Continuing the downward trend, retail inflation fell to a five-month low of 4.31 per cent in January, mainly due to a decline in the prices of vegetables, eggs, and pulses. The Consumer Price Index-based retail inflation was 5.22 per cent in December and 5.1 per cent in January 2024. The previous low inflation was in August 2024 at 3.65 per cent.
The government should provide home loan up to 25 lakh at a lower interest rate of 5 per cent to the people of the middle class, a prominent realtors' body appealed to the government against the backdrop of soaring home prices. G Hari Babu, president of the National Real Estate Development Council (Naredco), in an online interaction with Business Standard, said that the middle class in India accounts for roughly 30 per cent of the total population and is dependent on rental accommodation.
Countries like Qatar, and Saudi Arabia are also in the running for the 2036 Games hosting rights and it would take a significant effort from India to upstage their bids.
Manchester City clinched a 1-0 victory at Tottenham Hotspur, while Chelsea were held to a 0-0 draw at home by Aston Villa.
Simplifying investment policies at the micro level and introducing a time-bound framework will be critical for India's growth targets, notes Krishna Ella.
IMAGES from the Premier League matches played on Sunday
Images from English Premier League matches played on Sunday.
State Bank of India, Adani Ports, Tata Consultancy Services, ICICI Bank, Reliance Industries and PowerGrid were also among the laggards.
Rishabh Pant has been nominated for the prestigious Laureus World Comeback of the Year Award.
India's demographic advantage and diverse economic landscape position it uniquely to benefit from AI, the Economic Survey for 2024-25 tabled in the Parliament on Friday afternoon asserted. However, achieving these benefits requires significant investments in education and workforce skilling, supported by enabling, insuring, and stewarding institutions, the state of the economy report tabled by Finance Minister Nirmala Sitharaman said.
Tottenham Hotspur bolstered their hopes for a top-four finish and extended Chelsea's miserable run
Tottenham Hotspur beat Nottingham Forest 2-0 away with goals by Richarlison and Dejan Kulusevski for a second straight win that nudged them closer to the Premier League top four on Friday although they had midfielder Yves Bissouma sent off late on.
A surprise late night call from India captain Rohit Sharma alerted Shreyas Iyer about replacing Virat Kohli in Thursday's first ODI against England.
'Virat plans to move to London with his children and wife, Anushka Sharma.'
'If I'm playing Shah Rukh Khan's role, then of course, I would have loved to do it.'
Havells India, the country's largest listed consumer electrical company, reported a mixed performance in the 2024-25 (FY25) October-December quarter (Q3). While the top line benefited from festival demand, lower margins impacted operational performance.
One source, who recently spoke with the Prime Minister, said Trudeau understands the importance of making an announcement ahead of the caucus meeting to avoid the belief that he was ousted by his MPs.
The Budget assumes significance as it comes on the back of lower-than-expected growth numbers during the second quarter and geopolitical uncertainty.
In the shadows of a sliding rupee, India's knitwear hub Tiruppur is weaving a success story. While the domestic currency edges closer to the 86 mark against the US dollar, triggering concerns for many sectors, this textile town in Tamil Nadu is finding opportunity in adversity: Between April and December alone, Tiruppur's exports reached Rs 26,000 crore, almost eclipsing last financial year's total of Rs 30,690 crore.
The match was called off a day before the fixture after Spurs manager Antonio Conte said eight players and five members of staff had tested positive for COVID-19.
Growth in corporate profits needs to be commensurate with wages to boost the economy, Economic Survey 2024-25 said, noting that sharp disparities between the two pose risk to the economy by curbing demand. The document tabled in Parliament on Friday noted that while the labour share of GVA (gross value added) shows a slight uptick, the disproportionate rise in corporate profitsredominantly among large firmsaises concerns about income inequality.
'Going forward, the encouragement would be to move to the new tax regime.'
Gross GST collections grew 8.5 per cent to over Rs 1.82 lakh crore in November on account of increased sales spurred by the festive season.
Gold, a safe-haven bet, is likely to continue its record-smashing journey in the New Year, rising to Rs 85,000 per 10 grams and even Rs 90,000 level in domestic markets if geopolitical tensions and global economic uncertainties continue.
Sinner remains the man to beat at Melbourne Park even as doping officials seek a two-year ban for the world number one for failing two drugs tests last March.
Singh, who opened up the economy as finance minister and served as prime minister for two consecutive terms, died on Thursday at the age of 92. "History will forever honour his pivotal role in the transformative 1991 reforms that reshaped India and opened its doors to the world.
10 largecaps stocks which stand to gain from the Budget.
Following the lacklustre growth numbers in the second quarter (Q2FY25), economists believe the upcoming Union Budget for 2025-26 should focus on reforms that will stimulate consumption, manufacturing and spur employment. India's growth unexpectedly slowed to 5.4 per cent in the second quarter, due to low capital formation, weak consumption, besides adverse weather impact.
City slumped to a fourth consecutive loss in all competitions with a 2-1 defeat at Brighton & Hove Albion in the Premier League on Saturday
The win leaves United in 15th place in the Europa League standings on six points from four games.
The China threat continues to resonate in the strategic partnership between India and the USA, points out Rup Narayan Das.
'You don't realise your life has changed in just three days.' 'It's when you come back to the city that it starts hitting you but you now have the power to manage the challenges Life throws at you.'
Suchir Balaji, a 26-year-old Indian-origin former employee of OpenAI, was found dead in his San Francisco apartment on November 26. The medical examiner's office ruled the death a suicide, and police say there is no evidence of foul play. Balaji was known for publicly accusing OpenAI of violating US copyright law while developing ChatGPT, a generative AI program that has become a global sensation. His death comes amid a wave of lawsuits against OpenAI from creators who claim their copyrighted material was used without permission to train ChatGPT.
Images from the English Premier League matches played on Saturday.
The Reserve Bank of India's (RBI's) record surplus transfer to the government has raised hopes among bond traders that the government might reduce its gross borrowing for the current financial year (2024-25/FY25) by up to Rs 1 trillion. The RBI approved a dividend of Rs 2.11 trillion for the central government for 2023-24, marking an increase of roughly 141 per cent from 2022-23 (FY23). In addition, the contingency risk buffer has been raised to 6.5 per cent from the previous 6 per cent.
Mohammed Siraj charges down the wicket towards his teammates, without checking the umpire's decision when he thinks that he has got a batter out, said former Australia captain Mark Taylor.
Images from the English Premier League matches played on Saturday.
Naval assets take years to build, and therefore, not only is futuristic force planning essential, but indigenous projects must also be put into the pipeline, technologies developed and contracts for assets signed regularly so that the Indian Navy always remains a future-focussed force, asserts Vice Admiral Biswajit Dasgupta (retd).
IMAGES from the Europa League matches played on Thursday
IMAGES from the English Premier League matches played on Wednesday
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