RBI's projection of retail inflation at 6.8 per cent in the current fiscal is neither too high to deter private consumption, nor so low as to weaken inducement to invest, the Economic Survey said on Tuesday. However, entrenched inflation may prolong the tightening cycle and therefore, borrowing costs may stay 'higher for longer', it said. The Economic Survey 2022-23 was tabled in Parliament by Finance Minister Nirmala Sitharaman.
Who do you think should be part of India's playing XI for the first T20 International against Australia at Mohali on Tuesday?
The Punjab Kings, who have heavily relied on skipper Shikhar Dhawan, will need their batters to step up as they face a confident Lucknow Super Giants on Saturday.
The lack of runs from their Indian batters -- Prithvi Shaw (106 runs in 8 matches), Manish Pandey (160 runs in 10 games), Sarfaraz Khan (53 runs in 4 games) and Lalit Yadav (66 runs from six games) -- proved a big factor in another below-par season for Delhi Capitals.
'Whenever Yogiji said something which was against the party line, we distanced ourselves from that.' 'He will not speak his personal opinion now.'
The government has cut windfall profit tax on export of diesel and ATF to their lowest while also reducing the levy on domestically-produced crude in line with softening international oil prices, according to an official order. The levy on crude oil produced by companies such as Oil and Natural Gas Corporation (ONGC) has been cut to Rs 4,350 per tonne from Rs 5,050 per tonne, the order dated February 15 said. Crude oil pumped out of the ground and from below the seabed is refined and converted into fuels like petrol, diesel and aviation turbine fuel (ATF).
Arguably the greatest slow left-arm bowler that the world has ever seen, Bishan Singh Bedi left an indelible impression in minds of many with a character to die for.
The passenger vehicle dispatches to dealers increased by 11 per cent in July as improvement in semiconductor supplies helped the companies to ramp up production ahead of the festive season, auto dealers' body SIAM said on Friday. Overall passenger vehicle wholesales increased to 293,865 units last month compared to 264,442 units in July 2021. Passenger car dispatches rose 10 per cent to 143,522 units in July from 130,080 units in the year-ago period.
Investors booked profits in range-bound trade, led by PSU, oil & gas, energy, infrastructure, telecom, realty, healthcare, bankex, FMCG, capital goods and power counters.
Mutual funds (MFs) are lining up distinguished new fund offerings (NFOs) for the next financial year to win over investors after a lukewarm response to product launches in the 2022-23 financial year (FY23). NFOs drew a lukewarm response in FY23 as launches were mostly in the passive debt space, which has a comparatively lower popularity among retail investors. The limited launches in equity space also failed to rake in huge sums due to subdued investor sentiments in a volatile market.
The climate conference on Saturday came out with an ambitious final draft that will commit USD 100 billion a year from 2020 to help developing countries.
There's an entire gurdwara dedicated to immigration. People present tiny airliner models here in the hope that Waheguru will soon give them a ticket, passport and visa to leave, reveals Shekhar Gupta.
Images from the ICC World Cup match between Sri Lanka and Afghanistan, in Pune, on Monday.
The government has raised the windfall profit tax levied on domestically produced crude oil as well as on the export of diesel and ATF, in line with firming international oil prices, according to an official order. The levy on crude oil produced by companies such as Oil and Natural Gas Corporation (ONGC) has been increased to Rs 2,100 per tonne from Rs 1,700 per tonne, the order dated January 2, said. Crude oil pumped out of the ground and from below the seabed is refined and converted into fuel like petrol, diesel and aviation turbine fuel (ATF).
'When you are travelling in Mumbai when the air quality is bad, you feel suffocated.' 'You may feel uncomfortable breathing Delhi air, but the level of discomfort is higher in Mumbai.'
'There is no safe spot in Gaza.' 'Israeli airstrikes are targeting everything, everywhere.' 'Hospitals, mosques, churches, schools have been bombed. These are places where people were taking shelter.'
The finance ministry on Thursday raised concerns over the possible impact of El Nio conditions on India this year, saying if recent forecasts came true, the country could see lower agricultural output and higher inflation. "Some meteorological agencies predict the return of El Nio conditions in India this year. "If these predictions are accurate, then monsoon rains could be deficient, leading to lower agricultural output and higher prices," the ministry said in its monthly economic review.
India will aim to take an unassailable lead in the three-match series when it faces a below-par West Indies in the second ODI, in Barbados, on Saturday.
The broad market depicted strength. 1,525 shares rose and 1,131 shares fell. A total of 156 shares remained unchanged
International oil prices have hit a six-month low, helping Indian fuel retailers breakeven on petrol but they continue to lose money on diesel - the most used fuel in the country, officials said. The world's best-known crude benchmark, Brent was trading at $94.91 per barrel on Thursday after concerns of a global recession led to it slipping to a six-month low of $91.51 on the previous day. The current rates are a relief to India, which is 85 per cent dependent on imports for meeting its oil needs.
Former India head coach Ravi Shastri said K S Bharat would be the 'obvious choice' of the team management for the wicketkeeper's role in the WTC final against Australia
'The India which was all about glamour and razzmatazz through which he could earn the trust of people of the other India, which was Bharat.'
Who do you think should be part of India's playing for their T20 World Cup match against South Africa on Sunday?
IMAGES from the Asia Cup Super 4 match played between India and Sri Lanka in Colombo on Friday.
One could argue that India is not troubled in the same way as China is by a declining population and structural problems in real estate/construction and finance. But India has serious trade and fiscal imbalances, and excessive dependence on capital expenditure by the government, points out T N Ninan.
Young prodigy Yashasvi Jaiswal is considered the frontrunner to make his Test debut in the West Indies, but there are other options in Ruturaj Gaikwad and Shubman Gill.
Two army personnel and 12 civilians are still unaccounted for in the worst natural disaster to have hit the northeastern state in recent times.
'Since the general election is only two years away, the BJP will need a surefire plan of action -- and it cannot be either the Ram temple or ultra-nationalism,' says Amulya Ganguli.
Returning to their den at the Chepauk, Chennai Super Kings will look to bounce back from their opening day win when they take on Lucknow Super Giants.
'It is like a chicken-and-egg situation.' 'All these product tweaks are innovative, but traders won't move unless there is liquidity.' 'And liquidity cannot be generated until traders move.'
Notwithstanding lower growth rates recorded in the first quarter (Q1) of 2023-24 (FY24), which spanned from April to June, footwear stocks have seen some gains in the past two trading sessions. Bata India saw an increase of approximately 5 per cent, driven by positive expectations surrounding a potential tie-up in the sports/athleisure segment. This development is viewed favourably due to the segment's higher growth rates.
Neeraj Chopra's rise to stardom from a Haryana village has been nothing short of spectacular.
IMAGES from the Asia Cup Super 4s match played between Pakistan and Sri Lanka in Dubai on Friday.
Mumbai bids adieu to its iconic red double-decker buses.
On the BSE, 1,650 shares declined and 1,188 shares rose
A look at how India have fared in their World Cup opening games.
Captain Harmanpreet Kaur called it a 'dream' after Mumbai Indians emerged champions of the inaugural Women's Premier League after beating Delhi Capitals in the final, in Mumbai on Sunday.
The key problem with the current generation is that most people don't understand how much is enough to lead a good life! exclaims Virender Kapoor.
The Cabinet held a detailed discussion regarding the five guarantees and its implementation, and has arrived at decisions, Siddaramaiah who headed the meeting told reporters.
