HIGH DEFINITION
Wockhardt soars to 6-year high
Wockhardt's stock soared 20% as Zaynich antibiotic treated a US cancer patient with Pseudomonas infection at Children's Hospital of Orange County. The drug's success enabled chemotherapy, highlighting its potential impact on cancer deaths and Wockhardt's financial outlook.
Traders' new fancy: Crypto F&O
Indian crypto traders are flocking to Futures & Options (F&O) markets, with leading exchanges like CoinDCX and Delta Exchange experiencing a volume surge. However, a cloud of uncertainty hangs over the regulatory landscape regarding F&O taxation. This shift is driven by a desire to avoid the 1% TDS imposed by the government on spot crypto trading.
FMCG is “passe”: Indian economy has a new definition of defensive stocks: 8 stocks from 2 sectors with upside scope of up to 37%
On the day of election results were announced and the whole stock market melted, stocks from one sector were able to gain, that was FMCG. Many theories were floated about why they are doing well. Right from them being defensive stocks to that focus would not shift from investment to consumption. But close to a month down the line, all those stocks are once again in the under performance mode. The fact is before deciding on whether the stocks are defensive or not, some questions need to be asked. A stock which was a defensive stock in 1994 when the Indian economy was just opening is still a defensive stock even in 2024 when we are a whole different economy with different needs and consumption patterns.
The Acolyte Episode 5: Release date, time and what to expect in the upcoming episode
The Acolyte transports viewers to a time before the Skywalker Saga, delving into the lore of the High Republic era. Led by showrunner Leslye Headland, a passionate Star Wars enthusiast, the series explores historically rich narratives.
Industry pitches for tax reduction, rationalisation of duty structure in Budget
During a pre-budget meeting with Finance Minister Nirmala Sitharaman, industry representatives urged for reduced indirect taxes and rationalized duty structures. FIEO's Ashwani Kumar requested extending the Interest Equalisation Scheme for five years. Reliance Industries sought a review of tariffs on Chinese imports, and Nasscom pushed for easing transfer pricing rules.
Best Tablets With High Performance for Unmatched Productivity
Explore the top high-performance tablets revolutionizing productivity and entertainment. This article reviews the latest models, highlighting their standout features, processing power, display quality, and battery life. From Apple to Android, discover which tablets excel in versatility, making them ideal for professionals, creatives, and tech enthusiasts seeking unparalleled performance on the go.
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India definitely richly valued; but still is a paradise for picking stocks: Porinju Veliyath
So, we all are in a sweet spot, equity market, the investors, the traders, the whole country, this economy. Of course, there are challenges. So, somebody was talking the other day what are the challenges today? I think rural stress. This is something could be the focus of the new government, the new ministries and so this is relevant to the equity investors also.
2 top stock recommendations from Soni Patnaik for near term
The first pick would be in the pharma space, we are seeing quite good momentum here today, so pharma you can see Syngene which is giving you a good fresh breakout above 700 level so I think it is looking quite positive from current levels to test higher targets of 720, 725.
The man who escaped the scam rings of Cambodia
Thousands of workers are trafficked to Southeast Asia to commit cyber fraud on their fellow citizens over social media. Ex-serviceman Botcha Sankhar, who was forced to work in the scam compounds of Cambodia for six months, unravels the modus operandi of this new and terrifying form of crime and forced labour
154 skyscrapers in Mumbai Metropolitan Region, 207 under construction: Anarock
The Mumbai Metropolitan Region (MMR) currently boasts 154 high-rise towers with over 40 floors each, and an additional 207 skyscrapers are projected to be built by 2030, according to Anarock. These developments signify Mumbai's urban landscape and economic prowess. High-rises help alleviate congestion by offering amenities and residences within a single vertical space, reducing the need for residents to travel for leisure activities.
Delhi hospital fire: How unchecked private nursing homes thrive amid high costs & poor infra
The high costs of medical care at private corporate hospitals in Delhi, combined with inadequate infrastructure at government facilities, have led to a significant increase in the demand for private nursing homes. Unfortunately, these facilities often disregard regulations, with little effort from the administration to ensure compliance and accountability.
Japan's Nikkei hits closing high as Nvidia earnings boost tech
Japan's Nikkei share average rose to a one month high led by tech stocks after Nvidia's strong earnings. Analyst Kenji Abe from Daiwa Securities mentioned the positive impact on Japanese tech stocks, especially semiconductor-related companies.
IAF chief VR Chaudhari inaugurates first-ever emergency medical response system in Bengaluru
Chief of the Air Staff Air Chief Marshal VR Chaudhari inaugurated the Indian Air Force's (IAF's) first Emergency Medical Response System at Command Hospital Air Force in Bengaluru. The facility will provide expert guidance and care for serving personnel and their families nationwide. The 24/7 telephonic helpline connects callers with medical professionals who offer immediate advice and coordinate with the nearest IAF medical facility.
This 'Bird' flew high at Cannes!
'Bird', featuring Barry Keoghan as a young dad, is an early frontrunner at the Cannes Film Festival with its tough but sweetly fantastical tale of working-class England.
Air India fundamental rights claims not valid since it is now a private airline, Supreme Court rules
The Supreme Court ruled that Air India ceased to be a state entity post-disinvestment and takeover by Tata Group, hence not liable to fundamental rights claims. Dismissing appeals against Bombay High Court's verdict, it emphasized Air India's transition to private entity status, precluding writ petitions' maintainability.
