Latest Breaking News Today Highlights, July 15, 2024: Welcome to Financial Express latest news live blog where you can stay tuned for real-time coverage of major news updates, headlines, and breaking stories from India and around the globe, tracking the latest developments on significant events happening on July 15, 2024, across politics, economics, technology, and international affairs, providing you with the most current news updates as they unfold, keeping you refreshed with the latest developments and breaking stories, all conveniently available in one place.
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Latest News Today, India News Live, Top Breaking News Today Highlights July 15, 2024
23:27 (IST) 15 Jul 2024
Latest News Live Updates, July 15, 2024: Bengal govt reinstates Rajeev Kumar as DGP
The West Bengal government on Monday reinstated Rajeev Kumar as the Director General of Police (DGP), replacing Sanjoy Mukherjee, an official statement said. Additionally, Kumar will continue in his current role as the Additional Chief Secretary in the department of Information Technology and Electronics.
Mukherjee has been appointed as the new DGP of the Fire and Emergency Services. Ahead of the Lok Sabha elections, the Election Commission (EC) initially appointed Vivek Sahay as the DGP on March 18, replacing Kumar.
(PTI)
22:45 (IST) 15 Jul 2024
Latest News Live Updates, July 15, 2024: Trial run of Delhi govt’s mohalla bus service kicks off
The trial run of the Delhi government’s mohalla bus service commenced on Monday on two routes and will continue for a week, Transport Minister Kailash Gahlot said.
At a press conference, he said there will be 2,080 buses under the scheme and the government plans to introduce all by 2025. Of these, 1,040 will be operated by the DTC and the rest by DIMTS, the minister said. The fare will be the same as AC buses of the Delhi government and women can avail free rides using Pink passes.
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21:55 (IST) 15 Jul 2024
Latest News Live Updates, July 15, 2024: India raises windfall tax on petroleum crude
The Indian government has raised the windfall tax on petroleum crude to 7,000 rupees ($83.78) per metric ton from 6,000 rupees per metric ton, effective from July 16, a notification issued on Monday showed.
(Reuters)
21:08 (IST) 15 Jul 2024
Latest News Live Updates, July 15, 2024: Birla Estates acquires 5-acre land in Gurugram worth Rs 1,400 crore
Realty firm Birla Estates has acquired a 5-acre land in Gurugram to develop a housing project with an estimated revenue potential of more than Rs 1,400 crore.
In a regulatory filing on Monday, Centure Textiles informed that Birla Estates will expand its footprint in the national capital region (NCR) with a strategic land acquisition in Sector 71, Gurugram. “This 5-acre parcel offers a development potential of around 10 lakh square feet and is expected to generate revenue of over INR 1400+ crore with aesthetically designed residences,” it said.
(PTI)
20:23 (IST) 15 Jul 2024
Latest News Live Updates, July 15, 2024: India Post GDS Recruitment 2024
The Department of Communications has opened the online application process for 44,228 Gramin Dak Sevak (GDS) positions in India Post. Candidates interested in applying for the Branch Postmaster (BPM), Assistant Branch Postmaster (ABPM), or Dak Sevak posts can do so at indiapostgdsonline.gov.in. The application deadline is August 5.
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19:34 (IST) 15 Jul 2024
Latest News Live Updates, July 15, 2024: Jio Financial Q1 Results
Jio Financial Services reported its fiscal first quarter earnings on Monday. The company made Rs 312.63 crore in profit, which is 5.8 per cent less than what it made in the same period of FY24, that is Rs 311.92 crore. It reported operating revenue of Rs 417.82 crore, which was somewhat more than the Rs 414.13 crore recorded in the first quarter of FY24.
18:53 (IST) 15 Jul 2024
Latest News Live Updates, July 15, 2024: Maharashtra govt to recommend fresh names of 12 MLCs under governor’s quota Mumbai
The Mahayuti government in Maharashtra is planning to give a fresh push for the nomination of 12 members to the legislative council from the governor’s quota as a list provided by the previous MVA dispensation never got the gubernatorial nod when B S Koshyari was in the office. The posts of 12 MLCs have remained vacant for more than four years. On November 6, 2020, the Uddhav Thackeray-led government sent a list of 12 candidates to Koshyari who was holding the office of the governor, however, he never approved the names till he resigned in February 2021.
