STRONG HISTORY

Biden heads into a make-or-break stretch for his imperiled presidential campaign

Later, during evening fireworks, he stood on the balcony with his family and Vice President Kamala Harris and her husband, Doug Emhoff, in a clear show of support. Harris at one point grabbed Biden's hand and held it high in the air, and later the two hugged. In a Wednesday night meeting with Democratic governors, Biden acknowledged that he needs to get more sleep and limit evening events so he can turn in earlier to be rested for the job, according to three people familiar with the meeting, who also spoke on condition of anonymity.

PM Modi to visit Moscow; EAM Jaishankar says India-Russia economic relationship has grown tremendously

Neeraj Chopra: Indian farmer's son who made Olympic history

Neeraj Chopra, India's Olympic javelin gold medalist, returns to defend his title in Paris after making history in Tokyo 2021. Hailing from a farming background, Chopra's success inspired youth across rural India to take up javelin. With multiple accolades including a world championship, Asian Games, and Commonwealth Games golds, Chopra remains humble and driven. His personal best is 89.94m, aiming for over 90m amidst tough competition like Germany's Max Dehning. Despite fame, Chopra stays grounded, embodying the spirit of a "man of the people."

From Classmates to Commanders: Sainik School graduates Dwivedi and Tripathi now command India's Armed Forces

Lieutenant General Upendra Dwivedi and Admiral Dinesh Tripathi, once classmates at Sainik School Rewa, now lead the Indian Army and Navy. Their unique bond, formed in the early 1970s, has strengthened inter-service ties. With Admiral Tripathi already at the helm and Lieutenant General Dwivedi stepping in as Army Chief, their careers highlight the influence of early connections in military leadership.

Largest exercise of democracy in history of world: US lauds India's Lok Sabha elections

US State Department spokesperson Matthew Miller praised India's Lok Sabha elections as the "largest exercise of democracy in the history of the world," emphasising the US government's celebration of this achievement. Miller highlighted that the US takes no side on the election outcome and respects the decision of the Indian people. Prime Minister Narendra Modi secured a third term, with the BJP winning 240 seats, while the Congress made significant gains with 99 seats. US President Joe Biden had congratulated Modi and the NDA coalition on their victory.

Strong dollar will continue to cause problems for emerging markets and commodities in 2024: Adrian Mowat

The Emerging Market funds that have been doing well have been very overweight in India and they may not feel comfortable in increasing that overweight. The Indian bull market is very much a story of strong domestic fundamentals and a robust savings pool in India buying its market, says Adrian Mowat

These largecaps have ‘strong buy’ & ‘buy’ recos and upside potential of more than 23%

Of the last seven trading sessions, in three trading sessions, nifty which opened with a gap or came under pressure after opening has been able to recover and ended the day in positive territory. It is a kind of rotational support coming in from different stocks and sectors. There are banks one day and then they take a back seat and industrials come to support. Is the distribution taking place or is it a kind of consolidation which is taking place and a strong directional move would emerge after the budget that needs to be seen. But in all the cases there is greater chances that it is large cap stocks which will remain in limelight. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". The screener applies different algorithms for all BSE and NSE stocks.

New bubble? Why are smallcaps and PSU stocks rebounding strongly from June 4 lows? Ashwini Agarwal answers

Ashwini Agarwal says he cannot get himself to agree that the PSU valuations have become quite eye-popping and has room for further upside. But bubbles have their own mind and bubbles can get a lot bigger before they burst. So, there may be a lot of upside.

Akme Fintrade IPO Day 1: Issue fully subscribed on strong retail, NII demand

Akme Fintrade India's IPO was completely subscribed shortly after opening on Wednesday, fueled by enthusiastic participation from retail and NII investors. The offering concludes on June 21st.

Gold price movement: Fed action impact & what history suggests in a falling rate regime?

Gold investors await the outcome of the Federal Open Market Committee (FOMC) meeting for insights on the US Federal Reserve's interest rate cut impact. The European Central Bank and Bank of Canada have already reduced policy rates.

Be a contrarian in such times, if they have strong parent: 5 midcap stocks belonging to large industrial houses with upside potential of up to 49%

At a time when the market is digesting an election result which it did not expect. Questions are bound to come to about what should be done with mid-cap stocks. Is there a possibility that we might see more corrections ? The answer is yes. More than anything else, the reason for the correction would be the valuations and the fact that there was and still froth in some segments of the market. Should you buy mid-caps, the answer is yes. The question is what are you buying and for what time frame. And the bigger question is does the management have a proven track record that if tough times comes then it can steer the company through a tough time. If these tick marks are done, then ignore the political noise which all the political analysts are going to bring on table and surely there is no dearth of them. Focus on what is the business and who is running that business.

