KARNATAKA POLITICAL CRISIS
Global risk abetting; domestic, not so much: Sandip Sabharwal
The week started with a lot of events lined up. As the week ends, most of the events are playing out favourably. We are safe in a way that global risk seems to be receding a bit. But domestically, the economy is not going anywhere great because even today, not a single penny of NBFC refinance scheme has been disbursed.
Congress always avoided taking tough decisions: PM Modi in Jharkhand
Addressing a poll rally, PM Modi asserted that he never cared about vote...
UK destined for Brexit as election triumph looms for Johnson
For Johnson, whose brief tenure in power has been marked by chaotic scenes in pa...
ADB trims India's GDP growth forecast to 5.1% in FY20
"India's growth is now seen at a slower 5.1 per cent in fiscal year 2019-20 as the foundering of a major non-banking financial company in 2018 led to a rise in risk aversion in the financial sector and a credit crunch. Also, consumption was affected by slow job growth and rural distress aggravated by a poor harvest," Asian Development Bank said.
Ground water could be India's big job killer
Over 14,000 applications for ground water extraction from industries in the north held back by Central Ground Water Authority citing NGT orders.
Inadequate demand has been a key issue impacting growth
Inflation would seem to be at nirvana levels of policy-achievement.
Manipur will be brought under Inner Line Permit regime: Home Minister
The linguistic, cultural and social identity of the people of the Northeast would be preserved and this Bill contains the solution to the problems of the people of these states, as the provisions of the amendment have been incorporated after marathon deliberations with various stakeholders from northeast for last one month.
View: BJP will have to build more bridges across political divides than strengthen fences
BJP has lost power in a politically significant state like Maharashtra. And, in the bigger picture, it has to strike a working relationship with more Opposition-ruled states as compared to, say, two years ago.
Maharashtra political crisis: All eyes on Supreme Court today
Senior Congress leader and advocate Kapil Sibal will appear in the court on behalf of the petitioners. The matter will be heard at 11:30 am. Congress spokesperson Randeep Singh Surjewala had confirmed that the petition was filed by three political parties on Saturday evening in the apex court requesting for an immediate floor test.
The Wall Street bankers who burst Aramco’s $2 trillion bubble
For Wall Street, already stung by the collapse of WeWork’s IPO, Aramco is another embarrassment.
Maharashtra crisis: SC refers to previous judgements on floor test
On the matter of floor test for Maharashtra, the SC referred to its past decisions on Karnataka, Uttarakhand, UP & Jharkhand where it had ordered similar exercise in times of political crisis. The apex court also mentioned its 2016 verdict in the case of Union of India vs Harish Chandra Singh Rawat in which it ordered the former CM to take a 'vote of confidence'.
Israeli PM's party support is key to his political survival
Netanyahu is determined to fight the charges from the prime minister's office in what promises to be a lengthy court battle.
From a 10-year view, Indian stocks better than US ones: Chris Wood
Wood said the government has the political will to do PSU divestments
India in growth recession; extreme centralisation of power in PMO not good: Raghuram Rajan
The starting point to address this slowdown will be for the Modi govt to acknowledge the problem, he said.
Need to be alert against Pakistan: Rajnath Singh
Addressing the Passing Out Parade of the IMA here as the reviewing officer, Defence Minister Rajnath Singh asked the cadets commissioned into the armed forces Saturday to take the message of service and peace to the world but be prepared to deal with a neighbour like Pakistan.He asked the new IMA passouts to hone the skills learnt at the academy.
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