Hero MotoCorp anticipates a big rebound in two-wheeler (2W) sales in rural India over the next four to eight quarters, driven by favourable factors such as a decent monsoon, rising crop prices, improved employment conditions, and increasing consumer confidence, its chief executive officer (CEO) Niranjan Gupta said on Wednesday. Amid tepid rural sales, he stated that there is a "strong case" for GST (goods and services tax) on entry-level two-wheelers, which are under 125 CC, to be moved down from 28 per cent to 18 per cent as they are used by "masses".
Proliferation of home chargers of around 7 KWh and above, which take six to seven hours to fully charge a car depending on the model, bring running costs down by a third or so. That, coupled with the increasing range of modern electric cars, can lead to a massive increase in sales.
Daniil Medvedev destroyed his racket and a net camera in a mid-match meltdown as he survived a huge scare against Thai wildcard Kasidit Samrej.
The draft digital personal data protection (DPDP) rules, which require banks to obtain explicit consent from their customers before using their data for purposes beyond the original intent, although is being followed in spirit, leaves no room for regulatory arbitrage, experts said. They said that the potential business impact is difficult to assess at this stage, but the formalisation of these rules will mean banks now need to establish clear data processing agreements with third-party entities to ensure compliance.
An all-format bowler, Bumrah took five for 30 in a memorable first-innings display and three for 42 in the second innings to guide India to a 295-run win in the Perth Test recently.
A 'jatha' of 101 farmers Friday began its foot march to Delhi from their protest site at Shambhu border, but was stopped a few metres away by a multilayered barricading.
The auto major is not just looking at domestic sales, but also planning to ramp up exports to key markets from here, like the Middle East, North Africa and Australia.
The China threat continues to resonate in the strategic partnership between India and the USA, points out Rup Narayan Das.
Co-location attracts institutional investors, which drives volumes for long-dated options, with higher realisations at lower costs.
Islamist rebels almost took control of the central Syrian city of Homs on Thursday after capturing much of Aleppo, the country's largest city. Tens of thousands of people have been fleeing Homs.
'The cost of flying to Prayagraj has gone up six times due to the Kumbh Mela.'
Jagjit Singh Dallewal, a 70-year-old Punjab farmer leader, is on his 21st day of a hunger strike demanding the Indian government address farmers' concerns, including a legal guarantee of MSP on crops. His health has deteriorated, and doctors have recommended immediate hospitalization. However, Dallewal, a cancer patient, has refused medical treatment.
The Indian Space Research Organisation successfully launched its 100th mission on Wednesday, with a GSLV rocket carrying navigation satellite NVS-02.
India's opposition parties have sharply criticized the Union Budget, calling it inadequate to address the country's economic woes and accusing the BJP-led government of using it to woo voters in Bihar and Delhi ahead of upcoming elections. Leaders from the Congress, TMC, DMK, SP, and CPI(M) voiced their disapproval, highlighting concerns over inflation, unemployment, and the lack of substantial measures to support the agricultural sector and the poor. They also criticized the tax cuts for the middle class as insufficient and coming too late after years of high taxes and rising prices.
The Supreme Court on Monday refused to entertain a plea seeking a uniform minimum age of 21 years for marriage for both men and women, saying that it will amount to directing Parliament to make a law to fix the age.
Facing criticism from the government over the central bank prioritising inflation over growth, the new RBI Governor Sanjay Malhotra on Monday said that prospects of the Indian economy are expected to improve on the back of high consumer and business confidence in 2025. "As we strive to preserve financial stability to support a higher growth path for the Indian economy, our focus remains steadfast on maintaining stability of financial institutions and, more broadly, systemic stability," Malhotra said in foreword to the Financial Stability Report.
Mayank Yadav is set to walk into the IPL 'Million Dollar Club' after making his international debut in the first T20 International against Bangladesh.
The Supreme Court on Tuesday dismissed a plea seeking to revert to paper ballot voting in elections in the country, saying allegations of tampering with electronic voting machine (EVM) raked up only when people lose polls.
The Supreme Court on Saturday gave the Punjab government time till December 31 to persuade farmer leader Jagjit Singh Dallewal, who has been fasting for over a month, to shift to hospital.
Don Bradman wore the "baggy green" cap during India's first tour of Australia as an independent country in 1947-48, scoring 715 runs in six innings at an average of 178.75.
A mob led by Kuki-Zo women clashed with security forces in Manipur's Kangpokpi district on Tuesday, triggering fresh tensions in the ethnic strife-hit state.
The DXC Progressing Minds Scholarship Program 2024-25 aims to support the educational/sports expenses of students who belong to marginalised groups.
Commercial banks in India reported a sixth consecutive year of rise in their net profits in 2023-24 while bad loans continued to fall, according to the Reserve Bank of India's (RBI's) annual publication "Trends and Progress of Banking in India", released on Thursday. "Banks' profitability rose for the sixth consecutive year in 2023-24 and continued to rise in H1:2024-25 with the return on assets (RoA) at 1.4 per cent and return on equity (RoE) at 14.6 per cent," the report said.
