Jasprit Bumrah continues to lead the ICC Test Bowler Rankings with a career-best rating. Ravindra Jadeja moves into the top-10 alongside Bumrah. Scott Boland breaks into the top-10 with an impressive performance. Pat Cummins climbs in the rankings, while Kagiso Rabada and Temba Bavuma also make gains. Rishabh Pant and Kyle Verreynne improve their batting rankings.
Bharti Airtel's dividend payout is expected to quadruple by FY27 to ₹34/share, driven by robust financial performance, ARPU growth, broadband expansion, and declining capex. HSBC forecasts significant upside potential with a ₹1,940 target price, retaining its “buy” recommendation.
Greenland's Prime Minister, Mute Egede, is set to meet the Danish King Frederik in Copenhagen. This follows U.S. President-elect Donald Trump's interest in acquiring Greenland. Trump suggested possible military or economic actions to make the island part of the U.S. Greenland, an autonomous territory, has stated it is not for sale, seeking independence from Denmark.
Apple reportedly fired some Indian-origin employees for alleged misuse of the company's matching grants scheme. Some US-based employees, in collusion with organizations linked to the Indian community, supposedly created falsified donation records. TANA is under scrutiny by the FBI and has received a subpoena. The FBI-IRS-DOJ is investigating potential CSR matching grant misuse.
A significant milestone was achieved with the successful high-speed trial run at 110 km/h along the challenging Katra to Banihal section of the USBRL project in Jammu and Kashmir. The trial indicates a potential early start to direct rail services between Kashmir and the rest of India, pending data analysis and final approval.
Allana Consumer Products Ltd is set to invest Rs 300 crore to establish new manufacturing facilities in Gujarat and North India by 2027. This strategic expansion into the French fries and frozen potatoes market aims to capture a minimum of 3% global market share by 2029, leveraging their infrastructure and market reach in the convenience food sector.
Emphasis on fiscal consolidation, tax system simplification, and investment-driven growth, in the Budget 2025 will lay a solid foundation for sustained economic development in India, asserted global consulting and professional services firm Ernst & Young India.
V Narayanan, the new ISRO chairman, highlights future missions such as Chandrayaan-4, aiming to collect moon samples, and Gaganyaan. He mentions upcoming launches including GSLV for navigation satellites. The PM has approved building a space station, with the first module set to launch in 2028.
ETMutualFunds has shortlisted top midcap funds based on mean rolling returns.
The UK is facing a challenging 'quad-demic' of flu, norovirus, RSV, and COVID-19. The situation is exacerbated by rising HMPV cases in China. Vaccines are essential to mitigate the risk. High flu rates, especially in children, and pressure on the NHS are notable concerns.
United Breweries has suspended beer supply to a state-run corporation in Telangana, halting sales of brands like Heineken and Kingfisher. The move follows ongoing operating losses in the state, despite efforts to increase product prices over two years.
8 iconic forts to explore in India this January
Odisha aims to be one of India's top five state economies by 2047, driven by investments in sectors like renewable energy, advanced manufacturing, and tourism. Chief Minister Majhi emphasized strong foundations and supportive governance, while External Affairs Minister Jaishankar highlighted the state's trade and tourism potential.
Anil Agarwal, founder and chairman of Vedanta Group, has acquired the Riverside Studio in London. Renamed 'Anil Agarwal Riverside Studios Trust', it will showcase Indian and global arts and culture. Agarwal aims to make it a premier global destination for artistic talent and cinematic depth, emphasizing the cultural ties between India and the world.
V Narayanan is appointed as the new ISRO chief, taking over from S Somanath. With 41 years of experience, Narayanan emphasizes key projects like SpaDex, G1 rocket, and PSLV mission, aiming to elevate ISRO's contributions towards India's development. His tenure as chairman starts on January 14.
Union Budget 2025 is seen as a decisive moment for India to drive sustainable growth, enhance its taxation framework, and boost global competitiveness. The key areas include expanding the PLI scheme, simplifying GST rates, resolving customs disputes, investing in infrastructure, skill development, and supporting green energy and start-ups.
Growth in the consumer goods space for October-December 2024 is expected to be muted due to sluggish urban demand, gradual rural recovery, and price hikes across product categories. Urban consumption slowed owing to elevated inflation and lower job opportunities, whereas rural growth outpaced urban growth. High commodity prices affected gross margins, with operating profit margins anticipated to be lower year-on-year.
The China plus one strategy encourages diversification of suppliers due to geopolitical risks, which benefits Indian companies across various sectors. In pharma, both traditional and CDMO segments show opportunities. The industrial sector grows more attractive as interest rates drop and currency stabilizes. The strategy also provides a competitive edge to Indian exporters facing Chinese competition.
Tata Technologies shares rose 3.4% to Rs 912 on the BSE after announcing a strategic deal with Telechips to develop software solutions for next-generation software-defined vehicles (SDVs). The collaboration, formalized through a Memorandum of Understanding (MoU), will integrate Tata Technologies' automotive software expertise with Telechips' advanced semiconductor technologies to develop turnkey SDVs.
Budget 2025 news: Finance Minister Nirmala Sitharaman is preparing Budget 2025 while balancing fiscal prudence and addressing key voter demographics. Focus may be on enhancing PM Awas Yojana, Ayushman Bharat, PM Gram Sadak Yojana, PM-Kisan Samman Nidhi Yojana, and MSME support schemes. These schemes might receive increased allocations and top-ups in the upcoming budget.
Donald Trump has once again stirred a row by saying that he wants to acquire Canada. However, he doesn't want want to annex Canada by military force- but by economic force. Trump said US is spending hundreds of billions a year to protect it. Canadian Prime Minister Justin Trudeau has responded to Trump's remark.
Rohit Sharma’s 14-year journey with Mumbai Indians is a tale of triumph, leadership, and loyalty. With 5 IPL titles as captain and over 5,400 runs, Rohit redefined excellence, making MI an IPL powerhouse.
8 health risks of sleeping too much
Gold loan interest rates: For gold loans, lenders keep your gold as collateral for the duration of the loan. Lenders charge an interest and once you repay the entire loan, they return your gold jewelery.
Steel prices in 2025 are expected to increase if the proposed safeguard duty on imports is imposed by February end. Domestic prices are under pressure due to global steel price decline but demand in India remains strong. Last year, steel prices declined due to increased imports and additional availability. Falling coking coal prices have reduced margin pressure for producers.
