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BusinessForeign investors are reducing their bearish bets on banking stocks ahead of the Reserve Bank of India's policy decision expected on Wednesday. The RBI is widely anticipated to raise the repo rate by 25 basis points to 5.50%, the first hike in over three and a half years, while maintaining a neutral stance. This short covering by FPIs could support further gains in Bank Nifty.
Mint Markets··Mumbai
SportsShreyas Iyer scored his first T20I century with 102 runs off 43 balls, guiding India to an eight-wicket victory against West Indies in the series opener. Debutant Naman Dhir took three wickets, restricting West Indies to 171 runs. India now leads the series 1-0, demonstrating strong performances in both batting and bowling.
TOI Sports·
PoliticsThe CBI conducted searches at eight locations including Punjab CM Bhagwant Mann's camp office and OSD Rajbir Singh Ghuman's residence in Chandigarh as part of a corruption probe. Incriminating materials like laptops and documents were seized. An FIR names Ghuman and five others for allegedly manipulating officer postings, policy, approvals, tenders, licensing, and land matters.
Hindustan Times·
TechnologyRay-Ban Meta smart glasses are receiving new features in software updates v128 and v129. Version 128 adds walking navigation using smartphone location data and introduces Spatial Audio. Version 129 brings Mono Audio and Audio Balance controls, allowing users to customize sound delivery. The v128 update is widely available, while v129 is still rolling out.
NDTV Tech·
EntertainmentCaleb Flynn, known from 'American Idol,' was found guilty of murder and other charges including assault and evidence tampering. During the trial, it was revealed he had a year-long affair with Eligha Botner, who testified about his hatred for his wife and thoughts of killing her. Prosecutors presented messages and forensic evidence linking Caleb to the crime. He apologized emotionally before sentencing.
Amar Entertainment·
EntertainmentThe film 'Hanuman Ansh,' starring Showbinav Saty, has earned over 300 crore rupees on a 2 crore budget. An old video of the lead actor appealing against watching the pirated version online resurfaced on social media, sparking trolling. In the video, Showbinav thanks fans for their love but warns against piracy, urging viewers not to watch unauthorized copies as the film was not released online by makers.
Aaj Tak·
Mint Markets··Mumbai
Foreign investors are reducing their bearish bets on banking stocks ahead of the Reserve Bank of India's policy decision expected on Wednesday. The RBI is widely anticipated to raise the repo rate by 25 basis points to 5.50%, the first hike in over three and a half years, while maintaining a neutral stance. This short covering by FPIs could support further gains in Bank Nifty.
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