Warning of a second wave of the H1N1 pandemic that might be highly pathogenic and have a high fatality rate, experts have asked the government to be prepared to face any eventuality.
Even as India is grappling with the H1N1 which has claimed over 165 lives in the last two months, the World Health Organisation has said there is an increasing trend of the pandemic in the country.
Dabur's performance in the July-September quarter of the current financial year (Q2FY25) was weak but in line with consensus. Consolidated revenue declined 5 per cent year-on-year (Y-o-Y) due to a temporary adjustment in General Trade (GT) inventory. Indian revenue declined 7.6 per cent, while international business grew 13 per cent Y-o-Y in constant currency (CC) terms.
Swine flu toll in Pune rose to 25 with a middle-aged woman succumbing to the viral infection in the city on Wednesday.
The Reserve Bank on Friday projected retail inflation to be in 5-5.2 per cent range during the first half of the next fiscal year, expecting further softening of vegetables prices in near term. Also, it has lowered the retail inflation forecast for the current January-March quarter of 2020-21 fiscal at 5.2 per cent. The Reserve Bank (RBI) has kept the key policy rate unchanged at 4 per cent, with an accommodative stance, so as to ensure that inflation remains well within the target, Governor Shaktikanta Das said while announcing the last monetary policy of 2020-21.
US immigration authorities, in the past four years, have increased denial of work-related visas, with India-born professionals being refused at higher rates than nationals of other countries, an American think tank said in a report on Friday.
'But it is only now being detected more via a test that costs about Rs 15,000 to Rs 20,000.' 'The HMPV virus typically causes mild respiratory symptoms in most people, but can be more severe in young children, the elderly, and those with compromised immunity.'
The new Grassley-Durbin bill would weaken the economy. Here's how to let the H-1B visa program strengthen the US instead.
According to Dr V N Katoch, Director Indian Council of Medical Research (ICMR) several influenza viruses keep on circulating among human, birds and animals like pigs and keep on recombining and reasserting with each others. These changes cause genetic variations among these viruses and new viruses emerge in this process.
Two fresh cases of swine flu have been reported from two private hospitals in Hyderabad, a top health official said on Tuesday.
Even as the proposed H-1B visa curbs and possible elimination of this programme by the United States Congress is on the cards, Foreign Secretary Shiv Shankar Menon said in Washington on Wednesday that there's absolutely nothing India can do about it because it's a sovereign prerogative of the US.
As federal officers raid alleged abusers, tech employers worry they'll run short of skilled foreign workers, especially in stimulus sectors.
A top American Senator, who visited New Delhi earlier this month, vowed to look into the "disproportionate number" of H-1B visa being denied from India, amid concerns over the increase in certain categories of visa fees.
Indian IT companies can take a breather as the US Senate vote for imposing stringent conditions on the hiring of H-1B visa workers.
The recent blip in housing sales on a quarter-on-quarter (Q-o-Q) basis should not worry investors as the long-term prospects of real estate stocks remain on a strong foundation, according to analysts. In the first half of the calendar year 2024 (H1CY24), realty stocks surged up to 104 per cent. This sharp run should be used to book partial profit in related stocks, suggested Deepak Jasani, head of retail research at HDFC Securities.
Eighteen American information technology professionals have filed a civil lawsuit against its former employer, Cognizant, for replacing them with people from India who were hired by the IT major on H-1B visas.
Primarily meant for computers and information technology professionals, the H-1B visas have been one of the most sought after for foreign professionals in previous years. The US Citizenship and Immigration Service has been receiving several times the number of the allocated quota. However, this year, the USCIS is struggling to fill up the 65,000 H-1B visas as mandated by the US Congress.
India's economy grew 7.6 per cent in the September quarter of this fiscal and remained the fastest-growing large economy, mainly due to better performance by manufacturing, mining and services sectors, the government data showed on Thursday. The gross domestic product (GDP) expanded by 6.2 per cent in the July-September quarter of 2022-23. India remained the fastest-growing major economy, as China posted a 4.9 per cent growth in July-September 2023.
The money generated, expected to be more than a billion dollar per annum, would be used to fund a biometric entry and exit tracking system
'As far as skilled immigration is concerned, the US needs Indian skills and Indian talent, and there are no two opinions about it even among US companies.'
