Stock investors will track the ongoing conflict between Iran and Israel, Brent crude oil prices, inflation data and the US Fed interest rate decision for further cues this week, analysts said. Tariff-related news would also dictate trends in the equity market, experts noted.
External Affairs Minister S Jaishankar addresses Parliament on Operation Sindoor, denying any US trade linkage and highlighting Pakistan's request for a ceasefire through the DGMO channel.
A non-cognisable offence is being filed against Shiv Sena MLA Sanjay Gaikwad in connection with the assault of a canteen worker at the MLA hostel. The incident sparked outrage after a video surfaced showing Gaikwad assaulting the worker over allegedly stale food.
Domestic passenger vehicle wholesales were down 0.8 per cent at 3,44,656 units in May this year as compared to 3,47,492 units in the same month last year, Society of Indian Automobile Manufacturers said on Monday.
'It concerns the sea and the security of the nation. What has happened is a big tragedy.'
He said six people have been rescued so far, and a search operation is being conducted on a war footing as some people are swept away.
Dr Aniket Mule, consultant, internal medicine, KIMS Hospitals, offers practical advice to protect yourself from mosquitoes and water-borne diseases like malaria, dengue and chikungunya.
The Raja Parba or Raja festival celebrates the enduring spirit of womanhood.
The Maharashtra legislative assembly passed the 'Maharashtra Special Public Security Bill' aimed at preventing unlawful activities of Left Wing Extremist organizations, focusing on urban Naxalism and passive militancy.
The Delhi government is likely to take disciplinary actions against officials responsible for waterlogging at the Minto Bridge underpass after overnight showers. A junior engineer and pump operator responsible for the underpass will be suspended and the assistant engineer will be issued a show cause notice for supervisory lapses.
Ruling Shiv Sena's MLA Sanjay Gaikwad allegedly slapped an employee of a canteen at the MLA's hostel in Mumbai after complaining about being served stale food.
The onset of the southwest monsoon is being keenly watched this year as it may provide an early sign regarding its progress over the Indian subcontinent, particularly when El Nio is expected to rear its head during the latter half of the season.
The Supreme Court has agreed to hear petitions challenging the Election Commission's decision to revise electoral rolls in Bihar. The hearing is scheduled for July 10.
'You can say it was a moment that can be described as unimaginable or unbelievable.'
'The protection of secrecy and anonymity gets lost with this linking.'
Facing mounting opposition to the introduction of Hindi language in Maharashtra schools from classes 1 to 5, the state cabinet on Sunday decided to withdraw two GRs (government orders) on the implementation of the three-language policy.
As many as 12 flights were diverted at the Delhi airport between 3 pm and 4 pm due to adverse weather conditions, an official said.
Maharashtra Minister Ashish Shelar has accused the Shiv Sena (UBT) of mismanaging the Brihanmumbai Municipal Corporation (BMC), alleging that the opposition party and contractors misappropriated funds for the BRIMSTOWAD drainage system and Mithi River cleaning. Shelar claimed that the Sena (UBT) and BMC contractors looted Mumbai and did not complete the BRIMSTOWAD project work in 25 years, which could have saved Mumbai from flooding. He also alleged that Rs 1,000 crores were spent by the BMC on bogus Mithi River cleaning. Shelar's accusations come amidst heavy rainfall in Mumbai, which has exacerbated the city's monsoon woes. The incomplete BRIMSTOWAD project and inadequate desilting of nullahs have drawn criticism for the city's unpreparedness.
The Mumbai Metro Rail Corporation (MMRC) was forced to suspend the operation after flooding was reported at the underground Acharya Atre Chowk station.
After climbing to the highest level in more than five years to 4.7 million tonnes in FY24, India might import fewer quantities of pulses this financial year at 4-4.5 mt on the back of good monsoon and higher domestic production, Bimal Kothari, chairman of India Pulses and Grains Association (IPGA), said in New Delhi on Friday. Kothari was addressing reporters on the sidelines of a seminar on pulses titled "Bharat Dalhan-2024".
The BJP regime, which is unable to take on the DMK, the Dravidian movement in Tamil Nadu is involved in a "cultural invasion," Siva, a Rajya Sabha MP, alleged.
