India's industrial production growth decelerated to an 8-month low of 2.4 per cent in November, mainly due to poor showing by the manufacturing sector, according to the official data released on Friday. The factory output growth measured in terms of the Index of Industrial Production (IIP) was 7.6 per cent in November 2022. The previous low of IIP growth was recorded at 1.9 per cent growth in March 2023.
Prolific India opener Yashasvi Jaiswal, the leading run-scorer in the ongoing Test series against England, has been nominated for ICC Men's Player of the Month Award for February alongside New Zealand's Kane Williamson and Sri Lanka's Pathum Nissanka.
Candice and David Warner grrove to Telugu superstar Mahesh Babu's hit Mind Block.
The Indian Railways carried more goods in December 2023 than the same time last year, making more money than any month bar one since the pandemic. The railways made Rs 15,098 crore by carrying freight in December 2023. The number was higher only in March 2023 when it earned Rs 15,769 crore, according to data from the Centre for Monitoring Indian Economy (CMIE).
This period saw big stars of the likes of Sunil Gavaskar and Kapil Dev fade into the sunset while it was witness to the birth of slew of young Indian cricketers that made their mark home and abroad.
Telecom operator Bharti Airtel on Thursday posted a net profit of Rs 1,612 crore for the first quarter ended June 2023, which is nearly flat over earnings in the same period of the previous year. The revenue for the just-ended quarter was 14 per cent higher at Rs 37,440 crore compared to the year-ago period "backed by strong and consistent performance delivery across the portfolio", the company said.
THE BJP sought an apology from him for "defaming" Gujarat and for promoting alcohol consumption.
Legendary Brian Lara asserted that Virat Kohli's value transcends cold numbers, and the West Indian virtuoso has little doubt that the star batter should be a part of India's T20 World Cup squad.
Among the Sensex firms, Infosys, Tech Mahindra, HCL Technologies, Tata Consultancy Services, Wipro and JSW Steel were the major gainers during the morning deals. Nestle, Bharti Airtel, Axis Bank ITC were among the laggards.
The government on September 14 further reduced the stock limit on wheat traders, wholesalers and big chain retailers to 2,000 tonnes from 3,000 tonnes with immediate effect to control wheat prices, which are showing an uptick again after being stable for some time. Announcing the move, food secretary Sanjeev Chopra said that retail prices of key essential food items, especially wheat, rice, sugar, and edible oils, were unlikely to see any sharp rise in the upcoming festival season as the country had adequate supply and the government was keeping a close vigil on hoarders.
Rohit Sharma's Candid Admission: India not good enough in World Cup final
Aviation watchdog DGCA has taken off SpiceJet from its enhanced surveillance regime, a senior official said on Tuesday. The airline, which has been facing multiple headwinds, was placed under enhanced surveillance recently. The senior DGCA official said that in view of the observations made in the past concerning inadequate maintenance and in view of the incidents during the monsoon season last year, SpiceJet was placed under enhanced surveillance.
Borrowers should be careful if the app promises too-quick disbursal, and doesn't provide adequate information on the terms of the loan, such as interest rate, repayment schedule, etc.
South African spinner Keshav Maharaj has said that the thought of playing the World Cup in India last year was extra motivation for him to deal with his Achilles tendon injury and he would have been "shattered" if he was unable to make it.
The ICC has barred Usman Khawaja from displaying messages of equality and freedom
A lady ties a rakhi made up of gold and silver onto a cut-out of Prime Minister Narendra Damodardas Modi on the eve of Raksha Bandhan in Ahmedabad, August 10, 2022.
The Rs 20,000 crore share sale of Adani group's flagship firm was fully subscribed on Tuesday after non-retail investors bid in big volumes, according to stock exchange data. As many as 4.62 crore shares were sought as against an offer of 4.55 crore.
SpiceJet's resurgence, once the new funding is in place, has the potential to disrupt the Indian aviation market in 2024 as the airline will bring its grounded aircraft back to service and lease as many planes as possible to be competitively relevant, aviation consultancy firm Capa India said on Thursday. "Although the market for procuring aircraft in 2024 is exceptionally tight, we expect that SpiceJet will bring stored aircraft back into operations, and will wet or dry lease as much capacity as possible, in order to be competitively relevant. "This will have a material impact on the industry structure, and possibly on domestic profitability," Capa India said in its report.
Battling the virus, enduring separation from loved ones, and working extended hours became part of the job.
The Paytm application (app) could potentially face a permanent loss of its integrated mobile wallet feature, currently owned by Paytm Payments Bank (Paytm PB). With the recent crackdown on Paytm PB, sources say getting a fresh wallet licence may get tough for the group. "The Paytm app (One97 Communications) has to apply afresh to the RBI for a licence to operate a prepaid payment instrument (PPI) like a mobile wallet within the Paytm app, as PPI is a regulated entity.
Pakistan pacer Hasan Ali said that the pressure will be on India in the much-anticipated World Cup clash between the two traditional rivals in front of a packed house at the Narendra Modi Stadium in Ahmedabad on Saturday.
