The January-March quarter (Q4) results for 2024-25 (FY25) from the country's largest passenger vehicle (PV) maker, Maruti Suzuki India (MSIL), were a mixed bag, with revenues broadly in line but operating profit missing Street expectations. Given cost pressures, margins at the operating level were the lowest in the past seven quarters.
He also pointed out the high sums earned by the coaching centres leading to the commercialisation of education.
'The path beyond diesel is not going to be clear. It is really going to be dependent on applications.'
Whose Catch Was Better? De Kock's Or Russell's? Vote!
The trial incineration of 10 tonnes of waste from the Union Carbide plant in Bhopal, responsible for the 1984 gas tragedy, began on Friday afternoon in Pithampur, Madhya Pradesh. The process, ordered by the Madhya Pradesh High Court, is expected to take 72 hours to complete. The waste includes soil, reactor residues, pesticide residues, and other materials. The State Pollution Control Board says the chemicals in the waste have become "almost negligible" and there is no presence of methyl isocyanate gas. The incineration process is being monitored by the Pollution Control Board and broadcast live.
The first round of trial incineration of 10 tonnes of waste connected to the 1984 Bhopal Gas Tragedy has begun in Pithampur, Madhya Pradesh, amid tight security. The Supreme Court refused to intervene in the MP High Court's order directing the transfer and disposal of waste at a private company-operated plant in Pithampur. The trial incineration is being conducted in the presence of scientists from the central and state pollution control boards. Protesters have expressed apprehensions about harm to the human population and environment due to the disposal of this waste, but the state government has rejected these concerns, saying that solid arrangements are in place for safe disposal.
'It is typical of China's strategic deception of making virtue out of necessity,' observes Rup Narayan Das.
Royal Challengers Bangalore will aim to turn their fortunes around at home when they face a struggling Rajasthan Royals on Thursday in the Indian Premier League (IPL).
The situation in Muslim-dominated Murshidabad district of West Bengal, which was marred by incidents of violence following protests over the Waqf (Amendment) Act, was calm and peaceful on Wednesday with no reports of any untoward incident. Prohibitory orders were clamped in and around Raghunathganj and Suti police station areas and large police force deployed in all sensitive areas of the district, especially in and around Jangipur town, where a large number of people had assembled on Tuesday afternoon, demanding the withdrawal of the legislation. Internet connectivity remained suspended within the areas under the Jangipur sub-division to prevent the spread of any disinformation. Protestors, who had gathered in large numbers on the NH-12 in the Jangipur area to protest against the Waqf Bill, hurled stones at the police who were deployed in the area, on Tuesday afternoon. A couple of vehicles belonging to the police were allegedly torched during the protest and police had to resort to lathi-charge and use tear gas shells to bring the situation under control. A few policemen were injured in the stone pelting. Police have also detained a few people in connection with the incident. West Bengal Governor C V Ananda Bose condemned the incident and said attempts to disturb the law and order situation in the state "should be put down with an iron hand". The opposition BJP alleged that the law and order situation in the state was "crumbling" under Chief Minister Mamata Banerjee, who was busy with "minority appeasement". The Waqf (Amendment) Bill was passed by the Lok Sabha on Thursday, and by the Rajya Sabha in the early hours of Friday after marathon debates in both Houses of Parliament. The Act aims to streamline the management of Waqf properties (assets permanently donated by Muslims for religious or charitable purposes) with provisions to safeguard heritage sites and promote social welfare. It also seeks to improve governance by enhancing transparency in property management, streamlining coordination between Waqf boards and local authorities and protecting stakeholders' rights.
Novak Djokovic said the pursuit of Olympic gold left him without much in the tank for his US Open title defence.
Violence erupted in central Nagpur on Monday with stones hurled at police amid rumours that the holy book of a community was burnt during an agitation by a right-wing body for the removal of Aurangzeb's tomb, officials said.
From the Sensex pack, NTPC, Kotak Mahindra Bank, State Bank of India, Tech Mahindra, Power Grid, Bajaj Finserv, Axis Bank, HCL Tech, Reliance Industries and Bajaj Finance were the biggest gainers. Titan, IndusInd Bank, Zomato, Mahindra & Mahindra, Bharti Airtel, Nestle and Infosys were the laggards.
