Investors became richer by over Rs 6.34 lakh crore on Monday as markets gave a big shout-out to the Budget 2021-22, which analysts termed as 'unprecedented' against the backdrop of the pandemic-induced slowdown. Cheering the Budget proposals, the BSE benchmark Sensex zoomed 2,314.84 points or 5 per cent to close at 48,600.61. During the day, it jumped 2,478.63 points to 48,764.40. This was the best Budget-day gain for the markets since 1997, analysts said. Following the extremely positive market sentiment, the market capitalisation of BSE-listed companies rallied Rs 6,34,069.67 crore to Rs 1,92,46,713.70 crore.
Praising Kuldeep Yadav for his recent exploits in international cricket, India discard Suresh Raina said credit should be given to former head coach Anil Kumble for shaping the young spinner.
However, both developers as well as analysts are hopeful that these business metrics will pick up once activity resumes.
Mahendra Singh Dhoni went through a rigorous net session at the National Cricket Academy in Bengaluru, far from public gaze, ahead of the upcoming England tour.
RIL, however, remains miles ahead of TCS in other financial parameters such as total revenue, operating profit, net worth, assets, and market capitalisation.
First sequential decline in a decade as 8 of top 15 software firms report drop in manpower
Market grew 15% YoY in June quarter, sharply lower from 23% in previous quarter and 34% in the same quarter of 2015
Please help Messrs Kohli and Shastri pick India's side for the Edgbaston Test.
'The only chance England will have is, if they give green tops, but if they give green tops they will also struggle, because we also have very good swing bowlers'
Total Revenue increased by 41% YoY to Rs. 35.46 billion
Former India batsman Yuvraj Singh slammed the MSK Prasad-led national selection panel, saying there is a definite need for having better selectors.
Analysts said the demand recovery in two-wheeler and car segments was skewed towards the semi-urban and rural markets.
India's factory output climbed 22.4 per cent in March, benefiting from the base effect of the lockdown-marred month a year back as well as a turnaround in the manufacturing sector, while retail inflation slipped to a three-month low of 4.29 per cent in April. The high positive annual growth in the index of industrial production (IIP) in March 2021 came on back of a contraction of (-)0.9 per cent and (-)3.4 per cent in January and February 2021 respectively, according to the data released by the National Statistical Office (NSO) on Wednesday. This turnaround was led by recovery in the mining, manufacturing and electricity sectors.
Ravichandran Ashwin and Ravindra Jadeja were ignored by the national selectors for the third time in a row as they continued with the younger crop for the ODI series against New Zealand.
Singer Falu caps tour with a stint in the Big Apple.
Vocalist and composer Falu is living proof that classical music and rock can blend.
Wasim Jaffer defied age and modern fitness norms to flay a young Rest of India Mumbaikar attack throughout the second day of Irani Cup as Vidarbha reached a mammoth 589 for three, riding on Mumbai maestro's unbeaten 285.
Chief coach Roelant Oltmans says the performance of the team is always getting better and it is important that the level remains consistent.
Floyd's death has sparked nationwide violent protests with some protesters resorting to looting and rioting across the country, leaving behind a trail of destruction.
The bigger worry is that the miss for FY19 is likely to be significant even after assuming macro factors such as crude oil prices, rupee, input costs, and interest rates, do not worsen from the current levels, reports Vishal Chhabria.
Honey Singh with team up with Sunny Leone for a hip hop number in Ragini MMS-2
India gets new face in pace attack
Know what the Happy New Year team has been up to while on their tour? Take a look!
A look at the star-studded show that ran to a packed house!
International brands such as Daikin, Hitachi and Samsung, which were largely present in the premium products range, are getting aggressive on expanding their mid-range portfolios to penetrate into smaller cities and towns. While competition isn't hurting Voltas just yet, which has managed to retain its market share at 24.4 per cent as of September 30 (Q2), the main question is whether the company can defend its market share without compromising on profitability.
Tabla pioneer Ustad Zakir Hussain presents a series of concerts at Carnegie Hall.
Exemptions on the personal income tax would increase the income in the hands of the consumers, thereby increasing spending.
Without accounting for refunds, however, the collection contracted 5.4 per cent, indicating muted economic activity as the Covid-19 pandemic and subsequent curbs paralysed most sectors.
A Daily SIP collects a small sum from an individual on a daily basis and invests it in the market. It operates like any mutual fund, where the disbursement and handling of the money is the fund manager's prerogative.
While most experts suggest the government loosen its purse strings and not worry about the fiscal deficit in a pandemic impacted year, it will be a tightrope walk for the government to increase spending without going overboard.
Why would the rarely seen diva make an exception for Mrs Kundra?
The Indian equity market is likely to see one of its worst phases, with most sectors expected to report a decline in earnings or single-digit earnings growth in Q4 FY'09, a leading broking firm said in its report.
The move comes after Neeraj Kanwar's reappointment as managing director was rejected by minority shareholders owing to his salary, which increased in spite of a fall in the company's profitability.
Total revenue came in at Rs 20,422 crore for the September quarter, which was 6.2 per cent lower than Rs 21,777 crore notched in the year-ago period.
If the interest rate on bank deposits is linked to any external benchmark, it would jeopardise the banks' fund-raising ability. Interest rates on small savings schemes are likely to be reduced very shortly, to maintain parity. All these steps would indeed affect retired people, and particularly those dependent on interest income, says Arindam Gupta.
The Barcelona legend showed his support following the end of the World Health Worker Week, which concluded on Saturday.
The India Test vice-captain has scored just three hundreds and eight fifties from 48 innings since 2016.
As global economies contract because of the Covid-19 pandemic, the focus of most of the India Inc has now moved back to the home market where demand is expected to pick substantially from the coming festival season.
Some #BottleCapChallenge stunts are very funny.
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