Research Financial News
13.07 / 09:51
13.07 / 09:42
MET
Cooper
security
Research
Experts
country
India, UAE underscore need to enhance defence collaboration to tackle security challenges
India and the UAE in a key defence meeting have deliberated on the regional security situation, including maritime security, and underscored the need to «enhance collaboration» to tackle security challenges. During the 12th edition of the Joint Defence Cooperation Committee (JDCC) meeting between India and the UAE held in Abu Dhabi on Tuesday, the two sides also discussed a wide range of opportunities for collaboration to further strengthen defence and security cooperation, the defence ministry said in a statement here. «During the meeting, the two sides discussed a wide range of opportunities for collaboration to further strengthen defence and security cooperation between the two countries,» it said. Detailed discussions were held in areas such as training, joint military exercises, defence industrial cooperation, subject matter expert exchange and research and development.
13.07 / 09:36
markets
COST
Strategy
Research
Trade
show
Yen hits four-week high, intervention questions circulate
The rally in the Japanese currency, which has been languishing at around 38-year lows, began on Thursday just after data showed U.S. consumer prices for June eased, boosting the odds of the Federal Reserve cutting rates as soon as September.
13.07 / 09:00
UPS
security
Mobile
Research
reports
Schools
ONDC monthly transactions hit 10 million in June: report
ONDC) monthly transaction volumes hit 10 million in June last month with 6.1 million non-mobility transactions and 3.9 million mobility transactions, said Equirus Securities India Equity Research BFSI sector report on July 7. The open network has been adding one million transactions per month over the past two months, exhibiting strong growth, it said. Bulk of this incremental growth has been retail-driven, with non-mobility orders crossing 6 million transactions in June 2024 versus 3.6 million in March 2024,it added. Mobility transactions have declined to 3.9 million from 4.1million in March 2024, the report said.
13.07 / 08:55
markets
Manufacturing
Food
Research
trends
reports
Inflation is highest in Odisha at 7.22% followed by Bihar and Karnataka: SBI research
inflation landscape exhibited spatial variability in June 2024, with 12 out of 22 states reporting inflation rates exceeding the national average of 5.1 per cent, according to SBI research. Odisha recorded the highest inflation at 7.22 per cent, followed closely by Bihar at 6.37 per cent and Karnataka at 5.98 per cent. This divergence highlights regional economic disparities as the country grapples with rising prices. Concurrently, the Index of Industrial Production (IIP) surged to a seven-month high of 5.9 per cent in May, reflecting robust growth in mining (5.9 per cent), manufacturing (4.6 per cent), and a remarkable increase in electricity production (13.7 per cent).
13.07 / 08:54
UPS
Cooper
Research
country
IYDF Asia-Pacific Office Signs Regional Cooperation Memorandum with India World Children's Fund
In the presence of Professor Rahul Singh, a leading researcher at the India Office of Charitable Affairs, the two parties signed the "Regional Cooperation Memorandum." Ravi Sharma revealed that the World Children’s Fund has forged beneficial partnerships and collaborative projects with various IYDF branches across several countries in the Asia-Pacific region. The Indian WCF enthusiastically endorses and supports the array of humanitarian aid initiatives that IYDF has lined up for India this year.
13.07 / 08:42
Citizens
Research
wellness
Healthcare
hospital
innovations
Updates
Budget 2024 Expectations Live Updates: Healthcare, Fintech, Agritech, Green Energy and other sectoral expectations
₹50,000 for individuals, their spouses, and dependent children, and increasing the limit to ₹1 lakh for senior citizen parents. Additionally, the industry is pushing for tax exemptions on Health Savings Accounts (HSAs). This reform would enable individuals to allocate more resources towards future healthcare expenses, promoting a proactive approach to health and wellness planning."Simmardeep S Gill, MD & CEO, Sterling Hospitals, said, "The upcoming union budget is expected to bring important changes to the healthcare sector, addressing key needs and improving services.
