LOWER HOUSE
Supreme Court sends Trump immunity case back to lower court, dimming chance of trial before election
The Supreme Court has extended the delay in the Washington criminal case against Donald Trump on charges he plotted to overturn his 2020 presidential election loss. The historic 6-3 ruling by the justices stated that former presidents have absolute immunity from prosecution for their official acts and no immunity for unofficial acts. The outcome means additional delay before Trump could face trial in the case brought by special counsel Jack Smith.
Unveiling Unicorn Offices: A new era of boutique workspaces at Marathon Futurex, Lower Parel
Experience the dynamic environment at Unicorn Collection, Marathon Futurex, curated by Samyag Shah to foster innovation and growth for entrepreneurs in a prime business district.
Nifty rides with bulls, can hit 24,600: Analysts
Stocks expected to show bullishness include Reliance, ICICI Bank, LIC Housing Finance, Grasim, Praj Industries, Biocon, Apollo Tyres, Tata Motors, and BEL. Consider a moderately bullish strategy using a Bull-Call Spread for the July 4 weekly expiry.
Lok Sabha Session: Chirag Paswan, Kangana Ranaut slam Opposition over their alleged misconduct in LS
BJP leader Kangana Ranaut commented on the adjournment of the Lok Sabha, attributing it to the opposition's demand for a discussion on irregularities in the NEET exam. She criticised the opposition's behaviour, blaming it for the adjournment. “You sa...
Om Birla 2.0: NDA candidate elected as the Speaker of the 18th Lok Sabha
Om Birla, the NDA candidate, was declared Lok Sabha Speaker on Wednesday after Prime Minister Narendra Modi moved a motion in his support. Birla, a three-time MP from Kota, Rajasthan, competed against Congress' K. Suresh, an eight-term MP from Mavelikara, Kerala. This marks the fourth contested Speaker election in Lok Sabha history.
PM Modi to move motion in Lok Sabha today to choose Om Birla as Speaker of the house
Today in the Lok Sabha, Prime Minister Narendra Modi is set to move a motion to appoint Om Birla as the Speaker amid a contest with the opposition's candidate, K Suresh. MPs who haven't taken the oath will do so, followed by PM Modi initiating the motion supported by Union Ministers and other leaders. The BJP's Om Birla and Congress' K Suresh will vie for the Speaker's role, with both parties issuing whips for their MPs' presence. The election marks a significant parliamentary procedure rarely contested in recent history.
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Affordable housing suffering; luxury continues to show bumper sales: Gulam Zia
Commercial real estate also is doing phenomenally well. If I have to give a few numbers, the last quarter and we saw almost about 14 to 15 million square feet of gross absorption of office space in the country, the top seven-eight markets that we always talk about.
Income tax saving: Sold land, house or jewellery? Know how indexation benefit can help you lower your long-term capital gains
Capital gains taxation: You can save your net capital gains tax outgo by using indexation benefits allowed by income tax laws. File ITR now and pay a lower amount of capital gains tax. However do note only long term capital gains are eligible for indexation. Short term capital gains are not eligible for indexation.
PNB Housing Finance shares tumble nearly 5% after large block deal
Shares of state-owned PNB Housing Finance dropped 4.8% to Rs 800 in early Thursday trading on the BSE, after a block deal where 1.36 crore shares changed hands. Asia Opportunities Fund and General Atlantic likely sold a 5.2% stake at a floor price of Rs 773, an 8% discount from the previous close of Rs 840.
Temperatures are going to rise, House will not be run 'dictatorially': Congress ahead of Parliament session
President Droupadi Murmu will address a joint sitting of the Lok Sabha and the Rajya Sabha on June 27, outlining the new government's roadmap for the next five years. The session will conclude on July 3.
Asian shares mostly lower as China reports factory output slowed
Factory output fell 5.6% in China in May, the government reported, below analysts' forecasts and slowing from 6.7% the month before. Retail sales rose just 4.1% in the first five months of the year.
Gold inches lower as firmer bond yields dent appeal
Gold prices fell due to higher U.S. Treasury yields as investors awaited economic data to predict Federal Reserve's interest rate cuts.
Balancing Act: With greater capex comes lower dividend
The dividend payout ratio is the proportion of a company's earnings paid to shareholders as dividends. This payout tends to be lower in times when companies spend more on expansion. Companies with a high cash flow in mature industries tend to have higher dividend payout ratios.
