The state government said these bills had been pending with the governor for as long as about two years and his action "subverted" the functioning of the state legislature, rendering its very existence "ineffective and otiose".
'If you invest in sovereign gold bond, you are going to get the price rise of gold over an eight year period.' 'You're also going to get that two-and-a-half percent which the Government of India is willing to give you, treating the money that you've invested in the sovereign gold bond as a kind of a FD or a deposit.' 'That kind of return you can never get anywhere else.'
In its reply, the state government said reservation solely on the basis of religion is also contrary to the principles of social justice and the concept of social justice aims to protect those who are deprived and discriminated against within the society.
The stakes are significant for the BJP in this round as the party had in 2019 won an overwhelming majority of these seats, including all in Gujarat, Chhattisgarh, Bihar and Madhya Pradesh, that will go to polls on May 7.
With the fiscal deficit target staring at the government, the FY25 Budget has limited expenditure options, points out A K Bhattacharya.
With high credit growth and healthy asset quality, listed commercial banks are expected to report steady growth in earnings during the fourth quarter ended March 2024 (Q4 FY24). Profits are expected to grow at 9.6 per cent year-on-year (Y-o-Y) and net interest income (NII) by 8.7 per cent in Q4 FY24, according to Bloomberg analysts' estimates. According to Motilal Oswal Securities, while bank credit growth has been robust, deposit growth has also gathered pace.
'There is uncertainty regarding job opportunities for our children after they serve for just four years under the Agnipath scheme.'
In the event of the BJP's poor performance in the assembly polls this year and in early 2025, Modi's hold will get further weakened because he will no longer remain the invincible electoral persona tightly controlling the machine at his disposal, asserts Nilanjan Mukhopadhyay.
The court sentenced Patkar after considering the evidence before it and the fact that the case went on for over two decades.
With the tagline "Na duri hai, na khai hai, Modi hamara bhai hai, (there's no detachment, there's no chasm, Modi is our brother)", the campaign aims to attract at least 1,000 Muslim women towards the party.
The bench with a majority of 4:1 held that so far as Delhi is concerned, the central reservation policy regarding SC/ST would be applicable here.
The Tamil Nadu assembly on Friday once again passed a unanimous resolution urging the Centre to exempt the state from National Eligibility-cum-Entrance Test and allow it to admit students to medical courses based on Plus Two exam marks.
Modi can abandon the path of Hindutva only at risk to his position within his own fraternity. But if he pursues a hard line, he faces the risk of being hauled up by his coalition-partners. For the first time in a decade, Modi is not in enviable situation, observes Nilanjan Mukhopadhyay.
For how many generations would reservations in jobs and education continue, the Supreme Court sought to know during the Maratha quota case hearing on Friday and raised concerns over 'resultant inequality' in case the overall 50 per cent limit was to be removed.
'The Opposition parties will continue to woo Chandrababu Naidu even though he has said he will support the BJP.'
'Bihar's caste survey has bolstered the Opposition parties, but one shouldn't forget that the BJP is also trying to present itself as a party that cares for the OBCs more than other parties,' points out Sanjay Kumar.
Several mutual funds (MFs) have recently approached the Reserve Bank of India (RBI) as they renew efforts to increase their overseas investment limit. In June 2022, the capital markets regulator Securities and Exchange Board of India (Sebi) permitted MFs to invest in foreign stocks within the aggregate mandated limit of $7 billion after a correction in stocks. One of the proposals shared with the RBI is to link MFs' foreign investment limit to the country's foreign exchange reserves.
A Delhi court on Monday sent Chief Minister Arvind Kejriwal to judicial custody till April 15, noting the Enforcement Directorate's contention that his release could hamper the investigation into the Delhi excise policy-linked money laundering case.
The Centre had told the apex court that the entitlement of former MPs to get pension and other benefits was "justified" as their dignity has to be maintained.
He also criticised the government over an advertisement published in some prominent newspapers listing the steps taken for the welfare of the Maratha community.
The home loan top-up, a kind of secured multipurpose personal loan, is on the regulator's radar, points out Tamal Bandyopadhyay.
Bangladesh is in turmoil, which is not good news for India, which shares a porous 4000 km border with it. There is a danger of fundamentalism growing there, and India has to move in to reset its ties with the new dispensation before China and Pakistan make capital out of it, alerts Ramesh Menon.
This will be the first time that the Congress, since its ouster from power in 2014, will get the post of Leader of Opposition in the Lok Sabha. It failed to get the position in the past 10 years as its tally was below the requisite 10 per cent of total seats in the House, both in 2014 and 2019.
The ED opposed Kejriwal's prayer for five meetings with his lawyer every week, saying it was against the jail manual.
'The upper caste elite's belief that they are casteless is a belief that is available only to the upper castes. Because all the lower castes are reminded by society every day what their caste is.'
These few and far between 'sops for votes' are the reason why the Jenu Kuruba community, which is fighting the government for decades for even the basic amenities -- like land rights, access to water and electricity -- bother to cast their votes, said J K Thimma, head of the settlement.
The notification said the Act will come into force from a date to be announced by the government later.
'Is the Agniveer scheme or their post-retirement re-employment in paramilitary forces or in the state governments the BJP's answer to the crying need on the job front?' 'Or, even Finance Minister Sitharaman's one-year internship scheme in the public and private sector, is it a permanent solution, either?', asks N Sathiya Moorthy.
From the Sensex basket, Tata Motors, State Bank of India, Tata Steel, Power Grid, NTPC, Bajaj Finserv, Bajaj Finance and Asian Paints were the major laggards.
Foreign investors made a significant turnaround and injected over Rs 1,500 crore into Indian equities in February, reversing the massive outflows seen in the preceding month, primarily due to robust corporate earnings and positive economic growth. Additionally, Foreign Portfolio Investors (FPIs) continued to be bullish on the debt markets as they put in over Rs 22,419 crore during the month under review, data with the depositories showed. Looking ahead to March, the outlook for FPI flow appears promising, provided the current economic trajectory and corporate performance sustain their positive momentum, potentially continuing to attract foreign investment into Indian equities, Mayank Mehraa, smallcase manager and principal partner at Craving Alpha, said.
Is it is necessary to play divisive politics to succeed in the next general elections? asks Dr Sudhir Bisht.
Despite price correction, policies that support the yellow metal will remain in place in the foreseeable future.
Syed Firdaus Ashraf/Rediff.com does a deep dive into four elections when Narendra Modi resorted to anti-Muslim fervour and points out that Hindu-Muslim politics does not necessarily mean victory for the BJP.
Rajasthan is reeling under a huge financial burden with the state's debt having gone beyond Rs 5.59 lakh crores. Rajasthan has increased expenditure on education by 203.4 percent, by 105.4 percent on health, by 227.14 percent on housing. Its expenditure on social welfare schemes has increased by almost 2,475 per cent.
The Congress has so far announced 82 candidates for the seven-phase Lok Sabha polls beginning April 19.
The use of RBI capital to strengthen public sector banks will have many positive implications for the economy -- and a few manageable downsides, points out R Jagannathan.
Modi referred to the Lok Sabha polls as a "Kurukshetra (battle)" in which "there is development on one hand and 'vote jihad' on the other".
Initiating the debate from the opposition's side in the Lok Sabha, Gandhi said, "I stand here in support of Nari Shakti Vandan Adhiniyam."
If investing in Bitcoin, adopt a three to five-year horizon and invest systematically to gain from its volatility.
The court said if the time-scale was not kept then posts will continue to remain vacant for years, which would be detrimental to the administration.
