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India Inc continued to grapple with muted revenue growth in the September 2024 quarter (Q2FY25) and witnessed a decline in margins and profits. The headwinds were especially severe for non-financial companies, while banking, financial services, and insurance (BFSI) firms significantly outpaced the rest of the corporate sector. The total profit of 1,353 listed companies that have released their Q2FY25 results thus far dropped by 0.6 per cent year-on-year (Y-o-Y) - the first cumulative earnings decline in eight quarters.
Uzbekistan lives comfortably in several centuries but is also a forward-looking nation, Deepa Gahlot discovers on a visit to this Central Asian country.
Union Finance Minister Nirmala Sitharaman on Tuesday said the fiscal deficit for 2024-25 is estimated at 4.9 per cent of GDP.
Kharge's remarks came after Modi on Friday said the Congress stands "badly exposed" in front of people for promising to them what the party knows it will never be able to deliver.
India's venture capital (VC) landscape saw a strategic shift during the first half (H1) of the calendar year (CY) 2024, with a notable increase in larger-sized investments. This was evident from a 45.3 per cent rise in disclosed funding value year-on-year, despite a 2.1 per cent drop in deal volume, according to GlobalData, a data analytics and consulting company.
He will next face Le Duc Phat of Vietnam on Wednesday in the second and final group match.
These five yoga asanas, when practiced consistently, can help you achieve your goal of reducing belly fat, says Pushpa R.
The Mumbai civic body and police have advised all people in the city and surrounding areas to stay indoors as much as possible.
Moody's Ratings on Tuesday projected general government debt to stabilise above 80 per cent of GDP over the next three years, down from 89.3 per cent in 2020-21. "General government interest payments to fall to around 24 per cent of general government revenue over the next two years from over 28 per cent in fiscal 2020-21, although this remains much higher than the median 8.7 per cent recorded by Baa-rated peers," Moody's Ratings associate managing director Gene Fang said in a post-Budget reaction.
The situation in Jainoor town in Kumuram Bheem Asifabad district remained peaceful on Thursday a day after a protest by tribal organisations against an autorickshaw driver's alleged attempt to rape and murder a tribal woman sparked communal tension prompting authorities to impose a curfew.
The value of private equity (PE)-backed mergers and acquisitions (M&As) in India reached a six-year low during the first seven months of the current calendar year, amid ongoing global uncertainties. The total value of these deals stood at $6.2 billion during the period, down from $9 billion in the same period last year, and lower than the $14 billion recorded during the corresponding period in 2019, according to data from LSEG Deals Intelligence. PE funds pool capital from investors, including high-net-worth individuals, to invest in high-return opportunities.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
The launch of a range of electric motorbikes (e-bikes) by Bengaluru-based Ola Electric, a first for the company, has disconcerted the industry because the low price the firm claims to be offering has the potential to disrupt the market. On August 15, Ola unveiled its Roadster series e-bike with a starting-price at Rs 74,999. This new pricing undercuts the previous lowest price in the category, which was Rs 110,000.
When there are two wills produced before the court, which one will be executed?
Sri Lankan skipper Wanindu Hasaranga admitted his team's shortcomings led to their early exit from the T20 World Cup 2024, despite a convincing win over Netherlands in their final group stage match.
'Just look at China: They have five or six major airlines and some smaller ones.'
Pant received a special jersey and a round of applause from his entire team.
Most investors should have a 5% to 10% allocation to gold for diversification. They should stagger their investments to mitigate timing risk.
While the electric version will open for bookings starting August 12, the internal combustion engine (ICE) counterparts will make their debut after September 2, says Rajesh Karkera/Rediff.com.
Tahitian Kauli Vaast surfed a near perfect final to claim the gold medal for France in the men's event on Monday.
'A campaign that goes beyond caste, creed and religion.' 'This is a campaign that aims to end hunger in society'
A look at how India's athletes fared on Day 2, on Sunday, July 28, 2024:
The BJP-led National Democratic Alliance's (NDA) slim majority in Lok Sabha may delay more far-reaching economic and fiscal reforms that could impede progress on fiscal consolidation, Moody's Ratings said on Wednesday. NDA securing a majority in the general elections will give a historic third term for Narendra Modi as Prime Minister of India. "We expect policy continuity, especially with regards to budgetary emphasis on infrastructure spending and boosting domestic manufacturing, to support robust economic growth.
Around 12.30 am, the elevated platform collapsed as it could not bear the weight of the people sitting on it and fell on those seated below, the DCP said.
Facing each other for the first time in seven months after their heated Denmark Open semifinal clash, the double Olympic medalist Indian reeled off five successive points to take the opening game.
Five years after being rejected twice for an Indian visa, Javeria Khanum from Pakistan travels to this country to marry Kolkata resident Sameer Khan.
Congress leader Mani Shankar Aiyar's remarks on Pakistan sparked a political row on Friday, with his party quick to dissociate itself from the comments while the ruling Bharatiya Janata Party latched on to them, accusing the Congress of being an apologist for Pakistan and the terrorism emanating from its soil.
Who else do we know who meditated so with such impeccable timing (much of the Lok Sabha elections over and with only the last phase to go) and hordes for unsolicited defence of the grand meditation at public expense? asks Shyam G Menon.
Marcus Stoinis struck a half-century as LSG picked up their sixth win of the season.
IMAGES from the IPL match between Mumbai Indians and Lucknow Super Giants in Lucknow on Tuesday
A Pakistani woman on Tuesday crossed over to India from the Wagah-Attari International Border to marry a Kolkata resident with whom her marriage has been fixed in January next year.
'This is the victory of the people of Gujarat who want real development, not the hype of development.'
In the Muslim community, views on this Lok Sabha election seem to vary, with some seeing it as crucial for India's pluralism while others feel neglected by political parties.
A Rs 7,056 crore outer harbour project by VO Chidambaranar (VOC) Port in Tuticorin is garnering interest from domestic and global majors in the sector, such as Adani Ports and Special Economic Zone, Singapore's PSA International, Dutch major Van Oord, JM Baxi, and JSW, among others, according to sources close to the development. The project aims to capitalise on the newfound investor interest in the region, spurred by mega investments such as the Rs 16,000 crore electric vehicle manufacturing unit by Vietnamese major VinFast, the Indian Space Research Organisation's second spaceport in Tamil Nadu's Kulasekarapattinam, and Singapore's Sembcorp's Rs 36,238 crore investment in renewable energy.
While conditions have improved over the last decade in western UP, there are still unfulfilled needs.
Swiggy is planning to file its draft red herring prospectus with the Securities and Exchange Board of India for its initial public offering (IPO) in the next two weeks, aiming for an $11 billion IPO valuation target. The Bengaluru-based firm plans to raise an estimated $1 billion (Rs 8,300 crore) through the IPO this year. The company is targeting a valuation in the range of $10-11 billion, and it currently has approximately $800 million in cash from the previous funding round, according to sources.
A voter turnout of 60.19 per cent was recorded till 5 pm in the third phase of Lok Sabha elections in 93 constituencies spread over 11 states and Union Territories on Tuesday with sporadic incidents of violence in West Bengal.
'This is the biggest crisis Kejriwal is facing in his life.' 'If he is able to come out of this, then he will have a great future.'
IMAGES from the IPL match played between Gujarat Titans and Mumbai Indians in Ahmedabad on Sunday.