NCP leader Ajit Pawar. | Photo Credit: ANI With Nationalist Congress Party (NCP) leader and Maharashtra Deputy Chief Minister Ajit Pawar skipping campaigning during the fifth phase of the Lok Sabha election, speculation is rife about the rebel NCP faction being in turmoil. Mr. Ajit, who canvassed vigorously in the third phase and went through … Read more
Union Railway Minister Ashwini Vaishnaw files his nomination papers for the Rajya Sabha elections, at the Odisha Assembly, in Bhubaneswar, Odisha. File | Photo Credit: ANI Amid growing signals of the Bharatiya Janata Party (BJP) and the Biju Janata Dal (BJD) coordinating their future activities, the regional party has announced elaborate celebrations on the occasion … Read more
Congress leader K.C. Venugopal. | Photo Credit: Sushil Kumar Verma Amid reports that the Congress leadership is in the final stages of working out a compromise formula between Rajasthan Chief Minister Ashok Gehlot and his former deputy Sachin Pilot, party general secretary (organisation) K.C. Venugopal on June 22 evening reached Jaipur. Mr. Venugopal is said … Read more
With the buzz around him joining the ruling Eknath Shinde-led Shiv Sena- Bharatiya Janata Party (BJP) dispensation refusing to abate, senior Nationalist Congress Party (NCP) leader Ajit Pawar on Tuesday again reiterated he would “remain in the NCP till his last breath.” Addressing a meeting of his party workers and constituents in the Pawar clan … Read more
In the 2023 stock market, when one group of companies falls out of favor, another has usually been ready to take its place. The latest winner is firms with the riskiest credit, poised for their best week since January versus their sturdier-balance-sheet counterparts. The outperformance is happening as credit-market stress eases, helping push the S&P … Read more
Bank runs. Stiffening Federal Reserve resolve against inflation. Credit risk, and the risk of recession. Investors absorbed a lot of shocks the last few days. Shaking them off all at once may be impossible. For harried traders, the problem is that as one threat recedes, another takes its place. The economy is too hot — … Read more
The dollar treaded water on Tuesday as investors braced for an highly anticipated inflation report, while the yen strengthened ahead of the expected announcement of surprise pick Kazuo Ueda as the next Bank of Japan governor. Markets are looking to the U.S. consumer price index (CPI) data for further clues on Federal Reserve’s policy outlook, … Read more
The former Minister Gali Janardhana Reddy addressing the media in Bengaluru on Sunday. | Photo Credit: SUDHAKARA JAIN With just a few months left for the Assembly elections in Karnataka, the launch of a new party by the former Minister G. Janardhana Reddy on Sunday — Kalyana Rajya Pragathi Paksha — is lending itself to … Read more
The U.S. dollar slipped from near a one-week peak versus major peers on Wednesday, with traders on tenterhooks before a looming Federal Reserve rate decision that should also give clues on the future policy path. The yen outperformed, seeing a sudden burst of strength mid-morning Japan time, with traders on alert for possible intervention around … Read more