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Indian Space Research Organisation (ISRO) Chief S Somanath Thursday said the Indian space agency is planning to launch 50 satellites in the next five years for geo-intelligence gathering. The initiative involves the creation of a layer of satellites in different orbits with the capacity to track the movement of troops and image thousands of kilometers of area.

MUMBAI : Rajiv Jain-led GQG Partners has accounted for more than a fourth of the entire net foreign portfolio investment (FPI) inflows into India in 2023. Of that investment, more than 80% went into the Adani Group, and the rest into five other listed companies. Returns on the investments, too, were impressive.

By Shubham Batra and Amruta Khandekar

«You can't fight the Fed» is a famous refrain repeated by most market participants throughout the years. Unfortunately, it is just not true. The truer statement is that «you can't fight the market.» Along these lines, I just read a bearish article and saw this comment, which also received a high number of «likes:»

college band and a love for music he says he left behind to handle the family business but when life gave him a chance to pursue his teen passion he grasped it eagerly — and today Ajay Bijli, PVR INOX managing director, can be heard crooning a song in «Dunki». Bijli started with covers of the songs that he likes in English and Hindi during the COVID-19 pandemic. He then decided to take things to the next level by singing an original track and it resulted in «Waheguru, Ik Onkar», a spiritual number that features prominently in Shah Rukh Khan's new release «Dunki» and is also available on T-series as a music video.

Investing.com — U.S. stock futures drift as a strong trading year approaches the close, while Apple is freed to sell its smartwatches, at least for now. Xiaomi looks to move into the crowded Chinese EV market, while crude prices and the dollar continue to head lower.

tech magnates like Elon Musk and Mark Zuckerberg to oligarchs weathering sanctions, have seen their fortunes flourish. According to Bloomberg's tracking of the top 500 billionaires worldwide, a majority witnessed substantial wealth growth, with 77% experiencing unprecedented increases in their net worth. Despite 12 of the top 50 wealthiest individuals facing monetary setbacks, the remaining elites amassed staggering wealth, albeit not factoring in inflation adjustments.

Scosche Rhythm 24, which is well-known for its accurate heart rate tracking and device compatibility. It provides customers with consistent and up-to-date heart rate data. On the other hand, fitness fans wanting a multipurpose wristwatch will find the Titan Smart 3 intriguing due to its wide range of sports modes and vivid Super AMOLED display.

satellites in the next five years for geo-intelligence gathering which will include the creation of a layer of satellites in different orbits with a capacity to track the movement of troops and image thousands of kilometers of area, Indian Space Research Organisation (ISRO) chairman S Somanath said here on Thursday. Speaking at 'Techfest', an annual science and technology event organised by the Indian Institute of Technology Bombay, he said it is important to improve the ability of satellites to detect changes, to bring in more of AI-related and data-driven approach to analyse data, reduce data downloads and get only the necessary information.

N Chandrasekaran in his new year message to employees. «Now that we know what we have to do, and our plans have momentum, we need to think hard about how we can execute flawlessly and with speed». «The next decade will belong to companies who excel in giving customers excellent experiences. With our growing footprint in consumer businesses, we have to bring empathy to every interaction—be that in Air India, Tata Motors or Titan. Brand Tata must be recognisable across all companies. And our group’s aim should not be merely to adopt, or adapt to, technology. We need to shape it, and make it. This New Year, I urge each company to appoint an AI champion to proactively pursue the benefits of AI—economically, operationally and socially,» he said.

shares of ProShares Bitcoin Strategy ETF, which is popularly known as 'BITO' and tracks the price of futures tied to the world's largest cryptocurrency, a trading note showed on Thursday. Based on the fund's closing price on Wednesday, ARK's stake is worth roughly $92 million, according to Reuters' calculations. After a brutal 2022, the crypto market is on a rebound, with Bitcoin climbing more than 150% so far this year. Big asset managers, including BlackRock, are waiting for regulatory approvals from the U.S. Securities and Exchange Commission (SEC) to launch a string of derivative-based products such as ETFs tracking the spot price of Bitcoin.

