'We went from zero to about 10 million users in three months. Paytm came out with the wallet play and we came out with the UPI play.'
'If you keep on irritating the body by allowing all kinds of pollutants to get into it, the body cells are going to get irritated and cancer will come.'
'Sweden removed the inheritance tax because many of the rich were fleeing. For example, the owner of IKEA had migrated out of Sweden'
In Chamoli district, a flood-like situation has developed along the banks of a dozen rivers, including Alaknanda and its tributaries Pindar, Nandakini and Birhi.
Shares of public sector enterprises have corrected by up to 22 per cent month-to-date until March 19, 2024. Analysts attribute this steep fall to the valuation exuberance seen after a sharp run in these counters last year and suggest investors remain selective regarding the stocks in this space. "The rally in public sector undertaking (PSU) stocks has been stretched and sharp, although it is somewhat justified by improvements seen in earnings, operations, balance sheets, and overall profitability.
India's unemployment rate for persons aged 15 years and above was recorded at a six-year low of 3.2 per cent during July 2022-June 2023, as per the Periodic Labour Force Survey Annual Report 2022-2023 released by the National Sample Survey Office. Joblessness or unemployment rate is defined as the percentage of unemployed persons in the labour force. Considering the importance of the availability of labour force data at more frequent time intervals, the NSSO launched the Periodic Labour Force Survey (PLFS) in April 2017.
The difference of wages and salaries between rural and urban women employees is of Rs 67.66, Union Minister for Labour and Employment Oscar Fernandes said, citing a report of the National Sample Survey Organisation in the Upper House. The average wages and salaries of rural and urban women employees per day are Rs 85.53 and Rs 153.19 respectively, he said.
With sentiment for the automotive (auto) sector turning positive, stocks of two-wheeler auto majors have been hitting their 52-week highs. Hero MotoCorp, Bajaj Auto, TVS Motor Company, and Eicher Motors recently reached their yearly highs on strong sales in the festival season and the expectation of faster growth rates ahead. Since the start of this month, listed two-wheeler majors have delivered returns in the 12-17 per cent range, compared to the 7 per cent gains for the S&P BSE Auto Index and 3 per cent for the benchmark S&P BSE Sensex.
Claims of a spike in poverty and inequality in India during the Covid-19 pandemic are patently false as such claims are based on uncomparable different surveys, according to a paper co-authored by eminent economist Arvind Panagariya. The paper also noted that inequality fell in the country during Covid years, both in rural and urban areas as well as nationally. Panagariya, Columbia University Professor and former vice chairman of NITI Aayog and Vishal More of Intelink Advisors, New Delhi have co-authored a detailed paper 'Poverty and Inequality in India: Before and After Covid-19'.
Its workers are on their toes to win over the voters once again, with idea of 'Amrit Kaal'.
'While every year presents new challenges, it also provides opportunities for better growth and performance.'
Snapping its declining trend, retail inflation rose to a three-month high of 5.55 per cent in November on firming food prices, including vegetables and cereals, though it remains within the RBI's comfort zone of less than 6 per cent. Inflation based on the Consumer Price Index (CPI) was 4.87 per cent in October and 5.88 per cent in November 2022, the government data released on Tuesday showed. The previous high was 6.83 per cent in August and inflation had been on a decline since then.
The index is currently trading at 149 per cent of its historical P/B valuation, surpassing its previous peak of 125 per cent made in 2020-21.
'Rather than taking a very short-term view on the markets, equity investing should be premised on longer term growth opportunities.'
Only one in four workers in Karnataka receive a salary, the lowest among the four industrialised states of India, a Business Standard analysis of the latest annual Periodic Labour Force Survey (PLFS) data shows. While 31.6 per cent workers in Gujarat receive regular wages (or salaries), followed by Tamil Nadu (30.3 per cent) and Maharashtra (29.4 per cent), only 25.7 per cent workers in Karnataka receive the same. The figure stands at 21.5 per cent at the national level, according to the 2021-22 PLFS data.
