RASAYAN SHASTRA FOR COMPETITIVE EXAMS: February 2019

Thursday, February 28, 2019

Washing workers' feet no political gimmick but 'sanskar': Narendra Modi

PM Modi said people dubbing his act as a political gimmick do not know him well.

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Darkening economic outlook threatens to cap oil price in 2019: Reuters poll

A Reuters survey of 36 economists and analysts on Thursday forecast Brent crude oil futures to average $66.44 a barrel in 2019, slightly below the $67.32 projected in January's poll.

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ISO trim forecast for 2018/19 global sugar surplus

The inter-governmental body, in a quarterly report, said the smaller surplus was mainly due to diminished outlooks for production in Brazil and the European Union which was partially offset by an upward revision for Thailand.

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Samsung Galaxy A10, Galaxy A30, Galaxy A50 launched in India: Price, specs, availability

The Galaxy A series is Samsung’s bet to compete with Chinese brands like Oppo and Vivo in the mid-budget smartphone category. All three phones run on the Android Pie based Samsung One UI.

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LIVE | Captive IAF pilot Abhinandan to be freed by Pak tomorrow, will cross over at Wagah

Live updates of developments after IAF struck JeM's terror camp in Balakot on Feb 26. Pakistani Prime Minister Imran Khan has said that IAF pilot Abhinandan will be released tomorrow

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Hold Axis bank; target of Rs 789: Arihant Capital

Arihant Capital recommended hold rating on Axis bank with a target price of Rs 789 in its research report dated January 31, 2019.

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Hold Hero Motocorp; target of Rs 3120: Arihant Capital

Arihant Capital recommended hold rating on Hero Motocorp with a target price of Rs 3120 in its research report dated February 01, 2019.

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Hold Tata Motors; target of Rs 159: Arihant Capital

Arihant Capital recommended hold rating on Tata Motors with a target price of Rs 159 in its research report dated February 08, 2019.

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Future Retail's inorganic expansion spree continues with 7-Eleven tie-up

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Buy NTPC; target of Rs 178: Arihant Capital

Arihant Capital is bullish on NTPC has recommended buy rating on the stock with a target price of Rs 178 in its research report dated January 31, 2019.

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'Peak pessimism factored in, normalisation to follow - time to hold on'

Investors must focus on moving up the market cap curve and maintain a stronger bias towards debt free companies with strong cash flows

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Pakistan to release IAF pilot Abhinandan Varthaman tomorrow as 'peace gesture': PM Imran Khan

The surprise announcement came barely an hour after Foreign Minister Shah Mehmood Qureshi said that Prime Minister Imran Khan is ready to talk to Indian Prime Minister Narendra Modi to de-escalate Indo-Pak tensions.

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IAF pilot Abhinandan is coming home tomorrow, Pakistan PM Imran Khan confirms release

Wing Commander Abhinandan was captured by Pakistan on February 27

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Technical View: Nifty forms 'Bearish Belt Hold' pattern, may reclaim 11,100 in March series

Chandan Taparia of Motilal Oswal Financial Services said now the index has to continue to hold above 10,750 zones to extend its move towards 10,888 then 10,929 zones.

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LIVE | Pak PM Imran Khan confirms captive IAF pilot Abhinandan will be released tomorrow

Spotify's entry into the Indian music streaming market bodes well for listeners

Spotify was launched in India recently and will compete with apps like Apple Music, JioSaavn, Amazon Music and Gaana.com.

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Jaitley hopeful of more banks coming out of PCA

Reasoning that the banks were adequately capitalized to absorb any loss and had shown improvement in their financial performance, the board of the RBI decided to take out all the six banks from the PCA restrictions

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Tata Motors launches 2019 edition of Hexa, price starts at Rs 12.99 lakh

The updated model now comes with various additional features like a seven-inch touchscreen infotainment system with android auto connectivity across variants.

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Now, an insurance cover to protect contents of your bank locker

The policy offers seven options of sum insured ranging from Rs 3 lakh to Rs 40 lakh and above

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British Airways announces huge Boeing order

BA-parent IAG said its British carrier would purchase 18 Boeing 777-9 planes, while an option for a further 24 of the US aircraft could bring the total cost to $18.6 billion (16.3 billion euros) at list prices, before the usual heavy discounts are factored in.

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Under fire, B S Yeddyurappa says no question of seeking electoral gains from air strike

Chief Minister H D Kumaraswamy and Congress legislature party leader Siddaramaiah slammed Yeddyurappa for looking at political gains on an issue involving national security and interest.

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No nation has ever prospered by putting price control: BS Ajaikumar, Healthcare Global

"There will be no investments in research and the quality of medicines will be affected," said BS Ajai Kumar, CEO of Healthcare Global Enterprises.

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Buy Ratnamani Metals; target of Rs 1000: ICICI Direct

ICICI Direct is bullish on Ratnamani Metals has recommended buy rating on the stock with a target price of Rs 1000 in its research report dated February 01, 2019.

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Buy BlueDart Express; target of Rs 3650: ICICI Direct

ICICI Direct is bullish on BlueDart Express has recommended buy rating on the stock with a target price of Rs 3650 in its research report dated February 01, 2019.

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It is time to become 'swadeshi' appreciate entrepreneurship: Nilesh Shah

We have made most parts of India, other than Kashmir free of terror, but we need to find a solution to Kashmir problem. We have done well in IT services but need to do as well in manufacturing.

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GAIL India gains 2% after Reliance Securities initiates coverage with buy call

Reliance Securities expects GAIL to witness a strong free cash flow generation of Rs 8,000 crore over FY19-FY21.

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Buy Hero MotoCorp; target of Rs 3000: ICICI Direct

ICICI Direct is bullish on Hero MotoCorp has recommended buy rating on the stock with a target price of Rs 3000 in its research report dated February 01, 2019.

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Naveen Patnaik prays for safe return of IAF pilot

The Odisha CM had earlier congratulated the Indian Air Force for its pre-dawn air strike on terror camps in Pakistan.

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Increasing exports can lead to better jobs, higher wages in India: Report

Labour market policies can help different groups of workers acquire the right skills and ensure that the gains of increased exports are shared more broadly across society, said the report jointly released by the World Bank and the International Labour Organization.

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Buy Siyaram Silk Mills; target of Rs 410: ICICI Direct

ICICI Direct is bullish on Siyaram Silk Mills has recommended buy rating on the stock with a target price of Rs 410 in its research report dated February 01, 2019.

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Buy Ashoka Buildcon; target of Rs 150: ICICI Direct

ICICI Direct is bullish on Ashoka Buildcon has recommended buy rating on the stock with a target price of Rs 150 in its research report dated February 01, 2019.

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State govts should not look at aviation sector through centre versus state prism: Suresh Prabhu

Prabhu said that the central government's regional connectivity scheme "UDAN would never have taken off and would have still been grounded had there been no state participation".

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Buy Dabur India; target of Rs 500: ICICI Direct

ICICI Direct is bullish on Dabur India has recommended buy rating on the stock with a target price of Rs 500 in its research report dated February 01, 2019.

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Amid India-Pak stand off, #SayNoToWar trends on Twitter

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Buy Bharti Airtel; target of Rs 380: ICICI Direct

ICICI Direct is bullish on Bharti Airtel has recommended buy rating on the stock with a target price of Rs 380 in its research report dated February 04, 2019.

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IRCTC launches payment aggregator, IRCTC iPay

Under this new arrangement, IRCTC will have full control of the payment system because of its direct relationship with acquiring banks, card networks and other partners.

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AirAsia announces launch of new technology centre in Bengaluru

The move is a part of the global initiatives that the company is exploring to drive its digital transformation, a release said.

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'No question of deal', India demands immediate release of captive IAF pilot

Sources said Pakistan was trying to create war psychosis

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Singaporean lender DBS to operate as wholly-owned subsidiary in India from March 1

DBS, which was the first bank in India to launch digital-only operations as Digibank in 2016, has already received approval from the Reserve Bank of India for the wholly-owned subsidiary.

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BMW, Daimler pool resources on highly automated driving tech

BMW and Daimler on February 28 said they will jointly develop a scalable architecture covering several stages of automation including for technology to enable automated driving on highways.

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Some Facebook content reviewers in India complain of low pay, high pressure

They are part of a 1,600-member team at Genpact, an outsourcing firm with offices in Hyderabad that is contracted to review Facebook content.

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Indo-Pak tension may lead to polarised voting in elections: Raamdeo Agrawal

On OMCs, Agrawal said: "OMCs are running a monopolistic business. It's a 24/7, 365 days business and it’s an ultimate retail and making 2 percent on their sales is not too much to ask for."

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Pakistan's Peshawar High Court judge ambushed on way to court; critical

The assailants opened indiscriminate fire at the vehicle of Justice Muhammad Ayub Marwat in the upscale Hayatabad area when he was going to the court, senior police officer Wasim Riaz said.

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Have not asked for consular access to IAF pilot, want him back immediately: India

They asserted that there was no question of any deal on the return of Wing Commander Abhinandan Varthaman.

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Ready to return pilot to ease India tension: Shah Mahmood Qureshi

Shah Mahmood Qureshi said that the Saudi foreign minister was expected to visit Pakistan with a special message from Crown Prince Mohammed Bin Salman

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Market Live: Indices volatile on expiry day; TCS, RIL most active

Except IT and auto, all other sectoral indices are trading in positive.

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Comment | Resilient markets can push indices to new high

A series of negative news flows have not been able to push markets lower.

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Quirky tech at MWC 2019 that isn't a smartphone

Despite its name, the Mobile World Congress isn’t only about mobiles. There’s a ton of cool new tech on display at the event.

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Mobile app development could be the hottest tech job right now

Mobile application development, be it Android or iOS, is the hottest skill right now given the amount of mobile apps we use on a day-to-day basis. There is one for booking tickets, ordering food, cleaning house and anything else you can think of.

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LIVE | India makes stand clear: No question of any deal, want immediate release of captive pilot

Live updates of developments after IAF struck JeM's terror camp in Balakot on Feb 26. US Secretary of State Mike Pompeo spoke to NSA Ajit Doval and extended full support against cross-border terror

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Dassault Aviation eyes growth for 2019 as 2018 profits rise

The maker of Rafale warplanes and Falcon business jets said its 2018 operating profits had surged 87 percent from the previous year to 669 million euros ($761 million), while net sales rose 4.3 percent to 5.08 billion euros.

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Reporter's Take | MNCs want to explore political risk covers for India

Vaibhavi Khanwalkar gets in conversation with Moneycontrol's M Saraswathy to find out why MNCs are looking for political risk covers.

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Pakistan Foreign office says IAF pilot 'safe and healthy', to take decision on POW status 'in couple of days'

On February 27, Pakistan detained the IAF pilot following a fierce engagement between air forces of the two sides along the Line of Control (LoC) in which a Pakistani jet was downed.

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CF Moto tests 250NK and 650 MT adventure tourer in India

Both the bikes have been spotted on Indian streets.

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LIVE | India makes stand clear: No question of any deal, want immediate release of captive pilot

D-Street Buzz: Nifty Metal outperforms led by Vedanta; Eicher Motors sheds 2%, TCS most active

The breadth of the market favoured the advances with 1076 stocks advancing and 598 declining while 391 remained unchanged. On the BSE, 1426 stocks advanced, 936 declined and 148 remained unchanged.

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Air traffic significantly heavy over Mumbai region on February 27 night: AAI

Pakistan's civil aviation authority on February 27 announced closure of their airspace in the wake of the escalating tensions with India.

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Mohammad Azharuddin may pad up to take on Asaduddin Owaisi in Hyderabad Lok Sabha seat

The former India captain is the top pick of the Telangana Pradesh Congress Committee (TPCC) for the constituency. It has shortlisted candidates for all the 17 Lok Sabha segments in Telangana, party sources said.

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Shah Mehmood Qureshi makes 'urgent' phone call to Chinese FM, briefs him on Indo-Pak tensions

During the phone call, Wang briefed Qureshi on China's efforts to promote peace talks and reiterated his hope that Pakistan and India would exercise restraint and "earnestly fulfil" their commitment to prevent the escalation of the situation, the Chinese Foreign Ministry said in a statement.

