The most immediate challenge for growth is the disruption of the global economy brought about by the Ukraine war and related sanctions, the Covid shutdowns in China and the rising tide of inflation, points out Nitin Desai.
Since its results, the stock of bottling and beverage distribution company Varun Beverages (VBL) is up 7 per cent on the back of a strong 2022-23 January-March quarter performance, robust outlook, and revision in profit estimates. Given the sharp uptick, it is now part of the trillion-rupee club, with its market capitalisation at Rs 1.01 trillion. The stock is one of the best performers in the consumer space as well as the S&P BSE 200, of which it is a constituent.
Company to help dealers build secondary income sources like insurance, finance, after-sales, accessories
'They are afraid that if they approach a police station for filing a complaint they might themselves get arrested under some random charges.'
The cities for which the CTTP is being framed are Mysore, Mangalore, Belgaum, Hubli- Dharwad, Bellary and Gulbarga, which are administered by municipal corporations. The plans are being drafted on the directions of the Directorate for Urban Land Transport. According to a recent study, urbanisation is going on at a fast pace. The urban population has risen 30 per cent.
Taking a leaf out of the methods adopted by Pakistan-based terrorists, Maoists have plans to attack major cities and are trying to enhance their strike capabilities in the urban areas. Central security agencies have gathered information that the Maoists have plans to strike in the cities in a big way but lack of infrastructure like hideouts for cadres, safe transport to carry arms and explosives are preventing them from doing so.
The 2023 Budget set off a downtrend in the listed life insurance company stocks. The key reason was a proposal to tax income from insurance policies (other than unit-linked insurance plans or ULIPs) with a premium, or aggregate premium, of above Rs 500,000 per annum. This impacted the traditional savings profile since it affected the returns for these products.
A lesson we have not learnt from China is the urgent need to knit the vast country together to keep it from falling apart at the seams. While there is considerable dent in poverty, sadly, the North East remains as distant today as it always was, points out Shreekant Sambrani.
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Embarrassed by the debate on whether its suggestion that a human being can live on Rs 32 a day in urban India, the Plan panel has said those who are not really poor should be excluded from being enumerated as being poor.
The pilot scheme to develop satellite towns around seven mega cities will spill over to the 12th Plan period (2013 to 2018), as against the original deadline of April 2012.
Prashant Lingam and Aruna Kappagantula are changing the way houses are being built in India.
Flipkart has not been able to process with its plans of getting into the grocery vertical and is stuck on running pilots in select cities.
As their latest star-studded collaboration Pathaan starring Shah Rukh Khan, John Abraham and Deepika Padukone readies for release this Wednesday, Sukanya Verma offers a lowdown on everything Siddharth has directed so far.
Was it Uddhav's back-seat driving of Shinde's ministry Did Shinde feel slighted by Aaditya Thackeray's rapid ascent in the Shiv Sena? Was his spat with Sanjay Raut on Monday the last straw?
Israel needs to come terms with the new reality that they are no longer invincible or the dominant power in the West Asian region, observes Ambassador M K Bhadrakumar.
Kellogg claims to have cornered 70 per cent market share of the breakfast cereals market in value terms.
The world is on the threshold of a new era of cooperation in which individuals, business and nations more readily join forces, thanks to the coronavirus pandemic and only a global effort can help get back to normality from the health crisis, according to Tata Sons chairman N Chandrasekaran. In his New Year address to over 7.5 lakh employees of the consumer products to aerospace conglomerate, Chandrasekaran said the pandemic has rewritten the rules and there has been a shift in priorities with greater focus on safety and resilience, and a transition from 'just in time' toward 'just in case' -- changes that "offer a glimpse of the new economy that will emerge from the old".
After swine flu, Uttar Pradesh government has sounded bird flu alert following avian influenza outbreak in Amethi, official sources said on Sunday.
A look back at many memorable moments in his life as Prince Charles.
Shankar Prajapati, a 57-year-old potter in Dharavi, has given up hope of getting a bigger house for his family. He lives cheek by jowl in a hutment measuring 200 square (sq.) feet (ft) in the nondescript shanty town. "We have surrendered to our fate. We cannot wait forever for better accommodation. "Perhaps we are not meant to dream big," despairs Prajapati. Raju Korde, president, Dharavi Redevelopment Committee, and a local resident, agrees with Prajapati.
