Technology giant Apple Inc has pushed the pedal on exporting iPhones from India by racking up exports valued at over $2 billion in the first two months of the current financial year (FY25), according to the data provided by vendors to the government. This accounts for 81 per cent of the country's total production of iPhones worth $2.6 billion. In May, Apple repeated its performance of April and once again crossed $1 billion of iPhone exports.
Glimpses of the tragic aftermath following last Friday's triple train collision in Odisha's Balasore district.
Raising toast to 25 successful years, India's largest wine maker Sula Vineyard is eyeing a sustained double-digit growth in revenue over the next five years, buoyed by growth in the premium and elite categories and expansion of its new ranges. It was during Covid that the vineyards shifted focus to its own brands and pivoted towards growing the premium and elite segment of the market.
An average Indian couple spends around 2x on weddings versus education (pre-primary to graduation).
The Securities and Exchange Board of India (Sebi) has proposed stricter eligibility criteria for adding and retaining stocks in the futures and options (F&O) segment, which accounts for the bulk of the trading volumes. The proposal-which comes six years after the securities regulator last revised the stock selection framework---is much awaited by the market players as the derivatives stock list has largely remained stagnant for the last two years.
Sebi's mandate restraining mutual funds, stock brokers, and other intermediaries from associating with finfluencers who do not come under the Sebi ambit will impact the earnings of finfluencers through sponsorships, tie-ups, or referral links, as these may dry up due to the restrictions.
Gambhir was left visibly moved as Dravid reflected on his successful tenure and offered words of wisdom for the new role.
US short seller Hindenburg Research, which had rocked the Adani Group with allegations of stock market manipulation and accounting fraud, on Tuesday said it has received a show cause notice from Indian capital market regulator Sebi over alleged violations in placing bets on the conglomerate stocks. Hindenburg termed the show cause notice as "nonsense" and "concocted to serve a pre-ordained purpose: an attempt to silence and intimidate those who expose corruption and fraud perpetrated by the most powerful individuals in India."
Mohammed Shami and Mohammed Siraj sent Sri Lanka crashing for 55 as India scored a thumping 302-run victory to qualify for semis.
India's newly-forged coach-captain combination of Gautam Gambhir and Suryakumar Yadav will look to make instant impact against a Sri Lankan team in disarray.
IMAGES from the World Cup match between India and Sri Lanka played at the Wankhede stadium in Mumbai on Thursday
I am happy I didn't knock anyone down, driving recklessly or trying to show off. However, in one instance of road rage (the consequence of arguing with a driver who disrespected my right to cross the road peacefully) I did find a man in a SUV taking his anger out on me by driving his vehicle over my feet, recalls Shyam G Menon.
Jasprit Bumrah led the Indian attack from the front in the second Test against England. Following a sizzling six-wicket haul in the first innings, Bumrah returned to pick up three to guide India to a series-levelling win.
The market regulator's newly proposed selection criteria for the over Rs 400-trillion-a-day futures and options (F&O) market could pave the way for the entry of popular stocks such as Life Insurance Corporation (LIC) of India, Jio Financial Services, Zomato, Paytm, DMart, and Adani Energy into the derivatives segment. The Indian derivatives market, which accounts for most of the trading volumes, could see big churn with over two dozen exits from the current list of 182 stocks due to an upward revision in the eligibility thresholds.
'I humbly request the government to create safe spaces for ALL women, the strictest of punishment and the swiftest justice.'
Australia's chairman of selectors George Bailey has defended the omission of explosive batter Jake Fraser-McGurk from their T20 World Cup squad, saying he is an exciting option going forward but their top-three, including David Warner, have been doing well.
The Shankarrao Chavan Government Medical College and Hospital in Nanded, Maharashtra, is where 31 patients died in 48 hours this week.
