Prime Minister Narendra Modi and his Japanese counterpart Yoshihide Suga met in Washington, DC, on Thursday to discuss ways to further cement the bilateral strategic ties ahead of the first in-person Quad meeting to be hosted by US President Joe Biden.
Images from the English Premier League matches played on Saturday.
Sanjiv Mehta, chairman of the country's largest consumer goods company, HUL, believes that the second wave of the Covid-19 pandemic between April and June this year has been a mere pause in India's consumption story, and that it will not change the country's overall growth trajectory. India is poised for growth, especially in the fast-moving consumer goods (FMCG) sector, Mehta told shareholders at the company's annual general meeting on Tuesday. The signs of recovery are becoming evident with many states lifting lockdown restrictions in recent weeks.
Budget for 2022-2023 has returned to its agenda for protectionism in the name of creating a self-reliant India, points out A K Bhattacharya.
The relentless rally in small- and mid-cap stocks continues as large-caps show signs of fatigue. In July, the Nifty Smallcap 100 rose 8.1 per cent, extending its year-to-date (YTD) gains to 48.5 per cent, while the Nifty Midcap 100 added 3.1 per cent, taking its YTD rise to 33.5 per cent. On the other hand, the Nifty50 remained unchanged for the month, with YTD gains of 12.7 per cent.
'Today, there is no easy money to be made after the run-up in equities.'
Hardik Pandya posts, 'Brothers for life !!!!! No matter what'
The in-form Virat Kohli's Royal Challengers Bangalore takes on Mahendra Singh Dhoni's Chennai Super Kings in a top-of-the-table IPL showdown in Mumbai on Sunday with two points and momentum at stake.
In a series of tweets, the Home Department of the West Bengal government said the Governor's act of making the letter public was "violative of all established norms, and disrupts sanctity of such communications".
Spiralling prices pinched the pocket of consumer as edible oil, fuel and many other commodities turned dearer this year amid pandemic-induced disruptions but the inflationary pressure is anticipated to ease, though marginally, in the coming months. As consumers, at retail as well as wholesale levels, are willy-nilly learning to live with the new normal of curbs to contain the spread of coronavirus infections, experts are of the view that elevated inflation is likely to stay longer. After dealing with the devastating blows from the second COVID wave, especially during the April-June period, the economy is well on the revival path but the emergence of Omicron might unsettle the recovery trajectory in the short term.
India's real estate industry staged a rebound from 2020's downturn, with housing sales seen rising by over 50 per cent. The performance, though short of pre-COVID levels, has property developers hoping for stronger gains in the New Year and the beginning of a long upcycle. A strong foundation has been laid this year for revival in the Indian real estate sector, which is projected to reach $1 trillion mark by 2030 from $200 billion in the pre-pandemic year.
From Covid-19 essentials, such as Vitamin C supplements and thermometers, to bicycles, laptops, and personal weighing scales, demand for certain items galloped during last financial year as the pandemic altered what Indians used on a day-to-day basis. Imports of outdoor sports equipment, handbags for women, and dentures, among others, plummeted. With outdoor activities coming to a halt last year and schools functioning virtually, imports of sports goods witnessed a decline, while inbound shipments of laptops and battery chargers saw a sharp uptick, according to the import data for the financial year 2020-21.
Mohapatra said there is a 40 per cent chance of a normal rainfall, 22 per cent above normal, 12 per cent excess and 18 per cent below normal.
Very gradual fiscal consolidation glide path with looser-than-expected fiscal policy; good quality spending mix and reasonable assumption on fiscal math; and focus on privatisation, asset monetisation and long-term funding for infrastructure investments, according to Morgan Stanley, are the three key themes from the Budget 2021.
A day after the Reserve Bank of India (RBI) lifted its ban on HDFC Bank on issuing new credit cards, the country's largest private sector lender on Wednesday said it had resources and plans in place to "further reinforce pole position in the credit card segment" and that it would "come back with a bang". "We will aggressively go to the market, with not just our existing suite of credit cards but also new offerings in the form of co-brands and partnerships," Sashidhar Jagdishan, managing director and chief executive officer of HDFC Bank, said in a letter to his employees. The bank's management had earlier indicated that the lender had been sourcing liability customers aggressively over the past few months.
The economy is gaining traction with gradual pick up in manufacturing activity and moderation in contraction of services, spurred by comfortable liquidity conditions, an RBI article on Tuesday said. Observing that the retreat of the second wave of coronavirus pandemic has been slow, the RBI in an article on the 'State of Economy' said, the aggregate demand conditions are buoyed by the release of pent-up demand post unlock, while the supply situation is improving with the monsoon catching up to its normal levels and sowing activity gaining pace. "Reaffirming the traction that the economy is gaining, the manufacturing activity is gradually turning around, while contraction in services has moderated.
