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market-snapshot_fl__HZYjl">407.75</span><span class="fr market-snapshot_fr__3PwOX">-1.65<!-- -->%<!-- --></span></li><li><span>-6.85</span></li></ul></div><div class="market-snapshot_snapshotData__6_4_Z hideTab"><ul class="market-snapshot_up__Tt0UI"><li><a href="https://www.livemint.com/market/market-stats/stocks-indus-towers-share-price-nse-bse-s0003031" class="market-snapshot_compImg__E0G1j"><div class="lazy-loaded"></div></a><a href="https://www.livemint.com/market/market-stats/stocks-indus-towers-share-price-nse-bse-s0003031">Indus Towers</a></li><li class="clearfix"><span class="fl market-snapshot_fl__HZYjl">291.15</span><span class="fr market-snapshot_fr__3PwOX">2.83<!-- -->%<!-- --></span></li><li><span>8</span></li></ul><ul class="market-snapshot_up__Tt0UI"><li><a href="https://www.livemint.com/market/market-stats/stocks-larsen-toubro-share-price-nse-bse-s0003025" class="market-snapshot_compImg__E0G1j"><div class="lazy-loaded"></div></a><a href="https://www.livemint.com/market/market-stats/stocks-larsen-toubro-share-price-nse-bse-s0003025">Larsen &amp; Toubro</a></li><li class="clearfix"><span class="fl market-snapshot_fl__HZYjl">3,774.10</span><span class="fr market-snapshot_fr__3PwOX">1.83<!-- -->%<!-- --></span></li><li><span>68</span></li></ul><ul class="market-snapshot_up__Tt0UI"><li><a href="https://www.livemint.com/market/market-stats/stocks-adani-ports-special-economic-zone-share-price-nse-bse-s0003086" class="market-snapshot_compImg__E0G1j"><div class="lazy-loaded"></div></a><a href="https://www.livemint.com/market/market-stats/stocks-adani-ports-special-economic-zone-share-price-nse-bse-s0003086">Adani Ports &amp; Special Economic Zone</a></li><li class="clearfix"><span class="fl market-snapshot_fl__HZYjl">1,341.70</span><span class="fr market-snapshot_fr__3PwOX">1.34<!-- -->%<!-- --></span></li><li><span>17.75</span></li></ul></div></div><div class="widgetbtnbtm"><a 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The court extended AAP convener's ED custody till April 1. Delhi CM's wife Sunita Kejriwal has alleged that he is being ‘harassed a lot’ and he is not keeping well","mobileHeadline":"Arvind Kejriwal news LIVE: Court extends ED custody of Delhi CM till April 1","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/03/28/600x338/Arvind_Kejrieal_arrest_live_updates_1711629512061_1711629512482.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/03/28/140x140/Arvind_Kejrieal_arrest_live_updates_1711629512061_1711629512482.jpg","caption":"Arvind Kejriwal news LIVE updates: Delhi Chief Minister Arvind Kejriwal appeared before the Rouse Avenue Court in the excise policy-linked money laundering case. 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(Image: Pixabay)\n","webStoryImage":null,"url":"/market/mark-to-market/price-woes-may-deepen-for-steelmakers-11711617734706.html","authors":["Vineetha Sampath"],"agency":"","tags":[],"keywords":["steelmakers","global markets","steel prices","Nifty metal","NMDC","steel industry","jindal steel","lme","elections","coking coal","iron ore price","Chinese economy"],"section":"Markets","subSection":"Mark To Market","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":"","subSectionL2":"","premiumStory":true,"elementCount":5},{"id":11711611550735,"title":"The curious case of UAE-based funds in India’s small-cap bubble","articleType":"story","firstPublishedDate":"2024-03-28T08:06:54+0000","lastPublishedDate":"2024-03-28T08:06:54+0000","expiryDate":null,"type":"story","timeToRead":13,"headline":"The curious case of UAE-based funds in India’s small-cap bubble","summary":"Obscure offshore funds may have played a role in running up the share price of certain small-cap companies in India. Several of these funds have links with Hari Tibrewala, the Dubai-based ‘hawala operator’ said to be behind the Mahadev Online betting app scandal","mobileHeadline":"The curious case of UAE-based funds in India’s small-cap bubble","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/03/28/600x338/UAE-TRANSPORT-AVIATION-URBANISM-6_1708666434073_1711612988839.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/03/28/140x140/UAE-TRANSPORT-AVIATION-URBANISM-6_1708666434073_1711612988839.jpg","caption":"The Enforcement Directorate is investigating several companies with links to the United Arab Emirates. (AFP)","webStoryImage":null,"url":"/special-report/the-curious-case-of-uae-based-funds-in-india-s-small-cap-bubble-11711611550735.html","authors":["Varun Sood"],"agency":"","tags":[],"keywords":["Surendra Bagri","Ajay Halwasiya","Hari Tibrewala","small-cap stocks","Mahadev Online betting app scandal","Dubai"],"section":"special report","subSection":"","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":"","subSectionL2":"","premiumStory":true,"elementCount":6},{"id":11711538072404,"title":"Mint Explainer: The return of La Nina and its impact on Indian monsoon and agriculture","articleType":"story","firstPublishedDate":"2024-03-28T02:30:04+0000","lastPublishedDate":"2024-03-28T02:30:04+0000","expiryDate":null,"type":"story","timeToRead":3,"headline":"Mint Explainer: The return of La Nina and its impact on Indian monsoon and agriculture","summary":"\u003cul\u003e\u003cli\u003eLa Nina's return is poised to boost India's monsoon rains, offering a much-needed respite for its agriculture\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Mint Explainer: Return of La Nina and its impact on Indian monsoon, agriculture","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/03/27/600x338/g1375c1a243117e31a89828cc6c509f7a2d688461ea97c584e6ec6dc37111406248e1f9b5f61e2ce8c773102809258c83d0a7543a780aae66fb7c4c962089ac54_1280_1711543653866_1711543665081.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/03/27/140x140/g1375c1a243117e31a89828cc6c509f7a2d688461ea97c584e6ec6dc37111406248e1f9b5f61e2ce8c773102809258c83d0a7543a780aae66fb7c4c962089ac54_1280_1711543653866_1711543665081.jpg","caption":"Rains in the June-September monsoon season drives the bulk of India's $3 trillion economy. (Image: Pixabay)","webStoryImage":null,"url":"/industry/agriculture/mint-explainer-the-return-of-la-nina-and-its-impact-on-indian-monsoon-and-agriculture-11711538072404.html","authors":["Puja Das"],"agency":"","tags":[],"keywords":["agriculture","monsoon","La Nina","El Nino","inflation","Indian farmers"],"section":"Industry","subSection":"Agriculture","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":"","subSectionL2":"","premiumStory":true,"elementCount":1},{"id":11711611624743,"title":"Deepak Nitrite seeks right formula to revive investor interest","articleType":"story","firstPublishedDate":"2024-03-28T08:45:29+0000","lastPublishedDate":"2024-03-28T08:49:21+0000","expiryDate":null,"type":"story","timeToRead":2,"headline":"Deepak Nitrite seeks right formula to revive investor interest","summary":"\u003cul\u003e\u003cli\u003eThe heavy outlay towards its expansion plans will mean there will be a spike in Deepak Nitrite's debt burden in the near future after becoming virtually debt-free in FY23\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Deepak Nitrite seeks right formula to revive investor interest","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/03/28/600x338/g10cc2f350d9e5e1e1533ffc8fda18e49c4622e95044e94e8c97fd22b0e9d82802edbe914ea526835128cd80c01408e83b202f9a9f200e2c4867ce181a5d413a8_1280_1711615147732_1711615161407.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/03/28/140x140/g10cc2f350d9e5e1e1533ffc8fda18e49c4622e95044e94e8c97fd22b0e9d82802edbe914ea526835128cd80c01408e83b202f9a9f200e2c4867ce181a5d413a8_1280_1711615147732_1711615161407.jpg","caption":"Investors had started showing interest in specialty chemical stocks such as Deepak Nitrite post the covid-19 lockdown in China. (Image: Pixabay)","webStoryImage":null,"url":"/market/mark-to-market/deepak-nitrite-seeking-the-best-formula-to-revive-investor-interest-11711611624743.html","authors":["Manish Joshi"],"agency":"","tags":[],"keywords":["Deepak Nitrite","specialty chemical","Deepak Nitrite stock","china imports","crude oil","backward integration"],"section":"Markets","subSection":"Mark To Market","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":["/market/mark-to-market/deepak-nitrite-needs-the-right-formula-to-revive-investor-interest-11711611624743.html"],"externalUrl":"","subSectionL2":"","premiumStory":true,"elementCount":4},{"id":11711537424590,"title":"In race with Thar, Jimny now faces an uphill task","articleType":"story","firstPublishedDate":"2024-03-27T14:06:00+0000","lastPublishedDate":"2024-03-27T14:06:00+0000","expiryDate":null,"type":"story","timeToRead":9,"headline":"In race with Thar, Jimny now faces an uphill task","summary":"\u003cul\u003e\u003cli\u003eJimny, Maruti Suzuki’s off-roading vehicle, has bombed. Since its launch in India nearly nine months ago, less than 17,000 units have been sold. In the first two months of 2024, Jimny sold less than 500 units. What went wrong and can Maruti fix the wreck?\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"In race with Thar, Jimny now faces an uphill task","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/03/27/600x338/Long_Jimny_BG-web_1711537524030_1711537578603.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/03/27/140x140/Long_Jimny_BG-web_1711537524030_1711537578603.jpg","caption":"File photo of Maruti Suzuki’s Jimny. ","webStoryImage":"https://www.livemint.com/lm-img/img/2024/03/27/270x480/Long_Jimny_BG-web_1711537524030_1711537578603.jpg","url":"/auto-news/in-race-with-thar-jimny-now-faces-an-uphill-task-11711537424590.html","authors":["Sumant Banerji"],"agency":"","tags":[],"keywords":["thar","maruti","maruti suzuki jimny vs mahindra thar","SUV","Scorpio","mahindra","Maruti Gypsy","auto market","Nexa dealerships"],"section":"Auto News","subSection":"","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":"","subSectionL2":"","premiumStory":true,"elementCount":21},{"id":11711552690859,"title":"A shrunken world of schools will impact India’s future leadership","articleType":"story","firstPublishedDate":"2024-03-28T02:30:04+0000","lastPublishedDate":"2024-03-28T02:30:04+0000","expiryDate":null,"type":"story","timeToRead":4,"headline":"A shrunken world of schools will impact India’s future leadership","summary":"\u003cul\u003e\u003cli\u003eWhile the number of schools and their resources have expanded, the physical and social world around them has shrunk. The exposure afforded even by elite schooling in India must widen to inspire optimism on outcomes.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"A shrunken world of schools will impact India’s future leadership","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/03/27/600x338/2-0-1128123066-students6-0_1679701571923_1711558907343.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/03/27/140x140/2-0-1128123066-students6-0_1679701571923_1711558907343.jpg","caption":"While the number of elite schools and their resources have expanded, too many of these schools have shrunk. ","webStoryImage":null,"url":"/opinion/online-views/a-shrunken-world-of-schools-will-impact-india-s-future-leadership-11711552690859.html","authors":["Anurag Behar"],"agency":"","tags":[],"keywords":["social world","physical world","schools","education","leaders","thinking"],"section":"Opinion","subSection":"Views","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":"","subSectionL2":"","premiumStory":true,"elementCount":1},{"id":11711542681237,"title":"When shareholder voting is on, many directors pull their candidature","articleType":"story","firstPublishedDate":"2024-03-27T16:33:32+0000","lastPublishedDate":"2024-03-27T16:33:32+0000","expiryDate":null,"type":"story","timeToRead":4,"headline":"When shareholder voting is on, many directors pull their candidature","summary":"\u003cul\u003e\u003cli\u003eMost of these opt-outs have happened at firms plagued with governance issues\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"When shareholder voting is on, many directors pull their candidature","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/03/27/600x338/g46a42b4e605737eb17987caa96bb13c52c632e770975db480_1711556647864_1711556648051.