A shooting claimed multiple lives in a tiny Alaska whaling village. Here's what to know.
A shooting claimed multiple lives in a tiny Alaska whaling village. Here's what to know. Key Points
Hindustan TimesAditya-L1 solar probe nears Sun's outer reach, expected arrival on January 6: ISRO
India's Aditya-L1 solar spacecraft, nearing the Lagrangian (L1) point 1.5 million kilometers from Earth, marks a significant stride in space exploration. Isro chairman S Somanath anticipates its arrival on January 6, unveiling its pivotal role in studying the Sun's outer atmosphere, free from eclipses. Aditya-L1's engine firing will stabilize its position, allowing detailed solar event analysis. Isro's vision of an Indian space station further underscores India's ambitious space exploration endeavors. Key Points
Economic TimesIsrael's Check point says cyberattacks rising, sees higher profit
Israel has seen a jump in cyberattacks since the Oct. 7 raids by Hamas, but Check point Software Technologies (CHKP.O) has continued to operate as planned despite the ensuing war and expects higher annual profits than previously thought, it said on Monday. Key Points
ReutersIsro successfully launches Aditya L1 mission to unravel secrets of the Sun; Welfare of humanity, says PM Modi
The spacecraft lifted off from the Satish Dhawan Space Centre in Sriharikota, Andhra Pradesh, at 11.50 am IST. Key Points
Business TodayShiv Shakti vs Jawahar point: Naming of Chandrayaan-3 touchdown site sparks row
After Prime Minister Narendra Modi termed the lunar touchdown site of Chandrayaan 3 as 'Shiv Shakti Point', Congress leader Rashid Alvi, who opposed the name, was countered with 'Jawahar Point'. Meanwhile, BJP's national spokesperson Shehzad Poonawalla accused Congress of having an "anti-Hindu" stance. Key Points
India Today
Shiv Shakti point vs Jawahar point: 'Anti-Hindu' vs ‘Modi not owner of moon’
Congress leader Rashid Alvi said naming the touch down point as Shiv Shakti point is ridiculous. 'What about Jawahar Point?2 BJP countered. | Latest News India Key Points
Hindustan TimesMarkets to make a new high before end of this year: Pankaj Murarka
I think markets, after having consolidated over such a long period of time, are making fresh moves. I am not surprised by this move. And I think it is pretty much in line with India's strong fundamentals and strong earnings growth that we are witnessing in this earnings season. Key Points
Economic TimesLucknow University unveils ‘heritage point’ showcasing its rich history
Lucknow University has unveiled a "heritage point" at its zoology department, featuring bricks from the 19th century and a 100-year-old wooden log. The items mark the university's centenary year. The log, extracted from a mango tree on the campus, is also over a century old, according to scientists. A stone plaque next to the heritage point documents the university's historical progression. The university's vice chancellor inaugurated the heritage point, which aims to display the rich heritage of the institution to students. Key Points
Hindustan TimesTMC Rajya Sabha MP Derek O'Brien suspended for remainder of Parliament session ‘for unruly behaviour’
Following a heated exchange between Chairman Jagdeep Dhankhar and O’Brien, the latter was asked to leave the house. Leader of the House Piyush Goyal moved a motion for his suspension. Key Points
ThePrintAditya L1 mission: What will happen after spacecraft reaches destination on January 6?
