Election Financial News

key lending rates unchanged for an eighth straight time but with a bigger split in votes. The Reserve Bank of India also indicated it has «greater elbow room» to ensure price stability in Asia's third-largest economy, which is seeing strong growth but price pains continue to worry everyone from the aam admi (common man) to Mint Street and New Delhi bosses.

RBI) Governor, Shaktikanta Das, reiterated the central bank's firm stance on tackling inflation during a statement on Friday. Emphasising the Monetary Policy Committee's (MPC) objective, he stated that the goal is not only to achieve the 4 per cent inflation target but also to maintain it consistently.

candidates in the fray on Jammu and Kashmir's five Lok Sabha seats polled fewer than None Of The Above (NOTA) votes, according to Election Commission data.Cumulately, 34,788 voters pressed the NOTA button in the five seats, showing their rejection of the candidates fielded by parties.

Real estate developer, Gopalan Enterprises, part of Gopalan Group, aims to increase its office rental income to Rs 500 crore annually and could list its assets as a real estate investment trust (REIT) in the next four-five years, a senior company executive said.

Omar Abdullah lashed the BJP-led National Democratic Alliance (NDA) for not having any representation from the minorities in the list of its Members of Parliament (MP) elected to the Lok Sabha in the recently-concluded general elections. Abdullah's statement comes right at a time when the newly-elected MPs were meeting on June 7 to elect Narendra Modi as their leader, paving the way for him to take oath as prime minister for a third term.Follow Live Updates on Lok Sabha Election Results 2024 HereThe swearing-in is likely to be held on Sunday.“It’s not just the BJP, the NDA is Muslim mukth, Christian mukth, Buddhist mukth, Sikh mukth and yet the government will claim to represent 140 crore Indians," Abdullah said in a tweet.The NDA finally won 293 seats (MPs), which is a comfortable number above the 272-seat majority mark in the 543-member Lok Sabha.

When Narendra Modi calls WHO chief 'Tulsi Bhai' in thank you replyUpon reaching the Parliament, Nagaland Chief Minister Neiphiu Rio said, “I had already congratulated him (PM Modi) for his third term and the success of the NDA as the third term government."Goa Chief Minister Pramod Sawant, who was among those who arrived to attend the NDA Parliamentary Party meeting, said, “We were able to win only one seat in Goa. I am sad that we could not win the other seat as well."Following Modi's election as the leader of NDA MPs, prominent alliance members such as TDP's N Chandrababu Naidu, JD(U)'s Nitish Kumar, and Shiv Sena's Eknath Shinde are expected to accompany the Prime Minister for a meeting with President Droupadi Murmu.

Prajwal Revanna's mother, Bhavani Revanna, in a case filed against her on Thursday, reported Bar and Bench. However, the court has asked Bhavani to ensure cooperation with the probe and not enter Hassan district or KR Nagar in Mysore.On June 1, the Special Investigation Team (SIT) had issued a notice to Bhavani asking her to be present at her home as there was a need to question her in the kidnap case linked to allegations of sexual abuse against her son.

₹31,388 crore, according to data from the National Securities Depository Ltd. The month of May saw massive outflows worth ₹25,886 crore ahead of the Lok Sabha election results.

Pune Police have booked the father and grandfather of a teenager involved in the Pune May 19 car accident case, in a separate case of abetment of suicide of a local businessman's son, officials said on Friday.

Mutual fund investors, who were looking to buy the dip as the stock market crashed on Tuesday amid election results, were disappointed as a "technical glitch" delayed execution and they were allotted NAVs the next day.

Mumbai: The monsoon marked its arrival in Maharashtra on June 6, by entering the southern Konkan region, said DDG of the Regional Meteorological Centre of Mumbai

Reserve Bank of India (RBI) Friday maintained policy interest rates and its monetary stance for the eighth straight review meeting amid concerns of a likely spike in food prices, but the cracks in the Monetary Policy Committee widened in favour of easier money. It surprisingly raised the FY25 growth forecast, sending equity indices higher.

HDFC Bank has informed its customers via SMS that select services will be unavailable during an upgrade window on June 9 and 16.

Bengaluru becoming the fifth Indian city to be connected to the UK's second-largest airport, Air India has announced that it will start non-stop services between Bengaluru's Kempegowda International Airport and London Gatwick (LGW), starting August 18 this year.

Governor Shaktikanta Das declared the central bank's latest monetary policy decision. He emphasized that the RBI does not follow overseas policies blindly but adapts to local economic conditions, likening it to playing cricket according to the local weather and pitch conditions.

Reserve Bank of India (RBI) follows the US Federal Reserve System, the governor has emphasized on the central bank's independence from global influences.

Janata Dal-Secular leader and former Karnataka Chief Minister HD Kumaraswamy affirmed on Friday his party's support to Prime Minister Narendra Modi and the National Democratic Alliance (NDA) to form a "stable government."

Nvidia threatens to dethrone Microsoft as the world's most valuable company, at least a few investors are betting its soaring shares will return to earth.

defeated Bharatiya Janata Party (BJP) Member of Parliament (MP) Lallu Singh in Faizabad in the Lok Sabha elections 2024 results announced on June 4. Singh won the seat in the 2014 and 2019 elections. Temple city Ayodhya – where the Ram Temple is situated – falls under Faizabad seat, one of the 80 Lok Sabha seats of Uttar Pradesh.The BJP not only lost from Faizabad but faced defeats in five of the nine seats in the Ayodhya region of Uttar Pradesh.

RBI Monetary Policy LIVE UpdatesThe recent Lok Sabha elections have further bolstered economic sentiment, enhancing investor confidence through political stability and consistent economic policies.RBI Governor Shaktikanta Das recently announced this fiscal year's second bi-monthly monetary policy, stating that the Monetary Policy Committee (MPC) has opted to maintain the repo rate at 6.5 percent.He noted that the MPC will closely monitor elevated food inflation, especially considering the anticipated normal monsoon.Additionally, the RBI revised its growth forecast for the current fiscal year to 7.2 per cent, up from the previous estimate of 7 per cent.The government has directed the RBI to aim for CPI inflation of 4 percent with a deviation allowance of 2 percent on either side.The cycle of rate increases, which saw six consecutive hikes totalling 250 basis points since May 2022, was halted in April last year.Milestone Alert! Livemint tops charts as the fastest growing news website in the world