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Also Read- Multibagger Stock: KPI Green Energy zoomed over 200% in less than six months, advanced 510% in a year “The forecast of above normal monsoon augurs well for the economy and stock markets. This will enable a 7 % GDP growth for FY 25 with corporate earnings growth of around 14 %" said *V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services. The Good monsoon will lift the rural economy and improvement in rural income will boost demand for consumer staples, which, in turn, will boost the bottom line of FMCG companies, added Vijayakumar.

MUMBAI : The Reserve Bank of India (RBI) has proposed that non-banks offering physical point of sale services (PoS) must notify the regulator of their intent to seek authorization within 60 days, and then submit their application by 31 May 2025, for approval to continue operations. “…they shall be allowed to continue their operations till they receive communication from the RBI regarding (the) fate of their application," the regulator said in a draft circular late on Tuesday.

Mukesh Jain experienced a twofold joy as his younger son Ayan, mirroring his elder sibling Arth's achievement in 2020, clinched the 16th rank in the UPSC civil services examination (CSE)-2023. Arth Jain, Ayan's elder brother, had previously secured the 16th rank in the CSE 2020 and is currently serving in the Madhya Pradesh cadre. Both Arth and Ayan Jain boast graduation degrees from the esteemed Indian Institute of Technology (IIT) Delhi. «While I anticipated a commendable rank, it's purely coincidental that I secured the 16th position, just like my elder brother did in the 2020 CSE. It's a delightful surprise for all of us,» Ayan Jain told PTI. Ayan Jain also said that if he gets a chance he would give Madhya Pradesh as his primary preference." Opting for mathematics as his optional subject, Ayan Jain clinched the 16th rank in his third attempt.

Reuters. "All flydubai flights scheduled for departure from Dubai this evening (16 April) have been canceled effective immediately until 10:00 (Dubai local time) on 17 April. During this period, passengers who do not have Dubai as their final destination will not be accepted for travel," a flyDubai spokesperson was quoted as saying.

Tata Communications, ICICI Lombard, Angel One among others. The boards of Tata Communications and ICICI Lombard will also consider paying a final dividend to investors along with the fourth quarter results. Some other companies which will also declare their results later today include Just Dial, Hathway Cable, DRA Consultants, Hardcastle, Infomedia Press and KCL Infra.

Ram Navami and all the segments will stay shut. However, the multi commodity exchange (MCX) will function as usual in the second session. Since it’s also a settlement holiday, the commodity account balance on April 17 will not include the credits from profits from trades or positions in the commodity derivatives on April 16 and credits from exiting option positions on April 16.

₹64.90 to ₹59.50 per share year-to-date (YTD), marking a decrease of approximately 8.32 per cent during this period. Yet, according to the Anand Rathi stock research team's assessment, the stock has transitioned beyond its base building phase and is poised to deliver significant upside potential.

Aditya Srivastava as the topper for the Civil Services Examination (CSE) 2023. Hailing from Lucknow, Uttar Pradesh, Srivastava has made his mark with a background in Electrical Engineering. His achievement is a testament to his hard work and dedication towards his goal of serving the nation through the civil services.

Requisite sanction has been procured to prosecute NewsClick founder and Editor-in-Chief Prabir Purkayastha under anti-terror law UAPA in a case where the news portal has been accused of having received money to spread pro-China propaganda, Delhi police told a court here on Tuesday. The prosecution told Additional Sessions Judge Hardeep Kaur that the sanction documents have been filed as a part of a supplementary charge sheet in the case. The judge posted the matter for further hearing on April 30. Under the Unlawful Activities (Prevention) Act, an independent authority makes a recommendation to the competent authority (central or state government) about prosecuting an accused after reviewing the evidence gathered by the investigating agency. It is for the competent authority to decide whether or not to grant sanction.

PK Sidharth Ramkumar has made his mark in the UPSC Civil Services results by securing the fourth position in the prestigious exam. His achievement has come as a surprise to many, including his own parents who had no clue about his appearance in the exam this time. Ramkumar's decision to leave the IPS and take up the IAS has proven to be a wise one, as he is currently undergoing training at the IPS Academy in Hyderabad. Ramkumar's father expressed unexpected happiness upon learning about his son's success in the UPSC Civil Services exam. This achievement is a testament to Ramkumar's hard work, dedication, and determination to excel in his chosen field. Despite the challenges and obstacles he may have faced along the way, Ramkumar's perseverance has paid off, earning him a well-deserved spot among the top ranks in the exam. Described as an all-rounder by his elder brother, Ramkumar's success in the UPSC Civil Services exam is a reflection of his multifaceted talents and abilities. His decision to switch from the IPS to the IAS demonstrates his willingness to adapt and pursue new opportunities for growth and development.

