In the case of double-income couples, not more than 40 per cent of the net income of one partner should be the EMI for the property.
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.
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.
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.
'I have faced 18 hours of darkness daily all my life.'
Cooler weather meant that demand for milk products and value-added items like buttermilk and ice-cream did not show the usual rise.
'From April 25, 2021, Modi disappeared. He made no public appearance for 20 days.' 'The prime minister of India fled the field when his people needed the government most,' points out Aakar Patel.
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.
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
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.
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.
Only five of India's top 20 car models have seen a reduction in wait times over the past year.
'China is struggling to get out of its property bubble.' 'Japan took 35 years to walk out of its equity bubble.' 'Bubbles can be difficult to forecast.'
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.
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.
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.
It noted that the government could not accurately anticipate the gravity of the possible resurgence of the pandemic and its subsequent waves.
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.
To ensure immediate cooling of the body, the hospital has set up a first-of-its-kind heatstroke unit.
During this time of the year, potatoes and vegetables come from Punjab and Haryana.
Strengthening of rupee has made Indian rice dearer in the international market
As thousands of Meiteis and Kukis are in relief camps in violence-torn Manipur, a group of doctors that visited the state has expressed concerns about the issue of nutrition and mental health situation of the inmates.
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.
The ruling Congress posted a video along with a statement on social media platform X, criticising the Janata Dal-Secular leader and son of former Prime Minister H D Deve Gowda.
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.
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.
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.
Faced with a steep rise in prices and an anticipated shortfall in production, traders across the country have called for a ban on onion exports.
There may be shortage of drugs till pharmaceutical companies supply new batches with revised MRPs.
Drivers of commercial vehicles, including trucks and tankers, stopped work in several states on Monday and blocked roads at some places to protest against the provision in the new penal law regarding hit-and-run accident cases involving motorists.
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.
From installing water-saving aerators on taps to using cans for washing hands and dishes, Bengaluru is adopting diverse strategies to tide over the water crisis. While several citizens have taken to social media to urge Karnataka Chief Minister Siddaramaiah to make work from home mandatory for IT companies, it appears that hybrid mode will continue to be the norm for most - although with new water conservation measures in place. Co-working space provider Urban Vault has, for instance, installed smart water meters to detect leakage.
Concerned over the fuel shortages and petrol pumps running dry, the government said on Friday it would deploy central forces to ensure supply lines are not dried due to the ongoing strike by oil sector executives. "The government will deploy central forces wherever necessary," petroleum secretary R S Pandey told reporters even as petroleum minister Murli Deora met Prime Minister Manmohan Singh to brief him about the strike by officers of oil PSUs.
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.
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.
To increase gas availability for power plants, the Ministry of Petroleum and Natural Gas has taken various steps.
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 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.
'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.'
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