Villages engulfed by darkness have a ray of hope with ONergy offering poor villagers have with a complete range of solar products.
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.
Inflation pegs down currency value, re-allocates resources, reduces potential economic growth and leads to the attrition of gross domestic savings.
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.
Amazon's huge investment of $80 million a month didn't win it favour over customers during the festive season, with rival Flipkart selling more goods, reports Alnoor Peermohamed from Bengaluru.
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.
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.
If financials and oil sectors were removed, India Inc has done quite well.
India's Anirban Lahiri has struggled with his game over the past 18 months on the PGA Tour and the 32-year-old says golf's shutdown due to the coronavirus pandemic has given him the opportunity to reset. Lahiri finished 178th on the FedExCup points list at the end of last season and needed to regain his Tour card through the Korn Ferry Tour Finals, which serves as an avenue to earn membership of the lucrative US based circuit.
As per the budget document presented in Parliament, public sector enterprises, including banks, are expected to contribute Rs 88,188 crore in the form of dividend and profit to the government in the current financial year.
'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.'
'The current economic contraction is certainly due to the lockdowns as a response to the pandemic, which is an act of God.' 'Nobody has seen such a thing in the last 100 years.' 'Saying that this was an act of mismanagement is largely incorrect'
We must work in the direction of an innovation and technology driven economy which could boost up creation of jobs and open advanced and newer avenues of employment within the country.
The Tamil Nadu-based Jeevan Nedunchezhiyan, who recently made his Davis Cup debut and is expected to lead India's doubles challenge in coming years, is spending time hitting at private courts and handling the marketing of their family resort in Pondicherry.
Growing protectionism in their main markets - the US and the UK - has forced them to hire local workers, upending the cost arbitrage model they had built their business on.
The US is the biggest market for the outsourcing industry.
Veteran India pace bowler Jhulan Goswami said she was glad to have stood up for the side after the narrow loss in the second ODI against Australia by being a major contributor to the consolation win in the third and final match at Mackay on Sunday.
Bhavani, who failed to qualify for the 2016 Rio Olympics, said she didn't know how to pick and choose tournaments and so competed in all of them.
A total of 49 companies raised Rs 81,615 crore in Samvat 2077, more than the preceding four years and almost double the amount raised in the previous year. Samvat 2078 appears even more promising with mega issues of Paytm and Life Insurance Corporation (LIC) of India. However, Paytm's record could be short-lived as state-owned LIC is planning to launch a Rs 1-trillion IPO by March 2022.
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Net profit grew 25.4% in Q4 but revenue growth, lower at 8.5%, suggests lack of volume expansion.
"Under the CO-JEET" plan, personnel of the three wings of the armed forces -- the Army, the Indian Air Force and the Navy -- have been pressed into service to help restore oxygen supply chains, set up COVID beds and provide help to the civilian administration in its fight to control the pandemic," said the Lt General, whose post of deputy chief integrated defence staff (medical) comes under the Chief of Defence Staff.
'We never go overboard on any stock, no matter how good it may seem.'
Chinese mobile brands are deeply entrenched in the Indian market. A move to bar them may send a bold diplomatic message. But its cost for the local industry is anybody's guess. In the event that Chinese brands face curbs, two handset makers - Samsung and Apple - squarely stand to gain.
From the 30-share Sensex pack, 26 scrips closed with gains led by Tata Motors that zoomed 16.63 per cent after the company reported narrowing of losses in the September quarter.
'Just like humans binge on food when they are depressed, they also tend to shop for instant gratification. which is just temporary. Please do not fall into this trap,' cautions Sheetal Jhaveri.
'Sectors that had been left out till now will also start participating in the rally.'
The thinking at the Centre is that since the RBI has ramped up purchases of government bonds, the interest earned on them will be transferred to the exchequer as dividend.
Amid the ongoing festival season in the country, the hiring of gig workers has zoomed across sectors as the businesses have begun opening up leading to an uptick in consumer sentiments and rising pent-up demand, according to experts. "In the third quarter, with the onset of festive season, we are witnessing a 400 per cent spike in the hiring for gig workers. Earlier, in the first quarter of this year, as many businesses and companies were not operating at full strength, growth was muted. "However, things began picking up and became more promising from the second quarter, as the demand for gig workers across sectors grew," Taskmo, a subsidiary of Quess Corp, co-founder Prashant Janadri told PTI.
'Equities are likely to be range-bound with a downward bias for the remaining part of the year.'
'The BJP's problem is what rabbit can it pull out of the conjurer's hat?'
The sale will be quicker if an Indian private bank buys it; it will take longer for regulatory clearances if a foreign bank or an NBFC buys it, points out Tamal Bandyopadhyay.
'All these people want is a secure home where they can live and earn in peace.'
'Cyrus was always very different. He would think before acting.'
Profits grow, but not because of recovering demand.
What will it take to get India's poor broadband penetration to be seen as a problem and not as a condition, thus enabling real, serious e-commerce to take off in India?
Pakistan head coach Misbah-ul-Haq and bowling coach Waqar Younis have stepped down from their respective roles, the country's cricket board (PCB) said on Monday.
The lockdown has taught companies a lesson or two on running business with fewer human resources. These lessons are unlikely to be forgotten, observes Mahesh Vyas.
The mind block against online education is crumbling and the demand may be led not just by parents but also teachers.
Mental health and life coach Anu Krishna tells you how to take control of your life.
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