The Indian Navy successfully test-fired anti-naval missiles

The Indian Navy on Wednesday successfully test-fired its first home-made anti-naval missile from a Seeking helicopter, officials said. The test was conducted at the Integrated Test Range (ITR) in Balasore, Orissa.

A senior Navy official said: “The firing is an important step towards self-reliance in special missile technology and reaffirms the Indian Navy’s commitment to nationalization. )

On Twitter, the Indian Navy released a short video of a missile being fired from a Seeking 42B helicopter. The new missile was tested a month after a joint successful test of an anti-ship version of the BrahMos supersonic cruise missile. Indian Navy and Andaman and Nicobar Command.

The Indian Navy is steadily increasing its overall combat capability to effectively protect India’s maritime security interests, especially in the Indian Ocean region. Defense Minister Rajnath Singh on Tuesday launched two Indian Navy frontline warships.

The ships – INS Surat and INS Udayagiri – were launched at Mazagon Docks Limited (MDL) in Mumbai. INS Surat is the fourth guided-missile destroyer in the P15B class, while INS Udayagiri is the second P17A class stealth frigate.

IOC, HPCL, BPCL slip due to margin pressure in rising crude oil prices; Yes

Oil marketing companies (OMCs) such as Indian Oil Corporation Limited (IOC), Hindustan Petroleum Corporation Limited (HPCL) and Bharat Petroleum Corporation Limited (BPCL) were under pressure on Wednesday, with stocks falling as much as 7 per cent.

According to Varun Dubey, senior research analyst at G Business, OMCs are losing between Rs 9-10 per liter on petrol and Rs 25-30 per liter on diesel. OMCs are suffering as crude oil prices rise amid the ongoing Russia-Ukraine crisis.

The increase in global fuel prices between March 22 and April 6, 2022 was about Rs 10 per liter for petrol and diesel, the senior research analyst added, adding that these increases were offset by compensation, excise and VAT. Central and state governments in November last year.

Despite the high price of crude oil, the price has not been revised since April 6, 2022, which is widely volatile and fluctuates around $ 112- $ 115 per barrel. Dubey speculated that if these companies fail to raise prices further, their health is likely to worsen.

Personally, HPCL stocks fell the most as share prices fell nearly 7 percent. HPCL touched a new 52-week low of Rs 238.8 per share on the BSE Intraday. However, IOC shares fell more than 4 per cent to Rs 119 per share on multiple triggers, including lower-than-expected Q4 results.

Similarly, shares of BPCL were also weak during Wednesday’s session, down nearly 2 per cent to Rs 336.5 per share, near the 52-week low. The government may take more time to sell its stake in BPCL as they consider revising its terms of sale, PTI reported last month.

Reuters reports that crude oil prices rose more than 5 115 a barrel on Tuesday, their highest in nearly seven weeks, as the European Union pushed for a ban on Russian oil imports that would tighten supplies.

“We are on track to become a major exporter,” said Minister Rajiv

India’s small and medium business (SMB) segment can play a huge role in providing goods and services across the globe at a time when the country is resetting its ambition to become a bigger and bigger player in the global manufactured goods segment. Minister of State for Commerce, Rajiv Chandrasekhar, Minister for Skill Development and Entrepreneurs and the Ministry of Electronics and Information Technology said.

Entrepreneurs, technocrats and a Member of Parliament were delivering the keynote address at the two-day Virtual Amazon Summit Summit 2022 on ‘The Value of Digitizing India’s Supply Chain to Build a True Self-Reliant India’.

The Minister highlighted the fact that technology and digital initiatives – both small and large – have helped India recover from the effects of the epidemic.

“Digital technology and digitally empowered initiatives have helped revive our economy and transform the Indian economy into one of the fastest growing economies in the world. And one of the most digitally capable economies in the world, “he said.

He added that the vision of a self-reliant India involves SMBs and start-ups to create a vibrant ecosystem of innovation, competition and efficiency that can create products and services for the Indian market for Indian consumers as well as global customers.

“I think India, the Indian economy and Indian economic participants, more importantly, SMBs can play a major role in providing goods and services to the world in the coming years,” he said, adding that employment opportunities and jobs in India accounted for a large percentage of SMEs. And so their effectiveness and the ability to grow and access multiple markets is an important element of policy-making for government.

The Minister further said that India is now restructuring its future and resetting its ambition to become a bigger and bigger player in the world trade manufactured goods segment.

“It is important that India’s SMBs use technology and be assisted by companies like Amazon who have a huge presence on the Internet to enable market access. It is clear that India is becoming a major exporter of commodities and manufactured goods,” he said.

