COVID RISE
Post-Covid, 6,000 challengers have emerged that will take on market leaders in next 5 years: Saurabh Mukherjea
Saurabh Mukherjea says the last four years, the post-COVID era, has been about democratisation of profit pools. But it is not democratisation for everybody. It is democratisation for roughly 6,000 companies that are below the top layer, the second decile. In the next five-six years, the challengers will come after the ruling dominant franchises in the country with disruptive, lean, efficient models.
Spiritual apps get blessed with more users, investors post Covid
Post-pandemic spiritual and astrology apps have seen a significant resurgence, benefiting from increased online engagement and a growing interest in spiritual practices. Startups such as Vama.app are seizing this opportunity by offering virtual pujas, temple darshans, and astrology services, marking a notable shift in consumer behaviour towards digital spiritual experiences.
UPI usage surges in India on the back of small businesses
India's adoption of digital technology, particularly UPI, has seen a significant increase in business activities, particularly in the informal sector. A recent survey by the Statistics Office revealed that internet usage for business purposes increased from 7.7% in rural areas to 30.2% in urban areas during 2022-23. This represents a 7.2 percentage point increase, highlighting the rapid adoption of digital payment methods in the informal sector.
UK election-winner Starmer inherits weak economy with 'no magic wand'
Living standards have stagnated since Conservatives took power in 2010 and Britain's recovery from the COVID pandemic has been the weakest among big rich nations after Germany. Starmer will be under pressure to use Labour's huge majority in parliament to end the sense of decline, from creaking public services and inflation-hit personal finances to a shortage of housing and weak business investment.
Flying high! Tourism stocks rebound up to 4,721% from Covid lows
Shares of BLS International Services and other top tourism stocks have seen remarkable growth post-lockdown, with returns ranging from 1,222% to 4,721%. The newly launched Nifty Tourism index tracks 17 constituents, offering investors a diversified approach to the booming tourism sector.
If you test positive for COVID, can you still travel?
With variants KP.2, KP.3, and LB.1 surging, the CDC advises isolation if symptomatic, testing kits, masks, and medications for July 4 travelers. Vicki Sowards suggests Paxlovid for high-risk groups. U.S. citizens no longer need vaccine proof/tests. Adhere to physical distancing, good hygiene, and updated vaccines to curb rising hospitalizations and deaths. Follow CDC guidelines for safe travel.
- Go To Page 1
COVID-19 reaches high level. Hospitalization, emergency visits, deaths go up. What have CDC data revealed?
According to the CDC, Hawaii has registered a substantial rise in the number of people diagnosed with COVID-19, however, Arizona, New Mexico, Florida and Washington have comparatively less number of such people. The numbers for emergency room admissions and deaths have also gone up.
Why have 39 US states witnessed COVID-19 surge? Know about reasons, new variants, common symptoms and more
There is a summertime spike in COVID-19 cases in 39 states in the United States. Reduced immunity, low vaccination rates, new COVID-19 variations, and an increase in indoor meetings are the main causes of this surge.
Prices of premium residential under-construction properties continue to rise in top cities
According to Savills India, prices of premium under-construction residential properties surged up to 53% in major cities like Gurugram, Delhi, Noida, Bengaluru, and Mumbai. Gurugram led with the highest increase. North Goa also saw a 28% rise in villa prices, driven by remote work trends and high rental yields.
Bengal government withdraws 2% stamp duty, 10% circle rate relief for real estate sector
The West Bengal government has decided to end temporary relief measures for the real estate sector, including a 2 per cent stamp duty reduction and 10 per cent circle rate slash, effective July 1. Initially introduced in October 2021 to combat COVID-19 economic impacts, the benefits were extended multiple times. Sushil Mohta, of CREDAI West Bengal, expressed gratitude for the measures but urged a reconsideration, emphasizing the sector's significant contributions to the state's economy.
Is the US facing a surge in COVID-19 cases? Symptoms, variants, vaccines and other details
The US is facing a summer surge in COVID-19 cases. The new variants are spreading and this has yet again raised the importance of taking precautions.
Affordable housing suffering; luxury continues to show bumper sales: Gulam Zia
Commercial real estate also is doing phenomenally well. If I have to give a few numbers, the last quarter and we saw almost about 14 to 15 million square feet of gross absorption of office space in the country, the top seven-eight markets that we always talk about.
Residential real estate at a 15-yr high; commercial may see best ever year: Anuj Puri
Clearly within the residential, we are seeing luxury doing exceptionally well, affordable unfortunately not doing as well and there is not that much supply that is coming in. But cities like MMR, Mumbai, Bangalore, NCR really leading the pack.
New Covid wave expected in US? Doctors 'bracing for impact' with KP.3 variant on the rise
New coronavirus variants like KP.2 and KP.3 are emerging in recent times and the cases keep on mounting in the US, according to recent health data. KP.2. and KP.3 variants of the coronavirus currently comprise of half of the entire Covid cases active in the United States and the numbers are not looking at going down anytime soon.
