Prime Minister Narendra Modi on Sunday said he regrets not being able to learn the world's oldest language Tamil during his long political innings as a chief minister and prime minister.
India's top IT companies have shown a hiatus between their performance on the bourses in the pandemic period and earnings growth. The combined market cap of the top five IT companies - Tata Consultancy Services, Infosys, Wipro, HCL Technologies, and Tech Mahindra - is up 87 per cent since the end of March 2020. In comparison, the benchmark BSE Sensex is up 68 per cent during the period. So the industry beat the broader market by a big margin in the last one year.
'Higher than expected inflation in the US or the European Union, faster than expected tightening by the major central banks, break out of a war in Europe, and withdrawal of portfolio equities from the emerging markets are factors which can result in equity market corrections.'
Amid fears of a third wave of coronavirus pandemic and hardening of retail inflation, the Reserve Bank is likely to maintain status quo on interest rate and watch the developing macroeconomic situation for some more time before taking any decisive action on monetary policy. The RBI is scheduled to announce its bi-monthly monetary policy review on August 6 at the end of the three-day meeting -- August 4-6 -- of the Monetary Policy Committee (MPC). The RBI Governor-headed six-member MPC decides on the key policy rates.
Attrition is driving the hiring effort on campuses.
'I was seven years old in 1983. I never heard about that historic win because we did not have a radio set in our village.'
India, who went into the World Cup as one of the favourites, were handed a heartbreaking defeat by New Zealand in the semifinals.
'What the northern Indian states lack is responsive politics based on the principles of development, social justice and equality.' 'A cut-and-paste job cannot make up for such lethal deficiency,' observes says Ambassador M K Bhadrakumar.
'Money that came into mutual funds near the previous peaks -- the second half of 2017 and 2018 -- has in most cases experienced unflattering returns.' 'A large proportion of redemptions could be such inflows exiting when the market recovered sharply from July 2020 onwards.'
The rupee fell to a two-year low of 64.84 against the US dollar.
Upside risks to inflation persist from higher growth and expansive govt spending.
Top gainers from the Sensex pack are Infosys, Cipla, NTPC, ITC and Lupin
Many in the US establishment must hope that the crisis would put the brakes on China's growing military might. Well, it ain't gonna happen, says T T Ram Mohan, who was appointed a member of the prime minister's economic advisory council on Wednesday, October 28, 2021.
Friendships are not merely severed, but built over scuffles. And just about anything can stir things up -- a long-standing feud, a pointless stare, a disrupted moral stance, a fist that ricochets off a face and smacks another face in the near vicinity, observes Sreehari Nair.
'Stick to the known quality names, avoid short term thinking and don't be in a hurry to book profits on your winners.'
V V S Laxman, who scored an incredible 281 to lead India's amazing comeback in the Eden Gardens Test against Australia, recalls Chetan Chauhan's role in that memorable triumph.
GFA shoots down AFC claim, says no evidence
The markets have been unable to sustain at higher levels as a rise in bond yields globally, especially in the US have dented sentiment. Surging commodity prices, especially crude oil that have now hit $70 a barrel (Brent) coupled with inflation woes and fear of sporadic lockdown across major economic hubs back home as Covid cases rise have chased the bulls away. In the short-term, analysts expect the markets to remain volatile as they react to news flow - both from overseas and developments back home. Investors, they say, need to keep a tab on how the US treasury yields move, which in turn will have a ripple effect on how big money moves across developed (DMs) and emerging markets (EMs), including India.
'Ramchandra Guha has sent down an express delivery at Sunil Gavaskar, the great batsman who seldom wore a helmet while facing the fastest of fast bowlers.' 'Gavaskar may have easily ducked the delivery and Guha would have receded in solitude.' 'But by hitting back at Guha, Gavaskar may have started a barrage of unplayable deliveries,' says Sudhir Bisht about his cricketing hero.
Satyajit Ray would have been a hundred years old on May 2. To mark the legendary film-maker's birth centenary, Rediff.com bring you a treasure trove of features from our archives.
Reminiscing that 'kind of a T20' knock Gibbs said Australia had left the South Africans with no options but to fire on all cylinders in order to set another world record in the same match.
China has not yet come out with an official reaction to Biden and Kamala Harris' victory in the November 3 presidential election even though official media here are carrying out commentaries on their election.
When big companies such as Infosys and Wipro are forecasting minor growth this financial year, TCS is all set to break the trend.
IMAGES from Day 2 of the Wimbledon Championships from the All England Lawn Tennis and Croquet Club, London, on Tuesday.
'This little incident might seem trivial to most people. But when such things happen in the BCCI's own backyard...'
Indiana Pacers and Sacramento Kings will play two preseason games in Mumbai next year, the first National Basketball Association games to take place in India, NBA Commissioner Adam Silver said on Thursday.
Xi does not want to risk any political or economic crisis complicating his bid to remain in office, observes Ambassador Shyam Saran, the former foreign secretary.
Company had pegged FY14 revenue growth at six-10% earlier
Hero MotoCorp was the top gainer in the Sensex pack, spurting 4.46 per cent. IndusInd Bank, Tata Motors, Vedanta, SBI, M&M, Sun Pharma, Tata Steel, HDFC and HDFC Bank too rose up to 3.63 per cent.
Badhaai Do carries its audience on the wave of those little farces that come with being queer in India, a land where masculinity still has some say, observes Sreehari Nair.
SBI was the top gainer in the Sensex pack, rallying over 10 per cent, followed by Kotak Bank, Dr Reddy's, UltraTech Cement, ITC and HDFC Bank. On the other hand, Axis Bank, Bharti Airtel, ICICI Bank, Maruti and HCL Tech were among the laggards.
The bigger worry is that the miss for FY19 is likely to be significant even after assuming macro factors such as crude oil prices, rupee, input costs, and interest rates, do not worsen from the current levels, reports Vishal Chhabria.
The supernatural element is Nirvana Inn's biggest triumph, says Moumita Bhattacharjee.
'I feel fitter than ever and very much open to playing in overseas leagues.' Bhatia has done a course in bio-mechanics from an institute in Hawaii and wants to explore a career in that field.
'Cognizant's results indicate that digital related spends can more than offset headwinds in traditional services'
Much of this has been made possible by the owners's insistence on building a team, rather than banking on a collection of talented individuals not necessarily suited to play alongside one another.
The 30-year-old showed what he can still offer the team in the first semi-final against New Zealand.
'Governments have neither any idea of the source of the infection, nor a grip on the disease.' 'Headline management will not work, not in this case,' observes Sunita Narain.
Waqar Younis, one of the greatest practitioners of reverse swing, hailed former New Zealand captain Martin Crowe, who passed away today, as the "best batsman" when it came to tackling the difficult art.
Process of selecting the next IMF managing director should transcend North Atlantic considerations.
