Election Financial News

Narendra Modi's «lower political capital» will make it difficult for the new government to implement hard reforms, a Swiss brokerage said on Monday. The potential rate of growth can go up to over 7.5 per cent, if the government is able to implement tougher reforms like those related to land, farming, divestments, Uniform Civil Code and one nation one election, UBS Securities said.

portfolios to several elected Lok Sabha members of the Bharatiya Janata Party (BJP) for Modi 3.0. Notable leaders such as Amit Shah, Rajnath Singh, Nirmala Sitharaman, and S Jaishankar have retained their key portfolios from Modi government 2.0, ensuring continuity and stability in key ministries.

Manohar Lal Khattar has been allocated Ministry of Power, Housing and Urban Development in Prime Minister Narendra Modi's new cabinet.

Karnataka Home Minister G Parameshwara on Monday slammed the newly-minted central government, accusing the NDA 3.0 regime of “neglecting” backward classes and Dalit communities while picking MPs from the state for the union council of ministers.

Voices within the ruling Congress calling for a reassessment of the five guarantees are getting louder after the party came a distant second in the Lok Sabha polls even after pledging Rs 52,000 crore annually on these programmes.

Ram Mohan Naidu, a Member of Parliament (MP) from the Telugu Desam Party, has assumed the position of the Civil Aviation Minister, replacing BJP's Jyotiraditya Scindia.

The results of the weekend’s European Parliament elections may not have been entirely surprising, but they’re a shock to Europe’s system nonetheless. So-called euroskeptic parties notched their best results to date in Continent-wide polls. This doesn’t mean Europeans don’t want the European Union, but it does signify they want an EU that serves them better.

U.S. Secretary of State Antony Blinken is set to arrive in the Middle East on Monday in an effort to salvage cease-fire negotiations, as leaders from Hamas and Israel express skepticism toward President Biden’s peace plans. Blinken’s trip—which includes stops in Egypt, Israel, Jordan and Qatar—comes at a sensitive time after eight months of fighting.

Venue : Nassau County International Cricket Stadium, New York South Africa squad - Aiden Markram, David Miller, Reeza Hendricks, Tristan Stubbs, Keshav Maharaj, Marco Jansen, Heinrich Klaasen, Quinton de Kock, Ryan Rickelton, Anrich Nortje, Bjorn Fortuin, Gerald Coetzee, Kagiso Rabada, Ottneil Baartman, Tabraiz Shamsi Bangladesh squad - Najmul Hossain Shanto, Tanzid Hasan, Towhid Hridoy, Mahedi Hasan, Mahmudullah, Shakib Al Hasan, Soumya Sarkar, Jaker Ali, Litton Das, Mustafizur Rahman, Rishad Hossain, Shoriful Islam, Tanvir Islam, Tanzim Hasan Sakib, Taskin Ahmed South Africa vs Bangladesh Live Score: Bangladesh (Playing XI) - Litton Das (WK), Tanzid Hasan, Najmul Hossain Shanto (C), Towhid Hridoy, Shakib Al Hasan, Mahmudullah, Jaker Ali (In for Soumya Sarkar), Rishad Hossain, Taskin Ahmed, Tanzim Hasan Sakib, Mustafizur Rahman. South Africa vs Bangladesh Live Score: South Africa (Playing XI) - Quinton de Kock (WK), Reeza Hendricks, Aiden Markram (C), Heinrich Klaasen, David Miller, Tristan Stubbs, Marco Jansen, Keshav Maharaj, Kagiso Rabada, Anrich Nortje, Ottneil Baartman.

Congress leader Sachin Pilot on Monday said the opposition will not allow the new BJP-led NDA government to function in an «arbitrary» manner, following a fractured mandate in the Lok Sabha polls. Speaking to reporters in Tonk where he inaugurated a 'Shaheed Smarak', the former Rajasthan deputy chief minister also expressed grief over the loss of lives in the terror attack in Jammu and Kashmir's Reasi.

