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Mumbai: Indian stock markets rallied on Monday after the <keyword id="20032950" type="General" weightage="20" keywordseo="BJP-led-government" source="keywords">BJP-led government</keyword> secured a majority in the latest state elections in Maharashtra. The <keyword id="20641216" type="General" weightage="100" keywordseo="Nifty-50" source="keywords">Nifty 50</keyword> index gained more than 1.45 per cent or 346.30 points to open at 24,253.55 points, while the BSE <keyword id="19896382" type="General" weightage="20" keywordseo="Sensex" source="keywords">Sensex</keyword> index surged 1,076 points or 1.36 percent to open at 80,193.47 points. Experts noted that the election results have an impact on the markets today, and if past trends are followed, the markets may witness some rally amid the return of the BJP in the Maharashtra state elections. <keyword id="20161891" type="General" weightage="20" keywordseo="Ajay-Bagga" source="keywords">Ajay Bagga</keyword> Banking and Market Expert stated that "The just concluded elections in Maharashtra, the results of which were declared on November 23rd, will have a positive immediate impact on the stock markets. The landslide win for the BJP lead coalition in the Maharashtra state elections could lead to a short-term boost to the Indian stock markets which have been in a declining mode" He further added "Investors will interpret this mandate as favourable for the capex and infrastructure push that is ongoing in Maharashtra. The beneficiary sectors of this election are industrials, infrastructure, manufacturing, real estate and financials". In the sectoral indices on the National Stock Exchange, <keyword id="20065014" type="General" weightage="20" keywordseo="Nifty-Realty" source="keywords">Nifty Realty</keyword> and <keyword id="19941314" type="General" weightage="20" keywordseo="Nifty-PSU-Bank" source="keywords">Nifty PSU Bank</keyword> rallied with a surge of more than 2 percent, while other major indices also gained more than 1.5 per cent, including Nifty Metal, Nifty Media, and Nifty Oil &amp; Gas. In the Nifty 50 list, 49 stocks gained during the opening session, while only one stock declined. Shri Finance opened as the top gainer in the Nifty 50. The shares of the AdGroup also surged around 2 percent at the time of filing this report. <keyword id="19967296" type="General" weightage="20" keywordseo="Adani-Green" source="keywords">Adani Green</keyword> also climbed around 4 percent. "We are most likely to break the falling 20-day average that lies at 24,030, which will be the first time that'd happen since the record high of 27th September. Seasonality trends between now and the end of the year have been historically positive, with the Nifty rising 80% of the time during this period with an average return of over 4 per cent" Akshay Chinchalkar, Head of Research, Axis Securities. In other Asian markets, Japan and South Korea indices rallied. The Nikkei 225 index surged more than 1.5 percent, South Korea's Kospi also rose by 1.5 percent, Taiwan's Weighted Index was up by 0.48 percent, while Hong Kong's Hang Seng index was down marginally by 0.14 percent at the time of filing this report.

Nifty, Sensex rallied around 1.5 % after Maharashtra election results, Experts noted short term rally

