'He has been one of the clearest thinkers in the history of business.'
The high point of the 19 Shastri months was the 22-day war that he fought against great odds and won in principle, even if military historians often call it a stalemate. Pakistan saw a great opportunity to conquer Kashmir and lost. It was the last time they had the relative strength militarily and diplomatically to take Kashmir. Shastri's resolve buried that dream forever, points out Shekhar Gupta.
Geopolitical tensions, trade policy uncertainties, volatility in international commodity prices and financial market uncertainties pose considerable risks to India's economic growth in the coming year, the finance ministry cautioned on Wednesday. "Global trade continues to be affected by uncertainty in the policy environment... tariff-related developments in multiple countries have heightened trade-related risks, affecting investment and trade flows globally.
India's economy is projected to grow between 6.3 per cent and 6.8 per cent in FY26, according to the Economic Survey 2024-25, tabled in Parliament on Friday. The survey highlights that the country's economic fundamentals remain strong, supported by a stable external account, fiscal consolidation, and private consumption. It noted that the government plans to strengthen long-term industrial growth by focusing on research and development (R&D), micro, small, and medium enterprises (MSMEs), and capital goods.
Under the direction of the ministry of external affairs, the Humanitarian Assistance and Disaster Relief (HADR) efforts are being progressed in conjunction with Headquarters Integrated Defence Staff, the Indian Army, the Indian Air Force and the National Disaster Response Force, the defence ministry stated.
Ride-hailing unicorn Rapido is quickly scaling up its four-wheeler segment, which now contributes up to 25 per cent of its total bookings. Aravind Sanka, Rapido's cofounder, in a video interview with Udisha Srivastav/Business Standard, shares insights on the company's plans to expand into the segment, how BluSmart's exit has created an opportunity for the company, its push towards green mobility, and navigating state-specific policies.
A number of videos of the incident surfaced on social media showing the fire with intermittent explosions taking place at the site and people running helter-skelter to save themselves.
So far, over 30 people have died across Northeastern states due to heavy rainfalls, floods and landslides, according to media reports.
A wedding in Lucknow was disrupted when a leopard entered the banquet hall, leaving a forest official injured and the bride and groom stranded in a car for hours. The leopard was eventually caught and tranquillized after hours of efforts. Samajwadi Party chief Akhilesh Yadav criticized the BJP-led state government over the incident, blaming human encroachment in forests for the increasing incidents of wild animals entering urban areas.
'My God, we could win half the world over just by our food alone.'
'Everyone with a low BMI will not get Type 5 diabetes.'
'I am smitten with Tokyo's eclectic mix of modern cosmopolitanism and old world Japan,' confesses Dinesh Raheja.
According to the officials, generally, a passenger is not served more than 100 ml of liquor during a flight.
According to a parliamentary response by the Union health ministry in 2023, around 654,000 families in Delhi are eligible to enrol under the scheme.
Rajya Sabha MP Kapil Sibal has congratulated both the previous UPA government and the current dispensation for the extradition of Tahawwur Hussain Rana, the mastermind behind the 2008 Mumbai attacks. Sibal expressed confidence that the extradition will shed light on the involvement of individuals within Pakistan's establishment in the attacks. Rana is being questioned by the National Investigation Agency (NIA) to uncover the full extent of the conspiracy behind the deadly 2008 terror strikes. Sibal highlighted the efforts of the UPA government in establishing the NIA and pursuing Rana's extradition, and also acknowledged the current government's success in bringing him back to India. The interrogation is expected to focus on Rana's potential ties to the Lashkar-e-Taiba (LeT) and his role in the Mumbai attacks.
More than 30 technology startups, collectively valued at $100 billion, are poised to go public by 2027, signalling a potential rebound in India's stock market activity, according to a report by investment bank The Rainmaker Group. Walmart-owned Flipkart, financial technology (fintech) leader PhonePe, SoftBank-backed Lenskart, Razorpay, Zetwerk, and Meesho are among the top companies preparing to go public in India.
Virat Kohli faces SM ire over the price of bhutta served at his restaurant.
Reserve Bank of India (RBI) Governor Sanjay Malhotra said the repo rate cut in the February meeting of the monetary policy committee (MPC) was due to inflation aligning with the target and recognising the fact that monetary policy is forward-looking.
On-demand convenience platform Swiggy's food delivery business has turned profitable, making it one of the very few global players in the sector to achieve such a feat in less than nine years since inception, company CEO and co-founder Sriharsha Majety said on Thursday. Bullish on India's journey of eating out and food delivery, Majety, in a blogpost, said, Swiggy is "very sanguine about the growth potential over the next two decades" and would continue to drive further growth in food delivery. "Our sharp focus on innovation, coupled with strong execution has led to yet another milestone.
Indian rescue personnel are being lauded for their compassion and expertise in assisting with the recovery efforts in earthquake-stricken Mandalay, Myanmar. The story of a Muslim family resisting initial attempts to recover a deceased loved one from the rubble, ultimately accepting the help of Indian rescuers who preserved the dignity of the woman's final posture in prayer, highlights the sensitivity and skill of the Indian team. The NDRF has rescued around 30 bodies and is working tirelessly in different locations, including the historic U Hla Thein monastery and Ganga Ghat Hindu Temple, where many are still missing. The Indian Army has also set up a field hospital, treating over 200 patients, and providing food to earthquake victims.
