Election Financial News

parliamentary elections that could see the country's first far-right government since the World War II Nazi occupation — or no majority emerging at all.

Inflation cooled in the US as well as several European countries in recent readings, offering encouraging signs that central banks in the regions can lower interest rates.

Joe Biden to step down from the presidential race. However, the 81-year-old president and his campaign have asserted that he is not giving up and is determined to successfully run for the November 5th presidential elections.

stock market, and traders expect to see the same — and more — in the remainder of the year. The S&P 500 Index has climbed 14% since the beginning of January, notching its second-best stretch of records to start a year this century, thanks to a resilient economy, improved corporate earnings and torrid demand for companies linked to AI. Even with signs of economic cooling, the rally is getting help from a Federal Reserve that’s considering when to trim rates after the most disruptive tightening campaign in decades.

Democratic Party that leaders of Joe Biden's campaign and the Democratic National Committee are not taking seriously enough the impact of the president's troubling debate performance earlier in the week.

UFC 303 fight card is missing Conor McGregor versus Michael Chandler, but there will be Alex Pereira defending heavyweight title against Jiri Prochazka. The UFC event will be held on Saturday night.

Joe Biden's dismal showing at the first presidential debate against Donald Trump, leading US media outlets have commented that the incumbent US President should leave the race for the White House for the future of American democracy and prevent a second innings for his Republican rival. Biden, seeking a second term in the White House, stumbled and fumbled during the televised presidential debate with his predecessor Trump on Thursday night in Atlanta, setting off alarm bells among top Democrats about whether the 81-year-old president can stay atop the gruelling months ahead of the elections on November 5.

UK's Opposition Labour Party, hoping to win a mandate to form a government after the July 4 general election, has committed itself to stamping out anti-India sentiments within its ranks and building a strong strategic partnership with the Prime Minister Narendra Modi-led administration. The party's resolution during an annual conference under former Labour leader Jeremy Corbyn in favour of international intervention in Kashmir was widely seen as having cost it British Indian votes in the 2019 general election.

Joe Biden as the official presidential nominee of the Democratic party. This is after his “terrible” performance in the first US Presidential debate on Thursday. Though this may not be possible, some people are looking at potential candidates who could replace Biden. One such candidate is Gavin Newsom who is presently the Governor of the state of California, the hi-tech state of the US and home to the Silicon Valley. He is a supporter of Biden and may seem to be the ideal presidential nominee. However, there are several critics who are likely oppose his nomination, if at all Biden is replaced.

India's goods and services exports are expected to cross USD 800 billion this fiscal despite global challenges, Commerce and Industry Minister Piyush Goyal said on Saturday. In 2023-24, the shipments stood at USD 778.2 billion (goods USD 437.1 billion and services USD 341 billion).

Congress leader Jairam Ramesh on Saturday slammed Prime Minister Narendra Modi over a news report that the Adani Group has «selected eight Chinese companies to help» its solar manufacturing project and called for a strategy «to wean India of its dependence on China». He said it has to be ensured that the taxpayers' money does not benefit Chinese companies. In a post on 'X', Ramesh said, «The non-biological Prime Minister infamously told the nation on June 19, 2020, after the Galwan clashes that 'Na koi hamari seema mein ghus aaya hai, na hi koi ghusa hua hai (Neither has anyone entered our borders, nor has anyone occupied territories)'.» «However, he shows no hesitation in liberally issuing visas to Chinese workers to help one of his 'tempowallah' buddies,» he said in the post on 'X' while tagging with it a newspaper report about Adani Solar seeking Centre's nod to bring a few engineers from China.

Jharkhand Chief Minister Hemant Soren on Saturday slammed the BJP for allegedly hatching a conspiracy against him and claimed that the saffron party will be wiped out from the state after the upcoming assembly elections. Addressing JMM workers at his residence, Soren said there would be a «revolt against those who plotted the conspiracy» to confine him in jail and «people of Jharkhand would not spare the BJP». «Time has come to put the last nail in BJP's coffin. In coming days, the BJP will be wiped out from Jharkhand,» the JMM executive president said.

Rouse Avenue Court on Saturday reserved its order, denying immediate relief to Delhi Chief Minister Arvind Kejriwal in the liquor policy case. Kejriwal was sent to a three-day CBI custody on Wednesday in connection to the liquor policy case. The CBI filed and application to send Kejriwal into judicial custody after his police custody period was over.

gold recovered on Thursday and Friday ahead of the key US PCE inflation data due Friday. Spot gold managed to recover nearly 2% from the weekly low of $2293 as it rallied to $2339 level; however, the metal gave back some of its gains on the much awaited US PCE inflation data (May) coming in line with the forecast. The yellow metal closed with a loss of $1 at $2326 on Friday; it was up nearly 0.30% on the week though. The US Dollar Index gained further ground on Trump gaining an edge over Biden in the presidential debate Friday, though it gave back some of its gains on healthy risk appetite. The Index closed with a loss of 0.04% at 105.84 on Friday; it was up around 0.04% on the week. The ten-year US yields at 4.38% were up 2.28% on the day and were up around 4% on the week. The two-year yields were up 0.20% on the week as they closed around 4.75%.

Ebrahim Raisi, an official said Saturday, after an initial vote saw the top candidates not secure an outright win. The election this coming Friday will pit reformist candidate Masoud Pezeshkian against the hard-line former nuclear negotiator Saeed Jalili.

Sanjay Raut launched a scathing critique against Prime Minister Narendra Modi following the 2024 Lok Sabha election results, calling the outcome a «personal loss» for the Prime Minister. Highlighting BJP's earlier claims of securing over 400 seats, Raut said, «The mandate received in Lok Sabha elections 2024 is a personal loss of PM Modi. PM Modi made claims of winning 400 plus seats but what happened, Rahul Gandhi defeated PM Modi. Before forming the government he should have done some self-introspection. The nation needs a leader who takes everyone along.» On Former Jharkhand CM Hemant Soren getting bail, Raut said that it is connected to Rahul Gandhi becoming the Leader of the Opposition and the increasing power of the opposition.

BJP's extended state executive meeting to discuss strategy for the Haryana assembly elections due later this year began in Panchkula on Saturday. Union Education Minister Dharmendra Pradhan, the BJP's election in-charge for Haryana, co-in-charge Biplab Kumar Deb, Chief Minister Nayab Singh Saini, his predecessor and Union minister Manohar Lal Khattar and senior leader Saudan Singh were present during the session at the Tau Devi Lal Stadium. Union Home Minister Amit Shah will chair the meeting during the afternoon session, a BJP leader said. Besides preparing the outline for the elections, Shah will infuse fresh zeal and enthusiasm in the party workers, the leader added.

In 2019, Boris Johnson rode to a big election win on a promise to “Get Brexit Done" and finally strike a deal with the European Union for Britain’s departure. Next week, the Conservative Party that delivered Brexit goes to the polls again, this time facing a deficit of more than 20 percentage points and almost certain defeat by the opposition Labour Party. The only question, it seems, is the scale of the wipeout for the hapless Rishi Sunak and his Tories.

CPI General Secretary D Raja welcomed the decision to grant bail to former Jharkhand Chief Minister Hemant Soren in the alleged land scam case and said that his release would strengthen the INDIA bloc. D Raja said, «It is a welcome development. We did not agree when he was taken under arrest. The central government has been using central agencies to target the opposition parties, intimidate them and cripple their activities. Justice will prevail, and truth will prevail. He is one of the important leaders of INDIA bloc. His release will strengthen the INDIA bloc so that the undemocratic right-wing forces are defeated and the rights of people are safeguarded.» JMM MP Mahua Maji said that after 2014, there was a BJP government in the state and Hemant Soren conducted several rallies. People supported him and he formed the government.

suspicious bets on a July election just before it was announced; two candidates have been dropped by the party. (Several police officers are also being investigated.) This is misconduct at its most tinpot: risking a career, and increasing the likelihood of electoral annihilation, for the sake of a few hundred quid.Some would rather not fight at all. Top-flight politicians once stuck around, at least for a little while, offering wisdom extracted from their own screw-ups.