15 C Tamil Nadu / The Economic Times
Sanjay Roy, the convict in the RG Kar hospital rape and murder case, will initially work as a gardener at the Presidency Correctional Home. Later, he will be trained for other jobs like tailoring and carpentry. As an unskilled laborer, he will earn a daily wage of Rs 105. A court sentenced him to life imprisonment for the crime.
Varun Goel of Mirae Asset suggests the recent 10-15% market correction offers an opportunity to build medium-to-long-term portfolios. Focus on IT, pharma, chemicals, and consumption sectors while avoiding overvalued segments like PSUs and defense.
Deven Choksey of DRChoksey FinServ highlights opportunities in the market despite some corrections. He advises against buying overpriced stocks like Zomato and Dixon, suggesting waiting for meaningful valuation corrections. Hospital stocks are also expensive, and momentum won't last. Focusing on largecap companies with stronger fundamentals and lower valuations is recommended.
Labour and Employment Minister Mansukh Mandaviya on Saturday said the Employees Provident Fund Organisation has streamlined and fast-tracked the process for transfer of provident fund dues from one organisation to another and simplified the joint declaration process for correction in personal information of its subscribers. The two procedural reforms will benefit over 65 million EPFO subscribers.
The BJP-led Mahayuti alliance secured a landslide victory in the Maharashtra assembly elections, marking a significant turnaround from their Lok Sabha performance. Factors like the RSS's active role, the popularity of the 'Ladki Bahin' scheme among women voters, and a focus on Hindutva ideology contributed to their success.