India's second richest person Gautam Adani received a total remuneration of Rs 9.26 crore in the fiscal year ended March 31, 2024, lower than most industry peers as well as his own key executives.
From the Sensex basket, Mahindra & Mahindra, Maruti, Tata Steel, Bajaj Finserv, Power Grid, Reliance Industries, Axis Bank and JSW Steel were the major gainers. Wipro, Nestle, HDFC Bank and Bajaj Finance were among the laggards.
Early this week, the US imposed sanctions on suppliers to Pakistan's ballistic missile programme, including three companies from China.
Former Pakistan premier Nawaz Sharif on Tuesday admitted that Islamabad had "violated" an agreement with India signed by him and ex-prime minister Atal Bihari Vajpayee in 1999, in an apparent reference to the Kargil misadventure by Gen Pervez Musharraf.
From the Sensex basket, Tata Steel jumped over 5 per cent. Mahindra & Mahindra, JSW Steel, Tata Motors, Axis Bank, Sun Pharma, Reliance Industries and Maruti were the other biggest gainers. Infosys, Tata Consultancy Services, Titan, Wipro, Hindustan Unilever and Nestle were among the laggards.
'India has established probable cause to prosecute him for his role in terrorist attacks that resulted in 166 deaths and 239 injuries'
Citing details of the contract from the American Federal Procurement Data System, the BBC report claimed that Pakistan signed two contracts with American companies named "Global Military" and "Northrop Grumman" for the sale of 155mm shells.
The rupee on Friday rebounded from the near-80 levels to close higher by 17 paise at 79.82 against the US currency following a recovery in the domestic stocks and weakness in the greenback in overseas markets. The US dollar retreated from the two-decade high levels against a basket of six currencies which supported the rupee sentiment. At the interbank foreign exchange market, the local currency opened at 79.95 and witnessed an intra-day high of 79.82 and a low of 79.96 against the US dollar in the day trade. ,
Some of the top cricketers are contemplating terminating their central contracts with the Pakistan Cricket Board after some were refused NOCs to go and play in foreign T20 leagues.
Challenge for Test cricket is revenue-sharing model, not scheduling: Graeme Smith
The rupee plunged 20 paise to close at an all-time low of 78.13 against the US dollar on Monday, as a lacklustre trend in domestic equities and stronger greenback overseas weighed on investor sentiments. Forex traders said weak Asian currencies and persistent foreign capital outflows were the other major factors that dragged the local unit down. At the interbank foreign exchange market, the local currency opened at 78.20 and witnessed an intra-day high of 78.02 and a low of 78.29 against the US dollar.
Pakistan cricketers face the risk of having their central contracts reviewed
The Bharatiya Janata Party and its allies on Tuesday welcomed the Union Budget and said it focussed on youth, farmers, women, and has 'substantial allocations' for Maharashtra, but the opposition slammed the annual financial statement, claiming it neglected the western state and only seeks to please the saffron outfit's partners in Bihar and Andhra Pradesh.
Narendra Modi is India's most successful prime minister and the greatest global leader of current generation, billionaire Mukesh Ambani said on Wednesday as he flaunted his group Reliance Industries' Gujarati heritage and its over USD 150 billion (Rs 12 lakh crore) investment in last 10 years.
After an upgrade on Monday, the website said new accounts are required to pay a small annual fee before they are able to post, like, bookmark, and reply.
Vaishali stretched her lead to 2.5 points following her second win under classical time control.
The rupee plunged 90 paise to close at an all-time low of 80.86 (provisional) against the US dollar on Thursday after the US Federal Reserve's interest rate hike and its hawkish stance weighed on investor sentiments. Forex traders said the US Fed's rate hike and escalation of geopolitical risk in Ukraine sapped risk appetite. Moreover, the strength of the American currency in the overseas market, a muted trend in domestic equities, risk-off mood and firm crude oil prices weighed on the rupee.
Indian Grandmaster R Praggnanandhaa got off to a flier and defeated Firouzja Alireza of France in the Armageddon game in the first round of Norway Chess tournament in Stavanger on Tuesday.
