logo
DKS will become CM when time is right: Mandya MLA

DKS will become CM when time is right: Mandya MLA

Time of India13 hours ago
M
andya: Amid ongoing speculations about DCM DK Shivakumar becoming chief minister, Mandya MLA P Ravikumar asserted that his leadership will materialise when the time is right.
"138 MLAs stand firmly behind DK Shivakumar and Siddaramaiah. When time and circumstances align, he will certainly become the chief minister. Timing and opportunity bring results — he deserves the post and will take it when destined," he said.
Reacting to BJP state president Vijayendra's "revolution" remark, Ravikumar stated, "While they talk of revolutions, we believe in a mantra of peace. We avoid responding to opposition provocations.
The decision rests solely with the high command. Both the chief minister and deputy chief minister have clarified their positions, and MLAs support both leaders."
Dismissing reports about Congress MLAs being in contact with the BJP, he added, "We're not in touch with anyone. BJP attempted to lure our MLAs, even offering Rs 100 crore, but none defected. Having failed, they're now sitting quietly at home."
MySugar School project
"Regarding the proposed MySugar School project, instructions have been issued to the managing director to prepare a detailed blueprint within a month.
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Ingin Tahu Tentang Diagnosis Limfoma? Dapatkan Info Selengkapnya
Limfoma
Baca
Undo
by Taboola
by Taboola
The local MP has assured that they will personally approach higher authorities to secure necessary development funds. This proposal was discussed in the recent DISHA meeting, where it received approval," added Ravikumar.
He also said that the MySugar factory officially commenced sugar cane crushing operations from Tuesday itself. The crushing process is progressing smoothly, benefiting local farmers. Authorities have promised timely payments to farmers for their produce. "This season, the factory has set a target to crush 3 lakh tonnes of sugarc ane," said Ravikumar.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Markets await US CPI for tariff impact clues amid Trump's trade threats: Peter Cardillo
Markets await US CPI for tariff impact clues amid Trump's trade threats: Peter Cardillo

Time of India

time26 minutes ago

  • Time of India

Markets await US CPI for tariff impact clues amid Trump's trade threats: Peter Cardillo

"The higher end of the tariff scale is just a threat and we just have to wait and see whether or not they will be imposed or whether or not they will have an inflationary impact. But again, they are just negotiating starts and that most nations will work out a deal and whether or not we get 10% or 6% in tariff implementation of tariffs is yet to be seen but some sort of a deal will be worked out. I do not think that Trump will go ahead with these steep tariffs," says Peter Cardillo , Spartan Capital Securities . US President Donald Trump yesterday made some bold comments surrounding Russia. One, he said he is disappointed with Russian President Putin. And he also said that if they do not come out with a deal over the next 50 days, then severe tariffs could be imposed. How do you read this and do you expect the dust to settle down over a period of time? Peter Cardillo: Well, obviously President Trump is imposing steep tariffs, not only is he indicating to Russia that if a deal is not made within 50 days that tariffs will be 100%, but he is doing it with most other countries that letters were sent out. It is just a bargaining point. And of course, in the case of Russia, it might be a little bit different because we are not talking about tariffs on imported goods, but rather on the war factor. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo So, it is a question now whether or not Russia begins to think seriously on ending the war in Ukraine. And so, the more pressure that Trump puts on Russia along with other European nations, the greater the chances of some sort of a truce may happen. And let us not forget something very important that the Russian economy is in dire straits, so he really cannot afford steep tariffs nor can he afford more sanctions. So, there is a possibility that some sort of a truce could happen within the next 50 days. I wanted to understand your view on the tariffs that will be imposed starting August 1st on EU and Mexico as well. You did previously say that tariffs at these levels are unlikely to be implemented, but that August one deadline is looming. So, do you believe a resolution will be out before that or do you think these tariffs will be implemented at these levels? Peter Cardillo: Well, again, if I heard the question correctly because the audio is not that great, the situation with Mexico is like every other nation. However, Mexico did say that they have a contra plan and, of course, we have to see what this contra plan is all about and whether or not the administration accepts it. Live Events I believe there will be a deal with Mexico along with other major nations. It is just a question of what type of a deal. Do I believe that these steep tariffs that President Trump suggests that will be implemented on August 1st go through? I do not think so. They will be much less and then, of course there is the question of whether or not they will be met with a surge in tariff inflation. In fact, today we will be getting some inflation news that is the CPI and there could very well be some hint of whether or not inflation is beginning to emerge from some of the tariffs. But he has also made some comments on tariff on Russia and secondary tariffs on all those countries who buy Russian energy. Do you think that this is merely a threat and Trump is using it as a negotiating tool or perhaps could it translate into something concrete? Peter Cardillo: Well, it is a combination. It is a negotiating tool and it is also a way of Trump trying to bring together this trade war and lessen its burdens and this burden that could have on the global economy . So far, we have not seen any evidence of inflation popping up anywhere. We saw numbers out of India which suggest inflation continues to move lower and it all depends how steep these tariffs are going to be. So, so far, the higher end of the tariff scale is just a threat and we just have to wait and see whether or not they will be imposed or whether or not they will have an inflationary impact. But again, they are just negotiating starts and that most nations will work out a deal and whether or not we get 10% or 6% in tariff implementation of tariffs is yet to be seen but some sort of a deal will be worked out. I do not think that Trump will go ahead with these steep tariffs.

