Election Financial News

Read here: General Elections 2024: Will Nifty extend gains for 4th straight month in May? The broader markets have been consistently hitting new peaks in September, except for some correction in February and March. Even though the benchmark Nifty is also at its record high, the bull run in the mid and small-cap stocks is unparalleled. All three indices hit their new peaks in the previous session, April 30.

₹50 crore by both the parties. The platforms enable targeting on several counts. Meta, for example, lets an advertiser specify, to whom (age and gender), where (state), and how much, how many times (‘impressions’), and to what spending limit, it wants an ad to be shown.

Live Law, a division bench consisting of Acting Chief Justice Manmohan and Justice Manmeet PS Arora described it as a ‘highly adventurous’ plea, contrary to fundamental legal principles. As per a report in ANI, the bench, led by the Acting Chief Justice, dismissed the petition, stating that if allowed, it would set a precedent for dreaded criminals like Dawood Ibrahim to form political parties, contest elections, and campaign through video conferencing. The bench also pointed out that even rapists and murderers could form political parties for such purposes.

Delhi High Court dismissed a Public Interest Litigation (PIL) on Wednesday which sought direction to the Election Commission of India to develop a mechanism promptly to ensure that political leaders and candidates would be allowed to campaign virtually with reasonable restrictions. The bench, led by the Acting Chief Justice, mentioned that if such a thing were to happen, individuals like Dawood Ibrahim and other notorious criminals might establish a political party, participate in elections, and conduct campaigns via video conferencing. The bench also stated that even individuals convicted of heinous crimes such as rape and murder could potentially create a political party for their objectives. The bench, including Justice Manmeet Pritam Singh Arora, stated that they are aware of the propaganda behind such petitions and are well informed about it. They have handled numerous petitions recently and have also imposed costs on the petitioners for submitting frivolous pleas.

RECord high of 75,124.28 on April 9 and the Nifty 50 scaled its fresh peak of 22,783.35 on April 30. The overall market capitalisation of firms listed on BSE rose to nearly ₹406.56 lakh crore on April 30 from nearly ₹386.97 lakh crore on March 28, making investors richer by nearly ₹20 lakh crore in a month. The undercurrent of the Indian stock market remains positive due to the bright outlook of the nation's economy, the prospects of political stability after the Lok Sabha election and the strong influx of domestic investors.

released the final voter turnout figures for the first two phases of the Lok Sabha elections on April 30. The announcement came 11 days after the first phase polling on April 19, and four days after the second phase on April 26. According to the poll panel’s data, the voter turnout for the first phase of polling was 66.14 per cent, marking a drop of about 4 percentage points compared to the first phase in the 2019 Lok Sabha Elections.

Justin Trudeau a “wacko", as per a Reuters report. The incident underscores the escalating tensions between the two political figures as they gear up for the upcoming Canandian elections slated for next year.

Maharashtra Deputy Chief Minister and Nationalist Congress Party leader Ajit Pawar stressed Prime Minister Narendra Modi's "fearless decision making" while hitting out at the opposition for bringing up «low-level issues» against him. Pawar claimed that there has been no corruption charges against PM Modi in the last ten years. «There have been no corruption charges against PM Modi in the last ten years. The opposition has no major issues so they speak about some low-level issues. PM Modi is making decisions without any fear. Opposition got united to target PM Modi but people are smart. They will make the right decision,» Ajit Pawar told reporters on Wednesday.

Prajwal Revanna, has sent shockwaves through the state. The genesis of this controversy traces back to a simmering dispute within the inner circle of former PM H D Deve Gowda's son H D Revanna's family. It all began to unfold in June 2023 when Karthik, a trusted aide who played various roles within the Revanna family, decided to challenge the established order, a TOI report stated. As per TOI report, at the heart of the issue lies a 16-acre piece of land situated in the ancestral village of the Deve Gowda clan in Holenarsipura. This land, a symbol of familial heritage and political stronghold, became the focal point of contention between Karthik and the Revanna family.

deepfake videos during the ongoing Lok Sabha elections. A bench of Acting Chief Justice Manmohan and Justice Manmeet PS Arora agreed to list the matter for hearing on Thursday, if the petition is in order. Senior advocate Jayant Mehta, while mentioning the plea for an urgent hearing, said it was being filed by a lawyers' body seeking directions to the Election Commission of India (ECI) to stop the circulation of deepfake videos during elections. Explaining the urgency, the lawyer said general elections are going on and deepfake videos are being circulated and they have also given a representation to the ECI.

Hyderabad Lok Sabha, Madhavi Latha slammed AIMIM and Congress, alleging that they have been winning polls by «spreading hate and terrorising people». «I am surprised that Rahul Gandhi, whose team morphs videos and tries to bluff people, whose party comes into coalition with unknown understandings with parties like AIMIM who give speeches filled with hatred, he cannot talk about peace and bringing unity in the nation,» said Madhavi Latha told ANI. When asked about Asaduddin Owaisi's statement, Madhavi Latha said, «I would only want to say that AIMIM, like Congress, has only been winning the seat by spreading hate and by terrorising people who honestly want to vote… They take control of polling stations and cast bogus votes. History tells, us that if in the history of elections in India, if someone got 110% of the votes, it was the AIMIM… Where are the extra 10 % coming from?»

Kirti Azad sought to poke holes in the BJP's Hindu nationalism plank, saying if the saffron party persists in using the «Hindu Khatre mein» (Hindus in danger) narrative despite being in power for ten years, it raises doubts about the party's necessity to return to power. The former BJP MP-turned-TMC nominee from West Bengal's Bardhaman-Durgapur Lok Sabha seat, also said the issue of the Uniform Civil Code (UCC) was a «ploy to communalise the polls» since the saffron camp «lacks an impressive report card to present before the masses». In an interview with PTI, Azad highlighted India's diversity and argued against the feasibility of implementing UCC in such a varied cultural landscape while stressing that history belies BJP's claims of Hindu insecurity under previous regimes. «During the Mughal rule, Hindus were not under threat; they were not in peril during British rule; even under multiple governments post-Independence, Hindus never faced any perceived danger. So how come Hindus are suddenly in danger when a Hindu nationalist party is in power for the last 10 years?» he argued.

Worries of deepfakes spreading misinformation predate Indian elections. Those who feared no escape from them may have turned out prescient.

Share market holidays 2024: Amid celebrations of Maharashtra Day in Mumbai and other parts of Maharashtra, some sections of the Indian stock market investors and observers might get confused about whether Dalal Street will remain open today or not. For such people, it is advisable to log in to the official BSE website and check the stock market holidays 2024 list. There one can find the full list of share market holidays 2024.

Mallikarjun Kharge has expressed confidence that his party would win a majority in the ongoing Lok Sabha election. That is precisely why, Kharge said, Prime Minister Narendra Modi was talking about ‘mangalsutra and Muslims’ in his election speeches. “We are going to win a majority in this election.

public offerings (IPOs) is set to be launched in May as companies, buoyed by market vibrancy, set aside concerns over heightened volatility historically associated with the general election season. Indegene, Aadhar Housing Finance, TBO Tek, Go Digit, Awfis Space Solutions, Kronox and others are expected to raise over ₹10,000 crore from public offerings this month, according to bankers. So far in 2024, 24 companies have raised about ₹18,000 crore from IPOs. The national polls are being held in phases until June 1. Carlyle-backed health tech firm Indegene has already announced its schedule for raising ₹1,842 crore and has fixed a price band of ₹430-452 per share. The IPO will open for public subscription on May 6. The issue comprises a fresh issue of ₹760 crore and an offer for sale (OFS) of 23.9 million shares.

₹1.65 billion. Also read: US Fed meet begins today: What to expect amid sticky inflation? Top experts share their views The existing transaction fees for S&P BSE Sensex options and S&P BSE Bankex options will remain applicable from May 1 to May 10.

Also Read: India VIX: Volatility may rise in the upcoming sessions following a three-month declining trend; here's why Market analysts reckon that the volatility index may rise just ahead of the election outcome. However, the increase may remain capped as the market has already priced in the stability. A significant drop in the volatility index indicates that participants are confident about the near-term market trajectory.

Election Commission of India (ECI) to push telecom operators to send SMSes to voters to encourage them to exercise their franchise in larger numbers in the subsequent phases, said people familiar with the matter. However, they said, while the ECI wants telecom operators to send about 100 million SMSes daily to voters, the telcos have said they can handle only about 20 million SMSes a day, citing a lack of capacity. «The Department of Telecommunications (DoT), Election Commission officials and executives from telecom operators have been meeting for the past few days to evolve a consensus on how many promotional messages need to be sent,» said an official, who did not wish to be identified.

A Silicon Valley-backed campaign to build a new city in California for up to 400,000 people says it submitted enough signatures to qualify the initiative for the November election

new video game to play this week. Whether you're diving into captivating narratives, testing your skills in intense multiplayer battles, or exploring vast open worlds, there's something for every gamer to enjoy. Embark on thrilling adventures with the newest video games available to play this week! Judging from the polls, a lot of Americans aren’t happy with their choices in this fall’s presidential election. Thank goodness for The Political Machine 2024, which lets you create your own White House candidate from scratch. Sure, you can play as Donald Trump, Joe Biden, or an also-ran like Ron DeSantis or Nikki Haley, but why not try to get yourself or your grandma or your favorite teacher elected? Publisher Stardock, best known for intergalactic strategy epics like Sins of a Solar Empire, has cranked up «The Political Machine» every four years since 2004, and this season’s edition adds primaries, debates and action cards that “undermine your opponents and bolster your campaign.”