PM Narendra Modi and his new council of ministers, speculation is rife about who will be the next finance minister. Will Nirmala Sitharaman retain her position in the finance ministry for a consecutive second term, or will she move to a different ministry this time?

Bengaluru: Terming the Lok Sabha election outcome in Karnataka as a «warning bell» to the Congress, its state unit chief D K Shivakumar on Monday indicated that the ruling outfit in the State is currently on a fact-finding mission to find out the reasons for the below par performance. Also the Deputy Chief Minister, he stressed on the need to look at what went wrong and rectify them, as he called upon party men not to speak before the media regarding the party's performance and blaming someone for it.

Pakistan Prime Minister Shehbaz Sharif and his elder brother and the ruling party supremo Nawaz Sharif on Monday wished Narendra Modi for taking oath as the prime minister for the third consecutive term. In his message posted on X, Nawaz, the former prime minister and chief of the Pakistan Muslim League (PML-N), said that Modi's success in recent elections reflects the confidence of the people in his leadership and asked him to seize the opportunity to shape the destiny of the two billion people of South Asia.

Sikkim Krantikari Morcha supremo Prem Singh Tamang took oath as the Chief Minister of the Himalayan state for a second consecutive term on Monday.

Asset managers added to wagers that the dollar will fall just before stronger-than-expected US jobs data catapulted the greenback to a one-month high. 

«Look at companies where growth is intact but are trading at reasonable valuations rather than chasing momentum and looking at companies where valuations are elevated,» says Shibani Sircar Kurian, Kotak Mahindra AMC. What part of this nervousness will you attribute to the uncertainty regarding the portfolio allocations at the cabinet level or do you think whoever gets whatever in terms of the various ministries, it does not really change the prospects at company level, at the index level and hence one should completely ignore the noise which is coming in from the political scene right now. Our belief is that now that the elections and the verdict is behind us, it is back to basics and back to fundamentals. So, for India as such and for the markets, if you look at the three factors that were driving markets so far are largely intact.

Narendra Modi on Monday will set the ball rolling for his third consecutive term by announcing the key portfolios allotted to ministers a day after their swearing-in ceremony after the first Cabinet meeting.

People familiar with the matter told the FT that the regulator's board has earmarked a meeting on 27 June to decide whether to approve the final version of the rules, which aim to boost the UK's struggling stock market.  FCA unveils listings regime proposals to simplify market access for companies Once the changes are confirmed publicly, they will take effect after a two-week implementation period.  The FCA is not expected to make any announcements until after the general election, with the exact timing is yet to be determined. However, the FT said some City advisers anticipate the...

as per the government.The Council of Ministers in Modi 3.0 has 13 members from the Rajya Sabha, while 57 are newly-elected MPs from the Lok Sabha. Two of the new ministers of state – Ravneet Singh Bittu and George Kurian – are not members of either Lok Sabha or Rajya Sabha and are required to become a member of Parliament within six months of their oath-taking.Of the total 31 cabinet ministers, including PM Modi, as many as eight are Rajya Sabha members.

The Kerala Story may not have had any takers in the southern state but the agenda wrapped in it could gradually resonate with its so-far bipolar electorate, Lok Sabha Election Results 2024 reveal.And that may not be a once-in-a-blue-moon bloom, as the top political fronts–the ruling CPM-led Left Democratic Front and the Opposition Congress-led United Democratic Front—would like to believe.If you dig deep into the poll data, A-Plus seats, where the BJP-led NDA considers the probability of its candidate emerging victorious, have mounted to 20. Of the 140 assembly segments, the NDA led in 11 seats and came second in nine LS constituencies of Thiruvananthapuram, Attingal, Alappuzha, Palakkad and Kasaragod.

₹9,606 crore, the highest in 8 months, since September 2023. The offers for sale category accounted for 64 percent of the total fundraising, approximately ₹6,200 crore, while the fresh capital issuances contributed ₹3,404 crore.Moreover, none of the 5 IPOs were listed at a discount to their issue prices.