'When democracy first came to Bhutan people had no idea and they were like 'What is that?' Oh it's that thing they have in India where the leaders are always fighting and arguing.' When I screened the film to Bhutan's film committee, they thought my film was good but they were concerned about that line. They wanted me to change that line. They said, 'We don't want to offend India.' I tried to tell them that Indians have a great ability to laugh at themselves but they insisted I change it.'
Eicher Motors is a leader in the premium motorcycle segment, where it holds market share of over 85 per cent under the Royal Enfield (RE) brand. The company's joint venture VE Commercial Vehicles (VECV) with Volvo, where it holds 54.5 per cent stake, gives it a strong footing in commercial vehicles (CVs). The company had good results in FY23 and it has a strong balance sheet and good operating margins.
Moody's Investors Service on Wednesday raised India's economic growth estimate for 2023 to 5.5 per cent from 4.8 per cent pegged earlier, on the back of a sharp increase in capital expenditure in the Budget and a resilient economic momentum. It however revised downwards India's growth estimate for 2022 to 6.8 per cent from 7 per cent pegged in November last year. In its February update to Global Macro Outlook 2023-24, Moody's raised the baseline 2023 real growth projections "meaningfully" for several G20 economies, including the US, Canada, the Euro area, India, Russia, Mexico, and Turkiye, accounting for a stronger end to 2022.
'I played around 140 matches for RCB, but I received no proper communication from them.'
Bruised and battered by India after being bundled out for a meagre 79 while chasing 270 in the series-deciding fifth and final ODI here, New Zealand skipper Kane Williamson termed the performance of his batting department as "frustrating". Williamson said the Kiwi batsmen did not justify to lose eight wickets for just 16 runs. "That's what's so frustrating, because we failed as a batting unit. The spinners of the Indian side bowled very well but I don't think it is justified to lose 8 wickets for 16 runs. We need to look at some of our plans. There was turn in the pitch in some other games too but we were able to handle it better then," Williamson said after their massive 190-run defeat in the fifth and final ODI in Vizag.
Banks enjoyed an expansion in Net Interest Margins (or NIMs) as well as in credit demand through the 2022-23 financial year (FY23). The credit expansion was because economic growth continued to recover from the Covid-19 years, and indeed, second half GDP growth surprised on the upside. The NIM expansion was because banks raised lending rates immediately (in many cases automatically due to floaters) as the Reserve Bank of India (RBI) hiked policy rates, and only started raising deposit rates late into the fiscal.
These funds carry low risk and should be able to beat the returns from fixed deposits.
India will expect a better approach from skipper Shikhar Dhawan and young Shubman Gill in the Powerplay overs when the team clashes with New Zealand in a do-or-die second One-Day International, in Hamilton, on Sunday.
Marileidy Paulino of the Dominican Republic won World Championship gold in the women's 400m on Wednesday.
There's a straightforward relationship between economic activity and power consumption. If economic activity increases, so does power consumption. Since the latest GDP (gross domestic product) data indicates India's growth rates exceeded expectations in the second half if the 2022-23 financial year (H2FY23) and GDP estimates of FY24 are strong, we would expect power consumption to rise as indeed it has. There is also a direct relationship between power consumption and National Thermal Power Corporation or NTPC's results since the public sector undertaking (PSU) is the largest power generator in India.
American Holloway wins third straight world 110m hurdles title
In 2015, foreign investors slowed net buying of Indian equities.
Novak Djokovic's steady progress in the last few seasons is a testament to his mental strength and physical conditioning.
One could argue that India is not troubled in the same way as China is by a declining population and structural problems in real estate/construction and finance. But India has serious trade and fiscal imbalances, and excessive dependence on capital expenditure by the government, points out T N Ninan.
Notwithstanding the windfall tax placing a cap on profits, oil and gas producers like Oil India (OIL) and Oil and Natural Gas Corporation (ONGC) have done well in the October-December quarter (third quarter, or Q3) of 2022-23 (FY23). ONGC faces the drag of poor results from its subsidiary Hindustan Petroleum Corporation, and in comparative terms, OIL is better off. Standalone net sales in Q3FY23 stood at Rs 5,900 crore - up 57 per cent year-on-year (YoY), up 2 per cent quarter-on-quarter (QoQ).
North East were 65 for 2, 475 runs in arrears, when bad light and rain forced an early closure to their first dig on Thursday.
