India's services sector activity moderated further in January as new business rose at a noticeably slower rate amid the escalation of the pandemic, reintroduction of restrictions and inflationary pressures, a monthly survey said on Thursday. The seasonally adjusted India Services Business Activity Index fell to 51.5 in January, down from 55.5 in December, pointing to the slowest rate of expansion in the current six-month sequence of growth. For the sixth straight month, the services sector witnessed an expansion in output.
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Like Slumdog Millionaire, RRR will remain a one-time phenomenon until another big, larger-than-life, Indian film connects with the critics in the West, predicts Aseem Chhabra.
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'A lot of people who quit felt they have been in the organisation for way too long and needed a better or challenging career role to advance in their careers.'
The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI) was at 54.9 in February, up from 54.0 in January, signalling a stronger improvement in the sector's health. The February PMI data pointed to an improvement in overall operating conditions for the eighth straight month. In PMI parlance, a print above 50 means expansion, while a score below 50 denotes contraction.
All the Android One phones launched together look identical when it comes to build and design.
The water level of the Dhauli Ganga river at Joshimath flowed at a perilously high level, breaching all records, Central Water Commission officials said after a part of Nanda Devi glacier broke off in Uttarakhand's Chamoli district leading to massive floods.
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After extricating five bodies from an abandoned coal mine in Jharkhand's Dhanbad district, government authorities and the Eastern Coalfields limited Wednesday called off the rescue operation, while locals and leaders of political parties claimed more people were still trapped under the debris.
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With the fresh fatalities, the total number of people losing their lives in this year's flood and landslides across the state has gone up to 42.
Joginder Tuteja looks at the big November hits in the past decade.
It stands at a distance watching soundlessly as multiple teams work to reach those buried under mounds of debris and is sometimes heard breaking into howls of anguish -- a canine sentinel watching the rescue mission in its search for its missing puppies.
Prasanna D Zore discovered an electrifying atmosphere as the Yatra passed through Balapur in Maharashtra's Akola district.
I thought Saudi Vellakka a glancing, loving depiction of the judicial system as a pageantry filled with performers trying to do right by everyone, do everything by the book, and failing despite their best attempts, observes Sreehari Nair.
A portion of the Nanda Devi glacier broke off in Uttarakhand's Chamoli district on Sunday, triggering an avalanche and a deluge in the Alaknanda river system that washed away hydroelectric stations, leaving at least seven people dead and 125 missing who are feared dead.
Don't look for a volunteering job for money, but as an investment for life, advises management consultant Virender Kapoor.
The defeat of Dhami who led the BJP's campaign against the Congress in the state throws up a big question before the saffron party on the issue of choosing the next chief minister.
Joginder Tuteja looks back at how Hindi movies have done during this festive season in the last decade.
The iconic Audi 100 won by Ravi Shastri at the 1985 World Championship of Cricket in Australia was restored back to its original glory and handed back to the former India captain and coach by Gautam Hari Singhania, chairman and managing director of Raymond, in Mumbai on Friday.
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Uttarakhand Chief Minister Trivendra Singh Rawat said saving lives and extending all help to the families of the deceased is the state government's priority.
The number of poor people in India fell by about 415 million between 2005-06 and 2019-21, a "historic change" and a demonstration that the Sustainable Development Goal target of reducing at least by half the proportion of men, women and children of all ages living in poverty by 2030 is possible to achieve, even at a large scale, according to the UN.
Chief Minister Yogi Adityanath on Monday invoked the "exodus" of Hindus from Kairana a few years back, telling people in the western Uttar Pradesh town that those who shoot at traders now will be dispatched to the "next world".
India's manufacturing sector activities gained further strength in October as companies scaled up production and stepped up input purchasing in anticipation of further improvements in demand, a monthly survey said on Monday. Robust gains in new work aided production growth in October as output and new orders expanded at fastest rates in seven months, while business optimism hit a six-month high, the survey said. The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI) rose from 53.7 in September to 55.9 in October, pointing to the strongest improvement in overall operating conditions since February.
Prasanna D Zore/Rediff.com reports from Shivaji Park and the MMRDA ground to sense the mood of Shiv Sena workers -- from the Uddhav Thackeray and Eknath Shinde camps.
'From the very start, PM Modi was insistent that visiting foreign leaders should be exposed to an India beyond its capital.' 'Through these experiences, he felt that the full Indian narrative would be much better understood across the world,' explains External Affairs Minister S Jaishankar. A riveting excerpt from Bluekraft Digital Foundation's Modi@20: Dreams Meet Delivery.
Government claims big successes in agriculture, rural roads & investment scenario.
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The seasonally adjusted India Services Business Activity Index rose from 45.4 in July to 56.7 in August, as the reopening of several establishments and increased consumer footfall boosted sales. The services sector witnessed the first expansion in output in four months and a rebound in business confidence.
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More than a year of Covid-19 has pushed most businesses into gloom but Reliance Industries Ltd (RIL) managed to reduce its gross debt 25 per cent, enabling it to turn towards its next phase of capital expenditure that has come in the form of a Rs 75,000-crore plan for green energy and power storage. The company managed to stay afloat during the pandemic because of its large presence in the consumer-centric businesses of retail and telecommunication (see chart: "A new Reliance"). These two businesses constituted 45 per cent of its EBITDA during FY21 from 36 per cent in FY20.
Flipkart has promoted several of its leaders into newer roles at a time when the Walmart-owned e-commerce giant has internally raised its IPO (initial public offering) valuation target to about $60 billion and aims for a US listing in 2023, according to the sources. "I am delighted to announce the promotion of some of our exemplary leaders," said Kalyan Krishnamurthy, chief executive officer, Flipkart Group, in an internal note, and which has been reviewed by Business Standard. "Each of them has been instrumental in delivering impact and creating long-term value for Flipkart.
