Chinese govt has itself to blame for first trying to slow down the property market and later propping it up.
Declining vegetable prices brought down the retail inflation to a 15-month low of 4.59 per cent in December and within the comfort zone of the Reserve Bank, government data showed on Tuesday. It is for the first time during the current fiscal that the Consumer Price Index (CPI) based inflation print is below 6 per cent or in the RBI's target range of 2 to 6 per cent. The central bank factors in the CPI-based inflation while arriving at its monetary policy. The inflation in December 2020 came down from 6.93 per cent in November, mainly on account of 10.41 per cent decline in vegetable prices over the year-ago period.
CNG price in the national capital and adjoining cities on Tuesday was hiked by Rs 0.50 per kg, while an imminent increase in petrol and diesel price has been put on wait-and-watch mode for more clarity on global oil prices. CNG price in NCT of Delhi has been increased to Rs 57.51 per kg from Rs 56.51, according to the information posted on the website of Indraprastha Gas Ltd - the firm which retails CNG and piped cooking gas in the national capital. Following the firming up of international gas rates, IGL has been raising CNG rates by up to 50 paise (Rs 0.50) per kg periodically. Prices have gone up by about Rs 4 per kg this year alone.
Pooja Khanna, co-founder, Mindhouse app reveals how simple habits can help you relax and sleep better.
Two India squads travelling to different places at the same time could become a norm in the mentally draining world of bio-bubbles that cricketers are forced to live in amid the COVID-19 pandemic, said India captain Virat Kohli on Wednesday.
Bharatiya Janata Party vice president Radha Mohan Singh on Tuesday dismissed speculation over any change of leadership in Uttar Pradesh and called the state government's handling of the Covid pandemic "unparalleled". Singh and BJP's national general secretary (organisation) B L Santhosh are on a three-day visit to Lucknow, meeting party leaders on "preparations to fight Covid" and what participants called "organisational" issues.
Tackle your hair and skin problems with expert help from Dr Dinesh Jain.
Being on an ego trip while investing in the stock market can lead to huge losses.
The primary market is set for a bumper Rs 80,000-crore bonanza with 30 companies already filing IPO papers to raise Rs 55,000 crore, while around 10 more are lined up for this month itself, seeking to mop up another Rs 25,000 crore, say investment bankers. The market has been on a non-stop rally, hitting new records almost every week, on the back of an influx of investors -- a vast majority of them first-timers -- coupled with a flood of liquidity. Foreign funds alone had pumped in a record $35 billion into the market in FY21, while the trend has continued this fiscal as well. Domestic institutions led by LIC have also infused trillions of rupees, helping woo retail investors in troves -- the year saw over 20 million new investors coming to the market.
Nikunj Saraf, Vice President Choice Wealth, will answers your queries.
'Higher than expected inflation in the US or the European Union, faster than expected tightening by the major central banks, break out of a war in Europe, and withdrawal of portfolio equities from the emerging markets are factors which can result in equity market corrections.'
India's foreign exchange reserves declined by a whopping $4.343 billion to $367.646 billion.
Raees has a very bold Shah Rukh Khan who's stepped out of his comfort zone of crinkly eyes and dimpled cheek, says Saisuresh Sivaswamy.
A dominant force in the country's politics for decades, the grand old party's free fall continued as it lost Punjab to AAP and finished with just two seats out of 403 in the politically crucial state of Uttar Pradesh.
The Reserve Bank of India (RBI) recently said no entity in the card transaction or payment chain, apart from the card issuers and card networks, will be allowed to store sensitive user data from January 1, 2022. Instead, in transactions card data will be converted to tokens.
India's Test vice-captain Ajinkya Rahane said cricketers will need at least a month of training before resumption of competitive games, which should happen only after a vaccine for the dreaded coronavirus is discovered. Rahane also said that in a coronavirus-scarred world, the lifestyle of cricketers will undergo a change as far as pre and post-match routines are concerned.
