Fast-moving consumer goods (FMCG) distributors' association has written to the finance ministry, highlighting concern over fund utilisation and fund accumulation by quick commerce companies and deep discounting of goods on their platforms. According to a recent letter seen by Business Standard, All India Consumer Products Distributors Federation (AICPDF) noted that its analysis indicated that approximately 80 per cent of these funds were directed toward customer acquisition strategies instead of creating cutting-edge innovations or sustainable growth models for the retail sector.
In a significant move to control spiralling onion prices ahead of the festive season, the government will transport 1,600 tonnes of buffer stock via railways from Maharashtra to Delhi - the first such initiative using rail transport for the kitchen staple. The special rake, dubbed 'Kanda Express', will depart from Maharashtra's Lasalgaon Railway Station and reach Delhi's Kishanganj Railway Station on October 20, Consumer Affairs Secretary Nidhi Khare announced on Thursday. The government expects this bulk movement to help stabilise prices in the Delhi-NCR region, where buffer stock onions are currently being sold at a subsidised rate of Rs 35 per kg.
Human Metapneumovirus (HMPV) is a respiratory virus that causes illnesses ranging from mild respiratory discomfort to severe complications. It spreads through respiratory droplets, similar to other respiratory viruses such as RSV and influenza. This article provides an overview of HMPV including its symptoms, transmission, prevention, diagnosis, treatment, and how it differs from COVID-19.
State-owned Oil and Natural Gas Corporation (ONGC) expects a USD 10.3 billion revenue boost from increased oil and gas production, achieved through a partnership with UK's BP in the Mumbai High field.
India has expressed concerns over a rise in violence against Hindus and other minorities in Bangladesh and Pakistan, reporting 2,200 cases in Bangladesh and 112 in Pakistan this year. The Indian government has urged both countries to take measures to ensure the safety of minorities and has highlighted the issue at international forums. The government has also stated that it is monitoring the situation closely and has shared its concerns with the respective governments.
BP Plc has won a bid to operate ONGC's giant Mumbai High oil and gas field by offering up to 60 per cent increase in output over baseline, the state-owned firm said on Wednesday. State-owned Oil and Natural Gas Corporation (ONGC) had in June last year floated a tender seeking foreign partners to reverse declining output at its flagship Mumbai High fields, offering a share of revenue from incremental production plus a fixed fee but not any equity stake.
The post recovery convalescence is expected to keep Green out of action for approximately six months
The Supreme Court criticized the Punjab government for making irresponsible statements regarding farmer leader Jagjit Singh Dallewal's indefinite fast and questioned the intentions of some farmer leaders. The court emphasized that it never directed Dallewal to break his fast but expressed concern for his health and urged medical aid. The bench expressed frustration over the government's attempts to create an impression that they were persuading Dallewal to end his fast, despite the court's directives to provide medical aid.
Odisha FC and Mohun Bagan Super Giant played out a 1-1 draw in an exciting Indian Super League match at the Kalinga Stadium in Bhubaneswar on Sunday.
Three late goals from Amad Diallo dragged a below-par Manchester United to an unlikely 3-1 comeback victory over bottom side Southampton.
After depreciating 0.32 per cent against the dollar in October so far, the rupee is expected to hold ground against the greenback in the current quarter on the back of robust inflows. According to the median of a Business Standard poll of 10 respondents, the rupee is seen trading around 84 per dollar till the end of December. "In India's case, at least the bond and cash related inflows will continue.
On January 10, the top court had refused urgent hearing of the plea, saying there are 'democratically elected institutions' to deal with the situation and all important matters should not come to it.
'If you want to win you need to perform.' 'Governments have found a way to buck anti-incumbency, but one policy intervention will not pay in all elections.'
Tamil Nadu Chief Minister M K Stalin has strongly opposed the central government's award of tungsten mining rights in Madurai district, urging Prime Minister Narendra Modi to cancel the decision. Citing concerns about a biodiversity heritage site and potential impacts on local communities, Stalin asserted that the state government will not permit mining in the area.
Uber has rolled out the 'women rider preference' feature, an industry-first initiative that allows women drivers to choose to accept only women riders.
Once Vidarbha posted a massive 221 for six, Mumbai needed a strong chase and Rahane led from the front with an 84 off 45 balls (10x4, 3x6).
As Parliament gears up for a stormy start next week over the Adani issue, the government has listed 16 bills, including one to amend the waqf law and five new ones, for the winter session.
Banerjee stressed she wished for harmony, fraternal ties and cordial relationship to remain between all communities living in Bangladesh and elsewhere.
