PUBLIC HOUSING

Kamala Harris: How is Vice President perceived by public? Does she connect to people?

Vice President Kamala Harris, a former US Senator, Attorney General, and District Attorney, is a potential candidate for the Democratic party's leadership and presidency. Public perception is mixed, with criticisms about her political clarity and effectiveness.

Kashmir 'Martyrs Day': Mehbooba, other politicians claim they are under 'house arrest'

Several political leaders in Jammu and Kashmir have been allegedly put under house arrest, preventing them from visiting the 'martyrs' graveyard'. The leaders expressed frustration at the restrictions, with no official response from authorities. The situation highlights ongoing tensions and challenges in the region.

US House panel subpoenas some Biden aides over his mental fitness

Biden has faced doubts about his reelection chances after a weak and faltering performance in a debate against Republican former President Donald Trump late last month. Since then, some Democratic members of Congress and high- profile donors have publicly asked him to step aside as the party's candidate

Indian IPOs keep drawing individuals on allure of quick returns

Indian retail investors drive IPOs with 57% average gains, outperforming Asia Pacific and global averages. Data shows $10.6 billion in bids across 36 IPOs, all quotas filled. Regulatory surveillance increased. 15 companies aim to raise $11 billion. Exicom Tele-Systems saw high demand. Quick money entices investors despite minimal company analysis.

President Joe Biden saw neurologist at White House for Jan. 17 exam, press secretary says

President Biden's January 17 neurological exam was clarified after debate concerns by Jean-Pierre. Dr. Cannard, seen eight times at the White House, and Dr. O'Connor found no Parkinson's or other major conditions. Conducted partly at Walter Reed, the exam confirmed Biden's health. Cannard, a specialist in movement disorders, supports active-duty members at the White House.

MahaRERA acts against 628 projects for registration, QR code rules non-compliance

MahaRERA has taken action against 628 housing projects in Maharashtra for failing to display registration numbers and QR codes in advertising. Homebuyers are advised to only engage with projects that have the mandatory RERA registration. Collaboration with ASCI helps identify violators across traditional and new-age media platforms.

UK election-winner Starmer inherits weak economy with 'no magic wand'

Living standards have stagnated since Conservatives took power in 2010 and Britain's recovery from the COVID pandemic has been the weakest among big rich nations after Germany. Starmer will be under pressure to use Labour's huge majority in parliament to end the sense of decline, from creaking public services and inflation-hit personal finances to a shortage of housing and weak business investment.

Britain's Labour on track for landslide victory, exit poll suggests, amid anger with Conservatives

The poll released moments after voting closed indicated that center-left Labour's leader Keir Starmer will be the country's next prime minister. He will face a jaded electorate impatient for change against a gloomy backdrop of economic malaise, mounting distrust in institutions and a fraying social fabric. As thousands of electoral staff tallied millions of ballot papers at counting centers across the country, the Conservatives absorbed the shock of a historic defeat that would leave the depleted party in disarray and likely spark a contest to replace Prime Minister Rishi Sunak as leader.

Green bonds - Municipal bodies think change, climate change

Brihanmumbai's ₹10,224 crore FY25 climate budget signifies Indian municipal bodies' shift to sustainability. With Solapur, Vadodara, Bhopal, Indore, and Pimpri-Chinchwad leading green initiatives, CEO Masood Mallick highlights Swachh Bharat Mission, regulatory evolution, and public-private partnerships. NGT's environmental compensation emphasizes compliance, increasing the need for green financing.

Bank of Maharashtra, Uco report low deposit growth, while advances rose much faster

A day after the Reserve Bank of India (RBI) urged banks to bridge the gap between deposit and credit growth, two public sector banks, Bank of Maharashtra and Uco Bank, reported subdued deposit mobilisation. Both banks reported sub-10% deposit growth, while advances grew at high teen percentages year-on-year at the end of the first quarter, June 30.

