Moving beyond exams: Indian education system needs to focus on innovation
The key to future success is innovation, critical thinking, experimentation and the willingness to fail and learn from failings. These stand in direct opposition to the examination track and field as things mostly stand now in the Indian education arena. Along with celebrating those who score the most, India must devise an education system that can reward understanding and the ability to translate that understanding into knowledge. Key Points
The Economic TimesSectoral tailwinds and stronger balance sheets: 5 largecap stocks with right mix of two important ratios
There are some sectors where large players have an edge, because the nature of the business is such that there are phases where ability to stay in the game and cash on the balance sheet matter most. When the tide turns in favor of that sector, these large companies are able to make most of it. One sector which has gone through a phase of realignment of business and readjustment of valuations for many years and has once again come in limelight is the pharma space. Right from ability to deal with USFDA, not rely just on product segment to how to deal with uncertainty of supply chain which is dependent on China, Indian pharma companies have come a long way. Key Points
Economic TimesWith this WhatsApp feature, extract image right from text. Details here
The ability is being rolled out via WhatsApp for iOS 23.5.77 update. Key Points
Hindustan TimesTwo US Navy sailors reported missing off coast of Somalia during operation
Two U.S. navy sailors are missing at sea off the coast of Somalia. The U.S. Central Command reported the incident and stated that the sailors were conducting operations in the U.S. 5th Fleet area. The missing personnel will not be identified until the recovery operation is complete. The area of operations includes the Arabian Gulf, Red Sea, Gulf of Oman, Gulf of Aden, Arabian Sea, and parts of the Indian Ocean. Recent strikes were conducted to degrade the Houthi movement's ability to attack maritime vessels. Key Points
Economic TimesX to get rid of ability to block accounts: Elon Musk
Twitter, now called X, will remove the ability to block accounts, according to owner Elon Musk. Blocking will still be possible for direct messages. Key Points
Hindustan Times
GDP growth in most countries neither sustainable, not inclusive: WEF study
A new report by the World Economic Forum has suggested that most economies are growing in ways that are neither sustainable nor inclusive, and are limited in their ability to absorb or generate innovation. The report, called the Future of Growth Report, calls for a new approach to economic growth that balances efficiency with long-term sustainability and equity, examining speed and quality together. Key Points
Economic TimesTime to be contrarian? These 6 bank stocks can give over 18% returns
While the bank nifty might be facing pressure in today’s trading session, it is because of the three private banks with high weightage in the indices witnessing selling pressure.For contrarian and short term traders there might be an opportunity given the fact that it has been witnessed that such moves are followed by short covering sooner or later. But again this probably is trade for high risk traders or investors who have the ability to take a stand against market narrative. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members. Key Points
Economic TimesIndia hosting G20 presidency and the ICC Men’s World Cup helped boost domestic tourism in 2023: Radisson Hotel
K.B. Kachru, Chairman Emeritus & Principal Advisor, Radisson Hotel Group, South Asia, highlights the prominence of domestic tourism, driven by heightened interest in exploring one's own country, supported by government initiatives and further boosted by India hosting the G20 presidency and the ICC Men’s World Cup 2023 Key Points
Business TodayCareer Wrap: The evolution of hiring and firing in 2023 and beyond
2023 job market was extremely dynamic - the domestic tailwinds slowed marginally by global headwinds created an interesting environment for both HR heads and job seekers. The year witnessed a paradigm shift with strong ‘back to office signals from tech giants and polarized debates around work hours per week. Key Points
Economic TimesHSBC hires UBS's Gautam Anand for role serving India's rich diaspora
“Our strategy is grow Singapore as an international wealth hub as part of our ambition to be Asias leading wealth manager,” Tommy Leung, the banks head of private banking for South Asia, said in the memo. Anands appointment will support the banks ability to serve clients across markets, said Leung, who joined the bank earlier this year also from UBS. Key Points
Economic Times
For all times: 5 largecap stocks from different sectors with upside potential of up to 31%
Whether it is the bullish or bearish phase of the markets, it always pays to stay with a better quality of balance sheet and in companies which have the ability to withstand the slowdown which every economy faces at different points of time. Especially when valuations are not cheap by any standard, it would be good to stay with large caps if one is thinking of increasing exposure to equity. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market. Key Points
Economic TimesTime to be selective? 6 largecap stocks from different sectors with upside potential of up to 33%
While some of the headwinds which Indian markets have been facing might have receded, some of the risks which are specific to India are still very much there. One being the state election result and second one being valuation being at a very high level. In such conditions, it would still be better to stay focussed on large caps as they have more ability to weather the storms which come unannounced. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists stocks which fulfill the various criteria as specified into the algorithms & filters to find those which might help navigate the stock market. Key Points
Economic TimesWorld Cup 2023: Afghanistan can spring England upset, says coach Trott
Despite being at the bottom of the World Cup standings, Afghanistan's coach, Jonathan Trott, believes that his team has the ability to upset defending champions England in their upcoming match. Trott stated that Afghanistan has shown fight in previous matches and just needs to cross the finish line. The gulf in quality between the two sides has reduced since their last encounter, giving Trott optimism for the game. Key Points
Economic TimesRockwell Automation misses quarterly forecasts on shipping delays
Rockwell Automation (ROK.N) on Tuesday reported third-quarter sales and profit below expectations after shipping delays impacted its ability to get goods to customers. Key Points
ReutersWhatsApp launches two new features for groups, here are all the details
With the upcoming update, the company wants to give admins more control over their group privacy. It will give them the ability to decide who is able to join a group. Key Points
India Today
WhatsApp users on iOS can now post voice notes as status updates
WhatsApp is rolling out a feature that will let iOS users set voice notes as their status. Here's how to use the new feature. Key Points
The Indian Express