Wellness Financial News
10.03 / 04:57
markets
UPS
Analysis
wellness
Trade
band
rights
Market valuations indicate bottom is near, economic outlook optimistic: Chakri Lokapriya
«All the GST products which come in that band, the affordable products, I would guess are the ones where they would see some kind of cut, clearly not the luxury products, and also given that automobiles and tariffs and Trump tariffs are going to impact the automobiles above that $40,000 mark, clearly there is unlikely to be any GST reduction above that,» says Chakri Lokapriya, CIO-Equities, LGT Wealth. Where do you see things are stacking up for the market? We have seen a dinky bounce from the recent low. Are we out of the woods? Chakri Lokapriya: You are absolutely right. We are out of the woods because if you look at the valuation currently trades at Nifty one year forward, trades at about 18.8 times, close to 19 times. The COVID lows was about 18.5 times. So, is the market overall in a far better economic situation than it was during the COVID period lows? Answer is clearly yes.
10.03 / 04:45
security
Analysis
Research
wellness
trends
Trade
rights
India bonds to react to debt supply, bond purchase, inflation data
bond yields were barely changed at the start of a week that would see key events including heavy debt supply, bond purchases from the central bank and inflation data due in India as well as the United States. The benchmark 10-year yield was at 6.6902% as of 9:45 a.m. IST, compared with its previous close of 6.6881%.
10.03 / 03:39
UPS
Citi
Google
Infinity
wellness
President
Inside
Why Google’s new Bengaluru office is built like a web of neighbourhoods
Subscribe to enjoy similar stories. When you see it from a distance, the new Google India campus on Bengaluru’s chaotic Outer Ring Road does look like the infinity symbol. With a curved, rounded structure, both in the outer walls of the building as well as the roof, the building creates an impression of the endless loop.
10.03 / 03:19
markets
UPS
Analysis
wellness
Trade
show
rights
Overweight on IT, pharma, auto components; have added some FMCG stocks: Devina Mehra
Devina Mehra, Founder & CMD, First Global, says this time it has been coincidental that the FIIs have pulled out money and the markets have fallen. But over a period of time, data show that the unsaid assumption that if FIIs come in, the market goes up; FIIs pull out, and the market goes down, does not hold any more. In any case, the end of the US outperformance US is coming closer. Mehra also says that they are overweight on IT, pharma, and auto components and have selectively added some FMCG and chemical stocks.
10.03 / 03:19
markets
Digital
wellness
Experts
RAI
aquatics
Chinese rapeseed meal futures rise after tariffs on some Canadian imports
The tariffs, effective from March 20, include a 100% levy on more than $1 billion worth of Canadian rapeseed oil, oil cakes and peas, as well as a 25% duty on $1.6 billion worth of Canadian aquatic products and pork. The levies, which mirror the 100% and 25% tariffs Canada imposed on Chinese-made electric vehicles and steel last year, triggered a rally on the Zhengzhou commodity exchange.
10.03 / 02:45
markets
UPS
Dreams
awards
wellness
International
ET Awards: Small things mattered more for defender of the defenceless, says N Chandrasekaran
N Chandrasekaran, who joined the Tata Group in 1986 as an intern about four decades ago, with the dream of shaking hands with Ratan Tata. Chandrasekaran ended up succeeding him as chairman of Tata Sons in 2017. In his tribute to the late Tata Group patriarch, Chandrasekaran said, «For him, the small things mattered more. He paid close attention not only to people with the big ideas but what also mattered was his attention to the small things. He cared for the people who could not defend themselves and what set him apart was that he was a defender of the defenceless. I have seen it on so many occasions that he never said anything just for the sake of it and never acted upon anything for the sake of it.»
10.03 / 02:29
markets
awards
wellness
Freedom
stage
audience
reports
ET Awards: I believe that one of my missions in life must be to help people around the world better understand India, says Fareed Zakaria
India has a unique opportunity to become a pivotal player on the global stage, according to Fareed Zakaria, India-born American journalist, political commentator and author. Speaking to the audience at the ET Awards for Corporate Excellence in Mumbai on Saturday, Zakaria said as a rising economic power, India is critical to the West for strategic reasons while remaining well-regarded and connected with the Global South.
