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₹8 crore, which is way higher than the second-class coaches of Mail/Express/Ordinary trains and EMU/MEMU trains. It was reported that Vande Bharat Metro trains will be introduced on five routes to begin with: Agra-Mathura (55km), Delhi-Rewari (83km), Lucknow-Kanpur (73km), Tirupati-Chennai (141km), and Bhubaneswar-Balasore (206km).

Congress on Friday said Prime Minister Narendra Modi should break his «silence» over the issue of conducting a socio-economic census and removing the 50 per cent cap on caste-based reservations. In a post on X, Congress General Secretary Jairam Ramesh said the prime minister should answer questions on caste census. «The prime minister made many claims about himself at Nandurbar today. Many questions arise out of that, but I just want to ask three questions — everyone knows the marginalised communities cannot get their rights without the real numbers being revealed.» «The first question is why the census was not done in 2021… Census is conducted after every 10 years. According to this, the census should have been conducted in 2021. Why did you delay the census for three years? Why did you stop Dalit and tribal communities from getting information about their population?» Ramesh asked

Can old enemies make for good friends? The future of streaming media might depend on the answer. Disney and Warner Bros. Discovery surprised investors this week with plans to launch a new streaming bundle that will combine Disney+, Hulu and Warner’s Max service.

Hemant Soren. The JMM leader has already challenged the high court order, and the apex court is scheduled to hear the matter on May 13. Hemant Soren has also sought interim bail for campaigning in the Lok Sabha elections till the high court delivers its verdict on his plea against arrest.

Chakri Lokapriya, Managing Partner, RSB LLP, says if you look at the bearing companies, this quarter, they are all reporting like 30-40% revenue growth, 30-40% EPS growth and trading at about 25-30 times. So, this as a segment will continue the earnings growth and stock performance for the next two-three years easily.” Coming to the FMCG space, given that we have seen these stocks will be in the spotlight on the back of the earnings, a lot of brokerages are talking about how the companies are losing the growth fervour and that there is a little bit of competition when it comes to pricing, the path to the consumer, etc. Are you worried about the long-term track record? Chakri Lokapriya: Marico's results showed that their volumes grew in line, slightly better than expectations.

Washington Post also added that chances of seeing the auroras is also expected in Canada and northern Europe. Apart from this, clear skies has been predicted over the central states and West Coast of the United States.

Gold price, which is trading at Rs 71,502 for 10 grams of gold with 999 purity, has witnessed a remarkable rise in the last one year; it has grown by around 18% from Rs 60,616 on previous Akshaya Tritiya (which was on April 22, 2023), according to the India Bullion and Jewellers Association. If we take a 5-year period, then gold has risen 2.25 times since the Akshay Tritiya day of May 7, 2019, when the price was Rs 31,729. This year, Akshaya Tritiya falls on May 10. However, gold price recently fell to Rs 71,502, after crossing the Rs 73,000 mark. It has raised concerns among investors whether the price would fall further. So, is this Akshaya Tritiya the right time to invest in gold?

Jiten Parmar, Partner, Aurum Capital, says “some of these stocks are trading at multiples of like 50 times at probably peak margins with EBITDA margins of more than 25% which we believe is unsustainable. Also, we have to understand that there is a lot of capacity coming up, so that always kind of basically makes us cautious. Many of the names are doing expansions and whenever there is expansion by a host of names or most of the players in the industry, we have seen through our cyclical investing and experience that a glut happens and then the sector goes and stocks go for a toss for quite a few years. We do not want to get caught into that situation.” Before we talk about markets, I want to understand the psychology of the market right now. In smallcap, midcaps and largecaps – there seems to be an underlying nervousness on the Street, whatever could be the reason. Lower voter turnout, a firm stand by RBI on lenders –there could be a variety of reasons. How should one approach the market right now? Jiten Parmar: Short-term, the reasons could be anything. In this frothy market, the primary reason according to me is overvaluation and then we assign reasons to corrections. But yes, there could be some political nervousness because of the lower voter turnout as you mentioned, that could be one of the reasons why the market wants to be a bit on the sidelines and maybe some people are taking some money off the table.

Tata Motors: The vehicle manufacturer is set to announce its Q4 results on May 10, with expectations of strong results due to volume growth, improved performance of its British unit JLR, and favourable commodity prices. The company's consolidated net profit is projected to rise by 33% to ₹7,084 crore, and revenue is likely to increase by 15% to ₹1.22 lakh crore. The growth is attributed to expansion in JLR and positive growth in India's PV and CV divisions.

