Election Financial News

Election Commission of India (ECI) on Monday made it clear on «no violence» stand in coming Lok Sabha polls and cautioned Sandeshkhali issue was elaborately discussed with senior district police officials of North 24 Parganas and Basirhat about serious law & order situation in Sandeshkhali even as it met various political parties, District Magistrates, Superintendents of Police and senior government officials to discuss preparedness for the upcoming Lok Sabha elections in West Bengal. ECI bench has directed the state administration to pull up its socks on violence and said «no-violence & no bombings» will be tolerated in the coming Lok Sabha polls. Panchayat violence issue was raised by the full bench. Following demands by BJP, Congress and CPI-M, the ECI directed District Magistrates to take action against fake voters, an issue raised by LoP Suvendu Adhikari and today again by BJP, Congress and CPI-M leadership, people in the know told ET. Meanwhile, the ruling Trinamool Congress delegation demanded «one phase vote» during the meeting and claiming that CAPF working in the instruction of BJP. «When all states have on phase vote, why will Bengal have seven phase votes? Just to ensure PM Narendra Modi and Union Home Minister Amit Shah can come to Bengal in several phases? It should be ensured that central forces are not pressurized by BJP, senior Trinamool MP Kalyan Bandopadhyay said.

Donald Trump is eligible to appear in Colorado’s primary ballot in a milestone 2024 U.S. election case, the Supreme Court ruled Monday.

Congress leader Rahul Gandhi, on Monday, accused Prime Minister Narendra Modi of trying his best to hide the "donation business." The former Congress president's remark came hours after the State Bank of India (SBI) approached the apex court seeking more time to disclose the names of donors. In a tweet, Rahul Gandhi said, «When the Supreme Court has stated that it is the right of the countrymen to know the truth about electoral bonds, why does SBI want this information not to be made public before the elections?» «Asking for time until 30th June for information that can be retrieved with one click shows that there is nothing black in the pulses; the entire pulses are black,» Gandhi added.

Jaya Prada, declared an «absconder» in connection with two cases related to election code violation, appeared before a court here on Monday and was later granted conditional bail. The actor was the BJP candidate from Rampur in the 2019 Lok Sabha polls and was defeated by the Samajwadi Party's Azam Khan. She was elected to the Lok Sabha from Rampur in 2004 and 2009 on a Samajwadi Party ticket. The SP expelled her subsequently. In these cases, the special MP-MLA court had issued summons several times but the former MP did not appear before it. Subsequently, non-bailable warrants were issued against her seven times, but the police could not produce her before the court. On February 27, the court declared her an «absconder» and directed police to arrest her and produce her before it on March 6.

U.S. Supreme Court handed Donald Trump a major victory on Monday as he campaigns to regain the presidency, overturning a judicial decision that had excluded him from Colorado's ballot under a constitutional provision involving insurrection for inciting and supporting the Jan. 6, 2021, Capitol attack. The justices unanimously reversed a Dec. 19 decision by Colorado's top court to kick Trump off the state's Republican primary ballot on Tuesday after finding that the U.S. Constitution's 14th Amendment disqualified him from again holding public office.

delimitation exercise of last year, political parties put their best foot forward. Union Minister Sarbananda Sonowal who is Rajya Sabha MP is fielded from Dibrugarh axing Union Minister of State for Petroleum and Natural Gas, Labour Rameswar Teli. Congress's Gaurav Gogoi is looking to shift his constituency to Nagaon. Gogoi' Lok sabha constituency Koliabor ceased to exist, and a new constituency was created Kaziranga. The political landscape of Assam stands changed after almost 27 years as the Election commission of India has published the Delimitation of assembly and parliamentary constituencies last year.

Aam Aadmi Party (AAP) chief national spokesperson Priyanka Kakkar on Monday said the party respect the Hon’ble Supreme Court's order to vacate its (AAP) headquarters office in the Rouse Avenue area of the national capital as the land was allotted for the expansion of Delhi High Court's infrastructure. Kakkar said the Supreme Court has also directed that the Centre's Land and Development Office to allot an alternative land for AAP's office as soon as possible.

Jharkhand Mukti Morcha (JMM) legislator Sita Soren had accepted bribe to vote in favour of independent candidate R K Agarwal but did not vote for him, an act that triggered a CBI probe under the provisions of the Prevention of Corruption Act. Sita Soren, the daughter-in-law of JMM founder Shibu Soren, sought refuge in the Jharkhand High Court citing Article 194 (2) of the Constitution that grants immunity to legislators for whatever they speak or the votes they cast in the legislative assembly or committees. Sita Soren also argued that as a JMM MLA, she had voted for the party candidate Sanjiv Kumar, who won the Rajya Sabha election. In 2014, the Jharkhand High Court refused to quash the case filed against her by the Central Bureau of Investigation (CBI), prompting her to move the Supreme Court.

