Mining giant Vedanta Ltd on Wednesday reported a rise in production of aluminium, zinc, iron ore and steel in the June quarter.

However, the production of mined metal at overseas and oil and gas dropped during the quarter.

In a filing to the BSE, the company said the aluminium output grew 3 per cent to 5,96,000 tonnes in the first quarter over the year-ago period, Vedanta said in a filing to BSE.

India’s $5 trillion stock market stands to gain as much as 20 per cent for the entire year, buoyed by government spending and continued momentum in corporate earnings, according to market watchers.

The upcoming government budget will likely boost consumer spending and infrastructure building, which bode well for businesses, strategists and investors surveyed by Bloomberg said.

Presumptive Republican nominee Donald Trump has developed a six per cent lead over his Democratic rival incumbent Joe Biden with 80 per cent saying that the current White House occupant is too old to run for a second term, according to a latest poll by The Wall Street Journal.

The Wall Street Journal said Trump's lead over Biden in a two-person matchup, 48 per cent to 42 per cent is the widest in Journal surveys dating to late 2021 and compares with a 2-point lead in February.

The S&P BSE Sensex topped the 80,000-mark for the first-time ever in intraday trades on Wednesday, July 03, 2024, led by strong gains in banking shares, especially HDFC Bank that surged 4 per cent to Rs 1794 levels. The BSE benchmark index took just seven months to complete its journey from 70,000-mark to the 80,000-mark.

In the process, the BSE Sensex has gained 10.8 per cent so far this calendar year 2024. The index had surged as much as 7 per cent in June alone on the back of optimistic economic growth prospects post the Lok Sabha elections results.

The NEET-PG examination for admission to postgraduate medical courses is likely to be held this month, according to a report by NDTV. The announcement came after a meeting between the Ministry of Home Affairs and officials from the government’s anti-cybercrime body.

The question paper will be prepared two hours earlier, the report said. Originally scheduled for June 23, the NEET-PG exam was postponed just hours before its commencement due to allegations of irregularities, including leaked papers, in the undergraduate exam.

The death toll in the stampede at a religious congregation in Uttar Pradesh's Hathras has risen to 121, a senior official said on Wednesday.

According to the Office of the Relief Commissioner, the number of people injured in Tuesday's incident stands at 28.

Of the total fatalities, 19 are yet to be identified, it said.

The flood situation in Assam deteriorated drastically on Tuesday with three more people losing their lives and more than 11.3 lakh people reeling under the deluge across 23 districts, an official bulletin said.

According to the daily flood bulletin of the Assam State Disaster Management Authority (ASDMA), one person each died at Sadiya and Doomdooma revenue circles of Tinsukia district, while one person drowned at Jonai in Dhemaji district. With this, the total number of people losing their lives in this year's flood, landslides and storms increased to 48.

Cybersecurity researchers have revealed the alarming rise of investment scams in India peddled through social media messaging platforms such as Facebook, WhatsApp, Telegram, X, and others, in which fraudsters convince users to invest in crypto, stocks by promising assured returns, a new report showed on Tuesday.Since the beginning of 2024, the threat intelligence firm CloudSEK has identified a massive volume of malicious content on social media and messaging platforms.

Bernie Sanders describes President Joe Biden's recent debate performance as painful. In an interview, he says he's not confident that Biden can win this fall.

But the progressive senator from Vermont does not want Biden to step aside.

Instead, Sanders, who served as Biden's chief rival in the Democratic Party's 2020 nomination fight, is calling on voters to adopt a maturity as they view their options this fall.

US officials have approved another Alzheimer's drug that can modestly slow the disease, providing a new option for patients in the early stages of the incurable, memory-destroying ailment.

The Food and Drug Administration approved Eli Lilly's Kisunla on Tuesday for mild or early cases of dementia caused by Alzheimer's. It's only the second drug that's been convincingly shown to delay cognitive decline in patients, following last year's approval of a similar drug from Japanese drugmaker Eisai.

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