An amount of Rs 100 will be paid in case the delay is for over an hour and Rs 250 for delay of over two hours, the IRCTC said ahead of the launch of its first train. The train is scheduled to make its first commercial run on October 5.
Bihar Chief Minister Nitish Kumar stressed the need to finalise seat-sharing arrangements by January at the recent meeting of the Indian National Developmental Inclusive Alliance (INDIA), a key aide disclosed on Friday.
Check out the winners of the Sony World Photography Awards 2024. Now in its 17th year, the World Photography Organisation's awards ceremony is a major annual moment recognising the best photography in the world, celebrating the images and stories that have resonated with global audiences over the past year.
Clearly aware of POTUS's reluctance, Narendra D Modi spotted the opportunity when Biden and MbS attended the Partnership for Global Infrastructure and Investment event on Saturday, September 9, 2023.
Earnings growth trajectory for India's capital goods firms is likely to stay buoyant for the December 2023-ended quarter (Q3 FY24), said analysts. Guidance on margins, ordering activity in an election year and export-related demand would be key monitorables. Brokerages - Motilal Oswal, Nuvama, Kotak Institutional Equities and Prabhudas Lilladher - estimated revenue growth for their capital goods universe to be 11-16 per cent year-on-year (Y-o-Y).
The Reserve Bank of India (RBI) has given HDFC Bank six months to migrate HDFC's home loan customers to external benchmark linked lending rate (EBLR), top sources in the bank told Business Standard. Almost half of HDFC's 5.4 million customers are home loan customers. It is mandatory for banks to link retail loans and loans to micro, medium and small enterprises to an external benchmark. Non-banking financial companies do not have such a mandate.
India dropped three catches within the first Powerplay in the must win game against Nepal.
An improved showing of mutual funds (MFs) is helping the industry attract distribution talent at a brisk pace. The industry has onboarded a net of 11,600 individual distributors in the first seven months of 2023-24 (FY24) compared to just 5,555 distributors in the whole of 2022-23 (FY23), according to data from the Association of Mutual Funds in India. Like most financial products, MFs also have significant reliance on individual distributors to sell their products, even as digital platforms are gaining popularity.
Ramachandran's support in the council has been reduced to a few members and if some are to be believed he can be removed from his post before or during the AGM on December 14.
A bench of Justices Sanjiv Khanna and Dipankar Datta stayed the implementation of the December 14, 2023, order by which it had agreed to the appointment of a court commissioner to oversee the survey of the mosque premises which, the Hindu side claims, hold signs suggesting that it was a temple once. However, the apex court made it clear that proceedings before the high court in the dispute including the maintainability of the suit under Order 7 Rule 11 of the Civil Procedure Code (CPC) will continue.
After months of negotiations, an entity owned by Pune-based property developer Panchshil Realty and US-based private equity (PE) company Blackstone has bought a majority stake in Express Towers.
The leadership of Telangana Rashtra Samithi president K Chandrasekhar Rao, who came under attack over the party's defeat in recent elections, was on Monday endorsed by the state executive of the party at a meeting marred by the forced exit of a senior rebel leader from the office premises.
Hero MotoCorp, India's largest two-wheeler maker, has seen a decline in its market share in rural areas since 2018, losing ground to major competitors such as TVS Motor Company, Bajaj Auto, and Honda Motorcycle & Scooter India (HMSI), according to data from JATO Dynamics reviewed by Business Standard. Hero's share of rural two-wheeler sales in India has dropped from 40.4 per cent in 2018 to 33.3 per cent in 2023. In contrast, Bajaj's share increased from 12.7 per cent in 2018 to 13.9 per cent, HMSI's from 21.8 per cent to 22.2 per cent, and TVS' from 15.5 per cent to 17.8 per cent. Suzuki Motorcycle India has also seen its share rise from 1.7 per cent to 2.5 per cent.
Analysts have given a thumbs up to the Reliance Industries (RIL) and Walt Disney Co. (Disney) proposed a joint venture (JV). The stock of the Mukesh Ambani-controlled company gained nearly 1.5 per cent on Thursday to Rs 2,952 levels as compared to the S&P BSE Sensex that traded marginally weak, down 0.2 per cent to 72,172 levels in intra-day trades.
