Fitch Ratings on Monday said the plan to privatise two state-owned banks in the current financial year ending March 2022 could face delays amid renewed challenges for the Indian banking sector due to the second wave of Covid-19. The government in the Budget announced plans to privatise two public-sector banks. NITI Aayog has been entrusted with the task of selecting the banks and one general insurance company for the privatisation.
As much as 20 per cent of the gross merchandise value (GMV) of sales made on e-commerce platforms is being financed through the no-cost EMI route, up from 4-5 pc two years ago.
As consumers constantly look for newer choices and wider options, it will be a major challenge for marketers to be tuned to their needs.
Indians prefer to buy electronic products such as smartphones offline. The reason being the ability to "touch and feel"
Chinese tech unicorn ByteDance co-founder billionaire Zhang Yiming on Thursday announced that he will step down as CEO, in a surprise move that signalled a major leadership shake-up at the nine year-old technology firm which created popular global short-video app TikTok. Zhang, 38, who is one of China's wealthiest entrepreneurs, said he is ready to step down after nearly a decade of running the world's largest unicorn, becoming the latest among the country's technology founders to quit in their prime. Zhang will step down from his role as CEO of the Beijing-based ByteDance, giving up his day-to-day responsibilities to "be more impactful on longer-term initiatives," the Hong Kong-based South China Morning Post quoted the company announcement on Thursday.
Two decades ago when someone said, "I am on a diet," you assumed they would be eating less of everything. Today, those few words lead to a whole new discourse, says Ambi Parameswaran.
With diesel cars set to become costlier from next year with the implementation of stricter BS-VI emission norms, major automakers in India are contemplating about the future of such vehicles in their portfolios.
A Harvard professor has alleged it is one of the worst edibles to have.
IT, FMCG and manufacturing sectors are less attractive to foreign portfolio investors
'If I were to live a thousand years, I could not repay the gratitude I feel.' 'To receive love is the greatest thing.' 'What more in life could you wish for?'
Even if our weight yo-yos, our overall health will keep getting better.
There was a surge in the demand for virtual classes for yoga (87%) and high-intensity interval training (HIIT) cardio workouts such as Zumba (72%), aerobics (67%), and pilates (22%).
It is cost effective, involves no cooking and is high on nutrition content.
Maruti has announced it will phase out diesel variants from April 1, 2020, when stringent BS VI norms take effect
While TV remains a preferred medium for FMCG, consumer durables and car and bike ads, the increasing penetration of the social media will also attract marketing and media planners
Days after the Supreme Court observed that the 'success rate' in cases taken up by the Central Bureau of Investigation is perceived low, the agency has informed it that it has achieved the conviction rate of about 65-70 per cent, and would try to raise it to 75 per cent by August 2022.
Indian workforce prefers to work for companies operating in sectors like IT, followed by BFSI and retail & FMCG.
What inspires Designer Amit Aggarwal and why is his flagship Mumbai store so special?
The iPhone SE will replace Apple's ageing iPhone 5s model.
Despite sluggish credit growth, most banks are cautious about growing their unsecured loan portfolio.
Rs 7,024 cr transferred under LPG cash subsidy scheme.
India's real estate industry staged a rebound from 2020's downturn, with housing sales seen rising by over 50 per cent. The performance, though short of pre-COVID levels, has property developers hoping for stronger gains in the New Year and the beginning of a long upcycle. A strong foundation has been laid this year for revival in the Indian real estate sector, which is projected to reach $1 trillion mark by 2030 from $200 billion in the pre-pandemic year.
As far as Saffola is concerned, oil and oats have been successful segments.
In the show-cause notice, Trai said it is of the view that the claim of VIL for providing priority 4G network with faster data speeds is not in compliance with the extant regulatory framework.
In 2020, after the outbreak of the Covid-19 pandemic, several five-star hotel chains commenced home delivery of food as a lot of people preferred to stay indoors. A year later, as the Covid situation worsens, such hotels are going the extra mile to cater for the gastronomical needs of their customers. With health, nutrition, and immunity occupying the mind spaces, these hotels are crafting menus that are not only high on health quotient, but also have food capable of improving the mood. The move, they hope, would help them get more customers as prices are also competitive.
The resurgence of COVID-19 has dented but not debilitated economic activities in the first half of Q1 of the current fiscal even though caseload of infections is much higher than before, according to an RBI article. The ferocity of the second COVID-19 wave has overwhelmed India and the world, the article said, adding that war efforts have been mounted to stop the surge in its tracks. "The impact of the second wave on the real economy seems to be limited so far in comparison with the first wave. Evidently, the localised nature of lockdowns, better adaptation of people to work from home protocols, online delivery models, e-commerce and digital payments are at work," the article on the state of economy authored by RBI Deputy Governor M D Patra and other officials said.
An impulsive decision to resign could eventually turn out to be a big career mistake, warns Srividya Kannan.
A recent consumer survey has ranked Pepsi as the most preferred beverage brand, with arch cola rival Coke trailing in all categories except one.
Naomi Osaka is happy to be lost in her virtual world.
A consumer study has ranked Nokia as the most preferred brand in mobile phones followed by Samsung and Reliance.
Softening rural consumption and the likelihood of weak corporate earnings in the March quarter saw investors dump stocks.
'As valuations of large-caps appeared to be out of whack, investors started lapping up quality mid-caps and small-caps, which were available at relatively comfortable valuations.'
The government must send out a clear signal that leadership positions at regulatory bodies are not a preserve of retired government officials, argues A K Bhattacharya.
According to a new study, habitual tea consumers had a 20 per cent lower risk of heart disease and stroke.
In the list six of the top 25 handsets are from Samsung, five each from Micromax and Sony Mobiles, two from Nokia and Karbonn and one each from LG Mobiles, HTC, Asus, Intex and iBall.
In 2019, the growth in sales of the Maggi brand of products surpassed the pre-ban level of 2014, in terms of both volume and value. While, Nestle raised prices of Maggi products by an average 3.1 per cent, its volume rose by 9.6 per cent year-on-year.
sharper-than-expected economic recovery back home, analysts say, can fuel a further rally in domestic cyclicals, industrials, and financials as global central banks continue with their easy money policy.
Some of the country's largest listed real estate developers - DLF, Prestige Estates, and Puravankara - are foraying into the Rs 50,000-crore residential property market of Mumbai, where home prices are among the highest in the world. All of them are set to launch residential projects in the financial capital of the country, where the market is dominated by players such as Runwal, Lodha, and Oberoi Realty, among others. Leading the race is Prestige, which has lined up 6 million square feet (msf) of new launches in the city across Mulund and Byculla in the third quarter of this financial year (2021-22).
Where paneer came to India from... How sambar got its name... Gulab jamun does not have Indian roots...
A company not only requires ample funds to get it started but also the necessary intellectual and emotional tools to make it a success.
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