After gaining an average of 14% this week and more than 30% in the last one month, railway stocks may now come under some profit booking pressure. “4 out of 5 major railway stocks like RVNL, IRFC, IRCTC and Railtel are overbought with RSI above 75. Even though the outlook for these stocks remains bullish, … Read more
“Investors can consider infrastructure and logistics companies as attractive opportunities ahead of the Budget. Similarly, the railway sector is also expected to attract support from the Budget, making it a good buy ahead of February 2023,” says Raghvendra Nath, Managing Director – Wealth Management. In an interview with ETMarkets, Nath said: “The Budget could also … Read more
President Joe Biden said on Thursday that top US officials are deciding soon whether to send a senior official to Kyiv in a show of support for Ukraine. “We’re making that decision now,” Biden told reporters as he prepared to leave for a trip to North Carolina. A source familiar with the situation said on … Read more
By Anurag Khosla The decade of 2020s can turn out to be an era that reshapes our healthcare system by innovating and accepting digital technology at its heart. The outbreak and continuous surge of COVID-19 have driven many developments in the healthcare space, the way people seek medical assistance, doctor-patient interaction, at-home delivery models and … Read more
North Korea fired two suspected ballistic missiles into the sea Thursday, in what would be its first substantive provocation to the new US administration of Joe Biden. The nuclear-armed North has a long history of using weapons tests as provocations, in a carefully calibrated process to forward its objectives. Donald Trump‘s first year in office … Read more
WASHINGTON: Asserting that America and its diplomacy are back, US President Joe Biden on Thursday said his administration will repair the relationship with allies and engage with the world once again. “We will repair our alliances and engage with the world once again, not to meet yesterday’s challenges, but today’s and tomorrow’s. American leadership must … Read more
SEOUL—North Korea, even as it pursued denuclearization talks with the Trump administration, kept advancing its arsenal. Now the behind-the-scenes progress is in the public eye. At a military parade marking the 75th anniversary of the ruling Workers’ Party on Saturday, Pyongyang revealed a new intercontinental ballistic missile. North Korean leader Kim Jong Un, who had … Read more
SEOUL—North Korea celebrated 75 years of communism with a military parade at which it unveiled an intercontinental missile that experts say is likely larger than anything else like it on Earth. The Saturday event, the country’s first military parade in two years, signaled a shift back to the more strident approach Pyongyang long took before … Read more
TEL AVIV—Israeli Prime Minister Benjamin Netanyahu on Tuesday accused Hezbollah of improperly storing weapons in a civilian area near Lebanon’s capital that could explode soon, adding pressure on the Iran-allied group as it faces blowback over August’s deadly blast in Beirut. Mr. Netanyahu showed satellite photos of what he said was a missile factory located … Read more
The Trump administration threatened Wednesday to impose an array of fresh sanctions to deter China and Russia from selling weapons to Iran after an arms embargo on Washington’s Middle East foe expires next month. Elliott Abrams, the administration’s special envoy for Iran and Venezuela, told reporters that the sanctions “will have a very significant impact” … Read more