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Showing posts from January, 2024

'CAA Will Be Implemented In Next 7 Days': Union Minister Shantanu Thakur's Big Claim In Bengal

  In a bold assertion, Union Minister Shantanu Thakur, in West Bengal claimed that the Citizenship (Amendment) Act (CAA) would be implemented across India by next week. Addressing a meeting of booth workers in South 24 Parganas district’s Kakdwip on Sunday, the Bharatiya Janata Party (BJP) leader said in Bengali, “I can guarantee that in the next seven days, not just in West Bengal, but the CAA will be implemented across India.” He backed his claim with Union Home Minister Amit Shah’s earlier statement where the latter asserted that the CAA is the law of the land and no force could prevent its implementation. Thakur, a prominent BJP leader in West Bengal, is a member of Parliament from Bangaon Lok Sabha constituency and Minister of State for Ministry of Ports, Shipping and Waterways of India in PM Narendra Modi’s government. In December last year, Amit Shah, while addressing a gathering in Kolkata’s iconic Esplanade, reiterated the BJP-headed central government’s commitment to...

CAA to be implemented ‘very soon’, says Union minister Pramanik. Mamata vows to oppose move in Bengal

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  CAA to be implemented ‘very soon’, says Union minister Pramanik. Mamata vows to oppose move in Bengal Kolkata : A day after Union minister Shantanu Thakur said that the Citizenship Amendment Act (CAA) would be implemented “within the next seven days”, Union Minister of State for Home Nisith Pramanik said that the CAA would be implemented “very soon” but refused to set a timeline. “I cannot give a timeline at the moment, but the CAA will be implemented very soon. The Centre will implement it this year itself, that’s guaranteed,” the BJP MP from West Bengal’s Cooch Behar told ThePrint Monday.  Asked specifically if it will be implemented before the general election, Pramanik said:  “I have said ‘very soon’. It’s left for interpretation. (But) CAA is going to be a reality.” The general election is expected to be held around April-May this year. Passed by Parliament on 11 December, 2019,  the CAA seeks to grant citizenship t...

Will Nifty hold 21,700 mark or continue to gain? See GIFT Nifty, FII data, crude, more before market opens

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  On Monday, the NSE Nifty 50 gained 385 points or 1.80% to settle at 21,737.60. (Image: Pexels) G IFT  Nifty  indicated that Indian equity indices  BSE Sensex  and  NSE Nifty  50 may see a positive opening on Tuesday. Here is all you need to know before the  market  opens. GIFT Nifty trading up by 101 points or 0.46% at 21,967 indicating a positive opening for domestic indices NSE Nifty 50 and  BSE Sensex  on Tuesday. Previously, on Monday, the NSE Nifty 50 gained 385 points or 1.80% to settle at 21,737.60, while the  BSE Sensex  closed 1,240.90 points or 1.76% higher at 71,941.57. Key things to know before share market opens on January 30, 2024 Wall Street The three major US benchmark indices closed in the green, with the S&P 500 closing at a record high of 4,927.93. The tech-heavy Nasdaq Composite gained 1.12% at 15,628.04. The 30-stock Dow Industrial Average inched up 224.02 points, or 0.59%, to 38,333.45.  US...

Railway and Defence stocks: Is it a good time to bet on, Find out what Jefferies suggests

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  Railway and Defence stocks: Is it a good time to bet on? {Photo: Freepik} J efferies, a leading foreign brokerage, anticipates a prolonged upswing in corporate spending and the housing cycle, projecting a five-plus year growth trajectory. These sectors, constituting 75% of the total capital expenditure (capex), emerge as major drivers.  Jefferies suggests that any potential dip in capex plays, influenced by waning confidence in government-led initiatives, could present a strategic buying opportunity. The brokerage identifies Larsen & Toubro (L&T), State  Bank of India  ( SBI ), Lodha,  Godrej Properties ,  Ultratech  Cement,  Thermax , Polycab, KEI, Kajaria,  JSW Energy , and Coal as its preferred capex cycle plays, signaling positive prospects for investors in  India ’s evolving capex landscape. The report also anticipates a modest 7-8% growth in the government capex budget for the fiscal year 2025 in the upcoming interim Budg...