Foreign investors turned net sellers in October, withdrawing shares worth Rs 58,711 crore in the month so far owing to escalating conflict between Israel and Iran, a sharp rise in crude oil prices, and the strong performance of the Chinese market. The outflow came following a nine-month high investment of Rs 57,724 crore in September. Since June, Foreign Portfolio Investors (FPIs) have consistently bought equities, after withdrawing Rs 34,252 crore in April-May.
Polling for the seventh phase of the Lok Sabha elections will take place on Saturday, June 1, 2024, with 57 seats going to the polls across 8 states.
Restoration of Article 370 and Jammu and Kashmir's statehood as well as implementation of the autonomy resolution passed by the erstwhile assembly in 2000 are among the National Conference's 12 guarantees announced in its manifesto for the upcoming polls.
Dhoni endorses 42 brands to Bachchan's 41 and SRK's 34.
'Elections and audience interest in specific movies are often independent factors.'
'The lack of opportunities here remains the biggest worry.' 'We have seen investment summits, but if you look around, much of it is only on paper and not on the ground.'
Ashwin's legacy, marked by his intellect and dominance on the field, will resonate for years to come.
For Yogi Adityanath the successful management of the fair is a crucial part of building 'Brand UP' and making the state a $1 trillion economy.
'Accusations would be flung about his votes being stolen. He'll say dead people were voting from the grave.' Payal Singh Mohanka reports on the mood ahead of the US presidential election.
This week, Akshata visited a Royal British Legion care home catering exclusively for ex-servicemen and women and their spouses in Ripon.
Polling for the seventh and the final phase of the Lok Sabha election will be held on Saturday, June 1, 2024.
According to a recent survey, 67% of students polled intend to start their own business within 10 years of graduation.
The strong statement from Union Home Minister Amit Shah's office came after former Jammu and Kashmir chief minister Omar Abdullah asked bureaucrats in the Union Territory to resist any pressure to "further disempower" the incoming elected government.
'Jairam Mahto's new party dented the NDA because he pulled a lot of the OBC vote.'
Stunning celebs walked the ramp at the Lakme Fashion Week x FDCI. Who did you like best?
In Maharashtra's 288-member assembly, the share of legislators with college degrees increased over the past decade.
The Indian National Developmental Inclusive Alliance (INDIA) is poised to form the first elected government in Jammu and Kashmir, having secured a victory in the assembly elections by securing 49 out of 90 seats on which polls were held for the first time since the abrogation of Article 370 five years ago.
As the comparison between 2014 and 2019 shows, the voter turnout is not only lower than in 2019 but also lower than in 2014 in some of the larger states where polling took place.
With the assembly polls only two years away, in 2026, any demoralising defeat in 2024, would challenge not only the party's continued relevance but also EPS's leadership, asserts N Sathiya Moorthy.
Hema Malini is a rare Bharatiya Janata Party star politician who has been asked to contest the 2024 Lok Sabha election for a third time.
'Leave aside the negative fallouts of phraseology like 'urban Naxals' and 'terrorists', both the BJP and the Congress have to re-discover themselves in the context of the 2024 election results, including those of the upcoming ones for Maharashtra and Jharkhand,' observes N Sathiya Moorthy.
The Indian rupee is likely to depreciate further against the US dollar through the end of 2024. This is due to the continued strengthening of the greenback, combined with the weakening of the Chinese yuan, which is expected to keep pressure on the Indian currency.
If the BJP has to work as a junior partner of Vijay's TVK, then either the party will have to change the state leader, or the latter should change himself. Incidentally, ever since Vijay started talking politics and elections, the pro-BJP/Hindutva social media had stopped dragging his name into any non-existing issue.' In particular, they have stopped referring to him by his Christian name, 'Joseph Vijay', observes N Sathiya Moorthy.
The situation raises concerns about whether the promised freebies will once again push the state into a revenue deficit.
Pressure is mounting for a resolution to be moved in the assembly when it meets next week for its maiden sitting to demand 'restoration of Article 370 and Article 35A' as committed in the National Conference's election manifesto, reveals Mohammad Sayeed Malik, the distinguished commentator on Kashmir affairs.
After depreciating 0.32 per cent against the dollar in October so far, the rupee is expected to hold ground against the greenback in the current quarter on the back of robust inflows. According to the median of a Business Standard poll of 10 respondents, the rupee is seen trading around 84 per dollar till the end of December. "In India's case, at least the bond and cash related inflows will continue.
'Pro-incumbency worked big time for the ruling party.' 'It has never happened in the past of pro-incumbency working so much for the ruling party.'
'There is some deep rot that has set in the Congress party. This requires an organisational surgery.'
'As we enter 2025, it must be acknowledged that there is a convergence of capital, influential people (from business and politics) and technology deciding the destiny of others in the name of pride, patriotism, nationalism, nation building, all of it thinly veiled disguises for personal profit and glory,' asserts Shyam G Menon.
'Election funding needs a little more transparency.'
The Congress president during his year at the helm of the party has repaired the citadel for far more challenging years ahead, and played a crucial role in shaping the Opposition alliance.
On May 18, 2024 night, terrorists struck at two places in Kashmir killing a former sarpanch, Aijaz Sheikh in Shopian and injuring a tourist couple from Rajasthan in Anantnag.
If states have to fall in line with MSPs declared by political parties, they will have to do so in violation of central order or bear the full expense of the surplus procured at above MSP rates.
If the index is unable to sustain above 24,500 levels, technically it can then slip to its 200-DMA placed at 23,365 levels.
The December meeting of the Reserve Bank of India's (RBI's) six-member Monetary Policy Committee (MPC) will start on Wednesday even as there is no clarity on whether Governor Shaktikanta Das, the chair of the panel, will continue in office after his term ends next week. The outcome of the meeting will be announced on Friday by Das at 10 in the morning.
Trading in the equity market will largely depend on two major events this week - general elections result and the RBI interest rate decision - analysts said, adding that the benchmark indices may rally on Monday on exit polls' prediction of a massive win for the BJP-led NDA and strong GDP data. Exit polls on Saturday predicted that Prime Minister Narendra Modi will retain power for a third straight term, with the NDA expected to win a big majority in the polls. Counting of votes will take place on June 4.
Polling for the fourth phase of the Lok Sabha election will be held on Monday May 19, 2024.
Polling for the fifth phase of the seven-phase Lok Sabha elections will take place on May 20, 2024, with 49 seats going to the polls across 8 states.
After inaugurating development projects worth nearly Rs 5,000 crore for boosting the agri-economy in the Union territory, Modi said he was "elated to be among the wonderful people of Srinagar".
The BJP's strategy seem to be to wean away allies from the Congress, in Dravidian Tamil Nadu, and maybe later in UP, Bihar and elsewhere, though in slow doses, but without wooing them into a new alliance. The idea seems to be only to weaken the INDIA bloc from within -- and leaving it at that, notes N Sathiya Moorthy.
