World No. 2 Novak Djokovic suddenly ran out of gas as he was knocked out 0-6, 7-6, 6-4 by American Sam Querrey in the second round of the Paris Masters on Wednesday.
The critical information in the first quarter (Q1) gross domestic product (GDP) data relates to the proximity of real and nominal GDP growth rates at 7.8 per cent and 8 per cent, respectively. The implicit price deflator (IPD)-based inflation is only 0.2 per cent. This phenomenon has repeated after fifteen quarters.
Retail inflation breached the RBI's comfort zone and rose to a three-month high of 6.52 per cent in January, mainly on account of a spike in food prices, as per government data released on Monday. The inflation rate based on the Consumer Price Index (CPI) stood at 5.72 per cent December and 6.01 per cent in January 2022.
Liverpool snatched three points with a wild 1-0 victory over relegation-threatened Nottingham Forest.
Realisation due to a strengthening dollar exceeds the losses inflicted by export duty hike.
The ongoing Hamas-Israel conflict has disrupted India's efforts to gain from a recent fall in crude oil prices. Since Hamas' invasion of southern Israel on October 7, petroleum has become costlier by around $5 per barrel, threatening to stoke prices and impact growth. Brent crude was trading at $89.8 per barrel on October 9 (9.15 pm IST), up over 4 per cent, thwarting India's anticipation of a period of declining oil prices - after the leading global petroleum benchmark declined by around 11 per cent last week.
Over the past year, the National Stock Exchange Nifty FMCG Index, which tracks the market capitalisation of the top 15 companies in the fast-moving consumer goods (FMCG) sector, has surged by 17.3 per cent. In contrast, the Nifty50, a broader market index, has witnessed an 8.8 per cent increase during the same period. The FMCG stocks have also been rally leaders in the current calendar year.
After underperforming its peers in the consumer space in 2022-23, and experiencing a mixed bag in the 2023-24 (FY24) April-June quarter (first quarter, or Q1), brokerages are positive about the medium-term outlook for liquor stocks. Higher raw material costs, concerns regarding increased duties, regulatory changes, and competitive pressures weighed on performance returns in the past quarters. Analysts believe that the sector could experience a reversal of fortunes due to better demand and margin improvements.
Rohit's men start overwhelming favourites but Shaheen, rain pose threat
The lack of runs from their Indian batters -- Prithvi Shaw (106 runs in 8 matches), Manish Pandey (160 runs in 10 games), Sarfaraz Khan (53 runs in 4 games) and Lalit Yadav (66 runs from six games) -- proved a big factor in another below-par season for Delhi Capitals.
Manufacturers that mainly sell diesel cars like Mahindra & Mahindra, Tata Motors, Toyota, Mercedes, BMW and Volkswagen anticipate a significant fall in sales if the government accepts the Parikh committee's recommendation of a flat tax of Rs 80,000 on diesel cars, because of a widening cost differential with petrol variants.
Juventus secured a largely undeserved 3-0 win over Celtic in their Champions League last 16 first-leg tie on Tuesday after an otherwise backs-to-the-wall display to silence almost 60,000 passionate home fans at Parkhead.
The challenge for the RBI in 2024 is likely to be less about containing elevated inflation and more about curbing excessive financial market exuberance and a 'problem of plenty', notes Sajjid Chinoy, Chief India Economist JP Morgan.
Until Sunday, Stan Wawrinka had an unblemished record in grand slam finals -- but then he had never faced Rafa Nadal in the Spaniard's favourite arena, Court Philippe Chatrier at the French Open.
BJP's senior-most leader L K Advani tells Neerja Chowdhury that though the FDI in multi-brand retail decision was taken by an executive order, a "roll back is possible if there is a resolution by Parliament to this effect".
Retail inflation declined to an 18-month low of 4.7 per cent in April mainly due to falling prices of vegetables, oils and fats, and came closer to Reserve Bank's target of 4 per cent, showed government data released Friday. It was for the second month in a row that Consumer Price Index (CPI) based inflation remained within the RBI's comfort zone of below 6 per cent. The government has tasked the central bank to ensure retail inflation remains at 4 per cent with a margin of 2 per cent on either side.
For someone like me who studied Sam so intently, if a lump could form in the throat during the emotive scenes, I think the cast did a superb job, notes Lieutenant General Syed Ata Hasnain (retd).