Britain’s economy isn’t seeing growth anywhere near India’s 7% GDP rise — this has caused fewer differences between the Conservatives and Labour: Jaideep Prabhu

The UK election landscape is marked by economic uncertainties post-Brexit, minimal policy distinctions between parties, and environmental concerns driving voter engagement. Influential figures like Farage, Johnson, and Sunak shape political narratives, while climate change discussions underscore the urgency for sustainable solutions amidst global warming threats.

Bain Capital-backed Emcure Pharma mobilises Rs 583 cr from anchor investors

Emcure Pharmaceuticals has allocated 57.8 lakh equity shares to 48 funds at the upper end of the IPO price band, raising Rs 582.6 crore. The public subscription for the IPO will commence on July 3rd and conclude on July 5th.

Democrats hold ‘Serious’ talks to replace Joe Biden; Is he on his way out?

The Democrats are worried and are there are talks going on to replace Biden. Biden has refused to step down and has the support of more than 50% of the Democrats and from his own family members.

Bajaj Housing Finance launches Sambhav Home Loans for first-time home buyers

Borrowers will have attractive interest rates with affordable EMIs and the option to choose a repayment tenor of up to 20 years. With this, Bajaj Housing Finance will offer a full suit of offerings in the housing finance sector covering all customer categories.

Kiren Rijiju starts process to re-constitute parliamentary committees

Parliamentary Affairs Minister Kiren Rijiju initiated the reconstitution of parliamentary panels, moving motions to set up the Public Accounts and Estimates committees. The Public Accounts Committee, chaired by an opposition member, monitors government expenditure, while the Estimates Committee suggests policy alternatives for administrative efficiency and economy.

What does Nigel Farage promise in his ‘contract’? Is it economically feasible?

The Reform UK Party promises to end all non-essential immigration and proposes steep cuts in personal income tax rates and other direct taxes. He is not expected to win the upcoming parliamentary elections in July.

View: GOI has the solution of India's economic puzzle but it needs to let go fiscal hesitations

India's economy is thriving with 8.2% GDP growth, strong public investment, and tax revenues. However, weak consumer demand and private capex remain issues. To boost growth, the government should create more public sector jobs, increasing incomes and consumption, funded by local savings.

Trump warns jail time could be 'breaking point' for supporters

In an interview aired Sunday on Fox News, the former president and current Republican White House hopeful acknowledged the possibility that he could be handed jail time or a period of home detention at his sentencing on July 11. "I'm ok with it," Trump said, but added he was "not sure the public would stand for it."

Indian Bank board approves plan to raise Rs 12k cr

Public sector lender Indian Bank on Wednesday said its board has approved a proposal to raise up to Rs 12,000 crore through equity and debt.

Slovakia PM Robert Fico shot during public interaction; suspect detained

Election season, so what? IPO floodgates to stay open in May

May's IPO frenzy continues with companies raising funds despite election season volatility. Vodafone Idea FPO oversubscribed 7 times, Bharti Hexacom trading at a 52% premium. ICICI and Kotak remain positive. Ola Electric plans $1 billion IPO.

Trump says migrants are fueling violent crime. Here is what the research shows

Former President Donald Trump is using rhetoric linking immigrants in the U.S. illegally to violent crime in his campaign for the presidency, despite studies showing immigrants are not more prone to criminal behavior. Trump has labeled crimes by these immigrants as "Biden migrant crime" and has been criticized for dehumanizing language. President Joe Biden has disagreed with efforts to demonize migrants based on individual actions. Studies, including a meta-analysis and research on Texas felony arrests, consistently show immigrants, including those in the U.S. illegally, do not commit more crimes than native-born Americans.

Government looking to make Mumbai slum free, says Union Minister Piyush Goyal

“Nobody likes to live in slums, it’s a compulsion. It’s on us how we can get them out of the slums, give them a life of dignity and self-respect. We need to balance all interests and come up with a solution that takes care of all Mumbaikars including poor, middle class, and rich people,” Goyal said in an interaction.