India is poised to be the fastest-growing major economy in the world and an engine of global growth despite global headwinds, says leading industrialist and Aditya Birla Group Chairman Kumar Mangalam Birla. The economic activity in India has witnessed a sharp recovery to pre-pandemic levels on the back of a rapid and widespread rollout of the vaccination programme, Birla said in the latest annual report of UltraTech Cement Ltd. "A strong digital ecosystem, fiscal and monetary policy and various government schemes helped small and medium enterprises and the worst affected sections of the population to survive while reviving demand and bringing the economy back on track," said Birla while addressing UltraTech's shareholders.
They said the proposal to bring a motion was mooted at the meeting of party MPs this morning and Congress leaders are now talking to other party leaders over it.
Leaders of various INDIA bloc parties have written to Lok Sabha Speaker Om Birla, urging him to allow leaders of the opposition in both Houses of Parliament to speak during the Constitution Day function to be held on Tuesday. The function will be addressed by President Droupadi Murmu, Vice President Jagdeep Dhankhar, and Lok Sabha Speaker Om Birla. The letter, signed by leaders of various opposition parties, states that they believe in the best traditions and interests of Parliamentary democracy, the Leaders of Opposition (LoPs) in both Houses should also be given an opportunity to speak on this historic occasion. Parliamenary Affairs Minister Kiren Rijiju, however, said that Prime Minister Narendra Modi will not be addressing the event and accused "some of the Opposition parties " of giving reactions without knowing the actual arrangement. He added that sitting arrangements have been made for the Leaders of Opposition of both Lok Sabha and Rajya Sabha on the dais.
Ahead of the monsoon session of Parliament, Lok Sabha Speaker Om Birla on Saturday sought cooperation of all parties for the smooth conduct of proceedings with "decency, dignity and discipline", even as the Opposition demanded discussion on the Agnipath scheme, unemployment and farmers' issues.
The Delhi Police's Crime Branch will investigate the case against Congress leader Rahul Gandhi in connection with a scuffle on the Parliament premises that left two BJP MPs injured. An FIR was registered against Gandhi after a BJP complaint accused him of physical assault and incitement. Police will also investigate a separate complaint filed by the Congress, accusing BJP MPs of misbehaving with party chief Mallikarjun Kharge. Lok Sabha Speaker Om Birla has banned demonstrations by MPs and political parties at any of the Parliament gates following the incident.
Leader of Opposition Rahul Gandhi and Speaker Om Birla had a verbal exchange in the Lok Sabha on Monday when the Congress leader questioned why he bowed before Prime Minister Narendra Modi.
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Unprecedented bribery charges, farewells, separation, failed union, monumental mergers and record-breaking IPOs, along with a healthy dose of online happenings in the form of spat and lessons in customer care, corporate India saw it all in 2024.
The Lok Sabha passed a resolution on Tuesday condemning Opposition's disruptions during Prime Minister Narendra Modi's address, with Union minister Rajnath Singh saying these actions 'shredded' parliamentary norms.
The President's office has condemned comments made by Congress leaders regarding President Droupadi Murmu's address to Parliament, stating that they hurt the dignity of the high office. The statement clarified that the President was not tired during her speech and that the comments were in "poor taste" and "unacceptable." The Congress leaders had reportedly discussed the speech, with Sonia Gandhi commenting on the President's alleged tiredness. The statement suggested that the leaders may have misunderstood the President's speech due to their unfamiliarity with Indian languages.
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The deportation of Indians from the United States, deaths in the Maha Kumbh stampede and the joint Parliamentary committee report on the Waqf bill were among the issues that led to heated exchanges and some disruptions in an otherwise smooth first part of the Budget session that ended on Thursday.
The Congress said BJP MPs had sticks in their hands and Kharge was threatened and pushed.
"The President was getting very tired by the end... she could hardly speak, poor thing," Sonia Gandhi, the former Congress chief, was heard saying in clips in what appeared to be a reference to how long the address was.
Leader of Opposition in the Lok Sabha Rahul Gandhi met Speaker Om Birla on Thursday and voiced his displeasure over the reference to Emergency made by the chair, saying it was 'clearly political' and could have been avoided.
The opposition caused repeated disruptions in Parliament Friday over the NEET paper leak issue, with both Houses being adjourned for the day without transacting much business apart from the Rajya Sabha taking up the Motion of Thanks for the President's address amid protests including by the Biju Janata Dal, which almost always supported the BJP in the previous Lok Sabha.
