The ratio of market capitalisation to gross domestic product (GDP) in India remains elevated despite the recent correction in the equities markets. It was 147.5 per cent on December 3, 56 per cent higher than the 10-year average of 94 per cent. The current ratio is slightly lower than the all-time high ratio of 154 per cent at the end of September this year.
Ajit Pawar's NCP, a constituent of Mahayuti, was winning or leading in 41 of the 59 seats it contested as per the latest figures released by the Election Commission.
The mortal remains of former prime minister Dr Manmohan Singh were consigned to flames at the Nigambodh Ghat in New Delhi on Saturday amid the chanting of religious hymns. The funeral pyre was lit by his eldest daughter Upinder Singh.
The Bharatiya Janata Party has opted not to grant tickets to eight MLAs, followed by Congress which replaced five MLAs.
Senior Congress leader and Maharashtra assembly poll candidate Balasaheb Thorat has asserted that the opposition Maha Vikas Aghadi (MVA) will win a clear majority and also indicated his chief ministerial aspirations. Thorat, who is among the senior leaders in the MVA after NCP (SP) head Sharad Pawar, said he enjoys cordial relations with leaders of the alliance. He also criticized the ruling Mahayuti coalition, accusing it of corruption and communal politics.
Gehlot took to X (formerly Twitter) and released a statement announcing his resignation.
The Navi Mumbai police have apprehended an accused wanted in connection with an alleged plot to kill Bollywood actor Salman Khan, an official said.
The Jawaharlal Nehru University Students Union (JNUSU) on Sunday elected its first Dalit president from the Left-backed groups after nearly three decades.
Activists Laxman Hake and Navnath Waghmare, who have been sitting on a hunger strike at Wadigodri village in Jalna district since June 13, did not allow doctors to check their health or administer intravenous fluids.
Mahendra Singh Dhoni was handed the invite by the RSS's Dhananjay Singh and Karmveer Singh.
Ma Durga might be the city's most celebrated annual visitor, but Kali is the resident Goddess, notes Sandip Roy.
Companies in the banking, finance sector and insurance (BFSI) sector have underperformed on the bourses despite leading the earnings growth charts in the post-pandemic period. This has created a dichotomy between their earnings and share prices. BFSI companies have never been less expensive than the rest of the equity market.
Bahujan Samaj Party Member of Parliament Dhananjay Singh, arrested along with his wife Jagriti Singh in connection with murder of their maid, was on Friday denied by a Delhi court which observed that he had "actively participated" in atrocities which aggravated the miseries of his domestic helps.
The last four years, the best for corporate profits in a long time, have not been as impressive for corporate capital expenditure. The combined net profits of India's top listed companies excluding banks, financial services, and insurance (BFSI) increased at a compound annual growth rate (CAGR) of 32.4 per cent since FY20, a sharp jump from the 7.4 per cent in corporate earnings between FY14 and FY19.
The police said the four were in touch with jailed gangster Lawrence Bishnoi, and his younger brother Anmol Bishnoi and had recced the farmhouse and places where Salman Khan "worked" at the behest of the Bishnoi brothers.
The NCP leader defeated his cousin Pankaja Munde of the BJP in the just-concluded assembly elections from Parli in Beed district of central Maharashtra.
India's financial sector is dominated by large government-owned and private-sector banks.
The students have been staging a protest against the alleged incident since April 1. The incident allegedly took place on the night of March 30.
Munde, a Nationalist Congress Party leader, had attended a state cabinet meeting earlier this week and taken part in the Nationalist Congress Party's foundation day event two days ago in Mumbai.
'India's top companies currently lack the organisational wherewithal to hire and train 2 million interns annually, given their current scale of operations and existing employee base.'
The Budget proposals are expected to boost the fortunes of consumer goods and fast-moving consumer goods companies, which have been struggling with poor consumer demand for more than a year. The Budget announcements, such as the increase in standard deduction by Rs 25,000 for income-tax payers and slab revisions, will put more money in their hands, boosting consumer demand. Private consumption is also likely to benefit from a new scheme to offer internships to 10 million youths in the country's top 500 companies.
The gang planned to use sophisticated weapons, including AK-47, from Pakistan for the attack, the official said.
