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Nifty is currently just 40 points away from hitting the 21,000 mark. «Markets saw a smart rally of 11% since the low of October end. Despite this sharp up-move, Nifty is trading at a 12-month forward P/E ratio of 18.4x, which is at a 9% discount vs its long-period average. Hence, we expect focus to shift towards the largecap stocks,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal. Here's breaking down the pre-market actions: STATE OF THE MARKETS Gift Nifty signals negative start Nifty futures on the Gift Nifty traded 56 points or 0.27% lower at 21,045.50, signalling a breather for the equity market bulls following a seven-day rally.

Edited excerpts: Yes, it is difficult in a world that has gone from one shot to another with the consequence being fiscal space in countries has shrunk in some countries. The fight against inflation means that interest rates are high, and for countries with a high level of debt that eats up resources. On top of it, with advanced economies now moving towards industrial policy and green subsidies—which overall is a good track to accelerate decarbonization—they become more attractive for private investors because it’s easier to invest in the developed world.

By Julia Symmes Cobb

Bil Energy System Ltd for liquidation as no viable revival plan was offered to the lenders of the BSE-listed firm that has failed to pay dues of about Rs 167 crore. As part of the process, the National Company Law Tribunal (NCLT) has also appointed G Madhusudhan Rao as the company’s liquidator, said people aware of the development. Last year in December, the Mumbai-based power sector equipment manufacturer was admitted under the corporate insolvency resolution process (CIRP) in an application filed by the State Bank of India after it defaulting on its dues of about Rs 167 crore. When the resolution professional of the company invited bidders, the company received interest from three potential applicants, including Aruna Kailash Shah, Mayank Goyal and Subhalakshmi Investment Advisory. However, the lenders felt that without having clarity on and taking possession of the assets of the bankrupt company, the proposed bidders would not be able to submit an effective resolution plan and, accordingly, on June 3, 2023, the lenders with 100% voting rights decided to initiate the liquidation process of Bil Energy System. The lenders noted that the company was not a going concern for three years before being admitted to CIRP, and that most of its assets are untraceable. “The absence of physical assets, machinery transfers without lender consent before the CIRP, the status of going concern at the insolvency commencement date, and the need for clear demarcation and physical possession of factory land are some of the pressing issues detrimental to getting any value,” said Kalpit Khandelwal, partner at the law firm Aekom Legal.

Yellowstone" creator Taylor Sheridan and show's star Cole Hauser. Sheridan's coffee company Bosque Ranch is suing Hauser's Free Rein Coffee Company for trademark infringement, unfair competition and false advertising. As per a November 21 suit filed in the Northern District of Texas' federal court in San Angelo, Sheridian has accused Free Rein of using a «strikingly similar» brand mark to Bosque Ranch in order to «mistake or to deceive as to the affiliation, connection, or association» of the company with Bosque Ranch, according to court documents. Bosque Ranch contends that both brands utilize logos composed of intertwined letters, with BR representing Bosque Ranch and FR representing Free Rein. The claim is that these logos are too similar, potentially causing confusion among customers. Bosque Ranch serves as both the name of Sheridan's coffee company, launched in June, and the designation for his multipurpose ranch where productions like «Yellowstone» and its spinoffs are filmed.

A conglomerate of unions in Norway says it will take action against Tesla in solidarity with its Swedish colleagues

Boris Johnson faced intense scrutiny over his handling of the early stages of the pandemic in an appearance before the Covid inquiry in London. Johnson insisted that he was not adequately warned about the severity of Covid-19 in early 2020, attributing the lack of urgency to a prevailing sense of complacency within the government. He expressed regret for mistakes made but argued that some errors were unavoidable given the prevailing mindset at the time.

Spain faced an unusual situation when she accidentally swallowed her toothbrush while trying to clear a piece of turkey stuck in her throat. The incident occurred on November 29 while the woman, Heizea, was having a meal.

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Narendra Modi. At CoP-26 held in Glasgow, India launched the Lifestyle for the Environment (LiFE) initiative, recognizing the necessity of behavioural change to drive climate-friendly solutions among individuals, communities and organizations.

The idea of penning this down came from a re-reading of Machiavelli’s Prince. This book laid down principles of statecraft back in 1513, but remains valid today. In the same spirit, this is an ‘officious’ list, entirely unsolicited, of principles for regulators of all kind.