Delhi Chief Minister Rekha Gupta has apologized for using the slang term "thulla" to refer to lower-rank policemen in a recent speech. She said it was not her intention to belittle or denigrate police personnel and that she has immense respect for them. She also attributed her past controversial comments on social media against opposition leaders to her lack of maturity then, saying she is not afraid to accept her mistakes. The opposition Aam Aadmi Party (AAP) has strongly criticised Gupta for her remarks in the Assembly on March 28, which it called were an insult to police personnel.
'We are seeing signs of improvement in rural overall in terms of demand, but I would still keep my fingers crossed.'
Domestic rating agency ICRA on Monday said Indian companies are likely to clock 7-8 per cent revenue growth during the March quarter of the current fiscal year, led by revival in rural demand and uptick in government spending. ICRA expects the private capital expenditure (capex) cycle to remain measured in view of the uncertainties around geopolitical developments and relatively subdued outlook on merchandise exports from India.
On its 177th anniversary, Utkarsh Mishra explores the history and relevance of The Communist Manifesto.
'The finance minister has done as much as she can when you look into the fiscal constraints she had.'
Temasek is nearing a deal to acquire a 10% per cent stake in Haldiram Snacks Foods, valued at $10 billion.
Recent documents by NITI Aayog and periodic labour force surveys on employment show that the importance of agriculture is rising in the Indian economy.
Amid the Bharatiya Janata Party's sweeping victory in the Delhi assembly polls, Chief Minister Atishi and three ministers in the outgoing Aam Aadmi Party government -- Gopal Rai, Mukesh Ahlawat and Imran Hussain -- managed to secure wins on Saturday, offering a rare consolation for the party as its big guns, including Arvind Kejriwal and Manish Sisodia, suffered defeats.
'Right now, we have no relationship with Pakistan. And the relationship with China is not great.'
For the past 22 days, a 24-year-old from a Haryana village has been in a standing position round-the-clock, in what villagers claimed began with praying for the victory of Bharatiya Janata Party candidate Rekha Gupta in Delhi polls and later that she should become the chief minister.
The National Investigation Agency (NIA) has begun questioning Tahawwur Hussain Rana, the mastermind behind the 2008 Mumbai terror attacks, to uncover the larger conspiracy behind the deadly strikes. Rana, who was extradited from the US, is being held at the NIA headquarters in New Delhi. The interrogation is focused on his possible connection with the Lashkar-e-Taiba (LeT) and his suspected links with the Pakistani spy agency Inter-Services Intelligence (ISI).
Fast-moving consumer goods (FMCG) distributors' association has written to the finance ministry, highlighting concern over fund utilisation and fund accumulation by quick commerce companies and deep discounting of goods on their platforms. According to a recent letter seen by Business Standard, All India Consumer Products Distributors Federation (AICPDF) noted that its analysis indicated that approximately 80 per cent of these funds were directed toward customer acquisition strategies instead of creating cutting-edge innovations or sustainable growth models for the retail sector.
Online food delivery platforms Zomato and Swiggy have hiked platform fee in certain cities in the midst of festive season. The two rivals are now charging Rs 10 as platform fee in the national capital.
The Reserve Bank is unlikely to ease the benchmark policy rate during 2024 given the uncertainty over food inflation, State Bank of India (SBI) chairman C S Setty has said. The US Federal Reserve's first cut in interest rates in more than four years is expected soon, triggering central banks in other economies to follow suit. "On the rate front, a lot of central banks are taking independent calls.
India on Saturday delivered 15 tonnes of relief materials to Myanmar under its 'Operation Brahma' that was launched after a powerful earthquake hit the neighbouring country as well as Thailand.
Mouthwatering pani puris, delicious jalebis, parathas, chole bhature, gulab jamuns and motichoor ladoos...these foodies in the capital are serenading our taste buds and how!
Sanjay Malhotra takes charge as the 26th RBI governor at a time when headline retail inflation has shot up to 6.2%.
A 23-year-old man, identified as Afan, has been arrested for allegedly killing six people, including his 13-year-old brother, in Kerala. Police suspect that Afan was under the influence of drugs and have found evidence of drug use. The murders took place across three houses in the Venjaramoodu area near the state capital. Afan's mother, who survived the attack, is hospitalized. The victims also include Afan's grandmother, a young woman said to be his lover, his paternal uncle, and his uncle's wife. Police are investigating the motive behind the murders.
PVR Inox shares hit a 44-month low of Rs 1,154, declining 8 per cent on the BSE in Tuesday's intra-day trade in an otherwise firm market, driven by growth concerns. The stock has slipped 23 per cent from its December high of Rs 1,620, touched on December 5, 2024. It has fallen below its previous low of Rs 1,203.7 from June 4, 2024, and is trading at its lowest level since May 2021.
Quick commerce (qcom) industry is poised to lead gig workforce hiring in 2025, propelled by a surge in demand for faster deliveries, expansion by existing players, entry of new competitors, and evolving consumer preferences in the post-pandemic era, according to industry experts. The qcom industry currently employs nearly 260,000 people - around 200,000 delivery personnel and 60,000 dark store workers, according to TeamLease Staffing.
