Election Financial News

Sonia Gandhi in a leading English daily, Rajya Sabha Leader of Opposition and party president Mallikarjun Kharge on Saturday accused Prime Minister Narendra Modi of not «reflecting» on the message given to him by voters in the recent parliamentary elections. "'There is no evidence that the Prime Minister has come to terms with the electoral outcome or has reflected on the message sent to him by voters', writes CPP Chairperson, Smt. Sonia Gandhi," posted Kharge on social media platform X today. Alongside his tweet, Kharge also attached the news article tilted «Preaching consensus, provoking confrontation,» written by the Sonia Gandhi, the chairperson of the Congress Parliamentary party.

Saeed Jalili ahead Saturday, followed by reformist Masoud Pezeshkian. The early results, reported by Iranian state television, did not initially put Jalili in a position to win Friday's election outright, potentially setting the stage for a runoff election. It also did not offer any turnout figures for the race yet — a crucial component of whether Iran's electorate backs its Shiite theocracy.

MUMBAI : Foreign investors in India’s equity markets have shed their pre-election jitters and remain on a bullish streak ahead of the Union budget, assured of political and economic continuity with Narendra Modi returning as Prime Minister for a third successive term. Nirmala Sitharaman, in her second successive term as India’s finance minister, will present the federal budget for 2024-25 next month. Foreign institutional investors, or FIIs, have turnedbullish ahead of the budget not just in the cash segment of Indian equities but also on the derivatives segment.

₹34.4 trillion for FY2024 by ₹276 billion, as per the provisional data released by the Controller General of Accounts (CGA). This overshooting implies that the growth in the FY2025 Interim Budget Estimates (IBE) is quite modest at 10.6%, mildly trailing our projection of nominal GDP of 10.8% for the fiscal.

influential couple in the UK. They are not the most powerful people at least according to Tatler’s 2024 Social Power Index. Newly married Duke and Duchess of Westminster, who tied the knot in a lavish ceremony, have replaced the King and the Queen in this year's list. There are many other people on the list, and most of them are unexpected.

Biman Bandyopadhyay has sought the intervention of Vice-President Jagdeep Dhankhar to resolve the stand-off over the oath-taking ceremony of the two newly-elected Trinamool MLAs. Meanwhile, Bengal Governor CV Ananda Bose on Friday hit out at CM Mamata Banerjee, saying, «It is expected of public representatives to abide by the Constitution and not generate erroneous and slanderous impressions, obliquely adverse to the Governor, in public mind». Bose's statement comes a day after Banerjee said that women were scared to go to the Raj Bhawan and the oath-taking ceremony of the two Trinamool MLAs could not be held after they got elected almost a month back. «The alibis floated in public domain are untenable,» Bose posted on X. Bose is now following the X Handle route like former Bengal Governor Jagdeep Dhankhar, to give his statements.

Melania Trump’s absence during the first US presidential debate in Atlanta and her prolonged absence from her husband’s political campaigns has left some people curious. She has not been a part of any major event alongside Donald Trump and this has raised questions pertaining to their relationship. During the event on Thursday, Joe Biden was joined by his wife Jill Biden while Trump was with his advisors. The debate between the two potential presidential nominees ended with Trump having an edge. He appeared to be confident and cornered Biden on many issues.

Tamil Nadu assembly on Friday unanimously passed a resolution against the National Eligibility-cum-Entrance Test and urged the Union government to scrap the test. The resolution called for state governments to be allowed to undertake medical admissions based on class 12 marks, as was done before NEET was introduced. The resolution was introduced by chief minister MK Stalin. The resolution was passed with support from legislators from the ruling alliance parties, including MMK, DMDK, TVK and the CPI(M), as well as PMK, amid a boycott by BJP. The resolution also nudged the Union government to approve a bill passed by the House in 2022 seeking exemption from NEET for students from the state. Abolition of NEET has also been one of MK Stalin's and the DMK's election promises.

Joe Biden’s allies wanted him to demonstrate strength and energy on the debate stage to help put to rest questions about the 81-year-old Democrat’s physical and mental acuity.But on the biggest stage in U.S. politics on Thursday night, Biden did not meet their modest expectations.And by the end of the 90-minute showdown, the Democratic president’s allies — party strategists and rank-and-file voters alike — descended into all-out panic following a debate performance punctuated by repeated stumbles, uncomfortable pauses, and a quiet speaking style that was often difficult to understand.

