Amidst ongoing tensions with the ruling DMK government, Tamil Nadu Governor R N Ravi has invited Vice President Jagdeep Dhankar to inaugurate a meeting of state university Vice Chancellors in the Nilgiris district, sparking criticism from political parties, particularly the Left, who have urged a boycott. The meeting comes in the wake of the Supreme Court ruling in favor of the Tamil Nadu government regarding the appointment of Vice Chancellors, which has stripped the Governor of his previous authority as Chancellor. The Governor, however, maintains his right to convene the meeting, highlighting the ongoing power struggle between the Governor and the state government. The meeting is scheduled for April 25 and 26.
While the BJP received the highest amount, securing Rs 1,685.63 crore, the Congress received Rs 828.36 crore, and the Aam Aadmi Party (AAP) Rs 10.15 crore.
Retail inflation slowed to 5.48 per cent in November compared to 6.21 per cent in October, mainly due to easing food prices, especially vegetables, according to government data released on Thursday. According to Consumer Price Index (CPI) data released by the National Statistics Office (NSO), the inflation in the food basked reduced to 9.04 per cent in November. It was 10.87 per cent in October and 8.70 per cent in November 2023.
'The BJP lacks a credible mass leader who matches Mamata Banerjee's popularity.' 'Given the division of votes among Opposition parties, the West Bengal government's dole-giving strategy, and the consolidation of the poor, significant sections of scheduled caste groups and Muslim minorities behind the ruling party, it will be difficult to dislodge the Trinamool from power.'
Opposition parties in India, including the Congress, Left parties, Samajwadi Party, Bahujan Samaj Party, Trinamool Congress, Dravida Munnetra Kazhagam, Rashtriya Janata Dal, Shiv Sena (UBT), and NCP (SP), have unanimously hailed the armed forces' "Operation Sindoor", a retaliatory strike against terrorist infrastructure in Pakistan and Pakistan-occupied Kashmir (PoK). The operation, which involved missile and drone strikes, was conducted in response to the April 22 Pahalgam terror attack. Despite political differences, all parties expressed support for the government and the armed forces, stressing the importance of national unity and integrity in the face of terrorism. While emphasizing the need for diplomatic avenues to prevent further escalation, some parties also called for caution in attributing political credit for the strikes.
There is a proposal from the BJP camp that they would resort to a proportion-based increase in the number of Lok Sabha seats for individual states, based on what they now have. On the face of it, this sounds like a fine argument that those demanding a 'freeze' now cannot oppose without reasons and justification, avers N Sathiya Moorthy.
Rahul Gandhi has urged the youth of Bihar to join him in the march in Begusarai wearing "white T-shirts".
Navigating a history of animosity and mistrust, negotiations for a potential Congress-Trinamool Congress alliance in West Bengal face significant challenges while addressing the shared adversary of the Bharatiya Janata Party, with the Bengal Congress unit appearing reluctant to engage in an electoral pact.
India will be the world's third-largest economy by 2028 as it becomes the world's most sought-after consumer market and gains share in global output, driven by macro stability influenced policy and better infrastructure, Morgan Stanley said. From a $3.5 trillion economy in 2023, the Indian economy is projected to expand to $4.7 trillion in 2026, which will make it the fourth largest in the world behind the US, China and Germany.
The editorial, titled "Ahimsa Award for the Executioner?", criticized Congress leader Shashi Tharoor for praising the entrepreneurial growth of Kerala under the Left government. It argued that it was "suicidal" to weaken the party from within when the Congress was actively opposing the shortcomings of the LDF government. The editorial also criticized Tharoor's positive remarks on Prime Minister Narendra Modi's recent US visit, calling it a mere gesture by two administrators to improve their image.
'Rather than assuaging the feelings of the Hindus accommodated in schools and hospitals, she calls a meeting of imams and tries to assuage them.'
'Many of them are mutilated beyond recognition. Every day an encounter takes place.' 'Bastar has been burnt to ash.'
