Wholesale inflation fell to a 4-month low of 1.31 per cent in August due to a decline in prices of vegetables and fuel, even though onion and potato prices spiked, according to official data released on Tuesday. Wholesale price index-based inflation fell for the second straight month in August after it hit a high of 3.43 per cent in May. Inflation in July was 2.04 per cent. In August last year, WPI inflation was (-) 0.46 per cent.
India logged 26,964 new coronavirus infections taking the total tally of COVID-19 cases to 3,35,31,498, while the active cases declined to 3,01,989, the lowest in 186 days, according to the Union health ministry data updated.
Just when things started looking good in theatres with Bad Newz, last week's twin releases -- Auron Mein Kahan Dum Tha and Ulajh -- have proved to be party-poopers.
While other backward classes had a share of 9 per cent, there were no scheduled tribe billionaires.
India saw a single-day rise of 12,428 new COVID-19 cases.
The death toll due to the disease has climbed to 4,48,062 with 311 daily fatalities being recorded, according to the data updated at 8 am.
The death toll has climbed to 4,53,042 with 231 daily fatalities, according to the data updated at 8 am.
France qualified for the quarter-finals of the Nations League despite a lacklustre goalless draw against Israel on Thursday.
A key indicator of corporate efficiency may now be better than at any time since the turn of the millennium. The net working capital cycle - a crucial measure that tracks the time a company takes to convert current assets like inventory into sales and then collect the money from customers - has seen remarkable improvement. According to data from the Centre for Monitoring Indian Economy (CMIE), the average company needed nearly 90 days to complete this cycle in 1999-2000.
The death toll climbed to 4,51,814 with 379 fresh fatalities, according to the data updated at 8 am.
The active cases comprise 0.92 per cent of the total infections, the lowest since March 2020, the ministry said, adding the national COVID-19 recovery rate was recorded at 97.75 per cent.
On December 19, 2016, India, under Kohli, scored a mammoth 759 for 7 declared against England at the Chepauk in Chennai to eventually win the match by an innings and 75 runs.
New Zealand can become only the second team to inflict a series whitewash on India in their backyard.
All Indian salt and sugar brands, whether big or small, packaged or unpackaged, contain microplastics, according to a study published on Tuesday.
With 21,257 people testing positive for the coronavirus infection in a day, India's total tally of cases rose to 3,39,15,569, while the number of active cases declined to 2,40,221, the lowest in 205 days, according to data updated by the Union health ministry on Friday.
Balance-level delinquencies in the credit card segment saw a 17 basis points (bps) year-on-year (Y-o-Y) rise in the quarter ending June 2024 (Q1FY25). In all other credit segments, including personal loans, delinquencies declined even as retail credit growth moderated, consequent to banks tightening the supply of credit to the unsecured segments, a report by TransUnion CIBIL said on Monday. Data shows that balance-level delinquencies, measured in terms of 90 days or more past due, in the credit card segment stood at 1.8 per cent in Q1FY25- highest among all other credit segments.
Global rating agency Fitch on Thursday affirmed India's 'BBB-' rating with a stable outlook on strong growth outlook and fiscal credibility. Fitch said India is set to remain among the fastest-growing sovereigns globally with GDP growth of 7.2 per cent in the current fiscal year and 6.5 per cent in FY26, down from 8.2 per cent in FY24. "Fitch Ratings has affirmed India's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-' with a Stable Outlook," the global rating agency said in a statement.
Ricky Ponting hailed Rohit Sharma's 'outstanding' captaincy in India's thrilling six-run win over Pakistan.
Equity market capitalisation dropped to a seven-month low in February, with the top 10 companies losing a whopping Rs 3,33,307.62 crore in market valuation last week. The total equity market capitalisation (m-cap) in February 2022 stood at Rs 2,49,97,053.39 crore. The previous low was in July 2021, when the m-cap of BSE-listed companies was at Rs 2,35,49,748.9 crore. In January, the m-cap stood at Rs 2,64,41,207.18 crore.
