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Showing posts from April, 2021

DIIs emerge smart buyers as bulls & bears play tug of war

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This time, the DIIs have come to our rescue and turned net buyers of equities worth more than Rs 9,900 crore in April, signalling their faith in India Inc’s ability to steer through these trying times. from Stocks-Markets-Economic Times https://ift.tt/2S9OXcg

Brave New World: Commodity economics, inflation dynamics and Apple earnings

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Global growth seems to be rolling over and second half of the year could be challenging. from Stocks-Markets-Economic Times https://ift.tt/2Se4UOF

Zulu regent Queen Dlamini Zulu dies a month after taking reign

“This has taken us by surprise and left us utterly bereft,” Prince Mangosutho Buthelezi said. from Sydney Morning Herald - World https://ift.tt/3thwiIF

Lloyd Austin calls for ‘new vision’ for American defence

Without mentioning China by name, the new Pentagon chief said diplomacy should be used to prevent conflict. from Sydney Morning Herald - World https://ift.tt/3e8k4NT

Loan growth touches new low in the pandemic year

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The pandemic led contraction in economic activity led to a sharp slowdown in credit demand Non-food bank credit growth rose by 4.9 per cent in March 2021, lowest in more than five decades as compared to 6.7 per cent in March 2020. Loans to large industries contracted by 0.8 per cent, while loans to micro and small enterprises rose by a mere 0.5 per cent. from Stocks-Markets-Economic Times https://ift.tt/2PEULK7

March infrastructure output rises 6.8% YoY

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Full year core output in FY21 shrank 7% — first contraction in the last eight years — as production contracted in nine months of the financial year. from Stocks-Markets-Economic Times https://ift.tt/3nJtG4X

Historians appalled at plastic skeleton of Napoleon’s horse over his tomb

French artist Pascal Convert’s sculpture, a copy of the remains of the emperor’s horse Marengo, is due to be displayed in the hallowed dome of the Invalides. from Sydney Morning Herald - World https://ift.tt/3t9zR3a

Ambani’s RIL flags economic pain as virus devastates India

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Reliance Industries Ltd., India’s largest company by market value and one that’s considered a bellwether for the broader economy, said it hasn’t escaped a devastating new wave of the coronavirus and warned of more pain unless the surge is quickly curbed. from Stocks-Markets-Economic Times https://ift.tt/3aU2kUC

Darshan at Shree Somnath Temple

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Darshan at Shree Somnath Temple from News - Videos - The Times of India https://ift.tt/2QND6Ar

Delhi: PM Modi offers prayers at Gurudwara Sis Ganj Sahib on 400th Prakash Purab of Guru Teg Bahadur

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Delhi: PM Modi offers prayers at Gurudwara Sis Ganj Sahib on 400th Prakash Purab of Guru Teg Bahadur from News - Videos - The Times of India https://ift.tt/3e7PVhV

Indian scientists appeal to Modi for key virus data to save lives

The country’s pandemic response has been marred by insufficient data concerning more than 350 scientists. from Sydney Morning Herald - World https://ift.tt/3xDsGUI

Disneyland reopens in COVID-19 turnaround, without Mickey Mouse hugs

“Disneyland is like my happiest place, to be totally honest,” said a guest. The major Californian economic engine drew 19 million people a year pre-pandemic. from Sydney Morning Herald - World https://ift.tt/3gTarEM

Delhi lockdown: Sex-worker’s son makes sure community gets essentials

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Delhi lockdown: Sex-worker’s son makes sure community gets essentials from News - Videos - The Times of India https://ift.tt/3t8MDzh

Europe’s recession shows it pays to unleash money on pandemic

Europe ended up in a pandemic-induced double-dip recession, the US economy grew 1.6 per cent. The difference? Cash mostly. from Sydney Morning Herald - World https://ift.tt/3u93qU2

‘Attar’ sales boost up in Srinagar during ‘Ramadan’

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‘Attar’ sales boost up in Srinagar during ‘Ramadan’ from News - Videos - The Times of India https://ift.tt/3xDgbbK

ITBP officials visit Sardar Patel COVID Care Centre to examine arrangements

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ITBP officials visit Sardar Patel COVID Care Centre to examine arrangements from News - Videos - The Times of India https://ift.tt/3uaoDNh