10.03 / 02:29
markets
security
Analysis
wellness
trends
Trade
Experts
Market rebounds from oversold levels, Rajesh Palviya advises cautious optimism
Nifty rebounding from its oversold trajectory. However, Rajesh Palviya, technicals and derivatives analyst at Axis Securities, cautions that the rally remains fragile unless key resistance levels are surpassed. In an interaction with ETNow, he highlighted the significance of 22,750 as a pivotal level that needs to be breached for a stronger uptrend. «There is a recovery from oversold trajectory of Nifty. But still, we are trading below to 20-day moving average, which is placed at around 22,750 kind of level. So, that level needs to cross in this recovery,» he stated.
10.03 / 00:49
markets
Digital
wellness
trends
Trade
War
rights
Global tariff war may weigh on valuations: UTI AMC's Subramaniam
Subscribe to enjoy similar stories. Earnings downgrades of India Inc. continue amid slowing economic growth domestically and global trade uncertainty, but UTI AMC's chief investment officer sees an improvement for Nifty 50 earnings in the next fiscal year from the mid-single digit consensus forecast for FY25.
09.03 / 20:27
markets
UPS
Target
Ball
Merit
wellness
India's ODIssey to top of the world: Rohit’s men defeat New Zealand by four wickets to win Champions Trophy for third time
India’s bowlers stuck to their guns, attacking the stumps and keeping the batsmen honest. In turn, New Zealand’s finest seem to have got a measure not only of the conditions and opposition but of what was needed in a tournament final. At no time did New Zealand’s batting look under pressure, harried or hurried. It was as though they had mentally set themselves a target of something in the region of 250, and were planning their way there, rather than aiming for 300 and falling well short. Rachin Ravindra was a treat to watch for his 37 and Daryl Mitchell ensured that the innings was held together with 63. If New Zealand were kept on a tight leash by India’s spinners, with wickets falling just regularly enough to ensure that the game was always within grasp, Michael Bracewell, at No 7, kept New Zealand competitive with a breezy 53.
09.03 / 18:53
markets
UPS
Netflix
wellness
show
audience
Dark Winds Season 3: When will new episodes air? Streaming date & time, episode details
All they have to do tonight is tune in for the premiere of Dark Winds Season 3 and usher in a new chapter of intrigue and suspense. The series, which had been on since its release in June 2022, received a wider audience following its inclusion on Netflix in August 2024.
09.03 / 18:53
markets
wellness
Justice
Department
Courts
Investigations
Scandals
Chhattisgarh claims nearly Rs 5,000 crore loss in liquor case
The state government counsel made a statement to this effect to a Supreme Court bench headed by Justice Abhay Oka on Friday. The case is being probed by Chhattisgarh's Economic offences Wing (EOW) as well as Enforcement Directorate (ED). The development took place during the hearing of a bail plea filed by retired IAS officer Anil Tuteja, a co-accused in the case, and Arun Pati Tripathi, the then special secretary of the Chhattisgarh excise department.
09.03 / 18:53
markets
Platform
Death
wellness
country
cricket
Sporting
Keep tobacco and alcohol ads and their proxies off IPL, Health ministry tells cricket board
health ministry has asked the Indian Premier League (IPL) and the cricket board to ban all forms of tobacco and alcohol advertising, including surrogate ads, at stadiums and related events, as well as during telecast sessions on national television. In a letter to IPL chairman Arun Singh Dhumal, director general of health services Atul Goel also sought doing away with the sale of tobacco and alcohol products in all affiliated events and sports facilities. The letter, dated March 5 and also addressing the Board of Control for Cricket in India, asked the sports bodies to discourage sportspersons (including commentators) from directly or indirectly endorsing products linked to alcohol or tobacco.
09.03 / 15:37
markets
wellness
President
War
RAI
Iraq fears power cuts as US ends sanctions waiver for electricity purchases from Iran
The decision came as part of President Donald Trump's «maximum pressure campaign» on Iran, which is «designed to end Iran's nuclear threat, curtail its ballistic missile programme and stop it from supporting terrorist groups,» the statement said. «We urge the Iraqi government to eliminate its dependence on Iranian sources of energy as soon as possible, and welcome the Iraqi Prime Minister's commitment to achieve energy independence,» the statement said.
09.03 / 14:01
markets
UPS
Manufacturing
wellness
President
electronic
Haier aims for $2 billion sales in India in next 3-4 years, to invest Rs 1,000 cr in manufacturing
Haier Appliances India looks to become a USD 2 billion sales company in the next 3-4 years on the back of a high double-digit growth powered by expansion in product category and channels, according to a top official. The home appliances maker has earmarked an investment of over Rs 1,000 crore between 2024-2028 to set up new AC Production and Injection Molding Units. It has already ploughed in Rs 2,400 crore in its plants at Pune and Greater Noida so far. With this new plant, Haier India's capacity would increase to 4 million units per annum from the present 1.5 million units, besides increasing domestic value addition. «Currently we have a capacity of 1.5 million. However, the way the AC market is growing here, by 2027 we will have a shortage in capacity.… The new plant will be 2.5 million units,» Haier Appliances India President NS Satish told PTI on Sunday.
