HDFC Bank Q4 update: Advances jump 17% to Rs 16 lakh crore, deposits up 21%
According to the fourth quarter business update released by the bank, corporate and other wholesale loans jumped 12.5% in the period ending March 2023. Key Points
Economic TimesDomestic air travel now at 85% of pre-COVID level: IATA
International air traffic in 2022 climbed 152.7% versus 2021 to attain 62.2% of 2019 levels Key Points
The HinduUGC NET 2022 Result LIVE Updates: NTA to release score soon
UGC NET 2022 Result LIVE Updates: NTA conducted UGC-NET December 2022 in 83 subjects in five phases. Candidates who appeared in the exam can check the result at the official website - ugcnet.nta.nic.in Key Points
The Indian ExpressHDFC Bank records loan growth of 17 per cent at end of March
Commercial and rural banking loans grew around 30% over March 31, 2022 and about 9.5% compared to December 31, 2022. Key Points
FinancialexpressNifty playing peak-a-boo in the last 20 months as mid and smallcap stocks party
While the Nifty50 index has reached an all-time high in June 2023, the midcap and smallcap universes have outperformed the benchmark since the December 2022 peaks. Nifty Midcap-100 and Nifty Smallcap-100 are up 8% and 6% from the December 2022 peaks, respectively, indicating the market's preference for midcaps over largecaps. Although the markets are touching new highs, Nifty 50's market cap has not surpassed its December 2022 peak level of Rs 150.5 lakh crore, while Nifty Midcap 100's market cap is up 7% from its October 2021 peak to Rs 37.5 lakh crore, and Nifty Smallcap 100 is up 21% to Rs 13 lakh crore from its December 2022 market peak. Key Points
Economic Times
Amazon CEO Andy Jassy got total pay of Rs 10 crore in 2022, 99 per cent less than what he got in 2021
According to the company's annual proxy statement filing, the executive got a total pay of $1.3 million (around Rs 10 crore) in 2022. This is a 99 percent drop from the total $212,701,169 income that he received back in 2022. Key Points
India TodayU.S. FAA closes probe of Blue Origin's 2022 rocket mishap, requires engine redesign
The U.S. Federal Aviation Administration on Wednesday said it has closed a probe into Blue Origin's 2022 New Shepard rocket failure, forcing a redesign of the vehicle's engine and other fixes before the company can resume its suborbital launch business. Key Points
ReutersSSC JE Admit Card 2022 for Paper 2 exam released, download link here
SSC JE Admit Card 2022 for Paper 2 exam has been released. Candidates can download the admit card through the direct links given below. | Competitive Exams Key Points
Hindustan TimesNCRB data shows UAPA cases increased by 23% in 2022, while those under ‘sedition’ down by nearly 75%
Overall crimes against state have gone up to 5,610 cases in 2022 from 5,164 in 2021, but UAPA numbers are much higher. Punjab & Haryana have seen a significant rise in UAPA cases. Key Points
ThePrintUPSC Civil Services Exam Result 2022 Live: Ishita Kishore secures AIR 1, women clinch top 4 ranks
UPSC CSE 2022 Final Result Live Updates: Candidates who appeared in the personality test can check their results at the official website - upsc.gov.in Key Points
The Indian Express
World's glaciers melted at dramatic speed in 2022, saving them a lost cause: UN
Sea levels are at a record high, having risen by an average of 4.62 millimetres per year between 2013 and 2022 -- double the rate it was between 1993 and 2002. | World News Key Points
Hindustan TimesFPIs buying into these mid-caps, analysts see up to 50% upside
For instance, the FPI holding in construction firm NCC has increased from 8.89% in March 2022 to 19.96% in March 2023. According to Bloomberg analyst consensus estimates, the stock can yield nearly 15% in a year. Key Points
Economic TimesByju’s versus BCCI; Nazara’s fundraise
The company noted that the case contained both law and fact, which could only be settled via arbitration. Counsel for the BCCI, however, denied any negotiations and sought more time to consult with the Board. Key Points
Economic TimesIndian FinTech startups raise $1.2 billion in first quarter of 2023: report
Among Indian cities, FinTech companies in Bengaluru takes the lead, raising $796 million in the first quarter of 2023. This was followed by Mumbai and Gurugram, which raised $222 million and $151 million respectively. Key Points
The HinduTNTET Result 2022 for Paper II declared at trb.tn.nic.in, direct link here
