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Updated: 3 hours 11 min ago

ISRO completes its RLV tech demonstrations

June 23, 2024 - 8:54am
Categories: Business News

At least 39 people killed in Israeli strikes

June 23, 2024 - 6:47am
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Euro 2024 has action, emotion, comedy

June 23, 2024 - 12:06am
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T20 WC: India outclass Bangladesh by 50 runs

June 22, 2024 - 11:38pm
North Sound (Antigua): Hardik Pandya produced an all-round show while Kuldeep Yadav foxed Bangladesh batters with his guile as India all but assured themselves of a semifinals berth through a dominant 50-run victory in their second Super 8 game of the T20 World Cup here on Saturday. Star batter Virat Kohli (37 off 28) found much-needed rhythm before Shivam Dube (34 off 24) and Hardik (50 not out off 27) pushed India to 196 for five, the highest total at this venue so far. Bangladesh could never really challenge India in the steep run-chase and ended up with 146/8 in 20 overs, their second straight loss in the Super 8s. India will meet their match in Australia, the two unbeaten teams so far, in their final Super 8 fixture in St Lucia on Monday. Kuldeep (3/19), who got his opportunity in the Caribbean leg of the competition, made the Bangladesh batters look clueless with the effective use of googly and stock ball. Bumrah (2/13 in four) produced a frugal effort as usual. Bangladesh skipper Najmul Shanto (40 off 32) played some attacking shots including two sixes over fine leg off Hardik but did not get support from others as the batters let the team down once again. After Litton Das (13 off 10) crisply pulled Hardik for a six over deep mid-wicket, the all-rounder had him caught at deep square leg the very next ball. It was a premeditated walk across the stumps from Litton that led to his dismissal. Kuldeep then got into the act and it did not take him long to make an impact. He got rid of opener Tanzid Hasan (29) with a wrong one that the batter failed to pick, trapping him in front of the stumps. Bangladesh's stand out batter so far, Towhid Hridoy, went for a sweep against Kuldeep but missed it completely to be adjudged leg before. After being 76 for three in the 12th over, Bangladesh could only delay the inevitable. Earlier, struggling for runs since his selection in the India squad, Dube once again was slow off the blocks before smoking three sixes to make an impact towards the end of the innings. Hardik provided the final flourish to take the team close to 200. The all-rounder completed his 50 off the final ball of the innings. Skipper Rohit Sharma (23 off 11) was happy to lose the toss at the Sir Vivian Richards Stadium and alongside Kohli (37 off 28), was able to play his shots from the get go unlike the earlier games. Bangladesh started with spinners from both ends, an interesting move against the two right-handers. After three fours and a six, Rohit made room to deposit Shakib Al Hasan over extra cover but ended up mistiming it to be caught. Kohli too meant business with the pick of his shots being the 94m six off Mustafizur Rahman to the cow corner region. He then welcomed leggie Rishad Hossain with a straight six before getting foxed by a slow off-cutter from pacer Tanzim Hasan. Two balls later, the pacer got a delivery to jump off the length, kissing Suyakumar Yadav's gloves for a double strike in the over, leaving India at 83 for three in 10 overs. Rishabh Pant (36 off 24) then brought the momentum back in India's favour by collecting two fours and a six over deep midwicket off Mustafizur who had a rare off day. In the next over, Pant took the attack to Rishad before falling to the reverse sweep for the second consecutive innings. Dube and Hardik then shared a 53-run stand to take the innings forward. Hardik ended up with four boundaries and three sixes while Dube targeted the deep midwicket boundary against the spinners with success, besides hitting Tanzim down the ground for a maximum.
Categories: Business News

NTA panel likely to focus on lack of cadre

June 22, 2024 - 10:48pm
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NEET-PG exam postponed, new date to be out soon

June 22, 2024 - 10:08pm
The ministry of health and family welfare today decided to postpone the NEET-PG Entrance Examination, which was scheduled to be held tomorrow. The ministry said that they will notify the fresh fare at the earliest. The decision, the ministry said that been taken twking into consideration, the recent incidents of allegations regarding the integrity of certain competitive examinations.“Ministry of Health has decided to undertake a thorough assessment of the robustness of processes of NEET-PG Entrance Examination, conducted by National Board of Examination for medical students. It has accordingly been decided, as a precautionary measure to postpone the NEET-PG Entrance Examination, scheduled to be held tomorrow i.e. 23rd June, 2024.,” it said, adding that flesh date of this examination will be notified at the earliest.The ministry said that the decision has been taken in the best interests of the students and to maintain the sanctity of examination process.
Categories: Business News

