The top court on Monday directed the protesting resident doctors to resume work by 5 pm on Tuesday, observing that if "there is continued abstention from work, there may be a likelihood of adverse action".
Alternative investment funds (AIFs) - investment vehicles favoured by the affluent - have topped $50 billion (Rs 4.3 trillion) in total investments for the first time during the April-June quarter, according to the latest data from the Securities and Exchange Board of India. The industry's commitments have approached Rs 12 trillion ($140 billion), marking a 40 per cent increase over the past year. The amount raised and deployed stood at Rs 4.74 trillion ($56 billion) and Rs 4.32 trillion ($51 billion), respectively, the data shows.
Poet, writer and former IPS officer Keki N Daruwalla, whose magic with words gained him national and international repute, has died at a Delhi hospital after prolonged illness and a spell of pneumonia. He was 87.
Harmanpreet, Mandhana, Jemimah hold key to India's T20 World Cup campaign
Benchmark indices Sensex and Nifty climbed to fresh all-time highs on Thursday driven by buying in auto shares amid a sharp rally in Asian markets. The BSE Sensex jumped 666.25 points or 0.78 per cent to settle at an all-time high of 85,836.12. During the day, it reached a record intra-day peak of 85,930.43, surging 760.56 points or 0.89 per cent.
'I often wondered while watching the film/trilogy, what if Durga had lived. What if Ray made The Durga Trilogy.' Sandip Roy looks back at Pather Panchali's Durga and the woman who brought her alive, Uma Dasgupta.
Rammu Guru, the head priest of the temple, said, "Sai Baba was being worshiped without proper knowledge, which is forbidden according to scriptures."
'The Casa ratio is at 33.4 per cent, which has to keep improving. Right now, there is a bit of liquidity pressure in the market.'
India women's head coach Amol Muzumdar exhorted the side to push behind the 'hurt' of the T20 World Cup and regroup for the three-match ODI series against New Zealand
India must quickly move on from Friday's shock defeat against New Zealand to revive their fortunes in the women's T20 World Cup, batter Jemimah Rodrigues said.
Roundup of matches across the country in the ongoing BCCI Ranji Trophy
'Assess the property in terms of type, size, location and price point, and whether it fits into your budget.' 'If it checks out on these fronts, one may consider the accompanying offers.'
Macroeconomic data announcements, global trends and trading activity of foreign investors would be the major driving factors for the equity markets this week, according to analysts.
After a year of decline, mergers and acquisitions (M&As) in India increased 13.8 per cent, reaching $69.2 billion in the first nine months of 2024, as against $60.8 billion during the same period in 2023. Led by Indian companies and private-equity (PE) firms, 2,301 transactions were signed between January and September this year as compared to 1,855 transactions reported in the same period last year, according to the Bloomberg data.
Vivrant Sharma and Abid Mushtaq made contrasting fifties in Jammu and Kashmir's four-wicket win over Tripura on the third day of their Ranji Trophy Elite Group A match in Jammu on Friday.
Ending the logjam persisting for 42 days in the wake of the rape and murder of a young doctor at RG Kar hospital, the agitating medics withdrew the 'cease work' after holding a march to the Central Bureau of Investigation (CBI) office in Salt Lake in Kolkata from the state health department's headquarters, where they had been demonstrating for over a week.
Foreign direct investment in India jumped 47.8 per cent to $16.17 billion in April-June this fiscal on healthy inflows in services, computer, telecom and pharma sectors, according to government data. FDI inflows were at $10.94 billion in April-June 2023-24. The data showed that overseas inflows in May rose to $5.85 billion and in June to $5.41 billion from $2.67 billion and $3.16 billion, respectively, in the year-ago period.
'Value index funds are most appropriate for long-term investors who can withstand deeper drawdowns.'
Smriti Mandhana showered praise on skipper Harmanpreet Kaur and said that the 35-year-old is fierce and always gives her best.
India suffered a disappointing start to their Women's T20 World Cup campaign in Dubai, facing both on-field struggles and a contentious decision against New Zealand.
Roughly 40% of this projected outlay is expected to go towards emerging industries, including green hydrogen, clean energy, semiconductors, and electric vehicles.
The funding environment in India for startups is improving this year if one were to go by Bain & Company estimates. Five private equity (PE) investors that come on top on the criterion of deal size collectively put in $9 billion in the first half of 2024, surpassing their outlay for last calendar year, when it was $8 billion. At the top of the list is Swedish firm EQT, which acquired US-based and listed Perficient at an enterprise value of $3 billion, the deal being done by the Indian wing of the company. It has also added to its list by putting in $500 million in WSO2, a "software as a service" company, increasing its tally to $3.5 billion.
