Politics

Tejasvi Surya, BJP MP from Bengaluru South. (PTI)
Karnataka chief minister H.D.Kumaraswamy (right) with deputy CM G.Parameshwara. (HT)
Karnataka chief minister H.D.Kumaraswamy (right) with deputy CM G.Parameshwara. (HT)

Karnataka: JD(S)-Congress to continue coalition government

  • Deputy CM Parameshwara says the JD(S)-Congress will continue its term in office as the election mandate was for the Lok Sabha and not for the state
  • An informal cabinet meet was convened by CM Kumaraswamy to discuss the next course of action for the state government

 (AFP file)
Supporters of Indian Prime Minister Narendra Modi and his ruling Bharatiya Janata Party (BJP) celebrate the election results outside the BJP headquarters in Mumbai. (Photo by PUNIT PARANJPE / AFP)
Supporters of Indian Prime Minister Narendra Modi and his ruling Bharatiya Janata Party (BJP) celebrate the election results outside the BJP headquarters in Mumbai. (Photo by PUNIT PARANJPE / AFP)

Credit view on India hinges on policies of new govt: Moody's

  • Moody's expects the broad push towards fiscal consolidation to remain
  • As per the trend, BJP-led NDA will form the government at the Centre for the second successive term with absolute majority

TDP’s Chandrababu Naidu with JD(S) chief H.D. Deve Gowda. (PTI)
Karnataka CM H.D. Kumaraswamy (right) with deputy CM and Congress leader G.Parameshwara. (AP)
Karnataka CM H.D. Kumaraswamy (right) with deputy CM and Congress leader G.Parameshwara. (AP)

Karnataka coalition government survives a turbulent year

  • CM Kumaraswamy says that despite the ‘hindrances’ and ‘artificial calamities’ created by the BJP, the coalition has succeeded
  • The coalition has been defined by the bitterness between the two parties rather than their goal to take on BJP

Bishkek: External Affairs Minister Sushma Swaraj (L) attends the meeting of Shanghai Cooperation Organisation (SCO) Council of Foreign Ministers, in Bishkek, Kyrgyzstan, Wednesday, May 22, 2019. (Twitter/PTI Photo)
Bishkek: External Affairs Minister Sushma Swaraj (L) attends the meeting of Shanghai Cooperation Organisation (SCO) Council of Foreign Ministers, in Bishkek, Kyrgyzstan, Wednesday, May 22, 2019. (Twitter/PTI Photo)

Swaraj, Qureshi exchange pleasantries on sidelines of SCO meeting

  • This comes amid a serious strain in ties following a major uptick in tensions in recent months
  • The two merely 'exchanged pleasantries' with nothing substantial discussed

In an interview to PTI, Kumar said Niti Aayog would submit an action plan to the new government.
In an interview to PTI, Kumar said Niti Aayog would submit an action plan to the new government.

'Niti's economic agenda for new govt likely to focus on boosting pvt invest'

  • Lok Sabha election results would be announced on Thursday and the new government would be in place in the coming weeks
  • For the current fiscal ending March 2020, Kumar expects Indian economy to record a growth of around 7%

External Affairs Minister Sushma Swaraj delivers her statement at Shanghai Cooperation Organisation (SCO) Council of Foreign Ministers in Bishkek, Kyrgyzstan. (PTI Photo)
External Affairs Minister Sushma Swaraj delivers her statement at Shanghai Cooperation Organisation (SCO) Council of Foreign Ministers in Bishkek, Kyrgyzstan. (PTI Photo)

Swaraj meets Chinese counterpart, discusses issues of bilateral interest

  • Swaraj arrived here on Tuesday to attend the Shanghai Cooperation Organisation Council (SCO) of Foreign Ministers in the Kyrgyz capital
  • After the Wuhan summit, both the countries stepped up efforts to improve relations on different spheres

Suppliers will have to file a detailed return in form GST RET-1.. Photo: Indranil Bhoumik/Mint
Suppliers will have to file a detailed return in form GST RET-1.. Photo: Indranil Bhoumik/Mint

