Election Financial News

Voltamp Transformers, a leading transformer manufacturing company in India, has emerged as one of the biggest wealth creators. The company’s shares have consistently maintained an upward trajectory, rising from ₹2,518 apiece in February 2023 to the current market price of ₹11,970, delivering a staggering return of nearly 375%.Notably, out of the last 16 months (including May), the stock finished 14 in the green, with January 2024 registering the highest monthly gain of 23.4%, closely followed by December 2023 with a rally of 18.7%.

It may soon intensify into a "severe cyclonic storm," the first of this year's pre-monsoon season. From his landfall timings to weather warnings to potential impact and advisory. Here are all your questions about Cyclone Remal answered:The latest cyclone, in its full formation, will be called Remal.

Writing in his personal blog today (24 May), the MP, who has held the role since 1987, said he has decided «not to put my name forward in the forthcoming election». «I have other things I wish to do,» Redwood added, noting that his last day as an MP will be 30 May. Rishi Sunak confirms 4 July General Election In his 37 year parliamentary career, Redwood held several government posts, including secretary of state for Wales, minister within the Department of Environment, minister for trade and industry, and parliamentary under-secretary for trade and industry. He is also chief glo...

Puri Lok Sabha constituency, nestled within the vibrant state of Odisha, holds significance as one of the 21 parliamentary constituencies. Encompassing parts of Khurda, Nayagarh, and Puri districts, it represents a diverse demographic.

Uttar Pradesh's Prayagraj Lok Sabha constituency is expected to witness an interesting electoral battle with some sections of voters here raising local issues such as cleanliness and healthcare facilities, while many seeing the poll as a fight to save the Constitution and the unique «Ilaahabadi» culture. From the confluence of Ganga, Yamuna and the invisible Saraswati, to the Allahabad University and the high court, Prayagraj has been a revered seat of education, spirituality and syncretic culture in Indian history. One of the largest and most populous districts of Uttar Pradesh, it also takes pride in giving India seven prime ministers. «The city has produced so many politicians, civil servants. It has three Bharat Ratna awardees within a radius of one km and has given seven prime ministers to the country. This city is a heritage. The Kumbh mela has been celebrated from ancient times, then it became a Mughal garrison town, then the British Empire came in,» Zafar Bakht, a cultural activist, told PTI. «Allahabad has always shown resistance. The people here have a 'hekdi' (arrogance) and don't cow down to anyone. It's intellectually a very vibrant city and if some mistake has been committed in the past, this city will rectify it, be assured of that,» said Bakht, who identified unemployment and youth distress as major issues here this election.

Also Read: Three richest candidates in Phase 6Kurukshetra seat: BJP's Naveen Jindal, AAP's Sushil Gupta and INLD's Abhay Singh Chautala are in the frayRohtak seat: BJP's Arvind Sharma is contesting against Congress' Deepender Singh Hooda.New Delhi seat: Late Sushma Swaraj's daughter Bansuri Swaraj is contesting against Aam Aadmi Party's Somnath Bharti.North East Delhi: BJP's Manoj Tiwari is pitted against Kanhaiya Kumar of CongressSultanpur seat: Menaka Gandhi is contesting against Samajwadi Party's Ram Bhual Nishad and the Bahujan Samaj Party's (BSP) Uday Raj Verma.Karnal seat: Ex-CM Manohar Lal Khattar is contesting against Congress candidate Divyanshu Budhiraja.Puri seat: BJP's Sambit Patra is contesting against Congress' Jainarayan Patnaik and BJD's Arup Patnaik.Milestone Alert! Livemint tops charts as the fastest growing news website in the world

Modi on Friday called the Congress government in Himachal Pradesh a «talabaaz sarkar» for shutting down the staff selection commission and said the party also intends to put a «tala», or lock, on Ayodhya's Ram temple. Addressing a 'Vijay Sankalp' rally in Nahan in Sirmaur district, the prime minister claimed a conspiracy is being hatched to snatch the reservation for Scheduled Castes (SCs), Scheduled Tribes (STs) and Other Backward Classes (OBCs) and give it to Muslims. As Modi took to the stage, he chanted 'Bharat Mata ki Jai' and evoked local deities. Coming to Sirmaur felt like a homecoming, he said. «Neither Nahan nor Sirmaur is new for me but I have to say that today's atmosphere is new as I have never witnessed such a historic rally in Nahan,» he said.

