IMAGES from the ICC World Cup match between New Zealand and Sri Lanka at the M Chinnaswamy stadium, in Bengaluru, on Thursday.
Titan posted better than expected revenue growth in the March quarter of the financial year 2022-23 (Q4FY23), powered by strong demand trends in the jewellery and watch segment. Standalone jewellery sales for the firm were up 24 per cent year-on-year (YoY) on a slightly lower base and aided by like-to-like growth of 19 per cent. The company highlighted that new buyer growth was at 15 per cent while average ticket size was up 8 per cent.
If the fiscal deficit for the year can be maintained at Rs 7.04 trillion, the deficit as a percentage of GDP will slip to 3.44 per cent
The country's foreign exchange reserves crossed the $600 billion mark for the first time after increasing by $6.842 billion in the week ended June 4, RBI data showed on Friday. The reserves surged to a record $605.008 billion in the reporting week, helped by a rise in foreign currency assets (FCA), a major component of the overall reserves, as per weekly data by the Reserve Bank of India (RBI). In the previous week ended May 28, 2021, the reserves had swelled by $5.271 billion to $598.165 billion.
Madan Lal said that though it is great that pace spearhead Jasprit Bumrah has made his return to the national side for the series against Ireland
The total recoveries have climbed to 8,17,208, while there are 4,40,135 active cases of coronavirus in the country at present, the govt said as the COVID-19 tally surged to 12.87 lakh.
In the April-June quarter (Q1) of 2023-24 (FY24), growth in sales of FSN E-Commerce Ventures (the parent company of Nykaa) decelerated to 24 per cent year-on-year (Y-o-Y), and 9 per cent quarter-on-quarter (Q-o-Q), compared with 34 per cent in the previous quarter, due to a decline in the beauty & personal care (BPC) and fashion division's gross merchandise value (GMV). But Nykaa claimed it gained market share in both divisions. The earnings before interest, taxes, depreciation, and amortisation (Ebitda) margin of 5.2 per cent expanded 120 basis points (bps) from a year earlier.
Many analysts over the past week have said the RBI has legroom to cut rates to the tune of 65 bps by June and some like Barclays and BofA have also spoken about the likelihood of an inter-meeting cut.
The recent rally in small and midcap (SMID) stocks is not backed by fundamentals and is a case of irrational exuberance, analysts at Kotak Institutional Equities said in a recent report. The fundamentals of most of these companies have, in fact, worsened over the last few months, they noted. Yet, some analysts expect the bull run in these stocks to continue amid intermittent corrections.
Chairing the 19th meeting of the Group of Ministers (GoM) on COVID-19 through video-conference on Friday, Vardhan said India has achieved the milestone of more than 10 lakh recoveries, a recovery rate to 64.54 per cent.
Farmer Ishwar Gaykar (36), from Pachghar village in Junnar tehsil of Pune district, had faced a difficult decision of dumping a large quantity of harvested tomatoes in May this year due to low prices.
RBI in wait and watch mode as several risks to inflation continue to exist including a sudden reversal of food prices and oil price volatility.
The spreads between state development loans and equivalent-maturity government papers have started widening, and market participants don't expect them to contract anytime soon. The rise in spreads is a direct measure of market displeasure than a rise in yields.
India has surpassed the United States to become the fastest COVID-19 vaccinating country in the world with an average daily rate of 30,93,861 vaccine doses, the Union health ministry said.
Jasprit Bumrah will definitely be a part of India's plans for the T20 World Cup but there is not clarity on the T20 future of Rohit Sharma and Virat Kohli.
Jaitley said govt would achieve 4.1% fiscal deficit target in FY15.
Nirma's tryst with the pharmaceutical space started in 2006 when it acquired the ailing Core Healthcare in a deal reported to be worth Rs 300 crore. The Ahmedabad-based manufacturer of intravenous fluids was subsequently renamed Nirlife. Pharma industry insiders say Nirma, which broke open the detergent market in the 1990s with low prices and massive advertising, tried an encore of the low-price strategy in pharma, but with mixed results.
