The expectations of a borrowing cut by the government faded among bond-market participants after the general election results because they feel the compulsions of running a coalition may put pressure on the exchequer, according to dealers. The recent trend of moderate depreciation in the rupee's nominal effective exchange rate (NEER) might not persist if there are significant changes to the structural reform agenda.
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.
Kumar, who heads the Janata Dal-United, moved the motion soon after the House passed a proposal for the removal of Rashtriya Janata Dal's Awadh Bihari Chaudhary as Speaker of the assembly.
While the results of the bypolls will not directly impact the composition of the 403-member state Assembly, the contest is being seen as a prestige fight between the BJP and opposition parties.
As Modi takes guard for a third term with trusted and seasoned hands around him, the BJP is hopeful that he will prove his detractors wrong and continue to fuel the party's expansion horizontally and vertically with his inventive policies in government and new set of ideas in politics with the core of Hindutva, development and welfarism remaining intact.
'The assailants knocked at the gates of Yadav's house around 5.30 am and opened fire as soon as he opened the gates,' the Bihar Police tweeted.
The BJP and Shiv Sena, which along with Ajit Pawar's Nationalist Congress Party comprise the ruling Mahayuti, for some time now have been courting Thackeray, who founded the MNS in 2006.
10 vacancies in the Upper House after Rajya Sabha members were elected to the Lok Sabha.
The exit polls on Saturday predicted the Bharatiya Janata Party-led National Democratic Alliance winning most of the seats in Congress-ruled Karnataka in the Lok Sabha elections and the Congress not putting up a good show.
A first information report (FIR) has been lodged by an MLA of Bihar Chief Minister Nitish Kumar's Janata Dal-United against a party colleague, alleging that he was offered a bribe of Rs 10 crore and a ministerial berth for switching over to the Rashtriya Janata Dal-led 'Mahagathbandhan' ahead of the trust vote.
Most exit polls on Sunday forecast another term for Prime Minister Narendra Modi, with some of them projecting that the Bharatiya Janata Party-led National Democratic Alliance will get more than 300 seats to comfortably cross the majority mark of 272 in the Lok Sabha.
Nitish Kumar wants to assure the BJP leadership that he will continue to be a part of the NDA. But he also wants to secure a larger number of seats for his party in the 2025 assembly elections in Bihar.
Despite the upbeat statement, the party is expected to reflect on what caused the sharp fall in its numbers. It is expected to win about 240 seats against the 303 it had won in 2019.
Those joining Prime Minister Narendra Modi's council of ministers for the first time include three former chief ministers -- Shivraj Singh Chouhan (Madhya Pradesh), Manohar Lal Khattar (Haryana) and H D Kumaraswamy (Karnataka).
"Akali Dal is a part of the NDA but it is a separate political outfit. They have taken this decision because of some political reasons. We have an alliance (SAD-BJP) but both are different political outfits. They (SAD) have taken a political decision," said Sharma.
Predictably, many RJD leaders, including its spokesperson Sarika Paswan, shared the video of Kumar who had lambasted the party's president Lalu Prasad and the latter's wife Rabri Devi for their alleged dismal performance as chief ministers of Bihar.
Manjhi said Paswan has never raised a voice for rights of the Dalits and the poorest of the poor.
Shah pulled no punches in lambasting the RJD supremo for alleged nepotism, accusing him of making his wife the chief minister, getting his daughter elected to Parliament and "now both his sons want to become the CM".
Union minister Chirag Paswan has caused a flutter by stating he would choose to give up his ministerial berth instead of a compromise on his principles, in keeping with the precedent set by his late father Ram Vilas Paswan.
The parliamentary committee scrutinising the Waqf bill is set to propose that existing 'Waqf by user' properties will remain so if not in dispute or are government facilities but they must be registered before the new law takes effect, providing little relief to Waqf bodies in their unverified title claims.
The BJP-led National Democratic Alliance's (NDA) slim majority in Lok Sabha may delay more far-reaching economic and fiscal reforms that could impede progress on fiscal consolidation, Moody's Ratings said on Wednesday. NDA securing a majority in the general elections will give a historic third term for Narendra Modi as Prime Minister of India. "We expect policy continuity, especially with regards to budgetary emphasis on infrastructure spending and boosting domestic manufacturing, to support robust economic growth.
"I am fighting a big battle to save my country from the corrupt. That is why they are behind bars today and not getting bail even from the Supreme Court," Modi said.
