First coach Manhas remembers 17-year-old terrorising Ranji batters at nets
At the meeting attended by 33 parties, the prime minister said suggestions from public representatives, especially from the Opposition, are valuable as they make the discussion rich.
The BSE Realty index-a gauge of real estate stocks-rose 4.2 per cent on Monday, extending its two-day advance to 7.8 per cent. The latest gains came on the back of robust sales posted by realty developers in the March quarter of financial year 2022-23 (Q4FY23). On Thursday, the rate-sensitive index had gained 2.9 per cent following the Reserve Bank of India's decision to pause interest rate hikes in its latest monetary policy review.
At a time when investors are preferring higher-risk investment products like thematic and small-cap mutual fund (MF) schemes, some fund houses are exploring the possibility of going further down the market-capitalisation (m-cap) ladder to unearth newer investment opportunities. HDFC MF had filed papers with the capital markets regulator - the Securities and Exchange Board of India (Sebi) - earlier this year for an active micro-cap scheme. Some more fund houses are keen on launching such schemes, say industry observers.
Banks get bonds boost to raise funds for core sector; up to Rs 50 lakh of home loans in metros and Rs 40 lakh in other cities not to have CRR, SLR requirements
Even as the returns of mutual fund (MF) schemes have improved considerably in the past three months, addition of new investors has remained in the slow lane for the MF industry. According to industry data, during the first six months of CY 2023, MFs onboarded only 1.6 million new unique investors, in stark contrast to the 4.7 million investors added during the same period last CY and the 2.4 million in 2021. It is noteworthy, however, that the current additions for this year have doubled in comparison to the figure of 800,000 seen in 2020.
Artist Amrita Sher-Gil's In the Ladies' Enclosure became the second most expensive Indian work of art sold globally, after fetching a whopping Rs 37.8 crore at Saffronart's recent Summer Live Auction.
'Rising Covid cases and localised lockdowns are being closely monitored.'
Despite strong AUM growth, MFs lag behind other popular investment avenues. MFs received only 6 per cent of total household savings in 2021-2022.
Arun Jaitley rejected the charge that the government is pro-rich.
The move assumes significance as the government decided to go ahead with the formation of the search committee despite Congress leader in Lok Sabha, Mallikarjun Kharge, boycotting meetings of the Lokpal selection panel.
'I believe the modified scheme is much more beneficial and simpler.'
The Indian real estate market is on an upward cycle and residential housing continues to be the star of the sector, HDFC chairman Deepak Parekh said on Thursday. He added that unlike many other Western countries, the demand for housing in India is from genuine homebuyers and is not speculative in nature. "The India real estate market is on an upward cycle which bodes well for all of us. "The big star of the real estate sector continues to remain residential housing in India. "I hardly need to reiterate that demand for housing in India continues to remain robust," Parekh said while addressing the CII Real Estate event.
The veteran politician accused the BJP of breaking duly elected governments in opposition-ruled states even as it boasted about providing a stable government at the Centre.
'This action sends out a very nasty message in a very strong way -- that nobody is exempt.' 'It is also an attempt to extend the definition of who is an anti-national, who's a terrorist, a definition that's becoming looser under this regime.' 'The sad part is that by the time the courts acquit those arrested, they would've spent years in jail and been taught a lesson.'
Take advantage of the reduced interest rates offered by banks and the tax benefits to make it a lucrative deal
The Adani Group led in adding net fixed assets, which are up more than 90 per cent since September 2019 or before COVID-19.
Both Houses of Parliament were adjourned till noon on Friday following uproar over Nandigram issue.
Since March 31, 2022, the PSBs' market cap has risen 43.7 per cent, from Rs. 7.29 trillion to Rs. 10.47 trillion. It's time for the government, the majority owner of public sector banks, to reap the benefit of the rally in bank stocks, recommends Tamal Bandyopadhyay.
After years of disappointing growth, the economy and the markets are poised for a breakout, notes Akash Prakash.
