A recent report indicates that over 5,000 government schools in India have no students enrolled, with a significant concentration in Telangana and West Bengal. The number of schools with very low enrolment has also increased.
The high-value Rs 2000 notes worth Rs 5,956 crore are still in circulation, more than two years after the Reserve Bank's withdrawal of the currency notes, according to official data released on Monday. The Reserve Bank of India (RBI) had announced the withdrawal of Rs 2000 denomination banknotes from circulation on May 19, 2023.
A video of a teacher coming to work in an inebriated state at a government school in Madhya Pradesh's Shahdol district surfaced on social media, prompting the authorities to order a probe, an official said on Sunday.
The projections in the cement industry are mixed. Prices and demand remained muted in the third quarter (October & November) and short term uptick doesn't seem likely. However, the second quarter of the financial year 2026 (Q2FY26) was good year-on-year (Y-o-Y) for many cement majors aided by base effect, and some analysts expect acceleration in earnings and volume in the next financial year, again aided by base effect.
Saha, who joined Tripura after a rift with some Cricket Association of Bengal officials in 2022, met Ganguly in Kolkata.
A girl carries her brother to safety as she wades through a flooded road on the outskirts of Agartala, June 18, 2022.
With over 10 deals announced in 2024, the cement sector logged the highest number of pacts, including acquisitions and fresh financial investments, in a single calendar year since 2014, with the combined value of investments over $3.5 billion. During the year so far, 11 deals have been announced, according to Bloomberg data.
Demand for the Christmas period is expected to rise further in the coming days.
Ultratech Cement's acquisition of a 23 per cent stake in Tamil Nadu-based India Cements is another instance of growing consolidation in the cement market in India. The deal will raise Ultratech's share, based on India Cements' revenues in FY24, in the domestic market by 230 basis points if the latter is formally acquired by the former in due course. India Cements' share was up 11.5 per cent on Thursday on market expectations of an open offer.
Amazon customers can now use their Rs 2,000 notes to top up their Amazon Pay balances during cash-on-delivery orders, as it offers a doorstep solution to ease the stress of exchanging such currency. Customers can deposit cash of up to Rs 50,000 per month, including notes of Rs 2,000 denomination, Amazon said. The cash load at doorstep service by Amazon Pay is helping consumers convert high-value notes for digital transactions.
'The steel industry expects the government to decide on safeguard measures from dumping post-Budget'
BJP celebrates saffron Holi after the poll results showed a historic win for the party in Tripura and Nagaland.
It was learnt that once Kishan conveyed his decision, Tripura selector Jayanta Dey wanted Wriddhiman Saha and he was also contacted.
Overseas, the US dollar took a breather against basket currencies
India's decrepit state-run train services stand to receive at least a 25 percent boost in investment to over $9 billion.
What are you cooking this Diwali? Tell us!
A 60-kg British-era copper chandelier at the main entrance of 17th century Taj Mahal crashed down recently, prompting the Archaeological Survey of India to initiate a probe into the matter.
The heat wave is the result of an anti-cyclone over Pakistan and western Rajasthan, the impact of which is being felt across the northern plains.
By the end of March 2022, only 2,140 million pieces of Rs 2,000 denomination currency notes were in circulation, or 13.8 per cent of the total value of notes.
School Education Minister Vijay Shah says if successful, the proposal will be sent to make this must in all govt schools.
74 of these fatalities were reported by 8 companies: Coal India (21), L&T (14), Vedanta (13, of which Hindustan Zinc reported 7), Tata Steel (7), Power Grid Corporation of India (7), JSW Steel (6), and ONGC (6).
The US dollar jumped in overseas market on Wednesday.
Here's a recap of moments captured in India in the last week.
Hindalco's first quarter (Q1FY23) results indicate healthy domestic volumes for aluminium and copper, and lower cost of production. Subsidiary Novelis saw weak volume trends but it managed to push operating profit margins on a better mix and pricing hikes. The weak global outlook on aluminium is a cause for ongoing concern.
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 chief minister said non-biodegradable plastic products, mainly polythene covers affect the environment, impeding water flow.
Stating that the food subsidy bill is becoming "unmanageably large", the Economic Survey 2021 on Friday suggested the government to increase the selling price of foodgrains provided through ration shops to over 80 crore beneficiaries. Foodgrains via ration shops are supplied at highly subsidised rates of Rs 3 per kg for rice, Rs 2 per kg for wheat and Rs 1 per kg for coarse grains through Public Distribution System (PDS) as per the National Food Security Act (NFSA). "While it is difficult to reduce the economic cost of food management in view of rising commitment towards food security, there is a need to consider the revision of central issue price (CIP) to reduce the bulging food subsidy bill," the survey said.
Even as cement companies continue to announce ambitious expansion plans, analysts turn cautious over the sector as incremental supply is expected to coincide with a weak demand growth period, and other headwinds of higher fuel costs, weak monsoons and general elections. In August, JSW Cement said it will take its current 19 million tonnes (MT) capacity to 60 MT in the next five years. The country's top producers have massive expansion plans underway - UltraTech Cement targeting 200 MT, Adani Cement aiming for 140 MT and Dalmia Cement planning for 110-130 MT.
The March quarter (Q4) of the ongoing financial year (FY23) may see cement companies report better financial numbers as input costs ease, pricing action resumes, and cement demand remains firm. While companies have been cautiously optimistic about their outlook, analysts and sector experts remain bullish. In its latest report on the cement sector, brokerage IDBI Capital said that it expected earnings before interest, tax, depreciation, and amortisation (Ebitda) per tonne for cement companies to improve by Rs 200-300 sequentially in Q4.
Here are glimpses of people practising yoga across the country.
UNICEF estimates that almost 16 million children and their families are in urgent need of life-saving support. Since mid-August, there have been at least 1,288 reported deaths.
Farmers should be encouraged into crops needing less of water, while ensuring a market for what they sow, said ICAR's head.
Here's a recap of events that occurred in India in the past 24 hours.
Even the Central Statistical Office has started using GDP as the main measure of economic activities since January 15 this year
A contingent of over two dozen women, including border guarding 'mahila' troops of BSF, have embarked on a maiden 2,300 km camel safari along India's international border with Pakistan.
Silver followed suit and recovered Rs 400 to Rs 34,100 per kg.
India Bullion and Jewellers Association said, self-certification of coins by refineries contravenes the basic purpose of a certifying agency.
The Election Commission on Tuesday deferred the polling date for election to the lone Lok Sabha seat in Mizoram and by-poll to Hrangturzo assembly seat to April 11 from April 9 in view of a state-wide bandh called against exercise of franchise by Bru voters lodged in Tripura camps through postal ballots.
Here's a recap of events that occurred in India in the past 24 hours.