Nifty trades above 25,100 level; PSU Bank shares climb
Nifty trades above 25,100 level; PSU Bank shares climb

Business Standard

time26 minutes ago

  • Business Standard

Nifty trades above 25,100 level; PSU Bank shares climb

The key equity benchmarks continued to trade with minor gains in morning trade, supported by mild buying interest and favourable domestic data. Investors are assessing the domestic economic data, the tariff development, and ongoing corporate earnings. Nifty hovered above the 25,100 level. PSU Bank shares witnessed buying demand for second consecutive trading session. At 10:25 IST, the barometer index, the S&P BSE Sensex advanced 85.72 points or 0.10% to 82,342.16. The Nifty 50 index added 31.10 points or 0.13% to 25,114.70. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 0.25% and the S&P BSE Small-Cap index added 0.68%. The market breadth was strong. On the BSE, 2,498 shares rose and 1,101 shares fell. A total of 204 shares were unchanged. GM Breweries (up 0.24%), HDB Financial Services(down 0.07%), HDFC Life Insurance company (up 0.37%), Himadri Special Chemicals(up 1.99%), ICICI Lombard General Insurance(up .04%), ICICI Prudential Insurance(down 0.39%), Just Dial (up 2.20%) will declare their results alter today. Economy: Indias retail inflation, measured by the Consumer Price Index (CPI), cooled to a multi-year low of 2.10% in June 2025, thanks to a sharp dip in food prices. The data, released by the Ministry of Statistics and Programme Implementation (MoSPI) on Monday, 14 July 2025, marks the lowest year-on-year inflation rate since January 2019. For comparison, CPI inflation stood at 2.82% in May 2025 and 5.08% in June 2024. Buzzing Index: The Nifty PSU Bank index rose 1.36% to 7,172.85. The index jumped 2.09% for the two consecutive trading sessions. Punjab & Sind Bank (up 1.99%), UCO Bank (up 1.17%), State Bank of India (up 1.07%), Punjab National Bank (up 0.85%), Indian Overseas Bank (up 0.83%), Bank of Maharashtra (up 0.77%), Bank of Baroda (up 0.69%), Canara Bank (up 0.42%), Central Bank of India (up 0.42%) and Bank of India (up 0.16%) jumped. Stocks in Spotlight: RailTel Corporation of India rose 1.93% after the company secured an order worth Rs 264 crore from East Central Railway for the implementation of the Kavach system, the indigenous Train Collision Avoidance System (TCAS). MIC Electronics jumped 2.91% after the company has received a letter of acceptance (LoA) worth Rs 1.28 crore from the Palakkad division S and T, railway divisional office, Kerala.

Odisha student who self-immolated over harassment inaction cremated; congress-led opposition calls bandh on 17th
Odisha student who self-immolated over harassment inaction cremated; congress-led opposition calls bandh on 17th

New Indian Express

time28 minutes ago

  • New Indian Express

Odisha student who self-immolated over harassment inaction cremated; congress-led opposition calls bandh on 17th

NEW DELHI: The body of the college student who set herself ablaze following alleged sexual harassment by a professor reached her village in Odisha's Balasore district on Tuesday. The student's body was cremated in the presence of her family and other villagers. Thousands of people thronged the crematorium ground to attend her cremation. Balasore MP Pratap Sarangi, district officials and others walked to the crematorium ground from the house of the student. The 20-year-old second-year B. Ed student of Fakir Mohan (Autonomous) College, Balasore had accused the Head of Education Department, Samira Kumar Sahu of sexually harassing her. She set herself on fire on Saturday on the college campus over alleged inaction against the professor and suffered 95 per cent burns. The woman was first admitted to the Balasore district hospital and then shifted to AIIMS Bhubaneswar for advanced treatment. Odisha Chief Minister Mohan Charan Majhi on Tuesday announced ex gratia of Rs 20 lakh for the family of the student. Majhi directed officers concerned to conduct a proper investigation into the incident so that all guilty are punished in accordance with the law, according to a statement issued by the Chief Minister's Office (CMO). Condemning the Odisha BJP government, eight opposition parties, led by the Congress, called an Odisha bandh on July 17 to protest the death of the student. State Congress president Bhakta Charan Das said the bandh is being supported by eight parties, including the Left. He claimed the incident, which happened at the Fakir Mohan (Autonomous) College in Balasore, showed that the state government has failed to protect women. "She brought petrol, and everyone watched silently. No one acted," he said, attacking the ruling BJP.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store