The Calcutta high court has asked the State Election Commission to explore the possibility of postponing the civic polls to four municipal corporations by four to six weeks in view of a surge in COVID-19 cases in West Bengal.
A day after a Trinamool district president allegedly asked party men to attack the police with bombs and burn houses of Independent candidates, a TMC member of Parliament on Thursday asked party activists to "beat up Communist Party of India-Marxist workers with shoes".
The Maharashtra government has moved the Supreme Court seeking recall of its order by which it had directed the State Election Commission (SEC) not to re-notify the poll process to 367 local bodies, where it has already commenced, in order to provide reservation to OBCs.
Foreign Portfolio Investors (FPIs) selling spree continued as they dumped Indian equity worth over Rs 5,800 crore this month so far on rising interest rates and geopolitical tensions in the Middle East. This came after such investors withdrew Rs 24,548 crore in October and Rs 14,767 crore in September, data with the depositories showed. Before the outflow, FPIs were incessantly buying Indian equities in the last six months from March to August and brought in Rs 1.74 lakh crore during the period.
Prohibitory orders were imposed in a part of Neemuch city in Madhya Pradesh after a dispute between two groups over the installation of an idol near a dargah, which led to tension in the area, officials said.
'Investors with higher risk appetite and longer horizon (more than one year) can invest in longer-duration funds like corporate bond funds, long-duration funds and gilt funds for maximum gain.'
The savings in interest outgo through the government securities buyback is likely to decline after 2006.
Palaniswami currently helms the party founded by the charismatic M G Ramachandran and nurtured by the redoubtable J Jayalalithaa.
The Union health ministry on Thursday termed as 'misleading' and 'fallacious' media reports which claimed that regulatory approval for COVID-19 vaccine Covaxin was rushed due to political pressure.
Regardless of market levels, invest in stocks and equity mutual funds in a staggered manner.
Foreign Portfolio Investors' (FPIs) selling spree continues as they pulled out over Rs 3,400 crore from the Indian equity markets in the first three trading sessions of November on rising interest rates and geopolitical tensions in the Middle East. This came after such investors withdrew Rs 24,548 crore in October and Rs 14,767 crore in September, data with the depositories showed. Before the outflow, FPIs were incessantly buying Indian equities in the last six months from March to August and brought in Rs 1.74 lakh crore during the period.
A high-level committee to explore the feasibility of conducting simultaneous elections, headed by former president Ram Nath Kovind, held its first meeting in New Delhi on Saturday and decided to invite political parties and the Law Commission to seek their views on holding synchronised polls in the country, a statement said.
Opinions vary, but fund managers remain bullish.
The EC postponed polls to 4 municipal corporations by three weeks to February 12.
Following are comments from economists at leading financial institutions, banks and rating agencies on the interim Budget:
Among those killed were eight from TMC, and one worker each of the BJP, the CPI-M, the Congress and the ISF.
The contribution from asset management companies (AMCs) has surpassed the Rs 3,000 crore target for the creation of a Rs 33,000 crore backstop facility for debt mutual funds (MFs). The initial corpus for the Corporate Debt Market Development Fund (CDMDF) is nearly Rs 3,100 crore, according to multiple government officials and AMC executives. "The fund is operational now. "The required corpus has been raised by AMCs and the remaining part (Rs 30,000 crore) is in the form of a guarantee from the government which will be activated only in case of a credit event," explained D P Singh, joint CEO and deputy MD, SBI MF.
Leading stock exchanges NSE and BSE on Monday said all their operations are functioning in a normal manner after HDFC Securities flagged that confirmations were not received for orders placed in the NSE cash segment due to a "technical glitch". After mentioning about the technical glitch in a tweet at 10.01 am, HDFC Securities, at around 11.53 am, issued a statement saying the issue "got resolved at 9.50 am" and that investigation is going on to find out the root cause. The episode, which happened less than one hour after markets opened for trading, comes within days of a technical glitch forcing NSE (National Stock Exchange) to halt trading for nearly four hours on Thursday. In a statement, a NSE spokesperson said that all the operations on its platforms were "functioning smooth and normal".
