Vehicle retail sales in the country rose 57 per cent during the Navratri festival this year, clocking a record sales of nearly 5.4 lakh units, Federation of Automobile Dealers Associations said on Monday. Total vehicle retail sales between September 26 and October 5, 2022, stood at 539,227 units compared to 342,459 units sold during Navratri last year, FADA said in a statement. The sales registered this year were also a record, bettering the previous best of 4,66,128 units in Navratri of 2019, it added.
The Supreme Court ordered on Monday that no invasive work would be undertaken by the Archaeological Survey of India (ASI) to determine if the Gyanvapi mosque located next to the Kashi Vishwanath temple in Varanasi was built upon a temple and agreed to hear a plea moved by the mosque committee during the day.
Food delivery aggregator Swiggy's losses widened 2.24 times to Rs 3,628.9 crore during last financial year, as its expenses surged 227 per cent in a year. This is even as the decacorn's revenue jumped more than twofold to Rs 5,704.9 crore in FY22, according to details from company research platform Tofler. While the company's losses surged from a base of Rs 1,616.9 crore in FY21, its total expense in FY22 touched Rs 9,748.7 crore, from Rs 4,292.8 crore a year ago.
The number of cybercrime incidents in 2021 has gone up by 18.4 per cent since 2019, but the number of such cases against women has risen at a significantly steeper 28 per cent, data released by the National Crime Records Bureau showed. Of the 52,974 incidents reported in 2021, 10,730 - 20.2 per cent - were reported as cases of crime against women, the data revealed. Cybercrimes against women primarily include instances of cyber blackmail, threatening, cyber pornography, posting/ publishing of obscene sexual materials, cyber stalking, bullying, defamation, morphing, and creation of fake profiles.
Reserve Bank Governor Shaktikanta Das on Wednesday said in the wake of appreciating US dollar, the movement of rupee has remained least disruptive as compared to its peers, and the size of foreign exchange reserve is comfortable. On a financial year basis (from April to October 2022), the rupee has appreciated by 3.2 per cent in real terms, even as several major currencies have depreciated, he said while announcing the latest set of bi-monthly monetary policy. "The story of the rupee has been one of India's resilience and stability," the Governor said while pointing out that the appreciation of the US dollar this year, which precipitated large-scale depreciation of all major global currencies including the Indian rupee, has drawn wide attention.
A summary of Thursday's action in the Ranji Trophy group stage matches.
The BMC election will hold the key to a new shift in political power -- not just in Mumbai but in Maharashtra, reports Sarthak Choudhury.
Former champions Mumbai Indians will have their task cut out when they host Gujarat Titans, who remain unbeaten on the road.
Shares were also buoyed by positive global sentiment on hopes major central banks will ease monetary policy further or continue to keep it loose for long.
Union Health Minister Mansukh Mandaviya on Thursday asked the public not to panic about COVID-19, but be alert and follow the directives issued by the government from time to time.
Vinod Kambli says his only source of income is the Rs 30,000 pension that he receives from the BCCI, and for that he is grateful.
Kuldeep Yadav's exclusion from the India's playing XI for the ongoing second Test against Bangladesh may have surprised many but senior pacer Umesh Yadav on Thursday said it is a part of every cricketer's journey.
The fall in the employment rate translated into a 2.6 million fall in absolute employment between December 2022 and March 2023. Most of this fall was in March 2023.
The death toll due to the viral disease has gone up to 5,25,870 with 45 more fatalities.
Rohit Sharma, Virat Kohli, Cheteshwar Pujara, Mohammed Shami and Ravindra Jadeja could do with a break, which will allow India to try out new players in the Caribbean.
Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable Player of IPL 2023.
The Organization of the Petroleum Exporting Countries (Opec) and its partners, such as Russia, collectively termed Opec+, have decided to cut crude oil production by 100,000 barrels per day (bpd) from October onwards, at a meeting on Monday. In a step that may increase prices in India, the group has decided to reduce output quotas for October, after a fall in global oil demand outlook. The cut in output is equal to 0.1 per cent of global supply.
Domestic-focused agricultural chemical (agrochem) companies could face near-term headwinds, given the worries on the El Nio effect on monsoons, higher inventory, and pressure on margins. Some of these were reflected in the October-December quarter (third quarter, or Q3) results of companies and may impact them in the current quarter (fourth quarter, or Q4) as well. Nuvama Research pointed out that the sector witnessed mixed performance during the quarter as global agrochem and domestic fertiliser companies maintained growth momentum, while adverse agronomical conditions and excess channel inventory weighed on domestic market volume offtake.
