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Shares of state-run MOIL have surged by 6% in today's trading session, reaching a peak of Rs 359.35 on the BSE. This boost follows the company’s announcement on Friday that it has achieved its best-ever performance for both Q3 and the first nine months of the fiscal year, ending December 31, 2024.

In the Nifty50 pack, three stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on January 2, according to stockedge.com's technical scan data.

Both gauges, which logged their steepest daily upsides since November 22, have gained 2.3% in the first two trading sessions of 2025. In December, the two tumbled 2.6% each.

Bajaj Finserv surged 7.9%, with the brokerage rating the stock a 'buy' with a price target of ₹1,930. This implies an upside of 13.6% over Thursday's closing price of ₹1,700.

Auto shares have been under pressure in the October-December period as worries about falling demand for vehicle sales prompted investors to cut their bets on the sector. The auto index fell almost 17% in this period.

Zomato recently raised ₹8,500 crore in funding through a qualified institutional placement (QIP) for scaling up its quick commerce business infrastructure and towards marketing. The overall surge in valuations and visibility prompted its rival Swiggy too to get listed in November.

UPI transactions in December hit a record 16.73 billion, an 8% increase from November’s 15.48 billion. Transaction value rose to Rs 23.25 lakh crore, up from Rs 21.55 lakh crore. Daily average transactions reached 539.68 million in December, with a daily transaction value of Rs 74,990 crore.

A gunman in Montenegro shot at least 12 people, including two children, before killing himself surrounded by police. The shooter was involved in a bar brawl and later killed more people at different locations. The government has declared three days of national mourning for the tragedy. This incident is similar to another shooting in Cetinje in 2022.

A shooting outside a nightclub in Queens injured at least 10 people, who were taken to nearby hospitals and are expected to survive. The incident followed a deadly attack in New Orleans and a Tesla Cybertruck explosion outside the Trump Hotel in Las Vegas, with authorities investigating potential links between these events.

Apple is offering discounts of up to 500 yuan on its latest iPhone models in China, aiming to retain market share in the face of increasing competition from domestic brands like Huawei. The promotion runs from January 4 to 7, applying to various iPhone models, MacBook laptops, and iPad tablets through specific payment methods.

Pakistan is seeking to partner with Tajikistan to counterbalance the influence of Taliban-ruled Afghanistan. Tajik President Emomali Rahmon recently met with Pakistan's ISI director-general to discuss regional security and coordination. While Tajikistan is cautious about forming a security alliance, it is exploring communication channels with the anti-Taliban National Resistance Front, operating out of Afghanistan.

Emirates is introducing the Airbus A350 to Kuwait and Bahrain starting 8 January. The services will operate on specific flights to these destinations. The three-class aircraft offers new features, including enhanced Business Class seats and a modern inflight entertainment system.

The UAE carried out its 23rd evacuation flight in collaboration with the WHO to evacuate 55 critically wounded people, including children and cancer patients, from Gaza for medical treatment. This initiative reflects the UAE's commitment to humanitarian assistance, having provided extensive aid and medical support to Palestinians.

The Centre's infrastructure project monitoring system is being revamped to enhance milestone tracking and detailed step-by-step information for projects. The updated system, launching next month, will identify potential delays to control costs and timelines, and will integrate with other portals for consistent data entry and monitoring.

The government has extended the minimum export price (MEP) of $2,000 per tonne on natural honey until December 31, 2025. This measure, originally imposed in March 2023, applies to exports below this value, with major destinations being the US and UAE.

Consumption inequality between rural and urban India decreased in 2023-24, with notable increases in Monthly Per Capita Consumption Expenditure (MPCE) in both areas. Non-food items continued to dominate expenditures. Government support contributed to rural growth, and social welfare programmes impacted overall consumption patterns.

India's toll collection in 2024 may exceed ₹70,000 crore as daily collections grow due to new toll plazas and increased economic activity. With 164 toll plazas added in FY24 and FY25, the country now has 1,040 plazas, boosting revenue and reducing travel time and costs.

The revised GDP series slated for release in 2026 will utilize new data sources like E-Vahan and eGram Swaraj for more accurate data. The Ministry of Statistics aims to enhance administrative statistics by incorporating real-time data from various ministries, including vehicle registrations and public finance systems.

Winsol Engineers, based in Jamnagar, achieved the highest premium on listing this year, aligning with expectations. Its stock debuted with an impressive premium of nearly 387% over the issue price on Tuesday, marking one of the strongest listings in recent memory.

SRM Contractors IPO will open for subscription on March 26. The company is looking to raise Rs 130 crore. It has set the price band of Rs 200-210 per share for the IPO.

Lok Sabha election 2024: ​​The BJP-Shiv Sena won 41 of the 48 seats in the 2019 polls, but the Sena has split since and a vast majority of the Bal Thackeray-founded party is now allied with the BJP. The Nationalist Congress Party also split as well with Ajit Pawar joining the ruling alliance in the state, led by Eknath Shinde. In the 2019 Lok Sabha polls, the BJP emerged the top party with 23 seats, followed by the undivided Sena with 18.

Gujarat's upcoming Lok Sabha elections are influenced by PM Narendra Modi's charisma, anti-incumbency, unemployment, inflation, education, healthcare challenges, and BJP's endeavor to secure all 26 seats. ​​Lok Sabha polls in Gujarat will be held in a single phase on May 7. Counting of votes will be held on June 4. Anti-incumbency, unemployment, inflation, education and healthcare facilities are some of the other important issues in the election, where the ruling BJP in Gujarat will attempt to retain all the 26 Lok Sabha seats it won in 2019.

