Chairing a meeting to review the security situation in LWE-affected states, Shah said the Modi government has adopted a policy of zero tolerance against left wing extremism since 2014.
While the corporate sector has benefited from massive capital expenditure, leading to sky-rocketing stock prices, investors would do well to keep an eye on the macroeconomic picture and government finances, not just corporate profits, for signs of trouble, alerts Debashis Basu.
Rising crude oil prices, traction in China equities and inflation concerns back home are casting a shadow on the Indian equity markets in the short term, believe analysts at Jefferies. They said this could see the markets remaining range-bound in the near term before the next leg up.
In Rajasthan, 13 deaths related to rain and storm were reported over the last two days while at least 12 people were killed due to lightning strikes in Jharkhand during the same period, officials said.
A dominant Sri Lanka thrashed Oman by 10 wickets in the ICC Cricket World Cup 2023 Qualifier to climb to the top of Group B at the Queens Sports Club, in Bulawayo on Friday.
The automobile sector has started seeing volume growth, the crucial economy segment included. Maruti Suzuki India (MSIL) could be a big beneficiary as the country's largest passenger vehicle (PV) maker has seen several favourable developments including volume recovery. Demand for its new sports utility vehicles (SUVs) appears to be good, and the company has 4 lakh outstanding orders by April 2023, (up from 3.6 lakhs in January 2023). Siam (Society of Indian Automobile Manufacturers) estimates that passenger vehicle demand would grow by 5-7 per cent in the 2023-24 financial year (FY24) and MSIL is likely to beat the market growth.
Cyclone 'Biparjoy' has an extensive damaging potential and it is likely to impact Kutch, Devbhoomi Dwarka and Jamnagar districts of Gujarat the most, the India meteorological department said on Tuesday.
"While you were squeezing the life out of your wife, your children can be heard crying in the background for their mummy. It is clear that they heard what was going on and knew that she was being hurt by you," the judge noted in his sentencing remarks.
Banks enjoyed an expansion in Net Interest Margins (or NIMs) as well as in credit demand through the 2022-23 financial year (FY23). The credit expansion was because economic growth continued to recover from the Covid-19 years, and indeed, second half GDP growth surprised on the upside. The NIM expansion was because banks raised lending rates immediately (in many cases automatically due to floaters) as the Reserve Bank of India (RBI) hiked policy rates, and only started raising deposit rates late into the fiscal.
There's a straightforward relationship between economic activity and power consumption. If economic activity increases, so does power consumption. Since the latest GDP (gross domestic product) data indicates India's growth rates exceeded expectations in the second half if the 2022-23 financial year (H2FY23) and GDP estimates of FY24 are strong, we would expect power consumption to rise as indeed it has. There is also a direct relationship between power consumption and National Thermal Power Corporation or NTPC's results since the public sector undertaking (PSU) is the largest power generator in India.
At the start of the year, not many would have imagined Yashasvi Jaiswal rising up the ranks so rapidly.
Senior pros Rohit Sharma and Virat Kohli haven't played too many ODIs in the last couple of years, while young Shubman Gill is still finding his feet at the top level.
Pinal Patel and his family arrived home from work when they were confronted by three masked individuals with guns, the Bibb County Sheriff's Office said in a statement on Monday.
It was a mixed day for India in the All England Championship as Treesa Jolly and Gayatri Gopichanda clinched a stunning win, while Lakshya Sen crashed out.
Cyclone 'Biparjoy', the first storm brewing in the Arabian Sea this year, has rapidly intensified into a severe cyclonic storm, with meteorologists predicting a 'mild' monsoon onset over Kerala and 'weak' progress beyond southern peninsular under its influence.
Wadia Group-owned Go First Airways' (Go First) insolvency plea could trigger a 'momentum rally' in shares of rival airlines, Interglobe Aviation (parent company of IndiGo) and SpiceJet, as they look to gain bankrupt airline's market share, said analysts. On the bourses, shares of InterGlobe Aviation hit a 52-week high of Rs 2,235.95, surging 8 per cent on the BSE in Wednesday's intra-day trade, before settling 4.5 per cent higher at Rs 2,164 apiece. Those of SpiceJet and Jet Airways, meanwhile, rallied up to 6 per cent in the intra-day trade, and ended 1 per cent and 5 per cent higher, respectively, following the development, which was announced post market hours on Tuesday.
