Benchmark indices continued their downtrend on Monday, with the Sensex falling 84.88 points, tracking selling in index majors Infosys and Reliance Industries along with weak global equities. The 30-share BSE benchmark went lower by 84.88 points or 0.15 per cent to settle at 56,975.99 after recovering some lost ground during the fag-end of trade. During the day, it tanked 648.25 points or 1.13 per cent to 56,412.62. The NSE Nifty declined 33.45 points or 0.20 per cent to close at 17,069.10.
The production growth of eight infrastructure sectors slowed down to 4.3 per cent in March due to a decline in the output of coal and crude oil, though for the full 2021-22 fiscal, the core sector recorded a 10.4 per cent expansion, according to official data released on Friday. The eight infrastructure sectors - coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity - had expanded by 6 per cent in February. During April-March 2021-22, the eight sectors grew by 10.4 per cent compared to a contraction of 6.4 per cent in 2020-21. The output of coal and crude oil contracted by 0.1 per cent and 3.4 per cent in March.
IT company Wipro on Friday posted a 4 per cent rise in consolidated profit at Rs 3,092.5 crore in the fourth quarter ended March 2022. The company had registered a profit of Rs 2,974.1 crore in the same period a year ago. "We have had an outstanding year, finishing with USD 10.4 billion in revenues, and an industry-leading growth of 27 per cent Year-on-Year (Y-o-Y).
According to BJP insiders, every Union minister has been given 3-4 seats to mentor and has been told to work hard on these constituencies in the next 20 months to ensure the party's victory.
Recently, Enforcement Directorate (ED) attached assets worth Rs 757.8 crore of Amway India Enterprises in connection with an alleged marketing scam. It claimed that Amway was running a multi-level marketing scam. The ED provisionally attached immovable and movable properties worth Rs 411.83 crore and bank balances of Rs 345.94 crore from 36 different accounts belonging to Amway. Data from the Department of Economic Affairs shows that in 2021-22 (until December 2021), ED had provisionally attached Rs 8,989.3 crore worth of assets.
IMAGES from the 2nd T20I between Ireland and India in Malahide, Ireland, on Tuesday.
Adani Wilmar (AWL) joined the elite group of companies with market capitalisation (m-cap) of Rs 1 trillion after the stock of Gautam Adani-led edible oil company hit a new high of Rs 802.80, up 5 per cent on the BSE in Tuesday's trade.
Petrol and diesel prices were on Tuesday hiked by 80 paise a litre each, taking the total increase in rates in the last two weeks to Rs 9.20 per litre. Petrol in Delhi will now cost Rs 104.61 per litre as against Rs 103.81 previously, while diesel rates have gone up from Rs 95.07 per litre to Rs 95.87, according to a price notification of state fuel retailers.
IMAGES from Day 2 of the rescheduled 5th Test between England and India at Edgbaston in Birmingham on Saturday.
Billionaire Mukesh Ambani's Reliance Industries Ltd climbed two spots to No. 53 on Forbes' latest Global 2000 list of public companies worldwide. Forbes Global 2000 ranks the largest companies in the world using four metrics: sales, profits, assets and market value, Forbes said releasing the 2022 ranking of the world's top 2,000 companies. Reliance is the top-ranked Indian firm on the list, followed by State Bank of India at No. 105, HDFC Bank at No. 153 and ICICI Bank at No. 204.
The mammoth mismatch has given credence to claims of massive under-reporting of COVID-19 fatalities in the city.
This was the maximum number of cases recorded in Delhi since February 10 when 1,104 infections were reported.
Equity indices failed to hold on to their gains in see-saw trade on Tuesday, ending in the red for the third straight session despite a tentative recovery in global equities. The rupee too bounced back from historic lows, but the overall sentiment remained risk-averse amid concerns over economic recovery in a high interest rate scenario. The 30-share BSE Sensex had a choppy start but gained momentum in mid-session trade. However, it succumbed to selling pressure towards the fag end to close 105.82 points or 0.19 per cent lower at 54,364.85. On similar lines, the broader NSE Nifty declined 61.80 points or 0.38 per cent to finish at 16,240.05.
A bench of Justices Ajay Rastogi and CT Ravikumar issued notice to the Uttar Pradesh government and others on the appeal filed against the Allahabad high court order.
Passenger vehicle exports from India increased 43 per cent in FY22, with Maruti Suzuki India leading the segment with dispatches of over 2.3 lakh units, as per the latest data by industry body SIAM. The total passenger vehicle (PV) exports stood at 5,77,875 units in 2021-22 fiscal, as compared to 4,04,397 units in 2020-21. Passenger car shipments saw 42 per cent growth at 3,74,986 units, while utility vehicle exports rose 46 per cent at 2,01,036 units during the last fiscal, the data by the Society of Indian Automobile Manufacturers (SIAM) showed.
The batting was a big letdown for the Indians with Virat Kohli, Hanuma Vihari, Shubman Gill and Shreyas Iyer failing in both innings, while Shardul Thakur's selection over Ravichandran Ashwin turned out to be a big mistake.
India is likely to witness normal rainfall during the southwest monsoon season this year, the India Meteorological Department said on Thursday. Rainfall will be 96 per cent to 104 per cent of the Long Period Average (LPA) of 87 cm of the 1971-2020 period, it noted. Earlier, the IMD used to consider the LPA of 88cm of the 1961-2010 period.
