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07.03 / 05:49
markets Align President Universities Department Schools rights Who is Lori Chavez-DeRemer, US Secretary of Labor
Lori Chavez-DeRemer is poised to become the U.S. Secretary of Labor under President Donald Trump, having cleared a key Senate procedural vote. A former congresswoman and Oregon mayor, she has a complex political history, once backing pro-labour policies but later aligning with Republican priorities. Her confirmation could shape labour laws, union rights, and workplace regulations in Trump's second term. With support from labour unions and some Democratic senators, her nomination signals both continuity and change for the Labour Department.
07.03 / 05:49
markets UPS Booking Sustainability travelers Schools Air New Zealand suspends flights from Brisbane and Gold Coast as Cyclone Alfred nears Australian coast
Cyclone Alfred, a category 2 storm in the Coral Sea, is likely to make landfall on Saturday morning (Australia time). Air New Zealand has announced that it has stopped operations in and out of Brisbane and Gold Coast in the face of the impending storm. While announcing the decision to suspend operations, Air New Zealand' chief operational integrity and safety officer Captain David Morgan stated that flights would resume only after the Australian authorities give the all clear and restore roads and rail connectivity to the affected airports. «Customers are advised not to travel to the airport and those impacted have been contacted directly with rebooking options. We also encourage customers to ensure their contact details are up to date in their booking, so we can reach them if needed. We understand some customers may no longer wish to travel to or from areas affected by the cyclone, so we are offering additional flexibility for affected customers. Customers ticketed to travel to or from Brisbane or the Gold Coast up to and including Sunday, 16 March, have the option to defer travel within seven days of their original booking or place the value of their ticket into credit,» Morgan was quoted as saying by New Zealand website RNZ.co.nz.
07.03 / 05:49
markets BLOCK Platform social singer Features Headlines Fake news clippings, scam ads featuring singer Shreya Ghoshal surface on X
Fake news clippings and ads featuring singer Shreya Ghoshal are surfacing on social media platform X, with sensational headlines and misleading website links. These posts also display logos of news publications such as The Indian Express. Sandeep Mittal, additional director general of police, cyber crime wing, Tamil Nadu, warned on X, “Verified @X Handles, having 10 to 15 followers, promoting Shreya Ghoshal Ads are scam traps to lure public into cyber scams. Be alert, be safe……”
07.03 / 05:49
markets UPS Trade electronic reports Updates Share market update: Most active stocks on D-Street today in terms of volume
The NSE Nifty index was trading 54.3 points up at 22599.0, while BSE Sensex was up 139.61 points at 74479.7 at the time of writing this report.
07.03 / 05:49
security WhatsApp Healthcare Diversity country audience Indian consulate in Shanghai hosts insightful talk on AI for the world
Tech Mahindra in China, addressed a diverse audience representing over 15+ countries. The talk explored India’s rich technological heritage, tracing its roots from Sanskrit texts to the development of large language models tailored to India's diverse dialects. Emphasizing India's commitment to responsible AI, Sharma highlighted Prime Minister Modi’s co-chairing of the Paris Summit as a testament to the country’s leadership in fostering AI for good and for all. The discussion also shed light on India’s thriving startup ecosystem, ranking 19th globally, with Bengaluru securing a spot among the top 10 startup hubs worldwide. India’s substantial new investment of $3 billion in AI infrastructure, the National Quantum Mission, and advancements in AI-driven applications across agriculture, cleantech, spacetech, and healthcare were underscored as key milestones.
07.03 / 05:01
markets UPS Analysis Trade reports Updates Stock market update: Nifty Bank index advances 0.1% in an upbeat market
Axis Bank Ltd.(up 1.49 per cent), Punjab National Bank(up 0.81 per cent), Federal Bank Ltd.(up 0.52 per cent), HDFC Bank Ltd.(up 0.42 per cent) and IDFC First Bank Ltd.(up 0.35 per cent) were among the top gainers.
07.03 / 05:01
markets UPS Election Research Trade Universities Schools China tariffs aimed at Trump fan base but leave wiggle room
retaliatory tariffs against US farm produce from corn to chicken are designed to hurt Donald Trump's voter base, but remain restrained enough to allow room for the adversaries to hash out a trade deal, analysts say. Since taking office in January, Trump has unleashed a storm of tariffs against friends and foes alike, this week hiking blanket duties on Chinese products, adding to a plethora of existing levies. Beijing swiftly responded with countermeasures targeting imports of American farm products — many of which are produced in the rural heartlands that voted resoundingly for Trump in the November election.
07.03 / 05:01
Target security Analysis Trade Experts recommendations rights Stocks to buy today: Coal India, Axis Bank among top 9 trading ideas for 7 March 2025
The Nifty futures closed positively with gains of 0.80%, at 22,620 levels on Thursday.
07.03 / 05:01
markets Cycling reports testing International cricket Tough discussions await at BCCI office over moving on from Rohit Sharma as captain after Champions Trophy final: Sources
ICC Champions Trophy final could shape the future of Indian cricket, particularly in terms of leadership and preparations for the 2027 ODI World Cup and the next World Test Championship cycle, ToI has reported. According to sources, the result of this pivotal match is expected to guide the direction the Board of Control for Cricket in India (BCCI) takes with regard to captaincy, especially for Rohit Sharma, as the board looks for stability over the next two years. While discussions regarding the future of Rohit’s leadership in both ODIs and Tests could take a tough turn, BCCI is aiming for a consistent leadership strategy in preparation for upcoming international events.
07.03 / 05:01
UPS Analysis trends Trade President rights Rupee falls 6 paise to 87.18 against US dollar in early trade
At the interbank foreign exchange, the rupee opened at 87.13 and lost further to trade at 87.18 against the greenback in early deals, registering a depreciation of 6 paise from its previous closing level.
07.03 / 05:01
markets security Align Sustainability Trade President International Who is Scott Bessent, Donald Trump's Treasury chief
Scott Bessent, a seasoned Wall Street investor, was confirmed on January 28, 2025, as the 79th US Secretary of the Treasury, becoming the first openly gay cabinet member in a Republican administration. At 62, Bessent brings four decades of global investment experience to the role, having built strong ties with international financial leaders. His nomination secured bipartisan support in the Senate with a 68-29 vote. Republican Senator Mike Crapo praised Bessent’s commitment to economic growth, while Democratic Senator Ron Wyden expressed concerns about his alignment with President Donald Trump’s policies. «It is crucial to have a Treasury Secretary in place to navigate economic challenges, and I support his confirmation,» Wyden said. Despite reservations, several Senate Democrats backed Bessent, citing the need for stability in financial leadership.
07.03 / 05:01
markets Action RAI Department prevention Investigations ED attaches Rs 65 cr properties linked to ex-GM of Sikkim bank in money laundering case
Directorate of Enforcement (ED) has provisionally attached movable and immovable properties worth Rs 65.46 crore in connection with a money laundering case involving a former general manager-ranked officer of a Sikkim-based bank. The ED said in a statement that the attached assets include four residential properties and land parcels located in Deorali, Syari, Ranipool and Penlong — all in Sikkim. These properties were allegedly acquired using proceeds from fraudulent activities linked to siphoning of funds from the State Bank of Sikkim (SBS) by Dorjee Tshering Lepcha, its former general manager (operations). Additionally, several bank accounts with a combined deposit of approximately Rs 53.41 crore in the names of Lepcha and his family members have also been frozen, the statement said.
07.03 / 05:01
markets UPS Reuters Analysis Trade Cycling India bond yields flat before US jobs data, 10-year yield crawls up
economic data to gauge the Federal Reserve's interest rate trajectory, which could also have a bearing on the domestic rate cycle. While yields on most bonds were flat, that on the 10-year benchmark bond rose slightly after the Reserve Bank of India did not include the note in next week's bond purchase.
07.03 / 05:01
Citi Manufacturing WhatsApp Highways electronic travelers Traffic Bengaluru: Traffic to be closed on elevated expressway for 7 hours – Check restriction timings, police advisory
Electronics City elevated expressway from 11 pm to 6 am starting Wednesday until further notice. According to traffic police, the National Highways Authority of India (NHAI) will conduct maintenance work on the expressway beginning on the night of March 5.
