India Inc could be embarking upon a new phase of capital expenditure (capex) cycle, observed analysts, and suggest its revival would lead to a rerating of industrial stocks. Assisted by a property upcycle, analysts at Jefferies said several government initiatives were likely to drive capex. Indicators, they said, include a private project announcement at Rs 25 trillion for 2022-23 (up 150 per cent from pre-pandemic levels) and credit growth at about 16 per cent, which is closer to pre-pandemic highs.
Jiomart B2B is the latest among organised supply-chain companies to bite the bullet, shutting down its warehouses, and asking its employees to leave. Why are companies finding it difficult to sustain the supply-chain business? Experts point out that gross margins in supplying fast-moving consumer goods (FMCGs) are very low.
One of these delectable stuffed rolls makes a hearty meal.
The government denied granting permission to serve liquor at wedding halls, even as the opposition parties slammed the ruling Dravida Munnetra Kazhagam's move to dilute the total prohibition policy.
The National Investigation Agency on Wednesday raided a dozen places in Jammu and Kashmir in connection with two cases, one related to the recovery of an IED and another about the recruitment of youth by the Lashkar-e-Tayiba terror outfit, an official said.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
The Supreme Court is scheduled to hear on May 8 a plea challenging the promotion of 68 Gujarat lower judicial officers, including Surat Chief Judicial Magistrate Harish Hasmukhbhai Varma who had convicted Congress leader Rahul Gandhi in a defamation case, on the ground of allegedly disregarding the 'merit-cum-seniority principle'.
East and northeast India recorded 29 per cent rain deficit -- 141.5 mm against the normal of 199.9 mm -- from March 1 to May 3.
Penalties for non-disclosure or inaccurate disclosure of these details can be severe.
Sanjita Chanu had tested positive for an anabolic steroid during an in-competition testing at the National Games in Gujarat in September-October last year.
Union Home Secretary Ajay Kumar Bhalla was given a one-year extension on Thursday, beyond his present tenure that was to end next week, according to an official order from the personnel ministry.
An IED stuffed with RDX and ammonium nitrate was found inside an unattended bag at the Ghazipur flower market in New Delhi on Friday morning but it was later defused, officials said.
The top court's observation came while dismissing a plea filed by the college against an order of the Andhra Pradesh High Court which set aside the government's decision to enhance the tuition fee of MBBS students.
A dedicated commercial court for Bengaluru Urban District has directed micro-blogging site Twitter to block the handles of the Indian National Congress (INC) and its 'Bharat Jodo Yatra' till the next date of hearing.
Due to the huge pile-up of visa applications, the US consular officers in the neighbouring country are now adjudicating Indian visa applications where interview requirements have been waived.
The Union Public Service Commission will hold the Indian Economic Service/Indian Statistical Service Examination, 2009 commencing from November 21, 2009 for recruitment to Grade IV of the Indian Economic Statistical Service.
A small Ahmedabad-based chartered accountancy firm, whose appointment was questioned by a US short seller in its scathing report against the conglomerate run by billionaire Gautam Adani, has resigned due to "pre-occupation", Adani Total Gas Ltd said. Hindenburg Research in its January 24 report that levelled allegations of fraud, stock manipulation and money laundering against the Adani group, had also raised the issue of the size and capability of the firms auditing the conglomerate. Adani group has repeatedly denied all allegations.
Historically, March has been a volatile month for Indian equity markets. To begin with, it marks the end of a financial year, wherein there is some compulsive portfolio rebalancing trade by large funds - domestic and foreign. Retail investors, too, prefer to 'cash in' on their gains and losses before the financial year runs out.
'Hockey India will not like its hockey athletes to peak 35 days before the Asian Games 2022 and would like the athletes to peak at the right time i.e. during the Asian Games 2022.'
Rajshekhar detailed his complaints in a report to the lieutenant governor's office, joint secretary in the Ministry of Home Affairs and the additional commissioner of police of Delhi's anti-corruption branch.
Street gave a thumbs down to Aditya Birla Fashion and Retail (ABFRL)-TCNS Clothing deal as analysts flagged near-term profitability risks for ABFRL with its latest acquisition. At the bourses, shares of the Aditya Birla group company tumbled 6.2 per cent in the intra-day trade, before settling 3.27 per cent lower at R 207.2. Those of TCNS, meanwhile, plunged 20 per cent to end at Rs 416.64.