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SC stays its February 13 order directing eviction of 11.8 lakh forest dwellers

The apex court posted the matter for further hearing on July 10.

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Rupee trades higher at 71.05 per dollar

Today, USD-INR pair is expected to quote in the range of 71.05 and 71.70, says Motilal Oswal.

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Omar Abdullah slams PM Modi for his mega video-conference with BJP workers

The prime minister on Thursday had direct dialogue with BJP workers and volunteers as part of the party's mera booth 'Mera Booth Sabse Mazboot' programme through, what the party claims, the "world's largest video conference".

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Foodgrains production may fall 1% to 281.37 MT: Agriculture Ministry

"Total foodgrains production in the country is estimated at 281.37 MT," the union agriculture ministry said in a statement while releasing the second advance estimates for 2018-19.

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Tripura likely to see a business boom but challenges remain

Chief Minister Biplab Kumar Deb is optimistic about improving the quality of rubber production as well as the yield.

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Donald Trump says US has some 'reasonably decent' news on reducing Indo-Pak tensions

In his opening statement at a press conference at the end of his second summit with North Korean leader Kim Jong-un here, Trump said the US has some "reasonably attractive news" from Pakistan and India.

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Ideas for Profit | After recent troubles, which housing finance companies offer value?

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India, Latin American nations have huge potential to boost trade ties: Commerce Ministry

Quoting Commere and Industry Minister Suresh Prabhu who addressed diplomats of the Latin America and Caribbean (LAC) Strategic Economic Cooperation here Wednesday, it said there is a need for a multi-pronged strategy to enhance bilateral trade in merchandise and services.

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Business could boom big time in Tripura, but challenges remain

Chief Minister Biplab Kumar Deb is optimistic about improving the quality of rubber production as well as the yield.

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Market Live: Nifty around 10,850, Sensex up 100 pts; Vedanta, Coal India major gainers

Except IT and auto, all other sectoral indices are trading in positive.

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Kotak lists 3 problems plaguing market as many stocks fall in double digits

The actions of certain Indian companies and groups to manage their overall debt (of listed and unlisted entities) over the past few weeks have resulted in serious erosion in the market capitalization of the stocks.

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Saudi Arabia ambassador meets PM Modi

An IAF pilot was captured by Pakistan after an air combat Wednesday. Both sides said they shot down each other's warplanes.

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Top smartphones, gadgets from Mobile World Congress 2019

MWC 2019 showcased interesting phones and gadgets. Take a look.

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Best companies gain share in challenging environment: Siddharth Sedani

The coming months will involve some volatility, for sure, due to the upcoming general election

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Samsung Galaxy M30 with triple-rear camera, 5000 mAh battery launched in India: Price, specs, availability

The smartphone directly competes with the Redmi Note 7 and comes with features such as triple rear-camera setup, Infinity U-display, massive 5,000 mAh battery.

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Pakistan's claim of not targeting Indian military installations false: Defence Ministry

They said that the Pakistani jets clearly targeted multiple military installations in Naushera and Rajaouri sector, but their attempts were foiled by the combat patrol team of the Indian Air Force.

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Deciphering NSE's crackdown on financing schemes used by deep in-the-money option players

A new circular from NSE changes the financing game for people who've been using the options market for financing deals.

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India's working hours one of the longest among global peers: NSSO report

Workers in Indian cities worked for 53-54 hours and those in villages worked 46-47 hours in a week during the July-June 2018 period.

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Future Group to bring iconic 7-Eleven convenience stores to India

The first 7-Eleven convenience store in India, marking the company's entry into the country, is expected to open in 2019.

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Communities have weakened amid strengthening markets and governments: Raghuram Rajan

Rajan said that the only solution is a fundamental change.

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Symphony rallies 6% after Axis Securities initiates coverage with buy, sees 36% upside

The brokerage believes Symphony would be big beneficiary of rising temperature across globe due to global warming and changing weather patterns.

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Opposition 'mahagatbandhan' will send country to ICU: PM Narendra Modi

Addressing BJP workers across the country, he suggested that a loss for the party, like in 2004, will jeopardise development works and ease of corruption will replace ease of doing business.

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Extensive talks with US officials, reconvening on March 2: Taliban

The US special peace envoy Zalmay Khalilzad said in a tweet that the meetings in Doha were productive.

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Donald Trump accuses former lawyer Michael Cohen of lying in his testimony

Donald Trump insisted that Cohen's testimony on February 27 had provided no evidence of collusion by the Trump campaign with Russia in the 2016 US election.

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Delhi court to hear sedition case against Kanhaiya and others even without government sanctions

The court listed the matter for further hearing on March 11.

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India-Pak standoff: MNCs explore political risk cover for their facilities

This insurance will provide coverage for any commercial loss due to political instability or attacks.

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No new summit planned with Kim Jong Un: Donald Trump

Trump has not agreed to another summit with North Korea's Kim Jong Un after their second meeting ended in Hanoi with no concrete progress.

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Podcast| Pick of the day - IAF’s airstrikes on Balakot and the unfolding aftermath

India described its action as a “non-military pre-emptive strike" against JeM, a UN-proscribed terrorist group. This marks a transition in anti-terrorism in India from a defensive posture to an offensive one.

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LIVE: India will live and work, fight and win as one, says PM Narendra Modi

Mobile World Congress 2019: The 5G smartphone revolution is in full force at Barcelona

The 5G revolution is well underway at the Mobile World Congress. Leading smartphone manufacturers are delivering revolutionary handsets that can tap into the true potential of 5G.

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Market Live: Sensex, Nifty flat on expiry day; IT stocks under pressure

All the sectoral indices are trading in green led by PSU bank, auto, energy and FMCG.

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Abu Dhabi's ADIA unit partners with Kotak Investment to launch fund

The fund will target a range of non-performing loan (NPL) opportunities in India, ADIA said in a statement.

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'Mid and smallcaps unlikely to reclaim highs for at least 15-18 months'

For the stocks that have fallen significantly in recent times on account of slump sale, investors may consider buying, only if they fully understand why they are entering the trade and see a big value

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Captive Wing Cdr Abhinandan's father was consulted on a film about an IAF officer's escape from Pak jail

While the nation hopes for the safe return of Wing Commander Abhinandan Varthaman who is now in the custody of Pakistan Army, it is hard to dismiss the similarities between reel and real right now.

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Goldman Sachs cuts chances of no-deal Brexit to 10%

Analysts at the US investment bank on February 28 raised the chances of an extension to Article 50 to 55 percent from 50 percent, while keeping unchanged at 35 percent the probability of a "no Brexit" scenario.

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Donald Trump says he refused North Korean demand to lift sanctions

"It was about the sanctions," he told reporters after the summit ended without a joint statement. "Basically, they wanted the sanctions lifted in their entirety, and we couldn't do that."

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Former envoy to Pakistan confident of captured IAF pilot Abhinandan Varthaman's return

Abhinandan Varthaman was captured by Pakistan on February 27 after his plane was shot down.

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Here's How Mint May Help Improve Digestion Naturally

Mint is one of the oldest and most trusted traditional remedies to soothe an upset tummy, flatulence, gas or indigestion.

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Lip Care: Use These Natural Ingredients To Get Soft And Supple Lips

How many of you have ever given it a thought that we need to take care of our lips just as we take care of our rest of the body? There is no denying the fact that besides our hands, feet, face, and...

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Ginger Oil: Fighting Inflammation And Other Healing Health Benefits Of The Oil

The essential oils from ginger root can be extracted and used for a number of culinary and medication purposes. Here are some benefits and uses of ginger oil.

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Wednesday, February 27, 2019

Railways starts displaying reservation charts, vacant seats online

Railway Minister Piyush Goyal said Wednesday that the reservation charts will now be available for public viewing on the internet and will facilitate the prospective passengers in getting the information of the vacant berths available in the train after the preparation of the chart.

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Peugeot to bring electric cars in its India debut in 2021

PSA invested in developing a modern vehicle platform called Common Modular Platform

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With Aadhaar out-of-bounds, payments industry wants RBI to allow them use facial-recognition tech for KYC mapping

The apex court verdict last year had made it impossible for the electronic payments industry to use the Aadhaar data for customer onboarding, necessitating an urgent search for alternatives.

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PM Modi launches Khelo India App

The application, developed by SAI as part of the Khelo India Scheme, aims to further the Prime Minister's vision to develop the sporting ecosystem in India and turn it into a global sporting superpower in the years to come.

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NPPA fixes prices of 36 formulations

In a notification, the National Pharmaceutical Pricing Authority said it has fixed retail prices of 22 formulations and has revised ceiling price of 14 formulations.

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Spotify launches music streaming service in India

In January, Spotify had announced a partnership with India's largest music label T-Series, giving it access to a catalog of over 160,000 songs.

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Pricing will remain stable for several quarters, says Cadila

Cadila Healthcare is going to launch over 40 products this year, said Chairman Pankaj Patel.

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Editor's Take | Market reaction to Indo-Pak tensions

Anupa Kujur gets in conversation with Moneycontrol's Shishir Asthana to find out more about how the markets have reacted.

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Banks vote against forensic audit of Jaypee Infratech

Homebuyers have been demanding an independent audit to determine why Jaypee Infratech had failed to deliver the projects.

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Imran Khan claims 2 Indian MIGs shot down; offers talk to defuse tensions

Noting that all wars are miscalculated, and no one knows where they lead to, Imran Khan said that better sense must prevail and the two sides should act with wisdom.

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Civil Aviation Ministry 'strictly' following instructions of IAF: Jayant Sinha

'We are strictly following all guidelines of the Air Force, and we will continue to do that,' Sinha said on the sidelines of an event here.

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LIVE: MEA confirms MiG-21 pilot missing in action, India verifying Pak claims of capture

Live updates of developments after IAF struck JeM's terror camp in Balakot on Feb 26. MEA has confirmed that 1 IAF pilot is missing in action

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ED questioning senior IL&FS officers, consultants who structured 'suspicious' deals

The economic intelligence agency is expected to call consultants who worked with IL&FS groups to understand the structure of the deals.

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Banning of Unregulated Deposit Schemes Ordinance: Bad news for small businesses?

Concerns have been expressed that the law is extremely harsh and will lead to hardship for many individuals, small businesses etc. Doubt have been expressed as to whether personal loans are covered by the ban under the Ordinance

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The risks of moving weak banks out of the PCA framework

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Airlines rerouting flight operations to avoid Pak airspace, domestic operations resume

Flights were also being diverted to Mumbai after operations at Delhi airport were disrupted.

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Buy Firstsource Solutions; target of Rs 55: ICICI Direct

ICICI Direct is bullish on Firstsource Solutions has recommended buy rating on the stock with a target price of Rs 55 in its research report dated February 05, 2019.

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The Golden Opulence: What Goes Into Making The $1000 Dessert

The Golden Opulence is an ice-cream sundae that is served at New York's iconic restaurant Serendipity 3, which is world famous for its frozen hot chocolates.

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IND vs AUS 2nd T20I: Tye replaces injured Richardson in Australia squad

Ahead of the 2nd T20I Australian team dealt a blow as Kane Richardson was ruled out. Andrew Tye replaces Richardson

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Opinion | Pakistan has paid a heavy price for supporting terrorists

The economic cost to Pakistan for fanning the flames of religious extremism has been very high.

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Buy Jubilant Life Sciences; target of Rs 905: ICICI Direct

ICICI Direct is bullish on Jubilant Life Sciences has recommended buy rating on the stock with a target price of Rs 905 in its research report dated February 05, 2019.

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Buy Grindwell Norton; target of Rs 625: ICICI Direct

ICICI Direct is bullish on Grindwell Norton has recommended buy rating on the stock with a target price of Rs 625 in its research report dated February 05, 2019.

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Buy Titan Company; target of Rs 1140: ICICI Direct

ICICI Direct is bullish on Titan Company has recommended buy rating on the stock with a target price of Rs 1140 in its research report dated February 04, 2019.

