Election Financial News

revenue growth of top 100 large and liquid companies listed on the Bombay Stock Exchange (BSE) slowed to a third last calendar year compared with 2023, even as their rates of net profit expansion surged five times, reflecting the evident success of cost control initiatives. The financial performance by BSE100, a broad representation of the Indian equity market beyond the Sensex, revealed a sharp slowdown across manufacturing, services and consumer companies, showed ETIG compiled data. Revenues of these companies climbed 9% while net profit rose 32% in 2024, compared with 25% increase in sales and 7% rise in profits during 2023. «It is largely due to a slowdown in the overall consumption segment as well as oil, gas and steel businesses, where prices essentially remained benign and hurt value growth,» said Madan Sabnavis, chief economist, Bank of Baroda. «If BFSI is excluded, the overall growth will moderate even further. While profit was higher, it was largely due to high base effect, cost control by companies that include cost of production, and marginal salary hikes.» Sabnavis expects better aggregate performance from this set of companies next year.

Subscribe to enjoy similar stories. New Delhi: Beer companies are salivating over warnings of a warmer summer after unseasonal rains in 2023 and the 2024 national election watered down volumes during the industry’s peak sales season the previous two years.

Delhi High Court on Tuesday said Bajrang Punia, Vinesh Phogat, Sakshi Malik among others could challenge the Centre revoking the suspension of the Wrestling Federation of India (WFI). A bench of Chief Justice D K Upadhyaya and Justice Tushar Rao Gedela also requested the single judge, hearing the wrestlers' plea against the 2023 WFI election, to expedite the proceedings. The Centre on March 10 revoked its order suspending the WFI on December 24, 2023 for lapses in governance and procedural integrity by the new body, elected on December 21, the same year, and restored its status as a national sports federation. The bench, while closing the proceedings on WFI's appeal against the single judge's order on restoring Indian Olympic Association's (IOA) ad-hoc committee to run its affairs, observed the committee had to work only till the Centre's suspension was in force. Referring to the March 10 decision, the court observed nothing remained to be adjudicated in the WFI appeal. «Needless to state, it will be open to any party, if aggrieved by the order dated March 10 passed by the sports ministry, to challenge the same before appropriate court,» it said.

Justin Trudeau was seen leaving the House of Commons in Ottawa carrying a chair, with his tongue sticking out. The humorous scene quickly gained traction across social media platforms, sparking widespread attention. On Monday, Justin Trudeau met with Liberal leader and prime minister-designate Mark Carney to start the transition of power after Carney's landslide win at the Sunday party election.

Subscribe to enjoy similar stories. No major company is better positioned than Berkshire Hathaway in the wake of the stock market rout. Berkshire was sitting on about $318 billion of cash and equivalents at year-end 2024, nearly double the total at the end of 2023.

In the absence of Chairman Jagdeep Dhankhar, who had fallen sick and was admitted to AIIMS on Saturday, Deputy Chairman Harivansh chaired the proceedings on Monday. Soon after the Upper House met for the day, the Deputy Chairman said he has received notices under Rule 267 to suspend the listed business and discuss other issues. Congress MP Ajay Maken had given a notice for discussing the acknowledgement by the Election Commission of India on March 7, 2025, of the existence of duplicate EPIC numbers. In his notice, he said this revelation «casts serious doubt on the free and free nature of our electoral process and democracy» as the loopholes enable individuals to possess multiple EPICs in different states and constituencies. Maken also wanted the matter of sudden and unjustified surges in the number of electors immediately before elections, and abrupt and unwarranted deletion of voters «belonging to specific communities or religious groups», to be debated.

Kristi Noem was officially sworn in as the Secretary of the Department of Homeland Security by U.S. Supreme Court Justice Clarence Thomas. Her confirmation followed a 59-34 vote in the Republican-controlled Senate, securing her role as the nation’s top security official. A strong ally of former President Donald Trump, Noem’s appointment was praised by the White House. A post on X read, "@KristiNoem's confirmation as Secretary of Homeland Security underscores President Trump's commitment to strengthening our nation's security. America is BACK." Following her confirmation, Noem reiterated her commitment to securing the southern border, reforming the immigration system, and preventing terror threats. She also pledged to enhance disaster response efforts to provide swift relief to Americans in crisis.

Priyanka Gandhi on Monday said that reports of voter list manipulation appear before elections and it is very dangerous for democracy. She said the government should allow discussion on the issue in Parliament. «The way reports of voter list manipulation comes before every election, it is very dangerous for our democracy. The entire opposition in the Parliament wants a detailed discussion on the voter list. This discussion is very important for the protection of democracy and the Constitution. The government should give up its stubbornness and allow this discussion done,» Priyanka Gandhi said in a post on X. She also shared demand made by Congress leader Rahul Gandhi in the Lok Sabha that there should be discussion on voters list.

Election Commission Monday said the matter related to duplicate voter identity card numbers is a «legacy issue» with such cards being issued even between 2008 and 2013 when the BJP-led NDA was not in power. The EC had in the past during annual electoral roll updation also been directing states to remove all discrepancies in elector photo identity card (EPIC). The poll body had recently clarified that irrespective of EPIC number, an elector can cast a vote only at their designated polling station. To allay any apprehensions, all cases of duplicate EPIC number will be resolved within three months time by ensuring a unique EPIC number to the existing electors having duplicate EPIC number and for future electors as well, the EC had said.

Delhi government is mulling over formation of a Yamuna task force in collaboration with the Territorial Army to prevent encroachments on flood plains of the river, dumping of debris and waste and other illegal activities. PWD and Water Minister Parvesh Verma said he discussed the issue with the Territorial Army. The specialised task force will be dedicated to protect the Yamuna floodplains, prevent encroachments, stop illegal dumping of debris and waste, and ensuring strict enforcement of environmental regulations, he said. «Under the leadership of Prime Minister Narendra Modi and the double-engine government of the BJP, we are committed to restoring the Yamuna and protecting its floodplains. For years, illegal encroachments and waste dumping have choked the Yamuna,» Verma said.

Donald Trump has asked U.S. Representative Mike Waltz, a retired Army National Guard officer and combat veteran, to serve as his National Security Adviser. The position, which does not require Senate confirmation, places Waltz at the center of handling several pressing global security challenges, including the wars in Ukraine and the Middle East, tensions with China, and the growing alliance between Russia and North Korea. Waltz’s Role and Policy Stance Waltz, a three-term Republican congressman from Florida, is known for his hawkish stance on China and Iran. He has been a sharp critic of the Biden administration’s national security strategy, including the U.S. withdrawal from Afghanistan and handling of Chinese espionage. Waltz has pushed for a tougher U.S. approach to counter China’s influence, calling for a boycott of the 2022 Beijing Winter Olympics over human rights violations and concerns around COVID-19 origins.

Trump administration is boosting a powerful force in global affairs: anti-Americanism. Canadians have taken to booing the American national anthem and Panamanians to burning US flags. The British tabloids have tarred and feathered Vice President JD Vance for insulting British troops. A carnival float in Dusseldorf, Germany, displayed giant puppets of Donald Trump and his Russian counterpart, Vladimir Putin, shaking hands while squeezing Ukrainian President Volodymyr Zelenskiy between them into a bloodied pulp. A sign on the float read “Hitler-Stalin Pact 2.0.” Back at home, the Washington Post has published a guide on how to navigate hostility abroad (“dress neutrally, not patriotically”). There has never been a better time to be anti-American. Trump embodies everything critics of the US have always warned about, multiplied several times over. Yankee arrogance? He and Vance, in the Oval Office, shamelessly bullied the leader of a nation victimized by the Russian president’s aggression. Yankee imperialism? Trump bragged to a cheering Congress that he will take over Greenland “one way or another.” Yankee incompetence? His tariffs are destabilizing global stock markets and downgrading his own economy.

Shiv Sena (UBT) chief Uddhav Thackeray on Sunday expressed his support to Tamil Nadu on the issue of National Educational Policy, saying that the Centre is using the issue to create discord and division in the country. Thackeray said that he agreed with Tamil actor Kamal Haasan who said that the BJP government at the Centre was trying to create 'Hindia'. «Kamal Haasan was right when he said they (Centre) want to create Hindia, they want to create discord in the country. I recently met people from Bihar who said that there were several languages of the state that have become extinct because of Hindi, we are not against Hindi but the BJP wants to create division and rule (with the language issue), said Thackeray while addressing party cadres in Mumbai. The Sena UBT chief had called the party meeting to rebuild the organisation with an eye on the upcoming Mumbai civic elections likely to be held in October-November this year. The Mumbai civic elections are significant for the Sena UBT as the party derived its power from ruling the Mumbai civic body for several decades. However, with Eknath Shinde splitting the united Shiv Sena, several former corporators from the Mumbai civic body have crossed over to the Shiv Sena.

Chandra Shekhar Azad, seen as an emerging competitor to Mayawati-led BSP for the mantle of Dalit politics in UP and elsewhere, speaks to CL Manoj on the electoral meltdown of the BSP, discord in Mayawati's family, what it means for ASP, the fight against the Modi government's policies, and on Rahul Gandhi's pitch for caste census. Edited Excerpts: ON experience as a first-time MP Babasaheb Ambedkar said political power is the master key to solving problems, implementing the agenda for social and economic changes and for changing society. Parliament, which makes laws and decides on the distribution of resources, is the master key of political power. I am using it for the cause of my people, the Dalits and other backward sections. ASP's task is to get more of our people elected next time.

Liberal Party members look set to pick former central bank governor Mark Carney as the new party leader and Canada's next prime minister in a vote to be announced on Sunday evening. Carney, 59, navigated crises when he was the head of the Bank of Canada and when in 2013 he became the first noncitizen to run the Bank of England since it was founded in 1694. His appointment won bipartisan praise in the U.K. after Canada recovered from the 2008 financial crisis faster than many other countries.

WHY DOES THERE NEED TO BE A RACE? Unlike in Australia and Britain, where prime ministers are chosen by legislators and can be removed very quickly, the heads of political parties in Canada are chosen by members in special contests. Trudeau's resignation automatically triggered a leadership race. The new head of the Liberal Party will become the new prime minister.

Narendra Modi became Prime Minister and people do not talk about anti incumbency against the government. He said people talk about pro incumbency and are voting for BJP in successive election. Addressing a rally in Agartala, J.P. Nadda said that the anti-incumbency issue is a past now in India as people have very much satisfied with BJP and that’s why, they voted for the BJP for the third consecutive term in the 2024 Lok Sabha elections.

quadriceps strain while batting, the NZC said on Sunday. Mark Chapman has taken his place in the field. Williamson made 11 after New Zealand opted to bat and was out, offering a return catch to left-arm wrist spinner Kuldeep Yadav. It is still not known what will be the extent of Williamson's lay-off after the quadriceps injury.

Subscribe to enjoy similar stories. After President Trump was elected, investors got very excited about all the nice things he’d promised and forgot about stuff that would be bad for stocks. Now they are very anxious about all the stuff that is bad for stocks and have forgotten about the nice things.

Waqf Amendment Bill. Home Minister Amit Shah is expected to move a statutory resolution seeking Parliament approval for the proclamation of President's Rule in Manipur. Finance Minister Nirmala Sitharaman is also scheduled to table the budget for Manipur on Monday. Manipur has been under President's Rule since February 13 after the resignation of Chief Minister N Biren Singh.