Havells India, the country's largest listed consumer electrical company, reported a mixed performance in the 2024-25 (FY25) October-December quarter (Q3). While the top line benefited from festival demand, lower margins impacted operational performance.
'...just be neutral about everything.' 'I will just take life as it comes.'
'Growth, liquidity and deposit mobilisation are likely to be discussed during the interaction.'
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'The incident has underlined that you can't leave anything to chance or take anything for granted.' 'You have to ensure that your family is taken care of 24x7.'
Shares of Bajaj Finance surged over 6 per cent on Thursday after the diversified non-banking finance company reported an 18 per cent increase in consolidated net profit to Rs 4,308 crore for the December quarter. The stock rallied 6.33 per cent intraday to touch Rs 8,249.95 - a 52-week high -- on the BSE.
The Reserve Bank of India on Friday decided to keep the policy rate unchanged for the 11th time in a row but sharply lowered the GDP growth forecast to 6.6 per cent for the current fiscal, as against earlier projection of 7.2 per cent. The Reserve Bank of India (RBI) maintained the status quo on interest rate despite July-September quarter GDP growth falling to 7-quarter low of 5.4 per cent, as against its own projection of 7 per cent.
'Trump administration wanted a positive tone at this summit, but there was still some anxiety that there could be some awkward moments -- and there were not.'
'The finance minister has done as much as she can when you look into the fiscal constraints she had.'
Honda Motorcycle and Scooter India (HMSI) on Wednesday forayed into the fast-growing domestic electric mobility market with the introduction of e-scooters, ACTIVA e: and QC1, with swappable and fixed batteries. With this, the Japanese two-wheeler maker will now be competing with other legacy players such as Bajaj Auto, Hero MotoCorp, TVS Group as well as pure EV players like Ather and Ola, who already have a good presence in the segment, which is growing at 34 per cent year-on-year.
Officials said one more terrorist is believed to be trapped in the operation area at Khandara top and efforts are on to neutralize him.
The October-December quarter (Q3FY25) results of fast moving consumer goods (FMCG) major Hindustan Unilever (HUL) indicated weak demand, with urban growth muted and rural showing recovery. Consolidated revenue grew by 1.6 per cent (volume was flat) to Rs 15,818 crore, due to price hikes. Prices of key raw materials such as palm oil and tea remained elevated, leading to compression of gross margin.
For the Thalaivas, a Super Tackle sent Arjun to the bench but the impressive start by the defenders did not last for too long.
The three day MPC meeting began on Monday and the decision will be announced on Wednesday by RBI Governor Shaktikanta Das.
The prime minister said that Palli has shown the way to the country for achieving carbon neutral state.
'It shouldn't be that we travel to India and they don't come to our country. Idea is to settle it once and for all on equal terms.'
'Modi's intention was to create goodwill that will allow India to be seen by Trump as more than just a bad tariff problem.' 'He succeeded brilliantly on that count but none of these wins are unfortunately permanent.' 'Modi will have to do this again and again if Trump's grievances are to be durably assuaged.'
Traversing from being just vehicle manufacturers to mobility solutions providers amid a raging debate over which eco-friendly technology must be incentivised, the Indian automobile industry is driving in the new year under the shadow of a slowdown in sales with the post-pandemic pent-up demand in distant memory. The shift in the auto industry -- where advanced technologies like autonomous driving, vehicle intelligence, connected features and electrification are quickly gaining traction -- will be reflected in the upcoming Bharat Mobility Global Expo in which India's flagship Auto Expo has been clubbed to be held from January 17-22, 2025 in Delhi-NCR.
The judge further underlined that the minorities of the country had not only joined the mainstream but also were an important facet of it.
When investing in fixed-income products, balancing considerations like safety, liquidity, and income is essential.
Most global as well as domestic brokerages are upbeat on India's largest IT services provider, Tata Consultancy Services (TCS), despite its performance during the December quarter of FY25, when it missed Street estimates. On the bourses, the TCS share price rallied as much as 6.44 per cent to hit an intraday high of Rs 4,296.80 apiece, before settling 5.67 per cent higher at Rs 4,265.55.
