Australia out for Pakistan sweep in David Warner Week
India-France synergy is poised to open vistas of collaboration between the two countries, notes Rup Narayan Das.
Ravi Shastri feels Rohit Sharma's return to form augurs well for five-time champions Mumbai Indians
'.. if you do not want to take the asset allocation call.'' 'This category of funds can offer optimum risk-adjusted returns.'
Former Sri Lanka cricketer and current Rajasthan Royals coach and Director of Cricket Kumar Sangakkara expressed happiness on wicketkeeper-batter Dhruv Jurel earning the India call-up for the Test series against England at home, saying that the player understands pressure well and has a fine work ethic.
The economy may grow by around 7 per cent this financial year as estimated by the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), say economists with various organisations. The first advance estimates for 2023-24 will be released on Friday by the National Statistical Organisation (NSO), an exercise done for calculating ratios such as the fiscal deficit. The interim Budget will be presented on February 1.
Pakistan left with plenty to ponder following 14-run loss to Australia
Rashid Khan lauds Noor Ahmad's impressive IPL debut for Gujarat Titans
GDP growth of 7.7 per cent in the first half of this fiscal has "left sceptics gasping and woefully behind the curve", an RBI article said on Wednesday. It also stressed the buildup in the growth momentum is likely to be sustained. The article on the state of the economy published in the Reserve Bank's December Bulletin on Wednesday also said CPI-based retail inflation is expected to ease to 4.6 per cent in the first three quarters of 2024-25 from 5.6 per cent in November.
The S&P BSE Sensex and the Nifty50 have hit record highs amid the poll outcome-triggered bull frenzy at the bourses. Most analysts feel that the indices are on course to rise further over the next few months - till the general elections - albeit amid intermittent corrections - largely triggered by global developments. Bharatiya Janata Party's (BJP's) win in the three state elections of Madhya Pradesh (MP), Rajasthan and Chhattisgarh, analysts at Jefferies believe, reinforces the consensus expectations of a Modi win 2024 national elections with a greater likelihood of over 300 seats for the BJP.
Old economy companies such as Hero, M&M (Tech Mahindra), Aditya Birla, Essar, Hindujas and Larsen & Toubro have sprung into action with large acquisitions and major deals.
The 41 workers trapped in Uttarakhand's Silkyara tunnel for the last 11 days are likely to be rescued in the next few hours or by tomorrow, National Disaster Management Authority (NDMA) member Lt Gen (retd) Syed Ata Hasnain said on Thursday evening.
tailwinds of a remarkable year and handsome investor returns, Indian equities are set for an eventful journey in 2024, with a slew of local and global cues -- varying from interest rates to Lok Sabha polls to geopolitical happenings. Analysts are of the view that the bull run in the domestic equity market will continue, and over the next 3-6 months, the benchmark indices -- Sensex and Nifty -- could climb up to 7 per cent. In 2023, the 30-share BSE Sensex jumped 11,399.52 points or 18.73 per cent, and the NSE Nifty climbed 3,626.1 points or 20 per cent.
IMAGES from the first ODI between South Africa and India played at The Wanderers, in Johannesburg, on Sunday.
In a memorable year for the equity market, Dalal Street investors added a whopping Rs 81.90 lakh crore to their wealth in 2023 as a raft of positive factors powered a stellar rally in stocks. Experts said India's strong macroeconomic fundamentals, political stability owing to the BJP's success in recent elections in three significant states, optimistic corporate earnings outlook, signals from the US Federal Reserve about three prospective rate cuts next year and heavy retail investors participation played a major role in fuelling the stock market rally in 2023. In the year 2023, the 30-share BSE Sensex jumped 11,399.52 points or 18.73 per cent.
Of all the things that went right in the Test series opener against New Zealand, Cheteshwar Pujara's transformation from an obdurate accumulator of runs to a free-scoring batsman when needed must be the most pleasing for India captain Virat Kohli.
Umar Akmal's brilliance as a batsman and Mohammad Aamer's post-tea burst with the ball against Australia in the Melbourne Test suggests that the future of Pakistan cricket is in safe hands notwithstanding the controversies that have afflicted it, feels noted cricket columnist Peter Roebuck.
"Due to personal reasons, the undersigned hereby recuses from hearing the matter. Accordingly, let the present matter be put up before the principal district and sessions judge, southeast district, Saket court, for February 13 at 12 pm with a request to transfer the matter," the judge said in an order passed on Friday.
India skipper Rohit Sharma is expecting the upcoming ODI World Cup in the country to be a highly-competitive affair since "the game has become faster".
