The G20 declaration, which hit snags on the language to describe the Ukraine war, amounted to a 'coup' for host Prime Minister Narendra Modi though the final compromise statement reflected a stand far softer than those the United States and its Western allies have adopted on Russia, the world media said on Sunday.
Allahabad high court Chief Justice D Y Chandrachud has criticised the Uttar Pradesh government for putting the name of Justice (retd) Virendra Singh in the list sent to Supreme Court for appointment of Lokayukta, and also for "failing" to inform the apex court that a panel had "nearly reached" an understanding on a name.
'The longevity of the government is a doubt for me because when the going gets tough, there could a be a point in time where there might be pressure, from within the party or from the allies.'
24 hours was all it took for the Congress to overturn its decision to boycott the TV debates on the exit poll results. Sudhir Bisht offers an explanation.
Among the Sensex firms, Axis Bank, Power Grid, Maruti, State Bank of India, Tata Motors, ITC, Nestle and Mahindra & Mahindra were the major gainers. Bajaj Finance and Larsen & Toubro were the laggards.
The Congress on Monday said it welcomed the reported move as the party has been raising the demand for long.
Kakar, a lawmaker belonging to Balochistan Awami Party (BAP), will lead a caretaker government until a new election later this year.
The writing has been on the wall for some time. Exodus of senior leadership and growth behind its peers are reasons that have prompted Thierry Delaporte, the chief executive officer (CEO) of Wipro to resign, analysts said. Delaporte, Wipro's seventh CEO, also resigned without completing his five-year term, like his predecessor Abidali Neemuchwala decided to end his tenure prematurely in 2020. Phil Fersht, HFS Research CEO and chief analyst believes the change in leadership was at least six months overdue.
The Sena-UB has fielded popular wrestler Chandrahar Patil from Sangli despite the Congress announcing Vishal Patil's name from the same seat.
Sakshi Malik, one of the prominent faces of the agitation against former WFI chief Brij Bhushan Sharan Singh, welcomed the WFI's suspension.
Holding simultaneous elections to Lok Sabha and state assemblies would need at least five constitutional amendments and a large number of additional EVMs and paper-trail machines costing "thousands of crores of rupees", but will yield a huge long-term saving to the public exchequer, officials said on Friday.
In a big push to the production-linked incentive (PLI) scheme, the government has nearly doubled (increase of 81 per cent) the allocation in five key industry segments from Rs 8,405 crore in the Revised Estimate of FY24 to Rs 15,198 crore in the Interim Budget for FY25. The segments cover over eight PLI schemes, including mobile phones, IT hardware, pharma (PLIs for medical devices, intermediates and pharmaceuticals), food processing, telecom hardware and, auto and auto components. In FY24, DPIIT officials, however, said that the disbursements would be much higher at around Rs 11,000 crore than what has been budgeted for the year.
'The PM who is first among equals, who has to listen to others, take their point of view into account and who would have to be a good manager'
Information technology (IT) giant Wipro has a strong pipeline of large artificial intelligence (AI)-led deals in the health care vertical, according to a senior company executive. Health care stands as the third-largest vertical for Wipro, contributing roughly 14 per cent to the company's overall revenue. Moreover, while most other verticals reported negative growth, health care demonstrated robust growth of 9.9 per cent year-on-year and 7.5 per cent quarter-on-quarter in constant currency during the October-December quarter.
After much flip-flop, the Congress decided to form an alliance with the Bharat Adivasi Party (BAP) and the two parties fielded their joint candidate -- Rajkumar Roat. However, the Congress candidate, Arvind Damor, whose name was announced before the stitching of the alliance, has refused to withdraw his nomination.
It will be in Modi's interest to reinvent his party, read the writing on the wall that voters wrote, and move ahead. He has little choice now. The country is watching, asserts Ramesh Menon.
The MEA said the two sides shared their perspectives on the matter in the talks held in a friendly and cordial atmosphere.
The silver lining for India's presidency is likely to be the support by almost all G20 countries to its proposal to include the African Union as a permanent member of the bloc that has emerged as perhaps the most influential multilateral forum after the United Nations.
The sharp jump in shares of Kalyan Jewellers (Kalyan) has surprised many on the Street; however, analysts believe more steam could be left in the stock as the Thrissur-based gold retailer pivots to a new asset-light network expansion model. Kalyan's stock has surged 62 per cent in the past month, even as the S&P BSE SmallCap Index has gained just 5 per cent. In its latest business update, the company said its consolidated sales grew more than consensus expectations at 31 per cent year-on-year, led by strong domestic sales regardless of the volatility in gold prices.
In a statement issued on Saturday, Austin said that the US and the UK also received support from Australia, Bahrain, Canada, Denmark, the Netherlands and New Zealand in conducting the additional strikes.
The fast-moving consumer goods (FMCG) sector has underperformed the Nifty over the past year as its 20 per cent return is trumped by 29 per cent of the benchmark index. The FMCG index saw a 2.2 per cent drop in the last session, while the Nifty lost 1 per cent. FMCG is seen as a defensive segment. The demand for staples like personal care products, groceries and snacks tend to be stable. FMCG companies are consistent dividend-payers.
India on Saturday pulled off a big diplomatic win after the G20 summit held under its presidency adopted a consensus declaration overcoming major differences on the Russia-Ukraine war, as Prime Minister Narendra Modi called for ending the "global trust deficit".
Some Ukrainian athletes see their nation's current blanket ban on competing against Russians and Belarusians -- regardless of the flag athletes from those two countries compete under -- as a self-inflicted wound damaging sports stars' careers.
'In Western UP, last time a lot of Dalits voted for the BJP.' 'This time, there is a rethink among Dalits about the extent of their support for the BJP.'
The biggest question looming over the summit is whether there will be a joint leaders' declaration in view of the sharp differences between the West and the Russia-China combine on the text to describe the Ukraine conflict in the document.
Farmers will march towards Delhi on Tuesday after a meeting with two Union ministers over their demands, including legal guarantee to minimum support price (MSP) for crops, remained inconclusive.
Asked about the anti-American demonstrations in Pakistan, US State Department spokeman Richard Boucher said: "Pakistanis and others certainly have the right to demonstrate and express their political beliefs."
Certain changes in the past two or three years could have a long-term structural impact on the IT services market.
The ruling Bharatiya Janata Party-Shiv Sena-Nationalist Congress Party alliance and the opposition Maha Vikas Aghadi are facing multiple problems in Lok Sabha seats like Sangli, Madha and Satara in western Maharashtra due to political dynasties, old rivalries and one-upmanship, prompting a flurry of meetings before five phase polls begin in the state on April 19.
Jharkhand keeper-batter Ishan Kishan's reluctance to play first-class cricket and focus only on the IPL could prompt the BCCI to make a minimum number of Ranji Trophy games mandatory for players in order to be eligible for the cash-rich league's lucrative auction pool.
'The prime minister took a meeting recently and he asked for suggestions and ideas for a plan till 2047.'
Government announcements for the building of new roads, railways, and other capital expenditure (capex) projects may have hit an all-time low, according to numbers for the December quarter.
...Even if it means less democracy, so that their everyday problems get solved? argues R Jagannathan.
'It makes sense to have gold in one's portfolio keeping the political and economic risks of 2024 in mind.'
The government may not be able to put in place the Digital India Act, which aims to replace over 23 years old IT Act 2000, before the next general election, as there is not much time left for extensive consultation, Minister of State for Electronics and IT Rajeev Chandrasekhar said on Wednesday. While speaking at the Global Technology Summit 2023, the minister, however, said the rules for the Digital Personal Data Protection Act will be out later this month for consultation and are expected to be notified by the end of December or early January. Chandrasekhar said the existing IT Act doesn't even have the word internet, and there is a consensus that it can be safely superseded and replaced.
"Frequent elections not only impose a huge burden on human resources but also impede the development process due to the promulgation of the model code of conduct. Therefore, a sustained debate is required on the subject of simultaneous elections and all political parties need to arrive at a consensus on this issue," he had said.
'Another term for the government under the prime minister would likely be a step forward on the path to Hindu Rashtra.' 'No question of going back or any slowing down.'
Morgan Stanley has increased the target prices of certain information technology (IT) stocks by as much as 29 per cent, anticipating an improvement in earnings in the near future. Within the IT and engineering research and development (ER&D) services sector, it is now more optimistic about growth and margin estimates for 2024-25 (FY25).
Global trends, macroeconomic data, and the outcome of the US Fed policy meeting are the major factors that will drive the movement in the domestic equity markets this week, analysts said. "In the upcoming data-centric week, the focus will be on crucial releases, including inflation data from India and the US. "Indian inflation is expected to rise, while US inflation will remain steady.
After a sharp fall in the share prices of HDFC Bank and other private sector lenders in the past three days, the BFSI (banking, financial services and insurance) sector weighting in the Nifty50 has slipped to a seven-year low of 32.03 per cent, down from nearly 36.6 per cent at the end of March 2023 and 34.5 per cent at the end of December 2023.