(PTI)
18:17 (IST) 15 Jul 2024
Latest News Live Updates, July 15, 2024: Central Bank asks lenders to hear loan defaulters before declaring accounts ‘fraud’
The central bank of India on Monday asked lenders to give defaulting borrowers enough time to respond before they are classified as fraud accounts, following a judgment by the country’s top court.
Banks will now have to issue a show-cause notice to fraudulent entities, with complete details of the fraud, the Reserve Bank of India said in a release. A reasonable time of not less than 21 days should be provided to such persons or entities to respond to the show-cause notice, it added.
The amendment to current rules incorporates a Supreme Court judgment in March last year that banks cannot unilaterally declare an account as fraud without providing the defaulter the right to be heard.
Under the revised directions, banks are required to have a framework for Early Warning Signals and the so-called Red Flagging of Accounts, where suspicion of fraudulent activity is thrown up by the presence of one or more indicators under the overall risk management policy.
(Reuters)
17:24 (IST) 15 Jul 2024
Latest News Live Updates, July 15, 2024: Adani-Hindenburg Case
The Supreme Court on Monday dismissed a plea seeking to review the verdict that had sought investigation by the market watchdog SEBI in the Adani-Hindenburg case.
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16:53 (IST) 15 Jul 2024
Latest News Live Updates, July 15, 2024: HUL sells Pureit!
Hindustan Unilever Limited (HUL) on Monday announced that it has signed an agreement for the sale of its Pureit business in India. In a regulatory filing, HUL said that the business is being sold to A.O. Smith, a global water technology company.
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16:33 (IST) 15 Jul 2024
Latest News Live Updates, July 15, 2024: Broadcom to trade on split-adjusted basis today
Investing Abroad Latest: Broadcom Inc. (Nasdaq: AVGO), a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, had announced the 10-for-one stock split.
Today, the stock which closed at $1700 on Friday, is to trade on a split-adjusted basis.
To know what is a stock split, how it impacts shareholders and more, read our story.
Read More: Broadcom stock crashes to $170! Here’s why AVGO is down by 90% from Friday’s close
16:25 (IST) 15 Jul 2024
Latest News Live Updates, July 15, 2024: Delhi excise policy case
Delhi court has extended the judicial custody of Aam Aadmi Party (AAP) leader and former Deputy Chief Minister Manish Sisodia until July 22 in a money laundering case linked to the alleged excise policy scam. Special Judge for CBI and ED Kaveri Baweja extended Sisodia’s custody after he was produced before the court via video conference upon the expiry of his judicial custody.
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15:58 (IST) 15 Jul 2024
Latest News Live Updates, July 15, 2024: Markets start the week on positive note!
The benchmark equity indices ended Monday’s trading session in the positive territory. The NSE Nifty 50 gained 84.35 points or 0.34% to settle at 24,586.50, while the BSE Sensex jumped 145.51 points or 0.18% to 80,664.86. Bank Nifty index ended higher by 177 points or 0.34% to settle at 52,445.90.
ONGC, SBI Life Insurance, Shriram Finance, State Bank Of India, and Bajaj Auto were the top gainers on the NSE Nifty 50, while the laggards include LTIMindtree, Asian Paints, Grasim, Tata Steel, and Axis Bank.
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15:19 (IST) 15 Jul 2024
Latest News Live Updates, July 15, 2024: Udhampur will transform into biggest railway junction in future, says Jitendra Singh
Union Minister of State Jitendra Singh has declared that Udhampur railway station will become a major junction. He has also informed that it has been chosen under the Adarsh station scheme and will be inaugurated by Prime Minister Narendra Modi.
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14:33 (IST) 15 Jul 2024
Latest News Live Updates, July 15, 2024: Merchandise exports rise to $35.2 billion in June
In June, India’s merchandise exports climbed to $35.2 billion from $34.32 billion a year earlier, driven by higher shipments of engineering goods and commercial vehicles, according to data released by the Commerce Ministry on Monday. Concurrently, merchandise imports in Asia’s third-largest economy increased to $56.18 billion during the same period.
14:19 (IST) 15 Jul 2024
Latest News Live Updates, July 15, 2024: Burberry shares sink on London stock exchange
Burberry’s stock listed on the London Stock Exchange is down 14%, and is now down over 60% in the last 12 months.
