Election Financial News

Karnataka Deputy Chief Minister DK Shivakumar questioned why the Prime Minister has not suspended the Lok Sabha MP who claimed that the Bharatiya Janata Party will change the Constitution if it wins more than 400 seats in the Lok Sabha elections. «We have a Constitution. Honourable MP Anantkumar Hegde said that they (BJP) will change the Constitution if they win 400 seats. I do not understand. PM Modi has said that, at any cost, he will not change the Constitution. I welcome it. But why has he (PM Modi) not expelled that Parliament member or whoever the party functionary is who announced that they are going to change the Constitution?» Shivakumar said speaking at a press conference on Thursday in Bengaluru. Responding to Prime Minister Narendra Modi's claim of Congress snatching away 'mangalsutra', Shivakumar said that gold prices increased from Rs 26000 to Rs 75000 during the BJP government.

Bibhav Kumar. A reporter posed a question about the episode during Kejriwal’s joint press conference with Samajwadi Party chief Akhilesh Yadav in Lucknow. Bibhav Kumar was reportedly spotted with Arvind Kejriwal at Lucknow airport on Wednesday night.

It’s a measure of the strategic importance of the Indian Ocean Region (IOR) archipelago of the Maldives that India recently chose to host its new foreign minister, Moosa Zameer, despite the hurly-burly of Lok Sabha elections. With the Maldives’ President Mohamed Muizzu-led government already in China’s tight embrace, and the consequent turbulence in bilateral ties, India can ill-afford to cede further space to Beijing.

purchase only slightly lower at 1,037.4 tonnes. This strong demand is one reason why gold prices have surged recently, rising roughly 20% over the past year.Also Read: Planning to invest in gold as an asset class? This is how the taxation works The vast majority of purchases during 2022 and 2023 have continued to come from emerging market central banks. A World Gold Council survey, amongst Central Banks from both advanced and emerging markets, regarding factors affecting the Central bank’s decision to hold gold, throws light on the possible reasons why Central Banks, especially from emerging markets, are buying so much gold.

hoarding that collapsed in Ghatkopar, killing 16 people, Hindustan Times reported. According to the report, Bhinde reportedly switched off his phone and fled the city as soon as reports about deaths from the billboard collapse emerged. Although his phone was briefly switched on in Lonavala on Tuesday evening, it has since been untraceable.

Aam Aadmi Party's national convenor Arvind Kejriwal continued to maintain his silence on Thursday on the issue around the assault on Rajya Sabha MP Swati Maliwal by his aide. Addressing a press conference with Samajwadi Party's Akhilesh Yadav, Kejriwal seemingly evaded journalists' questions on the Maliwal incident. «There are other important topics as well,» Yadav said, sitting next to Kejriwal. However, AAP's Sanjay Singh said that politics should not be done over the Maliwal incident.

Slovakia’s Prime Minister Robert Fico was shot multiple times and taken to hospital Wednesday, according to a post on his Facebook page and government statements that called the shooting an attempted assassination.

Aveek Mitra, Aveksat Financial Advisory, says they have taken out some money and not invested fresh money and are nibbling into areas where they are investing at present based on the sectors that have gone down over the last two-three years. They have also built up most likely scenarios and most unlikely scenarios and based on that will see what best they can do with the cash after the 4th June result. A quick view on the construct of the market because the election is a very big event and if it does not pan out the way the market expects it to, then you will get even juicier bargains. But if it does, what happens then? How are you analysing the overall construct right now? Aveek Mitra: Last year, we generated excellent returns till March 2024. So, we are a bit cautious and we have not put in new money for the last one or two months except bits and pieces here and there and raised the cash a little bit. We are just waiting for that day to pass because that is an uncontrollable, unknowable event for an investor. So, it is like hedging a portfolio.

Robert Fico was shot multiple times after a political event Wednesday afternoon, an episode of violence that punctuated his decades-long career in politics. His deputy prime minister Tomas Taraba later told the BBC he believed Fico would survive the attack, saying «he's not in a life threatening situation at this moment.»

Indian Americans in elected offices is not reflective of their growing population, US Vice President Kamala Harris said on Wednesday, urging the members of the minority ethnic community to run for elected offices increasingly. Harris, who is of both Indian and African heritage, was speaking at "Desis Decide" — the annual summit of Indian American Impact, a democratic party think tank, that supports and funds Indian Americans running for elected offices across the country. «Over the years, we've had so much more participation by Indian Americans in the electoral process running for office. But the numbers are still not reflective of the size of the growing population,» Harris, the first-ever Indian American, African American, and a woman to be elected as the vice president of the US told a packed room of Indian Americans in the national capital. Currently, there are five elected Indian American members of the Congress — Dr Ami Bera, Raja Krishnamoorthi, Ro Khanna, Pramila Jayapal, and Shri Thanedar. Impact believed that in 2024, the Indian American strength in the Congress will increase to 10 members.