The just-announced <keyword id="22906567" type="General" weightage="100" keywordseo="Unified-Pension-Scheme" source="keywords">Unified Pension Scheme</keyword> for central <keyword id="19933272" type="General" weightage="20" keywordseo="government-employees" source="keywords">government employees</keyword> will be available only for those who are currently subscribers of the New Pension Scheme (NPS), including retirees. The new scheme guarantees employees 50% of their average basic pay over the last 12 months before retirement, as a pension for a minimum qualifying service of 25 years against a market returns linked payout under the NPS. According to the scheme approved by the Union Cabinet, the pension will be proportionate for a lesser service period of up to a minimum of 10 years. Also, assured pension of Rs 10,000 per month on superannuation after a minimum of 10 years of service will be provided. The scheme has been brought out to address the concerns of government employees over NPS, which came into effect from January 1, 2004. Under the <keyword id="3246232" type="General" weightage="20" keywordseo="Old-Pension-Scheme" source="Orion">old pension scheme</keyword> (OPS), effective before January 2004, employees got 50 % of their last drawn basic pay as pension. Unlike the old pension scheme, UPS is contributory in nature, wherein employees will be required to contribute 10% of their basic salary and dearness allowance while the employer's contribution (the central government) will be 18.5%. Under the NPS, the employer contribution is 14%, and the employee contribution is 10%. However, the eventual payout depends on the market returns on that corpus, mostly invested in government debt. Employees, under the OPS, were not required to make any contribution. They, however, contributed to the General Provident Fund (GPF). The accumulated amount, along with interest, was paid to the employee at the time of retirement. As the NPS was less attractive than the OPS, several non-BJP-ruled states decided to go back to the old pension scheme, which offered a DA-linked benefit. This prompted the Centre to constitute a committee in April 2023, under former Finance Secretary and now Cabinet Secretary-designate TV Somanathan to suggest improvement in the NPS architecture. Fulfilling the long pending demands of government employees ahead of assembly elections in Haryana and Jammu and Kashmir, the Union Cabinet on August 24 approved the UPS, which will provide assured pension to 23 lakh eligible central government employees. Those opting for the UPS will not be able to switch back. The UPS will put an additional burden of Rs 6,250 crore on the exchequer per year. The expenditure will vary every year according to variations in the number of employees. In addition, there will be an arrear of Rs 800 crore that has to be paid under the National Pension System (NPS) to employees retiring before March 31, 2025. If these retirees opt for UPS, they will receive arrears. "UPS is being implemented by the Central Government, benefitting 23 lakh central government employees," Information &amp; Broadcasting Minister Ashwini Vaishnaw said on X on Sunday. If states also adopt the UPS architecture, a total of over 90 lakh government employees, who are presently on NPS, would be benefitted, he added. On Sunday, Maharashtra, where assembly elections are due later in the year, became the first state to announce the adoption of the UPS for its employees. RSS-affiliate Bharatiya Mazdoor Sangh (BMS) said though the government has attempted to overcome the shortcomings of the NPS, there are still some issues compared to OPS. BMS will decide its future course of action only after a detailed study of the UPS after it is notified. All India Trade Union Congress (AITUC) said it is nothing but an extension of the existing NPS. The trade union expressed apprehensions that UPS will have a lot of aberrations once implemented. AITUC reiterated that it will continue to fight for the restoration of the non-contributory OPS. ICRA Chief Economist Aditi Nayar said assured pensions will add to the government's committed expenditure in the future while reducing the uncertainty for employees. "This will have to be built into the fiscal consolidation roadmap going ahead," Nayar added. The UPS reflects a thoughtful approach to long-term social security, addressing concerns about the adequacy and sustainability of pension benefits in a rapidly changing economic landscape, said Shardul Amarchand Mangaldas &amp; Co Partner Dorothy Thomas. "This move signals the government's commitment to providing robust support for its workforce, enhancing financial stability for millions of government employees across the country," Thomas said.

Over 23 lakh govt employees under NPS get option to choose unified pension scheme

