Election Financial News
03.05 / 18:21
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Will win all Chhattisgarh seats; examining Congress government schemes; may discontinue some: Vishnu Deo Sai
BJP is working hard and will win all 11 Lok Sabha seats in Chhattisgarh, sayschief minister Vishnu Deo Sai. In a conversation with ET in Korba, he says his government is examining all Congress schemes and may discontinue some and why Naxal attacks and encounters have increased since BJP assumed power. Excerpts: On prospects in LS polls We are considering all 11 seats as tough and working hard everywhere. We will win all 11 seats.
03.05 / 16:39
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Vi loses 680,000 subscribers in March, its fewest in seven months
Vodafone Idea trimmed its subscriber losses to 0.68 million in March, the lowest since last August and the second-lowest since March 2023, according to data from the telecom regulator. The third-largest telco by subscribers had 219.8 million users in March. Second-placed Bharti Airtel gained 1.75 million customers in the month, taking its total to 385.7 million.
03.05 / 16:39
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PM Modi to file nomination from Varanasi Lok Sabha seat on May 14, hold roadshow on May 13
Comedian Shyam Rangeela, the Congress' Ajai Rai and Bahujan Samajwadi Party's (BSP) Athar Ali Lari. PM Modi is seeking a third term from the Varanasi constituency. He had secured a landslide victory in the 2014 and 2019 Lok Sabha election.
03.05 / 15:19
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Trade
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Why the Nifty dropped to 3-week low after hitting fresh highs
₹2,391.98 crore on Friday, while domestic institutional investors, or DIIs, net purchased ₹690.52 crore, helping the market recover to an extent. Both the Nifty and the Sensex fell 2% from their day highs.
03.05 / 15:19
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‘Parevaar ki karmbhoomi…’: Rahul Gandhi calls filing nomination from Raebareli ‘bhavuk pal’
Rahul Gandhi, who filed his nomination from Raebareli earlier in the day, referred to it as an ‘emotional moment’. Further noted that, he has been entrusted with the opportunity to serve at his ‘family's workplace’. Taking to X (formerly Twitter), the senior Congress leader stated, Nomination from Raebareli was an emotional moment for me! My mother has entrusted me with the responsibility of the family's workplace with great confidence and given me the opportunity to serve it.
03.05 / 14:21
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Courts
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Can't stop Rahul Gandhi, Lalu Yadav from contesting polls as…: SC responds to ‘namesake candidates’ plea
Election Commission to address the problem of "namesake" candidates in Lok Sabha elections 2024. After a bench headed by Justice B R Gavai showed disinclination to entertain the plea, the petitioner's counsel sought permission to withdraw it.
03.05 / 14:21
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Top News on May 3: Titan Q4 results, Rahul Gandhi's nomination from Raebareli, pro-Palestine protests and more
₹786 crore — a 7% YoY rise from ₹734 crore in the year-ago period. The company declared a dividend of ₹11 per share of ₹1 each. ALSO READ: Titan Result Highlights: Net profit rises 7% YoY to ₹786 crore, declares dividend of ₹11 per share Congress leader Rahul Gandhi filed his nomination papers from the family bastion of RaeBareli on Friday.
03.05 / 14:21
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Courts
What is Article 361? Constitutional immunities protecting Bengal Governor in ‘molestation’ case
Governor of "insulting women" and questioned Prime Minister Narendra Modi's upcoming visit to the state for the Lok Sabha elections 2024 campaign. PM Modi is scheduled to stay at Raj Bhavan during his visit. The Kolkata police have filed a police complaint in the case based on the statements given by the Raj Bhavan employee, but they can't name Governor CV Ananda Bose in the case due to the immunities provided under Article 361 of the Indian Constitution.
03.05 / 14:21
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Interviews
'Rahul Gandhi should have contested from Varanasi against PM Modi': Former Congress leader Acharya Pramod
Rahul Gandhi migrated from Amethi. Any other leader in his place, who takes decisions after carefully weighing his credibility and acceptability, would have considered contesting directly against Prime Minister Narendra Modi from Varanasi if he did not wish from Amethi," Acharya Krishnam told news agency ANI in an interview. ALSO READ: How the ‘reluctant’ Rahul Gandhi was persuaded to contest from Raebareli, Congress party's ‘safest’ seat Prime Minister Narendra Modi will contest from Varanasi, Uttar Pradesh, as a Bharatiya Janata Party (BJP) candidate.
03.05 / 14:15
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FM Sitharaman refutes reports of income tax changes after Lok Sabha election results
Finance Minister Nirmala Sitharaman has refuted media reports that said the new government will bring some sweeping changes in the income tax system after the Lok Sabha election results. The finance minister took to social media platform ‘X’ and said, ‘’Wonder where this is come from. Was not even double checked with Finance Ministry. Pure speculation.'' said Sitharaman.
03.05 / 13:17
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Injustice
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rights
If Rahul Gandhi wins both Raebareli and Wayanad, then…? Rival from southern constituency Annie Raja poses BIG question
Rahul Gandhi filed his nomination from Uttar Pradesh's Raebareli, his Wayanad rival Annie Raja cited that the Congress party should have informed the people of Wayanad of the possibility, even if it was a ‘last-minute decision’. Noting that it is a question of morality, the Communist Party of India candidate stated that Wayanad voters have the right to know that if he wins from both the constituencies, where would he resign from. "I am very sure that it is not a certain decision.
03.05 / 13:17
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Beer battles election blues, gin toasts summer gains
Mint reported that United Breweries Ltd (UBL), the maker of Kingfisher and Heineken beers, expected potential supply chain disruptions due to election-related restrictions but still anticipated a strong summer season for business, forecasting high single-digit growth over last summer. “Navigating regulatory landscapes remains a challenge, particularly with high taxation and export constraints in key states," noted Kartikeya Sharma, president of AB InBev India. He also highlighted the socio-economic potential of the beer industry to generate employment, emphasizing its nature as a local and natural product.
03.05 / 13:17
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Manufacturing
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UltraTech Cement, Ambuja, ACC, Shree Cement, others: Muted April cement sales volumes, prices add to caution
Ambuja Cements, ACC, Dalmia Bharat Q4 earnings performances have remained a mixed bag. While some met expectations and few as UltraTech and even ACC performance came ahead of expectations, Dalmia Bharat and Ambuja Cements Q4 performance remined below expectations on weaker than expected realizations.
03.05 / 12:01
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Strategy
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Election
rights
Should have split away from Sharad Pawar in 2004 when NCP ceded CM post to Congress: Ajit
Maharashtra Deputy Chief Minister Ajit Pawar has said he should have parted ways with his uncle Sharad Pawar in 2004 itself when the Nationalist Congress Party (NCP) gave up its claim on the chief minister's post while forming a government in the state in alliance with Congress. Speaking at a campaign rally at Indapur in Pune district for his wife Sunetra Pawar who is pitted against sitting MP and his cousin Supriya Sule of NCP (Sharad Pawar) in the Baramati Lok Sabha constituency, Pawar said when his uncle made any unexpected political moves, it was called strategy, while his own political decisions are described as betrayal.
03.05 / 12:01
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"What to call a person who left battle in between...": Rajnath Singh takes jibe at Rahul Gandhi
Rajnath Singh on Friday took a jibe at Congress leader Rahul Gandhi for having chosen Rae Bareli instead of Amethi to contest in the Lok Sabha polls and said that everyone knows what do «we call a person who runs away from the battle in between». He was addressing a public meeting in Rohtak, Haryana for BJP candidate Arvind Sharma. «Rahul Gandhi has left the battleground and ran away to Wayanad. When his party wanted him to contest elections again from Amethi, he chose Rae Bareli. We all know, what to call a person who left battle in between,» he said.
03.05 / 12:01
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Department
prevention
Nirmala Sitharaman junks reports of income tax tweaks that made Sensex crash 1,100 points
Sensex crashed 1,100 points following a report that the Income Tax department is planning some sweeping changes after Lok Sabha elections, Finance Minister Nirmala Sitharaman debunked rumours calling it pure speculation. «Wonder where this is come from. Was not even double checked with @FinMinIndia. Pure speculation,» Sitharaman said on social media while reacting to a tweet made by a news channel claiming that the tax department is planning to impose uniform treatment for all asset classes.
03.05 / 11:05
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Remember good things which happened before voting: Jagan Mohan Reddy
Jagan Mohan Reddy on Friday urged people to remember the good things that happened to them during YSRCP tenure before casting their vote in the forthcoming elections, and listed out a slew of welfare schemes introduced by his government. The ruling party chief said this during a public meeting in Narasapuram in West Godavari district. «Think under whose tenure good things happened and under whom will that good continue. Everybody should think about it and then vote,» said Reddy. Appealing to those who did not vote for him in the past elections, he requested them to go home and discuss with family members. Terming the forthcoming elections as a 'Kurukshetra' battle, Reddy said they are not just to elect MLAs and MPs but to decide the future of every household in the next five years and the continuation of welfare schemes.
03.05 / 10:07
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Election
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information
Raebareli Rahul Gandhi: How the ‘reluctant’ Congress MP was convinced to contest party's ‘safest’ seat
Rahul Gandhi on Friday filed his nomination from Uttar Pradesh's Raebareli Lok Sabha constituency. The senior Congress leader was accompanied by party's national president Mallikarjun Kharge, Sonia Gandhi, Priyanka Gandhi and her husband Robert Vadra. However, source close to Moneycontrol cited that Rahul Gandhi was reluctant to to contest elections from UP and had to be persuaded by several senior party leaders.
03.05 / 08:55
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Rahul Gandhi files nomination from Rae Bareli seat
Congress leader Rahul Gandhi on Friday filed his nomination from Rae Bareli, a few hours after announcing his candidature from the key constituency. The party leader was accompanied by his sister and Congress party's general secretary Priyanka Gandhi Vadra and Rae Bareli's sitting MP Sonia Gandhi. The party has decided to drop Priyanka Gandhi Vadra this time around. Congress' loyalist KL Sharma will be contesting the Lok Sabha elections from Amethi, the seat Rahul Gandhi lost in the 2019 general elections to BJP leader Smriti Irani.
03.05 / 08:55
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Rahul Gandhi picks Rae Bareli over Amethi: Will Gandhi's safe play help or hurt Congress?
Congress finally revealed that Rahul Gandhi will contest from the historic Gandhi family seats of Rae Bareli in Uttar Pradesh. The unexpected twist in the announcement has sparked interest and speculation among political circles. In a strategic move, senior leader Rahul Gandhi has opted to contest from Rae Bareli, a decision that deviates from the traditional stronghold of Amethi, where he faced defeat in the 2019 elections against Union minister Smriti Irani. Meanwhile, his sister and AICC general secretary Priyanka Gandhi Vadra has decided not to enter the electoral fray at this time. The nomination unveiling took place on the deadline day for filing nominations for the two constituencies, which are scheduled for polling on May 20. In Amethi, the party has put forward Kishorilal Sharma, a prominent figure representing the Nehru-Gandhi legacy in the region for over two decades. This marks the first time in 25 years that a member of the Gandhi family will not be contesting from Amethi.
03.05 / 08:55
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"Congress has conceded defeat in Amethi...": Smriti Irani on Rahul Gandhi contesting from Raebareli
Rahul Gandhi was named by the Congress as its candidate from Raebareli Lok Sabha seat, Union Minister and BJP's candidate from Amethi, Smriti Iron Friday said that Congress has conceded defeat from the constituency even before a vote was cast, adding that the opposition party would not have fielded a «proxy candidate» (Kishori Lal Sharma) if they were hopeful about the outcome of the polls. «I welcome the guests to Amethi. The fact that the Gandhis are not fighting in Amethi shows that even before a vote has been cast, they are losing from Amethi. If they had seen even a glimmer of hope, they would have contested and not put up a proxy candidate,» Smriti Irani told reporters in Amethi. Smriti Irani said that Rahul Gandhi's candidature from Raebareli is a «victory» for the people in Amethi.
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