Stocks of public sector undertakings (PSUs) have been on fire in the past year as investors cheered an improvement in key operating metrics and embraced counters of these state-owned enterprises, analysts suggest. The S&P BSE PSU Index has gained over 90 per cent in the past year, rising much higher than the S&P BSE Sensex, which has rose nearly 19 per cent during this period, according to ACE Equity data. The BSE PSU Index, reports show, has delivered a compound annual growth rate (CAGR) of 28 per cent (including dividends reinvestments) over five years and risen by almost 60 per cent in the past year.
The Congress needs to reorganise itself at the grassroots, infuse younger blood, and have more boots on the ground. Just offering freebies is not the answer anymore. Leadership matters, asserts Ramesh Menon.
He said he requested the prime minister to be 'magnanimous' towards the people of Andhra Pradesh.
The Bharatiya Janata Party and the Congress remain the most dominant political forces in Chhattisgarh, though the state has several regional outfits that have pockets of influence, while the Aam Aadmi Party (AAP) is making a determined bid to challenge its well entrenched rivals and make a mark in polls to the 90-member House.
Could it have been more reformist? Of course, but this is an election year Budget, observes Akash Prakash.
From Chief Minister EK Palaniswami to Seeman to TTV Dhinakaran to elder brother M K Azhagiri, everyone's favourite target these days seems to the DMK chief Stalin, which is good news in an election year, but that doesn't mean he is going to sweep the polls, says N Sathiya Moorthy.
Banerjee, who is staging a two-day sit-in to protest alleged discrimination by the Centre against the state, had on Wednesday in a change of stance urged all political parties in the country to unitedly fight the Bharatiya Janata Party in next year's Lok Sabha election.
The ruling Congress is seeking to retain power in Chhattisgarh by banking on the welfare schemes of the Bhupesh Baghel government, while the Bharatiya Janata Party is hoping to corner it on the issues of alleged corruption, religious conversions and unfulfilled poll promises.
Why did Karnataka's economic prosperity fail to influence the nature of electoral promises made by political parties in the run-up to the assembly elections? asks A K Bhattacharya.
Cash collections accounted for a whopping 63 per cent of total funds or over Rs 2,100 crore garnered by various political parties during all state assembly polls between 2004 and 2015, a study showed on Monday.
'EVMs are absolutely credible, they are robust.' 'It's only a calculator with certain instructions. And the sim card inside an EVM is burnt and cannot be reprogrammed.' 'Besides, the machines are circulated among various states. No machine is allowed to remain in one state after an election.' 'By far, it is one of the finest innovations India should be proud of.'
The SBSP can impact around 10 Lok Sabha seats and 40 assembly seats in 7-8 districts in Uttar Pradesh, according to poll analysts.
George Soros, who is in the eye of the storm over his remarks against Prime Minister Narendra Modi on the Adani issue, is an Hungarian-born American financier, philanthropist, and activist whose success as an investor made him one of the wealthiest men in the world. He is also known as a powerful and influential supporter of liberal social causes. In a speech at the Munich Security Conference on Thursday, the billionaire philanthropist said he believes the turmoil at Gautam Adani's business empire may weaken Prime Minister Narendra Modi's hold on the government, a statement which was strongly contested by the BJP as an attack on Indian democracy.
It would be the biggest Conservative victory since 1987, the poll suggests.
For the longest time, the court did not even hear important matters that the government did not want it to. Of late, it has begun to form benches. Meanwhile a lot of the damage has been done and continues to be done, asserts Aakar Patel.
Yes Bank was the biggest gainer in the Sensex pack, rallying 4.06 per cent. Other gainers were Coal India, Infosys, PowerGrid, Vedanta, Reliance, TCS, HUL, ONGC, HCL Tech, IndusInd Bank, HDFC Bank and Asian Paints, gaining up to 2.72 per cent.
The court had appointed former Chief Election Commissioner S Y Quraishi as the administrator-cum-returning officer to conduct the fresh polls to the sports body.
