Investors' wealth fell by Rs 2.89 lakh crore in two days of market fall, with the BSE Sensex tumbling 796 points on Wednesday, amid weak global market trends ahead of the US Federal Reserve's interest rate decision. Fresh foreign fund outflows and caution ahead of a host of interest rate decisions from global central banks also added to the overall bearish trend. Besides, the US Fed meeting, the BoE (Bank of England) and the BoJ (Bank of Japan) are also scheduled to meet this week.
New Zealand face England-beaters Afghanistan aiming to keep their unbeaten run intact
Interim Budget, the US Federal policy decision and quarterly earnings will be the major drivers for stock markets which may also see some consolidation this week, say analysts. Besides, investors would also focus on the trading activity of foreign investors and global trends for further cues. From the macroeconomic front, the PMI (Purchasing Managers' Index) data for the manufacturing sector is scheduled to be announced on Thursday.
India will aim to soar higher with the return of Virat Kohli against Joe Root's England
Royal Challengers Bengaluru's IPL 2024 campaign is just one-match old, but it has already exposed their biggest chink. It's fragility in bowling, and they need better returns from bowlers against a confident Punjab Kings at an unforgiving M Chinnaswamy Stadium, in Bengaluru, on Monday.
The South African is firm about progressing further in his journey as an all-rounder.
Equity markets rallied after softer-than-expected inflation data in the US and UK rekindled hopes of the end of the rate-hiking cycle by major central banks. The soft inflation reading drove down bond yields and the US dollar, whetting the appetite for risky assets. The 10-year US bond yield fell below 4.5 per cent after topping 5 per cent less than a month ago.
On the controversial AFSPA, the home minister said, "We will also think of revoking AFSPA."
Tata Motors was the biggest loser in the Sensex pack, skidding 1.77 per cent, followed by SBI, Power Grid, Tata Steel, Infosys, UltraTech Cement, Titan, Larsen & Toubro, Reliance Industries and Maruti. On the other hand, IndusInd Bank, Bharti Airtel, Asian Paints, NTPC, HCL Technologies, HDFC and Sun Pharma were the gainers.
West Indies will again rely on a hardened bunch of Twenty20 specialists as they bid to retain their World Cup title, but are set for a stern test from India, out to secure a first global trophy under Virat Kohli, and an England team bidding to become champions in two formats.
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Resurgent Australia stand between unblemished India and World Cup glory
India is a final frontier in some ways for England. Their last Test series win in India came way back in 1985; since then they toured India four times, but returned disappointed, winning just one of 11 Tests.
'When my father travelled 5,000 miles to build a new home in Ireland, I doubt he ever dreamed that his son would one day grow up to become its leader.' Vaihayasi Pande Daniel/Rediff.com profiles Dr Leo Varadkar who will step down as Ireland's taoiseach (prime minister) next week.
David Bedingham said it is a dream to score a hundred in front of friends and family as he owes them a lot.
Bangladesh vice-captain Najmul Hossain Shanto says the team is hoping to benefit from the inputs it is receiving from technical consultant Sridharan Sriram in the World Cup matches, including Friday's game against New Zealand.
India's prices are rising faster than many of its emerging market peers. The country's inflation print for May at 4.25 per cent is a marked reduction from the levels seen in May 2022 (7.04 per cent). However, even though the inflation rate remains within the Reserve Bank of India's medium-term target of 4 per cent, with a 2 per cent margin on either side, it continues to be higher than China, Russia, and Brazil.
A whirlwind trip of the dark underbelly of global finance, covering everything from tax law changes to aiding criminals to decamp with money from bank accounts.
Domestic macroeconomic data announcements, global trends, quarterly earnings and foreign fund trading activity would dictate terms in the equity markets this week, analysts said. Besides, movement of rupee against the US dollar and global oil benchmark Brent crude price would also guide the trading pattern in the equity markets. "From a macroeconomic perspective, market participants will be closely observing key events like the upcoming release of the US manufacturing PMI data, US services PMI data and US non-farm payrolls scheduled between August 1 and August 4.
England's players will wear the names of selected COVID-19 workers with cricketing backgrounds on their training shirts during the upcoming Test series against West Indies in recognition of their selfless services. The England and Wales Cricket Board (ECB) has announced that the three-match Test series, to be played behind closed doors at The Ageas Bowl and Old Trafford due to the pandemic, will be named "raise the bat" series as a tribute to those on the frontline.
Australian Peter Handscomb will replace Rahane. Handscomb has extended his stay with the Foxes to feature in next month's Metro Bank One Day Cup.
He, however, seemed to indicate that he did give a personal guarantee to India's largest lender SBI, which has moved the NCLT to recover Rs 1,200 crore.
'I said before the game that if they bowl a lot at my head then they're not bowling at my stumps and trying to get me out lbw and caught behind the wicket. And I think that perhaps played into our favour a little bit in this innings'.
Hardik Pandya is touted as a possible captaincy option for Mumbai Indians in the future.
For all its claims to economic glory, the majority of India's population lives vulnerable lives, a situation that has only worsened over the past 15 years, to the extent that the government now fears to release economic data or even conduct a proper Census, notes Rathin Roy.
Kohli believes Archer has the pace to cause batsmen plenty of problems.
The death of the 81-year-old former England keeper was announced by his former club Stoke City on Tuesday.
The heaviest rainfall began to ease across hard-hit portions of Manhattan and Brooklyn late Friday morning, but another round is expected in the afternoon and could reinvigorate dangerous flooding.
Astronomical Rs 24.75 crore bid makes Starc most expensive player in IPL history
Equity benchmarks Sensex and Nifty declined nearly 1 per cent on Friday, in tandem with a weak trend in overseas markets amid hawkish tone of global central banks. The 30-share BSE Sensex fell 461.22 points or 0.75 per cent to settle at 61,337.81. During the day, it tumbled 506.5 points or 0.81 per cent to 61,292.53.
Pakistan beat England by 14 runs at Trent Bridge on Monday as the World Cup's first centuries from Joe Root and Jos Buttler were not enough to help the hosts and pre-tournament favourites overhaul the huge target of 349 set for them.
India's clash against England was a lot more than just a clash between the two teams as the result had the potential of changing other teams' fortune in the World Cup
'When one was with Mother, one realised you were with somebody who was the nearest person to God.' 'She must have been God incarnate.'
Emotional Tickner returns to NZ squad after cyclone relief efforts
England Test skipper Ben Stokes was bought by Chennai Super Kings for Rs 16.25 crore.
Equity benchmarks Sensex and Nifty faced heavy drubbing on Thursday, falling over 1 per cent each, in tandem with weak global markets following the US Federal Reserve's interest rate hike and its hawkish stance. The 30-share BSE Sensex tanked 878.88 points or 1.40 per cent to settle at 61,799.03. During the day, it tumbled 962.3 points or 1.53 per cent to 61,715.61.
Hathurusingha was also fully aware of the difficulty posed by his lack of red-ball cricket experience before the series.
'One way of doing this could be offering credit guarantee to the banks, say 10 per cent, for fresh loans given to micro, small and medium enterprises,' observes Tamal Bandyopadhyay.
England's sporting global ambitions have never been fully realised since Sir Alf Ramsey's team won the 1966 FIFA World Cup. Whether it is Gary Linekar or Hary Kane, the 'Cup' that they desperately want never came home during the last five and half decades.
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