Outward remittances in February under the Reserve Bank of India's (RBI's) liberalised remittance scheme (LRS) fell 23 per cent over January, latest data released by the central bank, in its monthly bulletin, revealed. In February, Indians remitted $2.1 billion under the RBI's liberalised scheme. On a year-on-year (YoY) basis - aided by international travel - LRS jumped 15.24 per cent. Further, in April 2022-February 2023, outward remittances under LRS stood at $24.18 billion, an all-time high.
'I thought I could throw even over 90m today. But it is okay as I have more competitions coming this year'
The bulk of the incremental profits will come from oil & gas and automobile sectors.
Textile stocks have exhibited a mixed performance so far this calendar year (CY23), amidst higher domestic cotton prices and tepid global demand. Shares of Page Industries, Dollar Industries, Lux Industries, and VIP Clothing have declined up to 13 per cent so far in CY23, as against a 9 per cent jump in the S&P BSE Sensex. On the contrary, shares of Arvind, Welspun India, Raymond, and Gokaldas Exports have gained up to 51 per cent, during the same period.
Pranoy squandered a one-game advantage to go down 21-17 9-21 17-21 against NG Ka Long after battling for an hour and four minutes
India's first-ever listed new-age company, Zomato, has seen a meteoric rise in its stock price in calendar year 2023 (CY23), rising 70.75 per cent during this period as compared to 9.5 per cent rise in the S&P BSE Sensex. From being the second worst hit new-age stock in CY22, crashing 57 per cent on the National Stock Exchange (NSE), the stock hit the Rs 100-mark for the first time since January 2022 in late August. The stellar run in the stock - only after PB Fintech and One97 Communications-owned Paytm, analysts say, may be coming to an end, at least for now.
Rediff.com's Prasanna D Zore, Hitesh Harisinghani and Afsar Dayatar return moist-eyed, elevated, after spending an evening with clowns and derring-do stunt artistes at Rambo Circus.
Portfolio management services (PMS), catering to higher networth individuals (HNIs), are facing tough competition from emerging alternative investment funds (AIFs), evident from their dwindling client base. In May, the number of clients for the industry stood at 125,390, down 20,528 in two months, shows data from the Securities and Exchange Board of India (Sebi). "PMS managers also have a high active ratio, which means their portfolios are quite differently positioned and more actively managed, compared to the benchmark, which is also a highlight for long-term investors.
'...you start running after the star.' 'If the star says yes to the film, the ecosystem supports it.' 'The biggest cog in the wheel of the ecosystem is the audience and we forget that.'
An embarrassed Union Minister K Chiranjeevi beat a hasty retreat on Wednesday after a youth objected to his jumping the queue to cast his vote in a polling booth in Hyderabad.
Petrol and diesel prices are unlikely to be increased despite firming raw material costs because of upcoming general elections next year, Moody's Investors Service said. Three state-owned fuel retailers -- Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) -- which control roughly 90 per cent of the market, have kept petrol and diesel prices on freeze for a record 18 months in a row. This is despite the raw material (crude oil) cost surging last year, leading to heavy losses in first half of 2022-23 fiscal year before easing oil prices propelled them to profitability.
I hoped the big reveal would make Gaslight's skittish stroll to nowhere (even 112 minutes are too long) worthwhile, but the answers end up being embarrassingly obvious around a twist that's pure hokum, notes Sukanya Verma.
Making a quantum jump in its missile programme, India on Tuesday successfully test-fired a highly advanced nuclear capable Agni-4 long range ballistic missile with a strike range of 3,000 km from an island off Odisha coast.
Scientists expect to get new information about the past, present and future of the Sun after analysing the data that will be collected by India's first solar mission Aditya-L1, scheduled to be launched by Indian Space Research Organisation (ISRO) on September 2.
Neeraj was all set to defend his title in Birmingham, but pulled out of the multi-sport event after his medical team advised a month's rest after MRI scan showed a minor injury.
