SENSEX
NIFTY
GOLD
USD/INR

Weather

image 38    C

National / The Economic Times

Gaza War Rafah update: IDF demolishes 100 Hamas sites; over 80 Hamas gunmen eliminated

Gaza War Rafah update: IDF demolishes 100 Hamas sites; over 80 Hamas gunmen eliminated

18 May 2024 9:30 pm
Constitution copy row: Opposition parties in Assam attack CM Himanta Biswa Sarma

Opposition in Assam criticizes Himanta Biswa Sarma for remarks on Indian Constitution color, questioning Rahul Gandhi's possession of a Chinese Constitution. Hafiz Rafiqul Islam from AIUDF adds there's no fixed color for the Indian Constitution. Congress MLA Abdul Rashid Mondal emphasizes the uniformity of content over color. Sarma accuses Rahul of opposing the Uniform Civil Code.

18 May 2024 9:03 pm
Ukraine's divisive mobilisation law comes into force as a new Russian push strains front-line troops

A new mobilisation law in Ukraine has sparked controversy as it aims to boost troop numbers amidst Russia's offensive. The law provides incentives for soldiers but has raised concerns about its impact on businesses and essential services. Ukrainian forces are under strain, prompting measures to replenish depleted ranks. Volunteers are joining the fight, but draft dodging and fleeing the country are also occurring. The conflict has led to casualties and displacement, with Ukraine seeking internat

18 May 2024 8:33 pm
Dozens killed and wounded as Israeli forces thrust deeper in Gaza's Jabalia and Rafah

Israeli troops and tanks advanced into the northern Gaza Strip, killing and wounding dozens of Palestinians, according to medics and residents. In Rafah, near the Egyptian border, Israel continued its ground offensive against Hamas, displacing many and causing widespread casualties. Israel's military targeted terrorist infrastructure, while Palestinian fighters retaliated with rockets and explosives. The ongoing conflict has resulted in significant losses on both sides, with over 35,000 Palestin

18 May 2024 7:59 pm
Temples would be built in Mathura, Varanasi after NDA returns to power with 400-plus seats: Himanta Biswa Sarma

Assam Chief Minister Himanta Biswa Sarma on Saturday said grand temples would be built in Varanasi and Mathura and the Uniform Civil Code would be implemented if the NDA returns to power by winning over 400 Lok Sabha seats. He said the NDA, under the leadership of Prime Minister Narendra Modi, will ensure that Pakistan occupied Kashmir, which is an integral part of India, returns to the country.

18 May 2024 7:39 pm
Poland invests $2.5 billion into fortifying borders with Russia and Belarus

Poland is investing $2.5 billion in the Shield-East project to enhance security on its borders with Russia and Belarus. Prime Minister Donald Tusk emphasized the country's commitment to safety, especially as a NATO and EU member on Europe's eastern flank. The project includes fortifications and environmental measures to secure the border. This investment comes as Poland continues to support Ukraine in its conflict with Russia.

18 May 2024 7:11 pm
NCLT allows IL&FS Transportation Networks to offload shares in an expressway project

The National Company Law Tribunal (NCLT) has granted permission to IL&FS Transportation Networks to sell its shares in Moradabad Bareilly Expressway to Roadstar Infra Investment Trust. The transfer involves 3,21,40,691 equity shares, representing a 14.5% stake. The transaction, approved by IL&FS's new board and ITNL Board in October 2023, received no objection from Union Bank of India. The tribunal allowed IL&FS to proceed with the sale as per the terms of the share purchase agreement with Axis

18 May 2024 6:59 pm
'Grateful to PM Modi's leadership': White House praises India's democracy and electoral process

'Grateful to PM Modi's leadership': White House praises India's democracy and electoral process

18 May 2024 5:23 pm
ChatGPT is now better than ever at faking human emotion and behaviour

OpenAI launched GPT-4o, an advanced version of the ChatGPT chatbot, emphasizing its natural engagement and human-like personality. The AI system showcases voice conversations, humor, empathy, and an ability to respond to users' emotions. However, concerns arise regarding the ethical implications of creating AI with simulated emotional intelligence. The introduction of GPT-4o and Google's Project Astra showcases advancements in AI capabilities, including multimodal functions.