"We will fight to protect every last American life," Trump
A 59-year-old man undergoing treatment for swine-flu at Safdarjung Hospital in New Delhi has died, in what is believed to be the first death from H1N1 influenza in the national capital this season.
The Q2FY25 revenue for Coal India (CIL) was reported at Rs 30,700 crore (down 6 per cent year-on-year or Y-o-Y and 16 per cent sequentially). The blended average selling price was Rs 1,622/tonne (down 6 per cent Y-o-Y and 3 per cent quarter-on-quarter or Q-o-Q). Adjusted operating profit stood at Rs 7,200 crore (down 20 per cent Y-o-Y and 38 per cent Q-o-Q) due to lower-than-expected e-auction volumes and higher costs.
The past 18 months have seen a resurgence in the real estate industry, with developers regaining the ground lost to the Covid-19 pandemic. But it is once again adding inventory at a pace faster than sales. The industry's inventory rose by 28 per cent year-on-year (Y-o-Y) in H1FY24, com-pared to a 25.5 per cent year-on-year increase in net sales during the same period.
The two-wheeler segment has shown signs of recovery in the first half (H1) of calendar year (CY) 2024, largely driven by improving performance in rural areas. According to the Federation of Automobile Dealers Associations, rural contribution to two-wheeler sales surged by 57-60 per cent in the April-June quarter of 2024-25, indicating a rising demand in these regions. Experts believe that this trend will continue, supported by a favourable monsoon season and government initiatives aimed at rural development.
'In the second half of 2024, about 60% of startup jobs will be taken by entry-level candidates with 0-3 years of experience.'
Management commentary on demand environment, and forward guidance will be in focus when Indian IT services players declare their September quarter results for financial year 2024-25 (Q2FY25). The industry is exepected to have continued on the path of recovery in Q2, similar to the preceding quarter, rather than sprint towards growth. The top four firms likely grew between 0 per cent and 4 per cent year-on-year (Y-o-Y), according to consensus estimates.
The US move comes in the midst of protests by India that the increase incorporated in the Border Security Bill is discriminatory against Indian companies and needed to be amended.
Automobile retail sales in India declined 9 per cent year-on-year in September amid a massive buildup of passenger vehicle inventory due to sluggish demand, dealer's body FADA said on Monday, urging original equipment manufacturers to take corrective steps. The overall registrations declined to 17,23,330 units last month from 18,99,192 units in September 2023, as most of the categories including passenger vehicles and two-wheelers witnessed a year-on-year (Y-O-Y) drop.
Frist hoped that the bill would clear the full Senate this week, or before Congress heads for a two-week Easter recess.
Several Indians who arrived with an H-1B visa at Newark and John F Kennedy airports were deported based on a new rule, immigration attorneys and activists have reported. The new rule stipulates that those who arrive on a work visa should 'arrive at the place of work'.
During the September quarter (Q2FY25), Hindustan Zinc's (HZL's) revenue was reported at Rs 8,300 crore (up 22 per cent year-on-year or Y-o-Y, and 2 per cent quarter-on-quarter or Q-o-Q), marginally above consensus. Operating profit stood at Rs 4,100 crore (up 31 per cent Y-o-Y and 5 per cent Q-o-Q), also a small beat. The operating profit margin was 50 per cent, up from 48.5 per cent in Q1FY25.
'Investors looking at the next 6-12 months can be certain that the Fed will maintain its easing cycle, and we expect the overall environment to be conducive for fixed income investments for portfolio diversification.'
This is not the first EV that Mercedes would be making in India though. It has been making the EQS sedan here for the last 18 months, and has sold 500 units of the car.
'We expect market consolidation and recommend buying during market dips.'
After some enforced slowdown in offtake during April-May 2024 due to elections, the cement sector is looking at a possible demand rebound which may help it to push up prices. The April'24 offtake was muted while May'24 saw some improvement with a likely 5-6 per cent rise in demand month-on-month (MoM). In June, some price hikes seem to have been taken, which suggests more sustained improvement in demand.
The H-1B visas coveted by highly-skilled professionals mainly from India appear to be losing its sheen thanks to the economic downturn in the US when for the first time in years there were fewer takers even one week after authorities began accepting applications.
The US Citizenship and Immigration Services would accept petitions for the H-1B work visas on the first five working days beginning April 1.
