After four years of high double-digit growth in profits, corporate earnings of Indian companies hit a speed bump in the April-June quarter of 2024 (Q1FY25), leading to the risk of a downward revision in India Inc profit estimates for FY25 and volatility in the equity market. Earnings growth slowed despite companies in most non-financial sectors reporting higher operating margins from lower commodity prices and a decline in interest costs.
Nikhat Zareen bowed out of the Olympics after a heartbreaking 0-5 loss to China's Wu Yu on Thursday.
'Indian football needs to work together and move in the same direction.' 'Only then will the competition in India improve, and the Indian national team will improve.'
The Budget proposals are expected to boost the fortunes of consumer goods and fast-moving consumer goods companies, which have been struggling with poor consumer demand for more than a year. The Budget announcements, such as the increase in standard deduction by Rs 25,000 for income-tax payers and slab revisions, will put more money in their hands, boosting consumer demand. Private consumption is also likely to benefit from a new scheme to offer internships to 10 million youths in the country's top 500 companies.
Questions that the state had come to recognise over time but consistently delayed treating seriously because doing so requires an overhaul of perspective and lifestyle, notes Shyam G Menon.
He was reviled by critics in his party as a neo-liberal in disguise but till the end, he retained his belief in secularism and the humanity of Communism.
At least 16 people lost their lives in various rain-related incidents in Telangana while the unprecedented rainfall and floods in Andhra Pradesh over the past three days affected about 4.5 lakh people leading to the evacuation of more than 30,000 to relief camps.
Reigning world champions Argentina continue to top the chart followed by 2022 World Cup runners-up France, England, Belgium and Brazil.
'Jitendra Pratap Singh (his character in Vedaa) believes in the divisive politics of society and that is more dangerous than the regular goons.'
Following the exit poll prediction of a resounding BJP victory, BSE benchmark Sensex shot up on Monday by 2,507 points or 3.4 percent to settle at a new closing peak of 76,469. However, a day later on Tuesday, the equity markets witnessed a bloodbath, with the Sensex tanking 4,390 points or 6 percent to settle at 72,079. This was the worst single-day fall in four years.
As rescue operations in the landslide-hit areas of this north Kerala district entered fifth day, rescuers unearthed more bodies and body parts, taking the death toll to 215, with around 206 people still reported missing.
At least 28 people died in rain-related incidents Sunday as heavy downpours lashed north and northwest India, causing landslides, traffic chaos and house collapses, as well as a dam breach which inundated several villages in Haryana.
Land, houses and other infrastructure facilities required for the rehabilitation procedure would be constructed at the earliest, the authorities said.
Sunak, 44, was facing the impossible challenge of overcoming voter anger against the incumbent Tories after 14 years in power. The 61-year-old Keir Starmer-led Labour Party, meanwhile, maintained a strong lead over the Tories throughout the six-week campaign.
Union Home Minister Amit Shah on Wednesday said the Centre had sent multiple advance warnings to the Kerala government about possible floods and landslides in the state, starting as early as July 23, and nine National Disaster Response Force (NDRF) teams were rushed to the state the same day.
India Inc has reported a muted start to the financial year 2024-25, with a decline in net earnings and a modest single-digit uptick in revenues. An analysis of 488 companies that have released their results for the June 2024 quarter reveals a 1.6 per cent year-on-year (Y-o-Y) drop in combined net profit -- the weakest performance in the past seven quarters. In stark contrast, the combined net profit of these companies experienced a 13.6 per cent Y-o-Y increase in the previous quarter (Q4FY24) and a 65.2 per cent Y-o-Y rise in Q1FY24.
'The consensus was that the debate was between looking backward and looking forward.' 'Trump, with his great enamourment of his own 'achievements,' was obviously looking backward, while Harris, nearly 20 years his junior, was focussing on the future, with hope,' notes Shreekant Sambrani.
'I have to accept it. I can't be in denial.'
This is the guy who might be one feeble, McDonald's-fueled heartbeat from the presidency, notes Sree Sreenivasan.
Trump, 78, launched a scathing attack on his Democratic rival, as he took the stage for the first time to address an election rally after Harris became the presumptive nominee.
People turn a corner and overhear secrets, men change stripes so as to acquire shades of villainy most convenient to advancing the plot, secondary characters confess to past sins just so that the leading women are absolved of all responsibility, notes Sreehari Nair.
Gates, 66, on Tuesday, said that "I know it's frustrating to go into another holiday season with COVID looming over us. But it won't be like this forever. Someday the pandemic will end, and the better we look after each other, the sooner that time will come."
Ed Sheeran was the highlight of Bollywood's weekend as Farah Khan invited the British singer over for a fun party with her friends.
Debutant Ankita Bhakat left behind seasoned campaigners like Deepika Kumar to emerge as the best-placed Indian archer at 11th in the women's individual recurve qualification.
Here is the timeline of major Naxal attacks in Chhattisgarh.
The coaching-tuition-profiteering model built on the back of a broken education system is a scandal and an abomination, and must go, asserts Shekhar Gupta.
Overall market reaction to the Budget was neutral. Investors absorbed the changes to the tax rates (positive for salaried class) and capital gains taxes (CGTs, negative due to the removal of indexation and increases. Other proposals largely pertain to supporting rural development, buybacks taxed as dividends, Custom duty changes that impact multiple sectors, higher outlays for clean energy, etc. There's some moderation in the growth of capex outlay across defence, fer
French organisers turned Paris into an open-air Olympic playground where everyone was invited, with or without a ticket.
'Those satisfied with returns and not expecting further rally could be booking profits and also stopping SIPs.'
A year marked by more lows than highs for Hindi cinema, here's a recap of the best and worst in 2021.
Gambhir was left visibly moved as Dravid reflected on his successful tenure and offered words of wisdom for the new role.
'She's been a terrific advocate for women's rights in recent months and her prosecutor's background will really help her challenge Trump in a forceful way that Biden could not,' notes Sree Sreenivasan.
Each bottle of pickle that leaves FarmDidi, headed to a consumer, has a little kahani behind it -- it's linked to the tale of a life, the life of a simple, striving village woman who created it, and that's what gives Manjari Sharma satisfaction and happiness.
So far this year, around 839,545 electric vehicles have been sold, accounting for approximately 6.69% of the total 12,541,684 vehicles sold.
Melania reflected on what the incident means for her and her family while calling for the country to "ascend above the hate".
The construction of a Bailey bridge to connect the landslide-hit areas, where several people are believed to be stranded, alongside the deployment of sniffer dogs and over 1,000 rescuers from Central and state emergency response teams conducting massive search operations, constitutes one of the largest rescue efforts in the Wayanad, devastated by a deadly calamity.
India will take on the winners of France and the Netherlands in women's team quarter-finals on Sunday; Men's team most fancied
Images from the US Open men's singles second round matches, at Flushing Meadows, New York, on Thursday.
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