Not geopolitical tension, worried more about higher for longer rates: Sampath Reddy
“The domestic facing sectors have been currently doing much better especially the financials. The export-oriented sectors, especially IT, are still facing challenges in terms of overall growth. That is why the domestic facing sectors are much preferred. But within the exports, especially the pharmaceutical export, the generic pharmaceutical exports segment continues to do well. ” Key Points
Economic TimesNeed to focus on infra, investment, innovation, inclusivity for sustainable growth: Nirmala Sitharaman
Elaborating on the four Is, the Minister said investment is essential to spur infrastructure development, which has a potential to generate jobs. The third I is for innovation, she said adding innovative solutions from startups are required to deal with issues facing the countries. Key Points
Economic TimesInstagram down? Some users are facing issues with app, others are unable to login
According to Donwdetector, users started facing issues today around 7 AM, with more reports coming in the next 40 minutes. By 8:30 AM, over 3,500 users reported issues with the app. Key Points
India TodayRoy Jones Jr warns Anthony Joshua to avoid facing Tyson Fury, calls for trainer adjustment
Roy Jones Jr has advised rival Anthony Joshua to avoid facing Tyson Fury. He doubts the wisdom of Joshua facing Tyson Fury right after a bad performance. Key Points
Economic Times'Nothing short of a nightmare': JP Morgan VP speaks out against caste discrimination in Gujarat | See post
Anirudh Kejriwal, a VP at JP Morgan, chose Gujarat over Singapore for GIFT City's vision but now faces caste discrimination. He expresses disappointment in facing challenges with his dream home due to not being Gujarati. Key Points
mint
King Charles diagnosed with cancer: Buckingham Palace
UK News: Britain's King Charles, aged 75, has been diagnosed with a form of cancer. The monarch will be postponing public-facing duties in light of this recent development. King Charles will continue to undertake State business and official paperwork as usual. Key Points
Times Of IndiaFor IT, 2024 might be a tougher year than 2023: Sandip Sabharwal
Analyst Sandip Sabharwal believes that 2024 might be a tougher year than 2023, contrary to what most analysts are predicting. He warns investors to be cautious about stocks that have seen a decent run-up in anticipation of performance improvement. Sabharwal also expresses skepticism about the IT sector, stating that while some specific companies may do well, larger diversified IT firms are facing significant challenges. Key Points
Economic TimesWFI chief to hold rally in Ayodhya on June 5 amid wrestlers’ protest
The rally in Ayodhya is seen as an attempt by Mr. Singh, a six-time Lok Sabha member, to showcase his influence amid the charges he is facing. Key Points
The HinduLenders facing known and unknown challenges, need agile responses: Bank chiefs
HSBC India CEO Hitendra Dave said though technology has made banking easier, the risks are sometimes unknown. He cited the example of the ransomware attack on the world's largest lender by assets Industrial and Commercial Bank of China (ICBC) earlier this month which forced the bank to re-route trades using spreadsheets stored on portable drives and accessing the internet using dongles. Key Points
Economic TimesIPL 2023: We would like to play on any surface, says CSK batter Ruturaj Gaikwad
CSK beat Mumbai Indians by six wickets in a crucial IPL match at Chepauk, hitting the required runs in 17.4 overs after restricting the opposition to just 139 for 8. Key Points
The Indian Express
Pooja Hegde to move into lavish sea-facing home in Mumbai worth ₹45 crore: Report
Pooja Hegde has recently purchased a lavish 4000 square feet home on Mumbai according to reports. Check out more details below. | Bollywood Key Points
Hindustan TimesWhy it's a do-or-die test for Congress, BJP veterans in Rajasthan, MP, and Chhattisgarh
It would be a great test for veteran leaders like Kamal Nath, Digvijaya Singh, and Ashok Gehlot are facing crucial challenges. In Madhya Pradesh, CM Shivraj Singh Chouhan is struggling despite serving four terms, while former CMs Vasundhara Raje and Raman Singh are trying to regain their prominence. In Rajasthan, Gehlot is facing competition from Sachin Pilot, but he has reinvented his approach and is engaging in a year-long campaign to connect with voters. Key Points
Economic TimesShould interfaith lion pair Sita and Akbar be renamed?
India News: Read about the controversy surrounding the names of interfaith lion pair Sita and Akbar in India. Should they be renamed? Find out more on Indian News. Key Points
Times Of IndiaJacob Elordi faces police investigation in Australia. Here's why
Jacob Elordi, the rising Hollywood star, has been facing a police probe in Sydney. The reported reason behind the investigation will shock you. Key Points
Economic Times2024 Six Nations: Steve Borthwick's England facing hard selection decisions
England's Six Nations campaign is going to begin in the Eternal City on Saturday with head coach, Steve Borthwick facing some hard selection decisions before the team's opening game. The Borthwick flankers will be getting a new look from the World Cup semi-final defeat in South Africa. Key Points
Economic Times
What's next for INDIA after triple blow from 'Paltu Ram', 'Didi' & 'Jugnu'
The INDIA bloc, a coalition of political parties, is facing challenges as key members withdraw support. Bihar Chief Minister Nitish Kumar and the Aam Aadmi Party have decided not to join the alliance, while West Bengal Chief Minister Mamata Banerjee has rejected the Congress party's 'Bharat Jodo Nyay Yatra' and will contest the Lok Sabha elections independently. Key Points
Economic TimesTime to be contrarian? These 6 bank stocks can give over 18% returns
While the bank nifty might be facing pressure in today’s trading session, it is because of the three private banks with high weightage in the indices witnessing selling pressure.For contrarian and short term traders there might be an opportunity given the fact that it has been witnessed that such moves are followed by short covering sooner or later. But again this probably is trade for high risk traders or investors who have the ability to take a stand against market narrative. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members. Key Points
Economic TimesPornhub blocks access in multiple US states amid age verification law
Pornhub is facing pressure from U.S. lawmakers over its age verification policies, but also from the EU. Key Points
Hindustan TimesCorrection are some times opportunities; 5 mid & smallcap cement stocks with upside potential of up to 30%
Cement has been a sector where most of the analysts have been caught off guards. The stocks have done well and a large number of analysts have been sticking to their stands that pricing and capacity utilization is an issue. What they probably ignored was the fact that any industry which has been facing headwinds for a long time tends to sort the issues and few players are able to make a comeback as consolidation takes place. Pretty much what we have seen in power. Due to government focus on infrastructure for the last nine years, a number of cement players have been able to improve their balance sheets and also become operationally efficient. With the policy continuity there is a high probability that we may see a similar trend in coming years. Key Points
Economic TimesCristiano Ronaldo vs Lionel Messi: Inter Miami to face Al-Nassr in Saudi Arabia
Miami are set to take on Al-Hilal at the Kingdom Arena in Riyadh on Jan. 29 before facing Al-Nassr at the same venue on Feb. 1. | Football News Key Points
Hindustan Times
Time to be selective? 6 largecap stocks from different sectors with upside potential of up to 33%
While some of the headwinds which Indian markets have been facing might have receded, some of the risks which are specific to India are still very much there. One being the state election result and second one being valuation being at a very high level. In such conditions, it would still be better to stay focussed on large caps as they have more ability to weather the storms which come unannounced. 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 TimesStock picks of the week: 4 stocks with consistent score improvement and upside potential of up to 31%
While some of the uncertainties which the global equity markets were facing have come down with indication by US fed that interest rates are not likely to inch upward. The valuation risk still remains, it would better to stay focussed on stocks where analyst score have gone up due to one or the other reasons. 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 TimesNazara eyes tax crisis-hit real money game companies
The RMG industry is facing a tax demand of more than Rs 1.5 lakh crore, after the government decided to levy a 28% GST on deposits made by users to play a game, instead of on the winnings. Key Points
Economic TimesSuchitra Krishnamoorthi on facing casting couch: 'People have many horror stories of casting couch, mine is just mild'-Entertainment News , Firstpost
The actress narrated her ordeal in a recent interview and revealed, 'I was almost on the verge of tears. I picked up all my stuff and I said I’m just coming and I ran.' Key Points
FirstpostSex Education Season 4 trailer out now, upcoming season to be the final installment of the series
The official description of Season 4 provides a glimpse into the new chapter that awaits the beloved characters. Following the closure of Moordale Secondary, Otis and Eric find themselves facing a new frontier—their first day at Cavendish Sixth Form College. While Otis harbors nerves about establishing his new clinic, Eric hopes they will not face a resurgence of their previous outsider status. Key Points
Economic Times/cloudfront-us-east-2.images.arcpublishing.com/reuters/GTSKNQ7KV5LZ3OB3EVACIVWQE4.jpg)
Australia's Medibank faces fourth class-action lawsuit over cyberattack
Australia's Medibank Private Ltd said on Thursday it was facing a fourth shareholder class-action lawsuit over a cyberattack incident last year that exposed the personal data of 9.7 million current and former customers. Key Points
ReutersIndian Air Force's aircraft remains stuck at Leh airport, flights cancelled
A C-17 heavy-lift transport aircraft is facing serviceability issues and is on the runway at Leh, ANI quoted IAF officials as saying. FLights by Indian carriers, including Air India, Vistara, SpiceJet and IndiGo either returned or were diverted to nearby Chandigarh and Srinagar due to closure of the airport. Key Points
Economic TimesBeing picked on as an overweight child still haunts Aryan Arora
Actor Aryan Arora was bullied and teased as a child for being overweight, but he decided to work on himself during his class 10 summer break. He lost 15 kgs by being more active and managing his diet. Physical fitness has made him more confident, but memories of being picked on as a child still haunt him. Arora admits that facing rejections during auditions used to trigger his fears, but he continues to work hard on his physical fitness to maintain his confidence. Key Points
Hindustan TimesTwo of 17 Sikhs arrested in California sought in murder cases in India: Police
The two Sikhs who are facing murder charges in India are Pavittar Singh and Husandeep Singh. While their nationality has not been disclosed so far, it is believed that they are still Indian citizens and have a pending asylum application. Key Points
India Today‘Should anyone’s educational degree be a political issue’, asks Sharad Pawar
"Crops have been destroyed due to unseasonal rains in Maharashtra. Discussions are necessary on these issues," Sharad Pawar said. Key Points
The Indian Express
Kashmiri artist on mission to revitalize traditional folk theatre ‘Bhand Pather’
Bhand Pather is a centuries-old form of Kashmiri traditional folk theatre. It frequently takes place in public areas. According to the Guru Shishya Parampara, it is an oral tradition in which the scripts are passed down from one generation to the next. Key Points
Hindustan Times