The country's manufacturing sector activity grew at the slowest rate in four months during March, hampered by softer rises in new business as international demand faltered owing to the coronavirus pandemic, a monthly survey said on Thursday. The headline seasonally adjusted IHS Markit India Manufacturing PMI fell to 51.8 in March, from 54.5 in February, signalling the slowest improvement in business conditions since November 2019. This is the 32nd consecutive month that the manufacturing PMI has remained above the 50-point mark.
Consumers can expect a 5G launch in the country soon. Telecom companies (telcos) say if auctions take place on time - the target is July - they would be able to offer some services in a few cities by the end of this year and a full roll-out from 2023. But the question is: will 5G turn the tables for telcos financially? Will average revenue per user (ARPU) improve? Will mobile consumers upgrade to 5G quickly and pay more? Will the expanded functions that 5G enables drum up sufficient revenues? In simple terms, will telcos make more money?
Embargo on imports from a neighbouring country would send a chilling signal to foreign investors who look for transparency and companies with manufacturing units in India had requested the government to publish any change in port policy "to provide the business community with the visibility they need to function", says United States-India Strategic Partnership Forum.
'These guys who are running away -- they are running away from all that the BJP stands for.'
IMD Director General Dr Mrutyunjay Mohapatra said that 'Yaas' is likely to intensify into a Very Severe Cyclonic Storm by Tuesday evening and Chandbali is likely to witness the maximum damage caused by it.
'There are some high-frequency indicators where uptick is visible and some where it is not'
'There is a lot of interest from potential clients who have remained away from the markets in past years.' 'They are evaluating whether this is a good time to enter, especially since there are very few alternatives to earn meaningful returns.'
Sedentary lifestyle habits -- especially the ones that young working professionals have developed during the COVID-19 pandemic of being at home -- can lead to infertility, alerts fertility expert Dr Gunjan Sabherwal.
It was women who unambiguously bore the brunt of the lockdown joblessness, says Kanika Datta.
The Indian economy is rapidly normalising towards pre-pandemic activity levels, even as uncertainty exists about coronavirus mutations and repeated infection waves, industrialist Kumar Mangalam Birla said on Wednesday. Vaccination is picking up pace, which would improve India's resilience against a potential third wave, the chairman of Aditya Birla Group said while virtually addressing shareholders at the AGM of group firm UltraTech Cement Ltd. Moreover, various steps taken by the RBI and the government have helped in containing the economic disruptions of the pandemic, Birla added.
Parliamentary standing committee on labour, led by Biju Janata Dal MP Bhartruhari Mahtab, has said in its report that it is unjustifiable for owners to pay workers' wages during natural calamities.
There have been over 300 attacks against Christians and their churches and prayer halls, primarily in northern India, states Aakar Patel.
There are various estimates of India's debt to GDP ratio, but the consensus is that that it would be over 80 per cent at the end of the current fiscal year.
'We showcased about 20 use cases in 5G trials in Pune and Gandhinagar and some of them were interesting and innovative.' 'However, which ones will take off and which ones would not be relevant, we don't know yet.'
Rain and thundershower lashed many places in Ganjam, Khurda, Puri, Cuttack, Jagatsinghpur, and Balasore in Odisha, disrupting normal life, the weatherman said.
Superintendent of Railway Police (Jamalpur) Vimal Kumar on Tuesday said over 100 ultras detonated dynamites to damage a stretch of track in both up and down lines near the outer signal on Monday night. Rail traffic was disrupted for several hours in the Jamalpur-Malda section because of the explosion, he added.
Despite being a neighbour, Pakistan has never accounted for more than 2 per cent of India's total exports, and its share in India's total imports is less than 1 per cent. On the other hand, bilateral trade between India and Bangladesh has increased five times.
India was already in the midst of a protracted economic slowdown before the virus hit due to a festering crisis among shadow lenders and declining consumer demand and private investment. Service sector activity in India is still effectively on hold.
Sweden's Daniel Chopra took a one-stroke lead into the final day of the Iskandar Johor Open in Malaysia after the tournament was reduced to 54 holes on Saturday due to several weather disruptions.
