News for 'cpi'

FPIs return to Indian equities; infuse Rs 22,766 cr

FPIs return to Indian equities; infuse Rs 22,766 cr

Rediff.com15 Dec 2024

Foreign investors have made a strong comeback to Indian equities with a net investment of Rs 22,766 crore in the first two weeks of December driven by expectations of rate cut by the US Federal Reserve. This revival follows significant outflows in the preceding months, with Foreign Portfolio Investors (FPIs) pulling out a net Rs 21,612 crore in November and a massive Rs 94,017 crore in October -- the worst monthly outflow on record.

Economy recovering from Q2 slowdown, says RBI bulletin

Economy recovering from Q2 slowdown, says RBI bulletin

Rediff.com24 Dec 2024

The Indian economy is recovering from the slowdown in momentum witnessed in the September quarter, driven by strong festival activity and a sustained upswing in rural demand, according to a Reserve Bank of India (RBI) bulletin released on Tuesday. An article on the 'State of the Economy' in the December bulletin noted that the global economy continues to exhibit resilience with steady growth and moderating inflation.

Maoists force cadres to undergo vasectomy before marriage, says ex-rebel

Maoists force cadres to undergo vasectomy before marriage, says ex-rebel

Rediff.com15 Dec 2024

Former Maoist insurgents have revealed a shocking practice within the CPI (Maoist) organization, where cadres are forced to undergo vasectomy before they are allowed to marry. This policy, designed to prevent distractions and ensure loyalty to the movement, has been implemented across the organization. The practice has been highlighted by several former insurgents who have now surrendered to the authorities.

New base years for macros likely to kick in from Jan-Feb 2026

New base years for macros likely to kick in from Jan-Feb 2026

Rediff.com2 Jul 2024

Updated new base years for national accounts and other macro-indicators are expected to come into effect from January-February 2026, coinciding with the first and second advance estimates of national income for FY26, senior official sources aware of the development told Business Standard. "The statistics ministry set up the Advisory Committee on National Accounts Statistics (ACNAS) earlier this week. "It will advise on the base year for GDP (gross domestic product) and its alignment with other macro-indicators.

Why Tharoor Gives The Congress A Headache

Why Tharoor Gives The Congress A Headache

Rediff.com24 Feb 2025

The Kerala unit of the Congress instantly gets a headache when Shashi Tharoor lets loose one of his observations showering flowers on enemy territory. With every such action triggering controversy within a nervous Congress party, some feel it is high time Tharoor showed a degree of solidarity with the ideals of his party, notes Shyam G Menon.

Parl proceedings washed out for third straight day over Adani, Manipur

Parl proceedings washed out for third straight day over Adani, Manipur

Rediff.com29 Nov 2024

Parliamentary proceedings were disrupted for the third consecutive day in the Winter Session as opposition parties continued their protests over the Adani issue and violence in Manipur and Sambhal. Both the Lok Sabha and the Rajya Sabha were adjourned within minutes of convening, despite appeals from the Chair to engage in productive dialogue and refrain from disruption. The opposition members raised slogans demanding action against the perpetrators of violence in Sambhal, and sought discussions on allegations of irregularities against the Adani Group and the violence in Manipur.

RG Kar protests pose unprecedented crisis for TMC

RG Kar protests pose unprecedented crisis for TMC

Rediff.com10 Sep 2024

'Although there is a visible dent in TMC's urban votes, especially among women, the CPI-M and the BJP are unlikely to benefit from this'

'Band-aid for bullet wounds': Oppn slams Budget, says poll-centric

'Band-aid for bullet wounds': Oppn slams Budget, says poll-centric

Rediff.com1 Feb 2025

India's opposition parties have sharply criticized the Union Budget, calling it inadequate to address the country's economic woes and accusing the BJP-led government of using it to woo voters in Bihar and Delhi ahead of upcoming elections. Leaders from the Congress, TMC, DMK, SP, and CPI(M) voiced their disapproval, highlighting concerns over inflation, unemployment, and the lack of substantial measures to support the agricultural sector and the poor. They also criticized the tax cuts for the middle class as insufficient and coming too late after years of high taxes and rising prices.

