'It is daunting, for sure, because you're rowing upstream.'
The Securities and Exchange Board of India (Sebi) has approved a proposal from a startup to test fractional shares in its innovation sandbox, marking a potential shift in the Indian equity landscape. This represents a change in stance from 2021, when Sebi rejected a similar proposal in the regulatory sandbox, primarily due to concerns over the custody of fractional shares.
The voice of the six bells of St Peter's Basilca announced that the Church has its new Pope.
Fast-moving consumer goods (FMCG) companies, retail firms, and producers of consumer durables are witnessing stable urban demand. However, people in the trade are waiting for clearer signs of revival closer to the festival season, starting in September.
The textile and apparel sector is India's second-largest employment provider, after agriculture, and it is now caught in a wave of uncertainty following the Donald Trump administration's tariff policy.
'The US reciprocal tariff has added another element of uncertainty and the central bank may prefer to wait and get further clarity.'
US President Donald Trump has posted a seemingly AI-generated photo of himself in papal attire on his social media, sparking a dueling backlash and praise. The image, which was also posted from the White House's social media handle, prompted many social media users to call it "cosplaying as the next Pope." The photo comes days after Trump had jokingly said last week that he would be his own "number one choice" for the next pope. The president posted the picture at 10:29 pm Friday, without a caption or comment. The post immediately garnered positive and negative reaction online.
Benchmark stock indices Sensex and Nifty declined on Monday, extending the losing run to the fourth day amid selling in IT shares and foreign fund outflows. The 30-share BSE Sensex dropped by 247.01 points or 0.30 per cent to settle at 82,253.46. During the day, it fell 490.09 points or 0.59 per cent to 82,010.38 but recovered some of the losses towards the close.
Private sector ICICI Bank on Friday said its board has approved additional 2 per cent increase stake in its asset management arm ICICI Prudential Asset Management Company. The board of the bank on Friday approved purchase of up to 2 per cent additional shareholding in the ICICI Prudential Asset Management Company, ICICI Bank said in a regulatory filing.
Titan, HCL Tech and State Bank of India were also among the laggards. However, Hindustan Unilever, Asian Paints, ICICI Bank, Power Grid, HDFC Bank and ITC were the gainers.
In a post on X, Zelenskyy said, 'Good meeting. We discussed a lot one-on-one. Hoping for results on everything we covered. Protecting lives of our people. Full and unconditional ceasefire. Reliable and lasting peace that will prevent another war from breaking out. Very symbolic meeting that has potential to become historic, if we achieve joint results. Thank you POTUS.'
Xavi, it is learnt, "sent an email from his own account" to apply for the post.
Wicket-keeper Jonny Bairstow confident of England recall with T20 WC in sight.
Congress leader Rahul Gandhi and other UDF MPs protest the arrest of Catholic nuns in Chhattisgarh, alleging religious persecution by the BJP government and demanding their immediate release.
BJP state chief Rajeev Chandrasekhar stated that the arrest of two nuns in Chhattisgarh was due to a 'misunderstanding' and that they will be released on bail soon. He met with Archbishop of Trichur Andrews Thazhath to brief him that the Prime Minister and Union Home Minister have assured the nuns would be released on bail.
On May 7, 2025, the conclave to elect a new pope began.
Markets regulator Sebi on Monday announced that it has allowed Jane Street, the US-based proprietary trading firm accused of market manipulation, to resume trading after the company deposited the mandated Rs 4,843.57 crore in an escrow account. The move comes after Jane Street complied with Sebi's directive, issued in the interim order dated July 3, to deposit the amount in an escrow account.
'AdFalciVax may offer advantages such as broader protection and a lower risk of immune evasion compared to existing single-stage malaria vaccines.'
The current situation in Kerala politics is perhaps best described as a case of the state's traditional two front politics now seeing a third front (the BJP) muscling in with the potential outcome being either a messy three front affair or a renewed endorsement of the two front pattern but with one of the old fronts compromised or quashed, observes Shyam G Menon.
Four cardinals from India, including two from Kerala, are eligible to vote in the upcoming conclave to elect the new Pope. Only cardinals under the age of 80 are eligible to vote, as per the regulations. Anthony Poola, the Archbishop of Hyderabad; Filipe Neri Cardinal Ferrao, the Archbishop of Goa and Daman; Cardinal Baselios Cleemis of the Syro-Malankara Church; and George Koovakkad, the newly appointed cardinal, are the four who can cast votes in the upcoming conclave.
