Deloitte India on Friday said it estimates India's GDP growth at 6.6 per cent in the current fiscal helped by consumption expenditure, exports rebound and capital flows. In its India's economic outlook report, Deloitte said the rapid growth of the middle-income class has led to rising purchasing power and even created demand for premium luxury products and services. With the expectation that the number of middle-to-high-income segments will be one in two households by 2030/31, up from one in four currently, we believe this trend will likely become further amplified, driving overall private consumer expenditure growth, it said.
Retail inflation increased to four-month high of 5.08 per cent in June as food items, including vegetables became dearer, according to government data released on Friday. The Consumer Price Index (CPI) based retail inflation was on a decline since January, before rising again in June. The CPI-based retail inflation was 4.8 per cent in May 2024 and 4.87 per cent in June 2023.
The Indian hockey team suffered its first loss of the Paris Olympic Games, going down 1-2 to defending champions Belgium.
Greece beat England for the first time as striker Vangelis Pavlidis's double earned the visitors a richly-deserved 2-1 victory.
A sneak peek of some extraordinary entries for the 60th annual Wildlife Photographer of the Year event.
Hometown favourites Felix and Alexis Lebrun, at 17 and 20, also made it to the round of 32 in singles with clean 4-0 victories, against the backdrop of a packed stadium of French fans cheering for them and shouting their names.
Venezuela struck twice in the space of 10 minutes in the second half to come from behind and earn a 2-1 victory over Ecuador.
Real Madrid fought back from two goals down as Vinicius Jr grabbed a hat-trick in a thrilling 5-2 win over visitors Borussia Dortmund in the Champions League.
Champions Leverkusen, who set a European record of 51 consecutive games without loss across all competitions last season, kept their unbeaten streak intact with a number of late equalisers.
France overcame a slow start to beat neighbours Belgium 2-0 for their first points of the Nations League campaign.
Raashii gets candid...Kartik transforms...Kunal gives us Monday motivation...
There was no "Miracle on the Seine" at the Paris Olympics on Saturday as the United States men's basketball team did as expected by grinding out a 98-87 win over France to claim a fifth consecutive gold medal.
This is the first time a country has won all the diving events at one Games.
Info Edge (India), the country's leading consumer internet company known for its platforms in recruitment (naukri.com), real estate (99acres.com), matrimony (jeevansathi.com) and education (shiksha.com) space, delivered revenue growth in line with expectations in the April-June quarter (Q1) of FY25.
Inter Milan escaped Etihad Stadium with a surprise 0-0 draw against Manchester City in the Champions League on Wednesday.
Top-ranked Netherlands reached the men's hockey final at the Paris Olympics on Tuesday with a much more comfortable 4-0 win over Spain than in the pool stage
M&M was the biggest gainer on the Sensex chart, rising 5.97 per cent, followed by JSW Steel, Ultra Cement, Kotak Bank, ITC and NTPC. Reliance Industries gained 0.73 per cent to close at Rs 2,871 apiece. In contrast, TCS, HCL Tech, HUL, Nestle Industries, Bajaj Finserv, Wipro and Infosys were among the losers.
IMAGES from the English Premier League matches played on Sunday
Argentina beat Ecuador 4-2 on penalties to move into the semi-finals of the Copa America on Thursday after goalkeeper Emi Martinez made two saves for the reigning champions in the shoot-out following a 1-1 draw in regulation time.
Barcelona top the LaLiga standings with 15 points, four ahead of Real Madrid and Villarreal. Girona are seventh on seven points.
'I am old school and want what my parents have. They have been together for 35 years and still go on dates.'
Benchmark Sensex rebounded by 167 points in a volatile trade on Friday amid buying in ICICI Bank, State Bank of India and Reliance Industries. The 30-share BSE Sensex climbed 167.06 points or 0.23 per cent to settle at 71,595.49. During the day, it hit a high of 71,676.49 and a low of 71,200.31.
India stunned Tokyo Games silver medallist and their biggest nemesis Australia 3-2 in Paris on Friday
Images from Saturday's action in the Nations League group stage matches.
Thermax reported 13 per cent Y-o-Y revenue growth with operating profit margin decline in Q1FY25. It took a hit of Rs 70 crore on specific projects. The company enjoys a strong order pipeline across sectors like power, steel, refining and petrochemicals.
The Indian men's hockey team beat Ireland despite a few defense lapses to more or less secure its passage into the quarter-finals of the Paris Olympics.
Several investors wanting to invest in mutual fund schemes, amid the selloff in the market on Tuesday, were left in the lurch as online MF investment platforms failed to execute the transactions on time.
From the Sensex pack, Tata Motors, HCL Technologies, Power Grid, Tech Mahindra, NTPC, Axis Bank, Kotak Mahindra Bank, Larsen & Toubro, Wipro, Nestle, Tata Consultancy Services and Infosys were among the major gainers. Bajaj Finance, Bajaj Finserv, Mahindra & Mahindra, UltraTech Cement, IndusInd Bank and State Bank of India were the major laggards.
Panama beat Bolivia 3-1 on Monday to finish second in Group C and qualify for the Copa America quarter-finals after tournament hosts United States were eliminated following a 1-0 loss to group winners Uruguay.
Among the 30 Sensex companies, Kotak Mahindra Bank, Asian Paints, Reliance Industries, ITC, Sun Pharma, ICICI Bank, Axis Bank and JSW Steel were the major laggards. Larsen & Toubro, Tata Motors, Maruti, NTPC, Mahindra & Mahindra and UltraTech Cement were among the gainers.
NTPC was the top gainer in the Sensex pack, rallying over 4 per cent, followed by HUL, PowerGrid, Reliance Industries, ITC, UltraTech Cement and Bajaj Finance. NSE Nifty surged 186.15 points to finish at 14,744.
Robert Lewandowski's brace earned depleted Barcelona a 2-1 comeback win at Valencia
Chile showed more attacking flair but failed to execute the crucial final pass in a first half marred by injuries, with Peru's Luis Advincula subbed off in the 35th minute and Chilean midfielder Diego Valdes being replaced at half-time.
The number of domestic air travelers in India grew 2.42 per cent year-on-year (Y-o-Y) in April, reaching 13.2 million, according to data by the Directorate General of Civil Aviation (DGCA) on Tuesday.
Defending Copa America champions Argentina beat Canada 2-0 in the opening match of the tournament on Thursday.
Hosts France will play an Olympic men's football final for the first time in 40 years after beating Egypt 3-1 in extra-time at the Lyon stadium on Monday and will face Spain for the gold medal.
Many interesting films with A-Listers line up for release in June.
L&T surprised on the upside of consensus due to stronger-than-expected growth overseas. The Q1FY25 results were ahead of estimates on both revenue and net profit fronts. The company reported a 15 per cent year-on-year (Y-o-Y) growth in revenues along with 15 per cent Y-o-Y growth in operating profit and 12 per cent Y-o-Y growth in net profit on consolidated basis.
The Spaniards, looking for a record fourth Euro crown, struck twice in three minutes, with Fabian Ruiz setting up Alvaro Morata in the 29th and firing in himself a little later.
Salomon Rondon struck a second-half penalty to send Venezuela into the Copa America quarter-finals on Wednesday with a 1-0 win over Mexico in Group B, a result that also sent Jamaica crashing out of the tournament.
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