The rupee tumbled 3 per cent against the US dollar in 2024 as concerns over slower economic growth and a stronger greenback in global markets weighed, but it was among the least volatile currencies in the world and the headwinds may be less intense in the coming year.
The bypolls were held in six constituencies - Naihati, Haroa, Medinipur, Taldangra, Sitai (SC), and Madarihat (ST) - following the resignation of MLAs who had vacated their assembly seats after securing victories in the 2024 Lok Sabha elections.
The indictment says the alleged co-conspirators "knowingly and willfully joined a conspiracy to unlawfully change the outcome of the election in favour of Trump".
The court also directed the Maharashtra Deputy Chief Minister Ajit Pawar-led NCP faction to publish a disclaimer in newspapers, including Marathi ones, that the issue of allocation of "clock" symbol was pending in court.
'We expect market consolidation and recommend buying during market dips.'
The Biden administration's failure in stopping two major wars and several minor ones was seen as a major disaster by many Americans and the world at large, observes Ambassador T P Sreenivasan.
Boxing great M C Mary Kom, who is also the chairperson of IOA's athletes' commission, says she has stopped giving suggestions to the National Olympic Committee as it doesn't pay attention to them.
Clad in a yellow kurta with a saffron gamcha around his neck, atop an open saffron coloured vehicle, he was greeted by loud chants of "Modi! Modi! Modi Zindabad! 400 Paar Is Baar" all along the roadshow's route.
A palpable mix of emotions enveloped the capital, particularly around the areas surrounding the White House. Supporters, opponents and general visitors gathered at the iconic location, commenting on the outcome of a bitterly fought election.
'This was a decision taken and executed by Prabhakaran and his intelligence chief Pottu Amman. Both were convinced that the assassination would not be linked to them.'
'The relationship between India and the US, when Donald Trump was president, had been so much stronger.'
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.
Polling station officials had to refuse Johnson's attempt to vote in South Oxfordshire on Thursday when he arrived without the necessary photo ID, CNN reported, citing PA media.
'If you look at where inflation (headline and core) is today in India and where the rates are, there's clearly room to cut rates.'
As the 2019 election draws near, investors focus on long-dated options.
Fresh from his exploits in India's first-ever title-winning campaign at the Chess Olympiad, Grandmaster Vidit Gujrathi has decided against defending his crown at the 10th Vugar Gashimov Memorial Chess Super Tournament in Azerbaijan for an audience with Prime Minister Narendra Modi here on Wednesday.
'Even now, investors are not bothered about the war but are more concerned whether it will remain localised or not.' 'In case things are contained, markets can stage a bounce back in the next few days.'
The welfare schemes of the government, particularly Lakshmir Bhandar, have had a major impact on the electoral outcome.
Foreign investors pulled out a massive Rs 94,000 crore (around $11.2 billion) from the Indian stock market in October, making it the worst-ever month in terms of outflows, triggered by the elevated valuation of domestic equities and attractive valuations of Chinese stocks. Before this, foreign portfolio investors (FPIs) withdrew Rs 61,973 crore from equities in March 2020. The latest outflow came after a nine-month high investment of Rs 57,724 crore in September 2024.
Indian economy is in a sweet spot, with a mix of solid growth and moderating inflation, Moody's Ratings said, forecasting a 7.2 per cent GDP growth in the 2024 calendar year and 6.6 per cent in the next. In its Global Macro Outlook 2025-26, the rating agency said the global economy has shown remarkable resilience in bouncing back from supply chain disruptions during the pandemic, an energy and food crisis after the Russia-Ukraine war began, high inflation and consequent monetary policy tightening.
Rejoicing over the Bharatiya Janata Party's landslide victory in Gujarat, Karnataka Chief Minister Basavaraj Bommai said the election results there will have a positive effect on the party's prospects in poll-bound Karnataka.
Jarange has repeatedly targeted the BJP warning that the community would defeat its candidates in the assembly polls, which will be held on November 20.
'When voting clause by clause on Waqf came up in the JPC, the TDP and JD-U supported the BJP on each and every clause.'
No final decision has been taken on the alliance with the Congress for the October 5 Haryana assembly polls yet, sources in Aam Aadmi Party said on Sunday. The last date to file nominations is September 12.
FORDA said the decision to end the strike, effective from Wednesday morning, was made in the interest of patient welfare.
'IPOs have performed exceptionally well, with a notable increase in average ticket size from Rs 800 crore in the last financial year to around Rs 1,300 crore in this financial year.'
After a strong run in the midcap and smallcap indices, which surged 46 per cent and 43 per cent, respectively, on the National Stock Exchange (NSE) during Samvat 2080, analysts suggest that the rally in these segments may pause to catch its breath in Samvat 2081.
A mathematical model is used to calculate how seat distribution will be altered as sentiment/percentage of votes towards a contesting political party changes.
Between now and the general elections (likely in May 2019) there are 12 assembly polls, which analysts say, in a way will also be interpreted as a referendum on the Modi-led government's key reforms
Justice Purushaindra Kumar Kaurav said the mayor, also the returning officer, acted beyond her powers and her decision was impermissible as it was "not based on any material relevant to the issue".
When the votes get counted for the assembly elections in Gujarat and Himachal Pradesh, the ruling Bharatiya Janata Party will be hoping to set a few new records.
Foreign investors have pulled out a massive Rs 22,000 crore from Indian equities so far this month, due to uncertainty surrounding the outcome of the Lok Sabha elections and outperformance of Chinese markets.
The Congress on Friday hit out at the Election Commission after it rejected allegations over irregularities in the Haryana assembly polls, saying if the poll panel's goal is to 'strip itself of the last vestiges of neutrality', then it is doing a 'remarkable job' at creating that impression.
A mathematical model is used to calculate how seat distribution will be altered as sentiment/percentage of votes towards a contesting political party changes.
'In addition, we have geopolitics and politics and all the other things that will affect commodity prices.'
If the index is unable to sustain above 24,500 levels, technically it can then slip to its 200-DMA placed at 23,365 levels.
'Congress leaders are ready to lose the election and not form the government, but are never ready to share seats with others.'
The respect for the four-time former chief minister, often referred to as Saheb, in his stronghold of western Maharashtra is palpable in much of the region. But his estranged nephew also appears to enjoy a stature of his own in Baramati, a constituency represented by the senior Pawar for six terms before he passed the baton to Ajit Pawar in 1991.
'Whether I am optimistic or pessimistic is not the issue; I am just going by the evidence available.' 'The Indian economy and financial sector are now well-placed and very resilient in dealing with any kind of spillover coming from the external world.'