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Task force on new direct tax legislation seeks 2-3 months extension from FM Jaitley

The task force headed by Central Board of Direct Taxes member Akhilesh Ranjan was expected to submit the report on February 28.

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City gas bidding result: Who gains what?

Allocation of complementing geographies stands as a positive for the downstream gas companies and would facilitate higher utilisation of the existing infrastructure, thereby bringing added operating efficiencies in the long term

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India shot down Pakistani jet, 1 IAF pilot missing in action: MEA

The MEA Spokesperson said that in an aerial engagement, one PAF fighter aircraft was shot down by a MiG 21 Bison of the Indian Air Force

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Buy State Bank of India; target of Rs 340: ICICI Direct

ICICI Direct is bullish on State Bank of India has recommended buy rating on the stock with a target price of Rs 340 in its research report dated February 04, 2019.

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CPI, CPI(M) to meet on March 2 to discuss poll pact in Telangana

The CPI and CPI(M) had gone separate ways in the December 7, 2018 Assembly elections in Telangana.

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BHEL pays 40% interim dividend for FY19

This is the highest dividend paid by BHEL in a single year, in the last five years.

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Indians professionals feel work-life balance gone for toss in hyper-connected world: Report

Close to 45 percent of respondents from non-metro cities rated their work life balance as anywhere from average to terrible.

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'Majority of air pollution deaths in India linked to diesel vehicle emissions'

On-road diesel vehicles were responsible for nearly half of the health impacts of air pollution from vehicles worldwide in 2015.

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Pakistan used its Air Force to target India's military installations, bid foiled: MEA

In a very brief press statement, External Affairs Ministry Spokesperson Raveesh Kumar, accompanied by Air Vice Marshal R G K Kapoor, also said details are being ascertained about Pakistan's claim of having captured one Indian pilot.

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Railways issue security alert across network

Security has been beefed up on board all trains operating in border areas and on railway premises, senior official of the Railway Protection Force said.

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Helicopter carrying Nepal's Tourism Minister Rabindra Adhikari, five others crashes

The two other passengers were Birendra Prasad Shrestha, Deputy Director General of Civil Aviation Authority of Nepal, and Arjun Kumar Ghimire.

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Indians professionals feel work-life balance has gone for a toss in a connected world: Report

Close to 45 percent of respondents from non-metro cities rated their work life balance as anywhere from average to terrible.

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Buy Greaves Cotton; target of Rs 140: ICICI Direct

ICICI Direct is bullish on Greaves Cotton has recommended buy rating on the stock with a target price of Rs 140 in its research report dated February 05, 2019.

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Comment | Repeated extensions of KYC deadline for e-wallets is no solution

The cost of physical KYC is very high and cumbersome. The government must permit e-wallets to access CKYCR.

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Closing Bell: Sensex, Nifty end lower amid Indo-Pak tensions; Bharti Airtel gains 2%

At close, the Sensex was down 68.28 points at 35905.43, while Nifty was down 28.60 points at 10806.70.

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Civil Aviation Ministry 'strictly' following instructions of IAF: Jayant Sinha

Services at nine airports, including Srinagar, Jammu and Leh, in north India were temporarily suspended in view of hightened tensions between India and Pakistan.

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Buy Pokarna; target of Rs 225: ICICI Direct

ICICI Direct is bullish on Pokarna has recommended buy rating on the stock with a target price of Rs 225 in its research report dated February 05, 2019.

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Retailers Association demands national policy for internal trade from DPIIT

The industry body thinks that the sector is plagued with business challenges such as inadequate physical infrastructure and complex regulatory environment

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Buy Vardhman Textiles; target of Rs 1200: ICICI Direct

ICICI Direct is bullish on Vardhman Textiles has recommended buy rating on the stock with a target price of Rs 1200 in its research report dated February 08, 2019.

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Pakistan's dollar-bonds weaken on India tensions

Bonds maturing in 2027 and 2036 dropped, with the 2036 issue down 2.4 cents according to Tradeweb data.

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Operations at 9 airports have resumed as of now: DGCA

The DGCA on Wednesday issued a notice to airmen (NOTAM), saying flight operations at the airports in Srinagar, Jammu, Leh, Pathankot, Amritsar, Shimla, Kangra, Kullu Manali and Pithoragarh will remain shut from February 27 to May 27.

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Buy Cadila Healthcare; target of Rs 370: ICICI Direct

ICICI Direct is bullish on Cadila Healthcare has recommended buy rating on the stock with a target price of Rs 370 in its research report dated February 08, 2019.

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LIVE: MEA confirms MIG-21 pilot missing in action, India verifying Pak claims of capture

Live updates of developments after IAF struck JeM's terror camp in Balakot on Feb 26. Pak jets violated Indian airspace in J&K’s Nowshera sector on Feb 27 but were pushed back

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Rain Industries locked in lower circuit after the loss in Q3FY19

At operating level, EBITDA (earnings before interest, tax, depreciation and amortisation) plunged 82.9 percent year-on-year to Rs 118.1 crore and margin contracted 1,850 basis points to 3.4 percent in Q3.

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Buy Mangalore Refinery; target of Rs 75: ICICI Direct

ICICI Direct is bullish on Mangalore Refinery has recommended buy rating on the stock with a target price of Rs 75 in its research report dated February 08, 2019.

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Pakistan summons Indian diplomat over 'ceasefire violations'

The firing on February 26 in Nikial and Khuiratta sectors resulted in the killing of four civilians, including three women.

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LIVE: DGCA withdraws airport shutdown order, flight services to resume

Buy Phoenix Mills; target of Rs 775: ICICI Direct

ICICI Direct is bullish on Phoenix Mills has recommended buy rating on the stock with a target price of Rs 775 in its research report dated February 11, 2019.

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Podcast | Digging Deeper: Should companies hire a generalist or a specialist CEO?

Should you be the Jack of all trades or master of a particular skill if you aspire to be a CEO? Find out in this episode of Digging Deeper

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DoT to carefully study issue around Chinese telecom gear makers

The comments come at a time when developed markets like the US, Australia and New Zealand have taken a position against the use of equipment by Chinese vendors, particularly Huawei.

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Did not issue statement on India, Pakistan clashes: Taliban

Zabiullah Mujahid said that the group has not issued any press statement about the ongoing clashes between India and Pakistan.

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Russia and Syria tell US forces to leave Syria

The statement, released by Russia's Ministry of Defence, said Russian and Syrian forces had prepared buses to relocate refugees at the camp in the Rubkan area and would guarantee them safe passage so they could start new lives.

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D-Street Buzz: Bank Nifty in red dragged by ICICI Bank, Kotak Bank; Tata Motors sheds 2%, YES Bank most active

The breadth of the market favoured the declines with 724 stocks advancing and 979 declining while 360 remained unchanged. On the BSE, 1096 stocks advanced, 1360 declined and 155 remained unchanged.

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Top security, intelligence officials meet at PMO

National Security Advisor Ajit Doval, senior officials of the Indian Navy, Army and the Air Force and other security officials were holding a meeting to discuss the current security situation, they said.

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Huawei, Samsung agree to settle patent dispute in US court

The two companies filed a joint motion to a U.S. appeals court on Tuesday to pause court proceedings over their intellectual property disputes because they have entered into a settlement agreement on February 25.

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Market Live: Volatile trade continues on D-St with Nifty below 10,800; Tata Motors slips 2%

All sectoral indices have turned into the red. Nifty IT is the most hit, down over 1%.

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Congress postpones its CWC meeting slated to be held in Ahmedabad on February 28

"In view of the prevailing security situation, the Congress leadership has decided to postpone its meeting of the working committee slated to be held in Ahmedabad on Thursday," Congress' Chief spokesperson Randeep Surjewala said.

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30 stocks fall 60-90% from their record highs. Do you own any?

Sameer Kalra of Target Investing said it is right time to identify the investable mid cap & small cap stocks which can be filtered on certain criteria.

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If US can carry out Abbottabad-like op to kill Osama Bin Laden, so can India: Arun Jaitley

Earlier in the day, Indian officials said Pakistani fighter jets had violated Indian air space in Jammu and Kashmir's Poonch and Nowshera sectors but were pushed back

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Pakistan dangerous for entire world: Shiv Sena

The Sena, in an editorial in party mouthpiece 'Saamana', said there cannot be peace across the globe until Pakistan is wiped off the world map.

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IOC wins city gas licences for 10 areas; HPCL 9

IOC won city gas distribution licences for nine cities, most of them in Bihar and Jharkhand, on its own and one in a joint venture with Adani Gas, according to a press statement issued by Petroleum and Natural Gas Regulatory Board (PNGRB).

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Buy or Sell | Crucial support for Nifty at 10,743; buy REC, PFC

The upside momentum is likely to accelerate in the coming week once the Nifty crosses the 50-day SMA.

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Govt detects Rs 20,000 cr GST evasion in April-February FY'19

Central Board of Indirect Taxes and Customs Member (Investigation) John Joseph further said the department would soon call a meeting of the representatives of the real estate sector to understand transition issues faced by the sector post reduction in GST rates.

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IAF Air Strike LIVE: Entire airspace north of Delhi vacated; 9 airports closed

Live updates of the developments after IAF struck JeM's terror camp in Balakot. Pakistani jets violated Indian air space in J&K’s Nowshera sector but were pushed back by Indian aircraft on air patrol.

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FDs not long-term option, equities outperformed them in last 15 years: Axis Securities

In the short-term, market fluctuations can be used as an opportunity to average the cost. One should invest in a staggered manner to reduce the risk of timing the market said Arun Thukral, MD & CEO, Axis Securities

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China reiterates call for India and Pakistan to exercise restraint

Pakistan shot down two Indian jets on Wednesday, a spokesman for the Pakistan armed forces said, a day after Indian warplanes struck inside Pakistan for the first time since a war in 1971, prompting leading powers to urge both sides to show restraint.

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Buy Tata Steel; target of Rs 550: ICICI Direct

ICICI Direct is bullish on Tata Steel has recommended buy rating on the stock with a target price of Rs 550 in its research report dated February 11, 2019.

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IAF Air Strike LIVE: Pak F16 jet shot down, airspace shut; Srinagar, Jammu, Amritsar airports closed

Anti-dumping duty on sheets used in solar cells from China, Malaysia, Saudi Arabia, Thailand likely

The commerce ministry's dumping investigation arm Directorate General of Trade Remedies (DGTR) has recommended the duty in the range of USD 537 to USD 1,559 per tonne on imports of "Ethylene Vinyl Acetate sheet for solar module".

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Opinion | Draft e-commerce policy focuses excessively on data

What passes off as a policy draft is a generous sprinkling of digital buzzwords, less than profound observations and an inability to connect the dots across distinct issues such as privacy, data ownership and data security.

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Buy AIA Engineering; target of Rs 1890: ICICI Direct

ICICI Direct is bullish on AIA Engineering has recommended buy rating on the stock with a target price of Rs 1890 in its research report dated February 11, 2019.

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Buy Apollo Hospitals; target of Rs 1400: ICICI Direct

ICICI Direct is bullish on Apollo Hospitals has recommended buy rating on the stock with a target price of Rs 1400 in its research report dated February 11, 2019.

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GST cut to boost sales of under-construction flats; no ITC may hit builders' profit margin: Moody's

The GST Council had on Sunday decided to cut goods and services tax (GST) rate on affordable homes to 1 per cent without input tax credit (ITC) from earlier 8 per cent with ITC.

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Buy Gujarat Gas; target of Rs 145: ICICI Direct

ICICI Direct is bullish on Gujarat Gas has recommended buy rating on the stock with a target price of Rs 145 in its research report dated February 12, 2019.

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Mall supply across Indian cities touches 10 million sq ft

Factoring in the rollover of some supply from 2018, there will be a three-fold jump in 2019.

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100 sugar mills may face SEBI action; crackdown could freeze cane procurement: Report

Private placement norms allow an unlisted company to privately sell shares to a maximum of 49 people

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Oberoi Realty gains 4% after Antique initiates coverage with buy call, sees 29% upside

Antique said leasing risk of Worli Mall, high level of inventory in Mulund micro-market and slow sales velocity of Three-Sixty West are the envisaged downside risk.

