'Laluji is like my father and I am like his son.'
'Gandhi could have chosen to contest from some other constituency where the BJP was strong -- Karnataka or some other state'
About 82 per cent of the total income from unknown sources declared by national political parties in 2022-23 came from electoral bonds, according to a poll rights body.
In a relief to academic-activist Shoma Kanti Sen, arrested in June 2018 in connection with the Elgar Parishad-Maoist links case, the Supreme Court on Friday granted her bail while taking cognisance of the "composite effect" of the delay in framing charges coupled with her prolonged detention.
Kharge said the leaders of INDIA parties have come together as democracy is under threat under the Bharatiya Janata Party government.
Rising crude oil prices, traction in China equities and inflation concerns back home are casting a shadow on the Indian equity markets in the short term, believe analysts at Jefferies. They said this could see the markets remaining range-bound in the near term before the next leg up.
Fitch Ratings on Thursday raised its forecast for India's economic growth to 7 per cent for the next fiscal year starting April 1 on the back of strong domestic demand and sustained level of business and consumer confidence. With a stronger-than-expected 8.4 per cent growth in gross domestic product (GDP) during the third quarter (October-December) of the current fiscal year, Fitch saw the Indian economy expanding 7.8 per cent in 2023-24 financial year (April 2023 to March 2024), marginally higher than the government's estimate of 7.6 per cent.
'If rate cuts happen, bond yields will come down and investors will make mark-to-market capital gains on them.'
Retail inflation declined to a three-month low of 5.02 in September, mainly due to easing food prices, according to the government data released on Thursday. The inflation has come back to the Reserve Bank's comfort level of below 6 per cent after a gap of two months. The inflation based on the consumer price index (CPI) was 6.83 per cent in August and 7.41 per cent in September 2022.
The Congress also asserted that the opposition INDIA bloc had been formed for the 2024 Lok Sabha elections at the national level and was not state specific.
Amid opposition charges that the Bharatiya Janata Party was out to destroy the Constitution, Prime Minister Narendra Modi on Friday said that his government revered it and even Babasaheb Ambedkar would not be able to abolish it now.
Exigencies of electoral politics and individual ambitions often stoke family feuds and sibling rivalries.
For five consecutive policy reviews in 2023, the Reserve Bank of India (RBI) chose to hold rates, citing inflation threat. And when the prices did cool off a bit, it reminded all about the target to get the headline consumer price inflation at 4 per cent and the risks from food inflation. Heading into the new year, all eyes are on when RBI will cut the rates, especially after one of the Monetary Policy Committee (MPC) members stressed on the need for such an action in the face of the US Federal Reserve's guidance for easing rates.
The overtures by CPI-M state secretary MV Govindan had upset the Congress that had, subsequently, accused the Left party of turning the UCC into a Hindu versus Muslim issue for gaining political mileage.
The alliance adopted a resolution to this effect and said its theme for the elections will be "Judega Bharat, Jeetega India, (India will unite, India will win)".
Retail inflation declined to a 25-month low of 4.25 per cent in May mainly on account of softening prices of food and fuel items, with experts saying that RBI is expected to hold interest rates steady in the current fiscal. This is the fourth straight month when retail inflation has declined and the third straight month of Consumer Price Index (CPI) based inflation remaining within the RBI's comfort zone of below 6 per cent. CPI-based inflation stood at 4.7 per cent in April and 7.04 per cent in May 2022.
According to Rajya Sabha MP and RJD spokesperson Manoj Jha, the CPI-RJD alliance could not be forged also because his party was not willing to compromise on its candidate Tanveer Hassan, considering his popularity and the work done by him in Begusarai.
Foreign flows into Indian equities are expected to pause in the short to medium term, say analysts. The outlook is influenced by multiple factors, including rising oil prices, actions from global central banks, climbing bond yields, and the dollar index gaining prominence. "Valuations appear rich with the markets at record highs.
Reserve Bank of India (RBI) Governor Shaktikanta Das had stumped the market in the previous two policies - in August and in October - first with action and then with words. In August, it was the introduction of an incremental cash reserve ratio (I-CRR) to take out excess liquidity, which took the markets by surprise. In October, there was no action. Rather, what is known as "open mouth operation", Das' comment that the central bank might conduct open market operations (OMOs) by selling bonds tempered the euphoria in the bond markets after JP Morgan's inclusion of India in its Emerging Market Bond Index.
