Higher interest rates in the US do not necessarily coincide with capital outflows.
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
India's COVID-19 tally had crossed the 20-lakh mark on August 7.
Here are some learnings and points of view on why should a business pay attention to and invest in social media.
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.
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.
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.
Ratings are based on the overall exposure to default risk, with regard to timely receipt of payments from the investments the scheme has made.
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.
The Nifty Bank index has come off 15 per cent from its peak in February, underperforming the benchmark Nifty which is down 6%.
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.
DC slumped to their fourth consecutive loss in the ongoing IPL after being outplayed by Mumbai Indians
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.
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.
The upgrade, said Icra, takes into account the "robust internal accrual generation, leading to low reliance on debt, as well as gearing levels, and strong debt protection metrics".
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.
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.
With home loan rates headed north, experts advise how borrowers should cope with their rising liabilities.
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.'
Friday Night Plan's sweet-natured heart and sanitised humour are happier focusing on the inherent niceness teenagers are capable of, observes Sukanya Verma.
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.
Choose a higher sum insured if you are going on a long trip, and if your age is above 45.
Companies don't have to be in the field to nudge people to return money they owe lenders.
Gitanjali Gems and Firestar Diamonds together account for 5.8 per cent of the diamond and jewellery trade in India.
Afghanistan cricketer Usman Ghani has decided to put a pause on his international career following his exclusion from Afghanistan's international squad.
Uncertainty looms over India's export outlook, with the new Covid-19 variant Omicron spreading rapidly across the country's key shipment destinations. With the US and parts of Europe witnessing more than 100,000 Covid-19 cases a day, exporters expect some disruption. However, there may not be an immediate decline in exports from India because the order books remain strong at least for the next few weeks, they said.
The US Bureau of Labour Statistics said among the major worker groups, the unemployment rate for blacks increased to 14.3 per cent in October.
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.
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.
The mood at the Hotel Investment Conference South Asia (HICSA), the annual hospitality industry conference was rather upbeat. But hotel brand operators and owners remain cautiously optimistic of the outlook and are living on a hope that a third wave of the pandemic doesn't become a reality. Having just survived the unprecedented zero revenue situation, the two day confrence organised by consulting firm Hotelivate, was dotted with anecdotes and best practices adopted by the hotels of all hues.
HUL believes that post Covid, the awareness about health and wellbeing and selfcare, has exploded and there is a mindset change from health as absence of disease, to health as a part of lifestyle.
Their downside is that the donor relinquishes all control over the transferred property, and certain tax implications may also arise.
The two troubled subsidiaries of Reliance Capital have over Rs 20,000 crore debt of both the companies. Reliance Home Finance has a debt of Rs 11,500 crore and Reliance Commercial Finance owes Rs 9,000 crore to lenders.
The FMCG sector is generally considered to be a safe haven during difficult times as people never stop buying soap and toothpaste. However, weak rural and semi-urban demand has been a factor since the lockdowns of 2020-21 while rising inflation has also impacted margins. While the FMCG majors have survived on the basis of price hikes and good management practices, they have seen growth slowdowns and experienced margins being squeezed as raw materials and transport costs rose. The FMCG sector witnessed positive volume growth in the fourth quarter of the 2022-23 financial year (Q4FY23) after five consecutive quarters of decline, and the rebound in demand was led by urban markets.
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.
CARE Ratings, in a report, said it foresees an increase in the retail prices of petrol and diesel in the coming few days, depending on how the oil markets react in the reduction in supply from the cartel.
None of the four benchmarks suggested by the RBI is ideal as banks in India create loan assets from their deposits and not borrowing from the regulator or market, says Tamal Bandyopadhyay.
United Nations leaders and agencies have welcomed the entry of a humanitarian aid convoy into Gaza via the Rafah border crossing with Egypt but noted that it is only a small beginning, still far from enough and reiterated their appeal for an immediate ceasefire.
The governor made it clear that the RBI is aware of what's happening and acts accordingly, but doesn't make a noise about that, points out Tamal Bandyopadhyay.
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