Currently, the hockey players draw salaries from the departments and organisations that they are employed with even though a proposal to have a graded contract system by Hockey India has been in the deliberation stage for past few years.
The sale of equity in the eight franchises of The Hundred is expected to raise approximately 520 million pounds, a part of which would be shared with the county clubs.
Valuations at current levels have historically corresponded single-digit returns.
Fintech firm One97 Communications, which owns the Paytm brand, on Wednesday said its loss in the fourth quarter of the financial year 2023-24 has widened to Rs 550 crore following the ban imposed by the RBI on transactions related to its payments bank. The company had posted a loss of Rs 167.5 crore in the same period a year ago, the company said in a regulatory filing. "Our fourth quarter FY24 results were impacted by temporary disruption on account of UPI transition etc. and permanent disruption because of the PPBL embargo.
A team of US officials is expected to visit India in the coming weeks for the next round of discussions on the proposed interim trade agreement between the two countries, sources said. The visit gains importance as India and the US are likely to agree on an interim trade agreement before July 9, with New Delhi pushing for full exemption from the 26 per cent reciprocal tariff on domestic goods.
UPI has catapulted India into the forefront on the global digital payments landscape. Working hand in hand, the AePS payments system is making life easy for rural folks, notes Tamal Bandyopadhyay.
Celebrating the 26th foundation day of the party, the Ajit Pawar-led Nationalist Congress Party on Tuesday said there was no proposal of reunion with the rival faction, while Nationalist Congress Party-Sharadchandra Pawar MP Supriya Sule too avoided making any statement despite the recent buzz over the issue.
'If you align your ambition with India's rise, the peak of your careers will unfold alongside the peak of India's power.'
64 years after the Panshet Dam burst claimed 1,000 lives, the tragedy stands as both a haunting memory and a vital lesson in engineering caution.
Former England opener Mark Butcher feels the Indian Test captain has taken ownership of Virat Kohli's No 4 spot quite comfortably despite the 'enormous scrutiny'.
The Securities and Exchange Board of India (Sebi) on Monday proposed expanding the scope of regulations prohibiting insider trading to a wider group of people, including those connected to the officials in access to price-sensitive information. The market regulator has suggested changes in the definition of "connected persons" and "relative" to address any gaps in the norms and possible violations.
India's exports registered a steepest decline in 13-month falling 9.3 per cent in August to $34.71 billion due to global economic uncertainties, while the trade deficit soared to a 10-month of $29.65 billion. According to the government data released on Tuesday, imports increased by 3.3 per cent to $64.36 billion, which is a record high, due to a significant jump in the inbound shipments of gold and silver.
Senior Congress leader Shashi Tharoor on Tuesday said his article on Operation Sindoor's global outreach was not a sign of his 'leaping to join' Prime Minister Narendra Modi's party but a statement of national unity, interest and standing up for India.
Prime Minister Narendra Modi's energy, dynamism and willingness to engage remains a 'prime asset' for India on the global stage but deserves greater backing, Congress MP Shashi Tharoor said on Monday, in remarks that are likely to irk his party and widen the growing cracks in his ties with its leadership.
Sekhar Roy was summoned by the police in connection with a social media post he made over the alleged rape and murder of a doctor at RG Kar Medical College and Hospital.
Empuraan, with its gimmicky violence and vigilante posturing, is not out to widen your perspective or open up history. All it wants to do is pick your pockets, observes Sreehari Nair.
With this decision, the government headed by Prime Minister Narendra Modi has sought to draw a red line against terror incidents and makes clear that it will follow a similar military response as it has after the Pahalgam incident if terrorists linked to Pakistan target India again.
Sinha said the inauguration of the Kashmir rail service has connected the hearts of the people of Jammu and Kashmir with the rest of the country and will pave the way for the economic prosperity of the region.
Despite the alarming figures on job displacement, AI is expected to generate millions of new roles, echoing historical trends of technological transformation.
Pakistan is holding a high-level security meeting to formulate a response to India's suspension of the Indus Water Treaty and downgrading of diplomatic ties. The meeting, convened by Prime Minister Shehbaz Sharif, will include the National Security Committee, three services chiefs, and key ministers. The move comes after India blamed Pakistan for a terror attack in Pahalgam, which Pakistan has denied. Diplomatic observers warn that the escalation could further strain relations between the two countries.
"Multi-hyphenation is the future. Everybody should do everything. After all, we have one life," says Chef Ranveer Brar.