Tamil Nadu state board schools will reopen on June 6 after summer vacation. The school education department has directed all CEOs to make arrangements for reopening of the schools. Tamil Nadu announced summer holidays for children studying in classes I to IX early this year due to Lok Sabha elections on April 19. The Directorates of School Education and Elementary Education announced the summer holidays on April 13.

Delhi's Tis Hazari Court on Friday granted four days judicial custody of Arvind Kejriwal's aide Bibhav Kumar, accused of assaulting the Rajya Sabha MP Swati Maliwal. He was produced in the court after his police custody ended today after being arrested on May 18. Meanwhile, Kumar, the former member of Delhi CM's personal staff, also moved an application to protect the DVR seized during the investigation and place it on record. However, Public prosecutor Atul Srivastava opposed the application and submitted that this is not the stage and this application may be dismissed.

Earlier this month, the Election Commission of India ordered repolling at a polling station in Gujarat’s Dahod Lok Sabha constituency. The reason? A man had gone viral live-streaming while voting at the booth on 7 May, after which the poll body deemed the votes that had already been cast as worthless, and decided to repeat the process. The digital era may throw up new reasons for repolls, but the phenomenon isn’t new.

over 12 percent in this period.In the Nifty Private Bank index, barring 3 stocks - ICICI Bank (13.5 percent), Axis Bank (6.6 percent), and Federal Bank (4.5 percent), all other constituents have given negative returns in 2024 YTD. Bandhan Bank shed the most, down over 22 percent, followed by IDFC First Bank, down over 12 percent, HDFC Bank, down 11 percent and Kotak Bank, down 10.8 percent.

Sunil Damania, Chief Investment Officer, MojoPMS, anticipates potential market volatility after the Lok Sabha election 2024, especially if the BJP fails to exceed 350 seats. After the election, the market will shift focus to appointing the next finance minister and the forthcoming Budget, which could further contribute to market volatility, says Damania in an interview with Mint. The base case scenario anticipates the formation of a government by the BJP.

Also Read:Lok Sabha Elections 2024: 60% updated voter turnout in phase 5 polling, slightly less than 2019The court stated that it cannot issue any such directions at the moment as five phases of polling have concluded and two remain and it would be difficult for the poll panel to mobilise manpower.The apex court also adjourned the interlocutory application (IA) filed by the Association for Democratic Reforms (ADR) to be listed before the regular bench after the elections, reported PTI.The court pointed out that prima facie it appears the prayers in the application are similar to the main petition pending since 2019 on the issue."This (IA) has to be taken with the pending writ petition because in between the elections, a hands-off approach has to be adopted," the court said."Granting any relief in IA will amount to granting relief in the main petition which is pending," PTI reported quoting the bench.Also Read: 'Could be exploited…': ECI opposes release of booth-wise voter turnout data, files affidavit in Supreme CourtIt said it needs to understand the ground reality and not overburden the poll panel by changing the process midway.The ADR has filed an interim application in its 2019 PIL seeking directions to the poll panel that "scanned legible copies of Form 17C Part-I (Account of Votes Recorded)" of all polling stations be uploaded immediately after the polls.On May 17, the top court had sought within a week the Election Commission's response on the NGO's plea seeking a direction to upload polling station-wise voter turnout data on its website within 48 hours of the conclusion of polling for each phase of the Lok Sabha elections.Also Read: 'Correct star campaigners' discourses': EC raps Congress and BJP, asks them to

Also Read- Greed & Fear: Correction on cards? Foreign investors may no longer be overweight on Indian equities, says Chris WoodIn the less probable event that the election results significantly deviate from market expectations, the stock market could witness a substantial 20% decline, said Sunil Damania, Chief Investment Officer, MojoPMS In such a scenario, the market might require up to six months to stabilize and return to pre-election levels, he added.Deepak Jasani, Head of retail Research at HDFC Securities also agreed that that if election results deviate from expectations and the ruling BJP led National Democratic alliance fails to form government, the markets can see a sharp downside, . The reforms may get a setback and the populist announcements by the parties may take centerstage hurting market sentiments, sadi Jasani.

