A total of 800 people, belonging to 237 families, have so far been shifted to safety by the district administration
A 6-7 million tonnes shortfall in rice production due to a fall in paddy sowing area is likely to keep rice prices at elevated levels, adding to the inflationary pressure that the slowing economy is already grappling with. Elevated food prices, including that of cereals, had led to retail inflation reversing a three-month declining trend, to touch 7 per cent in August. Similarly, the wholesale price inflation, which declined to 11-month low, also showed price pressures from cereals resulting from wheat output being impacted by severe heat waves in some parts of the country.
Many families in the affected area are finding it hard to sever their emotional ties with their homes and move out.
Eminent epidemiologist Dr Chandrakant Lahariya said these fluctuations in the figures will continue for a fairly long time and it is difficult to predict till when it will continue.
Upbeat high-frequency indicators and consumer confidence show that Indian economy continues to forge ahead, emerging out of shackles of pandemic, said an article on the state of economy published in RBI Bulletin on Wednesday. The recovery is spearheaded by an uptick in private investment through November-December alongside a turnaround in bank credit offtake and high capex from the government sector (Centre and states). In conjunction, the employment situation has brightened, said the article written by RBI officials.
The mammoth mismatch has given credence to claims of massive under-reporting of COVID-19 fatalities in the city.
The number of subsidence-affected homes rose to 678 while 27 more families were evacuated to safety, a bulletin from the Disaster Management Authority in Chamoli said, adding so far 82 families have been shifted to safe locations in the town.
The 70-year-old actor was admitted to the hospital on December 25 with severe hypertension and exhaustion.
The results of the assembly elections in Gujarat and Himachal Pradesh are likely to play out during the winter session of Parliament beginning Wednesday.
News of all that's transpired on and off the football field
If booster shots are given on priority, the pace of vaccination may slow further. In the worst case scenario, the country will take till mid-March to vaccinate its entire adult population partially.
Mumbai on Friday recorded 20, 971 new coronavirus infections, the highest one-day spike to date, while Delhi registered the highest single-day spike too with the national capital reporting 17,335 new infections, highest since May 8 last year
The next edition of the country's leading automobile show, the Auto Expo, will be held from January 13-18 next year, having been cancelled this year due to the COVID-19 pandemic. The last edition of the biennial automobile show took place in February 2020 amid fears of the spread of the coronavirus across the world. It was supposed to take place in February this year at Greater Noida but was postponed due to the worsening COVID-19 situation.
The sharp spike in recent weeks continued unabated in the southern states.
The Delhi government will provide free ration for two months to 72 lakh ration card holders and financial assistance of Rs 5,000 to auto-rickshaw and taxi drivers in the city to help them tide over the Covid-19 crisis, Chief Minister Arvind Kejriwal said on Tuesday.
Our income tax department should bring out monthly bulletin as well as annual reports providing insights into the nature of our direct tax segments, points out R Vaidyanathan.
The 65-year-old man hailed from the Hyderpora area of Srinagar, while the two minors -- seven years old and eight months old -- who tested positive for the coronavirus are also from the city.
India's rupee is likely to remain under pressure due to high prices of crude oil and other commodities, and may stabilise at around 79-80 against the US dollar in the near term, say experts amid limited headroom available with the Reserve Bank to check the weakening of the domestic currency. The currency has slumped over 5 per cent this year after Russia's invasion of Ukraine sent international crude oil prices soaring to a decade high. On Monday, rupee ended at a fresh all-time low of 78.34 (provisional) against the US dollar.
Against the backdrop of a nearly four-hour outage at the National Stock Exchange last month, an RBI article on Friday suggested allowing trading of benchmarks Nifty and Sensex on all stock exchanges. Trading was halted at the NSE for nearly four hours on February 24, reportedly due to telecom links failure leading to unavailability of the online risk management system of the NSE Clearing Ltd (NCL). NCL, a wholly-owned subsidiary of NSE, is responsible for clearing and settlement of all trades executed on the exchange, according to the article.
