Debt management is going to be a worry for the Vedanta group until FY25 at least. However, the restructuring of business divisions in Vedanta India could lead to an unlocking of values. The group structure is fairly complex. Anil Agarwal-led Vedanta Resources (VRL), which is London-listed, has a lot of debt on the balance sheet. It will have to repay $1 billion in secured bonds by January 2024 and at least another $300 million in calendar 2024.
The ruling Congress, voted to office in 2018 after 15 years in opposition, and the Bharatiya Janata Party are the main contenders for power in the state, where the Aam Aadmi Party, the Bahujan Samaj Party and some regional outfits are also in the fray.
To resist external pressure, it could use India's inherent assets and try and make democracy stronger by giving more space to human rights and minority rights, advises Aakar Patel.
The state was asked not to publicise the disbursement during the poll code as part of the condition.
According to a senior Congress leader, the constituents of the opposition alliance intend to move forward with the theme "Main Nahin, Hum (We, Not Me)" at the meeting.
The BJP enters challenging times where it has been given a task to hold onto the values of Ram in running the country as defined by Narendra Modi in Ayodhya, notes Sheela Bhatt.
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.
I am increasingly seeing young people starting 25-year-SIPs; these kids will definitely benefit from the long term effect of compounding, notes P V Subramanyam.
Union Home Minister Amit Shah on Saturday warned that Bihar's areas close to the borders (seemant) will become 'infested with infiltrators' if Prime Minister Narendra Modi was not voted back to power.
'...but from those who control the narrative.' Powerful nations have mastered this art of narrative building. Those nations who aspire to become global powers must do so, observes Shanthie Mariet D'Souza.
Sonia aid the Congress has been consistent over the years in its strong belief that both the Palestinians and Israelis have the right to live in a just peace.
Vijayakanth was unwell for quite some time and his wife Premalatha took over the reins of the party days ago.
Crude and gas supply concerns have eased amid reports that Israel and Hamas have struck a peace deal. The International Energy Agency estimates oil demand may drop slightly in calendar 24 but Opec probably has enough pricing power to maintain $80/ barrel Brent prices. Russia's share of India's crude imports remained strong at about 35 per cent in September 2023.
'The 2017 Doklam stand-off in Bhutan, the 2018 Maldives crisis, and the 2020 Nepal Kalapani border dispute shows how Beijing has shot off these countries' shoulders to target India.'
'Openness is a great weapon in the armoury of more open societies. That's why the fight with Pakistan isn't just about India be six times bigger, but equally bitter and insecure Pakistan,' argues Shekhar Gupta.
Indian equity markets are likely to witness volatility this week due to concerns over rising cases of coronavirus and expiry of derivatives contracts, analysts said. Further, progress surrounding the COVID-19 vaccine, related updates, US stimulus talks and global cues would dictate the market trend, traders said. "Going ahead, the market is likely to be volatile as sentiments oscillate between fear of rising COVID cases globally and optimism over vaccine progress. Investors would closely watch out development over the US stimulus talks," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.
Severe cyclonic storm Michaung crossed south Andhra Pradesh coast close to Bapatla district between 12.30 pm and 2.30 pm on Tuesday with maximum gales of up to 90-100 km per hour speed, said an Amaravati Meteorological Centre official.
He said the RPI-A will also demand tickets to contest at least two Lok Sabha seats (out of the total 48 in Maharashtra) and 10 to 15 assembly segments in the 2024 elections from the NDA quota.
'Rahul Gandhi should have prevented Nitish Kumar from going.' 'He must pacify Mamata Banerjee if he has a cause of Mohabbat Ki Dukaan.' 'He should bring this Mohabbat Ki Dukaan on the political canvas.'
A division bench led by Justice Nitin Jamdar said the MPCB order was set aside for being 'disproportionate' and noted the order was passed in a 'hasty manner'.
