Sri Lankan authorities on Thursday lifted the curfew, which was imposed in the Western province after the eruption of violence in the capital here, even as President Gotabaya Rajapaksa, who has fled to the Maldives, was yet to submit his resignation letter.

Rajapaksa, the 73-year-old leader who had promised to resign on Wednesday, appointed Prime Minister Ranil Wickremesinghe as the acting President hours after he fled the country, escalating the political crisis and triggering a fresh wave of protests.

Shares of One97 Communications, the parent of fintech firm Paytm, hit an over three-month high of Rs 739 as the stock gained 4 per cent on the BSE in Thursday’s trade amid heavy volumes. The stock traded at its highest level since March 11, 2022. In the past two months, the stock has rallied 36 per cent and has recovered 44 per cent from its record low of Rs 511, touched on May 15, 2022.

At 10:55 AM, Paytm traded at Rs 737, as compared to 0.43 per cent rise in the S&P BSE Sensex.

The rupee weakened to a new low against the greenback for a fourth straight session on Thursday as markets expected the Federal Reserve to aggressively hike rates after data yesterday showed US inflation at a forty-year high in June.

The rupee was trading at 79.80 against the US dollar at 10.10am IST, compared to its close of 79.64 on Wednesday. “The range for the day could be between 79.50 to 80.00 levels.

Delhi High Court directed Chinese smartphone maker Vivo to furnish a bank guarantee worth Rs 950 crore.

The Delhi HC allowed Vivo to operate its bank accounts, which were frozen by the Enforcement Directorate (ED) in a money-laundering probe.

The court said that Vivo can operate its bank accounts to the extent that a balance of Rs 250 crore is maintained in its accounts at all times.

Sri Lanka on Wednesday declared a state of emergency after President Gotabaya Rajapaksa fled to the Maldives on a military jet in the face of a public revolt against his government for mishandling the country's economy.

The Prime Minister's office informed the media organisations that the state of emergency in the country and a curfew in the Western province had been imposed.

The newer and most contagious Omicron subvariants, known as BA.4 and BA.5, now make up more than 80 percent of Covid-19 infections in the US, according to data released by the US Centers for Disease Control and Prevention (CDC).

The BA.5 subvariant accounted for 65 per cent of new infections in the latest week ending July 9, while BA.4 accounted for 16.3 per cent of new infections, CDC data showed on Tuesday.

After being dislodged from power in Maharashtra, the Shiv Sena has staked claim for the post of leader of opposition in the state Legislative Council.

A delegation of Shiv Sena MLCs - Manisha Kayande, Sachin Ahir, Ambadas Danve, Vilas Potnis and Sunil Shinde - met Counil Deputy Chairperson Neelam Gorhe on Monday and submitted a letter staking claim for the post of the LoP and chief whip.

Panasonic has launched its first 14-inch fully rugged modular laptop in India that comes with improved screen brightness and a colour-selectable backlit keyboard.

Called 'TOUGHBOOK 40', the device offers 'backlit power button and keyboard icons' for easier night viewing in low-light environments.

The country's largest power producer NTPC on Wednesday said it has rolled out a four-week long empowerment programme for underprivileged girls in Assam to train 40 minors in different skills.

The programme -- Girl Empowerment Mission (GEM) -- is being conducted by the power major across the country since 2018 and was launched in Assam for the first time.

Aiming to overthrow the KCR government in Telangana, the Bharatiya Janata Party (BJP) has prepared a road map for the upcoming state Assembly elections that are scheduled to take place in 2023.

In order to strengthen the party in the state, BJP is holding many programs. From July 21, the BJP will undertake a motorcycle journey in 15 different places under the name of 'Palle Gosa - BJP Bharosa.'

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