Stocks of public sector undertakings (PSUs) have been on fire in the past year as investors cheered an improvement in key operating metrics and embraced counters of these state-owned enterprises, analysts suggest. The S&P BSE PSU Index has gained over 90 per cent in the past year, rising much higher than the S&P BSE Sensex, which has rose nearly 19 per cent during this period, according to ACE Equity data. The BSE PSU Index, reports show, has delivered a compound annual growth rate (CAGR) of 28 per cent (including dividends reinvestments) over five years and risen by almost 60 per cent in the past year.
'If not, we can become frighteningly chaotic, more chaotic than what we are today.' 'In today's environment in the country, we still have a window of opportunity.'
Even as banks and finance companies are reporting record-high earnings, their weighting in the benchmark National Stock Exchange Nifty50 Index has seen a downward trajectory. Investors expect a stronger performance from other sectors in the new year. Currently, banking, financial services and insurance (BFSI) companies collectively hold a weighting of 34.5 per cent, down from 36.7 per cent at the end of December 2022 and a record high of 40.6 per cent at the end of December 2019. This represents the sector's lowest weighting in the index since December 2021 when it stood at 33.7 per cent.
Dr Shreekant Sambrani pays tribute to M S Swaminathan, renowned agricultural scientist and a lifelong crusader against hunger who passed away in Chennai recently.
'A veiled secret of India's defence and strategic culture is the lack of a serious interest in them by the political class. The Indian National Defence University would fill this void,' feels Lieutenant General Anil Chait (retd).
The Andhra Pradesh government is considering taking the assistance of space agencies Indian Space Research Organisation and National Aeronautics and Space Administration to trace the 17 missing engineering students from Hyderabad who were swept away in Beas river after sudden release of water from a reservoir.
'English must be taught extremely well to all children in all schools, and especially so in those schools where the medium of instruction until Grade 5/8 is in the mother tongue/local language/regional language.'
The administration started preparing for the demolition of two precariously standing hotels in subsidence-hit Joshimath in Uttarakhand on Tuesday, but faced protests from their owners and locals on the issue of compensation, while more families were evacuated from the danger zone as the number of affected houses rose to over 700.
The aptly named Comet Lovejoy contains ethanol and the simple sugar glycolaldehyde, researchers report online October 23 in Science Advances. This is the first time these complex organic molecules have been detected on a comet.
About 21 per cent Indians born between the mid-1990s and mid-2010s say a potential partner not aligning politically with them is a dating red flag.
The announcement comes two days ahead of the proposed historic launch of the ISRO's 100th satellite along with 30 others in a single mission from Sriharikota.
Connecting with people is the first step to creating greater awareness for the brand and that in turn, believes ISRO chief K Sivan, will translate into the institution becoming a place that people want to work in.
A division bench of Chief Justice D K Upadhyaya and Justice G S Kulkarni said while it was not going to order a ban on bursting of firecrackers, a balance needs to be struck considering the deteriorating air quality index (AQI) in the metropolis.
Why a new study suggests you wear a face mask when you speak to anyone.
United States space agency NASA said it would launch a water-related satellite in collaboration with India's ISRO.
The Opposition MP pointed to a set of changes taking place in India that had caught the Congress and UPA government off guard, such as a shift from rural to urban.
India's successful launch of its Mars mission has been described by the mainstream American media as "technological leap" and "a symbolic coup" against China in this field.
"This warming trend is alarming," said NASA Administrator Bill Nelson.
Following her spat, 'Aunty National' Irani took to Facebook to speak out against her detractors. Here's the Facebook post in response to her critics which Rediff.com represents verbatim:
Mission Shakti 'shows the development within India's military space programme, its desire to be seen as a global space power and its recognition of the potential dangers of China's counterspace programme.'
Third of faculty positions vacant. One per cent seats empty. New institutes lag in infrastructure, research.
All opposition parties should come together to get rid of the BJP-led NDA government to ensure "Modi-mukt Bharat", he said, reminding the audience of BJP's "Congress-mukt Bharat" slogan.
Scientists also expressed the hope that any technical problem will be sorted out by ISRO, and the mission will be launched successfully.
'When resources are few; when frugality demands repairing a broken thing rather than replacing it with a brand new and expensive option, enterprising commoners in rural and urban India improvise on a daily basis and solve their problems with whatever they have,' observes Shivanand Kanavi.
Is it possible to extend lifespans to, say, 120 years, or longer, asks Devangshu Datta.
'An earthquake of a slightly higher magnitude in the Western Himalayan region is going to be catastrophic -- not just because of the fragility of the region but because of how densely we have occupied it.'
The HRD minister also claimed that Charaka Rishi, hailed as one of the principal contributors of Ayurveda, was the first person who researched and discovered atoms and molecules.
The National Institutional Ranking Framework (NIRF) has released a list of top Indian universities across categories.
The state doesn't only have religious and spiritual significance, but also electoral significance as it is the last Yoga Day celebrations before the 2019 Lok Sabha polls, reports Archis Mohan.
Work on building a pilgrimage facilitation centre and other utilities in Ayodhya's Ram temple complex has started, with 'darshan' of Ram Lalla expected to open in December 2023, according to a senior official of the construction committee.
Having reached the Red Planet, ISRO can now focus on getting humans in space and secure the resources to do it
"For the next 25 years we need to focus on the five resolves - developed India, removing every trace of bondage from our mind, taking pride in our glorious heritage, unity, and fulfilling our duties," he said.
Mangalyaan has been named among the best inventions of 2014 by Time magazine which described it as a technological feat that will allow India to flex its "interplanetary muscles."
Addressing a summit in Varanasi on the implementation of the National Education Policy, Modi said the system should not just produce degree-holders but provide human resources needed to take the country forward.
Former India cricket captain Bishen Singh Bedi said the appointment "defies all logic".
Rocket Boys offer an overwhelming experience to me and many others who saw Homi Bhabha in action at Trombay, observes Dr K S Parthasarathy, former Secretary, Atomic Energy Regulatory Board.
The exhibition of artefacts -- in physical and digital formats -- will be done on the same floor level where the leaders' meetings will take place, and they will walk through this 'cultural corridor' while moving into and out of the summit room, official sources said.
India and France on Friday signed 17 agreements, including on the stalled nuclear project in Jaitapur in Maharashtra, after Prime Minister Narendra Modi held wide-ranging talks with French President Francois Hollande.
India's Mars Orbiter Mission is slated to be launched on October 28 after a national committee of experts gave the go ahead for the Rs 450 crore ambitious venture after threadbare deliberations.
'India will want a lot of help from the US, but it's not going to want US troops.'
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