The wholesale price-based inflation spiked to 12.54 per cent in October, mainly due to rise in prices of manufactured products and crude petroleum. WPI inflation has remained in double digit for the seventh consecutive month beginning April. Inflation in September this year was at 10.66 per cent, while in October 2020 it was at 1.31 per cent.
The South African authorities said the detected cases and percentage of people testing positive are both increasing quickly, particularly in particularly in most populated province of Gauteng, North West and Limpopo regions of the country.
Domestic air passenger volume spiked 70.46 per cent in October to 89.85 lakh over the same month of 2020, DGCA data showed on Thursday. The Indian carriers had flown 52.71 lakh passengers in October last year. It may be recalled that domestic traffic along with international flight services remained shut for two months until May 25, 2020, when scheduled air services were resumed in a graded manner.
An article on 'State of the Economy' in the monthly Bulletin also said the improvement in the outlook for agriculture and the revival of rural spending have turned out to be the bright spots in the evolution of demand conditions. Consumer price inflation ticked up in June 2024 after three consecutive months of moderation as a broad flare-up in vegetable prices halted the overall disinflation that had been underway, it said.
Neeraj Chopra will return to competitive action at the Paavo Nurmi Games in Turku, Finland, on Tuesday against a stellar field.
Several investors wanting to invest in mutual fund schemes, amid the selloff in the market on Tuesday, were left in the lurch as online MF investment platforms failed to execute the transactions on time.
As March draws to a close, two consecutive long weekend opportunities - Holi and Good Friday - are driving up hotel occupancy and airfares across major routes. According to travel platform Cleartrip, hotel bookings have seen a 3.5 times spike for the Holi weekend, while a 3.7 times spike has been visible in the Good Friday weekend.
Three big cities in the country -- Delhi, Mumbai and Bengaluru -- witnessed huge spike in daily COVID-19 cases on Wednesday even as Delhi health minister Satyendar Jain claimed hospital admissions have stabilised indicating the current coronavirus wave peaked and cases may start declining soon.
The chief adviser alleged elections held under Hasina's regime were "rigged blatantly and generations of young people grew up without exercising their voting rights."
The dead were identified as belonging to Punjab province. No group has claimed responsibility for the attack so far.
The spike in the country's financial capital has got pronounced since December 20, when just 283 cases were reported. Tuesday had witnessed 1,377 cases in the metropolis, and Wednesday's figure was a jump by over 80 per cent, he pointed out.
'We cannot endanger our national security by indulging in false bravado, fake narratives and high-decibel whitewashing. As a nation, we have to collectively fight the scourge of cross-border terrorism'
With COVID-19 cases and the positivity rate rising in Delhi, the district officials have started forming teams to strictly enforce the mask mandate and issue a fine of Rs 500 to violators, officials said.
The death toll due to the viral disease has climbed to 5,31,300 with 42 more fatalities, including 10 reconciled by Kerala, according to the ministry's data updated at 8 am.
The MF investor count, which stood at around 38 million in April 2023, has surged by 19 per cent in the past year.
Fitch Ratings on Tuesday raised India's growth forecast for the current fiscal to 7.2 per cent, from 7 per cent projected in March, saying elevated consumer confidence will drive spending, besides increased investments. In June update to its global economic outlook report, Fitch said it expects inflation to decline to 4.5 per cent by end of this year and RBI to cut policy interest rates by 25 basis points to 6.25 per cent.
Long-term macro trends indicate growth in demand for air travel. Trends from the ticketing website MakeMyTrip indicate a likely annual growth of between 11-17 per cent in Indian air travel demand over FY24-30. Through that period, InterGlobe Aviation or IndiGo may continue to make gains in market share in both domestic and international travel, aided by large fleet additions. IndiGo is the largest global customer of Airbus by far with 950 aircraft orders outstanding.
The Centre and the states need to continue working in collaborative spirit as was done during the previous surges for COVID-19 prevention and management, Mandaviya said.
