The asset quality of microfinance portfolios worsened in the quarter ending June 2024 due to the impact of heatwaves on borrowers' incomes and collections, coupled with rumours of loan waivers, according to Sa-Dhan. Jiji Mammen, executive director and chief executive officer of Sa-Dhan, said loans with 90+ days past due (dpd) rose to 1.2 per cent in June 2024, compared to 0.9 per cent in June 2023. The 90+ dpd also increased from 1.16 per cent in March 2024.
The Haryana victory will be a morale booster for the Bharatiya Janata Party and increase its bargaining power in the Mahayuti's seat-sharing talks for the upcoming Maharashtra assembly elections, according to political analysts.
Jailed former Pakistan prime minister Imran Khan has invoked the case of Delhi Chief Minister Arvind Kejriwal getting bail to campaign ahead of India's general elections, as he complained before the Supreme Court about the mistreatment meted to him in jail.
Questions will be raised over why those changes take place and whether non-economic factors are at play, says A K Bhattacharya.
Pakistan will hold general election by May 16 after the national and provincial assemblies are dissolved on completing their five-year term, a senior minister announced on Sunday.
Fresh order wins for capital goods and industrial companies may have seen a major slump due to Lok Sabha polls in the first quarter of the current financial year (Q1FY25). At the same time, revenue and profit growth trajectory is expected to have stayed the course, according to brokerage firms. Elara Capital, Motilal Oswal, and InCred Equities expect this sector universe to report a 12- 21 per cent growth in revenue, 21 -36 per cent growth in Ebitda and 24-38 per cent growth in profit on a year-on-year (Y-oY) basis.
Whenever they are announced, the bypolls to 20 assembly seats in Tamil Nadu will be a mini referendum on the state government's performance. It will also be a do-or-die battle for the ruling AIADMK, opposition DMK, as well as the rebel AMMK, says N Sathiya Moorthy.
This week, Akshata visited a Royal British Legion care home catering exclusively for ex-servicemen and women and their spouses in Ripon.
Former Pakistani President Pervez Musharraf, who is a 'proclaimed offender' in the Benazir Bhutto assassination case, on Wednesday announced that he will contest the upcoming general elections from Chitral, a constituency in the Khyber Pakhtunkhwa province.
BIf you know this BJP, it will now go forward to Jharkhand and Maharashtra as if June 2024 never happened, notes Shekhar Gupta.
If 74.9 per cent of NRI voters are from Kerala, Andhra Pradesh at 6.4 per cent, Maharashtra at 4.7 per cent, Tamil Nadu and Telangana at 2.9 per cent each follow way behind.
Canadian Prime Minister Stephen Harper on Sunday night announced that general elections will be held on October 14, a year before schedule. Harper, who has a minority in the Parliament, is hoping to secure a majority through the upcoming elections. The election will cost Canadian tax payers $300 million.
There are states that could swing either way and change the results of the 2024 general election.
In 2019, former Congress president Sonia Gandhi won the seat by a margin 1,67,178 votes against Dinesh Pratap Singh.
'What my Labour government will seek with India is a relationship based on our shared values of democracy and aspiration. That will seek a free trade agreement (FTA), we share that ambition, but also a new strategic partnership for global security, climate security, economic security'
The Pakistan Muslim League N chief Nawaz Sharif on Wednesday demanded early general elections, saying the country's problems would increase as long as the Pakistan Peoples Party-led government remains in office.
The Labour government in the UK has cleared the decks for a 500 million grant to Tata Steel, paving the way for decarbonisation of the company's British business and a sustainable financial future. In a statement, Tata Steel said that it has signed a 500 million Grant Funding Agreement (GFA) with the UK government, allowing it to "proceed at pace with the project to install a state-of-the-art electric arc furnace (EAF) at the Port Talbot steelworks in Wales". This is part of the 1.25 billion green steel project in Port Talbot, of which Tata Steel's investment is to the tune of 750 million.
'Will President Dissanayake calibrate his foreign policy taking into account India's immediate security concerns? We need to watch.'
