Maya raises student suicides, blames ‘caste exploitation’
Government neglect, lack of rule of law and increasing caste exploitation are leading to increasing cases of suicide in higher educational institutes. The governments need to take urgent steps to check the trend, Maya said. Key Points
Hindustan TimesNot just green, white & blue too: Budget proposal on increasing output of oilseeds, milk & aquaculture pro
The Union Cabinet has approved continuation of the Animal Husbandry Infrastructure Development Fund (AHIDF) under Infrastructure Development Fund (IDF) with an outlay of ₹29,610.25 crore till 2025-26. India's aquaculture exports in 2023-24 were flat, after having grown in double digits during the last decade. Industry players say that focus on increasing productivity at the farm level will help improve its global competitiveness by reducing cost of production. Key Points
Economic TimesInvesting in Bharat: 3 stocks which benefit from government focus on increasing rural incomes
Somehow a narrative has been built that if one has to play on increasing rural income, it is either FMCG for two wheelers which are the stocks to look at. Yes it might have been true couple of decades back, but the fact is that in last couple of years there has been many companies which are focussed on purely on rural economy So, they sell their product on in that particular market and when there is boom in that part of the economy, the incremental addition to their margin is high. These companies form the part of the rural income chain. Both the companies which are focussed on increasing agriculture productivity and the non agriculture side of rural incomes have been in focus. Key Points
Economic TimesLong-term plays! 4 stocks which benefit from increasing rural income have upside scope of up to 31%
The government has been focussing on specific industries which don't come under the traditional definition of agriculture but still are very important for increasing the income of marginalised sections in coastal and rural areas. Right from an animal feed maker to an exporter of poultry products, a number of companies which are part of the rural economy are likely to be beneficiary as policy makers focus on increasing rural incomes. Key Points
Economic TimesPLA deployment not increasing day by day: Gen Anil Chauhan
They haven't gone back. So, there is a challenge actually, he added. The armed forces are taking all kinds of steps so that there is no untoward situation...We have been able to get back to all places except two: Demchok and Depsang. Negotiations are on, he said. Hopefully that will come about, we are hopeful of that, he added. Key Points
Economic Times
Beyond agri theme: 4 mid & smallcap stocks to play changing rural economic matrix
While a large part of India’s rural economy is about agriculture, in the last couple of years, there has been an effort on the policy level that other parts of the rural economy which are not agricultural related get the boost. So be it horticulture, animal husbandry and fishing all of them have been a push in one form or other to increase both productivity and income levels. From an investment perspective, there are few players which are listed as a large part of this is still with smaller players who operate on a regional basis. But as the overall market size grows the large players are increasing their presence. This is not to say that there are only opportunities and no challenges. The biggest being the fact that any change in the rural economy matrix is always time consuming, so companies need to have the ability to go through long cycles. Key Points
Economic TimesVerisign posts higher revenue on demand for domain-name registry
Internet services firm Verisign (VRSN.O) reported higher second-quarter revenue on Thursday on steady demand for its domain-name registry services and increasing reliance on internet infrastructure. Key Points
ReutersMaharashtra reports 50 new Covid cases; nine of them JN.1 infections
Of the fresh Covid cases in Maharashtra, nine were caused by JN.1, increasing the number of infections tied to the new sub-variant in the state to 10. Key Points
India TodaySmartphone sales to remain subdued this year: Experts
India’s smartphone market is expected to remain subdued in the current year. According to the industry, challenging economic conditions, increasing lifecycle of smartphones and stable 5G handset prices are the major reasons that would impact the sales. Key Points
The Tribune IndiaCan increasing heat exposure worsen health of diabetics?
New Delhi, August 7 increasing heat wave conditions due to climate change may be detrimental to the health of people with diabetes—about 537 million adults worldwide, according to a study. A team of endocrinologists and researchers from the University of... Key Points
The Tribuneincreasing daily steps by 3,000 can reduce blood pressure in older persons: Study
Washington [US], September 26 (ANI): A new study discovered that increasing exercise by 3,000 steps per day can significantly reduce high blood pressure in older persons. Pescatello worked in Duck-Chun Lee’s lab at Iowa State University with Elizabeth Lefferts, the paper’s primary author, and others. Show Full Article The findings were published in the Journal […] Key Points
ThePrintFMCG cos think small to make it big during polls
Consumer goods companies in India are increasing stocks of small packs of biscuits, bhujias, chips, packaged water, and beverages costing ₹5 and ₹10 each by up to 10% across the country, anticipating a short-term spurt in sales during rallies and meetings coinciding with the upcoming general election. Senior executives at several fast-moving consumer goods (FMCG) companies are bullish of robust sales of small packs of such food products till elections. Key Points
Economic TimesMotovolt Mobility bets big on newly launched e-scooters
Kolkata, Mar 6 (PTI) City-based Motovolt Mobility is betting big on sales of its newly launched e-scooters for both passenger and cargo transportation in the country, a top company official said. The multi-utility e-scooter, manufactured at its Taratola factory, was launched on Tuesday. Adoption of electric mobility is increasing in the country, CEO of Motovolt […] Key Points
ThePrintBudget 2024: Exporters body seeks global shipping line, extension of manufacturing sop till 2027
The Federation of Indian Export Organisations (FIEO) has urged the government to develop a global shipping line in partnership with the private sector and provide tax incentives for research and marketing activities in the upcoming Budget. It also suggests extending the sunset date for commencing manufacturing and increasing weighted tax deductions for R&D. Key Points
Economic TimesIndia, Russia discuss ₹-Ruble trade
EAM Jaishankar met Manturov on day two of his five-day visit to Russia on the eve of his meeting with his Russian counterpart Sergey Lavrov. The two ministers held wide-ranging discussions on measures to boost business and trade partnership including increasing Indian investments in Russia to meet growing demands across sectors in the backdrop of sanctions, it has been learnt. This was the second meeting between Manturov and Jaishankar this year. The Russian DPM had travelled to India earlier this year. Key Points
Economic Times
Good for all market conditions: 6 largecap stocks with right mix of RoE & RoCE
There is sunshine all around, better than expected GDP numbers, further decline in oil prices, falling US bond yields and clear indication from RBI that it is in no mood to increase interest rates any further. So while macros are bullish and could not get better, it is time to spend some time in understanding what stocks are you buying and why that stock at this point of time only. Also if one is thinking about increasing the exposure it would be better to stay with large caps as they would be able to weather any storm which might emerge due to any reason. Key Points
Economic TimesFor 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 TimesPiyush Goyal stresses on need to ensure open supply chains
With respect to the Global South, the first need is to identify global value chains, where each of the countries could focus on not only increasing their participation but also improving the quality of their participation by moving up the value chain, Goyal said at the second Voice of Global South Summit. He said this will help them to partake in the largest share of high value-added parts of the GVCs. Key Points
Economic TimesIsrael-Hamas war: Sensex up 600 points. Why bulls have made peace with war
The decline in the dollar index to 105.95 and the US 10-year bond yield falling to 4.65 from the recent high of 4.88 are positive developments for equity markets. Even though FIIs continue to sell in India, the intensity of selling is coming down. More importantly. DIIs are increasing their purchases, said Dr V K Vijayakumar of Geojit Financial Services. Key Points
Economic TimesLocal investors' share in listed companies falls with profit-booking
Domestic investors' shares in NSE listed companies declined to 25.50% of total equity value on June 30, after increasing for six quarters in a row, showed data from primeinfobase.com. Key Points
Economic Times
Chandigarh administrator writes to external affairs minister, seeks US consulate in city
Punjab governor and UT administrator Banwarilal Purohit has written a letter to Union external affairs minister S Jaishankar. He mentioned that an increasing number of people from Punjab are trotting the globe and also form a sizable segment of the Indian diaspora in the US. Key Points
Hindustan TimesThe UN needs structural reform to establish its relevance again
The United Nations' growing irrelevance is due to its political structure, which reflects the balance of power from 1945, and until this is fixed, the UN cannot reverse its course of increasing ineffectiveness. The UN system is attempting endogenous change, but it is highly likely that it will fail in these areas even if world leaders approve of the agenda. India must invest in creating alternative platforms for global governance, and if the G20 can become the nucleus of a new global high table over the next decade, we might not have to be overly concerned over the UN?s fate. Key Points
mintBanks should work towards banking the unbanked: MoS Finance
New Delhi [India], April 25 (ANI): Union Minister of State for Finance Bhagwat Karad on Monday asked bankers to focus on banking the unbanked, securing the unsecured and funding the unfunded. He was speaking at a review meeting on financial inclusion parameters of Western Maharashtra in Satara. The Minister called for increasing bank penetration in […] Key Points
ThePrintWorld has 28% risk of new Covid-like pandemic within 10 years: Airfinity
There is a 27.5% chance of another pandemic as deadly as Covid-19 occurring in the next 10 years due to viruses emerging more frequently, climate change, international travel and increasing populations. London-based Airfinity Ltd suggests that 100-day vaccine rollout can reduce fatalities and the likelihood of a new pandemic dropping to 8.1%. The mutation of a bird flu type virus could kill 15,000 people in the UK in a single day. Key Points
Economic Times