A career-best unbeaten 92 from new captain Mitch Marsh propelled Australia to a comprehensive 111-run victory over hosts South Africa in the first Twenty20 International in Durban on Wednesday.
The death toll has increased to 5,31,369 with 24 deaths, which includes nine reconciled by Kerala, the data updated at 8 am stated.
Nirma has roped in BCG and KPMG to advise it on the fundraising options for the acquisition. The company had earlier informed banks that it would raise Rs 5,000 crore to Rs 7,000 crore in the current financial year for the acquisition. Bankers said the company will rely on its funds and future GLS dividend to repay its debt for acquisition.
The SBI report, however, said the economic growth rate will pick up pace in 2020-21 to 6.2 per cent.
One of the major contributors for the decline in growth will be the monsoon deficiency, which also affects non- agricultural sectors through demand effects, RBI report said.
Moody's Investors Service on Wednesday raised India's economic growth estimate for 2023 to 5.5 per cent from 4.8 per cent pegged earlier, on the back of a sharp increase in capital expenditure in the Budget and a resilient economic momentum. It however revised downwards India's growth estimate for 2022 to 6.8 per cent from 7 per cent pegged in November last year. In its February update to Global Macro Outlook 2023-24, Moody's raised the baseline 2023 real growth projections "meaningfully" for several G20 economies, including the US, Canada, the Euro area, India, Russia, Mexico, and Turkiye, accounting for a stronger end to 2022.
A spirited Afghanistan upset Sri Lanka by seven wickets to continue their memorable campaign at World Cup 2023.
India has recorded 9,111 new coronavirus infections, while active cases have increased to 60,313, according to the Union health ministry data updated on Monday.
The daily positivity was recorded at 2.61 per cent while the weekly positivity was pegged at 1.91 per cent.
The government's ambitious vision document that aims at achieving electronics manufacturing with a value of $300 billion by FY26 (including exports of $105-130 billion) could end up far lower than the target, according to a reality check this month. The reality check came from the Indian Cellular and Electronics Association (ICEA), which partnered with the government in preparing the document. The members of the ICEA are mobile and electronics companies, and its assessment, based on current trends, indicates that the total electronics production in FY26 will be around $225 billion.
India logged 157 new coronavirus infections, while the active cases increased to 1,862, according to the Union health ministry data updated on Friday.
The daily positivity rate was recorded at 6.91 per cent while the weekly positivity rate was pegged at 3.67 per cent.
The total number of unique investors directly investing in the stock market has surged to 80 million for the first time, with the latest 10 million additions taking place in just eight months, according to data shared by the National Stock Exchange (NSE), the country's largest bourse. "The 80 million unique PAN (permanent account number) investors correspond approximately to around 50 million unique households in India amounting to around 17 per cent households directly investing in the Indian stock market via NSE's extensive nationwide network of trading members," said the exchange. In 2021, the number of domestic households were pegged at 300 million.
The world has recognised India as a bright star as the country is recording healthy economic growth despite global uncertainties, finance minister Nirmala Sitharaman said on Wednesday. India's growth at 7 per cent in the current fiscal is the highest among major economies and the Indian economy is on the right track, she said in her Budget speech.
The major highlights from the deadline day as teams announced their retention list for IPL 2024.
To understand Modi, listen to what he does not say -- vide NRC, suggests Prem Panicker.
Fund managers of large-cap and equity-linked saving schemes (ELSS) have demonstrated a marked improvement in their performance over the past year, according to the latest SPIVA (S&P Indices Versus Active) report released by S&P Dow Jones Indices. In the one-year period ending June 2023, 17 per cent of active large-cap schemes outperformed the S&P BSE 100, compared to just 9 per cent at the end of June 2022. In the case of ELSS, there was a sharp improvement in performance, with 66 per cent of active schemes delivering better returns than the benchmark S&P BSE 200.
Jia Min was happy to execute her plan but acknowledged that her opponent was not at her best shape.
