Foreign portfolio investors (FPIs) withdrew Rs 14,790 crore ($1.8 billion) from financial stocks in the first half of August, driven by global risk aversion sparked by US recession fears. Additional factors contributing to the decline in banking stocks included subdued earnings growth in the June quarter, concerns about slowing deposit growth, and stricter liquidity norms imposed by the Reserve Bank of India.
'...Shyam had not given me the roles he did.'
The Reserve Bank of India's (RBI's) caution on inflation, highlighted during the recent monetary policy meeting, may put investors' faith in fast moving consumer goods (FMCG) stocks to test, analysts said. They, however, believe FMCG stocks may ride through this near-term investor anxiety as related companies are, typically, well-equipped to handle inflation due to their pricing power and steady demand for essential goods.
'There are certain characters that, when you get the opportunity to play them, you feel scared, wondering if you will be able to do justice to them.' 'That fear comes from knowing how deeply sentiments and faith are attached to such roles.'
The national team, captained for the bulk of those years by Misbah Ul Haq, hosted its 'home' games in the United Arab Emirates and remained relatively successful until fixtures trickled back onto Pakistani soil in 2018.
Stocks of Indian steel companies are reeling from pricing pressure that is partly blamed on cheap imports. The stocks have declined up to 9 per cent on the NSE in one month, likely allowing investors an opportunity to use the correction to enter the pack as pricing pressure eases. "In steel or any other commodity, if prices or spreads are nearing their bottom, it can be an opportune time to invest in those stocks. In India, domestic fundamentals such as steel consumption remain robust, hence one can take fresh positions in these counters," said Amit Dixit, an analyst at ICICI Securities.
Interestingly, all of R Praggnanandhaa's victories have come at the expense of the Indians so far in the tournament.
Iron ore mining major NMDC's results for the April-June quarter (Q1) of FY25 were better than estimates. Weak volumes were balanced off by higher realisations, better average selling price (ASP) and lower royalties which boosted bottomline. The revenue was in line with estimates at Rs 5,400 crore, flat year-on-year (Y-o-Y) and down 17 per cent quarter-on-quarter (Q-o-Q).
Tata Elxsi (TelX) reported a weak Q3FY25, with a sharp deceleration in the transportation vertical. However, recent deals in the Asia-Pacific (APAC), higher mix of original equipment makers (OEMs) and partnership with Qualcomm will improve growth. FY25 is the third successive financial year of revenue growth deceleration and second successive financial year of profit deceleration.
Steve Smith has said he had never encountered a wicket like the one at the SCG
Pakistan plans to procure 40 jets of advanced Chinese stealth fighter J-35, which, if materialised, will mark the first export of China's latest jet. The sale would mark Beijing's first export of fifth-generation jets to a foreign ally and is expected to recalibrate regional dynamics, particularly in relation to Pakistan's rival India. The acquisition of new aircraft was pursued despite the serious economic crisis faced by Pakistan. China has helped Pakistan to jointly develop and operate the J-17 Thunder fighter jet, the mainstay of the PAF. China has delivered four advanced naval frigates to the Pakistan Navy in the last few years to enable it to play a bigger role along with its navy in the Indian Ocean and Arabian Sea.
Australian Sam Konstas is devising plans to tackle the world's most destructive fast bowler Jasprit Bumrah
Stocks of Indian steel companies are reeling from pricing pressure that is partly blamed on cheap imports. The stocks have declined up to 9 per cent on the NSE in one month, likely allowing investors an opportunity to use the correction to enter the pack as pricing pressure eases. "In steel or any other commodity, if prices or spreads are nearing their bottom, it can be an opportune time to invest in those stocks.
From Tetley Tea to Jaguar Land Rover and Air India, Ratan Tata has ticked off almost every item on his bucket list. However, one that remains unfinished is the electric version of his small car, the Tata Nano. A concept entrusted to Coimbatore-based Jayem Automotives (Jayem Auto) is still on the shelves, despite nearly 400 cars being launched, primarily due to Covid-19 and new crash norms.
Ancelotti still hoping Real can claim top-eight finish in Champions League
'When the girls said they want to play football, the mothers were encouraging.' 'It was the fathers who were against the idea.'
Most global as well as domestic brokerages are upbeat on India's largest IT services provider, Tata Consultancy Services (TCS), despite its performance during the December quarter of FY25, when it missed Street estimates. On the bourses, the TCS share price rallied as much as 6.44 per cent to hit an intraday high of Rs 4,296.80 apiece, before settling 5.67 per cent higher at Rs 4,265.55.
