LOCKDOWNS
Flying high! Tourism stocks rebound up to 4,721% from Covid lows
Shares of BLS International Services and other top tourism stocks have seen remarkable growth post-lockdown, with returns ranging from 1,222% to 4,721%. The newly launched Nifty Tourism index tracks 17 constituents, offering investors a diversified approach to the booming tourism sector.
How has Sensex performed in months with Monday the 1st as trading day?
Indian headline index S&P BSE Sensex started July trade on Monday, which is also the first day of the month, jumping by over 400 points. An ETMarkets analysys of Sensex's performance in months beginning with Monday since 2020 reveals that the 30-stock index has given positive closing on five out of seven occasions.
View: Raise a glass to the job creators
In a recent interview, Narendra Modi emphasized the importance of supporting businesses and avoiding demonization. The Prime Minister's stance received positive feedback, contrasting with past socialist inclinations.
Deployment of force at LAC with China now abnormal: S Jaishankar
External Affairs Minister S Jaishankar discussed the abnormal deployment of forces at the Line of Actual Control (LAC) with China, response to the Galwan clash, Rajiv Gandhi's visit to China in 1988, the impact of COVID lockdown, and concerns about Indian business dependency on China at an event organized by the Indian Chamber of Commerce.
Americans are fleeing Washington and California to move to THIS state - Here's why
A small region in the US has been seeing a massive influx of American citizens, a kind of mass migration that is very unheard of. Here's what is happening in US.
Fear is back on Dalal Street... Is it time to buy?
According to analysts, the market is under pressure due to uncertainty over the election outcome and selloff by foreign investors. The India VIX (volatility index) closed higher for the 11th consecutive session on Thursday. The so-called fear gauge has jumped nearly 80% from a low in April. This period of heightened volatility - marked by ups and downs in share prices - presents buying opportunities for long-term investors, market players said.
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US to require new cars to have emergency braking systems by 2029
Congress directed the NHTSA in the 2021 infrastructure law to create a rule to establish minimum performance standards for automatic emergency braking (AEB) systems, which use sensors like cameras and radar to detect when a vehicle is close to crashing and then automatically applies brakes if the driver has not done so.
Triple blow of demonetisation, GST, unplanned Covid lockdowns decimated MSMEs in TN: Congress
Congress general secretary Jairam Ramesh said that before the BJP came to power, Tamil Nadu boasted a thriving ecosystem of more than 10 lakh Micro, Small, and Medium Enterprises (MSMEs), more than any other state.
Time to check in again? 10 hotel stocks across market cap, one with an upside potential of up to 27%
One of the sectors which has got strongly re-rated in the last four years has been hotel and tourism. Whenever there is a re-rating of a sector, it is the leader of that sector which tends to get re-rated first. So, it was the stocks of Indian hotels, which led the rally and then others joined the bandwagon. Now whether the industry has got re-rated should be judged by how the numbers have panned out across the companies in the sector. If there is an improvement across the board, then it is sectoral re-rating which is sustainable. If only one or two players have shown improvement then it is probably because the management of those companies have adopted a clever business strategy. Now the question is whether the re-rating will sustain or not. Second, whenever the markets are falling should one buy hotel stocks? The answer to these questions lies in looking at the fundamental numbers across the players in the industry. We take a look at 10 stocks, some of which are not rated, but their overall score is positive to neutral.
Some are transforming better than others to stay relevant in the EV space: 6 auto ancillary stocks with upside potential of up to 31%
There has been a transformation going in the automobile sector and its supply chain, the auto ancillary industry. Now a number of the large auto companies have been re-rated in the last one year. But the re-rating of the auto ancillary unit has been slower, for a valid reason. These auto ancillary units are dependent on their main buyers. So, for an auto ancillary company which has been supplying to TVS, Tata motors the process of transformation started a long time back but for some other where the major buyer has not even launched a single EV model, transition has been slower. But the biggest factor which distinguishes a winner and laggard in the auto ancillary industry is how proactive the management has been. We take a look at 6 stocks from auto ancillary space. Where either they are a literal monopoly in their segment or they have been focussing on EV much earlier or have been sharp to react to changing market conditions.
Working from home? Zerodha's Nithin Kamath highlights the benefits of returning to office
Zerodha has a two-day at-home policy for employees to zone out, avoid commuting, and do focused work. The three-day work from office at the same time is aimed at collaboration across teams.
How one simple exercise and diet led to this Australian nurse's 45 kg weight loss?
Samantha Abreu, a 25-year-old nurse from Melbourne, Australia, has become an inspiration after shedding nearly 45 kilograms in just a year through simple lifestyle changes. Struggling with her weight and unhealthy eating habits, Abreu found solace during the COVID-19 lockdowns in daily walks, gradually transitioning to incorporating gym sessions and mindful eating. Today, she stands as a testament to the transformative power of regular exercise and healthy eating, walking 10,000 steps daily and feeling comfortable and safe in her body.
Fun and games
Books got read; scrabble boards saw the light of day, as did other board games like snakes and ladders, Chinese checkers, carrom board, chess and monopoly, keeping us entertained, occupied and happy. It took a pandemic to remind us that fun and games are also an important part of life even if one was past childhood. Painting, clay modelling and other handicraft became popular. Online courses in yoga, languages and other skills were sought after.
