From the Sensex pack, Bajaj Finance, Bajaj Finserv, Reliance Industries, Wipro, HDFC Bank, HDFC, ICICI Bank and Tata Steel were the major laggards. ITC was the lone winner in the Sensex pack.
'When my father travelled 5,000 miles to build a new home in Ireland, I doubt he ever dreamed that his son would one day grow up to become its leader.' Vaihayasi Pande Daniel/Rediff.com profiles Dr Leo Varadkar who will step down as Ireland's taoiseach (prime minister) next week.
India saw a single day rise of 2,628 new coronavirus infections, taking the infection tally to 4,31,44,820, while the active cases have increased to 15,414, according to the Union health ministry data updated on Thursday.
There are communal organisations among all religious groups, but the ultimate goal of religions and such outfits is different, Geevarghese Mar Yulios, the metropolitan of the Kunnamkulam Diocese of the Malankara Orthodox Syrian Church, told reporters in Thrissur.
Bank of Baroda (BoB) has made prudential provision of Rs 500 crore for exposure to Go First, which has sought bankruptcy protection after the National Company Law Tribunal (NCLT) admitted its plea for voluntary insolvency. Sanjiv Chadha, managing director and chief executive officer of BoB, said the bank identifies issues in advance and makes provisions if required. The Mumbai-based public sector lender has an exposure of Rs 1,300 crore to the troubled airline.
The magistrate court has remanded the accused Pakistani national Subair, who was arrested by the Narcotics Control Bureau to 14 days of judicial custody.
The Reserve Bank is likely to maintain status-quo on the key interest rates for the third time in a row in its upcoming bi-monthly policy review despite the US Federal Reserve and the European Central Bank hiking benchmark rates, as domestic inflation is within the RBI's comfort zone, say experts. The borrowing cost which started rising in May last year has stabilised with RBI keeping the repo rate unchanged at 6.5 per cent since February when it was raised from 6.25 per cent. In the previous two bi-monthly policy reviews in April and June the benchmark rate was retained.
The 30-share BSE gauge climbed 465.14 points or 0.80 per cent to finish at 58,853.07. During the day, it jumped 546.97 points or 0.93 per cent to 58,934.90.
Banks enjoyed an expansion in Net Interest Margins (or NIMs) as well as in credit demand through the 2022-23 financial year (FY23). The credit expansion was because economic growth continued to recover from the Covid-19 years, and indeed, second half GDP growth surprised on the upside. The NIM expansion was because banks raised lending rates immediately (in many cases automatically due to floaters) as the Reserve Bank of India (RBI) hiked policy rates, and only started raising deposit rates late into the fiscal.
The active cases have increased to 21,87,205, while the death toll has climbed to 4,89,409 with 525 fresh fatalities, the data updated at 8 am stated.
Foreign investment in India's start-ups has plummeted 72 per cent to $4.58 billion so far, from $16.2 billion during the same period last year.
Clicking pictures under the streetlight or during the day is pure joy with the OnePlus 11, says Ashish Narsale.
Given wild swings, investors are wondering where the metal market is going. There was a strong uptrend in industrial metal through much of the last three years due to fears of supply chain issues - first due to Covid-19 and then due to the Ukraine War. That uptrend broke down as it became apparent that global growth would moderate as inflation rose and Western Europe (the EU plus the UK) went into a near-recession and China was in a rolling lockdown.
The only sour note in Mumbai's superior display was Sachin Tendulkar's failure in both the innings. The star batsman, who scored a duck in the first innings and was battling a viral fever, batted at number seven in the second essay only to score four runs and fall to Piyush Chawla.
The Reserve Bank of India's rate-setting panel will go for a 0.35 per cent hike in the key repo rate at its meeting next week, an American brokerage said on Wednesday. The hike will be accompanied by a change in the policy stance to "calibrated tightening", Bofa Securities said in a report published ahead of the Monetary Policy Committee (MPC) resolution which is set to be announced on August 5. RBI has hiked the rate by a cumulative 0.90 per cent in two tightening moves in May and June, responding to the runaway headline inflation which has consistently overshot the upper end of the target set for the central bank for many months.
'She is BACK on sets where she belongs. She is ready to fly.'
National Aeronautics and Space Administration's (NASA's) Double Asteroid Redirection Test (DART) -- the world's first planetary defence technology demonstration -- successfully impacted its asteroid target on Monday, the agency's first attempt to move an asteroid in space.
