In a setback to the ruling Bharatiya Janata Party-Balasahebanchi Shiv Sena combine in Maharashtra, the Opposition Maha Vikas Aghadi-backed candidates clinched two of the five legislative council seats which were up for grabs in biennial elections from teachers and graduates segments, and appeared poised to bag a third seat also.
The benchmark Sensex is 2.4 per cent shy of a new lifetime high but the market capitalisation (m-cap) of all companies listed on the BSE is already in the record books. At Thursday's (August 18) closing price, the total m-cap of 4,776 firms on the BSE stood at Rs 280.5 trillion, surpassing the previous high of Rs 280 trillion on January 17. This, even if the Nifty Midcap 100 is currently 5.4 per cent below its lifetime high, while the Nifty Smallcap 100 index is down over 20 per cent.
Equity benchmarks Sensex and Nifty ended on a mixed note on Wednesday as the euphoria about the Budget fizzled out, with investors going for profit-taking ahead of the Fed interest rate decision. The 30-share BSE benchmark Sensex climbed 158.18 points or 0.27 per cent to settle at 59,708.08 after it trimmed most of the intra-day gains. During the day, it had zoomed 1,223.54 points or 2 per cent to 60,773.44.
Dalal Street investors became richer by more than Rs 16.36 lakh crore this year as the equity market scaled new highs despite persistent geopolitical uncertainties and inflation worries. Analysts attributed better macroeconomic fundamentals, the confidence of retail investors and foreign investors investing again in the domestic equities towards the latter half of 2022 as the key factors that led to the outperformance of the Indian market in comparison to many other stock markets worldwide. During the initial part of the year, markets were jolted by the Russia-Ukraine war.
Kande, in his petition filed through advocate Ajinkya Udane, said the ECI's decision discharging his vote has caused grave prejudice to his dignity and reputation, and sought that the HC quash and set aside the ECI's decision.
The fate of the C K Nayudu Trophy and Senior women's T20, which were postponed due to the COVID-19 pandemic, and the Local Organising Committee for 2023 ODI World Cup is likely to be formed when the BCCI Apex Council meets virtually on March 2.
Elon Musk's decision to drop the idea of acquiring Twitter over purported under-reporting of fake accounts due to the use of bots has opened a can of worms on what is a growing and crucial problem - advertisers who put in money based on these falsified numbers (which is the mainstay revenue of these platforms) are making losses; they are paying for bots in the guise of viewers. mFilterIt - a global digital and advertising (ad) fraud detection and protection company in India - says search engines like Google have the lowest average ad fraud rate of 10-12 per cent, based on the inference arrived at while working with clients that use these platforms. This means 10-12 per cent of the ad viewership is generated by machines.
India had stormed into seven out of 10 finals.
The turmoil, if you read the headlines, is about the so-called funding winter. Deep down, though, the question is one of the common direction in which founders and investors need to pull, points out Suveen Sinha.
President Droupadi Murmu will lead the nation in celebrating the Republic Day, and Egypt's President Abdel Fattah al-Sisi will be the chief guest at the ceremonial event.
This year's Twenty20 World Cup could be moved to the United Arab Emirates if the COVID-19 crisis does not subside in India, the Board of Control for Cricket in India said.
Tata Steel was the top gainer in the Sensex pack, zooming 7.57 per cent, followed by Sun Pharma, IndusInd Bank, L&T, ITC and HCL Tech.
The Bombay high court on Tuesday sought to know if a complainant in a case can ask for a particular advocate to be appointed as a special public prosecutor in the case.
Titan was the top gainer in the Sensex pack, rising 3.5 per cent, followed by Kotak Bank, SBI, Maruti Suzuki, Bajaj Finance, HUL, Axis Bank and Sun Pharma. On the other hand, NTPC, Tech Mahindra, PowerGrid and Infosys were the laggards.
The Olympic-bound Indian archers on Wednesday took their second shots of COVID-19 vaccine, becoming the first fully vaccinated lot of athletes from the country ahead of the Tokyo Games.
The Centre on Friday said that no farmer died due to police action during the year-long protests by farmers.
Analysis shows 7,42,134 voters opted for NOTA as against 4,60,741 votes who had chosen this option in 2014 polls.
'Why should our government opt for unproven technology that has been rejected by most countries across the globe?' 'Being dependent on any other nation to supply you seed for your good crops is another form of slavery.'
The Kumaon region, under which Nainital falls, has been the worst hit by the rains which began Sunday night, killing at least 46 people in the state as houses collapsed and bridges were washed away by swollen rivers.
Controversial keeper-batter Wriddhiman Saha, who has been dropped from the Test team, will still earn Rs 1 crore in annual income after being demoted from group B to C.
The Republic Day parade, which will begin at around 1030 am, will be a unique mix of the country's military prowess and cultural diversity, depicting the country's growing indigenous capabilities, Nari Shakti and emergence of a 'New India'.
The Maharashtra government told the Bombay High Court on Wednesday that it would not appoint a new special public prosecutor in the Khwaja Yunus custodial death case till October 14.
'This is Dhiraj from Bangalore. On my way back from Delhi on 5th May, I met Shoaib Akhtar at the Delhi airport. He was going to Kolkata to join his IPL team,' writes Dhiraj.
Reader Dhiraj Kumar sent us this picture from London.
Landslides blocked roads, many villages went without electricity and the death toll climbed to 52 as authorities on Wednesday faced the aftermath of the rains that had battered Uttarakhand for over two days.
Bollywood stepped out to vote for the assembly polls, and made sure to show off their inked fingers on social media.
Reader Dhiraj Naidu shares this simple macaroni recipe. Share yours!
'We need people who can position a product digitally and craft the journey for customers, by improving user interface and user experience.'
Dhiraj Deka talks to Tista Sengupta/Rediff.com on how designers still struggle to acquire original Silk fabric from the market and how his growing business has helped the weavers earn more and lead a better livelihood.
Union Home Minister Amit Shah on Thursday conducted an aerial survey of rain-ravaged areas of Uttarakhand to asses the damage which the state government has pegged at Rs 7,000 crore.
Delhi Capitals chief executive officer Dhiraj Malhotra and assistant coach Mohammad Kaif shared their thoughts, having met their players after a long time.
The list acknowledges the 'inroads women are making in the business world'.
From the 30-share pack, 24 companies fell, with Yes Bank emerging as the top loser, dropping 8.36 per cent, followed by NTPC, M&M and Vedanta.
A top military officer on Friday dismissed a United States intelligence assessment that the Indian army is strengthening itself for a "limited conflict" with China, asserting the country's armed forces are more of deterrence to rivals.
Spinners Shahbaz Nadeem (4/31) and Sunny Gupta (3/56) wreaked havoc as Jharkhand bundled out Odisha for 152 on the first day of the last group league encounter of the Ranji Trophy in Thumba, Thiruvananthapuram, on Thursday.
Dhiraj Kumar, author of The Asocial Network writes exclusively for Rediff.com on the social networking tips that you MUST know.
Market players said the new norms were more suited for online brokers, where clients were typically internet savvy.
The labour unrest at Maruti Suzuki India's Manesar plant took a violent turn on Thursday when a group of supervisors were attacked on their way to work, with five of them sustaining injuries.
We invited readers to send in their interesting monsoon snapshots. Here is the next set of responses -- and you can share yours too!
