Research Financial News

GTRI said on Sunday. China's automotive industry, buoyed by substantial state support, has grown rapidly in electric vehicle technology, making it a leading exporter of EVs and related components, the Global Trade Research Initiative (GTRI) said. The renewed policy push to make India a hub for e-vehicle manufacturing and efforts of the private sector will lead to a sharp increase in dependence on auto component imports from China, the report said. India's auto component imports were USD 20.3 billion in 2022-23 of which 30 per cent came from China.

Stock Market News: The domestic benchmark equity indices, the Sensex and the Nifty 50, ended the day higher for the third straight session on Friday amid mixed global cues. On Friday's session, the 30-share BSE Sensex ended higher by 190.75 points or 0.26% at 72,831.94 level while the Nifty 50 closed at 22,096.75 level, up 84.80 points or 0.39%.

Dalal Street investors despite being a truncated one, as all eyes will be on the launch of the ‘T+0’ settlement cycle by exchanges. Trading will take place for only three days in the week ahead, as stock markets are closed on Monday for Holi and on Friday for Good Friday.

global warming and other human threats like underwater noise, pollution and disrupted food sources, according to a new stocktake of their population. Researchers found the greatest genetic differences among the blue whale populations in the eastern Pacific, Antarctic subspecies and the pygmy subspecies of the eastern Indian and western Pacific. Blue whales average about 27 metres in length. Natural selection could be one of the reasons behind these differences, they said. «Each of these groups need to be conserved to maintain biodiversity in the species, and there are indications that natural selection in different environments contributed to driving genetic differences between the high-level groups,» said Catherine Attard, College of Science and Engineering, Flinders University, Australia. He is the first author of the study published in the journal Animal Conservation.

Gautam Duggad, Head Of Research — Institutional Equities, Motilal Oswal Financial Services, says: “The consumer discretionary sector holds a significant position in our model portfolio, with eight consumer stocks, predominantly of a discretionary nature. The second sector of interest is hotels, which has ample room for growth after emerging from a decade-long downtrend. Similarly, the real estate sector, which witnessed a prolonged downturn from 2008-09 until recently, is now showing signs of a more enduring uptrend. ” What is the outlook when it comes to the IT space? Does that cautious stance continues due to uncertainties? If so, would the strategy be to look at a mix of large and midcaps or would you stick to just the largecaps? Gautam Duggad: As far as IT is concerned, we are running an underweight stance in our model portfolio. While the stocks have underperformed, especially the largecaps because if you look at the prices of some of the largecaps today, they are still trailing the prices that they had in October 21. Now, with Accenture's guidance yesterday and commentary, the softness can continue to prevail and we might see a little more earnings downgrade.

Also Read: FPIs pump ₹38,098 crore in Indian equities, debt inflows at ₹13,223 crore; Will the trend continue in FY25? Markets saw buoyancy on the global front triggered a rebound in the final sessions, which aided the index to close in the green. The indices rebounded as bargain hunters stepped in following the announcement from US Federal Reserve indicating a potential series of interest rate cuts throughout the year. Nifty 50 and Sensex prices settled the week at 22,096.75 and 72,831.94 up 0.33 per cent and 0.26 per cent respectively.

spending bills after Congress had passed the long overdue legislation just hours earlier, ending the threat of a partial government shutdown. «This agreement represents a compromise, which means neither side got everything it wanted,» Biden said in a statement. «But it rejects extreme cuts from House Republicans and expands access to child care, invests in cancer research, funds mental health and substance use care, advances American leadership abroad, and provides resources to secure the border.… That's good news for the American people.»

mental health chatbot Earkick and you're greeted by a bandana-wearing panda who could easily fit into a kids' cartoon. Start talking or typing about anxiety and the app generates the kind of comforting, sympathetic statements therapists are trained to deliver. The panda might then suggest a guided breathing exercise, ways to reframe negative thoughts or stress-management tips.

