Modi will inaugurate the new Parliament building on May 28 following an invitation by Lok Sabha Speaker Om Birla.
The Adani Group led in adding net fixed assets, which are up more than 90 per cent since September 2019 or before COVID-19.
Asset Management Companies (AMCs) demonstrated improved business metrics in the first quarter ended June 2023 (Q1FY24), but a sharp run-up in stocks leaves little room for further upside in the immediate term, say analysts. During this quarter, HDFC AMC reported a 10 per cent year-on-year (YoY) rise in revenue from operations at Rs 575 crore. Nippon India's revenue from operations went up 12 per cent to Rs 354 crore.
The existing Parliament building will be conserved as it is an archaeological asset of the country.
Tabled by Minister of State for Home Affairs Nityanand Rai, the legislation will reverse the effect of the Supreme Court verdict in May that gave the Delhi government power over administrative services.
I think the 'What-if-it-had-been-Patel?' sentiment represents a yearning for more of what we are already seeing around us in India today, observes Aakar Patel.
Union Home Minister Amit Shah on Wednesday blamed India's first Prime Minister Jawaharlal Nehru's "two major blunders" -- declaring a ceasefire without winning the entire Kashmir and taking the issue to the United Nations -- for the sufferings of the people of Jammu and Kashmir.
Officials have said the national capital lacked a convention centre big enough to seat so many MPs and adhere to social distancing norms. Additionally, holding a 'virtual session' looks slims as any change in the rules requires a motion to be carried in both the Houses of Parliament.
Lok Sabha Speaker Om Birla has referred petitions submitted by the Trinamool Congress and the YSR Congress under the anti-defection law against their respective leaders Sisir Adhikari and K Raghu Rama Krishna Raju to the privileges committee.
He underlined the need for patience in political life and said those seeking a change of guard should go back to the people to achieve it.
Gandhi invoked Rule 357 which allows for "personal explanations" and also cited the example of Bharatiya Janata Party MP and then minister Ravi Shankar Prasad, who invoked the Rule to give an explanation regarding comments made by Jyotiraditya Scindia in relation to him in Parliament
Kovind said he always considered himself as a part of the larger family, which included the members of parliament.
In the face of tax blow, brokerages remain sanguine about the prospects of asset management companies (AMCs). A sharp correction in the shares of AMCs over the past three months factors in most of the negatives and turned valuations attractive, observe analysts. In its latest report, Kotak Institutional Equities (KIE) has upgraded HDFC AMC to 'add' (from 'reduce') and reprised 'add' and 'buy' ratings on the rest of the listed AMCs - Nippon, UTI, and Aditya Birla Sun Life.
In the Rajya Sabha, Chairman M Venkaiah Naidu could not read out his customary closing remarks that sum up the business conducted in the House during the session, as Shiv Sena and other opposition MPs created a ruckus.
Most large fund houses, such as HDFC MF, ICICI Prudential AMC, Reliance MF, Reliance MF, Birla SunLife MF and SBI MF, have the backing of large banks or financial institutions, giving them reach and understanding, they say.
Adani group stocks have taken a beating on the bourses after Hindenburg Research made a litany of allegations, including fraudulent transactions and share price manipulation at the Gautam Adani-led group. The group has maintained it complies with all laws and disclosure requirements.
Inter-faith prayer meeting held on Friday at Gandhi Smriti in New Delhi.
India's total value of defence production breached Rs 1 trillion-mark in the fiscal year 2022-23 (FY23), up 12 per cent year-on-year (YoY). At the bourses, this has been well reflected in related-stocks from the sector as they gained considerable ground during this period. Shares of Hindustan Aeronautics (HAL), Mazagon Dock Shipbuilders, MTAR Technologies, Bharat Electronics (BEL), and Bharat Dynamics (BDL) have skyrocketed up to 160 per cent in a year, as against a 14 per cent jump in the S&P BSE Sensex.
