ISRO sends European Space Agency’s Proba-3 mission to space
The Indian Space Research Organisation (ISRO) on Thursday successfully sent the European Space Agency (ESA) Proba-3 Sun observation mission atop the PSLV-C59 launch vehicle into space. The mission lifted off from the First Launch Pad (FLP) at Satish Dhawan Space Centre (SDSC-SHAR), Sriharikota.
Govt setting up 20 new industrial townships nationwide: Piyush Goyal
Commerce and Industry Minister Piyush Goyal said on Thursday that the government is setting up 20 new industrial townships across the country, one of which has already started in Noida. “A lot is happening, and with the active participation of industry, we can
Alternative Investments
Dr K C Gupta, YBB Personal finance ALTERNATIVES or ALTs are becoming popular – physical commodities & futures-based funds, nontraded funds, private-equity or private-credit. Things beyond the listed stocks & bonds are alts. While embraced by institutions & pension funds for years, the
After many decades, Delhi now understands economics under PM Modi: Jim Rogers
Giving Prime Minister Narendra Modi’s economic policies a big thumbs up, Jim Rogers, a veteran global investor known for his expertise and strategic insights, told IANS on Thursday that for decades, the central governments talked about a lot of good things but they
India can become AI chip capital of the world: SoftBank’s Masayoshi Son
As India makes strides in artificial intelligence (AI) and semiconductors, SoftBank’s Founder and CEO Masayoshi Son has said that the country can become the AI chip capital of the world. In a meeting with some leading Indian startup founders in the national capital,
Gautam Adani, nephew Sagar Adani clear of bribery charges as per US DoJ indictment
Adani Group chairman Gautam Adani, nephew Sagar Adani, and senior executive Vneet Jaain are clear of any bribery charges as per the US Department of Justice (DoJ), according to the latest filing with the stock exchanges by a group company, Adani Green Energy
Hyundai Motor to buy back $716 million in shares to enhance shareholder value
Hyundai Motor said on Wednesday it will buy back 1 trillion won ($716 million) worth of its own shares as part of efforts to boost its shareholder value. In the buyback plan approved by the board of directors, Hyundai will repurchase 4.66 million
India, UK need to collaborate in AI, tele-medicine, agri-tech: Piyush Goyal
India and the UK have the potential to further collaborate in fields like artificial intelligence (AI), tele-medicine, climate modelling, and agri-tech to improve the lives of millions of people in both countries, Union Commerce and Industry Minister Piyush Goyal said on Wednesday. Addressing
Air India optimises key domestic metro routes post Vistara merger
Post Vistara integration, national carrier Air India on Wednesday announced an optimisation of its domestic route network that will prioritise deployment of its best narrowbody cabin products on five key metro-to-metro routes, beginning December 1. This will see all flights between select metro
India signs final act of Riyadh Design Law Treaty
India has signed the Final Act of the Riyadh Design Law Treaty adopted by the member states of the World Intellectual Property Organisation (WIPO) after nearly two decades of negotiations, the Commerce and Industry Ministry announced on Tuesday. “By signing the Final Act
US private-sector activity picks up pace as firms look forward to new government: survey
The S&P Global Flash US Composite PMI, which gauges activity in the manufacturing and services sectors, rose to 55.3 in November from 54.1 in October, according to the surveys published on Friday. This accelerates a previously climbing trend and suggests activity is expanding
Personal finance insights: Market sentiments, investment strategies & economic trends
By: Dr K C Gupta, YBB Personal Finance SENTIMENTSAAII Bull-Bear Spread +21.5% (above average)$NYA50R, NYSE %Above 50-dMA 52.13% (positive; sharp drop)$SPXA50R, SP500 %Above 50-dMA 55.00% (positive; sharp drop)Delta MSI 67.6% (positive; lagging) ICI Fund Allocations (Cumulative)OEFs & ETFs: Stocks 61.02%, Hybrids 4.40%, Bonds
Indian MSMEs create about 10 crore jobs in 15 months
The total number of new jobs created by micro, small, and medium enterprises (MSMEs) in the country has gone up by close to 10 crore in the last 15 months, official data recorded on the government’s Udyam portal showed. According to the figures,
20.58 lakh new employees enrolled under ESI scheme in Sept as jobs rise in formal sector
As many as 20.58 lakh new employees were enrolled under the Employees’ State Insurance Corporation (ESIC) scheme during September this year, reflecting the higher number of jobs being created in the organised sector of the Indian economy, according to data released by the
EPFO playing key role in providing social security, financial stability to millions: minister
The Employees’ Provident Fund Organisation (EPFO) has played a pivotal role in providing social security and financial stability to millions of members across the country, Union Minister for Labour and Employment, Dr. Mansukh Mandaviya, has stressed. In his keynote address at an event
Global brokerage CLSA shifts ‘tactical allocation’ to India from China
In good news for the domestic stock market, global brokerage CLSA has shifted its “tactical allocation” to India from China, citing growing concerns over Beijing’s economy and investor sentiment following the US presidential election. In a note titled ‘Pouncing Tiger, Prevaricating Dragon,’ the
Real Estate Stocks & Funds
Dr K C Gupta, YBB Personal Finance REAL ESTATE (RE) stocks & funds are highly rate-sensitive & may be considered bond proxies although they are more volatile. In RE, much of the depreciation is available for distribution, so RE has its own unique
Apple iPhone exports from India hit record Rs 60,000 crore in April-Oct
In a new record, Apple has reached almost Rs 60,000 crore in iPhone exports from India in the first seven months of the current fiscal (FY25). During the April-October period, the Cupertino-based tech giant exported iPhones worth nearly Rs 60,000 crore (over $7
Government efficiency ‘czar’ Musk to cut a lot of waste in US govt: Mark Mobius
With Elon Musk leading the new Department of Government Efficiency (DoGE) under Donald Trump’s presidency in the US, the tech billionaire will be able to cut down on a lot of waste in the US government, ace global investor Mark Mobius has said.
South Korea to address Trump-related uncertainties, upgrade FTAs
South Korea will proactively address changes in the global trade environment ahead of the launch of the new US administration, while upgrading existing trade pacts with key partners to maintain export growth, the industry ministry said on Wednesday. The Ministry of Trade, Industry,