The shortage of rice has led to a food crisis in the UAE, where inflation has climbed above 11 per cent, media reports said. India had, in March this year, banned export of non-basmati rice to check rising prices of the food grain.
Incumbent DMK MP T Sumathy alias Tamizhachi Thangapandian will face-off former Telangana Governor and BJP leader Tamilisai Soundararajan, while the the AIADMK has fielded ex-MP Dr J Jayavardhan, who won from here in 2014.
The government on September 14 further reduced the stock limit on wheat traders, wholesalers and big chain retailers to 2,000 tonnes from 3,000 tonnes with immediate effect to control wheat prices, which are showing an uptick again after being stable for some time. Announcing the move, food secretary Sanjeev Chopra said that retail prices of key essential food items, especially wheat, rice, sugar, and edible oils, were unlikely to see any sharp rise in the upcoming festival season as the country had adequate supply and the government was keeping a close vigil on hoarders.
From its lows in December, the stock of Tata Motors is up about 15 per cent. The gains came on the back of better than expected December volumes in its UK-based subsidiary Jaguar Land Rover (JLR). This coupled with gradual recovery in the global passenger vehicle demand, improving profitability due to product mix and lower commodity costs are expected to be key positives for the company.
The consequences are dire as essential medical treatments, including dialysis, and medicines for cancer and anti-AIDS drugs remain out of reach for those in desperate need.
What has hit sentiment further is a draft proposal by the government to increase vehicle insurance premiums for financial year 2022-23 (FY23). Third-party motor insurance premiums have not been increased over the last two years and if this is approved, insurance costs for specific segments could rise by a fifth. The worst impacted is the 350cc and above two-wheeler segment, where premiums are up 21 per cent. Royal Enfield (Eicher Motor) is the market leader in the segment. The premiums in the 150-350cc two-wheeler category are also being inc
Vashi APMC traders see supplies to Mumbai impacted over movement curbs. A number of trucks sent to Mumbai from the market has reduced from 600 per day in recent times to around 300.
Battling the virus, enduring separation from loved ones, and working extended hours became part of the job.
Faced with acute power shortage that sparked widespread protests and violence in which four people were killed in police firing, Bihar's Energy Minister Bijendra Prasad Yadav demanded that the Centre issue a white paper on the state's power crisis.
Entering Iran may lead to trouble for those having significant presence in the US market.
Drugs under exemption make up roughly 95 per cent of the antiretrovirals used by India's AIDS patients
The 41 workers trapped in Uttarakhand's Silkyara tunnel for the last 11 days are likely to be rescued in the next few hours or by tomorrow, National Disaster Management Authority (NDMA) member Lt Gen (retd) Syed Ata Hasnain said on Thursday evening.
It noted that the government could not accurately anticipate the gravity of the possible resurgence of the pandemic and its subsequent waves.
The country faces power shortage to the tune of 70,000 MW, Union Power Minister Sushil Kumar Shinde told the Lok Sabha on Friday.
According to the apex power planning body, 47 power stations suffer scarcity of fuel with stocks that could not last more than a week.
Peshwa era water supply system discovered in Pune
The CAG, in its report tabled in Parliament recently, had stated that the defence forces had ammunition that could last for 20 days in the event of a war, instead of the minimum requirement of 40 days.
When its founder, Raghunandan Kamath, took a calculated risk, his Bollywood customers backed him all the way, say Rohith Potti and Pooja Bhula.
The prime minister said India favoured creation of a buffer to meet any eventuality arising out of tensions in West Asia that could lead to prolonged supply shortages.
In a move that could potentially irk New Delhi, China has offered to supply liquified petroleum gas to Nepal after gifting fuel to ease the crisis in the country, hit by acute fuel shortage due to a blockade at key border trade points with India.
An audit report of the Delhi Jal Board states that failure in timely construction of underground reservoirs and booster pumping stations has resulted in an unequal distribution of water, reports Priyanka.
Stock markets will focus on global trends for further direction in this holiday-shortened week as the earnings season is largely over, analysts said. Trade experts expect the key benchmark indices to move sideways as investors are trying to decode the impact of rising inflation on foreign portfolio investments. Inflation data released by the US and China last week have fanned fears of earlier than expected rate hike and boosted US bond yields.
Twenty-four deaths, including that of 12 infants, have been reported in the last 24 hours in a government hospital in Nanded, a top Maharashtra health official said on Monday.
