The shortage of semiconductors globally is expected to persist through 2021 and recover to normal levels by the second quarter of 2022, which will constrain the production of many electronic equipment types this year, according to research firm Gartner. Semiconductors play a crucial role in everything, right from computers to appliances, communication devices, transportation systems to critical infrastructure. The breakout of the COVID-19 pandemic had temporarily disrupted semiconductor shipments.
Here's the full text of Prime Minister Narendra Modi's address to a joint session of the United States Congress, delivered on Thursday.
Nirmala Sitharaman's messaging was clear when she presented a well-balanced Budget with an eye on state elections in nine states followed by a general election next year, observes Ramesh Menon.
Union Home Minister Amit Shah on Monday reviewed the preparations for Cyclone Yaas including the evacuation of people on the high seas as well as in vulnerable coastal areas and the safety of COVID-19 facilities.
The High Commission said it was striving to return to its normal functioning soon.
Notwithstanding the inflation pinch, analysts believe the Indian retail sector is on the 'cusp of accelerated earnings growth' as consumer sentiment and discretionary purchases bounce back from the Covid-19 pandemic. "The shift in consumer preference from the unorganised sector to the organised, coupled with uptick in domestic demand as people resume work from office, will cheer the Indian retail sector," says Nishit Master, portfolio manager, Axis Securities. Shopping malls are witnessing increased footfall in lower tier towns and standalone stores as consumption picks up and mobility improves.
After cyclone Hudhud wreaked havoc in Vizag, also called the 'city of destiny', citizens continued to scramble for essential commodities on third day on Tuesday with no signs of immediate restoration of electricity and communication while their sufferings being exacerbated by seemingly tardy response by agencies concerned.
The court said the legal proceedings against the 11 accused were initiated in a 'perfunctory and cavalier fashion' and 'allowing them to undergo the rigmarole of a long-drawn trial does not augur well for the criminal justice system of the country'.
The two countries also asked all nations to stop cross-border movement of terrorists and asserted that a decisive collective response from the international community without 'double standards and selectivity' was required to combat the threat of terrorism.
'Our villagers used to go up to Finger 4 and Finger 6, but today the Chinese are there.' 'Since April 2020, Chinese troops have blocked Indian troops from reaching at least ten patrolling points running from the Depsang plains in the north to Pangong Tso lake in the south.'
'Where Pratidwandi is concerned, there are very few men standing.'
The Russia-Ukraine conflict, which has spooked financial markets globally, will set the tone for Dalal Street this week amid concerns over energy prices and foreign fund outflows, analysts said. Participants will also track key macroeconomic signals like GDP estimates and PMI data for manufacturing and services sectors to be announced this week, they added. "With earnings season behind us and given the overall sentiments, markets are expected to move in sync with global peers in the coming week. "A close eye will be kept on the developments concerning the Russia - Ukraine crisis and considering the inflation overhang, market participants will also observe movements in energy prices," said Shrikant Chouhan, Head of Equity Research (Retail), Kotak Securities Ltd.
China remains a "formidable challenge" that has increased its presence not only along India's land borders but also in the maritime domain, Navy Chief Admiral R Hari Kumar said on Tuesday and asserted that the naval force keeps a regular watch in the Indian Ocean Region.
Floods in West Bengal have claimed over 40, with water levels rising arlamingly in East Midnapore, North and South 24 Parganas, Hooghly, Howrah, Birbhum and Burdwan districts.
The cyclonic storm is likely to move nearly westwards and cross north Andhra Pradesh-south Odisha coasts between Kalingapatnam and Gopalpur around Sunday evening, the Cyclone Warning Division of the IMD said.
A resurgent Svetlana Kuznetsova stunned former World No. 1 Caroline Wozniacki in an absorbing encounter on Rod Laver Arena to reach the quarter-finals of the Australian Open with a 6-2, 2-6, 7-5 victory on Monday.
He said the marriage is a matter of personal liberty and bringing a law to curb it is completely unconstitutional, he said.