The Supreme Court has stayed the execution of eight death row prisoners, convicted in different murder cases, whose clemency pleas were rejected by President Pranab Mukherjee last week.
Scoop seems like they conclude he is but Vaihayasi Pande Daniel recommends that you watch the film to find out for yourselves.
Matthew Perry's family has expressed gratitude to fans and well-wishers for remembering the Friends star, who died at his Los Angeles home on October 28.
While near-term performance is difficult to predict after a huge run-up, fund managers believe the PSU theme's prospects remain sound over the medium to long term.
They warned that Islamabad wants to send a 'strong message' to India against isolating it on the world stage.
Amidst suspense about his whereabouts, Jharkhand Chief Minister Hemant Soren has reached his official residence in Ranchi, a source in the Chief Minister's Office (CMO) said on Tuesday.
Capital goods companies in their Q2FY24 results are expected to report another steady quarter of earnings growth as order inflows and execution remain healthy, according to analysts. An upward revision in order inflow targets and a margin improvement due to lower raw material costs are also anticipated. "We expect the execution of all capital goods companies and most EPC (engineering, procurement, and construction) companies to remain healthy Y-o-Y (year-on-year), led by strong order book accretion in the past 5-6 quarters," wrote analysts at Kotak Securities in a note, estimating revenue growth of 32 per cent for India's largest company in the capital goods space -- Larsen & Toubro.
Move to make board accountable for performance appraisal.
Cricket Australia chairman Creagh O'Connor lauded the work of the former ICC CEO, who was placed on paid leave after falling out with several board members.
Those who want to invest should consider their risk appetite. Youngsters may go for it as they have a longer horizon to recover from a setback.
In a statement later, the White House said Biden and Netanyahu discussed Israel's military campaign in Gaza, including its "objectives and phasing".
As the tussle for control of the Nationalist Congress Party hotted up after its vertical split, Sharad Pawar on Thursday declared he was the president of the party and hit back at nephew and Deputy Chief Minister Ajit Pawar's retirement jibe, saying he will work more effectively "whether 82 or 92."
The Central Industrial Security Force, tasked with the security of the ED officials, are using high-resolution body cameras to keep track of activities around Soren's residence, he said.
Iyer showcased his finest form, putting all doubts about his place in the Indian team to rest.
The bench said it was a stratagem devised by the convicts on how to prolong the matter as they kept on sitting after dismissal of their appeals by the Supreme Court. It also noted that the apex court in July last year dismissed Mukesh's review petition but further remedies were being availed now.
The National Stock Exchange (NSE) of India is going to indefinitely defer the internal deadline set for extending trading hours, according to sources in the know. The exchange aimed to introduce a three-hour evening session exclusively for index derivatives by March 2024, contingent upon regulatory clearance from the Securities and Exchange Board of India (Sebi). Sources indicate that the market regulator has not provided a favourable indication, dimming optimism surrounding the proposal.
The government had earlier expressed opposition to Hussein's execution and cautioned that no steps should be taken that could delay restoration of peace in the troubled country.
The CMOAI had earlier called for a three-day strike that began on Thursday.
Repair work at a level crossing near Bahanaga Bazar railway station in Odisha's Balasore where the June 2 train crash took place was allegedly conducted without the approval of senior divisional signal and telecom engineer and without an approved circuit diagram.
'Higher valuation remains the only spoiler for equities.'
The incident led to a political confrontation between the government and Opposition in the state.
Legislators of the ruling coalition partners in Jharkhand expressed solidarity with the Hemant Soren government on Wednesday and said the Jharkhand Mukti Morcha leader will continue as the chief minister.
Uday Kotak has resigned as the managing director and chief executive officer of Kotak Mahindra Bank, the bank said in a stock exchange filing on Saturday.
Several Carnatic musicans have pulled out of Madras Music Academy's annual December conference to protest the Sangita Kalanidhi award to classical vocalist T M Krishna, who they allege has 'glorified Periyar' and vilified the Carnatic music community.
In yet another deadly attack on Indians and Indian-Americans in the United States in recent months, a 34-year-old trained classical dancer from India and a student of Washington University, was shot dead in St Louis, Missouri.
Regardless of market levels, invest in stocks and equity mutual funds in a staggered manner.
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