Businesses that either take local communities for granted or see them as an obstacle to be 'managed' are skating on thin ice.
The bull run in the Indian equity markets is intact, said analysts at Morgan Stanley in a recent note. They expect the S&P BSE Sensex to hit 80,000 levels by December 2023 in their bull-case scenario, to which they have assigned a 30 per cent probability. From the current level, this translates into an upside of nearly 29 per cent.
The cut-off date the RBI chose was March 1, 2018. This meant that by the end of August if these accounts were not resolved, then they would have to proceed through insolvency.
'While foreign institutional investor flows are still negative, they will turn positive in the latter part of 2023 as India's resilient growth becomes perceptible.'
The administration started preparing for the demolition of two precariously standing hotels in subsidence-hit Joshimath in Uttarakhand on Tuesday, but faced protests from their owners and locals on the issue of compensation, while more families were evacuated from the danger zone as the number of affected houses rose to over 700.
Fresher hiring sentiment is highest in India, with 17 per cent employers keen on recruiting fresh graduates in the July to December 2021 period against 6 per cent globally. According to the Career Outlook Report by TeamLease EdTech, conducted across 18 sectors and 14 cities, the hiring sentiment in the country has registered a 2 percentage point increase over the February-April 2021 period. In terms of sectors, those that have been able to withstand the impact of the pandemic and witnessed a stronger hiring sentiment are information technology (31 per cent), telecommunication (25 per cent) and technology start-ups (25 per cent).
Strong macroeconomic headwinds causing turbulence in the $245-billion Indian IT industry are yet to calm down. Top Indian IT services companies are likely to post a decline or just marginal growth in sequential revenue in Q1FY24 because of a soft discretionary spending environment. Though the first quarter is seasonally strong for IT firms, "June 2023 will be an exception", according to analysts at Kotak Institutional Equities.
'An earthquake of a slightly higher magnitude in the Western Himalayan region is going to be catastrophic -- not just because of the fragility of the region but because of how densely we have occupied it.'
Venkataraman Krishnamurthy, who is considered as the turnaround man of several Indian corporate houses like BHEL, Maruti Udyog, SAIL and Gail (India), passed away on Sunday at the age of 97. Krishnamurthy is considered as "the father of public sector undertakings in India" by many in India Inc. Born in the temple town of Tamil Nadu's Karuveli, he started his career as an airfield technician during the Second World War.
The number of houses that have developed cracks has now risen to 826 out of which 165 are in the "unsafe zone", a bulletin from the Disaster Management Authority said.
The preventive aspect of cancer is strengthened under comprehensive primary healthcare through the Ayushman Bharat Health and Wellness Centre scheme by the promotion of wellness activities and targeted communication at the community level.
The paper suggests the strategy needs to be area-specific eg, border tourism can be promoted aggressively in the Turtuk or Siachen sector, and Daulat Beg Oldi or Depsang plains.
A total of 800 people, belonging to 237 families, have so far been shifted to safety by the district administration
Ultimately quotas kill talent and true meritocracy, argues R Jagannathan.
The Supreme Court on Tuesday refused to give an urgent hearing to a plea of the Tamil Nadu government for setting up the Cauvery management board for implementation of the Cauvery water disputes tribunal award, saying there is "no urgency" for it.
7 key areas that the Budget must address to re-energise the infrastructure sector, suggests Vinayak Chatterjee.
The number of terror incidents in Jammu and Kashmir has shown significant decline since the abrogation of Article 370 in August 2019, the Lok Sabha was informed on Tuesday.
The Indian Institute of Technology-Bombay invites applications for its Distance Education Programme aimed at industry professionals, college faculty and eligible graduates.
When a former police constable was appointed Gujarat unit chief, everyone was surprised. Now workers are laying bets on when he will be elevated to the Union Cabinet, notes Aditi Phadnis.
In order to achieve $5 trillion GDP by FY'25, India needs to spend about $1.4 trillion over this period on infrastructure, according to the Economic Survey. During financial years 2008-17, India pumped in about $1.1 trillion on infrastructure. However, the challenge is to step up infrastructure investment substantially, the Economic Survey 2021-22 said.
As the air pollution in Delhi-NCR ameliorated over the last two days, the Centre's air quality panel Sunday directed authorities to lift the ban on plying of non-BS VI diesel light motor vehicles in the region and the entry of trucks into the capital imposed under the final stage of the Graded Response Action Plan.
The Tiger Global-backed company says the layoffs would affect all teams.
Rescue teams on Wednesday fished out the body of a student from the Beas River and intensified the hunt for 19 others missing even as a case of negligence has been registered against authorities of the Larji Hydropower project in connection with the incident.
The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.
With a 50 per cent increase in the last four years, Madhya Pradesh has the maximum number (785) of tigers in the country, followed by Karnataka (563), Uttarakhand (560), and Maharashtra (444), according to the data.
'We are receiving a steady stream of interest from well-established foreign universities.'
The NHAI says non-availability of funds from private developers and financial institutions is also responsible for major delays.
The highest salary rose by 14.22 per cent from last year.
China is expected to unveil its investments in India during President Xi Jinping's visit to New Delhi, scheduled for the third week of this month.
HR Guru Mayank Rautela offers practical advice.
The government has at last commenced important structural reforms.
The project is awaiting clearances from the DGCA.
The approval was announced by Environment Minister Greg Hunt, who said "after undertaking a thorough assessment and consideration under national environment law, I have approved the Carmichael Coal Mine and Rail Infrastructure project, subject to 36 strict conditions".
India has built two top-secret facilities in Karnataka to enrich uranium in pursuit of its hydrogen bomb dream.
In what could be termed as a major innovation in the field of male contraception, the Indian Institute of Technology-Kharagpur (IIT-KGP) has invented a unique male contraceptive that can have a continued effect for 10 years. A single 60 mg injection can be effective for at least 10 years. A single dose, which may cost the manufacturer Rs 50, is expected to be marketed at close to Rs 200.
Every crisis throws up opportunities, and one should be resilient enough to focus on the opportunities rather than let the crisis overpower you, says Aditya Mohan Jadhav.
Sundararaman Ramamurthy has been an interesting choice for the publicly-listed BSE, which has seen its chief move to bigger rival -- the National Stock Exchange (NSE) -- in July. Having spent nearly two decades at the country's largest bourse, Ramamurthy is among the early architects of NSE and understands all the cogs of the exchange wheel like only a few others in the country. Just like NSE's core team, which includes its founder RH Patil, the 59-year-old Ramamurthy has worked at the Industrial Development Bank of India (IDBI) before moving to NSE in 1995.
Unsubstantiated and illogical opinions, delivered freely from within or abroad, could not destroy the democratic nature of the country, he added.
Uttar Pradesh Chief Minister Yogi Adityanath on Thursday directed officials to speed up setting up of a commando training centre in Rampur and also form a skilled team of women commandos.