Equity benchmark indices Sensex and Nifty tumbled in early trade on Monday amid heightened tensions in the Middle East after the US bombed three major nuclear sites in Iran. The 30-share BSE Sensex tumbled 705.65 points to 81,702.52 in early trade. The 50-share NSE Nifty dropped 182.85 points to 24,929.55.
A victim of alleged human trafficking and forceful conversion in Chhattisgarh claims she was coerced by Bajrang Dal activists to give a false statement. She also alleges police did not record her statement properly and that the arrested nuns are innocent.
The papal conclave, the process to elect a new Pope, is set to begin on Wednesday, May 7, 2025, following Pope Francis' death. The event takes place within the Sistine Chapel in Vatican City and involves the College of Cardinals.
Holi, the festival of colours, was celebrated across India with traditional fanfare and gaiety.
From the Sensex pack, Bharti Airtel, Asian Paints, Infosys, Bharat Electronics, Tech Mahindra and Eternal were major laggards. However, Maruti, Tata Steel, Bajaj Finance, Bajaj Finserv, Trent and Tata Consultancy Services were among the gainers.
Ola Electric's latest MoveOS 5 upgrade delivers sharper performance on its Gen 3 platform due to an optimised in-house Motor Control Unit that enhances range and responsiveness.
The arrest of two Catholic nuns from Kerala in Chhattisgarh on charges of human trafficking and forced religious conversion has ignited a political controversy, with opposition parties criticizing the arrest and the Chief Minister defending the police action.
'The nuns were subjected to abusive language and all types of mental torture.'
Investors' wealth eroded by Rs 5.98 lakh crore on Thursday, tracking weak trends in equities where the BSE Sensex tumbled 1 per cent. Benchmark indices Sensex and Nifty declined 1 per cent in tandem with weak global market trends amid growing tensions in the Middle East.
The Securities and Exchange Board of India (Sebi) on Monday proposed relaxations for asset management companies (AMCs) to serve pooled non-broad-based funds, giving an opportunity to fund houses to expand their business.
India's active Covid case tally crossed the 5,000 mark with Kerala remaining the most affected state followed by Gujarat, West Bengal and Delhi, according to the Union health ministry data released on Friday.
Will Jacks rewarded Mumbai Indians for the faith they showed in him despite a lean spell with bat and ball by helping them to a four-wicket win over struggling Sunrisers Hyderabad
Sensex sinks 573 pts on global tensions and high crude prices
The post on the X account of Pope Francis was sent out on Tuesday ahead of Ash Wednesday, the start of the season of Lent when the foreheads of Roman Catholics are marked with the ashes of burnt palm leaves.
'...they always address problems superficially, never tackling root causes.' 'Currently, the policy response will focus on immediate relief -- getting people to safety, providing facilities, clearing debris.' 'This is necessary, but once immediate relief operations end, everything returns to 'normal' without addressing underlying vulnerabilities.'
From the Sensex firms, Tata Motors, Titan, Eternal, Power Grid, Tata Steel, Larsen & Toubro, Mahindra & Mahindra and Hindustan Unilever were among the biggest laggards. Bajaj Finserv, Asian Paints and Tech Mahindra were the gainers.
Defence expenditure was pegged at 1.4 per cent of GDP in the Budget for 2025-26 but it may widen, depending on tensions between India and Pakistan.
Like with all great crashes, some had noticed the cracks. "... cash balances (of banks) seem, from the available indications, to be hopelessly inadequate; and it is hard to doubt that in the next bad times they will go down like ninepins. If such a catastrophe occurs, the damage inflicted on India will be far greater than the direct loss falling on the depositors," said John Maynard Keynes in his May 1913 work "Indian Currency and Finance", written before his path-breaking work in macroeconomics laid the foundation of dealing with global crises.
Among Sensex firms, Tech Mahindra, HCL Tech, Asian Paints, NTPC, Infosys, Nestle, Sun Pharma, and Tata Steel were the major laggards. Eternal, State Bank of India, HDFC Bank, Larsen & Toubro, Reliance Industries and Bajaj Finserv were the gainers.
Among Sensex firms, Eternal, Infosys, Tata Consultancy Services, Tech Mahindra, Reliance Industries, Asian Paints, HCL Tech and Adani Ports were the laggards. Power Grid, Bajaj Finance, NTPC, State Bank of India and IndusInd Bank were among the gainers.
