Election Financial News

By James Oliphant

US job growth surged unexpectedly in December, government data showed Friday, wrapping up a solid year for the labor market even as voters remain gloomy about the economy ahead of November's presidential election. The world's biggest economy added 216,000 jobs in the final month of 2023 despite expectations of a slowdown from the prior month, according to Department of Labor data.

Union Budget 2024-25: Four income tax benefits you could expect from Finance Minister Nirmala Sitharaman. Details here The target will be between 5.2% to 5.4% of gross domestic product for the year starting April 1, according to officials with knowledge of the matter, who asked not to be named as the deliberations are private. A final decision will be taken closer to the budget presentation, due Feb.

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Sanjay Singh and ND Gupta, were renominated for the second term in the Upper House of Parliament. The nominations were announced by the AAP's Political Affairs Committee (PAC), chaired by AAP national convener and Delhi Chief Minister Arvind Kejriwal. ALSO READ | Delhi Rape Case: Protesting Swati Maliwal spends night at hospital after cops denied her to meet victim "DCW chairperson Swati Maliwal has been nominated for the first time.

Rahul Gandhi , AICC general secretary (Organisation) K C Venugopal in attendance. The Congress leader met members of the party’s five-member national alliance committee, and hinted at the willingness to contest from lesser number of seats than it did during the 2019 Lok Sabha Elections, Indian Express reported. According to the report, amid much anticipation about seat-sharing by opposition INDIA bloc parties, the Congress has asked members to begin seat-sharing talks with other parties immediately.

Stock Trader's Almanac analysts noted today that despite last year's significant rally in the stock market, the anticipated Santa Claus Rally has failed to materialize this year.

least developed country. Bangladesh’s GDP in 2023 is estimated to have grown at 6%, as per a World Bank report. There are several other compelling factors to why India would be keenly watching the results of the 7 January poll in the country it helped gain independence from Pakistan in 1971.

Aam Admi Party has re-nominated senior leader Sanjay Singh as a Member of the Rajya Sabha as his present term is set to end on January 27, 2024, ANI reported. To facilitate this, an application has been sent to Delhi's Rouse Avenue Court seeking permission to acquire Singh's signature, while under custody, on an ‘undertaking’ required to get a ‘No Dues Certificate’ for his re-nomination, it added. The appeal also notes that Singh's terms as MP will end on January 27, 2024, and that the Returning Officer has already issued a notice dated January 2, to ensure processes are complete.

Lok Sabha Election 2024 is due in April-May this year. From new tax regime to changes in rebates, let's take a quick look at six top income tax announcements made by Finance Minister Nirmala Sitharaman while presenting the Union Budget 2023 The rebate limit in the new tax regime has been increased to ₹7 lakh, meaning that persons in the new tax regime with income up to ₹7 lakh will not have to pay any tax.

Union Budget 2024: Gita is your average software professional with a keen interest in following the daily trends of Indian economy to understand its impact – be it in the rise in prices of fruits or that of the stock market. She tends to connect the trends with RBI rates or FDI announcements. With upcoming year-end holidays, she is all geared up to appreciate the changes impacting her salary and plan for her new home in the next financial year.

Arvind Kejriwal launched a scathing attack on the BJP, accusing them of keeping Manish Sisodia imprisoned for 11 months through «false cases» and «dictatorship.» Kejriwal highlighted their long-standing friendship stating, «This friendship is very old. Our affection and trust are very strong.

Demat account additions is also being seen. In December, the total new Demat account openings touched a new high of 42 lakh, taking the number of total Demat accounts to 13.93 crore. The addition of 42 lakh new accounts in December is 50% higher than what was seen in the month of November when 28 lakh. The number of new Demat account openings is directly proportional to the surge in stock prices.

PTI, headed by Chief Election Commissioner Rajiv Kumar, along with Election Commissioners Anup Chandra Pandey and Arun Goel, the Commission will be in Andhra Pradesh and Tamil Nadu from January 7 to 10. Also Read: 2024 Lok Sabha polls: PM Modi's 3rd straight term 'almost an inevitability', declares column in UK daily Ahead of the visit, deputy election commissioners are scheduled to provide a briefing to the full commission regarding the preparations in the two states on January 6. The deputy election commissioners have undertaken visits to nearly all states to supervise the arrangements for the upcoming Lok Sabha elections.

AAP MP Sanjay Singh, arrested in a money laundering case related to the alleged Delhi excise scam, to sign forms and documents for his Rajya Sabha renomination. Special Judge M K Nagpal passed the order on an application filed by the politician, who submitted that his present term as a member of the Rajya Sabha is expiring on January 27 and the Returning Officer has issued a notice on January 2 for conduct of the election and nominations for the same are to be submitted by January 9.

Congress renames upcoming march, to embark on Bharat Jodo Nyay Yatra from Jan 14 Ajmal said that earlier Rahul Gandhi travelled 50% of the country during 'Bharat Jodo Yatra'. 'But what they got the results in the election, did they get the expected results?' asked Ajmal. On ED's notice to Arvind Kejriwal, Ajmal said, "PM Modi will put Jharkhand's Hemant Soren and Kejriwal behind bars".

Election Commission (EC) will start reviewing preparedness of states for the Lok Sabha elections with a visit to Andhra Pradesh and Tamil Nadu next week. The Commission led by Chief Election Commissioner Rajiv Kumar and comprising Election Commissioners Anup Chandra Pandey and Arun Goel will be in Andhra Pradesh and Tamil Nadu between January 7 and 10.

Varun Saboo, Head-Equities, Anand Rathi Shares, says “rural economy has been doing fine. We have been of the view that the rural economy has continued doing well. It is just that the pricing growth was very strong. Prices of most products have literally doubled in the last three years. All these consumer companies – be it FMCG, be it discretionary names, be it auto companies – have seen a huge inflation. We have seen products going up around 70-80% to about 100%.” What are the return expectations considering this is going to be an eventful year, first half India elections and then second half US? Varun Saboo: If we speak about elections it is better to speak about the India side, at least the results which we saw of the state elections which went by it is kind of getting into a consensus where there is a belief that there will be a strong majority again by the current government coming in. There is a lot of euphoria around it. And that is reflected in our markets.

Telugu Desam Party (TDP) national president N. Chandrababu Naidu has said that he is committed to taking steps needed for the financial and political empowerment of the Backward Classes (BCs) after his party comes to power in the upcoming general elections, while predicting a humiliating defeat for the ruling YSR Congress Party (YSRCP). The campaign aims to raise awareness among the Backward Classes (BCs) about the injustices they have faced during the Yuvajana Sramika Rythu Congress Party (YSRCP) regime. During the launch, Naidu stated that the TDP has initiated a historic programme for the Backward Classes, who have been deceived by the YS Jagan Mohan Reddy government.

By Daniel Wiessner

Alphabet’s Google, which owns YouTube, has consistently denied being their boss, even after NLRB officials last year deemed it a “joint employer" of the workers – a company with enough control over them to be liable for their treatment and obligated to negotiate with them if they unionize. A Google spokesperson said the company plans to appeal the ruling in federal court.