The rout in Adani Group stocks after US-based short seller Hindenburg Research released a report on January 24 has sparked a rebound in trading activity this month. The average daily trading volume (ADTV) for the cash segment (both NSE and BSE combined) so far in February stands at Rs 59,346 crore, and is around 15 per cent more than the previous month's tally of Rs 51,844 crore, which was the lowest in six months. The ADTV for the futures and options (F&O) segment rose to a record Rs 204 trillion (notional turnover) against Rs 202 trillion in January.
Usman Khawaja hit an unbeaten century to give Australia the upper hand on Day 1 of the fourth and final Test against India in Ahmedabad on Thursday.
The nine-member team is enquiring with the airlines' staff and concerned authorities in Pokhara to understand details of the ATR-72 aircraft crash.
Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable Player of IPL 2023.
The chief minister alleged that the LG "suffered from a feudal mindset and doesn't want that the poor children in Delhi get good education".
A senior official of the Municipal Corporation of Delhi said the MCD had sent the proposal suggesting this date on Thursday.
If this happens, it will be an "unprecedented development" in the civic body's journey as budget is traditionally passed by a House, they said.
India logged 104 new coronavirus infections, while the active cases declined to 2,149, according to the Union health ministry data updated on Sunday.
While weather forecasters remain divided on how the monsoons will play out in India over the next few months, analysts believe the news at the current juncture - at best - can trigger a knee-jerk reaction in the markets. They believe it is too early to say whether the sub-par monsoon on account of El Nino can seriously dent the market sentiment in the short-to-medium term. "These are just initial forecasts and we will have another round / status update from the weather forecasters a month down the line.
From the Sensex pack, Bharti Airtel, State Bank of India, HDFC Bank, UltraTech Cement, Bajaj Finance, HDFC, NTPC, ITC, Reliance Industries, Tech Mahindra, ICICI Bank and Tata Consultancy Services were the major laggards. Tata Motors, Power Grid, Tata Steel, Hindustan Unilever, IndusInd Bank and Mahindra & Mahindra were among the winners from the 30-share pack.
Lingayats are said to constitute about 17 per cent of Karnataka's population, and the community has dominance in as many as 100 out of total 224 constituencies, majority of these seats being in north Karnataka region.
The first municipal House after the high-stakes civic polls on December 4 is scheduled to take place on Friday during which all newly elected councillors will take oath and the mayor and the deputy mayor will be elected.
The election to the posts of mayor, deputy mayor and six members of the standing committee will be held on February 22 after Delhi Lieutenant Governor V K Saxena gave his nod to convene the municipal House last week.
Market benchmarks Sensex and Nifty tumbled 1 per cent on Wednesday amid continuous foreign fund outflows and a weak trend in index majors Reliance Industries and HDFC Bank. The 30-share BSE Sensex slumped 636.75 points or 1.04 per cent to settle at 60,657.45. During the day, it declined 700.64 points or 1.14 per cent to 60,593.56.
Foreign investors pumped in Rs 11,119 crore in the Indian equities in December, making it the second consecutive monthly inflow, despite increasing concerns over the re-emergence of Covid-19 cases in some parts of the world. However, foreign portfolio investors (FPIs) have turned cautious in recent days. The inflow in December was much lower compared to Rs 36,239 crore invested by FPIs in the month of November, data with the depositories showed.
According to the Delhi Municipal Corporation Act, 1957, the mayor and the deputy mayor are to be elected in the very first session of the House after the civic polls.
The BJP and Congress have already launched spirited campaigns for the elections.
The Congress on Saturday made a stunning comeback in Karnataka ousting the Bharatiya Janata Party from its lone southern citadel with a comfortable majority in a morale booster win that will be key for reviving its electoral fortunes ahead of the 2024 Lok Sabha polls.
'If they harp on it again, they will begin to lose votes.' 'They have not lost this time, but they will lose next time.' 'Your committed votes will never be enough to guarantee victory for you.'
Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable Player Index of IPL 2023 after the league stage.
The first two sessions -- held on January 6 and January 24 -- were adjourned by the presiding officer without electing a mayor as the sessions were marred by ruckus and acrimonious exchanges among the members of the Bharatiya Janata Party and the Aam Aadmi Party.
Singapore Airlines' deal with Tata Sons (Tata) will inject a further SGD 360 million ($267 million) into Air India. It will give SIA a 25.1 per cent stake in the enlarged Air India group following its takeover by Tata and merger with Vistara Airlines. The November 2022 deal between Singapore Airlines and Tata Sons to further inject $267 million into Air India is one of the key strategic initiatives for future growth mentioned in the quarterly financial report. This agreement is still subject to regulatory approval. SIA in the statement said, "The merged entity will be four to five times larger in scale compared to Vistara, with a strong presence in all key airline segments in India.
The government has slashed the windfall profit tax levied on domestically-produced crude oil as well as on export of diesel and ATF following a drop in global oil prices, according to an official order. The levy on crude oil produced by companies such as Oil and Natural Gas Corporation (ONGC) has been cut steeply to Rs 1,700 per tonne from Rs 4,900, the order dated December 15 said. Crude oil pumped out of the ground is refined and converted into fuel like petrol, diesel and aviation turbine fuel (ATF).
There are lessons for the Congress to learn from the Karnataka elections of how burying the hatchet among top leaders and not washing dirty linen in public can help, says Ramesh Menon.
FIFA conceded earlier this year they were concerned about the possibility of contrived results where two teams could engineer a positive result for both, which would eliminate the third group team not playing.
'We will win all the 28 Lok Sabha seats in 2024.'
The BJP councillors retaliated by raising slogans against AAP chief Arvind Kejriwal as AAP members returned fire by sloganeering against Prime Minister Narendra Modi.
'They sent a message that I will not be given the ticket and ordered me to issue a statement -- Gujarat style -- that with immediate effect I was retiring from politics.' 'They were treating me like a political novice who would be pushed around on the order of vested interests.' 'This rude behaviour hurt a lot. It was then I spontaneously decided that I will challenge this dictatorial order and expose all those who want to hurt Lingayat pride in Karnataka.'
The top court, which was hearing a matter relating to an alleged delay by the Centre in clearing the names recommended by the collegium for appointment as judges to constitutional courts, has posted the matter for further hearing on February 3.
Srinivas Bhogle and Purnendu Maji present Rediff.com's Most Valuable Player Index of IPL 2023 after Game 61.
Aam Aadmi Party's Shelly Oberoi defeated the Bharatiya Janata Party's Rekha Gupta by a margin of 34 votes to become the mayor of Delhi, MCD officials announced on Wednesday.
The 12 zones are Civil Lines, Rohini, Najafgarh, Narela, Keshavpuram, West Zone, Sadar, Karol Bagh, Shahdara North, Central, South and Shahdara South, an official statement issued on Saturday said.
The Aam Aadmi Party ended the BJP's 15-year-rule in the Municipal of Delhi poll in results announced on Wednesday.
Images from Day 2 of the third Test between Australia and South Africa at the Sydney Cricket Ground on Thursday
Several BJP leaders had earlier hinted that the party might go for the mayor's post despite losing the civic polls.
Australia reduced West Indies to 102-4 to tighten their grip on the day-night second Test at the Adelaide
Opening partner Usman Khawaja (62) completed 1000 runs for the calendar year and was looking in great touch before West Indies struck back with two quick wickets after the lunch break.
An organisational overhaul in Delhi Bharatiya Janata Party is afoot in the light of the party's defeat in the MCD election, the party leaders said on Thursday.
"The opposition parties should draw proper lessons from these results and draw up plans to put up an effective united opposition to the BJP state-wise by marshalling all the forces," the CPI-M said in a statement.
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