His investigations have not revealed anything alarming so far, it said. The 70-year old actor is scheduled for a further set of investigations on Saturday, reports of which would be available by the evening, it said.
Backed by the China-plus-one policy, India's textile and apparel exports have seen a 53 per cent growth during the April-November period of the current fiscal year at around $26 billion. This compares to the figure of $17 billion during the same period in FY21. According to Wazir Textile Index, all major companies including Welspun, Vardhman, Trident, KPR Mills, Indo Count, RSWM, Filatex, Nahar Spg and Indorama have posted higher sales during the first half of the current fiscal year compared to the pre-pandemic year.
Delhi's previous biggest daily jump of 28,395 cases was recorded on April 20 last year.
Seeing the good recovery rate, authorities in the city have for now put on hold their plans to use stadiums as makeshift COVID-19 care facilities.
The positivity rate rose to 4.48 percent from 4.11 per cent a day before, amid a massive surge in cases recorded over the past few weeks.
BCCI president Sourav Ganguly will undergo stenting on Thursday in presence of Dr Devi Shetty, Kolkata's Woodlands Hospital said.
This is the highest number of cases since December 13 when 1,984 people tested positive for the virus, according to official data.
Surplus rain water gushed out of reservoirs while several roads here resembled swollen rivers and four persons were killed in rain related incidents in Tamil Nadu and over 60 houses suffered damage, authorities here said on Monday.
Delhi recorded 17,282 fresh cases of COVID-19 on Wednesday, the highest single-day surge in the national capital since the onset of the pandemic, while over 100 fatalities were reported, according to data shared by the health department.
It has been decided to open factories and allow construction activities, Kejriwal said.
An Indian television news station has recruited the country's first transgender news anchor, five months after a court ruled that transgender people be recognised as a legal third gender.
Of the 787 ICU beds with ventilators in government-run and private hospitals, 278 were already occupied by 6 pm on Tuesday, according to the city government's "Delhi Corona" application.
After breaching the value of 1 in the first week of August, the R number, which reflects how rapidly the coronavirus pandemic is spreading, has been steadily ebbing, according to researchers at the Institute of Mathematical Sciences, Chennai.
A total of 311 people from various districts are under observation, Health Minister K K Shailaja said.
The chief minister also said that all 72 lakh ration card holders in the city will be provided free 10 kg ration this month.
Those hardest hit by the second wave of the pandemic have been blue-collared workers, doctors and healthcare workers, law and order and municipal personnel, individuals eking out daily livelihood, and small businesses. And there should be more measures taken to alleviate their pain, the Reserve Bank of India (RBI) said on Monday. The report also indicated that the RBI's growth numbers might have to be revisited as the central bank's real GDP growth projection of 26.2 per cent given in the MPC's resolution of April 7 for the first quarter of 2021-22, were "made before the full fury of the resurgence." Nevertheless, the "resurgence of COVID-19 has dented but not debilitated economic activity in the first half of Q1: 2021-22.
The Indian economy is on the path of a durable recovery on the back of conducive monetary and credit conditions, the global headwinds notwithstanding, said a Reserve Bank of India (RBI) article on the state of the economy. Domestically, there have been several positives on the COVID-19 front, in terms of reduced infections and faster vaccinations, the article published in the RBI Bulletin November 2021 added. The Indian economy, the article said, is clearly differentiating itself from the global situation, which is marred by supply disruptions, stubborn inflation and surges of infections in various parts of the world.
Against the backdrop of a row over Sanskrit replacing German in government run schools in India, Prime Minister Narendra Modi has said India's secularism is not so weak that it will be "shaken" because of a language and there was a need for having "self-confidence".
Between October 21 and October 31, the rise in home isolation cases stood at over 41 per cent, as per the official figures.
The India all-rounder is expected to be out of action for five months.
'When you need to revive the economy, when you need to revive aggregate demand, you cut taxes.' 'But what's this government doing?' 'It's increasing taxes for the middle class and the vast majority of the poor on fuel, which has a ratchet effect on most other products.'