Describing their situation akin to "bonded labour", two Air India pilot unions extended their support to Vistara pilots on Thursday, who have raised grievances regarding the duty roster and the revised salary structure. Amid the slew of flight cancellations and delays, Vistara chief executive officer Vinod Kannan acknowledged on Wednesday that pilot utilisation in the airline was high, and announced plans to scale back its flight schedule and overhaul the rostering system to provide pilots with more rest time.
In May, MFs were the net sellers in several PSUs, as they deployed Rs 47,600 crore in equities during the month.
From the Sensex basket, Larsen & Toubro, Maruti, Reliance Industries, Nestle, Bharti Airtel, UltraTech Cement, Kotak Mahindra Bank and JSW Steel were among the major laggards. Bajaj Finance climbed nearly 1 per cent higher.
Shubman Gill had twin challenges to tame when he entered the Test series against England -- a barren run that gripped him for nine innings, which was made grimmer when he dropped down to bat at a rather new No. 3 slot at this level.
A key moment that is being anticipated in this series is Ashwin touching 500 Test wickets and becoming only second Indian and ninth overall bowler to do so.
Kolkata Knight Riders may miss out on the services of their captain in the first few matches of the Indian Premier League.
Rajinikanth's Jailor released in theatres to much frenzy among his fans.
An accurate early warning system that correlates rainfall and the potential for landslides. That is the imperative, say experts as rains create havoc in hills across India and the toll mounts in Kerala's Wayanad slopes where landslides buried entire homesteads and possibly hundreds of people.
'But it might spin a little bit certainly as the game goes on.'
Spinners selected gives us best opportunity to beat India: Ben Stokes
Set to complete a century of Test matches, England wicketkeeper-batter Jonny Bairstow on Tuesday said reaching the landmark "means hell of a lot" to him given that he has had to wade through testing times.
In a spirited show of support, fans have gathered with creative placards, expressing unwavering confidence in Team India.
US short-seller Hindenburg Research had shared an advance copy of its damning report against Adani group with New York-based hedge fund manager Mark Kingdon about two months before publishing it and profited from a deal to share spoils from share price movement, according to market regulator Sebi. The Securities and Exchange Board of India (Sebi), in its 46-page show cause notice to Hindenburg, detailed how the US short seller, the New York hedge fund and a broker tied to Kotak Mahindra Bank benefited from the over USD 150 billion routs in the market value of Adani group's 10 listed firms post-publication of the report.
'We are sure FY25 is going to be better...But to call out that all problems are behind us is a bit early.' 'The underlying business sentiment has not changed significantly.'
England lose Duckett chasing 399 against India
Former England skipper Alastair Cook appreciated spinner Shoaib Bashir after his strong performance on the second day of the fourth Test against India at JSCA International Stadium Complex on Saturday.
Mutual fund investors no longer need to link their PAN with Aadhaar to obtain 'KYC-registered' status.
Maintain a proper record of documents that can act as proof of the cost of acquisition of the property, cost of improvements made to the property, expenses related to transfer of the property (like brokerage and registration charges). These will come in handy in case of a dispute with the taxman.
Sarfaraz Khan's stellar Test debut came to a crashing halt as a mix-up in the middle cost him his wicket.
The spot airfares on major routes, where Vistara cancelled flights on Tuesday, have surged by up to 38 per cent, according to data provided by Cleartrip. The spot airfares for Tuesday were compared with March 5. Vistara has cancelled 52 flights on routes such as Delhi-Indore, Delhi-Srinagar, Mumbai-Kochi, and Bengaluru-Udaipur as a certain section of pilots went on sick leave, reportedly protesting against the new salary structure that was introduced as part of the airline's merger with Air India.
Amid the beating of drums and chants of 'Ganpati Bappa Morya', various Ganesh mandals in Mumbai on Thursday started processions to immerse the idols of the deity, marking the culmination of the 10-day festival.
Adding petrol and diesel to GST was a challenging task due to their significant role as revenue generators for both the central and state governments.
'There are times when you have scoreboard pressure and a lot of runs to chase down, and that's when our approach and how we want to go about things really comes out.'