Benchmark indices Sensex and Nifty settled with gains for the third straight session on Monday, helped by buying in auto, banking and capital goods shares despite a spike in crude oil prices. The 30-share BSE Sensex rose 114.92 points or 0.19 per cent to close at 59,106.44 points with 22 of its components ending in the green and eight closing lower. It moved in a range of 58,793.08 points to 59,204.82 points during intra-day trade.
While Ambani, 66, drew nil salary from the company since the 2020-21 fiscal year, other executive directors including his cousins Nikhil and Hital are paid a salary, perquisites, allowances and commission. His three children - twins Akash and Isha (both 31) and Anant (28 years) - will get only a sitting fee and a commission on the profit earned by the firm.
According to the police, one of the accused had made IEDs and later tested them at several places in Delhi, Rajasthan and Haldwani in Uttarakhand.
The next Gulf Cup, which was due to kick off in December in Basra in Iraq, has been postponed for a year due to a congested calendar, organisers announced.
Fiscal pressure for the Indian economy is gradually rising, suggested analysts at Jefferies in a recent note, as oil prices (Brent) - which are close to the $100 a barrel mark - continue to climb ahead of a busy election calendar. They added that the sharp rally in the equity markets during the last few months has made valuations costly. As a result, Jefferies expects the Indian markets to remain choppy in the near term.
Seema Ghulam Haider and Sachin Meena got in touch while playing PUBG in 2019 as a dramatic love story unfolded between the two living more than 1,300 km apart, in countries not too friendly to each other.
Israel needs to come terms with the new reality that they are no longer invincible or the dominant power in the West Asian region, observes Ambassador M K Bhadrakumar.
The FIFA World Cup knock-out phase kicks-off on Saturday in Qatar. Here's an overview of the teams advancing to the last 16.
India's archers showed tenacity and authority in equal measure to storm into the quarter-finals in all the six team events of the Asian Games.
Here is what you need to know about their route to the final
Here is an overview of the teams that have been eliminated
The Indian Navy, which regards itself as the 'net security provider' in the Indian Ocean Region, has also stepped up to the plate, with a warship stationed at all times off the Gulf of Aden for counter-piracy tasks. 91 Indian warships have been deployed in the region since 2008, patrolling high risk areas where piracy was rampant.
Oil has slumped from above $115 in June 2014 as shale oil from the United States has flooded the market
India was the world's biggest importer of Russian oil in February, exceeding China by 20 million barrels.
'When I was rejected last year, I told myself I won't give up.'
India's crude oil imports are coming in from a changing mix of countries, with the top three accounting for around 60 per cent of total imports. Russia emerged as the largest source of crude oil imports for India in June, as per the latest available data from the Organization of the Petroleum Exporting Countries (OPEC). The data which is released with a lag, showed that Russian imports accounted for 24 per cent of the total crude imports into the country.
Shareholders of Reliance Industries have approved the appointment of Saudi Aramco Chairman Yasir Al-Rumayyan on the company board, with less than 2 per cent of votes cast against the proposal. Disclosing the results of shareholder votes on the appointment, Reliance in a regulatory filing said 98.03 per cent of votes were cast in favour of the resolution to appoint Al-Rumayyan for three years. As many as 10.89 crore shares or 1.96 per cent voted against the resolution, while 3.23 crore votes were declared invalid due to lack of proper authorisation, it said.
In the July to September quarter of 2023-24 (Q2FY24), Voltas' revenues grew by 29.7 per cent year-on-year (Y-o-Y), but the adjusted net profit was down by 63 per cent Y-o-Y. The revenues hit Rs 2,290 crore, led by growth in the Unitary Cooling Products segment (up 15.4 per cent Y-o-Y, and in the EMP (Electromechanical project) business (up 66.8 per cent Y-o-Y). The UCP revenue rose to Rs 1,200 crore in Q2FY24, driven by volume growth despite weak consumer spending - the three-year annual growth is 18 per cent.
The first on the list is Hussain Shaheed Suhrawardy, a Bengali politician from then East Pakistan who served as the fifth prime minister. He was arrested in January 1962 and put in jail on bogus charges of "anti-state activities". His actual crime was his refusal to support military ruler General Ayub Khan.
