India should resist knee-jerk responses to tariff volatility in the US and instead use the current geopolitical churn to build manufacturing scale at home, former G20 Sherpa and former chief executive officer of NITI Aayog Amitabh Kant said on Wednesday.
'The pace of gold's ascent is striking, with prices rising from $3,500/oz to $4,000/oz in just 36 days -- far quicker than the historical average of 1,036 days taken to achieve similar $500/oz gains.'
In a significant breakthrough, the Special Investigation Team (SIT) of Meghalaya Police on Sunday recovered key evidence, including a missing gold chain of Raja Raghuvanshi, who was killed in Sohra last month.
A Rs 23,000-crore production-linked incentive (PLI) scheme for electronic components may boost margins and enable a broader product mix.
A BJP ally since the mid-90s, Kumar split with the party in 2014, only to realign three years later. In 2022, he again parted ways, vowing to dislodge the BJP from power at the Centre and bring together parties from across the country to form the INDIA bloc.
Newly-formed Ascent Capital, which is a separate investment entity carved out of UTI Ventures, recently raised $350 million (Rs 1,575 crore) for its first fund.
Gold prices hit a fresh record high of Rs 84,900 per 10 grams in the national capital on Friday, driven by robust domestic demand and strong global cues, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity continued its ascent for the third straight session, jumping by Rs 1,100 to hit a new peak of Rs 84,900 per 10 grams.
'We look at the opportunities that are going to come in various fields in the next 5 to 10 years, do some research and come up with business plans.' 'Then, we go and seek out founders who will run the actual business.'
'Of the 20 trading days of January till January 28, FIIs have been selling for 19 trading days'. 'When did FIIs withdraw money with this kind of intensity?' 'It never happened. It's the first. It did not happen even during the 2008-2009 financial crisis when Lehman went under.' 'Even then you did not have like a 19-day selling spree from the FIIs.'
Jan Suraaj founder Prashant Kishor has begun a fast unto death in Patna, demanding the cancellation of a recent examination held by the Bihar Public Service Commission (BPSC). Kishor's hunger strike comes after he gave a 48-hour ultimatum to the Nitish Kumar government to act on the demand, raised by aggrieved candidates who allege the exam was rigged. The administration has declared the hunger strike illegal as it is not the designated site for protests.
The US is currently Earth's most powerful country and a certain latitude of understanding -- a world view -- is popularly expected from its leadership. From a country identified with freedom, constitution, debate, democracy and the likes of Abraham Lincoln even as it had the most powerful military around, the US, following Trump's actions, seemed repositioned as militarily powerful with other qualities secondary, observes Shyam G Menon.
Jefferies, IIFL, and JM Financial - none of which were in the top five last year - have now claimed the top spots in the league tables for equity capital markets (ECM) during the first nine months of calendar year 2023 (CY23), a period characterised by small- and mid-sized transactions. This shift marks a significant change, with these firms outperforming the bulge-bracket investment banks. According to data provided by Refinitiv, Jefferies leads the domestic ECM market, having handled share sales worth $2.3 billion, representing 12.4 per cent of the total volume of $18.4 billion for ECM transactions.
Hike through Meghalaya's newest tourist magnet.
The foreign investors' attraction for India funds seems to be as restrained as in 2009, with only five such funds launched in the first two months of 2010, mobilising $492 million.
Only one male and five female wrestlers qualified for the upcoming edition. Here's a look at the strength and weakness of all the six contenders.
Sunil Narine and Varun Chakravarthy, have done an excellent job in restricting the oppositions but KKR's top-order batting has hurt them the most.
The finance ministry expects a broad-based moderation in inflationary pressures on the back of an anticipated reduction in food prices as a result of the uptick in summer sowing. The retail inflation rate remained stubbornly clung to the 5 per cent mark in seven of the past eight months. "Core inflation is trending downwards, indicating a broad-based moderation in price pressures... Driven by strong domestic growth and benign global commodity prices, core inflation is declining continuously.
