The markets may be entering a consolidation phase and are expected to trade sideways for now after a good run in the last few weeks, suggest analysts. In this backdrop, they suggest investors can book profits at the current levels and enter the market again on a decline from a medium-to-long term perspective. Thus far in fiscal 2023-24 (FY24), the S&P BSE Sensex has moved up around 5 per cent to nearly 62,000 levels.
Phase-I clinical trials have revealed "excellent safety" of the two candidate vaccines indigenously developed by Bharat Biotech in collaboration with Indian Council of Medical Research and Cadila Healthcare Ltd and their immunogenicity testing is now in progress, minister of state for health Ashwini Choubey informed the Rajya Sabha on Tuesday.
Like most army combat uniforms, this one has been designed to serve two requirements: First, protection against harsh climatic conditions, including extreme heat and cold. Second, the need to provide soldiers' outfits with field camouflage, so as to increase his battlefield survivability.
The sharp correction in the Indian markets from their peak levels has made valuations attractive, say analysts, who advise buying selectively, but only from a long-term perspective. Fifty-six of the Nifty 100 stocks, according to Mahesh Nandurkar, managing director at Jefferies, now trade below the 10-year historical averages, including stocks in financial, select auto, and pharma sectors. "Valuation (one-year forward consensus price-to-earnings, PE) has declined 25 per cent from October 2021 peak, almost matching the 33 per cent price-earnings contraction during the 2011 tightening cycle when repo rates went up by 375 basis points (bps) versus 250 bps this cycle.
Azim Premji, chairman of IT major Wipro, was conferred the highest French civilian honour for his outstanding contribution to developing the information technology industry in India, his economic outreach in France, and his laudable contribution to society as a philanthropist through the Azim Premji Foundation and Azim Premji University
There is a definite attempt to put the landslides on the backburner because news of them and climate change worry Wayanad's tourism and real estate businesses greatly. Whatever I experienced of Wayanad's 2024 by-elections; the July landslides were not a burning issue, observes Shyam G Menon.
The prime minister had addressed the India Singapore Hackathon 2019 and the 56th Concvocation of IIT, Madras.
After Indian Institutes of Management (IIMs), the nation's premier IITs may see a hike in tuition fees, the Rajya Sabha was informed on Monday. Human Resource Development Minister Arjun Singh said the Standing Committee of IIT Council (SCIC) has recommended an increase in the tuition fee for B Tech and M Tech courses. The Board of Governors (BoG) of six IIMs located at Ahmedabad, Bangalore, Kolkata, Lucknow, Indore and Kozhikode had decided to increase the fees of the PGP.
15 per cent of startups in Silicon Valley are founded by Indians.
The last date to apply for the September 2022 term of the programme is August 19, 2022.
Government proposes to set up three new Indian Institutes of Technology (IITs) in Bihar, Rajasthan and Andhra Pradesh, the Rajya Sabha was informed on Monday.
On his three-day trip, the Microsoft CEO will meet governments and businesses to get them to use the company's platforms.
Equity benchmark Sensex slumped over 1,000 points to sink below the 55,000-level on Friday, tracking deep losses in IT, finance, banking and energy stocks amid widespread selling in the global markets. A weak rupee, surging crude prices and relentless foreign capital outflows further weighed on sentiment, traders said. The 30-share BSE index ended 1,016.84 points or 1.84 per cent lower at 54,303.44.
Prime Minister Narendra Modi on Tuesday told Russian President Vladimir Putin that a solution to the Ukraine conflict is not possible on the battlefield and peace efforts do not succeed in the midst of bombs and bullets even as he flagged concerns over a missile strike on a children's hospital in Kyiv.
Smaller cities like Pune and Noida score better than 'Vibrant' Gujarat's Ahmedabad.
This after most of the Opposition including the Congress, Left parties, the Trinamool Congress, the Samajwadi Party and the Nationalist Congress Party decided to boycott House proceedings in protest against the suspension of eight MPs for the remainder of the session for unruly behaviour.
