While it hit the national capital two days before schedule, its entry into the financial capital is two weeks late, the Met office said.
The IMD chief also allayed fears of occurrence of an El-Nino.
Debt mutual fund (MF) schemes, which witnessed relatively muted inflows in the past three years, saw a surge in investor interest in April amid election-induced volatility in the equity markets. Active debt funds garnered nearly Rs 66,000 crore net inflows in April, most at least since December 2020.
The Gautam Gambhir-led Indian team management has an opportunity to decide who among KL Rahul and Rishabh Pant will be India's long-term first-choice wicketkeeper-batter in ODIs
One common mistake investors commit during profit booking is not having a plan for the redeployment of the money that comes into their account.
From highways connecting once-remote regions to aviation networks carrying millions, India's infrastructure story is one of transformation.
'There is some deep rot that has set in the Congress party. This requires an organisational surgery.'
India's financial sector is dominated by large government-owned and private-sector banks.
Shares of public sector enterprises have corrected by up to 22 per cent month-to-date until March 19, 2024. Analysts attribute this steep fall to the valuation exuberance seen after a sharp run in these counters last year and suggest investors remain selective regarding the stocks in this space. "The rally in public sector undertaking (PSU) stocks has been stretched and sharp, although it is somewhat justified by improvements seen in earnings, operations, balance sheets, and overall profitability.
The year 2022 saw the Reserve Bank of India (RBI) start acting on the policy repo rate after a gap of two years. The six-member monetary policy committee of the RBI reduced interest rate sharply - by 115 bps - when Covid-19 struck in 2020. In March 2020, days after the nationwide lockdown was announced, MPC in an unscheduled meeting reduced the repo rate by 75 bps, followed by another 40 bps in May. Status quo was maintained for the next two years since the May repo rate hike.
Maintain a proper record of documents that can act as proof of the cost of acquisition of the property, cost of improvements made to the property, expenses related to transfer of the property (like brokerage and registration charges). These will come in handy in case of a dispute with the taxman.
As the growth figures relate to pre-Covid lockdown period it does not reflect the real picture of distress which unfolded from April onwards in the sector, when acute supply disruption led to sharp drop in prices of many commodities largely perishables impacting farmers.
Nearly 21 per cent of the country has received "deficient" rainfall till July 31, the India Meteorological Department on Monday said.
The third-quarter financials didn't excite market watchers. But equity investors can still make money if they invest in the right stocks.
There is a definite attempt to put the landslides on the backburner because news of them and climate change worry Wayanad's tourism and real estate businesses greatly. Whatever I experienced of Wayanad's 2024 by-elections; the July landslides were not a burning issue, observes Shyam G Menon.
A survivalist's mindset sees Indian batsmen fail again on the first day of the SCG Test.
It is difficult to answer this question in yes or no. Here's Dwaipayan Bose's thorough analyses
'Alongside economic growth and the Asian century, stress has become an Asian caravan.' 'But stress doesn't arrive in one's country as invitation to taste exhaustion. It comes dressed as a challenge.' 'Its evangelists ask: Are you man enough to shoulder stress?' points out Shyam G Menon.
The cost of deposits is on the rise, but banks can't raise interest rate on close to 60% of their loan books, points out Tamal Bandyopadhyay.
July and August are expected to receive 107 per cent and 104 per cent of rainfall
We have Shubman Gill at one end ready to carry on the mantle but what about his partner?
It's still early days, but the southwest monsoon has been nearly 37 per cent 'below normal' in the first seven days (June 1-7) of this month. According to the data furnished by the India Meteorological Department (IMD), between June 1 and June 7, India received 14.5 millimetres (mm) of rainfall, against a 'normal' 23.1 mm. Among places where rains have arrived, monsoon in Kerala in the first seven days has been 48 per cent 'below normal', while in Puducherry, it has been 56 per cent 'above normal'. In Tamil Nadu, rains were 21 per cent 'above normal' between June 1 and June 7.
This interactive maps shows you the rainfall received across India in the months of June and July.
'In the second half of 2024, about 60% of startup jobs will be taken by entry-level candidates with 0-3 years of experience.'
'Chinese are going bang, bang, bang building 30-35 reactors.' 'We should announce a programme of 50 new reactors and show that we mean business on the ground and not just announcements.'
From its lows over the past month, the stock of footwear major Campus Activewear gained 13 per cent to Rs 280.4 a share. The gains came on the back of better than expected operating profit margins in Q4, reduction of debt and expectations of market share improvement. The company expects volume growth, which has thus far missed expectations, to recover going ahead on the back of multiple triggers.
'At current valuations, we believe large-caps offer better downside support.' 'Hence, we are suggesting a small tilt towards them.'
Dwaipayan Bose simplifies the whys and hows of revisiting your financial goals
Skymet is the first major Indian weather forecasting agency to have issued a monsoon forecast for 2016.
Actively managed debt funds with the flexibility to go long on duration made a strong comeback on the returns chart in 2023, thanks to softening bond yields. The average one-year returns of floater, long-duration, gilt, and dynamic bond funds, which ranged between 2.3 per cent and 4.5 per cent at the end of 2022, now stand at over 7.2 per cent, with some schemes delivering over 8.5 per cent, according to data from Value Research. Debt fund returns are inversely related to yields of underlying investments, meaning a decline in yields is positive for funds.
Two teams with fault lines in their batting, up against two of the best bowling sides in the game today -- the question that determines the outcome is, is your weakness greater than mine?
'There are lots of very talented and skilful players who are coming through the system. The only thing we need to make sure is the transition is done in a controlled manner.'
"The season averaged maximum temperatures in Himachal Pradesh, West Rajasthan, Konkan, Goa, Coastal Karnataka, Kerala and Arunachal Pradesh are likely to be higher than normal by 0.5-1.0 degree Celsius," the Met department has said in its forecast.
Research and development (R&D) spending by BSE 100 companies has grown steadily, rising from 0.89 per cent of revenue in FY20 to 1.32 per cent in FY24, averaging around 1 per cent over the period in-between, according to data compiled from Bloomberg and company annual reports. Also, these companies more than doubled their R&D spending in absolute terms over these five years: From Rs 25,041 crore to Rs 63,072 crore. While this reflects a prioritisation of innovation, corporate R&D investment remains relatively conservative.
If the BJP has to work as a junior partner of Vijay's TVK, then either the party will have to change the state leader, or the latter should change himself. Incidentally, ever since Vijay started talking politics and elections, the pro-BJP/Hindutva social media had stopped dragging his name into any non-existing issue.' In particular, they have stopped referring to him by his Christian name, 'Joseph Vijay', observes N Sathiya Moorthy.
The India Meteorological Department introduced the present LRF models during 2007 following review of the old forecasting system.
The five warmest years in Indian weather history have occurred in the past 14 years -- the others being 2009, 2017 and 2010, in order of intensity.
Cheetahs have coexisted with leopards and lions in Africa, but some officials in India consider the high leopard population in Kuno and Gandhi Sagar a problem as it would "reduce the prey biomass for cheetahs".
The rainfall in July was minus seven per cent which comes to around 93 per cent of the Long Period Average, IMD Director General Mrutyunjay Mohapatra said.
From January 1, 2021 to September 9, 2024 -- during which Joe Root hit 17 centuries, Kane Williamson has hit, Steve Smith has made six tons but Virat Kohli has managed just two centuries.