India, Bangladesh agree on mega project

June 22, 2024 - 6:30pm
Categories: Business News

Dalal Street Week Ahead: Guard profits at higher levels, rotate investments in fatigued market

June 22, 2024 - 5:50pm
The markets consolidated throughout the past week; the week was a shortened one with Monday, June 17, being a holiday on account of Bakri Eid. The past five sessions saw the markets staying in a capped range throughout the day. Even when the Nifty kept marking incremental highs, the intraday trend remained practically absent. The volatility also did not change much as compared to last week. The India Vix inched higher by just 2.79% to 13.18 on a weekly basis. The weekly trading range for the Nifty too remained much capped. The index oscillated in just 268.90 points range before posting a negligible weekly gain of 35.50 points (+0.15%).The coming week is an expiry week for the monthly derivative series. Besides this, over the past sessions, the markets are exhibiting clear signs of fatigue. It has frequently formed weak candles on the daily chart raising possibilities of it taking a breather and showing some measured corrective retracement. Going by the derivatives data as well, Nifty might face strong resistance in the 23,600-23,650 zone. 111191411This would mean that even if modest upsides are seen, a sustained and trending up move cannot be expected unless the zone of 23,600-23,650 is taken out convincingly. Therefore, all moves on the upsideshould be used for guarding profits at higher levels.A quiet start to the trade is expected on Monday; the levels of 23,650 and 23,790 may act as resistance points for Nifty. The supports come in at 23,300 and 23,180 levels. The weekly RSI is at 68.54; it continues to show bearish divergence against the price as it is not marking fresh highs along with the price. The weekly MACD is bullish and stays above the signal line. A spinning top has emerged on the candles. This not only reflects the indecisiveness of market participants but such formations also have the potential to stalling an ongoing uptrend if they are formed near the high point.The pattern analysis shows the Nifty trying to break above the small rising channel that it has formed. However, the Index is seen forming incremental highs but it is unable to achieve a clean breakout. Unless the zone of 23,600-23,650 is taken out convincingly, the markets may find it difficult to have a sustained and trending up move.All and all, the current technical setup shows a lot of indecisiveness, discomfort, and tentativeness of market participants. The present structure warrants that we do not chase the up-moves blindly; instead, unless a trending move takes place, we utilize these moves to guard profits at higher levels. It would be prudent to protect and take profits in the stocks that have run up too hard and rotate the investments into the stocks that are showing promising chart setup along with improving relative strength.While keeping leveraged exposures at modest levels, it is recommended to rotate the investments effectively while maintaining a cautious view on the markets for the coming week.In our look at Relative Rotation Graphs®, we compared various sectors against CNX500 (NIFTY 500 Index), which represents over 95% of the free float market cap of all the stocks listed.111191416111191421Relative Rotation Graphs (RRG) show that the Nifty Metal Index is giving up on its relative momentum while staying inside the leading quadrant. Besides this, the Realty, consumption, auto, and midcap 100 indices are also inside the leading quadrant. Collectively, these groups may relatively outperform the broader markets. The Nifty Infrastructure, PSE, PSU Banks, Energy, and Commodities Index stay inside the weakening quadrant.The Nifty Pharma index has entered the lagging quadrant. Besides this, the services sector Index and IT Index are also inside the lagging quadrant. Services Sector Index appears weaker; however, the IT and the Pharma Index are seen improving their relative momentum against the broader markets.Bank Nifty, Nifty Media, Financial Services, and FMCG indices are placed inside the improving quadrant. (Important Note: RRGTM charts show the relative strength and momentum of a group of stocks. In the above Chart, they show relative performance against NIFTY500 Index (Broader Markets) and should not be used directly as buy or sell signals.)(The author, CMT, MSTA, is a Consulting Technical Analyst and founder ofEquityResearch.asia and ChartWizard.ae.)
Categories: Business News

Security tightened ahead of Amarnath Yatra

June 22, 2024 - 4:27pm
Categories: Business News

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