The Reserve Bank of India on Wednesday decided to keep the policy rate unchanged for the tenth time in a row but changed its stance to 'neutral' that may lead to a cut in the forthcoming policies. RBI maintained status quo despite the US Federal Reserve lowering the benchmark rates by 50 basis points last month.
The filing of Swiggy's DRHP has led to direct comparisons with Zomato, which is a direct competitor in food delivery and the fast-growing quick-commerce segment where Blinkit (owned by Zomato) faces off against Instamart (and Zepto). In Q-commerce, Flipkart, Amazon, Reliance and Big Basket are all entering the space. All of them have deep pockets, hence competitive intensity will rise going forward.
Benchmark equity indices Sensex and Nifty slumped over 1 per cent on Friday, tracking a weak trend in global markets and fresh foreign fund outflows. Falling for the third day running, the 30-share BSE Sensex tumbled 1,017.23 points or 1.24 per cent to settle at 81,183.93.
'Guys like Rishabh Pant have got a muscle memory and the thirst for victory.' 'He was such a key player last time he played there and the Australian public loved him as well, because of the nature of the way he played his game.'
After climbing to the highest level in more than five years to 4.7 million tonnes in FY24, India might import fewer quantities of pulses this financial year at 4-4.5 mt on the back of good monsoon and higher domestic production, Bimal Kothari, chairman of India Pulses and Grains Association (IPGA), said in New Delhi on Friday. Kothari was addressing reporters on the sidelines of a seminar on pulses titled "Bharat Dalhan-2024".
Finance Minister Nirmala Sitharaman on Tuesday announced the doubling of the upper limit of Mudra loans to Rs 20 lakh to promote entrepreneurship in the country. "The limit of Mudra loans will be enhanced to Rs 20 lakh from the current Rs 10 lakh for those entrepreneurs who have availed and successfully repaid previous loans under the 'Tarun category', she said while presenting the Budget in the Lok Sabha.
CA chief calls on Queensland to invest in stadium after Gabba was snubbed from international calendar for first time in 50 years.
The collective wealth of the 100 richest went past $1 trillion for the first time.
Weeks after it informed that parts of the purported skeleton of murder victim Sheena Bora were untraceable, the prosecution on Wednesday told the trial court in Mumbai that they were lying at the Central Bureau of Investigation's (CBI) office in New Delhi.
Infosys Ltd on Thursday reported a 4.7 per cent rise in the September quarter net profit and raised revenue guidance after broadbased growth. Net profit of Rs 6,506 crore in July-September was up 4.7 per cent when compared to Rs 6,212 crore earnings in the same period last year. It was 2.2 per cent higher quarter-on-year, according to a company statement.
Section 6A, which was incorporated in the Citizenship Act 1955 following the signing of the 1985 Assam Accord, was upheld by the Supreme Court.
Livid PT Usha declares no confidence bid against her illegal
After Delhi, CNG price in Mumbai has been hiked by Rs 1.50 per kg and the rate of cooking gas piped to houses by Re 1 due to rise in input costs. Mahanagar Gas Ltd, which retails CNG to automobiles and piped natural gas to households for cooking purposes in Mumbai and surrounding cities, said the increased prices will come into effect from the intervening night of July 8 and 9.
In the absence of national regulars, the focus will shift on the likes of Rinku, who was surprisingly not picked for the first round despite having an impressive first-class record.
India has only minor concerns, but New Zealand's troubles across batting and bowling departments are more pronounced.
Automobile exports from India rose 15.5 per cent year-on-year in the June quarter with all verticals, barring three-wheelers, recording growth in shipments, according to the latest SIAM data. Overall shipments stood at 11,92,577 units in the first quarter the current fiscal year, as compared with 10,32,449 units in the same period of the last fiscal. Passenger vehicle exports stood at 1,80,483 units in the first quarter, registering a jump of 19 per cent over 152,156 units in the same period last year.
Back in 2007, Rediff.com's Sheela Bhatt had profiled Yakub after he was sentenced to death by the Terrorist and Disruptive Actives (Prevention) Act court for criminal conspiracy and financing air tickets to send co-conspirators for arms and RDX training to Pakistan.
Back in 2007, Rediff.com's Sheela Bhatt had profiled Yakub after he was sentenced to death by the Terrorist and Disruptive Actives (Prevention) Act court for criminal conspiracy and financing air tickets to send co-conspirators for arms and RDX training to Pakistan.
Sonam Kapoor Ahuja has found a place on UK's Top 40 Best Dressed Celeb list alongside Harry Styles, Kate Middleton, Rosamund Pike, Sienna Miller and Kate Moss.
