A lady ties a rakhi made up of gold and silver onto a cut-out of Prime Minister Narendra Damodardas Modi on the eve of Raksha Bandhan in Ahmedabad, August 10, 2022.
Invest with a 5 to 7 year horizon so that you are able to ride out price volatility and benefit from the long-term trends of demand and macroeconomic shifts.
Abe Shinzo's murder is a personal loss for Prime Minister N D Modi, one of the Japanese leader's international friends -- Modi was the only world leader Abe followed on social media back in 2014 -- and the two prime ministers charted out a new road map for India-Japan relations that grew stronger in the Abe era and in the years since he stepped down.
England's stuttering title defence at the 50-overs World Cup eventually crumbled on Saturday
Automobile retail sales in India declined 9 per cent year-on-year in September amid a massive buildup of passenger vehicle inventory due to sluggish demand, dealer's body FADA said on Monday, urging original equipment manufacturers to take corrective steps. The overall registrations declined to 17,23,330 units last month from 18,99,192 units in September 2023, as most of the categories including passenger vehicles and two-wheelers witnessed a year-on-year (Y-O-Y) drop.
The high court said in a habeas corpus case, there is a sense of urgency with which the court has to act as the missing person could be in danger and under such circumstances, the UIDAI can be directed to provide the data forthwith.
From the Sensex basket, ITC, Kotak Mahindra Bank, Bharti Airtel, State Bank of India, Asian Paints, Tech Mahindra, Reliance Industries and Nestle were the major gainers. Maruti, HDFC Bank, Larsen & Toubro and Mahindra & Mahindra were among the laggards.
Moody's Investor Service on Tuesday said banks' exposures to Adani are not large enough to affect their credit quality materially. "While we estimate that the exposures are larger for public sector banks than for private sector banks, they are smaller than 1 per cent of total loans for most banks," it said. "Risks for banks can increase if Adani becomes more reliant on bank loans."
Chappell said the upcoming five-match Test series in Australia "will be as much a battle of wits and endurance as it will be of skill, with each player needing to summon the drive and adaptability of their younger selves."
Bazball is fine, but England Test team needs common sense: Boycott
Former cricketer Sanjay Manjrekar says he would have picked a much younger Indian squad for the T20 World Cup since loading the side with seniors has not worked in the past.
The Q2FY25 revenue for Coal India (CIL) was reported at Rs 30,700 crore (down 6 per cent year-on-year or Y-o-Y and 16 per cent sequentially). The blended average selling price was Rs 1,622/tonne (down 6 per cent Y-o-Y and 3 per cent quarter-on-quarter or Q-o-Q). Adjusted operating profit stood at Rs 7,200 crore (down 20 per cent Y-o-Y and 38 per cent Q-o-Q) due to lower-than-expected e-auction volumes and higher costs.
India's youngsters put their hands up in crucial situations to power the hosts to a five-wicket win over England. With the stellar victory over Ben Stokes and Co in Ranchi, India bagged the series with a game the spare.
The World Bank on Tuesday raised the growth forecast for the Indian economy to 7 per cent for the current fiscal year on the back of recovery in agri sector and rural demand. World Bank had in June projected India to grow at 6.6 per cent for FY24. According to the World Bank Report released on Tuesday, India's growth continues to be strong despite a challenging global environment.
Gujarat was labelled Hindutva's crucible and Modi was to become the chief 'chemist'. A revealing political saga excerpted from Nilanjan Mukhopadhyay's The Demolition, the Verdict and the Temple: The Definitive Book on the Ram Mandir Project.
Abu Dhabi's International Holding Company, one of the first high-profile investors in billionaire Gautam Adani's conglomerate, has decided to sell its stake in two Adani companies. In a disclosure, IHC said it has "entered into a definitive agreement with a buyer to dispose of its FDI investment in Adani Green Energy Ltd and Adani Transmission Ltd". It, however, did not name the buyer.
Former Australian coach John Buchanan on Thursday congratulated Jay Shah on becoming the International Cricket Council (ICC) chairman and expressed hope that the incumbent Board of Control for Cricket in India (BCCI) secretary will be able to make all three formats of international cricket a priority for all in the age of T20 franchise cricket.
PHOTOS from the ICC World Cup opener played between England and New Zealand at Ahmedabad on Thursday
The National Company Law Tribunal (NCLT) on Tuesday questioned the maintainability of the insolvency plea filed against air carrier SpiceJet by one of its operational creditors Willis Lease Finance Corporation. A two-member NCLT bench comprising Members Mahendra Khandelwal and Rahul Prasad Bhatnagar observed that Willis Lease Finance Corporation has withdrawn its insolvency plea for the same dispute in March 2023 and has approached again with a new plea. The bench wanted to know as Willis Lease Finance Corporation, an aircraft lessor, had filed again for a similar cause of action within a few months.
Pakistan Cricket Board (PCB) chief Zaka Ashraf on Friday gave a pep talk to the Pakistan cricket team ahead of its much-anticipated World Cup match against arch-rivals India in Ahmedabad on Saturday.
Yuvraj feels India needs someone with Rohit's expertise to lead the Indian team at the marquee event.