He added, “We are on track to become a truly large exporter not only on the basis of large enterprises but also on the basis of a combination of large enterprises and healthy significant contribution of Indian SMBs.”

He said that the government is very much focused on issues like supply chain, logistics and competition and is doing everything possible to make India a competitive country by partnering with global consumer countries for its production.

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Alcohol consumption in India is higher in rural areas than in urban areas: age

According to the National Family Health Survey-5 (NFHS-5), 2019-21, alcohol consumption is higher in both men and women. The study found that overall, 19 percent of men 15 years of age and older than 1 percent of women of the same age drink alcohol. Separation added 1.6 per cent among rural women and 0.6 per cent among urban women and 19.9 per cent and 16.5 per cent among men, respectively.

Of all the states, Arunachal Pradesh has the highest proportion of female (24 per cent) and male (53 per cent) alcoholics. In the case of women, Arunachal Pradesh is followed by Sikkim which stands at 16 per cent, while in the case of men, Telangana stands at 43 per cent. Apart from Arunachal and Telangana, alcohol consumption is higher among men, which is 40 per cent or more in the upper Brahmaputra region of Assam, districts of Jharkhand and Bastar region of Chhattisgarh, as well as the small Nagpur region of Jharkhand and Orissa.

In some districts of Tripura, Manipur, Meghalaya, Chhattisgarh, Uttarakhand and Orissa, alcohol consumption among men is 30-40 percent. It is below 30 per cent in the rest of India and the lowest in Lakshadweep which stands at 0.4 per cent.

Scheduled tribes consume more alcohol than other ethnic / tribal groups, with 6 per cent females in ST and 33 per cent in males. In terms of religious affiliation, the proportion of alcoholic men is higher among “other religions” (47 percent), 28 percent Christians, 24.5 percent Buddhists / neo-Buddhists, and 23 percent Sikhs. , 20 percent Hindu, 5.9 percent Jain and 5 percent Muslim.

GST filing deadline extended: Govt extends GST payment deadline till April

GST filing deadline extended: The Indian government on Tuesday extended the deadline for filing Goods and Services Tax (GST) for the month of April. The new deadline is May 24, 2022 The Central Board of Indirect Taxes and Customs also informed taxpayers about the deadline through its official Twitter handle.

“The deadline for filing Form GSTR-3B for the month of April, 2022 has been extended to May 24, 2022 (Introduction No. 05/2022-Central Tax Date 17.05.2022). (1/2),” CBIC tweeted.

The government has taken this step as taxpayers are facing technical glitches in the GST portal and has directed Infosys to resolve the issue expeditiously.

The CBIC tweeted, “The government has instructed Infosys for a preliminary solution. The technical team is working to provide GSTR-2B and is automatically revising the populated GSTR-3B as soon as possible.”

GSTR-2B is an automated draft input tax credit (ITC) statement that is available to each GST registered firm based on the information provided by the suppliers in their respective GSTR-1 sales return form.

Businesses often receive their GSTR-2B statement on the 12th of the following month, which allows them to make ITC claims at the time of tax payment and at the time of filing GSTR-3B.

For different types of taxpayers, GSTR-3B is filed on a fixed basis between 20th, 22nd and 24th of each month.

“Considering the problems that taxpayers are facing in filing their GSTR-3B for the month of April 2022, a proposal to extend the GSTR-3B filing deadline for April 2022 is under active consideration,” CBIC tweeted.

(With PTI’s input)

Only 10% of midcap, smallcap stocks denied a fall in May; Analysts suggest this

Only 10 per cent stocks of BSE Midcap and Smallcap have so far been able to give investors double-digit returns in May. This indicates a weakness in the broader market that has led to lower benchmark equity indices in the month.

Market observers believe that growing concerns over inflation, the astonishing rate hike by the Reserve Bank of India (RBI), continued selling pressure by foreign institutional investors and mixed quarterly results have weighed on market sentiment this month.

Overall, BSE Midcap and Smallcap cracked 7 percent and 8 percent, respectively, on a month-to-month basis. On the other hand, BSE Sensex fell 4.81 percent during the same period. Overall, seven stocks in the BSE Midcap and Smallcap indexes have returned more than 10 percent to investors in May, while 97 other stocks in the index have been able to keep their heads above water.

Commenting on the wide space, market veteran Shankar Sharma, vice-chairman and joint managing director, First Global, said Business today Midcaps and smallcaps are areas where you can earn outside because many companies are doing very well. However, he added that just because companies are right does not mean that share prices will fall. This is a long-term event.

