Новости за 25.06.2024

Indian auto manufacturers are seizing the export opportunity in the electric vehicle (EV) market, driven by increasing demand for cleaner mobility in developed countries and government support. Companies like Maruti Suzuki and Hero MotoCorp are gearing up to export their EV models to Europe, leveraging India's frugal manufacturing capabilities. With India's production-linked incentive scheme and alignment with global standards, automakers aim to challenge Chinese dominance in the EV sector and establish India as an EV export hub.

We expect the Government to remain focussed on infra investment even during the third term. Since FY21, the government has focussed on building infrastructure with central government expenditure rising from 1.7% of GDP in FY21 to 3.3% of GDP in FY24.

A stock's Future & Options contracts enter the ban period when the open interest (OI) on it crosses 95% of the market-wide position limits or MWPL. The ban on it is reversed only if the open interest falls below 80%.

Google Cloud chief sees tech infra that govt wants to put together as an opportunity to work closely with India. He says so many Indian entrepreneurs are aspiring to build the next Google... ‘we are super supportive of it’.

Gurmeet Chadha says that the market is trying to position on the pre-Budget period. But there are very few pockets which give a lot of valuation comfort. So, we have to be very selective in terms of what we buy and ensure that we do not end up paying very unreasonable valuations in those pockets.

On the International Day for Women in Diplomacy, UNGA President Dennis Francis honored Hansa Mehta, an Indian feminist leader and diplomat, for her pivotal role in making the Universal Declaration of Human Rights (UDHR) more inclusive. Mehta successfully advocated changing "All men are born free and equal" to "All human beings are born free and equal" in the UDHR's Article 1, a landmark moment for women's rights.

SYS leader Mustafa Mundupara has sparked controversy in Kerala by advocating for a "separate Malabar state" during a protest about class 11 seat shortages in the region. Mundupara argued that both Southern Kerala and Malabar pay equal taxes and should receive equal facilities. The BJP condemned Mundupara's remarks, vowing to oppose any attempts to divide Kerala, while student organizations like KSU and Muslim League are demanding more class 11 seats in the Malabar region.

5G auction: India is gearing up for its latest 5G airwaves auction starting Tuesday, valued at over Rs 96,000 crore. Telecom giants like Reliance Jio, Bharti Airtel, and Vodafone Idea will compete for crucial radio frequencies essential for 5G services. The previous auction in August 2022 set a record with the government earning Rs 1.5 lakh crore.

Nilesh Shah says up to one year, he will recommend an arbitrage fund for a high taxpayer or debt funds, money market funds and short-term bond funds where one could have the limited benefit of a drop in interest rates. Between one to three years, one can go towards longer duration bond funds. Post-budget, one can also look at investment in precious metal.

Bangladesh's Rishad Hossain's three-wicket haul helped limit Afghanistan to 115/5 in their Super Eights clash at the T20 World Cup. Despite a solid start, Afghanistan struggled to accelerate their scoring rate, with Rahmanullah Gurbaz top-scoring with 43 runs.

Of the last seven trading sessions, in three trading sessions, nifty which opened with a gap or came under pressure after opening has been able to recover and ended the day in positive territory. It is a kind of rotational support coming in from different stocks and sectors. There are banks one day and then they take a back seat and industrials come to support. Is the distribution taking place or is it a kind of consolidation which is taking place and a strong directional move would emerge after the budget that needs to be seen. Читать дальше...

Major record labels Sony Music, Universal Music Group, and Warner Records sued AI companies Suno and Udio for mass copyright infringement in using recordings to train music-generating AI systems.

Arunachal Pradesh Chief Minister Pema Khandu expressed strong dissatisfaction with the slow progress on the NH-415 four-lane highway construction from Papu Nallah to Nirjuli. In a review meeting, Khandu highlighted the inconvenience caused to commuters and directed highway officials to expedite the work without compromising quality. He emphasized the importance of timely infrastructure projects for public benefit and state development.