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.
India's GHI Score is based on the values of four component indicators: 13.7 per cent of the population is undernourished, 35.5 per cent of children under five are stunted with 18.7 per cent of them being wasted, and 2.9 per cent of children die before their fifth birthday, the report notes.
After falling 17 per cent since the start of the year to its March lows, the stock of the country's largest pharmaceutical (pharma) company, Sun Pharmaceutical Industries, has clawed back nearly half of those losses. Recent acquisitions, a favourable court ruling in the case of the hair loss drug Leqselvi, an edge over peers owing to its specialty portfolio, and a diversified global presence have supported the recovery.
The Supreme Court of India has taken a strong stance against child trafficking rackets, canceling the bail granted to 13 accused and criticizing the Uttar Pradesh government for its inaction. The court expressed concern over the rising number of trafficking cases and the changing patterns of the crime. It also directed the state to ensure trafficked children are admitted to schools and receive support for their education.
India's mystery spinner Varun Chakravarthy believes the IPL presents a different challenge, stating that it's a "different beast".
The United Arab Emirates (UAE) has agreed to look into India's concerns over compliance to rules related to the import of silver products, platinum alloy and dry dates, the commerce department said on Tuesday. During a joint committee meeting under the India-UAE trade deal, officials from New Delhi raised concerns over the recent surge in imports of these products. These were being shipped to India, taking advantage of the lower tariffs under the pact.
Five of the seven newly sworn-in ministers in Delhi, including the chief minister, have declared criminal cases against themselves, while two are billionaires, according to the Association for Democratic Reforms (ADR). The findings are based on self-sworn affidavits submitted by the ministers ahead of the 2025 Delhi Assembly Elections. The report highlights that five ministers, including Chief Minister Rekha Gupta, have declared criminal cases against themselves, with one minister, Ashish Sood, facing serious criminal charges. On the financial front, two ministers are billionaires, with Manjinder Singh Sirsa having the highest declared assets worth Rs. 248.85 crores and Kapil Mishra having the lowest at Rs 1.06 crores. The average assets of the seven ministers stand at Rs 56.03 crores. All seven ministers have declared liabilities, with Parvesh Sahib Singh having the highest at Rs 74.36 crores. Six ministers have declared educational qualifications of graduate level or above, while one has completed only the 12th standard. Five ministers are between 41 and 50 years old, while the remaining two are aged between 51 and 60 years. The cabinet includes only one woman minister, the chief minister.
'We'll be putting our thinking caps on how to nullify that threat while still scoring runs against him.'
A 65-year-old Pakistani man, Nadir Munir Khan, has been residing in a room at the Mata Ramabai Ambedkar Marg police station in Mumbai for the past four months, awaiting deportation after serving a sentence for illegal entry into India. He was arrested in April 2024 for being found roaming suspiciously near Chhatrapati Shivaji Maharaj Terminus without a visa or necessary documents. Khan claims he was cheated in Nepal, assaulted, and robbed, leading him to enter India illegally. The police have contacted Pakistani authorities and are awaiting their response for Khan's deportation.
India's biggest telecom players, Bharti Airtel and Reliance Industries-backed Jio Platforms, will soon bring billionaire Elon Musk-led SpaceX's Starlink satellite services to India. According to analysts, the move could boost India's tele density, especially in the rural areas, and may be an opportunity for investors to add the two stocks on dips for long-term gains
The Real Effective Exchange Rate (REER) of the rupee moderated in December to 107.20 after hitting a peak of 108.14 in November, latest data released by the Reserve Bank of India (RBI) showed. The REER was 103.66 in January 2024. The rupee depreciated around 3 per cent against the dollar in 2024.
'If they aim to remain aligned with the public sentiment, as any democratic government should, then they must respond. Why else would the prime minister have cut short his visit to Saudi Arabia? And why would he have instructed the home minister himself to travel to Srinagar to assess the situation firsthand? This suggests that something is indeed being planned. I am quite certain of that, although the exact form it will take remains to be seen.'
The scale of illegal gambling and betting in India is staggering, with 1.6 billion visits recorded between October and December 2024 across four analysed platforms -- Parimatch, Stake, 1xBet, and Battery Bet.
'The work is already on with various data being studied.'
Delhi International Airport Limited (DIAL), which operates India's largest airport, dismissed the expert committee report as "inaccurate", claiming it relied on "probabilities, hypothesis, and conjectures" rather than empirical data or complete documentation.
The Union government is expecting to rake in Rs 100-200 crore in additional revenue from Pillar Two, only under specific circumstances, a senior finance ministry official said requesting anonymity. It is proceeding cautiously, and is unlikely to implement rules anytime soon, the source said.
'Christians, for example, make up 2 per cent of India's population but an estimated 16 per cent of those who were born in India now reside elsewhere,' said Pew.
Among the cities that have fully implemented their projects are Agra, Varanasi, Madurai, Coimbatore, Udaipur, Pune, Surat, and Vadodara
In a huge setback to Tahawwur Hussain Rana, a United States court has ruled that the Pakistani-origin Canadian businessman could be extradited to India where is wanted for his involvement in the 2008 Mumbai terror attack carried out by Pakistan-based Lashkar-e-Taiba terrorists.
'Muslims need to work according to strategy and not fall into the trap of Opposition parties.'
ISRO's vendor policy and quality control processes are under scanner.
At this point it is still anyone's game, with a draw also an option, says Prem Panicker in his analysis of Day 4.
The Indian government has established two expert committees aimed at elevating the country's sports performance.
The fervour for the India-Pakistan match is so intense that for many beating Pakistan in Dubai seems even more important than winning the Champions Trophy itself, observes K R Nayar, the veteran cricket writer.
GAIL India's second quarter (Q2FY25) performance met expectations.
Caught by Wicket-keeper Alex Carey after edging a Pat Cummins delivery, Rohit's shot selection and technique highlighted the technical difficulties Pujara believes stem from his batting position shift.
The revenue growth of Indian companies for the July-September quarter is estimated to be 5-7 per cent year-on-year (Y-o-Y), marking the slowest growth in 16 quarters, rating agency CRISIL said on Thursday.
What is pushing students to take this extreme step?
Former cricketer Anil Kumble reacted to India's disappointing defeat to New Zealand in the second Test of the series in Pune, stating that India's batting has let the hosts down.
FOMO-driven investing is reshaping India's stock market. Swati Saxena explains how social media hype fuels risky bets and how to protect your wealth.
The Supreme Court of India has formed a National Task Force (NTF) to address the growing concern of student suicides in higher educational institutions. The court took note of the recurring cases and directed Delhi Police to register FIRs on the complaints of families of two students who died by suicide at IIT Delhi in 2023. The NTF, chaired by former apex court judge Justice S Ravindra Bhat, will prepare a comprehensive report, including the identification of causes leading to suicides, analysis of existing regulations, and recommendations for strengthening protections. The NTF will also have the authority to conduct surprise inspections of higher educational institutions and make further recommendations to ensure a holistic approach to addressing mental health concerns and eliminating suicides.
'The US has agreed to negotiate with us a mutually beneficial bilateral trade agreement, which will go for reduction of tariffs on both sides so that our trade can grow.'
A Canadian man has been arrested for allegedly carrying a crocodile skull in his bag at Indira Gandhi International (IGI) Airport in New Delhi, the customs department said on Thursday.
French wine and spirits maker Pernod Ricard expects to report low double-digit growth in India in the medium-term on the back of a strong premiumisation trend emerging in the country. "We are now the second market worldwide for Pernod Ricard and India continues to be a big growth engine for the group. "Our compoun annual growth rate (CAGR) over the past five years was 8 per cent, which is robust and was maintained at a rather high level," said Jean Touboul (pictured), chief executive officer, Pernod Ricard India.
When you are defending to save a game, a loose delivery comes along and you suddenly opt to play an attacking shot, you are unlikely to hit as well as if you were playing your naturally aggressive game all along. First Pant, then Jaiswal, found that out the costly way, observes Prem Panicker.
What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.
'Binary fission will happen -- startups will lead to more startups.'
Economists at the country's largest lender SBI on Wednesday said they see Q2 real GDP growth slowing down further to 6.5 per cent in the September quarter of this fiscal year. Amid concerns over the country's economic growth rate and if it is slowing down, the analysts said they expect FY25 growth to come "closer to" 7 per cent. It can be noted that the April-June period saw the real GDP expanding by 6.7 per cent, the lowest in 15 quarters.
'It was probably one of the best barbecues I've seen, to be honest with you. It came out of the blue'
Calling Canada's behaviour 'the pits', India's recalled high commissioner Sanjay Verma says India was backstabbed and treated in a most unprofessional manner by a country that is supposed to be a friendly democracy.
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