Cyclone 'Biparjoy', the first storm brewing in the Arabian Sea this year, has rapidly intensified into a severe cyclonic storm, with meteorologists predicting a 'mild' monsoon onset over Kerala and 'weak' progress beyond southern peninsular under its influence.
Commodity investments can help you diversify your portfolio in asset classes other than equity and debt, says Dwaipayan Bose.
We must heed what the CJI has said. Challenging every judgment of the central government is inviting chaos, asserts Shreekant Sambrani.
'I somehow felt that Muzaffar Ali was in Aligarh to feel the pulse of the Muslim youth, especially in the darker and harsher times that India is passing through,' notes Mohammad Sajjad.
The Bharatiya Janata Party on Monday alleged that the Congress is misusing power to influence voting in the presidential elections and claimed the results will be surprising nevertheless.
Out of the 25 seats, five seats each are reserved for Scheduled Tribes and Scheduled Castes.
Along with Salman Khan's Kisi Ka Bhai Kisi Ki Jaan and Keanu Reeves' action blockbuster John Wick: Chapter 4, we have Nawazuddin Siddiqui's rom-com Tiku Weds Sheru releasing on OTT this week and much more.
Rishi Sunak married Akshata Murty in 2009, and the Prime Minister made a quick rise to power in the years that ensued.
Strong performance by its US subsidiary Novelis and better returns in the copper business helped Hindalco Industries post consolidated revenue growth of 2 per cent quarter-on-quarter (Q-o-Q) to Rs 54,100 crore in the July-September quarter of 2023-23 (Q2FY24). Novelis' Flat Rolled Products (FRP) volumes grew 6 per cent Q-o-Q to 933,000 tonnes (down 5.2 per cent Y-o-Y) on better North American and European volumes. The consolidated earnings before interest, taxes, depreciation, and amortization (EBITDA) declined 2 per cent Q-o-Q to Rs 5,610 crore despite lower input costs in India and better Novelis performance.
After he was set free, the seer was staying at the Virakta Math in Davangere, from where he was arrested by the Chitradurga police on on Monday.
After a year's delay due to COVID-19, the 19th Asian Games officially opens in Hangzhou on Saturday with hosts China eager to lift a country mired in economic gloom.
Influenced by ads like 'Make money sitting at home', 'Make Rs 10 lakh with just Rs 1,000', to YouTube influencers promoting 'pump-and-dump' stocks, a vast majority of small investors who mushroomed during the COVID-19 period are losing money in reckless overtrading in the market, cautions Dr V K Vijaykumar, Chief Investment Strategist at Geojit Financial Services.
From the Sensex pack, Larsen & Toubro jumped 4.26 per cent to emerge as the biggest gainer, followed by IndusInd Bank, Tech Mahindra, State Bank of India, HCL Technologies, Power Grid, NTPC, Axis Bank, Kotak Mahindra Bank, HDFC Bank and Wipro. Mahindra & Mahindra, Infosys, UltraTech Cement and Hindustan Unilever were the major laggards.
P V Subramanyam takes a hard look at the pros and cons of both options.
In both of these Hindi heartland states, the straight contest between the ruling Bharatiya Janata Party and the opposition Congress.
Wielding a broom, the prime minister took part in the drive along with fitness influencer Ankit Baiyanpuriya.
Former deputy chief minister Sachin Pilot, who has been involved in a leadership tussle with Chief Minister Ashok Gehlot, skipped his interaction.
A fierce competition among parties to offer freebies and guarantees, a scramble for tribal, OBC, women votes and a touch of Hindutva -- all have combined to make the Madhya Pradesh assembly polls a high-stakes battle with main rivals BJP and the Congress pulling out all the stops to gain power.
'Unless she joins one of the coalitions, she has a bleak future.' 'The NDA option is suicidal, but INDIA could help her.'
With the general election campaign less than six months away, the BJP has more to think about than it had on the eve of 2019. It's the states that will be robbing BJP strategists of their sleep at this point, not the Lok Sabha, asserts Shekhar Gupta.