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/03/27/140x140/g46a42b4e605737eb17987caa96bb13c52c632e770975db480_1711556647864_1711556648051.jpg","caption":"Board directors are bowing out before they get voted in.","webStoryImage":null,"url":"/industry/when-shareholder-voting-is-on-many-directors-pull-their-candidature-11711542681237.html","authors":["Varun Sood"],"agency":"","tags":[],"keywords":["board of director","governanc","director","governance issues"],"section":"Industry","subSection":"","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":"","subSectionL2":"","premiumStory":true,"elementCount":1},{"id":11711544318633,"title":"Why liquid schemes of P2P lenders are set to hibernate","articleType":"story","firstPublishedDate":"2024-03-27T13:04:26+0000","lastPublishedDate":"2024-03-27T13:04:26+0000","expiryDate":null,"type":"story","timeToRead":5,"headline":"Why liquid schemes of P2P lenders are set to hibernate","summary":"\u003cul\u003e\u003cli\u003eDecision to temporarily freeze these schemes comes in the wake of increased scrutiny by RBI.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Why liquid schemes of P2P lenders are set to hibernate","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/03/27/600x338/abc_1711544534663_1711544534911.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/03/27/140x140/abc_1711544534663_1711544534911.jpg","caption":"The  newly formed P2P Association is responsible for nurturing the peer lending industry, on the lines of Amfi.","webStoryImage":null,"url":"/money/personal-finance/why-liquid-schemes-of-p2p-lenders-are-set-to-hibernate-11711544318633.html","authors":["Sashind Ningthoukhongjam"],"agency":"","tags":[],"keywords":["P2P lenders","liquid schemes","RBI","P2P Association","Amfi","P2P financial products","P2P firm","P2P"],"section":"Money","subSection":"Personal Finance","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":"","subSectionL2":"","premiumStory":true,"elementCount":5},{"id":11711542823331,"title":"AI-augmented web search is at our fingertips already","articleType":"story","firstPublishedDate":"2024-03-27T17:08:18+0000","lastPublishedDate":"2024-03-27T17:08:18+0000","expiryDate":null,"type":"story","timeToRead":4,"headline":"AI-augmented web search is at our fingertips already","summary":"\u003cul\u003e\u003cli\u003eDon’t just search, but seek. Despite the apparent lead taken by some AI search tools, this is a race that’s still wide open.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"AI-augmented web search is at our fingertips already","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/03/27/600x338/MICROSOFT-EVENT-72_1676121693879_1676121693879_1711558491099.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/03/27/140x140/MICROSOFT-EVENT-72_1676121693879_1676121693879_1711558491099.jpg","caption":"While users will have to retrain themselves to query AI-augmented search engines, this is a simple task in a natural language.","webStoryImage":null,"url":"/opinion/online-views/aiaugmented-web-search-is-at-our-fingertips-already-11711542823331.html","authors":["Narayan Ramachandran"],"agency":"","tags":[],"keywords":["LLMs","AI search","microsoft","chat gpt","google","perplexity","AI prompt","training da"],"section":"Opinion","subSection":"Views","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":"","subSectionL2":"","premiumStory":true,"elementCount":1},{"id":11711536763488,"title":"The ice cream business is becoming less seasonal and more lucrative","articleType":"story","firstPublishedDate":"2024-03-27T11:37:00+0000","lastPublishedDate":"2024-03-27T11:37:00+0000","expiryDate":null,"type":"story","timeToRead":3,"headline":"The ice cream business is becoming less seasonal and more lucrative","summary":"\u003cul\u003e\u003cli\u003eHigher discretionary incomes and the advent of quick commerce platforms have made the business more season-agnostic and improved the variety of products on offer.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"The ice cream business is becoming less seasonal and more lucrative","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/03/27/600x338/3-0-5877806-iStock-685816670-0_1679807259254_1711539241671.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/03/27/140x140/3-0-5877806-iStock-685816670-0_1679807259254_1711539241671.jpg","caption":"Swiggy Instamart, Zepto and Zomato's Blinkit all have their own cold-storage units for last-mile delivery, so new ice cream brands can reduce costs in these areas and use their infrastructure to reach a wider customer base","webStoryImage":null,"url":"/industry/the-ice-cream-business-is-becoming-less-seasonal-and-more-lucrative-11711536763488.html","authors":["Priyamvada C"],"agency":"","tags":[],"keywords":["ice cream sector","ice cream industry","ice cream business","ice cream companies","nic","grameen kulfi","vadilal","kwality","dairy day","quick commerce","quick commerce platform","swiggy instamart","blinkit","discretionary goods","discretionary spending","zepto"],"section":"Industry","subSection":"","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":"","subSectionL2":"","premiumStory":true,"elementCount":1},{"id":11711552638245,"title":"Piketty’s wealth tax is an idea that just can’t work","articleType":"story","firstPublishedDate":"2024-03-28T02:30:05+0000","lastPublishedDate":"2024-03-28T02:30:05+0000","expiryDate":null,"type":"story","timeToRead":3,"headline":"Piketty’s wealth tax is an idea that just can’t work","summary":"\u003cul\u003e\u003cli\u003eHurun’s global list of billionaires and a study on Indian inequality have revived interest in Piketty’s proposal of a wealth tax. 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The country remains on top in Mint’s emerging markets tracker.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Indian economy keeps its shine, with some red flags","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/03/27/600x338/g46e0bfb0db088585a68aabd16d21b8625e99d151733ac093fd23ec35ffc08fb052fa6967335672424cbd4e0e7fda06d75614e6c4fb42e5d9a537ab728dc6e9ec_1280_1709185663405_1711526782945.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/03/27/140x140/g46e0bfb0db088585a68aabd16d21b8625e99d151733ac093fd23ec35ffc08fb052fa6967335672424cbd4e0e7fda06d75614e6c4fb42e5d9a537ab728dc6e9ec_1280_1709185663405_1711526782945.jpg","caption":"As things stand, India remains the world’s fastest-growing major economy. (Image: Pixabay)","webStoryImage":null,"url":"/economy/indian-economy-keeps-its-shine-with-some-red-flags-11711523916036.html","authors":["Payal Bhattacharya"],"agency":"","tags":[],"keywords":["Indian economy","Mint EM tracker","emerging markets","GDP","rupee","Indian stock markets","Lok Sabha elections","merchandise trade","inflation"],"section":"Economy","subSection":"","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":"","subSectionL2":"","premiumStory":true,"elementCount":13},{"id":11711522098099,"title":"Top 3 VFX stocks to add to your watchlist","articleType":"story","firstPublishedDate":"2024-03-27T06:58:47+0000","lastPublishedDate":"2024-03-28T10:09:04+0000","expiryDate":null,"type":"story","timeToRead":4,"headline":"Top 3 VFX stocks to add to your watchlist","summary":"\u003cul\u003e\u003cli\u003eAfter the IT revolution, India is poised to become the epicentre of another global shift, this time redefining the art of visual storytelling through the power of VFX.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Top 3 VFX stocks to add to your watchlist","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/03/27/600x338/spider_man_1642985526908_1711522366230.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/03/27/140x140/spider_man_1642985526908_1711522366230.jpg","caption":"Zendaya and Tom Holland in Columbia Pictures’s Spider-Man: No Way Home. Image: AP","webStoryImage":null,"url":"/market/stock-market-news/top-3-vfx-stocks-to-add-to-your-watchlist-11711522098099.html","authors":["Equitymaster"],"agency":"","tags":[],"keywords":["equitymaster","vfx stocks","vfx companies","visual effects","Basilic Fly Studio","Phantom Digital","Digikore Studios","hollywood movies","tv series","disney","netflix","apple","paramount","warner bros","lionsgate"],"section":"Markets","subSection":"Stock Markets","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":"","subSectionL2":"","premiumStory":true,"elementCount":1},{"id":11711448315527,"title":"Vedanta’s wriggle room narrows as creditors fret over demerger","articleType":"story","firstPublishedDate":"2024-03-27T03:30:01+0000","lastPublishedDate":"2024-03-27T03:30:01+0000","expiryDate":null,"type":"story","timeToRead":3,"headline":"Vedanta’s wriggle room narrows as creditors fret over demerger","summary":"A decade ago, Anil Agarwal had merged all his businesses into Vedanta with plans to take it private. The argument for the merger then was exactly the same as it is for the demerger now: unlocking value","mobileHeadline":"Vedanta’s wriggle room narrows as creditors fret over demerger","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/03/26/600x338/Anil_Agarwal_pti_1696530390129_1711448844038.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/03/26/140x140/Anil_Agarwal_pti_1696530390129_1711448844038.jpg","caption":"Anil Agarwal, chairman, Vedanta Group.\n\nThe Vedanta Group's announcements of venturing into semiconductors followed by that of a demerger of its flagship company, Vedanta Ltd, allowed chairman Anil Agarwal to buy some time and elbow room from his creditors. (PTI)","webStoryImage":null,"url":"/opinion/vedantas-wriggle-room-narrows-as-creditors-fret-over-demerger-11711448315527.html","authors":["Sundeep Khanna"],"agency":"","tags":[],"keywords":["Vedanta","Anil Agarwal","demerger","Sebi"],"section":"Opinion","subSection":"","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":"","subSectionL2":"","premiumStory":true,"elementCount":1},{"id":11711457555575,"title":"Bankruptcy rescues have soared this year. Here is why","articleType":"story","firstPublishedDate":"2024-03-26T17:31:36+0000","lastPublishedDate":"2024-03-27T03:26:27+0000","expiryDate":null,"type":"story","timeToRead":3,"headline":"Bankruptcy rescues have soared this year. Here is why","summary":"\u003cul\u003e\u003cli\u003eData available from IBBI showed that from 2016 (when IBC became operational) to December 2023, bankruptcy resolution plans were approved for 891 companies\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Bankruptcy rescues have soared this year. Here is why","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/03/26/600x338/ibbi_1705251508654_1711471808204.JPG","thumbnail":"https://www.livemint.com/lm-img/img/2024/03/26/140x140/ibbi_1705251508654_1711471808204.JPG","caption":"Insolvency and Bankruptcy Board of India","webStoryImage":null,"url":"/companies/news/bankruptcy-rescues-have-soared-this-year-here-is-why-11711457555575.html","authors":["Gireesh Chandra Prasad"],"agency":"","tags":[],"keywords":["bankruptcy","IBBI","insolvency and bankruptcy code","IBC","Insolvency and Bankruptcy Board of India"],"section":"Companies","subSection":"News","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":"","subSectionL2":"","premiumStory":true,"elementCount":3},{"id":11711454423086,"title":"Brookfield's big sale has many investors interested","articleType":"story","firstPublishedDate":"2024-03-27T01:00:13+0000","lastPublishedDate":"2024-03-27T01:00:13+0000","expiryDate":null,"type":"story","timeToRead":3,"headline":"Brookfield's big sale has many investors interested","summary":"\u003cul\u003e\u003cli\u003eBluPine, Torrent, Sembcorp, Edelweiss, JSW eye Brookfield’ 1.6 GW portfolio\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Brookfield's big sale has many investors interested","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/03/26/600x338/2-0-726681848-solarpower1-0_1680336057556_1711474585872.