Also read | Invest in new ideas, not flavour of the season, says Accel's Prashanth Prakash This is the kind of big picture thinking that has made Prashanth one of the top venture capitalists and investors in the country — someone who continues to shape the startup ecosystem in India, which he has had a ringside view to over the span of two decades and more. At the moment, Prashanth focuses on companies in the consumer Internet services, online marketplaces and SaaS space and has led investments in startups like BlueStone, BookMyShow, FabHotels, QwikCilver, Rentomojo and TeaBox, but he will perhaps always be best remembered as the person who, along with co-founder Subrata Mitra, bet on Flipkart back when e-commerce was but a glimmer in Indian founders’ eyes.

NEW DELHI : The multi-billion-dollar direct selling industry has now come in the crosshairs of the central government, with the department of consumer affairs (DoCA) planning to scrutinize their regulatory compliances and prepare a list of rule violators, three people aware of the matter said. Several measures are also being put in place to increase vigilance against violation of direct selling rules and other unscrupulous practices by the fast-growing industry, the people added.

Tata Motors, Bank of Baroda, Cipla, BPCL, Manappuram Finance among others will be in focus due to various news developments and quarterly earnings. Tata Motors, Bank of Baroda, Cipla Shares of Tata Motors, Bank of Baroda and Cipla will be in focus as the companies will announce their fourth quarter results today.

The Bank of England is keeping its main U.K. interest rate at a 16-year high of 5.25% though it gave a broad hint that a reduction could be on the cards as soon as June as inflation is forecast to fall below target

A battle is underway in California between a unit of the Wonderful Co. and United Farm Workers over how a group of workers organized under a recently-enacted labor law

Police in Vietnam say they have arrested a senior official of the country’s labor ministry for “deliberately disclosing state secrets.”

The European Union marks its annual Europe Day on Thursday

Bayern Munich had subjected the Spanish champions to the sort of experience Real Madrid have done to so many. They dug in, they frustrated, they scored a crucial goal out of nothing amid favourable refereeing decisions. Real Madrid then threw it all in, including a supposed stand-in.

gene therapy trial, a British girl's ears were cured miraculously. Born deaf due to auditory neuropathy, a phenomenon that disrupts nerve impulses from the ear to the brain, the girl named Opal Sandy had her hearing restored after taking part in clinical trials that focused on gene therapy.

Bank of England (BoE) moved closer to cutting interest rates from a 16-year high after a second policymaker voted for lower borrowing costs and Governor Andrew Bailey said he was «optimistic that things are moving in the right direction.» Deputy Governor Dave Ramsden joined external member Swati Dhingra in calling for an immediate cut in the base rate from its current level of 5.25%, where it was held for the sixth straight meeting.

Enforcement Directorate (ED) is expected to soon file a fresh charge sheet in the Delhi excise policy-linked money laundering case and it may name Chief Minister Arvind Kejriwal, BRS leader K Kavitha and some others as accused, official sources said on Thursday. The federal agency had arrested Kejriwal from his official residence here on March 21 under the Prevention of Money Laundering Act (PMLA) while Kavitha, the MLC daughter of former Telangana chief minister K Chandrashekar Rao, was taken into custody from Hyderabad on March 15. Official sources said a prosecution complaint against half-a-dozen entities, including the two politicians, some linked individuals and companies, has been readied and the agency may file it before a special PMLA court here within the next 4-5 days. The accused will be charged with money laundering and the prosecution complaint will be filed under sections 45 and 44(1) of the PMLA, the sources said.

Kannauj (UP): BSP president Mayawati Thursday launched a scathing attack on the Samajwadi Party alleging that it did not field a Muslim candidate from Kannauj as it cannot see beyond SP president Akhilesh Yadav's family. The BSP chief asked the deprived sections, including the Dalits and Muslims, not to cast a single vote for Yadav's party in the Lok Sabha elections. Addressing an election rally in Kannauj, the constituency from where the SP chief is seeking election, the BSP president recalled how Yadav, during his government, had changed the names of the districts named by her government after the great men born in the «Dalit, shoshit and pichhda varg» (Dalit, oppressed and backward class). She said even though Muslims are in sizeable numbers in Kannauj, the SP does not give ticket to the community and alleged that the Yadavs from the SP family are fielded in elections as the party cannot see beyond their family.