The stock market barometer the Sensex is set to touch 19,000-mark by June from the present 17,500 levels, in spite of the decline in the overall business confidence, says a JP Morgan survey.
Both Khera and Suman joined the saffron at its headquarters in Delhi in the presence of senior leaders, including BJP national general secretary Vinod Tawde and national media department in-charge Anil Baluni.
The report indicates that the miscreants forcibly entered her house and physically assaulted her. Shockingly, they also snatched her infant daughter and callously threw her away, the commission said.
The Rajya Sabha chairman asked him to authenticate his assertions and refused to accept newspaper clippings that the Congress leader showed to buttress his points.
Ahead of the crucial floor test of the newly elected Nayan Singh Saini-led Bharatiya Janata Party government in Haryana, Jannayak Janta Party (JJP) has issued a whip to its MLAs to remain 'absent' from the state assembly at the time of voting on Wednesday.
As a first step, the company has sponsored a Bloomberg news terminal at the Indian Institute of Management Ahmedabad.
While BJD leaders held a marathon meeting at Naveen Niwas, the residence of Chief Minister Naveen Patnaik, in Bhubaneswar on Wednesday, the BJP leaders had a similar meeting in the national capital, discussing election matters, including a potential alliance.
Anil Ambani-led company Reliance Communications appointed JP Morgan as the merchant banker on Monday to look for strategic buyers for its wholly-owned tower subsidiary Reliance Telecom Infrastructure Ltd.
Neglect of older dedicated workers who worked without the urge for recognition by the new age social media-aided selfie powered activists was also evident in the poll results, it said.
The Election Commission Wednesday directed the leaders of the ruling Bharatiya Janata Party to refrain from making speeches on religious and communal lines, and opposition Congress from potentially divisive statements on the socioeconomic composition of the armed forces.
Polling is scheduled in all 13 seats of Punjab and four of Himachal Pradesh, 13 constituencies in Uttar Pradesh, nine in West Bengal, eight in Bihar, six in Odisha and three seats in Jharkhand besides Chandigarh.
The party prayed for the removal of the advertisement and action against its authors and publishers.
He died at AIIMS in New Delhi at 9.45 pm, hospital sources said.
'India's fundamentals are a lot better (than those of other emerging market economies).' 'India will suffer (witness a fall in its stock market) what I call the second order effect.' 'And the second order will happen when these funds (belonging to macro and hedge fund investors and which have leveraged Japanese yen-carry trades), because they lose money elsewhere as lot of their positions were financed by borrowing Japanese yen, will have to book profits in investment destinations where they are making money, including in markets like India.' 'They (these investors) will have to effectively sell in countries like India and which is the consequence (the crash in equity markets) that Indian markets might see.'
Foreign portfolio investors' (FPIs') net investments in the domestic debt market surged in December, marking a 77-month high, that is, since July 2017. According to market participants, this significant uptick in FPI inflows can be attributed to the post-domestic policy outcome and the US Federal Reserve's dovish stance at the December policy. FPI inflows into debt stood at Rs 18,393 crore in December against Rs 14,106 crore in November, according to data on the National Securities Depository Limited.
The meeting, which began around 10:30 pm on Thursday, lasted for more than four hours and was held at the party's headquarters in New Delhi.
Oravel Stays, the parent company behind the travel tech brand Oyo, is eyeing to clock Rs 100 crore in Q4FY24 profit after tax (PAT) and a 20 per cent revenue growth for FY24, according to informed sources. These numbers were part of an internal review meeting between founder Ritesh Agarwal and senior management earlier this week, where he spoke about the company's profitability trajectory and growth in business.
To ensure immediate cooling of the body, the hospital has set up a first-of-its-kind heatstroke unit.
Some newly elected Bharatiya Janata Party MLAs met former Rajasthan chief minister Vasundhara Raje at her Civil Lines residence on Sunday, amid suspense over whom the party will pick for the chief ministerial post in the state.
The jan man survey seeks the people's response on various aspects of governance and leadership and its questions include both central-level development and specifics related to the user's constituency.
Market participants attribute the stability to the Reserve Bank of India's timely intervention in the foreign exchange market, both in terms of selling and buying dollars.
Despite the robust growth in this country, Apple's India share in its overall global sales remained modest -- constituting 1.5 per cent of its overall turnover of $389 billion in FY23.
With India's inclusion in global bond indices starting next financial year, the central government believes there will be greater scope for shifting to borrowings via long-term government securities (G-sec) from short-term instruments. This change may be factored into the FY25 interim Budget. "While this has been our focus, the inclusion of India in global bond indices gives us the opportunity to accelerate the shift towards longer tenure G-secs," an official said, requesting anonymity.
Singh had fought the 2019 Lok Sabha election unsuccessfully from the South Delhi constituency as a Congress candidate.
The ruling BJP's income forms 76.73 percent of the total income of the six national parties during FY 2022-23, it said.
Even though investment sentiment is dampened by the worsening macroeconomic factors, investors are optmistic.
The 77-year-old former Congress president is set to enter the Upper House for the first time from Rajasthan.
With the party fielding three Union ministers, besides four other MPs, as candidates in the Madhya Pradesh assembly polls, it may continue with the strategy in Rajasthan.
JP Morgan has reiterated its negative stance on Indian information technology (IT) services and downgraded the sector to underweight (neutral earlier post Q4-FY23 numbers), as it believes the overall demand environment for the sector still remains weak. The research firm expects most companies in the sector to disappoint while announcing their first quarter numbers for the current fiscal (Q1-FY24). Among stocks, it has placed Infosys, TCS, MphasiS in its 'negative catalyst watch'.
It hopes to attract billions of dollars in investment by this move, and may ease some restrictions on foreign inflows.
Tandon, son former Chhattisgarh governor late Balramji Das Tandon, assured everyone that he will live up to the expectations and the trust which the BJP has reposed in him.
FIIs have been strong buyers of shares since last year until a recent streak of selling.
Sinha said that he was not invited for "any party events, rallies or organizational meetings".
'Today, the BJP is using power in such a manner that they not only crush the Opposition, but even their own supporters can't rebel.'
Talks on pre-poll alliance were being held between the ruling Biju Janata Dal and the opposition BJP for the past few days.
Signalling both change and continuity, India's new government, headed by Prime Minister Narendra Modi for a third consecutive term, got into work gear on Tuesday with cabinet ministers and ministers of state filing into their respective offices to assume charge.
The biggest challenge will be to convert his regime into a coalition of minds. But given the fact that he is instinctively an authoritarian leader and supporter of the hard Hindutva line, the survival of his government will depend on his ability to balance between his heart and mind, between instinct and pragmatism, asserts Nilanjan Mukhopadhyay, author of Narendra Modi: The Man, The Times.
Citing a number of factors, including historic valuations, expectations for monetary stimulus, lower oil prices, and a weak rupee, the investment bank said it is 'overweight on private banks, IT services, and health care, but is underweight on consumer discretionary, energy and materials'.
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