The 'Pran Pratishtha' of the idol of Ram Lalla -- the childhood form of Lord Ram -- will be attended by people from all walks of life, including representatives of major spiritual and religious sects of the country and of various tribal communities and prominent personalities.
The S&P BSE Sensex and the Nifty50 have hit record highs amid the poll outcome-triggered bull frenzy at the bourses. Most analysts feel that the indices are on course to rise further over the next few months - till the general elections - albeit amid intermittent corrections - largely triggered by global developments. Bharatiya Janata Party's (BJP's) win in the three state elections of Madhya Pradesh (MP), Rajasthan and Chhattisgarh, analysts at Jefferies believe, reinforces the consensus expectations of a Modi win 2024 national elections with a greater likelihood of over 300 seats for the BJP.
The previous two sessions have seen benchmark indices, the BSE Sensex and Nifty presenting signs of fatigue, reaching closer to its all-time highs level. Both indices are down approximately 1 per cent from recent highs and 2 per cent away from reaching a new peak. This has led to confusion on the street about its ability to reach another milestone. The present bullish trend in the leading indices; which has displayed smart recovery since late March this year, remains intact as the market breadth continues to stay elevated.
Interrupting a two-month streak of decline, outward foreign direct investment (FDI) rose sequentially to $1.85 billion in July over $1.07 billion in June, an increase of 73 per cent. However, it was lower than the $2.18 billion in July last year, according to the Reserve Bank of India data. Outbound FDI, expressed as financial commitment, has three components - equity, loans, and guarantees.
..... but big picture investing is too difficult, says Ramesh S Damani.
Esmark Inc. has entered into a joint venture with Brazilian iron-ore producer Companhia Vale do Rio Doce and Ukrainian steelmeker Industrial Union of Donbass Corp to purchase the plant.
The actor joins the cast in the Superman sequel, slated for a 2015 release.
India's No 2 steel maker, Tata Iron and Steel Co. (Tisco) expects to post improved results in the third and fourth quarters of the current year.
CBI has also named unknown officials of the union environment ministry in the PE.
Vishnu Deo Sai, a prominent tribal face of the Bharatiya Janata Party, will be the next chief minister of Chhattisgarh where the saffron party returned to power after a gap of five years following the recently-concluded assembly polls.
Iran has complained of irregular shipments
The judge had on Wednesday dismissed the anticipatory bail plea of Singal.
'Within five years, we should be achieving more on the international front than what it took most airlines 15 to 20 years back.'
As Tata and DoCoMo look for out-of-court settlement, here's a blow-by-blow account of the long legal tussle
Faced with one setback after another in expanding the scope of mining in the country, almost all the major miners of the world have wound down their operations in India.
This amendment is proposed to be made retrospectively effective from FY16 onwards.
Animal's violence isn't for the fainted-hearted unless you have an appetite for Korean style mayhem, like Sukanya Verma.
Half the stocks in the Nifty 100 index have seen a reduction in their target price by analysts this year due to fears of lacklustre earnings growth and uncertain economic environment. Adani Green Energy, FSN E-Commerce (Nykaa), Adani Ports & SEZ and Indus Towers are among the companies that have seen the maximum cut in TPs during the first three months of calendar 2023, shows Bloomberg data. On the other hand, Canara Bank, JSW Steel and Bank of Baroda have seen the highest increase in TPs.
Earlier, a special CBI court had issued non-bailable warrants against Neeraj Singal, Vice Chairman and Managing Director of Bhushan Steel Ltd, and Purushotam Totlani, an alleged middleman, in connection with the Syndicate Bank bribery case.
Bollywood superstar Shah Rukh Khan is on cloud 9 after his recent acquisition Trinidad & Tobago Red Steel claimed the Caribbean Premier League T20 title on Sunday.
It was only a matter of hours before I would be declared persona non grata; all my work would turn to ashes, and I would be revealed as a typical untrustworthy Indian. I steeled myself for the axe to fall.
Soured political relations between India and Pakistan have complicated matters
A healthy growth in India's services segments has helped the country's total exports and imports of goods and services to cross the $800 billion mark during the first half of 2023, despite a slowdown in global demand, think tank GTRI said in a report on Monday. According to the analysis of the Global Trade Research Initiative (GTRI), exports of goods and services rose by 1.5 per cent to $385.4 billion during January-June this year, as against $379.5 billion in January-June 2022. Imports, however, dipped by 5.9 per cent to $415.5 billion during the six months of this year, as against $441.7 billion in January-June 2022.
Tata Iron and Steel is scouting for a partner to share Rs 1,500 crore investment on environmental management system upgradation to reduce the level of carbon dioxide generated while manufacturing steel at its plant in Jamshedpur.
This Bengali-style steamed mango and mustard prawn curry makes for top class weekend khana.
Australia beat France 7-6 in a dramatic penalty shootout to reach the last four of the Women's World Cup for the first time.
With his third victory in the event, Anand came back within striking distance of the leaders. His tally of six points out of ten is only one point less than Holland's Anish Giri, Norway's Magnus Carlsen and Azerbaijan's Shakhriyar Mamedyarov, all who have seven points apiece.
The transaction, subject to antitrust authorities approval, is expected to be completed by the end of this year, said Gonzalo Urquijo, member of the Group Management Board of ArcelorMittal.
Steel magnate Lakshmi Mittal's demand for a 50 per cent stake in China's Baotou Iron and Steel Group has led to collapse of talks for a joint venture as Beijing will not allow foreign steel giants to take a controlling stake.
We are looking at bringing quality control orders for mass production items such as smart meters and ceiling fans. This will benefit our own industry and consumers, a government official said.
With the Nifty50 just about 3 per cent away from its all-time closing high of 18,812 points, analysts at BofA Securities suggest investors book profit. Their reasons for the advice include risks like the possibility of a cut in corporate earnings growth forecasts, high valuation (one-year forward P/E of 19.5x), interest rates staying elevated for longer-than-expected and credit tightening. Going ahead, they expect the Nifty50 index to drop to 16,000 levels - down nearly 12 per cent from the current level of 18,255 points, which they believe would be a good time to buy.
'Enterprises have become more demanding in terms of their productivity expectation from their employees.'
Invest in quality companies that make profits, advises stock market expert and rediffGURU Samraat Jadhav.
'Cyrus was always very different. He would think before acting.'
Chandrasekaran also said that "We fell short of addressing this situation the way we should have."
...followed by financial services, IT, and sales and marketing.
I suggest we build a Vigyan Mandir (Temple of Science) with the ambience of a place of worship, so that it becomes a destination for pilgrims. We should embed on its walls bronze plaques describing each scientist mentioned here along with about a dozen of our ancient mathematicians, recommends Professor Kalyan Singhal, historian of science and technology.