As Prabhakaran was leaving his house, Rajiv Gandhi called his son Rahul and asked him to fetch his (Gandhi's) bulletproof jacket. He put the jacket on Prabhakaran's back and remarked with his usual charming smile: "Take care of yourself."
The stellar rise in corporate earnings in financial year 2021-22 (FY21) and FY22 did not result in a corresponding boom in capital expenditure (capex), with listed companies' investment in fixed assets rising just 2.3 per cent year-on-year (YoY) in FY22, growing at the slowest pace in the last six years. In comparison, the firms' combined net profit jumped 63.5 per cent YoY in FY22, while net sales increased 31.1 per cent - the fastest pace in over a decade. The 955 non-financial companies in Business Standard's sample reported combined net profit of Rs 7.18 trillion in FY22, compared with Rs 4.39 trillion in FY21 and Rs 2.59 trillion in FY20.
'Initially, I didn't think much of him. But when I walked alongside him, I realized he has what it takes.'
Sister Rosela Nuthangi, 65, from Sihphir village, about 15 km north of Aizawl, and Sister Ann Frida, 48, from Aizawl's Electric Veng locality along with three sisters from other nations are currently looking after 37 homeless Ukrainians and a student from Kerala in a storehouse (godown) in Kyiv and remain determined to continue with their work in Ukraine, their relatives in Aizawl said.
In a suspected case of food poisoning, 26 personnel of the Indo Tibetan Border Police fell ill with after consuming meal at their camp in Chhattisgarh's Rajnandgaon district, officials said on Friday.
Twenty-three million tuned in to watch the opening ceremony in France - more than for matches in the Euro 2024 soccer championship.
Earlier, on Monday, hot Khichdi was sent through this 6-inch pipeline to the stranded workers for the first time since they were trapped.
Fire service officials and witnesses said the blaze broke out on Thursday evening and tore through the factory at the Rupganj area of Narayanganj.
GDP growth of 7.7 per cent in the first half of this fiscal has "left sceptics gasping and woefully behind the curve", an RBI article said on Wednesday. It also stressed the buildup in the growth momentum is likely to be sustained. The article on the state of the economy published in the Reserve Bank's December Bulletin on Wednesday also said CPI-based retail inflation is expected to ease to 4.6 per cent in the first three quarters of 2024-25 from 5.6 per cent in November.
Observing that there is a trust deficit between farmers and the government, the Supreme Court on Wednesday proposed constitution of an independent committee comprising eminent persons to reach out to the protesters to find a solution to their demands.
Mumbai team manager Armann Malik said that the issue has been sorted after he initiated a meeting with the hotel chef.
Glimpses from the lives of Modi look-alikes...
'It is not right for batters to steal two or three metres and then bowlers marginally overstepping and getting a free hit. I know people want to see sixes and fours but also if you are a real cricket lover, you want to see competition between bat and ball and not just one-sided games.'
Looking for fun things to do as family during this sunny season?
'We now look at divestment as an opportunity for maximising the value of public assets, not necessarily as a short-term resource-raising measure.'
Finance Minister Nirmala Sitharaman has brought down the budgetary allocation for the fertiliser subsidy for FY21 to Rs 71,309 crore, from the RE of Rs 79,998 crore for FY20, while increasing food subsidy to FCI through "ways and means advance" to Rs 50,000 crore for FY21, from Rs 36,000 crore in RE for FY20, and under the National Food Security Act (NFSA) to Rs 77,982 crore, from Rs 75,000 crore.
India's industrial production growth slowed to 3.8 per cent in January, while the February retail inflation at 5.09 per cent remained within the Reserve Bank's comfort zone for the sixth straight month, according to the latest government data. Growth in factory output, based on the Index of Industrial Production (IIP), slowed to 3.8 per cent in January 2024, mainly due to poor performance of manufacturing, mining and power sectors, according to the data released by the Ministry of Statistics & Programme Implementation.
