The growth in the contact-intensive portion of the economy trailed our expectation, highlighting how imperative it is for confidence to improve, either through accelerated vaccinations or otherwise, to drive a sustainable recovery in these sectors, asserts Aditi Nayar.
The probe agency sought to intervene in a plea of Chandrashekhar, who is lodged in Tihar jail on charges of money laundering and duping several people, and his wife seeking their transfer to a prison outside Delhi alleging threat to their lives from jail staff.
Huma Qureshi strode the ramp for designer Vikram Phadnis as part of the Be With Beti charity walk.
Actor Jacqueline Fernandez appeared before the Enforcement Directorate on Wednesday for questioning in connection with an over Rs 200 crore money laundering case being probed against alleged conman Sukesh Chandrashekar, officials said.
It was curtains down on the high-decibel campaigning for the fourth phase of the Uttar Pradesh assembly polls as sparring among political rivals intensified during the last-minute canvassing on Monday.
She is understood to have cited professional engagements as the reason for her absence. The probe agency may issue her a fresh date.
Priyanka Chopra looked gorgeous at the premiere of her film, The Sky Is Pink, at the Toronto International Film Festival.
The states will forego around Rs 44,000 crore of tax revenue after they reduced VAT on petrol and diesel in the reminder of the fiscal but higher central tax devolution of Rs 60,000 crore will offset the losses, according to a report. After months of calls for lowering the taxes on the fuels, the Centre on November 4 cut excise duty on diesel by Rs 10 a litre and by Rs 5 on petrol. Following this, as many as 25 states and Union territories have lowered value-added tax (VAT) on these fuels.
'In this age of OTT, where you are overdosed on content with violence, crime, sex and lust, this love story is refreshing,' notes Divya Nair.
A beginner-friendly recipe for people who love sourdough.
Retail inflation hit an eight-month high of 6.07 per cent in February, remaining above the RBI's comfort level for the second month in a row, while wholesale price-based inflation soared to 13.11 per cent on account of hardening of crude oil and non-food item prices, government data showed on Monday. The previous high for retail inflation was 6.26 per cent in June 2021. The consumer price index (CPI) based retail inflation, which is taken into account by the Reserve Bank of India (RBI) while deciding its monetary policy, rose mainly because of costlier food items, as per the data released by the National Statistical Office (NSO).
That's a deficit the NDA will have to make up with the help of 'friendly' alliance partners, the very groupings the PM has said are 'family-run'.
It's raining movies and Web series on the Amazon Prime Video platform!
A summary of the country's athletes performed at the Tokyo Games on Wednesday, August 4.
The output of eight core infrastructure sectors grew marginally by 0.1 per cent in January, mainly due to growth in the production of fertiliser, steel and electricity. The core sectors had expanded by 2.2 per cent in January 2020, according to the provisional data released by the commerce and industry ministry on Friday. Coal, crude oil, natural gas, refinery products, and cement recorded negative growth in January.
The district administration is immediately performing the last rites of the deceased as there is a possibility that they had contracted COVID-19.
New projects fell 6.3 per cent in the December quarter compared with the September quarter. The value of new projects in the just-concluded quarter was Rs 2.1 trillion, according to the data from Centre for Monitoring Indian Economy (CMIE), which was lower than the Rs 2.2 trillion seen in the September quarter. It is, however, higher than Rs 1.5 trillion recorded for the quarter ended December 2020, the first year of the Covid-19 pandemic. This data ties in with the November data for core sector growth, an index of eight core industries, which grew at its slowest pace since early 2021.
Joginder Tuteja lists the biggest money-making movie murder mysteries.
Vote for your favourite celebrity showstopper.
The 36-year-old actor was stopped by the immigration authorities at the Mumbai airport on the basis of a Look Out Circular (LoC) issued by the federal probe agency, they said.
A weekly roundup of the best and worst styles from the celebrity circuit. Scroll down to take a look!
New Delhi has a chance to rid itself of its image as the bully in the subcontinent by helping a neighbour tackle problems that India, for once, has no role in creating. It should grab the opportunity with both hands, suggests Aditi Phadnis.
The Indian women's badminton team crashed out of the Uber Cup after losing to Japan in the quarter-finals in Aarhus, Denmark on Thursday while the men completed their group engagements in the Thomas Cup with a defeat to China.
Tokyo should remain the benchmark and source of inspiration till at least Paris 2024. In the shorter run, India's preparations for the Asian and Commonwealth Games next year must begin based on lessons learnt now, asserts Raj Kishore Mishra, former joint secretary at the sports ministry.
Moody's on Thursday upped India's growth projection for the next financial year beginning April 1, to 13.7 per cent, from 10.8 per cent estimated earlier, on the back of normalisation of activity and growing confidence in the market with the rollout of COVID-19 vaccine. For current fiscal, the US-based rating agency expects the economy to contract 7 per cent, lower than its previous estimate of 10.6 per cent contraction.
A sharp sell-off in the Indian equities markets after a spike in crude oil prices should not be surprising. Historically there is a negative correlation between stock valuations in India and the price of Brent crude oil, which is the benchmark for the Indian crude oil basket. Between 2011 and 2014, crude oil traded above $100 a barrel for an extended period, the Sensex-trailing price/earnings (P/E) was 18X, on average, during the period, nearly 22 per cent lower than the current index P/E of 23X.
Since January 2021, the inflation rate in health has stood in the range of 6.08-8.44 per cent.
Two-time Olympics medallist P V Sindhu opted out citing post-Olympics recovery.
She will be questioned in the case involving alleged conman Sukesh Chandrashekhar and others.
Malaika Arora looked gorgeous as she brought in her 46th birthday with her pals and partied until the wee hours.
Bollywood celebrities usher in the Festival of Colours with much fervour.
With the Indian players having to stay in the bio-bubble for the next two months during the tour of Australia, some of the players opted to bring in their families to help them cope with the isolation period.
The newly expanded Maharashtra council of ministers has several leaders from political families.
It's raining stars at Mukesh Ambani's Ganpati party!
The turning point in his career was undoubtedly Nepal where he was sent as ambassador and acted with a cool head.
The JD-U, may be the BJP's partner for now. But it is a party at all only because of Nitish Kumar. The day Nitish Kumar exits, the JD-U will split into hundreds of pieces. Obviously, Prashant Kishor is setting himself up as the vessel that will collect all the pieces and put them together in some sort of political instrument, explains Aditi Phadnis.
Miss Supranational Aditi Hundia made us believe in fairy tales.
The Union government's fiscal deficit works out to be Rs 5.47 lakh crore or 36.3 per cent of the budget estimates at the end of October 2021 on the back of improvement in revenue collection, according to the data released by the Controller General of Accounts (CGA) on Tuesday. The deficit figures in the current fiscal appear better than the previous financial year when the gap between expenditure and revenue had soared to 119.7 per cent of the last year's Budget Estimates (BE) mainly on account of a jump in expenditure to deal with the COVID-19 pandemic. In absolute terms, the fiscal deficit was Rs 5,47,026 crore at the end of October, the CGA said.
The cost of debt-funds for the states has touched the highest level so far this fiscal with the weighted average cut-off crossing the 7.16 percentage points at the latest auctions, up 11 bps over the past week, reflecting the hardening yields even for the government securities. The hardening of the rates at the first auction of the quarter comes in the wake of the expected large supply of debt from the states, as indicated for Q4 at Rs 3.2 lakh crore, up by Rs 10,000 crore. Nine states on Tuesday raised Rs 18,900 crore at the latest auction of state development loans.
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