It is important to recognize the signs that our bodies are sending us and take action to prioritize our sleep health. Creating a consistent bedtime routine, establishing a relaxing sleep environment, and practicing good sleep hygiene habits are all essential steps in improving our sleep quality. Additionally, seeking professional help if sleep difficulties persist is crucial in addressing any underlying sleep disorders or chronic conditions that may be contributing to our lack of rest.
Stock markets to end 2024 with positive returns despite roller coaster ride PTI Updated: December 29th, 2024, 16:46 IST in Business 0 Share on Facebook Share on Twitter Share on WhatsApp Share on Linkedin New Delhi: Dalal Street had a roller coaster ride in 2024 from shattering record after record to facing heavy correction off-late but equity markets still rewarded investors with positive returns, driven by a surge in domestic fund flows and a resilient macro landscape. The first half of the year saw robust corporate earnings, a surge in domestic flows, and a resilient macro landscape, driving the Nifty to an all-time high of 26,277.35 in September 2024, according to Motilal Oswal Wealth Management. Also Read Rupee falls steepest in almost two years 2 days ago India’s forex reserves drop by $8.478 billion to $644.391 billion 2 days ago “In the last two months, the market has corrected from its all-time high. This correction marked the third major decline since the COVID-19 pandemic in 2020, with unprecedented selling by Foreign Institutional Investors (FIIs) due to a combination of domestic and global factors,” it said in a note. As of December 27, the BSE benchmark Sensex has gained 6,458.81 points or 8.94 per cent while the NSE Nifty climbed 2,082 points or 9.58 per cent. The year was marked by significant events, with the Indian general elections and the US Presidential polls taking centre stage. Equity markets also grappled with two major geopolitical turmoil — the Israel-Iran conflict and the ongoing Russia-Ukraine war. “2024, was a year of tug of war between the bulls & bears marked by volatility majorly driven by global microeconomic data points followed by geopolitical tensions impacting markets. Despite all the uncertainties around the world, Indian markets sustained the pressure and delivered very decent returns. “It was also a year of surge in valuation to the peak making Indian markets the most expensive in the world. While the excess liquidity in the market pushed valuations as high as possible surpassing fundamentals theories which eventually invited corrections in the markets from the top,” Prashanth Tapse, Senior VP Research, Research Analyst, Mehta Equities Ltd, said. The BSE benchmark Sensex hit its record peak of 85,978.25 September 27 this year, and the NSE Nifty also reached the lifetime high of 26,277.35 on the same day. “2024 marked the ninth consecutive year of gains for the Indian equity market. Despite a challenging final quarter, the market delivered strong returns for the year, with midcap and smallcap stocks outperforming and rewarding investors handsomely. “However, benchmark indices like the Nifty and Sensex lagged behind their global counterparts, particularly the US markets. This underperformance was largely driven by persistent and aggressive selling by FIIs,” Santosh Meena, Head of Research, Swastika Investmart Ltd, said. From the all-time highs in September, the BSE benchmark is down 8.46 per cent while Nifty has lost 9.37 per cent from the record peak level. The challenges deepened in the final quarter as disappointing corporate earnings and weaker-than-expected economic growth further dampened investor confidence, contributing to the subdued performance of the headline indices, Meena said. Markets came under bear attack from October onwards amid concerns of foreign investors fleeing the domestic market and stretched valuations. In October alone, the BSE benchmark slumped 4,910.72 points or 5.82 per cent, and the Nifty tumbled 1,605.5 points or 6.22 per cent. So far in December, the benchmark gauge Sensex is down 1,103.72 points or 1.38 per cent. October saw an unprecedented foreign fund outflow of Rs 94,017 crore — the largest monthly withdrawal on record — amid increased allocations to China, muted corporate earnings, and high valuation of Indian stocks. “On a positive note, the commencement of the rate cut cycle in the US provided a key tailwind for global equity markets. However, the Indian equity market faced headwinds due to record levels of aggressive selling by FIIs. Adding to the challenges, disappointing Q2 earnings by India Inc. and a slowdown in GDP growth further dampened investor sentiment,” Meena said. In 2023, the BSE benchmark jumped 11,399.52 points or 18.73 per cent, and the Nifty climbed 3,626.1 points or 20 per cent. This year, apart from the general elections in India, markets saw tight rate cycle by RBI to tackle inflation, unwinding of Yen carry trade, rate cut by the US FED, election in the US and Trump getting elected as the President of the US and stimulus by China, Manish Bhandari, CEO & Portfolio Manager, Vallum Capital Advisors, said. The recent market correction has improved valuations, and the overall outlook for the Indian equity market remains robust, Meena said. “On the global front, the trajectory of the world economy under Trump’s leadership will play a significant role in shaping investor sentiment and market dynamics. Additionally, FII flows will remain a crucial factor in determining the performance and direction of largecap stocks, given their outsized influence on market sentiment,” he added. “Factors dependent for growth would again be similar to last year like geopolitical tussle, US Fed interest rate trajectory and Donald Trump’s tariff policies along with revival of local corporate earnings followed by domestic government policies to support growth. High focus would be on the dynamic relationship between the US and China,” Tapse of Mehta Equities Ltd, said. PTI Tags: BSE Business NSE Stock market Share Tweet Send Share Suggest A Correction Enter your email to get our daily news in your inbox. Leave this field empty if you're human:
The air cargo industry is still taxiing onto the runway of AI opportunities. Leading technology group, CargoTech already offers products to ensure the smoothest of technology take-offs, with AI serving as the fuel for sound business decisions. Cédric Millet, CargoTech’s President, and its members illustrate ways in which the group leverages AI to support decision-making and clear up some of the myths surrounding the technology. “On a scale of 1-10, I’d say the air cargo industry is currently at 3 when it comes to adopting AI-assisted decision-making,” says Cédric Millet, President of CargoTech. AI is sporadically used in different segments of the air cargo industry – mostly in customer service and engagement functions, because these have the greatest similarity to processes in other, more digitally-developed industries. Much of the air cargo industry is still in the phase of digitizing its operations and starting to accumulate data volumes. “To embark on the journey of AI-assisted decision-making, it is crucial to extract a large volume of data to train the models and to identify anomalies for better decision-making, going forward,” Millet explains. Data is currently heavily fragmented across stakeholders, leading to huge inefficiencies. AI models have the potential to be capable of synthesizing data across the supply chain, thus promoting better end-to-end visibility and decision-making. CargoAi already offers advanced AI-driven tools that assist in streamlining decision-making for logistics professionals, such as its CargoCOPILOT product: CargoAi’s AI email plugin enables the frontline workforce to retrieve dynamic rates directly via their inbox, without having to search across platforms. Another practical application of AI aimed at enhancing commercial decision-making processes and born of collaboration with a number of airlines, is Rotate’s ‘Fair Share Analysis’ which not only informs airlines about their market position regarding market share and yield level, but is also a critical component when it comes to optimizing an airline’s network and Origin-Destination (OD) sales mix. Here, AI leverages proprietary capacity data and machine learning algorithms, incorporating market data to generate fair share estimations. Unlike the charter niche, the general air cargo industry faces the challenge of an abundance of data. “For a long period, the air cargo industry suffered from data scarcity, when it came to advanced data analysis. As data availability increased, Business Intelligence (BI) dashboards proliferated, sparking enthusiasm about the possibilities of applying Artificial Intelligence (AI) to revolutionize air cargo operations. However, there’s often a misconception that AI, in itself, will be able to solve some of the industry’s biggest challenges,” says Michael Teoh Head of Strategy at CargoTech. Experience has shown that AI does not replace the need for commercial teams to devise innovative use cases that drive value through better decision-making. AI should be viewed as an enabler rather than an end goal. Wiremind Cargo’s CargoStack suite of Digital Solutions is designed with precisely this in mind: Wiremind Cargo’s models are developed to be as accurate and give the best recommendations possible, but there will always be scenarios where the model may not have seen something before, or users need to intervene. One complaint regarding AI is that it often acts as a ‘black box’, giving a recommended output but without showing how it came to its result. Wiremind Cargo proactively seeks to improve on this: Alongside its model recommendations, CargoStack Optimizer modules aim to transparently share relevant insights to users that show how the result was generated and allow them to make an informed decision as to whether they want to keep the value or override it (which they are always empowered to do). This is a very intentional product design approach to avoid the black box issue. Wiremind Cargo has been implementing and delivering the benefits of AI to the air