Shares of public sector enterprises have corrected by up to 22 per cent month-to-date until March 19, 2024. Analysts attribute this steep fall to the valuation exuberance seen after a sharp run in these counters last year and suggest investors remain selective regarding the stocks in this space. "The rally in public sector undertaking (PSU) stocks has been stretched and sharp, although it is somewhat justified by improvements seen in earnings, operations, balance sheets, and overall profitability.
The 18-year-old also created history as he surpassed the legendary Viswanathan Anand to take the No 1 spot among Indian chess players in the live ratings.
rediffGURU Sunil Lala answers your personal finance-related queries.
The men with guns tend to know little finance, and establishing such a conspiracy then involves leakage of information, which is also dangerous, Ajay Shah points out.
'Rohit is undoubtedly skilled, yet a surge in aggression is essential.'
India's historical focus on its continental borders has overshadowed its maritime ambitions, but that is changing quickly, notes Ajai Shukla.
The slowdown in private consumption in the economy is taking a toll on the growth of fast-moving consumer goods (FMCG). The net sales growth of listed FMCG companies hit a 14-quarter low of 2.5 per cent in October-December 2023 (Q3FY24). This is the lowest revenue growth for the industry since the June 2020 quarter, when the FMCG firms in the Business Standard sample had reported a 13.2 per cent Y-o-Y decline in combined net sales owing to the lockdown.
The meeting was attended by National Security Advisor Ajit Doval, Chief of Defence Staff General Bipin Rawat, Army Chief General M M Naravane, Navy Chief Admiral Karambir Singh and Indian Air Force Chief Air Chief Marshal R K S Bhadauria.
The elections will begin on April 19 followed by subsequent phases on April 26, May 7, May 13, May 20, May 25 and June 1.
In the 15-year dataset, the researchers noted an average of 7.8 incursions per year even though the Indian government's estimates are much higher.
Speaking about the issue in India in March 2012 at a media conclave, Kissinger defended his use of unparliamentary language while referring to Prime Minister Indira Gandhi.
India and China recently held a fresh round of high-level military talks to resolve the border row that witnessed both sides agreeing to maintain "peace and tranquillity" on the ground but there was no indication of any breakthrough.
'Historically, equities have consistently outperformed debt, gold, property, and other assets over a reasonable period.'
In the 28th minute, Pakistan too got a penalty corner, their third, but they again failed to stop the push and wasted a bright chance.
'Our equations with China require engagement and not confrontation; its interfaces with Pakistan and with some other South Asian neighbours also add to the complexities,' says Vice Admiral Premvir Das (retd).
Blinken will also attend a meeting of the foreign ministers of the Quad grouping and will hold bilateral talks with his Indian counterpart S Jaishankar in Delhi.
Solicitor General Tushar Mehta, the Centre's key counsel in defending the abrogation of Article 370 of the Constitution, said on Monday the Supreme Court verdict upholding the government's August 5, 2019, decision will go down in history as the one that corrected a "Himalayan constitutional blunder" of gigantic proportions.
The coming together of the Quad and the Australia-UK-US grouping would be a formidable adversary, moving toward the creation of a 'thousand ship navy' that reins in the PLA navy in the Indo-Pacific.
Layoffs, corporate restructuring, governance and most importantly profitability: The 14 Indian startups that plan IPOs this year are pulling out all the stops to ensure successful market debuts.
The Musharraf episode in the recent history of the subcontinent has convinced many realists in India that the hope of establishing peace with Pakistan is like accepting a dinner invitation from cannibals and expecting to live to tell the tale, points out Colonel Anil A Athale (retd).
'We suggest an equity strategy of 5% to 10% exposure to cash, 5% to Gold ETF, close to 50% to Sensex/Nifty/large mid-cap stocks.'
'Higher valuation remains the only spoiler for equities.'
'Huge disappointment that we did not qualify for our third consecutive Olympics'
Rohit and Shubman Gill took charge of the South African new-ball bowler duo of Lungi Ngidi and Marco Jansen and unsettled their rhythm.
The Inter-Services Intelligence (ISI), which trained a batch of Assam's United Liberation Front of Asom (ULFA) militants in 1991-92, considered the rebel group's chief Paresh Baruah a prize catch and did not want to offend him even after he was unwilling to take the agency's commands on conducting operations in the northeastern state, claims a new book.
The number of frauds in the banking sector during the first half of the current financial year has increased substantially to 14,483 cases, although the amount involved is only 14.9 per cent of the previous year's amount, according to a RBI report. The report on Trend and Progress of Banking in India 2022-23, underlined the need to protect the banking system and the payments system from the risks of fraud and data breaches emanating from cyber threats. As many as 14,483 frauds were reported involving an amount of Rs 2,642 crore in the first half of current financial year, as compared to 5,396 cases (Rs 17,685 crore) in the same period a year ago.
All things taken into consideration, the Taliban statement on Kashmir portends trouble ahead. The Taliban is notorious for doublespeak and when it says there is no link between the Kashmir issue and the Afghan settlement, the opposite must be taken into account as well, points out Ambassador M K Bhadrakumar.
The benchmark National Stock Exchange Nifty has rallied 4 per cent, or 750 points, from this month's low to end at 19,732 on week ending November 17. Technical analysts say the market could consolidate around the current levels as it is nearing the resistance zone. "The near-term uptrend status of the market remains intact, but there is a possibility of some more consolidation or minor weakness for the Nifty in the next one to two sessions.
The United States is working with India to deepen defence co-operation as part of its new rebalancing strategy in Asia which is not aimed at containing China, a top Pentagon official has said.
Two powerful US Senators have urged President Joe Biden not to impose provisions of the punitive Countering America's Adversaries Through Sanctions Act against India for buying the S-400 surface-to-air missile system from Russia.
There are always attempts from across the border to push in more terrorists before the onset of winter and closure of tracks due to heavy snowfall, but the security forces are alert and would foil any infiltration bids, Border Security Force Director General Nitin Agrawal said in Srinagar Thursday.
'As part of our D33 strategy, the plan is to establish 30 unicorns in Dubai within the next 10 years.'
The Indian troops guarding the nearly 3,500-km Line of Actual Control (LAC) maintained an assertive approach in sync with the broader national security doctrine and procured a variety of military platforms and weapons to enhance their combat capabilities.
'However, we have seen weakness in our active pharmaceutical ingredients business.'
He should have played ahead of Shardul Thakur and Prasidh Krishna in the Test series opener against South Africa but when Mukesh Kumar finally got his chance at Newlands, the Indian team realised what exactly it missed during the mauling in Centurion.