News for 'Lower House'

Jolt to AAP as its lone Lok Sabha MP joins BJP

Jolt to AAP as its lone Lok Sabha MP joins BJP

Rediff.com28 Mar 2024

The Aam Aadmi Party's MP and lone Lok Sabha member Sushil Kumar Rinku joined the Bharatiya Janata Party on Wednesday along with party MLA Sheetal Angural, dealing a blow to the party already facing a crisis following the arrest of its leader and Delhi Chief Minister Arvind Kejriwal.

Shah meets Maharashtra allies amid differences over seats

Shah meets Maharashtra allies amid differences over seats

Rediff.com9 Mar 2024

Union Home Minister Amit Shah held discussions for seat sharing in Maharashtra for the upcoming Lok Sabha elections with coalition partners Shiv Sena chief Eknath Shinde and Nationalist Congress Party president Ajit Pawar.

'Such A Tragedy Has Never Happened In Kerala'

'Such A Tragedy Has Never Happened In Kerala'

Rediff.com31 Jul 2024

'People were asleep when they heard a loud noise and then a huge deluge of water accompanied with boulders and trees hit their homes.' 'Locals say around 400 houses have totally vanished in the landslide and floods.'

Will take sides, won't let 'Miya' take over Assam: Himanta

Will take sides, won't let 'Miya' take over Assam: Himanta

Rediff.com27 Aug 2024

Replying to the motion, he said the crime rate has not increased if the population growth is taken into account.

Rs 32,619 cr and rising: India Inc back with overseas bonds in 2024

Rs 32,619 cr and rising: India Inc back with overseas bonds in 2024

Rediff.com25 Jul 2024

Overseas fundraising by Indian firms is experiencing a robust revival in 2024, following a lacklustre 2023. This resurgence is primarily driven by strong demand for high-yield bonds from international investors amid improving liquidity conditions and reduced hedging costs. Indian companies raised ~32,619 crore through overseas bonds in the first half of 2024, surpassing the total amount raised via such instruments in the entire 2023, which stood at ~31,218 crore, according to PRIME Database. In comparison, ~45,237 crore was raised in 2022 and ~1.05 trillion was secured in 2021.

Manipur issue continues to rock Lok Sabha, 2 bills passed

Manipur issue continues to rock Lok Sabha, 2 bills passed

Rediff.com28 Jul 2023

Lok Sabha proceedings were adjourned for the day on Thursday after passage of two bills amid continuous protests by opposition members over the violence in Manipur.

Republicans gain control of US House of Representatives

Republicans gain control of US House of Representatives

Rediff.com17 Nov 2022

Donald Trump's Republican Party has wrested control of the 435-member United States House of Representatives from the ruling Democratic Party with a razor-thin majority, setting the stage for a showdown with Joe Biden in the next two years of his presidency.

Strong traction from new launches a positive for top realty players

Strong traction from new launches a positive for top realty players

Rediff.com1 Oct 2024

The national real estate market presents an intriguing picture. Lower volumes and flat pricing serve as dampeners. Sales bookings across the top ten markets have seen 6 per cent growth year-on-year (Y-o-Y) between April and August 2024, but sales volume is down 8 per cent Y-o-Y. Unsold inventory is up.

Govt should give cheaper loans to spur affordable home sales: Naredco prez

Govt should give cheaper loans to spur affordable home sales: Naredco prez

Rediff.com28 Aug 2024

The government should provide home loan up to 25 lakh at a lower interest rate of 5 per cent to the people of the middle class, a prominent realtors' body appealed to the government against the backdrop of soaring home prices. G Hari Babu, president of the National Real Estate Development Council (Naredco), in an online interaction with Business Standard, said that the middle class in India accounts for roughly 30 per cent of the total population and is dependent on rental accommodation.

Why Is Maharashtra An Underperformer?

Why Is Maharashtra An Underperformer?

Rediff.com23 Nov 2024

'Why has Maharashtra slipped up over the past couple of decades?' 'Not only is this question critical for residents of the state, but given that it accounts for 14% of India's GDP, a faster-growing Maharashtra implies a faster-growing India as well, point out Shishir Gupta and Rishita Sachdeva.

Why did Joe Biden wear a 'TRUMP 2024' hat?

Why did Joe Biden wear a 'TRUMP 2024' hat?

Rediff.com12 Sep 2024

United States President Joe Biden, while commemorating the 23rd anniversary of 9/11 terror attacks at a fire station, donned a red hat that read 'TRUMP 2024', a gesture the White House has termed a show of bipartisan unity.

Global Chess League: Players embrace 'franchise' format

Global Chess League: Players embrace 'franchise' format

Rediff.com4 Oct 2024

Five-time world champions Viswanathan Anand and Magnus Carlsen played out a draw in the top duel of the opening day as the second edition of the Global Chess League began with players from around the world squaring off in London on Thursday.

Is This What India Will Spend On Defence?

