The government will announce a second stimulus package next week covering auto, realty, housing and chemicals sectors.The government may announce safeguards for sectors such as chemicals, aluminium and tyres against cheaper imports.
"The shutdown is partly because of inventory pile up and partly for annual maintenance," said a company spokesperson. "It can take from a week to a month to re-start the plant," he said, without giving more details. India's economy is expected to grow at a slower pace by the end of this financial year as demand for homes, offices and cars slows. The impact of the slowdown on the paint, home and office furnishing industry is expected to be felt with a lag, say analysts.
The wholesale price index-based inflation remained in the negative territory for the sixth straight month in September at (-)0.26 per cent, on easing prices of food articles. The WPI-based inflation rate has been in the negative since April and was (-)0.52 per cent in August. In September last year, it was 10.55 per cent.
Over 100 chemical storage tanks built at the Pirpav jetty near Chembur have been operating without approvals from the ministry of environment and forests for over 18 years. Each of these tanks has an average capacity of 200,000 kilolitres of oil.
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He served as the Union health minister in Modi's first term from November 9, 2014 to May 30, 2019.
Here is the complete list of ministers in Modi 3.0 and their portfolios:
The current spurt in the stock market is on account of strong fundamentals and robust corporate earnings and retail investors can look for buying opportunities to accumulate quality stocks, experts said.
rediffGURU Geeta Ratra offers expert advice on international courses, student visas, immigration processes and more.
'We emphasise the importance of not basing investment decisions solely on electoral outcomes.' 'Instead, focusing on investing in high-quality businesses capable of prospering regardless of the political landscape is paramount.'
The Punjab and Haryana high court on Wednesday ordered the Haryana government to remove within a week the barricading set up at the Shambhu border near Ambala where farmers have been camping since February 13 when their 'Delhi Chalo' march was stopped.
He had allegedly hanged himself with a bed sheet in the toilet of the lock-up, as per the police.
The Supreme Court on Tuesday asked various state governments to apprise it in six weeks on the action taken in incidents of mob lynching and cow vigilantism.
According to the ADGP, around 18 people were working at the factory when the blast took place.
India's merchandise exports in April 2024 marginally rose to $34.99 billion from $34.62 billion in the year-ago month, according to government data released on Wednesday. Imports too increased to $54.09 billion from $49.06 billion in April 2023.
Here is an explainer on the functioning of the seven-year-old body.
About 1,000 alumni of the Indian Institutes of Technology (IITs) have sent a petition to the directors of the seven premier government-owned engineering institutes urging them to ban Dow Chemicals, which acquired the Union Carbide plant in 2001, from any partnership or role in the premier institutes of the country. This comes soon after the company was forced to cancel pre-placement talks, due in the last week of October, in IIT Madras and Bombay.
Emerging evidence suggests that an increased risk of cancer and heart disease in adults can result in part from exposures to certain environmental chemicals during childhood.
As she reached Ayodhya, she said, she felt a new sense of energy.
Government auditor, the Comptroller and Auditor General has found that not all disease outbreaks and chemical accidents taking place in different parts of the country are reported to Central authorities which could effect the response to epidemics.
A manhunt has been launched for the owner of a production house Jerrit G John, who allegedly threw hazardous chemical on his former physiotherapist girlfriend at her residence in central Mumbai, the police said on Friday.
The Campaign estimates that 22,000 people are already dead and says yet Dow wants to deny all responsibility and wants the Indian government to pay millions of dollars for the clean of its mess in Bhopal.
Four of the eight battalions of the National Disaster Response Force have been earmarked specially for responding to such terrorist strikes.
In a stern message, the United States, Britain and France on Monday warned Syrian President Bashar Al-Assad of "serious consequences" if he fails to surrender his chemical weapons, saying military strike remains an option.
'An in-house contest encourages employees to share yoga and well-being practices with their families.'
Dr R J Rathi, the doyen of Indian chemical industry and executive chairman of Sudarshan Chemical Industries Ltd passed away in Pune Thursday after a brief illness. He was 78 years old.
Did the Indian government guarantee Dow Chemicals, the parent company of Union Carbide, that it will not be held liable for the Bhopal gas tragedy?
Gaffe-prone Spicer apologised on national television on Tuesday for comparing the Nazi leader with Syrian President Bashar al Assad
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Indelible ink mark is normally expected to last for three days when applied on the skin but lasts for a few weeks on the fingernail till the nail grows out.
Reaffirming its stand, the International Olympic Committee Wednesday rejected calls from the Indian Government to drop Dow Chemicals as sponsor of the London Games because of its links to the 1984 Bhopal gas tragedy.
Syria has vehemently denied the use of chemical weapons in an attack on the eastern suburbs of Damascus, which the opposition Syrian National Coalition claimed killed 650 people.
According to the plea agreement, Sai Varshith Kandula (20), of St Louis, Missouri, crashed a rented truck into the White House perimeter, and he was attempting to gain access to the White House to seize political power.
A total of 149 kgs of mephedrone or 'meow meow' drug (both in powder and liquid form), 50 kg ephedrine, and 200 litres of acetone was recovered from the three labs located in Bhinmal of Jalore district and Osian in Jodhpur district of Rajasthan and Gandhinagar in Gujarat, the officer said.
Billionaire Mukesh Ambani's Reliance Industries and Tata Group have made it to the prestigious TIME's list of 100 World's Most Influential Companies of 2024. TIME called Reliance 'India's Juggernaut'. This is the second time that Reliance has found its way into the TIME list. Jio Platforms, the firm that holds digital properties of the conglomerate, was included in the inaugural TIME 100 Most Influential Companies List of 2021. Serum Institute is the other Indian company on the list.
Locals -- more so in the area broadly called Nandigram lying across the minor Haldi River from Haldia -- fear a fresh round of land acquisition, as the state government pushes ahead with its petroleum, chemical and petrochemical investment region plans with Indian Oil Corporation and Calc Refinery Ltd as its anchor tenants. The PCPIR is one of the Left Front government's showcase projects in its efforts to accelerate growth in the state.
Wholesale price-based inflation remained in the negative territory for the fifth straight month in August at (-)0.52 per cent, but prices of food articles and fuel showed an uptick. The wholesale price index (WPI) based inflation rate has been in the negative since April and was (-)1.36 per cent in July. In August last year it was 12.48 per cent. Inflation in food articles remained in double digit at 10.60 per cent in August, lower than 14.25 per cent in July.
In addition to regulatory actions against small and midcaps, tighter liquidity conditions are another headwind that stocks are facing this month. Market observers say advance tax outflows and capital gains-related adjustments will weigh on the markets in the near term.
'Valuations of midcaps and smallcaps have reached very high levels, and hence to that extent leave little margin of safety.'
