Business Standard Podcast

In the seventh episode of Business Standard’s politics podcast, The Chessboard, host Ankur Bhardwaj and Political Editor, Archis Mohan discuss the final phase of voting that will take place on Sunday, 19 May. 59 Lok Sabha constituencies will elect their MPs on 19 May and this includes the 13 seats in the state of Punjab. A little over two years after assembly elections in 2017, how is the political situation in the state? Can AAP retain its four seats in the state? Can Shiromani Akali Dal make its presence felt? Or is it the Congress party in pole position? As we get closer to the day of the results, political leaders around the country are meeting their peers in other parties. The Telangana CM, K C Rao met DMK boss, Stalin recently. Is a political realignment happening in India in anticipation of the results? The Prime Minister was in the news for his comments on advising the Indian Air Force to attack Balakot in cloudy conditions and for his statement on the use of emails and digital cameras in the late 1980s. Tune in for a detailed discussion on these issues. For more exciting news and insights from the world of politics, follow The Chessboard by subscribing to the Business Standard channel on Spotify and Google Podcast.

In the seventh episode of Business Standard’s politics podcast, The Chessboard, host Ankur Bhardwaj and Political Editor, Archis Mohan discuss the final phase of voting that will take place on Sunday, 19 May. 59 Lok Sabha constituencies will elect their MPs on 19 May and this includes the 13 seats in the state of Punjab. A little over two years after assembly elections in 2017, how is the political situation in the state? Can AAP retain its four seats in the state? Can Shiromani Akali Dal make its presence felt? Or is it the Congress party in pole position? As we get closer to the day of the results, political leaders around the country are meeting their peers in other parties. The Telangana CM, K C Rao met DMK boss, Stalin recently. Is a political realignment happening in India in anticipation of the results? The Prime Minister was in the news for his comments on advising the Indian Air Force to attack Balakot in cloudy conditions and for his statement on the use of emails and digital cameras in the late 1980s. Tune in for a detailed discussion on these issues. For more exciting news and insights from the world of politics, follow The Chessboard by subscribing to the Business Standard channel on Spotify and Google Podcast.

(MNM) founder Kamal Haasan has stoked a possible controversy, saying free India's first "terrorist was a Hindu," referring to Nathuram Godse who killed Mahatma Gandhi. Addressing an election campaign here last night, the actor-politician said he was one of those "proud Indians" who desires an India with equality and where the "three colours" in the tricolour, an obvious reference to different faiths, "remained intact."  "I am not saying this because this is a Muslim-dominated area, but I am saying this before a statue of Gandhi. Free India's first terrorist was a Hindu, his name is Nathuram Godse. There it (terrorism, apparently) starts," he said. Haasan said he had come here "seeking answers for that murder," referring to Gandhi's assassination in 1948. "Good Indians desire for equality and want the three colours in the tricolour to remain intact. I am a good Indian, will proudly proclaim that," he added Listen to this podcast for more...

(MNM) founder Kamal Haasan has stoked a possible controversy, saying free India's first "terrorist was a Hindu," referring to Nathuram Godse who killed Mahatma Gandhi. Addressing an election campaign here last night, the actor-politician said he was one of those "proud Indians" who desires an India with equality and where the "three colours" in the tricolour, an obvious reference to different faiths, "remained intact."  "I am not saying this because this is a Muslim-dominated area, but I am saying this before a statue of Gandhi. Free India's first terrorist was a Hindu, his name is Nathuram Godse. There it (terrorism, apparently) starts," he said. Haasan said he had come here "seeking answers for that murder," referring to Gandhi's assassination in 1948. "Good Indians desire for equality and want the three colours in the tricolour to remain intact. I am a good Indian, will proudly proclaim that," he added Listen to this podcast for more...

US-China trade tensions will be the biggest driver for indices on Tuesday along with volatile crude oil prices and March quarter earnings. China on Monday retaliated against Washington’s decision to hike tariff on $200 billion worth of Chinese goods and ordered higher tariffs on $60 billion of US goods. Consumer price index (CPI) inflation, which touched a six month high of 2.92 per cent in April, is likely to weigh on investor sentiment. Wholesale price index (WPI) inflation numbers, due for release today, is also expected to inch up. The domestic equity market fell for the ninth consecutive session on Monday. The S&P BSE Sensex tumbled 372 points to settle at 37,091 levels, while the Nifty50 plummeted 131 points to give up 11,200 mark and close at 11,148. The rupee closed at Rs 70.52 per dollar, down 61 paise against Friday’s close of Rs 69.91. CORPORATE RESULTS Of the 60 companies that are scheduled to announce their Q4 earnings for 2018-19, Indian Bank, Nestle India, Union Bank of India and Zee Entertainment will be in focus. GLOBAL CUES Shares in Asia extended losses on Tuesday following sharp falls on Wall Street overnight as the trade war between two major world economies escalated. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.4 per cent, touching its lowest level since February 15. Australian shares were also down by 1.2 per cent while Japan’s Nikkei stock index slid 1.9 per cent. On Monday, the Dow Jones Industrial Average fell 2.38 per cent to 25,325, the S&P 500 lost 2.41 per cent to 2,812 and the Nasdaq Composite dropped 3.41 per cent to 7,647 levels. OIL PRICES Oil prices inched higher on Tuesday. At 07:00 am, Brent crude futures were trading at $70.31 a barrel, up 0.11 per cent while WTI futures were ruling at $61.16, up 0.20 per cent.

