'Revision of the base year for both CPI and GDP are long overdue.' 'The basic data that went into the 2011-2012 series were mainly from surveys done in 2011 or earlier.' 'We have since seen the emergence of new sectors like platform-based work and online marketing.' 'The employment surveys and the consumption surveys need to reflect these adequately.'
The manufacturing licence of Noida-based pharmaceutical firm Marion Biotech has been cancelled by the Uttar Pradesh authorities, according to officials.
The government's ambitious vision document that aims at achieving electronics manufacturing with a value of $300 billion by FY26 (including exports of $105-130 billion) could end up far lower than the target, according to a reality check this month. The reality check came from the Indian Cellular and Electronics Association (ICEA), which partnered with the government in preparing the document. The members of the ICEA are mobile and electronics companies, and its assessment, based on current trends, indicates that the total electronics production in FY26 will be around $225 billion.
IOA athletes commission member Om Prakash Karhana came out in support of the wrestlers and said justice should be delivered as soon as possible.
Top Indian wrestlers have returned to Jantar Mantar in New Delhi to continue their protest
Ahead of the air show, a full dress rehearsal held at the Hindon Air Force Station in Ghaziabad.
Ahead of the inaugural season of the Women's Premier League, Delhi Capitals named Meg Lanning as skipper and Jemimah Rodrigues as vice-captain.
Coffee Day Enterprises Ltd has reported a total default of Rs 465.66 crore on payments of interest and repayment of principal amount on loans from banks, financial institutions and Unlisted Debt Securities as NCDs and NCRPS, for the quarter ended September 30, 2022. Coffee Day Enterprises Ltd (CDEL) which is paring its debts through asset resolution, has a total debt of Rs 490.66 crore, including short-term and long-term debt. "The delay in debt servicing is due to liquidity crisis," said Coffee Day Enterprises Ltd (CDEL) in a regulatory update.
The IOA ad-hoc committee on Wednesday decided to hold much-awaited Asian Games wrestling trials on July 22-23.
Isha's stab at the bottom of the laptop pyramid shows she is a true Ambani.
Barely 10 days left for the extended deadline to expire for picking the Indian wrestling team, the IOA ad-hoc panel has yet again failed to set a date for the Asian Games trials.
The following is the timeline of the chain of events that led to the suspension of the Wrestling Federation of India by UWW, the sport's global governing body.
Asian Development Bank (ADB) has kept its outlook for India's economic growth unchanged at 7 per cent for the current fiscal year while forecasting a weaker-than-previously expected pace for developing Asia. ADB's 7 per cent growth projection for fiscal 2022-23 (April 2022 to March 2023), unchanged from its September forecast, compares to 8.7 per cent GDP growth in 2021-22. For 2023-24, the GDP growth has been kept unchanged at 7.2 per cent.
Launching an occasional feature, capturing the many moods across our land.
The Congress Working Committee (CWC), the party's highest decision-making body, will hold a virtual meeting on Sunday to approve the exact schedule of dates for the election of the Congress president.
Yeh Hai India: Capturing the events and moods across our incredible country.
Ford India, the subsidiary of United States-based automaker Ford on Thursday said it has arrived at a settlement with the employees union on the severance package following the company's decision to shut its Tamil Nadu plant as part of a restructuring exercise. Accordingly, the company would revise the final severance settlement to an average equivalent of 140 days of gross wages per completed year of service from the ongoing offer of 130 days. "An additional one-time lump sum of Rs 1.50 lakh will also be included in the final settlement." Ford India said in a statement.
As the Indian wrestlers await the fate of underfire WFI president Brij Bhushan Sharan Singh, Rio Olympic medallist Sakshi Malik threatened to quit the sport if action isn't taken.
'I also have full faith in the Government of India, who I am sure will take the correct step in the right direction in this regard. However, as the IOA President, I sincerely hope the athletes, under no circumstances, are denied their rights'
India rose two spots to rank eighth out of 63 countries in the Climate Change Performance Index 2023 (CCPI). In the Greenhouse Gas Emissions and Energy Use categories, the country was rated "high". In the Climate Policy and Renewable Energy categories, it earned a "medium" rating.
