Election Financial News

The peso’s volatility influenced the central bank’s decision Thursday to hold rates steady, Banco de Mexico’s Governor Victoria Rodriguez said. Given its possible effects on inflation, it could also play a role in how the bank weighs future cuts.

It almost didn't seem to matter that CNN's Dana Bash and Jake Tapper were on stage for the much-awaited presidential debate between Joe Biden and Donald Trump

Mongolia, where parliamentary elections are being held Friday, is a sparsely populated and landlocked Asian nation known for its bitter winter cold and independent spirit

Vokkaliga seer publicly urged Karnataka Chief Minister Siddaramaiah to step down and make way for his deputy D K Shivakumar, a prominent seer from the dominant Veershaiva-Lingayat community on Friday urged that ministers from his community should be considered in case there is a change in CM post. Also pitching for Veershaiva-Lingayat ministers to be considered in case additional deputy chief minister posts are created, Srisaila Jagadguru Channa Siddharama Panditaradhya Swamiji pointed out that the community votes were decisive for Congress to form government in the state. «Karnataka state political developments and news that is emerging are in discussion. In case there is a change in the chief minister post and if additional deputy CM posts are created — in such a situation, I urge the party (Congress) and government to give priority to ministers from the Veerashaiva-Lingayat community,» the seer said. Speaking to reporters here, he said, «The reason is, during the government formation, Veerashaiva-Lingayat votes were decisive. So Veerashaiva-Lingayat ministers should be given priority. There are ministers like — Eshwar Khandre, M B Patil, S S Mallikarjun — such people should be considered and their experience should be utilised. I urge that they should be given an opportunity.»

Fathimath Shamnaz Ali Saleem was fired from her job after being detained on suspicion of practicing witchcraft on Maldives President Mohamed Muizzu alongside her two brothers. State minister Shamnaz of the Ministry of Environment was detained on June 23 along with two other suspects and placed under a seven-day remand. The Environment Ministry of the Maldives removed her from her position on Wednesday.

Crypto donations have emerged as a prominent trend in the 2024 presidential election campaign.

Reliance Industries and Bharti Airtel hit their fresh all-time highs in intraday trade on Friday, 28 June, indicating investors' positive reaction to the tariff hike reports.Industry experts anticipated tariff hikes following the Lok Sabha elections due to declining revenue and margins in the sector. Companies require capital to invest in spectrum and cutting-edge technologies.Experts believe the tariff hikes are a positive step and will augur well for stock prices.

NEW DELHI : The nearly three-month-long election process slowed down the construction of highways in the first two months of fiscal year 2024-25 despite the Centre front-loading capital expenditure, showed data from the ministry of road transport and highways (MoRTH). The highway construction fell by12% to 1,288 kilometres in April-May from 1,465km in the year-ago period, showed the data. Besides, the government awarded only one 4km road project during the two months, compared to road projects of 382 km a year ago “due to the imposition of the Model Code of Conduct", the road ministry said in an office memorandum on Friday.

Around 61 million Iranians are eligible to vote in the polls where reformist Masoud Pezeshkian, 69, hopes for a breakthrough win against a divided conservative camp.

National Commission for Women on Friday took note of the alleged attack on a BJP woman worker in West Bengal and has demanded a detailed action report which is to be submitted to the Commission within three days. The Bhartiya Janata Party on Thursday alleged that a Muslim woman named Rosonara Khatun was stripped and beaten in West Bengal's Coochbehar for supporting their party. The incident took place at Ramthenga Market in the Mathabhanga Assembly of Coochbehar district, claimed BJP leader Amit Malviya.

Market Research Society of India (MRSI), India’s foremost industry-led market research organisation, has formed its Managing Committee for the tenure of 2024–2027. Nitin Kamat, Chief Growth and Partnerships Officer, TAM Media Research, has been elected as the new president. He takes over from Paru Minocha, Managing Director, South Asia, Insights Division, Kantar.

