The suspension of 49 Lok Sabha MPs came a day after, a total of 78 -- 33 from the Lower House and 45 from the Upper House -- lawmakers were suspended from Parliament for disrupting proceedings.
Is it is necessary to play divisive politics to succeed in the next general elections? asks Dr Sudhir Bisht.
Your choice between the Old and New Tax Regimes should reflect your financial strategy and investment goals, says Ramalingam Kalirajan
After a stellar 2023, the mutual fund industry sustained its growth momentum in 2024 with an impressive Rs 17 lakh crore surge in assets, driven by buoyant equity markets, robust economic growth, and increasing investor participation. Experts are predicting the positive trend will extend into 2025.
The RBI's decision to hike the benchmark interest rate will make home loans costlier and affect housing sales, especially in affordable and mid-income segments, according to property consultants. The RBI on Wednesday hiked the key benchmark rate by 50 basis points. Property consultancy firms Anarock, Knight Frank India, JLL India, Colliers India, India Sotheby's International Realty and Investors Clinic said that the RBI's move was on the expected line to control inflation and this would result in an increase in interest rates on home loans.
'Why has Maharashtra slipped up over the past couple of decades?' 'Not only is this question critical for residents of the state, but given that it accounts for 14% of India's GDP, a faster-growing Maharashtra implies a faster-growing India as well, point out Shishir Gupta and Rishita Sachdeva.
The government should provide home loan up to 25 lakh at a lower interest rate of 5 per cent to the people of the middle class, a prominent realtors' body appealed to the government against the backdrop of soaring home prices. G Hari Babu, president of the National Real Estate Development Council (Naredco), in an online interaction with Business Standard, said that the middle class in India accounts for roughly 30 per cent of the total population and is dependent on rental accommodation.
When the landslide hit, Sruthi's house was washed away, along with its inhabitants. She lost her entire family and some relatives. All she had left for a close confidante was her fiance Jenson. Days after the landslide and the loss of her family, Jenson died in a road accident that also left Sruthi with serious injuries. News of the accident and Sruthi's backdrop as the lone surviving member of a family wiped out in the July landslide, was picked up by the media, and people rushed to help.
The impending expulsion of Trinamool Congress (TMC) member Mahua Moitra from the Lok Sabha, three bills to replace criminal laws and a proposed law for the appointment of election commissioners are issues set to dominate the Winter Session of Parliament, with the government urging the Opposition to ensure a conducive environment for discussions in the House.
Households are likely to remain the primary net lenders to the economy in the coming decades.
Research and development (R&D) spending by BSE 100 companies has grown steadily, rising from 0.89 per cent of revenue in FY20 to 1.32 per cent in FY24, averaging around 1 per cent over the period in-between, according to data compiled from Bloomberg and company annual reports. Also, these companies more than doubled their R&D spending in absolute terms over these five years: From Rs 25,041 crore to Rs 63,072 crore. While this reflects a prioritisation of innovation, corporate R&D investment remains relatively conservative.
Prime Minister Narendra Modi on Tuesday said the people have given his government a mandate for stability and continuity for the third consecutive term after seeing its work of 10 years and accused the Congress of trying to build a narrative that it has defeated the Bharatiya Janata Party-led National Democratic Alliance in the Lok Sabha polls.
He could have blazed a trail that few Indian judges had. It was a missed opportunity of a lifetime, notes Ramesh Menon.
Five-time world champions Viswanathan Anand and Magnus Carlsen played out a draw in the top duel of the opening day as the second edition of the Global Chess League began with players from around the world squaring off in London on Thursday.
Now, the bill will undergo a similar process in the National Assembly, wherein the ruling Nepal Communist Party commands two-thirds majority.
'Those betting against PSUs will likely be punished in this upswing.'
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 Lok Sabha was adjourned twice in the post-lunch period on Thursday as a war of words broke out between the treasury and opposition benches, triggered by Congress MP Charanjit Singh Channi's spat with the Bharatiya Janata Party's Ravneet Singh Bittu.
'What happens in the real estate market is that once the prices go up it goes on to stay at that level.' 'It might not increase and at the same time the prices will not come down too.'
