Global fund managers witnessed one of their largest-ever declines in assets under custody (AUC) during the ongoing correction in the Indian markets, as stocks came under pressure from foreign outflows and the weakening rupee.
In today's rapidly evolving digital payment landscape, security concerns remain a top priority for stakeholders across sectors.
India and the US are expected to have smooth trade negotiations after US President Donald Trump and Indian Prime Minister Narendra Modi had a productive meeting during Modi's visit to the White House last month, Stephen A Schwarzman, chairman, chief executive officer, and co-founder of one of the world's largest alternative investment firms, Blackstone Group, said in Mumbai on Wednesday.
Within India, people are selecting destinations via routes such as Lakshadweep, Alappuzha, the Sundarbans, Goa and Kochi for pre-wedding parties.
The present government had removed the need for clearance from Dhaka for Pakistani heads of missions while issuing visas, Bangladesh high commissioner to Pakistan Iqbal Hussain told the business community here at the Lahore Chamber of Commerce and Industry on Saturday.
Retail investors have been the hardest hit in the recent market downturn, with stocks where they hold over 20% falling 45% from their 52-week highs.
India and the US have decided to hold sector-specific talks in the coming weeks to finalise the structure of the proposed bilateral trade agreement (BTA), the government said on Saturday. The engagement between the two countries came in the backdrop of the USA's threat to impose reciprocal tariffs on its key trading partners, including India, on April 2.
'They are ideal for short-term financial goals like children's education or a down payment for a house.' 'They are also useful for transitional savings, such as during job switches or while starting a business.'
Gross GST collections rose by 9.1 per cent to about Rs 1.84 lakh crore in February, boosted by domestic consumption and indicating potential economic revival. As per the official data released on Saturday, on a gross basis, mop up from Central GST stood at Rs 35,204 crore, State GST at Rs 43,704 crore, Integrated GST at Rs 90,870 crore and compensation cess of Rs 13,868 crore.
India is home to more than 100 million diabetics, and the demand for anti-diabetic drugs is on the rise -- the Rs 20,611 crore anti-diabetic drug market in India is growing at 9 per cent or so.
The recent selloff in the Indian equity market has been far more painful for mid and smallcap stocks compared to largecap stocks. The benchmark BSE Sensex is now down 9.5 per cent from its record monthly closing of 84,300 at the end of September last year. In the same period, the BSE MidCap has lost 17 per cent of its value, while the BSE SmallCap has corrected by 17.1 per cent.
Mint Road, on December 21, 2023, flagged the role of self-regulatory organisations (SROs) in strengthening the compliance culture in regulated entities (REs) and providing a consultative platform for policymaking. It also decided to issue an omnibus framework for SROs.
'Currently, it takes between two and three years to formulate the request for proposal for procuring specific military equipment for the armed forces. It should not be this way.'
Putin is keen on establishing a good personal rapport with Trump and anchor a meaningful US-Russia partnership, realistic enough to accept that Trump is as good an American president as Russia would ever get, observes Ambassador M K Bhadrakumar.
'Expect India to keep doing well irrespective of geopolitics.'
Major Indian carmakers are preparing for sluggish domestic PV sales growth of just 1-2 per cent in FY26.
German technology major SAP views India as the fastest growing market, where it plans to embark on an aggressive hiring spree, a top company executive said on Wednesday. "India is among the top 10 markets for SAP and growing fastest. We will continue to invest in India. "We are expanding our campus to accommodate 15,000 more people.
Musk said on Friday that he believes India-US ties are "trending positive" and that he favours an enhanced trade partnership between the two nations.
Tahawwur Hussain Rana, a Pakistan-born Canadian national and close associate of David Coleman Headley, could be extradited to India in connection with the 26/11 Mumbai terror attacks. Rana's travel history in parts of north and south India before the attacks in 2008 is expected to provide crucial leads for the investigation. His extradition would mark the third person to be tried in India for the attacks, after Ajmal Kasab and Zabiuddin Ansari alias Abu Jundal.
A CAG report has found that the 2021-22 Delhi excise policy created risks of monopolies and brand pushing by an "exclusive arrangement" between a few wholesalers and manufacturers. The report highlights that three wholesalers controlled over 71% of the total liquor supply chain in the city, with just 25 brands accounting for nearly 70% of total liquor sales. The report also criticized the formation of retail zones with a minimum of 27 wards in each zone, which limited the number of total licensees and increased the risk of monopolization and cartel formation.
The US involvement in Ukraine and the Middle East is a distraction which has to end quickly so that the main business of China can be focussed on. China is America's only peer competitor, not Russia and not anybody else. Therefore it makes little sense to be diverted from the overall mission, explains Aakar Patel.
The Indian market remains an attractive place to do business for the nation's entrepreneurs, with 75 per cent of them operating domestically.
A 67-year-old Indian-origin nurse, Leela Lal, was severely beaten by a patient at a Florida hospital, leaving her with multiple facial fractures and potentially losing her eyesight. Stephen Eric Scantlebury, the 33-year-old patient, allegedly made racially charged comments during the attack, leading to a hate crime enhancement in his charges. Lal's injuries are described as critical, with "essentially every bone in the victim's face" broken. Scantlebury remains jailed, with a judge ruling him a danger to the community.
