India's projected economic growth for 2022 has been downgraded by over two per cent to 4.6% by the United Nations, a decrease attributed to the ongoing war in Ukraine, with New Delhi expected to face restraints on energy access and prices, reflexes from trade sanctions, food inflation, tightening policies and financial instability, according to a UN report released on Thursday. The UN Conference on Trade and Development (UNCTAD) report downgraded its global economic growth projection for 2022 to 2.6 per cent from 3.6 per cent due to shocks from the Ukraine war and changes in macroeconomic policies that put developing countries particularly at risk. The report said while Russia will experience a deep recession this year, significant slowdowns in growth are expected in parts of Western Europe and Central, South and South-East Asia.
On the 22nd anniversary of Anil Kumble's 10-wicket haul in a single Test innings, Gautam Gambhir labels the former leg spinner the "greatest match-winner" India ever had.
India's COVID-19 tally had crossed the 20-lakh mark on August 7, 30 lakh on August 23 and 40 lakh on September 5. It went past 50 lakh on September 16, 60 lakh on September 28, 70 lakh on October 11 and crossed 80 lakh on October 29.
Smaller stocks have continued to give higher returns to equity investors so far this fiscal, significantly outperforming bigger peers on indices. The BSE smallcap index has zoomed 7,333.47 points or 35.51 per cent, while midcap index has jumped 5,096.41 points or 25.25 per cent so far this fiscal. In comparison, the 30-share BSE benchmark Sensex has gained 9,797.78 points or 19.78 per cent.
The Delhi high court on Tuesday said that in case there were no guidelines issued by the Centre, it expected the city government to expeditiously consider the issue of early re-testing of international travellers who test positive for COVID-19 on arrival.
The government wants farmer leaders to come for clause by clause discussion at the next meeting on January 19. Except for the demand of repealing the laws, the government is ready to consider "seriously and with an open heart" other alternatives, he said.
Norway's Karsten Warholm broke Kevin Young's 29-year-old 400m hurdles world record when he completed the race in 46.70 seconds in front of his home fans at the Diamond League meeting in Oslo on Thursday.
The women on the 17th annual Forbes Power List hail from 30 countries and were born across four generations.
Sourav Ganguly smashed a century in his debut match as India posted 429 runs in their first innings with a lead of 85 runs over England.
The apex court said the Annual Confidential Report evaluation criteria for grant of permanent commission to women officers ignored the achievement and laurels brought by them to the Indian Army.
Sources stated that the move comes even as Trinamool Congress has attempted to stir a controversy over Dasgupta's candidature. BJP has fielded Swapan Dasgupta from Tarakeswar Assembly constituency in Hoogly district.
INS Vishakapatnam's ground attack and anti-ship capabilities are achieved through a bank of BrahMos cruise missiles that can be fired at targets up to 295 km away.
Urging farmer unions to form an informal group among themselves to prepare concrete proposals to be discussed in the next meeting, Agriculture Minister Narendra Singh Tomar said on Friday detailed discussions took place at the ninth round of talks but could not reach a decisive stage.
The officials said restrictions have been lifted from most areas of the valley, but security forces continued to be deployed to maintain law and order.
Formula One championship leader Max Verstappen lifted himself into a league of his own as he beat title rival Lewis Hamilton to pole position with a blinding lap in qualifying for the French Grand Prix at Circuit Paul Ricard.
Images from the T20 World Cup Super 12s match between Namibia and India, Dubai, on Monday.
Pratishtha Deveshwar learnt to reframe her anguish into an opportunity for action. She felt that God had given her an opportunity to make an impact on the wider world.
The death toll increased to 1,48,738 with 299 new fatalities, the data updated at 8 am showed The number of people who have recuperated from the disease surged to 98,60,280 pushing the national recovery rate to 96.04 per cent, while the COVID-19 case fatality rate stands at 1.45 per cent.
Alireza Firouzja remained in joint lead with Caruana on 5.5 points and these two are now ahead of Wesley So of United States and Jorden Van Foreest of Holland.
This correction has given a good entry for long-term investors. One should buy quality stocks and those with growth potential.
