Infrastructure bond issuances by commercial banks in the current financial year (FY25) are likely to surpass Rs 1 trillion, almost double that of FY24, market participants said. So far this financial year, banks have raised Rs 74,256 crore via infra bonds. In FY24, the total issuances stood at around Rs 51,081 crore.
State-run bus services have been completely suspended in five Marathwada districts while curfew and Internet shut-down have been imposed in parts of Beed where the houses of political leaders were targeted by protesters.
Former Prime Minister Manmohan Singh's 1991 budget unshackled India's economy, significantly enhancing the economic prospects for hundreds of millions of Indians, first deputy managing director of the International Monetary Fund (IMF) Gita Gopinath said on Friday.
Prime Minister Narendra Modi accused the Congress and its allies of plotting to have a separate Constitution for Kashmir and working to restore Article 370. Addressing a rally in Chhatrapati Sambhajinagar for the upcoming Maharashtra assembly elections, Modi claimed the Congress is speaking the language of Pakistan and that every Indian wants only Dr. Babasaheb Ambedkar's Constitution in Kashmir. He also highlighted the BJP's fulfillment of Shiv Sena founder Bal Thackeray's wish by renaming Aurangabad as Chhatrapati Sambhajinagar, emphasizing the Congress's opposition to the decision. Modi further contrasted the BJP's focus on national pride and development with the Congress's alleged support for Aurangzeb. He pointed out the BJP's achievements in granting classical language status to Marathi and attracting maximum FDI in Maharashtra after forming the Mahayuti government.
Shiv Sena leader Sanjay Shirsat has demanded that the party be given the crucial home department in the new Maharashtra government, indicating fissures among the Mahayuti allies. He also alleged attempts to sideline caretaker Chief Minister Eknath Shinde, who is reportedly upset with the BJP's decision to claim the chief minister's post.
Kotak Mahindra Bank's net interest margin is likely to swell after the Reserve Bank of India (RBI) lifted its restrictions on the private lender that barred it from issuing fresh credit cards and onboarding new customers through digital mode, brokerages said on Thursday. The bank's net interest margin (NIM) has seen a decline of over 35 basis points (bps) since the restrictions were imposed by the regulator in April 2024.
The weaker rupee will push the country's import bill due to higher payments for crude oil, coal, vegetable oil, gold, diamonds, electronics, machinery, plastics, and chemicals, economic think tank GTRI said on Friday. Citing an example, it said the depreciating domestic currency will increase India's gold import bill, especially as global gold prices have jumped 31.25 per cent, rising from $65,877 per kg in January 2024 to $86,464 per kg in January 2025.
'I don't believe there is an international conspiracy to swamp tribals in India or in Jharkhand.'
Given the possibilities that next year's assembly elections could throw up, Stalin told the state assembly that an interim report had to be submitted by January 2026. The outcomes may well find its way into the DMK's poll manifesto, thus seeking to keep the electoral focus still on the BJP-ruled Centre and Prime Minister Modi, observes N Sathiya Moorthy.
At the PMO, policies are framed by factoring in analytical perspectives, implications, sustainability, and other dimensions.
State Bank of India, Adani Ports, Tata Consultancy Services, ICICI Bank, Reliance Industries and PowerGrid were also among the laggards.
Maratha quota activist Manoj Jarange on Thursday said the final number of seats from where he will field his candidates in the Maharashtra assembly elections will be declared on the last day of the filing of nominations next week.
'After Manoj Jarange Patil began his long march towards Mumbai on January 20, he kept increasing his demands and the government meekly surrendered to him.'
'The Dravidian movement was started for the Hindus who were rejected by the upper castes.'
'Binary fission will happen -- startups will lead to more startups.'
The dramatic moves of Donald Trump, which have shaken up the global order, dominated the discussion. A sense of bewilderment prevailed, but there was also expectation that President Trump would settle down to a more traditional style of governance after a time of shock and awe, observes Ambassador T P Sreenivasan, an attendee at literary festivals in Calicut, Jaipur, Kochi, Sharjah and Thiruvanathapuram.
While the capital spending is being maintained at 3.1 per cent of the GDP, a little more would have boosted economic growth even further, suggests Rajiv Memani.
