India Inc is gearing up for a slugfest this year and from tech to paints, new battlegrounds are emerging, observes Indrajit Gupta, co-founder, Founding Fuel.
The economic growth may have slowed to 3.5 per cent in fourth quarter of 2021-22 from 5.4 per cent in the previous three-month period due to the impact of higher commodity prices on margins, decline in wheat yields and on higher base, Icra Ratings said on Monday. The agency said the hiccups in the recovery of the contact-intensive services attributable to the third wave of Covid-19 in the country may have also affected the economic growth in the quarter. Even the gross value added (GVA) at basic prices (at constant 2011-12 prices) in Q4 FY2022 seems to have eased to 2.7 per cent from 4.7 per cent in Q3 FY2022, it said.
Rediff.com Contributing Photographer Pradeep Bandekar encountered these stars on Monday.
AAP alleged that the BJP had struck a deal with the "conman sitting in Tihar''.
On the cusp of his 100th Test, Cheteshwar Pujara, the quiet warrior of Indian cricket, always ends up winning the race.
Former West Bengal governor Jagdeep Dhankhar's subsequent elevation set a new benchmark for the actions of those who occupy Raj Bhavans, observes Aditi Phadnis.
Injury due to self-cleaning of ears with Q-tips or sharp objects like pencils, pins, forceps also contribute to hearing loss, warns Dr Aditi Sinha.
Bollywood celebs attend publicist Rohini Iyer's party.
The impact of fiscal measures announced by the government to contain inflation will be seen in the next few months because of the base effect, reports Indivjal Dhasmana.
Director Neeraj Ghaywan explains why his cinema challenges the traditional notion of good and evil.
From going de-glam to flaunting their luscious tresses, our gorgeous actresses have been setting the social media on fire during this lockdown with their strong selfie game.
The Centre and states are likely to budget for higher market borrowings to the tune of Rs 2.3 lakh crore next fiscal even though the Union budget may peg a lower-than-expected fiscal deficit for the Centre at 5.8 per cent of GDP, says a report. Icra Ratings anticipates higher redemptions will lead to gross market borrowings of the Centre to rise to Rs 14.8 lakh crore and of the states to jump by Rs 1.6 lakh crore to Rs 9.6 lakh crore, taking the combined borrowings (of the Centre and the states) to Rs 24.4 lakh crore in FY2024, up by 2.3 lakh crore from FY23 combined. In FY23, the Centre's gross borrowings are budgeted at Rs 14.1 lakh crore and of the states at Rs 8 lakh crore, or a combined borrowing of Rs 22.1 lakh crore, according to the agency.
Ola Electric will roll out its complete offering of electric scooters and motorcycles in each segment of the market - premium, mass premium, and economical - in the next 12 months in a bid to push for a near-full conversion of the two-wheeler market to electric in three years. According to Bhavish Aggarwal, founder and CEO of Ola Electric, "ICE (internal combustion engine) products will fall off a cliff." He also says the company is aiming to become profitable next year.
A look at India's schedule at the Tokyo Olympics on August 6, 2021.
Of the 59 seats, the BJP had won 51 in the 2017 Assembly elections, four had gone to the Samajwadi Party, and three to the Bahujan Samaj Party.
Ever since Nitish embarked on the slippery path of trying to unite the Opposition against the BJP, he has repeatedly rebutted suggestions that the exercise was aimed at bringing himself centre stage. The problem is: It is not enough if he says so. Others have to say so as well, especially Congress, observes Aditi Phadnis.
The system of 'selecting' an election commissioner, which is before the Supreme Court, must be institutionalised.
Rating agencies Crisil and Icra on Monday revised down their India growth projections for the current fiscal and the second quarter mainly due to the ripple effect of slowdown in global growth and mixed crop output. Crisil downgraded the India growth forecast by 30 bps to 7 per cent while Icra pegged the economic expansion at 6.5 per cent for the second quarter of FY2022-23. "We have revised down our forecast for real gross domestic product growth to 7 per cent for fiscal 2023 from 7.3 per cent, primarily because of the slowdown in global growth that has started to impact our exports and industrial activity.
India has been relatively insulated from the severe headwinds in the West. However, with a third of the global economy expected to slip into recession in calendar year 2023, the impact will strongly be felt on India's exports and trade economy, leading economists said in a panel discussion at the Business Standard BFSI Insight Summit in Mumbai on Wednesday. The panel comprised former Reserve Bank of India executive director and former Monetary Policy Committee member Mridul Saggar, State Bank of India Chief Economic Advisor Soumya Kanti Ghosh, Citibank India Chief Economist Samiran Chakraborty, ICRA Chief Economist Aditi Nayar, and IndusInd Bank Chief Economist Gaurav Kapoor. The topic of the panel discussion was No recession in sight: Is India decoupled from developed economies?
Bollywood actor Nora Fatehi was on Thursday questioned for nearly five hours by Delhi Police's Economic Offences Wing for investigation in connection with an extortion case linked to alleged conman Sukesh Chandrashekhar, officials said.
Film and telly folk are chilling at home during the lockdown, and they have delightful furry company!
The minister apologised on Monday after the incident drew flak from the sports community.
