Centre approves โน72.42 crore for Ameenabad harbour in A.P.
The facility aims to facilitate anchoring of 2,500 boats, with the annual handling of 1.10 lakh tonnes
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The facility aims to facilitate anchoring of 2,500 boats, with the annual handling of 1.10 lakh tonnes
England opener Emilio Gay marked his Test debut against New Zealand at Lord's with a composed 57 in the second innings. His crucial half-century anchored the hosts against a disciplined pace attack. With this knock, Gay became the first England men's opener to score a debut fifty on home soil since Andrew Strauss in 2004, stabilising the top order.
An attendee said, โWe now hear from a number of legal observersโฆ that there's a great deal of concern about growing hostility to dissent within India.โ
As India sees incessant FII selloff so far this year, the government and RBI announced a slew of measures to ease foreign investments in government securities, with analysts suggesting that these may provide some short-term support for Dalal Street.India scrapped the long-term capital gains tax on investments by foreign institutional investors (FIIs) in government securities through an ordinance issued on Friday. The government has now exempted FIIs from tax on any interest income from government securities, as well as capital gains arising from their sale, exchange or transfer, according to an official gazette. Separately, while announcing the outcome of the MPC meeting, RBI Governor Sanjay Malhotra also unveiled a series of measures to boost FPI investments, including expanding the Fully Accessible Route (FAR) to cover new issuances of 15-, 30- and 40-year government bonds.Limits on investments by NRIs and OCIs in equity instruments without Sebi registration are being raised, allowing them to invest larger amounts without regulatory registration. The facility is also proposed to be extended to all Persons Resident Outside India (PROIs), bringing them on par with NRIs and OCIs. This came as the RBI kept the repo rate unchanged at 5.25%What does this mean for Indian stock market?The proposal to increase investment limits for NRIs and OCIs in listed equity instruments without Sebi registration, and to extend the same facility to all individual Persons Resident Outside India (PROIs), is a significant step toward broadening participation in Indian capital markets, which is expected to improve market depth, liquidity and long-term capital inflows, said Arun Poddar, CEO of Choice International.He highlighted that equally important is the removal of capital gains tax on government securities investments for foreign investors. โThis move strengthens the attractiveness of India's bond market and could encourage greater foreign participation in government debt. At a time of heightened global volatility, these measures reinforce investor confidence, support capital inflows, and reaffirm India's commitment to building deeper, more globally integrated financial markets, with the policy rate expected to remain low for an extended period,โ he said.The government's move to exempt Foreign Institutional Investors (FIIs) from capital gains tax on any interest earned from government securities is โhighly positiveโ for the capital markets, said Sumit Singhania, Head of Research at Bajaj Broking. โThis fiscal cushion arrives at a crucial time, offering a strong shield to domestic markets as the RBI chief warned of volatile forex markets driven by shifting global sentiments,โ he added.The policy is distinctly positive for bond markets and well-capitalized Banks and NBFCs, which benefit from targeted hedging subsidies and systemic stability, according to Archit Doshi, Senior Vice President at PL (Prabhudas Lilladher) AMC. โConversely, one should be underweight rate-sensitive sectors, which remain highly vulnerable to margin compression, higher inflation expectations, and the threat of the RBI reaching its tightening tipping point,โ he said.Rajeev Radhakrishnan, CFA, CIO of Fixed Income at SBI Mutual Fund, also said that the announcements aimed at enabling more dollar inflows are more significant in the near term, even though the overall policy stance has been broadly in line with expectations. โThe concessional swap facility should help stabilise short end market rates and the foreign exchange market in the near term,โ he said.For equities and debt markets, the measures to attract FII inflows