Core retail segments like motor and health continue to report strong growth of 19-20 per cent with competitive intensity still visible in the motor OD (owner driven) segment. Commercial lines reported muted growth. Group health remains a key driver. Among the listed companies, ICICI Lombard continues to trail in the motor section while Star Health has lost its Y-o-Y retail market share although its better on a sequential basis.
Australia's Khawaja reins in 'Little Uzzie' to set up Ashes run chase
'As China's reopening euphoria fizzled out on the back of some disappointing economic data, we saw inflows coming back to India with full force in the past 3-4 months.'
The Supreme Court is scheduled to hear on May 8 a plea challenging the promotion of 68 Gujarat lower judicial officers, including Surat Chief Judicial Magistrate Harish Hasmukhbhai Varma who had convicted Congress leader Rahul Gandhi in a defamation case, on the ground of allegedly disregarding the 'merit-cum-seniority principle'.
'After having changed chief ministers in Uttarakhand, Tripura, why are they not doing it in Manipur?'
The Maltese resolution envisages a win-win situation, which the two parties fail to see in their mood to bring each other to book. It may well mark the beginning of the end of war, predicts Ambassador T P Sreenivasan.
The company's meeting with the striking employees failed to resolve the deadlock over unpaid salaries.
This is the first Olympic qualifier where the top-three finishers in individual and team categories will get berths at the Paris Games.
The Indian Space Research Organisation said it successfully carried out an "extremely challenging" controlled re-entry experiment of the decommissioned orbiting Megha-Tropiques-1 (MT-1) satellite.
Congress leader Sachin Pilot on Friday stressed that the party would fight the Rajasthan assembly polls "unitedly" and said that a decision on who would lead the next government would be taken by the high command after consultations with the newly-elected MLAs.
Trade generic drugs (medicines that are sold directly through distributors) are fast becoming a key segment for domestic pharma firms as volume growth slows in the overall market. Big companies like Cipla and Alkem have a significant presence in the segment but recently, players like Torrent Pharmaceuticals and Dr Reddy's Laboratories (DRL) have also entered this market. What is driving big pharma's focus on trade generics? The volume growth in the Indian Pharma Market (IPM) has come down from 5.6 per cent in FY16 to 0.1 per cent in FY23.
The government is confident of meeting the fiscal deficit target of 5.9 per cent of gross domestic product (GDP) and the nominal GDP target of 10.5 per cent despite pressure in the initial months of FY24, Economic Affairs secretary Ajay Seth told Business Standard. Normally the initial months of any financial year see proportionally a higher fiscal deficit because the expenditure is evenly paced while revenue picks up in the later months, he said. "This year the proportional fiscal deficit so far is much closer to the target than in most other years.
The final weeks of this World Cup, says Clive Lloyd, will be thrilling to watch - it's just a shame West Indies won't be part of it.
The Indian men's team currently occupies the 18th spot among countries under the Asian Football Confederation, while the women's side is ranked 11th.
The net debt of top eight realty firms fell 43 per cent to Rs 23,000 crore last fiscal, from around Rs 40,000 crore in 2019-20, as their cash flow improved on strong housing sales, according to Anarock. Real estate consultant Anarock noted that the unfettered demand for housing across the country has enabled the country's leading large and listed developers to reduce their debt. Anarock analysed financial performances of the top eight developers engaged in the development of residential real estate.
The top court said the exclusion of a member of the Opposition from the House just because of a perspective which may not be consistent with the viewpoint of the government is a serious issue.
The Indian rupee, which has depreciated 1.1 per cent so far in August, is expected to decline further on the back of a strengthening US dollar and a weakening Chinese yuan, according to a Business Standard poll of analysts. The Indian rupee hit an all-time low recently, closing at 83.15 per dollar. Five of the 10 respondents said the Indian currency might touch 83.5 per dollar in August itself, while others said the worst could be over.
Historically, March has been a volatile month for Indian equity markets. To begin with, it marks the end of a financial year, wherein there is some compulsive portfolio rebalancing trade by large funds - domestic and foreign. Retail investors, too, prefer to 'cash in' on their gains and losses before the financial year runs out.
