Many individual states experienced higher inflation than the all-India figures during the financial year 2023-24 (FY24). Retail inflation figures in Telangana, Haryana, Rajasthan and Dadra and Nagar Haveli have been higher than national numbers every month of this financial year, shows a Business Standard analysis of state-wise figures, after the March inflation data was released on Friday. Experts noted that persistent high food inflation along with differences in the weights of rural and urban indices plays into the regional variation in inflation rates.
Shivam Dube continued his recent streak of form with a counter-attacking fifty that proved to be the cornerstone of Mumbai's excellent 330 for six against Bengal
Former Board of Control for Cricket in president Narayanswami Srinivasan suffered another jolt on Tuesday as one of his closest confidantes, Sanjay Patel, was stripped of his primary membership by the Baroda Cricket Association on allegations of financial irregularities.
Uday Saharan's India won hearts and held out promise of a bright future for the Fab 15.
State-owned Bank of Baroda on Monday said actor Sunny Deol has offered to settle the dues related to his bungalow in Mumbai.
In mid-March this year, the finance ministry asked state-run banks to review their gold loan portfolio for the two-year period between January 1, 2022, and January 31, 2024. This business had grown at a fast clip. Reserve Bank of India (RBI) data has it that it grew 15 per cent to Rs 1 trillion in FY24. Now, in recent times, any kind of exuberance in financial services has seen the authorities swoop down - be it pushing the lines on governance or unsecured credit.
Shivam Dube carried his rich recent form into domestic circuit cracking a rapid fifty but Shreyas Gopal's four-wicket haul ensured that Mumbai were bowled out for 251
'We used to get Rs 250 for a Test match, and if the match was over in 4 days, 50 rupees were cut.'
Virender Sehwag's decision to continue batting at No 3 didn't make much of a difference to his poor form but defending champions Delhi did enough to beat Jammu and Kashmir by 38 runs in the opening fixture of the north zone leg of the Vijay Hazare Trophy.
As many as 80-85 per cent Paytm wallet users will not face any disruption because of regulatory actions, and the remaining users have been advised to link their apps to other banks, RBI Governor Shaktikanta Das said on Wednesday. The Reserve Bank of India on January 31 barred Paytm Payments Bank Ltd (PPBL) from accepting deposits, credit transactions, or top-ups in any customer accounts.
The 81-year-old Tunda, a close aide of wanted terrorist Dawood Ibrahim, was accused of carrying out blasts in five trains in different cities in December 1993 to mark the first anniversary of the Babri Masjid demolition.
Credit outstanding to the housing sector rose by nearly Rs 10 lakh crore in the last two fiscals to reach a record Rs 27.23 lakh crore in March this year, according to RBI's data on 'Sectoral Deployment of Bank Credit'. Experts from banking and real estate sectors attributed this growth in housing credit outstanding to a strong revival in the residential property market post-COVID pandemic on pent-up demand. According to the data of the Reserve Bank of India (RBI) on sectoral deployment of bank credit for March 2024, the credit outstanding to the housing (including priority sector housing') stood at Rs 27,22,720 crore in March 2024, up from Rs 19,88,532 crore in March 2023, and Rs 17,26,697 crore in March 2022.
Ishan Kishan did not want to see his performance as a tool to prove a point to his detractors.
BCCI secretary unveils plans for WPL 2024
'I was confident that I would surely get into any of the IPL teams, but I was not picked.'
Limbani, the lanky 18-year-old right-armer from Baroda, who primarily bowls inswingers at mid 120s, didn't let any of the Nepalese batters settle down and pitched it up, getting sufficient movement.
"It was high time the message was given and this strong step by the BCCI will go a long way in restoring the prestige of domestic cricket," he added.
Credit-to-deposit (CD) ratio of major public sector and private sector banks during the October-December quarter of FY24 inched up as compared to the previous quarter though government-owned lenders reported a lower rate than their private peers. CD ratio is the ratio of the funds that banks lend as compared to the funds raised in the form of deposits. The CD ratio of top public sector banks (PSBs) - State Bank of India, Punjab National Bank, Bank of Baroda and Canara Bank - was lower than their private counterparts.
Legendary Sachin Tendulka's presence on the second day served as a huge motivating factor for 19-year-old Mumbai batter Musheer Khan.
India skipper Rohit Sharma on Monday had a stern message for aspirants wanting to make the national Test team without putting in the hard yards -- opportunities will only be given to those who show "hunger for success" in the "toughest" format.
