The television rights in the UK for England's tour of India remain undecided with just a week left for the opening Test match in Chennai from February 5.
Crisil Ratings on Wednesday said a broad-based recovery is on for India Inc currently, and upgraded its credit quality outlook to 'positive' from the earlier 'cautiously optimistic'. The rating agency said the credit ratio, which illustrates the number of upgrades to downgrades, rose to over 2.5 times in the first four months of the fiscal, as compared to 1.33 times in the second half of FY21, it said in a statement. The rating agency said it has also done a study of 43 sectors, excluding the financial sector, accounting for 75 per cent of the overall Rs 36 lakh crore in outstanding debt, which shows that the current recovery is broad-based.
Governments seem to be a lot more wary of imposing a draconian lockdown this time. Some lessons seem to have been learned. So, it may be fair to assume that these lockdowns will do less harm. But they will hurt the recovery process, which is still incomplete, warns Mahesh Vyas.
'... But India lacks solid backup to Bumrah, Shami, and Yadav. Bumrah is a fine paceman. He has very good durability. I think India needs to use him in such a way that he is as fresh as possible for each Test match.'
Recent studies in China and Europe observed that the infection might relapse in those people who have already recovered from earlier phases.
Moody's Investors Service on Friday slashed its estimate of India's GDP growth during the 2020 calendar year to 2.5 per cent from an earlier estimate of 5.3 per cent, on account of the rising economic cost of the coronavirus pandemic.
Action against the foreign Tablighi Jamaat members was first taken after over 2,300 people, including 250 foreigners, belonging to the Islamic organisation were found to be living at its headquarters located at Delhi's Nizamuddin soon after the nation-wide lockdown was announced in March. Several of these members had tested positive for coronavirus.
'Kalnirnay is like a bible for any family.'
Amid a decline in Covid cases in the country, India may soon reopen its doors for foreign tourists for the first time in one-and-a-half years, officials said.
The demand, which had fallen by as much as 70 per cent, has since recovered after lockdown restrictions were eased beginning early May.
As many as 77 rape cases were reported across India on an average every day in 2020, totalling to 28,046 such incidents during the year, according to the latest National Crime Records Bureau data.
S&P Global Ratings on Wednesday slashed India's GDP growth forecast for the current financial year to 9.8 per cent saying the second Covid wave may derail the budding recovery in the economy and credit conditions.
Vivek shot Nautanki in Bhopal in the midst of the postponed schedules of The Kashmir Files.
'After exiting jail, I thought some of my IIM-A classmates would contact me. None did.' 'The case indeed scared people, which perhaps was the objective of the State.'
The Supreme Court on Monday permitted the Maharashtra government to withdraw an appeal filed by the state during the previous Uddhav Thackeray dispensation against a Bombay high court's 2020 order suspending the probe in two FIRs filed against Republic TV editor-in-chief Arnab Goswami for allegedly making inflammatory comments.
The MHA's decision came about a fortnight after the Taliban's takeover of Afghanistan and many Afghans arriving in India fearing retribution from that country's new rulers.
"Lockdown and containment (measures) have been successful in keeping it low and preventing rapid spread," ICMR Director General Balram Bhargava said, citing the sero-survey on COVID-19 spread.
Every time the Indian economy has faced headwinds due to international developments, the oil sector has played a crucial role, explains A K Bhattacharya.
Maruti Suzuki's contribution to the sales revenue of its Japanese parent, Suzuki Motor Corporation (SMC), has touched the highest-ever figure during April-December of FY23. According to SMC's results declared on Tuesday, Maruti's share in its global revenues jumped from 33.42 per cent in April-December of FY22 to 40.93 per cent in the corresponding period of FY23.
Modi said the coronavirus pandemic made people learn new things.
The active cases declined to 8,26,740 comprising 2.78 per cent of the total infections, while the national COVID-19 recovery rate has improved to 95.93 per cent.
'With just 2.4 per cent of global landmass, India houses six to eight per cent of planetary biodiversity and hence is a prime target of wildlife criminals.'
Of the 20 deaths reported in the last 24 hours, eight were from Maharashtra, three each from Gujarat and Madhya Pradesh, two from Jammu and Kashmir and one each from Punjab, Uttar Pradesh, Karnataka and Tamil Nadu.
