'Where Pratidwandi is concerned, there are very few men standing.'
Heavy rains lashed Mumbai and its suburbs on Wednesday, causing flooding on roads and rail tracks and disrupting suburban train services as the south-west monsoon arrived in the city with a bang, while the India Meteorological Department (IMD) issued an alert for more downpour.
While discretionary spend by global enterprises is likely to negatively impact all Indian IT firms, more revenues from products and less exposure to financial services segment are likely to lessen the impact for HCL Technologies and Tech Mahindra.
The firm, udChalo, is a portal founded by the wards of Army men and it provides for personal travel needs of armed forces, paramilitary forces and their family members.
Petrol and diesel prices are likely to be hiked this week as oil companies prepare to pare losses accumulated from keeping rates steady for over four months in the run-up to assembly elections in five states, including UP, despite international oil prices jumping to a 13-year high of $140 per barrel. West Texas Intermediate crude futures, the US oil benchmark, rose to $130.50 per barrel on Sunday evening, its highest since July 2008, before retreating. The international benchmark, Brent crude, hit a high of $139.13 at one point overnight, also its highest since July 2008.
The Badminton World Federastion (BWF) unveiled a revised international calendar to salvage the remainder of the season, disrupted by the COVID-19 pandemic.
Londoners Roma Popat and Vinal Patel were originally due to get married on April 20 but when lockdown disrupted their plans, they discussed the concept of a drive-in wedding with their wedding coordinator, Saheli Events, almost as a tongue-in-cheek thought rather than a serious plan.
Petrol and diesel price hikes are likely to resume after state elections get over next week to bridge the Rs 9 a litre gap created by international oil prices soaring past $100 a barrel. International crude oil prices shot above $110 a barrel for the first time since mid-2014 on fears that oil and gas supplies from energy giant Russia could be disrupted, either by the conflict in Ukraine or retaliatory western sanctions. The basket of crude oil India buys rose above $102 per barrel on March 1, the highest since August 2014, according to information from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry.
Train movement halted between Andheri and Churchgate railway stations as the power supply stopped, Western Railway's chief public relations officer Sumit Thakur said.
China's state-run Sichuan Airlines has suspended all its cargo flights to India for 15 days, causing major disruption to private traders' efforts to procure the much-needed oxygen concentrators and other medical supplies from the country despite Beijing reiterating its readiness to help India to deal with the latest surge of COVID-19 cases.
International oil prices surged close to $100 a barrel on Tuesday after Russian President Vladimir Putin sent troops into Ukraine, but petrol and diesel prices in India continue to be on freeze and are expected to rise once assembly elections in states like Uttar Pradesh end. Amid fears of supplies being disrupted because of Russian aggression, the price of futures contract for Brent crude oil with April delivery on London's ICE rose by 4.18 per cent to $99.38 per barrel on Tuesday morning, before paring some gains to settle just above $98. The last time Brent exceeded $99 per barrel was in September 2014. Russia makes up for a third of Europe's natural gas and about 10 per cent of global oil production.
Some taxi and cab unions, including those associated with app-based aggregators, have decided to join the strike called by farmers organisations demanding repeal of three new farm sector laws.
Chances are any such disruption will not occur on the major shipping lanes but on some edge of the ocean between India and China. Even if there is no actual disruption, the costs of averting one can be punitive. The setting for this is provided by the energy shortage both countries face, says Subhomoy Bhattacharjee.
Images that capture what it was like living through 2021.
In the mid-tier space, clients with weak balance sheets are likely to ask for price revision apart from delay in payment.
The fixture was originally scheduled to be played on May 3 but was postponed after violent clashes between fans and police in which more than 100 supporters forced their way into the stadium and stormed the pitch to protest against the club's owners -- the Glazer family.
Airports hold pride of place in the government's National Monetisation Pipeline (NMP) programme to monetise public assets. Private airport operators, including the Adani group, Fairfax, GMR and Zurich Airport, are expected to evince interest in the next round of public private partnership (PPP) development of state-owned Airport Authority of India (AAI) airports. Industry analysts, however, do not expect bids to be as high as the last round, which saw Adani group gain control of six airports.
The Samyukta Kisan Morcha (SKM), a forum comprising 40 farmer unions, called for a Bharat Bandh on Monday against the Centre's three agriculture laws. Here is its impact across the country:
Two days back, the Directorate General of Civil Aviation had asked IndiGo to take "appropriate action" after it found alleged violation of safety and social-distancing protocols by mediapersons in the airline's Chandigarh-Mumbai flight that had actor Kangana Ranaut as a passenger.
New Zealand pacer Iain O'Brien who now lives in the UK, was in New Zealand to deal with his mental health issues but his month-long trip was disrupted after countries went into a lockdown mode and borders were closed to control the rapidly-spreading coronavirus. After three of his flights were cancelled, O'Brien decided to seek donations to arrange the money for his ticket.
The pandemic has forced us to reflect and re-evaluate our old habits and perceptions, says Anamika Sengupta.
Scindia, who is now with the BJP and took oath as a member from Madhya Pradesh, greeted his bete noire before taking oath. Scindia and Singh had differences that led to Scindia quitting the Congress. Scindia also greeted Congress leaders Mallikarjun Kharge and Ghulam Nabi Azad.
Naga splinter groups impatient with stalled talks as well as rebel Manipuri groups who have a stake in disrupting upcoming elections to the state assembly, are believed to be regrouping in the borderlands of China's Yunnan province and Myanmar, taking advantage of the turmoil in the latter by using it as a transit corridor.
The timeline for disinvestment of Air India and Bharat Petroleum Corporation (BPCL) may be pushed by two to three months due to impact of the second Covid-19 wave. However, the government is confident of wrapping up the sale of the two companies by FY22 and meeting the disinvestment target of Rs 1.75 trillion. This will be achieved by sale of government stake in core and non-core public sector undertakings (PSUs).
Murray confirmed last Thursday that he had tested positive for the virus and was in self-isolation at his home near London.
Bhavani said she wanted to skip the qualifying tournament in March but her mother prodded her from hospital bed to compete in the event.
The move is a reversal of its earlier decision, when the airline said it would not absorb the price difference and advised customers to pay the fare difference or receive a refund, according to media reports.
A man was shot dead in police firing in Telangana's Secunderabad, trains went up in flames, and public and private vehicles attacked, as railway stations and highways turned into battleground in many states on Friday amid burgeoning protests against Agnipath, the contentious defence recruitment scheme.
Alliance Air, which is the largest regional airline, is currently operating 77 daily flights compared to 126 last year.
Renowned actor Anupam Kher has been conferred with an honorary doctorate in Hindu studies by the Hindu University of America.
Online travel firm MakeMyTrip's top executives Deep kalra and Rajesh Magow have decided to draw 'zero salary' from April 2020, while the rest of its leadership team will take a reduction of around 50 per cent in their compensation amid the covid-19 outbreak. Group Executive Chairman Deep Kalra and its group CEO Rajesh Magow have decided to take 'zero salary' from April 2020 as the company plans to undertake multiple "tough measures" to keep overall expenses at a minimum amid the covid-19 outbreak.
Farmers had threatened to block other roads of Delhi in the coming days if the new agriculture laws are not scrapped soon.
Farmers gathered at several national highways, key roads and some railway tracks in Punjab and Haryana on Friday morning as part of their nationwide protest against the Centre's new agri laws.
Torrential rains pounded the tiny Himalayan state of Sikkim and the tea growing region of North Bengal, causing landslides that cut off National Highway-10, the main road linking Gangtok with the rest of the country.
In spite of a severe second wave of the coronavirus pandemic, and a widespread disruption in public life therefore, India's fast-moving consumer goods (FMGC) sector seems to have emerged as one of the most resilient segments of the economy. The early numbers and estimates for the April-June quarter indicate a steady recovery in FMCG players' business, which is now set to exceed the pre-pandemic level. Amid nationwide lockdowns because of the first Covid wave, FMCG revenues had been severely affected in mid-2020.
According to a survey by travel portal ixigo, economy airfares from Mumbai have shot up by almost 25- 30 per cent till the end of March.
Brinkmanship in the Taiwan Strait will not only be a recipe for disaster to both China and Taiwan, but also to international peace and stability, warns Rup Narayan Das.
Gold, which lost its sheen to some extent in the second half of 2021, is likely to regain the glitter in the New Year and cross the Rs 55,000-per-10-grams level amid pandemic woes, inflation worries and stronger US dollar. After a stellar run up in 2020 when the yellow metal touched a record high of Rs 56,200 on the MCX in August, the prices are near Rs 48,000 per 10 grams now. This is roughly 14 per cent lower from the all-time highs and 4 per cent lesser compared to January 2021 levels.
The United States Olympic and Paralympic Committee said it had listened to feedback from athletes and was encouraged by a clearer path towards postponement. Major sporting nations Australia and Canada withdrew on Monday as organisers came under mounting pressure to postpone the event for the first time in its 124-year modern history.
Moody's Investors Service on Friday said India's economy is expected to contract for the first time in more than four decades saying economic damage owing to the coronavirus-induced lockdown will be significant with lower consumption and sluggish business activity. Even before the coronavirus outbreak, Indian economy already was growing at its slowest pace in six years and with the stimulus measures announced by the government falling short of expectations, the disruptions are likely to be greater. "We now expect India's growth to register a real GDP contraction for the fiscal year ending in March 2021 (fiscal 2020-21), from our earlier projection of zero growth," it said in a research note.
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