India's leading steel companies hope the Modi 3.0 Budget will continue the massive capital expenditure currently underway, focusing on infrastructure development, manufacturing, and fair trade. The infrastructure segment is the largest steel user, and the government's focus has fuelled steel consumption even as international markets have underperformed. According to provisional statistics, steel consumption grew 13.6 per cent in FY24, reaching 136 million tonnes (mt), according to a CRISIL report.
80-year-old passenger collapsed and later died after walking from plane to terminal at the Mumbai airport after not getting a wheelchair.
Adani group plans to invest about Rs 1.3 lakh crore across its portfolio companies this fiscal as it doubles down on its $100 billion investment guidance over the next 7-10 years to grow businesses, group CFO said on Tuesday. The investment across portfolio companies that range from ports to energy, airports, commodities, cement and media will be 70 per cent met through internal cash generation and the remaining through debt, Group CFO Jugeshinder 'Robbie' Singh told reporters in Ahmedabad.
This period saw big stars of the likes of Sunil Gavaskar and Kapil Dev fade into the sunset while it was witness to the birth of slew of young Indian cricketers that made their mark home and abroad.
Air India has laid off more than 180 non-flying staff in recent weeks, sources said while the airline maintained that the affected people were not able to utilise the voluntary retirement schemes and reskilling opportunities. The loss-making Air India was taken over by the Tata Group in January 2022 and since then, efforts are being made to streamline the business model. An Air India spokesperson on Friday said that as part of the fitment process, employees in non-flying functions have been assigned roles based on organisational needs and individual merit.
Domestic passenger vehicle wholesales rose 14 per cent year-on-year to 393,074 units last month, the best-ever figure for January, amid robust demand for utility vehicles, industry body SIAM said on Wednesday. As per the latest data issued by the Society of Indian Automobile Manufacturers (SIAM), dispatches of passenger vehicle from manufacturers to dealers stood at 346,080 units in January 2023.
Gavaskar, impressed by Jurel's approach and situational awareness, made comparisons to the legendary MS Dhoni
'The discussion before this innings with Dhruv was 'go down to the level of your practice and everything will be fine'. The talk is always about staying hungry.'
A Division Bench headed by Chief Justice K Vinod Chandran passed the order on a bunch of petitions which had opposed the legislations brought by the Nitish Kumar government in November 2023.
The RBI on Wednesday barred Paytm Payments Bank Ltd from accepting deposits or top-ups in any customer account, prepaid instruments, wallets, and FASTags, among others after February 29, 2024.
Larsen & Toubro, Axis Bank, Reliance Industries, UltraTech Cement, Mahindra & Mahindra, IndusInd Bank, ICICI Bank and Tata Steel were the other big gainers. Sun Pharma, HCL Technologies, Asian Paints, Nestle and Infosys were the laggards.
The department Thursday confirmed by email that Officer Daniel Auderer has been administratively reassigned to a non-operational position.
The two-wheeler segment has shown signs of recovery in the first half (H1) of calendar year (CY) 2024, largely driven by improving performance in rural areas. According to the Federation of Automobile Dealers Associations, rural contribution to two-wheeler sales surged by 57-60 per cent in the April-June quarter of 2024-25, indicating a rising demand in these regions. Experts believe that this trend will continue, supported by a favourable monsoon season and government initiatives aimed at rural development.
Benchmark stock indices Sensex and Nifty rallied more than 1.6 per cent to close at lifetime high levels on Thursday following buying in banking, oil and auto shares and a record dividend payout by the RBI to the government. Regaining the 75,000 level after its best single-day gain since January 29, the 30-share BSE Sensex closed at all-time peak of 75,418.04, up by 1,196.98 points or 1.61 per cent over the last close.
The wait for the highly-awaited India vs Pakistan World Cup contest finally came to an end and fans didn't disappoint as they thronged to the Narendra Modi Stadium.
Prior to the start of the World Cup final, Indian Air Force's aerobatic team Surya Kirans put up a grand show at the Narendra Modi Stadium.
Devon Conway and Rachin Ravindra smashed rapid unbeaten centuries to set up New Zealand's successful pursuit of a 283-run victory target, which came with 13.4 overs to spare.
Yuvraj feels India needs someone with Rohit's expertise to lead the Indian team at the marquee event.
In a major relief to 25,753 teachers and non-teaching staff of West Bengal, the Supreme Court on Tuesday stayed the order of the Calcutta high court order invalidating their appointment made by the state's School Service Commission (SSC) in the state-run and state-aided schools.
