Left to its machinations, the BJP would have loved to cut Nitish down to size, but it can't afford to do so as the JD-U is in alliance with the BJP at the Centre, and cannot form a government on its own in Bihar. For now, both need each other: Nitish for legitimacy, the BJP for numbers, points out Ramesh Menon.
The BJP's MoSha leadership are past masters in encouraging defections from their allies if it helped their party capture the chief minister's chair. In Bihar, they are not sure if JD-U MPs and MLAs would be willing to cross over to the BJP if the Nitish leadership came on top -- and the NDA crossed the halfway mark together, observes N Sathiya Moorthy.
More than 25 crore workers engaged in sectors ranging from banking, insurance, postal to coal mining, highway and construction are expected to go on a nationwide general strike on Wednesday, potentially disrupting services across the country. A forum of 10 central trade unions and their associates has called for a general strike or 'Bharat Bandh' to "oppose the anti-worker, anti-farmer and anti-national pro-corporate policies of the government".
Samajwadi Party chief Akhilesh Yadav likened Uttar Pradesh Chief Minister Yogi Adityanath to an infiltrator, saying he is from Uttarakhand and should be sent back to the state. Yadav also criticized the BJP's governance and alleged injustices against Dalits and backward communities.
The Enforcement Directorate has summoned Reliance Group Chairman Anil Ambani for questioning in a money laundering case linked to alleged bank loan fraud.
An e-auction of over 1,300 items gifted to Prime Minister Narendra Modi has begun, featuring items such as a statue of Goddess Bhavani, an Ayodhya Ram Temple model, and sports memorabilia from the 2024 Paralympic Games. Proceeds will go to the Namami Gange project.
>It's not easy to predict the market. But there are at least two positive factors to back the PSU banks, explains Tamal Bandyopadhyay.
The Enforcement Directorate questioned Robin Uthappa for over eight hours and recorded his statement in a money laundering case linked to online betting app.
Cloudbursts and heavy rains caused widespread destruction in Dehradun and surrounding areas, leaving people stranded and causing damage to infrastructure.
Cloudbursts and heavy rains overnight left a trail of destruction in Uttarakhand's capital Dehradun and its neighbouring areas on Tuesday, sweeping away at least five people and leaving more than 500 stranded in different locations.
Senior bankers anticipate discussions on issues related to technology, cyber security, and customer protection.
An analysis of the upcoming Bihar elections, focusing on the key players, alliances, and issues that will shape the outcome. The article examines the strength of the ruling NDA coalition led by Nitish Kumar and the challenge posed by the RJD-led Mahagathbandhan, as well as the potential impact of Prashant Kishor's Jan Suraaj Party.
The Reserve Bank of India's (RBI's) draft guidelines on gold loans, if implemented in their current form, are expected to impact non-banking financial companies (NBFCs) and mid-tier banks in the near term, more significantly than larger banks, according to analysts.
Yuvraj Singh on Tuesday appeared before the Enforcement Directorate (ED) for questioning in a money laundering case linked to an online betting app named 1xBet.
Among other demands, the unions are also seeking immediate introduction of five-day week in full and reduction of cash transaction hours and regulated working hours.
Home Minister Amit Shah stated in the Rajya Sabha that the terrorists responsible for the Pahalgam attack were killed in Operation Mahadev. He also criticized the Congress party's stance on national security.
Stock Market News today, PSU banks: The year 2024 was a roller-coaster ride for Indian stock markets, marked by volatility driven by the Lok Sabha elections, Union Budget 2024, a slowdown in corporate earnings, and sticky inflation. Geopolitical tensions - particularly between Israel and Iran in West Asia - along with various stimulus announcements by China and yen carry trade rocked the equity markets throughout the year.
'The universe of PSU stocks is huge and diverse.' 'Investors should bet on specific sectors and stocks from the basket as most of them may continue to consolidate after years of outperformance.'
