The Supreme Court of India censured the Assam government for keeping persons declared foreigners in detention centers indefinitely and not deporting them. The court questioned the state's explanation for not sending nationality verification forms to the Ministry of External Affairs, stating that detainees should be deported immediately once identified as foreigners. The court directed the Assam government to initiate the deportation process of 63 declared foreign nationals whose nationality was known and file a status report in two weeks. The court also directed the Centre to provide details of those deported and how it plans to deal with detainees whose nationality is unknown.
"Are you waiting for some muhurat," the Supreme Court remarked on Tuesday as it came down heavily on the Assam government for keeping people declared as foreigners in detention centres indefinitely rather than deporting them.
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Oil marketing companies (OMCs), paint manufacturers, tyre producers, and aviation stocks witnessed significant gains as Brent crude oil prices slipped below $70 per barrel. The price drop came after a double blow: The US imposed tariffs on Canada and Mexico, including energy imports, and OPEC+ - the group of major oil-producing nations including Russia - announced an output increase of 138,000 barrels per day, the first such hike since 2022.
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Market downturns or regulatory shifts can reduce liquidity, making it harder to buy or sell assets when needed.
Post-election capital expenditure (capex) has been weak at 2 per cent year-on-year (Y-o-Y) in M9FY25. The FY25 revised estimates (RE) indicate 7 per cent growth in FY25 against FY24, implying 21 per cent Y-o-Y growth in Q4FY25 government capex.
Marcus Stoinis says a ready reckoner in how to have a long T20 career has already been created by 40-plus stalwarts like Mahendra Singh Dhoni and Faf du Plessis.
Pant and Pooran enjoyed successful individual seasons in IPL 2024. Pant scored 446 runs for Delhi Capitals while Pooran amassed 499 runs for LSG. Miller, joining LSG this season, brings his own brand of explosive batting to the table.
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If CSK fails to win Friday's match against the Kolkata Knight Riders in Chennai, it could turn to be a historic new low for them. It could be the first time that CSK have lost three matches in a row at home.
India on Saturday delivered 15 tonnes of relief materials to Myanmar under its 'Operation Brahma' that was launched after a powerful earthquake hit the neighbouring country as well as Thailand.
Indian rescue personnel are being lauded for their compassion and expertise in assisting with the recovery efforts in earthquake-stricken Mandalay, Myanmar. The story of a Muslim family resisting initial attempts to recover a deceased loved one from the rubble, ultimately accepting the help of Indian rescuers who preserved the dignity of the woman's final posture in prayer, highlights the sensitivity and skill of the Indian team. The NDRF has rescued around 30 bodies and is working tirelessly in different locations, including the historic U Hla Thein monastery and Ganga Ghat Hindu Temple, where many are still missing. The Indian Army has also set up a field hospital, treating over 200 patients, and providing food to earthquake victims.
'My advice: Don't mark your portfolio to market every day. Focus on survival.'
Army troops in Bangladesh intensified their patrols on the streets of Dhaka as the country witnessed rising tensions with the newly formed student-led National Citizen Party (NCP) accusing the military of political interference. The NCP staged protest rallies at the premier Dhaka University campus vowing to thwart at any cost a military-backed plot to rehabilitate deposed prime minister Sheikh Hasina's Awami League which was toppled seven months ago in a student-led violent street protest in July-August last year. A key leader of NCP, which was floated last month with widely assumed blessings of Professor Muhammad Yunus, accused the military of political interference over a proposal for inclusiveness that would allow Awami League to participate in the next elections. The military, which is now entrusted with maintaining nationwide law and order with magistracy power, however, did not enter the campus but continued their intensified patrol, particularly in the capital. The NCP convenor Nahid Islam said at the Muslim fast-breaking iftar party that the army or any other state institution had no "authority to propose or make decisions" about politics. He added that in no way "we will allow installation of another 1/11 government" in the country.
After more than four hours of talks in Saudi Arabia, the US and Russia agreed on four key principles, Rubio said on Tuesday. These include appointing a high-level team to help "negotiate and work through the end of the conflict in Ukraine" in a way that's "acceptable to all the parties engaged."
Taking a dig at the controversial run-out decisions that played a big role in her team's last-ball, two-wicket defeat to Delhi Capitals, Mumbai Indians coach Charlotte Edwards said it was "really hard" to comprehend such calls that affect the eventual outcome of the match.
The stocks are largely from sectors such as chemicals, finance and cement, which struggled earlier but the worse seems to be behind them.
A convicted murderer is set to be executed by firing squad in the United States state of South Carolina on Friday, marking the state's first use of the method and the first such execution in the US in nearly 15 years.
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'This is also a time when you realise that short-term trading and dabbling in derivatives may result in financial losses.'
'If the markets correct further, PSU stocks could continue to decline.'
