14 января 2025 года
Economictimes.indiatimes.com
The 30-share BSE Sensex closed up 169.62 points at 76499.63
8 incredible health benefits of drinking beetroot juice
LEAP India, a leader in sustainable supply chain solutions, acquires CHEP India Private Limited, enhancing its capabilities with 33 warehouses, over 11 million assets, and 6000 customer touchpoints. This strategic move aligns with LEAP's vision of delivering innovative, customer-centric supply chain solutions, focused on sustainability and efficiency.
Brokerage firm Bernstein has updated its India model portfolio, adding five new stocks and removing four.
After a 4-day losing streak, Indian benchmark indices turned positive on Tuesday, supported by PSU Banks, metals, and auto stocks. The Sensex and Nifty rose marginally, with the Nifty PSU Bank and Metal indices surging while the IT sector lagged.
The 2025 Bharat Mobility Global Expo is happening in Delhi from January 17 to January 22. Held at multiple venues, it showcases automakers' concepts and production-ready models. Visitors can register online for free. Media and dealers have exclusive access on January 17 and 18. The event features various thematic exhibitions including motor and component shows.
Indian equity benchmarks rose, but four Nifty 500 stocks hit 52-week lows, including MRF, LIC, Adani Wilmar, and AIA Engineering, reflecting declines in the last year ranging from 5% to 27%.
The venture capital firm Riceberg Ventures plans to fund 25-30 startups globally with an average cheque size of $0.5 million. The sectors they aim to invest in are spacetech, medtech/lifesciences, cybersecurity, artificial intelligence (AI), robotics, novel energy, semiconductors and quantum computing. The firm emphasized the need to support deeptech startups, which often face funding challenges due to long R&D and incubation periods.
The Indian rupee hit an all-time low of 86.6475 on Tuesday due to strong dollar bids, partially spurred by maturities in the NDF market. RBI intervention helped limit losses. The rupee saw its sharpest decline in nearly two years on Monday due to a robust dollar, influenced by optimistic U.S. job reports affecting interest rate cut expectations.
Rupee fall: India's central bank plans to use foreign exchange reserves judiciously to handle currency market volatility amid global challenges. While the RBI will intervene to manage volatility, it will not massively protect specific levels, especially with a declining rupee and reduced foreign portfolio inflows since November.
This is a corrective phase sparked by fears of a slowdown in earnings. And it is now accompanied by two major headwinds: One, rising oil prices; and two, higher US bond yields. In this scenario, you can well question the logic of looking at mid-caps stocks. So ask yourself this question: Will all the things bothering the market change the business outlook of the company whose stock you want to buy? Consider this: For oil companies that import oil and sell only in the domestic market, the rising rupee is an issue. Читать дальше...
Mark Carney, former central banker, hinted at running to be Canada's next prime minister on The Daily Show. This comes after Justin Trudeau announced his resignation. Carney, credited for navigating economic crises, faces ex-Finance Minister Chrystia Freeland in the Liberal Party leadership race. The change in leadership may affect upcoming elections and Canada's economic policies.
Nine equity mutual funds experienced outflows exceeding Rs 500 crore in December, with Kotak Flexicap Fund leading at Rs 849 crore. Notable outflows also occurred in SBI, Mirae Asset, and ICICI Prudential schemes.
Los Wildfires have led to massive destruction and has claimed at least 24 lives so far but has also sparked conspiracy theories that are running wild on the internet. These conspiracy theories include allegations against Sean "Diddy" Combs, the spreading of doctored footage of the iconic Hollywood sign on fire, misleading governmental zoning changes, and accusations of arson.
The Indian Institute of Space Technology (IIST) and the Indian Institute of Remote Sensing (IIRS) offer various academic programs including graduate, postgraduate, and doctoral degrees in space science, technology, and geo-informatics. These programs are designed for diverse target groups, with course durations ranging from one-week to two-years.
Prime minister Narendra Modi and UP chief minister Adityanath launched the Kumbh Sah'AI'yak AI chatbot to assist pilgrims at Maha Kumbh 2025 in Prayagraj. Supporting multiple languages, it provides event information, travel guidance, and personalised assistance. Developed by the Prayagraj Mela Authority and UPDESCO, it ensures accessibility via mobile app, website, and WhatsApp, enhancing the pilgrim experience.
Auto drivers in Delhi are dealing with rising CNG costs and the push for electric vehicles. These issues, along with competition from app-based services, are affecting their income. They appreciate some benefits announced by the AAP but have concerns about the practical implementation of policies. Their support for AAP may waver based on how their grievances are addressed.
Mauro Morandi, known for living alone on Budelli Island for over 30 years, has died at 85. He became famous as the 'Robinson Crusoe' of the Mediterranean. Morandi was evicted from the island in 2021 and struggled to adapt to urban life. He passed away in Modena after his health declined.
Automobile dispatches to dealers increased by 12% in 2024 compared to the previous year, driven primarily by a 14.5% growth in two-wheeler sales. Scooters rose by 20% and motorcycles by 12%. Passenger vehicles and three-wheelers also posted their highest-ever sales, while commercial vehicles saw a slight decline of 3%.
India plans to enhance its textile and garment industry with financial support, reduced tariffs on crucial inputs, and local production incentives in its upcoming budget. The political turmoil in Bangladesh has led global retailers to consider India as an alternative, leading to increased export orders for Indian garment producers. The government may raise textile ministry budget allocation and production-linked incentives.
European shares rebound after two days of losses, led by gains in automobile and mining stocks. The pan-European STOXX 600 index rose 0.6%. French Prime Minister Francois Bayrou's speech on pension reforms is the key event of the day. JD Sports Fashion and BP faced declines due to lower profit forecast and refining margins.