India have been fined 40% of their match fee for a slow over-rate during their fourth T20 win over New Zealand, the International Cricket Council (ICC) said on Saturday. Match referee Chris Broad imposed the sanctions after Virat Kohli's side were found two overs short of the target after time allowances were taken into consideration during the game in Wellington on Friday.
The Kota district administration in Rajasthan has reported a 50% decline in student suicides this year compared to 2023, attributing the decrease to stricter guidelines for coaching institutes and hostels, mental health initiatives, and outreach programs. Despite the positive development, coaching businesses in Kota have experienced a slowdown due to negative publicity and stricter regulations. The district administration has launched a program called 'Kota Cares' to reaffirm its commitment to student well-being and safety.
India's manufacturing sector growth fell to a joint 11-month low of 56.5 in November, restricted by competitive conditions and inflationary pressures amid a softer increase in factory orders, a monthly survey said on Monday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) fell from 57.5 in October to 56.5 in November, signalling a softer improvement in the health of the sector. However, the pace of growth remained above its long-run average.
The manufacturing sector, which constitutes over 75 per cent of the index, grew barely 0.1 per cent, as against 5.7 per cent in April 2011, according to the official data released on Tuesday.
Zomato emerged as the biggest gainer, followed by Reliance, Nestle, Asian Paints and Power Grid.
Mumbai Indians skipper Hardik Pandya has been fined Rs 30 lakh and suspended from his team's opening match of the next edition of the Indian Premier League for slow over-rate offence for the third time in the competition.
India's manufacturing sector growth moderated in August as output and sales rose at slowest rates since January, while competitive pressures and inflation concerns hampered business confidence, a monthly survey said on Monday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) stood at 57.5 in August, below July's reading of 58.1 but above its long-run average of 54.0, signalling a substantial improvement in operating conditions.
India's opposition parties have sharply criticized the Union Budget, calling it inadequate to address the country's economic woes and accusing the BJP-led government of using it to woo voters in Bihar and Delhi ahead of upcoming elections. Leaders from the Congress, TMC, DMK, SP, and CPI(M) voiced their disapproval, highlighting concerns over inflation, unemployment, and the lack of substantial measures to support the agricultural sector and the poor. They also criticized the tax cuts for the middle class as insufficient and coming too late after years of high taxes and rising prices.
Pakistan captain Misbah-ul-Haq has been banned for one Test and his team fined for their slow over rate during the first match against New Zealand in Christchurch.
Mumbai Indians skipper Hardik Pandya has been fined Rs 12 lakhs for his team maintaining a slow over rate during their thrilling nine-run victory over Punjab Kings in the Indian Premier League.
ICC match referee Alan Hurst of the Emirates Elite Panel imposed the fines after Mahela Jayawardene's side was ruled to be two overs short of its target in the second ODI against India.
Growth in corporate profits needs to be commensurate with wages to boost the economy, Economic Survey 2024-25 said, noting that sharp disparities between the two pose risk to the economy by curbing demand. The document tabled in Parliament on Friday noted that while the labour share of GVA (gross value added) shows a slight uptick, the disproportionate rise in corporate profitsredominantly among large firmsaises concerns about income inequality.
While this will incur a revenue loss amounting to 0.2 per cent of GDP, it will provide a strong boost to consumer sentiment and spending, points out Rajani Sinha.
'The shifts in US involvement in global conflicts and geopolitical alliances could introduce uncertainties.'
The Budget should undertake further reductions in import tariffs and seriously consider an announcement of India's intention to join one or both of the two Asian mega-regional free trade agreements, suggests Shankar Acharya, former chief economic adviser to the Government of India.
The Pakistan captain was found guilty of breaching Clause C1 of the ICC Code of Conduct in Tuesday's match against the West Indies.
Rishabh Pant, Shreyas Iyer, K L Rahul and Arshdeep Singh headline the top bracket of elite players at the IPL mega auction.
We no longer have the ambition to rival China save through words. We are happy to be fighting ourselves and digging up disputes from centuries ago as a substitute for real development, argues Aakar Patel.
