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market around the expected margin of victory. It is too early to say but looking at previous elections the patterns look somewhat similar, namely, high expectations in the beginning, some nervousness during and a positive end. At the end of the day the market is still expecting the incumbent government to win and secure policy stability/continuity.

Albert Park said, citing the successful experience of other developed economies. India should also commit to remain an open economy and review import tariffs that may be making inputs costlier for sectors where it has an advantage, Park said on the sidelines of ADB’s annual meeting in Tbilisi last week. Park said that if ADB were to do an economic diagnosis of the country, education would be among the priority areas where it should really improve the quality since becoming a middle-income country means moving up the technology ladder.

Read here: Week Ahead: Inflation data, Q4 Results, FII activity, global cues among key market triggers this week On Friday, the Indian stock market benchmark indices ended higher, but lost over 2% each for the week, with heavy selling seen in broader markets. The Sensex gained 260.30 points, or 0.36%, to close at 72,664.47, while the Nifty 50 settled 97.70 points, or 0.44%, higher at 22,055.20. “Heavy FII selling, and concerns over the outcome of ongoing general elections added to the overall pressure in the markets.

FPIs) pumped $991 million in April, a Mint analysis showed, betting on the revival of Vodafone Idea Ltd, expected tariff hikes and rising phone usage. FPIs jostled for shares in Vodafone Idea's ₹18,000 crore follow-on public offering (FPO), India's largest, also sparking interest in tower company Indus Towers, which stands to gain from the telco's planned rollout of 4G and 5G networks. Bharti Airtel picked up as well, as investors eye long-awaited tariff hikes later this year.

Indegene IPO: The listing date of the initial public offering (IPO) of Indegene Limited has been fixed on 13th May 2024. According to the official BSE website information, Indegene shares will be listed on the BSE and NSE in a special pre-opening session on Monday, 13th May 2024. Meanwhile, ahead of the Indegene share price debut on the Indian bourses, the grey market, an unofficial market where IPO shares are traded before they are officially listed, has gone highly bullish on Indegene IPO.

How RBI is upping the scrutiny on credit cardsIncreased regulation in the Indian fintech sector will significantly benefit the industry by driving away bad actors and enhancing the competitive advantage of those who abide by the rules, said Nigel Morris, managing partner, QED Investors. In an exclusive interview to ET, he said that the recent clampdown by India’s central bank on various segments of new-age financial services was a move in the right direction and that it did not deter investors with vast operating experience such as his firm from betting on Indian fintechs.

Flipkart has begun active discussions to move its domicile back from Singapore to its country of origin, said people aware of the matter. The 17-year-old company is the country’s biggest consumer internet firm with a foreign domicile. The homecoming for India’s best-known technology startup, which is now valued at around $33 billion, could also potentially deliver a handsome tax gain for the Indian government. Flipkart Pvt Ltd is the holding company based in Singapore.

BEIJING — A group of around 1,500 homebuyers in the Chinese city of Tianjin, near Beijing, have yet to see — let alone move into to — the apartments they said they paid for about eight years ago.

Canada Post closed a loophole that people across Nunavut were using to stock their pantries with items shipped for free through Amazon Prime.A can of tomatoes costs $10 in Rankin Inlet, says the 42-year-old mother.But with a slight change to her postal code when purchasing through Amazon, Eecherk could get almost 10 cans sent to the hamlet on the northwestern side of Hudson Bay for the same cost.“Amazon provided the relief that we needed,” she said.Amazon’s paid subscription service provides free delivery for online shopping across Canada except for remote locations, the company said in an email. While customers in Iqaluit qualify for the offer, all other communities in Nunavut are excluded.The vast territory has some of the highest food costs and rates of food insecurity in Canada.

Hindustan Times. The royal couple first arrived at Lightway Academy in Nigeria's Abuja and provided some rare details about their life and two children – Princess Lilibet and Prince Archie. The Duchess even spoke with schoolchildren about mental health and later was part of a panel at a Women in Leadership Nigeria event.

Maha Vikas Aghadi (MVA) allies in Maharashtra, NCP leader Sharad Pawar seems to have managed to field the toughest candidates against BJP. A case in point is Ahmednagar where former Parner MLA Nilesh Lanke is taking on BJP MP Sujay Vikhe Patil. When NCP split last year, Lanke had joined the Ajit Pawar faction. However, in the run up to Lok Sabha polls, Sharad Pawar lured him back into his fold and offered him a Lok Sabha ticket. Sujay is son of state minister and Shirdi MLA Radhakrishna Vikhe Patil who was the opposition leader of Congress in 2019 before joining BJP. The Vikhe Patils are considered pioneers of cooperative movement in the state. Lanke, on the other hand, is known as a 'Covid warrior' who is highly popular in Ahmednagar.

constituency that Ajit Pawar has taken a keen interest in, it is Shirur. This contest is seen as a personal one for Ajit as the Sharad Pawar faction of NCP has repeated its MP Amol Kolhe against Ajit's NCP candidate Shivajirao Adhalrao Patil. Kolhe, an actor famous for the role of Maratha warrior King Shivaji in tele serials, was present at Raj Bhavan when Ajit rebelled and took oath along with 8 NCP MLAs to join hands with BJP government. Kolhe, however, changed sides within two days which was taken as a personal insult by Ajit. The latter has since then publicly vowed to ensure that Kolhe will be defeated. The Ajit faction has given a ticket to Shivajirao Adhalrao Patil, a former three term MP from Shiv Sena, defeated in 2019 by Kolhe.

