Fundraising activity in the debt market is gaining momentum ahead of the festival season. Several non-banking financial companies (NBFCs) and the National Bank for Agriculture and Rural Development (Nabard) are planning to raise at least Rs 5,560 crore in the next two days by issuing bonds, with a greenshoe size of Rs 6,370 crore. Ajay Malglunia, managing director and head of investment grade group at JM Financial, said, "The market likes certainty, the market will gain clarity after the US Federal Reserve's (Fed's) policy.
Maharashtra Chief Minister Devendra Fadnavis has called for celebrating Dr B R Ambedkar's birth anniversary as a 'festival of his thoughts', emphasising the need to spread his ideas across all sections of society. Preparations are underway for the 135th birth anniversary on April 14, with a focus on public awareness and grand celebrations.
The company was offering a discount of Rs 11,000 on Alto, which will now come down to Rs 10,000, while discount on Maruti 800 would drop to Rs 8,000 from Rs 12,000 earlier. The reduction in discount is in line with the company's expectation of a good demand of Alto, Omni and Maruti 800, sources said.
Real estate companies expressed disappointment over the RBI's decision to hike the short-term lending rate, saying this could hurt economic growth and adversely impact property demand in the ongoing festival season.
The three alleged Indian Mujahideen terrorists arrested in the national capital on Thursday were planning an attack masterminded by Yasin Bhatkal, reports Vicky Nanjappa
The Centre will utilise huge network of post offices across the country to sell subsidised pulses, mainly tur, urad and chana, to ensure availability in the ongoing festival season.
Long before it became fashionable as a plant-based substitute, Indians had transformed the humble green banana into an astonishing range of dishes. One of the most adaptable ingredients in your kitchen, it is also nutritious and affordable.
You can enjoy all those yummy goodies this Christmas and New Year. Just keep these simple rules in mind.
Detox and delight in the festive season with these 7 refreshing and healthy drinks!
Other than discounts, most of the sites are offering additional products to lure buyers.
Ramneek Kataria may have won hearts as the spirited Bareilly Ki Bachchan, but her personal style proves she is just as comfortable playing the girl next door as she is embracing full-blown glamour.
This festive season, silver is being reinvented from gemstone accents and heirloom-inspired decor to luxury gifts, blending tradition with modern design.
A controversy has erupted in Odisha after Lord Jagannath's idol was moved from the Puri temple to the chariot during the Rath Yatra without its traditional 'Tahia' floral headgear, leading to strong criticism from opposition parties BJD and Congress against the BJP government.
The festive season, which usually starts from September, is when 35 per cent annual sales get transacted for most durables firms.
Retail sales of passenger vehicles - the largest component of the pie - jumped 11 per cent year-on-year in October to 248,036 units, largely because of discounts offered during Navratri and Diwali.
Bullion merchants said besides increased buying by jewellers and retailers to meet festive season demand, costlier imports due to weakening of the rupee, led to the rise in gold prices.
Indian consumers are entering the festive season with renewed confidence and financial optimism, outpacing global benchmarks, according to Deloitte India's latest Consumer Signals: India Chapter. "With inflationary pressures easing and the recent Goods and Services Tax (GST) revisions enhancing purchasing power and festive cheer among consumers, this brings a new wave of consumption.
Qcom alone is expected to account for a 60 per cent surge in gig hiring, adding 1.5 million to 2 million roles.
This will be done to meet the massive demand that Flipkart expects during the festive season
Hiring activity has gained momentum in anticipation of upcoming festivals like Raksha Bandhan, Dussehra, Diwali, seasonal sales and the wedding season.
South India's manufacturing, construction, and services sectors are grappling with severe labour shortages, prompting employers to offer attractive incentives like free air tickets and salary increments to lure migrant workers back from their home states after recent assembly elections.
Discounts on cars would be higher in the December-March period, new models would be on offer.
Passenger vehicle wholesales in India rose 29 per cent to 291,113 units in October aided by robust demand in the festive season, the Society of Indian Automobile Manufacturers (SIAM) said on Friday. Total passenger vehicle dispatches from companies to dealers were 226,353 units in October 2021. Total two-wheeler dispatches last month increased 2 per cent to 15,77,694 units as compared to October 2021.
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Shaji Kailas delivers familiar mass moments, but Varavu never rises above its dated revenge formula.
Prime Minister Narendra Modi spoke with Iranian President Masoud Pezeshkian, condemning attacks on critical infrastructure in West Asia and emphasising the importance of safeguarding freedom of navigation and ensuring secure shipping lanes.
Indian government's decision to cut GST rates on various products will increase purchasing power of consumers and boost demand for residential properties in the upcoming festive season, according to realtors' body CREDAI. The association, which has a 13,000 members from across India, said the construction cost is expected to come down because of reduction in GST rates on cement and few other building materials.
On Friday, the cricket icon gave fans a rare glimpse into his family celebrations when he shared pictures from his mother's birthday on Instagram.
The price of export quality lady's finger, for example, shot up 150 per cent in two weeks to close on Thursday at Rs 40 a kg against Rs 16 a kg on September 16 in the Agricultural Produce Marketing Committee, Vashi, near Mumbai.
The CAIT has complained to the Commerce Ministry to take action against these companies.
The erosion of rupee value against the dollar and sluggish demand from key foreign markets are cited as the main reasons for declining sales.
The auto industry has had a mixed month. The build up to Dhanteras and Diwali was good but the demand tapered off subsequently.
Business Standard tracks pollution levels, goods ferried by the Indian Railways and consumer visits to various categories of places, in addition to power generation and traffic numbers to understand the fast-changing situation on the ground.
Automobile retail sales in the country fell 18 per cent year-on-year in the 42-day long festive period this year as semiconductor shortage impacted production across companies affecting their ability to supply adequate numbers to dealer partners, FADA said on Thursday. During the period under review, barring three-wheeler and commercial vehicles, all other segments including passenger vehicles, two-wheelers and tractors were down as compared with the same period of last year. As per data collated by the Federation of Automobile Dealers Associations (FADA), total retail sales across segments stood at 20,90,893 units this festive period, down 18 per cent from 25,56,335 units in 2020.
The Centre on Tuesday extended the nationwide COVID-19 containment measures till October 31 in view of localised spreads of the virus in a few states and the disease continuing to be a public health challenge in the country.
Karnataka's chief minister-designate D K Shivakumar and outgoing chief minister Siddaramaiah congratulated Royal Challengers Bengaluru on winning their second consecutive Indian Premier League title. Shivakumar criticised IPL organisers for moving the final match venue to Gujarat, calling it an injustice to Karnataka and alleging political motivation.
A coordination body of Ganesh mandals in Mumbai has appealed to them to keep the Ganpati festival apolitical, specially in view of the upcoming city civic body polls, and promote Marathi language and culture during the celebrations.
Amazon India unveiled a dedicated marketplace section highlighting products with reduced tax burdens as the goods and services tax (GST) restructuring took effect on September 22, positioning the ecommerce giant to capitalise on lower consumer prices across electronics, appliances, and other categories. Its rival Flipkart, too, has rolled out its own GST-focused storefront, the GST Bachat Utsav, aimed at helping shoppers maximise benefits from the new tax rates across multiple categories.
Jewellers in Lucknow protest Prime Minister Modi's appeal to defer gold purchases for a year amid the West Asia crisis, fearing significant business losses and economic hardship for those involved in the trade.
