City New Delhi Financial News

INDIA bloc's show in the Lok Sabha polls, Shiv Sena (UBT) president Uddhav Thackeray on Tuesday pushed for staking a claim to form the next government at the Centre and said the opposition alliance's leaders will meet on Wednesday in New Delhi to decide on the Prime Minister's face.

Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) secured a simple majority in the 543-member Lok Sabha. The election results announced on June 4, however, indicated that the NDA has not achieved the landslide victory that most exit polls had predicted.The NDA was hovering around 292 seats as on 9 pm, according to Election Commission of India numbers. The opposition INDIA bloc was leading in 232 seats, again belying all exit poll predictions.

NEW DELHI : The 2024 general elections will probably go down as the one that saw the coming of age of opposition parties in leveraging alternative media—YouTubers, independent journalists, social-media influencers—in the jostle for gaining political mileage. At last count, the Indian National Developmental Inclusive Alliance (INDIA) had clocked in 41.47% of all votes, right behind the National Democratic Alliance’s (NDA's) 45.13%.

West Bengal Chief Minister Mamata Banerjee on Tuesday said Prime Minister Narendra Modi should immediately resign «accepting the moral defeat» because he campaigned in the Lok Sabha polls claiming that the BJP would win over 400 seats but in reality, it failed to get a majority on its own. Addressing a press conference, Banerjee said she would try to ensure that Modi is out of power from the Centre, and the "INDIA bloc is in".

Binance has terminated cash payments for peer-to-peer (P2P) cryptocurrency trades in India, a move intended to bolster compliance and align with regulatory standards.

New Delhi: Capital markets regulator Sebi on Monday launched mobile app 'Saa ₹thi 2.0' on personal finance for investors with comprehensive tools aimed at simplifying complex financial concepts."The updated 'Saa ₹thi' app introduces a user-friendly interface with comprehensive tools aimed at simplifying complex financial concepts," Sebi said in a statement.The app includes financial calculators and has modules that introduce and explain KYC procedures, mutual funds, ETFs, buying and selling shares on stock exchanges, investor grievances redressal mechanism, and the Online Dispute Resolution (ODR) platform.Additionally, the app features a range of videos designed to assist investors in their personal finance planning."In today's era, where social media sometimes provides biased or misleading information, there is a significant need for an unbiased, objective, and trusted source of investment information," Ananth Narayan G, Whole Time Member, said during the launch."The Saa ₹thi app serves this purpose by empowering investors with reliable and essential insights into the securities market. This tool can be especially useful for young investors who are at the beginning of their financial journey."The content within the app is dynamic, allowing us to keep pace with the rapidly evolving market conditions.

oath-taking ceremony of the next Prime Minister of India. The restrictions will remain in force from June 1 to July 30 (including both dates). 1.

withdrawn Rs 2,000 banknotes are still in circulation, about eight months after the deadline to deposit or exchange them at bank branches was over.

Business in India," Jonathan Hymer, the Minister Counsellor for Commercial Affairs at the United States Embassy in New Delhi, welcomed Alexander Slater, the Managing Director of the US India Business Council, to discuss the evolving business landscape in India post-pandemic.

ALSO READ: CEC reacts to Congress' claim against Shah 'influencing' 150 ROs: 'Not right...'Sonia along with Rahul Gandhi paid floral tributes to former Tamil Nadu chief minister K Karunanidhi at the DMK office in New Delhi on Monday.The majority of the exit polls on Sunday predicted that the BJP-led NDA will win the Lok Sabha elections 2024. According to India Today-Axis My India exit polls, NDA is expected to win 361-401 Lok Sabha seats, while the INDIA bloc is expected to win 131-166 seats.The Republic PMarq exit poll predicted 359 of 543 seats for the NDA and 154 seats for the INDIA bloc.The NewsX Dynamics gave 371 seats to the NDA and 125 seats to the INDIA bloc.Earlier, Congress leader Jairam Ramesh termed the exit polls as a "Psychological game" and said that there will be a huge difference in exit polls and results on June 4.ALSO READ: Exit polls predict Modi 3.0: Sharekhan lists top stocks for short and long term“The outgoing PM, the person who will have to leave for sure on June 4 has conspired all these things and has managed the exit polls.

