Global rating agency Fitch on Thursday affirmed India's 'BBB-' rating with a stable outlook on strong growth outlook and fiscal credibility. Fitch said India is set to remain among the fastest-growing sovereigns globally with GDP growth of 7.2 per cent in the current fiscal year and 6.5 per cent in FY26, down from 8.2 per cent in FY24. "Fitch Ratings has affirmed India's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-' with a Stable Outlook," the global rating agency said in a statement.
Despite the upbeat statement, the party is expected to reflect on what caused the sharp fall in its numbers. It is expected to win about 240 seats against the 303 it had won in 2019.
Shiv Sena-Uddhav Balasaheb Thackeray chief Uddhav Thackeray on Friday said he will back any candidate announced by the Congress and Nationalist Congress Party-Sharadchandra Pawar as Maha Vikas Aghadi's chief ministerial face.
The two-wheeler segment has shown signs of recovery in the first half (H1) of calendar year (CY) 2024, largely driven by improving performance in rural areas. According to the Federation of Automobile Dealers Associations, rural contribution to two-wheeler sales surged by 57-60 per cent in the April-June quarter of 2024-25, indicating a rising demand in these regions. Experts believe that this trend will continue, supported by a favourable monsoon season and government initiatives aimed at rural development.
'Just because the NDA has a majority and the BJP is the single largest party does not mean that this Modi government enjoys a majority in the Lok Sabha.' 'It is always possible that some members (of the NDA and even the BJP) may defect, some members may not want him to be the prime minister and they might vote differently (against Modi) in the confidence vote.'
Former US President Donald Trump addressed his supporters on Wednesday, thanking them for giving Republicans an unprecedented and powerful mandate, and said this moment will help the country "heal".
Voting for this crucial phase, covering 40 assembly segments across seven districts -- Jammu, Udhampur, Samba and Kathua in the Jammu region and Baramulla, Bandipora and Kupwara in north Kashmir -- is scheduled for October 1.
'I hope that Macho Man agrees to debate her, because I think she will do spectacularly well in the debate.'
Incidentally, 164 of the total 356 candidates in the fray from the 43 assembly seats of Jammu region got less votes than none of the above, which gives an option to voters to reject all candidates in a constituency.
The Congress leadership has also asked its leaders not to make any public statements on sensitive issues.
The new faces in the 12-member cabinet, which includes the chief minister, are Congress's Jamtara MLA Irfan Ansari, Mahagama MLA Deepika Pandey Singh and JMM's Latehar MLA Baidynath Ram.
Congress leader Kumari Selja ruled out the possibility of an alliance with the AAP for the Haryana assembly polls.
All eyes are now on the Sena factions, led by CM Shinde, backed by the BJP, and his predecessor Uddhav Thackeray, and their performance in the coastal belt in the November 20 polls.
The record lies with first prime minister Jawaharlal Nehru who did the honours 17 times from 1947 to 1964.
'Any finality in such matters requires political views. We will review it closer to the full Budget.'
The strong message from the prime minister is of continuity of policies he considers right with strong emphasis on execution, points out T N C Rajagopalan.
Manoj Tiwari is the only sitting MP whom the BJP has retained.
Samajwadi Party chief Mulayam Singh Yadav on Sunday said the era of one-party rule was over and the future belongs to coalition governments.
In the event of the BJP's poor performance in the assembly polls this year and in early 2025, Modi's hold will get further weakened because he will no longer remain the invincible electoral persona tightly controlling the machine at his disposal, asserts Nilanjan Mukhopadhyay.
India and Canada have mutually beneficial political and economic linkages. The two countries should get together and find a solution. The expulsion war should, in the meantime, be a guarantee against any deterioration of the situation, asserts Ambassador T P Sreenivasan, the first Indian head of mission to be ever expelled by any country.
If the BJP gets only 200 seats and wants to remain in power, Modi will have to make way -- either for a proxy of his choice, or for an internal rival, predicts Nilanjan Mukhopadhyay.
