The tea sector may see a crop loss of 50 per cent (around Rs150 crore) while the damages owing to landslides washing away a 100-acre plantation in Wayanad are yet to be accounted for.
Average overall sales which used to be around 8,000 units a year ago has dropped to 7,000-7,500 units in a month. A lot of government projects have been announced but these are yet to translate to boost CV sales.
The overall volume at India's top four M&HCV makers - Tata Motors, Ashok Leyland, Volvo Eicher, and Mahindra & Mahindra - fell 59.5 per cent to 31,067 units during the month.
India's water future remains very bleak. The monsoon season, which once extended to 4 months, is now down to less than 30 days of heavy rain.
The Planning Commission has not been central to the policy making process since the mid-1960s, says Nitin Desai.
With just a week left for the Fadnavis government to prove its majority in the Maharashtra assembly, Bharatiya Janata Party and Shiv Sena are yet to resolve their differences over terms for the latter's participation in the ministry, deputy chief minister's post being one of the sticking points.
The drop in oil to around $50 a barrel this year has triggered steep cutbacks in production of US shale oil
Ahead of the assembly elections next year, the BJP has been wallowing in a welter of ideas that has resurrected the debate on populism versus pragmatism, as it has to pander to two important but incompatible constituencies, of the freebie consuming masses and Bengaluru's heavy hitters craving for even roads, pristine lakes and unbroken power supply, reports Radhika Ramaseshan.
'It is high time that we act instead of just talking about how and why the climate is changing.'
Former Union Minister P K Thungon was on Monday awarded a four-and-a-half year jail term by a Delhi court in connection with a case lodged in 1998 pertaining to misappropriation of Rs 2 crore released by the Centre.
From real estate behemoths to infrastructure majors, from mobile device manufacturers to heavy engineering companies, they all made commitments to the tune of billions of dollars. Unfortunately, the reality has fallen far short.
With her trademark cotton sari and rubber slippers and her generous doles in rural Bengal, many describe Mamata Banerjee as "ultra left."
The two western states, already battling a raging pandemic, which has put their health infrastructure under severe strain, opened new fronts to tackle the fallout of the storm which is expected to make a landfall close to Mumbai on Wednesday. They are likely to be impacted most by the cyclone.
State-run banking giant SBI has said it temporarily exceeded RBI-prescribed credit exposure limit for the fourth year in a row in 2011-12 with regard to loans given to Mukesh Ambani-led Reliance Industries (RIL).
In less than two months since the announcement in March, the state has mobilised an armada of small and medium enterprises keen on making components for large equipment manufacturers.
Prime Minister Narendra Modi will launch his dream 'Swachh Bharat' campaign on Thursday.
Tamil Nadu is facing a shortage of 2,000-2,500 Mw. The Tamil Nadu Electricity Board (TNEB) has proposed a compulsory two-day power holiday for both heavy and light industries due to the ongoing power crisis in the state.
When Modi's name was called out by the Secretary General for taking oath, Members from the ruling National Democratic Alliance thumped the desk greeting the Prime Minister with slogans such as 'Modi Modi' and 'Bharat Mata ki Jai'.
In an interview with Rediff.com Puducherry CM spoke about his plans for the state, Rahul Gandhi and his daily friction with the lieutenant governor.
Unprecedented torrential downpour in Chennai and other parts of Tamil Nadu brought the whole state to a grinding halt.
To ease pressure due to the coronavirus lockdown, corporate have asked banks and the government for a six-month liquidity line, so that they can pay off their suppliers and employees.
Obama said he wants to boost the use of natural gas in transportation
Discoms will not only be penalised for undue outages, they will not be able to bill you for losses.
'The babus in Delhi are not able to understand the pain industry is facing.'
'And because she was very close to Indira Gandhi, she was close to me.' 'Sonia is a wonderful person'
This year's list includes 40 influential people under 40 years of age in five categories -- finance, technology, healthcare, government and politics, and media and entertainment.
'India should take up defence manufacturing in a more serious manner and encourage greater private participation.'
The combined net sales of 42 listed construction and capital goods companies that have declared their third-quarter results so far were down 2.3 per cent year-on-year in Q3FY21 while core operating profit was up just 4.9 per cent YoY during the quarter.
Karnataka suffered a crop loss in around 97,365 hectares out of the total bearing area of 2,26,244 hectares of coffee and spices plantations.
Sensex heavyweight Reliance Industries fell 2.76 per cent. In percentage terms, major laggards were Yes Bank, Indusind Bank, RIL, ICICI Bank, HDFC and Axis Bank -- plunging as much as 6.62 per cent.
Sukanya Verma brings us everything we learned in this notorious year.
This is the first mission by the Indian Speace Research Organisation this year.
Since the disastrous 2005 floods, that crippled Mumbai, little work has been done on disaster management and relief preparations.
The transition from the state into two Union territories of Jammu and Kashmir, and Ladakh on Thursday was met with a complete shutdown in the the valley as shops and other business establishments were shut, and public transport were off the roads.
The impact of GST is particularly stark in the highly fragmented synthetic textile industry, which attracts different GST rates at different stages of production and sale
Young, raw energy from India's engineering colleges on display!
How robots may eradicate manual scavenging in India.
Work is underway in identifying global companies in sectors ranging from electronics, auto components and medical equipment to shift part of their existing or incremental manufacturing to India.
Crop loss would the highest in Karnataka (where a little more than 75 per cent of the national output comes from), followed by Kerala and Tamil Nadu.
'India has an advantage because we produce more cotton and we have more workforce.'
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