>It's not easy to predict the market. But there are at least two positive factors to back the PSU banks, explains Tamal Bandyopadhyay.
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 longevity of the government is a doubt for me because when the going gets tough, there could a be a point in time where there might be pressure, from within the party or from the allies.'
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.'
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.
Experts recommend awaiting the findings of the 2021 Census, which is yet to be conducted, before introducing population control policies.
While managing rising EMIs can be challenging, the right strategy can help individuals can ease their financial burden, says rediffGURU and financial planning expert, Colonel Sanjeev Govila (retd).
'Because it is the only public sector company in this sector, currently.'
Brokerages have maintained their ratings and target prices on FSN E-Commerce Ventures, the parent company of Nykaa, after the fashion and beauty online retailer posted in-line numbers during the October-December quarter (Q3) of financial year 2023-24 (FY24). They have, however, cut earnings before interest, tax, depreciation, and amortisation (Ebitda) estimates after weak demand weighed across line items in Q3. "While revenue growth was healthy at 22 per cent year-on-year (Y-o-Y), gross margins declined 90 basis points (bps), weighed by higher discounting in own brands and lower ad income.
'If the government published the actual number, people will start crying on the road.'
the RBI will need to fulfil its April 4 pledge to avoid liquidity shortages.
While both institutions provide financial assistance, there are significant differences between them in terms of offerings, eligibility criteria, interest rates, and other crucial factors.
It's on the lead character's charm and rugged shoulders that Yodha shamelessly rests, giving Arun perfectly good reason to gloat, 'Is picture ka hero main hoon,' observes Sukanya Verma.
Jaiswal showed in snatching the initiative from England would have reminded many of a certain Virender Sehwag
The toughest part is to tackle human behaviour. On the Atal Setu, says Indrajit Gupta, I chose to drive at a consistent speed of 80 kmph in the middle lane. Vehicles on the right lane were clipping along at 150 kmph, way over the maximum permissible limit of 100 kmph. On occasion, I had to slow down or dodge vehicles suddenly pulling into the middle lane from the side.
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.
Although he noted that the game of chess has changed in recent times, he was willing to offer advice to the new generation.
The stock of Colgate-Palmolive (India) surged after the company delivered a better than expected operating performance for the March quarter of the 2022-23 financial year (Q4FY23) recently. The stock, however, has given up most of these gains over the last one week as the Street awaits recovery in the core toothpaste segment and sustained recovery in market share. The country's largest listed oral care company posted a gross margin expansion of 100 basis points (bps) on a sequential basis to 66.9 per cent, led by pricing and efficient sourcing.
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.
'Chinese are going bang, bang, bang building 30-35 reactors.' 'We should announce a programme of 50 new reactors and show that we mean business on the ground and not just announcements.'
CRAs are getting more business than they were getting a year ago. This could indicate expectations that investment demand will rise in the mid-term, says Devangshu Datta.
'We are engaging in substantial open market sales of both wheat and rice to control food inflation; special measures of market intervention in vegetables, pulses and oil seeds were also taken to cushion the impact.'
Education finance is a complex and dynamic sector. There are too many variables -- the course, the calibre of students, the universities, and the job prospects once the course is over, notes Tamal Bandyopadhyay.
Keep revising the sum insured at the time of renewal to keep it in line with inflation.
Showtime is watchable but never engrossing, notes Sukanya Verma.
These plans are best suited for individuals with a lower risk appetite as they provide guaranteed benefits.
Vitamins and minerals are better consumed in a natural form as one advances in age, advises rediffGURU Dr Karthiyayini Mahadevan.
What is perhaps more worrisome is that while the conviction rate in rape cases has increased marginally in recent years, the chargesheeting rate has gone down -- which means cases are not going to court.
The average daily recovered cases are now more than 55,000 and active cases are just 25 per cent of the total COVID cases.
The show takes its own pace to pick up, but then when you least expect, it grabs you by the throat, notes Aseem Chhabra.
Jaitley said govt would achieve 4.1% fiscal deficit target in FY15.
Infra segment, refinery product impacted the most, even as contraction narrows in latest month.
There hasn't been any dramatic moment in the first act (the Budget) but nobody would complain. It's par for the course as long as the figures don't change in the main Budget, which will be presented after general elections.
Article 370 is not as crude as some of the openly propagandist films made in recent times. It could at least open up a discussion on what is to be done to heal the wounds of the people of Kashmir, which years of shrieking TV debaters could not do, feels Deepa Gahlot.
Addressing a press briefing, Union Health Ministry Secretary Rajesh Bhushan said on the basis of a seven-day rolling average the positivity rate of COVID-19, which was 11 per cent during the first week of August, has come down to 8 per cent now.
The challenge for the RBI in 2024 is likely to be less about containing elevated inflation and more about curbing excessive financial market exuberance and a 'problem of plenty', notes Sajjid Chinoy, Chief India Economist JP Morgan.
Aadujeevitham marks a new direction for Malayalam cinema, where ambition meets resources and the right people, all in favour of stories that deserve to be told on the biggest stage of them all, notes Arjun Menon.
Practo has witnessed a 215% increase in total consultations related to cardiovascular health, with women in the age group of 25 to 34 contributing to the largest number of consultations.
Jos Buttler made a scathing assessment of the HPCA Stadium outfield, terming it as 'poor'
If the fiscal deficit for the year can be maintained at Rs 7.04 trillion, the deficit as a percentage of GDP will slip to 3.44 per cent