'An earthquake of a slightly higher magnitude in the Western Himalayan region is going to be catastrophic -- not just because of the fragility of the region but because of how densely we have occupied it.'
On the other hand, the Yogi Adityanath government has 'completed nine lakh houses under the scheme and 14 lakh are under construction', Modi said, reeling out comparative figures.
It will be inducted into the IAF inventory at a ceremony in Jodhpur in presence of Defence Minister Rajnath Singh and chief of air staff Air Chief Marshal VR Chaudhari.
The project was announced in September 2019 and Prime Minister Narendra Modi laid the foundation stone of the new Parliament building on December 10, 2020.
SBI is planning one man branches and FSCs to tap the mass affluent and HNI customers in cities.
Five days after the induction of 18 ministers into his cabinet, Maharashtra Chief Minister Eknath Shinde on Sunday allocated portfolios, keeping Urban Development and 11 other ministries with himself, while giving the crucial Home Department to Deputy CM Devendra Fadnavis.
Mumbai's makeover plan has inched forward. The Rs 2.25 lakh crore plan for development of Mumbai Metropolitan Region is awaiting approval of the state government. The government will approve of this once the Mumbai Metropolitan Region Development Authority (MMRDA) okays it. The plan includes infrastructure such as road transport, Metro rail, skybus, Brimstowad storm water drainage project & water transport development. The plan covers entire Mumbai as well as Thane district.
Everyone is concerned about the safety of their lives, the Delhi high court observed on Thursday while hearing a plea related to earthquake preparedness in the national capital.
India has the best hiring outlook globally, second only to Brazil, with 54 per cent of companies surveyed planning to hire in the December quarter as against 51 per cent in the September quarter, according to a report by global staffing firm ManpowerGroup. The report titled "ManpowerGroup Employment Outlook Survey" showed that India has the strongest net employment outlook for the December quarter in the Asia-Pacific region, followed by China (46 per cent), and Australia (38 per cent). The global net employment outlook in the December quarter would stand at 30 per cent, down by three percentage points from the June-September quarter, yet six percentage points higher than the same period last year, the staffing firm said.
New York state will "not normalise" serious criminal conduct, "no matter who you are," Alvin Bragg, the Manhattan district attorney, has asserted, hours after former US President Donald Trump was arraigned in a courtroom.
Speaking at a press conference in Kolkata organised by TDSAT, N K Mangla, head of the regulatory department of Reliance Communication, said, "We plan to have a customer capacity of 8 million or 55 per cent of the population in 2008." Reliance also plans to cover 95 per cent of highways, 93 per cent of railways, 6,000 towns and five lakh villages in 2008. Currently, the company has 22,000 towers.
It is surprising that the slum dwellers have so far not revolted and asked the government to pack up and go because, from their point of view, the slums are not a problem but a spontaneous solution to the housing problem in Mumbai which has always been behind the demand curve, the supply kept short deliberately so that progressively higher prices can rule.
After lagging behind other segments in the automotive (auto) space over the past few years, two-wheelers are expected to reverse their volume underperformance. After witnessing a 36.3 per cent volume decline over the 2018-19 (FY19) through 2021-22 (FY22) periods, the sector staged a recovery in 2022-23 (FY23), with volumes rising 17 per cent. While volumes are still a quarter lower than the FY19 peak of 21 million units, a double-digit growth trajectory is expected to prolong.
'I was wondering whether I would ever come out alive.'
Poverty in rural areas declined at a faster pace than in urban cities between 2004-05 and 2009-10, according to the Planning Commission estimates released on Monday.
Prime Minister Narendra Modi on Tuesday met prominent US personalities from different walks of life, including Tesla CEO Elon Musk who asserted that India has more promise than any other large country and that he is incredibly excited about its future.
Reliance Jio is close to finalising its contract with telecom gear maker Ericsson to roll out its 5G network in Mumbai and Maharashtra and Kolkata and West Bengal in the first phase of its launch in October. And it is going with Nokia for the lucrative Delhi circle, and Chennai, which includes Tamil Nadu, say sources aware of the development. This is the first time that Jio is opting for multiple vendors.
'Within a short span, it increased attendance, improved children's physical fitness, and led to a rise in the enrolment ratio.'
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