Election Financial News

₹2.5 crore from senior Shiv Sena (Uddhav Balsaheb Thackeray) leader Ambadas Danve, claiming that he could hack all the electronic voting machines (EVMs) in the Sambhajinagar Lok Sabha constituency. The arrested accused has been identified as Maruti Dhakne, a native of Maharashtra's Ahmednagar district. Dhakne had dialled Shiv Sena leader Ambadas Danve, the leader of Opposition in the Maharashtra legislative council, saying he could hack all the EVMs in the Sambhajinagar Lok Sabha constituency to get the desired result the party wanted.

BJP leader Manohar Lal Khattar on Tuesday said the decision to replace him as the chief minister of Haryana with Nayab Singh Saini was not a sudden one and he had suggested this to Prime Minister Narendra Modi more than a year ago. Khattar said the Congress leaders have been spreading falsehood about the leadership change in Haryana.

National Conference leader Omar Abdullah on Tuesday accused PDP president Mehbooba Mufti of opposing the withdrawal of the controversial AFSPA from Jammu and Kashmir when he was the chief minister.

BJP in Haryana amid the Lok Sabha elections, three Independent MLAs on Tuesday announced that they have withdrawn their support to the Nayab Singh Saini-led government in the state. The three MLAs — Sombir Sangwan, Randhir Gollen and Dharampal Gonder — also said that they have decided to extend support to the Congress during the elections.

Maharashtra Chief Minister Eknath Shinde on Tuesday accused Uddhav Thackeray of doing «dogli rajneeti» (double-faced politics) and alleged that his predecessor was plotting an attack on his house while pretending to be making a peace offer for his return to the Shiv Sena after they split nearly two years ago. Shinde, who now heads the «real» Shiv Sena, also said Uddhav was totally opposite to the party founder Balasaheb Thackeray and was only interested in furthering his self-interest, unlike his father who always stood by his party's workers and never went back on his words.

Brad Parscale, the digital guru behind Donald Trump's surprise 2016 presidential victory, has become an evangelist about the power of artificial intelligence to transform how Republicans campaign for office

Senate Republicans are returning to a strategy they hope could neutralize their Democratic rivals' financial edge: Find rich people to run

The Biden campaign and top Democrats are wrestling with how best to use artificial intelligence, exposing the party’s anxiety over falling behind Republicans in the race to deploy technology that could transform the future of elections

A former head of the Scottish National Party is expected to be Scotland's next leader

The digital campaign operative who helped engineer Donald Trump’s 2016 presidential victory with the heavy use of Facebook ads is back working for Trump and is an evangelist for artificial intelligence

This year, as with nearly every recent election, questions were raised about the functioning of electronic voting machines (EVMs). While the Supreme Court upheld their use in elections, when asked if the source code of EVM machines could be released for open source use, it tersely shut down that line of argument, pointing out that if the source code is released, it would be misused. While I have no desire to wade into the debate over whether and how electronic voting machines should be used, I do want to unpack the Supreme Court’s somewhat offhand rejection of open source.

YSR Congress Party chief Y S Jagan Mohan Reddy on Tuesday alleged that TDP supremo N Chandrababu Naidu along with BJP state president D Purandeswari was stalling the distribution of welfare schemes in Andhra Pradesh. He made this allegation at Rajanagaram in East Godavari district during a public meeting as part of his election campaign.

Kadapa parliamentary constituency, Congress leader Y S Sharmila Reddy is leaving no stone unturned to woo voters by invoking the political legacy and popularity of her late father, the iconic Y S Rajasekhara Reddy (YSR), the former Chief Minister of united Andhra Pradesh. Sharmila, who merged her party into the Congress ahead of elections, is taking on her cousin Avinash Reddy, the YSR Congress candidate accused in the murder case of their uncle and the party's senior leader, Y S Vivekananda Reddy.

stock market full of speculations around the implications of a low voter turnout in all the first three phases of the ongoing Lok Sabha election, Nifty today fell below its 50-DMA. In the last three days, Sensex has lost over 1,000 points while the combined market capitalisation of all BSE-listed stocks has fallen by Rs 11 lakh crore. Dalal Street has been defying cues from Wall Street as the Dow Jones has been trending up for four consecutive trading sessions, but Nifty has turned highly volatile and apprehensive amid selling by FIIs.

