The hospitality sector has been hit very hard by the pandemic. In the past 18 months, it has lost business, first because of the harsh lockdowns and after that because of lack of demand due to the ensuing economic slowdown. Most hospitality businesses have sustained low revenues and losses since April 2020. Is this the classic case of a beaten-down cyclical sector that may be close to bottoming out?
Read a story. Cook together. Make recycled home decor crafts.
The combined weight of IT companies in the benchmark Nifty 50 index is now at a five-year high of 15 per cent as these companies continue to outperform the broader market.
Sushmita Sen's combination of blazing authority and maternal anxiety are perfectly cast as a woman thrown in the centre of chaos in Aarya 2, observes Sukanya Verma.
'The guys were really clinical, and I think the way Dean led with the bat was phenomenal. He made sure he stayed in to a built partnerships with the other batters around him.'
Das said that global economic activity has remained fragile and the surge in COVID-19 cases has subdued early signs of revival.
'As a donor, you may think you are saving one life. But you touch the lives of the entire family and community associated with the person. And it only cost you a few hours of your life.'
Yoga positions require you to breathe in a specific manner, which can help you control your blood pressure and reduce tension, says celebrity yogini and wellness entrepreneur Ira Trivedi.
There is positive correlation between crude oil prices and Indian equities and investors can expect more upside after the recent rally in Brent crude price.
RBI retained the GDP growth for the financial year 2018-19 at 7.4 per cent.
Ira Trivedi, wellness expert and founder of Yog Love, explains how these postures can help you keep monsoon ailments at bay.
The government's move to freely supply coronavirus vaccines to the states for universal inoculation and extend free rations to help the poor tide over the pandemic will only add an additional 40 bps of GDP to fiscal deficit, says a report, which also called for more transparent vaccine distribution plan for efficient vaccine allocation to the states.
'Just waiting outside the prison gate, thinking that your mother is inside those walls even though you know she is innocent, affects your psyche.'
Ira Trivedi, wellness expert and founder of Yog Love, explains how these asanas will help you stay calm and positive.
Gold, which lost its sheen to some extent in the second half of 2021, is likely to regain the glitter in the New Year and cross the Rs 55,000-per-10-grams level amid pandemic woes, inflation worries and stronger US dollar. After a stellar run up in 2020 when the yellow metal touched a record high of Rs 56,200 on the MCX in August, the prices are near Rs 48,000 per 10 grams now. This is roughly 14 per cent lower from the all-time highs and 4 per cent lesser compared to January 2021 levels.
Only investors who understand the significance of ESG investing should enter these funds for the long term, advises Sarbajeet K Sen.
After the RBI surprised the Centre with a record Rs 99,122 crore in surplus transfer for FY21, analysts said this will help the government tide over the revenue losses from lockdowns and extend more support to the pandemic hit industries and to the poor people. In fiscal 2020, the RBI had paid only Rs 57,128 crore in dividend to the government and the finance minister had budgeted only Rs 45,000 crore from the central bank. The higher payout followed the Bimal Jalan panel report that had set a new economic framework capital buffer for the central bank along with the contingency risk buffer at 5.5 per cent.
The ongoing consolidation in equities would improve return prospects during the second half of 2021, an American brokerage said on Tuesday. Leading indicators relating to fundamentals including growth, stability, government policy and RBI policy, and corporate earnings are "generally positive" about equity returns, analysts at Morgan Stanley said. It can be noted that since the start of the second wave of COVID-19 infections, which also coincided with inflation worries in the US, there has been an uneasiness within investors. From its levels on March 10, the markets are down by nearly 3 per cent despite the late surge over the last two trading sessions.
The high court judgments will "not to be treated as precedent by any court" to give similar reliefs, the apex court said while hearing Delhi police's appeal against the bail granted to 3 Delhi students.
'The markets seem apprehensive and that explains why the markets have been feeling slightly uncomfortable ahead of the Budget.' 'After the event, when all the concerns are resolved and clarity emerges, markets will decide what to do next.'
Punit Bisht recalls emotional stand with old buddy Kohli
'I want to be with the Ukrainian people and serve those I know here.'
