Month: May 2025

[ad_1] In his first interview since taking over as RBIgovernor, Sanjay Malhotra tells TOI’s Mayur Shetty & Sidhartha that while tariffs can have a short-term impact on economic growth, India’s status as the world’s fastest-growing economy won’t be impacted.On rupee volatility, he said RBI doesn’t target a specific rupee-dollar rate. And on FDs, the governor said lower inflation means real rates of interest on deposits will still be attractive. Edited excerpts:What is your overall assessment of the Indian economy and how are the current trade dynamics affecting it? What adjustments are required?India is the fastest-growing major economy this year and in the last decade too. It is poised to retain the numero uno position not only this year, but also in the decade ahead. Our economy demonstrates resilience amidst geopolitical and trade uncertainties. This confidence stems from several factors: monetary, […]

[ad_1] Morgan Stanley downgraded IndusInd Bank to underweight from equal-weight earlier and cut target price to Rs 700 from Rs 755 earlier. Analysts said a bear case is playing out in the stock.They expected sharp net interest income (NII) miss post recent disclosures but were negatively surprised by incorrectly classified MFI slippages. They also said that the high margin loan mix is moving lower and will weigh on return on assets recovery. They expect gradual earnings recovery on a weak starting point.Macquarie maintained its underperform rating on Swiggy with an unchanged price target of Rs 260. Analysts said they recalibrated and further trimmed their FY26/27/28 forecasts following softer than expected Jan-March quarterly numbers. For Instamart, they see downside to guidance of contribution margin break even in 3-5 quarters. In food delivery, they see slower growth.Elara Securities India has a buy […]

[ad_1] Mission: Impossible – The Final Reckoning, the latest and reportedly final instalment in the iconic action franchise led by Tom Cruise, has crossed the Rs 50 crore milestone at the Indian box office within just six days of release. The film, which premiered in India nearly a week ahead of its US release, continues to enjoy a solid theatrical run.Mission: Impossible Movie ReviewAccording to industry tracker Sacnilk, the film added an estimated Rs 4.50 crore nett on Thursday, taking its total domestic earnings to approximately Rs 54.25 crore nett. The action-packed thriller opened to a strong Rs 16.5 crore, peaking at Rs 17 crore on Sunday. Collections dipped slightly mid-week, with earnings estimated at Rs 5.75 crore on Monday and Tuesday, and Rs 4.75 crore on Wednesday.Despite the mid-week slowdown, the film is poised for another robust weekend in […]

[ad_1] Joe Root of England bats watched by Zimbabwe wicketkeeper Tafadzwa Tsiga. (Getty Images) England's dominance on the opening day of their one-off Test against Zimbabwe at Trent Bridge was not just about the scoreboard. It was a day etched in record books, with Joe Root surpassing Jacques Kallis to become the fastest to 13,000 Test runs, and England's top three – Zak Crawley, Ben Duckett and Ollie Pope – all scoring centuries in a merciless display of ‘Bazball' batting.Root, who needed 28 runs to reach the coveted mark, achieved the feat in his 153rd Test, eclipsing Kallis' previous record of 159 Tests. The 34-year-old reached the milestone with a single off Victor Nyauchi in the 80th over. Though his innings ended shortly after on 34, caught off a short ball from Blessing Muzarabani, Root became only the fifth batter […]

[ad_1] NEW DELHI: Supreme Court on Thursday reserved its verdict on the ambit, contours and necessity of an interim order after arguments over three days between the Centre and petitioners for and against the validity of Waqf (Amendment) Act, 2025, reports Dhananjay Mahapatra.Responding to the petitioners' objection to the provision that only a practising Muslim for five years could dedicate properties for waqf, SG Tushar Mehta said it was in sync with the requirement of the Muslim Personal Law (Shariat) Application Act, 1937.No mention of 'waqf by user' term in 1923 Act: Raj govt to SCGiven the widespread misuse of waqf properties and their usurpation for personal purposes noted from 1870s, registration of waqf properties, including 'waqf by user', needed to be mandatorily registered under the 1923 and 1995 Waqf Acts, he said. Mehta said a person could be governed […]

[ad_1] Gujarat Titans skipper Shubman Gill with his teammates. (Pic credit: IPL) NEW DELHI: Table-toppers Gujarat Titans (GT) suffered their fourth defeat of the IPL 2025 season on Thursday, going down by 33 runs to Lucknow Super Giants (LSG) at the Narendra Modi Stadium in Ahmedabad.It was their second loss to LSG this season, with Punjab Kings and Rajasthan Royals being the only other teams to defeat them this year.Despite the loss, Shubman Gill’s side still leads the points table with 18 points, thanks to their earlier dominant run. However, the defeat has made their path to a top-two finish more complicated.Go Beyond The Boundary with our YouTube channel. SUBSCRIBE NOW!While all four playoff spots have already been sealed, finishing in the top two remains crucial due to the advantage of playing Qualifier 1, which offers a second chance to […]

[ad_1] SHIMLA: When two people are in a long-term bond, it is difficult to determine that their sexual relationship is based solely on a promise to marry, Himachal Pradesh HC has held. HC took the position while faulting a trial court's move to frame rape charges against a man accused of rape by his partner of five years, reports Sanjeev Verma.HC held that such charges could not be formalised as the complainant woman had failed to adduce proof of the male partner having refused to marry her, especially when both had knowingly entered into a long-term physical relationship.The bench allowed the man's appeal against the decision of the fast-track trial court in Sirmaur's Nahan. HC noted that there was not a single clear averment in the complaint by the 30-year-old woman that the man had refused to marry her.The bench […]

[ad_1] ERODE: No one can watch kattaikal attam without awe as the traditional Tamil folk dance form requires great balancing skills on the part of the performers since they dance with their feet tied to two-foot-tall wooden stilts.Then, what about watching someone climbing 1,320 steps with feet tied to such wooden stilts? A viewer may be breathless, but not these children.In Erode district, a group of boys and girls are showcasing their balancing skills by climbing 1,320 steps leading to the Chennimalai Murugan Temple with their feet tied to wooden stilts.K Shankar of Ganapathipalayam, who has four decades of experience as a kattaikal attam performer, is training children aged above four years to climb the 1,320 temple steps standing on the wooden stilts. With the help of the Uzhavan Kalaikuzhu organisation, he is training them to ascend and descend the […]