Sectorally, BSE metal, basic materials, energy, realty, power, oil and gas, finance, FMCG, bankex and telecom indices fell up to 1.71 per cent.
The Maharashtra government announced categorisation of various areas into red and non-red zones
In Gujarat, of the 12.5 million hectare of area under cultivation, while six million is dependent on rainfall, two million is covered by groundwater, a bulk of which is said to be in north Gujarat. Scanty rainfall in the last one and half years has not only depleted groundwater level but also affected dams.
The 30-share index ended higher by 481.16 points or 1.91 per cent at 25,626.75 -- its highest closing since January 1.
Sector analysts opined that the northern, central and eastern markets were particularly hit
'MGNREGA is definitely like a lifeline and is the employer of the last resort'
State Bank of India's house economists on Monday said the recent farm sector reforms reek of parochial thinking and promote lazy farming as they only cater to cereal-producing states. In the recently concluded monsoon session, the government rushed through three legislation to change the way agricultural produce is marketed, sold and stored by dismantling the decades-old APMC (Agricultural Produce Market Committee) mandis.
Six friends -- Niel, Masban, Mustafa, Elderin, Aakash and Akhtar -- recently went on a bike ride to one of Maharashtra's most happening monsoon getaways -- Malshej Ghat. Here Akhtar Shaikh recounts their journey...
Notwithstanding divisions in the Cabinet, government is likely to give a green signal for inclusion of caste in census.
Swarms of immature pink locusts and adult yellow locusts are currrently active. Not only are fresh locusts swarms expected to arrive in the coming weeks, but even those already present in India have mated and are breeding new offspring.
'India is planning to construct a multipurpose reservoir.' 'It will be a 10,000 MW hydropower project to offset the impact of the hydropower project by China.'
'Maharashtra has 34,000 active cases, of which 24,000 are asymptomatic, and hence need no medicines but are under quarantine.' '9,500 cases are showing mild to severe symptoms.' 'While 1,200 are seriously ill, only 200 of them are on ventilator support.' 'Let those claiming that the situation in the state has gone out of control, look at these numbers objectively before damaging the state's reputation for political gains.'
'It is entering growth territory on a month-on-month basis.'
In a report published by the Times of India, experts say 'black carbon' from the smog and ash is covering the glaciers, making them more prone to melting.
Readers share their travel pics. You can share yours too.
Near 40 people including children died due to heavy monsoon rains and related accidents in Pakistan, a police official said on Thursday. Most of the people have died because of the roof collapsing incidents in the largest province in Punjab as a result of continuous heavy rains since Wednesday night.
What are the most worrisome aspects of climate change for India? Can they be solved?
Aseem Chhabra lists his favourite Indian films of 2021.
In the first of a two-part series, Business Standard examines the impact of the upcoming summer on agriculture and drinking water supply.
'Right now, we are increasing production in anticipation of the demand during the festive season.' 'If the demand doesn't come back, all the production will languish in the factories.'
As Mumbai almost came to a halt after overnight rains, netizens and Mumbaikars took a dig at the Shiv Sena for the plight of their beloved city.
Metal stocks also had a good session, with JSW Steel zooming by 7%, and Tata Steel and Nalco gaining about 3% each.
Onions, too, are expensive at Rs 60-70 per kg, while other major green vegetables are ruling between Rs 35 and Rs 90 per kg.
Costlier vegetables slowly pushed retail inflation, which had remained well within the Reserve Bank's comfortable level of 4 per cent during most part of 2019, peaked to more than three-year high of 5.54 per cent in November.
Rediff reader Heera Nawaz talks about her trip to Tiruvannamalai in Tamil Nadu.
'We have seen a host of businesses across sectors generate economic value and wealth for investors.'
Hitesh Harisinghani tells us how to give an interesting spin to the regular bottle gourd.
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."
As markets enter the new financial year and the long-term capital gains tax on the sale of stock investments kicks in, Abhinav Khanna, head of equities, Citi India, tells Puneet Wadhwa that he remains optimistic on the medium-to-long term growth of India, led by consumption recovery and the green shoots visible in the capex cycle.
A look at the key decisions taken by the Narendra Modi government in its six months.
Good, bad & ugly style looks of the week.
Extending losses for 7th session, Nifty fell below the 8,000 mark for the first time since Nov 25
The earlier government was blamed for non-performance, the current one will be rightfully blamed for mismanagement
Among the stocks that have seen the largest cut by MFs, the DVR shares (shares with differential voting rights) of Tata Motors have seen a cut of 243 basis points (bps) in MFs' stake.
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