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Dainik Jagran revealed that Rohit Sharma is considering retiring from the T20 format after the World Cup, and the Board for Control of Cricket (BCCI) wants Hardik Pandya to take over the team's command in the shortest format of the game. The report comes months after Hardik Pandya replaced Rohit Sharma as the captain of Mumbai Indians, which didn't go very well with the fans. The all-rounder faced severe trolling on social media and booing from hostile crowds in the stadium.

3 key reasons why RBI will not cut rates this year: Elara Capital In its last policy meeting in April, RBI Governor Shaktikanta Das highlighted concerns over food price uncertainties even as he expressed optimism that a record rabi wheat production would help ease price pressure. Moreover, the prospects of a normal monsoon are expected to augur well for the kharif season. Brokerage firm Nirmal Bang expects CPI inflation to come in at 4.91 per cent in April 2024.

Dalal Street's volatility indicator India VIX, also known as the fear index, on Monday zoomed 16% to fly past the 20-mark for the first time in the last one year. After suddenly crashing 20% to sub 10-levels on April 23, the index has been rising non-stop. In the last 13 sessions, the index has doubled.

GST on corporate guarantees between two related entities will emerge only after the supreme court gives its final word on the subject, and until then, holding companies are likely to keep getting demand notices, a section of GST officials told ET.

CBSE has revealed that the board examinations for Classes 10 and 12 for the academic session 2024-25 will start from February 15, 2025. Earlier in the day, CBSE declared the Class 10 results, with 93.60% of students passing the exam. Girls have outperformed boys by 2.04 percentage points, with 94.75% of girls clearing the exam. Over 47,000 students scored above 95%, and more than 2.12 lakh scored above 90%. Additionally, officials noted that more than 1.32 lakh students have been placed in the 'compartment', showing a slight decrease compared to the previous year.

With India VIX jumping 43% in May, it is advised to market participants that they remain cautious in building fresh positions and it would be prudent to adopt a wait and watch policy, and focus on quality stocks with a longer-term perspective, and that also in an SIP mode, Aamar Deo Singh, Senior Vice President-Equity, Commodity & Currency at Angel One said. This analyst spells-out strategy in previous week’s major movers viz. Manappuram Finance, Canara Bank and Yes Bank and three more stocks. Here’s what he recommends: A hard week for markets with Nifty declining 2.6% WoW. Do you see this as an election led correction or there is more and what levels should one watch out this week and in the run-up to June 4 when the outcome unfolds? Aamar Deo Singh: Investors appear to be adopting a cautious approach ahead of the outcome of the general elections, and that is evident in the markets as a broad sell-off is visible across sectors.

Jaideep Kewalramani, COO and Head of Employability Business of TeamLease Edtech, says the rapid growth makes it difficult to precisely quantify the change in open positions over the past three years, especially as the segment is dynamic and evolving. “As a sunrise industry, the demand for semiconductor professionals has surged significantly. While specific data may vary across companies and sub-sectors, a conservative estimate suggests a compound annual growth rate (CAGR) of around 100% in open positions over the last three years,” he says. But experts point out that there is no doubt about the rising demand for talent in this segment.

«Now, the mindset has changed rampantly. Today, as the leading wood panel manufacturer in the country, we believe that the opportunity in front of us is tremendous and we are barely at the tip of the iceberg,» says Keshav Bhajanka, ED, Century Plyboards. When you started your journey in the business, how has the trend changed since then? How are you seeing in terms of the difference that has come in in the industry since then as well? I think that there has been a sea change in the industry from the point when I joined to now. I think that the scales have changed massively. And earlier when you talk about the wood panel industry, there was always this thought about limitation about how the industry is small, how the industry is unlikely to become to the scale of what it could be in other countries and so on so forth.

Also Read: Stock market crash: Why is Indian stock market down today? — explained with 5 major reasons In its monthly outlook report, the UBS analyst remains upbeat on India’s economic outlook, supported by better-than-expected momentum in domestic economic activities. However, geopolitical uncertainty could pose downside risks. Let us take a look at UBS outlook on Indian stock market, economy, fixed income securities and currency.

NEW DELHI : Hyderabad-based Greenko ZeroC has secured a deal to supply renewable ammonia to Norway’s Yara Clean Ammonia, the world’s largest trader and distributor of ammonia, for an undisclosed sum. Yara will use green ammonia from Greenko to produce low-emission fertilizers as well as towards low-carbon emissions in industries such as shipping and power.

Lok Sabha Election 2024: Market erases nearly ₹10 lakh crore in a week; will the selloff continue after result? Hero MotoCorp has demonstrated a breakout above the medium-term falling channel pattern at ₹4,635 on the weekly chart, suggesting the continuation of an uptrend. During pattern formation, volume activity tends to decline, while at the breakout, there is an increase in activity, indicating an influx of market participation. The stock has established a support base at ₹4,160, holding above the 38 per cent Fibonacci retracement level of the rally from ₹2,900 to ₹4,949, indicating potential medium-term support.

Also Read: ‘Market expecting positive end to the elections’ Despite the recent fall, the Home Minister remains optimistic on the Indian stock market and isn’t too worried about the decline, said the NDTV report. “Whenever there is a steady government, markets do well. Modiji is coming back as the prime minister for the third time," he told the news channel.

