UPA I GOVERNMENT
Congress lying on pro-tem Speaker issue, will not give in to pressure: Kiren Rijiju
Parliamentary Affairs Minister Kiren Rijiju criticized the Congress on Friday for politicizing the appointment of Lok Sabha pro-tem Speaker Bhartruhari Mahtab, highlighting that conventions were followed in selecting Mahtab due to his extensive tenure as a seven-term Lok Sabha MP from Odisha. President Droupadi Murmu appointed Mahtab to administer oath/affirmation to newly elected members. Rijiju rebutted Congress accusations of flouting parliamentary norms, stating that the Congress's claims about another MP's eligibility lacked merit due to interruptions in his tenure.
"Khata-khat...": BJP slams Congress over fuel hike in Karnataka, says our government brought down prices
Puri emphasised that the Centre has taken steps to lower the prices of petrol and diesel. He noted that in states governed by parties opposed to the BJP, the prices of petroleum products remained higher. Puri highlighted that BJP-led states responded to the Modi government's reduction in excise duty by also reducing VAT, which contributed to lowering the prices of petrol and diesel in those states.
Not surprised that Ajit Pawar-led NCP didn't get berth in Modi's new cabinet, says Sule
MP Supriya Sule expressed lack of surprise at the NCP's exclusion from PM Modi's new cabinet. She highlighted the party's historical roles in past governments and emphasized mutual respect in alliances. Sule called for a full loan waiver for farmers and criticized the BJP's treatment of allies. She hoped for stable governance and relief for struggling farmers.
NCP missed out for insisting on cabinet berth instead of MoS with Independent charge: Fadnavis
Maharashtra Deputy Chief Minister Devendra Fadnavis revealed on Sunday that the Nationalist Congress Party (NCP), led by Ajit Pawar, wanted a cabinet position in Narendra Modi's government. He noted that the NCP had declined BJP's offer of a minister of state (MoS) with independent charge.
Rao Inderjit Singh: Gurgaon stalwart with unflinching pulse on electorate
Singh retained Gurgaon seat in the recently concluded general election when he defeated his nearest rival Raj Babbar of the Congress by a margin of more than 75,000 votes.
Investment returns during coalition govt: Modi 3.0 might be good for stock market, mutual fund investors, show trends during previous govts
How will be Modi 3.0 for investments? The stock market experienced a sharp decline following the Lok Sabha elections 2024, causing concern among young investors. They are worried about their investments as a coalition National Democratic Alliance (NDA) government prepares to take oath on June 9, 2024. Will the volatility in the stock market continue? How will NDA-3.0 be for your hard-earned money? Is there a bad government for your investments? Should the incoming government worry debt investors? Should you invest in equities, mutual funds or debt instruments? Questions such as these are worrying investors. So here are some answers that should give an idea of what is in store for you in the next five years.
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Mandate 2024 is about making economic governance the new govt's centrepiece
Even though India is experiencing an 8.2% growth rate, the real political question is whether the people feel this growth. Opinions will vary, but the essential takeaway is that much more needs to be done, as indicated by the mandate in Lok Sabha elections.
Lok Sabha Results: Coalition govt is back. Will policy paralysis too strike again?
Over the past decade, Narendra Modi has propelled India's economy to become one of the fastest-growing globally, positioning it to soon rank as the world's third-largest. His emphasis on reforms and dynamic policies, exemplified by initiatives like Make in India, has bolstered manufacturing and infrastructure growth. However, the recent Lok Sabha election results, leading to a coalition government, raise concerns about potential challenges and policy paralysis ahead. Expert analyses suggest that while coalition governments have historically been effective in driving economic growth, they have struggled to control inflation.
NCBC may delist some of 37 castes from Bengal on central list
37 castes from West Bengal included in Central OBC List by UPA government are under NCBC scanner after Calcutta high court invalidated OBC certificates issued by West Bengal government post-2010.
