Elections 101: Could the dust be settling favourably for emerging market equities?
High valuations in IndiaPrime Minister Narendra Modi's third consecutive victory was widely expected, but we saw a much tighter margin of victory than the exuberant exit polls suggested. The market pulled back substantially in response, but subsequently surged over the week, adding to volatile conditions. Retail money has been investing at record levels and, in our view, the market is vulnerable to any disappointment, perceived or otherwise. This development, we think, signals excessively high valuations and overexuberance. This latter point had deeply worried the market, given the strong anti-capitalist tone in some of the new president’s policy proposals.
Source:Economic Times
July 04, 2024 15:18 UTC
Letting The Cat Out Of The Bag? Does The Finance Ministry OM Finally Reveal Government's Mistrust Of Arbitration?
The Office Memorandum fails to consider that litigation is neither easy nor an efficient process in India. On the contrary, the Commercial Courts Act, 2015, does not entail any such mandatory timelines for commercial suits. These averages assume that a trial proceeds unhindered by multiple appeals against procedural orders which are otherwise not permitted under the Arbitration Act. Cost and Expenses: Under the Arbitration Act, both parties typically bear the costs in equal proportion. While the push towards a pro-settlement approach is much appreciated, the Office Memorandum appears guided by a mistrust of the arbitral process.
Source:Economic Times
July 04, 2024 15:10 UTC
Watch: Team India arrives in New Delhi, receives hero's welcome at airport
T20 World Cup 2024: Rohit Sharma and his men, the victorious World Cup-winning team, arrived in New Delhi on Thursday. Rohit walked out of the airport with the trophy in his hand. The team was given a hero's reception by fans who gathered at the airport.
Source:India Today
July 04, 2024 15:05 UTC
Petrol Diesel Price: देश भर में पेट्रोल-डीजल की कीमतों में बदलाव, जानें आपके शहर में क्या है रेट
Petrol Diesel Price Today: Petrol Diesel Price Today: सरकारी तेल कंपनियों ने आज यानी 4 जुलाई के लिए पेट्रोल-डीजल की नई कीमतें (Petrol and Diesel Prices) जारी कर दी हैं. जिसके मुताबिक, आज कई राज्यों में पेट्रोल डीजल की कीमतों(Petrol Diesel Rates) में कमी आई है. महानगरों में पेट्रोल-डीजल की कीमत (Petrol-Diesel Price)दिल्ली में पेट्रोल की कीमत 94.72 रुपये और डीजल 87.62 रुपये प्रति लीटर है. SMS के जरिए पता करें पेट्रोल-डीजल का भावआप घर बैठे SMS के जरिए पेट्रोल-डीजल (Petrol and Diesel Rate Today in India) के रेट जान सकते हैं. अगर BPCL के कस्टमर हैं तो RSP लिखकर 9223112222 नंबर पर भेजकर पेट्रोल-डीजल के लेटेस्ट दाम जान कर सकते हैं.
Source:NDTV
July 04, 2024 14:18 UTC
Kareena Kapoor Khan will be back to impress all with ‘The Buckingham Murders’
watchKareena Kapoor Khan will be back to impress all with ‘The Buckingham Murders’After garnering acclaim at the festival circuit, the film will have its theatrical premiere on September 13Image courtesy: @kareenakapoorkhan/InstagramFollowing the success of Crew, where she co-starred alongside Tabu and Kriti Sanon, Kareena Kapoor Khan is gearing up for her next big-ticket release of this year. Fans have eagerly awaited the theatrical release of The Buckingham Murders since its screening at the BFI London Film Festival and Mumbai Film Festival last year. Producer Ekta Kapoor recently announced September 13 as the film’s release date on Instagram, much to the delight of fans. With multiple international actors joining Kareena on screen, this film promises to be a collaborative masterpiece! — Vedant KariaWant to get featured in the Try This Today section of My Kolkata?
Source:The Telegraph
July 04, 2024 13:57 UTC
Nitish Kumar's Bihar government cites education lag as quota logic to Supreme Court
“The Bihar Caste Based Survey reveals the educational backwardness of all categories…. Only 14.71 per cent of the total population is up to secondary education and 9.19 per cent is up to higher secondary education. The category-wise data shows some extra efforts by the state to reduce the educational backwardness in all categories. About 90.08 per cent of the illiterate population reside in rural areas, while 9.92 per cent are living in urban areas,” the Nitish Kumar government said. The government argued: “...The state has complied with the binding decisions of this court and then amended the reservation acts.”
Source:The Telegraph
July 04, 2024 12:38 UTC
Michelle Obama addresses calls to announce presidency as new poll declares her ‘only Biden alternative’ to beat Trump
Michelle Obama, the former First Lady of the United States, has addressed the calls to run as the presidential candidate of the Democratic party, replacing incumbent Joe Biden. (AFP)This comes amidst Democrats' concerns regarding the rerun of 81-year-old Biden following his disastrous presidential debate performance and worries around his mental and physical fitness. They believe these concerns may well be resolved if they manage to convince Michelle Obama to declare her candidacy. Is Michelle Obama only Biden alternative to beat Trump? Michelle Obama, 60, is the only potential opponent who can defeat Republican leader Donald Trump in the 2024 White House race, as per a new poll.
Source:Hindustan Times
July 04, 2024 11:39 UTC
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Director Nikhil Nagesh Bhat defends criticism of violent scenes in Kill: 'Criticizing its violence is like criticizing a horror film for scaring people'
Nikhil Nagesh Bhat, the director of the much-anticipated film Kill, recently addressed the criticism surrounding the film's high level of violence. He likened the criticism of the film's violence to criticizing a horror movie for being scary. "Kill is a genre film," Bhat explained. "It’s an extremely violent film, so if it gets criticized for violence, it’s almost like a horror film being criticized for scaring people. He mentioned that director Anurag Kashyap had called Kill the country's best film, adding to the film's accolades.