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Approval granted for purchase of defence equipment worth Rs 2,700 cr

The meeting of the council, the highest decision-making body for defence purchase, was chaired by Defence Minister Nirmala Sitharaman.

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IHG opens 7 more Holiday Inn Express hotels under partnership with SAMHI

IHG and hotel asset firm SAMHI had entered into a partnership in 2017 to rebrand 14 hotels with around 2,000 rooms, operating and under- construction in India, to Holiday Inn Express hotels.

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Salman Khan hopes to get third time lucky as he launches Pranutan Behl and Zaheer Iqbal

Salman has launched many female leads opposite him.

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Tension escalates a day after IAF air strike: Here's what has happened so far

On February 26, the IAF pounded Jaish-e-Mohammed's (JeM) biggest terror camp in Balakot, across the Line of Control (LoC), in a pre-dawn strike.

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Iran President Hassan Rouhani rejects resignation of foreign minister Mohammad Javad Zarif

Zarif - a US-educated veteran diplomat who helped craft the pact that curbed Iran's nuclear programme in return for sanctions relief - announced his resignation on Instagram on February 24.

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Crude steel output in India at 9.18 million tonne in January: Report

The country had produced 9.354 MT during the same month in 2018, according to worldsteel's latest report.

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Market Live: Indices off day's low with Nifty above 10,800; PSU banks in focus

All sectoral indices have turned into the red. Nifty IT is the most hit, down over 1%.

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Pakistan PM Imran Khan calls meeting of top decision making body on nuclear issues

The National Command Authority controls policy formulation, exercises, deployment, research and development, employment and operational command and control of the country's nuclear arsenals.

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Pakistan minister says next 72 hours crucial

"Pakistan is almost in a state of war mode. Railways is already following emergency situation laws," he said.

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Understanding the pricing game

Many portfolio managers, for instance, claim to be investors, playing the value game, while using pricing screens (PE and growth, PBV and ROE) and adding to their holdings of momentum stocks.

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Stories about Harvard saying 2019 Kumbh Mela was better organised than 2014 FIFA World Cup false

The Harvard report being wrongly referred to spoke about the 2019 Kumbh Mela, which was organised by then UP CM Akhilesh Yadav

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Market Live: Indices fall on Indo-Pak tensions, Pakistani markets crash; India VIX soars

All sectoral indices have turned into the red. Nifty IT is the most hit, down over 1%.

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Army, BSF troops along IB, LoC put on highest degree of alertness: Officials

Authorities have ordered temporary closure of educational institutions in a 5-km radius along the Line of Control (LoC) in Rajouri and Poonch districts on Wednesday amid mounting tensions between the two countries, following the Pulwama terror attack on February 14 and an Indian air strike on Jaish-e-Mohammed camp inside Pakistan on Tuesday.

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Overall negative outlook for real estate sector but stable for tier-1 companies: Report

The market share of the top 11 listed players, India Ratings and Research has analysed, increased to 14 percent in 2018 from 10 percent in 2015.

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No reports of any IAF jet damaged in action by 'India's adversaries', say sources

They added that they were verifying reports that an F16 Pakistani jet had crashed in Lam Valley across the Line of Control.

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Indiabulls Housing Finance declines after Macquarie cuts price target by 29%

Macquarie cut its target price for Indiabulls Housing Finance to Rs 836 from Rs 1,170 apiece.

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Maruti Suzuki launches 2019 edition of Ignis, price starts at Rs 4.79 lakh

The new Ignis is now equipped with co-driver seat belt reminder and high speed alert system along with reverse parking assist system as standard features across all variants.

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Anarock sells flats worth Rs 22,000 cr since April 2017; to be profitable in FY19 with Rs 200 cr revenue

The company achieved a turnover of around Rs 90 crore last fiscal and is likely to more than double its revenue and be profitable in the current 2018-19 fiscal, Anarock founder and Chairman Anuj Puri said.

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Vietnamese carriers sign $21 bn in aviation deals with US firms

Budget carrier Vietjet will buy 100 Boeing 737 jets worth USD 12.7 billion, the airline said, while startup carrier Bamboo Airways signed a deal for 10 787 Boeing Dreamliners for USD 3 billion.

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Tuesday, February 26, 2019

2019 Bajaj Dominar bookings open ahead of March launch

One of the most prominent changes in the tourer is the BS-VI ready engine, which has been refined as per the emission norms.

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Good news! No increase in Jan Suraksha insurance premiums in 2019

Premiums will be fixed at Rs 12 for accident insurance and Rs 330 for term insurance.

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IAF Air Strike LIVE: Sushma Swaraj chairs all-party meeting at Jawaharlal Nehru Bhawan

Live updates of the developments after IAF struck Jaish-e-Mohammed (JeM)'s terror camp in Balakot. In his first public address since IAF’s strike, PM Modi assured countrymen that India is in safe hands.

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Fiscal deficit touches 121.5% of full-year target in January

The fiscal deficit, or the gap between the government's expenditure and revenue, stood at Rs 7.70 lakh crore during April-January of the current financial year ending March.

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IND vs AUS: Have taken lot of heart from almost defending 126 says Krunal Pandya ; Chinnaswamy promises to be a run-feast

India almost defended a sub-par total of 127 in the first T20I

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Relaince Jio to become No.1 telecom operator this year: Reports

Jio reported a revenue of Rs 10,380 crore in October-December quarter, beating Rs 10,060 crore revenue of Bharti, but lagged Rs 11,700 crore of Vodafone-Idea.

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Next level of consumer growth in India via e-commerce: Deloitte

Despite the stress faced by the Indian rupee and the rising crude oil bill, Indiian retail market would grow at a CAGR of 7.8 percent between 2021 and 2026.

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RBI proposes tightening compensation norms for private, foreign banks

The proposed guidelines also said minimum 50 percent of variable pay is to be via non-cash component while mandating a compulsory deferral mechanism for variable pay, regardless of quantum of variable pay.

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Hold TeamLease Services; target of Rs 2845: ICICI Direct

ICICI Direct recommended hold rating on TeamLease Services with a target price of Rs 2845 in its research report dated January 31, 2019.

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Hold NTPC; target of Rs 147: ICICI Direct

ICICI Direct recommended hold rating on NTPC with a target price of Rs 147 in its research report dated January 31, 2019.

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Hold Bajaj Auto; target of Rs 2380: ICICI Direct

ICICI Direct recommended hold rating on Bajaj Auto with a target price of Rs 2380 in its research report dated January 31, 2019.

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Hold Shoppers Stop; target of Rs 545: ICICI Direct

ICICI Direct recommended hold rating on Shoppers Stop with a target price of Rs 545 in its research report dated January 31, 2019.

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Reporter's Take | H1B visa renewals hits slow lane

Vaibhavi Khanwalkar is in conversation with M Saraswathy to discuss the reason behind slowing down of H1B visa renewals.

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Surgical strikes: J&K administration advises people to stay calm, not to believe in rumours

Chief Secretary B V R Subrahmanyam on February 26 asked people to remain stress free and go about their normal activities.

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Hold Indoco Remedies; target of Rs 195: ICICI Direct

ICICI Direct recommended hold rating on Indoco Remedies with a target price of Rs 195 in its research report dated January 31, 2019.

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Buy Indraprastha Gas; target of Rs 381: Motilal Oswal

Motilal Oswal is bullish on Indraprastha Gas has recommended buy rating on the stock with a target price of Rs 381 in its research report dated February 06, 2019.

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3 Point Analysis | Trade Truce Extension: What’s in for world markets?

Sakshi Batra does a 3 point analysis what this development along with progress in other key event risks means for world markets.

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Here's how market reacted after major terrorist and military events in past 20 years

Not all terrorist attacks or military actions lead to losses. Last two decade’s data suggests many-a-times, the market is unaffected by the news of terrorist attacks or military actions, at least immediately

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Watch: Padma Lakshmi's Turmeric Margarita Recipe Can Drive Your Flu Blues Away!

With the winters still around, flu season is also very much so and Padma Lakshmi's turmeric margarita recipe is just perfect for naturally boosting your immunity and driving those flu blues away!

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Mid-cap IT firms see acquisitions as the way forward

Among the recent buys are HCL's acquisition of IBM products for $1.8 billion, and Zensar buying Cynosure for 33 million.

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News in Pics: Your daily dose of pictures from around the world

Moneycontrol brings to you select pictures that are making headlines across the globe

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Forged alliance with BSP to ensure 'netaji' wins Lok Sabha polls with record votes: Akhilesh Yadav

Mayawati and Akhilesh had jointly announced the alliance in January, saying the BSP and the SP will contest 38 parliamentary seats each out of the 80 in Uttar Pradesh.

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Bajaj Avenger Street 180 ABS teased: Launch expected soon

Once it is launched with ABS, the Avenger Street 180 will be pitted against the likes of Suzuki Intruder 150, which already comes with ABS as standard.

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Muzaffarnagar gets three new family courts

The decision was taken in the wake of Allahabad High Court's notification on creating additional family courts in over 15 districts of the state for early disposal of family disputes.

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IND vs AUS: Handscomb wants to don gloves in ODIs, ready to work on fitness

To keep his chances alive for the WC squad Peter Handscomb is ready to keep wickets for Australia

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Foreign shareholding limit in Kotak Mahindra Bank goes up to 45%

RBI had earlier asked the lender to pare promoter Uday Kotak's shareholding down gradually to 15 per cent by March 31, 2020.

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Editor's Take | RBI's bank CEO pay revamp proposal

Vaibhavi Khanwalkar is in conversation with Moneycontrol's Deputy Executive Editor, Ravi Krishnan, to discuss RBI's proposed remuneration norms for CEO's of private and foreign banks.

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Max India may exit health insurance via stake sale to True North; announcement likely on Feb 26

Max India will sell its 51 percent stake to the PE firm

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Now you can file a complaint to DoT on receiving abusive text via WhatsApp

Users can now report fake news or hate messages received on WhatsApp to the DoT.

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Comment |What went behind IAF's air strike against JeM terror camps?

This is as much a triumph of counter-intelligence and masking as it is a military achievement

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MakeMyTrip gets Rs 73.9 crore tax refund

In 2016, central excise authorities had arrested MakeMyTrip Vice-President (Finance) M K Pillai for alleged evasion of service tax, a move that was challenged by the company in the Delhi High Court.

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One person killed, 13 injured after truck and DTC bus collide in central Delhi

Police said the incident took place at around 3.15 am.

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Congress will protect culture, history and language of North East: Rahul Gandhi

Gandhi exuded confidence that the Congress will come to power at the Centre and work towards protecting the identity of the region.

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These 5 Low-Carb Foods May Help Manage Diabetes

Your diet plays an important role in managing diabetes. In fact, your diet and lifestyle are important aspects of diabetes management and treatment.

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India's consumer market estimated to triple to Rs 335 trillion by 2028: Report

The growth is expected to be driven by increasing population, higher affluence, continued urbanisation, and shifting family structures.

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Understanding Social Security Agreements for international workers

India has over the period, signed and operationalized 18 Social Security Agreements with other countries. Benefits such as detachment, exportability of pension, totalisation of benefits and withdrawal of social security benefits are available under these SSAs.

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Rahul Gandhi meets victims of Arunachal Pradesh violence in Guwahati hospital

The doctors informed Gandhi that both the patients were undergoing treatment for compound fractures.

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JeM's Balakot camp head Yusuf Azhar wanted by India in IC-814 hijacking case

Brother-in-law of Jaish chief Masood Azhar, Yousuf Azhar with red corner notice number A-565/6-2000 and Rauf with notice number A-566/6-2000 are key conspirator in the Kandahar plane hijack case.

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ED attaches properties worth Rs 147 crore belonging to Nirav Modi

The properties were attached by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act (PMLA), 2002.

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Surgical strike 2.0: Pakistan vows to respond 'at the time and place of its choosing'

Imran Khan will also engage with global leadership to "expose irresponsible" Indian policy in the region.

