After a turnaround in performance by Indian equity markets since July that has seen the S&P BSE Sensex and the Nifty50 wipe out the year-to-date losses, analysts suggest investors start nibbling into stocks that are focused on the domestic economy. While they say intermittent corrections, led by policies of global central banks and other economic data, cannot be ruled out, analysts expect India's relative outperformance among global equity markets to continue as it looks better placed with a healthy economic recovery, and remains one of the fastest growing major economies. In this backdrop, Neeraj Chadawar, head of quantitative equity strategy at Axis Securities, believes that amid global slowdown, aggressive tightening by the central banks, and preference for domestic interests first (by the local government), export-oriented themes are likely to be muted or will deliver conservative returns in the near-term.
Union Minister and former Maharashtra Chief Minister Vilasrao Deshmukh passed away at the Global Hospital in Chennai on Tuesday. He was 67.
Overthinking can be harmful to your sleep. So try to divert your mind to something that can bring peace to your mind, recommends Dr Santosh Bangar.
It is pouring heavily not only in North India, but at Dalal Street too. However, the latter is seeing a flurry of initial public offers (IPOs). After a busy fortnight that ended on July 7 with seven IPOs - IdeaForge Technology, Cyient DLM, PKH Ventures, Pentagon Rubber, Global Pet Industries, Tridhya Tech, and Synoptics Technologies -- four more IPOs will hit the Street this week, including one mainboard IPO of Utkarsh Small Finance Bank. That apart, India's largest securities' depository National Securities Depository Limited (NSDL) has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) for an IPO.
Security researchers with Kaspersky Lab have recorded more than 45,000 attacks in 99 countries, including the UK, Russia, Ukraine, India, China, Italy, and Egypt.
'When I was toying with 10 different ideas, my father was diagnosed with lung fibrosis and his condition deteriorated so badly that we lost him in six months. He was very unsatisfied with the lack of proper diagnosis.' 'It made me think will anyone do a biopsy if there is no symptom? Why is it that we do not have any non-invasive diagnostic method?' 'This idea was the strongest out of the ten, and with Snahlata Singh with her cancer biology background joining me, the idea got a real boost.'
'With Ramaland, the tourism department is looking to attract children and adults alike. It'll be learning with entertainment.'
Amid a spurt in COVID-19 cases in some parts of the world, Prime Minister Narendra Modi on Thursday cautioned against complacency and directed officials to strengthen the ongoing surveillance measures, especially at international airports.
Mahindra & Mahindra chairman emeritus Keshub Mahindra passed away this morning in Mumbai due to old age. Mahindra, 99, breathed his last this morning at home peacefully, said a person close to the family. After joining the company in 1947, he became the chairman in 1963.
He also said that it was wrong to suggest that India stopped foreign made vaccines like that made by Moderna and Pfizer from coming to India.
COVID infections in China began to surge towards December end and hospitals began to fill up. Many patients did not find beds and were seen sleeping on floors. Even, funeral homes and crematoriums were completely filled, and bodies were seen in the queue for days.
Infosys co-founder Kris Gopalakrishnan said Flipkart and Snapdeal have made a mark in the start-up world.
'Especially if their investment horizon is over two years.'
Global trend has affected Indian markets too, as two reputed IPOs were withdrawn due to lack of investor response.
The sharp rally in the markets thus far in fiscal 2023-24 (FY24) has left analysts struggling to find investment-worthy themes. The S&P BSE Sensex has surged nearly 7 per cent thus far in FY24 and hit a fresh 52-week high of 63,601.71 levels on June 22, mostly led by foreign institutional (FII) flows. "The Indian market has seen a broad rally in the past few months but headline indices have seen more modest performance. "We are not very clear about the reasons for the rally and the divergent performance and struggle to find ideas in the consumption, investment and outsourcing sectors after the sharp run-up in several of our favored sectors and stocks in the past two months," wrote Sanjeev Prasad, co-head, Kotak Institutional Equities, in a recent co-authored note with Anindya Bhowmik and Sunita Baldawa.
An evening celebrating the best of what medicine has to offer.
The Centre on Sunday held a high-level review meeting after a 34-year-old man from the national capital with no history of foreign travel tested positive for the monkeypox virus, making it the fourth case of the disease reported in India.
