TOP UP POLICY
Delhi Excise Policy CBI Case: Arvind Kejriwal's judicial custody extended till July 25
A Delhi Court extended Chief Minister Arvind Kejriwal's judicial custody in a CBI case linked to the Delhi Excise policy until July 25th. This decision followed the Supreme Court granting interim bail to Kejriwal earlier in the day in a money laundering case filed by the ED related to the same excise policy scam.
"SC has indicated...": BJP MP Bansuri Swaraj after apex court grants interim bail to Arvind Kejriwal
Supreme Court while granting interim bail to Kejriwal in the ED case observed that the Delhi Chief Minister has suffered incarceration of 90 days and it's conscious that he is an elected leader. The top court had reserved the verdict on Kejriwal's plea on May 17.
M&M XUV700 price cut: No link with UP's policy, move was part of plans announced in Feb, Mahindra says
Mahindra & Mahindra clarified that its recent XUV700 price cut is not linked to Uttar Pradesh's EV policy but is part of a business strategy to lower average prices, outlined in a February analyst meeting. Shares fell as much as 7% on Wednesday. The price cuts stem from material cost savings and strategic planning.
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.
Maruti Suzuki zooms 6%, becomes top Nifty gainer as UP waives registration fees for hybrid vehicles
Maruti Suzuki shares rise by 6% as UP government waives off registration tax on hybrid cars, offering potential benefits up to Rs 3.5 lakh for customers and leading companies. UP witnesses a significant increase in retail sales of passenger vehicles. The move aims to promote environment-friendly vehicles in the state.
More incentives for EVs; online discount bonanza coming up
India’s new EV policy may be amended to include incentives for automakers who already have a presence in the country. This and more in today’s ETtech Top 5.
India Inc now picks its C-level champions from indoor pool
Indian companies like Mahindra and Aditya Birla Group are increasingly focusing on internal talent pipelines for leadership roles, showcasing a shift towards nurturing seasoned professionals for longer tenures within the organization.
Ecommerce space heats up; and other top tech, startup stories this week
Welcome to another edition of ETtech Unwrapped – our weekend newsletter. It has been a packed week for ecommerce and quick commerce news. The previous weekend began with Zepto scooping up $665 million in funding, at more than double its last valuation in 2023, which is a pivotal moment for the sector.
Job creation is India's top economic challenge, policy experts say
According to a poll of policy experts by Reuters, tackling India's chronic joblessness will be the biggest challenge for the government over the next five years, despite the country's status as the world's fastest-growing major economy. The economy grew more than 8% last fiscal year, but this growth has not translated into sufficient job creation, particularly for young people. The recent parliamentary elections saw Prime Minister Narendra Modi's BJP losing its majority, partly due to issues such as widening inequality, inflation pressure, and a lack of well-paying jobs.
ETMarkets Smart Talk: Rural consumption could top priority in Modi 3.0’s final Budget in July: Vinay Jaising
The BJP led NDA alliance is confident of forming the government for the third time consecutively which has not happened in India since 1962 when the Nehru led Congress was in Power; and an extremely spectacular event.
I am a retired person; I have a health insurance cover of Rs 5 lakh. Should I get a super top-up health insurance plan?
Our panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us right away.
Chakri 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.
Expect 13-15% earnings growth in FY-25 driven by topline growth, margin expansion: Venugopal Garre
Remember, we have not even yet seen a rate cycle decline as well, so those are the levers which come through late in the year from a support point of view for macro.
Percentage of women in senior leadership roles increases to 18% in 2023 from 16% in 2016: Report
The report by LinkedIn and The Quantum Hub highlights that while there has been an increase in women joining the workforce, leadership positions still lack gender parity. The representation of women across the workforce rose to 26.8% in 2024, but senior leadership roles only account for 18.3%, showing a decline from the previous year. Industries like education and government administration have higher female leadership representation, while sectors like construction and utilities lag behind.
Infra mutual funds among top winners in last 5 years of Modi government
Infrastructure sector-based mutual funds, including Quant Infrastructure Fund, Invesco India PSU Equity Fund, and Nippon India Power & Infra Fund, have been top winners in the last five years of the Modi government, offering impressive absolute returns up to 380%.
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 44%
After a short phase where bears were seen on the street, at least on the index level bulls were back in control as they touched a new high. Given the event risk in terms of election results, the market breadth might remain probably in equilibrium territory till the time exit polls come. In this short period if one is not a trader and knows how to hedge, it would be better to be cautious before investing. If one is taking fresh exposure to equity, ensure that there is some level of quality as far as the business and fundamentals are concerned.These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
Top Russian military officials are being arrested. Why is it happening?
Following the arrest of a Russian deputy defense minister last month, a series of detentions of senior military officials on corruption charges has unfolded. These arrests coincided with President Vladimir Putin's fifth term and a reshuffle of Defense Minister Sergei Shoigu. The detentions have sparked speculation about Putin's control over the Defense Ministry, potential turf battles, or other internal power plays. Corruption has long been entrenched in Russia's system, but the recent crackdown, especially amid the war in Ukraine, suggests a significant shift in handling graft within the defense sector.
Foreign-themed mutual funds rally up to 80% in a year. Should you go international?
International funds, including top performers like Mirae Asset NYSE FANG+ETF FoF, showed strong growth. However, concerns arise with Sebi's restrictions on overseas ETF investments and varying earnings growth in indices like Hang Seng and CSI 300.
PSU Banks stocks: Stay bullish, hedge a bit to avoid narrative induced selling; top 7 PSU banks with upside potential of up to 36 %
While every sector has witnessed a re-rating in the last couple of years. The re-rating can be due to two reasons. whether headwinds have gone away because of government policy push and clean up or the sector has recovered due cyclical reasons. In the case of PSU banks,which have seen strong re-rating in the last one year, there is a mix of both reasons. The government cleaned up and strengthened the regulatory system. Also that overall economic growth has seen a sharp recovery which has helped in credit off take. Now comes the question that after this rally, should one sell, should one hold, should one increase the exposure. The answer lies in hedging for the banks you own and just avoid listening to noise which will remain high till election results are announced.
Load More
