Transiting from "survival mode", which took most of the management time in FY21, the bank has been able to take a long-term view in terms of growth and preparing technology in the past 12 months.
'We have got quite a few days before our next home game. If he's not available I don't see any issues. Bhuvi will lead our side since he's is our vice-captain'
Only players like Fabien Allen and Billy Stanlake have been shown the door ahead of the upcoming season.
'If I don't act for a week I become edgy, restless and moody.' Subhash K Jha salutes Manoj Bajpayee, actor extraordinaire, on his 53rd birthday.
Rajesh Karkera journeys in monsoon rains and through verdant countryside to the little-explored pristine Lonar lake in eastern Maharashtra.
Fitch Ratings on Monday cautioned that the Indian government has little fiscal headroom at its disposal to respond to possible shocks to growth given the country's lowest investment grade credit rating with a negative outlook. "India's public debt/GDP ratio, at about 87 per cent in FY21, is well above the median of around 60% for 'BBB' rated sovereigns. "We revised the Outlook on India's rating to Negative, from Stable, in June 2020, partly owing to our assumptions about the impact of the pandemic on public finance metrics. "The government has little fiscal headroom at its current rating level to respond to possible shocks to growth," it said in a report.
Reliance Industries was the top gainer in the Sensex pack, rising over 1 per cent, followed by M&M, HCL Tech, Axis Bank, ICICI Bank and HUL. On the other hand, Bharti Airtel, Maruti, SBI, PowerGrid, NTPC and Tata Steel were among the laggards.
What has hit sentiment further is a draft proposal by the government to increase vehicle insurance premiums for financial year 2022-23 (FY23). Third-party motor insurance premiums have not been increased over the last two years and if this is approved, insurance costs for specific segments could rise by a fifth. The worst impacted is the 350cc and above two-wheeler segment, where premiums are up 21 per cent. Royal Enfield (Eicher Motor) is the market leader in the segment. The premiums in the 150-350cc two-wheeler category are also being inc
Back to winning ways, a resurgent Sunrisers Hyderabad will be forced to tinker their successful combination following all-rounder Washington Sundar's injury as they face Kolkata Knight Riders.
Evicted Bigg Boss 15 contestant and actor Donal Bisht gets candid about her love for fashion, food and more.
Batting stalwarts Virat Kohli and Kane Williamson's woeful form will be in focus when Royal Challengers Bangalore and Sunrisers Hyderabad meet in a return IPL fixture at the Wankhede Stadium, in Mumbai, on Sunday.
Love white? Tips on how you can wear it from those who know.
The Australian said that he would love to represent SRH again but that is not in his hands.
With slippages increasing every quarter, any derailment on growth or change in customers' repayment behaviour after moratorium may impact the overall asset quality. Correction, though, presents attractive buying opportunities, given the bank's sustained leadership position.
Equity benchmark Sensex rebounded 454 points on Thursday, boosted by gains in index heavyweight Reliance Industries amid a positive trend in global markets.
'Rahane led the side brilliantly, bowlers were relentless but the biggest positive is the performance of two debutants. Both of them were confident and not overawed by the big occasion. Strength of Indian cricket is their strong bench strength'
Petrol and diesel prices were hiked by 80 paise a litre each on Wednesday, taking the total increase in rates in 16 days to Rs 10 per litre.
IPO-bound mobility platform Ola, said it has successfully raised $500 million via a Term Loan B (TLB) from marquee international institutional investors. This term loan has no impact on the valuation of Bhavish Aggarwal-led Ola. The Bengaluru-based firm recently raised $139 million. This is part of a $1 billion funding round for which the company is in talks with investors, increasing its valuation to about $7.5 billion, according to the sources.
Mithya fumbles to make headway towards truth or dare, observes Sukanya Verma.
It's raining book-to-screen adaptations on OTT this week. Sukanya Verma offers you a selection.
Gunathilaka dismissal was followed by a couple of run-outs as Sri Lanka lost their rhythm and were all out for 232. Hosts West Indies completed the chase with three overs to spare.
