Ahead of his much-anticipated visit to conflict-torn Ukraine, Prime Minister Narendra Modi on Thursday said India firmly believes that no problem can be solved on the battlefield and it is ready to extend all possible cooperation for the restoration of peace and stability in the region.
Morgan Stanley plans high-level management changes, which includes finance chief Colm Kelleher and veteran banker Paul Taubman taking charge of the company's institutional securities unit.
Villagers suggested that heavy rainfall over the preceding days may have contributed to the collapse, with a surge in Gandaki river potentially weakening the bridge's structure.
From the Sensex pack, Tata Steel, Titan, Tech Mahindra, Wipro, Bajaj Finserv, Bajaj Finance, Nestle India, Tata Motors and JSW Steel were the biggest laggards. ICICI Bank, Axis Bank, HDFC Bank, State Bank of India and Kotak Mahindra Bank were the gainers.
Amid a row over irregularities in competitive exams National Eligibility cum Entrance Test (NEET) and National Eligibility Test (NET), the education ministry on Saturday notified a seven-member panel headed by former Indian Space Research Organisation (ISRO) chief K Radhakrishnan to ensure transparent, smooth and fair conduct of examinations through the National Testing Agency (NTA).
Among the 30 Sensex companies, Kotak Mahindra Bank, Asian Paints, Reliance Industries, ITC, Sun Pharma, ICICI Bank, Axis Bank and JSW Steel were the major laggards. Larsen & Toubro, Tata Motors, Maruti, NTPC, Mahindra & Mahindra and UltraTech Cement were among the gainers.
Prime Minister Narendra Modi's goal of making India a high-income economy by 2047 is unlikely to be achieved, but the country should become an upper middle-income nation by then, Financial Times chief economics commentator Martin Wolf said on Friday. Wolf further said that India would also become a superpower by 2047. "India wishes to become a high-income country by 2047.
From the Sensex firms, Power Grid, NTPC, Tech Mahindra, Bharti Airtel, Tata Motors, IndusInd Bank, Reliance Industries, Kotak Mahindra Bank and Maruti were among the laggards. Asian Paints, Wipro, JSW Steel, Hindustan Unilever, Bajaj Finserv and Mahindra & Mahindra were among the biggest gainers.
A massive manhunt is underway for three foreign terrorists, possibly of the Lashkar-e-Taiba, responsible for the deadly attack on pilgrims in Jammu and Kashmir's Reasi that resulted in the loss of nine lives, including a two-year-old, officials involved in the investigation said on Monday.
'Though one cannot paint the entire microcap basket with the same brush, investors need to be careful now as to what they're buying.'
India is taking the allegations regarding the assassination plot of Sikh separatist leader Gurpatwant Singh Pannun in the United States seriously, the White House has said but refrained from commenting on the Federal Bureau of Investigation (FBI) probe into the matter and the criminal case filed by the Department of Justice.
Prime Minister Manmohan Singh on Saturday chaired a high-level national security meeting to discuss the situation arising out of intelligence alerts over possible terror threats via sea to Maharashtra and Goa. Attended by the country's top security officials, the two-and-a-half hour meeting is also believed to have discussed the security situation in Jammu and Kashmir, in the wake of the Amarnath Yatra scheduled to start next week, sources said.
Domestic macroeconomic data announcements, global trends and trading activity of foreign investors would guide market sentiments this week, analysts said. After a record rally, markets may face volatile trends this week amid elevated valuations and investors would also keep a track of global oil benchmark Brent crude and rupee-dollar movement for further cues. "Potential volatility in the stock market is anticipated this week. Elevated valuations remain a concern, with investors now focusing on monsoon progress and its impact on the rural economy.
'Mankind's experience, sharpness, and execution will make it happen. We are not going for short-term gains.'
A high-level committee report from the district administration alleged that six children tragically passed away in the last five days, raising concerns over over-admission, mismanagement, and a possible cholera outbreak at the privately-run shelter for special children.
Another instance of bridge collapse came to the fore in Bihar on Thursday, making it the 10th such incident to have been reported from the state in just over a fortnight, an official said.
India and China on Thursday vowed to redouble efforts to resolve the remaining issues in eastern Ladakh at the earliest and 'stabilise and rebuild' ties even as External Affairs Minister S Jaishankar conveyed to his Chinese counterpart Wang Yi during a meeting that the Line of Actual Control (LAC) must be respected.
Criticising the police for arresting an SUV driver and blaming him for the incident, the high court said, "Mercifully, you have not challaned the rainwater for entering into the basement."
