The Bharat Mata controversy in Kerala shows how political and symbolic fights between the state and the Centre have taken attention away from education, throwing the state's oldest university into confusion and disorder, observes Shyam G Menon.
Sensex sinks 573 pts on global tensions and high crude prices
This was probably the largest such gathering in the country to protest the Waqf (Amendment) Act.
Equity investors would track global market trends, inflation data and trading activity of foreign investors for further cues this week, analysts said. Moreover, progress of monsoon and developments related to trade talks would also be monitored by investors, experts noted.
The domestic stock market this week would monitor the geopolitical developments after India and Pakistan reached an understanding to stop military actions, analysts said. Moreover, macroeconomic data announcements, Q4 earnings, trading activity of foreign investors and global market trends are also likely to influence sentiments, traders said.
Sources close to the top BJP leadership tell me that Tharoor has already had secret meetings with the BJP's top brass and is waiting patiently to make his next move, reports Ramesh Menon.
Hours after, however, firing from the Pakistani side was reported in Akhnoor sector in Jammu and Kashmir. Drones were also seen in the Pir Panjal area.
'You can say it was a moment that can be described as unimaginable or unbelievable.'
The Supreme Court has agreed to hear petitions challenging the Election Commission's decision to revise electoral rolls in Bihar. The hearing is scheduled for July 10.
The accused has been arrested on the basis of an FIR lodged by the woman at Haridevpur Police Station, they said.
The two priority regions for the Chhattisgarh government to promote its homestay policy are Surguja and Bastar.
Mahila court judge M Rajalakshmi, who convicted Gnanasekaran on May 28, awarded sentences in respect of each 11 charges proved by the prosecution against him. The sentences run concurrently, the judge added.
Moderate turnout was recorded in the first four hours of polling across five assembly constituencies across Punjab, West Bengal, Gujarat and Kerala where bypolls are underway on Thursday.
Maoists have admitted that 28 cadres, including their top leader Basavaraju, were killed in an encounter with security forces in Chhattisgarh's Bastar region last week. The Naxals also claimed that some of their cadres had surrendered to police and provided information that led to the operation. Police have recovered a large cache of weapons, including an AK-47 looted by Basavaraju from security forces in a 2010 ambush.
The Communist Party of India (Marxist) has issued a note to its state units on the draft political resolution for the upcoming party congress. The note says the party does not consider the Narendra Modi government or the Indian State as "neo-fascist", even as there are manifestations of "neo-fascist characteristics". The note clarifies that the party is not calling the Modi government "neo-fascist", but is concerned about the dangers of the BJP-RSS consolidating power and pushing a Hindutva-corporate agenda. The CPI(M) distinguishes between "neo-fascism", which it describes as a global phenomenon rooted in the crisis of neoliberalism, and classical fascism.
Originally Friday (June 6) was marked as holiday for Bakrid. However, following the reports that the festival would be celebrated on Saturday across the state, on Thursday, the Kerala government announced that Saturday, June 7, will be a public holiday for Bakrid.
The change in stance to neutral from accommodative in the June monetary policy meeting does not necessarily signal that the Reserve Bank of India's (RBI's) rate setting body - monetary policy committee (MPC) - will go on a prolonged pause on rate cuts going forward, believe experts.
The killing of CPI-Maoist general secretary Nambala Keshav Rao alias Basavaraju, the topmost leader by security forces in Chhattisgarh, is a major setback for the banned outfit. Basavaraju, who was on the most wanted list of the NIA, was among the 27 dreaded Naxals killed by security forces in Chhattisgarh's Bastar region. The Telangana Police official said that the killing will be a demoralising factor for the Maoists. The official pointed out that the Maoists are already demoralised and hundreds of their cadres have surrendered before Telangana police besides many being arrested.
If the threat from the 'Maovadis' (Maoists) is fading, the danger now lies with the 'MoUvadis' -- those who might exploit the resource-rich Abujhmad region through corporate or State-backed projects.
Leaders of several INDIA bloc parties met the Election Commission over the Special Intensive Revision of electoral rolls in Bihar and raised concerns over its timing, alleging that over two crore voters of the state may be disenfranchised by this mammoth exercise being done just ahead of assembly elections.
A leading Catholic Church daily in Kerala has described the Waqf amendment bill as a crucial test of secularism in Parliament, urging MPs to support it. The editorial in Deepika daily comes as the union government prepares to table the bill for parliamentary consideration. The editorial calls the bill a test of secularism and warns MPs that failing to support it would mark them in history as endorsing religious fundamentalism. The paper added that the bill will also put an end to the injustices faced by thousands of Hindu, Christian, and Muslim citizens who have suffered due to the Waqf law. The editorial also recalled the recent statement addressed to Kerala MPs by Kerala Catholic Bishops' Council (KCBC) where the KCBC President Cardinal Mar Baselios Cleemis Catholicos urged amending provisions in the Waqf law that validate claims over land which people of Munambam have lawfully possessed. Opposition parties have slammed the bill as "unconstitutional" and against the interest of the Muslim community.
Veteran Communist leader and former chief minister V S Achuthanandan, one of the most popular and crowd-puller leaders in the history of the ruling Communist Party of India-Marxist in the state, turned 100 on Friday.
Retail inflation dipped marginally to a nearly six-year low of 3.34 per cent in March due to a decline in prices of vegetables and protein-rich items. The Consumer Price Index (CPI) based inflation was 3.61 per cent in February and 4.85 per cent in March last year.
