By Dr. Gyan Pathak BJP is finding itself in a very tough electoral battle in the third phase of Lok Sabha election in Uttar Pradesh for which election campaign will end on May 5. It is surprising that despite high pitch communal campaign by BJP leadership, including the Prime...
By Harihar Swarup Modi ki Guarantee—Ram Lalla Darshan Yojana. The promise, displayed on large hoardings, is what welcomes you to Raipur as you exit airport. Even those who live in the hinterlands of Chattisgarh have been assured of a darshan at the Ram temple in Ayodhya if Prime Minister...
By Sushil Kutty Congress leader Rahul Gandhi’s move to shift battleground from Amethi to Raebareli is a King’s defence. Chess great Garry Kasparov, however, didn’t seem to agree. He cracked his “little joke” on the Gandhi family scion even while stating that Indian politics shouldn’t take his “advocacy or...
By P. Sreekumaran THIRUVANANTHAPURAM: Left parties are made of sterner stuff. Their leaders, MPs and MLAs are not up for grabs unlike the Congress party which succumbs to threats, intimidations and blandishments from the saffron camp at the drop of a hat as it were. That is the unmistakable...
By M A Hossain In the vibrant heart of Riyadh, amidst its soaring skyline and lively thoroughfares, a momentous gathering of global leaders, policymakers, and influential business figures recently unfolded. The occasion? The World Economic Forum’s Special Meeting in the Kingdom-an event of profound significance, highlighting Saudi Arabia’s escalating...
By Ben Chacko LONDON: The Tories are imploding. That is the story of local election results following the polls to the councils throughout Britain, hundreds of Conservative seats lost, and gains for Labour, the Liberal Democrats and the Greens. Keir Starmer says Rishi Sunak should take the hint and...
MUMBAI: After recording double-digit growth for two consecutive years, India’s services exports decelerated in FY24 to a three-year low, with a modest increase of 4.9 per cent to $341.1 billion, data released by the Reserve Bank of India showed. However, net services exports grew at a robust pace of...
MUMBAI: Cash-strapped Vodafone Idea’s subscriber losses slowed to a six-month low in March, while market leader Reliance Jio continued to add the most number of users, outpacing nearest rival Bharti Airtel, telecom regulator data showed Friday. Jio added 2.14 million users, followed by Airtel, which added 1.75 million users,...
MUMBAI: The Reserve Bank of India Friday said the Centre plans to buy back Rs.40,000 crore worth of government securities on May 9, a move that is expected to ease the tight liquidity conditions in the banking system. This will be the first such repurchase since 2018. The unexpected...
MUMBAI: The Reserve Bank of India (RBI) on Friday said lenders should maintain a provision of 5% for loans extended to under-construction projects, according to draft guidelines posted on the central bank’s website. The provisions can be made gradually in phases till FY27. Once the project enters the operational...
NEW DELHI: Apple CEO Tim Cook on Friday said the company grew strong double-digit in India, clinching a new March quarter revenue record amid an “incredibly exciting market”. Describing India market as a “major focus”, Cook said Apple is working on the entire ecosystem from developer to the market...
NEW DELHI: The government on Saturday lifted the ban on onion exports but imposed a minimum export price (MEP) of USD 550 per tonne. The decision assumes significance as the commodity is politically sensitive and general elections are going on in the country. “The export policy of onions is...
NEW DELHI: The country’s fossil fuel-based power generation capacity increased 2.44 per cent to 243.22 GW in FY24 from 237.27 GW in March 2023, according to official figures. There was a 10.79 per cent rise in non-fossil fuel based capacity (renewable energy sources) addition at 190.57 gigawatt (GW) in...
COLOMBO: Sri Lanka’s rupee, which suffered severe depreciation because of the island nation’s unprecedented economic crisis since 2022, has started to make gains in comparison to other currencies, State Minister for Finance Ranjith Siyambalapitiya said on Friday. He said during the first four months of the year, the Sri...
TBILISI (GEORGIA): The Asian Development Bank is open to funding the space sector in India in addition to focusing on climate finance to mitigate the associated risks, said its Vice President Bhargav Dasgupta on Friday. ADB has done some projects in satellite in the Asia Pacific region, but has...
NEW DELHI: Capital markets regulator Sebi on Friday relaxed the digital onboarding process for clients of portfolio managers, a move aimed at facilitating ease of doing business. While onboarding clients, portfolio managers will have to ensure that new clients use a typed or electronically written note saying that they...
By Dr. Gyan Pathak Regular workers’ real wages have been declining by one per cent every year under Prime Minister Narendra Modi’s regime. However, BJP’s election manifesto and Modi’s guarantees have left this issue untouched, and used the word “wages” only twice, while giving the guarantee of periodic review...
By P. Sudhir The obnoxious speech of Narendra Modi on April 21 at Banswara, Rajasthan was notable for its vicious attack on Muslims and demonising any redistribution policy as a handing over of the gold and property of Hindus to the “infiltrators”. The bigotry displayed in this speech has...