'No commercial bank will be allowed to fail. There is nothing to worry about.'
Chris Jordan, who previously had an increment deal, was not awarded a contract of any kind, despite being England's leading wicket-taker of all time in men's Twenty20 Internationals.
The global billionaires list witnessed as many as 94 new entrants from India, stated a report by Hurun India on Tuesday. Following a net addition of 84, the country's billionaire tally touched 271 with their combined wealth at $1 trillion, noted the report. Mukesh Ambani, chairman & managing director of Reliance Industries, is the only Indian to make it into the top 10 of the Hurun Global Rich List 2024, a ranking of billionaires in US dollar terms.
In business too, losing finalists really get nowhere, get nothing. It is purely 'winner takes all', observes Sandeep Goyal, managing director, Rediffusion.
SSL said in a January 12 statement that it had become aware of fraudulent activity by a former employee and has referred the matter to law enforcement, adding that it had taken steps to secure assets and strengthen protocols.
India can sustain 8 per cent annual GDP growth and the conducive macroeconomic configuration may become a launching pad for a step-up in the country's growth trajectory, said an article on the 'State of Economy' in the central bank's March Bulletin published on Tuesday. Over the period 2021-24, gross domestic product (GDP) growth has averaged above 8 per cent. The global economy is losing steam, with growth slowing in some of the most resilient economies and high frequency indicators, pointing to further levelling in the period ahead, said the article authored by a team led by RBI Deputy Governor Michael Debabrata Patra.
The state with the most people has displaced the state with the largest economy in terms of investor additions. Uttar Pradesh (UP) added 126,000 new investors in April, reveals National Stock Exchange (NSE) disclosures. This is higher than Maharashtra's 118,000. Maharashtra, which is home to India's financial capital of Mumbai, has traditionally been the biggest source of investors.
2019 was the Bharatiya Janata Party's breakout year, when it stretched the boundaries of what was thought possible and ended up with 303 seats on its own steam. Now it is forced to play defence, on a pitch queered by too many variables, asserts Prem Panicker.
If the party's members aren't sure what it stands for, see no path to wealth or power, and endure control by a dynasty, which, almighty as it is within the party, cannot get them the votes, they are likely to explore options, notes Shekhar Gupta.
Janata Dal-Secular leader H D Kumaraswamy said that his party is expected to take a "hit" in up to 25 assembly segments, where it had chances of winning, due to financial crunch, in the Karnataka elections held on Wednesday.
Do you have financial planning queries? Ask rediffGURU Anil Rego.
Sales growth of entry-level cars or hatchbacks like WagonR and Alto have seen a decline during the past few years due to changing consumer preference. Maruti Suzuki chairman R C Bhargava had on October 28 said that he does not expect hatchback unit sales to grow in the fourth quarter (Q4FY23) or in the next fiscal year.
'When you're attempting a genre such as action with two big action heroes, your film needs to look and feel a certain way, which was very difficult to achieve.'
In a relief to academic-activist Shoma Kanti Sen, arrested in June 2018 in connection with the Elgar Parishad-Maoist links case, the Supreme Court on Friday granted her bail while taking cognisance of the "composite effect" of the delay in framing charges coupled with her prolonged detention.
Akash Deep had just finished his spell and was manning the boundary when he heard everyone in the Bengal dressing room clapping in unison and congratulating him.
Grandmaster D Gukesh threw one salvo after another to beat world No. 1 Magnus Carlsen of Norway, Levon Aronian of Armenia and eventually reigning world champion Ding Liren of China on the first day of the Weissenhaus Chess Challenge that got underway in Wangels (Germany).
Have the markets already played out their dynamics before the economy has even properly taken off? Are we now destined for a period of mediocre returns despite a strong economy? asks Akash Prakash.
'If you look at assets truly working for us, you should look at Aakash and Great Learning.'
The revamped Special Economic Zone (SEZ) law is unlikely to see the light of the day before the upcoming Lok Sabha elections, two people aware of the matter said. The commerce department had sought the Union Cabinet's nod to bring amendments to the existing SEZ Act, 2005 late last year. The plan, thereafter, was to introduce the Bill in the winter session of Parliament. Cabinet's approval remains pending.
