Scenario is precarious for urad with almost half the crop damaged in major growing states, tur quota of 400,000 tonnes already exhausted.
M&M was the top gainer in the Sensex pack, rallying around 6 per cent, followed by PowerGrid, Tata Steel, IndusInd Bank, Reliance Industries, HCL Tech, ONGC and Infosys. On the other hand, Bajaj Auto, Asian Paints, Sun Pharma, HDFC and Nestle India were among the laggards.
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.
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.
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
Rising rupee, local freight make export less competitive.
This is one of the largest monthly increases in the labour force, observes Mahesh Vyas.
The uptick in prices ranging from steel to wheat could benefit lots of commodity-based companies -- from State-owned SAIL to the agro exporters.
The global economy is fragile now. It continues to face both long-term and short-term issues.
'The deaths of the children in the Gambia would batter India's reputation as the developing world's pharmacy.'
Bilateral trade with the US is less than eight per cent of India's total trade basket.
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.
During this time of the year, potatoes and vegetables come from Punjab and Haryana.
Employment fell by 2.5 million in February, 0.1 million in March, 7.4 million in April and then by 15.3 million in May, explains Mahesh Vyas.
