Most Commented Business News
Last updated on 16 May,2024 10:40 AM
Refresh
Refresh- Foreigners most short on Indian stocks since 2012 on poll jitters The bearish positions in the derivatives market have come at a time when overseas investors have pulled out about $4 billion from local stocks since early April, reflecting a cautious outlook about the outcome of the elections.
- Countries that go to court for deciding poll results giving us 'gyan': Jaishankar's swipe at Western mediaTaking a swipe, External Affairs Minister S Jaishankar said the Western countries "feel" they have influenced the world for the last 200 years, so they are not able to give up their "old habits so easily."
- India's GDP correlation has gone for a toss in the current year: Asian Paints' Amit SyngleAsian Paints' CEO expressed uncertainty about India's GDP growth, highlighting a disconnect with core sector metrics. He emphasized the need for deeper analysis to understand the 'real' GDP's impact on specific industries, suggesting a reevaluation of GDP correlation. Syngle noted variations across sectors and regions, indicating the complexity of GDP interpretation.
- Not a routine judgment, people feel special treatment has been given: Amit Shah on SC granting bail to KejriwalUnion Home Minister Amit Shah expressed his views on the Supreme Court's decision to grant interim bail to Arvind Kejriwal, stating that he believes it is not a routine judgment and that many people in the country perceive special treatment. The Supreme Court recently granted interim bail to the Aam Aadmi Party leader until June 1, 2024, in connection with the ongoing money laundering probe related to the Delhi Excise Policy case.
- Congress promises 10 kg free ration every month to the poor if voted to powerCongress pledged 10 kilograms of free ration monthly to the poor if the Opposition coalition wins power, contrasting the NDA government's 5-kilogram scheme right now. The current government extended PM Garib Kalyan Anna Yojana for five years, costing Rs 11.8 lakh crore, benefiting around 800 million citizens. BJP criticized Congress's manifesto, questioning fiscal feasibility.
- 2024 Elections BJP Candidates Analysis: Over 25% of BJP's Lok Sabha candidates are defectorsIn the realm of Indian politics, party-switching among leaders is a common occurrence, especially during election seasons. However, the BJP's candidate list for the upcoming Lok Sabha polls stands out due to the sheer volume of such defections. Remarkably, nearly a quarter of the BJP's candidates, 106 out of 435, are individuals who have joined the saffron party in the last decade. According to a TOI report, 90 of these candidates have made the switch in just the past five years. This unprecedented influx of defectors highlights a significant trend in the party's strategy for the elections.
- "For everyone's benefit, don't think people should take a narrow view of it": EAM Jaishankar responds to US' sanction warning on Chabahar Port dealChabahar Port Deal: EAM S Jaishankar stresses regional benefits of India-Iran Chabahar Port deal despite US sanctions warning at his book launch "Why Bharat Matters" in Kolkata. US State Department's Vedant Patel warns of potential sanctions for deals with Tehran. India has signed Long-Term Bilateral Agreement with Iran for Shahid-Behesti port operation.
- PM yet to muster courage to accept invitation for debate with Rahul Gandhi, says Jairam RameshCongress General Secretary Jairam Ramesh criticized Prime Minister Narendra Modi for not accepting an invitation to debate with Rahul Gandhi, who had already agreed to the challenge. The debate invitation was extended by retired judges and a journalist. BJP's Tejasvi Surya nominating Abhinav Prakash as a debater. Prakash, a Dalit leader, was chosen for his expertise and understanding of key issues.
- PoK is part of India, we will take it: Home Minister Amit ShahUnion Home Minister Amit Shah declared that Pakistan-occupied Kashmir (PoK) is an integral part of India and vowed to reclaim it. Shah criticized Congress leaders for not supporting the demand to take over PoK. He urged voters in Bengal to choose between corrupt leaders and PM Modi. He said that the choice was between CAA for refugees or supporting infiltrators. Shah also criticized West Bengal Chief Minister Mamata Banerjee for opposing the CAA and appeasing her vote bank.