Willing to lead INDIA bloc if....: Mamata Banerjee

Willing to lead INDIA bloc if....: Mamata Banerjee

Rediff.com7 Dec 2024

Asked why she is not taking the charge of the bloc, given her credentials as a strong anti-BJP force, Banerjee said, "If given the opportunity I would ensure its smooth functioning."

Oppn submits notice for moving no-trust motion against 'partisan' Veep

Oppn submits notice for moving no-trust motion against 'partisan' Veep

Rediff.com10 Dec 2024

Opposition parties on Tuesday submitted a notice to move a motion for removing Vice President Jagdeep Dhankhar for allegedly conducting the House in a partisan manner.

Sensex falls 200 pts due to selling in FMCG, PSB stocks

Sensex falls 200 pts due to selling in FMCG, PSB stocks

Rediff.com9 Dec 2024

From the 30-share pack, Hindustan Unilever, Tata Motors, Axis Bank, Nestle India, Asian Paints, ITC, Reliance Industries, Mahindra & Mahindra, IndusInd Bank and State Bank of India were among the laggards. Larsen & Toubro, Tata Steel, JSW Steel, HDFC Bank, Adani Ports, Kotak Mahindra Bank, Bharti Airtel and PowerGrid were among the gainers.

WPI inflation down to 3-month low. Will RBI cut rate in Feb?

WPI inflation down to 3-month low. Will RBI cut rate in Feb?

Rediff.com16 Dec 2024

Wholesale price based inflation declined to a 3-month low of 1.89 per cent in November on cheaper food items, and experts predicted a 0.25 per cent interest rate cut by the RBI in the policy review in February. The Wholesale Price Index (WPI) based inflation was 2.36 per cent in October 2024. It was 0.39 per cent in November, last year. In August, 2024, it was 1.25 per cent.

Allahabad HC judge may face SC collegium over VHP event speech

Allahabad HC judge may face SC collegium over VHP event speech

Rediff.com15 Dec 2024

Justice Shekhar Kumar Yadav, an Allahabad High Court judge, is set to appear before the Supreme Court Collegium to explain his controversial statements made at a Vishva Hindu Parishad (VHP) function. The Supreme Court has sought a report from the Allahabad High Court after news reports surfaced regarding Justice Yadav's remarks, which were widely condemned as "hate speech". The judge's statements, made at a VHP event, sparked outrage from various quarters, including opposition leaders and lawyers. The Bar Association of India has also condemned the judge's remarks and called for an apology.

How the markets will fare this week

How the markets will fare this week

Rediff.com13 Oct 2024

Quarterly earnings of corporates, trading activity of foreign investors and inflation data are the key factors that are expected to drive the momentum in the equity markets this week, analysts said.

To save Shah's skin they said 'bhaiya' pushed: Priyanka slams BJP

To save Shah's skin they said 'bhaiya' pushed: Priyanka slams BJP

Rediff.com19 Dec 2024

Congress MP Priyanka Gandhi Vadra accused the BJP of a "conspiracy to save Home Minister Amit Shah's skin" following a clash in Parliament over allegations of disrespect towards B.R. Ambedkar. She alleged that BJP MPs instigated the violence and pushed opposition members, including Congress leader Mallikarjun Kharge, to prevent them from entering Parliament. Gandhi also challenged BJP MPs to say "Jai Bhim" and accused them of having "violent intentions" and insulting the legacy of Ambedkar.

NC-led alliance stakes claim to form govt in J-K; oath-taking on Oct 16

NC-led alliance stakes claim to form govt in J-K; oath-taking on Oct 16

Rediff.com11 Oct 2024

Chief minister-designate Omar Abdullah met Lieutenant Governor Manoj Sinha to present letters of support from coalition partners, shortly after the Congress officially extended its backing to the party.

Costly vegetables push retail inflation to 4-month high

Costly vegetables push retail inflation to 4-month high

Rediff.com12 Jul 2024

Retail inflation increased to four-month high of 5.08 per cent in June as food items, including vegetables became dearer, according to government data released on Friday. The Consumer Price Index (CPI) based retail inflation was on a decline since January, before rising again in June. The CPI-based retail inflation was 4.8 per cent in May 2024 and 4.87 per cent in June 2023.