For successive governments the Election Commission remains a 'holy cow', where unhealthy precedents are allowed to be nurtured since Independence, says N Sathiya Moorthy.
Modi said not a single leader of the opposition grouping INDIA has uttered a word against the "disrespect" for women.
The Indian equity market valuation has been moving in tandem with the US 10-year treasury yield. While the benchmark US bond yield has witnessed a nearly 70 basis point decline since the end of October this year, dropping from 4.93 per cent to 4.23 per cent on Friday, the Sensex earnings yield has slipped by nearly 45 basis points - from 4.5 per cent to 4.05 per cent. Previously, Indian equities' earnings yields rose in sync with the US bond yields.
Smaller stocks have emerged as Dalal Street's favourites in 2023 that has turned out to be a "great year" for equities, rewarding investors with big gains, driven by optimism over the country's macroeconomic fundamentals and heavy retail investors participation. Experts said equity markets are experiencing a prolonged bull run and it is during this time that the midcap and smallcap segments tend to outshine their larger counterparts. Till December 22 this year, the BSE smallcap gauge has jumped 13,074.96 points or 45.20 per cent while the midcap index has surged 10,568.18 points or 41.74 per cent.
This includes over $15 billion of proposed investment in the infrastructure sector in the Indo-Pacific and $9 billion for shoring up American defence in the region.
5 states that contribute just under a fifth of the Lok Sabha's seats will go to the polls early this year.
Referring to the COVID-19 pandemic, Modi said India has always prided itself as the first responder in the region - a friend in need.
'This time, even the professedly secular parties have maintained a conscious distance from being identified with Muslims.' 'This could be interpreted as a success of the BJP campaign of what it has been calling 'minority appeasement', says Mohammad Sajjad.
CM Stalin has a procedural problem. Nominating new ministers would entail his having to seek formal permission from governor R N Ravi. Stalin does not want to interact with the person of this governor, as far as possible, predicts N Sathiya Moorthy.
Voters gave Johnson the huge mandate so that he can get the UK out of the European Union by January -- no ifs, no buts.
B R Ambedkar's fears about personality cults in politics and money power in elections seem to be coming true, says Nitin Desai
The Bahujan Samaj Party declared that it did not receive any donation above Rs 20,000 during 2021-22 as it has been declaring for the past 16 years, the ADR claimed.
The retrospective amendment will help BJP and Congress escape the fallout of a 2014 Delhi high court judgment that held both guilty of violating the FCRA.
Indian-American Ghazala Hashmi, a former community college professor, created history by becoming the first Muslim woman to be elected to the Virginia State Senate.
Deepa Gahlot lists Hindi biopics about Indian political leaders: Some worked, some did not, but they managed to avoid controversy.
Event-based volatility could rise in the near future, increasing arbitrage opportunities.
The 59-year-old Batra is one of the few sports administrators to head a national Olympic committee while heading an important international sports federation.
The Karnataka high court on Monday sought an explanation from the Indian National Congress for collecting Rs 10,000 as party fund from its members who are aspiring candidates.
A 'White Paper' versus 'Black Paper' battle erupted on Thursday as the Centre and the Congress unveiled documents and crossed swords over the handling of the Indian economy during the nearly 10 years of the BJP-led NDA rule and the previous 10-year tenure of the Congress-led UPA government.
Whether it was the MGNREGS or the NFSA or the Aadhaar-based DBT scheme for cash transfer, the Modi government has built on the basic architecture created by the Singh government. Policy makers in the Modi government, instead of discarding them as products of the previous political regime, worked on them, expanded their scope and reach, and used new tools to improve their performance, explains A K Bhattacharya.
The ED said Das stated that his first statement given to the agency on November 3 last year in which he cited Baghel's name was "true and correct".
Get more people working, get more people working in modern manufacturing and services in our cities, and get people working better and longer, suggests Naushad Forbes, past president, CII.
Communist Party of India-Marxist general secretary Sitaram Yechury described it as a "brazen destruction of the foundations of our democracy".