- MHA issues first set of citizenship certificates under CAAThe Ministry of Home Affairs issued the first batch of citizenship certificates to 14 individuals in Delhi following the notification of the Citizenship (Amendment) Rules in March. Union Home Minister Amit Shah emphasized the significance of the Citizenship Amendment Act (CAA), labeling it as "the country's law." Home Secretary Ajay Kumar Bhalla personally handed out the certificates in New Delhi and highlighted key aspects of the new rules.
- No car, house or shares: PM Modi declares total assets worth Rs 3 cr in 2024 poll affidavitPrime Minister Narendra Modi declared his total assets as Rs 3.02 crore in his election declaration. This document is a mandatory submission for contesting elections in India.
- Will Dalal Street's major poll jitter really upend India's next PM prediction?The 18th Lok Sabha election sees discussions on low voter turnout amid political tension and market concerns. Psephologists cite various factors, questioning the impact on results. Comparisons with 2014 and 2019 reveal nuanced trends. Analysts debate scenarios where reduced turnout affects the ruling party's prospects, highlighting potential outcomes on June 4, 2024.
- PM Modi doesn't hear people's plights, talks 'irrelevant' things: Priyanka Gandhi in AmethiPriyanka Gandhi appealed to the people to raise their voice and tell Modi that that they do not want to hear about buffaloes, 'mangalsutra', and temples and mosques at the time of elections. She asked them to tell the prime minister to talk about the solutions to their problems.
- China may dump EVs, batteries into India with higher US tariffs: GTRIGTRI warns of China dumping in India due to US tariffs. India can gain from higher duties on medical items. Trade with China surpasses that with the US. GTRI advises vigilance by Indian trade authorities, ramping up production for US market exports.
- Abki baar..: Amid low turnout buzz, Prashant Kishore makes a big prediction for BJP, NDA and oppositionIn a recent interview, political analyst Prashant Kishor anticipates no significant decline in BJP's Lok Sabha tally, foreseeing gains in states like Bengal, Odisha, Telangana, Tamil Nadu, and Andhra. While dismissing the likelihood of a 400-seat win, he emphasizes the need for a nuanced understanding of electoral dynamics amid political discourse.
- NewsClick row: SC orders release of founder and Editor-in-Chief Prabir Purkayastha in UAPA case; declares arrest invalidThe Supreme Court of India has ordered the release of NewsClick founder Prabir Purkayastha in an Unlawful Activities (Prevention) Act (UAPA) case, citing allegations that the news portal received money to spread pro-China propaganda. The court declared the arrest and remand of Purkayastha invalid in the eyes of law.
- TMC will support INDIA bloc 'from outside', says Mamata BanerjeeDuring a public rally in Hooghly, West Bengal Chief Minister Mamata Banerjee announced that her party, the Trinamool Congress (TMC), would extend support to the INDIA bloc "from outside" if it secures power after the Lok Sabha elections. Banerjee pledged to offer leadership and assistance to the INDIA bloc, ensuring that the welfare of Bengal's residents, particularly women and those participating in the 100-days-job scheme, is prioritized without encountering challenges.
- Avoid Milk tea: ICMR advises tea, coffee consumers about when to drink, when to avoid, ideal quantityThe Indian Council of Medical Research (ICMR) and the National Institute of Nutrition (NIN) have issued 17 new dietary guidelines, urging moderation in tea and coffee consumption. Citing health concerns related to caffeine, the ICMR recommends limiting daily intake to 300mg. The guidelines suggest avoiding tea or coffee an hour before and after meals to prevent iron absorption issues. Emphasizing a diverse diet, they promote increased fruit and vegetable consumption while limiting oil, sugar, and salt intake.
- If people vote for BJP, I will have to go back to jail: Arvind KejriwalArvind Kejriwal, the AAP national convener and Delhi Chief Minister, rallied support for INDIA bloc candidates during a roadshow in Model Town. He urged voters to reject the BJP and choose candidates from the AAP and Congress alliance in the Lok Sabha elections in Delhi. Kejriwal highlighted his past imprisonment, linking it to his government's efforts in providing education, healthcare, and free medicines.
- INDIA bloc will get 315 seats, BJP to get 195, says Mamata Banerjee"There will be no Modi in Delhi. Didi is with the people here. Didi will ensure that the INDIA bloc comes to power at the Centre. Based on the numbers I received till yesterday, they will get around 190-195 seats. INDIA bloc will get 315 seats," Banerjee said while speaking at a rally in Bangaon Lok Sabha constituency in North 24 Parganas district.