Union Finance Minister Nirmala Sitharaman will review the performance of regional rural banks (RRBs) after the Budget session of Parliament, according to two people familiar with the matter. The finance minister will review the performance of RRBs after August 13. The review will include discussions on enhancing the digital capabilities of RRBs, said a senior government official.
Yarraji also competed in the women's 200m event in Warsaw and clocked 23.53 to finish second behind compatriot Kiran Pahal, who timed her run at 23.33.
Asian Paints, JSW Steel, ITC, Bajaj Finance, IndusInd Bank, Tata Steel, NTPC, Bajaj Finserv, HDFC Bank, Reliance Industries and Power Grid were among the laggards. In contrast, Tata Motors, Mahindra & Mahindra, State Bank of India, Infosys and HCL Tech were the gainers.
The government has slashed by up to 20 per cent the supplies of cheaper domestically produced natural gas to city retailers -- a move that may result in Rs 4-6 per kg hike in the price of CNG sold to automobiles, unless excise duty on the fuel is cut, sources said. Natural gas pumped from below the ground and from under the seabed from sites ranging from the Arabian Sea to Bay of Bengal within India is the raw material that is turned into CNG for sale to automobiles and piped cooking gas to households.
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.
The Indian embassy in Moscow confirmed the death of Ravi Moun, who hailed from Matour village in Haryana's Kaithal district, his brother Ajay Moun said.
Currently, India leads the World Test Championships table with Australia in second place.
The 36-year-old is signed as a replacement for South African Wiaan Mulder, who is expected to travel to the West Indies with the Proteas in August.
The 38-year-old Haryana boxer won a bagful of medals between 2006 and 2014, including a bronze at the 2008 Beijing Olympics and the 2009 World Championships, before turning professional.
The Reserve Bank is unlikely to cut the benchmark interest rate in its forthcoming bi-monthly monetary policy review later in the week as retail inflation is still a cause of concern, and there is a possibility of the Middle East crisis deteriorating further, impacting crude oil and commodity prices, say experts.
Stepping up the company's AI and cloud play, Reliance Industries chairman Mukesh Ambani on Thursday announced that Jio users will get up to 100 GB of free cloud storage to securely store and access their photos, videos, documents, digital content and data. Addressing the 47th AGM of RIL, Ambani said the Jio AI-Cloud Welcome offer will be launched during the upcoming Diwali, which would bring a "powerful and affordable solution where cloud data storage and data-powered AI services are available to everyone, everywhere". "Jio users will get up to 100 GB of free cloud storage to securely store and access all their photos, videos, documents, all other digital content, and data.
Smith, who has played just four Twenty20 internationals for Australia since the start of 2023, went unsold at the Indian Premier League auction held in December last year.
Gautam Adani-owned Adani Ports and Special Economic Zone (APSEZ) will replace IT major Wipro in the 30-share BSE Sensex from June 24, according to an official announcement on Friday. This marks the first inclusion of any Adani Group firm in Sensex. The group has 10 listed firms with a combined market valuation surpassing Rs 17 lakh crore.
Prime Minister Narendra Modi-led National Democratic Alliance government has changed the telecom policy after receiving electoral bonds worth Rs 150 crore from a company, All India Majlis-e-Ittehadul Muslimeen chief Asaduddin Owaisi claimed on Thursday.
From the Sensex basket, PowerGrid, Bharti Airtel, Wipro, HDFC Bank, Kotak Mahindra Bank, UltraTech Cement, Asian Paints, Infosys and Reliance Industries were the major laggards. Bajaj Finance, NTPC, Larsen & Toubro, Axis Bank, Tata Motors, IndusInd Bank and Bajaj Finserv were among the gainers.
"This (Duleep Trophy) is a big tournament as every match is important for us. We are playing against some players whom we generally play with in the Indian team. So, we will get to see a good competition," he noted.
England players returned home even before the completion of the IPL's league stage on Sunday.
Arthritis affects people of all ages, including those in their 20s and 30s, says Dr Prashant Kamble, consultant-orthopedics at the Sir HN Reliance Foundation Hospital, Mumbai.
Domestic passenger vehicle wholesales grew by 4 per cent to 286,390 units last month, the Society of Indian Automobile Manufacturers said on Friday. As per the latest data issued by the Society of Indian Automobile Manufacturers (SIAM), dispatches of passenger vehicles (PVs) from manufacturers to dealers were 275,352 units in December 2022.
Bangladesh pacers have also been fortunate to have come under the tutelage of South African great Allan Donald and former West Indian pacer Otis Gibson.
The reservation policy requires a fresh relook and new methods are needed for the uplift of people belonging to Scheduled Castes (SC), Schedule Tribes (ST) and Other Backward Classes (OBC), Supreme Court judge Justice Pankaj Mithal said on Thursday.
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