Domestic rating agency ICRA on Monday said Indian companies are likely to clock 7-8 per cent revenue growth during the March quarter of the current fiscal year, led by revival in rural demand and uptick in government spending. ICRA expects the private capital expenditure (capex) cycle to remain measured in view of the uncertainties around geopolitical developments and relatively subdued outlook on merchandise exports from India.
It involves India spending an estimated Rs 40,000 crores to Rs 50,000 crores and will take 10 to 15 years to develop.
The Vidarbha Cricket Association (VCA) has announced a cash reward of Rs 3 crore for its Ranji Trophy winning side, apart from separate cash incentives for the support staff and some of its players. The VCA also felicitated Akshay Wakhare on his retirement. Vidarbha forced a draw against Kerala in the summit clash and clinched the title on the basis of their first innings lead of 37 runs at the VCA Stadium in Jamtha.
There's certainly a lot of love in the air, as Bollywood couples celebrate Christmas on social media.
Among 30 Sensex shares, Zomato tanked over 5 per cent. Tata Steel, Bajaj Finserv, Tata Motors, Power Grid, Larsen & Toubro, Kotak Mahindra Bank, Hindustan Unilever and ITC were the biggest laggards. Bharti Airtel was the only gainer among Sensex scrips.
Among Sensex scrips, Bharti Airtel, Titan, NTPC, State Bank of India, ITC, Tata Steel, Mahindra & Mahindra and Tata Motors were the major laggards. Adani Ports, Infosys, Axis Bank, HCL Technologies, Tech Mahindra and IndusInd Bank were among the gainers.
'I want to make as big of an impression as I can and then just try and make the next camp. But obviously, every little kid's dream is to play in a World Cup.'
Prime Minister Narendra Modi on Sunday visited Dr Hedgewar Smruti Mandir in Nagpur and paid tributes at memorials dedicated to Rashtriya Swayamsevak Sangh (RSS) founder Keshav Baliram Hedgewar, and second sarsanghchalak (chief) M S Golwalkar.
The Tesla careers page reveals there are 14 staff vacancies, of which 13 are based in Mumbai.
Tahawwur Hussain Rana, a Pakistan-born Canadian national and close associate of David Coleman Headley, is set to be extradited to India from the US. Rana was involved in the planning and execution of the 2008 Mumbai terror attacks, which killed 166 people, including six Americans. He assisted Headley in obtaining a visa for India, established a front company in Mumbai, and helped in reconnaissance of targets in Mumbai and New Delhi. Rana was convicted in the US for providing material support to Lashkar-e-Taiba (LeT) and sentenced to 14 years in prison. His extradition to India will allow authorities to question him about his involvement in the Mumbai attacks and potentially uncover new information about the role of Pakistani state actors.
S&P Global Ratings on Tuesday said the Indian economy is set for "resilient growth" in 2025 and projected inflation pressure to recede which will lead to "modest" easing of the monetary policy by the RBI. In its India outlook for 2025, S&P also retained India's growth forecast for current fiscal at 6.8 per cent, followed by 6.9 per cent growth in 2025-26.
Rescue efforts to locate eight people trapped in a collapsed tunnel in Telangana continue, with over 500 rescuers working on a war footing. Despite days of intensive search and rescue operations, no breakthrough has been achieved yet. Authorities have dismissed reports of bodies being found in the debris and are working to clear the debris and access the trapped workers. The tunnel collapse occurred on February 22, trapping eight personnel working on the Srisailam Left Bank Canal (SLBC) tunnel project. Among the trapped are two engineers, two operators, and four laborers.
A round-up of Saturday's action in the Premier League.
Gross GST revenue rose 12.3 per cent to Rs 1.96 lakh crore in January on higher domestic economic activity, government data showed on Saturday. This includes 10.4 per cent growth in revenue from sale of goods and services domestically at Rs 1.47 lakh crore and 19.8 per cent rise in tax revenue from imported goods at Rs 48,382 crore.
Mail your wife's photographs and tell us why you love looking at her to getahead@rediff.co.in (SUBJECTLINE: My Wife).
Film folk are shocked at the attack on Saif Ali Khan.
Here is what you need to know about the year's Australian Open:
For the first time, the event will take place across three locations in Delhi: Bharat Mandapam at Pragati Maidan, Yashobhoomi Convention Centre at Dwarka, and India Expo Mart at Greater Noida.
Erigaisi also requested External Affairs Minister S Jaishankar, Sports Minister Mansukh Mandaviya and the All India Chess Federation (AICF) to help him get the visa.