Wholesale price inflation marginally rose to 2.38 per cent in February due to expensive manufactured food items like vegetables oil and beverages, government data released on Monday showed. The Wholesale Price Index (WPI) based inflation was 2.31 per cent in January. It was 0.2 per cent in February 2024.
Opposition parties in India have criticized the imposition of President's rule in strife-torn Manipur, accusing the ruling Bharatiya Janata Party (BJP) of failing to address the ethnic violence and using the measure to cover up internal conflicts within the party. They demanded a clear roadmap for restoring peace and questioned the government's lack of transparency and inaction on the issue. The violence, which erupted in May 2023, has left over 250 people dead.
The Kerala High Court has criticized both the ruling front and the opposition in the state for holding public meetings that block public roads and footpaths. The court observed that the December 5 incident, where the CPI(M) held a conference outside the Vanchiyoor court complex in Thiruvananthapuram, was a "clear case of breach of trust" as the government holds the roads as a trustee of the people. The court has directed the police to submit a report by December 16 identifying those involved in the meeting, including those who attended and were seen on-stage in news reports. The court also pointed out that the stage for the meeting was constructed right on top of the pedestrian/zebra crossing, completely blocking the carriageway on one side of the road. This caused traffic snarls and inconvenienced pedestrians, including school children, infants, and elderly persons. The court said that provisions of the Bharatiya Nyaya Sanhita (BNS) and other laws, like the Motor Vehicles Act, would be applicable to the incident.
'The TMC can't go on forever taking advantage of the people's fright of the BJP.'
Continuing the downward trend, retail inflation fell to a five-month low of 4.31 per cent in January, mainly due to a decline in the prices of vegetables, eggs, and pulses. The Consumer Price Index-based retail inflation was 5.22 per cent in December and 5.1 per cent in January 2024. The previous low inflation was in August 2024 at 3.65 per cent.
Hours after the Waqf (Amendment) Bill was passed in Parliament, 50 individuals embroiled in land disputes in Kerala's Munambam joined the BJP, hoping for a resolution to their claims. The residents, who have been protesting for 174 days, allege that the Waqf Board is claiming ownership of their properties. BJP leader Rajeev Chandrasekhar assured them of the party's support and a meeting with Prime Minister Narendra Modi to express gratitude. The BJP capitalized on the Catholic Church's support for the legislation, accusing the Congress and the Left of appeasement politics. The opposition, however, questioned the impact of the bill on the Munambam issue.
'A repo cut will be very good for the market as it will mean that everything is being done to spur growth in these uncertain times.'
The Reserve Bank on Friday raised the inflation projection for current fiscal year to 4.8 per cent from 4.5 per cent with Governor Shaktikanta Das saying lingering food price pressures are likely to keep headline inflation elevated in the December quarter. Consumer price index (CPI)-based inflation increased sharply in September and October 2024 led by an unanticipated increase in food prices.
The BJP received the highest amount in large donations among national parties in the financial year 2023-24, with over Rs 2,243 crore declared from 8,358 donations, according to a report by poll rights body the Association for Democratic Reforms (ADR). The report, based on data submitted to the Election Commission, highlighted trends in political donations above Rs 20,000. The total declared donations to national parties stood at Rs 2,544.28 crore from 12,547 contributions - a sharp 199 per cent increase compared to the previous year.
Chalapathi, a top leader of the CPI(Maoist) and a key figure in the 2008 Nayagarh armoury attack in Odisha, was killed in a gunfight with security forces at the Odisha-Chhattisgarh border. He was one of 14 Maoists killed in the encounter, which lasted for two days. Chalapathi, who had been a mystery to security agencies for decades, was eventually identified through a selfie with his wife, Aruna, found in an abandoned smartphone. He was considered an expert in military tactics and guerrilla warfare and had played a significant role in expanding the Maoist network in Odisha.
