India Ratings principal economist Sunil Kumar Sinha said the Brexit is a mixed bag for the country.
Kolkata Knight Riders players and support staff had their first hangout at the team hotel in Abu Dhabi on Monday evening after spending more than a week in quarantine in their hotel rooms.
C Vijayakumar, the reticent chief executive of HCL Technologies, India's third-largest IT services firm, was recently appointed managing director, succeeding the founder, Shiv Nadar. Back in October 2016, when CVK, as he is popularly called within and outside of HCL, was named CEO, it had been somewhat of a surprise - his elevation being the result of his predecessor, Anant Gupta, suddenly stepping down to "pursue personal interests". CVK, 53, has since taken the firm from under $7 billion to over $10 billion in revenue.
Direct economic stimulus measures such as tax cuts for individuals and industry would have helped to prop up the Indian economy which was hit hard by the lockdowns across several states in India, say economists and corporate leaders. While the measures announced on Monday are focussed more on the supply side, these steps would take a lot of time to move the needle for the economy.
Varun Chakravarthy, a mystery spinner, capped off what was a memorable day for him in the Indian Premier League by getting photographed with MS Dhoni.
Here is a list of famous names from India as well as the world which are included.
Agriculture activity, according to recent channel checks by Prabhudas Lilladher, is expected to continue at a strong pace in FY22.
Set a near impossible victory target of 490 on a track that is offering help for the spinners, Jharkhand were 28 for one in their second innings with two full days' play left and 462 runs to get.
Inflation in onion continued to rule high at 42.22 per cent and in potato at 43.25 per cent.
India A conceded a slender 47-run first-innings lead to the West Indies A despite a fighting half-century by Uday Kaul on the third day of the second unofficial Test in Shimoga.
India's industrial production grew by 1 per cent in December, official data showed on Friday. According to the Index of Industrial Production (IIP) data, the manufacturing sector output grew by 1.6 per cent in December 2020.
Yuvraj Singh breezed his way to a 56-ball 84 and gave the national selectors another timely reminder of his worth, even as Abhishek Nayar slammed a 39-ball 75, to take India Blue to the final of the NKP Salve Challenger Series with a 11-run win over India Red in Indore on Friday.
At over 6 per cent, most states in October had inflation rates above the Reserve Bank of India's target band of 2-6 per cent.
'Sometimes we arrange a Zoom call just for him to say hello to the players, that's about it.' 'But otherwise, no, no direct talk, it's never happened, even in a normal year.' 'After the game, you win, you lose, SRK is there to encourage the team, give them hugs.'
GST collections in March touched a record high of over Rs 1.23 lakh crore, a 27 per cent growth over the year-ago period, the Finance Ministry said on Thursday. "GST revenues crossed above Rs 1 lakh crore mark at a stretch for the last six months and a steep increasing trend over this period are clear indicators of rapid economic recovery post pandemic," the ministry said. Closer monitoring against fake-billing, deep data analytics using data from multiple sources including GST, income tax and customs IT systems and effective tax administration have also contributed to the steady increase in tax revenue over last few months, it added.
Inflation print for food articles, as a basket, remained nearly flat at 7.47 per cent during the month.
Economists, however, caution against interpreting the data as a broad-based revival
Costlier vegetables and eggs pushed up retail inflation to a nearly six-and-a-half year high of 7.61 per cent in October, keeping it significantly above the comfort zone of the Reserve Bank.
Govt squeezed capital expenditure, and also cut revenue expenditure, that does not go into creating assets, by 11% in H1
Build up inflation rate in the financial year so far was 2 per cent compared to a build up rate of 4.56 per cent in the corresponding period of the previous year. Inflation in food articles as a group rose to 11.08 per cent during the month as against 9.80 per cent in the previous month, mainly driven by exorbitantly high onion prices, the rates of which spiked by over 172 per cent from a year-ago. The annual rate of inflation, based on monthly wholesale price index was at 0.16 per cent in October.
Infra segment, refinery product impacted the most, even as contraction narrows in latest month.
