Bollywood actress & BJP Leader Hema Malini to join campaign trail for party candidates in odisha for upcoming Lok Sabha and Assembly elections on May 17.
Bhubaneswar, May 15: Bollywood actress & BJP Leader Hema Malini to join campaign trail for party candidates in odisha for upcoming Lok Sabha and Assembly elections on May 17.
Dream Girl Hema Malini is scheduled to visit Odisha's Bhubaneswar, Cuttack and Pipili and attend public meetings on May 17, informed BJP Vice-President Golak Mohapatra.
Hema Malini will address two public meetings in North Bhubaneswar and Kisannagar in Cuttack and hold a roadshow in Pipili.
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New Delhi, July 27: Net investments by Foreign Portfolio Investors (FPIs) in the Indian equity market declined to Rs 2,916 crore for the week ending July 26, due to investor selling amid budget uncertainty.
As per data from the National Securities Depository Limited, last week foreign investors injected Rs 15,420 crore into Indian markets, but their buying declined significantly for the week July 22-26.
So far in July, the net investment by FPIs in the equity market stands at Rs 33,688 crore. This year's total investment by foreign investors has now surged to Rs 1,39,010 crore.
"The Budget 2024-25 has not sparked any significant excitement in the market, while it was both populist and prudent. The increase in short- and long-term capital gains taxes added to the volatility on budget day. Although the government's emphasis on fiscal discipline and growth is appealing, FIIs are cautious due to current high valuations and muted expectations for Q1FY25 results" said Vinod Nair, Head of Research at Geojit Financial Services.
He further added, "Meanwhile, DIIs continue to employ a 'buy on dips' strategy, which contributed to market gains on the week's last trading day, particularly in the pharma, auto, metal, IT, and FMCG sectors."
The volatility of FPI flows extends beyond India, affecting other markets as well. Countries like Brazil, Indonesia, Malaysia, Philippines, and South Korea have witnessed FPI inflows this week while the markets in Taiwan, Thailand, and Vietnam have experienced outflows.
"Market focus has swiftly moved on from the Union Budget, unveiled in the week, to the ongoing Q1FY25 earnings season. The FY2025 Union Budget delivered a judicious balance between capital expenditure, fiscal prudence, and welfarism. FPI flows are expected to remain volatile" said Shrikant Chouhan, Head of Equity Research, Kotak Securities.
This year's trend in foreign investment has been erratic. Foreign investors were net sellers in January, April, and May, cumulatively selling equities worth around Rs 60,000 crore. However, they turned into net buyers in February, March, and June, with cumulative purchases amounting to Rs 63,200 crore.
(ANI)
Read more: Business News
New Delhi, July 27: Former India cricketer Sanjay Manjrekar said it is not about the coach but Indian cricket that won the four World Cups for the country.
Manjrekar's statement comes at a time when Gautam Gambhir assumed the duties of India head coach for the Sri Lanka tour after the end of Rahul Dravid's tenure.
Under Dravid's mentorship, India lifted the T20 World Cup 2024 title in Barbados and ended their 11-year-long ICC title drought. India also came close on two occasions previously when they lost in the World Test Championship final and ODI World Cup final against Australia last year.
"No coach, Lalchand Rajput, Gary Kirsten & Dravid. Coaches when India won WCs in 1983, 2007, 2011 & 2023. It’s really about Indian cricket, not who the coach is. Time we stop thinking there is a direct correlation," Manjrekar wrote on X.
Gambhir's first coaching assignment will begin in Sri Lanka later in the day as Suryakumar Yadav-led India will take on hosts in the first T20I of the three-match series in Pallekele.
(IANS)
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Mumbai, July 27: Filmmaker duo Raj & DK are gearing up to bring their first action-fantasy series, 'Rakt Bramhand - The Bloody Kingdom', which they describe as 'uncharted territory', making it all the more thrilling for them.
The makers took to social media and shared the announcement, dropping an intriguing poster featuring a massive bejeweled throne with blood spots.
The post was captioned: "We've got BIGGGGG news that'll stir your blood! We're pumped to announce our first ever action-fantasy series... now filming."
The series promises a gripping, edgy narrative set against the backdrop of a fantastical kingdom, complete with bloody action and spectacular visuals.
For this project, Raj & DK have partnered with director Rahi Anil Barve and long-time collaborator Sita R. Menon, under their production company, D2R Films.
In a statement, Raj & DK said: "This is uncharted territory, which makes it all the more thrilling for us. Our goal is to develop a fictional world that is both original and reminiscent of the fantastical tales we have heard in our childhood."
"We are having an amazing time working with the very talented Rahi and our uber versatile partner Sita to bring this unique vision to life. Working with Netflix has been excellent, and we have their enthusiastic support to back the unconventional vision for Rakt Bramhand," they added.
Monika Shergill, Vice President of Content at Netflix India, added: "After the outstanding success of the genre-bending 'Guns & Gulaabs', we're thrilled to team up with the masterful duo of Raj & DK for another defining series. 'Rakt Bramhand - The Bloody Kingdom' will be Netflix India’s first-ever mega action-fantasy series and is set to redefine the genre by combining grand-scale action with a thrilling storyline."
The announcement of the official cast will be made soon by the makers. 'Rakt Bramhand - The Bloody Kingdom' will be streaming on Netflix soon.
(IANS)
Read more: Entertainment News
