'The deaths of the children in the Gambia would batter India's reputation as the developing world's pharmacy.'
Stock exchanges have increased scrutiny of investors domiciled in Sikkim, following reports of illegal routing of investments through the Northeast state to evade taxes. The National Stock Exchange (NSE) has directed its trading members (brokers) to re-verify and certify investors who have declared their permanent address as Sikkim. Further, brokers have been told to maintain a vigil on the location of devices used by Sikkim-based clients for trading to ensure these are genuine investors from the region.
'If the third wave of Covid infections is as bad as the second one, the market may get very polarised with a preference for blue-chips with low volatility.'
Work in mandis across UP and in northern India which till Tuesday, witnessed heavy arrivals of newly harvested paddy, saw a steep decline.
The rupee depreciated 6 paise to 77.50 against the US dollar in the opening trade on Wednesday as a surging American currency in the overseas markets and persistent foreign fund outflows weighed on investor sentiment. Besides, rising global crude prices impacted the domestic unit, forex traders said. However, a higher opening in the domestic equity market restricted the rupee's fall, they added.
According to sources, all private offices will work from home and only government offices and essential services will be open.
However, in some markets of the city meat is anyways not sold on Tuesdays as this day of the week is considered auspicious by many Hindus.
A single format and simpler, uniform rules would have kept the service going. In other parts of the world including in the US, managing demand and capacities along with ensuring preventive measures were an issue, but there was hardly any administrative hurdle anywhere.
"India's middle class, small traders and farmers are the lifelines of its economic growth. By catering to these ambitions #Budget2019 infuses hopes for millions of dreams."
'India has entered an economic super-cycle driven by a housing cycle turnaround.'
According to experts, the banning of the apps has created negative sentiments and reduced the confidence among the Chinese investors to invest in India.
E-vyapar.com to help small businesses manage inventory & accounts online.
The final policy may be out only after formation of the new government, according to sources
The cumulative loss of salaried jobs since the pandemic is even larger at 12.6 million, reveals Mahesh Vyas.
While brick-and-mortar retailers have been the most vocal in their protests, e-tailers do not seem to be in a hurry.
UltraTech Cement was the top loser in the Sensex pack, shedding around 3 per cent, followed by M&M, HDFC Bank, IndusInd Bank, Axis Bank and Reliance Industries. NSE Nifty fell 50.80 points or 0.38 per cent to 13,478.30.
Nivedita Mookerji explains why a timely rollout of 5G may not be easy in India.
While acknowledging Shivaji's naval contributions, questions are being raised about the inadequate acknowledgement of Chola sea-power in southern Tamil Nadu, which dates back by a few centuries, explains N Sathiya Moorthy.
This is one of the largest monthly increases in the labour force, observes Mahesh Vyas.
'The norm will be even less public accountability, even less transparency, tweets instead of press conferences, TV lectures rather than parliamentary debate, and greater political authoritarianism,' predicts Sunanda K Datta-Ray.
In the Sensex pack, major gainers were Tech Mahindra, Wipro, Bajaj Finserv, Infosys, SBI and PowerGrid. NSE Nifty rallied 237.90 points to 17,339
Because they have become too big and pervasive and the time to regulate is long gone, points out Debashis Basu.
Banks argued that the competition to import gold on behalf of jewellers is increasing.
Tata Steel was the top loser in the Sensex pack, shedding around 4 per cent, followed by Kotak Bank, Bajaj Auto, M&M, Bharti Airtel, Reliance Industries, IndusInd Bank and Maruti. NSE Nifty declined 70.75 points to close at 16,983.20.
When journalism is destroyed, what is destroyed is a common man's weapon against the might of the establishment, notes Sumit Bhattacharya.
A head of its meeting, the Reserve Bank of India (RBI) can take some solace from the softening food commodity prices. However, the events surrounding the last few weeks show that the fall may not be uniform across all commodities, and cereals like wheat and rice could be the outliers. A Reuters report said that local wheat prices jumped to a record Rs 23,547 per tonne on Wednesday. That is a 12 per cent rise from the recent lows that followed the government's surprise ban on exports on May 14.
The Antiguan prime minister had told Indian government that even criminals have fundamental rights and Choksi, too, has the right to go to court and defend his position, adding, once all legal options are exhausted, he will be extradited.
The rupee had weakened by 23 paise to end at 63.51 against the American currency on Wednesday on month-end dollar demand from oil companies and persisting selling by foreign funds in stocks.
India is looking to tap its diplomatic missions abroad to enable grain exporters in the country to ship out wheat and corn as supplies from Russia and Ukraine are expected to remain disrupted for some time to come. Between the two items, pushing for wheat is easier because of a huge domestic surplus. "We are hand holding our exporters and support from various Indian missions abroad is also being channelised accordingly," a senior government official said. Global wheat prices have jumped since the Ukraine crisis started, with wheat futures in the US reaching their highest levels since 2008.
The banned apps include Baidu, Baidu Express Edition, Tencent Watchlist, FaceU, WeChat Reading and Tencent Weiyun, besides PUBG Mobile and PUBG Mobile Lite, according to an official statement.
Nothing much has changed since the first Kamasutra condom commercial aired in 1991.
In order to check the abnormal surge in edible oil prices during Diwali festivities, as many as 18 states are in the process of imposing stock holding limits on oilseeds and edible oils after being empowered by the Centre for doing so. Of the 18 states that are in the process of imposing stock limit on my edible oils apart from UP, include Rajasthan, Gujarat, Maharashtra, Odisha, Kerala, Jharkhand, Chhattisgarh, Andhra Pradesh, Tamil Nadu, Tripura and the Union Territory of Chandigarh. Of the 18, Uttar Pradesh, has already imposed stock limits on edible oils, the Centre was informed with as many as 23 states to discuss ways and means to ensure further easing of edible oil prices.
HDFC Bank was the top loser in the Sensex pack, shedding over 3.5 per cent, followed by Bajaj Finance, L&T, HDFC, Bajaj Finserv, HDFC and Kotak Bank.
Tata Steel was the top gainer in the Sensex pack, climbing 2.11 per cent, followed by Infosys, HDFC Bank, HDFC, Kotak Bank, M&M and PowerGrid. NSE Nifty jumped 142.05 points to end at 17,605.85.
From virtual yoga to empathy, the pandemic has prompted the e-commerce giant to double down on building innovations focused on improving remote work culture especially employee well-being, both mental and physical.
"Some people think I said something negative against Amazon. If you look at the context of my statement, I said investment should come within the law and regulations. This process is followed across the world," the minister told reporters in Ahmedabad when asked to comment on his statement.
The development comes amid a growing clamour for the boycott of Chinese products in India, combined with the government's push for Aatmanirbhar Bharat.
Retailers are also demanding that home delivery across all forms of retail should be allowed to ensure a level playing field.
This divisiveness is upsetting social cohesion and can throw the bright young people thronging to Bengaluru with billion dollar ideas in their creative minds off balance, warns Shekhar Gupta.
Gold exchange traded funds (ETFs) witnessed a net outflow of Rs 248 crore in February, making it the second consecutive month of withdrawals as investors preferred equities over other segments on record SIP flows. Net outflows from the gold ETFs were at Rs 452 crore in the month of January. Prior to that, the asset class had seen a net investment of Rs 313 crore, according to the data of Association of Mutual Funds in India (Amfi). Despite the outflows, the category witnessed an increase in net assets under management (AUM) of gold ETFs to Rs 18,727 crore at the end of February from Rs 17,839 crore in January-end.
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