By taking the mutual fund route, investors can take exposure to gilts with small amounts. Over a decade or more, returns from these funds tend to be sound.
A procession of barges will take nearly 7,000 athletes along the river past Paris's most famous landmarks, while more than 300,000 spectators will watch from the banks.
FICCI said India is losing billions of dollars in taxable revenue (an estimated Rs 12-20,000 crore annually) through black marketing operations in sports betting.
Two Italian players, including the country's number one Potito Starace, have been banned by the ATP for betting on tennis matches, the Italian Tennis Federation (FIT) said on Saturday.
Illegal betting is as big a threat to the integrity of sports as doping and could one day hit the Olympics, International Olympic Committee president Jacques Rogge said on Thursday.
The Russian was embroiled in a betting controversy after he retired from his match against Vasallo Arguello in Sopot last week.
The market capitalisation of BSE-listed companies jumped to a lifetime peak of Rs 404.18 lakh crore on Thursday helped by a five-day rally in benchmark indices, making investors richer by Rs 11.29 lakh crore. Recovering after a sell-off in early trade, the 30-share BSE Sensex climbed 486.50 points or 0.66 per cent to settle at 74,339.44 on Thursday. During the day, it surged 718.31 points or 0.97 per cent to 74,571.25.
The customary naadan or home-cooked meal is rather memorable fare.
Instead of getting swayed by market gyrations, investors must stay invested for the long term, advises Sarbajeet K Sen.
Describing India as a 'grey market' for gambling in cricket, former International Cricket Council chief Ehsan Mani urged the International Cricket Council to ask the Indian government to legalise betting.
Ivan Toney, once Brentford's lynchpin in attack, has moved to Al-Ahli for 40 million pounds ($52.50 million).
US tech giant IBM is betting big on the India growth story and plans to open more software development centres in the country as it looks to partner with the government in its digitisation journey, its chairman and CEO Arvind Krishna said on Friday. On a visit to India, Krishna met Finance Minister Nirmala Sitharaman, Telecom Minister Ashwini Vaishnaw and Minister of State for IT Rajeev Chandrasekhar to discuss deeper collaboration including skilling and workforce development. The firm that originally designed the technology and system behind ATMs, barcodes and the US social security net, is greatly enthused with the speed at which the Indian government is willing to make decisions and where it is moving, he told a select media briefing.
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
Iga Swiatek will be looking to join a select band of players who have lifted the Suzanne Lenglen Cup four times
The Union Cabinet on Wednesday approved changes to GST laws to levy a 28 per cent tax on the full face value of bets in online gaming, casinos and horse race clubs, sources said. The amendments to the Central GST (CGST) and Integrated GST (IGST) acts, which were approved by the GST Council last week, are likely to be introduced in the ongoing monsoon session of Parliament, which will end on August 11. The GST Council in its 51st meeting on August 2 recommended amendments to the Schedule III of the CGST Act, 2017, to provide clarity on the taxation of supplies in casinos, horse racing and online gaming.
Red Bull have won 20 of the 21 races so far, another F1 record, and Verstappen has won in Abu Dhabi for the past three years. Both titles have already been clinched.
Tennis accounted for nearly three quarters of all the suspicious betting alerts issued last year, the European Sport Security Association (ESSA) said in a report published on Thursday.
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.
In the coming assembly election, negotiations over seat-sharing will be as important as actual outreach to voters.
Sunil Gavaskar has hit out at Gurunath Meiyyapan, son-in-law of ICC President N Srinivasan, over his involvement in betting and also questioned the Tamil Nadu strongman's silence in the whole spot-fixing and betting issue.
The students claimed that Ashoka University, based in Haryana's Sonipat, has research partnerships with Tel Aviv University, ongoing faculty visits for teaching, student mobility (outbound and inbound), research collaboration, short-term study opportunities as well as joint programmes.