Independent directors
An Indian national from Gurgaon has been sentenced to three years in federal imprisonment on charges of call centre fraud that intended to cheat Americans of millions of dollars, a US attorney said.
Stock market minnows put up a stellar show in 2021 giving returns of up to 60 per cent amid Dalal Street dream run and are likely to continue sailing northwards in the New Year too. Trumping pandemic-induced uncertainties, the Indian equity market posted stunning gains this year achieving several feats and smaller stocks benefited the most from the strong momentum. From reaching the momentous 50,000-mark in January to scaling 61,000-level in October, the BSE Sensex had an epic journey this year.
India produced 179 more super-rich people this year led by Adani Group's Gautam Adani who amassed a whopping wealth of Rs 365,700 crore or more than Rs 1,000 crore daily, and the number of such individuals has crossed the 1,000-mark. Geographically, five more cities are home to super-rich taking the total number of super-rich cities to 119 and these 1,007 individuals cumulatively added 51 per cent more wealth in 2021. The average wealth increased by 25 per cent this year that also saw the livelihoods of thousands of people being hit by the coronavirus pandemic.
Mukesh Ambani's Reliance group has struck acquisition deals worth $4.2 billion with a dozen companies in just two years to expand its retail business. The latest purchase was of a majority stake in Justdial for Rs 3,497 crore. Elaborating on his acquisition strategy a few weeks ago during the AGM, Ambani stated that one of the key planks would be to acquire businesses that enhanced Reliance's offerings and experiences to customers and that they would be both physical and digital.
Tunisia's Ahmed Hafnaoui pulled off a major shock on the opening day of the Tokyo Olympics swimming medal events with a stunning victory
Gota has to decide if he could order elder brother Mahinda's arrest as the agent provocateur of Monday's violence. Then he has to prepare for an interim government, in which no one would now want to become a cabinet minister leave alone prime minister, explains N Sathiya Moorthy.
The hearing remained inconclusive on Monday and Chief Justice Indrajit Mahanty said it will be concluded on Tuesday. The order is also likely to be pronounced on Tuesday.
Paolo Rossi described his performance at the 1982 World Cup, where he etched his name into football folklore, as 'personal redemption'
The next meeting has been scheduled for January 22, a day after the farmer unions hold their internal discussions on Thursday, farmer leaders said after the 10th round of talks ended at Vigyan Bhawan in New Delhi after nearly five hours of talks, including two breaks.
Jehan Daruvala earned his maiden Formula 2 podium after pipping championship leader Mick Schumacher in a gripping battle for the third place at the Bahrain Grand Prix support race
These include the 25 cases which were announced till Thursday. "All the 29 persons are in physical isolation in health facilities," an official said.
The draft amalgamation scheme of Punjab and Maharashtra Co-operative (PMC) Bank with Unity Small Finance Bank (SFB) allowed quick relief to depositors with savings of up to Rs 5 lakh, but a long wait for those who had their nest egg with the scam-tainted bank. If the scheme gets approved, 96 per cent (or 880,000 of 924,000) depositors will get their full money straightaway after PMC is merged with Unity SFB. According to the draft scheme, retail investors may get up to Rs 5 lakh from the Deposit Insurance and Credit Guarantee Corporation (DICGC) instantly, and then some more in phases till they can recall their full deposits after 10 years.
Images from the T20 World Cup semi-final between Pakistan and Australia, in Dubai, on Thursday.
Bengaluru made just one change from their previous encounter as Deshorn Brown came in to replace Erik Paartalu while Mumbai coach Sergio Lobera named an unchanged XI from the 2-0 win over Kerala Blasters.
Here's why she's special to the man who is often called India's most popular author.
'I got a lot of calls even from people that I don't know.' 'They called to tell me not to get dejected.' 'They told me my life would improve.'
Seeking an interim stay on the high court order, Joshi's petition said it was the top court's duty to ensure that all constitutional authorities act within the 'Lakshman rekha' drawn for each one of them.
New Zealand thrashed Australia by 53 runs in the first T20I to take a 1-0 lead in the five-match T20I series.
New Zealand's Kane Williamson grabbed the second spot while Cheteshwar Pujara is third on the list.
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