The daily positivity rate was recorded at 6.91 per cent while the weekly positivity rate was pegged at 3.67 per cent.
Strong macroeconomic headwinds causing turbulence in the $245-billion Indian IT industry are yet to calm down. Top Indian IT services companies are likely to post a decline or just marginal growth in sequential revenue in Q1FY24 because of a soft discretionary spending environment. Though the first quarter is seasonally strong for IT firms, "June 2023 will be an exception", according to analysts at Kotak Institutional Equities.
'I would say the first set and the second set was really, really intense and I started to cramp in my arm.'
Maruti Suzuki India (MSI) and Hyundai posted single-digit growth in domestic sales in June, even as the overall passenger vehicle segment crossed the 20 lakh units sales mark for the first time-ever in the first half this year. Toyota Kirloskar Motor reported a double-digit growth in dispatches to dealers, while Kia saw a dip in wholesales last month. MG Motor India also reported a double-digit increase in retail sales in June 2023 compared to the same month last year.
The toll has climbed to 5,31,091 with 27 deaths recorded in the last 24 hours.
Venture Capital giant Sequoia India & Southeast Asia has rebranded itself to Peak VX Partners. The VC firm will now manage its assets under management (AUM) in the region of over $9.2 billion across 13 funds independently. The rebranding exercise followed Sequoia Capital's break-up into three independent entities across the globe. Besides Sequoia India & Southeast Asia, Sequoia China business has adopted the name HongShan in English (it will
While three deaths each were reported from Delhi and Rajasthan, two each were from Chhattisgarh and Punjab and one each from Himachal Pradesh, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Odisha, Puducherry, Tamil Nadu, Uttarakhand and Uttar Pradesh besides nine reconciled by Kerala, the data updated at 8 am stated.
Rashid Khan lauds Noor Ahmad's impressive IPL debut for Gujarat Titans
Backed by their strong physical presence across the country, UTI Mutual Fund and SBI Mutual Fund (MF) have managed to mobilise a higher proportion of their total assets under management (AUM) from towns and villages than their peers. Data compiled by Nuvama Institutional Equities shows that UTI MF and SBI MF are the only two major fund houses with over a fifth of their AUM coming from areas beyond the top 30 cities (referred to as B-30). UTI MF tops the chart with 23.8 per cent of its assets belonging to B-30 centres, followed by SBI MF with 21.2 per cent B-30 assets. The industry average stands at 17 per cent.
A much-changed Sweden side reached the Women's World Cup last 16 with a perfect record
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.
India saw a single-day rise of 89 coronavirus infections, while the active case count came down by three to stand at 1,931, according to the Union health ministry data.
With the fresh infections, India's COVID-19 tally stands at 4.47 crore (4,47,18,781). The death toll climbed to 5,30,876 with nine deaths, the data updated at 8 am stated.
Images from the World Athletics Championships in Budapest on Saturday.
With the fresh cases, India's COVID-19 tally climbed to 4.47 crore.
India on Monday logged 91 fresh COVID-19 cases, while the number of active cases remained unchanged at 1,817, according to Union health ministry data.
With 843 fresh infections, the country's caseload increased to 4.46 crore (4,46,94,349).
The death toll due to the disease has increased to 5,31,016 with 16 new fatalities being reported -- two each in Delhi, Punjab and Himachal Pradesh, and one each in Gujarat, Haryana, Maharashtra, Tamil Nadu and Uttar Pradesh, and five reconciled by Kerala -- the data updated at 8 am stated.
The national COVID-19 recovery rate stands at 98.80 per cent, according to the health ministry website.
With the fresh infections, India's COVID-19 tally rose to 4.47 crore (4,47,22,605). The death toll climbed to 5,30,881 with five deaths, the data updated at 8 am stated.
The country's COVID-19 death toll stands at 5,30,775, while the active cases increased to 3,076, the data updated at 8 am stated.
India has logged 5,335 fresh coronavirus cases, the highest in 195 days, while the active cases have increased to 25,587, according to Union health ministry data updated on Thursday.
The virus case tally was recorded at 4.46 crore (4,46,85,257) while the national COVID-19 recovery rate has been recorded at 98.81 per cent, the ministry said.
While 392 people arrived in New Delhi in a C-17 heavy-lift aircraft of the Indian Air Force, another batch of 362 Indians were brought to Bengaluru.
Banks looking to raise capital via bond sales to fund decade-high credit growth were compelled to put some of these debt issuances on hold amid a sharp rise in yields since late September, sources told Business Standard. A major private lender, Axis Bank, has not yet followed through with a planned issuance of infrastructure bonds worth around Rs 3,000 crore. This is because volatility in the bond market in late September led to investors seeking higher yields, sources said.
The Central Bureau of Investigation has taken over the investigation of four distinct cases from the Assam police, all connected with the death of the state police sub-inspector Junmoni Rabha last month in a suspected road accident, according to officials.
Prime Minister Narendra Modi, who is in the United States for a three-day state visit, has gifted an eco-friendly lab-grown 7.5 carat diamond, placed in Kashmir's exquisite Papier mache box, to First Lady Jill Biden.
The active cases now comprise 0.01 per cent of the total cases, while the national COVID-19 recovery rate has been recorded at 98.8 per cent.
Casper Ruud returned to the French Open final for a second year running by dismantling German 22nd seed Alexander Zverev to set up a showdown with 22-times Grand Slam champion Novak Djokovic.
Not the typical next-door budding cricket, Madhwal is a civil engineer for whom the sport was just a hobby. Watching him in the second half of this season, one would find it tough to believe that the 29 year old used to play tennis ball cricket until four years ago.
The tally of Covid infections in the country has reached 4.46 crore (4,46,82,639), it showed.
India's industrial production growth rose marginally to 5.6 per cent in February from 5.5 per cent in January 2023, mainly due to good performance of the power, mining and manufacturing sectors, according to official data released on Wednesday. There was an improvement on an annual as well as sequential basis. The factory output growth measured in terms of the Index of Industrial Production (IIP) stood at 1.2 per cent in February 2022.
India eked out a 4-2 win via penalty over Great Britain in the FIH Hockey Pro League on Saturday.
India logged more than 300 fresh coronavirus cases after 97 days, while the active cases increased to 2,686, according to the Union health ministry data updated on Saturday.
100th episode of PM Modi's 'Mann Ki Baat' to be broadcast live in United Nations headquarters
The National Stock Exchange (NSE) Nifty Next 50 Index could undergo large-scale changes if the proposed tweaks to its computation methodology get implemented. In a discussion paper floated recently, NSE Indices, which owns and manages a portfolio of over 350 indices under the Nifty brand, proposed that only stocks that are traded in the futures and options (F&O) segment can be part of the index. Currently, as many as 11 non-F&O stocks are part of the Nifty Next 50 Index, which, as the name suggests, represents the next rung of large and liquid securities after the Nifty50.
"Last year I played -- I was really almost a cripple, and I was popcorning it. This year I felt pretty good. So I got it within 20 yards of them a few times, which is good."
The Indian Junior Women's Hockey Team emerged Champions of the Women's Junior Asia Cup 2023 held in Kakamigahara.
India logged 157 new coronavirus infections, while the active cases increased to 1,862, according to the Union health ministry data updated on Friday.
Gold price declined Rs 305 to Rs 56,035 per 10 grams in the national capital on Thursday amid a fall in rates of precious metal in the overseas markets, according to HDFC Securities. The yellow metal had settled at Rs 56,340 per 10 grams in the previous trade. Silver also plummeted Rs 805 to Rs 65,095 per kg.
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