The ministry of home affairs (MHA) on Monday sent a letter to the West Bengal State Election Commission (SEC) seeking details of the need for additional 485 companies of central forces, for which it has sent a requisition, an official said.
Liverpool will attempt to sweep away the January blues on the last day of a wretched month when they host commanding Premier League leaders Chelsea at Anfield on Tuesday.
Amid cooling raw material prices, the crude-oil linked companies, which includes paint and tyre firms, have been on a roll over the past one year. Shares of related companies have gained up to 84 per cent, as against a 14 per cent rise in the S&P BSE Sensex. Analysts, however, believe stretched valuations in both these sectors could trigger a de-rating.
India would be thoroughly justified in thinking their misfiring opening pair have let them down.
Farm loan waiver has been presumed to be inflationary. But the short-term consequences are likely to be quite deflationary.
This may come as a surprise to many. Retail price inflation in petrol was the lowest at 10.21 per cent in March since November 2020. In diesel, it scraped the bottom of the barrel at 5.19 per cent in the last month of 2021-22 since February 2020. Even liquefied petroleum gas (LPG) was at a nine-month low of 9.97 per cent in the month.
Inflation in food articles during May stood at 1.13 per cent, as against 2.55 per cent in April.
A likely turnaround in profitability margins in the March quarter (Q4FY23) will not be enough to lift the outlook for paint stocks due to volatile crude oil prices and rising competition in the sector, analysts say. Hence, they advise investors to avoid the sector over the short-to-medium term despite the heavy correction in the stocks since last year. Shares of Asian Paints, Berger Paints, Indigo Paints, Nerolac and Pidilite have shed 6-32 per cent over the last 6 months versus a 3 per cent rise in the benchmark Sensex.
'They have started becoming an important player, but not at the same level as they were in the earlier part of the decade.'
Champions Manchester City slipped to a shock first Premier League defeat of the season at Wolverhampton Wanderers on Saturday, while Manchester United's campaign of woe continued with a loss to Crystal Palace.
English hopes of a run deep into the World Cup took a bit of a bruising on Friday when a lively and high-pressing United States team reduced the youthful stars of their tournament opener to anonymity.
IMAGES from the Champions League matches played on Tuesday.
Reminiscent of the past two years, the market has made positive strides ahead of the Union Budget 2023-24 (FY24). The benchmark National Stock Exchange Nifty has gained 1.8 per cent in the last month. Typically, markets tend to gain ahead of the Budget as investors build in optimism.
While Kuldeep has played more white-ball cricket in past 8-10 months, switching the format has never been a problem for him as wrist spin doesn't depend on the surface a lot.
'As the Indian economy continues to expand over the next three years, mid- and small-caps should do well as they have higher exposure to the domestic economy than large-caps.'
Ghana had always been expected to struggle at this World Cup after an unconvincing qualifying campaign in which a Nigerian goalkeeping howler saw them win a fortunate place in Qatar.
Manchester United crushed Newcastle United's hopes of a claiming a first domestic trophy for nearly 70 years with a clinical 2-0 victory in the League Cup final at Wembley on Sunday.
Rybakina barely put a foot wrong as she recovered from a nervous start against the wily Tunisian.
'How low GDP would have been, we don't know.' 'It raises serious questions because so many indicators are pointing to such a sharp decline and GDP estimates are still showing 4 per cent growth.'
The fixture was originally scheduled to be played on May 3 but was postponed after violent clashes between fans and police in which more than 100 supporters forced their way into the stadium and stormed the pitch to protest against the club's owners -- the Glazer family.
Manchester City moved four points clear of Arsenal atop the Premier League table with an 11th consecutive victory.
Healy continued her fine performance with a direct hit to run out Chedean Nation and, with Mohammed and Chinelle Henry unable to bat because of injury and illness, West Indies were dismissed for 148 in 37 overs.
Retail inflation softened to 6.71 per cent in July due to moderation in food prices but remained above the Reserve Bank's comfort level of 6 per cent for the seventh consecutive month. With retail inflation continuing to remain high despite a fall in prices of vegetables and edible oils, among other commodities in July, the Reserve Bank of India (RBI) might go for another rate hike in September. The Consumer Price Index (CPI) based retail inflation was at 7.01 per cent in June and 5.59 per cent in July 2021. It was above 7 per cent from April to June this fiscal.