Joshua Schulman was appointed as Burberry’s new CEO on Monday, the British luxury business announced. Burberry had already issued a profit warning and decided not to pay dividends this year.
Joshua will succeed Jonathan Akeroyd, who was fired after just two years in the position, to become Burberry’s fourth CEO in ten years.
Joshua was previously CEO of American fashion brands Michael Kors (2021-2022) and Coach where he also served as Brand President (2017-2020). Joshua will join Burberry on 17 July 2024 and be based at the Company’s headquarters in London. He will lead the Executive Committee and report to Burberry Chair Gerry Murphy and the Board of Directors.
For more global market updates keep visiting Investing Abroad
14:00 (IST) 15 Jul 2024
Latest News Live Updates, July 15, 2024: US visa bulletin for August released
Investing Abroad Latest: The August 2024 visa bulletin has been made public by the US Department of State.
The Final Action dates for approving an application for a change of status or issuing an immigrant visa are listed in the State Department’s August Visa Bulletin.
Foreigners looking to settle in America or work in US get to know the final action dates to file the applications for EB-2, EB-3 or EB-5 investor visa categories.
Read More: US visa bulletin for August with final action dates for EB-5 investors released
13:55 (IST) 15 Jul 2024
Latest News Live Updates, July 15, 2024: All eyes on Fed Chair Powell interview today
Investing Abroad Latest: Investors are anticipating the US Federal Reserve’s first rate cut since US inflation is heading downward.
Global liquidity is significantly impacted by the US economy and the monetary policy of the largest central bank in the world.
This has an impact on markets all across the world, particularly rising economies like India.
David Rubenstein, a well-known investor and philanthropist, will interview Fed Chair Powell today at the esteemed Economic Club of Washington, DC.
Powell’s views before the upcoming Fed FOMC meeting, which is set for July 30-31, will be intriguing to watch.
Read More: Fed Chair Powell to face most anticipated interview with David Rubenstein at the Economic Club of Washington today
13:11 (IST) 15 Jul 2024
Latest News Live Updates, July 15, 2024: Godfrey Philips shares rise 18% intraday
The stock of Godfrey Philips rallied 18% to touch a fresh 52-week high of Rs 4,789.85. The upper circuit for the stock is at Rs 4,868.50 or 20% of the previous close. The company closed at a price of Rs 4,057.10 in its last trading session. The company’s 52-week low is Rs 1,620, which it touched on July 21, 2023.
Read more: Stock Market Live: Markets higher! Nifty above 24,500, Sensex up 100 points; Nifty Midcap 100 erase opening gains
13:08 (IST) 15 Jul 2024
Latest News Live Updates, July 15, 2024: Waterlogging, traffic snarls in Delhi
Monday morning posed challenges for Delhi commuters who navigated waterlogged roads due to recent rains in various parts of the city. Responding to the situation, Delhi Police issued a traffic advisory highlighting waterlogging at Chaudhary Fateh Singh Marg. The advisory recommended diversions from Mall Road signal to Burari via Khyber Pass, Majnu ka Tila, and Wazirabad flyover to ease traffic flow. Read more
12:36 (IST) 15 Jul 2024
Latest News Live Updates, July 15, 2024: Delhi BJP stages protests
On Monday, BJP leaders and workers staged protests outside power distribution company offices throughout Delhi, denouncing what they termed as escalating electricity bills. They specifically called for the rollback of increased Power Purchase Adjustment Charges (PPAC). Delhi BJP president Virendra Sachdeva emphasized that consumers were struggling with the additional financial burden imposed by these charges, making it challenging for them to manage their electricity expenses.
12:25 (IST) 15 Jul 2024
Latest News Live Updates, July 15, 2024: Global childhood immunisation coverage declines; 14.5 million children across the world missed out
The latest WHO and UNICEF estimates of national immunization coverage (WUENIC) has revealed that 14.5 million children across the world missed out on any vaccination in 2023.
Read more: Global childhood immunisation coverage declines; India accounts for 2 million zero-dose children
11:58 (IST) 15 Jul 2024
Latest News Live Updates, July 15, 2024: Zomato shares rise on platform fees revision
Zomato shares rose over 3% to reache a fresh high of Rs 232 on July 15. The surge in the stock came a day after the company announced an increase in its platform fee to Rs 6 from Rs 5. The revised fees, effective in specific markets across Delhi and Bengaluru, are anticipated to moderately boost the company’s profitability.