Notwithstanding expectations of a pick-up in construction activity during a seasonally strong January-March quarter (fourth quarter) of 2022-23 (FY23), analysts are cautiously optimistic about the building material sector - encompassing paints, pipes, wood panels, tiles, metals, and cement - as volatile input costs, coupled with fears of a global slowdown, are making demand projections uncertain. Against this backdrop, analysts suggest investors stay selective and pick stocks of companies with stronger brand recall, expanding distribution network, diversified product profile, healthier balance sheet, and sustainable cash flow. "The government's various proposals under Budget 2023-24 (FY24) may lead to the building material segment growing between 8 per cent and 12 per cent for the next five years.
The body of Sushil Das (62), who was missing since the last two days, was found in a well at Achhoti village under Anda police station limits on Tuesday afternoon and prima facie it looks like a case of suicide, Durg Senior Superintendent of Police Ram Gopal Garg said.
A list of 10 rising outsiders from whom wonders can be expected in the years to come.
The Enforcement Directorate (ED) on Friday arrested a suspected Delhi-based bookie after launching searches in multiple cities.
Yashasvi Jaiswal will aim to add his bit to the combination conundrum with a handy contribution while Arshdeep Singh and Mohammed Siraj need to put their best foot forward during India's only T20 World Cup warm-up game against Bangladesh ahead of their tournament opener on June 5.
Information technology (IT) companies have been on the road to revival in the past one year. From being the worst-hit sector in 2022 with a loss of 26 per cent, the Nifty IT index closed 2023 with gains of 24 per cent. So far in 2024, the index is up around 7 per cent against the nearly flat Nifty 50 benchmark index. The IT index has been on a continuous decline in the last three sessions.
ICC's Anti-Corruption chief Lord Paul Condon said players are still susceptible to accepting bribes to under-perform during a particular phase of a match.
Mutual funds (MFs) invested a record Rs 1.73 trillion in equities in the financial year 2022-23 (FY23), providing strong support to the Indian markets at a time when foreign investors were redeeming their holdings. They exceeded the previous high of nearly Rs 1.72 trillion investment in equities in FY22. The data from the Securities and Exchange Board of India (Sebi) shows MFs were net buyers in the equity market in eleven of the twelve months last financial year.
Spanish second division clubs Las Palmas and Rayo Vallecano, and seven professional players are to be investigated in a probe into betting on matches, Las Palmas said on their website.
The Crime Branch of Chandigarh Police on Sunday said that it had cracked a major cricket-betting racket and arrested four bookies in the city.
The tide of startup-funding is turning in India, with a rising trend of overall funding while the deal sizes grow bigger. However, the spotlight now is on late-stage startups, many of which are seen to be headed for initial public offerings (IPOs). Record surge in stock markets and consistently improving performances of listed startups are understood to have turned the sentiment for the better, especially for those that exhibit a clear path to an IPO.
Amit A Shah holds a stake in 180 listed entities, according to data disclosed in his election affidavit.
'Where betting is legalised it is heavily regulated and they work in close conjunction with us, so it does assist us' 'Sometimes these corruptors are like paedophiles and what I mean by that analogy is that they are prepared to spend a long time particularly grooming young players'
In addition to the negative sentiment as a consequence of changes announced in the Union Budget 2023-24 concerning tax treatment for debt repayment distribution, concerns about hiring slowdown and its leasing impact, as well as higher interest rates, could blight the sector in the near term.
Bhupendra Patel can never really break free of intervention from New Delhi. But if he can win over the Gujaratis and improve the BJP's tally substantially, he will have proved that he should be taken seriously.
In India's fifth year of deficit-fuelled poor-quality growth, an investment recovery will still be distant.
If you are a budding developer and interested in Web3, chances are that you will be headed to one of India's largest-ever meetings of Web3 developers, being held by Polygon, a Web3 platform. The company's ongoing "Web3: Made in India Tour" is expected to see close to 4,000 developers coming together at the inaugural Polygon Connect event in Bengaluru on December 1. The event highlights the growing dominance of Web3 developers from India, as well as the sector's rising interest to investors, who continue to invest in startups despite a funds crunch.
Have a Plan B in place if the tide turns against you.
