Saturday, April 12
The 7th Delhi Assembly convened for just 74 days over its five-year term, the lowest number compared to all previous assemblies, according to a report by the think tank PRS Legislative Research. The report states that the assembly sessions were called every year and divided into several parts. Within each year, sessions were adjourned without prorogation and were divided into parts. This resulted in the House meeting for only one or two days on several occasions, the report said. While the Lieutenant Governor summons and prorogues sessions, it is the Speaker who calls for sittings during a session, the report added. The first session of the 7th Delhi Assembly began on February 20, 2020, and was prorogued on March 3, 2021, after being held in five parts. The second session commenced on
The Indian Navy is participating in a mega wargame along with naval forces from eight nations including the US and France against the backdrop of increasingly fractious geopolitical environment and China's military muscle-flexing in the Indo-Pacific. The naval exercise 'La Perouse' is underway in the straits between the Indian Ocean and the Pacific Ocean as well as Malacca, Sunda and Lombok. These straits are largely considered as very crucial for global maritime trade. The nine-day exercise that began on January 16 aims to enhance cooperation among the participating nations in areas of maritime surveillance, interdiction operations, air operations and information sharing. French Carrier Strike Group (CSG), led by nuclear-powered aircraft carrier Charles De Gaulle, is the mainstay of the m
Angel One and Havells India among several companies are set to attract investor attention in the coming week as their record dates for various corporate actions approach. These actions include dividends, stock splits, and bonus share issuances.The record date is the critical cutoff for determining shareholder eligibility for corporate benefits such as dividends, stock splits, and bonus shares. Investors must ensure their shares are reflected in their demat accounts on or before this date to qualify.Due to the T+1 settlement cycle, shareholders must purchase stock at least one day before the ex-date to be eligible for dividends, bonus shares, or stock splits. Purchasing shares on the ex-date will disqualify investors from receiving these benefits.With the current settlement framework, the r
The Indian mobility industry is charting its unique course and is poised to double and cross USD 600 billion by the end of the decade - by 2030, according to a joint report released by Google and Boston Consulting Group (BCG) at the ongoing six-day Bharat Mobility Auto Expo.The report, titled Think Mobility Report, revealed that growth in the mobility sector will be driven by both traditional and emerging revenue pools, marking a departure from global trends.As electric vehicles (EVs) gain momentum, one in three consumers is considering them for their next purchase, with distinct preferences emerging between electric four-wheelers (E4W) and electric two-wheelers (E2W). Electric four-wheeler buyers prioritize sophistication, advanced technology, and exclusivity. In contrast, electric two-wh
