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.
Voicing concern over the Muzaffarnagar violence, Rashtriya Lok Dal leader and Union Minister Ajit Singh on Tuesday said it may spread to other states and become unmanageable" if not controlled by "strict action".
The plan to relieve NSG from VIP security tasks has been in the making since 2012 when NSG commanders foresaw an event where simultaneous terror attacks could be witnessed at one time on multiple centres in the country and the commandos will have to be rushed in different directions.
Domestic macroeconomic data announcements, global trends and trading activity of foreign investors would guide market sentiments this week, analysts said. After a record rally, markets may face volatile trends this week amid elevated valuations and investors would also keep a track of global oil benchmark Brent crude and rupee-dollar movement for further cues. "Potential volatility in the stock market is anticipated this week. Elevated valuations remain a concern, with investors now focusing on monsoon progress and its impact on the rural economy.
The states and union territories where the elections are being held in this phase are Assam (4), Bihar (5), Chhattisgarh (7), Dadra and Nagar Haveli and Daman and Diu (2), Goa (2), Gujarat (25), Karnataka (14), Maharashtra (11), Madhya Pradesh (8), Uttar Pradesh (10) and West Bengal (4). The BJP has bagged the Surat seat unopposed.
Malaysian budget airline AirAsia moved a step closer to securing permission to launch operations in India, with Civil Aviation Minister Ajit Singh on Monday saying that all issues concerning the carrier's application have been resolved.
Exigencies of electoral politics and individual ambitions often stoke family feuds and sibling rivalries.
Narendra Modi will take oath as the prime minister for a third consecutive term on Sunday evening as President Droupadi Murmu has invited him to form the government.
Several BJP-backed state governments have unveiled schemes targeting the poor, women, farmers and students, following the party's setback in the Lok Sabha polls.
The home minister also reviewed the preparations for the annual Amarnath pilgrimage scheduled to begin on June 29.
The first chief minister of Chhattisgarh, was known in the political circles as someone who never gave up despite defeats, controversies and debilitating health issues.
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.
Agarkar said that the IPL had become a huge platform to spot talent but what mattered most was a strong temperament, which would set them apart from the rest.
Jayant Chaudhary has plenty of time to make his own mistakes. But this election is a crucial test of his leadership.
The BJP will contest on 73 seats out of the 80 in Uttar Pradesh in the Lok Sabha elections as per the seat-sharing agreement reached between the saffron party and the Ajit Singh-led RLD.
After being overlooked for the India T20I captaincy, Hardik Pandya's leadership future at Mumbai Indians looks to be on shaky ground.
Rinku, who is not having a great IPL season as he is not getting to face enough balls, though made it to the list of reserves.
In selectors' radar, Kumar Kushagra gets maiden India A call-up against England Lions
Rishabh Pant and Sanju Samson got the nod as the two wicketkeepers in India's 15-member squad.
Global trends, macroeconomic data announcements and the start of the earnings season would be the major drivers for the equity markets in a holiday-shortened week, analysts said. Equity markets will remain closed on Thursday for Eid-Ul-Fitr. Trading activity of foreign investors, rupee-dollar trends and crude oil prices would also guide trends in markets.
National Security Advisor Ajit Doval on Friday called Mahatma Gandhi 'a great strategist' and said that the revered Indian leader knew the importance of utilising soft power against the brute forces during the freedom struggle.
The MVA government had planned to arrest Devendra Fadnavis and when he objected, they planned to arrest him as well, said Maharashtra Chief Minister Eknath Shinde
"We realised that we don't have the required numbers to form the government and we don't want to indulge in horse-trading," Fadnavis told reporters after announcing his decision.
'It is inappropriate to level allegations against your own colleagues after they leave you'
NCP leaders Ajit Pawar, Chhagan Bhujbal, Congress leaders and former chief ministers Ashok Chavan, Prithviraj and former speakers Dilip Walse Patil (NCP) and Haribhau Bagade of the Bharatiya Janata Party were among the members to take oath early.
The T20I squad for the upcoming three-match series against Afghanistan has been revealed, with key players Rohit Sharma and Virat Kohli included.
The Board of Control for Cricket in India on Saturday appointed former Rajasthan DGP as the Head of its Anti-Corruption Unit, replacing former Delhi Police Commissioner Neeraj Kumar.
Fadnavis took oath as chief minister like a "thief on the run", it said in sarcastic remarks.
Indian-American Nikki Haley suspended her presidential campaign on Wednesday after being defeated in 15 states across the United States on Super Tuesday, paving the way for a rematch between her rival Donald Trump and incumbent Joe Biden in the November elections.
The best-case scenario is that the BJP will top out at around 50 seats in UP -- a drop of 12 from the 62 it had won in 2019. Taken in tandem with Maharashtra and Karnataka, this is what is likely to put paid to the BJP's ambitions of a third term for Modi, argues Prem Panicker.
The Samajwadi Party released its list of 40 star campaigners in which there was no mention of Mulayam Singh Yadav.
The swearing-in of Nationalist Congress Party leader Ajit Pawar and several of his colleagues as deputy chief minister and ministers, respectively, on Saturday has meant Maharashtra has seen four oath-taking ceremonies in as many years at its stately Raj Bhavan.
Quoting officials, The Washington Post said, the foiled assassination was part of an escalating campaign of aggression by RAW against the Indian diaspora in Asia, Europe and North America.
"NDA is a beautiful rainbow of regional aspirations... So nation's development through the development of states... At a time when we are working for a developed India, NDA is taking the lead in showing the spirit of sabka prayas," he said.
Among the bigwigs are Union ministers Amit Shah (Gandhinagar), Jyotiraditya Scindia (Guna), Mansukh Mandaviya (Porbandar), Parshottam Rupala (Rajkot), Pralhad Joshi (Dharwad) and SP Singh Baghel (Agra).
'With continued focus on votes, upcoming by-polls and purchasing politicians, the political hierarchy has little time for national defence.' 'They would do well to heed a veteran scholar, who says, "There will be war with China in the next few years. The next full scale war will have the involvement of Pakistan and terror elements, insurgents and intelligence assets operating inside India",' warns Lieutenant General Prakash Katoch (retd).
The Samajwadi Party can form the government in Uttar Pradesh without the support of the Congress, if initial leads turn into actual wins for the party. The party is leading at 171 seats and it can take the support of Ajit Singh's Rashtriya Lok Dal and others to reach the magic figure of 202 -- the number needed to form the state government. According to figures available till now, SP has emerged as the leading party in UP, the Bahujan Samaj Party is at second place.
'Raman Singh will certainly be defeated by the alliance we have created," says Chhattisgarh's first chief minister Ajit Jogi.
Congress general secretary Digvijaya Singh on Wednesday claimed that a large number of Bahujan Samaj Party leaders in Uttar Pradesh are in touch with the party, and Ajit Singh-led Rashtriya Lok Dal is also willing to form an alliance with it ahead of the state assembly polls.
The Sena also took a dig at NCP leader and Deputy Chief Minister Ajit Pawar, who last week rebelled against his party and supported the BJP to form government in the state.
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