TNTET Result 2022 for Paper II has been declared. Candidates can check the result through the direct link given below. Key Points
Hindustan Times
‘Let that sink in’: Zerodha CEO Nikhil Kamath on India’s growing internet user base
Internet user base has seen an exponential growth over the past few years, thanks to Jio. The Mukesh Ambani-owned telecom service was launched in 2016. Key Points
mint12 times celebrities talked about removing their implants and fillers
Blac Chyna shared an Instagram video of her doctor dissolving her facial fillers on Thursday. "It's time for a change," she said. Key Points
InsiderAt 27% of global TB cases, India continues to carry highest burden, shows latest WHO report
The report, released Tuesday, says incidence of disease in India was 199/lakh population in 2022. It also said globally, pandemic & ongoing conflicts caused disruptions to diagnosis. Key Points
ThePrintIranian gets death penalty for adultery
Tehran: An Iranian court has sentenced a woman to death for adultery, the state media said. The woman worked as a trainer in a gym for women. It said her husband contacted the police in 2022 when he found her with another man at their house. Under Iranian law, she can appeal and courts can reduce de Key Points
The Tribune IndiaNIIF looks to sell over $1 billion worth of maiden roads portfolio
The key among these are two highways in Jammu and Kashmir acquired separately by the fund in 2022. The 16.3-kilometre Qazigund Banihal Expressway was acquired from Navayuga Engineering in July 2022 for $380 million (Rs 3,163 crore). Meanwhile, the 64.5-kilometre Jammu Udhampur Highway was acquired by Athaang in August 2022 from Shapoorji Pallonji Group for $290 million (Rs 2,414 crore). Key Points
Economic Times
In parliament: Over 2.4L surrendered passports in past 8 yrs
As many as 2,46,580 persons surrendered passports from 2014 to 2022 across India, with Delhi registering the maximum 60,414, according to data provided by the Central Government in Rajya Sabha. In Punjab, 28,117 persons surrendered passports during the period. Key Points
The Tribune IndiaWorld can end AIDS by 2030, says UN agency
The number of people on antiretroviral treatment worldwide rose almost fourfold, from 7.7 million in 2010 to 29.8 million in 2022. HIV treatment averted almost 21 million AIDS-related deaths between 1996 and 2022 | World News Key Points
Hindustan TimesUK unemployment edges up but pay growth beats forecasts
The Office for National Statistics said the unemployment rate rose to 3.8% - its highest since the second quarter of 2022 - rather than holding at 3.7%, as forecast by economists in a Reuters poll. Key Points
FinancialexpressMorgan Stanley CEO's total pay rose 13% to $39.4 mln in 2022
Morgan Stanley Chief Executive James Gorman's total compensation rose nearly 13% to $39.4 million in 2022 versus a year earlier, according to a filing Thursday. Key Points
ReutersThese 6 Indian startups are among world's top 100 unicorns
Data shows that while the number of unicorns globally increased to 1,204 in 2022 from 959 in 2021, the cumulative valuation of new unicorns decreased to $556.6 billion in 2022 to $1,159.8 billion in the previous year Key Points
Economic Times
SSC announces full schedule for CGL exam (tier 2) 2022
SSC CGL Exam (Tier-2) 2022: The candidates who have qualified tier 1 and will be appearing for tier 2 can check the dates at the official website— ssc.nic.in. Key Points
The Indian ExpressAir cargo demand continued to surge despite economic uncertainties: IATA
International Business News: IATA reported that air cargo demand rebounded in 2023, reaching a level just slightly below 2022 and 2019. The capacity also increased in 2023. Decemb Key Points
Times Of India‘Yeh hai Aam Aadmi’: BJP jabs Kejriwal on RTI over work at Delhi CM's house
Responding to the application, the RTI stated, “Total expenditure incurred during the period from 2015 to 2022 is Rs. 295635074/- for Civil works only.” | Latest News India Key Points
Hindustan TimesNIA raids in Karnataka in connection with PFI 'plot to kill PM Modi'
Enforcement Directorate (ED), last year in its remand note against PFI member Shafeeque Payeth, had said that the PFI had conspired to target PM Modi during his visit to Patna on July 12, 2022. The NIA raids are in connection with the conspiracy. Key Points
India TodayForeign portfolio investment in Indian equities drop 11% to USD 542 bn in Jan-Mar quarter
