Reserve Bank on Thursday retained the growth and inflation projection at 7.2 per cent and 4.5 per cent respectively for the current fiscal amid expectations of a normal monsoon. In its last bi-monthly monetary policy review in June, RBI had projected real GDP growth and retail inflation at the same.
With all the evasions, one assertion made by the Pune (Rural) police stood out: They had found no connection of the Elgar Parishad with the violent incidents of January 1, 2018. Yet, the case against the 'Bhima Koregaon 16', which is based on exactly this alleged connection, continues, and seven of the accused continue to be behind bars under the UAPA, explains Jyoti Punwani.
The counting of votes for the bypolls to 46 assembly seats in 13 states and in the Lok Sabha segments of Nanded in Maharashtra and Wayanad in Kerala, a crucial electoral exercise since the parliamentary polls in April-May, will begin at 8 am on Saturday.
Adani Ports was the biggest loser in the Sensex pack, declining 1.37 per cent, followed by ITC, Bharti Airtel, NTPC, Maruti, Asian Paints, Sun Pharma, Power Grid, Hindustan Unilever and Larsen & Toubro. In contrast, Bajaj Finserv, Bajaj Finance, IndusInd Bank, Tata Steel, Axis Bank and Tech Mahindra were among the gainers.
'These allegations need to be treated with utmost seriousness.'
Brisk polling was seen for the Wayanad Lok Sabha and the Chelakkara assembly seats in Kerala as they witnessed a turnout of 20.54 and 19.08 per cent, respectively, after the first three hours of voting on Wednesday.
The fallout from the Justice K Hema Committee report on harassment and abuse in the Malayalam film industry intensified on Monday as a case was filed against well-known filmmaker Ranjith, and several female actors stepped forward with disturbing accounts of the mistreatment they faced at the hands of their various male counterparts.
Macroeconomic data announcements, global trends and trading activity of foreign investors would be the major driving factors for the equity markets this week, according to analysts.
"I remember one incident -- I would not name anyone -- that person said 'if you are going to become prime minister, we will support you'," Gadkari said.
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.
None of its candidates won. Most of them lost badly.
After hectic parleys and much back and forth with the INDIA bloc allies, the Congress also ended up going into the polls with its original plan of largely going solo.
'Modi's image has no takers among the masses.'
IPO bound HMIL, which is also from South Korea, had faced severe labour unrest for nearly a decade till the realisation -- a worker's union cannot be avoided -- dawned on it.
Bypolls will be held on Wednesday in 31 assembly seats spread across 10 states and Kerala's Wayanad Lok Sabha constituency, from where Congress general secretary Priyanka Gandhi Vadra is making her electoral debut. Though these bye-elections are not going to have any bearing on the governments, they are seen as a big test for the Congress and the INDIA bloc which failed to put up a united show in the recent Haryana assembly polls. Most of these seats fell vacant after the sitting MLAs contested the Lok Sabha elections and won while in some constituencies, the bypolls are being held due to death of the representatives. The Wayanad seat was vacated by Rahul Gandhi, who also won from the Rae Bareli parliamentary constituency which he kept. Voting will be held in seven seats in Rajasthan, six in West Bengal, five in Assam, four seats in Bihar, three in Karnataka, two seats in Madhya Pradesh, and one seat each in Chhattisgarh, Gujarat, Kerala and Meghalaya. Votes will be counted on November 23.
Priyanka's victory seems assured, but the broader implications for Kerala's political landscape and South Indian politics remain to be seen.
In a significant political development, National Conference president Farooq Abdullah announced on Thursday that an alliance with the Congress was finalised for all 90 assembly seats in Jammu and Kashmir, which is going for its maiden assembly polls after being reorganised into a Union Territory.
The exchange of fire took place at around 6.45 am in the forest area of Mothe village under Karakagudem police station limits.
'The Kerala BJP leadership is doing the job of clerical staff. What the boss orders, they just follow them.'
A sudden surge in political attacks in Bihar has stunned leaders of both the ruling National Democratic Alliance and the Opposition Mahagathbandhan.
