India's forex reserves jumped by $12.59 billion to a new all-time high of $704.88 billion for the week ended September 27, the Reserve Bank said on Friday. The overall kitty had swelled by $2.84 billion to $692.3 billion in the previous reporting week. The $12.588 billion would be one of the highest weekly rises ever and this is the first time the reserves have crossed the $700 billion mark.
Australia clinched a 3-0 T20I series sweep over Pakistan in Hobart, powered by a blistering unbeaten 61 off 27 balls from Marcus Stoinis on Monday.
Polling for the 90 seats of the Haryana assembly will take place on Saturday, October 5, 2024.
India's forex reserves jumped by $2.84 billion to a new all-time high of $692.3 billion for the week ended September 20, the RBI said on Friday. The overall kitty had increased by $223 million to a new high of $689.46 billion for the previous reporting week.
Top leaders of the Opposition's Maha Vikas Aghadi (MVA) alliance met in Mumbai late Tuesday night with indications that the seat-sharing arrangement for the November 20 Maharashtra assembly elections has been finalised.
After a brutal selloff since October, foreign portfolio investor (FPI) flows for the year-to-date (YTD) in 2024 have turned negative. In early September, YTD FPI investments peaked at a record Rs 22,000 crore ($2.6 billion). This wave of selling has also pulled down benchmark indices, with the Nifty's YTD returns declining to 11 per cent from their high of 21 per cent in September.
The rupee remains overvalued against the currencies of India's trading partners, even as it hit record lows against the dollar in August and September. According to the Reserve Bank of India's (RBI) real effective exchange rate (REER) index, the rupee stood at 5.5 per cent above its fair value in August, down from 7.7 per cent in July. This slight easing followed fears of a US recession and the unwinding of yen carry trades, which exerted pressure on the Indian currency.
He overtook Australian spinner Nathan Lyon to become the seventh highest wicket-taker in Test cricket.
Widespread rains lashed parts of Tamil Nadu on Thursday, prompting authorities to declare a holiday for schools in Chennai and many other districts.
Delhi's air quality improved for the second consecutive day on Thursday, with the Air Quality Index (AQI) recorded in the "moderate" category at 165. This marks a significant improvement from the "poor" category recorded on Tuesday. Several restrictions imposed under Stage 4 of the Graded Response Action Plan (GRAP) were lifted, but some restrictions under Stage 2 remain in place. The Decision Support System (DSS) has not been updated since Friday, with technical difficulties hindering the update of data for the last six days.
The Uddhav Thackeray-led Shiv Sena (UBT) has shifted its focus back to Hindutva after suffering significant losses in the recent Maharashtra assembly elections. The party has been vocal about attacks on Hindus in Bangladesh and has taken a stance to "protect" a Hanuman Temple in Mumbai. Observers say this move is an attempt to regain its core voter base and counter the BJP's narrative on Hindutva, ahead of the upcoming civic polls. Analysts believe the party's "secular" stand may not be effective in the BMC elections and that its return to Hindutva is a sign of frustration from electoral setbacks.
From the Sensex pack, Tech Mahindra, HDFC Bank, Larsen & Toubro, ITC, Infosys, IndusInd Bank, Kotak Mahindra Bank, Titan and HCL Technologies were among the gainers. Maruti Suzuki India, Tata Steel, Bajaj Finance, UltraTech Cement, Nestle India, Axis Bank and Tata Consultancy Services (TCS) were among the laggards.
Shaheen and fellow quick Naseem Shah led the way, picking up three wickets apiece during a showcase of swing and pace, which accounted for Jake Fraser-McGurk (seven) and Aaron Hardie (12) in the first powerplay.
Mumbai, infamous for its voter apathy, stepped out to exercise its franchise on Wednesday.
'What solution can Gambhir or Nayar possibly give, apart from telling him to not play those deliveries?'
Women-centric schemes could have proved a game-changer in both Maharashtra and Jharkhand, as both states witnessed a surge in women voters in the recently held assembly polls as well as return of the ruling alliances with a thumping majority.
Honda Motorcycle and Scooter India (HMSI) on Wednesday forayed into the fast-growing domestic electric mobility market with the introduction of e-scooters, ACTIVA e: and QC1, with swappable and fixed batteries. With this, the Japanese two-wheeler maker will now be competing with other legacy players such as Bajaj Auto, Hero MotoCorp, TVS Group as well as pure EV players like Ather and Ola, who already have a good presence in the segment, which is growing at 34 per cent year-on-year.
Power supply was yet to be restored in around 50,000 households in cyclone-hit areas in Kendrapara, Bhadrak and Balasore districts, Odisha Chief Minister Mohan Charan Majhi has said.
Ashwin's age is certainly a factor that is being kept in consideration.
2024 saw some of the most competitive and captivating cricket being played on the field.
The Hyderabad-based franchise has retained Klaasen for a whopping amount of Rs. 23 crores. Skipper Cummins was roped in for an amount of Rs. 18 crores. Openers Abhishek and Travis were retained for Rs. 14 crores each. Meanwhile, Nitish Reddy was retained by SRH for Rs. 6 crores.