09.03 / 11:55
UPS
FIVE
wellness
Universities
testing
Equality
New firefighting tech is being trialled in Sardinia’s ancient forests
Subscribe to enjoy similar stories. The fires went on for three relentless days in the summer of 2021, scorching over 13,000 hectares of western Sardinia. Residents “saw their whole world go up in flames around them," says Carlo Poddi, a forestry expert on the island.
09.03 / 10:19
FIVE
Career
wellness
film
classical
stars
Interviews
Amitabh Bachchan once said that he got to be famous after working with this iconic star
Bollywood classic, five decades after its theatrical release. The Hrishikesh Mukherjee directorial, which starred Amitabh Bachchan and Rajesh Khanna in lead roles, quickly became a box-office phenomenon as well as a milestone in Bachchan Sr’s career. 49, years after its release, an old interview of Bachchan is currently going viral. In a 1990 interview with Star Dust, the ‘Agneepath’ star stated that working with Rajesh Khanna played a big part in his rise to stardom. He revealed that after he did the movie, many people came up to him to ask after Rajesh Khanna, who was the reigning superstar at that time. “When Hrishida asked me to work with Rajesh Khanna in Anand, it was a dream come true for me. The hysteria that be evoked was witnessed for the first time in the history of Hindi films. I got famous purely because I was working with Rajesh Khanna. People came and asked me questions like ‘How does he look?’, ‘What does he do?’ So I became very important, thanks to him. I have always had the greatest respect for Kaka," he said.
09.03 / 09:59
markets
Platform
wellness
President
social
reports
Musk calls on US to quit NATO, stop paying for Defence of Europe
Elon Musk threw his weight behind a US exit from NATO, saying on his social media platform that it “doesn’t make sense for America to pay for the defense of Europe.” The senior adviser to US President Donald Trump was responding to a post on X early Sunday that asserted the US should “Exit NATO *now*!” “We really should,” the Tesla Inc. co-founder and chief executive officer said.
09.03 / 08:49
markets
Citi
Platform
Mobile
Sustainability
wellness
country
Rapido in midst of 500-city expansion; mobility opportunity offers strong upside: Cofounder P Guntupalli
Rapido is in the midst of a 500-city expansion this year in India, a market where «vastness and depth» of mobility opportunity offers a high-growth upside, according to cofounder Pavan Guntupalli. On whether the company is eyeing an IPO in the near term, Guntupalli told PTI that Rapido is clocking healthy growth, is well capitalised and «will take a call depending on situation». The focus, for now, is on growth, he asserts. The commute app, which offers about 33 lakh rides every single day on its auto, bike taxi, and cab services expects to grow «sustainably».
09.03 / 07:55
markets
COST
wellness
Healthcare
President
medicines
Pharmaceuticals
US tariff imposition to hit pharma segment; auto sector likely to face minimal impact
The automobile sector, on the other hand, is expected to have a very minimal impact owing to the US being a small export market. Terming India as a very high tariff nation, US President Donald Trump has said that reciprocal tariffs on countries that impose levies on American goods will kick in on April 2.
09.03 / 06:23
Boxing
wellness
film
Actor
innovations
stars
'No independent producers, no new stars, fake BO numbers': Why Vivek Agnihotri is rejoicing over a 'falling' Bollywood
Vivek Agnihotri is rather disillusioned with current Bollywood. Taking to X on Saturday, the ‘Kashmir Files’ director went on an extensive rant against the sore lack of independent producers and new actors in the industry who are hungry to tell a story and eager to take risks and experiment. He also added that directors who are enthusiastic about making good content have moved on to OTT. “Today, Bollywood has hardly any independent producers. No new producers. No fresh ideas. No innovative distribution or marketing strategies. A few years ago, there were a dozen studios — now just two or three remain, and they too are monopolistic and here for reasons other than filmmaking. The passion for cinema has been replaced by corporate greed and agenda-driven content,” he wrote. He elaborated on the challenges confronting the film industry, emphasizing that its very survival hinges on the presence of bankable star-actors. However, he lamented that there is an alarming dearth of promising new talent. When filmmakers seek to cast actors between the ages of 21 and 35, they find themselves at a loss—both male and female actors in this bracket are scarce.
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