While rising interest rates and tighter liquidity are giving negative signals for the financial sector, increasing economic activity could mean higher business volumes for lenders. Liquidity in the banking system has moved from Rs 8 trillion surplus into a deficit of Rs 33,000 crore over the 2022 calendar year. By the end of November, bank credit had grown 17.5 per cent YoY (year-on-year).
Dominic Xavier asks when the Modi Sarkar will heed the plight of the protesting farmers who have been agitating for more than forty days in freezing temperatures.
'This is going to be our home in the near future as it is going to be a long fight'
It may be a little early to cheer the recovery in the fast-moving consumer goods (FMCG) space as a deceleration in discretionary demand, after the festival season, may offset fragile rural recovery, analysts have cautioned. "The overall demand environment for staples remains muted, while discretionary demand trends have seen some deceleration after the festival season. "We believe margins in staples have bottomed out, but we expect only a gradual uptick with the ongoing softening in raw material prices.
Police personnel in adequate strength were deployed across the state to maintain law and order, officials said.
Farmers reiterated that the agitation would continue till the Centre takes back the three farm laws, and said that if need be, they could go on till 2024.
Rajasthan Congress chief Govind Singh Dotasra shared on Twitter a purported video clip of BJP's former MLA Gyan Dev Ahuja, who is allegedly seen admitting his supporters have so far 'lynched five people'.
As many as 19 people have been arrested and 25 FIRs lodged in connection with the Republic Day violence in the national capital during the farmers' tractor rally in protest against the three new agri laws, the Centre informed the Delhi High Court on Wednesday.
The police had said there are videos where Sidhu can be allegedly seen to be present at the site of the incident.
The Delhi Police has launched action against alleged 'fake posts' on social media platforms related to the violence that broke out on Republic Day during the farmers' tractor protest and has registered four cases in the matter, officials said on Wednesday.
Analysts said the demand recovery in two-wheeler and car segments was skewed towards the semi-urban and rural markets.
In a world where age and form seem to be at odds with each other, these IPL veterans defied expectations wrote their own narratives and left us all marveling at their incredible staying power.
Police sought extension of his custodial interrogation, saying it was required for further investigation and to identify other accused persons in the case.
Foxconn means serious business in India. Its delegation to India was led by its Chairman Young Liu who met Prime Minister Narendra Modi.
The growth momentum that started during the festival season is likely to sustain in the new year, reports Arindam Majumder.
'Thank you for the anniversary gift', Sakshi captioned the pic, without identifying the friend who had presented the jalopy.
"We do not aim change in power (at the Centre). The government should do its work. We want it to repeal the farm laws and ensure law on MSP," he said.
By late evening, a large group of them had reached the road toll plaza at Panipat, about 100 km from Delhi. Bhartiya Kisan Union (Haryana) leader Gurnam Singh said the protesters planned to spend the night there and will resume the march the next morning.
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 Madhya Pradesh police have filed a First Information Report (FIR) against Congress MP Shashi Tharoor and six journalists over their 'misleading' tweets on the violence during the farmers' tractor rally in Delhi, an official said on Friday.
'Our movement was not about putting any flag on the Red Fort, but it is to secure our livelihood.'
Passenger vehicle retail sales in the country rose 40 per cent in June indicating an improvement in semiconductor supplies even as demand, especially for SUVs, remained robust, auto dealer' body FADA said on Tuesday. According to the Federation of Automobile Dealers Associations (FADA), passenger vehicle (PV) registrations rose to 2,60,683 units last month, as compared to 1,85,998 units in June 2021, registering an increase of 40 per cent. "The PV segment continued to see robust growth. An increase in dispatches clearly shows that semiconductor availability is now getting easier," FADA president Vinkesh Gulati said in a statement.
Those killed include eight women and a migrant worker from Madhya Pradesh, police said.
Actor and activist Deep Sidhu, accused of being the key conspirator of the Red Fort violence on Republic Day last year, died in a road accident on Kundli-Manesar-Palwal highway near Kharkhoda in Haryana's Sonipat, police said.
November 26 would mark one year of the ongoing farmers' protests at Delhi's border points of Singhu, Tikri and Ghazipur.
Scores of protesting farmers from Punjab and Haryana on Saturday took out protest marches against the Centre's three farm laws even as police used a water cannon to disperse cultivators as they broke barricades at the Chandigarh-Mohali border.
Dealers say that the full-year outlook remains negative with a projected contraction in retail sales of 15-35 per cent across segments, save tractors, which look set to clock a positive annual growth.
"Nari shakti" and women empowerment dominated the theme of tableaux of Kerala, Karnataka, Tamil Nadu, Maharashtra and Tripura at the Republic Day parade here on Thursday.
A three-judge bench headed by Chief Justice of India Sharad Arvind Bobde will hear the application on January 18 along with pleas raising the issue of farmers protesting at Delhi borders.
There is no sign of it losing popularity with a significant section of the voting population, which appears to be attracted to the party for identity reasons, observes Aakar Patel.
In a statement, the Guild demanded that such FIRs be withdrawn immediately and the media be allowed to report without fear and with freedom.
Rajnath also attacked the Congress for the burning of a tractor by protesters from their youth wing.
A noted Durga Puja pandal in Kolkata this year will depict the agitation over the farm laws in the country, besides the killing of farmers in Lakhimpur Kheri in Uttar Pradesh.
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The Bhartiya Kisan Union Lokshakti said the principle of natural justice is going to be violated as those appointed to the four-member committee 'have already supported these laws'.
Net profit at M&M and Mahindra Vehicle Manufacturing Ltd contracted to Rs 918 crore from Rs 1,238 crore a year ago while revenue and other income decreased to Rs 12,997 crore from Rs 13,551 crore a year ago.
The total vehicle registrations in India fell by 29.85 per cent to 1,52,71,519 units in financial year 2020-21, the lowest in the last eight years, the Federation of Automobile Dealers Associations (FADA) said on Monday. Total vehicle registrations were at 2,17,68,502 units in fiscal year 2019-20. All categories of vehicles, except tractors were in red in FY21 with two-wheeler (2W), three-wheeler (3W), commercial vehicles (CV) and passenger vehicles (PV) falling by 31.51 per cent, 64.12 per cent, 49.05 per cent and 13.96 per cent respectively -- the lowest in last eight years and way below the FY13 levels, FADA said in a statement.
The villagers have pinned their hopes for development on Ravi, whose success has much to do with the sacrifices and moral guidance of one man -- his father Rakesh Kumar Dahiya.
Passenger vehicle (PV) retail sales rose to 184,134 units last month against 85,733 units in May this year as the COVID-19 situation improved across the country. According to the Federation of Automobile Dealers Associations (FADA), which collected vehicle registration data from 1,295 out of the 1,498 regional transport offices (RTOs), two-wheeler sales rose to 930,324 units last month as compared to 410,757 units in May.
Metropolitan Magistrate Prigya Gupta sent Sidhu to the custody after the police alleged he was one of the main instigators of the violent incidents at the Red Fort.
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