Stock markets will be driven by domestic inflation data, ongoing quarterly earnings from corporates and global trends this week, analysts said. News flows around the general election would also be tracked by investors, market experts said.
Rajnath came down heavily on the National Conference-Congress alliance over its poll promise of restoring Article 370 and said it is impossible as long as the BJP is there.
'The 2020 assembly election was a Tejaswi Yadav election; whereas this is a Lalu Yadav election. It is his plan.'
A total of 4,140 candidates were left in the fray for 288 Maharashtra assembly seats after the deadline for withdrawal of nominations ended on Monday, a poll official said.
The development came just days after West Bengal Left Front chairman and CPI-M Politburo member Biman Bose in a change of stance had said the party is ready to join hands with Trinamool Congress to fight the BJP at the national level.
Equity markets will take cues from global trends and trading activity of foreign investors, while in the latter part of the week the first quarter earnings from IT majors TCS and HCL Technologies would guide investor sentiments, analysts said. Markets may consolidate after the record rally last week, experts added. "On the domestic front, the Q1 earnings season begins this week. Key companies such as TCS and HCL Technologies will release their earnings on July 11 and 12, 2024, respectively.
The US Fed interest rate decision, domestic inflation data and global trends would be key driving factors in dictating movement in the market this week, as the Lok Sabha elections outcome and the RBI policy decision are behind us, analysts said. The past week was a roller-coaster ride for investors as markets swung sharply in both directions before closing with strong gains.
'The RJD is a family centric party and its top leadership's main concern is only to promote the family.'
The Reserve Bank of India on Friday retained its projection for retail inflation at 4.5 per cent for the current fiscal assuming a normal monsoon, while emphasising that uncertainties related to food price outlook warrant a close monitoring. Consumer Price Index (CPI)-based retail inflation has been projected at 4.5 per cent with quarter-wise projections at 4.9 per cent in Q1 (April-June), 3.8 per cent in Q2, 4.6 per cent in Q3, and 4.5 per cent in Q4.
The Bharatiya Janata Party announced on Saturday that Navya Haridas, a two-time councillor in the Kozhikode Corporation, will be the National Democratic Alliance candidate for the Wayanad Lok Sabha by-election.
Retail inflation eased to an 11-month low of 4.83 per cent in April as prices of some kitchen items declined though overall food basket firmed up marginally, according to a government data released on Monday. The Consumer Price Index (CPI)-based retail inflation was 4.85 per cent in March. It was 4.7 per cent in April 2023.
There was a protest in the university demanding Gandhi's resignation as the chancellor and the students decided to walk down to her residence and paste a memorandum demanding her resignation on the door.
Former West Bengal chief minister and a front-ranking Marxist leader Buddhadeb Bhattacharjee will go down in the country's history as a pragmatic communist who kept aside his ideological convictions to woo capital for the industrialisation of his state.
Benchmark Sensex hit the historic 83,000 level for the first time on Thursday and the Nifty settled at a lifetime high after a rally in blue-chip shares, surge in global markets and foreign fund inflows. A sharp fag-end rally drove the 30-share BSE Sensex to the 83,000 level for the first time. The barometer surged 1,593.03 points or 1.95 per cent to hit its lifetime intra-day peak of 83,116.19 in the last hour of trade.
Even as parleys continue in both states, the grand old party is expected to contest less than 110 seats in the November 20 polls for the 288-member Maharashtra assembly.
Although the company has shown willingness to talk to its workers and accept their key demands, it is CITU that is causing a roadblock to a solution.
The Opposition Congress alleged that the blast, which occurred around 1 am according to the police, happened during the manufacturing of country-made bombs by some CPI-M supporters.
Eighteen more people lost their lives after allegedly consuming illicit liquor in dry Bihar's Siwan and Saran districts, taking the toll in the tragedy to 24, officials said on Thursday.
Among Sensex firms, Tata Consultancy Services, HCL Technologies, Tech Mahindra, Infosys, Mahindra & Mahindra and Tata Motors were the biggest gainers. UltraTech Cement, JSW Steel, Tata Steel, Adani Ports, Power Grid and Bajaj Finserv were among the laggards.
