Notwithstanding expectations of a pick-up in construction activity during a seasonally strong January-March quarter (fourth quarter) of 2022-23 (FY23), analysts are cautiously optimistic about the building material sector - encompassing paints, pipes, wood panels, tiles, metals, and cement - as volatile input costs, coupled with fears of a global slowdown, are making demand projections uncertain. Against this backdrop, analysts suggest investors stay selective and pick stocks of companies with stronger brand recall, expanding distribution network, diversified product profile, healthier balance sheet, and sustainable cash flow. "The government's various proposals under Budget 2023-24 (FY24) may lead to the building material segment growing between 8 per cent and 12 per cent for the next five years.
A fresh team of 51 National Disaster Response Force (NDRF) personnel is being rushed to earthquake-hit Turkiye even as two teams present there have launched rescue operations at multiple collapsed structures, Director General of the force Atul Karwal said Wednesday.
Amid protests by a group of residents in Joshimath, the Chamoli administration on Thursday put a ban on all construction activities in and around the 'sinking' town even as nearly 50 families staying in houses at risk have been evacuated so far.
No lives were lost after cyclone Biparjoy made landfall. Preparations for Biparjoy were not only extensive, they were also telecast far and wide. Ahead of the cyclone's landfall, Shyam G Menon observes there was considerable publicity on how much the government was geared up to face the storm and its aftermath.
Rare snow leopard sighted in Himachal's Chicham village.
However, the AICC general secretary Jairam Ramesh said the SC committee has limited terms of reference and 'cannot bring out the deep nexus between' the prime minister and the billionaire businessman.
Several retired and serving military officers attend Pervez Musharraf's funeral prayers.
In a letter to the chief secretary, government of Uttarakhand, Union Power Secretary Alok Kumar said the land subsidence in Joshimath was a very old issue, dating back to 1976, and the construction of the 4x130 megawatt Tapovan Vishnugad project started only in 2006 by NTPC.
Water and electricity connections to former chief minister Prafulla Kumar Mahanta's quarters inside the Assam assembly complex were snapped on Wednesday as he has not shifted to a new accommodation despite receiving several notices to do so, officials said.
Prime Minister Narendra Modi took stock of the damage caused by the earthquake in eastern India and has spoken to the chief ministers of Bihar, Assam and Sikkim, government sources said.
Former Bharatiya Janata Party leader Swami Prasad Maurya on Wednesday said he was not going back to the saffron camp and indicated joining Samajwadi Party on Friday.
Tokyo 2020 organisers held an earthquake drill on Thursday at Ariake Gymnastics Centre, a newly built venue for next year's Olympics, to test their readiness
The jewel-encrusted Topkapi dagger and the enormous Spoonmaker's Diamond set amongst two more rows of diamonds were truly gape-worthy!, Letika Saran tells us after a fascinating encounter with Istanbul.
According to a 2020 study Analysis of bridge failures in India from 1977 to 2017, as many as "2,130 bridges" -- excluding culverts and pedestrian bridges -- have collapsed during various phases of construction in the last four decades.
Uddhav Thackeray dared PM Modi to fulfil Savarkar's dream of "akhand Bharat"
Each disaster has the same message: Learn to respect the mountains before you build tunnels, roads, and houses, notes Sunita Narain.
Re-elected National Conference chief Farooq Abdullah on Monday said boycotting the panchayat polls in 2018 was "a huge mistake" and the party must contest every future election in Jammu and Kashmir.
Much of the the-foreign-media-is-biased hysteria that we see on social media these days is provoked by the bad press the regime is getting in the West, points out Vir Sanghvi.
Billionaire philanthropist George Soros believes the turmoil at Gautam Adani's business empire may weaken Prime Minister Narendra Modi's hold on the government -- a statement which was strongly countered by BJP as an attack on Indian democracy.
The entry of the 152-members three NDRF teams and six canines into the disaster zone was swift, and their exit "moving and emotional".
The first quake, a medium intensity one of 4.5 magnitude, hit the Haryana city at 9.08 pm at a depth of 5 km. The second quake was of lower intensity of magnitude 2.9 and occurred at the same location at 10 pm, the NCS said.
'This is probably why the late General Bipin Rawat, who hails from the Garhwal Himalaya, said that the existing roads are fine with the army.'
The full-court press on India over Ukraine, the BBC 'documentary', the Oxfam report, the Hindenburg attack on Adani and obliquely on the Indian economy, and any number of other acts are signs that India is a target, warns Rajeev Srinivasan.
The quake, with its epicentre near Wazirpur in northeast Delhi, occurred at 1.26 pm at a shallow depth of 5 km, said JL Gautam, Head (Operations) at NCS, an institute under the Ministry of Earth Sciences.
Deepa Gahlot lists the most popular Yash Chopra films -- the ones he directed, not produced (yes, so that means no DDLJ) -- that can be watched on OTT.
Figures showed that the worst-hit was Mirpur with 24 dead, nine in Jatlan and one person lost his life in Jhelum.
Pakistan Meteorological Department's earthquake centre said the 5.8-magnitude earthquake was located near the mountainous city of Jehlum in Punjab province.
Bhupendra Patel can never really break free of intervention from New Delhi. But if he can win over the Gujaratis and improve the BJP's tally substantially, he will have proved that he should be taken seriously.
'From environmental impact assessment to forest clearances, this has turned out to be an unscientific road-widening project with catastrophic consequences.'
"There will be new schools! There will be new homes!," wrote Chinese President Hu Jintao on the blackboard of a makeshift classroom in Qinghai, as he visited the quake-devastated region where the death toll in last week's 7.1 temblor mounted to 1,706 on Sunday.
A massive earthquake in a remote northwestern Chinese province killed 589 people and injured 10,000, as thousands still lay buried under flattened buildings, and soldiers and civilians joined efforts to save lives.
Addressing the BJP parliamentary party meeting, Modi said he relished all these challenges during the pandemic and the country also overcame them.
"As so far, 12 people died and another 125 were injured," China Daily reported.
'Domestic will remain very much the core of what IndiGo is.' 'But the emphasis in our next growth phase is going to be on the international side.'
More than 1,200 people are now known to have died in the quake-tsunami that smashed into Sulawesi, Indonesia said on Tuesday. The 7.5-magnitude quake struck just off the central island of Sulawesi, setting off a tsunami that engulfed the coastal city of Palu. People there are growing increasingly desperate for food, fuel and water. Almost 200,000 people are in need of urgent help, the United Nations says, among them thousands of children.
There were no immediate reports of loss of life or property.
The Congress and BJP are apprehensive that AAP might eat into their votes among the Patel community, Kshatriyas, a section of minorities, and Dalits, thus delivering a fatal blow in the closely-contested seats. But the local BJP is elated over the entry of AIMIM as there will be a contender for minority votes apart from the Congress in seats like Bhuj and Mandvi, which have considerable Muslim electorate.
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