The discussion will be about setting up various coordination committees, he said.
As the country faces the possibility of a fractured mandate after the 2014 general elections, Planning Commission Deputy Chairman Montek Singh Ahluwalia is of the view that in an era of coalition governments, special steps are needed to build consensus around policies or else, India will not be able to grow at its full potential.
Ending days of suspense, the Congress on Thursday announced Siddaramaiah as the next chief minister of Karnataka and D K Shivakumar as his only deputy in the soon-to-formed cabinet.
The proposed changes making it easier for government and businesses to buy farm land are now likely to be implemented by states, not by the central government
In the first high-level bilateral engagement after the installation of the NDA government, India on Thursday assured Bangladesh that efforts were on to evolve a national consensus on the contentious Teesta river water sharing deal even as it announced easing of visa norms for certain categories of visitors from Bangladesh.
However, Rajya Sabha being a continuing chamber is not subject to dissolution, and bills introduced and pending in this House remain on the live register, unless withdrawn by the government.
The opposition Congress has decided to support the bandh in protest against the ruling Bharatiya Janata Party's 'failure' to control the situation in the north-eastern state, a party spokesperson said on Saturday.
In a post on X, Modi said, "Happy to have welcomed @POTUS @JoeBiden to 7, Lok Kalyan Marg. Our meeting was very productive."
The stock has gained over 10 per cent in the last month but it could still have an upside, with valuations between Rs 5,200 and Rs 5,700 from several analysts and strong 'buy' consensus.
The impending merger between Housing Development Finance Corporation (HDFC) with HDFC Bank may create challenges for large-cap fund managers, most of whom are already grappling to match the returns generated by their benchmarks. The combined weight following the merger in the benchmark Sensex and Nifty 50 indices is likely to be much higher than permissible limits for active mutual fund (MF) schemes. This could have a bearing on the performance of large-cap funds if HDFC Bank shares outperform the markets, as the schemes will be forced to remain underweight on the stock to adhere to the single-stock cap.
Allahabad high court Chief Justice D Y Chandrachud has criticised the Uttar Pradesh government for putting the name of Justice (retd) Virendra Singh in the list sent to Supreme Court for appointment of Lokayukta, and also for "failing" to inform the apex court that a panel had "nearly reached" an understanding on a name.
Large Indian IT services companies are expected to report "muted" sequential show in a traditionally strong second quarter, as macroeconomic challenges continue to weigh on global discretionary spending, say market watchers. The big earnings week for tech heavyweights is up ahead, with Tata Consultancy Services (TCS) scheduled to announce its results on October 11, and both Infosys and HCL Technologies on October 12. Wipro is slated to declare its Q2FY24 results next week, on October 18.
The headline for corporate profit growth has been very encouraging in the July-September quarter (Q2) of 2023-24 (FY24), with the combined net profit of listed companies up by 38 per cent year-on-year. However, the earnings distribution has been very lopsided, with most of the growth coming from public-sector oil-marketing companies (OMCs), banks, non-bank lenders, automobile (auto) companies, and cement producers. By comparison, companies from information technology services, fast-moving consumer goods (FMCG), retail, and consumer durables were disappointed, experiencing a sharp slowdown in net sales growth and a relatively muted increase in reported net profit.
CPI-M General Secretary Prakash Karat admitted that differences did exist between the allies and said, "We are trying to reach a consensus."
At a meeting with the prime minister, Leader of Opposition Sonia Gandhi insisted that Congress president suggested the government consult other political parties before taking any decision on the issue.
The Assam government wants to ban polygamy as "a component of the Uniform Civil Code" and will form a committee to examine whether the state legislature was empowered to prohibit the practice prevalent in parts of the state, Chief Minister Himanta Biswa Sarma said on Tuesday.
Reliance Industries may report a muted performance for the April-June quarter of FY24, with most brokerages expecting it to have witnessed a year-on-year (YoY) and quarter-on-quarter (QoQ) contraction in revenue and net profit during the period because of a poor showing by its oil-to-chemicals (O2C) division. The O2C division, which includes refining and petrochemical businesses, accounts for a little over half of RIL's revenue and profit. A muted showing by RIL in the first quarter of 2023-24 may weigh on the overall corporate earnings, as well as the equity markets.
The women's Reservation Bill is likely to be introduced in the Lok Sabha on Tuesday during the ongoing special session of the Parliament and in Rajya Sabha on September 21, government sources said.
