23+ min ago (262+ words) Virat Kohli's stupendous 52nd ODI hundred, Kuldeep Yadav's left-arm wrist spin trickery and Harshit Rana's pace laced India's tense 17-run win over South Africa in the first match of the three-match series here on Sunday. India now lead the rubber 1-0, and the second match will be played at Raipur on Wednesday. Once Kohli's 120-ball 135 (11x4, 7x6) guided India to a massive 349 for 8, South Africa failed to produce the Herculean batting effort needed for a tall chase, folding for 332. Kuldeep (4/68) and Harshit (3/65) struck at vital junctures as India quelled the hints of Protean fightback. Matthew Breeetzke (72), Marco Jansen (70) and Corbin Bosch (kept SA afloat after the visitors found themselves at 11 for three. Earlier, Kohli's hundred and his 136-run stand with long-time associate Rohit Sharma (57, 51b) was the engine room of India's charge to a 300-plus total. Rohit too had his own moment when he smashed…...

56+ min ago (235+ words) The International Energy Agency in Paris predicts a record glut in 2026, while Goldman Sachs Group Inc and JPMorgan Chase & Co see futures heading lower. OPEC+ will stick with plans to pause production increases during the first quarter, delegates said, amid growing signs of a surplus in global oil markets. Key members led by Saudi Arabia confirmed the three-month supply pause " first announced at the start of this month " during a video conference on Sunday, according to the delegates, who asked not to be identified as the talks are private. While the hiatus indicates some caution by the Organization of the Petroleum Exporting Countries and its partners after they rapidly revived oil production earlier this year, it still leaves world markets on track for a significant excess in early 2026, which is likely to put further pressure on prices." Oil futures have…...

1+ hour, 2+ min ago (343+ words) Corporate revival, a feature of Q2 growth There can be no denying that a real GDP print of 8.2 per cent for the second quarter of FY26 (7.8 per cent in Q1) comes as a surprise The Reserve Bank of India had projected 7 per cent in October (6.8 per cent for FY26), while the Finance Ministry's monthly economic review had forecast 7-7.5 per cent growth Apart from the festive season effect, the Centre's policy measures to boost consumption (tax cuts in the Budget), government capital expenditure and front-loading of exports ahead of the enforcement of the additional tariffs by the US have contributed to the spurt The GST rate reductions can have a positive impact in the coming quarters A few caveats here: First, the statistical base effect may have pushed up the Q2 number, since growth in Q2 of FY25 was only 5.6 per cent due to general elections Second, the…...

1+ hour, 37+ min ago (249+ words) The show cause notices pertained to "some differences observed in taxable turnover and amount of ITC for the AY 2019-20 and 2022-23. In the adjudication proceedings, the Department has dropped the proposed demand." In a relief to Dalmia Cement (Bharat) Ltd, a wholly-owned subsidiary of Dalmia Bharat, the Tamil Nadu-based tax authority has dropped the demand of tax and penalties totalling "266.3 crore from the company. In a regulatory filing, Dalmia Bharat said, Dalmia Cement (Bharat) Ltd, had earlier received show cause notices under Section 74 of the Central Goods and Services Tax Act, 2017, Tamil Nadu Goods and Services Tax Act, 2017, from the Sales Tax Officer, Lalgudi, Tiruchirapalli, Tamil Nadu. The Tamil Nadu tax department had issued notice for Assessment Year 2019-20, where it had demanded a tax of "128.39 crore along with a penalty of "19.25 crore. While for AY 2022-23, the department has demanded a tax…...

2+ hour, 40+ min ago (345+ words) The Securities and Exchange Board of India (SEBI) is considering a proposal that could increase margin requirements for single-stock derivatives by 30-60 per cent on expiry days, as the regulator looks to align stock-derivative rules with index contracts, according to people familiar with the matter. The potential rise mirrors the margin offsets traders typically receive for calendar spreads. Clearing data shows that these offsets often reduce effective margins by one-third to over half for many stock-futures spreads. Removing the benefit on the day the contract expires would therefore require traders to post substantially more capital during market hours, instead of carrying the lower margin until the 3:30 pm close. Market participants say this could tighten expiry-day liquidity. Traders who run leveraged spread positions may need to unwind earlier in the session if they cannot bring in additional margin, leading to thinner order…...

3+ hour, 35+ min ago (226+ words) Under his leadership, Nippo'has'become'the country's'second-largest dry-cell'manufacturer producing'nearly 800'million batteries annually India Post rolls out "My Stamp" in honour of Nippo batteries founder P Obul Reddy Under his leadership, Nippo has become the country"s second-largest dry-cell manufacturer producing nearly 800 million batteries annually India Post has released a customised commemorative "My Stamp" honouring the birth centenary of industrialist and Nippo Batteries founder Pottipatti Obul Reddy. The stamp was unveiled by Manoj M., IPoS, Director of Postal Services, Chennai, in the presence of Prathap C Reddy, Founder & Chairman, Apollo Hospitals Group, during a special centenary celebration in Chennai. Obul Reddy was behind the Indo-Japanese collaboration with Matsushita (Panasonic) in 1972, leading to the founding of Indo National Ltd (Nippo Batteries). Under his leadership, Nippo became the country"s second-largest dry-cell manufacturer, producing nearly 800 million batteries annually. "P Obul Reddy"s work at Indo National…...

4+ hour, 23+ min ago (420+ words) The IMD on Sunday said cyclone Ditwah, positioned over the southwest Bay of Bengal, is likely to intensify rainfall across several districts of Andhra Pradesh. The system moved almost northwards during the past six hours and remained centred at latitude 11.4 degrees north and longitude 80.6 degrees east, close to the north Tamil Nadu-Puducherry coasts. "Cyclone Ditwah, currently located over the southwest Bay of Bengal, is expected to significantly enhance rainfall activity across multiple districts of Andhra Pradesh," the India Meteorological Department said in a release. The name 'Ditwah' suggested by Yemen, refers to a lagoon and likely comes from Detwah Lagoon, a large saline lagoon on Socotra's northwest coast. The cyclone is expected to continue moving along and off the Tamil Nadu-Puducherry coastline, remaining 30 to 70 km offshore and enhancing rainfall over Andhra Pradesh. North Coastal Andhra Pradesh (NCAP) and Yanam are…...

4+ hour, 58+ min ago (277+ words) As many as 11 persons were killed and over 25 injured on Sunday near here after two state-run buses collided head-on, police said. According to a senior district police official, all the 11 persons --8 women, 2 men and a child-- were killed on the spot in the accident that happened in the evening. The injured were rushed to state-run facilities for treatment, the senior official told PTI. Chief Minister MK Stalin expressed shock and grief over the accident and the loss of lives. The CM said he has directed the District Collector and Minister KR Periyakaruppan, the minister in-charge for the district, to render all help to the affected persons and ensure appropriate treatment to the injured. He also announced ex-gratia of Rs 3 lakh each to the families of the victims and Rs 1 lakh to those with serious injuries. The CM announced Rs 50,000 to…...

5+ hour, 33+ min ago (205+ words) Last year, as an unusually long dry spell gripped Kashmir, villagers across rural areas spoke of a quiet crisis unfolding beneath their feet. A video showing an elderly woman crying and pleading with the Achabal spring in south Kashmir's Anantnag district " then dried up " went viral, capturing local anxiety over vanishing water sources. Springs that had flowed for generations, some sustaining entire villages and farmlands, began to thin, trickle and finally vanish, leaving behind hollowed-out basins. It was in the wake of these concerns that a new approach began to take shape. The project aims to expand water availability for agriculture by strengthening harvesting systems and irrigation infrastructure, encouraging farmers to cultivate more land for crop and orchard production. Authorities say it may directly benefit more than 30,000 people across the block. District Magistrate Shopian, Shishir Gupta, said the initiative could…...

5+ hour, 41+ min ago (277+ words) IMD maintained the cyclone has managed to retain its status despite the wind field getting compromised due to proximity to land features along the coat. It had also slowed down in terms of speed of lateral movement after it left Jaffna at the northern tip of Sri Lanka. The cyclone is very likely to move northwards parallel to North Tamil Nadu-Puducherry coasts until Monday. The distance from coastline to the storm centre will have been reduced to a minimum of 30 km." The 24 hours ending Sunday morning saw heavy to very heavy rainfall being recorded in some places over Tamil Nadu, Puducherry and Karaikal, with isolated extremely heavy rainfall. The heaviest of the rain fell over southern parts of the State, including the Delta region." The IMD has forecast isolated to scattered rainfall accompanied with thunderstorms and lightning over Tamil Nadu,…...