'In this age of competition, we will not survive long if we do not provide quality service to our consumers'
IIT-B's rebuttal comes a day after Ambedkar Periyar Phule Study Circle, a student group, called Solanki's death an "institutional murder".
Equity markets will take cues from the US tariff related developments, global trends and trading activity of foreign investors this week, analysts said.
The head of the UN's climate science panel, Jim Skea, has expressed concern over the accelerating pace of climate impacts, saying scientists have been surprised by the speed of temperature rise. Skea attributed the worsening situation to inaction on climate change and highlighted the need for urgent action to reduce greenhouse gas emissions. He also addressed concerns about the scientific messaging and the perception of imposed climate policies, emphasizing the importance of involving societies and people in climate change action.
Axis Bank, IndusInd Bank, HDFC Bank, State Bank of India, Kotak Mahindra Bank and UltraTech Cement were also among the big gainers. Adani Ports, ITC, Bharti Airtel and Asian Paints were among the laggards.
Congress president Mallikarjun Kharge has accused the BJP of rigging the Maharashtra assembly elections and called for a return to ballot paper voting. He also criticized the Modi government for selling off public assets, undermining democratic institutions, and promoting communal polarization. Kharge's remarks come as the Congress prepares for its AICC session in Ahmedabad, where it will present its political and economic views.
From the 30 Sensex firms, Mahindra & Mahindra, Infosys, Kotak Mahindra Bank, JSW Steel, Adani Ports, Tata Motors, Adani Ports, ITC and Titan were the major laggards. HDFC Bank, Bharti Airtel, Reliance Industries, Asian Paints and State Bank of India were the gainers.
The Rajya Sabha deputy chairman, Harivansh, has dismissed the impeachment notice against Vice President Jagdeep Dhankhar, calling it an act of impropriety, flawed, and hasty. The notice was signed by 60 opposition members who alleged that Dhankhar was "biased." The deputy chairman ruled that the notice was designed to denigrate constitutional institutions and malign the Vice President, and lacked factual basis. He also criticized the notice as a "misadventure" in "deliberate trivialising and demeaning" the high constitutional office of the Vice President.
President Donald Trump signed an executive order withdrawing the US from the UN Human Rights Council and prohibiting any future funding for the UN agency for Palestinian refugees. Trump also directed the US to review its participation in UNESCO, citing concerns about anti-Semitism and anti-Israel sentiment within the organizations. The executive order argues that the UNHRC, UNESCO, and UNRWA have drifted from their missions and act contrary to US interests. Trump previously halted funds for UNRWA during his first term, and President Joe Biden put a block on US funds for UNRWA in January 2024 over allegations that staff for the agency participated in Hamas's October 7, 2023, attack against Israel.
The TMC-led West Bengal government has already started laying the groundwork for the election, setting the tone with the recent Bengal Global Business Summit and the state Budget.
Among the Sensex firms, Titan, Asian Paints, ITC, Hindustan Unilever, Nestle India, Bajaj Finserv and Bharti Airtel were among the gainers. In contrast, UltraTech Cement, Tech Mahindra, Tata Steel, Power Grid, HDFC Bank, HCL Technology, State Bank of India and ICICI Bank were the laggards.
We need to equip the Indian Armed Forces, not 'commercial' as Trump wants, but 'operationally' looking at growing Chinese military capabilities, asserts Lieutenant General Prakash Katoch (retd).
'A 20 per cent equity allocation to ESG funds is a good start.' 'As more evidence on ESG performance builds, investors may increase allocations.'
Preparing for the XAT requires a balanced approach, focusing on conceptual understanding, regular practice, and strategic planning, says Rahul K Shukla, convenor, XAT and admissions, XLRI-Xavier School of Management.
Among the 30 Sensex firms, Bharti Airtel, Infosys, IndusInd Bank, Sun Pharma, Tech Mahindra, Mahindra & Mahindra, Bajaj Finance and JSW Steel were the biggest gainers. Asian Paints, Maruti, Nestle, Kotak Mahindra Bank, Axis Bank and UltraTech Cement were among the laggards.
Several leading scientists, academicians, and agriculturalists have called for raising government support for research and development to make Indian agriculture future-ready.
IOA president P T Usha on Sunday slammed the revolting executive council members, saying they 'seem more focused on self-serving power play and monetary gain'
The Congress on Tuesday took strong objection to the criticism directed at it by the Indian envoy to Ireland while responding to an Irish daily's editorial, saying that attacking opposition parties openly in a manner like a 'party apparatchik' was 'disgraceful behaviour' and the ambassador should be sacked.
