After a dip in 2020, the number of economic offences rose 19.4 per cent to 174,013 cases in 2021, according to the Crime in India report by the National Crime Records Bureau. The data shows that there was a marginal dip in the pendency of cases in 2021 at 96.6 per cent compared with 96.8 per cent in 2020, but this was still three percentage points higher than 93.6 per cent recorded in 2019. Economic offences include all offences of criminal breach of trust, counterfeiting, forgery, cheating, and fraud.
Food delivery aggregator Swiggy's losses widened 2.24 times to Rs 3,628.9 crore during last financial year, as its expenses surged 227 per cent in a year. This is even as the decacorn's revenue jumped more than twofold to Rs 5,704.9 crore in FY22, according to details from company research platform Tofler. While the company's losses surged from a base of Rs 1,616.9 crore in FY21, its total expense in FY22 touched Rs 9,748.7 crore, from Rs 4,292.8 crore a year ago.
Continuing their downward trajectory for the third consecutive week, the country's foreign exchange reserves declined by $2.03 billion to stand at $617.648 billion in the week ended March 25, RBI data showed on Friday. In the week ended March 18, the forex kitty had declined by $2.60 billion to $619.68 billion. It had plunged by $9.65 billion to $622.27 billion in the week ended March 11.
India's head coach Rahul Dravid doesn't regret one bit playing the four-Test series against Australia on spinner-friendly tracks.
Things are looking up for engineering firms and Siemens is likely to be one of the leading beneficiaries. Apart from the generic revival in activity, which is expected to continue through the 2023-24 financial year (FY24), the Budget has a strong infrastructure thrust, which works in Siemens' favour. The company reported a standalone Ebitda (earnings before interest, tax, depreciation and amortisation) of Rs 550 crore (up 66 per cent year-on-year or YoY) in Q1FY23 (Siemens follows the October-September accounting year).
According to forecasting agencies, the city is set to record its best air quality for the day after Diwali since 2015 on Tuesday.
The seven major cities are Delhi-NCR, Mumbai Metropolitan Region (MMR), Pune, Bengaluru, Hyderabad, Chennai, and Kolkata.
The impact of the banking crisis in the US was visible in IT bellwether Tata Consultancy Services' (TCS) weak performance in the March quarter of fiscal 2023 (Q4FY23). The firm witnessed slower revenue growth in Q4FY23 and failed to meet its FY23 exit Ebit margin of 25 per cent as some clients, especially in the North American region, took to pausing projects and rising onsite costs offset utilisation gains. Sequentially, the company's revenue grew by just 0.6 per cent on a constant currency basis, which was one of the slowest paces in over 11 quarters.
The Nifty50 slipped 33 points to close the session at 8,509 after hitting an intra-day high of 8,587.
Shares of telecom services providers - Reliance Industries (parent of Reliance Jio), Bharti Airtel, and Vodafone Idea - have shed up to 23 per cent so far in the current calendar year as growth in the wireless subscriber segment begins to plateau amid higher tariffs and rising costs of smartphones. By comparison, the benchmark S&P BSE Sensex, and sectoral index BSE Telecom have dipped 1.8 per cent, and 12.6 per cent, respectively, ACE Equity data shows. However, analysts expect the trend to reverse soon as telecom services providers focus on the next leg of growth -- fixed broadband (FBB) segment.
With the support from eight political parties, 78-year-old Poudel's victory was certain. His rival Subas Chandra Nebmang had support of former prime minister KP Sharma-led CPN-UML.
'Prime Minister Narendra Modi had given a commitment to the Sikh community on the 550th birth anniversary of Guru Nanak Dev in 2019 that the sentence of all Sikh detainees serving life sentences would be commuted and that the death sentence of Bhai Rajoana would be commuted to life.'
Home Minister Amit Shah on Friday linked Congress leaders' protest in black clothes over the issues of price rise and unemployment to the party's "appeasement" politics to convey its opposition to the Ram temple foundation laying by Prime Minister Narendra Modi on this day in 2020.
Housing sales have risen 49 per cent year-on-year to 83,220 units in the July-September period across eight major cities on pent up demand, despite rise in interest rates and property prices, according to PropTiger.com. Sales stood at 55,910 units in the same quarter last year. The sales have surpassed the pre-pandemic levels of 2019's Q3 (July - September), housing brokerage firm PropTiger.com said on Thursday in its quarterly report Real Insight Residential -- July-September 2022.