US deputy Secretary of State Kurt Campbell said the US raised the issue directly at the most senior levels of the Indian government.
The Jaishankar-Wang talks came amid the dragging border row in eastern Ladakh that entered its fifth year in May.
The stock of Voltas, the country's largest room air- conditioner (RAC) maker, is up 22 per cent in the past three months. Robust demand on the back of a sweltering summer, distribution expansion, slew of launches and backward integration are expected to forge a good operating performance for the company. In the core RAC segment, there are multiple triggers for the company.
The Indian side is expected to present specific proposals at the talks to deescalate tension in Pangong Tso, Galwan Valley and Demchok -- the three areas in eastern Ladakh where the two sides have been on a bitter standoff for last one month, the sources said.
The April-June quarter (Q1) of the current financial year (FY25) may be soft for banks with loan growth moderation, net interest margin (NIM) pressures, and higher staff and credit costs inching up, according to analysts. Credit growth could ease due to the lagged impact of the Reserve Bank of India (RBI) tightening and deposit growth has weakened, and the current account and savings account (CASA) ratio has declined 10-370 basis points (bps) quarter-on-quarter (Q-o-Q) for many banks.
Taking note of the "complex security matrix" in the Indian Ocean region and "political developments", Defence Minister A K Antony on Tuesday asked the Indian Navy to maintain high levels of preparedness in the area.
With the Nuclear Suppliers Group draft set to be amended because of demands from some member countries, the government in Delhi on Sunday held a high-level meeting to analyse the new development and discuss options available to it. External Affairs Minister Pranab Mukherjee held hour-long discussions with Prime Minister's Special Envoy on Nuclear Deal Shyam Saran and senior officials of the Ministry of External Affairs and Department of Atomic Energy on the issue.
With India under pressure from Dravidian parties in Tamil Nadu to support a United States-sponsored resolution in the United Nations Human Rights Commission against Sri Lanka for alleged war crimes, United Progressive Alliance's key constituent Dravida Munnettra Kazhagam on Saturday announced the convening of its high-level committee on March 20 to discuss the issue. Party chief M Karunanidhi will chair the meeting on Tuesday morning at its headquarters in Chennai.
The T-72 tank with five soldiers on board sank due to flash floods while they were crossing the river.
The Centre said the data analytics of results of NEET-UG 2024 show the marks distribution follows the bell-shaped curve that is witnessed in any large-scale examination indicating no abnormality.
With the Maoists forwarding their demands in exchange for the release of Sukma District Collector Alex Paul Menon, Chhattisgarh Chief Minister Raman Singh has reportedly convened a high-level meeting to decide on the future course of action. The Chhattisgarh government has set up a cabinet sub-committee to deal with the situation arising out of Menon's abduction by the Maoists.
The G7 summit, to be held in the luxury resort of Borgo Egnazia in Italy's Apulia region from June 13 to 15, is likely to be dominated by the raging war in Ukraine and the conflict in Gaza.
The Indian Navy has constituted a high-level inquiry headed by an officer of the rank of Rear Admiral to look into the recent cases of submarine mishaps.
Saudi Crown Prince Muhammad bin Salman's much-anticipated visit to Pakistan has been deferred for unspecified reasons, a report said on Saturday.
The government must develop a legally tenable mechanism in order to restore the cycle of simultaneous elections.
The changes suggested include the amendment to the provisions of the Constitution relating to preparation of the electoral roll by the Election Commission of India in consultation with the State Election Commission(s) for the elections to the local bodies (in Article 325).
The Ministry of Heavy Industries (MHI) has debarred Hero Electric and Benling India, two defaulters under its flagship Faster Adoption and Manufacturing of Electric Vehicles in India Phase-II (FAME-II) scheme, from participating in any of its incentive programmes in future. This action follows the ministry's findings that the phased manufacturing programme (PMP) guidelines were violated by these two companies, senior officials told
'The reports circulating in certain media sections are completely incorrect.'
The Supreme Court will hear on Monday a batch of pleas related to the controversy-ridden medical entrance exam National Eligibility-cum-Entrance Test-Undergraduate (NEET-UG) 2024, including those alleging irregularities and malpractices in the May 5 test and seeking a direction to conduct it afresh.
The prime minister is also expected to hold high level meetings with several world leaders on issues of mutual importance.
The United States is waiting to see the results of the Indian investigations on the murder allegations.
It added that in any examination, there are competing rights that are created whereby the interests of a large number of students who have taken the examination without adopting any unfair means must not also be jeopardised.