Read more: Stock Market Live: Markets higher! Nifty above 24,500, Sensex up 100 points; Nifty Midcap 100 erase opening gains
11:50 (IST) 15 Jul 2024
Latest News Live Updates, July 15, 2024: How is Namo Bharat different from metro and conventional Railways?
The Delhi-Ghaziabad-Meerut Regional Rapid Transit System (RRTS), part of the “Namo Bharat” initiative, marks a significant advancement in regional transportation within the National Capital Region (NCR). Unlike traditional metro systems focused on urban intra-city travel, the RRTS is designed to connect regional nodes across the NCR, offering efficient, high-speed transit over longer distances with fewer stops. Operating at speeds up to 160 km/hour, with a design capability of 180 km/hour, the RRTS aims to dramatically reduce travel times and enhance commuter convenience. Read more
11:02 (IST) 15 Jul 2024
Latest News Live Updates, July 15, 2024: Vikram Misri assumed charge as foreign secretary today
Vikram Misri assumed charge as Foreign Secretary on July 15. “Team MEA extends a warm welcome to Foreign Secretary Misri and wishes him a successful tenure ahead,” tweeted MEA Spokesperson Randhir Jaiswal. He succeeds Vinay Kwatra, with the government’s announcement last week surprising many due to the distinctive aspects of Misri’s career and expertise.
Shri Vikram Misri assumed charge as Foreign Secretary today. #teammea extends a warm welcome to Foreign Secretary Misri and wishes him a successful tenure ahead. pic.twitter.com/5JnjYb8hq7
— Randhir Jaiswal (@MEAIndia) July 15, 2024
10:59 (IST) 15 Jul 2024
Latest News Live Updates, July 15, 2024: Over 5.31 lakh Android phone users download ‘Metro Ride Kolkata’ app
More than 5.31 lakh users of Android phones have downloaded the ‘Metro Ride Kolkata App’ since its release. Additionally, a spokesperson from Metro Railway mentioned that 9,000 iOS users have also downloaded the app since its launch on the iOS platform on March 22, 2024. Read more
10:58 (IST) 15 Jul 2024
Latest News Live Updates, July 15, 2024: Fire in Gorakhpur-bound train near Mumbai
Railway officials reported that a coach of the Lokmanya Tilak Terminus-Gorakhpur Express caught fire near its wheels due to brake binding in Thane district, Maharashtra, adjacent to Mumbai, on Monday morning. The fire was promptly extinguished, and all passengers were confirmed to be safe, according to an official statement. The Gorakhpur-bound train was halted near Thakurli station (in Thane district) around 6:30 am due to brake binding in the S-8 coach, as informed by a spokesperson from Central Railway (CR).
10:25 (IST) 15 Jul 2024
Latest News Live Updates, July 15, 2024: Truck hits bus on expressway in Gujarat
Police reported a tragic incident early Monday morning on the Ahmedabad-Vadodara Expressway near Anand town in Gujarat, where six individuals lost their lives and over six others sustained injuries. The accident occurred around 4:30 am near Chikhodra village in Anand district when a speeding truck collided with a stationary luxury bus heading towards Ahmedabad. The bus had stopped on the roadside due to a burst tyre, according to an official from Anand Rural police station.
10:21 (IST) 15 Jul 2024
Latest News Live Updates, July 15, 2024: Train services hit on Konkan Railway route
Train services on the Konkan Railway route were disrupted on Sunday evening (July 14) due to a landslide caused by heavy rains in Raigad and Ratnagiri districts of Maharashtra, according to an official statement. The landslide occurred outside a tunnel between Vinhere (Raigad) and Divan Khawati (Ratnagiri) stations around 5 pm. Read more
09:42 (IST) 15 Jul 2024
Latest News Live Updates, July 15, 2024: CLAT 2025 registrations begins today
The registration process for the Common Law Admission Test (CLAT) 2025 conducted by the Consortium of National Law Universities starts today, July 15. Eligible candidates may apply for the test until October 15 through the website consortiumofnlus.ac.in. CLAT 2025 is scheduled to take place on December 1, from 2 pm to 4 pm (till 4:40 pm for candidates with disabilities). Read more
