India to push for creation of Artificial Intelligence-based portal at G20
“An international body such as the UNCTAD could house it”, a senior government official said. The discussions are at initial stages but the attempt is to push for tangible outcomes that can provide some solution, the official added. It will attempt to push some of these issues at the upcoming meeting of the Trade and Investment Working Group, to be held in June Kewadiya in Gujarat. Key Points
Economic TimesNeeraj Chopra creates history, wins India's first gold at the World Athletics Championships
Chopra final throw was of 88.17 metre, while Pakistan's Arshad Nadeem and Czech Republic's Jakub Vadlejch bagged silver and bronze with throws of 87.82 and 86.67 metre respectively. Key Points
ThePrintWatch: Neeraj Chopra's come-from-behind throw that won him 3rd Diamond League
Neeraj did not have the ideal beginning to his campaign in Lausanne as his first attempt was a foul throw. However, from there he made a stunning recovery. Key Points
Hindustan Times'Vacate shops' posters in Uttarakhand market after 'love jihad' allegations by Hindu outfit
Posters asking several shop owners to vacate their shops were seen on shutters in Uttarkashi's Purola. The police said they have begun an investigation into the case. The development came against the backdrop of a minor's abduction attempt and protests that followed. Key Points
India TodayFor times when bears attempt a comeback! 7 largecap stocks from with right mix of RoE & RoCE
Monday’s trading session will start with the global market reacting to the development which took place in the middle east over the weekend. Both equity and commodities, especially oil prices will react. Given that valuations are not very cheap and we are close to the second quarter earning season getting started, it would be better that one should wait for some time before taking any decision, both to buy or sell. Also over the next couple of days if one is buying it would be better to stick to large cap stocks that too with more checks and balances put in place. Key Points
Economic Times
Will the dragon finally come and perform this time? 5 metal stocks for tactical investing
While they cannot be called half hearted attempts, the fact is the Chinese government's attempt to revive economic growth through sale of special bonds, allowing selective concession for sectors like real estate, cutting CRR for some category banks did not pay the way the Chinese government had expected. So, finally, the Chinese central bank decided to cut the rate this week once again. Now this is not the first time that they have made an attempt, probably a fourth monetary stimulus attempt. The question is whether this time will have an impact, first signs would come from commodity markets. The good part is the Indian metal companies are better prepared to take the advantage of opportunity this time as compared to the past. Key Points
Economic TimesUS lunar mission’s landing attempt next week
Florida: Another private US company (Intuitive Machines) took a shot at the moon on Thursday, launching a month after SpaceX’s Falcon rocket missed... Key Points
The Tribune IndiaDaily brief: On Chandrayaan 3, Mamata Banerjee's ‘ISRO belongs to India’ jibe
Here are today’s top news, analysis, and opinion. Know all about the latest news and other news updates from Hindustan Times. | Latest News India Key Points
Hindustan TimesTroops stop mob from looting arms from security camp in Manipur, 1 killed
The Indian Army, in a statement, said the mob laid road blocks to prevent the movement of troops. However, the Assam Rifles and the Rapid Action Force soon controlled the situation. Key Points
India TodayUPSC results: At over one-third, women record their highest share ever, take top four ranks too
Over one-third of the 933 candidates (320) recommended for appointment are women. This is significant considering that just two decades ago, women accounted for just 20% of the selected candidates. Key Points
The Indian Express
What to know about India's Chandrayaan-3 moon landing mission
The Indian Space Research Agency (ISRO) is closing in on an attempt to land a spacecraft on the moon's south pole. Here are key facts about the Chandrayaan-3 mission. Key Points
The Tribune IndiaJoe Biden admn created atmosphere for attack on Donald Trump, alleges Russia
The Kremlin said on Sunday it did not believe the US administration was responsible for Saturday’s assassination attempt on US presidential candidate... Key Points
The Tribune IndiaWorld leaders slam assassination bid on Slovak PM; Modi ‘deeply shocked’
World leaders have condemned the assassination attempt on Slovakian Prime Minister Robert Fico, who was critically wounded after being shot multiple times... Key Points
The Tribune IndiaLong jumper Jeswin Aldrin finishes 13th in World Indoor Championships
Jeswin Aldrin, who was world leader for a few months in 2023 with his 8.42m jump, cleared 7.69m in his first attempt but fouled the next two. Key Points
Hindustan TimesFirst US lunar lander in five decades blasts off on private mission
A new era in lunar exploration begins as the United Launch Alliance's Vulcan Centaur, a private industry-led initiative, successfully launched from Cape Canaveral Space Force Station. The mission, carrying Astrobotic's Peregrine Lunar Lander, aims to be the first American spacecraft to attempt a lunar landing in over half a century. Key Points
Economic TimesOil prices rise over $1 on Middle East tensions
By Robert Harvey and Noah Browning LONDON (Reuters) -Oil prices rose over $1 on Friday as U.S. Secretary of State Antony Blinken prepared to visit the Middle East in an attempt to contain flaring Key Points
ThePrintNifty Financial Services stocks: Time to be contrarian and buy?
