CYCLE
Watch Dutch PM Mark Rutt leaves PMO on bicycle after serving for 14 years, handing over power to his successor Dick Schoff
In the Netherlands, Mark Rutte departs after 14 years as Prime Minister, handing over to Dick Schoof, who assumes office without party ties. Rutte moves on to NATO, while a new far-right government under Geert Wilders promises change after a pivotal election. Schoof's focus on immigration marks a notable shift in Dutch policy, following a lengthy coalition formation.
Tour de France updates: Here is a look at Mark Cavendish' cycling setup worth £180,000
Mark Cavendish is one of the leading cyclists in the global circuit currently and has thousands of dollars worth of cycling equipment which are pivotal in his record-breaking performances in cycling tours, including the ongoing Tour de France 2024.
PSU banks will continue to ride on strong loan growth & benign credit cycle in FY25: Rahul Malani
PSU banks are currently showing strong loan growth compared to private peers. PNB reported a significant increase in loan growth from the previous quarter. According to Rahul Malani of Sharekhan, analysts foresee a positive trajectory for PSU banks driven by solid loan growth and a favorable credit environment in FY25.
L&T using generative AI to enhance processes across project lifecycle, says MD Subrahmanyan
To fuel this innovation, L&T has launched a collaborative platform connecting aspiring data scientists with domain experts and technology champions to develop cutting-edge, future-proof solutions, S N Subrahmanyan said during 79th Annual General Meeting.
What made Nomura turn bullish on Indian IT sector? Abhishek Bhandari answers
Nomura's bullish stance on Indian IT credits G2000 data stabilization, benefiting midcaps like Persistent, Coforge, and Birlasoft. Wipro's new CEO Srini stabilizes leadership and growth. Discretionary cuts stabilize; US rate cuts expected. Coforge-Cigniti deal boosts testing. Annuity-driven businesses grow. Banking portfolios, large deals vital. FY24 saw midcaps grow 10%+. QoQ growth set to improve.
Can the bull run continue or should you be concerned? Ajay Khandelwal explains
Ajay Khandelwal says expecting between 5% and 7% earning growth in large-cap IT companies, but certain businesses in midcap IT will grow even more than 15% to 20%. At this point, we have allocation in our large and midcap and our multi-cap. But in terms of smallcap, we do not have IT allocation.
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PM Modi taunts Rahul Gandhi in Lok Sabha as a kid who fell from cycle and scored 99/543; calls him 'Baalak Buddhi'
Prime Minister Narendra Modi mocked Rahul Gandhi by likening him to a child who is praised after falling off a cycle and boasting a score of 99. This came after Gandhi accused the BJP and RSS of promoting violence during a Lok Sabha debate, sparking protests. Modi and other BJP leaders criticized Gandhi, demanding an apology, while parts of his speech were expunged.
Tour de France 2024: How to watch in US, live streaming options, a complete guide
Tour de France 2024 will be a 21-day endurance test for cyclists in the toughest terrains of France, with participation of some of the top cyclists from across the globe, battling it out for glory. Here's how you can catch all the intense action live, right from the United States.
Incomplete transmission of policy rates could delay reversal of rate cycle by RBI
RBI faces challenges in rate transmission due to incomplete hikes. Banks show varied transmission rates. Governor Das stresses effective transmission. Rate cuts may come post-October with clearer risk insights.
India Ratings pegs bank credit growth at 15.4% for FY25
India Ratings has forecasted a 15.4% loan growth for banks in FY25. The rating agency believes a turnaround in private capital expenditure could alleviate any pressure on overall credit growth during the fiscal year.
Did Sun's UV radiation cause Neptune clouds to vanish? Will it affect Earth? Know in details
The Hubble Space Telescope observed a significant reduction in Neptune's cloud cover. Researchers discovered that solar UV radiation influences cloud formation on Neptune, highlighting the need for further study.
Fiscal discipline key to India's growth prospects: Sanjay Nayar
So, we will have to also think about how we channel the energies towards more advanced and more modern techniques and technology, because that is what we need right now.
Brokerage View: Chemical stocks ripe for fresh up-cycle
“These stocks have either reversed from a long-term support or made a multiyear breakout retest which make them quite safe as compared to the stocks which are witnessing a breakout which can fail if the markets correct,” said InCred’s VP, Gaurav Bissa, in a client note.
New NPS investment option Balanced Life Cycle Fund to help you build bigger retirement corpus; PFRDA to launch it in July-September
NPS Balanced Life Cycle Fund by PFRDA: The NPS auto choice option is suitable for those NPS subscribers who find it difficult to decide when and how much to invest in each asset class. As the equity exposure reduces each passing year, the NPS subscriber does not need to manage the allocation according to the risk appetite actively. Now the equity exposure in the Balanced Life Cycle Fund has been increased till the age of 45. So several young NPS customers will benefit from it.