The purchase or construction of houses by large numbers of people can add meaningfully to India's economic growth, points out Neelkanth Mishra.
'While we conversed in Marathi, she would always make it a point to ask me in English, "Are you okay? Have you eaten?"' 'I sorely miss that care and concern.'
Rediff.com introduces you to the athletes who have brought India glory in Birmingham.
Olympic-bound Ravi Dahiya could not take advantage of a tiring Gulomjon Abdullaev in the final after outclassing the same Uzbek wrestler in his opening round and settled for a silver medal at the Poland Open in Warsaw on Wednesday.
While study was done before the current boardroom battle began, the findings indicate Tata is no longer viewed as aspirational brand by working professionals.
Indian fashion, mostly, has been either inexpensive streetwear or wedding wear lacking elegance Varana brings. Kishore Singh drops by the brand's flagship store on London's iconic Dover Street.
Venus Williams got off to a flying start in her return from a two-month layoff but her game quickly fell apart as the seven-time Grand Slam champion slumped to a 0-6, 6-4, 6-2 loss to Kirsten Flipkens in the Rogers Cup first round on Tuesday.
The fear of price rise gained momentum after reports surfaced that the NAFED procured 50,000 tonnes of onion this season.
When is comes to Indian tennis, it has to be the year of Sania Mirza! The Hyderabadi ace set aside all controversies and soared. Having overcome career-threatening injuries she was back to winning ways. Sania won her third mixed doubles Grand Slam title and wrapped up a dream season with the year-end finale trophy even as India's established male tennis players found the going tough in 2014.
Markets
However, in the first quarter when the country was under a lockdown, net financial savings rose to 21 per cent of gross domestic product (GDP), according to the data released in the RBI's monthly bulletin.
There is nothing to suggest that the DMK stands to gain from the AIADMK split nor is there anything indicative of an extraordinary advantage for the BJP, independently or in the company of the AIADMK, explains N Sathiya Moorthy.
Isn't it time to review the 'fit and proper' criteria for banking licence, particularly with reference to individuals applying for it, asks Tamal Bandyopadhyay?
Through a combination of local manufacture and imported CBU models, the company makes and sells four SUVs, one hatchback, and one sedan.
The victims of Kurichedu village had been drinking sanitiser for the past few days, mixing it with water and soft drinks, Prakasam district Superintendent of Police Siddharth Kaushal said.
Besides law and order, the long standing demand for junking Armed Forces (Special Powers) Act, economic woes of the land-locked state which has hardly any industries, are expected to figure high on the agenda of the unfolding electoral battle between the two main parties with smaller local parties such as National People's Party and the Naga People's Front chipping in with their own demands.
'Before Maradona and the 1986 World Cup people were mostly fans of Brazil, but Maradona after the 1986 World Cup divided Kolkata in two halves.'
Payments can be made till April 21; for motor the relaxation is only for third-party insurance.
The good friends, who share the same surname, graced the cover of Elle mag's July 2018 edition.
Sibal said the BJP always tries to gain a foothold in states where its presence is limited and afterwards "dumps" its allies.
India's wheat exports could touch a new record of 10 million tonnes in 2022-23, up from a record seven million tonnes in the current financial year, if global market conditions remain choppy and no curbs are imposed on outbound shipments. That is the bullish estimate by officials from global trading firms and market watchers who say the Russia-Ukraine crisis has not only attracted global buyers to India but also pushed the price of Indian wheat from around $320 per tonne (FOB) to over $360 per tonne in less than 10 days. Food secretary Sudhanshu Pandey told reporters that wheat exports till February-end have already reached 6.6 million tonnes and by the end of March, outbound shipments will reach seven million tonnes.
14 Phere delivers on the feel-good factor, but if you are looking for ground-breaking humour, it will fail to work its way into your hearts, notes Anita Aikara.
CEOs expect to finish the ongoing March quarter with positive growth as the corporates get back to work in full strength.
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