Automobile retail sales in India increased by 37 per cent in April on a low base of COVID-hit April last year, automobile dealers' body FADA said on Thursday. Total sales across categories rose to 16,27,975 units in April, as compared to 11,87,771 units in the year-ago period. On a year-on-year basis, all vehicle categories including passenger vehicles and two-wheelers were up as compared with April last year.
Images from the second T20 International between England and India at the Rose Bowl in Birmingham on Saturday.
'My father was asking me what an IPO is. He has no clue and he has never been an investor.' 'My mother, who was the one to ring the bell, has been an investor in Policybazaar for the past 6-7 years and I would say she has made good returns.'
The ludicrous combination of better bats and smaller boundaries is reducing bowlers to virtual bowling machines, says the legendary Australian Ian Chappell.
Serena return had been eagerly anticipated but 115th-ranked Tan ripped up the script with a nerve-shredding win.
After Rahul's Bharat Jodo Yatra began criss-crossing the Hindi heartland, BJP leaders have revived their attacks on 'dynasty politics' and 'family rule' in the Congress, points out N Sathiya Moorthy.
Because they have become too big and pervasive and the time to regulate is long gone, points out Debashis Basu.
The government on Monday extended till July 21 the deadline for public comments on proposed amendments to the Consumer Protection (e-commerce) Rules, 2020. Earlier, the last date for public comments on the draft e-commerce rules was July 6. "It has now been decided to extend the timeline for receipt of comments/ suggestions on the draft e-commerce rules. "Views/ comments/ suggestions on the proposed amendments may be sent by July 21, 2021," a government notice said.
Paving the way for takeover of crisis-ridden Punjab and Maharashtra Cooperative Bank (PMC), the Reserve Bank of India on Friday granted in-principle approval to the Centrum Financial Services to set up a small finance bank. Centrum Financial Services was one of the applicants for takeover of the PMC Bank. "This 'in-principle' approval has been accorded in specific pursuance to the Centrum Financial Services Limited's offer dated February 1, 2021, in response to the expression of interest notification (November 3, 2020) published by the PMC Bank Ltd," the RBI said in a statement.
The loss to policyholders due to massive mis-selling of insurance policies by trusted private sector and public sector banks will be well in excess of Rs 2 trillion, warns Harsh Roongta.
'There have been many cases where clients have indicated that they feel suicidal as they feel they have no other options to deal with their financial hardship.'
What this game against the Royal Challengers Bangalore produced was an all-round team performance of epic proportions spearheaded by some of the most iconic individual performances this season.
Scams happen with high regularity because the price of getting caught is insignificant. Aggrieved investors run from the police to already clogged courts to find redress for issues for which financial regulators have been specifically set up. For over 3,750 years we have known what to do, but we don't do it, observes Debashis Basu.
Words and actions like those of R N Ravi and a vocal section of the state BJP have only added to Tamil fears and suspicions, points out N Sathiya Moorthy.
'They (the ransomware attackers) are not after any VVIP data.' 'Had that been the case, they would have quietly installed a different malware.'
I-League: Churchill Brothers hand Mohammedan Sporting first defeat of season
Reserve Bank of India (RBI) deputy governor M Rajeshwar Rao on Wednesday defended the central bank's decision of not allowing industrial houses to float banks, and said more deliberations are needed before RBI changes its stance on this issue agreed back in 2001. An internal working group (IWG) of the RBI had recommended allowing industrial groups into banking, but late last month the RBI said it kept on hold the two recommendations of allowing industrial houses and large non-banks to float banks. However, RBI had accepted 21 of the 33 recommendations of the group that submitted its report a year ago.
He finished unbeaten on a career-best 78 not out from 52 balls, hitting three fours and four sixes, putting on a match-turning stand of 111 runs with Maxwell, who stroked 51 not out from 33 balls.
If raters get away by moving from AAA to D overnight after companies default, as happened with DHFL, YES Bank, RCom, and IL&FS, it shows a complete breakdown in the rating system. It calls for exemplary punishment, not kid glove treatment, says Debashis Basu.
The regulator is also planning to widen the ambit of 'deemed fraudulent activities'.
IMAGES from the IPL match between Rajasthan Royals and Mumbai Indians in Navi Mumbai on Saturday.
United are four points behind fourth-placed Arsenal, with a game in hand, as they search for a way into the top four and a place in next season's Champions League.
If pandemic (mis)management threatened to dominate Goa's electoral discourse, the BJP is up against a deeper structural issue in its organisation, created by the fact that a majority of the legislature party and the ministerial council is made up of Congress defectors, disparagingly referred to by the Opposition as "imports". Radhika Ramaseshan reports.
Tech-driven skills will be in demand in the post pandemic era, alerts Sonya Hooja, COO and co-founder, Imarticus Learning.
It's hard to say because of the winner-take-all nature of new platform and network businesses, but Reliance has not been an efficient user of capital, and Adani numbers are varied, observes T N Ninan.
Pawar said he was upset that his three sisters were dragged into this.
The government is taking the cutoff of about 100 days if reinfection occurs.
P V Sindhu beat world No.12 Busanan 21-17, 21-13 in the women's singles opener, while Kidambi Srikanth demolished Sitthikom Thammasin 21-11, 21-11 in 37 minutes in the men's singles.
'India should be adequately prepared for further Chinese mis-adventures at any time in the next few years.'
There were a few nerves at the end but Liverpool set up a Champions League semi-final with Spain's Villarreal after Roberto Firmino scored twice in a 3-3 second-leg draw with Benfica on Wednesday to ensure a 6-4 aggregate win.
Modi stressed on the need for constant genome sequencing to monitor emergence of mutants and also to ensure increased oxygen availability, the Prime Minister's Office (PMO) said in a statement.
The Reserve Bank of India (RBI) announced new rules for credit cards, applicable from July 1. "These directions cover the general and conduct regulations relating to credit, debit and co-branded cards which shall be read along with prudential, payment and technology & cyber security related directions applicable to credit, debit and co-branded cards, as issued by the Reserve Bank," the circular by RBI said. Business Standard culled out key rules from the list, and asked financial experts for advice on them, along with the thumb rules one needs to follow while using credit cards.
While the infection has been mild in most reported cases, those below two years of age are showing signs of acute infection.
Images from the T20 World Cup Super 12s match between Bangladesh and England, in Abu Dhabi, on Wednesday.
The BCCI's medical team is working overtime with the Tamil Nadu wrist spinner, whose knees are not in the best of condition.
The Bal Puraskar was conferred by Prime Minister Narendra Modi, who gave digital certificates to the awardees using blockchain technology developed by IIT Kanpur.
The 85th Annual Academy Awards have been announced. Here's a quick glance at the winners.
Images from the Indian Premier League match between Rajasthan Royals and Sunrisers Hyderabad, in Dubai, on Monday.
The Centre on Tuesday said it will not seek disclosure of flash sales from e-commerce players to regulate the fraudulent sale of goods and services but will take appropriate action as per the law on consumer complaints. Discount sales that benefit maximum to consumers will continue, but not fraudulent flash sales on the e-commerce platforms, the government said, adding that the e-tailers need not be "anxious" about the draft rules. Ban on fraudulent flash sales, mis-selling and appointment of chief compliance officer/grievance redressal officer -- are among key amendments proposed to the Consumer Protection (e-commerce) Rules, 2020, on which the government has sought public comments by July 6.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
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