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Sam Altman and Arianna Huffington, author and founder of behaviour tech company Thrive Global, have launched a customised, hyper-personalised AI health coach, Thrive AI Health, to improve daily habits and chronic health issues. Thrive AI Health will be available as a mobile app and will be integrated with Thrive Global's enterprise products. The company will train the model through peer-reviewed science, along with personal biometric and medical data that a user shares with the company.

In a stock exchange notice today (9 July), the board said all resolutions were passed at a court and subsequent general meeting held on Monday (8 July), with 99.97% of votes cast in favour. The vote follows an agreement reached last month between Lyra Bidco, a wholly-owned Blackstone company, and the SONG board for an increased and revised recommended all-cash acquisition by the private equity giant.  Under the agreement, each Hipgnosis shareholder will be entitled to receive $1.31 in cash for every share they hold, pushing the total consideration to just over $1.58bn. QuotedData's...

Navin Flourine and Escorts Kubota among other stocks are likely to remain in focus on Thursday as their record date for the purpose of the dividend payment is July 5. This means that today is the last chance to buy these stocks in order to be eligible for the dividend payment.

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The Nifty future closed positive with marginal gains of 0.02% at 24,210 levels on Tuesday. The India VIX was down 1.14% from 13.83 to 13.67 levels.

equity indices Sensex and Nifty hit fresh lifetime highs before closing flat, as profit-taking in select banking and telecom shares occurred amid mixed global cues on Tuesday. Stocks in focus included Solar Industries, which rose 8.23%; Kotak Bank, which fell 2.49%; and Max Health, whose shares declined 4.46% on Wednesday.

Mint Primer: The fallout of India's unpredictable farm trade policy According to one of the officials, the ministry’s budget proposals include the introduction of digital cards for farmers with geo-tagging under the PM-KISAN scheme, increasing the agriculture infrastructure fund, a push to clean plant programme for horticulture crops, including grapes and lemons, and building a team of 90,000 Krishi Sakhis (women associates in the farm sector). However, there is no proposal as of now to increase farmers' income support under PM-KISAN, the official mentioned above added.

Finance Minister Nirmala Sitharaman is set to present the Union Budget on July 23 in Lok Sabha. The Parliamentary session for the Budget will commence on July 22 and continue till August 22. The NDA government’s first Budget is expected to focus on sustaining economic growth with impetus to job creation, with an eye on maintaining the fiscal deficit target. All eyes are now on the Finance Minister as people eagerly await the announcement of policies and initiatives that align with their interests.

Motilal Oswal Nifty India Defence Index Fund collected Rs 1,676 crores during the New Fund Offer (NFO) period between June 13 and 27, Motilal Oswal Asset Management Company (AMC) said in a release on Thursday. Units were allocated on July 3 in the newly launched defense-themed fund and the scheme will reopen for further subscription and redemption from July 9.

Budget date: Narendra Modi’s first Budget of his third term, to be presented on July 23, will see Finance Minister Nirmala Sitharaman leveraging revenue growth and a record dividend from the Reserve Bank of India. The focus will be on infrastructure investment and targeted spending for the middle class, women, and the agricultural sector. Besides showcasing economic resilience, the government plans to introduce reform measures that bypass the need for legislative approval. “Hon’ble President of India, on the recommendation of Govt of India, has approved the proposal for summoning of both the Houses of Parliament for the budget session, 2024 from 22nd July, 2024 to 12 August, 2024 (subject to exigencies of parliamentary business). Union Budget 2024-25 will be presented in Lok Sabha on 23 July, 2024,” parliamentary affairs minister Kiren Rijiju said in a post on X.

Diversification in the investment world is not limited to spreading your bets across asset classes and stocks but Sebi's investigation against Quant Mutual Fund in a front-running case is also a reminder of concentration risk in owning mutual funds from just one asset management company. We have seen returns of Axis Mutual Fund getting affected for some time after the front-running case it was embroiled in and now we have Quant's example. Investors whose portfolios have only Quant Mutual Fund schemes are now worried. The important question that comes is how important is diversifying across mutual fund companies for an investor?

