The defence ministry on Thursday accorded its approval to procure 30 MQ-9B Predator drones from the US to crank up the surveillance apparatus of the armed forces, especially along the frontier with China, people familiar with the development said.
'We are not entirely out of the woods.' 'The broader trajectory remains tentative.' 'However, we may expect some near-term bounce.'
Historically, March has been a volatile month for Indian equity markets. To begin with, it marks the end of a financial year, wherein there is some compulsive portfolio rebalancing trade by large funds - domestic and foreign. Retail investors, too, prefer to 'cash in' on their gains and losses before the financial year runs out.
Team-wise list of players during WPL auction
After touching a fresh all-time low against the US dollar on Thursday, the rupee jumped 27 paise to end at 68.46.
Rohit Sharma gave a huge compliment to India's spin-bowling pair of Ravichandran Ashwin and Ravindra Jadeja
Although Info Edge delivered good results in the October-December quarter of the 2022-23 financial year (Q3FY23), the management guidance flagged visible weakness in the IT segment. That seems to have spooked investors who downgraded valuations for a very highly-valued company. The stock dropped by over 9 per cent as the market responded to the guidance and its implications more than the results.
Tata Steel was the top loser in the Sensex pack, plunging over 8 per cent, followed by SBI, Dr Reddy's, Kotak Bank, Sun Pharma, Bajaj Auto and L&T. NSE Nifty declined 118.35 points or 0.71 per cent to 16,450.50.
Under the deal, reportedly worth more than $250 million, international matches and the domestic Big Bash League for men and women will be beamed to India "and other territories across Asia" from the 2023-24 season.
According to a complaint lodged by the woman's husband, Shakoor Khan broke into their home on Thursday and raped his wife when she was alone.
IMAGES from Day 2 of the WTC Final played between Australia and India at The Oval in London on Thursday.
Sri Lankan bowling great Muttiah Muralitharan says the quality and depth in Indian cricket's white ball eco-system is so good that the country has created an unimaginable talent pool in T20 format.
A list of watchable Hindi legal shows and films on OTT, in order of release.
India would be pressing for a decisive first-innings lead in the contest when play resumes on Friday.
Australian captain Steve Smith said the pitch for the fourth and final Test match at the Narendra Modi Stadium potentially looks to be the 'flattest day one track' of the series.
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).
Delhi Chief Minister Arvind Kejriwal announced that primary schools will be closed from Saturday in view of spike in pollution levels in the national capital.
'As long as Amul was coming in with products it was not a problem because it was something value added and with a shelf life.' 'When it gets into the local market by procuring locally, it cuts into the market-share of local cooperatives.'
The former Haryana chief minister also reiterated his demand for an impartial inquiry into the allegations levelled against the head of the Wrestling Federation of India.
One of the challenges for those car graves is that Indian owners often find markets for their old cars rather than send them to scrapyards.
Manchester United is no stranger to ownership tussles and the rough and tumble of financial markets.
Australia took 90 minutes to complete formalities, with Michael Neser and Mitchell Starc sharing five of the last six West Indies wicket.
'The rising cost of construction, the cost of doing business, high compliance, and inflation/interest rates going up have already reduced returns to single digits.'
The death toll in Turkey and Syria jolted by multiple earthquakes has reached more than 5,000, even as two fresh tremors hit eastern Turkey on Tuesday, reported the United States Geological Survey.
New Delhi's timing couldn't have been worse, both for India's fledgling electric vehicle (EV) sector and prospective electric bike buyers. It was hard to miss the perfect storm brewing for India's EV industry since early 2022. On one hand, you had several accidents involving battery fires that unnerved consumers; on the other, uncertainty had crept in over subsidies.
As per information available, more than 100 witnesses are yet to be examined.
According to a 2021 Redseer report, India's overseas education market is estimated to more than double to $80 billion by 2024.
Invest in quality companies that make profits, advises stock market expert and rediffGURU Samraat Jadhav.
Fuelled by the $57.8-billion merger of HDFC twins (HDFC Ltd and HDFC Bank), M&A (merger and acquisition) transactions in India touched a record high of $124.2 billion in the first half of 2022-23. Bankers said with several transactions, including the government's stake sale in IDBI Bank and Hindustan Zinc in the pipeline, the ongoing financial year will end up as the best year for M&A activity in the country. Apart from the HDFC transaction, the $6.5-billion acquisition of Holcim stake by the Adani family and L&T's $3.2-billion acquisition of Mindtree added to the record transactions in the first half of FY23.
The high court is short of 38 judges with a pendency of around 4.50 lakh cases.
Alphabet, the parent company of Google, is likely to join the list of Big Tech companies going for large-scale layoffs. With this, almost the entire universe of FAANG - acronym for Facebook, Amazon, Apple, Netflix and Google - has now come under the layoff turbulence hitting tens of thousands of tech jobs around the world. Reports surfaced on Tuesday about the Mountain View (California)-headquartered tech giant planning to fire around 10,000 employees.
'There is a conscious move by the BJP to distance itself from the current state leadership.'
The search operation is underway in nearby areas.
In all likelihood, the next conventional Chinese attack on India would be preceded by a massive cyber attack designed to cripple Indian networks and interfere with our disaster-relief programmes.
Add adventure to your winterr vacay with any of these easy, one-day Himalayan treks that you can attempt by yourself.
Bengaluru-based Prestige Estates Projects recently said it aims to double its annual residential sales bookings to Rs 25,000 crore by FY26 from its current markets and others such as Mumbai, Pune and National Capital Region (NCR). The company's chairman and managing director Irfan Razaq tells Raghavendra Kamath about his plans to achieve the target and outlook for the real estate market.
S&P BSE Midcap index and S&P BSE Smallcap were down 2% and 1.3% respectively
The overall Air Quality Index (AQI) of Delhi stood at 398 at 11 am, worsening from 357 at 4 pm on Friday. It was 354 on Thursday, 271 on Wednesday, 302 on Tuesday and 312 on Monday (Diwali).
The United States Soccer Federation temporarily displayed Iran's national flag on social media without the emblem of the Islamic Republic as a show of solidarity with protesters in Iran ahead of the two teams' World Cup clash on Tuesday.
