Uber Chief Executive Officer (CEO) Dara Khosrowshahi sees India as one of the toughest markets and a standard to succeed in any other part of the world. One of the biggest challenges for the ride-hailing firm, according to Khosrowshahi, is the expectation of Indian consumers for more services at lower spending. "India is one of the toughest markets out there.
Astronomical Rs 24.75 crore bid makes Starc most expensive player in IPL history
Kerala's election discourse operates surreptitiously. Its explicit face focuses on important national and local issues. At the same time, it seeks to secure apt communal equations to ensure votes, notes Shyam G Menon.
'These are interesting days for watchers of English cricket and central banking,' points out Amol Agrawal.
Now, the 'Men in Blue' are left with just five T20Is -- two more against the Proteas and three games against Afghanistan at home in January -- ahead of next year's T20 World Cup in the West Indies and the USA.
Australia vice captain Travis Head backed on Thursday the idea of playing the entire Test series against India in a 'bio-secure' Adelaide Oval to ensure the lucrative fixture goes ahead later this year. Cricket Australia (CA) is banking heavily on the series, reportedly worth A$300 million ($195 million) in revenue, to help it cope with a financial crisis triggered by the coronavirus pandemic.
The story of Sahara India Pariwar founder Subrata Roy, who died in Mumbai on November 14 aged 75, is the stuff of movies - of a spectacular rise and an equally spectacular fall. Born in Araria, Bihar, Roy was 30 when he set up Sahara in 1978. He started with a capital of about Rs 2,000, a peon, a clerk and his father's Lambretta scooter in Gorakhpur, eastern Uttar Pradesh, writes Tamal Bandyopadhyay in his 2014 book, Sahara: The Untold Story. Sahara was not his first venture.
The domestic equity market, which is on a record-breaking spree, will focus on macroeconomic data announcements, movement in global stocks and the US Fed minutes to get further direction, analysts said. Trading activity of Foreign Institutional Investors (FIIs) will also innfluence investors.From the domestic macroeconomic front, Purchasing Managers' Index (PMI) data for the manufacturing sector will be released on Monday, and that o,f the services sector on Wednesday. Investors, this week, will keenly watch major global market events, icluding the outcome of the Federal Open Market Committee (FOMC) minutes, scheduled to be out on Wednesday.
The Enforcement Directorate has arrested West Bengal minister Jyotipriyo Mallick in a money laundering case linked to an alleged multi-core ration distribution scam in the state, official sources said on Friday.
This is your chance to work with one of India's largest banks.
India's economy continues to be robust, but downside risks such as rising crude oil prices, adverse weather conditions, and the global banking crisis outweigh the upside potential in gross domestic product (GDP) growth in the current financial year (FY24), the finance ministry said on Tuesday in its Monthly Economic Review for March. "We reiterate that downside risks to our official forecast of 6.5 per cent for real GDP growth in FY24 dominate upside risks," the review said. "Opec's surprise production cut has seen oil prices rise in April, off their lows of low-seventies per barrel in March.
The electoral bonds scheme for funding political parties should not become a tool for "legitimisation of quid pro quo" between power centres and people who are benefactors of that power, the Supreme Court said on Thursday as it underscored the need for reducing the cash component in the electoral process.
The price hikes during Covid were more because of supply chain and logistics disruptions caused by the pandemic and the Ukraine war rather than firms increasing prices because of higher pricing power, a report by State Bank of India (SBI) said. "It is thus incorrect to infer that concentration power dictated pricing capacity of firms, thus resulting in unyielding core inflation," the report authored by Soumya Kanti Ghosh, group chief economic adviser, SBI, said. A recent research article by former Reserve Bank of India (RBI) deputy governor Viral Acharya had observed that persistence of core inflation in India is due to purchasing power of top-five corporate houses.
The Union minister said this is not a time for India to test an anarchic kind of combination when it is on the growth path.