18 May 2024 5:07 pm
Staying with stronger ones is always better option: 5 Mid-cap stocks from different sector with upside potential of upto 42%

In its lifetime every midcap company sees some headwinds. There are many examples from history which show the difference between the companies which have been able to survive and grow even after all the trouble is that of the parent company. A company belonging to a strong industrial group which has a track record of handling many economic cycles in the past has a higher probability of surviving a bad phase and coming back on a growth path as compared to a company in the same line of business wh

18 May 2024 4:26 pm
Sundaram Home Finance hopeful of continuing growth momentum

Sundaram Home Finance plans to continue its growth momentum in the current financial year by expanding into smaller towns and exploring opportunities in Tier 4 towns in South India. The company, a subsidiary of Sundaram Finance Ltd, is optimistic about the real estate sector's outlook and expects growth momentum to continue. The company has opened 30 exclusive SBL branches in Tamil Nadu, with disbursements of over Rs 125 crore.

18 May 2024 4:19 pm
Made-in-India choppers, missiles, artillery used by IAF, Navy and Indian Army

Tejas, Akash, INS Vikrant and other missiles, battle tanks, weapons used by Indian Army, Indian Navy and IAF.

18 May 2024 4:17 pm
7 outperforming railways stocks across different segments

Even the best of the rational brain can make wrong decisions when there is too much noise which gets created due to a narrative. Now for the last few days a narrative has been created that due to polls, FPI are selling. These kinds of narratives tend to hit the sector and stocks which are sitting with big gains and are dependent on government policy push. Railways was among the last sectors to get re-rated due to the policy focus. Whether it was companies which are financing the expansion of rai

18 May 2024 3:23 pm
Centre to evaluate PM KISAN scheme to assess its impact on farmers

To be undertaken by the Development, Monitoring and Evaluation Office of NITI Aayog, the evaluation is being done to understand the success of the scheme in supplementing the financial needs of the farmers, its impact on farm income and the extent to which it has reduced dependence on moneylender. The scheme costs the government Rs 60,000 crore a year.

18 May 2024 3:04 pm
Southwest Monsoon likely to advance into South Anadaman Sea around Sunday: IMD

The India Meteorological Department forecasts the Southwest Monsoon in South Andaman Sea, Southeast Bay of Bengal, and Nicobar Islands. Heavy rainfall expected in Peninsular India. Heatwave conditions continue in Northwest, East, and Central India with alerts for multiple states.

18 May 2024 3:03 pm
US: At least 4 dead after powerful storms slam Houston, Texas

US: At least 4 dead after powerful storms slam Houston, Texas

18 May 2024 2:25 pm
Gainers & Losers: BKT, Nestle among 6 stocks that were in spotlight on Saturday

In todays special trading session, 21 stocks among the Sensex closed in green while 9 were in red. day's trading session, five stocks saw top short covering. Here's the list:While S&P Sensex closed 0.12% higher at Rs 74,006, the 50 company index Nifty-50 closed 0.16% higher at Rs 22,502.Here are the stocks that saw action today:

18 May 2024 2:07 pm
New star wars plan: US rushes to counter Chinese and Russian threats in orbit

US Defense Department is looking to acquire a new generation of ground- and space-based tools that will allow it to defend its satellite network from attack and, if necessary, to disrupt or disable enemy spacecraft in orbit, Pentagon officials have said in a series of interviews, speeches and recent statements.

18 May 2024 1:55 pm
Biden's China tariffs are the end of an era for cheap Chinese goods

Biden's decision this past week to codify and escalate tariffs imposed by Trump made clear that the United States has closed out a decades-long era that embraced trade with China and prized the gains of lower-cost products over the loss of geographically concentrated manufacturing jobs. A single tariff rate embodies that closure: a 100% tax on Chinese electric vehicles, which start at less than $10,000 each and have surged into showrooms around the world but have struggled to crack government ba

18 May 2024 1:47 pm
Andhra Pradesh CM Jagan Mohan Reddy on foreign trip with family

Andhra Pradesh CM Y S Jagan Mohan Reddy went on a foreign holiday after the state elections. He was seen off at Gannavaram airport by Bapatla MP Nandigam Suresh, Housing Minister Jogi Ramesh, and other ruling party leaders.

18 May 2024 1:46 pm
Stock picks of the week: 4 stocks with consistent score improvement and upside potential of up to 40%

After the recent phase of the volatility, there has been a bounce back in Nifty and sensex. Along with them there has also been an improvement in the market breadth as more number of stocks were able to inch upward. But this is not enough to say the volatile phase is over. At this point of time, one cannot rule out more profit booking ahead of election results. If one is taking fresh exposure to equity, ensure that there is some level of quality as far as the business and fundamentals are concer

18 May 2024 1:31 pm
IEX shares rally 9% in 3 days after Q4 results beat

IEX reported a 14.7% YoY increase in its PAT on May 15 along with a revenue at Rs 149.5 crore for the fourth quarter of the financial year 2024.