A team of senior officials from India will again visit Washington this month to hold discussions with their US counterparts on the proposed bilateral trade agreement (BTA), government sources said on Thursday. To give impetus to the talks, India's chief negotiator Rajesh Agrawal, special secretary in the Department of Commerce, and Assistant US Trade Representative for South and Central Asia Brendan Lynch had last month held three-day talks in Washington.
'Such things happen, and not everything deserves a reaction. I played and played well and that's what matters.'
'The monkey is off his back and he is now free to push his limits'.
Handbags, wrist watches, footwear and sportswear, priced above Rs 10 lakh will now attract 1 per cent Tax Collected at Source (TCS), as per a notification issued by the Income Tax department. TCS at 1 per cent rate is currently being levied on motor vehicles costing above Rs 10 lakh effective January 1, 2025.
The Indian government has assured citizens that the country has ample food stocks to meet domestic demand, despite escalating tensions with Pakistan. The government has also warned traders against hoarding essential food items and creating artificial shortages, emphasizing that there is no need for panic buying. The food ministry detailed the country's current stock levels, showcasing a surplus over required buffer norms for rice, wheat, and pulses. Additionally, India holds substantial edible oil and sugar stocks, ensuring a strong food security position.
India's military expenditure in 2024 was nearly nine times that of Pakistan's, according to a study released by the Stockholm International Peace Research Institute (SIPRI). India's spending reached USD 86.1 billion, while Pakistan spent USD 10.2 billion. China's military spending continued to rise, reaching USD 314 billion, accounting for 50% of all spending in Asia and Oceania.
Indian and US officials will begin deliberations on the proposed bilateral trade agreement in Washington from Wednesday with an aim to iron out issues and give an impetus to the negotiations.
Banks have outperformed the broader market in the past six months and most of the leading lenders have given positive returns to investors compared to a negative return delivered by benchmark indices.
India's major imports from the US include crude oil and petroleum products, gold and jewellery, plastics, aircraft, and electrical machinery and components. The key exports to the US comprise pharmaceuticals and biologicals, telecom equipment, precious and semi-precious stones, petroleum products, gold and precious metal jewellery, and ready-made garments.
Companies may foot less of the tax bill for some time yet. The corporate share of net direct tax collections has been lower in 2024-25 than in previous years. The corporate segment accounted for 45.6 per cent of total net direct tax collections as of March 16, compared to 48.1 per cent on the same date in 2023-24 (FY24).
The International Monetary Fund (IMF) has slapped 11 new conditions on Pakistan for the release of the next tranche of its bailout programme and warned that tensions with India could heighten risks to the scheme's fiscal, external, and reform goals, according to a media report on Sunday.
'China has thus far been cautious, emphasising its focus on development rather than weaponising water resources.'
Wouldn't it be better to reach 45 with a backup engine of passive income that helps you glide through these years instead of grinding, asks Ramalingam Kalirajan
Gulveer Singh clocked 28 minute 38.63 seconds to win the gold to claim the gold medal in the men's 10,000m race at the Asian Athletics Championships.
The political and ideological differences between the Congress and Shashi Tharoor is no longer a matter of whispers.
The country's exports rose by 23.69 per cent to $34.06 billion in January on healthy performance by engineering, petroleum and gems and jewellery segments even as trade deficit widened to $17.94 billion during the month, according to provisional data of the commerce ministry. Imports in January grew by 23.74 per cent to $52.01 billion, the data, released on Tuesday, showed. Trade deficit widened to $17.94 billion during the month as against $14.49 billion in the same month last year.
India's exports grew marginally by 0.7 per cent to $41.97 billion in March, while the trade deficit stood at $21.54 billion in the month, the latest government data showed on Tuesday.
Lee Jae-myung's decisive victory in South Korea's snap presidential election marks a major political shift driven by public backlash against authoritarian, with significant implications for domestic reform and the future of the US-South Korea alliance, observes Dr Rajaram Panda.
One97 Communications Ltd (OCL), the company that operates the Paytm brand, posted a consolidated loss of Rs 539.8 crore in the fourth quarter of 2024-25 (Q4FY25), slightly lower from the Rs 549.6 crore it reported in Q4FY24. Sequentially, the fintech company's loss widened from Rs 208.3 crore in Q3FY25 on account of a one-time exceptional expense amounting to Rs 522 crore during the quarter ended March 2025.
