'There are Rs 90 crore worth of medicines in government hospitals, which is sufficient for the next three months.'
Delhiites woke up to a rain soaked pleasant morning on Thursday which brought down the temperature to 22.4 Celsius, six notches below the season's average.
The growth in key sectors will have implications for the Index of Industrial Production as these eight segments account for about 41 per cent of the total factory output.
Maruti's results and the investor response indicate that quite a few stocks in the auto sector could be on the verge of a big bounce, says Devangshu Datta.
India's manufacturing sector activity was largely flat in April, as rates of growth for new orders and output eased to eight-month lows amid the intensification of the COVID-19 crisis, a monthly survey said on Monday. The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI) was at 55.5 in April, little changed from March's reading of 55.4. In PMI parlance, a print above 50 means expansion while a score below 50 denotes contraction.
'The Railways must provide a rail system that they can be proud of.'
Suresh Prabhu presented the Railway Budget on Thursday.
Marking the culmination of the four-day-long Republic Day celebrations, the beating the retreat ceremony will be held on Friday evening at the Vijay Chowk in New Delhi.
The body of a 19-year-old was found hanging from a tree in a village in Moradabad district of Uttar Pradesh.
The recent India Art Fair in New Delhi generated greater interest than before in local contemporary artists among a growing cohort of Indian collectors, including millennials. But growth in Indian art is not restricted to that alone. This year saw 91 exhibitors, a much higher number than 63 in the previous edition - indicating a flourishing market. While live auction sales were largely suspended during Q2 of 2020 due to Covid-19 precautions, global fine art auctioneer Christie's says online-only sales were up 262 per cent in 2020 to $311 million), marking a record total for the channel.
The country's largest carmaker Maruti Suzuki India (MSI) is planning to invest around Rs 18,000 crore on a new manufacturing facility in Haryana, as per a top company official. The new plant would replace the company's Gurugram-based facility and is expected to have an installed production capacity of 7.5-10 lakh units per annum. While confirming the Rs 18,000 crore investment plan, MSI chairman RC Bhargava told PTI that the company had always planned to shift the Gurugram facility to a nearby location.
The Cabinet on Wednesday approved public private partnership mode for the rollout of BharatNet project for broadband services in villages in 16 states with viability gap funding of Rs 19,041 crore, Telecom Minister Ravi Shankar Prasad said. Prasad said the decision to involve private players was taken after Prime Minister Narendra Modi announced on August 15, 2020 that around 6 lakh villages in the country will be connected with broadband in 1,000 days. "The Cabinet has in-principle approved implementation of BharatNet in 16 states in a public private partnership model with total expense of Rs 29,430 crore.
India's largest carmaker, Maruti Suzuki India (MSIL), is focused on getting 50 per cent of its customers' car-financing transactions executed through its Smart Finance platform by next year. Shashank Srivastava, executive director-sales, MSIL, said this will help the company turn its website into a single-window channel through which customers can select their models, find dealers, and arrange financing. He said there is a likelihood that 100 per cent of its customers availing of financing will take it through Smart Finance. To date, the company has disbursed Rs 6,500-crore loans via Smart Finance to around 100,000 customers, accounting for 28 per cent of all finance-based car-purchase transactions for the company.
Arvind Kejriwal elected AAP legislature party leader.
Did you know that the Indian railways carries 23 million passengers every day?
The Genetic Engineering Appraisal Committee (GEAC) has recommended the environmental release of the genetically modified (GM) mustard variety DMH (Dhara Mustard Hybrid)-11, paving the way for the commercialisation of the country's first GM food crop. The GEAC said the recommendation was valid for four years from the date the approval letter was issued. Further studies and coordinated trials will have to be conducted jointly with the Indian Council of Agriculture Research (ICAR) within two years, according to the minutes of the GEAC meeting held on October 18, which was released on Wednesday.
MSI chairman R C Bhargava said auto sector would like to see GST benefits linked to greener/cleaner cars. The government gave tax cut on EVs but hybrid should be given duty cut. There should be tax cut on CNG vehicles.
The Badminton World Federation has postponed the Thomas and Uber Cup, the premier global men's and women's team championship, to be held in Denmark for three months from the earlier scheduled date in May in view of the COVID-19 pandemic.
The Bharatiya Janata Party on Monday won the Churu seat, taking the party's tally to 163 out of 200 assembly seats in Rajasthan.
As a 75-year-old septuagenarian, Bajaj Auto has adapted itself as a nod to competition, regulations, and changing buyer preference. It will continue to do so, said its managing director Rajiv Bajaj at the launch of the all-new Pulsar 250. This was in response to a question on the company's preparedness for disruption by electric two-wheeler start-ups.
At the same time, Kejriwal said the expenditure of the Delhi government was less than Rs 150 crore for a full year.
'If you want someone to resign, then I am ready to resign.'
If the vaccination drive against coronavirus is not ramped up and COVID-19 appropriate-behaviour is not maintained, there is a possibility of a third wave of the pandemic in six-eight months, said M Vidyasagar, a scientist involved in the Sutra Model which uses mathematics to project the trajectory of COVID-19.
The ministry of statistics and programme implementation on Friday released quick estimates of the Index of Industrial Production (IIP) which showed the index value at 88.4 in May against 53.6 in April, indicating a graded pickup in industrial activity. The index stood at 135.4 in May 2019.
... if high oil prices persist or stock prices correct sharply.
The brutal weeks-long heat wave has killed more than 2,000 people, authorities announced on Saturday, with the toll highest in Telangana at 541.
Modi will address the rally at village Nagla Chandrabhan in Mathura of Uttar Pradesh, which is Upadhyay's birth place.
Congress, which has given outside support to Arvind Kejriwal's Aam Aadmi Party to form government in Delhi, on Tuesday accused it of cheating the people by "manipulating" figures to give free water.
RBI's likely focus will shift back towards the resolution of non-performing loans in the banking system for reviving credit demand
One of the leading contenders in the Indian e-commerce space, Snapdeal has seen its fortunes falling amid strong competition from Amazon and Flipkart.
Government doctors were visiting severely affected areas to distribute medicine for the residents to safeguard themselves against diarrhoea and other water-borne infections.
Recent estimates show that foodgrain production in 2016-17 has touched a new record of 273.4 million tonnes or 8.7 per cent higher as compared to last year.
Besides Roy, two other directors, Ravi Shankar Dubey and Ashok Roy Choudhary, were also arrested for the failure of two group companies.
Bengal Finance Minister Amit Mitra expressed confidence in GST.
'Pruient', 'esurient', 'parturient' and everything in between.
The 9th phase of the Lok Sabha elections has 119 candidates, out of the 601 contesting, facing IPC charges registered against them.
Community kitchens punctuate the sea of farmers who have descended on the site and are in no mood to relent or retreat until their demands are met by the Centre.
The number of people who have recuperated from the disease surged to 1,45,56,209 while the case fatality rate has further dropped to 1.12 per cent, the data stated.
Services sector slowed down in May on weak economic factors.
The minister plans to reinstate the Railways as the backbone of the economy
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