India's opening stocks of wheat in the central pool are expected to be 19.5-20 million tonnes as on April 1, 2022, the lowest in the last three years, but much higher than the normative level required for maintaining a buffer and strategic reserve, trade and market sources said. In accordance with the buffer and strategic reserve norms, India should have a wheat stock of 7.5 million tonnes in the central pool as on April 1 each year and this year's stocks, though the lowest in the last three years, will still be over 160 per cent more than what is required. On the export front, both government and trade sources are unanimous that this year (FY22) they will be 7-7.25 million tonnes, a record, while in the next financial year, they might touch even 10 million tonnes if the current momentum is maintained.
Rohit has managed just one half-century in his last eight innings in which he has tallied 104 runs. Kohli's freefall in Test cricket continues. He has fallen to spin three times in the first two Tests. Ashwin, usually, dominant at home, managed just six wickets in the first two Tests at an average of 43.
Despite volume growth in the export segment and strong demand in the domestic market, pricing uptick is eluding Indian agrochemical companies.
Benchmark equity indices Sensex and Nifty slumped over 1 per cent on Friday, tracking a weak trend in global markets and fresh foreign fund outflows. Falling for the third day running, the 30-share BSE Sensex tumbled 1,017.23 points or 1.24 per cent to settle at 81,183.93.
From its highs over the past month, the stock of Procter & Gamble Hygiene and Healthcare fell 7 per cent before recovering this week. The stock has been an underperformer over the last year and has traded flat over this period.
The daily rise in new coronavirus infections has been below 30,000 for 33 straight days.
The country's unemployment rate in July fell to 6.80 per cent, the lowest level in the last six months, amid rising agriculture activities during monsoon, according to Centre for Monitoring Indian Economy (CMIE) data. The unemployment rate dropped to 6.80 per cent in July from 7.80 per cent in June, the CMIE data said. Rural unemployment declined 6.14 per cent to 272.1 million last month from 265.2 million or 8.03 per cent in June, it said.
A reduction of 19,474 cases has been recorded in the total number of active COVID-19 cases in a span of 24 hours.
The national real estate market presents an intriguing picture. Lower volumes and flat pricing serve as dampeners. Sales bookings across the top ten markets have seen 6 per cent growth year-on-year (Y-o-Y) between April and August 2024, but sales volume is down 8 per cent Y-o-Y. Unsold inventory is up.
It was Pakistan's sixth defeat in their last 10 Tests at home and this was also the first time Bangladesh have beaten their neighbours in a Test and series.
The death toll climbed to 4,73,537 with 211 fresh fatalities.
India Inc has reported a muted start to the financial year 2024-25, with a decline in net earnings and a modest single-digit uptick in revenues. An analysis of 488 companies that have released their results for the June 2024 quarter reveals a 1.6 per cent year-on-year (Y-o-Y) drop in combined net profit -- the weakest performance in the past seven quarters. In stark contrast, the combined net profit of these companies experienced a 13.6 per cent Y-o-Y increase in the previous quarter (Q4FY24) and a 65.2 per cent Y-o-Y rise in Q1FY24.
The daily rise in new coronavirus infections has been below 20,000 for 31 straight days and less than 50,000 daily new cases have been reported for 134 consecutive days now.
'There are 725,000 Indians here without proper papers. They are subject to deportation immediately under this (Trump's immigration plan). Immediately!' 'They want to prevent new immigration, get the people who are already here out of here, and only allow population increases in the white population.'
The death toll climbed to 4,03,281 with 553 daily fatalities, the lowest in around 91 days.
The daily positivity rate was recorded at 1.80 per cent. It has been less than three per cent for last 34 days. The weekly positivity rate was recorded at 1.66 per cent. It has been below three per cent for the last 100 days, according to the ministry.
Tanzim Hasan Shakib picked up four wickets as Bangladesh outclassed Nepal by 21 runs.
The death toll has climbed to 5,28,977 with 16 fatalities, which include 12 deaths reconciled by Kerala, data updated by the ministry at 8 am stated.
The daily rise in new coronavirus infections have remained below 30,000 for 11 straight days.
The active cases comprise 0.89 per cent of the total infections, the lowest since March 2020, while the national COVID-19 recovery rate was recorded at 97.78 per cent, the highest since March 2020, the ministry said.
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