Trade Financial News

winning streak for a fourth consecutive week to hit new all-time highs --the best such streak in three months. The frontline indices Sensex and Nifty 50 hit fresh record highs in the previous session at 22,525.65 and 74,245.17 respectively and also gained about three per cent each in four weeks.

Nirmala Sitharaman said the government is creating an environment that will allow the country’s intellectual property rights (IPRs) ecosystem to flourish. At the same time, the need to protect the IPRs of innovators has to be balanced with the imperative of using them for the benefit of all, she said, listing the steps taken by the government to bolster research and development (R&D). “We are trying to make them (IPR laws) work as a facilitator, a booster, and not as a barrier to the process of R&D,” Sitharaman said on Saturday, asserting that India’s IP regime remains compliant with the Trade-Related Aspects of Intellectual Property Rights (TRIPS) framework of the World Trade Organization.

Inox Cinema Complex in Srinagar. Hibban, says Shah, is hooked to the e-gaming zone at the complex. As night falls, they make their hour-long journey back to Tral. This very ordinary weekend activity was the stuff of dreams in Kashmir as recent as five years ago. Shah says it is safe now to drive at night, all the way back to Tral. “The Valley has been peaceful in the last few years. Some of the sectors such as tourism and construction have witnessed a boom never seen before,” Shah tells ET. Five years ago, in February 2019, a suicide attack killed 40 Indian soldiers in Pulwama, bringing New Delhi and Islamabad perilously close to a full-blown war. The incident, which happened on the eve of the 2019 general elections, drummed up nationalistic fervour in the rest of India and was one of the factors that helped BJP sweep the polls. And one of the first steps taken by the new government under Narendra Modi was to scrap Article 370 of the Constitution, a provision that granted special status to Jammu & Kashmir. The Centre divided the state into two Union territories: Jammu & Kashmir, and Ladakh. It was an unpopular decision in the Valley but there were no big protests as all local political leaders and separatist-leaning youth were under preventive detention.

Iran-backed Yemeni rebels into the Red Sea and Gulf of Aden on Saturday, the US military said. Shortly afterwards, the rebels claimed the attack, saying they had fired missiles at an «American» commercial ship and launched drones at US warships in «the Red Sea and Gulf of Aden». It was one of the Huthis' largest attacks since they began in November a campaign of drone and missile strikes against vessels in the Red Sea area, vital for world trade, in professed solidarity with Palestinians during Israel's war against Iran-backed Hamas militants in the Gaza Strip.

logistics service providers and custom brokers as well as for custodians of freight stations to ensure safe and secure working environment. The CBIC has issued two circulars coinciding with International Women's Day on March 8. One relates to encouraging women participation in international trade, while the other is on inclusion of gender specific infrastructure facilities to be provided by the custodians of Inland Container Depot (ICD), container freight station (CFS) and Air Freight Stations (AFS). «It has been decided that in addition the existing infrastructural facilities as provided by the custodian CFS/AFS/ICD — following gender specific infrastructure facilities may also be encouraged for inclusiveness of women participation,» it said.

By Daniel Wiessner

Dividend Stocks: Shares of several companies, including IIFL Securities Ltd, SBI Life Insurance Company Ltd, among others will others will trade ex-dividend in the coming week, starting from Monday, March 11. Some other companies will also trade ex-bonus and ex-split in the coming week. The ex-dividend date is the day on which the equity share price adjusts to reflect the next dividend payout.

Bitcoin‘s recent trading activity presents a fascinating case for price predictions as the digital currency hovers around $68,100, marking an increase of 1.50% on Saturday.

We recommend long-term investors to accumulate gold in a staggered manner rather than investing in one shot, Anuj Gupta, Head Commodity & Currency, HDFC Securities says. At the current level, the risk-reward is not favourable and a 3% to 5% correction in gold prices is a good opportunity for entering long, he recommends.

