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Nifty trades above 11,000; banking, finance stocks surge
Nifty trades above 11,000; banking, finance stocks surge

Mumbai, The key Indian equity indices surged on Monday morning with the Nifty50 on the National Stock Exchange (NSE) rising above the 11,000-mark.

Healthy buying activity was witnessed in the banking and finance stocks. Both the S&P BSE Banking and Finance indices surged over 2 per cent.

Around

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IL&FS expects to address Rs 57,000 cr debt by end of FY21
IL&FS expects to address Rs 57,000 cr debt by end of FY21

New Delhi, The Board of IL&FS Group expects to address debt of about Rs 57,240 crore by the end of the financial year 2021. The revised estimate is well above the 50 per cent mark of the overall debt of over Rs 99,000 crore.

The aggregate value of debt being addressed is now estimated at over Rs 57,000 crore,

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TN signs eight investment MoUs for Rs 10,339 crore
TN signs eight investment MoUs for Rs 10,339 crore

Chennai, Tamil Nadu government on Monday signed eight Memorandums of Understanding (MoU) involving an industrial investment of about Rs 10,339 crore.

In a statement issued here, the government said eight MoU has been signed involving an investment of about Rs 10,399 crore with an employment potential for 13,507 pe

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Hiring outlook bleak for manufacturing sector: FICCI Survey
Hiring outlook bleak for manufacturing sector: FICCI Survey

New Delhi, The employment scenario that worsened amid the pandemic is unlikely to see a revival any time soon, as a survey by FICCI shows that most of the companies in the manufacturing sector, a major employer in the country, are unlikely to hire more workforce in the next three months.

The FICCI's Quarterly

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Despite Covid-19, India's food exports up 27% since March
Despite Covid-19, India's food exports up 27% since March

New Delhi, Despite economic turbulence due to Covid-19, India's overall food exports since March have increased 27 per cent.

According to the Trade Promotion Council of India (TPCI), the average growth of 27 per cent during the lockdown and the unlock period came on the back of high demand for food-based items

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Support industry before curbing imports: Toy makers to Centre
Support industry before curbing imports: Toy makers to Centre

Mumbai, Amidst the growing chorus of 'Vocal for Local' and 'Atmanirbhar Bharat', toy industry players have thrown light at the grim reality of Indian manufacturing in the segment.

The All India Toys Federation (AITF) in a statement said that the sector requires substantial government support to ram

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Russia's Covid-19 cases up 6,109 to 771,546
Russia's Covid-19 cases up 6,109 to 771,546

Moscow, Russia has registered 6,109 new Covid-19 cases in the last 24 hours, bringing its total to 771,546, the country's Covid-19 response centre said in a statement on Sunday.

Meanwhile, 95 new deaths were reported, bringing the nationwide count to 12,342, the statement said, Xinhua reported.

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World
Russia's UK envoy rejects Covid-19 vaccine hacking allegations
Russia's UK envoy rejects Covid-19 vaccine hacking allegations

London, Russia's ambassador to Britain has rejected claims that his country's intelligence service attempted to steal information about a Covid-19 vaccine.

In a BBC interview broadcast on Sunday, Andrei Kelin said that there was "no sense" in the allegations made by the UK, the US and Canada.

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Regional North
Ram Mandir: 40kg silver slab to be placed during 'bhumi pujan'
Ram Mandir: 40kg silver slab to be placed during 'bhumi pujan'

Ayodhya, A silver slab, weighing about 40 kilogram, will be placed in the sanctum sanctorum of the proposed grand Ram temple in Ayodhya during the 'bhoomi pujan' ceremony, scheduled to be held in the presence of Prime Minister Narendra Modi on August 5.

The three-day rituals will begin from August 3 and cu

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Delhi Dossier
How rain turned Delhi houses into swimming pools
How rain turned Delhi houses into swimming pools

New Delhi, On Sunday morning, Faiz, a resident of East Delhi's Noor Nagar, woke up to heavy rains and sounds of thunder only to see the water coming in to his house from everywhere.

Faiz, along with his 85-year-old grandmother, spent the next few hours throwing out the dirty water that filled inside his house.

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