Mutual funds' average cash holdings in equity schemes topped 6 per cent in February as fund managers went slow on deployment of new inflows on expectations of better buying opportunities amid uncertainties in the market.
Clawing the economy back to an 8 per cent growth path will require bringing savings and investment rates closer to 35 per cent on a sustained basis, which were 30.2 and 29.6 per cent, respectively, in FY22, according to a report. As per India Ratings, a large part of investments will have to be in infrastructure, which can help revive private investments by easing supply constraints and offset the weakening of external demand due to global headwinds. Higher investments will have to be accompanied by higher domestic savings to keep the savings-investments gap under check.
The output of eight core infrastructure sectors grew 3.3 per cent in August -- the lowest in nine months -- as against 12.2 per cent in the year-ago period, according to official data released on Friday. The previous low was in November 2021 at 3.2 per cent.
Fearing likely shortage, the government on Thursday said it has made an advance plan to import about 10 lakh tonne higher quality of tur dal via private trade this year to meet the domestic requirement. The issue was discussed in a high-level meeting called by the cabinet secretary to review the prices of essential commodities, especially pulses and onions. Tur production is pegged lower at 3.89 million tonne in the 2022-23 crop year (July-June) from 4.34 million tonne in the previous year as per the initial projection made by the agriculture ministry. Tur is a kharif crop.
The BCCI on Friday announced the fixtures of the upcoming edition of the Indian Premier League
A three-judge bench headed by Chief Justice D Y Chandrachud said that upon being produced before the competent magistrate in Delhi, Khera would be released on interim bail.
Warne had plenty of highlights at the MCG including his Ashes hat-trick in 1994 and his 700th wicket at the ground 12 years later.
The top court said it needs to go through the case files and posted the matter for hearing at 3:30 pm on Wednesday
Finance Minister Nirmala Sitharaman on Wednesday announced hiking the capital expenditure by 33 per cent to Rs 10 lakh crore for infrastructure development for 2023-24 and will be at 3.3 per cent of the GDP. Presenting the Budget for 2023-24, she said the newly established infrastructure finance secretariat will assist in attracting more private investment. "Capital investment outlay is being increased steeply for the third year in a row by 33 per cent to Rs 10 lakh crore, which would be 3.3 per cent of GDP.
West Bengal Congress spokesperson Kaustav Bagchi was granted bail by a court in Kolkata on Saturday evening, hours after being arrested for his alleged comments against Chief Minister Mamata Banerjee.
'These number surges will be the outcome of emerging virus variants, loss of vaccine- or infection-acquired protective immunity in people, and environmental factors'
The controversial colonial-era Kohinoor diamond claimed by India is to be cast as a symbol of conquest as part of a new display of Britain's Crown Jewels at the Tower of London set to open to the public in May.
Lionel Messi -- but who else -- led Argentina's World Cup celebrations.
Images from the Gujarat Giants vs UP Warriorz WPL match at the Brabourne Stadium on Monday.
Insurance penetration in India at 3.9%, below world average.
It's one of life's many wonders until God's priceless creation stops walking on Earth for good.
Billionaire Mukesh Ambani's Reliance Jio is India's strongest telecom brand in India, ahead of Bharti Airtel and Vodafone Idea Ltd, according to brand intelligence and data insights company TRA. TRA, formerly Trust Research Advisory, in its 'India's Most Desired Brands 2022' ranked companies according to their brand strength. Reliance Jio topped the telecom category, followed by Bharti Airtel, Vodafone Idea Ltd and BSNL.
When Murray finally got the job done in what was his 250th Grand Slam match, the clock was just past 4.05am local time but a sizeable and vociferous crowd had remained glued to their seats inside the Margaret Court Arena.
'We pushed and we believed until the end. We almost turned the game around, which was not going well... There was mental strength in this group, a lot of heart. That allowed us to come back in this game. We're disappointed but also proud.'
The Australian Open champion never faced a break point and used her hard and accurate serve to dispatch Gauff.
In a shocking incident, a 20-year-old woman died after her scooty was hit by a car and her body was dragged for around four kilometres in outer Delhi's Sultanpuri on Sunday, police said.
The government on May 17 formed a five-member committee.
The teams finished level at 3-3 on aggregate in the tie but the Lisbon club advanced to the quarter-finals after Adan kept out Martinelli's weak effort.
The daily positivity rate was recorded at 3.47 per cent, and weekly at 3.90 per cent.
White is easy to maintain, looks brighter than other colours over a longer period, is the least commonly rejected colour among family members, has high resale value, provides better safety at night, absorbs less heat in the summer season, makes small cars look bigger, and is not considered inauspicious.
'For the last few years you are only hearing about Hindus, Muslims and casteism.'
The further expansion and upgrade of the Chinese military does not augur well for India, which continues to confront an increasingly belligerent China on its borders, notes former foreign secretary Shyam Saran.
India made a shock exit from the FIH Men's World Cup after losing to New Zealand in sudden death in their must-win crossover match.
In her first address to the joint sitting of Parliament as the Budget session began, she said 'Amrit Kaal', described by the government as the 25-year period culminating in the centenary of India's independence, is the time to build an India which is 'aatmanirbhar' (self reliant) and also fulfils its humanitarian obligations.
The extended range of the missile which is part of the Strategic Forces Command will give a variety of options to the planners during times of conflict.
The central government's fiscal deficit -- the difference between its total expenditure and receipts, excluding borrowings -- for 2006-07 has been reined in at 3.5 per cent of gross domestic product.
India's economic growth slowed down to 4.4 per cent in the third quarter of 2022-23 mainly due to poor performance of the manufacturing sector. In October-December 2021, the economy grew by 11.2 per cent and by 6.3 per cent in the July-September 2022 quarter, according to data released by the National Statistical Office (NSO) on Tuesday.
The number of people who have recuperated from the disease surged to 4,37,12,218, while the case fatality rate stands at 1.19 per cent.
The threat of rain looms over the final of the 2022 T20 World Cup
A lover of all things fashion, Sinead Burke is urging designers to create clothes for people of all sizes.
The Reserve Bank on Wednesday hiked key benchmark policy rate by 25 basis points to 6.5 per cent, citing sticky core inflation. This is the sixth time interest rate has been hiked by the Reserve Bank of India (RBI) since May last year, taking the total quantum of hike to 250 basis points. Announcing the bi-monthly monetary policy, RBI Governor Shaktikanta Das said the Monetary Policy Committee (MPC) by a majority decided to raise the policy repo rate by 25 basis points and keep a 'strong vigil' on inflation outlook.
Pele's death has unified Brazil, a country starkly divided by a bruising presidential election.
In a late night breakthrough in the deadlock between Anna Hazare and Delhi police over the duration of his anti-corruption protest, the Gandhian accepted the offer for 14 days of hunger strike beginning on Thursday at the Ramlila Maidan.
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