The rupee weakened by 14 paise to close at a new lifetime low of 79.59 against the US dollar on Tuesday as a strong greenback overseas and persistent foreign fund outflows continued to weigh on investor sentiment. This comes a day after the RBI announced measures for international trade settlement in rupees. At the interbank forex market, the local unit opened weak at 79.55 against the greenback and witnessed an intra-day high of 79.53 and a low of 79.66.
Umesh Yadav and Ravichandran Ashwin picked four wickets each to put India in control as Bangladesh were bowled out for 227 in their first innings, on Day 1 of the second and final Test.
'All our efforts in this series will be for Jhulu di'
Investors' wealth has jumped by a massive Rs 9.41 lakh crore during three successive days of gains in the domestic equity market. The Sensex and the Nifty continued their upward journey for the third straight session on Wednesday, as the BSE benchmark surged nearly 1,148 points to breach the 51,000-level and the NSE benchmark index recaptured the 15,200-mark by rising 326.5 points. At the closing bell, the 30-share Sensex was up 1,147.76 points or 2.28 per cent at 51,444.65, the biggest single-day rise since February 2.
Congress leader Milind Deora on Wednesday urged Maharashtra Chief Minister Eknath Shinde to scrap the delimitation and demarcation of ward boundaries in Mumbai, alleging that it was done to benefit only the Shiv Sena.
Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable Player Index of IPL 2023 after the league stage.
Credit card spends touched an all-time high of Rs 1.16 trillion in July, registering a growth of 6.5 per cent on a month-on-month basis and 54 per cent year-on-year, latest data put out by the Reserve Bank of India revealed. Spends have topped the Rs 1 trillion level for five consecutive months now. Industry participants are expecting further tailwinds in credit card spends with the onset of the festive season, where spends typically remain at an elevated level.
A swashbuckling knock by Suresh Raina helped India reach a decent total of 226 in the fifth and final cricket ODI against England after an inept batting performance by the top-order batsmen in bowling friendly conditions, in Dharamsala on Sunday.
The bench said that in its opinion the reasoning given by the high court is faulty on both facts and law.
Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable Player Index of IPL 2023 after Game 33.
Narayan Jagadeesan on Monday broke the world record for the highest ever individual score in men's List A cricket by hammering a 141-ball 277 as Tamil Nadu trounced Arunachal Pradesh by a mammoth record margin of 435 runs in the Vijay Hazare Trophy
Key drivers of profitability for Zomato has not witnessed remarkable growth, the management believes the venture will turn profitable in the long term.
The fall of Kherson -- a city of 300,000 people, northwest of the Crimean peninsula -- is significant because it would allow the Russians to control more of Ukraine's southern coastline and to push west toward the city of Odessa, the NYT reported.
Images from Day 3 of the second and final Test between Bangladesh and India in Dhaka, Mirpur on Saturday.
Investors' wealth tumbled Rs 86,741.74 crore on Wednesday, mirroring weakness in the global equity markets amid escalating tensions between Russia and Ukraine. The BSE benchmark Sensex slumped 1,227.18 points to 55,020.10 during the day in line with a global selloff. It finally settled at 55,468.90, lower by 778.38 points or 1.38 per cent. Surging crude prices and foreign capital outflows also weighed on investor sentiment.
Retail investment demand for gold bars and coins as well as central bank purchases pushed the global gold demand by 28 per cent to 1,181.5 tonnes in the September quarter, according to the World Gold Council report. The total global demand stood at 921.9 tonnes during the July-September quarter of 2021, the World Gold Council's 'Gold Demand Trends Q3 2022' showed on Tuesday. Investment was down 47 per cent year-on-year as gold backed Exchange Traded Fund (ETF) investors responded to a challenging combination of higher interest rates and a strong US dollar with significant outflows of 227 tonnes.
Images from the second One-Day International between Bangladesh and India, in Chattogram, on Saturday.
Here's how pundits and big names, including England footballer Gary Lineker reacted to the win...
Piramal Enterprises' bid for debt-ridden DHFL received the most votes from lenders at the close of the voting process on Friday, sources said. Piramal Enterprises' bid received 94 per cent votes as compared to 45 per cent for the US-based Oaktree Capital. Voting was done on various parameters, including qualitative and quantitative.
According to poll observers, there are about 3.88 lakh voters in Rampur assembly constituency and of them, about 2.27 lakh, about 60 per cent, are Muslims.
Investors became poorer by over Rs 4.47 lakh crore on Friday as markets faced severe drubbing, mirroring weak trends in global equities. The 30-share BSE benchmark dived 866.65 points or 1.56 per cent to settle at 54,835.58. During the day, it tumbled 1,115.48 points or 2 per cent to 54,586.75.
For the record, the highest List-A score is 268 by Ali Brown.
