Bank of America (BofA) Securities expects India to be the third-largest economy in the world by 2031. The economic rise could become a reality by 2028, but the Covid pandemic delayed the pace, BofA Securities economists Indranil Sen Gupta and Aastha Gudwani wrote in a report.
For 16-year-old Negin Afshar, riding a motorbike around a dirt track in Kabul isn't just about the excitement. It is also a way to show that Afghan women can be tough too in a country where concerns are growing that hard-earned rights might be lost.
On a full year basis, the airline made a loss of Rs 934.8 crore. The company has incurred a net loss during the current and previous year and, the its current liabilities exceeded its current assets
As the second wave of the Covid-19 pandemic abates, India's automakers are hopeful of a quick recovery in sales volumes, led by better rural sentiment, low interest rates, improved availability of finance and a gradual uptick in business and economic activity. In fact, companies have started to ramp up production already, encouraged by high order books and the growing preference for private transport in both rural and urban areas as a means to avoid infections. In early April, the industry had been bullish as the sales trend for March showed that the effects of the Covid-19 pandemic had been left behind. The total vehicle sales had grown by 77 per cent, albeit on a lower base, and for the past few months, sales had consistently touched 300,000 units per month.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
Mental health Anu Krishna offers advice on how to take charge of your life.
Sluggish corporate earnings, lacklustre global markets, FPI and slowdown concerns have played spoilsport for the markets.
With the two armies again in a face-off at multiple points, there is apprehension of renewed clashes.
In a statement issued on Thursday, the Lakshadweep Research Collective said it along with 60 other signatories from the scientific community have written to President Ram Nath Kovind seeking his intervention to withdraw the "incautious draft" Lakshadweep Development Authority Regulation of 2021.
If Irrfan could have been our finest professor of empirical philosophy, and Nawaz is our foremost poet of that space halfway between the gutter and the stars, then Jaideep Ahlawat has to be our greatest artist-scientist, asserts Sreehari Nair.
... Are far-reaching social changes coming with it, asks Ajit Balakrishnan.
Vodafone Idea's net worth (or shareholders' equity) was down 73 per cent year-on-year to around Rs 17,600 crore at the end of the December 2019 quarter after the company reported a net loss of around Rs 6,400 crore during the quarter. Cumulatively, the company has lost nearly Rs 45,000 crore in the last four quarters, eroding its net worth to its lowest level in three-year. Analysts said a such a low level of net worth, coupled with continuing losses in operations, ruled out the possibility of the company getting fresh loans from lenders to fund its adjusted gross revenue (AGR) dues of Rs 54,000 crore.
Instead of getting swayed by market gyrations, investors must stay invested for the long term, advises Sarbajeet K Sen.
'This includes increasing restrictions on freedom of expression and the detention of human rights activists and journalists'
'Never had I imagined even in my wildest dreams that this 18-year-journey through 80 films would bring me so much love, respect and appreciation.' 'I never thought I would become such a charchit abhineta (popular actor).'
In its status report, Delhi Police said that the accused was part of the conspiratorial design to not only cause disaffection but also the use of any means to cause death and injury to persons.
Remember the US withdrawal agreement was signed in February 2020. In the intervening period, a proper evacuation plan ought to have been in place. It was not. Consequently, tens of thousands of Afghans who had worked as interpreters, drivers, suppliers of goods and services, etc, face brutal retribution from the Taliban, Virendra Kapoor points out.
Sharp showers continued to lash many parts of Tamil Nadu, including capital Chennai, resulting in water-logging in many areas and forcing closure of schools in the city even as the weather office forecast more rains.
With BJP workers staging agitations across the state demanding that Thol Thirumavalavan apologise for his remark allegedly denigrating women, the VCK cadres countered it by flash protests and they allegedly attacked saffron party office-bearers at Madurai.
Vijay Mallya-led loss-making air carrier Kingfisher Airlines will need to infuse more funds if its wants to stay afloat, its auditors said.
