Analysis Financial News
11.05 / 08:19
markets
Target
Action
Analysis
Election
Trade
recommendations
Buy or sell: Sumeet Bagadia recommends three stocks to buy on Monday — May 13
equity market has been underperforming its major global peers amid sharp selling by foreign portfolio investors (FPIs), the delay in a US interest rate cut, cautiousness ahead of the Lok Sabha election outcome, muted Q4 results and a substantial increase in the India VIX. Over the past few months, the benchmark Nifty 50 index has been trading within a broad range of 21,750 to 22,800, and is currently approaching the lower end of this range. The Bank Nifty index is nearing its next immediate support level at 47,200, analysts said.
11.05 / 08:01
security
Analysis
Remark
WhatsApp
Simulation
country
testing
'NDA government's 1998 Pokhran nuclear test ensured India's national security': S Jaishankar
Jaishankar recently recalled the pivotal 1998 Pokhran nuclear tests conducted under the NDA government, emphasizing their role in ensuring India's national security. He also underscored the government's ongoing efforts in countering terrorism and bolstering border infrastructure, highlighting the political significance of such decisions for the country's future. «This day in 1998, an NDA Government finally exercised India's nuclear weapon option. That momentous decision has since ensured our National Security. The current NDA Government has built on that foundation, robustly countering terror and building our border infrastructure,» EAM posted on X. «The country must know who stands where when it comes to National Security issues. Our political choices are eventually choices about the future of Bharat,» he added.
11.05 / 01:51
UPS
Analysis
Election
information
gatherings
medicines
Investigations
Maharashtra: NCB busts interstate drug racket, seizes 3,600 Nitrazepam tablets, codeine syrup bottles in Thane, two held
interstate drug syndicate, the Narcotics Control Bureau (NCB) has arrested two accused at Kalyan Railway Station in Thane and seized from them 3,600 Nitrazepam tablets and 270 bottles of Codeine syrup. According to the NCB, the network has its tentacles spread across multiple states, including Maharashtra, and Karnataka. «In a closely coordinated operation, NCB has successfully delivered yet another cracking blow to the interstate drug syndicate, which has led to the seizure of 3600 Nitrazepam tablets & 270 bottles of Codeine syrup for which two persons, including the local distributor and his key associate, have been arrested,» said Additional Director NCB (Mumbai) Amit Ghawate in a press statement on Friday.
11.05 / 00:22
10.05 / 14:41
markets
Blockchain
Ethereum
Platform
Analysis
Trade
show
WAX to MATIC: Time to Swap?
Decentralization has led to the emergence of hundreds of new altcoins, NFTs, and stablecoins with varying use cases. Among these new crypto are WAX and MATIC, two exchangeable tokens that are a must-have for anyone looking to invest in blockchain.
10.05 / 12:03
Analysis
President
track
country
social
reports
cross-country
Report on 'shrinking' Hindu population scary, says Union Minister Pralhad Joshi
religious minorities: A cross-country analysis' presents a "scary" picture and that society and governments must take it seriously. Stating that he has not received the report, he said he has only read about it in the media. «A report has come regarding demographic change. Society and government should take it seriously. This is the only expectation because it has figured prominently in all the media, be it newspapers or news channels,» Joshi told reporters here. «This report is scary. Governments must take this report seriously and think about alterative measures,» Joshi said.
10.05 / 08:37
UPS
FIVE
Analysis
Enterprise
show
performer
Big stock movers of past year have brought fat returns
₹10 lakh at IRFC's lowest price each day and sold at the highest price (or short-sold at the highest price and bought back at the lowest), they could have made ₹1.17 crore in a year. Even capturing 20% of these gains would yield an annual return of over 200%. Intra-day movement is calculated as the difference between the daily high and low prices, divided by the low price.
10.05 / 02:33
Provident
Aware
Action
Analysis
Trade
Department
rights
Centre now plans to rein in direct selling industry, tighten regulations
NEW DELHI : The multi-billion-dollar direct selling industry has now come in the crosshairs of the central government, with the department of consumer affairs (DoCA) planning to scrutinize their regulatory compliances and prepare a list of rule violators, three people aware of the matter said. Several measures are also being put in place to increase vigilance against violation of direct selling rules and other unscrupulous practices by the fast-growing industry, the people added.
10.05 / 02:33
Entertainment
Analysis
film
Universities
audience
reports
Movies on a leash: Pre-poll censorship?
Sabarmati Report, Jahangir National University and Pratinidhi 2 have been withheld. Since their themes seem no different from the kind of fare that has already been allowed, this bit of censorship has become a talking point in entertainment circles.
10.05 / 02:33
markets
security
Analysis
Boeing
Research
Trade
recommendations
Nifty 50, Sensex today: What to expect from Indian stock market in trade on May 10
Sensex tanked 1,062.22 points, or 1.45%, to end at 72,404.17, while the Nifty 50 settled 345.00 points, or 1.55%, lower at 21,957.50. Nifty 50 formed a long negative candle on the daily chart, which is reflecting a sharp downside momentum in the market.