Each Fellow would be eligible for a research grant of Rs 2 lakhs per year.
Paytm plans to induct 5,000 manufacturers and sellers; has started programmes to identify and train new sellers.
The 2015 round will support approximately 60 scholarships and provide around $8 million in mobility grants for Australian undergraduate students.
About 22,300 NRIs across UAE participated in the survey which was conducted to understand the reason of buying property in India, preferred cities for investments, type of property, time frame, budget and finances planned. Indian cities are also in the top 25 real estate destinations in the Asia Pacific region for real estate investment destinations.
Tech giant Microsoft will set up its largest and fourth data centre in India at Hyderabad with an investment outlay of over Rs 15,000 crore over a period of 15 years. "I am very happy to say today that Hyderabad will be the destination for Microsoft's largest Data Centre investment in India with an investment of over Rs 15,000 crore over a period of 15 years. "This will be one of the largest FDIs that Telangana has attracted," Telangana Minister for IT and Industries KT Rama Rao on Monday said at an event marking the announcement of Microsoft's latest data centre region in Hyderabad.
Aditya-L1 will be launched by PSLV-C57 rocket on September 2 at 11:50 am. It carries seven payloads to study the Sun, four of which will observe the light from the Sun and the remaining three will measure insitu parameters of the plasma and magnetic fields.
The share of non-resident Indians (NRIs) and overseas investors in Indian mutual funds has been declining over time, despite adding half-a-trillion rupees to holdings over the last five years. Mutual fund holdings for the segment went up from Rs 0.95 trillion as of December 2018 to Rs 1.54 trillion as of December 2022, shows Business Standard analysis of data from the industry body Association of Mutual Funds in India (Amfi). Their share in overall mutual fund assets has fallen from 4.2 per cent to 3.9 per cent during the same period.
Dr Shreekant Sambrani pays tribute to M S Swaminathan, renowned agricultural scientist and a lifelong crusader against hunger who passed away in Chennai recently.
Nearly 150 companies visited the campus this year.
'It will be best for investors to have a systematic investment plan in mid-cap and small-cap funds with a three-/five-year horizon.'
It also assured that the amount of medical insurance coverage under the Ayushman Bharat scheme would be doubled from Rs 5 lakh to Rs 10 lakh.
Youth Incorporated's annual MBA rankings reveals the best.
Modi will arrive in New York on June 20 and will lead the 9th International Yoga Day celebrations at the UN headquarters on June 21.
Although the credit for acquiring the technological skill must be given to India's outstanding nuclear scientists, the decision to go nuclear was a political one that entailed clarity of vision, courage and resolve, points out Rup Narayan Das.
Applications are invited for the Post Graduate Programme in Management Studies (PGPMS) for 2005-2007, K J Somaiya Institute of Management Studies and Research.
'India's G20 presidency has been inclusive, ambitious, decisive, and action-oriented. We actively voiced the developmental concerns of the Global South'
Though global IT services spending is likely to cross the $1-trillion mark to reach $1.031 trillion, growth rate will slow to 3.8% in 2019, compared to 6.7% last year according to reports
More than 300 verified mobile phone numbers, including of two serving ministers, over 40 journalists, three opposition leaders and one sitting judge besides scores of business persons and activists in India could have been targeted for hacking through an Israeli spyware sold only to government agencies, an international media consortium reported on Sunday.
Humanoid Sophia picked the Baadshah of Bollywood as her favourite actor
'Young working adults between 25 and 34, who are in Indian Tier II and III cities, are leading the charge in terms of crypto adoption.'
Prime Minister Narendra Modi set a historic moment for Andhra Pradesh, as he laid the foundation stone of capital Amaravati at the Uddandarayuni Palem on Thursday. More than 10,000 police personnels were deployed for the even in the city.
