Defending the liquor ban in Bihar, he said that the state's prohibition policy has benefitted several people and a large number of people have given up drinking alcohol due to his measures.
Investors became poorer by over Rs 4.47 lakh crore on Friday as markets faced severe drubbing, mirroring weak trends in global equities. The 30-share BSE benchmark dived 866.65 points or 1.56 per cent to settle at 54,835.58. During the day, it tumbled 1,115.48 points or 2 per cent to 54,586.75.
GST rate cut for real-estate, income transfer scheme, farm loan waivers execution and recapitalisation of PSU banks have the potential to boost India's growth in a few months, says Neelkanth Mishra.
Future, even present, wars -- at least those involving such tech giants as China -- include hi-tech battlefields, which a Pakistan-obsessed India has not sufficiently prioritised. Today's generals plan on how to disrupt an enemy city's power supplies, rail networks, airports, ports, and government departments, not just by bombing or torpedoing them; they also examine the option of tripping up the computer networks that run these, notes David Devadas.
Domestic equity markets are in elite company. In May, Indian markets joined select developed markets (DMs) such as the US, UK and Germany to record new all-time highs. Among emerging markets (EMs), Brazil is the other market to have logged new highs this month. Asian peers such as South Korea, Taiwan and New Zealand are currently between 2 per cent and 10 per cent below their previous highs made earlier this year. The domestic markets were among the worst-performing major global markets in April amid a lethal second-wave of covid-19 infections.
If Kerala wants to sustain its room for independent thinking and talk back to Delhi when needed, it should put its finances in order. Or - if one takes the North East example - Kerala's political posturing may end up commensurate with its financial dependence on others, suggests Shyam G Menon.
It is the season of cooking and baking, but with Amul Butter in short supply, consumers aren't like the cat that got the cream. A shortage only means market shelves without butter on them. "There is a supply-side deficit. "We are now able to procure only two packs of butter a day, as opposed to three packs (each containing 30 packets of butter) in a day," says a salesman at Modern Bazaar, a departmental store in New Delhi's Greater Kailash.
Will 2022 be a year of contrasting narratives -- one filled with caution and the other with continued optimism?
After two months of buying, foreign portfolio investors (FPIs) have turned net sellers in October by pulling out Rs 12,278 crore from Indian markets. As per depositories data, FPIs took out Rs 13,550 crore from equities but invested Rs 1,272 crore in the debt segment during October 1-29. The total net outflow stood at Rs 12,278 crore during the period under review.
'When armies start attacking with clubs and batons, then at some point this can take an escalatory spiral and spin out of control.'
Notwithstanding the inflation pinch, analysts believe the Indian retail sector is on the 'cusp of accelerated earnings growth' as consumer sentiment and discretionary purchases bounce back from the Covid-19 pandemic. "The shift in consumer preference from the unorganised sector to the organised, coupled with uptick in domestic demand as people resume work from office, will cheer the Indian retail sector," says Nishit Master, portfolio manager, Axis Securities. Shopping malls are witnessing increased footfall in lower tier towns and standalone stores as consumption picks up and mobility improves.
'Recent underperformance notwithstanding, equities should constitute a major part of investors' financial portfolio.'
Many years during which monsoons were poor saw high returns, while normal or excess rainfall has also coincided with poor calendar year gains.
'An old party like the Congress cannot rely solely on the prescriptions of a 'Doctor' whose motives and intentions are still unknown and that he does not look attached towards any party or ideology,' point out Sunil Gatade and Venkatesh Kesari.
Analysts expect the central bank to remain watchful of inflation.
The sharp correction in equity markets has taken a toll on mid-and-small cap stocks that have underperformed their large-cap peers. Thus far in calendar year 2022 (CY22), the mid-and-small cap indexes on the BSE have slipped over 8 per cent and 7 per cent respectively, as compared to a fall of around 6 per cent in the S&P BSE Sensex. While investors dumped mid-and small-cap stocks as the markets remained choppy over the past few weeks, analysts still expect these two segments to see good investor interest from a medium-to-long term perspective.
