Election Financial News

Taiwan is holding a presidential election on Saturday that neighboring China has warned could mean the difference between peace and war on the island, which Beijing claims as its territory even though Taiwan has governed itself for nearly three-quarters of a century. The election is believed to be a close race between the candidate of the incumbent party that Beijing has described as independence-minded and the candidate of the main opposition party, which is seen as standing for warmer ties with the mainland.

By Nandita Bose and Trevor Hunnicutt

The Conservative politician who’s trying to take down Justin Trudeau said that if he’s elected, he would link Canada’s immigration levels to the number of homes being built.

Barclays economists now expect the Personal Consumption Expenditures (PCE) inflation of 1.9%, on a seasonally adjusted annual rate, in the second half of 2023. Looking ahead, they foresee it reaching 2.4% year-on-year by the end of 2024.

₹1.84 trillion and ₹1.71 trillion in the previous calendar year . The outlook for equities remains strong, though returns are expected to moderate in 2024 as markets price in a tempering of inflation and likely policy continuity with an expected victory of Bharatiya Janata Party in the upcoming national elections.

Peter Miller doesn’t mince words when describing the dealmaking doldrums that Bay Street has slipped into over the past couple of years. But the head of global equity capital markets at BMO Capital Markets and other investment bankers are cautiously optimistic that the action is about to pick up, and anxious to talk about the reasons why.

BJP made a clean sweep in the elections of North Cachar Hills Autonomous Council elections. In the sixth schedule council BJP won 27 out of the 28 sets while a independent won a seat. BJP won 21 seats in the counting of ballopts on Friday and earlier it has won uncontested in six seats.

Ram Mandir event. The decision led to a major political controversy as the BJP accused Congress of being anti-Hindu. Assam Chief Minister Himanta Biswa Sarma said that they should not have been invited in the first place.

election for the Mayor of London is scheduled for May 2 and the battleground of candidates challenging the incumbent, Sadiq Khan, is gradually expanding with two Indian-origin entrepreneurs in the race as independent candidates. While businessman Tarun Ghulati, 63, had launched his mayoral campaign during a visit to India at the end of last year, property entrepreneur Shyam Batra, 62, is the latest entrant to the contest making up nearly a dozen candidates.

BJP candidate Dorjee Tshering Lepcha won the lone Rajya Sabha seat in Sikkim uncontested, officials said on Friday. Lepcha, who was the only person to file nomination for the election, was declared elected after his papers were scrutinised and found to be in order, they said. Lepcha received the certificate of his election to the Upper House of Parliament from Returning Officer Lalit Kumar Gurung, who is the secretary of the state assembly.

Former Reagan economist Art Laffer discusses inflation, recession concerns and the impact of the election on the economy.

equities are expected to see a lot of volatility. So most equity investors remain anxious about its impact on their investment.

By David Milliken and William Schomberg

saysSujit Bangar, Founder, Taxbuddy.com. In an interview with  MintGenie, Bangar said that the interim Budget may not suggest any changes in tax rates, but major changes in personal taxation may take place. This would be a vote on account.

Investing.com-- Most Asian currencies tread water on Friday, while the dollar saw little strength as traders looked to U.S. interest rate cuts this year despite a stronger inflation reading for December.

Factory workers at Tesla have been told to expect pay raises this year

Beijing's threat to use force to claim the self-governed island of Taiwan isn't just about missiles and warships

parliamentary polls on March 17. Maldivian Democratic Party (MDP), the main opposition which has a majority in the Maldivian parliament, is expected to put up a strong fight in polls, ET has learnt. The elections will test Muizzu's policy, including his approach towards big powers like India and China, according to observers of Maldivian politics.

Lok Sabha Secretariat on Thursday revoked the disqualification of BSP leader Afzal Ansari as a member of the Lower House after the Supreme Court conditionally suspended his conviction in a Gangsters Act case. While suspending his sentence in December last year, the apex court had said that Ansari will not be entitled to participate in House proceedings.

From election planning to expenditure monitoring, electoral roll, IT applications, data management, EVM/VVPAT, SVEEP strategy, media and communication, the conference is focusing on every poll detail. The ECI has also started its field-level poll preparedness reviews with the commission visiting Andhra Pradesh earlier this week. At the New Delhi meet, Chief Election Commissioner (CEC) Rajiv Kumar expressed confidence in the CEOs' readiness to provide the best possible electoral experience to all stakeholders and stressed that the road to the elections is a «journey of duty and resolve.» He also underlined that the thrust of the upcoming elections would be to ensure the best possible experience for the voters. Commending the CEOs of states that recently held polls, the CEC appreciated that a solid set of preparations was in place for 2024 parliamentary elections. CEOs of the states where polls were recently held gave detailed presentations about their experiences, learnings and innovative practices they adopted during the assembly elections.

The rise of China as a world power and powerhouse of innovation despite an authoritarian political system presents a cognitive challenge to the liberal world order helmed by the US. However, the Western model appears to be creaking under the weight of its own imperfections even without the successful counterpoint posed by China. The US adopted an accentuated market-led growth pattern with the Ronald Reagan era of the 1980s.