Falling incomes and longer winter to translate into lower demand for at least some months.
Two-wheeler prices are likely to rise by 10-25 per cent on account of higher premiums on insurance and commodity prices, mandatory safety regulations and BS-VI emissions that kick in from April 1, 2020.
The biggest gainers in the Sensex pack in Friday's session were Yes Bank, Bharti Airtel, Tata Motors, Vedanta, SBI and Axis Bank, spurting up to 3.05 per cent. The losers included HCL Tech, TCS, Infosys, Hero MotoCorp, IndusInd Bank and Sun Pharma, falling up to 1.55 per cent.
The duo bought additional shares in pharmaceutical companies Lupin and Jubilant Life Sciences, along with Agro Tech Foods and NCC during Q2FY21
Finance Minister Nirmala Sitharaman on Monday presented the Budget for 2021-22 in the Lok Sabha that is expected to provide relief to the pandemic-hit common man as well as focus more on driving economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours, As India emerges from the COVID-19 crisis, the ninth Budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.
On the situation in the Kashmir Valley, the army officials highlighted Wednesday evening's incident when a son of a prominent eatery owner was shot and critically wounded by terrorists at his shop in a high-security area of the city.
Through the past 18-month period, peace has prevailed in the disputed border regions, which was immensely helpful in the difficult situation that the country was passing through, observes Ambassador M K Bhadrakumar.
The two media groups have been critical of the Covid-19 management in the country and have done numerous news stories on the subject during the second wave of the pandemic that hit the country between April and May.
On the 30-share index, Maruti was the biggest loser, shedding 3.60 per cent. Other major laggards were Yes Bank, IndusInd Bank, Tata Steel, Hero MotoCorp and NTPC -- ending up to 2.33 per cent lower.
Investor wealth on Wednesday diminished by Rs 1.84 lakh crore amid massive sell-off in the equity market.
Besides, a sharp 8% decline in Chinese stocks added to the sell-off in domestic equities
Suppliers to Apple Inc are scrambling to get enough screens ready for the new iPhone 6 smartphone as the need to redesign a key component disrupted panel production ahead of next month's expected launch, supply chain sources said.
Tata Sons stake in the group's listed companies is now worth Rs 9.28 trillion, up 34.4 per cent on a year-on-year (YoY) basis. In comparison, the Government of India's stake in listed central public sector undertakings (PSUs) is currently valued at Rs 9.24 trillion
The mid- and small-cap indices had a dream run between January 2017 and January 2018 - zooming 48 per cent and 56 per cent, respectively.
The panel producers did not receive Apple's certification, as they were given strict power-saving requirements.
The fall was led by L&T, IndusInd Bank, PowerGrid, NTPC, TCS, ICICI Bank, Axis Bank, Hero MotoCorp, Bharti Airtel and SBI, declining up to 2.64 per cent.
Auto firms are likely to perform better in coming months.
On a net basis, foreign portfolio investors bought Rs 446 crore worth of domestic stocks on Thursday and domestic institutional investors (DIIs) were net buyers to the tune of Rs 49.68 crore, provisional data available with BSE suggested.
Subedar Fateh Singh, a 51-year-old Army man who lost his life during combing operations at the Indian Air Force base near Punjab's Pathankot town on Saturday, had won a gold and a silver medal at the first Commonwealth Shooting Championships held in Delhi in 1995.
While many Americans view growing Chinese and Indian economies as a threat to their jobs, major US firms have reported a sharp rise in earnings, mainly due to their foreign operations.
Among the Sensex losers, Yes Bank tumbled 5.46 per cent, followed by Bajaj Finance 5.40, ICICI Bank 3.82 per cent, IndusInd Bank 3.10 per cent and HeromotoCorp 2.55 per cent.
This is the first visit by diplomats to the newly carved out UT.
Power Minster R K Singh said, "The power supply ramp down and ramp up -- they (officials) handled very smoothly, and I along with my senior officials -- power secretary, POSCO CMD -- were personally monitoring the situation from National Monitoring Centre in the ministry. I congratulate all the engineers of NLDC, RLDC and SLDCs for handling the situation very efficiently especially in huge response to the Prime Minister's call".
The biggest worry is not the shrinking of the labour market, but the collapse of good jobs.
A 9-minute lights-out by most of households on Sunday evening can potentially collapse the grid due to sudden drop and then a quick surge after the event. But to manage the dramatic changes in electricity and its impact on the grid, the government has drawn an elaborate plan to manage it.
The Wednesday talks took place amid a war of words between the two sides on perception of the LAC, the de-facto Sino-India border spanning a length of nearly 3,500 km.
Auto stocks led the rally with Tata Motors, Hero MotoCorp and Maruti Suzuki leading the gains.
Given Prime Minister Modi's emphasis on "sharp(ening) coordination" rather than "joint command", analysts are guessing that a four-star permanent chairman of the chiefs of staff committee is likely, with the title of CDS, if not the functions and five-star rank, reports Ajai Shukla. Ajai Shukla reports.
The Sensex gained 7,430.37 points, or 27.91 per cent, this year.
Data issued by Siam shows sale of PVs (cars, vans and utility vehicles) grew 14.3 per cent to 275,417 vehicles.
Gen Rawat will be able to serve as CDS for a period of up to three years after the government amended the rules extending the age of retirement to 65 years.
Air Vice Marshal Arjun Subramaniam lists the major operational takeaways from the 1971 War in his new book 'India's Wars, A Military History, 1947-1971'.
ONGC is raising debt for a spate of acquisitions over the past year
Sun Pharma was the biggest loser among Sensex components, plunging 3.94 per cent, followed by Tata Steel falling 3.12 per cent.
A senior officer confirmed that the Indian soldiers fought valiantly and with tremendous grit "till the last", even to the extent that half of them died in battle, reveals David Devadas.
With this increase, diesel prices have touched a record high while petrol is at a 56-month peak.
The hectic buying by domestic institutions, as also by some top-shot brokers in their proprietary accounts, was in sharp contrast to heavy selling of stocks by foreign portfolio investors
Narrowing of differences on competing territorial claims along the un-demarcated LAC might take weeks, if not months, of hard-nosed negotiations. Without some give and take on both sides, the impasse will be hard to resolve, observes Virendra Kapoor.
The S&P BSE Midcap and S&P BSE Smallcap indices hit a new lifetime high
While two-wheeler sales declined 22 per cent, two other segments, bigger in value while being lower in volume, were much less impacted.
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