Prime Minister Narendra Modi’s national governing party is poised to win an important regional election in India’s capital, where voters had rejected Mr. Modi’s Hindu-first platform for nearly three decades even as it expanded its footprint elsewhere across the vast country. By early afternoon on Saturday, the counting of most of the votes in elections … Read more
Delhi heads to the polls on February 5, with results due on February 8. As elections approach, the Congress party and Bharatiya Janata Party still need to distribute tickets for 32 and 41 seats, respectively. Meanwhile, the Aam Aadmi Party has declared candidates for all 70 seats. This election’s outcome depends significantly on the Mahila, … Read more
Yusuf Khan looked distraught as he recalled the night of September 11. Khan, who is in his 30s, said that he and his brother had flung themselves across the entrance of Sadhana Textiles to prevent more than 100 masked men from causing damage. “But the mob simply shoved us aside. They removed petrol from my … Read more
Telangana Chief Minister A. Revanth Reddy remarked that there is every chance of Bharat Rashtra Samithi (BRS) merger with Bharatiya Janata Party (BJP). File | Photo Credit: NAGARA GOPAL Telangana Chief Minister A. Revanth Reddy on Friday reiterated his remarks that there is every chance of the Bharat Rashtra Samiti (BRS) merging with Bharatiya Janata … Read more
A smaller-than-expected poll victory for Prime Minister Narendra Modi is leading to worries among bond investors about greater populism. Fiscal discipline has been a hallmark of Modi’s decade-long administration, and many investors were expecting him to win a supermajority to reduce the budget deficit and further cut government borrowing in the next budget. The election … Read more
Broader markets catalysed the market fall on Tuesday with medium, small and microcap indices treading in deep red around 12:15 pm. The Nifty Midcap 100 index fell by over 7% or 3,700 points around this time to hit the day’s low of 49,623.10. This comes after a meteoric Monday rise after most exit polls gave … Read more
D-Street fear index India VIX fell 22% to the day’s low of 19.12 on Monday after a screaming call by exit polls suggesting the return of the incumbent Bharatiya Janata Party (BJP) led NDA government. At 1:20 pm India Vix stood at 20.21, down by 17.85% from 24.60 on Friday. According to the average of … Read more
Prime Minister Narendra Modi during a roadshow for Lok Sabha polls, in Ayodhya. File photo | Photo Credit: ANI The campaign for Uttar Pradesh, politically the most critical state, which elects 80 MPs to the lower house of parliament, saw the major political parties pitching their campaign agendas across the State in intense campaigning. The … Read more
Indian stocks need Prime Minister Narendra Modi’s party to win more than 303 seats in the general election to extend their record rally, according to a Bloomberg News survey of market participants. A smaller majority for the ruling Bharatiya Janata Party may lead to a drop of about 2% in the NSE Nifty 50 Index, … Read more
After five years of steadfast leadership under Mr. P.V. Narasimha Rao, India witnessed some one of its the most unstable years politically, between 1996 and 1999. The cause for this was largely the two consecutive United Front governments and the short-lived Vajpayee government. The United Front (UF) experiment between 1996 and 1998 was a non-Congress, … Read more