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Stock market strategy: After a sixth phase of polling in Lok Sabha Election 2024, poll pundits are busy assessing the Lok Sabha Election outcome on 4th June 2024. However, stock market experts are also active as they zero in on the segments that may outperform the average market returns in the short, medium, or long term.

(This story originally appeared in on May 27, 2024)

NEW DELHI:The National Company Law Appellate Tribunal (NCLAT) has upheld Adani Goodhomes' resolution plan to take over the bankrupt real estate company Radius Estates, rejecting challenges from creditors and debenture holders, including ICICI Prudential Venture Capital Fund and Beacon Trusteeship. Monday's decision affirms the earlier orders by the Mumbai bench of the National Company Law Tribunal (NCLT), which had approved the resolution plan and dismissed allegations of foul play and collusion.Creditors had claimed that the resolution professional (RP), Jayesh Sanghrajka, and HDFC Ltd, the largest creditor, colluded, leading to only one bid being received.

NEW DELHI:New Delhi: A high-ranking British delegation has cancelled its visit to New Delhi ahead of general elections in the UK, two persons aware of the development said, throwing talks on a planned free trade agreement into uncertainty.British prime minister Rishi Sunak has called elections on 4 July.Also read | The team was scheduled to arrive on Tuesday (28 May) to finalize terms on contentious issues such as work visas for Indians, duty relaxations, and imports of British-made electric vehicle, they said.New Delhi had been hopeful of progress on the trade agreement with the UK, frequently sending out teams of Indian officials to London for talks.The most recent was in the second week of May, during which the Indian deputy chief negotiator returned with reports of significant advances on mobility—an Indian demand—and electric vehicles.“The British officials have cancelled their visit without providing a 'specific reason. It is assumed that the announcement of elections may have led to the cancellation of their trip," one of those cited above said.“The deal was progressing very positively.

NEW DELHI : Traditional life insurance plans, often known as endowment policies, are frequently marketed as investment products. However, with growing awareness about the importance of separating insurance and investment, many policyholders are now questioning whether to continue with their existing plans or surrender them. This decision is not straightforward, as the cash value received upon surrender is usually significantly lower than the premiums paid.

Modi — then chief minister of business-friendly Gujarat state — rode an electoral wave to the prime ministership in New Delhi, many expected that he would be far more supportive of the private sector than previous Indian leaders. As a candidate, Modi was quoted as saying: “I believe government has no business to do business,” and one of the many slogans of that 2014 campaign was “minimum government, maximum governance.” That seemed as close to laissez-faire Thatcherism as one could reasonably expect in India. Nobody who looked closely at Modi’s tenure in Gujarat, however, believed this easy narrative. His proudest achievement there was turning around the state government’s own public-sector companies, particularly in the energy sector. And that’s been his focus in national office as well. In one recent interview, when asked to cite an example of how the markets should react to his expected re-election, he pointed specifically and solely to how he had revived the stock prices of public-sector companies. Modi wasn’t wrong. State firms have done better than India’s benchmark Sensex index for three years straight, and look likely to do so again this year. They have regularly traded at a premium to their private peers.

Sauce VC, which has backed new-age luggage brand Mokobara, healthy foods startup The Whole Truth and petcare firm Supertails, has launched its third fund with a target to raise Rs 250 crore, founder and managing partner Manu Chandra told ET. The New Delhi-based investment firm received clearance from the Securities and Exchange Board of India (Sebi) a few weeks ago for the new fund, Chandra said, adding that it aims to back 15-16 consumer brands in their early stages.

BJP nominee for Buxar Mithilesh Tiwari is in a meeting with a restive group of disenchanted youth. There are growing reports of shifting loyalties of the young voters, particularly Brahmins. Speculation is rife that the youth in this constituency were showing an inclination to join the camp of independent candidate and ex-IPS officer Anand Mishra. One by one, they stood and spoke directly with Tiwari.

India has recorded a trade deficit, the difference between imports and exports, with nine of its top 10 trading partners, including China, Russia, Singapore, and Korea, in 2023-24, according to official data. The data also showed that the deficit with China, Russia, Korea, and Hong Kong increased in the last fiscal compared to 2022-23, while the trade gap with the UAE, Saudi Arabia, Russia, Indonesia, and Iraq narrowed. The trade deficit with China rose to USD 85 billion, Russia to USD 57.2 billion, Korea to USD 14.71 billion and Hong Kong to USD 12.2 billion in 2023-24 against USD 83.2 billion, USD 43 billion, USD 14.57 billion and USD 8.38 billion, respectively, in 2022-23. China has emerged as India's largest trading partner with USD 118.4 billion of two-way commerce in 2023-24, edging past the US.

stolen goods on the road, the thieves use some perilous stunts to sit back on the moving bike, and the truck driver has no idea what happened.The social media users looked impressed with the bravery and drama of the thieves as they drew parallels with the plot of the Dhoom series and Fast and Furious. “So this is what happens when you combine dhoom and Fast n furious," one user said. Some even questioned why the truck driver is driving slow on a empty road.

Narendra Modi stayed in April 2023, Radisson Blu Plaza in Mysuru, is considering legal action because his bills of ₹80.6 lakh have not been paid, The Hindu reported. PM Modi was in Mysuru to celebrate the 50th anniversary of Project Tiger, organized by the National Tiger Conservation Authority (NTCA) and the Ministry of Environment, Forest and Climate Change (MoEF).The State Forest Department was told to organise an event from April 9 to 11, costing ₹3 crore with full funding from the Central government.

Delhi on Saturday, with people queuing up outside booths across the city from early morning to escape the summer heat. The early morning voters included Union ministers S Jaishankar and Hardeep Singh Puri, Delhi Minister Atishi, outgoing East Delhi MP Gautam Gambhir, and candidates of different parties.

