Sustainability Financial News

Indian Navy warship INS Kolkata is set to bring 35 apprehended pirates to India. «The Indian Navy warship INS Kolkata has taken 35 sea pirates into custody and is being brought to India along with the 17 crew members rescued after the major operation,» officials said on Sunday. During the operation, the Indian Navy forced the pirates to surrender and rescued 17 crew members from the distressed merchant vessel MV Ruen on Saturday. The merchant vessel is also being brought to India.

Investing.com — Central bank decisions will be front and center in what’s set to be an action-packed week as investors attempt to gauge how close the Federal Reserve is to cutting rates. The Bank of Japan appears to be shaping up to exit negative interest rates after months of anticipation. Meanwhile, AI darling Nvidia (NASDAQ:NVDA) is to hold a closely watched developer conference. Here’s what you need to know to start your week.

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.

Helldivers 2, renowned for its challenging enemies, introduces the formidable Devastators. These armored behemoths are equipped with an array of devastating weapons, posing a significant threat to players. Understanding their features, knowing where to find them, and employing effective strategies are essential to overcoming these formidable foes, as per a Dexerto report.

Anand Mahindra, the Chairman of Mahindra Group, has shared a video on Twitter showcasing an innovative solution for harvesting water from air conditioners. The video, which has garnered significant attention, highlights a simple yet effective method of collecting water daily from AC units. Mahindra took to Twitter to share the video, emphasizing the importance of adopting such practices across India.

Over 28 crore Indian citizens want to buy a house, among the 40-crore population that is yet to own a house in the country. CREDAI also projects that there will be a 7-crore additional housing demand by 2030. “Due to its strong multiplier effect coupled with robust real estate demand – for both housing and commercial – the sector is bound to play a critical role in multiplying GDP value and increasing revenues, per capita incomes that will aid further growth as a part of a self-sustaining cycle due to ever increasing consumption,” said CREDAI president Boman R Irani.

Elections are in the air. Whether it's India's that's around the corner, Russia's currently underway, or Britain's and America's this winter, democracies take pride in conducting elections — even when some do it less freely and fairly than others. Incumbent Vladimir Putin, for instance, will be declared victor for the fifth — and third consecutive — time.

Rajnath Singh on Friday inaugurated the 'Nausena Bhawan', the new state-of-the-art headquarters of the Indian Navy at the Delhi Cantonment which is equipped with modern facilities and cutting-edge technologies. It marks a significant milestone for the Navy as it has established its «first independent headquarters in Delhi», the defence ministry said in a statement. Previously, the Navy operated from 13 different locations, necessitating a consolidated and purpose-built facility such as the 'Nausena Bhawan', it said. The inauguration represents a significant step forward for the Indian Navy, providing a centralised and technologically advanced headquarters that reflects the nation's commitment to maritime excellence and national security.

As the cryptocurrency market continues to evolve and gain momentum, investors are closely monitoring the performance of various digital assets, seeking opportunities for significant returns. In recent weeks, notable cryptocurrencies like Polkadot (DOT), Avalanche (AVAX) and Bitcoin (BTC) have captured the attention of traders and analysts alike with their price movements and potential for growth.

₹45.6 crore in FY23 from ₹248.6 crore in FY22. Its losses reduced to ₹385 crore from ₹513 crore during the same period, according to company filings with the Registrar of Companies (RoC). The company’s diminished scale is attributable to the challenges being faced by the industry.

Intelliswift Software Inc., a renowned global leader in IT services, is pleased to announce a significant leadership transition aimed at fostering continued growth and innovation. Specializing in delivering Digital Product Engineering, Data Management & Analytics, AI, Cloud, Digital Enterprise, and MSP/VMS staffing solutions, the company is poised for an exciting phase of growth. With immediate effect, Surej KP assumes the pivotal role of Chief Executive Officer (CEO), bringing a wealth of experience and visionary approach to steer the company into its next phase of success, emphasizing a robust growth trajectory.

Mamata Banerjee) felt a bit dizzy and then collapsed, nobody pushed her from behind... After falling, she got injured; the doctor is looking into everything. Details will come out soon; checkups are going on...Everybody wants the well-being of Mamata Banerjee, however, taking the wrong meaning of this is injustice..." TMC leader Shashi Panja said.

Home loan borrowing costs fell for the second week in a row, pulling the average long-term U.S. mortgage rate to its lowest level since early February — good news for prospective home shoppers as the spring homebuying season gets underway

Fishermen might soon be able to catch thousands of pounds of valuable baby eels for years to come

Siemens , ABB India , Thermax share prices have seen strong run up on the bouses having gained up to 70% in a year. Bharat Heavy Electricals Share price has been a outlier having given multi bagger returns of 179% in a year to investors. The Capital good companies have been gaining regularly with economic activity catching pace .

BSE on Friday, March 15, defying an overall downtrend in the market. IRB Infrastructure share price opened at ₹56.10 against the previous close of ₹56.07 and soon jumped 7.5 per cent to hit the level of ₹60.29. It, however, pared gains and traded around 3.58 per cent higher at ₹58.08 around 10:15 am.

₹20 lakh. The woman attempted suicide by jumping in front of the Janmabhoomi Express at Tenali railway station, sustaining severe injuries. She was immediately taken to Guntur General Hospital for treatment but unfortunately passed away four days later, on Monday.

Stock market today: After witnessing a massive sell-off on Wednesday, the Indian stock market shifted into a reasonable upside bounce amidst positive market breadth on Thursday. The Nifty 50 index added 148 points and ended at the 22,146 level, the BSE Sensex gained 335 points and closed at the 73,097 level whereas the Bank Nifty index finished 191 points lower at the 46,789 mark.

Sensex gained 335.39 points to close at 73,097.28, while the Nifty 50 settled 148.95 points, or 0.7%, higher at 22,146.65. Nifty 50 formed a reasonable positive candle on the daily chart, besides the long bear candle of the previous session. This is indicating a pullback rally in the market.

Mamata Banerjee, who suffered a sharp cut over her forehead and nose on 14 March after falling within the vicinity of her home “due to some push from behind." While speaking to media persons on Thursday, the SSKM director Bandyopadhyay informed that Mamata was discharged after receiving treatment for her injury. He also added that the chief minister was admitted to the hospital with a "history of (a) fall within the vicinity of her home due to some push from behind". The hospital director informed further that doctors administered three stitches on her forehead and another on the nose.