India's services sector activity witnessed a sharp uptick in February boosted by improving domestic and international demand, which resulted in a quicker expansion in output and a substantial increase in employment, a monthly survey said on Wednesday. The seasonally adjusted HSBC India Services PMI Business Activity Index rose from January's 26-month low of 56.5 to 59.0 in February, indicating a sharp rate of expansion.
India needs another shot of difficult reform, of the kind only possible at gunpoint. Mr Trump holds that gun to our heads now. A drastic reduction in tariff protection, other elements of sarkari wet-nursing will force entrepreneurial India to become competitive again, argues Shekhar Gupta.
This Women's Day week, we salute India's first female doctor, Anandibai Gopal Joshi. Her achievement opened the gates of freedom and liberty for India's women.
Equity mutual funds attracted Rs 39,688 crore in January, driven by sharp inflow in small and midcap schemes, even as market volatilities continued. However, this was 3.5 per cent lower than the net inflow of Rs 41,156 crore registered in December.
Mohammed Shami has etched his name in the record books, becoming the fastest Indian and the second-fastest bowler in the world to claim 200 wickets in ODIs
With India's EV penetration at just 2.5 per cent, the market presents an opportunity -- provided Tesla gets its pricing right.
A top official of a franchise welcomed the steps taken by the BCCI.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
Many travellers are now opting for domestic destinations like Goa, Kerala, Rajasthan, Lakshadweep, Himachal Pradesh, and the North East.
Gross GST collections rose by 9.1 per cent to about Rs 1.84 lakh crore in February, boosted by domestic consumption and indicating potential economic revival. As per the official data released on Saturday, on a gross basis, mop up from Central GST stood at Rs 35,204 crore, State GST at Rs 43,704 crore, Integrated GST at Rs 90,870 crore and compensation cess of Rs 13,868 crore.
Indian Railways has announced a compensation of Rs 10 lakh each for the next of kin of those killed in the stampede at New Delhi Railway Station. Those seriously injured will receive Rs 2.5 lakh, and those with minor injuries will receive Rs 1 lakh. The stampede occurred late Saturday night, resulting in at least 18 fatalities and more than a dozen injuries. The incident was triggered by a surge in passengers waiting to board trains for Prayagraj, where the Maha Kumbh is taking place, on platforms 14 and 15 of the station.
IT services company Infosys has laid off over 300 freshers who underwent foundational training at its Mysuru campus but could not clear internal assessments after three attempts, according to sources. IT employee union NITES, however, said the number of freshers affected by the move was much higher, and threatened to lodge an official complaint with the Ministry of Labour and Employment, seeking urgent intervention and strict action against the company.
Among the 30-share Sensex blue-chip firms, NTPC, Hindustan Unilever, Tata Motors, Maruti, Larsen & Toubro, Reliance Industries, Asian Paints and State Bank of India were the biggest laggards. Bharti Airtel, IndusInd Bank, Tech Mahindra, Infosys, Adani Ports and Tata Consultancy Services were among the gainers.
How Allu Arjun starts his mornings... Hina's health update... Tiger goes black...
The stocks are largely from sectors such as chemicals, finance and cement, which struggled earlier but the worse seems to be behind them.
From the 30-share blue-chip pack, Larsen & Toubro rallied nearly 5 per cent. Adani Ports, IndusInd Bank, Tata Motors, Reliance Industries, UltraTech Cement and Asian Paints were also among the major gainers. ITC Hotels, Zomato, Nestle and Maruti were among the laggards.
State Bank of India, Adani Ports, Tata Consultancy Services, ICICI Bank, Reliance Industries and PowerGrid were also among the laggards.
National Conference Srinagar MP Aga Ruhullah Mehdi, along with Peoples Democratic Party leaders Waheed-ur-Rehman Parra, Sheikh Khursheed and others, led a peaceful protest on Monday, December 23, 2024, outside Chief Minister Omar Abdullah's residence in Srinagar.
Finance, ICICI Bank, Mahindra &h Mahindra, Kotak Mahindra Bank and Titan were among the gainers. Bharti Airtel, Adani Ports, Tech Mahindra, Reliance Industries, Axis Bank, Larsen & Toubro were the laggards.
Designer duo Shivan and Narresh, who are facing backlash for displaying 'obscene' garments at a fashion show in Gulmarg last week, have said their sole intention was to celebrate creativity and regret any hurt caused by the event during the holy month of Ramzan.
A round-up of Saturday's action in the Premier League.