Jaishankar, Hardeep Singh Puri, Atishi, Bansuri Swaraj, Harsh Malhotra, and others, cast their votes in Delhi. Besides these, Delhi Police Commissioner Sanjay Arora and former India Cricketer Gautam Gambhir also voted today.President Droupadi Murmu showed her inked finger after casting her vote for general elections 2024 at a polling booth in Delhi today.After casting a vote at a polling booth in the national capital, Jaishankar showed his inked finger and said, “We have just cast our vote, and I was the first male voter in this booth.

Lok Sabha elections, covering 58 seats spread over six states and the union territories of Delhi and Jammu and Kashmir will be held on Saturday. Among the prominent candidates in the fray are former chief ministers Mehbooba Mufti (Jammu and Kashmir) and Manohar Lal Khattar (Haryana), union ministers Dharmendra Pradhan, Rao Inderjit Singh and Krishan Pal Gurjar, Deepender Hooda, industrialist Naveen Jindal, Bansuri Swaraj, Manoj Tiwari, Kanhaiya Kumar, Bhartruhari Mahtab, JP Aggarwal States where polling will be held in the sixth phase are Bihar (8 seats), Haryana (10), Jharkhand (4), Odisha (6), Uttar Pradesh (14), West Bengal (8), Delhi (7). Polling will also be held in Anantnag-Rajouri seat of Jammu and Kashmir where Mufti is the PDP candidate. The Election Commission had postponed polling on this seat from the third to the sixth phase due to logistical reasons owing to adverse climate conditions. Unlike in 2014 and 2019 when BJP had won all seven seats in Delhi, this time the battle is not easy for the saffron party as AAP and Congress have joined hands with the former contesting four seats and the latter three. In the prestigious Chandni Chowk seat, Congress candidate and veteran leader JP Aggarwal is said to be the frontrunner. Mahabal Mishra, a former Congressman now in AAP, is the INDIA candidate from West Delhi and is seen as a strong candidate.

NEW DELHI:The Union finance ministry on Friday exuded confidence about India's economic resilience, amid global conflicts and commodity price spikes. Positive indications in the farm sector like the prediction of a normal monsoon and stabilizing food prices will help the country “firewall against any adverse pressures" from such external factors in the coming months, the ministry's monthly economic review said.The April review by the ministry's Department of Economic Affairs said that while a normal monsoon will stabilize food prices, strong macroeconomic buffers will help the economy navigate external headwinds smoothly and continue the growth momentum of the previous fiscal year (FY24).According to government estimates, India is expected to report a GDP (gross domestic product) growth of at least 7.6% during FY24, which would be the fastest in any major global economy.

electoral legacy like no other constituency in Delhi. From greats like Sucheta Kripalani to Atal Bihari Vajpayee and even L K Advani, this constituency, even this time will play a key role in the ongoing Lok Sabha elections. The 2019 polls saw Bharatiya Janata Party's (BJP) Meenakshi Lekhi emerge victorious, beating Congress' Ajay Makan. This time, the battle is all set to take stage on May 25 between the saffron party's debutant Bansuri Swaraj, daughter of former external affairs minister Sushma Swaraj, and Aam Aadmi Party's (AAP) Somnath Bharti.

NEW DELHI : Broken and deformed spectacles? Fancy frames itching your skin? Fret not - Stringent standards to manufacture eyewear are on way, aiming to enhance consumer safety and eye health. The new standards, on par with international guidelines, will include strict test methods to make unglazed spectacle frames, two people aware of the matter said. Frames must withstand deformation and lens dislodgement under specified test conditions, ensuring mechanical stability in daily use.

Also Read: Three richest candidates in Phase 6Kurukshetra seat: BJP's Naveen Jindal, AAP's Sushil Gupta and INLD's Abhay Singh Chautala are in the frayRohtak seat: BJP's Arvind Sharma is contesting against Congress' Deepender Singh Hooda.New Delhi seat: Late Sushma Swaraj's daughter Bansuri Swaraj is contesting against Aam Aadmi Party's Somnath Bharti.North East Delhi: BJP's Manoj Tiwari is pitted against Kanhaiya Kumar of CongressSultanpur seat: Menaka Gandhi is contesting against Samajwadi Party's Ram Bhual Nishad and the Bahujan Samaj Party's (BSP) Uday Raj Verma.Karnal seat: Ex-CM Manohar Lal Khattar is contesting against Congress candidate Divyanshu Budhiraja.Puri seat: BJP's Sambit Patra is contesting against Congress' Jainarayan Patnaik and BJD's Arup Patnaik.Milestone Alert! Livemint tops charts as the fastest growing news website in the world

1. Bansuri Swaraj (BJP): Bansuri Swaraj is the daughter of the late Union Minister Sushma Swaraj. She is a New Delhi Lok Sabha candidate and is contesting against AAP's Somnath Bharti.

₹790 on the NSE, the Max Healthcare share price is down more than 10% from 52-week highs seen in February.Analysts remain positive on growth being fueled by expansions. Analysts at Jefferies India Private Ltd have maintained Buy ratings on Max Healthcare post Q4.

fiscal deficit quicker, both of which will be cheered by investors. On Wednesday, the Reserve Bank of India (RBI) announced a record 2.11 trillion rupees dividend transfer to the government, more than double New Delhi's and street estimates, leading to a decline in bond yields and a rise in equity markets. The surplus fund can help the new government, which will take charge after the current elections, bring down its fiscal deficit by 0.3% of gross domestic product (GDP) or increase spending on infrastructure or «populist» stimulus, Citi Research's Samiran Chakraborty said.