Page 175 - Bjp

Coalition, weak mandate may hinder passing ambitious reforms: Fitch

As the NDA is all set to form the government, Fitch Ratings on Thursday said coalition politics and a weakened mandate could make it challenging to pass legislations on ambitious reforms. "We believe major reforms to land and labour laws will remain on the new government's agenda as it seeks to enhance India's manufacturing sector, but these have long been contentious and the NDA's weaker mandate will complicate their passage further. This could reduce the potential upside to India's medium-term growth prospects," Fitch said in a statement. The BJP fell short of a single-party majority in the 543-seat lower house of parliament for the first time since its latest period in government that began in 2014. But Fitch expects it to secure enough support from allied parties in the National Democratic Alliance (NDA) to form a government with Narendra Modi remaining Prime Minister. The outcome should support broad policy continuity, with the government continuing to prioritise infrastructur

BJP's Thrissur win, vote share rise mark Kerala political shift: Analysts

The BJP's sterling performance in Kerala, winning from Thrissur and increasing its vote share in many constituencies in the 2024 Lok Sabha polls, clearly indicates a shift in the political landscape of the southern state, say noted political analysts. Besides actor-politician Suresh Gopi winning from Thrissur, the BJP-led NDA saw its vote share rise from over 15 per cent in 2019 to nearly 20 per cent now. Analysts indicate that Kerala's political landscape is evolving from a traditionally bipolar contest dominated by Congress-led UDF and CPI(M)-led LDF to a tripolar scenario. This shift, which has been gradually happening since the 2011 Assembly elections, is now becoming more evident. The 2024 Parliamentary elections in Kerala confirm this shift, as NDA made major inroads into the electorate in Kerala, garnering nearly 20 per cent vote share in many constituencies they contested in, they said. According to them, constituencies like Thrissur, which NDA won, and the increased vote

Amit Shah, other BJP leaders meet at Nadda's residence; discuss portfolios

Senior BJP leaders, including Union ministers Amit Shah and Rajnath Singh, held deliberations on Thursday as the ruling National Democratic Alliance set in motion its government formation efforts under the leadership of Prime Minister Narendra Modi. They met at BJP president J P Nadda's residence in what is seen as part of the party's exercise to reach out to allies over issues like their share of ministerial berths and pick the probables from within their party for the coalition government. The NDA MPs are expected to meet on Friday to formally elect Modi as their leader, with the new government likely to be sworn in over the weekend. Preparing to take oath for a third straight term as the head of a coalition government, Modi had on Wednesday chaired a meeting of the ruling alliance's members who unanimously elected him as its leader. Leaders of the BJP's ally Janata Dal (United) also held deliberations with party president and Bihar Chief Minister Nitish Kumar. Though the region

LS polls 2024: Candidates from 41 parties elected, up from 36 in 2019

The 2024 Lok Sabha elections witnessed an increase in political parties' participation, with candidates from 41 parties being elected, compared to 36 in the 2019 general election. According to an analysis by the think-tank PRS, national parties secured 346 seats, accounting for 64 per cent of the total, while the state-recognised parties won 179 seats, representing 33 per cent. Unrecognised parties clinched 11 seats, and independents won seven. According to an analysis by the poll rights body Association for Democratic Reforms, there has been a 104 per cent rise in the number of political parties from 2009 to 2024. In 2024, a total of 751 parties participated, compared to 677 in 2019, 464 in 2014, and 368 in 2009. The ADR and National Election Watch conducted a comprehensive review of the self-sworn affidavits of 8,337 candidates contesting the just concluded elections. The candidate pool comprises 1,333 from national parties, 532 from state parties, 2,580 from registered unrecog

Indian bond yields dip as focus moves to US after weaker mandate for Modi

Focus has shifted to US bond yields and oil prices, with the market digesting Prime Minister Narendra Modi's smaller victory margin for a third term.

Modi's swearing-in on June 8: Which global leaders are attending?