The Reserve Bank of India's (RBI's) State of the Economy report for October acknowledged a slowdown in some high-frequency indicators but expressed confidence in a recovery, aided by consumption demand during the festival season. "In India, aggregate demand is poised to shrug off the temporary slowdown in momentum in the second quarter of 2024-25 as festival demand picks up pace and consumer confidence improves," said the report released on Monday.
When it comes to the Congress and Wayanad, the only way the scepticism in the minds of some in Kerala may be addressed is by the Gandhi family proving that they are more than a passing caravan in town, reports Shyam G Menon.
Announcing the first list of candidates, Left Front chairman Biman Bose said that of the 16 names announced, 14 are new, of whom three are women.
However, the national party count has gone down to six from 14 in over seven decades.
"The opposition parties should draw proper lessons from these results and draw up plans to put up an effective united opposition to the BJP state-wise by marshalling all the forces," the CPI-M said in a statement.
Rajnath came down heavily on the National Conference-Congress alliance over its poll promise of restoring Article 370 and said it is impossible as long as the BJP is there.
Stock markets will be driven by domestic inflation data, ongoing quarterly earnings from corporates and global trends this week, analysts said. News flows around the general election would also be tracked by investors, market experts said.
A total of 4,140 candidates were left in the fray for 288 Maharashtra assembly seats after the deadline for withdrawal of nominations ended on Monday, a poll official said.
'The 2020 assembly election was a Tejaswi Yadav election; whereas this is a Lalu Yadav election. It is his plan.'
Equity markets will take cues from global trends and trading activity of foreign investors, while in the latter part of the week the first quarter earnings from IT majors TCS and HCL Technologies would guide investor sentiments, analysts said. Markets may consolidate after the record rally last week, experts added. "On the domestic front, the Q1 earnings season begins this week. Key companies such as TCS and HCL Technologies will release their earnings on July 11 and 12, 2024, respectively.
The US Fed interest rate decision, domestic inflation data and global trends would be key driving factors in dictating movement in the market this week, as the Lok Sabha elections outcome and the RBI policy decision are behind us, analysts said. The past week was a roller-coaster ride for investors as markets swung sharply in both directions before closing with strong gains.
'The RJD is a family centric party and its top leadership's main concern is only to promote the family.'
The Bharatiya Janata Party announced on Saturday that Navya Haridas, a two-time councillor in the Kozhikode Corporation, will be the National Democratic Alliance candidate for the Wayanad Lok Sabha by-election.
There was a protest in the university demanding Gandhi's resignation as the chancellor and the students decided to walk down to her residence and paste a memorandum demanding her resignation on the door.
Even as parleys continue in both states, the grand old party is expected to contest less than 110 seats in the November 20 polls for the 288-member Maharashtra assembly.
The Reserve Bank of India on Friday retained its projection for retail inflation at 4.5 per cent for the current fiscal assuming a normal monsoon, while emphasising that uncertainties related to food price outlook warrant a close monitoring. Consumer Price Index (CPI)-based retail inflation has been projected at 4.5 per cent with quarter-wise projections at 4.9 per cent in Q1 (April-June), 3.8 per cent in Q2, 4.6 per cent in Q3, and 4.5 per cent in Q4.
Benchmark Sensex hit the historic 83,000 level for the first time on Thursday and the Nifty settled at a lifetime high after a rally in blue-chip shares, surge in global markets and foreign fund inflows. A sharp fag-end rally drove the 30-share BSE Sensex to the 83,000 level for the first time. The barometer surged 1,593.03 points or 1.95 per cent to hit its lifetime intra-day peak of 83,116.19 in the last hour of trade.
The development came just days after West Bengal Left Front chairman and CPI-M Politburo member Biman Bose in a change of stance had said the party is ready to join hands with Trinamool Congress to fight the BJP at the national level.
Although the company has shown willingness to talk to its workers and accept their key demands, it is CITU that is causing a roadblock to a solution.
Former West Bengal chief minister and a front-ranking Marxist leader Buddhadeb Bhattacharjee will go down in the country's history as a pragmatic communist who kept aside his ideological convictions to woo capital for the industrialisation of his state.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances