Sectors with positive growth during the month include rice, iron ore, oil seeds, oil meals, meat, dairy and poultry products, pharmaceuticals, coffee, engineering goods, and plastic.
Inflation in 'fuel and power' basket rose sharply to 11.22 per cent in May from 7.85 per cent in April as prices of domestic fuel increased in line with rising global crude oil rates.
NCA came into the picture at just the right time to rebuild their bodies and careers.
Kishore Biyani-led Future Retail Ltd (FRL) on Thursday told the Delhi high court that Amazon was opposing the Rs 24,713 crore deal with Reliance as the Mukesh Ambani company was a competitor, a contention denied by the US-based e-commerce giant which said it was interested in salvaging FRL. FRL contended before a bench of Chief Justice D N Patel and Justice Jyoti Singh that Amazon was not concerned if the deal falls through then all the shops of the Indian company would be closed down and it's more than 25,000 employees would be without any livelihood. Senior advocate Harish Salve, appearing for FRL, told the court that the US-based e-commerce giant was only concerned that the Mukesh Ambani group company should not get the shops as they are a competitor of Amazon.
Moody's listed six agenda on the list of pending reforms -- land acquisition Bill, labour law reforms, significant infrastructure investment, tangible benefit from Make in India initiative, tax administration and PSU bank reforms
The immediate revenue loss could worsen the Centre's fiscal deficit, from the budgeted 3.3 per cent of gross domestic product (GDP) to 3.7 per cent of GDP -- a massive 40-basis-point increase. It was stabilised at 3.4 per cent since 2016-17, report Abhishek Waghmare and Dilasha Seth.
Ajinkya Rahane and his Mumbai teammate Suryakumar Yadav went under the hammer for Rs 7 lakh each.
A summary of Wednesday's play in the Ranji Trophy Super League matches.
Veteran pacer Zaheer Khan's sensational three-wicket burst helped India 'A' crush West Indies 'A' by an innings and 54 runs in the third and final unofficial Test to level the three-match series, in Hubli.
While the farmers are not getting remunerative prices for their produce, at the same time they are forced to pay high prices for items they consume.
Experts warn of over-interpreting the numbers and said their sustainability needed to be watched beyond November, says Indivjal Dhasmana.
'The real lifting of the economy will happen only if this momentum sustains in the coming months.'
Such a disruption will take the clock back by many years - in terms of passengers handled - for these airports, thus raising questions among some of the airport operators over a delay in expansion plans.
The inflation in the food basket spiked to 7.89 per cent in October 2019 as against 5.11 per cent the preceding month.
Declining vegetable prices brought down the retail inflation to a 15-month low of 4.59 per cent in December and within the comfort zone of the Reserve Bank, government data showed on Tuesday. It is for the first time during the current fiscal that the Consumer Price Index (CPI) based inflation print is below 6 per cent or in the RBI's target range of 2 to 6 per cent. The central bank factors in the CPI-based inflation while arriving at its monetary policy. The inflation in December 2020 came down from 6.93 per cent in November, mainly on account of 10.41 per cent decline in vegetable prices over the year-ago period.
Parthiv Patel led from the front and got good support from Manprit Juneja to help Gujarat take a handy 63-run lead over defending champions Mumbai at stumps on Day 2 of the Ranji Trophy final in Indore on Wednesday.
Import segments which recorded negative growth include gold, silver, transport equipment, coal, fertiliser, machinery and machine tools. However, exports of oil seeds, coffee, rice, tobacco, spices, pharma, and chemicals reported positive growth in June.
Mumbai will be without injured pace bowler Dhawal Kulkarni for their Ranji Trophy semi-final against Madhya Pradesh, starting February 13, at Cuttack.
Leg spinner Pravin Tambe was on Monday surprisingly included in the Mumbai Ranji Trophy team to take on Jharkhand in the four-day Group A match starting at the Wankhede Stadium in Mumbai on December 6.
When word got around in the ministry of external affairs that Siddhartha and Malavika were going to New York and would be with SM Krishna, protocol officers went to Delhi airport to see off the couple. Siddhartha chided them for doing so and when the officials said a government vehicle would be picking them up at John F Kennedy airport on arrival, he told them that he would take a taxi to reach the New York Palace hotel where his father-in-law was staying. K P Nayar reports.