Foreign portfolio investors (FPIs) withdrew Rs 14,790 crore ($1.8 billion) from financial stocks in the first half of August, driven by global risk aversion sparked by US recession fears. Additional factors contributing to the decline in banking stocks included subdued earnings growth in the June quarter, concerns about slowing deposit growth, and stricter liquidity norms imposed by the Reserve Bank of India.
Quarterly earnings of corporates, trading activity of foreign investors and inflation data are the key factors that are expected to drive the momentum in the equity markets this week, analysts said.
SBI Life Insurance reported a weak performance in Q2FY25. The annual premium equivalent or APE grew 3 per cent year-on-year (Y-o-Y) to Rs 5,390 crore. For the first half of financial year 2025 (H1FY25), it grew 9 per cent Y-o-Y to Rs 9,030 crore.
Agitating junior doctors demanding justice for the deceased woman medic of the Kar Medical College and Hospital and workplace safety continued their hunger strike until death on Sunday in the central part of the Kolkata's Dharmatala area.
Messaging app Telegram has taken decisive action against bots that were reported for sharing sensitive data related to Star Health and Allied Insurance Company, and is actively keeping an eye on their re-emergence, a company statement said. "The bots reported to Telegram for sharing Star Health data were immediately removed and moderators are monitoring to prevent them from being recreated. "The sharing of private information on Telegram is expressly forbidden and such content is deleted whenever it is found," the statement said.
Adah Sharma, who seems to be holding back an eye roll, is the only half-way decent actor amidst the crowd of amateurs and a bored-looking Rahul Dev in Reeta Sanyal, observes Deepa Gahlot.
The Reserve Bank on Wednesday retained the retail inflation projection at 4.5 per cent for fiscal 2024-25, with Governor Shaktikanta Das stressing that the central bank will have to closely monitor the price situation and keep the "inflation horse" under tight leash lest it may bolt again. Unveiling the October bi-monthly monetary policy, the Governor also said the flexible inflation targeting (FIT) framework has completed 8 years since its introduction in 2016 and is a major structural reform of the 21st century in India.
The report, made public on Saturday, claimed the complaints were "ill-motivated."
Chanting 'Justice for RG Kar' and 'Justice for our sister', hundreds of IT professionals took to the streets of Sector V in Salt Lake, the city's IT Hub, protesting against the rape and murder of a post-graduate trainee doctor at RG Kar Hospital.
Modifying the single bench order, the division bench presided by Justice I P Mukerji directed that Banerjee and Ghosh will be free to make any statement concerning the Governor, not crossing the contours of freedom of speech and expression and public duty.
The government on Tuesday announced a new centrally-sponsored scheme for skilling 20 lakh youth over the next five years. The announcement was made by Finance Minister Nirmala Sitharaman in the Union Budget 2024-25. The minister said that model skilling loan scheme will be revised to facilitate loans up to Rs 7.5 lakh.
The rupee remains overvalued against the currencies of India's trading partners, even as it hit record lows against the dollar in August and September. According to the Reserve Bank of India's (RBI) real effective exchange rate (REER) index, the rupee stood at 5.5 per cent above its fair value in August, down from 7.7 per cent in July. This slight easing followed fears of a US recession and the unwinding of yen carry trades, which exerted pressure on the Indian currency.
India along with New Zealand and Pakistan are in contention for the last remaining semi-final spot from Group A.
With India overtaking China in terms of weightage in the Morgan Stanley emerging markets IMI, Indian equities could see inflows of about $4.5 billion (Rs 37,000 crore), according to estimates. This week, Morgan Stanley announced that India has overtaken China in the MSCI Emerging Markets Investable Market Index (MSCI EM IMI). The weight of India in MSCI EM IMI stood at 22.27 per cent compared to 21.58 per cent of China.
'A 20 per cent equity allocation to ESG funds is a good start.' 'As more evidence on ESG performance builds, investors may increase allocations.'
The Central Bureau of Investigation (CBI) will conduct a psychological assessment of Sanjay Roy, the accused in a rape-and-murder case of a doctor in Kolkata that has triggered nationwide protests, officials said on Saturday.
Family members of a doctor, who was allegedly raped and murdered in Kolkata last month, joined the protesting medics at RG Kar hospital on Wednesday and accused the Kolkata Police of attempting to suppress the case by hurriedly cremating the body of the doctor.
With PBG Bengaluru Smashers needing just one point to win the contest, USA paddler Lily Zhang beat Puneri Paltan's Yashini Sivashankar to get her team over the line.