The move comes a day after the government called a special session of Parliament between September 18 and 22, the agenda for which is under wraps.
Minister of State Prahlad Singh Patel on Monday posted on social media platform X that the Union Cabinet has approved the women's reservation bill, but deleted the post within an hour.
Investors looking for a fixed-income product that is free of credit risk may invest in these bonds.
The minister further said the Sri Lankan government is holding continuous interactions with the Tamil diaspora and people and leaders living in different parts of the world.
Modi told US lawmakers, "I can understand the debate of ideas and ideology. But I am delighted to see you come together today, to celebrate the bond between the world's two great democracies -- India and the United States.
The Indian markets have seen a good run in the last three months with the S&P BSE Sensex rising around 7 per cent and the Nifty50 moving up 7.5 per cent. The next leg of the market rally from here on, analysts suggest, will be driven by a growth in corporate earnings over the next few quarters. That said, they do not expect material / sharp downgrades to India Inc's earnings estimates despite headwinds for the economy.
For the Mizo people, tribal and family identity are important. But so are jobs, farmers' access to markets, roads, and health facilities for a young population where drugs are a big affliction.
'Voters vote differently in the state elections and Parliamentary elections even if they are held together'
At a time when the market is betting on a 'higher for longer' global interest rate view, Accenture's (ACN) weak revenue forecast is a negative read-through for the Indian IT firms, according to analysts. The Dublin-based company sees its revenue growth at 2-5 per cent in constant currency (cc) for the financial year 2024 (FY24), below the pre-Covid levels of 5-8 per cent for FY17-20. The weak projection, thus, signals that slower demand is likely to persist this year, and any recovery is unlikely in the near-to-medium term, experts note.
National Security Advisor Ajit Doval held a meeting with top Chinese diplomat Wang Yi during which he emphasised the need for continuing efforts to restore peace and tranquillity in the border areas to remove the 'impediments' to normalcy in bilateral relations.
The chief minister underscored the back-to-back suicide deaths of a son and his father on August 12 and 13 respectively due to the stress of NEET.
Veteran striker Sunil Chhetri will be spearheading the Indian challenge and besides his longtime teammate Sandeep Jhingan, he will also be able to avail the services of Chinglensana Singh and Lalchungnunga.
What all global leaders need to understand is that no Generative AI regulation will work unless they start with the basics, which is data collection, asserts Prosenjit Datta.
Asserting that the world does not have much time to correct the mistakes of the last century, Prime Minister Narendra Modi on Friday announced a 'Green Credit Initiative' focused on creating carbon sinks through people's participation and also proposed to host the United Nations climate conference in 2028, or COP33, in India.
'Vijaya Raje Scindia had assured the prime minister that nothing would happen to the Babri Masjid'
'Bihar, Maharashtra, Karnataka, Bengal can be the game changers of 2024.'
India is well positioned to lead the global transitions of digital and artificial intelligence, energy, value supply chains, and the country's growth journey will shape the world's future, B20 India chair N Chandrasekaran said on Friday. In his address to the B20 Summit India 2023, Chandrasekaran, who is also the chairman of Tata Sons, asserted that India stands as a beacon of growth and positively stands out in the global economy, which is facing strong headwinds, tightest rate cycle in decades and record levels of public debt. "The world is currently navigating through three important fundamental transitions.
Rijiju made the remarks while responding to Delhi Chief Minister Arvind Kejriwal, who dubbed as 'extremely dangerous' the government's move to ask the Supreme Court to include its nominees in collegium.
Asked about the anti-American demonstrations in Pakistan, US State Department spokeman Richard Boucher said: "Pakistanis and others certainly have the right to demonstrate and express their political beliefs."
The Working Mechanism for Consultation and Coordination on India-China Border Affairs (WMCC) was established in 2012 as an institutional mechanism for consultation and coordination for the maintenance of peace and tranquillity in the border areas.
Shares of Infosys hit a five-month low of Rs 1,419.60, down 1 per cent on the BSE in Tuesday's intra-day trade. The stock was quoting at its lowest level since October 10, 2022. In past two days, the stock of information technology (IT) bellwether was down 4 per cent after the company on Saturday informed to the stock exchanges that Mohit Joshi, president of the company has resigned effective March 11, 2023. Mohit Joshi will be on leave thereafter and his last date for the company would be June 9, 2023, Infosys said in an exchange filing.
The governor made it clear that the RBI is aware of what's happening and acts accordingly, but doesn't make a noise about that, points out Tamal Bandyopadhyay.
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