Country Financial News
04.06 / 16:05
Assurant
security
Election
President
Justice
country
Lok Sabha results 2024: Rashtrapati Bhavan will remain closed for general public from 5-9 June
Lok Sabha Election 2024, Deputy Press Secretary to the President on 4 June said that Rashtrapati Bhavan will remain closed for the general public from 5-9 June.Releasing an official statement, the Navika Gupta – on behalf Rashtrapati Bhavan – cited the decision has ben taken for preparation for forthcoming event of swearing-in-ceremony of the Council of Ministers.ALSO READ: Lok Sabha Election Results 2024 Live Updates“Visit of Rashtrapati Bhavan (Circuit -1) will remain closed for the general public from June 5 to 9, 2024, due to preparation for forthcoming event of swearing-in-ceremony of the Council of Ministers at Rashtrapati Bhavan," the official statement said.According to the details, NDA is leading in 292 seats, while INDIA bloc leads in 232 Lok Sabha seats. As per ECI website at 8:30 pm, BJP has won in 154 Lok Sabha seats and leading in 86 seats, taking the tally to 240 seats.
04.06 / 16:05
Election
DAL
country
Updates
Lok Sabha Election Result 2024: INDIA bloc to meet tomorrow. What to expect?
Catch LIVE updates on Lok Sabha Election Results On Tuesday, the BJP-led NDA was ahead in over 290 seats, while the opposition INDIA bloc was leading in 232 parliamentary seats.Mallikarjun Kharge said the Congress and INDIA bloc contested the elections in adverse circumstances and accused the BJP-led government of capturing constitutional institutions to create hurdles in the path of the opposition.The INDIA bloc will meet on Wednesday and decide on whether they want to form government, by approaching parties like Telegu Desam Party (TDP)'s Chandrababu Naidu, and Janata Dal (United) leader Nitish Kumar. Congress leader Rahul Gandhi said that the INDIA bloc will meet on Wednesday to discuss the future course of the Opposition coalition.
04.06 / 16:05
UPS
Mobile
Election
country
innovations
rights
Failure has many mothers: The Indian voter gets it right again
Apne pair pe apni kulhadi maarna.’ A lose-lose proposition. So, why did the BJP leadership indulge in it? A credible one-word explanation may be arrogance; i.e., a we-can-do-no-wrong attitude. Another pointer from the Karnataka assembly election was that while corruption in India was all pervasive, it was expected that the BJP under Modi would be significantly less corrupt than the rest.
04.06 / 15:21
Cooper
security
Election
President
country
exclusive
Maldives and China discuss further bolstering defence ties
defence agreement with the Maldives, China's Ambassador here has met with the island nation's defence minister to discuss «the strengthening of military ties and the security and safety of the two countries.» Chinese Ambassador to Maldives Wang Lixin paid a courtesy call on Defence Minister Ghassan Maumoon on Monday, news portal Adhadhu.com reported.
04.06 / 15:03
markets
COST
Strategy
Election
performer
country
Market crash got you down? Try this safe investment approach
With the ruling BJP not performing as widely expected in the Lok Sabha polls, the Indian stock market saw a bloodbath on Tuesday. Benchmark indices Sensex and Nifty tanked over 8% intraday. There are apprehensions that BJP’s lower seats tally might slow down reform measures initiated by the ruling government in its second term.
04.06 / 15:03
security
Election
country
Lok Sabha Election Results 2024: 15 Muslim candidates, including TMC’s Yusuf Pathan, leading in various constituencies
15 Muslim candidates are leading in various constituencies across the country, including the TMC candidate from Berhampore, Yusuf Pathan who has maintained a comfortable lead against Congress veteran Adhir Ranjan Choudhary.
