'Our competitiveness with China is very important.' 'If the exchange rate depreciates, it is good for us because it helps in our competitiveness.'
PHOTOS from day four of the Wimbledon championships at the All England Lawn Tennis and Croquet Club in London on Thursday.
State officials "not happy" after meeting with CoA
The re-opening of the Chinese economy, as it moves away from its zero-Covid policy, could help stabilise commodity prices, according to some of the country's top metal companies. They view this as a positive for demand, at a time when markets such as the US and Europe have been largely weighed down by slowdown concern now. "Most of us in the metals business are hoping the Chinese economy picks up because half of any metal demand, including demand for aluminium, comes from China.
For the banking system a new cycle starts in FY2024. It's fraught with fresh challenges on asset quality and profitability, warns Tamal Bandyopadhyay.
Sparks flew on the first day of the debate on the no-trust motion moved by the Congress with the Opposition on Tuesday asserting that it was forced to do so to break Prime Minister Narendra Modi's 'maun vrat' (vow of silence) on Manipur and the treasury benches hitting back saying it was a no-trust vote against a 'poor person's son' who has worked for the welfare of the people.
The Indian mixed 4x400m relay team qualified for the 2020 Tokyo Olympics after reaching the final in the World Athletics Championships, in Doha.
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Meanwhile, NSE was also ranked first in number of equity trades for the first half of 2013 with a total of 71.18 crore (711.8 million) trades.
'When I came here in 2002, I said you can grow at 8%.' 'And I was told that was crazy, and (now) here we are.'
Despite its recent underperformance, gold must be a part of your portfolio.
One of Brazil's largest builders, Andrade Gutierrez, will confess to paying bribes for 2014 FIFA World Cup contracts and business with state-run companies Petrobras and Eletrobras, a newspaper report said on Friday.
Ace Indian shuttler Saina Nehwal moved one place up to occupy the fifth spot while P V Sindhu remained unchanged at 10th in the latest Badminton World Federation Rankings issued on Thursday. Saina, who clinched her second Australian Open title earlier this month, exchanged places with Japan's Nozomi Okuhara, who now occupies the sixth spot in the women's singles list headed by Spain's Carolina Marin.
Ashish Kumar continued his brilliant form at the 2022 Thailand Open international boxing tournament as he entered the finals alongside India's three other pugilists in Phuket on Wednesday.
Former WorldCom Inc chief executive Bernad J Ebbers has been indicted on Federal criminal fraud charges in New York for his alleged role in the nation's largest accounting scandal.
According to experts, work from home, volatility in stock markets worldwide, and redemption pressures compelled investors to defer new investment plans.
She was found guilty in January of duping investors and lying about the technology after a three-month trial.
With the adoption of the UNSC resolution on Sunday, it was for the first time in 40 years that the council decided to call for an emergency special session in the General Assembly.
After the first game against the same opponent ended in a draw, Harika was with black pieces in the second and she employed a French defence and Kosteniuk did not have many answers.
BSE benchmark Sensex nursed losses on Friday as investors pocketed gains after a five-session winning streak amid a bearish trend overseas. A depreciating rupee and foreign fund outflows further soured risk sentiment, traders said. The 30-share gauge, which had started the trade on a firm note, soon gave up all the gains and finally ended 651.85 points or 1.08 per cent lower at 59,646.15. The broader NSE Nifty snapped its eight-day rally to close at 17,758.45, down 198.05 points or 1.10 per cent.
The quizzing of the 48-year-old daughter-in-law of superstar Amitabh Bachchan and Samajwadi Party MP Jaya Bachchan comes weeks after her husband Abhishek Bachchan was questioned by the agency in another case emerging from the same set of papers linked to the offshore leaks case, they said.
Tech Mahindra, the top loser in the Sensex pack, shed over 2.5 per cent. It was followed by UltraTech Cement, Reliance Industries, HCL Tech, HDFC, Kotak Bank, HDFC Bank and TCS. NSE Nifty plunged 179.35 points to 17,745.90.
Svitolina was back practising on Tuesday at the Ariake Tennis Park, where she will don Ukraine's colours
Shiva Thapa will next face Nader Odah of Kuwait in the quarter-finals on Tuesday.
Gold prices are struggling and are down 18 per cent from their March highs. But stock prices have fallen even more. As a result, the precious metal has begun to outperform equities - both in the domestic market and international markets. Gold prices are up 2.6 per cent in the domestic market in the current calendar year (CY22) so far, according to the World Gold Council (WGC), compared to a 1.7 per cent decline in the Sensex year-to-date (YTD).
Shaktikanta Das is a master of the finest balancing act who listens to all but takes his own decisions, discovers Tamal Bandyopadhyay.
At interactions last week with senior officials from the Reserve Bank of India, select banks gave feedback on two key bond market concerns, namely, recent volatility in the rupee-dollar exchange rate and heavy losses incurred on floating rate government bonds due to a demand-supply mismatch, sources told Business Standard. The discussions were held ahead of the RBI's next monetary policy statement, scheduled on August 5. Indian banks are large holders of government securities because of a regulatory mandate to set aside a certain percentage of deposits in sovereign bonds.
Derivatives exchange DGCX started trading futures for the S&P BSE Sensex
The rupee on Thursday plunged by a whopping 130 paise to hit life-time low of 60 against the US dollar in early trade on the Interbank Foreign Exchange on strong demand for the American currency from banks and importers
Equities went into a tailspin on Wednesday after the Reserve Bank surprised the market with a mid-cycle rate hike in a bid to tame soaring inflation.
India capped off their impressive run in the Women's World Junior Team Squash Championship with a seventh-place finish, defeating New Zealand 2-1 in the classification match at the Hasta La Vista Club in Wroclaw, Poland.
Russian Sports Minister Vitaly Mutko said on Thursday his country's doping scandal was payback from those unhappy Russia had won the rights to host the 2018 FIFA World Cup.
Equity benchmarks mustered gains for the first time this week on Thursday as investors piled into the recently-battered metal, bank and IT stocks amid expiry of monthly derivative contracts. Snapping its three-session losing streak, the 30-share BSE Sensex rallied 503.27 points or 0.94 per cent to settle at 54,252.53. On similar lines, the broader NSE Nifty gained 144.35 points or 0.90 per cent to end at 16,170.15.
India has abstained on yet another resolution involving Ukraine, this time a motion sponsored by Russia at the United Nations Security Council (UNSC) that sought to establish a commission to investigate claims by Moscow that the United States and Ukraine are carrying out 'military biological activities' in laboratories in Ukraine in violation of the biological weapons convention.
Exchanges have twin roles: commercial and regulatory.
The Indian teams made winning starts in the Open and women's sections of the 44th Chess Olympiad in Chennai on Friday.
It was a day of surprises at Flushing Meadows in New York as seeded players were knocked out one after the other on Friday.
Sonia Chahal stormed into the finals of Women's World Boxing Championships by outclassing her North Korean opponent Jo Son Hwa
On Friday, Federation Football Australia FFA chief Frank Lowy rejected criticism of Australia's failed bid for the 2022 World Cup, saying the country ran a "clean campaign".
Prime Minister Modi on Saturday congratulated President Trump and the people of the US on the country's 244th Independence Day, saying as the world's largest democracies "we cherish freedom and human enterprise that this day celebrates".
Germany is now sitting on a mountain of savings.
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