'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.
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.
There are two ways: Deliver a rapidly growing economic pie or reform GST and close corporate tax loopholes, suggests T N Ninan.
'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.
'According to CMIE data, employment in manufacturing saw a reduction from 51 million in the country in 2016 to 27 million in 2021. 'That is, it has halved in just 5 years. 'At the same time, the national lockdown resulted in reverse migration to rural areas, and an increase in the number of workers in agriculture. 'It also means joblessness has increased in agriculture because there are too many workers; the number of workers went up from 200 million to 232 million.'
The main purpose of the meeting is to assess their views on reforms that are required to attract long-term capital into the country.
Major Somnath Sharma was awarded the Param Vir Chakra posthumously for his bravery in the Kashmir operations on November 3, 1947.
10 per cent for those who earn up to Rs 30 lakh a year and 25 per cent for those who earn more, suggests T C A Srinivasa-Raghavan.
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.
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.
'If India can only grow at 5%, why bother spending time on the country?' asks Akash Prakash.
Villages engulfed by darkness have a ray of hope with ONergy offering poor villagers have with a complete range of solar products.
'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.
'The growth drivers are mostly invisible, but the growth is undeniable at least for now,' notes Debashis Basu.
Inflation pegs down currency value, re-allocates resources, reduces potential economic growth and leads to the attrition of gross domestic savings.
In a first, the Comptroller and Auditor General's (CAG) officers reached out to several ministries in the last week of April as part of a confidence-boosting measure. The meeting brought the CAG officials and those from the ministries across the table to discuss the pain points in their relations. CAG of India Girish Chandra Murmu took this novel step because of growing tensions between those audited and the auditor.
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.
Aseem Chhabra highlights 10 films that moved him, films that may show up in theatres near you.
New Delhi's regional partners in restraining a belligerent China -- primarily the US, Japan, Australia and Singapore -- would like the Indian Navy to lock down the Indian Ocean Region, while the other partners can focus on deterring the PLA (navy) in the South China Sea, explains Ajai Shukla.
At the customary post-Budget media interactions, Finance Minister Nirmala Sitharaman and her topmost bureaucrats touched upon a number of issues. The minister said the government taxing income from digital virtual assets did not give them legitimacy and that issue was being dealt separately in the planned cryptocurrency Bill. She also expressed confidence that the Budget targets were achievable.
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.
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.
If financials and oil sectors were removed, India Inc has done quite well.
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.
Had Finance Minister Sitharaman thought a little more about the middle class, disadvantaged sections, and the poor who are struggling, it would have been an inclusive Budget that would have made history, notes Ramesh Menon.
Analysts expect Colgate's overall volume growth to remain in single digits (around 5-6 per cent) for the next two years.
Months after making history by winning America's Got Talent, Mumbai's V Unbeatable dancing crew is crumbling under the lockdown.
Probably 35 bps. There could be even an encore in February 2023 to take the policy rate to 6.5% before the financial year ends, predicts Tamal Bandyopadhyay.
The US is the biggest market for the outsourcing industry.
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Net profit grew 25.4% in Q4 but revenue growth, lower at 8.5%, suggests lack of volume expansion.
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.
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.
'Acting is probably the most wonderful profession anyone can have because you make every film set with 200 people, so you make 200 new friends every four months, and you learn so many things from these new lives.'
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.
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.
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?
PSU divestment, LIC IPO, fiscal deficit: Budget 2021 marks a clear change in the Modi government's stance from fiscal conservatism to growth orientation.
Profits grow, but not because of recovering demand.
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.
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.
