Dabur India's stock has fallen over 17 per cent since the start of the Iran war, driven by concerns over a weak monsoon, the West Asian crisis, and rising input costs, which are expected to impact the company's revenues and margins, particularly affecting its significant rural sales and international markets.
India's consumption stocks, which have outperformed the broader market, are now facing significant pressure due to a gradual rise in fuel prices and the potential for higher inflation. Analysts warn that companies may be forced to pass on increased input costs to consumers, potentially hurting demand across both staples and discretionary categories, with a looming threat of deficient monsoon rainfall further exacerbating inflationary concerns.
Andhra Pradesh police have dismantled a honey-trap extortion racket in Anantapur, arresting five individuals for allegedly using threats and coercion to extort money from victims.
This election is different. It is no longer simply about governance or welfare. It is about identity, fear, and who belongs. The BJP has successfully shifted the terms of the debate from what the government has delivered to who the real Bengali is and who is an outsider, points out Ramesh Menon.
The cost of the war is being counted not in the corridors of power in Washington or Tehran, but in Firozabad's darkened furnace rooms, Howrah's idle casting sheds, and a barbershop in Kochi where the wait is suddenly, inexplicably, an hour long, notes Prem Panicker in his must read blog on the Iran War.
This is the second-worst performance by the pack during this period over the last five years since CY20.
The BJP-led government's decision to grant Kunbi status to individuals from the Maratha community has opened a Pandora's box.
'There is no immediate threat to the government, and they would prefer the growth agenda.'
'Other sectors that manage the savings pools of Indians are giving tough competition to life insurance companies.'
India's e-commerce market alone is projected to reach $200 billion by 2026, making it a prime industry for ambitious entrepreneurs, explains rediffGURU Harsh Bharwani.
Looking under the hood, I see India on the terrible, but commonplace, road to prosperity failure, warns Rathin Roy.
The Supreme Court of India has directed all high courts, state governments, and union territories to ensure the availability of separate toilet facilities for men, women, persons with disabilities (PwDs), and transgender persons in all court premises and tribunals across the country. The court stressed the importance of public health and the right to privacy, stating that adequate public toilets protect women and transgender persons. The court also expressed concern about the condition of public toilets near toll plazas on national highways and emphasized the need for proper sanitation facilities in court premises for judges, advocates, litigants, and staff members. This decision highlights the importance of access to basic amenities in ensuring a fair and dignified justice system.
It has raised rural consumption, created new markets and shored up growth when investment falters.
Citing violation of party discipline, the state BJP has issued a showcause notice to Munirathna and asked him to clarify the allegations before a disciplinary committee within five days.
'No political party can antagonise Ambedkarite voters, particularly the neo-Buddhists.'
'In the new coalition government, India's reform agenda may prioritise job creation and factor market reforms.'
Activist Manoj Jarange on Wednesday claimed that Maratha leaders earlier did not support quota for the community and there was also pressure from OBC leaders on the government for 30-40 years to not give reservation to Marathas.
The Supreme Court on Monday stayed criminal proceedings against Karnataka Chief Minister Siddaramaiah and others in connection with a protest march held in the state in 2022.
In a scathing attack on Prime Minister Narendra Modi, former prime minister Manmohan Singh on Thursday accused him of lowering the dignity of public discourse and the gravity of the office of the PM by giving "hateful speeches" during the poll campaign.
In private, questions are being raised about the wisdom of a 'dual-SIM' leadership during the long run-up to the 2026 assembly polls where 'family rule' could become an election issue, reports N Sathiya Moorthy.
India's GDP expanded 13.5 per cent in the April-June quarter, the quickest pace in a year, to retain the world's fastest growing economy tag but rising interest costs and the looming threat of a recession in major world economies could slow the momentum in the coming quarters.
Predictions of below normal monsoon rains have poured cold water on the bullish growth plans of fast-moving consumer goods companies, which have continued to show robust growth of 17-18 per cent in the face of rising input costs and the economic downturn.
Former Rajasthan minister Rajendra Singh Gudha claimed that Congress leaders dragged him out of the state assembly on Monday.
'Government's focus should be on the expenditure side in this Budget, not so much on the taxation side.'
Prime Minister Narendra Modi's move to get reservation for women in legislatures promises to shape the political discourse ahead of key state polls and Lok Sabha elections, and a parliamentary approval to the long-contested proposal will be used by the Bharatiya Janata Party to burnish his credentials as a decisive leader.
We should work in unison to boost growth: FM
Globally, jewellery buying fell 14%, investment slid 11%.
'The opposition parties didn't want voting as it would have exposed the cracks in their alliance. They ran away from the House'
The strike notices were given by workers' unions of various sectors such as coal, steel, oil, telecom, postal, income tax, copper, banks and insurance.
The MCA stadium at Gahunje in Pune will host the remaining six 'home' matches of IPL franchise Chennai Super Kings (CSK) after these were shifted from the southern city following protests over the Cauvery water-sharing issue in the Tamil Nadu capital.
'Given the possibility that our unstable northern and western borders may become 'live' at short notice, any major systemic change which impacts combat effectiveness should be brought about in a cautious and progressive manner.'
'A threatened people should not be forcibly held in a place where their lives may be at risk.'
India has much to be proud of and celebrate. But there is also much that is wrong, much that looks dangerous. Employment, current account deficit, rural distress, agricultural productivity are all in deep crisis, points out Shekhar Gupta.
Major automakers, including Maruti Suzuki, Hyundai, Tata Motors, Mahindra & Mahindra, Kia, Toyota and Honda, on Thursday reported healthy growth in passenger vehicles sales in June, recovering from the disruptions induced by the second wave of COVID-19. The country's largest carmaker Maruti Suzuki India (MSI) posted total sales of 1,47,368 units in June, up from 46,555 units in May. Its domestic dispatches to dealers last month stood at 130,348 units, up from 35,293 units in May, as easing of COVID-related restrictions helped the auto major to dispatch more units to dealerships.
For Afghans in India, including medical tourists from the war-torn country as well as migrants and refugees staying here much longer, the safety of friends and families is the biggest concern - particularly for those linked to the now collapsed government or who have had work ties with the US.
'The answer for a quicker boost to growth is simple -- run a much larger deficit, use the resulting public resources to ensure adequate price support for agriculture, subsidise wage costs of MSMEs and accelerate public sector construction-intensive activities,' advises Nitin Desai.
A second wave of Covid driven by the Delta variant engulfed the country in May-June bringing the health system to its knees and leaving people gasping for help.
Colombo seems to be veering to the middle path between China and the US on global matters, but in regional matters of strategic security, it is increasingly identifying with India, points out N Sathiya Moorthy.
Somaiya had on Sunday claimed he was barred from entering Kolhapur with the district authorities citing law and order as well as security concerns following his allegations of corruption against Maharashtra Rural Development Minister Hasan Mushrif.
This assurance was given by home minister Amit Shah to a delegation of sarpanch and panch from Jammu and Kashmir who met him on Tuesday.