The Indian Air Force's Surya Kiran aerobatic team rehearses for an air show ahead of the World Cup 2023 final between India and Australia at the Narendra Modi stadium.
Ravichandran Ashwin's childhood coach Sunil Subramanian wished the experienced off-spinner ahead of his 100th Test as India is set to lock horns with England in the fifth and final Test of the five-match series at Dharamsala from Thursday.
Star India wicketkeeper-batter Rishabh Pant heaped praise on youngster Yashasvi Jaiswal and said that the 22-year-old is someone who stays in the present and doesn't think about the future.
Artists in Ahmedabad paint tattoos ahead of Navratri.
From the Sensex basket, ITC, Kotak Mahindra Bank, Bharti Airtel, State Bank of India, Asian Paints, Tech Mahindra, Reliance Industries and Nestle were the major gainers. Maruti, HDFC Bank, Larsen & Toubro and Mahindra & Mahindra were among the laggards.
Zimbabwe suspends two players over alleged drug use
India, who defeated England by five wickets in the fourth Test in Ranchi to take an unassailable 3-1 lead in the five-match series, replaced the Kiwis with a stronger points percentage of 64.58.
The Patna and Raipur chapters of the Indian Medical Association (IMA) have lodged complaints in 2021 alleging Ramdev's remarks were likely to cause prejudice to Covid control mechanism and may dissuade people from availing proper treatment.
Coal India looks set to achieve its 2024-25 (FY25) production targets. If it can achieve its aim of ramping up Fuel Supply Agreement (FSA) and e-auction volumes, along with cost-saving, evacuation and infrastructure-improvement projects, the company could maintain its momentum as a critical infrastructure and core industry performer. Analysts estimate e-auction volumes of 108 million tonnes (MT) in FY25 and 120 MT for FY26, which is encouraging given the premium of e-auction prices which are consistently over 50 per cent higher than FSA.
Bazball is fine, but England Test team needs common sense: Boycott
A 16-year-old Sunil Chhetri's joy knew no bounds when he was handed over a token amount of Rs 1000 for his first-ever contract with a Delhi-based club, recalled his childhood coach Mohammad Sajid on Thursday.
In seeking visa approvals for engineers from China, the company has reasoned that India lacks the expertise to set up such a solar facility.
The country's leading cement maker UltraTech on Thursday said it will acquire a 23 per cent stake in its Chennai-based rival India Cements Ltd, in a deal estimated to be around Rs 1,885 crore. As part of the transaction, UltraTech Cement will acquire 7.06 crores equity shares of India Cements at a price of up to Rs 267 per share, according to a regulatory filing from the Aditya Birla Group flagship firm.
The Supreme Court on Tuesday asked various state governments to apprise it in six weeks on the action taken in incidents of mob lynching and cow vigilantism.
'The adjustments (of tax slabs and standard deduction) will reduce the tax burden for salaried individuals with an income of around Rs 20 lakh by approximately Rs 18,000.' 'For non-salaried individuals with the same income level, the savings will be around Rs 10,000.'
The Adani group, buoyed by a sharp recovery in its share prices over the past year, is set to embark on a series of roadshows this week to raise up to $4 billion (approximately Rs 33,254 crore) through equity and refinancing of older debt, according to banking sources. The roadshows, scheduled to take place in major cities, will inform investors about the group's investment plans across renewable energy, petrochemicals, and infrastructure development.
Get your lowdown on what's going on in the world of Bollywood.
Ahead of Saturday's India-Pakistan World Cup 2023 game at Ahmedabad's Narendra Modi stadium, cricket fans in the city show their support by painting their bodies in the colours of the national flags of both nations.
Following a 434-run victory against England at Niranjan Shah Stadium in Rajkot on Sunday, former skipper Michael Vaughan took to social media and said that England's performance is a "wake-up call" that they cannot play in one particular way against quality teams.
The battle for the top spot in the two-wheeler market is intensifying. The gap between Hero MotoCorp and Honda Motorcycle & Scooter India (HMSI) in retail sales narrowed to just 45,607 units in June. This improvement comes as HMSI has clawed back market share after dipping to a historic low of 18 per cent in May 2023. Now, the retail market shares of the two companies are 28.86 per cent and 25.54 per cent, respectively, compared to 35.54 per cent and 18.05 per cent in May 2023.
During the Rath Yatra, Lord Jagannath, his elder brother Balabhadra and younger sister Subhadra are carried from their home temple to another temple, located in what is believed to be their aunt's home.
