Mobile number porting: 7-day wait after SIM swap from July 1
Earlier, there was 10-day waiting period after SIM swap or replacement. There will be a seven-day waiting period after the SIM swap or replacement for a... Key Points
The Tribune IndiaVolatility never gives notice before coming: 5 largecap stocks from different sectors with upside potentia
It is after a long period of time, that one can see corrections not in absolute terms but also the fact that when global markets are rising Indian markets have not been able to move higher. Once again on wednesday, there was minor intraday up move in nifty, but the mid cap continued to stay under pressure. Being the last month of the financial year, liquidity during this period tends to be tight. So there's a chance that the midcap segment which is sitting on gains is likely to stay under pressure for some more time. In such times, there is no full proof way, but putting some filter would help at least in avoiding some mistakes. So, staying with the large caps segment, in that too staying with some segment sectors where the tailwind of either policy push or any other would be a better choice. We look at the stocks which have seen an improvement in analysts in the last one month which has been a volatile period for the market. Key Points
Economic TimesShares worth $21 billion to enter market in 4 months as IPO lock-in period expires for 66 companies
66 companies are set to see the lock-in period for pre-listing shareholders lifted between March 4 and June 29. This amounts to $21.1 billion in value terms. The value pertains to the total lock-up opening shares, but not all the shares may be sold, as a sizable portion is also held by promoters and group entities Key Points
Economic TimesBihar's Chirand has a 4000-year history. It's the 'rising sun' of India's Neolithic culture
Today, Chirand is rapidly being consumed by the Ganga. But fresh excavations have opened up a glorious chapter of the history of eastern India, leaving us waiting for more data. Key Points
ThePrintWhat Are ‘Missed period Pills,’ and How Do They Work?
Menstrual regulation—sometimes referred to as “missed period pills"—is a new front in women's battle for bodily autonomy. Here's how it works and what you need to know. Key Points
WIRED
What Are ‘Missed period Pills,’ and How Do They Work?
Menstrual regulation—sometimes referred to as “missed period pills"—is a new front in women's battle for bodily autonomy. Here's how it works and what you need to know. Key Points
WIREDMumbai airport records 33 pc growth in passenger traffic in Sep quarter
Mumbai, Oct 16 (PTI) Mumbai’s Chhatrapati Shivaji Maharaj International Airport (CSMIA) on Monday said its passenger traffic grew 33 per cent to 1.27 crore in the September quarter. CSMIA had recorded a total passenger volume of 96 lakh for the year-ago period, it said. Compared to the pre-pandemic period (Q3CY2019), the growth in traffic was […] Key Points
ThePrintMumbai airport records 33% growth in passenger traffic in Sep quarter
The airport during the period under review, witnessed 60,861 domestic air traffic movements (ATMs) and 20,438 international ATMs. It also said during the July-September period, August, which saw two long weekends, emerged as the busiest month with 43,29,749 passengers. Delhi, Bengaluru, and Chennai emerged as the top domestic destinations for CSMIA, while Dubai, London, and Abu Dhabi have continued to hold their status as the most preferred international destinations, the airport operator said. Key Points
Economic TimesHow I manage my period, feminine hygiene as wildlife photographer
Managing your period at work is tougher when your job is wildlife photography. Erin Ranney says her period kit and conversations about feminine health are vital. Key Points
Insider106 pc rise in foreign tourist arrivals in India in 2023 for Jan-Jun period
The number of foreign tourists visiting India in the first half of this year has increased by 106% compared to the same period in 2022, according to official sources. India has been making efforts to boost tourism, both domestic and international, after the impact of the COVID-19 pandemic. Key Points
Economic Times
Serving your notice period gracefully can land you a better job opportunity
Resigning from your job does not mean you can slack off during your notice period. In fact, it is important to maintain productivity levels, show gratitude towards your employer and inform colleagues and clients. It is also crucial not to take any company belongings and not to brag about your new job. Instead, finish your tasks on time and help the person taking your position understand their duties. Key Points
Economic TimesGenelia Deshmukh and Manav Kaul's 'Trial Period' movie review
