Election Financial News

Amit Shah sought to dispel recent concerns over BJP's performance in the general elections. While emphasising that the ruling party and its allies will get over 400 seats, he told NDTV the market would «shoot up» after June 4 — the election results day — and suggested buying stocks before that. Benchmark Nifty rose 0.22%, or 48.85 points, to close at 22,104 while the Sensex gained 0.15%, or 111.66 points, to close at 72,776. Both indices had fallen over 1% each earlier in the day but bounced back mid-way through the session following the senior minister's remarks.

Sharad Pawar faction of the NCP on Monday shot off a complaint to the Election Commission of India raising concerns after the CCTVs monitoring the Electronic Voting Machines (EVMs) used in the Baramati Lok Sabha polls and kept in a strong room, went off. On Monday, Supriya Sule posted a short video on X which showed CCTV cameras monitoring the strong room where the EVMs were kept, not displaying any images. Sule claimed that «the CCTVs going off for 45 minutes is suspicious; when we contacted the election department officials and the administration, we didn't get a satisfactory reply. There is no technician present, and our party functionary is not allowed to survey the EVMs. This is a very serious issue and the Election Commission should take immediate cognizance and disclose why the CCTVs went off». She also asked the EC to take action against those involved in switching off the CCTVs.

Trinamool Congress will ensure that the INDIA bloc comes to power, West Bengal CM Mamata Banerjee on Monday said that «INDIA bloc will win at least 315 seats while the BJP will win a maximum of 195 seats.». «There will be no Modi in Delhi. Didi is with the people here. Didi will ensure that the INDIA bloc comes to power at the Centre. Based on the numbers I received till yesterday, they will get around 190-195 seats. INDIA bloc will get 315 seats,» Banerjee said while speaking at a rally in Bangaon Lok Sabha constituency in North 24 Parganas district. «Modi Is not coming to power this time… The polling so far has been good. That is why the leaders of the ruling party at the Centre are scared. They have realised that Modi will not be back as the Pm. They should not brag about 400 seats anymore,» Banerjee said.

assault on AAP MP Swati Maliwal at Delhi CM's residence here, the BJP on Monday said that women safety was not assured in the AAP and Arvind Kejriwal's residence has become a «boxing ring». Reacting sharply to reports of alleged assault on Maliwal, Union minister Anurag Thakur took a dig at the AAP saying, «Once known as Arvind Advertisements Party, it has now become the Arvind Assault Party, demonstrating the degradation of its founder Arvind Kejriwal and his associates.» Women's safety is not assured in the AAP, he said.

Srinagar Lok Sabha constituency witnessed a record turnout of 38%, highest in the last 25 years, on Monday. The pre-delimitation turnout was 15% in 2019. Electors ET spoke with said their vote represented “anger on the ground and a democratic response against the decisions of August 5, 2019”. This was the first election in the last three decades when no separatist organisation had called for boycott, which also played a role in improving the numbers. Political parties, however, complained that their election agents were not allowed by the administration to function smoothly at several booths. Voting went peacefully in all the areas and police and paramilitary for ces reported no major violent incident.

voter turnout of more than 66% was recorded on Monday in the fourth phase of the Lok Sabha elections covering 96 constituencies. With the conclusion of this round, polling for general elections has crossed the halfway mark as it is completed in 23 states/UTs and 379 Lok Sabha constituencies out of 543. Also, assembly elections have been completed in Arunachal Pradesh, Sikkim and Andhra Pradesh, apart from 28 assembly seats of Odisha.

polling across eight constituencies of south-central West Bengal saw sporadic incidents of violence on Monday, although the state led other regions of the country in voter participation. Several people, including three CISF personnel in charge of the security of Dilip Ghosh, BJP's Bardhaman-Durgapur candidate, and a Trinamool worker, were injured in Monteswar and Kalna Gate areas, respectively, of Purba Bardhaman district. Two vehicles carrying Ghosh's security personnel were also vandalised. Separately, a Trinamool worker in Purba Bardhaman's Ketugram, which is part of the Bolpur Lok Sabha seat in Birbhum district, was reportedly murdered on Sunday night.

Donald Trump, has praised Hannibal Lecter, the fictional character created by Thomas Harris. On paper — and in the films where the inimitable Anthony Hopkins plays the inimitable cannibalistic serial killer with impeccable taste — singing hosannas to a supervillain at an election rally is, at best, confusingly provocative, at worst, confusing. 'Has anyone ever seen 'The Silence of the Lambs'? The late, great Hannibal Lecter.