It's a difficult time for banks both at home and abroad. But Sanjay Nayar, Chief Executive Officer, Citi India, shrugs off Citigroup's problems in the US saying they haven't really impacted the Indian operations. Nayar admits there have been a few problems with the consumer finance business but tells Business Standard that Citi's India operations are well-positioned to see double digit growth over the next few years.
The mismatch between PMI and core sector could also be due to the fact that while core sector is calculated year-on-year, PMI is calculated month-on-month.
Henry Kravis, co-founder of global private equity firm Kohlberg Kravis Roberts & Co, thinks India should go for a bad bank to deal with bad assets in banks. In an interaction with journalists in Delhi, he says there are plenty of opportunities in India. He was joined by India CEO Sanjay Nayar.
Sachin Tendulkar, who got off the mark with a boundary with his trademark straight drive, dragged an incoming delivery from pacer Mohit Sharma back on to his stumps and was bowled for five on Day 1 of the Ranji Trophy match against Haryana.
This is the third consecutive month when GST mop-up remained below the Rs 1 lakh crore mark, despite the festival season.
Reigning champions Mumbai, gunning for their 42st Ranji Trophy title, on Wednesday inducted uncapped teenage batsman Prithvi Shaw into their squad for the semi-finals against two-time champions Tamil Nadu to be played at Rajkot from January 1 to 5.
'The government is making more reservations for scheduled castes and scheduled tribes. That, I believe, will ruin Indian industries,' says Professor Baldev Nayar.
Talent squeeze has been eroding some benefits of Indian vendors.
Banks have so far succeeded in passing on almost the entire increase in cost of funds to the borrowers, but are close to reaching a point where it won't be possible to transfer to borrowers the entire burden of increase in interest costs.
The annual list of 'Heroes of Philanthropy', compiled by Forbes Asia magazine, features a total of 48 people from the the Asia-Pacific region, including countries like China, Singapore, Hong Kong and Indonesia.
'Our network somehow saves 3,000 lives every year, but there's so much more to do, as every death due to shortage of blood is easily avoidable.'
Middle-order batsman Suryakumar Yadav joined rookie opener Jay Bista in the list of Mumbai centurions as the Ranji Trophy champions amassed an imposing first innings score of 603 against Rest of India in the Irani Cup match in Mumbai on Monday.
Much of the Q3 data will simply not be available for the CSO to factor in its calculation.
In the past few days, many companies, including fashion e-tailer Nykaa, food delivery platform Zomato, logistics and delivery firm Delhivery, insurance discovery platform PolicyBazaar, eyewear retail chain Lenskart, and edtech and online tutoring firm Byju's, have openly spoken about their IPO plans.
A clinical display by the bowlers gave Mumbai a crucial first innings lead before captain Aditya Tare's fine show with the bat helped them reach to a commanding position on the third day of their Ranji Trophy quarterfinal match against Hyderabad. On a topsy-turvy day, defending champions Mumbai bowled out Hyderabad, who began the day on 167/3, for 280 with left-arm spinner Vijay Gohil picking up three of the five wickets to fall. Abhishek Nayar, who made 59 in the first innings, took 4 wickets for 60. Hyderabad needed 127 runs to wipe out the first innings deficit and they came within 15 runs of the lead. But a lower order collapse resulted Hyderabad slipping from 255 for 5 to 280 all out. Wicketkeeper Kolla Sumanth battled through to make 44 and he was the last man to be dismissed.
Nayar urged the court to takeup the matter at an early date in view of the high number of vacant seats likely to be filled in the near future.
Virender Sehwag's experiment to bat in the middle-order failed, and Gautam Gambhir's woeful run of form continued, as India 'A' were restricted to 191 for 3 at stumps on the second day of the second unofficial 'Test' against West Indies 'A', at the Jawaharlal Nehru National College of Engineering cricket ground, in Shimoga, on Thursday.
Experts say a large part of the expenditure in April was spent on heads such as creating infrastructure for testing capacity and procuring testing kits, among other things.
Barring rice, spices, iron ore and pharmaceuticals, all the remaining 26 key sectors registered negative growth in May. Imports too plunged 51 per cent to $22.2 billion in May.
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