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A potential risk to the rupee's appreciation trajectory lies in the event of a delay in the Federal Reserve's rate cut cycle, particularly if core inflation in the US remains elevated.
tailwinds of a remarkable year and handsome investor returns, Indian equities are set for an eventful journey in 2024, with a slew of local and global cues -- varying from interest rates to Lok Sabha polls to geopolitical happenings. Analysts are of the view that the bull run in the domestic equity market will continue, and over the next 3-6 months, the benchmark indices -- Sensex and Nifty -- could climb up to 7 per cent. In 2023, the 30-share BSE Sensex jumped 11,399.52 points or 18.73 per cent, and the NSE Nifty climbed 3,626.1 points or 20 per cent.
The NSSO had enumerated 79,306 households in rural areas and 45,374 in urban regions.
In India elections are never fought in a straight line. It's fought on many issues, at many levels, with multiple emotions and with a bit of good luck, too. Sheela Bhatt reports from Rajasthan.
The Election Commission is confident of holding the five assembly polls due early next year, including in Uttar Pradesh and Punjab, on time as the poll panel has gained a lot of experience from the electoral exercise in Bihar, West Bengal and four other assemblies amid the coronavirus pandemic, Chief Election Commissioner Sushil Chandra has asserted.
If left unchecked, the 2024 elections may be infamously remembered as the election of deepfakes. The ECI has a tough task ahead, but, more importantly, it has an opportunity to become a global model for scores of countries going to polls this year, notes Ajay Kumar.
Upset with the Congress for not conceding any seat for the Samajwadi Party in the Madhya Pradesh assembly polls, Samajwadi Party chief Akhilesh Yadav on Thursday hinted that the Congress could get the same treatment from his party in Uttar Pradesh.
Sharif, the three-time former premier, said that there is a need for all the political parties to sit together and form a government to pull Pakistan out of its difficulties.
More than half a dozen companies will hit the market with their initial public offerings (IPOs) between now and the end of next week. The cumulative amount raised from these IPOs is expected to be around Rs 8,000 crore. Stationery products firm DOMS Industries and home financier India Shelter Finance's IPOs - of Rs 1,200 crore each - got off to a flying start on Wednesday (December 13), with the former garnering over six times the subscription and the latter getting 1.5 times subscribed.
The Congress has been critical of Prime Minister Narendra Modi and Home Minister Amit Shah for holding political rallies amid the rise in coronavirus cases in the country.
The party has contested the reassessment proceedings, claiming they were barred by limitation.
The minister also cautioned the social media giant and its CEO Mark Zuckerberg of repercussions under the IT Act in case of any data breach came to light.
The share of candidates who were successful among the BJP was 56.5% in 2019. It was 5% for the Congress.
Though different voices are emerging from within the ruling BJP in Madhya Pradesh over the issue, several saffron party MLAs, including senior leaders, appeared worried about a possible repeat of the 'Gujarat formula' to overcome anti-incumbency in the central state, where Assembly elections are due in end-2023.
A high voter turnout was recorded in West Bengal, Assam Kerala, Tamil Nadu and Puducherry assembly elections on Tuesday. The massive polling exercise following COVID-19 health protocol and involving lakhs of personnel began at 7 am and the last hour from 6 pm to 7 pm was set aside for COVID-19 patients and those under isolation. The counting of votes in the states will be held on May 2.
The ruling Mizo National Front led by Zoramthanga is looking for a second straight term in the 2023 assembly polls.
The BJP leads with 23 percent of its 90 Rajya Sabha members having declared criminal cases against themselves.
Experts recommend awaiting the findings of the 2021 Census, which is yet to be conducted, before introducing population control policies.
Nineteen candidates saw an extremely close contest in the maiden District Development Council (DDC) polls in Jammu and Kashmir where the margin of victory was less than 100.
The Chief Election Commissioner pointed out that the exercise involved nearly 7.3 crore voters and over 1.06 lakh polling stations.
The Bharatiya Janata Party government in Gujarat on Tuesday announced 27 per cent reservation for Other Backward Classes (OBCs) in local bodies like panchayats, municipalities and civic corporations on the basis of a commission's report, paving the way for polls in these self-governing institutes.
The second round of the voting was held in the 17 districts amid tight security and strict coronavirus guidelines in place. The voting percentage at 10.30 pm was 54.64, according to the Election Commissions Voter Turnout Apps provisionally data.
The poll-panel called these seizures by its various field and technical enforcement teams a "historic milestone" achieved "for the first time in any assembly electoral process", meaning during simultaneously-held assembly polls.
Domestic stock markets would be driven by inflation numbers, global trends, and the last batch of Q4 earnings this week, analysts said. Markets will also react to industrial production data and consumer inflation numbers that were released after market hours on Friday. "Participants will react to macroeconomic data viz. IIP and CPI first, which were released post-market hours on Friday.
'Right to apprenticeship means that anyone below the age of 25 years with a diploma or other qualifications can demand an apprenticeship with a private, a public sector company or a government organisation. And when he/she demands this, it is the obligation of the government to provide it.'
He also said the governments of the Bharatiya Janata Party, the BSP and the SP that have ruled Uttar Pradesh in the last 32 years, when Congress was not in power, failed to live up to the expectations of the people and the Congress was set for a comeback in the state.
The Samajwadi Party, the Rashtriya Lok Dal and some smaller parties will contest the 2022 Uttar Pradesh assembly polls together, and an announcement in this regard would be made soon, SP chief Akhilesh Yadav said on Tuesday.
Election to fill up 55 seats in the Upper House of Parliament was to be held on March 26, but 37 candidates have already been elected without a contest.
As many as 74,44,260 voters would exercise their franchise using ballot papers to elect their representatives in the 150-ward Greater Hyderabad Municipal Corporation, according to official data.
The amounts are thrice of what agencies seized during the 2014 Lok Sabha poll process.
Several ministers of the Basavaraj Bommai-led Bharatiya Janata Party government, and the assembly speaker, lost the elections, the results of which were declared on Saturday.
Gufran, a resident of neighbouring Pratapgarh district, was injured in an exchange of fire with the Uttar Pradesh Police's Special Task Force near Samda village in the Kaushambi district, Superintendent of Police Brijesh Kumar Srivastava said.
New Delhi says existing food stocks will be sufficient to contain any food price shock.
While the party's vote share jumped by more than four per cent, the Janata Dal-Secular saw a sharp fall of more than five per cent, according to Election Commission data on the assembly elections.
'.. if you do not want to take the asset allocation call.'' 'This category of funds can offer optimum risk-adjusted returns.'
In the months to come, the skies above promise to be a captivating theatre of action, where helicopters play starring roles, ferrying leaders, and echoing the pulse of democracy.
Experts foresee possible scenarios: A BRS government with less majority, a BRS government with BJP and AIMIM support, or a Congress government.
It is not much of an issue just now, but it could become one if the idea of caste census captures socio-political imagination, going beyond electoral tags and identities, says N Sathiya Moorthy.
The Congress continues to decline and BJP's regional rivals are making their presence felt, even in Uttar Pradesh where Samajwadi Party consolidated anti-BJP votes to a large extent.
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