An astrologer told Ramesh Menon that he was increasingly having worried parents asking him about the future of their children who were showing serious behavioural changes like lack of tolerance towards others, shunning social interaction, and even violent behaviour. They were worried because they had never ever seen such traits in their children before the pandemic.
Ahead of the budget session, PM Narendra Modi appealed to the opposition to allow Parliament to function. While his call was taken positively by most of the parties, the Congress signalled that disruption will be their main weapon to raise several issues.
Ahead of expelled leader Sasikala's return on February 8 to Tamil Nadu from Karnataka, the ruling All India Anna Dravida Munnetra Kazhagam on Saturday lodged a complaint with police against her camp alleging a 'conspiracy' to unleash 'violence' and sought action to ensure peace in the state.
Budget has already bombed at the box office and passing it without a revisit will be a mockery of the exercise though any modification may be short lived and perfunctory, observes V Ranganathan.
"Whatever we are doing is in close coordination and synergy with the army and the Indian Air Force to produce desired results," he said.
Piyush Goyal's comments about Amazon founder Jeff Bezos's investment in India reveals an inability to understand how businesses function, says Kanika Datta.
Issuing the fresh SoP, the apex court said for the first time in the Registry, '1881' helpline number will remain functional from 10 am to 5 pm under supervision of senior officers to provide instant solutions to query of advocate and litigants about e-filing and other issues relating to judicial functions.
The department of economic affairs, in its Monthly Economic Review for September, said critical reforms undertaken by the government will put India to a strong and sustainable growth path in the long run.
Since April, India has seen multiple strains of the coronanavirus sweep the nation, upending life and businesses alike. Out-of-home retail and discretionary categories such as durables, auto, fashion, lifestyle, hospitality, food services, travel, and tourism have been the worst-hit as Covid cases remain high, leaving state governments with no option but to curtail mobility and economic activity.
As its factories resumed operations after over two-month of grim battle against coronavirus, China is busy tapping into the vast business opportunities of export of key medical goods, specially ventilators and personal protection equipment (PPE), across the world, including India, where both private and government bodies are placing orders for the import of these products.
Fog and negligence of the driver of the rear train are being reported as to being causes of the mishap.
Defence Minister Manohar Parrikar warned the army against "information blackout" as he sought enhanced capabilities to ensure protection from disruptive cyber attacks.
The IMD has also issued a red-coded warning alert to the Odisha and West Bengal coasts.
West Bengal and Odisha have evacuated lakhs of people from vulnerable areas to safety as severe cyclonic storm 'Yaas' is nearing the coast and is expected to make landfall near Dhamra Port in Bhadrak district early on Wednesday morning.
Given the fragmented nature of the domestic cable TV market and the need for last-mile connectivity, RIL, said sources, would have to do more to achieve its target of reaching 20 million homes and 15 million business establishments with its broadband services across 1,600 towns in the next few years.
12 people have reportedly been killed and 45injured when two speeding passenger trains collided near Gorakhpur in Uttar Pradesh late Tuasday night, a railway official said.
India's economy could prove to be the "most resilient" in the subregion of South and South-West Asia over the long term, according to a report by the UN, which says a positive but lower economic growth post COVID-19 pandemic and the country's large market will continue to attract investments. The report titled 'Foreign Direct Investment Trends And Outlook In Asia And The Pacific 2020/2021', and compiled by United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), stated that inward FDI flows to South and South-West Asia slightly decreased by 2 per cent in 2019, from $67 billion in 2018 to $66 billion in 2019. The growth, however, was mainly driven by India, which accounted for 77 per cent of the total inflows to the subregion and received $51 billion in 2019, up 20 per cent from the previous year.
The weatherman has forecast that more showers would lash the national capital where intermittent rains have disrupted normal life for the last four days.
With his eye on next year's Party Congress, Xi Jinping is using the CCP's centenary celebrations to publicise the benefits for China from its leadership, and boost his image and contribution to China's rise, observes Jayadeva Ranade, the distinguished China expert and retired RA&W officer.
Aditya Bafna, MD, CEO, Seva Group explains how a healthy and mindful habits can help improve productivity at the workplace.
'If journalism is the first draft of history, then photojournalism is the first draft of its evidence,' Raghu Rai, arguably India's finest living photojournalist, tells Pavan Lall.
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