Joe Biden's halting debate performance has led some in his own party to begin questioning whether he should be replaced on the ballot before November. There is no evidence Biden is willing to end his campaign. And it would be nearly impossible for Democrats to replace him unless he chooses to step aside. Here's why:

European stocks are cheap relative to US equities from a valuation perspective. And they got even cheaper recently, dipping after French President Emmanuel Macron called for a snap election amid the rise of the National Rally party’s Marine Le Pen.

Manipur Chief Minister N Biren Singh stated that some MLAs have gone to meet central leaders to effectively address Manipur's issues, not to seek his resignation. A meeting of MLAs was held on Thursday where it was decided to submit a memorandum for lasting peace in Manipur and to make a courtesy call for the victory of the NDA in the general election. Singh mentioned that a small committee would meet central leaders. The memorandum was signed by around 34 to 35 NDA MLAs. He highlighted that it was decided to seek appointments with the Prime Minister and Union Home Minister after the parliamentary session. «They MLAs have entrusted me for getting the appointment,» he said. Biren Singh clarified, «Some MLAs have gone for people are seeking solution and peace. This is rumours promoted by vested interest groups that they have gone to seek my resignation. It is wrong.» He further explained that at the meeting, MLAs expressed their appreciation for Prime Minister Narendra Modi and Union Home Minister Amit Shah for their resolve to solve the Manipur issue. «Shah has even started holding meetings with different agencies,» Singh stated.

Motilal Oswal picked Maruti Suzuki and Ashok Leyland as their top picks from among the auto OEMs while Craftsman Automation, Happy Forgings and Samvardhana Motherson International from the auto ancillary segment, stating that one will have to make selective micro strategies to outperform in the sector. “It is now an established fact that the majority of easy gains in Auto OEM stocks are now behind us, as we have witnessed significant volume growth across segments over the last two years, and input costs also appear to have bottomed out,” said a report by Motilal Oswal.

Michelle Obama is reluctant to support Joe Biden in his re-election campaign. Axios reported that she has been unhappy with the Biden Family for the way the manner in which they treated Kathleen Buhle, her close friend. Buhle is Hunter Biden’s ex-wife and the couple obtained a divorce in 2017. She has expressed her disappointment in private and has largely stayed away from the political campaign ahead of the US Presidential Election in 2024. It has also been suggested that she is not interested in politics and has hence, stayed away. This has been reported by the New York Post.

The U.K. general election on July 4 is just days away now no doubt to the relief of the party leaders who have crisscrossed the country in a grueling month of campaigning

Candidates in France are making their last campaign pushes for the first round of voting in a pivotal and polarizing legislative election

In a stock exchange notice today (28 June), HNE noted that, as part of the proposals to merge with the Henderson European Focus trust (HEFT) to create the Henderson European trust, investors holding 52.5% of HNE shares opted to receive new shares in the merged trust. This included shareholders who made no election on the matter. The remainder of shareholders — representing 47.5% of issued shares – opted for a cash option. Henderson European Focus tender offer oversubscribed by more than double However, HNE explained the cash option is limited in aggregate to 15% of the issued sh...

Finance Minister Ajit Pawar announced on Friday that the subsidy of Rs 5 per litre for milk producers in Maharashtra will be extended, as he presented the state's budget for 2024-25 in the legislative assembly. This budget marks the final one before the assembly elections for the BJP-Shiv Sena-NCP government. Pawar also stated that the state plans to establish 18 new medical colleges. Milk Producer Subsidies Pawar further mentioned that Rs 223.83 crore in subsidies have already been disbursed to 2.93 lakh registered milk producers at the rate of Rs 5 per litre. He assured that the remaining subsidy will be distributed promptly. Farming Initiatives

Argentina’s lower house has approved President Javier Milei's sweeping economic overhaul bills, sealing a much-needed legislative victory for the libertarian leader after six months of bruising negotiations and raucous protests that had raised question...

US Presidential debate between the two presidential nominees, Donald Trump and Joe Biden has ended on a negative note for the Democrats. Many of the legislators and donors have called for replacing incumbent President Joe Biden on the ballot box, ahead of the presidential election in November 2024. Joe Biden appeared to have fumbled on many occasions and was found to be nervous during the debate. The Democrats will be announcing the name of their presidential nominee during the Democratic Party National Convention in August. President Joe Biden is expected to be the nominee. The party may consider other candidates after the debacle yesterday in Atlanta.

Jesse Powell, one of the co-founders of the popular cryptocurrency exchange Kraken, has announced a donation of $1 million to Republican presidential candidate Donald Trump, with the majority of the contribution made in the form of Ether.