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Also Read: Nifty February series outlook: 4 stocks where investors can park their money; do you own? "When valuations are high, the bears will use any negative news to drag the market down," said Dr VK Vijayakumar, chief investment strategist at Geojit Financial Services, referring to "slightly hawkish comments" from the Reserve Bank of India (RBI) governor on Thursday. The RBI kept interest rates unchanged on Thursday, as expected, and signaled rate cuts may not be imminent. The BSE benchmark fell by 723.57 points or one per cent to settle at 71,428.43 on Thursday amid uncertainty about the timing of interest rate reduction after the RBI policy decision.

Cathie Martin, professor and founder of Norfolk Healthy Produce, has come up with the idea of developing purple tomato. Martin during a research found out that tomato gets enriched with additional nutrients and purple pigment once genes from the snapdragon are combined with the tomato, the Fox weather report stated.

Indian space sector is changing from a «closed» and «secretive» society to an open one and the objective behind it is to turn it into an economic or business activity instead of government programme, ISRO Chairman S Somanath said here on Saturday. The change in mindset has been influenced by how space-related activities in countries like the USA have been turned into an economic activity, Somnath said while speaking at the Mathrubhumi International Festival of Letters (MBIFL) 2024 being held at Kanakakunnu Palace here. The ISRO Chairman said that in the past 60 years, the work of the space sector — from making rockets to satellites — was aimed at societal application, for delivering services that benefit the common man. As a result, the budget of the space programme was «very less» — Rs 10,000 crore, he said during a session of the fifth edition of the MBIFL.

Prem Watsa's Fairfax Financial Holdings has faced a short seller attack from US hedge fund Muddy Waters, which alleged wrongdoing on the part of the Toronto Stock Exchange-listed company and sent its shares tumbling by 12% on Thursday. The stock pared some of the losses on Friday after a research note from the National Bank of Canada downplayed the allegations. Muddy Waters alleged that Fairfax Financial Holdings inflated the fair value of its assets which resulted in notional profits that boosted the company's book value.

Mankind needs to eschew personal ambition in order to be able to think truly global, said Sadhguru, the founder of Isha Foundation. «The world is so integrated with technology, connectivity, and transportation, yet we still think of our own personal ambitions. Earlier, we used to pit ourselves against people we knew in our neighbourhoods, now, we pit ourselves against people we don't know,» he said. This constant competition will break people down, and as long as mankind holds on to personal ambition, well-being will be a pipe dream, Sadhguru said, speaking at the summit.

Most investments mature after a long time, and after their maturity we try to make use of the funds based on our requirements. However, some people often have no idea what to do with the matured amount, especially when they do not have any immediate financial need.

India’s ambitious plans to have its own space station by 2035 are progressing on track, said project director of Indian Space Research Organisation’s (ISRO) Chandrayaan-3 mission, P Veeramuthuvel on Saturday.

Bengaluru-based Ola Electric became the first two-wheeler EV-maker to become eligible for the PLI scheme as its S1 Air scooter received DVA. The two products are now eligible for various subsidies offered by the government for the next 5 years.

Leaks aren't just a problem for pipes.

Voya Financial has expanded its advisory offerings with the introduction of a new dual qualified default investment alternative for retirement plan participants.

United States could pose significant ecological consequences, scientists at Stanford University have warned, DailyMail reported. As many as 70 different types of earthworms native to Asia, Europe and South America have been identified as potential threats, it said. The identified earthworms consist of 23 percent of the 308 species in North America and consume more aboveground leaf litter than their native counterparts.

