The Indian financial services space seems to be in a sweet spot as foreign investors have made a net investment of Rs 14,205 crore ($2.1 billion) in the sector in November amid strong credit growth and manageable non-performing loan portfolio. The investment comes following a net withdrawal of Rs 4,686 crore from financial services stocks in October on account of profit booking. Overall, foreign portfolio investors (FPIs) have made a net investment of Rs 36,238 crore in the country's equity markets in November.
The Communist Party of India-Marxist said that it will field a candidate as those opposed to the TMC and BJP needed an alternative.
A delegation of 21 Indian National Developmental Inclusive Alliance (INDIA) bloc MPs will pay a two-day visit to Manipur beginning Saturday to assess the ground situation first-hand and then make recommendations to the government and Parliament for a solution to the problems in the violence-hit state.
Bandhan Bank has declared disappointing results for the first quarter of the 2023-24 financial year (Q1FY24). While the market has been braced for known issues around microfinance exposures in West Bengal and Assam, there is higher stress in the portfolio. This means higher credit costs and poorer asset quality, leading to target downgrades by analysts.
Food in India has fled the confines of the kitchen and become a national adventure... Food shows, now even on news channels, have transformed restaurateurs from humble khansamas to courted celebrities.
Tthe Jamiat Ulema-e-Hind said it opposes the UCC as it is "totally against the religious freedom and fundamental rights guaranteed to the citizens in Articles 25 and 26 of the Constitution."
During the day-long debate, the lines between science and religion often got blurred with many invoking religious texts and the contribution of 'rishi munis' to highlight India's tryst with the extra-terrestrial world.
To lend his support, Former Indian footballer Mehtab joined Mamata Banerjee's march for the protesting wrestler's.
The court noted that no appreciable steps have been taken ever since an order was passed by it on June 13 to deploy central forces in sensitive areas for the poll process.
Ahead of the monsoon session of Parliament, Lok Sabha Speaker Om Birla on Saturday sought cooperation of all parties for the smooth conduct of proceedings with "decency, dignity and discipline", even as the Opposition demanded discussion on the Agnipath scheme, unemployment and farmers' issues.
The government on Thursday tabled the Digital Personal Data Protection Bill 2023 in the Lok Sabha with an aim to protect the privacy of Indian citizens, while proposing a penalty of up to Rs 250 crore on entities for misusing or failing to protect digital data of individuals.
A meeting of the Parliament's Public Accounts Committee (PAC) on Wednesday witnessed a verbal slugfest between its chairman Adhir Ranjan Chowdhury and MPs from the ruling National Democratic Alliance as the Congress leader sought to raise the issue of COVID-19 vaccination drive for discussion in the panel, sources said.
The 34-year-old Shakib was ruled out of the ongoing T20 World Cup in UAE after suffering a grade one hamstring injury during the match against West Indies.
Top leaders of Opposition parties will brainstorm at a meeting in Patna on Friday to chalk out a roadmap for the formation of an anti-Bharatiya Janata Party front for the 2024 Lok Sabha polls, with sources saying that they would look to avoid the prickly leadership question and emphasise on common ground.
Leader of the Congress in Lok Sabha Adhir Ranjan Chowdhury while making these points however, spoke out against any need for change in the top leadership of the party, stating that both Rahul and Priyanka Gandhi have been 'trying wholeheartedly'.
The Congress on Monday attacked the government over the passage of the farm laws repeal bill in the Lok Sabha without a discussion, charging that all parliamentary norms have been 'thrown to the wind'.
Joginder Tuteja lists the interesting titles coming up in February.
Pratinav Anil is able to foresee some agency and assertion on the part of India's Muslims. His hope emanates from the citizenship rights movement of Muslims in 2019-2020, notes Mohammad Sajjad.
Polling will take place in 3,328 polling booths, out of which 1,100 are sensitive and 28 are categorised as critical.
The ongoing International Film Festival of India hosted a screening of Yami Gautam's latest film Lost.
'I am writing two films. Something very different from Rocky Aur Rani.' 'I know I'm back on the set next year.'
At least 19 people including Tripura Pradesh Congress Committee chief Birajit Sinha were injured in a clash between Congress and Bharatiya Janata Party supporters in front of Congress Bhavan in Agartala on Sunday.
