Saturday, August 08
New Delhi witnessed a moment of national pride on Monday as India's second space visitor Shubhanshu Shukla of the Indian Air Force was conferred the Ashoka Chakra, India’s highest peacetime gallantry award, during the 77th Republic Day celebrations.The prestigious honour was presented by President Droupadi Murmu at the ceremonial parade in the national capital.Group Captain Shukla made history in 2025 by becoming the first Indian to visit the International Space Station and only the second Indian to travel to space. He flew to the ISS on June 25, 2025, as part of the Axiom Space Ax-4 mission, serving as the mission’s pilot.
Renault has unveiled the all-new 2026 Duster, bringing major upgrades in design, technology and powertrain options compared to the outgoing model. The SUV is built on Renault Group’s new Modular Platform, developed specifically for Indian road and climate conditions.Renault Duster 2026 Engine options:The 2026 Duster will be offered with multiple powertrain choices, including turbo-petrol and strong hybrid options. The range-topping Turbo TCe 160 engine produces 163 PS of power and 280 Nm of torque, paired with either a six-speed manual gearbox or a six-speed wet-clutch dual-clutch transmission. Renault will also offer a Turbo TCe 100 petrol variant delivering 100 PS and 160 Nm, mated to a six-speed manual transmission. In addition, the company has introduced a Strong Hybrid E-Tech 160 po
Indian benchmark indices came under heavy selling pressure during the week, with the Nifty 50 sliding over 2.5% to close at 25,048, while the BSE Sensex declined nearly 2.4% to end at 81,537.The sell-off was broad-based, with all sectoral indices finishing lower and midcap and smallcap stocks seeing notable wealth erosion. The downturn in domestic equities was driven by a confluence of ongoing global and domestic headwinds.Here are the factors that could shape market direction in the upcoming week:1. Q3 earnings: Underwhelming and cautious Q3 earnings commentary from several corporates emerged as a key trigger, weighing heavily on market confidence so far. With results from companies such as Axis Bank and ACC due next, investors will closely watch how the market reacts to further earnings
As markets head into the pre-Budget phase amid persistent foreign investor selling and a weakening rupee, volatility indicators are flashing caution. In an interaction, Anand James, Chief Market Strategist at Geojit Investments Limited, shares his view on Nifty’s fragile technical setup, the likelihood of heightened volatility around the Budget, and whether oversold stocks like Kalyan Jewellers are poised for a relief rally.Edited excerpts from a chat:Given the sustained selling as weak rupee makes FII flee, how do you intend to trade Nifty in January expiry?Nifty’s feeble bounce off the 200 day SMA, and the close back below the same in the span of a few days is suggestive of markets anticipating more downsides. VIX has been rising steadily for four weeks now, pointing to higher volati
