'Revolving credit without full repayment causes interest to outpace repayment capacity, and leads to financial distress.'
Aryna Sabalenka got the revenge she craved on Friday by defeating Leylah Fernandez to erase the sting of her 2021 US Open semi-final upset.
The country's biggest lender SBI on Friday posted 12 per cent increase in standalone net profit at Rs 19,160 crore for the first quarter of the current financial year. The bank had earned a net profit of Rs 17,035 crore in the same quarter of previous fiscal year.
The development came in the backdrop of the Supreme Court's direction that details of the deleted names be made public by August 19 and a compliance report be filed by August 22.
Maruti Suzuki India on Thursday posted a marginal increase in consolidated net profit to Rs 3,792 crore for the June quarter, with robust overseas shipments compensating for the drop in domestic sales. The country's largest carmaker reported a net profit of Rs 3,760 crore in the April-June period of the previous fiscal year.
The Supreme Court has raised concerns about discrimination against persons with disabilities in employment, questioning the Centre on the lack of 'upward movement' for meritorious candidates. The court also ordered nationwide monitoring of care institutions for persons with cognitive disabilities.
'It must become faceless, just as the entire direct tax assessment system has already become fully online, without any human intervention in the normal course,' recommends A K Bhattacharya.
The AV Birla group flagship Grasim Industries has been an outperformer on the bourses. The company's stock price is up 56.5 per cent in the last
Stock markets will be driven by inflation data, trade-related news, earnings and trading activity of foreign investors in a holiday-shortened week, analysts said on Sunday. Global market trends will also influence trading sentiment this week, they added.
'...so cases that arose under the existing Act will be adjudicated under the old provisions.' 'Care has been taken to ensure that the new I-T Act does not give rise to interpretational issues.'
Trading sentiment in the stock market this week will be guided by quarterly earning announcements from blue-chips such as Infosys and Bajaj Finance, the outcome of India-US trade talks and global cues, analysts said. Markets may on Monday react to the quarterly results of three heavyweights - Reliance Industries, HDFC Bank and ICICI Bank, an expert said.
Plans for big bang reforms in the GST regime by Diwali, the Putin-Trump summit and S&P upgrading India's sovereign credit rating are likely to instil optimism in the domestic equity market in the week ahead, analysts said. Besides, trends in global markets and the trading activity of foreign investors would also impact domestic investors' sentiment.
Protect your hard-earned wealth with a will -- halt family rifts and secure your children's future. Pranjali Madnani explains how.
Fintech firm One97 Communications, which owns the Paytm brand, reported its first-ever consolidated net profit at Rs 122.5 crore in the quarter ended June 2025, mainly on account of cost optimisation and an increase in payment revenue. Paytm had posted a net loss of Rs 840 crore in the year-ago period.
A Pakistan that is more secure in its relations with the US is also one that might well wish to indulge in another cross-border misadventure.
Bharti Airtel sees opportunity in raising tariff for data services as it feels that rich are paying less and poor are not required to pay anymore, a senior official of the company said. During the company's earnings call for the first quarter of the current fiscal, Bharti Airtel vice-chairman and MD Gopal Vittal said that the company has written to the government for a relief on adjusted gross revenue and has demanded that it should be given benefit at par with other telecom operator, without naming Vodafone Idea.
'The new Bill introduces no policy or rate changes, leaving financial planning strategies largely unaffected.'
'The considerations for choosing between the old and new tax regimes remain essentially unchanged.'
A profile of veteran Nepali politician K P Sharma Oli, detailing his rise to power, his various stints as prime minister, and his impact on Nepal's political landscape.
The second half followed a similar rhythm with India dictating possession and Bangladesh defending deep. Although chances were rare, India never looked in danger.
The Enforcement Directorate (ED) has filed a charge sheet against Robert Vadra, husband of Congress MP Priyanka Gandhi Vadra, in a money laundering case related to a land deal in Haryana's Shikohpur. The ED has also attached properties worth Rs. 37.64 crore linked to Vadra.
'The essence of RMG is that users participate in skill-based games for financial reward, so this law would directly affect this operating model for both users and gaming companies.'
Jannik Sinner had to dig deep to get the better of Auger-Aliassime in the second semi-final.
