In a dazzling resurgence, foreign investors have graced the Indian equity markets with an influx of nearly Rs 1.5 lakh crore in 2023, fuelled by optimism over the country's resilient economic fundamentals amid shadows of a gloomy global scenario. Experts believe that the positive trend may continue in 2024. This follows Indian equities witnessing the worst-ever net outflow of Rs 1.21 lakh crore by FPIs in 2022 on aggressive rate hikes by the central banks globally after net inflows for three consecutive years.
Chandrayaan-3 mission's rover 'Pragyan' has traversed a distance of about eight metres on the lunar surface, and its payloads have been turned on, ISRO said on Friday.
Sergio Perez beat teammate and championship leader Max Verstappen to win the Azerbaijan Grand Prix on Sunday and continue Red Bull's Formula One domination with a double success in Baku.
'Certain groups should be more cautious, especially the 60-plus population, and the population which suffer from co-morbidities like diabetes and hypertension.'
Max Verstappen took the 50th win of his Formula One career, and record-equalling 15th of the season
A 29-year old man died on Tuesday after being seriously injured in violent clashes between fans of the AEK Athens and Dinamo Zagreb soccer clubs before a scheduled match in Athens.
Charles Leclerc put Ferrari on pole position for Sunday's US Grand Prix after Red Bull's triple Formula One world champion Max Verstappen had a faster lap deleted for exceeding track limits and dropped to sixth on the grid.
Carlos Sainz lapped Monza's "Temple of Speed" with a fastest time of one minute 20.294 seconds, 0.013 quicker than Max Verstappen's final flying lap.
Sugar prices are hovering near six-year highs, leaving a bad taste in Indian consumers' palates but sweetening the portfolios of investors in related stocks at Dalal Street. Shares of sugar manufacturers such as Piccadily Agro, DCM Shriram, Magadh Sugar, and Bajaj Hindustan have rallied up to a whopping 200 per cent so far in the financial year 2024 (FY24) as deficient monsoon rains in major sugarcane producer states like Maharashtra and Karnataka are expected to lead to a shortfall in sugar output ahead. In comparison, the BSE Sensex has modestly gained 11 per cent during this period.
Max Verstappen added his name to the list of triple Formula One World champions on Saturday after Red Bull team mate and sole title rival Sergio Perez crashed out of the Qatar Grand Prix sprint race.
Max Verstappen put Red Bull on pole position for his home Dutch Grand Prix at Zandvoort for the third year in a row
After the successful deployment of Chandrayaan-3's lander and rover on the moon, Indian Space Research Organisation (ISRO) is hoping that their mission life will not be limited to one lunar day or 14 earth days, and that they will come back to life when the sun again rises on the Moon, to carry on with the experiments and studies there.
Byju's, India's most-valued startup, has decided to put two of its key assets -- Epic and Great Learning -- on the block to generate $800 million-$1 billion in cash, with an aim to meet the edtech firm's various commitments, including repaying the entire $1.2 billion term loan B (TLB) within six months, according to sources. The cash-strapped company has proposed repaying $300 million of the $1.2 billion loan in the next three months, depending on whether the lenders accept Byju's amendment proposal, said the people familiar with the development. "This loan repayment proposal has been submitted to the lenders and conversations are going in the right direction," said a person in the know.
In a breather to the troubled edtech company, the steering committee of lenders has agreed to amend a $1.2 billion term loan with Byju's by August 3, 2023, the lenders announced on Monday. Successful execution of the amendment would "immediately" solve the loan's acceleration and end all open litigation while avoiding further enforcement actions, they in a statement. An e-mail sent to Byju's did not elicit a response.
'Investing in a factor-based fund can be beneficial provided you have chosen the right factor.'
Haas had argued that Alonso's car was in an unsafe condition after a collision because the right-hand mirror, which eventually fell off, was moving around. They also made the point they had been shown a black and orange flag, requiring a driver to pit due to mechanical problems or loose bodywork, on three occasions this season.
The WHO said the four current 'Variants of Concern' being monitored closely - Alpha, Beta, Gamma and Delta - are widespread and have been detected in all WHO regions.
Foreign Portfolio Investors (FPIs) have pumped Rs 47,148 crore in the Indian equities in June, making it the highest inflow in 10 months, enthused by the country's steadily improving macroeconomic fundamentals. However, inflows in July may be subdued as FPIs might adopt cautious stance due to the recent comments from the US Federal Reserve, Mayank Mehraa, Smallcase manager and principal partner at financial consultancy Craving Alpha, said. Besides, VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said FPIs are likely to turn a bit cautious going forward as valuations in the country are rich from a short-term perspective.