'BJP and Modi are confident they will win the 2024 election.'
'There will be very strong interest in cooperating with India under any future American administration, but on the margins India will need to be careful not to tip its hand regarding the election.'
Jaishankar said his father was also a very upright person, "may be that caused the problem, I don't know".
The onus today is on China, but it also requires a little diplomatic finesse from India, backed by a modernised armed force, argues BJP MP Subramanian Swamy in this excerpt from his new book, Himalayan Challenge: India, China And The Quest For Peace.
Equity benchmarks extended their decline for the fourth straight session on Wednesday, with the Sensex falling 214.85 points after the Reserve Bank raised the key interest rate by 50 basis points. Continuous foreign fund outflows and surging crude oil prices also weighed on markets. The 30-share BSE benchmark dropped 214.85 points or 0.39 per cent to settle at 54,892.49.
Investors have gained Rs 335,770.71 crore in two days of market rally, with the Sensex scaling its fresh lifetime peak on Wednesday. Rising for the second day, the 30-share BSE benchmark jumped 476.11 points or 0.82 per cent to close at its new all-time high of 58,723.20. During the day, it gained 529.97 points to 58,777.06, its intra-day record.
Measure each word you utter in public, advises Virendra Kapoor.
Historically, overall credit has grown at 1.6 times GDP growth
A party without a 'high command' would be 'anarchy,' he said.
'It's a very tough situation. We're talking to India. We're talking to China. They've got a big problem there'
"Remembering my friend, Arun Jaitley Ji on his birth anniversary. His warm personality, intellect, legal acumen and wit are missed by all those he closely interacted with. He worked tirelessly for India's progress," Modi tweeted.
Party leaders list three clear positive outcomes -- an activated Congress which has hit the ground running leaving the past inertia behind, an interactive top brass which is directly engaging the people, and a mobilised organisation which was dormant for many years.
Foreign portfolio investors (FPIs) were net buyers to the tune of Rs 16,459 crore in Indian markets in August, with majority of investment coming in the debt segment. In equities, they invested just Rs 2,082.94 crore while debt segment saw inflow of Rs 14,376.2 crore between August 2-31, depositories data showed. The quantum of investment in the debt segment is highest in this calender year so far.
Both Mahinda Rajapaksa and Modi have learnt from their past mistakes. Modi has understood that Rajapaksa is a 'forever politician' that India has to live with, observes Ambassador M K Bhadrakumar.
In an interview to NDTV, as results continue to come in for the assembly elections, Kishor, who has been helping Mamata in West Bengal, said it was a tough fight.
China has chosen to keep New Delhi guessing, while retaining for itself the option of constantly changing facts on the ground and shifting the LAC westwards -- the strategy called 'salami slicing', notes Ajai Shukla.
Bihar Chief Minister Nitish Kumar on Wednesday called for a "main front" of all non-BJP parties to take on the ruling alliance in the 2024 Lok Sabha polls and asserted that the decision on its leadership can be taken later.
Ahead of a likely organisational and government reshuffle in Punjab, Congress leader Rahul Gandhi on Tuesday met poll strategist Prashant Kishor at his residence.
Ramesh sought to uphold the "prominence" of the Nehru-Gandhi family in the organisational matters in any sort of emerging situation.
From Narendra Modi's victory in 2014 to the Nitish-Lalu triumph in 2015 and delivering Assam to the BJP in 2016, young and very professional strategists have startled politicians and the media.
Thus far in FY21, BSE, NSE have rallied 70 per cent and 71 per cent, respectively.
Infosys was the top gainer in the Sensex pack, rising over 2 per cent, followed by Bajaj Finance, HCL Tech, Tata Steel, Tech Mahindra and NTPC. On the other hand, Maruti, Sun Pharma, HUL and ITC were among the laggards. Nifty rose 122.15 points to 17,343.55.
Equities went into a tailspin on Wednesday after the Reserve Bank surprised the market with a mid-cycle rate hike in a bid to tame soaring inflation.
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