are supportive of liquidity and inflows, while for the rupee, they signal a clear intent to anchor expectations and reduce volatility amid global oil shocks and sustained foreign selling pressure, said Ajit Mishra, Senior VP of Research at Religare Broking.Sachin Bajaj, Chief Investment Officer at Axis Max Life Insurance, also said that the initiatives are expected to support capital inflows, deepen domestic bond markets, and provide support to the Indian rupee over the short to medium term.RBIโs hawkish tone and the Indian stock marketWhile the measures taken to attract FII inflows in the debt market will likely provide short-term support for Dalal Street, analysts advised caution over the RBIโs hawkish policy stance. While the RBI maintained its policy repo rate as per expectations, the tone was much more cautious than in previous meetings.Sachin Bajaj highlighted that the policy emphasised preserving macroeconomic stability amid the prevailing global macroeconomic environment. โWe believe there are significant risks to inflation in the coming months due to the pass-through of higher commodity prices to consumers and elevated food prices resulting from a below-normal monsoon. Going forward, there is a risk of an upward revision in inflation projections, and given the evolving global backdrop, we believe the RBI is likely to maintain a prudent, data-dependent approach. Future policy actions will be contingent on evolving growth-inflation dynamics and global developments,โ he added.Also read: Explained: Sebi's Rs 15.15 lakh crore revenue inflation allegations against Rajesh ExportsWhile hawkish rhetoric without an accompanying rate hike provides a temporary respite for equity markets, it does not constitute an unequivocal endorsement of investment, particularly in highly rate-sensitive sectors such as real estate, automotive, and consumer discretionary goods, said Vipul Bhowar, Senior Director, Head of Equities at Waterfield Advisors.โShould inflation necessitate a rate increase later this year, these sectors are likely to experience pressure on both margins and demand. For investors, the current strategy emphasises capital preservation by focusing on high-quality equities with strong pricing power. This cautious approach is designed to navigate the prevailing geopolitical uncertainties until conditions stabilise,โ the analyst added.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Expelled TMC MLA Sandipan Saha speaks exclusively to CNN-News18's Anand Narasimhan (@AnchorAnandN) amid internal tensions fuel speculations of a rift within the Trinamool CongressAmid growing speculation about internal tensions within the All India Trinamool Congress, expelled MLA Sandipan Saha speaks exclusively to Anand Narasimhan on CNN-News18.The exclusive conversation comes at a time when reports of factionalism and unrest within the party continue to dominate political discussions in West Bengal. Sandipan Saha addresses questions surrounding his expulsion, the political developments inside the TMC, and the speculation over divisions within the party.What does the expelled MLA have to say about the current situation? Are the reports of a rift being exaggerated, or do they point to deeper issues within the party?Watch the full exclusive interview for key insights, reactions, and political analysis. News18 Mobile App - https://onelink.to/desc-youtube
The meeting effectively creates a resilient blueprint for a modernised, friction-free relationship between India and Nepal
US Secretary of War Pete Hegseth lauded India as a vital partner in the Indo-Pacific, emphasizing its role in maintaining regional power balance. He also revealed plans for co-producing Javelin anti-tank missiles in India, a move aimed at bolstering collective defense capabilities and addressing US supply shortages. This collaboration signifies deepening interoperability and industrial cooperation between the two nations.
With police barriers around, they danced on the streets revelling in the team's remarkable success and their icon Virat Kohli, who smashed an unbeaten fifty to anchor the chase
Virat Kohli's masterful unbeaten 75 guided Royal Challengers Bengaluru to a thrilling five-wicket victory over Gujarat Titans in the IPL 2026 final. Kohli struck the winning six, securing RCB's second IPL title and igniting jubilant celebrations. His rapid half-century and calm anchoring of the chase proved decisive in the dramatic finale.
