An interesting version of the classic puran poli.
IMD Director General Mrutunjay Mohapatra said the department's modelling indicate formation of a cyclonic storm around May 9, but its movement and intensification may be determined after the low pressure area actually forms on May 7.
The monsoon session of Parliament which saw many disruptions since it began on July 20 over the Manipur violence issue, is set to become more turbulent with the government likely to introduce a bill in the Lok Sabha to replace the Delhi services ordinance.
The 55 basis point (bps) spike in the US 10-year bond yield, triggered by a combination of FOMC's hawkish commentary and BOJ's relaxation of the yield control curve (YCC) has made analysts cautious on Asian equities and expect them to trade sideways in the short-to-medium term.
'If we have to restrict and fight terrorism, first and foremost, we have to ensure communal harmony in the country.'
Chitrita Banerji's new book, Bengali Cooking, takes readers into the kitchens of West Bengal and Bangladesh through the changing seasons. And if it starts to rain, nothing matters more to the Bengali palate than the hilsa fish and the many ways it can be consumed.
Prices of two-wheelers, passenger and commercial vehicles are set to rise 15-25%
Cement manufacturers' show during the June 2023-ended quarter (Q1FY24) has indicated an intensified slugfest for market share. For instance, Dalmia Bharat (Cement) said it has lost market share in eastern India owing to lack of price discipline. Industry analysts also said that the seasonal weakness in cement prices for Q1 is showing up earlier than usual.
The Congress' chief whip Jairam Ramesh, said, 'Today, too, the INDIA parties demanded the prime minister's presence in the Rajya Sabha to make a statement on Manipur, to be followed by a discussion.'
Monsoon in August was almost 24 per cent below normal, which was the sixth driest August since 1901. It came on the back of a 7-per cent monsoon shortfall in July.
Union Home Minister Amit Shah introduced the bill in the Upper House of Parliament. He said the proposed legislation is aimed at providing effective and corruption-free governance in the national capital.
The country's unemployment rate in July fell to 6.80 per cent, the lowest level in the last six months, amid rising agriculture activities during monsoon, according to Centre for Monitoring Indian Economy (CMIE) data. The unemployment rate dropped to 6.80 per cent in July from 7.80 per cent in June, the CMIE data said. Rural unemployment declined 6.14 per cent to 272.1 million last month from 265.2 million or 8.03 per cent in June, it said.
From issuing whips to arranging ambulances for their ailing leaders, opposition parties from the newly-formed Indian National Developmental Inclusive Alliance (INDIA) bloc are making all-out efforts to ensure that they get 100 per cent attendance of their MPs in the Rajya Sabha to give the Bharatiya Janata Party a tough fight on the Delhi services bill next week.
The flooding in Kerala, Karnataka and Maharashtra has left people without homes and brought about destruction worth crores.
Dr Shreekant Sambrani pays tribute to M S Swaminathan, renowned agricultural scientist and a lifelong crusader against hunger who passed away in Chennai recently.
Above normal monsoon forecast and strength in Asian equities lifted sentiments.
The Government of National Capital Territory of Delhi (Amendment) Bill, 2023, which will replace an ordinance promulgated for handling the transfers and postings of senior officers in the city government, was passed in the Lok Sabha on Thursday amid a walkout by opposition parties.
The experts said that the thicker coats, high parasite load and moisture create a perfect recipe for dermatitis with fly strike on top of it compounding the infection and compromising the skin's integrity.
India's unemployment rate surged to a one-year high of 8.3 per cent in August as employment sequentially fell by 2 million to 394.6 million, according to data from the Centre for Monitoring Indian Economy (CMIE). During July, the unemployment rate was at 6.8 per cent and the employment was 397 million, the CMIE data added. "The urban unemployment rate is usually higher at about 8 per cent than the rural unemployment rate, which is usually around 7 per cent.
Automotive (auto) and auto ancillary stocks have been in the fast lane thus far in 2023-24 (FY24), with the National Stock Exchange Nifty Auto Index surging nearly 27 per cent, outperforming the Nifty50, which has gained roughly 11 per cent during this period. The top-gear performance of auto stocks at the bourses, according to A K Prabhakar, head of research at IDBI Capital, has been triggered by the premiumisation of products across vehicle manufacturers, which has seen vehicle sales remaining relatively stable. "It is not about higher sales figures now, but about premiumisation.
Notwithstanding the fact that the country's pharmaceutical (pharma) pricing regulator has allowed a 12 per cent price increase for medicines listed under the National List of Essential Medicines (NLEM) in 2023, analysts and industry insiders predict that the overall domestic pharma industry will only witness a price hike of 5-6 per cent. This is attributed to higher competitive intensity in the market. Krishnakumar V, executive director and chief operating officer (CEO) of Eris Lifesciences, a domestic-focused pharma company, noted that the NLEM segment experienced growth suppression of around 150 basis points due to price reductions during the January to July period this year.
