Large public sector companies in India spent over Rs 50,200 crore on capital expenditure in April FY25, 6.46% of the annual target of Rs 7.77 lakh crore. Spending was lower than in April FY24. The Finance Ministry expects spending to increase. Railways, roads, and oil and gas sectors drove the expenditure.
Carlsen notably mentioned that his nervous system had collapsed following his second-round loss against Praggnanandhaa. The world number one ended with six points out of nine, which is by all standards a decent result but following his loss to the Indian he blundered again and went down to Abdusattorov from a winning position.
The Union Home Ministry has instructed all central paramilitary and allied forces to replicate a successful beekeeping model initiated by a BSF unit in West Bengal along the border fence. This initiative aims to create employment opportunities for locals and enhance goodwill, thereby strengthening security measures. The model, lauded during a meeting chaired by Union Home Secretary Ajay Bhalla, involves installing beehives on the border fence to deter crimes like smuggling and fence cutting while engaging locals in productive work.
In the video, lasting over 45 minutes, a man resembling Sandeshkhali mandal president Gangadhar Kayal told this to the questioner. It was Kayal who had earlier said in another purported clip, the first in a series in the past week, that the rape allegations were "staged". In the latest tape that surfaced on Saturday night, Kayal was heard saying that 70 women got Rs 2,000 each for taking part in protests against Sheikh who was arrested and later suspended by the police.
Shri Badrinath-Kedarnath Temple Committee President Ajendra Ajay said, "Today at 6 am, the doors of Shri Badrinath Dham have been opened for devotees. Our first Abhishek Puja has been done in the name of Prime Minister Modi. Crowds of devotees are seen on the temple premises. There was some rain at the time of the opening of the doors but there was no decrease in the number of devotees. We are making efforts to make the journey of the devotees smooth."
Asked about Prime Minister Narendra Modi's speeches during the poll campaign, Thackeray said, "He (the PM) has Pakistan in his speeches while the opposition speaks about India." The former CM also accused the BJP of "bringing Lord Ram" in the election discourse because the ruling party has nothing to project in terms of development.
Telangana State Council of Higher Education (TSCHE) released TS EAPCET 2024 exam answer keys. Candidates can download from eapcet.tsche.ac.in. Objection and challenge windows available. Revised exam dates and exam pattern details provided.
Delhi Chief Minister Arvind Kejriwal hailed the recent Supreme Court order as "nothing less than a miracle" during his address to Aam Aadmi Party MLAs on Sunday, marking his first meeting with legislators since his release from Tihar Jail on interim bail until June 1. Kejriwal criticized the BJP, expressing relief that the order prevented potential disruptions to Delhi's services and thwarted BJP's attempts to undermine AAP's narrative.
Kurnool Lok Sabha constituency in Andhra Pradesh will see a three-way contest in the upcoming 2024 general elections. With historical significance and facing issues like water scarcity and unemployment, the YSRCP and TDP are key players. Meanwhile, in Tirupati, the BJP and YSRCP are set to battle it out amidst cleanliness accolades.
Two NFOs will be from Bajaj Finserv Mutual Fund and one will be from Samco Mutual Fund.
Secunderabad transitions from BJP-Congress duopoly to a multi-party battleground with BRS entering the fray. BJP's stronghold, led by G Kishan Reddy, faces a challenging three-way contest on Monday, reflecting evolving voter dynamics and infrastructural developments.
The FBR also sent messages to about 5,000 individuals, warning them that their mobile phone SIMs would be blocked if they did not file their returns. It has further sought details of the blocked SIMs from the telecom operators.
Unimoni Financial Services CEO Krishnan R highlighted that states like Kerala, Telangana, Tamil Nadu, Bihar, Maharashtra, and Punjab are actively participating in the gold loan market. While farmers constitute a significant portion of their clientele, individuals, small businesses, and micro enterprises are increasingly turning to gold loans for various needs like education, weddings, and medical expenses. The surge in gold prices enhances lenders' security, allowing them to maintain favorable loan-to-value ratios.
Taking shots at Delhi Chief Minister Arvind Kejriwal, BJP leader and former Haryana minister Anil Vij said that the Aam Admi Party national convenor can't attend the CM's office or sign a file under his signature.
Jewellers from South India such as Malabar Gold & Diamonds, Bhima Jewellers, and Kalyan Jewellers saw strong demand during this year's Akshay Tritiya. Malabar Gold and Diamonds reported a 39% increase in sales, totaling Rs. 1361 crore. Kalyan Jewellers also noted robust revenue growth, with Bhima Gold experiencing over 50% sales growth compared to last year.
This was way higher than a net withdrawal of Rs 8,700 crore in the entire April on concerns over a tweak in India's tax treaty with Mauritius and a sustained rise in US bond yields
As the eastern Ladakh military standoff continues, India's External Affairs Minister S Jaishankar hopes for resolution of remaining issues with China, emphasizing the importance of peace at the border for normal bilateral ties. Discussions on patrolling rights and abilities persist, with efforts focused on achieving peace and tranquillity in the region.
Kannauj seat has been considered a stronghold of the Samajwadi Party since 1998, but the seat witnessed a significant shift in the 2019 election when BJP's Subrat Pathak managed to secure victory. Kannauj known as the 'perfume capital of India' will go to polls in the fourth phase of the Lok Sabha election on May 13. The counting of the votes will take place on June 4.
Zomato Q4 Results Preview: In the preceding December quarter, the food delivery platform's net profit jumped nearly 4x (283%) QoQ to Rs 138 crore. Revenue from operations in the third quarter increased 69% YoY to Rs 3,288 crore
Escorts Kubota Ltd plans to invest up to Rs 4,500 crore over the next three to four years in a new manufacturing plant in Rajasthan's Ghiloth. The plant aims to double domestic tractor production capacity to 3.4 lakh units annually and establish new engine and construction equipment lines. The greenfield project is expected to cost between Rs 4,000 crore to Rs 4,500 crore. Land procurement is slated for this fiscal year, with construction to commence by year-end.
Some notable companies that will announce their earnings this week include Varun Beverages, Zomato, Airtel, Siemens, Power Finance Corp, Mahindra and Mahindra, HAL, and JSW Steel, among others. Overall, around 501 companies are set to release their quarterly numbers this week.
The market capitalisation (mcap) of ICICI Bank declined by Rs 17,567.94 crore to Rs 7,84,833.83 crore, and that of State Bank of India went lower by Rs 11,780.49 crore to Rs 7,30,345.62 crore
The retailers have resisted calls to revert to daily price revision and pass on softening in rates to consumers on grounds that prices continue to be extremely volatile - rising on one day and falling on the other - and that they needed to recoup losses incurred in the year when they kept rates lower than cost.
International Nurses Day on May 12th pays tribute to Florence Nightingale, recognizing nurses' tireless dedication and the theme 'Our Nurses Our Future, The Economic Power of Care' by the International Council of Nurses.
