The second wave of the pandemic in the country has derailed the recovery momentum of the domestic auto industry, which was poised for a comeback in the current fiscal after witnessing the two consecutive challenging years, ratings agency ICRA said on Thursday. Unlike the first wave where infections were largely localised to urban clusters, the second wave has seen deeper and wider penetration, including into rural hinterlands. Accordingly, outlook for various segments has been revised downwards, it said.
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'How do we ensure that the unlocking, which is desperately needed for earning income and livelihood, will not create ugly spikes in the infection rates?' 'And if it does, what then?'asks Omkar Goswami.
'My father, mother and other relatives died in the landslide'
A ramp-up in COVID-19 vaccination, healthy advance estimates of kharif (summer) crop and faster government spending were the factors which led to the revision, the agency said in a statement. It can be noted that after the 7.3 per cent contraction in 2020-21, there were expectations of a higher growth number in 2021-22.
IMAGES from Day 2 of the 3rd Test played between England and New Zealand at Headingley on Friday.
Cuomo said he will issue an executive order requiring all people in New York to wear a mask in public and the order will go into effect on April 17.
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Like the Shourya and Prahar missiles, the Pralay is powered by conventional solid fuel, and its payload is designed to carry only a conventional warhead.
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Maharaj Bhuralal from JW Marriott, Pune shares his special Navratri recipes.
'From our perspective, it will bring additional customers and from their perspective, it will get them younger customers.'
We hope that the two sides will work in concerted efforts to achieve the goal, Chinese Foreign Ministry spokesperson Hua Chunying said
The output of eight core sectors grew by 16.8 per cent in May, mainly due to a low base effect and uptick in production of natural gas, refinery products, steel, cement and electricity, official data released on Wednesday showed. The eight infrastructure sectors of coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity had contracted by 21.4 per cent in May 2020 due to the lockdown restrictions imposed to control the spread of the COVID-19 infections. In March this year, these key sectors had recorded a growth of 11.4 per cent, and 60.9 per cent in April.
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'Clearly, the next few months will be very challenging for industry.' 'We are clearly in a phase where recovery is a dream.'
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Eminent virologist Shahid Jameel COVID-19 cases in the second wave also won't come down in as steady a fashion as they did after the first wave.
The country's largest software services firm Tata Consultancy Services on Monday opened the fourth-quarter earnings season with a stellar set of numbers, crossing the Rs 50,000 crore revenue mark for the first time and earning a net income of Rs 9,926 crore, registering a growth of 7.4 per cent year-on-year. The company said its revenue jumped 15.8 per cent to Rs 50,591 crore in the reporting quarter on an annualised basis. Many analysts were expecting the Tata group flagship to report over Rs 10,000 crore of net income and revenue to cross the Rs 50,000 crore mark this quarter.
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As compared to Sunday, the metropolis has reported 1,666 fewer cases, but six more deaths.
The ICC is yet to take a call on whether they will go ahead with the scheduled tournament Down Under now that the curve has flattened in Australia and 25 per cent crowd is set to be allowed to enter stadium.
Chef Rupesh Khandekar tells you how to make flavoured modaks.
Hanuma Vihari says poor shot selection led to India getting bowled out for a below-par 242 against New Zealand on a "fair pitch", in the second Test, in Christchurch, on Saturday.
A powerful 5.9-magnitude earthquake jolted a mountainous part of Pakistan's Balochistan province early on Thursday, resulting in collapse of several houses that left at least 22 people dead and over 300 others injured, officials said.
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The Centre said there is an urgent need for states to consider strict COVID management and control measures to bring the situation under control.
Kohli seemed delighted to see his India teammate make an excellent return after a long injury layoff.
'This is a period of significant uncertainty, of unknown unknowns.'
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Feedback from telecom members indicated a 10 per cent increase in traffic, but no fears of choked networks. Telcos currently use 65-70 per cent of the network capacity. In other words, they have enough additional capacity to handle the new pressure without clogging the system.
England captain Eoin Morgan is delighted that his team began its T20 World Cup campaign on a winning note as spinner Moeen Ali exploited the conditions to flatten the West Indies, in Dubai, on Saturday.
'I think Moeen Ali read the conditions beautifully, he took chances when his match-up was in his favour, and to take his opportunity like he has, after the success he's had in the IPL was brilliant.'
Hiring activity in the country, which was hit by the second COVID wave, bounced back with a 15 per cent growth in June compared to May, according to a report. The activity was led by the IT-software/software services sector. The latest Naukri JobSpeak report on Thursday said that India's hiring trends grew 15 per cent in June with 2,359 job postings from 2,047 in May.
The power infrastructure and the farm sector have also suffered a considerable damage, Chief Secretary A K Tripathy said. However officials said the telecom infrastructure is largely intact.
In a letter to the states and union territories, Union Health Secretary Rajesh Bhushan advised implementing strategic interventions for containment like imposition of night curfew, strict regulation of large gatherings, curtailing numbers in marriages and funerals besides increasing testing and surveillance.
The Union Public Service Commission opposed the plea saying all necessary precautions have been taken and adequate arrangements have been made for holding the exam.
One easy dessert and one complicated dessert. Take your pick!
Less than half the ministers in Team Yogi are not long-term BJP members. Many old-timers have been dropped.
