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India's defence production skyrockets to Rs 1.27 lakh crore in 2023-24, thanks to 'Make in India' success Defence Minister Rajnath Singh announced that India achieved its highest-ever growth in defence production value for 2023-24, highlighting significant milestones for the Make in India initiative. He reiterated the government's commitment to fosterin...
05 Jul, 2024, 04.49 PM ISTDon't be nuts! A man walks into a bar. It's empty, except for the bartender. He sits down and orders a drink. He hears someone whisper, 'Psst... I like your tie.' The man looks around but doesn't see anyone. 'Psst... that colour looks nice on you.' He asks the bar...
28 Jun, 2024, 11.14 PM ISTAmazon cloud giant AWS wants public sector to embrace AI Amazon's AWS, the world's biggest cloud computing outfit, is making a major push to entice the public sector to join the artificial intelligence revolution, as the generative AI race with Microsoft and Google heats up. The scramble for public sector...
27 Jun, 2024, 11.10 AM IST- ADVERTISEMENT
3 themes to bet on now for pre-Budget plays: Gurmeet Chadha Gurmeet Chadha says that the market is trying to position on the pre-Budget period. But there are very few pockets which give a lot of valuation comfort. So, we have to be very selective in terms of what we buy and ensure that we do not end up payin...
25 Jun, 2024, 08.50 AM ISTChakri Lokapriya's top midcap stock picks for near term I think defence, semiconductor, industrial, infra are easy reforms for the current government in the current shape to continue because even the allies, for instance, Naidu is a very reform-oriented person.
10 Jun, 2024, 10.46 AM ISTRaamdeo Agrawal's advice to SIP investors amid market correction Market loves myth, I mean myth of public sector company, myth of private sector company, I think that has to be broken down but markets works the way it works, I mean they love to put PSU as a separate category altogether and private sector as a sep...
05 Jun, 2024, 08.00 AM ISTWhat big bulls on D-Street said on market, election trends and investment strategy Markets initially reacted based on the exit polls, which seemed to foster a lot of optimism. Many expected a post-election rally, as indicated by conversations suggesting bullish sentiments. Therefore, the reaction observed on Tuesday can be seen as...
04 Jun, 2024, 08.35 PM ISTGIFT Nifty soars 800 points; here's the trading setup for today's session Equity markets faced pressure last week due to election uncertainties and FII selling. Analysts predict a positive market reaction on Monday post BJP win in exit polls.
03 Jun, 2024, 08.19 AM ISTIndian weapons falling into wrong hands? Defence Ministry tightens monitoring The defence ministry is enhancing monitoring of defence equipment production and requiring companies to adhere to end-user certification rules for exports. The sector has seen a surge in arms and weapons production, particularly in response to the U...
28 May, 2024, 12.34 PM ISTView: India’s state sector is thriving. That’s a problem Ten years ago, Narendra Modi, a supporter of private sector growth, became India's Prime Minister. His focus on reviving public-sector companies challenges the expectation of minimal government involvement in business.
27 May, 2024, 07.10 AM ISTBanking sector is the place to be, don’t be put off by FII selling: Andrew Holland Andrew Holland, CEO of Avendus Capital Public Markets Alternate Strategies LLP, discusses the impact of FII selling on bank stocks and the upcoming market trends post-elections. Coming to pharma, Holland says the bottom was hit some months back for ...
23 May, 2024, 08.54 AM ISTNifty Midcap 150 hits another high; Vix hints at some fear The index rose 0.3% to end at 19,413 - a record close, while the benchmark Nifty gained 0.1% to close at 22,529.05. The volatility index, or India VIX - market's fear gauge, jumped 6.3% to 21.81, suggesting traders see risks in equities in the near ...
22 May, 2024, 05.40 AM ISTBest banking & PSU mutual funds to invest in May 2024 Mutual fund advisors say banking & PSU debt schemes are ‘relatively’ safe because these schemes invest only in bonds and papers of banks and public sector companies. Since most of these entities are government-backed, they don’t have the credit risk.
21 May, 2024, 10.46 AM ISTIndian banking sector pips IT as net profit tops Rs 3 lakh crore in FY24, rises 39% YoY India's banking sector reached a historic milestone with a net profit surpassing Rs 3 lakh crore in FY24. The combined profit of listed public and private sector banks surged by 39%, totaling Rs 3.1 lakh crore compared to Rs 2.2 lakh crore in FY23. ...
20 May, 2024, 02.07 PM ISTSet up system for reporting adverse events: Regulator to medical device companies The government mandates companies to carry out post-market surveillance (PMS) of medical devices with an aim to ensure the safety and performance of the devices.
17 May, 2024, 12.13 AM ISTCan't direct CBI to register FIR: Special Court to MMTC on coal import scam A special court has rejected a request from the Metals and Minerals Trading Corporation of India (MMTC) for the Central Bureau of Investigation (CBI) to file an FIR regarding purported corruption linked to the import of coal from an Australian compa...
16 May, 2024, 06.21 PM ISTLarge PSUs' capital expenditure reaches ₹50,200 crore in April FY25, slower growth than previous year Large public sector companies in India spent over Rs 50,200 crore on capital expenditure in April FY25, 6.46% of the annual target of Rs 7.77 lakh crore. Spending was lower than in April FY24. The Finance Ministry expects spending to increase. Railw...
12 May, 2024, 01.04 PM ISTGovernment gains PSU muscle as stocks climb peaks The value had touched a high of 22% of total market capitalisation of listed firms in June 2009, dropping to a low of 5.1% in September 2020 before doubling since then, according to data from primeinfobase.com. Re-ratings amid large valuation discou...
10 May, 2024, 10.07 AM ISTState-run cos thriving under PM Modi's leadership: FM Nirmala Sitharaman A high-level expert panel on floor wages in India is set to re-examine the wage rates finalised earlier, considering minimum wages notified by all states across three categories. The panel, led by SP Mukherjee, will hold its final meeting on May 27 ...
09 May, 2024, 12.06 AM IST2 public sector companies in the energy space line up with 5-8% gains Nifty hit a high soon after opening but could not maintain the altitude due to selling pressure. It dipped into negative and closed with a loss.
06 May, 2024, 12.32 PM IST