Election Financial News

new Speaker on June 26 for which notices for motions supporting candidates can be submitted by members by 12 noon a day prior, the Lok Sabha secretariat said on Thursday. The 18th Lok Sabha will meet for the first time on June 24 and the session will conclude on July 3. At any time before 12 noon on the day preceding the date fixed for the election, any member can give notice in writing to the secretary general of a motion supporting another member for the office of the speaker, a Lok Sabha bulletin noted. «In the present case, notices of motions for the election of the Speaker can be given before 12 noon on Tuesday, June 25,» it explained.

Indian stock markets regained their composure after a period of volatility, with a significant rise in the share of stocks that traded in positive territory. This came after a whirlwind of emotions that gripped investors in the lead-up to and the aftermath of the election results last week. “The Indian stock market has shown strong resilience after the recent election results," said Kranthi Bathini, director of equity strategy at Wealth Mills Securities.

Modi 3.0: As Nirmala Sitharaman back on FM's chair, share market pundits bet on…Experts say it is almost evident that the ultra-low rate regime of the pre-pandemic era may not return. What should be the investment strategy during an elevated rate regime?Mint consulted experts for their insights on investment strategies during an elevated rate regime. Here’s what they shared:Hajra said in a high-interest-rate environment, a greater allocation to fixed income over equity assets is advisable.

By Allan Lanthier

«This is potentially on cards and this could be the potential driver for some of the stocks in this year. Adani has pumped in 20,000 crore into Ambuja and it is very difficult to put in greenfield projects,» says Rakesh Arora, Founder, Go India Stocks. There are three things we will discuss. One is the consolidation in the sector, which has happened two-three years ago, is that real? How will smaller cement companies exist and coexist? And after three-four years of perhaps flat performance by cement stocks, are we in for a good time for cement stocks? So, three things. What do you want to start with? Cement industry, I mean, obviously, demand is working for them. There has been no doubts about demand picking up in India given all the infrastructure boom, etc. And it is always the cycles of supply which really matters. Demand has never been questioned. And this is where there is a little bit of an issue because you have two top players gunning for market share and they are trying to increase capacity quite significantly.

Chowna Mein took oath as the Deputy Chief Minister of Arunachal Pradesh on Thursday for his second consecutive term. Pema Khandu was sworn-in as Chief Minister of Arunachal Pradesh at a ceremony in Itanagar. Arunachal Pradesh Governor Lieutenant General Kaiwalya Trivikram Parnaik (retd.) administered the oath of office to the ministers. A total of 11 MLAs, including the Chief Minister and his deputy, took the oath of office today in the Arunachal Pradesh assembly.

Bharatiya Janata Party (BJP) may snap ties with Ajit Pawar-led NCP and, instead, fight the upcoming Maharashtra assembly elections with Chief Minister Ekanth Shinde-led Shiv Sena as its ally, according to a report in the New Indian Express. This after a write-up in an RSS mouthpiece said that the alliance with Deputy Chief Minister Ajit Pawar-led NCP was one of the reasons for the BJP’s Lok Sabha poll setback in Maharashtra.The opposition Maha Vikas Aghadi (MVA) won 30 of the Maharasthra’s 48 seats in the recently-concluded Lok Sabha Elections 2024. The ruling Mahayuti, a part of the NDA, bagged just 17 seats.

Soundararajan and instructing her something while waging his finger. Tamilisai was the BJP's Lok Sabha Election candidate from South Chennai.

Results of the recently concluded general election for the Lok Sabha have given the National Democratic Alliance (NDA) a clear mandate to form the government for a third successive term, although there is also a message for it in the sharply reduced seats it now holds. The principal party in this alliance, the Bharatiya Janata Party (BJP), won only 240 seats, lower than the required 272 for a House majority, while the BJP had a majority of its own supporting the past two governments. While it may not hamper the smooth functioning of the government, the decline of BJP MPs in the Lok Sabha was unexpected, given that pollsters as well as the party had claimed a likely increase in its tally.

Bhartiya Janata Party (BJP), two by the Congress and one by the Rashtriya Janata Dal (RJD).Of the vacant seats, two each are in Assam, Bihar and Maharashtra and one each in Haryana, Madhya Pradesh, Rajasthan and Tripura. The Election Commission of India is yet to announce the poll dates for these Rajya Sabha seats. But clearly, it is going to be another interesting battle between the BJP-led National Democratic Alliance (NDA) and INDIA bloc, especially in Haryana and Maharashtra.

The British economy failed to grow in April in a blow to Prime Minister Rishi Sunak who has made the return of growth a central pillar of the Conservative Party’s election campaign

SBI Mutual Fund, the country’s largest fund house, has become the first mutual fund house in India to surpass Rs 10 lakh crore of Average Asset Under Management (AAUM).

Parameshwara spoke about this on Wednesday as the city, with its ever growing population, is sinking under its own weight.

In its general election manifesto published today (12 June), the party also promised to change the Bank of England's mandate to make the sustainability transition a central objective, alongside price stability. The Greens, led by Carla Denyer and Adrian Ramsay, said the Bank will be required to mainstream the climate crisis into its strategic thinking and produce a carbon-neutrality roadmap for the financial system, including forward planning scenarios consistent with a 1.5°C warming limit. Other proposals include requiring the BoE to adopt a policy of credit guidance to direct lendin...

₹2 trillion in market capitalization today, propelling the total to a record ₹429 trillion."Most ministers retaining their portfolios signals policy continuity," remarked Manish Sonthalia, CIO, Emkay Investment Managers. This suggests that pending tasks from the second term will be addressed in the third term, with the countdown to the first 100 days and the upcoming budget already underway, he said."On top of that, what's fuelling this rally to new heights is the fear of missing out (Fomo) buying," believes Sonthalia.

Pema Khandu will become the chief minister of Arunachal Pradesh.

chief minister. True to his word, he has now ascended to the position and is poised to enter the House.

Chandrababu Naidu as the Chief Minister of Andhra Pradesh witnessed a touching moment when Prime Minister Narendra Modi embraced him in a long hug and gave him a pat on the back. This gesture, full of warmth and camaraderie, symbolized a moment of unity and support within the National Democratic Alliance (NDA).

Rahul Gandhi on Wednesday talked about choosing between Raebareli in UP and Wayanad in Kerala but did not provide a clear answer.

Sharad Pawar on Wednesday said gone are the days of one-person rule as the new government at the Centre could not have been formed by the BJP without the help of other parties. With the coalition government in place at the Centre, the Modi guarantee is now over, a change made possible by the power of the voters, he said.