Top stock market recommendations: Nuvama Professional Clients Group's Aakash K Hindocha recommends Ambuja Cements, Jubilant FoodWorks, and SBI Cards as top stock picks. While Nifty's rally may tire, short-term support is at 23900. Bank Nifty, after leading gains, shows signs of underperformance.
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A financially distressed doctor from Baghpat, facing a Rs 30 lakh loan, allegedly devised a scheme to fake his death by burning a man alive to evade debt. Failing to find a corpse, he lured a daily wage laborer with drinks, locked him in a car, and set it on fire.
India is expected to receive above-normal southwest monsoon rainfall this year, according to the IMD's forecast. This is crucial for agriculture, boosting Kharif crops and the rural economy. While some regions may experience below-normal rainfall, most of the country, including the monsoon core zone, is likely to receive ample precipitation, potentially exceeding 91 cm.
As the threat from hostile drones rises, the Indian Army seeks nine more indigenous drone detection systems, while the IAF targets advanced anti-drone technologies including kamikaze and micro munitions-based systems. India lags in developing these technologies domestically, with the DRDO working on higher power DEWs and collaborations with foreign firms. Immediate advancements are crucial.
The ICC has lauded the selection of Fairgrounds in Pomona, Southern California, as the venue for cricket at the Los Angeles 2028 Olympics, marking the sport's return after 128 years. ICC Chair Jay Shah expressed enthusiasm for collaborating with the IOC to ensure cricket's success.
Uttar Pradesh chief minister Yogi Adityanath and the state cabinet participated in a holy dip at Maha Kumbh, while also holding a special cabinet meeting at Sangam. Samajwadi Party leader Akhilesh Yadav criticized the move as political, emphasizing that Kumbh should not be a venue for political decisions. Adityanath stated many important decisions would be made during the meeting.
Hundreds of investors have been allegedly duped of crores by Falcon Invoice Discounting, a P2P web platform that unexpectedly shut down its offices. Cyberabad police have filed multiple cases against the company's management for fraud. Special teams have been set up to track down the accused and recover the collected funds.
KL Rahul, initially set to rest until the Champions Trophy, has now been asked by the BCCI to play in the upcoming three-match ODI series against England at home in February, to gain match practice. Rahul, India's top wicketkeeper-batter in ODIs, opted out of the Vijay Hazare Trophy to recuperate.
Rahul Gandhi has arrived in the United States, commencing his visit with a warm reception at Boston's Logan International Airport. He is scheduled to address Brown University on Monday and Tuesday, engaging with faculty and students.
Elon Musk intensified criticism against George Soros, accusing him of anti-Israel sentiment after reports linked Soros to funding pro-Hamas groups. Musk condemned Soros's influence on politics and media, claiming the financier aims to destroy Western civilization. This follows Musk's harsh reaction to President Biden awarding Soros the Presidential Medal of Freedom.
Priyanka Gandhi Vadra criticised Uttar Pradesh chief minister Yogi Adityanath's remarks about her carrying a "Palestine" bag in Parliament. Adityanath highlighted UP youths working in Israel for high salaries, while Vadra countered that sending youth to a war zone for employment is shameful, citing their precarious situation amidst conflict and exploitation by companies.