Is This What India Will Spend On Defence?

Rediff.com24 Jul 2024

Going by this Budget's estimate of government spending of Rs 48.2 trillion, the government has allocated a significantly lower percentage to defence -- 12.9 per cent.

'Ratan Made You Feel Special'

'Ratan Made You Feel Special'

Rediff.com11 Oct 2024

'He had a lovely, lovely, sense of humour, very subdued and very, very subtle, but it was very, very, prominent.'

Channi's reference to Amritpal triggers row in LS

Channi's reference to Amritpal triggers row in LS

Rediff.com25 Jul 2024

The Lok Sabha was adjourned twice in the post-lunch period on Thursday as a war of words broke out between the treasury and opposition benches, triggered by Congress MP Charanjit Singh Channi's spat with the Bharatiya Janata Party's Ravneet Singh Bittu.

Cong dares govt to screen 'Jawan' in new Parl building after 'Gadar 2'

Cong dares govt to screen 'Jawan' in new Parl building after 'Gadar 2'

Rediff.com10 Sep 2023

Sunny Deol-starrer Gadar 2 was screened for all Lok Sabha members over three days starting August 25, marking the first time that a movie screening was arranged in the Parliament.

12 industrial smart cities - A vital cog in India's development journey

12 industrial smart cities - A vital cog in India's development journey

Rediff.com13 Sep 2024

Given the high priority accorded to the manufacturing sector, several policy initiatives around the theme of Atmanirbhar Bharat have been set in motion to address its competitiveness and growth. Some notable examples include the PLI scheme and the employment-linked incentive scheme announced in the recent Union Budget. The Budget also announced the setting up of 12 industrial parks under the National Industrial Corridor Development Programme (NICDP).

JD-S, BJP distance themselves from Prajwal Revanna obscene video row

JD-S, BJP distance themselves from Prajwal Revanna obscene video row

Rediff.com29 Apr 2024

Some explicit video clips allegedly involving Prajwal had started making the rounds in Hassan in recent days.

The Garbage Collector Whose Book Is Taught At Uni

The Garbage Collector Whose Book Is Taught At Uni

Rediff.com1 Oct 2024

'Not even in my wildest dreams did I think I would write a book one day.'

BSE 100 companies boost R&D, innovation challenges persist

BSE 100 companies boost R&D, innovation challenges persist

Rediff.com13 Oct 2024

Research and development (R&D) spending by BSE 100 companies has grown steadily, rising from 0.89 per cent of revenue in FY20 to 1.32 per cent in FY24, averaging around 1 per cent over the period in-between, according to data compiled from Bloomberg and company annual reports. Also, these companies more than doubled their R&D spending in absolute terms over these five years: From Rs 25,041 crore to Rs 63,072 crore. While this reflects a prioritisation of innovation, corporate R&D investment remains relatively conservative.

'Middle Class Won't Be Affected By Indexation'

'Middle Class Won't Be Affected By Indexation'

Rediff.com26 Jul 2024

'For me, if I want to buy a house to stay, I don't care about indexation because I don't want to sell that house.' 'The only thing that matters to me as a buyer is that the home price should be within my reach.' 'Any market, when speculators and investors go out, it will benefit the middle class.'

Art 370 repeal, women's quota, security breach among key highlights of 17th LS

Art 370 repeal, women's quota, security breach among key highlights of 17th LS

Rediff.com10 Feb 2024

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.

Shiv Sena to house MLAs in Mumbai luxury hotel ahead of council polls

Shiv Sena to house MLAs in Mumbai luxury hotel ahead of council polls

Rediff.com17 Jun 2022

The Shiv Sena has decided to move its MLAs to a luxury hotel at Powai in northeast Mumbai ahead of the Maharashtra Legislative Council polls, a party leader said on Friday, as the ruling coalition spearhead treads a cautious path after being outsmarted by the BJP in the last week's Rajya Sabha polls.

Why is Wayanad Quiet About Tragedy?

Why is Wayanad Quiet About Tragedy?

Rediff.com13 Nov 2024

There is a definite attempt to put the landslides on the backburner because news of them and climate change worry Wayanad's tourism and real estate businesses greatly. Whatever I experienced of Wayanad's 2024 by-elections; the July landslides were not a burning issue, observes Shyam G Menon.

Income Rise To Boost Household Asset Rebuilding

Income Rise To Boost Household Asset Rebuilding

Rediff.com4 Sep 2024

Households are likely to remain the primary net lenders to the economy in the coming decades.

'Save Democracy': INDIA bloc protests against MPs' suspension

'Save Democracy': INDIA bloc protests against MPs' suspension

Rediff.com21 Dec 2023

INDIA bloc leaders will protest at Jantar Mantar Friday against suspension of MPs and nationwide protests will also be held in all district headquarters against the government's "immoral and illegal" behaviour of this government, the Leader of the opposition in Rajya Sabha said.