10.05 / 00:51
markets
COST
UPS
Analysis
Enterprise
show
Schools
GenAI production deployments on the rise in India: EY India
generative artificial intelligence (gen AI) proofs of concept (PoCs) in India went into production in fiscal year 2024, according to estimates by consulting firm EY India. Additionally, 15-20% of domestic enterprises and 30-40% of global capability centres (GCC) of multinationals have rolled out gen AI PoCs, EY's analysis of the last two quarters showed.
09.05 / 23:29
markets
Binance
Analysis
Justice
reports
Department
Canada fines Binance C$6m for AML violations
The Financial Transactions and Reports Analysis Centre of Canada says Binance failed to register as a foreign money services business. The company also failed, on thousands of occasions, to report large virtual currency transactions of C$10,000 or more in the course of a single transaction. Binance quit the Canadian market a year ago, citing the regulatory environment. Last week, the crypto giant's founder, Changpeng "CZ" Zhao, was sentenced to four months in prison in the US after pleading guilty to violating anti-money laundering requirements. Zhao pleaded guilty in November as part of deal between Binance and the Department of Justice, Treasury Department and CFTC to settle allegations that the exchange failed to maintain a proper AML programme, operated an unlicensed money-transmitting business and violated sanctions law. The world's largest crypto exchange agreed to forfeit $2.5 billion to the government and pay a fine of $1.8 billion.
09.05 / 20:47
09.05 / 18:19
markets
Binance
Analysis
information
reports
Crypto exchange Binance hit with $6-million fine by Fintrac
OTTAWA — The federal anti-money laundering agency has issued a $6-million fine to cryptocurrency exchange company Binance Holdings Ltd.
09.05 / 12:44
Analysis
Pantera Capital
Bitcoin
show
performer
reports
Pantera Capital Joins Bullish Bitcoin Forecasts, Predicts Price Surge to $114,000 by 2025
Crypto hedge fund Pantera Capital has reiterated its bullish stance on Bitcoin, predicting a potential surge in price to $114,000 by August 2025.
09.05 / 12:44
markets
Digital
Analysis
Remark
trends
innovations
Features
Veteran Analyst Who Called Solana’s Rebound Says DeFi 2.0 Altcoin Launching on May 21 2024 is ‘the Next SOL’, Expects 1000% Jump by June
Solana’s recent price surge has intrigued the cryptocurrency market, with traders and analysts closely monitoring its movements. Veteran analyst Crypto Tony’s astute observations and predictions have shed light on Solana’s impressive rebound, offering valuable insights into its trajectory and signalling a bullish outlook for the digital asset.However, amidst the buzz surrounding Solana’s resurgence, another groundbreaking development is on the horizon: the launch of a DeFi 2.0 altcoin, Retik Finance (RETIK), on 21st May 2024, set to make waves in the market and is termed ‘the Next SOL’ according to Crypto Tony.
09.05 / 11:19
Analysis
Experts
War
show
reports
Videos
Investigations
NOT
Is it a ghost or an alien? Creepy video from Las Vegas is not fake; expert explains why
NewsNation on May 3 that the video is original, saying, “Once you see it, you can’t deny it." He continued, “There's no editing. That is an original video." Roder added, “We tried to debunk it to see if there was something that was added to the video.
09.05 / 05:47
Analysis
Sustainability
Food
show
Inside
Videos
Can we grow plants on Moon? NASA's Artemis III mission plans to study possibilities; all you need to know
NASA's Artemis III is set to be a mission in 2026 that will carry a unique payload designed to explore the feasibility of growing plants in the lunar environment. NASA has selected the first scientific instruments for astronauts to deploy on the Moon's surface during Artemis III, including the Lunar Effects on Agricultural Flora (LEAF). LEAF will study how the lunar environment impacts space crops, examining plant photosynthesis, growth, and stress responses under space radiation and partial gravity conditions.
09.05 / 05:47
UPS
Analysis
pandemic
trends
Experts
Diversity
IT firms must renew efforts to boost women's representation, experts say
Mint analysis, Tata Consultancy Services (TCS), Infosys, Wipro and HCL Technologies saw their combined workforce drop by over 60,000 in FY24, while the overall share of women in these four companies remained unchanged at 35.5% as of 31 March, compared to 35.6% a year ago. While the share of women employees at these four firms remained about the same over the past year, their absolute number fell 22,498.
09.05 / 05:01
markets
Action
Analysis
Sustainability
performer
information
International
65% of Mutual Fund Investors Struggling to Beat Benchmarks, Dezerv Study Reveals
Wealth Monitor app has revealed that 65% of investors are struggling to outperform basic market benchmarks with their mutual fund holdings. The portfolio review app, designed to compare an investor's portfolio’s returns against market benchmarks, revealed a lesser-known reality that might have a significant impact on how investors view their portfolio’s returns. The reality is that a majority of mutual fund investors are inadvertently leaving substantial money on the table by failing to beat the broader market indices.
09.05 / 00:47
Booking
Analysis
Election
Experts
show
Schools
Denied tickets, betting sites still vie for seats in poll arena
election? Now, a slew of offshore apps and websites — albeit operating illicitly in India — are offering a chance to wager on the outcome of the world’s largest electoral process. Bets that can run into lakhs of rupees are being made across a dozen apps and websites over the results, margins of victory and party showing, an analysis by ET showed.
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