Election Financial News

Congress leader Shashi Tharoor on Tuesday here said the INDIA bloc, if it comes to power, will repeal the amendments made to the anti-terror law UAPA and references to religion in the law meant to grant citizenship to the refugees. There is no need for such a law which does not give a person even a chance to prove his innocence, he said, referring to the Unlawful Activities (Prevention) Act. Many people have been in jail for a long time because of the laws that have been «weaponised,» he said. Tharoor said that the Congress seems way ahead of the BJP in the elections and that it is gaining seats where it got fewer ones in the 2019 Lok Sabha polls.

Nearly half of Americans who plan to go to the polls in November anticipate including cryptocurrencies in their future investment portfolios, according to new survey findings from Grayscale Investments.

Also Read- FPIs continue to dump financials, IT, FMCG shares in May. What lies ahead?The asset allocation strategy should be based on factors like goals, horizon of investment, risk appetite and liquidity requirement.While investing we need to build a strategy with the right asset mix based on our risk appetite to meet our goal.

Indian stock market: On Tuesday, May 28, the Indian stock market remained under pressure, with the benchmarks—the Sensex and the Nifty 50—closing in the red for the third straight session.The Indian stock market has experienced significant volatility this month due to substantial foreign capital outflows driven by election-related caution. The market has fluctuated between gains and losses, influenced by a lack of new catalysts, high valuations, and mixed global signals.Also read: Stock market today: Sensex, Nifty 50 fall for 3rd consecutive session; investors lose nearly ₹3 lakh crore in a day“We maintain our positive bias and expect Nifty to head toward our earmarked target of 23400 in the coming weeks.

'BJP asks us to join…': Arvind Kejriwal says AAP won't bow down amid MLA poaching rowThe confession stated: “A Special Investigation Team (SIT) was formed, and, KCR wanted the arrest of senior BJP leader Santhosh to make the case strong so that BJP would come for compromise and it could be used to get rid of the ED case on his daughter, MLC K Kavitha. However, due to the inefficiency of some Cyberabad police officials, one important person escaped police apprehension, and later, the case went to the High Court where orders not to arrest were issued and then the SIT case was transferred to CBI."Also Read | BRS workers 'kidnap' own party leader amid defection buzz, former MLA 'rescued' by BJP | WATCH'Peddayana' – an indirect reference to Chandrasekhar Rao – was “very angry" when the work was not done as per his expectations, according to the former police official.Radha Kishan Rao has also confessed to tapping the phones of some officers during the BRS government in the state, an Indian Express report mentioned.

It’s almost the summer season, when we get to enjoy BBQs, camping, swimming outdoors and working on our tans for a very short period of time. But wait. Isn’t there an important June date coming up that affects the taxation pocketbook of millions of Canadians?

One in three voters in the United States considers a candidate’s position on cryptocurrencies before making their voting decision.

Karnataka Home Minister G Parameshwara on Tuesday said Chief Minister Siddaramaiah and State Congress chief D K Shivakumar should consult senior party leaders like him regarding selection of candidates for the MLC polls. The statement comes against the backdrop of Siddaramaiah and Shivakumar's trip to New Delhi today to discuss with the party high command candidates for biennial election to 11 seats of Karnataka Legislative Council on June 13. «The Chief Minister and KPCC President are in responsible positions. It is appropriate if they consult seniors like us. Without consulting if they both decide on their own, it is not right according to me. Those with seniority and experience, both in the party and the government and having contacts, should be consulted. They have to discuss with us,» Parameshwara said.

Karnataka Congress President D K Shivakumar on Tuesday said that the party leadership is in a «difficult position» as there are more than 300 ticket aspirants for the upcoming legislative council elections in the state. Shivakumar, who is also the state's deputy chief minister, said the party high command will decide on the tickets. Biennial elections to 11 seats of the Karnataka Legislative Council to be elected by Members of the Legislative Assembly will be held on June 13. As per the existing strength of parties in the assembly, the Congress can win 7 seats, the BJP three and JD(S) one seat. Chief Minister Siddaramaiah and Shivakumar today left for New Delhi to discuss candidates with the Congress high command. The schedule for filing nominations for the MLC election has already begun, and it will go on till June 3.

Congress president Mallikarjun Kharge dismissed the BJP's '400 paar' claim as «bakwas», or nonsense and said the party will not cross 200 seats in the Lok Sabha polls. Addressing the media in Amritsar, Kharge said the BJP's seats were declining as compared to the last elections while the Congress and the INDIA bloc were making gains. The BJP-led National Democratic Alliance has been claiming that it will get over 400 seats in the Lok Sabha elections. Replying to a question on it, Kharge asked the basis of such claims by the BJP.

