An overwhelming majority of Indians (84 per cent) feel it is safe to return to their workplaces, according to a Deloitte survey that suggests consumers in India are showing a positive spending intent and brighter outlook towards the future. The latest monthly analysis (wave 220) of Deloitte's Global State of the Consumer Tracker, signals a cautious consumption revival in the country, aided by the decreasing number of Covid-19 cases and an improved vaccination drive. The Global State of the Consumer Tracker is an online survey based on responses from 1,000 people each in 18 countries including India.
The Budget oration of the finance minister and the confidence with which she delivered it, along with the measures and the recent upsurge in the economy would all contribute to unleashing the storied 'animal spirits' and help the economy run on the growth path quite smoothly. Or so the government hopes, notes Shreekant Sambrani.
A messy love story, a tale of infidelity, a jab on sexism, a whodunit -- Haseen Dillruba wildly oscillates between diabolical provocations and unrealistic sentiment, notes Sukanya Verma.
When I first spoke about Nitish Kumar being PM material, many of you scoffed at me. Now you can see... it has happened often that I say something and it becomes a widespread sentiment later on," JD-U leader Upendra Kushwaha said.
ONGC was the top gainer in the Sensex pack, rallying 5.52 per cent, followed by Titan, Reliance Industries, HDFC Bank and Bajaj Finance. NSE Nifty surged 161.75 points to close at 10,901.70.
While mid-cap and small-cap funds have given category average returns of 73.3 per cent and 89.8 per cent respectively over the past year, large-cap funds' returns have been lower at 53.9 per cent, points out Sarbajeet K Sen.
A scene of a play and a conversation between two key characters were snipped from the first episode Tanashah, a day after the cast and crew of the nine-part starry political saga on Amazon Prime Video once again apologised and said they had decided to implement changes to address the concerns raised.
Congress presidential candidate Shashi Tharoor on Tuesday claimed many electors have been instructed by 'their leaders' to support his rival but they may eventually vote for him in a secret ballot.
Led by the weak trend in the broader market, the market capitalisation of BSE-listed companies plunged Rs 1,65,437.91 crore to Rs 1,38,54,439.41 crore.
Reliance Industries was the biggest loser in the Sensex pack, falling 2.62 per cent, followed by Nestle India, IndusInd Bank, UltraTech Cement, M&M and SBI.
Operating margins for some companies dipped in Q3, 2021-22 but this sector could be nearing the bottom of the cycle in terms of profits.
Investments by private equity and venture capital funds doubled to a record high of $9.5 billion in July mainly driven by higher investor interest in the e-commerce sector, a report said on Monday. Private equity (PE) and venture capital (VC) investments stood at $4.1 billion in the year-ago period. The activity was higher by 77 per cent when compared to June's $5.4 billion, the report on monthly PE/VC investment activity by industry lobby IVCA and consultancy firm EY said.
'You may see some movement indicating a simpler tax regime with less exemptions but with fewer tax rates making life simpler for taxpayers.'
Without taking any name, Prasada hit out at the regional parties in the wake of Akhilesh Yadav, the chief of Uttar Pradesh's main regional party, of late making consistent attacks on the ruling BJP.
Ollie Robinson was suspended from international cricket pending an investigation after his tweets, posted when he was a teenager
He said there used to be mutual respect between the government and the opposition, which is diminishing.
'While most companies were bullish before the second wave of double-digit sales growth in FY22, that may not be the case now.'
Bajaj Finance was the top gainer in the Sensex pack, rising around 11 per cent, followed by Titan, Tata Steel, SBI, M&M, HDFC, IndusInd Bank and Reliance Industries. On the other hand, Sun Pharma, Nestle India and UltraTech Cement were among the laggards.
The Congress units in Rajasthan and Chhattisgarh, the only two states where the party is in government on its own, have passed resolutions that Gandhi be made the party's president.
Moitra on Tuesday stirred a controversy with her remarks that she has every right as "an individual to imagine Goddess Kaali as a meat-eating and alcohol-accepting goddess", as every person has the right to worship god and goddess in his or her own way.
Mukesh Ambani-led Reliance Jio has introduced a 20-per cent cashback offer on select prepaid plans, intensifying competition in the Indian telecommunications (telecom) market. Jio is the largest telecom service provider in India, with 443 million subscribers as of July. Jio's cashback offer will drive cross-selling across Reliance's various retail businesses, but the move is also being seen by some analysts as a signal that tariff hikes may not be around the corner just yet.
