Electronic Financial News

Modi hi', Dalal Street investors have been hoarding PSU stocks in large numbers ever since voting for the Lok Sabha election began on April 19. During the period, the market capitalisation of BSE PSU index has increased by nearly Rs 7 lakh crore with stocks of state-owned entities, now being categorised as «Modi stocks», rallying up to 87%. Shares of defence PSUs, one of the key beneficiaries of PM Modi's 'Aatmanirbhar Bharat' policy, dominate the list of election season winners. Cochin Shipyard, Bharat Dynamics and Mazagon Dock Shipbuilders have rallied in between 87% and 56% during the period.

technology have witnessed such a tremendous shift that it's possible for you to charge your dead laptop or mobile phone in a minute and an electronic car in 10 minutes. Yes, new technology is here! An Indian-origin researcher has revealed a novel technology that can do the same in just a few moments. Ankur Gupta, an assistant professor of chemical and biological engineering at the US-based University of Colorado Boulder, and his team of researchers discovered the technology, which has been published in the journal Proceedings of the National Academy of Sciences.

electronic tax return filing system that it experimented with this year and is asking all 50 states and the District of Columbia to help taxpayers file their returns through the program in 2025. The IRS tried the Direct File project for the 2024 tax season on a limited basis in 12 states for people with very simple W-2s, the employee’s wage and tax statement. The agency also is inviting all states with a state income tax to sign up and help people file their state returns for free.

AI and clean energy: Prepare for the global economy that's emergingMoreover, the consumer electronics industry is set to contribute to this growth, driven by the steady rise in AI-specific chips used in personal computers. This trend is expected to continue over the next three years, the report said.Gartner's analysis indicates that 'AI PCs', including desktops and laptops equipped with dedicated chips for AI tasks, will account for just over one-fifth of all new desktop and laptop sales worldwide this year.“By the end of 2026, 100% of enterprise PC purchases will be an AI PC," the report said, highlighting the potential impact of Microsoft’s announcement on the launch of AI PCs earlier this month.On 20 May, Microsoft CEO Satya Nadella introduced 'Copilot+ PCs', a set of specifications mandating brands to incorporate chips with dedicated neural processors to enhance new features available on Microsoft’s Windows operating system.

Our employer clients often express frustration at the state of employment law. When it comes to terminating employees, the courts and legislators force employers to jump through hoops to avoid costly lawsuits. The recent decision by the Ontario Court of Appeal in only adds to the frustration of Ontario employers as the Court upheld a $50,000 aggravated (i.e., mental distress) award without a shred of expert medical or psychological evidence.

Best Buy reported another quarterly drop in sales as the nation’s largest consumer electronics chain wrestles with cautious spending by Americans as they prioritize essential purchases and pay more for things like rent

Lok Sabha Elections 2024 will end with the commencement of last and seventh phase of polling on June 1.Soon after the last vote is polled on June 1, Exit Polls by different agencies will start releasing numbers predicting the anticipated winners and the margin of their victory. The official results will be declared by the Election Commission of India (ECI) on June 4, however.

₹50 per share, as per stock market observers. This indicates that Aimtron Electronics shares trading at ₹211 apiece in the grey market, higher by ₹50, or at a premium of 31.06% to the issue price of ₹161.Also Read: Awfis Space Solutions share price makes a positive debut, stock opens with 13.5% premium at ₹435 apiece on NSEAimtron Electronics IPO has been subscribed 0.90 times so far on May 30, the first day of the bidding process.

Aimtron Electronics opened for subscription on Thursday and will close on June 3. The company aims to raise about Rs 87 crore through the SME IPO and list the shares on the NSE SME platform. Here are 10 key things investors need to know about the public offer before subscribing to the issue.

Modi will hit a hattrick on June 4 election result day and, if so, with how many seats in the Lok Sabha. Stock investors are fine-tuning their portfolios with sectors that are likely to benefit if BJP retains power. Going by promises made in BJP's election manifesto, all-things-capex is emerging as the biggest investing mantra before elections.

FTAs)," US Ambassador to India Eric M. Garcetti said in an interview. "But I do think that there's an openness in Washington to advance a discussion about preferential trade between our countries.