In a major setback to Delhi's <keyword id="19935664" type="General" weightage="20" keywordseo="Aam-Aadmi-Party" source="keywords" meta.keywordsubtype="org" meta.entityname="Aam Aadmi Party" meta.hostid="345" meta.entityid="Aam Aadmi Party">Aam Aadmi Party</keyword> government, the <keyword id="19895345" type="General" weightage="20" keywordseo="Supreme-Court" source="keywords" meta.keywordsubtype="org" meta.entityname="Supreme Court" meta.hostid="345" meta.entityid="Supreme Court">Supreme Court</keyword> on Monday ruled that the law "expressly enables" the lieutenant governor to nominate <keyword id="22669982" type="General" weightage="20" keywordseo="aldermen" source="keywords">aldermen</keyword> to the <keyword id="19900879" type="General" weightage="20" keywordseo="mcd" source="keywords">MCD</keyword> and he is not bound by the advice of the council of ministers in the matter. A bench of Chief Justice D Y Chandrachud and Justices P S Narasimha and J B Pardiwala rejected the <keyword id="19925995" type="General" weightage="20" keywordseo="Delhi-government" source="keywords">Delhi government</keyword>'s plea challenging the LG's power to nominate 10 aldermen in the <keyword id="19907640" type="General" weightage="20" keywordseo="Municipal-Corporation-of-Delhi" source="keywords" meta.keywordsubtype="org" meta.entityname="Municipal Corporation of Delhi" meta.hostid="345" meta.entityid="Municipal Corporation of Delhi">Municipal Corporation of Delhi</keyword> without the aid and advice of the council of ministers. The apex court pronounced its verdict on the Delhi government's plea after reserving it for nearly 15 months. In its ruling impacting the fraught relationship between the LG's office and the AAP-led Delhi government, the bench said the Delhi Municipal Corporation Act as amended in 1993 "expressly enables the LG to nominate persons having special knowledge to the corporation". It said the power expressed by the statute in the name of the LG, also seen in the context of other provisions, demonstrates the statutory scheme in which the powers and duties are distributed among authorities under the Act. "The context in which the power is located confirms that the LG is intended to act as per the mandate of the statute and not guided by the aid and advice of the council of ministers. The power to be exercised is the statutory duty of the LG and not the executive power of the state. This is how we analysed the constitutional provisions," Justice Narasimha said while pronouncing the verdict on behalf of the bench. The bench said the statutory power under provision 3(3)(b)(1) which deals with nomination of persons having special knowledge was vested with the LG for the first time by the 1993 amendment of the DMC Act of 1957. The bench said the DMC Act as amended in 1993 recognises five authorities exercising the state's power and duties under the Act -- these are the Central government, the government of NCT, administrator, corporation and the commissioner. It said the amendment Act of 1993 carries out several amendments to the original DMC Act of 1957 by which the power, duties were allocated to the authorities depending on the function they perform under the law. The bench said by way of the amendment the power of nomination of aldermen was given to LG under the provision just like the power of nomination of MLAs was given to the speaker of the House. On May 17 last year, the top court had said that giving the LG the power to nominate aldermen to the MCD will mean he can destabilise an elected civic body. The MCD has 250 elected and 10 nominated members. In December 2022, the Aam Aadmi Party defeated the <keyword id="19894848" type="General" weightage="20" keywordseo="BJP" source="keywords" meta.keywordsubtype="org" meta.entityname="BJP" meta.hostid="345" meta.entityid="BJP">BJP</keyword> in the civic elections, winning 134 wards and ending the saffron party's 15-year run at the helm of the MCD. The BJP won 104 seats and the Congress finished a distant third with nine. Senior advocate Abhishek Singhvi, appearing for the Delhi government, had contended during the hearing that no separate powers have been accorded to the state government to nominate people to the MCD. For the past 30 years, the practice of the LG nominating aldermen on the aid and advice of the city government has been followed, he said. Additional Solicitor General Sanjay Jain, appearing for the LG's office, submitted that just because a practice has been followed for 30 years does not mean it is correct. The top court had observed that giving the LG the power to nominate aldermen will effectively mean that he can destabilise a democratically elected MCD because these aldermen get appointed to the standing committees and have voting power. Earlier, the top court had questioned the "source of power" of the LG under the Constitution and the law to nominate aldermen to the MCD without the aid and advice of the elected government. On May 12 last year, the top court observed that LG has to act on the "aid and advice" of the council of ministers of the Delhi government in nominating 10 aldermen to the MCD.

