'Elections and audience interest in specific movies are often independent factors.'
Amid allegations by opposition parties that the government was misusing probe agencies to target its leaders, the Election Commission on Tuesday asserted that while it remains committed to protecting level playing field and campaign entitlement of parties and candidates, it has not found it correct to take any step that could overlap or overrun the legal judicial process.
'We're putting a lot of focus on GenAI developers and people who can really do all the architecture and programming.'
Credit outstanding to the housing sector rose by nearly Rs 10 lakh crore in the last two fiscals to reach a record Rs 27.23 lakh crore in March this year, according to RBI's data on 'Sectoral Deployment of Bank Credit'. Experts from banking and real estate sectors attributed this growth in housing credit outstanding to a strong revival in the residential property market post-COVID pandemic on pent-up demand. According to the data of the Reserve Bank of India (RBI) on sectoral deployment of bank credit for March 2024, the credit outstanding to the housing (including priority sector housing') stood at Rs 27,22,720 crore in March 2024, up from Rs 19,88,532 crore in March 2023, and Rs 17,26,697 crore in March 2022.
Quiet vacationing is a valuable tool to manage stress and maintain well-being during busy periods. It's not a replacement for a full vacation but a way to cope with breaks.
Ahead of the upcoming elections, political parties have started announcing incentives to benefit women, but what do women truly seek for genuine gender parity, asks Nivedita Mookerji.
'Auto, pharma, and industrials have delivered well in the recent quarter, while businesses like quick-service restaurants, consumer staples, and durables have underperformed in volume growth.'
The result is a big blow to the military establishment, revealing the limits of 'political engineering'. It reflected the anger of the electorate, especially its younger voters, who have spoken decisively against the persistent harassment and victimisation of Imran Khan's political party, asserts Rana Banerji, who headed the Pakistan desk at RA&W.
The domestic equity markets are expected to extend gains following the strong showing of the Narendra Modi-led Bharatiya Janata Party (BJP) in the state elections - a crucial precursor to the general elections in May. The BJP decisively secured victories in three of the four key states - Madhya Pradesh, Rajasthan, and Chhattisgarh. While the battles in these three states were closely contested, the scale of the BJP's triumph has surprised many, heightening expectations for regime continuity in 2024 - a positive catalyst for the markets.
'The decrease in the popularity of white cars and the rise in preference for darker colours like black, grey, and blue over the past three years reflect changing consumer attitudes.'
During a review, the EC found that the performance of some officers was "unsatisfactory" and they were found "complacent, if not complicit" in various matters, including the illegal supply of liquor as a possible poll inducement, sources said.
As more companies ask their employees to return to office after the pandemic, the share of women employed in regular salaried jobs in urban India decreased from 54 per cent in the first quarter to 52.8 per cent in the second quarter of the current financial year, according to the quarterly Periodic Labour Force Survey (PLFS) data. The slump in the share is the lowest in wage employment in any quarter in the last six years when the National Statistical Office started releasing the quarterly PLFS surveys in Q3 of FY19. The share of women in wage work was highest in Q1 of FY21 at 61.2 per cent.
In 2022, Rajasthan met for 30 days, Chhattisgarh 18 days, MP and Mizoram for 15 each, and Telangana for 10 days.
Active largecap funds, which have the toughest job in terms of outperforming the benchmark, did better in 2023 as their bets in the mid and smallcap stocks paid off.
Global capability centres (GCCs) are increasingly looking to tap into revenue opportunities from the Indian market, which is already a critical talent hub. While capturing the potential of the Indian market has been in the works over the past few years, it's only of late that companies are gaining momentum. India is home to more than 1,580 GCCs, with a total market size of $46 billion and growing at a compound annual growth rate (CAGR) of 11.4 per cent, according to a Nasscom-Zinnov report.
It's all eyes on the consumer durables sector during the festival season after a weak Q1FY24 and Q2FY24 was impacted by an erratic monsoon. Traditionally, this period sees the highest number of purchases. Dealers and manufacturers are complaining about low business-to-consumer (B2C) off-take during the first half.
Bollywood loves number games. And not just the rat race kind. There's a slew of movies with numbers in their title.
While India should be concerned about disparities, the fact is that whereas three decades ago about half the people had incomes greater than $2.15 a day, today seven out of eight do, notes T N Ninan.
The BJP often forgets that in Dravidian Tamil Nadu, the voter does not mix religion, which is personal, and politics that is in the public sphere, points out N Sathiya Moorthy.
