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production-linked incentive (PLI) scheme for smartphones in August 2021, as per an Economic Times report. The majority of those employed are first-time time job seekers aged between 19 and 24 years, it added citing estimates from government officials and experts. Companies that get PLI benefits are required to report employment data to the government.

Apollo Micro Systems Limited are one of the multibagger stocks that the Indian stock market has delivered in recent years. This defence and aerospace company's stock price has ascended around 250 percent in the last one year whereas, in the last five years, Apollo Micro Systems share price has appreciated to the tune of 625 percent.

Hindustan Aeronautics share price rising more than 3% in morning trades scaled 52-week highs on a large order win worth ₹1173.42 Crores from Cochin Shipyard. Hindustan Aeronautics will be supplying 6 sets of LM2500 Gas Turbines(GT) and GT Auxiliaries (GTAE), Spares, Tools for Indian Navy Next Generation Missile Vessel(NGMV) Project to Cochin Shipyard. The order by Cochin Shipyard is to be executed by Hindustan Aeronautics (HAL) between FY26 to FY29.

Nifty50 hit a fresh record high of 22,530 as it rallied 0.80% while Sensex surged 500 points, up 0.70%.

ships began to chug up the Delaware River in recent years, transportation officials feared the prospect of one going astray that would lead to a repeat, or worse, of what happened in 1969, when a tanker struck the Delaware Memorial Bridge and caused significant damage. So, last year, work began on a $93 million project to build eight massive cylinders that would stand guard in front of the bridge's piers in order to protect a system that carries tens of thousands of vehicles a day. «The tankers and cargo ships of 1950 aren't the tankers and cargo ships of today,» said James Salmon, a spokesperson for the Delaware River and Bay Authority.

₹1,200, supported by a strong bullish candle, suggesting a continuation of the medium-term uptrend. The stock is exhibiting a medium-rising channel trend, finding support at the lower band and poised to advance towards the upper band. It has closed above the daily upper Bollinger band, signalling a buying opportunity in the short term also.

Buy or sell stocks: On the last trade session in FY24, the Indian stock market witnessed a decisive intraday upside breakout. The Nifty 50 index went up 203 points and ended at the 22,326 level, the BSE Sensex shot up 655 points and finished at the 73,651 mark whereas the Bank Nifty index surged 338 points and closed at the 47,124 level.

Bangladesh Prime Minister Sheikh Hasina is fighting back against the Opposition BNP’s India-Out campaign and has advised the BNP leaders and their families to first ban India made products in their homes before launching the malicious campaign. Last week Hasina launched an attack on BNP’s “India-Out” campaign on the occasion of the country’s Independence Day on March 26 advising the leaders of the Opposition party to first shun India made products at home and highlighted that even most kitchen items in Bangladesh are bought from India. “How many Indian saris do their wives have?” Hasina asked in a reference to BNP leaders at an event in Dhaka organised on the occasion of the country’s Independence Day observed on March 26.

The majority of these are first-time job seekers in the 19-24 years age group, said government officials and experts aware of the details. Apart from this, about 300,000 people have been employed indirectly, they estimated. Companies that get incentives under the PLI scheme need to submit employment creation data to the government.

Fighter ( ₹199.96 crore), Teri Baaton Mein Aisa Uljha Jiya ( ₹81.61 crore) and Yodha ( ₹30.70 crore) - performed well below par. By contrast, in January-March of 2023, Shah Rukh Khan’s Pathaan was a blockbuster success, becoming the first Hindi language film to cross the ₹500-crore mark at the domestic box office. Two Tamil films - Vijay’s Varisu and Ajith-starrer Thunivu - were also big hits, each earning over ₹170 crore.

₹11.1 trillion in FY25, budget documents showed. Emails sent to the finance ministry and the rural development ministry seeking their comments remained unanswered till press time. In FY24, the total spending for rural jobs is projected to be ₹86,000 crore, slightly below ₹90,806 crore spent in FY23.

Thinking Fast And Slow, and Noise, that he co-wrote, are among my top five of all time. Nobel Laureate. Best-selling author.

Indian stock market: The Nifty has made a notable advance above 22,500, following a sustained movement beyond 22,100. Moreover, there's a visible consolidation breakout on the daily timeframe, indicating an increase in optimism. However, the Nifty faced initial resistance around its previous swing high of 22,526.

RBI may again keep the key interest rate unchanged in April as it is likely to focus more on bringing down inflation to the 4 per cent target after concerns over economic growth abated with GDP growth estimated at nearly 8 per cent, said experts. Also, the Reserve Bank's rate-setting panel — Monetary Policy Committee (MPC) — may take cues from the central banks of some major economies like the US and UK, which are apparently in wait-and-watch mode on interest rate cuts. Switzerland has become the first major economy to cut interest rates, while Japan, the world's third-largest economy, ended its eight-year period of negative interest rates regime. The meeting of the Reserve Bank Governor Shaktikanta Das headed MPC is scheduled for April 3-5. The decision will be announced on April 5 (Friday). It will be the first bi-monthly monetary policy of fiscal 2024-25. A total of six MPC meetings are scheduled for the fiscal beginning April 1, 2024.

Tata Motors, Bajaj Auto, Adani Ports, Coal India, and Hero Motocorp witnessed extraordinary growth, with each of them vaulting over 100 per cent. Surprisingly, out of all Nifty 50 stocks, only two - Hindustan Unilever and HDFC Bank - concluded the fiscal year in the red, experiencing a decline of over 10 per cent each. Also Read: FY24 Review | Bajaj Auto, NTPC, among top 10 Nifty 50 performers, deliver hefty 80-140% returns in last 12 months The midcap and smallcap indices outshone the benchmarks by a significant margin.

Federal Reserve cooled last month, and consumer spending rebounded sharply. Earlier in the week, the collapse of a major bridge in Baltimore will cause weeks or months of transportation disruptions in the Mid-Atlantic region and accelerate a shift of cargo to the US West Coast. In Japan, the yen weakened to levels last seen in 1990, prompting multiple officials to affirm their commitment to intervene if necessary.

Also Read- Expert View: Valuations are looking expensive for the market as a whole, says BNP's Kunal Vora On short term basis, generally markets are driven more by news, events etc. which are unpredictable and general volatility rises in the markets when frequency of these event increases. Its very normal for markets to correct 5-10%, having said that such fall has historically been bought into and market generally recovers in next two months post a fall.

Nifty 50 ended FY24 on buoyant note logging their best performance in three fiscal years, gaining 29 per cent in FY24, while Sensex rose 24 per cent. Nifty 50 has advanced 2.74 per cent in the January-March quarter, extending gains for four straight quarters in a row.

As the excitement builds for the upcoming total solar eclipse, warnings about counterfeit and fake eclipse glasses are also popping up.

Also Read: Expert View | Oil market oversupplied with high US output, Brent seen at $87-$92 for 2024: ShareKhan's Mohammed Imran -In April 2023, OPEC+ announced oil production cuts of around 1.16 million barrels per day (bpd) in a surprise decision. The shock cut, led by Saudi Arabia, immediately drove crude oil prices 8 per cent higher to $83.95 per barrel, which at the time - was the highest rise in more than a year then. The voluntary cuts started from May 2023 and were put in place to last until the end of the year.

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