Author: anglo

Vijay Kedia and the Jhunjhunwala family, renowned for their prowess in the Indian stock market, are increasingly investing in start-ups, marking a significant shift from their traditional focus on established stocks. This trend is driven by several factors. Source:- BBC news Firstly, the Indian start-up ecosystem is booming, with innovations across sectors like technology, healthcare, and finance attracting global attention and investment. This dynamic growth offers the potential for exponential returns, which can be highly attractive compared to the more steady gains from established stocks. Source:- news 18 Secondly, diversifying their investment portfolios into start-ups allows these seasoned investors to…

In a concerning development, relatives of Mumbai MP Ravindra Waikar have been booked for allegedly attempting to use a mobile phone to tamper with an Electronic Voting Machine (EVM). The incident occurred during the Maharashtra Legislative Council polls in Mumbai. Source:- BBC news According to reports, the accused, who are related to Waikar, allegedly tried to use their mobile phones near the EVM to unlock it. This action was promptly noticed by polling officials, who immediately intervened and prevented any tampering. Subsequently, a case was registered against the individuals under relevant sections of the Indian Penal Code and the Representation…

Recent UK polls have emerged as crucial testing grounds for election security amidst a concerning uptick in cyber crimes. As digital threats evolve and increase in sophistication, safeguarding electoral integrity has become paramount. The UK’s proactive approach in fortifying its electoral processes serves as a pivotal example globally. Source:- BBC news In recent years, incidents of cyber interference have underscored vulnerabilities in electoral systems worldwide. The UK’s response has been multifaceted, encompassing robust cybersecurity measures, enhanced collaboration with tech firms, and continuous adaptation to emerging threats. These efforts aim not only to secure electoral infrastructure but also to preserve public…

Latin America is often labeled as the world’s “trade pipsqueak” due to several key factors that collectively limit its global economic influence. Despite possessing abundant natural resources and a sizable population, the region faces significant challenges that hinder its trade prowess. Source:- BBC news Firstly, Latin American countries tend to rely heavily on commodity exports such as minerals, agricultural products, and oil. This reliance exposes them to price volatility in global markets, making their economies vulnerable to fluctuations in commodity prices. Source:- India today Secondly, the region struggles with infrastructural deficiencies, bureaucratic inefficiencies, and regulatory hurdles that increase the cost…

In Karnataka, the recent fuel price hike has sparked a political debate between the Congress and the BJP. The Karnataka Congress has defended the increase, citing global oil market dynamics and the need to maintain state revenues amidst economic challenges. They argue that the rise in fuel prices is necessary to sustain welfare schemes and infrastructure projects crucial for development. Source:- BBC news Conversely, the BJP has sharply criticized the Congress, labeling their defense as a “khatakhat loot model,” accusing them of burdening the common people with excessive taxes and failing to manage state finances efficiently. BJP leaders argue that…

Union Minister Ashwini Vaishnaw recently emphasized that data protection rules are a top priority for the Indian government. Speaking at a tech event, Vaishnaw announced the imminent release of a draft Data Protection Bill for public consultation, underscoring the government’s commitment to establishing a robust regulatory framework to safeguard citizens’ personal data. Source:- BBC news Vaishnaw highlighted that the proposed legislation aims to balance individual privacy rights with the needs of businesses and the government. The bill is expected to incorporate stringent measures to ensure data security while fostering an environment conducive to innovation and digital growth. Source:- India today…

In the recent 2024 Lok Sabha elections, the electoral dynamics in India’s aspirational districts have shifted notably. The Bharatiya Janata Party (BJP) saw a decline in their seats within these districts, in contrast to their performance in 2019. Meanwhile, the Indian National Congress (INC) experienced a significant resurgence, doubling their tally of seats compared to the previous general election. Source:- BBC news Despite these changes in seat allocation, the overall vote shares for both parties have remained relatively stable since 2019. The BJP continues to maintain a significant portion of the vote bank, reflecting steady support. Similarly, the Congress’s vote…

