'With the deployment of a higher degree of mechanisation, awarding contractual mining to MDOs and operational efficiency, we feel confident of achieving the desired target.'
The Wimbledon men's singles semi-finals take centre stage at the All England Club on Friday.
The reopening of the Ratna Bhandar became a major political issue during the recently held assembly elections in the state.
'Generating employment requires a shift in policy.' 'If not, the country will face economic, social and political challenges in the coming years.'
India recorded a current account surplus of $5.7 billion or 0.6 per cent of GDP in the March quarter, the Reserve Bank of India said on Monday. This is the first time in ten quarters that the crucial metric of the country's external strength has turned into surplus mode. In the year-ago period, the current account deficit stood at $1.3 billion or 0.2 per cent of GDP, and the same was $8.7 billion or 1 per cent of GDP in the preceding quarter ending December 2023.
The real estate sector wants "high-impact" measures, like special schemes and tax breaks for developers, to revive the fortunes of the affordable housing segment in the country, multiple executives told Business Standard. This segment has been struggling since the Covid-19 outbreak, in contrast to larger and costlier homes which have been selling like hot cakes. The demand comes at a time when the government is taking suggestions from industry players before tabling the General Budget in the Parliament next month.
The death toll has climbed to 5,28,977 with 16 fatalities, which include 12 deaths reconciled by Kerala, data updated by the ministry at 8 am stated.
Kolkata Knight Riders' journey home from Lucknow turned into an unexpected adventure on Monday night.
Several deaths were reported across the country due to rain-related incidents like lightning strikes and drowning.
Investments by private equity and venture capital funds declined by 35 per cent to $4.4 billion in April compared with $6.8 billion in the year-ago period, a report said on Thursday. The number of deals in April stood at 98, which was 56 per cent higher than the year-ago period, the report by EY, a consultancy firm, and industry lobby grouping IVCA said.
Saudi Pro League champions Al-Hilal battled past Cristiano Ronaldo's Al-Nassr 5-4 in a penalty shoot-out on Friday to win the Saudi Cup and claim the domestic double, leaving the Portuguese forward in tears at the end of the drama.
The tide of startup-funding is turning in India, with a rising trend of overall funding while the deal sizes grow bigger. However, the spotlight now is on late-stage startups, many of which are seen to be headed for initial public offerings (IPOs). Record surge in stock markets and consistently improving performances of listed startups are understood to have turned the sentiment for the better, especially for those that exhibit a clear path to an IPO.
Rohan Bopanna and Matthew Ebden erased a one-set deficit to edge past the fighting pair of N Sriram Balaji and MA Reyes-Varela Martinez in the Super Tie-breaker, moving to the French Open quarterfinals, in Paris on Monday.
The Commission has desired to incorporate Aadhaar-based fingerprint authentication (else digital fingerprint capturing) and facial recognition of candidates, scanning of QR Code of e-admit cards and monitoring through live AI-based CCTV video surveillance, it said.
rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries
It may be recalled that India had played a Test each against England and Australia at Mumbai in December last year, winning them by 347 runs and eight wickets respectively.
Union Home Minister Amit Shah said the Delhi case was not the first FIR registered in the country. He said the first case under the new laws was about a motorcycle theft registered in Madhya Pradesh's Gwalior at 10 minutes past midnight.
The Securities and Exchange Board of India (Sebi) on Monday relaxed the norms for valuing perpetual bonds. The norms, which had sought to value banks' deemed residual maturity of Basel III additional tier 1 (AT1) bonds as 100-year debt from April 1, were strongly opposed by the finance ministry. In a statement released on Monday, the regulator said the maturity would be 10 years until March 31, 2022, and would be increased to 20 and 30 years over the subsequent six-month period.
'Probably revised guidelines will come, and then the real picture will emerge.'
NMDC, the country's largest iron-ore miner, posted a consolidated revenue in the January-March quarter of FY24. This was in line with estimates at Rs 6,500 crore, which was up 11 per cent year-on-year (Y-o-Y), and a 20 per cent quarter-on-quarter (Q-o-Q) rise on the back of realisations. Iron-ore production was 13.3 million tonnes (down 6 per cent and up 8 per cent Q-o-Q), while the sales stood at 12.5 MT (up 1 per cent Y-o-Y and up 10 per cent Q-o-Q).
The Budget should use the extra RBI surplus to better effect, suggests A K Bhattacharya.
Defending champions India's hopes of entering the Thomas Cup knockout stage as group topper were dashed by a clinical Indonesia who emerged 4-1 winners in their final pool match in Chengdu on Wednesday.
Investigators found that the aircraft, a Boeing 777-300ER, was flying at its cruise altitude of 37,000 ft south of Myanmar and near an area of developing storms in the afternoon when turbulence started to cause fluctuations between +0.44g and +1.57g for 19 seconds.
'We are seeing signs of improvement in rural overall in terms of demand, but I would still keep my fingers crossed.'
The deceased Anuj Thapan, 23, hanged himself inside the toilet of the lock-up using a bedsheet.
The wholesale inflation rose to a 13-month high of 1.26 per cent in April fuelled by rising prices of food articles, especially vegetables, amid expectations of RBI holding interest rates in the policy review next month. The wholesale price index (WPI) based inflation has been rising for two months in a row.
Upstream majors ONGC and Oil India (OIL) results for the January-March quarter (Q4) of FY24 suggest better production in future. But OIL missed its own production targets although it delivered higher volumes and it disappointed the market in terms of Ebitda. ONGC reported standalone Ebitda of Rs 17,400 crore (up 7 per cent year-on-year or Y-o-Y) in Q4FY24, slightly below estimates due to other higher expenses.
Still wearing a compression sleeve after a recent forearm issue, Carlos Alcaraz produced a stellar show in a rematch of the duo's 2022 encounter to firmly put himself back in the conversation as the favourite to lift the title in Paris and a third major.
A voter turnout of 10.82 per cent was recorded till 9 am on Saturday in 58 constituencies in six states and two Union territories where polling is underway in the sixth phase of the Lok Sabha elections.
There is no impediment to normal operations as Tata Motors puts in place the demerger process of its commercial and passenger vehicles businesses. Instead, the demerger would provide greater manoeuvrability for both new entities to operate independently, according to Tata Motors management. While there may not be immediate value unlocking, it will give investors clarity about future growth and the financials across different segments.
Four hospitals in Delhi received a bomb threat via email on Tuesday morning, officials of the Delhi Fire Services said.
The EC said polling percentage in the Anantnag-Rajouri seat in Jammu and Kashmir is the highest in 40 years.
An approximate voter turnout of 59.06 per cent was recorded in the sixth phase of the Lok Sabha elections on Saturday in 58 constituencies across six states and two Union territories with the polling percentage in the Jangal Mahal region of West Bengal touching 78.19.
The country's largest car maker Maruti Suzuki India on Friday reported a 47.8 per cent rise in net profit for the March quarter of FY24 to Rs 3,877.8 crore, on account of higher sales volume and favourable commodity prices.
Besides the national capital, polling will be held Saturday in 14 seats in Uttar Pradesh, all 10 seats of Haryana, eight seats each in Bihar and West Bengal, six seats in Odisha, four seats in Jharkhand and one seat in Jammu and Kashmir. Simultaneously, polling will be held for 42 assembly constituencies in Odisha.
With the prediction of an above normal monsoon in 2024, the government is expecting food prices to come down, the finance ministry's monthly economic report for March has said. The report, released on Thursday, said robust foreign inflows and comfortable trade deficits were expected to keep the rupee within a comfortable range. "Further easing of food prices is on the anvil as IMD (India Meteorological Department) has predicted above-normal rainfall during the monsoon season, which is likely to lead to higher production, assuming good spatial and temporal distribution of the rainfall," the monthly report, released by the Department of Economic Affairs, said.
Investors shunned shares of oil marketing companies (OMCs) on Friday as they feared that the government's decision to cut retail prices of petrol and diesel could hurt the companies' profit margins in the near term. On Thursday, the government announced that OMCs will reduce pump prices of petrol and diesel after a record 22 months, making them cheaper by Rs 2 per litre in the national capital. The changes were effective from Friday.
The global billionaires list witnessed as many as 94 new entrants from India, stated a report by Hurun India on Tuesday. Following a net addition of 84, the country's billionaire tally touched 271 with their combined wealth at $1 trillion, noted the report. Mukesh Ambani, chairman & managing director of Reliance Industries, is the only Indian to make it into the top 10 of the Hurun Global Rich List 2024, a ranking of billionaires in US dollar terms.
Images from Day 8 of the 2024 French Open at Roland Garros on Sunday.
FMCG major Britannia Industries' results for the January-March quarter (Q4) of the financial year 2023-24 (FY24) were received enthusiastically by the market with the share going up by 6.7 per cent on Monday to close at Rs 5,061.60 on the BSE. However, analysts said the results were in line with margins, and disappointing in terms of revenue growth. The consolidated net sales (excluding other operating income) rose 3 per cent year-on-year (Y-o-Y) to Rs 4,010 crore in Q4.
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