India has been ranked a low 119 out of 130 countries on an index that measures business resilience.
However, NFTs and Metaverse are in their first-generation (Gen 1) or initial phase and the market is filtering the assets from the point of view of their worthiness. NFTs having real artistic value have not participated as much in the fall. Some innovations are also happening or expected going ahead, which will take this asset class to the next phase.
India's services activity expanded at the fastest rate in a year during February, while employment fell further and companies noted the sharpest rise in overall expenses, a monthly survey said on Wednesday. The seasonally adjusted India Services Business Activity Index rose from 52.8 in January to 55.3 in February, pointing to the sharpest rate of expansion in output in a year amid improved demand and more favourable market conditions. The index was above the critical 50 mark that separates growth from contraction for the fifth month in a row during February as the roll-out of COVID-19 vaccines led to an improvement in business confidence towards growth prospects.
The company is planning to bring IT operations into India which will include application development and desktop managed services.
The likes of Robin UthaManoj Tiwaryppa, Manoj Tiwary and Kedar Jadhav will get another chance to impress the selectors and push their case for a comeback to international cricket when Ranji Trophy champions Karnataka clash against Rest of India lock in a five-day Irani Trophy match, in Bangalore, starting on Tuesday.
Popcorn entertainment returns to your living rooms with quite a bang on OTT this week.
MySmartPrice has been growing about 100 per cent a year and is profitable.
Privatisation-bound Bharat Petroleum Corporation (BPCL) may sell a part of its stake in Petronet LNG and Indraprastha Gas (IGL) to shed its promoter status to obviate the need for its new owner to make open offers for the two gas companies, sources said. BPCL holds 12.5 per cent of shareholding in India's largest liquefied natural gas importer, Petronet, and a 22.5 per cent stake in city gas retailer, IGL. It is a promoter of both the listed companies and holds board positions. As per the legal position evaluated by Department of Investment and Public Asset Management (DIPAM) - the department running the process for sale of government's entire 52.98 per cent stake in BPCL - the acquirer of BPCL will have to make an open offer to the minority shareholders of Petronet and IGL for acquisition of 26 per cent shares, three sources with knowledge of the matter said.
IMAGES from Day 1 of the second Test between South Africa and India, in Johannesburg, on Monday.
'The crisis-hit brand needs to react, and react without sounding outraged or angry. '
'With nearly double the market share of our nearest competitor, we are shaping the digital transformation journey of close to 1,000 clients in India.'
Sukanya Verma offers you interesting choices from Ray to Godzilla on OTT this week.
A round-up of Day 1 of the Ranji Trophy matches played on Monday
June was a memorable month for the 101-year-old Tamilnad Mercantile Bank (TMB). Last month, the Thoothukudi-based bank witnessed two new landmarks in a history in which the last three decades could easily qualify for a Kollywood blockbuster.
A round-up of the fourth and final day's play in the Ranji Trophy matches across the country.
After a lifetime of showing us what it means to 'act at the top of one's bent and never hit a false note', Mammootty had the good sense, in the third act of his career, to pare down his style, become less mannered, draw directly from life. And getting a performer like that to play characters who seem 'completely dead inside', is, in my view, a betrayal of his legacy, his still-burning ambition, and his still-sharp feelers, observes Sreehari Nair.
The company runs 15 matrimonial websites under Bharat Matrimony and around 300 websites under Community Matrimony.
A resolute Ravichandran Ashwin and a hamstrung Hanuma Vihari battled pain and a hostile Australian bowling attack while displaying the largely extinct art of Test-saving batsmanship to snatch a remarkable draw for India in the third Test, after Rishabh Pant raised visions of an improbable victory, at the Sydney Cricket Ground, on Monday.
A user just needs to download any app floated by such fraudsters and apply for instant loans. These apps are mainly concentrated on Google Play considering the reach and popularity of Android systems.