He is allegedly a member of the Lawrence Bishnoi and Goldie Brar gangs, the official said.
Munde's daughter said any programme without the photo of Gopinath Munde will not be welcomed in her constituency of Beed.
Dhananjay Desai has been allowed to spread his poison to young men in Maharashtra and Goa over the last five years, by a 'secular' Congress-NCP government. The 23 cases pending against him have not stopped him. He and his supporters must have thought they were immune when they lynched a bearded Muslim at night. Neither Desai nor his followers, nor the police, nor their 'secular' political masters, must have expected the nationwide furore that followed, says Jyoti Punwani.
Maratha activist Manoj Jarange on Wednesday suspended his indefinite fast, which he began five days ago over the quota issue, stating that his community members say they want him alive to fight for the cause.
The early-bird results for the April-June quarter of 2024 (Q1FY25) hint at a slowdown in corporate revenues and profits in FY25. Corporate profits might face headwinds from a continued revenue growth slowdown and a reversal in margin gains from lower commodity and energy prices in FY24. The combined net profit (adjusted for exceptional gains and losses) of the 210 companies that have declared their Q1FY25 results so far is down 4.2 per cent from the year-ago period - their worst showing in seven quarters.
Fresh trouble seems to be on the cards for Bahujan Samaj Party MP Dhananjay Singh after a 42-year-old woman in New Delhi lodged a complaint against him of rape and criminal intimidation, police said on Thursday.
Asked whether she would like to go to the Lok Sabha or the Rajya Sabha, Pankaja Munde said it is too late to choose it.
Lok Sabha polls in Maharashtra will be held in five phases on April 19, April 26, May 7, May 13 and May 20. Counting of votes will be held on June 4.
The Navi Mumbai police uncovered a plot to kill the actor during their investigation disclosing a video call conversation between Lawrence Bishnoi gang member Ajay Kashyap and another accused.
BSE (formerly Bombay Stock Exchange) has seen its market share go past the critical 20 per cent mark in the derivatives segment, intensifying its battle with bigger rival - the National Stock Exchange (NSE) - which, less than a year ago, had a monopoly in this space. In April, the average daily trading volume (ADTV) for BSE stood at Rs 89 trillion, accounting for 20.6 per cent of the overall ADTV of Rs 432 trillion (based on notional volumes for options).
President Droupadi Murmu inspected a guard of honour at the sestercentennial (250th anniversary) celebrations and presented the President's Standard of Bodyguard and Regimental Standard to the President's Bodyguard at Rashtrapati Bhavan in New Delhi on Thursday, November 16, 2023.
A 24-year-old man has been arrested from Mahad in Raigad district of Maharashtra for allegedly threatening to kill state ministers Chhagan Bhujbal and Dhananjay Munde, both members of the Ajit Pawar camp of Nationalist Congress Party, a Pune police officer said on Tuesday.
Earlier in the day, the students' body had written to the varsity administration opposing the web series shooting at the administration block on the campus.
Big, listed FMCG (fast-moving consumer goods) companies such as Hindustan Unilever, ITC, Nestl, and Britannia have been top-performing stocks on the bourses in recent weeks. The Nifty FMCG index, which tracks the share prices of the country's top 15 listed FMCG companies, is up 1.9 per cent month-to-date in May compared to a 2.4 per cent decline in the benchmark Nifty 50 in the period.
Chief Justice of India Dr Dhananjay Yeshwant Chandrachud took time from his packed schedule to visit Block D, Additional Building Complex at the Supreme Court, to inspect the work in progress on the public canteen on Tuesday, August 8, 2023.
12 of the 20 MPs with the highest winning margins in the 2019 Lok Sabha polls have not been re-nominated by their parties for the 2024 general elections.
Rishabh Pant had no doubt he would make it to top-flight cricket again, and even if that needed a miracle, he was sure he would pull off one.
As the Indian equity markets scale a new high, the gap between stock prices and the underlying corporate earnings has widened to its highest level in more than 30 years. At its current level, the benchmark BSE Sensex has run up nearly 31 per cent more than the growth in its underlying earnings per share (EPS) in the past 20 years. Most of the divergence between share prices and underlying earnings growth occurred in the past 10 years.
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