The Aditya-L1 spacecraft will be injected into a large halo orbit around L1 point between the Sun and the Earth. Read details here. Key Points
mint
Deven Choksey on what he likes about Adani Ports, Torrent Pharma now
Deven Choksey discusses the positive trajectory of Adani Ports, Torrent Pharma's strategic growth approach, and Tata Consumer's market readiness. The evolving market dynamics favor strategic expansions and operational stability for these key players. Choksey further says that automobile ancillaries give a good amount of opportunity at this point of time. Key Points
Economic TimesBuy on dips? Go for these 4 defence and hotel stocks: Hemang Jani
Hemang Jani discusses opportunities in various sectors including defence, healthcare, and PSU banks. Recommendations include BEL, HAL in defence, and BOB, Canara, State Bank in PSU banks amid market corrections. He also says, Linde, which is a midcap stock and which has a very commendable story on green hydrogen and given the new investment that they have made in semiconductor, could be an interesting bet to look at. Key Points
Economic TimesEli Lilly extends tender offer to buy point Biopharma after low participation
Eli Lilly (LLY.N) on Friday extended the deadline for point Biopharma Global (PNT.O) shareholders by about two weeks to Dec. 1 to sell their stock, due to low participation. Key Points
ReutersAditya-L1 launch today: Check out time, place of lift off; where to watch
The propulsion module of the Aditya L1 mission will take around 125 days to cover nearly 1.5 million km from Earth to reach the Lagrangian point 1 near Sun. Key Points
Hindustan TimesZEROBASEONE's new mini album Melting point trends on social media
K-pop group ZEROBASEONE released their new mini album titled Melting point today and fans are in love with it's tracks. Get to know more about the album below. Key Points
Hindustan Times
Leap of faith: The obvious can be invaluable when it comes to achieving career goals
The authors' point is that when we want to go in for a transformation, we can liken the situation to a start-up. And the start-up in this case is ‘I’. Key Points
FinancialexpressRaymond eyes 20-25% growth in exports
Raymond Ltd., which is into lifestyle and real estate among others businesses, is eying up to 25% growth in exports, according to chairman and managing director, Gautam Hari Singhania. Key Points
The HinduThe Wembley point mystery: who was the woman who jumped to her death?
One October morning in 2004, a woman took the lift to the 21st floor of an office block in north-west London, bought a coffee in the cafe there – then opened a window and jumped out. No one knew who she was. Do they now? Key Points
the GuardianNo red flag in market but expect low teens returns: Siddharth Srivastava
Siddharth Srivastava, ETF Products & Fund Manager at Mirae Asset Investment Managers (India), advises caution in microcap and smallcap categories due to high valuations. He expects market consolidation until earnings justify current valuations. From an investment horizon point of view, we believe that whosoever is investing in smallcaps, be it BR fund or any other fund, he or she should now look at at least a four to six-year horizon. Key Points
Economic TimesKrejcikova and Ostapenko advance to Birmingham Classic semifinals
Krejcikova eased past fellow Czech Linda Fruhvirtova 6-3, 6-2. The 2021 French Open champion never faced a break point. | Tennis News Key Points
Hindustan Times
Fed still sees three rate cuts in 2024 amid sticky inflation, stronger economy
The Fed's new policy statement described inflation as remaining elevated, and updated quarterly economic projections showed the personal consumption expenditures price index excluding food and energy rising at a 2.6% rate by the end of the year, compared to 2.4% in the projections issued in December. Key Points
Economic TimesPut checks and balances: 5 midcap stocks from different sectors with potential upside of up to 34%
The movement of nifty and sensex needs to be delinked with what has happened in the last quarter and what might happen to mid-cap in the coming quarter. There is no way one can fight with liquidity, if it is going to mid caps and they are moving up irrespective of valuations or quality of stocks one cannot argue. But the only thing which as an investor one can do is to be careful when taking exposure to this segment of the market. Stay away from stocks where there is a narrative that this sector will do well because of XYZ reasons. At this point of time there is no dearth of tips floating in whatsapp group and telegram channels. But there is enough evidence in history to show that more than anything else, it is time to use checks and balances while making investment decisions. Key Points
Economic TimesExpect a deeper correction; not buying anything at this point of time: Dipan Mehta
