'Short term volatility is likely due to various factors, global and domestic; investors may use this as an opportunity to increase the allocation to equities.'
Amit Shah believes Bandi Sanjay Kumar is 'single-handedly' capable of unseating the TRS government in the December 2023 assembly election and there is no need for the BJP's central leaders to jump into the Telangana scene.
The week ended October 17 was remarkable as it saw a fall in the unemployment rate. We have not seen such a level in any monthly estimate of the employment rate since March 2020, Mahesh Vyas points out.
If the challenge of the government is to regain the confidence of the minorities, it has to first overpower its own unruly gangs and their heroic masters, says Sunil Varghese.
The move comes after Neeraj Kanwar's reappointment as managing director was rejected by minority shareholders owing to his salary, which increased in spite of a fall in the company's profitability.
'The BJP is scared it may lose the Delhi municipal elections where they have been in power for the last 15 years.'
While Yadav began to tour different constituencies and address public meetings to mobilise the SP rank and file, he has concurrently started the tedious process of cobbling up an alliance of smaller outfits representing a mlange of castes and sub-castes, reports Virendra Singh Rawat.
The shift toward a staunchly secular identity will help Congress to rebuild its trust and confidence with the minority communities, especially Muslim voters. Arguably, this is where the Congress' future also lies in national politics, observes M K Bhadrakumar.
By getting the Tamil Nadu assembly to act on his very imaginative public declaration to keep petro-chemical industries out of the Cauvery delta, which has traditionally been a DMK stronghold, Chief Minister Edappadi K Palaniswami has not only set the ball rolling for the assembly elections due a year later but also sent out a strong message to the BJP government at the Centre, which took a unilateral decision to exempt petro-complexes from environmental clearance, says N Sathiya Moorthy.
In the unlikely event of the BJP-NDA losing all five states going to the polls in February-March, the Presidential electoral college numbers could be significantly altered, points out N Sathiya Moorthy.
Permissive communalism, as represented by the Sachar Committee report, cannot become the basis to counter the threat of majoritarianism, says D L Sheth.
Though most analysts expect the global central banks to keep the liquidity tap open, valuations of Indian markets, they say, are beginning to look stretched. Against this backdrop, they remain cautious, with some even expecting a minor correction from here on.
'Absolute non-violence is not only sinful, but immoral.' 'This doctrine of non-violence benumbed the revolutionary fervor, softened the limbs and hearts of the Hindus, and stiffened the bones of enemies.' A revealing excerpt from Vikram Sampath's Savarkar (Part 2): A Contested Legacy, 1924-1966.
'Bommai is everybody's man and nobody's man'
'Instead of developing the capacity, capability and strength to fight our external enemies, we are turning our own people against each other.'
The deal, which is expected to close in the next four to five weeks, will give exit to investors Alibaba, Abraaj Group and IFC. The parties are awaiting approval from the Competition Commission of India (CCI).
Together, the top 10 business groups reported a pre-tax loss of Rs 19,342 crore during the January-March 2020 quarter, as against a profit before tax of around Rs 48,500 crore in the year-ago period and Rs 39,600 crore during the December quarter. While Vedanta was the worst hit. others included Aditya Birla, Bharti, Adani, Mahindra, and Tata.
'Even if the government does not implement an all-India NRC before 2024, it will be part of the party's long-term project.'
'I don't think there is a wave in favour of the Samajwadi Party, or against the BJP.' 'This election is largely about which party is able to build a larger social and political coalition.'
Belying all expectations, the Trinamool Congress registreted a landslide victory in West Bengal assembly elections, overcoming the might of the Bharatiya Janata Party after a bitter campaign that had turned into a virtual duel between Chief Minister Mamata Banerjee and Prime Minister Narendra Modi.
Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday reported a 12 per cent rise in December quarter net profit on improving oil-to-chemical business, strong continued momentum in retail and steady telecom unit Jio.
India has a high and rising current account deficit rather than a surplus; fiscal deficits far exceed anything close to prudent; and the inflation numbers have exposed India as an embarrassing outlier among emerging market countries.
Given that there has been no negative news flow around Zomato, analysts believe it's time to lap up the shares at lower levels.
As of now, there is nothing to suggest that the 'Michaelpatti episode' has the potential to polarise Dravidian Tamil Nadu on religious lines, observes N Sathiya Moorthy.
Profit up due to strong performance of biopharma segment.
Ajay Pandita, sarpanch of the Larkipora area in Anantnag district and a member of the Congress party, was shot at by terrorists in his native village at around 6 pm, a police official said. He said Pandita was rushed to a hospital where he succumbed to injuries.
During the quarter, growth in base business was driven by India and Western Europe.
'The BJP has become a reasonably larger force in Tamil Nadu in the last two years.'
Your promise to protect bankers for their commercial decisions is a huge confidence booster, but how does one define a commercial decision? Are our investigative agencies well equipped to dissect lending decisions of bankers?
Over the three-month period, Airtel's stock price has rallied from Rs 432 to Rs 540, while Vodafone Idea has risen from Rs 9.2 to Rs 11.8 per share.
Reliance Retail Ventures Ltd, run by India's richest man Mukesh Ambani, on Tuesday raised Rs 5,512.50 crore from Abu Dhabi Investment Authority (ADIA), taking the total fundraise to Rs 37,710 crore in less than four weeks.
Upholding principles was a luxury when there were charismatic leaders capable of winning elections without stooping low to indulge in identity politics, observes Virendra Kapoor.
It is in no way a government of the economic Right. The Right is limited to religion and nationalism. The rest is as Left as the Congress or any other party, observes Shekhar Gupta.
As their parties are locked in a fierce battle for Bengal, Tathagata and Saugata Roy, siblings who belong to the BJP and the TMC respectively, answer the same questions put to them about the assembly election.
'In enacting the citizenship law, the BJP's focus has been so much on consolidating its Hindu vote bank all over the country to divert attention from the economic downturn that the party forgot that there are Hindus and Hindus and that one group of Hindus may not always be warmly embraced by another,' notes Amulya Ganguli.
Weeks after confusion over three Mauritius-based funds whipsawing shares of Adani group firms, billionaire Gautam Adani on Monday said that "twisted narrative" seems to imply that companies have regulatory powers over their shareholders and can compel disclosures. Shares of port-to-energy group nosedived last month after reports that accounts of three of the six Mauritius-based funds that have invested most of their money in Adani group firms had been frozen by the national share depository. The three funds owned about $6 billion of shares across the conglomerate.
The rating agency also expects merchandise exports to grow by 8-10 per cent in the next fiscal year.
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The company had posted a consolidated profit of Rs 2,313.87 crore (Rs 23.13 billion) in the same quarter last fiscal, Tata Motors said in a statement.
Experts say Biyani will now become a contract manufacturer of fashion and FMCG products, with the Reliance group being one of his customers.
TTV Dhinakaran's call to the Congress to break up with the DMK and tie up with him, is aimed at consolidating the traditional anti-BJP votes. The stronger message is to all anti-BJP constituencies in the state, especially the minorities and traditionally aligned sections of the Dalit community, that he could be trusted to take forward an 'anti-Hindutva' agenda more seriously than anyone else, the DMK included, says N Sathiya Moorthy.