Rahul Gandhi's ordinance-tearing act in 2013 and said he has all the "arrogance" of his Gandhi-Nehru lineage without their political acumen and that this episode was the "final nail in the coffin" for the Congress in the Lok Sabha polls the subsequent year, a book on the late president says. "In Pranab, My Father: A Daughter Remembers", Sharmistha Mukherjee says that her father also told her that "maybe politics wasn't Rahul's calling" and his "lack of charisma and political understanding is creating a problem" besides his "frequent disappearing acts". In another related incident Sharmistha Mukherjee says,"In the morning one day Rahul Gandhi came to meet him(Pranab Mukherjee)...as it turned out that Rahul was actually supposed to meet him in the evening...when I mentioned it to my father he sarcastically commented that, if Rahul's office doesn't differentiate between the am and pm, how do they hope to run the PMO one day".

Narendra Modi before leaving for the world’s biggest climate conference being held in Dubai. During his address at the opening plenary, Modi said India has shown the way forward for countries on how they can strike a balance between development and environment conservation and reiterated India’s commitment towards ensuring a greener planet.

government told Parliament on Wednesday that e-commerce is an emerging and dynamic sector, and wide stakeholder consultations are required for formulation of a national policy on the sector. Minister of state for commerce and industry Som Parkash said in a written reply to the Lok Sabha that a draft e-commerce policy was placed in public domain on February 23, 2019 for public consultations. “Suggestions have been received from various stakeholders.

Venezuelan President Nicolás Maduro is asking the country’s state-owned companies to “immediately” begin to explore and exploit the oil, gas and mines in Guyana’s Essequibo region, a territory larger than Greece and rich in oil and minerals that Venezu...

PM Kisan Scheme beneficiaries must complete e-KYC and link their bank account to Aadhaar to directly receive benefits in their bank accounts. It was noticed in a question put to the government in the Lok Sabha that nearly 2.4 lakh farmers enrolled under the PM Kisan scheme are not getting the benefits of this scheme because they are unable to link their Aadhaar Card with Bank Accounts. PM Kisan 16th installment: When will beneficiaries receive next installment amount? As per the government’s reply: Under PM-KISAN, the condition of Aadhaar seeded bank account is mandatory from 13th instalment to ensure that benefits are transferred only to intended beneficiary’s bank account. Further, transferring the benefits in the Aadhaar seeded bank accounts of beneficiaries has inherent advantage in their favor as in case of change of bank accounts, beneficiaries are not required to travel back to the Department to update the same. In order to saturate the Aadhaar seeding of the bank accounts, the beneficiaries are contacted by the State/UT Governments for completing their Aadhaar seeding with their active bank accounts. The Central Government also sends one to one messages to such farmers for taking necessary actions so that benefits can be transferred to them without any hassle.

Jawan’ may have left the theatres, but its impact is as powerful as ever. The Shah Rukh Khan-starrer is now the most popular Indian movie on the popular movie database website IMDb. The social media handle of the database shared pictures of ‘Jawan’ director Atlee being handed an award.

WASHINGTON—During more than a dozen phone calls to discuss the war in Gaza between President Biden and Prime Minister Benjamin Netanyahu, a U.S. official, who has become increasingly involved in the administration’s handling of the conflict, was listening in: Vice President Kamala Harris.

Sukhdev Singh Gogamedi, the Rajasthan Police has identified two shooters who were involved in the killing. The two assailants have been identified as Rohit Rathore Makrana and Nitin Fauji, said Rajasthan Police, adding that Nitin Fauji is a resident of Mahendragarh, Haryana.

startups as on October 31, Parliament was informed on Wednesday. These eligible firms are allowed to seek fiscal incentives under the Startup India Action Plan, which was launched in January 2016, and that includes income tax exemption for three years. Replying to a question in the Lok Sabha, Commerce and Industry Piyush Goyal said the action plan includes 19 items spanning across areas such as simplification and handholding, funding support and incentives and industry-academia partnership and incubation.

SHANGHAI/HONG KONG (Reuters) — Moody's (NYSE:MCO) negative outlook on China has intensified Beijing's battle with market bears, raising pressure on the government for more forceful measures to prop up sinking stocks and stabilise the yuan as investor confidence deteriorates.