Election Financial News

Amit Shah on Friday accused West Bengal Chief Minister Mamata Banerjee of maintaining silence on the issue of Sandeshkhali, where complaints of sexual abuse have emerged against TMC leaders, and said the BJP «will not spare single culprit and will hang them upside down». While addressing an election rally at Majdia in Ranaghat Lok Sabha seat in Nadia district, Shah alleged that Banerjee was «misleading» people on the Citizenship (Amendment) Act, 2019 (CAA) and slammed the TMC dispensation over alleged corruption cases in the state. On the incidents in Sandeshkhali in North 24 Parganas district, where allegations of sexual abuse against TMC leaders have been made, Shah said it is a matter of shame that «Mamata Banerjee, despite being a woman chief minister, tried to protect the culprits».

Enforcement Directorate on Friday filed a fresh charge sheet in Delhi excise policy case. The probing agency has named BRS leader K Kavitha as an accused in the matter, news agency PTI has reported citing officials. On March 15, Kavitha, the daughter of former Telangana chief minister K Chandrashekar Rao, was apprehended by the federal agency at her residence in Banjara Hills, Hyderabad. As per PTI report, a prosecution complaint has been lodged under sections 45 and 44(1) of the Prevention of Money Laundering Act (PMLA) before a designated court.

Nitin Gadkari on Friday said the opposition parties were confusing people by claiming that the BJP will change the Constitution if it retains power, but it was in fact the Congress that had brought constitutional amendments 80 times during its rule. He also alleged that due to the wrong economic policies of the Congress, people of the country remained poor. The Minister of Road Transport and Highways was addressing an election rally at Majalgaon town in Maharashtra's Beed district to drum up support for Pankaja Munde, Bharatiya Janata Party's Beed Lok Sabha seat candidate. «Our opposition has failed to convince people. Therefore it is confusing them. They (opposition leaders) say we (BJP) will change the Constitution. But there is a Supreme Court judgment that says the Constitution cannot be changed and only amendments can be done. So far, the Congress has carried out amendments to the Constitution 80 times,» he said.

Congress national general secretary Priyanka Gandhi Vadra on Friday alleged the ruling BJP seeks votes in the name of God instead of talking about how it will control inflation or provide employment to people. Addressing a number of 'nukkad sabhas' in support of Congress candidate from Amethi Lok Sabha seat Kishori Lal Sharma, Priyanka Gandhi said while Prime Minister Narendra Modi claims on TV that his government did in 10 years the work that was not done in the last 70 years, the situation on the ground level is different. Sharma is pitted against sitting Amethi MP Smriti Irani. The BJP leader had wrested the seat, which was considered a Gandhi family stronghold, from Rahul Gandhi in the 2019 Lok Sabha polls. Targeting Irani, Priyanka Gandhi said her sole intention was to defeat Rahul Gandhi.

Reserve Bank of India (RBI) is likely to transfer approximately Rs 1 lakh crore to the government IN FY25 according to a report by Union Bank of India. The report said that RBI is anticipated to maintain a robust dividend payout for the fiscal year 2025 (FY25). This projection represents a slight increase from Rs 874 billion transferred in the previous fiscal year. «The government has budgeted the FY25 dividend for RBI and PSU banks & financial institutions at Rs 1020bn, vis-a-vis Rs 1044 bn in FY24. In our view, a positive surprise is likely, similar to last year when initial budget estimate for overall dividend was only Rs 480 bn» said the report.

granting interim bail to Arvind Kejriwal in excise policy case, the Supreme Court on Friday said that Delhi Chief Minister will not contact any witness in the case. In a major relief to Kejriwal – the apex court bench of Justice Sanjiv Khanna and Justice Dipankar Datta – granted Kejriwal 21 days interim bail till June 1 to campaign in the ongoing Lok Sabha elections. The court has asked Kejriwal to surrender on June 2.

Tata Motors Q4 Results: Tata Motors on Friday reported over three-fold jump in consolidated net profit at ₹17,528.59 crore in the fourth quarter ended March 31, 2024, riding with all its three auto businesses delivering a strong performance, specially the British arm Jaguar Land Rover. The company had posted a consolidated net profit of ₹5,496.04 crore in the same quarter of the previous fiscal, Tata Motors said in a regulatory filing. Total consolidated revenue from operations stood at ₹1,19,986.31 crore, as compared to ₹1,05,932.35 crore in the year-ago period.