Aam Aadmi Party's Gopal Italia on Monday won from Gujarat's Visavadar assembly constituency and his party also retained Punjab's Ludhiana West seat while the Congress-led United Democratic Front wrested Nilambur from the ruling Left Democratic Front in Kerala, according to results of assembly bypolls in four states.
The Indian National Developmental Inclusive Alliance (INDIA) could have performed better in the recently-held Lok Sabha polls and perhaps, too much time was spent in reaching seat-sharing agreements, Communist Party of India-Marxist-Leninist Liberation general secretary Dipankar Bhattacharya has said.
Retail inflation eased to a nearly six-year low of 3.16 per cent in April mainly due to subdued prices of vegetables, fruits, pulses, and other protein-rich items, creating enough room for the Reserve Bank to go for another round of rate cut in the June monetary policy review. The Consumer Price Index (CPI) based inflation was 3.34 per cent in March and 4.83 per cent in April 2024. It was 3.15 per cent in July 2019.
The Reserve Bank on Wednesday lowered the inflation projection for the current fiscal to 4 per cent from 4.2 per cent earlier, taking into account good agricultural output and falling crude prices.
A student activist and "independent journalist" from Kerala, Rejaz M. Sheeba Sydeek, has been arrested in Nagpur for allegedly "preparing to wage war against the Government of India." The arrest was made after Sydeek allegedly condemned Operation Sindoor, an Indian Armed Forces operation against terror targets in Pakistan, and criticized operations against Naxalites on his Instagram account. Police found a book about professor G N Saibaba, who faced trial for alleged links with Naxalism, and another about Marxism-Leninism in Sydeek's bag. An English letter seized from his possession appeared to criticize the Indian government for anti-Naxal operations and called for "peace talks between the Indian state and the (banned) CPI (Maoist)".
A heated debate erupted in the Rajya Sabha over the ongoing strike by ASHA workers in Kerala, with Congress and CPI(M) MPs trading accusations over responsibility for addressing their demands for a higher honorarium and post-retirement benefits. Congress MP Jebi Mather alleged that both the Kerala government and the Union government had ignored the workers' pleas, while CPI(M) MP John Brittas countered by claiming Kerala provides the highest honorarium to ASHA workers. The debate also saw demands for an AIIMS in Kerala and a hike in MBBS seats, as well as concerns over maternal health, elderly care, and mental health in India.
The Reserve Bank of India's (RBI) Monetary Policy Committee's (MPC) decision to cut the repo rate by 50 basis points (bps) to 5.5% was contrary to the expectations of many economists. Firstly, most of the economists expected the MPC to cut the repo rate by 25 bps citing the weakening of inflation, prospects of economic growth, geopolitical uncertainty and comfortable system liquidity.
Kerala Governor Rajendra Vishwanath Arlekar asserted that there would be no compromise on Bharat Mata.
Fada estimates that global supply chain headwinds like scarce availability of rare earth elements for electric vehicle components and geopolitical tensions may affect urban consumer sentiment in June as well.
They said the Left party is consulting its lawyers to challenge the notice of the tax authorities.
From the Sensex firms, Tata Steel, Eternal, Tech Mahindra, Maruti, Mahindra & Mahindra, Infosys, IndusInd Bank, HCL Tech, Tata Consultancy Services and Bharti Airtel were the major gainers. Telecom operator Bharti Airtel climbed nearly 1 per cent after it posted about a five-fold jump in consolidated net profit to Rs 11,022 crore in the March 2025 quarter, mainly due to the tariff hike impact and one-time gain on tax benefits. However, Asian Paints, Tata Motors, Kotak Mahindra Bank, NTPC and Power Grid were among the laggards.
Leaders of the West Bengal Congress unit, which has an alliance with the CPI-M-led Left Front in the state, were seen welcoming the Left leaders.
Retail inflation slowed to a four-month low of 5.22 per cent in December compared to 5.48 pc in November, mainly due to easing of prices in food basket, according to government data released on Monday. The inflation based on Consumer Price Index (CPI) was 5.48 per cent in November and 5.69 per cent in December 2023.
'We will inform them how Pakistan not only helps terrorists, it also provide training to them to target India and spread terror.'
The Indian government briefed an all-party meeting on Thursday on the success of "Operation Sindoor", the retaliatory airstrikes against Pakistan following the Pahalgam terror attack. Top government functionaries and opposition leaders met for a second time in a fortnight amid rising tensions between India and Pakistan. The meeting was chaired by Union Home Minister Rajnath Singh and attended by several prominent leaders from various political parties. The government highlighted the strikes on nine terror targets in Pakistan and Pakistan-occupied Kashmir, including the Jaish-e-Mohammad stronghold of Bahawalpur and Lashkar-e-Taiba's base Muridke.
The Reserve Bank of India (RBI) has projected retail inflation at 4.2 percent for the next financial year beginning April while retaining the forecast for 2024-25 at 4.8 percent. The central bank attributed the expected easing of inflation to good kharif production, winter-easing in vegetable prices and favorable rabi crop prospects. However, the RBI also noted that continued uncertainty in global financial markets coupled with volatility in energy prices and adverse weather events presents upside risks to the inflation trajectory.
In an eventful week ahead, stock markets may face volatile trends before the RBI's interest rate decision and the US inflation data announcements, as investors continue to assess the broader implications of US tariffs on global economy and inflation, analysts said. Investors fear that a full-blown trade war will impact global trade and economic growth, according to market experts.
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