Research Financial News
19.09 / 14:45
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Earth gets a new mini moon for two months: Will it be visible to the naked eye or telescope?
The phenomenon, called a mini moon, will last for approximately two months, from September 29 to November 25, 2024, according to scientists, as per a report by Live Science. Although this celestial event is intriguing, the mini moon will be difficult to spot for most skywatchers.
19.09 / 14:37
markets
Waters
Manufacturing
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country
Department
IISc team develops nanoparticle-based solution to reduce heavy metals in groundwater
Indian Institute of Science (IISc) have developed a nanomaterial-based solution that can effectively reduce the presence of heavy metals like chromium in groundwater. Groundwater is an essential source of drinking water across the country. However, heavy metal contamination in groundwater presents a significant health hazard, IISc said in a media statement. The team includes researchers from the Centre for Sustainable Technologies (CST), Department of Civil Engineering (CiE), and Department of Instrumentation and Applied Physics (IAP). The study is published in the Journal of Water Process Engineering.
19.09 / 13:11
UPS
Citi
Manufacturing
economy
Fitch
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Inside
Battery boom in Canada's motor city sparks dreams of auto sector rebirth
Rob Kennedy tried something different after a 40-year career in Ontario’s auto sector: he headed back to the classroom.
19.09 / 08:49
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REC shares drop 4.81% as Sensex rises
REC Ltd. traded 4.81 per cent down at Rs 519.4 at 01:59PM (IST) on Thursday, even as BSE benchmark Sensex gained 226.29 points to 83174.52. The scrip had closed at Rs 545.65 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 653.9 and Rs 247.85, respectively.
19.09 / 08:17
19.09 / 06:01
19.09 / 04:09
markets
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Strategy
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Research
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F&O Radar | Deploy Long Iron Condor in Nifty to benefit from a range bound market
Fed policy outcome, the Nifty experienced significant volatility. In the first half, it rose towards the 25,500 levels; however, in the second half, it surrendered all gains and fell below the 25,300 levels. Nonetheless, it managed to recover half of its losses and closed near the 25,350 levels. “So, technically, the range is 25,200 to 25,500, and it is currently exactly in the middle of that range. From a derivatives point of view, there is the highest open interest (OI) on the call front at the 25,500 strike, whereas the put side shows the highest OI at the 25,000 strike, indicating a range of 25,000 to 25,500 levels,” said Jay Thakkar, Vice President and Head of Derivatives and Quant Research at ICICI Securities.
19.09 / 02:59
UPS
Action
economy
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Mint Quick Edit | ISRO’s boosters: What’s good for science is good for business
Subscribe to enjoy similar stories. On Wednesday, India’s cabinet approved an ambitious programme for its space agency, Indian Space Research Organisation (Isro).
18.09 / 23:11
COST
UPS
Research
President
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Universities
Longshoremen at key US ports threatening to strike over automation and pay
Determined to thwart the automating of their jobs, about 45,000 dockworkers along the U.S. East and Gulf Coasts are threatening to strike on Oct. 1, a move that would shut down ports that handle about half the nation’s cargo from ships
18.09 / 13:49
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Analysis
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International
Gold continues to glitter, jumps Rs 170 to Rs 73,264 per 10 gm on global cues
bullish trend in the international markets ahead of the US Federal Reserve interest rate decision. In the futures trade on the Multi Commodity Exchange (MCX), gold contracts for October delivery was trading higher by Rs 170, or 0.23 per cent, at Rs 73,264 per 10 grams. It had closed at Rs 73,094 per 10 grams on the exchange in the previous close on Tuesday.
18.09 / 13:49
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Cycling
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How has Nifty performed after Fed cut rates in last three decades?
US Federal Reserve's rate outcome due for announcement later on Wednesday night, a look into the history of the last three decades reveals Nifty's median returns of +1.6% following a 50 bps rate cut by the Fed. Meanwhile, a 25 bps cut has resulted in a median loss of 0.5%. The above findings were from a Capitalmind Financial Services study, which showed that the Fed announced a 50 bps rate cut 10 times in the last 34 years while the most frequent action by the Central Bank has been an increase of 25 bps, which has been done 39 times.
18.09 / 12:39
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Justice
Courts
If use of loudspeakers harmful during Ganesh festival then same for Eid too: HC
Bombay High Court said on Wednesday that if the use of loudspeakers and sound systems beyond permissible noise levels was harmful during the Ganesh festival then it also has the same effect during the Eid-e-Milad-un-Nabi processions. A division bench of Chief Justice D K Upadhyaya and Justice Amit Borkar made the remark while hearing a bunch of public interest litigations (PILs) seeking a ban on the use of «DJs», «dance» and «laser lights» during the Eid-e-Milad-un-Nabi processions. The petitions urged HC to direct the civic bodies and police to refrain from granting permission for the use of such high-decibel sound systems. The PILs claimed that neither the Quran nor the Hadith (holy books) prescribes the use of DJ systems and laser lights for the celebration.
18.09 / 12:39
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testing
Presence of carcinogenic chemicals in cars: NGT issues notice to BIS, MoRTH
National Green Tribunal (NGT) has sought a reply from the Union Ministry of Road Transport and Highways (MoRTH), Bureau of Indian Standards (BIS), and others in a matter regarding the use of cancer-causing chemicals in cars. The tribunal was hearing a matter where it had taken suo motu (on its own) cognisance of a media report regarding the use of two flame retardant chemicals inside cars — - TDCIPP and TCEP — - which were carcinogenic. In an order passed last week, a bench of NGT Chairperson Justice Prakash Shrivastava noted the reply of the Central Pollution Control Board (CPCB) that it did not have the facilities to test whether these substances were carcinogenic. The bench, also comprising judicial member Justice Sudhir Agarwal and expert member A Senthil Vel, said the Indian Council of Medical Research (ICMR) had filed a report dated September 10 where it did not take a «definite stand» on whether these chemicals were carcinogenic.
18.09 / 12:11
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Xiaomi reclaims second place in global smartphone sales this August, outpacing Apple
Xiaomi as one of the fastest-growing smartphone brands this year. Its growth was driven by successful promotions in Latin America, helping to offset downturns in its other key markets."Xiaomi’s strategic focus on simplifying its product lineup, concentrating on one standout model per price segment instead of multiple devices, has been crucial to its recent success," said Tarun Pathak, Research Director at Counterpoint Research.
18.09 / 10:57
markets
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Pharmaceuticals
Stock market update: Nifty Pharma index falls 1.53%
Shares of Granules India Ltd.(up 0.6 per cent) and Divi's Laboratories Ltd.(up 0.32 per cent) ended the day as top gainers in the pack.
18.09 / 10:57
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What the Chinese discovered about the dark side of the moon
Chang'e-6 mission recently brought back lunar samples from the far side of the moon, marking a significant milestone in lunar exploration. According to a study published by Chinese scientists, these samples show «distinct characteristics» compared to previously collected lunar samples. The research, conducted by the National Astronomical Observatories of the Chinese Academy of Sciences, the Lunar Exploration and Space Engineering Centre, and the Beijing Institute of Spacecraft System Engineering, revealed important differences. The Chang'e-6 soil samples have a lower density, indicating a more porous and loosely structured composition than earlier samples. The study notes that the plagioclase content in the Chang'e-6 samples is significantly higher, while their olivine content is notably lower than the Chang'e-5 samples. Chang'e-5 too brought samples from the far side of the moon. The lithic fragment samples primarily consist of basalt, breccia, agglutinate, glasses, and leucocrate.
18.09 / 09:33
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prevention
Schools
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Sipping three cups of coffee daily can reduce risk of diabetes and heart attack: Study
coffee daily could significantly lower the risk of developing multiple metabolic conditions, including diabetes and heart-related issues. The research suggests that moderate coffee consumption may reduce the risk of these conditions by 40 to 50 per cent.
18.09 / 07:51
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WisdomTree expands commodity ETPs range with European natural gas ETC
Listed on the London Stock Exchange on Tuesday (17 September), the ETC seeks to track the performance, before fees and expenses, of the BNP Paribas Rolling Futures W0 TZ index. The index is designed to provide investors with exposure to gas traded on the Dutch Title Transfer Facility (TTF). It measures total return performance based on the underlying ICE Dutch TTF Gas Futures contracts. Nitesh Shah, WisdomTree Europe's head of commodities and macroeconomic research, the Dutch TTF facility is the most representative and liquid natural gas benchmark in Europe, therefore the «best tool»...
18.09 / 07:17
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AI chatbots are beating humans at debunking conspiracy theories
Subscribe to enjoy similar stories. Scientists surprised themselves when they found they could instruct a version of ChatGPT to gently dissuade people of their beliefs in conspiracy theories—such as notions that covid was an attempt at population control or that 9/11 was an inside job. The most important revelation wasn’t about the power of AI, but about the workings of the human mind.
18.09 / 05:57
Provident
Digital
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gatherings
Australia’s Central Bank Prioritizes Wholesale CBDC Over Retail, Citing Greater Economic Benefits
Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.
18.09 / 03:11
markets
Analysis
Software
Election
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Traders shy away from Modi-linked stocks in shift to defensives
Investors in India are shunning stocks that were expected to benefit from Prime Minister Narendra Modi’s re-election, and instead piling into defensive sectors. An index of the so-called Modi stocks, a term coined by CLSA, has climbed only 2% as the prime minister completed his first 100 days in office after winning a third term in early June. In contrast, consumer and software stocks have rallied 20% and 34%, respectively.
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