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Dabur: Strong execution aids in market share gains, accumulate

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War and markets | Indian markets have not shied away from a fight

Four scenarios for the market after surgical strike 2.0

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Air strike on Pakistan increases Modi chance to return: Analysts

Economists at SBI said the markets is likely to gain after the strikes as they will look at the action as the one which builds a positive deterrence illustrating a decisiveness in our foreign and national security policy.

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Govt must ensure early 5G rollout, make spectrum available at reasonable pricing: Sunil Mittal

He said the telecom regulator TRAI recommended price is very high, as for 5G every operator will require over 100 megahertz.

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Upcoming Yamaha MT-15 vs rivals, Bajaj Pulsar NS200 and KTM 125 Duke

In terms of styling first, the MT-15 looks the most aggressive of the lot. The beefy tank and the split headlight set-up will definitely fetch the most attention on the streets

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Country is in safe hands: PM Narendra Modi

The prime minister also said that he will not let the country down.

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Telecoms industry sees need to tighten network security, regardless of Huawei

The GSMA, which groups 300 operators worldwide, has pushed back against US calls on its European allies to bar Huawei Technologies over concerns the firm is too close to the Chinese state and its equipment may be open to cyber spies.

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Surgical strike 2.0: Who is Yousuf Azhar? All you need to know about the man targeted by IAF airstrikes in Balakot

The camp that was destroyed was the largest JeM camp in Balakot and it was being led by Maulana Yusuf Azhar alias Ustad Ghauri, brother-in-law of the terror group’s leader Maulana Masood Azhar.

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Closing Bell: Nifty ends below 10,850, Sensex falls 239 points; Tata Motors gains 4%

The Sensex was down 239.67 points at 35973.71, while Nifty was down 44.80 points at 10835.30.

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Surgical strike 2.0: Pakistan rejects Indian comments on terror camps, high death toll from air strike

Pakistan's National Security Committee (NSC),including Prime Minister Imran Khan and army chief Qamar Javed Bajwa said that it strongly rejected Indian claim of targeting an alleged terrorist camp near Balakot.

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Message has been sent to them: Defence experts praise IAF's strike

The operation drew reactions from various defence experts including retired officers in the armed forces.

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Pakistan to raise issue of India's 'violation' of LoC at UN, OIC: Report

Shah Mehmood Qureshi briefed the participants of the meeting on the current situation in the wake of Indian air strikes on Jaish-e-Mohammed's biggest camp in Pakistan early on February 26.

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Veto used by member states to block, kill proposals in UNSC Sanctions Committee: India

In the wake of the Pulwama terror attack by JeM against India's security forces, France is expected to soon move a proposal in the Sanctions Committee to ban the head of the UN-proscribed group.

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Delhi's budget is meant for every section of the society: CM Arvind Kejriwal

CM Kejriwal said the Aam Aadmi Party government presented its first budget of Rs 30,000 crore which has now grown to 60,000 crore, showing "good health" of Delhi's finances

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Saudi's Aramco CEO says oil industry facing 'a crisis of perception'

Amin Nasser, CEO of the national oil company of the world's top crude-exporting country, told an industry event in London that demand for oil is expected to increase substantially, driven mainly by the transportation sector.

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Surgical strike 2.0: Here's what we know about IAF airstrikes on JeM terror camps

The Indian Air Force hit major terror camps in Pakistan occupied Kashmir in an airstrike in the wee hours of February 26. Here's all we know so far.

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Market Live: Sensex falls 200 points, Nifty below 10,850; Zee Ent gains 5%

Among the sectors, IT, auto, metal and pharma are witnessing some buying interest, while selling seen in PSU bank, energy and infra space.

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China calls for 'restraint' after India airstrikes on terror targets in Pakistan

When asked for China's response to India's airstrikes on terrorist camps in Pakistan, Chinese Foreign Ministry spokesman Lu Kang told the media here that “we have taken note of relevant reports."

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Kotak Mahindra Bank raises foreign investment limit

The hike in the shareholding limit comes as the private-sector lender grapples with a central bank directive on reducing its Chief Executive Uday Kotak's stake in the bank.

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Surgical strike 2.0: Pakistani villagers say one person wounded in Indian air strike

Pakistani villagers in the area where Indian jets struck said they heard four loud bangs in the early hours of February 26.

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If Pak attacks India with one N-bomb, they could 'finish us by attacking with 20 bombs': Pervez Musharraf

His statement came amid heightened tension between the two nuclear-armed countries after the February 14 suicide attack by Pakistan-based Jaish-e-Mohammad that killed at least 40 CRPF soldiers in Jammu and Kashmir's Pulwama district.

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Anand Rathi, Geofin Comtrade not 'fit and proper' to be commodity derivatives brokers: SEBI

Both ARCL and Geofin Comtrade have also been directed to "cease to act, directly or indirectly" as commodity derivatives brokers, as per the two orders dated February 25.

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Indian e-commerce market to touch $84 billion in 2021: Report

A fast growing economy and robust demographics provide a positive outlook to the consumer businesses in India.

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Gujarat on 'high alert' after IAF strikes destroy JeM camp in Pakistan

The operation, described as a non-military was welcomed by the entire political spectrum and military experts who had been advocating retribution after the February 14 suicide attack on a CRPF convoy in Pulwama claimed by JeM.

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Naveen Patnaik salutes IAF for air strikes on terror camps in Pakistan

In the early hours of February 26, IAF fighter jets successfully destroyed terrorist camps in Pakistan's Balakot in Khyber Pakhtunkhwa province.

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Hyderabad Restaurant Breaks Records For 'Most Biryani Servings Sold In A Year'

Paradise Food Court in Hyderabad won an entry into the 'Limca Book of Records' for 'Most Biryani Servings Sold In A Year'. Here's how many biryanis the restaurant served!

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Buy or Sell | Why you should buy LIC Housing Finance

LIC Housing Finance could be one of the NBFCs which could match housing loan rates of banks.

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5-star Balakot camp was sitting duck target for IAF, 350 terrorists killed while sleeping: Report

They said at least 325 terrorists and 25 to 27 trainers were at the camp, the biggest operated by the Pakistan-based Jaish-e-Mohammad group, which had claimed responsibility for the February 14 suicide attack on a CRPF convoy in Pulwama, Kashmir that killed 40 jawans.

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DMK finalises seat sharing agreement with KDMK

The IUML has been allotted one seat.

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Nagaland government passes resolution against citizenship bill

The opposition MLAs, however, walked out of the assembly, saying they would not support the resolution in its present form.

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India safe under PM Modi's strong and decisive leadership: Amit Shah

India struck Jaish-e-Mohammed's (JeM) biggest camp in Pakistan early on February 26 in a major "preemptive" action killing a large number of terrorists.

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Surgical Strike 2.0: India targets JeM terror camps; here's all you need to know

In this operation, many JeM trainers, senior commanders and groups of jihadis, who were being trained for fidayeen action, were eliminated.

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Max India rallies 10% after report of PE firm buying stake in Max Bupa Health

Max Bupa Health Insurance Company is a joint venture between Max India with 51 percent stake and the UK based healthcare services expert, Bupa with 49 percent stake.

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Balakot air strike brightens chances of Modi 2.0; stay put with quality stocks: Experts

Experts said the tensions between the two nations are not new and markets would take it in their stride and inch higher after a knee-jerk reaction

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CDSCO to consider waiving off clinical trials for orphan drugs

While currently there is no definition on orphan drugs in India, medicines that are used in treatment rare diseases, with less than five lakh patients, typically fall under this category.

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Government to waive off clinical trials for orphan drugs

Podcast| Pick of the day - How To Create Wealth: Warren Buffett's letter to shareholders

A few key takeaways from Warren Buffett's newsletter are what we bring to you on our Pick of the Day.

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Surgical Strike 2.0 LIVE: I assure countrymen, India is in safe hands, says PM Modi

Live updates after IAF's strike on a JeM terror camp

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Xiaomi may launch Redmi Note 7 Pro with Redmi Note 7 on Feb 28; key specs leaked online

Redmi Note 7 Pro is will reportedly sport a 48 megapixel Sony snapper along with a notch display.

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Its Citroen not Peugeot to debut in India in 2021

The India project was announced as part of the 'Push to Pass' plan and launched at the beginning of 2017, with the signing of two joint venture agreement with the CK Birla Group

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Surgical strike 2.0: IAF airstrikes a 'fitting reply' from 'new age India', says Bollywood

The fitting reply that is being touted as Surgical Strike 2.0 is being lauded by all and sundry including multiple Bollywood celebrities.

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Comment | Why Sebi’s ‘not fit and proper’ order is a joke

Sebi has passed its order on companies which were defunct in any case.

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IND vs AUS 2nd T20I: India eye series-saving win over Australia

India would want to salvage pride but Australia could be fancying a rare series win against the hosts

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Tamil Nadu CM lauds Narendra Modi for air strikes on Pakistan

Modi was tasting success in rooting out terrorism, which was threatening the entire world, the chief minister said in a statement and lauded him on behalf of the people of Tamil Nadu.

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Rupee recovers from day's low but still down at 71.04 per dollar

Utilise down sides in the pair to initiate long positions, says ICICIdirect.

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With Guwahati, Adani Group wins rights for all six airports

The ministry of civil aviation had, on February 25, declared results for the other five airports where Adani Group had emerged as the single largest bidder

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IND vs AUS 2nd T20I preview: Players to watch out for, betting odds and broadcast time

India will be looking to avenge its loss in the first T20 match.

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Market Live: Indices off day's lows with Nifty above 10,850; rupee recovers

Except IT, all other sectoral indices are trading in red led.

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At Gandhi Peace Prize event, Narendra Modi makes indirect reference to air strikes

He had chaired a meeting of the Cabinet Committee on Security at his official residence around 10.00 am before rushing to the Rashtrapati Bhawan, where President Ram Nath Kovind conferred the Gandhi Peace Prize for 2015-2018.

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Lakshmi Vilas Bank rebounds 3% after falling 1% on rating downgrade

The rating downgrade factors in the continued weak performance of the bank since Q4/FY18 till Q3/9M FY19.

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DHFL sinks 8% after ICRA downgrades commercial paper programme

ICRA said it revised the short-term rating outstanding for the Rs 8,000-crore commercial paper (CP) programme of DHFL to A2+ from A1+. As on date, DHFL has CP outstanding of Rs 1,525 crore

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This retaliatory action will be start of unlearning process for Pakistan: Sajad Gani Lone

The People's Conference chairman was reacting to the IAF air strikes in Pakistan in the wake of suicide car bombing attack on a CRPF convoy in Pulwama on 14 February that left 40 jawans dead.

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MWC 2019: OnePlus teases its 5G smartphone, does not reveal specs

The company, in December, had announced its collaboration with Qualcomm to unveil ‘one of the first 5G smartphones’.

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Pakistan resorts to ceasefire violation in Rajouri, Indian forces retaliate

The Pakistan army has resorted to firing and mortar shelling on forward posts and civilian areas along the LoC in Rajouri and Poonch districts on seven of the last eight days.

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Market Live: Indices off day's lows, Sensex back above 36K; realty and PSU banks drag

All the sectoral indices are trading in red led by metal, auto, bank, pharma and energy.

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Delhi government allocates over Rs 15,000 crore to education, two new varsities on the cards

Deputy Chief Minister Manish Sisodia in his budget speech said the allocation to education is around 26 per cent of the total budget.

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Surgical strike 2.0: Statement of India's Foreign Secretary Vijay Gokhale on air strike

India has been repeatedly urging Pakistan to take action against the JeM to prevent jihadis from being trained and armed inside Pakistan.

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Movies getting top honours at Oscars rarely prove to be money-spinners

Green Book, a surprise winner, collected nearly $144 million at the box office while the highest grossing film of the year earned over $2 billion.

