Such weather conditions are not typical for May which tends to be the hottest month of the year in Delhi with a mean maximum temperature of 39.5 degrees Celsius.
State Bank of India's earnings growth may turn lacklustre in the near-term, warn analysts. This, they said, could be due to margin compression and likely lower fee income over the next one year. "While the cost of deposits is repricing sharply across the system, there will be relatively lower yield expansion going ahead as most of the back-book has been repriced and there is a high competitive pressure on yields.
'I cannot describe it in words. It was my dream.'
It was a horrific Halloween for South Korea as the death toll in Saturday's Seoul stampede rose to 151.
Equity benchmarks Sensex and Nifty gave up early gains to close in the red on Wednesday after a selloff in power, metal and consumer durable stocks amid a weak trend in global equities. However, a rally in the rupee against the US dollar and unabated foreign capital inflows helped the indices restrict the losses, traders said. In a largely range-bound session, the 30-share BSE Sensex ended 151.60 points or 0.25 per cent lower at 61,033.55.
10 non-bank and non-finance stocks from the BSE500 Index universe that offer an optimal blend of low valuation, reasonably robust revenue and earnings growth in recent quarters, a strong balance sheet, and most importantly, positive cash flow from their operations.
The Maharashtra cabinet led by Chief Minister Eknath Shinde on Wednesday reversed the previous MVA government's decision to increase the number of municipal wards in Mumbai from 227 to 236, an official release said.
Ashwin has taken a slight dig at people who perceive him as an 'overthinker'
Overall his 73rd in international cricket on Tuesday.
There are a total of 12,611 establishments called enemy property, roughly estimated to be worth over Rs 1 lakh crore, in the country.
The players of which country had the best IPL 2023? Srinivas Bhogle and Purnendu Maji find out.
Pat Cummins produced a vicious bowling onslaught to leave India battered and bruised as Australia took a 296-run lead on day three.
Bangladesh A's tail wagged vigorously to prevent India A from winning the first unofficial Test match in Cox Bazar on Friday.
Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable Player Index of IPL 2023 after Game 42.
Sunil Gavaskar landed himself in an unnecessary controversy after making an unwarranted remark about Rajasthan Royals batter Shimron Hetmyer and his wife
GST collections in March grew 13 per cent to the second highest ever at Rs 1.60 lakh crore, taking the growth rate of revenue mop-up for full 2022-23 fiscal to 22 per cent. March also saw over 91 per cent of the GST registered businesses filing returns and paying taxes - reflecting greater compliance and improving economic activity. Gross GST revenue collected in March 2023 is Rs 1,60,122 crore, of which Central GST is Rs 29,546 crore, State GST is Rs 37,314 crore, Integrated GST is Rs 82,907 crore (including Rs 42,503 crore collected on import of goods) and cess is Rs 10,355 crore, the finance ministry said in a statement.
Equity benchmarks continued to remain weak on Monday with the Sensex and Nifty falling over 1 per cent each, dragged down by bank stocks and negative global market trends. The 30-share BSE Sensex, which had started the trade on a weak note, tumbled 872.28 points or 1.46 per cent to settle at 58,773.87. During the day, it slumped 941.04 points or 1.57 per cent to 58,705.11. The broader NSE Nifty declined 267.75 points or 1.51 per cent to finish at 17,490.70.
Shahrukh Khan however changed the complexion of the game as he smashed 33 runs off just 15 balls, taking Tamil Nadu to a four-wicket win.
The two IT majors -- Infosys and TCS -- delivered disappointing results for the fourth quarter of the 2022-23 financial year (Q4FY23). Poor macro conditions and weak sentiment in the banking, financial services and insurance (BFSI) space accounted for the miss. For TCS, revenue in constant currency (CC) terms grew at 0.6 per cent on a quarter-on-quarter (QoQ) basis. Weakness was visible in North America, primarily due to deferred discretionary spending.
The death toll has reached 5,28,611 with 27 more deaths, including 16 fatalities reconciled by Kerala.