After startups and Big Tech, the layoff season may have begun at the $245 billion Indian information-technology (IT) industry. Bengaluru-based IT major Wipro is looking to cut hundreds of jobs, targeting mid-level employees working onsite as the company looks to improve margins, according to a media report, citing two sources. The company has said it is aligning its business and talent to the changing market environment.
Axis Bank, Tata Steel, Kotak Mahindra Bank, ICICI Bank, Tata Motors, and Bajaj Finance were among the other major laggards. Tata Consultancy Services, Reliance Industries, UltraTech Cement, Infosys, HCL Technologies, and Tech Mahindra were among the gainers.
'This was earlier driven by industries and the commercial sector.'
Prime Minister Narendra Modi has said his government has made a "solemn promise" for restoration of Jammu and Kashmir's statehood and will stand by it, adding the Centre was working very hard to create the right conditions.
Sources in the PML-N told the Press Trust of India in Lahore that Nawaz Sharif decided to withdraw himself from the race for the prime minister's office for his daughter and political heir, Maryam Nawaz, 50.
'Acting happened quite by accident. It chose me.' 'To be cast in the lead in Raaz 2 and Raaz 3 felt almost surreal.'
A voter turnout of 60.19 per cent was recorded till 5 pm in the third phase of Lok Sabha elections in 93 constituencies spread over 11 states and Union Territories on Tuesday with sporadic incidents of violence in West Bengal.
The trendsetters of Bollywood, be it the graceful Deepika Padukone or diva Priyanka Chopra, they all have left their fans stunned with their beautiful ear cuffs. Take a look.
'Indians are basically liked because they are educated, they are intelligent.'
At a time when capital allocations to real estate are growing globally, investors are expecting transparency standards in real estate to be at par with other asset classes, says Anuj Puri.
'It's dull because this time the election is spread over such a long period.'
Not just in the IT sector, Capgemini is probably the only company, in India, which has offered salary increments.
The image of Madhya Pradesh has taken a beating due to the recent spurt in incidents of crime, be it the murder of Right to Information activist Shehla Masood or the killing of young Indian Police Service officer, Narendra Kumar allegedly by the growing mining mafia in the state.
The cash pile within smallcap mutual fund (MF) schemes has grown over the past few months amid a relentless rally in stocks in this space. While fund managers usually don't make cash calls, incessant inflows and valuation discomfort have forced their hand. At the end of January, the top 10 schemes had over Rs 12,160 crore in cash, compared to Rs 8,700 crore in August 2023.
The net inflows into active equity mutual fund (MF) schemes registered more than a twofold month-on-month rise in August, crossing Rs 20,000 crore, the highest in five months. This rise in net inflows was boosted by an 18 per cent growth in gross investments, driven by a record Rs 15,800 crore inflow through the systematic investment plan (SIP) route and Rs 5,000 crore collected by seven new fund offers (NFOs) in the active equity space, reveals data released by the Association of Mutual Funds in India (Amfi). Moreover, redemptions moderated in August, declining by 19 per cent to Rs 24,580 crore, after staying elevated in the previous three months owing to profit booking.
The Interim Budget for 2024-25 (FY25) to be presented on February 1 is likely to assume 10-10.5 per cent nominal gross domestic product (GDP) growth against 8.9 per cent estimated for FY24 by the National Statistical Office (NSO). "We were waiting for the First Advance Estimates GDP numbers for FY24. "We will finalise the nominal GDP growth assumption for FY25 Interim Budget in a couple of days.
TCS saw its headcount reduced by 6,333. Infosys' headcount decreased by almost 7,500, and HCLTech saw its employee numbers shrink by 2,299.
Is the unusually and unbearably scorching Sun and the general laxity, bordering on laziness, among voters, responsible, asks N Sathiya Moorthy.
Global private equity (PE) firms are successfully offloading large equity stakes in domestic companies in the open market, taking advantage of buoyant conditions. Strong domestic liquidity support and an upward trending market have underpinned over a dozen PE exits worth $2.5 billion, data compiled by Business Standard shows. The figures exclude PE exits during maiden share sales and shares sold by strategic investors, such as SoftBank and Ant Group in new-age companies.
Summer In A CLiQ Kurta Sets Are Your New Workwear Staples Fashion influencer Ankita Katuri shares her tips on taking a kurta set from desk to dinner