'The pollution has increased. We are facing breathing problems and irritation in the eyes'
Adani Group on Tuesday committed to investing Rs 2.3 lakh crore over the next five years across power, cement, industrial parks, aluminium and city gas expansion in Odisha. According to a statement by the group, the investment commitment was made during Utkarsh Odisha 2025 - the state's investor meeting.
Dividends paid by central public-sector enterprises (CPSEs) in 2024-25 are set to be the highest ever, with the government receiving 69,873 crore so far. A government official said he was hopeful the receipts would touch 70,000 crore in the last week of the financial year.
The action came after a 'jatha' of 101 farmers, who resumed their foot march to Delhi shortly after 12 noon on Saturday from the Shambhu protest site on the Punjab-Haryana border, reached the barricades put up by the Haryana security personnel.
Protests against the Waqf Act turned violent in parts of West Bengal on Friday, with demonstrators setting ablaze vehicles, disrupting traffic and rail movement, and injuring several policemen. The unrest erupted in Suti, Murshidabad district, where protesters defied prohibitory orders, hurled stones at security personnel, and torched police vans and public buses during processions. Police responded with lathi charges and tear gas, while some officers were forced to seek refuge in a nearby mosque. Similar protests were held in Malda and Kolkata, prompting Governor C V Ananda Bose to direct the state government to take swift action against those responsible. The governor also contacted Union Home Minister Amit Shah and held discussions with Chief Minister Mamata Banerjee. The Waqf (Amendment) Bill, which was recently passed by both houses of Parliament, aims to improve the management of Waqf properties, safeguarding heritage sites and promoting social welfare.
Karnataka PWD Minister Satish Jarkiholi has stated that a decision on the Social and Educational Survey report, popularly referred to as caste census, is unlikely in the near future and may take up to a year due to the complexities involved. He expressed concerns that any missteps in addressing the concerns raised by various castes over the report could cause problems for the ruling Congress party in the future. The cabinet is scheduled to take up the matter again on May 2.
Nepal police used tear gas and water cannons to disperse pro-monarchy demonstrators who torched a house and tried to break security barricades in Kathmandu. The protesters chanted slogans demanding the restoration of the monarchy in Nepal. One person was injured in the clash.
Four militants belonging to different proscribed outfits in Imphal Valley were arrested in separate operations by police. Among those arrested were Thokchom Ongbi Anita Devi, a PLA member, Moirangtham Ricky Singh of UNLF-K, Laishram Bishorjit Meitei of PREPAK, and Yumnam Premjit Meitei associated with Kangleipak Communist Party (Apunba).
Telangana Minister Uttam Kumar Reddy on Wednesday said the TBM that is struck inside will be cut into pieces by using gas cutters and removed. After this, the Army, Navy, Rat Miners and NDRF teams will make another serious effort to rescue the eight persons who are missing, without compromising their own safety.
Escalation of the conflict in West Asia between Israel and Iran has had a direct impact on the energy markets, and more broadly on the financial markets as well as the global economy.
All Sensex firms, except Power Grid, ended in the positive territory. Titan, Bajaj Finance, State Bank of India, Larsen & Toubro, Axis Bank, Bajaj Finserv, Asian Paints and Zomato were the biggest gainers.
'Geopolitical stability could remove the crude oil risk premium.'
Former King Gyanendra Shah was on Saturday issued a letter demanding fine by Kathmandu's civic body following the damage caused to public property and environment during the pro-monarchy protests in parts of the Nepalese capital a day before.
'Trump is good news for us. Energy poverty is real, and fossil fuels are the answer.'
State-owned Oil and Natural Gas Corporation (ONGC) expects a USD 10.3 billion revenue boost from increased oil and gas production, achieved through a partnership with UK's BP in the Mumbai High field.
