Latest GDP growth numbers a one-off development and not the beginning of a trend, says CEA V Anantha Nageswaran.
Ministers' resignation accepted, portfolios farmed out
Mahindra & Mahindra on Wednesday posted a 20 per cent increase in its consolidated net profit at Rs 3,283 crore for the first quarter ended June 30, 2024. The Mumbai-based company had reported a profit after tax of Rs 2,745 crore in the year-ago period. Revenue rose 10 per cent year-on-year to Rs 37,218 crore as compared to Rs 33,892 crore in the June quarter of last fiscal, the company said.
'Inflation is not good for industry. Nor for the economy as a whole.'
Modi had clearly not come to terms with the limits to a prime minister's powers, any prime minister's powers however strong numbers he may have in Parliament, observes Virendra Kapoor.
A group of 101 farmers resumed their foot march to Delhi on Sunday to press the Centre for various demands, including a legal guarantee for Minimum Support Price (MSP). However, they were stopped at the barricading by Haryana Police who cited a prohibitory order clamped by the Ambala administration. The farmers have been pressing for various demands, including a legal guarantee for MSP, a farm debt waiver, pension for farmers and farm labourers, no hike in electricity tariff, withdrawal of police cases (against farmers), and "justice" for the victims of the 2021 Lakhimpur Kheri violence. Reinstatement of the Land Acquisition Act, 2013 and compensation to the families of farmers who died during the previous agitation in 2020-21 are also part of their demands.
Hike through Meghalaya's newest tourist magnet.
Private consumption is back driven by festive spending, and the medium-term economic outlook remains bullish as the innate strength of the macro-fundamentals reasserts itself, the Reserve Bank Bulletin said on Wednesday. Global economic activity remained resilient during Q4:2024 amidst fragile confidence and rising protectionism, said an article on 'State of the Economy' published in the November Bulletin.
Adani group founder and chairman Gautam Adani and his nephew Sagar have been summoned to explain their stand on the US Securities and Exchange Commission (SEC) allegation of paying $265 million (Rs 2,200 crore) in bribes to secure lucrative solar power contracts. Summons have been sent to Adani's Shantivan Farm residence in Ahmedabad and his nephew Sagar's Bodakdev residence in the same city for a reply to SEC within 21 days.
'The issue is not whether the farm laws are beneficial for the farmers or not.' 'The farmers have taken a stand that they do not want these laws.' 'Why do you want to thrust these laws down their throat?'
Congress leader Rahul Gandhi on Monday said that repealing the three farm laws without a debate in Parliament shows that the government is "terrified" and knows that it has done something wrong.
The government on Friday doubled the limit of Mudra loan amount under the Pradhan Mantri Mudra Yojana (PMMY) to Rs 20 lakh from Rs 10 lakh under a new 'Tarun Plus' category to promote entrepreneurship in the country.
'We need to encourage the next generation of farmers to continue in farming'
Jagjit Singh Dallewal, a farmer leader, is on an indefinite hunger strike that has entered its 34th day. The Supreme Court has criticized the Punjab government for not shifting Dallewal to a hospital, while farmer leaders have said they are following Gandhian principles and it is up to the government to decide whether to use force to evict him. The farmers are protesting for several demands, including a legal guarantee for a minimum support price (MSP) for crops. The protests have reached a decisive stage, with the SKM (Non-Political) and Kisan Mazdoor Morcha calling for a Punjab bandh on Monday.
Sukanya Verma quizzes you to find out how much you know about the Salman Khan-Shah Rukh Khan starrer.
Dallewal has been on a fast-unto-death at the Khanauri border since November 26 to press the Centre to accept demands including a legal guarantee to the MSP on crops.
'I want to tell everybody there is nothing in the world that you can't do.' 'If you apply your mind, you can do anything and everything.'
'Every Haryana assembly seat has its own unique problems to earn victory for a political party and you as a politician need to know what are those issues and tackle it.'
The protest march led to massive traffic snarls in several parts of the national capital, including Lutyens' Delhi and ITO.
A bench, headed by Chief Justice S A Bobde, which indicated during the hearing that it may pass orders in parts on the issues concerning farm laws and farmers' protest, later uploaded the information on the website.
