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.
The Institute of Management Technology, Ghaziabad opens admissions to its PhD course for 2008.
The court directed police to provide protection for the "smooth functioning" of the college in order to conduct the admission process.
Linking businesses with account aggregator (AA) network -- a financial data sharing platform -- will help small entrepreneurs get easy access to credit and create millions of jobs, Infosys Technologies co-founder and chairman Nandan Nilekani said on Tuesday. He made the remarks during a session at the 'GSV + Emeritus India Summit' event in Gurugram. In the Budget for FY24, the government said that the GST system could join the account aggregator network, which means that every company in the GST system can ask for its data back which includes their tax filings and invoices, Nilekani said.
With the Nifty50 just about 3 per cent away from its all-time closing high of 18,812 points, analysts at BofA Securities suggest investors book profit. Their reasons for the advice include risks like the possibility of a cut in corporate earnings growth forecasts, high valuation (one-year forward P/E of 19.5x), interest rates staying elevated for longer-than-expected and credit tightening. Going ahead, they expect the Nifty50 index to drop to 16,000 levels - down nearly 12 per cent from the current level of 18,255 points, which they believe would be a good time to buy.
Only one in four workers in Karnataka receive a salary, the lowest among the four industrialised states of India, a Business Standard analysis of the latest annual Periodic Labour Force Survey (PLFS) data shows. While 31.6 per cent workers in Gujarat receive regular wages (or salaries), followed by Tamil Nadu (30.3 per cent) and Maharashtra (29.4 per cent), only 25.7 per cent workers in Karnataka receive the same. The figure stands at 21.5 per cent at the national level, according to the 2021-22 PLFS data.
So are you ready for the AIEEE? Have you designed a strategy that is sure to get you great results? Try your hand at this mock AIEEE.
Institute for Technology and Management in collaboration with Birla Institute of Technology (BIT), Mesra, Ranchi announces admission to research programme leading to PhD degree in management.
Even as the slowdown in the information technology (IT) services sector deepens, banking, financial services and insurance (BFSI), as well as oil and gas companies, emerge as the primary drivers of corporate earnings in the country. The IT services sector's share in corporate earnings declined to a five-year low of 17.4 per cent in the second quarter (Q2) of 2023-24 (FY24), whereas banks and finance companies accounted for 46.5 per cent, and oil and gas firms contributed 16.8 per cent. At their peak, IT services firms like Tata Consultancy Services (TCS), Infosys, HCLTech, and Wipro represented just over a third of the combined net profit of all listed companies in the Business Standard sample.
N R Narayana Murthy, co-founder of Information Technology giant Infosys, has lamented that economic activities in India were 'stalled' and decisions were not taken by the Manmohan Singh government in time in the Congress-led United Progressive Alliance-era.
India will sign three agreements with Japan, aimed at enhancing ties between institutions and industries of the two countries in the information technology and telecom sector
The National Institute of Fashion Technology is inviting applications for all its academic programmes.
Google is building voice and text search for over 100 Indian languages and will spend $75 million to support women-led startups in the country, said its CEO Sundar Pichai at the start of his visit to India - a nation that he saw as a big export economy. India, he said, will be a big export economy and it needs to create a balance between safeguarding citizens and enabling companies to innovate with its framework. Pichai first met Telecom and IT Minister Ashwini Vaishnaw and spoke at a Google for India 2022 event before calling on Prime Minister Narendra Modi.
After a sharp outperformance in the mid-and small-cap segments in the first half of calendar year 2023 (H1-CY23), analysts are now turning cautious on these two market segments and suggest investors stay selective and look for valuation comfort and earnings visibility before investing. The S&P BSE Midcap index has surged 13.7 per cent in H1-CY23, and the S&P BSE Small-cap index gained 12.7 per cent during this period, data shows. The S&P BSE Sensex, in comparison, has moved up 6.4 per cent.
Rajyavardhan Singh Rathore has shot off a letter to the Lok Sabha Speaker against Shashi Tharoor for speaking in public about his intention to summon Facebook officials without discussing the matter first in the parliamentary committee the Congress leader heads.
Whenever there is an evaluation scheme, it is human tendency to score as high as possible. None would like to highlight their shortcomings, and everyone likes to highlight their positives. This is what is happening in this context of rankings as well, points out Profesor N Ravichandran.
More than 70 per cent of Indian youth aged between 15 and 29 can't!
'Markets could face uncertainty in the short to medium term.' 'It would be prudent to invest in alternative asset classes, especially debt, for about a year.' 'Bank fixed deposits are offering rates as high as 9 per cent per annum and these can be used as a great hedging tool until equity markets stabilise.'
Three countries share a common interest in warding off cyber attacks from various agencies PLA is developing and training in China.
The statements on Joshimath are creating confusion not only among affected residents but also among citizens of the country.
The Madras high court on Thursday convicted a well-known Youtuber, A Sankar alias 'Savukku' Sankar, for criminal contempt and sentenced him to six months' imprisonment.
The case was registered 47 days after Solanki allegedly ended his life by jumping off a building on the IIT Bombay campus in Powai on February 12.
An aggressive rate hike by the US Fed and the possibility of a recession can trigger a slide in these stocks, which will be a good opportunity to buy from a long-term perspective.
IIIT-A has been working on Effective Human Robot Interaction Technology, which enables robots mimic human beings' interaction with each other for quite some time. The researchers are of the view that it would enable robots being acceptable for wider application areas like identification of criminals and terrorists.
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.
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.
Investors may take a 5 to 10 per cent exposure to silver. 'Have a long-term investment horizon when investing in silver ETFs to ride out short-term market fluctuations.'
PEs and VCs are taking a closer look at their bouquet of investments. Leading voices in the sector are categorical that cash-burn rates -- that's blowing up equity to acquire market share -- as a business model can't continue to be the polestar.
Google unveiled on Wednesday a slate of artificial intelligence (AI) tools and technologies for Indian developers at its first I/O Connect event for India, being held in Bengaluru. The company made accessible for Indian developers its faster, more accurate large language AI model accessible through PaLM API, Makersuite, as well as features on Google Cloud's Vertex AI. Google Cloud officially launched a new initiative in collaboration with Open Network for Digital Commerce (ONDC), under the Department for Promotion of Industry and Internal Trade, to help sellers build and scale commerce platforms across the country.
The tax department will analyse mismatches in income declarations and spending patterns to trace tax evasions and black money.
Meet Fathima Shabana who's cleared her JEE (Main) and wants to study computer science from an IIT.
Hari Balakrishnan, an Indian-origin MIT professor, has received the prestigious Marconi Prize for his fundamental discoveries in wired and wireless networking, mobile sensing, and distributed systems.
BTech programmes from Nirma University
Last year, placements at the engineering institutes were relatively subdued due to the slowdown in the economy. Many Tier-I and -II IT companies skipped campus visits. As a result, even the premier Indian Institutes of Technology (IITs) were able to achieve only 75-80 per cent placements. And many students had opted for higher studies or jobs in teaching.
The National Institute of Technology-Calicut (NITC) has issued a communication to the students informing them about banning public display of affection inside its campus, saying that it can affect others in a number of ways.
India has voiced deep concern over the deteriorating security situation and large-scale loss of civilian life in the ongoing Israel-Palestine conflict, urging the parties to work towards creating conditions necessary for peace and restarting direct negotiations through de-escalation and ending violence.
Prime Minister Narendra Modi on Saturday announced the adoption of the New Delhi Leaders Declaration, a significant victory for India's G20 presidency that came amid increasing tensions and divergent views over the Ukraine conflict.
