The RBI raked in a massive net income gain from foreign exchange currency sales as a buffer for the rupee during tumultuous geopolitical upheavals last year owing to Russia's invasion of Ukraine.
Siddaramaiah's anti-urban bias, which he does not bother to hide, may become the Congress government's biggest weakness unless it is corrected.
While the fiscal year has just begun, any windfall surplus will be welcomed by the government as it bids to meet the fiscal deficit target of 5.9 per cent of GDP, amidst lack of clarity on exactly to what extent will recession in the West impact India's trade and tax collections.
He takes over the CBI in challenging times. The perception is that the agency is reduced to being an instrument of blackmail and intimidation by successive governments.
The two main factions in Karnataka's Congress party -- one led by Siddaramaiah and the other by D K Shivakumar -- are both contenders for the chief ministership. Both groups have fought hard to get their choice of MLAs the party ticket, notes Aditi Phadnis.
If the corruption issue doesn't claim Mr Baghel, the Congress's chances in the assembly election later this year are good, observes Aditi Phadnis.
Hakki Pikkis are a semi-nomadic tribe, traditionally of bird catchers and hunters, from Karnataka. Their knowledge of the forest and traditional medicine is extensive and is prized by the Sudanese community.
All the current political upheavals in Maharashtra are with the 2024 elections in mind and there is a degree of white-knuckle tension in all parties.
India's economy continues to be robust, but downside risks such as rising crude oil prices, adverse weather conditions, and the global banking crisis outweigh the upside potential in gross domestic product (GDP) growth in the current financial year (FY24), the finance ministry said on Tuesday in its Monthly Economic Review for March. "We reiterate that downside risks to our official forecast of 6.5 per cent for real GDP growth in FY24 dominate upside risks," the review said. "Opec's surprise production cut has seen oil prices rise in April, off their lows of low-seventies per barrel in March.
Panthic politics came easily to Parkash Singh Badal. But he was quick to abandon it when it became a problem, points out Aditi Phadnis.
'So must the Opposition where it is the dominant party in the state.' 'That is neither problematic nor impossible to achieve.'
The Congress is planning to call a meeting of Opposition parties in May. It is possible to keep all possibilities open in case Karnataka yields a hung House, leading to a recalibrated Opposition.
There is, between Rao's tenure as PM and the current Modi regime, a powerful resonance of how transition can be managed. Rao's tenure saw many scams -- one where he was supposedly approached by Harshad Mehta with a bribe for making the securities scam go away. The Opposition insisted on a JPC. Despite knowing a JPC report would undermine him politically, Rao agreed to one, saying he had 'nothing to hide'.
They are the contenders, the leaders of parties that will finally form a government in Karnataka.
'With a solid investment programme and sustainable development strategy, India can exceed 7 per cent growth per year, or a doubling of high-quality national income within a decade.'
'It's not that the Opposition has to search for common ground.' 'The government is handing the common ground to the Opposition.'
One fallout of Rahul Gandhi's disqualification will be reflected in the Opposition's role in Parliament and related institutions.
The ministry of minority affairs informed the Lok Sabha that in 2022-2023, it had been allotted Rs 5,020.5 crore (Rs 50.20 billion); in the Revised Estimates, it had got Rs 2,612.66 crore (Rs 26.12 billion); and had spent, until the end of March this year, Rs 712.5 crore (Rs 7,12 billion).
In an election where every seat will matter, micro-strategising is going to be the order of the day. And in such a situation, party infighting - in all parties --could lead to unpredictable results.
He staked everything to ensure the BJP returned to power; and now that it has, he stands to lose a lot, points out Aditi Phadnis.
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