25% increase in their bills after the general election as telecom companies prepare for the fourth round of tariff hikes in recent years, a move which would give a boost to their average revenue per user (ARPU). «We expect a meaningful hike of around 25% by the operators in the near term on the back of a stable competitive environment, their need to improve profitability following heavy 5G investment, and continued government support,» said a report by brokerage Axis Capital. The report said while the quantum of hike may appear large, it should be manageable for both urban and rural users, especially as data usage is sticky. For urban households, subscribers' spending on telecom would go up to 3.6% of total expenditure from 3.2%, it said, while for rural subscribers spending would increase to 5.9% from 5.2%.

nomination papers from Varanasi drawing closer, the district collectorate saw a flood of candidates on Monday. More than 100 candidates from different parts of the country landed up in Varanasi just to record their names in history by contesting against Prime Minister Narendra Modi. More than 70 nominations were filed on Monday and some candidates were still waiting in the queue. Tuesday is the last day for filing nomination papers. Still following 2014 schedule Prime Minister Narendra Modi is following almost the same campaign schedule in these Lok Sabha elections that he did a decade ago in 2014, when he addressed four to five rallies everyday. After asomewhat slow start in this round, Modi has picked up pace and is holding three rallies and a roadshow virtually everyday. He took a break on May 9 which came as a surprise to many. Leaders from other parties who are younger in age still have a less hectic schedule.

DELHI: With the conclusion of the fourth phase of polling on Monday, the Lok Sabha elections now move towards the Gangetic plains, having concluded in south and central India barring 13 seats in Maharashtra. Accordingly, political parties are shifting their campaign focus. In Uttar Pradesh, 41 seats will vote in the remaining three phases including hot seats like Varanasi, Gorakhpur, Azamgarh, Ballia, and Ghazipur. BJP did extremely well in the last two elections, winning most these seats. In West Bengal, polling will take place for 24 seats out of total 42 seats in the remaining phases. BJP and Trinamool Congress are locked in a high-stake battle in the state where the former has deployed several union ministers to oversee election campaigning. Chief minister Mamata Banerjee is leading the campaign for Trinamool.

potato prices will likely continue to pinch Indian households until the new crop comes to the market in December. Tomato prices have fallen by 40% in the past two days at Delhi's Azadpur Mandi, the largest fruit and vegetable wholesale market in Asia, due to increased arrivals from Himachal Pradesh, Rajasthan, Uttar Pradesh, Haryana and Punjab, traders said. On the contrary, potato traders said prices will firm up further by another 5-10% as untimely rains have affected the tuber crop and because of cold storage owners releasing potatoes in a way so that the stock can meet domestic consumption till the arrival of the new crop. Trade sources from Uttar Pradesh, the largest producer of potatoes, said the government has already launched a drive to see whether the cold storage facilities in Agra, the centre of the state's potato trade, were hoarding the tuber to jack up prices. «Once the election is over, there will be state-wide monitoring of the movement of potatoes,» one of them said.

Also Read: Sushil Kumar Modi dies: Bihar Deputy CM Vijay Sinha says 'irreparable loss for the entire BJP' “May God grant eternal peace to the departed soul and give strength to the family in this hour of grief," Sinha added. Modi, 72, was listed by the BJP as one of its star campaigners for Lok Sabha elections in Bihar. However, on April 3, Modi said he was diagnosed with cancer six months ago and had told everything to Prime Minister Narendra Modi, adding, he would not be participating in the BJP's Lok Sabha poll campaign.

voter turnout of more than 36 per cent took place in the redrawn Srinagar Lok Sabha seat without any untoward incident on Monday, the highest since 1996 when the constituency in Jammu and Kashmir recorded nearly 41 per cent polling. The Srinagar constituency recorded 36.58 per cent voting till 8 pm, the Election Commission of India said.

Sushil Kumar Modi on Monday passed away. Modi had earlier disclosed that he was battling with cancer for the last six months.

Hyderabad: A voter turnout of 61.54 per cent was registered in the election to 17 Lok Sabha constituencies in Telangana on Monday, which went off peacefully.

Prime Minister Justin Trudeau’s government pulled back on a threat to hit some real estate investment trusts in Canada with a new tax regime after opposition from the industry.

Mumbai: The overall deal activity by value declined by a sharp 60 per cent to USD 5.192 billion in April as compared to the preceding March's USD 12.934 billion, a report said on Monday. This was despite a 24 per cent increase in the number of deals at 176 during the month, the report by a consultancy firm said.

Sensex rose 111.66 points, or 0.15%, to end at 72,776.13, while the Nifty 50 settled 48.85 points, or 0.22%, higher at 22,104.05. The Nifty index opened flattish on May 13 and after the fall in the early session, it saw a decent recovery and recouped all its intraday losses. The Bank Nifty index ended its eight-day losing streak and jumped 333 points to close at 47,754.

voter turnout of approximately 57.55 per cent was recorded till 6 pm on Monday in Uttar Pradesh where polling was held in 13 Lok Sabha constituencies in the fourth round of the seven-phase general elections. Polling was held between 7 am and 6 pm.

Madhya Pradesh, 55.90 per cent in Bihar, 63.37 per cent in Jharkhand, 52.75 per cent in Maharashtra, 57.88 per cent in Uttar Pradesh, etc. 1. After witnessing a drop in the first three phases of the Lok Sabha elections in 2024, the Election Commission of India (ECI) expects to improve the voting turnout in the subsequent phases.