Big, listed FMCG (fast-moving consumer goods) companies such as Hindustan Unilever, ITC, Nestl, and Britannia have been top-performing stocks on the bourses in recent weeks. The Nifty FMCG index, which tracks the share prices of the country's top 15 listed FMCG companies, is up 1.9 per cent month-to-date in May compared to a 2.4 per cent decline in the benchmark Nifty 50 in the period.
Stories are legion about the Karatmeter's use at that time. Hundreds of people standing in queue for testing, customers breaking down after discovering the actual purity of their jewellery and then becoming irate about the jeweller who had gypped them, the local jewellery industry leaning heavily on the Tanishq franchisees to desist from using it, some jewellers even threatening violent action.
The Central Consumer Protection Authority (CCPA) on Wednesday said it has imposed a penalty of Rs 1 lakh on e-commerce firm Flipkart for allowing sale of substandard domestic pressure cookers on its platform, in violation of mandatory standards. Headed by Chief Commissioner Nidhi Khare, the CCPA has directed Flipkart to recall all such 598 pressure cookers sold on its platform, reimburse their buyers, and submit a compliance report within 45 days. The central government routinely notifies the Quality Control Orders (QCOs), specifying compulsory conformity to a standard and use of the standard mark for a product to protect consumers from the risk of suffering injury and harm and in the interest of the public at large.
A bench of Justices Manmohan and Sanjeev Narula said private unaided schools 'shall be entitled to claim reimbursement of reasonable cost for procurement of the equipment and internet package from the State under the Right to Education (RTE) Act, 2009, even though the State is not providing the same to its students'.
'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'
In the wake of the sharp downturn in the valuations of mortgage-backed securities last year, financial firms justified their investment in these non-transparent instruments on the triple ratings accorded to them.
In the biggest surprise of the night, Emma Stone grabbed the Best Actress trophy for the complex portrayal of a Frankenstein-like character Bella, in Yargos Lanthimos' electrifying and most original film Poor Things. Aseem Chhabra recaps the 96th Annual Academy Awards.
Each bottle of pickle that leaves FarmDidi, headed to a consumer, has a little kahani behind it -- it's linked to the tale of a life, the life of a simple, striving village woman who created it, and that's what gives Manjari Sharma satisfaction and happiness.
Arun Lal's "very poor pitch" comment on the opening day drew a sharp rebuttal from the Saurashtra Cricket Association on Wednesday after its curator, Mahendra Rajdev, said the Bengal coach erred in his judgement by jumping the gun in the ongoing Ranji Trophy final in Rajkot.
Are faulty design, hurried construction and private ownership to be blamed for the incidents of airport roofs crashing?
The government has notified mandatory standards for 15 electronic products, including mobile phones, power banks, LED lamps, to curb flow of low quality items in the country.
'During times of adversity, a brick becomes better than a stone. That is how I look at the election season.'
'But their bowling is poor. Beyond Jasprit Bumrah, there is no one to actually support them in that bowling attack, and the CSK batters took them apart.'
Chief Economic Advisor (CEA) V Anantha Nageswaran considers absolute poverty a more direct and pressing concern for India. He argues that inequality is a relative concept. Simultaneously, with formerly economically deprived sections joining the ranks of the middle class, policy attention needs to extend beyond 'roti, kapda, makaan' to keep the growth engine up and running.
Khatua was the joint record holder of 18.06m with Manpreet Kaur before this event. But with her fifth round hurl of 18.41m at the Kalinga Stadium, she became the sole national record holder.
USA's sparkling debut, Afghan bravehearts' dream run and India's brilliance
Why are the poor turning Right instead of turning toward far-Left parties, ponders Pranab Bardhan.
While the tournament saw the emergence of young stars, the usual suspects, the big names flattered to deceive.
For the startup ecosystem in India, the scorecard so far has been a mixed bag, observes Akhil Gupta.
'Look at the opposition. Like in anything in life, try and learn. Why did we collapse? Why Crawley keeps getting starts and keeps getting out? Ben Duckett, got a brilliant 150, gave a charge when the ball was too new.'
Will the 20 per cent hike in the education budget and the announcement to start three new IITs in Bihar, AP and Rajasthan help India improve its education standards and emerge as a major hub supplying skilled talent worldwide.
'China is struggling to get out of its property bubble.' 'Japan took 35 years to walk out of its equity bubble.' 'Bubbles can be difficult to forecast.'
'Elections are fought to win.' 'In our party, the leadership takes the final decision, and our leaders are very clear about it.'
Akhilesh Yadav replaced his nephew Tej Pratap Yadav and decided to contest the Kannauj seat himself.
'We have essentially tried to set out an agenda for the next five years and it, in essence, represents the political commitment to that agenda.'
'Sweden removed the inheritance tax because many of the rich were fleeing. For example, the owner of IKEA had migrated out of Sweden'
'I found it unbelievable that L&T said 45,000 jobs were waiting to be filled because of unavailability of suitable skillsets.' 'So, when the Opposition sweepingly says there are no jobs, I'm sorry... I'm not saying it's raining jobs, but there are jobs. The (skill) gap has to be bridged.'
Under the National Apprenticeship Promotion Scheme, close to 1 million apprentices will be trained in FY24.
Batters are mauling bowlers this IPL like never before, as the impact player rule effectively gives every team 12 players. Where is it taking the game?
IMAGES from the WPL Eliminator played in New Delhi on Friday.
Against predictions by most exit polls that the ruling Congress had an edge in the state, the BJP banked heavily on the charisma of the PM.
Clearly, all of the NEET coaching classes are beyond the capacity of a child from a BPL family.
There was no smooth surge in middle class prosperity for foreign businesses to tap into because of the Indian economy was mismanaged, argues Debashis Basu.
'In Western UP, last time a lot of Dalits voted for the BJP.' 'This time, there is a rethink among Dalits about the extent of their support for the BJP.'
'Election funding needs a little more transparency.'
Amid the rhythmic chug of the train, a chorus of voices rises, each bearing its tale of hope and despair.
Finance Minister Nirmala Sitharaman will set a record by presenting the sixth Budget in a row -- 5 annual Budgets and one interim -- a feat achieved so far only by former Prime Minister Morarji Desai. With the presentation of interim Budget on February 1, Sitharaman will surpass the records of her predecessors like Manmohan Singh, Arun Jaitley, P Chidambaram, and Yashwant Sinha, who had presented five budgets in a row. Desai, as Finance Minister, had presented five annual Budgets and one interim Budget between 1959-1964. The interim Budget 2024-25 to be presented by Sitharaman on February 1, will be a vote-on-account that will give the government authority to spend certain sums of money till a new government comes to office after the April-May general elections.
'The Congress is trying to reinvent itself -- the caste census demand, OBC emphasis, the anti-corporate thrust, especially on Adani etc -- all this is not standard Congress strategy.'
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