Murray must come back on Friday to earn a spot in the third round after an epic battle with Greek powerhouse Stefanos Tsitsipas
Indian shuttler H S Prannoy continued his giant-killing spree to stun World and Olympic Champion Chen Long of China to enter the semi-finals of the Indonesia Super Series Premier along with Kidambi Srikanth, in Jakarta, on Friday.
Images from Day 9 of the 2023 Wimbledon Championships at The All England Lawn Tennis Club in London on Tuesday.
A summary of Thursday's finals in Track and Field at the Tokyo Olympics.
The defence minister also took an indirect dig at Gandhi for "doubting" the government's intention in the handling of the border row with China and said politics can not be done on the basis of "falsehood".
After underperforming its peers in the consumer space in 2022-23, and experiencing a mixed bag in the 2023-24 (FY24) April-June quarter (first quarter, or Q1), brokerages are positive about the medium-term outlook for liquor stocks. Higher raw material costs, concerns regarding increased duties, regulatory changes, and competitive pressures weighed on performance returns in the past quarters. Analysts believe that the sector could experience a reversal of fortunes due to better demand and margin improvements.
Khan took strong exception to the Inter-Services Public Relations (ISPR) allegations against him and said the spokesperson of the army's military wing was not even born when he represented Pakistan in the world.
'After multiple days of losses, any relief rally is welcome. However, the trend hasn't changed.'
It took Gujrathi 40 moves to outwit Benjamin and now he shares the lead with six others. The fourth Indian to cross the 2700 ELO rating barrier, Gujrathi will face American Grandmaster Aleksandr Lenderman in the fifth round.
Manyonga has been provisionally suspended for anti-doping whereabouts failures
'Rhetoric and chest-thumping are running high on India's recent growth record.'
'But will the giant waves developing elsewhere allow us to sail smoothly into fair winds?' asks Debashis Basu.
Will India extend their run to make it 8-0? Or will Pakistan be able to snap the streak?
Images from the World Athletics Championships in Budapest on Saturday.
IMAGES from the ICC World Cup match between Pakistan and South Africa, in Chennai, on Friday.
'If we have to restrict and fight terrorism, first and foremost, we have to ensure communal harmony in the country.'
Alcaraz outlasts Hurkacz, Ruud stunned at Canadian Open
In her August 17 video appeal, Khudadadi had said: "I don't want my struggle to be in vain and without any results."
'The ending Vijay Tendulkar had written was different.' 'According to him, the film ended with Anant Welankar's suicide.' 'I felt such an ending would be too nihilistic.' 'Bahut zyada defeatist ho jaata.'
Equity investors' wealth jumped by over Rs 10.19 lakh crore in the three-day market rally to Monday. On Monday, the 30-share BSE Sensex soared by 1,041.08 points or 1.90 per cent to settle at 55,925.74. In three days, the bechmark has zoomed 2,176.48 points or 4 per cent. Helped by jump in equities, the market capitalisation of BSE-listed firms went up by Rs 10,19,936.84 crore to Rs 2,58,47,092.40 crore in three days.
Russia's sole track and field competitor at the Rio Olympics, Darya Klishina, has been suspended from the Games, a source told Reuters on Saturday.
H S Prannoy signed off with a bronze -- India's first medal in men's singles at the Asian Games in 41 years,.
Priyanshu Rajawat capped off an impressive week with a thrilling win in the final
Marcus Stoinis and Kyle Mayers put on a power-hitting masterclass as Lucknow Super Giants slayed Punjab Kings by 56 runs in a high-scoring contest in Mohali .
'The only violence I have had in any film of mine is a slap.' 'When Nikhil narrated the film to me, I was blown away.' 'I was literally screaming out of my chair.'
Mayookha Johny grabbed her second medal with a new national record in triple jump while shot putter Om Prakash Karhana finished third as India won two bronze on the third and penultimate day of the Asian Athletics Championships in Kobe on Saturday.
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