Stocks in the automotive, financial, cement, metal, and hotel sectors are likely to benefit if the Narendra Modi-led Bharatiya Janata Party (BJP) comes back to power for a third time. The key investment themes have been identified after analysing the Sankalp Patra - the party's manifesto for the next five years - released on Sunday.
Here are the key highlights of the BJP's 'Sankalp Patra' for the 2024 parliamentary polls.
According to NABARD, around 60% of India's population lacks access to financial institutions.
'The prime minister's comment on 'revdi culture' was welcome. But I am disappointed he did not follow up on that.' 'All political parties, including the BJP, have been guilty of this.' 'Now, Modi's guarantees, the Congress's 'nyay' path and both ruling and Opposition parties are vying with each other for freebies in my home state Andhra Pradesh.'
This will be done across five cities - Delhi, Bengaluru, Coimbatore, Bhopal, and Shillong. Thereafter, it will be scaled up and launched in 100 cities over a period of six months, said a senior government official.
Life has come full circle for Nobel laureate Professor Mohammad Yunus, who faced persecution during Sheikh Hasina's regime for embezzlement, is now all set to head of the interim government in Bangladesh after she resigned and fled the country.
She said that access to justice for all has been a theme close to her heart and mentioned several steps taken to help economically disadvantaged sections of society to approach legal institutions for remedial action.
Industry players believe the new DFI model will be initially risk capital, which will then be used to mobilise additional resources from development agencies such as World Bank.
India's report outlining its steps towards the promotion and protection of human rights will be taken up for review as part of a mechanism under which UN member States review the human rights performance of fellow States, on Thursday in Geneva, according to the ministry of external affairs.
The UP government is also planning to free up its own land from illegal encroachment to set up these new cow- shelters in "safe locations" and with full facility for fodder and water.
The National Bank for Agriculture and Rural Development is launching a non-banking financial company targetting the microcredit space in the country.
Prime Minister Narendra Modi made a pitch for electing a strong and stable government in an uncertain world beset by geopolitical tensions as the Bharatiya Janata Party on Sunday released its manifesto, prioritising development and welfare while shunning populist measures and contentious issues like the National Register of Citizens (NRC).
Moody's Ratings on Tuesday said India's growing water shortage can disrupt farm and industry sectors and is detrimental to the credit health of the sovereign as rising food inflation and decline in income may spark social unrest. It said decreases in water supply can disrupt agricultural production and industrial operations, resulting in inflation in food prices and hence can be detrimental to credit health of sectors that heavily consume water, such as coal power generators and steel-makers.
Each 'adarsh village' should have piped drinking water, connectivity to the main road, electricity supply to all households, library, telecom and broadband connectivity including CCTVs in public areas. Emphasis will also be on e-governance, says Sheela Bhatt/Rediff.com.
The Group of Ministers on Telangana is set to discuss the draft bill for the creation of Telangana on Saturday.
Here's the full text of address to the nation by President Droupadi Murmu on the eve of the Republic Day 2023.
'There is a huge constituency that upholds this ideology.' 'Hindutva will remain relevant in our public life in the near future as an ideology and in politics as well.'
Budget for women and children welfare increased from Rs 1,56,528 crores to Rs 1,84,632 crores for 2017-18
The central bank held 72.5 per cent equity in Nabard worth Rs 1,450 crore, of which 71.5 per cent amounting to Rs 1,430 crore were divested way back in October 2010 and the residual shareholding was divested on February 26, 2019.
The country has come a long way in the process of financial inclusion, Raghuram Rajan said, but "still has a way to go".
The National Bank for Agriculture and Rural Development, a premier institution for agriculture financing, would be giving 100 per cent tax exemption on capital gains if they were invested in capital gains bond issued by it.\n\n\n\n
The state's joblessness is three times higher than the national average of 7.8 per cent.
Any narrative against the Dravidian model may impact the BJP's prospects in Tamil Nadu. This may explain why the BJP in Tamil Nadu is placing more emphasis on corruption allegations against the DMK, even as the party focuses nationally on the Sanatana controversy.
'What should surprise BJP supporters is Modi's call for 'stability' at the manifesto launch, a theme that he and his team members had not touched ahead of the Lok Sabha polls in 2014 and 2019.' 'The last time the party called for 'stability at the Centre' was in 1998 and 1999,' recalls N Sathiya Moorthy.
President Ram Nath Kovind addressed the nation on the eve of India's 75th Independence Day. Here's the text of what he said:
Shares of public sector enterprises have corrected by up to 22 per cent month-to-date until March 19, 2024. Analysts attribute this steep fall to the valuation exuberance seen after a sharp run in these counters last year and suggest investors remain selective regarding the stocks in this space. "The rally in public sector undertaking (PSU) stocks has been stretched and sharp, although it is somewhat justified by improvements seen in earnings, operations, balance sheets, and overall profitability.
Speaking at a rally in Madhya Pradesh's Harda on April 24, Modi praised Chouhan saying the two had served together in the party organisation and also as chief ministers.
The processor is just 5 per cent of the overall cost of a computing device.
'Without a poverty line, how are we to know whether poverty is the same, or it has come down or it has gone up?'
Right now the challenge before the government is to double the speed of construction in order to complete the remaining 6.6 million houses before March 2019.
'There is a conscious move by the BJP to distance itself from the current state leadership.'
'The government should immediately enact an Act to make caste discrimination a criminal offence and lay down a procedure similar to that of the Anti-Ragging Act.' 'Ragging has nearly been eliminated because it is treated as a criminal offence.' 'Similar procedure should be used in case of caste discrimination.'
Rajan was speaking in Hyderabad at an interactive session at National Institute of Rural Development and Panchayati Raj.
'We need to be far more careful given the fact that while this is group lending, it's essentially unsecured.'
More and more women are making their presence felt in jobs related to sciences, technology, and engineering across organisations.
Every young diploma and degree holder in the country will have the right to apprenticeships in the private and government sectors, he said.
As the Narendra Modi government nears completing a year in office, the Congress on Wednesday stepped up its offensive against the prime minister accusing him of weakening democracy by running a "one-man show" while scoring maximum on "arrogance" and minimum on governance.
'Narasimha Rao asked me why China was doing so well in attracting foreign investments and I gave my frank opinion.' 'I told him that giving thrust to exports had to be a national effort.' 'But in India, the system was very centralised in the Government of India and the state governments had no role to play.'
