The Shiv Sena, on November 13, said that the Bharatiya Janata Party (BJP) was deriving "sadistic pleasure" out of the struggle of other political parties to form government in Maharashtra.Without taking names, the Sena, in an editorial in party mouthpiece 'Saamana', said those talking about ethics in politics are currently the "most disruptive".President's Rule was imposed in Maharashtra on November 12 after Governor Bhagat Singh Koshyari sent a report to the Centre, stating that formation of a stable government was impossible in the current situation despite all his efforts.Close The development came as the political stalemate continued since the declaration of Assembly poll results last month, with the Congress and NCP saying they had not yet taken any decision on Shiv Sena's proposal of forming a government and will hold further discussions. related news Supreme Court to deliver its verdict on pleas seeking Sabarimala judgment review tomorrow 'Vodafone India to head for … [Read more...] about Maharashtra government formation: BJP deriving ‘sadistic pleasure’ out of deadlock, says Shiv Sena
There is a big divergence between how the stock market is and the economy is faring. One seems to be hitting all-time highs while the other is hitting lower levels with each passing month.In this ease, growth slowdown has deepened as IIP performance for the second consecutive month points to a deep slump in economic activity. Industrial production data contracted for the second month in a row to 4.3 percent in September, its lowest level in almost 8 years.In terms of markets – the S&P BSE Sensex, which has risen over 11 percent so far in the year 2019, hit a fresh record high of 40,749 on November 8, while the Nifty50 also reclaimed 12,000 levels in the week gone by.Close Equity markets are inching towards record high, but the economy seems to be struggling, which puts investors’ in doubt about investing at record highs. We spoke to experts to help us understand the dichotomy and if investors did the right thing investing in markets at record highs. related … [Read more...] about Economic data disappoints: Did you make a mistake in investing when Nifty50 hit 12K?
The Indian stock market is currently in a consolidation phase after hitting record highs on the Sensex. Some correction was seen after Moody's India outlook downgrade, but buying at lower levels on the hopes of recovery provided support.The 12 percent rally since September 20 after the corporate tax rate cut was largely broadbased as nearly 70 percent on the Nifty50 stocks rallied 6-38 percent. The broader market also followed suit, with the BSE Midcap index adding over 11 percent in the same period.As a result, many of these aforementioned stocks are now trading at premium valuations.Close Hence, experts expect some correction in the near to short-term, adding that sharp correction is unlikely unless global headwinds spoil the party. They further added that the long-term perspective of the market still remains positive. related news Brokerages bullish on Hindalco, expect 22-30% return after Q2 Chart of the Day | Survey shows global fund managers are … [Read more...] about Time to buy mid & smallcaps? Brokerages initiate buy calls on 10 stocks in November
There's some good news for Salman Khan and it is not about his latest offering Tiger Zinda Hai that is hitting the theatres on Friday. This one is about the Forbes India list, ranking celebrities on estimates of entertainment-related earnings of celebrities. The actor has topped the 2017 chart with Rs 232.83 crore revenue earnings.This is the second time Salman has outdid other celebrities. In 2016, Khan had minted Rs 270.33 crore after his film Sultan saw a successful run at the box office. Another film that contributed to his last year’s earnings was the Sooraj Barjatya-directed Prem Ratan Dhan Payo in late 2015.Forbes India Celebrity 100 List - Check Out The Detailed List HereClose Coming in a distant second is Shah Rukh Khan with income of Rs 170.5 crore and SRK too has retained his spot at rank 2. The actor had two offerings this year—Raaes and Jab Harry Met Sejal. Both the films couldn’t stand up to the success of his previous films like Happy New Year and … [Read more...] about Salman Khan does it again, retains top rank in Forbes India Celebrity 100 list; SRK distant second
When Forbes India Celebrity 100 list was released a few days ago, one couldn't have been blamed for wondering how Shah Rukh Khan managed to end the year ranked second on it. Of course, there is no doubt that he is still a huge name in India, given that he still endorses a lot of prominent brands and his business ventures have also been making him money. But to have finished so high on a list full of fierce competitors, his films would have had to play a part in it.But what many might not know is that when it comes to the performance of Indian films overseas, Shah Rukh Khan is still the most recognised and sought-after face. Take the case of his two releases this past year -- Raees and Jab Harry met Sejal. The Rahul Dholakia-directed Raees, which was made with a budget of Rs 127 crore, only managed Rs 176 crore from the domestic market but made another Rs 91 crore overseas, taking its total collections to a respectable Rs 272 crore. In the case of Jab Harry met Sejal, the movie made Rs … [Read more...] about SRK’s films in 2017 may have flopped in India, but here’s why he is still the Baadshah overseas