Rising to prominence as health minister during Covid peak, Mandaviya returns to Modi cabinet
Mansukh Mandaviya, a grassroots BJP worker, became the Union health minister after rising through the party ranks. He won the Lok Sabha elections from Porbandar, Gujarat, defeating Congress' Lalit Vasoya by a large margin.
Mumbai set for another vertical boom, high rise buildings projected to rise over 30% this decade
The number of completed towers of over 40 Floors until 2023 were 154. Now between 2024 and 2030, the number of such towers will be 207. This means would be a 34 per cent jump between the two periods - from 154 towers until 2023 to 207 towers between 2024-2030. Anarock said these 207 towers are under various stages of construction presently with completion timeline anytime between 2024 and 2030.
AU Real Estate to invest Rs 600 crore in luxury residential project in Ghaziabad
AU Real Estate will invest Rs 600 crore in "The Sunflower," a luxury residential project in Aditya World City, Ghaziabad. The project will feature five towers with 30 floors each, offering a total of 595 units spread over 6.94 acres. The property will have 3 and 4 BHK apartments ranging from 2700 to 4000 square feet. It will also include a 70,000 sq ft lobby area in each tower. The company plans to fund the project through sales receivable and internal funds, capitalising on the post Covid surge in residential real estate demand.
As COVID cases rise again, what do you need to know about the new FLiRT variants?
FLirt Covid 19 Virus: Scientists are studying the FLiRT variants, subvariants of the Omicron lineage, which may be more contagious and evade immunity better. The FLiRT variants, derived from the JN.1 variant, are demonstrating increased 'fitness' and may become the dominant subvariants in Australia. Booster shots targeting Omicron XBB.1.5 provide significant protection against severe illness.
Health insurance premium shot up over 25% last year for 52% policyholders, finds survey; here's how the impact can be reduced
Health insurance: Premiums of health insurance policies went up by more than 25% for 52% policyholders in India over the last 12 months. In this article we tell you how this will impact senior citizens and others and how you can take steps to reduce its impact if you are a new health insurance policy buyer.
Gold prices rise more than 15% in last three months; what strategies should investors opt now?
The yellow metal has risen more than 15% in the past three months and emerged as the best performing asset class since the beginning of 2024. Several factors have pushed up the yellow metal in the past three months. Will the rally in precious metal continue? What should investors do? Is bullion a good investment? How to invest in gold. ET Wealth answers all your questions.
Insacog calls meet on Friday to assess rise in Covid cases
Parts of North India have been seeing an increase in Covid-19 numbers for the last few days. Last week, Delhi recorded 63 new Covid-19 cases, the capital's highest daily total since May of last year. The last time the daily number of Covid-19 cases in Delhi exceeded 50 was in May 2023.
Covid-19 cases rising again in India: Experts cite this reason and precautions
Delhi recorded 63 new Covid-19 cases, marking the highest daily number since May last year. Other northern states like Rajasthan, Uttar Pradesh, and Bihar are also experiencing a rise in cases. Over the past 15 days, Delhi reported a total of 459 cases. Experts believe that the actual count is likely much higher due to low testing rates. The northern states are witnessing a spike in cases, while Karnataka is experiencing a decline.
Luxury car sales in India surge to record high, up 20% YoY
Luxury car sales in India reached a record high of 42,731 units in 2023, up 20% YoY. The increase is attributed to a lifestyle change after Covid-19, with younger professionals opting for high-end cars. The trend is expected to continue due to rising disposable income levels. The growth potential of this segment is significant, given the low penetration of the segment.
Three fresh Covid-19 deaths, 609 new cases recorded across India
India has reported 609 new Covid cases, with active cases declining to 3,368, according to the health ministry. The number of daily cases dropped to double-digits until December 5, 2023, but increased after the emergence of a new variant and cold weather conditions. After December 5, 841 new cases were reported, 0.2 per cent of the peak cases in May 2021.
Current Covid cases are mild infections, nothing to worry: Delhi health minister
India has recorded 573 fresh cases of COVID-19 and the number of active cases has increased to 4,565. Two new fatalities due to the disease - one each in Karnataka and Haryana - were reported in the last 24 hours. Amid an uptick in the number of Covid cases and the detection of the JN.1 sub-variant in the country, the Centre has asked states and Union territories to maintain a constant vigil .
India records 573 fresh COVID-19 cases, 2 fatalities
The daily numbers were in lakhs at the peak of the pandemic, which began in early 2020 and has seen more than 4.5 crore people getting infected and over 5.3 lakh deaths in about four years since then across the country. The number of people who have recuperated from the disease stands at over 4.4 crore with a national recovery rate of 98.81 per cent, according to the ministry's website.
ET Explains: Covid cases rising, but new strain not behind the surge
India experienced a single-day increase in Covid-19 infections, with active cases reaching 3,742. A new strain, "JN.1," has been detected, but it is not driving the surge. From November to now, only 22 cases have been reported, less than 1%. Experts say there is no increase in hospitalization, severity, or fatalities.
Load More