ALSO READ: UPSC CDS-1 Exam on April 21. Here is direct link to download the admit card Presently he is undergoing IPS training in Hyderabad. Aditya has graduated from Indian Institutes of Technology (IIT) Kanpur with B.Tech-M.Tech dual degree course.

Union Public Service Commission (UPSC) on Tuesday declared the results for the Civil Services Exam 2023, with «Aditya Srivastava» securing the top rank. «Animesh Pradhan» and «Donuru Ananya Reddy» secured the second and third ranks respectively, it said.A total of 1,016 candidates cleared the examination and have been recommended for different central government services, the UPSC said. The Civil Services Exam is conducted annually in three stages — preliminary, main and interview — by the UPSC to select officers of Indian Administrative Service (IAS), Indian Foreign Service (IFS) and Indian Police Service (IPS), among others. Click here to download the full UPSC CSE 2023 Exam Result Here

inflation in India, improving productivity growth alongside external factors, economists now expect the Reserve Bank of India to hold the rates steady and expect no easing in FY25. A report by Morgan Stanley on Tuesday said that the RBI is likely to keep the policy rate steady at 6.5 per cent due to global factors such as higher commodity prices, delayed start or shallower easing from the Fed and a stronger dollar. In addition, the decision also depends on domestic factors such as continued upside surprise in growth, driven by capex and productivity, implying higher equilibrium real rates.

Dolly Khanna portfolio: Selan Exploration Technology share price has been on an uptrend since mid-March 2024. After bottoming out at ₹410 apiece level on 14th March 2024, Selan Exploration share price has been rising to new peaks regularly. This Dolly Khanna latest portfolio entrant today opened upside at ₹599 apiece and went on to touch an intraday high of ₹683.70 per share on NSE within an hour of the stock market's opening bell.

₹10.9 in March 2021 to currently trade at ₹430.25. Meanwhile, it rallied almost 849 percent in the last 1 year, rising from ₹45.35. In 2024 year-to-date (YTD), the stock has jumped 56 percent, giving positive returns in 3 of the 4 months so far.

Stock Market News: The domestic benchmark equity indices, the Sensex and the Nifty 50, began Tuesday's trading day down, following their Asian peers and weak global cues. This was primarily due to investor fears already heightened by geopolitical tensions in the Middle East, as well as anticipation of a probable delay in US Federal Reserve rate cuts.

Day trading guide for stock market today: The Indian stock market witnessed sharp selling for the second day in a row on Monday as global equity bias continues to remain weak on the rising Iran-Iran conflict. The Nifty 50 index crashed 246 points or 1.10 percent and closed at the 22,272 level, the BSE Sensex tanked 845 points or 1.14 percent and finished at the 73,399 mark whereas the Bank Nifty index nosedived 791 points or 1.63 percent and ended at 47,773 level.

health insurance companies to reduce the maximum waiting period to get complete health insurance coverage in case of pre-existing diseases (PED) from 4 years to 3 years. The regulator modified the definition of pre-existing disease in its IRDAI (Insurance Products) Regulations, 2024, notified on April 1, 2024. According to the notification, pre-existing disease (PED) means any condition, ailment, injury or disease: a) that is/are diagnosed by a physician not more than 36 months prior to the date of commencement of the policy issued by the insurer; or b) for which medical advice or treatment was recommended by, or received from, a physician, not more than 36 months prior to the date of commencement of the policy.

Medical experts are sounding the alarm about the Canadian Task Force on Preventive Health Care, branding the group’s cancer screening guidelines as “dangerous” and “deplorable.”

Solana developers on Monday announced a mainnet beta update, version 1.17.31, aimed at addressing the network’s recent congestion problems.

Sahil Kapoor, Head of Products & Market Strategist, DSP Mutual Fund, says top-line growth is slowing; we already have peak profit margins and drivers of profit margins are absent which can expand profit margins from here and then you question that if earnings growth is going to be 12% to 14%, why would you pay 23 times or in midcap 28 to 40 times earnings multiples? Those expectations will have to be recalibrated and possibly the markets will do that over the next 12 to 24 months.” What is your market outlook in terms of equity markets in India? The smallcap and midcap indices were getting a bit frothy and the overall clamour was that it is safer to be in largecap stocks. Is that what you are changing your product portfolios to be in terms of what you are recommending to your clients? Sahil Kapoor: When you look at the broader universe, small and midcaps appear slightly more expensive compared to largecaps on a relative basis.