Gurucharan Singh's Dhawan Creative apparently clocked trades 10 times its capital in a few months.
The Interim Budget for 2024-25 (FY25) to be presented on February 1 is likely to assume 10-10.5 per cent nominal gross domestic product (GDP) growth against 8.9 per cent estimated for FY24 by the National Statistical Office (NSO). "We were waiting for the First Advance Estimates GDP numbers for FY24. "We will finalise the nominal GDP growth assumption for FY25 Interim Budget in a couple of days.
On any given day, team-mates celebrating a wicket wouldn't cause a picture going viral, but knowing the bitter history between these former Baroda team-mates, this was anything but a regular reaction.
Indian state-owned Bank of Baroda said on Monday it would cut its prime lending rate by a quarter percentage point to 10.75 per cent from June 1.
Banks submitted bids amounting to Rs 4.75 trillion, around 2.5 times of the notified amount of Rs 1.75 trillion, at the Variable Rate Reverse Repo (VRR) auction conducted by the Reserve Bank of India (RBI) on December 22, a day after the liquidity deficit in the banking system widened to Rs 2.5 trillion. In the most recent VRR auction held by the RBI on December 15, bids totaling 2.7 times the notified amount were received. Banks secured Rs 1 trillion at a weighted average rate of 6.63 per cent.
They can make a comeback to the Indian team for the T20 World Cup in June if they fare well in IPL 2024.
It was another Ranji Trophy match at Bansi Lal Stadium that turned out to be farcical contest as Baroda beat Bengal by 21 runs with 40 wickets falling well inside two days.
Baroda off-spinner Mahesh Pithiya, whose bowling style is quite similar to Ravichandran Ashwin, has flown to Bengaluru for the visitors' four-day training camp in Bengaluru after Australia's coaching staff had seen his clips on Instagram.
A round-up of Ranji Trophy matches played across India on Monday
The protesting farmers' main demand to legalise the minimum support price (MSP) regime has divided opinion. One school of thought says it would lead to crop diversification and help India keep under check its burgeoning import bill on edible oils and pulses, while another says it would incentivise farmers to produce low-quality crops. Contrary to popular perception, India has a trade surplus in agriculture and allied activities, which stood at $18.65 billion during 2022-23 (FY23) against $15.92 billion in the previous year. However, the surplus was mainly on account of rice, wheat, sugar, spices, and buffalo meat.
India captain Rohit Sharma including mainstays Virat Kohli, Jasprit Bumrah and Ravindra Jadeja have placed in the highest category of BCCI central contracts.
Sachin Tendulkar has termed playing under Aunshuman Gaekwad as some of the "better years" of his cricketing career and that the former India coach was someone who could always be trusted.
The mutual fund (MF) industry had an action-packed 2023 as it tackled the scrapping of tax benefits for debt fund investors and surging flows into equity funds.
Hardik Pandya's bid to hasten his comeback towards the business end of last year's ODI World Cup game actually aggravated his ankle injury and in the process delayed his possible return by five months.
India will be looking for another favorable result to extend their lead in the World Test Championships standings.
'Most of the bot attacks have originated from outside India.' 'Our firewalls are resilient and withstood the attacks.'
There has been a sharp recovery in the headline corporate earnings in the April-June 2023 quarter (Q1FY24), after a dismal showing by early bird companies. The combined net profit of the 983 listed companies that have declared their quarterly results, so far, was up 64.7 per cent year-on-year to record a high of Rs 2.68 trillion in the first quarter, but growth in earnings remained lopsided because most of the incremental gains came from a handful of companies. Moreover, the quarterly numbers showed a continued slowdown in revenue growth.
The IPL has been a platform where uncapped players have excelled and many have made their way into the national side. Ahead of this year's auction, a look at uncapped players who could initiate a bidding war among the franchises.
Party treasurer Ajay Maken has claimed that "democracy will be over if the action of probe agencies goes unchecked" and said the Congress has full faith in the judiciary.
Growth rate in per capita income is projected to fall to the lowest in 21 years this financial year - except for the financial years 2019-20 (FY20) and 2020-21 (FY21) - according to the first advance estimates. During the last 21 years, the two periods - FY20 and FY21 - saw growth rates in per capita income lower than 7.9 per cent, seen during FY24. This was despite the real gross domestic product (GDP) being projected to grow by 7.3 per cent in the current financial year by the first advance estimates.
