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Mayuresh Joshi, Head Equity, Marketsmith India, says the markets are fearing a possible escalation in the Middle East conflict. In the Indian context, earnings might be a tad bit soft going into this quarter's numbers as well. But with good monsoon, expectations of rural recovery, second half should be relatively better as far as India Inc is concerned. So, Joshi is not looking at a structural downside. Liquidity remains strong and for any fall in the market that comes through, liquidity might come back and cushion them. It is getting bad in the market, could it get ugly? Mayuresh Joshi: There are two-three angles. One, obviously, in terms of how global macros are shaping up. The expectations in terms of the China stimulus has clearly buoyed sentiments in terms of foreign flows towards China. Again, undervalued, under-owned and therefore, the kind of move that we saw on the Chinese markets because of the stimulus was something to be watched out for.

Bajaj Finance will be in focus in Friday's trade following a business update for the second quarter ended September 2024. The company's new loans booked during the quarter 14% rose to 9.69 mm in Q2FY25 as compared to 8.53 mm in Q2FY24. Further, the assets under management (AUM) grew 29% to Rs 3.73 lakh crore.

Israel's military campaign to eradicate Hamas in retaliation for the October 7 attack has weakened it by killing several of its leaders and thousands of fighters, and by reducing swaths of the territory it rules to rubble. But the Palestinian militant group has not been crushed outright, and a year on from its unprecedented attack on Israel, an end to its hold over Gaza remains elusive. Hamas sparked the Gaza war by sending hundreds of fighters across the border into Israel on October 7, 2023, to attack communities in the south.

oil prices headed for their sharpest weekly gain in more than a year, as escalating tensions in the Middle East kept markets on edge ahead of a U.S. jobs report later in the day. U.S. President Joe Biden said on Thursday that the U.S. is discussing strikes on Iran's oil facilities as retaliation for Tehran's missile attack on Israel, while Israel's military hit Beirut with new air strikes in its battle against Lebanese armed group Hezbollah.

classical language. «I am very happy that the great Bengali language has been conferred the status of a Classical Language, especially during the auspicious time of Durga Puja. Bengali literature has inspired countless people for years. I congratulate all the Bengali speakers all over the world on this,» Modi posted in his X Handle. Taking to her X Handle, Banerjee posted, «Most happy to share that Bengali/ Bangla has been finally accorded the status of a classical language by the Government of India. We had been trying to snatch this recognition from Ministry of Culture, GOI and we had submitted three volumes of research findings in favour of our contention. Union government has accepted our well-researched claim today evening and we finally reach the cultural apex in the body of languages in India.»

Prince Harry's frequent alone visits are sparking rumors about Meghan Markle. Harry is enjoying his whirlwind journey across the globe, which has taken him to New York City, the U.K., and now South Africa. Although his return to the public front as a humanitarian is changing the story that has followed him since leaving the royal family, some palace observers are nevertheless worried about his solo appearances. Though there appears to be much ado about nothing, there have been speculations about their marriage before. Both partners are pursuing individual ventures that align with their inclinations while also altering their professions. After his recent engagements in Manhattan, Vanity Fair complimented the Duke of Sussex for becoming a representative of himself and his ideas that reveal a direct point of view now, formed both by his years in the royal family, the research he's done, and the experiences he's had outside of it. With the launch of her new lifestyle company, American Riviera Orchard, the Duchess of Sussex is embracing her more tender side.

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India is one of the world’s largest producers and consumers of wheat and rice, but extreme weather is taking a toll on these vital crops

Reserve Bank of India research paper has suggested reforms in agricultural marketing, including increase of private mandis to help farmers realize better value for their produce. The paper on vegetable inflation studying Tomato, Onion and Potato (TOP) prices noted that onion farmers get only 36 pc of consumers' spends, for tomato it stood at 33 per cent and for potato it was 37 per cent. «As vegetables are perishable commodities, private mandis may be increased to improve transparency in marketing of TOP vegetables,» the paper said, adding that the competition may also help improve the local-level agricultural produce market committee infrastructure. The research suggested that there is «a significant negative relationship» between monthly availability/availability to usage ratio and consumer price inflation of the three vegetables, while controlling for other factors like input costs, rainfall and wages.

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Reliance Power's board on Thursday approved raising $500 million (Rs 4,200 crore) through unsecured foreign currency convertible bonds (FCCBs), the company said in a regulatory filing. The FCCBs are to be issued to affiliates of Värde Investment Partners, LP, a leading Global Alternative Investment Firm.

Charities, distant relatives and even pets are benefiting from surprise inheritances. They can thank people without children.

PI Industries Ltd. traded 0.02 per cent up at Rs 4733.0 at 10:40AM (IST) on Thursday, even as BSE benchmark Sensex dropped 910.81 points to 83355.48. The stock had settled at Rs 4731.8 in the previous session. The stock quoted a 52-week high price of Rs 4801.4 and 52-week low of Rs 3060.0, respectively. As per BSE data, total traded volume on the counter till 10:40AM (IST) stood at 3535 shares with a turnover of Rs 1.67 crore.

Coforge Ltd.(up 1.11 per cent) and LTIMindtree Ltd.(up 0.02 per cent) were among the top gainers.

Suzlon Energy fell by 4% to their day’s low of Rs 76.35 on the BSE after the company informed that it has received ‘advisory cum warning letters’ from NSE and BSE about the resignation of an Independent Director, who had raised corporate governance issues The warning letters by the stock exchanges to the renewable energy company are about the disclosure submitted by the company on June 8 concerning the resignation of Marc Desaedeleer as Independent Director.

SRF Ltd. dropped 0.04 per cent to Rs 2481.6 at 10:34AM (IST) in Thursday's trade. The scrip hit a high of Rs 2498.9 and low of Rs 2433.0 so far during the session. The stock had closed at Rs 2482.65 in the previous session. The counter had a total traded volume of 10:34AM shares so far with a turnover of Rs 1.22 crore on BSE. The stock traded at a price-to-earnings multiple of 59.78 and a price-to-book ratio of 6.63.

Granules India Ltd.(up 2.72 per cent), Aurobindo Pharma Ltd.(up 1.17 per cent), Divi's Laboratories Ltd.(up 0.67 per cent), Sanofi India Ltd.(up 0.54 per cent) and Dr. Reddy's Laboratories Ltd.(up 0.51 per cent) were among the top gainers.

Most of the world’s everyday goods and raw materials moved over long distances are packed in large metal boxes the size of tractor-trailers and stacked on ships

OpenAI says it has raised $6.6 billion in venture capital investments as part of a broader shift by the ChatGPT maker away from its nonprofit roots

Most of the world’s everyday goods and raw materials moved over long distances are packed in large metal boxes the size of tractor-trailers and stacked on ships

Eicher Motors shares will be in the spotlight on Thursday after its motorcycle division, Royal Enfield, reported an 11% year-on-year (YoY) increase in total sales to 86,978 units for September, compared to 78,580 units in the same month last year. In the domestic market, dispatches increased 7% YoY to 79,326 units from 74,261 units in the year-ago period, Royal Enfield said in a statement. Meanwhile, exports rose to 7,652 units last month, up from 4,319 units in September last year, marking a 77% YoY increase.