Research Financial News

Thailand has tried for years to deal with its pollution problem

AIMIM president Asaduddin Owaisi on Tuesday said children should not grow up «glorifying criminal acts» in reference to Babri Masjid demolition being tweaked in NCERT textbooks. In a post on 'X', the Hyderabad MP said India's children should know that the Supreme Court called the demolition of Babri Masjid an «egregious criminal act». «The NCERT has decided to replace Babri Masjid with the words „three domed structure.“ It has also decided to call the Ayodhya judgement an example of „consensus.“ India's children should know that the Supreme Court called the demolition of Babri Masjid an egregious criminal act,» Owaisi said. The AIMIM chief further said India's children should know that a functioning masjid was «desecrated» in 1949 and then demolished by a mob in 1992. «They should not grow up glorifying criminal acts,» he said.

Advanced Micro Devices, Inc. (AMD), the US fabless chipmaker, is betting big on artificial intelligence (AI) to not only power the chips used in data centres but also those used in personal computers or PCs, mobile devices, cars, factories and smart cities.

₹50,000 crore in profits in the past four years, adjusted for the losses. Another ₹1 lakh crore profit is lying in their trading accounts on a base of ₹4.5 lakh crore. Among them is Raunaq Bali, 25, a law student.

₹135 apiece. In contrast, it listed at ₹138.10 per share on NSE, delivering a significant 48 percent listing gain to the lucky allottees.

AI professionals in the country are commanding as much as a 40-80% salary premium compared to traditional IT roles, experts and staffing firms told ET. Roles such as AI research scientist, AI marketing specialist, chatbot specialists, cybersecurity AI, computer vision engineer, robotics engineer along with AI ethics specialist are high in demand as companies scramble to fill new and specialised roles in AI.

Bitcoin miners have entered an extended sell-off period that hasn’t been witnessed since 2017, on-chain data suggests.

Extended valuations in some sectors like railways, defence, renewables and other capex driven plays could be at risk especially if any delay in execution and resultant earnings disappointments, says Krishnan VR, Chief of Quantitative Research team at Marcellus Investment Managers. Edited excerpts from a chat: Take us through the performance of MeritorQ PMS in May. What worked? The portfolio was up 1.7% in May compared to 0.8% for the benchmark BSE 500 total return index. Because many portfolio companies reported their fourth quarter (and full year) results last month, the performance was partly driven by positive earnings surprises. Performance was fairly broad-based with roughly half of the portfolio stocks outperforming the benchmark. Our analysis also shows that MeritorQ’s strategy of buying undervalued yet fundamentally strong companies, typically delivers positive excess returns around earnings dates, because the relative mispricing has higher chance of correcting as new positive information is released at earnings announcement.

Stock market today: The Indian stock market continued to move into a narrow range movement with a positive bias and ended higher on Friday last week. The Nifty 50 index gained 66 points and closed at 23,465, while the BSE Sensex surged 181 points and ended at 76,992.

Investors looking for safer bets on Dalal Street could consider HDFC Bank but they would be better off putting money in the stock in installments over the next few months. This is because the stock, despite cheaper valuations compared to its historical levels, could linger at these levels in the absence of visible triggers, said analysts. «Investors looking for quality and safety of margin when markets are at all-time highs could park funds in the stock as the long-term outlook is bullish for the stock,» said Rajesh Palviya, senior vice president research — technical & derivatives, Axis Securities.

«We expect market uptrend to continue next week supported by positive macro trends, expectation of sustained government spending and policy continuity, healthy monsoon and strong earnings,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal.

Buy or sell stocks for today: The Indian stock market continued to move into a narrow range movement with a positive bias and ended higher on Friday last week. The Nifty 50 index gained 66 points and closed at 23,465, while the BSE Sensex surged 181 points and ended at 76,992.

Sensex rose 181.87 points to close at 76,992.77, while the Nifty 50 settled 66.70 points, or 0.29%, higher at 23,465.60. Indian stock market was closed on Monday, June 17, for Eid ul-Adha 2024.

The increased uptake of collective investment trusts in the DC plan market raises crucial questions about the future of mutual funds in workplace retirement plans, according to new research by Cerulli.

bio-bitumen from biomass or agricultural waste, a move that would help reduce imports of the material used for asphalting of roads while also addressing the persistent issue of stubble burning. India currently imports about half of its annual requirement of bitumen and the target is to replace imports with bio-bitumen over the next 10 years, a senior government official told ET. «Based on the success of the pilot study, we hope to kick-start production of bio-bitumen on a large scale by the end of 2025,» the official added. The Central Road Research Institute (CRRI) will soon undertake a pilot study with the Indian Institute of Petroleum, Dehradun on a 1-km road stretch which will be built using bio-bitumen. If successful, the technology will be commercialised and transferred to a private entity or public sector enterprises for large-scale production of bio-bitumen, to be used in the construction of national highways.

ISRO astronauts at the NASA Johnson Space Center. A fact-sheet issued by the US and India after the iCET Dialogue between US National Security Adviser (NSA) Jake Sullivan and National Security Advisor Ajit Doval said the two sides are also exploring opportunities to participate in the Lunar Gateway Programme. The Lunar Gateway Programme aims to build a space station around the moon as part of the collaborative Artemis programme spearheaded by the US. The fact-sheet said the talks between the two NSAs explored opportunities for India's participation in the Lunar Gateway Programme, as well as joint avenues for collaboration in other space technologies.

IIFL Finance's microfinance subsidiary IIFL Samasta Finance has garnered Rs 216 crore through its second public bond issue against a Rs 1,000-crore target despite higher interest rates, as investors were likely concerned over the regulatory scrutiny on IIFL Finance's gold loan business. IIFL Samasta Finance is 100% owned by IIFL Finance.

Victory Securities has joined collaboration with Virtual Seed Global (VSG) to develop regulated virtual asset fund products for investors.

Attorneys general across the U.S. have a new fight on their hands: protecting Americans from unproven and expensive stem cell treatments that salespeople claim can cure almost anything

The efforts to tamp down organized retail theft in California this year have largely boiled down to two paths

ResiClub co-founder and editor-in-chief Lance Lambert discusses the U.S. housing affordability crisis on 'Making Money.'