The first meeting of the reconstituted Congress Working Committee under Mallikarjun Kharge's presidency will be held in Hyderabad on Saturday during which the party's top brass will deliberate on evolving a strategy for upcoming assembly polls in five states and the 2024 Lok Sabha elections.
Stocks of the country's bigger tile and ceramic makers were major gainers over the past week. The leaders in this space -- Kajaria Ceramics and Cera Sanitaryware -- were up 7 per cent each. In the past three months, Kajaria Ceramics and Somany Ceramics were up 29-32 per cent, while Cera Sanitaryware gained 22 per cent.
The stock of State Bank of India (SBI) may re-rate soon, believe analysts, if the lender manages to safeguard its net interest margin (NIM) going ahead. This, along with controlled credit costs, should aid the outlook of the stock which has been underperforming the markets for some time now. "We believe delivery of growth on guided lines, sustenance of NIMs near current levels, and controlled asset quality parameters aiding controlled credit costs should lead to strong profitability and drive re-rating of the stock," said analysts at JM Financial.
Finance Minister Nirmala Sitharaman on Tuesday asked banks and other financial institutions to ensure that their customers must update nominees to help resolve the problem of unclaimed money in future. "I want the banking system, the financial ecosystem including the mutual funds, stock markets to keep in mind that when someone deals with his (customer's) money, the organisations will have to think about the future and ensure that customers nominate their heirs, give the name and address," Sitharaman said speaking at the Global Fintech Fest (GFF) in Mumbai. According to a report, the banking system alone has more than Rs 35,000 crore of unclaimed deposits, while the overall quantum of the unclaimed money is said to be more than Rs 1 lakh crore.
'That's the beauty of Mumbai cricket. Nobody interferes with the running of the cricket, only the cricketers are allowed to run the cricket.'
The first five months of 2023 have witnessed at least six major events/trends that augur badly for global economic and socio-political prospects, points out Shankar Acharya, former chief economic adviser to the Government of India.
Equity benchmarks climbed in early trade on Wednesday amid an overall positive trend in the global markets and ahead of the presentation of Union Budget 2023-24. The 30-share BSE benchmark Sensex jumped 516.97 points to 60,066.87. The broader NSE Nifty climbed 153.15 points to 17,815.30.
Hockey team in search of a new path under coach Fulton
The announcement was made after AICC general secretary Ajoy Kumar held a meeting with CPI-M state secretary Jitendra Choudhury on Friday evening.
'He is fielding like a panther and his batting is brilliant.'
The Madras high court on Tuesday observed that the continuance of V Senthil Balaji as a minister without portfolio in the MK Stalin-led Tamil Nadu cabinet will serve no purpose and it does not augur well with the principles of good governance and purity in administration.
Five years after USA Cricket shared its plans to launch a domestic T20 tournament, the inaugural edition of the MLC kicked off having assembled an impressive array of investors.
Modi also congratulated individual members of the Indian contingent who won board medals. "These are outstanding players who have shown remarkable grit and tenacity. Best wishes for their future endeavours," he said.
'We have a plan to plough back a 'This year in the first half we had profits of more than Rs 31,000 crore.' significant amount of profits this financial year.' 'We have seen this organic plough back of profit is one of best ways to support the equity of the bank.'
"So, there was no infiltration of any Afghani Taliban... To that effect, we have been able to control (things)," he said.
'A large portion of youngsters who aspire to join the civil services are not motivated by the spirit of public service and idealism of which the civil services offer in abundance.' 'When they join the mandarin club they look for the loaves and fishes of office, rather than make a difference and wipe what Mahatma Gandhi called 'every tear from every Indian',' points out Rup Narayan Das.
It was only Alcaraz's third tournament on grass, but the way he marched through the draw augurs well for his prospects at Wimbledon, where he will be seeded number one.
The further expansion and upgrade of the Chinese military does not augur well for India, which continues to confront an increasingly belligerent China on its borders, notes former foreign secretary Shyam Saran.
Rule of law prevents a government, brought to power by the strength of ballots, from betraying the trust of citizens and "lapsing into a government of caprice, nepotism and finally despotism", the Supreme Court said on Thursday.
Hit by Covid waves and slowdown, the Indian Railways has still not been able to return to its pre-pandemic passenger traffic, data by ministry of Railways has revealed. In February, the national transporter received 413 million ticket bookings - 43 per cent higher than the previous year, but only 61 per cent of the 675 million in February 2020. According to the statistics, that was the last time the Railways saw more than 500 million bookings in a single month.