The Congress is planning to call a meeting of Opposition parties in May. It is possible to keep all possibilities open in case Karnataka yields a hung House, leading to a recalibrated Opposition.
Congress leader and ex-finance minister P Chidambaram on Tuesday said the Union Budget was the "most capitalist" with nothing for the poor and farmers while sops were being provided to big industrialists turning India into a very "unequal country". At a press conference after Union Finance Minister Nirmala Sitharaman unveiled a Rs 39.45 lakh crore Budget, he said because of the ruling party's "brute majority" the Lok Sabha pass the Budget but people will reject it. He claimed the Bharatiya Janata Party was going to elections, scheduled in five states, not with their performance or with the promises and assurances to the people, but solely "with the agenda of dividing the country and bringing Hindutva back to power".
'The market will focus on the fact that India does have strong earnings growth this year.'
The writing has been on the wall for some time and it showed up prominently during the festival-season sales last year, when Meesho toppled Amazon to become the second-largest player in order share. During the sales season, 60 per cent of the orders Meesho received were from tier-4 cities and beyond. According to a report by consulting firm Redseer, festival-season sales last year were driven primarily by tier-2 and tier-3 cities, with 64 per cent of the shoppers coming from those.
More than 70 per cent of Indian youth aged between 15 and 29 can't!
There is a need for stimulus, as India is essentially a consumption economy, argues Cargill India chairman Siraj Chaudhry
'There is a need for stimulus, as India is essentially a consumption economy.'
Every patriot should learn from our history and recognise that celebrating size will neither negate nor obscure the huge economic challenges that India faces, asserts Rathin Roy.
A Rs 2 health insurance scheme for rural India and a project on empowering cooperative banks through effective application of information technology -- ideas that looked at tackling such problems received the thumbs-up from the jury of the Business Standard B-school Award 2012 held here on Tuesday.
In the coming few weeks, agriculture markets in North and Central India will be full of wheat, mustard, and chana - the three main rabi crops grown in these parts. Not only will the price trajectory of these determine the course of food inflation in the months to come, but it could also have a wider impact on the rural economy in the main growing states for these crops. Wheat and chana are largely grown in Madhya Pradesh (MP).
Analysis of the results for the 2008-09 financial year, done by the Business Standard Research Bureau for over 1,200 companies, suggests that companies across a range of sectors continue to do badly, with stagnant or declining sales and with profit margins under continuing pressure.
It may sound bizarre, but incidents of public sector bankers dying by suicide could probably equal the number of such bankers quitting their jobs, reveals Tamal Bandyopadhyay.
The National Medical Commission has allowed graduates back from Ukraine to complete internships in India, but more concessions to accommodate students will require tweaks in the NMC Act.
'He needs to score runs and score pretty consistently. He hasn't done that in the IPL or in any T20 internationals.'
Pushpal Shinde now earns some Rs 50,000 a month.
Nearly a decade ago, the first fully electric vehicle (EV) caught fire on the road in the US. It was a model from Tesla, the world's most admired EV maker. A metal fragment punctured the underbelly of the vehicle, penetrating its battery pack, leading to a fire. Indian lawmakers and automakers have had nine years to study the incident (in fact, three Tesla Model Ss caught fire in two months in 2013) but seem to have learnt little.
Modi noted that his interaction with Kovind, a long time BJP member before being appointed first as Bihar governor and then President, goes beyond his presidency.
Reservation should not continue for an indefinite period so as to become a "vested interest" and the vision of the framers of the Constitution that there should be a "time span" for such quotas has not been achieved, the Supreme Court said on Monday in its majority judgment while upholding the EWS quota.
While weather forecasters remain divided on how the monsoons will play out in India over the next few months, analysts believe the news at the current juncture - at best - can trigger a knee-jerk reaction in the markets. They believe it is too early to say whether the sub-par monsoon on account of El Nino can seriously dent the market sentiment in the short-to-medium term. "These are just initial forecasts and we will have another round / status update from the weather forecasters a month down the line.
