If you thought the Tata Nexon EV was it, wait till you drive the new Tata Nexon EV Max with more battery power, says Rajesh Karkera. Photographs and video: Hitesh Harisinghani/Rediff.com.
The fact is that it will take two to three years to fix the economy, and it would be advisable to say as much and manage expectations.
The Congress on Saturday attacked the Centre over a New York Times report which claimed that the Indian government bought the Pegasus spy tool in 2017 as part of a deal with Israel, alleging that the government indulged in illegal snooping using the spyware which amounts to 'treason.'
Stating that COVID-19 has not yet been contained in India, the rating agency in a statement said the government stimulus package is low relative to countries with similar economic impacts from the pandemic. "The COVID-19 outbreak in India and two months of lockdown -- longer in some areas -- have led to a sudden stop in the economy. That means growth will contract sharply this fiscal year (April 2020 to March 2021)," it said. "Economic activity will face ongoing disruption over the next year as the country transitions to a post-COVID-19 world."
'There is a weak link between the economy and the stock market.'
Indian consumers are likely to get respite from rising prices just before the festival season. Some consumer companies, including automakers, have indicated that they are planning to pause price hikes just before demand picks up in August, while keeping a close eye on volatile raw material prices.
Leading two-wheeler maker Hero MotoCorp is going full throttle to launch a Harley-Davidson model with retro styling as it looks to enter a very profitable segment in the premium motorcycle space, according to a senior company official. The alliance between Hero and Harley-Davidson fructified last year after the iconic US two-wheeler maker announced discontinuation of sales and manufacturing operations in India, a decade after it started selling its premium bikes in the country. "There are two legs to the Harley tie up strategy. One of course is that we are the sales distributors for Harley bikes in India.
More than 300 verified mobile phone numbers, including of two serving ministers, over 40 journalists, three opposition leaders and one sitting judge besides scores of business persons and activists in India could have been targeted for hacking through an Israeli spyware sold only to government agencies, an international media consortium reported on Sunday.
Aseem Chhabra picks the finest Indian films in the 2010-2019 decade.
The Opposition alleged that without any provocation from the Opposition, "outsiders who were not part of Parliament security were brought in to manhandle the Opposition leaders and members, including women Parliamentarians who were only protesting against the Government's conduct, highhandedness and muzzling of the voice".
For the current woes of the state to end, in city after city, town after town, village after village, unauthorised constructions have to be removed, no questions asked, says N Sathiya Moorthy.
Former Congress chief Rahul Gandhi, Bharatiya Janata Party ministers Ashwini Vaishnaw and Prahlad Singh Patel, as also former election commissioner Ashok Lavasa and poll strategist Prashant Kishor were among those whose phone numbers were listed as potential targets for hacking through an Israeli spyware sold only to the government agencies, an international media consortium reported on Monday.
The agenda for the meeting is 'Evidence of the representatives of the Ministry of Electronics and Information Technology, Ministry of Home Affairs and Ministry of Communication (Department of Telecommunications) on the subject of 'Citizens' data security and privacy'.
Declining interest rates, a near-normal monsoon leading to higher rural incomes and pay hikes for central government employees are key triggers, says Dev Chatterjee.
India's Gross Domestic Product (GDP) is expected to expand by 9.2 per cent in the current financial year, according to the Economic Survey 2021-22 tabled in the parliament on Monday. "Advance estimates suggest that the Indian economy is expected to witness real GDP expansion of 9.2 per cent in 2021-22 after contracting in 2020-21. "This implies that overall economic activity has recovered past the pre-pandemic levels," Economic Survey noted. Almost all indicators show that the economic impact of the "second wave" in Q1 was much smaller than that experienced during the full lockdown phase in 2020-21 even though the health impact was more severe, it said.
Riding high on the hopes of a normal monsoon, the agriculture ministry aims to increase foodgrain production by 6.35 million tonnes to a record 298.3 million tonnes in the 2020-21 crop year. The foodgrain output in the 2019-20 crop year (July-June) is estimated at an all-time high 291.95 million tonnes, as per the second advance estimates released by the ministry in February.
The economy grew by 4.4 per cent in the first (April-June) quarter of current fiscal. In 2012-13, the gross domestic product growth fell to a decade low of 5 per cent.
The human resource development ministry is slated to introduce a bill in the monsoon session of the Parliament to provide for an internationally acceptable certification for Indian engineers.
Whether we flew aircraft or mastered plastic surgery is immaterial for modern India, what matters is if ancient Indians understood the science and art of settlement planning, architecture and governance of natural resources. This is the history we need to learn, says Sunita Narain
Nishita Suratkal explains how amla, methi and bhringaraj can help arrest hairfall and improve overall hair health.
On Day 2 of Parliament's monsoon session 2020, Defence Minister Rajnath Singh is likely to make a statement on the continuing standoff between Indian and Chinese troops along the Line of Actual Control in eastern Ladakh.
A good monsoon could rein in food inflation. Largely good corporate results mean better days are ahead. Nifty may reach record levels, points out Devangshu Datta.
Parliament proceedings were adjourned for the day following disruptions by Opposition parties which raised slogans on the Pegasus snooping row and the farmers' issue by gathering in the Well of the House.
The standoff between the government and the opposition in Parliament has showed no signs of easing after it erupted on the opening day of the Monsoon session on July 19.
'The recent US jobs report has eased fears of a hike in the Fed meeting.'
'The selling in India may emerge as soon as the RBI reverses its interest rate stance.'
The Reserve Bank of India (RBI) on Wednesday announced to increase the policy repo rate by 50 basis points to 4.9 per cent, the second hike in five weeks aimed at quelling the inflation. The MPC vote was unanimous and has decided to keep stance withdrawal from accommodative, RBI Governor Shaktikanta Das said in a press conference on Wednesday. The decision was taken during a three-day meeting of the RBI's Monetary Policy Committee (MPC) to review the interest rates in the country. The MPC voted unanimously to increase the policy repo rate by 50 bps to 4.90 per cent," Das said.
Joginder Tuteja looks back at Bollywood's wedding movies to see how well they have done in the past.
The current slowdown has lasted for over 18 months and is the longest incident of sluggishness since 2006.
India remains one of the most over-owned market in Asia.
The former Union minister said the population debate is 'utterly misplaced' and half a century out-of-date as a large majority of Indian states have achieved replacement levels of fertility.
The untimely Mumbai monsoon threatens to play spoilsport as there is a fair chance of first day's play being affected by rain during the second Test between India and New Zealand, starting on Friday.
Mother and son refuse to go away despite indications blowing in the wind that their leadership is ringing the death knell of the party, observes Ramesh Menon.
With Indian jewellery market already on the robust recovery path, the jewellers are expecting strong Diwali sales in the Dhanteras as the festive mood remains high with low Covid third wave possibility and softer gold price this season. The industry expects the trends in 2021 will be able to reach pre-covid level sales of 2019 on the back of gold price hovering at Rs 46,000-47,000 per 22 carat 10 grams gold nearly 5 per cent lower than 2020, and jump in number of weddings, a senior official of an industry body said. "Since Navratri market is showing demand. It will continue on Dhanteras also.
The COVID-19 test of the MPs need to be done 72 hours before the start of the session and it can be done either in their constituencies or at the Parliament complex.
India's gold demand declined 18 per cent to 135.5 tonnes in the first three months of this year, mainly due to a sharp rise in prices, according to the World Gold Council (WGC). The demand stood at 165.8 tonnes in the first three months of 2021. In terms of value, gold demand dropped 12 per cent to Rs 61,550 crore in the January-March period. It stood at Rs 69,720 crore in the year-ago period, the 'Gold Demand Trends Q1 2022' report released by the WGC said.
The Question hour in the Lok Sabha was also washed out for the second consecutive day as an aggressive opposition stalled the proceedings over the same controversy.
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