Holidayers, including those who would head overseas between April and June, are set to escape to the hills, beaches, and resorts in the country. This is to fend off the heat and beat the pandemic blues, indicates the initial bookings and online search trends.
With Shikhar Dhawan back in form in the shortest format, the Indian team management and captain Virat Kohli will have the headache of picking from three in-form openers
The current up move, according to analysts, closely resembles the rally post the global financial crisis in 2008-09, not just in quantum and speed, but also the way small-and mid-cap indices outperformed large-cap peers.
It is the first time India remained unbeaten on Australian soil in all three formats and Kohli said it augurs well for the upcoming World Cup.
IMD expects day temperatures to remain above-normal in select regions across the country between March and May 2021.
India bowling coach Bharat Arun strongly feels that Shivam Dube has all the ingredients to become a good all-rounder
ITC has extensively reset its strategy and will explore opportunities to craft disruptive business models to set up structural drivers helmed by digital and sustainability for its next horizon of growth and make the company future-ready, chairman Sanjiv Puri said on Wednesday. The company is pursuing an accelerated journey to build a dynamic utureTech' enterprise by investing in cutting-edge digital technologies to shape a new paradigm of competitiveness, create innovative business models and tap newer opportunities, he said while addressing shareholders at ITC's virtual annual general meeting. As part of the next horizon vision, the company is "proactively exploring inorganic opportunities" even as it has shrunk "business segments that were incongruent to our growth aspirations, such as the Lifestyle Retailing Business" while the existing growth platforms comprising megabrands will be scaled up and fortified.
'Waiting for a market correction and optimising entry time in the markets will be akin to missing the woods for the trees.'
'We all wanted a strong Centre with a decisive mandate from the people, to allow them to take bold decisions.'
The days of a thousand cuts are over. These mini wars will remain under the threshold of undeniable war, but will escalate closer to that threshold when their big brother pushes in. Chinese aggression has changed the matrix, the strategies, and surely the objectives too, warns David Devadas.
Shafali smashed 96 in the first innings and made 63 in the second innings, to become the youngest woman and fourth overall to score twin half-centuries in her debut Test
In the end, it turned out to be a nightmare with dark clouds hovering over the future of this Indian team and no sign of 'VIBGYOR' in the Rainbow Nation.
Although the June collections were higher than that in July, however, it is important to note that during the previous month, a large number of taxpayers also paid taxes pertaining to February, March and April 2020 on account of the relief provided due to COVID-19.
The ever-reliable Mohammed Shami has bowled with a lot more 'clarity of mind' in the ongoing IPL, which has helped him deliver near-perfect performances this season, said Kings XI Punjab skipper KL Rahul.
Chennai Super Kings' star all-rounder Suresh Raina believes the upcoming Indian Premier League, to be played in the UAE amid the COVID-19 pandemic, will pose a lot of new challenges for the players, and clarity of thought would be key for a player to succeed.
New Zealand have successfully kept the dangerous Virat Kohli quiet throughout the Test series, as the India skipper failed to reach even 20 runs in the four completed innings.
Saha was all praise for the 23-year-old Pant whose 89 not out on the fifth day sealed the match for India at the Gabba to win the series 2-1.
'A loss of seats for the Trinamool in this election will weaken its hold in Bengal, which will not augur well before the assembly election in 2021.'
'I am still very passionate to go out there, be there in the middle and win games for India. I know there is still room for improvements in terms of my batting and that is something I am working on... There are certain dimensions I would like to add to my batting...'
Survey calls for reorienting policies to promote young firms which have the potential to become big, rather than small MSME firms which remain small.
With inter-state travel still banned due to the coronavirus-forced lockdown, Indian cricketers will have to avail the grounds of their respective home states to indulge in running and focus on their skillwork, said Team India bowling coach Bharath Arun. Confined to their homes since a nationwide lockdown was enforced to contain the health crisis, the Indian cricketers have not been able to indulge in running which is an important part of their fitness regime.
The cut in the policy rate by RBI will help lower interest rates
The ministry has taken a strong position on the matter, and made it clear that it is not just problematic but also "irresponsible" for the messaging platform to leverage its position to impose "unfair" terms and conditions on Indian users, when many depend on WhatsApp to communicate in everyday life, according to the sources.
Positive cues from China - which accounts for 56.5 per cent of global crude steel production - are likely to keep demand-supply in balance and provide support to prices. All eyes have been on China, which opened after New Year holidays, as it was widely expected that prices would recover post-holidays after the weakness in January. Jayanta Roy, senior vice president, ICRA pointed out, barring last year when Covid-related restrictions affected China's steel demand in February 2020, historical trends show a typical upward movement in steel prices post-new year festivities. China's opening post-holidays was keenly awaited, especially in the wake of the sluggishness in the market in January.