US-China trade tensions will be the biggest driver for indices on Tuesday along with volatile crude oil prices and March quarter earnings. China on Monday retaliated against Washington’s decision to hike tariff on $200 billion worth of Chinese goods and ordered higher tariffs on $60 billion of US goods. Consumer price index (CPI) inflation, which touched a six month high of 2.92 per cent in April, is likely to weigh on investor sentiment. Wholesale price index (WPI) inflation numbers, due for release today, is also expected to inch up. The domestic equity market fell for the ninth consecutive session on Monday. The S&P BSE Sensex tumbled 372 points to settle at 37,091 levels, while the Nifty50 plummeted 131 points to give up 11,200 mark and close at 11,148. The rupee closed at Rs 70.52 per dollar, down 61 paise against Friday’s close of Rs 69.91. CORPORATE RESULTS Of the 60 companies that are scheduled to announce their Q4 earnings for 2018-19, Indian Bank, Nestle India, Union Bank of India and Zee Entertainment will be in focus. GLOBAL CUES Shares in Asia extended losses on Tuesday following sharp falls on Wall Street overnight as the trade war between two major world economies escalated. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.4 per cent, touching its lowest level since February 15. Australian shares were also down by 1.2 per cent while Japan’s Nikkei stock index slid 1.9 per cent. On Monday, the Dow Jones Industrial Average fell 2.38 per cent to 25,325, the S&P 500 lost 2.41 per cent to 2,812 and the Nasdaq Composite dropped 3.41 per cent to 7,647 levels. OIL PRICES Oil prices inched higher on Tuesday. At 07:00 am, Brent crude futures were trading at $70.31 a barrel, up 0.11 per cent while WTI futures were ruling at $61.16, up 0.20 per cent.

Indian Premier League 2019 (IPL 2019), the 12th edition of the T20 cricket extravaganza, ended on Sunday, with Mumbai Indians beating arch rivals MS Dhoni-led Chennai Super Kings in a last-ball thriller to clinch their fourth title.   From R Ashwin’s 'Mankading', which raised a debate over ‘spirit of the game’, to questionable umpiring that had CSK captain MS Dhoni losing his cool, we saw it all happening in the 12th IPL edition. In episode 1 of BS on Ground, a Business Standard podcast on talking points from the world of sports, we discuss all these and more. We look at what went wrong for Virat Kohli’s Royal Challengers Bangalore and how the Delhi franchise emerged as one of the top performers after adding 'Capitals' and omitting 'Daredevils' to their name. Know all about the player who stood out in IPL 2019 with their vital contributions and how the Indian team going for ICC World Cup 2019 looks. For more exciting news and insights from the world of sports, follow BS on Ground by subscribing to the Business Standard channel on Spotify and Google Podcast.

Indian Premier League 2019 (IPL 2019), the 12th edition of the T20 cricket extravaganza, ended on Sunday, with Mumbai Indians beating arch rivals MS Dhoni-led Chennai Super Kings in a last-ball thriller to clinch their fourth title.   From R Ashwin’s 'Mankading', which raised a debate over ‘spirit of the game’, to questionable umpiring that had CSK captain MS Dhoni losing his cool, we saw it all happening in the 12th IPL edition. In episode 1 of BS on Ground, a Business Standard podcast on talking points from the world of sports, we discuss all these and more. We look at what went wrong for Virat Kohli’s Royal Challengers Bangalore and how the Delhi franchise emerged as one of the top performers after adding 'Capitals' and omitting 'Daredevils' to their name. Know all about the player who stood out in IPL 2019 with their vital contributions and how the Indian team going for ICC World Cup 2019 looks. For more exciting news and insights from the world of sports, follow BS on Ground by subscribing to the Business Standard channel on Spotify and Google Podcast.