Bajaj Finance's quarterly business update, coupled with around 24 per cent fall over the past six months, has turned risk-reward favourable for investors, observe analysts. They see up to 39 per cent upside in the stock, from a one-year perspective. Global brokerage CLSA, for instance, has upgraded the stock from 'underperform' to 'outperform' with an increased one-year target price of Rs 6,600 (vs Rs 6,000 earlier) as it believes the risk-reward has turned favourable for the counter, and there is scope for expansion if growth remains robust.
Royal Challengers Bangalore remained rooted at the bottom after five straight defeats in WPL 2023.
A 52-year-old woman doctor from Mumbai died while trekking to the base camp of Mount Everest in Nepal, a family member said on Sunday.
'Because we can control the controllable things, so we just think about that.'
Small stocks of Dalal Street grappled with turbulent times in 2022 as high volatility and higher interest rate regime sapped investors' appetite for these scrips but the horizon ahead seems less cloudy for the New Year. While the 30-share Sensex scaled multiple record peaks with bluechips glittering, small stocks underperformed and the BSE smallcap index declined more than 3 per cent this year. In comparison, the BSE Sensex climbed 2,673.61 points or 4.58 per cent till December 27.
Dinesh Karthik suffered a back injury during the side's T20 World Cup match against South Africa in Perth on Sunday
Game 20 of IPL 2022 will see the Rajasthan Royals take on the Lucknow Super Giants at the Wankhede stadium in Mumbai starting 1930 IST.
In a thrilling final, Mumbai Indians handed Delhi Capitals a seven-wicket defeat to win the inaugural edition of the Women's Premier League.
India's largest IT services firm Tata Consultancy Services (TCS) on Friday reported a 5.2 per cent year-on-year rise in consolidated net profit to Rs 9,478 crore for the first quarter ended June 30. The consolidated revenue from operations increased 16.2 per cent year-on-year to Rs 52,758 crore in the first quarter of FY23. TCS has declared an interim dividend of Rs 8 per equity share of Re 1 each.
Kami Rita and his group of 11 Sherpa guides summitted the 8,848.86-metre peak at 6.55 pm (local time).
On Tuesday, she had won a silver as part of the 4x400m relay quartet that finished second behind USA with an Asian junior record time of 3:17.76s.
Benchmark indices turned highly volatile in the last hour of trade on Monday, with the Sensex falling 86.61 points after three days of gain amid heavy selling in IT counters and weak trends in global markets. The 30-share BSE benchmark declined 86.61 points or 0.16 per cent to settle at 54,395.23. During the day, it fell by 391.31 points or 0.71 per cent to 54,090.53.
The Mumbai police seized more than 700 kg of mephedrone worth Rs 1,400 crore following a raid at a drug manufacturing unit at Nalasopara in Palghar district, and arrested five persons, officials said on Thursday.
With bilateral cricket remaining suspended between the bitter neighbours, India and Pakistan play each other only in multi-team tournaments with their rivalry now a rare but enticing occasion for fans worldwide.
'According to the survey, ideological issues like Article 370 and Ayodhya received only 14 and 12 per cent voter-backing, respectively.' 'It could well imply that hardline Hindutva issues have only that much voter-purchase, compared to Modi's overall popularity of 52 per cent -- putting the man way above the mission,' points out N Sathiya Moorthy.
Coming back after a month-long break from cricket, Kohli scored a 34-ball 35 against the arch-rivals.
Just because India has outperformed the US markets in a short recent period, it does not mean that this is based on fundamental reasons that are here to stay, points out Debashis Basu.
Smriti Mandhana and Jemimah Rodrigues were among the overseas players retained by their respective franchises
David Miller and Rahul Tewatia then took the team home as the latter hit two consecutive sixes off the last two balls to register a thrilling last-ball victory for Gujarat Titans.
A summary of all the action from Day 2 of the Ranji Trophy matches played on Wednesday.
Strangely, Gill's innings resembled something off a One Day International scorecard rather than a T20 considering its steady pacing, patience and sheer resolve.
The BRO has constructed a 52-km long black-topped road through Umlingla Pass, bettering the previous record of a road in Bolivia connecting to its volcano Uturuncu at 18,953 ft, the ministry's statement noted.
Analysts believe that investors should look at stocks that hit 52-week lows only if they have a dividend paying track record, are debt-free and have sound fundamentals.
Images from the Asia Cup match played between India and Pakistan in Dubai on Sunday.
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