LS POLL FINAL RESULTS: NDA 293, INDIA 233

LS POLL FINAL RESULTS: NDA 293, INDIA 233

Rediff.com5 Jun 2024

Here are the number of seats won by parties in all states and Union Territories in the Lok Sabha elections.

'I'm Sure The Concept For INDIA Came From Him'

'I'm Sure The Concept For INDIA Came From Him'

Rediff.com20 Sep 2024

'In Parliament, he was the one person who stood for democracy and secularism even when the principal Opposition party was not very forthright in taking on the BJP and RSS.'

Priyanka set to enter Parliament with huge victory in Wayanad

Priyanka set to enter Parliament with huge victory in Wayanad

Rediff.com23 Nov 2024

Congress leader Priyanka Gandhi on Saturday cruised to her maiden electoral victory, from the Wayanad Lok Sabha seat in Kerala, with a margin of over 4.1 lakh votes against Communist Party of India-Marxist-led Left Democratic Front's Sathyan Mokeri, according to figures released by the Election Commission.

RBI unlikely to cut interest rate in October

RBI unlikely to cut interest rate in October

Rediff.com6 Oct 2024

The Reserve Bank is unlikely to cut the benchmark interest rate in its forthcoming bi-monthly monetary policy review later in the week as retail inflation is still a cause of concern, and there is a possibility of the Middle East crisis deteriorating further, impacting crude oil and commodity prices, say experts.

Hemant Soren weathers BJP blitz, returns to power in Jharkhand

Hemant Soren weathers BJP blitz, returns to power in Jharkhand

Rediff.com24 Nov 2024

In a stunning comeback, Hemant Soren's Jharkhand Mukti Morcha-led alliance on Saturday stormed to power in Jharkhand for a second consecutive term, winning 56 seats in the 81-member assembly, despite an all-out blitz by the Bharatiya Janata Party-led National Democratic Alliance which managed only 24 seats.

Ex-Bengal CM Buddhadeb Bhattacharjee passes away

Ex-Bengal CM Buddhadeb Bhattacharjee passes away

Rediff.com8 Aug 2024

The CPI-M leader was the chief minister of the state from 2000 to 2011.

Retail inflation eases marginally to 1-year low of 4.75% in May

Retail inflation eases marginally to 1-year low of 4.75% in May

Rediff.com12 Jun 2024

Retail inflation eased to a one-year low of 4.75 per cent in May as prices of some kitchen items declined marginally, according to government data released on Wednesday. The Consumer Price Index (CPI) based retail inflation was 4.83 per cent in April 2024 and 4.31 per cent in May 2023 (previous low).

Sensex, Nifty close flat amid unabated FII selling

Sensex, Nifty close flat amid unabated FII selling

Rediff.com11 Nov 2024

Tata Steel, Bajaj Finance, Mahindra & Mahindra, JSW Steel, NTPC, Adani Ports, Bajaj Finserv and Larsen & Toubro were also among the laggards. However, Power Grid, HCL Technologies, Infosys, Tech Mahindra, Tata Consultancy Services and ICICI Bank were among the gainers.

Now CPI willing to support TMC to fight BJP

Now CPI willing to support TMC to fight BJP

Rediff.com30 Jul 2021

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.

Limit of 'Modi factor' exposed in Himachal, MCD polls: CPI-M

Limit of 'Modi factor' exposed in Himachal, MCD polls: CPI-M

Rediff.com8 Dec 2022

"The opposition parties should draw proper lessons from these results and draw up plans to put up an effective united opposition to the BJP state-wise by marshalling all the forces," the CPI-M said in a statement.

HC relief for CPM MLA Mukesh in rape case; party defends actor

HC relief for CPM MLA Mukesh in rape case; party defends actor

Rediff.com29 Aug 2024

As pressure mounted, the CPI-M-led Left Democratic Front seemed to be supporting Mukesh, taking a cautious wait-and-watch stance.