Italian Prime Minister Giorgia Meloni recently captured the Internet’s attention with a viral selfie featuring Indian Prime Minister Narendra Modi. The moment was shared widely after Meloni posted a video on social media, showcasing the camaraderie between the two leaders. Source:- BBC news In the clip, Meloni, with a beaming smile, leans towards Modi, who is also seen smiling warmly. This gesture not only highlights the friendly relations between Italy and India but also resonates with a global audience, reflecting a new era of digital diplomacy where informal moments are shared directly with the public. Source:- India today The selfie…

Catherine, Princess of Wales, made a poignant return to public life by joining the royal family on the Buckingham Palace balcony, her first public appearance since revealing her cancer diagnosis. The Princess, who has been undergoing preventative chemotherapy since March 2024, stood alongside her husband, Prince William, and other senior royals during this significant event​​. Source:- India today Earlier this year, Catherine disclosed her health battle in a heartfelt video, detailing her journey through major abdominal surgery and subsequent chemotherapy. Her brave disclosure was met with widespread support from both the public and global figures​ Source:- BBC news Despite her…

Treasury Secretary Janet Yellen recently stated that the U.S. debt load is in a “reasonable place” as long as it remains at its current level. Despite concerns about the overall size of the national debt, Yellen emphasized that with the recent measures and ongoing economic growth, the debt remains manageable relative to the economy’s size​ (GoldSeek)​​ (U.S. Department of the TreasuTreasur Source:- India today Yellen pointed out that the U.S. economy has demonstrated robust recovery and growth, with significant job creation and low unemployment rates. She argued that fiscal policies, including deficit reduction efforts and strategic investments in infrastructure and…

At the recent G7 Summit in Italy, Indian Prime Minister Narendra Modi and Canadian Prime Minister Justin Trudeau had their first face-to-face meeting since the diplomatic row over the killing of Hardeep Singh Nijjar. This encounter follows months of escalating tensions after Trudeau alleged possible Indian involvement in the murder of Nijjar, a Canadian citizen and a prominent Khalistani activist, in June 2023. Source:- BBC news During the meeting, Trudeau reiterated Canada’s position and concerns regarding the incident, which he had previously raised with Modi during the G20 Summit. The conversation was reportedly tense, with Modi strongly rejecting the allegations…

As the conflict in Ukraine continues, allegations have surfaced that Russia is using hunger as a strategic weapon. Ukrainian and international officials have accused Moscow of deliberately targeting agricultural infrastructure and blockading grain exports, exacerbating food insecurity both within Ukraine and globally. Source:- BBC news Ukraine, often referred to as the “breadbasket of Europe,” is a major exporter of grain and other agricultural products. Since the onset of the conflict, Russian forces have reportedly targeted Ukrainian farmlands, grain silos, and transport routes. These actions have severely disrupted the planting and harvesting seasons, leading to significant reductions in crop yields. Additionally,…

During the G7 Summit in Hiroshima, Prime Minister Narendra Modi engaged in significant diplomatic dialogues with global leaders, including Ukrainian President Volodymyr Zelensky and French President Emmanuel Macron, amidst a backdrop of pressing international issues. Source:- India today In his meeting with President Zelensky, Modi reiterated India’s commitment to fostering dialogue and peaceful resolution of conflicts. The discussions were particularly poignant given the ongoing war in Ukraine, with Modi emphasizing the need for a diplomatic approach to address the humanitarian and geopolitical crises stemming from the conflict. This meeting underscored India’s nuanced stance on global conflicts, advocating for peace and…

N. Chandrababu Naidu’s tenure as the Chief Minister of Andhra Pradesh, starting in June 2014, was marked by a series of transformative decisions aimed at rebuilding and modernizing the state after its bifurcation. Here are his first five significant decisions: Amaravati as the Capital: One of Naidu’s most consequential decisions was selecting Amaravati as the new capital of Andhra Pradesh. Faced with the challenge of establishing a new administrative center post-bifurcation, Naidu envisioned Amaravati as a futuristic city, aiming to develop it as a major economic and technological hub. Source:- BBC news Government Jobs to Families Affected by Bifurcation: In…

