Indian frontline benchmarks - the S&P BSE Sensex and the Nifty50 - have rallied around 12 per cent each since June-end and outperformed their global peers by a wide margin. On Thursday, the US Fed hiked interest rates by another 75 basis points (bps) - the third such hike this year - and surprised the markets by projecting further sizable hikes in the coming months. With the latest hike, the Fed fund rate (FFR) now stands in the range of 3 - 3.25 per cent and is highest since January 2008.
The 96-year-old monarch has been suffering from age-related mobility issues and has cut down her travels, including appointing new Prime Minister Liz Truss in Scotland earlier this week.
'Only if the Budget springs some surprises we may see a halt in the selling.'
US media reports that Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp, could be the latest technology giant to downsize its workforce have triggered trepidation among its 300-400 employees in India, according to people familiar with the matter. "We have not heard much about the impact (of downsizing) on India. "It's a wait-and-watch situation. Certainly, there is uncertainty," said a source.
TCS is confident of achieving a double-digit revenue growth in the current fiscal and will be targeting a similar performance in FY24 as well, a senior executive said on Tuesday. The largest IT services exporter's ability to achieve the number in FY24 will hinge on how the macroeconomic situation, including geopolitical tensions, commodity price pressures, inflation and financial tightening worries, play out, chief operating officer N Ganapathy Subramaniam told PTI. "(For) this year (FY23), probably we are there (double-digit growth).
Riyan Parag went as low as legally allowed in cricket to release a ball when bowling to Chris Gayle.
'I know he's done a bit of it in The Hundred (with the London Spirit) but having someone like Shane Warne to take over the England cricket team now he would have done a great job.'
Equity indices made an emphatic comeback on Friday after falling for seven straight sessions after the RBI hiked interest rates by 50 basis points on expected lines and projected inflation coming under control from January next year. A strong recovery in the rupee added to the momentum, traders said. Overcoming a wobbly start, the 30-share BSE Sensex soared 1,016.96 points or 1.80 per cent to settle at 57,426.92. During the day, it rallied 1,312.67 points or 2.32 per cent to 57,722.63.
In the last four months, the Centre has been reviewing all the "Buy-Global" cases that are in the contracting phase right now, Jaju said.
The answer to Chinese tactics of nibbling territory is not defence of every inch -- a military impossibility -- but instead, nibbling at Chinese territory wherever we are in a stronger position, counsels Colonel Anil A Athale (retd).
Former India captain Sunil Gavaskar slammed the standard of umpiring in the ongoing Indian Premier League.
'I never imagined that there would come a day when the NBA game would be seen and heard by Indian fans in their own language.'
Indians will forever remember Akram as the scary phenomenon with the soft smile, the man who rattled through the Indian batting order, but was rarely as hated as Waqar or Shoaib Akhtar, observes Vaibhav Raghunandan.
The company's decision may impact new projects, which are likely to get delayed, said sources in the know. Among the IT players that work with Macy's are Accenture, Cognizant, Tata Consultancy Services (TCS), and Infosys. Macy's is among the top 5-10 clients of these companies.
Kevin Pietersen predicts the in-form Delhi Capitals to win this year's Indian Premier League.
Nikhil did commentary duty for a match in Australia before coming to Bangkok. He will return to Australia at the end of this week after his son's event on Sunday.
Dean Jones, who was doing commentary for the ongoing IPL for official broadcasters Star Sports, suffered a massive heart attack in Mumbai.
Sir Vivian Richards fell ill while he was on air doing a pre-game analysis ahead of the start of the second Test match between India and West Indies, in Jamaica, on Friday.
Chappell is a Sydney Northern Beaches resident, which has witnessed a fresh COVID-19 outbreak in the past few days.
Serena Williams could easily walk off the court and into the broadcast booth if she wants to, pocketing a handsome paycheck and boosting ratings for a sport that is losing star power, those in the business say.
'That is the one headline the world is reading about India this week, and it is a potentially damaging story...' 'I don't think a panic mentality has set in, but this story is one that investors and market watchers are absolutely seized with.'
Investors have become poorer by over Rs 10.36 lakh crore in the last four trading sessions as the domestic equity benchmarks extended their losses amid weak global trends. The Sensex and Nifty closed in the red for the fourth straight session on Friday amid continued selling by foreign institutional investors. The BSE Sensex ended 427.44 points or 0.72 per cent lower at 59,037.18.
The 42-year-old British Indian politician acknowledges "playing catch-up" to Liz Truss in the race as he continues his campaign tour of the UK to win over Conservative Party members' votes.
Photos circulating in social media on Thursday showed two banners hung on an overpass of a major thoroughfare in the northwest of the Chinese capital, protesting against Xi's unpopular zero-COVID policy and authoritarian rule.
Former India batter VVS Laxman will be the next head of the National Cricket Academy (NCA), a senior BCCI official confirmed on Sunday.
Bhuvneshwar has leaked quite a lot of runs at the death in the last few matches.
'It's 2020 and things still don't change for me. When will I stop getting dragged into cricket and stop being used to pass sweeping statements?' Anu asked.
Arunoday Singh shines in this wickedly funny crime thriller, observes Namrata Thakker.
As good as Mammootty is playing Sundaram, we see this facet of his performance through two lenses: That of Sundaram being an offset to whatever we know about James, and that of Mammootty doing quintessentially Tamil tics, including enacting scenes from old Tamil movies like solo plays, observes Rohit Sathish Nair.
Black Panther: Wakanda Forever makes you mourn the legend that was Chadwick Boseman, but also assures that forward is the only way to go, observes Mayur Sanap. Black Panther: Wakanda Forever
Naresh Kumar, who famously mentored a young Leander Paes as India's Davis Cup captain, has passed away.
If you are a BJP backer, you'd ask why Modi and Shah would even bother about Rahul Gandhi and Congress. But they do. Because they are serious politicians who win elections. That's why their priority is to ensure Rahul cannot shed his 'Pappu' image, points Shekhar Gupta.
Xi, 68, holds China's all three power centres -- General-Secretary of the CPC, Chairman of the powerful Central Military Commission which is the overall high command of the military, and the Presidency is set to complete his second five-year tenure next year.
'I may have left Indian shores, but I am still thinking about a country that has showered me with lots of love and affection.'
Xi said the entire military should devote all its energy to carry out all its work for combat readiness, enhance its capability to fight and win, and effectively fulfill its missions and tasks
To celebrate India's glorious World Cup win on June 25, 1983, Paymentz launch The 1983 World Cup Opus exactly 39 years later.
Mili establishes Janhvi Kapoor as an actor striving to be taken seriously, observes Sukanya Verma.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances