Record News

ODI records. He has won a lot of trophies, but individually he sacrificed his international runs for trophies," Gautam Gambhir said. The former Indian opener mentioned that MS Dhoni was a batter first and then a wicketkeeper which was a blessing for Team India.

₹3.5 trillion (US$ 48 billion) in 2022, as projected by ICRA, the infrastructure and real estate sectors are poised for significant growth. This upward trajectory can be attributed to escalating demand, positive market sentiment and supportive government policies. Amidst this thriving landscape,Sattva Group, founded in 1993, has solidified its presence in 8 cities across India and is now hailed as one of the most sought-after builders in the country.

Good morning,

Indian National Developmental Inclusive Alliance (INDIA) headed for a similar fate if and when it comes to power following the 2024 Lok Sabha Elections. INDIA's ‘Mission 2024’ has projected a united front against the Bhartiya Janata Party (BJP)-led National Democratic Alliance (NDA) for the biggest democratic festival India celebrates every five years.

G20 summit are yet another reminder of the growing and ever-present threat to digital security. In fact, several hackers are likely to have attacked India's digital infrastructure during the summit, claims CloudSEK, a cyber-security company. Between 2020 and 2022, India averaged 1.3 million cybersecurity incidents a year, according to data presented in Parliament based on incidents reported to or tracked by the Indian Computer Emergency Response Team (CERT-In), a government nodal agency.

VFS Global, which manages visa applications for more than 50 countries, says it has from January to June 2023 processed well over 30 lakh visa applications in India as opposed to 60 lakh in all of 2019 which had faced none of the challenges currently being seen. The travel momentum continues even after two major tourism destination — the US and Europe — have longer interview wait time, appointment count capping, etc. Incidentally, 2019 was a record year for visa lodgments in India which 2023 is now all set to better. The numbers would have been higher had it not been for the processing limitations being faced by the US and Schengen States, say several travel industry veterans. “We are expecting to surpass pre-pandemic visa applications volumes by this calendar year end. There has been a robust rebound in outbound travel sentiments. Despite initial skepticism, the level of bounce back has resulted in a demand-supply gap,” VFS Global COO (South Asia) Prabuddha Sen told TOI. US B1 (business) and B2 (visitor) visa applicants are facing a current wait time of 1.5 year long for the interview. According to the leading travel agents, all the Schengen countries — barring Norway and Sweden — have an visa appointment count capping which means only about half of the number of Indians desiring to travel are able to secure an appointment.

China’s giant housing industry is lurching into a new crisis that threatens to be the country’s worst yet. Two years ago, the debt-laden developer China Evergrande Group spiraled into insolvency, bursting the country’s real-estate bubble and setting off a chain of developer defaults and business losses. The industry’s troubles have dragged down China’s economy.

1:1 bonus share, 1:10 stock split: A long term investor not just earns from the stock price appreciation but from other rewards as well that a listed company declares from its reserved capital. This reward could be dividend, bonus shares, stock split, etc. These rewards may not look big in short term but over a period of years, these rewards multifold one's return that leads to whopping return for a long term investors.

Chandraprakash Padiyar, Senior Fund Manager, Tata MF, says “all parts of home improvement look quite attractive to us. Whereas it is more about company specific within the sector that you choose from for your portfolio. But if you look at the general growth trends for the overall sector, I would say that the next three-five years look quite interesting for the overall home improvement sector. Within our portfolio, we are more towards the plywood space and sanitaryware ceramics.”What are your thoughts on this valuation argument for the broader market versus the larger cap universe? The argument now coming out is that the larger cap universe is much more fairly valued and mid and smallcaps have run way ahead of fundamentals and hence the tilt should be towards the largecaps. Do you subscribe to this argument?On largecap versus mid and smallcaps, I also at this point in time, maybe for the next 12 months or so, belong to the same camp which says that there is reasonable valuation on the largecap side and a part of midcaps and small caps may have run beyond fundamentals for a short period of time.

A London executive earning £1 million ($1.9 million) a year is suing his investment firm, claiming it gave him such an unreasonable amount of work he fell into a deep depression and has been unable to work for three years.

The Indian central bank is possibly selling dollars via public sector banks, with the rupee just shy of a record low, six traders told Reuters. The rupee was at 83.2025 to the U.S. dollar, down from 83.09 at open and within a whisker of the lifetime low of 83.29.

run of very hot days should happen in July is, by itself, perhaps unsurprising. Two-thirds of the Earth’s land is in the northern hemisphere, and land warms up faster than water does, so northern summers are the hottest times of year for the planet as a whole. But the highest temperatures tend to come later in the season.

The Intercept, an online American non-profit news organization. The arms sales were made for the purpose of supplying the Ukrainian military, signaling Pakistani involvement in a conflict it had faced US pressure to take sides on. The report stated that the revelation is a window into the kind of behind-the-scenes maneuvering between financial and political elites that rarely are exposed to the public, even as the public pays the price, ANI reported, citing The Intercept. Pakistan faced major protests in the face of harsh structural policy reforms demanded by the Washington-based financial body as terms for its recent bailout package.

Atul Suri, CEO, Marathon Trends, says “the whole PSU move is a decadal shift. There is a decadal shift in sectors and themes. Engineering, infra, construction never moved post 2008. So, when they move, they tend to be rather sticky. We have learnt this from the 2003-2008 period. A similar set of sectors were moving, similar themes were playing out and that was a phenomenal bull market and it kept surprising us. Ultimately, it lasted five years.”Who would have thought that PSUs would be where they are? It is at a record high for the PSU banking index. I know the majority of the indices are close to their record highs but are you surprised by this move?Yes, the surprise is the follow-up.

₹66 to ₹70 per equity share of face value of ₹10 each. Madhusudan Masala IPO lot size is 2,000 equity shares and in multiples of 2,000 equity shares thereafter. Madhusudan Masala IPO, which is worth ₹23.80 crores, is completely a fresh issue of 3,400,000 equity share; there is no offer for sale (OFS) component.

PSU bank stocks, pullback seems likely in over stretched stocks like PNB, Bank of India, IOB and Central Bank, says Anand James, Chief Market Strategist at Geojit Financial Services. “The recent rallies in the PSU bank index have pushed the 14-D RSI above 70. A Doji candle formed in the daily time frame warrants indecision,” he says. Edited excerpts from an interview:

Also Read: Weather Updates: IMD predicts heavy rainfall in Gujarat, Rajasthan till September 19. Check here Meanwhile, the Delhi Regional Meteorological Centre has forecasted overcast conditions in certain areas of the Delhi National Capital Region (NCR) until September 20. September 18 is anticipated to have predominantly cloudy weather with the possibility of scattered light rain and drizzle in various parts of Delhi NCR.

Nifty traded in the negative territory in morning trade on Monday, mirroring weakness in other major Asian peers as investors exhibited caution as they prepared for a week marked by a series of central bank meetings with Fed meet outcome due on Wednesday, Bank of England (BoE) meet outlook on Thursday and Bank of Japan (BoJ) outcome due on Friday. Markets across the globe are expecting that the rate hikes have peaked and central banks will not lift rates from here on. However, inflation still remains above the central banks' targets in many countries.

solar panels and controlling nuclear-fusion reactions—are all turning to AI in order to augment or accelerate their progress. The potential is enormous.

The chief investment officer at Nippon Life India Asset Management Ltd. says it’s increasingly difficult to find opportunities in the $3.8 trillion market, where benchmarks have just hit record highs.

BEIJING — Slowing growth and geopolitical tensions are stifling the Chinese startup world that once spawned unicorns such as ByteDance and Didi, according to a PitchBook report Monday.