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/03/26/140x140/2-0-726681848-solarpower1-0_1680336057556_1711474585872.jpg","caption":"Canada’s Brookfield Asset Management Inc. is a major investor in India’s green energy space. ","webStoryImage":null,"url":"/companies/news/brookfields-big-sale-has-many-investors-interested-11711454423086.html","authors":["Utpal Bhaskar"],"agency":"","tags":[],"keywords":["Brookfield","Bluprint","Torrent","Sembcorp","Edelweiss","JSW","Blupine"],"section":"Companies","subSection":"News","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":"","subSectionL2":"","premiumStory":true,"elementCount":1},{"id":11711457332837,"title":"Why ICICI Bank employees are dialling ICICI Securities shareholders","articleType":"story","firstPublishedDate":"2024-03-26T17:31:39+0000","lastPublishedDate":"2024-03-26T17:31:39+0000","expiryDate":null,"type":"story","timeToRead":4,"headline":"Why ICICI Bank employees are dialling ICICI Securities shareholders","summary":"\u003cul\u003e\u003cli\u003eIn June, the boards of private sector lender ICICI Bank and its broking arm ICICI Securities had approved the delisting of equity shares of ICICI Securities\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Why ICICI Bank employees are dialling ICICI Securities shareholders","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/03/26/600x338/2-0-129393828-ICICI-BANK-4C-0_1681886928471_1711471999004.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/03/26/140x140/2-0-129393828-ICICI-BANK-4C-0_1681886928471_1711471999004.jpg","caption":"ICICI BANK","webStoryImage":null,"url":"/industry/banking/why-icici-bank-employees-are-dialling-icici-securities-shareholders-11711457332837.html","authors":["Shayan Ghosh","Nehal Chaliawala"],"agency":"","tags":[],"keywords":["ICICI securities","ICICI bank","ICICI","ICICI demerger"],"section":"Industry","subSection":"Banking","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":"","subSectionL2":"","premiumStory":true,"elementCount":1},{"id":11711465028380,"title":"Financial regulation in India is far better than it gets credit for","articleType":"story","firstPublishedDate":"2024-03-27T02:30:18+0000","lastPublishedDate":"2024-03-27T02:30:18+0000","expiryDate":null,"type":"story","timeToRead":4,"headline":"Financial regulation in India is far better than it gets credit for","summary":"\u003cul\u003e\u003cli\u003eEnsuring the system holds up under market stress is better than moderating investor risk appetites.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Financial regulation in India is far better than it gets credit for","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/03/26/600x338/Sebi_1707411400672_1711474282839.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/03/26/140x140/Sebi_1707411400672_1711474282839.jpg","caption":"Sebi’s new liquidity stress test guidelines for mutual funds needs significant work for systemic-risk objectives to be met. ","webStoryImage":null,"url":"/opinion/online-views/financial-regulation-in-india-is-far-better-than-it-gets-credit-for-11711465028380.html","authors":[],"agency":"","tags":[],"keywords":["sebi","rbi","financial regulation","stock market","mutual funds","investor risks"],"section":"Opinion","subSection":"Views","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":"","subSectionL2":"","premiumStory":true,"elementCount":1},{"id":11711461364073,"title":"Arguments against deploying DPI don’t really hold up","articleType":"story","firstPublishedDate":"2024-03-26T17:22:28+0000","lastPublishedDate":"2024-03-26T17:22:28+0000","expiryDate":null,"type":"story","timeToRead":4,"headline":"Arguments against deploying DPI don’t really hold up","summary":"\u003cul\u003e\u003cli\u003eCritics have opposed it on semantic and techo-solutionist grounds but the idea is modular by design, with democratic principles embedded in the stack’s foundational layers. It’s better than its alternatives.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Arguments against deploying DPI don’t really hold up","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/03/26/600x338/190ab966-147a-11eb-a334-291a0d3a9eb7_1603416099063_1711473471918.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/03/26/140x140/190ab966-147a-11eb-a334-291a0d3a9eb7_1603416099063_1711473471918.jpg","caption":"All DPI solutions incorporate legal principles directly into the design of the infrastructure. ","webStoryImage":null,"url":"/opinion/online-views/arguments-against-deploying-dpi-don-t-really-hold-up-11711461364073.html","authors":["Rahul Matthan"],"agency":"","tags":[],"keywords":["DPI","autonomy","democratic principles","technology","infrastructure design","government misuse"],"section":"Opinion","subSection":"Views","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":"","subSectionL2":"","premiumStory":true,"elementCount":1},{"id":11711452226660,"title":"Full-year budget will include key February targets","articleType":"story","firstPublishedDate":"2024-03-26T12:05:58+0000","lastPublishedDate":"2024-03-26T12:05:58+0000","expiryDate":null,"type":"story","timeToRead":3,"headline":"Full-year budget will include key February targets","summary":"\u003cul\u003e\u003cli\u003eThe finance ministry has already started the preparations for the presentation of the full budget later this month\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Full-year budget will include key February targets","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/03/26/600x338/Sitharaman_1675502346481_1711452282069.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/03/26/140x140/Sitharaman_1675502346481_1711452282069.jpg","caption":"Finance minister Nirmala Sitharmana. (ANI)","webStoryImage":null,"url":"/news/india/key-vote-on-account-targets-to-be-maintained-in-the-full-yearly-budget-11711452226660.html","authors":["Rhik Kundu","Subhash Narayan"],"agency":"","tags":[],"keywords":["vote on account","budget","finance minister","Bharatiya Janata Party","Narendra Modi"],"section":"News","subSection":"India","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":"","subSectionL2":"","premiumStory":true,"elementCount":1},{"id":11711447057535,"title":"This industrial metal can electrify India’s growth. But where are the ores?","articleType":"story","firstPublishedDate":"2024-03-26T13:39:31+0000","lastPublishedDate":"2024-03-26T13:39:31+0000","expiryDate":null,"type":"story","timeToRead":10,"headline":"This industrial metal can electrify India’s growth. But where are the ores?","summary":"\u003cul\u003e\u003cli\u003eEurope in the 1700s, the US in the 1900s, Japan in the 1960s and China in the 2000s—they all ensured self-sufficiency in copper as their economies grew. And now, the metal has become doubly important because of the shift to renewable energy and EVs. What is India planning?\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"This industrial metal can electrify India’s growth. But where are the ores?","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/03/26/600x338/long_lead_1711460925706_1711460972808.JPG","thumbnail":"https://www.livemint.com/lm-img/img/2024/03/26/140x140/long_lead_1711460925706_1711460972808.JPG","caption":"The Sterlite Copper plant at Thoothukudi, Tamil Nadu, has remained shut since 2018. ","webStoryImage":"https://www.livemint.com/lm-img/img/2024/03/26/270x480/long_lead_1711460925706_1711460972808.JPG","url":"/industry/energy/this-industrial-metal-can-electrify-india-s-growth-but-where-are-the-ores-11711447057535.html","authors":["N Madhavan"],"agency":"","tags":[],"keywords":["sterlite copper plant","vedanta","EVs","mundra plant","copper supply"],"section":"Industry","subSection":"Energy","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":"","subSectionL2":"","premiumStory":true,"elementCount":25},{"id":11711450755751,"title":"As raw material prices inch up, FMCG firms brace for margin pressure","articleType":"story","firstPublishedDate":"2024-03-26T12:03:44+0000","lastPublishedDate":"2024-03-26T12:04:45+0000","expiryDate":null,"type":"story","timeToRead":3,"headline":"As raw material prices inch up, FMCG firms brace for margin pressure","summary":"\u003cul\u003e\u003cli\u003eEscalating raw material prices herald a halt in margin expansion for FMCG firms, as they brace for prudent pricing strategies ahead\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"As raw material prices inch up, FMCG firms brace for margin pressure","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/03/26/600x338/FMCG_1711454214665_1711454214889.JPG","thumbnail":"https://www.livemint.com/lm-img/img/2024/03/26/140x140/FMCG_1711454214665_1711454214889.JPG","caption":"After cooling off in the past few quarters, raw material prices have turned inflationary.","webStoryImage":null,"url":"/industry/as-raw-material-prices-inch-up-fmcg-firms-brace-for-margin-pressure-11711450755751.html","authors":["Suneera Tandon"],"agency":"","tags":[],"keywords":["FMCG","FMCG companies","margin pressure for FMCG firms","input cost inflation","Parle Products","Godrej Consumer Products Ltd"],"section":"Industry","subSection":"","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":"","subSectionL2":"","premiumStory":true,"elementCount":2},{"id":11711453282801,"title":"When will India’s oil demand peak? The govt’s calculating","articleType":"story","firstPublishedDate":"2024-03-26T13:14:16+0000","lastPublishedDate":"2024-03-26T13:14:16+0000","expiryDate":null,"type":"story","timeToRead":4,"headline":"When will India’s oil demand peak? The govt’s calculating","summary":"\u003cul\u003e\u003cli\u003eThe modelling exercise, undertaken by the Petroleum Planning \u0026amp; Analysis Cell (PPAC), will also help India plan for its future refining capacity.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"When will India’s oil demand peak? The govt’s calculating","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/03/26/600x338/41a9860be4174234828e89b76f99436c-41a9860be41742348_1711453336529_1711453336785.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/03/26/140x140/41a9860be4174234828e89b76f99436c-41a9860be41742348_1711453336529_1711453336785.jpg","caption":"India is a key Asian refining hub, with an installed capacity of about 254 million tonnes per annum.","webStoryImage":null,"url":"/news/india-working-on-its-peak-oil-demand-projection-11711453282801.html","authors":["Rituraj Baruah"],"agency":"","tags":[],"keywords":["India","oil","refining","global","economy","petroleum","EVs"],"section":"News","subSection":"","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":"","subSectionL2":"","premiumStory":true,"elementCount":2},{"id":11711449223698,"title":"Butterfly needs to take off for Crompton to get second wind","articleType":"story","firstPublishedDate":"2024-03-26T10:44:51+0000","lastPublishedDate":"2024-03-26T10:44:51+0000","expiryDate":null,"type":"story","timeToRead":2,"headline":"Butterfly needs to take off for Crompton to get second wind","summary":"\u003cul\u003e\u003cli\u003eIt's crucial for Butterfly's business – which clocked an Ebit loss of nearly Rs2 crore in Q3FY24 – to rebound if Crompton's stock is to perform well.\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"Butterfly needs to take off for Crompton to get second wind","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/03/26/600x338/best_crompton_high_speed_1708937741035_1711449319986.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/03/26/140x140/best_crompton_high_speed_1708937741035_1711449319986.jpg","caption":"Crompton has gained market share in fans despite hiking prices significantly ","webStoryImage":null,"url":"/market/mark-to-market/crompton-greaves-s-core-portfolio-in-focus-as-butterfly-s-turnaround-is-delayed-11711449223698.html","authors":["Vineetha Sampath"],"agency":"","tags":[],"keywords":["crompton greaves","crompton greaves shares","crompton greaves stock","fans maker","fans business","pumps business","crompton greaves price hikes"],"section":"Markets","subSection":"Mark To Market","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":"","subSectionL2":"","premiumStory":true,"elementCount":3}]},{"id":11698656848216,"name":"Companies","design":"common_collection","type":"collection","subType":"","externalUrl":"https://www.livemint.com/companies","jsonSourceUrl":"","lastPublishedDate":"2024-03-28T17:23:04+0000","tags":[],"navigation":null,"content":[{"id":11711645788342,"title":"SoftBank-backed Swiggy records $200 million loss in nine months to Dec 2023 ahead of IPO","articleType":"story","firstPublishedDate":"2024-03-28T17:22:46+0000","lastPublishedDate":"2024-03-28T17:22:46+0000","expiryDate":null,"type":"story","timeToRead":1,"headline":"SoftBank-backed Swiggy records $200 million loss in nine months to Dec 2023 ahead of IPO","summary":"For the full fiscal year 2022-23, Swiggy made a loss of 41.8 billion rupee ($500 million), according to the document","mobileHeadline":"Swiggy records $200 million loss for nine months till Dec 2023 ahead of IPO","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/03/28/600x338/Swiggy_1711646414287_1711646414894.