Several BJP leaders in the past have raised a demand for changing the name of the country from "India" to "Bharat".
'Investors should look to incrementally allocate towards equity from a medium-to-long term horizon.'
The government has identified nine key focus areas in the AI national programme, including agriculture, education, Indian languages, smart cities, cybersecurity, transportation, and finance.
'We are in a sweet spot.' 'Equity, on a standalone basis, will continue to remain the asset class to stay invested in.'
The sharp rally in the broader markets has propelled India's market capitalisation (m-cap) to a new high. The combined m-cap of all BSE-listed firms rose to Rs 291.9 trillion in intraday trade on Thursday before settling lower at Rs 290.9 trillion. The previous record was on December 14, 2022, at Rs 291.3 trillion.
'It's unfortunate that the prime minister prioritises his own image over the humanitarian situation that is unfolding in Manipur, prioritising his ego over the atrocities that women and tribals have had to suffer in Manipur.'
The sharp rally in the markets thus far in fiscal 2023-24 (FY24) has left analysts struggling to find investment-worthy themes. The S&P BSE Sensex has surged nearly 7 per cent thus far in FY24 and hit a fresh 52-week high of 63,601.71 levels on June 22, mostly led by foreign institutional (FII) flows. "The Indian market has seen a broad rally in the past few months but headline indices have seen more modest performance. "We are not very clear about the reasons for the rally and the divergent performance and struggle to find ideas in the consumption, investment and outsourcing sectors after the sharp run-up in several of our favored sectors and stocks in the past two months," wrote Sanjeev Prasad, co-head, Kotak Institutional Equities, in a recent co-authored note with Anindya Bhowmik and Sunita Baldawa.
The opposition strategy to corner the government on Manipur will continue in the Rajya Sabha as well, the sources said.
Sedition, which provides a maximum jail term of life under Section 124A of the IPC for creating "disaffection towards the government", was brought into the penal code in 1890, 57 years before Independence and almost 30 years after the IPC came into being.
As much as 46 per cent of the respondents in India are looking to travel in October-December, even as only six per cent of them have made bookings, indicating that most of them may look either for last-minute deals or opt for a road journey, as per a survey. The survey, conducted by the online platform LocalCircles, also revealed that the festive season (October-December) is likely to see a 60 per cent jump in citizens travelling as compared to the monsoon season (August-September). About 34 per cent of respondents said they are planning to visit family and friends in October-December.
By comparing I.N.D.IA. with banned terror outfits, Modi has exhibited the kind of nervousness never ever associated with him even at the height of the Gujarat riots, and certainly since his prime ministerial days, observes N Sathiya Moorthy.
Rebalance your portfolio in case it has become overweight on equities vis-a-vis your strategic asset allocation.
Lashing out at both the opposition and ruling fronts led by the Congress and the Bharatiya Janata Party, the All India Majlis-e-Ittehadul Muslimeen MP Asaduddin Owaisi on Thursday said that neither dukandar nor chowkidar opens their mouths when Muslims are oppressed.
Members from parties like the Congress, the Trinamool Congress, the Left parties and the Rashtriya Janata Dal created uproar in both the Lok Sabha and the Rajya Sabha as soon as the Houses met for the day.
The alliance -- Indian National Developmental Inclusive Alliance (INDIA) -- has resolved to save the character of the republic 'being severely assaulted in a systematic manner by the Bharatiya Janata Party' and safeguard the idea of India as enshrined in the Constitution.
Incessant rains unleashed more death and destruction on Monday in parts of north India, with 37 people killed in landslides and other rain-related incidents in the last two days even as the Army and NDRF teams stepped in to intensify the relief and rescue operations.
'Temperature and wind can be predicted more easily than rainfall.' 'Rainfall, as common experience suggests, is very spotty.' 'The last bit of physics required that tells us whether it is going to rain or not is very hard.' Professor Roddam Narasimha, the eminent scientist, explains the monsoon, climate change and global warming, in a fascinating conversation with Shivanand Kanavi.
Gold demand in rural India is expected to be lower this year with weak monsoon affecting household savings, according to the World Gold Council (WGC).
Benchmark equity indices Sensex and Nifty closed higher on Friday after two days of fall, helped by buying in metal, telecom and auto stocks amid a firm trend in global markets. Automakers led by Maruti Suzuki India, Hyundai, Mahindra & Mahindra reporting robust wholesales of passenger vehicles and GST collections crossing Rs 1.50 lakh crore for the third straight month in May also added to the optimism. The 30-share BSE Sensex climbed 118.57 points or 0.19 per cent to settle at 62,547.11.
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