A round-up of the Ranji Trophy quarter-final matches played on Sunday.
Gross Value Added (GVA) growth in agriculture and allied activities in the first quarter of the 2024-25 financial year (Q1FY25) dipped to 2.7 per cent at constant prices from 4.2 per cent in Q1FY24 due to a drop in output of some crops following heatwave in the main growing months. Low post-monsoon rains, which dried most of the reservoirs in several states across the country, also impacted the production of many crops. At current prices, the growth was estimated at 8.5 per cent as against 4.1 per cent in Q1FY24 due to a spike in food inflation during the April to June months of FY25.
Anshuman Gaekwad, who served Indian cricket as a player, coach and selector, succumbed to blood cancer on Wednesday at the age of 71.
Anil Khandelwal, Chairman of Bank of Baroda, expects a 25% credit growth in FY07. He says that BoB did not bid for UWB due to their existing presence in Maharashtra. He adds that the UWB branches will give IDBI good reach and size.
Baroda batsmen, led by skipper Ambati Rayudu, showed a lot of application as they posted a commendable 525 for seven against hosts Delhi at stumps on the second day of their third round Ranji Trophy Group B encounter in New Delhi.
Baroda secured three points by virtue of their first innings lead after their Ranji Trophy Group B match against Karnataka ended in a tame draw on the fourth and final day in Vadodara on Monday.
Left-arm seamer Gagandeep Singh reca five-wicket haul as Baroda dismissed Karnataka for 284 in their first innings and then reached 115-4 to take an overall lead of 237 on the penultimate day of their Ranji Trophy encounter.
Karnataka became the first team to seal a quarter-final berth in the Ranji Trophy tournament after beating Baroda by an innings and 102 runs in their Super League Group B match in Vadodara on Thursday.
Baroda and Punjab advanced to the semi-finals of the Syed Mushtaq Ali All India T20 tournament after notching up victories in their respective quarter-final matches in Mumbai.
They need 94 runs for an outright victory in the Ranji Trophy match against Hyderabd.
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.
Bank of Baroda plans to set up a joint venture in Malaysia with two other Indian banks - Bank of Maharashtra and The Oriental Bank of Commerce.
Indian Rayon has clarified that no definitive proposal in respect of Viscose Fibre Plant of Baroda Rayon has been placed before BOD.
In reply, Railways were tottering at 84 for eight in their second innings on the third day of the Elite 'A' group Ranji Trophy match.
Rajesh Pawar impressed with the bat as well and along with Hrishikesh Parab led Baroda to a five-wicket win over Hyderabad.
The rupee has depreciated by 0.6 per cent so far in the current financial year.
Hosts Mumbai kicked off their campaign in the West Zone Vijay Hazare Trophy One-day tournament by defeating Baroda by four wickets in a low-scoring game at the Wankhede Stadium on Wednesday.
Dharambir and Pranav Soorma scripted history as they won the gold and silver medal respectively in men's club throw - F51 final, at the Paralympics.
The US Fed interest rate decision, ongoing quarterly earnings, macroeconomic data and FII trading activity are the major triggers that will drive stock markets this week, analysts said. Investors would also track global market trends and the movement in global oil prices for further cues. "This week, the focus will shift to global cues, particularly the US markets," Santosh Meena, Head of Research, Swastika Investmart Ltd said.
Former Ranji champions Railways scored a 57-run win over Baroda to move into the knockout stage.
Baroda were 73 for five at stumps on day two in reply to Railways' first innings score of 353.
A round-up of the Ranji Trophy matches played on Friday.
Banks have issued Rs 7.78 trillion worth of CDs in the current calendar year until August 2024, compared to Rs 4.9 trillion in the same period of 2023, registering a 59 per cent growth
The probe is expected to take about three months.
After a month and half of topsy-turvy ride, eight teams have managed to steer themselves clear of other 24 contenders to enter the Ranji Trophy quarterfinals.
Corporate bond issuances fell by around 22 per cent in August, despite easing yields as issuers delayed raising funds awaiting the US Federal Reserve to start cutting interest rates from this month. Corporates and financial institutions expect yields to fall further and borrowing costs to become cheaper, said market participants. The US Fed is widely expected to cut interest rates by 25 bps in the 17-18 September meeting, marking the start of a downward interest rate cycle.
Adani group is on track to surpass a combined Ebitda (earnings before interest, taxes, depreciation, and amortisation) of Rs 1 trillion in the ongoing financial year (FY25) as it prepares for a $2 billion (over Rs 16,700 crore) share sale by its flagship entity Adani Enterprises next month, according to a source close to the matter.
At least 13 candidates are in the race for the position of managing director and chief executive officer (MD & CEO) of Punjab National Bank (PNB), the second-largest public sector bank (PSB), according to multiple sources familiar with the matter. "Among the candidates, some are executive directors (EDs) and managing directors in major PSBs. "Financial Services Institutions Bureau (FSIB) will conduct the interviews next month," said a source.
The Punjab-Baroda Ranji Trophy tie in the Super League Group B was heading for a draw, with the visitors having scored 251 for the loss of one wicket on a rain hit penultimate day of the four-day match at Gandhi Grounds in Amritsar on Tuesday.
Badminton is not as popular as cricket in India and therefore comparatively does not attract as many sponsors.
Suresh Lokeshwar (52) and Pradosh Ranjan Paul (65) struck half-centuries to help Tamil Nadu complete the formalities and win their Ranji Trophy Group C match against Goa by seven wickets, in Porvorim on Monday.
More than 50 per cent of SIP accounts come from semi-urban and rural areas.
'Those trying to use these funds for quick gains should avoid them due to risk of being late to the party.'
Delhi were reeling at 49 for three in their first innings after bundling out Baroda for a paltry 199 on the first day of five-day Ranji Elite group semifinals at Usha Raje Cricket grounds in Indore on Saturday.
A superb knock of 153 by captain Connor Williams helped Baroda to a mammoth total of 476 for nine declared on the third day of their Ranji Trophy Super league match against Hyderabad
Just as the atom and the byte needed careful societal control to prevent damage to society, perhaps, so does the gene, particularly in debates like 'genes vs merit', explains Ajit Balakrishnan.
Baroda humiliated Odisha by 10 wickets, with a day to spare, and pocketed seven points, including bonus, from their Ranji Trophy Group B match, in Vadodara, on Monday. The hosts added just 11 runs to their overnight total before being dismissed for 301 in their first innings, in reply to Odisha's 181.
The liquidity will move into deficit after advance tax payments and GST outflows. It will rebound in October because of government spending.
Paceman Shardul Thakur and off-spinner Akhil Herwadkar shared six wickets between them as Mumbai eked out a narrow four-run win over Baroda in their West Zone match in the Vijay Hazare trophy, in Ahmedabad on Sunday.
Pace duo of Shrikant Mundhe and Samad Fallah shared seven wickets between them as Baroda stumbled from a good position to be bowled out for 362 in their first innings against Maharashtra on day two of a Ranji Trophy Group B match in Pune on Sunday.