Wayanad will continue to support Rahul but not to the same extent as in 2019, when his margin of victory had been enormous. Articulate, to the point and speaking in fluent Malayalam, CPI's Annie Raja, had the people who gathered to see her, listening in rapt attention, notes Shyam G Menon.
The Supreme Court's decision to allow borrowers a chance to be heard before their accounts are flagged as fraudulent by lenders is expected to result in several cases being reopened where the borrower is aggrieved because of such classification, bankers said. Still, the reopening of cases would not be automatic. A borrower who is aggrieved by the 'fraud' classification will have to approach the bank and consequently, the bank will take the necessary steps so that the apex court's order is followed in letter and spirit, they said.
India's first digital rupee pilot project will commence on Tuesday with nine banks, including SBI, HDFC Bank and ICICI Bank, issuing the virtual currency for transactions in government securities. "...the first pilot in the digital rupee - Wholesale segment shall commence on November 1, 2022," the RBI said in a statement on 'Operationalisation of Central Bank Digital Currency-Wholesale (e?-W) Pilot'. It also announced that the first pilot in digital rupee - Retail segment is planned for launch within a month in select locations in closed user groups comprising customers and merchants.
In which Indian state will India's first mega silk cluster come up?
Finance Minister Nirmala Sitharaman presented her third Budget on February 1.
Due to the novel coronavirus outbreak, cricket in Pakistan, like the rest of the world, has been halted since March 15, and the PCB is banking on the virtual initiative to give a peek into its players' fitness.
'When one was with Mother, one realised you were with somebody who was the nearest person to God.' 'She must have been God incarnate.'
Tamal Bandyopadhyay details HDFC Bank's digital journey.
Asked about him sticking with the Congress since he got the parliamentary polls ticket from Moradabad in 2009, he said loyalty is very important to him since the beginning.
From zeroing in on the best means for stake dilution to moving beyond microfinance, Bandhan navigates a tough path. Namrata Acharya reports.
The RBI was not party to the decision to demonetize 500 and 1,000-rupee notes, which was taken at the highest level of India's political leadership.
Australian Prime Minister Anthony Albanese said on Tuesday that his Indian counterpart Narendra Modi gets a 'rock star reception' wherever he goes, as he welcomed his 'dear friend' at an event in Sydney and compared him to American singer Bruce Springsteen.
India are hoping that skipper Mahendra Singh Dhoni and VVS Laxman will bat long enough -- like they did against South Africa early this year -- and heavens do them a favour by opening up on Thursday to salvage the first Test against Sri Lanka.
Emotional Tickner returns to NZ squad after cyclone relief efforts
Chandana, who is now a full-time coach, remembered Ranatunga as a shrewd tactician, whose strategic acumen were way ahead of the time.
WhatsApp's advantage is that it is the first app millions of Indian check first thing in the morning and innumerable times during the day and night.
The Indian Banks' Association recently mooted a proposal for a centralised admission test for commercial banks in the country.
Foreign portfolio investors' (FPIs') net investment in the domestic debt market in October was the third highest during the current calendar year as foreign investors rushed to lock in higher returns amid global uncertainty and geo-political tensions, market participants said. FPI inflows in debt stood at Rs 6, 322 crore in October against Rs 768 crore in September, according to data on the National Securities Depository Limited (NSDL). Market participants said that the majority of the inflows were channelled through corporate bonds.
England Test skipper Ben Stokes was bought by Chennai Super Kings for Rs 16.25 crore.
We don't know where this proposal is going to end up, but we do know that Test cricket is becoming less and less feasible in commercial and financial terms, with every passing Test, says Suhit K Sen.
Take our quiz on current affairs and tell us how you fare!
Today, the economy requires a certain amount of push not just from the monetary policy but also from its transmission: Das.
All eyes will be on 41-year-old Wasim Jaffer, who is only 853 runs shy of 20,000 first-class runs.
'He could be the franchise player for KKR for the best part of the decade'
