What is killing the risk appetite of the bond buyers is the inconsistency in the central bank's approach. It needs to allow the yield to find its own level, gradually. To ensure that, the RBI may adopt a similar approach with which it handles a slipping rupee, asserts Tamal Bandyopadhyay.
Emotions ran high as the farmers performed ardas (prayers) and havan to thank the almighty and started their 'victory march' from Singhu, Tikri and Ghazipur protest sites to Punjab, Haryana and Uttar Pradesh in convoys of tractors, bedecked with colourful flowers and lights and blaring songs of jubilation.
'In the first phase, you might allow 30 per cent of the workforce to come in and see how it goes,' says industrialist Harsh Goenka.
Demonetisation was not a good idea and the time should have been utilised instead to fine-tune the Goods and Services Tax before it was introduced, said Gita Gopinath, John Zwaanstra Professor of International Studies and of Economics at Harvard University, in an interview with Advait Rao Palepu.
The immediate need is to put more money in the hands of agriculture-based and rural households to improve their purchasing power, says S Mahendra Dev.
He asserted that the government purchase of farm produce will remain, adding that the mechanism of minimum support price will continue in the same way it always has.
Prices have continued to move up in Delhi's markets, wholesale and retail, on supply worries and spoilage due to record cold weather.
Though there was no clear roadmap, the farmers, belonging to multiple groups, including 30 from Punjab, appeared clear in their resolve, some saying that they would not disperse till the laws were repealed and others that would ensure their voices are heard.
With scrutiny that comes with a public listing, Deepinder Goyal's leadership could face its sternest test yet.
In five years, per-employee revenue for IT companies grew at 9 per cent each year.
'One can start accumulating economy driven stocks in the next few months with a two-three year view.'
An expert committee, whose report is being awaited by the government to decide whether futures trading on essential commodities should be banned, has found no firm evidence that such trading was leading to rise in prices. An expert committee under the chairmanship of Planning Commission member Abhijit Sen to study the impact of futures trading on prices of agricultural commodities. Delisting of tur, urad rice and wheat from the futures market has not affected price movement.
In a bid to make primary markets more efficient, the Securities and Exchange Board of India on Saturday said listing time gap would be reduced further from 6 days after the IPO currently, while listing will be allowed for security receipts issued by asset reconstruction company.
Amid a flurry of runs, five bowlers did well to send down maiden overs even before the half-way stage of this IPL season. Check them out.
The arrival of the June-September rains has been delayed.
The combined profit before tax of 748 companies, which have declared their results for Q1FY21, is down 46 per cent YoY. Their net sales went down by a quarter as the Covid-19 lockdown led to a sharp fall in economic activity.
Paul Romer, a New York University professor and economist
Australia captain Tim Paine said he is 'relishing going head-to-head' with his Indian counterpart Virat Kohli in the ongoing Test series.
Indian companies will have to repay overseas debt worth $7.5 billion in the June quarter.
'It has the potential to add half a trillion dollars to the economy over the next five years.'
With porn on-demand and greater reproductive freedom, sex is a commodity available at any time.
If eight states could join the VAT system much after the rollout date and after seeing how it works, why can't the same apply to states opposed to the farm laws, asks A K Bhattacharya.
The high import duty on gold, local taxes and restrictions on imports are leading to a rise in smuggling of the commodity into the country.
Financial substitutes for gold are key to addressing the pressure from large imports.
The development comes amid a growing clamour for the boycott of Chinese products in India, combined with the government's push for Aatmanirbhar Bharat.
Summary of sports events and persons who made news on Thursday
Unless the Taliban goofs up in a big way, which seems highly unlikely, we are looking at a regime that will be around for quite a long while and present a level of governance that the puppets of the richest and most advanced countries failed to provide, predicts Ambassador M K Bhadrakumar.
He also announced an assistance of Rs 3,000 for accredited journalists while acknowledging their role in the dissemination of information on COVID19.
M V Subramanian says there is an imperative need for collective responsibility to tackle inflation, prices and availability of essential commodities, and not rely on inflation targeting alone.
As lobbying and counter-lobbying intensify, right now, it looks like a T20 match, discovers Tamal Bandyopadhyay.
Several trains were cancelled, highways and key roads blocked and many thousands stranded for hours on Monday as a nationwide 10-hour shutdown against the Centre's three agri laws disrupted lives across parts of India, particularly in the north.
Addressing a meeting of AICC general secretaries and state-incharges which she presided over, Gandhi also alleged that the country was being ruled by a government which was "systematically" handing over the rights of citizens to a handful of crony capitalists.
Do not trust any incoming phone calls or mails that ask you to install any file or programme, warns Niranjan Upadhye, general manager-fraud risk management, Worldline India.
Thousands of farmers have reached the national capital on their tractor-trolleys and other vehicles, responding to the 'Delhi Chalo' call against the agri-marketing laws enacted at the Centre in September. On Saturday morning, it wasn't clear if they will agree to move to the Burari ground on the outskirts of the city, where police said they can continue with their protest. Many protesters were demanding a better venue in the centre of Delhi. Originally, the protest was meant to be on November 26 and 27.
'We will have to get together internally and figure how this will happen.' 'Suffice to say, it is feasible and will be done in a logical way.'
A cyclone shelter building at Kelambakkam, which was recently given a fresh coat of paint, is the current home of nearly 100 Rohingyas who belong to 18 families. The neighbourhood is on the way to Mamallapuram, about 25 km from Tiruvanmiyur in south Chennai. While some Rohingya men work as butchers, some are helpers in restaurants and others do odd jobs like delivering goods on their fish cart.
Party's state unit chiefs of Delhi, Uttar Pradesh and Gujarat were also detained along with the workers during the protests.
Food Minister Ram Vilas Paswan sought to shift the blame on states saying they are equally responsible for keeping the prices of essential commodities under control
'This market is very expensive in some pockets, dirt cheap in some, and the belly of the market is reasonably valued.'