Election results and stock markets: If history can predict the future

India awaits the Lok Sabha election results with anticipation, largely expecting a win for the Modi-led NDA alliance. Analysts foresee policy continuity and market stability if expectations materialize, but unexpected outcomes could trigger short-term market volatility. Regardless, experts suggest viewing any market dips as buying opportunities.

Over 250 years of Indian diaspora heritage digitally archived in Oman

The National Archives of India digitised and archived oral history and documents of old Indian merchant families in Oman from the state of Gujarat, shedding light on their cultural practices and contributions to Omani society.

India carries out first ever digitisation of documents of diaspora

The Indian Embassy Muscat, in collaboration with the National Archives of India, conducted a pioneering project to archive historical documents of the Indian diaspora in Oman.

Looking for attractive valuation plus strong fundamentals? Financials is the answer, says Ramesh Mantri

Ramesh Mantri, CIO of WhiteOak Capital AMC, discusses the strong fundamentals and high valuations in various sectors, highlighting the attractiveness of financials. He mentions the impact of market rally, government spending, and the potential growth in the insurance and IT sectors. He also says private banks is the ignored part of the market and valuations are below long-term averages, fundamentals are very strong. Here a lot of alpha can be created.

The business ties that bind the U.S. and China are strong but fraying

Many big U.S. companies depend on China for a substantial part of their income and rely on Chinese suppliers and factories for their products.

Sacred Games: How Indian mythology is taking over gaming consoles

Indian gaming enthusiasts now have access to games rooted in Indian history and culture, like managing the Ayodhya Ram Temple's functioning and building the Vande Bharat Express. Players can immerse themselves in the world of the legendary Tamil emperor Rajendra Chola and experience high-speed chases and stealth attacks.

ET Exclusive: Kyrgyzstan & India united by history; Bishkek favours Indian FDI across sectors, says envoy

Kyrgyzstan and India promote investments in various sectors, amidst ties strengthening and cultural collaborations. Bishkek's focus on economic growth and bilateral relations stands out amidst recent tensions. The potential in textiles, hydropower, tourism, and the need for enhanced banking connections are key highlights.

Staying with stronger ones is always better option: 5 Midcap stocks from different sectors with upside potential of upto 42%

In its lifetime every midcap company sees some headwinds. There are many examples from history which show the difference between the companies which have been able to survive and grow even after all the trouble is that of the parent company. A company belonging to a strong industrial group which has a track record of handling many economic cycles in the past has a higher probability of surviving a bad phase and coming back on a growth path as compared to a company in the same line of business which does not have the backing of a strong parent. The reasons are simple, when that midcap company of a large group will see a tough time, at a group level there is management bandwidth in terms of both financial and human resources to help it over bad times. Look over the last two decades at how companies like Voltas, Tata chemicals, which at one point if time were mid sized companies because large and stable business. So, if one is looking at investing in mid-cap, surely have a look if it has the back of a large and strong industrial house.

Vedanta: How an old-age biz is trying to deliver a new-age baby

The complete acquisition of AvanStrate positions Vedanta in the display panel market, with plans to build its own display glass plant in Gujarat. The company is also eyeing partnerships for a potential chip plant. Vedanta's foray into electronics manufacturing, spearheaded by Agarwal's son-in-law Akarsh K. Hebbar, aligns with its core business of metals and mining.

Real estate demand continues to stay strong; buy strong players: Hiren Ved

Three large ones and then you have the few ones which are focused in the South. But now, I think everybody is getting everywhere because what happened was that the industry got massively consolidated. So, the number of players in each geography really shrunk.

BJP will create history by defeating Owaisi in Hyderabad: Piyush Goyal

Union Minister Piyush Goyal expressed confidence on Monday that the Bharatiya Janata Party (BJP) would make history by winning the Hyderabad seat, defeating AIMIM chief Asaduddin Owaisi. The BJP has nominated Madhavi Latha to contest against Owaisi, aiming for victory in the Lok Sabha elections scheduled for May 13.

This large cap mutual fund gave 15% returns in three years; should you invest?

ICICI PRU BLUECHIP: The biggest offering in its category, this large-cap fund emphasises on individual stock selection for outperformance rather than taking bold sector calls. It avoids the ‘growth at reasonable price’ segment and prefers a mix of ideas from two opposing themes. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.