While arguing that most sectors and stocks are quite overvalued, domestic broking firm Kotak Institutional Equities today said the disconnect between price and value may sustain given India’s decent macro position, retail investor-led mania on Dalal Street and expectations of PM Modi retaining power after Lok Sabha elections. However, as investors are happy to overpay … Read more
Amit N Mahajan, Director, Paras Defence, says “Paras Defence is currently focussing on the domestic market because it is not just that the domestic market is the biggest market, but it also has a preferential procurement policy in favour of companies like us. So, the export market becomes a plan B. Plan A always will … Read more
Nallu Indrasena Reddy. File photo | Photo Credit: The Hindu Senior BJP leader and former MLA, Nallu Indrasena Reddy has been appointed as the Governor of Tripura. The three-time MLA from Malakpet constituency has not been in the limelight for over a decade politically but has been active in the party circles. Born in Ranga … Read more
BJP on Thursday reacted strongly to questions raised by Congress leader Rahul Gandhi, based on reports in the international media. BJP said that some people were rattled by India’s growth outlook under the Modi government and were trying to malign the image of the country. BJP national spokesperson Syed Zafar Islam told ETthat India is … Read more
Congress president and Leader of Opposition in Rajya Sabha Mallikarjun Kharge. Congress president Mallikarjun Kharge on Friday claimed that India under the Modi government has added only 12.2 lakh formal jobs in the past five years, and said that for the survival of the poor and middle class, the BJP needs to be “thrown out … Read more
Union Home Minister Amit Shah with Union Minister Jitendra Singh and J&K BJP President Ravinder Raina during a public meeting, at Bhagwati Nagar in Jammu on June 23, 2023. | Photo Credit: PTI Union Home Minister Amit Shah on Friday said the Modi government has laid a strong foundation for eradication of corruption from the … Read more
Veteran fund manager Rajiv Jain said his GQG Partners LLC holds about $13 billion in India stocks and plans to buy more, downplaying corporate governance and political risks associated with his headline-generating investments in billionaire Gautam Adani’s beleaguered conglomerate. GQG holds positions in companies, including cigarette and hotel group ITC , the country’s biggest drugmaker … Read more
With the Indian rupee falling to an all-time low, the Congress on Monday shot a barb at the Modi government, saying the Indian legal tender is in the “ICU”. In a sharply-worded Facebook post, Rahul Gandhi said the prime minister cannot keep the economic and social realities of India “hidden forever”. He asked Prime Minister … Read more
Hitting back at former prime minister Manmohan Singh for his criticism of the Modi government‘s handling of economy, Finance Minister Nirmala Sitharaman on Thursday said he is more remembered for having brought India to “fragile five” and rampant inflation during his term. She also referred to recent revelations about former NSE chief Chitra Ramkrishna having … Read more
The Congress on Monday demanded answers from the government over reports of the lifting of a ban on procurement from Finmeccanica company which had been dubbed as corrupt by ruling BJP leaders over the Agusta choppers deal. The opposition party claimed that a “fake bogey of corruption” was raised by the BJP over the buying … Read more