At risk of entrenched rough times are sectors like hospitality and those with discretionary spends.
Drishti, an affordable eye care chain has lit up the lives of scores of people in rural areas.
In his monthly 'Mann ki Baat' broadcast, Modi said all classes of people have suffered during the pandemic but it is the poor who have suffered the worst.
Textile stocks have exhibited a mixed performance so far this calendar year (CY23), amidst higher domestic cotton prices and tepid global demand. Shares of Page Industries, Dollar Industries, Lux Industries, and VIP Clothing have declined up to 13 per cent so far in CY23, as against a 9 per cent jump in the S&P BSE Sensex. On the contrary, shares of Arvind, Welspun India, Raymond, and Gokaldas Exports have gained up to 51 per cent, during the same period.
Indian equity markets had a good run in the first half of calendar year 2023 (CY23), with the S&P BSE Sensex and the National Stock Exchange Nifty50 hitting fresh 52-week highs. While the Sensex scaled up to a peak 64,718, the Nifty50 hit Mt 19,189. As the markets now prepare to enter the second half (H2) of CY23, all eyes are on global central banks, especially the US Federal Reserve, as to when they will pause and pivot as regards their interest-rate cycle.
'What should surprise BJP supporters is Modi's call for 'stability' at the manifesto launch, a theme that he and his team members had not touched ahead of the Lok Sabha polls in 2014 and 2019.' 'The last time the party called for 'stability at the Centre' was in 1998 and 1999,' recalls N Sathiya Moorthy.
Proactive measures adopted by BMC reduced COVID-19 growth rate to 4.3 per cent in May 2020 & further to 1.02 per cent in June. These measures also ensured an improved case doubling time to 43 days in May 2020 and 78 days in June 2020.
The committee has recommended Rs 8,000-10,000, Rs 13,000-15,000, and Rs 15,000-18,000 including PPE costs for isolation beds, and ICUs with or without ventilator, respectively, to all hospitals. Currently, hospitals are charging Rs 24,000-25,000, Rs 34,000-43,000 & Rs 44,000-54,000 (excluding PPE cost).
When an actor has worked for as long as Manoj Bajpayee, one tends to lose their sense of originality under the sheen of stardom. But the actor's versatility sparkles in his willingness to start on a fresh note every single time, applauds Sukanya Verma.
Much of Sajini Shinde Ka Viral Video's enjoyment comes from the carefully picked star cast who do a pretty good job, observes Mayur Sanap.
Nominations and addresses are of paramount importance in bank accounts, insurance policies, mutual funds, etc.
The Department of Telecommunications (DoT) is in the process of issuing a show-cause notice to Vodafone Idea (Vi) for delaying the payment of licence fee. Companies pay 8 per cent of their adjusted gross revenue as licence fee. This also includes a universal service obligation levy. The fee is collected from each of the 22 telecom circles in the country on a quarterly basis.
The recovery rate among COVID-19 patients has increased to 64.51 per cent.
A heavy-duty drilling machine flown in by the Indian Air Force (IAF) from Delhi began boring through the rubble of a collapsed tunnel on the Char Dham route in Uttarakhand Thursday, in a fresh attempt to create an escape passage for 40 workers trapped inside for four days.
After inaugurating a 10-bed make-shift hospital of the National Disaster Response Force (NDRF) in Ghaziabad near Delhi, he said India began formulating its strategy against coronavirus from January 8 as soon as the world came to know about the outbreak of the disease.
As macroeconomic numbers continue to disappoint, reaching pre-Covid level is unlikely in FY21.
The SC said it is not asking all the private hospitals to treat certain number of COVID-19 patients for free.
The finance ministry on Thursday sought to clarify that there was no distress in household savings and the data indicated that changing consumer preference for different financial products was the real reason for the change in the pattern of household savings. The clarification comes in the backdrop of Reserve Bank of India data showing that household net financial savings rate is at its lowest in decades, at 5.1 per cent of GDP in FY23 compared to 7.2 per cent of GDP in FY22. The divergence in the data for household gross financial assets and liabilities is not a cause for concern for the government, as the loans have largely been taken to buy real assets or automobiles, the finance ministry said.
'India's cases of death per million population is 14.27 while the global average is more than its four times, at 68.29'
According to the health ministry's data updated at 8 am, the number of recoveries exceeds active cases by 2,81,668.
'If the government published the actual number, people will start crying on the road.'
The stock of fast-moving consumer goods major Tata Consumer Products has been reaching new all-time highs on better-than-expected results for the July-September quarter (second quarter, or Q2), strong growth in the food business, and margin gains in the beverage/international business. Most brokerages are positive on the stock, given growth prospects, and believe that rich valuations are justified. The near-term trigger has been the robust operational performance in Q2.
Cost of the diagnostic test for Covid-19 has been fixed at Rs 4,500 per test by the government. Hospitals, however, do not think this is feasible.
Sale of dollars directly by the RBI can help but only temporarily for a day or two before it will be back to a volatile market.
'Holding on to superstardom is far more difficult than the struggle to get there.'
Social stigma and low testing are the key reasons for the high mortality rate among COVID-19 patients in West Bengal, where the disease, like elsewhere in the country, is still an urban phenomenon, experts say. The state's Trinamool Congress government has been drawing consistent criticism from the Centre and opposition parties over the way it has tackled the pandemic, and has been accused of under-reporting data about the number of COVID-19 cases and deaths.
Prashant A Bhonsle lists 5 major points you need to keep in mind before applying for a student loan.
'Just the amount of work which is there just to become more and more successful in banking. For this to happen you need to have leaders who understand technology.'
Without disclosing reasons, ICRA informed the stock exchanges on Thursday, 'The board, after due consideration and taking into account the best interests of the company and its various stakeholders, has decided to terminate the employment of Takkar with immediate effect.'
The court also ordered that of the total fine amount imposed on the convicts, Rs 12 lakh will be paid to the victim's family.
'Planning for the transfer of assets to the next generation is an important aspect of financial and estate planning.'
'Returns can be very variable in equity markets.' 'That is why I tell small investors don't put 100 per cent of your money in equities, even if you are young.'
'Interim Budget has ignited the entrepreneurial spirit.'
'A cutback in hiring and compensation growth by IT companies will have a significant impact on consumer demand, especially in the urban sector of the economy.'
There are 5,67,730 active cases of the coronavirus infection, which is the 'actual caseload' of COVID-19 for the country presently and account for 32.43 per cent of the total cases, it said.
'When the right time is there, I will ask him. I know when he has to want to speak, he will. When he does, it'll be extraordinary because no one gives interviews better than Shah Rukh Khan.'
At the Indian Cancer Congress held in New Delhi on November 20-24, health-care professionals from the United States launched the Open Educational Resources in Cancer for Doctors and Nurses in India, a Web portal maintained by the California State University.
SBI and other public sector banks have decided to lend Rs 4,000 crore to Patanjali Ayurved for the acquisition of Ruchi Soya, which was facing bankruptcy proceedings under the Insolvency and Bankruptcy Code. The money lent by banks will help the PSBs to settle their exposure to Ruchi Soya with a haircut of 65 per cent. Banks led by SBI and others had earlier made claims of over Rs 12,146 crore against Ruchi Soya after the company failed to repay its loans.
'Indian equity valuations, although not very expensive, are not cheap either.'
'Revision of the base year for both CPI and GDP are long overdue.' 'The basic data that went into the 2011-2012 series were mainly from surveys done in 2011 or earlier.' 'We have since seen the emergence of new sectors like platform-based work and online marketing.' 'The employment surveys and the consumption surveys need to reflect these adequately.'
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