Elon Musk, who has previously vowed to "go to war" to defend the H-1B visa program, has reignited debate surrounding the program by labeling it "broken" and in urgent need of "major reform." Musk, along with Indian-American tech entrepreneur Vivek Ramaswamy, has been tapped by Trump to lead his Department of Government Efficiency (DOGE). While Musk acknowledges the need for foreign workers in the tech industry, he believes the current H-1B system needs significant changes, including raising the minimum salary and adding a yearly cost for maintaining the visa. The H-1B visa, which allows US companies to employ foreign workers in specialty occupations, has been a subject of debate for years. The tech industry advocates for more H-1B visas to attract highly skilled workers, while some argue that it allows businesses to replace Americans with lower-paid foreign workers.
India need to win three of the remaining four Tests in Australia to book their place in the WTC 2025 final.
Fast-moving consumer goods (FMCG) distributors' association has written to the finance ministry, highlighting concern over fund utilisation and fund accumulation by quick commerce companies and deep discounting of goods on their platforms. According to a recent letter seen by Business Standard, All India Consumer Products Distributors Federation (AICPDF) noted that its analysis indicated that approximately 80 per cent of these funds were directed toward customer acquisition strategies instead of creating cutting-edge innovations or sustainable growth models for the retail sector.
Considering the competition, engineering aspirants should ideally consider taking a minimum of five to seven entrance exams to maximise their chances of success and broaden their options when it comes to college, says rediffGURU Nayagam PP.
The Supreme Court criticized the Punjab government for making irresponsible statements regarding farmer leader Jagjit Singh Dallewal's indefinite fast and questioned the intentions of some farmer leaders. The court emphasized that it never directed Dallewal to break his fast but expressed concern for his health and urged medical aid. The bench expressed frustration over the government's attempts to create an impression that they were persuading Dallewal to end his fast, despite the court's directives to provide medical aid.
Specialised investment fund (SIF), a new asset class, will have the same expense structure as that of mutual funds (MFs), according to rules notified by the Securities and Exchange Board of India (Sebi). SIF, which was first proposed by Sebi in July 2024, aims to fill the gap between MFs and portfolio management services (PMS), and it looks at informed investors, who are willing to take riskier bets.
Withdrawing a blanket ban on overseas shipments of non-basmati white rice, the government on Saturday imposed a floor price of $490 per tonne and exempted the commodity from export duty. Exports of non-basmati white rice have been banned since July 20, 2023 to boost domestic supply. "The export policy for non-basmati white rice (semi-milled or wholly milled rice, whether or not polished or gazed) ...is amended from prohibited to free, subject to MEP (minimum export price) of $490 per tonne with immediate effect and until further orders," the directorate general of foreign trade (DGFT) said in a notification.
Prime Minister Narendra Modi has said he is willing to discard old ideas and embrace new ones as long as they fit into his essential ideology of 'nation first'.
With just four trading sessions to go for the ITC-ITC Hotels demerger record date shares of ITC continue to consolidate in a thin range of Rs 460 - Rs 480 in an otherwise volatile equity market. On Tuesday thus far despite a near 1 per cent fall in the Sensex and Nifty; ITC traded on a flat note. ITC had set the demerger ratio at 1:10 - meaning 1 share of ITC Hotels for every 10 shares of ITC as of the record date January 6, 2025.
After being sworn in as the 47th president of the United States, Trump started his inaugural address with a sentence that echoed Modi's coinage some years ago, notes Modi biographer Nilanjan Mukhopadhyay.
South African pacer Gerald Coetzee has been reprimanded for showing dissent at the umpire's decision during the fourth T20 International against India in Johannesburg, the ICC said on Tuesday.
The sources further stated that all the Indian nationals there are safe and the embassy remains available to assist them in the crisis-hit nation.
Delhiites continued to breathe toxic air on Tuesday as the air quality edged closer to the severe zone in some areas.
The Mahayuti landslide in Maharashtra will leave the state assembly without a leader of opposition as no party outside the ruling alliance has been able to get the mandatory minimum 29 seats.
Akasa Air has asked the Directorate General of Civil Aviation (DGCA) to exempt it from deploying CAT-III trained pilots on flights to and from two major fog-affected airports, Kolkata and Bengaluru, for specific periods, since there is a shortage of such pilots in its roster.
The Securities and Exchange Board of India (Sebi) on Tuesday announced that the top 500 stocks will be eligible for the same-day settlement cycle (T+0) in a phased manner. This move is seen as a fresh push to ready the market ecosystem to speed up the settlement cycle, which currently stands at T+1.
The good news is the team management has enough time on hand to think through the defeat and to find answers to the questions Adelaide has thrown up, around both its batting and bowling before the next test begins.
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