A round-up of the Ranji Trophy matches played on Saturday.
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.
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).
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.
Perhaps, that brave attitude keeps his India dream still burning bright without getting disheartened by the domestic grind.
Stock Market News today, PSU banks: The year 2024 was a roller-coaster ride for Indian stock markets, marked by volatility driven by the Lok Sabha elections, Union Budget 2024, a slowdown in corporate earnings, and sticky inflation. Geopolitical tensions - particularly between Israel and Iran in West Asia - along with various stimulus announcements by China and yen carry trade rocked the equity markets throughout the year.
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.
Public sector banks (PSBs) have proposed the Finance Ministry their plan to raise Rs 54,800 crore through Additional Tier-1 (AT-1) and Tier-2 bonds in the current financial year (FY25), 37 per cent more than the Rs 39,880 crore raised in FY24
Amid low growth elsewhere, gross value added (GVA) growth in agriculture and allied activities recovered during the second quarter of the current financial year (Q2FY25) to 3.5 per cent year-on-year (Y-o-Y) due to strong monsoon. Experts feel that the rains have laid the foundation of an even better GVA performance in subsequent quarters. GVA growth in the first quarter of FY25 was 2.0 per cent.
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.
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.
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.
Following a dismal season, Whatmore had parted ways with Kerala after spending three years with the southern side.
A round-up of the Ranji Trophy matches played on Saturday.
'Challenge is basically near-term growth as the outlook has turned a bit adverse.'
The Union Finance Ministry on Tuesday said that aggregate business of public sector banks (PSBs) has shown strong growth of 11 per cent in the first half of the financial year 2024-25 (H1FY25) to touch Rs 236 trillion. The operating and net profit were also robust. At Rs 1.5 trillion, operating profit grew by 14.4 per cent year-on-year (Y-o-Y) while the net profit saw an impressive 25.6 per cent jump at Rs 85,520 crore in the first half of FY25.
Lukman Meriwala's fifer was the cornerstone of Baroda's thumping nine-wicket win over Chhattisgarh
Shashwat Rawat led India A's dramatic recovery with an unbeaten 122 to steer them to 224 for seven on day one of the Duleep Trophy tie against India C in Anantapur on Thursday.
Enterprising women business correspondents, known as BC Sakhis, have facilitated transactions worth Rs 27,000 crore in Uttar Pradesh, earning Rs 75 crore in commission over the past four and a half years. BC Sakhis, appointed under the nationwide women empowerment programme, are members of self-help groups (SHGs) who are trained and certified to provide banking and financial services in rural areas.
Quarterly earnings from corporates, global trends, and trading activity of foreign investors will guide market sentiment this week, analysts said, adding that benchmark indices may face volatile trends. "The upcoming release of Q2 results will be closely watched, providing insights into corporate performance. "Meanwhile, the escalating tensions between Israel and Iran introduce a significant geopolitical risk, potentially leading to increased oil prices and market volatility.
The Indian rupee is likely to depreciate further against the US dollar through the end of 2024. This is due to the continued strengthening of the greenback, combined with the weakening of the Chinese yuan, which is expected to keep pressure on the Indian currency.
The bench referred to three reports submitted by the cyber cell police which said the beneficiaries were added to the bank account without any message or OTP received on the registered mobile number and email to the registered email account.
The Mumbai paceman bagged five wickets as Baroda were all out for 130 in the Ranji Trophy semi-final.
RCB all-rounder Swapnil Singh, who entered the IPL in the second half and made an immediate impact, opened up on his "emotional" cricketing journey that saw him experience numerous ups and downs and his relationship with star batter Virat Kohli.
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.
It will be the second Budget of the Modi 3.0 government and eighth straight Budget for Nirmala Sitharaman, rare in Indian polity.
'The RBI's MPC will maintain the current policy rates (6.50%) at the policy meeting, given ongoing inflationary pressures.'
Shreyas Iyer continued with his red-hot form, smashing a stroke-filled 233 to lead Mumbai to a massive 602/4 declared in their Ranji Trophy Elite Group A match against Odisha.
Mayank definitely has that X-Factor
The Irfan Pathan household in Baroda had a special guest on Monday as they hosted Sachin Tendulkar.
Even as the high inflation figure for October has ruled out any possibility of a rate cut by the Reserve Bank of India's (RBI's) monetary policy committee (MPC) in December, a rate cut in February also looks uncertain due to global uncertainties. Economists told Business Standard that unless domestic growth slows markedly, the outlook on rate cut remains unclear. India's headline inflation touched a 14-month high of 6.2 per cent in October, breaching the MPC's upper tolerance band of 6 per cent.
To boost domestic manufacturing under the Make in India initiative and reduce dependency on imports, the government is expected to announce in the Budget an increase in the minimum local content requirement for public procurement, with certain sectors being granted exceptions. Currently, firms producing goods, services, or works with at least 50 per cent local content are classified as Class-I local suppliers and are preferred the most in government procurement.
More than 50 per cent of SIP accounts come from semi-urban and rural areas.
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
The government does not seem keen on issuing fresh gold bonds given the overall cost and rising gold prices.
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.
The India discard hit an unbeaten 82 as Baroda beat UP by five wickets and entered the Ranji Trophy semi-finals.
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