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…
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…
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…
The Board of Secondary Education (BSE) has unveiled that the Odisha Matric exam results for the academic year 2024 will be officially disclosed on May 26, at 10:30 am. · The avenue to access these crucial scores will be through the official website, where results will be made available by 11:30 am. · The results of the…
Delhi is all set to vote in the sixth phase of the Lok Sabha elections tomorrow, all 7 constituencies in the national capital are going to polls. · The national capital saw a BJP clean sweep in both the 2014 and 2019 elections, pushing opponents AAP and Congress to the periphery. · Delhi’s political arena is ablaze…
Amidst optimistic global signals, equity benchmark indices-initiated trading on Friday with an upward trajectory during the initial hours of trading. · The 30-share BSE Sensex surged to achieve an unprecedented peak, marking a historic milestone. · While the Sensex stole the spotlight with its historic ascent, the Nifty index also registered a commendable growth trajectory, albeit more…
In the wake of a mounting scandal involving his grandson, Prajwal Revanna, former PM and JD(S) chief HD Deve Gowda has stepped forward with a resolute stance. · Deve Gowda, in a public letter addressing the nation, expressed his profound disappointment and anguish over the allegations levied against Prajwal. · Interpol, acting upon a request from the…
The political arena in Odisha is ablaze with fervent activity ahead of Phase III polling for Lok Sabha and Assembly seats scheduled for May 25. · With six Lok Sabha constituencies and 42 Assembly segments set to cast their votes, leaders from major political parties are intensifying their efforts to sway the electorate in their favor….
