State Bank of India, Adani Ports, Tata Consultancy Services, ICICI Bank, Reliance Industries and PowerGrid were also among the laggards.
'I certainly hope the two can avoid a trade war and believe they will.' 'I expect some in India will push for retaliatory tariffs if the Trump administration applies significant reciprocal tariffs.'
Wedding planner WedMeGood estimates that the average wedding budget has surged to Rs 36.5 lakh this year, with destination weddings averaging Rs 51 lakh.
The Supreme Court of India has ruled that family members of an accused in domestic violence cases cannot be implicated without specific charges. The court emphasized the need for sensitivity in handling such cases, noting that emotions run high in matrimonial disputes and there may be a tendency to indiscriminately implicate family members. The court stressed that criminalizing domestic disputes without specific allegations and credible evidence could have disastrous consequences for the institution of family.
Jammu and Kashmir Chief Minister Omar Abdullah has criticized BJP leaders for accusing the National Conference (NC) of insulting Maharaja Hari Singh, the last ruler of the state. Abdullah challenged the BJP to provide evidence of such insults, while highlighting their own actions that he claims have undermined the Maharaja's legacy. He also called on the BJP-led government to retrieve the part of Jammu and Kashmir under Chinese occupation if they are serious about reclaiming the territory under Pakistan's control.
Aam Aadmi Party sources said Delhi Chief Minister Arvind Kejriwal wrote to Tihar jail superintendent on Monday claiming he has been asking for insulin daily amid spike in sugar levels.
In a letter he wrote to the Chairman, Kharge urged him to not take up any other business in the House and keep the proceedings limited to the discussion on the security breach.
From the 30-share Sensex blue-chip pack, Tata Steel, Zomato, Larsen & Toubro, Tata Motors, Adani Ports, Tata Consultancy Services, HDFC Bank and NTPC were the major laggards. Nestle, Hindustan Unilever, Mahindra & Mahindra, Kotak Mahindra Bank, Asian Paints and Bharti Airtel were among the gainers.
India should convert the Trump threat to an India opportunity, re-embracing a more liberal trade regime as a way of reviving manufacturing output and exports.
rediffGURU Samkit Maniar answers readers' personal income tax queries
'In addition, we have geopolitics and politics and all the other things that will affect commodity prices.'
Brokerages have maintained their ratings and target prices on FSN E-Commerce Ventures, the parent company of Nykaa, after the fashion and beauty online retailer posted in-line numbers during the October-December quarter (Q3) of financial year 2023-24 (FY24). They have, however, cut earnings before interest, tax, depreciation, and amortisation (Ebitda) estimates after weak demand weighed across line items in Q3. "While revenue growth was healthy at 22 per cent year-on-year (Y-o-Y), gross margins declined 90 basis points (bps), weighed by higher discounting in own brands and lower ad income.
Auto parts maker Sona BLW Precision Forgings (Sona) reported strong revenue in the fourth quarter of financial year 2023-24 (Q4FY24) as demand for electric vehicles expands. The company reported a 19 per cent year-on-year (Y-o-Y) increase in sales to beat street estimates. Sales were powered by a 34 per cent growth in the battery electric vehicle (BEV) segment and a good show in the differential gear segment.
Adani Power, part of the Adani group, plans to add close to 6 gigawatts (Gw) of new power assets in the next five years, according to an investor presentation by the company. That is clearly meant to ride on India's burgeoning power demand. But there is another side to it: All of this new capacity is expected to be thermal power, or power produced from coal.
Divya Nair/Rediff.com speaks to students and experts to find out whether it is better to study management in India or try for an international MBA.
rediffGURU Rohit Gupta, co-founder and COO of College Vidya, provides a list of competitive exams that can help you land a job in the public sector.
HAL, BEL and MDL feature on Sipri's list of the 100 largest arms producers in the world.
Delhivery share price dropped 6.6 per cent to a low of ?295.8 per share on the BSE on Monday after analysts cut their earnings estimate on the stock, following weak results for the December quarter (Q3) of the current financial year (FY25). Q3 is a seasonally strong quarter due to festive pick-up in demand.
'When so many young Baloch men and women are willingly volunteering as fighters and even suicide bombers.'
India's healthcare and pharmaceutical sectors raised Rs 14,811 crore through initial public offerings (IPOs) in 2024, the largest since 2019, driven by strong domestic demand amid expanding global opportunities. According to data, key contributors to the record fundraising included Sai Life Sciences (Rs 3,043 crore), IKS Health (Rs 2,498 crore), and Sagility India (Rs 2,107 crore).
