Foreign Portfolio Investors (FPIs) continued their buying spree and poured close to Rs 4,800 crore in the Indian equity markets in the first week of January driven by confidence in the country's robust economic fundamentals. Additionally, they injected Rs 4,000 crore in the debt market during the period under review, data with the depositories showed. With expectations of a prolonged decline in US interest rates in 2024, there is an anticipation that FPIs will likely escalate their purchase, particularly in the initial months of the New Year leading up to the general elections, V K Vijayakumar, chief investment strategist at Geojit Financial Services, said.
India's gold demand witnessed a 15 per cent on-year decline to 118.1 tonnes in the January-March quarter of this year, even as value grew by 22 per cent to Rs 94,030 crore due to surging prices, the World Gold Council (WGC) said on Wednesday. According to the WGC forecast, India's gold demand for 2025 is expected to be between 700-800 tonnes.
Gold demand in India witnessed a 5 per cent on-year rise at 802.8 tonnes in 2024 supported by reduction in import duty, and purchases related to weddings and festivals, and going ahead consumption of the yellow metal in 2025 is likely to be between 700-800 tonnes, according to the the World Gold Council. The World Gold Council (WGC) in a report on Wednesday said gold demand in the country in 2024 stood at 802.8 tonnes, as against 761 tonnes in 2023.
Gulveer Singh shattered a decade-old meet record, high-jumper Pooja Singh delivered a personal best show, while heptathlete Nandini Agasara rose to the occasion after a setback as the trio added three more gold medals to India's kitty on the penultimate day of the 26th Asian Athletics Championships.
The initial public offering (IPO) lane will be busy next week, with four main-line companies, including Leela Palaces Hotels & Resorts operator Schloss Bangalore Ltd and Aegis Vopak Terminals tapping the primary market to raise over Rs 6,600 crore collectively.
A special CBI court in Hyderabad convicted former Karnataka minister and MLA Gali Janardhana Reddy and three others in the Obulapuram Mining Company (OMC) illegal iron ore mining case after a prolonged trial spanning nearly 14 years. The court sentenced them to seven years' imprisonment and imposed a fine of Rs 10,000 on each. Reddy was named accused number two. The court imposed a Rs 1 lakh fine on the company. The CBI took Reddy and others into custody soon after the judgment.
Jakob Ingebrigtsen of Norway raced to victory in the 5,000 metres on the final day of the World Athletics Championships in Budapest on Sunday.
Observing an "unholy nexus" between the banks and developers to dupe homebuyers, the Supreme Court on Tuesday directed the CBI to register seven preliminary enquiries against builders in NCR, including Supertech Limited.
The RJD wrote on its X handle, in Hindi, "Just see how Chief Minister Nitish Kumar is pulling towards himself a woman in an objectionable manner with Home Minister Amit Shah looking on".
So far, over 30 people have died across Northeastern states due to heavy rainfalls, floods and landslides, according to media reports.
'...the auto industry to get back to 7% to 8% annual growth.' 'High growth in the SUV segment alone will not achieve this, as it is a small market.'
The performance of Hindustan Aeronautics Limited (HAL) for 2024-25 (FY25) was driven by improved margins and lower provisions. The order book as of March was of Rs 1.8 trillion, with inflows of Rs 1 trillion during FY25.
The Supreme Court of India expressed shock over a viral video showing an eight-year-old girl fleeing her shanty as it was demolished by a bulldozer during an anti-encroachment drive in Uttar Pradesh. The court mentioned the video while hearing a case concerning illegal demolition in Prayagraj. The incident drew criticism from opposition parties, while local authorities defended the demolition, citing court orders and multiple notices issued to the encroacher.
The United States Department of Homeland Security has threatened to revoke Harvard University's ability to enrol foreign students if it failed to provide by April 30 records on its international student visa holders' 'illegal and violent' activities.
Leading chains plan Rs 40K crore infra revival to close capacity gap over next 3-5 years
Images from the Diamond League meet at Qatar Sports Club Stadium, Doha, on Friday.
Prime Minister Narendra Modi gifted a pair of shoes to a man named Rampal Kashyap who had vowed to remain barefoot for 14 years until he met Modi. Modi also requested the man to focus on social work and nation building instead of taking such vows in the future.
'China could intentionally release excess water.' 'The North East is already flood-prone during the monsoon, and even a controlled release from Chinese dams (during the monsoon) could worsen flooding.'
