Despite its harmful effects, leaders and party workers consume khaini to keep them going during the election campaign.
Unwinding of long-dollar positions by speculative traders and the currency's strong underlying fundamentals buoyed the home unit
'If a company contracts to buy its produce after three or four months, is there any loss in it?'
Five years after Chief Minister Nitish Kumar imposed total prohibition in Bihar, the liquor mafia continues to thrive, reports MI Khan.
SBI was the top gainer in the Sensex pack, surging around 8 per cent. Tata Steel, Bajaj Finance, HDFC Bank, NTPC, Axis Bank and ICICI Bank also ended with firm gains. On the other hand, TCS, HUL, Bajaj Auto and Infosys were among the laggards.
In December last year, Amazon invested over Rs 1,700 crore into its payments and wholesale business units in India, while in October it had infused over Rs 4,400 crore (more than USD 600 million) in its various units in India, including marketplace and food retail. Bezos last visited India in 2014 when he presented Amazon's Indian unit with a giant cheque for USD 2 billion. Since then, Amazon has pledged a further USD 3.5 billion to expand in the country and the USD 1 billion investment announced on Wednesday would take the total committed investment to USD 6.5 billion.
The TMC, fresh from its resounding victory in West Bengal, is renewing efforts to mark its presence in the country's most populous state as well as politically crucial elections before the Lok Sabha battle in 2024, reports Virendra Singh Rawat.
Equity benchmark Sensex tumbled 674 points on Friday, weighed by losses in banking stocks as an unabated spike in new coronavirus cases fuelled uncertainty over the economic impact of the pandemic. After hitting a low of 27,500.79 during the day, the 30-share BSE barometer ended 674.36 points or 2.39 per cent lower at 27,590.95. The NSE Nifty shed 170 points, or 2.06 per cent, to finish at 8,083.80.
In fact, the Taliban apparently collects about 10 per cent as cultivation tax from opium farmers and 15 per cent as heroin tax from laboratories and smugglers that smuggle narcotics into Pakistan. This, by itself, is a revenue stream estimated at USD 250-300 million.
Diamond exporters are considering stopping the import of rough diamonds.
Other major gainers were Tata Steel, Yes bank, Axis Bank, Maruti Suzuki, Tech Mahindra and TCS -- rising as much as 7.09 per cent.
With satisfactory progress of monsoon rainfalls prompting farmers to bring in additional area under basmati sowing, prices are set to fall lower going forward.
If Modi's political retreat -- he has tried to avoid a pre-1984 type of situation in Punjab -- helps soothe Sikh sentiments, nobody should complain Modi, asserts Sheela Bhatt.
To tide over the difficulties due to incessant shutdowns, several farmers in Maharashtra have turned into aggregators and started selling their produce without the help of mandis or agents. They have started contracting with bulk consumers like hypermarkets and co-operative housing societies to sell their produce directly.
Continuing the suspense over its stand on an Opposition-sponsored resolution in Parliament against Foreign Direct Investment in retail, United Progressive Alliance ally Dravida Munnettra Kazhagam on Wednesday said its decision would be taken keeping in mind the interest of small and medium traders.
From announcing a lockdown and extending its tenure, setting up the country's first two exclusive Covid-19 hospitals, creating a hotspot zone, providing doorstep medical service and making masks compulsory, the state is doing all it can to dwarf the virus.
'Is baar vote jati par nahi, kaam par milega.'
A complex holding structure and unrelated businesses clubbed under one roof could have been the reasons that prompted investors to shun the stock, experts say. These are likely to impact the company's ability to raise funds, too, they add.
'Traders have been the worst hit because of the government's policies, but for some unknown reason, many continue to support the BJP.'
The Madras High Court Bench in Madurai on Thursday dismissed a couple of public interest litigation petitions filed against the supply of Tamirabarani surface water to industries set up by co-packers of Pepsi and Coca Cola at the Industrial Growth Centre established by SIPCOT at Gangaikondan in Tirunelveli district of Tamil Nadu.
In New York, the US currency fell against the Australian dollar and British pound on Monday as investors continued to weigh the potential weather drag on recent economic data, and whether or not it could sway monetary policy.
Silver, however, remained weak and fell by Rs 130 to Rs 39,600 per kg due to slackened demand from industrial units.
Silver also recovered by Rs 500 to Rs 37,300 per kg.
Traders attributed the sharp rise in silver prices to a firming trend overseas.
Documents accessed by Business Standard show owners of suspected Hong Kong-based shell companies are spread across the globe.
The Supreme Court on Wednesday allowed banks and financial institutions to provide services related to cryptocurrencies by setting aside the RBI's 2018 circular which had prohibited them. A three-judge bench, headed by Justice R F Nariman, said the Reserve Bank of India circular is liable to be set aside on the ground of "proportionality". "Accordingly, the writ petitions are allowed and the circular dated April 6, 2018 is set aside," said the bench, also comprising justices Aniruddha Bose and V Ramasubramanian.
Shouting slogans, BJP leaders and workers -- including Prem Kumar, who is the leader of opposition in Bihar assembly -- took to the streets, demanding arrest of Rocky.
The Congress-led central government may raise FDI in single-brand retail to 100 per cent from 51 per cent at present.
Traders expect the rupee to remain wedged between the 59.60 and 60.50 levels in the absence of any key triggers in the near-term.
From its March 2020 low, Bitcoin has gained a massive 474 per cent and has surged 214 per cent year-to-date.
Metal prices from copper to aluminum and tin have shot up by about 7-32 per cent in the past three months.
The 'thanksgiving and feedback' programme will also gauze public mood by asking them about the problems they face.
Bilateral trade with the US is less than eight per cent of India's total trade basket.
The Special Task Force is investigating the case of two phone calls made to a meat trader and a farmer in Uttar Pradesh asking them to plant bombs in their respective towns.
Chief minister Shivraj Singh Chouhan's task is to live down the hype and address the nitty-gritty, reports Radhika Ramaseshan.
After sinking 586 points during the day, the 30-share index ended 503.62 points, or 1.29 per cent, lower at 38,593.52. The broader NSE Nifty plunged 148 points, or 1.28 per cent, to 11,440.20.
Hit hard by volatility in yarn prices, 50% of the looms said to be operating only 3-4 days a week.
This is first time in 25 years that a benchmark equity index in India is trading at a P/E multiple of 40x or higher.
Gold traders in Gujarat have protested the Central government's decision to hallmark gold, saying the hallmarking procedure is complicated and costly.
The relative ranking of castes can vary across regions and localities and depends on a number of factors including control over land, wealth, and political power. Castes have often tried to 'upgrade' themselves (a process sociologists refer to as Sanskritization), and sometimes get 'downgraded'. A revealing excerpt from Upinder Singh's Ancient India: Culture Of Contradictions.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances