Honda Cars India (HCIL) net profit dropped by 52.8 per cent year-on-year (Y-o-Y) to Rs 661.4 crore in 2023-24 (FY24), primarily due to deferred tax of Rs 359.8 crore, according to the annual results submitted to the Registrar of Companies (RoC) and reviewed by Business Standard. In FY24, the company's production increased by 16 per cent Y-o-Y to 134,807 units.
'Trump's disregard for norms and institutions could prove very costly for America's social fabric.'
India's 59kg woman grappler Anjli clinched a silver medal, while free-style exponent Chirag assured the country of at least a second-place finish when he reached the 55kg final in the in the U23 World Championships in Tirana, Albania.
India and China have made "some progress" in disengagement, External Affairs Minister S Jaishankar said on Sunday, describing it as a "welcome" move which opens up the possibility that other steps could happen.
India colts displayed remarkable composure to finish their round-robin stage with a thrilling 3-3 draw against New Zealand at the Sultan of Johor Cup in Johor Bahru, Malaysia on Friday.
Chirag Chikkara created history as he became only the third Indian to be crowned Under-23 World champion.
There is a definite attempt to put the landslides on the backburner because news of them and climate change worry Wayanad's tourism and real estate businesses greatly. Whatever I experienced of Wayanad's 2024 by-elections; the July landslides were not a burning issue, observes Shyam G Menon.
Equity investors will track the trading activity of foreign investors, global trends and ongoing earnings results for further cues, and benchmark indices may continue to witness consolidation in a holiday-shortened week amid the monthly derivatives expiry, analysts said. Markets fell sharply last week amid massive foreign capital outflows and dismal Q2 earnings so far. Weakness in the markets might continue in the near term amid cautiousness among investors ahead of the US presidential election early next month, an expert said.
'While criticising India's high tariffs, Mr Trump stated he would impose reciprocal taxes on Indian products if re-elected.' 'However, since India's tariffs follow WTO rules, Mr Trump's actions would violate these rules,' Ajay Srivastava points out.
'We used to get 400-500 applications for Canada on a yearly basis until last year, but this has gone down to just 70 this year.'
The rally in Indian mid-and smallcap indices thus far in calendar year 2024 (CY24) has been the best in class across the world, eclipsing the global FTSE benchmarks, and also out running peers from other leading world stock markets. This is despite the correction in the mid-and smallcap segments back home seen in the last few days, triggered by valuation concerns, geopolitical developments amid nervousness ahead of the July - September 2024 (Q2-FY25) corporate results season.
Sivakasi is fighting for survival, thanks to the ban on firecrackers in Delhi, regulations in several other cities, pandemic-imposed sales dips, the ban on the use of barium nitrate...
Housing prices in India have fallen by over a tenth in real terms. Yet, prices are unaffordable for most Indians. Middle-income Indians are seen to be able to afford houses if the price-to-income ratio is five. It is 11 in India.
India dominated from the start as they thrashed Japan 5-1 to continue their fine start at the Hero Asian Hockey Champions Trophy.
Mohd Konain Dad (7th minute) opened India's account before Dilraj (17th, 50th), Sharda Nand (20th, 50th) struck.
'I was completely in awe of him. After the shot was okayed, I would quickly run back to my chair and sit quietly till I was called again.'
'Given China's past behaviour and their territorial claims, should we be sceptical regarding China's willingness to adhere to these agreements fully? The answer is yes.' 'As Ronald Reagan famously said in the context of the SALT talks, 'Trust, but verify!' India should also do the same.' 'This has already begun with foot patrolling, drones, satellite imagery and so on. India's military deployment did mirror China's and will continue to do so in the future.'
A sojourn in Seoul, one of Asia's largest metropolises, where the ultra-modern coexists with the ancient -- temples and palaces with futuristic skyscrapers climbing to the stratosphere, K-pop with Buddhism, a village within city limits.
Reports (not denied by India) that the USA had 'for the first time provided real-time details to their Indian counterparts on the Chinese positions and force strength in advance of a PLA incursion' into Tawang at the LAC in December 2022, helping India thwart China's expansionist designs, show how operationally effective the USA-India friendship has become on the ground. A engaging excerpt from Sreeram Chaulia's must-read new book, Friends: India's Closest Strategic Partners.
The recent stimulus measures announced by China have seen most analysts sit up and take notice.
India's journey with 5G still has a long way to go. The country ranked 33 out of 39 in the 5G Connectivity Index for the second quarter of 2024, released by GSMA Intelligence. However, in areas like 5G revenue growth, data affordability, and video quality, India ranks among the best in the world.
'China did not expect India to show such strategic resolve in defending its territorial integrity.'
Calling Canada's behaviour 'the pits', India's recalled high commissioner Sanjay Verma says India was backstabbed and treated in a most unprofessional manner by a country that is supposed to be a friendly democracy.
India wrapped up their campaign at the Asian Table Tennis Championships with three medals, including a historic bronze in the women's doubles, after Ayhika Mukherjee and Sutirtha Mukherjee's dream run ended in the semifinals in Astana, Kazakhstan on Sunday.
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
Ayhika Mukherjee and Sutirtha Mukherjee confirmed India's first ever medal in women's at the Asian Table Tennis Championships.
This is how the residents of Jamnagar danced the Garba.
India's stock markets are experiencing a shift in investor sentiment, with a 30 per cent surge in Chinese stocks, prompting investors to move money from domestic markets to China. This reversal of fortunes is a notable change from the past three years, where China's losses benefited India.
'Tensions and dialogue are likely to go hand-in-hand with China.' 'The goal should be to cultivate power so that one can negotiate from a position of strength.'
Infosys Ltd on Thursday reported a 4.7 per cent rise in the September quarter net profit and raised revenue guidance after broadbased growth. Net profit of Rs 6,506 crore in July-September was up 4.7 per cent when compared to Rs 6,212 crore earnings in the same period last year. It was 2.2 per cent higher quarter-on-year, according to a company statement.
The group has campaigned over the years for the abolition of nuclear weapons.
The Tata Group is one of the very few Indian MNCs which has carved out a niche in China's highly competitive market, notes Rup Narayan Das.
'Whenever people say to me that all my work looks unique, I say to them originality is the art of concealing your source.' 'You can't see the sources that I take from because usually, they are Indian.' 'But then Indians don't find my work Indian.'
The Indian men's table tennis team assured itself of its third consecutive bronze medal at Asian Championships.
Amir Ali has been named captain, with Rohit as his deputy, in the 18-member junior hockey squad for the Sultan of Johor Cup that will mark the first assignment for head coach PR Sreejesh in Malaysia from October 19.
The narrative on China is changing post the recent stimulus measures, and it will be hard for global investors to ignore the Chinese markets.
'The design of the logo of this competition is a symbol of the rich cultural heritage and all-round progress of glorious Bihar.'
India leads the pack: 4.1 per cent of job postings demand such skills.
The interim government led by Professor Muhammad Yunus as the Chief Adviser has asked Bangladesh's envoys in India, Brussels, Canberra, Lisbon, and the Permanent Mission to the United Nations in New York to return immediately and report to the foreign ministry here as part of the latest reshuffle.
India on Monday expelled six Canadian diplomats and announced withdrawing its high commissioner and other 'targeted' officials from Canada after strongly dismissing Ottawa's allegations linking the envoy to a probe into the killing of Sikh extremist Hardeep Singh Nijjar, in a major downturn in already frosty ties between the two nations.
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