From the outcome of the general elections and then Union Budget to tepid corporate earnings in the September 2024 quarter (Q2-FY25), sticky inflation and Reserve Bank of India's stance on interest rates, extreme weather conditions, Indian stock markets have braved it all in calendar year 2024.
Maharashtra Deputy Chief Minister Ajit Pawar acknowledged that some ministers are unhappy with the portfolios assigned to them in the new cabinet, which includes a high number of ministers. Pawar said that the work on pending projects will begin soon after the ministers take charge of their respective ministries. The budget session of the Maharashtra legislature will commence on March 3.
Siddaramaiah is facing the Lokayukta and ED probes into alleged irregularities in the allotment of 14 sites to his wife by the MUDA.
Amid low growth elsewhere, gross value added (GVA) growth in agriculture and allied activities recovered during the second quarter of the current financial year (Q2FY25) to 3.5 per cent year-on-year (Y-o-Y) due to strong monsoon. Experts feel that the rains have laid the foundation of an even better GVA performance in subsequent quarters. GVA growth in the first quarter of FY25 was 2.0 per cent.
The Pune Municipal Corporation (PMC) has detected 22 suspected cases of Guillain-Barr syndrome (GBS), an immunological nerve disorder, in the city. Samples from the affected patients have been sent to ICMR-NIV for testing. Most of the cases were detected in the Sinhgad Road area. According to doctors, GBS is a rare condition that causes sudden numbness and muscle weakness. While the condition is prevalent in both pediatric and young age groups, it does not lead to an epidemic or pandemic. The PMC has constituted a committee of experts to investigate the outbreak and conduct detailed surveillance of the patients. The civic health department has assured that there is no need for panic as of now.
'The scrapping of import duty would help Indian companies compete in international markets, thus paving the way for India becoming a space manufacturing hub for the world.'
Retail inflation breached the Reserve Bank's upper tolerance level, soaring to a 14-month high of 6.21 per cent in October mainly on account of rising food prices. Inflation based on the consumer price index (CPI) was 5.49 per cent in September and 4.87 per cent in the year-ago month. Retail inflation trended below the RBI's upper tolerance band of 6 per cent since September last year.
'Inflation is not good for industry. Nor for the economy as a whole.'
'Obesity, especially central obesity and increased visceral fat due to physical inactivity, along with the consumption of high-calorie, high-fat, and high-sugar diets, are major contributing factors.'
The cabinet expansion of the Devendra Fadnavis-led Maharashtra government is likely to take place by December 14, a senior Bharatiya Janata Party leader said on Wednesday.
FMCG major Hindustan Unilever Ltd on Wednesday reported a 19.18 per cent rise in consolidated net profit at Rs 2,989 crore in the December quarter.
Leading Indian electric two-wheeler (e2W) companies have said that "swapping" of batteries is currently unviable and will only increase the cost for a consumer to run the vehicle.
Dabur's performance in the July-September quarter of the current financial year (Q2FY25) was weak but in line with consensus. Consolidated revenue declined 5 per cent year-on-year (Y-o-Y) due to a temporary adjustment in General Trade (GT) inventory. Indian revenue declined 7.6 per cent, while international business grew 13 per cent Y-o-Y in constant currency (CC) terms.
With rising disposable incomes in cities beyond metros, the penetration of credit cards - and consequently, credit card spending - is growing at a much faster pace than in traditional metro cities, primarily driven by e-commerce spending.
A bench comprising Chief Justice D Y Chandrachud and Justice P S Narasimha took note of the submissions of Solicitor General Tushar Mehta, appearing for the state government, and directed that a panel appointed by the state government will have to decide the OBC quota related issues for the local bodies poll by March 31, 2023.
'I go to Salmanbhai every day before the shoot.' 'I write straight scenes, simple scenes. He will read them and add a little bit of spice.'
'We are getting to understand the mind of this generation.' 'Minor tweaks are being made to ease the process as we go along.'
'I believe India is very different from Bombay, Delhi and Kolkata.'
The MUDA office in Mysuru and some other locations are being raided by the federal probe agency officials along with an escort of a central paramilitary force, the sources said.
'Nearly 10 million people will benefit from the increase in the rebate limit for those earning up to Rs 12 lakh.' 'We expect all that money will come back into the economy in either savings, consumption, or investments.'
A building under construction at the Kannauj railway station in Uttar Pradesh collapsed on Saturday, trapping around two dozen workers under the rubble. Six workers have been rescued and rushed to hospital. Rescue efforts are ongoing with teams from the National Disaster Response Force (NDRF) and State Disaster Response Force (SDRF) deployed at the site. Uttar Pradesh Chief Minister Yogi Adityanath has directed officials to ensure the safe recovery of those trapped and their proper medical treatment.
Besides disclosing in their affidavits, candidates have to prominently declare criminal cases they are facing, if any, thrice in newspapers in print as well on television, he said, adding that political parties too have to publish within three days of nomination why a candidate with criminal background was selected. "You (political parties) have to tell the public whether you did not get any (other) candidate and why was it necessary to select them (those with criminal background)," he said.
The rapid rise of quick commerce is anticipated to create a substantial increase in the need for blue-collar workers, with India projected to require 2.4 million jobs by 2027, according to job matching and hiring platform Indeed. Quick commerce companies hired over 40,000 employees in the last quarter to handle increased festive shopping and e-commerce demand, Indeed India Sales Head Sashi Kumar said.
Around 7.4 per cent of Indians aged 60 and above are affected by dementia. This number is expected to rise from the current 8.8 million to 17 million by 2036, marking a 97 per cent increase.
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