Adani Green Energy (AGEL) on Tuesday announced it has secured a funding of $1.36 billion from a consortium of international banks as part of its construction financing framework. The $1.36-billion senior debt facility will enhance the company's funding pool to $3 billion since initial project financing in March 2021, AGEL said in a statement. According to the statement, AGEL, India's largest and world's leading renewable energy player, announced a follow-on funding of $1.36 billion to further boost its construction financing framework to $3 billion backed by a consortium of renowned international banks.
India's industrial production growth decelerated to 5.8 per cent in September from 10.3 per cent in August, though on an annual basis, the output of manufacturing and mining sectors showed an improvement, according to the official data released on Friday. The factory output growth measured in terms of the Index of Industrial Production (IIP) had grown by 3.3 per cent in September 2022. During April-September 2023-24, the IIP growth works out to be 6 per cent, down from 7.1 per cent in the corresponding period a year ago.
Air India has ordered 470 aircraft to serve the Indian economy and is set to receive a new aircraft every six days over the next 18 months, CEO and MD Campbell Wilson said on Friday. He was speaking at the 67th Assembly of Presidents of the Association of Asia Pacific Airlines here. "We have new aircraft, we are recruiting many, many new crew and staff, improving the training regime and there is more work to do and we are making good progress," he said.
Several firms are stepping up to help their workforce cope with soaring temperatures
Production of eight infrastructure sectors expanded at a four-month high of 7.8 per cent in January 2023 on better show by coal, fertiliser, steel and electricity segments, according to official data released on Tuesday.
With the real estate sector witnessing robust demand, realtors are doling out freebies and offering a slew of attractive schemes to lure potential customers this festival season. "Developers are providing Amazon vouchers that go up to Rs 1 lakh, iPads, and flexible payment plans that propel customer excitement," said Angad Bedi, managing director at real estate company BCD Group. Bedi said customers have a mindset to go for a change during the festival season, and developers see it as an opportunity to combine it with long-term and practical offers that drive buyers to close in on a deal during this period.
Three leading domestic voting advisory firms are not on the same page over the proposed demerger and separate listing of ITC's hotel business, ITC Hotels. Institutional Investor Advisory Services (IiAS) has recommended a vote "against" the resolution, while InGovern and Stakeholders Empowerment Services (SES) have advised their clients to vote in favour. Voting on the resolution is currently underway.
Skipper Ben Stokes expressed pride in how England have fought toe to toe with India despite not having 'a chance in hell of competing' with the hosts.
Crisis-hit SpiceJet plans to hand out pink slips to at least 1,000 employees in the coming days as the airline works to significantly reduce costs and streamline operations of its depleted aircraft fleet, officials said on Monday. Faced with financial woes, legal battles and other headwinds, the no-frills carrier might ask more staff to leave as there is excess manpower now compared to the number of planes in service. A final decision on the quantum of layoffs is expected this week, one of the officials in the know said.
Abe Shinzo's murder is a personal loss for Prime Minister N D Modi, one of the Japanese leader's international friends -- Modi was the only world leader Abe followed on social media back in 2014 -- and the two prime ministers charted out a new road map for India-Japan relations that grew stronger in the Abe era and in the years since he stepped down.
At least seven people were killed and one person critically injured after shootings were reported from two locations in the Half Moon Bay area in north California of the United States, CNN reported citing local officials who said that a 67-year-old suspect is now in custody.
'It was quite emotional as well, actually -- I lost my two grand dads about a year and a half ago and they used to just sit and watch Test cricket all the time. Their wish was to see me out on the TV, I know they're supporting me from up above.'
The ICC has suspended Sri Lanka captain Wanindu Hasaranga for two matches and docked a fine of 15 per cent on the match fee of Afghanistan wicketkeeper-batter Rahmanullah Gurbaz for breaching its Code of Conduct during the third T20I in Dambulla.
Coal India (CIL) produced 89 million tonnes (MT) in March-24, up 6 per cent year on year (Y-o-Y) and offtake was 69 MT, up 7 per cent Y-o-Y. FY24 production was 774 MT, up 10 per cent Y-o-Y. Offtake was 754 MT, up 9 per cent Y-o-Y. CIL targets production of 838 MT in FY25, up 8 per cent Y-o-Y over FY24.
Upstream majors ONGC and Oil India (OIL) results for the January-March quarter (Q4) of FY24 suggest better production in future. But OIL missed its own production targets although it delivered higher volumes and it disappointed the market in terms of Ebitda. ONGC reported standalone Ebitda of Rs 17,400 crore (up 7 per cent year-on-year or Y-o-Y) in Q4FY24, slightly below estimates due to other higher expenses.
Root rescues England with controlled century in India
Additional Advocate General for Uttar Pradesh Garima Prashad told a bench of Justice Surya Kant and Justice J K Maheshwari that the crime is grave.
He might be drawing comparisons with Mahendra Singh Dhoni, but wicketkeeper-batter Dhruv Jurel on Friday said nobody can quite match up to the former India captain and he would rather focus on carving his own niche in international cricket.
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