Gold, which lost its sheen to some extent in the second half of 2021, is likely to regain the glitter in the New Year and cross the Rs 55,000-per-10-grams level amid pandemic woes, inflation worries and stronger US dollar. After a stellar run up in 2020 when the yellow metal touched a record high of Rs 56,200 on the MCX in August, the prices are near Rs 48,000 per 10 grams now. This is roughly 14 per cent lower from the all-time highs and 4 per cent lesser compared to January 2021 levels.
Changes in global oil and gas rates matter more to India's economy than other major economies because the country imports around 87 per cent of its oil, half of its gas in the form of LNG, and over 60 per cent of its LPG.
Nanpakal Nerathu Mayakkam is a masterpiece, and like most masterpieces of the cinema, it's a great act of folly, observes Sreehari Nair.
What worked for the markets was favourable global investor sentiment and encouraging flows into the emerging markets following stimulus measures taken by central banks.
Reliance Industries Ltd (RIL) was the star performer in Friday's session, spurting over 6 per cent to its all-time high, Other Sensex gainers included Bajaj Finance, PowerGrid, ICICI Bank, Maruti, Axis Bank and SBI. On the other hand, IndusInd Bank, HCL Tech, ITC, M&M HDFC and Infosys shed up to 2.94 per cent.
Bajaj Finance was the top laggard in the Sensex pack, dropping over 9 per cent, followed by Axis Bank, IndusInd Bank, HDFC, ICICI Bank and M&M. Reliance Industries, however, capped the losses by rallying over 3 per cent. Sun Pharma, Hero MotoCorp, L&T, PowerGrid and Bajaj Auto were also among the gainers.
'If you look at the order books of capital equipment companies or money deployed on the ground, there is forward movement in terms of actual investment by the private sector.'
China on Monday continued its unprecedented military drills around Taiwan, extending the schedule of war games launched in retaliation to the visit by US House Speaker Nancy Pelosi to the breakaway island which Beijing claims is part of its territory.
On the Sensex chart, IndusInd Bank, SBI, Dr Reddy's, NTPC, ICICI Bank, HCL Tech and Bajaj FinServ emerged as major laggards.
Intense volatility remained amid a global selloff led by concerns over the impact China's coronavirus on world economies, analysts said. Market participants are also jittery ahead of January derivatives expiry this week, they added.
Axis Bank was the top loser in the Sensex pack, skidding over 3 per cent, followed by IndusInd Bank, Titan, HDFC, ICICI Bank, ONGC and HDFC Bank. On the other hand, Reliance Industries, Sun Pharma, HUL, Bharti Airtel and TCS were among the gainers.
Bajaj Finance was the top gainer in the Sensex pack, spurting around 4 per cent, followed by SBI, Tata Steel, HDFC, Bajaj Finserv, HCL Tech and M&M. On the other hand, ONGC, Tech Mahindra, TCS, HUL and Maruti were among the laggards.
'As socialism and secularism were the pivot of politics between 1952-80 and 1980-2010 respectively, Hindutva has now come to acquire the same dominance'
'We are losing the battle of secularism, but we have not lost.'
'Pakistan and the jihadis's capacities have been diminished because of increasing dominance of our security forces.'
Jaitley sets condition of 50% assets for applicability of capital gain tax.
Xi Jinping's recent actions in South Asia have amply demonstrated the disastrous impact of China's embrace, observes Jayadeva Ranade, the retired senior RA&W officer and China expert.
Umar Ganie captures glimpses of Vidya Balan and Arbaaz Khan's visit to Kashmir for Rediff.com.
Property registrations in Mumbai hit the 100,000-mark till November, marking a 10-year high as "demand enablers" like low prices and cheaper interest rates lure people to buy homes in India's financial capital. The previous 10-year high was 80,746 units in 2018. November 2021 recorded property sale registrations of 7,582 units: an 18 per-cent decline compared to same month last year (YoY) when stamp duty rate was at its lowest level of two per cent, said property consultant Knight Frank India, quoting data from the Maharashtra government's Department of Registrations and Stamps. Compared to October or a month-on-month (MoM) basis, registrations are lower by 12 per cent.
