Page 15 - Lok Sabha Elections

Govt bonds still a 'buy' for foreign investors despite PM Modi's narrow win

Foreign investors have piled on bonds this year and remained on the buying side on Tuesday, despite the unexpected election outcome hitting stocks

No discussion within INDIA bloc so far on reaching out to TDP, JDU: Pawar

NCP(SP) chief Sharad Pawar on Wednesday said there has been no discussion within the INDIA bloc yet on reaching out to the TDP or JD(U) to shore up the numbers of the alliance for government formation. His remarks came ahead of the meeting of INDIA bloc leaders at Congress president Mallikarjun Kharge's residence this evening to deliberate on the Lok Sabha poll results and whether to bring on board the Janata Dal (United) (JD-U) and Telugu Desam Party (TDP) to cobble up a government. Prime Minister Narendra Modi is poised to form the government for a third consecutive term with the BJP-led NDA getting a majority in the Lok Sabha, notwithstanding crushing losses in three Hindi heartland states after a bitterly fought election that was projected as a referendum on his popularity. While speaking on the Lok Sabha poll outcome, the 83-year-old Pawar told reporters here that besides the resentment against the functioning of the Modi government, the voters were also unhappy about handling

From obscurity to a 'kingmaker': Tracing Chandrababu Naidu's politics

The failure of BJP to secure a majority and TDP's strong performance in Andhra Pradesh, has positioned Naidu as a crucial kingmaker in the formation of the next government

Election results 2024: Rahul Gandhi bravest of all, says Priyanka

Rahul Gandhi never backed down and never stopped fighting for the truth, Congress leader Priyanka Gandhi said of her brother on Wednesday, a day after the party's good showing in the Lok Sabha polls. In a heartfelt message for her brother on X, Congress leader Priyanka Gandhi Vadra said, "You kept standing, no matter what they said and did to you, you never backed down whatever the odds, never stopped believing however much they doubted your conviction, you never stopped fighting for the truth despite the overwhelming propaganda of lies they spread, and you never allowed anger and hatred to overcome you, even when they gifted it to you every day." "You fought with love, truth and kindness in your heart. Those who could not see you, see you now, but some of us have always seen and known you to be the bravest of all," she said of the former Congress president. "Bhai @RahulGandhi, I am proud to be your sister," Priyanka Gandhi said. The Congress, part of the opposition INDIA alliance,

Naveen Patnaik resigns as CM day after BJP wins Odisha Assembly elections

Naveen Patnaik's resignation comes after his party, BJD, managed to secure only about 50 seats, falling significantly short of the majority mark of 74 seats in the 147-member Assembly

Chandrababu, Nitish to decide if they want to ally with autocrat, says Raut

Shiv Sena (UBT) leader Sanjay Raut on Wednesday said TDP chief Chandrababu Naidu and JDU's Nitish Kumar, whose support is key to the formation of the next government, have to decide whether they want to join hands with an autocrat, a remark apparently aimed at the BJP leadership. Talking to reporters, Raut said his party will not oppose if Congress leader Rahul Gandhi decides to lead the INDIA bloc government and be the prime ministerial face. The INDIA bloc leaders will meet in New Delhi on Wednesday to discuss the further course of action.Raut also said PM Modi should accept that he has faced moral defeat as his party did not get a majority to form the government and that the Modi brand is now finished. "Chandrababu and Nitish Kumar have to decide whether they want to go with an autocrat and work in a democratic system. I don't think they will go with an autocrat," Raut said. "Modi ji is not forming a government for the third time," he claimed. As per the Lok Sabha elections ...

Watch: Nitish, Tejashwi head to Delhi on same flight for NDA, INDIA meets

After the surprising 2024 Lok Sabha elections result on June 4, JDU has said that the party will remain in the NDA, dismissing any speculation of a switch to the INDIA bloc

Weak majority for BJP poses challenges to reform agenda, says Fitch

The BJP losing its outright majority and relying on allies to form a government could pose challenges for the more ambitious elements of reform agenda like land and labour, Fitch Ratings said in a note on Wednesday. Prime Minister Narendra Modi-led BJP lost its majority for the first time since 2014, winning 240 seats in the 543-seat Lok Sabha. It plans to form a government with smaller parties in his National Democratic Alliance, which won another 52 seats, giving the alliance a 292-seat majority. "It appears the BJP-led NDA is likely to form the next government, returning Prime Minister Modi for a third term, but with a weakened majority that could pose challenges for the more ambitious elements of the government's reform agenda," Fitch said. As the BJP fell short of an outright majority and will need to rely more heavily on its coalition partners, "passing contentious reforms could prove more difficult, particularly around land and labour, which have recently been flagged as ...

