From the Sensex basket, Bajaj Finance, Mahindra & Mahindra, HDFC Bank, JSW Steel, Maruti, Wipro, Bharti Airtel, Bajaj Finserv, ICICI Bank and ITC were the major gainers. Nestle India, HCL Technologies, Larsen & Toubro, Tata Consultancy Services, Tata Motors and Infosys were among the laggards.
When he received his maiden call-up to India's T20I squad for the tour of Zimbabwe, 21-year-old Andhra all-rounder Nitish Reddy felt he has achieved only 50 percent of his goal to make his "Nanna" proud.
Going by the RBI directive and the overall narrative, Paytm may have lost the rigour of stress tests, audits and compliance.
The absence of criminal legal treaties between India and tax haven nations have been cited by probe agencies working in the SIT on black money as one of the major impediments in initiating steps to bring back illegal funds stashed abroad by Indians.
Severe skilled, unskilled shortage threatens to pull emergency brakes on India's industrial engine.
Despite the robust growth in this country, Apple's India share in its overall global sales remained modest -- constituting 1.5 per cent of its overall turnover of $389 billion in FY23.
India's gold and silver imports from its free trade agreement (FTA) partner UAE have skyrocketed 210 per cent to $10.7 billion in 2023-24 and there is a need to potentially revise the concessional customs duty rates under the pact to mitigate the arbitrage driving this surge, a report said on Monday. Economic think tank Global Trade Research Initiative (GTRI) said this sharp rise in gold and silver imports is primarily driven by import duty concessions granted by India to the UAE under the India-UAE Comprehensive Economic Partnership Agreement (CEPA).
When journalism is destroyed, what is destroyed is a common man's weapon against the might of the establishment, notes Sumit Bhattacharya.
Tamil Nadu Governor R N Ravi has given his assent to a bill banning online gambling which was adopted in March by the state assembly for a second time, official sources said on Monday.
Slowly but surely, the game of cricket is changing character. Just that we are unwilling to see the writing on the wall, observes Indrajit GuptaWhy does Indian cricket find itself on a slippery slope?, Indrajit Gupta asks.
'He never had a negative thought in his mind, he was supremely confident.' 'He always stuck to his natural game, he never moved away from that.'
The edtech major promised a learning revolution, offering hope to millions of under-educated youth. Now, those dreams are shattered, observes Devangshu Datta.
'No commercial bank will be allowed to fail. There is nothing to worry about.'
'I tell those in their 20s that age is on their side and they should start exercising early.' 'Just like investing in good stocks, if they start early, they will get the multiplier effects of being healthy, fit and strong later in life.'
'I believed that no matter what happened, I would be there to take care of him.' 'He believed it too and even when he fell ill, he had total faith in me, ki main sab theek kar doongi.' 'I tried, I really tried, but I fell short and he went away.'
'Everyone knows there is no point in contesting elections from Gujarat as a Congress candidate because they know they will be wiped out.'
Titan Company, Axis Bank, NTPC, Tata Motors, ITC, Tech Mahindra, Bajaj Finserv, ICICI Bank, HDFC Bank and Bajaj Finance were the other laggards. Bharti Airtel, Power Grid, Infosys and Larsen & Toubro were among the gainers.
May offers a mix of original Web series and digital movie premieres on OTT.
In business too, losing finalists really get nowhere, get nothing. It is purely 'winner takes all', observes Sandeep Goyal, managing director, Rediffusion.
Following the end of the grandfathering period given to India Inc to replace their independent directors who had already served for 10 years, certain companies have come up with unique ways to replace the old guard.
The Budget should use the extra RBI surplus to better effect, suggests A K Bhattacharya.
The government's step could push investors to choose riskier equity, or to fall back on bank deposits, thereby negatively impacting the debt market which actually needs to grow, points out T N Ninan.
Snapping a six-day losing run, equity indices settled in the green after a highly volatile session on Monday, with the Sensex climbing 237 points amid positive cues from European markets. The BSE benchmark gained 237.42 points or 0.46 per cent to settle at 51,597.84. During the day, it hit a high of 51,714.61 and a low of 51,062.93.
On balance, RG contesting from Raebareli instead of Amethi isn't the masterstroke the party's adherents are touting it to be, but neither is it the blunder the BJP and its tame media is framing it as, points out Prem Panicker.
'I hope that Macho Man agrees to debate her, because I think she will do spectacularly well in the debate.'
The amazing excuses given by people who don't invest their money abound, but you would be wise to ignore them. Excuses won't help you get ahead; they can only hold you back from the retirement you deserve, says financial planning advisor P V Subramanyam
'The Congress government is on its way out in Himachal Pradesh.'
In mid-March this year, the finance ministry asked state-run banks to review their gold loan portfolio for the two-year period between January 1, 2022, and January 31, 2024. This business had grown at a fast clip. Reserve Bank of India (RBI) data has it that it grew 15 per cent to Rs 1 trillion in FY24. Now, in recent times, any kind of exuberance in financial services has seen the authorities swoop down - be it pushing the lines on governance or unsecured credit.
Among the Sensex constituents, 18 stocks closed in negative with UltraTech Cement, L&T, Bharti Airtel, Bajaj Finance and Tech Mahindra being major laggards. Other heavyweights like Asian Paints, Maruti, Titan and JSW Steel also saw heavy selling. In contrast, Kotak Mahindra Bank, Bajaj Finserve, HDFC Bank, ITC and SBI bucked the trend and ended the session with a gain of up to 2.09 per cent.
A few years ago, when top officials of Indian state-run refiners went to Dubai to negotiate a crude oil supply contract, a senior official from state-owned Saudi Aramco told them, "We can negotiate on anything, but I am the last man standing for you. "Nobody can offer the range of crudes we do with certainty," an official who was part of the negotiating team recalls. Perhaps that explains why Saudi Arabia is less concerned about losing its place as India's premier oil supplier to an upstart like Russia, which emerged from nowhere to become India's biggest crude oil supplier in September and October.
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.
Bajrang Punia has been handed a provisional suspension for refusing to give his sample for dope test during the recent trials.
Among Sensex firms, HDFC Bank climbed more than 2 per cent. TCS, Maruti, Infosys, Reliance Industries and Bharti Airtel were among the major gainers. State Bank of India, JSW Steel, ITC, Tata Motors, UltraTech Cement and Nestle were among the laggards.
Anil Agarwal-owned Vedanta Resources (VRL), which has hired Standard Chartered Bank to raise funds for its Konkola copper mine assets, says it is engaging with several potential partners for both short-term funds and long-term equity financing for the Zambian project. A Vedanta official said its commitment to optimising capital allocation and driving expansion is a key cornerstone of its strategy for the mines. It will enhance value creation and operationalise the Konkola Copper Mines (KCM).
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.
'Due to the fear caused by the Byju's crisis, several employees have chosen to take up entry-level jobs in firms other than edtech.'
The Congress on Sunday hit back at Prime Minister Narendra Modi over his 'redistribution of wealth' remarks targeting the party, saying after facing 'disappointment' in the first phase of Lok Sabha polls, the PM has now resorted to 'lies' and 'hate speech' to divert people from the real issues.
The combined market capitalisation of Adani Group companies fell by Rs 54,876 crore, to Rs 10.92 trillion, as investor sentiment turned bearish on Wednesday. Shares of Adani Transmission fell by 7.7 per cent to close at Rs 886 while those of Adani Power lost 7.1 per cent to end the day at Rs 323. The stock of Adani Enterprises, the flagship company of the group, lost 6.2 per cent to finish at Rs 2,530.
Surprisingly, the BJP's nearest rival in ad spend was not the Congress, but the Bharat Rashtra Samithi.
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