WISE
Tough to sustain GDP growth above 7.5%; time-wise correction in market likely: Neelkanth Mishra
As mutual funds are sitting with Rs 1 lakh crore of cash, whenever there is a 4-5% drop from the peak, there is a spate of buying. So equities as an asset class are not seeing sharp drawdowns and in the short term make it safer to invest in and attract more funds. That is the cycle we are in, says Neelkanth Mishra.
Tamil Nadu assembly adopts resolution for Centre to take up caste-wise census
The Tamil Nadu assembly passed a resolution urging the Centre to conduct a caste-based census, along with the pending population census since 2021. The resolution, introduced by Chief Minister MK Stalin, emphasized the importance of a caste-based census for ensuring equal rights and opportunities in education, economy, and employment.
Tamil Nadu Assembly urges Centre to take up caste-wise census
The Tamil Nadu Assembly unanimously passed a resolution on Wednesday, urging the central government to conduct a caste-based census along with the overdue 2021 census. Chief Minister M K Stalin emphasized the importance of such a census for formulating policies that ensure equal rights and opportunities in education, economy, and employment. The resolution received support from various political parties, including the BJP, but was adopted in the absence of the AIADMK members, who were suspended for disrupting proceedings.
Sector-wise fundamental analysis of Indian stocks after elections
Investing in quality companies and adopting a long-term SIP approach can maximize benefits in India's growth journey towards a $10 trillion economy through essential infrastructure development.
Andhra Chambers of Commerce to set up helpdesk to woo NRI investments into state
Andhra Pradesh Chambers of Commerce & Industry Federation announced that it will launch a helpdesk to support NRIs interested in investing in the state. This initiative, unveiled on Monday, aims to facilitate investment opportunities for NRIs by providing necessary assistance and creating a conducive environment.
Formal job creation under ESIC down by 7.8% in April to 1.64 million as compared to 1.78 million in April 2023
The provisional payroll data, released by the ministry of labour and employment shows that out of the total 1.64 million employees added during the month, 0.78 million employees or 47.6% of the total employees added to ESIC were up to 25 years of age, suggesting more jobs have been generated for the youth of the nation.
Bodies of all 4 students who drowned in Russian river recovered, being flown to India
Russian authorities recover bodies of four Indian students who drowned in Volkhov river, with two more found recently. Bodies flown to Mumbai for transport to students' native places in Jalgaon district.
There can be both time wise and value wise correction in PSU stocks: Sandip Sabharwal
Consumer stocks are under-owned at this point of time. They have not given any returns for the last four-five years, leave aside something like a Godrej Consumer or a Tata Consumer which have been outliers and some stocks like Titan and all which have their own dynamics.
Assembly-wise fight in multi-cornered Gurdaspur Lok Sabha election
The sitting MP, film star Sunny Deol of BJP, is not contesting this time but his shadow looms large over the contest - because he was missing from the constituency most of the time and as a result, BJP, which has been nominating film stars from here, has fielded party worker and former three-time Sujanpur MLA Dinesh Singh Babbu this time.
June bank holidays: Banks are closed for 10 days in June 2024; check dates, full state-wise list
Holidays include state-wise regional holidays along with second and fourth Saturdays in the month and all Sundays. Note that this month has five Sundays.
Maharashtra SSC Toppers List 2024: Check class 10th toppers names, marks, districts and other details
Maharashtra SSC Toppers List 2024 (Google Trends): The Maharashtra State Board of Secondary and Higher Secondary Education (MSBSHSE) has released the class 10th results. The board will soon announce the Maharashtra SSC Toppers List 2024, along with overall pass percentages, gender-wise and district-wise results. Students need at least 35 marks in each subject to pass. Last year, Konkan district had the highest pass rate at 98.11%.
Odisha CHSE Toppers List 2024: Science, Commerce, Arts class 12 topper names, marks, pass percentage
Odisha CHSE Class 12 results released without top-performing districts, school-specific pass rates, and toppers list. Arts: 80.95% pass rate, girls outperform boys. Commerce: 82.27% pass rate, girls excel. Science: 86.93% pass rate, near-equal gender performance. Vocational: 68.02% pass rate, girls lead.
EC releases Lok Sabha constituency-wise voter turnout data
ECI Voter Turnout Data: Electors are individuals listed on the electoral roll and are eligible to vote, whereas voters are those who physically participate in casting their votes during an election. Although the Election Commission (EC) has regularly provided turnout percentages, there have been requests to disclose the exact number of voters in each phase of the election.
No booth-wise turnout data mid-polls, says Supreme Court
Supreme Court, led by Justice Dipankar Datta, denied interim relief on disclosing votes in ongoing elections. Maninder Singh opposed ADR's plea, highlighting its potential impact on voter turnout. The decision aimed to maintain faith in the poll panel.
He boosted me when I struggled in IPL 2022: Kohli talks about special bond with DK
The 38-year-old, who joined Royal Challengers Bengaluru from Kolkata Knight Riders in 2022 for his second stint after 2015, played his last IPL match on Wednesday when RCB were eliminated by Rajasthan Royals in the playoffs.
Election Commission gets relief as SC refuses to issue direction to upload voter turnout data amid Lok Sabha polls
The Supreme Court declined a request from an NGO to instruct the Election Commission to upload polling station-wise voter turnout data on its website during the ongoing Lok Sabha elections. The vacation bench, consisting of Justices Dipankar Datta and Satish Chandra Sharma, stated that issuing such directions would be challenging due to the need for additional manpower.
EPFO created 11.4% more formal jobs in 2023-24 at 15.4 million, shows payroll data
The provisional payroll data, released by the ministry of labour and employment on Monday, shows 1.44 million net members were added to EPFO in March, 2024 vis-a-vis 1.54 million added in February out of which 0.74 million were new members.
Senior-level IT services hiring in 2024 focuses on new-age skills
IT services and global market conditions impact senior-level hiring with pay hikes expected. Roles in finance, consulting, and program management are in demand. Companies hiring for roles like chief AI officer, delivery head-AI, and CFOs. Skills in cloud computing, machine learning, and data engineering are sought after. Gartner forecasts $5 trillion IT spending in 2024, with India's IT spending growing.
Is it wise to invest in the largecap category now?
Small & midcaps have been giving double-digit returns in the past few years. It has led to many investors running towards the two categories relentlessly but it does not mean that the footing of large caps is not strong enough.
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