Noted constitutional expert Fali Nariman has advised Gandhian Anna Hazare to refrain from sitting on fast again to press for his demands pertaining to the Jan Lokpal Bill.
Notwithstanding the robust turnaround in the financial performance for the June quarter (Q1FY24), stocks of state-run oil marketing companies have been in a downtrend in the last month. The fall comes on a rise in crude oil prices that have surged to a 7-month high of $88 a barrel. A busy political calendar in the months ahead that may see the government keep a lid on auto fuel prices is also a dampener, analysts said. Shares of Hindustan Petroleum (HPCL), Bharat Petroleum (BPCL) and Indian Oil (IOC) have shed 9-11 per cent since their respective earnings announcement between July 26 to August 4.
The government on Tuesday introduced a constitutional amendment bill reserving 33 per cent seats for women in the Lok Sabha and state assemblies, reviving a proposal pending for years and blending history, politics and societal imperatives on the first day in the new Parliament building.
The March quarter (Q4) of the ongoing financial year (FY23) may see cement companies report better financial numbers as input costs ease, pricing action resumes, and cement demand remains firm. While companies have been cautiously optimistic about their outlook, analysts and sector experts remain bullish. In its latest report on the cement sector, brokerage IDBI Capital said that it expected earnings before interest, tax, depreciation, and amortisation (Ebitda) per tonne for cement companies to improve by Rs 200-300 sequentially in Q4.
United States President Barack Obama's proposed visit to India in January next year is a great opportunity to strengthen and expand bilateral strategic partnership, top American administration officials and experts have said.
Musharraf had deposed Supreme Court Chief Justice Iftikhar Muhammad Chaudhry and other judges after he imposed emergency in November 2007. The judges had challenged the constitutional validity of the emergency imposed by him. Musharraf had replaced the judges with a hand-picked judiciary, who also validated his re-election as president.
'We wanted the PM to speak, and he just refused to -- now we have the opportunity, not just in the Lok Sabha, but also in the Rajya Sabha, to lay the government on the mat.'
A prudent guideline for self-employed individuals is to target at least 10 to 15 times their actual annual income when determining life insurance coverage.
'We cannot accept that this incident was not in the knowledge of the home ministry.' 'If they had no knowledge about this incident, then it is a big intelligence failure as the Union home ministry has no idea what is going on in Manipur and what the state police is doing.'
The blast occurred on Tuesday evening at Himachali Rasoi restaurant, known for serving Himachali cuisines, located in Middle Bazaar adjacent to the fire brigade office in the heart of the city.
Lok Sabha Speaker Om Birla on Wednesday said a "new tradition" of levelling allegations and counter-allegations being observed in Parliament and state Assemblies these days is not proper for the country's constitutional democracy, and stressed the need for constructive debate and discussion in Houses to make democracy "lively and active".
The main Opposition BNP of former premier Khaleda Zia, 78, who is under house arrest, is boycotting the elections amidst violence.
The Supreme Court on Thursday ordered setting up of a six-member committee headed by former apex court judge Justice A M Sapre to investigate the recent Adani group shares crash triggered by the Hindenburg Research's fraud allegations and other regulatory aspects related to stock markets.
Instead of only focusing on the tenure for which the best interest rate is available, investors should also focus on their own investment horizon.
West Bengal Chief Minister Mamata Banerjee on Monday said that the Bharatiya Janata Party might conduct the Lok Sabha polls in December itself, claiming that all choppers have been booked by the saffron party for campaigning.
The video, which drew widespread condemnation, shows the men constantly molesting the two helpless women, who cry and plead with their captors to spare them the horror.
The officials said the members of the South Lobby, which wanted to swing the policy in its favour with exorbitant profits for liquor wholesalers, had stayed in the hotel in the national capital from March 14 to 17 in 2021 and used its business centre to make photocopies of some documents.
The 10-month-long timeline in the hijab ban case.
With the Left deciding to snap ties with the United Progressive Alliance, President Pratibha Patil will face her first real test on whether to ask Prime Minister Manmohan Singh to seek a trust vote in Parliament or not.Patil, 72, will find herself in the spotlight at the end of a fortnight-long political manoeuvering and intense speculation on whether the Manmohan Singh government will have the numbers to survive a floor test.
At a time when the market is betting on a 'higher for longer' global interest rate view, Accenture's (ACN) weak revenue forecast is a negative read-through for the Indian IT firms, according to analysts. The Dublin-based company sees its revenue growth at 2-5 per cent in constant currency (cc) for the financial year 2024 (FY24), below the pre-Covid levels of 5-8 per cent for FY17-20. The weak projection, thus, signals that slower demand is likely to persist this year, and any recovery is unlikely in the near-to-medium term, experts note.
