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Indian Express
8 hours ago
- Politics
- Indian Express
‘Request you to examine yourself': Chair Jagdambika Pal adjourns House until Monday amid Oppn sloganeering
Lok Sabha was adjourned for the day within a few minutes of reconvening at 2 pm Friday, despite Chair Jagdambika Pal's repeated appeals, which were drowned by sloganeering and interruptions from protesting opposition MPs. Seeking to remind Opposition members that repeated adjournments of the House were 'not an achievement' but a loss for everyone involved, especially the people of India, Pal appealed to them to take their places, referring to the scheduled proceedings related to 200 Private Members Bills to no avail. 'I request you to examine yourself: whose favour is this chaos in?… The people will not certainly benefit from it. The people who sent you to this House to discuss and find solutions to the difficulties they face,' said Pal. 'This day is for you…200 Private Member Bills… Which are as important as any Bill the government itself brings, are scheduled to be tabled… They are your Bills,' he added. This was followed by Pal's nod for the taking up of The Readjustment of Representation of Scheduled Tribes in Assembly Constituencies of the State of Goa Bill, 2024, for further consideration, and passing in Lok Sabha by Minister of Law and Justice Arjun Ram Meghwal. Responding to the interruptions during the process, Meghwal asked if the Opposition was against these communities in the state since it was refusing to allow the discussion to take place. Addressing the protesting MPs again, Pal sought to underscore that there appeared to be no improvement in the state of affairs in the House, despite Speaker Om Birla's all-party meeting during the adjournment period. Asking them to seek the opinion of their constituents on whether their current conduct was why they had been elected, Pal said, '…ask them whether they want to see you indulge in hungama or expect you to discuss the sorrows and problems of the people.' 'What is this deadlock triggered by? You want the government to answer your questions, the government is ready to,' he said, pointing to enthusiastic approval from Meghwal. With no seeming avenue of a debate on the Bill in sight amid the din, Pal adjourned Lok Sabha proceedings until 11 am Monday, July 28. Jatin Anand is an Assistant Editor with The Indian Express. Over the last 15 years, he has covered bureaucracy & politics, crime, traffic & intelligence, the Election Commission of India & Urban Development among other beats. He is an English (Literature) graduate from Zakir Husain Delhi College, DU & specialised in Print at the Asian College of Journalism (ACJ), Chennai. He tweets @jatinpaul ... Read More
The Print
8 hours ago
- Politics
- The Print
Lok Sabha adjourned for the day due to persistent Opposition protests over SIR
Jagdambika Pal, who was in the chair after the House met at 2 PM, rebuked the opposition MPs for repeated disruptions despite government's assurance that it was willing to answer on all issues. It was for the fifth straight day that no significant legislative business transacted. New Delhi, Jul 25 (PTI) Lok Sabha proceedings were adjourned for the day on Friday as Opposition protests continued over the revision of electoral rolls in Bihar, capping the Monsoon session's first week which has been washed out. 'Nobody is benefiting from this ruckus. People have sent you to raise their issues you are disrupting the House. Getting the House adjourned is not an achievement, it is a matter of concern and the whole country is harmed by it,' Pal told protesting opposition MPs who rushed to the Well of the House raising slogans against Special Intensive Revision (SIR) of electoral rolls in Bihar and demanding a discussion on the issue. Law Minister Arjun Ram Meghwal said, 'The Readjustment of Representation of Scheduled Tribes in Assembly Constituencies of the State of Goa Bill, 2024' is a very important bill concerning Scheduled Tribes (STs) that should be taken up for discussion. 'It is a very important bill. Are they (opposition) against the STs?' Meghwal said. Pal said it was a day when private member bills of MPs were to be discussed and it was not right to disrupt the House. 'The government is ready to discuss all issues. The Speaker has taken the initiative. Government is ready to answer on all whole week has been washed out. The people of the country have some expectations but you dont wan't this House to run,' Pal told the protesting MPs. As the opposition MPs continued with their protests, Pal adjourned the House for the day. Earlier, the Question Hour in the Lower House was disrupted for a fifth straight day since the Monsoon session of Parliament commenced on July 21. Soon after the House convened for the day, Opposition members sought to raise the issue of electoral rolls revision in Bihar and many of them were standing in the aisle. Speaker Om Birla told the protesting members to allow the Question Hour to continue and stressed that even when there are disagreements, those should be expressed within the democratic traditions. While mentioning that sloganeering and display of placards in the House is not appropriate, Birla also said that he can call the government and Opposition representatives, and help in discussions and sorting out the issues. As the protests continued, the Speaker adjourned the proceedings within five minutes till 2 pm. The opposition is demanding a discussion on SIR of electoral rolls in Bihar, an exercise initiated by the Election Commission ahead of the state assembly polls due later this year. The House also paid tributes to the fallen soldiers in the Kargil War, a day ahead of the 26th Kargil Vijay Diwas on Saturday. As a mark of respect, the House also stood in silence for a brief while. PTI ASK PK RAM ASK DV DV This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