04.06 / 13:55
markets
Target
Manufacturing
Strategy
wellness
trends
country
This PMS is betting on India reaching 16% of world GDP by 2047
₹3,600 crore, is setting his sights high with plans to launch a new venture—the Bharat Amritkal Fund, a category III Alternative Investment Fund, requiring a minimum investment of ₹5 crore. With this fund, Khemani, a Portfolio Management Service (PMS) manager, aims to capitalize on India's economic trajectory, betting on sectors expected to undergo substantial growth, including manufacturing, banking, infrastructure, and consumption, as the country targets a $29 trillion GDP by 2047, accounting for an estimated 16% of global GDP. This strategy also reflects Khemani's confidence in an outright victory for the Bharatiya Janata Party (BJP)—a thesis that now looks a little shaky.
04.06 / 13:55
UPS
security
Election
country
gatherings
Election Results 2024: Rahul Gandhi secures victory from Kerala's Wayanad; gathers massive lead in Rae Bareli
Election Results 2024: Senior Congress leader Rahul Gandhi on Tuesday secured victory from the Wayanad parliamentary constituency of Kerala by a margin of 3,64,422 votes against Communist Party of India's (CPI) Annie Raja and Bharatiya Janata Party's (BJP) K Surendran. Moreover, he is all set to win from his second seat in Uttar Pradesh's Rae Bareli as he is leading by almost 4 lakh votes against his closest rival and BJP candidate, Dinesh Pratap Singh.Rahul Gandhi has not yet revealed the constituency he will represent in the Lower House of Parliament, and it remains to be seen how Congress plays out and manages to retain both seats. In a press conference, Rahul Gandhi thanked the people of Wayanad and Rae Bareli and said that he would make a decision soon.
04.06 / 13:33
Provident
country
reports
Courts
Investigations
International
U.S. ignored evidence major U.K. bank was helping fund sanctioned Iranian groups, whistleblower says
Recent documents submitted to a U.S. federal court allege that major British bank Standard Chartered helped finance sanctioned Iranian entities and terrorist groups, and that relevant evidence was ignored by American authorities.
04.06 / 13:23
Citi
security
Photos
show
country
reports
rights
700 balloons later, North Korea says it’ll stop sending trash to South Korea
North Korea announced it will stop sending balloons carrying trash and manure across the border, hours after South Korea warned its northern neighbour on Sunday that it would unleash “unbearable” retaliatory measures.
04.06 / 12:43
Cooper
Election
country
voice
Relationships
US Pentagon chief visits Cambodia to boost ties with China ally
Lloyd Austin visited Cambodia on Tuesday in an effort to reset ties with the staunch China ally.
04.06 / 12:43
Election
Immunic
President
country
Inside
reports
NOT
Western army trainers in Ukraine not immune from strikes, Kremlin says
instructors who train Ukrainian soldiers in the country would have no «immunity» from Russian strikes, the Kremlin said Tuesday, amid reports that France could despatch military trainers to Ukraine.
04.06 / 11:41
Provident
economy
Election
wellness
stage
country
inequality
Job creation, alleviating rural distress likely to top new government's agenda
₹10,000 or less. In many poor states, they have spoken about their lived experience, in spite of the official numbers painting a bright picture of the larger economy.The figure of 8% real GDP growth in FY24 has not really found itself trickling down to a vast majority of masses.
04.06 / 11:01
Election
country
information
‘Survey agencies should apologise': AAP's Sanjay Singh after Lok Sabha Election Result 2024 defies exit poll predictions
ANI quoted Sanjay Singh as saying.He added, "I have been saying for the last 3 days… the exit polls are far away from reality... The numbers will be in favour of the INDIA alliance by the end of the results.
04.06 / 10:33
04.06 / 10:01
Election
trends
President
country
Lok Sabha Election Result 2024: Smriti Irani trails by 90K votes in Amethi; ‘Let counting conclude,’ says KL Sharma
ANI quoted Kishori Lal Sharma as saying. He added, “However, let the counting conclude.
04.06 / 10:01
markets
UPS
Election
Trade
country
Election Results 2024: Metal Index crashes 10%: NALCO, SAIL, NMDC Hindustan Copper share price dip up to 19%
NMDC Hindustan Copper share price fell 15-19% during the intraday trades leading to the fall in index.The Public Sector undertaking as National Aluminium Company (NALCO) , Steel Authority of India Ltd (SAIL), NMDC Hindustan Copper led the fall in the Nifty index. The Investor confidence that had remained high on public Sector undertaking as Nalco, SAIL, NMDC and Hindustan copper however got impacted with ruling Bhartiya Janta Party led National Democratic alliance not receiving the mandate as per expectations in the Lok Sabha 2024 elections as indicated by the early trends.Also Read- Multibagger PSU stocks including PFC, REC, RVNL fall up to 25%; Nifty PSE index hits 2-month lowThe other metal companies as Tata Steel, Jindal Steel and Power, JSW Steel, Hindalco Industries Vedanta Ltd , Hindustan Zinc Ltd share prices also saw sharp 6-9% fall and were not much behind the Public sector pack.The confidence on steel demand has remained strong in the country led by government led infrastructure spending and hence the Lok Sabha Election results outcome not meeting expectations meant that the investor sentiments were bound to get hurt, said an analyst at a domestic broking.The APL Apollo Limited share price also corrected more than 5%.
04.06 / 09:45
UPS
Election
DAL
country
Updates
Mayawati's BSP trailing in all 80 Lok Sabha seats in Uttar Pradesh
Uttar Pradesh, Mayawati-led Bahujan Samaj Party is trailing behind in all 80 Lok Sabha seats in Uttar Pradesh. Currently, the BSP has garnered about 1.92 per cent votes in the country and 9.16 per cent votes in Uttar Pradesh, as per Election Commission data.
04.06 / 08:27
markets
UPS
Booking
Election
Trade
country
We continue to remain positive on Indian equities: Prashant Jain
"India's nominal GDP is growing around 10-11% because we are fundamentally a lower inflation country. So, I think to that extent we need to reset our long-term return expectations," says Prashant Jain, 3P Investment Managers. You were telling us about your next seven-year idea. Seven years back, it was PSUs. And it cannot be a SIP. I think buy Indian equities because India's growth is accelerating. You cannot ignore that. Our cost of capital is lower, you cannot ignore that. The local flows are sizable. And our bank balance sheets, company balance sheets are extremely good. Our current account deficit is low. The external environment is very conducive whether you talk about manufacturing or about services. So, I think I would be positive on India. I would continue to be positive on Indian equities. And see, please appreciate what happened yesterday. If something moves up 10%, 12%, and it is pricing in a lot of expectations. After all, what changed in a single day yesterday? Nothing.
04.06 / 07:51
security
Election
trends
President
country
reports
Lok Sabha Election Results 2024: BJP’s Rajeev Chandrasekhar leads Shashi Tharoor of Congress in Thiruvananthapuram
According to the latest data from the Election Commission of India, Rajeev Chandrasekhar got 2,02,742 votes, Shashi Tharoor 1,80,833 votes, and Pannian Ravindran of the CPI received 1,44,613 votes.In Kerala, Congress leads at 12 seats, and IUML and CPI(M) lead at two seats each. The BJP has also secured leads in two Constituencies: Thrissur and Thiruvananthapuram.
04.06 / 07:51
UPS
Citi
Election
country
Updates
Lok Sabha Election Results 2024: Shocker from Ayodhya as BJP trails in Faizabad, the seat that houses Ram Mandir
Bharatiya Janata Party candidate Lallu Singh in Faizabad Lok Sabha seat by over 3000 votes by 12.30 pm, the Election Commission of India said as the counting for Lok Sabha Elections was underway on June 4. Temple city Ayodhya, where the Ram Temple, falls under Faizabad seat, one of the 80 Lok Sabha seats of Uttar Pradesh.Prasad had bagged 15,1501 votes while his closest rival Singh was at 14,8143, as per the poll panel numbers.Follow Live Updates on Election Results 2024 HereIn January, Prime Minister Narendra Modi inaugurated the Ram Mandir in Ayodhya – an event which many saw would fetch electoral benefits to the BJP.Lallu Singh had won the seat in 2014 and 2019.INDIA bloc parties, the Samajwadi Party and the Congress, were leading on 41 of the 80 UP seats.
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