Shankar Prajapati, a 57-year-old potter in Dharavi, has given up hope of getting a bigger house for his family. He lives cheek by jowl in a hutment measuring 200 square (sq.) feet (ft) in the nondescript shanty town. "We have surrendered to our fate. We cannot wait forever for better accommodation. "Perhaps we are not meant to dream big," despairs Prajapati. Raju Korde, president, Dharavi Redevelopment Committee, and a local resident, agrees with Prajapati.
The timings clocked and records in this meet, which is being contested in a 25m swimming pool, are different from the more traditional long course ones.
Real estate developers are sitting on around 7.85 lakh unsold housing units across eight major cities and it will take them 32 months to clear these stocks at current sales velocity, according to PropTiger. However, in Delhi-NCR residential market -- which has been adversely impacted due to defaults of many big builders like Amrapali, Jaypee Infratech and Unitech -- it will take 62 months to sell over 1 lakh unsold housing units. Housing brokerage firm PropTiger.com data showed that unsold housing inventory has increased to 7,85,260 units as on September 30, 2022 from 763,650 unsold units at the end of previous quarter.
Feeble demand in rural areas of the country has affected sales of fast-moving consumer goods (FMCG) in September as compared to August, which saw heavy stocking ahead of the festival season, according to the data of Bizom, a retail intelligence platform. Sales in rural India fell 14.3 per cent while urban sales growth stood at 1.1 per cent in September as compared to the previous month. Overall FMCG sales fell by 9.6 per cent in September as compared to August.
Real Madrid produced a stunning comeback from two goals down to earn a devastating 5-2 victory at Liverpool
After the Covid-19 pandemic that derailed the economy since 2019, the Durga Puja festival in West Bengal is back with an estimated 20-30 per cent jump in festive spending. Retail sector is the key contributor to the state's Durga Puja economy which was Rs 32,377 crore in 2019, according to a British Council study conducted for the state government. Retail accounts for 85 per cent of the total puja economy and the rest is shared among pandal making, decoration, illumination, entertainment, advertisement, food & beverage and others.
That means a manufacturer looking at a market like India needs to decide whether small, cheap cars or small, expensive cars or both will work better for them, says Pavan Lall.
Urban employment rate increased to 34.96 per cent in February. This is the highest employment rate recorded in urban India since September 2020.
India's golfer Anirban Lahiri endured an erratic day at the course and was even-par after 16 holes in second round of the Tokyo Olympics, which was suspended due to persistent thunderstorms over the east course of the Kasumigaseki Country Club in Tokyo on Friday.
The young pace bowling unit will look to pick up pieces from the hammering they suffered in the second T20 against Sri Lanka in the series-deciding third and final match in Rajkot on Saturday.
Barcelona winger Raphinha secured a 1-0 win in LaLiga for the second straight week this time at Athletic Bilbao as his side tightened their grip on top spot.
India's economy grew by 13.5 per cent in the first quarter of the current fiscal, mainly due to the base effect, official data showed on Wednesday. The gross domestic product (GDP) had expanded by 20.1 per cent in the corresponding April-June period of 2021-22, according to data released by the National Statistical Office (NSO). Many analysts had projected the Indian economy will expand at a double-digit growth rate due to the base effect.
The drop in net interest margin will separate the men from the boys, explains Tamal Bandyopadhyay.
'It will send a very strong signal that it is now our time to grow.'
The federal probe agency also made a fresh arrest in this case as it took into custody Hyderabad-based liquor businessman Arun Ramchandra Pillai, they said.
Booted out by his beloved Manchester United, suspended by the Football Association and deemed over the hill by many, Cristiano Ronaldo answered everything in the best possible fashion with another record-breaking display on Thursday.
Global credit rating agency Fitch upgraded outlook for the Indian telecom sector from 'negative' to 'stable'.
"Really happy with the way things went till now, would have loved to have a full game here and as Siraj said the weather is not in our hands," he said.
Let's wait for the monetary policy on February 8 -- to see how it complements the fiscal commitments, points out Tamal Bandyopadhyay.
Everyone must sample these tiny pan-fried idlis stuffed with onions or vegetables once before they die.
'Favourable product mix, sales recovery, and cost saving initiatives are expected to support margins going ahead while focus on debt reduction (target of debt free by FY24) will aid balance sheet strength'
Though the Patidar-dominated Morbi Assembly seat in Gujarat is considered a stronghold of the Bharatiya Janata Party, the poll equations this time may change due to many factors, including the recent bridge tragedy which claimed 135 lives, political observers say.
Bayern Munich stumbled to a 1-1 draw against visiting Eintracht Frankfurt on Saturday to leave them with only a slim Bundesliga lead after being held for the third game in a row with the same scoreline.
An increase in government spending on the healthcare sector - from the current 1 per cent to 2.5-3 per cent of GDP - as envisaged in the National Health Policy 2017 could reduce out-of-pocket expenditures, as per the Economic Survey 2020-21. The rise in public spending can lead to a reduction in expenditures from 65 per cent to 30 per cent of overall healthcare spend, it noted. The Economic Survey said that for the country to effectively respond to future pandemics, the country's health infrastructure needs to be agile. Given its potential to provide healthcare access in remote areas, telemedicine needs to be harnessed to the fullest by especially investing in internet connectivity and health infrastructure, it added.
A roundup of the Vijay Hazare Trophy one-day matches played on Wednesday
IMAGES from the IPL 2022 game between Punjab Kings and Gujarat Titans in Navi Mumbai on Tuesday.
Europa League kings Sevilla breezed past Manchester United into the semi-finals of their favourite competition as Youssef En Nesyri scored twice
A rising rupee is a tailwind for dollar investors.
Houseful signs were visible on online booking apps as well as physical boards all over again. It has been ages since one has seen a phenomenon like this.
The navy is pushing hard for IAC-2 to be a 65,000-tonne, flat deck carrier that is designed and built in India, with technical and tactical consultation from the US navy -- the global masters in aircraft carrier operations.
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.
From shining in age-group and league cricket in Chennai to a breakout season in Tamil Nadu Premier League (TNPL) before being fast-tracked into the state white-ball teams, things have moved rather swiftly for B Sai Sudharsan as he broke into the IPL.
Asserting that he is neither retired nor tired, Singh says the urge to make Punjab and the country a better place keeps him going at this age.
Kamalpreet Kaur, who qualified for the Olympics discus throw finals at second place with an impressive performance on Saturday, told her father that she would give her best to win a medal at the Tokyo Games.
'Consumers are willing to increase travel spends by 20-30 per cent versus pre-pandemic.'
Sidharth is waiting... Sharvari feels hot... Parineeti meditates...
The only thing that might justify a response is the desperate state of Pakistan's economy and how its people are suffering. But it's better to be heartless for now, argues Shekhar Gupta.
The move towards indigenisation of defence procurement creates new opportunities for India's military industrial sector. The Government of India (GoI) has so far released five lists of items for positive indigenisation - these should be manufactured in India, rather than imported. Each item on these lists represents an opportunity for some local firm.
Bajrang Punia settles for silver after withdrawing from final d,ue to injury
'He wanted to learn all the time.'
