Wealth, which can broadly be a measure of assets held as opposed to income earned, is unequally distributed.
Bankers said the outlook of M&As in India in 2024, especially in the second half after the Lok Sabha election, seems relatively better.
After a tentative start, quick commerce (q-commerce) is ablaze, with Blinkit and Zepto slugging it out in a market distinct from other competitors. The latest entrant is Flipkart, which is ramping up its infrastructure in around 12 cities where it will launch the service in the next six to eight weeks, taking on existing players such as Blinkit, Zepto, Instamart, and BigBasket, among others. According to data analysed from Sensor Tower by BofA Global Research, the daily active user (DAU) base of Blinkit has grown by 58 per cent between February 2023 and February 2024.
Holders Manchester City cruised into the Champions League quarter-finals for the seventh consecutive season with a 3-1 victory over FC Copenhagen.
Facing opposition fire for exit polls allegedly being used for stock market manipulation, Axis My India's chief Pradeep Gupta has said he is open to facing all kinds of investigations and it would help do business in a much better way if the government frames specific regulations for pollsters.
IMAGES from the semi-final match between India and England played at the Providence Stadium, in Guyana on Thursday.
Continuing to reclaim lost ground in the ATP rankings, Somdev Devvarman jumped 65 places to 250th to be India's best-placed singles player in the list issued on Monday.
Vidwath Kaverappa dismissed Faf du Plessis and Will Jacks but had Virat Kohli dropped twice off his bowling.
'Sonia did not visit this place once since she won. Who's to say they won't lose this one, too?'
Few in Varanasi expect the result to be different from 2014 and 2019. The only point of interest is whether Narendra Modi will increase his winning margin against his rivals.
Shubhankar Sharma dropped a late bogey after a splendid front nine to shoot 6-under 66 and grab the joint lead at the Horizon Irish Open.
'Rahul Gandhi is going to turn 54 and in India political leaders peak when they are around 60.' 'This 'bhai-behen ki jodi' has done a wonderful job for the Congress.' 'Priyanka Gandhi was a very effective campaigner.'
Lyon will be lauded for his 10-108 over the match, there was little doubt that Green's brilliant knock in a 10th-wicket partnership of 116 runs with Josh Hazlewood set the platform for the victory.
Ramalingam Kalirajan explains the pros and cons of both investment types.
Of late, Bollywood is showing a lot of interest in planes, the commercial and fighter varieties. And audiences seem to love it too!
The country's six largest smallcap schemes would require more than 20 days to liquidate half of their holdings, despite most of them maintaining high cash levels and having considerable exposure to more liquid largecap stocks, stress tests conducted by fund houses reveal. For midcap funds, the time required to sell half of the assets of the top six schemes varies between seven and 34 days, according to disclosures made by asset management companies. The Securities and Exchange Board of India (Sebi) had called for such tests in the face of strong inflows into smallcap and midcap funds, despite concerns over high valuations, to keep investors better informed.
New opener Steve Smith, thrust into the role after David Warner's retirement, fell to Roach for six in the first over of Australia's innings when a seaming delivery was adjudged lbw on review.
Asian Games trials exemption to Phogat, Punia: HC to pronounce order on Saturday
India's largest PSU bank, State Bank of India, delivered excellent results, once the impact of a big jump in employee expenses was adjusted for. The net interest income (NII) beat the Street due to a better net interest margin (NIM) and good loan growth. The credit growth at 5.2 per cent quarter-on-quarter (Q-o-Q) (15 per cent year on year) was excellent for a large bank.
In a bid to enhance its equity exposure and earn higher returns for its nearly 65 million subscribers, the Employees' Provident Fund Organisation (EPFO) is considering reinvesting 50 per cent of its exchange-traded funds (ETFs) redemption proceeds back into equity. Sources close to the development said a proposal regarding this was discussed in the investment committee (IC) meeting in October last year, and the recommendation has been sent to the Central Board of Trustees (CBT), the apex decision-making body of the EPFO for its approval. The next CBT meeting is scheduled to be held on Saturday.
