India's manufacturing sector output increased at a sharp pace in June as new business continued to flow in amid favourable demand conditions and resulted in record upturn in employment, a monthly survey said on Monday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) increased from 57.5 in May to 58.3 in June, indicating a sharper improvement in business conditions. In PMI parlance, a print above 50 means expansion, while a score below 50 denotes contraction.
Inflows into equity mutual fund (MF) schemes declined in May, logging their lowest tally in 13 months at Rs 19,013 crore. It came even as the gross systematic investment plan (SIP) inflows surged to a record high of Rs 26,688 crore.
The Supreme Court of India has referred the matter of the Right to Education (RTE) Act's applicability to minority schools to a larger bench for adjudication, expressing concerns about potential misuse and fragmentation of the education system.
India's K L Rahul and Ravindra Jadeja will be eager to put their best foot forward and etch their name in the record books in the fourth Test at Manchester.
Why not stream all the data in real time to multiple recipients? It would make the investigation of aviation incidents much easier and far more transparent, recommends Devangshu Datta.
The Securities and Exchange Board of India (Sebi) is set to introduce key reforms aimed at facilitating smoother mega initial public offerings (IPOs). Key among the proposals is a reduction in the quota reserved for individual investors - those applying for less than Rs 2,00,000 per application - from the current 35 per cent to 25 per cent for large IPOs (issue size above Rs 5,000 crore).
Bangladesh police have filed a case against deposed prime minister Sheikh Hasina and 72 others on charges of hatching a conspiracy to overthrow the interim government led by Muhammad Yunus by waging a civil war, officials and media reports said on Saturday.
Rohit Sharma achieved another significant milestone in his already impressive career by becoming the first Indian batsman to hit 300 sixes in One-day Internationals. In doing so, he joined an elite club alongside Chris Gayle (331 sixes) and Shahid Afridi (351 sixes) as one of the few to have hit more than 300 maximums in ODIs.
The truth about what triggered the fatal crash of the Dreamliner should not only help bring the guilty to book, but also outline the future course of action in aviation safety, notes Nivedita Mookerji.
The most powerful man in world cricket today himself retrieved the ball from amidst the seats and threw it back onto the field. It was then that everyone realised Jay Shah is a left-hander.
Customers who have already booked earlier variants will also have the option to upgrade to the 79 kWh battery version.
Office space owners are looking at good times ahead as rentals are expected to rise due to demand for Grade A office spaces outpacing supply that has been sluggish due to construction delays, long gestation periods and developers' interests shifting to residential.
'Whenever present-day politics do get involved, history sinks to the level of a morality play, with advocates for this or that cause seeking to praise their heroes or condemn their villains.'
Sanju Samson has etched his name in the record books by becoming the first player to score three T20I centuries in a calendar year.
'Operation Sindoor had three objectives.' 'One, destroy the Lashkar-e-Taiba headquarters at Muridke and the Jaish-e-Mohammed headquarters at Bahawalpur.' 'Second, deter and defend any counterstrike by Pakistan.' 'And third, if they persist, demonstrably deliver counterforce punishment.' 'All of the three boxes, the IAF checked,' points out Shekhar Gupta.
India will kickstart their campaign on September 10 against the UAE. Media reports suggest that Gill could make his return to the T20I team, possibly as vice-captain.
'He has got speed, a lot of endurance, he is mentally very tough.'
'Right now, we have no relationship with Pakistan. And the relationship with China is not great.'
'He appreciates red-ball cricket a lot and was a little disappointed when I announced my retirement.'
Bajaj Finance, IndusInd Bank, State Bank of India, Maruti, Tata Motors, ITC, Tata Steel and Reliance Industries were also among the gainers. Nestle, NTPC, Kotak Mahindra Bank, Power Grid and Titan were among the laggards.
The strategy was straightforward - aggressively buy select Bank Nifty index stocks in the morning and sell them just as forcefully later in the day, triggering a sharp drop in share prices.
By getting Jagdeep Dhankhar to resign at short notice, Narendra Modi has sent a message to his own ideological clan that he brooks no one trying to get too big for their boots, observes Modi biographer Nilanjan Mukhopadhyay.
Bhai, tune kya batting kiya hai, kamaal ka batting kiya tune'
Hyundai Motor India Limited's (HMIL's) record Rs 27,870 crore initial public offering (IPO) may not have set the primary market alight with sky-high subscription levels, but it has spelled a windfall for the five investment banks steering the share sale. The Indian arm of the South Korean carmaker paid Rs 493 crore - 1.77 per cent of the issue size - in fees and commissions to the book running lead managers (BRLMs), marking the largest-ever payout for an IPO in the country.
Vaibhav Suryavanshi says he will look to do two times better for his team Rajasthan Royals in next year's Indian Premier League.
The Supreme Court is reviewing objections to the movie 'Udaipur Files - Kanhaiya Lal Tailor Murder,' with the Centre suggesting six cuts. The court has extended a stay on the film's release until further orders.
Suryakumar Yadav etched his name in the record books, becoming only the fifth Indian batter to surpass 8,000 runs in T20 cricket with a scintillating display in the Indian Premier League.
The famous 'tareekh pe tareekh' dialogue from the Hindi movie Damini captures where we are now.
Besides wrong selection of ITR form, many professionals claim deductions they are ineligible for.
A 28-year-old student from Nalgonda district was arrested in Hyderabad following his deportation from the United States for allegedly using forged documents to obtain his visa, police said on Wednesday.
An accused is discharged at the stage of charge-framing when the judiciary is persuaded that the prosecution's claims do not contain adequate prima facie evidence to suggest criminal conduct.
Overwhelmed by the loss of his youngest son in the 1990s, Fauja Singh found solace in running with a local club in Essex after moving out of India following the death of his wife and daughter.
42 years of World Cup triumph: A Day that made Indian cricket what it is
Tensions between the Congress and its leader Shashi Tharoor escalated on Thursday with the party saying he was very much part of their family but had erred in claiming that surgical strikes against Pakistan were held for the first time in 2016.
Banks have been borrowing heavily from the Tri-Party Repo (TREPS) market and deploying those funds into the Standing Deposit Facility (SDF) of the Reserve Bank of India (RBI), which is offering higher interest rate than the former, leading to increased volumes in the SDF window. The weighted average TREPS rate was trading at 5.66 per cent on Monday, 9 basis points lower than the SDF rate which currently stands at 5.75 per cent.
'I was so full of josh, with all my friends cheering me on, I gave it everything from the get-go.' 'By nightfall, the pain had set in. My legs were aching, my back was on fire and I was in tears.' 'I turned to my mom and said, "I can't do this."'
To help you ride the growth trajectory of India's equity markets, we have curated the top five fastest-growing stocks that hold an impressive upside. If you're planning to build a sound portfolio and capitalize on the growth of these leading institutions, it's time you watch these stocks.
'The quality of justice is directly linked to the quality of judges -- if that suffers, justice delivery suffers.'
At 40 years and 126 days, Sunil Chhetri became the oldest hat-trick scorer in the ISL history
In what was perhaps the most critical meeting before full-scale war broke out, Shastri defined India's immediate war objectives to his defence minister, army, and air force chiefs: 'To defend against Pakistan's attempts to grab Kashmir by force and to make it abundantly clear that Pakistan would never be allowed to wrest Kashmir from India; To destroy the offensive power of Pakistan's armed forces...' A fascinating excerpt from Shiv Kunal Verma's must-read 1965: A Western Sunrise India's War With Pakistan.