Kolkata street last month, commuters sought refuge inside a glass-walled bus shelter where two air conditioners churned around stifling air. Those inside were visibly sweating, dabbing at their foreheads in sauna-like temperatures that were scarcely cooler than out in the open. Local authorities initially had plans to install as many as 300 of the cooled cabins under efforts to improve protections from a heat season that typically runs from April until the monsoon hits the subcontinent in June. There are currently only a handful in operation, and some have been stripped of their AC units, leaving any users sweltering. “It doesn’t work,” Firhad Hakim, mayor of the city of 15 million in India’s eastern state of West Bengal, said on a searing afternoon when temperatures topped 40C. “You feel suffocated.”

cellular phones. With each technology shift, there's a chance to increase penetration. This is also true with AI, he said.

Joe Biden and Republican rival and former US President Donald Trump have agreed to two debates on June 27 and September 10, as per a Reuters report. These debates are poised to be significant moments in the November 2024 race for the White House. Biden affirmed his readiness on social media, saying, “As you said: anywhere, any time, any place." Trump responded by calling Biden “the worst debater" he has faced and confirmed his willingness to debate, posting, “I am Ready and Willing to Debate Crooked Joe at the two proposed times in June and September." Debates are high-risk for both candidates, who face a tight race and low voter enthusiasm.

PM Modi's Nashik visit. “On August 19, 2023, the Union government had imposed a 40% duty on the export of onions. On October 28, 2023 a new decision was made instead requiring the exporter to pay the government $800 per tonne of onion instead.

A bipartisan group of four senators led by Majority Leader Chuck Schumer is recommending that Congress spend at least $32 billion over the next three years to develop artificial intelligence and put safeguards around it

Slovakia’s government approved a plan to build another nuclear reactor in a country that relies heavily on nuclear electricity generation

Natural gas producer CNX Resources says it plans to build a $1.5 billion facility at Pittsburgh’s airport to make hydrogen-based fuels

Lok Sabha constituency in north Kashmir, which is going to polls in the fifth phase of elections on May 20, will decide the fate of 23 candidates. However, the main contest is between Sajad Lone of People's Conference and Omar Abdullah of National Conference. The contest has become interesting with the entry of Awami Ittehad Party (AIP) of Sheikh Abdul Rashid, alias Engineer Rashid. The two-time legislator is contesting from Tihar jail. AIP's campaign rallies are receiving huge response across north Kashmir. It appears that People's Democratic Party candidate Fayaz Mir, who is a former Rajya Sabha member, may have already lost the third spot in the contest. BJP has not fielded any candidate in the three Lok Sabha seats of Kashmir, but is actively canvassing for some parties without directly naming them. J&K Apni Party, led by Altaf Bukhari, has also not fielded any candidate here and is supporting Lone, while Abdullah is the official candidate of the INDIA bloc.

Narendra Modi on Wednesday alleged that Congress was planning to allocate 15% of the country's budget to Muslims, adding while he was accused of doing Hindu-Muslim politics, it was the Opposition party that was guilty of doing it. «Congress is doing the Hindu-Muslim politics… Their ecosystem is claiming that Modi is doing Hindu-Muslim talk but Modi is exposing those (Congress) who are doing Hindu-Muslim to break the country,» he said in an election rally in Kalyan. Earlier, he also addressed a rally in Nashik. «Congress wants to do a budget for Hindus and a budget for Muslims,» he alleged. «Congress was doing this sin that I opposed and if Congress and the Indi Alliance come to power, they will do the same. Do we want to keep the country together or not, is it good to divide Indians like this?» he said.

Indian citizenship on Wednesday under the newly notified Citizenship Amendment Act (CAA), 2019. While the first set of 14 people received it in the national capital, the rest were granted nationality digitally in other parts of the country. Some of the applications were cleared even before the notification of the rules in March this year, officials said. Home secretary Ajay Kumar Bhalla handed over the certificates to the 14 people in the national capital after their applications were processed online through a designated portal, an official spokesperson said. Sources said the Election Commission of India (ECI) was intimated regarding the grant of citizenship certificates since the model code of conduct was in force.

Congress questioned Prime Minister Narendra Modi's statement that he has «never done Hindu-Muslim» politics in elections and that the day he would do so he would be unworthy of public life. Spokesman Jairam Ramesh said Modi had «brazenly used communal language» during his campaign speeches and that Congress had complained to the Election Commission about it. «Even by his own pathetic standards, Mr Modi's latest claim that he does not do Hindu-Muslim politics shows the new depths he reaches daily in lying. Since April 19, 2024, it is a matter of public record that cannot be erased from our collective memory — even if Mr Modi erases it from his own — that the outgoing PM has blatantly and brazenly used communal language, symbols and allusions. We have brought this to the attention of the Election Commission of India as well. Action should have been taken, but sadly it has not,» he said.