US Vice President JD Vance called on India to drop non-tariff barriers, give greater access to its markets and buy more American energy products and military hardware. Vance, in a speech in Jaipur, highlighted the need for a stronger US-India partnership for a prosperous and peaceful 21st century. He emphasized the importance of working together to address global challenges and praised Prime Minister Narendra Modi, describing him as a "special person." Vance also urged India to provide greater market access to American products and buy more defense platforms and energy from the US. He suggested that India consider dropping some of the non-tariff barriers for American access to the Indian market and highlighted the benefits of closer India-US defense collaboration, advocating for New Delhi to procure more military hardware from the US. He cited the example of American fifth-generation F-35s, arguing they would give the Indian Air Force the ability to defend its airspace and protect its people like never before. Vance also welcomed the Modi government's budget announcement to amend India's civil nuclear liability laws, paving the way for US producers to export small modular reactors and build larger US-designed reactors in India. He emphasized the importance of energy security for India's AI ambitions, stating "there is no AI future without energy security and energy dominance." Vance's visit comes amid growing global concerns over the US's tariff war.
After HPCL, the government headhunter struggled to find a suitable candidate for the top job at Bharat Petroleum, as most applicants were narrow specialists lacking multidisciplinary experience needed to run a large organisation. The Public Enterprise Selection Board (PESB) last month interviewed a dozen candidates including BPCL director (finance) Vetsa Ramakrishna Gupta and its director (refineries) S Khanna but found none suitable for the job of chairman and managing director of Bharat Petroleum Corporation Ltd (BPCL), according to a PESB order.
A special cabinet meeting in Karnataka convened to discuss the contentious Social and Educational Survey report, popularly known as 'caste census', ended without a decision. The cabinet will reconvene on May 2 to discuss the report further and make a final decision.
The output of eight key infrastructure sectors slowed down to 4 per cent in December 2024, as against 5.1 per cent growth registered a year ago, according to official data released on Friday. On a monthly basis, the growth rate in the production of these sectors was lower than the 4.4 per cent expansion recorded in November 2024.
Protesters in West Bengal's Murshidabad district set fire to police vehicles and hurled stones during a demonstration against the Waqf (Amendment) Act. The incident occurred on Tuesday afternoon in the Jangipur area, where a large crowd had gathered demanding the withdrawal of the legislation. Police responded with lathi charges and tear gas to control the situation. Several people were detained and police personnel were injured in the stone-pelting. The West Bengal Police has said the situation is under control and strict action will be taken against those who resorted to violence.
Prime Minister Narendra Modi met United States President Donald Trump at the White House in Washington, DC on Thursday.
'As negotiations continue, the path forward demands not only diplomatic skill, but also vigilance against legal asymmetries embedded in America's trade playbook.'
'The US is strongly placed to expand its crude supplies to India.'
'Pakistan's only concern has been while they were on the FATF watch list was to distance their State institutions and organs from any direct connection with the actual execution of militancy inside Kashmir.'
BP Plc has won a bid to operate ONGC's giant Mumbai High oil and gas field by offering up to 60 per cent increase in output over baseline, the state-owned firm said on Wednesday. State-owned Oil and Natural Gas Corporation (ONGC) had in June last year floated a tender seeking foreign partners to reverse declining output at its flagship Mumbai High fields, offering a share of revenue from incremental production plus a fixed fee but not any equity stake.
From the Sensex pack, Infosys, Tech Mahindra, Nestle India, Tata Consultancy Services, HCL Technologies, Asian Paints, Axis Bank, Zomato, Hindustan Unilever, and Bharti Airtel were among the laggards. On the other hand, IndusInd Bank, Tata Motors, Kotak Mahindra Bank, Bajaj Finance, HDFC Bank, ITC, Sun Pharma, Bajaj Finserv and UltraTech Cement were the gainers.
From the 30 Sensex companies, IndusInd Bank, Zomato, Larsen & Toubro, Titan, Mahindra & Mahindra, Bajaj Finance, Reliance Industries, Kotak Mahindra Bank, Tech Mahindra and Tata Consultancy Services were among the laggards. On the other hand, Power Grid, Hindustan Unilever, Infosys, Nestle India, Asian Paints, ITC, Sun Pharmaceuticals and ICICI Bank were the gainers.
The Delhi Police has already stocked up a large number of tear gas shells and ordered 30,000 more from the BSF's Tear Smoke Unit (TSU) located at Tekanpur in Madhya Pradesh's Gwalior, an official said.
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