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The Times of India 4.8%: Retail inflation hits 11-month low

Retail inflation decreased to its lowest level in 11 months in April, driven by deflation in the fuel and light segment and reduced pressures on various other segments. However, food and beverages inflation remained high, hindering the possibility of interest rate reductions. Rural inflation stood higher at 5.4%, while urban inflation was at 4.1%.

The Times of India Anti-fake review norms to be mandatory for e-commerce companies

The government is planning to enforce mandatory anti-fake review norms for e-commerce companies in order to safeguard consumer interests. Consumer affairs department intends to implement QCO for online consumer reviews following unsuccessful voluntary attempt to control fake reviews. The department issued quality standards for online retailers one year ago, which banned publication of paid reviews and required disclosure of promotional content.

The Times of India US fund Warburg to buy Shriram Housing Finance

US private equity major Warburg Pincus is set to purchase Shriram Housing Finance for Rs 4,630 crore, marking the largest acquisition of a home loan company by a private equity fund in India. This deal represents the largest investment by Warburg in the country so far.

The Times of India I-T dept unveils new step to aid taxpayers

The income tax department introduces a new functionality in the Annual Information Statement (AIS) allowing taxpayers to view and confirm financial data affecting taxes. Taxpayers can provide feedback on displayed transactions to ensure accuracy. CBDT states that the system is operational for data from tax deductors, collectors, and reporting entities.

The Times of India KL Rahul-Goenka episode a storm in an espresso cup: Langer

Justin Langer, head coach of Lucknow Super Giants, shares profound insights on coaching dynamics and player management in IPL, emphasizing the critical role of mental health support, team camaraderie, and performance expectations in navigating the high-pressure world of professional cricket. Sitting back in his chair at a plush city hotel and gesticulating with his eyes and hands while speaking, Langer’s train of thought veered from past to present and onward to the future.

The Times of India Election effect: Sensex swings 1k pts as FPIs keep up selling

The Sensex experienced significant fluctuations, dropping almost 200 points before recovering and closing with a slight increase. Market sentiment is influenced by uncertainties related to polls and foreign fund selling activities. Foreign investors have sold stocks worth Rs 22,800 crore in May, while domestic investors have purchased stocks worth close to Rs 23,000 crore.

The Times of India 'FPI selloff not due to poll jitters, other markets seem more attractive'

Foreign funds are selling Indian equities not because of election uncertainty but because they find other markets more compelling, and D-St valuations are providing them an exit opportunity, said HSBC India CEO Hitendra Dave. On Monday, Foreign Portfolio Investors were net sellers, selling shares worth Rs 4,499 crore in the capital markets.

The Times of India Record voter turnout in first LS polls in Srinagar

The Srinagar Lok Sabha constituency in Srinagar recorded a voter turnout of 36.1% on Monday, the highest since the 1996 polls. The election, post-nullification of Article 370, witnessed a three-way contest involving National Conference, PDP, and JK Apni Party candidates. Key assembly segments like Chadoora, Chrar-i-Sharief, and Kangan showed significant turnout percentages.

The Times of India Man charged with murder after PIO grandma stabbed to death in London

A 22-year-old man in London has been accused of fatally stabbing a 66-year-old Indian-origin British citizen, Anita Mukhey, while she bravely defended her handbag from a mugger in broad daylight. The incident occurred at a bus stop in Burnt Oak Broadway, Edgware. The suspect, Jalal Debella, was arrested on suspicion of murder and possession of an offensive weapon.

The Times of India BCCI invites applications for head coach job

The BCCI, in a statement, informed that the tenure of the next coach will be over 3.5 years -- July 1st, 2024, to December 31st, 2027). 'The selection process will include a thorough review of applications, followed by personal interviews and assessments of shortlisted candidates," the BCCI said.

The Times of India Pakistan clears cash to calm PoK

Pakistan's Prime Minister Shehbaz Sharif approved approximately $82.6 million for Pakistan-occupied Kashmir (PoK) to address violent protests triggered by increasing electricity tariffs, flour prices, and taxes. The protests resulted in the death of a police officer and injuries to 90 others. The turmoil presents a challenge to Pakistan's military with a substantial presence in the area.

The Times of India KKR confirm top-two finish in IPL playoffs

Already qualified Kolkata Knight Riders (KKR) on Monday secured a top-two spot in the IPL playoffs following a washed-out match against the Gujarat Titans in Ahmedabad. The game's abandonment due to rain ensured that KKR, who now have 19 points with a match to go against Rajasthan Royals, gained one point to finish in the upper echelons of the league table. The achievement means that KKR now have an advantage of going into the playoffs, with a chance to go directly into the final.