If growth reverts to the pre-Covid level, a lot of people may have to temper their rosy optimism, points out Debashis Basu.
'The RBI's MPC will maintain the current policy rates (6.50%) at the policy meeting, given ongoing inflationary pressures.'
The Maharashtra Assembly elections are set to be a defining moment for several regional heavyweights, including Sharad Pawar, Chief Minister Eknath Shinde, his predecessor Uddhav Thackeray, and deputy CM Ajit Pawar. The two Pawars, Shinde, and Thackeray are engaged in a fierce battle for political dominance, with the outcome potentially deciding the fate of their respective parties. The BJP is contesting 149 seats, Shiv Sena 81 seats, and the Ajit Pawar-led NCP has fielded candidates in 59 constituencies. In the opposition alliance, the Congress has fielded 101 candidates, Shiv Sena (UBT) 95, and the NCP (SP) 86. The election is also marked by intense factional fights, with the two claimants of Shiv Sena's legacy competing in over 50 seats and the two Pawars facing each other in nearly 37 constituencies.
The Opposition had promised to scrap the Dharavi redevelopment project if it came to power. With the Mahayuti's massive mandate in the Maharashtra assembly election, that prospect has been laid to rest.
The apex court said when a particular structure is chosen all of a sudden for demolition and the rest of similarly situated structures in the same vicinity are not even being touched, "mala fide may loom large".
...'hum decide karenge kaun banega mukhyamantri. This decision is not to be taken in Mumbai.'
'I will never go against my comfort zone in terms of outfits. So, I refused Housefull.'
Out of 24,230 IIT and NIT grads, about 8,000 students didn't find any takers during campus placement drives this year.
Retail investors have become a force to reckon with in the last 10 years with their ownership of Indian equities rising 800 basis points, or 8 per cent, to 23.4 per cent during this period, suggests a recent note from Morgan Stanley. This number, Morgan Stanley said, is set to rise in the next few years as Indian households are still underinvested in equities. India's demographics, policy framework, investor education and modest positive real rates, it said, will fuel the 'equity cult' in India.
Everybody talks of China as the real threat, but we aren't even building a decisive capability against Pakistan, asserts Shekhar Gupta.
The calendar year 2024 is set to go down as the best year for initial public offerings (IPOs) in terms of funds raised. Following the IPOs of food delivery major Swiggy and two other companies slated for next week, this year's total will reach nearly Rs 1.2 trillion, going past 2021's record tally of Rs 1.19 trillion. Swiggy's Rs 11,327 crore IPO, the sixth-largest in India, and solar energy firm Acme Solar Holdings' Rs 2,900 crore IPO opened on Wednesday (Nov 6), while health-tech firm Sagility India's Rs 2,106 crore IPO opened a day earlier.
If you already hold significant amounts of equity in your portfolio, avoid MAAFs with over 60 per cent equity. But if you lack equity exposure, an aggressive MAAF may be appropriate.
'For politicians, winning the next election has become more important than economic stability of the country and broader national interest.'
In effect, he became the first former president to get the nomination for the top office after being convicted of a felony.
Only investors with knowledge of cryptocurrencies, long-term conviction, and a long horizon should invest in this asset class.
On the cusp of launching its Rs 11,327 crore initial public offering (IPO) next week, food and grocery delivery major Swiggy believes quick commerce to be its future growth engine and anticipates that it will outpace its core food delivery business over the next five years. Currently, the quick commerce business of Swiggy - backed by Prosus and SoftBank - is 40 per cent of the size of its food delivery revenues.
United States President-elect Donald Trump on Tuesday announced the nomination of popular Fox News host and Army veteran Pete Hegseth, 44, as his defence secretary.
'I don't believe there is an international conspiracy to swamp tribals in India or in Jharkhand.'
First things first: For those wondering if they need to reapply, the answer is no.
A single security lapse could lead to complete wipe out of your crypto assets in seconds, with no recovery in sight, warns Nikhil Sethi.
Manchester City squandered a three-goal lead to draw 3-3 with Feyenoord in the Champions League on Tuesday.
'More than 9.5% new voters have been added to the electoral voters' list compared to the 2024 Lok Sabha election.' 'This led to an increase in about 5% to 6% in total votes polled for this assembly election.' 'That has tilted hugely in our favour because we worked hard for registration of these voters and concentrated on bringing out these new voters out during this assembly election.'
As Donald Trump registered a historic comeback in the US presidential election, many former Indian diplomats on Wednesday concurred that the India-US ties will "continue to grow" from strength to strength, even as some of them cautioned that Trump is "highly unpredictable" and New Delhi will have to "wait and watch" to see what position he adopts going forward.
Anish's emergence comes as India witnesses an exciting era in chess, with young talents like Erigaisi, R Praggnanandhaa, and D Gukesh shine internationally.
Real Madrid fought back from two goals down as Vinicius Jr grabbed a hat-trick in a thrilling 5-2 win over visitors Borussia Dortmund in the Champions League.
The dawn of a new era had begun under Sourav Ganguly's aggressive leadership. With Ganguly and Coach John Wright at the helm India had transitioned into a force to be reckoned with.
After several losses in the early years of the new century, a resurgent India notched up two consecutive series wins in Australia to become the Aussies' nemesis.
Housing prices in India have fallen by over a tenth in real terms. Yet, prices are unaffordable for most Indians. Middle-income Indians are seen to be able to afford houses if the price-to-income ratio is five. It is 11 in India.
Any of these match ups could influence the outcome of the Perth Test.
In a relatively rare occurrence, the growth in manufacturing jobs exceeded the pace of sector growth in 2022-23 (FY23). The number of persons engaged in the segment grew by 7.43 per cent in FY23, according to figures from the Annual Survey of Industries (ASI) released on September 30. The gross value added for the manufacturing sector grew by 4.24 per cent in current prices and declined by 2.2 per cent in real terms for FY23, according to earlier annual figures released by the government.
'GenAI programmes may not be large in terms of value, but have triggered a lot of new opportunities among clients.'
'When honest, wealthy people come forward to serve India, people should feel proud and welcome them.'
Voters, it is said, get the government they deserve. We will soon see what voters in Maharashtra choose. Till then, a sense of helplessness and scepticism hangs in the air, notes Ramesh Menon.
Andaz Apna Apna is practically the most quoted film since Sholay, observes Sukanya Verma, as she celebrates 30 years of this cult classic movie.
'The relationship between India and the US, when Donald Trump was president, had been so much stronger.'
A bench comprising Justices Sanjiv Khanna and Sanjay Kumar passed the remark while hearing a batch of petitions filed by former Rajya Sabha MP Subramanian Swamy, advocate Vishnu Shankar Jain and others, who have challenged the inclusion of words "socialist" and "secular" in the Preamble of the Constitution.
Showing total disregard for the US constitution, Trump has said that this could be the last election to be held in the country. A Trump presidency could lead to mass deportation of undocumented migrants and harsh family separation, warns Aseem Chhabra.
'BJP and RSS may have differences over minor issues but their hearts long for one common aim -- that of A Hindu Rashtra.' 'And this time to prove this point the RSS has prepared to help BJP win this election with all its might.'
'In this assembly election, Muslims here will vote for one who works, but also one who safeguards their identity.' 'Their existence is more important they feel, than a faulty light meter. So yes, a Muslim representative will make a difference.'
'Trump's disregard for norms and institutions could prove very costly for America's social fabric.'
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