After unseasonal rains, supply disruptions and pandemic-induced woes pushed retail inflation well over the Reserve Bank's comfort zone in 2020, the scenario is likely to stay that way at least in the short term as economic recovery slowly gains foothold. For most part of this year, pricier food items pushed the retail inflation, based on Consumer Price Index (CPI), higher in the range of 6.58-7.61 per cent, except for March when the reading was 5.91 per cent. Experts believe retail inflation is likely to average around 6.3 per cent this fiscal and mostly will remain sticky going forward owing to pick-up in demand across sectors.
The reputation of corporate America after the economic crisis has turned positive.
The Reserve Bank has notified that all transfer of stake or interest in an oil and gas field to non-residents will be treated as FDI and will have to be reported under Foreign Exchange Management Act (FEMA).
Bilderberg, which has been called the high priests of glabalization, is accused of running a shadowy global government.
Thanks to a $5.7 billion deal with Facebook, a Rs 53,125 crore rights issue and more stake sale to companies such as Saudi Aramco, the target is likely to be achieved by December.
The theme for this years conference is 'India: Gaining Momentum'.
The Chief Judicial Magistrate probing the mysterious death of Deputy Chief Medical Officer Y S Sachan in district jail hospital in Lucknow has summoned the jailor and sought the post-mortem report and its video recording.
RIL, which had made four consecutive gas discoveries with close to 500 billion cubic feet of in-place reserves in block, proposed immediate relinquishment, its minority partner Hardy Oil and Gas plc of UK said on Wednesday.
RIL has more than half a dozen undeveloped discoveries.
The commission asks for notification to be deferred; RIL's KG-D6 pricing issue may return to Cabinet
Former India captain Col. Balbir Singh and Arjuna awardee Sita Gusain Mehta have been retained in the newly-constituted 10-member selection committee announced by Hockey India, in Delhi, on Wednesday. Apart from Balbir and Sita, none of their former colleagues -- BP Govinda, Muneer Sait and Arjuna awardee Madhu Yadav -- found a place in the new panel, which has three female representatives in Rekha Bhide, Rajbir Kaur and Sita.
Additional District and Sessions Judge BP Verma directed that Sen be released on a personal bond and surety of Rs 50,000 each, three days after the activist, who was sentenced to life imprisonment on sedition charges for helping Naxals set up a network, was granted bail by the apex court.
The BSE market breadth was positive. Out of 3,004 stocks traded, 1,605 advanced while 1,277 declined.
Shutting of stores had not stopped alcohol sales. On the contrary, it had increased black market operations and peddling of illicit hooch, which could cause death/serious injury.
The Vedanta group on Wednesday confirmed putting in a preliminary expression of interest (EoI) for buying the government's stake in Bharat Petroleum Corp Ltd (BPCL).
It looked as if the BJP was hoping to use Rajinikanth to press their seat-bargain with the AIADMK. Now with the Rajini bait gone, the question now is not how much the BJP would settle for, but how much the AIADMK would be ready to offer, notes N Sathiya Moorthy.
The company is in talks with BG India and Italian E&P major, ENI.
Walmart CEO Douglas McMillon came first in the CEOWORLD magazine's global ranking of the best chief executives across all industries for 2019.
Chapati in addition provides fibre from whole grain cereal whereas rice is a refined cereal, without fibre content, says Komal Jethmalani.
Keeping your blood pressure under control can be quite a task. Try out these foods to make sure it doesn't shoot up.
Asian Games silver medal-winning sailor Sweta Shervegar, a qualified homeopath, dons a PPE kit to become a COVID warrior in Mumbai.
Dhirubhai may or may not have owned the government; it would seem his son wants to own the market, notes T N Ninan.
While rate cuts may increase churn between banks, these may not boost credit offtake meaningfully.
In HDFC Life, the company has to pare 1.43 per cent, and in HDFC Ergo, it has to pare only 0.58 per cent.
The entire effort to artificially bury the Bhopal legacy is misguided. Unfortunately, the legacy lives on. Justice demands that it is brought to an honourable, dignified closure in a fair and transparent manner. The Group of Ministers has failed to do that, writes Praful Bidwai.
Saudi Aramco had right from the beginning resisted the price tag Reliance had put for the 20 per cent stake in O2C business, which comprises the company's twin refineries at Jamnagar in Gujarat, petrochemical plants and 51 per cent in fuel retailing venture.
Salman Khan does not always make for a good interview, but he can be entertaining when he's being interviewed.
Reliance Industries Ltd (RIL) said on Wednesday that the government's move to disallow it recovery of certain costs relating to the D6 gas block in the Krishna-Godavari basin (KG-D6) did not amount to a penalty and was also not in line with the contract the two had signed.
Billionaire Mukesh Ambani-run Reliance Industries Limited began gas production from the Krishna-Godavari basin in April, 2009, and its 60 million standard cubic metres per day output led to a 75 per cent jump in natural gas availability in the country to 140 mmscmd.
According to Fitch rupee is expected to weaken to 72 to a dollar by the end of December 2019, and further to 73 by December 2020, from 69.82 to a dollar in end December 2018.
'Unfortunately, the most likely outcome is that they will press India to give in to the ISI, or, equally disastrously, ask for Indian troops to join them in Afghanistan.'
FB deal puts RIL on course to be debt-free next year; Reliance Retail biggest gainer from WhatsApp, JioMart arrangement.
The six-month moratorium on deep-water drilling in the Gulf of Mexico is likely to delay the deployment of idle rigs by Aban Offshore and impact the day rates for support vessels that companies such as Great Offshore supply.
Get Ahead readers suggest how tragedies related to drunk driving cases can be avoided. Share your suggestions!
State-owned Oil and Natural Gas Corp has bid for Russia's Trebs and Titov oilfields and is pitted against local giant LukOil and a venture owned by energy major BP Plc for rights to develop the giant reserves.
BP spokesman Mark Proegler said that the oil major had approved a test of Costner's Ocean Therapy device to help the company clean up the Gulf after its Deepwater Horizon drill rig exploded and began spewing oil into the water.
Crude oil's long price slide might be ending, feel some experts. Last Friday, the price of Brent crude, seen as a benchmark for what India uses, saw a low of $75.3 a barrel - it is now trading around $79. The fall has been nearly a third from its high seen in June, only five months earlier.
As part of our weekly series on dating, we bring you the dos and don'ts of the love game broken up into different career choices. Today: The Hazards of Dating a Doctor!
Chances of a rate cut in April improve if core inflation continues to ease, growth falling below the projected 7.2% for FY19 and if the global trade slowdown exacerbates.
Second setback for the company in less than a month.
