NATIONAL ELECTIONS
UK general election: Cost of living could trump pride in Rishi Sunak for British Indian voters
The UK's general election will test Rishi Sunak's leadership amid a cost-of-living crisis and fatigue with the Conservative Party after 14 years in power. Polls suggest Labour could secure a "supermajority," reflecting a desire for change. Despite Sunak's achievements, voters are focused on broader issues like the cost of living and healthcare. Sunak's future hinges on the election outcome, with potential implications for the Tory party.
Britain's Labour on track for landslide victory, exit poll suggests, amid anger with Conservatives
The poll released moments after voting closed indicated that center-left Labour's leader Keir Starmer will be the country's next prime minister. He will face a jaded electorate impatient for change against a gloomy backdrop of economic malaise, mounting distrust in institutions and a fraying social fabric. As thousands of electoral staff tallied millions of ballot papers at counting centers across the country, the Conservatives absorbed the shock of a historic defeat that would leave the depleted party in disarray and likely spark a contest to replace Prime Minister Rishi Sunak as leader.
Britain's Labour Party has won enough seats to have a majority in the UK Parliament
Starmer will face a jaded electorate impatient for change against a gloomy backdrop of economic malaise, mounting distrust in institutions and a fraying social fabric. "Tonight people here and around the country have spoken, and they're ready for change," Starmer told supporters in his constituency in north London, as the official count showed he'd won his seat. "You have voted. It is now time for us to deliver."
Dollar on the defensive after soft data, little relief for yen
Currency markets react to global economic trends, with sterling potentially shifting leadership from Rishi Sunak to Keir Starmer in the UK.
US Presidential Election 2024: Michelle Obama ahead of Trump in a survey; will she represent the Democrats in the upcoming election?
A survey has found that former First Lady Michelle Obama has greater support than Donald Trump. As the Democrats are seeking to replace Joe Biden, will she receive an official presidential nomination? She has said that she is not interested in electoral politics and has extended her support to Biden. However, she has also expressed her concerns regarding Trump’s return to the White House.
Congress biggest opponent of Constitution: PM Modi's scathing attack in Rajya Sabha
Prime Minister Narendra Modi, in a speech to the Rajya Sabha, accused the Congress party of being the "biggest opponent of the Constitution" and criticized it for running a "fake narrative" to mislead the public. He referenced the 1977 elections, fought to protect the Constitution following the Emergency, to counter the opposition's claims about the 2024 elections.
- Go To Page 1
VP Kamala Harris top choice to replace Biden in election race if he steps aside: Sources
Vice President Kamala Harris is seen as the top alternative if President Joe Biden decides not to seek reelection, according to senior sources within the Biden campaign, White House, and Democratic National Committee. Despite concerns over Biden's recent debate performance and calls for his aides to resign, Harris remains the leading candidate due to her name recognition, polling strength, and support within the party.
European shares rise after Powell's dovish comments; focus on elections
European shares rose on Wednesday as investors welcomed dovish comments from Federal Reserve Chair Jerome Powell and looked ahead to the second round of the French vote and a national election in the UK.
55% of the Democrats in favor of Joe Biden’s continuation, Trump secures a 2% lead over Biden in the latest national survey
A survey has found that Biden still has the support of the Democrats after the first US Presidential Debate. Trump has a slight edge over Biden with 45% of the respondents reposing their faith in his capabilities to lead the nation.
Who are the main players in the UK's upcoming national election?
Prime Minister Rishi Sunak's Conservatives are widely expected to lose to the main opposition party, the left-of-center Labour, after 14 years in power under five different prime ministers. The Conservatives and Labour traditionally dominate British politics under the U.K.'s "first past the post" electoral system, which makes it difficult for smaller parties to win representation in Parliament.
Asian stocks fluctuate as traders weigh Trump win
Asian stocks fluctuated amid US election uncertainty. Markets in Japan, Australia, and South Korea remained stable. Yields on 10-year Treasuries held steady. Wall Street edged higher with tech megacaps leading the rally. The Democratic National Committee considers early Biden nomination. Supreme Court ruling on Trump's immunity affects the election. Fiscal deficit policies are investors' focus.
French voters propel far-right National Rally to strong lead in first-round legislative elections
The far-right National Rally surged ahead in France’s first round of legislative elections, projected to win about one-third of the national vote. This poses a significant challenge to centrist President Emmanuel Macron. If the National Rally secures a parliamentary majority in the second round, it could form France's first far-right government since World War II. The party's leader, Marine Le Pen, urged voters to help her party achieve a legislative majority, potentially leading to a power-sharing arrangement with Macron.
