Employment in urban areas in the first quarter of 2024-25 (FY25) improved over the previous one. The unemployment rate in April-June (Q1) declined to 6.6 per cent from a four-quarter high of 6.7 per cent in January-March FY24 owing to the fall in the male unemployment rate, according to the quarterly Periodic Labour Force Survey (PLFS) data, released by the National Statistical Office (NSO) on Friday.
IT major Infosys Ltd on Thursday reported a 7 per cent rise in first quarter net profit and raised its growth outlook for the current financial year. The consolidated net profit of Infosys increased to Rs 6,368 crore in the April-June quarter, compared to Rs 5,945 crore in the same period a year back, according to a stock exchange filing by the company.
New initiatives to boost cooperation to ensure stability in the Indo-Pacific, ways to find peaceful solutions to the conflicts in Ukraine and Gaza and addressing concerns of the global South will be the focus of Prime Minister Narendra Modi's three-day visit to the US beginning Saturday.
Over 24,000 people have registered for the 'Modi & US Progress Together' event in Uniondale, New York.
'Over the next 12 months, it will be difficult to make 15 to 20 per cent return in the markets as the valuations appear stretched.'
A 40-year-old Indian doctor was held in a US jail on a USD 2 million bond after being charged with multiple sex crimes for allegedly recording hundreds of nude images and videos of children and women over several years, according to media reports.
The outlook for India's financial sector appears bright, but it needs to brace for likely vulnerabilities, said Economic Survey 2023-24 tabled in Parliament on Monday. The Indian financial sector is at a "turnpike moment", it said, adding that the dominance of banking support to credit is being reduced, and the role of capital markets is rising. For a country that aspires to be a developed nation by 2047, this is a long-awaited and welcome development, it said.
Sitaram Yechury strived to have the country's Left movement shed its doctrinaire approach to India's socio-cultural complexities and stitch electoral and social alliances to fight the Sangh Parivar.
The draft of the anti-rape bill, scheduled to be tabled by the Mamata Banerjee government in the West Bengal assembly on Tuesday, proposes capital punishment for persons convicted of rape if their actions result in the victim's death or cause her to become vegetative.
Images from Day 5 of the third and final Test match between England and West Indies in Manchester, on Tuesday.
Those whose names were mentioned during Prime Minister Narendra Modi's Mann ki Baat radio broadcast, swacchagrahi or foot soldiers who have played a key role in cleanliness drives and women sarpanches (village heads) are also part of the list shared by the Union ministry of home affairs to be invited for the function.
The outflows could be a result of a mix of factors led by the underperformance of some of the larger funds amid elevated return expectations.
'While on the one hand, terrorism continues to be a serious threat to global peace and security, on the other hand, areas such as cyber, maritime and space, are emerging as new theatres of conflict'
Schoolchildren will be taught how to spot extremist content and fake news online under proposed changes to the curriculum in the wake of far-right riots across United Kingdom cities fuelled by misinformation on social media.
rediffGURU Mahesh Padmanabhan answers readers' personal income tax queries.
Fear of a recession in the US due to rising unemployment has added to the concerns of India's IT services sector, which was seeing some growth returning after Q1FY25 results. The Nifty IT closed 3.26 per cent down, as major IT services companies' stock value fell. Tata Consultancy Services (TCS), India's largest IT services firm, saw its stock price fall 4 per cent during intraday trading.
'The consensus was that the debate was between looking backward and looking forward.' 'Trump, with his great enamourment of his own 'achievements,' was obviously looking backward, while Harris, nearly 20 years his junior, was focussing on the future, with hope,' notes Shreekant Sambrani.
England's decision to go with James Anderson, Jofra Archer and Mark Wood for the first Test in Southampton snapped Stuart Broad's run of 51 consecutive home Tests.
Stuart was docked 15 per cent of his match fees and a third demerit point was added to his disciplinary record - a punishment made on the recommendation of Broad senior for using inappropriate language against Pakistan's player Yasir Shah during the first Test in Manchester.
'Although there is a visible dent in TMC's urban votes, especially among women, the CPI-M and the BJP are unlikely to benefit from this'
Could the Chennai Test against Bangladesh this week be Ravichandran Ashwin's last Test in front of his home fans?
Defence Minister Rajnath Singh on Thursday called upon the top military brass to analyse the conflicts in Ukraine and Gaza as well as the current situation in Bangladesh to "predict" any future problems and stay prepared to deal with the "unexpected".
There are few leaders in the Opposition line up who can claim a path to party leadership like Sitaram Yechury and certainly, very few who blended that ascent through student politics with awareness about non-elite real India, urban India and liberal politics, as he did, notes Shyam G Menon.
Broad has prior experience of captaining England, in 27 T20 internationals and three ODIs, between 2011 and 2014.
Commenting on the batsman who troubled them most, both named former South Africa skipper Graeme Smith.
In June, Sensex went up 6.6% and Nifty 6.9%, their best monthly gains since December 2023.
IIT Madras secured the top position out of the 10,885 institutes that took part in the NIRF's ninth edition.
Kevin Pietersen is concerned about England's Test bowling resources when the long-serving pace duo of James Anderson and Stuart Broad call time on their careers
WHO has urged people at risk to keep up with their vaccinations with boosters.
The Centre has increased the area granted to individual players by more than four fold in order to boost mining of critical minerals. Issuing an order on Tuesday, the government said, for mining leases, the area has been expanded from the current limit of 10 sq km to 50 sq km. For prospecting licences (granted in the case of composite licence), the limit has been increased from 25 sq km to 100 sq km.
The draft legislation seeks capital punishment for persons convicted of rape if their actions result in the victim's death or leave her in a vegetative state.
Take a look at the stars who posed with Kim Kardashian.
The respondents were from over 22 states with 85 percent of them being under 35 years while 61 percent were interns or postgraduate trainees.
'The government should come back as a job creator as it did in the 1960s and the 1970s.'
The revamped Champions League will feature a tennis-style seeding system for the last-16 knockout phase, UEFA said.
'Asset allocation should be driven much more by long-term factors rather than the market scenario at any particular point in time.'
Cummins is one of cricket's most recognised players as a top performer in all three formats (test, one day and T20) who led Australia to the test and one-day world championships last year.
Stuart Broad and Chris Woakes hit the ground running at Trent Bridge (Nottingham) and Edgbaston (Birmingham) respectively.
Against the Reserve Bank of India's (RBI's) projection of 7.1 per cent, India's first quarter (Q1) 2024-25 (FY25) gross domestic product (GDP) growth came in at 6.7 per cent. This is in line with market expectations and significantly lower than the 7.8 per cent recorded in the fourth quarter (Q4) 2023-24 (FY24) and 8.2 per cent in Q1FY24. The quarter witnessed decreased government consumption and investment spending due to the parliamentary election.
Broad posted his picture on Instagram, saying the Test match will be glorious at Lord's.
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