Modi can abandon the path of Hindutva only at risk to his position within his own fraternity. But if he pursues a hard line, he faces the risk of being hauled up by his coalition-partners. For the first time in a decade, Modi is not in enviable situation, observes Nilanjan Mukhopadhyay.
The Nationalist Congress Party on Sunday turned down the Bharatiya Janata Party's offer to accommodate Praful Patel as a minister of state with independent charge in the new National Democratic Alliance government and said it was assured that 'remedial measures' would be taken.
The Congress on Monday dismissed Samajwadi Party supremo Mulayam Singh Yadav's view that coalition politics has come to stay in the country, saying he has not said "something new" and the party is not "bothered."
Politely decline to be prime minister, and hand the baton to someone else in the BJP -- like Sonia did to Manmohan Singh -- advises Krishna Prasad.
Ajit Pawar also said he was "not interested" in contesting elections anymore.
'China is struggling to get out of its property bubble.' 'Japan took 35 years to walk out of its equity bubble.' 'Bubbles can be difficult to forecast.'
The Opposition on Tuesday termed the Union Budget as a 'kursi bachao budget' driven by political compulsions and claimed that it ignored opposition-ruled states in a bid to 'appease' Bharatiya Janata Party's allies.
Khamenei captioned the post as 'Victory from God and a near conquest...' In another post, he said, 'The strikes of the resistance front on the worn-out and decaying body of the Zionist regime will be more striking.'
'Just think about it. She's a prosecutor, he's a convicted felon. I love that juxtaposition.' 'She's a woman, and she's black and South Asian. He's a white guy who grew up with enormous [wealth].' 'She grew up in a very average, lower middle class/middle class kind of setting with a single mother.'
There was no progress in the formation of a new coalition government in Pakistan on Tuesday as top leaders of the Pakistan Muslim League-Nawaz (PML-N) and the Pakistan Peoples Party (PPP) failed to agree on a power-sharing deal in their latest round of talks, indicating deepening fissures in the country's political landscape.
'Nitish may take such a decision because he was the first person who was with the INDIA front.' 'He went back only because he did not get proper encouragement from the Congress.' 'Nitish will take a decision provided there is a strong alternative.' 'If he feels ours is a weak coalition, he will not come.' 'Then, this government will continue for five years.'
One person was shot dead in his sleep while four others were killed in subsequent exchange of fire between armed men of two warring communities, a police officer said.
The statements the separatists make, the abominable tableaux at their parades, the slogans, posters, and selfies with assault rifles are not India's problem. If they are a nuisance, it should bother their host countries, because they are armed and have their own underworld with deadly gang rivalries. Significantly, none of this happens in the US -- only in snowflaky Canada, points out Shekhar Gupta.
The legislators landed at the Birsa Munda Airport in Ranchi in a chartered flight and were taken to the Circuit House in the city in two buses.
According to the Election Commission data, 30 out of the state's 40 Lok Sabha seats went to the BJP-led coalition in the latest elections, a sharp drop compared with 39 in 2019 and lower than the tallies of 2014 (31) and 2009 (32).
'Someone who cannot even take his cabinet into confidence, how will he take the NDA alliance into confidence?'
In a breakthrough that could end the political uncertainty in Pakistan, the Pakistan Muslim League-Nawaz and the Pakistan Peoples Party have agreed on a power-sharing deal to form a new coalition government after intense negotiations following a fractured poll verdict.
The BJP losing its outright majority and relying on allies to form a government could pose challenges for the more ambitious elements of reform agenda like land and labour, Fitch Ratings said in a note on Wednesday. Prime Minister Narendra Modi-led BJP lost its majority for the first time since 2014, winning 240 seats in the 543-seat Lok Sabha.
In a video statement, the Congress parliamentary party chief also asserted this Lok Sabha election is being fought on issues such as unemployment, inflation and attack on constitutional institutions.
