Lack of new investments may undermine higher consumption
While sales of compact cars, including models such as Swift, Celerio, Ignis, Baleno and Dzire declined, sales of utility vehicles, including Vitara Brezza, S-Cross and Ertiga, increased 26.3 per cent to 19,177 units as compared to 15,178 in the year-ago month.
'Just see what kind of political, social and economic impact it will have when the number of unemployed goes up four times in one year suddenly.'
Opposition parties demanded that all elections in the future be held through ballot papers.
One of the biggest lessons for cities fighting the Covid-19 pandemic has been the criticality of access to data. Mumbai, which has shown significant success in managing the second wave of the pandemic, is a case in point, reports Shivani Shinde.
Jal Shakti Minister Gajendra Singh Shekhawat has the task of bringing clean tap water to all households by 2024.
'If Modi sincerely thinks that Dalits are also Hindus then spread this message to the entire nation through programmes like Mann Ki Baat.' 'We would love to listen to the PM tell the nation to look upon us as fellow Indians and human beings.'
'In May 2020-2021, nearly 10 crores (100 million) lost jobs. 'Covid is not the reason for the present crisis. It aggravated the crisis.'
The amount allocated for 2019-20 is 11 per cent higher compared to Rs 55,000 crore allocated for the year 2018-19.
Prasad, who became chief minister of Bihar in 1990, had anointed his wife on the CM chair after he was sent to jail in 1997 over multi-crore fodder scam cases.
Falling incomes and longer winter to translate into lower demand for at least some months.
After 118 days of unauthorised stay and a bitter stand-off with the government, former union Minister Ajit Singh today finally vacated the 12 Tughlaq Road bungalow in New Delhi.
Hours before he was to appear for the National Eligibility-cum-Entrance Test for a third time, a 19-year old youth belonging to a village near Salem died by suicide on Sunday, fearing the outcome of the test he was to take.
Gold prices this year are higher than last year, and the goods and services tax is an additional burden for consumers
The founding members of The E-Commerce Council of India include Snapdeal, ShopClues, UrbanClap, Shop101, Flyrobe and Fynd, among others.
The delegation, which was led by Communist Party of India-Marxist member of the Parliament Basudeb Acharia, told Mukherjee that the urban cooperative banks have been put to 'extreme hardship' due to the hefty 30 per cent tax on profits.
In urban India, the fall in rice consumption was 0.2 kg per person per month.
The BJP president also accused Congress leaders, including a chief minister, of trying to actively create vaccine hesitancy during the once-in-a-century pandemic.
The Union Budget is not everyone's cup of tea. But here's how you can make it yours.
With India's GDP clocking a lower contraction of 7.5 per cent in the September quarter, industry and experts expressed confidence of further recovery in the coming months and said the government's actions are bearing fruit. In a tweet, Vedanta chairman Anil Agarwal said, "Q2 #GDP numbers show that economy is recovering. Government's efforts on stimulus and reform are showing results. Hopefully, we will have positive growth in H2 FY21 and double digit growth in FY22."
Overall, small savings have amassed Rs 1.17 trillion from April-September - 26 per cent more than the previous year. But in those six months, the economy lost 24 per cent in the first three months, and is slated to lose 10 per cent in the second quarter.
Cities with a population of 20 lakh or more are being considered for modern mass rapid metro rail and feasibility studies have been ordered in this regard.
Prof Ananth Narayan, well known financial expert who works as a faculty member at the SP Jain Institute of Management and Research and the RBI's nominee director on the board of Yes Bank, expects a double-digit contraction in India's GDP this fiscal year. In the first of a two-part interview to Shobha Warrier/Rediff.com, Prof Narayan, below, says, "Giving liquidity and loan to cover the cash flow problem is not sufficient because you are essentially increasing the debt of many of these companies. And they might not be able to bear the burden."
Three stockmarket experts give their best picks for the New Year.
'India does not have the wherewithal to successfully manage a full blown covid-19 crisis,' warns Vivek Gumaste.
Infra segment, refinery product impacted the most, even as contraction narrows in latest month.
CARTOSAT-3 is a third generation agile advanced satellite having high resolution imaging capability.
'Congress will try to use Malerkotla to woo Muslim votes in UP. Muslims across the country have definitely taken note of this move in Punjab. But they vote only for a party that can defeat the BJP. The Congress doesn't seem to be capable of doing that'
Bhubaneswar, Pune, Jaipur and Surat are among 20 cities selected in the first batch to be developed as 'smart cities'.
'The Modi government must create conditions to integrate millions into the rural economy as many migrants are certainly not going to return to live an undignified life,' notes Ramesh Menon.
India's economy is showing signs of slowdown, with hi-frequency indicators like industrial output posting subdued growth and automobile sales touching historical lows.
EV players suggest a reduction in the goods and services tax on batteries from 18 to 5 per cent as it would help push demand.
'Aggressively stepping up vaccinations will constitute the most enduring stimulus of all in the coming quarters,' observes Sajjid Z Chinoy, Chief India Economist at J P Morgan.
From Dabur to HUL, here are 10 stocks with significant rural exposure in the auto, agri-chemical and fast moving consumer goods sectors, which should see an uptick in sales growth.
The central bank was widely expected to maintain status quo.
As of now, there is nothing to suggest that the 'Michaelpatti episode' has the potential to polarise Dravidian Tamil Nadu on religious lines, observes N Sathiya Moorthy.
'If you see the composition of items which are causing this spike in prices, most of them have little to do with the kharif harvest, except for pulses and vegetables to some extent.' 'I don't know on what basis the government is claiming that food prices will moderate in the weeks to come.'
Apart from physical stores, the company operates 2,700 digital touch points in the form of web pages, which is gaining good traction from tier-II and III centres.
Close to 50 models were launched in India in the past 12 months, but companies have not been able to realise their potential due to the pandemic.
Given Narendra Modi's trust in him, Praful Khoda Patel is unlikely to back down in Lakshadweep.
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