Economist Peter Morici reacts to the Fed signaling that it could cut interest rates three times in 2024, on 'Varney & Co.'

Israeli firm NSO Group, is used to gain access to someone's phone messages and emails, peruse photos, eavesdrop on calls, track locations and even film the owner with the camera Notably, the Pegasus spyware is only sold to governments or security agencies -- against journalists and activists in dozens of countries, including India. The investigation revealed that the Pegasus spyware had been extensively used against journalists and activists in dozens of countries, including India.

If you are a new investor and are deliberating over which mutual fund scheme to invest into, you are likely to be tempted by the returns delivered by different schemes. 

Tata AIA Life Insurance has recently launched the Tata AIA Life Flexi Growth Fund, enabling policyholders to invest in a diverse array of companies across large, mid, and small-cap sectors, based on their attractiveness at any given moment. This new fund offering (NFO) through the Unit Linked Products window was unveiled on December 16, 2023, and will be accessible until December 31, 2023, at a net asset value (NAV) of ₹10 per unit.

e-Commerce enabler POP says it expects to expand its rewards coin user-base to 8 million by the end of next year, from 1.5 million at present led by new launches of e-commerce marketplace and payment instruments lined-up. In addition, more than 1000 brands are expected to issue and allow redemption of POP coins on their e-commerce websites by the end of 2024, it said.

Nifty 50, Nifty Bank, and Nifty IT are among the key indices tracked by passive index funds and would see a rebalancing as part of the quarterly review. The changes will come into effect from Friday. Among Nifty stocks, The weightage of Adani Enterprises may reduce to 0.8% from 1%, while that of Adani Ports to 0.8% from 0.9%. Adani Enterprises is likely to see outflows of $71 million while Adani Ports will see outflows of $24 million, according to analysts’ predictions. Shares of Adani Enterprises and Adani Ports fell 0.6% and 0.3%, respectively ahead of the rebalancing.

Gautam Shah, Founder & Chief Strategist, Goldilocks Premium Research, says “now our high conviction bet is SBI. It can do something special in 2024 if you want to just pick one stock among the largecaps. So given this view, banking as a space should do well and that should keep the entire market safe. You know, if the banks are strong, the Nifty is strong. If the Nifty is strong, generally the entire market is steady.” Shah further says: «On the Nifty itself, our working target is about 22,300. As we get close to that number, it might make sense to take some profits off the table and maybe work with a trailing stop-loss of 21,200 or even, if somebody's comfortable, 20,900. So while the index might not be so relevant right now, there are opportunities in a lot of sectors, banks, IT, pharma, metals, infra, power where one should focus on without looking at the index much.» Looking at your latest report, it says a new high is quite a feat. But going by what you have put out in the report, you are talking about the Nifty Bank and IT sector batting for the bulls and therefore it becomes easy for the Nifty to rally. So given the kind of rally that we have seen at 21,700 levels, is that going to only sustain as per your analysis? Gautam Shah: Well, when we put out the message that new highs being quite a feat, we meant after what happened last Wednesday because there was so much talk and chatter around the market fall of a single day.

geo-political risks, global slowdowns, quantitative tightening, and high valuations. The RBI has also identified a surge in unsecured loans as a potential risk and has announced policy measures to mitigate the concern. It is essential to closely monitor the credit expansion within the system, given the substantial surge observed this year. A potential default could pose a significant risk to one's portfolio.

Introduction Smartwatches, which combine a wide range of features into a small, wearable gadget, have quickly become fashionable and useful accessories. With a variety of reasonably priced models on the market, these devices—once thought of as a luxury—are now more accessible than ever. These best smartwatches, which range in price from less than ₹1000 and satisfy a variety of demands without breaking the bank, are growing in popularity.

NFOs. Fuelled by a generally optimistic market sentiment, mutual funds seized the opportunity to launch a variety of schemes designed to cater to a broad spectrum of investor preferences. Before the conclusion of this year, around 228 NFOs, spanning active and passive schemes in both equity and debt categories, including open-ended and close-ended schemes, have attracted investments exceeding ₹50,000 crores.