The point is that businessmen look to prosper; what they seek to minimise is uncertainty, which denotes risk. Beyond that they are politically agnostic, writes T N Ninan

Modi, narendra modi, BJP

Business Standard

Fare 'adjustment' comes as airlines seek to rectify missteps taken before Diwali

airfares

The industry's overall AUM rose 5 per cent to Rs 49 trillion, largely owing to the value appreciation of equity holdings

Between December 2020 and February 2021, traders were supposed to maintain at least 25 per cent of the peak margin

equity market, stocks, share market

The 14-year political journey of TMC leader Mahua Moitra has encountered both upheaval and elevation, as her expulsion from Parliament in a cash-for-query case marked the culmination of her tumultuous parliamentary term.
Despite the abrupt brakes to her parliamentary career for the time being, the opposition's unwavering support painted a contrasting picture, underscoring Moitra's enduring impact in present-day Indian politics.
Moitra, a first-time MP representing Krishnanagar Lok Sabha seat, found herself expelled from the Lok Sabha on Friday.
The Ethics Committee's report, holding her accountable for accepting gifts and illegal gratification, paved the way for her expulsion.
Following a contentious debate where Moitra was denied the opportunity to speak, Parliamentary Affairs Minister Pralhad Joshi proposed a motion to expel the Trinamool member for "unethical conduct," a motion that was adopted through a voice vote.
In response to her expulsion, Moitra strongly criticised the .

Mahua Moitra

Press Trust of India

Tata Group is planning to set up a semiconductor processing plant in Assam at an investment of about Rs 40,000 crore, Chief Minister Himanta Biswa Sarma said on Friday.
Addressing a function here, he said it has approached the Centre for the final nod after discussions with the state government, and the go-ahead is expected soon.
"There is a very good news for us. Tata Electronics Ltd has submitted an application for setting up an electronic centre at Jagiroad," Sarma said.
"They have submitted a proposal to the Government of India with an outlay of about Rs 40,000 crore," he added.
Jagiroad, in Morigaon district, is about 55 km from the state's largest city Guwahati.
Sarma said the Tata Group held initial talks with the state government about the semiconductor assembly and packaging plant, and satisfied with the discussions here, they have approached the Centre.
"If all goes well, we will see a major investment in the state which will create a positive environment for ...

manufacturing

One of the three accused was shot dead, while two are still on the run. The Rajput community called for Rajasthan Bandh

sukhdev singh gogamedi

The company, which has had its presence in India since 2015 and an employee base of 570, plans to ramp it up further by 100 employees by March next year

Kendal Vroman

"This joint venture envisages the transfer of the current Indian business into a newly incorporated subsidiary of ABFRL where the partners will hold equal stake," ABFRL said in a release

footwear

Private credit funds fall under the broad category of AIFs for the purpose of regulations in India

SEBI

Reuters

Kripalu holds a Bachelor of Technology in Electronics from IIT, Madras, and an MBA from IIM, Calcutta. He completed his Advanced Management Program at Wharton Business School

Anand Kripalu

As rescue boats retreat from the flooded streets and crocodiles return to their habitat, a pressing question remains: What about our focus on urban planning?

Chennai flood

These apps are part of a worrying trend of non-consensual pornography being developed and distributed because of advances in artificial intelligence - a type of fabricated media known as deepfake porn

AI, google, Artificial Intelligence

Bloomberg

Top Congress leadership on Saturday held separate meetings to review the party's performance in the assembly polls in Rajasthan and Mizoram.
Congress president Mallikarjun Kharge convened the review meeting at the All India Congress Committee headquarters in Delhi where former party chief Rahul Gandhi and other senior leaders were also present.
While the review meeting for Mizoram was held earlier, the leaders from Rajasthan including former Chief Minister Ashok Gehlot and other senior leaders attended the review met for Rajasthan.
AICC in-charge for Mizoram Bhakt Charan Das later said, "We discussed every aspect of the Mizoram election, including the organizational structure of the state at the grassroots level and state level, as well as the various events that occurred during the elections."
"We also deliberated on our future plans. All these matters were carefully and intensively discussed," he said.

Mallikarjun Kharge, Karnataka elections, karnataka election results

India has showed that there is no irreconcilable trade-off between growth and distributive justice, and the government is making all efforts to further boost the country's position as a growth engine, Defence Minister Rajnath Singh said on Saturday.
In an address at the annual general meeting of FICCI, Singh said India, as the fastest growing major economy in the world, has now reached a position to trigger a "positive impact" on the growth of other countries.
"India showed that there is no irreconcilable trade-off between growth and distributive justice. That means providing fair opportunities to all citizens and accelerating the growth rate and both can be achieved simultaneously," he said.
"The government is making all efforts to further strengthen India's position as a growth engine. But you know that the government cannot do this work alone. For that we also need the support of the wealth creators and thought leaders of this country," he told the industry captains.
Singh said 

Rajnath Singh

The suspense over who will become the next chief minister of Madhya Pradesh is likely to end on Monday when the BJP's 163 newly-elected legislators meet and select their leader in the presence of central observers, a party functionary said.
In the November 17 Madhya Pradesh assembly elections, the results of which were declared last Sunday, the BJP won as many as 163 of the 230 seats, leaving the Congress a distant second at 66.  The party on Friday appointed Haryana Chief Minister Manohar Lal Khattar, its OBC 'Morcha' head K Laxman and its secretary Asha Lakra as central observers for electing the leader of its legislative party in Madhya Pradesh.
"The central observers will chair a meeting of party MLAs on Monday," MP BJP media cell head Ashish Agrawal told PTI on Saturday.  The schedule of the meeting will be shared with the media once it is finalised, he added.
Party sources said the meeting is likely to begin any time between 5 pm or 7 pm on Monday.
The meeting was earlier ...

"There is no discipline in this party. If we had done the same, I don't know what allegations they would have levelled against us and misled people," Gehlot said

Ashok Gehlot, Rajasthan CM

The seizure of "unaccounted" cash after Income Tax department raids against an Odisha-based distillery group and its linked entities is expected to reach Rs 290 crore, making it the "highest-ever" black money haul by any agency in a single operation, official sources said Saturday.
The tax department has deployed about 40 large and small machines to count currency notes and brought in more department and bank staffers to finish the counting process, which began on December 6 following raids against Boudh Distillery Pvt Ltd and others, they said.
Besides these, more vehicles have also been requisitioned by the department to transport the seized cash to government banks in the state.
A premises linked to Congress' Rajya Sabha MP from Jharkhand, Dhiraj Prasad Sahu, were also covered as part of the searches, the sources said.
Efforts to seek a response from the MP and an e-mail sent by PTI to the distillery group did not fructify.
Tax sleuths are now recording the statements of variou

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Congress holds Assembly election review meet for Rajasthan, Mizoram

Making efforts to further strengthen India as growth engine: Rajnath

Decision on next MP CM likely on Monday after BJP observers meet party MLAs

Ashok Gehlot criticises BJP for delay in Chief Minister announcements

Odisha cash haul set to be 'highest-ever' with Rs 290 crore seizure

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Fear and cheer: The paradox of the Indian business scene

India's busiest routes see surprise dip in airfares for year-end travel

Rs 20 trillion & rising: AUM of active equity mutual funds surges

Mahua Moitra's odyssey: From banker to parliamentarian and explosive exit

Tata Group planning Rs 40,000 crore semiconductor unit in Assam: CM

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