Why is Mark Mobius more optimistic about Indian markets than China?

Mark Mobius, Founder, Mobius Capital Partners says that you cannot say that the COVID situation is essentially bad for the markets as the government policies arising out of COVID are actually beneficial for the markets. Do you think Indian markets will continue to outperform here? Thank god for the Indian market. We have a huge … Read more

FMCG sales down 14 per cent in November after festive season boom

Sales of groceries, daily essentials and electronics declined in November from a month earlier, indicating a post-festival lull as retailers reduced their orders to clear inventory after Diwali . Sales fell 14% last month for fast-growing consumer products, according to Bizom, a sales automation firm that deals with 7.5 million retail stores. Industry executives said … Read more

Bond traders focus on Fed’s inflation battle even amid Omicron fears

Bond investors ended a Thanksgiving week with a reminder that Covid, not just the degree of the Federal Reserve’s freshness, is still able to stir up markets around the world. But after the latest worrying coronavirus variant news has settled the dust, the Treasury is most likely driven by: The central bank is fighting inflation … Read more

Worried about new version, Asian countries move to toughen COVID-19 measures

Asian countries race to tighten restrictions after a new and possibly vaccine-resistant coronavirus variant was detected in South Africa, with Singapore and India announcing tighter border controls and more stringent COVID-19 testing on Friday. Scientists are still discovering more about the new variant, which was first identified earlier this week, but the news hit financial … Read more

NHRC to revive open hearing system in various states

The National Human Rights Commission, NHRC, India has decided to revive the Commission’s open hearing mechanism in various states to hear complaints from the general public regarding alleged violation of human rights. This decision has been taken in view of the improvement in the situation of Kovid. During the open hearing, the concerned officers are … Read more

India has 80 million homeless dogs, cats, highest levels of abandonment: Mars Petcare Report

With 79.9 million homeless cats and dogs living in shelters or streets, India has the highest level compared to countries such as the US, China and Germany, a report by Mars Petcare India said on Thursday. Mars PetCare India, in partnership with an advisory board of leading animal welfare experts, released the ‘State of Pet … Read more

Active COVID-19 cases in the country lowest in 539 days

India recorded 9,119 new coronavirus infections, taking the total number of COVID-19 cases in the country to 3,45,44,882, as per the data updated by the Union Health Ministry on Thursday, while the active cases came down to 1. 09,940, which is the lowest in 539 days. The death toll rose to 4,66,980 with 396 fresh … Read more

Zydus set to join other vaccines in India’s COVID fight soon

The government has started preparations to include Cadila’s ZyCov-D in the COVID-19 vaccination programme. The vaccine is likely to be given to adults from December. The drug regulator had on August 20 granted emergency use authorization (EUA) for a three-dose COVID-19 vaccine, which can be given to people aged 12 years and above for the … Read more

Covaxin offers less protection in delta wave, real-world study claims

Covaxin, one of the main vaccines used in India’s coronavirus vaccination campaign, provides only 50% protection against symptomatic COVID-19, according to a real-world study that suggests the shot was more effective than initially thought. is less effective. As India was slammed by its second major Covid wave earlier this year, researchers at the All India … Read more