'The BJP's numbers in this government are almost the same as those enjoyed by the Congress under P V Narasimha Rao when the reform process was kicked off in 1991.' 'As before, the only constraints on the prime minister's actions are internal, not external.' 'They come from his own assessment of the political consequences of any action,' points out Mihir S Sharma.
During the last few meetings, farmer leaders have been arranging their own lunch, snacks and beverages while refusing to have the food organised by the government.
During their last meeting on Thursday also, the farmer leaders had their own lunch, tea and even water.
The 24-year-old Dutee is now at the Kalinga Institute of Industrial Technology (KIIT) in Bhubaneswar, where she had pursued Business Administration degree.
The climate for 'doing business' remains forbidding, taxtortion is still rife, corruption at state and district levels has increased, oil prices remain extortive with high taxation, and the continued red tape has kept the enterprise system as stifled as before, points out Debashis Basu.
'I tell those in their 20s that age is on their side and they should start exercising early.' 'Just like investing in good stocks, if they start early, they will get the multiplier effects of being healthy, fit and strong later in life.'
He advocated a two-state solution where the Palestinian people can live within secure borders.
If the concerns over risking political capital are overcome, the long-term gains for the Indian economy will be immense, asserts A K Bhattacharya.
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
Operating margins have been the primary driver of corporate earnings in India in recent quarters, despite revenue growth suffering from weak consumer demand. Companies across sectors have reported a sharp improvement in earnings before interest, tax, depreciation, and amortisation (Ebitda) margins over the past two years, benefiting from lower commodity and energy prices. Higher margins more than compensated for slower revenue growth, resulting in double-digit growth in net profit for five consecutive quarters.
Geopolitical events, macroeconomic data and quarterly earnings of corporates would guide the stock market in a holiday-shortened week ahead, analysts said. Stock markets will remain closed on Wednesday for Ram Navami. "This week promises to be crucial for the market as fresh worries about a potential conflict between Iran and Israel emerge.
This recipe has a wonderful royal touch.
The dealers operating in the space have jumped nearly three times over the past two years.
The so-called high networth individual portion saw 620x more demand than shares on offer.
'Since there is no photo-op, or quick fix solutions, politicians do not want to address climate change. It is very unfashionable.'
The tailwind of low price erosion in the US generics market, seen by domestic pharmaceutical companies in calendar year 2023 (CY23), may be reversing slowly, caution analysts. According to the latest data from US-based Centers for Medicare and Medicaid Services (CMMS), price erosion in calendar year 2024 (CY24) on a year-to-date (YTD) basis stood at a high of 15 per cent in the oral solid dosage (OSD) segment compared to a low of 1 per cent in CY23. This erosion, according to a report by Antique Stock Broking, was the highest in the last three years.
The size of Reserve Bank's balance sheet increased by 11.08 per cent to Rs 70.47 lakh crore as on March 2024, leading to the highest-ever dividend payout to the government, according to the central bank's annual report. In actual terms, the increase was Rs 7,02,946.97 crore over Rs 63.45 lakh crore as on March 2023.
The woman passenger Kushboo Gupta shared on Instagram a short video of the worm in the sandwich onboard the flight.
The Samyukta Kisan Morcha, an umbrella body of farmer organisations that spearheaded the 2021 protest, adopted the resolution to "intensify the fight against the policies of the Union government to save farming, food security, land and livelihoods of the people".
'Given the inherent volatility, investors should take at least a three to five-year view.'
The conflict between Israel and Hamas-led factions has killed more than 24,000 people on the Gaza side as affected people face pathetic living conditions sans water, power, food and medical aid.
'aris can be boiling hot in July. The choice of viscose over cotton was deliberate. Cotton would have crushed badly. We used viscose because it is a wood pulp fibre and lets you breathe. It is cooler than silk. We had to consider breathability because the athletes would be on a barge, in the heat, for up to five hours.'
