CORONAVIRUS: Gujarat overtakes Delhi for No.2 spot, leads in death rate

With an addition of 127 cases so far today, the western Indian state of Gujarat has dislodged the national capital Delhi as the state with the second highest number of Coronavirus 2019 cases in India. The state, which also crossed the 2,000 patient milestone today, also has the highest death rate — along with Madhya […]

Colors, Star Plus & Zee TV see sharp fall in ratings after COVID-19 lockdown

Premium Hindi general entertainment channels, including Star Plus, Zee TV and Colors, have seen a sharp decline in their viewership during the COVID-19 lockdown, even as viewership of Doordarshan, movie channels and news channels have seen sharp increases, reveals ratings from BARC, India’s largest TV ratings agency. Even as general TV viewership increased, no category […]

RISING COVID-19 CASES: Is India’s lock-down a total failure?

The first case of COVID-19 in India was reported 67 days ago on January 30 in Kerala. It was only after 55 days that India imposed a countrywide lockdown to prevent the virus from spreading. In those 55 days, the Coronavirus infected around 500 people — at an average rate of 9 new infections per […]

COVID-19: Stock Markets will ‘wait and watch’ for 1 week

Stock markets extended their losses on today, with the Nifty 50 falling by around 2.5% to 8,967. Among the biggest drags were ICICI Bank, which fell nearly 9%, indicating that large, foreign portfolio investors are exiting their long positions in the market. With this, the Nifty 50 index is now down 27.5% from its all-time […]

Stock markets likely to find near-term bottom on Tuesday

Stock market indices, including India’s Sensex and Nifty 50, are likely to find their short-term bottom today, after a savage correction on Monday in both the Indian markets as well as US markets. The Dow Jones Industrial Average suffered another massive setback on Monday, dropping by a massive 13% to 20,188. With this, 30-stock US […]

MARKET CORRECTION: Good time to invest?

Major Indian stock market indices fell by 8-9% today in the biggest single-day fall since the global financial crisis of 2008. The Sensex fell 2,919 points (8.2%), while the Nifty 50 fell 868 points (8.3%) — by far the biggest single-day points correction in the history of these two indices. GOOD TIME TO INVEST? The […]

AGR DUES: Why Vodafone Idea shutdown is unlikely

Vodafone Idea, one of the top telecom operators in India, is likely to deposit Rs 2,500 cr towards the demands raised by the Department of Telecom related to revenue share under India’s telecom license rules, according to industry sources. The company has been served with a total demand of over Rs 53,000 cr. Meanwhile, Bharti […]

ANALYSIS: Can Reliance Jio avoid increasing 4G data prices?

On Tuesday night, Reliance Jio — the telecom operator that has made wireless data accessible to crores of Indians for the first time — said it would adopt ‘appropriate increases’ in tariffs over the next few weeks to help generate enough money to fund investments. The comment came in the wake of similar statements by […]

Bharti Airtel 4G base crosses 10 cr, overtakes Jio in per-capita usage

Bharti Airtel, the former No.1 telecom operator in India, has started bouncing off the bottom as far as its operational numbers are concerned. The numbers for the second quarter (July to September 2019) showed that the company has definitely turned the corner, at least far as broader operating numbers and revenue are concerned. However, the […]

Chidambaram’s Arrest: A Breakdown in Lutyen’s Consensus?

The arrest of former finance minister P Chidambaram has thrown many critics of the current administration into a quandary. On the one hand, they know that there may be some truth to the allegations of corruption made by the investigating agencies. They would, therefore, like nothing better than for corrupt politicians to be probed just […]

Masood Azhar’s terror tag more a diplomatic victory than a strategic win

In what is considered a major diplomatic victory for India and an extra push for Indian Prime Minister Narendra Modi in the middle of the general elections, the United Nations (UN) on Wednesday declared Masood Azhar, chief of Pakistan based terror group Jaish-e –Mohammad, a designated terrorist. The way was cleared for declaring the terror […]

Idea Cellular likely to expand 4G offers this year

Idea Cellular, India’s third biggest telecom player by revenue, is likely to see its 4G data capacity rise to three times the current level over the next nine months, which is likely to push the price of data down further. This could impact Reliance Jio’s ability to stop its discounts and move to ‘full pricing’ […]

Is Narendra Modi the new OBC Messiah?

It must be one of the great ironies of Indian politics that it was a party known for its staunchly upper caste base that finally brought OBC wave to national politics. While many political observers have praised the BJP for “destroying the caste politics” of backward leader Mulayam Singh Yadav and dalit leader Kumari Mayawati, […]