Tag: india politics
With another feather in his cap, Modi to visit BJP hqs
With three crucial states for which assembly elections were held under his belt, Prime Minister Narendra Modi is expected to arrive party’s headquarters in Delhi today to meet members, officials, and the public. Reports say the PM is likely to reach the B...
BJP surge in Chhattisgarh, MP, Rajasthan; Telangana for Cong
The 3-1 verdict between BJP and Congress in the state assembly elections set the stage for the road to the national polls in 2024. State and national contests often differ, of course, but several key indicators of the national mood stand out from the resu...
SC asks TN Governor to resolve issues with CM on bills
The Supreme Court on Friday asked Tamil Nadu Governor RN Ravi to hold a meeting with Chief Minister MK Stalin to resolve the impasse over the non-grant of assent to Bills passed by the state legislative Assembly. A bench comprising Chief Justice DY Chandr...
Cong readies plan to prevent poaching of newly-elected MLAs
Ahead of the results to assembly elections in five states and a clear edge to the Congress party in at least two states in the exit polls, the senior leadership of the grand old party has geared up to prevent poaching in case of tight race on December 3....
High Attrition Keeps Private Banks On Their Toes
MUMBAI: The attrition at private banks has been high in recent years as the workload of employees has increased. Additionally, intense competition from fintechs and new-age lenders has also led to poaching of employees, said experts. At a recent public ev...
Banks’ Non-Food Credit Grows 20% In October
MUMBAI: Banks’ non-food credit grew nearly 20% year-on-year (YoY) in October, compared with an 18.3% growth during the same period last year, Reserve Bank of India (RBI)’s sectoral credit deployment data showed on Thursday. Excluding the impact of the HDF...
State Capex Has Strong Impact On Quality Of Life, Income Generation: India Ratings
NEW DELHI: Despite the fiscal challenges faced by state governments, they will continue to play an important role in boosting the capex and in turn the economic growth of the country, India Ratings said in a report. This could be gauged from the fact that...
Core Growth Surges 12.1% In October, Govt Capex Push Plays Key Role
NEW DELHI: India’s core sector output, that measures production by eight industries, grew 12.1 per cent in October compared to the same time last year, the government said on Thursday. A low base effect and double-digit growth in four industries – electri...
India’s GDP Expands 7.6 Per Cent In Q2; Manufacturing, Construction Lead The Charge
NEW DELHI: India’s gross domestic product (GDP) grew at 7.6 per cent in the September quarter of 2023-24, outperforming expectations by a wide margin as manufacturing and construction activities expanded by double digits. These figures signalled that econ...
BRS complains to EC alleging Cong use of ‘deepfake’ technology
The BRS in Telangana has lodged a complaint with the Election Commission (EC) against the Congress alleging that the party used ‘deepfake’ technology to create fabricated content, targeting BRS president K Chandrasekhar Rao and other prominent party leade...
Bengal FIR against BJP MLAs for insulting national anthem
Barely 48 hours after the BJP launched its campaign in West Bengal for 2024 Lok Sabha elections with Amit Shah’s rally, 12 of the saffron party’s MLAs were booked for allegedly “insulting” the national anthem on the state Assembly premises. The FIR was lo...
AAP readies plan to deal with possible arrest of Kejriwal
The Aam Aadmi Party (AAP) is systematically unfolding its plan B in view of the impending arrest of its convener and Delhi Chief Minister Arvind Kejriwal. From December 1-20, the party will launch a signature campaign, ‘Main Bhi Kejriwal’, across Delhi. T...
World Economy Will Slow In 2024 Because Of Inflation, High Rates, War: OECD
The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars, still-elevated inflation and continued high interest rates. The Paris-based Organization for Economic Cooperation and Developm...
IRDAI Ups Scrutiny Of Broking Deals, Approvals Take Longer
MUMBAI: The Insurance Regulatory and Development Authority of India (Irdai) has increased scrutiny on the ultimate beneficiaries in the transfer of shares within the insurance broking sector. This increased diligence has led to an extension in the approva...
Cabinet Approves ‘Terms Of Reference’ For 16th Finance Commission
NEW DELHI: In a departure from convention, the Union Cabinet late on Tuesday approved the terms of reference for the Sixteenth Finance Commission (SFC) without revealing the names of its chairman and members. Announcing the decision on Wednesday in a pres...
