'It won't be easy to undo the damage that has been done to the economy by the lockdown and the solution will not come from two minute presentations,' observes Aakar Patel.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
CNG price in the national capital and adjoining cities on Tuesday was hiked by Rs 0.50 per kg, while an imminent increase in petrol and diesel price has been put on wait-and-watch mode for more clarity on global oil prices. CNG price in NCT of Delhi has been increased to Rs 57.51 per kg from Rs 56.51, according to the information posted on the website of Indraprastha Gas Ltd - the firm which retails CNG and piped cooking gas in the national capital. Following the firming up of international gas rates, IGL has been raising CNG rates by up to 50 paise (Rs 0.50) per kg periodically. Prices have gone up by about Rs 4 per kg this year alone.
In May, Satpal Singh, who runs a dairy business with three buffaloes in Jewar, near Noida, was worried about the steep spike in input costs. Singh said dry fodder rates, which cost Rs 1,500-2000 per tractor trolley last year, were quoting at Rs 4,500-5,000. The price of other cattle feed ingredients (that include mustard meal and similar mixes) had also gone up from Rs 2,000 per quintal to Rs 3,100-3,200 per quintal.
The stand by China spelt out by its foreign ministry insisting that it takes the 1959 line on perception of the LAC amid a nearly five-month-long border standoff in eastern Ladakh triggered a strong reaction from India.
A little ahead of Shimla, the town of Fagu is an idyllic escape from the crowd
Joginder Tuteja looks at the numerous times Mr Bachchan has played an older man.
Talks will ensure the rise of Islamism in Kashmir and the death of the Idea of India, warns Vivek Gumaste.
'Private banks are well-placed to deliver good performance over the next six months.'
The Board of Control for Cricket in India has taken a serious view of Virat Kohli's foul-mouthed tirade against an Indian journalist at the ongoing World Cup and asked him to refrain from "any such behaviour in the future".
Bhuj: The Pride of India: Pearl Harbour on a dollar store budget, notes Sukanya Verma.
'These guys who are running away -- they are running away from all that the BJP stands for.'
The price of petrol was hiked to Rs 101.39 a litre in Delhi from Rs 101.19 and to Rs 107.47 per litre in Mumbai, according to a price notification of state-owned fuel retailers. Diesel rates went to Rs 89.57 a litre in Delhi and Rs 97.21 in Mumbai.
The WWE says that India is its biggest market globally in terms of television viewership -- around 350 million unique viewers annually -- social media engagement and YouTube consumption, even claiming that it is the second-most watched sport in the country behind cricket.
Propagating the prime minister's messages doesn't come cheap, reveals an RTI response. The one-year anniversary message, for instance, cost Rs 8.3 crore, reports Prasanna D Zore.
The price of diesel sold to bulk users has been hiked by about Rs 25 per litre in line with a near 40 per cent rise in international oil prices, but retail rates at petrol pumps remain unchanged, sources said. Petrol pump sales have jumped by a fifth this month after bulk users like bus fleet operators and malls queued up at petrol bunks to buy fuel rather than the usual practice of ordering directly from oil companies, widening the losses of retailers. Worst hit are private retailers like Nayara Energy, Jio-bp and Shell, who have so far refused to curtail any volume despite a surge in sales.
India is back on the diplomatic table pushing oil producing countries to raise production in a bid to cool down runaway oil prices. Brent crude oil prices traded above $90 a barrel, on Thursday, for the first time since 2014. Brent is the most popular marker for crude oil trade. It is used as a benchmark for two-thirds of the world's internationally traded crude oil.
India discard Gautam Gambhir is training in Perth under former Australia Test batsman Justin Langer to revive his international career, fine-tuning skills that made him the world's number one Test batsman in 2009.
'I am not the Manas Deka who attacked Kanhaiya,' says the BJP activist who shares the same name with the man who allegedly tried to 'strangle' the JNUSU leader.