A joke cryptocurrency token based on Joe Biden plummeted on Friday after the incumbent president debated Donald Trump in their first presidential debate of the election cycle on Thursday.

Britain's economy grew 0.7% in the first three months of this year compared with the previous quarter, above an initial estimate of 0.6% growth, official figures showed on Friday. The figures come less than a week before Britons vote in an election which opinion polls suggest will see Labour Party leader Keir Starmer replace Conservative Prime Minister Rishi Sunak.

Congress on Friday hit out at the Modi government over the Delhi airport roof collapse, saying "corruption" and "criminal negligence" is responsible for the shoddy infrastructure created in the last 10 years. One person died and six were injured after a portion of the roof of the Delhi airport's Terminal-1 collapsed on cars, including taxis, amid heavy rain early Friday, leading to suspension of flight departures. Civil Aviation Minister K Rammohan Naidu said he was monitoring the situation and the injured had been hospitalised. «Corruption and criminal negligence is responsible for the collapse of shoddy infrastructure falling like a deck of cards, in the past 10 years of Modi Government,» Congress president Mallikarjun Kharge said in a post on X..

India-Middle East-Europe Economic Corridor (IMEC) will prove to be one of the «biggest game-changers» of the 21st century, President Droupadi Murmu said in Parliament on Thursday. She also said the global order is taking a «new shape» and that the government's efforts are resulting in «Bharat» giving a new confidence to the world as a «Vishwa-Bandhu» (friend of the world). In her address to a joint sitting of the Parliament, Murmu said India today is the first responder in any crisis and has become a strong voice of the Global South in view of its human-centric approach. Outlining priorities of the Modi government in the foreign policy domain, the president said India is giving great emphasis on connectivity.

Taiwan has urged its citizens to avoid travel to China and the semi-autonomous Chinese territories of Hong Kong and Macao following threats from Beijing to execute supporters of the self-governing island democracy's independence. Spokesperson and deputy head of the Mainland Affairs Council Liang Wen-chieh issued the advisory at a news conference Thursday. That came amid growing threats from China, which claims Taiwan as its own territory to be annexed by force if necessary.

Ebrahim Raisi. Amirhossein Ghazizadeh Hashemi, 53, dropped his candidacy and urged other candidates to do the same “so that the front of the revolution will be strengthened," PTI reported.Ghazizadeh Hashemi was one of Raisi's vice presidents and the head of the Foundation of Martyrs and Veterans Affairs.

Joe Biden and his Republican rival, Donald Trump, will meet for a debate on Thursday that offers an unparalleled opportunity for both candidates to try to reshape the political narrative. Biden, the Democratic incumbent, gets the chance to reassure voters that, at 81, he's capable of guiding the U.S. through a range of challenges. The 78-year-old Trump, meanwhile, could use the moment to try to move past his felony conviction in New York and convince an audience of tens of millions that he's temperamentally suited to return to the Oval Office.

shipping companies for transporting Iranian oil, saying it was a response to Tehran's nuclear «escalation,» on the eve of presidential elections in the Islamic republic. «Over the past month, Iran has announced steps to further expand its nuclear program in ways that have no credible peaceful purpose,» Secretary of State Antony Blinken said in a statement.

slowdown in India's fast-growing economy held steady in the first Reuters poll of economists since the ruling Bharatiya Janata Party (BJP) lost its parliamentary majority in phased national elections that ended in early June. Asia's third-largest economy grew 8.2% in the last fiscal year, the fastest among major economies. But growth is set to slow to 7.0% and then 6.7% in the current and next fiscal years, according to a June 19-27 Reuters poll of over 50 economists.

Donald Trump laid the blame for the Ukraine war at US President Joe Biden's feet Thursday, insisting that the invasion never would have happened «if we had a leader.» «This is a war that never should have started. If we had a leader in this war… He's given $200 billion now or more to Ukraine, he's given $200 billion.