA June Result 2024 announced for Inter and Final exams. Direct link and pass percentage
The Institute of Cost Accountants of India has announced the CMA June 2024 results for Intermediate and Final courses. Candidates can check their results on the official website using their registration number and date of birth. Alongside the pass percentages, ICMAI provides the option to request certified copies of exam papers within 21 days of the announcement.
Fintech startup TransBnk secures $4 million in funding round led by 8i Ventures
TransBnk, a Mumbai-based fintech firm, has raised $4 million in funding. The company was earlier backed by M2P and Slice. The startup will use the funds to expand its network of banking partners and increase its product offerings.
Unemployment rate down a tad in Q1 FY25: Data
The National Statistical Office reported a drop in India's urban unemployment rate for those above 15 years to 6.6% in the April-June quarter FY25, down from 6.7% the previous quarter. Male unemployment decreased, while female joblessness rose to 9%. Youth unemployment also fell, and shares of salaried and casual workers saw an increase.
Oil and gas spoil India Inc show in June Quarter
In the June 2024 quarter, India's industry saw modest growth with a 9.4% net profit increase, mainly due to lower refining and marketing margins in the oil and gas sector. Banking and finance sectors performed well with significant revenue growth. The overall operating margin declined to 17.4%. Future growth hinges on rural demand revival post-monsoon.
India's industrial production eases to 4.2% in June from 6.2% in May
India's Index of Industrial Production (IIP) increased by 4.2% in June, up from 6.2% in May, according to data from the Ministry of Statistics and Programme Implementation. Factory output growth reached 4.0% in June 2023, a slight increase from the previous high.
Kennametal India reports 8.3% growth in June quarter revenue
Kennametal India saw an 8.3% rise in revenues, reaching Rs 302.4 crore for the June quarter, driven by the hard metal and machining solutions groups. Profit before tax climbed 48.7%.
Cochin Shipyard Q1 Results: Net profit rises 77% to Rs 174 crore; revenue jumps 62% YoY
Cochin Shipyard saw a 76.6% increase in net profit to Rs 174.23 crore for the June 2024 quarter, compared to Rs 98.65 crore a year earlier. Revenue from operations grew by 62% to Rs 771.47 crore.
Sony Q1 Results: Co posts 10% profit rise on image sensor strength
Sony achieved a 10% increase in operating profit for April-June, driven by its image sensor business. This segment, vital to smartphone makers, saw profits triple. PlayStation 5 sales were down compared to last year, but gains in software sales helped the gaming segment. Sony aims to sell 18 million PS5 units this year.
India's April-June fiscal deficit at Rs 1.36 lakh crore, sharply narrows on-year to 8.1% of FY25 aim
India's fiscal deficit for April to June, or the first three months of this fiscal year, was at 1.36 lakh crore rupees, equivalent to 8.1% of annual estimates, sharply narrowing from the previous year's 25.3%. The government aims to narrow the fiscal gap to 4.9% of GDP in this financial year from 5.6% a year earlier.
Go Digit shares rally 8% after PAT jumps 74% in June quarter
Shares of Go Digit General Insurance rallied 8% on Friday to a day's high of Rs 362.25 on the BSE after the company reported a 74% increase in net profit for the quarter ended June 30, 2024, reaching Rs 101 crore, up from Rs 58 crore in the same period last year.
Mobile, component makers cumulatively invest Rs 8,282 crore under PLI scheme till June
Minister of State for Electronics and IT Jitin Prasada in a written reply to Lok Sabha said that a total of 32 companies were approved with committed investment of Rs 11,324 crore and a projected production target of Rs 10.7 lakh crore under the PLI (Production Linked Incentive) scheme for Large Scale Electronics Manufacturing.
Sterling and Wilson Renewable Energy reports Rs 4.8 cr profit in Q1
Sterling and Wilson Renewable Energy Ltd reported a Rs 4.83 crore net profit in the June quarter, reversing a Rs 95.32 crore loss. Total income reached Rs 927.89 crore, with expenses at Rs 913.23 crore. CEO Amit Jain emphasized shareholder value. The order book stands at Rs 2,170 crore, with net debt of Rs 97 crore.
