If pharmaceutical exports from India to the US come under a 25 per cent tariff bracket, the impact on earnings before interest, tax, depreciation and amortisation (Ebitda) could be around 5 per cent, felt analysts. This is after assuming that about 75 per cent of the tariff would be passed on.
The Enforcement Directorate (ED) has filed a charge sheet against Robert Vadra, husband of Congress MP Priyanka Gandhi Vadra, in a money laundering case related to a land deal in Haryana's Shikohpur. The ED has also attached properties worth Rs. 37.64 crore linked to Vadra.
ISL clubs warn AIFF of possibility of their shutting down entirely if current impasse not resolved
This isn't just a home for the elderly. It's a place where life stories, generations, and cultures weave themselves into something quietly extraordinary, discovers Nitin Sathe.
'I look forward to contributing to the next phase of cricket's evolution, expanding its global footprint, enhancing the fan experience, and working closely with ICC Member Boards to build on our strong foundations.'
Equity investors are up for an eventful trading week ahead as the 90-day suspension period of the reciprocal tariffs announced by US President Donald Trump ends on July 9, analysts said, adding that a positive outcome from the trade negotiations could further lift market sentiment, particularly benefiting trade-sensitive sectors.
'It is not rigidity.' 'I am just sticking to what I believe very strongly in, particularly if you have been given an opportunity to serve the country....'
The Enforcement Directorate (ED) has alleged that Robert Vadra, husband of Congress MP Priyanka Gandhi Vadra, provided evasive responses during questioning regarding a 2008 land deal in Haryana. The ED claims Vadra placed blame on deceased associates and exerted undue influence on government officials.
Gold prices are likely to remain under pressure in the coming week as investors await key US macroeconomic data for cues on the Federal Reserve's potential direction on interest rates, which in turn will influence the trajectory for the precious metal, according to analysts. Market sentiment has tilted away from safe-haven assets like gold amid fading geopolitical tensions and improving risk appetite towards riskier assets such as equities, they said.
Prime Minister Narendra Modi presented a tree sapling to King Charles III as part of his 'Ek Ped Maa Ke Naam' environmental initiative during their meeting at Sandringham Estate.
'If Washington has to balance Chinese power, she will have to turn to the third biggest power in the world which is India.' 'The United States and India will have to work together in order to keep Chinese ambitions in check.'
The famous 'tareekh pe tareekh' dialogue from the Hindi movie Damini captures where we are now.
'Militants are taking over the administration. Fundamentalists have been released from jail.'
Shares of Avenue Supermarts, which owns and operates the DMart stores, hit a two-year high of Rs 4,710.15 as they surged nearly 6 per cent on the BSE in Thursday's (April 4) intraday trade after reporting strong revenue growth in the January-March quarter (Q4) of the previous financial year (FY24). DMart, in the Q4FY24 pre-quarter update, said the company reported 20 per cent growth in standalone revenue from operations at Rs 12,393 crore, as against Rs 10,337 crore in the third quarter (Q3) of 2022-23 (FY23), driven by a 7 per cent growth in revenue per store and a robust 13 per cent year-on-year (Y-o-Y) increase in store additions. In Q3 of 2021-22, the company reported revenue of Rs 8,606 crore and in Q3 of 2020-21, it posted revenue of Rs 7,303 crore.
Security agencies are concerned about the increasing use of drones by terror groups in Jammu and Kashmir for surveillance and logistics, replacing human networks.
Avenue Supermarts, the operator of DMart retail chain, reported good results for the July-September quarter (Q2FY24) with strong earnings before interest before interest, taxes and depreciation (Ebitda) and profit before tax (PBT) growth, but lower PAT due to higher tax incidence. The operating margin improved, and like-to-like store sales growth was strong. Average bill value also increased though this may be a seasonal effect to some extent. Analysts are assuming this means the slowdown in retail may have bottomed out.
'There was no corruption in the railways as officers were aware of severe action. Workers and senior officers were treated equally on the working hours front'
'Investors who remain calm, consistent, and disciplined through short-term volatility are usually the ones who benefit most in the long run.'
PayPal Payments Pvt Ltd (PayPal), the Indian subsidiary of PayPal Holdings Inc, has received in-principle approval from the Reserve Bank of India (RBI) to operate as a Payment Aggregatorross Borderxports (PA-CB-E). This marks a key milestone in PayPal's operations in India and its continued support for Indian small businesses, enabling secure cross-border payments to approximately 200 markets, the company said in a statement.
Karnataka transport minister Ramalinga Reddy confirmed the development, stating that the companies must abide by the court's decision.
