The Standard Chartered Bank is set to ask three of its executives to go on leave following complaints made by a few high net worth clients on mis-selling of products.
Inaccuracies in furnishing arrival and departure timings at the national train inquiry system will soon be a thing of the past as the Indian Railways is all set to go high-tech with the launching of an IT-enabled control charting system. Currently a trial run of the new system is being carried out in Madurai and Trichy divisions as a pilot project.
India has allocated Rs 1.72 trillion, or 27.67 per cent of the total defence budget to cater to modernisation of the country's arsenal. Modern militaries spend up to 50 to 60 per cent of their total defence budget so that they go into combat with superior weaponry and equipment.
Teja Sajja is agile and a decent actor but not charismatic enough to watch in almost every frame, observes Deepa Gahlot.
Real Madrid midfielder Luka Modric came off the bench to net a stunning strike from the edge of the box late in the second half to secure a 1-0 home win over Sevilla on Sunday and stretch their lead at the top of La Liga to eight points.
Indian women's doubles pair of Treesa Jolly and Gayatri and Gayatri Gopichand also improved two spots to the 17th position.
If a bank shuts down, every account holder it has will get back their money for a maximum limit of Rs 5 lakh. It was Rs 1 lakh before.
Former West Indies skipper Brian Lara on Sunday backed Indian stars Virat Kohli and Rohit Sharma to play ICC T20 World Cup to be held next year in the West Indies and USA, saying that the duo has a lot of experience of Caribbean conditions.
India's current account deficit declined sharply to 1 per cent of the GDP or $8.3 billion in the second quarter of this financial year, mainly due to lower merchandise trade deficit and growth in services exports, according to a RBI data released on Tuesday. The current account deficit (CAD), which represents the difference between the total amount of money sent abroad and money received from overseas across the economy, was 3.8 per cent of GDP or $30.9 billion in the July-September quarter in 2022-23. CAD was $9.2 billion or 1.1 per cent of GDP in the first quarter (April-June) of the current financial year 2023-24.
Led by Saharan, who is leading the batting charts with 389 runs, the team's performance got better with each match and the only time it has been pushed to a corner in the tournament is the semifinal where it pipped hosts South Africa by a solitary wicket.
'Watching Virat Kohli master the chase with remarkable consistency is becoming a routine for us.'
Liverpool's Luis Suarez scored his second hat-trick of the season to top the Premier League scoring charts on Saturday, the Uruguayan taking his tally to 21 with some lethal finishing in the 4-0 thrashing of Wigan Athletic.
Embarking on a fresh start after last year's alleged Rs 870 crore fraud in its Indian arm, sportswear major Reebok is undertaking a new retail concept and marketing campaign to chart out a new growth story.
Investing the time and resources needed to acquire new skill sets and sharpen existing ones will enable you to stay relevant and make you more employable, says Ankit Aggarwal, founder and CEO of Unstop.
The singer's travel-friendly fashion pieces will help you step up your tarmac-dressing game.
Taiwan in 1951 came up with an ingenious plan to improve tax compliance: citizens taking receipts for purchases could use them as lottery tickets. Customers were incentivized, and businesses found it hard to evade taxes. The plan's success prompted other countries, Slovakia and Greece among them, to launch similar initiatives. India doesn't seem to find the need yet for such schemes amid surging goods and services tax (GST) collections.
With the surge in tourist footfalls to Varanasi in 2022, it almost rivals the arrivals in Agra and puts it way ahead of Prayagraj and Ayodhya.
A buoyant equity market, coupled with an improved performance of mutual funds (MFs) on the returns chart, has heightened retail investors' appetite for equities. In the past few months, equity MF schemes have seen a surge in fresh investments through both lump sum (one-time investments) and systematic investment plan (SIP) routes. During the August-September 2023 period, equity MF schemes recorded net lump sum investments of Rs 35,270 crore, compared to just Rs 5,550 crore in the previous three months, according to data from the Association of Mutual Funds in India (Amfi).
The growth in India's domestic aviation capacity in calendar year 2023 (CY23) was the sixth highest among 20 major domestic markets, compared to the pre-pandemic year of CY19. The domestic capacity in the country surpassed the pre-pandemic level seen in CY19 and was up 5 per cent in CY23. It trails Mexico, Columbia, China, Vietnam, and Spain, which have shown higher growth, according to data shared in a seminar organised by global travel data provider OAG on global aviation trends in 2023.
Retail investors now own a bigger slice of smallcap companies than at the start of 2023-24 (FY24), underscoring their growing conviction about investing in this red-hot space. Data from Capitaline shows mutual funds' (MFs') average holding in the National Stock Exchange Nifty Smallcap 250 rising to 9.26 per cent from 8.67 per cent during the first six months of FY24, with the number of companies with over 20 per cent MF holdings increasing from 24 to 28. In comparison, MF holdings in Nifty50 companies have gone up only marginally, from 9.67 per cent to 9.75 per cent.
Actively managed debt funds with the flexibility to go long on duration made a strong comeback on the returns chart in 2023, thanks to softening bond yields. The average one-year returns of floater, long-duration, gilt, and dynamic bond funds, which ranged between 2.3 per cent and 4.5 per cent at the end of 2022, now stand at over 7.2 per cent, with some schemes delivering over 8.5 per cent, according to data from Value Research. Debt fund returns are inversely related to yields of underlying investments, meaning a decline in yields is positive for funds.
At this year's TIME ball in New York City on Thursday, April 25, you would have run into a Coimbatore-born American scientist, looking lovely in Sabyasachi Mukherjee designer finery, who would most likely have been hanging out with Dua Lipa.
Manjummel Boys gets so many things right, applauds Arjun Menon.
Frequently changing captains and coaches has hurt Kings XI Punjab in the past and that is why the franchise has decided to work on a three-year plan under Anil Kumble and K L Rahul to take the side forward, co-owner Ness Wadia said.
'Candidates will receive hands-on training in drone piloting, maintenance, data analysis, and regulatory compliance.'
'He only promotes those leaders who will never show any resistance to him in future.'
Among India's capital-starved local banks, Essar is viewed as too big to fail.
The economy may grow by around 7 per cent this financial year as estimated by the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), say economists with various organisations. The first advance estimates for 2023-24 will be released on Friday by the National Statistical Organisation (NSO), an exercise done for calculating ratios such as the fiscal deficit. The interim Budget will be presented on February 1.
There hasn't been any dramatic moment in the first act (the Budget) but nobody would complain. It's par for the course as long as the figures don't change in the main Budget, which will be presented after general elections.
India will be overwhelming favourites in the upcoming World Cup final against Australia, the team's former head coach Ravi Shastri said on Friday while urging the hosts to stick to their game plans.
Former India cricketer Zaheer Khan reflects on India's heartbreaking loss in the World Cup final.
India need nothing more than a win against a tricky Syria to keep alive their faint hopes of making the knockout stage.
Extreme weather events and disasters have been on the rise in the region.
Infosys will focus on stabilisation in FY19 followed by building momentum the following year, and acceleration thereafter.
Mahindra & Mahindra was the biggest gainer on the Sensex chart, rising 2.56 per cent, followed by Tata Steel, Tech Mahindra, Nestle, Power Grid, Infosys, HCL Technologies, Axis Bank, UltraTech Cement and L&T. In contrast, Asian Paints, ITC, Bajaj Finserv, Bharti Airtel and Tata Motors were among the laggards.
Rihanna has got her 12th number one single with the release of Diamonds.
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