11:11| Monsoon rattles Mumbai, Neymar's Brazil crashes out of WC, HDFC Bank in focus, and more

DAY AHEAD IN DATA WATCH

• S&P Global Construction PMI For France, Germany, Italy and the Euro Area


• Euro Area PPI Data


• S&P Global Services PMI for the US and Canada


• Mexico Gross Fixed Investment Data


• Euro Area Retail Sales Data

 

• Maharashtra rains: Landslides hit rail sections near Lonavala; 16 outstation trains cancelled

Heavy rains triggered landslides at two locations on railway sections near Lonavala in Maharashtra, disrupting outstation train services on Monday, July 6. The landslides were reported near Thakurwadi on the ghat section between Karjat and Lonavala and between Khandala and Monkey Hill, Central Railway told CNBC-TV18.

HDFC Bank

• Nasdaq futures rise 400 points after chip sell-off, strong truncated week

Mark Newton of Fundstrat wrote that financials, healthcare and industrial stocks closed at record levels last week, more than offsetting the underperformance of chipmakers. He

now sees the S&P 500 at 8,000 by mid-August, that is a 7% jump in just over a month.

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• Neymar signals Brazil farewell after shock FIFA World Cup exit to Norway

Neymar suggested he may have played his final match for Brazil after scoring in their defeat by Norway in the World Cup round of 16 on Sunday. Speaking briefly after the match to Bruno Formiga, a pundit for Brazilian channel ge tv, Neymar indicated that his tenure with Brazil had come to an end.

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• Amit Shah orders 'zero coal leakage plan' to curb illegal mining, coal theft in Jharkhand

Union Home Minister Amit Shah on Sunday, July 5, expressed concern over the worsening situation of illegal coal mining and coal theft in Dhanbad and nearby areas of Jharkhand, directing authorities to adopt a "Zero Coal Leakage Plan" and strengthen security measures to curb the menace.

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• HDFC Bank in focus after Q1 shows strongest loan growth in five quarters

Shares of HDFC Bank Ltd. will be in focus on Monday, July 6, after the private-sector lender reported a steady June-quarter business update, with loan and deposit growth surpassing Street estimates.

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• After E20 petrol, India eyes 15% isobutanol blend in diesel: Nitin Gadkari

India is preparing for the next phase of its biofuel transition with plans to introduce up to 15% isobutanol blending in diesel, Union Road Transport and Highways Minister Nitin Gadkari said, outlining a roadmap aimed at reducing the country's dependence on fossil fuel imports.

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• Record Date Alert: 15 companies set to see corporate actions for dividend, bonus this week

More than 15 stocks, including multiple Nifty 50 constituents, such as Titan, Hindalco, JSW Steel, and Sun Pharma are set to see record dates for their respective corporate actions announced earlier. While most of these corporate actions pertain to final dividend announcements, some also include bonus issue awards as well

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• Why do Indian Railways trains have an 'X' on the last coach? Here's what it means

You might have seen a large white or yellow 'X' painted on the back of the last coach of a train many times. But have you ever wondered what it actually means? Most passengers hardly notice it, while others assume it is just another railway marking. In reality, the 'X' serves an important purpose.

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• In Pics: Ayatollah Ali Khamenei's funeral draws huge crowds, Iran's top leaders attend

Hundreds of thousands of mourners gathered in Tehran as Iran held funeral prayers for late Supreme Leader Ayatollah Ali Khamenei. The ceremony brought together top Iranian leaders and members of the Khamenei family. At the same time, the absence of newly appointed Supreme Leader Ayatollah Mojtaba Khamenei drew attention.

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• British music firm Virtuoso Music enters south Asia market with India launch

British music company Virtuoso Music has launched operations in India, marking its first entry into the South Asian market, the company said in a statement. Virtuoso is entering with an integrated model spanning original music creation, rights management, artist development and distribution.

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• AI Wrap: AI jobs grow despite IT hiring slowdown; Samsung profit seen surging 18-fold

AI hiring in India's IT sector grew 16% year-on-year in June even as overall IT recruitment fell 3%, according to Naukri's JobSpeak report, reflecting continued investment in artificial intelligence talent, said Info Edge CEO Hitesh Oberoi. Separately, the Indian government has begun investigating the Tata Electronics data breach involving Apple's iPhone-related information.

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