Moody's Ratings on Thursday raised India's GDP growth forecast for FY24 to around 8 per cent from 6.6 per cent on the back of strong domestic consumption and capital expenditure. The estimate comes a day after RBI Governor Shaktikanta Das said the economic growth in the current financial year could be close to 8 per cent in view of the third quarter GDP data released by the government. The latest estimate of Moody's is about 140 basis points higher than the earlier projection of 6.6 per cent made in November 2023.
India has voiced hope that Palestine's bid to become a full member of the United Nations, which was blocked by the United States last month, will be reconsidered and its endeavour to become a member of the world organisation will get endorsed.
Stocks in the automotive, financial, cement, metal, and hotel sectors are likely to benefit if the Narendra Modi-led Bharatiya Janata Party (BJP) comes back to power for a third time. The key investment themes have been identified after analysing the Sankalp Patra - the party's manifesto for the next five years - released on Sunday.
More than half (56 per cent) of chief economists expect the global economy to weaken in 2024, with most saying the pace of geo-economic fragmentation will accelerate, according to the latest "Chief Economists Outlook" released on Monday at the World Economic Forum (WEF). The report indicates that the global economic prospects remain subdued and uncertain. Challenges include tight financial conditions, geopolitical rifts, and the rapid development of generative artificial intelligence (AI).
Get your lowdown on what's going on in the world of Bollywood right here.
Bangladesh was the largest source of foreign tourists, accounting for 21.4 per cent of all arrivals.
This comes after it was reported that the hospital has been facing repeated attacks.
'The real issue between India and China is that the Chinese have transgressed along the Line of Actual Control at multiple points.'
Everyone's curious about Karan Johar's latest love story Rocky Aur Rani Kii Prem Kahaani.
The data also showed that the state stood third in cases of murder (at 2,295) after Uttar Pradesh and Bihar in 2022, and ranked fourth in rape cases (at 2,904) after Rajasthan, Madhya Pradesh and Uttar Pradesh.
A Good Day To Die Hard is set for release on February 22, 2013.
If the Congress is contesting fewer seats than ever before, the BJP is set to contest its highest-ever number of Lok Sabha seats.
Among the Sensex firms, JSW Steel, Titan, Tata Steel, Sun Pharma, Reliance Industries, Bharti Airtel, Tata Motors and HDFC Bank were the biggest gainers. NTPC, Tech Mahindra, Maruti, State Bank of India and Larsen & Toubro were among the laggards.
'This is going to generate a new debate on reservation because the quota for Economically Weaker Sections is 10%, and that is for nearly 16% of the population.' 'For 16% you are giving 10%. This is set to raise eyebrows among the OBCs after the caste survey.'
'I am a spontaneous actor. I follow what works for the character.'
Nicholas Pooran, Jason Holders and Kyle Mayers have declined to join the West Indies roster for the 2023-24 season.
With tailwinds of strong operational performance and favourable market conditions, InterGlobe Aviation on Wednesday reported a record profit after tax of Rs 3,090.6 crore in the three months ended June. The parent of the country's largest airline also reported its highest-ever quarterly total income of Rs 17,160.9 crore in the first quarter of the current fiscal, according to a release. The carrier, which had 316 planes in its fleet at the end of June 2023, had registered a loss of Rs 1,064.3 crore in the 2022 June quarter.
The station house officer of Daryaganj police station has withdrawn an order asking offices, shops, vehicle parking, DTC depot etc in the area to remain shut during the G20 Summit.
India's unemployment rate fell to a six-year low of 3.2 per cent in the July-June 2022-23 period, down from 4.1 per cent in the same period the previous year, according to the latest annual Periodic Labour Force Survey (PLFS) report. The report, released by the National Statistical Office (NSO) on Monday, showed a decline in unemployment rates in both rural and urban areas during the 2022-23 period to 2.4 per cent and 5.4 per cent, respectively, from 3.2 per cent and 6.3 per cent in the 2021-22 period. The unemployment rate for rural women (1.8 per cent) was lower than that for rural men (2.7 per cent) in 2022-23; in urban areas, the rate was higher for females (7.5 per cent) compared to males (4.7 per cent).
Film folk watch Friday's latest release.
Ramdev and Balkrishna have tendered an "unconditional and unqualified apology" before the apex court over advertisements issued by the firm making tall claims about the medicinal efficacy of its products.
India has strongly rejected comments by United Nations experts on Manipur, terming them 'unwarranted, presumptive and misleading' and asserting that situation in the Northeast state is peaceful.
The stars make their presence felt at the sixth edition of the Lokmat Most Stylish Awards 2022.
There are hundreds of fan clubs -- in Jalgaon, Beed, Chennai, Kolkata, Akola, Yavatmal, Bengaluru, Sitamarhi, New York, Canada, Nigeria etc. Every Indian city/town or a major country has a fan club for the man whose fan base has been estimated at 3.5 billion by Time Magazine.
Fresh formal job creation cooled for the second consecutive month to decline to a six-month low in September, signalling a downturn in the labour markets this financial year. The number of new monthly subscribers under the Employees' Provident Fund (EPF) declined by 6.45 per cent to 891,583 in September from 953,092 in August, shows the latest payroll data released by the Employees' Provident Fund Organisation (EPFO). Besides, the net payroll additions -- calculated by taking into account the number of new subscribers, the number of exits, and the return of old subscribers -- increased by 14.9 per cent to 1.72 million in September from 1.49 million in August.
The development came barely two days before the Supreme Court was to hear the matter related to her detention. The Deputy Commissioner ordered that the PSA has been revoked with immediate effect. Her detention period had been extended for a period of three months on July 31 this year.
Telecom regulator TRAI on Tuesday released a detailed consultation paper to discuss threadbare the modalities for auction of spectrum across multiple bands, including pricing, quantum and other conditions -- preparing the groundwork for 5G auctions slated for next year. Trai's comprehensive consultation paper runs into 207 pages and throws up 74 questions for industry-wide discussion, touching on crucial aspects like valuation and reserve price of spectrum, including 5G, quantum of spectrum, block size, eligibility conditions for participation in auction, roll-out obligations, spectrum cap, and surrender of spectrum. Norms will also be worked out for new frequencies such as 526-698 MHz and millimetre band, that is 24.25 - 28.5 GHz, in addition to bands such as 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz, 2500 MHz, 3300-3670 MHz.
Florida Governor Ron DeSantis has signalled that he would largely bypass the New Hampshire primary next week and instead would focus on South Carolina where the Republican presidential primary is scheduled for February 24.
The Hrithik ROshan starrer is set to release in October this year.
The home loan top-up, a kind of secured multipurpose personal loan, is on the regulator's radar, points out Tamal Bandyopadhyay.
Ghanwat, also a senior leader of Shetkari Sangathan, said he will mobilise one lakh farmers and bring them to Delhi in the next couple of months demanding farm reforms.
Uttarakhand saw the sharpest decline (of 11 per cent) in the "total persons engaged" in manufacturing in the worst-hit pandemic year of 2020-21 as industrial units shut shop, according to the latest Annual Survey of Industries (ASI) data, released by the Ministry of Statistics and Programme Implementation (MoSPI). This was followed by the decline in the workforce in states such as Jharkhand (8.9 per cent), West Bengal (8.3 per cent), Kerala (8 per cent), and Karnataka (7.8 per cent). The "total persons engaged" in an enterprise is defined as the sum of directly employed workers, supervisory or managerial workers, and the unpaid family members who might be engaged in the enterprise.
Of the eight RBI governors who have held office since the 1991 economic liberalisation, Bimal Jalan had the longest stint and S Venkitaramanan, the shortest. Current Governor Shaktikanta Das will overtake Bimal Jalan before completing his second term in December, points out Tamal Bandyopadhyay.
The cyclone will make a landfall at around 9:00 pm to 10:00 pm on Thursday
The quality of employment has deteriorated in 12 of the 21 major states and Union Territories, as the proportion of workers in regular or salaried jobs declined between July 2022 and June 2023 compared to the previous year, according to a Business Standard analysis of the latest Periodic Labour Force Survey (PLFS) released by the National Statistical Office. Assam experienced the most significant decline in the share of workers in salaried work, dropping by 8.7 percentage points to 10.8 per cent in the July 2002-June 2023 period from 19.5 per cent in the July 2021-June 2022 period. This was followed by Delhi (6.2 percentage points), Uttarakhand (5.2 percentage points), and Chhattisgarh (1.6 percentage points).
The incident took place in San Mateo on Monday, the police were quoted as saying by the the report.
The first half of 2023 has ended on a satisfying note, what with the latest Bollywood release, Satyaprem Ki Katha, doing well in its opening extended weekend of four days.
Pannun, the self-proclaimed general counsel of "unlawful association" SFJ, released the video messages on social media platforms on November 4.
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