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Congress failing to field a strong candidate in the Gandhinagar Lok Sabha constituency, the BJP is eyeing a record winning margin of more than 10 lakh votes for its sitting MP and Union Home Minister Amit Shah. In the past, this predominantly urban constituency has been represented by BJP stalwarts L K Advani and Atal Bihari Vajpayee. While the seat has been a pocket borough of the BJP since 1989, it did witness interesting contests when the Congress chose high-profile candidates like T N Seshan and Rajesh Khanna. This time, the Congress has fielded its former Gujarat women's wing chairperson Sonal Patel against Shah, who had won by more than 5.5 lakh votes in the 2019 polls. Local BJP leaders said the party aims to raise this margin of victory to more than 10 lakh votes. In 2019, BJP's C R Paatil defeated his Congress rival by more than 6.9 lakh votes from Navsari in Gujarat. It was the highest margin of victory in the country in the 2019 elections.

commerce ministry's arm DGTR has recommended the imposition of anti-dumping duty on imports of a chemical, used for water treatment, from China and Japan to protect the domestic industry from cheap inbound shipments. The Directorate General of Trade Remedies (DGTR) has recommended the duty on 'Trichloro isocyanuric acid' after conducting an investigation on the dumped imports of the chemical from these two countries. «The authority recommends imposition of provisional anti-dumping duty on the imports,» the DGTR's notification has said. Bodal Chemicals Ltd had filed the application for the initiation of an anti-dumping investigation on the imports from China and Japan.

financial year 2024-2025, all eyes are on the Reserve Bank of India and its actions that will shape the country's economic landscape. With the first monetary policy committee meeting for FY25 being on the hawkish side, the market is eager to gauge how and when will the central bank's stance change amidst the inflationary pressure sustaining.

Diamonds (LGDs) exports are expected to witness a revival in FY25, with exports expected to grow by 7-9% to reach a value of~US$1500-1530 million, according to CareEdge Advisory. LGD exports have been declining in recent time, and have seen around 16.5% decline y-o-y for FY24. While the sales volume of LGDs have been growing, the declining prices have impacted the exports. Nevertheless, the depreciating rupee is likely to act as a cushion for the industry, believes CareEdge Advisory. Going forward the demand for LGD exports are expected to revive in FY25, as demand for naturally mined diamonds may remain sluggish. This is attributed to its price point, environmental sustainability, and intensified competition from India against other leading LGD-producing nations.

Dr Reddy's Laboratories is expected to post robust numbers in the fourth quarter ended March 2024, led by stable price erosion and improved US generic industry dynamics. According to an average estimate of four brokerages, revenue from operations in the January-March 2023 period is seen growing up to 18% year-on-year (YoY).

Akshaya Tritiya, a significant festival in Hindu culture, is approaching on May 10, 2024. This auspicious day, also known as Akha Teej, holds deep religious importance for Hindus across the country.

₹60,000 per 10 grams to ₹71,132 per 10 grams. On April 12, they touched a record high of ₹73,958. This unprecedented surge in gold prices indicates heightened global uncertainty, driven by factors such as trade tensions, financial conflicts among global major powers, record-high interest rates in advanced economies, and ongoing wars, particularly in the Middle East.

low voter turnout in the first two phases of 2024 general elections a «myth», an economist at the country's largest lender SBI has said comparing the absolute number of votes cast is a better way to analyse the turnout. Soumya Kanti Ghosh, the group chief economic adviser at SBI, said there has been 0.4 per cent increase in the absolute number of votes cast in the first two phases. «The unending debates propagated around supposedly low voter turnout in the first two phases of the General Elections 2024 is a myth. A better measure of votes cast is the absolute number of voters,» he said in a report. The Election Commission has been working to increase the voting percentage in the remaining phases of the polls.

NMDC, the country's largest iron ore producer, continued their upward trajectory for the third consecutive trading day on Monday, surging by 1% to reach a 14-year peak of ₹271.70 per share. The last time the stock reached this level was in 2010. NMDC's shares have been on an upward trend since June 2023, closing nine out of ten subsequent months in positive territory and accumulating a gain of 143%.

The New Indian Express, referring to Prime Minister Narendra Modi using words like “infiltrators". In an interview published in The New Indian Express on Monday, Owaisi said, "It is high time Muslims should wake up and learn from how Rajputs have reacted to the same statement issued by Union minister (Parshottam) Rupala.

Read the full story here.)Sensex Today Live : Indian markets were expected to start on a positive note, following global peers higher as colling wages in the US firmed up anticipation of a sooner rate cut by the US Federal Reserve.Gift Nifty futures were trading at 22,686, around 200 points ahead of Nifty 50's Friday close of 22,475.Asian stocks rose on Monday on renewed bets that the Federal Reserve would likely ease rates this year, while the yen weakened after a strong surge last week from Tokyo's suspected currency intervention.Trading was thinned in Asia with Japan out for a holiday, though markets in mainland China got off to an upbeat start after returning from an extended break.MSCI's broadest index of Asia-Pacific shares outside Japan edged more than 0.5% higher, while China's blue-chip index gained 1.4%.Chinese shares offshore posted strong gains last week while mainland markets were closed from Wednesday to Friday for the Labour Day holiday.Hong Kong's Hang Seng Index rose 4.7% last week and on Friday clocked its longest daily winning streak since 2018. It was last down 0.2%.The Nasdaq-listed Golden Dragon China Index jumped 5.5% last week.Similarly, in currency markets, the offshore yuan was last roughly 0.1% lower at 7.2013 per dollar, after strengthening more than 1% last week, in part due to a broadly weaker dollar.The People's Bank of China on Monday also lifted its official yuan midpoint to the highest in three weeks, catching up with movements offshore.

Benjamin Netanyahu on Sunday denounced international criticism of the country's war in Gaza. He was speaking at a Holocaust Remembrance Day ceremony at the Yad Vashem memorial in Jerusalem. The Israeli PM recalled the time when Nazis killed six million Jews during World War II, saying “no nation came to our aid" and “people were completely defenseless against those who sought destruction".

Asian stocks rose on Monday on renewed bets that the Federal Reserve would likely ease rates this year, while the yen weakened after a strong surge last week from Tokyo's suspected currency intervention. Trading was thinned in Asia with Japan out for a holiday, though markets in mainland China got off to an upbeat start after returning from an extended break.

The government has lifted its ban on onion exports but has imposed a minimum export price of $550 per tonne in addition to a 40% tariff. So, while the move spells relief, it is partial at best.

MUMBAI : IndusInd International Holdings Ltd (IIHL), promoter of IndusInd Bank, said it is likely to receive the Reserve Bank of India's final approval to increase its stake in the private-sector lender over the next two weeks. Ashok Hinduja, chairman, IIHL, said that the promoter will not look at raising its stake from the existing 16.4% to 26% immediately in one go, as it would involve infusing capital worth $1 billion. "15% to 26% stake increase, there is a policy of the regulator (RBI).

ALSO READ: Lok Sabha elections 2024 Phase 3: Amit Shah, Jyotiraditya Scindia, Dimple Yadav, others stand at fate's crossroads All 26 Lok Sabha seats in Gujarat will go polls in the third phase. Here's the full list of state-wise constituencies voting in Phase 3 of Lok Sabha polls: 1. Kokrajhar 2. Dhubri 3.

. However, in the event of any political surprise, the markets will witness a significant downturn, requiring a substantial amount of time to bounce back. Additionally, any tax hike on equities, at the very least, will result in an equivalent and opposite price reaction, which would overshadow any other positives, Arora added.

Prime Minister Narendra Modi took dynastic politics head-on and said that much like Raja Ram Mohan Roy, who abolished evil practices like sati and child-marriage, he too 'has put an end to the practice of only scions of royal families' holding the posts of chief minister and prime minister, paving the way for any poor man's son to hold these posts. Modi's address in Etawah was also meant to send a message to voters of Mainpuri and Kannauj, with BJP candidates of all three seats present on stage. While Mainpuri has been Mulayam Singh Yadav's Lok Sabha seat, now being contested by daughter-in-law Dimple Yadav, Kannauj is being contested by Akhilesh Yadav. Modi recalled Mulayam Singh's «blessing» to him in Parliament before the 2019 elections when he had said that he hoped that Modi would come back as PM for a second term. «Today, Netaji is not there among us, but look at the coincidence, his brother is appealing to make BJP win. He expressed his heart's desire after all,» Modi said, taking a jibe at Shivpal Yadav's gaffe a few days ago when, in a statement, instead of mentioning SP, he asked people to vote for 'BJP'.

gold surged this year to its highest price ever, Xena Lin joined the frenzy by making monthly purchases of gold «beans,» pebble-like morsels of the precious metal. For Lin, a 25-year-old administrative worker in southern China, the $80 beans — small enough to rest on a fingertip and weighing about one-thirtieth of an ounce — were an affordable way to buy into the gold excitement without splurging for jewelry, gold bars or coins. She had dabbled with investing in stocks in the past, but she said buying gold, especially in this fun way, inspired her to continue investing.

In recent Institute of Chartered Accountants of India (ICAI) investigations into the affiliates of multinational professional services firms EY, Deloitte, PwC, and KPMG, the firms have managed to get court stays against disciplinary proceedings by ICAI's disciplinary committee after years of investigation, their domestic rivals said. In a case against EY affiliate firms SV Ghatalia and SR Batliboi, which began in 2013, the ICAI disciplinary committee issued an order on April 26 that barred and fined the two partners and directed them to sever all associations with the global entity, EY Global. The partners in question had retired a few years prior.

Cricbuzz quoted Aldrice as saying the media in Dhaka. ALSO READ: India and Pakistan to clash again in October: Check Women's T20 World Cup 2024 schedule "Until something changes, that will remain the situation.