The government on Thursday clinched a "broad consensus" on the contentious Land Acquisition Bill, paving the way for its consideration and passage in Parliament in the Budget Session which resumes on Monday after a month-long recess.
'It's a debatable topic, and we will submit our comments to the RBI by June 15.'
Ishan Kishan's reluctance to play first-class cricket and focus only on the IPL forced the BCCI to make a minimum number of Ranji Trophy games mandatory for players in order to be eligible for IPL's auction pool.
Once rolled out, theaterisation will be the biggest military reform in the country. It will see the creation of unified theatre commands within the 1.7 million-strong Indian armed forces.
From its lows over the past month, the stock of footwear major Campus Activewear gained 13 per cent to Rs 280.4 a share. The gains came on the back of better than expected operating profit margins in Q4, reduction of debt and expectations of market share improvement. The company expects volume growth, which has thus far missed expectations, to recover going ahead on the back of multiple triggers.
Will Modi 3.0 also see theaterisation of India's armed forces?
Debunking the claim of Telangana Rashtra Samiti president K Chandrasekhar Rao that decision on the creation of Telangana state would be announced by the Centre by Dussehra, Union Minister Ghulam Nabi Azad on Friday said a decision will be taken only after arriving at a 'consensus'.
In the coming assembly election, negotiations over seat-sharing will be as important as actual outreach to voters.
India's 10-year bilateral contract with Iran for the operation of Chabahar Port is likely to bring in an investment of approximately $370 million. This comprises a direct investment of $120 million from India for infrastructure development and a $250 million line of credit to Iran, Business Standard has learnt. With the $120 million committed for port development, India is set to procure advanced equipment, such as rail-mounted quay cranes, rubber-tyred gantry cranes (also known as transtainers), reach stackers, and forklifts.
With several names doing the rounds for the presidential election, the Bharatiya Janata Party leader Mukhtar Naqvi on Friday said there should be a consensus on the candidate.
Former vice-president and senior Bharatiya Janata Party leader Bhairon Singh Shekhawat on Wednesday said he will not contest against the party's prime ministerial candidate Lal Kishanchand Advani, but left himself open to being a consensus candidate. Shekhawat, who had earlier said he may contest the next Lok Sabha polls, was asked if he could be a consensus candidate should the National Democratic Alliance led by Advani failed to attract enough MPs.
The paper said that the taxation proposal needs to be accompanied by explicit redistributive policies to support the poor, lower castes, and middle classes.
Under attack from some states on the National Counterterrorism Center issue, Prime Minister Manmohan Singh on Tuesday said consensus-building was the only way forward and vices like terrorism need to be tackled together by the Centre and states.
NMDC reported a strong standalone revenue at Rs 5,410 crore, rising 45 per cent year-on-year (Y-o-Y) and 35 per cent quarter-on-quarter (Q-o-q) in line with consensus. Iron ore sales at about 11.4 million tonnes (MT) grew 18.9 per cent Y-o-Y (19 per cent Q-o-Q). Realisation stood at Rs 4,679 per tonne, higher by 22 per cent Y-o-Y (12.9 per cent Q-o-Q).
Analyst are cautious about the performance of IT services sector from January to March quarter (Q4) of FY24 and the first half (H1) of FY25. While the Bloomberg consensus on revenue implies the market is expecting 2-3 per cent growth on a quarter-on-quarter (Q-o-Q) basis for the IT majors through FY25, the H1FY25 is likely to see even flatter returns, and Q4FY24 is likely to be poor. There is likely to be some recovery in the second half (H2FY25) but even so, there's a chance that the market will be overall disappointed.
The Pakistan Cricket Board (PCB) has reorganized its selection committee by doing away with the chairman's post and giving powers to the selectors to pick the captain and head coach of the national team.
The L-G will take decisions on police, officers of all-India services such as the IAS and the IPS, and giving sanction for prosecution in various cases.
'A firm national resolve can only deter and defeat the nefarious designs of the adversary,' notes Rup Narayan Das.
Jailed former Pakistan prime minister Imran Khan has invoked the case of Delhi Chief Minister Arvind Kejriwal getting bail to campaign ahead of India's general elections, as he complained before the Supreme Court about the mistreatment meted to him in jail.
