India's economic growth rate slipped to 6.9 per cent in the second quarter this fiscal, the lowest in nine quarters.
Defending the government's decision to open up the multi-brand retail sector to foreign investment, Plan panel deputy chief Montek Singh Ahluwalia on Friday said it would help farmers as well as consumers.
Tailang was under treatment for brain cancer since 2014 and breathed his last at his East Delhi residence in Mayur Vihar.
Akhilesh Yadav's first day out as the new chief minister of Uttar Pradesh virtually made him feel like a Bollywood star. But during his two-and-a-half hour long stay at the venue of the 'Hindustan Times Woman of the Year' show in Lucknow on Saturday evening, the country's youngest chief minister didn't bother putting up an act.
Benchmark stock indices Sensex and Nifty jumped over 1 per cent on Wednesday amid foreign funds turning net buyers of domestic equities after a long gap and positive opening in European stock markets. The 30-share BSE benchmark index climbed 616.62 points or 1.16 per cent to settle at 53,750.97. During the day, it rallied 684.96 points or 1.28 per cent to 53,819.31.
Dr Khare, 63, political editor of The Hindu newspaper, is also chairman of the Rajya Sabha's media advisory committee.
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Benchmark indices Sensex and Nifty gained around half a per cent to close at nearly five-month high levels on Monday following continuous foreign fund inflows and firm trends in Asian and European markets. Rising for a second straight day, the 30-share BSE Sensex climbed 317.81 points or 0.51 per cent to settle at 62,345.71, the highest closing level since December 14. During the day, it rallied 534.77 points or 0.86 per cent to 62,562.67.
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It was more of a reunion of two old friends on Friday with Prime Minister Manmohan Singh wasting no time in hosting his "good friend" George W Bush to a sumptuous Indian lunch of prawns, mutton korma, fish curry, lamb chops and a host of other delicacies at his residence 7, Race Course Road.
The aspirations of India's people have gotten far ahead of the political debate as one sees the malls in tier-2 cities and car showrooms in 'rurbanised' towns, notes Shashi Shekhar, who visited India after two years.
GDP growth in 2010-11 stood at 8.5 per cent.
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Raju Narisetti, who recently quit the Hindustan Times group's business newspaper Mint, has now been named one of the two managing editors of the Washington Post. Reports said that The Post named two managing editors on Tuesday Narisetti, who spent considerable time at the Wall Street Journal and Elizabeth Spayd, who has held top posts in the paper's digital and print newsrooms.
Diesel rates had gone up by Rs 12.55 a litre between June 7, when oil firms resumed revising prices in line with cost, and July 25.
While a total of 377 reports on Congress appeared in the Delhi edition of four leading English newspapers -- Indian Express, Times of India, Hindustan Times and The Hindu the opposition Bharatiya Janata Party could get their affairs onto the front page only 138 times during the first six months of this year.
Gandhi claimed that authoritarian tendencies are becoming clearer, with the erosion of fundamental rights being accompanied by a narrow imposition of conformity and obedience from dutiful citizens. voters polarised for electoral gains
Agriculture growth this year would be negative at minus two per cent as a result of adverse impact of drought particularly on kharif crop which would be down 15-16 million tonnes.
Equity benchmark index Sensex buckled under selling pressure for the second straight session to close below the 65k mark on Friday, as investors offloaded IT, teck and metal stocks amid a bearish global trend. Besides, fresh foreign fund outflows also hit investor sentiments, traders said. In a volatile trade, the 30-share BSE Sensex declined 202.36 points or 0.31 per cent to settle at 64,948.66.
Petrol and diesel prices are unlikely to be increased despite firming raw material costs because of upcoming general elections next year, Moody's Investors Service said. Three state-owned fuel retailers -- Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) -- which control roughly 90 per cent of the market, have kept petrol and diesel prices on freeze for a record 18 months in a row. This is despite the raw material (crude oil) cost surging last year, leading to heavy losses in first half of 2022-23 fiscal year before easing oil prices propelled them to profitability.
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The finance Minister's comments came on a day when states finance ministers deliberated on various aspects of GST structure at a meeting in New Delhi.
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'All this while he has been maintaining that he is innocent and, if that is the case, why will he run away?'
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India's first Formula One driver Narain Karthikeyan said he was never interested in joining Force India and criticised team co-owner Vijay Mallya for saying no Indian was good enough to drive in F1.
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.
Despite the Congress coming to power in New Delhi, experts on Indian politics on Thursday said in New York that the election results 'read across the board' as an overwhelming victory for India's oldest political party should not be construed as a national faith in the party.
India's total value of defence production breached Rs 1 trillion-mark in the fiscal year 2022-23 (FY23), up 12 per cent year-on-year (YoY). At the bourses, this has been well reflected in related-stocks from the sector as they gained considerable ground during this period. Shares of Hindustan Aeronautics (HAL), Mazagon Dock Shipbuilders, MTAR Technologies, Bharat Electronics (BEL), and Bharat Dynamics (BDL) have skyrocketed up to 160 per cent in a year, as against a 14 per cent jump in the S&P BSE Sensex.
Excerpts from the text of the Prime Minister's address at the Hindustan Times Leadership Summit in New Delhi on Friday
Varsha Bhosle salutes that effervescent icon of Indian cinema, Dev Anand.
Pakistan President Asif Ali Zardari on Saturday declared that his country will not be the first to use nuclear weapons against India and would work towards opening trade, besides underscoring that Kashmir belonged to the Kashmiri people.
Congress president Sonia Gandhi on Friday invoked her mother-in-law Indira Gandhi to send a message that but for the former prime minister's 'much reviled' bank nationalisation four decades back the country's financial institutions would have been hit by the current global economic crisis. "Every passing day bears out the wisdom of that decision (bank nationalisation in 1969)," Gandhi said in her address at the Hindustan Times Leadership Summit.
Within six months, outlets carrying Vicks jumped from 60,000 pharmacies to 750,000 general stores. The trade boycott collapsed. Consumers were happy, finding Vicks now at every street corner. A fascinating excerpt from Gurcharan Das's Another Sort of Freedom.
Indian media has hailed their cricket team's first Test victory on New Zealand soil since 1976 while former players backed the team to win their first Test series in New Zealand in four decades.
Former United States President George W Bush is a 'great friend of our country'.This is how Prime Minister Manmohan Singh described him as he hailed the key role played by Bush in ending India's 34-year isolation in the nuclear field.Dr Singh, who later hosted a lunch for Bush, had told him last year "the people of India deeply love you".
A secret four-part document detailing the benefits of sex, and put together by India cricket coach Gary Kirsten and mental conditioning expert Paddy Upton, has been handed over to members of the Indian cricket team.
India's cash-rich cricket board could lose up to US$10 million in revenue following the scrapping of this month's tour of Pakistan, domestic media reported on Friday. India had been scheduled to play three Tests, five one-dayers and a Twenty20 international during that tour. The Pakistan Cricket Board had said they could lose up to $20 million in revenue.
