Stocks of alcoholic beverage makers have corrected over the last few trading sessions on worries that taxes, competition and costs will hurt sales and profitability. The recent trigger for the decline is Karnataka, which accounts for 15 per cent of overall liquor consumption, increasing duties. The state increased by 20 per cent the additional excise duty on Indian-made foreign liquor (IMFL) on all slabs.
The Maa Bharati Ke Sapoot Web site (www.maabharatikesapoot.mod.gov.in) will enable citizens to contribute to the Armed Forces Battle Casualties Welfare Fund
The results for bypolls to seven assembly seats in six states will be declared on Friday in what is being seen as a major test for the opposition's Indian National Developmental Inclusive Alliance against the Bharatiya Janata Party-led National Democratic Alliance ahead of the polls in five states later this year and Lok Sabha elections in 2024.
The seven seats -- Bageshwar in Uttarakhand, Ghosi in Uttar Pradesh, Puthuppally in Kerala, Dhupguri in West Bengal, Dumri in Jharkhand, and Boxanagar and Dhanpur in Tripura -- went to poll on September 5.
The first-quarter performance of top IT services players, as well as mid-cap firms, has been subdued, reflecting macro uncertainties. The numbers of the top four firms show several misses, hinting at difficult times ahead. One mismatch is the total contract value (TCV) signed by the firms and the revenue growth registered.
Amruta Fadnavis told the bookie that she will go through the cases and then talk to Devendra Fadnavis, who also holds the home portfolio.
The rise in consumer price index (CPI) inflation could see the Reserve Bank of India (RBI) in an extended pause mode as regards interest rates, and in turn, keep the market rally in check, believe analysts. Signs of inflation cooling off in the US, however, is likely to provide some cushion as the expectations of a change in stance by the US Fed as regards interest rates is likely to aid sentiment. Back home, CPI inflation surged for the first time in five months to 4.81 per cent in June 2023, and was higher than the street's expectations of 4.58 per cent.
Addressing party workers, Thackeray claimed Mufti told him that the BJP's alliance with the PDP was on the condition that Article 370, which provided special status to Jammu and Kashmir, won't be abolished.
The bypoll on September 5 is also a litmus test for all three political outfits, with the BJP hoping to check its erosion in its vote share and retain the seat, the TMC aiming to wrest the tribal-dominated assembly segment and the CPI(M)-Congress alliance hoping to regain its traditional seat.
'Milkha Ji continues to improve and his condition is stable. Mrs Nirmal Milkha Ji is stable and continues to battle hard.'
Notwithstanding the fact that the country's pharmaceutical (pharma) pricing regulator has allowed a 12 per cent price increase for medicines listed under the National List of Essential Medicines (NLEM) in 2023, analysts and industry insiders predict that the overall domestic pharma industry will only witness a price hike of 5-6 per cent. This is attributed to higher competitive intensity in the market. Krishnakumar V, executive director and chief operating officer (CEO) of Eris Lifesciences, a domestic-focused pharma company, noted that the NLEM segment experienced growth suppression of around 150 basis points due to price reductions during the January to July period this year.
The police produced Aniksha before sessions court judge D D Almale at the end of her previous remand.
Espousing an aggressive pro-backward and Dalit stance synchronising with the Maurya controversy, the SP has thrown down the gauntlet with Akhilesh upping the ante on the burning topic, reports Virendra Singh Rawat.
Notwithstanding lower growth rates recorded in the first quarter (Q1) of 2023-24 (FY24), which spanned from April to June, footwear stocks have seen some gains in the past two trading sessions. Bata India saw an increase of approximately 5 per cent, driven by positive expectations surrounding a potential tie-up in the sports/athleisure segment. This development is viewed favourably due to the segment's higher growth rates.
Ananya catches up with the Thakur girls... Priyanka takes a selfie... Akshay says hello...
Anil Kapoor invited his friends and colleagues from the film industry to celebrate his 66th birthday on December 24 at his home.
The stock of two wheeler maker Eicher Motors was the highest gainer among BSE 100 stocks, rising 6.6 per cent in trade on Friday. The gains came on the back of better than expected performance in the March quarter of the 2022-23 financial year (Q4FY23) and earnings upgrades by brokerages. Standalone revenues (Royal Enfield) were up 19.9 per cent year-on-year (YoY), led by an 18 per cent growth in volumes and a marginal uptick in realisations.
rivals Congress, JMM and TMC and Samajwadi Party.