Trial period has some nice moments but it takes the route of predictability. It's not a bad thing if you know how a film will end (inserts quote about how journey is more important than the destination). Not this time Key Points
FirstpostWaiting for your probation period to get over? This factor is a make or break deal
Probation period is a phase of trial with new employees where they are helped and tested by the organisation. For employees, it's a chance to understand the company's culture and policies and build relationships with colleagues and seniors. During this period, employees should observe, learn, follow and repeat, be enthusiastic, approachable and social; create opportunities; journal their progress and ask for feedback. Key Points
Economic TimesHigh five! These 5 sectors gave double-digit returns in H12023
Real estate and manufacturing sectors outperformed cyclical sectors in the first half of 2023 in India. The realty sector registered about 20% returns in January-June 2023, against negative results of 19% in the same period last year, with the residential segment recording significant sales and sales launches during the same period. The S&P BSE Capital Goods index rose 20% from June 2022, riding on the governments focus on infrastructure and local manufacturing. Meanwhile, the power and oil and gas sectors saw almost no gains as the S&P BSE Power index dipped by 9%, while the S&P BSE Oil and Gas index saw a fall of over 10%. Key Points
Economic TimesICICI Bank Q4 consolidated net jumps 27 pc to Rs 9,852.7 cr
The share of gross non-performing assets in the overall loans was 2.81 per cent as of March 31, 2023, which is an improvement from 3.60 per cent in the year-ago period and 3.07 per cent in the quarter-ago period. Key Points
Financialexpress
Vivek Agnihotri tweets against period show cliches, but doesn't name Jubilee
Filmmaker Vivek Agnihotri is tweeting about the overused elements one sees in period pieces. He did not mention which show he was talking about. | Bollywood Key Points
Hindustan TimesShould you book profit in certain pockets of market? This is what Prateek Agarwal has to say
Prateek Agarwal discusses the period of mid 20s growth in index earnings and advises looking at that period for knowledge. He mentions the structural shift in the equity market due to increasing per capita income. He also talks about the potential improvement in valuations of PSU stocks. Regarding Paytm, he highlights the lesson of avoiding businesses with strong regulatory oversight. Prateek shares his thoughts on the private banking space and the impact of interest rates on bank NIMs. He suggests booking profits in overheated sectors like railways, defence, and real estate due to over-exuberance. Key Points
Economic TimesVehicle registrations hit a festive record
Retail sales, indicated by vehicle registrations, surged by nearly 19% to a record 3.8 million units during the festive season, reflecting strong consumer demand. Federation of Automobile Dealers Association (FADA) data reveals 3,793,584 vehicles registered between Navratri and Bhai Dooj, a 19% increase from the 2022 period. Sales growth was 21% in two-wheelers, 41% in three-wheelers, 8% in commercial vehicles and 10% in passenger vehicles. Key Points
Economic TimesDGCA proposes to limit pilot work hours to tackle fatigue
India's civil aviation regulator, DGCA, is proposing significant changes to pilot regulations to ensure better rest and restrict night flight hours. Airlines will now be required to submit a quarterly report on pilot fatigue. The move comes in response to numerous complaints from pilots who feel stretched due to airlines exploiting lax regulations. DGCA's proposed rules include reducing the maximum flight duty period for nighttime pilots to 10 hours, with a maximum of two landings Key Points
Economic TimesHDFC Bank Q4 update: Advances jump 17% to Rs 16 lakh crore, deposits up 21%
According to the fourth quarter business update released by the bank, corporate and other wholesale loans jumped 12.5% in the period ending March 2023. Key Points
Economic Times
Road construction down by 12.1% to 1288 km in the current financial year up to May 2024
As per the monthly update, released the ministry of road transport and highways (MoRTH) on Wednesday, the capital expenditure incurred during the period stood at Rs 57,925 crore till May 2024, which is 42.5% of the capital outlay under the vote on account provision for the first five months of 2024- 25. Key Points
Economic TimesICICI Bank, Adani Enterprises among consistent wealth creators
Noteworthy wealth creators in this period include Reliance Industries, TCS, ICICI Bank, Infosys and Bharti Airtel. Lloyds Metals emerged as the fastest wealth creator with the stock returning 79% on a compounded basis in this period. Key Points
Economic TimesIndia's coal imports drop over 4% to 148MT in April-October period
India Business News: India's coal imports dropped 4.2 per cent to 148.13 Million Tonnes (MT) in the April-October period of the ongoing financial year. The country's coal Key Points
Times Of IndiaMaruti car buyers face up to 10-month waiting period| Details
The Maruti models delayed for more than three months range from the WagonR to the Eeco, Ertiga, and Brezza. WagonR has a four-month waiting period. Key Points
Hindustan TimesOberoi Hotels Q3 profit zooms 55% to Rs 230 crore
India Business News: Oberoi Hotels parent EIH reports one of its highest quarterly profits in Q3 of fiscal year 2023-2024. Consolidated revenue up 27.6% over same period last fiscal. Key Points
Times Of India
India's April-December fiscal deficit at ₹9.82 lakh crore, 55% of FY24 target
Total expenditure during the period was 30.54 trillion rupees, or about 68% of the annual goal, compared with 28.18 trillion rupees in the same period last year Key Points
mintReliance Jio Q2 Results: Net profit rises 4% QoQ to Rs 5,058 crore
The profit figure was marginally higher than the ET Now Poll estimate of Rs 5,038 crore. On a year-on-year (YoY) basis, profit jumped 12%, while revenues increased 10% in the July-September period. Key Points
Economic TimesIndia's imports from Russia rise to USD 41.56 billion in April-Feb period
On the export front, the US emerged as the top destination for Indian exporters during the 11-month period, accounting for 17.5 per cent of the country's total outbound shipments. Exports to the US increased to USD 70.99 billion as against USD 68.447 billion during April-February period of 2021-22. Key Points
Economic Times1 in 4 Indians faced cyber threat in January-March period: Report
Cyber criminals exploited the vulnerabilities in the browsers and their plugins. Nearly one in four Indians faced hacking attacks in the first quarter... Key Points
The Tribune IndiaWhite Paper hiding 'dark truths' of country: Congress' Venugopal
The Congress party has criticised the Indian government's White Paper on the economy, accusing it of hiding dark truths and diverting attention from pressing issues such as unemployment, inflation, and the state of the economy. Congress leader K C Venugopal also questioned the absence of mention of demonetisation and other critical factors in the White Paper. Key Points
Economic TimesDirect tax collections up 16 pc at Rs 6.53 lakh crore so far in 2023-24
New Delhi [India], August 11 (ANI): Direct tax collections so far in 2023-24 have seen steady growth with total mop-up at Rs 6.53 lakh crore, a 15.73 per cent increase over the amount received in the same period last financial year. Direct Tax collection, net of refunds, stands at Rs. 5.84 lakh crore, which is […] Key Points
ThePrintBalasore train accident: 3 accused railway officials sent to judicial custody
The special court had granted five-day remand of the accused to the CBI, which is investigating the case, on July 7. Later, on July 11, the court had extended the remand period for four more days at the request of the investigating agency. Key Points
Economic TimesDrug pricing regulator looking to make vital health supplements more affordable
The National Pharmaceutical Pricing Authority (NPPA) proposes to invoke extraordinary powers in public interest, under para 19 of Drugs Prices Control Order (DPCO) 2013, for an indefinite period to make them more affordable to patients, it has said. The NPPA has been invoking para 19 in certain cases in the public interest to make drugs affordable with indefinite period, said the minutes of the authority meeting. ET has seen the minutes of the meeting. Key Points
Economic TimesEducation loan moratorium can hike Rs7.5 lakh loan to over Rs 10lakh even before EMI repayment starts: Be
While education loan may help you achieve dream education however it comes with a cost in terms of interest payment. The mechanism of interest payment differs among the lenders. The type of education loan you opt for and how you utilise your moratorium period, will decide how much repayment burden you will have when you start paying EMI. Key Points
Economic TimesReady for another round of outperformance? 4 tile and ceramic product maker stocks with upside potential o