With a 23.80 percent gain so far in May, TD Power Systems has emerged as the top gainer on the list. It is followed by Gokaldas Exports (16.10 per cent), Honda India Power Products (16 per cent), Gujarat Gas (15.40 per cent), Sharda Cropchem (13.90 per cent), Vadilal Industries (13.40 per cent) and Mangalore Refinery and Petrochemicals (10 per cent growth).

How to pick stock from wide market?

The stock market is complex and volatile. To make a smart return, one must know the market vibrations and understand how it works.

Ravi Singal, vice chairman of GCL Securities, said there was no proven strategy to maximize earnings from the stock. However, there are some basic rules that, if followed, can be helpful in reducing risk and earning a better income.

He advises investors to invest in businesses that have good knowledge. “Investing in a diversified portfolio of stocks can help reduce risk and maximize returns,” Singal added.

For beginners, it is advisable to invest in large companies as it limits the risk. The size of the company can be calculated with the help of market capitalization. Singal added that investors should also focus on valuations before choosing stocks.

“For beginners, it is advisable to invest in stocks with a P / E of 10-25. Companies that have given consistent results in the past should also have zero,” he said.

It is advisable to invest in stocks of companies with limited liabilities. This can be assessed from the debt to equity ratio, which is a comparison of the total liability by a company’s shareholder equity. A high debt-to-ratio ratio means more leverage in a company and such stocks should generally be avoided.

To buy stock

In midcap and smallcap space, brokerage Motilal Oswal Financial Services Ashok Leyland, Macrotech, APL Apollo Tubes, Chola Finance, Indigo Paints, Restaurant Brand, TCI, GR Infra, Dalmia India, Lemon Troy.

On the other hand, brokerage Anand Rathi shares and stock brokers Binti Organics have a positive price of Rs 2,350. “We are positive about the long-term performance of Binti and expect revenue, EBITDA and PAT to be 27 per cent, 34 per cent and 32 per cent CAGR as compared to FY22-24 considering strong demand due to increase in butyl fennel. The use of antioxidants and ATBS, ”said the brokerage.

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Some of the short-term benefits of an additional booster dose of the mRNA vaccine for health

The WHO states that there is an additional booster dose of the mRNA COVID-19 vaccine for the high-risk group, health workers, those over 60 years of age or immunocompromising conditions. As a general rule, an interval of 4-6 months after the completion of the initial series of vaccines may be considered for the first booster, especially in the case of Omicron, the World Health Organization says. Working group.

The WHO states that when considering additional booster doses, the two main conditions to evaluate are the use of additional booster doses for those who are not able to mount and maintain adequate immune response and should be considered for administering additional booster doses for higher protection. To maintain the health system during periods of risky population and periodic growth of health workers.

It states that the data available for WHO EUL COVID-19 vaccine products indicate that vaccine efficacy and immunogenicity are lower in immunocompromised individuals (ICPs) than in immunocompromised individuals. Given the significant risk of serious COVID-19 for ICP ICPs, if infected, the WHO has already introduced an extended initial series (i.e. third dose) for all COVID-19 ICPs as well as a booster dose (i.e. fourth dose). Has issued a recommendation. The vaccine, “he says.

The WHO noted that some countries are currently offering additional booster doses in addition to the first booster dose, adding that information regarding additional booster doses until May 2022 only exists for the mRNA vaccine, not for other vaccine platforms. The WHO cited seven studies. , Was conducted at a time when Omicron was the leading performing strain worldwide, evaluating the relative effectiveness of the fourth dose four months after the third dose of the mRNA vaccine compared to the three-dose recipients.

“Taken together, these studies show some short-term benefits of additional booster doses of the mRNA vaccine to health workers, those over 60 years of age or with immunocompromising conditions,” the WHO said. It says data to support additional doses for healthy young populations is limited; Preliminary data indicate that the benefit is minimal for young people.

“Limited data suggests that for the high-risk groups, there is a facility that supports additional booster dose administration,” the WHO said, among those at risk of serious illness or death (i.e. adults over 60 years of age, or those with a full immune system). (Not capable of mounting), the additional benefit of an additional booster dose of the mRNA vaccine may be “required”.

While it is said that the seasonality for SARS-COV-2 has not yet been fully established, evidence from the last two years supports the notion of a more significant transmission during the winter season. Seasonality should be considered for catch-ups and campaigns for high-risk individuals to improve early series coverage, ”the WHO added.