Stock market today: After the end of Lok Sabha Election 2024 on Saturday last week, and most of the Exit Polls predict the third term for the Narendra Modi government in New Delhi, the Indian stock market is expected to remain volatile on Monday. On Friday last week, frontline Indian indices ended marginally higher after erasing most of its early morning losses.

NEW DELHI : The politically sensitive matter of minimum support price (MSP) for crops in the coming sowing season will get top billing in the new government’s agenda when it takes charge, two people aware of the development said. “The MSP for kharif crops will be the first important decision that the next government will take in its cabinet meeting," the first person said. Kharif crops, or monsoon crops, are sown in June-July and harvested in October, barring Tur (arhar), a long-duration crop that is harvested in December-January.

Crypto traders in India can no longer cut 'cash deals' on Binance, the world's largest cryptocurrency exchange. Until recently, local punters could use the 'escrow service' offered by the offshore exchange to post a buy or sell order on the exchange platform and close a transaction by making payment in rupees here. Besides standard payment options like online fund transfers or UPI, traders had the flexibility to settle a trade through physical delivery of cash as well as depositing cash in a bank account.

Buy or sell stocks for today: After the end of Lok Sabha Election 2024 on Saturday last week, and the majority of the Exit Polls predicting the third term for the Narendra Modi government in New Delhi, the Indian stock market is expected to extend to remain volatile on the penultimate day of the Lok Sabha Election results date. On Friday last week, frontline indices of the Indian stock market ended marginally higher after erasing most of its early morning losses.

NEW DELHI : Car dispatches to dealers rose moderately in May, as India's automobile market enters a period of seasonally slow sales. During the month, wholesale shipments grew a modest 4.4% to cross 350,000 from a year earlier, data released by manufacturers showed. As intense heat waves in May kept potential buyers at home and the nation got busy with the general election, retail sales fell from April, but were flat from a year earlier.

NEW DELHI:Food Safety and Standards Authority of India (FSSAI), in consultation with the Union Ayush ministry, has drafted licensing and logistics norms for businesses that can manufacture and sell food products under the Ayurveda Aahara category, and will shortly release the guidelines, two topofficials said.Ayurveda Aahara (diet) food products don't contain drugs or medicinal products, but have ingredients that are believed to promote health. Ayurveda Aahara was notified in 2022 and includes five categories and around 800 ayurvedic recipes, and the norms governing their manufacture will be launched post elections, one of the officials said.The regulations define “Ayurveda Aahara" as food prepared in accordance with the recipes or ingredients or processes as per methods described in the authoritative books of Ayurveda, and listed under ‘Schedule A’ of the FSSAI regulations.“Ayurveda is now a global matter and there’s huge value to it. We must look at it from the commerce perspective.

Patna: Ahead of the announcement of Lok Sabha poll results on June 4, Bihar Chief Minister Nitish Kumar on Sunday left for the national capital, where he is likely to stay for the next couple of days. Some senior JD (U) leaders, on condition of anonymity, said the party supremo may meet top BJP leaders during his visit to New Delhi.

AAP leader Somnath Bharti on Saturday declared that he will shave his head if Narendra Modi secures the prime minister's position for a third consecutive term and BJP-led NDA returns to form the government in the world's largest democracy.

India Meteorological Department (IMD) has forecasted a thunderstorm accompanied by rain in Delhi for Sunday, with the maximum temperature expected to reach approximately 43 degrees Celsius.

exit poll 2024 predictions, Somnath Bharti, AAP leader and New Delhi Lok Sabha candidate, claimed that people have heavily voted against BJP this year and ‘he will shave off his head if Mr Modi becomes PM for the third time’.Taking to X, Bharti says, I will shave off my head if Mr Modi becomes PM for the third time. Mark my word!“All exit polls will be proven wrong on 4th June and Modi ji will not become prime minister for the third time.

Also Read | Delhi residents chase water tanker amid severe water crisis & heatwaves The experts also recommended that the Surface Instrument Division in Pune examine and calibrate the AWS temperature sensors periodically for all the AWS. It also recommended a Factory Acceptance Test in different temperatures and routine maintenance of the AWS installed nationwide.“If possible, a third-party audit should be done to authenticate the data quality of AWS.