In May 2024, India’s trade deficit expanded to $23.8 billion, reflecting ongoing challenges in balancing international trade dynamics. This figure marks a significant increase compared to previous months, indicating a growing gap between the country’s exports and imports. Source:- news 18 Despite the widening deficit, there was a positive development on the export front. India’s exports rose by 9% year-over-year (YoY), reaching $36.2 billion in May 2024. This growth was driven by robust performances in sectors such as pharmaceuticals, electronics, and engineering goods. The demand for these products surged in key markets, including the United States, Europe, and Southeast Asia,…

Vodafone Idea, India’s third-largest telecom operator, is set to raise ₹2,458 crore (approximately $300 million) through the issuance of equity shares and convertible debentures to three key stakeholders: Nokia, Ericsson, and a new entity, Networks India. This strategic move is part of Vodafone Idea’s ongoing efforts to strengthen its financial position and ensure continued investment in network expansion and technology upgrades. Source:- news 18 The funds will be primarily raised by allotting preferential shares and optionally convertible debentures to these vendors. Nokia and Ericsson, long-standing equipment suppliers and partners, are expected to convert their debt into equity, signaling a strong…

. Kishan Reddy, newly appointed as India’s Coal Minister, emphasized the urgent need for India to reduce its reliance on coal imports. In his inaugural address, Reddy outlined a vision to enhance domestic coal production and achieve greater energy self-sufficiency. Source:- BBC news Reddy highlighted the economic and strategic benefits of decreasing coal imports, which have been a significant component of India’s energy consumption. He stressed that boosting indigenous coal production would not only conserve foreign exchange but also support India’s economic growth and job creation in the mining sector. Source:- BBC news The minister proposed several measures to increase…

On June 13, 2024, the U.S. Federal Reserve announced it would maintain its benchmark interest rate in the current range of 5.00% to 5.25%, signaling a pause in the aggressive rate hikes seen over the past year aimed at curbing inflation. The decision aligns with the Fed’s ongoing strategy to balance economic growth and inflation control. Source:- BBC news In its latest economic projections, the Fed indicated a more cautious outlook for rate adjustments, suggesting only one rate cut by the end of 2024, a shift from previous expectations of multiple cuts. This stance reflects the central bank’s cautious approach…

On June 13, 2024, Aam Aadmi Party (AAP) leaders Atishi and Raghav Chadha visited Delhi Chief Minister Arvind Kejriwal at Tihar Jail, where he is currently detained in connection with a high-profile investigation. The visit was primarily focused on addressing the escalating water and power crises in Delhi, issues that have been causing significant distress to the residents. Source:- BBC news Atishi and Raghav Chadha, both holding critical portfolios in the Delhi government, discussed immediate and strategic measures with Kejriwal to mitigate the crises. With Delhi experiencing intense heat waves and increasing electricity demands, the city’s power infrastructure is under…

In April 2024, India’s industrial production growth decelerated to 5.8%, marking its lowest point in three months. This decline contrasts with the 7.1% growth recorded in March. The manufacturing sector, a major contributor, saw its growth rate slow to 3.9%, down from 5.5% in April of the previous year. Source:- BBC news While there was notable growth in power generation at 10.2%, compared to a contraction in April 2023, the capital goods and consumer non-durables segments underperformed, with growth falling to 3.1% and a contraction of 2.4%, respectively. Conversely, consumer durables and infrastructure goods showed more robust performance, expanding by…

Japan’s currency, the yen, has plummeted to its lowest level against the U.S. dollar since 1990, reflecting ongoing economic challenges and the persistent strength of the dollar. As of today, the yen has dipped to nearly 150 per dollar, a stark reminder of the currency’s prolonged depreciation over the past year. Source:- BBC news This significant drop can be attributed to the divergent monetary policies of Japan and the United States. While the Federal Reserve has aggressively raised interest rates to combat inflation, the Bank of Japan has maintained its ultra-loose monetary policy, resulting in a widening interest rate gap.…