Demand disbanding of WFI
Pratinav Anil is able to foresee some agency and assertion on the part of India's Muslims. His hope emanates from the citizenship rights movement of Muslims in 2019-2020, notes Mohammad Sajjad.
Many parts of India on Friday, June 10, 2022 witnessed protests by Muslims, demanding the arrest of suspended Bharatiya Janata Party spokeswoman Nupur Sharma and expelled BJP leader Naveen Kumar Jindal over their defamatory comments on Prophet Mohammed.
Net leasing of office space is likely to rise by 41-49 per cent across seven major cities this year on a lower base and improved demand post-pandemic, according to JLL India. Net absorption or leasing of office space stood at 26.2 million square feet in 2021, and it is likely to be in the range of 37-39 million square feet this year across seven cities -- Bengaluru, Delhi NCR, Chennai, Hyderabad, Kolkata, Mumbai and Pune. Nevertheless, the net office leasing will remain lower than the record absorption achieved in 2019 -- the pre-COVID year -- at 47.9 million square feet.
The National Company Law Appellate Tribunal (NCLAT) on Tuesday stayed a Rs 169 crore penalty imposed on Oravel Stays Ltd by the competition commission of India (CCI). Oravel Stays Ltd operates under the brand name Oyo. However, a two-member NCLAT bench while admitting the appeal filed by Oravel Stays Ltd (OSL) directed to deposit of 10 per cent of the penalty amount within six weeks.
How Mumbaikars and Delhi-ites are responding to the Omicron threat.
Youth Congress members staged a raucuous protest against the Modi government over rising inflation and the hike in fuel prices in New Delhi, December 1, 2021.
'The minute I tell couples to use condoms or suggest permanent birth control, they ignore it or just change the topic.'
Scenes from the world over after the Taliban captured Kabul.
SoftBank-backed hospitality major OYO is planning to reduce the number of shares it aims to sell through public listing because of reduced capital requirements and technology headwinds. This comes at a time when valuations of start-ups, including that of OYO, have taken a hit. "OYO earlier filed papers for its IPO (initial public offering) based on its funding requirements at the time.
Apple is hoping to assemble in India 25 per cent of all iPhones produced globally to reduce its heavy dependence on China.
Hundreds of farmers were seen offering sweets to each other at Ghazipur on the Delhi-Uttar Pradesh border to celebrate the 'half victory' of their almost year-long protest.
Poland, Britain against allowing Russian, Belarusian athletes at Paris Games
N Chandrasekaran, chairman of Tata Sons, has been appointed as the chairman of Air India by the airline's board, aviation industry sources said on Monday.
IPO-bound hospitality major OYO has written to the Ministry of Tourism (MoT) requesting it to intervene and investigate the running of the Federation of Hotel and Restaurant Associations of India (FHRAI) and order eviction of erring executive committee members. The hotel aggregator urged the MoT to take necessary action against FHRAI's "illegally run" Executive Committee and its members who are working for self-interest instead of that of small hotel owners. The representation by OYO alleged that FHRAI's actions are detrimental to small hotel owners.
Launching an occasional feature, capturing the many moods across our land.
Clawing the economy back to an 8 per cent growth path will require bringing savings and investment rates closer to 35 per cent on a sustained basis, which were 30.2 and 29.6 per cent, respectively, in FY22, according to a report. As per India Ratings, a large part of investments will have to be in infrastructure, which can help revive private investments by easing supply constraints and offset the weakening of external demand due to global headwinds. Higher investments will have to be accompanied by higher domestic savings to keep the savings-investments gap under check.
A day after rampant cracker bursting on Diwali night, the residents of the Delhi-region woke up with itchy throats and watery eyes as a thick layer of acrid smog engulfed the region on Friday, November 5, 2021
The Indian office real estate market, which had recovered significantly in early 2022, began to slow down in the latter half due to macroeconomic problems in the developed world. Rental yields are likely to be stable at best in FY24.
New Delhi's timing couldn't have been worse, both for India's fledgling electric vehicle (EV) sector and prospective electric bike buyers. It was hard to miss the perfect storm brewing for India's EV industry since early 2022. On one hand, you had several accidents involving battery fires that unnerved consumers; on the other, uncertainty had crept in over subsidies.
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