Companies shut plants, cut output to cope with fall in demand

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Companies that have announced closures include Toyota, Maruti Suzuki, Hero Moto and Honda Motorcycles and Scooter India (HMSI), while those that have reduced output are understood to include Havells, Nippon Paints, Panasonic, Mercedes-Benz, Mahindra & Mahindra (M&M), LG (Pune factory) and Tata Motors. from Stocks-Markets-Economic Times https://ift.tt/3t4NSze

Covid-19: BCCI rejects 'VVIP racism' charge as IPL players getting tested on daily basis

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Covid-19: BCCI rejects 'VVIP racism' charge as IPL players getting tested on daily basis from News - Videos - The Times of India https://ift.tt/3e40pyI

ETMarkets Morning Podcast: Byju's set to be India's most valued startup

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from Stocks-Markets-Economic Times https://ift.tt/3gOz7Ou

Asian shares slip but economic optimism keeps world shares near record high

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MSCI's broadest gauge of world stocks covering 50 markets, ACWI, was little changed, a day after it hit a historic high, extending its monthly gains to 5.1 per cent. from Stocks-Markets-Economic Times https://ift.tt/2QM0Cxz

Obama and Springsteen take on the world

This eight-episode podcast series is like eavesdropping on a couple of old buddies as they yak about their lives, their friendship, their ethics and what it means to be American. from Sydney Morning Herald - World https://ift.tt/3u5XzP7

Covid-19: Vaccine rollout may witness slowdown despite lowering of age bar

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Covid-19: Vaccine rollout may witness slowdown despite lowering of age bar from News - Videos - The Times of India https://ift.tt/3gMiH9z

Darshan at Shree Somnath Temple

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Darshan at Shree Somnath Temple from News - Videos - The Times of India https://ift.tt/2QIjMED

Buy or Sell: Stock ideas by experts for April 30, 2021

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from Stocks-Markets-Economic Times https://ift.tt/3t7tJbT

SGX Nifty tanks 191 points; here's what changed for market while you were sleeping

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Nifty futures on the Singapore Exchange traded 191 points, or 1.28 per cent, lower at 14734.7 in signs that Dalal Street was headed for a negative start on Friday. from Stocks-Markets-Economic Times https://ift.tt/2PzH7rw

Ministry of Corporate Affairs nudges Sebi on startups listing rules

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A startup that has listed on the IGP platform can migrate to the mainboard provided the company meets several conditions, including a profit of at least Rs 15 crore in the last three years from Stocks-Markets-Economic Times https://ift.tt/3e4VsFL

Brazil passes 400,000 COVID-19 fatalities with high death toll to plateau for months

Brazil on Thursday registered 3001 new COVID-19 deaths, taking its total since the pandemic began to 401,186 fatalities, the Health Ministry said. from Sydney Morning Herald - World https://ift.tt/3aT0wv8

100 days of Biden: Impact on India explained

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100 days of Biden: Impact on India explained from News - Videos - The Times of India https://ift.tt/3t5AhYr

Stocks in the news: RIL, YES Bank, Titan, IndusInd Bank, DRL and Ambuja Cements

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DRL said it has launched generic Albendazole tablets, used in the treatment of a variety of parasitic worm infestations, in the US market. from Stocks-Markets-Economic Times https://ift.tt/3e4qiye

Novavax Covid vaccine results to put 1,190% stock surge to test

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​The biotech firm said in March its shot could get cleared by the Food and Drug Administration for emergency use as early as May. from Stocks-Markets-Economic Times https://ift.tt/3e5l5GB

Facebook fuels S&P 500 to record high close

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The stock logged its biggest single-day gain in five months and easily contributed the most upside to both the S&P 500 and Nasdaq from Stocks-Markets-Economic Times https://ift.tt/3aQKIZI

Baring Asia puts Hexaware on sale for $2.5-$3 billion

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The Hong Kong-based buyout fund has initiated the process by mandating investment banks Barclays and JP Morgan to find buyers at a valuation of Rs 18,500 crore – Rs 22,200 crore ($2.5-$3 billion), multiple people aware of the development said. from Stocks-Markets-Economic Times https://ift.tt/2RbDuse

India’s fortnight of pure hell

In a country known for extreme inequalities, the second wave of COVID-19 has been a great leveller, engulfing rich and poor in almost equal measure in a shuddering helplessness. from Sydney Morning Herald - World https://ift.tt/2S6P5t2