Since 2008, the Bureau of Energy Efficiency is running a star rating programme, under which electric equipment are rated according to their efficiency. This in turn helps the consumers save electricity.
From hitting massive sixes, to scoring tons of runs, to producing breakthroughs, charismatic all-rounder Sunil Narine has been KKRs' go-to man for more than a decade in the IPL, and co-owner Shah Rukh Khan was effusive in his praise for the all-rounder, calling him the "Superman" and the real energy behind the team's success.
At least 22 more people succumbed to the infection, raising the toll in the state to 10,480.
Neeraj Chopra's broad shoulders will carry a weight of massive expectations
The first quarter results (Q1FY25) of Indian IT services hint towards better fiscal growth than the preceding year, but as the management commentary said, "there is still some time for the industry to be firing on all cylinders." Among the majors-Tata Consultancy Services (TCS), Infosys, HCLTech, and Wipro-it is the Bengaluru-based Infosys that has performed better, which was also evident in its full-year revenue guidance.
The Mumbai police, who are on toes in view of the intelligence inputs about a possible terror attack by Khalistani elements, on Friday appealed to citizens to remain indoors and avoid New Year parties.
The state had reported 6,421 cases this year, of which 6,146 were reported only in September, three times the 1,896 registered in September last year.
Chopra had claimed the silver at this event in 2022.
Smartphones have been a key success story of the government's production-linked incentive scheme, helping India become the second-largest mobile phone manufacturing country, after China.
'It is advisable to stay away from the markets for now and buy only on a dip.'
With the fight now having been taken to the seizure of nuclear plants, it is one more warning to Europe that this prolonged war could end up with disastrous consequences, observes Rashme Sehgal
According to the latest health department bulletin, the positivity rate has also jumped to 9.55 per cent, amid the festive season and the rise in pollution level.
A prominent Indian diaspora body has urged various agencies of the US government, universities and student associations to work towards addressing the spike in the deaths of Indian-origin students in the US in recent months.
'The nominal GDP growth assumption for FY25 may be revised upwards on higher growth expectations.'
Apart from the human body, human food will bear direct repercussions. From staples such as wheat, to coffee, dairy, and even the great Hilsa face the threat of reduced supply due to the extreme heat.
Consumer-focused companies have been left with few options but to increase the prices of their products as input costs mount because of various factors, including supply chain disruptions. This has been affecting monthly household budgets. Prices of scores of items -- from spices to soaps to rice -- have increased in the past year.
Olympics is a high-stakes and high-pressure situation and anything can happen. Guessing a medal on the basis of statistics is difficult, says Neeraj Chopra's coach Klaus Bartonietz.
Wholesale price-based inflation rose to a record high of 15.88 per cent in May on rising prices of food items and crude oil. The Wholesale Price Index-based inflation was 15.08 per cent in April and 13.11 per cent in May last year. "The high rate of inflation in May, 2022 is primarily due to rise in prices of mineral oils, crude petroleum & natural gas, food articles, basic metals, non-food articles, chemicals & chemical products and food products etc. as compared to the corresponding month of the previous year," the commerce and industry ministry said in a statement.
In preparation for IPL 2024, during a nets session on Thursday, February 8, 2024, the Chennai Super Kings captain was seen using a bat bearing the logo of a new brand.
Tamil Nadu Health Minister Ma Subramanian on Wednesday attributed the mushrooming of COVID-19 clusters in the state and spike in cases in the city to students coming from other states, particularly North.
The spike in volatility, amid election uncertainty, has done little to dent the confidence of retail investors, shows demat account addition and equity mutual fund (MF) investment data. In May, investors opened a net 3.6 million demat accounts, taking the total to 158 million. MF data released on Monday pegged the net inflows into equity schemes and SIP investments at new record highs of Rs 34,697 crore and Rs 20,904 crore, respectively.
Long-term investors should never stop their SIPs during market corrections.
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