Equity benchmarks Sensex and Nifty on Friday spurted by nearly 2 per cent, propelled by heavy buying in IT, metal and financial stocks amid a rally in global markets after lower-than-expected US inflation data. A strong rupee against the US dollar and unabated foreign capital inflows further bolstered sentiment, traders said. Easing US inflation triggered speculation that the US Federal Reserve might slow down the pace of interest rate hikes.
Former Australia cricketer Tom Moody feels India should have given a chance to in-form batsman Shubman Gill ahead of Prithvi Shaw in the opening day-night Test against Australia in Adelaide.
Ahead of the 2023 IPL season, let's take a look at the strengths and weaknesses of the Aiden Markram-led Sunrisers Hyderabad.
The SRH management, headed by Kavya Maran, hasn't yet issued any public statement over Katich's resignation.
Harsh Varrdhan Kapoor's thriller Thar is going places and the actor is terribly proud.
Following Iga Swiatek's victory over Coco Gauff in the final, here's a list of French Open women's singles champions:
Billionaire Gautam Adani's embattled conglomerate said its balance sheet is "very healthy" and is laser focused on continuing business momentum, as it looked to reassure investors to keep faith in the conglomerate despite a share rout triggered by a damning report by a US short-seller. Group CFO Jugeshinder (Robbie) Singh in an earnings call said the group is confident of its internal controls, compliance and corporate governance. Separately, it released a compendium of group companies to highlight that it has adequate cash reserves and has ability to refinance debt.
Bayliss will step down from his current role with the England team after the Ashes beginning next month.
Everything Everywhere All forgets to tell a coherent story, complains Mayur Sanap.
David Warner saved the best for his former franchise SRH.
India Lockdown has way too much carnal pleasure on its mind to focus on minor things like coronavirus, sighs Sukanya Verma.
As the Indian currency hovers around its lowest versus the US greenback, several smaller and mid-sized companies are expected to face rough weather as almost 44 per cent of the foreign loans taken by Indian companies remained unhedged. According to the data sourced from the Reserve Bank of India, Indian companies raised around $38.2 billion in the financial year ended in March. Of this, only 56 per cent of the loans are hedged while the rest of the foreign loans remain unhedged, thus risking the companies to forex volatility.
Taapsee's strong performance powers through an intriguing premise gone kaput in a bogus third act, observes Sukanya Verma.
The Centre has garnered around Rs 2,500-3,000 crore in the first five weeks after it imposed a windfall tax on oil and gas companies for the export of fuel, Business Standard has learnt. It is likely that the government will continue with the one-time tax till the Indian crude basket is above $80 a barrel, sources said. The next review of the windfall tax on oil companies is early next week.
After a tumultuous past few days that almost halved value of the Adani group, embattled tycoon Gautam Adani-led conglomerate had some pressure eased on Friday as two global rating firms stuck with their calls on its credit profile and its French partner backed its investments in the group firms. Also for the first time since January 24, shares of the group's flagship firm Adani Enterprises ended in positive territory after erasing an intraday loss of 35 per cent. Adani Ports and SEZ also ended 8 per cent higher. This is after a over $100-billion rout in value of group stock since the US short seller Hindenburg Research accused Adani group of stock manipulation and accounting fraud.
As the SRH dugout watched in utter disbelief at Jansen's bowling crumbling to pieces, Muralitharan got up from his seat and caught on camera shouting, 'Why the f**k is he bowling full?'
Reckon Captain Kane can call on Murali, Lara and Steyn to shore up his resources on the field of play?
When SRH retained Umran -- along with Skipper Kane Williamson and Abdul Samad -- for Rs 4 crore before the IPL auction, many were surprised. No longer.
Six consecutive profitable quarters after an equal number of losses - for Bharti Airtel, the turnaround has been quick. But it is not a result of higher tariffs or absence of exceptional items alone. Execution and strategy are playing a part, too. Bharti Airtel's chief executive officer Gopal Vittal summed it up in a post-result conference call last month. "We track the profit in each of our 237,500 (cell) sites.
Celeb-inspired monsoon styles that will transform your look from boring to fabulous.
"You look at the CPL which becomes more important with the next World Cup being there in the Caribbean, and how many players can you get put into that tournament to get an idea of conditions. It is an advantage,"
'I want to explore more than just be a pretty face.'
You need eight to 10 hours of healthy sleep every night. Otherwise, your life and heart tend to fall apart, alerts Dr Santosh Kumar Dora.
Sunrisers Hyderabad head coach Tom Moody is confident that his team will be able to successfully execute their plans and stop Mumbai Indians's impact player Hardik Pandya when the teams lock horns in Thursday's Indian Premier League encounter.
While the Australian all-rounder hasn't made any official announcement, it is learnt that after Chennai Super Kings ended their IPL campaign on Sunday with victory over Kings XI Punjab, the senior player told his teammates about the decision to retire from all forms of cricket.
In December 2019, the India arm of Deloitte Touche Tohmatsu surprised many with its ultra-competitive bid to become the transaction advisor for the country's largest strategic divestment in Bharat Petroleum Corporation (BPCL). The multinational major quoted just Rs 1; the second-highest bidder, SBI Caps, reportedly quoted Rs 15-17 crore. For Deloitte, the motivation was to bag a prestigious deal adding a national energy company to its portfolio. No doubt, it expected BPCL to go to a marquee buyer in quick time.
There will be one dance number in Gangubai, performed by Huma Qureshi.
Finance Minister Nirmala Sitharaman on Wednesday raised the personal income tax rebate limit, doled out sops on small savings and announced one of the biggest hikes in capital spending in the past decade as she did a tight rope walk in the Budget between staying fiscally prudent and meeting public expectations in the year before general elections.
Petrol and diesel prices were hiked by 80 paise a litre each on Saturday, the fourth increase in five days as oil firms passed on to consumers the spike in cost of raw material. Petrol in Delhi will now cost Rs 98.61 per litre as against Rs 97.81 previously while diesel rates have gone up from Rs 89.07 per litre to Rs 89.87, according to a price notification of state fuel retailers. All the four increases since the ending of a four-and-half-month long hiatus in rate revision on March 22, have been of 80 paise a litre.
The critically acclaimed Maine Gandhi Ko Nahin Mara remains one of those many landmark films is his career. Keeping the audiences psyche in mind, winner of several national and international awards, Assamese filmmaker Jahnu Barua is gearing up for his next directorial venture- Har Pall.
What makes Wonder Women brilliant is the breeziness of the events and issues it tackles without delving on it too much or surrendering to it completely, observes Divya Nair. Wonder Women Review
Marcos Baghdatis beat Russia's Marat Safin 6-4, 6-4, 2-6, 3-6, 6-2 in the second round of the Australian Open.
While the collapse of a large financial intermediary can wreak havoc on the system because of the interconnectivity, a large business conglomerate too can play spoilsport if the banks have too much exposure to the entity, explains Tamal Bandyopadhyay.
Reliance Industries Ltd, the nation's most valuable company, on Thursday said it has raised $4 billion (around Rs 30,000 crore) in debt through the largest ever foreign currency bond issuance by an Indian entity. The oil-to-telecom conglomerate plans to use the proceeds of the three tranche issues to retire existing borrowings. The issue was "nearly 3 times oversubscribed with a peak order book aggregating around $11.5 billion," the company said in a statement. This is the largest ever foreign currency bond transaction in India, eclipsing ONGC Videsh Ltd's $2.2 billion US dollar bonds issue of 2014.
Credit rating agency Moody's changed Formula One's outlook to negative from positive on Thursday to reflect the impact of the coronavirus crisis on a global sport that has yet to race in 2020.
Bajaj Finance was the top gainer in the Sensex pack, soaring over 8 per cent, followed by Kotak Bank, IndusInd Bank, HDFC, PowerGrid, Axis Bank, ICICI Bank and L&T. On the other hand, Maruti, ITC, NTPC and Nestle India were among the laggards.
The International Monetary Fund (IMF) on Tuesday cut its economic growth forecast for India to 9.5 per cent for the fiscal year to March 31, 2022 as the onset of a severe second COVID-19 wave cut into recovery momentum. This forecast for 2021-22 is lower than the 12.5 per cent growth in GDP that IMF had projected in April before the second wave took a grip. For 2022-23, IMF expects economic growth of 8.5 per cent, larger than the 6.9 per cent it had projected in April.
Pujara's slowest Test half-century, a painstaking 50 off 176 balls handed Australia control of the match in which they now have overall lead of 197 runs.
'I've been here before, whether with the South African or IPL teams, so I'm excited. A new role for me, a coaching role which I'm really excited about. It's a whole new role looking at the players, which is fantastic. I'm looking forward to hitting the ground running.'
Andrew Symonds, who was 46 and was a member of Australia's World Cup-winning teams in 2003 and 2007, died in a car accident in Queensland.