India failed miserably in all departments of the game as they suffered a comprehensive 38-run defeat against England in the first T20I of the three match series in Mumbai on Wednesday.
A total of 2,208 cases were recorded on October 28 last year.
The country's real GDP growth in the first quarter will be better than the Reserve Bank's estimate of 8 per cent, economists said on Tuesday. Economists at the country's largest lender SBI pegged the growth at 8.3 per cent while domestic rating agency Icra estimated it to come even higher at 8.5 per cent. The Reserve Bank of India (RBI), which expects the GDP to grow at 6.5 per cent in FY24, has estimated a growth of 8 per cent in the April-June period.
India logged 1,890 new coronavirus cases, the highest in 149 days, while the active cases increased to 9,433, according to the Union health ministry data updated on Sunday.
Rise in input costs, inventory write-off, and pricing pressures led to a drop in gross margins. Higher competitive pressures led to cuts in operating profit margins and earnings estimates for FY24 and FY25. Most brokerages have a 'neutral' or a 'reduce' rating on the stock on account of valuations.
The death toll due to the viral disease has gone up to 5,30,824 with six more fatalities -- three reported from Maharashtra and one each recorded in Karnataka, Rajasthan and Uttarakhand, according to the ministry's data updated at 8 am.
India logged 1,300 new coronavirus cases, the highest in 140 days, while the active cases have increased to 7,605, according to the Union health ministry data updated on Thursday.
But Indians work less than smaller countries with small populations like Bhutan, the Congo, Lesotho and Gambia.
India launched their home World Cup campaign with a six-wicket victory over Australia after Virat Kohli and KL Rahul guided them through a jittery run chase on Sunday.
Ben Duckett's hundred overshadowed Ravichandran Ashwin's monumental feat as England stormed to 207/2 at stumps on Day 2.
The death toll rose by three to 5,30,753 with Uttar Pradesh reporting two fatalities and West Bengal recording one, the data updated at 8 am stated.
The general elections in April/May 2024 are expected to add volatility to the Indian markets, keeping investors on their toes.
Canada has evacuated a majority of its diplomats working in India outside of New Delhi to either Kuala Lumpur or Singapore after it gave Ottawa an October 10 deadline to reduce its diplomatic staff to achieve parity in strength following a row over the killing of Hardeep Singh Nijjar, according to a media report on Friday.
On food inflation, RBI said it is likely to soften from the high levels registered in December and the decline is expected to become more pronounced during the fourth quarter of this fiscal as onion prices ease following arrivals of late kharif and rabi harvests.
The toll has climbed to 5,31,091 with 27 deaths recorded in the last 24 hours.
Fraudsters in Himachal Pradesh minted a series of a cryptocoins -- two of which were KRO and DGT -- to cheat thousands of investors of more than Rs 200 crore over a period of five years, beginning in 2018 -- the year the crypto reached fever pitch.
A total of 3,375 cases were recorded on October 2 last year.
While three deaths each were reported from Delhi and Rajasthan, two each were from Chhattisgarh and Punjab and one each from Himachal Pradesh, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Odisha, Puducherry, Tamil Nadu, Uttarakhand and Uttar Pradesh besides nine reconciled by Kerala, the data updated at 8 am stated.
The pre-Budget Survey said for wealth to be distributed, it first has to be created and called for looking at wealth creators with respect. The Survey said government interventions seem to be ineffective in stabilising prices of commodities such as onions.
Images from the 3rd ODI between India Women and Australia Women at the Wankhede Stadium in Mumbai.
The initial public offering of the country's largest insurer LIC will open on May 4 and close on May 9, sources said. The IPO, through which the government will sell 3.5 per cent stake in state-owned Life Insurance Corporation (LIC), will fetch Rs 21,000 crore to the exchequer. The IPO values LIC at Rs 6 lakh crore.
The 28-year-old has had to deal with his share of injuries since making his international debut back in 2017.
