Financials declined amid profit taking while energy shares fell after the government hiked excise duty on transport fuels.
Parks would cut transport cost by 10% for industries, allow freight movement on larger trucks and rail.
Top gainers in the Sensex pack included Vedanta, Tata Steel, Yes Bank, Tech Mahindra, Hero MotoCorp, Bharti Airtel, SBI and Bajaj Finance and IndusInd Bank, which rose up to 4.83 per cent.
Prices of the key vegetable have also gone up in various cities.
Markets are likely to go down, correct and stay subdued.
In the national capital, onion prices were ruling at around Rs 40 per kilogram.
Assocham-Skymet report says untimely rain may reappear in north India.
In order to check the abnormal surge in edible oil prices during Diwali festivities, as many as 18 states are in the process of imposing stock holding limits on oilseeds and edible oils after being empowered by the Centre for doing so. Of the 18 states that are in the process of imposing stock limit on my edible oils apart from UP, include Rajasthan, Gujarat, Maharashtra, Odisha, Kerala, Jharkhand, Chhattisgarh, Andhra Pradesh, Tamil Nadu, Tripura and the Union Territory of Chandigarh. Of the 18, Uttar Pradesh, has already imposed stock limits on edible oils, the Centre was informed with as many as 23 states to discuss ways and means to ensure further easing of edible oil prices.
Prime ministers turning up with such frequency to launch trains is an indication of the political mileage resident in public transport. Will our railways step out of the government's shadow? After all, they are the ones manufacturing trains and running them, notes Shyam G Menon.
Recently, Prime Minister Manmohan Singh had also ruled out the possibility of India witnessing a repeat of the 1991 balance of payments crisis and reversing the path to globalisation of economy.
It was also decided that there will be night curfew from 8 pm to 5 am, which will come into effect from Monday, according to an official statement.
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If we can come up with ways of sharing property rights on the internet, why not do something similar in urban spaces, asks Ajit Balakrishnan.
Already retail inflation has risen to 6.07 per cent in February, crossing the upper band of the Parliamentary mandate. This is the second consecutive month in 2022 when retail inflation has crossed the 6 per cent mark having hit 6.01 per cent in January.
Thousands of farmers from across Maharashtra reached Mumbai on Sunday evening to participate in a rally at the state capital on Monday against the Centre's three new farm laws.
A day after protesting farmer leaders paraded a youth who claimed a plot to disrupt their January 26 tractor rally, the Haryana police on Saturday said it had found no proof to support the allegations during its probe. It said the youth had claimed that he 'cooked up' the conspiracy story under fear after some volunteers at a protest site caught him and accused him of eve teasing.
Earnings growth is unlikely to see much recovery and sales revenues are also likely to remain muted
Moody's said domestic growth will offset global headwinds.
Maharashtra raises vehicle registration fee, Tamil Nadu ups entertainment tax
Prime Minister Modi has certainly pulled back, and his political capital -- dependent as it is on an image that he knows best and never retreats -- may have taken a bit of a beating. But, equally, it is hard to say that the protesters have 'won', argues Mihir S Sharma.
Factors like high fuel prices, higher insurance cost and firm interest rates kept buyers away, especially in case of passenger vehicles.
Start-ups such as Max Wholesale, Jumbotail and ShopKirana are helping them place orders, maintain inventory, optimise delivery routes and make payments, all digitally.
A day before the eighth round of talks, the government and the farmer unions stuck to their respective positions on Thursday -- the agitating farmers took out tractor rallies to press their demand for rollback of new agri laws and the Centre asserted it is ready to consider any proposal other than their repeal.
Initial share sales are set to dazzle the Dalal Street in 2022 too as companies are expected to garner up to Rs 1.5 lakh crore in the New Year, continuing with the bullish momentum after 2021 turned out to be the best IPO year in two decades for the Indian market. Excessive liquidity and increased retail investor participation ensured a persistent euphoria in the Initial Public Offer (IPO) space wherein companies mopped up more than Rs 1.2 lakh crore this year even as pandemic gloom shadowed the broader economy. In 2022, the higher amount of funds through the primary market will be largely driven by the mega IPO of state-owned Life Insurance Corp (LIC).
Nearly 250 private liquor vends, licensed under now-withdrawn Excise Policy 2021-22, are running currently in the city.
Young investors could allocate in the proportion of 70:20:10 to equity, debt and gold.
Reducing dependence on wholesalers will give the company better control over its inventory, besides offering greater visibility to new brands, reports Avishek Rakshit.
Now, government is also contracting imports.
'The finance ministry and the RBI will never admit to the difficulties in the economy because if they do so, it will adversely impact the financial markets, etc.' 'They like to present a rosy picture that everything is fine and under control.'
Food Corporation of India will be the nodal agency.
Chand pointed out that the government is willing to discuss the three farm laws clause by clause, and farmer leaders should consider this offer.
This is the second investment by General Atlantic in a subsidiary of Reliance Industries, following a Rs 6,598.38 crore investment in Jio Platforms announced earlier this year.
The real requirement for the finance minister's explanatory speech is to explain the measures taken in the Budget to influence inflation and growth not just through the announcement of a deficit goal, but more broadly through the impact on money supply, consumer demand, foreign trade and investment, explains Nitin Desai.
People in the know said plans were afoot to begin the sale of all food grains through online, with a major quantity through auctions that would be later extended to other commodities.
The two-wheeler sector has been underperforming its peers on the volumes front for over five quarters now. Even in the March quarter, Bajaj Auto and Hero MotoCorp posted a 17-24 per cent YoY decline in volumes, the sharpest in the listed auto universe. The ongoing impact of frequent price hikes, all-time high fuel prices, and muted rural sentiment has led to the lacklustre showing by two-wheeler makers. What has aggravated the situation for two-wheeler companies, which get almost all their sales from the internal combustion engine or ICE-based units, is the traction for electric two-wheelers (EV).
The reality is, the worldwide toll could have been checked within time if China had been more transparent and had warned countries regarding the new strain of Severe Acute Respiratory Syndrome (SARS)-like infection, which originated at a 'wet market' in its province of Hubei late last year.
For over three months, the three Delhi border points at Singhu, Tikri and Ghazipur have transformed into townships occupied by thousands of farmers from different parts of the country, mainly Punjab, Haryana and western Uttar Pradesh.
Automobile exports from India recovered in the first quarter with all vehicle segments, including passenger vehicles and two-wheelers, witnessing growth following an improvement in the pandemic situation across various international markets. As per the latest SIAM data, total vehicle exports during the April-June quarter this fiscal stood at 14,19,430 units as compared with 436,500 units in the same period of 2020-21 which saw massive disruptions due to the COVID lockdowns across the country, hampering sales as well overseas shipments. SIAM director general Rajesh Menon told PTI that while two-wheeler shipments were better than previous three years, passenger vehicles, three-wheelers and commercial vehicles export numbers were yet to catch up with numbers in the first quarter of 2018-19 fiscal.
Not only primary vegetables, but also additives like garlic, ginger and chilly have recorded a sharp increase in prices
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BSE auto index surged 2%, capital goods, healthcare and oil & gas indices also up.
Modi also appealed to farmers not to burn crop residues so as to curb pollution.