The chartered flight, operated by a private firm, carrying Rishiraj Sawant (32) and his two friends returned to Pune airport between 8 pm and 8.30 pm on Monday, abruptly cutting short a trip to the Thailand capital which was not disclosed to the former minister, who is leader of the ruling Shiv Sena, and his family.
Ashok Vaswani, a banker with more than three-and-half decades experience in building and scaling up businesses across consumer and corporate banking and payments, will be the next managing director (MD) and chief executive officer (CEO) of Kotak Mahindra Bank. Last week, the Reserve Bank of India (RBI) had given its approval to Vaswani's appointment. Vaswani is currently President of Pagaya Technologies, a US-Israeli artificial intelligence (AI) fintech firm, which he joined in June 2022.
Before heading abroad, ensure your travel insurance policy offers all essential coverage and has an adequate sum insured.
A survivor of the fatal speedboat-ferry collision in Mumbai has accused the Navy speedboat driver of "showing off" and "being in a playful mood" before the crash that claimed 14 lives. Gautam Gupta, who lost his aunt in the incident, described the driver's reckless maneuvering, which ultimately led to the collision with the ferry carrying passengers to Elephanta Island. Gupta also disputed the Navy's claim of engine failure in the speedboat, saying the driver was seen zig-zagging through the water and appeared to be enjoying the attention before the collision. The incident has sparked outrage and raised questions about safety protocols and accountability.
Novice investors must understand that volatility is an inherent part of equity markets and learn to navigate through such phases.
Watch out for vague relationship statuses, reluctance to share personal details or a pattern of disappearing on weekends and holidays, warns Ravi Mittal, CEO of QuackQuack, an online dating Website.
Titan, Nestle, Hindustan Unilever, State Bank of India, Larsen & Toubro, ITC, Zomato and Bajaj Finserv were also among the laggards. Adani Ports, IndusInd Bank, Tata Motors and HDFC Bank were among the major gainers.
The Uttar Pradesh government has announced a special Rs 10,000 bonus and the 'Maha Kumbh Seva Medal' for 75,000 police personnel who served during the Maha Kumbh in Prayagraj. Chief Minister Yogi Adityanath praised the police force's efforts in managing the grand religious event, highlighting the event's economic impact and the transformation of the UP Police into a "Mitra Police." He also emphasized the state government's commitment to police welfare and infrastructure development, citing increased recruitment and budget allocation.
State Bank of India, Adani Ports, Tata Consultancy Services, ICICI Bank, Reliance Industries and PowerGrid were also among the laggards.
Uttar Pradesh Chief Minister Yogi Adityanath slammed the opposition Samajwadi Party over the 2013 Kumbh Mela arrangements, accusing the then chief minister Akhilesh Yadav of appointing a "non-Sanatani " as the in-charge of the religious congregation in Prayagraj. Adityanath highlighted the presence of dignitaries, including the President, Prime Minister, and heads of state from 74 countries, at the recent Maha Kumbh, contrasting it with the "chaos, corruption, and pollution " of the 2013 event. He also criticized the opposition's criticisms of the Maha Kumbh arrangements, arguing that everyone found something in accordance with their nature and character. Adityanath refuted allegations of discrimination against any community at the Maha Kumbh, emphasizing the unity and inclusivity of the event.
As Ukraine's President Volodymyr Zelenskyy was petitioning members of the United States Congress to pass a bill earmarking more US aid for his besieged country, Russian President Vladimir Putin attended a flag-raising ceremony for two nuclear-powered submarines, Krasnoyarsk and Emperor Alexander The Third, in the northern city of Severodvinsk, Russia.
There was talent and a pathway, but a decade down the road the UAE have not made any other appearances in a global event.
'We have got lots of energy within the group and as I said before we are really excited about the opportunity that we have given ourselves to go out there and play our best game.'
Travel booking major OYO has launched a new check-in policy for partner hotels, starting from Meerut, introducing guidelines effective this year whereby unmarried couples will no longer be welcome to check in.
Dr. Shriram Singh, a 58-year-old Indian academic and entrepreneur, was shot and killed in Atlanta, Georgia. His family suspects business rivalry may be behind the murder. Dr. Singh, a native of Gonda, India, had been living in the US for nearly four decades and had built a successful business empire. His family is seeking justice and security after his tragic death.
Australia's Ashleigh Gardner replaced compatriot Beth Mooney as Gujarat Giants' captain for WPL 2025.
A stampede at New Delhi Railway Station on Saturday night claimed 18 lives, including 11 women and 5 children. Thousands of passengers, mostly Maha Kumbh pilgrims, crowded the station to board trains to Prayagraj, leading to a surge of people that became impossible to manage. The chaos unfolded when a last-minute platform change announcement caused confusion and panic, resulting in a crush of people at an escalator. As dawn broke, railway staff began the grim task of cleaning up, while grieving families gathered at the hospital to identify their loved ones.