Whether you're looking for a compact design for small spaces, a spacious table for extensive study sessions, or a versatile piece with additional storage options, our carefully curated list highlights the best options on the market. Dive in to discover study tables that meet your needs without breaking the bank.

summer heat, rising absenteeism and loss of productivity has led to an all-time high demand for last-mile delivery and warehouse personnel to fill in for the daily attrition, said officials from staffing firms and logistics companies. About 2,000 delivery personnel are dropping off every day in quick commerce and 5,000 in food delivery, according to estimates by Teamlease Services. “A total of about 7,000 people – for quick commerce and food delivery — are needed for replacement hiring daily,” said Balasubramanian A, vice president and head of consumer and ecommerce at TeamLease. This is much higher than the daily exit of about 5,000 seen last year this time to cater to the typical summer season shortfall when many migrant labourers leave for their hometowns.

Reliance Industries’ retail arm, Reliance Retail will not compete with Blinkit and Zepto with a 10-minute delivery model for its proposed re-entry into quick commerce venture next month. Instead the country’s largest retailer is planning a 30-minute delivery model with a wider assortment than existing quick commerce companies which will be fed by Reliance’s own stores and the almost 20 lakh kiranas who source products from the company, said two executives aware of the plans. The kiranas are part of the JioMart Partner initiative whereby they source products from Reliance Retail’s wholesale arm and have their backend connected. The company will be utilizing tech platforms such as FYND and Locus for the fulfilment process and optimise delivery routes to ensure orders reach within 30 minutes, considering Reliance is not setting up dark stores like other quick commerce operators who have such warehouses in each locality for under-ten-minute delivery, they said.

Bharat Electronics Ltd. traded 1.31 per cent higher in Wednesday's session at 10:20AM (IST). The stock opened at Rs 285.65 and has touched an intraday high and low of Rs 293.95 and Rs 284.5, respectively, during the session so far. The stock quoted a 52-week high of Rs 303.35 and a 52-week low of 110.2. About 1,021,633 shares changed hands on the counter so far.

CUET UG 2024 for the Kanpur centre as the wrong CUET question paper was distributed at the exam centre. As per TOI report, about 1.58 lakh candidates will be appearing for CUET UG eams today.The CUET UG exams will be administered in four shifts -Shift 1A from 10 am to 11 am, shift 1B from 12.15 pm to 1 pm, shift 2A from 3 pm to 3.45 pm and shift 2B from 5 pm to 6 pm.CUET (UG) 2024 offers 63 test papers this year.

Investors are increasingly allocating more money to thematic funds, a category with 161 schemes having assets under management of Rs 3.06 lakh crore as of April. WHAT ARE THEMATIC FUNDS? Thematic funds are a category of equity funds which invest at least 80% of total assets in stocks of a particular theme. Some popular themes launched by fund houses in the last few years are public sector undertakings (PSU), infrastructure, MNC, business cycle, and manufacturing funds. For example, a PSU fund has a portfolio of PSU stocks like NTPC, Power Grid, SBI, HPCL, Hindustan Aeronautics, Bharat Electronics etc. A manufacturing fund will own companies in sectors like capital goods, engineering, cement, materials etc and exclude sectors like IT and core banking.

spending limits on online and real money games to tackle gaming addiction among children and young adults, sources told ET. A consensus on this method, which has also been adopted in China, emerged in the recent internal meetings of the ministry of electronics and information technology during which various aspects of the Information Technology Rules of 2021 were discussed.

Difacto Robotics and Automation has secured Rs 40 crore (about $4.8 million) from private equity firm Stakeboat Capital in its first financing round. Ajay Gopalswamy, founder and chief executive of the Bengaluru-headquartered company, told ET that the money will be used to expand across sectors such as cars, home appliances and electronics, as investment and volume in manufacturing go up.

New Delhi: India and Vietnam are gaining the most from the China plus one strategy, which is also expected to unlock new growth opportunities for Asian economies, according to Nomura. India's exports will likely surge to $835 billion by 2030 from $431 billion in 2023 with its large domestic market helping attract firms looking for supply chain alternatives to China, Nomura said in a report on Tuesday. «Firms in electronics, apparel & toys, automobile & components, capital goods and semiconductor manufacturing are looking to invest in India. Given India's large domestic consumer market, firms setting up shop in India are attracted also because of the captive domestic market,» Nomura said, predicting a 10% annual growth over the period.

Delhi court on Tuesday refused to summon Chief Minister Arvind Kejriwal in a criminal complaint filed by a BJP leader who accused him of defamation for claiming that AAP leaders were approached to join the saffron party in return for cash. Additional Chief Metropolitan Magistrate Tanya Bamniyal, however, summoned AAP leader Atishi, saying «prima facie» there was sufficient evidence against her in the matter. The judge directed Atishi, a minister in the Kejriwal cabinet, to appear before the court on June 29. BJP leader Praveen Shankar Kapoor had filed a case against Kejriwal and Atishi over poaching allegations made by the two.