And why markets could give up 25 per cent of all these gains made since March 2020
A round-up of our favourite photographs from the week gone by.
Read this before you Google singers on the internet.
The workers who were hired straight out of school as unskilled labourers are now struggling to find alternative employment because they lack skills.
A look at the top tweets from your favourite Bollywood celebrities.
A leading Brazilian poultry company has also expressed keen interest in joining hands with Kishore Biyani's Future Group to sell their products in the country
Here's your weekly digest of unusual moments from around the world.
Surjewala said shocking revelations have brought out lies of Sitharaman about the award of Rs 30,000 crore 'defence offset contract' to Reliance Defence as part of this deal.
With the Union government clearing the way for foreign direct investment (FDI) in the railways, the Railway Board is devising a plan for operations, maintenance and construction projects.
From relying on Russia for its first satellite launch, India is fast becoming a global hub to launch satellites, says T E Narasimhan
The textile industry is the second-largest employer in the country, employing about 32 million, and the government is banking on it to absorb millions of youth.
'Our mandate is to work in a transparent manner, keeping two objectives in mind - consumer interest and growth of the telecom sector.'
Profit-booking and selling pressure on below-normal monsoon forecast, marred sentiments, traders said.
Asking employees whether they would prefer to work under a man or woman amounts to asking them to discriminate, positively or negatively, on the basis of gender.
Glimpses of Republic Day celebrations across the country.
A number of smaller players are said to be gasping for breath.
Falling margins, high inflation pitting workers against management.
Downplaying concerns of delay, Amitabh Kant, managing director of Delhi-Mumbai Industrial Corridor Development Corporation (DMIC), says the project will be delivered on time.
Connecting with people is the first step to creating greater awareness for the brand and that in turn, believes ISRO chief K Sivan, will translate into the institution becoming a place that people want to work in.
Nestle refused to regret the mistake in a public statement.
Seeking to reach out to more people, Prime Minister Narendra Modi on Friday addressed the countrymen over radio for the first time, giving a pep talk about how to shed despondency and use their skills for the betterment and prosperity of the country.
An old consumer electronics warhorse looks to leverage its past.
Currently, 23 power units with a cumulative capacity of 30,000 MW have super critical coal stock situation A lack of synchronised approach between the concerned ministries and power plants, has led to this crisis, says Shreya Jai.
'He's got such incredible resilience, such an incredible spirit that we were feeding off his strength rather than him feeding off ours.' 'Sometimes I look back and cannot figure out how the f*** we made this movie.'
Sharp improvement in refining margin is expected to be the prime driving force.
The impact of the ban will not be limited to sales.
Commercial services may start in Mar-Apr next year
The Ambani brothers, Mukesh and Anil, came together on Thursday to raise the issue of stalled projects plaguing India Inc and implored the Maharashtra government and the Centre to make Mumbai, India's financial capital, an easier place for business and investments. "Several projects are stuck for many years in Mumbai and we would like to know how the government intends to improve the financing and execution of projects, including those relating to infrastructure and education which have been in limbo for long and are affecting the growth of the city," Reliance Industries Ltd (RIL) Chairman Mukesh Ambani told Finance Minister Arun Jaitley. Seated on the same table was his brother, apart from Tata Group Chairman Cyrus Mistry and State Bank of India (SBI) Chairman Arundhati Bhattacharya. Jaitley was addressing the Mumbai Next MMR Transformation conclave, organised by the Maharashtra government and Mumbai First here, through video conference. In his reply, Jaitley said the government was exploring several options of infrastructure financing in India and that a number of international bodies were ready to fund infrastructure development projects. He added the government was keenly considering these funding sources. While praising Maharashtra Chief Minister Devendra Fadnavis for honesty, Jaitley also had a word of advice. Apart from being honest, the government had to be decisive, he said. On his part, Reliance Group Chairman Anil Ambani told the chief minister about his experience of decisions being delayed due to an indecisive bureaucracy and the need to protect officials who wanted to take quick decisions. "Through the past many years, we have faced a number of obstacles in decision-making," he said, adding he was speaking as someone who had lived and invested in Mumbai. Fadnavis responded by saying he would bring about a transparent process to ring-fence officials. Both the Ambani brothers have announced a number of infrastructure projects in and around Mumbai, including a world-class convention centre in Bandra Kurla Complex by RIL, but very few have actually fructified. RIL's special economic zone project failed to take off due to land acquisition problems in Raigarh, while a second SEZ near Mumbai is stuck due to lack of clarity in SEZ norms. The first phase of the Mumbai Metro, set up by Anil Ambani's Reliance Infrastructure, was marred by cost overruns and run-ins with the government over fares. Subsequently, the company withdrew from the second and larger phase, citing inordinate delay. Anil Ambani also withdrew from Mumbai's sea link project on the same grounds. The brothers had also bid for a trans-harbour sea link between Navi Mumbai and Mumbai under the Congress-Nationalist Congress Party government, but their bid was rejected. Reliance Infrastructure is also the power supplier to more than half of this city. Participating in the conclave, some of India Inc's leading bankers said making Mumbai a financial hub would take at least a decade. SBI's Bhattacharya said the Indian currency should be made fully convertible and facilities should be created for it. "However, for this, the economy needs to look up and that will happen only in the next 7-10 years, not immediately," she added. Sunil Kaushal, Chief Executive Officer of Standard Chartered, India, pitched for strong infrastructure to support development. "We will take a long time to develop into a global financial centre. We need to solve transport bottlenecks in Mumbai and have lifestyle facilities for people working in and around these areas," he said.
The government is working to expedite clearances to $12 billion project of steel major Posco in Odisha that was awarded environment clearance last week, Commerce and Indutry Minister Anand Sharma said on Tuesday.
Aseem Chhabra looks at the year's best Non-Hindi Indian movies.
'Lots of Indians are not eating healthy.' 'They eat lot of carbs, eat late, and use sugar unnecessarily.'
Mid- and small-cap companies seem to have done better than top-tier companies
'In our textbooks, we never had chapters where a woman does something. We had one Rani Laxmibai chapter, the rest only the men did. We have been trained like that but, now, things have to change.'
Several exemptions have been given to reduce the cost of raw materials.
India must weave a quick-fix formula to ensure growth.
The IMD came out with a dismaying prediction.
If used without much care credit cards can become debt traps. But there are ways to use them to your advantage, says Rajiv Raj
Many see Nirma's Lafarge deal as some kind of second coming for the Patels.
The Niti Aayog has finalised the first draft of a new national energy policy.
Modi is practical person... If he comes in, he will revive the economy and create jobs, says Sanjay Suri.