07.03 / 04:37
Cooper Trade War country reports peace China calls for 'peaceful coexistence' with the U.S. despite differences
BEIJING — China's Minister of Foreign Affairs Wang Yi struck a more conciliatory tone on U.S. relations during a high-profile press conference on Friday, in contrast to the ministry's more aggressive language earlier in the week.
07.03 / 03:21
markets UPS Analysis wellness trends Trade rights Larger banks and corporate-focused NBFCs should be a decent part of portfolio now: Sandip Sabharwal
Sandip Sabharwal, asksandipsabharwal.com, says on a pure valuation basis, although many mid and smallcaps are looking very attractive right now, the initial up move as foreign funds come back, will be on the largecap side. The largecaps would move up first and then, small and midcaps could catch up. NBFCs, banks, the larger banks and the corporate-focused NBFCs, should be a decent part of the portfolio along with infrastructure-oriented companies. Auto should do well next year. What is it looking like in terms of macros with the RBI injecting further liquidity and crude significantly cooling off, while the tariff flip-flop continues. Does it seem like we could be close to bottoming out at an index level at least? Sandip Sabharwal: I mentioned on Monday that we are fully deployed because in our view risk-reward is extremely favourable in India. Given that the macros will be much better next year as liquidity improves, interest rates come down, government spending improves, and a lot of disruptions which were there last year are no longer there.
07.03 / 03:21
markets Analysis economy Research trends Trade Experts Why retail investors should hold cash in volatile markets, Pankaj Pandey explains
global economic uncertainty and market volatility, retail investors are being advised to hold some cash reserves rather than deploying all their capital into equities. Pankaj Pandey, Head of Research at ICICIdirect, cautioned that persistent global risks, including policy paralysis and trade tensions, could trigger further corrections in the Indian stock market. Speaking in an ET Now interaction, Pandey emphasized that uncertainty regarding global growth and inflation remains, primarily due to ongoing trade disputes between the world’s two largest economies. He warned that the market might not be fully factoring in the potential risks, making it prudent for investors to maintain some liquidity.
07.03 / 03:21
markets Fox students social reports Department US to reportedly use AI to revoke visas of students it sees as Hamas supporters
Fox News separately reported the State Department revoked the visa of a student who allegedly participated in what the department termed as «Hamas-supporting disruptions.» The revocation marked the first such action, according to the report. The State Department was working with the Department of Justice and the Department of Homeland Security, according to Axios.
07.03 / 03:21
markets Target Manufacturing Analysis Trade cover Pharmaceuticals Laurus Labs shares in focus after board approves Rs 83.3 crore investment in KRKA Pharma
Laurus Labs will be in focus on Friday after the company approved an investment of Rs 83.3 crore in KRKA Pharma Pvt Ltd, a joint venture. In addition, KRKA d.d., Novo Mesto, Slovenia (the co-venturer), will invest Rs 86.7 crore in KRKA Pharma, thereby maintaining the current shareholding ratio of 51:49 between KRKA d.d., Novo Mesto, and Laurus Labs.
07.03 / 03:21
markets Manufacturing wellness Trade performer electronic recommendations Markets reversing? Sudip Bandyopadhyay on 5 stocks to consider now
Sudip Bandyopadhyay, Group Chairman, Inditrade Capital, says post correction, some of the larger banks, particularly SBI, is looking very good for somebody willing to build a long-term portfolio, Apart from that, one can look at some of the down-and-out banks which took a hit because of multiple reasons, particularly asset quality issues on the microfinance book. IndusInd Bank is one bank which I will definitely recommend from a little aggressive investors’ point of view. It is a good time to start buying into IndusInd Bank as well. Among pharma companies, one can go for domestic focused pharma companies like Mankind Pharma and pharma companies having significant manufacturing facilities in the US like Piramal Pharma. The other stock Bandyopadhyay likes is a defence PSU. There is a significant opportunity for Bharat Electronics (BEL) to perform and outperform. This correction should be taken as an opportunity to accumulate this stock. Some of the markers seem to be reversing. Crude is on our side and now RBI also is pumping in a whole lot of liquidity in the system. Do you think that is enough to turn around the markets? Sudip Bandyopadhyay: Well, it may not be enough in the long term, but the short-term market is very much excited.

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