'You can be sure that the Pakistanis knew when the Indian Air Force aircraft took off, which type these were, and what their likely targets were.' 'The question was: How would they determine that the IAF wanted to fire, and when to bounce them?', notes Shekhar Gupta.
'Every decision India makes along the LoC, it must also consider implications along the LAC.'
Fund mobilisation by companies through equity and debt routes has dropped 20 per cent in 2022 to nearly Rs 11 lakh crore, as exuberance dwindled this year due to expensive credit avenues and volatile markets. The first half of 2023 could continue to remain challenging. The year 2021 was extraordinary for fundraising from the equity and debt routes, while 2022 has seen a slowdown in capital raising owing to elevated volatility provoked by unprecedented inflation globally and the Russia-Ukraine war.
'Growth, liquidity and deposit mobilisation are likely to be discussed during the interaction.'
A strong dust storm and gusty winds followed by rain hit Delhi-NCR on Friday evening, causing trees to be uprooted in several parts and leading to traffic congestion. Thunderstorms caused power disruptions in several parts of the city, primarily due to trees and branches falling on electricity cables. The India Meteorological Department (IMD) has issued an orange alert, recommending people stay indoors and avoid unnecessary travel.
Members of the opposition escalated their criticism of Yoon, with some threatening to initiate impeachment proceedings against the president.
'Slogans like 'Ek hai toh safe hai' and 'Batenge toh katenge' resonated with voters.'
'Granting the country's highest civilian honour to Prime Minister Modi was surprising as it indicated the government was going out of its way to have India as a close partner.'
'Amaravati will be a game changer for Andhra Pradesh.'
The five initial public offerings (IPOs) that closed on Monday attracted cumulative bids worth Rs 1.4 trillion against Rs 2,909 crore they were looking to raise. These offerings were subscribed between 11 and 195 times. Mamata Machinery, a limited manufacturer of machines used for making plastic bags, saw the highest oversubscription at 195x.
'BSP will remain a player, but only a marginal player, as long as the BJP is extremely dominant in North India politics.'
The situation remained tense but peaceful during the day, amid heavy police deployment in the area.
The 24th CPI(M) Party Congress commenced in Madurai, Tamil Nadu, with interim coordinator Prakash Karat emphasizing the need for Left unity to combat "Hindutva neo-fascism." He criticized the BJP-RSS government, accusing it of representing a "Hindutva-corporate nexus" and displaying "neo-fascist characteristics." Other Left leaders, including CPI general secretary D Raja and CPI(ML) Liberation general secretary Dipankar Bhattacharya, echoed calls for unity and condemned the current political climate in India.
Terrorists opened fire at a popular tourist spot near Kashmir's Pahalgam town on Tuesday afternoon, killing 26 people, mostly holidayers from other states, in what is the deadliest attack in the Valley since the Pulwama strike in 2019.
While data can empower communities, it reinforces identities, making local politics more caste-centric, with decisions increasingly contested on the grounds of representation.
Such dynamics could lead to shifting alliances and, in the worst case, local governance getting paralysed as each group demands proportional power-sharing, explain Amitabh Kundu and Mehebub Rahaman.
'Putin dreams about his legacy. He wants to forcibly restore the Russian empire.' 'Unfortunately, after three years of large-scale war with massive human losses, Putin will not budge from his goal because human life is the cheapest resource in the Russian State.'
Thousands of people gathered in Washington to protest against Donald Trump's policies ahead of his inauguration as the 47th President of the United States. The People's March, a coalition of nonprofit bodies, organized the demonstration to voice their opposition to Trump's policies and values. The protesters, displaying anti-Trump posters and banners, chanted slogans against Trump and his supporters, including Tesla owner Elon Musk. Similar protests, though on a smaller scale, were also held in cities like New York, Seattle, and Chicago.
'Each state is unique, but when it comes to finance, the fundamentals cannot be different.'
More than 150 express/passenger trains running through South Eastern Railway jurisdiction have been cancelled in view of the severe cyclonic storm, an SER official said.
At a time when banks are finding it challenging to mobilise resources, State Bank of India (SBI)-the country's largest lender-has devised a three-pronged strategy to boost deposit accretion. First is an aspirational product that promises to make depositors lakhpatis by helping them grow their deposits to Rs 1 lakh through recurring deposit (RD) schemes.
Despite adverse weather conditions and widespread inundation in affected areas, a total of seven naval rescue teams departed by road for deployment to the Ratnagiri and Raigarh districts on July 22, 2021 from Mumbai, said Indian Navy.
'He was deeply committed to nurturing young talent and encouraging interdisciplinary collaboration.'
Talks on global climate finance virtually ground to a halt last week at COP29, the annual United Nations (UN) Climate Change event in Baku, Azerbaijan, as the developed world, led by the European Union (EU), and developing countries including India, Brazil, South Africa, and a clutch of island nations and African countries faced a wide chasm between their expectations. This has raised doubts about whether an agreement can be reached this week or whether talks will spill over to COP30, to be held next year in Benem, Brazil.