Bank of Baroda Q4 results: Key brokerages have raised their target prices on Bank of Baroda after the state-owned lender posted better-than-expected March quarter (Q4FY23) results. Analysts now see up to 29 per cent upside in the stock from a one-year perspective as they believe BoB is well-placed among the large public banks with nearly all key business metrics moving closer to the top-tier banks. Valuations, too, remain attractive despite steady strong quarterly performances.
Drishyam 2 scored huge in the first two weeks and then in the third weekend, it has added around Rs 25 crore more.
Besides Knight and Ecclestone, Sophia Dunkley and Danni Wyatt are the other English cricketers who have signed up for the competition.
Housing sales hit an all-time high this year to nearly 3.65 lakh units across seven major cities, beating the previous high of 2014, on strong demand for residential properties despite a hike in mortgage rates, according to Anarock. The prices of residential properties have risen in the range of 4-7 per cent primarily due to an increase in the input costs and demand comeback post-COVID, it said. Releasing the demand-supply data of India's top residential primary (fresh sale) markets, property consultant Anarock said that the housing sales rose 54 per cent this year to 364,900 units as against 236,500 units in 2021 across the seven cities -- Delhi-NCR, Mumbai Metropolitan Region (MMR), Chennai, Kolkata, Bengaluru, Hyderabad and Pune.
The 2nd and final day of the IPL mega auction was just as dramatic if not more than Day 1 with Punjab Kings and Mumbai Indians getting in the thick of the action.
The active cases now constitute 0.15 per cent of the total infections.
New Zealand have a team capable of winning the T20 World Cup.
Lower crude oil prices and a rally in domestic equities restricted the losses to some extent, forex dealers said. At the interbank foreign exchange market, the domestic currency opened weak at 79.50 per dollar.
The daily rise in coronavirus cases in India remained below the 3 lakh-mark for the sixth consecutive day, with 2.57 lakh new cases recorded in a single day, the Union health ministry said on Saturday.
An increase of 3,482 cases has been recorded in the active COVID-19 caseload in a span of 24 hours.
Gold reserves were up by $1.525 billion in the reporting week to $37.625 billion.
Going against the assurances given to the Kerala high court, the protesters agitating in front of the under-construction Vizhinjam seaport had on Saturday blocked the trucks carrying construction materials to the site.
A special court in Mumbai on Saturday remanded ICICI Bank's former CEO and MD Chanda Kochhar and her husband Deepak Kochhar in the custody of the Central Bureau of Investigation (CBI) till December 26 in connection with alleged cheating and irregularities in loans sanctioned by the bank to Videocon Group companies. The Kochhars were arrested by the probe agency on Friday night after a brief questioning session. The CBI has alleged that they were evasive in their response and did not cooperate in the investigation.
A look at the top 10 purchases at the IPL auction.
Defence Minister Rajnath Singh on Monday said swift and transparent decision-making and availability of optimal resources were needed for a country's combat readiness.
The defence budget was increased to Rs 5.94 lakh crore for 2023-24, up from last year's allocation of Rs 5.25 lakh crore.
An increase of 4,578 cases has been recorded in the active COVID-19 caseload in a span of 24 hours.
The death toll due to the disease has climbed to 5,24,792 with 15 fatalities being reported in a span of 24 hours.
Tata Steel was the top gainer in the Sensex pack, jumping around 4 per cent, followed by NTPC, PowerGrid, Reliance Industries and Bajaj Finserv.
Boglarka Kapas is among nine swimmers on the Hungarian national team to have tested positive for coronavirus, the country's swimming association said in a statement
The ruling Dravida Munnetra Kazhagam (DMK) has submitted before the Supreme Court that it is discriminatory to exclude Tamil refugees from the purview of the Citizenship (Amendment) Act, 2019 and prayed that the legislation be declared null and void as it is unconstitutional and "destroys the basic fabric of secularism."
DC has talented India bowlers like Mandeep Singh, Khaleel Ahmed, and Chetan Sakariya
India's plan to produce ethanol from second-generation (2G) sources -- mainly farm waste -- is taking time to materialise even as the government is set to dedicate to the nation on Wednesday a Rs 900-crore plant set up by Indian Oil Corporation (IOC) in Panipat. Though state-run oil companies had decided to set up at least 12 plants in 2016-17 with an investment of around Rs 10,000 crore, this will be the first unit coming on track while others are stuck in various stages owing to issues like capital expenditure, lack of feedstock, and high rates of finished products compared to traditional ethanol units. According to industry sources, three more second-generation plants are coming up.
