कोशिश गोल्ड - मुक्त

Ties tested, bond intact

Business Standard

|

October 13, 2025

The BJP-JDS alliance in Karnataka appears to be fraying at the edges ahead to the crucial civic polls, even as Modi and Deve Gowda share a strong rapport. Aditi Phadnis elaborates

- Aditi Phadnis

Last week, H D Deve Gowda held a press conference to denounce the state Congress government’s handling of the floods in North Karnataka.

‘The 92-year-old founder of the Janata Dal Secular, former Prime Minister, and former Karnataka Chief Minister used the occasion to make another point: “There will be no threat to the (National Democratic) Alliance in any polls, including panchayat and assembly. My relationship with PM Narendra Modi will never change. Our ties are good, and in the past 10 years, I have never once spoken lightly of him.”

He added, as if to underscore the JDS’s political autonomy, that the party aimed to win 50-60 seats in the forthcoming civic polls in Bengaluru. ‘The signal to party workers and political observers was clear: While the alliance between the Bharatiya Janata Party (BJP) and the JDS might experience strain, the personal rapport between the two leaders was solid, and any attempt to upset that balance would be risky.

Deve Gowda’s message was strategically timed. Friction between the allies, who came together in September 2023, is becoming increasingly visible. The latest point of divergence was the invitation extended by the Congress government to Booker Prize winner Banu Mushtaq to inaugurate the world-famous Mysuru Dasara festival. The BJP reacted sharply. “I personally respect Banu Mushtaq for her achievement. It is acceptable when she chairs the Akhila Bharata Kannada Sahitya Sammelana, but not Dasara, a Hindu religious event which starts with offering pooja to Goddess Chamundeshwari. Does she have faith in Chamundeshwari Devi? Is she following our traditions?” BJP leader and former Mysuru MP Pratap Simha told reporters in Mysuru. On X, Union minister Shobha Karandlaje described the invitation as an “insult to Hindu sentiments.”

Business Standard से और कहानियाँ

Business Standard

Women in a new India

Shinjini Kumar's debut book is a timely work of narrative nonfiction that reframes contemporary India’s economic story through women’s lives beyond the bustling metros.a

time to read

3 mins

February 11, 2026

Business Standard

Business Standard

Missing synergy

India needs to forge greater coherence among its military, academia and industry to build a pipeline of world-class defence technologies

time to read

6 mins

February 11, 2026

Business Standard

Titan net zooms 61% to ₹ 1,684 cr

Leading jewellery and watchmaker Titan on Tuesday reported 60.84 per cent increase in consolidated net profit at ₹1,684 crore for December quarter FY26, led by the domestic jewellery business.

time to read

1 mins

February 11, 2026

Business Standard

Japan’s Thatcher

Ms Takaichi offers a new vision of Japan - Sanae Takaichi’s landslide victory in the snap polls over the weekend is likely to profoundly alter the dynamics of Japanese politics and Indo-Pacific geopolitics.

time to read

2 mins

February 11, 2026

Business Standard

Business Standard

'US trade deal has eased uncertainty around India's growth outlook'

Private consumption in India is likely to keep growing over 7 per cent but further interest rate cuts are unlikely over the next year, says US-based Aditya Bhave, senior US economist at BofA Global Research. In an email interview, he tells Puneet Wadhwa that with the US midterm elections in November, the firm expects trade policy to pivot to a more supportive stance for growth. Edited excerpts:

time to read

4 mins

February 11, 2026

Business Standard

Banks reap windfall from surplus liquidity arbitrage

Commercial banks are borrowing from the overnight market and parking the funds in the Reserve Bank of India’s (RBI's) standing deposit facil-ity (SDF), exploiting a widening spread between the two as the central bank has stayed away from absorbing surplus liquidity through variable rate reverse repo (VRRR) auctions.

time to read

3 mins

February 11, 2026

Business Standard

Sebi may tighten scrutiny of IPO, QIP proceeds

Threshold to appoint monitoring agency could be lowered to ₹50 crore.

time to read

2 mins

February 11, 2026

Business Standard

Business Standard

Dixon’s valuation factors in multiple headwinds

Brokerages have mixed views on performance of EMS major

time to read

2 mins

February 11, 2026

Business Standard

On India-US table: Locking in duty-free e-transmissions

TRADE DEAL: FACT SHEET BY WHITE HOUSE

time to read

2 mins

February 11, 2026

Business Standard

Business Standard

Managing expenditure

Not just revenue spending, even capital expenditure needs to be closely monitored

time to read

4 mins

February 11, 2026

Listen

Translate

Share

-
+

Change font size