The Bombay High Court on Friday said the Maharashtra Governor has a "constitutional obligation" to either accept or reject "within reasonable time" the proposal sent by the state cabinet to nominate 12 persons as Members of the Legislative Council (MLCs).
Dhami, who is a two-time MLA from Khatima in Udham Singh Nagar district, replaces Tirath Singh Rawat who resigned on Friday night.
Mahesh Nandurkar, executive director and India Strategist at CLSA, talks to Puneet Wadhwa ahead of their 21st India Forum on his interpretation of how the markets have played out over the past few months, the road ahead, and his sector preferences in this backdrop.
Here's your weekly digest of unusual moments from around the world.
A new political party called the 'Jammu and Kashmir Apni (own) Party' (JKAP) will be launched on Sunday and will be led by former state finance minister Syed Altaf Bukhari, with the primary aim of proving "relief to people who have been facing uncertainty since August 5 last year". This will be the first political activity in Jammu and Kashmir after August 5 last year, when the Centre withdrew the special status of the erstwhile state and bifurcated it into Union territories of Jammu and Kashmir, and Ladakh.
One year after his death, Mufti Mohammad Sayeed's legacy stands crucially poised, says Mohammad Sayeed Malik.
The government's critics say that the Prime Minister failed to rein in vicious and unprecedented personal attacks on the central bank chief by the likes of Rajya Sabha MP Subramanian Swamy.
Modi will also need to reconcile market demands with those from forces within his own administration
'There is a sense of realism in the Pakistan army that if they needled India during the Ladakh standoff, they would have seen a strong retaliation.' 'Pakistan was hoping that India would come out looking weaker in the region and get embarrassed, but that obviously has not happened.'
Dealers say foreign investors are now taking keen interest in lower-rated corporate bonds, too
'The Indian market has all the factors at the moment: Over-valuation, over-confidence, reliance on some source of massive fund flows and massive scams.' 'The trigger for a collapse could also have arrived.' warns Devangshu Datta.
There seems to be no "closure" for B S Yediyurappa, the Bharatiya Janata Party's "comeback man" in Karnataka, as he could never complete a full term in office, despite becoming the chief minister four times, surmounting odds. It's also too early to write a political obituary of the 78-year old Lingayat strongman and the 24X7 politician, the face of the party in the state for decades.
The IMF has encouraged both the UK and the EU to work collaboratively towards a smooth transition.
The speaker said he would take a decision on the remaining 14 cases in a "couple of days."
With rate cut expectations running high ahead of RBI meet this week, risk appetite improved especially in rate sensitive stocks
When I knocked on doors (while campaigning), Indian Americans talked more about politics in India -- and I had to tell them this was about elections in New Jersey.
CLSA says any correction in the market due to poll related uncertainty could be a buying opportunity.
The alacrity with which regional States responded to Delhi's invite signals that expectations are high regarding an Indian role in the efforts to stabilise the situation in Afghanistan, observes Ambassador M K Bhadrakumar.
While the NEET is scheduled to be held on September 13, engineering entrance exam JEE Main has been planned from September 1-6. Around 9.53 lakh candidates have registered for JEE-Mains and 15.97 lakh students have registered for NEET.
Indian market probably has more headroom than the US, says Geoff Lewis, senior strategist for Asia, Manulife Asset Management.
'The term 'pro-growth' must be qualified somewhat because, while a rising tide will lift all boats, it will not necessarily do so equally.'
The group will be in a better position to now scale up most of its segments irrespective of government policy, but the bad news others add is its growing debt.
Here's a collection of some of the best photos from around the world shot in the last 24 hours.
'Everyone knows Pakistan is doing it.' 'But what are we doing? We should not incite more violence.'
'In the short-term, the markets may be affected' by the review but 'it will help address what they are worried about which is why we need transparency,' says former chief economic advisor.
Most of the 40 MLAs in the Shinde camp don't have enough legislative experience to conduct business in the House and so the first ministry expansion needed induction of veterans.
'Students are taking a keen interest in a hybrid model, where they start classes online and then complete the course on campus.'
The Karnataka CM with only 37 JD-S MLAs in the assembly is on shaky ground and overly dependent on the Congress for every decision, reports Bibhu Ranjan Mishra.
'The big power struggle in faraway Europe erupted at a most critical juncture when India has been increasingly sceptical about American policies and statesmanship,' argues Ambassador M K Bhadrakumar.
How did marquee Dalal Street investors fare in the Jan-Mar quarter that saw the BSE Sensex tank 10 per cent?
Meanwhile, retail jewellery sales in India have declined by 50 per cent since gold price started its uptrend nearly two weeks. Buyers deferred their fresh purchase amid expectations of a correction in gold prices from the current high level.
Lt Governor Najeeb Jung on Wednesday decided to invite political parties to explore the possibility of government formation in Delhi, a day after Supreme Court's rap over delay in taking a decision on the issue.
'This, together with Chinese revisionism, will constitute the major test of the international system.'
The earlier ambiguity over bifurcation of the state had affected the real estate business.
Xi's visit to Nyingchi, bordering Arunachal Pradesh, signals China's opening of another front to India in the eastern sector, observes Srikanth Kondapalli, the leading China expert.
Some foreign guest workers in the US will be able to re-submit their applications for the H1-B visa, the most sought-after non-immigrant visa among Indian IT professionals, if their petition was solely rejected because it was based on the initial registration period, according to a federal agency. According to the US Citizenship and Immigration Services (USCIS), such re-submission of applications is for those whose applications have been rejected or administratively closed solely because the requested start date was after October 1, 2020. The H-1B visa allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise.
Post Jayalalithaa's death, the Tamil Nadu government is in confused state.
The hostile environment towards outsiders under the Trump government is a major reason, say experts.
Sensex, Nifty end the day in red ahaead of F&O expiry.
Just left a meeting with Chuck and Nancy, a total waste of time, Trump tweeted later.
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