Nilesh Veera, director of APMC said, complained that availability of workers is a big problem. They have asked the government to provide enough sanitizers, masks, etc, for worker safety, to call them back. There has been no reply.
Consumer durable companies will again start to face a supply issue of components as China extends lockdown due to its zero Covid strategy. This will impact the flow of finished products into the Indian market, unlike last year, this impact will be felt post Diwali. While supply chain issues have been a problem since the start of the pandemic, China's zero Covid strategy has also posed another risk for consumer durable companies.
According to the WHO, Himalayan glaciers are shrinking due to global warming at the rate of 10 to 15 meters per year, which would affect the water supply in India. River Ganga is expected to lose two-third of its July to September flow resulting in change in the productivity of arable land. These changes will in turn affect one-third of India's irrigated land. Water shortage will affect more than 500 million people, it said.
During this time of the year, potatoes and vegetables come from Punjab and Haryana.
India must be prepared to deal with climate disasters, geopolitical confrontations, and social strife linked to global events, asserts Jayant Sinha, chairman of Parliament's Standing Committee on Finance.
'Since we have a long waiting period, customers will be able to see cars for the next one year which are going to be produced and block (book) them.' 'So, if there is a wedding or a birthday in October, they can already check its availability in that month and block it.'
The list of drought-hit taluks will be notified, following Chief Minister Siddaramaiah's approval.
For a 25-year-old Manjeet Chauhan stuck in Silkyara tunnel survival hinged on a picture of his parents and words of a lost brother, whom he took as a role model after his death in an accident last year.
As the state police declined the provincial administration's directive to allow police stations to be used as distribution points for the supply of liquefied petroleum gas cylinders to the consumers, the crisis has only deepened.
Ratings agency ICRA on Wednesday revised downwards growth forecast for the domestic passenger vehicles industry to 8-11 per cent in the ongoing fiscal from the earlier estimate of 14-17 per cent on account of the ongoing semiconductor shortage. Similarly, for the two-wheeler segment, it said the volumes are expected to contract by 1-4 per cent in FY2022 against an earlier prediction of 6-8 per cent growth as affordability and demand sentiments of target clientele was hit sharply by the second wave of COVID-19 pandemic. With around 5 lakh units of production lost by various automakers in the passenger vehicles segment due to the semiconductor shortage, ICRA said the earnings loss for the OEMs (Original Equipment Manufacturers) could be around Rs 1,800 crore to Rs 2,000 crore for the ongoing fiscal.
The "improvement in the diets of people in India and China", which is forcing the governments there to keep food "inside" is a cause for the current global supply shortage, US Secretary of State Condoleezza Rice has said. Rice said the ongoing food crisis was mainly due to "four causes", even as she specifically pointed out the exchange rate and the simple "inability" of getting food to the people.
Issues relating to shortage of key automotive components, which were supposed to be sorted out a month ago, will hit production even for the next two quarters, as slow ramp-up and discrepancies in tyre prices impact output.
The IMF on Tuesday cut India's economic growth forecast by 0.5 percentage points to 9 per cent for the current fiscal year, with its chief economist Gita Gopinath saying that the slight downgrade is mainly due to the impact of the spread of the Omicron variant. "If you look at the 2021-22 fiscal year, we have a slight downgrade of -0.5 percentage points and for the next fiscal year 2022-23 we have a slight upgrade of 0.5 percentage points. So, growth for the previous fiscal year is now nine per cent and for this year now is at nine per cent. We moved it up slightly," Gopinath told reporters during a news conference in Washington. In its latest update of World Economic Outlook on Tuesday, the International Monetary Fund has cut India's economic growth forecast to 9 per cent for the current fiscal year ending March 31, joining a host of agencies which have downgraded their projections on concerns over the impact of the spread of Omicron on business activity and mobility.
Strengthening of rupee has made Indian rice dearer in the international market
Major General S C N Jatar, who passed into the ages on Monday night, thwarted anti-national forces at the peak of the Assam agitation. Colonel Anil A Athale (retd) salutes this officer and gentleman.
Delhi requires 80 lakh doses a month to vaccinate its youth. But it only received 16 lakh doses in May. The Centre has further decreased Delhi's quota in June to 8 lakh doses, Kejriwal said.
The turbulent political scenario and overall chaos over the bifurcation of Andhra Pradesh has hit several essential services across the state, but the medical sector has been the worst hit.
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