Retail inflation remained above the RBI's comfort level for the second consecutive month despite slipping slightly to 6.26 per cent in June while the factory output recorded a growth of 29.3 per cent in May, mainly on account of the base effect, the government data showed. The marginal slippage in the Consumer Price Index (CPI)-based inflation was noticed despite little firmness witnessed in the food inflation which inched up to 5.15 per cent in June from 5.01 per cent a month ago. Retail inflation based on Consumer Price Index (CPI) was 6.3 per cent in May 2021 and 6.23 per cent in June 2020.
Check out the Rajasthan Royals squad for the eighth edition of the Indian Premier League.
The deficit for the first five months of the year stood at 96 per cent of the full-year target of Rs 5.46 lakh crore despite cut in capital expenditure in August.
'Those who worked with him or came to know him rated him as one of our best, with a sharp intellect, unfailing courtesy and ready wit.' Ambassador T P Sreenivasan fondly remembers Ambassador B S Prakash, wonderful human being, unusual diplomat and long-time Rediff.com columnist, who passed away into the ages on Monday, October 4, 2021.
A summary of Wednesday's play in the Ranji Trophy Super League matches.
Veteran pacer Zaheer Khan's sensational three-wicket burst helped India 'A' crush West Indies 'A' by an innings and 54 runs in the third and final unofficial Test to level the three-match series, in Hubli.
'The players all appreciate -- we all appreciate -- the fact that despite the pandemic and the restrictions, because of all of this protocol that has been put in place, the IPL season is still happening.'
Chennai Super Kings, Kolkata Knight Riders and Delhi Capitals confirmed that they are preparing a roster of net bowlers.
Moody's listed six agenda on the list of pending reforms -- land acquisition Bill, labour law reforms, significant infrastructure investment, tangible benefit from Make in India initiative, tax administration and PSU bank reforms
Kolkata Knight Riders batsman Rinku Singh believes no one can match the big-hitting prowess of the explosive Andre Russell, whom he termed as the 'world's best all-rounder'.
Former India opener Gautam Gambhir believes his former IPL franchise Kolkata Knight Riders doesn't have enough back-up options and the team management could have gone for all-rounders in the players' auction to provide the squad more depth. Gambhir said KKR don't have the bench strength to deal with any injury crisis in the top order.
In Thursday's IPL auction in Kolkata, his base prize was Rs 30 lakh but eventually was sold for Rs 4 crore to Kolkata Knight Riders.
Inflation in 'fuel and power' basket rose sharply to 11.22 per cent in May from 7.85 per cent in April as prices of domestic fuel increased in line with rising global crude oil rates.
Ajinkya Rahane and his Mumbai teammate Suryakumar Yadav went under the hammer for Rs 7 lakh each.
The wholesale price-based inflation accelerated to a record high of 12.94 per cent in May, on rising prices of crude oil and manufactured goods. Low base effect also contributed to the spike in WPI inflation in May 2021. In May 2020, WPI inflation was at (-) 3.37 per cent. This is the fifth straight month of uptick seen in the wholesale price index (WPI)-based inflation. In April, 2021, WPI inflation hit double digit at 10.49 per cent. "The annual rate of inflation, based on monthly WPI, was 12.94 per cent for the month of May, 2021 (over May, 2020) as compared to (-) 3.37 per cent in May 2020.
The record contraction in the growth rate of eight core sectors will have its impact on IIP.
Justice Rajiv Shakdher, who was hearing a plea by Bollywood producers seeking to restrain them from making irresponsible remarks, listed the matter before the Joint registrar for January 18 for completion of pleadings and admission/denial of documents.
It's a difficult time for banks both at home and abroad. But Sanjay Nayar, Chief Executive Officer, Citi India, shrugs off Citigroup's problems in the US saying they haven't really impacted the Indian operations. Nayar admits there have been a few problems with the consumer finance business but tells Business Standard that Citi's India operations are well-positioned to see double digit growth over the next few years.