Hemant Soren back as Jharkhand CM for 4th time

Hemant Soren back as Jharkhand CM for 4th time

Rediff.com28 Nov 2024

JMM leader Hemant Soren was sworn in as the 14th chief minister of Jharkhand in a grand ceremony in Ranchi, amid the presence of a galaxy of INDIA bloc leaders. This is Soren's fourth stint as chief minister. The JMM-led alliance won a majority in the recent assembly polls, securing 56 seats in the 81-member assembly.

'Impractical, cheap stunt': Oppn on one nation, one poll

'Impractical, cheap stunt': Oppn on one nation, one poll

Rediff.com18 Sep 2024

Opposition parties on Wednesday opposed the 'one nation, one election' proposal by calling it impractical and a 'cheap stunt' by the ruling Bharatiya Janata Party.

INDIA parties flex muscles after Cong rout in Haryana

INDIA parties flex muscles after Cong rout in Haryana

Rediff.com9 Oct 2024

After the Congress' shock defeat in Haryana, the opposition Indian National Developmental Inclusive Alliance (INDIA) parties flexed their muscles on Wednesday, accusing the grand old party of ignoring them.

Why I Mourn Sitaram Yechury

Why I Mourn Sitaram Yechury

Rediff.com21 Sep 2024

There are few leaders in the Opposition line up who can claim a path to party leadership like Sitaram Yechury and certainly, very few who blended that ascent through student politics with awareness about non-elite real India, urban India and liberal politics, as he did, notes Shyam G Menon.

Uproar in JK assembly over resolution on Art 370 restoration

Uproar in JK assembly over resolution on Art 370 restoration

Rediff.com6 Nov 2024

BJP members, including the Leader of Opposition Sunil Sharma, opposed the resolution, saying it was not part of the listed business.

'Markets To Undergo Time Correction'

'Markets To Undergo Time Correction'

Rediff.com24 Oct 2024

'Future market gains will likely depend primarily on earnings growth.'

Why And How To Invest In Gold

Why And How To Invest In Gold

Rediff.com2 Jan 2025

Apart from the emotional value attached to buying gold, the yellow metal offers protection against inflation, interest rate spikes, currency and geopolitical risks, says Anamika Pareek.

Sensex, Nifty close lower on selling in Reliance, spike in retail inflation

Sensex, Nifty close lower on selling in Reliance, spike in retail inflation

Rediff.com15 Oct 2024

From the 30 Sensex firms, Bajaj Finance, Reliance Industries, Tata Steel, JSW Steel, Tech Mahindra, Tata Motors, Kotak Mahindra Bank and Maruti were the biggest laggards. Reliance Industries Ltd, India's most valuable company, on Monday reported a 5 per cent fall in the July-September quarter net profit as weak oil refining and petrochemical business hurt operational performance. ICICI Bank, Bharti Airtel, Asian Paints, Adani Ports, UltraTech Cement and HCL Technologies were among the gainers.

Maharashtra to see 'friendly fights' on 29 seats

Maharashtra to see 'friendly fights' on 29 seats

Rediff.com9 Nov 2024

Friendly fights, however, are more complicated for the MVA, especially since smaller parties who are part of the INDIA bloc are also in the mix.

Ex-Delhi University professor GN Saibaba passes away

Ex-Delhi University professor GN Saibaba passes away

Rediff.com13 Oct 2024

Saibaba died at due to gall bladder infection and other complications.

RBI retains growth and inflation projections for current fiscal at 7.2% and 4.5%

RBI retains growth and inflation projections for current fiscal at 7.2% and 4.5%

Rediff.com8 Aug 2024

Reserve Bank on Thursday retained the growth and inflation projection at 7.2 per cent and 4.5 per cent respectively for the current fiscal amid expectations of a normal monsoon. In its last bi-monthly monetary policy review in June, RBI had projected real GDP growth and retail inflation at the same.

Senior Cong leader Thomas defies party diktat, to attend CPI-M seminar

Senior Cong leader Thomas defies party diktat, to attend CPI-M seminar

Rediff.com7 Apr 2022

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.