Carlos Alcaraz ended Novak Djokovic's reign to usher in a new era at Wimbledon -- a win that was being trumpeted as the changing of the guard in men's tennis.
England captain Jos Buttler is happy with his team's preparation but tipped champions Australia as the favourites to win the Twenty20 World Cup on home soil.
Small stocks of Dalal Street grappled with turbulent times in 2022 as high volatility and higher interest rate regime sapped investors' appetite for these scrips but the horizon ahead seems less cloudy for the New Year. While the 30-share Sensex scaled multiple record peaks with bluechips glittering, small stocks underperformed and the BSE smallcap index declined more than 3 per cent this year. In comparison, the BSE Sensex climbed 2,673.61 points or 4.58 per cent till December 27.
Images from the second One-day International between West Indies and India at Kensington Oval, Barbados, on Saturday.
The TMC has won in 34,560 gram panchayat seats, besides leading in 705 seats, according to the SEC as of 11.30 am on Wednesday.
Investors need to evaluate how they stack up against other high credit quality fixed-income options before putting money in them.
Many investors want to exit equities now and re-enter when they begin to rise. Such timing is difficult to pull off.
The Survey lists some of the challenges that might impede India's progress.
The 19-year-old Panghal put up a dominant show in the 53kg category, winning all her bouts without much fuss.
The first half of 2023 has been good to Bollywood, as we saw big blockbusters like Pathaan and The Kerala Story. But there have been flops as well.
A summary of Saturday's action in the English Premier League.
India has built up buffers against cyclical difficulties and has ample foreign exchange reserves to withstand pressure on credit worthiness, S&P Global Ratings said on Thursday. Speaking at the India Credit Spotlight 2022 webinar, S&P Sovereign & International Public Finance Ratings director Andrew Wood said the country has a strong external balance sheet and limited external debt, making debt servicing not so expensive. "The country has built up buffers against cyclical difficulties like those, which we are experiencing right now," Wood said.
Theo Hernandez's high hooked finish from a deflected Kylian Mbappe shot put the defending champions ahead and forced Walid Regragui's team to take the initiative, ending the game with more possession than Les Bleus.
16-year old Praggnanandhaa halted his three-match losing streak to shock the higher-rated Vidit Gujrathi
Brazil's women's football team was greeted by hundreds of adoring fans in Manaus on Monday, as their performances and fame all of a sudden eclipsed that of their struggling male counterparts.
India's housing sector is witnessing probably the "biggest boom" in the last one and half decade driven by various factors such as affordability and customers aspiration to own homes, HDFC Capital Advisors Managing Director and CEO Vipul Roongta said on Tuesday. Addressing a real estate summit organised by FICCI, he noted that the residential real estate segment has revived strongly after going through a lot of pain due to new realty law RERA and demonetisation. "In the last one and half decade, I think this is probably the biggest boom I am personally seeing as an organisation on the residential segment, whether it is affordable mid-income and premium housing properties," said Roongta, who is also co-chairman, FICCI Real Estate Committee.
The Suzuki Burgman Street steps up the style quotient with its maxi-scooter looks, but is the same as the Access 125 in many ways. So, is it worth paying Rs 9,000 extra?
Indian Grandmaster S P Sethuraman won the Barcelona Open chess tournament title in Barcelona, while compatriot Karthikeyan Murali finished third.
Here's how to get high returns from equities...
In FY23, the State Bank of India (SBI) reported a 57.4 per cent jump in its net profit to Rs 55,684.17 crore. But the chairman of the country's largest bank, Dinesh Khara's annual pay for this creditable performance was just Rs 37 lakh (his peers at state-run banks are no better off). Look at his private bank rivals - most pocketed in excess of Rs 7 crore annually - plus stock options.
The domestic benchmark indices - the S&P BSE Sensex and the National Stock Exchange Nifty50 - had lost close to 1.5 per cent in three days recently before gaining slightly. Notwithstanding weakness and volatility, the Nifty50 has managed to hold on to the 18,000 mark, while the Sensex has managed to stay above the 61,000 level. The performance of the stocks that comprise these front-line indices remains polarised.
It offers a real opportunity for the flag carrier to compete on the world stage, backed by a leading conglomerate with deep pockets like the Tatas, observes Indrajit Gupta.
All the action from the World Athletics Championships on Tuesday...
