'We do not believe in fire sale. We don't do it.'
'Whenever the hike in voting percentage is more, the NDA gains more, and when the hike is negligible, the NDA falls.' 'I have established this in UP, Haryana and Jharkhand.'
Delhi Chief Minister-designate Atishi will have to hit the ground running to accelerate the city government's functioning and ensure that the flagship projects and schemes are back on track in view of the assembly polls due in February.
No National Eligibility cum Entrance Test-Undergraduate (NEET-UG) candidate has scored above 682 in the revised results for a centre in Haryana that was under the scanner after six aspirants who took the medical entrance exam there on May 5 got 720 out of 720.
The National Commission ruled that the insurance policy is deemed to be automatically transferred to the purchaser when the vehicle is registered in their name.
Even as the high inflation figure for October has ruled out any possibility of a rate cut by the Reserve Bank of India's (RBI's) monetary policy committee (MPC) in December, a rate cut in February also looks uncertain due to global uncertainties. Economists told Business Standard that unless domestic growth slows markedly, the outlook on rate cut remains unclear. India's headline inflation touched a 14-month high of 6.2 per cent in October, breaching the MPC's upper tolerance band of 6 per cent.
With new eligibility criteria for futures and options (F&O) coming into effect, Jio Financial Services and Zomato are strong contenders for inclusion in the derivatives segment, according to an analysis by Nuvama Alternative & Quantitative Research. The report suggests that these new F&O inclusions could also propel these two companies into the benchmark National Stock Exchange Nifty 50 during the March rebalancing.
India fast bowler Mohammed Siraj was ruled out of the upcoming Duleep Trophy because of illness.
'Invest only in stocks of those companies that deliver on earnings and there is earnings visibility too for the next few quarters.'
'GenAI programmes may not be large in terms of value, but have triggered a lot of new opportunities among clients.'
The total allocation to the defence sector is 12.9 per cent of the total budget of the government of India for the financial year 2024-25.
The National Medical Commission has reintroduced 'sodomy and lesbianism' as unnatural sexual offences in the forensic medicine and toxicology curriculum for undergraduate medical students.
Reserve Bank of India (RBI) Governor Shaktikanta Das has said the decision on interest rate moderation will be based on long-term inflation trajectory and not monthly data. The Monetary Policy Committee (MPC) headed by the RBI Governor is scheduled to meet between October 7 and 9 and take call on interest rate. The RBI kept the repo rate unchanged at 6.5 per cent for the ninth time in a row amid risks from higher food inflation.
The ministry had on September 2 issued guidelines as per which staff and examinees from containment zones shall not be permitted to be physically present at exam centres and there will be alternative arrangements for such students.
Boom, bust or a bit of both: as the jury bides time before ruling on the US 'recession', the economy's vital signs at a perplexing time of high-interest rates, still-punishing inflation, and surprisingly strong economic gains are a study of a growing debate over whether the world's largest economy is barrelling into a new downturn. With the US Federal Reserve's (Fed's) inflation fighters attempting the risky pursuit of 'pillow-soft landings' and its economy sending out mixed signals, if there is indeed a recession, it could spell trouble for domestic equities and corporate earnings growth.
'Margins will be an outcome of that. They will likely remain somewhat range-bound.'
The Bombay high court on Thursday said creative freedom and the freedom of expression cannot be curtailed and the censor board cannot refuse to certify a film just because there is an apprehension of a law and order problem.
Banks reported muted treasury gains during April-June of FY25 (Q1FY25) following Reserve Bank of India's (RBI's) revised norms on investment portfolio effective from April 1, 2024, despite softening of government bond yields. "Banks have reported muted treasury gains during Q1 of FY25 despite softening of yields across the curve. "The main reason was change in the investment valuation and classification guidelines by the RBI.
Fitch Ratings has revised India's GDP forecast to minus 9.4 per cent in the current fiscal year from a previously projected contraction of 10.5 per cent after the economy staged a sharper rebound in the second quarter. In its Global Economic Outlook, Fitch said the coronavirus-induced recession inflicted severe economic scarring and the country needs to repair balance sheets and increase caution about long-term planning. "We now expect GDP to contract 9.4 per cent in the fiscal year to end March 2021 (plus 1.1 percentage point) followed by plus 11 per cent growth (unchanged) and plus 6.3 per cent growth in the following years," the rating agency said.