India has not yet received any confirmation on Chinese President Xi Jinping's in-person participation at the upcoming G20 summit, people familiar with the matter said on Thursday amid reports that he is likely skip the conclave.
British Prime Minister Rishi Sunak Thursday pledged to stand with Israel in its "darkest hour" and welcomed the opening of a humanitarian corridor into Gaza as he held talks with the country's top leadership during his two-day visit to the Middle East aimed at preventing further escalation of conflict in the region.
However, Jyothi Yarraji failed to make the cut for the women's 200m final. The Indian had a timing of 23.78s.
Stimac had said he would need at least a four-week camp to do well in the Asian Cup while the All India Football Federation (AIFF) top brass had indicated that his demand would be difficult to meet as the clubs may not agree to release their players for such a long period in the midst of the domestic season.
'We have had three wars with India, and they have only brought more misery, poverty, and unemployment to the people'
Global investment firm KKR will invest Rs 2,069.50 crore in Reliance Retail Ventures Ltd for a 0.25 per cent additional stake of the retailer at a valuation of about Rs 8.36 lakh crore, Reliance Industries Ltd said on Monday. After this investment, KKR's shareholding in Reliance Retail Ventures Ltd (RRVL), the holding company of the retail business of billionaire Mukesh Ambani-led RIL, will increase to 1.42 per cent from 1.17 per cent. The investment is at "a pre-money equity value of Rs 8.361 lakh crore (around $100.87 billion)", said a joint statement.
All five African teams at the last World Cup in Russia failed to get past the first round and the continent's football leaders have said their future priority is to make sides more competitive in the international arena.
Koopmeiners leads Atalanta past Milan into Coppa semis
A summary of the concluding day's action in the Bundesliga, Serie A, Ligue 1 and Saudi Pro League.
What is more surprising is that a surge in Russian oil supplies has come after the G7 imposed stringent sanctions on Moscow.
Lionel Messi kept his dream of winning his first World Cup alive by rifling in the opening goal in Saturday's 2-0 victory over Mexico in World Cup Group C, proving he was far from done in the tournament.
India have fielded a strong contingent led by two-time world champion Nikhat Zareen and Olympic bronze medallist Lovlina Borgohain.
Get more people working, get more people working in modern manufacturing and services in our cities, and get people working better and longer, suggests Naushad Forbes, past president, CII.
Saudi Arabia's 2-1 victory over Argentina is rated the biggest shock in World Cup history.
'Yesterday, he trained normally, and today he's taken this decision. We have accepted it. I spoke to him this morning, and he said he was leaving, and I understood.'
While the four largest listed paint companies have seen marginal negative returns, the S&P BSE Fast Moving Consumer Goods (FMCG) and the National Stock Exchange Nifty FMCG indices have delivered a solid 16 per cent return during the same period. Initially, volume growth and reduced costs bolstered the sector's sentiment, but brokerages have grown cautious due to increased competitive pressures.
Saudi Arabia's Al Shabab booked their place in the knockout rounds of the Asian Champions League with a 6-0 thrashing of Mumbai City in Riyadh on Friday while Al Duhail from Qatar also claimed a spot in the last 16 of the continental championship.
US nominee for World Bank president, Ajay Banga, has tested positive for COVID-19 following which the meetings scheduled during his two-day visit to India have been cancelled. According to a Finance Ministry statement, Banga's meeting with Nirmala Sitharaman would not happen as he is in quarantine. "During routine testing, Ajay Banga tested positive for COVID-19 but remains asymptomatic.
Almost all will say no. Then ask them why they don't push back at those who rise the slogan of Khalistan. Somebody would confront you with a counter-question: If people can talk of a Hindu Rashtra, why get so upset if others talk of a Sikh Nation, points out Shekhar Gupta.
Margins for the oil refining and retailing sector have moved off their peaks, and the average integrated margins (refining plus marketing) for oil marketing companies (OMCs) have normalised. The ascent in crude oil prices, combined with static retail prices, has depressed marketing margins for diesel and petrol. However, the fall in marketing margins has been offset by increased gross refining margins (GRMs).
