Finance ministers of states demanded an increase in allocation under 50-year interest-free loan scheme, while fiscally stressed states like Punjab and Kerala pitched for a special package and borrowing flexibility, sources said on Friday. In a pre-budget meeting with Union Finance Minister Nirmala Sitharaman, states have also urged for higher borrowing limits to support fiscal activities, besides additional funds for Jal Jeevan Mission.
'The CM's credibility is on the line.'
Dalal Street minnows stole the show in 2024, giving handsome returns to investors, helped by a largely optimistic trend in the stock market and impressive retail investors' participation. Analysts attributed the positive trend in the equity markets, where the benchmark indices shattered many records this year, to robust domestic liquidity, strong fundamentals of the Indian economy, and policy continuity.
Varun Tej's committed performance somehow rescues Matka from being a pointless venture with stylish flourishes and interesting ideas, observes Arjun Menon.
'I wonder if they will keep it up after the elections.' 'I fear they'll start questioning eligibility -- income, age, bank accounts -- and eventually stop the scheme altogether.'
'As we navigate uncertain waters, a conservative approach to largecap investing could provide a strategic advantage.'
Squid Game 2 is almost a rehash of the earlier season, discovers Deepa Gahlot.
Pakistan's intelligence agency, the ISI, is reportedly using individuals under the influence of drugs or posing as mentally disturbed to infiltrate India and deliver messages to terrorists in prisons. Officials have reported over 10 such cases since July, with individuals entering from Pakistan and Pakistan-occupied Kashmir and being sent to prisons in Jammu, Punjab, and Rajasthan. Security agencies suspect these individuals are couriers tasked with relaying communication to jailed terrorists. The ISI's tactic is believed to be a response to the increased use of technology in communication, which leaves behind electronic footprints. This method of infiltration has also been linked to drug smuggling operations. The ISI's current tactic is reminiscent of its past use of "sawari operators" on the Samjhauta Express for covert operations, which were effectively curtailed by authorities.
The Supreme Court on Friday refused to refer pleas related to the June 2022 Maharashtra political crisis triggered by the Shiv Sena's division to a seven-judge bench for reconsideration of the 2016 Nabam Rebia judgment.
She looked like the prettiest princess of them all.
In about a fortnight, Vistara - known for its premium service - will take off on its final flight before merging into the legacy of Air India. Set for November 12, the merger has sparked discussions on how these two distinct brands will blend.
Fundraising momentum is expected to accelerate further in the New Year, potentially surpassing 2024's record figures
Backing embattled Adani Group, rating agency CRISIL Ratings on Friday said the conglomerate has sufficient liquidity and operational cash flows to meet debt obligations and committed capex and that there has been no negative actions so far by lenders and investors following the US indictment of group founder chairman. The Adani Group, which has the flexibility to reduce certain discretionary capital expenditure (capex) depending on developments in financial markets and future capital availability, has a healthy Ebitda and cash balance that reduces its dependence on external debt to sustain operations, it said in a bulletin.
the largest transactions of the year include the merger of Quality Care India and Aster DM Healthcare valued at $5.08 billion, followed by Bharti Enterprises' acquisition of a 24.5 per cent stake in the BT Group at $4.08 billion, and a family settlement transaction in the Godrej family at $3.5 billion.
Commencing hearing on pleas challenging the constitutionality of the Places of Worship Act, 1991, the Supreme Court asked the Centre to reply to cross-pleas against or seeking implementation of statute.
Workplaces of 2025 will be defined by a deep focus on people-first values, inclusivity, and sustainable growth, foresees Sonica Aron, founder of Marching Sheep.
Foreign investors have pulled out Rs 22,420 crore from the Indian equity market so far this month, owing to high domestic stock valuations, increasing allocations to China, and the rising US dollar as well as Treasury yields. With this sell-off, Foreign Portfolio Investors (FPIs) have recorded a total outflow of Rs 15,827 crore in 2024 so far. As liquidity tightens, FPI inflows are expected to remain subdued in the short term.
The paint sector is seeing heightened competition with the entry of deep-pocketed groups like Aditya Birla and JSW. However, some brokerages see an opportunity in select stocks.
When asked the reason for India's abstention from a resolution in the UN General Assembly on October 27, 2023, regarding the protection of civilians and upholding legal and humanitarian obligations, Jaishankar said there were many resolutions in the UN General Assembly and in some India abstained and in some, it voted in favour.
'The HIL will be bigger and better this time around.'