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Surgical Strike 2.0 LIVE: Sushma Swaraj to brief Opposition parties; all-party meet at 5 pm today

Live updates after IAF's strike on a JeM terror camp

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Monday, February 25, 2019

https://www.sarkariresult.com/2019/fci-various-post-01-2019.php

CEC Meet: ICC to apprise Indian board of security arrangements during Cricket World Cup 2019

In the wake of February 14 Pulwama attack clouds hover over India's WC match against Pakistan

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Not in hurry to join politics: Robert Vadra

Vadra, the brother-in-law of Congress president Rahul Gandhi, had Sunday put a Facebook post announcing that he might play 'a larger role in serving the people' after the ongoing cases against him were over, sparking speculation over his joining active politics.

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Lupin gets USFDA nod for generic drug to treat inflammation

The drug is indicated to treat endocrine and rheumatic disorders among others.

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Samsung Galaxy S8 to LG G7 ThinQ: These older flagship smartphones offer excellent value for money in 2019

Five previous-generation premium smartphones that offer excellent value for money without really being outdated.

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BSP to contest all 40 Lok Sabha seats in Bihar

According to BSP state in-charge Lalji Medhkar, party supremo Mayawati has convened a meeting of all potential candidates and other office-bearers in the national capital later this week.

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The 2019 Academy Awards: Top 10 memorable moments from the Oscars

Here are some enthralling moments from the star-studded Oscar awards

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Banana Flour: The Gluten-Free Weight Loss-Friendly Flour

Banana flour is made from green bananas and has a mild flavour of raw bananas and offers a range of health benefits including weight loss, control in blood sugar levels etc.

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Tips To Sneak In More Protein In Breakfast, Lunch, Dinner And Snacks

Weight Loss Diet: A commonly accepted weight-based daily recommended allowance for protein dictates that one should consume 0.8 gm of protein per kilogram of their body weight. Here are some easy tips...

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Mahindra Glyd-es into Mumbai's app-based taxi business; to rival Uber, Ola

Though brand Glyd is owned by M&M the fleet will be owned by third party companies and drivers and not Mahindra

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No water shortage in India, but management not adequate: Nitin Gadkari

Listing some of the steps which have been taken for effective management of water in the country, the minister said 400 MLD water from Okhla barrage will be treated and used for Delhi through Wazirabad barrage.

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Period. End of Sentence | India-based documentary film on menstruation wins Oscar

The documentary was produced by Indian producer Guneet Monga’s Sikhya Entertainment and crowdfunded by The Pad Project

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Reporter's Take | MHRD softens stand on foreign institutes’ India entry

Vaibhavi Khanwalkar is in conversation with Moneycontrol's M Saraswathy to discuss the possible entry of foreign educational institutions in India.

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Rising India Summit 2019 LIVE: Spritual leader Sadhguru, Baba Ramdev talk on 'New Mantras for India'

The annual event will bring together national and international dignitaries from the fields of governance, arts, business and academia under one roof.

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Mithali Raj backs idea of women's IPL

Australia already has Women's Big Bash League (WBBL) in place. Cricket Australia started WBBL in 2015/16 season.

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Rising India Summit 2019: Best minds in the industry set to take stage

A look at the pictures from the first day of the Rising India Summit 2019.

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An evening walk down Dalal Street: Nifty reclaims 200-DMA to close above 10,800; book profit on rallies

“We have seen the index rebound from 10,585 and the move could well take the index towards 10,900,” Ritesh Ashar of KIFS Trade Capital said

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Reporter's Take | Draft e-commerce policy

Sakshi Batra is in conversation with Moneycontrol's Priyanka Sahay to discuss the draft e-commerce policy.

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Key risk to monitor for global & Indian markets

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Oppo's 10x lossless zoom and 5G ready smartphone coming in Q2 2019

Oppo said that it is working with operators like Airtel, Vodafone-Idea and Jio to bring the 5G phone to India.

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3 Point Analysis | Reliance intends to exit MF business

Sakshi Batra does a 3 point analysis of what does Reliance ADAG’s intention to exit the AMC business mean to Reliance Nippon’s shareholders?

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MFIs loan book clips past 43% to Rs 1.66 trillion in Q3

MFIN chief executive Harsh Shrivastava said the industry overall continues to showcase strong growth rate with healthy portfolio quality.

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Thomas Cook India Group acquires 51% stake in DEI at enterprise value of Rs 289 crore

The acquisition marks the group's entry into an adjacent sector, complementary to its travel and travel-related services portfolio, Thomas Cook India said in a statement.

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Instal high powered pumps immediately to de-water illegal mine in Meghalaya, says SC

The apex court was hearing a petition which had sought urgent steps for rescuing the miners trapped in the rat-hole mine since December 13 last year.

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Ford Aspire CNG gets a 1 lakh km warranty and a service cost of 46 paise/km

The CNG kit is to be outsourced from Lovato, who will also be responsible for its warranty and will be fitted at the dealerships before delivery.

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Buy JK Lakshmi Cement; target of Rs 335: ICICI Direct

ICICI Direct is bullish on JK Lakshmi Cement has recommended buy rating on the stock with a target price of Rs 335 in its research report dated February 12, 2019.

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Buy Thermax; target of Rs 1265: ICICI Direct

ICICI Direct is bullish on Thermax has recommended buy rating on the stock with a target price of Rs 1265 in its research report dated February 12, 2019.

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Rising India Summit 2019: Stalwarts set to take stage, event to begin at 5pm

The annual event will bring together national and international dignitaries from the fields of governance, arts, business and academia under one roof.

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Indefinite hunger strike by Arvind Kejriwal to garner support for his demand of full statehood: Gopal Rai

Speaking at Delhi Assembly's ongoing budget session, Kejriwal on Saturday had announced to go on indefinite hunger strike from March 1.

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Technical View: Nifty forms bullish candle, eyes critical resistance of 10,930

In case if Nifty manages a close above 10,930 then this rally shall initially get expanded upto 11,011 kinds of levels, Mazhar Mohammad of Chartviewindia.in said.

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Buy Ipca Laboratories; target of Rs 900: ICICI Direct

ICICI Direct is bullish on Ipca Laboratories has recommended buy rating on the stock with a target price of Rs 900 in its research report dated February 13, 2019.

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Buy NCC; target of Rs 120: ICICI Direct

ICICI Direct is bullish on NCC has recommended buy rating on the stock with a target price of Rs 120 in its research report dated February 13, 2019.

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Explained | Why is Arunachal Pradesh on the boil?

According to reports, the protests are being spearheaded by a number of community and student organisations

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Buy Container Corporation; target of Rs 625: ICICI Direct

ICICI Direct is bullish on Container Corporation has recommended buy rating on the stock with a target price of Rs 625 in its research report dated February 13, 2019.

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Commodities@Moneycontrol | Roundup of key happenings in the commodity market

Here's a roundup of key happenings in the commodities market.

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Buy Timken India; target of Rs 640: ICICI Direct

ICICI Direct is bullish on Timken India has recommended buy rating on the stock with a target price of Rs 640 in its research report dated February 14, 2019.

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Airport privatisation: Adani Infra emerges highest bidder for five airports

According to sources, Adani Infra submitted bid at an average per-passenger fare of Rs 170 per person. It bid the highest for Ahmedabad at Rs 177 per passenger, followed by Jaipur at Rs 174 per passenger.

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Buy Cochin Shipyard; target of Rs 410: ICICI Direct

ICICI Direct is bullish on Cochin Shipyard has recommended buy rating on the stock with a target price of Rs 410 in its research report dated February 14, 2019.

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An Ivy League in India? HRD Ministry relooks proposal to allow foreign institutes to enter country

The government wants to ensure that the bill sails through without opposition

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Compulsory hallmarking will benefit branded players hugely, says Titan CFO

The government has called for a meeting later this month to discuss the mandatory hallmarking of gold jewellery

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A Harvard and Yale in India? HRD Ministry relooks proposal to allow foreign institutes to enter India

The government wants to ensure that the bill sails through without opposition

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Buy Transport Corporation; target of Rs 350: ICICI Direct

ICICI Direct is bullish on Transport Corporation has recommended buy rating on the stock with a target price of Rs 350 in its research report dated February 14, 2019.

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Parliamentary panel asks Twitter to engage more with EC; summons Facebook, WhatsApp officials on March 6

This was informed by Anurag Thakur, chairman of Parliamentary Standing Committee on Information Technology, after a nearly three-and-a-half-hour meeting with Global Vice President of Public Policy for Twitter Colin Crowell and other officials of the micro-blogging platform.

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Liberty General Insurance is committed to raising awareness on insurance: Roopam Asthana

The following article is an initiative of Liberty General Insurance and is intended to create awareness among readers

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LOGOS India acquires two logistics parks in Chennai

The transaction worth Rs 700 crore includes two fully leased warehousing assets - Mappedu Logistics Park and Mahindra World City.

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Decision on alliance with BJP to be taken after meeting with Amit Shah: Om Prakash Rajbhar

Rajbhar, who earlier threatened to part ways with the BJP if recommendations of the Social Justice Committee were not implemented by February 24, said a meeting has been scheduled with the BJP president in Delhi on Tuesday (February 26).

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GE T&D India bags Rs 162 crore order from PowerGrid

Post execution of this project, various wind farm developers will be able to transmit the power generated in Gujarat to Green Energy Power Transmission Corridor, GE T&D said in a statement.

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Explainer: What's on the table at the second Trump-Kim summit?

Denuclearisation of North Korea is the over-riding goal that Washington is seeking to achieve.

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Following tepid response, NHAI scraps second round of TOT bids

Sources told Moneycontrol that NHAI could merge these stretches with highway stretches under other rounds of bids.

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Roche to buy gene therapy specialist Spark in $4.3 billion deal

Roche already sells Hemlibra, a drug against haemophilia A that helps stop bleeding in patients with the life-threatening genetic disorder that prevents their blood from clotting properly.

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Closing Bell: Nifty ends above 10,850, Sensex up 341 points; IT stocks led gainers

Midcap and smallcap are outperforming the benchmark indices, while among sectors IT index led with over 1 percent gain.

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Fiat Punto Abarth unsold 2018 stock at Rs 2 lakh discount: Report

The Fiat Punto Abarth was launched in India in 2015 and gained a steady and loyal fan-following.

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8 Dishes You Must Try When You're In Ladakh

Whether you visit Ladakh in the winter or summer, check out our list of must-try Ladakhi dishes that don't just comfort you but also give you an insight into the region's unique culture.

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Happy Birthday Shahid Kapoor: 8 Diet and Fitness Secrets Of The 'Kabir Singh' Actor

In addition to being a fabulous actor and dancer, Shahid is also dubbed as one of the most loved fitness icons of this generation.

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SP-BSP alliance announces seat-sharing strategy for Uttarakhand, Madhya Pradesh

Uttarakhand has traditionally been a BJP bastion, with the saffron party winning all five seats in the 2014 elections

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News in Pics: Your daily dose of pictures from around the world

Moneycontrol brings to you select pictures that are making headlines across the globe

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GlobalLogic to expand Asia-Pacific footprint, open additional centre at Bengaluru

The US-headquartered GlobalLogic is looking to double its India workforce in the next 2-3 years

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Steel prices may go up again, a rare third time in a month

Sources say that steel prices may be hiked by Rs 1,000 a ton from March 1

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MWC 2019: LG launches V50 ThinQ smartphone with 5G and Dual Screen support

The V50 boasts an upgraded Snapdragon 855 chipset, 6GB of RAM and a 4,000 mAh battery capacity.

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Market Live: Nifty turns positive for 2019, Sensex up 300 pts; Yes Bank gains 3%

Midcap and smallcap are outperforming the benchmark indices, while among sectors IT index led with over 1 percent gain.

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Meet the Mate X: Huawei's 5G ready, triple-screen foldable smartphone

The Huawei MateX is 5G ready, and the company claims that it is the “world’s fastest foldable 5G smartphone”.

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Explainer | What is Article 35A and the 3 petitions challenging it

After a series of delays and postponements, the Supreme Court is finally set to hear the petition challenging Article 35A from February 26-28.

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Adani Ports plunges over 8% as co to acquire Adani Agri Logistics

Citi has downgraded Adani Ports to neutral from buy, saying that the acquisition appears expensive and raised questions on capital allocation of the company.

