Foreign portfolio investors (FPI) have pulled out $3.5 billion from India's equity markets so far this month. The selling comes on the back of election-induced volatility and the rotation of flows from India to China, where stocks are available at half the valuations. If the selling pressure remains at the current level, this will be the highest FPI pullout since January 2023.
'The world is watching carefully. The choices India makes today have consequences beyond its borders.'
The Centre on Monday extended the ban on terrorist group Students Islamic Movement of India (SIMI) for five years for its involvement in fomenting terrorism and disturbing peace and communal harmony in the country.
The report showed that 53 road accidents take place every hour in the country.
Ashwin has urged bowlers to start working on their batting skills in order to meet the demands of the game.
'We are seeing signs of improvement in rural overall in terms of demand, but I would still keep my fingers crossed.'
'Rahul Gandhi is going to turn 54 and in India political leaders peak when they are around 60.' 'This 'bhai-behen ki jodi' has done a wonderful job for the Congress.' 'Priyanka Gandhi was a very effective campaigner.'
The Bharatiya Janata Party suffered a setback in Lok Sabha polls in Maharashtra on Tuesday, with its tally dwindling by less than half compared to 2019, while the opposition Maha Vikas Aghadi of Congress, Shiv Sena-Uddhav Balasaheb Thackeray and the Nationalist Congress Party-Sharadchandra Pawar was on a roll, pocketing 30 of the 48 seats.
'There is one way to defeat the intention behind this directive: To patronise Muslim establishments that have been forced to identify themselves.' 'This is one opportunity for the Congress to show that the 'mohabbat ki dukaan' its leader talks about does exist.' 'Can Akhilesh Yadav, who has asked the court to take note of this directive, order his party members to do this?' asks Jyoti Punwani.
Although Manjrekar believes that Chahal will likely be chosen for the World Cup, he personally favours Kuldeep in the 50 overs format.
India's luxury car rental market is experiencing a surge in demand, particularly in Tier 1 cities such as Mumbai, Bangalore, and Delhi, with executive travellers, especially from the tech sector and younger demographics like the millennials and the Gen Z, increasingly renting high-end vehicles for special occasions and domestic travel. Luxorides, a luxury car rental company, observed a 40 per cent year-on-year rise in bookings in 2024 (until April) on popular routes like Delhi-Rishikesh, Delhi-Vrindavan, and Delhi-Jim Corbett National Park, as well as Chandigarh-Manali and Chandigarh-Ladakh.
Former England captain and sports broadcaster Mike Atherton seconded Cook's thoughts.
To increase the adoption of credit on United Payments Interface (UPI), National Payments Corporation of India (NPCI) is looking at an interchange fee for transactions lower than that for a credit-card transaction. Sources in the know said these charges could be 1-1.2 per cent. Fintech participants concur with the view that the interchange fee is expected to be lower than that for a credit-card transaction.
Shrirang Barne, an MP of Shiv Sena led by Eknath Shinde, on Monday expressed disappointment over the party not getting a cabinet berth in the newly-formed Narendra Modi-led government and alleged partiality.
'In the history of India this kind of scores and ranks has never happened in exams.'
With high credit growth and healthy asset quality, listed commercial banks are expected to report steady growth in earnings during the fourth quarter ended March 2024 (Q4 FY24). Profits are expected to grow at 9.6 per cent year-on-year (Y-o-Y) and net interest income (NII) by 8.7 per cent in Q4 FY24, according to Bloomberg analysts' estimates. According to Motilal Oswal Securities, while bank credit growth has been robust, deposit growth has also gathered pace.
Kejriwal had alleged he was not being administered insulin in jail leading to "alarming" rise in his blood sugar levels.
P V Subramanyam clears some misconceptions about debt funds.
As Mohammed Shami walked back to the top of his run-up, Virat Kohli geed the fans at the Wankhede Stadium to go full throat with their chants - Shaamii! Shaamii! They obliged merrily.
'There might be some internal tussles that can be expected between any two persons in any party.' 'But I do not see any tussle which might weaken the possibility of dictatorship.'
Former India off-spinner Harbhajan Singh has nothing but empathy for Hardik Pandya as he navigates a challenging phase in his career and is hopeful that the all-rounder, who "hasn't been a free man in the last two months", will become one during next month's T20 World Cup.
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'What happens in the real estate market is that once the prices go up it goes on to stay at that level.' 'It might not increase and at the same time the prices will not come down too.'
Former United States president and Republican presidential nominee Donald Trump on Thursday refused to debate with his Democratic rival and Vice President Kamala Harris until the Democrats formally decide on their nominee, whereas the latter said that she is ready for a debate.
The Congress leader also said that the BJP wants to change the Constitution, and reduce and weaken the rights given to the people through the statute book.
'No Indian politician has been killed in India for upholding the Constitution except for Kashmiri mainstream politicians.' 'Yet they call us terrorist or militant.'
'The opposition wants the country to run on the basis of Shariat but this cannot happen'
Modi referred to the Lok Sabha polls as a "Kurukshetra (battle)" in which "there is development on one hand and 'vote jihad' on the other".
'For experienced and risk-taking investors, now may be the time to go all in.' 'By 'experienced and risk-taking', I refer to those who remained net buyers in equities during the early stages of the 2020 pandemic.' 'On the other hand, those who exited the markets during the pandemic may go the SIP way.'
Banks are preferring instruments with higher premium over government securities for their held-till-maturity (HTM) portfolio, following the new investment norms, which came into effect from April 1. They are stocking up on corporate bonds and state government securities to boost yield on their portfolio, according to market participants. "Definitely, if there is a good spread available and without lower credit risk, those instruments will be favoured to boost the yield on the portfolio.
"Just three months more," says mom-to-be Deepika Padukone in a witty reply when asked if she is still in her character of a pregnant woman from her coming film Kalki 2898 AD.
'The long-term impact of elections is minimal.'
'We may see little softness in liquidity position after the stabilisation of the government.'
Images from the ICC Men's ODI World Cup match between India and Bangladesh at the Maharashtra Cricket Association Stadium in Pune on Thursday, October 19.
BCCI secretary Jay Shah has opined that centrally-contracted India players should play domestic cricket to make themselves available for the selection for the national team.
The Pat Cummins-led side is in the midst of an intense battle between multiple teams who are bidding for spots in the final four, with Rajasthan Royals (16 points), Kolkata Knight Riders (14 points) and Lucknow Super Giants (12 points) placed above SRH.
'While acknowledging Sanju's potential to pivot the course of a game with his exceptional abilities, it's imperative to recognise the distinct role that Team India expects from him.'
ashasvi Jaiswal could cement his place in the Indian Test side during the upcoming five-Test series against England at home, said batting legend Sunil Gavaskar.
At a time when consumers increasingly embrace green mobility solutions, it is not electric cars but hybrids that are taking the lead, as automotive sales data indicate. Since January, 64,097 electric cars have been sold compared to 266,465 hybrids, according to data from the ministry of road transport and highways' Vahan dashboard. Hybrid car sales have surged from 4.42 per cent of the 4.1 million cars sold in calendar year 2022 to 7.2 per cent this year.
Counting of votes for the Lok Sabha elections has begun across states and Union Territories, Chief Election Commissioner Rajiv Kumar told PTI.
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