Goldman Sachs picks these 12 ‘alpha’ stock despite record FII selloff, when will the market turn bullish?

Goldman Sachs has identified 12 Indian stocks as medium-term “alpha” ideas even as foreign institutional investors (FIIs) continue their record exodus from domestic equities, warning that overseas inflows may not return quickly despite easing oil prices, according to an ET report.The brokerage said FIIs have sold $22 billion worth of Indian equities so far in…

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NASA astronauts may wear Prada spacesuits during Artemis III mission

NASA astronauts participating in the Artemis program could soon be wearing spacesuits designed by Prada. The luxury fashion company partnered with Axiom Space to help develop the new AxEMU lunar spacesuits intended for future Artemis missions. The collaboration has drawn global attention because it combines high-end fashion expertise with advanced aerospace engineering. NASA currently plans…

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Cabinet approves Rs 25,530 crore scheme to strengthen ration distribution system till 2031

The Centre on Wednesday approved a Rs 25,530 crore scheme to continue and modernise the public distribution system (PDS) including ration transport, dealer support and technology upgrades, till March 2031.The Cabinet Committee on Economic Affairs (CCEA) cleared the umbrella scheme called SARTHAK-PDS for the 16th Finance Commission period.The scheme combines two existing programmes related to…

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Rupee hits new record low near 97 against dollar, oil prices and bond yields keep pressure on currency

The rupee fell to a fresh record low on Wednesday as elevated oil prices and rising US Treasury yields weighed on investor sentiment, while concerns over prolonged geopolitical tensions and potential global rate hikes continued to pressure emerging market currencies, Reuters reported.The domestic currency touched an all-time low of 96.96 against the US dollar during…

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OUAT 2026 registration begins for UG admissions: Check key dates and direct link to apply

OUAT 2026 registration begins for UG admission The Odisha University of Agriculture and Technology (OUAT) has started the OUAT 2026 registration process for undergraduate (UG) admissions. Eligible candidates can now fill out the application form through the official website ouat-lokaseba-odisha.in.As per the official schedule, candidates can submit the OUAT 2026 application form till May 11,…

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For first time, Russia admits oil production has declined amid Ukraine’s attacks on refineries

Russia, for the first time, has publicly acknowledged a dip in its oil production this year, even as it assured that the country was continuously stepping up its “export infrastructure to its maximum capacity.”Speaking to reporters at the St Petersburg International Economic Forum on Thursday, deputy Prime Minister Alexander Novak said that current output was…

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