Indian captain Mahendra Singh Dhoni is facing the danger of a one-match ban unless his side manage to increase their over-rate following slow bowling during England's first innings in the opening cricket Test.
'The bull market cycle ran for five years. It's the end of that cycle.' 'The next cycle is a down cycle, and in that down cycle, you will see the Sensex falling from their highs of around 68,000 to maybe 40,000-50,000 at the bottom of the cycle.'
The Indian IT services industry is expected to clock revenue growth in the mid-single digit for the financial year 2024-2025 (FY25), according to a report by Icra for the year.
'Inflation is not good for industry. Nor for the economy as a whole.'
A number of non-banking financial companies (NBFCs) have tapped into the debt capital market ahead of the festival season to meet increasing credit demand as bank funding slows. On Tuesday, Aptus Value Housing Finance secured Rs 300 crore at an interest rate of 8.75 per cent through bonds maturing in five years. ICICI Home Finance Company turned to the market to raise Rs 275 crore at 7.94 per cent, alongside another Rs 300 crore at 7.95 per cent, through bonds maturing in five and three years, respectively.
The domestic basic telephone network is expected to grow at a slow rate over the next few years owing to increased competition from cellular wireless services
After two weeks of buying, FPIs turned net sellers in Indian equities this week, with a net withdrawal of Rs 976 crore amid a strengthening US dollar and steady rise in US 10-year bond yields, impacting investor sentiment. Foreign Portfolio Investors (FPIs) began the week on a positive note, investing Rs 3,126 crore in equities during the first two trading sessions (December 16-20).
It means the inaugural World Test Championship winners face a tough ask to qualify for next year's one-off Test in June 2025, with two wins against England and several other results also needing to go their way if they are to reach the Lord's decider.
Former Indian opener Wasim Jaffer expressed concerns over all-rounder Hardik Pandya's declining strike rate in white-ball cricket.
'We have to retain some fiscal headroom without compromising on the promised fiscal consolidation roadmap.'
'A dynamic bond fund acts like a gilt fund in a rate cut scenario and like a conservative short-term bond fund when rates rise.'
'The intensity and frequency of heatwaves will be much higher than in previous years over Punjab, Haryana, Rajasthan, Gujarat, Madhya Pradesh and Odisha.'
A sharp correction in stock prices, signs of rural recovery, and lower raw material costs have not been enough to change brokerages' cautious stance on the top-listed paint companies. Concerns over rising competition and weak demand continue to weigh on sentiment.
Dr Reddy's Laboratories (DRL) share price plunged 6.66 per cent to Rs 1,203.50 per share on the NSE during Friday after analysts remained cautious on the company's Q3 performance and differed on its growth outlook. DRL's Q3 performance was viewed as subdued by some analysts when they adjusted it for one-time grants and incomes that the company received during the quarter.
Ricky Ponting's side was ruled to be two overs short of its target during the third Test against India.
India's GDP growth will slow down to 5.5 per cent in FY24 from the 6.9 per cent expected in the current fiscal 2022-23, a Swiss brokerage said on Wednesday. The slowdown was attributed to slowing global growth and tightening of monetary policies in the report by economists at UBS India. It said India will be among the "lesser affected economies" in the world, but made it clear that the world's fifth largest economy is not immune from global headwinds.
'This is also a time when you realise that short-term trading and dabbling in derivatives may result in financial losses.'
The growth in production of eight key infrastructure sectors entered a negative zone after three-and-a-half years, contracting 1.8 per cent in August 2024 due to decline in output of coal, crude oil, natural gas, refinery products, cement and electricity, according to official data released on Monday. The growth rate was 6.1 per cent in July. The growth of core sectors -- coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity -- was 13.4 per cent in August 2023.
Virat Kohli has been fined Rs 12 lakh for maintaining slow over-rate during their Indian Premier League (IPL) against Chennai Super Kings, in Bengaluru, on Wednesday night.
However, copious oil supplies amid growing global output and slowing Chinese oil consumption will put India in a better bargaining position with Gulf suppliers.
The share of slow-moving orders in the overall order book of Larsen & Toubro (L&T) is at a multi-year low. This has led to a renewed focus on fast-moving orders. A mix of factors such as commodity price fluctuations, robust order inflow and strong sectoral demand have put capital goods order book in the fast lane, analysts and company executives said. L&T, with its large presence in the capital goods sector, is often seen as the bellwether for trends in this space.
'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.'
The Indians, who fielded four fast bowlers, failed to complete their overs in time in the first ODI against Pakistan.
'I am optimistic about the Budget because of the fiscal discipline the government has committed to.'
The US involvement in Ukraine and the Middle East is a distraction which has to end quickly so that the main business of China can be focussed on. China is America's only peer competitor, not Russia and not anybody else. Therefore it makes little sense to be diverted from the overall mission, explains Aakar Patel.
India have been fined 20 per cent of their match fees for maintaining a slow over-rate against England in the second T20I in Ahmedabad, the International Cricket Council said on Monday.
If the fiscal deficit target of 4.9% of GDP has to be met for 2024-2025, which the government must in view of the uncertainties and challenges emerging both domestically and globally, the finance ministry may see in the composition of the current year's capex a sliver of hope, notes A K Bhattacharya.
While India are on a high after a measured six-wicket win over a sprightly Bangladesh, Pakistan are evidently tense after the 60-run loss in the tournament-opener to New Zealand.
Foreign investors have pulled out Rs 26,533 crore from the Indian equity market this month so far owing to increasing allocations to China, concerns over muted corporate earnings and elevated valuation of domestic stocks. While the sell-off continues, the quantum of net outflows has significantly reduced compared to October, when Foreign Portfolio Investors (FPI) withdrew Rs 94,017 crore ($11.2 billion) on a net basis.
India skipper Mahendra Singh Dhoni was fined 60 per cent of his match fee while his teammates were docked 30 per cent each for maintaining a slow over-rate during the drawn second Test against the West Indies in Bridgetown.
Bank credit growth is expected to moderate this financial year after a robust 16 per cent estimated for last financial year, driven by strong economic activity and retail credit demand. There are three reasons for this: a statistical high-base effect given the strong growth seen last financial year, revision in risk weights by the Reserve Bank of India (RBI), and relatively slower economic activity.
The week's losses wiped out investor wealth worth Rs 18.43 trillion, with the total market capitalisation of BSE-listed firms now at Rs 441 trillion.
Chris Broad of the Emirates ICC Elite Panel of Match Referees imposed the sanction after India were found to be one over short of the target after time allowances were taken into consideration.
The nationalism of Sky Force is low key -- which is its weakness, as well as its strength -- and it does not manipulate the audience into a pre-decided hate-the-enemy response, observes Deepa Gahlot.
The Indian team has been fined 20 per cent of its match fee for maintaining a slow over-rate in the third T20 International against Australia in Sydney on Tuesday.
Shahid's heft is the only thing that keeps up the momentum in a mediocre rehash, dumbed down by flimsy motive and mindless bravado, sighs Sukanya Verma.
Chennai Super Kings captain Mahendra Singh Dhoni was on Sunday fined after his side maintained a slow over rate during their Pepsi IPL match against Kolkata Knight Riders in Chennai.
Naga Chaitanya and Sai Pallavi's competent performances barely elevate this romantic drama, which prefers patriotic thrills, observes Arjun Menon.
the largest transactions of the year include the merger of Quality Care India and Aster DM Healthcare valued at $5.08 billion, followed by Bharti Enterprises' acquisition of a 24.5 per cent stake in the BT Group at $4.08 billion, and a family settlement transaction in the Godrej family at $3.5 billion.