A trends study conducted by India's Financial Intelligence Unit (FIU) has expressed suspicion that cryptocurrency is being used across the country in serious criminal acts like terrorist financing, fuelling secessionist activities, cybercrime, narcotics trafficking, illegal betting and gambling. The report, which was based on suspicious transaction reports and operational analysis, shared these trends and credible intelligence with law enforcement agencies.
Logistics major Delhivery has had promising Q2FY25 results. The Q2FY25 consolidated revenue was Rs 2,190 crore (up 0.8 per cent quarter-on-quarter or Q-o-Q and 12.8 per cent year-on-year or Y-o-Y). Express parcel revenue was Rs 1,300 crore, (up 1.7 per cent Q-o-Q/7.3 per cent Y-o-Y) alongside better yield (+5 per cent Y-o-Y) in the segment.
India's biggest telecom players, Bharti Airtel and Reliance Industries-backed Jio Platforms, will soon bring billionaire Elon Musk-led SpaceX's Starlink satellite services to India. According to analysts, the move could boost India's tele density, especially in the rural areas, and may be an opportunity for investors to add the two stocks on dips for long-term gains
India and New Zealand have signed a pact to institutionalize their defence ties and vowed to boost cooperation in the Indo-Pacific. Prime Minister Narendra Modi raised concerns about anti-India activities by some illegal elements in New Zealand with his Kiwi counterpart Christopher Luxon. The two sides also signed six agreements to enhance cooperation in areas including education, sports, agriculture, and climate change. They also agreed to prepare a roadmap for cooperation in the defence industry sector and explore early implementation of cooperation in the digital payments sector.
Information technology (IT) stocks ended at their lowest in nearly nine months after a fresh bout of selling, triggered by concerns over a recession in the US, the key market for domestic software exporters. A report by Morgan Stanley citing risks to growth also weighed on sentiment.
Earnings growth trajectory for India's capital goods firms is likely to stay buoyant for the December 2023-ended quarter (Q3 FY24), said analysts. Guidance on margins, ordering activity in an election year and export-related demand would be key monitorables. Brokerages - Motilal Oswal, Nuvama, Kotak Institutional Equities and Prabhudas Lilladher - estimated revenue growth for their capital goods universe to be 11-16 per cent year-on-year (Y-o-Y).
Given the possibilities that next year's assembly elections could throw up, Stalin told the state assembly that an interim report had to be submitted by January 2026. The outcomes may well find its way into the DMK's poll manifesto, thus seeking to keep the electoral focus still on the BJP-ruled Centre and Prime Minister Modi, observes N Sathiya Moorthy.
The Shiv Sena (UBT) has strongly criticized its ally, NCP (SP) president Sharad Pawar, for felicitating Maharashtra Deputy Chief Minister Eknath Shinde at an event in Delhi. The party's spokesperson, Sanjay Raut, views the felicitation as an endorsement of BJP leader Amit Shah, who was instrumental in Shinde's split from the Shiv Sena. While Pawar's party maintains that the event focused on literature, BJP interprets it as an acknowledgment of Shinde's leadership. The incident has sparked a political controversy in Maharashtra, with both sides engaging in verbal sparring.
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Ahead of their planned protest in Chandigarh on March 5, several Samyukta Kisan Morcha (SKM) leaders were detained in early morning raids at their residences on Tuesday and Chief Minister Bhagwant Mann denounced the agitating farmer unions, saying they have turned Punjab into a 'state of dharnas' and caused huge losses to it.
The Brutalist reaches its full potential, thanks not just to its writing and its technical brilliance but also Adrien Brody's performance, applauds Deepa Gahlot.
Shreyas Iyer, who captained Kolkata Knight Riders to the IPL 2024 title last year, was bought by Punjab Kings for a whopping Rs 26.75 crore at the players' auctions.
Fitch Ratings on Monday said India's pace of debt reduction is gradual, leaving room for a downside risk to sovereign rating in the eventuality of a significant economic shock. However, the rating agency expressed confidence in India's ability to stick to its medium-term fiscal framework, which aims to reduce debt and bring it on a downward trajectory over time.
Footwear companies were among the weakest performers in the consumer discretionary sector during the October-December quarter (Q3) of 2024-25. The combined revenue growth of the top four listed firms was just 2.9 per cent year-on-year (Y-o-Y) - the lowest among major discretionary categories.
High frequency indicators, like vehicles sales, air traffic, steel consumption and GST E-way bills, point towards a sequential pickup in momentum of economic activity during the second half of the fiscal 2024-25 and sustain moving forward, RBI Bulletin said on Wednesday. However, a strong dollar, driven by US economic resilience and trade policy pivots, could exacerbate capital outflows from emerging economies, push risk premiums higher, and intensify external vulnerabilities, said an article on 'State of the Economy' published in RBI's February bulletin.
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