"Mr Kalyan Banerjee rose in this House and said sorry. But I will say that we all come to this House with the spirit of contribution to the nation's development...but we also come with a sense of self respect.
The Indian Parliament will introduce a constitutional amendment bill on Tuesday that seeks to hold Lok Sabha and state assembly elections simultaneously. The bill, popularly known as "one nation, one election", will be introduced by Union Law Minister Arjun Ram Meghwal and is likely to be referred to a joint committee of both houses for wider consultations. The bill also aims to align elections in the union territories of Jammu and Kashmir, Puducherry, and the NCT of Delhi. The move has been met with mixed reactions, with some supporting the idea of reducing election-related expenses and others expressing concerns about its impact on democratic processes.
Proceedings of both Houses of Parliament were disrupted on Monday as the treasury benches accused top Congress leaders of colluding with billionaire investor George Soros to destabilise the country, triggering protests from opposition members.
A constitutional amendment bill for holding Lok Sabha and assembly elections simultaneously is likely to be introduced in Parliament on Tuesday and could be referred to a joint committee of the two Houses.
The parliamentary committee scrutinizing the Waqf (Amendment) Bill has been granted an extension until the last day of the next Budget Session. This decision follows a heated meeting marked by a walkout from opposition members who expressed concerns about the committee's draft report. The committee will visit several states to meet stakeholders and finalize its report.
A total of 13 motions were moved in support of Birla.
Floor leaders of the Opposition Indian National Developmental Inclusive Alliance met on Monday ahead of the start of Parliament's winter session and decided to raise the issue of alleged corruption in the Adani Group and demand a Joint Parliamentary Committee on the matter.11111111111111111111111111
Gandhi's remarks drew massive protests from the treasury benches and a rare intervention from the prime minister, who slammed the Congress leader for calling the entire Hindu community violent.
The billionaire Adani family, which is building an in-house construction and engineering ecosystem by acquiring ITD Cementation and PSP Projects, is actively seeking additional acquisition opportunities, according to bankers. As part of its $100 billion investment plan by 2030, the Ahmedabad-based group has undertaken several large-scale construction projects, including the Dharavi redevelopment, Ganga Expressway, a mega convention centre in Mumbai and airports.
Government was watching Gandhiji's mood to know if he had cooled down. They found out from his letters and utterances that he was the same old firebrand and even more determined than before.
The Opposition members wanted to discuss the Adani controversy and the recent violence in Uttar Pradesh's Sambhal.
The 56-year-old leader is considered to be close to both Modi and BJP president Amit Shah.
Expressing 'pain' over opposition parties boycotting the Constitution Day event organised by the Lok Sabha secretariat on Friday, speaker Om Birla said staying away from such non-partisan events held by Parliament is not good for the health of democracy.
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.
The birth anniversary of Dr Bhimrao Ramji Ambedkar, whose political influence has surged with the passage of time, on Monday was marked by bitter trading of charges between the ruling BJP and opposition parties as they fought for his legacy.
Birla is believed to have bought the property - a 30,000 square feet plot with a built-up area of 25,000 square feet - for personal use.
As Parliament gears up for a stormy start next week over the Adani issue, the government has listed 16 bills, including one to amend the waqf law and five new ones, for the winter session.
The Congress on Wednesday said the Indian National Developmental Inclusive Alliance (INDIA) constituents did not seek a division of votes in the Speaker's election as they wanted to maintain a spirit of consensus and cooperation.
The parliamentary panel's meetings have become a virtual battleground between the opposition and the ruling party members, who have been vociferously debating the changes to the Waqf Bill proposed by the government.
Gandhi said the Opposition wanted the House to function "often and well" and added that it was very important that cooperation happens on the basis of trust.
At this poignant historic moment one can only wish that institutions are not built by bricks and mortars, but also by the rich Parliamentary traditions which have stood the test of time which needs to be strengthened by all stakeholders, notes Rup Narayan Das, a former joint secretary of the Lok Sabha Secretariat.
The 100-stock largecap basket of Mutual funds (MFs) has seen a major reshuffle in the latest semi-annual reclassification with seven midcap stocks and four new listings earning the largecap tag. According to a report from Nuvama Alternative & Quantitative Research, the midcap stocks that have been upgraded include CG Power, Rail Vikas Nigam, ICICI Prudential Life Insurance, Polycab India, Indus Towers, Cummins India, and Info Edge.
According to sources, several opposition leaders are also considering boycotting the inaugural function on Sunday, alleging that the government has insulted the President.