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/03/28/140x140/Swiggy_1711646414287_1711646414894.jpg","caption":"Swiggy Delivery boy in CP. Photo by Priyanka Parashar/ Mint","webStoryImage":null,"url":"/companies/news/softbankbacked-swiggy-records-200-million-loss-in-nine-months-to-dec-2023-ahead-of-ipo-11711645788342.html","authors":null,"agency":"Reuters","tags":[],"keywords":["Swiggy","Swiggy IPO"],"section":"Companies","subSection":"News","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":"","subSectionL2":"","premiumStory":false,"elementCount":2},{"id":11711638403771,"title":"First Ambani-Adani pact: RIL picks 26% stake in Adani Power's MP project; deal pegged at  \u003cspan class='webrupee'\u003e₹\u003c/span\u003e50 crore between rival firms","articleType":"story","firstPublishedDate":"2024-03-28T15:20:06+0000","lastPublishedDate":"2024-03-28T15:20:33+0000","expiryDate":null,"type":"story","timeToRead":1,"headline":"First Ambani-Adani pact: RIL picks 26% stake in Adani Power's MP project; deal pegged at  \u003cspan class='webrupee'\u003e₹\u003c/span\u003e50 crore between rival firms","summary":"\u003cul\u003e\u003cli\u003eReliance will pick up five crore equity shares in Mahan Energen Ltd, a wholly owned subsidiary of Adani Power Ltd, of face value  \u003cspan class='webrupee'\u003e₹\u003c/span\u003e10 at par ( \u003cspan class='webrupee'\u003e₹\u003c/span\u003e50 crore) \u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"First Ambani-Adani pact: RIL picks 26% stake in Adani Power's MP project","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/03/28/600x338/edeal_1711638506946_1711638507137.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/03/28/140x140/edeal_1711638506946_1711638507137.jpg","caption":"Reliance Industries and Adani Power collaborated for the first time. 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Here are other top Indian cities which may face a water scarcity this summer.","mobileHeadline":"Bengaluru Water Crisis Just The Beginning? | Indian Cities That May Face Water Scarcity This Summer","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/03/26/600x338/hqdefault_1711432262619_1711432452174.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/03/26/140x140/hqdefault_1711432262619_1711432452174.jpg","caption":"Bengaluru Water Crisis Just The Beginning? | Indian Cities That May Face Water Scarcity This Summer","webStoryImage":null,"url":"/videos/news/bengaluru-water-crisis-just-the-beginning-indian-cities-that-may-face-water-scarcity-this-summer-11711432266490.html","authors":["Livemint"],"agency":"","tags":["bengaluru water shortage","bengaluru water crisis","bangalore water crisis","bangalore water crisis latest news","bengaluru water crisis reason","bangalore water problem areas","water shortages in bangalore","water shortages in bangaluru","water condition of India","Water level in India","NITI Aayog","future water crisis in india","water scarcity in india states","water scarcity in 6 Indian cities","Mint","mint news","live mint","water shortage in 6 cities by 2030"],"keywords":["news","bengaluru water crisis reason","ghaziabad water crisis","mumbai water cut","delhi water supply disruption","summer water supply india"],"section":"videos","subSection":"news","breakingNews":false,"sponsored":false,"bigStory":false,"dynamicMeta":null,"alternateUrls":null,"externalUrl":"","subSectionL2":"","premiumStory":false,"elementCount":1}]},{"id":11698756743504,"name":"Podcast","design":"Design 1","type":"placeholder","subType":"podcast_carousel","externalUrl":"","jsonSourceUrl":"","lastPublishedDate":"2023-10-31T12:54:18+0000","tags":[],"navigation":null,"content":null},{"id":11698657092600,"name":"Economy","design":"common_collection","type":"collection","subType":"","externalUrl":"https://www.livemint.com/economy","jsonSourceUrl":"","lastPublishedDate":"2024-03-28T17:17:49+0000","tags":[],"navigation":null,"content":[{"id":11711645747088,"title":"No more fishing inquiries, GST officials told","articleType":"story","firstPublishedDate":"2024-03-28T17:17:13+0000","lastPublishedDate":"2024-03-28T17:17:13+0000","expiryDate":null,"type":"story","timeToRead":2,"headline":"No more fishing inquiries, GST officials told","summary":"\u003cul\u003e\u003cli\u003eThis procedure applies in the case of a listed company, or state-owned enterprise, government department or agency or any other authority\u003c/li\u003e\u003c/ul\u003e","mobileHeadline":"No more fishing inquiries, GST officials told","image":null,"bigImage":"https://www.livemint.com/lm-img/img/2024/03/28/600x338/This-is-the-fifth-time-GST-revenue-collection-has-_1690907701382_1711645951021.jpg","thumbnail":"https://www.livemint.com/lm-img/img/2024/03/28/140x140/This-is-the-fifth-time-GST-revenue-collection-has-_1690907701382_1711645951021.jpg","caption":"Information available digitally or online on the GST portal should not be called for under letter or summons, the guidelines said. 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Bhadoria","createdDate":"2024-03-28T16:43:58+0000","lastModifiedBy":"D111811","lastModifiedDate":"2024-03-28T18:32:14+0000","lastPublishedBy":"Sharmila Bhadoria","lastPublishedDate":"2024-03-28T18:34:19+0000","firstPublishedDate":"2024-03-28T18:33:13+0000","metadata":{"url":"","authors":[],"charCount":2112,"wordCount":334,"agency":"","status":"CREATED","tags":[],"keywords":null,"section":"","column":"","subSection":"","topic":[],"topicUrls":null,"alternateSection":[],"location":[],"markUnimportant":false,"breakingNews":false,"sponsored":false,"editedBy":[],"writtenBy":[],"reportedBy":[],"agencyByLine":[],"bigStory":false,"deleteMode":null,"redirectUrl":"","videoMetadata":null,"dynamicMeta":null,"alternateUrls":null,"externalUrl":"","subSectionL2":"","design":"","canonicalUrl":"","killed":false,"killedStatusCode":0,"audioSourceUrl":"","disclaimer":"","sponsoredTitle":"","storyType":null,"jsonSourceUrl":null,"subType":null,"syndicationFeed":false,"premiumStory":false,"metaTitle":"","metaDescription":"","ytMigrated":"","handpicked":false,"audienceTags":null,"autoBackLinked":false,"autoBackLinkCount":0,"totalLinkCount":0,"vdoAiUrl":"","aiContent":false,"removeAds":false,"contextualKeyword":null,"embedAmazonCount":0,"embedCromaCount":0,"embedFlipkartCount":0,"embedSnapdealCount":0,"relatedStoryTitle":null,"relatedStoryUrl":null,"additionalFields":null,"tableOfContentsHeading":null,"authorsList":null},"social":{"twitter":true,"facebook":true},"isDeleted":0,"webId":"","expiryDate":null,"listRelatedStories":null,"listCollectionStories":null,"listCollectionPages":null,"moreFromThisSection":null,"trending":null,"name":"paragraph","timestamp":"2024-03-28T16:43:58+0000","heading":null,"timeToComplete":0,"timeToCompleteinHrs":0,"tools":null,"supplies":null,"type":"paragraph","paragraph":{"body":"\u003cp\u003eCongress President Mallikarjun Kharge, Sonia Gandhi, and Rahu Gandhi will release the Congress manifesto for Lok Sabha polls on April 6 at a public meeting in Jaipur.\u003c/p\u003e\u003cp\u003e\u003cstrong\u003eAlso Read: \u003c/strong\u003e\u003ca class=\"manualbacklink\" target=\"_blank\" href=\"https://www.livemint.com/politics/news/indian-investors-have-expressed-no-confidence-in-bjp-says-chidambaram-indian-economy-lok-sabha-polls-2024-11711607510989.html\"\u003e‘Foreign investors taking out money…’: Congress' Chidambaram slams BJP for false claims on Indian economy\u003c/a\u003e\u003c/p\u003e\u003cp\u003eParty high command and senior leaders discussed preparations for the Jaipur public meeting during the Congress meeting on Lok Sabha election strategy, said the party's Rajasthan in-charge Sukhjinder Singh Randhawa on Thursday while confirming the date of the launch of poll manifesto by the party.\u003c/p\u003e\u003cp\u003e\u003cstrong\u003eAlso Read: \u003c/strong\u003e\u003ca class=\"manualbacklink\" target=\"_blank\" href=\"https://www.livemint.com/politics/news/indias-richest-woman-ex-haryana-minister-savitri-jindal-quits-congress-joins-bjp-naveen-jindal-11711619154916.html\"\u003eIndia's richest woman and former Haryana minister Savitri Jindal quits Congress, joins BJP\u003c/a\u003e\u003c/p\u003e\u003cp\u003eFormer chief minister Ashok Gehlot and Congress state president Govind Singh Dostara gave responsibilities for elections to party leaders and workers. Sukhjinder Singh Randhawa also said that people are enthusiastic about the Congress poll manifesto. He also expressed confidence that more and more people will come to the public meeting. He said the people have come to know what they (the central government) have done for the people during their 10 years in office.\u003c/p\u003e\u003cp\u003e\u003cstrong\u003eAlso Read: \u003c/strong\u003e\u003ca class=\"manualbacklink\" target=\"_blank\" href=\"https://www.livemint.com/politics/news/congress-drops-supriya-shrinate-from-lok-sabha-candidate-list-amid-controversial-remark-against-bjp-kangana-ranaut-mandi-11711591562199.html\"\u003eCongress drops Supriya Shrinate from Lok Sabha candidates list amid controversial remark against Kangana Ranaut\u003c/a\u003e\u003c/p\u003e\u003cp\u003eReacting to Congress candidate Sudarshan Rawat's announcement to not contest the Lok Sabha elections from Rajsamand after he was named as party candidate from the same, Randhawa said that every party has to change the ticket from time to time.\u003c/p\u003e\u003cp\u003eCongress state president Govind Singh Dostara announced that the party's election manifesto will be released in the presence of Sonia Gandhi and Rahul Gandhi in the public meeting, set to take place in Jaipur.\u003c/p\u003e\u003cp\u003eApart from the announcement, he criticised the BJP government for misleading the public. While speaking at the event, he said that the saffron party leaders have only done tours and speeches and done nothing else.\u003c/p\u003e\u003cp\u003e\"In four months, they have done only tours, and speeches and misled the people. Apart from this, they have done nothing else,\" Dostara targeted the BJP government in the state.\u0026nbsp;\u003c/p\u003e"},"image":null,"video":null,"liveBlog":null,"listicle":null,"listicleType":"","listicleArray":null,"listicleBulletType":null,"listicleHeadline":null,"indicesNew":null,"relatedStories":null,"collectionStories":null,"embed":null,"collectionPages":null,"elements":null,"listElement":null,"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"headline":"","summary":"","quickReadSummary":"","mobileHeadline":"","mobileAppNotificationHeadline":"","browserNotificationHeadline":"","facebookHeadline":"","subType":"","jsonSourceUrl":"","twitterHeadline":"","urlHeadline":"","leadMedia":null,"timeToRead":null,"linkStoryId":null,"introBody":"","webType":"","related":null,"showRelated":true,"newsletterHeadline":"","newsletterSummary":"","webStorySlide":null,"logoUrl":null,"logoPosition":null,"hasSlideImage":false,"hasSlideVideo":false,"hasLogoImage":false,"creditInfo":null,"altText":null,"metaTitle":null,"metaDescription":null,"keywords":null,"slideAnimation":"","sampleImagesIdList":[],"sampleImages":[],"personalisedSection":null,"personalisedSectionId":null,"paywallElement":false,"faqSectionHeading":null,"faqs":null,"tagline":null,"tabElements":null,"quiz":null,"poll":null,"bgParaColor":{"name":"","code":""},"quoteDesign":"Bold","contentHeading":null,"steps":null}],"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"headline":"Lok Sabha elections 2024: Mallikarjun Kharge, Sonia, Rahul Gandhi to release Congress manifesto in Jaipur on April 6","summary":"Kharge, Sonia, Rahul Gandhi to release Congress poll manifesto in Jaipur on April 6 Lok Sabha elections 2024: Mallikarjun Kharge, Sonia, Rahul Gandhi to release Congress poll manifesto in Jaipur on April 6","quickReadSummary":"","mobileHeadline":"Lok Sabha elections 2024: Congress to release poll manifesto on April 6","mobileAppNotificationHeadline":"Lok Sabha elections 2024: Mallikarjun Kharge, Sonia, Rahul Gandhi to release Congress manifesto in Jaipur on April 6","browserNotificationHeadline":"Lok Sabha elections 2024: Mallikarjun Kharge, Sonia, Rahul Gandhi to release Congress manifesto in Jaipur on April 6","facebookHeadline":"Lok