While the capital spending is being maintained at 3.1 per cent of the GDP, a little more would have boosted economic growth even further, suggests Rajiv Memani.
The BJP is hopeful of improving its performance in Dalit-dominated constituencies in Delhi ahead of the February 5 assembly polls, following a sustained outreach campaign. The party failed to win any of the 12 SC reserved constituencies in the 2015 and 2020 elections. The party has been out of power in the city since 1998.
India's healthcare and pharmaceutical sectors raised Rs 14,811 crore through initial public offerings (IPOs) in 2024, the largest since 2019, driven by strong domestic demand amid expanding global opportunities. According to data, key contributors to the record fundraising included Sai Life Sciences (Rs 3,043 crore), IKS Health (Rs 2,498 crore), and Sagility India (Rs 2,107 crore).
The rivalry between the local leaders of the two parties could be a cause of concern for Shinde.
Anticipating US action on tariffs, India seems to have made the first move by revamping its tariff structure by reducing the slabs to eight rates, points out Mukesh Butani.
The report on the alleged liquor scam, a hot button issue in the run-up to the elections, claimed a loss of revenue to the tune of Rs 941.53 crore, saying timely permissions were not taken for opening the liquor vends in non-conforming municipal wards.
The Uttar Pradesh government has implemented a special crowd management plan called 'Operation Eleven' for the 'Amrit Snan' on Basant Panchami at Maha Kumbh. The plan, devised under strict instructions from Chief Minister Yogi Adityanath, ensures a one-way traffic route for devotees and smooth movement on pontoon bridges. The heightened measures are in place following a stampede on Mauni Amavasya that claimed at least 30 lives. 'Operation Eleven' includes measures such as strict enforcement of a one-way route, enhanced security at key locations, crowd control at Tikarmafi Turn, special arrangements at Phaphamau and pontoon bridges, railway station and bus movement regulation, enhanced security at Prayag Junction, crowd management at GT Jawahar and Harshvardhan Chauraha, additional security and traffic control measures, and deployment of extra forces.
The Haryana victory will be a morale booster for the Bharatiya Janata Party and increase its bargaining power in the Mahayuti's seat-sharing talks for the upcoming Maharashtra assembly elections, according to political analysts.
Shrikant Pangarkar, an accused in the 2017 murder of journalist Gauri Lankesh, which outraged the nation, joined Maharashtra Chief Minister Eknath Shinde-led Shiv Sena in Jalna ahead of assembly polls.
Punjab Chief Minister Bhagwant Mann has criticized the Centre over the landing of US planes carrying illegal Indian immigrants at Amritsar airport, calling it a "deport centre." He stated that the holy city is known for its religious sites and should not be used for deportations. Mann has also questioned the choice of Amritsar as the landing site, suggesting that other airports in the country could have been used instead. The second US flight carrying 119 illegal Indian immigrants is slated to land in Amritsar on Saturday night. The Punjab government has made arrangements to take the residents of Punjab from among the second batch of deportees to their hometowns.
Debutant legislator Rekha Gupta was sworn in as Delhi chief minister along with six ministers on Thursday in a grand show of strength full of colour and spectacle to mark the Bharatiya Janata Party's return to power in the city after more than 26 years.
He died after his car collided with a Maharashtra State Transport Corporation bus near Kondhali taluka in Nagpur district.
First-time MLA Rekha Gupta will be the new chief minister of Delhi, capping 11 days of suspense over who will get the top post after the Bharatiya Janata Party returned to power after over 26 years ending the 10-year rule of the Arvind Kejriwal-led Aam Aadmi Party.
Punjab Chief Minister Bhagwant Mann has dismissed speculation about dissent within the Aam Aadmi Party's state unit, asserting that Congress leaders have a history of switching parties while AAP leaders remain dedicated. Mann's remarks came after Punjab Congress leader Partap Singh Bajwa claimed that over 30 AAP MLAs were in touch with his party. Mann, however, dismissed Bajwa's claims, stating that Congress has a culture of switching sides. The meeting follows AAP's defeat in the Delhi Assembly elections, sparking speculation about instability in its Punjab unit. Mann reiterated the unity within AAP, highlighting his government's achievements, including closing 17 toll plazas, stopping multiple pensions for MLAs, and implementing the Delhi model in Punjab. On the promise of financial assistance of Rs 1,000 to women, he said it will be provided in the coming days. Meanwhile, the BJP has also intensified its attack on the AAP, with BJP leader Manjinder Singh Sirsa taking a dig at Kejriwal for holding a meeting with Punjab MLAs despite AAP's defeat in Delhi.
Launching a scathing attack on the Congress, Shiv Sena MP Shrikant Shinde wondered whether Indira Gandhi was also anti-Constitution as she had praised Savarkar as a "remarkable son of India".
Amid Delhi's worsening air quality, which has plunged into the severe plus category with an AQI consistently above 450, Environment Minister Gopal Rai on Tuesday called for immediate intervention from the central government.