For Gujarat Titans, this was supposed to be Ahmedabad's night.Instead, it became an Ahmeda-bad evening for Shubman Gill's men.Also Read: RCB win IPL for 2 straight years, but this player has created a hat-trick of winsOn a stage draped in blue, in front of a crowd willing the home side towards a second IPL crown, Royal Challengers Bengaluru once again arrived like champions who no longer carry the burden of history. They carried certainty. They carried belief. And, as they have so often over the last two seasons, they carried Virat Kohli.Chasing a modest but tricky 156, RCB were never reckless. They were relentless. Kohli, the grandmaster of the chase and the heartbeat of this franchise, produced yet another knockout innings, crafting a half-century that sucked the anxiety out of the contest and the hope out of Gujarat's defence. It was not his most explosive knock. It did not need to be. It was a classic Kohli pursuit โ measured, intelligent and utterly inevitable.The numbers will show another fifty. The final will remember much more than that.For a franchise that spent nearly two decades being cricket's great unfinished story, this felt like the final confirmation that last year's title was not an emotional one-off. This is now a team that understands how to win the biggest games. Two titles in two years is not a breakthrough. It is the beginning of a legacy.Yet Gujarat refused to make it easy.After being restricted to 155, a total that always felt 20 runs short on a placid Ahmedabad surface, the Titans fought with the stubbornness that has defined much of their short IPL history. Rashid Khan, magnificent as ever, dragged the contest deeper than it deserved to go. His spell was a reminder that class survives even when the scoreboard does not cooperate. Every wicket he took briefly reignited belief. Every dot ball lifted the noise levels.Also Read: Rohit, Dhoni, Hardik: When IPL's biggest names couldn't deliver this seasonAnd then there was Rajat Patidar โ the quiet captain who has turned Royal Challengers Bengaluru from cricketโs great underachievers into a title machine.A year after leading RCB to their long-awaited maiden IPL crown, Patidar is set to script history again, becoming only the third captain after MS Dhoni and Rohit Sharma to guide a franchise to back-to-back IPL titles. If last season was about breaking an 18-year curse, this one has been about building a champion's mentality.Patidarโs numbers do not scream for attention, but his captaincy has. RCB topped the league stage, steamrolled Gujarat Titans in Qualifier 1, and entered the final carrying the assurance of a side that no longer panics under pressure. The 31-year-old has fostered a dressing-room culture built on clarity and calm, repeatedly insisting throughout the season that every game was โjust another matchโ despite the mounting expectations around a title defence.His fingerprints were all over the campaign. Whether it was trusting Josh Hazlewood in crunch overs, backing Krunal Pandya's experience on spin-friendly surfaces, or ensuring Virat Kohli could play the anchor's role without the burden of forcing the pace, Patidar's tactical calls consistently landed. Most importantly, Patidar has managed something few RCB leaders before him could: he has made the franchise feel bigger than its baggage. For years, RCB were defined by near-misses, heartbreaks and dependence on individual brillianceBut Gujarat's bowlers were left carrying a burden that should never have been theirs alone.The real disappointment lay with the batting.Too many starts disappeared. Too many big names drifted through the final without leaving a mark. At no point did the innings gather the momentum expected from a side stacked with stroke-makers and match-winners. The scoreboard moved, but never surged. The pressure remained, and RCB's attack, led by the discipline of Josh Hazlewood and the control of Krunal Pandya, squeezed relentlessly.By the halfway mark, the script already felt familiar.RCB had been the better side for most of the season. They entered the final as favourites. They played like favourites. And when the moment arrived to finish the job, they handed the chase to the one man who has spent nearly two decades making impossible pursuits look routine.Kohli has worn many labels across his career โ superstar, run machine, icon, leader.On nights like these, one title fits best- King Kohli.And with another IPL trophy glistening under the Ahmedabad lights, his kingdom just got bigger
In a speech at the Shangri-La Dialogues, Pete Hegseth pointed to closer cooperation between India and the United States on naval matters and co-production of Javelin anti-tank guided munitions
Mahindra Manulife Mutual Fund announced the launch of โMPOWER SIFโ marking its entry into SEBIโs newly notified investment product called Specialized Investment Fund and reinforcing its commitment to bringing differentiated investment solutions to investors.With MPOWER SIF, Mahindra Manulife Mutual Fund aims to address the evolving needs of investors, who are looking to complement their existing mutual funds with products that use derivatives and other tools to create different risk return outcomes.Also Read | Smallcap valuations turn favourable as correction creates fresh opportunities: Bajaj Finserv AMC The fund house aims to provide a client experience that seeks to meet the investors aspiration, whilst remaining true to the core premise of creating investment outcomes that are consistent and meaningful.โThe launch of MPOWER SIF is a significant step forward in expanding our product suite. As investors and their goals and aspirations evolve over time, there is a clear requirement for investment solutions that offer greater flexibility and use the entire range of tools available to deliver consistent outcomes. This approach is complemented by an investment team with extensive experience anchored by a sound risk management framework,โ said Anthony Heredia, MD & CEO, Mahindra Manulife Investment Management.Mahindra Manulife Mutual Fund intends to roll out a range of differentiated strategies under MPOWER SIF across equity, hybrid, and fixed income categories, aligned with regulatory guidelines and investor suitability.โMPOWER SIF gives us the flexibility to design more agile and outcome-oriented portfolios by leveraging a wider investment toolkit. This platform will enable us to combine fundamental research with tactical allocation strategies, with the objective of delivering superior risk-adjusted returns across market cycles. We believe it is well suited for investors seeking a more nuanced approach to portfolio construction,โ said Krishna Sanghavi, Chief Investment Officer - Equity, Mahindra Manulife Investment Management.Also Read | Should senior citizens continue investing in equity mutual funds after retirement? Expert explainsThe SIF category offers strategies that go beyond conventional Mutual Funds, including long-short approaches, derivatives-based strategies, and more focused portfolio construction, catering to investors seeking a different approach to meeting their investment goals.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts. Do share your questions on ETMFqueries@timesinternet.in alongwith your age, risk profile, and Twitter handle.