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Thomas Cook gains 2% as co to acquire 51% stake in DEI Holdings

Also, the company has entered into an agreement to acquire 51 percent stake in BDC Digiphoto Imaging Solutions, Mumbai.

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Congress MP writes to PM Modi demanding special status for Andhra Pradesh

In a letter to Modi, the Rajya Sabha MP said the state's people "strongly feel" that it is the "bounden duty" of the prime minister and his cabinet colleagues to implement the Act passed by Parliament.

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IndiGo plans services to China, Vietnam, Myanmar, other countries

In a communication to employees on Monday, IndiGo's CEO Ronojoy Dutta said the airline would be looking at ambitious expansion in the international market and utilise around 50 per cent of its new capacity on that market.

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Leaked patent drawings of Kawasaki electric bike surfaces online

The bike in the drawing may look conventional, but that obviously won't be the case. The fuel tank hides the batteries that will power the motor, which sits at the bottom of the bike

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Ericsson, Bharti Airtel to collaborate on intelligent, predictive network operations

"Leveraging on its developments in artificial intelligence (AI) and automation, Ericsson will support Airtel to proactively address network complexity and boost user experience," Ericsson said in a statement.

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Govt keen on playing politics over Pulwama attack in Lok Sabha polls: Mamata Banerjee

Banerjee, while addressing the Trinamool Congress's extended core committee meeting here, vowed to oust the "dictatorial Narendra Modi government" from power in the upcoming general election.

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No relief for Nawaz Sharif as Pakistan court rejects bail plea in corruption case

Sharif, 69, has been serving a seven-year jail term in Lahore's Kot Lakhpat jail in the Al-Azizia Steel Mills corruption case.

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Draft Rubber Policy: Budgetary support for promotion of export, research, reducing imports

The proposed policy will also provide support for skill development; incentives for smallholders, workers and entrepreneurs; and enforcement of regulations on quality and standards.

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Delhi court asks CBI to appoint special public prosecutor in Muzaffarpur shelter home case

Additional Sessions Judge Saurabh Kulshrestha Delhi posted the matter for hearing on February 27.

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Sebi's 'not fit and proper' order may not apply to other arms of Motilal Oswal, IIFL

The February 23 order by the Securities and Exchange Board of India led to some uncertainty over its impact for the rest of the group companies.

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Here’s what Warren Buffett thinks about the idea of 'predicting how stocks will behave next week'

Buffett said that his investments are not based on predicting market behaviour in forthcoming weeks.

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Real Madrid vs Barcelona, Copa Del Rey Preview: Team news, possible XI, betting odds, kick-off time

Real Madrid and Barcelona lock horns twice in four days, the first being the second leg of the semi-final of Copa Del Rey

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How Mitsubishi Electric plans to support the Government’s Smart Cities and other housing missions

The following article is an initiative of Mitsubishi Electric and is intended to create awareness among readers

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Market Live: Sensex up over 250 pts, Nifty around 10,850; IT, pharma stocks in focus

Midcap and smallcap are outperforming the benchmark indices, while among sectors IT index led with over 1 percent gain.

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JSPL lowest bidder in RVLN's 4.45 LT rail tender: MD

RVNL functions as an extended arm of the Ministry of Railways. It is empowered to act as an umbrella special purpose vehicle (SPV) to undertake projects directly or by creating project specific SPVs, according to its website.

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The 2019 Academy Awards: Here's a list of Oscar winners who made it big

The most-anticipated award show of 2019 - the Oscars - is finally over. Here's the list of the big winners this year:

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Tax Saver Video

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Post Lok Sabha win, Congress will pass Women's Reservation Bill: Jyotiraditya Scindia

The Bill, which lays down 33 per cent reservation for women in Parliament and state Assemblies, was passed in the Rajya Sabha on March 9, 2010, and awaits the nod of the Lok Sabha.

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Market Live: Sensex up over 150 pts, Nifty around 10,850; IT, pharma stocks in focus

Midcap and smallcap are outperforming the benchmark indices, while among sectors IT index led with over 1 percent gain.

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Over 100 stocks in BSE 500 hit 52-week low in Feb; have they bottomed out?

In terms of stocks more as many as 119 stocks in the BSE 500 index which hit a fresh 52-week low are down 10-60 percent so far in 2019, data from AceEquity showed.

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No political front with Congress anywhere for Lok Sabha polls: CPI(M) leader Kodiyeri Balakrishnan

"There would be no political front with the Congress anywhere in the country. There is no intention to forge a political front with the Congress in the elections," CPI(M) Kerala state secretary Kodiyeri Balakrishnan told reporters here.

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JBM Group acquires majority stake in Germany's Linde-Wiemann

The acquisition is being done through one of the group's flagship companies, Neel Metal Products, and it will give access to global platforms and German technology inheritance to Indian operations, JBM said in a statement.

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IND vs AUS 1st T20I: It was difficult track even for a player like Dhoni, Maxwell defends Dhoni

In post match confidence Maxwell spoke on Dhoni's slow innings and his own form

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6 reasons why India's capex cycle is still far from a recovery

Animal spirits in the corporate sector are low and corporate earnings for the December quarter have been nothing to write home about

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Benelli Leoncino 500, Imperiale 400 confirmed for India launch in 2019

After forging a new partnership with Adishwar Auto Ride India, the Italian manufacturer announced the launch of five new products in 2019.

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Indian Oil Corp seeks LNG cargo for April delivery: Sources

The company is seeking the cargo for delivery into the port of Dahej on April 20, one of the sources said.

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SBI says reports of taking Jet Airways to NCLT "speculative"

Reports earlier said SBI was mulling moving the NCLT to recover its loans from Jet as it felt the airline was running out of funds for operations.

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Market Live: Indices continue their rally, Sensex hits 36K; Adani Ports down 8%

Except infra and PSU banking index all other sectoral indices are trading in green.

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Adani Enterprises rises 3% as report says co wins bids for 5 airports

Adani Group's flagship company has won bids for Ahmedabad, Jaipur, Lucknow, Mangalore & Thiruvananthapuram airports.

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IND vs AUS 1st T20I: Some days execution in death bowling doesn't come off, says Bumrah

Umesh Yadav gave away 14 runs in last over as Australia sealed win the 1st T20I

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Ideas for Profit | Wabco & Bosch: Quality long-term businesses despite weak near-term demand outlook

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North Korea 'could be great power' without nuclear weapons: Donald Trump

Trump's comments came hours after Secretary of State Mike Pompeo said Pyongyang remains a nuclear threat.

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Maruti Suzuki expands pre-owned sales network to 200 outlets

The company had relaunched upgraded True Value network with new brand and retail identity 19 months ago.

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10,580 crucial for Nifty; real estate, metal and auto stocks in focus: Kotak Securities

Apart from real estate and metals, we should also focus on auto companies as they have formed reversal formation on weekly basis

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RPP Infra Projects rises 4% on order wins worth Rs 106 crore

The company has won new orders worth over Rs 490 crore after Q3FY19.

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Soybean prices to trade sideways to lower: Angel Commodities

According to Angel Commodities, NCDEX Mar Soybean futures closed for the 5th consecutive week amid profit booking by the market participants on higher off-season arrivals and higher production forecasts.

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Accounts of IL&FS, group cos cannot be declared NPA without NCLAT nod

A two-member National Company Law Appellate Tribunal (NCLAT) bench, headed by Chairman Justice S J Mukhopadhaya, said that this is done in the interest of IL&FS debt resolution plan.

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Sunday, February 24, 2019

Raja-maharaja government in Punjab, 'mahagathbandhan' leaderless: Amit Shah

He also hit out at Punjab Cabinet Minister Navjot Singh Sidhu for hugging Pakistan Army Chief General Qamar Javed Bajwa at Imran Khan's swearing-in ceremony in Islamabad last year.

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IND vs AUS, 1st T20I LIVE: Coulter-Nile sends back Rahul and Karthik in single over

Catch all the live updates from the first T20I between India and Australia being played at the the Dr. Y.S. Rajasekhara Reddy ACA-VDCA Cricket Stadium, Visakhapatnam.

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Piyush Goyal hails Jayalalithaa as 'iron lady,' latches on to her legacy

Participating in the launch of the Prime Minister's monetary assistance plan for the farmers here, he said Jayalalithaa implemented several welfare measures like the low-cost food chain Amma canteens.

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IND vs AUS, 1st T20I LIVE: India lose Kohli, Pant in quick succession

Trade Setup for Monday: Top 15 things to know before Opening Bell

Gradual dips in VIX suggests a short-term stability in the market, Chandan Taparia of Motilal Oswal Financial Services said

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'Have faith in govt', says Nirmala Sitharaman on Ram Temple issue

Addressing a gathering at an interactive event organised by the Thinkers Forum,she referred to issues like Ram temple and asked the people not to punish BJP for not building it.

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Govt enhances risk, hardship allowance for paramilitary troops deployed in Kashmir

The enhanced allowance will be applicable to all paramilitary personnel deployed in Jammu and Kashmir and Naxal-hit areas.

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Biman Bangladesh flight faces attempted hijack, passengers safe: airline official

All 142 passengers have subsequently been allowed to leave the plane, the airline's general manager, Shakil Miraj said.

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IND vs AUS, 1st T20I LIVE: Kohli, Rahul get India off to a flyer after losing Rohit early

10 companies of ITBP dispatched to violence-hit Arunachal

The Ministry of Home Affairs has dispatched 10 additional companies of the Indo-Tibetan Border Police (ITBP) for deployment in law-and-order duties in Itanagar and other violence-hit places, an official said.

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Police officer, Army jawan, 2 JeM terrorists killed in encounter in J&K's Kulgam

The encounter took place in the Turigam area of Kulgam after the police got an intelligence input about the presence of a group of terrorists in the area, they added.

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PM Modi to unveil 800-kg 'Astounding Bhagvad Gita' at ISKCON temple in Delhi

Dubbed the 'Astounding Bhagvad Gita', and measuring 2.8 m by 2 m, it is billed as the "world's largest sacred book", according to ISCKON.

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India to be 2nd largest 5G market in 10 years, says Huawei

Huawei has tied up with Vodafone Idea and Bharti Airtel for 5G trials.

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CIC rules EVMs are 'information' under RTI Act

This implies the Election Commission has to respond to an RTI application seeking the EVM either by providing it or refusing it under exemption clauses in the Act.

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MCX MD Mrugank Paranjape opts not to contest for second term

This decision comes out just a day ahead of the board meeting. In the meeting, the board is supposed to shortlist three names that will be sent to Securities and Exchanges Board of India for approval

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Congress govt has 'pushed' Puducherry backward: AIADMK

Addressing the celebration of 71st birth anniversary of late Tamil Nadu Chief Minister J Jayalalithaa, the AIADMK legislature wing leader A Anbalagan said, "the Congress has failed to deliver on promises it made to the people during the 2016 elections."

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Huawei chairman noticed Donald Trump's message, says US needs 5G technology

Guo Ping also said Huawei had faced cyber security challenges led by one major power which he did not identify.

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IND vs AUS, 1st T20I LIVE: Australia win the toss and opt to bowl; Mayank Markande to debut

Going on indefinite hunger strike as no option is left: Arvind Kejriwal on statehood issue

The BJP has termed Kejriwal's move a "drama before elections", and alleged that the ruling AAP has nothing to show to the people as its achievements to seek votes in the Lok Sabha polls.

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IND vs AUS, 1st T20I LIVE: Mayank Markande to debut as India look for winning start

DGCA unlikely to make it mandatory to print cancellation charges on air tickets

In a presentation last month to Minister of State for Civil Aviation Jayant Sinha, the DGCA suggested that the proposed regulation of "cancellation charges must be printed prominently on the ticket in a conspicuous manner" be replaced with "cancellation charges must be indicated prominently at the time of booking".

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Apathy and incompetence of Assam government has resulted in tragic deaths: Rahul Gandhi

The death toll in Assam's hooch tragedy has shot up to 124, while 331 people are undergoing treatment in hospitals, officials said on February 24.

