Incessant showers lashed Mumbai and its neighbouring areas on Wednesday morning, leading to flooding in many low-lying areas and traffic snarls on roads.
With the markets scaling new highs, as many as 43 stocks from the Nifty50 index and 27 of the 30 scrips that are part of the S&P BSE Sensex are trading above their respective 200-day moving average (DMA). The 200-DMA is seen as one of the most relevant trend indicators by investors and traders, who believe that stocks and indices trading above this level possess strength and are likely to rally in the short to medium term, while the ones trading below this level are viewed as bearish and expected to see a sell-off. Wipro, UPL, Kotak Mahindra Bank, Hindalco, Infosys, Cipla, and Adani Enterprises are the only stocks from the Nifty50 pack that are still below their respective 200-DMA, the exchange data suggests.
Automobile retail sales in India witnessed a double-digit year-on-year growth in February driven by robust sales across segments including passenger vehicles and two-wheelers, automobile dealers' body FADA said on Monday. Total registrations across segments rose 16 per cent year-on-year to 17,75,424 units last month, as compared to 15,31,196 vehicles in February 2022. Passenger vehicle retail sales rose 11 per cent to 287,182 units last month, against 258,736 units in the year-ago period.
While the city received some showers late Wednesday night, it remained almost dry on Thursday.
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An El Nino is a temporary change in the climate of the Pacific Ocean, in the region around the equator.
A research shows that the health of the majestic Gangotri glacier that feeds the river Ganges has been affected, as the maximum temperature in the region has shot up by 0.9 degree Celsius and snowfall reduced by 37 cm annually.
As the mercury rises she looks cooler and cooler,
It was carrying 750 passengers from Dhaka to Bhola district in southern Bangladesh.
Six wondrous wardrobe moments that set the mood board this week.
Bihar Chief Minister Nitish Kumar has announced an ex-gratia of four lakh rupees to the kin of those killed in the incident.
Following a strong performance in the 2022-23 January-March quarter, publicly listed paint industry giants displayed a mixed performance in the 2023-24 (FY24) April-June quarter. While Berger Paints India outperformed its peers and reported results in line with expectations, market leader Asian Paints and Kansai Nerolac Paints fell slightly short of expectations.
It was the second straight week of gains for the benchmarks.
Data compiled by National Collateral Management Services (NCML, a non-government body) shows a 6.3 per cent rise to 109 million tonnes (mt). The Union ministry of agriculture's first advance estimate was 100.5 mt, as compared to 102 mt in last year's fourth advance estimate.
Sukanya Verma shares her exciting filmi week with us!
In a statement by BCCI secretary Jay Shah, 'the move was made considering the monsoon season in India in the months of September-October this year'.
'There is a weak link between the economy and the stock market.'
Over the last 50 years, the number of sittings of Parliament has been declining and has halved since the 1950s and the 1960s, the report stated.
In 20th edition of his radio programme 'Mann ki Baat', Prime Minister Narendra Modi talked about water conservation, Rio Olympics and other subjects.
Maruti Suzuki India (MSI) and Hyundai posted single-digit growth in domestic sales in June, even as the overall passenger vehicle segment crossed the 20 lakh units sales mark for the first time-ever in the first half this year. Toyota Kirloskar Motor reported a double-digit growth in dispatches to dealers, while Kia saw a dip in wholesales last month. MG Motor India also reported a double-digit increase in retail sales in June 2023 compared to the same month last year.
FinMin has already sought inputs from different central ministries for the Budget speech, which would be the last Budget of the current BJP-led NDA government before the 2019 general polls.
The mighty Brahmaputra, one of the longest rivers in the world passes through China, India and Bangladesh and has several tributaries and sub-tributaries.
Pakistan's Finance Minister Miftah Ismail on Monday said the government can consider importing vegetables and other edible items from India following the destruction of standing crops due to massive floods, three years after Islamabad downgraded trade ties with New Delhi over the Kashmir issue.
The festival season has already begun in the west and south of India with Ganesh Chaturthi and Onam, respectively, and consumer companies are witnessing a pick-up in sales compared to pre-Covid levels. Retailers, fast-moving consumer goods (FMCG) and consumer durables companies expect their sales to grow in double digits this festival season compared to pre-pandemic times, as there are no curbs on movement now. Adani Wilmar expects sales volume to be higher by 15-20 per cent as rural India has largely witnessed good monsoon rains, and employment has picked up in urban areas.
Similar discounts compared to online led to a spike in demand for offline, where customers can get a more personal and hands-on product experience.
Trade and market players have already started factoring in at least 10 million tonnes drop in production in rice in the kharif season as compared to last year due to delayed sowing.
Just two days after recording 811.6 mm of rainfall in a day, Cherrapunji in Meghalaya received a bountiful 972 mm of precipitation in 24 hours ending 8.30 am on Friday, the highest in June since 1995 and the third highest in 122 years, the India Meteorological Department (IMD) said.
Rain played spoilsport yet again as the second day of the one-off Test between India and Bangladesh was called off without a single delivery being bowled, in Fatullah, on Thursday.
Thursday evening brought a pleasant surprise for sweating Mumbaikars, as pre-monsoon showers lashed the entire periphery of the megacity.
According to the Hindu calendar, Dev Uthani Ekadashi is the day in the month of Kartik, the 11th lunar day (a period between new moon and full moon, also known as shukla paksha).
'I hope more shows highlight the unsung heroes of our rich history.' 'As for bringing the trophy home, a man can hope, but truly I am just excited to be there.'
'India is an equity market with a breadth and depth of companies to invest in.'
Although demonetisation and improper implementation of GST along with falling prices are being blamed for much of the distress in rural India for some time, experts believe those may not be the only reason.
On an average, there are 970 flight arrivals and departures at the Mumbai airport every day.
'Me and my family along with Sarfaraz have given our entire life towards this dream.'
India now faced a higher likelihood of a drought in some parts, as monsoon rain would be less than predicted in April, private weather forecaster Skymet said on Friday.
