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.
India's services sector activity witnessed a sharp upturn in August on the back of stronger gains in new business, ongoing improvements in demand conditions and job creation, a monthly survey said on Monday. The seasonally adjusted S&P Global India Services PMI Business Activity Index rose from July's four-month low of 55.5 to 57.2 in August, amid a quicker upturn in business activity and the sharpest rise in employment for over 14 years. For the thirteenth straight month, the services sector witnessed an expansion in output.
Acentral panel directed authorities to ban the plying of 4-wheeled diesel LMVs in Delhi and adjoining NCR districts and the entry of trucks into the capital.
There is a proposal to term forests as areas so notified and not include plantations on private land.
The government on Thursday said no outbreak of any water, food or air-borne disease has been reported from the flood-affected areas of Uttarakhand.
Gen Rawat will be able to serve as CDS for a period of up to three years after the government amended the rules extending the age of retirement to 65 years.
Asim said 53 injured were currently being treated while seven had been admitted to the intensive care unit.
Maharashtra CM said a high-level committee will probe the circumstances under which the 40-year-old overbridge collapsed.
A panel appointed by the Supreme Court proposed identical two-year suspensions on the Chennai and Rajasthan franchises of the Indian Premier League (IPL) on Tuesday in a corruption scandal that erupted two years ago.
Federal Bureau of Investigation director Christopher Wray on Thursday expressed concern that foreign terrorist organisations (FTOs), such as the Islamic State and Al Qaeda, may either launch or inspire large-scale attacks against the United States.
The state government was informed about the Rs 500 crore bill by the Union home ministry through a letter dated February 6.
The results of the assembly elections in Gujarat and Himachal Pradesh are also likely to play out during the start of the session.
There was no word on whether or when Patel would be talking to the media about his priorities and plan of action as head of Mint Street
Nepalese rescuers resumed their search on Monday for four persons still missing after a passenger plane with 72 people, including five Indians, crashed into a river gorge while landing at the newly-opened airport in the resort city of Pokhara, killing at least 68 people onboard.
The administration started preparing for the demolition of two precariously standing hotels in subsidence-hit Joshimath in Uttarakhand on Tuesday, but faced protests from their owners and locals on the issue of compensation, while more families were evacuated from the danger zone as the number of affected houses rose to over 700.
The fate of Indian Premier League teams -- Chennai Super Kings and Rajasthan Royals -- will be known on Tuesday when the Supreme Court-appointed high-level Committee headed by former Chief Justice of India R M Lodha will pronounce the quantum of punishment against their franchisees and their team officials Gurunath Meiyappan and Raj Kundra for betting during the sixth edition of the T20 tournament in 2013.
After recognising its adverse health effects, the govt has now dismissed its own lab reports to conclude that the evidence against plastic is insufficient.
Officials said 13 more families living in houses with huge cracks were moved by the administration to safe locations on Sunday.
The government will create an EV Venture Capital Fund, for financial support to start-ups in the segment. The overall aim is to make Tamil Nadu the preferred destination for EVs and component makers.
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The ministry has been receiving representations from chambers of commerce and industry associations on tax-related issues and disputes that affect the industry as a whole or impact a large sections of the industry.
Prime Minister Manmohan Singh on Saturday said that the United Progressive Alliance government's policies and programmes for rapid and inclusive growth are showing good results and the country has seen a record average economic growth in the last nine years.
Till the statue, made of granite, is completed, a hologram statue of his would be present at the same place.
India proposes to organise a briefing of the Security Council on December 15 on 'Global counter-terrorism approach - principles and the way forward" under the 'Threats to international peace and security caused by terrorist acts'.
The United States will continue to support India with equipment and other things it needs along the Line of Actual Control (LAC) with China, a top American admiral has told lawmakers, asserting that Washington and New Delhi share a 'tremendous partnership'.
