The K-shaped economic recovery in India from the pandemic slowdown shows in corporate results as well. The automobile sector, which represents big-ticket consumption, continues to do well and has increased its share in corporate revenues and profits while fast-moving consumer goods (FMCG) companies that sell low-ticket consumer goods are struggling with poor sales and earnings growth. The share of the automobile sector, including makers of auto ancillaries, in corporate net sales rose to a 10-quarter high of 10.05 per cent during July-September 2023 (Q2FY24) from 8.94 per cent a year earlier and 9.75 per cent in Q1FY24.
'Without a poverty line, how are we to know whether poverty is the same, or it has come down or it has gone up?'
The achievements without the National Entrance-cum-Eligibility Test (NEET) were not enough for the future, Ravi said, adding the qualifying test is here to stay.
Few days after the Sports Authority of India transferred two of its officials for serving rotten fruits to the Olympic-bound wrestling team, the campers complained that poor standards of food still persisted at the SAI centre in Sonepat.
The top court had come down heavily on the ED and said it is not expected to be "vindictive" in its conduct and must act with utmost probity and fairness.
rediffGURU Aruna Agarwal offers parenting advice.
The ninth edition of the T20 World Cup will be the biggest yet, with the increase to 20 teams from 16 opening up a wider pool of expatriate fans in the United States.
The National Pension System (NPS) added 21.5 per cent fewer fresh subscribers under the corporate segment in 2023 compared to the preceding year. Government officials and experts attribute it to the higher exemption limit of income tax of Rs 7 lakh announced in the FY24 Budget that no more requires employees under this income bracket to opt for NPS for tax-saving purposes. Data collated from the Ministry of Statistics and Programme Implementation (MoSPI) reveals that the corporate component is voluntary in nature and saw 158,212 new subscribers in 2023 compared to 201,517 during 2022.
Modi said he is seeking a third term not to enjoy power but to work for the nation. "If I had thought of my home, it would not have been possible to build homes for crores of people," he said.
The new scheme may be announced before the Lok Sabha elections.
The court was informed by the central government that a security review of Swamy's private house, where he would be residing after vacating the government-allotted bungalow, has been undertaken.
'Given the inherent volatility, investors should take at least a three to five-year view.'
During the current Ranji Trophy season, a star son has been launched. But for 25-year-old Agni Dev Chopra, he never had the luxury of a re-take that his film-maker father Vidhu Vinod Chopra has had throughout his illustrious career.
Monsoons have had limited effect on market returns for a given year, report Sachin Mampatta and Sundar Sethuraman.
Reputations do go for a toss in the T20 format, but Delhi Capitals haven't been able to get past Chennai Super Kings in their last four meetings, and the margins of defeat -- 91, 27 and 77 runs respectively -- does paint a sorry picture.
The plan could mature into either an umbrella programme for urban youths similar to the Garib Kalyan Rozgaar Abhiyaan or a modified urban-focused version of MGNREGS.
Bonafide six-hitter Shivam Dube on Monday said his ability to play a wide range of strokes against spinners is "god's gift" but overcoming issues against express pace and bounce will require plenty of hard work.
'We carry 6.5 billion passengers every year. We have crossed seven billion this year, and are targeting 10 billion by 2030.'
'Unless the State is a welfare State, unless the State has more welfare measures, it will not be able to deal with these kind of sudden situations.'
In cricket, we have something that we can share with our families, neighbours and indeed, the whole country. It is colour-blind, language-neutral, truly secular and transcends all regions, from Kashmir to Kerala and Mizoram to Maharashtra, explains Shreekant Sambrani.
'2019 was fought on delivery. But in 2024, you can see the before and after effects.'
'The 2024 election results will lead to much intense targeting of Modi, more intense debates, many more breakdowns in Parliament and many more movements on the streets.' 'The results have hit Modi's standing, and the politics of the Opposition parties will be sharply focused to ensure that Modi doesn't get back his charisma of being 'invincible' with help of State power.' Sheela Bhatt looks at the political situation through the prism of 2024 Lok Sabha election results.
'We want to prove to the world that they will get the best code written from a small place like Wayanad.'
'We now look at divestment as an opportunity for maximising the value of public assets, not necessarily as a short-term resource-raising measure.'
The slowdown in private consumption in the economy is taking a toll on the growth of fast-moving consumer goods (FMCG). The net sales growth of listed FMCG companies hit a 14-quarter low of 2.5 per cent in October-December 2023 (Q3FY24). This is the lowest revenue growth for the industry since the June 2020 quarter, when the FMCG firms in the Business Standard sample had reported a 13.2 per cent Y-o-Y decline in combined net sales owing to the lockdown.
With exam results around the corner, young students are under immense pressure. We invite readers to share similar experiences to help them cope.
As part of a cost-cutting plan, the bank is now dismantling its stock broking, equity research, and equity listing desks worldwide.
MIFF comes under flak again for poor quality film, censorship
'The UK is more of a structural problem, and that's why we're doing the restructuring.'
'Indians are basically liked because they are educated, they are intelligent.'
The protection to the driver's chest due to high chest compression was poor and the passenger's chest received weak protection
If 4,000 workers could work round the clock for the construction of the new Parliament building, then there is no reason why all infrastructure projects too cannot follow that model, asserts Dr Sudhir Bisht.
A total of 415 million people moved out of poverty in India within just 15 years from 2005/2006 to 2019/2021, the United Nations said on Tuesday, highlighting the remarkable achievement by the world's most populous nation.
Finance Minister Nirmala Sitharaman is likely to step up efforts to boost consumption and rural economy while keeping inflation under check when she presents her sixth straight Budget on February 1. Experts said one way to boost consumption is to put more money in the hands of people, and one of the possible ways of doing it is by reducing the tax burden through tinkering with tax slabs or increasing the standard deduction. Another proposal is related to increasing the funds under the rural employment guarantee scheme MGNREGA and higher payout for farmers.
Modi, while addressing a rally in Barasat, said whatever happened with women in Sandeshkhali "is a matter of shame".
DRDO's failures over the decades have contributed significantly to India becoming the world's biggest weapons importer, points out Lieutenant General Prakash Katoch (retd).
Finance Minister Nirmala Sitharaman will present her sixth straight Budget ahead of the Parliamentary elections, matching the record of former Prime Minister Morarji Desai. Sitharaman in her pre-election Budget, which technically is a vote on account and popularly termed an interim Budget, will seek Parliament's nod for a grant in advance to meet the central government's essential expenditure for the first four months of the new fiscal year that starts in April. A new government elected after the April/May general elections will present the full Budget, likely in July.
Sukanya Verma looks at how the 33 year old has fared in her decade-long career.
While the economy seems to be on a firm growth path, the fight against inflation is not over yet. Shaktikanta Das seems to be in no hurry. After playing well through a five-year Test match, he doesn't want to get out hit wicket, observes Tamal Bandyopadhyay.
A prolonged break in monsoon rains in most parts of the country is threatening to hit the yield of kharif crops. It could even delay the upcoming rabi sowing. Major agricultural states, such as Maharashtra, Madhya Pradesh, Andhra Pradesh, Punjab, and Gujarat, have witnessed a deficit of 30-80 per cent in southwest monsoon rainfall in August compared to the long-period average for the month. Meteorologists see no big revival in monsoon rains from hereon, though they forecast "some activity" over the Bay of Bengal on September 5-6.
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