Reliance Industries Limited (RIL), Viacom18 Media (Viacom18), and The Walt Disney Company announced on Thursday that they have completed the merger of Viacom18's media and JioCinema businesses into Star India (SIPL), creating a mega joint venture valued at Rs 70,352 crore. The new entity will be guided by three chief executive officers (CEOs), "who will lead the company into a new era of ambition and disruption", according to a joint statement. Kevin Vaz will lead the entertainment division across all platforms, Kiran Mani will head the combined digital division, and Sanjog Gupta will oversee the sports operations.
Jasprit Bumrah emerged as the lone bright spot with a record haul of 32 wickets.
A round-up of the Ranji Trophy matches played on Friday.
India's historic streak of home Test series victories has come to an end as New Zealand secured a remarkable 2-1 series win during their tour in 2024.
Schemes like the Mukhyamantri Majhi Ladki Bahin Yojana strain fiscal resources amid rising unemployment and prices of food items.
The Maharashtra Assembly elections witnessed the continued influence of political dynasties, with prominent families retaining their strongholds across the state. The Thackareys and the Ranes emerged as dominant forces, securing victories in various regions. The Rane brothers, Nilesh and Nitesh, won in Sindhudurg, while Uday and Kiran Samant secured victories in Ratnagiri. In Mumbai, Aaditya Thackeray retained his Worli seat, while his cousin Varun Sardesai won in Vandre East. The results underscore the enduring power of family connections in Indian politics.
A round-up of Saturday's action in the English Premier League.
A voter turnout of 69.69 percent was recorded in the third and final phase of voting Tuesday in the assembly elections in Jammu and Kashmir, the Election Commission said.
'Either you're injured, and you don't play with your club and you're not called up in the national team.'
Dinamo Zagreb and Celtic played out a lifeless 0-0 draw in the Champions League on Tuesday, with Celtic keeper Kasper Schmeichel producing the match's memorable moment with a late save.
The Reserve Bank of India (RBI) was a net seller of the US dollar in August, reversing its net buying position from July. During the current financial year up to August, the central bank had sold a net $1.11 billion. The RBI sold a net total of $6.49 billion worth of the foreign currency in August, according to the central bank's monthly bulletin.
Shares of Hyundai Motor India Ltd, the Indian arm of South Korean automaker Hyundai, on Tuesday made a muted market debut and further fell by nearly 6 per cent against the issue price of Rs 1,960. The stock listed at Rs 1,931, reflecting a decline of 1.47 per cent from the issue price on the BSE. Later, the stock made some recovery and hit a high of Rs 1,968.80, up 0.44 per cent.
Ashwin's legacy, marked by his intellect and dominance on the field, will resonate for years to come.
India has recorded the second-highest increase in domestic airfares in the Asia-Pacific (APAC) and West Asian regions, climbing by 43 per cent in the first half of 2024 compared to pre-pandemic levels in 2019, second only to Vietnam (63 per cent). India ranks third in fare increases during the same period in international skies, behind the United Arab Emirates (UAE) and Malaysia. The airfare study conducted by Airports Council International (ACI), which represents 617 airports in this region, was done in partnership with Flare Aviation Consulting.
A superb maiden ODI century by new captain Harry Brook led England to a dominant, rain-shortened DLS victory over Australia on Tuesday to keep the five-match series alive with two to play.
The Maharashtra Assembly elections are set to be a defining moment for several regional heavyweights, including Sharad Pawar, Chief Minister Eknath Shinde, his predecessor Uddhav Thackeray, and deputy CM Ajit Pawar. The two Pawars, Shinde, and Thackeray are engaged in a fierce battle for political dominance, with the outcome potentially deciding the fate of their respective parties. The BJP is contesting 149 seats, Shiv Sena 81 seats, and the Ajit Pawar-led NCP has fielded candidates in 59 constituencies. In the opposition alliance, the Congress has fielded 101 candidates, Shiv Sena (UBT) 95, and the NCP (SP) 86. The election is also marked by intense factional fights, with the two claimants of Shiv Sena's legacy competing in over 50 seats and the two Pawars facing each other in nearly 37 constituencies.
The escalation in the diplomatic row between India and Canada will not have an impact on the bilateral trade and investment ties between the two countries, government sources said on Tuesday. They also said that the bilateral trade value is not significant and Canadian funds can route their investments through Singapore, the UAE and the US. "India is a preferred investment destination," they said.
Automobile exports from India in the first six months of the current fiscal year rose 14 per cent year-on-year, led by gains in shipments of passenger vehicles and two-wheelers. According to Siam data, the overall exports in the April-September period stood at 25,28,248 units, up 14 per cent as compared with 22,11,457 units in the year-ago period. "Key markets like Latin America and Africa, which had slowed down for various reasons, have bounced back.
Once rated as one of the top batters of this generation, Virat Kohli's stock has fallen quite rapidly in Tests in recent years.
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