Petrol and diesel price hikes are likely to resume after state elections get over next week to bridge the Rs 9 a litre gap created by international oil prices soaring past $100 a barrel. International crude oil prices shot above $110 a barrel for the first time since mid-2014 on fears that oil and gas supplies from energy giant Russia could be disrupted, either by the conflict in Ukraine or retaliatory western sanctions. The basket of crude oil India buys rose above $102 per barrel on March 1, the highest since August 2014, according to information from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry.
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'That is the one headline the world is reading about India this week, and it is a potentially damaging story...' 'I don't think a panic mentality has set in, but this story is one that investors and market watchers are absolutely seized with.'
Electricity has finally reached Sitabdiara village, the birth place of legendry socialist leader Jayaprakash Narayan, 64 years after independence. Thanks to Bharatiya Janata Party leader L K Advani launching his anti-corruption 'rath yatra' from this village in Bihar's Saran district, it has finally received an electrical connection. Bihar Chief Minister Nitish Kumar on Tuesday inaugurated a power project, barely two hours before he is scheduled to flag off Advani's yatra.
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The 71-year-old Dhankhar has been a noted lawyer, was instrumental in getting Other Backward Class status for Jats in Rajasthan and loves to beat his own cappuccino desi-style.
Voting will be held on Thursday for the first phase of Gujarat Assembly elections in 89 seats spread across 19 districts in Saurashtra-Kutch and southern parts of the state where 788 candidates are in the fray.
President Droupadi Murmu said the nation will benefit from Dhankhar's long and rich experience in public life and extended her best wishes for a productive and successful tenure.
The politically crucial Malwa-Nimar region of Madhya Pradesh played a key role in propelling the Congress to power in 2018 after a gap of 15 years and the party is utilising the Rahul Gandhi-led Bharat Jodo Yatra to strengthen its position in the belt a year ahead of the assembly polls.
BJP national President JP Nadda has appointed Adesh Kumar Gupta as the Delhi unit president of BJP.
Logistics services provider Delhivery is likely to launch its downsized initial public offering (IPO) this week, said people in the know. The Softbank-backed firm may trim its issue size from Rs 7,460 crore to Rs 5,500 crore to align with the volatile market conditions, sources said. Sources added the fresh issue component of the IPO could be reduced to Rs 4,500 crore and the OFS component to Rs 1,000 crore.
UPA govt betrayed on education promise: JP
The bank adds it expects Modi to fight inflation through administrative measure
Bharatiya Janata Party president J P Nadda on Thursday met leaders of the party's allies in Uttar Pradesh -- Anupriya Patel of the Apna Dal-S and Sanjay Nishad of the Nishad party -- at his residence in New Delhi as part of its government formation exercise.
BJP president J P Nadda on Wednesday announced an alliance with Apna Dal and Nishad Party, two parties that draw their support primarily from sections of backward castes, for the Uttar Pradesh assembly polls.
The talks took place on the sidelines of the G-20 foreign ministers' meeting in the Indonesian city of Bali.
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No major glitches in electronic voting machines were reported and the voting passed off peacefully with high security observed at the 3,360 critical booths in 493 locations where more than 25,000 police personnel, nearly 13,000 home guards and 100 companies of paramilitary forces were deployed, officials said.
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The institute has bagged 179 pre-placement offers so far, with the highest domestic offer at Rs 64 lakh per annum.
The Bharatiya Janata Party has fielded two Congress turncoats and its former Union minister Vijay Sampla for next month's Punjab assembly polls as it released its second list of 27 candidates on Thursday.
L&T Housing Finance on Thursday announced selling L&T Investment Management (LTIM) to HSBC Asset Management (India) at $425 million. LTIM is the investment manager of the mutual fund business of L&T. The divestment of the mutual fund business is in line with the strategic objective of L&T Finance Holdings of unlocking value from its subsidiaries to strengthen its balance sheet, it stated in a press release. The data from the Association of Mutual Funds in India (Amfi) shows L&T Mutual Fund (MF) has average assets under management (AAUM) worth Rs 78,273.80 crore, while HSBC MF has AAUM of Rs 11,314.32 crore as in the July-September quarter.
Though the Congress, AAP and other Opposition parties may have high hopes and some positive takeaways to seize on from the results, it is the BJP which has a big headstart and is firmly in the lead.
BJP national president JP Nadda has asked party's Uttar Pradesh chief Swatantra Dev Singh to convey it to the MLA to stay away from the probe, sources said.
More than 100 senior leaders and functionaries have been deployed to work as district in-charges in 44 assembly segments in Western Uttar Pradesh to coordinate and streamline campaigning and booth management, BJP leaders in New Delhi said.
Samajwadi Party patriarch Mulayam Singh Yadav tried hard to convince his daughter-in-law Aparna Yadav to not join the Bharatiya Janata Party, party chief Akhilesh Yadav said on Wednesday and expressed his happiness that the SP's socialist ideology is expanding its reach.
Senior Bharatiya Janata Party leader L K Advani is set to start his anti-corruption rathyatra from veteran socialist leader Jaiprakash Narayan's birthplace Sitabdiara in Saran district of Bihar on his birth anniversary October 11, according to party sources.
Anand Sharma said weaponisation of laws and their use to target and humiliate people should not happen.
She also took a swipe at the Bharatiya Janata Party over its defeat in the just-concluded Himachal Pradesh assembly elections, saying the ruling party's president could not hold on to his home state. "Who is the Pappu now?" she asked.
European soccer's governing body UEFA on Monday said clubs and players joining the proposed breakaway Super League could be banned from all of its competitions and the World Cup as it condemned a "disgraceful and self-serving proposal".
The longest-serving chief minister of any Hindi- speaking state, Nitish Kumar seems to have acquired an aura of indispensability when it comes to the highest seat of power in Bihar.
The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain power for a record seventh straight term but was behind the Congress in Himachal Pradesh which could go with the trend of alternative governments in the hill state.
For the first time, non-upper castes are in a majority in the board, as the party continues with its outreach to traditionally weaker and backward sections of society.
Celebrations broke out outside the Rajasthan BJP headquarters in Jaipur and the party workers burst firecrackers and distributed sweets as Murmu emerged victorious in the presidential poll.
Nadda said 130 crore people of the country have come forward to take vaccines on the call of Prime Minister Narendra Modi, despite the opposition trying to mislead them and create obstructions.
The RJD leader said the coming to power of the Mahagathbandhan government with the JD-U, the RJD, the Congress and other parties uniting "augurs well for opposition unity".
The committee has given its recommendations to Congress president Sonia Gandhi, who will take necessary action, the sources pointed out.
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Many factors like women, caste combination, education qualification, age and performance of the legislators will be taken into consideration before the formation of the Yogi government 2.0, sources said on Thursday. Several rounds of meetings have taken place within the party after the poll results came out on March 10.