13.07 / 08:42
markets
COST
Election
Research
country
reports
Margin squeeze to dent banks' Q1 profits, loan growth may offer silver lining
banks may face modest earnings growth in the fiscal first quarter squeezed by pressures on net interest margin (NIM) mainly due to higher deposit costs. While compressed NIM can hurt profitability, this will be partially offset by loan growth outpacing deposit growth, and robust treasury earnings helped by lower bond yields and a rallying equity market for most lenders, analysts said.
13.07 / 08:41
Sustainability
Research
MainStreet Partners poaches abrdn analyst for ESG fund research director role
Meatyard began the role on Wednesday (10 July), according to a LinkedIn post. She joins directly from abrdn, where she worked as a senior ESG investment analyst, having started out at the firm in 2021. abrdn: The journey from Europe's second-largest fund manager to the FTSE 250 She previously worked at FE fundinfo as an analyst for just over four years, following on from her participation in its graduate scheme. Meatyard also had an 11-month stint at Hymans Robertson as an investment research associate. The research director was a judge at Investment Week's Sustainable Investment A...
13.07 / 08:23
UPS
security
Research
Trade
President
rights
F&O Radar| Deploy Bear Put Spread in Nifty to gain from range
Nifty reversed sharply from the lifetime highs in Wednesday's trading session, however, the recovery was good enough from the lower levels which helped Nifty to recover more than 150 points from its day's low. The rise so far appears to be a 3-wave rising structure on the hourly charts indicating that until the all-time high levels are not taken off there can be selling pressure at the higher levels.
13.07 / 08:16
markets
Action
security
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GIFT Nifty signals a negative start for D-Street. Here's the trading setup for today's session
Equity markets traded in a narrow range to close with minor gains on Thursday. Analysts said the release of pre-quarterly business updates is giving confidence in healthy Q1 earnings. «We expect this ongoing momentum to continue and the Nifty to consolidate in a broader range. Investors would watch for the US Non-farm payroll and Unemployment Rate,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services.
13.07 / 08:10
13.07 / 08:07
UPS
security
Discover
Research
Destinations
How much income does the average American believe means financial security?
Feeling financially secure is a goal that many aspire to, but getting there is likely to be a challenge for most according to a new survey.
13.07 / 08:06
markets
UPS
SUN
Research
wellness
Schools
These two stocks can act as Rahul Dravid of your portfolio: Gautam Shah
«Even if the markets go through a bit of a correction, pharma and FMCG will stand out. So, almost 14% to 15% of your portfolio at this point of time should be in pharma,» says Gautam Shah, Goldilocks Premium Research. What would you like to get into in pharma? What are you riding there? Gautam Shah: Well, pharma has been a brilliant story for the last one year. For the last four months, it has actually got into a consolidation patch. Now it saw a breakout last week and we like stocks like Dr Reddy's which could be setting up for possibly a Rs 1,000 rally from here. Sun Pharma has been a structural story for a couple of years now. Cipla has been doing well. Stocks like Divi’s Lab and Laurus Lab have completed their underperformance, so they are also likely to move up. So, this entire pack has a lot more upside and we have seen what Wockhardt Pharma and Zydus Life have done in the recent past. And these are in some sense low beta or negative beta. So, even if the markets go through a bit of a correction, pharma and FMCG will stand out. So, almost 14% to 15% of your portfolio at this point of time should be in pharma.
13.07 / 08:04
Reuters
Research
show
performer
reports
Interviews
International
OpenAI working on new reasoning technology under code name 'Strawberry'
OpenAI is working on a novel approach to its artificial intelligence models in a project code-named "Strawberry," according to a person familiar with the matter and internal documentation reviewed by Reuters. The project, details of which have not been previously reported, comes as the Microsoft-backed startup races to show that the types of models it offers are capable of delivering advanced reasoning capabilities.
