In 2020 a round of hikes in customs duty on components like compressors, motors and printed circuit boards aggravated the situation, coronavirus crisis is now leaving manufacturers with no option but to hike prices despite fall in sales.
FMCG firms such as ITC, Parle Products, Marico, Emami, PepsiCo India and CG Corp Global on Wednesday assured uninterrupted supply of their products based on the learnings from the last year's lockdown, even as surge in COVID-19 cases in India forced Maharashtra to declare a 15-day curfew while other states also imposing various restrictions.
India will shortly unveil a 'One Nation-One Card policy' for public transport that will entail connectivity between various modes of transport
The airport operations are likely to be disrupted as the employees have threatened to start an indefinite 'non-cooperation movement' from march 12 after the government today rejected their demands for continuing operations of Bangalore and Hyderabad airports. The existing airports in both the metros are to be closed down once the new greenfield airports launch their operations.
Live commerce, quick commerce, group buying, WhatsApp commerce, dukaantech have made their mark.
Barring stray incidents of violence like stone pelting, the shutdown called by the MVA allies Shiv Sena, the Congress and the Nationalist Congress Party was largely peaceful.
More than 25 aircraft of Jet Airways has been grounded by lessors due to non-payment of lease rentals. The airline, which started the winter schedule with 103 planes, is now down to 83.
Protesting farmers owing allegiance to different farmers' bodies blocked state and national highways at several places on Saturday, causing inconvenience to commuters.
The picture looks no better for Wednesday with the weather office forecasting heavy to very heavy rainfall for Tamil Nadu.
The court said that even if there was no direct act of violence attributable to the accused (Zargar), she cannot shy away from her liability under the provisions of the UAPA.
'Tens of millions will be working from home for months at a time, which means the smartest brains in business will be focussed on creating more efficient WFH processes,' predicts Devangshu Datta.
Showing no signs of relenting, Delhi Chief Minister Arvind Kejriwal on Tuesday ruled out negotiations to end the stand off with the Centre and threatened to flood Rajpath with lakhs of supporters that can disrupt Republic Day celebrations.
'And they are going to be milder because we are dealing with the vaccinated and are much richer in terms of the immune response in the population.'
With the expert panel's recommendations, the project comes a step closer to getting the environment clearance (EC), to be given by the Union Environment Minister.
Real estate development on Mumbai airport land and the work on Navi Mumbai airport have been inordinately delayed, which have prompted rating downgrades and raised questions on its financial capabilities. It is also trying to stave off Adani group's entry as a shareholder in the Mumbai airport project.
The two men, who were arrested on August 20 from Fatehabad in Haryana's Hisar district, had claimed that they were cow vigilantes who wanted to draw attention towards protection of cows.
After six weeks into the second half, the faltering offline channel, which traditionally rakes in 60 per cent of sales for the market, has become the biggest hurdle towards the path of revival.
They could try to disrupt Republic Day celebrations or target Advani and some other leaders, Special Commissioner of Delhi police (Security) S K Kain said.
'It is surprising Mumbaikars take it all in their stride, but it has nothing to do with the crappy spirit of Mumbai that television channels extol every time a tragedy hits us, but all to do with the compulsion of stepping out to earn one's daily roti and dal,' says N Suresh.
Turbocharged with technology is becoming the Holy Grail of retail.
10 central trade unions have called a nationwide shutdown against 'anti-worker policies' of the central government. Apart from being successful in Bengal, Kerala and NE states, the bandh has also got support from Cong leader Rahul Gandhi and Shiv Sena in Maharashtra.
Vice-Chairman Arvind Panagariya said that India is facing a health crisis that has led to a sudden stop of the economy.
The $306-million investment in Ola Electric Mobility by SoftBank Corp, Arun Sarin Family, Ratan Tata and Matrix has been the biggest funding in this space in value terms this year.
India will switch to the world's cleanest petrol and diesel from April 1 as it leapfrogs straight to Euro-VI emission compliant fuels from Euro-IV grades now -- a feat achieved in just three years and not seen in any of the large economies around the globe. India will join the select league of nations using petrol and diesel containing just 10 parts per million of sulphur as it looks to cut vehicular emissions that are said to be one of the reasons for the choking pollution in major cities.
'Our network somehow saves 3,000 lives every year, but there's so much more to do, as every death due to shortage of blood is easily avoidable.'
Both protesters and the authorities in Hong Kong are using complex combinations of technology, reports Devangshu Datta.
Cash-&-carry chains claim of the products they sell 85-90% is local.
'While GST and demonetisation are likely to cause disruption for longer than the market currently expects, they can have meaningful positive impact over the medium-term.'
Kejriwal believes in good governance and takes pride in his Hindu identity, points out Sudhir Bisht.
"Terrorists won't win," New York Mayor Bill de Blasio said after a blast at the Port Authority terminal in Manhattan during the morning rush hour on Monday, which injured four.
Prohibitory orders were imposed in Delhi and parts of Karnataka. Police kept tight vigil in Kerala. In Gujarat, 50 people were arrested for Thursday's violence.
During the 13th annual summit, the two prime ministers reviewed developments in bilateral relations and explored new areas of cooperation, focusing on shared vision for peace and prosperity in the Indo-Pacific, where China is flexing its muscles.
The airline dropped fares to gain customer load, but failed to cover the cost of its flights
Even as Delhi Chief Minister Arvind Kejriwal remains adamant about not moving his AAP agitation to Jantar Mantar from Rail Bhawan over a demand for the suspension of 'errant' policemen and full control over the Delhi Police, the Supreme Court on Tuesday agreed to hear a public interest litigation filed against the agitation.
Defying prohibitory orders, protests were held in Delhi, Bengaluru, Hyderabad and several other cities. Protesters, mostly students and activists, were detained on a large scale in national capital and other places.
British banking major HSBC on Thursday announced a consolidation exercise under which it will almost halve the number of branches in the country to 26, which will lead to 300 job losses.
While some states like Kerala and Telangana were badly hit by the strike, the impact was partial in Punjab, Haryana and Maharashtra
Banerjee said she was doing so after consulting leaders of major opposition parties and following 'a favourable court order'.
L&T is the preferred pick, but given the opportunities in the power T&D space analysts are also positive on KEC, ABB and Kalpataru
The renovations at the old hotels will be complete in two and a half years and tariffs will range between Rs 2,500 and Rs 4,000
