A sharp rise can be attributed to the significant changes in India's share buyback tax regime, which will come into effect from October 1, 2024.
The IMD said that rainfall over India in August and September would be around 106 percent of the long-period average of 422.8 mm.
A court in New Delhi on Thursday allowed the second bail plea of an SUV driver, arrested for his alleged role in drowning of three civil services aspirants in the basement of a coaching centre.
India has received 20 per cent less rainfall since the start of the monsoon period on June 1, with the rain-bearing system making no significant progress between June 12 and 18, according to the India Meteorological Department (IMD).
The Indian cement industry is hopeful of greener pastures after a long period of stress led by pricing pressures and other factors. The second half of FY25 is expected to bring respite due to price hikes, cost benefits and higher volumes, said analysts. The optimistic momentum also makes cement stocks attractive, analysts added, advising to buy dips following a period of bearish sentiment in these stocks.
Ishan Kishan made a smashing return to domestic red-ball cricket, scoring a century for Jharkhand against Madhya Pradesh on Day 2 of the Buchi Babu tournament.
Ramita Jindal gave a strong display of marksmanship to qualify for the women's 10m air rifle final in fifth place at the Paris Olympics.
The market capitalisation of BSE-listed companies hit a record high of Rs 429.32 lakh crore on Wednesday as the BSE benchmark Sensex ended higher amid a largely positive trend in global equities. The 30-share BSE Sensex climbed 149.98 points or 0.20 per cent to settle at 76,606.57. During the day, it jumped 593.94 points or 0.77 per cent to 77,050.53.
Analysts are of the view that long-term investors could continue to hold the stock, irrespective of the MSCI development.
After remaining in the positive zone for three months, India's exports contracted 1.2 per cent to $33.98 billion in July, while the trade deficit widened to $23.5 billion.
Chhetri will make his final appearance for India on the international stage when he takes the field in the FIFA World Cup Qualifying clash against Kuwait
Trends in the global energy markets are crucial if India's growth outlook is to remain healthy. Prices for the Indian crude basket were averaging around $86.2 per barrel through Q1FY25 and then moderated to $84 in July and to $78-79 in August (so far). But global crude supply may outpace weak global demand in the short term.
The dawn of a new era had begun under Sourav Ganguly's aggressive leadership. With Ganguly and Coach John Wright at the helm India had transitioned into a force to be reckoned with.
Public sector banks (PSBs) posted 16.1 per cent year-on-year (Y-o-Y) growth in net profit at Rs 39,974 crore during the June 2024 quarter. While net interest income (NII) showed subdued growth of 7.1 per cent, provisions and contingencies declined by 10.5 per cent Y-o-Y. This aided the bottom line to show steady growth.
He not only recovered from COVID-19, he recovered faster than his son, who is also very old.
The Delhi Police has registered a first information report (FIR) and formed multiple teams to probe the Rajinder Nagar coaching centre flooding incident which killed three IAS aspirants, officials said on Sunday.
Swapnil Kusale fought his way back to win the bronze in his very first appearance at the Olympic Games.
Could the Chennai Test against Bangladesh this week be Ravichandran Ashwin's last Test in front of his home fans?
Nepal's hopes were briefly raised when Netherlands were reduced to 80-4 in the 16th over but O'Dowd and Bas de Leede (11 not out) shared an undefeated 29-run partnership to take the team home.
Tracking the key moves this week in the European transfer market
A round-up of the Ranji Trophy matches played on Saturday.
India's 106 run victory over England in the second Test match at Visakhapatnam impressed the cricket fraternity.
Public-sector banks, including Canara Bank and Bank of India, are tapping the infrastructure bond market. Canara Bank on Tuesday raised Rs 10,000 crore at a coupon rate of 7.40 per cent through 10-year infrastructure bonds. This comes after SBI on July 10 raised Rs 10,000 crore also through infrastructure bonds with a 15-year tenor at a coupon rate of 7.36 per cent.
A brief information of trains that have been cancelled or partially cancelled or short-terminated on Friday and Saturday.
Feature for feature, bank FDs are indeed better than debt funds today, mainly thanks to Ms Sitharaman, notes Debashis Basu.
KKR owner Shah Rukh Khan witnessed his team's crushing win over DC from the stands in Vizag.
"What is Delhi Police doing? Have they lost it?" wondered the Delhi high court on Wednesday, while castigating the police for a 'strange' probe by arresting an SUV driver for his alleged role in drowning of three civil services aspirants at a coaching centre.
The country's largest lender SBI on Thursday reported 18.18 per cent growth in March quarter consolidated net profit to Rs 21,384.15 crore as against Rs 18,093.84 crore in the year-ago period. On a standalone basis, profit grew to Rs 20,698.35 crore from Rs 16,694.51 crore a year ago, the lender said in a regulatory filing.
Ishant Sharma stepped up in the final over, bowling a searing 144 kph in-swinging yorker that completely dismantled Andre Russell's wicket.
It is in more than a decade that the IMD has predicted 'above-normal' rains in the country.
Ramita Jindal ended seventh in the final of the 10m air rifle women's competition.
The newly enacted laws are -- the Bharatiya Nyaya Sanhita, the Bharatiya Nagarik Suraksha Sanhita and the Bharatiya Sakshya Act
Six weather stations across Delhi recorded over 100 mm of rain in a single day, the India meteorological department (IMD) said on Thursday, categorising it as an "extremely intense spell".
The centenarian was admitted in Rajiv Gandhi Super Specialty Hospital on April 14 after been infected with the coronavirus. He was discharged on May 1.
A provision has been made for relaxation in the upper age limit and exemption from the Physical Efficiency Test in the recruitment to the post of constable (general duty) and rifleman in the CAPFs and Assam Rifles for ex-Agniveers, Minister of State for Home Affairs Nityanand Rai said in response to a written question.
Heavy rain in the first week of July compensated for the shortfall but caused flooding in many northeastern states.
State-run Indian Oil Corporation (IOCL) reported a weak performance in the fourth quarter of FY24 (January-March 2024), and the turmoil in the energy market indicates it could endure another lacklustre quarter. The oil marketing company (OMC) reported an Ebitda of Rs 10,400 crore, down 27 per cent year-on-year (Y-o-Y) due to weak reported gross refining margin (GRM) of $8.4 per barrel in Q4FY24, which was almost half the consensus expectation of $15 per barrel.
'Don't be surprised if the Census forms come with a caste box.' 'I will be surprised if it doesn't. It will be a point conceded to Rahul Gandhi and his allies,' asserts Shekhar Gupta. The BJP machine could take all 3 in its stride, but this election has changed that, notes Shekhar Gupta.
The growth of eight key infrastructure sectors rose to 5.2 per cent year-on-year in March due to improvement in the output of crude oil, cement and electricity, according to official data released on Tuesday. In 2023-24, the growth rate in the output of these eight sectors was 7.5 per cent, marginally down from 7.8 per cent recorded in the year-ago period.
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