Varsha Bhosle salutes that effervescent icon of Indian cinema, Dev Anand.
A statue of late Tamil Nadu Chief Minister MG Ramachandran was on Tuesday found damaged in Thanjavur, with the opposition All India Anna Dravida Munnetra Kazagam strongly condemning the incident and calling for action against the "anti-social elements" behind the vandalism.
The RBI's surprise rate hike may have been prompted by its inability to convince the government to cut excise duty on petrol and diesel and take other supply-side measures to tame runaway inflation, sources aware of the central bank's thinking said on Thursday. There has been a record Rs 10 a litre increase in petrol and diesel prices in a matter of 16 days beginning March 22, which has further fuelled the already high commodity prices. The RBI, which is mandated to ensure inflation is under 6 per cent, acted with a 0.40 per cent increase in repo rate to check prices before they went completely out of hand.
After wrecking havoc on rival camp along with Rakesh Dhruv on the third and final day of the second warm-up game, off-spinner Jalaj Saxena on Monday said they put Australia "under pressure" and the visitors would go into the first Test "low on confidence".
'We have delivered a bitter medicine. It will take time to work.'
The finance ministry said on Tuesday that high energy and commodity prices due to the Russian invasion of Ukraine may provide an upside risk to inflation and continued vigil is required. "Going forward, elevated energy and commodity prices may act as an upside risk to the inflation outlook in the near-medium term. "Given the inherently unsustainable nature of high prices, international commodity prices are expected to level off early with an increase in supplies outside the crisis zone," the department of economic affairs said in its latest monthly economic report for February.
The Chinese aren't after territory. Their target is our national will, morale and the sense of autonomy we feel in making our strategic choices. They are attacking India and the Modi government at their weakest point, asserts Shekhar Gupta.
Gold jewellery demand in India is likely to decline in the second and third quarters of this fiscal due to hike in import duty, high volatility in prices and inflationary pressure, according to a report. While demand is likely to contract by 8 per cent year-on-year in the second quarter of FY23, the decline is expected to be higher at 15 per cent in the third quarter due to the exceptionally high base in the same period of FY22, Icra said in a report. According to the report, the exceptional third quarter performance in FY22 was due to the post-Covid reopening of the economy and the substantially high demand in the wedding and festive seasons.
India slipped to the fifth spot in the latest WTC points table
'Akhilesh did politics like Rabi and Kharif crop which come once a year. Politics is not seasonal, you have to harvest your field all through the year and only then you get a good crop' Political analyst lists 12 reasons why Akhilesh Yadav lost the UP elections.
Continuing its heavy selling spree for the eighth consecutive month, foreign investors pulled out nearly Rs 40,000 crore from the Indian equity market in May on fears of an aggressive rate hike by US Federal Reserve that dented investor sentiments. With this, net outflow by foreign portfolio investors (FPIs) from equities reached at Rs 1.69 lakh crore so far in 2022, data with depositories showed. Going ahead, FPI flows will remain volatile in the emerging markets on account of rising geo-political risk, rising inflation, tightening of monetary policy by central banks, among others, Shrikant Chouhan, Head - Equity Research (Retail), Kotak Securities said.
The Shiv Sena has plans to field 50 to 100 candidates in Uttar Pradesh, including in Ayodhya and Mathura and made it clear that the party will not be part of any alliance.
The ruling Bharatiya Janata Party's march towards a two-third majority was halted by the presence of Keshubhai Patel's party in Saurashtra and the saffron outfit suffered reverses in Chief Minister Narendra Modi's own backyard of north Gujarat.
Manchester United suffered a third major blow in eight days on Sunday when a 0-0 draw at Blackburn Rovers damaged their hopes of claiming a fourth consecutive Premier League title.
With Manchester United crashing out of the Champions League on Wednesday night, it is the first time in seven years that the competition will not feature an English club in the last four.
'If the Opposition does make a dent, it could encourage the efforts of regional parties to come together for the larger battle in 2024 and mark the beginning of a new anti-BJP politics.'
Nicolas Almagro's chances of making next month's World Tour Finals in London were dealt a blow when he was beaten 6-3,7-5 by top seed and Spanish compatriot David Ferrer in the quarter-finals of the Valencia Open on Friday.
'By naming Tejashwi as the next CM candidate, he has put us in a dilemma.' 'Who will lead us in 2025?' 'What will happen to the party after 2025?'
