Central bankers' models need to increase emphasis on supply side: Shaktikanta Das
Macroeconomic models used by central banks so far have mainly focused on the demand side of the economy,'' Governor Shaktikanta Das told the 59th South East Asian Central Banks Governors' Conference held in Mumbai. Enough emphasis was not given on supply side factors. A better understanding of the supply side of the economy has become very important for conducting monetary policy more effectively. Key Points
Economic TimesFlipkart Deals: Offers of up to 52% off on side-by-side refrigerators
Discover jaw-dropping discounts on side-by-side refrigerators at Flipkart! Don't miss out on these incredible offers. Upgrade your kitchen with the best Flipkart deals today. Key Points
mintMounjaro vs. Ozempic: Which has worse side effects?
Users of weight-loss drugs like Ozempic and Wegovy often experience common side effects like nausea and diarrhea. Competitor Mounjaro may cause similar but milder symptoms. Key Points
InsiderSix mid-career side hustles to pursue in 2023
Midlife individuals who are seeking a career shift, increased income or a way to pursue their passions can benefit from side hustles. Different side hustles that can provide a sense of fulfillment include freelancing, online/in-person teaching or tutoring, personal fitness training, social media influencing, delivery agent or dog walking/dog boarding. Experts urge midlifers to engage in side hustles to expand capabilities without putting their 9-to-5 careers in danger. Key Points
Economic TimesRange-bound Nifty likely to head higher; 2 top stock picks now: Mileen Vasudeo
We are seeing a time-wise correction over here and there is no clear trend at present. Markets are likely to head on the higher side. 17500-17450 is a strong demand zone. Similarly, Bank Nifty also has good support at 41,950-41,750 levels. But yes, we are seeing some time correction but eventually we are going to head higher. Key Points
Economic Times
When Mrunal Thakur normalised being ‘naive’ and ‘vulnerable’, taking one day at a time
Mrunal showcased her 'vulnerable' side on social media and penned down a moving note. She showed all her fans that it is 'okay to not be okay'. Key Points
The Indian ExpressDeven Choksey decodes Reliance’s ‘better-than-expected’ earnings in Q4
Reliance Industries reported a 19% YoY jump in Q4 profit to Rs 19,299 crore ($2.5bn), with the group's digital unit, Jio, benefiting from a 13% rise in net profit to Rs 4,716 crore for the quarter, above estimates. Similarly, consolidated revenue grew by 2% YoY to Rs 2.16 lakh crore. Meanwhile, Reliance Retail saw a 13% increase in net profit for Q1 2021 on a yearly basis, to Rs 2,415 crore. The expansion in margins rose to almost 18%, surpassing a previously estimated 16.5%. Key Points
Economic TimesIndia, Germany to strengthen bilateral ties, increase investments: German Vice Chancellor
India and Germany are looking to strengthen bilateral cooperation and increase investments and collaboration, according to Robert Habeck, Germany's Vice Chancellor and Minister of Economic Affairs and Climate Action. While China remains Germany's biggest trading partner, there is concern about being too reliant on a single market, and Habeck said de-risking and diversification is important. He noted that other partnerships, such as the Indo-German partnership, are gaining importance. Key Points
Economic TimesMindful movements: Teaching children emotional regulation through yoga practices
Discover the transformative power of yoga in teaching children emotional regulation. Explore effective techniques and empower their emotional well-being. | Health Key Points
Hindustan TimesIs it time to sell a Trent and buy a VIP? Is it time to flip? Here’s what Sandip Sabharwal has to say
Sandip Sabharwal has been buying Bata shoes and stocks. He believes that the volume growth in footwear will bounce back. He also bought VIP stocks and thinks that the luxury segment will continue to grow. Sandip mentions that companies in the power supply chain like transformers, transmission, storage, and metering will perform well. Key Points
Economic Times
Vishwanathan Anand sings along to Sting at Lollapalooza. Watch
As Viswanathan Anand was seen singing Roxanne at Lollapalooza 2024, many people said he looks ‘cool’. Several also added that this is an unseen side of him. | Trending Key Points
Hindustan TimesBank Crisis: The side-effects of macroeconomic actions
India has been fortunate that the pandemic stimulus was within reasonable levels. The rise in inflation here was stoked primarily by the Russia-Ukraine war. Key Points
The Economic TimesAll about two rare Covid-19 vaccine side effects detected in a study
Two new extremely rare side effects of Covid-19 vaccine have been uncovered by a recent study. Here's all you want to know. | Health Key Points
Hindustan TimesIn Q3, Berger Paints had 9.1% growth; in Q4 trends should be similar: Abhijit Roy
Abhijit Roy says: We have always had big competition within the industry. There are major players there already both domestic and international and we have been fighting. So I do not see anything majorly changing, of course, there is a very big player coming in in March-April and that might shift a little bit in terms of the growth rates but it is not going to be a very tangible effect on the overall revenue or profit growth. Key Points
Economic TimesShould you start buying chemical stocks? Is ICICI Bank a good buy? Deven Choksey answers
Deven Choksey favours UPL, ICICI Bank, HDFC Bank, and Kotak Mahindra Bank. He highlights the lack of clarity in Biocon's business and advises caution in the chemical sector. He suggests Whirlpool needs to improve its strategy to compete with domestic players. Companies in niche areas like Anupam Rasayan, Ami Organics, Laxmi Organics remain relatively stronger players. Key Points
Economic Times
After broader market, languishing largecaps will reverse: Mahantesh Sabarad
The big trigger now is that corporates will start looking at better performance ahead. One of the biggest inflation triggers is on the commodity side. Many of the companies, be it on the industrial side be or on the capital goods sides, are exposed to a large inflation footprint that came in with the commodities surge. That is now gradually abating and could provide the next possible trigger for most of the goods manufacturing companies. Key Points
Economic TimesCouple doesn't sleep on 'regular' side of the bed, sparks outrage
"We never designated a spot," Angelina Murphy told Insider about their unique sleeping habits. "We just land where we land, I guess." Key Points
InsiderTech View: Nifty finds support at 20-DMA. What should traders do on Tuesday
Nifty has been in consolidation mode since the last four trading sessions. The daily and hourly momentum indicators are providing divergent signals which can lead to a range-bound move over the next few trading sessions. Open Interest (OI) data showed the call side had the highest OI at 22,300, followed by the 22,500 strike prices. Key Points
Economic TimesThe narratives we choose today may determine decisions of war and peace tomorrow
A Bob Dylan anti-war anthem reminds us that stories justifying violence are often false or biased. And if divinity were really on ‘our side’, the next war wouldn't even happen. Key Points
mintXi tells Zelenskyy ‘China has always stood on the side of peace’
Chinese President Xi Jinping told Ukrainian President Volodymyr Zelenskyy that China has “always stood on the side of peace”. China has tried to appear neutral in the war but refused to criticise Russia’s invasion of Ukraine. Key Points
The Hindu
What is nocebo effect? All you want to know about placebo's evil twin
You've heard of the placebo effect: when positive thinking makes you believe your meds are working. Nocebo is the power of negative thinking. Wait, what? | Health Key Points
Hindustan TimesPicks of the day: Buy L&T, short UPL, says Rahul Sharma
Rahul Sharma's market insights cover Larsen & Toubro's potential breakout, market choppiness, smallcap and midcap index analysis, positive metal sector outlook, and Muthoot Finance's expected up-move amid cautious FMCG sector sentiment. In metals, Sharma's top picks on the long side are Steel Authority of India or SAIL as well as Hindalco. Key Points
Economic TimesJio Financial demerger could end up creating over Rs 10 lakh cr worth of book in 3 years: Deven Choksey
“Jio Financial Services remains a strong proposition as far as the outlook is concerned on the NBFC side. That definitely holds good for shareholders because they are getting 1:1 equity out of this particular proposition. We are getting a relatively better visibility for investment going forward from this particular company.” Key Points
Economic TimesT20 World Cup 2024: A historic first for Uganda
In the qualifier, Uganda overcame Tanzania in their opening game by a comfortable margin of eight wickets. However, in the next game, a brilliant 4/17 from Namibian all-rounder David Wiese handed them a six-wicket defeat. Key Points
mintIndia can ride out Gaza war impact on crude: IMF ED KV Subramanian
The International Monetary Fund's executive director, KV Subramanian, believes that India will be able to handle the spike in crude oil prices caused by the conflict in Gaza. He stated that India's strong handling of the pandemic and its balanced approach to supply and demand measures have positioned the country well. However, he noted that higher oil prices may require additional measures to address inflation. Subramanian also mentioned that the impact on interest rates and the proposed Middle East-Europe logistics corridor is yet to be assessed. Key Points
Economic Times
Non-IT hiring not enough to offset degrowth in IT hiring: Info Edge CFO
“Non-IT, in Q4 or even Q3 last year, was doing much better and that has taken care of the slowdown in IT hiring. Non-IT hiring even in this quarter is much better than what the IT hiring has been, but not enough to offset the entire degrowth on the IT hiring side. But that also seems to be slowing down. July JobSpeak index is showing a negative trend on IT as well as on non-IT.” Key Points
Economic TimesBengaluru doctors perform world’s 1st keyhole surgery on man with heart on right side
Dextrocardia is a rare congenital heart defect, in which the heart is in an abnormal position in the chest. It occurs in 1 among 10,000 people. The surgery was performed on the Bangladeshi man in Bengaluru Key Points
FirstpostNifty needs to cross its peak to gain momentum: Analysts
Nifty had a strong 800-point rally in the last eight trading sessions, making an all-time high of 19,523. In the shorter time frame, momentum indicators show overbought signs, and FII index long positions have also reached 73%. Key Points
Economic Times