Sabha elections 2024: Mallikarjun Kharge, Sonia, Rahul Gandhi to release Congress manifesto in Jaipur on April 6","subType":"","jsonSourceUrl":"","twitterHeadline":"Lok Sabha elections 2024: Mallikarjun Kharge, Sonia, Rahul Gandhi to release Congress manifesto in Jaipur on April 6","urlHeadline":"Lok Sabha elections 2024: Mallikarjun Kharge, Sonia, Rahul Gandhi to release Congress manifesto in Jaipur on April 6","leadMedia":{"id":null,"mediaType":"","elements":[11711644459276],"image":{"images":{"270x480":null,"600x338":"https://www.livemint.com/lm-img/img/2024/03/28/600x338/Congress-Mallikarjun-Kharge_Lok_Sabha_polls_1711644496525_1711644496859.jpg","optimize":"https://www.livemint.com/lm-img/img/2024/03/28/optimize/Congress-party-president-Mallikarjun-Kharge-and-fo_1711644458225_1711644458800.jpg","mediumImage":"https://www.livemint.com/lm-img/img/2024/03/28/250x250/Congress-Mallikarjun-Kharge_Lok_Sabha_polls_1711644496525_1711644496859.jpg","bigImage":"https://www.livemint.com/lm-img/img/2024/03/28/600x338/Congress-Mallikarjun-Kharge_Lok_Sabha_polls_1711644496525_1711644496859.jpg","140x140":"https://www.livemint.com/lm-img/img/2024/03/28/140x140/Congress-Mallikarjun-Kharge_Lok_Sabha_polls_1711644496525_1711644496859.jpg","thumbnailImage":"https://www.livemint.com/lm-img/img/2024/03/28/90x90/Congress-Mallikarjun-Kharge_Lok_Sabha_polls_1711644496525_1711644496859.jpg","900x1600":"https://www.livemint.com/lm-img/img/2024/03/28/original/Congress-Mallikarjun-Kharge_Lok_Sabha_polls_1711644496525.jpg","fullImage":"https://www.livemint.com/lm-img/img/2024/03/28/960x540/Congress-Mallikarjun-Kharge_Lok_Sabha_polls_1711644496525_1711644496859.jpg","248x186":null},"caption":"Congress party president Mallikarjun Kharge and former presidents Sonia Gandhi and Rahul Gandhi during a special press conference at the Congress party headquarters in New Delhi, India, on Thursday. 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On Wednesday, the world lost a psychologist who won a Nobel Prize for Economics. Along with fellow scholar Amos Tversky, he laid down the basics of Behavioural Economics with Prospect Theory. As an author, he will fondly be remembered for his best-seller Thinking, Fast and Slow, a modern classic on instant versus deliberative thought. As for the buzz-words he gave us, ‘loss aversion’ ranks high for showing us how attitudes matter in the world of finance. For an example of this aversion, consider a coin-toss gamble. Heads, you win  \u003cspan class='webrupee'\u003e₹\u003c/span\u003e150, say, and if it’s tails, you lose  \u003cspan class='webrupee'\u003e₹\u003c/span\u003e100. Since either outcome is half likely, this punt’s pre-toss expectation value is  \u003cspan class='webrupee'\u003e₹\u003c/span\u003e75 to be won and  \u003cspan class='webrupee'\u003e₹\u003c/span\u003e50 lost—which should make us go for it. Yet, many of us would shrink from it because “losses loom larger than gains.” So, while the  \u003cspan class='webrupee'\u003e₹\u003c/span\u003e25 extra on the table is a rational prospect, it may still fail to cover the psychic pain of possibly losing  \u003cspan class='webrupee'\u003e₹\u003c/span\u003e100. And so long as folks behave this way, as studies have found they do, we had better look beyond economic models that make no leeway for evident human foibles.\u003c/p\u003e\u003cp\u003eLosses are painful to any investor, of course, and pain does not always lend itself to clarity of thought. As Kahneman’s psychology experiments revealed, we tend to let our memory of pain dominate our actual experience of it, with the result that the patchy imprint left by its peak and most recent sensation matters above all else. In his ‘cold hand’ experiment, subjects were asked to immerse one hand in a tub of painfully cold water at 14° Celsius for 60 seconds. This was Option A. Of course, they could pull their hands out if the chill got unbearable and were given warm towels at the end. After a break, they were asked to dunk their other hand in similarly chilled water for 60 seconds in an identical ordeal, except that it was followed by 30 more seconds of immersion, this time with warm water slowly flowing into the tub, raising its temperature by 1° Celsius by the time the hand was withdrawn. This 90-second trial was Option B. After another break, all hand-dunkers were asked which episode they would repeat if they had to choose between A and B. All votes counted, a vast majority opted for the longer trial. In other words, most people were ready to suffer half a minute extra—an irrational pick. 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week, there was a rather unusual news report in some business papers about a new agreement in the family of Venu Srinivasan. As chairperson of TVS Holdings Ltd (formerly Sundaram-Clayton) and chairman emeritus of TVS Motor Company Ltd, he announced that his nuclear family members, comprising himself, his wife Mallika Srinivasan, daughter Lakshmi Venu and son Sudarshan Venu, had executed a memorandum of understanding (MoU), effective 21 March 2024, to avoid competition among themselves with specific reference to the use of the ‘TVS’ brand name, complete with a non-compete pact and more.\u003c/p\u003e\u003cp\u003eThis is an interesting and unique family business development for three reasons. One, it is between the father and son on one side and the mother and daughter on the other. Second, while Venu Srinivasan inherited parts of the larger TVS Group in an earlier family settlement, Mallika, who originally hails from another large South Indian business family (of the Amalgamations Group) inherited Tractors and Farm Equipment (TAFE) from her father, A. Sivasailam. Third, the current family agreement is partly with regard to the use and non-use of the TVS brand, an intangible asset.\u003c/p\u003e\u003cp\u003eAn accomplished business leader in her own right, Mallika Srinivasan is the chairperson and managing director of the tractor-maker TAFE. Their daughter Lakshmi Venu is director of TVS Motor Company and deputy managing director of TAFE Motors and Tractors Ltd, a wholly-owned subsidiary of TAFE. Their son Sudarshan Venu is the managing director of TVS Motor Company.\u003c/p\u003e\u003cp\u003eOn the face of it, the division of responsibilities drawn out within this nuclear family appears to be on gender lines, with Venu Srinivasan and Sudarshan Venu aligned in the management of the TVS Group and Mallika and Lakshmi Venu largely with TAFE. It also conveys a semblance of succession planning for the two children, both of whom are married. In India’s traditional and large family businesses, members of well-known business families often marry among themselves. The marriage of Venu Srinivasan and Mallika Srinivasan was one such. However, the difference here is that rarely do women inherit a major business from their family. In the case of Mallika, she may have done at least partly because her parents had only two daughters, though the dominance of male succession has come down in recent years. Between Venu and Mallika Srinivasan, they inherited and now own two significant businesses from two different family groups.\u003c/p\u003e\u003cp\u003eThe latest agreement, which partly pertains also to the ownership and use of the TVS brand, assumes significance because as we have seen in the past, there have been disputes within other family businesses, like the Hero Group, where competing claims to use of the ‘Hero’ brand between two factions of the same extended family, one under Naveen Munjal of Hero Electric and the other under Pawan Munjal of Hero Motocorp, had to be resolved through courts.\u003c/p\u003e\u003cp\u003eWhich brings us to an important point. A brand is a valuable intangible asset. In the past, such assets were not given much heed to. But, as we have seen in recent times, especially in fields of technology where companies like Apple and Google in the US and even the troubled Byju’s and Paytm in India see their valuations rise and fall to a large extent based on perceptions, reputations and assessments of intangible more than physical assets, brands matter enough to be bones of contention.\u003c/p\u003e\u003cp\u003eEven though the phenomenon of family businesses in India is a few hundred years old and constitutes a dominant segment of the Indian economy, we have seen that most of them do not last beyond three generations. One of the many reasons is that family brand names are not nurtured well enough. There have been exceptions, like Tata and Mahindra, with their families having paid greater attention to this aspect. It is in this context that the move by Venu Srinivasan’s family should be seen.\u003c/p\u003e\u003cp\u003eThe other interesting aspect of the TVS family agreement is its barring of competition among its four members by means of special clauses. In this age of conglomerates and diversification, it is important for a business family to delineate sectors of interest so that the probability of infighting is reduced. It can be recalled that the larger TVS Group, which included Venu Srinivasan’s cousins, had made effective a family settlement in 2022 which among other things also related to the TVS brand name. However, this comes with a caveat: as we have seen in cases of some other business families, the dominant faction of the family business sometimes tends to ride rough-shod over other factions and it is difficult for those at the receiving end to find a remedy.\u003c/p\u003e\u003cp\u003eVenu Srinivasan is 71 years old and Mallika is 64. By Indian family business standards, they are not too old. There have been many instances of business family patriarchs refusing to let go, which can lead to conflict and infighting in the next generation. The apparent fight that erupted between Mukesh and Anil Ambani of the Reliance Group in the early 2000s may perhaps have been partly responsible for the proactive succession planning done by Mukesh Ambani for his three children.\u003c/p\u003e\u003cp\u003eProactive succession planning and sound management of intangible assets by the TVS family could serve as role models for other family businesses in the country.\u003c/p\u003e"},"image":null,"video":null,"liveBlog":null,"listicle":null,"listicleType":"","listicleArray":null,"listicleBulletType":null,"listicleHeadline":null,"indicesNew":null,"relatedStories":null,"collectionStories":null,"embed":null,"collectionPages":null,"elements":null,"listElement":null,"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"headline":"","summary":"","quickReadSummary":"","mobileHeadline":"","mobileAppNotificationHeadline":"","browserNotificationHeadline":"","facebookHeadline":"","subType":"","jsonSourceUrl":"","twitterHeadline":"","urlHeadline":"","leadMedia":null,"timeToRead":null,"linkStoryId":null,"introBody":"","webType":"","related":null,"showRelated":true,"newsletterHeadline":"","newsletterSummary":"","webStorySlide":null,"logoUrl":null,"logoPosition":null,"hasSlideImage":false,"hasSlideVideo":false,"hasLogoImage":false,"creditInfo":null,"altText":null,"metaTitle":null,"metaDescription":null,"keywords":null,"slideAnimation":"","sampleImagesIdList":[],"sampleImages":[],"personalisedSection":null,"personalisedSectionId":null,"paywallElement":false,"faqSectionHeading":null,"faqs":null,"tagline":null,"tabElements":null,"quiz":null,"poll":null,"bgParaColor":{"name":"","code":""},"quoteDesign":"Bold","contentHeading":null,"steps":null}],"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"headline":"The TVS Group’s nuclear family pact is path-breaking","summary":"\u003cul\u003e\u003cli\u003eThe agreement among four members of Venu Srinivasan’s family through an MoU helps pre-empt any legal wrangle over their family business. 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of the 16th Finance Commission (FC) are now proceeding in earnest. The appointment of the full commission only by the end of January has left it with just 19 months until end October 2025 to complete its work and submit its recommendations, well short of the full two years or so that is usually available. Fortunately, its terms of reference have been limited to the core issues mandated by the Constitution. Unlike in the case of recent FCs, the 16th FC has not been loaded with a host of other issues under the “any other matters” clause [article 280 (3)(d)]. This gives it the opportunity to focus its deliberations on core issues without having to devote time to other issues. This is important because the commission will have to contend with some daunting challenges, a few of which are discussed here.