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.
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.
Priyanka's victory seems assured, but the broader implications for Kerala's political landscape and South Indian politics remain to be seen.
"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.
The Kerala High Court has ordered a further probe into an allegation that state Fisheries Minister Saji Cherian insulted the Constitution in a speech in July 2022. The court found that Cherian's words, including 'ideal Constitution to loot the people', and the use of certain Malayalam terms, could be interpreted as disrespectful to the Constitution. The court also criticized the initial investigation, finding it insufficient and biased, and directed the State Crime Branch to conduct the further probe.
'The RBI's MPC will maintain the current policy rates (6.50%) at the policy meeting, given ongoing inflationary pressures.'
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.
The Supreme Court has sought details from the Allahabad High Court regarding controversial statements made by Justice Shekhar Kumar Yadav at a VHP function. The development comes amid calls for action against the judge for his remarks, which have been labeled as hate speech by some. The judge's statements were made at a VHP function on December 8, where he spoke about the Uniform Civil Code and the law working according to the majority. Several individuals and organizations, including lawyer Prashant Bhushan and CPI(M) leader Brinda Karat, have called for an inquiry into the judge's conduct and for his removal from judicial duties.
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.
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 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.
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.
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.
An agitated Congress condemned the anti-party act of Thomas and said he will face stern action for violating the order of the high command.
Opposition unity in the form of an alliance of all major opposition parties cannot be forged at the national level, the Communist Party of India-Marxist has said, adding that it can be gained only by adopting a joint stand on important political issues.
The exchange of fire took place at around 6.45 am in the forest area of Mothe village under Karakagudem police station limits.
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 2020 assembly election was a Tejaswi Yadav election; whereas this is a Lalu Yadav election. It is his plan.'
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 sudden surge in political attacks in Bihar has stunned leaders of both the ruling National Democratic Alliance and the Opposition Mahagathbandhan.
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.
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.
A recent interfaith marriage of a Muslim activist of the ruling Communist Party of India-Marxist's youth wing DYFI, has stirred up a political storm after the relatives of the Christian bride alleged "love jihad", with a senior left party leader supporting the charge, only to retract his statement later.
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.
The Opposition Congress alleged that the blast, which occurred around 1 am according to the police, happened during the manufacturing of country-made bombs by some CPI-M supporters.
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.
Retail inflation eased to an 11-month low of 4.83 per cent in April as prices of some kitchen items declined though overall food basket firmed up marginally, according to a government data released on Monday. The Consumer Price Index (CPI)-based retail inflation was 4.85 per cent in March. It was 4.7 per cent in April 2023.
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 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.
'The Kerala BJP leadership is doing the job of clerical staff. What the boss orders, they just follow them.'
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.
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.
After they met in New Delhi on Wednesday, June 5, 2024, INDIA bloc leaders decided to sit in the Opposition for now...
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.
The Rashtriya Janata Dal, which had suffered decimation in the last general elections, was leading in five seats, out of 23 where it had fielded candidates.
'The RJD is a family centric party and its top leadership's main concern is only to promote the family.'
'Logic, Research, Science Are Modi Government's Limitations.'
The feisty TMC boss also accused the CPI-M of ruining her party's relationship with the Congress, its ally in the Opposition bloc INDIA at the national level.
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