Automotive (auto) and auto ancillary stocks have been in the fast lane thus far in 2023-24 (FY24), with the National Stock Exchange Nifty Auto Index surging nearly 27 per cent, outperforming the Nifty50, which has gained roughly 11 per cent during this period. The top-gear performance of auto stocks at the bourses, according to A K Prabhakar, head of research at IDBI Capital, has been triggered by the premiumisation of products across vehicle manufacturers, which has seen vehicle sales remaining relatively stable. "It is not about higher sales figures now, but about premiumisation.
Former Karnataka chief minister S M Krishna, noted industrialist Kumar Mangalam Birla and famous playback singer Suman Kalyanpur were given Padma awards by President Droupadi Murmu at a ceremony at the Rashtrapati Bhavan on Wednesday.
The BJP took into consideration caste and regional aspirations while picking ministers in a bid to further consolidate its hold over the politically crucial state which sends the maximum of 80 members to Lok Sabha.
'Later, I asked Hrithik how he could have remained so calm in the circumstances. He told me simply, "What could have happened? At the most, they would have killed me".'
He takes over the CBI in challenging times. The perception is that the agency is reduced to being an instrument of blackmail and intimidation by successive governments.
But SRK's heavily bandaged look is making Sukanya Verma think about all the crazy, funny ways Bollywood has treated a means of dressing an injury.
The governor's move has been welcomed by a large segment of the Indian-American community who were opposing the bill.
The wrestlers protesting at the Jantar Mantar, about two kilometres from Parliament, said that they will go ahead with their 'Mahila Mahapanchayat' near the new building at any cost.
'When Chintu told me about his plans to go to Delhi in February for a wedding, I advised him against it.' 'But he still went, and had a relapse.'
Most Indians have acquired hybrid immunity which means immunity developed through vaccines and also natural infection protecting them from different COVID-19 variants.
'Very few of small investors stay invested for those three or four or five years.' 'If there's like a six month, one-year period when market is not doing well, you exit.' 'After the market has run up, you get in again.' 'This way you will never make returns.'
As the world celebrated International Day of Persons with Disabilities (PwD) on December 3, corporate India has kept up with efforts to make workplaces more inclusive and accessible. Organisations across sectors are taking initiatives such as equipping offices with practical work tools like Braille-friendly and voice-enabled lifts and screen readers. While inclusion has gained pace, only 11.3 per cent (or 3.4 million out of 30 million) Indians with disabilities have jobs.
'Three decades of intensive discussions, protocols and Confidence Building Measures were jettisoned one fine morning in 2020.' 'The primary lesson that has been learnt is that that there is no reliability about the Chinese.'
Passed by a voice vote, the Himachal Pradesh Freedom of Religion (Amendment) Bill, 2022, also bans "mass conversion" - described as two or more people converting at the same time - through force or allurement .
Cyclone Biparjoy has left a trail of destruction in Gujarat's Kutch and Saurashtra regions as some 1,000 villages are still without power with hundreds of electric poles getting damaged, while several coastal villages were flooded due to heavy rains and incoming seawater, officials said on Friday, a day after the storm made landfall.
The magnificent Jat community has taken his tears to its heart, observes Sudhir Bisht. In Tikait, they see their late leader's son, the son of their doughty farm leader Mahendra Singh Tikait, says Dr Sudhir Bisht.
Assistant Sub-Inspector Rakesh Chaudhury has been posted at Delhi's Lodhi Crematorium where he has helped in the cremation of around 1,300-1,400 bodies, many of those being of Covid-19 patients
But the industry's chief executives remain confident of the long-term growth potential of NBFCs in India, given their specialised lending on the asset side, last-mile reach, and a well-capitalised balance sheet. "Over the years, NBFCs have faced many crises.
The arrest of Shiv Sena MP Sanjay Raut in a money laundering case by the Enforcement Directorate (ED) was "illegal" and a "witch-hunt", a special court in Mumbai said on Wednesday while granting him bail in the Patra Chawl redevelopment matter.
Urging all farmers across India to send one member of their family at Delhi borders to participate in the protest, Swaraj India chief Yogendra Yadav on Friday said the agitation against the three farm laws is not over.
