Retail inflation fell to a five-month low of 4.35 per cent in September from 7.27 per cent in the year-ago period as prices of vegetables and other items declined, according to government data released on Tuesday. The moderation in Consumer Price Index-based inflation is in line with the assessment of Reserve Bank Governor Shaktikanta Das who recently projected substantial softening of retail inflation. The CPI inflation was at 5.3 per cent in August and at 7.27 per cent in September 2020.
Embattled retailer Future Retail Ltd (FRL) on Tuesday moved the Supreme Court to avert insolvency proceedings over missing a loan repayment deadline, even as its independent directors rejected an Amazon-supported offer to sell the company businesses at less than a third of what Mukesh Ambani's Reliance is offering. India's second-largest retailer, which operates multi-brand retail chains such as Big Bazaar, Easyday and Heritage, failed to pay Rs 3,494.56 crore to lenders by the due date of December-end and sought a 30-day grace period to resolve the situation. Unable to find money, it moved the apex court seeking to restrain its lenders from declaring the company a defaulter, which can invite initiation of insolvency proceedings.
'Pakistan has worsted India in the Afghan proxy war and the defeat becomes a template of regional politics,' points out Ambassador M K Bhadrakumar.
The declining trade deficit figures clearly reflect that the US exports to India are increasing.
Single-screen cinema halls are likely to be allowed with strict social distancing norms.
The Indian Council of Medical Research will start national-level sero surveys to assess the spread of Covid-19 and all states/Union territories should also be encouraged to conduct them so that information from all geographies can be collected, the Union health ministry said on Friday.
Tibetan refugees in India face a bleak future, says Greg C Bruno.
'India was fortunate to have a late entry into the pandemic; even the first wave entered India 2-3 months after many other countries experienced it.' 'Similarly, the second wave reached here after other countries went through it.' 'Despite having seen what other countries faced, we didn't ramp up our infrastructure sufficiently enough.' 'We remained highly under prepared.'
A proud Virat Kohli rated his team's bowling performance in the fourth Test among the top-three during his captaincy stint, extolling his players' strong character as India scored a superb 157-run victory over England after conceding a huge 99-run lead.
Toyota had announced a global recall of 65 lakh vehicles to rectify a power window glitch, which could lead to fire risk.
In an interaction with Viveat Susan Pinto, Thomas Lutz, head of the consumer and retail practice at The Boston Consulting Group. highlights some of the top consumer trends in India and the way forward for companies.
'Will it lead to a full-scale war? I doubt it.' 'But I do think there will be some kind of limited conflict.'
Malik said that some ministers have been talking about taking back PoK from Pakistan by force.
The Union health ministry on Friday said while there is no evidence to suggest that existing vaccines do not work on the Omicron variant of SARS-CoV-2, some of the mutations reported may decrease the efficacy of the jabs.
Nepal plunged into a political crisis last Sunday after Oli, known for his pro-Beijing leanings, in a surprise move, recommended dissolving the 275-member House, amidst a tussle for power with former prime minister Pushpa Kamal Dahal 'Prachanda'.
India's national security strategy needs to be revised periodically since the global and regional geopolitical situation is dynamic, points out Commodore Venugopal Menon (retd).
Prime Minister Modi felt there were too many silos with no arrangement to take a comprehensive view on national security. The PM has entrusted NSA Ajit Doval to evolve a comprehensive roadmap and get it implemented, reveals Nitin Gokhale, Editor-in-Chief, Strategic News International.
Over the last four days, the Indian arm of US pharmaceutical giant Pfizer, Pune-based Serum Institute of India and Hyderabad-based pharmaceutical firm Bharat Biotech have applied to the Drugs Controller General of India seeking emergency use authorisation for their COVID-19 vaccines.
BCCI president and former India captain Sourav Ganguly on Tuesday revealed that he underwent as many as 22 COVID-19 tests in the past four and a half months while trying to navigate his professional commitments amid the raging pandemic.
At war, the Jalashwa can carry and launch a full infantry battalion in a single wave. At peace, the Jalashwa can evacuate 1,000 people in a single trip. Ajai Shukla explains why the Indian Navy's new tender for more ships like the Jalashwa must be treated with special urgency.
A total of 37 deaths were reported since Thursday evening of which 14 fatalities were reported from Maharashtra, nine from Gujarat, three from Uttar Pradesh, two each from Andhra Pradesh, Delhi, Madhya Pradesh,Tamil Nadu and Telengana and one from Karnataka, ministry data stated.
Former India opener Gautam Gambhir said the communication gap between the Indian team management and selectors on Rohit Sharma's injury was 'unfortunate' and the onus was on head coach Ravi Shastri to update skipper Virat Kohli on the matter.
India Inc needs to tighten norms against sexual harassment at work.
Cricket Australia said on Sunday they are still planning to play the third Test against India in Sydney in early January, despite an outbreak of COVID-19 in the north of the city.
'He is getting better and a player like him is probably just one game away from getting his natural way and we have seen it in the past. If I have to put everything together, I am confident of his ability and there is no doubt he will be a valuable asset.'
Against the backdrop of the standoff between Indian and Chinese troops in eastern Ladakh, the White House press secy said the United States was closely monitoring the current situation and supports its peaceful resolution.
'Economic issues do not matter during elections; it is the emotional connect that helps swing votes.'
The study showed that 50 per cent of households have reduced the number of meals ever since the lockdown was imposed
India has the fourth highest number of malaria cases in the world.
"The target is 2022. It is absolutely on target. I mentioned earlier. Except for one or two aircraft, minor delays because of COVID related issues, but, in fact, some deliveries have been ahead of time. So, broadly, we are absolutely on target on the Rafale induction plan," he said.
Concerned by fresh protests, Pakistan government has decided to send a security team to assess the situation in India before taking a final call on the team's participation in the upcoming T20 World Cup.
Prime Minister Narendra Modi took stock of the damage caused by the earthquake in eastern India and has spoken to the chief ministers of Bihar, Assam and Sikkim, government sources said.
The guidelines note that while there is not enough evidence yet to measure the impact of school closures on the disease transmission rates, the adverse effects of school closures on children's safety and learning are well documented. Gains made in increasing access to children's education in recent decades risk being lost and, in the worse cases, reversed completely.
The results of the board exams will be announced by July 15.
The visit of the MEPs to Kashmir was not ceding of ground on Kashmir, the MEA said.
There has been speculation within Formula One that Lawrence Stroll, the billionaire father of Canadian driver Lance, is willing to invest in Force India as part of a move for his son from Williams.
'Given the present force levels, India cannot fight and win.' 'India can't hope to terminate the conflict on India's terms and impose the nation's will upon the adversaries,' says Brigadier Gurmeet Kanwal (retd).
If a salaried employee does not possess Form 16, he can still file the I-T Return with the help of his salary slips and Form 26 AS.
PCB CEO Wasim Khan told the media that he and Chairman Ehsan Mani would be meeting with Misbah very soon to discuss his performance.
The two firefighters had gone missing after the well caught fire on Tuesday and their bodies were recovered by a National Disaster Relief Force team on Wednesday morning, said Oil India Spokesperson Tridiv Hazarika.
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