Will the Draft UGC Regulations 2025 undermine our universities? Unlikely, notes Professor Mohammad Sajjad, citing how AMU has utilised its exceptional autonomy.
The Budget should undertake further reductions in import tariffs and seriously consider an announcement of India's intention to join one or both of the two Asian mega-regional free trade agreements, suggests Shankar Acharya, former chief economic adviser to the Government of India.
'On the weekly chart, the Nifty 50 index has formed a bearish candle and remains below all short-term moving averages.'
In the 2020 edition of its annual report on International Religious Freedom, the US Commission for International Religious Freedom (USCIRF) alleged that religious freedom in India witnessed a drastic downward turn.
Among the 30-share Sensex pack, State Bank of India, Reliance Industries, Hindustan Unilever, NTPC, Larsen & Toubro, Nestle India, Power Grid, ITC, JSW Steel and Sun Pharmaceuticals were the major gainers. On the other hand, HDFC Bank, Titan, Mahindra & Mahindra, IndusInd Bank, UltraTech Cement, Tata Motors, HCL Technologies and Asian Paints were among the laggards.
Equity benchmark indices Sensex and Nifty settled higher on Thursday, powered by a rally in banking and power stocks amid a largely firm trend in global markets. The stock markets mostly traded range-bound in the absence of any major trigger and persistent foreign capital outflows, traders said. The 30-share BSE Sensex rose 144.31 points, or 0.18 per cent, to settle at 81,611.41.
The three day MPC meeting began on Monday and the decision will be announced on Wednesday by RBI Governor Shaktikanta Das.
'Investors may have made money in mid and smallcaps due to market momentum, but now they need to focus on fundamentals.'
Benchmark BSE Sensex declined for the fourth day in a row on Wednesday due to selling in financial and banking shares and the government's move to hike securities transaction tax and short term capital gains tax. The 30-share BSE Sensex declined 280.16 points or 0.35 per cent to settle at 80,148.88 with 19 of its components closing lower and 11 with gains. During the day, it tumbled 678.53 points or 0.84 per cent to 79,750.51.
Opposition parties on Tuesday submitted a notice to move a motion for removing Vice President Jagdeep Dhankhar for allegedly conducting the House in a partisan manner.
Opposition MPs in the parliamentary committee scrutinising the Waqf (Amendment) Bill are scheduled to meet Lok Sabha Speaker Om Birla on Tuesday to protest its chairperson Jagdambika Pal's alleged 'unilateral' decisions and attempts to 'bulldoze' proceedings, indicating that they may disassociate themselves from the panel.
'Investors looking at the next 6-12 months can be certain that the Fed will maintain its easing cycle, and we expect the overall environment to be conducive for fixed income investments for portfolio diversification.'
'For politicians, winning the next election has become more important than economic stability of the country and broader national interest.'
IT major Wipro on Friday posted a 4.6 per cent year-on-year rise in its consolidated net profit for the June quarter at Rs 3,003.2 crore. The Q1 FY25 revenue of the Bengaluru-headquartered firm, however, fell 3.8 per cent to Rs 21,963.8 crore.
The Supreme Court on Thursday set aside caste-based discriminatory provisions of prison manuals of around 11 states while deprecating the practice of distribution of work and segregation of prisoners in separate wards on basis of their castes.
Shaikh, the principal of Somaiya School in Mumbai's Vidyavihar area, described her "termination" from the post as "completely illegal, drastic and unwarranted" and expressed shock over the "politically motivated" action.
"Crooked Joe Biden is the worst president, by far, in the history of our nation. He has done everything possible to destroy our country, from our southern border to energy dominance, national security, international standing and so much more," Trump said.
The withdrawal will take effect on December 31, 2018. The US will remain a full member of the Paris-based UNESCO until then.
Today in 2024, the BJP jails its opponents during an election and still believes, or at least wants us to believe, that it is only following the rules of democracy, asserts Aakar Patel.
'If the third wave of Covid infections is as bad as the second one, the market may get very polarised with a preference for blue-chips with low volatility.'
'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.'
Thanks to a booming market, India now has more than 300 family offices, up from 45 in 2018, according to a PwC report. The number is expected to grow rapidly, with promoters establishing more businesses in Tier-II and Tier-III cities. Family businesses play a crucial role in India's booming economy, spanning manufacturing, retail, real estate, healthcare, and finance.
