India's manufacturing sector growth fell to a joint 11-month low of 56.5 in November, restricted by competitive conditions and inflationary pressures amid a softer increase in factory orders, a monthly survey said on Monday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) fell from 57.5 in October to 56.5 in November, signalling a softer improvement in the health of the sector. However, the pace of growth remained above its long-run average.
India's manufacturing sector growth recovered from September's eight-month low to 57.5 in October fuelled by faster increases in total new orders and international sales, a monthly survey said on Monday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) rose from September's eight-month low of 56.5 to 57.5 in October, indicating a substantial and accelerated improvement in operating conditions.
'As we navigate uncertain waters, a conservative approach to largecap investing could provide a strategic advantage.'
Reliance Jio's major subscriber losses continued for the third straight month with 7.96 million users leaving the telecom operator in September, even as the state-owned BSNL stood out as the lone gainer, data from the Telecom Regulatory Authority of India (Trai) showed on Thursday. Market leader Jio's subscriber loss has continued since July when the three private telecom operators - Jio, Bharti Airtel, and Vodafone Idea (Vi) - brought in a broad-based hike in tariffs.
Dalal Street minnows stole the show in 2024, giving handsome returns to investors, helped by a largely optimistic trend in the stock market and impressive retail investors' participation. Analysts attributed the positive trend in the equity markets, where the benchmark indices shattered many records this year, to robust domestic liquidity, strong fundamentals of the Indian economy, and policy continuity.
ICICI Bank, Tata Motors, Tata Steel, NTPC, JSW Steel, State Bank of India and Adani Ports were the other big gainers. Asian Paints, Nestle, Tech Mahindra, HCL Technologies, Hindustan Unilever, Infosys and ITC were the other big laggards.
He overtook Australian spinner Nathan Lyon to become the seventh highest wicket-taker in Test cricket.
The two-wheeler giant had only 14 per cent of the electric two-wheeler market in May this year, but its 26.8 per cent in December
The principal opposition party though appeared content securing 99 of the 543 seats in the 2024 national elections as against its all-time low of 44 in 2014 and then 52 in 2019.
A four-term Congresswoman, 2020 presidential candidate and NYT bestselling author, Gabbard is a veteran with three deployments to war zones in the Middle East and Africa. She recently moved from being a Democrat to a Republican member.
In order to boost its deposit base, State Bank of India (SBI) is focusing on various segments, including JanDhan account holders, trusts, societies, and the segment below the affluent class but above the normal account holders. According to Ashwini Tewari , managing director, SBI, the bank is focusing on three broad segments. One is wealth banking, where the bank is focusing on individuals who perhaps do not qualify for private banking but are above regular accounts and require individual attention.
The other Indian bowlers who have taken 300 Test wickets or more include Anil Kumble (619), R Ashwin (524), Kapil Dev (434), Harbhajan Singh (417), Ishant Sharma (311) and Zaheer Khan (311).
'Sectors that had been left out till now will also start participating in the rally.'
India's journey with 5G still has a long way to go. The country ranked 33 out of 39 in the 5G Connectivity Index for the second quarter of 2024, released by GSMA Intelligence. However, in areas like 5G revenue growth, data affordability, and video quality, India ranks among the best in the world.
'If people want to work 90 hours, we should let them work.' 'If people want to work 30 hours, you should let them work 30 hours.' 'But they should not expect the same level of success and attention.'
In a year bookended by intractable conflicts and geopolitical fragmentation, India focused on ramping up military prowess by broadly firming up defence procurement worth Rs 4.22 lakh crore even as Indian and Chinese militaries completed pulling back their troops from border face-off points in eastern Ladakh.
Going to bed without removing your makeup can clog your pores and make your complexion lacklustre, cautions Dr Trupti D Agarwal.
The paint sector is seeing heightened competition with the entry of deep-pocketed groups like Aditya Birla and JSW. However, some brokerages see an opportunity in select stocks.
'But it is only now being detected more via a test that costs about Rs 15,000 to Rs 20,000.' 'The HMPV virus typically causes mild respiratory symptoms in most people, but can be more severe in young children, the elderly, and those with compromised immunity.'
He will become the seventh bowler overall and only the second England bowler, after James Anderson, to reach the landmark figure.
Ahead of the crucial legislature party meeting scheduled for Wednesday, Bharatiya Janata Party leader Devendra Fadnavis met with caretaker Chief Minister Eknath Shinde on Tuesday, the first in-person meeting since their discussions in Delhi last week for government formation.
The Uddhav Thackeray-led Shiv Sena (UBT) has shifted its focus back to Hindutva after suffering significant losses in the recent Maharashtra assembly elections. The party has been vocal about attacks on Hindus in Bangladesh and has taken a stance to "protect" a Hanuman Temple in Mumbai. Observers say this move is an attempt to regain its core voter base and counter the BJP's narrative on Hindutva, ahead of the upcoming civic polls. Analysts believe the party's "secular" stand may not be effective in the BMC elections and that its return to Hindutva is a sign of frustration from electoral setbacks.
After a prolonged winter, the Indian edtech sector seems to be witnessing some signs of a thaw. The sector has received $608.8 million of funding across 68 deals in 2024 so far - 153 per cent more than the $240.9 million across 106 deals during the same period last year - according to data from market intelligence platform Tracxn.
'Geopolitics will be the most important driver of financial markets in 2025.'
'He treated stars and assistants with the same unfailing courtesy.'
The case was registered following a complaint filed by KP Sumesh, a local Communist Party of India leader, seeking legal action against Gopi for allegedly misusing an ambulance to reach the Pooram venue flouting police restrictions.
Will Rohit Sharma get one final opportunity to salvage his Test career?
Stuart Broad's England career is "nowhere near done" despite the paceman's omission from the Test series opener against West Indies, stand-in skipper Ben Stokes said. A "frustrated, angry and gutted" Broad sought future reassurance after being dropped for the Test as England opted for the express speed of Jofra Archer and Mark Wood and the experience of James Anderson in their pace attack.
Usman Khawaja will replace Travis Head in Australia's middle order for this week's fourth Ashes Test against England in the only change to the side that wrapped up the series in Melbourne last week.
Infosys Ltd on Thursday reported a 4.7 per cent rise in the September quarter net profit and raised revenue guidance after broadbased growth. Net profit of Rs 6,506 crore in July-September was up 4.7 per cent when compared to Rs 6,212 crore earnings in the same period last year. It was 2.2 per cent higher quarter-on-year, according to a company statement.
Zakir Hussain was the maestro of tabla, percussionist, composer and even actor -- a legend who was India's very own and yet belonged to the world. Hussain died from 'idiopathic pulmonary fibrosis', a lung disease, in a San Francisco hospital early Monday. He was 73.
'To be able to sail through such volatilities, it is prudent to focus on quality.'
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.
After climbing to a record high of Rs 523 on September 30, shares of commodity major Vedanta have come off over 15 per cent amid a fall in the overall markets. The Anil Agarwal-led firm's latest slump comes after its stock price doubled over the past one year. Is it a blip or a trend reversal?
Ensure the sum insured for the super topup is enough to cover even worst-case scenarios.
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