GSTN releases prototype of a new simplified return filing system

  • It will allow users to use functionality such as drop down menus, invoice upload, upload of purchase register
  • Businesses which make supplies to only consumers (B2C) have to file return form 'Sahaj'

Former TMC leader Arjun Singh is greeted by BJP senior leader Kailash Vijayvargiya after he joined Bharatiya Janata Party, in New Delhi. (Photo: PTI)
Former TMC leader Arjun Singh is greeted by BJP senior leader Kailash Vijayvargiya after he joined Bharatiya Janata Party, in New Delhi. (Photo: PTI)

SC grants BJP Barrackpore candidate Arjun Singh protection from arrest

  • Senior Advocate Ranjit Kumar appearing for Singh cited the strike by lawyers in West Bengal as reason for approaching the apex court
  • Supreme Court clarified that the state police shall not arrest Singh until 28 May

Photo: Hemant Mishra/Mint
The SC also stayed a order that restrained the centre from taking action against AgustaWestland VVIP chopper scam-accused Gautam Khaitan, who was booked under the black money Act.
The SC also stayed a order that restrained the centre from taking action against AgustaWestland VVIP chopper scam-accused Gautam Khaitan, who was booked under the black money Act.

SC stays Delhi HC order on black money law

  • The apex court vacation bench issued a notice to Gautam Khaitan, asking him to reply within six weeks
  • The high court had on 16 May restrained the centre and the income tax (I-T) department from taking any action against Gautam Khaitan

In September, an analysis of some sewage and stool samples showed traces of polio strain 2, a variant believed long gone. ht
In September, an analysis of some sewage and stool samples showed traces of polio strain 2, a variant believed long gone. ht

Bio-Med directors in the dock over supply of tainted drugs

  • Zonal drug regulator files complaint against company’s senior staff in Ghaziabad court
  • The complaint is against Bio-Med’s five directors, its lab in-charge and the company itself

World gross product growth is now expected to moderate from 3.0 per cent in 2018 to 2.7 per cent in 2019. Photo: Mint
World gross product growth is now expected to moderate from 3.0 per cent in 2018 to 2.7 per cent in 2019. Photo: Mint

India projected to grow at 7.1% in FY20: UN report

  • The WESP 2019 Mid-year Update said that the Indian economy expanded by 7.2% in 2018
  • The estimates for India, however, reflect a downward revision from the projections made in the WESP 2019 report

An average of 68 per cent working professional across the country have got at least one positive career advancement. Photo: Bloomberg
An average of 68 per cent working professional across the country have got at least one positive career advancement. Photo: Bloomberg

68% Indians feel job market has improved in last 5 years: Survey

  • Nearly 70% of the respondents opined that they will have better career opportunities in the near term
  • For 66 per cent of male workers and 60% women workers, the start-up ecosystem in the country has remarkably evolved

The accelerated reform scenario assumes the new government would have a sufficient majority to introduce important legislative reforms. Photo: Mint
The accelerated reform scenario assumes the new government would have a sufficient majority to introduce important legislative reforms. Photo: Mint

Next government to focus on land, labour reforms, export promotion: Report

  • Most exit polls have predicted a sweeping victory for the BJP-led National Democratic Alliance
  • The priority is likely to be on reforms on land, labour, privatisation and export promotion, Goldman Sachs said in its report

Around 47 per cent millennials and 38 per cent Gen Z have positive outlook for an improved social or political outlook. Photo: iStock (iStockphoto)
Around 47 per cent millennials and 38 per cent Gen Z have positive outlook for an improved social or political outlook. Photo: iStock (iStockphoto)

59% Indian millennials optimistic about economic recovery: Deloitte report

  • Around 57 per cent of Generation Z (Gen Z) expect improvement in the economic situation
  • The report noted that this optimism among young Indians is contrary to the gloomy outlook among their global counterparts.

The EPFO said the data is provisional as updation of employee records is a continuous process. Photo: AP
The EPFO said the data is provisional as updation of employee records is a continuous process. Photo: AP

Job creation up at 8.14 lakh in March: EPFO payroll data

  • Around 67.59 lakh jobs were generated in the entire 2018-19 fiscal
  • During March 2019, the highest number of 2.25 lakh jobs were created in the 22-25 years age group