'One Sandeshkhali won't turn around women's perception of Mamata Banerjee in this state'
Retail inflation declined to an 18-month low of 4.7 per cent in April mainly due to falling prices of vegetables, oils and fats, and came closer to Reserve Bank's target of 4 per cent, showed government data released Friday. It was for the second month in a row that Consumer Price Index (CPI) based inflation remained within the RBI's comfort zone of below 6 per cent. The government has tasked the central bank to ensure retail inflation remains at 4 per cent with a margin of 2 per cent on either side.
'Whoever is questioning the government on the Adani issue is being harassed'
A careful reading of the national income accounts suggests that after a strong recovery from the pandemic, there has been a significant ebbing of dynamism over the last three quarters to more modest levels recently, note Arvind Subramanian and Josh Felman.
Macroeconomic data announcements, global factors and trading activity of foreign investors would be the key triggers for the domestic stock markets this week, analysts said. Last week, the benchmark indices joined the broader market's party despite a host of negative global cues. In the broader market, the BSE midcap and smallcap gauges hit their all-time highs on Friday.
The Centre on Monday banned the Communist Party of India-Maoist under the Unlawful Activities (Prevention) Act, calling it a terrorist organisation.
'The BJP is racing against its opponents by putting a chain on their legs.'
Chowdhury said he has directed Congress workers to extend all cooperation to the CPI-M in fighting the July 8 polls.
The 65-year-old leader had taken over as general secretary of the CPI-M from Prakash Karat in the 21st party congress, which was held in Visakhapatnam, in 2015.
In a major victory for Tatas, an arbitral tribunal has awarded Tata Motors a compensation of over Rs 766 crore for the losses incurred because of protests by Trinamool Congress that stalled its small car project at Singur in West Bengal. The tribunal asked the West Bengal government to pay Tata Motors the compensation, along with interest, according to a stock exchange filing by the Mumbai-based auto major on Monday. The company stated that the arbitral tribunal has asked the West Bengal Industrial Development Corp (WBIDC) to pay the company Rs 766 crore compensation, in connection with losses incurred on its manufacturing site in Singur.
Tripura's outgoing chief minister Manik Sarkar will be shifting to his new residence - the Communist Party of India-Marxist's state committee office.
The other prominent gainers were Tech Mahindra, HCL Technologies, Wipro, State Bank of India and Larsen & Toubro. Bajaj Finserv, Power Grid, UltraTech Cement and HDFC Bank were among the laggards.
Singh defeated Bharatiya Janata Party's Dara Singh Chauhan in the bypoll to the Ghosi Assembly constituency in Mau district with a margin of 42,759 votes on Friday.
The National Investigation Agency (NIA) on Monday arrested a top Maoist leader as it carried out raids at 62 locations across Andhra Pradesh and Telangana in the Communist Party of India-Maoist conspiracy case, an official said.
Kerala's election discourse operates surreptitiously. Its explicit face focuses on important national and local issues. At the same time, it seeks to secure apt communal equations to ensure votes, notes Shyam G Menon.
Scenes from the Opposition leaders' dinner meeting, in Bengaluru on Monday, July 17, 2023.
The Congress and the Left parties have not only extended support to the Samajwadi Party candidate but are also campaigning for him, in accordance with the spirit of the new opposition togetherness ahead of next year's general election.
The Reserve Bank of India on Thursday marginally lowered its inflation projection for the current financial year to 5.1 per cent, as Governor Shaktikanta Das said the central bank's monetary policy actions are yielding the desired results. In April, the Reserve Bank had estimated the consumer price index (CPI) based retail inflation at 5.2 per cent during the fiscal 2023-24. CPI inflation fell sharply to 4.7 per cent in April 2023, from 6.4 per cent in February, on the back of favourable base effects, with softening observed across all the three major groups.
Communist Party of India-Marxist on Thursday trashed Bharatiya Janata Party's economic blueprint as 'semantic verbiage' akin to 'fascist demagoguery.
He also said there are leaders who stand firm in their ideology but their number is gradually declining.
Bharatiya Janata Party workers on Sunday staged a demonstration outside the Communist Party of India-Marxist headquarters in New Delhi
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