Praising India's defence manufacturing capabilities, Pete Hegseth said India could โsupport US Navy vesselsโ in future; he also spoke of joint manufacturing.
US defence secretary Pete Hegseth lauded India's military modernization and strategic importance in the Indo-Pacific. He highlighted New Delhi as a critical anchor for regional balance and praised its growing industrial capacity for high-end military operations. The US is pursuing co-production initiatives with India, including for Javelin munitions, to enhance collective readiness.
The public think tank said the union government should commit at least a third of this to de-risk projects and anchor long-term investor confidence.
Raju Das, a reporter and anchor for Silchar-based newspaper-cum-digital platform Barak Bani, alleged that accused first called him to ask where he was and later entered office to assault him
MUMBAI: Indian life insurers have asked the government to double the tax-free limit for insurance policies from 500,000 rupees ($5,232), hoping for a boost to inflows into these funds, three sources directly aware of the matter said. New tax limits were imposed in February 2023, applicable to all insurance schemes except unit-linked insurance plans (ULIPs). Since then, inflows into โnon-ULIP schemes have โ risen โ a modest 2% and 5% for fiscal years 2024 and 2025, respectively. This is sharply lower than the 13% and 18% growth in the previous two years, data showed. The flows for fiscal 2026 grew 16%, largely due to a reduction in the goods and services tax. Stronger inflows into such funds will boost demand for ultra-long bonds - which these funds heavily invest in - at a time when the federal and state โ governments' supply โhas risen, the sources said, declining to be identified as they are not authorised to speak to the media. Similar requests had been made after โ new tax limits were imposed. The Life Insurance Council and the Insurance Regulatory and Development Authority of India did not reply to a Reuters email seeking comment. Slower inflows have curbed demand for longer-maturity debt, along with pushing up yields on 30-year and above maturity papers, faster than the 10-year note. The Indian government has reduced the share of ultra-long bonds in April-September borrowing to 25%, sharply lower than 30% for the second half of fiscal 2026 and โ35% for the preceding six months. It would be difficult to maintain supply at this level, and the government will have to increase it to at least 30% in October-March, according โ to traders. "Increasing the tax exemption limit is a necessary first step to unlock the deep pool of long-term capital required to anchor India's fiscal expansion," said Arun Srinivasan, chief - fixed income, ICICI Prudential Life Insurance. "Implementing this measure will incentivise long-term retail and institutional savings, offering critical domestic support for the state's ultra-long-term borrowing needs," he said. The appeal was made via a letter from the Life Insurance Council, a forum which represents insurers, to the government earlier this month, the sources said.
Jeff Bezos' space โfirm Blue Origin said on Thursday it experienced an anomaly during โa โ hot-fire test, as โ visuals on social media โshowed its New Glenn rocket explode in โa fireball.A hot-fire test is where a rocket โengine is โ fired up โwhile anchored to the โground. All โpersonnel are accounted โ for, Blue Origin said in โa post on X.โ SpaceflightNow (@SpaceflightNow) Blue Origin โhas spent billions of dollars and roughly a decade developing New Glenn, a rocket 29-stories high โwith a reusable first stage meant to compete โwith โSpaceX's โ Falcon fleet and its more powerful Starship.The Federal Aviation Administration did not โimmediately respond to a Reuters request for comment.
By remaining firmly anchored in Bengaluru, Siddaramaiah ensures he stays indispensable to Karnatakaโs political discourse, keeping his eyes on a future return to regional power