The China threat continues to resonate in the strategic partnership between India and the USA, points out Rup Narayan Das.
With high credit growth and healthy asset quality, listed commercial banks are expected to report steady growth in earnings during the fourth quarter ended March 2024 (Q4 FY24). Profits are expected to grow at 9.6 per cent year-on-year (Y-o-Y) and net interest income (NII) by 8.7 per cent in Q4 FY24, according to Bloomberg analysts' estimates. According to Motilal Oswal Securities, while bank credit growth has been robust, deposit growth has also gathered pace.
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).
'He pursued it, practised hard at it and continued to look for new things as his career progressed, to keep up with the times.'
Images from the English Premier League matches played on Saturday.
Gareth Bale returns to his former club on a one-year loan deal, with British media reporting that Tottenham Hotspur will pay 20 million pounds ($25.8 million) in wages and fees for the 31-year-old Wales forward.
Images from Sunday's action in the Premier League.
The Argentine was let go six months after he led the club to the Champions League final and after more than five years in charge. Spurs appointed former Manchester United manager Jose Mourinho as his replacement on Wednesday.
Kerala Blasters FC secured a memorable 2-1 victory over Mohammedan SC in the Indian Super League in Kolkata on Sunday.
China has approved the construction of the world's largest dam on the Brahmaputra River in Tibet, close to the Indian border. The USD 137 billion project, which is expected to dwarf even China's own Three Gorges Dam, has raised concerns in India and Bangladesh, the downstream riparian states. Concerns in India are centered around China's potential to control water flow, potentially enabling the release of large amounts of water to flood border areas in times of hostilities. The dam is part of China's 14th Five-Year Plan, and the Chinese government claims that the project is safe and prioritizes ecological protection.
Indian club East Bengal produced an utterly dominant show to crush Bangladesh's Bashundhara Kings 4-0 in their AFC Challenge League match in Thimphu on Tuesday.
Leading FMCG firms reported a nearly two-fold increase in the share of quick commerce within their total e-commerce sales, and this surge is anticipated to continue, said a joint report by Deloitte and industry body FICCI. Quick Commerce, also known as hyperlocal delivery, is now reaching around 35 per cent of online sales and has become a preferred channel for urban consumers. "About 18 per cent of consumers prefer purchasing food and beverage items from Q-commerce channels.
Manchester City thrashed West Ham United 4-1 in the Premier League on Saturday to claim their first back-to-back wins since October.
Manchester City have now won only once in 11 games in all competitions.
Images from Sunday's action in the English Premier League.
United are 13th in the Premier League table and following a 1-1 draw with Dutch side Twente Enschede in the first Europa League match, Ten Hag said speculation about his job was inevitable.
Fulham fought back from a goal down to claim a 2-1 win over Arsenal on Sunday when strikes from Raul Jimenez and Bobby De Cordova-Reid foiled Bukayo Saka's early goal.
Chennaiyin FC rode on super sub Chima Chukwu's late strike to come from behind and hold FC Goa to an exciting 2-2 draw.
Edinson Cavani and Anthony Martial struck late goals as Manchester United claimed a scrappy 2-0 victory over Everton at a bitterly cold Goodison Park,
The paint sector is seeing heightened competition with the entry of deep-pocketed groups like Aditya Birla and JSW. However, some brokerages see an opportunity in select stocks.
Condolences have poured in from across the globe, including from the United States, Canada and Sri Lanka following the demise of former Prime Minister Manmohan Singh.
Police said 52 people have been arrested following Wednesday night's incidents and prohibitory orders preventing the assembly of more than four people have been imposed in Nagamangala town in Mandya district till September 14 as a precautionary measure.
The first few months of this season have been disappointing, as Spurs have won only three of their opening 12 Premier League games and are in 14th spot. They were also thrashed 7-2 by Bayern Munich in the Champions League and knocked out of the League Cup by fourth-tier Colchester United.
