Despite the rally in equities over the last few years, India, according to Christopher Wood, global head of equity strategy at Jefferies, is still in early stages of an equity cult. Any changes to the capital gains tax for equities - both long-term and short-term - in Budget 2024 scheduled to be announced on July 23, he believes, can trigger a bigger correction that what the markets witnessed post the Lok Sabha election outcome on June 4 that saw the Bharatiya Janata Party (BJP) lose majority, though it was able to form the government with the help of coalition partners.
'The conspiracy is to end India's entrepreneurship culture even before it fully blooms.' 'Negativity is being spread in society towards all those who do business, and this hatred for business and wealth creators is spilling everywhere.'
'The political situation in the country will depend on the electoral outcome in Maharashtra.'
Few finance ministers announce any taxation measure that could upset the stock market. Ms Sitharaman decided to take that risk, observes A K Bhattacharya.
'Voters from the forward castes voted for JD-U because they feared Laloo Yadav's return, but since that fear is no longer there they may not see the need to vote for Nitish Kumar anymore.'
The identity of the informant shall be kept a secret, it said.
According to the National Democratic Alliance sources, the new government may allot five to six ministerial berths to the allies Janasena and Bharatiya Janata Party.
"Special circumstances" exist in Punjab, Wasnik said and added that in view of these, the AAP and the Congress have decided to fight the Lok Sabha polls separately in the state.
Lovely hailed the BJP leadership, including Prime Minister Narendra Modi, for giving him and his colleagues the opportunity to join the party when they felt lost.
'Till a few years ago, girls wouldn't take an autorickshaw alone. Now, things have improved.'
A voter turnout of 10.82 per cent was recorded till 9 am on Saturday in 58 constituencies in six states and two Union territories where polling is underway in the sixth phase of the Lok Sabha elections.
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.
Make time for this one, you will be in for a pleasant surprise like I was, endorses Mayur Sanap.
The states and union territories where the elections are being held in this phase are Assam (4), Bihar (5), Chhattisgarh (7), Dadra and Nagar Haveli and Daman and Diu (2), Goa (2), Gujarat (25), Karnataka (14), Maharashtra (11), Madhya Pradesh (8), Uttar Pradesh (10) and West Bengal (4). The BJP has bagged the Surat seat unopposed.
Kolkata hangs its head in shame as the hope of a government with a moral compass and a heart in the right place recedes into the distance, notes Payal Singh Mohanka.
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.
He was trolled during the Lok Sabha poll campaign, but despite the tactics by his rivals, action hero Suresh Gopi rose to national stardom in cinema style on June 4, winning the Thrissur seat on a BJP ticket and scripting history for the saffron party in Kerala.
Gopi defeated Communist Party of India leader VS Sunilkumar in an exciting fight.
Kashyap, who is currently out on bail, joined the BJP in the presence Anil Baluni, its national media department in-charge, and co-in-charges Sanjay Mayukh and Manoj Tiwari. His mother was also present during the joining programme in the national capital.
Responding to Arvind Kejriwal's recent announcement of ten guarantees to the people, Amit Shah said the AAP leader's comments need not be taken seriously as the party is contesting only 22 Lok Sabha seats.
The leaders of the two parties discussed the possibilities of seat sharing but did not divulge any details.
A Congress source termed the process of drafting and presenting of the Bill before the state cabinet on Monday as a "unilateral" effort by the chief minister's office and ministers that are close to him.
The worker's sample was sent for testing on April 18. His result came positive on April 20. The worker had visited the RML Hospital for check up after he felt chest pain about 10 days back, but was discharged the same day.
Bansuri Swaraj, the daughter of former Union minister Sushma Swaraj, will contest the upcoming Lok Sabha polls from the New Delhi seat and incumbent MP Manoj Tiwari from Northeast Delhi as the Bharatiya Janata Party on Saturday announced the names of five candidates from the national capital, dropping four MPs -- Meenakshi Lekhi, Harsh Vardhan, Parvesh Verma and Ramesh Bidhuri.
It also saw the suspension of 100 members in a span of four days for unruly conduct and a major security breach on the anniversary of the 2001 Parliament terror attack.
'Rishabh Pant is batting... running,' confirms Delhi Capitals co-owner Parth Jindal
Delhi Chief Minister Arvind Kejriwal mounted a blazing campaign in the hot summer after he was released from the Tihar jail on interim bail on May 10, drawing huge crowds at rallies and roadshows, but it proved insufficient to propel his Aam Aadmi Party past the Bharartiya Janata Party challenge in the national capital.
The situation in Jainoor town in Kumuram Bheem Asifabad district remained peaceful on Thursday a day after a protest by tribal organisations against an autorickshaw driver's alleged attempt to rape and murder a tribal woman sparked communal tension prompting authorities to impose a curfew.
Raising slogans of 'Inquilab Zindabad' and 'Kejriwal Zindabad', Aam Aadmi Party workers and leaders reached the area's metro station in groups, with the party calling for a march to Prime Minister Narendra Modi's residence on Lok Kalyan Marg for a 'gherao'.
Asserting that her government has zero tolerance to incidents of rape, West Bengal Chief Minister Mamata Banerjee on Wednesday said an amendment to existing laws will be passed in the state assembly next week to ensure capital punishment to convicted rapists.
Political observers lauded the SP's choices in fielding several non-Yadav and Scheduled Caste candidates, the party's alliance with the Congress, and Rahul Gandhi's campaign around the danger to the Constitution if the BJP won a big majority.
After joining the Congress, Rahul Kaswan said he felt his "voice was not being heard" in the party.
'The Congress in the past backed the demand, but will not support it now since the SP opposes any division of UP.'
What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister and finance minister, he understood the importance of gradualism, except when the economy or the polity was in a crisis.
According to an Andhra government statement, Naidu 'reposed confidence' in the PM's leadership.
There is no use of the BJP targeting the likes of Mamata Banerjee and M K Stalin, directly by the party's political bosses, both in Delhi and the respective state capitals, or even using the Raj Bhavans to fire those salvos from. Successive elections have proved that it's counter-productive, if anything. But the BJP is yet to understand it, acknowledge it, points out N Sathiya Moorthy.
Highlights of the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman in Lok Sabha on Tuesday.
'Those betting against PSUs will likely be punished in this upswing.'
There was an 8% decline in the BJP's vote share across six regions in UP, and that some OBC castes moved away from the BJP.
Both candidates have shifted from their traditional constituencies - Sadhotra from Marh and Sharma from Akhnoor - after these two segments were reserved for Scheduled Castes.