SC backs LG's right to nominate aldermen to MCD, setback for AAP govt

A day after <keyword id="19895371" type="General" weightage="20" keywordseo="Congress" source="keywords" meta.keywordsubtype="org" meta.entityname="Congress" meta.hostid="261" meta.entityid="Congress">Congress</keyword> leader <keyword id="19895780" type="General" weightage="100" keywordseo="Rahul-Gandhi" source="keywords">Rahul Gandhi</keyword>'s remarks in the <keyword id="19895397" type="General" weightage="20" keywordseo="Parliament" source="keywords">Parliament</keyword> created a political uproar, <keyword id="19905334" type="General" weightage="20" keywordseo="Shiv-Sena" source="keywords">Shiv Sena</keyword> (UBT) leader <keyword id="19905333" type="General" weightage="20" keywordseo="Sanjay-Raut" source="keywords">Sanjay Raut</keyword> backed his words stating that the leaders of the INDIA bloc do not align with the "fake <keyword id="19935821" type="General" weightage="20" keywordseo="Hindutva" source="keywords">Hindutva</keyword>" portrayed by the Bharatiya Janata Party (<keyword id="19894848" type="General" weightage="20" keywordseo="BJP" source="keywords">BJP</keyword>). "Yesterday, Rahul Gandhiji said that Hindutva is not equal to the BJP. Hindutva does not promote spreading hatred. We do not align with the fake Hindutva portrayed by the BJP", Raut said while addressing the media here in the national capital on Tuesday. Falling in line with Rahul Gandhi's remarks, the Shiv Sena (UBT) leader further added that the former said in the Parliament that 'Hindutva' is a much wider term. "He did not say anything wrong about the Hindus. Those who consider themselves Hindus should hear again that Rahul Gandhiji had said that 'Hindutva' is a much wider term and the Bharatiya Janata Party (BJP) won't understand this", he said. On Monday, Rahul Gandhi's maiden speech in <keyword id="19895394" type="General" weightage="20" keywordseo="Lok-Sabha" source="keywords">Lok Sabha</keyword> as Leader of Opposition in Lok Sabha generated a lot of political heat with BJP leaders accusing him "of speaking lies, misleading the House and terming the entire Hindu community violent" and the Congress hitting back with counter allegations against the <keyword id="19916814" type="General" weightage="20" keywordseo="Modi-government" source="keywords" meta.keywordsubtype="org" meta.entityname="Modi government" meta.hostid="261" meta.entityid="Modi government">Modi government</keyword>. The two Houses took up the debate on the motion of thanks on the President's address with PM Modi slamming Rahul Gandhi during his speech. "Calling the entire Hindu community violent is a very serious matter," PM Modi said. Home Minister Amit Shah demanded an apology from Rahul Gandhi. While the BJP held a press conference later to denounce Rahul Gandhi's remarks, Congress also held an evening presser to slam the ruling party at the Centre. Rahul Gandhi launched a multi-pronged attack on the BJP targeting it over its remarks during the Lok Sabha campaign, the NEET-UG controversy, <keyword id="20611113" type="General" weightage="20" keywordseo="Agniveer-scheme" source="keywords">Agniveer scheme</keyword>. Participating in the debate on the Motion Of Thanks on the President's Address, Rahul Gandhi targeted the BJP-led government over the Agniveer scheme and claimed that Agniveer is not called a 'jawan' and said that Agniveers serving for a period of four years will not get a pension. "One Agniveer lost his life in a landmine blast but he is not called a 'martyr'... 'Agniveer' is a use and throw labourer," Rahul Gandhi alleged, attacking the BJP-led NDA government over the scheme," he had said. He also called the Hindu symbol 'Abhayamudra' which gestures fearlessness, reassurance and safety, as the symbol of the Congress party. "Abhayamudra is the symbol of Congress...The Abhayamudra is the gesture of fearlessness, is the gesture of reassurance and safety, which dispels fear and accords divine protection and bliss in Hinduism, Islam, Sikhism, Buddhism and other Indian religions...All our great men have spoken about non-violence and finishing fear...But, those who call themselves Hindu only talk about violence, hatred, untruth...Aap Hindu ho hi nahi," the Congress leader said. "It is written in the Hindu religion; do not shy away from the truth, stand with the truth", he added. Gandhi's remarks witnessed brickbats from the BJP leaders as they accused the Congress leaders of "spreading lies" and demanded an apology from his side. Meanwhile, PM Modi will deliver his reply to the Motion of Thanks on the President's address in the lower house of Parliament later today. JP Nadda, MoS Jadhav Prataprao Ganpatrao, Jitin Prasada, Union Minister Ramdas Athawale, Ram Nath Thakur, Nityanand Rai, Satya Pal Singh Baghel, Shobha Karandlaje, BL Verma, L Murugan, Ajay Tamta, Kamlesh Paswan, Ravneet Singh will lay papers on the table in Lok Sabha today.

"We do not align with fake Hindutva portrayed by BJP": Sanjay Raut backs Rahul Gandhi's remarks in Parliament

