'We emphasise the importance of not basing investment decisions solely on electoral outcomes.' 'Instead, focusing on investing in high-quality businesses capable of prospering regardless of the political landscape is paramount.'
Stan Wawrinka outlasted Frances Tiafoe over three sets to set up an all-home quarter-final against compatriot and fellow veteran Roger Federer at the Swiss Indoors on Thursday. The 34-year-old Waewrinka, who won 6-3, 3-6, 7-5, will attempt to beat Federer for only the fourth time when they meet for their 27th clash on Friday in a dream tie for the Basel crowd.
Roger Federer beat Rafael Nadal 6-4, 3-6, 6-1, 3-6, 6-3 in the Australian Open final on Sunday to win his 18th Grand Slam singles title.
After a stellar run on the bourses that saw tractor stocks rise up to 52 per cent, analysts are turning cautious on the sector as muted demand trends may weigh in the near-term. Total volumes in the tractor segment for the last three quarters of the current financial year (9MFY24) have remained weak with VST Tillers, Escorts Kubota, and M&M seeing declines of 21 per cent, 5 per cent, and 3 per cent year-on-year (Y-o-Y), respectively, during the period, amid patchy rainfall, delayed crop harvest, and lower reservoir level. Across industry, total domestic sales volume so far in the current financial year (April '23 to January '24) has declined 5 per cent Y-o-Y, as per Tractor Manufacturers Association (TMA).
Roger Federer faced down local battler John Millman 4-6, 7-6(2), 6-4, 4-6, 7-6(8) in a five-set thriller on Friday night to reach the last 16 of the Australian Open. Defending champion Novak Djokovic thumped Japanese Yoshihito Nishioka 6-3, 6-2, 6-2 in the third round of the Australian Open on Friday to stay on course for a record-extending eighth title at Melbourne Park. Images from Day 5 of the 2020 Australian Open.
'I found it unbelievable that L&T said 45,000 jobs were waiting to be filled because of unavailability of suitable skillsets.' 'So, when the Opposition sweepingly says there are no jobs, I'm sorry... I'm not saying it's raining jobs, but there are jobs. The (skill) gap has to be bridged.'
Global trends, trading activity of foreign investors and movement of oil benchmark Brent crude would dictate terms in the domestic markets this week, analysts said. Equity markets, which fell nearly 3 per cent last week, may face volatile trends amid the monthly derivatives expiry on Thursday. "This week marks the September month Futures and Options (F&O) expiry, which is expected to bring about volatility in the market," said Santosh Meena, Head of Research, Swastika Investmart Ltd.
'But India, increasingly, is not that far behind, which is a story I never expected to tell.'
Information technology (IT) companies have been on the road to revival in the past one year. From being the worst-hit sector in 2022 with a loss of 26 per cent, the Nifty IT index closed 2023 with gains of 24 per cent. So far in 2024, the index is up around 7 per cent against the nearly flat Nifty 50 benchmark index. The IT index has been on a continuous decline in the last three sessions.
The US Federal Reserve's interest rate decision, quarterly earnings of corporates and domestic macroeconomic data will influence trading in the equity market in a holiday-shortened week ahead, analysts said. Foreign funds' trading activity, monthly automobile sales data and global trends would also guide market movement this week, they added. Markets would remain closed on Monday on account of 'Maharashtra Day'.
Investors' wealth eroded by Rs 7.59 lakh crore on Monday as the equity market took a heavy drubbing amid escalating tensions in the Middle East. The 30-share BSE Sensex plunged 825.74 points or 1.26 per cent to settle at 64,571.88 points. During the day, the index plummeted 894.94 points or 1.36 per cent to 64,502.68 points.
AAP leader and Delhi minister Atishi made the allegations against the agency at a press conference and called the entire probe a "scam" in itself.
A clinical Roger Federer took a confident step towards a fourth Miami Open title on Wednesday, easing past 13th-seeded Russian Daniil Medvedev 6-4, 6-2 to book a spot in the quarter-finals.
The government plans to remove the definition of broadcasting services altogether from the bill to help reduce confusion among stakeholders.
Diwali fireworks are expected to continue on Dalal Street next week, with four companies collectively seeking to mobilise over Rs 6,600 crore through initial public offerings (IPOs). In terms of the amount raised, this is poised to be the busiest week of calendar year 2023. Tata Technologies (Tata Tech), a subsidiary of Tata Motors, could lead the charge with an IPO projected to be over Rs 2,900 crore. This will mark the first maiden share sale by a Tata Group firm in nearly two decades.
A remarkable story which helped in transforming a bureaucratic organization, to a customer centric organization. This experience may inspire several government / private organizations to modify or adopt digitisation to transform their business, notes Professor N Ravichandran (retd).
tailwinds of a remarkable year and handsome investor returns, Indian equities are set for an eventful journey in 2024, with a slew of local and global cues -- varying from interest rates to Lok Sabha polls to geopolitical happenings. Analysts are of the view that the bull run in the domestic equity market will continue, and over the next 3-6 months, the benchmark indices -- Sensex and Nifty -- could climb up to 7 per cent. In 2023, the 30-share BSE Sensex jumped 11,399.52 points or 18.73 per cent, and the NSE Nifty climbed 3,626.1 points or 20 per cent.
