Shivraj Singh Chouhan’s era as chief minister of Madhya Pradesh has ended. Mohan Yadav has been announced as the new chief minister. Chouhan, who served the longest tenure as chief minister in the state, had said that he is not in contention for the top job. Shivraj Singh Chouhan played a key role in...
Read MoreThe recent IPOs of Zomato, Paytm, PB Fintech, Nykaa, Delhivery, and Mamaearth have shown varied performance in the public markets. While Paytm’s valuation has dropped, other new-age firms have mostly maintained or increased their market capitalization. Many internet stocks have reached 52-week highs, indicating renewed investor interest. However, challenges persist, such as Paytm’s business...
Read MoreEnforcement Directorate has served its sixth summons on Jharkhand CM Hemant Soren in a land deal & money laundering case, asking him to report at its office in Ranchi on Tuesday. The session clashes with Soren’s visit to Dumka for a welfare programme organised by the state government. Officials said it was unlikely that...
Read MoreIn March 2020, India implemented a strict lockdown due to the pandemic, causing panic among investors. Foreign funds sold off a significant amount of stocks, leading to a 40% decline in the sensex. Meanwhile, domestic funds received inflows through the systematic investment plan (SIP) route. The lockdown also accelerated digital adoption, with increased participation...
Read MoreMohan Yadav, the CM-designate of Madhya Pradesh, is skilled in stick and sword fighting. He has a law degree, an MBA, and a PhD in political science. Yadav is a three-time MLA and a strong Hindutva voice with a background in the RSS. He included Ramcharitmanas as an optional chapter for undergraduate students in...
Read MoreIndia’s economy is experiencing a swift recovery from the Covid-19 pandemic, poised to achieve close to 7% growth this fiscal year. This solid growth is driven by robust domestic demand, in contrast to faltering global growth and geopolitical uncertainty. The latest quarterly GDP growth of 7.6% follows a 7.8% expansion in the previous quarter,...
Read MoreSupreme Court upholds creation of Ladakh as a Union Territory (UT) and orders restoration of J&K’s statehood “at the earliest and as soon as possible”. Election Commission directed to hold assembly elections by the end of September. J&K’s statehood to be restored, status as a UT is temporary. Direct elections to legislative assemblies cannot...
Read MoreThe Reserve Bank of India (RBI) has released a warning statement concerning deceptive advertisements that lure borrowers with assurances of loan forgiveness. This advisory is in reaction to the ongoing promotion of such initiatives by various entities via print and social media. These unauthorized entities, without any legitimate authority, impose service or legal fees...
Read MoreBSE India total market capitalisation has crossed $4 trillion and its GDP is in striking distance of $4 trillion. Global investors’ portfolios are divided into US, Europe, China, and emerging markets. India stands out in terms of growth and offers the ‘5D advantage’ of debt stability, deglobalisation, digitization, deregulation, and demographics. As India moves...
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