\u003c/p\u003e\u003cp\u003eThe first issue relates to projections of revenue, especially from taxes, for the central and state governments. Macroeconomic projections are always important inputs for economic policy decisions, but particularly so for the volume of tax devolution to the states. The FC-recommended devolution formula applied to the divisible pool of central taxes will determine the volume of tax devolution that will flow to the states. If the actual volume of central tax revenues (except cesses and surcharges) turns out be more than the projections, then the devolution flows will provide some fiscal elbow room for both the Centre and states. But if the tax revenues turn out to be less than the projections, it will lead to fiscal stress for the central government as well as all state governments. Hence, the reliability of tax revenue projections is critical and the method adopted for making projections needs to be robust. A series of repeated shocks impacting the time series data used for forecasting makes the task very challenging. The financial crisis of 2008 was followed by demonetization (2016), roll-out of the goods and services tax (2017), the covid pandemic (2020-21 and 2021-22) and finally the Ukraine and Gaza wars that have roiled international commodity markets. The 15th FC, which had to make its projections under conditions of extreme uncertainty in the middle of the covid pandemic, took the unusual step of examining the implications of three alternative growth paths. Though comparatively less now, the level of macroeconomic uncertainty is still high and projections for the 16th FC period are also likely to be subject to large error margins. Reliable forecasting of central and state revenues will thus be a very challenging exercise.\u003c/p\u003e\u003cp\u003eThe second issue is finding a balance between the principle of subsidiarity and the compulsions of centralization. The subsidiarity principle holds that in federal governance systems, decisions are more efficient when the decision-making authority is as close as possible to the constituents affected by the decision, while higher levels of authority should hold a subsidiary role; i.e., the delegation of authority essentially moves from the lower level upwards only when the issue to be decided upon effects constituents beyond the jurisdiction of the lower-level authority (such as a state government). Examples of such externalities include national security and defence, and the maintenance of macroeconomic stability and nationwide infrastructure systems. There is also the question of equity in providing a comparable level of public services, or merit goods like subsidized food, to constituents in all states across a common national tax jurisdiction. The allocation of subjects under the Constitution’s 7th schedule to the central list, states’ list and concurrent list is broadly consistent with these competing compulsions of decentralization and centralization. However, it has been argued that the present subject allocation does not adequately take account of externalities and needs to be revisited. The 16th FC obviously cannot change the 7th schedule. But if it decides to address these issues even in its observations, it will need to tread very carefully. Any such re-allocation of subjects would be a very sensitive political issue when many states, especially those ruled by non-National Democratic Alliance (NDA) governments, have complained that the Centre is encroaching their constitutional space through the use of centrally-sponsored schemes.\u003c/p\u003e\u003cp\u003eA third issue is ensuring adequate resources for the third tier of government. Local governments provide many of the key services that citizens need, like water supply and sanitation. Rapid urbanization has made this particularly urgent for urban local bodies. The Constitution referred to the importance of local governments but left it to state governments to determine what functions should be delegated to local governments. Subsequently, the 73rd and 74th Constitutional amendments elaborated on this in great detail, but again left it to state legislatures to decide what should be done. There is a direct conflict of interest here between state legislators and those elected to local bodies, which accounts for the continuing weakness of most local governments. FCs are mandated to recommend measures to augment the consolidated fund of state governments to supplement the resources of local governments based on the recommendations of state finance commissions. The last three FCs struggled with this mandate, but with limited success. Some states have failed to even appoint state finance commissions on time. Even when appointed, their recommendations are often ignored. The challenge is to design suitable incentives for state governments to induce them to effectively strengthen local governments.\u003c/p\u003e\u003cp\u003eThese are the author’s personal views.\u003c/p\u003e"},"image":null,"video":null,"liveBlog":null,"listicle":null,"listicleType":"","listicleArray":null,"listicleBulletType":null,"listicleHeadline":null,"indicesNew":null,"relatedStories":null,"collectionStories":null,"embed":null,"collectionPages":null,"elements":null,"listElement":null,"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"headline":"","summary":"","quickReadSummary":"","mobileHeadline":"","mobileAppNotificationHeadline":"","browserNotificationHeadline":"","facebookHeadline":"","subType":"","jsonSourceUrl":"","twitterHeadline":"","urlHeadline":"","leadMedia":null,"timeToRead":null,"linkStoryId":null,"introBody":"","webType":"","related":null,"showRelated":true,"newsletterHeadline":"","newsletterSummary":"","webStorySlide":null,"logoUrl":null,"logoPosition":null,"hasSlideImage":false,"hasSlideVideo":false,"hasLogoImage":false,"creditInfo":null,"altText":null,"metaTitle":null,"metaDescription":null,"keywords":null,"slideAnimation":"","sampleImagesIdList":[],"sampleImages":[],"personalisedSection":null,"personalisedSectionId":null,"paywallElement":false,"faqSectionHeading":null,"faqs":null,"tagline":null,"tabElements":null,"quiz":null,"poll":null,"bgParaColor":{"name":"","code":""},"quoteDesign":"Bold","contentHeading":null,"steps":null}],"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"headline":"The 16th Finance Commission faces some daunting challenges","summary":"\u003cul\u003e\u003cli\u003eThe Commission confronts some challenging issues in the shorter-than-usual tenure it has got. 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The ceremony was held on 23 March 2024. MDI Gurgaon's convocation ceremony was attended by SN Subrahmanyan, Chairman and Managing Director of Larsen \u0026amp; Toubro Limited.\u003c/p\u003e\u003cp\u003eSubrahmanyan addressed the ceremony as the chief guest. “His insightful address resonated with the audience, leaving an indelible mark on the hearts and minds of all present”, an official statement by the institution mentioned.\u003c/p\u003e\u003cp\u003eThe Convocation commenced with SN Subrahmanyan's arrival, followed by a lunch, and a meeting with MDI Gurgaon leadership. The afternoon continued with group photograph sessions, capturing the joyous moments of togetherness.\u0026nbsp;\u003c/p\u003e\u003cp\u003eThe formal proceedings commenced with the Convocation procession entering the hall, accompanied by an invocation, symbolizing the occasion's solemnity. The Chairman of the Board of Governors (BOG) of MDI Gurgaon officially declared the Convocation open, invoking the blessings of Saraswati, the Goddess of Learning, the official statement added.\u003c/p\u003e\u003cp\u003eProf. \u003ca class=\"autobacklink-topic\" target=\"_blank\" href=\"https://www.livemint.com/market/market-stats/stocks-arvind-share-price-nse-bse-S0003215\" data-name=\"Arvind\"\u003eArvind\u003c/a\u003e Sahay, Director of MDI Gurgaon shared the report on the institution's accomplishments and its vision for the future.\u003c/p\u003e\u003cp\u003e“MDI Gurgaon's Convocation 2024 was a moment of pride and accomplishment for our institution. As we bid farewell to our graduating class, we reflect on their growth, learning, and the journey. Their achievements serve as a testament to our faculty's unwavering dedication, our staff's support, and the nurturing environment we provide at MDI Gurgaon\", Professor Sahay said.\u003c/p\u003e\u003cp\u003e\"We are immensely grateful to Shri\u003ca class=\"manualbacklink\" target=\"_blank\" href=\"https://www.livemint.com/news/india/tamil-nadu-has-vibrant-coastline-top-quotes-from-pm-modis-speech-in-tiruchirappalli-11704177140336.html\"\u003e S. N. Subrahmanyan\u003c/a\u003e for gracing us with his presence and inspiring our graduates with his invaluable insights. As they step into the world beyond our campus, we are confident that they will uphold the values of integrity, excellence, and leadership instilled in them during their time here. Congratulations to the Class of 2024, and may your future be filled with success and fulfillment.” shared Prof Arvind Sahay, Director at MDI, Gurgaon.\u003c/p\u003e\u003cp\u003eSubrahmanyan conferred medals to recognize and recognize exceptional academic performances, inspiring students to pursue excellence.\u003c/p\u003e\u003cp\u003eAt \u003ca class=\"manualbacklink\" target=\"_blank\" href=\"https://www.livemint.com/news/india/president-droupadi-murmu-to-visit-bengal-telangana-rajasthan-from-dec-18-to-23-11702821386768.html\"\u003eMDI Gurgaon\u003c/a\u003e's Convocation 2024, a total of 646 students from various Post Graduate Programs received their diplomas.\u0026nbsp;\u003c/p\u003e\u003cp\u003eAmong them, 19 outstanding students were honored with medals in recognition of their exemplary performance and dedication to excellence.\u003c/p\u003e\u003cp\u003eAll participants received a heartfelt vote of thanks, and a memento was presented to the Chief Guest as a token of appreciation for his invaluable contribution to the event.\u003c/p\u003e\u003cp\u003e“MDI Gurgaon expresses its heartfelt gratitude to all stakeholders for their unwavering support and participation in the Convocation Ceremony, which contributed to its success”, the statement read.\u003c/p\u003e\u003cp\u003e\u0026nbsp;\u003c/p\u003e"},"image":null,"video":null,"liveBlog":null,"listicle":null,"listicleType":"","listicleArray":null,"listicleBulletType":null,"listicleHeadline":null,"indicesNew":null,"relatedStories":null,"collectionStories":null,"embed":null,"collectionPages":null,"elements":null,"listElement":null,"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"headline":"","summary":"","quickReadSummary":"","mobileHeadline":"","mobileAppNotificationHeadline":"","browserNotificationHeadline":"","facebookHeadline":"","subType":"","jsonSourceUrl":"","twitterHeadline":"","urlHeadline":"","leadMedia":null,"timeToRead":null,"linkStoryId":null,"introBody":"","webType":"","related":null,"showRelated":true,"newsletterHeadline":"","newsletterSummary":"","webStorySlide":null,"logoUrl":null,"logoPosition":null,"hasSlideImage":false,"hasSlideVideo":false,"hasLogoImage":false,"creditInfo":null,"altText":null,"metaTitle":null,"metaDescription":null,"keywords":null,"slideAnimation":"","sampleImagesIdList":[],"sampleImages":[],"personalisedSection":null,"personalisedSectionId":null,"paywallElement":false,"faqSectionHeading":null,"faqs":null,"tagline":null,"tabElements":null,"quiz":null,"poll":null,"bgParaColor":{"name":"","code":""},"quoteDesign":"Bold","contentHeading":null,"steps":null}],"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"headline":"MDI Gurgaon hosts convocation ceremony with L\u0026amp;T chairman SN Subrahmanyan as chief guest","summary":"Management Development Institute (MDI) Gurgaon held Convocation Ceremony for graduating class of 2024 with SN Subrahmanyan as chief guest, inspiring students with valuable insights and recognizing exceptional academic performances.","quickReadSummary":"","mobileHeadline":"MDI Gurgaon hosts convocation ceremony with SN Subrahmanyan as chief guest","mobileAppNotificationHeadline":"MDI Gurgaon hosts convocation ceremony with L\u0026T chairman SN Subrahmanyan as chief guest","browserNotificationHeadline":"MDI Gurgaon hosts convocation ceremony with L\u0026T chairman SN Subrahmanyan as chief guest","facebookHeadline":"MDI Gurgaon hosts convocation ceremony with L\u0026T chairman SN Subrahmanyan as chief guest","subType":"","jsonSourceUrl":"","twitterHeadline":"MDI Gurgaon hosts convocation ceremony with L\u0026T chairman SN Subrahmanyan as chief guest","urlHeadline":"MDI Gurgaon hosts 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improvements in artificial intelligence (AI) continue apace, so do questions about how AI will influence economies, asset prices and—the question of the moment—interest rates in America: Is AI more likely to make them go up or down?