Highlights of the day: Delhi airport sees 13 flight diversions on Feb 1

From the delay in train, flight services to the updates about the interim budget 2024, catch all latest news here

7:54 AM

Adani Ports Q3 result: Profits surge 68%, net profit reaches Rs 2,208 cr

Adani Ports and Special Economic Zone, India's largest private port operator, reported a nearly 68% surge in third-quarter profit on Thursday, helped by a jump in cargo volumes and higher tariffs.

 

7:33 AM

Govt to add more medical colleges by utilising existing infra: Sitharaman

Union government is looking to create more medical colleges to expand medical sciences education in the country. The government will do so by way of utilising the existing infrastructure, said Finance Minister Nirmala Sitharaman during her Budget speech.

7:13 AM

Deutsche Bank posts 30% drop in Q4 profit; announces buybacks, dividends

Deutsche Bank posted a 30 per cent drop in fourth-quarter profits as restructuring costs and other one-off expenses outweighed revenue gains, but the fall was not as bad industry analysts had expected.

 

6:43 AM

ED issues summons to NCP leader Rohit Pawar in MSC Bank scam case

MLA from the Nationalist Congress Party (NCP), Rohit Pawar who is the grandnephew of party supremo Sharad Pawar, has been summoned by the Enforcement Directorate (ED), for questioning on Thursday as part of an alleged money laundering probe.

6:33 AM

Global affairs becoming more complex, challenging with wars: FM Sitharaman

During her budget speech, Union FM Nirmala Sitharaman said the global situation is becoming more complex and challenging due to wars and conflicts in different parts of the world.

6:17 AM

M&M January sales: Total vehicle sales rise 15%, reach 73,944 units

Automobile major Mahindra & Mahindra has posted a 15 per cent year-on-year rise in its total vehicle sales. The company registered 73,944 units sales in the month of January. 

6:06 AM

ED conducted searches at India Cements Ltd offices in Fema probe

The Enforcement Directorate has conducted searches at the offices of leading Chennai-based cement manufacturer-- India Cements Ltd.-- as part of a foreign exchange violation investigation, PTI has reported.

5:57 AM

Expect our govt will be blessed again by people with resounding mandate: FM

During her Budget speech, Union Finance Minister Nirmala Sitharaman said that she hopes the people of India will bless the BJP government again in the upcoming Lok Sabha elections.

5:44 AM

Tesla to take shareholder vote on shifting incorporation to Texas: Musk

Tesla CEO Elon Musk has said that the company will move to vote on transfering the electric vehicle maker's state of incorporation from Delaware to Texas. Earlier, a Delaware court had rejected Musk's record-breaking $56 billion Tesla pay package.

5:26 AM

Union Cabinet clears pre-election interim Budget 2024-25

The Union Cabinet chaired by PM Narendra Modi on Thursday approved the pre-election interim budget 2024-25, PTI reported citing sources. Following this, Finance Minister Nirmala Sitharaman will present her sixth budget in the Lok Sabha. 

5:16 AM

Budget 2024: FM Sitharaman meets President Murmu ahead of Budget speech

Before presenting the pre-election Budget before the parliament, Finance Minister met President Droupadi Murmu on Thursday. The visit is in line with the tradition of finance ministers visiting the Rashtrapati Bhawan before heading to the parliament.

 

5:00 AM

Rupee appreciates 9 paise to 82.95 against US dollar ahead of Budget

The rupee rose 9 paise and reached 82.95 against the US dollar in early trade on Thursday as market participants remained cautious ahead of the interim Budget. Forex traders said the rupee was trading in a narrow range as the strength of the American currency in the overseas market and a muted trend in domestic equities weighed on investor sentiments.

4:43 AM

Reliance, Bodhi Tree discuss 60% stake in Disney India merger talks: Rpts

Bodhi Tree, which is a joint venture between James Murdoch and a former Star India executive, Uday Shankar, is also conducting discussions to take an additional stake of 7-9 per cent in merged entity, the sources said on condition of anonymity, according to a Reuters report.

4:32 AM

As Shibu Soren's son, not worried about my arrest: Jharkhand former CM Soren

In a video message, Former Jharkhand CM Hemant Soren said that as Shibu Soren's son, I am not worried with my arrest. In the video, Soren says "No evidence has been found by them yet." He said, "They also tried to spoil my image by conducting raids at my Delhi residence."

4:20 AM

16K sheep, cattle stuck on board export ship after Red Sea turn-back

A ship carrying 14,000 sheep and 2,000 cattle docked in Australia on Thursday after it could not take its journey through the Red Sea. However, the livestock remained stuck on board as the government decides whether to let them disembark or send them back to sea. Authorities have said that the animals are in good condition but animal rights activists have expressed their concern regarding the situation.