At the same time, however, officials at the central bank lowered their projections for the long-run target interest rate, evidence of slightly diminished expectations for a nation climbing out of a severe crisis and struggling with demographic headwinds like declining labor force participation.
The US Open champion has made herself available for Fed Cup team for the first time.
'There was a strong undercurrent of deprivation, and also frustration against misuse of power and authority.' 'This election was an opportunity for the manifestation of this discontentment.'
The markets, at this point, have rallied on the view that the Fed will not budge from the zero-bound as long as inflation remains subdued
Karman struggled to contain her unforced errors but prevailed 6-3 6-4 win over Eudice Chong to give India a 1-0 lead in the Asia/Oceania Group I tie.
"Just three months more," says mom-to-be Deepika Padukone in a witty reply when asked if she is still in her character of a pregnant woman from her coming film Kalki 2898 AD.
Month-end dollar demand from oil companies mainly affected the rupee value against the US currency, a forex dealer said.
The Federal Open Market Committee, which decides on rates, struck a positive note, saying economic activity had continued to pick up in recent months and the housing sector is improving.
India will be led by newly-crowned world number one Sania Mirza as 11 nations will strive to get promotion to Asia/Oceania Group I when the Fed Cup tennis competition begins in Hyderabad.
Roberta Vinci sent Italy into the Fed Cup final for the fifth time in eight years with a 6-2, 6-7, 6-3 victory over CzechRepublic's Lucie Safarova in Palermo on Monday.
Sania Mirza will lead the four-member Indian side in the upcoming Asia/Oceania Group I tie of the Fed Cup tennis tournament.
A summary of Tuesday's first leg quarter-final action in the UEFA Champions League.
While the markets have factored in a number close to 350 for the BJP and almost 400 for the NDA, 50 seats fewer could trigger a market correction
The US Federal Reserve late on Tuesday slashed its lending rate from 1 per cent to zero to 0.25 per cent.
Indian captain Sania Mirza led from the front as the hosts registered a 2-1 victory over Philippines.
The Czech Republic cruised to a 2-0 lead after the opening singles of the Fed Cup final against Serbia on Saturday, putting them well on course to successfully defend their title.
Russia closed in on a Fed Cup semi-final victory over the United States after Anastasia Myskina beat Venus Williams.
'If the Maha Vikas Aghadi thinks that they have won 30 (Lok Sabha) seats and that would translate to winning 180 assembly seats they would be living in a fool's paradise.'
'Like every Budget, this time, too, there is chatter around tinkering with the long-term capital gains tax.' 'Investors may not want to jump into the markets until there is clarity on this front.'
Top gainers in the Sensex pack included Vedanta, Coal India, ICICI Bank, PowerGrid, HCL Tech and Bajaj Finance, rising up to 2.65 per cent.
Modi, on his maiden visit to the UNESCO World Heritage Site, first took the elephant safari in Mihimukh area of the Central Kohora Range of the park followed by the jeep safari inside the same range.
Maria Sharapova has been left out of Russia's Fed Cup first-round tie against Italy later this month because of her hectic tournament schedule
Among the Sensex firms, NTPC, Mahindra & Mahindra, Wipro, Kotak Mahindra Bank, Tata Steel, Asian Paints, Bharti Airtel, Power Grid, Titan and HDFC Bank were the major gainers. Bajaj Finance, Bajaj Finserv, Infosys, Tata Consultancy Services, Tata Motors and HCL Technologies were the laggards.
Markets continued firm trades with buying interest seen in realty, metal and banking shares. The BSE Sensex has gained 386 points (over 2 per cent) at 18,407, after touching a high of 18,456. Nifty is up 118 points at 5,553.
Fed Cup holders Italy overcame two stern tests on Sunday to beat Ukraine 4-1 in Kharkiv and book their place in the semi-finals where they will play the Czech Republic.
The value of FPIs (Foreign Portfolio Investors) holding in Indian equities reached $738 billion in the three months ended December 2023, marking a surge of 13 per cent from the preceding quarter, driven by the strong performance of the domestic stock market, according to a report by Morningstar. The value of FPIs investment was at $651 billion in the September quarter of the current fiscal. On a year-on-year basis, the value of such investments rose 26 per cent from $584 billion in December 2022.
Research shows the US Fed doesn't get its predictions right as often as we would like to believe. With India and China in an upbeat mood, the dark days of last September are slowly fading in memory.
Nearly 40 per cent of IITians sitting for placements in 2024 are yet to receive job offers, showing a doubling of the 'unplaced' in the last three years from 19 per cent in 2021-2022 to 38 per cent in 2023-2024.
The central bank also left the benchmark rates unchanged in the range of 0 to 0.25 per cent. The Federal Open Market Committee which decides on the key rates has retained the same near zero and said economic conditions warrant 'exceptionally low levels' of federal fundsfor a longer period.
The rupee is expected to become more jittery and choppy in the near-term
Tata Steel was the biggest gainer in the Sensex chart, rising 2.39 per cent, followed by Tata Motors, Power Grid, Reliance Industries, UltraTech Cement, NTPC, Nestle, HUL, Mahindra & Mahindra, Wipro, Kotak Mahindra Bank and Asian Paints. In contrast, Bajaj Finance, IndusInd Bank, Axis Bank, Bharti Airtel, Bajaj Finserv, ICICI Bank, Infosys and Titan were among the laggards.
A man was arrested in connection with the incident and questioned.
The saving grace of Shankar's expanded universe is the masterful precision with which Kamal Haasan drops himself into a messy setup, only slightly to elevate the pulpy tendencies of Shankar's vision, observes Arjun Menon.
Among the Sensex firms, UltraTech Cement, JSW Steel, Tata Motors, Bharti Airtel, State Bank of India, Larsen & Toubro, Infosys and Bajaj Finserv were the major gainers. On the other hand, NTPC and Tech Mahindra were the laggards.
The Indian ace would miss the women's team event as she is recuperating from an ankle injury
'Amit Shah had promised Ajit Pawar and Praful Patel that even if there were only one third of MLAs with them, they would be given the party symbol.' 'He promised them that the Election Commission would not take a decision against them and that they would get the party name and symbol.'
'India's sizeable forex reserves should help stem a possible fall in our currency.'