Venue : Shere Bangla National Stadium, Mirpur, Dhaka Bangladesh squad - Najmul Hossain Shanto, Tanzid Hasan, Towhid Hridoy, Afif Hossain, Mahedi Hasan, Mahmudullah, Shakib Al Hasan, Soumya Sarkar, Jaker Ali, Litton Das, Parvez Hossain Emon, Mohammad Saifuddin, Mustafizur Rahman, Rishad Hossain, Shoriful Islam, Tanvir Islam, Tanzim Hasan Sakib, Taskin Ahmed Zimbabwe squad - Brian Bennett, Craig Ervine, Tadiwanashe Marumani, Faraz Akram, Johnathan Campbell, Ryan Burl, Sean Williams, Sikandar Raza, Clive Madande, Joylord Gumbie, Ainsley Ndlovu, Blessing Muzarabani, Luke Jongwe, Richard Ngarava, Wellington Masakadza Bangladesh vs Zimbabwe Live Score: Zimbabwe won the toss and elected to field Bangladesh vs Zimbabwe Match Details 4th T20I of Zimbabwe tour of Bangladesh, 2024 between Bangladesh and Zimbabwe to be held at Shere Bangla National Stadium, Mirpur, Dhaka at 05:30 PM. Stay tuned for live updates.

Delhi poll body has various mechanisms in place to monitor paid news and social media, Chief Electoral Officer P Krishnamurthy said, even as he admitted that it is not plausible to keep a check on online platforms due to the large volumes of content. In an interview with PTI, Krishnamurthy also dismissed allegations about the poll panel being biased and asserted that it provides a "level playing field". Announcing the schedule of the general elections for the 18th Lok Sabha, Chief Election Commissioner Rajiv Kumar noted the complexity of tackling misinformation in the digital age and said the Election Commission had put in place certain measures to nip misinformation in the bud. Kumar had also said the commission would launch a "Myth vs Reality" project to clear the air around fake news on social media.

Pakistan being discussed when elections are taking place in India and the unemployment rate here is at a 45-year high, Congress leader Priyanka Gandhi Vadra asked on Friday as she hit back at the BJP on the row over Mani Shankar Aiyar's remarks. She also asked the ruling party to fight the polls on real issues. In an exclusive interview with PTI, Priyanka Gandhi accused the BJP of raising the Hindu-Muslim rhetoric to win the elections and asserted that the people don't want the polls to be contested on the basis of religion and caste. «People are saying you've (the BJP) won two elections on religion and now move forward from that,» the Congress general secretary said.

Delhi Chief Minister Arvind Kejriwal's wife Sunita Friday hailed the Supreme Court's decision granting interim bail to her husband as a "victory of democracy" and said the relief is the result of prayers and blessings of millions of people. In a major relief to Kejriwal, the Supreme Court granted him bail till June 1 to campaign in the ongoing Lok Sabha elections. Elections in Delhi will be held in the sixth phase on May 25. The AAP is contesting in four of the seven seats as part of a seat-sharing arrangement with INDIA bloc partner Congress. Arrested in a money laundering case linked to the alleged excise policy scam, Kejriwal will have to surrender and go back to jail on June 2. June 1 is the last day of the seven-phase elections. The votes will be counted on June 4.

NCP leader Praful Patel on Friday took oath as member of the Upper House of Parliament in presence of Rajya Sabha Chairman Jagdeep Dhankhar. Patel was declared elected unopposed to the Rajya Sabha on February 21. His fresh term as Rajya Sabha member began in April this year. «An immense honor to take the oath as a Rajya Sabha MP today, in the esteemed presence of the honorable Vice President, Shri Jagdeep Dhankhar Ji,» Patel said in a post on X. The NCP leader described the oath-taking ceremony as a «moment filled with solemnity and commitment to serve the nation.»

News18, “Efforts were made that Jharkhand CM and Delhi CM don't campaign in Lok Sabha Elections. But now, Delhi CM can campaign for the remaining period. This is not a victory of AAP or India alliance, but the victory of the people of India." TMC leader Majeed Memon said that it was very difficult to justify or appreciate ED's strong opposition to bail.

