Pakistan’s Mohammad Abbas is bowled out by England’s Josh Tongue (Reuters) Former England fast bowler Stuart Broad has delivered a blunt verdict on Pakistan, describing them as a “poor side” and backing England to complete a 3-0 clean sweep in the three-Test series.Speaking on The Love for Cricket Podcast, Broad was critical of Pakistan’s current…
Core sector growth rises to 5.4% in July, cement and iron ore drive expansion NEW DELHI: Core sector grew 5.4% in July, compared with 3.2% a year ago, official data released on Thursday showed. Sequentially, the growth marked a slowdown from an upwardly revised figure of 6% in June. The new series, with revised base…
England’s Joe Root (AP/PTI) Joe Root etched his name into the World Test Championship record books on Friday, becoming the first player to score 3,000 runs as a captain in the WTC during England’s opening Test against Pakistan at Headingley in Leeds.Root needed 42 runs to reach the landmark at the start of the match…
Prop traders made Rs 44,000cr in F&O, retail traders lost Rs 72,000cr in FY26, says Sebi MUMBAI: Large institutions and proprietary traders continued to make a killing in the derivatives segment of the market during FY26. At the same time, it was retail traders who lost heavily during the fiscal, a Sebi study of F&O…
HDFC Bank raises record $1.8 bn via dollar bond issue MUMBAI: HDFC Bank has raised $1.75 billion through a dual-tranche dollar bond issue from its GIFT City branch to fund overseas lending and general banking operations.The issue comprises $500 million of three-year notes at 5.15% and $1.25 billion of five-year notes at 5.4%, settling Aug…
Sebi bars 2 entities after Sensex CAS manipulation, orders Rs 3.76cr disgorgement MUMBAI: The first Sebi order relating to the recently introduced Closing Auction Session (CAS) system showed how, using money power, large institutions could manipulate the system and turn loss-making trades into profits in their books.In the order published late on Wednesday, Sebi’s investigation…
RBI’s Poonam Gupta sees India growing above 6.7% forecast, says 7.5% is ‘a given’ CHENNAI: Despite multiple challenges, including the oil and tariff crises, heightened global uncertainty and the possibility of a rainfall deficit, India’s GDP is likely to grow faster than Reserve Bank of India‘s projected 6.7% this fiscal, RBI deputy governor Poonam Gupta…
Govt eases export rules to allow wider invoicing, payments in Indian rupees NEW DELHI: Govt on Thursday tweaked provisions of the Foreign Trade Policy to make it easier for exporters to invoice overseas transactions and receive payments in Indian rupees.“All export contracts and invoices, other than those involving member countries of the Asian Clearing Union…
Volkswagen to launch locally made sub-4m SUV in India in 2027, eyes bigger compact SUV play MUMBAI: Volkswagen is adopting a “vocal for local” strategy as the global automotive industry becomes more regional, Thomas Schafer, chief executive of Volkswagen Passenger Cars, said as he announced plans to launch a locally manufactured sub-four-metre compact SUV in…
Niva Bupa says no financial impact from Irdai action, vows steps to safeguard stakeholders MUMBAI: Niva Bupa Health Insurance has been barred from opening new places of business for six months after the insurance regulator found that the company had failed to comply with expense of management limits for 2024-25.Irdai in an order issued Aug…