The PML-N, however, rejected the demand and claimed that it was winning Thursday's elections.
'The main worry is lots of new investors coming into the markets in order to make a quick buck/easy money.' 'Those things are happening again and have happened in the past as well.' 'All that has led to problems.' 'We are not there yet, but will get there eventually.'
Global trends, macroeconomic data, and the outcome of the US Fed policy meeting are the major factors that will drive the movement in the domestic equity markets this week, analysts said. "In the upcoming data-centric week, the focus will be on crucial releases, including inflation data from India and the US. "Indian inflation is expected to rise, while US inflation will remain steady.
'There might be some internal tussles that can be expected between any two persons in any party.' 'But I do not see any tussle which might weaken the possibility of dictatorship.'
For the first time in his political career, he failed to carry his party to even a working majority -- and again, for the first time in his career, he finds himself in a situation where he cannot rule by dictatorial fiat, points out Prem Panicker.
'Till the time you have the equations right the market will remain concerned.' 'If the (coalition) government is taken care of, then probably (the markets will) come back to its rhythm.'
The Bharatiya Janata Party and Congress are prepping for the upcoming May 12 Karnataka polls. Here's a sentiment meter.
The Devendra Fadnavis-led government in the state is most likely to get another term.
'Religion and extremism is going to be a big force, a very important force, in Bangladesh's politics.'
India's real GDP growth will decline marginally to 6.3 per cent in 2024 from the 6.4 per cent estimated for 2023, an American brokerage firm said on Monday. The next calendar year will be of two halves, wherein the government spending before the upcoming General Elections will be the key driver for growth, while after the elections, it will be the re-acceleration in investment growth, especially from the private sector, Goldman Sachs said in a report. From a fiscal year perspective, the brokerage said it expects growth to accelerate to 6.5 per cent for FY25 from the 6.2 per cent it has projected for the ongoing FY24, it added.
If the concerns over risking political capital are overcome, the long-term gains for the Indian economy will be immense, asserts A K Bhattacharya.
'There is one way to defeat the intention behind this directive: To patronise Muslim establishments that have been forced to identify themselves.' 'This is one opportunity for the Congress to show that the 'mohabbat ki dukaan' its leader talks about does exist.' 'Can Akhilesh Yadav, who has asked the court to take note of this directive, order his party members to do this?' asks Jyoti Punwani.
The meeting of the newly-elected MLAs to elect the legislature party leader, the second within three days, reportedly saw exchanges on who should lead the party in the House with one section pitching for Palaniswami and the other for coordinator O Panneerselvam.
As far as I'm concerned, we already have won it, Trump said.
A higher-than-expected consumer price inflation (CPI) print for March in the US has dashed hopes of an interest rate cut by the US Federal Reserve (US Fed) in June. Analysts now expect the US central bank to start cutting rates in September, provided inflation remains in check and oil prices remain supportive. The markets, analysts believe, partially factored in this possibility.
The best-case scenario is that the BJP will top out at around 50 seats in UP -- a drop of 12 from the 62 it had won in 2019. Taken in tandem with Maharashtra and Karnataka, this is what is likely to put paid to the BJP's ambitions of a third term for Modi, argues Prem Panicker.
'Modi is not assuring the nation that if he gets back to power in 2024 and remains in power till 2029, he will not change the Constitution.'
A large number of Pakistan Tehreek-e-Insaaf candidates had contested as independents after the ECP had snatched the former prime minister Imran Khan-led party of its iconic cricket bat symbol.
Describing the unrest among party members as just the "tip of the iceberg," the report shed light on the underlying discontent within the BJP.
India will find it difficult to support new global customs rules without "an assurance and visible outcomes" that a permanent solution is being negotiated over its concerns about public food stockholdings, the trade minister said on Friday.
Holding that the electoral bonds scheme was not fool-proof, the Supreme Court said on Thursday that information about funds received by a political party is essential for voters to exercise their freedom to vote effectively.
Presenting the interim budget for 2024-25, she said the government is working with an approach to ensure development that is all-round, all-pervasive and all-inclusive.
Market players attribute the rally in small and midcaps to flows from retail investors and domestic institutions.
Long queues were seen at outpatient department ticket counters in government hospitals, where senior doctors joined their junior colleagues in the protest.
Stocks of public sector undertakings (PSUs) have been on fire in the past year as investors cheered an improvement in key operating metrics and embraced counters of these state-owned enterprises, analysts suggest. The S&P BSE PSU Index has gained over 90 per cent in the past year, rising much higher than the S&P BSE Sensex, which has rose nearly 19 per cent during this period, according to ACE Equity data. The BSE PSU Index, reports show, has delivered a compound annual growth rate (CAGR) of 28 per cent (including dividends reinvestments) over five years and risen by almost 60 per cent in the past year.
Ministry of External Affairs officials summoned the Acting Deputy Chief of Mission Gloria Berbena at its office in South Block in Delhi and lodged a strong protest against a US State Department official's remarks on Kejriwal's arrest.
The Lok Sabha Secretariat on Thursday revoked the disqualification of Bahujan Samaj Party leader Afzal Ansari as a member of the Lower House after the Supreme Court conditionally suspended his conviction in a Gangsters Act case.
With the debacle in Uttar Pradesh Assembly polls coming as a shock to the Congress, Rahul Gandhi will be analysing the outcome at a meeting of party leaders here on April six in a move to set the house in order ahead of the Lok Sabha polls.
Among the 30 Sensex companies, Larsen & Toubro, Power Grid, NTPC, State Bank of India, Reliance Industries and HDFC Bank were the biggest laggards. Sun Pharma and Nestle were the only gainers.
He furnished an undertaking before a bench of Justices Surya Kant and KV Viswanathan pursuant to a March 14 order by the apex court.
Rediff Labs analysed the 2014 assembly election results to develop a Sentiment Meter for the 2019 battle in Haryana.
The BJP often forgets that in Dravidian Tamil Nadu, the voter does not mix religion, which is personal, and politics that is in the public sphere, points out N Sathiya Moorthy.
Political pundits unanimously suggest that the state is not experiencing a discernible Gandhi wave this time around.
The benchmark Nifty and Sensex could see another 8-10 per cent from the current levels, said HDFC Securities in its outlook for equity markets in 2024. The brokerage said that the market movement in the next year will not be linear, and there will be more volatility. When asked about the market reaction to the General Elections in 2024, Dhiraj Relli, managing director and CEO of HDFC Securities, said more than the outcome of the elections, the market movement in the next three to four months will decide the market trajectory post elections.
In the event that like in the 17th Lok Sabha Rahul Gandhi again gets locked out of the House, the Congress needs a second-in-command who will keep the momentum going inside Parliament, notes Saisuresh Sivaswamy.
In its election manifesto -- 'Sankalp Patra' -- the Bharatiya Janata Party has vowed to implement the Union Civil Code (UCC), maintain peace in the Northeast, among other key poll promises.
'Outrage will take place sooner than later, because it's not only that their mandate has been stolen, but the most important issue right now is the sinking economy in Pakistan.' 'Inflation is 26%-27%. It is backbreaking inflation.' 'Food, energy, education, health, which are the primary things that every family requires, is going beyond the reach of the masses.'
Sonia stated that it was not surprising that people would back one of their own, said Tharoor.
Rediff Labs analysed the 2013 assembly election results merged with 2014 Lok Sabha election results to develop a Sentiment Meter for the 2018 electoral battle in Chhattisgarh.
There are unconfirmed reports that the BJP has offered to appoint Paras as governor and a berth in the Bihar cabinet to his nephew Prince Raj. M I Khan reports.