Amid Delhi's worsening air quality, which has plunged into the severe plus category with an AQI consistently above 450, Environment Minister Gopal Rai on Tuesday called for immediate intervention from the central government.
Malavika shows off her long tresses... Shriya craves for a holiday... Nimrat visits a temple...
It is important to note that neither of the patients have any history of international travel, the ministry underlined.
Bibek Debroy was one of the very few economists not bound by any single area of expertise and was simultaneously curious about economics and politics, myths and maths, chess and chemistry, and what not, remembers Laveesh Bhandari.
A bench of Chief Justice DY Chandrachud and Justices PS Narasimha and JB Pardiwala asked petitioner Swami Avimukteshwaranand Saraswati to approach the Uttarakhand high court with his petition.
The Congress slammed Ravi Shankar Prasad, accusing him of distorting, twisting and lying "with a straight face".
While liquidity in the banking system has turned surplus in the last few weeks, it could go back to deficit again, mainly due to corporate advance tax outflows. The net liquidity surplus of the banking system rose to touch Rs 1 trillion on Tuesday on the back of government spending, according to the data released by the Reserve Bank of India.
As a consequence of prominence given to the brutality during those few days, a very important aspect of that episode got almost glossed over. This was the intervention by a very significant section of people who restored faith in humanity, and conveyed the message that only a small section of Indians, that too politically backed, were consumed by anti-Sikh majoritarianism. The overlooked facet of the events of 1984 was the story of significant sections of the city's populace, public figures and nondescript ones, stepping out hand-in-hand, to first stand with little but bravery in hands, in the way of attackers, and thereafter to provide immediate relief to those who lives were uprooted and who lost family members in the violence, recalls Nilanjan Mukhopadhyay.
SBI Mutual Fund recently launched the SBI Quant Fund. Its new fund offer (NFO) opened on December 4, 2024, and will close on December 18, 2024. Currently, 11 fund houses manage quant funds with assets worth Rs 9,013.6 crore.
Rajinikanth, who had been admitted to Chennai's Apollo Hospital on September 20 after complaining of ill health, was discharged on Thursday night.
Dr Ruchit Shah, interventional cardiologist at Mumbai's Masina Hospital, tackles important questions related to the heart.
The Congress hit back at Nadda, saying his letter to Mallikarjun Kharge is a "4D exercise - denial, distortion, distraction, and defamation".
India's foreign exchange reserves fell for the fourth consecutive week after reaching an all-time high last month. In the week ending October 25, the forex reserves declined by $3.46 billion to $684.80 billion, according to data released by the Reserve Bank of India (RBI) on Friday. In the three preceding weeks, reserves dropped by $3.7 billion, $10.7 billion, and $2.16 billion, respectively, the data showed.
The Supreme Court on Monday suggested that Parliament should seriously consider bringing an amendment to the Protection of Children from Sexual Offences (POCSO) Act for substituting the term 'child pornography' with 'child sexual exploitative and abuse material' with a view to reflect more accurately the reality of such offences.
Former Indian Prime Minister Manmohan Singh's effusive praise of US President George W Bush during their 2008 meeting in the White House is revisited as a testament to their close relationship and the impact of the landmark Indo-US civil nuclear deal. Singh's statement, while drawing criticism from the Left and BJP, highlighted the transformative nature of the relationship between the two democracies. The article explores the context of their meeting and the broader significance of their relationship in the context of the Indo-US nuclear deal.
NSG 'Sky Marshals' travel alone or in pairs on-board Indian airlines aircraft like normal passengers but they have a concealed weapon and some specialised gadgets to combat hijackers and rescue passengers in case such an incident takes place.
Former Indian Prime Minister Manmohan Singh passed away on Thursday night at the age of 92. He was brought to the emergency department of AIIMS Delhi in critical condition after "sudden loss of consciousness."
In a statement, the department of consumer affairs said about 18,000 kg of tomatoes were sold across Delhi-NCR to retail consumers.
The rupee remains overvalued against the currencies of India's trading partners, even as it hit record lows against the dollar in August and September. According to the Reserve Bank of India's (RBI) real effective exchange rate (REER) index, the rupee stood at 5.5 per cent above its fair value in August, down from 7.7 per cent in July. This slight easing followed fears of a US recession and the unwinding of yen carry trades, which exerted pressure on the Indian currency.
Out-of-form skipper Rohit Sharma's batting position will be in focus against a dangerous Australia
To curb raw material imports from China and promote textiles, the Uttar Pradesh government is looking to set up nearly a dozen private textile parks in the state. The textile parks would be established under the UP Textile and Garmenting Policy 2022.
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