Bangladesh's PM Sheikh Hasina and Sri Lankan President Ranil Wickremesinghe are among foreign dignitaries attending Modi's third consecutive term swearing-in ceremony

Modi's swearing-in: Top leaders of neighbouring countries to be invited

India is likely to invite leaders of a number of its neighbouring countries, including Sri Lanka and Bangladesh, to the swearing-in ceremony of Prime Minister Narendra Modi over the weekend, people familiar with the matter said on Wednesday. Modi is all set to take charge as the prime minister for a historic third consecutive term with the Bharatiya Janata Party-led National Democratic Alliance (NDA) winning 293 seats in the Lok Sabha polls. The people cited above said top leaders of Bangladesh, Sri Lanka, Bhutan, Nepal and Mauritius are likely to be among the foreign leaders to be invited for Modi's oath-taking ceremony. The media division of Sri Lankan President Ranil Wickremesinghe's office said Modi invited him to the swearing-in ceremony. It said Wickremesinghe accepted the invite. It said Wickremesinghe congratulated Modi on the electoral victory in a phone call. "During the conversation, Prime Minister @narendramodi invited President Wickremesinghe to his swearing-in ceremo

BJP gets a boost as NDA partners rally behind Modi ahead of govt formation

A resolution passed at the meeting said the NDA government will continue working to lift people's living standards for the country's all-round development while conserving its heritage

News updates: Will work together, definitely keep promises made to people, says Cong chief Kharge

Lok Sabha Election Results News: TDP and JD(U) have pledged their allegiance to the NDA. With 28 seats between them, the parties hold sway over the BJP-led NDA.

We will take action to meet public's wish of not being ruled by BJP: Kharge

INDIA bloc partners will take appropriate steps at the appropriate time to realise the people's desire not to be ruled by the BJP government, Congress president Mallikarjun Kharge said on Wednesday following the opposition alliance's first meeting after the Lok Sabha poll results. Addressing the media after the nearly two-hour meeting which was seen as the alliance keeping its options open and not staking claim at government formation for now, he said the opposition leaders resolved to continue their fight against the "fascist rule" of the BJP led by Narendra Modi even as they thanked the people for their overwhelming support to the INDIA bloc. "We will take appropriate steps at the appropriate time to realise people's desire not to be ruled by the BJP's government," Kharge said while reading out a statement adopted by all the alliance constituents after the deliberations at his residence. He said the decision has been taken by all constituents of the INDIA bloc in one voice. The .

This is how foreign media reacted to India's 2024 Lok Sabha poll results

Election results 2024: Most foreign press noted that Narendra Modi's third term will be riddled with challenges as the party has failed to cross the majority mark single-handedly

From Smriti Irani to Arjun Munda, Modi ministers who lost 2024 LS polls

Lok Sabha elections 2024 results: Smriti Irani lost to Congress candidate Kishori Lal Sharma by a margin of 167,196 votes in Uttar Pradesh's Amethi

World leaders congratulate Modi ahead of third term as Prime Minister

Over 50 world leaders have congratulated Prime Minister Narendra Modi as he is set to take oath this week for a third straight term at the top office following the National Democratic Alliance's victory in the Lok Sabha polls. From India's neighbourhood and extended neighbourhood, presidents of Sri Lanka, the Maldives, Iran, Seychelles and prime ministers of Nepal, Bangladesh, Bhutan, Myanmar, Mauritius have sent congratulatory greetings to Modi. In a post on X, Singapore's Prime Minister Lawrence Wong described the victory of the NDA alliance as "historic" and said he was looking forward to working with his Indian counterpart to celebrate the 60th anniversary of diplomatic ties between the two nations next year. "Congratulations @narendramodi on the historic victory by the NDA for the third consecutive term. Look forward to working with you to deepen the Singapore-India partnership and to celebrate the 60th anniversary of diplomatic ties next year," Wong said on X. Among G20 ...

Sensex jumps 2,300 pts, Nifty above 22,600: Why markets rallied on June 5?

The recovery came after the ruling Bhartiya Janata Party (BJP) looked firm in securing support from its allies to form a coalition government

Netanyahu congratulates PM Modi, hopes Indo-Israel ties reach 'new heights'

Israeli Prime Minister Benjamin Netanyahu congratulated his counterpart Narendra Modi on his party's victory in India's general election, expressing hopes that Indo-Israel ties surge to "new heights". According to the results for all Lok Sabha constituencies, the Bharatiya Janata Party (BJP) won 240 of the 543 seats and the Congress 99. The BJP-led National Democratic Alliance has comfortably crossed the majority mark of 272 in the 543-member Lok Sabha. "I extend my warmest congratulations to Prime Minister Narendra Modi on being reelected for a third consecutive term. May the friendship between India and Israel continue to surge towards new heights. Badhaai Ho !", Netanyahu tweeted on social media platform X. Modi was the first Indian Prime Minister to visit Israel since the two countries established diplomatic ties in 1992. He visited Israel in July 2017 in a much-publicised standalone visit, seen by many as de-hyphenating India's ties in the region till then seen in the context

Stock Market Highlights, June 5: Sensex soars 2,303 pts, Nifty tops 22,600 on Modi 3.0 hopes

Stock Market Highlights on June 5, 2024: The broader markets outperformed the benchmarks with the BSE MidCap, and SmallCap indices rising 4 per cent and 2.9 per cent, respectively

LS election results: Vote shares of both BJP, Congress increase in Assam

The vote shares of both the BJP and Congress have increased by over one per cent in the Lok Sabha elections in Assam, according to EC statistics. The vote share of the saffron party, which bagged nine of the 14 Lok Sabha seats in the state, increased by 1.02 per cent from 36.41 per cent in 2019 to 37.43 per cent in 2024, while that of Congress, which secured three constituencies, rose by 1.69 per cent from 35.79 per cent in the previous elections to 37.48 per cent this time. The overall vote share of the NDA, which won 11 seats in Assam, however, registered a marginal dip of 0.45 per cent. The vote share of NDA ally Asom Gana Parishad (AGP), which managed to win a Lok Sabha seat after 10 years, declined to 6.46 per cent in 2024 from 8.31 per cent in 2019. The NDA's other constituent in Assam, the United People's Party Liberal (UPPL), opened its account in the Lok Sabha by winning Kokrajhar seat, garnering 2.43 per cent vote share in the state. The AIUDF suffered the biggest loss w

Highlights: Never faced political pressure, says Chief Justice DY Chandrachud at Oxford

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China congratulates PM Modi, NDA on their victory in general elections

China on Wednesday congratulated Prime Minister Narendra Modi on the victory of the BJP-led NDA coalition in the general elections and said it stands ready to work with India bearing in mind the overall interests of bilateral ties. The Election Commission of India has declared results for all Lok Sabha constituencies, with the Bharatiya Janata Party (BJP) winning 240 of the 543 seats and the Congress 99. The BJP-led NDA is comfortably above the majority mark of 272 in the 543-member Lok Sabha, the BJP has fallen short of the magic number for the first time since 2014. "We noted the results of India's general election and extend congratulations on the victory of BJP led by Prime Minister Narendra Modi and NDA," Chinese Foreign Ministry spokesperson Mao Ning said. A sound and stable India relationship is conducive to the interests of both the countries and conducive to the peace and development in the region and beyond, she told a media briefing here answering questions on the outcom

Modi 3.0: Moody's anticipates steady policies but sees reform delays

The BJP-led National Democratic Alliance's (NDA) slim majority in Lok Sabha may delay more far-reaching economic and fiscal reforms that could impede progress on fiscal consolidation, Moody's Ratings said on Wednesday. NDA securing a majority in the general elections will give a historic third term for Narendra Modi as Prime Minister of India. "We expect policy continuity, especially with regards to budgetary emphasis on infrastructure spending and boosting domestic manufacturing, to support robust economic growth. "However, the NDA's relatively slim margin of victory, as well as the BJP's loss of its outright majority in parliament, may delay more far-reaching economic and fiscal reforms that could impede progress on fiscal consolidation," Moody's said in a note. India's fiscal outcomes will remain weaker than Baa-rated peers, even as the final budget for the fiscal year ending March 2025 (fiscal 2024-25) to be released in the next few weeks provides some indications of India's ..