'Prashant Kishor is a businessman before he is a politician, and given that the expected average turnout for JSP candidates is 5,000 to 6,000 votes and since Bihar has a significant number of seats where the margin between the winner and runner-up falls within that range he will capitalise on exactly that to showcase his presence.'
Industry insiders in India warn that any such move in the pharmaceutical sector could be counterproductive for the US as it may face increased drug shortages if tariffs are imposed on such imports.
Some major contracts coming up for renewal include TCS' deals with Star Alliance, a consortium of airlines based in Germany, and Nielsen; Infosys' deals with GE Appliances and Daimler; HCLTech's with UK-based life insurer Chesnara; Wipro's with German electric utility company E.ON and Petrobras of Brazil; and Tech Mahindra's with Circle Health.
With India's EV penetration at just 2.5 per cent, the market presents an opportunity -- provided Tesla gets its pricing right.
In a significant administrative reshuffle, Jammu and Kashmir Lieutenant Governor Manoj Sinha ordered the transfer and posting of 48 J-K Administrative Service (JKAS) officers, potentially creating friction with the National Conference-led government in the Union Territory. The move, seen by many as an attempt by the LG to assert control over the bureaucracy, includes the transfer of 14 additional deputy commissioners and 26 sub-divisional magistrates. The timing of the order, coinciding with the elected government's wait for approval on business rules, raises concerns over power dynamics in the region.
The PM will move the resolution on September 18 at the new Parliament House.
While India today is vastly different from the India of 1975, the need for vigilance against authoritarianism remains the same, asserts Utkarsh Mishra.
Prime Minister Narendra Modi's state visit to the US is expected to see discussion on India's possible entry into a US-led global alliance on critical minerals, officials told Business Standard. In June last year, the US, the European Union, and other G7 partners launched the Minerals Security Partnership to ensure that China did not further strengthen its grip on supplies of critical minerals the world over. Various ministries, including the Ministry of Finance, have communicated to the Ministry of External Affairs to explore the possibility of India joining the partnership, officials said.
While the BJP backs Nitish Kumar as chief minister, Chirag isn't hiding his readiness for the role, reports Aditi Phadnis.
Parliament's approval of the Waqf (Amendment) Bill, a contentious piece of legislation aimed at reforming Waqf bodies, has sparked strong reactions from the opposition, who allege that the bill was "bulldozed" through Parliament. The bill, considered the government's most consequential legislation in its third term, was passed with comfortable majorities in both the Lok Sabha and Rajya Sabha despite opposition claims of a lack of consultation and an intrusion into religious affairs. Other notable bills approved during the session included the Finance Bill, Appropriation Bill, Immigration and Foreigners Bill, and Tribhuvan Sahkari University Bill. The session, which saw high productivity, also witnessed debates on issues such as economic distress, delimitation, and the three-language policy. While the government touted its achievements, the opposition criticized the government's approach and vowed to challenge the Waqf bill in court.
Using the Mahabharat reference as a leitmotif, Leader of Opposition in the Lok Sabha Rahul Gandhi on Monday claimed that an atmosphere of fear prevails all around with a group of six trapping the entire country in a 'chakravyuh' he promised would be broken by the INDIA bloc.
Challenging the decision of the Biden Administration to investigate the activities of Indian billionaire Gautam Adani and his companies, an influential Republican lawmaker on Tuesday said such selective actions risk damaging critical alliance partners.
Actor-politician Kamal Haasan on Wednesday said discussions were on for his party Makkal Needhi Maiam (MNM)'s political alliance and stressed it would support any bloc that would 'selflessly' think about the nation but desist from being part of 'feudal politics'.
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.
A smiling Sri Lanka President Ranil Wickremesinghe on Wednesday asked West Bengal Chief Minister Mamata Banerjee whether she is going to lead the Opposition alliance, INDIA.
Some constituents of the alliance have raised concern that the panels, particularly the 14-member coordination committee, are at risk of becoming ineffective, as their decisions have so far not been acted upon.
'Tax rate and stock markets are entirely two different things.'
'While criticising India's high tariffs, Mr Trump stated he would impose reciprocal taxes on Indian products if re-elected.' 'However, since India's tariffs follow WTO rules, Mr Trump's actions would violate these rules,' Ajay Srivastava points out.
