Due to unseasonal rains, the second quarter of financial year 2023-24 (Q2FY24) was disappointing for the room-air conditioner (RAC) segment and Q3FY23 was also slow. While general consumption demand was low in Q3FY24, the low base and the pent-up demand from the first half of financial year 2023-24 (H1FY24) seem to have driven an off-season demand for RACs.
Rekha watches Rani's film...Samantha visits a temple... Mismatched gets a third season...
Automobile retail sales in India rose to a record high in November, aided by the best ever monthly performance across passenger vehicle and two-wheeler segments, dealers' body FADA said on Wednesday. The overall retail sales stood at 28,54,242 units last month, 18 per cent higher over 24,09,535 units in November 2022. Passenger vehicle (PV) retail sales rose to 3,60,431 units as compared to 3,07,550 units in the year-ago period, registering a growth of 17 per cent.
Netflix has unveiled a line-up of 15 original series as well as returning seasons of popular shows.
'I wasn't getting the roles I wanted to play and the respect I thought I deserved as a senior actor, so I cut myself off from the industry for a while and moved to the US.'
NBA great Michael Jordan's autographed game-worn sneakers from his rookie season fetched a record $560,000 (463,380 pounds) in an online auction, Sotheby's said on Sunday. The Air Jordan 1s, designed for Jordan in 1985 and the first ever signature sneakers, were expected to sell for between $100,000 and $150,000 in the auction.
With the cooling down of heatwaves as the monsoon spreads across the country, power demand has fallen by 12.5 per cent from the start of this month till Monday. Peak power demand of the country had touched a record of 210 Gw last week, mostly due to rising temperatures and opening up of the economy. Compared with the beginning of this month, almost all states have seen a fall in power demand. Punjab, however, is an exception where the power demand on Monday was 17 per cent higher than on June 1.
India's manufacturing sector activities gained further strength in November, and witnessed the strongest increase in production and sales since February on improving market conditions, a monthly survey said on Wednesday. The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI), increased from 55.9 in October to 57.6 in November, signalling the strongest improvement in the health of the sector in ten months. Moreover, the headline figure was well above its long-run average of 53.6.
'Even during the pandemic we did it.' 'We think it's our responsibility to make sure that we manage the uncertainty.'
'Every piece of content, every thought, has stemmed from reality and personal experiences.'
Armed with necessary macro and micro growth drivers, India is on its way to becoming the fastest growing major economy in the world, a finance ministry report said. Rapid vaccination and teeming festivities will push India's ongoing recovery resulting in narrowing of demand-supply mismatches and greater employment opportunities, as per the monthly Economic Review prepared by the ministry.
If a BJP-led government does, indeed, perform as well as the opinion polls predict, the 16th Lok Sabha will have fair chances of stability.
'The consolidation of the world's fifth-largest economy in the hands of 15-20 corporate giants is a once-in-generation event, which we are focusing on.'
'While assisting on Made In Heaven, Ritesh Sidhwani asked me if I had anything I wanted to make.' 'Luckily, I had this script. I was working on the script of Eternally Confused And Eager For Love for four years.' 'Excel pitched the show to Netflix, and that was it!
With the wedding season already in full swing, a few things to keep in minutes financially when tying the knot, advises Bindisha Sarang.
Will syringe shortage puncture India's Covid vaccine plans?
'The recent price hike would only be beneficial if the airlines continue to operate at 80 per cent airline capacity. An increase towards 90 or 100 per cent airline capacity would again add pressure to the fares as demand remains muted. Also, we are in the fourth quarter of the fiscal year which is a seasonally weaker quarter,' says an analyst.
There was a delay in sowing of kharif onion because of late arrival of monsoon and later floods in many states damaged the crop.
The German won the opening sprint over 600 metres but lost in the second race over 1,200 metres and the 900-metre decider against a Eurofighter jet.
'It is difficult to pin down any singular factor but marriage does invite the emotional investment of viewers,' observes Chintan Girish Modi.
The Family Man is the espionage drama India is waiting to see, raves Karan Sanjay Shah.
Novak Djokovic took a first unsteady step toward completing the calendar-year Grand Slam on Tuesday as the Serb laboured into the second round of the US Open with a 6-1, 6-7(5), 6-2, 6-1 win over dashing Danish teenager Holger Rune.
EC officials said the counting of votes for the Lok Sabha elections will begin at 8 am on Thursday and results are expected only by late evening.
'The news about the new virus strain in the UK provided them with an opportunity to take money off the table.'
Sumit Bhattacharya lists what the leaked WhatsApp conversations reveal about the man named Arnab Goswami, and a certain PDG.
Atletico de Kolkata spurned the golden opportunity of making best use of home advantage as they were held to a goalless draw by FC Goa in the first-leg semi-final of the Hero Indian Super League in Kolkata.
Past experience shows loan waivers benefited only 30% of India's farmers; here again, the richer cultivator skimmed the cream, leaving very little for his poorer brethren.
India are favoured to extend their dominance while West Indies face insurmountable odds to draw parity, in the second One-day International, in Visakhapatnam, on Wednesday.
With Liverpool still to visit Chelsea, who trail them by nine points with two games in hand, Juergen Klopp's side may have to beat Brighton & Hove Albion on May 13 and rely on their superior goal difference to qualify for the Champions League, assuming they do not secure it by winning this year's trophy.
If currency controls are maintained indefinitely, popular support for Narendra Modi's demonetisation will turn into dislike, warns Devangshu Datta.
Summary of sports events and persons who made news on Saturday
Raphael Varane converted two corners as a second-string Real Madrid began the defence of their King's Cup crown with a 4-1 victory against third-tier part-timers Cornella on Wednesday.
Longest period of price-earnings expansion in the index since 1996
Unplanned, last-minute pricing is hurting the aviation sector, as is evident from the balance sheets of Indian carriers
He said the UPA had left the economy in a dire state, with Consumer Price Index and food inflation at double digit, Wholesale Price Index inflation around 6-7 per cent and growth prospects were limited.
The agricultural supply system has to be able to respond to this increasing demand, which it is not able to do.
Binu Alex, co-founder and editorial director of www.commodityonline.com, in an interview to Syed Firdaus Ashraf/Rediff.com, says demand-supply imbalance arising out of the government's inability to preserve the crop for non-harvesting season is the root cause behind the price rise.
RBI on Monday conducted an unprecedented level of liquidity infusion to the tune of Rs 3.3 lakh crore, in which banks bid for as much as Rs 4.5 lakh crore. The central bank said it would conduct a liquidity infusion auction of Rs 1 lakh crore on Tuesday as well, to help banks tide over the liquidity crisis.
The company is currently selling an average 2,000 units each month.
A summary of Tuesday's action at the US Open.
