MOVE FORWARD S
Life lessons from Yog
Paschimottanasana, a yoga pose involving stretching and exhaling while seated, highlights the big toe's role in ensuring 80-85% stability and balance. Avoid neglecting important relationships essential for emotional well-being. Practice kindness, care, and reciprocity in thoughts and words to maintain bonds, and always remember to express gratitude with a simple 'thank you.'
Jolt to Biden's re-election campaign as donors hold back USD 90 million pledged earlier
A major setback has hit President Joe Biden's re-election campaign as a group of fundraisers has decided to withhold $90 million in pledged contributions if he remains the Democratic presidential candidate. The New York Times reported on Friday that the frozen funds include multiple eight-figure commitments, as informed by anonymous sources due to the sensitivity of the situation. This decision follows Biden's poor debate performance on June 27 against Donald Trump, which has led to diminished support from key allies.
US 'moving forward' with 500-pound bombs for Israel
The United States is resuming the delivery of 500-pound bombs to Israel after pausing over concerns about the use of 2,000-pound munitions in populated areas. This decision follows a halt in May due to fears related to an Israeli operation near Rafah in Gaza. Despite previous tensions, both sides have indicated progress in resolving differences. The U.S. remains a key military supporter of Israel but has expressed concerns over civilian casualties amid ongoing conflict with Hamas in Gaza.
Commendable move by UP govt; will lead country faster towards clean energy and transportation: RC Bhargava, Maruti Suzuki
And Maruti has always been saying that the government must encourage all these technologies, adopt alternative routes in addition to electric cars to get to our goals in the area of emission and substitution of imported oil.
Jill Biden will rally veterans and military families as Biden team seeks to move focus back to Trump
Jill Biden is launching President Joe Biden's outreach to veterans and military families during a campaign swing through battleground states. This effort aims to draw contrasts with her husband's Republican rival and shift the focus away from calls for Biden to drop his reelection bid following a damaging debate performance against Donald Trump.
Navigating bull run: Rajesh Palviya's insights on Bank Nifty and sectoral moves
Rajesh Palviya of Axis Securities provides insights into the current trends and expectations for Bank Nifty, highlighting key support and resistance levels. He discusses the impact of recent performances by private and PSU banks and shares his views on sustaining the market's bull run driven by bullish sentiment and liquidity flows.
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Tesla’s loss, not India: Ola's Bhavesh Aggarwal reacts to India-Elon Musk deal not moving forward
Ola CEO Bhavesh Aggrawal labeled Tesla's India exit a loss for Elon Musk amid India’s growing EV sector. Rajesh Kumar Singh noted Tesla's silence post-election. Musk canceled his April India visit to meet PM Modi, opting for China.
Tesla unlikely to move forward with India investment, Musk's execs cease contact: Report
Tesla Inc. is unlikely to pursue new investments in India in the near future, sources familiar with the matter said. Following Elon Musk's postponed visit and lack of further communication, Indian officials believe Tesla faces financial constraints. India now focuses on local automakers like Tata Motors and Mahindra & Mahindra to boost its nascent EV market.
Going forward, expect good growth from Aadifidelis Solutions: Shikhar Aggarwal, BLS International
Shikhar Aggarwal, Joint MD, BLS International Services talks about inclusion in Nifty tourism index, synergies from buying stake in Aadifidelis Solutions and more. Aggarwal also discusses the major contract renewals which are expected in the next six to nine months. He also says that in one, one-and-a-half years, multiple contracts are expected from European and North American markets
Hardik, Kuldeep sparkle as India outclass Bangladesh by 50 runs, move closer to semis
India's dominant performance led by Hardik Pandya and Kuldeep Yadav secured a crucial victory over Bangladesh in the T20 World Cup Super 8 game. The team's strong batting display and effective bowling efforts set them on course for a semifinals berth, with a challenging fixture against Australia up next.
IMEE-EC's India-UAE segment on track: Ports' digital integration moves forward, set to be ready in 100 days
The strategic India-Middle East Europe Economic Corridor (IMEE-EC) is set to commence its India-UAE leg, with a digital platform for port information exchange expected to be operational within the first 100 days of the Modi government. The initiative, aimed at enhancing trade connectivity, faces challenges due to tensions in West Asia, but recent support from the G7 has bolstered its prospects. The corridor, divided into phases, will facilitate the movement of cargo from locations in India to Israel.
Management team largely in place to take Bandhan Bank forward after Chandra Shekhar Ghosh retires, says CFO
Bandhan Bank CFO says the NPA portfolio has been reduced from almost Rs 8,700 crore to about Rs 4,700 crore. That particular clean-up exercise took place in March which took care of a large part of the book that was prior to the year FY2022 and earlier and brought gross NPA levels down to almost 3.8%. We still have further journey to climb on that particular front.
Deposit rates peak; to move downwards in medium term: SBI Chairman
The country's largest lender also said the RBI may start easing the interest rate cycle from the third quarter of the current financial year. Last week, the Reserve Bank of India (RBI) left its key interest rates unchanged for the eighth time in a row, keeping the focus on inflation amid robust economic growth.