'The economy is clearly at a very soft spot, and earnings growth is disappointing every day.' 'After three great years, the Indian economy has hit a rough patch.'
High drama ensued during the English Premier League matches on Wednesday as Spurs manager Jose Mourinho was booked while Brighton stunned Chelsea via Alireza Jahanbakhsh's superb equaliser to deny the Blues victory. Here is all the EPL action in IMAGES from Wednesday's matches.
Simultaneous polls will help save resources, spur development and social cohesion, deepen "foundations of democratic rubric" and help realise the aspirations of "India, that is Bharat", the panel had said.
Lewis Hamilton revealed he is a big Arsenal fan and 'has been waiting for' them to win the Premier League (PL) for his whole life.
Manchester City moved 11 points clear at the top of the English Premier League after a last-gasp goal from Rodri gave them a 2-1 victory at fourth-placed Arsenal on Saturday in a controversy packed game at the Emirates stadium.
To mark World Mental Health Day, English footballer Connolly opens up about alcoholism, rehab
Belgian league leaders Antwerp secured a shock 1-0 win over Tottenham Hotspur and AC Milan extended their unbeaten run to 23 games as they won 3-0 against Sparta Prague in the Europa League on Thursday, while Arsenal cruised to a 3-0 win over Dundalk.
IndusInd Bank, Suzlon, and Paytm will remain under focus, as the stocks are pegged to get added to the MSCI global standard index. These stocks, along with six others, are seen attracting cumulative inflows of nearly $2 billion from passive funds tracking MSCI indices. Persistent Systems, APL Apollo, Polycab, Macrotech Developers, Tata Motors DVR, and Tata Communication are the other six stocks that will be added to the MSCI index, shows an analysis done by Nuvama Alternative & Quantitative Research.
'I never expected a very easy run for me. I know that we lost in Sri Lanka and against NZ and it is not a good place to be. All we can do is keep working hard and we will try winning every game that we play to represent the country.'
The government will provide Rs 11.11 lakh crore for capital expenditure for 2024-25 and introduce viability gap funding to spur private investment in infrastructure, Finance Minister Nirmala Sitharaman said on Tuesday. Presenting the Union Budget for FY2024-25, she said that the government will endeavour to maintain strong fiscal support for infrastructure over the next five years, in conjunction with imperatives of other priorities and fiscal consolidation.
India has reduced the time period for foreign investors to seek international arbitration from five years to three years as part of the recently signed investment pact with the United Arab Emirates (UAE), a departure from its model Bilateral Investment Treaty (BIT). Under the Investor-State Dispute Settlement (ISDS) mechanism, if the Indian judicial system is unable to resolve a dispute within this shortened period, investors can resort to international arbitration. The investment pact, signed on February 13 in Abu Dhabi, came into force on August 31, replacing the previous pact.
A summary of Sunday's action in the Premier League.
Mohamed Salah scored a late equaliser from a penalty kick as Liverpool escaped Old Trafford with a single point in a 2-2 draw with Manchester United to climb to even on points with Premier League leaders Arsenal.
Harry Kane headed in a last-gasp equaliser to earn Tottenham Hotspur a barely-deserved 2-2 draw in a feisty Premier League derby at Chelsea that ended with both managers being shown red cards after the final whistle on Sunday.
Tottenham Hotspur beat hosts Borussia Dortmund 1-0 on Tuesday thanks to a clinical Harry Kane finish, to stroll into the Champions League quarter-finals for only the second time in their history with a 4-0 aggregate victory.
Everton and Manchester United drew 1-1 at Goodison Park in the Premier League on Sunday in an enthralling game which ended with late VAR drama.
The US Federal Reserve's interest rate decision is the biggest event that would drive sentiments in the domestic stock market this week, besides a host of macroeconomic data from the global front and trading activity of foreign investors, analysts said. The Indian equity market had an exceptional last week, with both the Nifty and Sensex hitting their all-time high levels on Thursday.