13.07 / 07:19
markets
BLOCK
Reuters
Research
Cardiovascular
country
patient
Ozempic, Wegovy use may be linked to ‘eye stroke’ and blindness, study finds
Ozempic and Wegovy may have an increased risk of sudden and irreversible vision loss and blindness, a new study has found.However, doctors say there’s no reason for patients who take the uber popular drugs to panic or discontinue taking their prescriptions.The study, conducted by Harvard researchers and published Wednesday in JAMA Ophthalmology, analyzed data from 16,827 patients over a six-year period at the Mass Eye and Ear Harvard teaching hospital.Published in @JAMAOphth: Semaglutide, taken for diabetes or obesity, was associated with non-arteritic anterior ischemic optic neuropathy (NAION). Further study would be needed to clarify if this drug causes NAION associated with visual loss.https://t.co/mT9PVyEoRO pic.twitter.com/L3bDzVC2Dy— JAMA (@JAMA_current) July 4, 2024Of those, 710 had type 2 diabetes, with 194 being prescribed semaglutide medications, marketed under brandnames like Wegovy and Ozempic, that belong to a class of medications known as GLP-1 receptor agonists.Another 975 patients in the study were overweight or living with obesity, 361 of them being prescribed semaglutide.Among those prescribed semaglutide, an eye problem known as nonarteritic anterior ischemic optic neuropathy, or NAION, was eventually diagnosed in a small percentage of patients.
13.07 / 07:01
UPS
Strategy
Research
shooting
Fishing
Wildlife
show
To save spotted owls, US officials plan to kill hundreds of thousands of another owl species
U.S. wildlife officials are embracing a contentious plan to deploy trained shooters into dense West Coast forests to kill almost a half-million barred owls in coming decades
13.07 / 06:54
security
Sustainability
Research
Bernstein
Bitcoin
reports
Bitcoin Miner
Bernstein: Bitcoin Miners Offer Strategic Advantage in AI Data Center Projects
Bitcoin miners are emerging as attractive partners for the construction of artificial intelligence (AI) data centers, benefiting from their available power supplies and operational capabilities.
13.07 / 06:42
Action
Research
community
Healthcare
Discrimination
Courts
rights
Heat relief: Let street vendors and labourers guide action plans
₹500-600 every day. The situation is worse for those who come from marginalized communities. Ajay Kumar Gautam, a researcher, in his work, ‘Unveiling Layers of Struggle: Caste, Gender, and Precarity Among Indian Street Vendors,’ reveals caste discrimination among street vendors.
13.07 / 06:06
UPS
WhatsApp
Research
stage
blues
biodiversity
Into the Blue: India plans underwater research lab to explore marine life
India is considering setting up an underwater biodiversity research lab to study the different kinds of flora and fauna on the seabed, and at varying depths, to explore their potential for human consumption. The lab, part of the government's long-term vision of making India a developed nation by 2047, is being conceptualized under the Deep Ocean Mission and will be set up in the Indian Ocean. It seeks to make India a transnational and regional hub for marine biology and biotechnology research. A senior government official told ET that the underwater lab will be technologically one of the most advanced and will be used for exploration and conservation of deep-sea biodiversity. «The proposal is at a concept stage and several rounds of deliberation between key stakeholders will be held before it gets onto the drawing board,» the official quoted above said.
13.07 / 05:34
SUN
security
Research
Intuit
voice
reports
What is Microsoft's VALL-E 2 AI Tool? Know its uses and more
text-to-speech generator reaches «human parity,» it means that it either meets or surpasses human-like norms. It replaces the VALL-E system that was first announced in January 2023, as per the reports of The U.S. Sun. In just a few seconds of audio input, VALL-E 2 can learn to mimic voices, according to Microsoft Research developers. It uses zero-shot learning, which enables it to comprehend and replicate ideas without the need of prior examples. The technology does a great job of intuitively generating both simple and complicated sentences.
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