A last hour sell-off prompted the benchmark indices to end lower for the ninth consecutive session that also marked the markets' longest losing streak in over eight years. The S&P BSE Sensex tumbled 372 points, or 0.99 per cent lower, to end the day at 37,091, with Sun Pharma, YES Bank, Tata Steel, IndusInd Bank, and Tata Motors being the biggest losers. Only six of the 30 BSE constituents ended the day in green.  The NSE Nifty 50 fared worse, plummeting 131 points, or 1.16 per cent, to give up 11,200 and settle at 11,148 levels. About 1,429 stocks declined and 352 shares advanced on the NSE.   The broader markets were worse-off, with the S&P BSE MidCap index sliding 1.84 per cent, or 265 points, to close at 14,125, while the S&P BSE SmallCap index fared the worst, down 304 points, or 2.15 per cent at 13,802 levels. Except the Nifty IT index, all the sectoral indices ended in the red, with Nifty PSU Bank index (down 5 per cent), Nifty Pharma index (down 4.37 per cent), and Nifty Media (down 3.78 per cent), taking the deepest cuts. BUZZING STOCKS Shares of State Bank of India (SBI) were trading 2 per cent higher at Rs 314 during the early morning trade on Monday, after the bank reported healthy March quarter numbers for 2018-19 before ending the day 0.42 per cent lower at Rs 306.75.    Eicher Motors slipped 7.69 per cent to Rs 18,766.35 apiece on the BSE on Monday, after the company reported weak operational performance during the March quarter of 2018-19 (Q4FY19). The EBITDA (earnings before interest, tax, depreciation and amortization) margin contracted to 27.4 per cent, down 164 basis points on sequential basis and 415 bps on yearly basis.  Shares of Delta Corp, which is engaged in casino gaming business, plunged almost 13 per cent at Rs 186.40 on Monday on the back of heavy volumes. Earlier in the day. the stock hit its lowest level of Rs 182 since September 25, 2017. 

A last hour sell-off prompted the benchmark indices to end lower for the ninth consecutive session that also marked the markets' longest losing streak in over eight years. The S&P BSE Sensex tumbled 372 points, or 0.99 per cent lower, to end the day at 37,091, with Sun Pharma, YES Bank, Tata Steel, IndusInd Bank, and Tata Motors being the biggest losers. Only six of the 30 BSE constituents ended the day in green.  The NSE Nifty 50 fared worse, plummeting 131 points, or 1.16 per cent, to give up 11,200 and settle at 11,148 levels. About 1,429 stocks declined and 352 shares advanced on the NSE.   The broader markets were worse-off, with the S&P BSE MidCap index sliding 1.84 per cent, or 265 points, to close at 14,125, while the S&P BSE SmallCap index fared the worst, down 304 points, or 2.15 per cent at 13,802 levels. Except the Nifty IT index, all the sectoral indices ended in the red, with Nifty PSU Bank index (down 5 per cent), Nifty Pharma index (down 4.37 per cent), and Nifty Media (down 3.78 per cent), taking the deepest cuts. BUZZING STOCKS Shares of State Bank of India (SBI) were trading 2 per cent higher at Rs 314 during the early morning trade on Monday, after the bank reported healthy March quarter numbers for 2018-19 before ending the day 0.42 per cent lower at Rs 306.75.    Eicher Motors slipped 7.69 per cent to Rs 18,766.35 apiece on the BSE on Monday, after the company reported weak operational performance during the March quarter of 2018-19 (Q4FY19). The EBITDA (earnings before interest, tax, depreciation and amortization) margin contracted to 27.4 per cent, down 164 basis points on sequential basis and 415 bps on yearly basis.  Shares of Delta Corp, which is engaged in casino gaming business, plunged almost 13 per cent at Rs 186.40 on Monday on the back of heavy volumes. Earlier in the day. the stock hit its lowest level of Rs 182 since September 25, 2017. 

From R.Ashwin's mankading  to Mumbai Indians claiming the top position, Indian Premier League (IPL) 2019 not only saw intense sporting action but also witnessed a fair share of drama and controversies. We take a look at five moments of the Indian Premiere League 2019. Listen to this podcast for more.

From R.Ashwin's mankading  to Mumbai Indians claiming the top position, Indian Premier League (IPL) 2019 not only saw intense sporting action but also witnessed a fair share of drama and controversies. We take a look at five moments of the Indian Premiere League 2019. Listen to this podcast for more.

