Led by strong growth in its luxury sedan Chevrolet Optra, auto major General Motors India on Tuesday reported a 123.5 per cent growth in car sales in June 2004 to 2,418 units from 1,082 units in the same month last year.
Higher inflation has again become a matter of concern for fast-moving consumer goods (FMCG) companies. After prices of commodities like sugar and wheat moved higher and stabilised at those levels, the crude oil too surged, adding to FMCG firms' worries. Besides, a dry spell in August in the ongoing monsoon season impacted rural demand.
The PM gave a call for 'Sabka Prayas' (everyone's efforts) along with ''Sabka Saath, Sabka Vikas, Sabka Vishwas'' for building a self-reliant India.
Notwithstanding lower growth rates recorded in the first quarter (Q1) of 2023-24 (FY24), which spanned from April to June, footwear stocks have seen some gains in the past two trading sessions. Bata India saw an increase of approximately 5 per cent, driven by positive expectations surrounding a potential tie-up in the sports/athleisure segment. This development is viewed favourably due to the segment's higher growth rates.
The Supreme Court on Thursday warned the Maharashtra State Election Commission (SEC) of contempt action if it renotifies the election process to 367 local bodies, where it has already commenced, in order to provide reservation to OBCs.
Kashmir is reeling from a heat wave after the valley earlier this week witnessed the second-hottest September day in recorded history, causing hardships to locals and tourists alike.
Mutual funds focused on investing in fixed-income securities witnessed a heavy outflow of Rs 92,248 crore in June on uncertain macro environment, driven by expectations around an increasing rate cycle, higher commodity prices and slowdown in growth. This comes following a net outflow of Rs 32,722 crore in May and an inflow of Rs 54,756 crore in April, data available with Association of Mutual Funds in India (Amfi) showed. Out of the 16 fixed-income or debt fund categories, 14 witnessed net outflows during the month under review.
The last date to apply for the medical entrance exam is December 31.
Restoration of peace and the normal routine of daily life, compared to the past, stands out as its most significant achievement, observes Mohammad Sayeed Malik, the veteran commentator on Kashmir affairs, four years after the abrogation of Article 370.
Irregular rainfall and a pick-up in commodity costs are expected to weigh on the demand and margins of fast-moving consumer goods (FMCG) companies. Most companies reported a sharp expansion in gross margins in the April-June quarter (first quarter, or Q1) of 2023-24 (FY24), given the lower prices of key raw materials and earlier price hikes. Furthermore, there were expectations that cost savings being passed on could reflect in volume growth going forward. However, these hopes could be dashed if demand recovery, especially in the rural segment, stalls, and gains on the raw material front start to recede.
Central Bureau of Investigation has said that the Central agency is likely to question former Bihar chief minister and Union Railway minister Lalu Prasad Yadav in connection with the land-for-job case.
This is your chance to work with one of India's largest banks.
The Supreme Court of India on Wednesday asked the Centre to examine how people with disabilities can be put under different categories in civil services.
Renewed inflationary pressures, led by a spike in prices of vegetables and cereals, have cast a spell on the equity markets in the past month. The BSE Sensex and Nifty50 have declined up to 2 per cent each during the period, clipping the 13 per cent rally from the March lows, shows data from ACE Equity. Investors typically consider shares of fast-moving consumer goods (FMCG) companies as defensive bets, putting their weight behind them in a falling market.
vThe longest duration cyclone over the north Indian Ocean had developed over the Bay of Bengal and weakened over the Arabian Sea between November 8-23, 1977 with a life period of 14 days and six hours.
The five-state assembly elections are seen as a now-or-never, no-holds battle for the Congress, points out N Sathiya Moorthy.
Modi also accused previous government of neglecting the pilgrim city and said criminals had a free in the state.
The Supreme Court Monday said the appointment of the chief justice of Manipur high court has finally received the Centre's attention and will be notified "shortly", over three months after the apex court collegium had recommended Delhi high court judge Siddharth Mridul for the post.
The government on Wednesday said it was 'entirely possible' to provide admissions in general categories in elite educational institutions, while putting on hold reservation for OBCs till the court decides.
'The government never asked any transport association before making this law on hit and run cases.' 'MPs only clapped to Amit Shah's new law and never questioned him about this law.' 'Are these MPs not bothered about the lives of drivers?'
Exemption limit for the general category of individual taxpayers will increase the liquidity.
rediffGURU Sunil Lala answers your MF-related queries.
Director Prakash Jha moves away from the central plot of reservation, perhaps inadvertently
These funds can fetch double-digit returns over the long term which debt tax-saving products can't.
A group of Maratha reservation activists torched the first floor of the Majalgaon Municipal Council building and vandalised it in Maharashtra's Beed district, soon after setting on fire the residence of local NCP MLA Prakash Solanke on Monday, the police said.
Do you have financial planning queries? Ask rediffGURU Anil Rego.
The announcement was made in advertisements published by the state's information and public relations department in various newspapers on Saturday.
The Supreme Court on Wednesday dismissed a plea seeking an extra chance to appear in the Union Public Service Commission civil services exam by aspirants who have exhausted their last attempt last year amid the COVID-19 pandemic.
"A solution has been put on the table. It is for Andhra Pradesh to decide whether they want the resources or they want to make an issue (out of it)," he said.
"We have prepared a broad platform where we have assessed the top 50 judges of the country who would be considered for appointment to the Supreme Court of India. We have data on judgments and the quality of judgments. The idea is to make the process of appointment in the Supreme Court more transparent," the CJI said.
'The government is trying to give a message that we as political bosses have discretion of deciding what people will read and what people will not read.'
Shruti Sharma, a student of history, has topped the civil services examination 2021, with the first three rank holders being women in results announced by the Union Public Service Commission (UPSC) on Monday.
Shruti Sharma, a student of history, has topped the civil services examination 2021, with the first three rank holders being women in results announced by the Union Public Service Commission (UPSC) on Monday.
The Congress has pinned its hopes on many of the old-timers and also given representation to some new faces in its first list of candidates announced for the Chhattisgarh assembly polls scheduled next month.
The 76kg category had eight wrestlers while the 68kg class featured nine wrestlers, where minnows like Bangladesh, Mauritius, Cameroon, Tonga and New Zealand were part of the field.
DoT, has decided that it will not cancel the GSM licences of dual-technology companies.
'Killed #terrorist identified as Aqib Mustaq Bhat of #Pulwama (A category). He initially worked for HM #terror outfit, nowadays he had been working with TRF. #Killer of late Sanjay Sharma #neutralised,' Kumar tweeted.
Elections may be a few months away, but the government may get into election mode much earlier than that, predicts A K Bhattacharya.
Official sources said the CRPF commandos will be deployed for the security of Owaisi round-the-clock.
The apex court, which had passed an order on May 10 and noted that no reservation for OBCs can be provisioned until the triple test formality is completed 'in all respects' by the state government, permitted the state to notify the reservation pattern local body wise as delineated in the reports of the dedicated commission.
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