All eyes will be on whether Sitharaman provides the much-expected tax relief for the middle class, leaving more money in their hands, as there is tax buoyancy
Fitch expected economic activity to contract by 5 per cent in FY21 due to the strict lockdown measures imposed since March 25, before rebounding by 9.5 per cent in FY22.
Life Insurance Corporation (LIC) on Wednesday said markets regulator Sebi has granted an additional 3 years time till May 16, 2027 to comply with the 10 per cent public shareholding norm. Currently, government holding in LIC is 96.50 per cent, while public holding is 3.50 per cent.
The first quarter results (Q1FY25) of Indian IT services hint towards better fiscal growth than the preceding year, but as the management commentary said, "there is still some time for the industry to be firing on all cylinders." Among the majors-Tata Consultancy Services (TCS), Infosys, HCLTech, and Wipro-it is the Bengaluru-based Infosys that has performed better, which was also evident in its full-year revenue guidance.
Mr Jaitley should devise methods to attract better talents at the higher level.
Indian engineering research and development (ER&D) players, such as Tata Technologies, Tata Elxsi, and Cyient, among others, had a subdued January-March quarter of 2023-24. The outlook for 2024-25 (FY25) also remains unexciting amid weak discretionary spending, prompting analysts to revise their growth expectations for the ongoing financial year (FY25).
Captain Rohit has been 'absolutely phenomenal': Bumrah
The good news is that salary hikes are expected, though it is uncertain when they will be implemented.
The situation raises the question: could Naib face a ban for potentially faking an injury?
Oil Minister Dharmendra Pradhan said the new timing of the price change was agreeable to the dealers and so daily price revision will be implemented from June 16
Reliance Industries Ltd on Monday reported a 5 per cent fall in the net profit for the July-September quarter, as weak oil refining and petrochemical business hurt operational performance.
This would give BJP the chance to explore Constitutional options for government formation if there is no clear-cut mandate, explains Sheela Bhatt.
As per the revised timings issued by the BCCI on Sunday, both the matches will start at 11:30 AM IST instead of 13.30 PM.
The Supreme Court will hear on Monday a batch of pleas related to the controversy-ridden medical entrance exam National Eligibility-cum-Entrance Test-Undergraduate (NEET-UG) 2024, including those alleging irregularities and malpractices in the May 5 test and seeking a direction to conduct it afresh.
The Wuhan municipal headquarters in a notification said the revisions were made in accordance with related laws and regulations as well as the principle of being responsible for history, the people and the deceased.
S&P Global Ratings on Wednesday upgraded India's sovereign rating outlook to positive from stable while retaining the rating at 'BBB-' on robust growth and improved quality of government expenditure. S&P said it could upgrade India's sovereign rating in the next 2 years if the country adopts a cautious fiscal and monetary policy that diminishes the government's elevated debt and interest burden while bolstering economic resilience.
The postponement comes two days after the National Testing Agency cancelled the UGC-NET examination within 24 hours of its conduct, saying the integrity of the exam had been compromised.
The CAS banned teenage figure skater Kamila Valieva in January for four years for doping, effective from December 2021, a decision that also stripped the Russian Olympic Committee of its gold medal in the team event at the 2022 Games, nearly two years after the competition.
'The adjustments (of tax slabs and standard deduction) will reduce the tax burden for salaried individuals with an income of around Rs 20 lakh by approximately Rs 18,000.' 'For non-salaried individuals with the same income level, the savings will be around Rs 10,000.'
The BJP's Central Election Committee had met on Sunday evening to finalise the party's candidates for the polls.
The real estate sector wants "high-impact" measures, like special schemes and tax breaks for developers, to revive the fortunes of the affordable housing segment in the country, multiple executives told Business Standard. This segment has been struggling since the Covid-19 outbreak, in contrast to larger and costlier homes which have been selling like hot cakes. The demand comes at a time when the government is taking suggestions from industry players before tabling the General Budget in the Parliament next month.