'Some of his ministers have performed abysmally, and Bommai has faced an unwanted campaign of religious polarisation imposed by national BJP leaders.'
The overall tally of six gold, five silver and 14 bronze medals at the end of day six put the country in 8th spot in the table with China leading the pack by quite a distance, having already crossed the 100-mark.
The present happenings in Manipur are the wages of continued neglect, and not so benign at that, of a vital region and its people. Had we lavished on the North East even a fraction of the care and resources we do on Kashmir, things would not have come to this pass, asserts Shreekant Sambrani.
Amid criticism over the formation of foam in the Yamuna -- a sign of its hazardous water quality -- the Delhi government on Tuesday deployed 15 boats to remove the froth with the help of ropes.
The price of bitcoin, the bestselling cryptocurrency, has shrunk nearly three times this year to mark the fate of such digital assets. Crashing prices, regulatory uncertainty and taxes have put Indian crypto exchanges in troubled waters. Finance Minister Nirmala Sitharaman's budget for FY23 announced a 30 per cent tax on any income from the transfer of virtual digital assets.
'Investors need to have a fairly diversified basket of funds within equities.' 'We want them to allocate to largecap funds, midcap funds and flexicap schemes.'
The Supreme Court on Friday suggested that the Centre assist the medical students who had returned to the country from Ukraine in view of the war with Russia by creating a web portal giving details of the foreign universities, where they could complete their courses as per the government's academic mobility programme.
Avatar: The Way of Water feels like a poorly chosen present -- the wrapping is beautiful, but the gift inside is a disappointment, observes Mayur Sanap.
Hippocampus Learning Centres bridges urban-rural gap through affordable, quality pre-schooling for kids.
Aam Aadmi Party's Gujarat unit chief Gopal Italia was on Thursday detained by the Delhi police after he appeared before the National Commission for Women (NCW) for his alleged comments against Prime Minister Narendra Modi amid protests by party members outside the women's panel's office in New Delhi.
The Tata group companies are now more valuable than all the listed central public sector undertakings (CPSUs) or companies in the country. The key 20 listed Tata companies ended the 2021 calendar year with a combined market capitalisation of Rs 23.36 trillion, ahead of the 70 listed CPSUs, which had a combined m-cap of Rs 23.2 trillion. In comparison, these CPSUs had a combined market capitalisation of Rs 16.7 trillion at the end of December 2020 against the Tata group firms' combined m-cap of Rs 15.7 trillion.
India's Right-wing has sought to own our democracy by making itself appear the stuff of majority, and sometimes, a national ethos older than the Constitution on which our democracy is based, argues Shyam G Menon.
Party leader Rahul Gandhi dubbed the Union Budget as a 'zero-sum budget', saying it has nothing for the salaried, middle class and the poor.
The former Union home minister claimed that the provisions in the bill can be misused as the police can arrest and take fingerprints and DNA samples of even those who are taking part in political rallies.
According to poll observers, there are about 3.88 lakh voters in Rampur assembly constituency and of them, about 2.27 lakh, about 60 per cent, are Muslims.
The Indian Railways has decided to not cancel any more passenger trains to accommodate more freight traffic for coal transport. It will also gradually restore the ones it cancelled recently. The national transporter is of the view that coal supply is now reaching normative levels and does not need any more special measures. "Early data suggests that coal supply has stepped up since the passenger trains were cancelled.
A trial court in Tamil Nadu's Kumbakonam on Tuesday convicted international antique dealer Subhash Chandra Kapoor and five of his accomplices to 10 years imprisonment in the Udayarpalayam burglary and illegal export of 19 antique idols valued over Rs 94 crore to the Art of the Past Gallery, New York, USA, the state idol wing CID said on Tuesday.
Rich or poor, unsophisticated or well-heeled, most Indians have little compunction about observing the conventions or rules of public behaviour.
Paine has come under fire for a verbal duel with Ashwin when the Indian held vigil with an injured Hanuma Vihari to eke out a draw for his team
When there is a state government committed to development, it is important that Mumbai has a civic body that, too, shares that goal, Modi said.
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