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HDFC Q3 profit jumps 4 times to Rs 8,372 cr; provisions spike

HDFC got a boost of Rs 9,019.81 crore from fair value gain from merger of Gruh with Bandhan.
The Economic Times



Full statehood will be part of AAP's poll manifesto: Arvind Kejriwal

Full statehood for Delhi was the main poll plank of AAP in the Lok Sabha elections last year. However, it failed to impress the people of Delhi and AAP candidates lost on all seven seats in the city. Addressing the fifth Town Hall meeting, anchored by ABP news channel, Kejriwal said full statehood is the only promise the party was not able to fulfil.

Parliamentary standing panel invites suggestions on Industrial Relations Code, Code on Social Security

“The committee have decided to invite ...

Budget likely to unveil ‘Fund of Funds’ for MSME sector

It would be modeled on the lines of FoF suggested by former Sebi chairman-headed pane...

ET Prime Distribution
  • The western state saw a flurry of activities through the 365 day circle of the calendar, few of which would cast their shadow over the next or even beyond.

    Addressing the 150th anniversary programme of Kolkata Port Trust, which Chief Minister Mamata Banerjee skipped, Modi said people in West Bengal would not have to miss out on the benefits for long, an apparent reference to the Assembly polls next year.

    The BJP’s Prime Minister Narendra Modi-led campaign ahead of the February 8 Delhi assembly election will focus on “identified sore points” such as housing and drinking water and seek to impress upon people that Chief Minister Arvind Kejriwal has not delivered on his promises.

    Sources claim that both parties can agree to contest the poll on 50-50 (equal number of) seats on the lines of the Lok Sabha elections. There are 243 seats in the Bihar Assembly. In the last Assembly elections, the Janata Dal-United (JD-U) and the BJP contested separately, whereas before that in 2010, both the parties contested together.

    The DMK said it has posted a "massive victory," despite the ruling party's alleged misuse of power and results showed the people's 'hate' for the AIADMK. The polls, held after a gap of eight years, is the first local body elections since the demise of the towering Dravidian leaders J Jayalalithaa and M Karunanidhi.

    The Raghubar Das government's feat of providing a stable government that lasted a full five-year term in a state where chief ministers changed faster than seasons did not cut ice with the electorate which decided to repose faith in a coalition that fought over seats and broke up five years ago.

    The two leaders will come together in the state for the first time since the Lok Sabha polls in May. "As far as we know, she (Banerjee) will attend a programme of the Kolkata Port Trust (KoPT) on January 12, where the prime minister would also be present," a senior Trinamool Congress leader told PTI.

    Shah said: “It’s a humanitarian issue, beyond political ideologies.” He asserted that the legislation will not in any manner affect the minority communities in India. “The Muslims in India have nothing to fear, they will continue to live peacefully,” he said.

    The bill seeks to amend the Insolvency and Bankruptcy Code (IBC) so successful bidders of insolvent companies will be ring-fenced from any risk of criminal proceedings for offences committed by previous promoters of companies concerned. It was passed by the Cabinet and subsequently introduced in the Lok Sabha during the Winter session earlier this month.

    China's economic growth slowed to its weakest in nearly 30 years in 2019 amid a bruising trade war with the United States and sputtering investment, and more stimulus steps are expected this year to help avert a sharper slowdown.

    Fourth-quarter gross domestic product (GDP) rose 6.0% from a year earlier, data from the National Bureau of Statistics showed, steadying at the same pace as the third quarter, although still the weakest in nearly three decades.

    The repercussions of the big policy decisions taken by the Centre could also have a bearing on the party’s functioning in 2020 when a new party president is set to take charge.

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