Equities are the go-to asset class as far as ultra-long-term returns are concerned. Over the past 123 years, global equities have provided an annualised real return of 5 per cent in US dollar terms, while bonds have delivered 1.7 per cent and short-term bills just 0.4 per cent, according to Credit Suisse's Global Investment Returns Yearbook 2023. In collaboration with the London Business School, Credit Suisse has analysed over 100 years of returns for key asset classes in 35 countries.
Counting of votes will be held on Thursday for the Gujarat assembly elections which were held in two phases on December 1 and 5 across 33 districts of the Bharatiya Janata Party-ruled state.
'It's good to have someone with a lot of experience batting with you because he can take you through how to take the game on'
The Gujarat Bharatiya Janata Party unit is upbeat and confident of forming the next government in the state with all the exit polls predicting a big mandate for the saffron outfit.
Senior batter Ambati Rayudu has returned to Baroda and will be playing for the side in the upcoming domestic season as a 'professional'.
The ruling BJP-led coalition ended Samajwadi Party leader Azam Khan's over four-decade dominance in Rampur with its ally Apna Dal-Sonelal winning the Suar assembly by-election by a margin of 8,724 votes.
IMAGES from Day 2 of the WTC Final played between Australia and India at The Oval in London on Thursday.
Violence had rocked West Bengal's rural polls on Saturday, leaving 15 people dead while ballot boxes were vandalised, ballot papers torched, and bombs thrown at rivals in several places.
Reliance Industries Limited (RIL) has been one of the top performing companies in the large cap space under the chairmanship of Mukesh Ambani and has beaten the broader market both in terms of earnings growth and shareholder returns. In the last 20 years, RIL's net profit has grown at a compound annual growth rate (CAGR) of 15.7 per cent while its net sales have grown at a CAGR of 15.1 per cent. RIL's net profit at consolidated level has jumped 18.5 times in the last two decades growing from Rs 3280 crore in FY02 to Rs 60,705 crore in FY22; its net sales grew 16.6 times from Rs 42,129 crore to Rs 6.99 trillion.
The production growth of eight infrastructure sectors -- coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity -- was 19.3 per cent in May 2022, the data showed. In June, the output of coal, refinery products, fertiliser, cement and electricity rose by 31.1 per cent, 15.1 per cent, 8.2 per cent, 19.4 per cent, and 15.5 per cent, respectively.
The Indian pair will face the Russian team in the summit clash on Friday.
Things are looking up for engineering firms and Siemens is likely to be one of the leading beneficiaries. Apart from the generic revival in activity, which is expected to continue through the 2023-24 financial year (FY24), the Budget has a strong infrastructure thrust, which works in Siemens' favour. The company reported a standalone Ebitda (earnings before interest, tax, depreciation and amortisation) of Rs 550 crore (up 66 per cent year-on-year or YoY) in Q1FY23 (Siemens follows the October-September accounting year).
Maruti Suzuki's contribution to the sales revenue of its Japanese parent, Suzuki Motor Corporation (SMC), has touched the highest-ever figure during April-December of FY23. According to SMC's results declared on Tuesday, Maruti's share in its global revenues jumped from 33.42 per cent in April-December of FY22 to 40.93 per cent in the corresponding period of FY23.
Telecom infrastructure player Indus Towers has been largely ignored by investors with occasional bursts of trading when there's news flow. For example, the stock fell from Rs 188 (Jan 1, 2023) to Rs 135 (Jan 27) and then bounced back to Rs 165 in early February as the Government of India (GoI) converted Vodafone Idea's (Vi) debt into equity and Bharti Airtel pushed up its direct stake in Indus to 47.95 per cent. The cash-strapped Vi holds 21 per cent stake in Indus Towers and Indus also has substantial receivables to come in from Vi which is a negative overhang.
Top seed Mukunds crashes out in semi-finals of SKME ITF Open
Several teams have been formed to trace the offending vehicle and its driver.
AIMIM chief Asaduddin Owaisi claimed it was an act of "custodial torture".
Virat Kohli was accused of 'fake fielding' by Bangladesh's wicketkeeper-batter Nurul Hasan.
After returning to form with a quickfire fifty, KL Rahul ran out dangerman Litton Das with a direct hit triggering a Bangladesh batting collapse.
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