Dipan Mehta predicts a tough earnings season with volatility and muted earnings for blue chip companies due to high expectations and the base effect. He advises trimming positions and not investing further at these levels. He expects a deeper market correction and suggests booking profits, especially in stocks with suspect fundamentals. Mehta believes that financials may face minor headwinds, but the longer-term positive trends in NBFCs and banks will not change. He advises waiting for earnings results before making investment decisions. Key Points
Economic TimesAditya-L1 spacecraft of ISRO to be placed in its final destination orbit today
India's ISRO is set to perform the final manoeuvre at 4 pm on Saturday to position the Aditya-L1 spacecraft, the country's first space-based solar observatory, into its designated orbit around Lagrange point 1 (L1) of the Sun-Earth system, 1.5 million kilometers from Earth. The unique halo orbit around L1 allows continuous observation of the Sun, providing real-time monitoring of solar activities and their impact on space weather. Launched in September, Aditya-L1 carries seven payloads to study the solar upper atmosphere, coronal heating, plasma dynamics, and other phenomena. Key Points
Economic TimesHow much of the 2023 frenzy is likely to extend to 2024? S Naren answers
S Naren says: “Old investors can stay invested but new money coming in should be spread across asset class. We are much more focussed on the fact that new money should be invested more carefully than taking out old money. Old money can just stay invested. I do not think we are going to see 2020 markets or 2021 market levels easily.” Key Points
Economic Times
SBI MD on RBI policy, LCR framework & more
AK Tewari discusses the importance of adapting LCR monitoring to digital times to prevent rapid bank runs due to the instant withdrawal capability, emphasizing the critical role of deposit gathering in the banking sector amid ongoing transformations. Tiwari also says: For all banks, especially the deposit gathering and focus will be the key thing for the next several quarters. Key Points
Economic TimesISRO to launch Aditya L1 mission to study Sun on September 2; when and where to watch
Aditya L1 shall be the first space-based Indian mission to study the Sun. The spacecraft shall be placed in a halo orbit around the Lagrange point 1 (L1) of the Sun-Earth system, which is about 1.5 million km from the Earth. Key Points
Business TodayIs it safe to bet on Adani stocks now? Deven Choksey explains
The Supreme Court panel's clean chit in the Adani-Hindenburg case indicates that the committee has run due diligence and found nothing untoward. The panel is now waiting for regulations from the Sebi. The fundamentals of the company have not been impacted by the allegations and if no wrongdoings are found, confidence should gradually return, says Deven Choksey. Key Points
Economic TimesVladimir Putin tells Russians on Victory Day that world is at turning point
"Today, civilization is again at a decisive turning point. A real war has been unleashed against our homeland. We have repulsed international terrorism, we will protect the inhabitants of Donbas, we will ensure our security," Putin said as the country marked the anniversary of victory over Nazi Germany in World War Two. Key Points
FinancialexpressFor moderate risk takers: 5 midcap stocks from different sectors with the right financial matrix
In a market in which stocks of companies undergoing bankruptcy are quoting at half billion market cap, finding stocks which have value is probably not something which is an easy thing. It is time when the choice has to be made between fairly priced or overpriced. Given the sentiments, investors are more prone to buying stock first and then looking at what is the business of the company, that too is done by very few. It is exactly the time and sentiment when it becomes extremely important to go back to the basic principle of investing. Put more checks and balances before you buy the stock and the reason for buying that stock at that point of time. So as you stay bullish, be selective. Key Points
Economic Times
Aditya-L1 in halo orbit: India's solar probe ready to Illuminate Sun's secrets
Prime Minister Narendra Modi shared the news on X, formerly Twitter, and said "India creates yet another landmark. India’s first solar observatory Aditya-L1 reaches it destination." Key Points
India TodayIf growth rate is not over 6%, India will remain lower middle economy by 2047: Raghuram Rajan
The former RBI chief said some southern states are growing with regards to population at below reproduction rate, in other words, the fertility rate has fallen below reproduction rate thus slowing the growth. In other words, we will start the process of aging at some point around that time, which leads to the alarming question if we don't grow faster, we will grow old before we grow rich, which means we all have all the burdens of an aging population to deal with also at that point, he opined. Key Points
