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.
The rupee has depreciated by 0.6 per cent so far in the current financial year.
All-rounder Yusuf Pathan scored a blistering century as Baroda defeated Saurashtra by 52 runs to register their first win in the Vijay Hazare Trophy in Mumbai on Sunday.
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.
Bank of Baroda declared an interim dividend 20 per cent.
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.
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.
After conceding a 79-run first innings lead, Haryana were 223 for 3 in the second innings, in the Ranji Trophy Elite Group 'B' match.
Irfan Pathan stepped on the field for the first time in the Syed Mushtaq Ali T20 tournament and made a telling impact. His all-round prowess guided Baroda to an eight-run victory over Punjab in the final, at the Brabourne stadium in Mumbai, on Tuesday.
Punjab and Baroda chased down targets successfully to knock out fancied Mumbai and Delhi and enter the final of the Syed Mushtaq Ali All India T20 tournament, in Mumbai, on Monday.
Zaheer Khan brought Baroda on the verge of a big victory over Punjab with a five-wicket haul on the second day.
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.
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 trio for alleged involvement in various financial irregularities and administrative lapses
A round-up of the Ranji Trophy matches played on Wednesday.
Mumbai dominated two of the three sessions to take total control over Baroda on Day Three of their Ranji Trophy quarter-final at the Wankhede stadium on Tuesday. At stumps, the visitors were languishing at 167 for five (64 overs) in their opening essay, still a whopping 478 runs adrift of the hosts' total, following some reckless batting coupled with disciplined bowling.
Opener S Parab hit an unbeaten century in Baroda's second innings in the Ranji Trophy match against Maharashtra.
Brothers Irfan and Yousuf Pathan led Baroda's fight against Maharashtra on the opening day of their Ranji Trophy Elite Group match at Motibag ground in Vadodara on Saturday.
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.
Kedar Devdhar scored only his second ton in first class cricket and together with Aditya Waghmode shared an unbroken century stand to guide Baroda to 256 for three on the opening day of their four-day Ranji Trophy Group B match against Maharashtra in Pune on Saturday.
Fugitive underworld don Dawood Ibrahim is still allegedly laundering blood money through the Bank of Baroda's branch in the tax havens in Nassau, Bahamas.
Badminton is not as popular as cricket in India and therefore comparatively does not attract as many sponsors.
Defending champions Gujarat and former winners Baroda are placed in different groups for the final stage of the Syed Mushtaq Ali T20 championship, which will be held at two venues in Mumbai from January 15-20.
'Those trying to use these funds for quick gains should avoid them due to risk of being late to the party.'
Mumbai consolidated their position on Day 2 of the Ranji Trophy quarter-final against Baroda at the Wankhede stadium on Monday. Resuming at the overnight score of 272 for 3, the hosts continued to pile on the runs to end the day on 524 for 6. Abhishek Nayar was unbeaten on a well-made 122. Giving him company was Ankit Chavan on 17, the two having put on 55 for the seventh wicket.
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.
Punjab raced away to 370 in the second innings after taking a 20-run first innings lead against Baroda.
He century gave Baroda gain a vital first innings lead of 74 runs at the end of third day of the four-day Ranji Trophy tie against Assam.
Despite senior batsman Mithun Manhas and all-rounder Rajat Bhatia scoring centuries, Delhi were unable to surpass Baroda's first innings total of 561 as the third round Ranji Trophy match ended in a barren draw and both teams getting a point each. Delhi ended the final day's play at 505 for 6 at the end of the mandatory overs, with Bhatia remaining unbeaten on 133.
Irfan Pathan and Aditya Waghmode hit contrasting centuries as Baroda piled up an impressive 308 for 4 against Karnataka on Day 1 of their Ranji Trophy Group B match at Moti Bagh stadium, in Vadodara, on Friday.
His maiden century enabled Baroda post 196 for 4 on the second day of the Elite Ranji Trophy match against Kerala.
Baroda were 219 for 4 after conceding a 111-run first innings lead to Mumbai on the penultimate day of the Ranji Trophy match.
The liquidity will move into deficit after advance tax payments and GST outflows. It will rebound in October because of government spending.
As an Indian captain, he will enjoy his little piece of history and no one can take that away from him.
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.
'No room for disappointment' for Mumbai's Kotian and Deshpande after record tons
More than 50 per cent of SIP accounts come from semi-urban and rural areas.