Green gambit: ready to make clean moves for country's energy security
Newly appointed minister Pralhad Joshi emphasized on the importance of renewable energy for India's energy security, highlighting the country's significant contributions and plans for further development.
Nobody is unsafe in country, will move forward with 'sabka saath, sabka vikas': Rijiju
Minority Affairs Minister Kiren Rijiju dismissed claims of minority persecution in India as "propaganda," emphasising PM Modi's inclusive policies to ensure everyone's safety and welfare. Rijiju vowed to advance Modi's 'sabka saath, sabka vikas' mantra, focusing on unity and inclusive governance. He urged against negative propaganda. Minister of State George Kurian also assumed office, pledging to work towards a united and inclusive India.
Insurers lap up GSec derivatives to manage liabilities
Global funds and insurers are showing strong demand for Indian government bonds, particularly ahead of their inclusion in a JP Morgan index. Insurers are increasingly interested in Bond Forward Rate Agreements (Bond-FRA) to manage long-term liabilities, with significant trading activity reported by Clearing Corporation of India (CCIL).
What should investors do with defence stocks? Mayuresh Joshi answers
However, I think for markets with India perspective we are very-very light right now, we still like to see over the next couple of days of what transpires on the political front and therefore the initiatives that will be taken over the next few days and specifically in the budget in terms of allocations are going to be extremely critical.
The Real Housewives of New Jersey Season 14 reunion cancelled due to THIS reason
Bravo's choice to cancel the reunion special for Season 14 of 'The Real Housewives of New Jersey' (RHONJ) has generated excitement among fans, signaling a notable deviation from the show's customary format.
Tech View: Nifty stiff resistance around 23,000-100. What traders should do on Tuesday
An analysis of Nifty put options reveals a concentration of Open Interest (OI) at the 22,700 level, implying potential support at this level. On the call side, significant OI concentrations are observed at the 23,200 and 23,500 levels.
What are the three pockets of opportunities going forward? V Srivatsa explains
V Srivatsa, Fund Manager and Executive V-P at UTI AMC, sees opportunities in private banks, healthcare, and FMCG sectors amidst market volatility and election outcome uncertainties. Srivatsa also says that he is quite positive on is commodities because that has seen a very sharp run-up in the prices which will start reflecting in the coming quarters.
Stocks to buy: Bet on stocks with good entry points now; 5 stocks with up to 27% upside potential
Stocks to buy: Identifying recently corrected stocks with good fundamentals can be effective in the current market. Moving averages help distinguish between stocks in correction and those in a bear trend. Stocks that have seen a recent correction and are fundamentally sound can prove good investment bets.
Why Mark Mobius will be looking at largecaps going forward
Mark Mobius discusses the potential of largecaps in India, particularly in the infrastructure and power sectors. He highlights NHPC's entry into hydropower and emphasizes global growth opportunities, while addressing the valuations of public sector entities. Mobius suggests one should keep some cash on the side in the event of a correction where you can buy at much lower prices.
Rupee gains but lags behind Asian peers, forward premiums rise
The rupee was at 83.46 against the U.S. dollar as of 09:40 a.m. IST, up from its previous close at 83.50.
ETMarkets Smart Talk: Nifty hitting 24K is subject to Indian elections results and Middle East tensions: Sandeep Raina
Sandeep Raina of Nuvama projects Nifty50 levels at 24,000 to 25,000 based on expected EPS, influenced by Indian Elections and Middle East tensions. Market trends may align with US Fed’s policies, impacting inflation and equity performance. Raina further says that Indian markets will largely respond to the corporate earnings reports.
Exclusive: Flipkart maps India redux; talks on to shift domicile from Singapore
Flipkart aims to move domicile from Singapore to India for an IPO. Talks gain impetus for largest local consumer internet company to reverse flip to India. Walmart owns 85%.
The Biden-Netanyahu relationship is strained like never before. Can the two leaders move forward?
Biden and Netanyahu's strained relationship over the Gaza war and weapons suspension may impact their political futures. Netanyahu faces pressure over Gaza conflict and hostages, while Biden grapples with domestic protests and backlash.
Maldives and India look to move forward, give direction to ties
Maldives foreign minister Moosa Zameer has expressed the Muizzu government's willingness to work with India, despite external affairs minister S Jaishankar's emphasis on mutual interests and reciprocal sensitivity. The two sides discussed India-funded projects in the Maldives during a meeting. Zameer's visit amid anti-India rhetoric in the Maldives is a signal that the Muizzu administration is trying to establish a working relationship.
Canada improves application processing time estimates
Canada has improved the way it calculates processing times for immigration applications, aiming to enhance predictability. Immigration, Refugees, and Citizenship Canada (IRCC) will now use forward-looking processing times for several high-volume immigration programs, such as Express Entry and citizenship grants. This change follows recommendations from an Auditor General report, focusing on improving communication with applicants. Updated service standards are anticipated by the end of the year.
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