ABB India in Monday’s trade jumped 8.5% on BSE to its new 52-week high of Rs 7,792.40 after the company reported an 87% jump in net profit at Rs 460 crore in the March 2024 quarter on the back of higher revenues. During the quarter, consolidated revenues came in at Rs 3,080 crore, up 28% from Rs 2,411 crore posted in the year-ago period.

SBI management was how long and how far RoE can be stretched without diluting equity. The management appears confident of avoiding equity dilution and articulated well to convey that cost of equity is much higher than cost of debt as the equity investor expects higher returns than the debt investor. In their opinion, the existing capital adequacy position should be able to support about 20% expansion in loan book from ₹37 trillion as of March 2024.

outflow of ₹396 crore last month, making it the first withdrawal after March 2023, owing to profit booking. Despite the decline, the asset under management (AUM) of gold funds rose 5% to ₹32,789 crore at April-end from ₹31,224 crore in the preceding month, according to the data with the Association of Mutual Funds in India (Amfi).

WWE Monday Night Raw on May 13 will witness the "King and Queen of the Ring" tournament matches. Gunther, Jey Uso, Ilja Dragunov, Iyo Sky and Lyra Valkyria will be out in the ring as the full fight card has come out. WWE Raw is taking place at the Bon Secours Wellness Arena in Greenville, SC. The event will start at 8 pm (ET).

Odisha this time as there was a buzz before polls that former allies and top parties of the state — Biju Janata Dal (BJD) and the BJP — may come together but now they are ghting to outscore each other. Elections for 21 Lok Sabha and 147 assembly seats of Odisha will be held simultaneously over four phases starting from May 13. ET takes a look at factors playing out in the state: In 2019, BJP emerged as the main challenger to BJD and won eight Lok Sabha seats. However, in the assembly polls, it was Naveen Patnaik all the way, showing that Odiyas have different preferences for different polls. In between these two players, Congress is trying hard to make space for itself.

factor market reforms like land and labour to propel India's growth to a double-digit trajectory, ADB Chief Economist Albert Park has said. «There are still concerns that the basic factor markets like land and labour in the formal sector of unemployment in India are still small. So, you really want to formalise those,» he told PTI in an interview. The factor market reforms include land, labour, energy, and access to credit, among others, which are critical factors for production. Labour reforms have been approved by Parliament in 2020, but it has not been implemented. In 2019 and 2020, 29 central labour laws were amalgamated, rationalised and simplified into four labour codes — the Code on Wages, 2019; the Industrial Relations Code, 2020; the Code on Social Security, 2020; and the Occupational Safety, Health & Working Conditions Code, 2020.

Lucknow and Kanpur, Unnao, whose political identity has been dominated by the Kuldeep Singh Sengar saga for a while, is witnessing a familiar battle between old contenders, but external factors may change the dynamics. Sengar, former BJP MLA, was sentenced to life imprisonment four years ago by the Delhi HC for raping a minor. The BJP's incumbent two-term MP Sakshi Maharaj is facing a spirited fight from former Congress MP from Unnao Annu Tandon for a third time, but this time as SP candidate. Originally from Kasganj, he won three Lok Sabha elections from Mathura and Farrukhabad, before being brought here in 2014, then winning on the back of almost en bloc support from the dominant Lodhi caste here as well as Nishads, combined with the Hindutva and Modi factor. But he has not been able to develop much of a positive reputation for himself in the past ten years. It is this 'Modi-Lodhi' factor that Tandon is challenging. A native of Unnao — whose late husband Sandeep Tandon was advisor to Mukesh Ambani — Tandon is widely known for her philanthropic activities, from contributing generously to weddings of girls to holding camps for eye checkups and more, according to locals.

Demand for daily groceries, essentials and household products will likely be muted in the current quarter, global research firm Kantar said, but it indicated a rural-led recovery in the second half of FY25 even though urban consumption could remain a relative straggler. Overall volumes, which indicate the number of products consumers bought, expanded 5.2% in the March quarter, unchanged from the three months to December. Sales volumes in rural markets climbed 5.8%, and in cities by 4.7%, from a year earlier, data from Kantar showed. Kantar monitors branded and unorganised products, including unpackaged voluminous commodities. Nielsen, on the other hand, tracks primarily branded retail sales. «There was significant inflation that led to shrinkflation, or consumers downgrading. But the worst is behind us and there is visibility of better growth,» said Saugata Gupta, managing director, Marico. «There will obviously be volume improvement although there will be some pricing growth as well. We definitely see a double-digit revenue growth.»

labour and employment ministry has boarded the PM Gati Shakti portal to identify and bridge gaps in social security coverage across the country and expand its health infrastructure to industrial clusters as well as special economic zones (SEZs) for the benefit of workers, said the secretary to the ministry Sumita Dawra. She told ET that the idea is to leverage the infrastructure data available on the portal to extend social security coverage to workers engaged in existing and upcoming industrial clusters around these projects while also ensuring availability of Employees' State Insurance Corporation's hospital and dispensary in the closest vicinity to these clusters. To begin with, the ministry has geotagged 1.3 million establishments covered under the Employees' Provident Fund Organisation (EPFO), about 1.5 million under the Employees' State Insurance Corporation (ESIC) and 104 ESIC hospitals for assessing the current social security coverage and planning future expansion.