Business leaders, among others, ask govt to let go of fiscal target, seek stimulus, and direct cash transfer.
The government is expected to defer the mega initial public offering (IPO) of LIC to the next financial year as the ongoing Russia-Ukraine war has dampened fund managers' interest in the public issue, market experts said on Sunday. The government was looking to sell 5 per cent stake in Life Insurance Corporation (LIC) this month, which could have fetched over Rs 60,000 crore to the exchequer. The IPO would have helped meet the curtailed divestment target of Rs 78,000 crore this fiscal.
'It's pretty likely that Kissinger, Rice et al came bearing gifts (read Trojan Horses) from McDonnell Douglas, Boeing, Grumman, Northrop, and all the other Military Industrial Complex stalwarts,' argues Rajeev Srinivasan.
We need to take the bull by its horns and confront the Pakistan Army directly. However blasphemous and anti-protocol it may seem we must insist that General Ashfaq Kayani be a part of the dialogue process, says Vivek Gumaste.
'Rani Bharti has been a delight to play. She starts off as someone whom we all know and relate to, but what she goes onto become is someone few of us can aspire to.'
Images from the Under-19 World Cup final between India and Bangladesh, at Potchefstroom, on Sunday
The partnership is aimed at garnering opportunities both in the football and business spheres for both clubs.
Felipe Massa might have a curb named after him at the Buddh International Circuit, but it is Sebastian Vettel who really seems to like the circuit on the outskirts of Delhi.
Indian investors have been acquiring large lots mainly for residential conversions.
LA Lakers confident ahead of NBA season.
Formula One motor racing: Team prospects for 2018
A summary of sports events and persons who made news on Monday.
The Indian businessman, who has a 42.5 percent stake, said there was a possibility of main sponsor BWT getting more involved and changing the team's name.
'Many said his visit was very risky. But mercifully, Air Force One has taken off from Delhi without Mr Trump stepping on anybody's toes,' notes Ambassador T P Sreenivasan.
In an order dismissing the bail plea of a man accused of cow slaughter, Justice Shekhar Kumar Yadav of the Allahabad High Court also said that 'Panchgavya' prepared using cow's milk, curd, ghee, urine and dung helps in treating several incurable diseases.
Who better than India's beloved storyteller to teach you how to spin a yarn?
The Oscars is prestigious and all artists covet it but ultimately, the business of winning is ruthless and political. And India has seldom risen to the challenge, argues Sukanya Verma.
Given the economic trends, it might make sense to allocate some savings to gold.
Slamming the Centre's decision to allow the bull taming sport Jallikattu, PETA India said that lifting protection against cruelty is a "black mark" on the nation.
'If the third wave of Covid infections is as bad as the second one, the market may get very polarised with a preference for blue-chips with low volatility.'
The market price action seems to point in this direction. Let's hope we finally break out. It is about time! asserts Akash Prakash.
Abhishek packs a punch and Nimrat is deliciously wicked but Dasvi falls short of being the razor-sharp satire it deeply aspires to be, feels Sukanya Verma.
Hectic fundraising through initial public offerings (IPOs) is expected in October-November, with at least 30 companies are looking to collectively raise over Rs 45,000 crore through initial share-sales, merchant banking sources said. Of the total fundraising, a large chunk would be garnered by technology-driven companies. The successful IPO of food delivery company Zomato, which was overwhelmingly subscribed by over 38 times, encouraged new-age tech companies to come out with their primary share-sales.
'Given the emerging trends, it may be time for India to embrace digital banking,' notes Pradipta Bagchi.
A Ganesh Nadar/Rediff.com brings you some fascinating facts and photographs from India's first international rail exhibition.
'Amitabh Bachchan Sir said some nice and encouraging things about the trailer, the way I directed it and, of course, about Abhishek's performance.'
As a politician, Yadav is amiable and a consensus-maker, not hamstrung by dogma.
Sebi's surveillance department has red-flagged unusual trading patterns in some stocks. Shares of some companies were seen going up ahead of a sharp sell-off.
India's skipper missed out on what would have been his 99th Test on the morning of the second match of the series against South Africa in Johannesburg, adding to an intriguing drama that is unfolding around him on an almost daily basis now.
Here are the best images from across the world from the previous week.
PowerGrid, Tech Mahindra, Infosys, Nestle India and HCL Tech too ended with losses.
Buying or selling securities based on rumours about expected changes in tax rates or sectoral sops can backfire, advises Sarbajeet K Sen.
There has been a stellar rise for the Indian markets this far in calendar year 2021 (CY21) with the S&P BSE Sensex surging over 19 per cent. The gain in mid-and small-cap indices on the BSE has been sharper with both these indexes surging around 38 per cent and 54 per cent, respectively during this period. Rampant spread of Covid pandemic's Delta variant and the ensuing lockdown and mobility curbs across India, rising prices key commodities, including crude oil and its impact on inflation, possibility of tightening of policy stance by major global central banks, especially the US Federal Reserve (US Fed) have been some of the key headwinds that the markets successfully negotiated during this period.
Here's a recap of the events from the past 48 hours.
Images from Friday's second One-day International between India and Australia, at the Saurashtra Cricket Association Stadium, in Rajkot.
Bowlers dominated the day with 16 wickets falling in the entire day.
Force India's Vitantonio Liuzzi will drop five places on the Brazilian Grand Prix starting grid and could start from the pit lane due to an unscheduled gearbox change, his team said on Sunday.
PETA said that the court had also ruled that cruelty is inherent in these events, as bulls are not anatomically suited for such activities and making them participate is subjecting them to unnecessary pain and suffering, so such events were outlawed.
The government is the biggest consumer and investor in the economy. And once it starts cutting back on expenditure to bring down fiscal deficit, it will affect corporate earnings.
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