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HinduBusinessLine
1h
303
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Former US President Biden diagnosed with 'aggressive' prostate cancer
- Former US President Joe Biden, 82, was diagnosed with an aggressive form of hormone-sensitive prostate cancer on Friday after experiencing urinary symptoms.
- Biden and his family are reviewing treatment options with doctors as the cancer scored a nine out of 10 on the Gleason score grading system.
- Despite the high-risk nature of the cancer, Dr. Herbert Lepor mentioned that advanced treatments have improved the outlook, with many men living beyond five to 10 years even with metastatic prostate cancer.
- Prominent Democrats, including U.S. Senator Chris Murphy, have acknowledged concerns about Biden's age, with some regretting the decision to advance him as the nominee for the 2024 election.
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Bloomberg Quint
1h
220
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Government Reviews IndiGo–Turkish Lease Pact Ahead Of May 31 Deadline; Renewal Unlikely— NDTV Profit Exclusive
- The government is reviewing the wide-body lease pact between IndiGo and Turkish Airlines, which is set to expire on May 31.
- Renewal of the leasing agreement is unlikely due to security concerns and strained bilateral ties with Turkey.
- India has been distancing itself from Turkey due to its defense cooperation with Pakistan, leading to a potential non-renewal of the current pact.
- IndiGo has been operating Airbus A330s on lease from Turkish Airlines for its Istanbul flights and defended the collaboration as essential for providing international access to Indian flyers.
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Medium
1h
298
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The Golden Age After the Singularity
- The article explores the concept of a 'Golden Age' following the Singularity, where complex systems break under their own weight.
- Machines are evolving to surpass human cognition, raising questions about the future of humanity and intelligence.
- It envisions a new operating system for the planet based on consciousness, transparency, and accountability.
- The article discusses the Cognitive Schism, where emotion and logic drift apart in civilizations, and the role of conscious AI in bridging this gap.
- Post-Carbon Governance is projected as a future with soil-backed currencies, open-source governance, and AI advisors for decision-making.
- Not everyone may embrace this future, leading to societal schisms and ideological retreats.
- Religion and culture are seen adapting to embrace the post-singularity alignment, finding resonance in values of care and stewardship.
- Humans are portrayed as essential in a future where AI serves democracy, and governance is participatory and climate-stable.
- The envisioned future involves joyful dense cities, rewilded Earth, participatory governance, and AI as a democratic ally.
- The article emphasizes the need for intentional design to shape this future, highlighting the importance of alignment over acceleration.
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HinduBusinessLine
1h
283
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US remittance tax plan may hit Indian households, rupee: GTRI
- US proposes a tax on international money transfers made by non-US citizens, excluding US citizens.
- India could face a significant impact as it received $120 billion in remittances in 2023-24, with a large portion originating from the US.
- A 5% tax on remittances could lead to a $12-18 billion annual shortfall for India, potentially affecting the rupee's value and putting pressure on the Reserve Bank of India.
- Millions of Indian families in states like Kerala, Uttar Pradesh, and Bihar rely on remittances for essential expenses, and a decline in these flows could adversely impact household consumption.
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Bloomberg Quint
1h
112
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Hyundai Motor Q4 Review: Premiumisation Lifts Margins But Growth And Market Share Worries Linger
- Hyundai Motor India Ltd. reported a stronger-than-expected fourth quarter performance driven by improved average selling prices, favorable product mix, and lower discounting.
- Jefferies downgraded Hyundai to underperform, citing a fall in India private vehicle market share to a 20-year low and a subdued growth outlook.
- Brokerages caution about Hyundai's medium-term growth prospects due to concerns over market share, muted domestic outlook, and expensive valuations.
- Across brokerages, Hyundai's improved ASPs and feature-rich product mix were acknowledged as primary drivers of fourth-quarter margin outperformance.
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Bloomberg Quint
1h
51
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Stocks To Buy: Angel One, Divi's Labs, Gala Precision, Godrej Consumer Products, TVS Motors
- Analysts recommended buying shares of Divi's Laboratories, Angel One Ltd., Gala Precision Engineering, Godrej Consumer Products Ltd., and TVS Motors for Monday's trading session.
