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.
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'.
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.
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.
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.
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.
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.
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.
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'.
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.
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.
Both Houses of Parliament were adjourned sine die on Wednesday, bringing the Monsoon Session of Parliament to an end eight days ahead of schedule.
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.
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.
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.
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.
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.
Lok Sabha Speaker Om Birla on Tuesday said it was the most productive session since 1952.
In the last three years, 20 gardens have changed hands, and 90 per cent of the buyers are from non-tea background.
The two-page booklet "Aama Bapuji: Eka Jhalaka" (Our Bapuji: A Glimpse) -- published on the occasion of 150th birth anniversary of Mahatma Gandhi -- presents a brief account of his teachings, works and links with Odisha, while also stating that he "died due to accidental reasons in a sudden sequence of events on January 30, 1948 at Delhi's Birla House".
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.
Delhi Chief Minister Arvind Kejriwal will soon shift to a five-bedroom duplex flat in central Delhi from his current residence in the Kausambi locality of Ghaziabad.
The tumultuous Winter session of Parliament ended on Wednesday a day before schedule with proceedings in the Lok Sabha and the Rajya Sabha marred by repeated disruptions by the opposition over which the government and the Congress traded charges and the presiding officers expressed their anguish at the conduct of some MPs.
The government has readied a big legislative agenda for the Monsoon Session of Parliament beginning Monday even as the Opposition is raring to corner the ruling dispensation over a host of issues, including handling of the second wave of COVID-19, rise in fuel prices and farmers' stir.
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.
What some of our leaders were up to on the weekend.
By refusing to follow the pack and remain politically correct, Aamir Khan has paid a price. A fascinating excerpt from Shobhaa De's new book, Insatiable.
The first part of the Budget Session of Parliament is likely to end on February 13 instead of February 15, sources said on Friday, underling that the total number of working days would however remain the same.
Amid growing concerns over the spurt in COVID-19 cases in China and some other countries, Health Minister Mansukh Mandaviya said the focus is to ensure that no unknown variant of the virus enters India and at the same time there is no impediment to travelling.
Shinde is in the national capital to review on Tuesday the legal strategy on the disqualification petition against 16 MLAs supporting him filed by the Uddhav Thackeray camp.
Parliamentary Affairs Minister Prahlad Joshi has said that 31 bills will be taken up in the monsoon session. Among these include the Digital Personal Data Protection Bill, 2023.
The need for finding options for proper functioning of Parliament is of paramount importance as the frequency of the passage of Budgets and other economic Bills without discussion or debate has only increased in the last few years, notes A K Bhattacharya.
Apart from the 18 members of the ruling National Democratic Alliance (NDA), including the Bharatiya Janata Party, seven non-National Democratic Alliance parties will attend the ceremony, going by their stated position on the issue which has snowballed into another political flashpoint between the ruling and opposition camps.
Modi said the new Parliament reflected the aspirations and resolve of the "new India" to set and work towards achieving new targets.
The Eternal Gandhi Museum is the only Gandhi-related museum in the United States, dedicated to Gandhi, to preserve and promote his ever-lasting legacy of nonviolent conflict resolution.
The Trinamool Congress and the Communist Party of India on Tuesday said they will skip the inauguration ceremony of the new Parliament building even as the war of words over the prime minister and not the President scheduled to do the honours on May 28 continued between the government and the Congress.