Celebrations erupted at AAP's office in Delhi after the Supreme Court granted interim bail to Chief Minister Arvind Kejriwal till June 1. Jubilant workers danced and raised slogans such as "Jail ke taale toot gaye, Kejriwal ji choot gaye". In a major relief, the Supreme Court on Friday granted Kejriwal interim bail to campaign in the Lok Sabha elections. A bench of Justice Sanjiv Khanna and Justice Dipankar Datta said Kejriwal, arrested in a money-laundering case linked to the alleged excise policy scam, will have to surrender and go back to jail on June 2.

BJP and Prime Minister Narendra Modi, AICC president Mallikarjun Kharge on Friday said Modi and his cabinet colleague Amit Shah are «worried» after the third phase of the Lok Sabha elections and they started abusing the Congress party. Addressing a press conference here, Kharge said to the BJP leaders, instead of seeking votes on their «development,» they are abusing the Congress leaders and distorting their (Congress) leaders' speeches, which according to him, is not required. Stepping up the attack on the saffron party, he asked «What is PM Modi doing if Congress is getting tempo loads of money from „Adani and Ambani?“ »After three phases of polls, Modi and Shah Saab got worried. They stopped talking about their manifesto, but only are abusing Congress," Kharge said.

Narendra Modi on Friday said some in the opposition want to bury him alive, but people of the country are his security shield and they won't let any harm come to him. Lashing out at the opposition Shiv Sena (UBT) headed by former Maharashtra CM Uddhav Thackeray, the BJP stalwart asserted the «nakli (fake) Shiv Sena» abuses him in such a way that it pleases its «favourite vote-bank». «The nakli Shiv Sena wants to bury me alive. They abuse me in such a way that it is liked by their favourite vote-bank. They also take a bomb blast accused for election campaigning,» Modi said while addressing a campaign rally in north Maharashtra's Nandurbar in support of BJP candidate Hina Gavit. The BJP on Thursday claimed 1993 serial bomb blasts accused Iqbal Musa alias Baba Chauhan was seen in a Lok Sabha campaign rally of Shiv Sena (UBT) Mumbai North West candidate Amol Kirtikar. The allegations were denied by Musa as well as Kirtikar, both of whom claimed they did not know each other. He maintained the opposition has lost people's support and trust, and that is why their political space is shrinking.

MLAs on Friday withdrew their plea from the Supreme Court against the Himachal Pradesh Assembly speaker's decision to disqualify them from the House. A bench of Justices Sanjiv Khanna and Dipankar Datta was told by senior advocate Abhinav Mukherjee, appearing for the former MLAs, that they want to withdraw the petition. «We knew this was going to happen due to the elections,» the bench observed while allowing them to withdraw their plea. The six former MLAs are now contesting assembly bypolls, which were necessitated after their disqualification, as BJP candidates.

Election Commission of India on Friday criticised Congress President Mallikarjun Kharge for allegedly 'obstructing' the ongoing Lok Sabha elections. The commission has termed Kharge's views as 'aggression on vitals of live election operations.' "Baseless allegations regarding release of voter turnout data in middle of ongoing polls are designed to create confusion, misdirection and impediments in the conduct of free and fair polls. Utterances can have negative impact on voters’ participation and demoralize the large election machinery across states," news agency ANI quoted EC as saying. “The pattern in series of past, present irresponsible statements from the Congress party is disconcerting,” the commission said.

What election? In the midst of what many expect to be the most toxic presidential campaign in modern history, American businesses are going to extraordinary lengths to stay off the political radar. Some CEOs are privately drawing up plans to tell employees not to expect comments on political matters in all-hands sessions. Others are reconsidering common election initiatives, such as get-out-the-vote drives, fearing those could be viewed in the current moment as partisan.

Motilal Oswal Financial Services anticipate a slowdown in commercial vehicle (CV) growth up until the first half of FY25, primarily attributed to reduced industrial activity preceding elections. However, they forecast a resurgence in demand during the second half of FY25.

Hemant Soren. The JMM leader has already challenged the high court order, and the apex court is scheduled to hear the matter on May 13. Hemant Soren has also sought interim bail for campaigning in the Lok Sabha elections till the high court delivers its verdict on his plea against arrest.