West Indies captain Jason Holder's week went from bad to worse on Sunday when he was fined 60 percent of his match fee for a slow over rate during the first Test loss to Australia and could face a ban if the tourists repeat the offence.
Australia and South Africa have been fined for maintaining slow over-rates during their first One-day International at the WACA.
Images from the first One-Day International between India and England at the Barabati Stadium, in Cuttack, on Sunday.
The Kiwis were ruled two overs short of the target when time allowances were considered by match referee Andy Pycroft.
Busy daters will use AI tools to save time and avoid awkward conversations. Two in 10 daters turn to AI for unbiased relationship advice, predicts rediffGURU Ravi Mittal, CEO, Quack Quack, an online dating Web site.
Rishabh Pant will miss Sunday's crucial match against RCB after he was handed a one-match suspension for maintaining a slow over-rate.
Following the lacklustre growth numbers in the second quarter (Q2FY25), economists believe the upcoming Union Budget for 2025-26 should focus on reforms that will stimulate consumption, manufacturing and spur employment. India's growth unexpectedly slowed to 5.4 per cent in the second quarter, due to low capital formation, weak consumption, besides adverse weather impact.
South Africa captain Graeme Smith was docked 20 per cent of his match fee, while his team-mates were fined 10 per cent for maintaining a slow over-rate during their win over New Zealand during their Super Eight match in their Twenty20 World Cup in Barbados.
India Ratings & Research, part of global major Fitch Group, also cautioned that expected investments worth Rs 1,75,000 crore (Rs 1,750 billion) in various power projects could turn into non- performing assets unless fuel issues are resolved.
Chennai Super Kings captain Mahendra Singh Dhoni and Sunrisers Hyderabad skipper Shikhar Dhawan were fined after their respective teams maintained a slow over rate during the Champions League Twenty20 match, in Ranchi on Thursday.
The RBI is fully aware that the high-cost loans and high indebtedness of the borrowers could pose financial stability risks, if not addressed by these NBFCs. Governor Shaktikanta Das has issued a stern warning, saying the RBI is closely monitoring these areas and will not hesitate to take appropriate action, if necessary, if the culprits don't opt for self-correction. Watch out for some action, soon, notes Tamal Bandyopadhyay.
India's manufacturing sector growth fell to an eight-month low in September amid softer increase in factory production, sales and new export orders, a monthly survey said on Tuesday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) fell from 57.5 in August to 56.5 in September, registering the weakest pace of growth since January.
West Indies had salt rubbed into the wound of their exit from the ICC Champions Trophy when they were fined for maintaining a slow over-rate during their rain-hit Group B match against South Africa at Sophia Gardens in Cardiff.
Former Australia captain Ian Chappell has criticized the ICC, calling it an "event management company" and stating that financially stronger boards are dictating a self-serving schedule that harms Test cricket.
Credit card spending in September recorded strong growth of 25 per cent year-on-year (Y-o-Y), marking the highest increase in six months. Even as many banks saw higher slippages during the July-September quarter of 2024-25, spending growth exceeded 20 per cent for the first time since February. According to the latest data released by the Reserve Bank of India (RBI), September spending reached Rs 1.76 trillion, compared to Rs 1.42 trillion in the same period a year ago. In August 2024, credit card spending was Rs 1.68 trillion.
'Within India, people want high-quality, personalised banking services, and the demand for such services has exploded.'
Besides, Bangladesh's star all-rounder Shakib Al Hasan was fined 10 percent of his match fee and received a demerit point for breaching the ICC Code of Conduct.
Corporate bond issuances fell by around 22 per cent in August, despite easing yields as issuers delayed raising funds awaiting the US Federal Reserve to start cutting interest rates from this month. Corporates and financial institutions expect yields to fall further and borrowing costs to become cheaper, said market participants. The US Fed is widely expected to cut interest rates by 25 bps in the 17-18 September meeting, marking the start of a downward interest rate cycle.
Latest GDP growth numbers a one-off development and not the beginning of a trend, says CEA V Anantha Nageswaran.