LEGACY SURVEY OF SPACE AND TIME
Alien Wow signal: The mysterious signal from space that has baffled scientists
Ohio State University's Big Ear Radio Telescope detected a remarkable 72-second radio signal from the constellation Sagittarius, famously dubbed the "Wow!" signal by astronomer Jerry Ehman. Despite extensive investigation, its exact origin remains elusive, sparking theories ranging from natural cosmic events to potential alien communication. Its cultural impact and ongoing scientific intrigue underscore its status as a profound mystery in the search for extraterrestrial intelligence.
Corporates embrace more flexibility amidst the hybrid work model
About 30% of occupiers are expected to expand their use of flexible office space over the next 12 months, while 17% are likely to consolidate their offices into fewer locations, CBRE said in its latest ‘2024 India Office Occupier Survey’.
Kahneman left this world, leaving behind his legacy of insights – that can make you a better investor!
Daniel Kahneman's work emphasizes the importance of understanding human behavior in finance and the role of financial advisors in guiding investors through market volatility to achieve success.
James Webb Telescope reveals unseen activity in Jupiter's atmosphere
The James Webb Telescope (JWST) has helped astronomers observe some rather unusual activity in the Jupiter's atmosphere above the infamous 'Great Red Spot'. According to reports, these unusual features may be an after-effect of powerful gravity waves.
Real estate growth strongest in greater Mumbai region, says Mahantesh Sabarad
The Mumbai real estate sector, particularly in the greater MMR region like Thane, has thrived in the past two years, outpacing traditional growth markets. Companies like Raymond, Oberoi Realty, and Godrej, with investments in this area, are poised for strong performance amidst upcoming metro projects.
Ferrari’s first Electric Vehicle to be launched. Why does it cost more than other e-vehicles?
Ferrari has announced its decision to manufacture e-vehicles. The company’s entry into this space comes at a time when consumers are moving away from purchasing e-vehicles in favor of hybrid vehicles.
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Employees prefer work from home as heatwave forces corporates to adopt hybrid work
The 2023 report released by the Intergovernmental Panel on Climate Change (IPCC) reveals that rising global temperatures have led to unprecedented climate change across all regions of the world, with consequences ranging from rising sea levels to more frequent and severe weather events, as well as the rapid disappearance of sea ice.
British scientists discover planet near Earth, which can support life. Know in detail
Gliese 12b, which is around the same size as Venus, orbits its sun every 12.8 days. The sun, called Gliese 12, is a cool red dwarf star located in the constellation Pisces.
PSU banks still remain top bet in financial space: Rahul Shah
I think the mood is very positive. Obviously, as you rightly said, a lot of people missed out last Tuesday when we saw the sell-off in the markets and obviously, so I think luckily most of them are still holding on to their positions and not sold it and they are just riding it.
ETMarkets AIF Talk: Modi 3.0 positive for AIF & PMS space; ‘Quality’ likely to take center stage in next 5 years: Vikaas M Sachdeva
India and the US are probably the only two markets with high multiples. India is also one of the only EMs which is increasing its share in the MSCI EM index. As organizations across the cap curve keep getting into aggressive Capex and growth mode, money on the sidelines will keep getting tactically deployed.
Women find their feet in India’s space sector
Saraniya Periaswamy and Umamaheswari K played instrumental roles in the successful debut of the world’s first rocket equipped with a 3D-printed engine by Agnikul Cosmos from Sriharikota. They oversaw the project from inception to launch, highlighting women's growing contributions to India's space sector. Agnikul aborted the mission four times in the past few months before witnessing success on May 30.
Consumption inequality down in a decade
The Household Consumption Expenditure Survey (HCES) results revealed a decline in consumption inequality over the last decade in India. The share of the top 10% households in consumption decreased by 1.9% in rural areas and 4% in urban areas. The Gini coefficient, a measure of inequality, showed a decline between 2011-12 and 2022-23, indicating a positive trend in income distribution.
BSE PSU Index down 14% amid election result nervousness. PFC, REC,BHEL among top losers
The S&P PSU Index plunged by 14% during the Lok Sabha election vote counting, with major PSU stocks like PFC, REC, and BHEL experiencing significant drops in early trade sessions.
Investors high on SME IPOs with up to 1,300% returns. Is it time to get sober?
Investors high on SME IPOs with up to 1,300% returns. Marquee investors, top performers like Owais Metal & Mineral Processing, and risks of market manipulation highlighted. Emphasis on due diligence and investor awareness.
NASA tracks 160-foot asteroid approaching Earth at 37,070 km/h
NASA has alerted the public about an asteroid, 2024 JY1, approaching Earth. Although large and fast, it poses no threat due to its distant trajectory. Part of the Apollo asteroids, 2024 JY1 provides a valuable opportunity for scientific study and public engagement. NASA's ongoing monitoring efforts ensure our safety and expand our knowledge of space, with future prospects for asteroid mining.
How Jocata is helping financial services industry move from legacy systems to AI-powered solutions
Jocata’s low-code platform is driving the future of enterprise lending and embedded finance, says Prashant Muddu, Managing Director & CEO.
New Delhi Lok Sabha Polls: AAP's Somnath Bharti keeps it local, while BJP's Bansuri Swaraj vows to carry on mom's legacy
AAP's New Delhi Lok Sabha candidate Somnath Bharti advises voters to invest wisely. He highlights his accessibility and promises for the constituency, contrasting with absentee MPs. Bharti criticizes BJP candidate Bansuri Swaraj's lack of clear plan for the area.
Expect good response on EV policy, FDI reforms in new govt; prepare for low tariff regime: DPIIT Secretary
India anticipates a positive response from numerous automobile companies to its electric vehicle (EV) policy, according to Rajesh Kumar Singh, DPIIT secretary. He noted that the government has adjusted tariffs to attract manufacturers without direct spending. Additionally, he stated that India might further liberalize FDI norms in select areas under the new government.
‘God’s Hand’ captured by a dark energy camera? Know in detail about image and inside story
A dark energy camera has captured images of what appears to be the ‘God’s hand’. These celestial structures in the universe enable researchers to understand the origins of the universe and other details.
TCS CEO says AI could kill India's call centres soon. Is he right?
According to TCS CEO K Krithivasan, AI could result in “minimal” need for call centres in about a year. If Krithivasan’s prediction were to come true, it would mean a lot of change for a lot of people in very little time.
Will Modi be as good as his words and retire at 75, leaving field for Amit Shah?
Madhavan Narayanan explores the complexities of Modi potentially retiring at 75, Amit Shah's role, Kanhaiya Kumar's impact, Yogi Adityanath's succession, and the evolving election agenda influenced by Congress and social media polls. Narayanan says: "Everybody from global investors to local people are always asking if there is a successor for Modi in terms of long term plans? If so, who would it be?"
Health insurance premium shot up over 25% last year for 52% policyholders, finds survey; here's how the impact can be reduced
Health insurance: Premiums of health insurance policies went up by more than 25% for 52% policyholders in India over the last 12 months. In this article we tell you how this will impact senior citizens and others and how you can take steps to reduce its impact if you are a new health insurance policy buyer.
Investment cycle, not quarterly earnings to drive volume growth going forward: Mayur Patel
Mayur Patel discusses the positive equity market outlook despite premium valuations. Short-term risk has increased in small and midcap space, leading to potential downside. BSE Sensex trading at 3.7x P/B with 18% premium. He says "quarterly earnings will not be very relevant in terms of evaluating the outlook of the market or the economy. "
Statistics Ministry ties up with ISRO to conduct Urban Frame Survey in digital mode
The Ministry of Statistics and Programme Implementation (MoSPI) has partnered with the National Remote Sensing Centre (NRSC) under ISRO to digitise the Urban Frame Survey (UFS) using the Bhuvan Platform. This collaboration aims to update the UFS regularly and in a timely manner by transitioning from analogue to digital mode. The agreement includes the development of a mobile application for geo-tagging, a web portal for visualisation, and data editing. The MoU was signed by officials from MoSPI and NRSC.
Time to shed historical baggage in market; 4 spaces to look for value: N Jayakumar
N Jayakumar highlights the need to view the market differently due to the influx of younger, retail, aggressive investors. He suggests finding comfort in private sector banks, pharma stocks, OMCs, and power sectors. The market should shed historical baggage and focus on future potential. He said: "You need to learn from the past but you cannot ignore the present and therein lies the truth."
Legacy companies in the mobility space are tying up with and even acquiring young startups to travel into the future
Legacy companies like Mahindra and Mahindra, Hero MotoCorp, and Gulf Oil are collaborating with startups such as Ather Energy, Charge+Zone, and Tirex to explore opportunities in the mobility space. These collaborations aim to leverage synergies in electric vehicle (EV) and ecommerce sectors. Mahindra has partnered with Charge+Zone and Statiq to develop an extensive network of EV charging stations. Hero MotoCorp has joined forces with Ather Energy to create an interoperable fast-charging network. RPG Enterprises has acquired Tyresnmore.com, while Gulf Oil has acquired Tirex Transmission to strengthen their presence in the EV market.
Boeing’s legacy vanished into thin air and saving it will take years
Boeing's recent incident involving a 737 Max 9 aircraft has intensified the aviation giant's crisis, triggering an FAA investigation and raising questions about its safety and quality control. The incident, along with previous issues and the tarnished reputation from the 737 Max crashes, has led to calls for a comprehensive rethink of Boeing's operations. The company faces strategic decisions about the future of the 737 Max program, its relationship with Spirit AeroSystems, and the need for a safety-focused reset to regain trust. Boeing's woes underscore the challenges ahead for the once-revered aerospace manufacturer.
World Sight Day: 27 cr Indians suffer from poor eyesight; 7 ways to reduce eye strain at workplace
Spending more hours cooped up in front of the screen may wreak havoc on your eye health! Nearly 23 per cent of India's population suffers from poor eyesight as per a 2021 report.
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