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05.01 / 15:28
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Mizoram is keen to offer eco-friendly & sustainable tourism: CM Lalduhoma
Mizoram chief minister Lalduhoma said that Mizoram is keen to offer eco-friendly and sustainable tourism that respects the fragile ecology of the State and its meagre population but not interested in mass tourism. Merchants' Chamber of Commerce & Industry (MCCI) organised a Felicitation & Interactive Session of the new Mizoram chief minister in Kolkata. He said, “Mizoram is keen to offer eco-friendly and sustainable tourism that respects the fragile ecology of the State and its meagre population but is not interested in mass tourism”. He said that Mizoram is the second largest producer of bamboo in Northeastern India and second largest producer of strawberries in India. It is a gold mine for researchers seeking out medicinal and aromatic plants.
05.01 / 15:05
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End of panic attacks? A new brain discovery may find a solution. Know in detail
brain circuit consisting of neurons and the circuit regulates panic-like symptoms in mice. Their findings were published Thursday in the journal Nature Neuroscience. The findings of the researchers from the Salk Institute for Biological Studies in California have been published in the journal 'Nature Neuroscience'. Now the scientists would map the regions, neurons and connections in the brain that mediate panic attacks. It may pave the way for the treatment of panic attacks in humans.
05.01 / 15:03
UPS
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Economic growth pegged at 7.3% in FY24; higher than FY23
The Indian economy grew 7.7% in the year's first half, prompting economists to revise their growth forecast upward, but the first advance estimates based on first eight months data, point to an even higher growth. The Reserve Bank of India had pegged growth at 7%, whereas the ET poll median suggested 6.7% growth. The government estimates highlight the economy may grow 6.9% in the year's second half, spurred by higher investment and manufacturing. “India’s GDP growth for FY24 as per FAE at 7.3% has come as a positive surprise. The stellar growth has been led by the manufacturing sector and construction sector, while there has been some moderation in the services sector growth,” said Rajani Sinha, chief economist, CareEdge. Investment rate, measured as gross fixed capital formation as a proportion of nominal GDP, is expected to rise to a nine-year high of 29.8% in FY24, compared with 29.2% in the previous year. Economists noted that the 10.3 % growth in gross fixed capital formation, a proxy for investment, in FY24 reflects the sustained focus of the government on capex. “This is more heartening because it has come on high base of FY23, whereby GFCF had grown 11.4% yoy,” said Sunil Kumar Sinha, principal economist and Paras Jasrai, senior analyst, India Ratings & Research.
05.01 / 13:59
Research
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BTIG downgrades shipping stocks, expects a 'challenging year'
Research firm BTIG downgraded three shipping stocks today, namely Eagle Bulk (EGLE), Genco Shipping & Trading (NYSE:GNK), and Golden Ocean (GOGL) from Buy to Neutral, citing expectations of a challenging year for drybulk stocks in 2024.
05.01 / 13:34
Citi
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International
Sri Lanka declares moratorium on research ships for a year amid Indian concerns over Chinese vessels
Sri Lanka has declared a moratorium on foreign research ships entering its waters for a year amid concerns from India over Chinese research vessels docking in its neighborhood. Though the moratorium comes ostensibly for capacity building it is seen as a reaction to growing concerns in India.
05.01 / 12:11
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OTT releases this week: From Tejas to Hi Nanna, Watch THESE movies or web series over the weekend
OTT platforms. Let’s have a look. 1) Meg 2 - The Trench: In Meg 2: The Trench, Jason Statham plays rescue diver Jonas Taylor again after the hit 2018 movie The Meg.
05.01 / 12:09
markets
IPO
security
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Lattice
Features
Suzlon Energy shares surge 4% on Everrenew Energy contract, rise 130% in last six months
Suzlon Energy witnessed a surge of over 4.4 percent on January 5 to ₹40.60 per share on NSE, propelled by the company securing a new contract for the development of a 225-MW wind power project from Everrenew Energy Private Ltd. The project entails the installation of 75 wind turbine generators (WTGs) featuring a Hybrid Lattice Tubular (HLT) tower, each boasting a rated capacity of 3 MW.
05.01 / 11:25
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Political realities constrain Sunak over when to call an election
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05.01 / 11:25
05.01 / 11:25
05.01 / 09:56
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SOLIDARITY
Japan earthquake: PM Modi pens message of solidarity for Fumio Kishida as over 200 remain missing | 10 developments
"special strategic and global partner, and is ready to extend all possible assistance at this hour," sources said. In the letter, PM Modi conveyed to his Japanese counterpart that he is "deeply anguished and concerned" over the earthquake and expressed "deepest condolence" to the families of those killed in the quake, the sources said. "I am deeply anguished and concerned to learn about the major earthquake that struck Japan on January 1," Modi reportedly said.