Et Graphics: Domestic air traffic rises 5.8% in June, IndiGo leads
In June 2023, airlines carried 13.2 million passengers, a 5.8% increase from June last year but down from 13.8 million in May. IndiGo remains the largest airline. SpiceJet's market share fell below 4% due to financial struggles and supply constraints. Akasa Air achieved 80% punctuality, and airlines recorded 89% average occupancy.
Cargo traffic at 12 major Indian ports rises 6.8 pc to 69.8 MT in Jun
Cargo traffic at major Indian ports increased by 6.8% in June, with Jawaharlal Nehru Port and Cochin Port showing the highest growth. However, Mumbai Port experienced a decline. Overall, ten ports saw positive growth while two witnessed a decrease.
Tata Motors domestic sales dip 8 pc in June
Tata Motors reported an 8% decline in total domestic wholesales to 74,147 units in June, with passenger vehicle sales at 43,624 units. The company anticipates a demand recovery with a strong enquiry pipeline and the upcoming festive season in August. Focus remains on the SUV portfolio, especially Punch and Nexon models, as the industry prepares for growth.
10 Best Front Load Washing Machines in India (June 2024) for Ultimate Efficiency
Experience the epitome of laundry convenience with this list of the best-selling front load washing machines. Crafted by renowned brands such as LG, Samsung, IFB, and Bosch, these appliances represent the pinnacle of innovation and efficiency in laundry care. From cutting-edge AI-powered features to energy-saving technologies and advanced wash programs, these best front load washing machines cater to diverse household needs. With capacities ranging from compact to spacious, they accommodate various family sizes and lifestyles.
Best Honor tablets for performance, design, and value (June 2024)
Explore the best Honor tablets of 2024, combining cutting-edge performance, sleek design, and exceptional value. These tablets feature expansive displays with eye comfort modes, robust processors, and generous storage options, ensuring smooth multitasking and immersive media experiences. With TÜV Rheinland-certified eye protection, powerful audio systems, and long-lasting battery life, Honor tablets cater to both productivity and entertainment needs. Ideal for students, professionals, and casual users, these devices offer top-tier technology in a portable, stylish package.
IMD predicts heavy rains in Kerala on June 8
The Indian Meteorological Department (IMD) forecasts heavy rainfall and gusty winds in various parts of Kerala due to the ongoing Southwest Monsoon. Thunderstorms accompanied by heavy rainfall and gusty winds are expected in Thiruvananthapuram district, while moderate rainfall and gusty winds are likely in Kollam, Pathanamthitta, and Thrissur districts. Light rainfall is predicted in other districts of the state.
Saturday bank holiday: Are banks closed today?
Saturday bank holiday: Banks are closed on the second Saturday of the month, as well as on Sundays and the fourth Saturdays.
UFC Fight Night June 8: Main card, where to watch Jared Cannonier vs Nassourdine Imavov
UFC Fight Night will feature the mega fight between Jared Cannonier and Nassourdine Imavov. We have all details pertaining to main card and live streaming details.
Modi 3.0: NDA government's formation, oath-taking ceremony likely on June 8
Modi 3.0 Oath : BJP leader Narendra Modi is likely to be sworn in as Prime Minister for a third consecutive term on June 8, following the NDA's victory in the general elections. Despite losses in three Hindi heartland states, the BJP-led NDA secured 291 seats. The BJP will rely on allies for stability, notably winning 19 of 21 seats in Odisha.
FD rates up to 8%: These 3 banks special fixed deposits with higher interest rates will end on June 30
Many banks offer special fixed deposits with higher interest rates. However, these special fixed deposits are offered for a limited period of time. Individuals who wish for a better return should make sure to invest in special deposits before the deadline.
Load More
