The results for bypolls to seven assembly seats in six states will be declared on Friday in what is being seen as a major test for the opposition's Indian National Developmental Inclusive Alliance against the Bharatiya Janata Party-led National Democratic Alliance ahead of the polls in five states later this year and Lok Sabha elections in 2024.
The seven seats -- Bageshwar in Uttarakhand, Ghosi in Uttar Pradesh, Puthuppally in Kerala, Dhupguri in West Bengal, Dumri in Jharkhand, and Boxanagar and Dhanpur in Tripura -- went to poll on September 5.
Indian economy is gathering momentum in the second quarter, though inflation would continue to average above the central bank's comfort zone of 6 per cent, said an article in the RBI's monthly bulletin released on Thursday. The consumer price index (CPI) based retail inflation shot up significantly to 7.44 per cent in July, from 4.87 per cent in the preceding month, mainly due to soaring prices of tomato, vegetables and other food items. In his address to the nation on the Independence Day, Prime Minister Narendra Modi vowed to take more steps to contain price rise.
'Revision of the base year for both CPI and GDP are long overdue.' 'The basic data that went into the 2011-2012 series were mainly from surveys done in 2011 or earlier.' 'We have since seen the emergence of new sectors like platform-based work and online marketing.' 'The employment surveys and the consumption surveys need to reflect these adequately.'
Stock markets will be largely driven by global trends and macroeconomic data announcements in a holiday-shortened week which may see volatility amid monthly derivatives expiry, say analysts. Equity markets will remain closed on Monday for Gurunanak Jayanti. Trading activity of foreign investors and the movement of the rupee against the dollar will also be tracked by investors.
After having decided to abstain from voting in the Presidential poll, the Communist Party of India on Wednesday extended support to United Progressive Alliance's nominee Hamid Ansari for his re-election as vice president.
The Communist Party of India-Marxist on Friday said the Indian Union Muslim League (IUML) is "not a communal party" and praised the key partner of the opposition United Democratic Front for not agreeing with the Congress on the issue of the alleged move by Governor Arif Mohammed Khan, who according to the ruling front, was trying to "saffronise" the universities in Kerala.
While the Congress was a unifying force, the Left front was divisive, he said adding "wherever we go, we unify everybody. We are a unifying force. Wherever we go we identify everybody and unite them and make them strong".
Police on Wednesday arrested a man accused of urinating on a tribal youth in Madhya Pradesh's Sidhi district, an official said.
'Gautam Adani will not be able to step inside Dharavi.' 'We will ensure Adani will not get what he wants.' 'Adani has no reason to do politics with people of Dharavi but he is still doing it.'
This is Navlakha's second round of appeal in the high court seeking regular bail.
It is in circumstances like this that the Constitution becomes extremely important. It reminds us that we have a commitment towards higher human values to fulfil, a path to get back to, suggests Shyam G Menon.Else, we risk being rudderless in an ocean of money and majoritarianism, suggests Shyam G Menon.
The CPI-M elects a new general secretary to replace Prakash Karat who steps down after three terms.
However, there was no official word from the Lokpal.
Police inspector Masroor Ahmad Wani, who was critically injured when he was shot at by a Lashkar-e-Tayiba terrorist while playing cricket in Srinagar in October, died at AIIMS, New Delhi, on Thursday. He leaves behind his wife, who is expecting their first child.
Taking potshots at the Bharatiya Janata Party, some opposition leaders also wondered if Goel resigned to contest the Lok Sabha polls on its ticket like former Calcutta high court judge Abhijit Gangopadhyay.
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