An eyewitness in the 1984 anti-Sikh riots case related to the Pul Bangash Gurdwara in North Delhi has testified in court, accusing Congress leader Jagdish Tytler of instigating the mob to violence.
Yorkshire hasn't forgotten Vinod Kambli. He remains part of its rich cricketing folklore
'Pakistan will also try to turn Bangladesh into a base for terrorist attacks on India.'
Emraan Hashmi's Ground Zero is all set to make history by becoming the first film to have its red carpet premiere in Srinagar in 38 years.
Majithia and his wife claimed that members of the Vigilance Bureau barged into their house in Green Avenue in Amritsar. They claimed that a similar raid was conducted at their residence in Chandigarh.
Social media platform X (formerly Twitter) has announced that it has blocked over 8,000 accounts in India following executive orders from the government. The platform says it disagrees with the orders, which include demands to block access to accounts belonging to international news organizations and prominent X users. X claims that in many cases, the government has not specified which posts from an account have violated India's local laws, nor provided evidence to justify the account blocks. Despite its disagreement, X has begun the process of blocking the specified accounts in India to comply with the orders. The platform also expresses concerns about transparency and accountability in the government's decision-making process and is exploring legal options to challenge the orders.
Although most high-frequency traders (HFTs) prefer to set up shop close to stock exchanges to enjoy better latency, a few are willing to sacrifice proximity to save a few bucks. Two HFTs have already established their offices at the GIFT City (Gujarat International Finance Tec-City) IFSC while many more are likely to follow suit.
India and the UK on Tuesday sealed an ambitious free trade deal along with a double contribution convention with Prime Minister Narendra Modi saying that the landmark pacts will catalyse trade, investment, growth and job creation in both the economies. Modi made the announcement on the agreements after a phone conversation with his British counterpart Keir Starmer.
Astronaut Shubhanshu Shukla returns to Earth after an 18-day mission aboard the International Space Station, marking a significant milestone for India's space program and carrying out crucial scientific experiments.
A woman has been detained in Noida for allegedly assaulting a minor boy who requested her not to bring her pet dog into the lift of a residential building. The incident, captured on video, sparked outrage among residents. The woman was seen dragging the boy out of the lift despite his pleas. Police have registered a case and are investigating the matter.
An accused is discharged at the stage of charge-framing when the judiciary is persuaded that the prosecution's claims do not contain adequate prima facie evidence to suggest criminal conduct.
Adarsh Kumar, the son of a farmer and a Class 12 student from rural Bihar, is on a mission to build one of India's largest free skill development movements, powered only with a laptop, free Internet and his relentless determination.
Bike-taxi drivers are also left stranded as many depended on the service.
The formulations in the declaration in reference to terrorism is going to be to our "satisfaction", Dammu Ravi, secretary (economic relations) in the external affairs ministry said on Monday.
A decline in the initiation of the corporate insolvency process last year is spurring most Big Four firms to rethink and rejig their insolvency verticals to focus on business beyond Insolvency and Bankruptcy Code (IBC), industry experts said. Between the June and December quarter of FY25, the number of insolvency applications initiated by financial creditors went down from 150 to 84.
In a statement after a meeting between Trump and Pakistan Army chief Asim Munir at the White House on Wednesday, the Inter-Services Public Relations -- the media wing of the Pakistan Army -- said they also discussed joint counterterrorism efforts.
'When you are someone's kid, you get easier access to the industry.' 'People will meet you, maybe even give you a first opportunity out of goodwill.' 'But at the end of the day, it's business.'
Two 'very smart' leaders of India and Pakistan decided to end last month's conflict that could have turned into a nuclear war, United States President Donald Trump said after holding a rare luncheon meeting with Pakistan army chief Field Marshal Asim Munir at the White House.
Pant's foray into India's first franchise-based pickleball league marks an exciting new chapter for the sport.
Opposition parties in India, including the Congress, Left parties, Samajwadi Party, Bahujan Samaj Party, Trinamool Congress, Dravida Munnetra Kazhagam, Rashtriya Janata Dal, Shiv Sena (UBT), and NCP (SP), have unanimously hailed the armed forces' "Operation Sindoor", a retaliatory strike against terrorist infrastructure in Pakistan and Pakistan-occupied Kashmir (PoK). The operation, which involved missile and drone strikes, was conducted in response to the April 22 Pahalgam terror attack. Despite political differences, all parties expressed support for the government and the armed forces, stressing the importance of national unity and integrity in the face of terrorism. While emphasizing the need for diplomatic avenues to prevent further escalation, some parties also called for caution in attributing political credit for the strikes.