- Foreigners most short on Indian stocks since 2012 on poll jitters The bearish positions in the derivatives market have come at a time when overseas investors have pulled out about $4 billion from local stocks since early April, reflecting a cautious outlook about the outcome of the elections.
- Chabahar Port deal with Iran sparks sanctions warning for India from its 'good friend' USIndia and Iran signed a 10-year agreement to manage the Chabahar Port, enhancing regional connectivity and providing an alternative to China's Belt and Road Initiative. The US warned of potential sanctions for dealing with Tehran, but stated it would let India address its foreign policy objectives. The deal strengthens bilateral relations and facilitates trade with Afghanistan and Central Asia, with plans to integrate the port into the International North South Transport Corridor. India's investment in Chabahar's infrastructure aims to improve trade routes and access to Central Asian markets.
- Will Modi be as good as his words and retire at 75, leaving field for Amit Shah?Madhavan Narayanan explores the complexities of Modi potentially retiring at 75, Amit Shah's role, Kanhaiya Kumar's impact, Yogi Adityanath's succession, and the evolving election agenda influenced by Congress and social media polls. Narayanan says: "Everybody from global investors to local people are always asking if there is a successor for Modi in terms of long term plans? If so, who would it be?"
- Countries that go to court for deciding poll results giving us 'gyan': Jaishankar's swipe at Western mediaTaking a swipe, External Affairs Minister S Jaishankar said the Western countries "feel" they have influenced the world for the last 200 years, so they are not able to give up their "old habits so easily."
- Will Dalal Street's major poll jitter really upend India's next PM prediction?The 18th Lok Sabha election sees discussions on low voter turnout amid political tension and market concerns. Psephologists cite various factors, questioning the impact on results. Comparisons with 2014 and 2019 reveal nuanced trends. Analysts debate scenarios where reduced turnout affects the ruling party's prospects, highlighting potential outcomes on June 4, 2024.
- AAP to be named as an accused in the Excise Policy case, chargesheet to be filed soon: EDThe Enforcement Directorate intends to name the Aam Aadmi Party as an accused in its money laundering probe related to the Excise Policy case, as revealed during Manish Sisodia's bail plea hearing. ED's counsel informed the Delhi High Court of forthcoming supplementary chargesheets, citing numerous petitions and ongoing investigation demands.
- INDIA bloc will get 315 seats, BJP to get 195, says Mamata Banerjee"There will be no Modi in Delhi. Didi is with the people here. Didi will ensure that the INDIA bloc comes to power at the Centre. Based on the numbers I received till yesterday, they will get around 190-195 seats. INDIA bloc will get 315 seats," Banerjee said while speaking at a rally in Bangaon Lok Sabha constituency in North 24 Parganas district.
- India's GDP correlation has gone for a toss in the current year: Asian Paints' Amit SyngleAsian Paints' CEO expressed uncertainty about India's GDP growth, highlighting a disconnect with core sector metrics. He emphasized the need for deeper analysis to understand the 'real' GDP's impact on specific industries, suggesting a reevaluation of GDP correlation. Syngle noted variations across sectors and regions, indicating the complexity of GDP interpretation.
- No car, house or shares: PM Modi declares total assets worth Rs 3 cr in 2024 poll affidavitPrime Minister Narendra Modi declared his total assets as Rs 3.02 crore in his election declaration. This document is a mandatory submission for contesting elections in India.
- Not a routine judgment, people feel special treatment has been given: Amit Shah on SC granting bail to KejriwalUnion Home Minister Amit Shah expressed his views on the Supreme Court's decision to grant interim bail to Arvind Kejriwal, stating that he believes it is not a routine judgment and that many people in the country perceive special treatment. The Supreme Court recently granted interim bail to the Aam Aadmi Party leader until June 1, 2024, in connection with the ongoing money laundering probe related to the Delhi Excise Policy case.