A host of macroeconomic data announcements, the last batch of September quarter earnings, global trends, and trading activity of foreign investors will be the major driving factors for the equity market this week, according to analysts. Equity markets would remain closed on Friday for Guru Nanak Jayanti. "India is set to release CPI and IIP data on November 12, with WPI data expected on November 14.
The KPCC made this decision simultaneously as Sarin announced a press conference in Palakkad, declaring his intention to work with the Left Democratic Front moving forward.
The repo rate cut by 25 basis points by the monetary policy committee (MPC) of RBI announced Friday will give a long-awaited relief on interest rates and also be supportive of economic growth, according to experts. Repo rate is the interest rate at which the RBI lends money to commercial banks.
The grand old party alleged that these namesake candidates are backed by the Communist Party of India-Marxist and the Bharatiya Janata Party to confuse voters.
Retail inflation breached the Reserve Bank's upper tolerance level, soaring to a 14-month high of 6.21 per cent in October mainly on account of rising food prices. Inflation based on the consumer price index (CPI) was 5.49 per cent in September and 4.87 per cent in the year-ago month. Retail inflation trended below the RBI's upper tolerance band of 6 per cent since September last year.
'The political situation in the country will depend on the electoral outcome in Maharashtra.'
Reserve Bank of India (RBI) Governor Sanjay Malhotra said the repo rate cut in the February meeting of the monetary policy committee (MPC) was due to inflation aligning with the target and recognising the fact that monetary policy is forward-looking.
The Bombay High Court has discontinued its monitoring of the investigation into the 2015 murder of communist leader and rationalist writer Govind Pansare, directing the sessions court to expedite the ongoing trial. The decision comes after a report by the Maharashtra Anti-Terrorism Squad (ATS) indicated that the investigation has been thoroughly conducted, with only the arrest of two absconding accused remaining. The court has ordered daily hearings for the trial, which has already begun and has seen 28 prosecution witnesses examined as of December 16, 2024.
Wholesale price inflation rose to 2.37 per cent in December 2024, led by spike in manufactured products even though prices of food items eased, government data released on Tuesday showed.
Bajaj Finserv, Tata Steel, Larsen & Toubro, UltraTech Cement, Kotak Mahindra Bank and Tata Motors were among the gainers. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 4,486.41 crore on Tuesday, according to exchange data.
The Election Commission has said it will allow suspected fake voters to cast their ballots in the Palakkad assembly by-poll, but will take action against them later. The CPI(M), Congress, and BJP have accused each other of enrolling fake voters. The by-poll is scheduled for November 20.
The Lok Sabha, India's lower house of Parliament, will debate the contentious Waqf (Amendment) Bill on Wednesday. The bill has been met with strong opposition from several parties who claim it is unconstitutional. The government, however, insists the bill aims to improve the management of Waqf properties in India by bringing transparency and efficiency.
It was a protest which held a mirror to the government of a state taking pride in its commitment to democracy, gender equality and social indices.One person, who in his employed days had known governments and political parties at close quarters, told me that public perception of how the Kerala government handled the ASHA workers' strike had been terrible, reports Shyam G Menon.
The risk-reward for the Indian markets, Morgan Stanley said, is turning favourable.
According to the CPI-M, Aleida, who arrived in Chennai from Thiruvananthapuram, is likely to attend a party meeting on Tuesday and will participate in a public reception on Wednesday.
Opposition MPs in India's Rajya Sabha raised concerns about US President Donald Trump's tariff threats, demanding the government clarify its response and engage in discussions with opposition parties. Leaders like P Chidambaram and Sagarika Ghose warned of potential economic repercussions, including depressed exports, lower FDI, and a significant tariff burden. The debate also touched on other issues such as the government's economic policies, demonetization, and the impact of GST on common citizens.
A US military aircraft carrying 104 illegal Indian immigrants landed in Amritsar on Wednesday, the first such batch of Indians deported by the Donald Trump government as part of a crackdown against illegal immigrants.
The CPI-M's allegations were termed a political conspiracy by the opposition Congress which accused the Left party of stooping low to target its political opponents.