India's services sector activity expanded at the slowest pace in over two years in January amid softer increases in sales and output, a monthly survey said on Wednesday. The seasonally adjusted HSBC India Services PMI Business Activity Index fell from 59.3 in December to 56.5 in January -- its lowest level since November. In the Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion, while a score below 50 denotes contraction.
India's manufacturing sector growth started the year 2025 on a strong footing and touched a six-month high in January, fuelled by the steepest upturn in exports in nearly 14 years, a monthly survey said on Monday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) rose from December's one-year low of 56.4 to 57.7 in January supported by the fastest upturn in new export orders since February 2011.
Mumbai City FC and East Bengal FC play out 0-0 draw
15-year-old Jonathan Antony stunned Paris Olympics bronze medalist Sarabjot Singh and national record holder Saurabh Chaudhary to win the 10m air pistol gold at the National Games.
DeepSeek is a case in point on how economic interdependence between nations are utilised for geopolitical ambitions and global domination efforts, observes China expert Srikanth Kondapalli.
Recent documents by NITI Aayog and periodic labour force surveys on employment show that the importance of agriculture is rising in the Indian economy.
Global capability centres (GCCs) remained one of the major drivers of this huge spurt in demand for office spaces.
From Prime Minister Narendra Modi to cricket legend Sachin Tendulkar, the country hailed the Indian team's title triumph in the U-19 Women's T20 World Cup.
The Reserve Bank of India (RBI) is expected to cut interest rates for the first time in nearly five years in Governor Sanjay Malhotra's first monetary policy committee (MPC) meeting on Wednesday. The meeting of the six-member MPC, which will culminate on Friday, aims to boost sluggish economic growth, which is seen falling to a four-year low. Malhotra took charge as the 26th RBI governor in December last year.
'The finance minister missed yet another opportunity to simplify the income tax structure in the Budget.' 'This was an opportune moment to get rid of the old tax system entirely and move fully to the new system,' asserts M Govinda Rao, member of the 14th Finance Commission.
'The market's sharp decline recently has shaken the confidence of retail investors, leading to increased selling.'
Lewandowski strike gives Barcelona 1-0 win over Alaves
A dominant India hammered England by 150 runs to claim the five-match series 4-1.
Eight persons were killed after a blast at the ordnance factory in Maharashtra's Bhandara district on Friday, Union minister Nitin Gadkari said.
Dempo has now moved up to 7th spot.
'Our attempt to honour the taxpayer has been since 2014 and more actively since 2019-2020 onwards.'
Virat Kohli's career was hanging by a thread after a disappointing showing with the bat in Australia.
Charlotte Englebert scored a hat-trick to power JSW Soorma Hockey Club to the final of the inaugural Women's Hockey India League with a 4-2 win over Shrachi Rarh Bengal Tigers.
Billionaire Gautam Adani's younger son Jeet will wed next month in a simple and traditional ceremony, without any pomp and show and celebrity stars. Adani, on Mahakumbh pilgrimage with his family, scorched speculations of a star-studded wedding of his son Jeet with Diva Shah, daughter of Surat diamond merchant Jaimin Shah. "It will be a very simple, traditional marriage... just like common people," he told reporters in Prayagraj.
Congress Parliamentary Party chairperson Sonia Gandhi's reaction to President Droupadi Murmu's address to the Joint session of the Parliament on Friday stoked a controversy.
The nationalism of Sky Force is low key -- which is its weakness, as well as its strength -- and it does not manipulate the audience into a pre-decided hate-the-enemy response, observes Deepa Gahlot.
Hyderabad FC secured their first victory in nine Indian Super League matches with a thrilling 3-2 comeback win over Jamshedpur FC.
The time is ideal for a 'Dream Budget' akin to the 1991 reforms that sparked high growth and unlocked significant gains in productivity, points out Rajeswari Sengupta.
The Real Effective Exchange Rate (REER) of the rupee moderated in December to 107.20 after hitting a peak of 108.14 in November, latest data released by the Reserve Bank of India (RBI) showed. The REER was 103.66 in January 2024. The rupee depreciated around 3 per cent against the dollar in 2024.
India is among the three least-favoured Asian stock markets, according to BofA Securities whose survey found that 10 per cent of fund managers are underweight on Indian equities from a 12-month perspective.
The Reserve Bank on Monday said asset quality of banks improved further and their gross non-performing assets (GNPA) or bad loans ratio declined to a 12-year low of 2.6 per cent in September 2024 on the back of falling slippages and steady credit demand. The RBI also flagged concern over a sharp rise in write-offs, especially among private sector banks (PVBs), which could be partly masking worsening asset quality in unsecured lending segment and dilution in underwriting standards.
Arbitrage funds, the new favourite of individual investors, delivered their best performance in nearly a decade in 2024. On average, the schemes delivered 8 per cent return last year, the highest since 2016, according to data from Value Research. The returns were supported by positive equity market sentiments, surge in open interest in stock futures, high interest rate, among other factors, analysts said.
Devdutt Padikkal and Ravichandran Smaran starred with the bat, guiding Karnataka to a five-wicket win over Haryana in the Vijay Hazare Trophy semi-final.
The October-December quarter (Q3FY25) results of fast moving consumer goods (FMCG) major Hindustan Unilever (HUL) indicated weak demand, with urban growth muted and rural showing recovery. Consolidated revenue grew by 1.6 per cent (volume was flat) to Rs 15,818 crore, due to price hikes. Prices of key raw materials such as palm oil and tea remained elevated, leading to compression of gross margin.
Wondeful shots of African women and giraffes roaming Kenyan grasslands were judged the most outstanding photographs of the year.
Wholesale price inflation rose to 2.37 per cent in December 2024, led by spike in manufactured products even though prices of food items eased, government data released on Tuesday showed.
Named 'Kamala ' by Giri, Mrs Jobs arrived in Prayagraj on Monday. She is staying at the Kumbh tent city at the Niranjini Akhara camp till January 15, before returning to the US to attend the swearing-in ceremony of President-elect Donald Trump on January 20.
Virat Kohli's subdued 17 off 69 balls extended his lean patch in the series.
Several leading scientists, academicians, and agriculturalists have called for raising government support for research and development to make Indian agriculture future-ready.
Novice investors must understand that volatility is an inherent part of equity markets and learn to navigate through such phases.
Aam Aadmi Party chief Arvind Kejriwal's car was pelted with stones during campaigning in the New Delhi constituency on Saturday, the party alleged.
Foreign investors have withdrawn Rs 22,194 crore from Indian equities this month, driven by expectations of a weak earnings season, a steady rise in the US dollar, and concerns over tariff war during Donald Trump's presidency. This came following an investment of Rs 15,446 crore in the month of December, data with the depositories showed.
Leading Indian electric two-wheeler (e2W) companies have said that "swapping" of batteries is currently unviable and will only increase the cost for a consumer to run the vehicle.
A look at Virat Kohli's worst-ever showing in a Test series consisting of three matches or more.
'Growth, liquidity and deposit mobilisation are likely to be discussed during the interaction.'
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