The Samajwadi Party (SP) and the Congress's alliance in Uttar Pradesh came under scrutiny as both parties did not hold a single joint campaign for the bypolls to nine assembly seats. While both parties maintained that the alliance is strong, BJP ally Rashtriya Lok Dal (RLD) claimed a crack in the alliance. The Congress opted out of the bypolls and announced coordination committees for all nine seats to support the SP. However, the absence of joint rallies raised questions about the alliance's strength. The SP campaign was spearheaded by its chief Akhilesh Yadav, while the Congress cited its leaders' busy schedules in Maharashtra and Jharkhand for the lack of joint campaigns. The bypoll results will be announced on November 23.
Indian drugmakers supply 47 per cent of the generic medicine requirements in the US, and tariffs would have increased prices in the US domestic market for patients, who are already dealing with drug shortages.
Another meeting convened by Congress president Mallikarjun Kharge at his residence in New Delhi on Wednesday with the floor leaders of the INDIA constituents in Parliament will, however, go ahead according to its schedule to formulate the opposition strategy for the 2024 Lok Sabha polls.
Two years after winding up its India production, global automobile giant Ford Motor Company is in talks with the Tamil Nadu government to restart operations at Maraimalai Nagar near Chennai, where it will focus on exports. Chief Minister Stalin visited Ford headquarters in Michigan on Tuesday and held discussions with its top management, urging it to restart production. "Had a very engaging discussion with the team from Ford Motors.
The outcome of Maharashtra state elections is unlikely to move markets much, said analysts. The markets, they believe, have bigger developments to worry about in the short-to-medium term.
The government has moved to increase the strength of the joint committee of Parliament that will scrutinise the two bills proposing simultaneous elections from 31 MPs to 39, giving representation to more parties.
'We are not opposed to any Indian language. We are against Hindi imposition.'
Equity mutual funds (MFs) capped a strong 2024 with near-record inflows in December. With net inflows of Rs 41,156 crore in December, the 2024 tally surged to Rs 3.9 trillion, up 144 per cent compared to 2023. The December tally, which was only slightly short of the record-high inflows of Rs 41,887 crore achieved in October 2024, was fuelled by record inflows of Rs 9,761 crore into small-cap and mid-cap funds.
India is planning to soon sign new and updated mineral pacts with about a dozen countries in Africa. The Ministry of Mines is in discussions with Cte d'Ivoire, Democratic Republic of the Congo (DRC), Madagascar, Malawi, Mali, Morocco, Mozambique, South Africa, Tanzania, Zambia and Zimbabwe, Business Standard has learnt. Negotiations are ongoing with around a dozen countries, and more will be added to the list soon.
Prime Minister Narendra Modi will move the motion today in the Lok Sabha to choose Om Birla as the Speaker of the lower house amid a tussle for the post with the opposition's Indian National Developmental Inclusive Alliance (INDIA).
The opposition Indian National Developmental Inclusive Alliance (INDIA) was in the grip of a crisis on Saturday with the Janata Dal-United saying the alliance was collapsing amid indications that Bihar Chief Minister Nitish Kumar will switch back to the National Democratic Alliance, prompting the Congress to allege that the Bharatiya Janata Party is doing its best to cause a 'mini implosion' in the coalition.
The amount was pledged as Prime Minister Narendra Modi addressed the virtual Global Vaccine Summit hosted by British Prime Minister Boris Johnson in which over 50 countries, business leaders, United Nations agencies, civil society, government ministers, heads of state and country leaders participated.
There was no smooth surge in middle class prosperity for foreign businesses to tap into because of the Indian economy was mismanaged, argues Debashis Basu.
'Now it's for India to also make certain decisions. The sky's the limit. You've got to be strategic.'
Party's chief spokesperson K C Tyagi said Kumar has agreed to take over the mantle from Lalan Singh.
'Muslims need to work according to strategy and not fall into the trap of Opposition parties.'
Political observers lauded the SP's choices in fielding several non-Yadav and Scheduled Caste candidates, the party's alliance with the Congress, and Rahul Gandhi's campaign around the danger to the Constitution if the BJP won a big majority.
'Party workers sit outside polling booths and they know everything that is happening.' 'Besides, as a voter when you push the EVM button to vote there is a paper slip that comes out showing you who you voted for.'
The US move to align with Russia is prompted by fear of a Sino-Russian joint threat. Russia, fully aware of its military vulnerability vis a vis China may cautiously welcome the American move, assesses Colonel Anil A Athale (retd).
At the PMO, policies are framed by factoring in analytical perspectives, implications, sustainability, and other dimensions.
Recalling Singh as a very humble person, Kumar said, "Dr Singh used to live here. I was a child when his family shifted out. It was a very nice family." The house where the Singh family lived is in a dilapidated state now as no one stays there since they moved out a long time ago, Kumar said.
'In the new coalition government, India's reform agenda may prioritise job creation and factor market reforms.'