No symptoms in those not tested
The recent report in the New York Times that China had brought India's financial capital - Mumbai - to a halt by hacking the electricity supply grid has not come as a surprise to the CTOs (chief technology officers) and cyber security experts. Indian companies, including critical infrastructure providers such as power grids, ports and radar systems, lack the IT infrastructure to prevent hacking from hostile state actors like China and North Korea, warn security experts. Recently, the United States government warned of yet another breach of critical systems tied to Microsoft Exchange email systems that the company has blamed on China. The breach has impacted thousands of organisations in the US and its impact on India is still unknown.
Modi's BJP has promised more revdis or freebies for these assembly elections than ever before, points out N Sathiya Moorthy.
Modi will inaugurate the new Parliament building on May 28 following an invitation by Lok Sabha Speaker Om Birla.
An overwhelming proportion of the unemployed declare their nature of occupation as students. In the quarter ended December 2021, 77% of the unemployed who were actively looking for jobs were students. This syncs well with another data, that 77% of the unemployed are between 15 and 24 years of age, reveals Mahesh Vyas.
Australia head coach Justin Langer hinted that they will go with tried and tested players when India arrive for a four-Test series at the end of the year unless an exceptional performer emerges from the Sheffield Shield.
'You may opt for a longer minimum guaranteed tenure of 12-18 months. This will ensure that in a rising rental scenario, the landlord doesn't serve you a notice and ask you to vacate the property.'
While Maharashtra and Gujarat continue to top the nationwide tally, Tamil Nadu has now crossed the 5,000 mark. The death toll of the southern state has reached 37, with two more women succumbing to COVID-19 during the day.
The assertion by the Congress came after Union Health Minister Mansukh Mandaviya, citing concerns raised by three BJP MPs over the spread of coronavirus, urged Congress leader Rahul Gandhi to consider suspending the Bharat Jodo Yatra if adherence to Covid protocols cannot be followed.
The Union health ministry officials also said India was at the second stage as there is still no 'hard evidence' to say that there has been community transmission of the fast-spreading coronavirus, remarks which may provide anxious citizens with much needed assurance and hope.
Major automobile manufacturers like Maruti Suzuki, Hyundai, Mahindra & Mahindra, Tata Motors and Toyota Kirloskar on Tuesday reported decline in domestic passenger vehicle sales in May compared to the previous month as a spike in COVID-19 cases and lockdowns across various states hit production and dispatches. The country's largest carmaker Maruti Suzuki India (MSI), which shut production from May 1 to May 16 so as to divert oxygen from industrial use for medical purposes, reported domestic dispatches to dealers at 35,293 units last month, down 75 per cent from 142,454 units in April. The company said sales of its mini cars, comprising Alto and S-Presso, declined by 81 per cent to 4,760 units in May as against 25,041 units in April this year.
The return of the unemployment rate to pre-lockdown times is not worth celebrating because it is more a reflection of a shrinking labour force than a decline in the count of the unemployed, observes Mahesh Vyas.
India's Rs 4.5-trillion fast-moving consumer goods (FMCG) sector was one of the first to bounce back from the lockdown induced blues, reporting a year-on-year (YoY) growth in the October-December quarter last year. That said, the overall consumption figures continue to remain depressed. The FMCG market, which includes daily consumables like branded atta, hand sanitizers, edible oils, shampoos, razors, and so on, recorded 7.3 per cent value growth during the period, while the smartphone market grew by 21 per cent.
India's recruitment activity has been recovering steadily as the hiring rate in June 2021 was around 42 per cent above the pre-pandemic levels in 2019, says a report. According to LinkedIn India - Labour Market Update for June 2021, there was a deepening hiring dip in April 2021, corresponding to a second wave of COVID-19 cases in India. Since then, it has been recovering steadily, compared to the pre-COVID levels in 2019. Hiring rate was 35 per cent higher at the end of May 2021, and 42 per cent higher at the end of June 2021.
Given wild swings, investors are wondering where the metal market is going. There was a strong uptrend in industrial metal through much of the last three years due to fears of supply chain issues - first due to Covid-19 and then due to the Ukraine War. That uptrend broke down as it became apparent that global growth would moderate as inflation rose and Western Europe (the EU plus the UK) went into a near-recession and China was in a rolling lockdown.
Ahead of a meeting of oil producers' cartel OPEC, India on Tuesday said the current oil prices are "very challenging" and rates need to be a "little bit sober" lest they impact a consumption-led recovery of the global economy. Oil Minister Dharmendra Pradhan, who last week again urged OPEC to phase out its production cuts, said India is a price-sensitive market and it will buy oil wherever it gets competitive rates. The rebound in international oil prices from lows hit last month on the back of demand recovery has led to a spike in petrol and diesel retail prices in India.
