The Madras High Court on Tuesday dismissed as not maintainable, a public interest litigation (PIL) petition challenging the organisational polls of the opposition AIADMK, where incumbents O Panneerselvam and K Palaniswami were elected unopposed as Coordinator and Joint Coordinator, respectively, of the party.
In more than one way, it's a setback for the DMK and Chief Minister Stalin in political terms. The electoral fall-out, if any, will have to wait until the next summer, only when assembly elections are due in the state, explains N Sathiya Moorthy.
Unless Governor Ravi or the Union of India moves in appeal, seeking a hearing by a constitutional Bench, this is where it all will have to end, observes N Sathiya Moorthy.
They teamed up with a former AIADMK leader KC Palanisami and appealed to the AIADMK general secretary Edappadi K Palaniswami and Panneerselvam to merge their factions and strive for the united AIADMK's victory in the 2026 assembly election.
Despite the equity booster, many would be uncomfortable about NPS.
'Geopolitics will be the most important driver of financial markets in 2025.'
Notwithstanding the recent sharp decline in the stocks of public sector companies, analysts at Jefferies remain bullish on this segment. State Bank of India, Coal India, and NTPC are their top picks in this space, they said in a recent note. The public sector undertaking (PSU) or state-owned enterprise (SOE) index, with a 70-percentage-point outperformance versus the National Stock Exchange Nifty50 over the past 12 months, comes after a decade of underperformance before 2020.
The sub-quota scheme may now lead to a ganging up of non-Vanniyars in individual constituencies against the Vanniyars just as in the past, such ganging up against SC-ST candidates was seen in the non-quota constituencies, says N Sathiya Moorthy.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
Soon after the HC greenflag on Monday, the AIADMK Executive Council meet went underway at a wedding hall, while the General Council set to follow.
By getting the Tamil Nadu assembly to act on his very imaginative public declaration to keep petro-chemical industries out of the Cauvery delta, which has traditionally been a DMK stronghold, Chief Minister Edappadi K Palaniswami has not only set the ball rolling for the assembly elections due a year later but also sent out a strong message to the BJP government at the Centre, which took a unilateral decision to exempt petro-complexes from environmental clearance, says N Sathiya Moorthy.
In the absence of the over-arching 'Jaya charisma', EPS has to convince the AIADMK's traditional constituencies, including those in his western districts, that his leadership would stand up against the BJP-led Centre even in a post-poll scenario, a la Jayalalithaa, and would not yield as much as party founder MGR had done, says N Sathiya Moorthy.
In the midst of huge job losses as a fallout of the coronavirus pandemic, Tamil Nadu Chief Minister Edappadi K Palaniswami has signed 17 MoUs for an investment of Rs 15,100 crores that aim to provide 47,100 jobs. But a clearer picture on where the projects stand will emerge only after the Covid-19 induced fear psychosis ends, to see if popular protests will derail them like they have done so many others, says N Sathiya Moorthy.
Should the ruling AIADMK in Tamil Nadu not make the required five out of 22 by-election seats, or even otherwise, the temptation to poach, especially from the Congress or starting with the Congress may be high on Chief Minister Edappadi K Palanisami's agenda, says N Sathiya Moorthy.
'When they completely surrender to the BJP or the BJP has completely taken over the party, what's the point in the AIADMK surviving and doing business in the state?'
In focus are the assembly polls in 2026. From a BJP perspective, their attack on the ruling DMK, using the 'Hindutva' card, and Annamalai's targeting of both Dravidian majors on corruption has not worked, points out N Sathiya Moorthy.
The BJP's strategy seem to be to wean away allies from the Congress, in Dravidian Tamil Nadu, and maybe later in UP, Bihar and elsewhere, though in slow doses, but without wooing them into a new alliance. The idea seems to be only to weaken the INDIA bloc from within -- and leaving it at that, notes N Sathiya Moorthy.
With the assembly polls only two years away, in 2026, any demoralising defeat in 2024, would challenge not only the party's continued relevance but also EPS's leadership, asserts N Sathiya Moorthy.
Wednesday's Vikravandi by-election has become a referendum on the Stalin government, notes N Sathiya Moorthy.
If Tamil Nadu voters preferred the DMK combine, it owed to the Modi-Annamalai combo's ideological battle which often crossed the line of political decency and also challenged 'Tamil pride', argues N Sathiya Moorthy.