Women-centric schemes could have proved a game-changer in both Maharashtra and Jharkhand, as both states witnessed a surge in women voters in the recently held assembly polls as well as return of the ruling alliances with a thumping majority.
The BJP is committed to implement the 36-year old Assam Accord and a committee set up on the implementation of its Clause 6 is a step in that direction, Modi said.
Government sources said Modi will also chair meetings to review the aftermath of the Cyclone Remal, especially in the north east region hit by natural disasters.
As the Opposition on Wednesday held its first meeting on the presidential election, the ruling Bharatiya Janata Party reached out to several parties across the political spectrum to build a consensus choice for the top constitutional post with senior party leader Rajnath Singh speaking to Sharad Pawar, Mallikarjun Kharge, Mamata Banerjee, Akhilesh Yadav and Naveen Patnaik, sources said.
The Delhi high court on Friday sought a response from the Centre, Election Commission of India, and 26 political parties on a petition seeking to restrain opposition parties from using the acronym INDIA for their alliance.
Almost a week after winning the Assam Assembly polls, Bharatiya Janata Party is likely to decide on the name of its Chief Ministerial nominee on Saturday in a crucial meeting called by the central leadership of the party.
'Karur could still impact Jana Nayagan's box-office success if Vijay and the TVK do not get their act together,' points out N Sathiya Moorthy.
Ruling NDA and opposition INDIA bloc MPs clashed in Parliament on Thursday over Home Minister Amit Shah's remarks on B.R. Ambedkar, leading to jostling and an injury to BJP MP Pratap Sarangi. The opposition demanded Shah's resignation, while the BJP defended him.
Exit polls conducted after the Delhi Assembly elections on February 5th predict a close race between the Bharatiya Janata Party (BJP) and the ruling Aam Aadmi Party (AAP), with the BJP potentially securing a slight advantage. The polls suggest the Congress will not make any significant gains. However, it is important to note that exit polls are projections based on voter interviews and can vary significantly from the actual results, which will be announced on February 8th.
Uddhav Thackeray, who played the bold gambit of taking on the ally Bharatiya Janata Party in 2019 and forged an unlikely alliance with the Congress and the Nationalist Congress Party, was on Saturday left struggling to make sense of his party's rout in the Maharashtra assembly elections.
They will, however, remain in the Congress, Congress Legislature Party (CLP) leader Ampareen Lyngdoh said.
Earlier, Vijay Wadettiwar questioned the recent meeting between Sharad Pawar and his nephew Ajit Pawar, who heads the rival faction of the party.
A day after holding marathon talks with Samajwadi Party supremo Mulayam Singh Yadav, Congress poll strategist Prashant Kishor on Monday held closed-door meeting with Chief Minister Akhilesh Yadav
The final round of voting for the Jharkhand Assembly elections is taking place on Wednesday, with the JMM-Congress-RJD coalition seeking to retain power while the BJP-led NDA aims to take control. The election will decide the fate of Jharkhand Chief Minister Hemant Soren, his wife, and several other candidates. Key issues during the campaign included alleged infiltration from Bangladesh, corruption, and Hindutva.
MNS leader Raj Thackeray has sparked speculation about a potential political rapprochement with his estranged cousin and Shiv Sena (UBT) chief Uddhav Thackeray, suggesting their past differences are "trivial" and uniting for the greater good of "Marathi manoos" is not a difficult task. The comments come amid a political landscape in Maharashtra where the Shiv Sena (UBT) is facing a tough battle to retain its stronghold in Mumbai in upcoming civic polls, with competition from the Shinde-led Sena and BJP.
Many exit polls predicted that SP-BSP alliance in Uttar Pradesh is likely to trump the BJP in the country's politically most crucial state.
Tamil Nadu Chief Minister M K Stalin on Tuesday warned of "another language war" amid the ongoing Hindi imposition row, stating that the state is "ready" for it. He also expressed concerns about the potential loss of Lok Sabha seats due to the proposed delimitation process, which he believes will disadvantage states that have successfully implemented population control measures. Stalin has called for an all-party meeting on March 5 to discuss the issue, urging unity across political lines to address the perceived threat to Tamil Nadu's representation in Parliament.
A day after TDP president N Chandrababu Naidu held deliberations with Union Home Minister Amit Shah and BJP chief J P Nadda, Kumar told PTI that preliminary discussions have taken place for the 'purpose of alliance' for the Lok Sabha and state assembly polls, which are held simultaneously in Andhra Pradesh.