From Sheikh Hasina to Wickremesingh: Check full list of global leaders that will attend Modi's oath ceremony
Narendra Modi Oath Ceremony: The people cited above said top leaders of Bangladesh, Sri Lanka, Bhutan, Nepal and Mauritius are likely to be among the foreign leaders to be invited for Modi's oath-taking ceremony. The media division of Sri Lankan President Ranil Wickremesinghe's office said Modi invited him to the swearing-in ceremony. It said Wickremesinghe accepted the invite.
73 women elected to Lok Sabha, lower than 2019
73 women won in the Lok Sabha elections, a slight dip from 78 in 2019. West Bengal leads with 11 female MPs. BJP fielded 69 women candidates, Congress 41. This election follows the women's reservation bill, yet to be implemented.
Tokyo stocks open lower
Tokyo stocks opened lower on Wednesday, weighed down by a stronger yen against the dollar despite gains on Wall Street. The dollar fetched 155.35 yen in early Asian trade, up from 154.80 yen in New York, but still down from 155.91 yen in Tokyo late Tuesday.
Om Birla becomes first Lok Sabha speaker in 20 years to be re-elected as MP
Om Birla won the Kota parliamentary seat with a margin of over 41,139 votes, becoming the first presiding officer in 20 years to be re-elected to the Lower House.
I know system aligned against lower castes as my grandmother, father were PM: Rahul Gandhi
Congress leader Rahul Gandhi highlighted the systemic alignment against lower castes, drawing from his family's political legacy. He emphasized the need for representation of 90% of the population in power structures.
U.S. existing home sales drop 1.9% in April, pushed lower by high rates and high prices
Existing home sales fell 1.9% to 4.14 million in April, with median prices rising to $407,600. Lawrence Yun expressed frustration over the sales drop.
LIC Housing Finance eyes lower double digit loan portfolio growth in FY25
LIC Housing Finance targets "lower double-digit" loan portfolio growth this fiscal, focusing on affordable housing, says MD Tribhuwan Adhikari. March saw a 4.3% y-o-y loan portfolio rise to Rs 2.87 lakh crore. Annual loan disbursement dropped 8% to Rs 58,937 crore, partly due to cautious lending amid competition from other lenders.
Lok Sabha polls: Race for Lower House enters 4th lap on Monday
This phase is crucial for Andhra Pradesh chief minister YS Jagan Mohan Reddy. In 2019, his YSR Congress Party had won 22 out of 25 Lok Sabha seats and registered a thumping victory in the assembly elections. TDP-led NDA is posing a serious challenge to Reddy's popularity this time. It is contesting polls in alliance with BJP and Jana Sena Party. Congress is led by Reddy's sister YS Sharmila.
Longest-streak ever! Fear gauge VIX rises for 11th day on election concerns
The so-called fear gauge has jumped as much as 88% from a low in April amid speculation that Prime Minister Narendra Modi’s party may win fewer seats than initially expected.
Pidilite Industries' Q4 Results: Profit rises 6% to Rs 301 crore on lower costs
India's Pidilite Industries , which makes Fevicol adhesives and Dr. Fixit waterproofing products, posted a 6.2% jump in fourth-quarter profit on Tuesday, driven by lower input costs.
Man hit me twice, tried to sit in car: BJP's Locket Chatterjee accuses TMC supporters of accosting her vehicle
Launching a scathing attack on TMC, the BJP leader, who is seeking a fresh term in the Lok Sabha, posted on X, "Their audacity exposes the Trinamool mafia's grip over Hooghly. Today, their thugs dared to block my pilgrimage to Maa's Puja."
Congress cautious, most opposition parties skip temple debate
The Lok Sabha discussion focused on the Ram temple, with the BJP targeting the Congress for its stand on the issue. The Opposition benches were low in attendance. The JD(U) supported the BJP and hailed the construction of the temple. Congress MP Gaurav Gogoi highlighted the neglect of socially backward sections.
Lok Sabha passes demands for grants for 2024-25
During the Parliament Budget Session, the Lok Sabha approved the 'Demands for Grants on Account for 2024-25.' Additionally, the Lower House of Parliament passed the second and final batch of supplementary demands for grants for 2023-24. On Monday, the government requested parliamentary approval for an additional net expenditure of Rs 78,673 crore in the second and final batch of supplementary demands for grants for 2023-24.
Lok Sabha: Privileges panel to meet on Jan 12 on issue of suspension of opposition members
The Privileges Committee of the Lok Sabha is scheduled to meet next week to investigate the suspension of three Congress members, K Jayakumar, Abdul Khaleque, and Vijayakumar Vijay Vasanth, during the Winter Session for disruptive behavior. The committee, chaired by BJP member Sunil Kumar Singh, will record oral evidence on January 12 regarding the members' alleged involvement in creating "grave disorder in the House" on December 18.
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