I am COVID-positive in India but I’m one of the lucky ones

After more than a year of writing about the pandemic in India, here I was experiencing the story first-hand with the virus firmly settled inside me. from Sydney Morning Herald - World https://ift.tt/3aPDhSK

Gallery: The best photos from around the world

The best photos from around the world from Sydney Morning Herald - World https://ift.tt/3vwaHgV

In his first 100 days, Joe Biden’s bold, progressive turn stuns nation

Despite his low-key style and pragmatic reputation, Biden is governing for the history books and pursuing the biggest expansion in government in decades. from Sydney Morning Herald - World https://ift.tt/3vILVKP

‘A day to pack up our lives and get out’: journalist Bill Birtles on fleeing China

As diplomatic tensions between Beijing and Canberra worsened, the ABC’s foreign correspondent and his partner had to leave everything – immediately. from Sydney Morning Herald - World https://ift.tt/3t4PM2X

Facebook fuels S&P 500 to record high close

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The stock logged its biggest single-day gain in five months and easily contributed the most upside to both the S&P 500 and Nasdaq from Stocks-Markets-Economic Times https://ift.tt/3t5pvkX

Israeli religious festival bonfire stampede leaves dozens dead

Tens of thousands of people had gathered at the foot of Mount Meron to celebrate Lag BaOmer, a Jewish holiday honoring a 2nd Century sage and mystic who is buried there. from Sydney Morning Herald - World https://ift.tt/331Abqs

Fed's Powell: China's approach to digital currency would not work in U.S.

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Powell, in remarks following the Fed's latest policy meeting, emphasized the Fed's primary goal is not speed to market but rather avoiding any calamitous misstep in executing digitalization of the dollar, which remains the world's dominant reserve currency. from Stocks-Markets-Economic Times https://ift.tt/2PxKiQt

REC shares up 2.22% as Sensex rises

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A total of 126,358 shares changed hands on the counter till 10:05AM (IST) from Stocks-Markets-Economic Times https://ift.tt/2R92OyW

ETMarkets Morning Podcast: How Sebi deepened fund managers’ skin in the game

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from Stocks-Markets-Economic Times https://ift.tt/3u1mmny

ONGC flags ‘critical’ recast issues

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Additional secretary (exploration) Amar Nath had sent an ‘action plan’ to the company on April 1, a day after chairman Shashi Shanker superannuated, giving officiating chairman and director (finance) Subhash Kumar the job to respond in four days. from Stocks-Markets-Economic Times https://ift.tt/3aPFL3h

Sensex reclaims Mount 50K as D-St extends rally to 4th day: Key factors driving market

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Analysts awaited more large cap companies to report their financial results for the January-March period. from Stocks-Markets-Economic Times https://ift.tt/3sWmkMs

Covid-19: Over 1.2cr register for vaccination, but you can’t schedule a jab yet

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Covid-19: Over 1.2cr register for vaccination, but you can’t schedule a jab yet from News - Videos - The Times of India https://ift.tt/3nwHvUd

Buy or Sell: Stock ideas by experts for April 29, 2021

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from Stocks-Markets-Economic Times https://ift.tt/3t39BHK

US Fed keeps interest rates near zero, Jerome Powell says risks to outlook remain intact

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from Stocks-Markets-Economic Times https://ift.tt/3u2BIIl

Stocks in focus: Biocon, Tata Communications, ONGC and more

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from Stocks-Markets-Economic Times https://ift.tt/3aIIxYb

Sebi deepens fund managers' skin in the game

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The regulator said the move is aimed to align the interest of the key employees with the unit holders of the mutual fund schemes. from Stocks-Markets-Economic Times https://ift.tt/3t1nVRk

Ban on menthol cigarettes in the works for Biden administration

For decades, menthol cigarettes have been marketed aggressively to black people in the United States. from Sydney Morning Herald - World https://ift.tt/331Ov1O

Israel’s ‘apartheid’ is a lie: a son of South African Jews responds to Human Rights Watch

I’ve seen Palestinian suffering. I desperately want to help, but Human Rights Watch’s distortions do not assist that cause. from Sydney Morning Herald - World https://ift.tt/3gNxIYD

