As JMM hardens stance, Congress names observers for Rajya Sabha polls in Jharkhand
Party legislators said a decision on contesting both seats would be taken soon and authorised JMM president Soren to finalise the candidatesโ names
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Party legislators said a decision on contesting both seats would be taken soon and authorised JMM president Soren to finalise the candidatesโ names
Jharkhand CM Hemant Soren and JMM decide to contest both Rajya Sabha seats, Congress leader K Raju says the INDIA bloc has enough MLAs to win both
Ranchi: Fissures in Congress-JMM alliance over Rajya Sabha elections as JMM demands to contest both seats; Congress names candidates.
Border Guard Bangladesh accused India's BSF of attempting to push over 70 individuals into Bangladesh near Lalmonirhat, Naogaon, and Chapainawabganj. Meanwhile, BSF reported thwarting a BGB attempt to help 10 Bangladeshis enter India. Both forces disowned stranded individuals, leading to heightened border patrols.
Russian President Vladimir Putin spoke of both nations navigating energy supply vulnerabilities caused by the US-Israeli war near the Strait of Hormuz.
Excessive dependence on such tools can have unintended consequences for both mental well-being and cognitive functioning
GQG Partners has pared its holdings in two Adani Group companies through block deals worth about Rs 5,750 crore, with SBI Mutual Fund emerging as the buyer of the entire stake on Friday. According to NSE block deal data, GQG Partners Emerging Markets Equity Fund sold shares in Adani Enterprises and Adani Energy Solutions.The larger transaction involved 1.64 crore shares of Adani Enterprises sold at Rs 2,913.4 apiece, translating into a deal value of about Rs 4,789 crore. In a separate transaction, GQG sold 63.66 lakh shares of Adani Energy Solutions at Rs 1,504.8 per share, amounting to around Rs 958 crore.Together, the two transactions were valued at about Rs 5,747 crore. The shares were acquired by SBI Mutual Fund at the same prices through corresponding block deals.The stake sale comes after a strong run in Adani Group stocks over the past year, during which several group companies recovered sharply from the volatility that followed allegations made by US-based short seller Hindenburg Research in 2023.GQG had emerged as one of the earliest large institutional investors to back the Adani Group following that episode. Beginning in 2023, the fund manager invested billions of dollars across multiple Adani companies, helping restore investor confidence at a time when foreign institutional participation in the group had weakened.Since then, Adani companies have focused on deleveraging, strengthening cash flows and improving operational performance. Several group entities have reported healthy earnings growth, while execution across infrastructure, energy and transport businesses has remained strong.The latest transaction will be viewed by market participants largely as a portfolio rebalancing exercise rather than a change in the fund's broader investment thesis on the group.Adani Enterprises, the flagship incubator of the conglomerate, houses businesses spanning airports, roads, green hydrogen, data centres and mining services. Adani Energy Solutions is one of India's largest private-sector transmission companies and is expanding its presence in smart metering and distribution infrastructure.Shares of both Adani Enterprises and Adani Energy Solutions are likely to remain in focus as investors assess the implications of the stake sale and changes in institutional ownership.
Taylor Swift and Travis Kelce have been going pretty strong as they gear up for their big day which is reportedly set to be held in New York City on 3rd July as many are waiting for it. While both of them have amped up their security as their wedding reportedly faces a lot of threats, it seems Travis Kelce has a different view about it.
India and the US are making rapid progress towards resolving the remaining issues in their proposed interim trade arrangement, with both countries expected to implement the first phase of the agreement by the middle of next month, Goyal said.
India and United States officials held positive, constructive talks on an interim trade deal, with both sides committed to securing the agreement
India's hesitation is rooted in both operational and strategic calculations
The assailant tried to take his own life after attacking the victim, and both were rushed to a hospital
Many homebuyers mistakenly believe physical possession of a property equates to legal ownership. However, possession merely grants access, while registration under the Registration Act, 1908, formally transfers title and records you as the rightful owner. Without registration, you lack legal rights to sell, mortgage, or defend your claim. Both possession and registry are crucial for complete ownership.
