The first step to keeping your job safe, experts tell Rediff.com's Divya Nair, is understanding why layoffs happen.
Maruti was the top gainer in the Sensex pack, rallying over 6 per cent, followed by M&M, Bajaj Auto, NTPC, Reliance Industries and HDFC Bank. NSE Nifty advanced 1.90 points to record 17,855.10.
What some of our leaders were up to on Monday and Tuesday.
The market could be influenced by events elsewhere in the world and regardless of what happens to India's economy
After bumbling for years since 2014, the Modi government seems to believe that massive government expenditure will lead us to prosperity supported by 'seat-of-the-pants' decision-making, observes Debashis Basu.
'One of the biggest employment generators, the MSMEs, have not got much from the government.'
Even as India's passenger-vehicle sales touched a record high of 3.9 million units in 2022-23, growing 27 per cent over the previous financial year, the country's largest carmaker, Maruti Suzuki India (MSIL), said on Monday uncertainties in the electronic-component supplies might affect production in FY24. MSIL said the shortage of electronic components had some impact on production in FY23. "The company took all possible measures to minimise the impact.
The adverse impact on the margins of auto, consumer staples and consumer durables sectors will be counterbalanced by an earnings uptick in the metals, cement and oil & gas sectors.
Investors and companies should brace for higher commodity prices over the next few weeks in the backdrop of Russian troops attacking Ukraine on Thursday. Meanwhile, US President Joe Biden threatened new sanctions against Russia for an act of aggression against Ukraine. All this, analysts believe, can push prices of key commodities such as crude oil, ammonia, urea, potash, and phosphates higher.
Market benchmarks gave up intra-day gains to close in the red for the sixth session on the trot on Friday, capping a bruising week which saw a massive dash for safety amid rate hikes by global central banks and fears of slowing growth.
The coronavirus pandemic has taught that viruses cannot be taken lightly, and the unpredictability in emerging scenarios of health have to be respected and addressed, Paul noted.
Zaheer Khan said he was "puzzled" over the fact that a string of fast bowlers are spending time away from the field nursing repetitive injuries.
India tops this list, with 3.7 million deaths, and China comes a close second with 2.8 million deaths. In all the four scenarios outlined, India tops China in the number of fatalities. Scenario 6 is the worst, and predicts more than 16 million deaths in India and 12 million in China.
While the collapse of a large financial intermediary can wreak havoc on the system because of the interconnectivity, a large business conglomerate too can play spoilsport if the banks have too much exposure to the entity, explains Tamal Bandyopadhyay.
Employees across segments, including those involved in specialised jobs such as technology, compliance and risk management, have started leaving the bank fold in hordes, observes Tamal Bandyopadhyay.
For the BJP, the RSS' organisational heft is a prized asset, considering the slew of elections it faces this year, ahead of the Lok Sabha election in 2024.
'Modiji has a vision for the country, not just to fight the elections but about achieving certain goals for the country.' 'Congress does not even have a vision for 25 days.'
If your resume does not shine your strengths, passion and dedication, you will never cut through the competition to make it to the top, notes Sarita Digumarti, chief learning officer, UNext Learning.
Prime Minister Narendra Modi will embark on a three-day visit to Germany, Denmark and France from May 2 to 4 to further expand bilateral ties in diverse areas.
In India, Accenture said it continues to hire, and as part of its ongoing compensation programs, it also recently recognised a number of its people with bonuses and promotions.
Privatisation of BPCL, which was dubbed India's biggest ever, has been stalled with just one bidder left in the fray after two others walked out over issues such as lack of clarity in fuel pricing, a top source said. The government had planned to sell its entire 52.98 per cent stake in Bharat Petroleum Corporation Ltd (BPCL) and invited Expression of Interest from bidders in March 2020. At least three bids came in by November 2020 but only one remains now after the others withdrew from the race.
