As Chandrababu Naidu clinches victory in Andhra Pradesh and pledges to reinstate Amaravati as the state capital, the local property market is now experiencing a resurgence. The latest developments in the region have sparked optimism and enthusiasm, heralding a new era of growth and prosperity for Amaravati’s real estate sector. With the recent change in government Amaravati is experiencing a remarkable ‘V-shaped’ recovery, with property prices surging to Rs 40,000-50,000 per square yard. Property Consultants anticipates a shift in investor focus from Hyderabad to Amaravati, with prices expected to escalate…
Month: June 2024
Naveen Patnaik Addresses Election Setback, Denies VK Pandian as Successor, and Refutes Health Concerns
The Biju Janata Dal suffered a defeat in the Odisha assembly polls at the hands of the Bharatiya Janata Party, putting an end to the 24-year-old reign of Naveen Patnaik. Naveen Patnaik broke his silence, addressing the electoral setback and dispelling speculations surrounding VK Pandian’s role as his successor. Patnaik offered reassurances regarding his health amid ongoing concerns. In an exclusive interview with ANI, Patnaik displayed characteristic grace in accepting the people’s verdict. Amidst lingering speculations regarding VK Pandian’s potential succession, Patnaik clarified that Pandian is not his designated successor.…
Enhanced Security Measures and Dignitary Arrivals: Delhi Prepares for Narendra Modi’s Swearing-in Ceremony
Delhi on high alert for PM Modi’s swearing-in Multi-layered security with paramilitary, NSG, drones, snipers Special security arrangements and routes for dignitaries from hotels to venue With Prime Minister Narendra Modi’s swearing-in ceremony imminent, Delhi braces itself for a day of historical significance and heightened security measures. As dignitaries from SAARC nations converge upon the capital to witness this momentous occasion, preparations are underway to ensure a seamless and secure event. Security arrangements for the ceremony at Rashtrapati Bhawan are being meticulously orchestrated, drawing parallels to the stringent protocols observed…
Elon Musk Extends Congratulations to PM Modi, Expresses Eagerness for Business Ventures in India
In the aftermath of the BJP-led NDA’s resounding victory in the Lok Sabha Elections 2024, Elon Musk, the visionary CEO of Tesla and SpaceX, conveyed his felicitations to PM designate Narendra Modi. Musk’s congratulatory gesture assumes significance amidst mounting speculation surrounding Tesla’s potential entry into the Indian market, alongside the anticipated launch of Starlink services. Musk’s interaction with PM Modi dates back to June 2023, during his visit to New York, where discussions regarding Tesla’s potential foray into the Indian market took place. Expectations were high for Musk to announce…
Chandrababu Naidu’s Election Victory Boosts Heritage Foods Stock, Family Fortune Soars by Rs 858 Crore
In the wake of TDP chief Chandrababu Naidu’s resounding success in the Andhra Pradesh assembly and Lok Sabha elections, the stock of Heritage Foods, a company linked to Naidu’s family, witnessed an unprecedented surge. Established in 1992, Heritage Foods has carved a niche for itself as a leading player in India’s dairy industry, specializing in value-added and branded dairy products. In the aftermath of Naidu’s electoral triumph, Heritage Foods experienced a remarkable upswing in its stock value, soaring by an astounding 55 percent over the course of five trading sessions.…
Media Icon Ramoji Rao, Pioneer of Eenadu & Ramoji Film City, Passes Away at 87
Ramoji Rao, the media magnate behind Ramoji Film City, passed away in Hyderabad. The realms of Indian media and entertainment are shrouded in mourning as the news of Cherukuri Ramoji Rao’s passing reverberates through the nation. Born on November 16, 1936, Rao’s journey epitomizes the quintessential rags-to-riches narrative, where sheer determination and a thirst for innovation propelled him to the pinnacle of success. At the heart of Rao’s legacy lies Ramoji Film City, an expansive marvel sprawled across 2,000 acres in Hyderabad. Ramoji Film City emerged as a testament to…
Sujata R Karthikeyan Takes Extended Leave Amid Speculation Surrounding High-profile Couple in Odisha Politics
After the BJD’s electoral defeat in both the assembly and Lok Sabha polls, the conspicuous absence of VK Pandian, has left many questioning the future trajectory of the state’s political landscape. VK Pandian’s wife and IAS officer Sujata Karthikeyan has decided to go on leave for nearly six months. The official notification elucidated that Sujata’s leave, categorized as ‘Child Care’ leave, commences from May 31 and extends till November 26. Merely a month before taking leave, Sujata was transferred from her position in the Department of Mission Shakti to the…
Taiwan Rebukes China’s Protest: Defends Cordial Exchange with PM Modi
Following President Lai Ching-te’s congratulatory message to PM Modi on his electoral victory, the Indian leader reciprocated with gratitude and expressed eagerness for closer ties. In response to PM Modi’s remarks, China lodged a vehement protest, insisting that India resist Taiwan’s “political calculations.” Taiwan has staunchly defended its recent “cordial exchange” with Indian Prime Minister Narendra Modi, drawing sharp criticism from China. The standoff highlights the complex interplay of geopolitical forces in the Indo-Pacific region, where nations navigate alliances and rivalries to safeguard their interests. In a diplomatic tussle between…
Nepal Recalls Ambassadors from 11 Nations (Including India) Amid Political Turmoil: Here’s the Situation Explained
The Nepalese government has recalled ambassadors from 11 countries, including significant ones like India and the United States. The ambassadors in question were initially appointed under the quota of the Nepali Congress party. Prime Minister Prachanda, who had formed a coalition government with the Nepali Congress, decided to terminate the alliance and join forces with KP Sharma Oli. Reports suggest that Foreign Minister Shrestha opposed the unilateral decision to recall the ambassadors, arguing that some of them had performed well. The recall of ambassadors adds to the political turmoil in…
Sensex Hits Record High as RBI’s Growth Forecast Sparks Market Rally
Sensex Soars to New Heights RBI’s Growth Projection Boosts Sentiment Sectoral Surge Led by Interest Rate Sensitive Stocks Tech and Banking Stocks Lead the Charge Real Estate and Auto Sectors Shine Political Controversy on stock market crash on Election result day. Rahul Gandhi demanded a JPC probe. The Sensex, India’s benchmark stock index, surged to unprecedented heights, marking a remarkable recovery from recent setbacks triggered by political developments and election uncertainties. The surge came on the heels of the Reserve Bank of India’s (RBI) optimistic GDP growth forecast for the…