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The hurly-burly is done. This year’s battle for India’s Lok Sabha, the world’s largest electoral exercise ever, was a story of vaulting ambition even by the high standards of Prime Minister Narendra Modi. In what seemed like an open dare for his Bharatiya Janata Party (BJP), he set for it the target of a two-thirds majority in Parliament: 370 seats.

TikTok says it has taken steps to stop a cyberattack targeting high-profile accounts, including one belonging to CNN

Boeing will be hoping the third time's a charm on Wednesday as they try once more to launch astronauts aboard a Starliner capsule bound for the International Space Station.

Buy or sell stocks: On account of disappointing Lok Sabha Election results, the Indian stock market witnessed a bloodbath on Tuesday. The Nifty 50 index tumbled to log its worst session in over four years. The 50-stock index crashed 1379 points and finished at 21,884.

Stock market today: Following the sell-off trigger after the disappointing Lok Sabha Election results, the Indian stock market crashed heavily on Tuesday. The Nifty 50 index tumbled to its worst-ever session in over four years. The 50-stock index crashed 1379 points and finished at 21,884.

PSUs) tanked in Tuesday's trading as investors worried about their prospects after the Bharatiya Janata Party failed to secure a thumping majority in the general elections — considered key for further gains in these stocks. Investors are concerned that a weakened BJP-led coalition government's focus on reviving state-owned companies could hit a roadblock in its third term. The BSE's PSU index tumbled 15.7%, its highest single-day losses ever, while the Sensex and Nifty dropped between 5% and 6%. Power financier REC slumped 24%, followed by Power Finance Corporation, Container Corporation of India, Bharat Electronics, BHEL, SAIL which have declined between 18-22%. Most PSU stocks tanked over 10% during the day. The sell-off eroded ₹10.62 lakh crore of PSUs' market capitalisation in a day.

Adani Power, a part of the Adani Group companies, has rallied over 200% in a year and picked up momentum in the run-up to the Lok Sabha election outcome in anticipation of continuity of reforms. «If the current government retains majority, as exit polls suggest, it adds wings to the strong sector outlook,» Jefferies said in a report, adding that power and defence linked capex have the highest visibility.

BENGALURU : The brunt of the slowdown in India’s once highly vaunted edtech sector has fallen on its foot soldiers. As online tutoring startups struggle with falling revenues and reduced investor funding, they are cracking the whip on their salespeople, thrusting on them higher targets and longer hours while saving on incentives. Mint’s conversations with about two dozen sales executives across edtech firms including upGrad, Unacademy and Scaler suggest the situation may be heading from bad to worse, not only for the employees but also for the sector.

NDA allies –– BJP and JDU –– won an equal number of 12 seats in Bihar, JDU is all set to play a very significant role in the formation of the next NDA government at the Centre. The BJP’s failure in achieving the magic figure has placed the JDU in a bargaining position.

inflation has been a thorn in the Reserve Bank of India's (RBI) side for long, but the elections have thrown up a new reason for the central bank to keep rate cuts at bay for the foreseeable future — a potentially new fiscal landscape led by populist spending.

BJP suffered a reversal in northeast, with the party losing two seats in Manipur. Its allies lost in Meghalaya and Nagaland. BJP, along with its allies, had targeted to win 12 seats in Assam and around 23 of the 25 seats across the eight states of the region. However, NDA won only 16 seats this time with BJP winning 13 and its allies three. The Congress tally in Assam remained at three. In Assam, Kripnath Mallah of BJP won from Karimganj, defeating Hafiz Rashid Ahmed Choudhury of Congress. Congress’ Gaurav Gogoi, who changed his constituency after the delimitation exercise, won from Jorhat. His earlier constituency, Koliabor, ceased to exist, and a new constituency was created — Kaziranga — following the delimitation of constituencies. BJP’s ally AGP won the Barpeta seat. In Manipur, seized by ethnic strife for over a year, BJP and its ally Naga People’s Front (NPF) suffered a crushing defeat. In the tribal-dominated seat of Outer Manipur, NPF candidate K Timothy Zimik was trounced by Alfred Kanngam S Arthur of Congress. In Meitei-dominated valley seat of Inner Manipur, JNU professor Angomcha Bimol Akoijam defeated BJP candidate Thounaojam Basantakumar Singh, who is a minister in the state government.

