The Real Effective Exchange Rate (REER) of the rupee moderated in December to 107.20 after hitting a peak of 108.14 in November, latest data released by the Reserve Bank of India (RBI) showed. The REER was 103.66 in January 2024. The rupee depreciated around 3 per cent against the dollar in 2024.
Tamil Nadu produced an impressive batting display after left-arm spinner Manimaran Siddarth's four-wicket haul as they lifted the coveted Syed Mushtaq Ali T20 Trophy after defeating Baroda by seven wickets in the final, in Ahmedabad, on Sunday.
Devdutt Padikkal and Ravichandran Smaran starred with the bat, guiding Karnataka to a five-wicket win over Haryana in the Vijay Hazare Trophy semi-final.
India pacer Mohammad Shami, playing his third game of the tournament, went for runs as he took 3/61 in 10 overs.
At 17 years and 168 days, Mhatre broke the previous record set by India batter Jaiswal, who was 17 years and 291 days when he achieved the feat while playing for Mumbai against against Jharkhand in 2019.
With this win, Mumbai maintain their third sport in the group with 22 points.
A summary of Friday's action in the Ranji Trophy matches across the country.
Perry (57, 34b, 6x4, 2x6) and Ghosh (64 not out, 27b, 7x4, 4x6) were in sublime touch as defending champions RCB scaled down the target of 202 with ease in the tournament opener.
The India all-rounder is content to spend time with son Agastya and nephew Kavir.
Following a dismal season, Whatmore had parted ways with Kerala after spending three years with the southern side.
Metropolitan Stock Exchange of India (MSE) plans to raise Rs 120 crore from investors in an attempt to stay afloat. The beleaguered exchange's board has approved issuance of 1.19 billion equity shares of face value Rs 1 at a premium of Rs 1 through private placements, according to a disclosure on its website.
Hardik Pandya on Thursday posted a video of himself bowling with the red-ball during a training session in England.
Lukman Meriwala's fifer was the cornerstone of Baroda's thumping nine-wicket win over Chhattisgarh
Bank of Baroda (BoB) has made prudential provision of Rs 500 crore for exposure to Go First, which has sought bankruptcy protection after the National Company Law Tribunal (NCLT) admitted its plea for voluntary insolvency. Sanjiv Chadha, managing director and chief executive officer of BoB, said the bank identifies issues in advance and makes provisions if required. The Mumbai-based public sector lender has an exposure of Rs 1,300 crore to the troubled airline.
The upcoming Union Budget to be presented on February 1 is likely to assume a nominal gross domestic product (GDP) growth between 10 and 10.5 per cent for FY26, a Business Standard poll of 10 economists showed. The first advance estimates released by the National Statistics Office (NSO) had estimated a nominal GDP growth of 9.7 per cent for FY25. Nominal GDP, calculated at current market prices, factors in the effect of inflation. It is used as the base to calculate crucial macroeconomic indicators, such as fiscal deficit, revenue deficit, and debt-to-GDP ratio.
The Mumbai paceman bagged five wickets as Baroda were all out for 130 in the Ranji Trophy semi-final.
Roundup of matches across the country in the ongoing BCCI Ranji Trophy
The government may save over Rs 70,000 crore (Rs 700 billion) on capital and revenue expenditure allocated towards new schemes in the FY25 Budget that are yet to be implemented.
Varun Chakravarthy had a second coming in international cricket with 17 wickets in his last seven T20Is and 12 of them in South Africa in batting-friendly conditions.
The Ranji Trophy resumes on Thursday, promising a star-studded spectacle as Rohit Sharma and Rishabh Pant headline a host of big names returning to action.
After waiting nearly three years for a first-class hundred, Iyer's form has surged; his century in October broke that dry spell, and now he's added two more in quick succession.
A round-up of the Ranji Trophy matches played on Saturday.
Vishnu Solanki helped Baroda pull off a last-over heist against Haryana with a sensational 71, which included a six off the final ball of the match, to fire his team into the semi-finals of the Syed Mushtaq Ali Trophy, in Ahmedabad, on Wednesday.