'If there is any reason to change my holding in Adani group stocks, the Hindenburg report on the group is not the one.'
The remarks by the BJP leaders came as 17 opposition parties resolved to fight the 2024 Lok Sabha elections unitedly to defeat the saffron party and work with flexibility by setting aside their differences. They dubbed the planned alliance as "unholy and opportunistic".
Air India will restore salaries that were cut in the wake of the coronavirus pandemic from September 1, according to a communication. The loss-making airline, which was taken over by Tatas in January this year, has also decided to revise crew layover allowances and meal arrangements from September 1. In the communication to the employees, Air India CEO and managing director Campbell Wilson said the airline "will be restoring the salary reduction for all employees with effect from September 1, 2022."
Trying to pick up pieces after a demoralising defeat, India's decorated top-order will be desperate to change the narrative and give a better account of itself in the do-or-die second ODI against Bangladesh.
Kharge said the BJP made all efforts to get him disqualified as he was speaking the truth.
State Election Commissioner Rajiva Sinha on Thursday said that the village council elections will be held on a single day, with the deadline for filing nominations set for June 15. The votes will be counted on July 11.
Given the uncertain macroeconomic conditions, most brokerages have turned slightly cautious on the pace of growth in State Bank of India's (SBI's) earnings going ahead. While they don't see any significant risk arising for now, its sheer balance sheet size and systematic importance has nudged them to cut earnings estimates for fiscal year 2023-24 (FY24) and 2024-25 (FY25) up to 5 per cent. India's largest state-owned bank, on Thursday, reported standalone net profit of Rs 16,694.51 crore for Q4FY23.
Financial index provider MSCI on Thursday said that it is reviewing the free float status of some Adani Group securities after market participants flagged concerns over eligibility of some of the group firms' securities for its indexes. MSCI defines the free float of a security as the proportion of shares outstanding that is considered available for purchase in the public equity markets by international investors. In a statement, the index provider said that it has received feedback from a range of market participants concerning the eligibility and free float determination of specific securities associated with the Adani Group for the MSCI Global Investable Market Indexes.
In the last 75 years, there have been multiple calls for a gender-neutral term for the head of the State and debates over it.
Congress Working Committee called the recent assembly election results of five states a "cause of serious concern" for the party.
Bharti Airtel delivered encouraging results for the January-March quarter of the 2022-23 financial year (Q4FY23) as telecom and associated services moved into the 5G zone. In India, Airtel's mobile Q4 revenue and Ebitda (earnings before interest, tax, depreciation and amortisation) were Rs 19,550 crore (up 1 per cent quarter-on-quarter or QoQ) and Rs 10,530 crore (up 1.1 per cent QoQ), respectively. The Ebitda margin was flat at 52.2 per cent.
One of cricket's greatest players passed into the ages on Monday. Rediff.com salutes the legend.
A week after suspending them from the House for 'unruly' behaviour, Lok Sabha Speaker Om Birla on Monday revoked the suspension of four Congress members, after seeking assurance from the Opposition that they will not bring placards to the House.
It is not clear whether the two judgements will be concurring or dissenting.
The country's Fast-moving consumer goods (FMCG) industry witnessed a consumption slowdown in the December quarter, with an overall "negative" volume growth, as consumers continue to reel under inflationary pressure, says a report. According to the report released by data analytics firm NielsenIQ on Thursday, in October-December, the FMCG industry grew 7.6 per cent in terms of value but its volume growth was (-) 0.3 per cent. "... Overall FMCG volume growth is negative, the absolute values, as well as volumes, continue to be above pre-Covid levels across markets," it said.
The apex court, which dismissed the pleas filed by the West Bengal government and the State Election Commission (SEC) challenging the high court order, said the tenor of the high court order was ultimately to ensure free and fair election in the state.
Diversified entity ITC Ltd on Thursday reported a 22.66 per cent rise in consolidated net profit at Rs 5,225.02 crore in the fourth quarter ended March 2023, led by a strong growth momentum across operating segments. The company had posted a net profit of Rs 4,259.68 crore a year ago, ITC Ltd said in a regulatory filing. Its revenue from operations increased 7 per cent to Rs 18,799.18 crore in the period under review against Rs 17,754.02 crore in the year-ago period.
'UCC should be across India and legally applicable to every Indian citizen.'
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