Maharashtra Election Results 2024: After the Maha Vikas Aghadi (MVA) is set to bag 29 of the 48 seats in Maharashtra, former Chief Minister and Shiv Sena (UBT) chief Uddhav Thackeray on Tuesday said the INDIA bloc was formed to end the dictatorship in the country and save the Constitution. The MVA contitues of Congress, Shiv Sena (UBT) and NCP (Sharadchandra Pawar).Addressing a press conference, Thackeray said, “The day our INDIA alliance was formed, we had decided that we want to end the dictatorship in the country and save the Constitution."The Sena UBT chief also informed that the Opposition alliance would decide on its Prime Minister candidate tomorrow (June 5). "All patriots and all people who are harassed by them (BJP) will come with us.

Kharkiv, Ukraine This wasn’t the easiest time to visit Ukraine’s second-largest city. The local power grid and infrastructure were taking serious hits as missiles and glide bombs struck the city from nearby Russian territory. “Double tap" attacks, by which Russians strike a civilian target and wait for first responders to rush to the scene before launching a second strike, were becoming more common.

The typical compensation for CEOs of S&P 500 companies keeps climber higher — and outpacing the wages of average workers today

Mint that the opposition getting substantial votes is also a sign that checks and balances are in place. Sajjan Jindal, chairman of JSW Group, in a statement on today's election results, said, “Very difficult to gauge the mood of public in a vast country like ours. This is amply clear from today’s numbers! What we are witnessing today is something nobody expected and showcases how a democracy of our size functions.""The biggest question on the mind of investors is whether the pace and quality of reform will continue as it has over the past 10 years without the single majority.

Shatrughan Sinha won from the Asansol Lok Sabha seat in West Bengal on Tuesday, the ECI said. The TMC leader defeated his nearest rival S S Ahluwalia of the BJP by a margin of 59,564 votes.

West Bengal Chief Minister Mamata Banerjee on Tuesday said Prime Minister Narendra Modi should immediately resign «accepting the moral defeat» because he campaigned in the Lok Sabha polls claiming that the BJP would win over 400 seats but in reality, it failed to get a majority on its own. Addressing a press conference, Banerjee said she would try to ensure that Modi is out of power from the Centre, and the "INDIA bloc is in".

BJP's vote share suffered a decline this time while the Congress and the Samajwadi party garnered more votes compared to what they did in the 2019 Lok Sabha polls, according to Election Commission data on Tuesday. The BJP, which contested more seats this time than in 2019 but is likely to fall short of the magic figure of 272, garnered 36.91 per cent of the total votes polled, a drop of around 0.39 percentage points as of 6.15 pm.

₹3,600 crore, is setting his sights high with plans to launch a new venture—the Bharat Amritkal Fund, a category III Alternative Investment Fund, requiring a minimum investment of ₹5 crore. With this fund, Khemani, a Portfolio Management Service (PMS) manager, aims to capitalize on India's economic trajectory, betting on sectors expected to undergo substantial growth, including manufacturing, banking, infrastructure, and consumption, as the country targets a $29 trillion GDP by 2047, accounting for an estimated 16% of global GDP. This strategy also reflects Khemani's confidence in an outright victory for the Bharatiya Janata Party (BJP)—a thesis that now looks a little shaky.

Stock market bloodbath: Amid a heavy sell-off on Dalal Street, most Indian indices are trading red with heavy intraday losses. However, the Nifty FMCG index ended up being around one percent higher. FMCG major Britannia share price touched a new lifetime peak of ₹5,414.40 per share on NSE.

Catch Live Updates of Lok Sabha Election Results 2024Most exit polls predicted a massive victory for PM Modi's BJP. Most post-poll surveys forecast 350-370 seats for the NDA and 107-140 seats for the Opposition's INDIA bloc.Will NDA achieve its target of winning record 400 seats in the 2024 Lok Sabha polls?Axis My India predicted that the NDA might be able to achieve their goal of ‘400 paar’, creating a record for the number of seats won by an alliance in the Lok Sabha ever.Axis My India exit poll predicted 322-340 seats for the BJP – up from 303 seats it won in the 2019 Lok Sabha Elections – and 39-61 seats for its allies.