As the potential threat of a steep 200 per cent tariff on pharmaceutical imports hangs in the air, analysts and industry insiders feel that focus on exports to non-US regions as well as domestic market will increase as a long-term trend. US President Donald Trump told CNBC's Squawk Box in the first week of August that planned tariffs on import of pharmaceutical products to the US could eventually reach up to 250 per cent.
External Affairs Minister S Jaishankar has called for India and Russia to adopt a creative and innovative approach to address complex geopolitical challenges, emphasizing diversification and expansion of cooperation.
'Investors who remain calm, consistent, and disciplined through short-term volatility are usually the ones who benefit most in the long run.'
Equity benchmark indices Sensex and Nifty ended lower on Thursday after US President Donald Trump announced the imposition of a 25 per cent tariff on all goods coming from India starting August 1 and an unspecified penalty for buying Russian crude oil and military equipment.
India's top IT services firms delivered single-digit revenue growth in April-June, capping off a mixed, somewhat-sobering quarter as macroeconomic instability and geopolitical tensions weighed on global tech demand and delayed client decisionmaking. Management commentary painted a mixed picture, caution prevailed, yet industry CEOs also emphasised cost optimisation, vendor consolidation, and opportunities in AI makeovers.
'College-going Gen Z students are devastated by the killings and destruction.' 'These are not the kind of people who would burn somebody's home or beat up political leaders or set fire to people and snatch guns from the policemen.' 'So obviously a huge infiltration has happened.'
Drug major Cipla on Tuesday said its consolidated net profit increased 30 per cent to Rs 1,222 crore in the fourth quarter ended March 31, 2025. The Mumbai-based drug firm had reported a consolidated net profit of Rs 939 crore for the January-March period a year ago.
'First-time investors, busy professionals, NRIs and those with modest sums looking for curated strategies may find FoFs especially appealing.'
Food delivery and quick commerce firm Eternal, which owns the Zomato and Blinkit brands, on Monday reported a consolidated net profit of Rs 25 crore for the June quarter, as continuing investments in quick commerce and going-out businesses weighed on its bottom line. Titan, Hindustan Unilever, Bharat Electronics, Maruti, ICICI Bank and Mahindra & Mahindra were also among the gainers. However, Tata Motors, Adani Ports, State Bank of India and Reliance Industries were among the laggards.
Let there be no doubt that Modi in these 24 years so far has reshaped politics and governance considerably, if not completely, asserts Nilanjan Mukhopadhyay, author, Narendra Modi: The Man, The Times.
Chinese Foreign Minister Wang Yi said that it is imperative for the two sides to view each other as partners and opportunities rather than rivals or threats, and invest their valuable resources in development and revitalisation.
Tata Steel, Maruti, Tata Motors, Infosys, Bharti Airtel and Tech Mahindra were also among the laggards. However, Trent, Asian Paints, Hindustan Unilever, ITC, Kotak Mahindra Bank, and Reliance Industries were the gainers.
Among Sensex firms, Eternal, Infosys, Asian Paints, HDFC Bank, Bajaj Finserv and Titan were the major gainers. However, Tata Steel, Tech Mahindra, Adani Ports and Bharat Electronics were among the laggards.
Saiyaara, which collected Rs 306 crore, would have made more but was was hit by the Mahavatar Narsimha wave.
India's mergers & acquisitions (M&As) market recorded deals worth $45.44 billion in the first half of 2025, up nearly 3.3 per cent from a year ago, even as ultra large-ticket transactions remained subdued. During the first half, the 7.1 per cent rise in deal count to 1,614 signals continuing appetite among domestic conglomerates and private equity (PE) funds for mid-sized and smaller assets.
China's Foreign Minister Wang Yi expressed China's anticipation for Prime Minister Narendra Modi's visit to the Shanghai Cooperation Organisation (SCO) summit, emphasizing the importance of strong India-China relations and mutual cooperation.
Mahindra & Mahindra Ltd on Monday reported a 13.34 per cent rise in consolidated profit after tax at Rs 3,541.85 crore in the fourth quarter ended March 31, 2025 led by good performance from auto and farm equipment sectors. The company had posted a consolidated net profit of Rs 3,124.94 crore in the same quarter of the previous fiscal, Mahindra & Mahindra (M&M) said in a regulatory filing.
Naomi Osaka produced a commanding performance to knock out third seed Coco Gauff.
