'We found certain banks having lakhs of such accounts with apparently no valid reason.'
The Tibetan government-in-exile and China are continuing to hold back-channel talks and the last round took place this month, just days before US President Joe Biden signed a legislation that seeks to press Beijing for a negotiated settlement to Tibet's demands for greater autonomy.
The stock of Voltas, the country's largest room air- conditioner (RAC) maker, is up 22 per cent in the past three months. Robust demand on the back of a sweltering summer, distribution expansion, slew of launches and backward integration are expected to forge a good operating performance for the company. In the core RAC segment, there are multiple triggers for the company.
'We expect market consolidation and recommend buying during market dips.'
Bhavish Aggarwal, founder and chief executive officer of Ola, is encouraging developers to switch from Google Maps to Ola Maps. Ola is offering developers a year of free access to Ola Maps on the company's Krutrim Cloud and over Rs 100 crore in free credits. This initiative comes after Ola replaced Google Maps with its own Ola Maps, leading to annual savings of around Rs 100 crore.
The generation of quality jobs and skill development should be the focal point, cutting across ministries and departments, asserts Nivedita Mookerji.
A senior railway official noted that waterlogging at the new location between Bhandup and Nahur led to the suspension of local services on the Main Line from 5:15 am.
MMFs invest in fixed-income instruments maturing in less than one year, minimising interest-rate risk.
Who do you think should be part of the Indian team for the T20 World Cup match against USA?
'The real repo rate is very high in terms of core inflation.'
The 44-year-old politician, who was among the final three contestants in the Labour Party's leadership contest against her boss in January 2020, has been serving in his shadow cabinet ever since.
Independence Day was celebrated across states and Union territories on Thursday, as several chief ministers announced job schemes while some others vowed their support for Prime Minister Narendra Modi's vision of a Viksit Bharat by 2047.
Through Manorathangal, M T Vasudevan Nair makes himself available to a whole new generation of uninitiated viewers, who can familiarise themselves with his rich body of work and hope to learn a thing or two about life in all its messy grandeur and flawed imperfections, notes Arjun Menon.
US envoy Eric Garcetti on Thursday said he respects that India likes its "strategic autonomy", but in times of conflict, there is no such thing as strategic autonomy, even as he pitched for forging a stronger partnership between New Delhi and Washington.
'We are sure FY25 is going to be better...But to call out that all problems are behind us is a bit early.' 'The underlying business sentiment has not changed significantly.'
The US needs to understand that it could potentially lose out on attracting several Netravalkars in the future if it curbs the influx of such industrious Indian immigrants, argues Vishal Menon.
The locals believe the homes began to develop cracks after some portions of the land began to sink.
'Expectations are high regarding the change in LTCG with respect to equity investments.'
'The competition is very high in India and the pressure situations we face during trials will definitely help in Olympics. I just wanted to be my best in trials, the fire to perform in trials and the experience of last 15 years really paid off. These things will surely help me in Paris, the experience of playing in the Olympics is there with me.'
Electoral setbacks and thwarted ambition can have an unpredictable effect on leaders,, observes Aditi Phadnis.
The stock of commercial vehicle (CV) company Ashok Leyland is up 46 per cent in the past three months, gaining despite worries about a slowdown in sales volume. Brokerages have a mixed view on the country's second-largest medium and heavy commercial vehicle manufacturer. The company reported steady March quarter results and its valuation, focus on growth and medium-term prospects are positive, but some brokerages are cautious, given near-term demand concerns and the risk of competition increasing in the industry.
Malayalee From India is trapped within its self-serving corniness and refuses to break free in the process, observes Arjun Menon.
Voting for the bypolls in Punjab, Himachal Pradesh, Uttarakhand, West Bengal, Madhya Pradesh, Bihar and Tamil Nadu were held on Wednesday.
'India's fundamentals are a lot better (than those of other emerging market economies).' 'India will suffer (witness a fall in its stock market) what I call the second order effect.' 'And the second order will happen when these funds (belonging to macro and hedge fund investors and which have leveraged Japanese yen-carry trades), because they lose money elsewhere as lot of their positions were financed by borrowing Japanese yen, will have to book profits in investment destinations where they are making money, including in markets like India.' 'They (these investors) will have to effectively sell in countries like India and which is the consequence (the crash in equity markets) that Indian markets might see.'
'An equity-based index fund should be held for more than five years to average out market volatility and achieve financial goals.'
It's obvious to all that the Congress is overestimating its success and the BJP is underestimating the people's message delivered through the ballot box, notes Sheela Bhatt.
'Barring a temporary blip where stocks fell on verdict day, we are back to all-time highs.'
India's approach with the bat now is drastically different to what it was in the 2022 T20 World Cup semi-final and both teams will start Thursday's contest on an even keel, said England head coach Matthew Mott on Wednesday.
This appears to be a common refrain in Uttar Pradesh's Lakhimpur Kheri Lok Sabha constituency where farmers want better prices for their produce and respite from the stray cattle menace and others want political leaders to talk about job creation instead of issues like the Ram temple and Article 370.
Cases of front-running mostly happen when large asset managers and intermediaries are involved in bulk trades as their transaction size is generally big enough to impact the stock price.
The pitch in Guyana has favoured the bowlers in the past by slowing down as the game goes on.
'Forget your loss or profit in your portfolio.' 'Look at how much cash you have in hand.' 'If you don't have cash in hand, liquidate at least partially; get into about 20 per cent in cash.'
The Federation of Automobile Dealers Associations (Fada) has raised concerns over the rising inventory levels of four-wheelers at dealerships which have now reached a 60-day stockpile or around 550,000 units. This situation could mean a significant financial burden on dealerships due to the additional interest cost for the extended holding period. These 60-day inventory levels are nearing the 2018-19 levels when inventory days had approached 70 days, leading to the closure of around 282 passenger vehicle dealerships.
'The nominal GDP growth assumption for FY25 may be revised upwards on higher growth expectations.'
Naveen delivered the coup de grace in the penultimate over by bowling Taskin Ahmed and trapping Mustafizur Rahman in front off consecutive balls, triggering tearful celebrations from his team mates.
'My mom used to tell me that I should accept films where they would not make fun of me or my religion.' 'It's a conscious decision to stay away from such films.'
Images from the Euro 2024 Group B match between Albania and Spain, at Dusseldorf Arena, Dusseldorf, Germany, on Monday.
Images from the Euro 2024 Group B match between Italy and Croatia at Leipzig Stadium, Leipzig, Germany, on Monday
Modi's high praise of Russia as an ally and Putin's leadership came amid ongoing efforts by the Western world to isolate the Russian leader over the war in Ukraine.
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