23 wickets and several records fell on the opening day of the second and final Test in Cape Town on Wednesday.
Berger Paints, the country's second-largest decorative paint maker, continued to outperform its peers and gain market share in the 2023-24 (FY24) October-December quarter (third quarter, or Q3). The company posted a consolidated revenue growth of 7 per cent compared to the year-ago quarter, surpassing Asian Paints (5.4 per cent) and Kansai Nerolac Paints (5.7 per cent).
The daily positivity rate was recorded at 4.39 per cent and the weekly positivity rate was pegged at 5.1 per cent.
Images from Day 2 of the fourth Test between India and England in Rajkot on Saturday, February 24.
The Street's optimism on India's largest listed automotive maker by market capitalisation is not misplaced, given the robust wholesale performance in recent months and the strong 2023-24 (FY24) October-December (Q3) results.
However, finding the funds to fulfill them will be a herculean task.
India wicketkeeper batter Richa Ghosh on Friday said playing as per merit of the ball and being judicious helped the hosts gain advantage over Australia in the ongoing one-off Test in Mumbai.
Neither the BJP, nor the Congress before it, made any manifesto commitments on defence spending, even though allocations have plummeted from 4 per cent of gross domestic product (GDP) in the late 1980s to less than 2 per cent today, points out Ajai Shukla.
The death toll has increased to 5,31,369 with 24 deaths, which includes nine reconciled by Kerala, the data updated at 8 am stated.
Moody's Investors Service on Wednesday raised India's economic growth estimate for 2023 to 5.5 per cent from 4.8 per cent pegged earlier, on the back of a sharp increase in capital expenditure in the Budget and a resilient economic momentum. It however revised downwards India's growth estimate for 2022 to 6.8 per cent from 7 per cent pegged in November last year. In its February update to Global Macro Outlook 2023-24, Moody's raised the baseline 2023 real growth projections "meaningfully" for several G20 economies, including the US, Canada, the Euro area, India, Russia, Mexico, and Turkiye, accounting for a stronger end to 2022.
A career-best unbeaten 92 from new captain Mitch Marsh propelled Australia to a comprehensive 111-run victory over hosts South Africa in the first Twenty20 International in Durban on Wednesday.
The daily positivity was recorded at 2.61 per cent while the weekly positivity was pegged at 1.91 per cent.
India has recorded 9,111 new coronavirus infections, while active cases have increased to 60,313, according to the Union health ministry data updated on Monday.
India logged 157 new coronavirus infections, while the active cases increased to 1,862, according to the Union health ministry data updated on Friday.
The government's ambitious vision document that aims at achieving electronics manufacturing with a value of $300 billion by FY26 (including exports of $105-130 billion) could end up far lower than the target, according to a reality check this month. The reality check came from the Indian Cellular and Electronics Association (ICEA), which partnered with the government in preparing the document. The members of the ICEA are mobile and electronics companies, and its assessment, based on current trends, indicates that the total electronics production in FY26 will be around $225 billion.
Nirma has roped in BCG and KPMG to advise it on the fundraising options for the acquisition. The company had earlier informed banks that it would raise Rs 5,000 crore to Rs 7,000 crore in the current financial year for the acquisition. Bankers said the company will rely on its funds and future GLS dividend to repay its debt for acquisition.
Tushar Deshpande and Shardul Thakur starred with the ball to put Mumbai on top following a meek display from Tamil Nadu on the opening day of their Ranji Trophy semi-final.
The world has recognised India as a bright star as the country is recording healthy economic growth despite global uncertainties, finance minister Nirmala Sitharaman said on Wednesday. India's growth at 7 per cent in the current fiscal is the highest among major economies and the Indian economy is on the right track, she said in her Budget speech.
The daily positivity rate was recorded at 6.91 per cent while the weekly positivity rate was pegged at 3.67 per cent.
On food inflation, RBI said it is likely to soften from the high levels registered in December and the decline is expected to become more pronounced during the fourth quarter of this fiscal as onion prices ease following arrivals of late kharif and rabi harvests.
A spirited Afghanistan upset Sri Lanka by seven wickets to continue their memorable campaign at World Cup 2023.