New Delhi [India], June 4 (ANI): With counting progressing in <keyword id="19912155" type="General" weightage="20" keywordseo="Lok-Sabha-polls" source="keywords">Lok Sabha polls</keyword>, the Bharatiya Janata Party-led <keyword id="20344628" type="General" weightage="20" keywordseo="National-Democratic-Alliance" source="keywords" meta.keywordsubtype="org" meta.entityname="National Democratic Alliance" meta.hostid="261" meta.entityid="National Democratic Alliance">National Democratic Alliance</keyword> is leading on more than 100 seats as per the latest trends according to TV channels. Around 642 million people voted in Lok Sabha elections held over seven phases in a mammoth six-week period. The counting of votes began starting with postal ballot papers amid tight security. The counting for State Legislative Assemblies of 175 Assembly constituencies in Andhra Pradesh and 147 Assembly constituencies in Odisha and results of bypolls in 25 Assembly constituencies also began. The Lok Sabha elections for 543 seats of the lower house were held across seven phases. The <keyword id="19931558" type="General" weightage="20" keywordseo="Bharatiya-Janata-Party" source="keywords" meta.keywordsubtype="org" meta.entityname="Bharatiya Janata Party" meta.hostid="261" meta.entityid="Bharatiya Janata Party">Bharatiya Janata Party</keyword> is eyeing a third straight term in power, while the Opposition under the umbrella of the <keyword id="19895684" type="General" weightage="20" keywordseo="INDIA-bloc" source="keywords" meta.keywordsubtype="org" meta.entityname="INDIA bloc" meta.hostid="261" meta.entityid="INDIA bloc">INDIA bloc</keyword> is seeking to wrest power from the ruling party.Most exit polls predicted a straight term for Prime Minister Narendra Modi, with quite few of them projecting a two-thirds majority for the ruling BJP-led National Democratic Alliance (<keyword id="41281" type="General" weightage="20" keywordseo="NDA" source="Orion">NDA</keyword>). The Congress party and its allies dismissed the exit polls as "orchestrated" and a work of "fantasy", asserting that the opposition INDIA bloc will form the next government at the Centre. Strict security has been put in place for the smooth conduct of counting of votes for over 8,000 candidates in this general election. With counting began for the Lok Sabha elections, which have seen the largest voter participation, the electoral fate of several leaders across the political spectrum will be decided. Prime Minister Narendra Modi, Home Minister Amit Shah, and Defence Minister Rajnath Singh are among the senior BJP leaders in the fray. Key opposition leaders, including former Congress chief Rahul Gandhi, NCP's Supriya Sule, and Samajwadi Party chief Akhilesh Yadav, are also contesting the poll. Two polls predicted the BJP would also improve its numbers from the 303 seats it won in the 2019 Lok Sabha polls. In the 2019 elections, NDA wrested 353 seats, of which the BJP won 303 alone. The Opposition's UPA got only 93 seats of which the Congress got 52. Even before the counting of the votes, the Bharatiya Janata Party won one seat of Surat Lok Sabha. Earlier on April 22, Mukesh Dalal won the election "unopposed". Congress nominee Nilesh Kumbhani's nomination was rejected. His candidacy was rejected because of alleged discrepancies in the signatures of the proposers.

Lok Sabha election results: BJP-led NDA leading in 100 plus seats in early trends

Chandigarh: Listing out the measures taken by his government to compensate <keyword id="19934969" type="General" weightage="20" keywordseo="farmers" source="keywords">farmers</keyword> over this year's subnormal rain, Haryana Chief Minister <keyword id="20928101" type="General" weightage="100" keywordseo="nayab-singh-saini" source="keywords">Nayab Singh Saini</keyword> countered the <keyword id="19895371" type="General" weightage="20" keywordseo="Congress" source="keywords" meta.keywordsubtype="org" meta.entityname="Congress" meta.hostid="261" meta.entityid="Congress">Congress</keyword> criticism over the issue, saying the opposition party would give only "meagre amounts" while it was in power. Stepping up the attack ahead of the possible announcement of assembly polls in the state, <keyword id="20361506" type="General" weightage="20" keywordseo="Saini" source="keywords">Saini</keyword>, addressing a press conference on Friday, hit out at Congress's '<keyword id="22376578" type="General" weightage="20" keywordseo="Haryana-Maange-Hisab" source="keywords">Haryana Maange Hisab</keyword>' campaign and accused it of spreading lies. Asked if he has any information on whether Haryana's poll dates will be announced later in the day, Saini quipped: "Who said so? Polls will be held as per schedule." The chief minister pointed to the recent cabinet decision to compensate farmers affected by less rains at a rate of Rs 2,000 per acre as a bonus. "We have released the first instalment of Rs 525 crore on Friday," he said. All the farmers who have registered on the designated portal will be compensated for their losses, he said. Saini said the BJP-led government in the state has taken several steps for farmers' welfare in the past ten years. "Congress sheds crocodile tears in the name of farmers. They should tell how much crops they procured from farmers in the ten years between 2005-2014," Saini said. "During their rule, Congress used to handover cheques of meagre amounts of Rs 2, Rs 5 for crop damage. The <keyword id="19894848" type="General" weightage="20" keywordseo="BJP" source="keywords" meta.keywordsubtype="org" meta.entityname="BJP" meta.hostid="261" meta.entityid="BJP">BJP</keyword> government has given Rs 13,276 crore as compensation to farmers for crop damage in the past ten years," he said. During the Congress rule, farmers would "dump their produce" on roads as they did not get the required price, the CM said. Under the BJP government, payment is made to the farmers' bank accounts within 72 hours, Saini said. Dubbing the 'Haryana Maange Hisab' campaign as a "jhooth ki yatra" (yatra of lies), he added, "Those who are seeking an account from us, I want to show them the mirror and tell them how we are taking decisions in favour of farmers and empowering them," he said. Saini said while the Congress is wearing a mask of honesty these days, everyone knows how farmers' land was "snatched by them in the name of CLU (change of land use)" and handed them over to builders. The Congress has been attacking the BJP as part of its 'Haryana Maange Hisab' campaign, after its launch on July 15, targeting the ruling party over several issues concerning farmers as well as unemployment, law and order and others.