Source:Indian Express
July 04, 2024 11:30 UTC
India’s Exhibits Relatively Healthy and Resilient External Sector
This column argues that India’s healthy and resilient external sector will help India manage and navigate the volatile and uncertain global environment. This represents more than adequate capacity to service India’s external debt. India’s short-term external debt is about one-fifth of the total, providing a healthy cushion in external debt management. In the two sessions post India’s G-Sec inclusion in JP Morgan’s bond index, Indian markets recorded foreign inflows of INR 33.7 billion (USD 0.41 billion). This article has discussed India’s strong external sector indicators, and suggested areas where more effort is needed.
Source:Economic Times
July 04, 2024 11:13 UTC
Samantha Ruth Prabhu recommends hydrogen peroxide nebulisation; doctor says it can actually be harmful for you
Actor Samantha Ruth Prabhu recently shared a picture of herself trying out an alternate approach to viral medication. One option is to nebulise with a mixture of Hydrogen peroxide and distilled water. Samantha Ruth Prabhu suggested Hydrogen Perxide Nebulisation as an alternate approach to viral medication. Chemical burns:High concentrations of hydrogen peroxide can cause chemical burns to the respiratory tract, leading to severe damage and complications. ALSO READ: ‘Health, science illiterate’: Samantha Ruth Prabhu slammed by ‘Liver Doc’ for hydrogen peroxide nebulisation post
Source:Hindustan Times
July 04, 2024 10:22 UTC
Boy dies of infection caused by rare brain-eating amoeba in Kerala
KOZHIKODE: A 12-year-old boy, who was undergoing treatment for primary amoebic meningoencephalitis (PAM) at a private hospital in Kozhikode, died on Wednesday night. This is the third fatality due to the rare ‘brain-eating’ amoeba infection in the state in the past two months. V Dakshina,13, a resident of Kannur, died of the infection at a hospital in Kozhikode on June 12. The disease is caused by Naegleria fowleri and Vermamoeba vermiformis, brain-eating amoeba found in warm fresh water bodies such as lakes and rivers. The infection occurs when the amoeba enters the body through the nose and travels to the brain, leading to the destruction of brain tissue and swelling.
Source:Indian Express
July 04, 2024 09:58 UTC
House insiders rally behind Kamala Harris to replace Joe Biden in the presidential race
Following Joe Biden's shaky debate performance last week, pressure has mounted for him to withdraw from his presidential campaign, positioning Vice President Kamala Harris as the leading candidate to replace him. Vice President Kamala Harris has been the White House's first line of defense after President Joe Biden's faltering performance in last week's debate with Donald Trump. The White House continues to deny rumours that Biden is reconsidering his campaign, but speculation about a potential replacement has intensified. Sources within Biden’s campaign, the White House, and the Democratic National Committee have indicated that VP Harris is the top contender to take his place. According to a Reuters/Ipsos poll conducted after the debate, one-third of Democrats believe Biden should withdraw, with 81% of Democrats viewing Harris favourably compared to 78% for Biden.
Source:Hindustan Times
July 04, 2024 09:32 UTC
'Kill' director defends violence criticism: Like horror films scaring people
Kill director Nikhil Nagesh Bhat recently opened up about the criticism the film has been receiving due to the amount of violence depicted in it. He said that Kill is a genre film and criticising it on the basis of the violence it shows is akin to criticising a horror movie for scaring people. Speaking to Indianexpress.com, director Bhat said, "If Animal was criticised on one hand, it was also widely appreciated and was a huge blockbuster hit. It’s an extremely violent film, so if it gets criticised for violence, it’s almost like a horror film being criticised for scaring people.”advertisementRead MoreThe filmmaker also spoke about the love the movie has been receiving globally. The director was referring to the praise the film had gotten by director Anurag Kashyap, who had called it country's best film.
Source:Indian Express
July 04, 2024 08:51 UTC
Today’s Stock Recommendation: July 3, 2024
Here’s an interesting stock idea:The stock idea that we have for you today is Jyothy Labs. The stock has risen sharply breaking above a key resistance zone on Tuesday. The charts are looking strong, and the share price can go up further in the coming days. Check out the latest episode of Today’s Pick to learn more. SHARE Copy linkEmailFacebookTwitterTelegramLinkedInWhatsAppReddit
Source:The Hindu
July 04, 2024 08:36 UTC
Paris Olympics: Bengaluru swimmer Dhinidhi Desinghu to represent India
Paris Olympics: Bengaluru swimmer Dhinidhi Desinghu to represent India I am going to Olympics at 14, all sacrifices were worth it: swimmer DhinidhiVartha Bharati | 04-07-2024 | 12:59:00 ISTDhinidhi Desinghu (Indianexpress.com)Bengaluru (PTI): At times, she misses the carefree pleasures her peers enjoy and occasionally experiences a sense of solitude, but all of that has been worth it for 14-year-old swimmer Dhinidhi Desinghu, who is gearing up to fulfil her dream of competing at the Olympics later this month. The Bengaluru swimmer, who studies in class ninth, is set to be the youngest member of the Indian contingent at the Paris Olympics. But then I wanted to swim and I wanted to go to the Olympics," Dhinidhi told PTI Bhasha in an exclusive interview at her residence. At 14, I am going to the Olympics, so all the sacrifices are worth it," she added. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Source:Indian Express
July 04, 2024 08:05 UTC