The Indian economy continues to sustain the momentum achieved in the first half of 2023-24 and expectations of a fresh round of capex by the corporate sector is likely to fuel the next leg of growth, the Reserve Bank Bulletin said on Tuesday. "The likelihood of the global economy exhibiting stronger than expected growth in 2024 has brightened in recent months, with risks broadly balanced," said an article on 'State of the Economy' published in the bulletin.
Ten states including Maharashtra, Chhattisgarh, Karnataka, Uttar Pradesh, Delhi, Madhya Pradesh, Tamil Nadu, Gujarat, Kerala and Punjab have shown a steep rise in the daily COVID-19 cases accounting for 84.21 per cent of the 1,26,789 new infections, the health ministry said on Thursday.
The central government's fiscal deficit during 2023-24 at 5.6 per cent of the GDP was better than previous estimates of 5.8 per cent on account of higher revenue realisation and lower expenditure, according to official data released on Friday. In actual terms, the fiscal deficit -- or gap between expenditure and revenue -- was Rs 16.53 lakh crore, or 5.63 per cent of the GDP, which grew 8.2 per cent in 2023-24.
External Affairs Ministry spokesperson Randhir Jaiswal said India is closely monitoring the security situation in that country.
With the fiscal deficit target staring at the government, the FY25 Budget has limited expenditure options, points out A K Bhattacharya.
The second highest number of coronavirus cases in the country. The worst mortality rate among states. A none too impressive recovery rate. Surely this doesn't speak highly of the famed Gujarat model, so what went wrong?
The Mungeshpur weather station recorded a high of 48.8 degrees Celsius, eight notches above the normal. It recorded a minimum temperature of 27.6 degrees Celsius, a notch above the season's average.
Union Health Minister Mansukh Mandaviya will visit AIIMS, Jhajjar on April 10 to oversee the mock drill, officials said on Sunday.
The heat index in major metro cities in the country has majorly risen since 2010 compared to a decade earlier.
On World Cup game days, many Brazilians get time off work to pack into bars and restaurants or gather for home barbecues to watch the games, rooting for a national team seeking its sixth world champion title in Qatar.
'In the short term you keep your return expectations very, very low; in the medium term be prepared to invest and in the long term growth will come and your returns from stocks will be high.'
While banks are not as exposed as the corporate sector during the initial stage of the pandemic, the strain on lenders could ultimately be profound. Banks face a second-order hit compared with the corporate and household sectors.
Amid a gradual rise in daily Covid-19 cases, the Union health ministry said on Thursday that the XBB.1.16 subvariant of Omicron might be the dominant virus strain in the country but there has been no reported increase in the rate of hospitalisation or death so far.
Despite these rare occurrences, the pharmaceutical company maintains that extensive clinical trial data and real-world evidence consistently support the vaccine's safety and efficacy.
For all the livelong years it has been around, beer has been associated with leisure and relaxation. Of late, it has become more than just a beverage. Both amateurs and aficionados prefer an uncorked chilled beer to unwind on a sweltering hot day. As the temperature rises, the breweries gear up to capitalise on this growing trend.
'I am not against technology in the game. But if it brings doubt and confusion, it is not acceptable. Some decisions were not understandable. The ball hitting the stumps is always out. I will never understand why there is an umpire's call.'
Usman Khawaja suffered a setback after his appeal against the sanction imposed on him for wearing a black armband during the opening Test against Pakistan was rejected by ICC.
The minister will review the COVID-19 situation at 11:30 am on Wednesday 'considering the international scenario', they said.
'Sell in May, go away' is a popular market adage. But 'Don't sell any new shares in May' is the best kept secret of Dalal Street that's set to break. Sample this: the last four General Election election cycles starting 2004 have not seen a single initial public offering (IPO) launch during the month of May.
The death toll increased to 1,62,927 with 459 daily new fatalities, the highest in around 116 days.
rediffGURU Komal Jethmalani offers expert advice on how to alter your diet and lifestyle so that you can remain healthy.