News18
9 hours ago
- Politics
- News18
Lok Sabha adjourned for the day due to persistent Opposition protests over SIR
New Delhi, Jul 25 (PTI) Lok Sabha proceedings were adjourned for the day on Friday as Opposition protests continued over the revision of electoral rolls in Bihar, capping the Monsoon session's first week which has been washed out. It was for the fifth straight day that no significant legislative business transacted. Jagdambika Pal, who was in the chair after the House met at 2 PM, rebuked the opposition MPs for repeated disruptions despite government's assurance that it was willing to answer on all issues. 'Nobody is benefiting from this ruckus. People have sent you to raise their issues you are disrupting the House. Getting the House adjourned is not an achievement, it is a matter of concern and the whole country is harmed by it," Pal told protesting opposition MPs who rushed to the Well of the House raising slogans against Special Intensive Revision (SIR) of electoral rolls in Bihar and demanding a discussion on the issue. Law Minister Arjun Ram Meghwal said, 'The Readjustment of Representation of Scheduled Tribes in Assembly Constituencies of the State of Goa Bill, 2024' is a very important bill concerning Scheduled Tribes (STs) that should be taken up for discussion. 'It is a very important bill. Are they (opposition) against the STs?" Meghwal said. Pal said it was a day when private member bills of MPs were to be discussed and it was not right to disrupt the House. 'The government is ready to discuss all issues. The Speaker has taken the initiative. Government is ready to answer on all whole week has been washed out. The people of the country have some expectations but you dont wan't this House to run," Pal told the protesting MPs. As the opposition MPs continued with their protests, Pal adjourned the House for the day. Earlier, the Question Hour in the Lower House was disrupted for a fifth straight day since the Monsoon session of Parliament commenced on July 21. Soon after the House convened for the day, Opposition members sought to raise the issue of electoral rolls revision in Bihar and many of them were standing in the aisle. Speaker Om Birla told the protesting members to allow the Question Hour to continue and stressed that even when there are disagreements, those should be expressed within the democratic traditions. While mentioning that sloganeering and display of placards in the House is not appropriate, Birla also said that he can call the government and Opposition representatives, and help in discussions and sorting out the issues. As the protests continued, the Speaker adjourned the proceedings within five minutes till 2 pm. The opposition is demanding a discussion on SIR of electoral rolls in Bihar, an exercise initiated by the Election Commission ahead of the state assembly polls due later this year. The House also paid tributes to the fallen soldiers in the Kargil War, a day ahead of the 26th Kargil Vijay Diwas on Saturday. As a mark of respect, the House also stood in silence for a brief while. PTI ASK PK RAM ASK DV DV view comments First Published: July 25, 2025, 14:45 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
2 days ago
- Business
- Time of India
Corporate bond curve in 3–6-year segment offers investment opportunity amid rate cut hopes: PGIM India MF
The 3–6-year segment of the corporate bond curve presents a favorable investment opportunity in the current interest rate environment, according to Puneet Pal, Head of Fixed Income at PGIM India Mutual Fund. With the Reserve Bank of India maintaining an accommodative stance to support economic growth, the focus remains on ensuring effective transmission of policy rate cuts and keeping banking liquidity at comfortable levels. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like War Thunder - Register now for free and play against over 75 Million real Players War Thunder Play Now Undo PGIM India Mutual Fund expects average CPI inflation for FY26 to be approximately 50 basis points lower than the RBI's projection, increasing the likelihood of further rate cuts. 'Given these conditions, the 3–6-year corporate bond curve, particularly AAA-rated PSU bonds, looks attractive. The current spread of 60–70 basis points between 5-year PSU bonds and equivalent government securities is appealing, especially when banking system liquidity remains in surplus,' said Pal. In addition to the 3–6-year corporate bond space, PGIM India MF sees a tactical opportunity at the longer end of the yield curve. 