Congress MPs staged a protest in front of the Gandhi statue in Parliament complex demanding an apology from the government for Irani's confrontation with Congress president Sonia Gandhi on Thursday.
Prime Minister Narendra Modi is likely to reply to the debate on on Motion of Thanks to the President's address.
Officials also said that sufficient steps have been taken to control air and noise pollution during the construction work for the new parliament building, which will have separate offices for all MPs and those will be equipped with the latest digital interfaces as a step towards creating 'paperless offices'.
Opposition parties on Thursday continued their attack on Prime Minister Narendra Modi over inauguration of the new Parliament building and accused him of being 'megalomaniac' and the government of being 'arrogant'.
However, the Lok Sabha and the Rajya Sabha will use their respective chambers and galleries for the members to seat, as was the case earlier, they pointed out.
While Birla did not specify the financial implications of the move, sources said the Lok Sabha Secretariat can annually save more than Rs 8 crore with the subsidy coming to an end.
Congress leader Rahul Gandhi on Tuesday launched a no-holds-barred attack on the Bharatiya Janata Party saying he was not scared or intimidated by the saffron party's tactics of taking away his MP "tag" or his official residence as the more the ruling dispensation attacks him, the more he knows he is on the right path.
On Wednesday, Punjab Governor Banwarilal Purohit will swear Bhagwant Mann as Punjab's first AAP chief minister at Khatkar Kalan, the ancestral village of iconic freedom fighter Shahid Bhagat Singh.
The women's reservation bill is back in focus ahead of Parliament's winter session, with several opposition parties, including the Janata Dal-United, which had once opposed the move, demanding that it be introduced and passed in this session.
Amid the row over a new set of unparliamentary words, senior Congress leader Shashi Tharoor Sunday said he would treat the list as indicative rather than definitive, and 'speak normally' in the House and see whether it is applied in a 'draconian manner' to stifle meaningful criticism.
Generally, before adjourning the house sine die the chair reads out the statistics about the business transacted in the house in detail.
Both Houses of Parliament were adjourned sine die on Wednesday, bringing the Monsoon Session of Parliament to an end eight days ahead of schedule.
In the last three years, 20 gardens have changed hands, and 90 per cent of the buyers are from non-tea background.
The Left parties hit out at the Bharatiya Janata Party-led Centre on Monday over a religious ceremony performed at an event to unveil a cast of the national emblem on the new Parliament building premises, saying such installations should not be linked to religion.
"He has already apologised," Sonia Gandhi responded to the media on party's Adhir Chowdhury's 'rashtrapatni' remark.
Lok Sabha and Rajya Sabha proceedings were adjourned for the day amid protests by the Opposition in both the Houses demanding removal of Ajay Mishra as Union minister and withdrawal of the suspension of MPs.
Leading the Opposition attack over the Adani-Hindenburg issue in the Lok Sabha, Rahul Gandhi on Tuesday linked Gautam Adani's meteoric rise to Prime Minister Narendra Modi's coming to power and said "magic" happened after 2014 that propelled the businessman from the 609th to the second spot on the global rich list.
While Defence Minister Rajnath Singh spoke about the consensus, Parliamentary Affairs Minister Pralhad Joshi said there is no need for a separate discussion in Parliament on the Pegasus issue during the budget session.
Lok Sabha on Thursday passed two bills before the proceedings were adjourned for the day amid continuous protests by opposition members over the Pegasus spying row and farmers' issue.
The BJP on Thursday alleged that the opposition parties have decided to boycott the inauguration of the new Parliament building by Prime Minister Narendra Modi just because it has been built at his initiative.
Lok Sabha Speaker Om Birla on Tuesday said it was the most productive session since 1952.
This State-corporate 'cooperation' didn't begin with the arrival of the Modi government.
Many of the big licences, contracts, and even environmental clearances for the Adani group had come in the UPA's time, points out Shekhar Gupta.