The BJP, riding high on its growing voter base in Telangana, is now aiming to win over 12 out of the total 17 seats and 35 per cent vote share, in the upcoming Lok Sabha polls. The party doubled its vote share to nearly 14 per cent resulting in eight seats in the assembly elections held on November 30, last year. BRS, which ruled the state for about a decade since its emergence, is low on morale following the defeat, even as its founder and former Chief Minister K Chandrasekhar Rao's daughter K Kavitha was arrested on the eve of poll dates announcement, adding insult to the injury.

Kavitha's arrest before Lok Sabha elections may psychologically impact BRS party. Meanwhile, fomer minister Harish Rao announced protests in the state. Moreover, desertion of MPs and leaders who are not contesting polls adds to party's troubles. Nagesh Kumar predictsed that more desertions could happen due to Kavitha's arrest.

West Bengal Chief Minister Mamata Banerjee clarified that her fall at home was due to a 'sensation of push.' Initial reports suggested she fell due to 'some push from behind,' leading to injuries on her forehead and nose. Banerjee received treatment at SSKM Hospital and is reported to be clinically stable. The incident sparked speculation, but the police confirmed no complaint has been lodged. Banerjee has suffered injuries in the past and is under a "Z+ category" security cover.

It is a second major jolt to the Congress within a few days as former minister Mahendrajeet Singh Malviya recently joined the BJP which fielded him from Basnwara in the LS elections. Rajasthan Chief Minister Bhajanlal Sharma, state BJP president C P Joshi and Union minister Bhupendra Yadav welcomed the new joinees into the party fold at its state headquarters. Addressing the joining ceremony, Kataria said he was driven by his conscience to join the BJP. He said the BJP understands the pain and suffering of farmers, the poor and the common man.

ETMarkets scanned through the quarterly shareholding of promoters, and found seven companies where the holding came down sharply on a sequential basis, while the stocks have gained up to 55% so far in 2024.

“The Reserve Bank of India has been protecting rupee from depreciating very sharply,” Parul Mittal Sinha, head of India financial markets at the lender said on Bloomberg TV Friday. The monetary authority has “been following the stated policy of containing volatility in the rupee,” she said.

Revenue from operations was at Rs 247.29 crore during the quarter under review. It was at Rs 210.49 crore in the year-ago period.

“From an asset allocation perspective, a slightly longer-term answer to your question is yes, inflation is likely to be stickier and hence, while rates might have peaked, coming down might take some time. The asset allocation needs to be thought about in that context.”

Anita Nariani Schulze is part of the Sindhi minority. Her complaint alleges that her senior and direct managers, both male, consistently excluded her from meetings while inviting her male counterparts, criticised her, micromanaged her work and deprived her of bonuses, despite positive performance evaluations and significant team contributions.

But two senior envoys who attended said there was no direct response from the ministers gathered in Brussels when Blinken said: "We must push back on China together and show strength in unity."

This comes as the San-Francisco based firm is at the receiving end of the Indian government over an issue of blocking and unblocking certain handles tweeting about farmer protests.

Foreign companies looking for incentives under the scheme may have to invest Rs 500 crore over four years, while the threshold for domestic firms is likely to be around Rs 20 crore for five years, the source who did not wish to be named said.

Growth More than in MetrosAccording to companies like Aisle and Truly Madly, which have millions of users and position themselves as “serious” dating apps, and bespoke high-end dating services like Sirf Coffee, a lot more users from such places are not only keen on using these apps, but also willing to pay for it.

“Indian companies need to re-skill, train, and acquire more relevant talent, if they are to successfully integrate AI technologies. Most importantly, they should be willing to make the continued investment. It is an uphill race in which there will be winners and losers,” said Deloitte India CEO N Venkatram.

Ambassador Joao Cravinho, head of the EU delegation, led Ambassadors of various European countries to a quiet lunch with Modi at the capital last year.

"It is the collective wisdom of the marketplace that there is action and we will move with speed. That improves the confidence level of industry."

Directives from the Centre have to be executed at the state level. So, there are many things that are not in Modi’s hands, says Raamdeo Agrawal.

"The fact that we are the world’s largest democracy and we are all aware that power and a role in global affairs for a nation comes from economic strength."

"Now there is a stage three and stage four of digitisation, we will take a call on this only after taking all things into account."

"There is a leadership vacuum in the company, because they made the wrong choice of CEO three years ago and that is playing out right now."

Rupee#CAD#Economic crisis#Food Bill

The team behind The Artist will have spent the first day of the rest of their lives conforming to the grandest, and most lucrative, of Hollywood traditions.

It's the World Book fair, which comes around once every two years sprawling across the giant halls of Pragati Maidan. This is the fair's 20th edition.

An elephant figurine gifted by the then HM LK Advani to US Secretary of State Colin Powell in 2002, has made its way to the State Department hall.

Statistical models used by IMD will still be used for monsoon forecast, but the ministry of earth sciences is putting more emphasis on dynamic models.

Newly discovered documents have revealed the first telegraph messages and joy when England was linked for the first time with India on 23 June, 1870.

Hundreds of worried fans of ailing Bollywood megastar Amitabh Bachchan today performed a yagna here to pray for his speedy recovery.

Alfa Laval (India) today said its parent firm has raised the delisting offer price to Rs 2,850 a share.