Parliament's Monsoon session has not been prorogued for 88 days, exceeding the previous record of 87 days. This situation raises the possibility of convening Parliament for discussions, especially regarding the Women's Reservation Bill. The government keeps options open for an extended session, which requires just two days' notice. In contrast, initiating a new session would necessitate a minimum of 14 days' notice.
Four Nifty500 stocks closed over 1% below their VWAPs on November 8, signalling weakness relative to their average traded prices during the session.
Telangana Chief Minister Revanth Reddy has set a goal to empower one crore women in Self Help Groups. He emphasized the importance of women's financial independence and education for their children, particularly daughters. Additionally, the government is introducing various programs to support women's entrepreneurship and job opportunities. Reddy criticized the opposition leader for his alleged failure in women's empowerment initiatives.
Rupee is expected to open in the 93.92-93.98 range, traders said, after settling at 93.9050 to the dollar on Friday
The diplomats signalled the Democrats' gains could narrow the White House's room for manoeuvre but warned against expecting a return to traditional US multilateralism while foreign policy remains very much under Trump's control.
The US Treasury has requested Iraq to close most border crossings with Iran for increased economic pressure. Iraqi Foreign Minister Fuad Hussein mentioned the challenges of implementing these closures due to economic concerns. Currently, Iraq is negotiating with the US regarding the border situation. Recently, Iraq closed the Sheeb border crossing for security and anti-smuggling measures. The discussions reflect ongoing tensions between the US and Iran affecting Iraq's border policies.
Trump has suggested a potential collaboration with Democrats to reach an immigration agreement. He has also said that while deporting criminals is important, he is open to measures allowing some immigrants to stay.
Union Minister of State for Petroleum and Natural Gas Suresh Gopi said Karnataka and Kerala were free to test petrol samples for ethanol content but cautioned against politicising the issue. His remarks followed Karnataka's claim of detecting higher ethanol levels in petrol and Kerala's decision to conduct similar tests.
Union minister HD Kumaraswamy has accused officials in Karnataka's Hassan district of demanding bribes to clear crusher-related files and land conversion proposals. Releasing 15 pages of purported WhatsApp conversations, he alleged Rs 60 lakh was sought for three files and Rs 75 lakh paid to secure an official's continuation in a post.