Court pulls up CBI for delay in filing conclusive charge sheet in Railways land-for-job case
A Delhi court rebuked the CBI for delays in submitting a "conclusive charge sheet" related to the land for job scam in Indian Railways involving RJD chief Lalu Prasad and family members. Judge Vishal Gogne criticised the agency for repeatedly seeking more time and set a deadline of June 7. The CBI had previously filed a supplementary charge sheet against three accused in March.
Aircel founder C Sivasankaran praises Modi govt, says today's India is not like what it was a decade ago, criticises UPA for pressuring businesses
Aircel founder Chinnakannan Sivasankaran has praised India's current business environment, noting, "Today no one can pressurize you." He contrasted this with the coercive pressures of a decade ago under the UPA regime, when Aircel faced severe financial struggles, intense competition, and regulatory challenges, ultimately leading to its market exit and liquidation in 2018.
UPA I, II completed 2 terms under one PM Manmohan Singh: Kharge replies to Modi's remark
For 10 years, there was one prime minister, a person who came from the land of Punjab, ran the country and changed its economy, Congress president Mallikarjun Kharge said about former prime minister Manmohan Singh.
Public support for INDIA bloc similar to Janata Party wave of 1977: Digvijaya Singh
Senior Congress leader Digvijaya Singh compared the public support for the INDIA bloc to the 1977 wave that brought the Janata Party to power. He accused PM Modi of violating the model code of conduct and criticized the Election Commission for not taking action. Singh also disputed the PM's claims on various issues, highlighting alleged lies and faulty policies of the BJP government.
PM's 'mangalsutra' remark is response to Congress over 'wealth redistribution', we have never divided society, says JP Nadda
In an interview with ANI, Nadda said the Modi government has lifted 25 crore people out of poverty, has worked for everyone and has taken steps for the empowerment of women, farmers, the poor, Dalits and other weaker sections. He accused Congress of following policies of divide and rule and not working for the integration of society.
"People within BJP hurt after Kangana fielded from Mandi," Pratibha Singh exudes confidence of Congress winning all Himachal Lok Sabha seats
Himachal Pradesh Congress Committee Chief, Pratibha Singh, confident in winning all seats, including Mandi, despite BJP's surprise candidate Kangana Ranaut. The Mandi constituency, a Virbhadra family stronghold, holds symbolic importance. The upcoming elections will feature a contest between Kangana and Congress heavyweight Vikramaditya Singh.
Can marriage give Rahul Gandhi that edge?
Amid all that talk about promises being made for his Lok Sabha constituency - or, as he put it, 'karmabhoomi' of both his 'mothers' (of the ordinary and grand-mum variety) - one curious soul decided to pop the question - about his marriage plans. It was a yorker that left everyone chuckling, including the 53-year-old bachelor. Prodded by his sister Mrs Vadra, Gandhi was a sport and replied, 'Jaldi hi karni padegi.' It's doubtful, though, that he can muster up a ceremony before the polls end to impress pro-marriage voters.
Downsides of coalition govt are as exaggerated as virtues of single-party rule
Most people equate a government by a single party that enjoys a majority in Parliament with political stability, efficient decision-making and living happily ever after. In this view, coalitions carry the risk of instability, erratic policy and economic woes. India's own recent history shows that such views are unfounded.
Is Congress aware of cost of implementing Rahul Gandhi's 'Khata Khat' schemes: FM Nirmala Sitharaman
Finance Minister Nirmala Sitharaman questioned Congress' understanding of the costs associated with social welfare schemes, including the proposed Rs 1 lakh transfer to women below the poverty line. She highlighted the BJP government's improved fiscal management compared to the UPA era, despite challenges like the Covid-19 pandemic. India's debt-to-GDP ratio is relatively low compared to other economies.
View: Not-too-Swachh a Bharat? Majority of voters in a pre-poll survey think corruption is up from the last poll
Whom do voters blame for rising corruption? The central or state governments? They blame the central government (25%) a bit more than state governments (18%). But no less than 56% of voters say 'both'.