cargo industry since the company began. “it is important to remember that AI is quite a broad umbrella, not just ChatGPT/generative AI. Wiremind Cargo successfully deploys machine learning models that assist customers with commercial decisions regarding capacity and revenue management. Each of CargoStack Optimiser’s modules is powered by different AI models trained on the customer’s own data and tasked with trying to make specific predictions such as the amount of baggage expected on a flight, the show-up rate of bookings, or the optimal entry condition on a flight. By using Machine Learning models, CargoTech’s solutions are able to process vast data sets to spot trends and patterns, allowing the models to replicate what analysts would be doing at scale”. The cargo charter niche faces the greatest challenge when it comes to data availability and quality: Currently, crucial data is held within emails, messages, and analog channels. These analog formats first have to be digitized before we can begin to introduce AI-enabled tools. Aerios’ pioneering Carrier App is an important foundation as it facilitates this data gathering and is the gateway to implementing further value-adding AI and ML models in the Aerios product suite. AI will benefit carriers operating cargo charters in two key decision-making processes. Long-term planning is one area: Airlines operating both scheduled flights and charters want to know how much of their fleet they should make available for charter, what the peak charter lanes could be, and the weigh up of selling charter capacity compared to keeping the aircraft on a scheduled program. With the right amount of market data including common routings, commodity types and market verticals, AI can help find the optimum balance, offering aggregated market intelligence that supports longer term planning. A second area is the charter operation quotation process: Carriers want to make informed decisions on which aircraft and routing within their network would be the best fit to maximize on available capacity. By combining historical internal data and request data within a machine learning model that learns past behaviors and patterns, AI could provide relevant information for charter salespeople on which to base their quotation decision. AI not only offers commercial decision-making benefits, but also opens up development opportunities. “There is often the misconception that AI leads to a reduction in employees,” states Cédric Millet. “At CargoTech, we believe that roles will not be replaced, but specific tasks within them may change.” For example, sales staff will be relieved from having to spend time analyzing data and trends to uncover target customers, as AI can identify sales leads and therefore enable the salesperson to spend more time with each customer. “AI will reshape roles to meet evolving needs, thus ensuring sustainability and empowering employees as they focus on strategic work and are encouraged to upskill with new tools,” he predicts. Through the automation of repetitive tasks, AI helps streamline processes, reduce errors, and enhance efficiency. And another bonus: “Cutting-edge technology attracts younger generations to the industry,” he summarizes – an important point in an industry that has long struggled to fill open positions. Source: CargoTech
Trump himself has expressed his excitement about the launch of the “Fight Fight Fight” perfume, stating that he believes in the power of scent to inspire and motivate. He envisions the fragrance as a tool for individuals to harness their inner warrior spirit and push through obstacles with determination and grit.
Gavin and Stacey star Laura Aikman reveals incredible fact about secret wedding dressThe exemption of land value added tax on the sale of ordinary residential properties is expected to have a positive impact on the real estate market in Henan province. It is anticipated to increase demand for housing, support property values, and drive economic growth in the region.China Unveils Global AI Governance Committee With Alibaba Cloud Founder At The HelmIn recent years, the field of artificial intelligence (AI) has seen unprecedented growth and innovation, with the development of increasingly large and complex AI models that have revolutionized various industries. However, as the AI landscape becomes more crowded and competitive, experts are predicting that we may be entering a new phase – the AI Big Model Shuffle Year.
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As the countdown to the WTT Singapore Grand Slam begins, anticipation is building for what promises to be a spectacular showcase of tennis talent and passion. With its unique blend of world-class competition, exciting entertainment, and festive atmosphere, the tournament is sure to captivate audiences and leave a lasting impression on all who attend. Whether you're a die-hard tennis fan or simply looking for a thrilling sporting event to experience, the WTT Singapore Grand Slam is a must-see event that promises to deliver on all fronts.
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