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Urban middle class ‘shrinking’, when will PM recognise this reality: Congress

New Delhi, Nov 27 (PTI) The Congress on Wednesday flagged major economic challenges that have affected consumption patterns and pointed to a “shrinking” urban middle class, asking when will Prime Minister Narendra Modi recognise this reality. Congress general secretary in-charge communications Jairam Ramesh said that in the last few weeks, multiple leading lights from India Inc have flagged the tremendous slowdown in household private consumption, even in the previously red-hot FMCG sector. “Now, a new report by the well-regarded Marcellus Investment Managers reveals three major economic challenges that have affected consumption patterns,” he said. Flagging the issue of deteriorating household

Supreme Court rejects plea for reverting to ballots in elections

New Delhi, Nov 26 (PTI) The Supreme Court on Tuesday dismissed a petition seeking to revert to ballot paper voting in elections in the country. “What happens is, when you win the election, EVMs (electronic voting machine) are not tampered. When you lose the election, EVMs are tampered (with),” remarked a bench of Justices Vikram Nath and P B Varale. Apart from ballot paper voting, the plea sought several directions including a directive to the Election Commission to disqualify candidates for a minimum of five years if found guilty of distributing money, liquor or other material inducement to the voters

People should not presume that judiciary will perform Opposition’s role: Former Chief Justice Chandrachud

New Delhi [India], November 26 (ANI): Reacting to a recent remark by Lok Sabha Leader of Opposition Rahul Gandhi that the Opposition has taken it upon themselves to “do the task of the judiciary,” the former Chief Justice of India, DY Chandrachud said that the judiciary is here to “scrutinise laws” and people should not presume that it will fulfil the role of opposition in Parliament or the state legislatures. In an exclusive interview with ANI, the former CJI noted that there is separate space in a democracy for the political opposition. “Well, I don’t want to join issue with

Adani Green Energy says no talks on new financial commitment with TotalEnergies

Nov 26 (Reuters) – Adani Green Energy said on Tuesday there is no new financial commitment under discussion with TotalEnergies, a day after the French oil major said it was pausing new investments into the Adani Group over U.S. bribery charges. TotalEnergies’ move was the first major fallout after U.S. authorities last week charged Adani’s billionaire chairman, Gautam Adani, and seven other people, with agreeing to pay around $265 million in bribes to Indian government officials. The Adani Group has said the accusations as well as those levelled by the U.S. Securities and Exchange Commission in a parallel civil case

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