There could be multiple measures announced in quick succession, not only by the finance minister but also other ministers regarding their respective sectors, and by the Reserve Bank of India. The total size of these announcements could rival that of other G-20 nations as a percentage of GDP.
After unseasonal rains, supply disruptions and pandemic-induced woes pushed retail inflation well over the Reserve Bank's comfort zone in 2020, the scenario is likely to stay that way at least in the short term as economic recovery slowly gains foothold. For most part of this year, pricier food items pushed the retail inflation, based on Consumer Price Index (CPI), higher in the range of 6.58-7.61 per cent, except for March when the reading was 5.91 per cent. Experts believe retail inflation is likely to average around 6.3 per cent this fiscal and mostly will remain sticky going forward owing to pick-up in demand across sectors.
The NSE Nifty touched a fresh 25-month high of 5,447, and ended with a gain of 43 points at 5,442. The market breadth was marginally positive - out of 3,014 stocks traded today, 1,546 ended higher, while 1,362 declined.
'We should not forget the core purpose of the lockdown -- to buy time to implement a strategy to tackle the virus, to prepare for the final lifting of the lockdown and to prepare for a 'new tomorrow',' notes Dr Sanjeeth Peter.
Other Graded Response Action Plan measures like ban on diesel generators, hot mix plants, stone crushers and brick kilns, however, continue to remain in place.
Suranjoy Singh, the gold medal winner of the prestigiuos President's Cup, had to toil hard to beat unheralded Mahimainathan 1-0 in his opening bout of the fourth Super Cup Inter-Zonal National Boxing Championship in Mumbai on Wednesday.
Going strong on its green run, the railways have decided to replace the electrical multiple units (EMUs) it uses to operate 2,415 trains in Central Railway and Western Railway zones with those running on three-phase Insulated Gate Bi-polar Transistor (IGBT) technology.
Wearing garlands, the farmer leaders, who had called for observing 'Sadbhavana Diwas' (Harmony Day) on Saturday after the immense outrage over violence by protesters during their Republic Day tractor rally, sat on the dais during the fast, as crowds of supporters swelled, especially in Gazipur where the Bharatiya Kisan Union is leading the protest.
A talented Central Zone team led by Piyush Chawla is aiming to come out firing all cylinders when it squares off with an equally combative South Zone side in the final of the Duleep Trophy, starting in New Delhi, on Wednesday.
'We have got Brexit done and we can now take full advantage of the fantastic opportunities available to us as an independent trading nation, striking trade deals with other partners around the world,' Downing Street said in a statement.
The government on Tuesday cleared nine fresh proposals for setting up special economic zones, most of which are related to IT and ITES, followed by the bio-technology sector.
You need to look into your relationships, emotional, mental, and financial life to find out what moves you into stressful moods, says Dr Manoj Kutteri.
Sanjeev Goel, business head, Manipal ProLearn, lists 10 courses that are currently most suitable for working professionals to upskill or reskill to ensure they remain of value in the job market and in future-ready organisations.
The NSE Nifty ended at 4,625, down 37 points. The market breadth was marginally negative. Out of 2,845 shares traded, 1,601 declined and 1,162 advanced on the BSE.
The NSE Nifty settled flat at 5,054. The market breadth was fairly positive, out of 2,843 shares traded, 1,599 advanced and 1,166 declined on the BSE.
The Nifty ended at 4,898 - up 102 points. The market breadth was positive today. Out of 2,796 stocks traded 1,993 stocks advanced while 756 declined.
The Sensex opened marginally (42 points) higher at 11,065 amid mixed cues from the overseas markets. After a brief slippage, the index bounced back into green and rallied to a high of 11,210, backed by smart gains in metal and realty stocks.
India is only interested in its Diaspora in a crude and grasping manner: It remembers the 20-million-strong overseas Indian community only to beg them for their money. This is hypocritical and unbecoming.
The disagreements over what needs to be done on floodplains allows for illegal takeover by land mafia till nothing is left, observes Sunita Narain
When Manmohan Singh takes up residence at his new Motilal Nehru Place address on Monday, he will be greeted by hundreds of bats and several other species of birds and mammals who are old inhabitants of the property.
With a little bit of chaos and a last-minute sprint on preparations, Rio de Janeiro was ready on Friday to revel in a moment seven years in the making: the opening of the Olympic Games.
'People are doing a lot of trading.' 'Short-term euphoria can be seen.' 'Retail participation is best through MFs and PMS.'
The fire was in the middle of the wetlands, fire brigade officials said.
Listening -- really listening -- to advisers in the government and outside would help. India has plenty of wise economists who have worked within the bureaucracy during previous crises, points out Rahul Jacob.
Footfalls will invariably come down to a trickle even after lockdown restrictions go away, and the only way to prevent someone else from poaching your consumer is to go down to the consumer herself. Consumers will prefer products and services to be delivered to their doorstep, hygienically and safely.
The government on Friday cleared seven co-developers in Mukesh Ambani-promoted Navi Mumbai SEZs, thus endorsing fresh investment through private equity players by a key partner of the Reliance Industries chairman, Mukesh Ambani.
Karthik is a certainty if it's a 40-over-plus per side game.
Vibha Harish is trying to create long-lasting health through natural forms of nutrition.
'I have only one life and that is enough.'
Rambo is invincible, sure. The film, however, is not.
Microsoft top boss Satya Nadella feels the increase in productivity has come at the price of burning the 'social capital' built up by companies over very many years, observes ad guru Sandeep Goyal.
'The government wants foreign companies to capture the insurance market.'
The broader NSE Nifty dipped below the 10,200-mark to hit a low of 10,180.25 before ending at 10,195.15, down by 165 points, or 1.59 per cent.
The draw interrupted a run of four straight league wins for Zinedine Zidane's side and left them second on 67 points after 31 games, three behind leaders Atletico who thrashed Eibar 5-0 earlier in the day.
Is it even an official disaster if you don't document it on social media? That seems to be the problem in Hawaii as officials are frustrated with people risking their lives all for a selfie. Hawaii's Kilauea volcano has been spewing lava ever since it started erupting on May 3. More than 1,700 local residents have been evacuated from the volcano's East Rift Zone on the Big Island of Hawaii, where lava from 20 fissure vents has destroyed 26 homes. And even now, people can't stop taking selfies with the dangerous volcano and posting them on social media.
Auroville just turned 50. Aurovilians who grew up in The experimental city speak of how their childhood was marked by a sense of openness and possibility.
Thyagarajan said the estimate of asbestos on board the aircraft carrier varies from 50 to 500 tonne and that information on the ship was incomplete and unhelpful.
An unprecedented security arrangement, comprising Delhi Police and paramilitary forces, has been put in place in the national capital ahead of the arrival of the US President Barack Obama, who is on a three-day visit beginning on Sunday.
Kanika Datta visits the Cu Chi military tunnels -- a testimony to a plucky little country's 30-year war of resistance against, first, French colonisers and, then, the US.
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