'We hear about Chanda Mama from our childhood.' 'I am excited by the idea of seeing it with my eyes.'
Ranbir Kapoor plays father and son in Shamshera, and Joginder Tuteja looks at actors who have got the father-son tuning right.
Celebrating the Thalaiva's birthday.
The Union government on Monday barred the telecast of Malayalam news channel MediaOne citing "security reasons", but the Kerala high court stayed the implementation of the order for two days.
Anshu Kumar, 21, son of government school teachers from a village in Bihar, won the President's Silver Medal at the NDA. He commanded the grand passing out parade and will go on to join the Indian Navy.
Parliament has cleared the Mines and Minerals (Development and Regulation) Amendment Bill, 2023, recently. The objective of the Act is to invite investments from the private sector, including foreign companies, for mining minerals such as lithium and other critical minerals. Other than lithium, some of these minerals were classified as atomic minerals, including beryl and beryllium, niobium, titanium, tantalum and zirconium.
Shedding its opposition, the Bar Council of India (BCI) on Wednesday took a significant decision to permit foreign lawyers and law firms to practise in areas such as foreign law, international legal issues and arbitration matters, saying that the legal fraternity here may be left behind if it sleeps over the matter.
As the fire at a Bhandup mall which claimed the lives of nine COVID-19 patients admitted at the hospital in the same building was finally doused on Saturday, a case has been registered against HDIL promoter Rakesh Wadhawan and five others for 'culpable homicide'.
In January, Visa's chief executive officer, Al Kelly, said during an earnings call that "there's been a burst of the balloon in valuations in the fintech world". Noting that the trend of lower valuations "is a helpful characteristic of the current environment", he added: "We will look for capabilities and management teams that will bring more value to Visa than we can bring ourselves." Data from KPMG's Pulse of Fintech H2'22 shows that global fintech investment - via mergers and acquisitions (M&As), private equity (PE) and venture capital (VC) firms - at $164.1 billion in 2022, was down 31 per cent over the year before. Indian fintechs held up better during this timeframe, attracting $6 billion, or a fall of 24 per cent.
Politicians and Twitter warriors around the globe have a new buzzword among them: Net zero. Everyone appears to be keen to state their commitment to net zero, with India providing an outlay of Rs 35,000 crore to achieve energy transition and net-zero objectives in its Budget for FY24, even as the latest and final report by the United Nations' Intergovernmental Panel on Climate Change (IPCC) warned that current efforts are not enough to curb global warming. A number of small factory owners and businesses, however, have pointed out that the transition to net-zero emissions will cost them hugely.
While we wait to see just how good Brahmastra is and how well it does at the box office, Joginder Tuteja looks at how sci-fi movies have done in recent times.
The entry of the 152-members three NDRF teams and six canines into the disaster zone was swift, and their exit "moving and emotional".
Of the 788 candidates contesting 89 seats in the first phase of Gujarat Assembly polls, 211 are 'crorepatis', with the ruling Bharatiya Janata Party accounting for 79 such nominees, the Association for Democratic Reforms (ADR) said in a report on Thursday.
Tikait says PM Modi was supporter of MSP law when he was CM
In view of the festival season, Delhi Police Commissioner Rakesh Asthana has instructed DCPs to renew emphasis on anti-terror measures, enhance police visibility on the ground and intensify night patrolling across the national capital, officials said on Sunday.
He would be the first non-Jammu and Kashmir cadre officer to be posted in Srinagar after the cadre was merged with the Assam, Goa, Mizoram and Union Territory (AGMUT) cadre following the bifurcation of the erstwhile state into the union territories of Jammu and Kashmir, and Ladakh on August 5, 2012.
Suheldev Bhartiya Samaj Party chief Om Prakash Rajbhar on Wednesday said there would have been no Partition had Mohammed Ali Jinnah been made the first prime minister, adding to the row on a remark by Samajwadi Party supremo Akhilesh Yadav.
'A flower garden is being created on the Delhi-Dabur Tiraha road. This will cover the dirt lying on road stretches, and also emanate fragrance and improve the environment around'
Those on H-1B visas have to find a new job within 60 days or head back to India.
'Returns can be very variable in equity markets.' 'That is why I tell small investors don't put 100 per cent of your money in equities, even if you are young.'