Rail India Technical and Economic Service (RITES), shares of which have grown 185% in the last 2 years, today declared a dividend of Rs 5 per share along with its Q4 results. “This is to inform that the Board of Directors of the Company at its meeting held today i.e. 28th May, 2024 has inter alia, considered and recommended a Dividend of Rs. 5.00/- per share (i.e. 50%) on 24,03,01,887 equity shares of face value of Rs. 10 /- each of the Company for the financial year 2023-24, subject to the approval of the same by the Shareholders in the ensuing 50th Annual General Meeting of the Company,” said RITES in a filing to the exchanges.

₹17 crore, which the company aims to clear by the end-of-season sale in the September quarter (Q2FY25). Metro is optimistic about realizing higher-than-carrying value from this inventory. As such, Metro has been trimming the fat, shutting down many Fila stores with just three exclusive brand outlets (EBOs) operational as on March-end.

lumpsum amount before 4th June to benefit from the trend. However, stock market investments should not be made with one date in mind (4th June 2024 in this case). Hence, you should refrain from investing a lumpsum amount before 4th June to benefit from a one-day trend.

Ayatollah Ali Khamenei, the lead-up to the early vote on June 28 has prompted a diverse array of hopefuls from various political factions to enter the fray.The registration for presidential candidates will start on Thursday.Iranian lawmakers on Tuesday reaffirmed their choice of former Revolutionary Guards commander Mohammad Baqer Qalibaf as the speaker of parliament. Qalibaf had been touted as a potential candidate in the presidential race by insiders and Iranian state media, AP reported.Also Read: Who was Ebrahim Raisi? Protégé of Iran's supreme leader Ali KhameneiUltraconservative Raisi, who had over a year remaining in his first term, passed away on May 19 in a helicopter crash, along with his foreign minister Hossein Amir-Abdollahian and six others.

Naveen Patnaik's close aide and senior BJD leader VK Pandian on Tuesday claimed the opposition BJP has «committed nine self goals» during the ongoing Lok Sabha and Odisha Assembly polls thus boosting the regional party's electoral prospect. Pandian claimed that the BJP's self-goals will help the BJD and none can stop the regional party from forming the government for the sixth consecutive time. Lok Sabha and Assembly elections are being held simultaneously in Odisha. He also claimed that the BJD has so far by the end of the third phase of Assembly polls, already secured majority to form government in the state and the next and final phase of voting will be held in BJD's stronghold areas.

India may cut its borrowings this year as the ongoing national elections narrow the government’s spending window by about three months, according to Mirae Asset Investment Managers India Pvt. “We have nine months of spending this fiscal year because of elections,” and “there could be a slight cut,” Kruti Chheta, a fixed-income fund manager at Mirae, said on Bloomberg Television. “These borrowings could be added to the next fiscal year.” India’s seven-phase election that started in April is nearing an end, with results due on June 4. The government is barred from making any new spending plans once the elections are announced, according to regulations. India plans to borrow Rs 14.1 lakh crore ($170 billion) in the current fiscal year.

tribal population was decreasing in the Santhal Parganas because of infiltration, Prime Minister Narendra Modi on Tuesday accused the JMM-led ruling alliance in Jharkhand of «patronising» infiltrators, who he said were grabbing land and putting women at risk. Addressing an election rally in Dumka, he alleged that the JMM and Congress were indulging in «rampant loot» and vowed that action against corruption would be intensified in the country after June 4. «A big crisis looms over Jharkhand and that is infiltration. The Santhal Parganas is facing the challenge of infiltration. In many areas, the population of tribals is declining fast and the number of infiltrators is on the rise. The infiltrators are grabbing tribal lands. Tribal daughters are the target of infiltrators. Their security and safety are at risk. Their lives are also at risk,» he said. Apparently referring to two incidents that happened in 2022, Modi said, «Tribal daughters are being chopped into 50 pieces… Being burnt alive… Someone's tongue was pulled out. Who are these people who are targeting tribal daughters? Why is the JMM government patronising them?»

The United Auto Workers on Friday accused Mercedes of interfering in last week's union election at two Alabama factories

South Africa’s four main political parties have begun a final weekend of campaigning before a possibly pivotal election that could bring the country’s most important change in 30 years

Just 81,000 people live in rural Chatham County in North Carolina, where there are more than 1,000 farms

Mint gives a lowdown on this important indicator. Like futures contracts, options derive their value from cash shares and spot indices like the Nifty and Bank Nifty. The equity market has two segments: the capital market segment, where shares are bought and sold, and the derivatives segment, where stock and index futures and options contracts are traded or hedged.