The burgeoning Indian market, if handled smartly, offers a challenging opportunity for value creation.
Tata Group on Wednesday announced an investment of 4 billion pounds (about Rs 42,500 crore) in setting up a flagship factory to make batteries for Jaguar Land Rover as well as other manufacturers. Tata Sons, owner of JLR, chose Bridgwater in Somerset in southwest England for the gigafactory over a rival location in Spain. The gigafactory, at 40GWh, will be one of the largest in Europe and Tata's first outside of India, the conglomerate said in a statement.
Realty firm 'The 3C Company' today announced tie-up with global hospitality major Four Seasons Hotels and Resorts for managing its five-star hotel in Noida.
Karan Gupta touches on a controversial topic -- sending students abroad. He discusses and debunks the 'brain drain', as well as mentioning why exactly foreign schools love our students.
"I want to put India on the global health care map. My team and I want to be a very well established medical facility where people can come from abroad and Indians don't need to go abroad for. I want to make sure that the treatment we have to offer is given to people of every economic strata. That is my wish for this hospital," says Tina Ambani, chairperson of the multi-specialty Kokilaben Dhirubhai Ambani Hospital and Research Center in Mumbai.
Ratnesh Verma, senior vice president (real estate and development), South Asia, spoke to Deepa Menon on the company's expansion plans in India.
What makes this edition of the contest important were a few more events that happened for the first time at Miss Universe.
'We expect to get the approval in the next few weeks,' says Deepak Sapra, CEO, API and pharmaceutical services, Dr Reddy's Laboratories (DRL).
From hardselling a dream house next to the London Tower Bridge to eyeing tourism and business opportunity at Universal Studios and Disney Destinations; from drawing target customers for Macau casinos to launching travel guides tailored just for the well-heeled in India, global industry majors are rushing in to tap the increasing spending power of the people in this country.
Biological E Limited plans to complete production at a rate of 75 million doses of its COVID-19 vaccine Corbevax per month, anticipating over 100 million doses per month from February 2022 which will enable the Hyderabad-based company to deliver 300 Million doses as promised to the Centre, BE said on Tuesday.
Brian Lara's countless fans heaved a huge sigh of relief after he declared on Tuesday evening "I am fine and will be back in my hotel room tomorrow" following hospitalisation in Mumbai due to chest pain.
In the last 12 months, over 7,500 Indians have applied for a resident permit.
Describing neonatal and maternal mortality rates as a matter of grave concern, Prime Minister Narendra Modi on Saturday said his government wanted to effectively use its 'Make in India' and 'Digital India' campaigns to reach healthcare to the country's poorest of the poor.
They welcomed the guests before the start of the dinner from the reception dais, with its backdrop showcasing the ruins of the Nalanda University in Bihar besides India's G20 presidency theme -- 'Vasudhaiva Kutumbakam - One Earth, One Family, One Future'.
India's voting pattern in the United Nations with regard to the Israel-Palestine conflict is lately marked by a calibrated distancing from Israel, observes Ambassador M K Bhadrakumar.
Total room strength to be 12,000 from the present 2,334.
Delhi reported its fourth case of monkeypox on Wednesday, with a 31-year-old Nigerian woman testing positive for the disease, official sources said.
While Marriott India Hotels Resorts has entered into a sponsorship agreement with the inaugural season winner Rajasthan Royals, Starwood Hotel & Resorts has chosen Virender Sehwag-led team Delhi Daredevils.
Modi and Albanese also reiterated their shared ambition for an early conclusion of the ambitious Comprehensive Economic Cooperation Agreement (CECA) that is expected to significantly expand bilateral trade ties.
Sanjive Narain, owner of Assam's oldest news channel, and Sanjay Aditya Singh, promoter of a cabin crew training academy, are coming together to launch a regional airline providing business and premium economy services in the Northeast. Jettwings Airways will be based in Guwahati and will connect places with twin-class Embraer E175 aircraft. The airline has secured an initial no-objection clearance from the civil aviation ministry and plans to launch services in October.
Sankaran had been admitted to a private hospital near Kannur in Kerala for the past few days due to age-related ailments and died on Sunday night, they said.
