Election Financial News

budget in mid-July after a shock election outcome in which Modi failed to win a majority and has returned to power with the help of allies. The budget, Modi's first major policy announcement in his third term, is expected to lay out possible changes to India's economic priorities for the next five years, the tenure of the coalition government. Indian Finance Minister Nirmala Sitharaman is considering lowering personal tax rates for certain categories of individuals while sticking to the nation's fiscal deficit target for the year, government sources have said.

Two years ago, the British government decided to spend big to outsource a migration problem. To deter migrants seeking asylum from illegally entering the country, it announced a radical plan: Those smuggled on makeshift dinghies to British shores would be sent to Rwanda, a small country in central Africa, where they would remain. The U.K.

Suzlon Energy shares have rallied 11% since June 4, 2024, after a 3% fall on the election outcome. On Monday, the counter hit a fresh 52-week peak and in the process gave a breakout from the last week high. The stock is a momentum pick, say analysts who see up to 28% upside over the current levels. On Tuesday, Suzlon Energy stock ended at Rs 53.62, down by Rs 1.09 or 2%.

Meanwhile, the broader market continued its upward journey so far this year as well with the Nifty smallcap and midcap indices rising 20% each.

Investors have pared exposure to sectors including renewable energy and electric cars as candidates in some of the dozens of nations holding polls this year have raised concerns over the costs and speed of efforts to curb emissions.

Lok Sabha Speaker election today LIVE UpdatesOm Birla of the BJP-led NDA coalition will likely become the next Speaker of the Lok Sabha, barring any instances of cross-voting. Government vs Opposition for Lok Sabha Speaker post: Here's a breakdown of the numbers Given the NDA's substantial majority of 297 MPs (including allies and supported parties), Om Birla's election as the Speaker appears highly probable unless there are unexpected defections or instances of cross-voting where members from the NDA coalition vote against their candidate.Cross-voting in elections refers to the practice where a voter casts their ballot in favour of a candidate or party other than the one they officially support or are affiliated with.

Bhartiya Janata Party (BJP) leader and National Democratic Alliance (NDA) candidate Om Birla, who was the Speaker in the 17th Lok Sabha, is up against INDIA bloc leader and eight-term Congress Parliamentarian K Suresh for the crucial post. Follow Live Updates on Lok Sabha Speaker election today HereThe election was forced after the ruling NDA and Opposition INDIA bloc failed to arrive at a consensus for the Speaker and the Deputy Speaker post.Usually, the Speaker of the Lok Sabha is appointed with consensus between the ruling and the opposition camps.

Catch all the Lok Sabha Speaker election today LIVE Updates here on LiveMint.Odisha: On Om Birla being nominated as Speaker of the Lok Sabha by NDA, BJD MP Muzibullah Khan says, "... We were expecting pro-tem speaker Bhartruhari Mahtab to be nominated as the Speaker. He is a very experienced leader.

Lok Sabha Speaker election today LIVE UpdatesIt will be interesting to see how the election unfolds and what its implications are for the functioning of the Lok Sabha in the coming sessions.The battle for the Speaker post is between the BJP's Om Birla, a three-time MP from Rajasthan Kota, and Kodikunnil Suresh of the Congress, an eight-term parliamentarian from Mavelikara, Kerala, who holds the distinction of being the longest-serving parliamentarian in the 18th Lok Sabha.The situation arose when the NDA declined the Opposition INDIA bloc's proposal to allocate the Deputy Speaker's position to the Opposition in return for backing the NDA candidate.Traditionally, the Lok Sabha Speaker and Deputy Speaker were elected through consensus between the ruling party and the Opposition.Both the BJP in power and the primary opposition Congress Party have issued strict three-line whips to their members, requiring their attendance in the Lok Sabha on Wednesday from 11 am until the conclusion of the day's proceedings.The Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) has 293 MPs in the 543-member Lok Sabha. The Telugu Desam Party (TDP), with 16 seats, and Janata Dal (U), with 12 seats, are the biggest allies of the BJP, which won 240 seats.The NDA, which commands 293 MPs in the 543-member Lok Sabha, holds a clear majority, with YSRCP supporting them; their numbers now stand at 297, while the opposition INDIA bloc comprises 234 MPs.The last contest for the Central Legislative Assembly Speaker post was held on January 24, 1946.

Congress chief Mallikarjun Kharge on Tuesday praised the appointment of Congress leader Rahul Gandhi as Leader of the Opposition in Lok Sabha and said that the House of the People shall truly reflect the aspirations of the last person standing, with Rahul Gandhi becoming their voice. Congress on Tuesday declared that Rahul Gandhi, party's MP from Raebareli will be Leader of the Opposition in the 18th Lok Sabha, ending the 10-year spell of no LoP in the Lower House since 2014. «In the 18th Lok Sabha, the House of the People shall truly reflect the aspirations of the last person standing, with Rahul Gandhi becoming their voice,» Kharge posted on X.

