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.
Roundup of matches across the country in the ongoing BCCI Ranji Trophy
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.
IndiGo has delivered impressive operating performance in the past six quarters as it navigated cost and capacity challenges. It has managed to mitigate the impact of faulty engine-related groundings. The airline has also managed costs related to grounding, expensive secondary leasing, increasing airport charges, and pilot compensation inflation and delivered stronger yields and spreads.
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.
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.
'It is difficult to write business internationally, without an 'A-' rating. It becomes more expensive.'
The hospitality industry has around 212,000 rooms, with an industry size of about Rs 82,000 crore. The industry could grow at an annual rate of 10.5 per cent for the next three financial years, despite a quiet Q1FY25. The demand will be driven by domestic travellers, who will contribute roughly 50 per cent of the growth, while foreign tourists will account for 30 per cent.
Images from Day 2 of the 3rd Test played between India and New Zealand, in Mumbai, on Saturday.
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.
Swapnil Kusale fought his way back to win the bronze in his very first appearance at the Olympic Games.
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.
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.
Analysts are of the view that long-term investors could continue to hold the stock, irrespective of the MSCI development.
Skipper Adam Gilchrist smashed a blistering 106 and shared a record partnership with Shaun Marsh (79) to steer Kings XI Punjab to a 111-run victory over Royal Challengers Bangalore in their Indian Premier League match at the HPCA stadium in Dharamsala on Tuesday.
The next big releases -- Bade Miyan Chote Miyan and Maidaan -- will arrive during Eid, which leaves a lot of time for Shaitaan to earn lifetime collections in the range of Rs 140-150 crore (Rs 1.4-1.5 billion).
Pant was guilty of maintaining a slow-over in the game against Kolkata Knight Riders in Visakhapatnam on Wednesday.
Images from Day 4 of the second Test between India and England in Visakhapatnam on Monday.
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.
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.
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.
Her eldest son Ramesh Kumar, 80, said Devi had never leaked the name of the candidate she had voted for.
Tracking the key moves this week in the European transfer market
"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.
Delhi Capitals have suffered a major setback as their Australian all-rounder Mitchell Marsh has returned home to undergo treatment for a tear in his right hamstring.
England spinner Jack Leach has been ruled out of the remainder of the Test series in India with a left knee injury.
Could the Chennai Test against Bangladesh this week be Ravichandran Ashwin's last Test in front of his home fans?
After several losses in the early years of the new century, a resurgent India notched up two consecutive series wins in Australia to become the Aussies' nemesis.
BJP will find it tougher to push contentious Bills, especially those that would require Constitutional amendments, without the support of its allies and cooperation from the Opposition.
Has the philosophy of Test match changed with batters becoming tad too aggressive?
Heavy rain in the first week of July compensated for the shortfall but caused flooding in many northeastern states.
An outbreak of a pneumonia-like illness that started in the city of Wuhan in China has put health authorities on high alert around the world. The new coronavirus-named 2019-nCoV-is thought to have originated in the food market of the central China metropolis and has since infected more than 4,000 people worldwide.
The Sensex opened with a smart positive gap of 17 points, and thereafter did not bother to look back.
Ramita Jindal ended seventh in the final of the 10m air rifle women's competition.
Feature for feature, bank FDs are indeed better than debt funds today, mainly thanks to Ms Sitharaman, notes Debashis Basu.
In another huge embarrassment to the government after the 2G fiasco, the Comptroller and Auditor General (CAG) has estimated a Rs 10.6 lakh crore loss to the exchequer on account of allotment of coal blocks during 2004 to 2009 without auction to 100 private and public sector companies.
So far this year, around 839,545 electric vehicles have been sold, accounting for approximately 6.69% of the total 12,541,684 vehicles sold.
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.
The Proteas began on a convincing note with the bat and remained safe at 29 for no loss at the lunch break.
