NASA’s Hubble Space Telescope helps Widen Knowledge Base about Space

It is hard to believe that it was a quarter century ago when NASA's Hubble Space Telescope was launched. There is no denying the fact that the telescope has transformed our collective consciousness.

People across the globe have seen pictures from the world's biggest telephoto camera in space. With the help of it, they have been able to enjoy the universe’s surprising beauty, understanding the importance of the universe.

On April 24, 1990, the Space Shuttle Discovery blasted off from Florida's Kennedy Space Center with the telescope and deployed the telescope to its 345 mile high orbit and till now, it is present there.

Pinterest Turns Five

Pinterest, the web and mobile application company, last week celebrated its fifth anniversary. In its short five years of life so far, Pinterest has become a hub where the brides-to-be create their wish boards and do-it-yourself home renovators bookmark shiny turquoise tiles for bathrooms.

The website has offered a new way of searching for items. Users can upload, save, sort, and manage images, known as pins, including other media content.

It acts as a personalized media platform, where users can browse the content of others on the main page.

The San Francisco-based venture capital was recently valued at $11 billion. Although the websites core audience has always been female, but Pinterest says its popularity is growing faster than ever among men.

Federal Appeal Court Rejects US Attorney Preet Bharara’s Request to Reconsider Insider Trading Ruling

It has been reported that a federal appeal court on Friday has denied US attorney Preet Bharara’s request to reconsider its 10 December decision throwing out guilty verdicts of two fund managers.

The ruling made it harder for the US government to win insider-trading cases survived a challenge by Bharara.

The court’s judgment placed some of the Manhattan prosecutor’s biggest victories, including the conviction of SAC Capital Advisors LP’s Michael Steinberg and at least nine others, in jeopardy.

Majorly, Bharara’s years of pursuing insider traders has now set a precedent making such cases more difficult for his successors.

There are chances that Bharara might still ask the US Supreme Court to review the appeal in a long-shot bid to salvage the convictions.

Wegmans Rated Best Super-Market in Consumer Reports Survey

In a customer survey done by Consumer Reports, Wegmans has been voted the number 1 most popular super-market from where the Americans purchase their food. Wegmans has won top marks for freshness, baked goods, and overall shopping experience.

Wegmans won this title after beating the local favorites, including Trader Joe’s and Whole Foods. On the list, Joe’s stood at number 3 spot, whereas Whole Foods shockingly landed at the 15th spot on the list. Whole Foods ranked even behind the cut-rate chain Aldi and bulk store Costco.

The magazine’s research was done with around 63,000 of its readers regarding their personal shopping habits and preferences.

75,000 People to be given Training to Work in Solar Energy Market

On Friday, the White House announced that the US Division of Power will have to train 75,000 men and women, who will work in the solar energy market by 2020. The plan is a part of ways to combat climate change.

The announcement has come at a time when the solar market in America is booming. Between 2013 and 2014, additional 30,000 jobs have been added to the total workforce. It is said that this year, additional 36,000 solar jobs will be added.

This week, the Obama administration announced a target to curb greenhouse gas emissions across the nation by up to 28% lower than 2005 levels within a decade. The administration has also announced that the solar energy business will be strengthened.

US Employers hired at Solid Pace in March

US employers have seemingly given employment at a robust pace in March despite economy has appeared to have witnessed a decline.

Factories face a slowdown and construction activity has dropped. Cheaper oil has caused cutbacks at energy companies. Economists anticipate a 13th straight month of job gains above 200,000 and it is a motivating indication for an economy that's still showing steady gains despite a harsh winter that squeezed growth.

According to Economists, they have anticipated job gain of 248,000 in March and also anticipate that the unemployment rate holds steady at 5.5%%. It has been revealed that employers added 295,000 jobs in February.

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News in Focus

IDFC First Bank Share Price Target at Rs 95: ICICI Securities

ICICI Securities has maintained its BUY call on IDFC First Bank with a revised 12-month target price of Rs 95, down from Rs 100, implying about 32% upside from the current market price of Rs 72.

HDFC Bank Share Price Target at Rs 981: Deven Choksey Share Research

Deven Choksey Research has maintained its BUY rating on HDFC Bank with a target price of Rs 981, implying about 43% upside from Rs 688.

DCB Bank Share Price Target at Rs 312: Anand Rathi Research

Anand Rathi Research has maintained its BUY call on DCB Bank with a 12-month target price of Rs 312, implying about 56% upside from the Rs 200 share price.

Godrej Properties Share Price Target at Rs 2,200: Motilal Oswal Share Research

Motilal Oswal Financial Services has reiterated its BUY call on Godrej Properties with a target price of Rs 2,200, implying about 47% upside from the current market price of Rs 1,498.

ITC Hotels Share Price Target at Rs 220: ICICI Securities

ICICI Securities has maintained its BUY call on ITC Hotels with an unchanged 12-month target price of Rs 220, implying about 29% upside from the current market price of Rs 170.

Nippon Life India Asset Management Share Price Target at Rs 1,300 Emkay Global Research Report

Emkay Global Financial Services has reiterated its BUY call on Nippon Life India Asset Management with an unchanged September 2027 target of Rs 1,300, about 33% above the current price of Rs 976.