The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI) was at 54.9 in February, up from 54.0 in January, signalling a stronger improvement in the sector's health. The February PMI data pointed to an improvement in overall operating conditions for the eighth straight month. In PMI parlance, a print above 50 means expansion, while a score below 50 denotes contraction.
Birla did not name Moitra and urged members not to cast aspersions on the chair as it amounted to disrespect of the House.
'At a time when people don't like to even sacrifice their panchayat seat, Biplab Kumar Deb sacrificed the chair of chief minister with a smiling face.'
It will be her first public appearance after she was allegedly attacked by some people in Nandigram earlier this week.
The Reserve Bank's rate-setting panel began its three-day deliberations on Monday to decide the next monetary policy amid expectations that the central bank will maintain status quo on the benchmark interest rate in the backdrop of global scare due to the new coronavirus variant Omicron. Reserve Bank Governor Shaktikanta Das headed six-member Monetary Policy Committee (MPC) is scheduled to announce the policy resolution on Wednesday. If the RBI maintains status quo in policy rates on Wednesday, it would be the ninth consecutive time since the rate remains unchanged.
Ahead of the Winter Session in Parliament, leaders of 11 opposition parties met in the chamber of Leader of Opposition in Rajya Sabha Mallikarjun Kharge.
The ED has filed a fresh chargesheet against absconding jeweller Mehul Choksi, his wife Priti and others under the anti-money laundering law in connection with the over Rs 13,000-crore PNB loan fraud case, officials said on Monday. This is the first prosecution complaint filed by the central agency against Choksi's wife Priti Pradyotkumar Kothari. She has been charged by the Enforcement Directorate (ED) with "helping her husband in layering of the proceeds of crime".
'They are not tom-tomming what a great thing the Supreme Court decision is.' 'If they say it was a great thing, the public will react because people suffered and are still suffering.'
That's the only way to convince those who have money to return to the bank fold, ditching other asset classes, says Tamal Bandyopadhyay.
The Congress and Left Front on Thursday finalised sharing of 193 seats of the total 294 in West Bengal assembly with the Left parties getting the lion's share of 101 seats.
"This is the single reason why the country did not have a CDS so far," the former army chief said.
However, rural demand continued to remain a concern for FMCG companies during the quarter.
As many as 623 candidates, including 73 women are in the fray in the first phase and around 2.28 core voters, including 1.24 crore men and 1.04 crore women are eligible to caste their francise, election officials said.
The Rajya Sabha was adjourned twice while the opposition parties staged a walkout in Lok Sabha on Tuesday, voicing their protest against the increase in the prices of petrol, diesel and cooking gas LPG.
Opposition members displayed placards saying 'Save India', 'Save Democracy' and 'Save Constitution'.
West Bengal, which is governed by the Trinamool Congress, became the second state after Congress-ruled Punjab, where such a resolution has been tabled and passed.
The output of eight core sectors grew by 11.6 per cent in August, mainly due to an uptick in the production of cement, coal, and natural gas, official data showed on Thursday. The eight infrastructure sectors of coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity had contracted by 6.9 per cent in August 2020 due to the nationwide lockdown imposed to control the spread of COVID-19. The eight core industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP).
International pop star Rihanna teenage climate activist Greta Thunberg and others extended their support to farmers protesting on the borders of India's capital against the three agriculture laws introduced by the Central government last year and asked why people were not talking about it.
The Defence Minister said the government is committed to protect the sanctity of Parliament.
The country's largest lender State Bank of India (SBI) will revamp its banking application (app) YONO and position it as a complete digital bank (DB) under a new rubric 'Only YONO' for enhancing customer experience and ease of use. The bank plans to bring in a consultant to help draw up the project plan, keeping in mind business goals for the next five years. With 54 million monthly active users (MAUs), SBI YONO has seen growth of over 35 per cent in MAUs in 2021.
Senior Trinamool Congress MP Sougata Roy on Friday stirred the hornet's nest by saying that the party will not accept the use of violence and muscle power by its candidates during the upcoming civic polls in West Bengal.
BJP working president J P Nadda reacted strongly to these remarks, saying they were in "bad taste and highly condemnable".
Prime Minister Narendra Modi on Monday urged people to pledge not to do anything that lowers the dignity of women, saying a mentality to insult them in speech and conduct has crept in.
The amount that the 41-year-old former spin-bowling all-rounder has decided to donate was not disclosed in the report.
Rediff.com brings you some interesting clicks from the by lanes of Indian cities that summarise the soccer madness...
India's fuel sales surged past pre-pandemic levels in March on twin impact of the economy rebounding from the lifting of pandemic-related restrictions and anticipation of price increases leading to stocking. In the first two weeks of March, dealers, as well as the public, topped up their tanks in anticipation of an increase in prices that had been on hold in the run-up to the elections in states like Uttar Pradesh. While daily price revisions restarted on March 22, the increases were calibrated.
'It would indeed be difficult for someone from outside the Gandhi family to run the party'
The duo of Vyas and Desai took the opposing bowlers to the cleaners throughout the innings while stitching a massive first-wicket partnership of 282 runs.
In a new political alignment in poll-bound West Bengal, state Congress president Adhir Ranjan Chowdhury on Tuesday announced the inclusion of newly formed Indian Secular Front (ISF) of Furfura Sharif cleric Abbas Siddiqui in the Left Front-Congress alliance.
India's manufacturing sector activities moderated in December but output remained in the growth territory, amid slower rise in sales and new orders, even as business sentiment was dampened by concerns surrounding supply-chain disruptions, COVID-19 and inflationary pressures, a monthly survey said on Monday. The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI) eased to 55.5 in December, from November's ten-month high of 57.6. The December data pointed to a "substantial, albeit slower, rises in sales and output", the survey said, adding that the latest quarterly reading was at 56.3, its highest since the final quarter of fiscal year 2020/21.
The committee has given its recommendations to Congress president Sonia Gandhi, who will take necessary action, the sources pointed out.
From a location perspective, the last quarter saw Kolkata and Gurgaon as top regions for employment in these sectors and among roles, sales and office services stood out.
Major edible oil companies, including Adani Wilmar and Ruchi Soya, have reduced the maximum retail price (MRP) of their products by 10-15 per cent to provide relief to consumers, industry body SEA said on Monday. The prices have been reduced by Adani Wilmar (on Fortune brands), Ruchi Soya (Mahakosh, Sunrich, Ruchi Gold and Nutrella brands), Emami (Healthy & Tasty brands), Bunge (Dalda, Gagan, Chambal brands) and Gemini (Freedom sunflower oil brands), it said. OFCO (Nutrilive brands), Frigorifico Allana (Sunny brands), Gokul Agro (Vitalife, Mahek and Zaika brands) and others have also reduced prices, it added.
Rajya Sabha is likely to adjourn sine die after taking up five bills on Wednesday, the sources said on Tuesday. The Lok Sabha, Speaker Om Birla said, will meet at 6 pm on Wednesday instead of the usual 3 pm.
India is looking to develop alternative export markets for tea such as Iraq, Saudi Arabia, the US, Japan and Tunisia in view of the Russian invasion of Ukraine, people aware of the matter said. Meetings are being held with buyers in some of these countries in virtual mode, with the help of diplomatic missions located there. Similar meetings for the remaining countries have also been planned.
The Reserve Bank of India (RBI) on Wednesday announced to increase the policy repo rate by 50 basis points to 4.9 per cent, the second hike in five weeks aimed at quelling the inflation. The MPC vote was unanimous and has decided to keep stance withdrawal from accommodative, RBI Governor Shaktikanta Das said in a press conference on Wednesday. The decision was taken during a three-day meeting of the RBI's Monetary Policy Committee (MPC) to review the interest rates in the country. The MPC voted unanimously to increase the policy repo rate by 50 bps to 4.90 per cent," Das said.
India registered 2,68,833 new Covid infections in a day taking the tally to 3,68,50,962, which includes 6,041 Omicron variant cases, according to the Union health ministry data on Saturday.
Congress leader Adhir Ranjan Chowdhury aid that India must tackle Chinese aggression using all necessary means.
Amid a decline in Covid cases in the country, India may soon reopen its doors for foreign tourists for the first time in one-and-a-half years, officials said.
FC Goa returned the favour just four minutes later when Seriton Fernandes and Alberto Noguera played a quick one-two, before sending the former free on the right flank.
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