Economists at the country's largest lender SBI on Wednesday said they see Q2 real GDP growth slowing down further to 6.5 per cent in the September quarter of this fiscal year. Amid concerns over the country's economic growth rate and if it is slowing down, the analysts said they expect FY25 growth to come "closer to" 7 per cent. It can be noted that the April-June period saw the real GDP expanding by 6.7 per cent, the lowest in 15 quarters.
Farmer leader Abhimanyu Kohar said the government has also made some corporate people members of the MSP panel.
Amid the ongoing Monsoon Session of Parliament, a heated argument broke out between Congress MP Ravneet Singh Bittu and Shiromani Akali Dal MP Harsimrat Kaur Badal on Thursday when the former accused the latter of getting the farm laws enacted while she was a minister in the Union Cabinet, and added that she 'doing drama' over the laws and showing 'fake support' to the farmers' cause.
Punjab farmer leader Sarwan Singh Pandher said no 'jatha' (group) of farmers will resume their foot march to Delhi on Tuesday. The farmers suspended their march after some were injured in teargas shelling by Haryana security personnel. Pandher accused the Centre of being confused on how the protesters should proceed to the national capital, citing contradictory statements from different ministers. He also criticized the government's lack of response to the hunger strike of farmer leader Jagjit Singh Dallewal, which has entered its 14th day.
Shetkari Sanghatana president Anil J Ghanwat said the panel's report was in 'favour of farmers' and will decide next week on releasing the report in the public domain.
Many were hoping that with Vajpayee's NDA gone, there would be a return to the Congress normal. Nobody was prepared for the opposite. Sonia Gandhi was sceptical. This became the only issue over which Manmohan Singh took on his party bosses and risked his government. Politically, it was riskier than the 1991 reform, recalls Shekhar Gupta.
Describing the conflict between Israel and Hezbollah as the deadliest in decades, Biden said lasting security for the people of the two countries cannot be achieved only on the battlefield.
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.
The Delhi government has approved the withdrawal of 17 cases registered during the anti-farm law stir, including one involving last year's Republic Day violence, a senior official said on Tuesday.
'The committee was confident that the recommendations will pave the way to resolve the ongoing farmers' agitation'
'Israel would make Iran and its proxies pay. They, along with Qatar, fund terror all over the world.'
The Supreme Court on Wednesday directed that the petition challenging the constitutional validity of the farm laws will be tagged with other similar matters pending before it.
As the Queen star found herself in the middle of a row, with the BJP distancing itself and the Congress attacking it, here's a look at some of the controversies, political and otherwise.
The Centre on Monday announced seven big programmes for the holistic growth of agriculture and allied sectors with a total outlay of nearly Rs 14,000 crore, as it aims to improve farmers' income. The Union Cabinet approved seven big-ticket programmes related to the farm sector, including a Rs 2,817-crore digital agriculture mission and a Rs 3,979-crore scheme for crop science. "The Union Cabinet, chaired by Prime Minister Narendra Modi, approved seven schemes to improve farmers' lives and increase their incomes at a total outlay of Rs 13,966 crore," an official statement said.
The report, which was submitted to the apex court on March 19, 2021, was made public on Monday. The three-member committee had also suggested many changes in the laws, including giving freedom to states to make Minimum Support Price (MSP) system legal.
His cinema of compassion inspired me, gave me tools to develop empathy for others. But it also made me understand that serious, socially committed cinema with deeply engaging narratives and great performances is an art form to admire, appreciate and explore. Aseem Chhabra remembers Shyam Benegal, who passed into the ages on Monday evening.
As the farmers prepare to leave their protest sites on Delhi's borders on Saturday after the government repealed the farm laws and acceded to their other demands, many say they will reinstall their tents in their villages as a symbol of their long, arduous struggle.
In an apparent dig at Ajit, Pawar senior said if someone keeps saying he will take everything, people may not say anything but will disapprove of it.
The government will have to move a bill in Parliament to repeal the three agri laws, which were at the centre of protests by farmers for the past year, Constitution and legal experts said on Friday.
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