Sunday, September 27
The India Meteorological Department (IMD) on Tuesday predicted heavy rainfall in Himachal Pradesh, Uttarakhand, Uttar Pradesh, Punjab, Haryana and Rajasthan over some of the next six to seven days.The weather department said monsoon will remain active in many parts of northwest, central and east India during over the next one week. Heavy rain is also likely in Madhya Pradesh, Vidarbha, Chhattisgarh, Bihar, West Bengal, Sikkim and Jharkhand. It might also rain in Madhya Pradesh, Jharkhand and Odisha on some days. The IMD said heavy to very heavy rain may occur at some places in Konkan and Goa, central Maharashtra and Gujarat. Saurashtra and Kutch may also receive heavy rain in the next seven days.Furthermore, the department said northeast India is likely to get heavy to very heavy rain at i
Maruti Suzuki India on Tuesday reported a 6 per cent year-on-year decline in total sales to 1,67,993 units in June.The country's largest carmaker had sold a total of 1,79,228 units in June 2024.Its total domestic passenger vehicle dispatches to dealers stood at 1,18,906 units last month compared to 1,37,160 units in the year-ago period, a dip of 13 per cent, Maruti Suzuki India (MSI) said in a statement."The slowdown in passenger vehicle sales is largely due to a sharp decline in the smaller segment cars. Historically, passenger vehicle sales used to grow at 1.5 times the GDP growth. But now, even after 6.5 per cent GDP growth, the car market is nearly flat," MSI Senior Executive Officer Rahul Bharti said.This is because the once mass small car segment is not participating in the growth at
Indian equity investors have favoured large cap companies in the first six months of the year—which saw high market volatility amid multiple geopolitical tensions, erratic energy prices, and imposition and later pause of reciprocal tariffs by the US. 122170582The mid- and small-cap benchmark indices, which gained 4% and 0.3% in the first six months, respectively, have largely underperformed the Nifty and Sensex in the January to June period this year compared with double-digit returns in the same period last year. On the sectoral front, the Nifty Defence index made a comeback amid rising IndoPak tensions, after taking a beating in the first two months of the year. It was the top performer in the first half, followed by capital markets and financial indices. 122170599Nifty IT index
The world will have to learn to live with heatwaves, the United Nations' weather and climate agency said Tuesday, as much of Europe roasted in high summer temperatures.The World Meteorological Organization said that in future, people could expect heatwaves to occur more often and be more intense because of human-induced climate change.WMO spokeswoman Clare Nullis said July was traditionally the hottest month of the year in the northern hemisphere, but it was exceptional, though not unprecedented, to have episodes of extreme heat this early in the summer.She said extreme heat was "widely called the silent killer", with the death toll often under-reflected in official statistics, compared to, for example, a tropical cyclone."It's important to stress that every single death from heat is unnec
Mumbai: India's broadest equity gauges Monday snapped a four-day winning streak to retreat from within 3% of life-time peaks, as investors looked beyond positive global cues and renewed foreign fund inflows to book profits in the absence of an express local trigger.The BSE Sensex fell 452.4 points, or 0.54%, to close at 83,606, while the NSE Nifty-50 shed 120.7 points, or 0.47%, to end at 25,517. The two indices had risen 2.7% over the past four sessions and posted gains of 3.1% and 2.7%, respectively, in June, marking their fourth straight month of advances.Profit-booking and weakness in select sectors weighed on sentiment, even though markets had rallied sharply last week on the back of robust global signals and domestic institutional buying."Last week, markets surged sharply driven by r
Mumbai: Domestic institutional investors (DII) have intensified buying in the equity market in the first six months of 2025 compared with the corresponding period in the previous year whereas their overseas counterparts (FPIs) continued to be net sellers during both periods. DIIs have bought shares worth over ₹3.5 lakh crore so far in 2025 compared with ₹2.4 lakh worth of purchase in the first six months of 2024. FIIs on the other hand were net sellers of ₹1.2 lakh crore worth of Indian equities in each of the periods.In January and February, foreign investors remained aggressive sellers in Indian equities close to ₹1.5 lakh crore until the tide turned in March amid easing interest rate cycle and tax boost by the government in the Union Budget that renewed buying interest in the ma