'Yields on 30-year bonds have remained unchanged over the past year, creating potential for value buying,' Pal noted. Investment Strategy: Short-term and dynamic bond funds Investors are advised to continue allocating to short-term or corporate bond funds with portfolio maturities of up to six years, while remaining tactical with duration via dynamic bond funds . Live Events PGIM India recommends an investment horizon of 12–18 months. Money market instruments with up to one-year maturities also offer attractive risk-reward profiles, the fund house said. Looking ahead, PGIM India expects the 10-year benchmark bond yield to remain in the range of 6.10% to 6.50% over the next month. Indian debt market update Bond yields trended lower through July, driven by better-than-expected inflation data. The 10-year bond yield closed at 6.36% on July 18, down 2.5 basis points since the start of the month, while the long-duration segment outperformed as 30-year and 40-year bond yields fell by 10 basis points. India's June CPI inflation came in at 2.10%, below market expectations of 2.25%, driven largely by falling food prices. Core inflation (excluding food, beverages, and fuel) rose slightly to 4.4%. PGIM India expects FY26 CPI inflation to average around 3%, well below the RBI's 3.7% forecast, raising the probability of another 25 basis points policy rate cut by December 2025. WPI inflation declined to -0.13%, marking the lowest level since October 2023. Meanwhile, India's goods trade deficit narrowed to USD 18.8 billion in June, supported by a sharp decline in oil and gold imports. The services trade surplus remained steady at USD 15.3 billion. Monsoon conditions have also been supportive. Cumulative rainfall stood 12% above the long-term average as of mid-July, leading to higher sowing across key Kharif crops like rice, pulses, coarse cereals, and oilseeds. International markets Globally, bond yields continued to remain elevated as debt concerns dominated the narrative, along with the continued strength of the US economy. The US benchmark 10-year bond yield ended the week at 4.42%, 19 basis points higher than the month's starting level of 4.23%. Long-end Japanese bond yields also rose, with the 30-year bond yield touching a high of 3.15%. Chinese CPI turned positive after five months, rising 0.1% year-on-year.
Hans India
3 days ago
- Politics
- Hans India
LS, RS adjourned amid Oppn protests
New Delhi: Both Houses of Parliament were adjourned for the day on Tuesday amid protests by INDIA bloc members who raised slogans and waved placards against the ongoing voter list revision in Bihar and calling for a discussion on Operation Sindoor. Both houses will meet at 11 AM on Wednesday, the third day of monsoon session of Parliament. Union Parliamentary Affairs Minister Kiren Rijiju slammed the Opposition for what he called double-standards. 'They (Opposition) are demanding discussion, and we are ready for it. Then why are they not allowing the House to function?' the minister said. "This double-standards is wrong. If you want discussion, then do not create ruckus. The government has said that we are ready for discussion. You are wasting public money," he said, speaking between the Opposition protest on the floor of the House on Tuesday. The Opposition on Tuesday forced adjournments in the Lok Sabha by raising slogans and waving placards against the ongoing voter roll revision in Bihar and calling for a discussion on Operation Sindoor. Opposition members trooped to the Well of the Lok Sabha on the second day of the Monsoon session of Parliament, demanding a rollback of the Special Intensive Revision (SIR) exercise initiated by the Election Commission in Bihar ahead of assembly polls scheduled for later this year. When the House re-convened at 12 noon, BJP member Jagdambika Pal, who was in the chair, urged the floor leaders of the opposition parties to ask their members to return to their seats and allow the House to function. "The government is ready to discuss any issue which the Speaker allows as per the rules. I appeal to you to go back to your seats," said Union Law Minister Arjun Ram Meghwal. Pal also urged Opposition members not to show placards and instead give in writing their demands at the meetings of the Business Advisory Committee. As ruckus continued, Pal adjourned proceedings till 2 PM. The House was later adjourned for the day as the protests continued. Similar scenes were witnessed in the Rajya Sabha too. Earlier, when Lok Sabha House met at 11 am, Opposition MPs, including Congress, were on their feet, demanding discussion on the special intensive revision (SIR) of electoral rolls in Bihar and Operation Sindoor. Agriculture Minister Shivraj Singh Chouhan appealed to the opposition members to go back to their seats so that the House can take up questions related to farmers during the designated time of Question Hour. Speaker Om Birla intervened and told the opposition MPs that sloganeering and showing placards lowered the dignity of the House. He later adjourned the House till 12 noon. The House could not function on the first day of the session on Monday due to repeated adjournments following opposition protests over the demand of discussion on Operation Sindoor.
