Several Opposition leaders, including former Congress chief Rahul Gandhi, on Wednesday attacked the government over a media report claiming that a key Adani group investor is also co-owner with the conglomerate in a defence firm.
US short seller Hindenburg Research has rejected Adani Group's charge that its report was an attack on India, saying a "fraud" cannot be obfuscated by nationalism or a bloated response that ignored response to key allegations. Commenting on the 413-page response Adani Group released late on Sunday evening in response to its report, Hindenburg said it believed India was a vibrant democracy and an emerging superpower with an exciting future and it was Adani Group which was holding it back through "systematic loot". Hindenburg stood by its last week's report that said its two-year investigation found Adani Group "engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades".
Despite the hope that lessons will be learnt, the next accident invariably shows that nothing has been learnt -- or if learnt, they have been ignored, observes Prosenjit Datta.
India's largest two-wheeler maker by volume - Hero MotoCorp (Hero) - posted a better-than-expected operating performance in the January-March (fourth quarter, or Q4) quarter of 2022-23 (FY23). Riding on higher average selling prices which were up 5 per cent year-on-year (YoY) and volume growth of 7 per cent, the company registered a 12 per cent growth in revenue to Rs 8,306 crore. The company sold 127,000 units in the quarter, largely driven by domestic sales which were up 11.6 per cent, while exports saw a sharp fall of 57 per cent over the year-ago quarter.
Deputy CM says a lot has been achieved, but the state has to go a long way.
The Congress will make it the main issue when its Bharat Jodo Yatra led by Rahul Gandhi reaches Jammu and Kashmir early next year.
Doval is a 'Z plus' category protectee under the central VIP security list and the security cover is provided by the Special Security Group unit of the CISF.
The Centre received 5.59 lakh public grievances against various government departments in the first half of this year, with the Department of Financial Services (DFS) getting most of such complaints, according to an official report.
After a Cabinet meeting held at the state secretariat, Chief Minister Mamata Banerjee told reporters that the previous Left Front government had raised the limit by five years from 32 years to 37 years.
'Investing in a factor-based fund can be beneficial provided you have chosen the right factor.'
Campa is set to take on its competition, which pushed it out of the aerated drinks business in the late 1990s, but this time with a new owner - Reliance Industries. Campa's entry comes at a time when aerated drinks as a category is already saturated. But experts say this could give rise to competition in the segment, eventually causing the space to grow.
"A call, 'No Vote to BJP', will be given during the Vidhan Sabha elections if assurances made by union leaders, including the Prime Minister, are not fulfilled shortly," samiti national president Yashpal Malik on Thursday said.
Wrapping up his four-day state visit to the US, Prime Minister Narendra Modi on Friday asserted that a new and proud journey of India-US ties has begun and the world is watching the two great democracies strengthening their bond.
Meet Nilima Kalra, 79, Manju Roy, 80, Sumita Maan, 79, and Gurpreet Kaur, 75.
Street gave a thumbs down to Aditya Birla Fashion and Retail (ABFRL)-TCNS Clothing deal as analysts flagged near-term profitability risks for ABFRL with its latest acquisition. At the bourses, shares of the Aditya Birla group company tumbled 6.2 per cent in the intra-day trade, before settling 3.27 per cent lower at R 207.2. Those of TCNS, meanwhile, plunged 20 per cent to end at Rs 416.64.
The vaccine option for this age group would only be Covaxin, according to guidelines issued by the Union Health Ministry on December 27.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
The Uttar Pradesh government has accorded 'Y' category security to Suheldev Bharatiya Samaj Party (SBSP) president Om Prakash Rajbhar, an alliance partner of the Samajwadi Party, officials said on Friday.
Senior NCP leader and Maharashtra minister Chhagan Bhujbal on Wednesday said the Supreme Court order on the Other Backward Classes (OBCs) quota was a setback to the state government and it should do everything it can to save the community's reservation.
The BJP-led National Democratic Alliance released its manifesto for the February 20 Punjab polls on Saturday, promising a slew of sops for various sections, including 75 per cent reservation in all government jobs for youngsters from the state, an unemployment allowance, 35 per cent reservation for women in government jobs and massive infrastructure development.
'To achieve a corpus of Rs 10 crores in the coming years, I would suggest you increase your SIP, advises Nikunj Saraf, vice president, Choice Wealth.
'With Ramaland, the tourism department is looking to attract children and adults alike. It'll be learning with entertainment.'
Over longer periods of three, five and 10 years, small-cap funds have rewarded their investors handsomely.
The stock of Divis Laboratories is up 10 per cent over the last couple of trading sessions on expectations that the worst is behind and the company could see a sequential growth in the March quarter of the 2022-23 financial year (Q4FY23). The stock witnessed the highest downgrades among Nifty50 index stocks with earnings cuts over a third after the Q3FY23 results. The company had posted a 32 per cent drop in revenues over the year ago quarter in Q3FY23 and 8 per cent sequentially, which was sharply lower than Street expectations.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
'Investors don't have to worry about underperformance in passive funds, which earn market-equivalent returns.'
Reservation should not continue for an indefinite period so as to become a "vested interest" and the vision of the framers of the Constitution that there should be a "time span" for such quotas has not been achieved, the Supreme Court said on Monday in its majority judgment while upholding the EWS quota.
Aided by robust festive season offtake, automobile retail sales in India witnessed a 48 per cent annual jump in October, automotive dealers' body Federation of Automobile Dealers Associations said on Monday. The total retail sales last month stood at 20,94,378 units, up 48 per cent from 14,18,726 registrations in October 2021. The registrations last month were even better by 8 per cent as against October 2019, a pre-COVID month. The festive season this year turned out to be the best for the industry in the last four years.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
FMCG: Cut in excise duty on baby, clinical diapers, adult diapers and sanitary napkins.
Finance Minister Pranab Mukherjee presented the Union Budget 2010-11 in parliament on Friday. A look into the hihghlights.
The panel of state finance ministers is likely to recommend a uniform GST levy of 28 per cent on online gaming irrespective of whether it is a game of skill or game of chance, sources said. However, it is likely to suggest a revised formula for calculating the amount on which the Goods and Services Tax (GST) would be levied. Currently, online gaming attracts 18 per cent GST.
'Bharat Jodo Yatra' is a 'booster dose' for the Congress and a 'decisive and transformational moment' for the politics of the country, senior party leader Jairam Ramesh said in Guwahati on Friday.
In a letter to Dhankhar, Ramesh said sending the Bill to the joint committee of both Houses means "devaluation and denigration" of the status and functions of the standing committee.
The weekly Yuva trains - Delhi-Mumbai-Delhi and Delhi-Kolkata-Delhi - meant for unemployed youth and economically poor sections became operational in January.
The formula was proposed by private institutions.
Prithvi Teja, the boy who topped the IIT-JEE this year reveals how he studied for the mother of all exams.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Indian-origin Dr Vivek H Murthy expresses his reservations on marijuana, now legalised in two US states
The industry expects 0% duty on all types of fuels, low duty rate of 2% on basic building blocks like benzene, toluene, xylene, naphthalene etc.; moderate duty rate on Intermediates of 5% and high duty rate on finished products of 7.5%.
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