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Showing posts with the label NARENDRA MODI

Markets Rally for Second Consecutive Day: Sensex Surges Over 696 Points

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The bullish trend in the market continues as the 30-share BSE Sensex surged by 696.46 points to 75,078.70 in early trade, marking a second consecutive day of gains. Among the 30 Sensex companies, NTPC, State Bank of India, Power Grid, Tata Steel, Tech Mahindra and HCL Technologies emerged as the biggest gainers. The buoyant start on Thursday follows the unanimous election of Narendra Modi as the leader of the BJP-led National Democratic Alliance (NDA). This decision has instilled confidence in investors, leading to a continuation of the previous day's sharp rally. The NSE Nifty also witnessed an upward trend, climbing by 179.15 points to reach 22,799.50. Notable gainers among the 30 Sensex companies include NTPC, State Bank of India, Power Grid, Tata Steel, Tech Mahindra, and HCL Technologies. However, Hindustan Unilever, Nestle, Sun Pharma, and Asian Paints lagged behind. Narendra Modi's unanimous election as the leader of the NDA signals his historic third consecutive term as...

As NDA completes nine years, new Parliament building likely to be inaugurated in May end

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The new Parliament building complex is 64,500 square metre and is a part of the Central Vista project worth ₹20,000 crore. Prime Minister Narendra Modi inspected the construction of new parliament complex. Prime Minister Narendra Modi is likely to inaugurate the new Parliament building, which is at the heart of Lutyens in Delhi, soon. It has been constructed as part of the Central Vista Redevelopment Project. The new Parliament building will be inaugurated end of the month, which is around the time the National Democratic Alliance (NDA) will complete nine years in power, people familiar with the matter said. Over a month ago, Prime Minister Modi went on a surprise visit to the building. With Lok Sabha speaker Om Birla, Modi spent over an hour at the upcoming complex and inspected various works. The prime minister observed the faculties coming up at both Houses of Parliament and interacted with the construction workers and the officials, sources added. The PM laid the foundation stone o...

US–India relations: Back to a not-so-bright future?

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 U.S.-India bilateral relations for decades had more form than substance. Gauzy rhetoric about “shared democratic values” papered over tensions rooted in differences over the Cold War. The U.S. wanted India to choose sides; Indian leaders, fresh from an anti-colonial struggle, preferred charting an independent course to being trapped in the slipstream of others’ disputes. But if India’s leading role in the Nonaligned Movement — and its arms deals with the Soviet Union — put a ceiling on the bilateral relationship, the American public’s generally positive view of India’s struggle for freedom and commitment to democracy established a floor. As a result, even when political tensions arose, the U.S. provided development assistance to India, people-to-people exchanges expanded, and scientific cooperation grew. The collapse of the Soviet Union signaled an opportunity for a new chapter in the  bilateral relationship. The respective governments in the 1990s in Washington and New Delhi...