ICICI Lombard, stated, “‘Elevate’ embodies our steadfast dedication to pioneering innovation and customer-centricity. As a ground-breaking industry first, powered by an AI engine, ‘Elevate’ will redefine health insurance, ensuring a deeply personalised experience tailored to customers’ needs.

answer key has been released by NTA The CUET (UG) — 2024 Examination, conducted by the National Testing Agency (NTA), took place in a Hybrid mode encompassing Computer Based Test (CBT) and pen and paper modes. Spanning from 15th to 29th May 2024, the exam was administered across 379 cities, including 26 international centers, attracting approximately 13.48 lakh candidates. To facilitate ease of access, scanned images of the OMR Answer Sheets will be emailed to candidates' registered email addresses provided during the Online Application Form submission.

HDFC Bank. Jefferies also maintains a buy rating on M&M Finance, while Citi remains neutral on M&M Finance. UBS reaffirms its buy rating on HDFC Bank. Additionally, Citi rates Avenue Supermarts as neutral, while Morgan Stanley rates it as overweight, with sell ratings from both Citi and Morgan Stanley respectively. We have collated a list of recommendations from top brokerage firms from ETNow and other sources:

Eknath Shinde on Monday stressed the state administration's zero tolerance for injustice and directed the police to handle hit-and-run incidents involving powerful and influential individuals with utmost seriousness to ensure justice is served. Shinde's statement follows a hit-and-run incident involving a BMW car allegedly driven by the son of a Shinde-led Shiv Sena leader who fatally knocked down a 45-year-old woman riding pillion on a scooter in Mumbai. Expressing his deep concern over the rising number of hit-and-run cases in Maharashtra, Shinde said, «It is intolerable that the powerful and influential misuse their status to manipulate the system. Such miscarriages of justice will not be tolerated by my government.» He underlined the importance of protecting the lives of ordinary citizens and directed the state police to treat these cases with the highest priority.

Five weeks annual leave is an idea whose time may have come. A decade ago, a Productivity Commission inquiry into Australia's industrial relations system, recommended governments periodically «examine whether there are any grounds for extending the existing 20 days of paid annual leave». Now, with the Shop Distributive and Allied Employees Association pushing for an extra week of annual leave for 1.3 million retail and fast food workers, the issue may be about to get a serious hearing.

NCERT guidelines for implementation of bagless days in schools and said they will be further fine-tuned, according to officials. PSS Central Institute of Vocational Education (PSSCIVE), a unit of the National Council for Educational Research and Training (NCERT), had developed comprehensive guidelines for implementing bagless days and make learning in schools more joyful, experiential and stress-free for students. «Various suggestions were discussed during the meeting, including sensitising students about the local ecology, teaching them to test water purity, recognising local flora and fauna, and visiting local monuments. Based on this review, PSSCIVE will further fine-tune and finalise its guidelines,» a senior MoE official said. The National Education Policy (NEP) 2020 had recommended that all students in grades 6-8 participate in a 10-day bagless period.

Wockhardt rallied 18% in early trade to its new 52-week high of Rs 811.50 on NSE. The sharp surge was after the company announced the successful use of its investigational antibiotic, Zaynich (Zidebactam/CefepimeWCK 5222) to treat a cancer patient in the US. The hospital (Children's Hospital of Orange County) sought access to Zaynich, for a young immune-compromised cancer patient, who had been hospitalized for nearly nine months, under a provision termed as ‘Expanded Access IND’ granted by the USFDA.

On the options front, the maximum Call OI is placed at 24,200 and then towards 24,000 strikes, while the maximum Put OI is placed at 24,000 and then towards 23,800 strikes.

Nifty's beginning of the July series may have been on slippery wicket, its end in the corresponding month over the last ten years are skewed in favour of the bulls. The 50-stock index has settled positive on nine occasions with highest monthly returns of nearly 9% in 2022. The next highest returns were yielded in 2020 at 7.5%, followed by 2018, 2017 and 2016 when the returns were nearly 6%, 6% and 4%, respectively. In July 2023 and 2021 the returns were 1.44% and 0.26% and Nifty fell nearly 6% in 2019.

The CNX 500 saw some participation but Mid-cap, Small-cap and other broad-based indices were muted. The recent participation was mainly due to Reliance, ICICI Bank and HDFC Bank. Hence, it was a concentrated move of the Nifty 50 Index that was adding to the recent surge.