During the swearing-in ceremony of Andhra Pradesh’s new governor, Prime Minister Narendra Modi extended a warm and notable gesture to prominent Telugu film stars and political figures, Pawan Kalyan and Chiranjeevi. The event, held in Vijayawada, was marked by Modi’s cordial interaction with the actors, who are also influential figures in Andhra Pradesh’s political landscape. Pawan Kalyan, a popular actor and founder of the Jana Sena Party, and his elder brother Chiranjeevi, a legendary actor and former Union Minister, were both present at the event. The Prime Minister’s friendly demeanor towards them was seen as a significant move, highlighting the…

In a controversial incident, Pope Francis inadvertently used a vulgar Italian term while discussing LGBT issues during a closed-door meeting, echoing a past slip that sparked debate. Speaking with seminarians and priests in Rome, the Pope intended to address the need for pastoral care and inclusion for LGBT individuals. However, his choice of words created confusion and drew criticism. Source:- BBC news In his comments, the Pope sought to emphasize the importance of compassion and understanding towards LGBT people. He criticized a harsh or dismissive attitude, but his use of a coarse expression muddied the message. This incident mirrors a…

In a recent speech, Congress leader Rahul Gandhi strongly criticized the National Democratic Alliance (NDA) government, led by the Bharatiya Janata Party (BJP), describing it as “crippled.” He argued that the BJP, under Prime Minister Narendra Modi, has failed to address the key challenges facing India, such as economic instability, unemployment, and social divisions. Source:- news 18 Gandhi highlighted what he sees as the government’s ineffective response to inflation and the lack of adequate job creation, which he claims have worsened the living conditions for millions of Indians. He also pointed to what he perceives as increasing authoritarianism and the…

Prominent investors like Vijay Kedia and the late Rakesh Jhunjhunwala’s family are increasingly turning their attention to start-ups, driven by the dynamic potential these ventures offer compared to traditional equities. This shift is fueled by several factors: Source:- news 18 High Growth Potential: Start-ups often operate in emerging sectors with exponential growth prospects. Investing early in innovative companies can yield substantial returns, as seen in sectors like technology, fintech, and biotech. Source:- news 18 Diversification: For seasoned investors with substantial portfolios in conventional markets, start-ups provide a means to diversify. This diversification spreads risk and taps into new, potentially lucrative…

Odisha’s Chief Minister, Naveen Patnaik, has governed largely from his residence for the past 24 years, a practice now posing significant challenges for the incoming administration. Patnaik, who has been lauded for his leadership and electoral success, has rarely been seen in the state assembly or government offices, opting instead for a work-from-home (WFH) approach. Source:- news 18 Governance Concerns: As Patnaik steps down, the new government inherits a complex scenario. Critics argue that his prolonged absence from the administrative center has fostered a culture of remote governance, potentially hindering direct oversight and reducing the effectiveness of executive functions. This…

Prime Minister Rishi Sunak has launched the Conservative Party’s manifesto ahead of the upcoming UK general elections, with a strong focus on economic policies aimed at stimulating growth and relieving financial pressure on citizens. Central to the manifesto are promises of significant tax cuts, designed to appeal to both businesses and individual taxpayers. Source:- news 18 Economic Revitalization: Sunak’s manifesto pledges include reducing income tax rates and providing further relief for small businesses. The Prime Minister emphasized that these cuts are part of a broader strategy to invigorate the UK economy post-Brexit and amidst global economic uncertainties. By lowering the…

Baltimore’s primary shipping channel has resumed full operations following the partial collapse of the Francis Scott Key Bridge, a critical connector across the Patapsco River. The incident, which occurred last week, temporarily halted vessel traffic, disrupting the flow of goods through one of the East Coast’s busiest ports. Source:- BBC news Shipping Channel Reopened: The reopening marks a significant relief for the Port of Baltimore and the broader supply chain that relies on its operations. The bridge collapse had necessitated a swift response to clear debris and ensure navigational safety, involving intensive efforts from engineers, maritime authorities, and emergency services.…

