Election Financial News

₹1 lakh will be credited into her bank account. Results for the ongoing seven-phased Lok Sabha Elections are scheduled to be announced on June 4. ALSO READ: Sitharaman challenges Rahul to tell how Congress’ ‘Khata Khat’ schemes will work The Congress leader and party’s candidate from the Raebareli constituency said: “If they can make 22 billionaires, we can make crores of ‘lakhpatis’." Earlier on Friday, in an appeal to voters to come out in large numbers and exercise their franchise, Rahul Gandhi posted on X: “Today is the fourth phase of voting! It has become clear in the first three phases that the Indian government is going to be formed on June 4.

Congress on Monday accused the Narendra Modi-led central government of being "anti-MSME" and alleged that thousands of small businesses have shut down in the past 10 years. Congress leader Jairam Ramesh claimed that the vital MSME sector accounts for 30 per cent of GDP, 40 per cent of exports and employs 12 crore people.

Kolkata, Days after his removal as the party's West Bengal unit general secretary, TMC leader Kunal Ghosh was back as its star campaigner for the seventh phase of Lok Sabha elections. The TMC on Monday submitted its list of star campaigners to the Election Commission and Ghosh's name was figured on the list.

special court for people's representatives in Bengaluru on Monday granted bail to senior JDS MLA HD Revanna after concluding a hearing on his bail petition.

National Commission for Women (NCW) will send an inquiry team to look into the alleged assault on the Aam Aadmi Party (AAP) and its Rajya Sabha MP Swati Maliwal, who has been the head of the Delhi Commission for Women (DCW).

Congress' Raebareli candidate, Rahul Gandhi, said with a smile, "Jaldi hi karni padegi." The incident happened towards the end of the rally that took place in Raebareli's Bachhrawan area on Monday. He took the opportunity to thank his sister and Congress leader Priyanka Gandhi. "I am touring different parts of the country in the election and my sister is spending time here, a heartfelt thanks to her for this," Rahul Gandhi said.

Stock market crash: In May, FPI selling in the cash market has been relentless. FPIs have been sellers on every trading day and have sold equity for ₹24,975 crores. This has contributed to the underperformance of the Indian market.

External Affairs Minister S Jaishankar on Monday said the Congress holds Prime Minister Narendra Modi accountable for the mistakes made by first prime minister Jawaharlal Nehru when making comments on China while believing the party has no culpability for the past acts.

stock market volatility, Union Home Minister Amit Shah has emphasized that while the stock market shouldn't be directly tied to elections, a stable government lays the groundwork for its positive performance. In an interview with NDTV, he hinted at a potential market upswing post the Lok Sabha elections, suggesting that the BJP and its allies' victory would likely bolster market confidence.

Adityanath said Monday that Prime Minister Narendra Modi will again form the government, asserting that even Lord Ram wants his «ardent devotee» to win. He was addressing rallies in Barabanki and Rae Bareli, from where Congress leader Rahul Gandhi is contesting the Lok Sabha elections.

Also Read: Can Indian stock market crash further before Lok Sabha election result? Users of social network forum Reddit contemplated on the question whether the stock market will slide down if the INDI alliance comes to power. Most of the users anticipate a knee-jerk reaction if BJP loses power, but they expect the market to continue to grow in the long-term, regardless of the party in power. “It doesn't matter which party is in power.

YSR Congress MLA VS Sivakumar slapping a voter after he objected to the legislator jumping the queue at a polling booth in Guntur district this morning has gone viral on social media. In the video, shared by BJP national spokesperson Shehzad Poonawalla, both the YSR Congress MLA and the voter can be seen hitting each other. After this, the MLA's supporters start thrashing the voter.

Rashtriya Janata Dal candidate from Patliputra Lok Sabha constituency, Misa Bharti, filed her nomination for Lok Sabha Elections on Monday.

Delhi chief Devender Yadav on Monday said the party will hold around five to seven town halls in the national capital ahead of the Lok Sabha elections. Congress leader Rahil Gandhi will take part in one of the town halls, he said.

Dalal Street's volatility indicator India VIX, also known as the fear index, on Monday zoomed 16% to fly past the 20-mark for the first time in the last one year. After suddenly crashing 20% to sub 10-levels on April 23, the index has been rising non-stop. In the last 13 sessions, the index has doubled.

Delhi, political parties vie for the support of traders and businesses, enticing them with pre-electoral assurances of addressing long-standing issues. In the 2019 Lok Sabha elections, BJP, Congress, and AAP, the three main political combatants in the capital, promised in their manifestos to provide relief from shops being sealed, to formulate a policy on parking, simplify the Goods & Services Tax regime and establish a trade commission and welfare board for traders.

Waheed Ur Rehman Para, the PDP's Lok Sabha candidate from Srinagar, on Monday said violence in the erstwhile state has reduced significantly over the last five years.

With India VIX jumping 43% in May, it is advised to market participants that they remain cautious in building fresh positions and it would be prudent to adopt a wait and watch policy, and focus on quality stocks with a longer-term perspective, and that also in an SIP mode, Aamar Deo Singh, Senior Vice President-Equity, Commodity & Currency at Angel One said. This analyst spells-out strategy in previous week’s major movers viz. Manappuram Finance, Canara Bank and Yes Bank and three more stocks. Here’s what he recommends: A hard week for markets with Nifty declining 2.6% WoW. Do you see this as an election led correction or there is more and what levels should one watch out this week and in the run-up to June 4 when the outcome unfolds? Aamar Deo Singh: Investors appear to be adopting a cautious approach ahead of the outcome of the general elections, and that is evident in the markets as a broad sell-off is visible across sectors.

Srinagar, one of the three parliamentary seats of Kashmir, is among the 96 seats voting in the phase 4 of Lok Sabha elections across the country. In 2019 elections, the seat had recorded 14.43 per cent voter turnout. This Monday's figures at 11 am, have already crossed the 2019 turnut numbers in Srinagar.

Kejriwal calls for termination of Agniveer Scheme amidst 10 major guarantees The Supreme Court on Friday granted interim bail to Kejriwal till June 1. Justices Sanjiv Khanna and Dipankar Datta said Kejriwal will have to surrender and go back to jail on June 2. The AAP supremo has been given interim bail for campaigning in the ongoing Lok Sabha elections.

Also Read: Stock market crash: Why is Indian stock market down today? — explained with 5 major reasons In its monthly outlook report, the UBS analyst remains upbeat on India’s economic outlook, supported by better-than-expected momentum in domestic economic activities. However, geopolitical uncertainty could pose downside risks. Let us take a look at UBS outlook on Indian stock market, economy, fixed income securities and currency.