\u003c/p\u003e\u003cp\u003eYou might think economists would have a simple handle on such a straightforward query, but the both macroeconomics and AI are complex. Nevertheless, I have a bold prediction: Real or inflation-adjusted rates will go up, and for a considerable period of time.\u003c/p\u003e\u003cp\u003eThe conventional wisdom is that rates tend to fall as wealth and productivity rise in an economy. It is easy to see where this view comes from, as real rates of interest, especially in the US, have been generally falling for four decades. As for the theory, lending becomes safer over time, even as the wealth available for saving is higher.\u003c/p\u003e\u003cp\u003eSo why might these mechanisms stop working?\u003c/p\u003e\u003cp\u003eMy counter-intuitive prediction rests on two considerations. First, as a matter of practice, if there is a true AI boom, or the advent of artificial general intelligence (AGI), the demand for capital expenditures will be extremely high. Second, as a matter of theory, the productivity of capital is a major factor in shaping real interest rates. If capital productivity rises significantly due to AI, real interest rates ought to rise as well.\u003c/p\u003e\u003cp\u003eThink about capex in a world of AI. The scurry to produce more high-quality semiconductor chips will continue. Those investments are not easy or cheap. But the demand for investment will not stop there. The more that AI is integrated into lives and business plans, the higher will be the demand for computation. That will induce a significant expansion of energy infrastructure.\u003c/p\u003e\u003cp\u003eAgain, those are not cheap investments. The American state of Northern Virginia, for example, is now facing a major dilemma along these lines, and not only because of AI. The region is home to major data centres, and now needs the equivalent of several large nuclear power plants to meet projected energy demands.\u003c/p\u003e\u003cp\u003eAnd that could be just the beginning of the rise in capex. AI is already driving some advances in the pace of scientific discovery, a trend that can be expected to continue. Imagine, for instance, if AI made water desalination cost-effective in many parts of the world. All of a sudden, there would be more demand to develop more parts of California, Arizona and Nevada. The US would build more real estate, using more energy in the process. Saudi Arabia, the UAE and many other places might do the same, boosting overall demand for investment yet higher.\u003c/p\u003e\u003cp\u003eDemand for space travel and satellite launches seems to be rising as well, partly because of AI. Software innovation has been driving a lot of progress on the hardware side. Less optimistically, AI-driven warfare and drone combat may rise in importance, as already is true in Ukraine and the Middle East right now. This is bad news that will nevertheless drive further investment.\u003c/p\u003e\u003cp\u003eIf enough of these trends come together in a short enough period of time, then real interest rates can be expected to rise. Demand to borrow and invest will go up, although savings will probably not rise proportionately, at least not in the short run. As societies age, they are spending down their accumulated wealth.\u003c/p\u003e\u003cp\u003eIf AGI is realized, it would be akin to the arrival of billions of potential workers into the global economy at roughly at the same time. That is a complicated scenario. But it is plausible that, over a relatively short period, it could boost investment by 5% or more of US GDP. There would also bet major investments to help human workers deal with the resulting adjustments and reallocations of their efforts.\u003c/p\u003e\u003cp\u003eIn practical terms: Expect a boom in the moving-van sector, as well as an expansion of government programmes for worker assistance. These and other similar forces will place further upward pressure on real interest rates.\u003c/p\u003e\u003cp\u003eMacroeconomics is never simple, as I said. So all this should be considered more a guess than a prediction. Still, it makes sense to be prepared for a reversal of the long-run trend of falling real interest rates—at least for several decades, until AI-driven progress creates more wealth to replenish stocks of savings, lowering real rates once again.\u003c/p\u003e\u003cp\u003eIn the meantime, be ready for change. Falling rates are not necessarily an iron law of economic history. 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musician T.M. Krishna has been known as a disruptor for nearly a decade now, and this time, his decision to accept an award from the Madras Music Academy has both his supporters and detractors in a huff. His detractors remain firm in their view that Krishna is destroying their carefully walled-in world of cultural superiority; his supporters are unsure about why he is returning to the fold when he has travelled so far.\u003c/p\u003e\u003cp\u003eWhile this debate animates a minuscule section of society, the Carnatic music ecosystem of Chennai could serve as an example to explain why inclusion is petrifying to some: Lead performers, concert organizers and even critics and arts writers come largely from the same caste, their centuries of social capital working to keep them in that position, even allowing them to keep others out. Until about a decade ago, journalists with the “wrong surname” who were covering the arts beat in Chennai were at times stonewalled by gatekeepers of the insular world of Carnatic music. The profiling can be sophisticated or direct. As a cub reporter in Chennai years ago, I have been asked gently leading questions by both organizers and musicians about my background, or more direct ones about my caste location. In a few cases, they’ve chosen not to share stories about their art, experience and practice because I am not from the same caste or because I’d chosen not to answer. To be sure, these instances cannot compare with what performers from marginalized communities have said they face.\u003c/p\u003e\u003cp\u003eThere may have been some easing of this bias against those who are merely observers of this world, as I was, but conscious exclusion remains and music and dance are tightly leashed. For practitioners who do not tick all the boxes, navigating the system can be near impossible. As recently as two years ago, an upper-caste writer published a review (which has since been edited) that questioned the merit of a show by a hereditary-caste performer because the dancer did not adhere to Brahminical notions of beauty, movement and symmetry. Late last year, another review on the same site hinted that a certain performer drew large audiences only on account of the individual’s caste identity. This review was also edited and republished after there was an outcry on social media.\u003c/p\u003e\u003cp\u003eThe Carnatic music world puts certain individuals, spaces and organizations on a pedestal and lays down their terms of engagement. True inclusion would require a ceding of power and an acknowledgement of one’s own complicity in perpetuating inequality. It is far easier to invoke ideas of respect and tradition to retain the status quo.\u003c/p\u003e\u003cp\u003eAcademia, politics, the corporate world and almost every other sphere of activity have been forced to confront caste, however imperfectly, and consider ways to work on inclusion, but the world of Carnatic music and Bharatanatyam seems to have shut itself off. The systemic alienation, erasure and snubbing of hereditary performing communities in an effort to create “pure” classical art forms has not been acknowledged. It often comes as a surprise to many that Sadir was appropriated and refashioned into Bharatanatyam. There are plenty of reliable and accessible sources for more information on this .\u003c/p\u003e\u003cp\u003eKrishna has written and spoken about some of this injustice, looking within to question an unfair social ecosystem that sustains Carnatic music, the role of creativity in such a structured form of classical art, the role of the arts in democracy, and more. This time, though, he has chosen not to explain why he is accepting an award when so little has changed since he first decided in 2015 not to perform during the Margazhi season, the string of Carnatic music concerts held every winter, and spoke out against its insular ways. He has since performed with fisherfolk and Jogappa artistes and made choices and statements that have enraged traditionalists.\u003c/p\u003e\u003cp\u003eA few years ago, Sadir practitioner Swarnamalya Ganesh, who, like Krishna, has plenty of social and cultural capital, acknowledged the following in an opinion piece for The News Minute in the context of dance: “Of course, if the attempt is by a well-accepted artiste, the norm itself often shifts to accommodate it.” This seems to be happening at the Music Academy now. Would a performer from another social bracket have been considered for this award by the institution under the same circumstances? Many performers, especially hereditary-caste performers, have been blacklisted for saying far less.\u003c/p\u003e\u003cp\u003eWhile the award does signal a nearly 100-year-old institution’s willingness to consider change, performers from other castes and communities still seem too few and far between. This entire storm over Krishna, the Music Academy and purported protectors of tradition, therefore, remains an esoteric argument among privileged upper-caste performers and connoisseurs about who should be “allowed” to play in “their” performance spaces. Those who have been kept on the sidelines and those whose art forms have been appropriated remain on the margins of this conversation on inclusion.\u003c/p\u003e\u003cp\u003eThe gap between intention and action remains a yawning one—and it will take more than signalling to bridge it.\u003c/p\u003e"},"image":null,"video":null,"liveBlog":null,"listicle":null,"listicleType":"","listicleArray":null,"listicleBulletType":null,"listicleHeadline":null,"indicesNew":null,"relatedStories":null,"collectionStories":null,"embed":null,"collectionPages":null,"elements":null,"listElement":null,"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"headline":"","summary":"","quickReadSummary":"","mobileHeadline":"","mobileAppNotificationHeadline":"","browserNotificationHeadline":"","facebookHeadline":"","subType":"","jsonSourceUrl":"","twitterHeadline":"","urlHeadline":"","leadMedia":null,"timeToRead":null,"linkStoryId":null,"introBody":"","webType":"","related":null,"showRelated":null,"newsletterHeadline":"","newsletterSummary":"","webStorySlide":null,"logoUrl":null,"logoPosition":null,"hasSlideImage":false,"hasSlideVideo":false,"hasLogoImage":false,"creditInfo":null,"altText":null,"metaTitle":null,"metaDescription":null,"keywords":null,"slideAnimation":"","sampleImagesIdList":[],"sampleImages":[],"personalisedSection":null,"personalisedSectionId":null,"paywallElement":false,"faqSectionHeading":null,"faqs":null,"tagline":null,"tabElements":null,"quiz":null,"poll":null,"bgParaColor":{"name":null,"code":null},"quoteDesign":"Bold","contentHeading":null,"steps":null}],"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"headline":"T.M. 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India's stock market is booming although domestic and foreign investors have become more circumspect about IPOs by Indian startups amid concerns of unrealistically high valuations of companies still making losses.