Indian equity benchmarks rose nearly 2 per cent on Thursday, capping a truncated trading week with their strongest weekly performance in over four years. The rally was sparked by renewed risk-on sentiment following progress in trade negotiations and expanded tariff exemptions.
Indian students at Harvard, on condition of anonymity, shared their concerns and experiences of the last few months during which the prestigious university has seen relentless attacks by the Trump administration.
'The testing and certification have been completed, and implementation could occur within a year, depending on the number of vehicles.'
The defence ministry said the proposals approved by the DAC included one on procurement of 7.62x51 mm light machine gun and another on acquisition of weapons MH-60R helicopters of the Indian Navy.
Prime Minister Narendra Modi officially commissioned the Vizhinjam International Seaport on Friday in Thiruvananthapuram in the presence of Chief Minister Pinarayi Vijayan and senior Congress leader Shashi Tharoor, whose presence at the inauguration, Modi said, will give 'sleepless nights' to many.
'Without his vision and foresight, his willingness to take a risk that no one else was willing to take, his deep and abiding love for India, the Indian automobile industry could not have become the powerhouse that it has become.'
Ola Electric on Wednesday said it has successfully completed a company-wide initiative to reduce cost and improve customer experience.
Harvard University has filed a lawsuit against the Trump administration over its decision to revoke the university's certification to enroll foreign students. The lawsuit claims that the government's action is unlawful and unwarranted and that Harvard is not Harvard without its international students. The university argues that the government's decision will have a devastating effect on Harvard and its thousands of international students. The lawsuit comes a day after the Trump administration ordered the Department of Homeland Security to terminate Harvard University's Student and Exchange Visitor Program (SEVP) certification.
Gout's pre-race rival Lachlan Kennedy was disqualified for a false start and, as a result, the youngster hesitated out of the blocks before powering down the straight to leave the competition battling for second.
An Air India aircraft with 242 passengers on board heading to London crashed in the Meghaninagar area near Ahmedabad airport on Thursday afternoon, the police said.
A Kerala man, Ramachandran (65), was killed in a terrorist attack in Kashmir's Pahalgam, leaving his wife unaware of his death. Ramachandran and his wife, Sheela, were on a holiday with their daughter and grandchildren when the attack took place. The couple was known for their love of travel and had recently returned to Kochi after living in the UAE. The family is in shock and mourning Ramachandran's death. The Kerala government has launched a help desk to assist Keralites affected by the terror attack.
Are you deficient in vitamin D? Here are five ways to to boost your vitamin D levels.
Gold prices inched closer to the psychological mark of Rs 1 lakh per 10 grams as the bullion rates surged Rs 1,650 in the national capital on Monday on weak dollar and uncertainties over US-China trade war driving demand. According to the All India Sarafa Association, the yellow metal of 99.9 per cent purity reached Rs 99,800 per 10 grams on Monday. Its value had declined Rs 20 to close at Rs 98,150 on Friday.
Ferrari drivers Charles Leclerc and Lewis Hamilton were disqualified from the Chinese Formula One Grand Prix after their cars failed post-race checks on Sunday.
'Shubh Aarambh': From Fazilka to Leeds, journey of passionate dad and willing son
Look at the blockbusters the actress, who turned 29 on April 5, has delivered.
Alongside the power plant, Chief Minister Banerjee also laid the foundation stone for JSW Industrial Park, which will be spread over 2,000 acres with plug-and-play infrastructure.
Tenants should primarily buy contents insurance. 'This covers personal belongings like electronics, furniture, clothes, and appliances against risks such as fire, theft, floods, and other natural calamities.
As India prepares for its upcoming five Test series against England, the selection committee faces a crucial decision regarding the team's leadership. Who should be the next India captain in red ball cricket?
Like with all great crashes, some had noticed the cracks. "... cash balances (of banks) seem, from the available indications, to be hopelessly inadequate; and it is hard to doubt that in the next bad times they will go down like ninepins. If such a catastrophe occurs, the damage inflicted on India will be far greater than the direct loss falling on the depositors," said John Maynard Keynes in his May 1913 work "Indian Currency and Finance", written before his path-breaking work in macroeconomics laid the foundation of dealing with global crises.
'There is nothing in this film that Mohanlal does not know.'
Five men have been sentenced to life imprisonment by a sessions court in Mhow, Madhya Pradesh, for looting, assaulting, abducting two Army trainee officers and their two female friends, and gangraping one of them. The incident occurred in September 2022 on the Mhow-Mandleshwar road. The sixth accused, a minor, is being tried separately in the juvenile court.
