Twenty competitors were injured, three of them seriously, in the popular 'Jallikattu' (taming the bull) event held at nearby Palamedu as part of Pongal harvest festival.
Automotive (auto) and consumer appliance companies are hoping for a bounty from the harvest season after two consecutive dry spells in 2020 and 2021. The season, which also marks the beginning of the regional New Year, kicked in across the country from April 1 - Gudi Padwa in Maharashtra; Ugadi in Karnataka, Telangana, and Andhra Pradesh; Bihu in the Northeast; and Chaitra Navratri in the North. Manufacturers and retailers of cars, two-wheelers, and consumer appliances said they have seen demand pick up year-on-year (YoY) at a brisk pace across categories.
The fast-moving consumer goods (FMCG) sector has underperformed the Nifty over the past year as its 20 per cent return is trumped by 29 per cent of the benchmark index. The FMCG index saw a 2.2 per cent drop in the last session, while the Nifty lost 1 per cent. FMCG is seen as a defensive segment. The demand for staples like personal care products, groceries and snacks tend to be stable. FMCG companies are consistent dividend-payers.
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The petitioner demanded that Jallikattu must be conducted under the supervision of the district collector.
On September 10, 'Uttradam', a day ahead of the harvest festival Onam when the outlets are shut, liqour worth Rs 90.32 crore was sold.
'Happy Onam to all Malayali friends .. specially to my friend @sreesanth36'
The police said that two NEEPCO security guards and two children were killed when suspected Black Widow militants opened fire on the Kopili Power House of the Kopili Hydro-electricity Project of North Eastern Electric Power Corporation, located approximately 22 kilometers away from Umrangshu, at around 1 pm on Monday.
The banned United Liberation Front of Asom on Friday gave a strong message to the government that it may be down off late because of the reverses it has suffered in Bangladesh and in the wake of arrest of so many of its top leaders, saying it is definitely not.
Recitations from ancient Hindu scriptures reverberated in a Christian church in Nevada on the occasion of Thanksgiving eve service. Rajan Zed, a prominent Hindu chaplain, read from the Rig Veda, the Upanishad and the Bhagavad Gita in the Trinity Episcopal Church in Reno, Nevada, during the twenty-second Annual Thanksgiving Service of Northwestern Nevada held on Wednesday evening. Various faith traditions in northwestern Nevada came together to share the spirit of love.
The security forces in Assam have decided to beef up security throughout the state after receiving intelligence inputs about militants' design to carry out attacks during Christmas and harvest festival Bihu.
Pradip Gogoi, arrested on April 8, 1998, is in judicial custody at the central jail in Guwahati, Anup Chetia, who was held in Dhaka on December 21, 1997, is still in detention in Bangladesh. Ideologue Buragohain is now in Tezpur jail, Sonitpur. On December 4, Rajkhowa and Raju Barua were arrested by Border Security Force men.
The event -- held as part of the harvest festival, Pongal, with fanfare -- attracted hundreds of people from the district as well as from the neighbouring areas. It was the first such event held after the apex court reversed its order and granted conditional permission following a petition by the state government.
The Mi-17 helicopter with Rijiju and seven other passengers and crew members on board was flying from Guwahati to Ziro in Arunachal Pradesh when it faced heavy rains and fog on Tuesday afternoon.
The harvest festival of Pongal was celebrated across Tamil Nadu on Friday, though the festivity was low key in southern districts, including Madurai, following the Supreme Court ban on the bull taming sport of Jallikattu.
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Retail sales of automobiles in the domestic market saw a 7.73 per cent year-on-year decline in October this year at 21,17,596 units, mainly due to dip in two-wheeler uptake with the inauspicious period of Shraddh affecting new purchases, the Federation of Automobile Dealers Associations (FADA) said on Monday. Retail sales of automobiles in the domestic market stood at 22,95,099 units in October 2022, FADA said in a statement. Two-wheeler retail sales were at 15,07,756 units last month, as against 17,25,043 units in the year-ago period, down 12.60 per cent, as per the latest data by FADA.
The growth in the PV segment was primarily led by car market leader, Maruti Suzuki India, which saw its dispatches to dealers grow 4.4 per cent YoY to 144,277 units after 10 months of drop. It was driven by new launches, such as the S-Presso, a mini sport UV.