Citing complaints against Rajshekhar for 'running an extortion racket and demanding protection money', Delhi vigilance minister Saurabh Bharadwaj on May 13 ordered withdrawing all work assigned to the officer with immediate effect.
Parliament has cleared the Mines and Minerals (Development and Regulation) Amendment Bill, 2023, recently. The objective of the Act is to invite investments from the private sector, including foreign companies, for mining minerals such as lithium and other critical minerals. Other than lithium, some of these minerals were classified as atomic minerals, including beryl and beryllium, niobium, titanium, tantalum and zirconium.
The police said Ajay, a native of Jaunpur in Uttar Pradesh who lived in Ghaziabad, was working as a peon at the Municipal Corporation of Delhi-run school for the last 10 years.
This city is not for developers, and the Slum Rehabilitation Act (SRA) is intended to serve the purpose of public welfare and not the developers, the Bombay high court said, directing two developers to pay transit arrears of Rs 11 crore to a suburban SRA project.
Sanjib Jha, CEO, Coverfox Insurance Broking, answers your health and auto insurance related queries.
'Article 370 laid down the edifice of the relationship between J-K and the Union of India.' 'If you look at the Article, what is there now is a provision which states that all provisions of the Constitution of India applies to J-K.' 'The veto that the state could exercise previously on most Union laws has ended.'
In light of the surge in COVID-19 in some countries, hospitals across India conducted a Mock drill COVID-19.
Their father is a Pakistani and the two -- a 17-year old girl and 14-year old boy -- were born in Dubai and now reside in Bengaluru with their mother Ameena.
'They were planning collection of arms dropped by drones and supply to active terrorists of Jaish-e-Mohammed in Kashmir valley; planting a vehicle-based IED in Jammu before 15th August and reconnaissance of important targets in other parts of the country'
Stock exchanges NSE and BSE have freezed shares of promoters of Baba Ramdev-led Patanjali group firm Patanjali Foods, but the company said the decision will not have any impact on its functioning. Patanjali Foods Ltd, erstwhile Ruchi Soya Industries, on Thursday said the freezing of its promoters' shareholding in the company "will not have any impact" on its financial position and functioning of the company. On Thursday, Patanjali Foods Ltd (PFL) informed that leading bourses BSE and NSE had frozen shares of its 21 promoter entities, including Patanjali Ayurved for failing to meet minimum public shareholding norms.
The executive committee of the Supreme Court Bar Association (SCBA) on Wednesday decided to call off the general body meeting scheduled for March 16 to vote on resolutions seeking explanation from senior advocates Kapil Sibal and Neeraj Kishan Kaul for apologising to CJI DY Chandrachud on behalf of the bar body.
Apple is hoping to assemble in India 25 per cent of all iPhones produced globally to reduce its heavy dependence on China.
The potted history of the browser wars indicates how much the online space has altered in the last 25 years. Chrome's dominance, says Devangshu Datta, is unlikely to last forever.
The BJP is faced with the crucial question of who will lead the party in the four impending state polls this year: In Rajasthan, Madhya Pradesh, Chhattisgarh and Telangana.
A low intensity blast occurred in the parking lot of the Pharaskhana police station situated in the vicinity of the famous Dagdusheth Ganesh temple.
India's climate change goals are turning combustible. On the one hand, a protracted dispute between the government and manufacturers over subsidies threatens to slow the pace of electric vehicle (EV) sales. On the other hand, repeated assertions by different arms of the government over banning sales of new fossil fuel-fired vehicles have queered the pitch for energy investments. Before we address the issue of the recommended diesel vehicle ban in the recent report on energy transition, issued months before the next round of global climate talks begin in Dubai in November, let's look at what's at stake.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
The incident occurred around 7.45 pm on the "black top road" between Peddakodepal and Naimed villages under the Naimed police station area, when the victims were heading towards neighbouring Dantewada district in an SUV to visit a fair, said Deputy Inspector General (anti-naxal operation) Sundarraj P.
A plea has been filed in the Supreme Court seeking investigation under the supervision of a sitting apex court judge against the Adani group of companies in light of the allegations made by the US-based Hindenburg Research.
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