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Nifty Bank, which hit a fresh lifetime high above 49,000 last week, has given an average return of 5% during the March quarter earnings season 7 out of 10 times in the last 10 years, says Anand James, Chief Market Strategist, Geojit Financial Services. Edited excerpts from a chat with James on the market outlook in the near term

Dr Babasaheb Ambedkar, but his government has honoured him. Addressing a rally in Madhya Pradesh's Hoshangabad, Modi also said the Congress never recognised the contribution of adivasis (tribals), but the BJP government has honoured them. «The Congress always insulted Dr Babasaheb Ambedkar, we have honoured him,» Modi said on the birth anniversary of the architect of India's Constitution. Because of the Constitution given by Dr Babasaheb Ambedkar, a tribal woman became the President of India, he said, referring to Droupadi Murmu's election to the country's top constitutional post.

Godrej Locks has said it aims to increase market share from 30 per cent to 50 per cent in three years, riding on a new range of affordable products and reduced prices of existing ones. Shyam Motwani, business head for Godrej Locks and architectural and systems, said the company's newly-launched products are over 50 per cent affordable than the existing locks, while efforts have been undertaken to make the existing locks cheaper by 7-8 per cent. The company will rely on new affordable range and price cuts in the existing locks to achieve the objective of having the dominant market share in around three years, Motwani told PTI. The target is to grab 50 per cent market in the segment from the current 30 per cent, Motwani said, adding that the company sees a massive opportunity for its products in the tier-2,3, 4 cities and towns.

TV Mohandas Pai on Sunday lashed out at Kerala unit of the Congress party for seeking to malign Bengaluru while trying to attack MoS (MeitY) Rajeev Chandrasekhar for leading an agitation against a steel-bridge project during the previous Congress regime in Karnataka and having it scuttled. Chandrasekhar, a resident of Bengaluru and a Malayali by birth, is contesting on BJP ticket in Thiruvananthapuram against the Congress party’s Shashi Tharoor. “Congress in Kerala attacking Congress in Karnataka! Keep going!” Pai posted on X in response to a barrage of posts by the Kerala unit. The former Infosys director asked the party’s Kerala unit to “mind its own business, save a broken Kerala where young people are migrating to Karnataka in large nos!”

Stock Market News: The banking and information technology (IT) stocks prompted the domestic benchmark indices, the Sensex and Nifty 50, to decline 1% each on Friday in reaction to high US inflation statistics earlier this week that dimmed prospects of an early interest rate cut by the Federal Reserve. With both finishing in red, the Pharma Index and the Healthcare Index exhibited most severe hardship among all the sectoral indices.

The U.S. and U.K. will begin restricting the trade of new Russian-origin metals — including aluminum, copper and nickel — on global metal exchanges and in derivatives trading

Consumer sentiment about the U.S. economy has ticked down but remains near a recent high, with Americans’ outlook largely unchanged this year

Official customs data show China’s exports contracted in March after growing in the first two months of the year

«We will achieve energy independence for Bharat by 2047 and reduce petroleum imports through a mix of electric mobility, network of charging stations, renewable energy production and improving energy efficiency, it said. »We will harness Bharat’s renewable energy potential, targeting 500 GW of renewable energy through the establishment of mega solar parks, wind parks and the Green Energy Corridor project among others," it added.

trials of indigenously-developed man-portable anti-tank guided missile (MPATGM) weapon system, paving way for its induction into the force's armoury. The weapon system has been designed and developed by the Defence Research and Development Organisation (DRDO), officials said. The overall system consisted of the MPATGM, launchers, target acquisition device and a fire control unit. Defence Minister Rajnath Singh has complimented the DRDO and the Indian Army for the successful trials of the system, terming it as an important step towards achieving self-reliance in advanced technology-based defence system development.

India has added a record renewable energy capacity of 18.48 GW in 2023-24, which is over 21 per cent higher than 15.27 GW a year ago, according to the latest data of the Ministry of New & Renewable Energy. However, industry experts said there is a need to add at least 50 GW of renewable energy capacity annually for the next six years to meet the ambitious target of 500 GW of renewables by 2030. According to the data, India's installed renewable energy capacity is 143.64 GW as of March 31, 2024, excluding 47 GW of large hydropower capacity (each plant is more than 25 GW or above). They pointed out that renewable energy capacity stood at around 190 GW, including large hydro projects, and therefore, India needs to add 310 GW in the next six years or at an average of 50 GW per annum.

