The Tata group has begun its second innings with Air India from a war zone. Being first up in Operation Ganga to evacuate Indian nationals from Ukraine, the salt-to-software conglomerate has faced a real war. But the fire-fighting that the group experienced in appointing a chief executive officer (CEO) for the airline that it acquired from the government in a Rs 18,000-crore deal recently may have felt no less.
Fears of banks' earnings plummeting in a deregulated savings deposit rate regime appear to have gripped investors, with most analysts hinting that profitability may come under pressure due to higher cost of funds amid slowing growth in advances.
'Overtightening of monetary policy by central banks and the spread of new Covid variants, which may force governments to restart lockdowns or restrict mobility.'
Shifting to floating rate deposits can work as an anaesthetic gel for some customers, points out Tamal Bandyopadhyay.
Opener Rachael Haynes smashed a scintillating 130 as Australia scored a 12-run win over defending champions England in a high-scoring ICC Women's World Cup match, in Hamilton, on Saturday. In another match, South Africa handed Bangladesh a 32-run defeat in Dunedin.
Among all VIP messages wishing him quick recovery, Prime Minister Manmohan Singh may cherish the most the one sent by Communist Party of India-Marxist General Secretary Prakash Karat.
The government has opted for the RuPay debit card over the Aadhaar-based platform for "last-mile" authentication in its Pradhan Mantri Jan Dhan Yojana.
Former skipper Ian Chappell backed premier fast bowler Pat Cummins over batting maestro Steve Smith for the Australian captaincy after incumbent Tim Paine retires.
The Indian economy remains on track to regain its position as the world's fastest-growing major economy after official estimates on Friday put the expansion at a tempered 9.2 per cent this fiscal amid concerns over the impact of a resurgent virus on the fragile recovery. The growth in the gross domestic product (GDP) of 9.2 per cent in April 2021 to March 2022 fiscal (FY 2021-22) given by the National Statistical Office (NSO) in its first advance estimate compares with 9.5 per cent expansion forecast by the Reserve Bank of India (RBI) last month. The economy had contracted by 7.3 per cent in the previous financial year.
It is unfortunate that Corporate India's image should be dented in this fashion; but it would be even more unfortunate if the Satyam case did not lead to a more careful scrutiny of what exactly goes on in Corporate India.
Images from Saturday's action in the English Premier League.
In a boost to the sagging defence relationship between India and Russia, the two nations on Friday signed a contract for supply of 80 MI-17V-5 medium lift helicopters for the Indian Air Force. Valued at $1 billion, the agreement between the two sides comes at a time when New Delhi and Moscow are squabbling over several defence related deals signed earlier.
India, who suffered a 10-wicket thrashing to Pakistan in their opening match, face a virtual quarter final game against New Zealand, on Sunday, October 31.
Topped with caramel, these sinful bars of chocolate make for a yummy treat.
Companies such as Tata Motors, Mahindra & Mahindra, TVS Motor Company, Hero Motocorp, Bajaj Auto and Maruti Suzuki, for whom Sri Lanka is a key export destination, are experiencing a significant slowdown in demand following the import duty hikes, which have made their vehicles very expensive in the island nation.
Reserve Bank Governor Shaktikanta Das has pitched for policy support from all sides -- fiscal, monetary and sectoral -- to nurture recovery of the economy hit by the second wave of the coronavirus pandemic. The dent on economic activity due to the second wave of the pandemic during April-May necessitated continuation of monetary measures to support the process of economic recovery to make it durable, Das had said while participating in the meeting of the Monetary Policy Committee (MPC) earlier in the month. "Overall, the second wave of COVID-19 has altered the near-term outlook, and policy support from all sides - fiscal, monetary and sectoral - is required to nurture recovery and expedite return to normalcy," Das said, as per the minutes of the meeting released on Friday.
For a village in Azamgarh, Mubarakpur is an aberration. Its streets are clean, roads well-paved, and no open sewage drains are visible anywhere. Although a few houses look derelict, most bear signs of relative affluence, some even opulence. But that is not attributable to the village's marquee industry - silk saree weaving, which is sold as the "Banarasi silk saree" across India. Rather, it's because of the exodus of its residents and those of neighbouring villages to Saudi Arabia and the money repatriated back home.
Recovery from the second wave of the pandemic in April-May is expected to be swifter as compared to the first wave in 2020, according to the Confederation of Indian Industries (CII) chief executive officers (CEOs) poll of 119 top corporate. During the second wave, the lockdowns were largely designed to limit social gatherings and impact on economic activities was restricted. This helped arrest the impact of the second wave on economic growth, according to a survey conducted by the industry lobby group Confederation of Indian Industries (CII). About 59 per cent of the CEOs polled expect the recovery in sales to be better than in the first wave for their companies, while 46 per cent of them expressed a similar trend for their respective industry sectors.
Indian women's cricket's biggest icon spoke on a range of issues covering her legacy, experiences of playing in pre and post BCCI era
Mark Wood's fiery spell with the ball was instrumental in England's eight-wicket victory in the third T20 International against India in Ahmedabad on Tuesday.
Opinion polls by a section of the media channels have stated that Harish Rawat is the most liked politician for the post of chief minister, way ahead of Chief Minister Pushkar Singh Dhami.
Chelsea's hopes of winning the Premier League title were rocked at Stamford Bridge on Monday when an injury time goal from Emile Heskey gave the relegation-threatened visitors a 1-1 draw at Stamford Bridge. Although they were not playing, Manchester United were the big winners on the night as Heskey's goal left Chelsea five points behind Alex Ferguson's league leaders with only four matches to play.
Japan won't allow its reputation to be dented by calling off the Games at this late stage, argues Raj Kishore Mishra, former joint secretary at the sports ministry.
PowerGrid was the top loser in the Sensex pack, slumping over 4 per cent, followed by ONGC, IndusInd Bank, Kotak Bank, L&T, Asian Paints and Bajaj Auto. NSE Nifty tanked 258.40 points to 14,359.45.
Game streaming is becoming a serious professional choice for youth, as it allows them to make good money.
'Congress and BSP are in the fray, but not in the contest.'
A round-up of Wednesday's action in the UEFA Champions League.
A round-up of Wednesday's action in the UEFA Champions League.
The groups plan to take on well-entrenched players like Amazon, Flipkart, and Paytm by merging their offline businesses with e-commerce initiatives.
A final decision is expected by March based on the hosting and COVID-19 contingency proposals received from bidders.
'We remain positive on technology, private sector financials, gas, infrastructure, and export-oriented plays.'
We have not suffered such huge price shocks across so many basic commodities, at the same time, in decades. Has the inflationary impact of all this been factored into stock prices as yet, asks Debashis Basu.
Tata Steel was the top loser in the Sensex pack, shedding over 2 per cent, followed by Sun Pharma, ICICI Bank, SBI, Kotak Bank and Dr Reddy's. NSE Nifty dropped 151.75 points to 15,727.90.
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