ITC's results for the January-March quarter (Q4) were strong, with robust growth in the fast-moving consumer goods (FMCG) segment and a good performance in hospitality. The tobacco division's performance was on expected lines, with double-digit volume growth, helped by reclaiming of market share from the smuggled trade. There was 60 per cent growth in non-cigarette earnings before interest and tax (Ebit), despite a relatively weak performance in paperboards.
Siachen 1987 reveals for the first time the Northern Army's 'intent' to use Siachen as an excuse to capture the strategic town of Skardu in PoK, notes military historian Colonel Anil A Athale (retd).
It was August 2007. Tata Steel was turning 100. Jamshedpur, its hometown, had an air of celebration. The line-up for the special event included the launch of Air Deccan's commercial flight connecting Kolkata and Jamshedpur, and release of Russi Lala's new book, Romance of Tata Steel. There was also the screening of The Spirit of Steel, a 20-minute documentary directed by Zafar Hai showcasing Tata Steel's legacy, and a corporate anthem penned by Javed Akhtar and composed by Shankar, Ehsaan and Loy.
Despite a firm improvement in the operational metrics of new-age companies during the January-March quarter (Q4FY23), analysts remain cautiously optimistic about their outlook. This is because the shares of these firms are still not risk free, as per analysts, given the companies are yet to make profits. Kranthi Bathini, director-equity strategy at WealthMills Securities says that while the sentiment around these stocks, which includes Paytm and Zomato, has turned positive, it remains to be seen how soon these firms turn profitable and improve margins.
'My adrenalin kicked in and the happiness returned! It was time to go in for the kill again.' IAF Veterans Group Captain Dilip Kumar Dass tells Air Commodore Nitin Sathe about how the IAF decimated tanks in the famous Battle of Longewala.
FSSAI will put the draft guidelines in front of a seven-member expert committee.
The government on Tuesday imposed restrictions on sugar exports from June 1, a move aimed at increasing availability of the commodity in the domestic market and curbing price rise. "Export of sugar (raw, refined and white sugar) is placed under restricted category from June 1, 2022 onwards," the Directorate General of Foreign Trade (DGFT) said in a notification. However, it said that these restrictions would not be applicable on sugar being exported to the EU and the US under CXL and TRQ. A specified amount of sugar is exported to these regions under CLX and TRQ.
A homemaker in every family would get a monthly assistance of Rs 1,000, the manifesto said.
But it is less adventurous. It seems, at last, that in its eighth decade, Pakistan has settled into being a parliamentary democracy just like Bangladesh has and like we have always been, observes Aakar Patel.
Crisis-ridden NSEL on Wednesday declared ten more entities as defaulters after they failed to pay their dues on the second-pay out, taking the number of members who are to pay dues at 19.
Latif claimed that 72-year-old Nawaz will face the cases as per the law and the Constitution, reiterating that PML-N believes in court and will accept its verdict.
In his second term in office, UP Chief Minister Yogi Adityanath has retained 34 portfolios.
As the second season of The Night Manager hits the OTT screen, Deepa Gahlot looks back at the top spy thrillers on streaming platforms.
Hit hard by volatility in yarn prices, 50% of the looms said to be operating only 3-4 days a week.
Negotiations on with three brokers holding 5% of about Rs 5,500-crore (Rs 55 billion) overall dues
India's plan to produce ethanol from second-generation (2G) sources -- mainly farm waste -- is taking time to materialise even as the government is set to dedicate to the nation on Wednesday a Rs 900-crore plant set up by Indian Oil Corporation (IOC) in Panipat. Though state-run oil companies had decided to set up at least 12 plants in 2016-17 with an investment of around Rs 10,000 crore, this will be the first unit coming on track while others are stuck in various stages owing to issues like capital expenditure, lack of feedstock, and high rates of finished products compared to traditional ethanol units. According to industry sources, three more second-generation plants are coming up.
Bihar Chief Minister Nitish Kumar seems intent on mending fences with estranged former colleagues as part of the spadework for posing a credible challenge to the Bharatiya Janata Party's national hegemony.