'In my 20 years, I have never seen such high rates.'
Bharatiya Janata Party leader Sonali Phogat was drugged at a party by her two associates who have been now named as accused in the case related to her 'murder', Goa Police said on Friday.
The climate for 'doing business' remains forbidding, taxtortion is still rife, corruption at state and district levels has increased, oil prices remain extortive with high taxation, and the continued red tape has kept the enterprise system as stifled as before, points out Debashis Basu.
The states were requested to take a stock of hospital preparedness such as availability of drugs and medical oxygen, vaccination coverage against COVID-19 and influenza.
Higher growth in vegetable demand relative to supply in the recent past has led to an upward trend in inflation, with spikes becoming more frequent. A study by rating agency Crisil found that vegetable inflation has been the most volatile in the food category, in fact. Inflation volatility is detrimental for both consumers and farmers and also sidetracks policymakers in the short term, necessitating frequent and repeated price-smoothing measures.
'Ideally, one should not time SIPs.' 'If people churn their SIP portfolios, then they are equating the concept of SIPs to lump sums.'
Closely watched by the world for any escalation, the Iran-Israel conflict is already showing early signs of stress for India Inc - longer deliveries, doubling freight rates, extended working capital cycles, and higher costs. For those yet to feel the heat, there is growing apprehension and nervousness over future developments, observed industry executives.
Delhi Chief Minister Arvind Kejriwal was administered a 'low dose' of insulin after his blood sugar level spiked, officials of Tihar jail said on Tuesday, with the Aam Aadmi Party commenting that it was because of the blessings of Lord Hanuman.
Northwest, central and east India are predicted to record maximum temperatures three to five degrees above normal over the next five days, the India meteorological department (IMD) said on Thursday.
After taking an expected start, it grew over the first weekend and consolidated well during the weekdays.
India currently does not have any XBB 1.5 variant-based vaccines available.
The mutual fund (MF) gross inflows through the systematic investment plan (SIP) route topped the Rs 20,000 crore mark for the first time in a calendar month as investors opened a record 6.4 million SIP accounts despite a spike in market volatility. The number of accounts opened last month was almost 50 per cent higher than the registrations seen in March. "India's MF industry has reached yet another milestone with the SIP book crossing above Rs 20,000 crore in April 2024.
To ensure immediate cooling of the body, the hospital has set up a first-of-its-kind heatstroke unit.
As India's electricity demand soars, the power ministry on Tuesday reviewed the power supply situation to ensure 'zero load shedding' during the summer months. The ministry has drafted plans ranging from delaying planned maintenance of thermal power stations to mandatory operations of imported coal-based and gas-based stations till September. In a series of meetings with industry stakeholders, Union Minister for Power, New, and Renewable Energy R K Singh emphasised the importance of adequate planning to avoid situations where one state has surplus power while another state faces shortages.
The number of dematerialised (demat) accounts required to hold shares and other securities in electronic format rose by 3.1 million in April, bringing the total tally to a fresh record of 154.5 million. Since December last year, the new additions have consistently remained above the 3 trillion mark, a sign that the stock markets continue to attract new investors despite a spike in volatility.
The situation in the district worsened on Friday with the flames reaching the high court colony in the Pines area.
Wholesale price-based inflation rose to an eight-month high of 0.26 per cent in November, driven by a sharp jump in food prices, especially onion and vegetables. The WPI inflation was in the negative or deflationary zone for the past seven months since April and was at (-)0.52 per cent in October. The last positive WPI inflation was recorded in March at 1.41 per cent.
Regular, uncontrolled consumption of sugar can raise blood pressure, increase inflammation and contribute to obesity, all of which strain the heart, warns Dr Anu Gaikwad.
Larger hospitals are not worried about a spike in cases, as they are now accustomed to converting ICUs and general wards into negative pressure zones or isolation rooms. For smaller hospitals, the task is tedious.
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