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Severe skilled, unskilled shortage threatens to pull emergency brakes on India's industrial engine.
The woes have become a serious issue of concern for Bengalureans, especially in Whitefield, KR Puram, Electronic City, RR Nagar, Kengeri and CV Raman Nagar.
The stock of Mahindra & Mahindra (M&M) has been touching successive all-time highs on the bourses and, over the past year, gained 81 per cent. While the S&P BSE Auto Index has not performed poorly, registering gains of 73 per cent, it still trails the company by 800 basis points (bps) during this period. There are multiple reasons why investors are beating a path to M&M's counter.
The Supreme Court on Thursday upheld the validity of the Tamil Nadu law allowing bull-taming sport "jallikattu" in the state.
Companies manufacturing fast-moving consumer goods (FMCG) continue to see rural stress sustain and it continues to trail urban demand. At the Confederation of Indian Industry's FMCG summit, managements of various companies pointed out urban demand continued to grow while rural demand remained under pressure because incomes were under stress in rural areas. "Due to rural stress, volumes continue to remain an issue for the industry and we are yet to see any revival in demand," Sudhir Sitapati, managing director (MD) and chief executive officer (CEO) at Godrej Consumer Products
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Since the Supreme Court has banned the bull-taming sport of Jallikattu, normally conducted on Mattu Pongal day, the festival is expected to be low-key in Madurai and neighbouring districts, where it is widely popular.
Lower income groups earning less than Rs 100,000 a year are yet to recover as are those earning between Rs 100,000 and Rs 200,000.
The country has produced a record harvest, but many farmers in the onion bowl of Maharashtra have lost a large share of their crop damaged in storage, adding to the country's inflation woes.
The national award-winning actor had organised a mass Vishu kaineettam campaign earlier this week in Thrissur, where he unsuccessfully contested in the last assembly and Lok Sabha polls.
'In staples, we have still managed in rural areas.'
The Supreme Court, which is hearing a challenge to a Tamil Nadu law allowing jallikattu, on Wednesday observed that the "ultimate question" perhaps might be whether the bull-taming sport, dubbed by many as cruel to animals, can be allowed in any form.
The petitioners challenging a Tamil Nadu law allowing bull-taming sport Jallikattu argued in the Supreme Court on Tuesday that when the law prohibits cruelty to animals there cannot be an amending Act which perpetuates cruelty.
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'Due to rural stress, volumes continue to remain an issue for the industry, and we are yet to see any revival in demand.'
After a stellar run on the bourses that saw tractor stocks rise up to 52 per cent, analysts are turning cautious on the sector as muted demand trends may weigh in the near-term. Total volumes in the tractor segment for the last three quarters of the current financial year (9MFY24) have remained weak with VST Tillers, Escorts Kubota, and M&M seeing declines of 21 per cent, 5 per cent, and 3 per cent year-on-year (Y-o-Y), respectively, during the period, amid patchy rainfall, delayed crop harvest, and lower reservoir level. Across industry, total domestic sales volume so far in the current financial year (April '23 to January '24) has declined 5 per cent Y-o-Y, as per Tractor Manufacturers Association (TMA).
After a steady surge, prices of pulses, except those of urad and masoor to some extent, are showing signs of stabilising amid a revival of monsoon rains over major growing areas of Maharashtra and Karnataka, and on expectations of a rise in imports. Chana prices, which too had moved up in recent months, have dropped by almost 3 per cent since the end of August due to increased liquidation of government stocks, official data shows. Monsoon rains seem to have benefitted the standing soybean crop as well.
As winter fades and the sun's warmth begins, once again, to make its presence felt, India celebrates one of its oldest and most important festivals.
The California walnuts shipped from the US to India have seen a sharp uptick with imports more than doubling from September to November against the same period last year. This comes after New Delhi removed its retaliatory customs tariffs on the key dry fruit. Two days ahead of US President Joe Biden's visit to New Delhi to attend the G20 Summit on September 9-10, India dropped additional customs duties on about half a dozen US goods that were imposed in 2019 in response to America raising tariffs on certain steel and aluminum products coming from India.
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The price of export quality lady's finger, for example, shot up 150 per cent in two weeks to close on Thursday at Rs 40 a kg against Rs 16 a kg on September 16 in the Agricultural Produce Marketing Committee, Vashi, near Mumbai.
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