Haryana CM Nayab Singh Saini attacks Cong's 'Haryana Maange Hisab' campaign, asks what it did for farmers

INDIA bloc leaders gathered at <keyword id="19895812" type="General" weightage="20" keywordseo="Jantar-Mantar" source="keywords" meta.keywordsubtype="org" meta.entityname="Jantar Mantar" meta.hostid="153" meta.entityid="Jantar Mantar">Jantar Mantar</keyword> here on Tuesday to demand the release of Delhi Chief Minister <keyword id="19901384" type="General" weightage="100" keywordseo="Arvind-Kejriwal" source="keywords">Arvind Kejriwal</keyword> amid his declining health and hit out at the BJP-led Centre for "suppressing" the voice of <keyword id="19895395" type="General" weightage="20" keywordseo="opposition" source="keywords">opposition</keyword>. They also blamed the Centre for obstructing the work of the Delhi government, therefore leading to the recent incident in Rajinder Nagar where three students died after getting trapped in a flooded basement of a coaching centre. Slogans of "Bharat Mata Ki Jai" and "End dictatorship" were raised during the <keyword id="19895811" type="General" weightage="20" keywordseo="protest" source="keywords">protest</keyword> rally called by the <keyword id="19914482" type="General" weightage="20" keywordseo="AAP" source="keywords" meta.keywordsubtype="org" meta.entityname="AAP" meta.hostid="153" meta.entityid="AAP">AAP</keyword>. CPI(ML) Liberation leader Dipankar Bhattacharya said three senior AAP leaders -- Kejriwal, Manish Sisodia and Satyendar Jain were put in jail as "part of a conspiracy". He also accused the Centre of obstructing the work of the Delhi government, and held them responsible for the situation in the national capital, including the Rajinder Nagar coaching centre deaths. "The Modi government is responsible for the anarchy in Delhi. This anarchy took the lives of the three <keyword id="20217536" type="General" weightage="20" keywordseo="UPSC-aspirants" source="keywords">UPSC aspirants</keyword> in Rajinder Nagar. <keyword id="19894848" type="General" weightage="20" keywordseo="BJP" source="keywords" meta.keywordsubtype="org" meta.entityname="BJP" meta.hostid="153" meta.entityid="BJP">BJP</keyword> took the lives of three UPSC aspirants," Bhattacharya said during the rally. "They tried to end AAP, weaken Delhi government as part of a conspiracy. The elected chief minister is in jail. Umar Khalid and many activists are in jail in false charges in Delhi riots. Bhima Koregaon fake case, father Stan Swamy was in jail and he even died while in custody. There is a huge conspiracy against leaders, activists," he said. The BJP-led Centre is "trying to suppress the voice of those who oppose them", he said. "Six months ago when Arvind ji, Hemant ji were arrested, we knew it was a conspiracy because Lok Sabha elections were there," he said. "Hemant ji came out, there was an appeal to stop his bail but it was dismissed. Kejriwal ji was released for less than a month. Now though he has been given a bail there is a conspiracy to keep him in jail," he said. "It is a conspiracy to finish a democratically elected government and a political party," Bhattacharya said, urging the people to give their reply to the BJP in upcoming assembly polls in Haryana, Maharashtra and Jharkhand by defeating the BJP. "The recent mandate has proved that people won't tolerate tyranny. We will ensure justice,"he added. Communist Party of India general secretary D Raja also demanded the immediate release of the Delhi chief minister, and expressed concerns about his health. "After BJP's coming to power, democracy is no longer 'for' the people, democracy is 'far' from people, democracy is not 'of' the people, it is 'off' the people, and it is not 'by' the people, it is 'buy' the people," Raja said. "Kejriwal is one of the victims of the central agencies used by the Modi government. Can we allow this? How much longer can we tolerate this situation in the country. Kejriwal is not well and his health has deteriorated," he said. AAP Delhi convener Gopal Rai said Kejriwal's sugar levels are going down in custody. "He was granted bail by trial court and Supreme Court but a conspiracy was hatched to keep him in jail. Why does BJP want to put opposition leaders in jail? Who is responsible for the deaths of the three UPSC aspirants?" Rai said. "When LG is being asked about the incident, he is quiet. The BJP, which is demanding Kejriwal's resignation, snatched away the powers of the Delhi government. They want rights but run away when they are held accountable," he charged. has been accusing the BJP of "conspiring to kill" Kejriwal in jail and cited his medical report to show that his sugar levels have fallen 34 times between June 3 and July 7. Nationalist <keyword id="19895371" type="General" weightage="20" keywordseo="Congress" source="keywords" meta.keywordsubtype="org" meta.entityname="Congress" meta.hostid="153" meta.entityid="Congress">Congress</keyword> Party - Sharadchandra Pawar (NCP-SP) chief Sharad Pawar and Deputy Leader of Congress in Lok Sabha Gaurav Gogoi are also present in the INDIA bloc rally. Congress Rajya Sabha MP Pramod Tiwari referred to Kejriwal's wife Sunita as a "symbol of resistance" as he began his address. "We have come to give complete moral support to AAP and Kejriwal on behalf of Congress president Mallikarjun Kharge, and party leaders Sonia Gandhi and Rahul Gandhi in the struggle against illegal arrest of Arvind Kejriwal. The arrest of Kejriwal in an illegal and unconstitutional manner indicate nothing but the bad intentions of the BJP," he alleged. Tiwari said it was "height" of inhumanity to keep Kejriwal in jail despite his medical reports showing dip in his blood sugar to a dangerous level. The Congress and AAP had fought the recent Lok Sabha elections in Delhi in alliance. AAP had fielded candidates on four seats and Congress on three seats. However, the alliance drew a blank. Gogoi warned the BJP and its leaders saying they cannot scare the opposition whether it is AAP, Congress or any other party. "Their illusion lies shattered with this rally. If fair Lok Sabha elections had been held in 2024, the BJP would have been in opposition and we would have been in power. The BJP-led government is not going to complete its five-year term," he stressed. Kejriwal was arrested on March 21 by the Enforcement Directorate (ED) in a money laundering case linked to the alleged excise policy scam and has been granted bail by the Supreme Court. However, he is currently lodged in Tihar in a connected CBI case.