As India sees incessant FII selloff so far this year, the government and RBI announced a slew of measures to ease foreign investments in government securities, with analysts suggesting that these may provide some short-term support for Dalal Street.India scrapped the long-term capital gains tax on investments by foreign institutional investors (FIIs) in government securities through an ordinance issued on Friday. The government has now exempted FIIs from tax on any interest income from government securities, as well as capital gains arising from their sale, exchange or transfer, according to an official gazette. Separately, while announcing the outcome of the MPC meeting, RBI Governor Sanjay Malhotra also unveiled a series of measures to boost FPI investments, including expanding the Fully Accessible Route (FAR) to cover new issuances of 15-, 30- and 40-year government bonds.Limits on investments by NRIs and OCIs in equity instruments without Sebi registration are being raised, allowing them to invest larger amounts without regulatory registration. The facility is also proposed to be extended to all Persons Resident Outside India (PROIs), bringing them on par with NRIs and OCIs. This came as the RBI kept the repo rate unchanged at 5.25%What does this mean for Indian stock market?The proposal to increase investment limits for NRIs and OCIs in listed equity instruments without Sebi registration, and to extend the same facility to all individual Persons Resident Outside India (PROIs), is a significant step toward broadening participation in Indian capital markets, which is expected to improve market depth, liquidity and long-term capital inflows, said Arun Poddar, CEO of Choice International.He highlighted that equally important is the removal of capital gains tax on government securities investments for foreign investors. โThis move strengthens the attractiveness of India's bond market and could encourage greater foreign participation in government debt. At a time of heightened global volatility, these measures reinforce investor confidence, support capital inflows, and reaffirm India's commitment to building deeper, more globally integrated financial markets, with the policy rate expected to remain low for an extended period,โ he said.The government's move to exempt Foreign Institutional Investors (FIIs) from capital gains tax on any interest earned from government securities is โhighly positiveโ for the capital markets, said Sumit Singhania, Head of Research at Bajaj Broking. โThis fiscal cushion arrives at a crucial time, offering a strong shield to domestic markets as the RBI chief warned of volatile forex markets driven by shifting global sentiments,โ he added.The policy is distinctly positive for bond markets and well-capitalized Banks and NBFCs, which benefit from targeted hedging subsidies and systemic stability, according to Archit Doshi, Senior Vice President at PL (Prabhudas Lilladher) AMC. โConversely, one should be underweight rate-sensitive sectors, which remain highly vulnerable to margin compression, higher inflation expectations, and the threat of the RBI reaching its tightening tipping point,โ he said.Rajeev Radhakrishnan, CFA, CIO of Fixed Income at SBI Mutual Fund, also said that the announcements aimed at enabling more dollar inflows are more significant in the near term, even though the overall policy stance has been broadly in line with expectations. โThe concessional swap facility should help stabilise short end market rates and the foreign exchange market in the near term,โ he said.For equities and debt markets, the measures to attract FII inflows are supportive of liquidity and inflows, while for the rupee, they signal a clear intent to anchor expectations and reduce volatility amid global oil shocks and sustained foreign selling pressure, said Ajit Mishra, Senior VP of Research at Religare Broking.Sachin Bajaj, Chief Investment Officer at Axis Max Life Insurance, also said that the initiatives are expected to support capital inflows, deepen domestic bond markets, and provide support to the Indian rupee over the short to medium term.RBIโs hawkish tone and the Indian stock marketWhile the measures taken to attract FII inflows in the debt market will likely provide short-term support for Dalal Street, analysts advised caution over the RBIโs hawkish policy stance. While the RBI maintained its policy repo rate as per expectations, the tone was much more cautious than in previous meetings.Sachin Bajaj highlighted that the policy emphasised preserving macroeconomic stability amid the prevailing global macroeconomic environment. โWe believe there are significant risks to inflation in the coming months due to the pass-through of higher commodity prices to consumers and elevated food prices resulting from a below-normal monsoon. Going forward, there is a risk of an upward revision in inflation projections, and given the evolving global backdrop, we believe the RBI is likely to maintain a prudent, data-dependent approach. Future policy actions will be contingent on evolving growth-inflation dynamics and global developments,โ he added.Also read: Explained: Sebi's Rs 15.15 lakh crore revenue inflation allegations against Rajesh ExportsWhile hawkish rhetoric without an accompanying rate hike provides a temporary respite for equity markets, it does not constitute an unequivocal endorsement of investment, particularly in highly rate-sensitive sectors such as real estate, automotive, and consumer discretionary goods, said Vipul Bhowar, Senior Director, Head of Equities at Waterfield Advisors.โShould inflation necessitate a rate increase later this year, these sectors are likely to experience pressure on both margins and demand. For investors, the current strategy emphasises capital preservation by focusing on high-quality equities with strong pricing power. This cautious approach is designed to navigate the prevailing geopolitical uncertainties until conditions stabilise,โ the analyst added.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
The comparisons between Vijay and Annamalai are inevitable because both arrived in politics as outsiders. But their routes could not be more different
The victim, who lived alone in her flat, was found dead with a severe head injury, with both her wrists slit and bruises on her face and body.
Israeli Prime Minister Netanyahu acknowledged 'tactical disagreements' with US President Trump over regional conflicts but emphasized their shared goals, particularly countering Iran's nuclear ambitions and Hezbollah. Despite recent heated exchanges, Netanyahu hailed Trump as Israel's 'greatest friend,' citing his strong support for the nation. Both leaders aim for regional stability.
Russian President Vladimir Putin stated Moscow will not interfere in India-China relations, expressing confidence in Prime Minister Modi and President Xi resolving border disputes. Putin emphasized Russia's strong ties with both nations, asserting that its relationships do not negatively impact each other. He also highlighted potential defense cooperation with India.
Emerging talent Madhav Tiwari, a 22-year-old from Madhya Pradesh, made a significant Indian Premier League debut for Delhi Capitals in 2026 season, showcasing his all-round abilities with both bat and ball. Despite limited prior experience, Tiwari impressed by taking crucial wickets and playing a match-winning cameo, fueling his ambition to represent India.
The terms of both ministers in the Upper House are set to end on June 21. Bittu currently represents Rajasthan in the Rajya Sabha, while Kurian is a member from Madhya Pradesh.