US's terrible political and economic leadership will ultimately cost the dollar its value. India must act early to avoid being dragged down, suggests R Jagannathan.
A 25-year-old student from Hyderabad, studying in the US, has gone missing there since March 7 and his family back in India said they received a "ransom" call.
Vaishali defeated Muzychuk for the second time in the event in the Armageddon. It was a finely played Classical game wherein neither players could reach an advantage but in the Armageddon Vaishali took advantage of her better placed rooks to call the shots.
Temperatures in 17 locations breached 45 degrees Celsius on Monday, with the punishing heat affecting health and livelihoods.
According to the original timeline, the ships were to be delivered by 2022, they said, attributing the delays in the delivery to Russia's war in Ukraine.
Khan's visit evoked considerable interest in Beijing as it comes in the wake of his past criticism of the USD 50 billion China-Pakistan Economic Corridor projects and remarks by his ministers to cut down some of the projects over debt concern.
"Why do we have to bother ourselves and correct somebody else's mistakes?" Putin asked during an interview.
The country's largest software exporter on Thursday reported an 8.2 per cent growth in net profit for the December quarter at Rs 11,735 crore. The company said its revenue for the reporting quarter grew 4 per cent to Rs 60,583 crore driven by strong double-digit growth in emerging markets, led by India.
With nine rounds still to come in the blitz event, Wei Yi has amassed 20.5 points with seven wins on the first day of blitz. Ending the day with 7.5 out of a possible nine, Yi, seems like a man possessed and unless a hurricane hits him, is poised to win the first leg of the Grand Chess Tour.
Prime Minister Shehbaz is himself overseeing the security of the Chinese projects and engineers.
World number seven Erigaise Arjun started his campaign on a positive note, outplaying Eltaj Safarli of Azerbaijan in the first round of the Sharjah Masters chess tournament in Sharjah.
Unwilling to jeopardise its cordial relationship with the all-powerful BCCI, the England and Wales Cricket Board (ECB) has rejected a lucrative 10-year buy-out offer of their franchise-based property 'The Hundred' from former IPL commissioner Lalit Modi, the Daily Telegraph reported.
The rupee gained 11 paise to 82.68 against the US dollar in early trade on Tuesday as the American currency retreated from its elevated levels. Forex traders said sustained foreign fund outflows weighed on the local unit and restricted the appreciation bias. At the interbank foreign exchange, the domestic unit opened at 82.69 against the dollar and marginally rose to 82.68, registering a rise of 11 paise over its previous close amid a positive trend in domestic equities.
'We are at the moment working with India to encourage India to hold accountable, those responsible for this terrible crime'
India's Karman Kaur Thandi has clinched her second W60 ITF title of her career after winning at the Evansville event in the USA.
IT company Wipro on Friday posted an 11.74 per cent decline in its consolidated net profit to Rs 2,694.2 crore in the third quarter ended December 31, 2023.
Shimron Hetmyer's Rs 8.50 crore annual IPL fees earned from Rajasthan Royals or Andre Russell's Rs 16 crore retention fee from Kolkata Knight Riders is an indication how cricket's financial landscape has changed and playing for the West Indies isn't a motivation anymore.
Benchmark Sensex rebounded by 167 points in a volatile trade on Friday amid buying in ICICI Bank, State Bank of India and Reliance Industries. The 30-share BSE Sensex climbed 167.06 points or 0.23 per cent to settle at 71,595.49. During the day, it hit a high of 71,676.49 and a low of 71,200.31.
Foreign Office spokesperson Mumtaz Zahra Baloch during her briefing on Friday was asked to comment on the successful soft-landing of the Chandrayaan-3 mission on the Moon.
The highlights of RBI's bi-monthly monetary policy announced by Governor Shaktikanta Das:
The Met office has issued a "red" warning for Delhi, Haryana, Punjab and west Rajasthan, stressing the need for "extreme care for vulnerable people".
Alternative Investment Funds (AIFs) with a lock-in period performed better than the ones that allow investors to withdraw capital at any time. Close-ended schemes had a median return of 5.62 per cent in December, according to data from industry tracker PMSBazaar. The median returns for open-ended schemes were 3.91 per cent
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