As new ministers assume office, the dual goals of enhancing farmers’ income and ensuring food security have become pivotal to their agenda. With agriculture as the backbone of the economy, policymakers face the challenge of uplifting the sector while safeguarding national food reserves. Source:- news 18 Farmers’ Income: The economic stability of farmers is crucial for a thriving agricultural sector. Recent policies aim to enhance income through better access to markets, investment in technology, and diversification of crops. Support measures such as Minimum Support Prices (MSP), insurance schemes, and direct income support are pivotal. The new leadership is expected to…

In the financial year 2023-24, life insurers in India saw a substantial rise in new business premium (NBP) collections, totaling Rs 27,034 crore as of April 2023. This represents a robust 29% growth compared to the same period in the previous year. The surge was driven primarily by Life Insurance Corporation of India (LIC), which collected Rs 16,540 crore, accounting for approximately 61% of the total NBP. LIC’s collections grew by 35%, showcasing its dominant position in the market. Source:- news 18 Private life insurers also contributed significantly, garnering Rs 10,494 crore in new business premiums, marking a 20% increase…

Maharashtra Chief Minister Eknath Shinde’s son, Shrikant Shinde, will not be part of the Modi government despite speculation about his potential inclusion. Shrikant, a sitting MP from Kalyan, emphasized that the focus should be on strengthening the party at the grassroots level rather than seeking ministerial positions. He stated, “the party needs committed workers to build a strong base” ahead of the upcoming election’s Source:- news 18 This stance comes amid ongoing political maneuvers within the BJP-Shiv Sena alliance in Maharashtra. Recently, Shrikant Shinde reaffirmed his commitment to contesting the 2024 Lok Sabha elections from the Kalyan constituency, underscoring his…

On June 10, 2024, Israeli War Cabinet member Gideon Sa’ar announced his resignation, citing frustration with the government’s failure to outline a clear post-war strategy for Gaza. Sa’ar, a prominent figure and former Minister of Justice, expressed his deep concerns over the ongoing conflict and the government’s approach to future governance in the Gaza Strip once hostilities cease. Source:- BBC news Sa’ar emphasized the necessity for a comprehensive and sustainable plan to address the humanitarian, political, and security challenges in Gaza. He argued that without a clear vision, Israel risks prolonged instability and increased suffering for both Israelis and Palestinians.…

Japan’s economy has been facing contraction, but recent data suggests the decline is slightly less severe than initially estimated. In the first quarter of 2024, Japan’s GDP shrank by an annualized rate of 1.2%, compared to the earlier estimate of a 1.5% contraction. This revision is a small, yet significant adjustment, reflecting better-than-expected performance in consumer spending and private investment. Source:- news 18 The downturn is primarily attributed to global economic headwinds, including slowing demand from China and the impact of the Ukraine crisis on energy prices. Domestically, Japan continues to grapple with challenges such as an aging population and…

As India heads into another election cycle, the Bharatiya Janata Party (BJP) aims to maintain its dominance in Gujarat by retaining all 26 Lok Sabha seats, a feat largely attributed to Prime Minister Narendra Modi’s enduring charisma. Modi’s deep-rooted connection with Gujarat, where he served as Chief Minister from 2001 to 2014, continues to be a cornerstone of BJP’s appeal in the state. Source:- news 18 Modi’s image as a leader who embodies progress and development resonates strongly with the electorate. His narrative of “Gujarat Model” of governance, which emphasizes economic growth and infrastructural development, remains influential among voters. Moreover,…

In their analysis, Anand Shah and Anish Tawakley argue that the economic cycle significantly influences house-building activities and urbanization trends. They note that during economic downturns, reduced consumer confidence and lower disposable incomes typically lead to a decline in demand for housing. This results in fewer housing projects being initiated, slowing down urban expansion. Conversely, in periods of economic growth, increased wealth and positive market sentiment stimulate more construction and urban development as people move to cities for better opportunities. Source:- news 18 Source:- BBC news Shah and Tawakley highlight that government policies and interest rates are crucial in this…

