The International Monetary Fund (IMF) warned on Tuesday that India's general government debt (comprising both central and state government debt) could exceed 100 per cent of gross domestic product (GDP) in the medium term. It also cautioned that long-term debt sustainability risks are high due to the significant investment required to meet India's climate change mitigation targets. The Indian government, however, disagreed, arguing that risks from sovereign debt are extremely limited as it is predominantly denominated in domestic currency.
Beauty and Personal Care (BPC) e-retailer Honasa Consumer's initial public offering (IPO) has failed to find backing from analysts due to the company's weak financial track record and expensive valuation. T Manish, research analyst at Samco Securities suggests avoiding the IPO as the company's financial performance does not inspire confidence. "The profit has been inconsistent and advertising and marketing expenses are incredibly high at around 40 per cent of the revenues.
Sridhar Kalyanasundaram, an independent director of private sector lender Dhanlaxmi Bank, has resigned from the board with effect from September 16. In his resignation letter, Kalyanasundaram has raised issues like factionalism in the board, his differences regarding rights issue and the alleged 'lack of in depth banking knowledge' in other members. This comes after Ravindran Pillai, head of RP Group, who holds 9.99 per cent stake in the bank (largest shareholder), came out with a special notice for removal of Kalyanasundaram.
Peaking at the right time and with all their boxes ticked, Sunrisers Hyderabad are certain to hold sway over a dishevelled Delhi Capitals in a virtual semi-final in the second Indian Premier League qualifier, in Abu Dhabi, on Sunday.
Corporatisation of NHAI was one of the achievements of the NDA govt.
The first World Cup in the Middle East has been anything but insulated from the troubles of the volatile region, set against a backdrop of anti-government protests in Iran and an upsurge in Israeli-Palestinian violence.
The government is "extremely disappointed" with the latest report of the Moody's rating agency on India's economic outlook. The report, a senior government official said, was highly contradictory and called the rating agency's credibility into question. Referring to the Moody's statement that "India's fiscal strength remains a key weakness in the sovereign credit profile...", the official remarked: "How can my strength be my weakness? Moreover, they are unwilling to have a like-to-like comparison with India."
Pakistan are traditionally good against spinners but Babar Azam and Co. would take the likes of promising Dunith Wellalage and company lightly at their peril.
B Sumeeth Reddy and Ashwini Ponnappa, however, suffered a 21-23, 21-13, 12-21 loss against Korean pair of Song hyun Cho and Lee Jung Hyun in their mixed doubles opening round.
'Every actor's journey is unique.' 'It's beautiful but also terrifying because you have to carve your own path.' 'So if there's somebody to talk it through, it's nice.'
India, the US and 12 other members of the IPEF grouping have signed a supply chain resilience agreement that would help mitigate risks of economic disruptions from supply chain shocks and improve crisis coordination. The agreement would help member countries like India to reduce their dependence on China and provide timely information to the IPEF member countries about potential supply disruptions. The COVID outbreak severely disrupted the global supply chain, as most countries were dependent on China for various products like pharma raw materials.
According to the Pentagon report, the PLA is creating options for dissuading, deterring, and defeating external intervention in the Indo-Pacific region.
England have been largely rusty and inconsistent despite having a dangerous squad on paper.
Chance for Bangladesh, Afghanistan to produce that one breakout performance
South Africa coach Rob Walter blames shock defeat to Netherlands on his side's death bowling and poor start with bat
Sindhu reminisces about life-changing past seven years, her maiden Olympic medal ahead of WC
In a relief to CSK, Stokes, who was suffering from a toe injury and missed three IPL matches, took part in the net practice on Wednesday
High on confidence after their third consecutive win, Mumbai Indians will hold a clear edge over the inconsistent Delhi Daredevils in their key Indian Premier League match at the Wankhede Stadium on Tuesday.
Jitesh Sharma's presence in the 15-member squad for Ireland T20s puts Sanju Samson's place in the Indian team under scanner.
The Supreme Court on Monday closed contempt proceedings against ex-IPL commissioner Lalit Modi after he tendered an unconditional apology for his remarks against the judiciary in social media posts.
A place in the ICC ODI World Cup final once again eluded the South Africans as they went down to Australia by three wickets.
Bayern expect a top performance against Manchester United, says Tuchel
While the RBI's guidelines aim to streamline the loan closure process, borrowers must remain proactive.
India had a mixed day at the Madrid Spain Masters with PV Sindhu marching into the semis and Kidambi Srikanth's campaign coming to an end.
Following a first round exit at the Italian Open, Andy Murray is undecided on what's next.
The 42-day break would give Kohli the time to introspect, and rejuvenate his cluttered mind.
Pakistan team director Mickey Arthur feels the "boys" of 2019 batch have become grown up men four years later and promised an aggressive brand of cricket from them over the course of the ODI World Cup.
India hockey captain Harmanpreet Singh wants his team to stop conceding silly penalty corners during their crucial match against arch-rivals Pakistan on Wednesday.
Chasing targets has been their Achilles heel throughout the tournament. The same batters who've plundered the bowling and scored daddy hundreds batting first, have resembled pale shadows of themselves chasing targets.
A summary of Saturday's action in the 2024 UEFA European Football Championship qualifiers.
A 20-year-old Indian-origin man has been sentenced to six years and nine months' imprisonment in the Welsh capital of Cardiff after admitting to raping a woman in London.
Domestic automobile retail sales rose 10 per cent in June driven by sales growth across various segments, including passenger vehicles and two-wheelers, automobile dealers body FADA said on Thursday. Total retail sales last month rose to 18,63,868 units from 17,01,105 units in the year-ago period. Passenger vehicle retail sales increased 5 per cent to 2,95,299 units as against 2,81,811 units in June 2022.
The left arm pacer had dismissed Virat Kohli with a snorter on day two. With the pitch playing tricks, he felt he got lucky.
The Indian rupee, which has depreciated 1.1 per cent so far in August, is expected to decline further on the back of a strengthening US dollar and a weakening Chinese yuan, according to a Business Standard poll of analysts. The Indian rupee hit an all-time low recently, closing at 83.15 per dollar. Five of the 10 respondents said the Indian currency might touch 83.5 per dollar in August itself, while others said the worst could be over.
Jyothi Surekha Vennam used all her experience to prevail over her team-mate Aditi Swami to advance to the women's compound individual final at the Asian Games.
Images from the ICC World Cup match between Afghanistan and Australia, at the Wankhede stadium in Mumbai, on Tuesday.
Several users of Meta's Facebook are complaining losing majority of their followers on the social media platform due to unknown reasons. Meta founder and CEO Mark Zuckerberg has lost over 119 million followers which has brought down his follower count to below 10,000.
Sift Kaur Samra gave ample proof of her immense potential, earning India its sixth Paris Olympic quota place.
The "opaque" electoral bonds scheme for funding political parties will "destroy democracy" as it promotes corruption and does not allow a level playing field between the ruling and opposition parties, the petitioners challenging the validity of the scheme told the Supreme Court, which on Tuesday observed election funding was a "complicated issue".
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