Major Somnath Sharma was awarded the Param Vir Chakra posthumously for his bravery in the Kashmir operations on November 3, 1947.
There are also signs that the private sector investment cycle is slowly coming back, as capacity utilisation figures across industry continue to slowly creep up. A pickup in investments will front load profitability, says Akash Prakash.
'Being a hero is not a very easy task. You have to dance around trees, not to mention all the odd and unnatural things you have to do. Now I am spared of all that.' Jagapathi Babu reveals why playing an antagonist is far more rewarding than being a hero.
Indian equities are no longer cheap vis-a-vis global markets, and only a short distance away from being the most expensive they have ever been.
'While consumers have benefited tremendously from rock-bottom telecom tariffs, the telecom sector has been reeling under deep financial stress,' points out Rajan S Mathews, director general, Cellular Operators Association of India.
'After household expenses, we are left with nothing...' 'Sometimes I think it is better to shut the store...'
Himanshu and Twinkle Kalia spend their days ferrying the ill to hospital, fetching medicines, arranging funerals and sometimes stepping in to perform last rites too.
'How will they give me permission to die when there are many others in conditions worse than mine?'
Technology giant IBM's workforce-rebalancing efforts have now hit India, with the company asking several of its employees in its hardware business unit to quit.
'If India can only grow at 5%, why bother spending time on the country?' asks Akash Prakash.
'The focus is more on the outlook for global growth'.
New Zealand, the tournament runners-up last time, grabbed the last semi-final berth after a hat-trick of defeats nearly derailed their strong start in the tournament.
'It is time we Indians learnt to believe in ourselves, and stopped questioning our own capabilities every time a space launch is not a glorious success,' says M D Riti.
Divij Sharan and Samantha Murray Sharan paired on the mixed doubles court for the first time and defeated Ariel Behar and Galina Voskoboeva 6-3, 5-7, 6-4 in the first round on Friday.
Setting aside the conviction of a tribal man in the alleged murder of a woman, the Madhya Pradesh high court has slammed the police saying they investigated the case with the "sole purpose of falsely implicating" him, and directed the state government to pay Rs 42 lakh to him as he spent over 13 years behind bars "awaiting justice".
The BSE Midcap and the Small-cap Index have run up 25.3 per cent and 31.3 per cent respectively over the past year. Valuations are no longer cheap, notes Sanjay Kumar Singh.
With the wedding season already in full swing, a few things to keep in minutes financially when tying the knot, advises Bindisha Sarang.
After outperforming the broader market and their public sector peers for the better part of the post-Lehman period, private sector banks - such as HDFC Bank, ICICI Bank, Axis Bank, and Kotak Mahindra Bank - are now underperforming. Last week, the Nifty Private Bank index was up just 6 per cent year-to-date in the calendar year 2021, against nearly 13 per cent rally in the Bank Nifty and a 15 per cent rise in the benchmark Nifty50. Public sector (PSU) banks, such as State bank of India, Bank of Baroda, and Punjab National Bank, are now rally leaders and outperforming the broader market. The Nifty PSU Bank index was up 42 per cent since the beginning of this calendar year. But on a longer term, the Nifty Private Bank index is up 101 per cent since March 2016, against a 118 per cent rally in the Bank Nifty and just 2 per cent rise in the Nifty PSU Bank index in the period.
Months after making history by winning America's Got Talent, Mumbai's V Unbeatable dancing crew is crumbling under the lockdown.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
'Considering that an Internet company's market value is largely determined by its direct access to consumers for digital services, and largely served outside a sovereign country's control, it would appear reasonable in trade terms to discuss fees for a seat at the proverbial 'table' of opportunities in the largest open consumer market,' argues Venki Nishtala.
But there are challenges, observes Tamal Bandyopadhyay.
'... as has been happening in the last three weeks, then the foreign exchange reserves will not be comfortable to ensure that the rupee does not fall drastically.'
The long-term growth perspective or potential for India is one of the highest in the Asia Pacific region.
Amazon India Country Head Amit Agarwal refers to all talk of mergers as 'noise'. 'All this is a distraction, when the focus should be on the customer,' he says.
First it was called content-led commerce. Then it came to be known as influencer-led commerce. And its latest iteration is creator economy. This evolution of the terminology for online personas impacting buying decisions -- through blogs, memes, bite-sized videos, and podcasts -- has happened over the past five to seven years.
Fifty years ago today, December 25, 1972, Chakravarti Rajagopalachari, one of the titans of India's freedom struggle, passed into the ages. Kalki Krishnamurthy, who penned the Tamil classic Ponniyin Selvan among numerous other novels, describes his first glimpse of the man who would become an august national leader and his cherished role model.
'During Congress rule, the government used to get both the fishermen and the boats released whenever the Sri Lankan navy apprehended them.' 'Under BJP rule, only the fishermen are being released.'
Analysts expect Colgate's overall volume growth to remain in single digits (around 5-6 per cent) for the next two years.
PSU divestment, LIC IPO, fiscal deficit: Budget 2021 marks a clear change in the Modi government's stance from fiscal conservatism to growth orientation.
Consumers are paying an exorbitant 180 per cent tax on petrol, and 140 per cent on diesel in Delhi and in most other towns in India. Little wonder then that the central government expects a staggering Rs 3.46 trillion by levying excise duties on retail sale of the two fuels this year, and Rs 3.2 trillion the next. States would generally have had reason to cheer, as they command a 41 per cent share in Centre's tax revenues. But as the Centre has raised excise duties in the form of "cess," the revenue proceeds are by nature not shareable with states.
The growing economy has spun a wheel of fortune for Indians, with high income households outnumbering those in the low category for the first time at the end of 2009-10, according to estimates made by think-tank NCAER.
The GDP growth is estimated to come at the "deceptively high" level of 20 per cent for the April-June 2021 quarter but is far below the same in the pre-COVID times, rating agency Icra said on Wednesday. Icra said the low base of the last year, when the GDP had contracted by close to 24 per cent, "conceals" the impact of the second wave of COVID-19 infections. Economic activity is boosted by robust government capital expenditure, merchandise exports and demand from the farm sector, it said, estimating the GDP to grow by 20 per cent and the gross value added (GVA) will register a growth of 17 per cent for the June quarter.
'The win will change a lot of things in Praggu... the confidence in his potential will be one of them. The win has ensured a lot of visibility which will give him a lot of opportunities.'
'The fiscal pressure will be there, but the intent of the government behind this move is to spur demand and growth.'
Villages engulfed by darkness have a ray of hope with ONergy offering poor villagers have with a complete range of solar products.
Inflation pegs down currency value, re-allocates resources, reduces potential economic growth and leads to the attrition of gross domestic savings.
The celebrations after the 2017 World Cup went on for the next few months. But there was one question that the Indian cricketers failed to respond to in their interviews. 'What was their next assignment?' Nobody knew; the players were waiting for the BCCI to tell them. The BCCI, with barely any time from its endless legal tangles, had nothing in mind immediately. The likes of Australia and England were back on the field, battling it out in the Ashes in front of sizeable crowds. But for Mithali Raj and team, there was no road ahead.
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