Mehbooba Mufti opposed withdrawal of AFSPA from Jammu & Kashmir when I was CM: Omar Abdullah
Omar Abdullah accuses Mehbooba Mufti of opposing AFSPA removal in Jammu and Kashmir, while addressing the crisis within the National Conference over supporting candidates for the Ladakh Lok Sabha seat, leading to resignations and seat-sharing disagreements with the Congress.
After Muslims and Pakistan, Modi rakes up Godhra incident
Modi linked the Godhra incident to broader political issues, accusing opponents of OBC quota manipulations and inheritance tax plans, while highlighting his aggressive election campaign tactics.
Government adopted pro-poor approach in GST implementation, revenues reached pre-GST levels: Nirmala Sitharaman
Sitharaman's efficient tax administration highlighted in maintaining stable revenues with a pro-poor approach in GST implementation. Despite lower tax rates, revenues reached pre-GST levels, benefiting states. The turnover threshold rose, tax submissions reduced, and tax buoyancy improved post-GST implementation.
S Jaishankar slams UPA's response to 'not to do anything' post the 2008 Mumbai attacks, stresses on strong border defence
S Jaishankar criticizes the UPA government's response to the 2008 Mumbai attacks, emphasizing the need for a stronger defense posture. He highlights India's role as a voice of the Global South and stresses the importance of supporting the military and building infrastructure for border defense.
If you do not treat me well as an investor, I do not care what the macro story is for India: Ajit Dayal, Quantum Advisors
Ajit Dayal of Quantum Advisors cautions about the dangers of high allocations in smallcap funds due to liquidity concerns and stresses the importance of governance in investments to ensure profitability and mitigate risks in the Indian market. Dayal also says: "European capital for India is also important and European capital is increasingly trying to find alternatives to be in other nations besides China."
India needs intensive action on economy, not policy paralysis: Nirmala Sitharaman takes dig at Congress
Stressing that Prime Minister Narendra Modi has set a target for 'Viksit Bharat 2047', she said development doesn't happen by default or without effort. Addressing an event organised by the Institute of Company Secretaries of India - Bengaluru Chapter, Sitharaman said, "It is a sea change between what we inherited in 2013-14 and 2024...where we have reached today.
Indian talent in IT sector will play important role in bringing jobs to India: Anurag Thakur
Taking a dig at the Congress, the Union Minister said, "Can you imagine 10 years back our countrymen were finding it even difficult to think about freeing themselves from the clutches of corrupt Congress party and its alliance partners where one after another scam took place."
Ex-Army chief VK Singh sabotaged revocation of AFSPA in J-K, alleges Omar Abdullah
National Conference vice president Omar Abdullah accused BJP leader Gen (retd) V K Singh of hindering the revocation of AFSPA during UPA-2. Abdullah questioned Singh's opposition to revoking AFSPA, urging the Union home minister to address public movement issues on the Srinagar-Jammu highway and release J-K prisoners. Abdullah expressed concern that AFSPA promises may not be upheld post-elections.
Oil Min counters Rs 399-414 LPG cylinder price during UPA govt vs Rs 803 under BJP rule with 'where was gas' jibe
Oil Minister Hardeep Singh Puri has criticized the opposition Congress' statement of providing cooking gas at Rs 399-414 per cylinder, compared to the Rs 803 rate for general customers and Rs 503 for Ujjwala beneficiaries under the BJP. Puri argued that the pricing under the UPA government was neither here nor there due to scarce availability and the subsidy going to the undeserving.
Hold your zebras, politicos!
Much time has been spent juxtaposing and contrasting a welter of accusations and counter-accusations, claims and counter-claims, between the two groups. The exercise now resembles a theatre of the absurd in India's political economy. What we have here is stringing up facts and figures without a basic understanding of the 'dismal science'. This is a battle of purely political narratives that defy the rules of economics.
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