Aus ODIs: Bumrah, Gill workload to be discussed, battle between Jaiswal and Abhishek
The Indian services sector growth touched a 15-year high in August, driven by a sharp rise in new orders and output, amid substantial improvement in demand conditions, a monthly survey said on Wednesday. The seasonally adjusted HSBC India Services PMI Business Activity Index was up from 60.5 in July to 62.9 in August, indicating the steepest rate of expansion since June 2010.
India's economy could reach $20.7 trillion in terms of purchasing power parity (PPP) by 2030 and may emerge as the second-largest economy by 2038 with $34.2 trillion GDP, an EY report said on Wednesday. The report also said that with appropriate countermeasures, India can limit the adverse impact of higher US tariffs on selected Indian imports to about 10 basis points of real GDP growth.
Pakistan are currently in the second spot with two points, ahead of UAE (2 points) on net run rate.
As the potential threat of a steep 200 per cent tariff on pharmaceutical imports hangs in the air, analysts and industry insiders feel that focus on exports to non-US regions as well as domestic market will increase as a long-term trend. US President Donald Trump told CNBC's Squawk Box in the first week of August that planned tariffs on import of pharmaceutical products to the US could eventually reach up to 250 per cent.
'Pretty amazing. The whole tournament, we remained unbeaten, it feels pretty amazing to be in this position.'
Grandmaster R Vaishali was so crestfallen following seven straight losses in the Chennai Grandmasters that she had made up her mind to pull out of the Grand Swiss tournament, but family support steered her to the event where she won the title to qualify for the Candidates next year.
'He was like a sponge. He soaked up everything we taught him -- and when it came time to play, he'd squeeze out exactly what was needed on the board during tournaments.'
Women's World Cup winner Divya Deshmukh, who has also qualified for the Women's Candidates, has opted out of the women's section to compete with the best in business.
Finance Minister Nirmala Sitharaman on Tuesday asked fintech firms to focus on risk management at a time when criminals are using AI to mimic voices, clone identities and create lifelike videos to manipulate people.
The government plans to establish a fully indigenous manufacturing ecosystem with an annual production capacity of up to 6,000 tonnes. The scheme is expected to run for seven years, according to official documents.
United States President Donald Trump on Friday announced that his administration will impose a 100 per cent tariff on branded and patented pharmaceutical products beginning October 1, 2025, unless the manufacturing companies are building production facilities in the US.
The Enforcement Directorate questioned Robin Uthappa for over eight hours and recorded his statement in a money laundering case linked to online betting app.
'Jaiswal has an avg of 36 & a strike rate of 164 in T20Is and he got dropped for Gill who has avg of 30 and a strike rate of 139.' 'There is no place for merit anymore.'
Indian cricket fans, who love turning up for IPL matches across the country, will have to shell out more for tickets next season with government raising the Goods and Services Tax.
Amid the impending rejig in the goods and services tax (GST) rates, an association representing the country's beverages industry has appealed to the Centre to not classify aerated beverages as sin/demerit good and bring it under the 18 per cent slab while citing their "mass consumption" as a reason.
Both NDA and INDIA are racing to woo marginalised groups with Assembly polls fast approaching.
"Just being compared, I saw it as a huge privilege": South Africa's Dewald Brevis embraces 'Baby AB' legacy
While only one place seems assured for the Indians in the men's section, there are already three in the women's category who have made it to the Candidates.
India needs to come together to deal with the 50 per cent punitive US tariffs on Indian products and stand up to any kind of bullying, Maruti Suzuki India chairman R C Bhargava said on Thursday. "It is our duty as Indians to do our very best to promote and maintain our dignity and respect and not give in to any kind of bullying in this matter... the nation has to stand united," Bhargava said at the company's 44th Annaul General Meeting in New Delhi.
Abhishek Sharma was brutal and beautiful in equal measure during his scintillating 74 as India made a tricky chase look comfortable, winning an ill-tempered Super 4 contest of the Asia Cup against Pakistan by six wickets in Dubai on Sunday.
Foreign investment in bonds issued by Indian corporates touched a 10-year high in May at 20,996 crore, driven by $3.35 billion fundraise by the Shapoorji Pallonji (SP) group, which saw infusion from Deutsche Bank, BlackRock, Morgan Stanley, Davidson Kempner, and Cerberus Capital, among others. The SP group sold three-year bonds, offering 19.75 per cent yield compounded annually and payable at maturity.
The Indian women's cricket team will look to end a 47-year wait for its maiden ICC title when it takes the field at the ODI World Cup starting with a clash against Sri Lanka.
Persisting uncertainties related to the US trade policies pose downside risk to the overall demand in the Indian economy while the inflation outlook for the near term has become more benign than anticipated earlier, RBI said in its latest bulletin on Thursday. In the August bulletin, the Reserve Bank of India (RBI) also said that India's sovereign rating upgrade by S&P bodes well for capital inflows and sovereign yields, going forward.
In the open section, Gukesh squandered a winning position against Erdogmus and eventually had to settle for a draw in a dramatic, time-troubled encounter.
Ratings firm Crisil said on Wednesday that the uncertainties surrounding the US tariffs might be a new hindrance to capital expenditure decisions in the current financial year. The additional 25 per cent tariff imposed by US President Donald Trump on India for its purchases of Russian oil came into effect on Wednesday, bringing the total amount of levies imposed on New Delhi to 50 per cent.
CAG warns most states of fiscal imprudence as March spending overshoots limits, with key departments exhausting large portions of budgets in the last month of FY24.
The rationalisation of goods and services tax (GST), announced on Wednesday, directly lowers the cost of everyday medical consumables, and also high-end therapies in oncology and rare diseases, helping reduce out-of-pocket patient expenditure and better adherence to medication.
Actor Sonu Sood was questioned by the Enforcement Directorate (ED) in connection with a money-laundering case linked to the online betting app 1xBet. The investigation involves several celebrities and focuses on alleged tax evasion and the duping of individuals.
Skipper Suryakumar Yadav made optimal use of available resources in both departments as India did enough to beat a spirited Oman by 21 runs to end their league stage commitments in Asia Cup with a hat-trick of victories.
The inclusion of Gill in the squad has raised doubts in the minds of management about who will open the innings for their side, along with left-hand batter Abhishek, in the tournament.
Red Square and VDNKh easily rank among the most striking places I've visited -- both for their historical significance and architectural splendour.
My admiration for Russian culture, vision and ambition grew with every step as I clocked the miles, Nitin Sathe tells us after a visit to Moscow and St Petersburg.
'If the near-term economic pain is absorbed more by those who have the ability and the financial strength to do so, then small and medium enterprises in downstream industries will emerge stronger from the trade imbroglio.'
Anand alleged he was then slashed and stabbed with the machete on his shoulder and back.
World Junior champion Pranav Venkatesh scored a crushing victory over Grandmaster Alan Pichot of Spain to win the Fujairah Global Superstars chess tournament.
OTT users have crossed the 600 million mark which is around 41 per cent of India's population.
As India gears up to face Oman on Friday, September 19, at the Dubai international stadium, the focus returns to cricket.
The comedy is unfunny, the emotional bits are dubious and the music forgettable in Heer Express, observes Deepa Gahlot.
Jatinder Singh has played 61 ODIs and 64 T20Is for Oman.
The Enforcement Directorate has summoned Shikhar Dhawan on Thursday for questioning in an alleged illegal betting app-linked money laundering case.