The size of India's middle class will nearly double to 61 per cent of its total population by 2047, from 31 per cent in 2020-21, as continuing political stability and economic reforms with a sustained annual growth rate of between 6 per cent and 7 per cent over the next two and half decades will make the country one of the largest markets in the world. The findings are part of a report released on Wednesday by the People Research on India's Consumer Economy (PRICE) and India's Citizen Environment, a not-for-profit think tank. The report titled, The Rise of India's Middle Class, is based on an analysis of primary data collected by PRICE through its pan-Indian survey.
The Canadian high commissioner to India was summoned to the ministry of external affairs and informed about the decision to expel the senior Canadian diplomat.
Reserves provide a cushion against shocks.
The BJP has not only lost but its entire stance on terrorism stands exposed. It will need many 'chintan baithaks' for the party leaders to find out why the voters have not bought their serious and quite justifiable allegation of the Congress being 'soft on terror'.
The murder of Atiq and his brother and the police encounter with his son have raised many questions about the propriety of how crime is tackled by the Yogi government. But Yogi knows he has the support of the people who are fed up with crime holding the state to ransom for decades, asserts Ramesh Menon.
It should announce its candidates 45 days before the elections; trust rooted leaders; start its campaign focused on five guarantees six months before elections.
British writer and historian Patrick French has died in London after battling cancer for four years, his family announced on Thursday.
The "unknown" sources are income declared in the annual audit report by these parties but without giving the source of income, according to the ADR.
Politicians are supposed to get into the business to change the world around them. But it seems Gandhi got into the business to help keep a party running, says Mihir S Sharma
Income of political parties from known donors was Rs 1,835.63 crore, which is 16 per cent of their total income.
From the voter-level, traditionally anti-BJP, anti-Hindutva minorities and other secular voters would have an option, especially in the face of the mounting anti-incumbency against the ruling party -- as it happened in the 2001 assembly polls, points out N Sathiya Moorthy.
Investors are showing some interest in the downstream energy cycle. Refiners and marketers, especially the public sector (PSU) oil marketing companies (OMCs) could see a revival of marketing margins. Lower crude oil and gas prices may also improve margins in industries like paints, logistics, synthetic fabrics, plastics, and fertilisers. In the medium-term, however, there could be a supply overhang affecting OMCs as new refining capacities are scheduled to be commissioned, especially in China, and this may lead to a drop in the refining margins as capacity would be surplus to demand until and unless there's a pick-up in global growth.
The recent attacks on north Indians by Maharashtra Navnirman Sena are a shrewd ploy of party chief Raj Thackeray to embarrass the Shiv Sena and usurp its core Marathi constituency, political observers in Mumbai say.
Rapidly changing geo-political scenarios such as the ongoing Russia-Ukraine war have made a significant impact on cybersecurity. Despite their best efforts, cybersecurity teams of enterprises may not be able to plug all vulnerabilities, according to a report by Indusface, a software-as-a-service security firm.
The list includes constituencies where the BJP came second or third in the 2019 Lok Sabha elections, and also some which the party has never won.
The former Union minister asserted that an objective analysis of the political situation will lead to the conclusion that the Congress has to be the "pole" around which Opposition unity in the 2024 Lok Sabha election can be built.
NCP chief Sharad Pawar believes that Gujarat Chief Minister Narendra Modi's popularity may not translate into votes to give him a clear nod to become prime minister, says Sheela Bhatt
Six entities including four foreign portfolio investors (FPIs) are under lens for suspicious trading in Adani group shares prior to the release of the damning Hindenburg report, the Supreme Court-appointed expert committee has said. There was a build up of short positions in the Adani scips prior to the January 24 release of the Hindenburg report, and substantial profits were booked thereafter as stocks crashed, the 178-page report said. A "short" position is generally the sale of a stock one does not own.
Hindenburg Research has alleged that Adani Group was "engaged in a brazen stock manipulation and accounting fraud", a charge the conglomerate described as malicious, unsubstantiated, one-sided, and having done with malafide intention to ruin its share-sale.
He said China has accrued significant capacities for force mobilisation, application, and sustenance of military operations and maintained the long-pending boundary issue can not be divorced from bilateral relations between the two Asian giants.
Re-elected MLAs from the ruling party added more wealth in the last five years than re-elected candidates from other political parties, shows an analysis of ADR electoral data.
The need for finding options for proper functioning of Parliament is of paramount importance as the frequency of the passage of Budgets and other economic Bills without discussion or debate has only increased in the last few years, notes A K Bhattacharya.
The Association for Democratic Reforms slams the Budget proposals on political funding, says they lack teeth and show the "lack of political will" in proposing real reforms.
BJP leaders in Gujarat feel that though Narendra Modi and the party will fight the allegations politically, there is no denying that the legal fight will have some political price attached to it. Sheela Bhatt reports
Deciphering its secrets will unlock the early history of not only our planet, but also of the star system, explains Kumar Abishek.
The case against Balaji and his aides pertains to his tenure as the state transport minister in the All India Anna Dravida Munnetra Kazhagam government during 2011-15.
The more Narendra Modi tours the country with his 'vikas purush' card, the more the Congress will refresh his image as the poster boy of Hindutva. The irony is that the Congress's political reaction suits Modi! He won't complain at all, says Sheela Bhatt.
The states have outstanding liabilities of a whopping Rs 59,89,360 crore as on March 31, 2021, and the new sources of risk have emerged in the form of rising expenditure on non-merit freebies, the Supreme Court was told on Thursday by a PIL petitioner opposing irrational handouts.
'The Modi visit will prove to be the watershed where India and the United States commenced technology trade and transfer.'
'There are many options before opposition parties and this nation has a wealth of leadership.'
In the current sordid saga, it is not the Indian people who have failed. It is India's political leaders who have failed the people, unforgivably, says Sheela Bhatt.
An analysis of seats across the five states shows that the race was won on tighter margins than five years ago, except for Punjab and Uttarakhand.
If implemented after stakeholder consultations, migrant voters do not need to travel to their home district to exercise their franchise.
Mutual funds' average cash holdings in equity schemes topped 6 per cent in February as fund managers went slow on deployment of new inflows on expectations of better buying opportunities amid uncertainties in the market.
While Congressmen may try and give Rahul Gandhi credit for the withdrawal of the controversial ordinance on convicted lawmakers, it was the President's timely intervention that saved the day for the Congress, says Anita Katyal.
Bharatiya Janata Party chief J P Nadda and Union home minister Amit Shah held a brainstorming session on Tuesday with key party leaders tasked with boosting its prospects in 144 Lok Sabha seats, considered difficult for it, in the 2024 polls.
'Even though as Xi will seemingly continue to stay in power beyond his third term, competitions for the post-Xi leadership would be inevitably unfolded beneath the surface of water, and that will be a big headache for Xi the dictator.'
The airlines' losses globally are expected to be down from $52 billion in 2021 to $9.7 billion this year and industry-wide profit should be on the horizon in 2023, Director General of IATA Willie Walsh said in Doha on Monday. International Air Transport Association (IATA) represents some 290 airlines comprising 83 per cent of global air traffic. Walsh, in his inaugural speech at the 78th annual general meeting of IATA here, said that while the outlook for airlines globally is positive, the business environment remains challenging.
After winning awards at Sundance and Cannes, Director Shaunak Sen's All That Breathes has now been nominated for an Oscar in the Documentary Feature Film category.
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