Agri Picks Report January 08, 2024: Geojit January 8th, 2024 09:27
According to Geojit, The area under rabi crops across India so far this year stands at 65.5 mln ha, down 1.2% on year, according to data from the agriculture ministry.

India is going back to basics, mid smallcaps not in bubble territory, says this macro watcher January 8th, 2024 09:27
"Our largecap benchmarks don’t represent tomorrow’s India. That’s because 55 percent of the benchmark weight is in services," said Ritesh Jain, co-founder, Pinetree Macro

Govt takes stringent action against fraudulent firms, identifies 29,273 bogus entities in GST scam crackdown January 8th, 2024 08:30
During the October-December quarter, authorities detected 4,153 bogus firms suspected of being involved in Input Tax Credit evasion, amounting to around Rs 12,036 crore. Notably, 2,358 of these identified bogus firms were detected by the Central GST Authorities.

Explainer: What is the panel that blew off a Boeing plane in mid-air? January 8th, 2024 08:30
The panel that tore off is a plug put in place on some MAX 9s instead of an additional emergency exit, but not every plane is manufactured in such a way.

Maldives row: Travel demand takes a hit as Indians cancel trips to island nation after PM Modi snubbed January 8th, 2024 08:30
Many Indians who had already made bookings to Maldives took to social media to announce cancellation of their travel plans to Maldives, and posted pictures of cancelled flights and hotel reservations.

Boeing CEO’s Dave Calhoun comeback plan for 2024 takes a hit five days in January 8th, 2024 08:30
In just months, Boeing Co. has suffered a series of quality lapses that threaten to erode trust in the manufacturing prowess of the biggest US exporter — notably its 737 Max aircraft, a crucial cash cow.

Why Axis Mutual Fund CEO B Gopkumar is confident of its turnaround by June 2024 January 8th, 2024 08:30
The MD and CEO of Axis Mutual Fund says the fund house would now like to adopt a blended style of investment, and also focus on hybrid funds

Boeing Max grounding goes global as carriers follow FAA order January 8th, 2024 08:30
After Alaska Air kept its fleet of 65 737 Max 9s on the ground following the incident on Jan. 5, United Airlines Holdings Inc., the model’s top operator, followed suit with some jets.

Apple’s reign as world’s top stock at risk from bumpy 2024 start January 8th, 2024 08:30
Shares of the technology giant fell 0.4% Friday to close at about $181 after the New York Times reported that the Justice Department is closer to filing an antitrust case against the company. The decline notched the fifth consecutive negative day for Apple, its longest losing streak since October.

Experts list top 10 picks for next one month, despite a muted start in 2024 January 8th, 2024 08:30
As the market advances, it is advisable to focus on risk management and have a selective approach while looking out for thematic movers amidst the ongoing sectoral rotation, Sameet Chavan said.