The country's exports in March 2022 rose 19.76 per cent to $42.22 billion on account of healthy performance by sectors such as petroleum products, engineering, and leather, even as trade deficit during the month widened to $18.51 billion. In March 2021, exports stood at $35.26 billion, according to a commerce ministry data released on Wednesday. Last month, imports grew 24.21 per cent to $60.74 billion, it showed. Trade deficit stood at $13.64 billion in March 2021.
Earlier this month, the Central government said in a reply in Parliament it had taken measures to double farmers' income by the end of FY23 and the progress made so far indicated it was "on the right track". However, a close look at the data and at the assumptions made shows that as of now, it appears the country is unlikely to achieve the goal in real terms.
Johnson said that he has travelled to Ukraine to meet President Zelenskyy in person and show solidarity with the Ukrainian people.
With discussions on the UCC taking centrestage, he said the BJP government in the state will move towards implementing one law for all, "only after talking to all the parties".
Equity markets began the new financial year with smart gains on Friday, with the Sensex rallying over 708 points to recapture the crucial 59,000-mark following gains in index majors HDFC twins and Reliance Industries, along with foreign fund inflows. On the first day of trading in the new financial year, the BSE barometer rallied 708.18 points or 1.21 per cent to settle at 59,276.69. During the day, it jumped 828.11 points or 1.41 per cent to 59,396.62. The broader NSE Nifty advanced 205.70 points or 1.18 per cent to settle at 17,670.45.
Centuries from skipper Babar Azam (114) and opener Imam-ul-Haq (106) allowed the hosts to reach the total
Hit by Covid waves and slowdown, the Indian Railways has still not been able to return to its pre-pandemic passenger traffic, data by ministry of Railways has revealed. In February, the national transporter received 413 million ticket bookings - 43 per cent higher than the previous year, but only 61 per cent of the 675 million in February 2020. According to the statistics, that was the last time the Railways saw more than 500 million bookings in a single month.
The 34-year-old took the prized wickets of Imam-ul-Haq, Azhar Ali and Babar Azam to end Pakistan's resistance and finished with figures of 5-83 in Pakistan's second innings.
Consolidating its position, the Bharatiya Janata Party wrested high-profile Rampur and Azamgarh Lok Sabha seats in Uttar Pradesh from the Samajwadi Party and won three assembly seats, including that of Chief Minister Manik Saha, in Tripura in by-election results announced on Sunday.
Imam-ul-Haq and Abdullah Shafique made a solid start to set up a thrilling final day in the deciding third Test
Narendra Modi's real legacy will be if he can redesign the IAS and the concept of an all-India service, argues T C A Srinivasa Raghavan.
Pakistan skipper Babar Azam, who was at his glorious best against Australia during the second Test of the series in Karachi, gained three spots to move up to No.5 in the rankings chart.
For India to do well in the T20 World Cup, it won't be a bad idea to ask KL Rahul to bat in the middle order instead of opening with skipper Rohit Sharma, considering that the top batters, including Virat Kohli, are struggling in the Powerplay overs.
'Batting into day three gave us that chance to really have a crack at them on day three -- it probably went better than we expected.'
'We tried to be positive and play our shots. The team needed this knock, so I tried to bat for as long as I could.'
A burgeoning third wicket stand between Babar Azam and Abdullah Shafique had kept Pakistan in the contest and the duo continued to frustrate Australia when play resumed.
Paytm founder and chief executive officer (CEO) Vijay Shekhar Sharma will receive his stock grants only after the company's market capitalisation (m-cap) stabilises at its initial public offering (IPO) level, the financial technology (fintech) major said on Wednesday. Paytm's stock price has been in free fall since its IPO at Rs 2,150 apiece, with m-cap at around Rs 1.4 trillion - plunging 76 per cent to a lifetime low of Rs 520 on March 23, when m-cap dropped below Rs 34,000 crore. Since then, the company's share price on the BSE has recovered some value and closed at Rs 637 on Wednesday.
With the total number of municipal wards set to be revised following the passage of the Delhi Municipal Corporation (Amendment) Bill-2022 in Rajya Sabha on Tuesday, experts have said that the civic polls in New Delhi is unlikely to take place before a year from now as a fresh delimitation exercise will be required.
Mumbai's Yashasvi Jaiswal and Armaan Jaffer to put Uttar Pradesh on the back-foot by taking their overall lead past the 600-mark
Opener Alyssa Healy bludgeoned England's bowlers in a furious 170 as Australia set a mammoth victory target of 357 in the Women's World Cup final in Christchurch on Sunday.
India saw a single day rise of 4,184 coronavirus infections taking the total tally of COVID-19 cases to 4,29,80,067, while the active cases dipped to 44,488, according to the Union Health Ministry data updated on Thursday.
India's total tally of COVID-19 cases surged to 1,10,30,176 with 13,742 new infections, while the recoveries have surged to 1,07,26,702, according to the Union health ministry data updated on Wednesday.
India's effective reproduction number (R) for Covid, an indicator of how quickly the infection is spreading, has increased to over 1 for the first time since January, estimates a researcher from Chennai's Institute of Mathematical Sciences.
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