In a significant move, 130 Dalit families in West Bengal were finally allowed to enter the Gidheshwar Shiv Temple after being barred for nearly three centuries due to caste discrimination. The families, who are primarily cobblers and weavers, had faced social and economic exclusion for their attempts to worship at the temple. Local authorities intervened after multiple rounds of discussions with village elders, temple servants, and political leaders, leading to a resolution of the long-standing dispute.
India's three-wheeler exports, which have been on a downhill trajectory over the past few years, are showing no signs of recovery in FY25, with key markets like Sri Lanka, Bangladesh, Nigeria, and Egypt witnessing subdued demand. In May, the country's exports plummeted 11.3 per cent year-on-year (Y-o-Y).
The US Trade Representative noted that India's average applied tariff rate stood at 17% per cent, the highest of any major world economy.
The upcoming Delhi Assembly elections will see around 20 candidates who have switched parties, with the AAP, BJP, and Congress fielding former foes in a bid for political gains. While these candidates aim to prove themselves in their new political homes, they face challenges including apprehension among members of their adopted parties. The article provides details of prominent leaders who switched sides, including those who joined the AAP, BJP, and Congress.
Trump's sweeping tariffs and penalties on China-built ships have turned global shipping into the front line of economic war, observes Shyam G Menon.
'Putin dreams about his legacy. He wants to forcibly restore the Russian empire.' 'Unfortunately, after three years of large-scale war with massive human losses, Putin will not budge from his goal because human life is the cheapest resource in the Russian State.'
BHEL was the top Sensex loser, down over 4%.
Nifty shed 1.5% during the day to end at 5,374.
The Wrestling Federation of India said this was a temporary arrangement and the body will move to its new office in Connaught Place early next month.
If as critics point out, the environmental impact assessment study was commissioned only after the auction process got underway with not all the stakeholders getting to know of it, then the government has already compromised the trust it could have enjoyed with Kerala's public including its coastal communities, points out Shyam G Menon.
Soren, 48, has been asked to depose at the federal agency's regional office in the Hinoo area in Ranchi and get his statement recorded under the Prevention of Money Laundering Act (PMLA), the sources said on Monday.
'While I would never wish for anyone to go through what we are, it has brought out the best in us by making each one of us a better version of ourselves.' 'Being courageous, fighting for freedom, taking the burden of responsibility to help each other...' 'I know hundreds and hundreds of examples where Ukrainians are risking their lives for complete strangers and it is only in moments like this that we truly understand what it means to be human.'
Taking a cue from the UPA's recent tussle with the DMK, foreign investors may consider selling into rallies in the future.
Miles of iron anti-scale walls surround the area, with the Secret Service and Metro police patrolling vigilantly. The scene reflects the heightened precautions, likely influenced by the assassination attempt Donald Trump survived last year -- a moment memorialized in a massive hoarding on the Heritage Building along Massachusetts Avenue.
'If, as happened in Baramulla during the 2024 Lok Sabha election, the youth in the Valley get triggered enough to jump into the wider fray, the end result would be difficult to predict, especially as the state's post-August 5, 2019 political format remains substantially fragmented and foggy,' points out Mohammad Sayeed Malik, the veteran commentator on Kashmir affairs.
Will Lieutenant Governor Manoj Sinha, who gets his orders from New Delhi, call the shots or allow a democratically elected government to independently govern, questions Ramesh Menon.
LTIMindtree's (LTIM's) December quarter revenue, at $1.139 billion, was up 1.8 per cent quarter-on-quarter (Q-o-Q) (5.6 per cent year-on-year or Y-o-Y) in constant currency (CC) terms, marginally ahead of expectations.
'If weak indicators persist, there is a risk that India could slip into a prolonged slowdown similar to the one experienced between 2014 and 2019,' warns Debashis Basu.
The ICC Champions Trophy is set to kick off in Pakistan, marking the country's first ICC event since the 1996 World Cup.
Amid the political uncertainty in Himachal Pradesh, state Congress chief Pratibha Singh on Friday asserted that the Bharatiya Janata Party's work is better than that of the grand old party.
