Image used for representational purpose only. Photograph: Jayanta Dey/Reuters The Congress also said demonetisation has come a full circle and added that the Rs 2,000 note was a "band-aid to cover up the foolish decision of demonetising" Rs 500 and Rs 1,000 notes.
Indian equity markets had a good run in the first half of calendar year 2023 (CY23), with the S&P BSE Sensex and the National Stock Exchange Nifty50 hitting fresh 52-week highs. While the Sensex scaled up to a peak 64,718, the Nifty50 hit Mt 19,189. As the markets now prepare to enter the second half (H2) of CY23, all eyes are on global central banks, especially the US Federal Reserve, as to when they will pause and pivot as regards their interest-rate cycle.
Income of political parties from known donors was Rs 1,835.63 crore, which is 16 per cent of their total income.
Indian-American business leader Ajay Banga is poised to become the next President of the World Bank after the nomination period closed and no country proposed an alternate candidate for the prestigious post. In February, President Joe Biden announced that the US would be nominating Banga to lead the World Bank because he is "well equipped" to lead the global institution at "this critical moment in history." The World Bank on Wednesday closed a month-long window for nominations for its next president, with no alternatives announced to 63-year-old Banga.
Political parties in India have received funds to the tune of Rs 4,895.6 crore between 2004 and 2012, and the irony is that 75 per cent of these funds cannot be traced.
The BJP's massive victory will make it hard for the party to derive a criterion for selecting ministers, as the claimants will be many and the berths, few.
Setalvad was taken into custody on June 25 last year along with former Gujarat Director General of Police R B Sreekumar and ex-IPS officer Sanjiv Bhatt in an offence registered by Ahmedabad crime branch police for allegedly fabricating evidence to frame "innocent people" in the post-Godhra riots cases.
The United States intelligence community in a new declassified file has accused Russian President Vladimir Putin of ordering an "influence campaign" to help Donald Trump win the White House and denigrate his Democratic rival Hillary Clinton in a bid to undermine public faith in the American democratic process.
When a former police constable was appointed Gujarat unit chief, everyone was surprised. Now workers are laying bets on when he will be elevated to the Union Cabinet, notes Aditi Phadnis.
'For Modi, it's not just winning, but winning with style.'
The coming year will be one that will test sabka vishwas to the utmost, predicts Aditi Phadnis.
The Congress may stand a better chance in the assembly polls if it followed the 'Himachal model', suggests N Sathiya Moorthy.
'The sudden arrests and detentions of all Working Committee members led to mass satyagraha.' 'I found myself helpless as the source of my income, from which I sent a portion to my parents in the village, had suddenly stopped.'
The US State Department, in its Congressional mandated annual Country Reports on Terrorism for the year 2018, on Friday said even though the Pakistani government voiced support for political reconciliation between the Afghan government and the Taliban, it did not restrict the terror group and the Haqqani Network from operating in Pakistan-based safe havens and threatening the US and Afghan forces in Afghanistan.
Addressing a public meeting after unveiling a 125 ft-tall statue of B R Ambedkar here, KCR said the BRS party was getting a tremendous response from Maharashtra and was expecting a similar reaction from West Bengal, Bihar, and Uttar Pradesh.
Ms Usha may soon discover that winning four gold medals at the Asian Games and qualifying for the Los Angeles Olympics is a walk in the park compared with the challenges of stabilising governance at the IOA, observes Kanika Datta.
The government may be staring at a modest slippage in fiscal deficit for 2022-23 (FY23), with the Ministry of Finance seeking parliamentary approval for additional spending through a second and final tranche of supplementary demands for grants. On Monday, as the Budget session of Parliament resumed, Finance Minister Nirmala Sitharaman sought Parliament approval for additional gross spending of Rs 2.7 trillion in FY23 (which ends on March 31). While net cash outgo is pegged at Rs 1.48 trillion, the rest will be matched by savings or enhanced receipts, the finance ministry said.
India on Friday won a crucial election to the UN Board of Auditors with its nominee Shashi Kant Sharma, the Comptroller and Auditor General, garnering the largest number of votes.
Better stick to equity diversified funds, says Larisssa Fernand
Our stock exchanges no longer belong to one state or one community.
Bhutia's nomination was proposed and seconded by Andhra Pradesh and Rajasthan state associations. He did not get support from his state association.
Money flowing into the equity schemes of mutual funds is back at a level last seen before the 2008 financial crisis, when the stock market tanked 60 per cent.
While its performance in Bihar, has boosted fund collections, corporate contributors are still waiting to see its performances in Assam, Kerala, Tamil Nadu and West Bengal before committing funds to the Congress.
The BJP also announced a Rs 5 meal scheme for all, named after religious guru Anukul Chandra, and setting up of a Regional Institute of Medical Sciences hospital in Agartala.
A bench of justices Abhay S Oka and Prashant Kumar Mishra, which heard the matter in a special hearing, urged the Chief Justice of India to assign the matter to a larger bench.
Here are some facts about Rishi Sunak and his India connections.
Both prime ministers believed in crafting schemes to help the common man. Modi used quite effectively the instruments Dr Singh introduced. In assessing Modi's success with many schemes, Dr Singh's fundamental work should not be ignored, points out A K Bhattacharya.
The Delhi high court on Friday reserve its order on a Public Interest Litigation alleging that the Congress and the Bharatiya Janata Party received funding from subsidiaries of United Kingdom-based Vedanta Resources in violation of various Indian laws.
"Before January 15 next year, when the election will be one year away, we are planning to select candidates for at least 150 assembly constituencies, so that they can start working," Kumaraswamy told reporters.
She also took a swipe at the Bharatiya Janata Party over its defeat in the just-concluded Himachal Pradesh assembly elections, saying the ruling party's president could not hold on to his home state. "Who is the Pappu now?" she asked.
The finance ministry will kick-start the exercise to prepare the annual Budget for 2023-24 from October 10, in the backdrop of revival of the Indian economy and fears of recession in developed countries. The budget for the next year will have to address critical issues of high inflation, job creation, boosting demand, and putting the economy on a sustained 8 per cent-plus growth path. On Wednesday, finance minister Nirmala Sitharaman said inflation is no longer "red-lettered" and the priority for the government now is job creation and boosting growth.
According to a senior Planning Commission official, according to the new criteria evolved by members Abhijit Sen and Mihir Shah, henceforth BRGF amounts will be allocated on the basis of backward blocks and not just districts.
Wickremesinghe is the first Sri Lankan president to be elected by Parliament following a vote.
'We would advise investors to invest in a disciplined way in equities for the long term.'
All these male politicians are unlikely to risk their sinecures to speak up in support of a bunch of women wrestlers who have chosen to challenge a politician who appears to have the ruling regime in a stranglehold, points out Kanika Datta.
'Why choose people from outside the state?'
Aam Aadmi Party leader Bhagwant Mann takes the oath of office in Shahid Bhagat Singh's Khatkar Kalan village.
The fund house says it is doing this to protect the interests of existing investors.
'The UPA was never soft on Pakistan, terrorists and even China, but Sonia Gandhi's Congress rightly earned a "soft" image on issues of hard national interest, leaving the field open for Modi to take it and wrap it around with his implicit Hindutva,' says Shekhar Gupta.
Maharashtra Congress chief Nana Patole on Monday said he has conveyed to the party high command about recent political moves of the Sharad Pawar-led Nationalist Congress Party to allegedly weaken the Congress in the state.
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