India's three-wheeler exports, which have been on a downhill trajectory over the past few years, are showing no signs of recovery in FY25, with key markets like Sri Lanka, Bangladesh, Nigeria, and Egypt witnessing subdued demand. In May, the country's exports plummeted 11.3 per cent year-on-year (Y-o-Y).
The gap between market capitalisation of Hong Kong and India has dwindled significantly. At present, India's market cap stands at approximately $4.3 trillion, while Hong Kong's is around $4.7 trillion. In the depths of the Covid-19 crisis in March 2020, Hong Kong's market cap, at $4.6 trillion, was 3.44 times larger than India's.
Led by a $6.5 billion surge in personal net worth on Tuesday, Gautam Adani, chairman of the Adani Group, is back in the top 20 of the world's richest list and is now ranked 19th globally. Adani is also now India's second richest with a net worth of $66.7 billion as of Tuesday, per the Bloomberg Rich List, while Mukesh Ambani, chair of Reliance Industries, is ranked number one in India and number 13 in the world with a net worth of $89.5 billion.
The Rs 20,000 crore share sale of Adani group's flagship firm was fully subscribed on Tuesday after non-retail investors bid in big volumes, according to stock exchange data. As many as 4.62 crore shares were sought as against an offer of 4.55 crore.
Stocks of Indian steel companies are reeling from pricing pressure that is partly blamed on cheap imports. The stocks have declined up to 9 per cent on the NSE in one month, likely allowing investors an opportunity to use the correction to enter the pack as pricing pressure eases. "In steel or any other commodity, if prices or spreads are nearing their bottom, it can be an opportune time to invest in those stocks. In India, domestic fundamentals such as steel consumption remain robust, hence one can take fresh positions in these counters," said Amit Dixit, an analyst at ICICI Securities.
Benchmark stock indices Sensex and Nifty rallied more than 1.6 per cent to close at lifetime high levels on Thursday following buying in banking, oil and auto shares and a record dividend payout by the RBI to the government. Regaining the 75,000 level after its best single-day gain since January 29, the 30-share BSE Sensex closed at all-time peak of 75,418.04, up by 1,196.98 points or 1.61 per cent over the last close.
Jalan Kalrock Consortium, the winning bidder for the revival of grounded carrier Jet Airways, on Friday said it has infused an additional Rs 100 crore in the airline as per the court-approved resolution plan. With this, the consortium has "fulfilled" its total financial commitment of Rs 350 crore to revive the airline, which would pave the way for it to take over the ownership of Jey Airways, JKC (Jalan Kalrock Consortium) said in a statement. JKC also said it is expecting the airline to be up and running next year with the launch date likely to be announced in the next few days.
rediffGURU Radheshyam Zanwar, founder of Zanwar Classes, helps aspirants prepare for competitive exams such as MHT-CET, IIT-JEE and NEET-UG.
England's sportsmanship came into question during the Ranchi Test as Ben Foakes claimed he caught Yashasvi Jaiswal that was deemed not out by the third umpire.
'It's gruelling. Playing a five-match series is not easy. That's what Test cricket is all about.'
Pakistan cricket team's director Mohammed Hafeez is reportedly making a lot of players in the side "restless" and the major reason behind the simmering disquiet is his tendency to hold "long meetings and lectures".
Larsen & Toubro, Axis Bank, Reliance Industries, UltraTech Cement, Mahindra & Mahindra, IndusInd Bank, ICICI Bank and Tata Steel were the other big gainers. Sun Pharma, HCL Technologies, Asian Paints, Nestle and Infosys were the laggards.
Production of eight infrastructure sectors expanded at a four-month high of 7.8 per cent in January 2023 on better show by coal, fertiliser, steel and electricity segments, according to official data released on Tuesday.
Wholesale price-based inflation remained in the negative territory for the fifth straight month in August at (-)0.52 per cent, but prices of food articles and fuel showed an uptick. The wholesale price index (WPI) based inflation rate has been in the negative since April and was (-)1.36 per cent in July. In August last year it was 12.48 per cent. Inflation in food articles remained in double digit at 10.60 per cent in August, lower than 14.25 per cent in July.
Suryakumar Yadav maintained his numero uno position among batters despite being out of competitive cricket for past three months while ace spinner Rashid Khan, back in Afghan jersey after an injury lay-off, is back among top-10 in bowlers' list in the latest ICC T20I rankings published on Wednesday.
After picking up his coveted 500th Test wicket on Day 2 of the third Test in Rajkot, Ravichandran Ashwin withdrew from the ongoing Test on the same day itself.
The countdown has begun for Navratri, one of India's most popular and widely celebrated festivals.
Devon Conway and Rachin Ravindra scoring centuries in the same game is the first instance of two Kiwi batters scoring a century each in a World Cup match. It was also the first time two Kiwi batters scored a century each on World Cup debut.
Adani group plans to invest about Rs 1.3 lakh crore across its portfolio companies this fiscal as it doubles down on its $100 billion investment guidance over the next 7-10 years to grow businesses, group CFO said on Tuesday. The investment across portfolio companies that range from ports to energy, airports, commodities, cement and media will be 70 per cent met through internal cash generation and the remaining through debt, Group CFO Jugeshinder 'Robbie' Singh told reporters in Ahmedabad.
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