The Pakistan cricket fraternity showered the Indian team with praise for their incredible run to the final of the ODI World Cup, with the legendary Wasim Akram saying their cricket "is in a good place" despite the loss to Australia in the title clash.
Running out of money, the 31-year-old also had to cut down on the "quality and quantity" of his meals.
'Laws have been used in a way to serve the needs of the current regime and its authoritarian ideology.'
Pressure is on India, Pakistan have nothing to lose: Shoaib Akhtar on India-Pakistan World Cup clash
'You treat me like eye candy and I will leave you like you're a wrapper.'
While taking gold out of the closet to borrow money is no longer taboo in Indian households, the sharp drop in gold prices is hitting the newest loan product on the banking turf hard, explains Tamal Bandyopadhyay.
Indians are more vulnerable to technology support-related scams compared to the global average, and lost over Rs 15,000 on average in such scam, a Microsoft research has found. According to the 2021 Global Tech Support Scam Research report, which looks at tech support scams and their impact, consumers in India experienced a relatively high scam encounter rate of 69 per cent during the past 12 months, close to the 70 per cent rate experienced in 2018. In contrast, there was an overall five-point drop in scam encounters globally with a rate of 59 per cent over the same period. The survey was conducted in Spring 2021 and asked consumers to share their experiences with tech support scams for the year prior (January 2020 to present).
Start-ups don't care that mad-money funding comes to a hard stop after an IPO, observes Debashis Basu. As a listed entity, corporate actions have to take the interests of all shareholders, especially minority shareholders, into account. So far, we are not seeing any sign of it, observes Debashis Basu.
West Asian carriers are up against Air India and IndiGo in the battle for seats on lucrative international routes.
'Indians are basically liked because they are educated, they are intelligent.'
Crisis-hit SpiceJet plans to hand out pink slips to at least 1,000 employees in the coming days as the airline works to significantly reduce costs and streamline operations of its depleted aircraft fleet, officials said on Monday. Faced with financial woes, legal battles and other headwinds, the no-frills carrier might ask more staff to leave as there is excess manpower now compared to the number of planes in service. A final decision on the quantum of layoffs is expected this week, one of the officials in the know said.
Kidambi Srikanth progressed to the men's singles second round with a stunning win over Chinese Taipei's Chou Tien Chen.
With nothing to lose on the eve of his final international outing, Dean Elgar didn't hold back while expressing his disgust about Cricket South Africa sending a third-string squad to New Zealand under an uncapped captain just because the series is coinciding with the cash-rich SA20.
From taking charge of Jharkhand as its youngest chief minister at 38 to establishing himself as a 'fighter' for tribal rights, Hemant Soren, who was arrested by the Enforcement Directorate, is an accidental leader thrust into politics after a family tragedy.
'Modigate is snowballing into a huge thing with the electorate. The BJP is in for huge punishment by the electorate.'
Ranji Trophy winners, who currently get a cheque of Rs 2 crore, will be receiving Rs 5 crore, while the runners-up and losing semi-finalists will get Rs 3 crores and Rs 1 crore respectively.
He said law enforcement agencies are cracking down on those involved in recruitment for terrorist groups as well as narcotic dealers and smugglers.
The new president of MCC Mark Nicholas wants the ODI format to be played exclusively in the World Cup in a bid to protect the format that is losing its importance and the rise of T20I format over the period of time.
Stories of friendship, former life and fights against the system dominate the OTT this week. Sukanya Verma lists her recommendations.
Recent RBI data indicates net addition of credit cards is running strong at 18 per cent year-on-year (Y-o-Y), but growth in credit card limits is ahead of loans outstanding. Growth in lower limit cards is decelerating fastest. The West and South have more usage and online transactions are more popular than offline, with metros leading growth.
Congress president Mallikarjun Kharge on Monday expressed apprehension that the 2024 Lok Sabha elections would be the last opportunity for the people to save democracy, as Prime Minister Narendra Modi might prefer dictatorship in case his party wins the upcoming polls.
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