The United Forum of Bank Unions (UFBU), an umbrella body of nine unions, has given a call for a two-day strike from December 16 to protest against the proposed privatisation of two state-owned lenders. In the Union Budget presented in February, Finance Minister Nirmala Sitharaman had announced the privatisation of two public sector banks (PSBs) as part of its disinvestment plan. The government has already privatised IDBI Bank by selling its majority stake in the lender to LIC in 2019 and merged 14 public sector banks in the past four years.
'Given the lag in transmission, further softening of lending rates may happen in the coming months.'
The Congress party has accused Union Minister Nitin Gadkari of conflict of interest, alleging his sons' companies have benefited from the government's ethanol blending policy. The BJP has rejected the allegations.
From the 30-share blue-chip pack, Adani Ports jumped over 5 per cent. NTPC, Tata Steel, Bajaj Finserv, Zomato, Bajaj Finance, Tata Motors, State Bank of India, IndusInd Bank and Maruti were among the other big gainers. From the 30-share pack, Hindustan Unilever, Titan, Tata Consultancy Services, Infosys and UltraTech Cement were the other laggards.
GST 2.0 may cushion consumers against US tariffs, but like the 2019 corporate tax cut, it risks being another tactical fix rather than a structural growth strategy, expects Debashis Basu.
Chhonzin Angmo became the first visually-impaired woman from India to plant the Tricolour on Earth's highest mountain.
A profile of B Sudershan Reddy, former Supreme Court judge and Opposition's vice presidential candidate, highlighting his career, judgments, and contributions to constitutional law.
Assam Chief Minister Himanta Biswa Sarma said on Saturday that lookout notices have been issued against North East India Festival organiser Shyamkanu Mahanta and Zubeen Garg's manager Siddharth Sharma in the singer's death case.
Glimpses from around the world that will make you smile and cry.
India is aiming to become a global hub for green hydrogen exports, eyeing nearly 10 per cent of the worldwide demand by 2030, Union Minister Shripad Yesso Naik said on Tuesday. Addressing FICCI Green Hydrogen Summit 2025, the minister said 8.62 lakh tonne annual hydrogen production capacity has been awarded to 19 companies.
They said a 'mock poll' would be conducted in the Central Hall of the Samvidhan Sadan at around 2:30 PM on Monday after the briefing on the procedure to vote in the vice presidential polls.
The stage is set for a direct contest between NDA nominee C P Radhakrishnan and joint opposition candidate B Sudershan Reddy for the vice-presidential election. The BJP-led alliance has a clear edge in the poll necessitated due to the sudden resignation of Jagdeep Dhankhar.
At times, this stress reaches a tipping point, resulting in tragedy. 'Organisations need to empower their people managers to foster psychological safety, where employees feel seen, heard, and supported -- not just as professionals, but as people navigating the pressures of work and life.'
The changes will take effect on March 28, with portfolio adjustments expected before the market closes on March 27.
'Are there other ways to reduce the energy airconditioners consume?' asks Ambi Parameswaran.
The Indian government has provided assurances to Belgian authorities regarding the prison conditions awaiting Mehul Choksi if he is extradited. The details focus on meeting European standards for humane treatment and addressing concerns about overcrowding and solitary confinement.
The stage is set for a direct contest between NDA nominee C P Radhakrishnan and joint opposition candidate B Sudershan Reddy for the September 9 vice-presidential election. Nominations have been scrutinized and accepted.
Equity benchmark indices Sensex and Nifty ended lower on Thursday after US President Donald Trump announced the imposition of a 25 per cent tariff on all goods coming from India starting August 1 and an unspecified penalty for buying Russian crude oil and military equipment.
Tokhan Sahu, a first-time member of Parliament and a surprise addition to Narendra Modi's new cabinet, has been active in politics for the past three decades, though he has maintained a low profile throughout his career.
Individual banks should break away from the industry pact and have their own settlements with the unions, recommends Tamal Bandyopadhyay.
As the fight for deposits intensifies, the cost of money will rise and the margin will be under further pressure, points out Tamal Bandyopadhyay.
The MiG-21 episode demonstrates that procurement is always strategic.
Choices about what aircraft to acquire, who builds them, who supplies the spares, who trains the pilots and technicians are decisions with political consequences lasting for decades.