Debutant Akash Kumar (54kg) secured India's first medal at the AIBA World Boxing Championships in Belgrade on Tuesday after advancing to the semi-finals with a superb win over former Olympic silver-medallist Yoel Finol Rivas of Venezuela.
A US federal judge in Houston has declared illegal a federal policy that prevents the deportation of hundreds of thousands of undocumented immigrants, including hundreds of Indians, brought to the US as children, but noted that the government can continue to process renewals of its current recipients.
Gold price declined Rs 305 to Rs 56,035 per 10 grams in the national capital on Thursday amid a fall in rates of precious metal in the overseas markets, according to HDFC Securities. The yellow metal had settled at Rs 56,340 per 10 grams in the previous trade. Silver also plummeted Rs 805 to Rs 65,095 per kg.
Summary of sports events and persons who made news on Sunday
Trump told reporters that his administration will not tolerate firing of hardworking Americans in pursuit of cheap foreign labour.
'Currently, 81 per cent of all reserved tickets are booked through e-ticketing.'
The World Anti-Doping Agency (WADA) on Monday recommended that the IOC and International Paralympic Committee should consider banning all athletes entered by the Russian Olympic Committee for next month's Rio Olympics.
Roger Federer gained a measure of revenge against Wimbledon nemesis Kevin Anderson, beating the South African 6-0, 6-4 at the Miami Open on Thursday to set up a mouthwatering semi-final against a player barely half his age.
'We are also conducting ongoing training and grooming at the branch level to pre-empt such cyberattacks.'
The Indian equity market valuation has been moving in tandem with the US 10-year treasury yield. While the benchmark US bond yield has witnessed a nearly 70 basis point decline since the end of October this year, dropping from 4.93 per cent to 4.23 per cent on Friday, the Sensex earnings yield has slipped by nearly 45 basis points - from 4.5 per cent to 4.05 per cent. Previously, Indian equities' earnings yields rose in sync with the US bond yields.
A day after Trudeau's remarks, ministry of external affairs spokesperson Arindam Bagchi asserted that India's "core issue" with Canada remains that of the space given to separatists, terrorists and anti-India elements in that country.
A 19-year-old Indian-origin teen accused of deliberately crashing a rented U-Haul truck into a White House barrier told authorities that he wanted to get inside the mansion to "seize power" and "kill" US President Joe Biden, according to media reports.
Juan Martin del Potro saved three match points in a thrilling final at the BNP Paribas Open on Sunday before handing world number one Roger Federer his first loss of the year and claiming his maiden Masters 1000 title.
Among the Sensex firms, Larsen & Toubro, UltraTech Cement, JSW Steel, Titan, Bajaj Finance, Wipro, Tech Mahindra and Nestle were the major laggards. Maruti, Power Grid, Axis Bank, State Bank of India, NTPC, HDFC Bank, ITC and IndusInd Bank were the gainers.
'The Emergency was a temporary affair. It was withdrawn after 20 months.' 'But we are in this situation for the last 10 years.' 'If the Emergency was jhatka, this is halal, slow killing.'
The report by the state department's independent inspector general cited "longstanding, systemic weaknesses" in how Clinton and four of her predecessors managed the security of their emails.
Sharif, the three-time former premier, said that there is a need for all the political parties to sit together and form a government to pull Pakistan out of its difficulties.
Now White House would carry out its review of the proposed regulation, take inputs from various agencies, before taking a final call. The entire process could take from a few weeks to several months.
The bench said if the governor decides to withhold assent to a bill, then he has to return the bill to the legislature for reconsideration.
Images from Day 7 of the 2021 French Open at Roland Garros in Paris on Saturday.
From installing water-saving aerators on taps to using cans for washing hands and dishes, Bengaluru is adopting diverse strategies to tide over the water crisis. While several citizens have taken to social media to urge Karnataka Chief Minister Siddaramaiah to make work from home mandatory for IT companies, it appears that hybrid mode will continue to be the norm for most - although with new water conservation measures in place. Co-working space provider Urban Vault has, for instance, installed smart water meters to detect leakage.
This case is the largest investigated by the Pandemic Response Accountability Committee Fraud Task Force to date, US Attorney for the Northern District of Texas Leigha Simonton said in a press release.
It is 10 years since Bandhan Financial Services became the first microfinance institution (MFI) to receive the universal bank licence. A year later, in 2015, it started operations. Bandhan's entry into banking was seen as a vote of confidence by the Reserve Bank of India (RBI) for the country's microfinance sector. Subsequently, the RBI awarded small finance bank licences to nine MFIs.