'But this Budget alone will not fix what ails the Indian economy.'
The protesting students claimed that the deceased was suffering from health issues and was disturbed mentally after he was marked for failed attendance.
From the 30-share Sensex blue-chip pack, Titan, Adani Ports, UltraTech Cement, Tata Consultancy Services, NTPC, Bharti Airtel, Tech Mahindra, Infosys, Hindustan Unilever and JSW Steel were the biggest laggards.
A 26-year-old man, Anandu Krishnan, has been arrested for allegedly defrauding people across Kerala by promising them scooters, sewing machines, and home appliances at half price. The accused claimed to use Corporate Social Responsibility (CSR) funds from big companies. The case has taken a political turn with the involvement of Congress leader Lali Vincent, who served as a legal advisor to an NGO involved in the transactions. Vincent defended Krishnan and said he was not a fraudster, claiming he was made a scapegoat after those who promised CSR funds backed away. The case is being investigated by the Kerala police, who are also looking into the role of certain political leaders in the fraud.
'We face the risk of remaining a low-income country for a very long time unless something changes in the next few years.' 'Instead of constantly talking about becoming a developed economy, we need to start fixing the problems of the economy one by one.' 'There is so much potential, and we are squandering away the opportunity.'
The US Trade Representative noted that India's average applied tariff rate stood at 17% per cent, the highest of any major world economy.
'I am optimistic about the Budget because of the fiscal discipline the government has committed to.'
The Indian Diaspora has been able to carve a niche in their adopted countries as a result of their talent, perseverance and hardworking nature, asserts Rup Narayan Das.
Prime Minister Narendra Modi called Salim Durani, who passed away on Sunday, an institution in himself who contributed immensely to India's rise in the world of cricket.
Trump's sweeping tariffs and penalties on China-built ships have turned global shipping into the front line of economic war, observes Shyam G Menon.
Nearly 50 senior doctors of RG Kar hospital on Tuesday tendered their resignations in a mark of solidarity with medics who have been on fast-unto-death since October 5 demanding justice for the institution's rape and murder victim.
The stocks of diagnostic service providers have been standout performers within the healthcare sector over the past year, posting returns between 16 and 80 per cent. In comparison, the Nifty 50 saw returns of 8 per cent. Stable pricing, expectations of gradual volume growth, and market share expansion for the larger players have stoked increased optimism for listed companies.
The ideal time to invest in sector funds, is during a downturn so that investors can capitalise on a turnaround in 1.5 to 2 years.
A mysterious illness has claimed 17 lives in Jammu and Kashmir's Rajouri district, with the latest victim being a young girl named Yasmeen Kousar. The deaths have sparked concern and an inter-ministerial team has been sent to investigate the cause. The patients experienced symptoms such as fever, pain, nausea, and loss of consciousness before dying within days of hospitalization. The J&K government has ruled out a communicable disease of bacterial or viral origin.
Over 200 individuals in Rajouri, Jammu and Kashmir, have been quarantined after 17 people, including 13 children, died from a mysterious illness. The deaths have sparked concerns about the spread of the illness, and a medical emergency has been demanded by local officials. A central team is investigating the cause of the deaths, with over 230 samples sent for testing. Officials have identified a common factor among the deceased: brain involvement and damage to the nervous system. Three patients have been airlifted to a hospital in Jammu, and one patient has been airlifted to PGI Chandigarh for further treatment.
'A weak monsoon always spells disaster. But it's too early to have a pessimistic view.'
'Both international cooperation and self-reliance will now acquire new purpose.'
From the 30-share blue-chip pack, Zomato cracked nearly 7 per cent. Power Grid, Adani Ports, Tata Steel, NTPC, Tata Motors, Tech Mahindra, Mahindra & Mahindra, Asian Paints, Sun Pharma and UltraTech Cement were the other major laggards. In contrast, Axis Bank, Hindustan Unilever, Tata Consultancy Services and IndusInd Bank were the gainers.
According to experts, even if an additional 5 per cent of people opt to buy new vehicles, it may bring a huge boost to the sector.
The share of companies where it would take over 100 years for a median employee to earn the equivalent of their top executive's annual salary rose to 65 per cent in FY24 from 61 per cent in FY19.
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