Members of fan clubs of various leading actors, including Rajinikanth, Kamal Haasan and Vijay, also held prayers, wishing that the singer whose golden voice mesmerised generations for over five decades recover soon.
Already tractor rallies have been held in places like Nawanshahr and Gurdaspur as a build-up to the proposed January 26 event, farmer leaders said. More are planned over the next two days.
'I do not celebrate or feel pride in our having to ban @realDonaldTrump from Twitter, or how we got here. After a clear warning we'd take this action, we made a decision with the best information we had based on threats to physical safety both on and off Twitter. Was this correct?'
Since the RBI is the 'lender of the last resort', as per terms of arrangement, Yes Bank would have to exhaust immediate liquid assets before accessing this fund.
'Chinese dominance reduces India's influence in South and Southeast Asia and erodes its status globally.' 'For a country striving to create a multipolar Asia, it would be a serious setback,' says Brigadier S K Chatterji (retd).
Chief Metropolitan Magistrate Dinesh Kumar directed Delhi Police to file the reply by January 14 on how the charge sheet was allegedly leaked to the media before the court took cognisance of it.
'The question often being asked is whether the demand for petrol and diesel is price inelastic?' asks Arun Balakrishnan, former chairman and managing director, Hindustan Petroleum.
The Supreme Court Thursday termed as 'wholly unacceptable' the Madhya Pradesh high court order setting 'rakhi' tying as a condition of bail to an accused in a sexual offence case, saying it 'transforms a molester into a brother, by a judicial mandate'.
One smells a rat when cases are settled for too small a price offered either by the highest bidder or the promoter -- within and outside the legal ambit of insolvency process, observes Tamal Bandyopadhyay.
The quaint little village of Perumapalayam near Erode is excited about Indian American, Dr Celine Gounder making it to the United States President-elect Joe Biden's COVID-19 advisory board since she has her roots in it and for her continuing support to its residents.
Unaccounted cash to the tune of Rs 64 lakh was seized in two different places during intensified vehicle checks in poll-bound Tamil Nadu on Friday, officials said.
Delhi high court judge Justice S Muralidhar was on Wednesday transferred to the Punjab and Haryana high court. A government notification about the transfer was issued on Wednesday which said that after consultation with Chief Justice Sharad Arvind Bobde, President Ram Nath Kovind on Wednesday transferred Justice S Muralidhar, judge of the Delhi high court, as judge of Punjab and Haryana high court. The notification further said the President has directed Muralidhar to assume charge of his office in Punjab and Haryana high court.
The home secretary is scheduled to brief the panel on home affairs on the situation in Jammu and Kashmir in the next meeting.
Tamil Nadu Chief Minister Jayalalithaa on Thursday launched 'Amma Pharmacy', which will sell quality medicines at 'fair price.'
Images and a round-up of all the World Cup qualifiers played across continents on Tuesday.
Overall, the MF industry saw nearly Rs 5 trillion, or 18 per cent, of asset erosion in March, with the asset base shrinking to Rs 22.26 trillion from Rs 27.22 trillion at February-end.
TCS, HDFC Bank, Hindustan Unilever Limited (HUL), HDFC, Infosys, ITC, Kotak Mahindra Bank, ICICI Bank and SBI closed the week with losses.
The net worth of India's richest man, Mukesh Ambani, dropped 28 per cent, or USD 300 million a day for two months to USD 48 billion as on March 31 due to the massive correction in stock markets, a report said on Monday. The chairman and managing director of the diversified Reliance Industries saw his wealth decline by USD 19 billion (app Rs 144,400 crores) in the February-March period, taking his global ranking down eight places to 17th, the Hurun Global Rich List said.
Rather than worry about what picture of India is being painted in the foreign media, the focus must be on marshalling all our energies to provide relief and solace to our deeply wounded and dispirited citizens, says former foreign secretary Shyam Saran.