18 May 2024 1:04 pm
Sunil Chhetri announces retirement from international football: 'I want people to remember me as'

Sunil Chhetri announces retirement from international football: 'I want people to remember me as'

18 May 2024 12:38 pm
AAP posts video accusing Swati Maliwal of 'staging drama' via assault allegation against Kejriwal aide

In a complaint, Maliwal alleged that Kejriwal's Personal Secretary Kumar 'slapped her atleast seven to eight times,' while she 'continued screaming.' Maliwal further claims that she was 'brutally dragged' while being 'kicked' in the chest, stomach and pelvis area. According to a medico-legal report from the Jay Prakash Narayan Trauma Centre at AIIMS, Maliwal had bruises over her left leg and her right cheek.

18 May 2024 12:29 pm
Sundaram Home Finance Q4 results: Net profit at Rs 57 cr; disbursements breach Rs 5,000 cr

Sundaram Home Finance, the wholly owned subsidiary of Sundaram Finance has reported a net profit of Rs 57 crore for the January-March 2024 quarter, the company said.

18 May 2024 12:23 pm
Dalmia Bharat begins production at new unit in Tamil Nadu plant

Dalmia Bharat Ltd has started commercial production at its new mill in Ariyalur, Tamil Nadu, expanding its total cement manufacturing capacity to 45.6 MTPA. The strategic brownfield expansion aligns with the goal of reaching 110-130 MT by 2031, focusing on maximising growth prospects and enhancing market position in the South.

18 May 2024 11:59 am
GAIL hires LNG ship from CoolCo

GAIL (India) Ltd has contracted a newbuild LNG carrier from NYSE-listed Cool Company for 14 years, enhancing its transportation capacity to meet India's rising gas needs. The agreement includes partnerships with Sabine Pass Liquefaction LLC and Cove Point LNG liquefaction terminal.

18 May 2024 11:38 am
No objection to action against grandson if he is found guilty: Deve Gowda on Prajwal Revanna's sex scandal

D(S) patriarch H D Deve Gowda has broken his silence over sexual abuse charges against his grandson and MP Prajwal Revanna, who is facing charges of sexual harassment and kidnapping. Gowda has no objection to the action taken against him if found guilty, but has refrained from commenting further as the matter is subjudice. Gowda's other son, state JD(S) chief, Kumaraswamy, has stated that it is the duty of the government to take action in accordance with the law of the land.

18 May 2024 11:31 am
AAP Rajya Sabha MP Raghav Chadha arrives at CM Kejriwal's official residence

Chadha had undergone an eye surgery in the UK and was away for a long duration. Questions were also raised over his absence, but the party had said that he will be back once he recovers.

18 May 2024 11:29 am
Delhi heatwave alert: Temperature may soar above 45 today

Met department forecasts a partly cloudy sky, heatwave, and strong surface winds for the day. Heatwave conditions, defined as a maximum temperature exceeding 4.5 degrees above normal, reaching at least 45 degrees Celsius, are expected.

18 May 2024 11:06 am
Modi's allegation of insult to Uttar Pradesh, a cheap tactic says DMK chief M K Stalin

DMK President M K Stalin criticizes PM Narendra Modi for divisive propaganda and neglecting key issues like reservation and welfare schemes in Tamil Nadu, accusing him of obstructing development projects and spreading lies during elections.

18 May 2024 11:05 am
OYO withdraws DRHP, to refile IPO post refinancing: Sources

Softbank-backed OYO is set to refile its much-awaited IPO as the global travel tech player is close to finalising its refinancing plans to raise up to USD 450 million via sale of dollar bonds, sources said.

18 May 2024 11:04 am
Hindus not represented in USCIRF, says Indian diaspora body

The head of a top Indian diaspora think-tank criticizes the US Commission on International Religious Freedom for lacking diversity and producing biased reports on India and Hindus. USCIRF announced new members Maureen Ferguson, Vicky Hartzler, Asif Mahmood, and re-appointments of Stephen Schneck, Eric Ueland. Khanderao Kand criticizes the missed historic opportunity for diversity and balance in the commission.

18 May 2024 11:00 am
Celebrity Kangana vs 'royal' Vikramaditya on Himachal's Mandi seat: Clash of richest titans

In Himachal Pradesh's Mandi Lok Sabha constituency, the BJP's Kangana Ranaut and Congress's Vikramaditya Singh engage in a fierce campaign focusing on development, governance, and legacy. The battle for voter support intensifies as the two candidates highlight their agendas and seek to sway the electorate.

18 May 2024 10:59 am
5 stocks that closed above VWAP on May 17

When the closing price rises above the VWAP, it signifies that the closing price is higher than the average price at which it was traded throughout the day.

18 May 2024 10:05 am