Election Financial News

dollar rags-to-riches story of Indian PSU stocks is leaving mutual fund managers with no option but to join the party even if they are late than momentum-chasing retail investors. The ownership of PSUs in mutual funds has just crossed a 3-year high and looks poised to break the levels seen during the 2019 and 2014 Lok Sabha elections. The first leg of MFs chasing PSU stocks, which was in sync with global revival in value trade, began in 2021-2022 but was restricted to few largecap PSU stocks only.

SlateStone Wealth chief market strategist Kenny Polcari and 'The Big Money Show' co-host Taylor Riggs discuss whether rising inflation is affecting consumer spending on 'Making Money.'

As we welcome the year 2024, it’s important to recognise its unique significance in the global political landscape. This year marks a pivotal moment, as 50 nations, including key players like the United States, United Kingdom, Russia, South Africa, and India, embark on the critical process of electing new governments. The democratic exercise of elections not only embodies the foundational principles of democracy but also exerts a profound influence on the corporate sector. The stability and predictability offered by consistent governmental policies are indispensable for fostering long-term economic growth.

Every new OpenAI announcement sparks awe and terror. Late last week, the maker of ChatGPT dropped its latest new gizmo, a text-to-video model called Sora that can create up to a minute of high-quality video. Cue a flood of remarkable AI clips going viral on social media, while stock video producers, filmmakers, actors and some startup founders likely fretted about their livelihoods.

ALSO READ: Rahul Gandhi's ‘Nyay Yatra’ to be paused, Congress leader to appear before civil court in Sultanpur on Tuesday Earlier, Amethi used to be a Congress stronghold until 2019 when Rahul Gandhi lost to Irani by a margin of around 55,000 votes in the Lok Sabha elections. The Congress is still undecided on whether Rahul Gandhi will attempt to regain the Congress stronghold, especially since Sonia Gandhi has also left Rae Bareli for the Rajya Sabha.

Supreme Court on Monday ordered that the ballot papers and video that have been taken into custody by the Registrar General of Punjab and Haryana High Court according to its order, be produced before the apex court on February 20 at 2 pm. The bench expressed concern over the "horse trading" and slammed Anil Masih, the Returning Officer for the Chandigarh Municipal polls, saying he must be prosecuted for "defacing ballot papers". During the hearing today, the bench asked Masih why he had made marks (ticks and x marks) on the ballot papers he was tasked to count.

By Doina Chiacu

Rahul Gandhi's Bharat Jodo Nyay Yatra, which started on January 14 from Thoubal in Manipur and will end on March 20 in Mumbai, spanning the country from east to west, was planned with the aim of pre-poll mobilisation of voters. It was expected to repeat the success of Bharat Jodo Yatra which had catapulted Rahul to the top of the news for a long period and positioned him as a leader who had the support of different sections in India. A large number of celebrities and politicians from different parties had joined Rahul to deliver the message that Rahul is a big leader who enjoys widespread support. However, the Nyay Yatra pales in comparison to the previous yatra. Rahul has been isolated as alliance members have been ditching the party during the yatra. How Bharat Jodo Yatra fared

Tabadlab, a think tank based in Islamabad, presents a grim outlook on Pakistan's economic condition, characterizing its debt situation as an «intense blaze» and significantly more severe than the International Monetary Fund's evaluation of being «close to» manageable. With debt levels reaching alarming highs, Pakistan faces the grim prospect of an «inevitable default,» which could trigger a devastating economic spiral.

Chandigarh Mayoral Election leading to a political and legal fight between the Bharatiya Janata Party (BJP) and the Aam Aadmi Party (AAP) have to be produced in the Supreme Court February 20. The votes already cast will be counted by disregarding the marks which were made on them by the previous Presiding Officer Anil Masih, as per SC directives. Basically there won't be any fresh election to settle the dispute over the outcome of the results of election held on January 30.

Supreme Court and the judgment would come that something was given to Lord Krishna in corruption and Lord Krishna was doing corruption. It is better that you expressed your feelings and did not give anything," PM Modi said. In a unanimous judgment on Thursday, a constitution bench headed by Chief Justice DY Chandrachud struck down the electoral bond scheme and the State Bank of India (SBI) to publish the transaction details.

Major technology companies signed a pact Friday to voluntarily adopt “reasonable precautions” to prevent artificial intelligence tools from disrupting democratic elections worldwide

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Karnataka Congress government will be paying Rs 15 lakhs as compensation to the family of a man killed by an elephant from the state in AICC leader Rahul Gandhi’s Lok Sabha constituency of Wayanad in Kerala. Gandhi, who broke away from his scheduled Bharat Jodo Nyay Yatra as a part of his Lok Sabha campaign to visit the victim's family on Saturday, had asked the Karnataka government to compensate the family on humanitarian grounds. The Karnataka government’s move comes at a time when Lok Sabha elections are a few months away, with the ruling Left Democratic Front in Kerala being a part of the Congress’ INDIA alliance for the Parliament polls, but a rival at the regional level. In a letter to Gandhi, Karnataka forest minister Eshwar Khandre said that his department plans to host a meeting with forest departments of Kerala and TamilNadu to come up with an action plan for avoiding man-animal conflicts. Karnataka, the minister wrote, had the highest number of elephants in India at 6,395. “Due to several reasons, forest cover is decreasing and the number of elephants coming into the human habitat is increasing,” he added.

DK Shivakumar on Monday accused JDS leader HD Kumaraswamy of making «offers» to Congress MLAs to influence them to vote for his party candidate in the Rajya Sabha polls. “We are aware of who HD Kumaraswamy is making phone calls to, what he is speaking and what offers he is making. Our MLAs have given us all the information. We are aware of BJP’s game plan too,” Shivakumar told the media in Bengaluru. JDS has fielded former Rajya Sabha member and wealthy businessman Kupendra Reddy as NDA's surprise fifth candidate, setting off worries in the Congress camp.

Supreme Court on Monday remarked that that Anil Masih, the returning officer in Chandigarh Mayor election, has to be prosecuted as he was interfering with the election process. Masih on Monday told the SC that he put 'X' marks on eight 'defaced' ballot papers. The SC said that 'horse-trading' was taking place in Chandigarh, refusing to accept submission that plea on polls be heard on some other day. The SC said that it will eruse ballot papers, entire video recording of votes at 2 pm on Tuesday. It asked the administration to provide security to judicial officer to ensure safety of officer and records.

Chandigarh Mayor election, has to be prosecuted as he was interfering with the election process. The apex court quizzed Anil Masih, returning officer for Chandigarh mayoral polls, and asked why he put 'X' marks on ballot papers. Returning Officer Anil Masih said he put 'X' marks on eight 'defaced' ballot papers.

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Mamata Banerjee has not given a single statement till now. Sheikh Shahjahan is still absconding. The police are not able to trace him.