Venue : Voorburg Cricket Club, The Hague Netherlands squad - Max O'Dowd, Michael Levitt, Teja Nidamanuru, Vikramjit Singh, Bas de Leede, Logan van Beek, Sybrand Engelbrecht, Tim Pringle, Scott Edwards, Wesley Barresi, Aryan Dutt, Daniel Doram, Fred Klaassen, Kyle Klein, Paul van Meekeren, Vivian Kingma Ireland squad - Andy Balbirnie, Harry Tector, Paul Stirling, Ross Adair, Curtis Campher, Gareth Delany, George Dockrell, Lorcan Tucker, Neil Rock, Barry McCarthy, Ben White, Craig Young, Fionn Hand, Graham Hume, Mark Adair Netherlands vs Ireland Live Score: Ireland (Playing XI) - Paul Stirling (C), Andy Balbirnie, Lorcan Tucker (WK), Harry Tector, Curtis Campher, George Dockrell, Gareth Delany, Mark Adair, Barry McCarthy, Craig Young, Ben White. Netherlands vs Ireland Live Score: Netherlands (Playing XI) - Michael Levitt, Max O'Dowd, Vikramjit Singh, Sybrand Engelbrecht, Bas de Leede, Scott Edwards (C/WK), Wesley Barresi, Tim Pringle, Logan van Beek, Paul van Meekeren, Vivian Kingma.

1. Bansuri Swaraj (BJP): Bansuri Swaraj is the daughter of the late Union Minister Sushma Swaraj. She is a New Delhi Lok Sabha candidate and is contesting against AAP's Somnath Bharti.

«We believe that given that the budget is going to be in July, there is still a lot of steam left. Even after the election results are out, I think the run-up to the budget should be good,» says Dinshaw Irani, CEO, Helios MF. There are two factors at play, one the short-term, which is from here to the election, which is 4th of June and then what happens to the market after that. In last three-four days, we have seen a sizable comeback in the markets, defence, railways, logistics, infrastructure, anything which has got to do with policy, that sector has seen a sizable rally. Do you think markets and some of these policy stocks are now priced to perfection and they are pricing in a near-perfect election scenario? The fact is that we never took that into cognisance in the first place. What we were clear about was that we just need the government to continue. It did not matter whether they came in with a 300-plus or a 400-plus kind of majority, all we needed was them to continue and the continuity is what we were looking forward to and I think more or less that is a given.

fiscal deficit quicker, both of which will be cheered by investors. On Wednesday, the Reserve Bank of India (RBI) announced a record 2.11 trillion rupees dividend transfer to the government, more than double New Delhi's and street estimates, leading to a decline in bond yields and a rise in equity markets. The surplus fund can help the new government, which will take charge after the current elections, bring down its fiscal deficit by 0.3% of gross domestic product (GDP) or increase spending on infrastructure or «populist» stimulus, Citi Research's Samiran Chakraborty said.

Also Read: Stage collapse in Mexico election rally kills 9; viral video shows presidential candidate's narrow escape | WatchThe texts on the video indicate that the argument between the two began after the vehicle broke down in the middle of their journey. The woman lost her cool after the male driver asked her to pay for the distance covered by the taxi before the breakdown. While, it is unclear to understand the exact reason behind the argument, it is clearly visible how the woman continued to humiliate the driver as he asked for his fare.Also Read: Mumbai restaurant issues clarification after employee seen cleaning drain with food frying net | VideoThe video has been shared widely on social media.

Angel Onethe Nifty 50 clocked a new high to reach a milestone of 23000, but immediate follow-up is missing, bias remains positive, and traders should have a buy-on-dip approach. Key indices may consolidate, whereas broader markets may continue to outperform. 23,100 - 23,200 stiff resistance of the rising channel means one should look to book longs ahead of the key election result verdict.The benchmark index has registered a new high at 22,993, indicating bullish sentiments.

PTI that the Election Commission of India (ECI) has cautioned district administrations to implement all necessary precautions at polling stations due to the impending storm. Furthermore, the state Chief Electoral Officer, Ariz Aftab also conducted a meeting with superintendents of police and state disaster management officials to assess the situation and instructed them to take essential measures to avert any unfavorable circumstances, the agency reported.