After a long phase of three years of consolidation and relative underperformance, there were some initial signs of the private sector banks making a comeback attempt. There have been reasons for their underperformance, right from mega merger which created a technical issue of overhang in shareholding, to changes in the top management. Also the fact that these stocks came in the over owned category of foreign institutional investors, who have been sellers time and again. Key Points
Economic TimesThese Nifty Financial Services stocks can deliver more than 15% returns
After a long phase of three years of consolidation and relative underperformance, there were some initial signs of the private sector banks making a comeback attempt. However the RBI decision to curb unsecured lending, made the sentiment turn against them. But only sentiment, in reality will it make a difference for their long term perspective is a matter of debate with answer titling in favour of NO. After today’s monetary policy one more risk is off the table Key Points
Economic TimesStock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 34%
After the last few weeks of correction, the broader market indices like nifty and sensex have been showing signs that bears will have to wait before they can make any serious attempt to control the street. However, recent RBI changes have impacted sectors like banks and financial services and if one looks at the overall composition of every index, when this sector gets impacted everything else gets impacted. That is probably the reason why indexes are moving in range bound mode today. These selected stocks depict a strong upward trajectory in their overall average score. This implies that there has been a significant improvement in their market outlook in the given time frame. Key Points
Economic TimesStock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 38%
After the last few weeks of correction, the broader market indices like nifty and sensex have been showing signs that bears will have to wait before they can make any serious attempt to control the street. Even the Samvat 2080 started with a bullish gap up opening in Sunday's special trading session. though it needs to be seen whether there is follow up in coming days. Being a truncated week of trading, volumes are likely to be low. So be cautious rather than being overtly bullish. These selected stocks depict a strong upward trajectory in their overall average score. This implies that there has been a significant improvement in their market outlook in the given time frame. Key Points
Economic Times
Medi Assist files DRHP with SEBI in second attempt to go public, issue entirely an OFS of 2.8 crore shares
According to the fresh DRHP, the initial public offering (IPO) is entirely an offer for sale of up to 2.8 crore equity shares of Medi Assist by promoters and existing shareholders. Key Points
mintSam Altman clarifies amid furore over 'India's ChatGPT attempt is hopeless' remark
Sam Altman, has sparked debate after calling India's attempt to create an AI tool like ChatGPT ‘hopeless’. He suggested it would be a challenging endeavour and that replicating ChatGPT would be impossible to challenge OpenAI. Altman later clarified that his comments had been taken out of context. Key Points
mintThese midcap stocks with ‘strong buy’ & ‘buy’ recos can rally over 25%, according to analysts
The strength of the ongoing rally in the market is clear from the fact that on days when the nifty is sliping southward, the nifty mid-cap index makes an attempt to move into green territory. A number of times is successful also. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or strong buy . This predefined screener is only available to ET Prime users. Key Points
Economic TimesSoft skills matter to telcos in 5G mode
Operators are broadening the skillset and being flexible while hiring employees in the 5G age with requirements like technology majors with a minor in design or engineers who have done a course in psychology, telecom executives and staffing firms said. This is an attempt to better sync the workforce with consumer and market demands and build more intuitive products and services. Key Points
Economic Times