The domestic technology industry's revenue is projected to grow 3.8 per cent to $254 billion this fiscal, industry body Nasscom said on Friday and highlighted creation of 60,000 more jobs during this period. The industry had clocked a revenue of $244.6 billion in the same period last year, according to Nasscom's annual strategic review report. Excluding hardware, the revenue is expected to touch $199 billion, a growth of 3.3 per cent over FY23, as per the report.
Shubhankar Sharma shot his best round of 2023 as he fired a flawless 7-under 65, that included an eagle and five birdies.
Young Indian Grandmaster D Gukesh finished fifth while his illustrious compatriot Viswanathan Anand could only manage a tied seventh place in the third leg of the 2023 SuperUnited Rapid and Blitz chess tournament.
La Liga leaders Real Madrid were held to a frustrating 1-1 draw at lowly city rivals Rayo Vallecano on Sunday as Joselu's early strike was cancelled out by Raul de Tomas' penalty, a result that could spice up the title race with surprise package Girona.
'One needs to understand what kind of means the BJP use to bring other party leaders in their party.' 'They are unscrupulous politicians and money plays an important role.'
Unprecedented success followed India at the junior wrestling World Championships on Thursday with three grapplers, including fast-rising Antim Panghal, storming into the gold medal bouts while Harshita will fight for bronze.
S L Narayanan, Harsha Bharathakoti, Karthik Venkataraman and Shamsiddin Vokhidov, the other players who had an outside chance of a shot at the title, missed out after drawn games.
'it's not just youth in India who are left behind because of their inability to find jobs; nearly two-thirds of Indian women of working ages do not participate at all in the paid labour force.'
Equity benchmark indices Sensex and Nifty on Friday reversed their six-session losing streak and rebounded more than 1 per cent on value buying in auto, IT, financial and energy stocks. Better than expected quarterly financial results of corporates also boosted investor sentiments even as uncertainties persisted over the escalating tensions in the Middle East, according to analysts. In a largely range-bound trade, the 30-share BSE Sensex rose 634.65 points or 1.01 per cent to settle at 63,782.80 points.
'What happens in the real estate market is that once the prices go up it goes on to stay at that level.' 'It might not increase and at the same time the prices will not come down too.'
Olympian Deepak Punia skipped the national trials, in Patiala on Saturday.
Apart from a place in the Candidates to be played in April next year in Canada, Vaishali got richer by US$25000 (Over Rs 20 Lakhs) while Vidit took home a whopping prize purse of US$80000 (Over Rs 66 Lakhs).
'We carry 6.5 billion passengers every year. We have crossed seven billion this year, and are targeting 10 billion by 2030.'
India decisively withstood global headwinds in 2023 and is likely to remain as the world's fastest-growing major economy on the back of growing demand, moderate inflation, stable interest rate regime and robust foreign exchange reserves. Despite widespread pessimism witnessed among the developed nations and the worsening geopolitical situation, India recorded a gross domestic product (GDP) expansion of 6.1 per cent in the March quarter. The growth moved up to 7.8 per cent in the June quarter and was 7.6 per cent in the September quarter. For the first six months of this fiscal, the growth was 7.7 per cent.
The fast-moving consumer goods (FMCG) sector has underperformed the Nifty over the past year as its 20 per cent return is trumped by 29 per cent of the benchmark index. The FMCG index saw a 2.2 per cent drop in the last session, while the Nifty lost 1 per cent. FMCG is seen as a defensive segment. The demand for staples like personal care products, groceries and snacks tend to be stable. FMCG companies are consistent dividend-payers.
Opener David Warner brushed aside any doubts about his Test match pedigree on Thursday with a brutal 164-run assault on Pakistan's bowlers.
Eight BJP-ruled states have fully vaccinated 50 per cent of their eligible population with the coronavirus vaccine and seven of them have inoculated 90 per cent people with the first dose, numbers not yet achieved by any state ruled by the Congress and its allies, official sources said Monday.
Corporate clients form more than half of the business for most branded hotels, especially in cities.
Mamata Shankar remembers the amazing actor Sreela Majumdar, who passed into the ages last week.
From its lows in December, the stock of Tata Motors is up about 15 per cent. The gains came on the back of better than expected December volumes in its UK-based subsidiary Jaguar Land Rover (JLR). This coupled with gradual recovery in the global passenger vehicle demand, improving profitability due to product mix and lower commodity costs are expected to be key positives for the company.