As Prime Minister Modi prepares to form his new government, his strategy of balancing experience with fresh faces reflects his pragmatic approach to governance. By leveraging the expertise of seasoned ministers, he aims to ensure continuity and stability in key portfolios while also infusing new energy and ideas through alliances with regional parties. This strategy not only strengthens his coalition but also broadens the government’s perspective by incorporating diverse viewpoints and regional interests. Source:- news 18 Drawing from his experience in managing coalitions and navigating complex political landscapes, PM Modi recognizes the importance of maintaining a delicate balance between loyalty…

The term “Hindu rate of growth” refers to the low economic growth rates experienced by India in the decades following its independence in 1947. It was coined by Indian economist Raj Krishna in the 1970s to describe the sluggish pace of economic development during that period, which averaged around 3-4% annually. This slow growth was attributed to a variety of factors, including a highly regulated economy, bureaucratic inefficiencies, and a lack of investment in infrastructure and technology. Source:- news 18 Former Reserve Bank of India Governor Raghuram Rajan’s recent remarks suggesting that India may be returning to a “Hindu rate…

Shivraj Singh Chouhan’s appointment to Modi 3.0 Cabinet has stirred curiosity and perhaps even surprise, as he reportedly exclaimed, “Mujhe toh kuch pta hi nahi hai abhi…” (“I don’t know anything right now…”). This candid response reflects the fluidity and confidentiality often surrounding ministerial appointments in Indian politics. Chouhan, a prominent BJP leader and former Chief Minister of Madhya Pradesh, adds intrigue to the new Cabinet lineup. Source:- news 18 His statement encapsulates the behind-the-scenes nature of political maneuvers, where even those directly involved may be uncertain until official announcements are made. Chouhan’s potential inclusion in the Cabinet hints at…

Elon Musk’s potential departure from Tesla has been brought to attention by the board chair, warning that if shareholders do not approve his proposed $56 billion pay package, he may consider leaving the company. This revelation injects uncertainty into the future of Tesla, a company closely associated with Musk’s visionary leadership. Source:- news 18 Musk’s proposed compensation package, one of the largest in corporate history, is tied to ambitious performance targets for Tesla’s market capitalization and revenue. While some argue that such incentives are necessary to retain Musk’s talent and drive innovation, others question the magnitude of the proposed payout…

As Narendra Modi’s NDA coalition takes charge, Dalal Street is abuzz with anticipation and cautious optimism. Investors are closely watching how the new government’s economic policies will shape the market landscape. Modi’s pro-business stance and promises of structural reforms have historically buoyed investor sentiment, driving market rallies and fostering a climate of economic growth. Source:- news 18 However, the road ahead is not without challenges. The market is keenly aware of the economic headwinds facing the country, including inflationary pressures, global market volatility, and the need for sustainable economic recovery post-pandemic. Analysts are particularly interested in how the government will…

A potential war with Israel would exacerbate Lebanon’s already severe crises, plunging the nation deeper into turmoil. Lebanon is grappling with a multifaceted economic collapse, political paralysis, and social unrest. The country’s economy has been in freefall since 2019, marked by soaring inflation, currency devaluation, and widespread unemployment. These conditions have severely strained the Lebanese population, with many struggling to meet basic needs. Source:- BBC news Lebanon’s political scene is equally fraught, characterized by chronic instability and factionalism. The country has been without a fully functional government for extended periods, hampering effective governance and reforms. Adding the threat of conflict…

In the lead-up to the 2024 general elections, sources within the Congress party suggest that Rahul Gandhi is poised to retain his focus on the Raebareli constituency while potentially vacating his Wayanad seat. This strategic move reflects the party’s assessment of the political landscape and Gandhi’s role within it. Source:- BBC news Raebareli, a Congress stronghold and the constituency of Sonia Gandhi, Rahul’s mother, has deep historical ties to the Nehru-Gandhi family. Retaining this seat is seen as crucial for maintaining the party’s legacy and influence in Uttar Pradesh, a state critical for any party’s national ambitions. Rahul Gandhi’s continued…

In its June 2024 meeting, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) maintained its stance on interest rates, opting for the eighth consecutive time to keep the repo rate unchanged at 6.5%. This decision reflects the RBI’s cautious approach amidst ongoing economic uncertainties and moderate inflationary pressures. Governor Shaktikanta Das emphasized the need for stability, highlighting that steady rates provide a conducive environment for economic growth while balancing inflation risks. Source:- news 18 The MPC’s decision comes against a backdrop of global economic fluctuations and domestic economic indicators showing mixed signals. While India’s GDP growth remains robust,…

