BCCI announced cash awards of Rs 15 lakhs per match for each of the playing eleven that featured in India's maiden Test series win on Australian soil.
The ever-astute Ravi Matthai, Director of Indian Institute of Management, Ahmedabad in 1971, offered me a basic salary of Rs 1,000 per month on my return from the United States. I doubt if IIMA could hire a faculty member at Rs 55,000 per month today! points out Dr Shreekant Sambrani.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries
Continuing their selling spree for the sixth consecutive month, foreign investors pulled out a massive Rs 41,000 crore from the Indian equity market in March on anticipation of rate hikes by the US Federal Reserve and deteriorating geopolitical environment amid the Russia-Ukraine war. Further, flows from foreign portfolio investors (FPIs) are expected to remain volatile in the near term given the headwinds in terms of elevated crude prices and inflation, experts said. According to data available with the depositories, FPIs were net sellers to the tune of Rs 41,123 crore in the equity market last month.
JP Morgan has downgraded the Indian information technology sector to 'underweight' as it believes the heydays of the sector are over. Rising margin headwinds in the near-term and the revenue headwinds in the medium-term from a potential macro slowdown, Ankur Rudra and Bhavik Mehta of JP Morgan said in the report, will mean that the sector's earnings upgrade cycle is behind. "We see peak revenue growth behind us and earnings before interest and taxes (EBIT) margins trending down from inflation, mean revision.
Mahendra Singh Dhoni, Virat Kohli, Rohit Sharma, Jasprit Bumrah, Sunil Narine, Andre Russell, and Glenn Maxwell are among some of the big names that the existing franchises have decided to retain for IPL 2022.
If your annual family income in less than Rs 2.4 lakhs, you can avail of these courses free of cost on a special scholarship.
The global brokerage firm further said that BoP would be INR-supportive.
Traders who pay in rupees generate over Rs 50 crore in daily cryptocurrency volumes. Indians actually invest a great deal more in forex-denominated trades, observes Devangshu Dutta, explaining why it is impossible to ban cryptocurrency.
Edible oil major Adani Wilmar Ltd (AWL) on Monday filed the draft red herring prospectus with markets regulator Sebi for an initial public offer to raise up to Rs 4,500 crore. The company, which sells cooking oils under the Fortune brand, is a major player in the edible oil industry.
India's exports may have touched an all-time high of $422 billion in 2021-22 but recession in key western markets and geo-political crisis due to the Russia-Ukraine war are expected to impact the growth of the country's outbound shipments in 2023. All the global trade promoting factors like political stability, movement of goods, adequate availability of containers and shipping lines, demand, stable currency and smooth banking systems are in disarray. Adding to the woes, COVID cases have again started rising in countries like China, Japan, South Korea and the US.
The new Elantra is 40 mm longer and 25 mm wider than the outgoing model
The bidding for the two new Indian Premier League teams is set to take place on October 17. Interestingly, while the last day for queries in regards to bidding for the teams is September 21, the bids can be picked till October 5.
Any player with a Chess.com blitz or FIDE standard rating of under 2000 could play with former world champion Anand by donating US$150 and with the other four GMs by paying US$25 as registration amount.
Kings XI Punjab will be led by KL Rahul this year, and Kumble is well aware of the qualities of the Karnataka-born batsman having seen him from childhood.
Foreign portfolio investors (FPIs) were net buyers to the tune of Rs 16,459 crore in Indian markets in August, with majority of investment coming in the debt segment. In equities, they invested just Rs 2,082.94 crore while debt segment saw inflow of Rs 14,376.2 crore between August 2-31, depositories data showed. The quantum of investment in the debt segment is highest in this calender year so far.
IOC said the movement of prices in the international oil market and INR-USD exchange rate shall continue to be monitored closely
As the reform process is expected to gain further momentum, the Indian rupee will continue to outperform its Asian peers, which are likely to weaken further against the US dollar in 2015, says an HSBC report.
The scholarship for girls aged between 17 and 23 is a one-time reward of INR 25,000.
'Just a remarkable win...To go to Australia and win a Test series in this way will be remembered in the history of Indian cricket forever... BCCI announces a 5 cr bonus for the team ...The value of this win is beyond any number... well done to every member of the touring party,' BCCI President Sourav Ganguly tweeted.
Punjab Kings batsman Nicholas Pooran will donate a portion of his IPL salary to help the Indian people as the country battles a severe second wave of the COVID-19 pandemic.
Only Jos Buttler got going with the bat for the Steve Smith-led side as he played a knock of 70 runs. Bumrah emerged as a star with the ball for Mumbai as he returned with the figures of 4-20 in his four overs.
Olympic sensation Neeraj Chopra's success on the final day of the 2020 Tokyo Olympics has turned the track and field star into a household name across the country.
UltraTech Cement was the top gainer in the Sensex pack, rallying over 4 per cent, followed by Titan, Tech Mahindra, Nestle India, TCS, Bajaj Finserv and L&T. NSE Nifty advanced 54.75 points to 14,873.80.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your mutual fund queries.
Emerging technologies like cybersecurity and the Internet of Things have the potential to add 1.4 million new IT jobs in India by 2027.
Technically, USD/INR remains well below its 200-day moving average after first breaching that trend level on Thursday for the first time since May 2013, adding to the optimism on the rupee.
Excise duties on mobile phones to be 1% without CENVAT credit or 6% with CENVAT credit. This provision will have marginal impact on telcos.
'I have been training really consistently during the off season, and it (the upcoming season) is very important because I've been waiting for a big opportunity for a long time, and every year I've been getting only a few matches.'
This is essential to promote investment in essential infrastructure such as Power. Any additional burden will only pass on to the end consumer.
Investors are anxious over the US-China trade tension, a sharp devaluation in yuan and uncertainty over Kashmir issue.
Rahul and Neesham can be seen doing a fist pump, but the cricketer captioned the post as: "Paper, scissors, rock".
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The T20 World Cup is slated to be held in India in October-November 2021.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
From real estate to metals, what Sitharaman's Budget has in store.
From March 3, investors in India will be able to trade in select US stocks through the NSE International Exchange (NSE IFSC), a wholly owned subsidiary of the National Stock Exchange (NSE). Investors can invest in NSE IFSC receipts on US stocks, which will be in the form of unsponsored depository receipts (DRs). For a start, this will include DRs of 50 US stocks such as Apple, Alphabet, Amazon, Tesla, Microsoft, Morgan Stanley, Nike, P&G, Coca-Cola, and Exxon Mobil. Indian retail investors will be able to transact on the NSE IFSC platform under the Liberalised Remittance Scheme (LRS) limits prescribed by the Reserve Bank of India (RBI), which currently stand at $250,000 per year.
Indian Super League side FC Goa have been slapped with a fine of Rs 4,40,000 ($6,537) for two separate incidents of team misconduct while two of its players were suspended for two matches each for "offensive behaviour" by All India Football Federation's Disciplinary Committee.
A rate cut by the Reserve Bank is likely to help the rupee, which today hit a record low of 57.54 versus dollar, says a Bank of America Merrill Lynch (BofA-ML) report.
