- S&P Global Construction PMI for France, Germany, Italy, and the Eurozone
- Eurozone PPI Data
- S&P Global Services PMI for the US and Canada
- Gross Fixed Investment Data from Mexico
- Retail Sales Data in the Eurozone
- Rains in Maharashtra: Landslides disrupt rail services near Lonavala; 16 outstation trains cancelled
Intense rainfall caused landslides in two areas of railway sections close to Lonavala in Maharashtra, leading to the cancellation of outstation train services on Monday, July 6. Landslides occurred near Thakurwadi on the ghat section between Karjat and Lonavala and between Khandala and Monkey Hill, according to Central Railway representatives speaking to CNBC-TV18.
HDFC Bank
- Nasdaq futures climb 400 points following chip market sell-off, strong truncated trading week
Mark Newton from Fundstrat noted that sectors like financials, healthcare, and industrials reached all-time highs last week, compensating for the struggles faced by chipmakers. He predicts the S&P 500 will reach 8,000 by mid-August, indicating a 7% gain in just over a month.
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- Neymar hints at Brazil retirement after stunning FIFA World Cup exit to Norway
Neymar has hinted that he may have played his last match for Brazil after scoring in their defeat against Norway in the World Cup round of 16 on Sunday. In a brief conversation with Bruno Formiga, a pundit from the Brazilian channel ge tv, Neymar suggested that his time with the national team was over.
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- Amit Shah initiates ‘zero coal leakage plan’ to combat illegal mining and coal theft in Jharkhand
Union Home Minister Amit Shah expressed concern over the escalating illegal coal mining and theft issues in Dhanbad and surroundings on Sunday, July 5, directing authorities to implement a “Zero Coal Leakage Plan” and enhance security measures to tackle these problems.
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- HDFC Bank on the radar after Q1 reports strongest loan growth in five quarters
Shares of HDFC Bank Ltd. are expected to attract attention on Monday, July 6, after the private-sector bank published a robust June-quarter business update, with loan and deposit growth surpassing market expectations.
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- Following E20 petrol, India aims for 15% isobutanol blend in diesel: Nitin Gadkari
India is gearing up for the next phase of its biofuel journey, planning to introduce up to 15% isobutanol blending in diesel, as stated by Union Road Transport and Highways Minister Nitin Gadkari, who laid out a strategy to reduce dependence on fossil fuel imports.
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- Record Date Alert: 15 companies set for corporate actions including dividends and bonuses this week
More than 15 stocks, including several Nifty 50 members like Titan, Hindalco, JSW Steel, and Sun Pharma, are approaching record dates for various corporate actions announced earlier. While most actions concern final dividend declarations, some include bonus issues as well.
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- What the ‘X’ on the last coach of Indian Railways trains signifies
You may have noticed a large white or yellow ‘X’ on the back of the last train coach countless times. But have you ever questioned its significance? Many passengers overlook it, while others think it’s merely a railway marking. In truth, the ‘X’ serves a critical function.
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- In Pictures: Funeral of Ayatollah Ali Khamenei draws massive crowds, attended by top Iranian leaders
Hundreds of thousands of mourners congregated in Tehran as Iran conducted funeral prayers for the late Supreme Leader Ayatollah Ali Khamenei. The ceremony saw attendance from high-ranking Iranian leaders as well as members of Khamenei’s family. Concurrently, the absence of the newly appointed Supreme Leader Ayatollah Mojtaba Khamenei was noted.
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- British music company Virtuoso Music ventures into South Asia with India launch
British music firm Virtuoso Music has officially launched its operations in India, marking its entry into the South Asian market. The company stated that it would work under an integrated model encompassing original music creation, rights management, artist development, and distribution.
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- AI Update: AI job growth persists despite IT hiring slowdown; Samsung profit expected to soar 18-fold
In June, AI hiring within India’s IT sector grew by 16% year-on-year while overall IT recruitment decreased by 3%, as per Naukri’s JobSpeak report, highlighting sustained investments in AI talent, as noted by Info Edge CEO Hitesh Oberoi. Separately, the Indian government has initiated an investigation into the Tata Electronics data breach involving Apple-related information.
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