Probably in August. We can argue whether RBI is dovishly neutral or neutrally dovish but the telltale signs of at least one more rate cut are strewn all over the policy statement, points out Tamal Bandyopadhyay.
We should fill our heart with things that we will be proud of when anyone opens our hearts -- fill it with love rather than hate, fill it with confidence rather than fear, with care rather than apathy, with warmth rather than indifference, suggests Cardiac Surgeon Dr Sanjeeth Peter.
DC slumped to their fourth consecutive loss in the ongoing IPL after being outplayed by Mumbai Indians
India's COVID-19 tally had crossed the 20-lakh mark on August 7.
The Reserve Bank of India, for the second straight time, on Thursday kept its key policy rate unchanged at 5.15 per cent, maintaining its accommodative policy stance as long as it was necessary to revive growth. The central bank retained GDP growth at 5 per cent for 2019-20 and pegged it at 6 per cent for the next fiscal.
Gross value added in agriculture and allied activities clocked a healthy growth rate of 4.5 per cent at constant prices in the second quarter of FY22, up from 3 per cent during the same period last fiscal year and 3.5 per cent in Q2 of 2019-20. In the first quarter of FY22, gross value added in the sector was also 4.5 per cent. Growth in current prices was also a healthy 7.9 per cent in July-September 2021-22, up from 7.3 per cent in the same quarter last fiscal year. It was slightly less than the 8.7 per cent of the second quarter of 2019-20.
Higher interest rates in the US do not necessarily coincide with capital outflows.
The chief minister said his government has already provided 365 days maternity leave to women in service and 30 days paternity leave to male employees to encourage them to raise babies.
The Nifty Bank index has come off 15 per cent from its peak in February, underperforming the benchmark Nifty which is down 6%.
A careful reading of the national income accounts suggests that after a strong recovery from the pandemic, there has been a significant ebbing of dynamism over the last three quarters to more modest levels recently, note Arvind Subramanian and Josh Felman.
Friday Night Plan's sweet-natured heart and sanitised humour are happier focusing on the inherent niceness teenagers are capable of, observes Sukanya Verma.
Choose a higher sum insured if you are going on a long trip, and if your age is above 45.
India must be prepared to deal with climate disasters, geopolitical confrontations, and social strife linked to global events, asserts Jayant Sinha, chairman of Parliament's Standing Committee on Finance.
'Geopolitical risks and their impact on oil prices, if any, are another concern for global markets, particularly for India.'
Here are some learnings and points of view on why should a business pay attention to and invest in social media.
Companies don't have to be in the field to nudge people to return money they owe lenders.
An improvement in political relations, anchored in a restoration of peace and tranquillity at the border, could open up opportunities for expanded economic and commercial relations between them, suggests former foreign secretary Ambassador Shyam Saran.
Ratings are based on the overall exposure to default risk, with regard to timely receipt of payments from the investments the scheme has made.
Afghanistan cricketer Usman Ghani has decided to put a pause on his international career following his exclusion from Afghanistan's international squad.
The government has ordered monoclonal antibody from Indian Council of Medical Research to treat the child. It is the only available anti-viral treatment for Nipah virus infection, though it has not been clinically proven yet.
It was a year of so many contradictions and contrasts that it became dangerous to talk about movies, people lost their heads discussing Friday releases, psychiatrists began dabbling in film criticism, and film critics turned into psychiatrists, says Sreehari Nair.
Their downside is that the donor relinquishes all control over the transferred property, and certain tax implications may also arise.
'Suvinder Vicky in Kohrra. Manoj Bajpayee in Joram. Mohammed Zeeshan Ayyub in Joram and Scoop. Gagan Dev Riar in Scam 2003. Sukant Goel in Kaala Paani.' 'The number of awards will not be enough for the kind of work that has happened this year.'
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