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According to an official release, the 109th Indian Science Congress hosted by Lovely Professional University (LPU), announced a series of diverse conferences and sessions under the theme ‘The Global Perspective on Science and Technology for a Sustainable Future’. This event is expected to bring together Nobel laureates, scientists, researchers, academicians, experts, innovators, and policymakers from around the world to engage in discussions and develop strategies for introducing sustainable technology across various fields.

The Reserve Bank of India’s Monetary Policy Committee (MPC) on Friday chose to maintain the repo rate at 6.5 per cent, affirming its dedication to stability while gradually scaling back accommodation to align inflation with the 4 per cent target. This stability is likely to bolster sentiments in the real estate sector, which is already experiencing positive trends in key markets across the country. Furthermore, consistent lending rates have the potential to encourage investments, fostering economic growth.

Bond traders who powered a ferocious rally in the $26 trillion U.S. Treasury market are about to find out if they’ve gotten ahead of themselves.

Vishnu Varathan was on the seventh floor of his office in Singapore’s Asia Square on Thursday when the phones started ringing. The yen was surging and clients wanted to know what was coming next, quickly. 

(Updated — December 8, 2023 5:39 AM EST)

India has a two-to-three year window to capitalise on the global strategy of de-risking from China and the government must come up with a set of policies and programs that make doing business and shifting to India not just attractive but easier also, NITI Aayog vice chairman BVR Subrahmanyam said. “In the next 15 to 20 year time span, India has an opportunity in manufacturing. But the opportunity and the window for India is at best two to three years because supply chains are unwinding, becoming short term and looking for new geographies.

Axis Mutual Fund announced the launch of the 'Axis US Treasury Dynamic Bond ETF Fund of Fund'. Benchmarked against the Bloomberg US Intermediate Treasury TRI, the primary investment objective of the scheme is to provide regular income by investing in units of overseas ETFs where the investment mandate is to invest in US treasury securities across duration. The fund will be managed by Vinayak Jayanath. The new fund offer (NFO) is set to open for subscription on December 12, and will close on December 19. The scheme will predominantly follow an active investment strategy for investments in the overseas mutual funds. The fund is designed to dynamically adjust to market fluctuations, aiming to capitalize on the expected yields and minimize risks. This fund has the potential to be an ideal addition for those looking to diversify their portfolio for international exposure. This dynamic management approach allows the fund to adapt to changing macroeconomic conditions, targeting both capital appreciation and income generation opportunities.

Apple is rumoured to unveil a range of refreshed iPad and MacBook Air models in the early months of 2024, The update regarding the new line-up comes from Bloomberg's Mark Gurman.

Apple and its suppliers have ambitious plans to manufacture over 50 million iPhones in India every year within the next two to three years, Wall Street Journal reported citing sources. This move is part of Apple's strategy to reduce its dependence on China and diversify its supply chain. If successful, India would account for a quarter of global iPhone production by the end of the decade. Last month, Foxconn, one of Apple's key suppliers, showed its commitment to India by announcing an investment of over $1.5 billion in India.

Mahesh Patil, CIO, ABSL AMC, says “a lot of the domestic sector focus are looking good, especially the kind of value what we have seen in the industrials, capital good, the power stocks, the backbones of the economy. If that is starting to recover, then we could see the broader market sustaining. But the recent rally has primarily been in the largecap space which was lagging behind. We have seen a good amount of money flow in the mid and smallcap space, That seems to have turned around. “ It has been a historic week, stepping into a historic month. What is the market construct looking like to you? So, yes, I think this month has been fairly good. We have seen positive results from the electorate in the state elections. The markets have taken a positive outlook that the election outcome would be slightly favourable and globally, also, despite all the concern about growth slowdown, we have seen a decent amount of rally.

Within a recent post on social media, Richard Teng, who was recently hired as the CEO of Binance, provided reassurance to stakeholders over the exchange's commitment to maintaining its key principles. His message, which comes after a turbulent era for the corporation, is a promise of stability and a focus on the user from the company's perspective. Given the recent legal problems that have involved his predecessor, Changpeng Zhao, this promise is especially noteworthy in light of those specific occurrences.