NASA said, "That’s the distance from the star that could give the planet the right temperature for liquid water to form on its surface." However, “Several other factors would have to line up, of course, for surface water to be present, especially having a suitable atmosphere." TOI-715 b orbits closely to its star in 19 days. However, scientists don't think its a hellish as unlike other hot exoplanets, its star, a red dwarf, is cooler and smaller than the Sun, suggesting different conditions. Researchers published the planet's detection in the Monthly Notices of the Royal Astronomical Society.

money flowing into small cap and midcap funds has declined significantly (down 20%). And on the other hand, the fund flows into thematic/sectoral funds have increased dramatically (up over 80%). I am sure you can guess the themes and sectors that are pulling in all the money! Here’s what the Economist has to say on such sectoral/thematic funds: In 2022 Itzhak Ben-David, Francesco Franzoni, Byungwook Kim and Rabih Moussawi, four academics, published research suggesting that thematic equityETFs, which attempt to track a narrow industry or trend, underperform broaderETFs by about a third over the five years after their launch. That is because of a straightforward problem: when thematicETFs get going, the buzz around the investment is already extensive and the underlying assets are already pricey. In effect, while the retail investor may have got one thing right – incrementallyreduce exposure to small and midcaps, she has pivoted to investing in another poor investment idea i.e.

stock market observers on Monday after the announcement of Tata Power results for Q3FY24 on Saturday. In Q3 results 2024, Tata Power recorded a marginal increase in operational income but the Tata Group company demonstrated significant operational and financial performance.

As elevated valuations cap the upside in the broader market, smallcap rally was subdued but steady with 52 stocks gaining in double digits during the week. Mid and smallcaps had witnessed strong rallies over the past few months thus making valuations a little stretched.

The Nifty Small-cap 250 dropped 1.3% and the Nifty Mid-cap 100 declined 0.9%, while the Nifty Public Sector Enterprises (PSEs) index slipped 2.7%. All three indices erased a portion of the losses earlier in the trading session tracking the rebound in the benchmark indices — Sensex and Nifty, which ended 0.3% higher.

Apple plans to settle a lawsuit that accused tech startup Rivos of stealing its trade secrets related to computer-chip technology, according to a joint court filing on Friday in California federal court. The companies told the U.S. District Court for the Northern District of California that they had «signed an agreement that potentially settles the case,» and that the agreement allows Apple to examine Rivos' systems and recover any confidential information.

health ministry has strengthened the Integrated Disease Surveillance Programme (IDSP), which allows for a decentralised system of response to institute requisite public health control and containment measures, the government informed Parliament on Friday. In a written reply to a question in the Lok Sabha, Union Health Minister Mansukh Mandaviya said prevention of and preparedness against pandemics is a shared global responsibility. In order to better prepare against future pandemics and public health emergencies in the country, the Ministry of Health provides the requisite support to the states and Union territories to enhance their capabilities, Mandaviya said. As reported by the states, a total of 1,802 disease outbreaks, including acute diarrheal diseases, chicken pox and cholera etc, were reported last year (till December 17), he said.

Vikram lander's soft landing near the lunar south pole last year, India became a league of its own. And, yet, it ranks 40th on the Global Innovation Index. Isro-like successes remain isolated. R&D expenditures in India have stagnated at about 0.6% of GDP. While there is a need to increase public sector spending on R&D, it is often argued that private sector should step up its investments. Paradoxically, while MNCs are increasingly leveraging India as their innovation hub, the broader innovation ecosystem's output leaves much to be desired, and local enterprises lament limited availability of well-trained R&D professionals. There is limited clarity on the modalities of the Anusandhan National Research Foundation that came into effect on Monday, and the ₹1 lakh crore corpus for research and innovation announced in the interim budget. While these are welcome experiments in innovation financing, publicly supported industry consortia remain largely underutilised.

Congress in August 2022 approved the landmark Chips and Science Act. The law provides $52.7 billion, including $39 billion in subsidies for semiconductor production and $11 billion research and development. It also creates a 25% investment tax credit for building chip plants, estimated to be worth $24 billion.

General Motors has hired a former Tesla executive, Kurt Kelty, to serve in the newly created role of vice president of batteries as the automaker continues to work on its electric vehicle strategy