New Delhi: The national capital continues to remain a gas chamber as pollution level here is reaching ‘dangerous’ mark from ‘very bad’. The level of air pollution in Delhi was recorded at 373, which is considered as very bad. In the wake of graded response action plan, Badarpur power plant, diesel Genset, kilns and mixers have been shut. Since Thursday, over 40 teams have been keeping a check on business units, burning of garbage, and construction sites and are giving away chalans to people who are disobeying the Supreme Court order. This is a very difficult time for the national capital and the condition is likely to remain same at least till November 10. Graded response action plan: Graded Response Action Plan has been prepared for implementation under different Air Quality Index (AQI) categories namely, Moderate & Poor, Very Poor, and Severe as per National Air Quality Index. A new category of “Severe+ or Emergency” has been … [Read more...] about Delhi air quality approaches ‘dangerous’ mark; Cricketers wear masks during Ranji trophy match
Posthumously given to mark welson chua
We have a broader participation in largecaps and that is now spreading across sectors into the mid and smallcap space as well. It is more in the midcap space, S Krishna Kumar, Chief Investment Officer of Equity and Vice President, Sundaram Mutual Fund, tells ET Now.Edited excerpts: This market has managed to climb the wall of worry. Do you think in three to six months, this is the best we can go? Right now, the force of liquidity is favourable. The force of earnings is decent. But markets have also made a comeback. Nifty is up 7% from the recent low and the small cap index is up 10%. The corporate earnings have been pretty good and interactions with corporates show a lot more confidence on the business and the outlook at this point in time. That is getting reflected in the markets moving up. While largecaps have been doing very well in the current calendar year, the rally is now getting a lot more broad-based now. From just five-six largecaps moving the Nifty, we have a broader … [Read more...] about Market rally getting broader, midcaps included: S Krishna Kumar, Sundaram Mutual Fund
During a wrestling session with St Kilda players, Hamill and Slater were filmed barking orders to young Saints players as they wrestled on the field. Having announced that the losers of the wrestling duels would have to pay with a penalty of 60 push-ups, Hamill and Slater put their money were their mouths were by squaring off in a wrestling duel of their own. Slater joined the Saints’ leadership and development programs in a newly-created role in late 2018 after pulling the pin on his stellar 323-game NRL career last year. He showed he has lost none of his natural competitiveness and physicality when he outmuscled Hamill and eventually dumped him on the turf with a driving tackle that saw Hamill hit the deck after losing his balance on one leg. Slater’s win had Saints players up and about, cheering their coaches on from metres away. The Channel 9 commentator’s win gives NRL early boasting rights ahead of Friday night’s Code War showdown between AFL legend Barry … [Read more...] about Billy Slater takes down AFL great Aaron Hamill in early Code War win
Sharad Pawar either has a clear communication problem — even in Marathi — or he overshoots the mark, invariably shooting himself in the foot. By and large most of his supporters put up with his mercurial statement changes because they have no choice. But after his support to demonetisation in 2016, he was arm-twisted by many of his supporters into withdrawing that endorsement because demonetisation had badly affected farmers and co-operative banks and that is where the NCP’s core support base lay. It has taken the NCP, and Pawar, nearly two years to regain the confidence of these voters and now he seems to have thrown it all away again by telling a Marathi news channel that he does not hold Narendra Modi personally responsible for the Rafale deal.All his supporters were shocked and jumped into damage-control mode. But it was already too late. The blow came from within — from NCP founder-member Tariq Anwar who was the Akbar of the … [Read more...] about Pawar shoots himself in the foot, again!
On Wednesday, official data showed that retail inflation in the country for October was 4.6%. This is not only the highest retail inflation in 16 months but also crucially above the RBI’s target level of 4%. Ordinarily, this would lead to a straightforward response from the RBI — it would be expected to raise interest rates to cool down the rising tide of prices. But, at present, the RBI faces a tougher problem. What is the RBI’s current quandary? Here’s a combination no central banker wants to face: slowing economic growth and rising inflation. That’s because the typical monetary policy measures — such as cutting interest rates — that a central bank uses to boost economic growth tend to fuel inflation. What are the economic growth concerns? India’s economic growth rate has steadily decelerated since 2017-18. The 5% growth in the first quarter (April to June) of the current financial year was the slowest Indian grew in the past 6 years. … [Read more...] about RBI’s quandary: Boost growth or arrest inflation