It is difficult to say if the banking sector will see the worst behind it by March 2020, warns Tamal Bandyopadhyay.
83% of the CEOS plan to hire more in the new year.
Negotiators from nearly 200 countries have accepted a new climate agreement after the COP26 summit in Glasgow concluded its extra time plenary on Saturday with a deal, which recognises India's intervention for the world to 'phase down' rather than "phase out" fossil fuels.
RBL Bank is no Yes Bank. It's not fraught with fraud. It's a story of limitless ambition and greed for growth under a leader who doesn't want to give up, says Tamal Bandyopadhyay.
In a major expansion into sportswear and lifestyle wear segment, the Kumar Mangalam Birla-led Aditya Birla Fashion & Retail has signed a long-term licensing agreement with Authentic Brand Group of New York, which has the marketing and branding rights of Reebok, to run the operations of the global sportswear, athletic and lifestyle major in the country and ASEAN markets. The new agreement between the largest domestic multi-brand fashion retailer and Authentic Brand is an extension of their existing relationship as ABFRL already markets and sells some ABG brands like Forever 21. The agreement follows the global transfer of ownership of the Reebok brand from Adidas to ABG, which is expected to close in the first quarter of 2022.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
The additional outgo to combat the impact of COVID-19 will significantly erode the fiscal consolidation achieved by the state governments in the past three years, an RBI report said on Tuesday. In its study of the state budgets of 2020-21, the RBI report which has dwelled on the theme 'COVID-19 and its Spatial Dimensions in India', said that Gross Fiscal Deficit (GFD) of the states would spiral during the current fiscal.
Rajeev Mehta, chief executive for IT services, believes this is due to a few client-specific issues, saying the overall business environment continues to look good.
Joe Biden's B3W proposal aims to bring democracies together. India should come up with its own plans to contribute to the initiative, states Rahul Mishra.
Pakistan Prime Minister Imran Khan on Monday approved the national cricket team's tour of England from the end of this month. The clearance from Imran, also a former Pakistan captain, came when Pakistan Cricket Board chairman Ehsan Mani met him in Islamabad and updated him on the cricket matters.
This was the one Budget that required radical departures on all these fronts, when it had none, asserts, Shreekant Sambrani.
'While intensification of fuel prices and broad-based domestic cost pass-through pressures is a downside risk, core inflation is expected to strengthen further as demand recovers to pre-Covid levels,' the ministry said on Friday.
Biden, 'plotting an ambitious presidency that would begin amid twin health and economic crises, is leaning on veteran advisers with high-level governmental experience rather than outsiders and ideological rivals to help guide him on subjects including the coronavirus pandemic and the country's diminished standing in the world', a report in The New York Times said.
In a span of 24 hours, 2,37,050 people were vaccinated across 4,049 sessions. A total of 18,167 sessions have been conducted so far. On the testing front too, India continues to register growing numbers, the ministry said.
Kings XI Punjab batsman Mayank Agarwal was neither apprehensive about getting back to nets nor is he cribbing about strict bio-bubble guidelines in place for the IPL, saying it's worth following the protocols to compete in a league that "beats everything".
Why are investors gung-ho about State Bank? asks Tamal Bandyopadhyay.
Images from the third Twenty20 International between India and Sri Lanka, in Dharamsala, on Sunday.
There is little that Andreas Schmid, the Swiss-born chairman of Flughafen Zurich AG (Zurich Airport International AG), and Yogi Adityanath, chief minister of Uttar Pradesh (UP), could have in common. But Schmid, whose company is building the Noida airport in partnership with the UP government, finds himself on the same footing as the firebrand Hindutva leader who rules the state. Both hope the Rs 30,000-crore ($4 billion) project, hanging fire for 20 years, shows some progress when UP goes to the polls in 2022.
By any economic theory or doctrine, this is no Budget that supports economic recovery, whether through supporting aggregate demand, or through expansionary stimulus, declares Rathin Roy.
Images from Day 2 of the 2022 Australian Open in Melbourne on Tuesday.
If you are among those people who prefer to jump into bed first and save the difficult conversations for later, then these times might not fancy you, cautions Ravi Mittal, founder, CEO, Quack Quack, an online dating app.
It will be his second consecutive bid for the Democratic nomination after losing to Hillary Clinton in 2016.
'I hope to be back with more stories to tell'
However, experts caution that investors should not expect the big returns they got from the sector between March and September 2020.
A report published in British journal The Lancet reckons India's working population will surpass China's in the mid-2020s.
CEOs expect to finish the ongoing March quarter with positive growth as the corporates get back to work in full strength.
It is impossible for anyone to explain how markets are hitting record highs during an economic recession. It is both mysterious and surreal, notes Debashis Basu.
Govt may tighten presumptive taxation norms and also do away with some deductions.
Born to a Jamaican father and an Indian mother, Harris, 55, is the first Indian-origin and first Black woman to be picked by a major American political party for the top post.
Djokovic received severe backlash for organising the tournament with an audience amid the pandemic.
India took only six days to administer one million COVID-19 vaccine doses, a count which is higher than that of countries like the United States and the United Kingdom, the Union Health Ministry said on Sunday as the number of beneficiaries who have received the anti-coronavirus shots inched close to 16 lakh.
Maharashtra, Chhattisgarh, Karnataka, Uttar Pradesh, Delhi, Tamil Nadu, Madhya Pradesh and Punjab have shown a steep rise in daily COVID-19 cases
'Vaccination is very important for an economy to start functioning properly.'
After a strict lockdown impacting sales, India has returned to the growth path again, Anglo-Dutch FMCG major Unilever has said. The return of growth of India business, along with Brazil and continued recovery in China, helped the company's emerging markets clock a growth of 5.3 per cent in the September 2020 quarter.
Offline stores dominate the retail market and will continue to do so.
England opener Jason Roy will miss at least two World Cup games due to a hamstring injury but captain Eoin Morgan is bullish about overcoming a back spasm and playing against Afghanistan.
Paine admitted that there will be an element of uncertainty associated with the Brisbane Test if India, a powerful cricket board, wants to press the pressure button.
Maharashtra has reported the highest daily new cases at 58,924. It is followed by Uttar Pradesh with 28,211 while Delhi reported 23,686 new cases, the Union Health Ministry said on Tuesday.
These five stocks, which have lagged the markets over the last two years, have doubled in value since March 23.
ONGC was the top gainer in the Sensex pack, jumping over 5 per cent, followed by Bajaj Auto, ITC, Sun Pharma, Nestle India, L&T, Maruti, UltraTech Cement and HUL. On the other hand, Infosys, Axis Bank, Bharti Airtel, TCS and Titan were among the laggards.
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