India may see a structural shift in supplies of crude oil with Russia emerging as a key source of fuels, a development that reduces New Delhi's dependence on West Asian oil, gives Indian refiners better bargaining power with price-setter Saudi Arabia, and improves overall energy security. The unexpected surge in supplies of Russian crude in the last few months, unthinkable until the war in Ukraine, may also deliver other unforeseen gains such as boosting exports of refined fuels to Europe, which historically has counted on Russian shipments. India has jumped on to the bandwagon of opportunistic buying of Russian crude but if calibrated carefully, Urals crude can be a long-term asset for India refiners.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Stocks of public sector companies, especially the oil refining and marketing companies (OMCs) - Bharat Petroleum Corporation Limited (BPCL), Hindustan Petroleum Corporation Limited (HPCL) and Indian Oil Corporation Limited (IOC) - logged gains on Tuesday in a weak market. While the Nifty lost nearly 1 per cent in trade on Tuesday, the Nifty CPSE index - a gauge of performance of central public sector enterprises on the National Stock Exchange (NSE) - gained over 3 per cent in intra-day trade. The rally in PSU stocks comes on the back of the BPCL chairman, Arun Kumar Singh suggesting in the company's annual general meeting (AGM) on Monday that the government intends to complete the divestment process in the OMC by March 2022.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
The lockdown should have been used to drum into Indians' head the reasons for social distancing and the necessity for it, and the costs of not applying it in our daily lives and it should have been used to set up the systems that would manage large numbers of infected, observes Mihir S Sharma.
Tata Sons stake in the group's listed companies is now worth Rs 9.28 trillion, up 34.4 per cent on a year-on-year (YoY) basis. In comparison, the Government of India's stake in listed central public sector undertakings (PSUs) is currently valued at Rs 9.24 trillion
Arun Jaitley presented the Union Budget in Parliament on Saturday.
The crash between a Kazakhstan Airlines Ilyushin Il-76 and a Saudia Boeing 747 over Charkhi Dadri in Haryana occurred 24 years ago.' During the lockdown, journalist Bhavya Dore reported on it from her home. Her article found a proud mention in the Bloomsburg Jealousy List 2020.
'Beef-eating is the new media frenzy that is being orchestrated to wrongly implicate the BJP government and is reminiscent of the false anti-Christian acts highlighted by the media when the BJP first came to power in 1996,' says Vivek Gumaste.
'Our modern icons have assumed infallibility and think course correction or admission of a mistake as taboo.' 'Much will depend on the sagacity of the national leadership to show humility that our Gods showed.' 'Else, we are doomed in the coming year to divert our attention to firefighting rather than the task of nation building,' warns Colonel Anil A Athale (retd).
A look at Bollywood stars and their popular screen names!
Fashion icons and celebs glam it up at the HT Style Awards.
'There was so much grace, depth and serenity in him.'
Television newscaster Dibang remembers Astad Deboo, the legendary dancer, who passed into the ages on Thursday.
'At Ramjas too, slogans for Kashmir's azaadi were heard. We won't let DU become JNU.'
Despite near-term headwinds of rising input costs and the possibility of lower demand for products as Covid dented rural & urban India, and impacts both production & consumption, analysts remain bullish on stocks of fast moving consumer goods (FMCG) companies and expect the index to relatively outperform its peers in the second half of fiscal 2021-22 (FY22). In the past one year, prices of key commodities such as groundnut oil, mustard oil, Vanaspati, soya oil, sunflower oil and palm oil have shot up in the range of 20 per cent to 60 per cent, data show. The FMCG sector macros in this backdrop, according to analysts, have further deteriorated because of weakness in consumer demand and likely margin pressure due to elevated crude oil, palm oil and global food prices.
If international crude oil prices zoom past the current level of about $90 per barrel and move towards $100 and beyond, middle-class consumers are not going to keep quiet about their discomfort, points out Arun Balakrishnan, former chairman and managing director, Hindustan Petroleum.
Maharashtra Chief Minister Devendra Fadnavis on Saturday exuded confidence that an agreement with the Shiv Sena would soon be reached, even as he said that his party has neither accepted nor denied the "unilateral" support extended by the Nationalist Congress Party.
SP leader Akhilesh Yadav reacted quickly to the allegation, tweeting that the red caps are a 'red alert' for the Bharatiya Janata Party itself as they will oust that party from power.
Mobility company Ola's chief financial officer Swayam Saurabh and chief operating officer Gaurav Porwal are leaving the company. These developments come at a time when the SoftBank-backed company's core ride-hailing unit is planning to go public and for which it raised $500 million from Warburg Pincus and Temasek in July this year. These investment firms had partnered with the company founder Bhavish Aggarwal for this round.
According to media reports, 56 people -- mostly farm labourers working in the fields -- died in Bihar while 44 people were killed across Uttar Pradesh, Jharkand and Madhya Pradesh.
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