Wholesale price inflation dropped to 0.85 per cent in April as prices of food articles, manufactured products, and fuel eased, government data showed on Wednesday. WPI-based inflation was 2.05 per cent in March. It was 1.19 per cent in April last year.
Shinde was speaking in the presence of Union Home Minister Ami Shah at the inauguration ceremony of the 'Jairaj Sports and Convention Centre' built by the Shree Poona Gujarati Bandhu Samaj in Pune's Kondhwa.
'Experts and stakeholders have raised concern over the refund provision in the draft Bill. That was a drafting error, which will be rectified,' a government official said.
Retail inflation dipped to an over six-year low of 2.82 per cent in May due to subdued food prices, remaining below the RBI's median target of 4 per cent for the fourth consecutive month, according to government data released on Thursday. Consumer Price Index (CPI)-based retail inflation was 3.16 per cent in April and 4.8 per cent in May 2024.
RBI's interest rate decision, macroeconomic data announcements and global trends are the key factors that would dictate the momentum in the equity market this week, analysts said.
The Indian cement industry is hopeful of greener pastures after a long period of stress led by pricing pressures and other factors. The second half of FY25 is expected to bring respite due to price hikes, cost benefits and higher volumes, said analysts. The optimistic momentum also makes cement stocks attractive, analysts added, advising to buy dips following a period of bearish sentiment in these stocks.
The highlight of Tuesday's debate on Operation Sindoor was the speech by Prime Minister Narendra Modi, with the rebuttal by Congress's Wayanad MP Priyanka Gandhi coming a close second.
Addressing a press conference virtually, India Meteorological Department Director General Mrutyunjay Mohapatra said September was likely to witness normal rainfall in the range of 91-109 per cent of the long period average of 167.9 mm.
After being pummelled by heavy downpours at the start of the week, Mumbai witnessed a brief respite on Tuesday morning, with the island city recording an average rainfall of 106 mm in 24 hours, civic officials said.
According to a situation report issued by the DGS, the oil containment measures have temporarily stabilised the situation, but full risk mitigation will happen only on successful commencement of saturation diving to extract the remaining trapped fuel oil from the vessel, MSC Elsa 3.
Film folk are busy travelling: Avneet enjoys the night life in London... Soha does yoga in the Maldives... Ibrahim lives his F1 dream...
Seven rivers, including the Brahmaputra, were flowing above the danger level, even as the Regional Meteorological Centre (RMC) in Guwahati predicted heavy to very heavy rainfall at isolated places in the state.
'Take care Maa, flight take off karne wala hai, wapas aakar baat karti hoon.'
Hero MotoCorp Ltd (HMCL) has been the best-performing auto stock over the last three months, gaining over 17 per cent during this period. Multiple tailwinds, especially on the rural front, are expected to boost its volumes. In addition to the demand drivers, new launches too should help drive growth both in the commuter and premium motorcycle categories.
Passenger vehicle retail sales witnessed 3 per cent on-year decline in May with customers delaying purchases in several states due to India-Pakistan conflict and further softening of demand for entry-level models, dealers' body FADA said on Friday. The passenger vehicle registrations last month stood at 302,214 units, as compared to 311,908 units in May 2024.
India is planning to amend the Mines and Minerals (Development and Regulation) Amendment Act 2023 to specify the use of funds currently earmarked at 5,600 crore for exploring critical mineral mines overseas, according to a top official. The proposed amendments also aim to introduce a tailings policy and modify the royalty structure to facilitate the extraction of critical minerals from waste materials, the official added.
Bhavnagar was also one of the worst affected districts, they said, adding that more downpour is likely over the next four day in parts of the state.
'Deposit and lending rates have started to fall considerably. It is likely to spur investment and consumption of durables.'
With the prediction of an above normal monsoon in 2024, the government is expecting food prices to come down, the finance ministry's monthly economic report for March has said. The report, released on Thursday, said robust foreign inflows and comfortable trade deficits were expected to keep the rupee within a comfortable range. "Further easing of food prices is on the anvil as IMD (India Meteorological Department) has predicted above-normal rainfall during the monsoon season, which is likely to lead to higher production, assuming good spatial and temporal distribution of the rainfall," the monthly report, released by the Department of Economic Affairs, said.