Election results 2024: Muslims failed to understand BSP, says Mayawati

After scoring a zilch in the Lok Sabha polls, Bahujan Samaj Party president Mayawati on Wednesday said that despite the party gave it a "proper representation" in elections, the Muslim community is not able to understand the BSP. Going forward, the party will give the community an electoral opportunity only after a lot of thought, she said. The BSP had failed to open its account in the 2014 Lok Sabha elections as well. It, however, bagged 10 seats in the 2019 one, which it had fought in alliance with the Samajwadi Party. Mayawati in a statement said that her party will do a "deep analysis" of the trouncing and will take whatever steps that are necessary in the interest of the party. She expressed her gratitude to the Dalit community, especially the Jatavs, for supporting the party, but also expressed her displeasure towards the Muslims. "The Muslim community, which is an important part of the Bahujan Samaj Party, is not able to understand the BSP properly despite being given prope

'Modi premium' in financial markets set to erode post weak victory

India's stock market weathered its heaviest selling since the onset of the pandemic as the votes were tallied

Election results: Akhilesh hails UP voters for victory of INDIA bloc, PDA

SP chief Akhilesh Yadav on Wednesday said the success of the INDIA bloc in Uttar Pradesh is the victory of the backward classes, Dalits and minorities, and attributed it to the PDA strategy and efforts put in by the alliance. The former Uttar Pradesh chief minister, who fought the elections on the plank of PDA (Pichada, Dalit and Alpasankhyak) unity, said voters have proved that no force and deceit is more powerful than people's power. "Dear intelligent voters of Uttar Pradesh, the victory of India bloc in the state is also the victory of the Dalit-Bahujan trust which, along with backward, minority, tribal, 'half population' (women) and all neglected, exploited, oppressed, backwards among the upper castes, has fought shoulder to shoulder to save the Constitution that gives the right to equality, respect, self-respect, dignified life and reservation," he said on X. The INDIA bloc has won 43 out of 80 seats in Uttar Pradesh, with the SP securing 37 seats and Congress six. "This is th

BSE FMCG index surges 5%, hits record high; Emami, HUL, Dabur jump over 7%

Analysts expect some populist measures to address rural stress and lift sentiments at the margin, given the nature of the Lok Sabha polls verdict.

Difficult to gauge public mood in vast country like India: JSW chairman

Billionaire Sanjay Jindal on Tuesday said it is "very difficult" to gauge public mood in a vast country like India. "Very difficult to gauge the mood of public in a vast country like ours. This is amply clear from today's numbers!" the chairman of the JSW Group wrote on social media platform X. "What we are witnessing today is something nobody expected and showcases how a democracy of our size functions," he added. Industrialists seemed to be a bit more circumspect while commenting on the election results which showed the ruling BJP falling short of a clear majority and depend on partners' support to form the new government. Harsh Goenka, chairman of RPG Enterprises, while referring to the election results pointed out that the illegal betting market had predicted the outcome better than the more sophisticated exit polls. "Satta bazaar far more accurate than pollsters using data analytics, AI, scientific research. Moral: believe in people who put their money behind their prediction

Lok Sabha elections 2024: Party-wise result status of total seats won

Lok Sabha elections 2024 result: The BJP and its allies are ahead on 295 seats while the Congress-led INDIA coalition is leading on 231 seats, 3 pm data showed

Lok Sabha elections 2024: Which candidates won by the lowest margins?

Lok Sabha elections 2024 results: The BJP-led NDA is returning to power for a third term at the Centre as it surpassed the majority mark of 272 and won 292 seats

PM Narendra Modi just learned that hype can only carry you so far

Small-town India has not seen the sort of revolution in infrastructure that cities of equivalent size in China or Southeast Asia have enjoyed over recent decades, writes Mihir Sharma

Lok Sabha elections 2024: Constituency-wise winners list for Uttar Pradesh

Lok Sabha polls 2024 result: The Congress won six seats while the Samajwadi Party won 37 seats by itself, marking a phenomenal return for the both the INDIA bloc parties

Rahul Gandhi sweeps Wayanad, Raebareli, Congress wins 99 Lok Sabha seats

Rahul Gandhi's decision to contest from Raebareli aims to uphold his party's long standing influence in this constituency, historically dominated by Congress

Lok Sabha polls: Ex-CMs Channi, Akhilesh win; Baghel, Digvijay face defeat

Lok Sabha elections 2024 result: Manohar Lal Khattar, Charanjit Singh Channi, Akhilesh Yadav, Basavaraj Bommai are some of the former chief ministers contesting the ongoing Lok Sabha elections 2024

Lok Sabha elections 2024: Which candidates won by the biggest margins?

Five candidates, including four from the BJP and one from Congress, broke all previous records for the highest victory margin in a Lok Sabha election