The $22.8 billion CK Hutchison ports deal intensifies geopolitical tensions between the US and China. Chinese media has already called it 'a betrayal of all Chinese people'. Shyam G Menon explains how the proposed sale will reshapes global trade infrastructure.
President Droupadi Murmu addressed both Houses of Parliament, highlighting the government's achievements in various sectors, including economic growth, social welfare, and infrastructure development. She emphasized the government's efforts to lift the economy out of "policy paralysis" and create a more inclusive society. Murmu also acknowledged the challenges posed by digital fraud and cybercrime and stressed the need for a social infrastructure revolution. The President's speech is considered a policy statement, outlining the government's vision and roadmap for the future.
The Board of Control for Cricket in India (BCCI) has made its stance clear about not travelling to Pakistan for the ICC Champions Trophy 2025. On the other hand, the PCB has been firm about hosting the entire tournament in Pakistan.
'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.'
Truck movements across the India-Bangladesh border are on the rise, with increasing rentals signalling a trade recovery between the two South Asian nations. Yet, geopolitical tension looms large, with Bangladesh now under an interim government for nearly two months.
Nationalist Congress Party-Sharadchandra Pawar chief Sharad Pawar turned the heat on his estranged nephew and deputy CM Ajit Pawar on Tuesday, virtually accusing him of breaking the family for his political ambitions.
'We face the risk of remaining a low-income country for a very long time unless something changes in the next few years.' 'Instead of constantly talking about becoming a developed economy, we need to start fixing the problems of the economy one by one.' 'There is so much potential, and we are squandering away the opportunity.'
Indian IT hiring landscape is at a pivotal juncture as it transitions from a year of decline towards a more hopeful future. The focus on specialised skills, particularly in AI and data science, combined with geographical shifts towards Tier 2 cities, indicates a transformation within the sector.
Iran's ambassador to India, Iraj Ilahi, expressed concern about the stability and security of the "whole region" following the collapse of the Syrian government, highlighting Tehran's worries about the potential wider ramifications of the situation. Ilahi also emphasized the importance of promoting tourism between India and Iran, citing their shared cultural heritage and the recent easing of visa restrictions.
In May, MFs were the net sellers in several PSUs, as they deployed Rs 47,600 crore in equities during the month.
What India needs more than one simultaneous election is better governance both at the central and state level. Yes, we need reforms, but our priority should be to make elections less expensive, make it more democratic, do away with freebies which are actually bribes before elections, allow only those who are educated to contest, and bring in a bill to make it impossible for criminals to contest, advocates Ramesh Menon.
The political script for pre-2019 politics has gone with the wind and the writers of the new script seem in no great hurry to oblige the tormented, observes Mohammad Sayeed Malik, the distinguished commentator on Kashmir affairs.
'The government is saying 88 Hindus have been killed, but it could be much more.' 'Their properties are being looted, their businesses have been ransacked. I am getting distress calls from there.' 'Muslims who believe in the philosophy of Sheikh Mujibur Rahman are also under attack. Most of those who have fled Bangladesh after Sheikh Hasina's fall are Muslims.'
"Whatever may be the political undercurrents, the economy, and the markets, are bound to go forward at its own pace. It will get bigger and better. Our challenge is to keep it safe (for the benefit of investors)," the Sebi chief said.
Quarterly earnings from corporates, global trends, and trading activity of foreign investors will guide market sentiment this week, analysts said, adding that benchmark indices may face volatile trends. "The upcoming release of Q2 results will be closely watched, providing insights into corporate performance. "Meanwhile, the escalating tensions between Israel and Iran introduce a significant geopolitical risk, potentially leading to increased oil prices and market volatility.
... and there is no stopping its pan-Islamic agenda, cautions Ambassador M K Bhadrakumar.
Congress MLAs will likely to leave for Jaipur from Bhopal on Wednesday.
As the political uncertainty settles down, investors are reviewing their assumptions about the power sector. Demand here is likely to continue to grow strongly in the long-term at around 5-6 per cent CAGR (compounded annual growth rate) during the next 6-7 years. Given policy continuity, several trends will persist.
'The race is now on for Indian IT firms to develop their AI prowess and focus on a software-first approach to services as the people element becomes more complicated with Trump's expected new regulations.'
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