Opposition parties on Wednesday opposed the 'one nation, one election' proposal by calling it impractical and a 'cheap stunt' by the ruling Bharatiya Janata Party.
Communist Party of India-Marxist polit bureau member Sitaram Yechury on Monday hinted at a possible merger of the two Left parties -- CPI and CPI-M -- in the near future.
He was suffering from lung cancer for last several months, West Bengal CPI secretary Swapan Banerjee said.
There are few leaders in the Opposition line up who can claim a path to party leadership like Sitaram Yechury and certainly, very few who blended that ascent through student politics with awareness about non-elite real India, urban India and liberal politics, as he did, notes Shyam G Menon.
'Modi's image has no takers among the masses.'
After the Congress' shock defeat in Haryana, the opposition Indian National Developmental Inclusive Alliance (INDIA) parties flexed their muscles on Wednesday, accusing the grand old party of ignoring them.
JMM leader Hemant Soren was sworn in as the 14th chief minister of Jharkhand in a grand ceremony in Ranchi, amid the presence of a galaxy of INDIA bloc leaders. This is Soren's fourth stint as chief minister. The JMM-led alliance won a majority in the recent assembly polls, securing 56 seats in the 81-member assembly.
Announcing the first list of candidates, Left Front chairman Biman Bose said that of the 16 names announced, 14 are new, of whom three are women.
However, the national party count has gone down to six from 14 in over seven decades.
Reserve Bank on Thursday retained the growth and inflation projection at 7.2 per cent and 4.5 per cent respectively for the current fiscal amid expectations of a normal monsoon. In its last bi-monthly monetary policy review in June, RBI had projected real GDP growth and retail inflation at the same.
BJP members, including the Leader of Opposition Sunil Sharma, opposed the resolution, saying it was not part of the listed business.
'Future market gains will likely depend primarily on earnings growth.'
From the 30 Sensex firms, Bajaj Finance, Reliance Industries, Tata Steel, JSW Steel, Tech Mahindra, Tata Motors, Kotak Mahindra Bank and Maruti were the biggest laggards. Reliance Industries Ltd, India's most valuable company, on Monday reported a 5 per cent fall in the July-September quarter net profit as weak oil refining and petrochemical business hurt operational performance. ICICI Bank, Bharti Airtel, Asian Paints, Adani Ports, UltraTech Cement and HCL Technologies were among the gainers.
Among the national parties, the Congress, Aam Aadmi Party, the Bahujan Samaj Party and the Communist Party of India-Marxist opposed the proposal, while the Bharatiya Janata Party and the National People's Party supported it.
Priyanka's victory seems assured, but the broader implications for Kerala's political landscape and South Indian politics remain to be seen.
Saibaba died at due to gall bladder infection and other complications.
'The 2020 assembly election was a Tejaswi Yadav election; whereas this is a Lalu Yadav election. It is his plan.'
'These allegations need to be treated with utmost seriousness.'
The fallout from the Justice K Hema Committee report on harassment and abuse in the Malayalam film industry intensified on Monday as a case was filed against well-known filmmaker Ranjith, and several female actors stepped forward with disturbing accounts of the mistreatment they faced at the hands of their various male counterparts.
Friendly fights, however, are more complicated for the MVA, especially since smaller parties who are part of the INDIA bloc are also in the mix.
Stock markets will be driven by domestic inflation data, ongoing quarterly earnings from corporates and global trends this week, analysts said. News flows around the general election would also be tracked by investors, market experts said.
The Congress is fighting the elections in a pre-poll alliance with National Conference and has fielded 32 candidates, mostly in Jammu region, compared to 51 by the regional party. Additionally, the CPI(M) and the Jammu and Kashmir National Panthers Party (JKNPP) have each been allocated one seat while both the Congress and NC had a 'friendly contest' on five seats.
The case was registered following a complaint filed by KP Sumesh, a local Communist Party of India leader, seeking legal action against Gopi for allegedly misusing an ambulance to reach the Pooram venue flouting police restrictions.
Macroeconomic data announcements, global trends and trading activity of foreign investors would be the major driving factors for the equity markets this week, according to analysts.
Adani Ports was the biggest loser in the Sensex pack, declining 1.37 per cent, followed by ITC, Bharti Airtel, NTPC, Maruti, Asian Paints, Sun Pharma, Power Grid, Hindustan Unilever and Larsen & Toubro. In contrast, Bajaj Finserv, Bajaj Finance, IndusInd Bank, Tata Steel, Axis Bank and Tech Mahindra were among the gainers.
With Kanhaiya Kumar likely to join the Congress party on Tuesday, CPI Bihar state secretary Ram Naresh Pandey on Tuesday confirmed that some days ago Kanhaiya had taken out the AC installed by him in the CPI's state office in Patna.
The Opposition Congress alleged that the blast, which occurred around 1 am according to the police, happened during the manufacturing of country-made bombs by some CPI-M supporters.
Apart from the emotional value attached to buying gold, the yellow metal offers protection against inflation, interest rate spikes, currency and geopolitical risks, says Anamika Pareek.
Villagers alleged that the minor, who was missing since Friday evening, was raped and murdered, and the police did not act on their complaint immediately.
"I remember one incident -- I would not name anyone -- that person said 'if you are going to become prime minister, we will support you'," Gadkari said.
Prashant Kishor's Jan Suraaj Party on Wednesday named former vice chief of army staff, Lieutenant General Krishna Singh, as its candidate for the bypoll to Tarari assembly seat in Bihar.
Retail inflation eased to an 11-month low of 4.83 per cent in April as prices of some kitchen items declined though overall food basket firmed up marginally, according to a government data released on Monday. The Consumer Price Index (CPI)-based retail inflation was 4.85 per cent in March. It was 4.7 per cent in April 2023.
The feisty TMC boss also accused the CPI-M of ruining her party's relationship with the Congress, its ally in the Opposition bloc INDIA at the national level.
In a significant political development, National Conference president Farooq Abdullah announced on Thursday that an alliance with the Congress was finalised for all 90 assembly seats in Jammu and Kashmir, which is going for its maiden assembly polls after being reorganised into a Union Territory.
After hectic parleys and much back and forth with the INDIA bloc allies, the Congress also ended up going into the polls with its original plan of largely going solo.
The US Fed interest rate decision, domestic inflation data and global trends would be key driving factors in dictating movement in the market this week, as the Lok Sabha elections outcome and the RBI policy decision are behind us, analysts said. The past week was a roller-coaster ride for investors as markets swung sharply in both directions before closing with strong gains.
Political parties have fielded sons, wives and daughters-in-law of legislators who quit after being elected to the Lok Sabha.
The Reserve Bank of India on Friday retained its projection for retail inflation at 4.5 per cent for the current fiscal assuming a normal monsoon, while emphasising that uncertainties related to food price outlook warrant a close monitoring. Consumer Price Index (CPI)-based retail inflation has been projected at 4.5 per cent with quarter-wise projections at 4.9 per cent in Q1 (April-June), 3.8 per cent in Q2, 4.6 per cent in Q3, and 4.5 per cent in Q4.
Jacob, also the chief coordinator of the party, charged that Deepu was brutally beaten up for 15 minutes by the CPI-M workers last week and the accused got in touch with the MLA before and after the incident.
None of its candidates won. Most of them lost badly.
