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India to geopolitical challenges, cultural adjustments, and the need for businesses to invest in domestic supply chains to counter China, said external affairs minister S Jaishankar, Reformer of the Year, covering a broad range of subjects during a conversation at the ET Awards. Edited excerpts:

Economic Times Lifetime Achievement Award will be the last,” he said, drawing a cheer from the star-studded audience. At 81, the grand old man of Larsen & Toubro wears his humble beginnings on his sleeve–recalling the inspirational legacy of his grandfather and father, who served the impoverished. “Their values have been passed down through generations,” he said in his acceptance speech. His father, a teacher and principal, donated funds to support a hospital in the family’s village. That was the only time he asked for any financial help, Naik said. “If you can help, help this hospital,” Naik recalled his father’s request.

One morning late last month, the financial futures of hundreds of medical students in the Bronx, New York, changed forever. A gift of $1 billion from Ruth Gottesman, a former professor at Albert Einstein College of Medicine and chair of its board of trustees, will make the school tuition-free in perpetuity. The donation, one of the largest in US higher education history, is an act of generosity that will undoubtedly improve life for Einstein’s students and potentially benefit the surrounding community, one of America’s poorest.

hiring people for government affairs roles. The primary responsibilities in such a role include engaging with various stakeholders, including the state and central governments, various departments, non-governmental organizations (NGOs) and industry associations.

Urban Company on Sunday announced a partnership with quick-commerce app Blinkit to delivery its recently launched water purifiers, Native M1 and M2, to customers. Urban Company said its water purifiers will be delivered within 30 minutes via Blinkit and subsequently be installed in three hours. The quick-commerce firm began delivering on Sunday in parts of Delhi NCR, Mumbai, Bengaluru, Kolkata and Hyderabad.

Let's start with your personal story I attended St. Columba's School in Delhi, with deep roots in the capital city. Spouse holds a degree from IIM Ahmedabad and operates as an independent educational consultant. Proud parent of a final-year student at Yale University and a daughter currently attending class 11 at Cathedral School. Native to Delhi, fostering a profound understanding of the city's dynamics and culture. How did you land up in this job? I was recruited by S Naren at ICICI Prudential Mutual Fund in April 2016 to lead the Investment Research division. Progressively assumed responsibility as a Senior Fund Manager, overseeing select key strategies. Presently serving as Deputy CIO Equity, where my comprehensive macroeconomic perspective steers the investment approach of the fund management team.

Nifty Smallcap adheres to the LIFO model, where the last stocks to enter the index tend to be the first to exit during a bull market, says Kunal Shah, Senior Technical & Derivative analyst at LKP Securities. “Volatility is expected to persist in the near term, necessitating a stock-specific approach. Similarly, the Midcap Index is also likely to experience volatility, and investors should consider utilizing a disciplined investment strategy like SIP (Systematic Investment Plan) to add to the index or strong-value stocks during market dips,” he says. Edited excerpts from a chat: Nifty ended the week with a loss of around 2%. How big is the support at around 21,900-level for the coming week? Kunal Shah: The Nifty index maintains a bearish undertone as long as it remains below the level of 22250. Currently trading below its 20-day moving average, situated at 22220, a decisive break above this level would signal a potential reversal. However, the index faces a strong lower support zone at 21900-21850, and a breach below this on a closing basis could exacerbate selling pressure towards the 21500-21300 zone.

Nagaraj Shetti, Technical & Derivative Analyst, HDFC Securities, says “all three OMCs have seen some significant upside momentum from the lower levels. They are into a reasonable downward correction. We have seen some smaller upside bounces in the last session. Those bounces have eroded and all the three stocks in fact are into downtrend. More weakness is likely. I would not be surprised if there is another 5-7% downside in all the three OMC stocks.” Do you think the market is readying for much lower levels from here on because there was no buying support at all on Friday? Nagaraj Shetti: Rightly said. The market is hesitant to sustain at the higher levels. If you look at the near term, I am expecting more weakness is likely for the Nifty. But for the short term, Nifty is currently placed at the support around 21,800-21,850 odd levels and I am expecting upside, short-term upside bounce from the lower levels right now in the next one or two, this consolidation, yes, minor upside bounce from the lower level is likely to occur. But near term, the weakness is likely for the market as well as for the broader market as well.

But as deal-makers feverishly debated efforts this past week by lawmakers to force TikTok's Chinese parent company, ByteDance, to sell the app, they talked about a new version: China zombies.

energy tech startup, chargeMOD, has announced its expansion plans and said it will deploy 1,200 more EV chargers across India and 600 more in Kerala. The company, in an announcement made earlier this week, said it was planning to set up an additional 1,000 slow chargers and 200 fast chargers across various states in India and to establish an additional 500 slow chargers and 100 fast chargers in Kerala. It said this was excluding the existing 1,500 charging stations in Kerala and 2,000 stations across India.

“There are pockets of exuberance emerging, so caution is advised in selecting sectors and scrips. Modest returns from equities should be anticipated in the next year.” says Ramkumar K, Chief Investment Officer, Reliance General Insurance. In an interview with ETMarkets, Ramkumar said: “We believe that domestic flows have driven the search for mid and small-cap stocks,” Edited excerpts: Indian market hit a new milestone in the week gone by. We are in the last month of the FY where do you markets going in FY25? Time to tone down expectations? Ramkumar K: The domestic market hit a new heigh, but not in isolation. Major equity markets worldwide, even those facing a looming recession, are performing remarkably well and achieving new highs.

Amisha Vora, Chairperson & MD, Prabhudas Lilladher, says “for quite some time, the sentiment was intact and the correction was shallow and this was not so broad-based. In the last 7-10 days, there was a broader correction across market caps,, less in Nifty but of course across market caps, a number of advance declines was also very sharp in favour of declines. Once a time like that comes, most of the people, their portfolios, their positions, their exposures get realigned. There are M2M related issues. So once that sets in, it takes a little time for things to stabilise and then the bull market to resurrect or the advance to resurrect.” Last few days have been pretty rocky as far as the broader markets are concerned. Which are the areas your clients have been nibbling in and you have been recommending them to buy? Amisha Vora: After a very long time, the correction looks a little broad-based and seems to have just started.

laptop. More so if they want to move away from Windows PCs. Apple hasn’t messed with the winning formula with the MacBook Air, and the newlylaunched MacBook Air M3 is no different. It’s lighter than most laptops and thin enough to slip into your backpack without feeling like you are carrying a brick.

Google's Gemini chatbot cranked out images of Black and Asian Nazi soldiers was seen as a warning about the power artificial intelligence can give tech titans. Google CEO Sundar Pichai last month slammed as «completely unacceptable» errors by his company's Gemini AI app, after gaffes such as the images of ethnically diverse Nazi troops forced it to temporarily stop users from creating pictures of people.

blew off a Boeing Max 9 jet in midair just minutes after an Alaska Airlines flight took off from Portland, leaving a gaping hole and forcing pilots to make an emergency landing. There were no serious injuries.

New Delhi, Congress' leader in Lok Sabha Adhir Ranjan Chowdhury has raised with Prime Minister Narendra Modi the issue of «huge traffic snarls», particularly in central Delhi, due to the movement of the PM's cavalcade and urged his intervention to ensure avoidance of any hardship to people. Chowdhury raised the issue in a letter to Modi while stressing that the prime minister's security and well-being are of utmost concern to the people as a whole and there can never be any compromise or let up on that front. «Nevertheless, it is a fact that the commuters on the public roads, who are from varied sections of the society and may include daily wagers, patients, office-goers, school and college going children, are often put to immense hardship owing to blocking/diversion of traffic, which is often for long durations, due to the VVIP movement,» he said. «I have heard and am also told of instances of people missing their flights, trains, examinations, as also delays in getting critically needed medical care owing to traffic blocks. The effect on the commuters that your movement on Delhi's roads has been having may not be in your notice and knowledge in complete and objective terms,» Chowdhury said in his letter dated March 15.

Meta on Friday won an appeal overturning a previous court ruling that barred it from using its name in Brazil due to confusion with another company. Mark Zuckerberg's tech company was in late February ordered to stop using its name in Brazil within 30 days after a Brazilian computer services provider won a favourable ruling arguing it already owned rights to the name and had as a result of the U.S. branding been wrongly cited in over 100 lawsuits.

Nvidia Corp.’s historic 2024 rally keeps piling on records. The stock rose 0.4% over the latest week, making for the chipmaker’s 10th straight positive week, the longest such winning streak in its history. Meanwhile, the Philadelphia Stock Exchange Semiconductor Index fell 4% this week, its biggest one-week drop since January.

By Luc Cohen

Sarah Rose Cholmondeley, the Marchioness of Cholmondeley, has long been admired for her impeccable style and aristocratic elegance. However, it's her intriguing connection to the royal family, particularly Prince William and Kate Middleton, that has sparked intense speculation and gossip in recent years.

By Stefania Spezzati and Oliver Hirt