₹20 apiece level on 13th March 2024, Reliance Power share price finished at ₹26.30 per share level on Friday last week. So, in the last seven straight sessions, this Anil Ambani-backed company's stock has surged to the tune of over 30 percent. Out of the five sessions in the week gone by, Reliance Power share price touched the upper circuit in four sessions.

Lok Sabha election 2024: After the sell-off on Dalal Street, the Indian stock market investors must be looking for bottom fishing opportunity. For such value investors, Lok Sabha election 2024 is one of the biggest factors and they are looking at all possible stocks that may yield whopping returns in the medium to long term.

Accenture's reduction in revenue growth guidance dented hopes of demand recovery. Analysts said the cautious sentiment in IT stocks may persist for a while with their business prospects expected to remain modest at least in 2024. TCS, Infosys, Cyient, Mastek, and LatentView are among some of analysts' top picks. Nifty IT declined 2.33% on Friday while the benchmark Nifty gained nearly 0.4%.

copyrights, trademarks and patents in technical textiles, which are meant for non-aesthetic purposes. The textiles ministry has proposed 10 years of exclusive rights for the industry to commercialise the intellectual property (IP) if their funding contribution is at least 50% in projects funded under the National Technical Textiles Mission (NTTM). Similarly, the industry would get exclusive rights for two years for contributing at least 10% in the projects. As per the draft rules, the IP of the research outcome will generally vest with the host institution on behalf of the ministry. For all Indian patents, the government will have march-in rights, including the option of compulsory licence, in case of any exigency arising for the patent and technology to protect the interest of public, it said. The ministry has sanctioned 137 projects valuing around ?474 crore under the NTTM.

I have a good job, a loving husband, healthy kids and a comfortable home. I came late to it all and I sometimes can’t believe my luck: that the sleep-warm little bodies I help dress in the morning are my own children, that the man in my bed at night helped me make them. But the clichés about motherhood and aging and that ever-elusive work-life balance did not quite prepare me for the clichés of my life.

Also Read: Germany deputy foreign minister 'optimistic' about multi-billion dollar submarine deal with India The Bundesbank has also highlighted that Germany is probably in a six-month slump, though it’s made a point of saying a severe downturn is unlikely. The Economy Ministry said most research institutes “expect GDP to fall again in the first quarter of 2024." “Despite positive trends in industrial production, construction and foreign trade at the start of 2024, a noticeable economic recovery isn’t yet in sight," it said in its monthly report.

Certain Medicare patients may get help paying for the popular weight-loss drug Wegovy, as long as they also have heart disease

A study by an environmental scientist and the European Central Bank finds that food prices and overall inflation will rise as temperatures climb with climate change

Researchers have uncovered a significant security vulnerability in Apple’s M-series chips, raising concerns about the safety of crypto private keys stored on Mac computers. 

Champions of organic farming have long portrayed it as friendlier to humans and the earth

SINGAPORE—Apple has held preliminary talks with Baidu about using the Chinese company’s generative artificial-intelligence technology in its devices in China, the latest example of the iPhone maker’s efforts to widen its AI capabilities. The U.S. tech giant has been exploring using external partners to help accelerate its AI ambitions.

Gold and silver prices Today on 22-03-2024 : Check latest rates in your city Back home, gold prices plummeted by ₹875 to reach ₹66,575 per 10 grams in the national capital on Friday, influenced by subdued trends in global markets. In the preceding trade, the valuable metal had reached a settlement price of ₹67,450 per 10 grams. The rise in the dollar pushed it to its highest level in a month, thereby increasing the cost of gold for holders of other currencies.

A new class of anticoagulant drugs on the horizon is taking fresh aim at one of cardiology’s toughest challenges: how to prevent blood clots that cause heart attacks and strokes, without leaving patients at risk of bleeding. At least a half-dozen experimental blood thinners are in development that inhibit a protein called factor XI, one of several blood factors that regulate how the body forms clots. The challenge is this: The body generates two types of clots—good ones that plug holes in blood vessels to stop bleeding caused by external injuries, and bad ones that grow inside arteries and veins.