The local train traffic on the Central and Western Railway routes was mostly normal though the trains were running a few minutes late, railway officials said.
A total of 13 functionaries from the Tamil Nadu unit of the Bharatiya Janata Party on Wednesday quit the party to join its alliance partner the All India Anna Dravida Munnetra Kazhagam (AIADMK).
'How do you stay so energised? So young?' 'Dev Anand flashed that familiar crooked grin and told me, "The mind never grows old. It urges you to surge ahead".'
Shares of Infosys hit a five-month low of Rs 1,419.60, down 1 per cent on the BSE in Tuesday's intra-day trade. The stock was quoting at its lowest level since October 10, 2022. In past two days, the stock of information technology (IT) bellwether was down 4 per cent after the company on Saturday informed to the stock exchanges that Mohit Joshi, president of the company has resigned effective March 11, 2023. Mohit Joshi will be on leave thereafter and his last date for the company would be June 9, 2023, Infosys said in an exchange filing.
The retail industry witnessed robust top-line growth for the greater part of the previous financial year, but demand has started to show signs of fatigue seen in the January-March quarter (fourth quarter, or Q4) of 2022-23 (FY23), especially in the apparel and innerwear segments. Jewellery, however, has managed to hold on to demand in the quarter. "In the discretionary space, demand moderation in urban markets is expected to impact the quick-service restaurant and apparel categories the most, while paint, luggage, and jewellery should see resilient growth," Systematic Institutional Equities observed in its preview of the sector.
The Delhi high court has allowed a 16-year-old girl, an alleged sexual assault victim, to undergo termination of nearly 24-week pregnancy after her father, who earlier consented to the minor's abortion, did not come forward to sign the consent form.
I binged on various shows this year -- some for work, some for pleasure, few I couldn't spare time for, others I didn't have access to while some started out fabulously only to fizzle towards the end.
Despite gold prices hitting record highs, analysts aren't gung-ho about the outlook for gold financiers Muthoot Finance and Manappuram Finance. This, they said, was due to intense competition from banks, coupled with stagnating loan books and likely pressure on margins.
Jehanabad: Of Love And War authentically captures Bihar's political skullduggery and caste violence, observes Deepa Gahlot.
India finished sixth overall across the two heats with Botswana 3:05.11s being the quickest.
The dream-run in railway stocks may soon run out of steam, caution analysts. The rally, which has lasted nearly a year, may meet time-wise correction post the Union Budget announcements as investors begin scalping profits. "There is going to be a build-up in expectations for the sector from the Union Budget, which is still two-odd months away.
And it was this lifestyle that he was banking on to recover.
British Prime Minister Rishi Sunak and his wife Akshata Murty have made their debut on the UK's 'Asian Rich List 2022' topped by the Hinduja family. Sunak and his wife, whose father N R Narayana Murthy co-founded Indian IT major Infosys, are ranked 17th on the list, with an estimated wealth of 790 million pounds. The combined wealth of this year's list sits at 113.2 billion pounds, an increase of 13.5 billion pounds over that of last year.
Legendary Indian sprinter Milkha Singh and his wife Nirmal Kaur are 'stable and improving', the hospital in Mohali, where the couple is currently undergoing treatment after testing positive for COVID-19, said on Thursday.
Olympic champion Neeraj Chopra will continue to train with his German coach, Klaus Bartonietz, whose contract has been extended till the 2024 Paris Games, the Athletics Federation of India confirmed on Sunday.
His COVID positive wife Nirmal Kaur (82), however, "continues to battle it out bravely," according to the spokesperson.
Milkha was on Monday admitted to the ICU after testing positive for the virus last Wednesday. He was diagnosed with "COVID pneumonia" on the same day of his admission.
The government has decided to name 21 uninhabited islands in the Union territory of Andaman & Nicobar after recipients of Param Vir Chakra, the country's highest wartime gallantry award.
'India has formed tremendous resilience and still a strong growth.'
The AIADMK is convinced that the BJP will remain an electoral burden for a long time to come, beginning the Lok Sabha polls next year, reveals N Sathiya Moorthy.
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