The Newsom Administration released an insightful report in response to Governor Gavin Newsom's Executive Order from September 2023. This report focuses on the utilization and potential challenges of Generative Artificial Intelligence (GenAI) within the California state government. As the first in a series of planned publications, it marks a significant step in the state's journey to harness and regulate this emerging technology.

The Most Valuable Builder (MVB) accelerator program, which is a collaborative project between BNB Chain and Binance Labs, has been in the forefront of supporting Web3 builders and fostering the development of the BNB Chain ecosystem ever since it was first introduced in 2021. This forward-thinking program, which is well-known for its intense accelerator structure that lasts for ten weeks, has been instrumental in bringing early-stage businesses to the forefront of the blockchain and Web3 worlds.

RBI) continued with its stance of pause in the bi-monthly policy review on Friday. The central bank held the Repo Rate (or the rate at which lends money to banks) at 6.5%, in line with the expectations of money market participants. What does the continued pause mean to mutual fund investors? The Reserve Bank of India has been holding policy rates since February this year. The apex bank had raised policy rates by 2.5% before the pause, starting from May 2022, to contain the inflationary pressure in the economy. Central banks raise interest rates to control inflation by suppressing demand for loans. According to money market analysts, the policy pause is likely to be a long one as the central bank is extremely vigilant about the inflationary pressure in the economy. Most of these analysts rule out a rate cut before June 2024.

Orchid Pharma with a buy rating, Prabhudas Lilladher has a buy rating on DMart, and a reduce rating on NOCIL. Motilal Oswal maintained a buy rating on Cholamandalam Investment & Finance Ltd. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Investec on Orchid Pharma: Buy| Target Rs 800 Investec maintained a buy rating on Orchid Pharma with a target price of Rs 800.

yPredict.ai emerges as a beacon of clarity, offering a suite of analytical tools and platforms crafted by a coalition of AI/ML (artificial Intelligence and machine learning) specialists, financial quants, and seasoned traders. This innovative ecosystem is designed to cut through the cacophony of market noise, providing data-driven insights that leverage advanced financial prediction methods.

Tata Group is gearing up to construct one of India's largest iPhone assembly plants, aligning with Apple Inc.'s strategy to expand its manufacturing footprint in the country, as per a Bloomberg report. The conglomerate plans to build the factory in Hosur, located in the southern state of Tamil Nadu, sources told the publication. The facility is anticipated to accommodate around 20 assembly lines and aims to employ around 50,000 workers within the next two years.

Tata Motors is pressing Indian officials not to lower import taxes of 100% on electric vehicles and to protect domestic industry and its investors, as the government reviews Tesla's plans to enter the market, people with direct knowledge said. As India tries to boost domestic manufacturing and electric vehicle (EV) adoption, Tesla is proposing to set up an Indian factory but is demanding lower import taxes for electric cars.

Narendra Modi. He stated that a clear decision on CM candidates will be revealed by December 10, but refrained from disclosing whether the party will select leaders from the newly elected MLAs or bring in outsiders.

Ashutosh Tiwari, Managing Director and Head of Institutional Equities at Equirus believes Budget 2024 may be balanced, along with growth orientation, and it will also include populist measures with a focus on rural and lower strata of society which has been under distress post Covid. In an interview with Mint, he says NDA's win in the 2024 General Election will not trigger any sharp rally in the market.

Life Insurance Corp (LIC) is stepping up activity in a space where banks are wary of a hawkeyed regulator and higher capital needs, with the country's biggest institutional investor in tradable securities recently buying debt issued by highly rated non-banking financial companies and corporates, including Reliance Industries. LIC subscribed to a lion's share of Reliance's ₹20,000-crore bond sale last month, while also taking up a major portion of a bond sale earlier this week by Tata Capital Financial Services (TCFSL), a subsidiary of Tata Capital, sources aware of the developments told ET. LIC had bought ₹13,000 crore of RIL's bonds, the sources said. The insurance sector giant is also said to have deployed funds in a September bond sale by another highly-rated NBFC — L&T Finance, the sources said. An email sent to LIC did not receive a response by the time of publication.