Exporters are of the view that while direct exports to Pakistan will be nearly nil this month, and in the coming few months, alternative markets can be explored for exporting tea, which was originally meant for Pakistan.
The engineering marvel defines the Kolkata skyscape.
Darjeeling is on the boil over the demand for a separate Gorkhaland state. June and July are bad months to have a strike. Tea picking during its most valuable season has been affected. Those consequences will be felt all over the world and ultimately damage Darjeeling tea.
Parts of the country are reeling under severe heat wave conditions, resulting in temperatures soaring in the 40s. In fact, Banda in Uttar Pradesh recorded the highest temperature of 47 degree Celsius on Monday. India is really feeling the heat and these images prove it...
Over hundred dead, hundreds more being treated for sun strokes. Almost 30 crore people across India are facing the brunt of the summer heat and shortage of drinking water.
Regaining the lost sheen, sales of gold jewellery and coins are set to touch pre-COVID levels in volume terms on the auspicious Dhanteras as easing pandemic concerns and pent up demand saw consumers flocking to stores to buy the precious metal. Increased footfall at stores and brisk sales online as well as relatively softer gold prices compared to record Rs 57,000 per 10 grams level in August spurred increased buying, especially light weight offerings, on Tuesday. Dhanteras is considered to be auspicious for buying precious metals and other valuable items.
West Indies' big hitting batsman Chris Gayle has backed his Twenty20 captain Darren Sammy after his emotion-filled speech following their World T20 title win at the EdenGardens in Kolkata on Sunday.
A court in New Delhi on Wednesday pulled up the police for 'apparent absurdity' in clubbing a man's complaint about alleged burning down of his house during the north-east Delhi riots last year with another one and later arresting him in the same matter -- making him both a complainant and the accused.
India's fuel demand in May slumped to its lowest in nine months as restrictions to curb the second wave of COVID infections stalled mobility and muted economic activity. Fuel demand fell 1.5 per cent to 15.1 million tonnes despite the low base of May 2020 and was down 11.3 per cent when compared to the previous month, according to data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry. India was under one of the world's strictest lockdowns in May last year, which brought all mobility and economic activity to a grinding halt.
The relaxation would be available only to those beneficiaries who have been credited with the advance for buying the cylinder but have not been able to purchase the refill.
The company, which has a subscriber base of 120 million, also plans to raise funds via a bonds issue. The company's impending 4G launch is also expected in the second half of the current financial year for which it would invest Rs 12,000 crore, partly through bonds.
Mapping all its 13 lakh employees and identifying potential quarantine facilities for each of them is part of the protocol drafted by Central Railway to insulate its staffers from Covid-19. The document, 'Rail Pariwar Dekh Rekh Muhim' (drive to take care of the railway family)' lists a series of steps to be followed by zonal railways to keep employees safe.
Here are the major events that shaped the country in the past 48 hours.
The rating agency revised the outlook for EXIM, SBI, Bank of Baroda, Bank of Baroda (New Zealand), Bank of India, Canara Bank, Punjab National Bank, ICICI Bank, Axis Bank while affirming their ratings. At the same time, Fitch has affirmed IDBI Bank Ltd's (IDBI) rating, while maintaining the outlook at negative.
Finance Minister Nirmala Sitharaman cut fuel subsidies while slapping additional fuel taxes on unblended transport fuels in the latest Union Budget. The former will hit the rural poor, households that secured a subsidised LPG connection under the Pradhan Mantri Ujjwala Yojana (PMUY), a programme that was partly instrumental in helping the Bharatiya Janata Party (BJP) win the 2019 general elections. The latter will pretty much hurt the entire population after it kicks in from October. That's what it looks like. Or, perhaps, it's not as it appears to be, at least on the subsidy front.
The district authorities' permission to Rahul Gandhi comes two days after the district magistrate and Superintendent of Police had asked him to reschedule his visit on law and order grounds.