The discussions on the new Goa CM came to a halt after Maharashtrawadi Gomantak Party MLA Sudin Dhavalikar wanted to be the chief minister.
Good results for the January-March quarter (Q4) of FY24 and strong seasonal demand have led to strong investor interest in Crompton Greaves (CG) Consumer Electricals which is hitting new highs. While there's bullish consensus on the company's future performance, the stock has gained over 40 per cent in the last six months and valuations may become stretched. The Q4FY24 revenue rose 9.5 per cent YoY to Rs 1,960 crore.
Industry body CII on Thursday made a case for pushing reforms in sectors like land, labour, and agriculture by the Modi 3.0 government to accelerate economic growth, which is estimated to be around 8 per cent in the current financial year. CII president Sanjiv Puri said a lot of policy interventions in the past have put the economy on "a much stronger wicket". "The growth rate is poised to touch 8 per cent during the current year, marking the fourth consecutive year of above 7 per cent + growth.
FSN E-Commerce Ventures (Nykaa) hosted its annual investor day recently. The responses were positive from analysts. Although some analysts pared FY25 and FY26 estimates, the bulk continued to issue 'buy' calls after the stock rose 2.5 per cent. The management expects the Beauty & Personal Care (BPC) business to grow at a 25 per cent compound annual growth rate (CAGR) during FY24-28.
The compulsion behind India and Japan to deepen security cooperation is in response to China's growing political and economic clout and its assertive behaviour in disputed areas. This has been the key driver for bringing both India and Japan closer in the domain of security cooperation, explains Dr Rajaram Panda.
It is being suggested that apps, such as WhatsApp and Telegram, should share their APIs with each other to ensure there is interoperability, just as it exists across email services.
India would like to see a consensus that builds on essentially the ideas that the then prime minister Rajiv Gandhi put forward of a nuclear weapon free world --moving towards it in pre-determined, verifiable time frame.
Is it is necessary to play divisive politics to succeed in the next general elections? asks Dr Sudhir Bisht.
The Samajwadi Party, RJD and some other parties do not favour the bill in its present form.
Prime Minister Narendra Modi led-NDA government in its third term must tackle the problem of unemployment in the country, especially in the unorganised sector and in small and medium enterprises, former NITI Aayog Vice Chairman Rajiv Kumar said on Monday. Kumar also emphasised that the government now must finalise the four labour codes as it has been delayed beyond expectations. "We must recognise that post-COVID economic recovery has been a K-shaped recovery.
S&P Global Ratings on Friday said it will watch the fiscal numbers for the next 1-2 years, besides pro-growth policies of the new government, before deciding on India's sovereign rating upgrade. S&P, which earlier this week upgraded India's outlook to positive while retaining the sovereign rating at BBB-, expects the new government to continue with pro-growth policies, infrastructure investment and commitment to fiscal consolidation.
The ICC Board of Directors meeting on Monday ended up being a damp squib after they failed to reach consensus over Shashank Manohar's replacement as the next chairman of cricket's global governing body.
Government agreed to a key demand of the BJP, which had suggested that instead of acquisition, the land could be leased to developers so that its ownership will remain with the farmers and would provide them with regular annual income.
It was a tough negotiation and the consensus on the declaration was a great achievement by India, European sources said on the condition of anonymity.
The government should hold extensive consultations on the proposal with all stakeholders, including political parties and non-political entities, AAP national general secretary (organisation) Sandeep Pathak said.
Sharma's letter comes at a time the Congress has intensified its demand for a nationwide caste census and promised to carry out the exercise if elected to power in the Lok Sabha elections.
'It's not a short tournament, it's quite a long tournament, but by saying that, you would prefer to get off to a good start than get off to a slow start. We have still got 12 games to play.'
"Fresh elections to the assembly should be held to enable people to elect a popular government in the state in accordance with law," the memorandum to the Haryana governor read.
Former Australia opener Matthew Hayden also wants Kohli to bat as much as possible in the powerplay.
It is only the Indian approach of holding on to multiple realities and contradictory ideas simultaneously that is likely to deliver peace and progress. Binary logic is out of sync with reality, notes R Jagannathan.
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