The BJP is now inventing new angles to keep its campaign relevant -- even if it's old wine in an old bottle, which is what the allegation on 'Katchatheevu' is, notes N Sathiya Moorthy.
Alternative Investment Funds (AIFs) with a lock-in period performed better than the ones that allow investors to withdraw capital at any time. Close-ended schemes had a median return of 5.62 per cent in December, according to data from industry tracker PMSBazaar. The median returns for open-ended schemes were 3.91 per cent
The case of the two Shiv Sena factions for legitimacy and the party symbol, 'Bow and Arrow', is now before the Election Commission. Whichever way the EC findings go, the other can be expected to move the Supreme Court. They would need a final verdict before the parliamentary polls, points out N Sathiya Moorthy.
Overall market reaction to the Budget was neutral. Investors absorbed the changes to the tax rates (positive for salaried class) and capital gains taxes (CGTs, negative due to the removal of indexation and increases. Other proposals largely pertain to supporting rural development, buybacks taxed as dividends, Custom duty changes that impact multiple sectors, higher outlays for clean energy, etc. There's some moderation in the growth of capex outlay across defence, fer
The Tamil Nadu Toddy Movement had met both Chief Minister Palaniswami and Stalin to seek their intervention in lifting the ban on toddy-tapping and had submitted petitions, but there it remained. So the matter is being taken to the people's court.
BJP veterans whom K Annamalai has reportedly sidelined are upset over his 'immature' way of handling allies, reveals N Sathiya Moorthy.
Aaliyah Qureishi juggles multiple hats as a musician, actor and social media influencer.
If the idea was to garner AIADMK votes with or without the three faction leaders after the party broke ties with the NDA, it may not work after all, observes N Sathiya Moorthy.
There is nothing to suggest that the DMK stands to gain from the AIADMK split nor is there anything indicative of an extraordinary advantage for the BJP, independently or in the company of the AIADMK, explains N Sathiya Moorthy.
From the voter-level, traditionally anti-BJP, anti-Hindutva minorities and other secular voters would have an option, especially in the face of the mounting anti-incumbency against the ruling party -- as it happened in the 2001 assembly polls, points out N Sathiya Moorthy.
Even without Shah's TN visit and the rest, the increasing bonhomie between the BJP and the AIADMK factions in the state have become more visible than ever in the post-Jaya era, says N Sathiya Moorthy.
The All India Anna Dravida Munnetra Kazhagam's dominant Edappadi K Palaniswami (EPS) faction on Friday asserted that the system of dual leadership that vested powers on coordinator O Panneerselvam (OPS) and joint coordinator EPS ceased to be in force, a day after the general council stood firm on the single leadership demand.
NEET is a court-ordered examination, supposedly aimed at meritocracy. However, over the past years when the incumbent Narendra Modi government at the Centre began implementing it, it took on political and casteist colours, observes N Sathiya Moorthy.
There is no use of the BJP targeting the likes of Mamata Banerjee and M K Stalin, directly by the party's political bosses, both in Delhi and the respective state capitals, or even using the Raj Bhavans to fire those salvos from. Successive elections have proved that it's counter-productive, if anything. But the BJP is yet to understand it, acknowledge it, points out N Sathiya Moorthy.
Neither the ruling DMK nor the fractured AIADMK Opposition anticipated that an assembly by-election would put them both to test, observes N Sathiya Moorthy.
There is a sudden realisation in party circles that prolonged court cases could damage its standing, both among the cadres and voters, observes N Sathiya Moorthy.
The BJP has nothing to lose after a point. For the DMK it is a difficult choice, as it would not want to give too much of space to a 'national party' lest the 'Dravidian duel' of the past decades should be lost forever, observes N Sathiya Moorthy.
Constituencies that are going to the polls in the first phase, slated for April 19, have just 19 days for campaigning. Contrast that with those going to polls in the 7th phase, notes N Sathiya Moorthy.
The power struggle in Tamil Nadu's main opposition party, the All India Anna Dravida Munnetra Kazhagam, appears set to go on for a long time with sidelined leader O Panneerselvam (OPS) approaching the Election Commission and the influential Edappadi K Palaniswami camp refusing to budge.
The BJP often forgets that in Dravidian Tamil Nadu, the voter does not mix religion, which is personal, and politics that is in the public sphere, points out N Sathiya Moorthy.