The decline led to FPIs' contribution to Indian equity market capitalization falling to 17.3 per cent during the year under review from 17.8 per cent for March 2022. Key Points
Financialexpress
Number of ultra-high-net-worth individuals in India to rise 58% in 5 yrs: Report
Number of ultra-high-net-worth individuals in India, having net worth of over $30 million, fell 7.5 per cent last year to 12,069 but will rise to 19,119 in the next five years, according to Knight Frank. Key Points
The Indian ExpressAmnesty: Executions worldwide increased by 53% in 2022, rose in Iran, Saudi Arabia
Amnesty said 70% of the executions in the Middle East and North Africa were carried out in Iran, where their numbers rose by 83% from 314 in 2021 to 576 in 2022. The number of executions in Saudi Arabia tripled from 65 in 2021 to 196 in 2022. Key Points
Economic TimesIndia’s workforce to see consistent hiring in 2023 despite economic uncertainties: Survey
2022 saw the markets rebound across the region, showing a positive sentiment for future growth. However, establishing the right talent attraction and retention strategies will be critical. The workforce outlook for 2023 showcases a high employee turnover rate despite unprecedented uncertainty brought about by the pandemic. Key Points
Economic TimesOver $5 billion in 15 days! FIIs post record fortnightly buying in Indian equities
Lower U.S. bond yields on expectation of interest rate cuts by the Federal Reserve, the Reserve Bank of India raising India's growth forecast, and state election results setting the stage for policy continuity in 2024 have spurred buying, analysts said. Key Points
Economic TimesOnly 85.9 lakh tourists visited India in 2022, way below pre-Covid levels, Union Minister informs Lok Sabha
Foreign tourist arrivals in India are yet to reach the pre-pandemic levels as only 85.9 lakh of them visited the country in 2022 as against 2.88 crore in 2018 and 3.14 crore in 2019, according to government data Key Points
Firstpost
DPCC recruiting for AEE vacancies, UPSC ESE non-recommended candidates can apply
Non-recommended candidates of the Engineering Service Examination (ESE) 2022 can apply for it on dpcc.delhigovt.nic.in. Key Points
Hindustan TimesSC defers hearing on pleas for reconsideration of 2022 PMLA verdict that upheld ED's power to arrest
The Supreme Court has adjourned the hearing on pleas seeking reconsideration of its July 27, 2022 verdict, which upheld the Enforcement Directorate's powers under the Prevention of Money Laundering Act (PMLA). The court deferred the hearing for eight weeks after Solicitor General Tushar Mehta requested time to address the arguments raised by the petitioners. Key Points
Economic TimesTesla to build 25,000-euro car in Germany - source
Tesla (TSLA.O) plans to build a 25,000-euro ($26,838) car at its factory near Berlin, a source with knowledge of the matter said on Monday, in a long-awaited development for the electric vehicle maker which is aiming for mass uptake of its cars. Key Points
ReutersCaixabank's Q3 net profit rises 70% on higher lending income
Spain's Caixabank (CABK.MC) said on Friday its net profit rose 70% in the third quarter from the same period in 2022 as higher interest rates boosted lending income despite a decline of its loan portfolio. Key Points
ReutersHaryana coach who filed FIR against minister Sandeep Singh suspended
The Haryana sports department has suspended a woman junior athletic coach who accused a state minister and former captain of the Indian hockey team of sexual misconduct. The coach filed an FIR in December 2022 and insists her suspension is because she refuses to settle the case. The suspension order does not provide a reason for the action. The minister has dismissed the accusations as false, and the investigation is ongoing. | Latest News India Key Points
Hindustan Times
SSC CHSL Final Result 2022 released at ssc.nic.in, direct link here
SSC CHSL Final Result 2022 has been declared. Candidates can check the results through the direct link given below. Key Points
Hindustan TimesOdisha collects OGST, IGST settlement of Rs 1732.49 crore during June 2023
Bhubaneswar (Odisha) [India], July 2 (ANI): Odisha has recorded a growth of 25.13 per cent with mop-up of OGST and IGST Settlement of Rs. 1732.49 Cr during June 2023. As per the Commissionerate of CT and GST Government of Odisha, “The State has collected OGST and IGST Settlement to the tune of Rs 1732.49 Cr […] Key Points
ThePrint