After a stellar run on the bourses that saw tractor stocks rise up to 52 per cent, analysts are turning cautious on the sector as muted demand trends may weigh in the near-term. Total volumes in the tractor segment for the last three quarters of the current financial year (9MFY24) have remained weak with VST Tillers, Escorts Kubota, and M&M seeing declines of 21 per cent, 5 per cent, and 3 per cent year-on-year (Y-o-Y), respectively, during the period, amid patchy rainfall, delayed crop harvest, and lower reservoir level. Across industry, total domestic sales volume so far in the current financial year (April '23 to January '24) has declined 5 per cent Y-o-Y, as per Tractor Manufacturers Association (TMA).
Deloitte India on Friday said it estimates India's GDP growth at 6.6 per cent in the current fiscal helped by consumption expenditure, exports rebound and capital flows. In its India's economic outlook report, Deloitte said the rapid growth of the middle-income class has led to rising purchasing power and even created demand for premium luxury products and services. With the expectation that the number of middle-to-high-income segments will be one in two households by 2030/31, up from one in four currently, we believe this trend will likely become further amplified, driving overall private consumer expenditure growth, it said.
'We can save 70 patients out of 100, if they reach a hospital well within time.' 'The most crucial aspect is time.'
The weather office forecasts monsoon rains to be above average this year after the droughts ravaged crops and worsened rural distress
Apart from the human body, human food will bear direct repercussions. From staples such as wheat, to coffee, dairy, and even the great Hilsa face the threat of reduced supply due to the extreme heat.
Analysts remain bullish on the road ahead for the equity markets, but warn against volatility on account of domestic and global cues. The upcoming Lok Sabha elections back home and the interest rate trajectory of the US Federal Reserve, they said, will be the two most important factors that the markets will keep a tab on. That apart, the valuation of the Indian markets, they feel, will also be eyed in context of how global peers are performing.
They have been deployed to foil suspicious activities at the border in Punjab.
According to the proposed legislation, 'the central government may, by notification, empower any officer to intercept, open or detain any item in the interest of the security of the state, friendly relations with foreign states, public order, emergency or public safety, or upon the occurrence of any contravention of any of the provisions of any law for the time being in force'.
Despite high exposure to floods, Assam, Bihar, Uttar Pradesh, Odisha, and Sikkim are the best performing states in terms of flood early warning systems (EWS), according to the report by independent policy research think tank The Council on Energy Environment and Water.
Monsoon revival over weekend likely, but second-half rainfall may be muted. If the rains become scarce after mid-August, the standing kharif crops might be impacted
After churning across the Arabian Sea for more than 10 days, Biparjoy made landfall near Jakhau Port in Gujarat on Thursday.
Six decades and more later, we are now captives of our identities. Every poll is based on elaborate calculations of electability of candidates on the basis of their castes and other narrow definers. That, along with voter promiscuity, is what defines our political culture, which remains stubbornly resistant to any change, asserts Shreekant Sambrani.
'If rate cuts happen, bond yields will come down and investors will make mark-to-market capital gains on them.'
By now, monsoon should have reached the central India, including parts of Madhya Pradesh, Rajasthan, eastern Uttar Pradesh and Gujarat, but it is yet to reach Maharashtra.
Steady progress in June; north and central regions to get good pre-showers
The three new laws -- the Bharatiya Nyaya Sanhita, the Bharatiya Nagarik Suraksha Sanhita and the Bharatiya Sakshya Act -- will replace the colonial era Indian Penal Code, the Code of Criminal Procedure and the Indian Evidence Act of 1872.
An official said that a South African delegation will visit India in February for an assessment of the preparations at the Gandhi Sagar Wildlife Sanctuary.
The monsoon this year in India was likely to be 'below normal' at 95% of LPA: Skymet
The IMD chief also allayed fears of occurrence of an El-Nino.
June 1 is the official onset date of monsoon in India when it hits Kerala.
In another forecast for August, IMD Director General Mrutunjay Mohapatra said monsoon is also likely to be normal in the month.
A parliamentary committee scrutinising three bills to replace existing criminal laws did not adopt its draft report as scheduled on Friday, taking into account the submission of some opposition members that they needed more time to study it.
Jwala (Namibian name Siyaya) had also given birth to four cubs last March. However, only one of them survived.
Going behind the scenes with director Mira Nair.
'Urbanisation results in heavy rainfall events.'
The agency filed the charge sheet against six people and a report against one child in conflict with the law before a special CBI court in Guwahati, nearly three months Manipur Police made arrests in the case.
Ahead of the Winter Session of Parliament, the government has convened a meeting of floor leaders of political parties in the Lok Sabha and Rajya Sabha on Saturday.
The colour of joy -- bright, bouncy and jolly yellow.
Write in to us with instructions on how to prepare your favourite rainy-day foods and we'll publish your recipes right here on rediff.com.
Some of the easily digestible spices during monsoon are garlic, asafetida, pepper, ginger, turmeric, cumin and coriander. They also provide excellent nutrition.
'Due to rural stress, volumes continue to remain an issue for the industry, and we are yet to see any revival in demand.'
We are all 'Chasing the Monsoon', notes Ajit Balakishnan.
Each year, economic damages increase -- and once again, development gains are lost in one season of flood or bad drought.
However, Rajya Sabha being a continuing chamber is not subject to dissolution, and bills introduced and pending in this House remain on the live register, unless withdrawn by the government.
For the Stalin government to win back the confidence of voters ahead of the Lok Sabha polls, post-flooding restoration works, their speed and efficacy would be closely watched, and not just by the political Opposition, notes N Sathiya Moorthy.
Southwest monsoon hit Kerala on Friday marking the start of the rainy season, four days after its normal onset date.
Since the onset of the monsoon on June 24, 217 persons have died in rain-related incidents in Himachal Pradesh.
Skymet is the first major Indian weather forecasting agency to have issued a monsoon forecast for 2016.
Congress general secretary Jairam Ramesh said the opposition parties are only reflecting the sentiments of the people of Manipur and of the country.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances