November 06, 2024 01:37 (IST)
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Union Minister HD Kumaraswamy booked for threatening cop probing into mining case | Supreme Court upholds validity of Uttar Pradesh Madrasa Education Act | Not all private properties are community resources that govt can take over: Supreme Court | Pakistan's Lahore has become world's most polluted city with an AQI of 1900 on Sunday | Indian Army 'successfully completes' patrolling to a key point in Ladakh's Depsang region

Election shortfall of Narendra Modi's BJP leaves Wall Street scrambling

New York/IBNS: A major political setback for Narendra Modi's BJP has business executives in the country furiously making calls, trying to better understand the impact on India’s economy and investment landscape following Modi’s failure to secure a supermajority for his BJP in the lower house of the Parliament.

PM Modi's smaller mandate can slow India's fiscal tightening: Moody's analyst

With Prime Minister Narendra Modi-led National Democratic Alliance getting a smaller mandate in the recently concluded Lok Sabha elections, reforms that could have potentially facilitated aggressive fiscal consolidation might face obstruction, an analyst at Moody's Ratings said on Wednesday.

Sensex, Nifty recover after posting worst day in 4 years as poll verdict anxiety eases

Mumbai/IBNS: Indian benchmark equity indices recovered on Wednesday (June 5) after posting their worst day in over four years in the previous session as Narendra Modi's BJP and its allies (NDA) secured lesser seats in the Lok Sabha election results declared on Tuesday (June 4).

FPIs may cut bearish bets, releasing bulls on D-Street today following BJP’s exit poll surge

Mumbai/IBNS: Traders and experts predict that overseas investors, known as Foreign Portfolio Investors (FPIs), will reduce their negative bets on the stock market on Monday (June 3) after the exit polls released on Saturday (June 2) indicated a strong performance by the Bharatiya Janata Party (BJP) in the national elections, reports said.

Lok Sabha Elections 2024: Mumbai's Phalodi Satta Bazar reveals final predictions after exit poll results

Mumbai: With all eyes trained on the Lok Sabha Election results, illegal betting in grey markets have garnered attention with their survey predictions, especially now when their calculations have fallen in line with those of exit polls, according to media reports.

ED seized Rs 64,920 cr in 1,105 bank fraud cases; assets worth Rs 15,183 cr restituted to banks during NDA regime: Nirmala Sitharaman

New Delhi: The Enforcement Directorate (ED) has seized Rs 64,920 crore related to nearly 1,105 bank fraud cases to date, Finance Minister Nirmala Sitharaman reiterated on May 31 in a series of posts on the social media platform X.

Lok Sabha polls: How share market may react under 3 possible elections outcome

Mumbai/IBNS: The six-week long Lok Sabha elections have reached its final stage with the Election Commission of India (ECI) going to hold the last phase of polls on Saturday (June 1), and the financial markets are eagerly waiting for the national polls' verdic, which is scheduled to be counted on June 4.

BJP's decisive win may send stock market into a strong bull run, says FM Nirmala Sitharaman: Report

New Delhi: Finance Minister Nirmala Sitharaman has stated that a decisive mandate in favour of the BJP-led NDA government on June 4 would send a positive signal to the stock market, and may drive it into a 'solid bull market'.

CLSA predicts BJP victory may fuel rally in 54 'Modi stocks'

Mumbai/IBNS: Hong Kong-headquartered international brokerage firm CLSA said on Wednesday that a landmark third term for the ruling Bharatiya Janata Party (BJP) on June 4 will directly benefit 54 stocks, which include public sector undertakings (PSUs), infrastructure companies and shares of some corporate groups.

Bernstein predicts decline in business sentiment, drastic impact on Infra if Congress-led INDIA bloc forms govt at Centre

New Delhi/IBNS: Bernstein Research, in its latest India Strategy report, said a tally of around 330-350 seats for the Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) government in the ongoing Lok Sabha elections could trigger a short-term rally in stock markets with the benchmark Nifty index breaching the 23,000-mark post-elections.

Jaishankar urges businesses to partner with govt to revive manufacturing for USD 30 trillion economy by 2047

Kolkata: Emphasising the goal of 'Viksit Bharat' (developed India) by 2047, as envisioned by Prime Minister Narendra Modi, External Affairs Minister S Jaishankar on Tuesday urged business associations to partner with the government to ensure the revival of the country's manufacturing sector with the target of surpassing USD 30 trillion GDP.

Centre notifies liberalised norms for FDI in space sector

New Delhi: The government on Wednesday notified changes to the foreign direct investment regulations in the space sector, aiming to attract international investors into satellite manufacturing and satellite launch vehicle sectors.

Govt open to divesting stake in SBI, ONGC: Nirmala Sitharaman

New Delhi: Finance Minister Nirmala Sitharaman on Friday stated that the government is open to the concept of disinvesting equity stakes in prominent Public Sector Undertakings (PSUs), including the likes of State Bank of India (SBI) and Oil and Natural Gas Corp (ONGC).

'India's future vehicles will run on hydrogen and green fuels': Nitin Gadkari

Mumbai/IBNS: Hydrogen is our future fuel and India’s future vehicles will run on hydrogen and green fuels, Union Minister Nitin Gadkari said on Saturday.

PM lays foundation stone of ‘Banas Dairy Sankul’ and other projects in poll bound Uttar Pradesh

Varanasi/IBNS: Prime Minister Narendra Modi Thursday laid the foundation stone of ‘Banas Dairy Sankul’ at the UP State Industrial Development Authority Food Park, Karkhiyaon, Varanasi.