Tata Steel has a very British problem. The performance of Europe dragged the steel major's October-December (Q3FY23) performance with the UK business accounting for a major part of the operating loss; on the bottom line, the overhang of the British Steel Pension Scheme (BSPS) showed. And a nearly three-year discussion with the UK government on a support package for a green transition resulted in an offer that fell short of the ask.
UP's mills, dominated by the private sector's 94 units, have already expressed their inability to participate in the next crushing season
'This incident is likely to embolden the radicals as also the sleeper cells of terrorists and their masters hiding abroad, including Pakistan.'
Three million tonnes of buffer stock, where the government bears the interest and insurance cost, was announced by the Centre only for a year and that period is ending in June.
The subsidy will be credited to bank accounts of farmers against cane price dues and are compliant with WTO norms. This will benefit millions of farmers in Uttar Pradesh, Maharashtra and Karnataka.
The speculations were triggered by Kumar's reference to the Rajya Sabha being "the only House" he has not been a member of.
"You take any section of society be it Dalits, weavers or Brahmins, everybody has been exploited. The administration of Yogi Adityanath ji is working completely against the 'vichaar' (thoughts) of Guru Gorakhnath," she said at a rally, taking a swipe at the BJP leader who is also the head of the prominent Mutt in Gorakhpur named after Saint Gorakhnath.
After a stellar run that saw the frontline indices - the S&P BSE Sensex and the Nifty 50 - clock gains of around 21 per cent and 24 per cent respectively in calendar year 2021 (CY21), the year gone by in real sense belonged to the mid-and small-cap segments. Thus far in CY21, the mid-and small-cap indexes on the BSE have far outpaced the run in the frontline indices and notched up a gain of around 38 per cent and 61 per cent, respectively during this period. Though analysts expect the outperformance to continue in 2022, they caution against the multiple headwinds in the year ahead that may dent the overall market sentiment.
Vinai Kumar Saxena's current job as lieutenant governor of an Opposition-ruled state will raise the bar -- not just for him, but also for the Aam Aadmi Party government, which never says no to a fight with the representative of the central government in India's capital.
'It did not vote against America, or for Russia.' 'If we had voted for the American motion, it would have spoilt our relationship with Russia without any change in Russia's behaviour.'
'Washington appears to be playing the long game, and making the argument to India that over the longer term, Russia -- sanctioned, cash-strapped, isolated by the West -- will no longer be a viable defence partner for India'
Cricket Australia on Tuesday confirmed that the Pink Test between Australia and India will remain at the Sydney Cricket Ground as scheduled.
Indian-Americans are taking over the country, United States President Joe Biden said on Thursday, referring to the high number of people from the community getting a place in his administration.
Sakshi and Rohit managed to make it out of the Kamala Mills fire and get themselves treated for burns.
The Comptroller and Auditor General detected financial irregularities of over Rs 10,000 crore in Bihar government departments during the financial year 2012-13.
Last year, the country produced about 77.52 million tonnes of fruits, 149.6 million tonnes of vegetables, 104.32 million tonnes of rice and 93.90 million tonnes of wheat.
The watchdog has also asked the airlines to ensure various requirements are complied with by engineering and maintenance personnel with respect to 737 MAX planes.
Threats were often communicated to Pandit homes through notes tied to stones chucked through a window, or a notice pasted on a wall. Those sometimes came from neighbours eyeing that Pandit family's property. Those threats often worked in the atmosphere of terror during that awful season of vacuous exercise of State authority, writes David Devadas, longtime Kashmir watcher and author of two books on the Valley.
'War is never a solution. It's nothing but real estate business I am against any kind of violence.'
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
The Union home ministry on Tuesday allowed opening of shops selling school books and electric fans, services of bedside attendants of senior citizens and public utilities including recharge facilities for prepaid mobile phones during the ongoing lockdown.
As cess levied under GST isn't shared by states, most states oppose it on the ground that it would set a wrong precedent and distort the GST structure.
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