Tag: thellv

  • Market Update: Sugar Stocks React in Thrilling Trading Session!

    Market Update: Sugar Stocks React in Thrilling Trading Session!

    In New Delhi, trading in sugar shares saw some big changes on Thursday. Triveni Engineering & Industries Ltd. was the top performer, up by a whopping 9.61%! Other companies in the green included Simbhaoli Sugars Ltd. (up 1.34%), DCM Shriram Industries Ltd. (up 1.08%), and Avadh Sugar & Energy Ltd. (up 0.66%).

    On the flip side, EID Parry (India) Ltd. dropped by 1.62%. It wasn’t alone—Magadh Sugar & Energy Ltd. fell by 1.50%, and Ugar Sugar Works Ltd. went down by 1.41%.

    The overall market also had an exciting day, with the NSE Nifty50 index climbing 240.96 points to reach 24,708.4. Similarly, the BSE Sensex rose by 809.53 points, finishing at 81,765.86.

    In the Nifty pack, Tata Consultancy Services (up 2.52%), Infosys (up 2.42%), and Titan Company (up 2.28%) were among the big winners. However, SBI Life Insurance Company saw a decrease of 1.43%, while Bajaj Auto dropped by 1.2%.

    Overall, it was an eventful day for sugar stocks and the market as a whole!

  • Priyanka Chopra’s Production Company Moves to the U.S. – Future Plans Revealed!

    Priyanka Chopra’s Production Company Moves to the U.S. – Future Plans Revealed!

    Priyanka Chopra’s mom, Madhu Chopra, recently shared that Priyanka’s production company, Purple Pebble Pictures, has now moved to the United States. This news comes as people are excited about Priyanka returning to Bollywood movies.

    In an interview, Madhu explained that they won’t be making films in India for a while but hope Priyanka will return to make movies there later. She added that there are currently no plans for new projects.

    Purple Pebble Pictures started in 2016 with a Bhojpuri film called Bam Bam Bol Raha Hai Kashi. It went on to produce several successful movies, including the award-winning Ventilator and Paani. Priyanka acted in some films her company helped produce, like The Sky Is Pink and The White Tiger.

    On her work front, Priyanka just finished filming the second season of Citadel in London. She has new roles in movies like Heads of State, starring alongside John Cena and Idris Elba, and The Bluff, where she plays a former pirate trying to protect her family from her past.

  • RBI’s December Meeting: Interest Rates and Economic Outlook Explained

    RBI’s December Meeting: Interest Rates and Economic Outlook Explained

    The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) will announce important policy decisions on December 6, 2024, at 10:00 am. This three-day meeting, beginning on December 4, is very important because it is the first time in over two and a half years that the MPC will focus more on slowing economic growth.

    The RBI has kept one of its main interest rates at 6.5% during the last ten meetings. They are concerned about high food prices, which are driving inflation up but have also been positive about growth because of good monsoon rains and hopes for increased investments in businesses.

    RBI Governor, Shaktikanta Das, has ruled out cutting interest rates right away, but there are worries that the policies might be slowing down economic activity. Recently, Finance Minister Nirmala Sitharaman and Commerce Minister Piyush Goyal have called for lower borrowing costs to help boost growth.

    Many bond traders think a rate cut is coming soon, as bond yields are falling. Economists like Teresa John believe the RBI will recognize the need for support for the economy and will likely cut rates next year. However, she suggests they might surprise everyone with a cut now.

    The RBI is also expected to lower its economic growth forecasts due to disappointing growth numbers. Economists have reduced their predictions too. For example, Goldman Sachs now expects growth to be only 6% instead of 6.4%. Meanwhile, inflation has risen above the RBI’s target of 4%.

    This situation makes it challenging for the RBI. Changes in food prices have caused inflation to reach 6.2%, the highest rise in over a year. Economists point out that the RBI might lower its annual growth prediction by 0.3% to 0.4% while increasing its inflation forecast.

    There’s also talk that more MPC members may support an interest rate cut, especially since one member already voted for it. This could lead to at least two members voting to lower the key rate to help boost growth.

    Furthermore, the RBI might introduce additional liquidity measures due to recent capital outflows and pressure on the Indian rupee. The rupee has been dropping in value, which means any cuts might further weaken it.

    Liquidity in the banking system is tight due to the RBI’s large interventions and cash outflows. Analysts think the RBI could cut the Cash Reserve Ratio (CRR), which is the amount of money banks need to keep on hand, as a way to signal upcoming monetary easing.

    People are also curious about who will be the next RBI Governor since Das’s term ends on December 10. Last time he was extended, it was announced well in advance.

  • India vs Australia: Second Test of Border-Gavaskar Trophy Begins!

    India vs Australia: Second Test of Border-Gavaskar Trophy Begins!