Security concerns rise over Paris Pride ahead of elections
As France heads to the polls on Sunday for the first round of a snap parliamentary election that could bring the far-right to power, there has been an increase in discriminatory acts that could target events organized by the LGBTQIA+ community, Interior Minister Gerald Darmanin's letter said.
5 world market themes for the week ahead
Euro 2024 excitement rises with political shifts in Britain and France. M&A activity surges amidst economic uncertainties. Emerging Asia grapples with inflation as central banks navigate rate decisions. Labour's potential win in Britain poses fiscal challenges. The market awaits U.S. job data impact on Federal Reserve's rate policy.
JDU national executive to discuss current political situation
JDU is holding its national executive meeting in New Delhi following the Lok Sabha election results. The meeting comes amid a demand from a section of the BJP in Bihar for the party to field its chief ministerial candidate in the next assembly elections. JDU and BJP leaders have dismissed claims of mistrust between the two parties.
Is it too late for Rishi Sunak to revive the fortunes of the Conservatives in the UK elections?
A top political guru has opined that it is too late for Prime Minister Rishi Sunak to revive the fortunes of the conservatives in the coming elections. UK will vote on July 4 to select its new PM. He has highlighted the mistakes committed by Sunak and his party which may lead to their downfall in the upcoming elections.
Sensex zooms over 800 pts, Nifty above 22,850 as Modi magic helps calm D-Street
For the second consecutive day on Thursday, Indian benchmark equity indices, Nifty50 and Sensex, commenced trading on a higher note. Banking stocks led the upswing as Narendra Modi is poised to secure a third term in power, with two crucial allies pledging their support to establish a new government.
India VIX cools off 30% to sub-20 levels as market gets back lost ground
India VIX fell below 20 on Wednesday amidst election outcome favoring NDA with a comfortable majority. Modi 2.0 government held its last cabinet meeting amid positive market sentiments.
Sensex surges 2,400 pts, Nifty tops 22,600 after posting worst day in four years as poll verdict anxiety eases
Nifty50 and Sensex rebounded after worst day in 4 years following narrow win for PM Modi's alliance, raising policy continuity concerns.
Sensex tanks 4,389 pts, its worst fall in 4 years
India's stock benchmarks plummeted on Tuesday after the Bharatiya Janata Party's weaker-than-anticipated performance in the general elections sparked risk-off sentiment. The market fell following inaccurate exit poll numbers, with the BSE Sensex slumping by 5.74%.
SBI, GAIL among 10 stocks that crashed up to 25% on election results day
Indian shares fell sharply on Tuesday as early vote-counting trends showed Prime Minister Narendra Modi's Bharatiya Janata Party-led alliance was likely to win a majority, but the extent of the victory was unclear as its lead was narrower than predicted. Following these trends, several stocks crashed by up to 25%. Here's the list:
Real nation-breaking issue: Water crisis
This AAP-BJP skirmish over water, in the heat of election season, is the last thing suffering citizens deserve. It's yet another reflection of priorities of the political as well as voting classes, as amply reflected in the long Lok Sabha campaign.
If exit polls hold true, these stocks are set to surge under Modi 3.0
Modi stocks are companies or sectors that have benefited directly from government policies and initiatives under PM Narendra Modi, making them attractive to investors looking to capitalize on government-driven growth. CLSA has identified 54 such companies, perceived as direct beneficiaries, half of which are PSUs.
Indian stocks tend to reward investors post polls, history shows
Indian stocks turn volatile ahead of election results, but historical data shows little impact on long-term investors. S&P BSE Sensex Index has gained post-elections with a median return of over 11% in the last five elections.
Sensex declines 200 pts, Nifty below 22,650 amid election jitters
Benchmark indices traded lower on Thursday as investors awaited the outcome of national elections. Tata Steel shares fell 2.5% post Q4 show. Tata Steel, Power Grid, JSW Steel among top losers.
Shock election results, tax tweak may trigger equity correction on Dalal Street: Chris Wood, Jefferies
Christopher Wood of Jefferies warns of a potential market correction triggered by national elections and changes in capital gains tax. BJP's expected return to power in the upcoming elections may impact market stability.
Load More