Describing the recent two consecutive spikes in retail inflation beyond the 6 per cent as a 'transitory hump', a Wall Street brokerage on Monday said it expects the RBI to overlook it and unanimously stick to the dovish stance at the forthcoming policy review, even though a further upward revision of its already-revised inflation target is more likely. The Reserve Bank-led monetary policy panel is scheduled to announce the third monetary policy review on August 6, amidst the continuing spike in retail inflation that has breached the 6 per cent upper tolerance level for the past two consecutive months.
'This fall is nothing. We could see worse if everybody hits the panic button.'
'I was not there at the spot and I don't know who was driving the car.' 'It is a matter that needs to be investigated by the police and it is their job,' says the father of the journalist who was killed in Lakhimpur Kheri.
Chief Economic Adviser K V Subramanian on Friday said there is an "upside potential" in the estimates about the economy during the current financial year amid a faster-than-expected recovery. He said the final print could be better than GDP estimates given by various institutions, including the Reserve Bank of India, which projected contraction of 9.5 per cent during 2020-21. During the second quarter, India's economy recovered faster than expected as a pick-up in manufacturing helped GDP clock a lower contraction of 7.5 per cent and held out hopes for further improvement on consumer demand bouncing back.
Not surprisingly, equity investors are bidding-up stock prices across sectors and the broader market is now more valuable than pre-Covid levels.
Celebrity yogini and wellness entrepreneur Ira Trivedi tells you how to protect your skin and hair from harmful chemicals in the most natural way.
Answer three questions and win a free copy of Danielle Steel's bestsellers Child's Play or Spy.
Twice Olympic champion swimmer Cate Campbell captured the mood of many of Australia's Tokyo hopefuls when she spoke of the virus 'shattering' dreams and visions of the future. Keesja Gofers, part of the Australian women's water polo team that had already qualified for Tokyo, said the decision was 'devastating' for all athletes competing around the world.
Do not try them without expert supervision.
'Increased allocations for MNREGA could have provided the much needed push to rural demand and consumption at a time when recovery continues to remain uneven.'
Citing faster-than-expected recovery, rising consumer confidence and the resultant spending spike, Swiss brokerage UBS Securities has revised upwards its growth forecast for the current fiscal to 9.5 per cent from 8.9 per cent in September. The brokerage also sees the economy clipping at 7.7 per cent in FY23 but moderating to 6 per cent in FY24, as it expects the benefit of the low-interest rate regime to end by the end of FY23, and it sees the central bank hiking policy rates by 50 bps in the second half of the next fiscal. The Reserve Bank also forecasts 9.5 per cent GDP growth this fiscal while the average projection ranges from 8.5 to 10 per cent.
'Be with people you love and those who love you because the feeling of nurturing and being nurtured both add a lot of strength.'
Will 2022 be a year of contrasting narratives -- one filled with caution and the other with continued optimism?
Amid fears of a third wave of coronavirus pandemic and hardening of retail inflation, the Reserve Bank is likely to maintain status quo on interest rate and watch the developing macroeconomic situation for some more time before taking any decisive action on monetary policy. The RBI is scheduled to announce its bi-monthly monetary policy review on August 6 at the end of the three-day meeting -- August 4-6 -- of the Monetary Policy Committee (MPC). The RBI Governor-headed six-member MPC decides on the key policy rates.
Given that there has been no negative news flow around Zomato, analysts believe it's time to lap up the shares at lower levels.
Holding cash may actually help fund managers limit downside in the current environment, but large cash component poses the risk of missing out sharp upsides in a broader market rally, reports Jash Kriplani.
With decline in number of fresh COVID-19 cases and easing of restrictions, the country's gross domestic product (GDP) will grow at 8.5 per cent in FY2021-22, according to credit rating agency Icra Ratings. It expects the gross value added (GVA) at basic prices (at constant 2011-12 prices) to grow at 7.3 per cent in FY2022. "The impact of the second wave of COVID-19 and the ensuing state-wise restrictions was seen across a variety of high frequency indicators in April-May 2021.
Angry protesters allegedly forced the two vehicles to stop and set them on fire.
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