'Nehru wanted to strengthen industries by exploiting agriculture and that policy was continued by successive governments.'
Traders said slackened demand at prevailing higher levels amid a weak global trend mainly kept gold prices while silver recovered on some buying from industrial units.
In the second of a six-part series, Sanjay Jog of Business Standard walks across the streets of Indore to find out how it has been hit by demonetisation.
Modi also lashed at those "demeaning" the valour displayed by the armed forces after the Jaish-e-Mohammed attack against the Central Reserve Police Force in Kashmir.
Move comes after agencies unearth several cases of misuse of the 80:20 scheme.
Most key rabi-producing states of north India, such as Madhya Pradesh and Rajasthan, have staggered their procurement to enable farmers to come in batches, so that there is no overcrowding. The Centre has also set up a call centre to coordinate the inter-state movement of farm commodities.
The government has the upper hand in the ongoing negotiations, and it is unclear if a real debate will happen, observes Tulika Narayan.
The earliest ones included whistles shaped like birds, toy monkeys that could slide down a string and small carts made from materials found in nature such as sticks, clay and rocks. While there might be no disputing India's rich toy-making tradition, the industry is languishing for lack of investment and technology, and also owing to competition from cheap imports. And though it has been listed among 24 key sectors under the government's Atmanirbhar Bharat Abhiyaan, the question remains: will this push help place it in the global game? Currently, 80-odd per cent of the toys sold in India are imported - nearly 60 per cent of them from China.
In the global markets, the euro was under pressure against the US dollar yesterday, dragged lower as European monetary policy officials indicated willingness towards supporting more stimulus measures to aid the regional economy.
After a meeting of the Group of Ministers on coronavirus, the government has proposed a set of social distancing measures to be in force till March 31, the officials told reporters.
After 2 years of lull, sale of winter products like heaters and woollens grow in double-digit
The protests will highlight the impact of the twin blows of demonetisation and GST
The diamond merchant wanted in India on charges of fraud and money laundering in the estimated $2-billion Punjab National Bank scam case, lost his legal battle against extradition as a UK judge ruled that he does have a case to answer before the Indian courts.
'Employees may well be expected to be on call at almost all times -- much like the standard Indian approach to the workday,' points out Mihir S Sharma.
'Indian markets may initially react and follow the pattern of US and other global markets post US elections.'
Without naming the Prime Minister or using his 'andolanjivi' phrase, Tikait said, "In Parliament, they are saying these are parjivis (parasites). Was Bhagat Singh who sacrificed his life for this nation a parjivi? What about 150 farmers who died during this agitation? Were they parjivis too? Had they gone to Delhi to agitate and die?"
The rupee had retreated from nearly two-week high and ended three paise lower at 60.12 against the Greenback in yesterday's trade.
Gold extended its slump for the second day and shed another ₹ 350 to hit a six-month low of ₹ 29,000 per 10 grams in the bullion market.
Left leaders Sitaram Yechury and A B Bardhan on Thursday shared dais with Bharatiya Janata Party's Nitin Gadkari and Murli Manohar Joshi at a demonstration against FDI in retail and hike in diesel prices.
A call by the Traders Federation in Tamil Nadu to ban sales of Coca Cola and Pepsi soft drinks came into effect on Wednesday with its president A M Vikrama Raja declaring drinks as 'toxic' for consumption.
With Pawar backing farmers' protest against the contentious agri reforms, government sources on Sunday pointed out that as the agriculture minister in the UPA dispensation he had asked chief ministers to amend the APMC Act in their states to allow the private sector to play an important role in the field.
The rupee had plunged by 48 paise, logging its biggest fall in more than five weeks, to close at over one-month low of 61.13 against the greenback on Monday following demand for the US currency from importers.
Silver also turned weak and dropped by Rs 350 to Rs 41,200 per kg on reduced offtake by industrial units and coin makers.
According to state government data, the first 10 months of last year -- January to October 2020 -- witnessed 2,649 murders in Bihar, an average of nearly nine murders a day.
As fear grips the world, demand for protective gear used by health care professionals and citizens is on a rise. And, supply disruption from China has opened a window of opportunities for Indian medical device makers.
Gandhi said, "I am saying in 10 days, but I assure you it will do done within two days."
A weak dollar sentiment across the board alongside unwinding of long positions by speculative traders ahead of key US macro data release largely supported the rupee
Retailers are also demanding that home delivery across all forms of retail should be allowed to ensure a level playing field.
Falling for the first time in three days, the rupee washed out initial gains to end four paise lower at 62.57 today on caution ahead of US non-farm payrolls data and sustained capital outflows from Indian markets.
The rupee appreciated by 10 paise to close at a nearly six-week high of 60.29 against the US dollar in the previous session tracking a solid rally in local shares and continued dollar selling by exporters and some banks.
During Vajpayee's tenure, he was there as an indispensable insider, witness to every action that had an impact on history: Pokhran-II (nuclear tests in 1998), the 1999 Kargil conflict between India and Pakistan, the Indo-Pak Agra Summit in 2001, intense engagement with the United States on nuclear issues besides the Kandahar hijack.
Another bill related to the farm sector, the Essential Commodities (Amendment) Bill, was passed on Tuesday.
A BJP delegation, led by its Delhi unit chief Manoj Tiwari, walked out of the meeting at Kejriwal's residence.
Traders said gains in equities and a stronger dollar dented demand for the precious metals too.
The rupee had gained 6 paise to close at 60.07 against the dollar in Thursday's trade on fresh selling of the American currency by banks and exporters in view of strong capital inflows.
Traders said sentiments remained weak due to fall in demand from jewellers and retailers amidst gold retreating in global markets.
India is the 4th largest oil consumer after the US, China and Japan.
Prime Minister Narendra Modi on Wednesday left for Brussels for the first leg of his three nation tour of Belgium, United States and Saudi Arabia.
The rupee closed at 60.31/32 on Thursday.
Ajit Balakrishnan on the surprising drivers of mathematical innovation.
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