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Narendra Modi said on Tuesday the opposition Congress and the Samajwadi Party have competed in the appeasement of their vote bank and called both parties «anti-development». «The SP and Congress are more concerned about their vote bank than Kumbh (mela),» he said, addressing a rally in the region known for the Kumbh mela and the 'Triveni Sangam'. «This election of 2024 will decide the direction in which the Triveni of India's future will flow,» Modi said. The prime minister said the members of the INDIA block cannot digest praise of India abroad.

IPO) of Awfis Space Solutions will open for subscription on May 22 and will close on May 24. Ahead of the issue opening, the company's shares are trading with a premium of Rs 165 in the unlisted market. The anchor book will open for institutional investors later today. The firm is anticipated to list on stock exchanges on May 30.

household savings in FY24 after falling to their lowest level in FY23, Crisil said in its report released Tuesday. “Bank deposits, which constitute the largest chunk of gross financial savings, grew 13.5% in FY2024, compared with 9.6% in the previous year,” it said. Moreover, Crisil noted that mutual fund investments rose further in FY24, and even a continued rise in equity market returns may have attracted more retail investors.

Pluugin E-commerce has announced plans to expand its operations in India. The company stated that this expansion aims to create over 2,100 jobs in the local market over the next three years. Currently operational in 12 states, Pluugin E-commerce plans to achieve 100 percent pan-India coverage within the next 12 months. Additionally, India will serve as the backend office for its global operations in Bangladesh, Nepal, and Sri Lanka, it said. “We truly believe that every brand has the potential to be borderless in today’s e-commerce landscape, and we intend to help them leverage this potential, with a strong focus on MSMEs. Our strategic entry into the Indian market brings new growth opportunities within the e-commerce space, enabling a global presence for all 'Make in India' brands,” said Aparna Gupta, Founder & Managing Director of Pluugin E-commerce.

Shares of Cipla Ltd.(up 2.73 per cent), Divi's Laboratories Ltd.(up 2.23 per cent), Laurus Labs Ltd.(up 1.97 per cent), Lupin Ltd.(up 1.42 per cent) and Aurobindo Pharma Ltd.(up 1.32 per cent) ended the day as top gainers in the pack.

Shares of State Bank of India(up 1.18 per cent), Bank of Baroda(up 1.15 per cent), Bandhan Bank Ltd.(up 0.61 per cent), Punjab National Bank(up 0.24 per cent) and Kotak Mahindra Bank Ltd.(up 0.08 per cent) ended the day as top gainers in the pack.

Indian equity derivatives that’s driven up volumes to the highest in the world is spurring concern among the nation’s policymakers that the frenzy may hurt efforts to harness household savings for productive purposes. Finance Minister Nirmala Sitharaman and Chief Economic Advisor V. Anantha Nageswaran sounded caution in recent days about growing retail participation in the equity futures and options market.

human trafficking racket busted here recently, Andhra Pradesh police on Tuesday said around 300 Indians 'revolted' against their handlers in Cambodia on May 20, leading to most of them being arrested in the foreign country. As many as 150 youth from the port city and its vicinity have been stuck in Cambodia for a year already, where they are being coerced to carry out cyber crime and ponzi scams by Chinese handlers, police said. Visakhapatnam Police Commissioner A Ravi Shankar noted that these trafficked Indians caused large scale riots in Jinbei and Compound, Sihanoukvile in Cambodia, which is allegedly a hub for cyber crime. «Many people called up Visakha city police whatsapp numbers and sent videos. Yesterday (Monday), around 300 Indians 'revolted' in a large scale against their handlers in Cambodia,» said Shankar in a release.

Narendra Modi on Tuesday launched a fresh attack on the Congress, accusing its top leaders, including first PM Jawaharlal Nehru, of having «opposed» reservations for deprived castes. «Had it not been for Baba Saheb Ambedkar, Nehru would have never agreed to quotas for SCs, STs and OBCs. Nehru had made his views clear on the issue in letters he wrote to the then chief ministers in the country», claimed Modi at a rally in Purbi Champaran Lok Sabha constituency in Bihar. «This has been the Congress' trait under successive prime ministers. Be it, Indira Gandhi or Rajiv Gandhi, they all opposed reservations. SCs, STs and OBCs have never got respect from the Congress», the PM added. Modi made the allegation while lashing out at the opposition for spreading a «falsehood» that the BJP, upon return to power with a brute majority, could scrap quotas by changing the Constitution.

Domestic benchmark index NSE Nifty ended 27.05 points up at 22529.05, while the BSE Sensex closed 52.63 points down at 73953.31.

Pokarna Ltd.(up 13.08%), Madhav Marbles & Granites Ltd.(up 4.98%), Coal India Ltd.(up 4.47%), Ashapura Minechem Ltd.(up 1.51%) and NMDC Ltd.(up 0.74%) stood among the top gainers.

Lord Narasimha, an incarnation of Lord Vishnu. This festival will be celebrated on May 22, 2024, corresponding to Chaturdashi Tithi of Shukla Paksha in the Vaishakha month. The day is observed with fervor, particularly in South India. Narasimha Jayanti 2024: Date and Time

Rinku Singh from Kolkata Knight Riders has made it to the list of Reserve Players for the T20 World Cup. The decision drew considerable ire from the fans, who pointed out the recent performances of Rinku Singh, where he did really well. Mumbai Indians, a team that finished at the bottom of the IPL 2024 points table, has four players in the T20 World Cup 2024 squad: Rohit Sharma, Hardik Pandya, Suryakumar Yadav, and Jasprit Bumrah.

—Name withheld on request. As a Hindu father with two daughters and a son, the Hindu Succession (Amendment) Act of 2005 ensures that your daughters have equal rights to your property as your son. This amendment abolished gender discrimination in inheritance laws, making daughters coparceners in joint Hindu family property. To ensure an equal and fair distribution of your assets, you can create a will clearly stating your intentions.

Indian economy's report card moving away from the red: Mint tracker "For the full-year FY24, ICRA expects the GDP and GVA growth to print at 7.8% and 7%, respectively, unless the growth for 9M FY2024 (April-December 2024) is revised," it added. Senior government officials said the divergence in GDP and GVA data during Q3 could be attributed to reduced fertiliser subsidy disbursements, suggesting the government hadn't fully disbursed these subsidies, leading to a disparity between GDP and GVA.

Balkrishna Industries Ltd's stock. But it seems like the worst of this problem is behind as demand is seen recovering in the end market. Inventory at the dealer level in the key European market normalized to 40-45 days in the March quarter, similar to what it was in the preceding three months, the management said.

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"I have not spoken a word against minorities. I am speaking against the vote bank politics of the Congress. I am speaking about the Congress working against the Constitution," PM Modi said.

Top Gainers: SJVN (up 9.94%), Balkrishna Industries (up 9.04%), Star Cement (up 8.59%), Vedanta (up 7.17%), Adani Power (up 7.17%) Top Losers: Triveni Turbines (down 7.19%), Trident (down 5.87%), Aptus Value Housing Finance India (down 5.48%), Godfrey Phillips India (down 5.46%), PB Fintech (down 5.34%) Top Gainers: SJVN (up 9.99%), Balkrishna Industries (up 9.11%), Garden Reach Shipbuilders & Engineers (up 7.40%), Vedanta (up 7.22%), Adani Power (up 7.15%) Top Losers: Triveni Turbines (down 7.16%), Aptus Value Housing Finance India (down 5.81%), Trident (down 5.80%), PB Fintech (down 5.49%), Godfrey Phillips India (down 5.47%) Source: [BSE Top Gainers](https://www.livemint.com/market/bse-top-gainers), [BSE Top Losers](https://www.livemint.com/market/bse-top-losers), [NSE Top Gainers](https://www.livemint.com/market/nse-top-gainers), [NSE Top Losers](https://www.livemint.com/market/nse-top-losers)Milestone Alert! Livemint tops charts as the fastest growing news website in the world

Shares of Samvardhana Motherson International Ltd.(up 1.27 per cent), Bharat Forge Ltd.(up 0.81 per cent), Mahindra & Mahindra Ltd.(up 0.76 per cent), MRF Ltd.(up 0.42 per cent) and Ashok Leyland Ltd.(up 0.36 per cent) ended the day as top gainers in the pack.