Prime Minister Narendra Modi on Tuesday directed officials to ensure safe evacuation of all Indian citizens from Afghanistan and to provide refuge to Sikhs and Hindus wanting to come to India from there, as he chaired a crucial high-level meeting in the backdrop of the Taliban takeover of the war-torn country, sources said.
The BJP leadership knows it can't boast of governance in the state as the Bommai government has little to show. So, the game plan is to project Modi, who will reiterate how important it is for a state to have the same party ruling in power at the Centre, observes Ramesh Menon.
JNUSU president Kanhaiya Kumar, whose arrest on charges of sedition three weeks back had triggered a massive outcry, was on Thursday released from Tihar jail amid celebrations by his supporters.
The newly-appointed Inter-Services Intelligence chief Lt Gen Nadeem Anjum has instructed Pakistani authorities not to release his images or video footage to the media, according to a media report on Wednesday.
Calling anyone 'Chinki', 'Chinese' or making any other derogatory remark relating to race, culture or physical appearance will land you in jail for up to five years, according to a proposal which the home ministry is considering.
At least 15 miners were trapped in the 370 foot-deep illegal coal mine in Lumthari village of East Jaintia Hills district since December 13 and all efforts to pump the water out of flooded mine have been in vain.
Seven pilgrims from Uttar Pradesh and three from Delhi were among the 12 people who died in a stampede at Vaishno Devi shrine atop Trikuta hills in Reasi district of Jammu and Kashmir in the early hours of Saturday, officials said.
Investors saw their wealth rise by more than Rs 3.96 lakh crore on Wednesday as stocks continued their rally for the second straight session amid the Reserve Bank reiterating its accommodative stance and easing concerns over the Omicron variant of the coronavirus. The 30-share Sensex soared 1,016.03 points or 1.76 per cent to close at 58,649.68 and all the constituent stocks, except for two, closed in the green. Most of the rate-sensitive auto, banking and realty stocks registered gains during the day's trade. While the BSE Auto index rose 2.24 per cent, BSE Bankex went up 1.61 per cent and BSE Realty spurted 1.72 per cent.
Former RBI governor D Subbarao on Monday said there is a strong motivation for the central bank to launch a digital currency and cash is going to coexist with the new-age currency. Addressing an event virtually organised by economic think tank NCAER, Subbarao further said cybersecurity is also one of the downside risks of the Central Bank Digital Currency (CBDC). "There is a strong motivation for the RBI to launch CBDC... Cash is going to coexist with CBDC," he said.
Several hours before a protest march, the Jawaharlal Nehru University authorities appealed to its student fraternity to 'reconsider' on account of their safety.
Finding itself in the dock after the report of a committee on death of children in relief camps, the Uttar Pradesh government on Friday said those living in the Muzaffarnagar and Shamli camps will be shifted to vacant government buildings and blankets and bonfires will also be arranged for them.
Udhayanidhi's ascension in the party is seen as a precursor to him being given key roles in the DMK in future which is now helmed by his 66-year old father Stalin.
Nepal witnessed political turbulence in 2022 that dramatically turned rivals into allies and throned former guerrilla leader Pushpa Kamal Dahal 'Prachanda' as the prime minister for a third time, as Kathmandu made efforts to balance ties with immediate neighbours India and China with high-profile talks and visits.
At a time when investors are taking a "wait and watch" approach on fresh investment, Tamil Nadu in the past 10 months has signed 63 MoUs, enabling investment worth Rs 19,083 crore. After Palaniswami took over as chief minister in February 2017, cumulative FDI rose by Rs 46,427 crore from Rs 133 trillion (April 2000 to March 2017) to Rs 180 trillion by June this year. Thanks to the Tamil Nadu Business Facilitation Act, 2018, and the single window for applying and getting clearance for doing business, the ease of business issue has been addressed.
A decision in this regard was taken at a JNU Students' Council meeting which went on till late on Wednesday night.
The Delhi Pollution Control Committee (DPCC) on Tuesday ordered a complete ban on the sale and bursting of firecrackers in the national capital till January 1, 2022.
