The country's largest lender State Bank of India has seen a perceptible increase in the number transactions happening at its multiple digital channels, with the percentage moving from 60 per cent in the pre-pandemic period to 67 per cent currently, chairman Dinesh Khara said. The rise in the number of digital transactions at the bank was largely driven by pick up in e-commerce during the pandemic-induced lockdown, which restricted movement, he said.
'Although Hong Kong weathered many a storm and displayed a remarkable resilience to bounce back, the developments in the territory have raised question marks with regard to its future stability and prosperity.' A revealing excerpt from Rup Narayan Das's Hong Kong Conundrum: Pangs of Transition.
People have developed a fatalistic attitude where they believe that anything can happen. They think, 'there's no medicine, no beds in the hospitals, what are we alive for?' And when you get that kind of an attitude, you stop taking precautions
'Better hygiene practices could lower a person's immunity and make the person susceptible to auto-immune diseases.'
'Two days notice for the Janata Curfew.' 'Two-and-a-half days notice for lighting candles, but a mere four-hour notice for the lockdown without taking state governments into confidence.'
'Long-term retail investors should not worry about these sharp dips and jumps if they have chosen their stocks wisely.' 'Short-term volatility is a given and a rise and fall of two-three per cent should not worry them.'
'A person can do Olympic lift of 100 kgs at this stage, but he or she is not guaranteed to be injury free or increase in performance unless there is transfer. Bowlers do take a hit during this phase for sure. Batters not much'
Images from the 2022 Wimbledon Championships at the All England Club in London on Sunday.
Sania ousted from Qatar Total Open.
How China's all powerful Communist party bungled the response to the coronavirus crisis.
'If we cannot handle an epidemic of that strata, (causing that kind) of excessive calamity, then we really have to prevent it.' 'If we become complacent in even preventing it, then we are in for a disaster.'
Axis Bank was the top gainer in the Sensex pack, surging over 13 per cent, followed by ICICI Bank, IndusInd Bank, Maruti, TCS, Kotak Bank and Reliance Industries. On the other hand, Nestle India, HUL, Tech Mahindra and Sun Pharma ended in the red. NSE Nifty zoomed 273.95 points, or 3.03 per cent, to finish at 9,266.75.
'I believe we have already missed the opportunity to cancel ... We have been cornered into a situation where we cannot even stop now. We are damned if we do, and damned if we do not.'
The BJP ignored the principle of the Cabinet's joint responsibility and the adage of the buck stopping at the top, observes Amulya Ganguli.
They say that a stimulus package may not be necessary because, unlike last year's total lockdown, public transport, including the railways and airlines, is running and the restrictions on movement are localised and, in some cases, are partial rather than total.
As President Biden moves ahead with a new 'strategic concept' for China and Russia, the going is bound to get rough for the US and its G7 partners, notes Ambassador T P Sreenivasan.
CII said working capital limit enhancement should be accompanied by relaxing norms related to collaterals.
'Everybody is losing money as interest costs keep piling up.' 'Some films will wait for a theatrical release and some won't, keeping their profit and loss situation in mind.'
It is a difficult problem and will require the Union, state governments and civil society, meaning NGOs, to work together, points out Aakar Patel.
'Slower-than-anticipated recovery can be a bigger risk this time than a liquidity-driven event -- at least for India.'
IndusInd Bank was the top laggard in the Sensex pack, cracking around 10 per cent, followed by HDFC, Maruti Suzuki, Axis Bank and UltraTech Cement. On the other hand, TCS, Infosys, ITC and HCL Tech closed with gains. NSE Nifty plunged 313.60 points or 3.43 per cent to 8,823.25.
Ramping up e-commerce operations and going beyond its current strongholds are key challenges for the grocery chain in its battle with Mukesh Ambani's retail behemoth.
Dietician Komal Jethmalani provides expert help.
Ferrying migrant workers back to their states would be the largest special service by any railway network in the world in one go. Here's how the transporter manages it.
Red Bull's Max Verstappen will be doing all he can to stop six-times world champion Lewis Hamilton completing a Mercedes hat-trick and matching another of Michael Schumacher's Formula One records in Hungary this weekend.
Gaurav Garg, head of research at CapitalVia Global Research Limited will answer your stock market queries.
Colgate-Palmolive India is placing greater emphasis on freshness, whitening, therapeutic, and family toothpastes, as rivals such as Dabur and Patanjali dominate the growing naturals segment of the market. Once under 5 per cent of the Rs 10,000-crore domestic toothpaste market, the naturals segment, which includes ayurvedic and herbal variants, is now 25-30 per cent of the market, industry executives said. Growth rates of the naturals segment are estimated to be in the region of 8-9 per cent in volume terms. In value terms, the growth rate for naturals is around 10-12 per cent, sector experts said.
The coronavirus dominated the opening minutes of the Trump-Biden face-off in Nashville with US President Trump terming the contagion a "worldwide problem".
Mick Schumacher made his first track appearance as a fully signed-up Formula One driver on Friday
'With just 2.4 per cent of global landmass, India houses six to eight per cent of planetary biodiversity and hence is a prime target of wildlife criminals.'
This visit has ended on a vastly different note in comparison with Modi's previous visits. Call it a rebuke, call it a censure, call it a distancing from Modi, the sharp message would have gone home, observes Ambassador M K Bhadrakumar.
World Athletics president Sebastian Coe says his sport can have a huge influence on helping the post-pandemic world address the global health crisis and is making plans to ensure that it is ready to take on that responsibility.
Images from Copa America matches played on Monday.
From Covid to climate change, Shankar Acharya's look at some of the trends and events that might shape 2022.
'I had offers from the BJP, but my ideology is different from theirs.'
The All India Football Federation (AIFF) remains hopeful of organising the FIFA Under-17 Women's World Cup in November despite the coronavirus pandemic causing cancellation and postponement of top sporting events, throwing international schedules haywire. The optimism stems from the seven months' time that the organising committee has at its disposal to prepare for the top age-group tournament.
A batting line-up dotted with big power-hitters along with the best death bowlers make record five-time winners MI a formidable unit.
Williams Grand Prix Holdings (WGPH) published results for 2019 showing Formula One revenue slid to 95.4 million pounds ($117.6 million) in 2019, down from 130.7 million pounds the previous year.
'There is little appetite in the Democratic foreign policy establishment to pick a fight with India.'
As if wanting to be an antidote to the coronavirus pandemic, the Indian stock market adorned carnival robes in 2021 with a tsunami of liquidity unleashed by global central banks coupled with supportive domestic policies and the world's largest vaccination drive sparking off a world-beating rally on Dalal Street, despite bouts of uneasiness over fizzy valuations. While the wider economy shuttled between recovery and relapse, dictated by multiple mutations of the virus, equity market benchmarks appeared headed in just one direction -- skywards. The dizzying upward journey has added a whopping Rs 72 lakh crore during 2021 to investors' wealth, measured as the cumulative value of all listed shares in the country, taking it to nearly Rs 260 lakh crore.
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