Lok Sabha Speaker Elections: For the first time in Lok Sabha history, an election for the Speaker's post will take place on Wednesday. The BJP's ruling NDA government and the Congress-led INDIA opposition could not reach a consensus, leading to this unprecedented scenario.

Deputy Prime Minister Chrystia Freeland says she still has faith in Prime Minister Justin Trudeau’s leadership, after the party lost what was once considered one of the safest Liberal seats in the country.

Bar Association Srinagar, president Mian Qayoom on Tuesday in connection with conspiracy pertaining to murder of advocate Babar Qadri in 2020. The officials informed that Qayoom was summoned for questioning by the State Investigation Agency officials and later detained for sustained interrogation in connection with the murder. The officials claim that they have collected «substantial evidence against Qayoom, who has emerged as a primary suspect in the case.» However, the SIA or J&K police are yet to issue a formal statement confirming his detention or arrest. Qadri, who had shot to prominence for his participation in high pitched TV debates on the situation in Kashmir, was shot dead at his residence in Hawal area of downtown Srinagar by unknown gunmen posing as potential clients, on September 24, 2020. The killing took place at a time when he had just launched a party of his own and posted videos on social media criticizing J&KHCBA Srinagar of which he was a member as well. His membership was suspended following the floating of his own party.

Americans have a lot of worries about retirement, whether that’s having too little in savings or how the upcoming presidential election will hurt their accounts.

Canada’s Conservative Party won a special election in a district in central Toronto, dealing a substantial blow to Prime Minister Justin Trudeau’s Liberal Party ahead of a national vote expected next year.

NDTV. Now with the support of YSRCP, Om Birla is likely to get the votes of 297 Lok Sabha MPs, clearing the way for him to takeover as the Lok Sabha speaker again.Congress leader Rahul Gandhi said Defence Minister Rajnath Singh failed to give an assurance on the opposition party’s claim to the Deputy Speaker's post.On Tuesday, as the Congress nominated eight-term member Kodikunnil Suresh for the Lok Sabha Speaker's post, Parliamentary Affairs Minister Kiren Rijiju appealed to the opposition to reconsider its decision.In the Lok Sabha, the Speaker is elected through a simple majority vote.

opposition bloc, has forced a contest for the post of the Lok Sabha speaker which has been decided with consensus for decades. While the NDA has fielded former Speaker Om Birla, INDIA has picked Congress leader and senior-most Lok Sabha MP Kodikunnil Suresh. As per the Lok Sabha Secretariat, the first such contest was in 1952 between GV Mavalankar and Shankar Shantaram. Mavalankar won with 394 votes whereas Shantaram got 55. The second such fight happened in 1976 between Baliram Bhagat and Jagannath Rao. Bhagat won with 344 votes while Jagannath Rao got 58. NDA candidate Birla was unanimously elected as the Speaker of the previous 17th Lok Sabha. Birla's name was proposed by Prime Minister Narendra Modi and was supported by all major opposition parties, including Congress, TMC, DMK, and BJD. The YSRCP and TDP also supported Birla's candidature.

Kiren Rijiju on Tuesday urged the Congress not to force a contest for the post of Lok Sabha Speaker as the presiding officer does not belong to any party. Rijiju's remarks came after Congress leader Kodikunnil Suresh filed the nomination for the post of Lok Sabha Speaker against the NDA nominee Om Birla, forcing a rare election to the post after 48 years. «I appeal again that they should think about keeping in mind the dignity of the post of Speaker. We have the numbers but still, we are requesting that there should be no election for the post of Speaker because this post does not belong to any party,» the Parliamentary Affairs Minister said. He said the government had contacted major opposition parties over the last two days for consensus on the post of the Speaker.

Manipur government has clarified that there has been no additional deployment of security forces in the state. The security personnel who were requisitioned outside Manipur for the conduct of the General Elections to the 18th Lok Sabha are merely returning to their original bases.

Crypto could become the predominant “Trump Trade” this election cycle as Republican prospects improve and the party’s leader increasingly supports a pro-crypto stance, Bernstein analysts suggested.

₹19.38 crore on Facebook and Instagram, and the Congress spent at least ₹10.88 crore. Similarly, the BJP spent at least ₹85.8 crore, and the Congress at least ₹45.4 crore on Google, including YouTube. The ad repositories of Google and Meta, which are not as transparent as they should be, and only tell part of the story, show that the two companies earned 9-10 digit figures from just two major political parties between February and May 2024.