The recent price correction in broader markets has hit cement companies hard. So far in the current month, smallcap firms like Visaka Industries, Andhra Cements NCL Industries, Sahyadri Industries, and KCP have lost 19.7 per cent, 14.3 per cent, 13.8 per cent, 13.5 per cent, and 11.5 per cent, respectively. On the contrary, largecap companies, while registering losses for the month, have seen a softer blow.
Indian agencies have been engaged in countering Pakistani cyber-attacks on social media platforms for a very long time. But just like the fight against the coronavirus, only through the active participation of ordinary citizens that this war on fake news can be won, suggets Colonel S Dinny (retd).
'The 4th meeting of the leaders of INDIA parties will be held on Tuesday December 19th, 2023 in New Delhi at 3 pm,' Congress general secretary Jairam Ramesh said in a post on X on Sunday.
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.
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.
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On the Opposition's poll promise of statehood restoration, Shah said, "I want to ask Farooq Abdullah and Rahul Gandhi, who is going to restore the statehood. You cannot give it back. Why are you misleading the public?"
French organisers turned Paris into an open-air Olympic playground where everyone was invited, with or without a ticket.
Paytm, the country's leading fintech player which had to shut its payment bank business following regulatory action, is revisiting its business strategy including partnership with lenders. Also, the company's founder and chief executive officer (CEO) Vijay Shekhar Sharma has decided to oversee the day-to-day operations with all the major verticals reporting directly to him now. "The thing on top of everyone's agenda is getting the core businesses back on track," a person in the know said.
As the United States focuses on the Indo-Pacific, in particular the Quad, the Biden administration needs to address India's ties with Russia and its 'downward trend of democratic values and institutions', said a report by the Democratic Party of the Senate Foreign Affairs Committee.
World Championships silver medallist Amit Panghal qualified for the Paris Olympic after defeating China's Chuang Liu in the 51kg quarter-finals of the second World Qualification Tournament in Bangkok on Sunday.
The Congress should take the lead in resolving differences of opinion within the Indian National Developmental Inclusive Alliance (INDIA) and show 'large-heartedness' in seat sharing to emerge as a viable alternative to the Bharatiya Janata Party in upcoming elections, according to some opposition leaders.
Prime Minister Justin Trudeau has said Canada is 'very serious' about building closer ties with India as it is a growing economic power and important geopolitical player, but wants New Delhi to work with Ottawa to ensure that they get the full facts about the killing of Hardeep Singh Nijjar.
'The focus of the legislation will be to minimise user harm and increase the accountability of platforms, while also promoting innovation.'
Few finance ministers announce any taxation measure that could upset the stock market. Ms Sitharaman decided to take that risk, observes A K Bhattacharya.
Long-term investors should never stop their SIPs during market corrections.
'Sebi had no problem with derivatives until trading exploded after Covid.' 'But now, having built a dangerous road, from which different entities, mainly governments, are extracting a heavy toll, Sebi is concerned that people are driving on it in much greater numbers,' explains Debashis Basu.
Among index funds, the most popular products are funds tracking the Nifty 50 and Sensex, says Dwaipayan Bose, and explains the finer points of selecting the right index mutual fund.
'The world is watching carefully. The choices India makes today have consequences beyond its borders.'
Debutant Akash Kumar (54kg) secured India's first medal at the AIBA World Boxing Championships in Belgrade on Tuesday after advancing to the semi-finals with a superb win over former Olympic silver-medallist Yoel Finol Rivas of Venezuela.
Defence Minister Nirmala Sitharaman and her American counterpart James Mattis reviewed ongoing initiatives to further strengthen bilateral defence cooperation.
Leaders of the West Bengal Congress unit, which has an alliance with the CPI-M-led Left Front in the state, were seen welcoming the Left leaders.
Congress president Mallikarjun Kharge on Friday asked Union Home Minister Amit Shah why he was not giving a statement in Parliament on the security breach issue but was giving interviews to TV channels.
India's other gold medals came in 1966 and 1998, both times in Bangkok.
Dwaipayan Bose on how index funds play a key role in the diversification of portfolios and help manage risks
'The committee has been constituted. Different government departments and FSDC members are part of it.'
'They are trying hard to get Virat Kohli to come back because the series is missing him.'
'Garm Hava understands that the scorching, hate-filled, doubt-filled affair between Hindus and Muslims is our national love affair.' Sreehari Nair revisits M S Sathyu's classic film, featuring the incomparable Balraj Sahni at his finest in his final role.
Investors should view the increase in the LTCG tax rate in conjunction with the increase in capital gains exemption from Rs 1 lakh to Rs 1.25 lakh, which will provide some relief.
The crises of the 21st century, 9/11, the economic meltdown, COVID-19, Russia-Iran war and the Hamas-Israel war seem to be never ending. In this situation, Iran might be contemplating a nuclear deterrent to defend itself, observes Ambassador T P Sreenivasan, the distinguished long-time Rediff contributor who turns 80 on June 17..
Aman, who is Asian Games bronze medallist and Asian Championships title winner, is confident that he will be in reckoning for a medal at the Games.
Ramalingam Kalirajan explains the pros and cons of both investment types.
Terrorism has to be fought at its root of origination. Today we are just removing cobwebs but not killing the spider, asserts counter-insurgency expert Brigadier Narender Kumar (retd).
Top government officials in New Delhi have started discussions with stakeholders ranging from shipping and container companies to export promotion councils to understand the impact of the Iran-Israel tensions and plan ahead. Inter-ministerial talks are also being lined up amid the crisis situation in West Asia, sources confirmed. While the crude flows are not directly under any threat, elevated oil prices remain a concern, according to officials.
US technology company NVIDIA and billionaire Mukesh Ambani's Reliance Industries on Friday announced a partnership to build AI supercomputers in India. "The companies will work together to build AI infrastructure that is over an order of magnitude more powerful than the fastest supercomputer in India today," the firms said in a statement. Days before the announcement, NVIDIA founder and CEO Jensen Huang met Prime Minister Narendra Modi on Monday.
'While every year presents new challenges, it also provides opportunities for better growth and performance.'
Playing against high-ranked and experienced opponent in Lee Ka Yi, the 15-year-old Anahat tried her best.
According to the TMC, the momentum built by the INDIA bloc over three successful meetings has dwindled in the last few months due to inactivity, with the Congress preoccupied with elections in three states.
Recently, the government relaxed foreign direct investment (FDI) norms for the space sector by allowing 100 per cent FDI in manufacture of components, systems or sub-systems for satellites, ground segments, and user segments. It also permitted 74 per cent FDI in satellite manufacturing and operation as well as satellite data products and 49 per cent in development of launch vehicles and spaceports. Following this, stocks of related companies saw an uptick on the bourses.
'Post the pandemic, when India is turning a new leaf in its economic policy with an eye on foreign capital and global supply chains that are likely to leave China, heightened tensions on the India-China border creates an atmosphere of uncertainty,' observes Virendra Kapoor.
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