After adding 11.7 million workers in the October 2022-September 2023 period from the pandemic lows in April 2021-March 2022, total workers employed in the vast informal sector in India - at 109.6 million - still remains below the pre-pandemic period.
Among the Sensex firms, PowerGrid, IndusInd Bank, Larsen & Toubro, Nestle, HCL Tech, Axis Bank, Tata Motors, HDFC Bank, Tata Consultancy Services and HDFC were the major winners. Bajaj Finserv, NTPC, Reliance Industries and Kotak Mahindra Bank were the biggest laggards.
Bajaj Housing Finance Ltd's impressive stock market debut has brought cheer to the 100-year-old Bajaj Group, but the conglomerate faces the prospect of Bajaj Finserv being removed from the benchmark Sensex index. According to market expectations, Trent, a Tata group-owned fashion retailer, is likely to replace Bajaj Finserv during the upcoming index rebalancing in December.
Dr T V Somanathan is the first finance secretary to be appointed Cabinet secretary since 1985. His appointment at this juncture seems to carry much meaning for the forthcoming trajectory of reforms and restructuring of India's steel frame.
Unincorporated enterprises in the manufacturing sector lost nearly 1.8 million establishments and shed 5.4 million jobs between July 2015-June 2016 and October 2022-September 2023, an analysis of the fact sheet on 'Annual Survey of Unincorporated Sector Enterprises (ASUSE)' and the comparable 73rd round survey in 2015-16 by the National Statistical Office (NSO) showed. An estimated 17.82 million unincorporated enterprises operated in the manufacturing sector in October 2022-September 2023, nearly 9.3 per cent down from 19.7 million unincorporated enterprises in July 2015- June 2016.
The unlikely and newly-discovered star on the Jharkhand campaign trail is a 39-year-old feisty army brat, who is married to the state's chief minister. Wearing only saris, always sporting sindhoor, a tikka and bangles, Jharkhand political rallies haven't seen anyone like Kalpana Murmu Soren before! She brings both lively energy and style to the podiums/stages she graces, arriving like a breath of fresh air to make fiery speeches that ignite the crowd.
The government on Tuesday put on hold the district training programme of controversial Indian Administrative Service officer Puja Khedkar, who is under the scanner for allegedly forging disability certificates to clear the Civil Services examination.
A reading above 50 represents expansion while one below means contraction.
The nearly month-long monsoon session is likely to have 20 sittings and would conclude before Independence Day.
From the Sensex pack, Mahindra & Mahindra climbed 3.71 per cent after the company reported an 18 per cent jump in its consolidated profit for the March quarter and the highest-ever annual profit of Rs 10,282 crore in FY23. Titan, Tata Steel, HDFC, UltraTech Cement, State Bank of India, ITC, IndusInd Bank, NTPC, HDFC Bank and Bajaj Finserv were the other major gainers. HCL Technologies, Power Grid, Maruti, Wipro, Tata Consultancy Services, ICICI Bank, Infosys, Tech Mahindra and Hindustan Unilever were the laggards.
The Supreme Court on Monday restrained the Centre and Navy from releasing from services some officers (both male and female), who were not granted a permanent commission and sought reply from the Centre.
All 39 constituents of the National Democratic Alliance (NDA) on Tuesday reposed faith in Prime Minister Narendra Modi and resolved to contest the 2024 Lok Sabha elections unitedly under his leadership.
At least three BSF personnel sustained bullet injuries after gunmen fired at security forces in Manipur's Thoubal district, police said on Thursday.
All the action from La Liga and Serie A matches played on Monday
'The quality of a leader should be such that even if the leader is not there, the institution carries on.'
Market benchmarks fell for third day running on Monday and ended nearly 1 per cent lower amid weak trend in global equities. The 30-share BSE Sensex declined 518.64 points or 0.84 per cent to settle at 61,144.84. During the day, it tumbled 604.15 points or 0.97 per cent to 61,059.33.