Commerce and Industry Minister Piyush Goel has called on the Startup Council to focus

Commerce and Industry Minister Piyush Goel on Tuesday called on the National Startup Advisory Council to focus on Tier-2 and Tier-3 cities to raise awareness about enterprise capital funding, capacity building and government projects that promote startups in the region.

The minister made the remarks while presiding over the fourth meeting of the NSAC (National Startup Advisory Council).

The Ministry of Commerce said in a statement that it has “called on them (Council members) to focus on Tier 2 and Tier 3 cities where limited VC (venture capital) funds are available.”

He also stressed the need to build capacity and create awareness about various government initiatives to promote startups in such cities.

The council, it said, discussed with startups issues related to startup ecosystems, including ownership of startups, inclusion in India, listing in India and development of innovation hubs.

The Minister also launched the NavIC Grand Challenge aimed at promoting the adoption of NavIC as a geo-positioning solution.

The NSAC was formed by the Department of Industrial and Internal Trade Development (DPIIT) to advise the government on the measures required to build a strong ecosystem for innovation and startups in the country.

The meeting was attended by key stakeholders, officials and existing startups of the country. Some of them were Manoj Kohli, Country Head, Softbank India; Aviraj Well, co-founder, Urban Company; And Kunal Bahl, co-founder and CEO, Snap-Deal 7

Unacademi will open offline learning centers, conduct scholarship examinations

Edtech firm Unacademy will now enter offline classes with its learning centers, it announced on Wednesday. “Unacademy centers will provide offline classes for students and expand the reach of top academics in the NEET UG, IT JEE and Foundation (9-12) course sections,” it says.

The first of these Unacademy centers will open in Kota next month and will soon follow centers in Jaipur, Bangalore, Chandigarh, Ahmedabad, Patna, Pune and Delhi. Students will have access to on-the-ground counselors, a state-of-the-art library and branded merchandise at all of these centers.

The brand aims to enroll 15,000 students in its first batch at all centers.

Enrolled students will have access to the flagship offline learning experience with Unacademy’s top educators, pedagogy and study materials created by its educators, personalized counseling, resolving doubts, regular parent-teacher sessions, and high-tech infrastructure.

UNACADEM will conduct a National Scholarship – Admission Test for Batch Enrollment where Rankers will be awarded Scholarships. More details about the test will be released soon.

Gaurab Munjal, co-founder and CEO of Unacademi Group, said: Through ‘Unacademy Centers’ we bring the best of the academy – India’s top academics, top-notch technology and products, and state-of-the-art infrastructure – to our students, “he added, adding that pricing for enrollment would be competitive.

The Kota Unacademi Center spans four floors covering 18,000 square feet. These centers are built on the same industrial structure as Anacademi Worlds.

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A case has been filed against Marathi actress Ketki Chital for insulting Sharad Pawar.

A Thane court on Wednesday remanded Marathi actress Ketki Chitale, who was arrested on May 15 for sharing a defamatory poem targeting NCP chief Sharad Pawar on Facebook, to 14 days judicial custody after her police custody ended. Several FIRs have been registered against Chital in multiple police stations in the state for offensive Facebook posts against the NCP chief.

Another FIR has been registered against the Marathi actress for “an abusive Facebook post against Power while abusing the name of Sant Tukaram”. On May 15, police in Thane filed a case against the actress under IPC section 500 (defamation), 501 (printing or engraving defamatory content) and 153A (promoting animosity between different groups). Chital’s post angered NCP workers who physically harassed him and threw ink at him during his arrest.

While blaming another, the 29-year-old actress posted a Marathi poem mentioning only the title ‘Power’ and an age, which was given as 80. However, the poem also contains multiple illnesses of the 81-year-old NCP. Is afflicted with major.

Another 21-year-old student from Nasik was arrested for tweeting: “It’s time for Baramati Gandhi … to make Baramati Nathuram Godse.”

A few days ago, Maharashtra Chief Minister Uddhav Thackeray also condemned Ketki Chitale’s alleged insulting post targeting the NCP supremo.

Last week, Nationalist Congress Party (NCP) activists slapped Maharashtra state BJP spokesperson Binayak Ambekar in his office for posting “insulting” social media comments targeting Power.

As the video of the attack went viral, Ambekar claimed that Pune police had not yet been able to arrest the NCP men behind the attack. Ambeker further claimed that NCP workers came to his office to capture the physical assault on camera. Posting a video of the attack on Twitter, state BJP chief Chandrakant Patil wrote, “Maharashtra Pradesh Bharatiya Janata Party spokesperson Pvt. Binayak Ambekar was attacked by NCP goons. On behalf of the BJP, I strongly condemn this attack. These NCP thugs must be dealt with immediately!