UPI Transactions Soar to ₹20.64 Lakh Crore in July, Marking 35% Year-on-Year Growth

August 1, 2024 7:24 PM August 1, 2024 7:24 PM

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UPI Transactions Soar to ₹20.64 Lakh Crore in July, Marking 35% Year-on-Year Growth

The Unified Payments Interface (UPI)-based transactions surged in the month of July, reaching Rs 20.64 lakh crore, shows the data released by the National Payments Corporation of India (NPCI) today. The report further reads that the UPI transactions have surged 35 per cent year on year.   &nbsp...

Brent & WTI Crude Prices Rise Nearly 0.5% in Global Market

August 1, 2024 7:21 PM August 1, 2024 7:21 PM

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Brent & WTI Crude Prices Rise Nearly 0.5% in Global Market

Brent and WTI crude is trading nearly half a per cent up in the global crude market today. Brent crude increased 0.53 per cent to 81 dollars and 27 cents per barrel. The U.S. West Texas Intermediate (WTI) is up by 0.5 per cent, to 78 dollars and 30 cents per barrel, when reports last came in.      

Fiscal Deficit Declined to 8.1% of Full-Year Estimate in First Quarter

August 1, 2024 7:20 PM August 1, 2024 7:20 PM

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Fiscal Deficit Declined to 8.1% of Full-Year Estimate in First Quarter

The data released by the Ministry of Finance yesterday showed that the centre’s fiscal deficit declined to 8.1 per cent of the full-year estimate in the first quarter of the current financial year, compared with the corresponding quarter of the previous year.     The increase in tax collec...

Sensex & Nifty Hit Record Highs as BSE Sensex Reaches 81,868 & NSE Nifty Hits 25,011

August 1, 2024 7:17 PM August 1, 2024 7:17 PM

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Sensex & Nifty Hit Record Highs as BSE Sensex Reaches 81,868 & NSE Nifty Hits 25,011

Sensex and Nifty hit their record highs today, driven by the expectation of a possible Fed interest cut in September. The BSE Sensex added 126 points, or 0.15 per cent, to close at 81,868. The NSE Nifty added 60 points, or 0.24 per cent, to close at 25,011. The Nifty crossed 25000 points for the fir...

S&P 500 & Nasdaq Record Biggest Gains Since February 2022 

August 1, 2024 5:51 PM August 1, 2024 5:51 PM

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S&P 500 & Nasdaq Record Biggest Gains Since February 2022 

The S&P 500 and Nasdaq scored their biggest daily percentage gains since February 2022, and the Dow Jones rose on Wednesday as chip stocks rallied and the Federal Reserve kept U.S. interest rates unchanged while signalling possible easing in September if inflation cools.     Nasdaq jum...

Bihar: Lightning Strikes Claim 10 Lives; CM Nitish Kumar Expresses Grief 

August 1, 2024 5:45 PM August 1, 2024 5:45 PM

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Bihar: Lightning Strikes Claim 10 Lives; CM Nitish Kumar Expresses Grief 

In Bihar, at least 10 people lost their lives due to lightning strikes in the last 24 hours. In Gaya, a maximum of five casualties have been reported followed by three deaths in Jehanabad and two in Rohtas district.   The majority of the casualties occurred when lightning struck people working ...

Israel Confirms Death of Hamas Military Chief Mohammed Deif in Airstrike  

August 1, 2024 5:36 PM August 1, 2024 5:36 PM

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Israel Confirms Death of Hamas Military Chief Mohammed Deif in Airstrike  

Israel's army today confirmed that the head of the Hamas military, Mohammed Deif, was killed in its air strike in southern Gaza last month. The Israel Defence Forces, following an intelligence assessment, said in a statement that on the 13th of last month, Deif was targeted in a strike in the Khan Y...