The recent improvement in consumer sentiment is almost entirely a rural India story. Much of the corporate sector reposes faith in rural India to fuel its growth, observes Mahesh Vyas.
Young Jammu and Kashmir all-rounder Parveez Rasool announced his arrival at the big stage by recording brilliant figures of seven for 45 against Australia in the first warm-up game in Chennai on Tuesday.
High inflation print is the price that the Reserve Bank of India (RBI) will have to pay to nurse a fragile growth back, say economists. Wholesale Price Index-based inflation rose to a record high of 12.94 per cent in May, aided by low base effect, but also because of higher fuel and commodity prices. Retail inflation, too, surprised by rising to 6.30 per cent, while the core inflation, which is the non-food and non-fuel component, rose to an 83-month high of 6.55 per cent. These numbers are much above RBI's upper limit of 6 per cent inflation target, but there is very little that the RBI can do at this moment.
10 stocks which are most popular with brokerages right now and are expected to deliver maximum upside over the next 12 months.
Mahela Jayawardene struck a record-equalling sixth half century in ICC World Twenty20 as Sri Lanka virtually assured themselves a semifinal berth with a crushing nine-wicket win over West Indies in their Super Eights match in Pallekele on Saturday night.
Mahela Jayawardene struck a record-equalling sixth half century in ICC World Twenty20 as Sri Lanka brightened their semi-final prospects with a crushing nine-wicket win over West Indies in their Super Eights match in Pallekele.
BCCI acting secretary shoots off letter, questions CoA's chief functioning
Jamaican sprinter Usain Bolt believes his German doctor Hans-Wilhelm Mueller-Wohlfahrt will fix the retiring world record holder's back problems in time for the August world championships in London.
Lesser known cricketers who could make waves at the IPL auction.
The cut in wages by companies whose operations were not shut by the lockdown was more likely opportunistic than out of business compulsions to survive the lockdown. If this is true, then it is worth wondering what kind of opportunism was this? Was it to make a quick buck or was it to use a crisis to engineer a structural change that was necessary, asks Mahesh Vyas.
Arsenal's fans had waited nine long months to return to the club's north London stadium but the 2,000 people sprinkled across the red seats had to wait only nine minutes to enjoy the thrill of celebrating a goal in the flesh again on Thursday.
Notwithstanding how the current impasse is solved, at some point in the future, Russia will realise that just as centuries ago it developed the paradigm of securing its heartland's safety through annexing vast buffer zones between itself and the enemy, a more modern security is possible only through friendly relations and sustainable peace, observes Shyam G Menon.
India's fuel consumption slumped by over 66 per cent in the first week of April as a nationwide lockdown halted economic activity and travel, which eviscerated demand. Petrol and diesel demand is down 66 per cent in April, while aviation turbine fuel (ATF) consumption has collapsed by 90 per cent as most airlines have stopped flying, industry officials said.
Kolkata Knight Riders jumped to third place in the points table after recording a five-wicket win over Deccan Chargers in a rain-affected low-scoring Indian Premier League match in Cuttack.
In the week ended June 6, only 2.3 per cent of the households reported that their incomes were higher than a year ago. This was the lowest-ever proportion of households reporting an increase in income in any week, reveals Mahesh Vyas.
Spain clung to the top of the FIFA rankings despite modest friendly performances this month while Venezuela's impressive World Cup qualifying campaign propelled them to a record high.
"Building Bridges" was the theme of the recently concluded South Asian Association for Regional Cooperation, or Saarc, summit in Addu (Maldives).
A look at the few bright spots, the many worries, and moments that made for a distinctly indelible 2020.
Dwayne Bravo's unbeaten counter-attacking 25-ball 46 lifted defending champions Chennai Super Kings from a hopeless situation to a stunning four-wicket victory over Cape Cobras in a Champions League Twenty20 match on Wednesday.
RB Leipzig's Timo Werner scored a hat-trick as they demolished hosts Mainz 5-0 on Sunday to reclaim third place in the Bundesliga with an emphatic victory after three straight draws. Schalke 04 slumped to a shock 3-0 home defeat by relegation-threatened Augsburg on Sunday, their fourth defeat in five games dropping them to eighth place in the Bundesliga.
Hulk signs two-year contract with Atletico Mineiro.
For the second straight week, the Sensex rose, notching up a significant gain of 528.34 points, or 1.59 per cent. The Nifty was up 129.45 points, or 1.25 per cent, during the week.
If the earnings in the first quarter of the current financial year are an indication, most banks, particularly those majority-owned by the government, have fared well, reveals Tamal Bandyopadhyay.
Frantic dollar demand from corporates along with an aggressive hedging strategy adopted by importers in the wake of the currency volatility predominately took a toll on the domestic unit despite moves by the central bank to stabilise the currency.
The Reserve Bank of India (RBI) booked massive gains on its foreign currency sales and needed to provide much lesser for its reserves in 2020-21 (FY21), helping it to carve out a significant Rs 99,122-crore dividend for the government, revealed the RBI's annual report for FY21. By doing so, the central bank's risk buffers have reduced to the bare minimum, which may restrict some of RBI's scale of operations, and would likely hamper dividend payout for financial year 2021-22, said analysts. The annual accounts are for nine months ended March 31, 2021 since the RBI changed its accounting year from July-June to April-March from FY21.
Merkel has pledged to reduce Germany's already low unemployment, and is offering modest tax cuts.
For some, he's a bully and probable 'blackmailer' who targeted the rich and famous, especially in Bollywood, for fame, and allegedly, ransom. For others, he's finally the one brave narc who decided to do his job, no matter how powerful his quarry, observes Shekhar Gupta.
Murtagh produced one of the best spells of bowling ever seen at the old ground, taking five wickets for 13 runs in nine overs as England were skittled for 85.
All 112 matches of the 'NZ Premier League' will be played in Auckland without spectators but broadcast live on Sky Sport or the Youtube channel, Sky Sport Next, Tennis New Zealand said on Monday.
Yuvraj Singh has fallen behind in the pecking order to youngsters like Suresh Raina and Virat Kohli, but after a superb all-round showing in the World Cup, the left-hander will get another chance to resurrect his Test career against West Indies.
While Pep Guardiola has brought two Premier League titles, smashed records and produced some of the most glorious football the club's fans have ever seen -- European success remains elusive to his team.
Sachin Tendulkar said comparisons between players of different eras are unfair and it would be better if every individual's achievements are celebrated rather than comparing with everyone else.
Images from the World Cup match between in Ahmedabad on Thursday.
5 instances when teams didn't cross the 70 run mark in 13 seasons.
Most of the session's gains for both the indices were wiped out as investors rushed to book profits ahead of F&O expiry on Thursday and also due to concerns over stretched valuations.
Rajasthan Royals edged Deccan Chargers by two runs in a highly entertaining Indian Premier League match featuring the two previous winners at the VCA Ground at Nagpur on Monday.
Vikas Gowda qualified for the final round of the men's discus throw event with a modest effort of 63.86m on the sixth day of the World Athletics Championships in Beijing.
Left-arm pacer Isuru Udana recorded the first hat-trick of the Champions League Twenty20 as Wayamba Elevens crushed Central District by 75 runs in their last league match of the Twenty20 tournament, in Port Elizabeth on Wednesday.
Opener Mayank Agarwal smashed a breezy century as India 'A' recorded a convincing seven-wicket victory over West Indies 'A' in the Tri-Series in Leicester on Monday.
In a thrilling match in Surat, Gujarat defeated Rajasthan "by one over eliminator" after the two teams ended with identical scores in 20 overs and the match was tied.