Like many industries, home building products like ceramic tiles got a sharp re-rating in the last couple of years. Any company with a strong brand got to valuations which were much higher than average valuation they got in years. As it happens, when valuations reach an extreme high zone, self correction sets in. Stocks move in a broad range, they tend to under perform in a bullish market, but at the time in a bearish market they outperform by falling less as compared to another. Essentially, they witness a time wise correction for a period where earnings reach a level that their valuations become normal. After becoming normal, the probability of another round of strong upward movement increases. Key Points
Economic Times
Don’t see discount levels for smaller cars going up from the levels now: Shashank Srivastava, Maruti Suzuk
Shashank Srivastava of Maruti Suzuki India predicts that over one million vehicles will be sold during the festive season, accounting for around 23-26% of the annual sales. While the inventory level is high, Srivastava believes it will decrease after the festive season. He also mentions potential challenges such as inflation and higher interest rates that could affect sales in 2024. Key Points
Economic TimesGovernment extends Atal Beemit Vyakti Kalyan Yojana for two years
“It has been decided to extend the Atal Beemit Vyakti Kalyan Yojana for the period 01.07.2022 to 30.06.2024 with the relaxed eligibility conditions and enhanced rate of relief,” the ministry of labour and employment said in a gazette notification. Key Points
Economic TimesHaryana pension scam: Persons required to look into social justice washed hands off responsibilities, says HC
The HC bench of justice Vinod S Bhardwaj said that despite a lapse of more than 10 years, the authorities have recovered only ₹4.58 crore against the total outstanding of ₹15 crore. The principal secretary of the department has failed to give any reasons as to why the balance amount could not be recovered even though a period of more than 10 years has elapsed, the court observed Key Points
Hindustan TimesDebadatta Chand to take charge of BoB, Rajneesh Karnatak appointed Bank of India MD & CEO
The central government has appointed Debadatta Chand as the Managing Director & Chief Executive Officer of the Bank of Baroda for a period of three years, as per a Finance Ministry notification. Meanwhile, Rajneesh Karnatak will take the reins of the Bank of India. Key Points
Economic TimesFestive season demand fuels automobile retail sales to record high: FADA
Fueled by robust demand, India's automotive retail sales hit a record during the festive season, with overall sales surging 19% YoY. Passenger vehicle retail sales increased by 10%. Inventory levels for passenger vehicles remain a concern. Two-wheeler registrations rose 21% while three-wheeler registrations saw a 41% increase. Tractor sales experienced a slight decline. Key Points
Economic Times
Mahindra XUV700 will now be available in 40 weeks, as waiting period reduced
Mahindra has reduced the waiting period for its XUV700 SUV in Bengaluru to a maximum of 40 weeks, down from 48 weeks. The vehicle is priced from Rs. 14.01 lakh in India and has received over 78,000 bookings. Key Points
mint8 capital goods & insurance stocks that can be wealth creators: Sanjiv Bhasin
“In the capital goods space, Cummins, Thermax, Bharat Forge and L&T are four of the choicest names. You can add an ABB. Three insurance names – SBI Life, ICICI Pru, and HDFC Life – in tandem could be very good wealth creators over a period of time and this distribution channel, particularly brokers, exchanges, insurance and the AMCs are a very good long-term bet.” Key Points
Economic TimesAir India pilot, co-pilot face DGCA action for allowing friend in cockpit
The first officer did not raise any concern about the unauthorised entry. Based on DGCA's investigation the following actions have been taken; (1) the pilot license of the PIC has been suspended for a period of one year & (2) The pilot License of the First Officer has been suspended for a period of one month for not being assertive in preventing and non-reporting of the violation, ANI quoted DGCA as saying. Key Points
Economic TimesPitru Paksha 2024: Date, timing, history, significance and all you need to know about Shradha
Pitru Paksha, lasting 16 lunar days in Ashwin, is a Hindu period for honouring ancestors. In 2024, it starts on September 17 and ends on October 2. Key Points
Hindustan TimesA ‘warm ice age’ may have permanently changed Earth’s climate cycles
In about every 100,000 years, the Earth shifted between distinct glacial (ice age) and warm periods. But that only started about 700,000 years ago. Key Points
The Indian Express
ICICI Bank Q4 consolidated net jumps 27% to ₹9,852.7 cr
Private lender ICICI Bank on April 22 reported a 27.64% jump in consolidated net profit to ₹9,852.70 crore for the January-March quarter of 2022-23 compared to the year-ago period. Key Points
The Hindu