Riding on a bull run, equity investors became richer by Rs 128.77 lakh crore in the 2023-24 fiscal, driven by robust fundamentals of the Indian economy, increased investment inflows and promising corporate earnings. After a muted performance in 2022-23, equity markets made a remarkable recovery in FY24, giving handsome returns to investors. The 30-share BSE Sensex climbed 14,659.83 points or 24.85 per cent in 2023-24.
There is no use of the BJP targeting the likes of Mamata Banerjee and M K Stalin, directly by the party's political bosses, both in Delhi and the respective state capitals, or even using the Raj Bhavans to fire those salvos from. Successive elections have proved that it's counter-productive, if anything. But the BJP is yet to understand it, acknowledge it, points out N Sathiya Moorthy.
Shubman Gill steps into the limelight as the fifth-youngest Indian captain in the IPL's 16-year history.
Know the forts India has nominated to the UNESCO World Heritage list.
Nextbillion Technology (Groww), the venture capital-backed broking platform, has dislodged Zerodha Broking as India's largest brokerage in terms of number of active clients. Groww had 6.63 million active clients at the end of September, as against Zerodha's 6.48 million, ending the latter's long run at the top. AngelOne and RKSV Securities (Upstox) were ranked third and fourth with 4.86 million and 2.19 million active clients, according to data available on the National Stock Exchange (NSE).
In a memorable year for the equity market, Dalal Street investors added a whopping Rs 81.90 lakh crore to their wealth in 2023 as a raft of positive factors powered a stellar rally in stocks. Experts said India's strong macroeconomic fundamentals, political stability owing to the BJP's success in recent elections in three significant states, optimistic corporate earnings outlook, signals from the US Federal Reserve about three prospective rate cuts next year and heavy retail investors participation played a major role in fuelling the stock market rally in 2023. In the year 2023, the 30-share BSE Sensex jumped 11,399.52 points or 18.73 per cent.
'We will likely never know why Xi decided not to travel to New Delhi. One possible explanation could be his desire to avoid a meeting with US President Joe Biden.'
The benchmark Nifty50 managed to reclaim its 200-day moving average (DMA) on Wednesday but about half of top 500 stocks continue to languish below this key technical indicator. The 200-DMA - nearly a year's average of closing prices - is analysed by traders to understand the market sentiment. A fall below these levels indicates a weak trend.
Their startup investments number 13 so far, compared to 17 deals in 2020.
National brands prefer the acquisition route since the southern market is culturally different, reports T E Narasimhan from Chennai.
Spanish teenager Carlos Alcaraz came from behind to beat world number one Novak Djokovic 6-7(5), 7-5, 7-6(5) to reach the Madrid Open final, where on Sunday he will face Alexander Zverev after the German defeated Stefanos Tsitsipas 6-4, 3-6, 6-2.
Delhi reported 290 fresh Covid cases on Sunday with a positivity rate of 0.55 per cent, while the number of new cases and the positivity rate rose to 331 and 0.68 per cent respectively on Monday.
As far as Hindus are concerned, the eclipse of Wokeism cannot come any sooner, says Rajeev Srinivasan.
Gold climbed to an all-time high of Rs 28,150 per 10 grams in the national capital on Friday, posting its biggest-ever single day gain of Rs 1,310 amid frantic buying triggered by robust demand in global markets.
KKR have plenty of resources in bowling but Karthik, it seems, has not been able to manage them well
Here's a quick at the two cousins, Akash and Anmol.
Harris, the daughter of an Indian immigrant from Chennai, scripted history by becoming the first-ever woman Vice President of the United States. She is also the first female, first Black and first South Asian American vice president.
Between October 21 and October 31, the rise in home isolation cases stood at over 41 per cent, as per the official figures.
Pemba Dorji Sherpa (26) scaled the world's highest peak in eight hours 10 minutes, breaking the record set by Lakpa Gelu Sherpa (36) of 10 hours 46 minutes in May 2003.
Like ants declining to question the rules of the anthill, they feel innately justified in their approach, notes Shyam G Menon.
'The BJP's solo aim in Mumbai and Maharashtra is to finish off the Shiv Sena and Sharad Pawar's NCP.'
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