Restaurants of all formats — from fine dining to casual dining and food aggregator platforms — saw a record number of diners on Mother's Day surpassing the bookings typically seen on New Year's Eve, Valentine's Day and even on regular Sundays,multiple restaurant owners told ET . EazyDiner, a table discovery, reservation, and payment platform that has over 15,000 restaurants listed on it, corroborated the trend. Kapil Chopra, founder, EazyDiner, said the bookings on its platform for May 12 were more than double of what it was last year-which was also a Sunday. The lunch and dinner bookings on the app were up 62% and 198%, respectively, he said, which pulled up the average occupancy across the restaurants to 92%. «Overall, it's an absolutely crazy day. It's 50% higher than New Year's Eve for us. It's a great day for Indians eating out in food and beverage,» Chopra told ET. The maximum growth this year is in Bengaluru, followed by Mumbai and Delhi, he said.

cooling products like air conditioners, refrigerators and fans, besides ice cream and beverages. There is a 20% year-on-year increase in rural job vacancies, according to executives at recruitment services and consumer companies. They estimate 20,000-50,000 new temporary jobs are being created this year thanks to robust summer season demand in rural and semi-urban areas while companies with a large focus on rural businesses are looking to bolster sales and distribution presence in the hinterlands. Riding on strong rural consumption, many companies are increasing hiring on behalf of clients for sales, services, manufacturing and retail roles, said executives at recruitment firms ManpowerGroup, TeamLease Services and Adecco. «Companies that make summer products expect to hire even more temporary workers because it's getting hotter in May and June,» said Alok Kumar, president, Manpower, a subsidiary of ManpowerGroup.

India is in a «great spot» and could realise a growth rate of about 7.6% or more in 2024-25, said Sanjay Nayar, the new president of the Associated Chambers of Commerce and Industry of India (Assocham). However, a lot hinges on the monsoon rains and global inflation, which influences the interest rate regime, he said. The National Statistical Office, in its second advance estimate, pegged the country's 2023-24 growth at 7.6%, which Nayar said was «like hitting the ball out of the park» given the global turmoil. In an interview to ET, Nayar called on the government to maintain its capital expenditure push for some more time to «crowd in» private investment.

Tata Sons chairman N Chandrasekaran will also assume the role of chairman, Tata Electronics, at a time when the Tata group company has earmarked about $14 billion in investments to spearhead its entry into the semiconductor business. Chandrasekaran will take over from Banmali Agrawala who has held the post for the last few years. Chandrasekaran who is already chairman of many key Tata group companies will take charge after requisite regulatory approvals. Agrawala, a key Tata Sons aide, has taken on an advisory role recently in the group. Chandrasekaran's role as chairman is seen as significant as it signals the importance of the semiconductor business to the conglomerate, say insiders.

Prime Minister Narendra Modi said on Sunday that the Congress will not even get seats «equalling Shehzada's (Rahul Gandhi) age». He said that «in a new game, Trinamool goons are threatening women in Sandeshkhali to protect the culprits» and that women were not safe under the Trinamool rule and the whole country was witness to it. Attacking the Congress and Trinamool Congress for 'parivaarvad', votebank politics and appeasement, Modi said, «Congress will not even get seats equalling shehzada's (Rahul Gandhi) age» while Trinamool is fighting in all the seats will not help them to take up the opposition role. «Voting for Congress and Left is a waste of votes,» he said, urging people to vote for BJP as «this election will decide the fate of the country». Modi today addressed in four rallies in Bengal's Barrackpore, Chinsura, Arambagh and Howrah. «The whole country saw what happened in Sandeshkhali. There was torture on women. The court had to intervene. The accused is in CBI custody but the Trinamool is still 'batting' for the culprits,» he said during his fourth rally in Howrah.

Elections for 96 Lok Sabha seats spread across nine states and the Union Territory of Jammu & Kashmir will be held in the fourth phase on Monday. Voting will be held simultaneously in all 175 assembly seats in Andhra Pradesh and 28 assembly seats of Odisha. This phase is crucial for Andhra Pradesh chief minister YS Jagan Mohan Reddy. In 2019, his YSR Congress Party had won 22 out of 25 Lok Sabha seats and registered a thumping victory in the assembly elections. TDP-led NDA is posing a serious challenge to Reddy's popularity this time. It is contesting polls in alliance with BJP and Jana Sena Party. Congress is led by Reddy's sister YS Sharmila.

Imphal West district administration has asked the ailing and people with health issues to shift to safer places after the eruption of a mixture of gas and mud in Langthabal Kunja Awang Leikai area since Saturday. District officials said that the flare-up of a mixture of gas and mud was largely controlled on Sunday but efforts were on to fully end it. District Magistrate Kiran Kumar said that the eruption occurred on the land of Yurembam Manihar as workers were digging to set up a hand pump for domestic use, affecting the environment, including air quality. The situation is currently under inspection by a team of State Disaster Response Force (SDRF) and technical experts to find out the causes, the composition of erupted material, and the consequences of the incident on lives and the environment.

rooftop solar panels, and develop an entrepreneurial ecosystem of vendors for implementing the PM Surya Ghar: Muft Bijli Yojana is a move in the right direction. This initiative holds the potential to significantly increase the adoption of rooftop solar systems among the scheme's target households. However, to fully realise its benefits, GoI needs to address structural issues related to electricity market design and tariff, power purchase contracts, and infrastructure requirements. The promise of 300 units of free electricity for setting up rooftop solar panels is attractive.

smart can end up being smarty pants. As is the case with the Apple commercial introducing the new M4-powered iPad Pro last week.