The pre-Budget Survey said for wealth to be distributed, it first has to be created and called for looking at wealth creators with respect. The Survey said government interventions seem to be ineffective in stabilising prices of commodities such as onions.
According to insiders, their lack of enthusiasm is showing on the ground. There is nothing to suggest that their enthusiasm will return in the final four phases of polling, observes N Sathiya Moorthy.
The total number of unique investors directly investing in the stock market has surged to 80 million for the first time, with the latest 10 million additions taking place in just eight months, according to data shared by the National Stock Exchange (NSE), the country's largest bourse. "The 80 million unique PAN (permanent account number) investors correspond approximately to around 50 million unique households in India amounting to around 17 per cent households directly investing in the Indian stock market via NSE's extensive nationwide network of trading members," said the exchange. In 2021, the number of domestic households were pegged at 300 million.
A total of 2,208 cases were recorded on October 28 last year.
India logged 1,890 new coronavirus cases, the highest in 149 days, while the active cases increased to 9,433, according to the Union health ministry data updated on Sunday.
The death toll due to the viral disease has gone up to 5,30,824 with six more fatalities -- three reported from Maharashtra and one each recorded in Karnataka, Rajasthan and Uttarakhand, according to the ministry's data updated at 8 am.
The major highlights from the deadline day as teams announced their retention list for IPL 2024.
Fund managers of large-cap and equity-linked saving schemes (ELSS) have demonstrated a marked improvement in their performance over the past year, according to the latest SPIVA (S&P Indices Versus Active) report released by S&P Dow Jones Indices. In the one-year period ending June 2023, 17 per cent of active large-cap schemes outperformed the S&P BSE 100, compared to just 9 per cent at the end of June 2022. In the case of ELSS, there was a sharp improvement in performance, with 66 per cent of active schemes delivering better returns than the benchmark S&P BSE 200.
India logged 1,300 new coronavirus cases, the highest in 140 days, while the active cases have increased to 7,605, according to the Union health ministry data updated on Thursday.
The death toll rose by three to 5,30,753 with Uttar Pradesh reporting two fatalities and West Bengal recording one, the data updated at 8 am stated.
The country's real GDP growth in the first quarter will be better than the Reserve Bank's estimate of 8 per cent, economists said on Tuesday. Economists at the country's largest lender SBI pegged the growth at 8.3 per cent while domestic rating agency Icra estimated it to come even higher at 8.5 per cent. The Reserve Bank of India (RBI), which expects the GDP to grow at 6.5 per cent in FY24, has estimated a growth of 8 per cent in the April-June period.
The initial public offering of the country's largest insurer LIC will open on May 4 and close on May 9, sources said. The IPO, through which the government will sell 3.5 per cent stake in state-owned Life Insurance Corporation (LIC), will fetch Rs 21,000 crore to the exchequer. The IPO values LIC at Rs 6 lakh crore.
Foreign brokerage Goldman Sachs on Monday said it expects new Finance Minister Arun Jaitley to peg the fiscal deficit target for FY15 at 4.3 per cent, up from the 4.1 per cent stated by his predecessor P Chidambaram.
India failed miserably in all departments of the game as they suffered a comprehensive 38-run defeat against England in the first T20I of the three match series in Mumbai on Wednesday.
The toll has climbed to 5,31,091 with 27 deaths recorded in the last 24 hours.
A total of 3,375 cases were recorded on October 2 last year.
Jia Min was happy to execute her plan but acknowledged that her opponent was not at her best shape.
While three deaths each were reported from Delhi and Rajasthan, two each were from Chhattisgarh and Punjab and one each from Himachal Pradesh, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Odisha, Puducherry, Tamil Nadu, Uttarakhand and Uttar Pradesh besides nine reconciled by Kerala, the data updated at 8 am stated.
Rise in input costs, inventory write-off, and pricing pressures led to a drop in gross margins. Higher competitive pressures led to cuts in operating profit margins and earnings estimates for FY24 and FY25. Most brokerages have a 'neutral' or a 'reduce' rating on the stock on account of valuations.