Covid-19: 18 plus vaccination unlikely to begin in JK from May 1

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Covid-19: 18 plus vaccination unlikely to begin in JK from May 1 from News - Videos - The Times of India https://ift.tt/3nCQfrZ

Darshan at Shree Somnath Temple

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Darshan at Shree Somnath Temple from News - Videos - The Times of India https://ift.tt/2QwNcWn

SGX Nifty jumps 143 points; here's what changed for market while you were sleeping

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Nifty futures on the Singapore Exchange traded 143.60 points, or 0.96 per cent, higher at 15,050 in signs that Dalal Street was headed for a gap-up start on Thursday. from Stocks-Markets-Economic Times https://ift.tt/3e67cIp

Biocon Q4 results: Net profit grows 105% on strong biosimilar business growth

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For the fiscal year 2020-21, Biocon reported a 1 per cent decline in net profit to Rs 740 crore; while revenue grew 14 per cent to Rs 7360 crore. from Stocks-Markets-Economic Times https://ift.tt/3u2z3yl

Asia shares rise on supportive Fed as Biden unveils new stimulus

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Fed Chair Jerome Powell's comments came before Biden's unveiling of a sweeping package for families and education in his first speech to Congress. from Stocks-Markets-Economic Times https://ift.tt/3taJa3f

Gallery: The best photos from around the world

The best photos from the international wire agencies as chosen by our picture editors. from Sydney Morning Herald - World https://ift.tt/3xA5ciY

Stocks in the news: Reliance Ind, Hindustan Unilever, Titan, Bajaj Auto and Ambuja Cements

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Motherson Sumi, Bajaj Holdings, Shriram Transport, AU SFB and Laurus Labs are among companies scheduled to announce quarterly results today. from Stocks-Markets-Economic Times https://ift.tt/3xADK4H

‘America is rising anew’, Joe Biden declares in speech to Congress

Seated behind Biden were Vice-President Kamala Harris and House Speaker Nancy Pelosi, the first women in US history to fill their positions. from Sydney Morning Herald - World https://ift.tt/3eBzyJy

Doing my own research: why vaccine scepticism is an easy sell

“The government is lying to you” is a more appealing message than “the government makes some good points about having fewer people die.” from Sydney Morning Herald - World https://ift.tt/3t7OTqw

110-bed COVID facility being set up at indoor stadium in Srinagar

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110-bed COVID facility being set up at indoor stadium in Srinagar from News - Videos - The Times of India https://ift.tt/3aL2MnY

Kashmir youth continue to relish watching plays in theatre

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Kashmir youth continue to relish watching plays in theatre from News - Videos - The Times of India https://ift.tt/32YaqqU

Buy or Sell: Stock ideas by experts for April 28, 2021

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from Stocks-Markets-Economic Times https://ift.tt/3eE66m8

Alphabet sets profit record, plans $50 billion buyback

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With online consumer activity remaining elevated in the first quarter, Alphabet beat analysts' revenue estimates and nearly surpassed the sales record it set in the fourth quarter. from Stocks-Markets-Economic Times https://ift.tt/32V7Z8E

Floridians mad at plan to release 750m genetically modified mosquitoes

It is an attempt to control the population of an invasive, disease-carrying species that has settled in the area. from Sydney Morning Herald - World https://ift.tt/3u0q2WO

Maha Kumbh: 25,000 turn out for last shahi snan at Haridwar

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Maha Kumbh: 25,000 turn out for last shahi snan at Haridwar from News - Videos - The Times of India https://ift.tt/3dW2KM0

Earthquake of magnitude 6.4 rocks Assam

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Earthquake of magnitude 6.4 rocks Assam from News - Videos - The Times of India https://ift.tt/3dYluKN

Sensex extends gains amid strong buying interest in bank, IT, auto stocks

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Gains across sectors, especially state-run lenders, pushed Dalal Street indices higher. from Stocks-Markets-Economic Times https://ift.tt/3sZsk6Y

Able to sell whatever we produce, says Maruti chief

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RC Bhargava, chairman of the country’s largest carmaker said that while it is difficult to forecast demand in the coming months, the numbers so far remain robust with a heavy backlog of pending deliveries. from Stocks-Markets-Economic Times https://ift.tt/3tYj4lb

ETMarkets Morning Podcast: RBI order puts 3 banks in succession planning mode

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from Stocks-Markets-Economic Times https://ift.tt/3xoLeb7