- 2024 Elections BJP Candidates Analysis: Over 25% of BJP's Lok Sabha candidates are defectorsIn the realm of Indian politics, party-switching among leaders is a common occurrence, especially during election seasons. However, the BJP's candidate list for the upcoming Lok Sabha polls stands out due to the sheer volume of such defections. Remarkably, nearly a quarter of the BJP's candidates, 106 out of 435, are individuals who have joined the saffron party in the last decade. According to a TOI report, 90 of these candidates have made the switch in just the past five years. This unprecedented influx of defectors highlights a significant trend in the party's strategy for the elections.
- Congress promises 10 kg free ration every month to the poor if voted to powerCongress pledged 10 kilograms of free ration monthly to the poor if the Opposition coalition wins power, contrasting the NDA government's 5-kilogram scheme right now. The current government extended PM Garib Kalyan Anna Yojana for five years, costing Rs 11.8 lakh crore, benefiting around 800 million citizens. BJP criticized Congress's manifesto, questioning fiscal feasibility.
- "For everyone's benefit, don't think people should take a narrow view of it": EAM Jaishankar responds to US' sanction warning on Chabahar Port dealChabahar Port Deal: EAM S Jaishankar stresses regional benefits of India-Iran Chabahar Port deal despite US sanctions warning at his book launch "Why Bharat Matters" in Kolkata. US State Department's Vedant Patel warns of potential sanctions for deals with Tehran. India has signed Long-Term Bilateral Agreement with Iran for Shahid-Behesti port operation.
- PoK is part of India, we will take it: Home Minister Amit ShahUnion Home Minister Amit Shah declared that Pakistan-occupied Kashmir (PoK) is an integral part of India and vowed to reclaim it. Shah criticized Congress leaders for not supporting the demand to take over PoK. He urged voters in Bengal to choose between corrupt leaders and PM Modi. He said that the choice was between CAA for refugees or supporting infiltrators. Shah also criticized West Bengal Chief Minister Mamata Banerjee for opposing the CAA and appeasing her vote bank.
- MHA issues first set of citizenship certificates under CAAThe Ministry of Home Affairs issued the first batch of citizenship certificates to 14 individuals in Delhi following the notification of the Citizenship (Amendment) Rules in March. Union Home Minister Amit Shah emphasized the significance of the Citizenship Amendment Act (CAA), labeling it as "the country's law." Home Secretary Ajay Kumar Bhalla personally handed out the certificates in New Delhi and highlighted key aspects of the new rules.
- PM yet to muster courage to accept invitation for debate with Rahul Gandhi, says Jairam RameshCongress General Secretary Jairam Ramesh criticized Prime Minister Narendra Modi for not accepting an invitation to debate with Rahul Gandhi, who had already agreed to the challenge. The debate invitation was extended by retired judges and a journalist. BJP's Tejasvi Surya nominating Abhinav Prakash as a debater. Prakash, a Dalit leader, was chosen for his expertise and understanding of key issues.
- From Bikaner to Blackstone: The success story of humble Haldiram'sSince 2016-17, several private equity firms including General Atlantic, Bain Capital, Capital International, TA Associates, Warburg Pincus, Everston have been talking with the Agarwal family for a minority stake or a controlling one. Haldiram's journey from humble beginnings with a bhujia recipe to a billions-dollar empire is the stuff of business legends.
- China may dump EVs, batteries into India with higher US tariffs: GTRIGTRI warns of China dumping in India due to US tariffs. India can gain from higher duties on medical items. Trade with China surpasses that with the US. GTRI advises vigilance by Indian trade authorities, ramping up production for US market exports.
- NewsClick row: SC orders release of founder and Editor-in-Chief Prabir Purkayastha in UAPA case; declares arrest invalidThe Supreme Court of India has ordered the release of NewsClick founder Prabir Purkayastha in an Unlawful Activities (Prevention) Act (UAPA) case, citing allegations that the news portal received money to spread pro-China propaganda. The court declared the arrest and remand of Purkayastha invalid in the eyes of law.
- The reason why PM Modi is filing his nomination from Varanasi today at sharp 11.40 amPM Modi to file Varanasi nomination with NDA leaders' presence. Scheduled during 'Abhijit Mahurat', 'Anand Yog'. Expected attendees include Amit Shah, Rajnath Singh, Chirag Paswan, Nitish Kumar, Pushkar Singh Dhami, and more CMs.
BACK TO TOP