The right-arm pacer informed about his surgery in a social media post on Tuesday. He was left out of Mumbai's 30-man probable list for the upcoming Ranji Trophy season.
Defending champions Mumbai got their Ranji Trophy campaign back on track with an emphatic nine-wicket win over Maharashtra in their second group A league game in Mumbai on Monday, offsetting the heavy loss to Baroda in the opening game.
Following the lacklustre growth numbers in the second quarter (Q2FY25), economists believe the upcoming Union Budget for 2025-26 should focus on reforms that will stimulate consumption, manufacturing and spur employment. India's growth unexpectedly slowed to 5.4 per cent in the second quarter, due to low capital formation, weak consumption, besides adverse weather impact.
Addressing a rally in Mhow on Monday, Gandhi said Dalits, backwards and tribals had no rights before Independence, when "only maharajas and rajas enjoyed rights".
Shares of state-owned bank stocks were under pressure on Monday due to muted deposit and credit growth numbers reported by these lenders in the October-December quarter (Q3) of 2024-25 (FY25). The Nifty PSU Bank index was down 4 per cent, with Union Bank of India emerging as the biggest loser as its shares fell 7.5 per cent to close at Rs 114.7, followed by a 5.7 per cent drop in shares of Bank of Baroda (BoB) to Rs 228 and a 4.7 per cent slide in shares of Bank of India to Rs 99.8 on the National Stock Exchange.
Baroda held the upper hand on the second day of the Elite group 'B' Super League Ranji Trophy match against Uttar Pradesh by taking a vital 125 runs first innings lead
Spinner Sairaj Bahutule starred in an innings and 138 runs victory in the Ranji Trophy semi-final.\n\n
Once Vidarbha posted a massive 221 for six, Mumbai needed a strong chase and Rahane led from the front with an 84 off 45 balls (10x4, 3x6).
The visiting Baroda team on Tuesday thrashed host Uttar Pradesh's team by 48 runs on the final day of the super league Elite group 'B' Ranji Trophy match.
Rohit aims to bring Champions Trophy to Wankhede
The race to acquire diversified fintech firm Religare Enterprise Limited (REL) intensified as Dabur group promoters, the Burman family, said it was going ahead with the open offer on Monday and claimed that the counter offer made by US-based businessman Digvijay Gaekwad wasn't valid and will not stand scrutiny of market regulator Sebi. The Burman family claimed that the competing offer falls outside the 15-day window stipulated by the Sebi takeover code, following their initial offer on October 4th, 2023.
Infrastructure bond issuances by commercial banks in the current financial year (FY25) are likely to surpass Rs 1 trillion, almost double that of FY24, market participants said. So far this financial year, banks have raised Rs 74,256 crore via infra bonds. In FY24, the total issuances stood at around Rs 51,081 crore.
States are on track of fiscal consolidation with their total borrowings reaching Rs 5 trillion till October, which is 60 per cent of the projected borrowings of Rs 8.38 trillion till December 2024, according to data from official sources. Government officials said the lower-than-projected borrowings by states were a sign of prudent fiscal management by them. States announce their borrowing plans every quarter.
The India discard hit an unbeaten 82 as Baroda beat UP by five wickets and entered the Ranji Trophy semi-finals.
Perhaps, that brave attitude keeps his India dream still burning bright without getting disheartened by the domestic grind.
Lenders of bankrupt airline Jet Airways, led by the State Bank of India (SBI), on Thursday told the Supreme Court that successful bidder Jalan Kalrock Consortium (JKC) was "unwilling" to pay the dues and that the "liquidation" was the only option left. The bench led by Chief Justice of India (CJI) DY Chandrachud was hearing the SBI-led consortium plea against the NCLAT's March order upholding ownership transfer of the bankrupt airline to JKC.
An unbeaten 57-run sixth wicket stand between Yousuf Pathan and Pinal Shah helped Baroda take seven-run first innings lead over Tamil Nadu on the first day of their Ranji Trophy Super League Group B match in Vadodara on Friday.