Iivo Niskanen put on a brilliant display of cross-country skiing to win gold for Finland at the Beijing Games
The merits and demerits of the telcos' 5G strategy however is clearly dependent on the financial muscle of players, reports Surajeet Das Gupta.
Agnipath may be an exercise to address the genuine needs of the armed forces. But overall, it betrays the tendency to use the military and paramilitary for employment generation and shaping a national character, instead of treating them as the professional services they are, notes Shyam G Menon.
'The real India lives in the villages where everyone is trying to improve the other.'
Many argue that the airline could achieve its full potential if Nusli Wadia were to run it the way he does Britannia.
The government plans to bring down its stake to 26 per cent in these two banks, which are yet to be identified. This may not come in the way of getting investors for these banks, provided the government is willing to step back rather than run them the way it had been doing for over five decades since these banks were nationalised, points out Tamal Bandyopadhyay.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
India's residential market is expected to sustain demand momentum despite rise in mortgage and property rates as sales this year across the top 7 cities are likely to breach pre-pandemic level of 2.62 lakh units, industry players said. After braving four back-to-back disruptions in form of demonetisation, RERA, GST and COVID-19 in the last 6 years, industry experts feel the housing market is going through a lot of structural changes and is now at the start of a long-term upcycle. Homebuyers body FPCE gives credit to the Real Estate Regulatory Authority (RERA) under the Real Estate (Regulation & Development) Act, 2016 for this improved buying sentiment.
Debutant Shreyas Iyer was guts, aggression and flair rolled into one during an unbeaten knock of 75, which was nothing short of a baptism by fire, as India ended on 258 for four on the first day of the opening Test against New Zealand in Kanpur on Thursday.
'He's at best a holding-CEO. Not one who will re-imagine the bank,' a senior banker and former colleague tells Raghu Mohan about HDFC Bank CEO & MD Sashidhar Jagdishan.
The broadening of the market rally sends the signal that growth will be broad-based, observes Akash Prakash.
Summary of all Ranji Trophy matches played on Saturday
'There is no need to do anything, let your SIPs get deducted every month, and stick to your allocation between equity, fixed income and emergency funds and your risk covers.'
It will not be the first time that the competition has had to be held outside India.
Hasty, ill-conceived steps show how isolated Mamata Banerjee had been from the national political trend. A fascinating excerpt from Sugato Hazra's Losing The Plot: Political Isolation Of West Bengal.
Private equity (PE) is set to play a bigger role in banks. Of 21 recommendations accepted by the Reserve Bank of India (RBI) out of 31 made by its Internal Working Group (IWG), its stance on non-promoter holdings in private banks is seen with excitement, though it doesn't refer to PEs explicitly. On non-promoter holdings in these banks, the RBI said this will be capped at 10 per cent of the paid-up voting equity share capital in the case "of natural persons and non-financial institutions and entities"; and "at 15 per cent for all categories of financial institutions, entities, supranational institutions, public sector undertaking, or the government." While this is a modification of the IWG's stance for the non-promoter holding in banks at up to 15 per cent, it does open up a huge window for PEs, all the same. This is because, while the RBI has remained silent on the eligibility of industrial houses for bank licences, fresh high-quality capital in large amounts can only come from PEs.
A pro rata expansion of that number for 100 Gw means investing that much every year.
Raamdeo Agrawal says, an investor should figure out if the company actually makes money or not, making an investment comes later.
'In AAP, those who are in charge of a particular state provide information to Arvind Kejriwal. 'In the BJP, several organisations convey what is happening on the ground to the top leadership.' 'There are so many channels through which issues are being understood.'
Allotment could be low, and expected listing-day gains can quickly morph into losses if sentiment takes a turn for the worse
When, recently, Bharti Airtel announced a Rs 21,000 crore rights issue, analysts pointed out that its structure was similar to that of Reliance's issue in June 2020. One similarity is that shareholders in both companies have to pay only 25 per cent of the money on application. The rest is to be paid in two tranches. In Bharti Airtel's case, it is within 36 months; in Reliance Jio's, it is within 17 months.
