The government on Thursday clinched a "broad consensus" on the contentious Land Acquisition Bill, paving the way for its consideration and passage in Parliament in the Budget Session which resumes on Monday after a month-long recess.
Hitting out at Congress leader Vijay Wadettiwar for indulging in a blame game over the MVA's defeat in the state assembly, Raut said those who don't believe in consensus and compromise have no right to be in an alliance.
The US Federal Reserve's interest rate decision is the biggest event that would drive sentiments in the domestic stock market this week, besides a host of macroeconomic data from the global front and trading activity of foreign investors, analysts said. The Indian equity market had an exceptional last week, with both the Nifty and Sensex hitting their all-time high levels on Thursday.
Top leaders of the Opposition's Maha Vikas Aghadi (MVA) alliance met in Mumbai late Tuesday night with indications that the seat-sharing arrangement for the November 20 Maharashtra assembly elections has been finalised.
BJP leader Sudhir Mungantiwar said the Mahayuti partners will meet Governor C P Radhakrishnan to stake a claim to form a government in the state.
The time is ideal for a 'Dream Budget' akin to the 1991 reforms that sparked high growth and unlocked significant gains in productivity, points out Rajeswari Sengupta.
Dr Reddy's Laboratories (DRL) share price plunged 6.66 per cent to Rs 1,203.50 per share on the NSE during Friday after analysts remained cautious on the company's Q3 performance and differed on its growth outlook. DRL's Q3 performance was viewed as subdued by some analysts when they adjusted it for one-time grants and incomes that the company received during the quarter.
Debunking the claim of Telangana Rashtra Samiti president K Chandrasekhar Rao that decision on the creation of Telangana state would be announced by the Centre by Dussehra, Union Minister Ghulam Nabi Azad on Friday said a decision will be taken only after arriving at a 'consensus'.
The Indian Army has commenced a verification patrolling at Depsang, the second friction point in eastern Ladakh, the government said on Saturday.
Former vice-president and senior Bharatiya Janata Party leader Bhairon Singh Shekhawat on Wednesday said he will not contest against the party's prime ministerial candidate Lal Kishanchand Advani, but left himself open to being a consensus candidate. Shekhawat, who had earlier said he may contest the next Lok Sabha polls, was asked if he could be a consensus candidate should the National Democratic Alliance led by Advani failed to attract enough MPs.
With several names doing the rounds for the presidential election, the Bharatiya Janata Party leader Mukhtar Naqvi on Friday said there should be a consensus on the candidate.
Shrikant Shinde on Monday said the swearing-in ceremony of the Mahayuti coalition government has been a bit delayed, and currently there are lot of discussions and rumours.
The Union Cabinet on Wednesday approved the proposal for 'one nation, one Election' as recommended by the Kovind panel, Union minister Ashwini Vaishnaw said on Wednesday.
Under attack from some states on the National Counterterrorism Center issue, Prime Minister Manmohan Singh on Tuesday said consensus-building was the only way forward and vices like terrorism need to be tackled together by the Centre and states.
Although UltraTech Cement's results for the December quarter of the current financial year (Q3FY25) were not an improvement compared to Q3FY24, the company managed to surpass Street expectations. The company's profit attributable to the owners of the parent dropped 17.4 per cent year-on-year (Y-o-Y) to Rs 1,469.5 crore in Q3FY25 as against Rs 1,777 crore in Q3FY24.
'I had to persuade him. I think he was a sceptic to begin with, but later on he was convinced that what we were doing was the right thing to do, that there was no other way out.'
India needs to address Bangladesh's longstanding concerns to improve bilateral ties between Dhaka and New Delhi, Hossain said adding: Bangladesh's previous (ousted) government addressed the concerns of India, but India did not address Bangladesh's concerns.
According to a top ICC source, the decision was more or less finalised during an informal meeting between the body's new president Jay Shah and the Board of Directors, including Pakistan, at its headquarters in Dubai on Thursday.
India supports dialogue and diplomacy and not war, Prime Minister Narendra Modi said at the Brazil, Russia, India, China, South Africa (BRICS) Summit in Kazan, Russia on Wednesday, in an unambiguous message calling for resolution of the Russia-Ukraine conflict through peaceful negotiations.
Gold price outlook 2025: Gold prices that have climbed over 30 per cent so far in 2024 to Rs 7,300 per gram in the Indian markets (up 28 per cent in dollar terms till November-end), are set for their best calendar year performance in 10 years, suggests a recent report by World Gold Council (WGC). However, this stellar run, analysts believe, may not carry through till the end of 2025 in the backdrop of economic and geopolitical headwinds.
The Samajwadi Party, RJD and some other parties do not favour the bill in its present form.
Aligarh Muslim University is not a minority educational institution, Supreme Court's Justice Dipankar Datta said on Friday and noted had it not been a "race against time" he would have articulated better in his dissenting opinion. The judge also flagged a non-exchange of ideas and opinions in a "true democratic spirit" to build a consensus.
Vishvaraj Singh Mewar, the newly anointed titular head of the erstwhile Royal family of Mewar, visited the Eklingnathji temple and Udaipur City Palace to complete his father's mourning rituals. The visit to the city palace was met with a deadlock as the property is under the control of his uncle Arvind Singh Mewar, who warned of legal action on trespass. However, after a consensus was reached, Vishvaraj Singh and four others were allowed to enter the palace premises for darshan. The visit comes after violent clashes in the city following the coronation ceremony of Vishvaraj Singh in Chittorgarh fort.
India would like to see a consensus that builds on essentially the ideas that the then prime minister Rajiv Gandhi put forward of a nuclear weapon free world --moving towards it in pre-determined, verifiable time frame.
The Mahayuti alliance in Maharashtra, comprising the BJP, Shiv Sena, and NCP, will decide whether only the chief minister and deputy CMs will take the oath of office on December 5, or whether ministers will also be sworn in. The swearing-in ceremony is scheduled for the evening at Azad Maidan in south Mumbai, with Prime Minister Narendra Modi attending. While BJP sources have indicated that Devendra Fadnavis is the frontrunner for the chief minister's post, the BJP legislature party leader is yet to be appointed. NCP chief Ajit Pawar has stated that the chief minister will be from the BJP, with deputy CMs from the Shiv Sena and NCP. The Mahayuti alliance secured a landslide victory in the assembly elections, winning 230 seats out of 288. The government formation has been delayed due to disagreements on the chief minister's position.
The gig economy market is expected to grow at a compound annual growth rate (CAGR) of 17 per cent to reach a gross volume of $455 billion by the end of 2024, according to a white paper by The Forum for Progressive Gig Workers. Estimates suggest the gig economy has the potential to create 90 million jobs and add 1.25 per cent to India's GDP (gross domestic product) over time.
Coal India's (CIL's) revenue for the first quarter of 2024-25 (Q1FY25) came in at Rs 36,500 crore, up 1 per cent year-on-year (Y-o-Y) and down 3 per cent sequentially, which was in line with consensus. The blended average selling price was Rs 1,687/tonne, down 5 per cent Y-o-Y and down 1 per cent Q-o-Q, which was below estimates. The adjusted operating profit (excluding overburden removal or OBR costs) stood at Rs 11,500 crore up 3 per cent Y-o-Y and up 17 per cent Q-o-Q, which beat the street. This was due to lower operating expenses.
During the meeting, it was reiterated that "restoration of peace and tranquillity, and respect for the LAC are the essential basis for restoration of normalcy in bilateral relations", it said.
The priority now is to work out a comprehensive plan for government formation.
India and China have agreed to take measures to further ease the situation at the borders while continuing to implement the October agreement to resolve the standoff in eastern Ladakh comprehensively. The two sides held the 32nd meeting of the Working Mechanism for Consultation & Coordination on China-India Border Affairs (WMCC) in New Delhi, agreeing to maintain communication through diplomatic and military channels and safeguard sustainable peace and stability in the border areas. This meeting follows the October 21 agreement between the two countries to resolve the over four-year-long military standoff in eastern Ladakh.
The Union government is expecting to rake in Rs 100-200 crore in additional revenue from Pillar Two, only under specific circumstances, a senior finance ministry official said requesting anonymity. It is proceeding cautiously, and is unlikely to implement rules anytime soon, the source said.
India is trying hard to erase Indonesia's wariness about New Delhi, building security cooperation in the Indian Ocean and Pacific Ocean. If Indonesia decides to buy the Brahmos missile, it would further strengthen relations between the world's most populous nation and the most populous Islamic country.
Speaking to reporters in Delhi, Patole asserted there are no disagreements within the MVA, adding that discussions on seat-sharing were underway and would conclude soon.
Fast-moving consumer goods (FMCG) companies are expected to witness pressure on volumes in the October-December quarter. However, price hikes will help push up revenues, said brokerages.For India's largest engineering firm, Larsen and Toubro (L&T), the analysts expect a 20 per cent growth in consolidated revenue, and an 8.1 per cent core business Ebitda margin, up 40 bps from a year ago.
'Your relationship with your child is changing every single day, ditto your relationship with your parents.'
Government agreed to a key demand of the BJP, which had suggested that instead of acquisition, the land could be leased to developers so that its ownership will remain with the farmers and would provide them with regular annual income.
The discussions on the new Goa CM came to a halt after Maharashtrawadi Gomantak Party MLA Sudin Dhavalikar wanted to be the chief minister.
Shaktikanta Das will demit the office on Tuesday after completing six years as the 25th Governor of the Reserve Bank of India. Revenue Secretary Sanjay Malhotra will replace him as the 26th Governor. He was appointed as the Governor on December 12, 2018, after the abrupt exit of Urjit Patel.
Around six weeks ago, Sun Pharmaceutical Industries, India's largest drugmaker, suffered a setback, which led to a selloff in the share. The US District Court of New Jersey granted Incyte's request for a preliminary injunction against Sun Pharma's launch of Leqselvi, a drug that treats alopecia.