Washington is signalling to Delhi that it can rely on American support in any great game vis-a-vis China. Delhi shouldn't fall into the trap, argues Ambassador M K Bhadrakumar.
19 per cent of all travel in India (by bus, train or air) was pilgrimage or religious travel (possibly the single largest after business and family-related travel), discovers Ambi Parameswaran.
From the seas to the stars, this partnership will now be deepened by the defining role of technology, the statement said.
Nearly a decade ago, the first fully electric vehicle (EV) caught fire on the road in the US. It was a model from Tesla, the world's most admired EV maker. A metal fragment punctured the underbelly of the vehicle, penetrating its battery pack, leading to a fire. Indian lawmakers and automakers have had nine years to study the incident (in fact, three Tesla Model Ss caught fire in two months in 2013) but seem to have learnt little.
The S&P BSE Realty Index has emerged as one of the top-performing sectors, yielding a remarkable 45 per cent return over the past six months. The three leading players, listed by market capitalisation, have substantially enriched investor wealth by 43-70 per cent during this period. If the second quarter (Q2) of 2023-24 (FY24) updates from Macrotech Developers (Lodha) and Sobha, along with industry data for the quarter, serve as any indication, the trend of strong bookings for larger players is expected to continue.
In his address, 69-year-old Khan also expressed disappointment over the Supreme Court's verdict on the National Assembly deputy speaker's controversial decision on the rejection of no-trust motion against him.
Of the 4.10 crore to be shared through COVAX, 1.40 crore will go to Latin America and the Caribbean nations and 1.60 crore to Asia.
The MP of Kanker, Chhattisgarh, on why local support is needed to counter the Naxals.
Prospective bidders had earlier termed the reserve price as too high, while multiple legal woes of Mallya-led UB Group are also being cited by many as reasons for lack of interest in buying this property
An NCD's credit rating will tell you whether risk possibility is high or low. Instruments rated below AA are regarded as high-risk.
Mortgage lender HDFC on Wednesday said it has approved the highest ever retail home loans of over Rs 2 lakh crore in 2021-22. The demand for these loans was from across the country, HDFC said in a statement. HDFC managing director Renu Sud Karnad said, "In over four and half decades, I have not seen a better time for the housing sector than now due to lower interest rates, stable property prices, government's thrust on affordable housing, improved affordability, favourable demographics, increasing urbanisation and rising aspirations." The residential real estate segment will continue to see strong traction going forward, as the demand for housing is not just pent up demand but is a structural one, she said.
His visit comes ahead of the upcoming official trip of Indian Army chief Gen M M Naravane to Nepal in the first week of November. Goel called on Prime Minister Oli at his official residence at Baluwatar on Wednesday evening, the premier's press advisor Surya Thapa told PTI.
Making a statement in the lower house soon after a meeting of the Union Cabinet, Modi said, "An autonomous trust has been formed, it is called 'Shri Ram Janambhoomi Teertha Kshetra'." The Supreme Court had directed the government to form the trust within three months and the deadline was ending on February 9.
The real estate industry today hailed the RBI's decision to cut key interest rate, saying the move will boost housing demand and also improve sentiments in the sluggish property market.
Did you know that an individual can, in addition to the tax benefits she/he is entitled to, also leverage the benefits available to family members to reduce this liability?
Ruling out the handing over to India of any Pakistani national found to be involved in the Mumbai terror attacks, Prime Minister Yousuf Raza Gilani today said such persons will be tried in the country under local laws.
'Why should Khargeji work against the Gandhis for the sake of proving his independence?'
Mike Hussey has defended Pakistani cricketers accused of throwing their Champions Trophy match against Australia, saying the allegations against Younus Khan and his men are "false" as he didn't sense anything fishy in the last-ball thriller.
Jaishankar said all members would agree that India's approach should be guided by its national beliefs and values, national interest and by its national strategy.
'The general elections in May 2024 may not have any impact on the Census.'