By Ross Kerber

195 candidates who will be contesting the upcoming Lok Sabha elections 2024. The first list featured Prime Minister Narendra Modi, 34 Union ministers including Amit Shah, Rajnath Singh and Smriti Irani. The first list had names of candidates from 16 states and two Union Territories.

GOLDSBORO, N.C.—Donald Trump has been impeached, indicted and ordered to pay hundreds of millions of dollars in penalties for committing fraud and defamation. For many Republican voters in this Raleigh exurb, that doesn’t disqualify him from returning to the White House. Instead, it makes them more likely to back Trump in this week’s Super Tuesday primary because they view the GOP presidential front-runner as unfairly targeted by his political enemies.

Congress rebels and independent MLAs who voted in favour of the BJP candidate Harsh Mahajan in Rajya Sabha elections, the BJP State President Rajiv Bindal on Monday said that the Congress is taking dictatorial decisions. Raiding the houses and business outlets of MLAs, taking various types of actions against them and people associated with them, sending people to instigate fights and creating an atmosphere of fear in the entire state is unacceptable and will not be tolerated, he said in a statement issued here.

NTPC Limited share price gained more than 4% on Monday to hit record highs of ₹358.30 on the NSE, during intraday trades. Notably NTPC stock was the largest gainer among Nifty-50 stocks. As the power demand in the country remains strong and is lifting prospects of power producers like NTPC, the news flow around further capacity expansions remains strong, improving earnings prospects for NTPC and also investor confidence.

Taher Badshah, Chief Investment Officer at Invesco Mutual Fund believes it is going to be a period of low triggers in the market as there is not much in terms of actionable events to look forward to, except for policy rates at a global level, the monsoon development, and the election results from a domestic standpoint. In an interview with Mint, Badshah shared his views on markets and sectors he is positive about. Edited excerpts: We will be in the run-up to the elections in the coming weeks, but that too, at some level, has been taken into cognizance by the market.

Prime Minister Narendra Modi's visit to Tamil Nadu, the state BJP convened its Core Committee meeting at the party headquarters in Kamalayam on Monday. As reported by ANI, the meeting was led by BJP State President K Annamalai and attended by senior leaders including Vanathi Srinivasan, Nainar Nagenthiran, AP Muruganandam, and Ponguleti Sudhakar Reddy.

Tata Motors and Bajaj Auto), cement (at 26 percent, UltraTech Cement), industrials (at 25 percent, Adani Ports and L&T), financials (at 16 percent, Bajaj Finance, Bajaj Finserv, HDFC Life, and SBI Life), and IT (at 15 percent, Tech Mahindra and LTI Mindtree)," it predicted. Top Picks: ICICI Bank, HDFC Bank, Maruti Suzuki, Tata Motors, Hero MotoCorp, L&T, ABB, BEL, UltraTech, Ambuja, JK Cement, Tata Steel, Hindalco, LTIMindtree, HCL Tech, Persistent, Ratnamani Metals, APL Apollo, Dr Reddy’s, Syngene, Finolex Cables, PG Electroplast, Kaynes Technology, Concor, Mahindra Logistics, GAIL, IGL, Shriram Finance, SBI Life, Aarti industries, SRF, GCPL, Nestle, Trent, Coromandel.

Shankar Sharma portfolio: Ace investor in the Indian stock market, Shankar Sharma has bought a fresh stake in MOS Utility shares. As per the information available on the NSE website, Shankar Sharma bought 1,48,800 shares of the NSE SME stock. After the outbreak of this stock market news, MOS Utility shares witnessed strong buying interest in the morning session and the stock touched an intraday high of ₹172.40 apiece, which turned out a new 52-week high for the SME stock.

Prime Minister of Pakistan on Monday, taking over the reins of the country for a second time since 2022, amidst staggering economic and security challenges faced by the country. President Arif Alvi will administer the oath to Shehbaz Sharif in a ceremony held at the President's residence in the afternoon. The 72-year-old politician earlier served as prime minister of a coalition government from April 2022 to August 2023 before Parliament was dissolved to hold general elections last month.

Aman Soni, Head of Operations at Prudent Equity, believes one should remain invested in stocks but the quantum is something one needs to identify based on their time frame and risk appetite. In an interview with Mint, Soni also shared his views on the market and his strategy for the mid and small-cap space. Edited excerpts: Never shy away from investing in equities.

LONDON — Economists expect U.K. Finance Minister Jeremy Hunt to use a small fiscal windfall to deliver a modest package of tax cuts at his Spring Budget on Wednesday.

Iranian conservatives dominated the majority of seats in elections for a clerical body and the national legislature on Sunday, as reported by AFP citing local media. The turnout was estimated to be at a record low. Here are the top ten updates.