Developments in the US-China trade dialogues, corporate earnings and inflation data for April will guide investment sentiment this week. Besides, crude oil prices and movement of rupee against the US dollar will also be closely tracked.  The S&P BSE Sensex ended 96 points, or 0.26 per cent, lower at 37,463 levels on Friday. The broader index Nifty50 gave up the crucial 11,300 mark and slipped 23 points, or 0.20 per cent, at 11,279. On a weekly basis, the Sensex lost 3.8 per cent while Nifty shed 3.6 per cent. The rupee closed at Rs 69.91 per dollar on Friday. Q4 RESULTS AND CORPORATE DEVELOPMENT More than 400 companies are scheduled to declare their March quarter earnings for the financial year 2018-19 this week. Of these, HDFC, Idea, ITC, Zee Media, Bajaj Finance and Muthoot Finance will be in focus. This apart, all eyes will be on L&T's open offer for Mindtree. Market regulator Sebi is yet to give its nod to the open offer that was set to commence on May 14. If it doesn't give its approval to the company, the open offer cannot start. LOK SABHA ELECTIONS Lok Sabha polls will continue to dominate investors' thinking. While 59 Lok Sabha constituencies voted on May 12, the last phase will take place on May 19. The votes will be counted on May 23. GLOBAL CUES US stock futures fell and Asian shares slipped in early trade on Monday. MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 0.2 per cent, nearing its two-month low marked on Thursday. Japan’s Nikkei average sunk as much as 1 per cent to hit its lowest level since March 28. US President Donald Trump tweeted late on Sunday that the United States was “right where we want to be with China,” adding that Beijing “broke the deal” and then sought to renegotiate. The US indices closed in the green on Friday. BRENT CRUDE Oil futures edged down on Monday, pressured by fears over global economic growth amid a standoff in Sino-US trade talks. Brent crude futures were at $70.49 a barrel at 5:43 am, down 0.2 per cent, from their last close.

Developments in the US-China trade dialogues, corporate earnings and inflation data for April will guide investment sentiment this week. Besides, crude oil prices and movement of rupee against the US dollar will also be closely tracked.  The S&P BSE Sensex ended 96 points, or 0.26 per cent, lower at 37,463 levels on Friday. The broader index Nifty50 gave up the crucial 11,300 mark and slipped 23 points, or 0.20 per cent, at 11,279. On a weekly basis, the Sensex lost 3.8 per cent while Nifty shed 3.6 per cent. The rupee closed at Rs 69.91 per dollar on Friday. Q4 RESULTS AND CORPORATE DEVELOPMENT More than 400 companies are scheduled to declare their March quarter earnings for the financial year 2018-19 this week. Of these, HDFC, Idea, ITC, Zee Media, Bajaj Finance and Muthoot Finance will be in focus. This apart, all eyes will be on L&T's open offer for Mindtree. Market regulator Sebi is yet to give its nod to the open offer that was set to commence on May 14. If it doesn't give its approval to the company, the open offer cannot start. LOK SABHA ELECTIONS Lok Sabha polls will continue to dominate investors' thinking. While 59 Lok Sabha constituencies voted on May 12, the last phase will take place on May 19. The votes will be counted on May 23. GLOBAL CUES US stock futures fell and Asian shares slipped in early trade on Monday. MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 0.2 per cent, nearing its two-month low marked on Thursday. Japan’s Nikkei average sunk as much as 1 per cent to hit its lowest level since March 28. US President Donald Trump tweeted late on Sunday that the United States was “right where we want to be with China,” adding that Beijing “broke the deal” and then sought to renegotiate. The US indices closed in the green on Friday. BRENT CRUDE Oil futures edged down on Monday, pressured by fears over global economic growth amid a standoff in Sino-US trade talks. Brent crude futures were at $70.49 a barrel at 5:43 am, down 0.2 per cent, from their last close.

Benchmark indices ended Friday's volatile session in the red, thus recording fall for the eighth straight day and third consecutive week, as investors remained cautious ahead of the US-China trade negotiation outcome. The benchmark S&P BSE Sensex ended the day 96 points, or 0.26 per cent, lower at 37,463, with Tata Consultancy Services (TCS), HCL Tech, Tata Steel, IndusInd Bank and Infosys contributing the most to the indice's fall. Twenty-one of the 30 constituents of BSE ended the session with losses. The broader index Nifty50 gave up the crucial 11,300 mark and slipped 23 points, or 0.20 per cent, at 11,279. About 1,187 shares advanced, 1,270 shares declined, and 162 shares were unchanged.  On a weekly basis, Sensex and Nifty post biggest weekly loss since October 2018, falling over 3 per cent each. Among sectoral indices, both Nifty IT and Nifty Metal dipped more than 1 per cent. However, Nifty PSU Bank gained 2.5 per cent, the highest among the gainers. The broader indices fared better than their benchmark peers with the S&P BSE MidCap index ending 34 points, or 0.24 per cent, higher at 14,390, while the S&P BSE SmallCap index was ruling at 14,106, up 29 points or 0.21 per cent. BUZZING STOCKS HCL Technologies slipped over 4 per cent to Rs 1,08.05 on the BSE after the company announced a 100 basis point (bps) cut in the estimated operating margin (OM) for FY20 as against FY19.   State Bank of India (SBI) shares rose nearly 3 per cent to Rs 308.05, bouncing back from day's low of Rs 292 in intra-day trade on the BSE, after the bank reported improvement in assets quality in last quarter of financial year 2018-19 (Q4FY19)