Vaibhav Sooryavanshi (AFP Photo) NEW DELHI: Vaibhav Sooryavanshi’s journey in white-ball cricket has moved at remarkable speed. At just 15, the left-handed batter has already represented India and made his presence felt at the international level.Sooryavanshi ended the IPL 2026 season as Rajasthan Royals‘ highest run-scorer with 776 runs. He then produced another explosive performance,…
Ishan Kishan (BCCI Photo) NEW DELHI: When Ishan Kishan walks out to bat, the image that usually comes to mind is that of a left-handed batter hitting big sixes, playing brutal pull shots and putting bowlers under pressure. Kishan is known for his aggressive style in white-ball cricket. But on Tuesday, the 28-year-old made it…
Air India is seeking $1.5 billion in fresh equity from Tata Sons and Singapore Airlines after reporting a record $2.33 billion loss NEW DELHI/MUMBAI: Air India has returned to its shareholders for $1.5 billion, more than a year after Tata Sons halted fresh equity injections into the airline, as its turnaround proves costlier and slower…
Profits pulled sharply ahead of investment in FY24 (Representative image) MUMBAI: Corporate profits have recovered much faster than investment after the pandemic, with aggregate profit before interest and tax (PBIT) growing 21.4% in FY24 against 6.1% growth in gross fixed assets (GFA), an Economic Advisory Council to the Prime Minister working paper has found.Profitability itself…
Headline CPI inflation increased marginally in July. MUMBAI: The Indian economy remains resilient despite external headwinds, but below-normal monsoon prospects, higher crude oil prices, geopolitical tensions and global trade uncertainty pose risks to growth and inflation, according to the State of the Economy article in RBI’s Aug bulletin.The assessment also pointed to firm domestic demand,…
In its clarification, Federal Bank said it evaluates opportunities for growth and expansion in the ordinary course of business. MUMBAI: Shares of Federal Bank closed 3% lower on Tuesday after reports that the lender was pursuing a merger with Jana Small Finance Bank, while Jana SFB fell 2% as sensex closed flat. Both banks later…
Remittances rose 6.5% month-on-month to $2.5 billion in June, nearly 20% higher than a year earlier. MUMBAI: RBI turned a net purchaser of US dollars in June this year, buying $561 million in the spot and over-the-counter market after net sales of $6.1 billion in May and $3.6 billion in June 2025.According to the central…
Cristiano Ronaldo watches on as 10-man Al Nassr produce stunning comeback against Al Ettifaq Al Nassr looked destined for a frustrating night after losing their goalkeeper to a straight red card inside 12 minutes, falling 2-0 behind before half-time and then losing Cristiano Ronaldo at the break.Instead, they somehow turned the game completely on its…
Report’s findings show a significant turnaround in banking efficiency from FY15 to FY26. MUMBAI: A report published by the PM Economic Advisory Council has called for further consolidation of banks to create a few large institutions of similar size without compromising competition, as reforms over the past decade have sharply improved banking efficiency and reduced…
The company said Rs 75 crore was in transit and credited after the deadline. MUMBAI: Zee Entertainment Enterprises has asked the Securities Appellate Tribunal for a one-day extension to complete a warrant subscription by its promoter entity, after part of the funds due arrived late. The company told SAT that about Rs 75 crore of…