The Adani stock price saga will pass into public memory as one of those matters that simply escaped being nailed down, perhaps because too many vested interests were involved, notes Debashis Basu.
Driven by strong demand, the overall passenger vehicle dispatches crossed 3.35 lakh units in February as automakers, including Maruti Suzuki India, Hyundai, Tata Motors and Mahindra & Mahindra, reported robust sales during the month. The dispatches of more than 3.35 lakh units last month marked an 11 per cent over February 2022. It was also the highest ever overall wholesales in the month of February. The country's largest carmaker Maruti Suzuki India on Wednesday said its domestic wholesales rose 11 per cent to 155,114 units in February as compared with 140,035 units in the same month last year.
The 46-year-old Brad Hodge had played 14 games for KTK, scoring 285 runs at an average of 35.63. He was bought by Kochi Tuskers for $US425,000 at the 2010 auction.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
Auto Expo 2023 may not trigger a fresh rally in automobile stocks, say analysts, as this year's edition lacks participation from major listed players. It is also owing to the focus on electric vehicles (EVs), a segment where four-wheelers have minuscule market share. "In the passenger vehicles (PV) segment, Maruti Suzuki India and Tata Motors are the only listed players.
Sources in the Delhi government said the ministry of home affairs has stopped the Kejriwal government's budget and it will not be tabled in the assembly on Tuesday.
The number of houses that have developed cracks has now risen to 826 out of which 165 are in the "unsafe zone", a bulletin from the Disaster Management Authority said.
Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable Player of IPL 2023.
India does not have the facilities needed for developing advanced aerospace products. There is only one wind tunnel in the country, the almost six decade old one in the National Aeronautics Laboratory.
'Rohit had so much talent that he would have made it anyhow, under any coach, but I am happy I was able to guide him.'
The country also reported 1,750 deaths due to extreme weather events such as floods, cyclonic storms, heavy rain, landslides, lightning, among others, during the year, it said.
The Royal Observatory Greenwich shortlisted 34 images for its Astronomy Photographer Of The Year 2023 competition from thousands of entries received from all over the world.
Cricket fraternity extends wishes on Guru Nanak Dev's 550th birth anniversary
Russian President Vladimir Putin on Wednesday monitored drills of the country's strategic nuclear forces involving multiple practice launches of ballistic and cruise missiles, the Kremlin said.
When a former police constable was appointed Gujarat unit chief, everyone was surprised. Now workers are laying bets on when he will be elevated to the Union Cabinet, notes Aditi Phadnis.
Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable Player Index of IPL 2023 after the league stage.
Retirement fund body EPFO is likely to approve this month a proposal to enhance its investments in equites to up to 20 per cent of the investible deposits from the current limit of 15 per cent. The proposal is expected to be considered and approved during the EPFO trustees' meeting scheduled to be held on July 29 and 30, according to a source. At present, EPFO can investment 5 to 15 per cent of the investible deposits in equity or equity-related schemes.
Their winning streak halted by defending champions Chennai Super Kings, Royal Challengers Bangalore will hope Harshal Patel returns to the playing eleven and contribute in bringing their campaign back on track when they face Delhi Capitals in the IPL match at the Wankhede Stadium in Mumbai on Saturday.
'The current launch is a sounding rocket, this cannot be called a milestone. The importance is this is for the first time a private player is doing it.'
Make sure that the person you are buying the plot from is the rightful owner.
The players of which country had the best IPL 2023? Srinivas Bhogle and Purnendu Maji find out.
Mumbai witnessed a sharp jump in new COVID-19 cases at 2,479 on Thursday, up by 831 from a day ago and the highest daily count since January 23, while one more patient succumbed to the infection, the city civic body said.
India's exports rose by 22.36 per cent to $33.81 billion in February on account of healthy growth in sectors like engineering, petroleum and chemicals, even as the trade deficit widened to $21.19 billion, according to preliminary data released by the commerce ministry on Wednesday. Imports during the month too jumped by about 35 per cent to $55 billion, with inbound shipments of petroleum and crude oil surging 66.56 per cent to $15 billion. The trade deficit -- the difference between imports and exports -- stood at $13.12 billion in February 2021.
The health ministry stressed that more than 70 per cent of the deaths occurred due to comorbidities.
The Kartarpur Corridor will connect the Dera Baba Nanak shrine in India's Punjab with Darbar Sahib at Kartarpur, just 4 kilometres from the International Border, located at Narowal district of Pakistan's Punjab province.
