The death toll from Myanmar's recent 7.7 magnitude earthquake has reached 3,085, with 341 people still missing and over 4,700 injured. The military junta has announced a temporary ceasefire to aid rescue operations, amidst ongoing efforts by international teams providing nearly 1,000 tonnes of relief supplies.
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Brokerage firms offer varied outlooks on Indian stocks. CLSA is optimistic about Reliance Industries, while Morgan Stanley holds a neutral stance on IDFC First Bank. JP Morgan expresses caution on Maruti due to plant ramp-up costs. Investec recommends buying Mahindra & Mahindra, citing the potential of SML's addition.
External affairs minister S Jaishankar will participate in the G20 meeting in Johannesburg on Feb 20-21, meeting with leaders from China and Russia. The event highlights South Africa's presidency, which focuses on diversity and inclusion, despite US boycott. Jaishankar aims to bolster India's engagement and support for the Global South.
Indiana Pacers' guard Tyrese Haliburton's availability for the upcoming game against Detroit Pistons remains uncertain, affecting their playoff push. Haliburton's impressive stats highlight his importance. With other key players injured, Pacers may struggle without him against a competitive Pistons team. Fans await the final injury report before the crucial matchup.
The Indian Army is modernizing logistics by replacing mules with motorized vehicles and robotic mules. However, GS mules remain indispensable in remote, challenging terrains, carrying up to 80 kg of supplies. MA mules, used for transporting heavy mortar guns, are being phased out. Over 4,000 mules continue to operate in areas where helicopters have operational limits. Mules undergo rigorous training and are crucial for the Army’s logistics in inaccessible regions.
India's Rohit Sharma announced the playing XI for the first ODI against England, handing debuts to Yashasvi Jaiswal and Harshit Rana. Virat Kohli missed out due to a knee injury. Jos Buttler's England opted to bat first, focusing on their Champions Trophy preparation. Key players like Joe Root, Mohammed Shami, and Ravindra Jadeja featured in the teams.
UBS upgraded Chola Investment citing growth and RoE, while JP Morgan upgraded HCL Tech highlighting its consistent performance and attractive valuation. Nomura maintains a 'buy' rating on Havells India, anticipating margin expansion driven by demand tailwinds. Morgan Stanley is optimistic about AU Small Finance Bank's RoA improvement, and HSBC recommends Mahindra & Mahindra due to its strong market position.
Five CISF personnel, pretending to be income tax officers, were arrested along with three accomplices for a heist in Bengal. The gang, orchestrated by a CISF inspector in collusion with the victim's stepmother, raided a home, seizing cash and jewelry. All accused have been suspended and are under investigation.
British Indians express outrage at UK PM Keir Starmer's use of the term 'Asian grooming gangs,' citing unfair generalization and smearing their communities. They demand accurate representation of the perpetrators' ethnicity to avoid tarnishing unrelated groups. Skepticism remains over political correctness hindering truthful discourse.
US Director of National Intelligence Tulsi Gabbard visits India following PM Modi's trip to the US. Modi and Gabbard discussed India-US relations, with Gabbard expressing her commitment to strengthening ties. This visit follows Modi’s meeting with President Trump after Trump's second term in office began, highlighting the continuing diplomatic engagement between the two nations.
US President Donald Trump introduced a new visa program offering a $5 million 'gold card' with a pathway to citizenship. The initiative aims to replace the EB-5 visa and attract wealthy individuals to boost the US economy. Trump expects significant revenue generation from the program.