- Angel One Ltd. received a 'buy' recommendation with a target price of Rs 2,950 per share and a stoploss at Rs 2,650.
- Divi's Laboratories was advised as a 'buy' with a target price of Rs 6,350 per share and a stop loss at Rs 6,200 after reporting a positive performance.
- Gala Precision Engineering, Godrej Consumer Products, and TVS Motors also received 'buy' recommendations with target prices of Rs 950, Rs 1,340, and Rs 3,000 per share, respectively.
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Bloomberg Quint
2h
235
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United Spirits Q4 Preview: Robust Summer, Cooling Barley Prices, Sustained Momentum To Drive Growth
- United Spirits is set to announce its financial results for the January–March quarter with expectations of a 54.6% year-on-year drop in revenue to Rs 2,953.9 crore.
- Brokerages predict strong growth in the alcoholic beverages sector supported by regulatory developments, easing input costs, and robust demand, especially in the premium segment.
- BofA assigns United Spirits a price target of Rs 1,585 citing improved visibility across regulatory and business fronts.
- Nirmal Bang forecasts double-digit revenue growth and margin expansion for United Spirits, driven by a robust summer season and sustained momentum in the Prestige & Above portfolio.
- Investec expects sector-wide double-digit growth with supportive state policies and favorable commodity costs benefiting Ebitda performance.
- United Spirit's Q4 consolidated revenue is estimated to decline but Ebitda is expected to rise and margins to expand significantly compared to the previous year.
- Brokerages like BofA, Nirmal Bang, and Investec provide positive outlooks for United Spirits with varying target prices and growth expectations in the Alco-Bev sector.
- Key factors influencing the valuation of United Spirits include regulatory changes, input costs, demand trends, and competition from other players in the market.
- Nuvama anticipates a favorable showing for liquor companies driven by premiumization and supportive policies, while IIFL Capital expects sales growth, margin expansion, and stable raw material prices for United Spirits in Q4.
- Overall, the sector is poised for growth with positive sentiment towards United Spirits driven by multiple factors contributing to revenue and margin improvements.
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HinduBusinessLine
2h
249
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Flat opening seen for Nifty, Sensex amid weak global cues
- Focus in the market is expected to shift towards domestic earnings and economic data amidst no major global or domestic events scheduled.
- FIIs turned buyers in April and increased buying in May, expecting a resilient market in India due to improved investment scenario and macroeconomic factors.
- Asian stocks are moderately down on Monday despite strong Wall Street closing on Friday, while technical experts expect current bullish trend to continue.
- Market has transitioned into a 'buy on dips' mode with Nifty surpassing key resistance levels, anticipating a move towards 25,800–26,000 zone with crucial support at 24,500–24,300 levels.
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HinduBusinessLine
2h
101
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How to lock in health cover gains
- Insurance providers can now offer long-term health insurance plans with a tenure of up to five years, allowing policyholders to lock in their premiums and save up to 18%.
- Multi-year health insurance plans provide premium certainty, protection from future hikes, and coverage without renewal hassles or interruptions.
- Premiums for multi-year plans can be spread over the policy tenure for tax benefits, and EMI options make payments flexible for NRIs and frequent travelers.
- Early purchase of health cover benefits with shorter waiting periods, while senior citizens can avoid yearly premium hikes and avail tax deductions under Sec 80D.
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HinduBusinessLine
2h
75
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Buzzing stocks: Dr Reddy’s Lab, BEL, Lumax Auto, KSB, RPP Infra, LNG-related companies, KEC International, Brigade, Sapphire Media, Newton Software
- KSB has secured a project worth around Rs 25.34 crore under the PM-Kusum Scheme for solar water pumping systems in Haryana & HAREDA.
- EIH Associated Hotels has received approval for a banquet facility at Trident, Agra, with an estimated investment of ₹29 crore by November 2026.
- RPP Infra Projects has received a ₹154.43 crore LoA for projects in Jharkhand and Tamil Nadu.
- BEL has secured additional orders worth ₹572 crore for defence equipment like integrated drone detection systems.
- Lumax Auto will acquire the remaining 25% stake in IAC International Automotive India Pvt Ltd for ₹221 crore.
- New regulations mandate approval for LNG import terminals in India; focus on promoting competition among entities.