Glimpses of what the historic Chandrayaan Mission discovered on the dark side of the Moon.
'We suggest an equity strategy of 5% to 10% exposure to cash, 5% to Gold ETF, close to 50% to Sensex/Nifty/large mid-cap stocks.'
The Indian Space Research Organisation (ISRO) on Thursday announced that its lunar mission Chandrayaan-3 will be launched on July 14 from the space port at Sriharikota in Andhra Pradesh.
Max Verstappen clinched his second win of the season as the Australian Grand Prix was halted with three red flags.
Ferrari's Carlos Sainz won the Singapore Grand Prix on Sunday to end Formula One leader Max Verstappen's record run of 10 wins in a row.
Summer days are great for an indulgent sweet treat that can be topped with walnuts and rose petals.
The Chandrayaan-3 mission that aims for a soft landing on the moon's surface, paving the way for future interplanetary missions, carries six payloads that would help ISRO understand the lunar soil and also get the blue planet's photographs from the lunar orbit.
Portfolio management services (PMS), catering to higher networth individuals (HNIs), are facing tough competition from emerging alternative investment funds (AIFs), evident from their dwindling client base. In May, the number of clients for the industry stood at 125,390, down 20,528 in two months, shows data from the Securities and Exchange Board of India (Sebi). "PMS managers also have a high active ratio, which means their portfolios are quite differently positioned and more actively managed, compared to the benchmark, which is also a highlight for long-term investors.
This is the sixth of seven ships built under 'Project 17 Alpha' for the Navy. The first five ships of the project were launched between 2019 and 2022.
Red Bull's Max Verstappen qualified comfortably faster but dropped five places for a gearbox change.
Max Verstappen won Red Bull's home Austrian Grand Prix from pole position and with the fastest lap on Sunday for the team's 10th successive Formula One victory and ninth in nine races this season.
Researchers at Public Health Scotland and the University of Edinburgh, UK, found that the Pfizer-BioNTech vaccine offered better protection against the Delta variant compared to the Oxford-AstraZeneca preventive, known as Covishield in India.
"I'm just extremely grateful that I'm here, and tonight I'm going to call my family and all my loved ones. I passed two metres from that crane. If, I had been two metres to the left, I would have been dead."
Seven times world champion Lewis Hamilton was seventh for Mercedes and Lance Stroll collected the final point for Aston Martin.
It was Hamilton's first pole position since Saudi Arabia in December 2021.
The team led by researchers at the University of Maryland in the United States found that people infected with SARS-CoV-2 exhale infectious virus in their breath, and those infected with the Alpha variant put 43 to 100 times more virus into the air than people infected with the original strains of the virus.
Besides his strategic and tactical acumen, it was his amazing personality, quick wit and ability to remain unflustered under any circumstances that stood him apart from almost any leader one has read about or known, recalls Lieutenant General Syed Ata Hasnain (retd).
Belgian Jasper Philipsen took second place with France's Christophe Laporte finishing third, eight seconds behind.Overall, Van Aert leads compatriot Yves Lampaert (Quick Step Alpha Vinyl) by 25 seconds and defending champion Tadej Pogacar (UAE Emirates) by 32.
Shares of asset management companies (AMCs) have rallied in the last 3-4 sessions due to clarity on regulatory changes in total expense ratios (TER) and expectations that it won't upset profits much in the long run. HDFC AMC has gained over 12 per cent in the last four sessions, while Nippon AMC and UTI AMC are up around 5 per cent. Aditya Birla Sun Life (ABSL), the only other listed AMCs, has risen more than 2.3 per cent in the last four sessions.
Ferrari's Charles Leclerc secured pole position for the Singapore Grand Prix on Saturday after a furious Max Verstappen was forced to abandon his fastest lap for fear of running out of fuel.
'...over the long-term can be done only by investing in equities.' 'And during weak macros, one needs t1o allocate more than drawing it down, because they offer the best entry point.'
The Delta variant of COVID-19, or the B1.617.2 variant of concern (VOC) first identified in India, is about 60 per cent more transmissible than the Alpha strain identified in the United Kingdom and also reduces the effectiveness of vaccines to some extent, UK health experts report.
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