BUSINESS
Rupee opens marginally lower against US dollar
On Thursday, the RBI decided to maintain the current interest rate at 6.5%. RBI also adjusted the inflation projection for the fiscal year 2023-24 to 5.4% from the previous estimate of 5.1%.
TRENDS
Lil Tay is not dead: 14-year-old rapper says her Instagram was hacked
Lil Tay is alive. The 14-year-old internet star says her Instagram account was 'compromised by a 3rd party' and used to spread rumours about her death.
BUSINESS
Live: Indian equity markets poised for tepid start; rekindled concerns over inflation | Opening Bell
Indian equity markets set to open flat, in line with regional peers. Inflation worries have resurfaced in the domestic market after the RBI elevated its CPI forecast by 30 basis points to 5.4%, thereby increasing the chances of a protracted rate cut trajectory. Furthermore, the RBI’s move to control liquidity through incremental CRR has dented the sentiments of the banking sector. The stocks that should be on your radar include HCL Technologies, Hero Motocorp, Biocon, Prestige Estates, and Mazagon Dock Shipbuilders. Join Moneycontrol's Nickey Mirchandani in conversation with Kush Bohra (Technical) Founder, kushbohra.com, and Varun Lohchab (Head Of Research) - Institutional Equities - HDFC Securities.
INDIA
Parliament Monsoon Session Highlights: Rajya Sabha and Lok Sabha adjourned sine die
Parliament Monsoon Session Highlights: Lok Sabha Speaker Om Birla announced the adjournment of the House.
BUSINESS
News Highlights: India’s June IIP growth falls to 3.7%, lowest in 3 months
News Highlights: India’s June IIP growth falls to 3.7% from 5.3% in May.
BUSINESS
After laptops, tablets, Centre may impose import curbs on printers and cameras
The Centre has recently slapped a ban on imports of laptops, tablets and certain types of computers to restrict inbound shipments from countries such as China and Korea
BUSINESS
Live: Nifty extends losses on hawkish RBI; Will it reverse course? HCL Tech, Hero & LIC in focus
Nifty50 has managed to defend 19,500 but faced strong resistance at around 19,650 level, which is a crucial level to watch out for in coming sessions, as breaking decisively on either side on closing basis can give clear direction to the market. The index remained within previous day's range yesterday and finally closed 89 points lower at 19,543 after the MPC raised its full-year inflation forecast to 5.4% and announced incremental CRR of 10% for banks, while retaining repo rate at 6.5%. The index has been struggling to defend the 20-day moving average which is placed in the zone of 19630 – 19670. Wall street ended higher after softer than anticipated July CPI print. The Gift Nifty is hinting at a mildly positive start for the Indian market. Lots of stocks to watch out for today including Her Moto as it clocks a fourth straight quarter of margin expansion. Also in Focus will be HCL Tech, ONGC, Apollo Tyres, Nykaa and Mazagon Dock. Catch Nandita Khemka in conversation with Ajay Bagga, Market Expert and Raja Venkatraman, Co-founder - Neotrader and Trading Influencer.
PODCAST
Apollo Tyres, HeroMotoCorp, LIC and Mazagaon Dock Q1 results & more | Market Minutes
In this episode of Market Minutes, Sucheta Anchaliya talks about all the important factors to watch today, from LIC , Mazagaon Dock and HeroMotoCorp Q1 results to global market setup. Also, catch Tridib Pathak, Portfolio Manager, Avendus Olivo PMS in Voice of the Day segment. Market Minutes is a morning podcast that puts the spotlight on hot stocks, keys data points and developing trends.
BUSINESS
LIVE: US inflation rises in July | Air India new logo | Jailer hits theatres | Newspresso
Inflation in the United States rose in July to 3.2 percent after 12 straight months of decline, boosted by costlier housing. Bringing you updates from India, Air India Chairperson N Chandrasekaran unveiled a new logo, branding and plane livery for Air India as part of its multi-million dollar transformation of the former state-run carrier. California-based company Freshworks booked 2,200 tickets for Rajinikanth's 'Jailer'. CEO Girish Matrubhootam shared a tweet in which he said, "2,200 tickets 7 screens Freshworks employees only". To get ahead of what is happening across the globe, watch this edition of Newspresso with Nandita Khemka only on Moneycontrol.
TRENDS
Chandrayaan-3 captures the moon’s craters in stunning detail
The Indian Space Research Organisation (ISRO) has released a new image of the moon, taken by Chandrayaan-3, which shows the earth's satellite in stunning detail.
INDIA
Monsoon LIVE Update: Severe rainfall risk in Uttarakhand till August 13, subdued rain in other parts of India
Monsoon LIVE Update: In contrast, the IMD's projections point towards subdued rainfall patterns in Central, South India, and Western regions. This anticipated decrease in precipitation suggests a temporary relief from the recent spell of wet weather in these areas. However, it is advisable to stay informed about updates from the IMD and local authorities, as weather patterns can change rapidly.
INDIA
Morning Scan: All the big stories to get you started for the day
A round-up of top newspaper stories to keep you ahead of others.
MARKETS
Supreme Industries, REC surge on MSCI addition, ACC dropped from Global Standard Index
Supreme Industries, IDFC First Bank, and HDFC Asset Management Company (AMC) have also been included in the Global Standard Index.
BUSINESS
Moneycontrol Daily: Your Essential 7
A daily round-up of the most interesting articles to help jump-start the day.
BUSINESS
HCLTech bags $2.1-billion deal from Verizon, shares up
This is the first major deal win for HCLTech, after CEO and MD C Vijayakumar's comments on expecting a strong pipeline in the upcoming quarters following a disappointing Q1.
TRENDS
Today in AI: RBI may use AI for conversational UPI payments, Google says AI can mine online data, and more
Our daily TLDR of important AI stories you must know about.
BUSINESS
Mumbai Trans Harbour Link to open in few months; will change infra and real estate of Navi Mumbai: Eknath Shinde
The trans harbour link opening will be followed by the Navi Mumbai airport, which will bring a drastic change in the way the satellite city is looked at, Shinde said.
BUSINESS
Air India unveils new logo 'Vista', livery in rebranding push
Along with this, the airline will also be launching the new Air India website, mobile app, loyalty program etc phase-wise. It will also be launching an entirely new long-haul fleet by end of 2026.
BUSINESS
SAIL's Q1FY24 profit slides 73%, yet better than estimates
SAIL's other income for Q1FY24 stood at Rs 463.7 crore as compared to Rs 170.8 crore, up 2.7 times.
BUSINESS
Take a look at Air India's new brand identity that symbolises 'Window of Possibilities'
Travellers will begin to see the new logo throughout their journey starting December 2023, when Air India’s first Airbus A350 enters the fleet in the new livery.
BUSINESS
Lemon Tree Q1 results: Profit rises 103% to Rs 27.5 crore, revenue increases 16.8%
In the June quarter of FY24, the hotel chain reported occupancy at 70.2 percent, up from 65.1 percent in Q1 FY23.
TRENDS
Air India’s new logo is inspired by its gold window frame, signifies 'limitless possibilities'
Air India revamp: Flyers will see this logo on Air India's aircrafts from December 2023, when the airline's first Airbus A350 enters the fleet in the new livery.
TRENDS
Brothers aged 6 and 2 diagnosed with rare childhood dementia
Earlier this year, brothers-Michael, aged 6 and Oliver, aged 2 both living in Washington in the United States- were both diagnosed with Type 2 Battend disease in April and May, respectively.
BUSINESS
Moneycontrol Selects: Top stories this evening
Our specially curated package of the big stories to help you stay at the top of your game.