Empowering rural India is of utmost importance and the government needs to do so by provisioning for broadband penetration and financial inclusion.
Four of seven Bharatiya Janata Party MPs who fought the Rajasthan assembly elections won their respective seats while three others lost the polls.
A panel of Union ministers held a fourth round of talks with farmer leaders in Chandigarh on Sunday over their demands, including a legal guarantee of MSP, as thousands of protesting farmers camped at the Punjab-Haryana border.
The government has revised the wages for unskilled manual workers under the national rural employment guarantee scheme by indexing it to inflation, Rural Development Minister Vilasrao Deshmukh said.
'2019 was fought on delivery. But in 2024, you can see the before and after effects.'
'We cannot leave our entire unorganised sector to the vagaries of market forces.'
The National Rural Employment Guarantee Act, flagship rural development programme of the United Progressive Alliance government, was launched in February 2006 in 200 districts. It was later expanded to another 130 districts in 2007-08 and eventually extended to cover all the 593 districts.
'Modigate is snowballing into a huge thing with the electorate. The BJP is in for huge punishment by the electorate.'
Barring 2004 and 2009 when Navjot Singh Sidhu won the Amritsar seat as a BJP MP and 1998 when Daya Singh Sodhi from BJP was elected as the MP, it has essentially a Congress bastion.
Get more people working, get more people working in modern manufacturing and services in our cities, and get people working better and longer, suggests Naushad Forbes, past president, CII.
The government will formulate a strategy to make India self-reliant in edible oils by boosting domestic output of oilseeds and launch a comprehensive programme to support dairy farmers, Finance Minister Nirmala Sitharaman announced on Thursday. India imports a large quantity of edible oils to meet the domestic demand. During the 2022-23 marketing year (November-October), the country imported nearly 165 lakh tonnes of cooking oils, valuing a whopping Rs 1.38 lakh crore.
Will the new Congress government implement the five 'guarantees' that helped it in part to wrest power from the Bharatiya Janata Party in toto or will they now add a "conditions apply" clause?
The India meteorological department on Sunday issued an 'orange' alert for Gujarat, saying the state was expected to receive "heavy to very heavy rainfall" on July 24.
'The water crisis is so obvious that people see no point begging for it from politicians.'
The President said the focus must be on Providing Urban Amenities in Rural Areas (PURA) and interlinking of rivers.
Non-flagship programmes to get a mere 5% hike in allocation
The result is a big blow to the military establishment, revealing the limits of 'political engineering'. It reflected the anger of the electorate, especially its younger voters, who have spoken decisively against the persistent harassment and victimisation of Imran Khan's political party, asserts Rana Banerji, who headed the Pakistan desk at RA&W.
Pawar said the Union Cabinet has already decided last week to reschedule crop loans of farmers in the affected drought areas with reduced interest rate of 7 per cent.
Retail inflation rose to three-month high of 4.81 per cent in June, mainly on account of hardening prices of food, according to the government data. Inflation based on the Consumer Price Index (CPI) stood at 4.31 per per (revised upward from 4.25 per cent) in May and 7 per cent in June 2022. The inflation, however, remains within the RBI's comfort level of below 6 per cent.
The processor is just 5 per cent of the overall cost of a computing device.
From a conqueror's epic journey to a school kid's nocturnal adventures, fasten your seatbelts as OTT takes you to multiple destinations this week.
Among the Sensex firms, Larsen & Toubro, UltraTech Cement, JSW Steel, Titan, Bajaj Finance, Wipro, Tech Mahindra and Nestle were the major laggards. Maruti, Power Grid, Axis Bank, State Bank of India, NTPC, HDFC Bank, ITC and IndusInd Bank were the gainers.
Singh Deo will, however, remain the minister for Health and Family Welfare, Medical Education, Twenty Point Implementation and Commercial Tax departments.
'If because of El Nino, the monsoon is affected adversely in the current year, naturally it will affect income projections and consequently Budget numbers.'
For the BJP, Telangana is a sunrise state in the South, while Karnataka is a southern success despite the ups and downs.
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