According to S&P Global’s analysis, the post-election economic landscape is poised for significant developments, contingent upon the electoral outcome. · S&P Global expects inflation to decrease to 5.3% in 2024 · Economic momentum expected to be driven by capital spending. · Sectors like renewables, electronics, and logistics crucial for growth. · A failure to secure a special majority may…
Swati Maliwal broke down while presenting her case against Arvind Kejriwal’s aide Bibhav Kumar, alleging assault at the Delhi CM’s residence. · Bibhav Kumar’s lawyer says no CCTV camera where Swati Maliwal’s alleged assault took place · He claims this was premeditated, she’s ‘dictating all this’. · Maliwal’s legal team countered Kumar’s assertions, highlighting his alleged lack of…
The parents of a 21-month-old boy became inspiring figures for over a billion Indians by donating the organs of their son who was declared brain dead. · The parents of the baby boy, Gouri Shankar Panigrahi and Sharmistha Panigrahi voluntarily expressed their desire to donate organs. · A team of doctors from the AIIMS, Bhubaneswar harvested the…
Pune teen’s blood sample was thrown in dustbin, 2 doctors arrested · With the arrest, additional charges of criminal conspiracy, forgery, and destruction of evidence were added to the accident case. · Police say blood samples were switched to protect the accused minor · DNA tests confirmed blood samples were from two different individuals · The Pune Porsche crash…
Sirens sound in Tel Aviv for first time in 4 months · Israeli military says projectiles fired from Rafah area · Hamas says attack launched in response to killing of civilians · Palestinian officials and media swiftly condemned the attack · Hamas, criticized the bombing, labeling it as a callous disregard for the International Court of Justice (ICJ) · In…
Delhi Chief Minister Arvind Kejriwal has petitioned the Supreme Court for a seven-day extension of his interim bail, citing pressing medical reasons. · Kejriwal in his plea, emphasized a significant weight loss of 7 kilograms since his arrest and raised concerns about his elevated ketone levels, indicating a potential serious health issue. · The interim bail, initially…
Election Excitement Fuels Investor Confidence · Both the Sensex and Nifty hitting record highs · Foreign Investors Shift Stance · Banking Stocks Lead the Charge · Crude Prices and Market Resilience In defiance of subdued global cues, India’s stock market surged to new peaks on Monday, with both the Sensex and Nifty hitting record highs. The Sensex soared to…
The central board of the RBI has approved a historic surplus transfer of Rs 2.11 trillion to the government for 2023-24, significantly exceeding expectations and demonstrating the central bank’s robust financial position. This surplus, allocated despite increasing the contingent buffer to 6.5%, offers an unexpected fiscal boon, potentially reshaping the government’s fiscal outlook for the…
Adani Enterprises shares briefly traded at pre-Hindenburg report levels. · Adani Enterprises’ stocks have emerged from the shadows, painting a picture of resilience and redemption. · That’s partially due to investments from Abu Dhabi-based International Holding opens new tab and U.S. boutique investment firm GQG Partners, which helped Adani shore up confidence. · Adani Group’s flagship company rallied…
Accumulation of Rupees and Investment Strategy · Mitigating Western Sanctions and Ensuring Energy Flow · Implications for Defence and Energy Security · Bilateral Trade Dynamics · Regulatory Framework and Currency Management Russia’s economic maneuvers, particularly in managing the accumulation of rupees in Indian banks, offer a fascinating insight into the intricate dynamics of economic diplomacy amid geopolitical tensions. This…