The main Opposition party Communist Party of Nepal-(Unified Marxist-Leninist) (CPN-UML) disrupted the National Assembly meeting on Wednesday, demanding the prime minister's resignation. The meeting has been postponed to 1 pm Thursday.
He claimed that out of 90 secretaries of the government of India, only three are from the Other Backward Classes and control only five per cent of the Budget, which he said was an "insult" to the backward classes.
The Lok Sabha secretariat on Wednesday restored the membership of Nationalist Congress Party leader P P Mohammed Faizal, who was disqualified from the lower house in January following his conviction in a criminal case with a 10-year jail term.
Asked whether he would raise the issue with the government for not inviting him, he replied in the negative.
The committee headed by Bharatiya Janata Party MP Vinod Kumar Sonkar is meeting later on Thursday to adopt its draft report in what is likely to be hotly contested by opposition members of the panel.
Jawaharlal Nehru did not unfurl the Tricolour at the Red Fort on August 15, 1947. But, in a gesture of nationalistic symbolism -- one that has endured by repetition over the 76 years of independent India -- Nehru took to the ramparts at Red Fort's Lahori Gate on August 16, 1947, unfurled the Tricolour there and delivered his first Independence Day speech.
In an apparent reference to Sonia Gandhi, Modi said some INDIA bloc leaders left the Lok Sabha and moved to the Rajya Sabha as they have no courage to contest elections.
Lok Sabha Speaker Om Birla recognised Rahul Gandhi as the leader of opposition on Wednesday, a day after the Congress communicated its decision to name him for the position to the Lok Sabha Secretariat.
The 'aura of invincibility' around Prime Minister Narendra Modi has been 'shattered' by the Indian voters who gave the Opposition a new lease on life, this is how the international media described the outcome of India's general elections.
Only a misogynistic man can gesture a flying kiss to female parliamentarians, Irani said.
Haryana has done well in terms of economic growth over the last couple of decades. For it to continue to lead the growth ladder, the new government has to work hard on multiple dimensions, recommend Shishir Gupta and Rishita Sachdeva.
The recent surge in crude oil prices could shave off the gains made by India Inc in profit margins in the past few quarters. Worse, it comes at a time when consumer demand in the country is slipping and major global economies are witnessing a slowdown. A back-of-the-envelope calculation suggests that the margin expansion accounted for three-fourths of the rise in the listed firms' operating profit between the April-June quarter (Q1) of FY23 and Q1FY24, and only a quarter of profits gains came from revenue growth.
The MPs suspended on Tuesday include National Conference's Farooq Abdullah and Congress leaders Shashi Tharoor and Manish Tewari.
Congress general secretary Jairam Ramesh said the opposition parties are only reflecting the sentiments of the people of Manipur and of the country.
Since Independence, Lok Sabha Speakers have been chosen by consensus.
Bajaj Housing Finance Ltd's impressive stock market debut has brought cheer to the 100-year-old Bajaj Group, but the conglomerate faces the prospect of Bajaj Finserv being removed from the benchmark Sensex index. According to market expectations, Trent, a Tata group-owned fashion retailer, is likely to replace Bajaj Finserv during the upcoming index rebalancing in December.
As the adjournment of Parliament for an indefinite period with the Rajya Sabha also adjourning sine die kickstarts the final countdown for the general elections, Modi said the last five years were a period of "reform, perform and transform" with the country moving towards "big changes" at a fast pace.
"I want to send you my good wishes that you prepare so much that you get a chance to bring a no-confidence again in 2023," he had said while replying in Lok Sabha to the no-confidence motion in 2019, ahead of the general elections.
'He had a lovely, lovely, sense of humour, very subdued and very, very subtle, but it was very, very, prominent.'
Mutual fund houses have been on an equity buying spree in the past three months as they have invested a net amount of Rs 55,000 crore in them between January and March 2023. The number is more than double the amount deployed in the preceding three months (October to December), signalling improved valuations and favourable economic indicators. The valuations, which had peaked in October 2021, returned to its long-term average in March 2023.
Largecap, flexicap, and balanced advantage funds together recorded a net inflow of Rs 9,363 crore in August, representing a 70% increase from the previous month's total.
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