The domestic equity market remained resilient for much of last week in spite of weak GDP numbers and other negative macro indicators, but inflation worries came in to dominate the narrative and trigger bear hammering of stocks by the end of the week. In fact, RBI’s status quo on policy rates acted as a mood spoiler: an interest rate cut was what was needed to kickstart the economic engine, but RBI threw the ball back into the government’s court, which sparked off selling pressure in the market. The Union Budget of 2020 is now going to be the next major turning point for the market, as far as domestic factors are concerned, but till then global factors will keep investors on their toes. One good thing is that liquidity flows have remained strong, which will prevent the market from correcting heavily in terms of price, but time-wise correction will continue till the beginning of next year. November auto sales numbers showed slight improvement compared with that in the … [Read more...] about Bears get a shot in the arm: Will it mean end of rally?
Sight keep meaning
'If you batted an eyelid and drifted the vehicle a little, you'd certainly hit the unsteady rocks and meet your end. Or so it seemed.'Rediff.com's Divya Nair takes you higher up the mountains, towards Tso Moriri, a lake that gets its name from a beautiful woman. PART 1: 12 days, 5 states, 1,800 km: A dream journey begins PART 2: Delhi to Manali: 17 hrs of driving, funny signs and a risky tunnel PART 3: Manali-Jispa: The magic of Nature Jispa to Tso Moriri: 313 km IMAGE: Lotus was a naughty, cranky kid we met at Pang, our lunch spot enroute to Tso Moriri. He'd fallen and injured himself and kept clinging to his mother, not allowing her to work in peace.I was challenged to click a happy picture of him and after a lot of playing around, this was the best I could manage. Photograph: Divya Nair/Rediff.com I woke up at 3.20 am. By the time I gathered my scattered stuff in the room and rechecked if I had picked up everything, the other convoy members had vacated the hotel for … [Read more...] about Jispa-Tso Moriri: Tipsy bridges, cute kids and a long lake
'Politics is not flirtation. You can’t go into politics once every five years in Amethi. You can’t dip your toes in politics, you have to be a 24x7 politician’ ‘The media today, at the moment at least, is not questioning enough and we seem a little intimidated’ ‘Amit Shah had a double-barrel gun -- Modi at the top and RSS on the ground’ ‘Modi’s challenge, and what he has successfully managed to do, in the 2014 elections is to make himself Hindutva Plus’ The second part of journalist Rajdeep Sardesai’s interview to Sheela Bhatt/Rediff.com. Don’t miss the first part: ‘I was never anti-Modi’ While writing the book on the 2014 elections, were you able to understand who Modi is? If you see the epilogue, I quote Ashis Nandy from a seminar where he described Modi as a textbook fascist, and then I also quote Modi’s admirers who say he is a “karmayogi”; at the end of the day he is a remarkably … [Read more...] about Rajdeep Sardesai: ‘Item number was wrong use of words for Priyanka, should’ve said cameo’
3D-printed cocktails, a traffic jam sculpture made of hundreds of tons of sand and more celebrity sightings than a Kardashian Christmas party were all part of over-the-top festivities during the week of Art Basel Miami, but it was a banana that stole the show.The most talked-about artwork of the week was titled Comedian — a spotty banana duct-taped to a wall by artist Maurizio Cattelan.According to artnet News, two pieces quickly sold for $120,000. The Paris-based Perrotin gallery raised the price to $150,000 for the third piece, which will be sold to a museum. The bananas were bought at a local grocery store. No instructions were given on what to do as the banana ages. View this post on Instagram The banana taped on the wall, was sold for USD 120,000 (Rs 85,55,640) recently at Art Basel Exhibition. Well it has been eaten by a New York City-based performance artist, David Datuna and no, we are not kidding. The installation by artist Maurizio … [Read more...] about Here’s how a banana, duct-taped to a wall by artist Maurizio Cattelan added up to $150,000 at Art Basel Miami
Punjabi singer Himanshi Khurrana, who was voted out of the Bigg Boss 13 house on Sunday, has claimed her eviction was not based on the votes received from the audience. She also opened up on her equations with Asim Riaz, Sidharth Shukla and facing jibes from Paras Chhabra and Shehnaaz Gill.Speaking with Pinkvilla in an interview, Himanshi said, “I would have felt I was not on the right track if the eviction was based on votes received from the audience. When I came out, I realised audience is showering love and support on me. But this elimination was from inside the house, there is nothing I could have done.”Also read: Pati Patni Aur Woh box office collection day 3: Kartik Aaryan film collects Rs 34.5 cr, Arjun Kapoor’s Panipat steady at Rs 17.9 crTalking about her interaction with Shehnaaz, Himanshi added, “Had she not reacted, no one would have known inside the house. I only paid her back on her actions. Even when the pushing and shoving happened during the … [Read more...] about Bigg Boss 13: Himanshi Khurana claims eviction was not based on audience votes