'By the time the goods that were sent from December onwards reached stores in Europe, they became dead inventory as the stores there were closed by then.' 'Those that were in the warehouse there also became dead inventory. Those that reached the ports there also became dead inventory.' 'And what Tirupur produced in March is still here, and they have also become dead inventory.'
Kerala, Andhra, Tamil Nadu and Kerala are facing a severe drought this year, affecting livelihoods as well as lives.
India will require new technical solutions and approaches to solve environmental problems.
'Russia's interest lies in boosting Pakistan's grit and capacity to withstand US pressure,' says Ambassador M K Bhadrakumar.
Too much unsecured loan can harm your CIBIL rating.
Railways is keen to generate additional revenues this year.
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Lenders get a clear idea about your financial health, risk profile and personality trait
Prime Minister on Friday said his government has unshackled several stalled projects across the country.
A Ganesh Nadar/Rediff.com tracks the train from Jolarpettai carrying its precious cargo.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
Kolkata Knight Riders pacer Pradeep Sangwan was slapped with an 18-month ban from cricket after being found guilty of consuming a banned anabolic steroid by the BCCI's Anti-Doping Tribunal.
SBI-led consortium of 17 banks had a total exposure of about Rs 6,500 cr to Kingfisher Airlines.
This is a high-stakes strategic conflict between a power which wants to preserve the status quo in its favour and one which wants to usurp that throne. The rest is all theatre, says Harsh V Pant.
Morocco and Iran's hopes of making a mark at the World Cup before a ball has been kicked, and they head into their opening match in St Petersburg on Friday knowing defeat could likely mean an early exit.
The Supreme Court on Wednesday stayed the summons to former Prime Minister Manmohan Singh and 5 others by a trial court over the coal scam.
The storage of water in the six major reservoirs in the state was just 6.2 per cent of capacity as of April 27, 2017, reports T E Narasimhan and Gireesh Babu.
Athletes from one sport should not be punished for the sins of those from another, the IOC president said on Wednesday, cooling speculation that Russia could be banned from the Olympics altogether for systematic doping.
The IAF faces a 'fighter gap' of 13 squadrons. The IAF would be caught seriously short in a two-front war -- the worst-case planning contingency in which China and Pakistan attack India simultaneously, points out Ajai Shukla.
Bhatnagar is expected to take charge of the CRPF later this week as he is on an official assignment in Indonesia in the capacity of NCB DG.
Several nuclear power projects held up for the lack of such an insurance pool can now be expected to move forward.
Modi made a strong case for a partnership between the producers and consumers in the oil market as it exists in other markets.
'If the US intention was to use the FATF platform to isolate Pakistan and impose sanctions against it, that is not going to work when influential countries such as Turkey, Iran, Saudi Arabia, China and Russia will not lend support to the US campaign,' says Ambassador M K Bhadrakumar.
A primer on how to choose correctly between swiping your card and applying for a loan...
A fall in home loan rates since last September as well as a few provisions in the Union Budget 2016-17 are working in favour of the home buyers, says Rajiv Raj
If you want to keep your CIBIL Score alive and kicking (healthy) make sure you steer clear from the above mentioned common credit score killers.
Prime Minister Modi told President Xi that he has made efforts to improve ties with Islamabad but these efforts have been "derailed".
Gokulnath Shetty, then deputy manager (now retired), Manoj Kharat, a single window operator of PNB, and Hemant Bhat were taken into custody by the agency
Of the 170 million rural households in the country, a government website claims to have connected 82 per cent of them. The metered households are 50 per cent of the total. As on February, 2018, of the 780,000 villages to be intensively electrified or provide connection to all in households, 493,000 have been covered. However, the amount and quality of the power supply cannot be ascertained from this data. No clause in any of the rural electrification programmes promises 24 hours' power supply.
'There are two pre-conditions for big reforms. One, a sense of crisis and second, fairly concentrated levers of power.' 'India is growing at 7.5 per cent or something close to that.' 'Our levers of power are decentralised, not just between the Centre and states. Power is dispersed and there is no sense of crisis.'
The major cause of the floods in Mumbai in 2005 and in Chennai in 2015 has been the reclamation of reservoir areas and rapid, unplanned, urbanisation.
Iran on Thursday ordered a release of an Indian tanker seized by it in Persian Gulf while carrying crude from Basrah in Iraq and taken to its Bandar Abbas Port 24 days ago.
The company had a total debt of Rs 16,010 crore (Rs 160.1 billion).
You may forget about your mistakes but CIBIL keeps an eye and maintains a record of each and every transaction right from your first credit card!
State-run HAL will hand over the first two Tejas aircraft to the IAF on July 1 which will make up the 'Flying Daggers' 45, the name of the first squadron of the LCA which will be based in Bengaluru for the first two years before being moved to Sulur in Tamil Nadu.
'There is simply no evidence of any new or clear policy direction in internal security, and mounting evidence of policy incoherence.' 'Worse, the promise of giving the common man -- and, more importantly, woman -- a greater sense of security has been utterly belied. Indeed, with an escalation of communal posturing and rhetoric, there is a broader sense of uncertainty,' says Ajai Sahni.
Modi government must push reforms at a fast pace to restore growth.
It's been a decade of ordeals for the residents of the plush Mayfield Gardens in Gurgaon who are living in their crore plus apartments without basic amenities of water, power and sewage. A Ganesh Nadar reports.
Each problem is discussed in detail and appropriate remedies are mentioned along with it.