Buy or sell stocks: Despite strong global market sentiment on a possible US Fed rate cut buzz, the Indian sock market reamianed range-bound on Thursday last week. The Nifty 50 index added 19 points and closed at 22,493 level, the BSE Sensex went up 33 points and ended at 74,119 mark whereas the Bank Nifty index finished 129 points lower at 47,865 level. However, the broad market witnessed buying interest as the small-cap index went up 0.70 percent while the mid-cap index shot up 0.39 percent.

Prime Minister Narendra Modi on Saturday said the kind of work done by his government in the last five years in the Northeast, the Congress would have taken 20 years to do it. The PM was addressing a public meeting in Arunachal Pradesh's Itanagar after unveiling development projects worth Rs 55,600 crore in the region. «The Northeast is going to become a strong link in India's trade, tourism and other relations with South Asia and East Asia. Today, projects worth over Rs 55,000 crore have been unveiled here,» he said. «Congress would have taken 20 years to do what we have done in the last five years in the Northeast,» he added.

PNB, Chambal Fertilisers and Havells are the top 3 stock picks of Rupak De, Senior Technical Analyst at LKP Securities for the week ahead. Edited excerpts from a chat in which he also talks about the market outlook and whether largecaps will dominate the market.

Congress and the opposition BJP are yet to come out with their full list of candidates for the upcoming Lok Sabha polls in Karnataka, there is a fair idea about the campaign issues in their armoury. The recent bomb blast at a popular eatery here and the raising of «pro-Pakistan» slogans in the corridors of 'Vidhana Soudha' have given fresh ammunition to the BJP to attack the Congress government. «The twin issues have given us a momentum of sorts in campaigning,» a senior BJP leader said. The Congress would seek to ride on the popularity of its «guarantee schemes» and make BJP-led NDA government's «step-motherly» attitude towards the state a major poll plank, party sources said.

On the allotment date, investors get to know about the number of shares allotted to them as against the bids made.

The Nifty closed at 22,494 on 7th March with a gain of 115 points on a weekly basis.

Online trading applications have helped new-age investors and traders participate in Futures and Options trading as per their requirements.

India is set to tie duty reductions associated with the trade agreement with the European Free Trade Association (EFTA) to investments made by companies from member nations, including Switzerland, Norway, Iceland, and Liechtenstein, reported TOI. These nations have collectively pledged to invest $100 billion over a span of 15 years. The FTA is scheduled to be signed on Sunday following its clearance by the Union cabinet on Thursday evening. Negotiations for the agreement commenced in 2008 but were halted after the Modi government assumed office in 2014, as per a TOI report.

Here's how you can check the status on NSE:

External Affairs Minister S Jaishankar concluded his three-day visit to Japan, during which he held meetings and interactions with several top leaders to explore ways to qualitatively transform the Special Strategic and Global Partnership, the Ministry of External Affairs said in a press release. The EAM called on Japanese Prime Minister, Fumio Kishida and conveyed Prime Minister Modi's greetings to him. He also briefed Kishida about recent developments in India-Japan Special Strategic and Global Partnership, and sought his guidance to further strengthen the relationship. Jaishankar held the 16th India-Japan Strategic Dialogue with Japanese Foreign Minister, Yoko Kamikawa, on March 7.

NEW DELHI : Smaller regional language industries such as Malayalam, Kannada, Marathi, Bengali and Gujarati saw a dip in footfalls and revenue in 2023 despite ticket prices not rising, according to media consulting firm Ormax. This comes in a year when Hindi language box office collections may have crossed the ₹5,000 mark. Film industry experts attribute it to a challenge of quality content in these markets.

foreign portfolio investors (FPIs) have been asked by the Indian tax office on whether they have borrowed money to trade on stock exchanges. It’s unclear why the information was sought, but the Income Tax (I-T) department has directed these offshore funds to disclose the identities of the lenders, the latter’s source of money, and the nature of agreement between the two parties. The move to fish out such information could well be to trace any possible and indirect links between overseas portfolio managers with Indian companies and promoters, feel some of the tax and finance professionals.