The White House says it will provide unspecified support for Israel’s defense against an ongoing airborne attack from Iran.

Iran vowed to retaliate, and did so about two weeks later, starting a broad aerial attack on Israel on Saturday involving hundreds of drones and missiles aimed at targets inside Israel and the territory it controls. Here's a look at Iran's military and its capabilities.

Iran said it launched dozens of attack drones at Israel on Saturday, in an assault that could trigger a major escalation between the regional archenemies. Iran had vowed to retaliate against Israel for an airstrike on its embassy compound in Damascus, adding to concerns about the potential for further escalation of conflict in the Middle East. Iran has so far played no direct role in the conflict that has spread through the region since the onset of the Gaza war six months ago, while backing groups that have taken part by attacking Israel, U.S. interests, and Red Sea shipping.

Lok Sabha Elections 2024: Prime Minister Narendra Modi has expressed wishes for the quick recovery of Andhra Pradesh Chief Minister YS Jaganmohan Reddy following the stone-pelting incident targeting him last evening. PM Modi, through his official X (formerly known as Twitter) handle, conveyed his wishes for the speedy recovery and good health of the politician. "I pray for the speedy recovery and good health of Andhra Pradesh CM @ysjagan Garu," he wrote.

Who won yesterday IPL Match? Punjab Kings (PBKS) took on Rajasthan Royals (RR) at home on April 13. Rajasthan, coming from 4 wins in 5 matches, won the toss and decided to bowl first in another last-over thriller between the two. The first setback for Punjab was that their captain Shikhar Dhawan was ruled out of the game due to a minor injury.

«Demand has improved across categories including the entry products and rural markets like UP, Rajasthan, Madhya Pradesh and Bihar after a long time,» said Haier India president Satish NS. «These markets were earlier struggling to meet sales targets but now easily achieving them.» As per preliminary estimates by smartphone industry market tracker Counterpoint Research, the smartphone market grew by about 8% in the last quarter — one of the highest quarterly growths in recent times. In January-March 2023, the market had declined by 19% year-on-year. To be sure, the smartphone market growth rate in preceding October-December period was higher at 25% year-on-year but that was due to festive season shifting by a month and therefore a weak base period. But overall smartphone shipments in India had remained flat in calendar 2023.

provide unspecified support to Israel. “We are monitoring the threat," the Israeli military’s spokesman, Rear Adm. Daniel Hagari, announced in a nationwide television address, saying it would take several hours for the drones to reach Israel.

Jalpaiguri for the storm victims. Slamming Prime Minister Narendra Modi and Union Home Minister Amit Shah for not mentioning the storm affected people in Jalpaiguri's Moynaguri. Jalpaiguri Constituency will vote for the first phase on April 19. Expressing her grievance, Mamata Banerjee said, «The Prime Minister and Union Home Minister came to Bengal but they did not once mention about storm affected people in Jalpaiguri.» On the other hand, Mamata Banerjee has announced her decision to give Rs 1.20 lakh to the victims, whose houses were damaged and broken. She even emphasized in various rallies that she had rushed at midnight to Jalpaiguri, when she heard that Moynaguri, some areas of Alipurduar and Coochbehar were affected. Mamata Banerjee said on Saturday from a public rally in Jalpaiguri's Fulbari that she will give Rs 1.20 lakh and Rs 20,000 has already been disbursed by the state administration and the rest will be disbursed for the people who were affected in the storm.

ALSO READ: PBKS vs RR: Why is Shikhar Dhawan not playing for Punjab? Sam Curran says... Meanwhile, Punjab Kings has not included skipper Shikhar Dhawan in the playing XI. Standby skipper Sam Curran mentioned the reason.

ALSO READ: Earth had close shave with over 100 Vatican City, Burj Khalifa-sized asteroids in 2023: NASA's top targets unveiled 1. Asteroid 2024 GV3: Among the five asteroids, this asteroid will make the closest approach to Earth on Saturday. It will fly past at a distance of 5,10,000 km from Earth.