Ajit Balakrishnan on keeping an eye on democratising finance in India.
It takes a while to get used to the constant and instant supply of power that is the case with EVs, and handling the S1 Pro when it takes a corner or makes a turn can be tricky, says Pavan Lall.
'When we look at the quality of our retail loan book, the non-performing asset percentage is low.'
With decline in number of fresh COVID-19 cases and easing of restrictions, the country's gross domestic product (GDP) will grow at 8.5 per cent in FY2021-22, according to credit rating agency Icra Ratings. It expects the gross value added (GVA) at basic prices (at constant 2011-12 prices) to grow at 7.3 per cent in FY2022. "The impact of the second wave of COVID-19 and the ensuing state-wise restrictions was seen across a variety of high frequency indicators in April-May 2021.
However, if the rupee depreciates much, the economy in dollar terms would be that much smaller.
Amid fears of a third wave of coronavirus pandemic and hardening of retail inflation, the Reserve Bank is likely to maintain status quo on interest rate and watch the developing macroeconomic situation for some more time before taking any decisive action on monetary policy. The RBI is scheduled to announce its bi-monthly monetary policy review on August 6 at the end of the three-day meeting -- August 4-6 -- of the Monetary Policy Committee (MPC). The RBI Governor-headed six-member MPC decides on the key policy rates.
With 10 points, KKR, however, are on the brink of elimination.
The Indian rupee is down nearly 2 per cent against the US dollar since the beginning of January 2019. Experts attribute the Indian rupee's relatively poor performance to a sharper-than-expected fall in economic growth in India.
Indian economy is expected to improve marginally in the current financial year with its GDP at market price projected to expand by 3.4 per cent from 3.3 per cent in the previous fiscal, think tank OECD said.
The Cabinet on Wednesday approved the National Mission on Edible Oils - Oil Palm (NMEO-OP) with a financial outlay of Rs 11,040 crore to promote domestic cultivation of oil palm in the next five years, and reduce the country's dependence on edible oil imports. The decision comes after Prime Minister Narendra Modi announced the new central scheme on August 15 during his Independence Day speech at Red Fort. Briefing the media, Union Information and Broadcasting Minister Anurag Thakur said the Cabinet approved the NMEO-OP with a focus on the northeast region and the Andaman and Nicobar Islands with a financial outlay of Rs 11,040 crore.
IT services major Infosys on Wednesday posted a 17.5 per cent rise in net profit to Rs 5,076 crore for the March quarter, and announced up to Rs 9,200 crore buyback offer at a maximum price of Rs 1,750 per share.
'Everyone confuses GDP to be a measure of output, when it is actually a measure of income.'
For a phone which is marred with heating issues, does not provide a Quad HD display, is incapable of recording 4K videos, and whose camera performance in general is not in the league of flagships, Himanshu Juneja wonders if Sony has once again got is pricing all wrong.
Bankers need to take a call on whether they will allow technology firms to run banks or banks themselves will turn into tech firms, says Tamal Bandyopadhyay.
Singh said he had worked as prime minister for 10 years and had always preferred that his work should speak for itself.
I binged on various shows this year -- some for work, some for pleasure, few I couldn't spare time for, others I didn't have access to while some started out fabulously only to fizzle towards the end.
So vaccinate employees and families, staff at home, rickshaw drivers, milkmen, service providers, shopkeepers and street vendors, says Naushad Forbes.
'If you give your ID and password to somebody else, how can anybody blame the technology for that problem?'
India's second-largest software services company Infosys on Wednesday posted 12 per cent year-on-year rise in consolidated net profit at Rs 5,686 crore for March quarter 2021-22. The Bengaluru-based company had registered a net profit (after minority interest) of Rs 5,076 crore in the corresponding period previous year, according to a regulatory filing. Infosys' revenue grew 22.7 per cent to Rs 32,276 crore in the quarter from Rs 26,311 crore in the year-ago period, it added.
'We never go overboard on any stock, no matter how good it may seem.'
The reason why Jamsetji Tata built the Taj Mahal Hotel was his love for Mumbai and India. For him, the 'why' was so powerful that it urged him to stake his reputation, withstand all scepticism, and invest a very large sum of resources to create the iconic hotel.
Let us contain this raging fire, this tsunami of hate, appeals Sonia Gandhi.
India's economic growth slowed to 8.4 per cent in the second quarter of 2021-22, mainly due to waning low base effect, official data showed on Tuesday. The GDP growth in April-June quarter this fiscal stood at 20.1 per cent. The Indian economy had contracted by 24.4 per cent in April-June last year.
"We are in talks with the Taliban on a daily basis through both political and security channels. I'm not going to get into the details of those discussions here, to protect those discussions, which are covering a wide range of issues," Sullivan told reporters at a White House news conference.
The CSO estimate is, however, a bit lower than 7.4 per cent growth projected by the Reserve Bank for the current fiscal.
'There are some high-frequency indicators where uptick is visible and some where it is not'
Delhi and some other states have said that they would be unable to do so due to the shortage of vaccine doses.
Young consumers said that Oppo's constant focus on camera prowess and its long-lasting batteries remained at the top of their mind
'The global semiconductor shortage has inadvertently provided an immense fillip to the pre-owned car market'
Bitcoin has been on fire ever since Musk announced that Tesla had bought $1.5 billion of the cryptocurrency, and that his electric-vehicle company would accept bitcoin from buyers.
Without naming anyone, Mann, who is an MP from Sangrur, claimed that a senior BJP leader contacted him four days ago and asked him, "What would you take to join the BJP?"
This time there has been a rather peculiar criticism of the latest GDP numbers.
Beside manufacturing, deceleration was also witnessed in sectors like agriculture, construction and electricity, gas and water supply.
A principle adopted to ensure rehabilitation of evacuees alongside progress on projects is known for violations.
He is not seeing what perhaps everyone else around him is seeing: An over-commercialised player who is really an under-performing batsman, observes Sandeep Goyal.
Alleging "anti-competitive practices" by Zomato and Swiggy, restaurant industry body National Restaurant Association of India (NRAI) on Monday said it has approached fair trade regulator Competition Commission of India (CCI) for a detailed probe against the food aggregators. Keeping the interests of restaurants in mind, NRAI on July 1 had filed information with the CCI, it said in a statement. The main issues highlighted by the association in the submission are bundling of services, data masking, and exorbitant commission charged, price parity agreements, deep discounting, including forcing restaurant partners to give discounts to maintain appropriate listing, exclusivity of listed restaurants, and violation of platform neutrality, vertical integration, and lack of transparency on the food ordering platforms.
Rediff.com's Rajesh Karkera and Hitesh Harisinghani spotted these stylish attendees at the FDCI x Lakme Fashion Week in Mumbai.
India said its economy grew 7.3 percent in the October-December quarter.
Agriculture Minister Narendra Singh Tomar, and Railways and Commerce Minister Piyush Goyal on Thursday held a meeting at the Vigyan Bhawan with a delegation of farmers, including the leaders of several farm organisations holding protests in the national capital against the recent farm laws.
The agriculture minister said the government's constant efforts are aimed at making farmers prosperous by increasing their income.
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