INDIA bloc leaders gather at Jantar Mantar, demand release of Delhi CM Kejriwal

The first full budget of the BJP-led NDA government in its third successive term will be presented by <keyword id="19956758" type="General" weightage="20" keywordseo="Finance-Minister" source="keywords">Finance Minister</keyword> <keyword id="19916618" type="General" weightage="20" keywordseo="Nirmala-Sitharaman" source="keywords">Nirmala Sitharaman</keyword> on July 23. The government on Saturday announced the dates of the budget session of Parliament which will start on July 22 and conclude on August 12. Finance Minister Nirmala Sitharaman, who will present the <keyword id="19908389" type="General" weightage="20" keywordseo="Union-Budget" source="keywords">Union Budget</keyword> 2024-25, has been holding pre-budget consultations. As part of the deliberations, she has met economists, experts in finance and capital markets, industry representatives and agriculture experts. Industry bodies, including the Confederation of Indian Industry (CII), have urged the government to increase capital expenditure in the upcoming budget. This will be Sitharaman's seventh budget in a row. She will be the first Union Finance Minister to present seven consecutive union budgets. Former Prime Minister Morarji Desai had presented six budgets in a row. Parliamentary Affairs Minister Kiran Rijuju announced the dates of budget session. "Hon'ble President of India, on the recommendation of the Government of India, has approved the proposal for summoning of both the Houses of Parliament for the Budget Session, 2024 from 22nd July 2024 to 12 August 2024 (Subject to exigencies of Parliamentary Business). Union Budget, 2024-25 will be presented in Lok Sabha on 23 July 2024," he posted on X. The <keyword id="19916814" type="General" weightage="20" keywordseo="Modi-government" source="keywords" meta.keywordsubtype="org" meta.entityname="Modi government" meta.hostid="153" meta.entityid="Modi government">Modi government</keyword> had presented an interim budget in February this year. Sitharaman had announced in the interim budget that the capital expenditure outlay for the next year is being increased by 11.1 per cent to Rs 11,11,111 crore, which would be 3.4 per cent of the GDP. The government had also announced that Rs one lakh crore corpus will be established with five-year interest free loan for youth. Newly-elected Lok Sabha members took oath in the first session of 18th Lok Sabha held from June 24 to July 2 following the results of the general elections. President Droupadi Murmu addressed the joint sitting of two Houses on June 27 and both Lok Sabha and Rajya Sabha adopted a motion of thanks on the President's address. Prime Minister Narendra Modi replied to the debate on the motion of thanks in the two Houses of Parliament. BJP-led National Democratic Alliance returned to power for the third successive term in the general elections.

FM Nirmala Sitharaman to present first budget of Modi 3.0 on July 23

Several portions of the maiden <keyword id="20010618" type="General" weightage="20" keywordseo="speech" source="keywords">speech</keyword> of <keyword id="19895780" type="General" weightage="100" keywordseo="Rahul-Gandhi" source="keywords">Rahul Gandhi</keyword> as Leader of the Opposition in <keyword id="19895394" type="General" weightage="20" keywordseo="Lok-Sabha" source="keywords">Lok Sabha</keyword> targeting the central government over various issues, including <keyword id="20105286" type="General" weightage="20" keywordseo="minorities" source="keywords">minorities</keyword>, NEET row and Agnipath scheme among others, have been <keyword id="22254289" type="General" weightage="20" keywordseo="expunged" source="keywords">expunged</keyword> from the records of the Parliament on the orders of the Speaker. The portions expunged include his comments on Hindus, and PM Narendra Modi-BJP-RSS among others. Rahul Gandhi in his speech in Lok Sabha on Monday afternoon, during the debate on the motion of thanks on President Draupadi Murmu's address accused the <keyword id="19894848" type="General" weightage="20" keywordseo="BJP" source="keywords" meta.keywordsubtype="org" meta.entityname="BJP" meta.hostid="261" meta.entityid="BJP">BJP</keyword> and RSS of preaching and spreading <keyword id="19972953" type="General" weightage="20" keywordseo="violence" source="keywords">violence</keyword> and hatred. His remarks drew protests from the Treasury benches. The Bharatiya Janata Party - led by Prime Minister Narendra Modi and Union Ministers Amit Shah and Rajnath Singh among others stood up to express their protest and rebut the <keyword id="19895371" type="General" weightage="20" keywordseo="Congress" source="keywords" meta.keywordsubtype="org" meta.entityname="Congress" meta.hostid="261" meta.entityid="Congress">Congress</keyword> MP's remarks. The BJP leaders accused the Congress MP "of speaking lies, misleading the House and terming the entire <keyword id="20157361" type="General" weightage="20" keywordseo="Hindu-community" source="keywords">Hindu community</keyword> violent". The Congress hit back with counter-allegations against the Modi government. Rahul Gandhi invoked Lord Shiva, Prophet Mohammad, Guru Nanak, Jesus Christ, Lord Budha and Lord Mahavir, saying that he had taken the idea of fearlessness from their teachings. <keyword id="19899320" type="General" weightage="20" keywordseo="PM-Modi" source="keywords">PM Modi</keyword> slammed Rahul Gandhi during his speech. "Calling the entire Hindu community violent is a very serious matter," the Prime Minister said. Home Minister Amit Shah demanded an apology from Rahul Gandhi. While the BJP held a press conference later to denounce Rahul Gandhi's remarks, Congress also held an evening press conference to slam the ruling party at the Centre. Among the portions of Rahul Gandhi's Lok Sabha speech that got expunged were his accusations against the BJP, stating that the party was treating minorities unfairly and perpetrating violence. Portions of the Congress MP's remarks on industrialists Adand Ambani and on the Agniveer Scheme were also expunged. Dismissing Rahul Gandhi's claims on violence against minorities, Dilip Mandal a prominent Dalit voice, claimed that the last decade was the "most peaceful time for India since independence" as he compared the governance under the Congress party. "During his address, Rahul Gandhi made an objectionable statement that a lot of atrocities are happening against Muslims and Christians in India. I believe that the numbers don't suggest this. The last 10 years have been the most peaceful time for India after independence if you see the numbers," Dilip Mandal told ANI. "During the Congress regime, so many riots used to happen, if you compare that in the last 10 years, only two major communal riot incidents have happened, Delhi and Manipur. So the scale has reduced...riots don't last long now," he said. Mandal alleged Gandhi's remarks as an attempt "to scare investors" and added that the Congress party is "again trying to appease" Muslims. "This is an attempt to scare the investors and it will affect India. Congress is again trying to appease Muslims. He is thinking of getting the Muslim votes, especially the Muslim votes of Bihar and UP, from SP and RJD," Mandal said.

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