The GST Council, in its meeting on Saturday, is likely to decide on reducing tax rates on life and health insurance premiums, while hiking it on high-end wrist watches, shoes and apparels, besides considering a separate 35 per cent tax slab for sin goods. The 55th meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state counterparts, is likely to discuss rate rejig in about 148 items, besides, it will also deliberate on bringing Aviation Turbine Fuel (ATF), a major component for airline industry's operation cost, in the Goods and Services Tax (GST) fold.
Jammu and Kashmir Chief Minister Omar Abdullah has expressed concerns about the Congress party's leadership role within the INDIA bloc, raising questions about their ability to justify their position. Abdullah highlighted a sense of disquiet among some allies, who feel the Congress isn't doing enough to earn its leadership position. While praising Sonia Gandhi's leadership, he also criticized the alliance's lack of consistent engagement and called for more structured communication to address potential disagreements. Abdullah's comments suggest underlying tensions within the opposition alliance, particularly regarding the Congress's electoral performance and seat distribution strategies.
'As we enter 2025, it must be acknowledged that there is a convergence of capital, influential people (from business and politics) and technology deciding the destiny of others in the name of pride, patriotism, nationalism, nation building, all of it thinly veiled disguises for personal profit and glory,' asserts Shyam G Menon.
Unbelievable, did you say? Ramalingam Kalirajan explains the simple math.
'On the big screen, we focus on hope for your dreams whereas OTT is the bitter reality.'
Data from Value Research analysed on five-year, three-year and one-year performances of active equity schemes to pick the best performers in popular scheme categories.
'What solution can Gambhir or Nayar possibly give, apart from telling him to not play those deliveries?'
Gauri wasn't very happy about living the Bombay life. With no friends in the city, she wanted her husband's films to flop so they could go back home, to Delhi.
Equity mutual funds witnessed an inflow of Rs 35,943 crore in November, marking a drop of 14 per cent on a month-on-month basis, amid heightened volatility in stock markets driven by various macroeconomic factors, geopolitical events and US election results. Despite this, it marked the 45th consecutive month of net inflows into equity-oriented funds, reflecting the growing popularity of mutual funds among investors, according to data from the Association of Mutual Funds in India (AMFI) released on Tuesday.
After a prolonged winter, the Indian edtech sector seems to be witnessing some signs of a thaw. The sector has received $608.8 million of funding across 68 deals in 2024 so far - 153 per cent more than the $240.9 million across 106 deals during the same period last year - according to data from market intelligence platform Tracxn.
Apple and its vendors are aiming to assemble 32 per cent of iPhone's global production volume and 26 per cent of its value in India by 2026-27 -a year after the final year of the five-year production-linked incentive (PLI) scheme for mobile devices. This could translate into a production value of over $34 billion, assuming global iPhone sales remain consistent with 2023-24 (FY24) levels. The estimates are based on discussions between Apple Inc and its vendors, along with central and state governments, regarding the assembly of products in India, according to sources.
The Samajwadi Party (SP) and the Congress's alliance in Uttar Pradesh came under scrutiny as both parties did not hold a single joint campaign for the bypolls to nine assembly seats. While both parties maintained that the alliance is strong, BJP ally Rashtriya Lok Dal (RLD) claimed a crack in the alliance. The Congress opted out of the bypolls and announced coordination committees for all nine seats to support the SP. However, the absence of joint rallies raised questions about the alliance's strength. The SP campaign was spearheaded by its chief Akhilesh Yadav, while the Congress cited its leaders' busy schedules in Maharashtra and Jharkhand for the lack of joint campaigns. The bypoll results will be announced on November 23.
A body representing the 'Khadims' of the Ajmer dargah has condemned a plea in a local court that seeks to declare the shrine of Khawaja Gharib Nawaz as a temple, saying right-wing forces were trying to "isolate" Muslims and "disrupt" communal harmony in the country.
2024 saw some of the most competitive and captivating cricket being played on the field.
The crater was formed during the Nectarian period, which dates back to 3.85 billion years and is one of the oldest time periods in the Moon's history, the team, including researchers from the Physical Research Laboratory and Indian Space Research Organisation (ISRO), Ahmedabad, said.
'It's very heartening because it's a kind of underdog story and you know, we're not a big film, we're not with big people, we have not been able to plaster ourselves all over the place to make ourselves be seen and watched.' 'But still, we have managed to somehow get here.'
'Since childhood, I have enjoyed playing with children. Even when I did films early in my career, I would make sure that whatever content I am putting out, kids should be able to watch these films.'
'To be able to sail through such volatilities, it is prudent to focus on quality.'
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