TWO DAYS after he chaired a meeting with senior BJP leaders, including both Deputy CMs and the BJP’s state president, to discuss the party’s strategy for the coming Assembly bypolls, Chief Minister Yogi Adityanath, who reached Ambedkar Nagar from Ayodhya on Wednesday, convened another meeting of BJP office-bearers and public representatives. During the meeting, Adityanath emphasised that the coming election is a “contest between BJP’s development agenda and the opposition’s destructive propaganda,” sources said. He alleged that the opposition was indulging in “tactics of dividing society along caste lines and spreading…
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Trump hits out at Google over claims that it was censoring news related to him | World News
Former US president Donald Trump has lashed out at Google over reports that was censoring news and photos of the Republican presidential candidate. “Google has been very bad. They’ve been very irresponsible and I have a feeling that Google is going to be close to shut down because I don’t think Congress is going to take it. I really don’t think so. Google has to be careful,” Trump told Fox News in an interview. Early this week, Trump alleged that it was virtually impossible to find pictures or anything about…
BJP Minority Morcha chief hits back at Suvendu Adhikari: ‘New to party, not in contact with ground’ | Political Pulse News
THE NATIONAL president of the BJP Minority Morcha, Jamal Siddiqui, has dismissed the comments of party West Bengal leader Suvendu Adhikari saying that the party should dissolve its minority wing. Speaking to The Indian Express, Siddiqui also said that for the BJP, ‘Sabka Saath, Sabka Vikas’ remains an important guiding principle, contrary to what Adhikari said. “Maybe Suvendu Adhikari ji said this by mistake. He is not an old worker of the party or someone who is in close contact with the ground. He came from another party (the Trinamool…
Rain hits supply from hill states, tomato prices shoot up in Delhi’s mandis | Delhi News
Written by Angelina Florence Shicil While the rainfall has brought relief from the excessive heat, it has led to a spike in the rates of vegetables at the national capital’s wholesale markets owing to crop damage in the hill states. Prices of kitchen staples like potatoes, onions, and tomatoes have particularly soared, vendors in the wholesale markets said. Raju Prasad Mehta, 52, who sells tomatoes at the Azadpur wholesale vegetable market, said: “Aaj se 20-25 din pehle Rs 20 kg ka rate tha, ab mehenga ho gaya hai… Rs 60-80…
US stock market: Why EMs like India can remain resilient when US slowdown hits
[ad_1] Emerging markets are in a good position to see a US recession and may even be able to lure investors in. That’s the message from money managers, including JPMorgan Chase & Co. Deutsche Bank AG may be dashing treasuries and other haven assets for fear of a contraction in the world’s largest economy. They say that beyond short-term turmoil, developing countries will be cushioned by cheaper valuations, higher yields, faster growth and, above all, a resurgence. China, Given the current scale of losses in emerging markets, this seems like…
Rupee Today: Rupee hits fresh record low against dollar. Here’s what analysts have to say
[ad_1] New Delhi: Rupee fell to an all-time low of 78.86 on Wednesday U.S. Dollar in the open. Some analysts said that it will touch the 79 mark. The partially convertible rupee was trading at 78.94/95 per dollar. The currency had closed at 78.77 on Tuesday. “As the equity markets decided that the downturn was not good for stocks, after all, the dollar index managed to open almost all of last week’s retracement in just one session. The dollar-yen exchange rate was above 136 this morning, and Jeffrey Haley, Senior…
India: As diversification hits the headlines for India Inc, here’s what equity investors should do
[ad_1] Strategic investments, especially mergers and acquisitions, have become the new craze India Because companies with deep pockets spend huge amounts to pursue inorganic growth. This frenzy has been seen across sectors, with recent large investments in everything from paints and cement to media and entertainment, from transportation logistics to pharma. The objective is to be at the forefront of capitalizing the emerging market opportunities. With the intention of rapidly scaling up, many companies are paying surprisingly high premium prices for acquisitions. In addition, most of these schemes are being…
Cairn India hits record high on BSE amid stake sale talks
[ad_1] Mumbai: Shares of Cairn India Limited rose 5 per cent to a record high of Rs 358 on Friday. BSE between the news Vedanta Resources UK-based Cairn is in talks to buy a majority stake in a subsidiary of Energy. Shares, which were flat for most of the session, shot up in the last hour of trading on Bombay inventory The exchange closed at Rs 355.45 with a net gain of 4.36 per cent. Analysts said the stock jumped from reports that Vedanta is in talks with its parent…
Rupee Today: Rupee hits all-time low, breaks 78/$1 level for the first time
[ad_1] New Delhi: The rupee has come down to the lowest level ever against the rupee. U.S. Dollar A higher-than-expected inflation reading in the world’s largest economy on Monday fueled speculation of an aggressive rate hike by the Federal Reserve, prompting global strength in the greenback. The partially convertible rupee weakened from the 78/$1 mark for the first time and was trading at 78.2130/$1 for the last time. On Friday, the Indian currency closed at 77.8325/$1. Data released after Indian trading hours on Friday showed US consumer price inflation hit…
Core sector output hits six-month high of 8.4% in April
[ad_1] According to official data released on Tuesday, infrastructure industries grew 8.4% year-on-year in April, a six-month high. The core sector saw an exceptionally high growth rate of 62.6% in April 2021, mainly due to the low base effect as Covid disrupted economic activity in the month before. Barring crude oil and steel, all other infrastructure industries registered positive annual growth in April 2022. Crude oil registered an annual decline of 0.9% despite a low base (contracted 2.1% in April 2021). Crude oil production has been weak for quite some…