The Uttar Pradesh government has deployed two senior IAS officers, who were part of the team that successfully conducted the 2019 Ardh Kumbh, to oversee the smooth conduct of the Maha Kumbh Mela in the wake of the recent stampede that left at least 30 pilgrims dead. The officers, Ashish Goyal and Bhanu Chandra Goswami, have extensive experience in administration in Prayagraj, including crowd management and inter-agency coordination. They will join Mela Adhikari Vijay Kiran Anand, forming a trio that was part of the mega fair six years ago. The government has also deployed additional senior police officers to strengthen security and crowd management ahead of Basant Panchami, one of the key bathing days of the festival, on February 3.
A total of 73 women got elected to the 18th Lok Sabha against 78 women MPs in the 17th Lok Sabha.
Devotees attending the Maha Kumbh in Prayagraj are facing transportation challenges, with many forced to walk long distances in search of transport. Thousands of pilgrims returning from the event are stranded at Varanasi Cantt and Banaras railway stations, with some missing their trains due to the rush and others stuck because of cancellations. Officials say the traffic situation in the district has returned to normal, but some pilgrims report difficulties in finding transport and reaching their destinations.
What some of our leaders were up to this week.
The Delhi government has ordered half of its staff to work from home, urging private organizations to follow suit as the national capital faces an alarmingly high level of air pollution. The move comes as Delhi recorded an Air Quality Index (AQI) of 426 in the "severe" category, with residents reporting health issues. Essential services will continue to operate at full capacity. The government has also advised companies to provide shuttle bus services for employees and suggested that private entities consider shifting office hours to reduce traffic congestion.
The SC questioned the Delhi government over delay in implementation of stricter anti-pollution measures under GRAP-4, and said it will not allow scaling down of the preventive measures without its prior permission.
Besides Hooda, his son Deepender Singh Hooda, Kumari Selja and Randeep Surjewala are also being seen as chief ministerial aspirants.
'We face the risk of remaining a low-income country for a very long time unless something changes in the next few years.' 'Instead of constantly talking about becoming a developed economy, we need to start fixing the problems of the economy one by one.' 'There is so much potential, and we are squandering away the opportunity.'
'It was a disaster on his part to give an oral remark which allowed ascertainment of the religious character of places of worship.' 'This disrupted the social harmony of the country.'
Macroeconomic data announcements, global trends and trading activity of foreign investors would be the major driving factors for the equity markets this week, according to analysts.
The year 2024 was the hottest year on record, with the global average temperature exceeding 1.5 degrees Celsius above pre-industrial levels for the first time, according to the European climate agency Copernicus. Every month from January to June was the warmest ever recorded, and from July to December (except August), each month was the second warmest on record. Scientists are warning that the world is entering a new climate reality, with extreme heatwaves, floods, and storms becoming more frequent and severe. The report also highlights the failure of developed nations to meet their climate finance commitments to developing countries, despite the urgency of the situation.
In the election held earlier in the year, the AAP lost the sole seat it contested and the Congress won five out of 10 seats.
This came after Ranaut stoked a controversy by suggesting that the farmers' protests could have led to a Bangladesh-like situation in the country if the top leadership was not strong enough.
Hasina said she left Bangladesh in August with an aim to stop the violence. However, the situation has deteriorated further, she said.
Bharatiya Janata Party MP Kangana Ranaut on Wednesday withdrew her remarks calling for bringing back the three farm laws that were repealed in 2021, and said those were her personal opinion and not the party's.
Glimpses from the At Home reception hosted by President Droupadi Murmu at Rashtrapati Bhavan on Republic Day.
This is the second time that Ranaut has met the BJP president since she stirred a controversy earlier this week with her disparaging remarks on the farmers agitation against the now repealed three farm laws.
'Those who are contesting against Amit, I can expose them all. But I don't want to get into that dirt.'
The Kerala unit of the Congress instantly gets a headache when Shashi Tharoor lets loose one of his observations showering flowers on enemy territory. With every such action triggering controversy within a nervous Congress party, some feel it is high time Tharoor showed a degree of solidarity with the ideals of his party, notes Shyam G Menon.
Reserve Bank Governor Shaktikanta Das on Thursday said the fundamental drivers of the Indian economy are gaining momentum and the country is moving on a sustainable growth path. In the inaugural address at FIBAC 2024, the governor said that massive changes are taking shape in various economic sectors and markets, and the country is geared for orbital shifts.
A special drive was conducted on July six following complaints that many restaurants and pubs in central Bengaluru were operating beyond the stipulated closing time of 1 am, they said.
Earlier, AAP leader and Rajya Sabha MP Sanjay Singh welcomed reports claiming Congress leader Rahul Gandhi has shown interest in the possibility of an alliance with Arvind Kejriwal-led party in poll-bound Haryana.
'Undeniably, Modi's position has stabilised and he has staged a comeback of sorts from the weeks after the Lok Sabha results.' 'Coalition partners are likely to be more tolerant of Modi... The forthcoming elections in Delhi and Bihar will determine whether this continues or not.' 'To win Delhi and Bihar, Modi will have to work in conjunction with the RSS.' 'However, because of the 'truce' that has been worked out within the Sangh Parivar, Modi will have to be more consultative than he has been in the past ten years,' reveals Modi biographer Nilanjan Mukhopadhyay.