Finance Minister (FM) Nirmala Sitharaman has presented a forward-looking Budget, reinforcing the government's commitment to 'Reform, Perform, and Transform'.
Both new and completed project values as of December 2024 remain below pre-pandemic levels seen in 2019.
He asserted that the AAP cared for the people of Delhi and that's why they announced financial assistance for the Resident Welfare Associations to help people ensure better security in their neighbourhood by hiring private security guards.
Gold price outlook 2025: Gold prices that have climbed over 30 per cent so far in 2024 to Rs 7,300 per gram in the Indian markets (up 28 per cent in dollar terms till November-end), are set for their best calendar year performance in 10 years, suggests a recent report by World Gold Council (WGC). However, this stellar run, analysts believe, may not carry through till the end of 2025 in the backdrop of economic and geopolitical headwinds.
Ramalingam Kalirajan offers some easy steps to reactivate your accounts with banks like SBI, HDFC Bank, IDFC First Bank and PNB just so that you can start availing all the benefits linked to your account.
It was a protest which held a mirror to the government of a state taking pride in its commitment to democracy, gender equality and social indices.One person, who in his employed days had known governments and political parties at close quarters, told me that public perception of how the Kerala government handled the ASHA workers' strike had been terrible, reports Shyam G Menon.
Jarange, who was earlier on a hunger strike in the village over his demand for reservation for the Maratha community under the OBC category, had ended his fast on September 14 on the 17th day after Chief Minister Eknath Shinde met him and assured to fulfil his demand.
'If you are not prudent, you may exceed your budget, and if it happens too often, you may end up in debt.'
At present, a 10 per cent EWS quota is in force for those sections of the society which are not covered by any kind of reservations. The central law on the EWS quota was enacted more than two years ago to allow reservation for the poor in jobs and education among the general category.
'When voting clause by clause on Waqf came up in the JPC, the TDP and JD-U supported the BJP on each and every clause.'
"The new structure will substantially reduce taxes on the middle class and leave more money in their hands, boosting household consumption, savings and investment," Sitharaman said presenting what was dubbed as 'reformist' budget for the next fiscal in Lok Sabha.
Gaikwad, an MLA from Buldhana assembly seat in Vidarbha region, is no stranger to controversies.
The Union Cabinet, at a meeting chaired by Prime Minister Narendra Modi, held a detailed discussion on the Supreme Court judgement on the sub-categorisation of reservation for SCs and STs as granted in the Constitution.
In a fillip to the ambitious Agnipath scheme, the Union home ministry has announced 10 per cent reservation for former Agniveers in vacancies in the Border Security Force (BSF) with relaxations in the upper age limit.
The reservation would include a 10 per cent horizontal quota for Agniveers in the posts of constable, mining guard, forest guard, jail warden, and special police officers.
Prime Minister Narendra Modi has said he is willing to discard old ideas and embrace new ones as long as they fit into his essential ideology of 'nation first'.
Reserve Bank Governor Shaktikanta Das on Tuesday said the fiscal-monetary coordination was at its best during the last six years even as he thanked Prime Minister Narendra Modi for giving the opportunity to head the monetary authority of the country. Das, in a series of posts on X, on his last day of his six-year term as RBI Governor, also thanked the Finance Minister, various stakeholders and his colleagues at the central bank.
The move, a first in the country after the Supreme Court order, is intended to consolidate the BJP's Dalit outreach in Haryana.
The Supreme Court is scheduled to consider in-chambers on Tuesday a batch of pleas seeking review of its judgment which held that states are constitutionally empowered to make sub-classifications within the Scheduled Castes, which form a socially heterogeneous class, for granting reservation.
'At this moment you cannot give her asylum because if you do, then you are directing public anger against India.'
There's clearly no limit to how dramatic a wedding can be.
The reservation policy requires a fresh relook and new methods are needed for the uplift of people belonging to Scheduled Castes (SC), Schedule Tribes (ST) and Other Backward Classes (OBC), Supreme Court judge Justice Pankaj Mithal said on Thursday.
Prospects of a bumper kharif harvest are expected to lower food inflation in the coming months, making the country's inflation outlook benign, the Union Ministry of Finance (FinMin) said in its monthly economic report for October released on Monday.