    Exciting cricket is on the way as the Border-Gavaskar Trophy continues! The second Test match between India and Australia will take place from December 6 to December 10 at the famous Adelaide Oval. This match is special because it will be a day-night game, meaning we’ll watch in the evening under lights!

    After a fantastic victory in Perth, where India beat Australia by 295 runs thanks to amazing bowling, India is feeling strong. But Australia has had some time to prepare and fix their mistakes. They play really well in pink-ball matches at home and will be looking to bounce back.

    India will happily welcome back their captain, Rohit Sharma, who has decided to move down to the middle order. This will help opening batsmen KL Rahul and Yashasvi Jaiswal to shine. Shubman Gill is also coming back into the team. On the Australian side, Josh Hazlewood will not play, and Scott Boland will take his place.

    This Test match at the Adelaide Oval promises to be thrilling, with a chance to level the series and gain points in the World Test Championship.

    Where to Watch:
    – Live Telecast: Available on Star Sports Network.
    – Live Streaming: Available on Niftysta.

  • India’s Bond Yields Drop: Is RBI Poised for Rate Cuts?

    India’s Bond Yields Drop: Is RBI Poised for Rate Cuts?

    Indian 10-year bond yields dropped by 10 basis points after disappointing GDP growth data was released last week. This suggests that investors believe the Reserve Bank of India (RBI) might take steps to help the economy in its upcoming meeting on Friday. Recently, the GDP growth in India slowed down to just 5.4% for the July-September period, a level not seen in seven quarters.

    Analysts think the RBI might lower the cash reserve ratio (CRR), which is currently set at 4.5%. This could potentially free up around Rs 1.1 trillion in the banking system. A reduction in CRR could encourage more investment in bonds and help stimulate economic activity. The gap between the 10-year bond yield and the RBI’s main interest rate has shrunk significantly, signaling that the bond market is expecting potential easing from the RBI.

    Other indicators, like overnight index swaps (OIS) rates, have also decreased by 20 basis points since the weak GDP data came out. The RBI has maintained its policy rates at 6.5% since February 2023. While the central bank has previously been wary of inflation—particularly due to rising food prices—it has shown optimism about future growth thanks to good monsoon seasons and hopes for increased investments.

    According to Suresh Darak, a financial expert, the latest economic data poses a dilemma for the RBI, balancing the need to support economic growth with the ongoing inflation challenges. He mentioned that it will be interesting to see how the RBI navigates this situation in its upcoming decision.

    Interestingly, Nomura, a Japanese investment bank, expects the RBI to implement a full 1% rate cut starting this Friday. This contrasts with most predictions, which suggest the RBI will only cut rates by half of that amount. Nomura believes that even though food prices are rising, other price pressures remain calm, allowing the RBI to focus more on boosting growth.

    The benchmark 10-year bond yield has dropped to a three-year low, and the gap with the repo rate has narrowed significantly, indicating that some form of easing might be on the horizon. Right now, the 10-year bond is priced at Rs 100.7350, with a yield of 6.6837%.

  • Discover the True Face of Saint Nicholas: The Man Behind Santa Claus

    Discover the True Face of Saint Nicholas: The Man Behind Santa Claus

    Scientists have finally revealed the face of Saint Nicholas of Myra, the real man behind the modern Santa Claus, using cool technology. This exciting project happened 1,700 years after he died and involved looking closely at his skull to show us what he may have looked like.

    Saint Nicholas was a Christian bishop famous for his kindness and for giving gifts. He lived during the early days of Christianity. His life inspired the Dutch character Sinterklaas, which eventually led to the English figure of Father Christmas, creating the Santa Claus that many people love today.

    Before this, there weren’t any accurate pictures of him. Cicero Moraes, the main researcher, explained that they made a 3D model of his skull using information collected by Luigi Martino back in 1950. The research team carefully shaped the model, using math and science to make sure it looked real, based on how people generally look.

    Moraes pointed out that the final image shows a strong and kind face, much like what you read in the popular poem “A Visit From St. Nicholas,” better known as “Twas The Night Before Christmas.” The reconstructed face has a broad look and a thick beard, similar to how Santa Claus looks today.

    Co-author Jos Luis Lira talked about how important Saint Nicholas’s story is. He bravely stood up for what he believed in, even when it meant challenging powerful figures like the Roman Emperor. This amazing discovery not only brings Saint Nicholas to life but also helps us see how stories and legends change over time, turning a real person into a beloved symbol celebrated all around the world.

  • Delhi Court Dismisses Duplicate FIR Against Tahir Hussain

    Delhi Court Dismisses Duplicate FIR Against Tahir Hussain

    The Delhi High Court has dismissed a second police complaint against former councillor Tahir Hussain. The court decided that the new complaint was not needed because it was similar to an earlier one. The judge said that it’s unfair to have two cases for the same issue.

