The RBI is likely to reduce the key interest rate by 25 basis points this week after keeping it on hold for two years, complementing the Union Budget initiatives to push consumption-led demand, though the sliding rupee continues to be a concern. As the retail inflation has remained within the Reserve Bank's comfort zone (less than 6 per cent) for most of the year, the central bank can take rate action to boost growth hit by sluggish consumption, opined experts.
India's forex reserves dropped by $8.71 billion to $625.87 billion in the week ended January 10, the RBI said on Friday. Earlier, the overall kitty dropped by $5.693 billion to $634.58 billion in the week ended January 3, the Reserve Bank of India said.
Rishabh Pant has been nominated for the prestigious Laureus World Comeback of the Year Award.
Stars Watch As Eagles Win Super Bowl; Serena steals show at half-time
Australian captain Sam Kerr who has Indian ancestry, has pleaded not guilty to one count of racially aggravated harassment.
This is the one of the strongest line-ups in a chess tournament ever, with four of them with a rating over 2800.
India's forex reserves dropped by $5.69 billion to $634.58 billion in the week ended January 3, the Reserve Bank of India said on Friday. In the previous reporting week, the overall kitty had declined by $4.11 billion to $640.28 billion.
Allu Arjun's biggest blockbuster, Satyajit Ray's story and Spidey's exciting new avatar, Sukanya Verma lists her recommendations on OTT this week.
The all-time attendance record at the Melbourne Cricket Ground was smashed on Monday when the total attendance for the fourth Test touched an unprecedented 350,700.
Tim Southee equalled West Indies great Chris Gayle's tally of sixes in Test cricket to move to joint-fourth spot in the all-time list.
Indian women's cricket team skipper Smriti Mandhana created history on Wednesday by smashing the fastest century in One-Day Internationals by an Indian woman cricketer.
'He would have f****** ripped on Bradman's pegs out in a matter of balls'
DIIs owned equities worth Rs 73.5 trillion, just 1.9 per cent less than FPIs. This marks a significant change from a decade ago.
Manchester City's spending of more than 180 million pounds ($223.58 million) was the second-biggest outlay ever worldwide by a club in the January transfer window.
A record-breaking 47,566 spectators packed the stands on day one of the fifth India-Australia Test on Friday.
'These people got caught in Pakistan, and jailed for a year-and-a-half, their release was delayed due to various political factors that were happening during 2017, 2018 and 2019.'
'A lot of people are famous. But for how long will you be there?' 'It changes after every three days of release, Friday, Saturday, Sunday.'
India's forex reserves dropped by $4.11 billion to $640.28 billion during the week ended December 27, the Reserve Bank said on Friday. In the previous reporting week, the overall kitty had dropped by $8.48 billion to $644.39 billion.
Former Manchester United and Scotland forward Denis Law has died at the age of 84.
A round-up of Saturday's action in the English Premier League.
'Regardless of whether you invest Rs 100 or Rs 1 crore per month, risk is inevitable.' 'Positive returns at the end of the year can never be guaranteed.' 'This is a fundamental truth every SIP investor must grasp.'
Jasprit Bumrah, Ravindra Jadeja and Yashasvi Jaiswal have been recognised for their exceptional performances in 2024 by being named in the ICC Men's Test Team of the Year.
The unanswerable question, of course, is whether Djokovic is the GOAT. That's a complex issue over which fans will forever bicker, observes Kanika Datta.
Adityanath asked the chief secretary and the director general of police to conduct a thorough review of the Maha Kumbh Mela arrangements on Thursday. "Every aspect related to security and public convenience must be carefully examined to ensure seamless arrangements for Basant Panchami," he said.
Olivier Giroud scored against Poland in their World Cup last-16 clash on Sunday to become France's all-time top scorer with 52 goals.
Jasprit Bumrah overtook spin great Bishan Singh Bedi's all-time record for the most wickets by an Indian bowler in an away Test series.
From the Sensex pack, Infosys jumped the most by 3.67 per cent. Asian Paints, HCL Technologies, Reliance Industries, ICICI Bank, Wipro, NTPC, Tech Mahindra, Bajaj Finserv and Larsen & Toubro were among the other major gainers. State Bank of India, Bajaj Finance, Titan, Tata Steel, Tata Motors and UltraTech Cement were among the laggards.
Neeraj Chopra pipped two-time world champion Anderson Peters of Grenada for the top spot in the 2024
Former hockey captain P R Sreejesh was chosen for the Padma Bhushan, while Ravichandran Ashwin was among the Padma Shri winners.
Gems of wisdom from Dr Manmohan Singh, who passed into the ages on December 26, 2024.
During Emergency Indira Gandhi acquired absolute power. Lakhs of political opponents, students, activists were arrested.
Dalal Street had a roller coaster ride in 2024 from shattering record after record to facing heavy correction off-late but equity markets still rewarded investors with positive returns, driven by a surge in domestic fund flows and a resilient macro landscape. The first half of the year saw robust corporate earnings, a surge in domestic flows, and a resilient macro landscape, driving the Nifty to an all-time high of 26,277.35 in September 2024, according to Motilal Oswal Wealth Management.
This milestone underscores his longevity and commitment to the sport, especially considering the physical and mental demands of playing at the top level.
The country's forex reserves dropped by a further $8.48 billion to $644.39 billion for the week ended December 20, the RBI said on Friday. In the previous reporting week, the reserves had dropped by $1.988 billion to a six-month low of $652.87 billion.
As India faces slowing economic growth, HSBC Global Research has downgraded the Indian stock market outlook from "overweight" to "neutral". In a report, the global financial services firm said profits at India Inc appeared to have softened while valuations are elevated. After annualized growth of 25 per cent in recent years, profits appear to have softened while valuations are elevated at 23x forward earnings.
Harry Brook matched the legendary Sachin Tendulkar's career-high of 898 rating points in the ICC Test batting rankings.
Bumrah finished as the leading wicket-taker with an incredible tally though India lost the series 1-3 after the six-wicket defeat in the fifth Test at the SCG
A great admirer of Raj Kapoor's film songs, senior journalist Rajdeep Sardesai says his all-time Raj Kapoor favourite song is the magical duet Pyar Hua Iqrar Hua.
'The cost of flying to Prayagraj has gone up six times due to the Kumbh Mela.'
India's forex reserves dropped by $1.99 billion to $652.87 billion for the week ended December 13, the RBI said on Friday. In the previous reporting week, the overall reserves had dropped by $3.235 billion to $654.857 billion.