The Confederation of Indian Industry (CII) has proposed measures for the 2025-26 Union Budget to boost employment, including a National Employment Policy, labour code implementation, and increased female workforce participation.
Sunil Gavaskar criticized the SCG pitch and said it was not ideal for a Test match. Gautam Gambhir praised the wicket for being spicy and result-oriented. The first three days saw bowlers dominate the match with many dismissals. Gavaskar also noted that other countries would criticize such a pitch if it was in India.
With the current market scenario, analyst Rahul Ghose, Founder of Hedged.in interacted with ET Markets regarding the outlook on Nifty and Bank Nifty and an index strategy for the upcoming week. Following are the edited excerpts from his chat:
Sunil Gavaskar expressed his displeasure about not being invited to present the Border-Gavaskar Trophy, despite being present at the venue. Australia won the trophy after defeating India in the fifth and final Test of the series. The trophy was named after him and Allan Border. Gavaskar said he would have been happy to present the trophy with Border.
About 200 passengers on a Delhi-Pune Air India Express flight faced a 10-hour delay. They were stuck in the aircraft for over seven hours, citing fog issues. After deboarding and going through security checks again, they boarded the same aircraft. Operations were affected by fog, causing further delays in Pune. Passengers experienced inconvenience due to insufficient facilities.
India head coach Gautam Gambhir criticized Australian player Sam Konstas for his confrontation with Jasprit Bumrah during the fifth Test, insisting the 19-year-old had no right to engage with the Indian captain. Gambhir urged Konstas to learn from this experience for future matches.
An investigation by a US Senate panel has found that troubled investment bank Credit Suisse concealed information during previous inquiries into Nazi-controlled bank accounts during World War II. Tens of thousands of documents discovered during an ongoing examination have provided new proof of the existence of account holders linked to the Nazis, the Senate Budget Committee said in a statement released Saturday.
"FPIs are likely to continue selling as long as the dollar remains strong and US bond yields offer attractive returns. The dollar index at around 109 and the 10-year bond yield above 4.5 per cent are significant deterrents to FPI flows," V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said.
One of the reasons could be that a number of companies have opted for a price hike in the December quarter due to rising costs of input items such as copra, vegetable oil, and palm oil.
Delhi Meerut Rapid Rail: Prime Minister Narendra Modi will inaugurate the Delhi section of the rapid rail on January 5th. This stretch includes stations at Anand Vihar and New Ashok Nagar. The operational length will increase to 55km. Anand Vihar will become a major transit hub. Trial runs began in October. Future expansions are planned.
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The DPDP Act and the draft rules are structured to adapt to rapid advancements in digital technologies, it added. The Data Protection Board, envisioned as a fully digital entity, will enable citizens to lodge complaints and resolve disputes online without the need for physical presence.
China has announced 15 measures to enhance the western provinces' development, including building logistical infrastructure like ports and aviation hubs. This initiative aims to improve integration of rail, air, river, and sea links in cities such as Chengdu, Chongqing, and Xi'an. Efforts also focus on bonded zones and stronger connections to Europe and South Asia.
Four Naxalites and a District Reserve Guard head constable were killed in an encounter in Chhattisgarh's Bastar region during a joint anti-Naxalite operation by the DRG and Special Task Force. Automatic weapons were also recovered. The Chief Minister vowed to continue the fight against Naxalism.
Telugu actor Allu Arjun, accused in a case related to a woman's death during the Pushpa 2 premiere stampede, appeared before police as per his bail conditions. He must report weekly and follow court restrictions until the case resolves or the charge sheet is filed.
Not only at the individual stock level, but also at the index level, using the PE ratio as the anchor for your investing decisions is best avoided. Consider this: At the end of calendar year 2020, the price to earning (PE) ratio of Nifty was at 37; today it is just above 22. So, the question is: Were stocks expensive at the end of 2020; and are they cheap today? Here’s another example: Twelve years back, the stock of an MNC company was quoting at a PE multiple of 44 at a time the Nifty’s PE was at 25. Читать дальше...
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Foreign Portfolio Investors sold Rs 4,285 crore worth of Indian equities in the first three days of January. This contrasts with December 2024 when they were net buyers. FIIs have been cautious due to high valuations in the secondary market but active investors in the primary market. The dollar's strength and US bond yields influence their actions.
Jio Star, a merger between Star India and Viacom18, has announced 83 channel packs, increasing prices by 18%. The packs include SD, HD and FTA channels. They offer channels across various genres and regional languages. Competitors like Sony and Zee have also raised prices. Final rates will be negotiated with distributors.
Early morning visibility at the Srinagar airport was 50 metres, which has affected the air traffic. All airlines have pushed their flights after 10 am, an Airports Authority of India official said.
The profound and sustained challenge to auto industry economics will force cost cutting, mergers — and all the political wrangling, labor unrest and trade friction this entails. The future has started already.
Indian-origin tech firms secured 24,766 of 1.3 lakh H-1B visas issued in April-September 2024, with Infosys (8,140), TCS (5,274), and HCL America (2,953) leading. Amazon topped with 9,265 visas. The H-1B programme remains vital for US tech, though regulatory changes loom. Elon Musk and Donald Trump offered contrasting views on the programme’s future.
OYO's new check-in policy in Meerut requires couples to present valid proof of relationship, targeting unmarried couples. Partner hotels can decline bookings based on local social sensibilities. This move, aimed at promoting safe hospitality, may expand to other cities based on feedback and civil petitions.
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