Nepalese citizens' plea puts I-T in dock for invoking Black Money Act
Two Nepalese citizens have challenged the Indian Income Tax Department's invocation of the Black Money Act against them, arguing that they are tax residents of Nepal, not India. The case raises questions about how the law applies to foreigners from countries with double tax avoidance treaties with India. Specifically, the case highlights issues concerning Nepal, where citizens can move freely in and out of India without passports due to a "Treaty of Friendship" between the two countries.
Best Fish Foods in India: Premium Selections for Happy Fish (2024)
Are you looking for fish food for your aquarium? If so, then continue reading this article to learn about the best fish foods in India which are packed with the nutrients your fish needs. All of these foods are appreciated by their users and readily available on Amazon. Dive through the article to find the one that suits you best and place your order using the buying link given in the article.
Election trade? These 5 themes will continue to work out in India:Ajay Srivastava
Ajay Srivastava, CEO of Dimensions Corporate, advises investing in ABB, Siemens, IndiGo, Indian Hotels, and Hero Moto if the market falls 30-40%. These companies, known for their performance and economic ties, are recommended. Furthermore, smaller IT firms linked to the BFSI sector show promise. The defense sector, shipyards, QSR companies, multiplex companies, and consumer companies are currently underperforming.
Advocates cannot be held liable under Consumer Protection Act: Supreme Court
The Supreme Court ruled that advocates cannot be held liable for deficient services under the Consumer Protection Act 1986. It stated that the legal profession is unique and specialized, with advocates required to respect client autonomy and not make concessions without instructions, thus excluding them from the Act's definition of services. This came in a response to a plea challenging a 2007 National Consumer Disputes Redressal Commission (NCDRC) verdict.
What's gone horribly wrong with the US college admission system
Applicants have more anxiety than ever. Elite schools have more power than ever. Something had to give.
Serum Institute of India challenges tax amendment in SC; claims capital subsidies as non-taxable
Vaccine manufacturer Serum Institute of India (SSI) has filed a challenge to the Supreme Court against a 2016 amendment to the Income Tax Act that made subsidies, grants, waivers, concessions, or reimbursements by the Centre or states or incentives in cash or kind as taxable. The amendment had inserted sub-clause (xviii) to Section 2(24), which defines taxable "income". The case was filed under the Package Scheme of Incentives-2013, which provided various incentives to major industries for five years.
High-powered committee to implement breaks for food, nature's call for train drivers
The Ministry of Labour has constituted a high-powered committee to work out the modalities "to provide defined time intervals for food and attending calls of the nature while on duty for the Loco Running Staff of the Indian Railway". The initiative is in line with the International Labour Organisation's (ILO) Hours of Work (Industry) Convention, 1919, which has been ratified by India.
GCCs emerge as a key cog in telcos’ enterprise play
India’s top telcos are investing significantly in offshore units, known as global captivity centers (GCCs), resulting in strategic partnerships and tailored solutions. With the number of GCCs growing, enterprise revenue is expected to reach Rs 30,000 crore in FY24, impacting connectivity and network densification in tier-2 and tier-3 cities.
Nifty at record high? Aditya Agarwala’ 2 stock picks
Aditya Agarwala of Invest4edu discusses market insights including key levels for Nifty and Bank Nifty. He anticipates resistance at 50,000 on Bank Nifty and a potential new all-time high for Nifty around 23,000. Aurobindo Pharma is one of his picks. At current levels, one can initiate fresh long in the stock for a target of Rs 1,300 on the upside with a stop loss at Rs 1,120 on the downside. The second stock is Astral. This is one stock which has clearly bucked the trend and has been making higher highs and higher lows.
10 Best PC Cabinets for Less Than 20000: High End Performance
Explore our curated selection of the top 10 PC cabinets under 20000, combining superior performance, stylish design, and affordability. From innovative airflow systems to spacious interiors and advanced features, these cabinets cater to diverse needs, whether for gaming rigs or high-performance workstations. Discover the perfect balance of functionality and value for your PC build.
Right to sleep a basic human requirement, says HC on ED questioning senior citizen post midnight
The right to sleep is a basic human requirement, which cannot be violated, the Bombay High Court said on Monday deprecating the Enforcement Directorate (ED) for questioning a senior citizen throughout the night in a money laundering case. A division bench of Justices Revati Mohite-Dere and Manjusha Deshpande said statements must be recorded during earthly hours and not at night when a person's cognitive skills may be impaired.
From Coachella to Tomorrowland: Inside the world of high-demand concert tourism
From Coachella to Taylor Swift’s much-talked-about Singapore performance, travellers are paying big bucks to catch overseas concerts.
UK tightens definition of extremism to counter right-wing, Islamist extremists; names five groups
UK government redefines extremism, adding clarity post-October 2023 attacks. Measures aim to protect democracy, counter extremist ideologies, and prevent radicalization. Counter-extremism center established to lead government initiatives.
Q3 is definitely looking better for Bajaj Electricals: Anuj Poddar
“In the current quarter, we have had a contraction in general trade. A lot of that is led by weakness in the rural markets. But if we look at all our alternate channels, whether it is e-commerce, modern trade, institutional sales, they have all seen extremely healthy double digit growth for us, which is why again, I am confident."
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