    Tahir Hussain faced trouble before, accused of being part of a protest that turned violent. In his new complaint, he claimed he was wrongly blamed. The court agreed that following two FIRs (First Information Reports) for similar claims can cause confusion and is unnecessary.

    In the end, the court’s ruling means that Tahir won’t have to deal with the new case. This decision helps clarify the legal situation for him.

  • BJP Alleges Rahul Gandhi is Working with Foreign Forces Against India

    BJP Alleges Rahul Gandhi is Working with Foreign Forces Against India

    On Thursday, the Bharatiya Janata Party (BJP) made serious claims against Congress leader Rahul Gandhi. They accused him of teaming up with foreign groups and media that they say want to create trouble in India. This happened during a lively Lok Sabha session, which had to be stopped because of loud disagreements from both the BJP and Congress.

    BJP leaders K. Laxman and Sambit Patra used a report from a French media site called Mediapart to back up their accusations. Patra claimed that wealthy businessman George Soros and some US agencies are working with Gandhi to bring instability to India. He stated, “I have no hesitation in saying he (Gandhi) is a traitor of the highest order.”

    Patra also pointed to a report about Brazil stopping a $324 million order for Covaxin, a COVID-19 vaccine. He said Gandhi used old information to blame the government unfairly. He also connected Gandhi’s criticism of the government regarding the Pegasus spyware to the reports by OCCRP, suggesting that it was a planned effort to hurt India’s reputation.

    Additionally, Patra talked about the National Herald case, noting that OCCRP portrayed the legal issues faced by Gandhi and Sonia Gandhi as politically motivated, fitting into a larger anti-India theme. He claimed Gandhi does not want India to progress and aims to cause disruptions in Parliament.

    BJP MP K. Laxman added that Congress and its partners are working with anti-India groups to push their own agendas. Congress has not responded in detail yet, but they have previously described similar accusations as tricks to divert attention.

    These claims are part of the growing conflict between the BJP and Congress, which is heating up as the 2024 general elections approach. The BJP’s statements could impact how the public views these issues, especially as the government repeats its stance against foreign interference in domestic affairs.

  • Nifty Set to Rise: Market Insights and Stock Picks You Need to Know

    Nifty Set to Rise: Market Insights and Stock Picks You Need to Know

    Rahul Sharma, a director at JM Financial Services, has positive news about the stock market. He believes it’s a good time to buy stocks after a little drop, and that we might see the Nifty index reach 24,800 points soon. The Nifty has recently crossed 24,500 points, which is a good sign.

    After gaining around 500-600 points in a few days, the market is now seeing some corrections—a slight drop is normal after such rises. Sharma suggests that during this dip, investors should consider buying stocks. He points out that bank stocks, especially private banks like ICICI and HDFC, are currently looking strong and likely to lead the market in the next week or two.

    Even though today saw some corrections, blue-chip stocks like Infosys, Reliance, and TCS are driving the market higher. Sharma predicts the Bank Nifty could hit 54,000-54,500 in the near future, and the Fin Nifty could reach 25,000-25,200.

    When it comes to private vs. public sector banks, Sharma favors private banks for quick gains. However, he sees potential in public banks too for long-term investments.

    Sharma also recommends several stocks related to financial markets like CDSL, BSE, and Angel One. CDSL and BSE have done well recently, but he advises booking profits in those, while Angel One may continue to rise.

    For pharmaceutical stocks, Divi’s Laboratories is performing well, and he suggests buying it around ₹6,000 with hopes it could rise to ₹6,500.

    Finally, Sharma suggests investing in companies that could benefit from increased spending on infrastructure, like Larsen & Toubro and NTPC, which could provide a return over the next three months as the country’s economy improves.

  • Delhi University: Apply for Controller of Examination by December 19!

    Delhi University: Apply for Controller of Examination by December 19!

    The University of Delhi has opened online applications for the position of Controller of Examination. If you’re interested and meet the requirements, you can apply on the university’s website or through the link below. Don’t forget! The last day to apply is December 19.

    Who can apply?
    The university is looking for motivated candidates who have a strong background in education and administration. To qualify, you should:

    – Have a Master’s degree with at least 55% marks or an equivalent grade.
    – Have 15 years of experience as an assistant professor at the 11th academic level, or 8 years at the 12th level. Experience as an associate professor and in educational administration is also needed.
    – Alternatively, if you have 16 years of administrative experience including 8 years as a deputy registrar or similar at the 12th level, you can apply too.
    – Candidates with experience in conducting university exams will be given preference.

    Important Details:

    – The appointment lasts for 5 years and can be extended.
    – The university prefers applicants under 57 years old.
    – The deadline for qualifications and experience is December 19.

    The application process is fully online, and it’s important to provide accurate information, or else legal action may be taken. If you currently work for the government or a PSU, you need to get a no-objection certificate from your employer.

    For more information and to apply online, click here.