US short-seller Hindenburg Research had shared an advance copy of its damning report against Adani group with New York-based hedge fund manager Mark Kingdon about two months before publishing it and profited from a deal to share spoils from share price movement, according to market regulator Sebi. The Securities and Exchange Board of India (Sebi), in its 46-page show cause notice to Hindenburg, detailed how the US short seller, the New York hedge fund and a broker tied to Kotak Mahindra Bank benefited from the over USD 150 billion routs in the market value of Adani group's 10 listed firms post-publication of the report.
President Droupadi Murmu conferred 26 Shaurya Chakras (seven posthumous) to personnel of the armed forces, Central Armed Police Forces and state/Union Territory Police during a defence investiture ceremony.
This is the fourth such recruitment drive proposed to be undertaken by the Narendra Modi government which had in 2018 initiated lateral entry.
General Syed Asim Munir is now firmly ensconced as army chief after the May 9, 2023 upheavals, which were planned by Imran Khan's supporters to destabilise him, asserts Rana Banerji, who headed the Pakistan desk at RA&W.
The opening day was washed out by rain on Thursday and there will be no extra day tagged on, meaning that the series decider is effectively now a three-day Test.
Falcon, which is owned by Flag Telecom, has been damaged in the Middle East but it is unlikely to affect Net operations across India.
IMAGES from Day 7 of the Wimbledon Championships, at the All England Lawn Tennis and Croquet Club, London, on Sunday.
The announcement of the award comes as an acknowledgement of Dr Saiduddin's services, according to a statement by Pakistan President Arif Alvi, who approved the conferment on Wednesday.
This is the third such incident involving this semi-high speed train so far this month.
Classes were not held in most schools across Kashmir as students did not turn up due to the prevailing situation, they said.
Please get up and walk for five minutes every 1 to 2 hours, advises rediffGURU Nidhi Gupta.
More than 160 people have been killed and several hundreds injured in clashes between Meiteis and Kukis in Manipur since May 3.
Several areas of Tamil Nadu remain inundated after hours of heavy to moderate rainfall in the region. Water entered houses and markets in the low-lying residential areas of Erode district due to heavy rainfall throughout the night.
The contracts for the procurement of the platforms and weapons systems were signed in the presence of Defence Minister Rajnath Singh and defence secretary Giridhar Aramane, under whose guidance these deals fructified, an official readout said.
Last year's runners-up Services held on to a Laldingliana penalty to beat fancied Maharashtra 1-0 in a Group B quarter-final league match of the 63rd National Football Championship, for the Santosh Trophy, at the Jawaharlal Nehru stadium, in Chennai on Wednesday.
In a dramatic turn of events, Communist Party of Nepal-Maoist Centre chairman Pushpa Kamal Dahal 'Prachanda' was appointed as the new prime minister of Nepal by President Bidya Devi Bhandari on Sunday.
With the series on the line, captain Hardik Pandya is unlikely to make changes despite clamour for inclusion of Prithvi Shaw.
Gandhi had decided not to celebrate her birthday because of rape incidents and assaults on women in the country.
Sabalenka overpowers Raducanu, Osaka falls
Benchmark indices gained for the third day running on Friday, with the Sensex climbing over 300 points amid mixed global market trends. The 30-share BSE benchmark advanced 303.38 points or 0.56 per cent to settle at 54,481.84. During the day, it jumped 448.68 points or 0.82 per cent to 54,627.14. The broader NSE Nifty went higher by 87.70 points or 0.54 per cent to end at 16,220.60.
The compulsion behind India and Japan to deepen security cooperation is in response to China's growing political and economic clout and its assertive behaviour in disputed areas. This has been the key driver for bringing both India and Japan closer in the domain of security cooperation, explains Dr Rajaram Panda.
The separatist camp have called for an 'Aazadi march' to district headquarters on Saturday as part of their protest schedule.
A police official said the curbs have been imposed to maintain law and order in view of the separatists call for a march to the three districts of Baramulla, Pulwama and Srinagar.
With days to go for the first anniversary of Vladimir Putin's brutal and cruel invasion of Ukraine, the Russian army is set to mount a fresh offensive and give the Kremlin's tyrant something to crow about after months of military defeats.