P-notes are issued by registered Foreign Portfolio Investors (FPIs) to overseas investors who wish to be a part of the Indian stock market without registering themselves directly. They, however, need to go through a due diligence process. According to Securities and Exchange Board of India (Sebi) data, the value of P-note investments in Indian markets -- equity, debt, and hybrid securities -- stood at Rs 90,580 crore at April-end, compared to Rs 87,979 crore in March.
Jairam Ramesh said the Congress has to be the "fulcrum" of any Opposition alliance to take on the BJP in the 2024 general elections as it is the only political force with a pan-India presence.
The Bharatiya Janata Party's action against its two members for their controversial comments against Prophet Mohammed cap a series of statements from its top brass and also Rashtriya Swayamsevak Sangh chief Mohan Bhagwat that sought to distance their organisations from shrill and combative religious rhetoric, even as it has brought to fore the conflict within their wide sphere of support.
It took Australia seven attempts but under Aaron Finch they finally laid their hands on a maiden Twenty20 World Cup title on Sunday with an eight-wicket triumph over New Zealand.
An article in China's Global Times warned Beijing that China needs to worry about the effect of industrial transfer to India on production chain
Experts suggest that a revamp in the surrounding infrastructure should take care of the issues plaguing the VB-2, stressing that the lightweight nature of the trains is what allows for higher speeds, and that needless design additions may hamper the train's efficiency.
Amid news of a fuel shortage in some parts of the country and wider unrest over fuel issues in the neighbourhood, an analysis of the data from international tracker globalpetrolprices.com shows that the per litre price of petrol is higher in India than in seven out of its nine neighbours.
Round-up of Ranji matches played on Tuesday.
Equity benchmarks mustered gains for the first time this week on Thursday as investors piled into the recently-battered metal, bank and IT stocks amid expiry of monthly derivative contracts. Snapping its three-session losing streak, the 30-share BSE Sensex rallied 503.27 points or 0.94 per cent to settle at 54,252.53. On similar lines, the broader NSE Nifty gained 144.35 points or 0.90 per cent to end at 16,170.15.
A 1-1 draw kept Churchill two points adrift of leaders East Bengal in the National Football League.
Year 2008 results of India's largest drug maker, Ranbaxy Laboratories, and Wockhardt were also impacted by forex losses. Companies such as Aurobindo and Orchid are also expected to post forex losses, say analysts.
BofA Securities has revised its year-end Nifty target from its earlier projection of 16,000 to 14,500 now - down over 6 per cent from the current levels. Fast tightening monetary conditions, slowing growth/fears of US recession and the likely Nifty EPS (earnings per share) cuts, BofA Securities said, are the key headwinds for the markets in the near-term. However, clarity on macro and monetary policy outlook in the US/India, it said, is the silver lining that could see markets bottom out by August/September 2022.
The rupee appreciated by 0.27 per cent in June against the dollar.
It turned out to be a lop-sided contest as India were thoroughly outplayed in both batting and bowling by a dominant England.
New Zealand are better organised and clinical in terms of execution and hence could start as the favourites in the first semi-final against Pakistan on Wednesday.
The Bharatiya Janata Party's bypoll win in four of the six seats it contested has invigorated the party ahead of assembly polls in Gujarat and Himachal Pradesh.
The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain power for a record seventh straight term but was behind the Congress in Himachal Pradesh which could go with the trend of alternative governments in the hill state.
Bhagwant Mann and Arvind Kejriwal are realising that it is not a cakewalk to run a full state that is plagued with a fiscal deficit and where emotions run high at the drop of a hat, observes Sudhir Bisht.
Rishabh Pant's on-field decisions as Delhi Capitals captain in IPL 2022 might have come under the scanner of former players but the wicketkeeper has got the 'full backing' of head coach Ricky Ponting.
American brokerage firm Morgan Stanley on Thursday sharply cut its India FY23 real GDP growth estimate to 7.9 per cent, mainly due to the impact of the Russia-Ukraine conflict on oil prices. Analysts at the brokerage also raised their inflation forecast to 6 per cent - the upper end of the tolerance band for the RBI - and flagged stagflation risks because of the ongoing events. "We believe that the ongoing geopolitical tensions exacerbate external risks and impart a stagflationary impulse to the economy," they said. It can be noted that stagflation involves a stagnancy in output or growth, coupled with high inflation.
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