India is looking to tap its diplomatic missions abroad to enable grain exporters in the country to ship out wheat and corn as supplies from Russia and Ukraine are expected to remain disrupted for some time to come. Between the two items, pushing for wheat is easier because of a huge domestic surplus. "We are hand holding our exporters and support from various Indian missions abroad is also being channelised accordingly," a senior government official said. Global wheat prices have jumped since the Ukraine crisis started, with wheat futures in the US reaching their highest levels since 2008.
'When a Project Director is appointed, the whole organization -- including the Chairman ISRO -- works for his success. It is a lesson that has been of abiding value all through the other projects I have worked on,' recalls the late President, one of the earliest pioneers at ISRO.
The IAF chief also said Pakistan has become a pawn of Chinese policy and its dependence on China would increase further in future. He said India needs to understand the interplay of some major events in its vicinity that would impact the security scenario of the region.
'A change we have seen after the Russia-Ukraine war is the energy crisis in Europe.' 'Earlier, in Europe, people used to change their clothes after 5 washes, now they are using it till 15-20 washes.' 'They used to change their entire wardrobe after 2 months or so, but because of the economic conditions, it has changed.' 'It has affected exports as 40% of our exports is to Europe, 30% to the US and 10% to the UK.' 'The war has to end for better days to come.'
The drying up of funds for a number of start-ups is affecting the firms' unicorn status across the globe. The past six months have seen the valuations of 147 unicorns drop, of which 71 were from the US and 29 from China, according to the latest Hurun Global Unicorn Index 2022. Eighty-one unicorns from across the globe saw their valuations drop below $1 billion-the threshold for a start-up to be labelled unicorn-from last year.
By offering aid to China in its hour of need we will create an opening to Xi Jinping to rectify his policy towards India, argues Colonel Anil A Athale (retd).
Images from the World Athletics Championships in Budapest on Saturday.
With India rolling out 5G services, can telcos get the sizeable 350-400 million 2G customers to upgrade to 4G, or even better -- but very improbably -- straight to 5G?
'Such big falls are quite frequent these days, so do not try to time this market.' 'Use big dips to accumulate quality stocks.'
As regards India, FIIs have pumped in over Rs 34,400 crore in the Indian stocks in calendar year 2021.
'India has formed tremendous resilience and still a strong growth.'
Besides high portfolio yield, investors may enjoy capital gains in debt funds in 2023 as bonds rally in anticipation of rate cuts.
Global energy supermajor BP plc on Thursday said it is about to open its first 'Jio-bp' branded petrol pump in partnership with Reliance Industries near Mumbai.
Maruti's results and the investor response indicate that quite a few stocks in the auto sector could be on the verge of a big bounce, says Devangshu Datta.
Institutions will wait till there is more clarity on Budget.
Automobile dispatches from factories to dealerships across the country declined 23 per cent in February, as various supply-side challenges, including semiconductor shortage, and rise in vehicle prices due to the implementation of new regulations continued to impact demand scenario, industry body SIAM said on Friday. Wholesales of domestic passenger vehicles, two-wheelers and three-wheelers declined 23 per cent to 13,28,027 units last month, compared with 17,35,909 units in February 2021. Overall, passenger vehicle dispatches in February 2022 declined six per cent to 262,984 units, compared with 281,380 units in the same month of last year.
Waves of foreign portfolio investments worth over Rs 51,000 crore splashed into the Indian market in 2021 as overseas investors turned net buyers of domestic securities for the third straight year while excess global liquidity and other factors steered the ebb and flow of their investing ways. With the global financial system still flush with liquidity, emerging market assets, especially equities, might well remain the preferred investment avenue for many more months to come, experts opined. As the equities sizzled during most of 2021, that also saw economy slowly coming back into the recovery path, Foreign Portfolio Investors (FPIs) turned net buyers but their investment is much less compared to net inflows of Rs 1.03 lakh crore in 2020.
Prime Minister Narendra Modi on Sunday stressed the need to ensure adequate health infrastructure at the district level and asked officials to maintain coordination regarding this with the states, in view of the prevailing COVID-19 situation.
Biden, while not ruling out the meeting Putin at G20 meet, said that there are conditions attached.
