With the strain and anxiety of the longest Lok Sabha polls now behind the leaders, governance, with consensus, is the next step.
Minister of State for Environment Jayanthi Natarajan said that countries should "define their sustainable development strategies as per their national priorities and respective stages of development".
The Centre should talk to all political parties before arriving at a consensus on the Lokpal Bill, West Bengal Chief Minister Mamata Banerjee on Tuesday said and stuck to her stand that it should be left to the states to set up Lokayauktas on models they choose.
Why did the political system in the country react to these two decisions of the Modi government in a diametrically opposite manner? asks A K Bhattacharya.
'Unlike in the sporting arena, where sports federations moved from partisan to impartial referees, in Indian democracy's biggest festival, it appears we are moving backward from unbiased and objective to one-sided and partisan,' observes Nilanjan Mukhopadhyay.
Modi's remarks came in response to a congratulatory message from Taiwan President Lai Ching-te on his election victory.
However, the Polycab share price is up by nearly 80 per cent while Havells' has risen by 39 per cent. The Sensex has gained 26 per cent in this period. The Q1FY25 results were in line for both companies.
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).
'It's a debatable topic, and we will submit our comments to the RBI by June 15.'
Flagging "anxieties" of business leaders on issues like red tape, tax laws, regulation and proceedures, Prime Minister Manmohan Singh on Friday said he often found it tough to deal with these challenges due to "lack of political consensus on reforms".
The Sports Ministry said unless there is consensus in the IOA, the government will not be going for the meeting with the International Olympic Committee scheduled to be held in Lausanne on May 15 to find a way for India's return to the Olympic movement.
Shiv Sena-Uddhav Balasaheb Thackeray chief Uddhav Thackeray on Friday said he will back any candidate announced by the Congress and Nationalist Congress Party-Sharadchandra Pawar as Maha Vikas Aghadi's chief ministerial face.
Apart from Lagarde, Mexican central bank governor Agustin Carstens and Kazakhstan's central bank governor Grigory Marchenkois are in the fray for the IMF managing director's post which fell vacant after the ignominious exit of Dominique Strauss-Kahn last month.
L&T surprised on the upside of consensus due to stronger-than-expected growth overseas. The Q1FY25 results were ahead of estimates on both revenue and net profit fronts. The company reported a 15 per cent year-on-year (Y-o-Y) growth in revenues along with 15 per cent Y-o-Y growth in operating profit and 12 per cent Y-o-Y growth in net profit on consolidated basis.
According to the sources, former Lok Sabha speaker Meira Kumar, ex-Union home minister Sushil Kumar Shinde, CPI national secretary D Raja, Bharip Bahujan Mahasangh leader and grandson of Dr BR Ambedkar, Prakash, and retired diplomat Gopal Krishna Gandhi are some of the probable contenders whose names the Opposition parties are considering.
Terming the rape and murder case of a medic at Kolkata's RG Kar Medical College and Hospital as horrific, the Supreme Court on Tuesday came down heavily on the West Bengal government over delay in filing first information report (FIR) in the matter.
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.
State FMs okay list of tax-exempt services with certain riders.
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 Bharatiya Janata Party is ahead in 20 seats in Manipur, with Chief Minister N Biren Singh leading by a handsome margin of more than 16,000 votes against his nearest Congress rival in Heingang constituency, Election Commission data showed.
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.
A consensus seems to have emerged on giving a second term to Nitin Gadkari as the Bharatiya Janata Partu president in coming elections for the post, a notification of which would be issued shortly.
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.
As part of the energy sector reforms, government is trying to evolve a consensus on commercial mining of coal to promote development of the sector, Coal Minister Sriprakash Jaiswal said.
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.
'India has a skill shortage of 56%.' 'This is a very interesting paradox -- the unemployment rate is 6% to 7%, and at the same time 20% of those qualified are unemployed.'
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.
In retrospect, it appeared that the bitterness of the war was still strong and the Ukrainian success in occupying Russian territory just a few days ago had added to the complexity of the situation. The positive US response to the visit, however, remains a silver lining in the dark clouds, notes Ambassador T P Sreenivasan.
Will Modi 3.0 also see theaterisation of India's armed forces?
While the 27-nation bloc is pressing hard for a significant duty cut in automobile sector in the proposed Broad based Trade and Investment Agreement, Indian industry is strongly opposed to such a move.
With India and the Asean clearing a major roadblock to a proposed free trade agreement, Prime Minister Manmohan Singh is expected to seek a broad consensus for its early implementation during the India-Asean Summit in Philippines.
The Appeals Commission hearing Pakistani fast bowlers Shoaib Akhtar and Mohammad Asif's plea to overturn their ban for positive dope tests has deferred its verdict after failing to reach a consensus on Wednesday.
The paper said that the taxation proposal needs to be accompanied by explicit redistributive policies to support the poor, lower castes, and middle classes.
Agriculture growth this year would be negative at minus two per cent as a result of adverse impact of drought particularly on kharif crop which would be down 15-16 million tonnes.
'At the informal summit, the two leaders will have heart-to-heart discussions on overarching issues and try to build mutual trust'
Stating that the United Progressive Alliance government was committed to the welfare of minorities, Prime Minister Manmohan Singh, in a letter to Jamiat Ulama-I-Hind, said there was a need to create "broad-based national consensus on the issue of reservations to the Muslim community."
All the ministers who participated in this meeting were of the opinion that as soon as there is an agreement to form an all-party government, they will hand over the responsibilities to that government, it said.
'We should be mindful that the religious minority community in one country is the majority in another (and) so treatment of the minority community in our respective countries will be an important variable in our relationship'
Consensus eluded an all-party meeting called on FDI issue on Monday even as Samajwadi Party and Bahujan Samaj Party provided comfort to the government by not insisting on voting and Trinamool Congress springing a surprise by speaking in a similar tone.
