Returning to their den at the Chepauk, Chennai Super Kings will look to bounce back from their opening day win when they take on Lucknow Super Giants.
Notwithstanding expectations of a pick-up in construction activity during a seasonally strong January-March quarter (fourth quarter) of 2022-23 (FY23), analysts are cautiously optimistic about the building material sector - encompassing paints, pipes, wood panels, tiles, metals, and cement - as volatile input costs, coupled with fears of a global slowdown, are making demand projections uncertain. Against this backdrop, analysts suggest investors stay selective and pick stocks of companies with stronger brand recall, expanding distribution network, diversified product profile, healthier balance sheet, and sustainable cash flow. "The government's various proposals under Budget 2023-24 (FY24) may lead to the building material segment growing between 8 per cent and 12 per cent for the next five years.
Markets gave up most of the gains made in previous session as traders' dumped frontline IT shares after Infosys reported 17% jump in net profit y-o-y, trailing street expectations.
Reserve Bank Governor Shaktikanta Das on Wednesday said underlying economic activity in India continues to be strong, but external factors will cause some "dent" to the economy. Speaking at the BFSI Insight Summit 2022 organised by Business Standard, Das said the RBI tracks 70 fast moving indicators and most of them are in the "green box". It is the external sector, mired by a fear of recession or clear visibility about slowing growth in a large part of the world, where the challenges lie, he said, adding that the impact of external demand will "dent" the economy.
A group of pro-Khalistan protesters on Sunday made an attempt to set on fire India's consulate in San Francisco, with senior Indian diplomats informing their American counterparts that they anticipate more such protests by anti-national elements in the coming weeks.
Plans for a 500-car road show were abandoned after the controversy surrounding his release.
'With Trump, the relationship was very transactional, whereas with President Biden it is very structured.'
According to JP Morgan, it seems that Jio is willing to go for the jugular in chasing market share if this hurts some of its standing rivals like Vodafone and Idea to a point from where they find it difficult to fight back.
Buttery papparadelle buried under a wild mushroom sauce and topped with shavings of fresh Parmesan cheese is a meal made in heaven.
"The Congress have gone and made promises in Punjab, Rajasthan and Chhattisgarh that they never fulfilled," Rajeev Chandrasekhar claimed.
Mumbai Indians aim to cap their superb WPL season by defeating Meg Lanning's Delhi Capitals in the final of the inaugural edition of the T20 league on Sunday.
The auto industry has had a mixed month. The build up to Dhanteras and Diwali was good but the demand tapered off subsequently.
'I would not suggest buying these stocks in the dip, as the upside in profit is dented without a safety net for a rainy day.'
Despite their opposition based on ideology, both the political Right and the political Left possess similar behaviour, observes Shyam G Menon.
Subsidies have been stopped for several manufacturers that are under investigation for alleged violations of local-sourcing rules.
Housing sales are likely to be hit, especially in affordable and mid-income categories, following the RBI's decision to hike repo rate, according to real estate developers and consultants. However, the impact of RBI's decision to raise the benchmark lending rate by 50 basis points to 5.40 per cent is expected to be for a short term, they added. This is the third consecutive rate hike after a 40 basis points and 50 basis points increase in May and June, respectively.
IMAGES from the WPL match between UP Warriorz and Royal Challengers Bangalore, played in Navi Mumbai on Wednesday.
India's top player and Asian Games gold medallist Koneru Humpy, who had come back into medal contention after a modest performance on day two, had to settle for the sixth place though she logged eight points.
Images from Friday's World Cup match between South Africa and Sri Lanka, at Chester-le-Street.
'I didn't want to do a highlight reel with greatest hits of Yash Raj Films.' 'I wanted to do an actual story.'
Despite three straight losses in the inaugural edition of the Women's Premier League, Kiwi batter Sophie Devine remained confident of RCB's turnaround.
Raut claimed that the BJP was trying to break Maharashtra into three pieces
Captain Rohit Sharma's return will certainly give solidity to the top order in the second ODI against Australia.
Rishabh Pant could bring some much-needed firepower to the batting order.
The quick survey done by Assocham found that during last year middle and lower middle income families on average spent nearly 29 per cent of their salary on Diwali for shopping, sweets, gifting etc.
There has been a lot of talk going around KL Rahul's poor form and ahead of the third Test, former India coach Ravi Shastri opened up on Rahul's struggles.
Images from the WPL match between UP Warriorz and Royal Challengers Bangalore played in Mumbai on Friday
Despite losing the Municipal Corporation of Delhi polls, the Bharatiya Janata Party fared well in trans-Yamuna areas, including northeast Delhi that was rocked by communal riots in 2020, but its performance took a hit in the city's northern and southern parts of the city, data showed.
It appears that the BJP government has succeeded in managing the communication of the PNB scam in a manner that its adverse impact on its electoral fortunes is largely contained
The Supreme Court on Tuesday ruled that armed forces can take action against their officers for adulterous acts, as it clarified the landmark 2018 judgment that decriminalised adultery.
Rajasthan Royals beat Kolkata Knight Riders by six wickets in their Indian Premier League match at the Eden Gardens on Tuesday.
Lingayats are said to constitute about 17 per cent of Karnataka's population, and the community has dominance in as many as 100 out of total 224 constituencies, majority of these seats being in north Karnataka region.
AS Roma thrashed Parma 4-0 at home to cut Inter Milan's lead in the Italian Serie A to six points.
India's consumer price index (CPI)-based inflation could ease in the coming months thanks to the arrival of kharif crops, lower international commodity prices, and a pass through of lower input costs to consumers, the finance ministry said in its Monthly Economic Review (MER) for October, which was released on Thursday. The MER, however, warned that the global macroeconomic situation remained precarious and a recession in many advanced economies would impact India's exports. "Easing international commodity prices and new Kharif arrival are set to dampen inflationary pressures in the coming months.
Any erosion in the TMC, may benefit the BJP, reports Ishita Ayan Dutt.
Ramesh, however, said it was too early to talk about all this right now as the Congress' first priority was the upcoming elections in Karnataka and the string of state polls this year.
Sounding a note of caution, former Reserve Bank Governor Raghuram Rajan has said that India is "dangerously close" to the Hindu rate of growth in view of subdued private sector investment, high interest rates and slowing global growth. Rajan said that sequential slowdown in the quarterly growth, as revealed by the latest estimate of national income released by the National Statistical Office (NSO) last month, was worrying. Hindu rate of growth is a term describing low Indian economic growth rates from the 1950s to the 1980s, which averaged around 4 per cent.
The stage is set for the inaugural edition of the Women's Premier League, which will get underway in Mumbai on Saturday.
Cheteshwar Pujara is set to play his 100th Test match when India take on Australia for the 2nd Test of the Border-Gavaskar Trophy
Crashing out at the group stage again would be a huge blow to Barcelona's finances, whose perilous state led the club's board to sell a stake in their TV rights and agree to the sale of their audio-visual division.
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