After they met in New Delhi on Wednesday, June 5, 2024, INDIA bloc leaders decided to sit in the Opposition for now...
The Rashtriya Janata Dal, which had suffered decimation in the last general elections, was leading in five seats, out of 23 where it had fielded candidates.
'Logic, Research, Science Are Modi Government's Limitations.'
The Congress and the Bharatiya Janata Party have united in their demands, calling for the immediate resignation and arrest of P P Divya, a Communist Party of India-Marxist leader and district panchayat president, who leveled graft accusations against ADM Naveen Babu at his send-off function organised by colleagues at the Kannur district collectorate.
Opposition unity in the form of an alliance of all major opposition parties cannot be forged at the national level, the Communist Party of India-Marxist has said, adding that it can be gained only by adopting a joint stand on important political issues.
From Sensex firms, Tech Mahindra, Mahindra & Mahindra, Tata Motors, UltraTech Cement, Tata Consultancy Services, HCL Technologies, ICICI Bank and Tata Steel were the biggest gainers. Sun Pharma emerged as the only laggard.
'What matters is policies, not personalities like Priyanka, Rahul or Modi.'
'The strategy of frontal organisations of the Maoists is to create unrest and ensure that such unrest leads to a law and order problem.' 'To cover such acts it was necessary to bring in a different definition of unlawful activities which is different from the definition of unlawful activities in the UAPA.'
Wholesale inflation fell to a 4-month low of 1.31 per cent in August due to a decline in prices of vegetables and fuel, even though onion and potato prices spiked, according to official data released on Tuesday. Wholesale price index-based inflation fell for the second straight month in August after it hit a high of 3.43 per cent in May. Inflation in July was 2.04 per cent. In August last year, WPI inflation was (-) 0.46 per cent.
On the eve of Durga Puja in October 2008, industrialist Ratan Tata announced that Tata Motors would withdraw from the nearly completed Nano car plant in Singur, attributing the decision to Mamata Banerjee's anti-land acquisition movement, which he claimed had derailed what was meant to be a "groundbreaking project" -- the world's cheapest car.
An agitated Congress condemned the anti-party act of Thomas and said he will face stern action for violating the order of the high command.
The feisty TMC boss also accused the CPI-M of ruining her party's relationship with the Congress, its ally in the Opposition bloc INDIA at the national level.
Dr Nagesh Kumar, one of the three new MPC members, wanted the MPC to reduce the repo rate by 25 basis points to 6.25%.
The three day MPC meeting began on Monday and the decision will be announced on Wednesday by RBI Governor Shaktikanta Das.
On April 3, Gandhi's roadshow, on the way to filing his nomination in Wayanad was visibly different from that of 2019 in the hill constituency when the green flags of ally IUML outnumbered the Congress's in the crowd. There were no flags of any party or affiliated organisations.
"We will complain. He can meditate, but televisions cannot show it," she said, alleging that this will amount to "violation of the MCC."
A recent interfaith marriage of a Muslim activist of the ruling Communist Party of India-Marxist's youth wing DYFI, has stirred up a political storm after the relatives of the Christian bride alleged "love jihad", with a senior left party leader supporting the charge, only to retract his statement later.
A Janata Dal-United leader was allegedly murdered in Bihar's Nalanda district in the early hours of Monday, the police said.
Incidentally, 164 of the total 356 candidates in the fray from the 43 assembly seats of Jammu region got less votes than none of the above, which gives an option to voters to reject all candidates in a constituency.
There is a definite attempt to put the landslides on the backburner because news of them and climate change worry Wayanad's tourism and real estate businesses greatly. Whatever I experienced of Wayanad's 2024 by-elections; the July landslides were not a burning issue, observes Shyam G Menon.
'We don't have to go abroad for anything.' 'Anyone who thinks we have a lot to learn from the US needs to have his head examined.' 'We are in a new era.'
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