Inflows into gold exchange-traded funds (ETFs), which manage a total of Rs 37,390 crore, have surged sharply in recent months. This trend is likely to continue, especially after the reintroduction of long-term capital gains tax (LTCG), which is likely to attract smart money into mutual fund offerings amid a robust outlook for the yellow metal. Smart money, also known as opportunistic flows, refers to strategic investments that are generally of a short-term horizon.
Maruti Suzuki India's net profit surged 80.3 per cent to Rs 3,716.5 crore in the September quarter, driven by better sales, softening commodity prices, cost reduction efforts and higher non-operating income. The company had delivered a net profit of Rs 2,061.5 crore in the year-ago period, Maruti Suzuki India said in a statement on Friday. Maruti said it is expecting the affordability of small cars in the domestic market to come back in the next 2-3 years in the face of rising income levels of people and a growing economy, among others.
The Indian players got down to business on Friday with an intense session in the nets under the watchful eyes of head coach Gautam Gambhir.
Snapping the two months slide, the country's merchandise exports rose marginally by 0.5 per cent to $34.58 billion in September while trade deficit narrowed to $20.78 billion. According to official data released on Wednesday, imports increased by 1.6 per cent to $55.36 billion in September compared to $54.49 billion in the year-ago period. The trade deficit, or the gap between imports and exports, was $20.8 billion during the same month last year.
'In the case of a road accident, prevention is the only answer.' 'There's no cure to death or disability when the accident happens, and when it's due to reckless or negligent driving, it's worse because it's avoidable.'
Antonio Watson won a thrilling World Championship 400 metres gold on Thursday.
Mariya Kuchina won thewomen's high jump with a clearance of 2.01 metres on Saturday to become Russia's second gold medallist at this world championships. The 22-year-old from Moscow had a blemish-free card to that height, her lifetime best performance.
Rohan Bopanna and Sumit Nagal have secured their Paris Olympics 2024 quotas for India
The gigantic Stade de France resembled a concert hall hosting a party to celebrate the fortnight of sporting excellence as the breathtaking Closing Ceremony of the Paris Olympics kicked-off with athletes marching into the iconic stadium to thunderous applause in Paris on Sunday.
'Historically, there hasn't been much representation around para-athletes from a brand perspective.' 'With their best medal tally in Paris, it has triggered considerable organic interest.'
Asked to board the flight for the Asian Games despite some family members reportedly missing in the wake of the Kerala floods, debutant long-jumper M Sreeshankar said he can finally focus on the job at hand after his grandfather and uncle were traced.
Confident of beating the best of today even at 52, world record-holding long jumper Mike Powell has announced that he would try to qualify for this year's Olympic Games.
Images from the English Premier League matches played on Sunday night.
Notwithstanding protests by the opposition Bharatiya Janata Party, he said the first session of the newly elected Jammu and Kashmir Assembly is "short in duration but historic in terms of agenda".
'We think life will also have a happy ending, but for some people, it is not a happy ending... especially the victims and their family of any crime.'
IMAGES from the South American World Cup qualifiers played on Tuesday.
Following David Warner's retirement from Tests, Steve Smith opened the batting for Australia in series against West Indies and New Zealand.
Adani Ports, NTPC, Infosys, Hindustan Unilever, HCL Technologies and Sun Pharma were among the other big gainers. However, Larsen & Toubro, Bajaj Finance, State Bank of India, Axis Bank and HDFC Bank were amonh the major laggards.
Another trend: A preference for coloured diamonds among brides, who are pairing them with their groom's birthstone. So, along with yellow or white diamonds, they are choosing pink, green, blue sapphires, emeralds or red rubies.
The stock of Crompton Greaves Consumer Electricals has shed about 12 per cent since the start of the month due to a muted near-term outlook. Demand slowdown across segments and pre-buying in cooling products in the June quarter are expected to weigh on revenues going ahead. In addition to pre-buying in the preceding quarter, demand conditions are soft on account of lower consumer spending due to inflationary conditions, weakness in rural demand and the fact that Q2 remains a soft quarter after a strong summer.
The Athletics Federation of India (AFI) on Monday said it has sacked long jumper M Sreeshankar's coach, his father S Murali, owing to the youngster's disappointing Tokyo Olympics performance.
The recent blip in housing sales on a quarter-on-quarter (Q-o-Q) basis should not worry investors as the long-term prospects of real estate stocks remain on a strong foundation, according to analysts. In the first half of the calendar year 2024 (H1CY24), realty stocks surged up to 104 per cent. This sharp run should be used to book partial profit in related stocks, suggested Deepak Jasani, head of retail research at HDFC Securities.
Several persons fainted and emergency workers carried them in stretches and provided care in shelters. Over 30 people were rushed to nearby government hospitals with symptoms of dehydration.
The Zika virus outbreak in Brazil has led Britain's Greg Rutherford to have his sperm frozen before heading out to defend his long jump title at the Rio Olympics.
Britain's Dan Evans beat Russian Karen Khachanov in the longest ever US Open match of the professional era on Tuesday.
the silver lining is that the men's 4x400m relay team is set to qualify for the World Championships as it is placed at 14th out of 16 to make the cut.
Meanwhile, Amlan Borgohain of Assam and Jyothi Yarraji of Andhra Pradesh clinched gold in the 100m events.
Sources in the military establishment also said the present global scenario "necessitates a flexible and adaptive approach" to tackle defence and national security challenges.
'If, as happened in Baramulla during the 2024 Lok Sabha election, the youth in the Valley get triggered enough to jump into the wider fray, the end result would be difficult to predict, especially as the state's post-August 5, 2019 political format remains substantially fragmented and foggy,' points out Mohammad Sayeed Malik, the veteran commentator on Kashmir affairs.
Zeenat Aman had scored more hit songs than any of her contemporaries. This can be attributed partly to happenstance and partly to the fact that her forte for high glamour could be showcased most winningly in a crowd-pleasing number, observes Dinesh Raheja.
Jodhiram Dhurve said he will never be able to forget the accident as he has lost 10 members of his family.
The Joy and Drama of Track and Field at the Olympics.
Star Indian long jumper Murali Sreeshankar has undergone a surgery on his injured knee that ruled him out of the Paris Olympics in July-August.
Here's your complete guide to when India's athletes compete at the Paris Olympics, with dates, events, and timings in IST.
'BJP and RSS may have differences over minor issues but their hearts long for one common aim -- that of A Hindu Rashtra.' 'And this time to prove this point the RSS has prepared to help BJP win this election with all its might.'
'My primary point was where is the Mamata Banerjee who jumps and reaches out, starts talking directly and starts solving over the heads of the bureaucracy.'
Some people are remembered for their great feat. But, there are some like these who enter record books for the sheer oddity. On the occasion of 60th-anniversary edition of the Guinness World Records book, here are some of the latest additions to the oddball hall of fame.
IMAGES from Day 3 of the second Test between England and Sri Lanka, at Lord's, on Saturday.
Following is India's schedule at the Asian Games in Hangzhou on Sunday, October 1.
A World Championships gold is the only medal missing in Neeraj Chopra's decorated cabinet and the superstar Indian javelin thrower will fancy his chances.