The high-octane campaigning for the February 5 Delhi Assembly elections concluded at 6 pm on Monday, with big guns from all three major parties holding roadshows, public meetings, padayatras and bike rallies in a final push to sway voters. The Aam Aadmi Party remains confident of securing a third consecutive term, highlighting its governance record and welfare schemes. The Bharatiya Janata Party (BJP), aiming to reclaim power in Delhi after more than 25 years, held 22 roadshows and rallies across the city. The Congress, seeking a revival after failing to win any seats in the last two elections, also intensified its efforts. The election battle has seen sharp political exchanges, with AI-generated spoofs, catchy slogans, and roadshows dominating the discourse. The outcome of this fiercely contested election will determine whether the AAP continues its dominance, the BJP breaks its losing streak, or Congress makes a surprising comeback. The final verdict will be revealed on February 8, as Delhi awaits the results of what has been one of its most high-stakes electoral battles.
The Election Commission expressed disappointment over the continued low voter turnout in urban areas of Maharashtra despite their efforts to increase participation. Despite motivational campaigns and measures for ease of voting, cities like Mumbai, Pune, and Thane recorded a dismal voter turnout. While Maharashtra recorded an overall voter turnout of 58.22 percent as of 5 PM, Jharkhand saw a higher turnout of 67.59 percent. The EC attributed the low turnout to urban apathy, a trend observed in previous state and parliamentary elections.
'The vast majority of BJP supporters in Tamil Nadu can't speak any language other than Tamil.' 'When rural Tamil Nadu can't speak any other language than Tamil, how are they going to convince them that they have to learn Hindi?'
A series of deaths in a remote village in Rajouri district, Jammu and Kashmir, are not due to any disease, according to the Health Minister. Tests conducted by various institutions, including the ICMR, NCDC, and DRDE, have returned negative results. However, the minister has ordered an investigation into the deaths to determine the cause.
Inflows into mutual funds' equity schemes increased by over 14 per cent on-month to Rs 41,156 crore in December, even as market volatilities continued. The small and midcap schemes of mutual funds continued to attract investor interest with inflows touching record highs during the month, despite the concerns being expressed about the two segments for the risk they portend, industry body Amfi said.
'If Pakistan's army wants to escalate violence in Kashmir, they have an unlimited supply of jihadis they can train and send. That's not an issue for them.'
'The BJP lacks a credible mass leader who matches Mamata Banerjee's popularity.' 'Given the division of votes among Opposition parties, the West Bengal government's dole-giving strategy, and the consolidation of the poor, significant sections of scheduled caste groups and Muslim minorities behind the ruling party, it will be difficult to dislodge the Trinamool from power.'
During the first eight months of CY24, 50 IPOs mobilised Rs 53,453 crore.
The draft digital personal data protection (DPDP) rules, which require banks to obtain explicit consent from their customers before using their data for purposes beyond the original intent, although is being followed in spirit, leaves no room for regulatory arbitrage, experts said. They said that the potential business impact is difficult to assess at this stage, but the formalisation of these rules will mean banks now need to establish clear data processing agreements with third-party entities to ensure compliance.
Following a deadly stampede at New Delhi Railway Station that claimed 18 lives on Saturday night, authorities have implemented stringent security measures, including prohibiting loitering on the foot overbridge. The Railway Protection Force (RPF) is also monitoring trains heading towards Prayagraj and deploying additional personnel to manage crowds. CCTV surveillance has been enhanced, and announcements are being made to guide commuters and prevent panic. The stampede occurred due to a mix-up in train announcements, leading to a surge of passengers rushing towards platform 16 via a narrow stairway.
The Indian Army is not mobilising troops on the border with Pakistan in the wake of Mumbai terror strikes, a senior Army official said on Sunday scotching speculation in this regard.
In Navsari district of South Gujarat, all the three major rivers have been in spate following heavy rains.
Union Finance Minister Nirmala Sitharaman, along with her team of bureaucrats, delved into the fine print of the 2024-25 Budget documents in a press conference, detailing the government's road map on bringing down the debt-to-GDP ratio and bold tax measures.
'In the case of corporate credit, especially to AAA borrowers, lenders will have to take a fresh look at pricing.'
Forty-one Border Road Organisation labourers working to clear snow near the high altitude border village of Mana in Uttarakhand's Chamoli district were trapped under an avalanche on Friday.
Public-sector banks, including Canara Bank and Bank of India, are tapping the infrastructure bond market. Canara Bank on Tuesday raised Rs 10,000 crore at a coupon rate of 7.40 per cent through 10-year infrastructure bonds. This comes after SBI on July 10 raised Rs 10,000 crore also through infrastructure bonds with a 15-year tenor at a coupon rate of 7.36 per cent.