\u003c/p\u003e\u003cp\u003eAlso read: \u003ca class=\"manualbacklink\" target=\"_blank\" href=\"https://www.livemint.com/companies/news/first-ambani-adani-pact-ril-picks-26-stake-in-adani-powers-mp-project-deal-pegged-at-rs-50-crore-between-rival-firms-11711638403771.html\"\u003eFirst Ambani-Adani pact: RIL picks 26% stake in Adani Power's MP project; deal pegged at  \u003cspan class='webrupee'\u003e₹\u003c/span\u003e50 crore between rival firms\u003c/a\u003e\u003c/p\u003e\u003cp\u003eFor the full fiscal year 2022-23, Swiggy made a loss of 41.8 billion rupee ($500 million), according to the document. But the company's lower wage payouts and cuts in marketing spending will help it trim losses for the full year 2023-24, a source with direct knowledge of the matter said, without wishing to be identified.\u003c/p\u003e\u003cp\u003eThe document showed that losses stood at 17.3 billion rupees $207 million during April to December 2023 - the first nine months of fiscal year 2023-24.\u003c/p\u003e\u003cp\u003eThat loss was on a revenue of $1.02 billion during the same period, compared with fiscal year 2022-23 revenue of $1.05 billion, the document showed.\u003c/p\u003e\u003cp\u003eSwiggy did not respond to queries seeking comment.\u003c/p\u003e\u003cp\u003eIndia's stock market has surged 28% over the past year and many companies plan listings, but they facing discerning investors.\u003c/p\u003e\u003cp\u003eDigital payments firm Paytm, still loss-making, has seen its shares drop by 80% since its 2021 listing, with the company facing criticism from analysts at the time for valuing itself too high.\u003c/p\u003e\u003cp\u003eAlso read: \u003ca class=\"manualbacklink\" target=\"_blank\" href=\"https://www.livemint.com/companies/fibe-seeks-fresh-funds-tr-capital-to-lead-with-50-million-infusion-11711628791348.html\"\u003eFibe seeks fresh funds, TR Capital to lead with $50 million infusion\u003c/a\u003e\u003c/p\u003e\u003cp\u003eSwiggy's rival \u003ca class=\"autobacklink-topic\" target=\"_blank\" href=\"https://www.livemint.com/market/market-stats/stocks-zomato-share-price-nse-bse-S0005117\" data-name=\"Zomato\"\u003eZomato\u003c/a\u003e also saw its shares nosedive after a 2021 listing but they have surged 45% this year after posting two successive quarterly profits.\u003c/p\u003e\u003cp\u003eSwiggy was valued at $10.7 billion by investors in 2022. It started with meal deliveries but has gradually expanded into delivering groceries and also provides restaurant 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Any divergence from this practice at initial stage must be backed by written reasons, the guidelines said.\u003c/p\u003e\u003cp\u003eThe new procedures are issued after extensive consultations at the DGGI Annual Conference held in Goa last November, said the official.\u003c/p\u003e\u003cp\u003eIn letters seeking information or documents from regular taxpayers, instead of referring to inquiry “against” an entity, the reference can be to inquiry \"with respect to\" that entity. Also, a summons should not be used as means to seek information filled in formats or pro forma.\u003c/p\u003e\u003cp\u003eVague or general expressions, such as 'GST enquiry' or 'evasion of GST' or 'GST evasion' etc should not be mentioned in the letter to a regular taxpayer. 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kaur","lastPublishedDate":"2024-03-28T17:15:41+0000","firstPublishedDate":"2024-03-28T17:14:53+0000","metadata":{"url":"","authors":[],"charCount":2896,"wordCount":508,"agency":"","status":"CREATED","tags":[],"keywords":null,"section":"","column":"","subSection":"","topic":[],"topicUrls":null,"alternateSection":[],"location":[],"markUnimportant":false,"breakingNews":false,"sponsored":false,"editedBy":[],"writtenBy":[],"reportedBy":[],"agencyByLine":[],"bigStory":false,"deleteMode":null,"redirectUrl":"","videoMetadata":null,"dynamicMeta":null,"alternateUrls":null,"externalUrl":"","subSectionL2":"","design":"","canonicalUrl":"","killed":false,"killedStatusCode":0,"audioSourceUrl":"","disclaimer":"","sponsoredTitle":"","storyType":null,"jsonSourceUrl":null,"subType":null,"syndicationFeed":false,"premiumStory":false,"metaTitle":"","metaDescription":"","ytMigrated":"","handpicked":false,"audienceTags":null,"autoBackLinked":false,"autoBackLinkCount":0,"totalLinkCount":0,"vdoAiUrl":"","aiContent":false,"removeAds":false,"contextualKeyword":null,"embedAmazonCount":0,"embedCromaCount":0,"embedFlipkartCount":0,"embedSnapdealCount":0,"relatedStoryTitle":null,"relatedStoryUrl":null,"additionalFields":null,"tableOfContentsHeading":null,"authorsList":null},"social":{"twitter":true,"facebook":true},"isDeleted":0,"webId":"","expiryDate":null,"listRelatedStories":null,"listCollectionStories":null,"listCollectionPages":null,"moreFromThisSection":null,"trending":null,"name":"paragraph","timestamp":"2024-03-28T15:19:28+0000","heading":null,"timeToComplete":0,"timeToCompleteinHrs":0,"tools":null,"supplies":null,"type":"paragraph","paragraph":{"body":"\u003cp\u003eIndia's history is much more complicated than black-and-white, said Congress MP Shashi Tharoor on Thursday while jumping in the debate with Kerala Chief Minister Pinarayi Vijayan. \u0026nbsp;\u003c/p\u003e\u003cp\u003eVijayan had said that the 'Bharat Mata Ki Jai' and 'Jai Hind' were first raised by two Muslims and challenged the Bharatiya Janata Party to renounce them.\u003c/p\u003e\u003cp\u003eThe Thiruvananthapuram MP gave a little background on both the slogans and said that Indian history is more complex than the BJP or Hindutva movement would like people to believe.\u0026nbsp;\u003c/p\u003e\u003cp\u003e“The fact is that we used to be a country where such distinctions did not matter so much,” Tharoor said.\u003c/p\u003e\u003ch2\u003e'Jai Hind'\u003c/h2\u003e\u003cp\u003eTharoor said the slogan ‘Jai Hind’ comes from Netaji Bose's aide-- a Muslim Colonel – who was accompanying in the fatal plane crash.\u0026nbsp;\u003c/p\u003e\u003cp\u003e\"Someone like Netaji Bose had amongst his closest aides people of every faith. He was accompanied by a Muslim Colonel in the fatal plane crash. That is the gentleman who had coined the phrase 'Jai Hind' for him,\" he said.\u003c/p\u003e\u003ch2\u003e'Bharat Mata ki Jai'\u003c/h2\u003e\u003cp\u003eThe \u003ca class=\"manualbacklink\" target=\"_blank\" href=\"https://www.livemint.com/politics/news/stop-pinning-blame-mallikarjun-kharge-pm-modi-vintage-congress-culture-remark-600-lawyers-cji-dy-chandrachud-judiciary-11711636808194.html\"\u003eCongress\u003c/a\u003e MP said that the slogan 'Bharat Mata ki Jai' was given by the Muslim aide of a Hindu Peshwa. “That's the way our country used to work,” he added.\u003c/p\u003e\u003cp\u003e\"'Bharat Mata ki Jai' goes back to the Muslim aide of a Hindu Peshwa. We were not always drawing distinctions on the basis of religion,\" he added.\u003c/p\u003e\u003cp\u003eArguing against reducing historical events to binary divisions based on religion, Tharoor urged for a more nuanced understanding of India's rich and diverse heritage.\u003c/p\u003e\u003cp\u003e“When you think of something like the Battle of Haldighati, who was fighting for the Maharana? Hakim Khan Sur, a Muslim general. Who was fighting for the Mughal Emperor? It was a Rajput King,” he said.\u003c/p\u003e\u003cp\u003e\"You have to understand that our history is much more complicated than the black-and-white versions that someone in the BJP or Hindutva movement would like you to believe,\" \u003ca class=\"manualbacklink\" target=\"_blank\" href=\"https://www.livemint.com/politics/news/lok-sabha-elections-2024-congress-candidate-list-jaipur-dialogues-sunil-sharma-shashi-tharoor-pratap-singh-khachariyava-11711293487171.html\"\u003eTharoor\u003c/a\u003e added.\u003c/p\u003e\u003ch2\u003eShashi Tharoor on CAA\u003c/h2\u003e\u003cp\u003eOn the Citizenship Amendment Act, Tharoor said it was an attempt to corner the Muslim vote, while emphasising that \u003ca class=\"manualbacklink\" target=\"_blank\" href=\"https://www.livemint.com/news/india/no-polygamy-child-marriage-himanta-sarma-sets-condition-for-bangladeshi-muslims-in-assam-11711284458203.html\"\u003eMuslims\u003c/a\u003e are educated and they would know what is going on.\u003c/p\u003e\u003cp\u003e\"I think it is very clear that they are making a brazen attempt to try and corner the Muslim vote. \u003ca class=\"manualbacklink\" target=\"_blank\" href=\"https://www.livemint.com/news/india/uniform-civil-code-people-are-jealous-of-muslims-right-of-polygamy-jokes-javed-akhtar-11710824831750.html\"\u003eMuslims\u003c/a\u003e are educated like everybody else. They will know what is going on,\" he said.\u003c/p\u003e\u003cp\u003eThe Centre on March 11 notified the rules for the \u003ca class=\"manualbacklink\" target=\"_blank\" href=\"https://www.livemint.com/politics/news/citizenship-amendment-act-caa-2019-local-pujari-eligibility-certificates-muslims-minorities-hindu-nationality-centre-11711598249155.html\"\u003eCAA\u003c/a\u003e bringing the act into force.\u003c/p\u003e\u003ch2\u003ePinarayi Vijayan on the slogans\u003c/h2\u003e\u003cp\u003eEarlier this week, \u003ca class=\"manualbacklink\" target=\"_blank\" href=\"https://www.livemint.com/news/india/ed-money-laundering-case-kerala-cm-pinarayi-vijayan-daughter-veena-illegal-payments-case-it-firm-exalogic-solutions-11711532821660.html\"\u003ePinarayi Vijayan\u003c/a\u003e, the Chief Minister of Kerala, said that \"Bharat mata ki Jai\" and \"Jai Hind\" were originally coined by two Muslims. He also challenged the BJP to renounce them.\u003c/p\u003e\u003cp\u003e\"Now, in some programmes we hear some Sangh Parivar leaders asking people to chant 'Bharat mata ki Jai'. Who coined the slogan Bharat mata ki jai? Was it some Sangh Parivar leader? I don't know if the Sangh Parivar knows this. His name is Azimullah Khan. I don't know if they know that he is not a Sangh Parivar leader,\" he said.\u003c/p\u003e\u003cp\u003e\u003ci\u003e(With agency inputs)\u003c/i\u003e\u003c/p\u003e"},"image":null,"video":null,"liveBlog":null,"listicle":null,"listicleType":"","listicleArray":null,"listicleBulletType":null,"listicleHeadline":null,"indicesNew":null,"relatedStories":null,"collectionStories":null,"embed":null,"collectionPages":null,"elements":null,"listElement":null,"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"headline":"","summary":"","quickReadSummary":"","mobileHeadline":"","mobileAppNotificationHeadline":"","browserNotificationHeadline":"","facebookHeadline":"","subType":"","jsonSourceUrl":"","twitterHeadline":"","urlHeadline":"","leadMedia":null,"timeToRead":null,"linkStoryId":null,"introBody":"","webType":"","related":null,"showRelated":true,"newsletterHeadline":"","newsletterSummary":"","webStorySlide":null,"logoUrl":null,"logoPosition":null,"hasSlideImage":false,"hasSlideVideo":false,"hasLogoImage":false,"creditInfo":null,"altText":null,"metaTitle":null,"metaDescription":null,"keywords":null,"slideAnimation":"","sampleImagesIdList":[],"sampleImages":[],"personalisedSection":null,"personalisedSectionId":null,"paywallElement":false,"faqSectionHeading":null,"faqs":null,"tagline":null,"tabElements":null,"quiz":null,"poll":null,"bgParaColor":{"name":"","code":""},"quoteDesign":"Bold","contentHeading":null,"steps":null}],"amazonAds":null,"flipkartAds":null,"cromaAds":null,"containAffiliateEmbed":false,"headline":"Shashi Tharoor echoes Kerala CM's 'Bharat Mata Ki Jai' remark: 'India's history more complicated than...'","summary":"‘The fact is that we used to be a country where such distinctions did not matter so much,’ Shashi Tharoor said.","quickReadSummary":"","mobileHeadline":"Shashi Tharoor echoes Kerala CM's 'Bharat Mata Ki Jai' remark","mobileAppNotificationHeadline":"Shashi Tharoor echoes Kerala CM's 'Bharat Mata Ki Jai' remark: 'India's history more complicated than...'","browserNotificationHeadline":"Shashi Tharoor echoes Kerala CM's 'Bharat Mata Ki Jai' remark: 'India's history more complicated than...'","facebookHeadline":"Shashi Tharoor echoes Kerala CM's 'Bharat Mata Ki Jai' remark: 'India's history more complicated than...'","subType":"","jsonSourceUrl":"","twitterHeadline":"Shashi Tharoor echoes Kerala CM's 'Bharat Mata Ki Jai' remark: 'India's history more complicated than...'","urlHeadline":"Shashi Tharoor Kerala CM Jai hind Bharat Mata Ki Jai India's history more 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