Shares of state-owned bank stocks were under pressure on Monday due to muted deposit and credit growth numbers reported by these lenders in the October-December quarter (Q3) of 2024-25 (FY25). The Nifty PSU Bank index was down 4 per cent, with Union Bank of India emerging as the biggest loser as its shares fell 7.5 per cent to close at Rs 114.7, followed by a 5.7 per cent drop in shares of Bank of Baroda (BoB) to Rs 228 and a 4.7 per cent slide in shares of Bank of India to Rs 99.8 on the National Stock Exchange.
The Punjab spearhead cleaned up skipper Ruturaj Gaikwad (5) with a ripper before inducing an edge from Siddhesh Veer (0) to the wicketkeeper in the very next over.
When Pritish Nandy passed into the ages, both journalists and film folk expressed their genuine sorrow. Many took to social media to pay their heartfelt condolences.
The exclusive club that dominates the global semiconductor fab scenario is about to get a new member. Taiwan, South Korea, and China control nearly 70 per cent of the global capacity. SEMI, the global industry body for semiconductor and electronics design and manufacturing, projects all fabs collectively will churn out 30 million wafers a month this year.
'After Pather Panchali, she became a housewife. She hated the spotlight. That was so strange and yet so admirable.'
In about a fortnight, Vistara - known for its premium service - will take off on its final flight before merging into the legacy of Air India. Set for November 12, the merger has sparked discussions on how these two distinct brands will blend.
Nissanka had featured in a 41-run opening partnership with Dimuth Karunaratne, who scored 20 before being undone by a rising delivery from Kagiso Rabada that forced an edge behind to wicketkeeper Kyle Verreynne.
The Indian equity market clocked record average daily turnover (ADTV) in both the cash and derivatives segments in February amid a spike in volatility. The ADTV for the cash segment for both the exchanges combined came at Rs 1.27 trillion, while the same for the derivatives or the futures and options (F&O) segment stood at Rs 483 trillion in the previous month. The volumes for both cash and derivatives have almost doubled from a year ago on the back of rising retail participation in the world's fourth largest equity market.
Tim Southee, once half of the most feared new-ball partnership in the game, brought down the curtain on a glittering 16-year Test career after New Zealand crushed England for a consolation win in Hamilton on Tuesday.
Breaking was dropped from the Olympic programme for the 2028 Games in Los Angeles. Gunn said she would not consider coming out of retirement if the dance-sport returned to the Games.
Will the Draft UGC Regulations 2025 undermine our universities? Unlikely, notes Professor Mohammad Sajjad, citing how AMU has utilised its exceptional autonomy.
No. 6 seed Yuan Yue came back from down 3-0 in the second set to win the last six games of the match and defeat former world No. 1 Simona Halep on Monday in the opening round of the Hong Kong Open.
'Tennis is a sport where you may enjoy watching more than playing. But pickleball flips that -- once you get the bug, you want to play more than watch.'
Despatch just goes on and on, sighs Mayur Sanap.
'I find his sense of history astounding, not just history of film, but of life in general.' Another fascinating excerpt from Sangeeta Datta's book Shyam Benegal.
The trader not only predicted a Trump win but also wagered on Trump's success in both the popular vote and several key swing states.
Akash Deep reveals how Virat Kohli offered him one of his bats -- a bat that scripted a rare happy memory during India's otherwise devastating tour of Australia.
'This is about history and history is important.' 'It is the history of my ancestors, my parents, my grandfather, my chacha...'
'So there was some good fight there and they got some rewards late in the day. So yeah, I think both teams will be pleased with their efforts.'
Real estate investment trusts (Reits) are in talks with regulatory bodies - the Securities and Exchange Board of India (Sebi) and the Reserve Bank of India (RBI) - to seek changes in regulations that will allow easier access to capital. The Indian Reits Association (IRA) said it has approached the market regulator seeking to get classified as an 'equity' asset, which will open the path for their inclusion in equity indices and also make investment by mutual funds (MFs) easier. The association is also in active discussions with the RBI to allow banks to lend to a Reit.
Young striker Sangita Kumari scored a brace as defending champions India defeated Malaysia 4-0 to open their campaign at the women's Asian Champions Trophy hockey tournament on a confident note in Rajgir, Bihar on Monday.
'...just be neutral about everything.' 'I will just take life as it comes.'
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