The Supreme Court on Tuesday ordered a stay of the implementation of the contentious three new farm laws hoping this will end the prolonged protests by the farmers and also constituted a four-member panel of agri experts to resolve the impasse between their leaders and the Centre.
'In 2016, we had De-Mon and in 2017, we had GST.' 'The combined impact of these two started showing up in 2019 and 2020.' 'COVID-19 only added insult to injury.'
One way to do a reality check on the official numbers will be to develop a desi version of what came to be called the Li index in China.
This comes as IR posted its worst operating ratio (money spent to earn every Rs 100) in 16 years, at 96.9 in 2016-17.
Fast food chain McDonald's is planning to diversify into the economy segment as it seeks to find a way out of the rising commodity prices.
Nirmala Sitharaman's maiden Budget has not disappointed but vision and details, particularly for the revival of agriculture, are missing.
Instead of locking themselves into long-term contracts, companies are buying from the spot markets and that too in small quantities in order to keep their inventories as low as possible. Commodity prices have fallen off their record peaks in the last few months on account of a demand slowdown, especially from China. Analysts expect commodity prices the world over to soften further.
Airlines have been conducting fuel efficiency analysis, which involves fuel calculations on a daily basis, based on the availability of optimum routes in terms of wind, flight levels and overflying charges, route rationalisation to prune the number of flights and increase utilisation. They also want the Centre to grant ATF a declared goods status, which would result in a uniform levy of 4 per cent sales tax at the state level.
Tata Steel, others sell assets abroad after taking massive impairments.
New Orleans port has reached an agreement with India's Samsara Shipping to represent the Port in India.
'The economy needs to deliver the expected 7.5% growth for the markets to deliver better than single digit returns.' 'Any disappointment in growth can see the markets correcting downwards.'
The Reserve Bank may announce cut in policy rates up to 50 basis points soon as inflation has been on way downward for past three successive weeks, bankers said.
Check out some basic truths about your hard earned money.
'The easy availability of funds has enabled us to not only hire the best faculty, but has also made it possible for us to retain them with the best possible infrastructure -- labs, grants etc,' Ashoka University VC Malabika Sarkar tells Geetanjali Krishna.
While price volatility is not inherently bad, commodity futures markets and hedge funds operating on these markets will help reduce price volatility. While price volatility is not inherently bad, commodity futures markets and hedge funds operating on these markets will help reduce price volatility.
Largest bidder says FTIL not following correct process and MCX not extending cooperation; FTIL and MCX say cooperating fully
Bestway Cement, part of the UK-based Bestway Group, is probably the first company from Pakistan not to take fresh orders. In a letter (of which Business Standard has a copy) to the commerce secretary, Zameer Choudrey, group chief executive, Bestway, said, "Because of logistical problems, we are unable to deliver the cement to them (Indian importers) and hence we stopped taking new orders over a month ago."
Here's an email doing the rounds about how some of the liquids like cold drinks, petrol, diesel, Listerine mouthwash and colour printer ink compare with the price of water.
With each passing day, the dollar keeps sinking lower against both the euro and the Japanese yen. In the process, prices of individual assets get carried way beyond the levels justified by economic fundamentals. Prices of 'risky', that is non-sovereign, bonds have also been falling rapidly. Confidence in dollar markets has sunk very low, and is getting reflected in the prices of currencies and bonds. The US treasury has still not changed its 'strong dollar' policy.
'The core sectors have not done very well in the past one year.'
FCI's suspension of tur under MSP is likely to force farmers to undergo distress sales of the commodity.
From a family sharing a single towel for a year and using just a pair of bedsheets annually. . . the bed and bath soft furnishing range has a come long way in India. "Towels and bedsheets are no longer perceived as 'commodities', they are now viewed as fashion products", said Rajiv Merchant, CEO, Domestic Division, Creative Portico, branded player in bed and bath soft furnishing.
High food prices have driven inflation to new highs, leading the Centre to clamp down on export of farm commodities.
While the situation Sitharaman finds herself in may not be that good, how does it stack up against her three immediate predecessors Pranab Mukherjee, P Chidambaram and the late Arun Jaitley?
The Street is never short of hope and events to look forward to
Fintechs need to behave with responsibility and transparency. A lot of mis-selling has been happening. Other issues have been plaguing the fledgling industry -- high interest rates, even higher processing fees, harsh collection process and, most critically, data leakage leading to rampant frauds, points out Tamal Bandyopadhyay.
A Delhi University alumnus with an MBA in finance and a doctorate, Vaish started his career as a banker in 1984, became an academician a few years later and joined the capital market in 1998.
First, there has been a significant softening in commodity prices - most notably oil.
Honesty is probably the single most cost-effective and simple way to productivity and employee satisfaction.
"These are essential commodities which have great impact on inflationary expectations," Reddy told reporters on the sidelines of a function in Mumbai on Monday. High food and crude oil prices were in a way anticipated and 'the pressures have been flat,' he said.
The Blair model, used to turn the Labour Party's flagging fortunes around in Britain over a decade back, has come in handy for India's grand old party, which is in search of a winning formula after successive electoral defeats including in Gujarat and Himachal Pradesh.
Close on the heels of President George W Bush's remarks linking Indians' food habits to rising global prices of commodities, the United States has now partly attributed the surge in oil futures to the increased demand in India and China.
In a reiteration of its stand, Forward Markets Commission (FMC) chief B C Khatua said FMC is open to foreign participation in the market in a limited way and will talk to the Centre in this regard.
The consumer affairs ministry has assured the pepper and jeera traders that it would look into their demands.
If the government delivers its election promises, then activity in the industry should increase.
Costlier vegetables slowly pushed retail inflation, which had remained well within the Reserve Bank's comfortable level of 4 per cent during most part of 2019, peaked to more than three-year high of 5.54 per cent in November.
Wholesale price-based inflation eased to a nine-month low of 4.68 per cent in February, while retail inflation slowed to a 25-month low of 8.1 per cent.
Not only is gold a hedge against currency depreciation, rising crude prices and uncertainty, it is up 7 per cent (in dollar terms) in the past 12 months, says Devangshu Datta.
The price of petrol is expected to come down to Rs 84.71 a litre and diesel to Rs 77.98
China's slowing means commodity markets are no longer overheated.