Investors should focus on larger cement players as outlook improves

Investors should focus on larger cement players as outlook improves

Rediff.com20 Jun 2024

After some enforced slowdown in offtake during April-May 2024 due to elections, the cement sector is looking at a possible demand rebound which may help it to push up prices. The April'24 offtake was muted while May'24 saw some improvement with a likely 5-6 per cent rise in demand month-on-month (MoM). In June, some price hikes seem to have been taken, which suggests more sustained improvement in demand.

Husband calling wife 'parasite' insult to entire womankind: HC

Husband calling wife 'parasite' insult to entire womankind: HC

Rediff.com24 Sep 2024

The petitioner husband, who was stated to have abandoned his wife and children and was living with another woman, was ordered by the trial court to pay Rs 30,000 per month as maintenance to his wife, along with Rs 5 lakh towards the "injuries" sustained by her, including mental torture, depression and emotional distress.

Lok Sabha cancels disqualification of NCP's Mohammed Faizal

Lok Sabha cancels disqualification of NCP's Mohammed Faizal

Rediff.com29 Mar 2023

The Lok Sabha secretariat on Wednesday restored the membership of Nationalist Congress Party leader P P Mohammed Faizal, who was disqualified from the lower house in January following his conviction in a criminal case with a 10-year jail term.

BJP asks why Rahul didn't open debate on no-trust motion, Cong says...

BJP asks why Rahul didn't open debate on no-trust motion, Cong says...

Rediff.com8 Aug 2023

The last minute decision of the Congress to withdraw Rahul Gandhi's name as the lead speaker on the no-confidence motion in the Lok Sabha led to heated exchanges between the opposition and treasury benches on Tuesday.

'If Annual Income Is Rs 12 Lakh What Will Be Tax Under New Regime?'

'If Annual Income Is Rs 12 Lakh What Will Be Tax Under New Regime?'

Rediff.com30 Jul 2024

rediffGURU Anil Rego answers readers' personal income tax queries.

When Can Speaker Expunge MPs' Remarks?

When Can Speaker Expunge MPs' Remarks?

Rediff.com2 Jul 2024

'Expunging remarks is within the powers of the Speaker.' 'Nobody can question or challenge the Speaker's decision.'

Russia Eyes India To Sell Small Nuclear Plants

Russia Eyes India To Sell Small Nuclear Plants

Rediff.com21 Sep 2024

The major advantages of such plants are no need of land to build the reactors, earthquake resistant, abundance of water for active or passive cooling.

Can't switch off mike: Birla, Dhankhar deny Oppn charge

Can't switch off mike: Birla, Dhankhar deny Oppn charge

Rediff.com1 Jul 2024

Lok Sabha Speaker Om Birla urged MPs on Monday to follow the prescribed format while taking oath or affirmation and not add words as it lowered the dignity of the Constitution.

Why Builders Won't Drop Home Prices

Why Builders Won't Drop Home Prices

Rediff.com12 Jul 2024

'What happens in the real estate market is that once the prices go up it goes on to stay at that level.' 'It might not increase and at the same time the prices will not come down too.'

Ethics panel recommends Mahua's sacking from Lok Sabha

Ethics panel recommends Mahua's sacking from Lok Sabha

Rediff.com9 Nov 2023

The committee headed by Bharatiya Janata Party MP Vinod Kumar Sonkar is meeting later on Thursday to adopt its draft report in what is likely to be hotly contested by opposition members of the panel.

The Perfect Couple Review: Entertaining

The Perfect Couple Review: Entertaining

Rediff.com5 Sep 2024

The Perfect Couple has suspense, humour, romance and gorgeous visuals.

Can Modi 3.0 Ignite Surge in PSU Stocks?

Can Modi 3.0 Ignite Surge in PSU Stocks?

Rediff.com29 Jun 2024

'Those betting against PSUs will likely be punished in this upswing.'

Housing sales may dip if home loan rates rise

Housing sales may dip if home loan rates rise

Rediff.com8 Jun 2022

The RBI's decision to hike the benchmark interest rate will make home loans costlier and affect housing sales, especially in affordable and mid-income segments, according to property consultants. The RBI on Wednesday hiked the key benchmark rate by 50 basis points. Property consultancy firms Anarock, Knight Frank India, JLL India, Colliers India, India Sotheby's International Realty and Investors Clinic said that the RBI's move was on the expected line to control inflation and this would result in an increase in interest rates on home loans.

Trent may replace Bajaj Finserv in Sensex rejig in December

Trent may replace Bajaj Finserv in Sensex rejig in December

Rediff.com24 Sep 2024

Bajaj Housing Finance Ltd's impressive stock market debut has brought cheer to the 100-year-old Bajaj Group, but the conglomerate faces the prospect of Bajaj Finserv being removed from the benchmark Sensex index. According to market expectations, Trent, a Tata group-owned fashion retailer, is likely to replace Bajaj Finserv during the upcoming index rebalancing in December.