India figured out England's general "ineptitude against spin" after the second Test in Chennai which created panic in the visiting team ranks, triggering a batting collapse during their loss in the pink ball third Test in Motera inside two days, former Australia captain Ian Chappell said.
'Indian macro conditions have never been better, and many businesses will safely compound earnings over the next five years.'
Bajaj Finance was the top laggard in the Sensex pack, skidding over 2 per cent, followed by Kotak Bank, Nestle India, HDFC, M&M and ICICI Bank. ONGC was the top gainer, rallying around 8 per cent. NTPC, Asian Paints, Tech Mahindra, PowerGrid and IndusInd Bank were among the other winners.
With exporters' claim for over five months still pending, liquidity has been wiped out and the process of finalising new contracts has been held up.
The Securities and Exchange Board of India (Sebi) has introduced an optional T+1 settlement cycle for the markets. T+1 means that settlements will have to be cleared within one day of the actual transactions taking place. The regulator has put the onus on the stock exchanges to decide whether they want to opt for the shorter settlement cycle for any of the listed scrips. This can be done after giving a one-month prior notice to all stakeholders.
Ultra-long term equity investments have been a lot more rewarding than debt, a study published by Credit Suisse Research Institute in collaboration with London Business School shows. "Over the last 121 years, global equities have provided an annualised real return (in dollar terms) of 5.3 per cent versus 2.1 per cent for bonds," shows the study, which has looked at returns for 23 countries since 1900. In the Indian context, equity returns are even more favourable. Since 1953, equities have generated annualised returns of 6.5 per cent and government bonds only 0.4 per cent.
Snow blankets Games, delays Gu's return to competition
Asian Paints was the top loser in the Sensex pack, dropping 2.16 per cent, followed by Axis Bank, Bajaj Auto, SBI, NTPC and Bajaj Finance.
DDCA joint secretary Rajan Manchanda, the only active office-bearer in the absence of president and secretary, has given instruction to shut down Kotla till further notice as multiple employees will now have to go for quarantine and contact tracing needs to be done.
Organisers have already banned overseas spectators and set a cap on domestic spectators at 50 per cent of capacity
Another downgrade for Tokyo Olympics that have their pomp and public spectacle overshadowed by COVID-19
The Taliban have been known for using violence to force the people to accept their agenda and views, he added.
Long work hours can increase risk of alcohol abuse, a study has revealed.
Novak Djokovic decided to travel to New York for the US Open amid the COVID-19 pandemic because the 17-time Grand Slam champion did not want to pass up on the opportunity to close in on Roger Federer's record tally of 20.
Varun was all but locked in to play Harshad Mehta by Paresh Rawal. But the script for the bio-pic was stuck. They finally had to scrap the idea.
IMAGES from Day 2 of the 2022 French Open at Roland Garros in Paris on Monday.
Pakistan had been reduced to 76 for five in their second innings as South Africa's spinners made inroads through the top order having been bowled out for 201 in another shambolic display with the bat.
A total of 35 persons have been arrested by the CGST authorities.
However, Vaughan did not find any merit in the suggestion.
Argentine soccer great Diego Maradona is in recovery after a "successful" surgery to treat a subdural hematoma, a blood clot on the brain, a source close to the former World Cup winner said late on Tuesday.
The study, published in the journal JAMA, found that by the end of 60 days, the COVID-19 patients' overall risk of readmission or death was lower than that for the other two serious conditions.
With inflation under control, the Monetary Policy Committee's (MPC's) job is to support growth because the economy had recovered well from the lows in the initial months of the pandemic, according to the panel's members, who met in the first week of this month. The minutes of the meeting show the Reserve Bank of India (RBI) governor in his statement said: "Given the sharp moderation in inflation along with a stable near-term outlook, monetary policy needs to continue with the accommodative stance to ensure that the recovery gains greater traction and becomes broad-based." Ashima Goyal, external member of the MPC, said: "The current macroeconomic configuration and its expected future evolution imply there is space for the MPC to continue to support the revival of the economy with inflation remaining in the target band."
'With Punjab and Kashmir in flames, it would not have been politically wise to alienate the West.' 'It would have inclined Western countries towards Pakistan.' 'It would have been a self-goal.'
In 2017, a consortium led by Russian state oil company Rosneft agreed to buy Essar Oil for $12.9 billion in India's biggest foreign acquisition of a homegrown company. Rosneft's buyout of Essar's assets was meant to herald a wave of energy investments in India - over six decades after Esso, Caltex and Shell invested in India's refining sector in the 1950s. But the government has tripped up in its efforts to sell Bharat Petroleum Corporation Ltd (BPCL), formerly Burmah Shell, a blue chip public sector company. Bidders include a couple of global funds and resources firm Vedanta.
If a retail investor wants exposure to a healthcare ETF, it should be a part of his satellite portfolio, suggests Sanjay Kumar Singh.
Markets regulator Sebi on Monday imposed a penalty of Rs 25 crore on Yes Bank in the matter of misselling the lender's AT-1 bonds few years ago. Besides, the watchdog has imposed a fine of Rs 1 crore on Vivek Kanwar, who was the head of the private wealth management team, and Rs 50 lakh each on Ashish Nasa and Jasjit Singh Banga. The two individuals were part of the private wealth management team at the time of violation. They need to pay the penalty within 45 days, Sebi said in its order.
Russia and China have a broad consensus today on almost all core issues related to global strategic stability, which is unprecedented in modern history, observes Ambassador M K Bhadrakumar.
Smaller stocks continue to shine at the bourses. The BSE MidCap index is up 18 per cent since the beginning of January this year against a 5 per cent rise in the Sensex during the period. With the current rally, the mid-cap index has doubled in value since the end of March 2020 against a 70 per cent rally in the Sensex during the period. On Tuesday, the mid-cap index closed at 21,232, as compared to 17,941 at the end of December 2020. In the same period, the benchmark index moved from 47,751 to 50,193.
The global recovery is expected to be asynchronous and divergent between advanced and emerging market economies, the IMF said on Tuesday, noting that policymakers should take early action and tighten selected macroprudential policy tools while avoiding a broad tightening of financial conditions. "Extraordinary policy measures have eased financial conditions and supported the economy, helping to contain financial stability risks," the International Monetary Fund (IMF) said in its Global Financial Stability report released ahead of the Spring meeting of the global lender and the World Bank. However, actions taken during the pandemic may have unintended consequences such as stretched valuations and rising financial vulnerabilities, it said.
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Alcohol sales have been restricted in and around Tokyo after health officials warned drinking would encourage close contact, loud speaking and mingling in bars that could help spread the virus.
Sri Lanka beat India by four wickets to draw level in the three-match series.
Deputy director for the People's Liberation Army Office for International Military Cooperation Major General Huang Xueping held a video conference with his US counterpart Michael Chase last week.
'Gold could benefit from the resulting risk aversion, as happened last year.'
Small-cap funds have enjoyed a massive run-up over the past year. The category has turned in an average return of 109 per cent - the best-performing fund has yielded a humongous 201 per cent. Many investors, however, are concerned whether the category has turned risky after such a sharp rise.
'You should always maintain an allocation to gold as it has the ability to counterbalance any correction in the equity market.'
'Slower-than-anticipated recovery can be a bigger risk this time than a liquidity-driven event -- at least for India.'
Laxmi Sorte and Kaustav Ghosh are on a 101-day road trip across India to support and encourage local businesses affected by the pandemic.