The quantum of freight moved was flat to negative on month after the pre-festive buzz in October. CRISFrex captures the changes in freight rates on a sequential basis.
CRISIL states that while cement prices have increased by Rs 10-15 per bag across the country, this would not translate into an increase in EBITDA for cement makers.
With 2 per cent of bank credit expected under restructuring by the end of this fiscal, stressed assets - comprising gross NPAs and loan book under restructuring - should touch 10-11 per cent.
Crisil's revision, which is among the lowest after Japanese brokerage Nomura’s 4.7 per cent forecast, comes within days of the official data showing a further slip in the second quarter growth to 4.5 per cent.
In October, the rollover rate of CPs issued by these 50 largest NBFCs was only around 40 per cent of the average monthly issuances between June and August 2018.
He would take his colour, brushes and canvas outside to paint and talk with his love. He would stand close to the window and paint, keeping an eye on his muse.
They say the violin mimics the human sound. In his case, it was that of love, of longing. He didn’t know any other way of loving.
Younger people do not have much progressive beliefs; a 2017 survey found that one-third of young people opposed inter-caste marriage.
The pandemic has made it clear that virtual learning is here to stay. In the West, the big question is whether it will dilute the quality of the college experience and education. In India, which grapples with digital divide, the question remains whether this will reach most people at all.
Even after two years of the Covid-19 pandemic, many 'informed' individuals in India continue to deny the virus with unscientific claims and unfounded data. The latest? Omicron will end the pandemic.
Across Asia there are deeply entrenched obstacles to a mode of higher education that is liberal in multiple senses – disciplinary and epistemological but also social and political.
The two incidents in the recent past, one in Mon district of Nagaland and the other at Lakhimpur Kheri in Uttar Pradesh, undermined the core principles democracy and federalism.