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☆ CNBC's Inside India newsletter: Stocks have 'bottomed out.' Here's what 2025 has in store
▼ + stars: | 2025-01-09 | by ( Ganesh Rao | ) www.cnbc.com time to read: +6 min

Fears of lofty valuation multiples alongside trimmed earnings expectations have led to a steady decline for the Nifty 50 . By my count, the Nifty 50 turned negative by the fifth trading day of the year in seven of the past 10 years. Many also believe that Indian equities, after their long slide, are now ripe for picking. Investor interest in India waned at the end of 2024 because of a pullback in Indian equities during that period. The dip in the market is a buying opportunity, he says, and names three Indian stocks to buy for 2025.

Persons: Bilal Kuchay, India hasn't, Herald van der Linde, Morgan Stanley, Ridham Desai, Garre, Bernstein, Surendra Goyal, Nifty, Donald Trump's, Kunal Desai, Desai, Eleswarapu, Pulkit, Goldman Sachs Organizations: Getty, Nurphoto, HSBC, Asia, Herald, Citi, National Statistical Office, Reserve Bank of, HDFC Bank, Indian Commerce Ministry, CNBC, TV18, Trump, BNP Locations: Samastipur, Bihar, India, China, Pulkit Patn

☆ Goldman Sachs sees a 'clear acceleration' in India infrastructure spending. Here's why.
▼ + stars: | 2025-01-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGoldman Sachs sees a 'clear acceleration' in India infrastructure spending. Here's why. Goldman Sachs' India industrials analyst, Pulkit Patni, sees continued momentum in India's infrastructure growth, driven by solid government investment and an upswing in real estate.

Persons: Goldman Sachs, Pulkit Patni Organizations: India Locations: India

☆ CNBC's Inside India newsletter: Modi's loss could be India's gain
▼ + stars: | 2024-06-06 | by ( Ganesh Rao | ) www.cnbc.com time to read: +7 min

Indian Prime Minister Narendra Modi gestures, at the Bharatiya Janata Party (BJP) headquarters in New Delhi, India, June 4, 2024. Adnan Abidi | ReutersThis report is from this week's CNBC's "Inside India" newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Far from rewarding Prime Minister Narendra Modi's party with a supermajority — as polls had predicted — Indians elected 240 BJP lawmakers to India's 543-seat Parliament, which falls short of a simple majority for Modi's party. However, as the largest party, the BJP will form a coalition government thanks to its alliance with smaller parties ahead of the elections. This "radical transformation" is expected to lead to a significantly more efficient economy and help India's currency, according to Sullivan.

Persons: Narendra Modi, Adnan Abidi, Narendra Modi's, Modi, Gavekal, Tom Miller, Udith Sikand, Malcolm Dorson, Aastha Gudwani, who's, India's, Morgan, Ridham Desai, Will, Goldman Sachs, Abhiram Eleswarapu, Eleswarapu, Tanvir Gill, Sri Jegarajah, Sumathi Bala, Seema Mody, Amala Balakrishner, Vinay Dube, could've, James Sullivan, Sullivan Organizations: Indian, Bharatiya Janata Party, BJP, Reuters, CNBC, Global, of America, Gavekal Research, India Active, BNP, CNBC Pro, JPMorgan, U.S . Federal Locations: New Delhi, India, CNBC's

☆ What’s next for Zee shares? Here’s what Wall Street analysts are saying after Sony merger was called off
▼ + stars: | 2024-01-23 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

Shares of the Indian media house fell 34% on Tuesday, while investors shrugged off the impact on the $124 billion Japanese media and technology giant Sony. ZEEL-IN 1Y mountain What are analysts saying about Zee shares, moving forward? Citi sharply slashed its price target on Zee's stock from 340 Indian rupees to 180 Indian rupees. Zee has not stated whether it will pursue the merger while the litigation with Sony could hinder improvements in operations or explore a merger with other players," the analysts added. Similarly, Elara analysts added, "Possibility of any other strategic/financial partner buying majority stake in Zee could provide respite to valuation multiples."

Persons: Motilal Oswal, Zee, Motilal, Aliasgar Shakir, Karan Taurani, Pulkit Chawla, Emkay, Zee's, Punit Goenka, Chawla Organizations: Zee Entertainment, Sony, Zee, Citi, Wall, Reliance, Disney Star India, Motilal Oswal, Star, Disney, Netflix, Amazon Prime, Reliance Industries, Media, Elara, RIL, Zee Management, Quintillion Business Media, Bloomberg News, NDTV Locations: India, Zee

☆ Robots are getting good at dribbling soccer balls, new video from MIT shows
▼ + stars: | 2023-04-03 | by ( Grace Mayer | ) www.businessinsider.com time to read: +3 min

Researchers from MIT designed "DribbleBot," a robot that dribbles a soccer ball just like humans. Researchers from MIT's Improbable Artificial Intelligence Laboratory designed the robotic system, which can dribble a soccer ball across a range of surfaces. We need the machines to go over terrains that aren't flat, and wheeled robots can't traverse those landscapes." Four-legged robots designed by other companies, including Boston Dynamics, Ghost Robotics, and Anybotics, are also putting their robot-iterations to work, such as performing equipment inspection checks at companies. But advancements like MIT's show there's still progress being made toward the dream of competitive soccer robots.

It's looking that way, if crypto options traders are anything to go by. The volume of bitcoin options traded on Deribit, one of the leading exchanges for crypto-focused derivatives products, jumped 82% in January versus December, according to crypto market maker OrBit Markets. Ether options swelled 38%. Calls commanded 71.1% of total bitcoin futures open interest, and 77.5% for ether, according to Deribit data. Yet the surge in volumes also indicates investors are in two minds about the direction of crypto markets, preferring low-risk, low-reward options to actually buying bitcoin or ether.

☆ Family, supporters demand justice in alleged murder of Indian woman
▼ + stars: | 2022-09-25 | by ( Saurabh Sharma | ) www.reuters.com time to read: +1 min

Register now for FREE unlimited access to Reuters.com RegisterPolice said they had arrested Pulkit Arya, as well as a resort manager and an assistant manager on suspicion of murder. Reuters could not immediately reach lawyers and family members of Pulkit Arya for comment. Local BJP officials said Vinod Arya was expelled from the party on Saturday after his son's arrest. Reuters could not immediately reach Vinod Arya for comment. Register now for FREE unlimited access to Reuters.com RegisterWriting by Rupam Jain Editing by Frances KerryOur Standards: The Thomson Reuters Trust Principles.

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