The Aam Aadmi Party MLAs spent the night in the state legislative assembly building demanding copies of the Bill which the state's Congress government is now expected to introduce on Tuesday.
The shift to a shorter T+3 settlement cycle for initial public offerings (IPOs) will be a big test of the domestic market structure, requiring players in the ecosystem to work harder to meet the squeezed timelines, according to industry insiders. The Securities and Exchange Board of India (Sebi), has announced that the transition to the T+3 cycle will be voluntary starting next month and mandatory from December 1. The new mechanism will necessitate quicker confirmations from banks and speedy verification of permanent account numbers (PANs) for all applicants.
A division bench of Chief Justice D K Upadhyaya and Justice G S Kulkarni said while it was not going to order a ban on bursting of firecrackers, a balance needs to be struck considering the deteriorating air quality index (AQI) in the metropolis.
Investors looking for a fixed-income product that is free of credit risk may invest in these bonds.
Investment growth moderated slightly in the economy during the first quarter (Q1) of the current financial year (2023-24, or FY24), notwithstanding the front-loading of capital expenditure (capex) by the Centre. This was also the case despite a pick-up in demand during the period after two dismal consecutive quarters. Although growth in gross fixed capital formation (GFCF), representing investment, fell to a five-quarter low of 7.96 per cent, the comparison with the first two quarters of the previous year is a bit askew due to the low year-on-year (Y-o-Y) base of those periods.
Overburdening of hills with construction coupled with saturation of soil and seepage seem to be responsible for landslides in Shimla city, said Principal Scientific Officer, Himachal Pradesh Council for Science Technology and Environment (HIMCOSTE) S S Randhawa.
'No human bias is involved as happens in active funds.'
While politicking has gone quiet, there is a raging debate on whether the Governor acted in haste or were his actions in accordance with law.
TVS Motor Company has been one of the best-performing two-wheeler stocks in the current financial year (FY24), enriching investors with gains of 24 per cent. Among listed two-wheeler stocks, only Hero MotoCorp has done better in this period. New launches, market share gains, steady margins and expectations that its performance will continue in FY24 are expected to support TVS Motor's stock.
The 1977-batch Indian Foreign Service (IFS) officer took oath in English after which he greeted the Chairman and other members present in the House.
The Securities and Exchange Board of India (Sebi), the market regulator, has said, in a submission to the Supreme Court, that it is "enquiring" into the allegations made by American short-seller Hindenburg Research against the Adani Group of companies and its impact on the markets. In the same matter, the central government has agreed to form an expert committee to strengthen the regulatory regime in order to ensure that market investors are protected. The Supreme Court had last week suggested an expert committee to look into the allegations and had asked the Centre for its response.
Friends and colleagues pay rich tributes to the "charming, approachable, and very accessible" Indian Constitution scholar Granville 'Red' Austin.
A letter by Atiq Ahmed with instructions to send it to the Uttar Pradesh chief minister and the Chief Justice of India in case of his death is being dispatched to them, the slain gangster-turned-politician's lawyer said on Tuesday.
A revealing excerpt from Mani Shankar Aiyar's fascinating new book, The Rajiv I Knew.
When the subscriber reaches superannuation or the age of 60, 60 per cent of the total corpus accumulated in NPS can be withdrawn as a lump sum.
Against the backdrop of the Eknath Shinde-led government winning the trust vote in the Maharashtra Assembly, Shiv Sena president and former chief minister Uddhav Thackeray on Monday alleged it was the Bharatiya Janata Party's ploy to finish his party, and challenged it to hold mid-term elections in the state.
The Supreme Court on Thursday asked the Sebi to probe within two months allegations of stock price manipulation by the Adani group and any lapses in regulatory disclosures, and also set up a panel to look into protection of Indian investors after a damning report by a US short seller wiped out more than USD 140 billion of the conglomerate's market value. The top court while directing the setting up of a six-member committee headed by former apex court judge Justice A M Sapre for the assessment of the extant regulatory framework and for making recommendations to strengthen the process said it was appropriate to set up such a panel of experts in order to "protect Indian investors against volatility of the kind which has been witnessed in the recent past". The court-appointed Justice Sapre panel, which will be provided assistance by the Centre and other statutory agencies including the Sebi chairperson, will have to submit its report in a sealed cover within two months, said the bench which comprised Chief Justice D Y Chandrachud and Justices P S Narasimha and J B Pardiwala.
More than ever before, women voters can make or mar a political party's electoral fortunes.
A team of Central Bureau of Investigation (CBI) officials, led by the agency's Special Director Ajay Bhatnagar, will reach Imphal in a special flight on Wednesday to investigate the 'kidnapping and killing' of two students who went missing in the northeastern state on July 6, sources said.