'Consider 40% to 50% in equities, 10% in gold as a hedge, and the remaining 30% to 40% split between multi-asset funds and hybrid funds.'
External Affairs Minister S Jaishankar has said India can never permit others to have a veto on its choices and will do whatever is right in the national interest and for the global good without being intimidated to conform. In a video message for a function in Mumbai on Sunday, he said when India is etched more deeply in global consciousness, its repercussions are truly profound. In a world grappling with unhealthy habits, stressed lifestyles or recurring climate events, there is much learning to be gained from India's heritage. But the world will only know when the countrymen take pride in it, he said.
Benchmark equity indices Sensex and Nifty pared early gains to settle lower on Wednesday due to late selling in index major Reliance Industries, ITC and HDFC Bank even as the RBI took the first step towards a rate cut in its monetary policy review. Erasing its early gains, the 30-share BSE Sensex fell 167.71 points or 0.21 per cent to close at 81,467.1. During the day, it surged 684.4 points or 0.83 per cent to hit an intra-day high of 82,319.21.
Sharif, who is also the patron-in-chief of the Pakistan Cricket Board (PCB), also told Naqvi that it was not just about money and that the sentiments of the public should also be taken into consideration.
Former all-rounder Shahid Afridi wants PCB to adopt a firm stance on cricketing ties with India.
The tournament is scheduled to be held in Pakistan, and Rizwan expressed confidence in the enthusiastic reception the Indian team would receive from Pakistani fans.
Justice Shekhar Kumar Yadav, an Allahabad High Court judge, is set to appear before the Supreme Court Collegium to explain his controversial statements made at a Vishva Hindu Parishad (VHP) function. The Supreme Court has sought a report from the Allahabad High Court after news reports surfaced regarding Justice Yadav's remarks, which were widely condemned as "hate speech". The judge's statements, made at a VHP event, sparked outrage from various quarters, including opposition leaders and lawyers. The Bar Association of India has also condemned the judge's remarks and called for an apology.
PCB Chairman Mohsin Naqvi has dismissed the possibility of a 'hybrid model', under which India would play at a neutral venue while the rest of the tournament is held in Pakistan.
India has served a formal notice to Pakistan seeking a review of the Indus Water Treaty, arguing that 'fundamental and unforeseen' changes in the circumstances require a reassessment of the pact.
The eighth Budget of Finance Minister Nirmala Sitharaman continued to focus on 'GYAN' (Garib, Youth, Annadata, Nari) to maintain a consistent and coherent strategy initiated over the years in pursuing the government's vision for Viksit Bharat. The approach, characterised by incremental yet impactful steps, aims to create a compounding effect over time.
The Pakistan cricket board (PCB) will not stage matches of the 2025 Champions Trophy outside the country if India do not travel for the tournament, chairman Mohsin Naqvi said.
Amid slowing volume sales among India's major automakers, Toyota Kirloskar Motor (TKM) has defied the trend with strong growth, driven by demand for hybrid vehicles and a reliable product line up. The company expects this momentum to continue in 2025. "The overall response to our cars has been fabulous. So, we foresee the same momentum in 2025 as well," Sabari Manohar, vice-president, sales-service-used car business, TKM, said.
The iconic East Bengal Football Club called on the Bangladesh government to take immediate and effective measures to safeguard vulnerable communities.
Dr Nagesh Kumar, one of the three new MPC members, wanted the MPC to reduce the repo rate by 25 basis points to 6.25%.
According to a top ICC source, the decision was more or less finalised during an informal meeting between the body's new president Jay Shah and the Board of Directors, including Pakistan, at its headquarters in Dubai on Thursday.
While often taking a playful approach too.
Priyanka Mohan lights up the silver screen while ruling the fashion scene!
She does not hesitate when it comes to experimenting with her makeup.
Around six weeks ago, Sun Pharmaceutical Industries, India's largest drugmaker, suffered a setback, which led to a selloff in the share. The US District Court of New Jersey granted Incyte's request for a preliminary injunction against Sun Pharma's launch of Leqselvi, a drug that treats alopecia.