Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday reported a 12 per cent rise in December quarter net profit on improving oil-to-chemical business, strong continued momentum in retail and steady telecom unit Jio.
India's manufacturing sector activity strengthened in December, with manufacturers stepping up production and input buying amid efforts to rebuild their inventories following business closures earlier in the year, a monthly survey said on Monday. The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI) was at 56.4 in December, a tick higher than November's reading of 56.3 and above the critical 50 threshold for the fifth straight month. In PMI parlance, a print above 50 means expansion, while a score below that denotes contraction.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Sadananda Gowda, the minister, also Bengaluru North MP, drove off in an official car with out undergoing institutional quarantine as mandated by the Karnataka government for air travellers coming from high COVID-19 prevalence states after arriving by a commercial airline flight, services of which resumed after two months.
Emotions ran high as the villagers demanded that the plant be shut down immediately as it completely ruined their lives.
... As the world swings from 'financialisation' to 'artificial intelligence', asks Ajit Balakrishnan.
The entire world is taking up the habit of 'namaste', Modi said.
'There is no shortage of any APIs (active pharmaceutical ingredients) in the country'
'We urge the government to have discussions with private labs on the actual cost of running a test.'
Three stockmarket experts give their best picks for the New Year.
Around 75 per cent, or 372 stocks, that are part of the BSE500 are trading at least 10 per cent below their all-time high levels, despite the index hitting a record high 20,515 points on the BSE in intra-day trade on Wednesday, surpassing its previous high of 20,390 touched in March 12. The index, which accounts for 93 per cent of BSE listed companies' market capitalisation, has gained 8 per cent from its recent low of 18,983, touched on April 19. In comparison, the benchmark S&P BSE Sensex gained 6 per cent over the same period, but is still nearly 4.5 per cent away from its all-time high of 52,517 that it hit on February 16.
'How can we forget the hoax perpetrated on the UN and on all of us when it was stated in the security council, no less, that Iraq had nuclear weapons?' recalls Ambassador B S Prakash.
'When human beings develop these dangerous toys and leave their control in the hands of aggressive megalomaniac politicians, the threat of a nuclear holocaust is always lurking on the horizon.'
She faced off against former disciple-turned-defector Suvendu Adhikari in a very different contest. It's not land acquisition, but an ego clash that has acquired, tragically, communal overtones, explains Kanika Datta.
President Barack Obama and his cabinet colleagues reached out to key allies of the US before a possible military strike against the regime of Syrian President Bashar al-Assad.
The death toll in twin explosions in this Chinese port city of Tianjin on Saturday rose to 85 amid protests from frustrated relatives of the missing fire fighters demanding answers on their loved ones' fates as specialised anti-chemical warfare soldiers recovered one survivor.
Though a pyrrhic victory for the BJP, the party he chose to align himself against his former mentor Banerjee, it nevertheless is being seen as a morale booster for the saffron party as his former party, the Trinamool Congress under Banerjee's leadership, has garnered an overwhelming 213 seats out of 292 seats which went to polls.
Dutt, along with about 200 'black cats' commandos, had boarded an IL-76 aircraft of the Aviation Research Centre (ARC) to fly the first batch of the counter-terrorist strike force to Mumbai soon after the western metropolis reported multiple shootouts and public killings in the night of November 26, 2008.
A large voter turnout of more than 80 per cent despite sporadic incidents of violence and allegations of vote fraud on Thursday marked the second phase of West Bengal assembly polls.
A study by researchers from the Indian Institute of Technology Bombay found that a droplet remains liquid for a much shorter time on a porous surface, making it less favourable to the survival of the virus.
The prime minister is likely to talk about its possible extension.
Russia and the US began second round of negotiations on securing Syria's chemical arsenal, hoping the high-stakes talks would lead to broader peace efforts, even as Damascus submitted application to UN for joining the chemical weapons convention.
Trump said that America's relationship with Russia 'may be at an all-time low', but he hoped that it would have been wonderful if the two countries could get along.
Fitch Ratings has upgraded Reliance Industries Ltd's (RIL) rating to 'BBB', one notch above India's sovereign rating, as the company benefits from cash flow generation across diversified business segments and continuation of deleveraging. In a statement, Fitch said it has upgraded RIL's long-term foreign-currency issuer default rating (IDR) to 'BBB', from 'BBB-', with a negative outlook. At the same time, the agency has affirmed RIL's long-term local-currency IDR at 'BBB+' with a stable outlook.
Fires are still burning at the site of the two massive explosions some 36 hours after the blasts as another 6,200 people were evacuated to prevent further casualties.
After recording positive growth in September, India's exports declined 5.4 per cent to $24.82 billion in October on account of dip in shipments of petroleum products, gems and jewellery, leather, and engineering goods. Trade deficit in October narrowed to $8.78 billion as against $11.76 billion, as imports also fell 11.56 per cent to $33.6 billion during the month under review.
India has flattened its Covid-19 graph and 146 districts have reported no new case of the viral disease in the last seven days, 18 in 14 days, six in 21 days and 21 districts in the last 28 days, Union Health Minister Harsh Vardhan said on Thursday.
As many as 20 central public sector enterprises and their units are at various stages of strategic disinvestment, while six are being considered for closure or are under litigation, Minister of State for Finance Anurag Singh Thakur said on Monday.
Sexual activity at least twice a week, a study has revealed, could be good for the heart.
North Korean leader Kim Jong-Un's half brother was assassinated with a lethal nerve agent manufactured for chemical warfare and listed by the UN as a weapon of mass destruction, Malaysian police said on Friday.
After missing two self-imposed deadlines, billionaire Mukesh Ambani's Reliance Industries Ltd on Friday announced recalibration of a proposed $15 billion deal to sell 20 per cent stake in its oil refinery and petrochemical business to Saudi Aramco, saying the two firms have agreed to re-evaluate the proposed investment in light of the Indian firm's new energy forays. The stake sale talks, which were first officially revealed in August 2019, are being reset in light of Reliance making forays into new energy business in recent months by investing $10 billion in alternative energy over three years. To pivot to green energy, it has already bought a German maker of photovoltaic solar wafers and signed a deal with a Danish company to manufacture hydrogen electrolysers in India.
Almost 36 hours after China's worst industrial disaster, the cause of the massive blasts in Tiajan remains unclear. But here is what we know
Globally, the researchers found that more than 7,40,000 or four per cent of new cancer cases in 2020 may be attributed to alcohol drinking.
United States President Barack Obama has announced his decision to take military action against the Bashar al-Assad regime in Syria for its alleged use of chemical weapons
All these companies were provided loans by PNB as part of consortium lending.
Union Home Minister Amit Shah spoke to Chief Minister Uddhav Thackeray through video conference and took stock of the state's preparedness to tackle any eventuality, the latter's office said. 10 units of the National Disaster Response Force (NDRF) have been deployed in vulnerable districts, while six others have been kept on a stand-by, officials said.
Taking a dig at China, Defence Minister Rajnath Singh on Sunday said 'some irresponsible nations' with their narrow partisan interests and hegemonic tendencies are coming up with wrong definitions of the UN Convention on the Law of the Sea.
The protests brought home the fact that the Sri Lankan public is in no mood for halfway measures, as voices against Rajapaksa 'family rule' and 'securitisation' of the civilian administration began sidestepping the more critical economic crisis, affecting the nation and afflicting the individual, observes Sri Lanka watcher N Sathiya Moorthy.
'I hope the trend is sustainable and that economic activity accelerates going forward.'
Opposing any external military intervention in Syria, India today said all parties to the conflict should join an inclusive political dialogue to find a comprehensive political solution to the crisis.
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