Yes Bank led the laggard's list on the Sensex with a nearly 10 per cent drop after Moody's Investors Service downgraded the private sector lender's ratings. Other top losers were SBI, IndusInd Bank, Tata Motors, Mahindra and Mahindra and HDFC.
The Russian-Ukraine war can hit the global supply chains that are already constrained due to the pandemic and the worst impact will be on ongoing chip shortage because the warring nations brutally control supplies of key raw materials that go into making semiconductors, warns a report. Since Russia controls as much as 44 per cent of global palladium suppplies, Ukraine produces a significant 70 per cent of the global supply of neon -- the two key raw materials that go into making chips. The markets can expect the global chip shortage, that began with the pandemic, to worsen if the military conflict lingers on, says a Moody's Analytics report on Friday.
The scrip was the worst hit among the front-line companies on both the indices during the day.
After lighting up the IPL for many years while playing for Sunrisers Hyderabad, it looks like David Warner will not play for the franchise again this season.
Testosterone not rationale is the driving force behind KGF franchise, observes Sukanya Verma.
In these pandemic stricken, music bereft times, what can be more joyous than a playlist of 25 golden melodies? Sukanya Verma curates one for you.
The IMF on Tuesday cut India's economic growth forecast by 0.5 percentage points to 9 per cent for the current fiscal year, with its chief economist Gita Gopinath saying that the slight downgrade is mainly due to the impact of the spread of the Omicron variant. "If you look at the 2021-22 fiscal year, we have a slight downgrade of -0.5 percentage points and for the next fiscal year 2022-23 we have a slight upgrade of 0.5 percentage points. So, growth for the previous fiscal year is now nine per cent and for this year now is at nine per cent. We moved it up slightly," Gopinath told reporters during a news conference in Washington. In its latest update of World Economic Outlook on Tuesday, the International Monetary Fund has cut India's economic growth forecast to 9 per cent for the current fiscal year ending March 31, joining a host of agencies which have downgraded their projections on concerns over the impact of the spread of Omicron on business activity and mobility.
Moody's expects tax to be lower than the multitude of taxes such as sales tax, excise duties, local taxes, and value-added taxes the automobile sector currently pays
Sunrisers Hyderabad coach Tom Moody has lauded David Warner for his "incredible" captaincy throughout the tournament.
Manjrekar agreed that match referee David Boon had no option but to allow India a concussion substitute.
While India is witnessing slowdown, many countries have not yet been able to come off the last decade's financial crisis.
The Indian economy remains on track to regain its position as the world's fastest-growing major economy after official estimates on Friday put the expansion at a tempered 9.2 per cent this fiscal amid concerns over the impact of a resurgent virus on the fragile recovery. The growth in the gross domestic product (GDP) of 9.2 per cent in April 2021 to March 2022 fiscal (FY 2021-22) given by the National Statistical Office (NSO) in its first advance estimate compares with 9.5 per cent expansion forecast by the Reserve Bank of India (RBI) last month. The economy had contracted by 7.3 per cent in the previous financial year.
Gandhi also attacked Prime Minister Narendra Modi over the economic situation in the country, saying the PM should get his head "out of the sand" to deal with the problem facing the country.
Seeking to shrug off the defeat in their IPL campaign opener against Royal Challengers Bangalore, Sunrisers Hyderabad would look to put their best foot forward in their match against Kolkata Knight Riders, coach Tom Moody said.
India was already in the midst of a protracted economic slowdown before the virus hit due to a festering crisis among shadow lenders and declining consumer demand and private investment. Service sector activity in India is still effectively on hold.
'China's investment destination image the world over has taken a beating, therefore investors feel India is a safe haven for investments.' 'FDI is at an all-time high in India.' 'Now after such poor ratings, this FDI amount will fall.' 'Therefore, I am saying these things are happening at China's behest.'
'This might be the last time we see Warner in the Orange Army.'
First coach Manhas remembers 17-year-old terrorising Ranji batters at nets
A bleak demand outlook for steel in the domestic as well as global market is also another reason Tata Steel may be looking to have additional liquidity as margins are expected to take a hit in the coming quarters.
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