'We were children and could not distinguish freedom from bondage, but we could understand that a momentous and happy event was imminent.'
Initiating the debate from the opposition's side in the Lok Sabha, Gandhi said, "I stand here in support of Nari Shakti Vandan Adhiniyam."
The rupee is seen weakening against dollar in current week.
'If you want it to grow well and serve the true needs of the economy, it needs a lot of freedom and flexibility, which comes in terms of the reform objective set by the regulator.'
Among the Sensex firms, Tata Motors jumped over 3 per cent. Tech Mahindra, Infosys, HCL Technologies, Axis Bank, Mahindra & Mahindra, ICICI Bank, UltraTech Cement and Kotak Mahindra Bank were the other major gainers. NTPC, Asian Paints, Titan and Power Grid were among the laggards.
The US currency's decline against major world currencies alongside fag-end dollar supply largely helped the rupee recoup some of its initial losses
It started out as a Production Linked Incentive (PLI) scheme to make India an export hub. But after many a twist and turns, the latest 2.0 PLI for IT hardware, for which the 40 eligible candidates have applied till its deadline, is now focused on 'import substitution'. The scheme will help in reducing India's over-dependence on imports (80 per cent of laptops are imported), especially from China which include laptops, tablets and servers.
The number of active terrorists in the valley is at its lowest in the last 34 years, General Officer Commanding of Chinar Corps Lieutenant General A D S Aujla said.
In a setback to 53-year-old Gandhi, the high court on July 7 dismissed Gandhi's plea for a stay on his conviction, observing that "purity in politics" is the need of the hour.
A khatta-meetha amti with fresh coconut milk and undertones of garlic.
IMAGES from the ICC World Cup match played between Afghanistan and Pakistan in Chennai on Monday.
The equity cult has grown at a rapid pace in India in the last few years, with retail investors latching on to the stock markets like never before. At 126.6 million, the number of dematerialised (demat) accounts, where investors hold their securities in electronic form for trading purposes, are at record high levels. The growth rate, on an annualised basis, stood at 27 per cent in 2022-2023, up from barely 6 per cent a decade ago.
"India is the best market right now in the world with the digital initiatives the government has implemented
A sessions court in Gujarat's Mehsana district on Wednesday set aside a lower court order sentencing Congress MLA Jignesh Mevani and nine others to three months in jail in a 2017 case of taking out a public rally without police permission, noting debates and bona fide criticism of government actions are essential for the existence of democracy.
'2,665 children killed. 2,665 cheeky smiles, 2,665 dreams of tomorrow, 2,665 favourite cartoon characters, 2,665 favourite meals, 2,665 someone's everything.'
Earning woes drag markets lower; TCS, HUL lead fall.
The 17-lender consortium led by State Bank of India has also put the Flying Models, Funliner, Fly Kingfisher and Flying Bird Device on the block.
The acquittal of four men accused in the 2008 Jaipur serial blasts case by the Rajasthan high court has come as a shock to many, including those who lost their loved ones or were themselves injured in the terror attack and are living with the bad memories.
The rupee has lost 32 paise, or 0.50 per cent, in five trading days
Rising crude oil prices and muted passenger traffic in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24) have raised concerns about the profitability of listed aviation players. These two concerns have caused the stock of InterGlobe Aviation (IndiGo), the largest player in the sector, to slip by 11 per cent since its highs at the end of July. Nuvama Research expects yields to cool down in the near term due to seasonality, rising crude oil prices, and higher capacity.
ITC was the biggest gainer in the Sensex pack, rising nearly 3 per cent, followed by Kotak Mahindra Bank, ICICI Bank, Maruti, Bharti Airtel, State Bank of India, Sun Pharmaceutical Industries, Axis Bank, Reliance Industries, Hindustan Unilever and JSW Steel. On the other hand, Infosys, UltraTech Cement, HCL Technologies, Bajaj Finserv, Larsen & Toubro, Titan, Tata Consultancy Services and Wipro were the laggards.
Both Lok Sabha and Rajya Sabha did not see a debate on the Manipur violence, but Prime Minister Narendra Modi and Home Minister Amit Shah spoke on it during their addresses on the no-confidence motion.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances