Election Financial News

The report also noted that the overall expenditure of the government is also expected to surge by 15 per cent. It highlights that despite an increase in populist schemes in the run-up to elections, the central government remains committed to investing in infrastructure development over welfare-driven measures. The report underlined that while populist policies have gained traction, especially in state elections, the central government's spending priorities show a balanced approach.

Canadian Prime Minister Justin Trudeau has flown to Florida to have dinner with President-elect Donald Trump at his Mar-a-Lago club after Trump threatened to impose sweeping tariffs on Canadian products

Jyotiraditya Scindia lashed out at the Opposition for raising doubts about Electronic Voting Machines (EVMs), asserting that those unwilling to acknowledge their shortcomings cannot be helped. He further said that it's become a habit for the opposition to blame someone else for their losses. «It is good if you win but if you lose, you blame it on someone else. How long will this go on? Who can help those who do not want to recognise themselves, those who do not want to see their own shortcomings?» the Union Minister said on Friday. The Union Minister's remarks come amid a row sparked by Congress leader Bhai Jagtap's derogatory comments about the Election Commission of India (ECI) and its use of EVMs. Jagtap refused to apologise for his objectionable «kutta» remark directed at the ECI, accusing it of undermining democracy through «sycophancy.»

Elon Musk has been pivotal in the overall election campaign of Donald Trump in the US Presidential polls, where the billionaire candidate emerged victorious against a tricky opponent, Kamala Harris of the Democratic Party. Right after the epic win by Trump, the President-elect announced that he will be forming a separate federal department which would focus on tackling excess government spends, and plan on curbing them. Trump also said that Tesla CEO Elon Musk and Vivek Ramaswamy will beheading this department, known as the 'DOGE: Department of Government Efficiency'.

Congress Working Committee met here on Friday and adopted a resolution alleging the integrity of the entire electoral process was being severely compromised against which the party would soon launch a movement. In the resolution of the top body of the Congress, the party said free and fair elections is a Constitutional mandate that was being called into «serious question by the partisan functioning of the Election Commission». The CWC, which met amid the ongoing Winter Session of Parliament, said the session has been a washout so far because of the Narendra Modi government's «stubborn refusal» to have an immediate discussion on three pressing national issues — «the recent revelations regarding corruption by a business group, and the violence in Manipur and Uttar Pradesh's Sambhal». Asked why the Congress Working Committee (CWC) resolution does not name the business group, Congress leader Jairam Ramesh said, «The answer is the Adani group».

Addressing party workers in Bhubaneshwar, Odisha, PM Modi accused the Congress of «misleading» the citizens of the country and said that out of anger, the party is busy «plotting» against the country. He urged the party workers to keep an eye on such situations and make people aware to expose their lies.

Mallikarjun Kharge on Friday asserted that «tough decisions» will have to be taken, accountability be fixed and shortcomings removed by learning lessons from the election results. In his address during the Congress Working Committee meeting at the AICC headquarters here, Kharge said he believes that the EVMs have made the electoral process «suspect» and stressed that it is the constitutional responsibility of the Election Commission to ensure free and fair elections in the country. Kharge also hit out at internal bickering in the party, and asserting that the lack of unity and statements against own party leaders harms the party a lot. «Unless we fight elections unitedly and stop making statements against each other, how will we be able to defeat our opponents politically?» the Congress president said.

Supreme Court has strongly criticised the ongoing tendency among bureaucrats to override the authority of elected representatives, particularly women, in grassroots democratic institutions such as panchayats. In a significant ruling, the top court said that administrative officials must actively support and promote women's participation and leadership in governance, rather than suppressing them with a colonial mindset. A bench led by Justices Surya Kant and Ujjal Bhuyan voiced concern over the recurring pattern of bureaucratic interference, where elected women representatives are often subjected to unfair treatment.

Fallon Guliwala (40), the wife of actor-turned-politician Ajaz Khan, over a month after his staff member was apprehended for ordering 100 grams of mephedrone (MDMA) through a courier. Guliwala, a foreign national, was detained following a raid by the agency at her home in Jogeshwari on Wednesday, where various drugs were seized. Her name surfaced in the ongoing drug smuggling investigation, which began on October 8 when the agency arrested Ajaz’s peon, Suraj Gaud. The drugs, meant for delivery to Ajaz's office at B-207, Oberoi Chambers, Veera Desai Industrial Estate in Andheri, were linked to the case. Gaud was charged under the Narcotic Drugs and Psychotropic Substances (NDPS) Act and, during questioning, claimed that although the parcel was addressed to him, it was regularly ordered by Ajaz’s nephew, Farhan. Officials then raided Ajaz Khan's residence in Jogeshwari on Wednesday and Thursday, where the house was registered in the name of Fallon Guliwala. During her interrogation, Guliwala confirmed that Farhan was Ajaz's nephew and the owner of Ek Number Production house. A search of her flat led to the discovery of drugs, including 136 grams of charas, 33 grams of MDMA in empty pouches, 28 grams of MDMA tablets, and other narcotics, as well as cash amounting to Rs 11 lakh. She was subsequently arrested.

Subscribe to enjoy similar stories. Credit investors often talk in euphemisms. The safest bonds, with the highest credit ratings and hence the lowest yields, are almost always referred to as “high-grade" rather than “low-yield".

recent Emerson Polling survey conducted in the month of November revealed that US Vice President Kamala Harris leads among the Democrats with 37% support for the 2028 US Presidential nomination, reported Independent. California Governor Gavin Newsom follows with 7% while Transportation Secretary Pete Buttigieg garners around 4%. According to Independent, among the Republicans, US Vice President- elect JD Vance has 30% support while Florida Governor Ron DeSantis and Vivek Ramaswamy receiving more than 5%. Pollsters did not provide pre-written options; instead respondents filled in their choices which allowed for a broader range of potential candidates, including figures like Rep. Rashida Tlaib and former First Lady Michelle Obama, asserted Independent. Kamala Harris is reportedly contemplating her political future while considering a gubernatorial run in California or another Presidential bid.

Belaganj assembly by-election in Bihar, the JDU has started early preparations for the assembly polls next year. Besides the JDU, the BJP won two seats and Hindustani Awam Morcha retained one seat, making it a clean sweep for the National Democratic Alliance (NDA). All four seats fall in the Magadh-Shahabad belt of Bihar where the NDA had not been able to perform well since the 2020 assembly election. Earlier Janata Dal and since 1990, the RJD had been winning the Belaganj seat. JDU candidate Manorma Devi's victory in the by-election marked the first time in 34 years that a party other than the RJD won the seat. «This victory is significant as we have defeated RJD in their stronghold and have gained ground in Magadh and Shahabad region. The vote transfer among the NDA allies has been smooth and it has solidified in people's minds ahead of the assembly polls,» JDU general secretary and state minister Ashok Choudhary told ET.

Social media users were taken aback by Vice President Kamala Harris' first video address to her supporters following the election on Tuesday. In the video, which was posted by the official X account of the Democratic Party, Harris addressed supporters who were disheartened by the most recent election.

US Vice President Kamala Harris revealed that their internal polling never indicated that she was leading US President- elect Donald Trump during her US Presidential campaign, in spite of public polls suggesting otherwise, reported USA Today. David Plouffe, who is a key campaign adviser, expressed surprise at the discrepancy while stating that their internal data consistently showed Kamala Harris trailing Donald Trump. According to USA Today, David Plouffe noted that while public polls in late September and early October portrayed a competitive race, the campaign was aware of its challenges, specifically after US President Joe Biden dropped out in the month of July. Also Read: Sarah Michelle Gellar hints at legacy sequel for ‘I Know What You Did Last Summer’ | Release date update

Elon Musk's social media platform, X (formerly known as Twitter) is experiencing a significant user exodus as many users are migrating to alternatives like Bluesky and Meta's Threads, reported Futurism. Following the recent US Presidential elections, where Elon Musk's support for US President- elect Donald Trump became more pronounced, an estimated 1.8 million users deactivated their accounts which marked the largest departure since Elon Musk's acquisition in the year 2022. According to Futurism, this mass exit has been fueled by dissatisfaction with the platform's environment, which many users describe as increasingly hostile due to rising hate speech, misinformation and politically charged content. Also Read: Age-defying makeover: Did Lindsay Lohan spend $300,000 on plastic surgery? Fans gush about her new youthful look; here's how she looks now and what doctors are saying

Donald Trump dined on Wednesday with Meta CEO Mark Zuckerberg at the president-elect’s Mar-a-Lago club in Florida

There’s no easy way to bridge the political divides that have created rifts in communities, families and friendships

Dynastic candidates — those with family ties to established political families — were fielded across party lines in the recent Maharashtra assembly elections, with more than 80 per cent of constituencies featuring such contestants. But political connections did not guarantee success as a modest 30 per cent of such candidates won, noted a report compiled by activist and political observer Heramb Kulkarni. Even the Bharatiya Janata Party (BJP), which routinely targets the Opposition over dynastic politics, had over 30 per cent of its contestants with ties to political families. Of the total 288 constituencies, 237 (82 per cent) saw candidates from political families. They included the children, spouses, siblings or other relatives of former and sitting MLAs, MPs and ministers, said the report released on Wednesday. The Nationalist Congress Party (SP) led by veteran Sharad Pawar had the highest proportion of dynastic leaders in its candidate list. Of the 86 candidates it fielded, 39 or 45 per cent were related to established politicians. Of 59 candidates fielded by the rival Ajit Pawar-led NCP, 26 or 44 per cent had 'family connections'. The Congress followed closely with 41.5 per cent such candidates (42 of 101). Of the 149 nominees fielded by the BJP (which contested the highest number of seats among all parties), 49 or 32 per cent were related to political leaders. The two Shiv Sena factions had comparatively less dynastic representation in their lists.

Nationalist Congress Party (NCP) Chief Ajit Pawar on Thursday emphasised the need to expand his party at the national level following its significant success in the Maharashtra Assembly elections. Speaking at the NCP meeting in the national capital, Pawar highlighted the importance of working towards regaining the party's status as a national political force. «Our party was once a national party. To reclaim that status, we need to work harder now. We will fight, and we will achieve success,» he said.

Subscribe to enjoy similar stories. Real wages are growing again as the rise in inflation abates, but remain below their prepandemic levels in many parts of the rich world even as they surge in China and Russia, according to a report released Thursday by the United Nations. In its annual survey of wage developments, the U.N.’s International Labour Organization said wage inequality within countries has fallen since the start of this century, with the decline being most pronounced in poorer countries.

From Toronto-Dominion Bank’s growth restrictions to Donald Trump’s election in the United States to the drastic reduction in immigration numbers in Canada, a lot has changed since the Big Six banks’ last quarterly earnings release in August.