How Sarfaraz mastered spin: 500 balls per day in nets and a 1600km car journey
Sarfaraz Khan's impressive debut Test performance against England's spinners was the result of over 15 years of hard work and systematic planning. Trained by his zealous father Naushad Khan, Sarfaraz played 500 deliveries daily, practiced against various spinners, and even undertook a 1,600km journey during COVID lockdown to play on different 'akhadas.' The meticulous preparation paid off with two confident half-centuries in his debut Test in Rajkot.
As many as 431 infrastructure projects show cost overrun of Rs 4.82 lakh crore in December
A total of 431 infrastructure projects in India, with investments of over Rs 150 crore each, experienced cost overruns of more than Rs 4.82 lakh crore in December 2023, according to a report by the Ministry of Statistics and Programme Implementation. Out of 1,820 projects, 848 were delayed.
China's population dropped for a second straight year as deaths jumped after Covid lockdowns ended
China faces a second consecutive annual population decline, with 2.75 million fewer people in 2023 due to a sharp drop in births and COVID-19 fatalities post-lockdown. This exacerbates economic challenges, stemming from a prolonged decline in birth rates, rising unemployment, falling wages, and a property sector crisis. With youth unemployment at record highs, China's growth prospects dim, prompting concerns about a shrinking workforce and consumer base, while elderly care costs strain local governments. As India surpasses China in population, geopolitical tensions heighten, leading to debates about relocating supply chains.
Thousands of Chinese migrants cross border as US marks 80th anniversary of Repeal of Exclusion Act
As the US marks the 80th anniversary of the repeal of the Chinese Exclusion Act, thousands of Chinese immigrants are crossing the US-Mexico border after witnessing a decline in the Chinese economy, as reported by Voice of America (VOA).
'Still suffocated': Mourning China's zero-Covid protests a year on
In the wake of the historic protests that unfolded on Shanghai's bustling Wulumuqi Road a year ago, the cityscape may now appear unchanged, with only a subtle uptick in police presence at main junctions hinting at the once extraordinary events.
UK PM Rishi Sunak reportedly said 'just let people die', COVID inquiry hears
During the COVID-19 inquiry, a diary note by Patrick Vallance revealed a meeting where Rishi Sunak allegedly suggested "just let people die" instead of imposing a second lockdown. Dominic Cummings relayed this sentiment from Sunak, criticizing the lack of leadership. The inquiry scrutinizes the government's pandemic response, highlighting a culture of unpreparedness and Sunak's controversial policies, like the "Eat Out to Help Out" scheme. This challenges Sunak's attempt to distance himself from Johnson's leadership, potentially undermining his image despite his senior ministerial role.
Travel sites told to refund air tickets booked during lockdown
The DoCA told the companies to process the pending refunds by the third week of November, failing which the Central Consumer Protection Authority (CCPA) will initiate legal proceedings in the apex court, including filing of a contempt petition against the defaulting platforms, it said in a statement.
Pandemic lockdown decision was delayed to bring down Cong govt in MP in 2020, claims Jairam Ramesh
Congress leader Jairam Ramesh alleged that the COVID-19 lockdown was delayed to topple the Kamal Nath government in Madhya Pradesh. He promised to win back power in the upcoming elections, citing fulfilled guarantees and a united opposition alliance. Ramesh also criticized the BJP and central agencies' actions in various states.
Leeds Schools under lockdown: Doors and windows secured as students stay indoors following 'credible threat email' — Here's what occurred
Parents have received email notifications informing them that several Leed schools are implementing a "soft" lockdown in response to a "credible threat." As a precautionary measure, gates, doors, and windows at schools in Yorkshire, specifically in Leeds and Bradford, have been secured.
Van Gogh paintings snatched then found
Van Gogh's "Blossoming Chestnut Branches" (1890), among four Impressionist masterpieces valued at more than 112 million euros, was stolen from a Zurich museum on February 10, 2008, in one of Europe's biggest-ever art heists.
Uniqlo India crosses Rs 600 crore annual sales, profit trebled during FY23
The Japanese brand posted a net profit of Rs 68.38 crore with net revenues of Rs624.6 crore, according to its latest filing with the Registrar of Companies. A year ago, it had a profit of 21.4 crore with sales of Rs391.7 crore."Indians like affordable pricing but high quality clothing. We want to be in India for 100 years and don't have a short term vision in store numbers and sales targets. We are not just chasing fashion. Store target number is not our purpose and product quality is the main focus," Tomohiko Sei, chief executive officer, Uniqlo India told ET last month.
Delhi to be declared 'controlled zone' during G20 Summit, but police denies lockdown rumors
The employees of the private sector are to enjoy a three-day paid holiday from September 8 to 10. However, it's essential to highlight that the 'lockdown' holiday directive pertains exclusively to the New Delhi district. Establishments in other districts will operate as per usual.
An engineer's Covid lockdown love story ends with triple murder in Assam
Assam triple murder: The accused is a engineering graduate (mechanical) from Central Institute of Technology, Kolkata, according to the police. No criminal shall escape justice, Assam chief minister Himanta Biswa Sarma tweeted.
Lockdown traders need to look for alternate strategies
In case the market goes against it, the decay in premiums helped cover the MTMs. So much so that trading on expiry became a thing and some of the algo management firms got to managing 100cr+ trading portfolios within a short period of time.
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