- KEC International has secured T&D projects worth ₹1,133 crore in India from PGCIL and private developers.
- Sapphire Media has acquired debt-ridden Reliance Broadcast Network, owner of Big FM 92.7, through insolvency process.
- Brigade Enterprises achieved sales of ₹7,847 crore in FY25, up 31% from FY24, driven by demand for residential properties.
- JSW Infrastructure promoter divested a 2% stake for ₹1,210 crore to comply with SEBI's MPS norms.
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HinduBusinessLine
2h
248
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Managed ETF portfolios
- A Managed ETF portfolio involves three participants — investor, portfolio manager, and ETF manager.
- The portfolio manager actively manages the ETF portfolio to generate returns by changing the allocation to different style, sector, and strategy ETFs.
- However, it is suggested that investments in a Managed ETF portfolio are better off being passively managed to avoid negative impacts on returns due to frequent and poorly timed entries and exits.
- The portfolio manager's ability to select ETFs and effectively time the market are crucial in generating alpha returns, with the product recommended to be kept separate from the core portfolio and structured as an open-end fund.
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Bloomberg Quint
2h
198
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Stock Recommendations Today: HAL, Eris Lifesciences, Hyundai Motor, Divi's Labs On Brokerages' Radar
- Brokerages like Jefferies, Investec, Macquarie, BofA provide stock recommendations for companies like HAL, Eris Lifesciences, Hyundai Motor, and Divi's Labs.
- Jefferies sees potential for further domestic manufacturing and increased target price on Hindustan Aeronautics Ltd.
- Investec initiates coverage on Eris Lifesciences, projecting strong performance with a buy rating and target price of Rs 1,880.
- Hyundai Motor India Ltd. receives divergent views from Macquarie, JPMorgan, and BofA, reflecting different perspectives on the company's performance.
- Broker recommendations span various sectors, including technology, infrastructure, and healthcare, offering insights on companies like Kaynes Technologies, NCC, and Emami.
- Analysts also discuss companies such as Delhivery, Eureka Forbes, Patanjali, and Emami, emphasizing financial performance, growth prospects, and market positioning.
- Key takeaways from the Macquarie Conference cover financial institutions like Shriram Finance, ICICI Bank, ICICI Lombard, providing insights into expected growth and operational strategies.
- Multiple brokerages provide outlooks on companies such as Endurance Technologies, Mahanagar Gas, Divi's Laboratories, highlighting target prices, revenue expectations, and market preferences.
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Bloomberg Quint
2h
2.8k
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Bharat Electronics, Gujarat Gas, PFC, Petronet LNG Q4 Results Today — Earnings Estimates
- Bharat Electronics, Gujarat Gas, PFC, and Petronet LNG are set to announce their Q4 results today.
- Bharat Electronics is expected to report a 4% rise in revenue at Rs 8,890 crore.
- Gujarat Gas is anticipated to post a net profit of Rs 215.6 crore.
- Analysts' estimates suggest a positive outlook for these companies in terms of revenue, Ebitda, and net profit.
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Medium
3h
33
Image Credit: Medium
What is the best way to invest in lithium in 2025?
- Consider investing in Lithium through ETFs like Global X Lithium & Battery Tech ETF (LIT) and Amplify Lithium & Battery Technology ETF (BATT) for diversified exposure.
- Junior Mining Companies present opportunities for potential high returns but entail higher risks due to exploring new lithium deposits.
- Indirect Exposure can be gained through companies like Tesla or Panasonic, which heavily rely on lithium for batteries.
- Global lithium demand is expected to quadruple by 2030, making it a promising investment opportunity despite current supply constraints and geopolitical competition.
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Medium
3h
243
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The One Metric That Changed Everything
- Data scientists rely heavily on metrics like accuracy, precision, and recall, but sometimes these metrics can be misleading.
- In a churn prediction project for a subscription app, achieving 89% accuracy initially seemed like a success, but the business was suffering from misfired retention campaigns and increased costs.
- The team realized that accuracy alone was not a reliable metric and switched to AUC (Area Under the ROC Curve) which helped save the project.
- This experience taught the team a $50,000 lesson and emphasized the importance of not trusting accuracy alone for model evaluation.
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