In the run-up to the 2024 general elections, the Bharatiya Janata Party (BJP) is vigorously working to retain its dominance in Gujarat, particularly aiming to secure all 26 parliamentary seats in the state. Central to this effort is the formidable charisma of Prime Minister Narendra Modi. Modi’s deep-rooted connection with Gujarat, his home state, serves as a significant advantage. His tenure as the Chief Minister of Gujarat from 2001 to 2014 laid the foundation for his popularity, fostering a strong bond with the electorate that has persisted through his prime ministership. Source:- news 18 Modi’s personal appeal transcends typical political…

President Droupadi Murmu has formally invited Prime Minister Narendra Modi to form the government for a third consecutive term following the BJP’s decisive victory in the recent Lok Sabha elections. Modi is set to take the oath of office on Sunday, solidifying his role as India’s Prime Minister for another five years. Source:- news 18 The Bharatiya Janata Party (BJP), under Modi’s leadership, has maintained a strong majority in the Parliament, reflecting widespread public support and confidence in their governance. In a statement, President Murmu emphasized the importance of continuity and stability, noting Modi’s substantial contributions to the nation’s development…

Shashi Tharoor, a senior Congress leader and Member of Parliament for Thiruvananthapuram, recently announced that he does not foresee himself contesting another Lok Sabha election. This decision marks a potential shift in the political landscape for the Congress party, especially given Tharoor’s prominent role and his multiple terms as an MP. Tharoor, known for his eloquence, intellectual depth, and advocacy on various national and international issues, has served three terms since 2009, establishing himself as a significant figure in Indian politics. Source:- BBC news During his tenure, Tharoor has been a vocal advocate for Kerala’s interests and has played a…

Following the release of exit polls, markets surged as investors responded positively to the potential political landscape. The anticipation of a government with a strong mandate often translates into market optimism, as it suggests stability and a clearer path for policy implementation. This surge reflects confidence in the ability of the incoming administration to pursue economic reforms and drive growth. Source:- BBC news With the reform agenda back in focus, investors are likely betting on policies aimed at boosting investment, simplifying regulations, and enhancing the ease of doing business. Expectations of fiscal stimulus, infrastructure development, and sector-specific reforms could further…

In its upcoming monetary policy review, the Reserve Bank of India (RBI) is expected to maintain the status quo on the benchmark repo rate, keeping it steady at 6.5%. This anticipated decision comes amidst concerns over potential fiscal populism following a narrow win by Prime Minister Narendra Modi in the recent elections​ Source:- news 18 The slim electoral victory raises fears of increased government spending and fiscal measures that could spur inflation. Given these circumstances, the RBI is likely to adopt a cautious approach, focusing on controlling inflation which remains above its target of 4%​ Source:- BBC news While the…

The Bharatiya Janata Party (BJP) is currently deliberating over the terms set forth by Nitish Kumar, the Chief Minister of Bihar and leader of the Janata Dal (United) party, as they contemplate a potential alliance. This comes in the wake of Kumar’s exit from the Indian National Democratic Alliance (INDIA) bloc, a move that carries important lessons for both parties involved. Source:- news 18 Kumar’s departure from the INDIA bloc underscores the significance of political pragmatism and coalition dynamics in India’s complex political landscape. His decision to part ways with the bloc, citing ideological differences and the need to prioritize…

Spain has applied to join South Africa’s case at the International Court of Justice (ICJ), which accuses Israel of committing genocide against the Palestinian people. This move marks a significant development in the international legal battle over Israel’s actions in the occupied territories. South Africa initially filed the case, alleging that Israel’s policies and actions in Gaza and the West Bank constitute genocidal acts against Palestinians. Source:- BBC news Spain’s decision to support this case underscores its commitment to international law and human rights. The Spanish government has expressed concerns over the humanitarian situation in the Palestinian territories and believes…