05.01 / 08:21
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Bloomberg Billionaires Index: Gautam Adani surpasses Mukesh Ambani to become Asia’s richest person with net worth of $97.6 billion
Adani Group Chairman Gautam Adani has surpassed Reliance Industries Limited Chairman Mukesh Ambani to regain the top spot as the richest man in Asia, with a total net worth of $97.6 billion, according to the Bloomberg Billionaire’s Index. Gautam Adani is now the world’s 12th richest person, up from the 15th position in December 2023.
05.01 / 07:45
05.01 / 06:07
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NHPC share price jumps 8.5% to touch 52-week high on CERC's favourable draft tariff regulations
NHPC share price jumped 8.5% to touch 52-week high on Friday's session after the Central Electricity Regulatory Commission's (CERC) announcement of the Draft Tariff Regulations for 2024–2029, which increased the ROEs for pumped hydro storage and run-on rivers with pondage from 16.5% to 17%, according to brokerage ICICI Direct Research. The NHPC share price today opened at an intraday low of ₹70.10 apiece and touched an intraday high of ₹75 apiece on BSE.
05.01 / 05:31
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Gautam Adani overtakes Mukesh Ambani as India's richest man, both climb spots on world rich list
Gautam Adani, Chairperson of the Adani Group of companies has overtaken Reliance Industries Chairman Mukesh Ambani on the Bloomberg Billionaire's Index (BBI), to become India's and Asia's richest man. While Adani has seen his worth climb into the top 12 on the world rankings, Ambani is just one rung below at 13. Both have moved up spots since last year.
05.01 / 04:39
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Aditya-L1 mission: India's solar mission to meet insertion point on January 6, says ISRO. All you need to know
Aditya-L1 satellite, India's inaugural space-based solar observatory, is set to arrive at its designated orbit, as informed by the Indian Space Research Organization (ISRO) that the satellite is scheduled to reach its destination orbit on January 6 at 4 pm. Earlier, ISRO Chairman S Somanath told ANI “Aditya-L1 is going to reach its L1 point on January 6 and we are going to do the final manoeuvre to keep it there." Aditya-L1 is anticipated to remain for the next five years. Situated at a distance of 1.5 million km from Earth, the Aditya-L1 satellite, launched from Sriharikota on September 2, will execute a crucial manoeuvre upon reaching L1.
05.01 / 04:07
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ISRO's Aditya L1 mission on the brink of Solar breakthrough, entering its ultimate orbit!
Aditya L1 mission, aimed at studying the Sun, is swiftly approaching its crucial moment of settling into its designated orbit, expected to occur on the evening of January 6. Launched on September 2, the spacecraft is on the cusp of entering what's termed a 'halo orbit' around the Lagrange Point 1 (L1), a unique position within the dynamic Sun-Earth system. L1 stands out among the five points in this system where the gravitational forces between the Earth and the Sun reach equilibrium, making it relatively stable and ideal for the spacecraft's observations.
05.01 / 04:06
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New study discerns anxiety-relieving mechanism of growth hormone
anxiety when their neurons lacked growth hormone receptors, or agents mediating chemicals acting on and the physiological response of neurons. Specifically, these receptors were found to be lacking in a group of somatostatin-expressing neurons, which inhibit an anxiety response by releasing the protein constituent somatostatin.
05.01 / 02:25
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Buy or sell: Vaishali Parekh recommends three stocks to buy today — January 5
Buy or sell stocks for today: Despite mixed trends from the Asian stock market, Dalal Street bounced back on Thursday after losing two days in a row. The nifty 50 index gained 141 points and closed at 21,658 levels, BSE Sensex surged 490 points and ended at the 71,847 mark whereas the Nifty Bank index finished 490 points higher at 48,195 levels.
05.01 / 02:18
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Nifty 50, Sensex today: What to expect from Indian stock market in trade on January 5
Sensex rallied 490.97 points to end at 71,847.57, while the Nifty 50 closed 141.25 points, or 0.66%, higher at 21,658.60. Nifty 50 formed a small positive candle on the daily chart, which is placed within a high low range of Wednesday’s bear candle. Also Read: Indian stock market: 7 key things that changed for market overnight - Gift Nifty to US private payrolls data “Technically, this could be considered as a bullish inside day type candle pattern.
05.01 / 01:06
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India may project higher growth estimates of around 7% for FY2024: Report
India's current account deficit narrows to 1% of GDP in July-Sept On Friday the National Statistical Office will release the first advance GDP estimates. The advance estimates of GDP, which go under six revisions over time, will be released in the evening on 5 January.
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