Fund Manager Talk | PSU stocks in 3 sectors offer value for long-term investors: Charanjit Singh, DSP Mutual Fund
We expect the Government to remain focussed on infra investment even during the third term. Since FY21, the government has focussed on building infrastructure with central government expenditure rising from 1.7% of GDP in FY21 to 3.3% of GDP in FY24.
PFRDA to introduce new life cycle fund option by September
Life cycle fund provides an option of investment to subscribers and allocation of equity and debt depends on the option chosen by them. There are different investment choices (Auto/Active) for tier-1 and tier-2 National Pension Scheme (NPS) accounts.
Karnataka BJP protests fuel price hike with cycle jatha, party workers detained
Karnataka BJP has staged a 'cycle jatha' in various locations across the state to protest the state government's hike in fuel rates. Workers in Bengaluru were detained midway, calling the detention unconstitutional. The party accused the government of suppressing protests and urged the people to revolt against the government.
Car dealers feel the load as sales slow, inventory piles up
Passenger vehicle makers seek a 90-day credit cycle extension from auto financiers due to pressure in retail and sales channels amid slowing sales.
What will happen when Sun's magnetic field flips? How will it affect Earth? Will it be dangerous? This is what NASA has said
National Aeronautics and Space Administration or NASA has said in an article published on its official website that measurements from NASA-supported observatories suggest that the sun’s vast magnetic field is about to flip. What does it mean?
What is Lunar standstill? Dates, calculator, cycle and it’s connection with Stonehenge
A major Lunar standstill is taking place this year almost after 18 years. The last major lunar standstill was seen in the year 2006.
Uncovering Mars' frosty secrets: How water behaves on the Red Planet
Scientists have discovered frost on Mars' Olympus Mons volcano, indicating a sparse yet active water cycle on the Red Planet. This phenomenon challenges previous assumptions about frost formation near Mars' equator due to its thin atmosphere and intense sunlight. Using data from Mars orbiters, researchers found that frost forms briefly each morning during colder seasons in the Tharsis volcanic region. This finding, involving meticulous analysis spanning five years, suggests a unique water activity cycle on Mars with implications for future exploration missions.
Three meme coins to not miss in the upcoming bull cycle
Meme coins like PlayDoge, Sealana, and Base Dawgz are trending in the crypto market. PlayDoge offers a nostalgic 90s Tamagotchi experience with a DOGE twist. Sealana raised $3M in presale, targeting quick gains. Base Dawgz combines dog themes with Base blockchain for speculative growth.
Winning and losing
The article discusses the concepts of winning and losing in life, highlighting the transient nature of victory and defeat. It emphasizes the duality of success and failure, and the ego's attachment to winning. Swami Vivekananda's perspective on giving and receiving is also mentioned.
Leading Indian hedge fund Avendus Capital sees banking as a top bet
Avendus Capital CEO Holland uncertain about pre-budget rally, mentions potential capital gains tax change ahead of India's full budget presentation in July
4 easy ways to repay a huge credit card bill
Credit cards can be a useful tool for financial management, but overspending can lead to challenging debts. Here are tips to efficiently pay credit card bills.
Infra, PSU, mid and smallcap MFs biggest gainers in Modi 2.0
Infrastructure, mid-cap, and smallcap mutual funds delivered high returns during Modi government's second tenure from May 2019 to June 2024, fueled by rising PSU stocks in segments like railways and defence.
Past reforms will continue to drive economy over next 2 years: Neelkanth Mishra
In fact, with the RBI dividend being significantly better than what was budgeted, I would not be surprised if in the July budget, the government chooses to bring down its FY25 fiscal deficit target from 5.1% to 4.9% because that money is there.
ECI issues verification SOP for EVM memory
The Election Commission of India has issued a protocol allowing the first two losers to seek verification of burnt memory in EVM microcontroller after June 4. Candidates can seek verification for alleged tampering as per SOP issued following Supreme Court directions on April 26.
World Bicycle Day Sale - Cycle your way into fitness with Amazon Sale 2024
Mark World Bicycle Day with the Amazon Sale 2024, featuring incredible discounts on bicycles and cycling accessories. Whether you're a casual rider or a serious cyclist, this sale has everything you need to enhance your biking experience. From mountain bikes and road bikes to helmets, lights, and bike locks, find top-quality gear at unbeatable prices. Get ready to pedal your way to better health and fitness with these amazing offers!
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