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SBI weighs NCLT route for recovery of loans from Jet Airways

Lenders can initiate proceedings under the Insolvency and Bankruptcy Code to recover dues from debt-laden entities. The process can commence only after approval from the NCLT.

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Jayalalithaa's role in Tamil Nadu's development indelible: PM Modi

Describing the AIADMK leader as a "fine administrator and compassionate leader", Modi said her welfare measures had "benefitted countless poor people".

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Robert Vadra talks of playing 'larger role' in serving people, BJP takes Congress's PM candidate dig

The Congress played down the suggestion that Vadra, the brother-in-law of party president Rahul Gandhi, wanted to join politics, saying he has long been associated with NGOs and worked for the society, and that it is everyone's duty to use their qualities to serve the people.

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China's Xiaomi unveils smartphone with 5G, for sale 'very soon'

Donovan Sung, Xiaomi's global head of products, said the phone would come to market "very soon".

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India lowers tax on new home sales ahead of general election: TV stations

The council also decided to lower the tax rate on affordable housing projects to 1 percent from 8 percent.

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Tampering Article 370, Article 35A will render Treaty of Accession null & void: Mehbooba Mufti

Mehbooba cautioned that Kashmiris should not be blamed for the developments if the special provision was scrapped.

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Boards of companies should assert ethical conduct: CII

To promote integrity and transparency in governance, the chamber has introduced a 'Model Code of Conduct' for business ethics to act as a guide to industry to adopt best practices.

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Finance ministry expects 3-4 more banks to come out of RBI's PCA framework this year

The recent capital infusion of Rs 48,239 crore in 12 public sector banks will help Corporation Bank and Allahabad Bank to come out of the Prompt Corrective Action framework in the next few weeks.

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50 lakh names deleted from electoral rolls in Maharashtra

Some of these names were registered multiple times or the concerned voters had died.

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Jayalalithaa birth anniversary: AIADMK flags off 'achievement' propaganda vehicle

Prime Minister Narendra Modi and Bharatiya Janata Party (BJP) chief Amit Shah hailed the late leader for her services to the people.

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Naamdars who ruled for 55 years never thought about Amethi's development: Smriti Irani

She also alleged that Amethi MP Rahul Gandhi does not think about his constituency, and is instead moving across the country and spreading lies about Prime Minister Narendra Modi.

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Rajasthan govt releases rules for providing pension to small, marginalised farmers

Implementing the promise made in the poll manifesto, the Congress government decided to provide Rs 1,000 monthly pension to small and marginalised farmers above 75 years of age, Chief Minister Ashok Gehlot said in a statement.

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GST Council clears proposal for lowering tax rates for real estate: Sushil Modi

The earlier meeting on the agenda, held on February 20, had remained inconclusive after some state finance ministers sought a physical meeting

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Automation has SBI leaving 25% retirement vacancies open for tech

In a situation akin to the one observed in the Railways, the State Bank Group has got close to 28 lakh job applications for 8,000 clerical jobs in the last two years.

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Iran's president faces calls to resign over economic crisis

Iranian presidents typically see their popularity erode during their second four-year terms, but analysts say Rouhani is particularly vulnerable because of the economic crisis assailing the country's rial currency, which has hurt ordinary Iranians and emboldened critics to openly call for his ouster.

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Indo-Pakistan bilateral trade posted growth despite tension: Report

In the year 2017-18, Indian exports to Pakistan have reached $1.84 billion as against $1.64 billion over the previous year.

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Encounter breaks out between militants and security forces in J&K's Kulgam

Security forces launched a cordon-and-search operation in the Turigam area of Kulgam district following information about presence of some militants there.

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Wipro shareholders approve bonus issue, increase in authorised share capital

In January, Wipro's board had approved an issue of bonus shares wherein shareholders will get one bonus share for every three shares held by them.

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Bharti Airtel to conduct trial of Nokia's 5G-ready telecom gear

This trial is part of Bharti Airtel's strategy to make its network future ready to meet the growing demand for high speed data in India.

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Protesters set ablaze Deputy CM's private residence in Arunachal Pradesh

Agitators are protesting against recommendations to grant permanent resident certificates to six communities.

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Rs 500 per month an insult to farmers: Mayawati

The scheme, announced in the interim Union budget, seeks to give Rs 6,000 per year in three instalments to 12-crore small and marginal farmers holding cultivable land up to two hectares.

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PM-Kisan scheme historic step for empowering farmers: Mukhtar Abbas Naqvi

Naqvi said the scheme will give wings to the aspirations of crores of hardworking farmers of India.

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India toughens crackdown on Kashmir: More detained, movement curbed

The clampdown in towns and villages follows a suicide car bombing that killed 40 Indian paramilitary police in a military convoy on February 14 claimed by another group, the Pakistan-based Jaish-e-Mohammed.

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Every illegal immigrant from Kashmir to Kanyakumari will be thrown out: Amit Shah

Addressing a 'Vijay Sankalp Sammelan', the BJP chief spoke about various issues, including the resolve of the Modi government to fight militancy saying "the BJP government has zero-tolerance on terrorism".

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Chelsea vs Manchester City EFL Cup final: Where to watch, preview, team news and betting odds

The Citizens are challenging for trophies on all four fronts and come into this tie as holders.

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China's Huawei set to unveil 5G phone with folding screen

The company on February 24 plans to unveil the device, which can be used on superfast next-generation mobile networks that are due to come online in the coming years.

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PNGRB rejects HPCL review petition on ATF pipeline

PNGRB in its order said HPCL had given written objections in the consultation process.

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Jaypee homebuyers seek bankers’ support for embattled firm's forensic audit

Buyers claim that since the parent company Jaiprakash Associates had tabled a settlement plan under the IBC, it shows it had access to money and hence the matter must be looked into.

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NC president speaks to Rajnath Singh about tense situation in Kashmir Valley

He informed Singh about the tense situation in the Valley which has been further fuelled by speculations about possible developments, National Conference vice-president Omar Abdullah said.

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Protests may derail MCL's production target for FY19

MCL has already revised its aspirational targets to 162.50 million tonne of coal production and 169 million tonne of offtake for the fiscal ending March 31.

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Nirmala Sitharaman inspects fire mishap site near Aero India veue

Sitharaman inspected the mishap site outside the Yelahanka Air Force Station, a day after the fire, and was briefed by the Indian Air Force officials, DG Fire Services and the head of Disaster Management Team about the incident.

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PM Modi launches Kisan scheme, over 1 crore farmers get 1st instalment

Launching the scheme from Uttar Pradesh's Gorakhpur, the prime minister said the first instalment of money under the scheme has been deposited in accounts of 1.01 crore farmers and those who didn't get it on February 24 will get it in due course.

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Congress 'instigating' people in Arunachal Pradesh: Kiren Rijiju

Rijiju alleged that the Congress has supported and "instigated" non-Arunachal Pradesh STs in Lekang area to fight for PRC but in Itanagar "misguided" the innocent people.

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How this Indian-American became the youngest junior partner ever at Thessalus Capital

In 2015, Bagaria had started out at the company, founded and helmed by his elder brother and family friends.

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'Invest in these two PSU banks for double-digit returns in long term'

General election is expected to bring in a bit of comfort. It could be said as a big upcoming event for the market. However, tension in Indo-Pak tensions on the other end would embark a stagnant market

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'Indian market underperforms world markets; election crucial for a breakout'

For the next week, Nifty has strong support at 10,720-10,645 and resistance at 10,855-10,940

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GST: Anti-profiteering and issues concerning affordable housing

In case of both general housing projects and affordable units, there are no clear guidelines about how anti-profiteering provisions would work for the units which are sold post July 1, 2017

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Army has resolved to wipe out terrorists: Narendra Modi

Modi asked people to rally together to take on the challenge of terrorism facing the country by forgetting barriers of casteism, communalism, regionalism and other differences so that the steps against terror are firmer and more decisive.

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Saturday, February 23, 2019

Regional parties to play greater role, BJP won't come back to power, says TRS MP K Kavitha

She said the fundamental agenda of the alliance of regional parties would be not to tie up either with the BJP or the Congress.

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Not releasing Bollywood films in Pakistan won't affect Indian film industry, say experts

Bollywood trade analyst Taran Adarsh says Indian films have great viewership in Pakistan but the collection from the country does not contribute much to the worldwide box office numbers of Hindi films.

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Maruti Suzuki starts service campaign for 3,757 units of Baleno to inspect ABS software

An ABS (anti-lock braking system) actuator is a hydraulic device that communicates with the ECU (engine control unit) to control brakes under emergency situations.

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ACMA seeks minimum import price levy on two-wheeler alloy wheels imported from China

The ACMA has written to Commerce and Industry Minister Suresh Prabhu observing that "domestic manufacturers are facing difficulties in order to compete and continue a sustainable business model due to subsidy given by the Chinese government and thus making import favourable".

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REC must get consent from at least 50% of lenders for PFC deal to go through

REC's cumulative foreign debt stands at around $1.85 billion which will mature in phases till 2028 and the state-owned company has initiated the exercise of obtaining the consent of these lenders.

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Air purifier market to touch $39 million by 2023: Report

The residential sector accounted for a revenue share of around 22 percent in the overall India air purifiers market in 2017, on account of increasing airborne disease in the country, due to rising air pollution.

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Narendra Modi says no 'Mann ki Baat' for 2 months, promises to be back in May

In this monthly address through the radio broadcast -- the 53rd since Modi came to power in 2014 -- he said he was doing so keeping in mind healthy democratic traditions.

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Technical Classroom: How to use 'Leading Indicators'

A nine-day EMA of the MACD, called the "signal line," is then plotted on top of the MACD line, which can function as a trigger for buy and sell signals.

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Maharashtra farmers to get Rs 500 per quintal paddy bonus: Devendra Fadnavis

Till last year, the government was giving a bonus of Rs 200 per quintal for paddy, the key kharif crop.

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347 infra projects show cost overruns worth over Rs 3.2 lakh crore

According to the report, the expenditure incurred on these projects till November 2018 is Rs 7,97,496.44 crore, which is 37.07 per cent of the anticipated cost of the projects.

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Piaggio aims to scale up two-wheeler biz in India

Piaggio has a manufacturing plant in Baramati in Maharashtra, where it manufactures the iconic Vespa alongside the Aprilia SR 150.

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Pakistan sets up 'Crisis Management Cell' amid simmering Indo-Pak tension

The cell, set up in the Ministry of Foreign Affairs, will remain operational throughout the week without any break.

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Foreign portfolio investors pull out over Rs 1,900 crore from debt market in February

In January, the net FPI outflow -- from both equity and debt -- stood at Rs 5,360 crore.

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TRAI asks distributors to ensure a channel appears only at one place, warns action on non-compliance

Failure to comply, will result on action being taken against such distributors, under the provision of TRAI Act, it added.

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PM Modi's interaction to be world's largest video conference: Amit Shah

Modi is expected to speak to party workers over a host of political issues as the BJP gears up for the Lok Sabha elections.

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Day of double hundreds: A look at Tendulkar and Gayle's historic feats

Sachin Tendulkar and Chris Gayle have scored double hundreds on the same day

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A day of double hundreds: A look at Tendulkar and Gayle's historic feats

Sachin Tendulkar and Chris Gayle have scored double hundreds on the same day

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SEBI orders impounding of Rs 1 crore from ADF Foods' promoters, 4 others in insider trading case

As per SEBI's order, on July 27, 2016, ADF Foods informed the BSE and NSE that the board of directors in its meeting on the same date had approved a buyback of equity shares for an aggregate amount not exceeding Rs 18 crore.

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Manohar Parrikar's health condition stable, under observation: CMO

The 63-year-old senior BJP leader, suffering from a pancreatic ailment since the last one year and recuperating at his private residence at Dona Paula, was admitted to the Goa Medical College and Hospital on February 23.

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M-cap of seven of top-10 most valued cos slumps Rs 67,980.60 crore

The m-cap of TCS slumped Rs 39,400 crore to Rs 7,22,671.77 crore, emerging as the worst hit among the top-10 firms.

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