Atletico de Kolkata gave the football-crazy city fans a night to remember in their 3-0 drubbing of Mumbai City FC as the inaugural Hero Indian Super League football tournament kicked off in spectacular fashion after a star-studded opening ceremony in Kolkata.
We want to know what you've drawn this Diwali! Send us your photographs!
Petrol price cut by Rs 1.46, diesel by Rs 1.53 per litre
Flush with liquidity, banks are eager to lend. And, therein lies the problem, warns Tamal Bandyopadhyay.
'The fiscal pressure will be there, but the intent of the government behind this move is to spur demand and growth.'
Here's a recap of events that occurred in India in the past 24 hours.
Here's a recap of the events from the past 48 hours.
India's wicket-keeper Wriddhiman Saha and middle-order batsman Rohit Sharma have made significant gains and climbed up latest ICC Test rankings for batsmen.
'He made me feel like a crorepati even without sitting in the hot seat.'
In a setback to telecom service providers, the Supreme Court on Thursday allowed the Centre's plea to recover adjusted gross revenue (AGR) of about Rs 92,000 crore from them.
ICAI intends to investigate the chartered accountants of PNB but the bank allegedly refuses to give the information sought.
The wholesale price index inflation is projected at 6.4 per cent for 2017-18.
Disgraced former Indian Premier League (IPL) commissioner Lalit Modi has slammed the BCCI chief and new ICC chairman N.Srinivasan, saying that he has a bad influence on Indian cricket.
The bigger threat for DMart is that the Reliance-Future combine now has grocery revenues that are nearly 2.5 times of it, putting pressure on the former to improve stickiness of its consumers.
Pakistan will buy sugar and cotton from India, newly appointed Finance Minister Hammad Azhar announced on Wednesday, lifting a ban on their import from the neighbouring country imposed in the wake of heightened tension over Kashmir in 2019. The decision was taken at the meeting of the economic coordination committee (ECC), which was chaired by Finance Minister Azhar.
There was a worry that such a policy would hamper businesses, create resentment among the male staff and perhaps also discourage companies from employing women. However, this has proved to be misplaced.
A recap of events that occurred in India in the past 24 hours.
The World Bank also approved $200 million for Pakistan, $100 million for Afghanistan, $7.3 million for the Maldives and $128.6 million for Sri Lanka.
Despite the failure of most e-commerce players to meet orders through the first week of the lockdown, there has been no serious crisis, thanks to supplies from 11 million small kirana and mom-and-pop stores across the country with the support of over 300,000 distributors and wholesalers.
ITC has extensively reset its strategy and will explore opportunities to craft disruptive business models to set up structural drivers helmed by digital and sustainability for its next horizon of growth and make the company future-ready, chairman Sanjiv Puri said on Wednesday. The company is pursuing an accelerated journey to build a dynamic utureTech' enterprise by investing in cutting-edge digital technologies to shape a new paradigm of competitiveness, create innovative business models and tap newer opportunities, he said while addressing shareholders at ITC's virtual annual general meeting. As part of the next horizon vision, the company is "proactively exploring inorganic opportunities" even as it has shrunk "business segments that were incongruent to our growth aspirations, such as the Lifestyle Retailing Business" while the existing growth platforms comprising megabrands will be scaled up and fortified.
A grouping of Indian and Indian-origin professionals working with tech giants like Google, Uber, Amazon and Facebook have written an open letter against the new religion-based citizenship law and the planned national register of citizens, terming them as "fascist". The letter by 'TechAgainstFascism' on online publishing platform Medium also urged the leaders to refuse to shut off the Internet at the "government's whim" and to ensure that content moderation is not skewing pro-government.
If more commodities which have seen a sharp rise in MSP are to be procured, such as pulses, oilseed and cereals, there could be a storage problem. Also, if state-owned Cotton Corporation of India joins in, this problem will aggravate.
Ten images that show it's an odd, odd world we live in.
Revenue soared 6.2 per cent to Rs 20,602.2 crore for the three months ended March 31, 2019.