The Election Commission has postponed the elections in the wake of the assassination of former prime minister Benazir Bhutto in Rawalpindi on December 27.
Against the backdrop of demands by fiery cleric Tahir-ul-Qadri for dissolving Parliament and forming a caretaker government, Pakistan's Supreme Court and Election Commission on Tuesday said there should be no delay in holding the next general election scheduled for this year.
Congress President and Leader of the Opposition in Rajya Sabha Mallikarjun Kharge on Wednesday questioned Union Finance Minister Nirmala Sitharaman over the Union Budget and claimed that the plates of all states except Bihar and Andhra Pradesh were empty in the budget allocation.
The Indian National Developmental Inclusive Alliance (INDIA) parties, led by the Congress, staged a walkout from both Houses of Parliament on Wednesday, in protest against all states except two being 'ignored' in the budget, an allegation termed 'outrageous' by Finance Minister Nirmala Sitharamanm, who said all the states never found a mention in any of the previous budgets, including those presented by the Congress.
Sheikh Hasina, who was elected for a record fourth consecutive term and fifth overall term this year, was always admired by her supporters as "Iron Lady", before the dramatic development that abruptly ended her 15-year-rule in Bangladesh.
'UAE's time zone suits the Indian audience unlike South Africa'
'Given our turbulent neighbourhood, the prime minister is likely to emphasise on democratic dividend as the reason behind India's continuous prosperity.'
'Ladakh has become a hollow UT.' 'Bureaucrats from Delhi rule Ladakh and there is no attention paid to the grievances of the people.'
'The 2024 general elections proved that UP is not Gujarat.'
A voter turnout of 65.79 per cent was recorded in the just-concluded Lok Sabha elections, but the final figures may change as it does not include postal ballots, the Election Commission said on Thursday.
Earlier in the day, Chief Justice of India DY Chandrachud said he will look into Kejriwal's request for an early listing of his plea against a high court order upholding his arrest.
The hospitality industry has around 212,000 rooms, with an industry size of about Rs 82,000 crore. The industry could grow at an annual rate of 10.5 per cent for the next three financial years, despite a quiet Q1FY25. The demand will be driven by domestic travellers, who will contribute roughly 50 per cent of the growth, while foreign tourists will account for 30 per cent.
Market chatter suggests that the BJP could win fewer than 300.
Officials said the polling went off peacefully in all segments including special polling stations along the International Border and Line of Control (LoC) with no untoward incident reported from anywhere.
Cement manufacturers have hiked prices after a challenging Q1FY25, and Q2FY25 (so far) when general elections and seasonal factors cut down on construction activity. The August prices are currently around 3-6 per cent above July 2024 but may not be sustainable in the face of weak demand. H2FY25 may see realisation growth which, if it happens, would drive average operating profit/tonne improvements in H2FY25 over a muted H1FY25.
A turnout of about 59 percent -- the highest in the past seven elections -- was recorded in the first phase of assembly polls in Jammu and Kashmir on Wednesday, Chief Electoral Officer P K Pole said, adding polling passed off peacefully.
'Congress leaders are ready to lose the election and not form the government, but are never ready to share seats with others.'
On June 26, for the likes of me, the music died. Any impression of potential change held forth by the outcome of the 2024 general election, was vaporised, reveals Shyam G Menon.
The Election Commission has opposed in the Supreme Court an NGO's demand to upload polling station-wise voter turnout data on its website within 48 hours of the conclusion of polling for each phase of the Lok Sabha elections, contending it will "vitiate" the electoral space and cause "chaos" in the poll machinery in the midst of the general elections.
'Episodes of targeted attacks on Muslims established that for a section of people and, sadly, even officials of the State, the election results conveyed no lessons.' 'Opposition parties must not be hesitant in speaking out whenever the mob with tacit State support targets Muslims,' asserts Nilanjan Mukhopadhyay, author of Narendra Modi: The Man, The Times.
Nearly half of the MPs elected in the 2019 general elections in India were first-timers.
Stock markets will be driven by domestic inflation data, ongoing quarterly earnings from corporates and global trends this week, analysts said. News flows around the general election would also be tracked by investors, market experts said.
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