Samajwadi Party chief Akhilesh Yadav on Tuesday alleged that the BJP workers was trying to loot booths in the state's Mainpuri Lok Sabha constituency and detaining people from opposition parties in police stations. «In Mainpuri, BJP people are trying to loot booths. They are detaining opposition people in police stations,» Yadav said without giving details.

economic growth is faltering. For decades, the rapid inflow of migrants helped countries including Canada, Australia and the UK stave off the demographic drag from aging populations and falling birth rates. That’s now breaking down as a surge of arrivals since borders reopened after the pandemic runs headlong into a chronic shortage of homes to accommodate them. Are you immigration ready? Find out Canada and Australia have escaped recession since their Covid contractions, but their people haven’t with deep per-capita downturns eroding standards of living. The UK’s recession last year looked mild on raw numbers but was deeper and longer when measured on a per-person basis.

Lok Sabha elections, while reminding them that a correct decision can create an India where justice is supreme. Also Read | Live updates on Lok Sabha Elections 2024 phase 3 polling “Vote to save Constitution, Vote to protect Democracy ! 11 Crore people in 93 Constituencies shall exercise their democratic right, not just to elect their representatives, but shall decide whether they want to secure their Constitutional Rights or witness our great nation veer towards Dictatorship," the Congress chief posted on the microblogging site.

Also Read: Lok Sabha Polls 2024: 6 contests in UP to watch out for in Phase 3 voting today— Yadavs, BJP heavyweights in the fray The Met Department stated that thunderstorms are likely in the region over the next few days. However, six people, including a married couple, died in thunderstorms in south Bengal. A cyclonic circulation over south Jharkhand and substantial moisture incursion from the Bay of Bengal will bring thunderstorms with lightning and gusty winds to various districts of West Bengal, reported PTI, quoting the weather office.

Deepak Shenoy, Founder, Capital Mind, says “I believe longer term, LIC is still a good play. Even from here, the fourth quarter is likely to be pretty good because they recognise a certain set of revenues only in the fourth quarter related to their participating policies, the 7.5% of profit that they will share with shareholders is taken out entirely in the fourth quarter, so that will be a fairly large chunk to add. Also we are still buying BSE because despite what happened recently in terms of SEBI giving them a notice about paying up for the options volumes on a notional basis rather than on a premium basis, they have increased their rates and perhaps are going to recover any future charges from customers directly.”

Aditya Arora, Adlytick, says “markets are pretty overvalued in terms of PE ratio, price to book ratio and technically also. We believe there will be a correction of 1,000 to 4,000 points from the top. If we see a good outcome in the election, there could be a short-term spike in the market. So, whatever is the top for the market, from there we see a correction of 1,000 to 4,000 points. We can see froth all over – in midcaps, smallcaps and largecaps also, although largecaps are already correcting. So, we are creating short positions in the market on the rise.” What is your view on the market right now? How would you trade in Nifty, Bank Nifty? What is your positioning? Or are you sitting out right now? Aditya Arora: We are positioned in the market, preparing for a 1,000-4,000 point of correction in Nifty post election. The reason is that a lot of people have priced in great growth in markets post election expecting the BJP government to come back to power. If you look at PE multiples of various stocks and sectors, then it is touching sky high levels.

third phase of voting commenced for 18th Lok Sabha polls on Tuesday, Prime Minister Narendra Modi on casted his vote at Nishan Higher Secondary School in Ahmedabad, Gujarat. The Prime Minister was welcomed by Union Home Minister Amit Shah when he arrived at Nishan Higher Secondary School. «Today is the third phase of the Lok Sabha elections. I appeal to everyone to cast their vote in this democracy. The election campaign will run for three to four weeks more. I always cast my vote here in Gujarat. (Union Minister) Amit Shah is contesting the election from here as a BJP candidate. I came here yesterday from Andhra Pradesh and need to go to Madhya Pradesh, Maharashtra, and Telangana (today),” said PM Modi after casting his vote. Along with rising temperature in the country, PM Modi urged the voters to drink more water. „It will be good for your health and will also give you energy...,“ said the PM.