Finance Minister Jaswant Singh will launch screen-based retail trading in government securities (G-sec) on the stock exchanges
The alleged model code of conduct (MCC) violation took place at the event -- 'Dilli ki Yogshala: Yog Prashikon ko Samman Rashi Ka Vitran' -- held on Friday at the Constitution Club, which was attended by Chief Minister Arvind Kejriwal and his deputy Manish Sisodia.
It has also been decided to make heavy deployment of forces in some pockets of Kanpur ahead of Friday prayers, police said.
Citing the Covid-19 situation, the police on Thursday imposed orders under CrPC section 144 in Mumbai, prohibiting the assembly of five or more persons during the Ganesh festival between September 10 and 19.
The order that was passed less than a week ahead of the first phase of polls scheduled on October 10 throws a spanner in the election process.
Among index funds, the most popular products are funds tracking the Nifty 50 and Sensex, says Dwaipayan Bose, and explains the finer points of selecting the right index mutual fund.
Four Indian quarter-milers running below 53 seconds augurs well for the country's hopes of winning six straight Asian Games gold in women's 4x400m relay since 2002.
Investors need to evaluate how they stack up against other high credit quality fixed-income options before putting money in them.
Three persons were shot dead and several others were injured as violence and arson marked the conclusion of nomination filing for the three-tier West Bengal panchayat polls slated next month.
Violence had rocked West Bengal's rural polls on Saturday, leaving 15 people dead while ballot boxes were vandalised, ballot papers torched, and bombs thrown at rivals in several places.
Elections to local governing bodies can be held now with OBC quota in Maharashtra, with the Supreme Court giving its nod on Wednesday, Deputy Chief Minister Devendra Fadnavis said in Mumbai.
A special court in Bengaluru has ordered the registration of a 'special criminal case' against former Karnataka chief minister B S Yediyurappa regarding alleged corruption in a land denotification issue when he was the deputy CM in the Bharatiya Janata Party-Janata Dal-Secular coalition government in 2006-07.
The State Election Commission in Jammu and Kashmir on Saturday imposed restrictions on conduct of exit polls till the last of the eight-phase District Development Council election is completed.
Prohibitory orders under Section 144 has been clamped in Hubballi city, the police added.
States' borrowing cost fell for the second consecutive week on Monday, with the weighted average cut-off easing by 4 bps to 7.67 per cent from 7.71 per cent in the last auction when it slid by 7 bps. The yield on the benchmark 10-year G-secs also declined in the week by 4 bps to 7.23 per cent from 7.27 per cent last Tuesday, Icra Ratings said on Monday. The weighted average cut-off of the 10-year state debt also eased to 7.61 per cent at Monday's auctions from 7.66 per cent last week.
The Mumbai Metro Rail Corporation Ltd started hacking trees from Friday night to make way for a car shed, hours after the Bombay high court dismissed four petitions filed by NGOs and activists challenging the decision to allow felling of trees in the prime green lung of the city.
For long-term financial security, millennials must not only provide social security for their young families but also ensure that their financial burdens are not passed down to their families, says Casparus Kromhout.
The restrictions under section 144 of the Code of Criminal Procedure are in place since lockdown began.
Elections to 92 nagar parishads and four nagar panchayats in Maharashtra will be held on August 18, the State Election Commission (SEC) announced on Friday.
BlackRock has again reduced the valuation of its share in edtech firm Byju's - this time to about $1 billion, TechCrunch reported on Friday, citing disclosures made by the US-based asset manager. This is 95 per cent less than its peak valuation of $22 billion in 2022. The markdown comes at a time when the company is facing a multitude of challenges, including securing fresh capital, delays in financial reporting and legal disputes with lenders.
Dwaipayan Bose examines the seven important factors that investors about exchange traded funds must know before they start investing/trading in them.
A bench of Justices SK Kaul and Sudhanshu Dhulia said the Centre cannot preclude reservation from being extended to women in civic bodies by saying it doesn't apply to tribal areas.
