India's first solar mission, if successful, will showcase ISRO's ability to explore the cosmos, explains Kumar Abishek.
The fund industry may have embraced machines and robots, but managing money still needs the human touch
As many as 2,000 tourists stranded in Kasol area of Kullu district owing to incessant rainfall have been evacuated safely, Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu said on Wednesday.
Accusing the Congress party of "failing to keep national interests over its political agenda", Union Minister M Venkaiah Naidu on Monday said the chief opposition party stood "isolated" in disrupting the Parliament at a time when MPs of other parties condemned the Gurdaspur terror attack and stood in solidarity.
The civic body's horticulture department fears some of the uprooted trees might be among those tagged as 'heritage trees' by the NDMC, but the team is yet to compile a damage report and ascertain the facts.
Two days after one of India's worst train accidents at Bahanaga Bazar in Odisha's Balasore district, two railway tracks have been made fit to carry trains after bulldozers and cranes removed capsized coaches on the main trunk line connecting eastern and southern India.
Talking to reporters at the accident site, he said the issue is of electric point machine, a vital device for railway signalling, and electronic interlocking.
Taking to Twitter, the Delhi Traffic Police asked commuters to take the alternate route.
Housing sales have risen 49 per cent year-on-year to 83,220 units in the July-September period across eight major cities on pent up demand, despite rise in interest rates and property prices, according to PropTiger.com. Sales stood at 55,910 units in the same quarter last year. The sales have surpassed the pre-pandemic levels of 2019's Q3 (July - September), housing brokerage firm PropTiger.com said on Thursday in its quarterly report Real Insight Residential -- July-September 2022.
Railway officials also indicated that possible 'sabotage' and tampering with the electronic interlocking system, which detects the presence of trains, led to the Friday accident.
Super cyclone Mocha made landfall along the Myanmar-Bangladesh coasts on Sunday after intensifying into the equivalent of a category-five storm, a senior Met official said.
Investors have scaled back their allocation to equities as pessimism has reached "dire" levels due to cloudy economic outlook, according to the latest Bank of America (BofA) monthly global fund manager survey that covered nearly 300 money managers with combined assets of $800 billion. The survey showed that the expectations for global growth and profits are at all-time lows and cash levels are at highest since the 9/11 attacks. Interest rate hikes by central banks, the unwinding of an easy monetary regime, disruptions in global supply chains, and fears of recession have heightened market volatility since the beginning of the year.
'The actions of Indian monetary authorities will depend on how quickly they want the inflation to come down to 4 per cent.'
In his statement on the situation in the war-torn country, he said that 22,500 Indian citizens have returned safely from Ukraine.
Maruti's results and the investor response indicate that quite a few stocks in the auto sector could be on the verge of a big bounce, says Devangshu Datta.
'The wife will not only abuse her husband for giving her less money, but also abuse the government.' 'Look at the price of a cooking gas cylinder, it is Rs 1,200.'
Severe cyclonic storm Mandous will cross the coast between north Tamil Nadu and south Andhra Pradesh around December 9 night and early next day, the regional weather office said on Friday.
India's inflation trajectory in the coming months will be influenced more by the geo-political situation due to the war in Europe and its impact on supply chains and commodity prices. However, the country is better placed than most to "weather the storm" and achieve growth of close to 8 per cent in the current fiscal year, the finance ministry said in its latest monthly economic report on Thursday. "Through the channel of imports, elevated global crude and edible oil prices now have a significant impact on India's inflation outlook. "Government measures to keep the prices of these commodities in check, along with the recent hike in policy rates by the RBI, are expected to temper inflationary pressures in the economy," the monthly economic report for April, drafted by the finance ministry's economic division, said.
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.
The Centre is unlikely to announce an agreement over payment mechanism with Russia until a ceasefire is declared in the Ukraine war, said people in the know. An inter-ministerial group headed by the finance ministry has been meeting regularly for over a month to analyse and discuss payment mechanisms that can work under the current circumstances and ensure the trade between India and Russia is not disrupted. The US had recently said that there would be consequences for countries actively attempting to "circumvent or backfill" American sanctions against Russia.
Since March 2020, WPI food inflation rate continued to fall but the CPI-food inflation rose, signaling a breakdown in supply chain from the mandis to the final household.
In the Kashmir Valley, we need to begin to make a distinction between an insurgent who fights the security forces and a terrorist who murders unarmed civilians, suggests Colonel Anil A Athale (retd).
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 annual threat assessment of the US Intelligence Community released by the Office of Director of National Intelligence (ODNI) also said that the 'expanded military posture by both India and China along the disputed border elevates the risk of armed confrontation between two nuclear powers that might involve direct threats to US persons and interests and calls for US intervention'.
Nearly 28 per cent of urban Indians are planning to spend on gold in the next three months, signalling a renewed appetite for the yellow metal amid the waning effects of second wave of COVID-19, as per a survey. The gems and jewellery industry, which was impacted by the COVID-induced disruptions in 2020, had shown signs of recovery in January-March this year. However, the second wave of the pandemic put a halt to it. Businesses are beginning to look up as state governments are slowly easing restrictions on movements, and organised retailers are hoping consumer demand to show positive sentiment during the festive season this year.
The Indian economy has recovered 'handsomely' from the pandemic-induced disruptions, former Niti Aayog vice chairman Arvind Panagariya said on Tuesday, while expressing hope that the recovery will be sustained and the growth rate of 7 to 8 per cent will be restored. Panagariya suggested that the government must now signal its intention to wind down fiscal deficit by cutting it by half-to-one percentage point in 2022-23. "The Indian economy has recovered handsomely, returning to its pre-COVID GDP... "Only private consumption is still below its pre-COVID-19 level," the eminent economist told PTI in an interview.
New business received by Indian manufacturers expanded at the fastest pace since February.
Although the pact would focus mainly on the Pacific and the South China Sea region, any action designed to deter China with or without New Delhi's active participation is a welcome move, notes Commodore Venugopal Menon (retd).
Developing more sources of supplies to guard against disruptions may emerge as the next big trend. But that may not necessarily mean flow of more investments into India, unless investors are assured, besides important economic factors and impartiality of institutions, that social disharmony will not cause unexpected disruptions.
Lack of sleep affects your mood, brain performance, and overall health besides increasing the risk of many diseases like heart disease, obesity, dementia, and stroke.
If they can sit together and hammer out 'Black Sea Initiative' deal for much needed food shipments, surely, they should be able to address the madness of the larger military conflict?
'A soft landing of the Indian economy would be a long-term positive for the equity markets.'
IndiGo has confirmed the delivery of the next set of 25 ATR-72 jets and will be inducting around 10 planes by the end of this calendar year, making it the largest regional fleet operator in the country.
It demanded that the government take note of the cases of disruptions in television programme signals, investigate and explain how and under what circumstances these 'egregious violations' are taking place.
One Chinese source informed ANI that 10 million new infections are probably occurring daily in China.
'It is our right to protest and draw the attention of this government, which is sleeping and appears blind, as it has failed to see the pain and struggle of the jobless youth.'
The commuters started protesting after a level-crossing gate signal caused a delay in suburban services of Central Railway by over 20 minutes early this morning.
Gaurav Garg, head of research at CapitalVia Global Research Limited will answer your stock market queries.
'The ISI wanted to create internal disruption in the Valley by the killing of the security forces.'
After his wide-ranging talks with Modi on the second and final day of his India visit, Johnson said the new defence and security partnership will enable India to strengthen its domestic defence industry as well as help the two countries protect vital shared interests in the Indo-Pacific.
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