The ballooning of crude prices has significantly increased the country's oil import bill and it can also lead to a worsening of the current account deficit and fiscal deficit for the domestic economy.
Isha's stab at the bottom of the laptop pyramid shows she is a true Ambani.
'A feeling of dissatisfaction had begun to set in because somewhere, I had begun to think of myself as a very good actress. I believed that the flood of offers coming my way did not do justice to my talent or potential.'
A falling rupee and lower foreign buying in equities are signals investors should watch out for, says Devangshu Datta
Cirkus is boring and puerile, notes Sukanya Verma.
Earning woes drag markets lower; TCS, HUL lead fall.
Dallas is where JFK was murdered. It is also the home of the Gas Money Garage. And a city where 'big things happen'.
Equity markets maintained their winning momentum for the second day in a row on Thursday, with the Sensex surging over 874 points, propelled by index majors Reliance Industries, Infosys and HDFC twins amid a mixed trend in global markets. The BSE benchmark Sensex zoomed 874.18 points or 1.53 per cent to finish at 57,911.68. During the day, it jumped 954.03 points or 1.67 per cent to 57,991.53. The NSE Nifty rallied 256.05 points or 1.49 per cent to 17,392.60.
A plunge in fuel demand after the raging pandemic forced people to stay home and stifled the economy dealt a body blow to the firm's traditional cash cow oil refining and petrochemicals, even as consumer-facing businesses, which account for 35 per cent of the oil-to-telecom-to-retail conglomerate's revenues, continued to do well.
Slight recovery in growth is expected only in July-September.
Who is to take their place? Will a new generation of entrepreneurs start up with better business sense, or at least better luck? But the so-called unicorns are mostly copy-cat entrepreneurs whose cash flow is funded by overseas (including Chinese) money, notes T N Ninan.
Equity indices failed to hold on to their gains in see-saw trade on Tuesday, ending in the red for the third straight session despite a tentative recovery in global equities. The rupee too bounced back from historic lows, but the overall sentiment remained risk-averse amid concerns over economic recovery in a high interest rate scenario. The 30-share BSE Sensex had a choppy start but gained momentum in mid-session trade. However, it succumbed to selling pressure towards the fag end to close 105.82 points or 0.19 per cent lower at 54,364.85. On similar lines, the broader NSE Nifty declined 61.80 points or 0.38 per cent to finish at 16,240.05.
Top losers in the Sensex pack included SBI, HDFC twins, Bajaj Auto, ONGC and Tata Steel, falling up to 2.49 per cent.
Acclaimed movies, hit movies, social movies, star-studded movies, scary movies and shows galore, you certainly won't be starved for entertainment on OTT this week.
The BJP and the AIADMK are unable to sort out ideological differences, observes N Sathiya Moorthy.
The past appears to have interrupted the future of the New Delhi Railway Station (NDLS). With two protected heritage buildings sitting in the way of the plan to redevelop the railway station, officials in the know say the project may end up back on the drawing board since the National Monuments Authority (NMA), the body tasked with the protection and preservation of monuments and sites, is yet to give its approval. "A nod from NMA is awaited before going into the next phase of bids for the redevelopment of the New Delhi Railway Station," a senior official of the Ministry of Railways told Business Standard. While the Railways ministry is hopeful of getting approvals from the NMA before the end of the current financial year, there is no clarity on this yet.
Of the six-member rate-setting monetary policy committee, five members voted for a 25 bps cut while one by 40 bps, the RBI said.
Security forces continued a massive search operation on Tuesday in a forest area connecting the twin border districts of Rajouri and Poonch in Jammu and Kashmir, where five soldiers including a junior commissioned officer were killed in a gunfight the previous day, officials said.
'We are very different actors and that can be a real gift because we bring out the best in each other.'
Bollywood movies have a soft corner for Dil and Pyaar. But its Ram love is no less prolific.
The latest militant assault on the Afghan capital comes as the Taliban intensify their nationwide offensive against the US-backed government in Kabul.
Novak Djokovic handed Kei Nishikori a brutal lesson in hardcourt tennis as the Serb began his bid for a record fourth successive title at the ATP World Tour Finals with a 6-1, 6-1 win on Sunday.
He has played for 6 teams and been involved with the IPL since the inaugural season in 2008.
IndusInd Bank was the top gainer in the Sensex pack, rallying over 7 per cent, followed by SBI, ICICI Bank, HDFC twins, Axis Bank, Bajaj Finserv and UltraTech Cement. NSE Nifty soared 245.35 points to 14,923.15.
Images from the T20 World Cup Super 12 match between the Netherlands and Bangladesh in Hobart on Monday.
An emotional Frances Tiafoe promised to one day hoist the US Open trophy after his Cinderella story came to a premature end on Friday with a semi-final loss to Spanish teenager Carlos Alcaraz.
Forensic emerges as one of the dumbest movies of the year so far, complains Sukanya Verma.
It is certain that the Chinese government was 'under-prepared' as it decided to end its zero-COVID policy abruptly after people held protests across the country, The Hong Kong Post reported.
H S Prannoy went down fighting in the men's singles quarter-finals against world championships bronze medallist Chou Tien Chen of Chinese Taipei, bringing down the curtains on India's campaign at the Japan Open in Osaka on Friday.
At many places, where the voters had entered booths before 6 pm and were standing in queues, they were allowed to cast their votes.
Kotak Bank was the top loser in the Sensex pack, falling over 4 per cent, followed by IndusInd Bank, Axis Bank, ONGC, HDFC Bank, Bajaj Auto and Reliance Industries.
Bharti Airtel was the top loser in the Sensex pack, falling over 3 per cent, followed by Bajaj Finance, PowerGrid, SBI, HDFC Bank and Sun Pharma. HCL Tech was the top gainer, rallying around 10 per cent. TCS, Infosys, Tech Mahindra and Titan too ended with up to 5 per cent gains.
The Bharatiya Janata Party's action against its two members for their controversial comments against Prophet Mohammed cap a series of statements from its top brass and also Rashtriya Swayamsevak Sangh chief Mohan Bhagwat that sought to distance their organisations from shrill and combative religious rhetoric, even as it has brought to fore the conflict within their wide sphere of support.
Where Ayushmann Khurrana gets the tone and texture of his hypermasculine chump in skinny gym shorts down pat, Vaani Kapoor is a picture of backbone and restraint in a role that could not have been easy, observes Sukanya Verma.
'When I crossed that point where I had the accident, I felt light and that was a very physical experience. I felt something leave me.' Shyam G Menon chronicles the voyages of that incredible Indian sailor, Abhilash Tomy.
Sensex slumped 518 points to end the day at 25,582 and the Nifty slipped 164 points to close at 7,623.
The numbers nosedived to 2810 on July 23, a day after the Tanda army camp attack, followed by 2802 on July 24, 2516 on July 25, 2343 on July 26 and 1735 on July 27, they said.
Will the AIADMK acknowledge the role of CAA and the anti-CAA protests, both inside the state and outside, as among the causes for the current electoral reversal, as many in the party now want? It is unlikely to be so, but then the pressure will increase on the leadership to reassess the BJP alliance at one level and the 'blind support' for Prime Minister Narendra Modi's controversial policies on the other, says N Sathiya Moorthy.