Economic TimesAditya L1 Launch FAQ: All your questions about India's maiden solar mission answered
India's first solar mission, Aditya L1, will study the Sun from a halo orbit around the Lagrange point 1 (L1) of the Sun-Earth system. The launch is scheduled for 11:50 am on Saturday from Sriharikota.ISRO,Sun,Earth,Sriharikota Key Points
mintET 40 Under Forty: India’s brightest young business leaders
This year, as we continue the journey towards a decade, Startup India remains firmly in focus, in keeping with the countrys standing as the worlds third largest startup ecosystem, and aspiring to be Number 1. Sixteen of the top 40 this year are entrepreneurs – the same as last year – which, at 40%, marked the highest representation of entrepreneurs in ET 40 under Fortys history. Key Points
Economic TimesA monetary policy review that didn't happen
Financial markets, in the business of reading the future from the present, were excited that interest rate increases are behind after the RBI did not raise rates. But Governor Shaktikanta Das snatched the candy back in less than a minute. Key Points
Economic Times
Don't sell PSU stocks; no need to change strategy as govt will remain same: Ajay Srivastava
Ajay Srivastava believes that there is no need to change anything in the market. He emphasizes that it is a good place to be and that there is no requirement to reinvent the wheel or find hidden gems. He advises investors to be cautious and aware of their comfort level when investing in PSUs and railway stocks. He also highlights the importance of patience in buying and states that the government's continuity in spending will provide opportunities for investors. Key Points
Economic TimesWhat is AMOC & why scientists are alarmed by this crucial ocean current nearing tipping point
New study shows AMOC, which drives crucial climate & weather patterns, could collapse within this century. Scientists fear this could precipitate devastating climate events. Key Points
ThePrintAditya L1 Mission: Spacecraft is nearing its final phase, says ISRO chief
Aditya L1 was successfully launched on September 2 from the Satish Dhawan Space Centre (SDSC) in Sriharikota. The spacecraft, after travelling about 1.5 million km from Earth over 125 days, is expected to be placed in a Halo orbit around the Lagrangian point L1, considered closest to the Sun. Key Points
FirstpostISRO's mission to Sun: Aditya L1 reaches its destination; what next? 10 points
Aditya-L1, India's first solar observatory satellite, has successfully reached its designated orbit at Lagrange point 1. Prime Minister Narendra Modi congratulated ISRO for this landmark achievement. Key Points
mintClash Over Climate Tipping Points and Fossil Fuels’ Future at COP28
U.N. conference in Dubai kicks off as climate systems approach dangerous tipping points and 2023 marks hottest year on record. Key Points
mint
Bias of volatility may have changed: 5 largecap stocks from different sector with upside potential of up t
Somehow word volatility got associated with bearish trend, while it might appear strange to some, the fact is that even volatility has a bias and that can be toward bulls also. In the last few sessions that bias has changed toward bulls. Broader market indices have been able to recover sharply from their lows when they have opened down lower. At this point of time when sectors like banks are leading it, there is a high probability that we might see more of it in the coming weeks. The only caveat is that the earning season which will be starting with large cap IT companies deliver extremely bad surprises then all bets are off. But don't lower guard in terms of stocks selection, stay with the one where the sectoral macros are positive and individual companies have a track record both in terms of financial and management ability. Key Points
Economic TimesLearn With ETMarkets: Role of economic indicators in stock market analysis
It's worth pondering why stock prices fluctuate daily despite companies announcing their financial results quarterly. Alongside corporate announcements, macroeconomic factors and indicators significantly influence stock markets. Let's delve into their role. Key Points
Economic TimesStock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 36%
The script of the up move in the markets continues to be the same, PSU’s, so whether it is PSU banks or any other non-bank PSU, on the list of top gainers is being dominated by them once again. Well there is no point in guessing till when this up move can continue in in PSU space, but if one is looking for investing in non- psu space, it would be better to focus on fundamentals and if there is any improvement in them which has made the overall score go up in the last one month then have a look at those stocks. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame. Key Points
Economic Times