POLITICAL STRATEGIST
JGB yields rise as global politics add to pressure from yen
Japanese bond yields surged on expectations of tighter Bank of Japan policy amid a weak yen. Global concerns over French and U.S. elections drove yields higher. Mizuho Securities forecasts continued increase in bond yields with uncertainty surrounding BOJ's tightening plans and potential rate hike at the July meeting.
Yen falls after BOJ decision; euro stutters towards weekly loss
The yen fell after the Bank of Japan kept rates unchanged and announced plans to reduce bond buying. Meanwhile, the euro faced political turmoil and a weekly loss.
Companies cautious on short-term hiring, but overall outlook stays upbeat
Employers in India are showing caution in short-term hiring for the July-September quarter, with a net employment outlook of 30%, six percentage points lower than the current quarter and the same period last year. While 48% of employers plan to hire more people, 18% expect a decrease in hiring or have no plans to hire. The most optimistic sectors are finance and real estate, healthcare and life sciences, and IT, while communication services and transport, logistics, and automotive are less optimistic.
Asia shares stumble; political uncertainty grips euro
Asian stocks fell as traders reduced bets for Fed rate cuts due to a tight US labor market. A snap election in France raised political concerns, impacting the euro. MSCI's Asia-Pacific shares index also dropped.
Amit Shah - an astute politician and master strategist
Amit Shah, a senior BJP leader known for his political acumen, played a crucial role in the party's growth, crossing 300 seats in the 2019 Lok Sabha election.
"We are ready to eat humble pie": Prashant Kishor reflects on misjudged 2024 LS election forecast
Election strategist Prashant Kishor acknowledged mistakes in his 2024 Lok Sabha election predictions, admitting the BJP won fewer seats than anticipated. Kishor, who forecasted the BJP would secure around 300 seats, saw the party win 240 seats. Despite the inaccuracies, he highlighted the BJP's continued stronghold in Indian politics and announced he would avoid future numerical predictions. Kishor also noted that rural distress and unemployment remain significant issues.
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Amit Shah: BJP's key strategist who rose to become one of the most influential figures in Indian politics
Amit Shah's strategic acumen and BJP's electoral outcomes, including the need for NDA allies, were key in the Lok Sabha polls. His influence on party growth and governance has been significant.
Pema Khandu: Music and sports lover who brought BJP to power in bordering Arunachal
Pema Khandu, a sports enthusiast and music enthusiast, has become a prominent leader in Arunachal Pradesh, particularly after a 2016 constitutional crisis that led to president's rule. Khandu was a strategist who brought the Bharatiya Janata Party (BJP) to power for the first time in the northeastern state bordering China. He joined the Congress in 2000 and held various positions before winning a by-election uncontested from his father's constituency Mukto.
FPIs take out Rs 25,586 cr from equities in May on poll jitters, attractive valuations in China
GDP growth numbers released on Friday painted a very optimistic picture. Q4FY24 GDP growth came in at 7.8 per cent surpassing the 6.7 per cent expectation, while the full-year FY24 growth stood at 8.2 per cent
"Useless talk...,": Prashant Kishor calls out 'fake journalists', social media experts post exit poll results
Prashant Kishor posted on X, "Next time when there is talk of elections and politics, do not waste your valuable time on useless talks and analysis of idle fake journalists, loudmouth politicians and self-proclaimed experts of social media."
FIIs follow 'sell in May and go away' mantra ahead of election results with Rs 25,600 crore sell-off
In May, foreign institutional investors (FIIs) sold Indian stocks worth Rs 25,600 crore, aligning with the 'Sell in May and go away' adage. Increased net shorts in index futures, outperformance of Chinese stocks, and concerns about high valuations contributed to the sell-off.
Sometimes U.S. and U.K. politics seem in lockstep. Not this year.
British Prime Minister Rishi Sunak has called an early general election for the UK, announcing that he does not expect Britain's economic news to improve between now and the fall. The election is expected to be held on July 4, as the US political calendar has not played a significant role in the outcome.
Prashant Kishor responds to row over Karan Thapar interview, says keep plenty of water handy on June 4th
Political strategist Prashant Kishor responded to a viral interview by emphasizing the importance of staying hydrated, stating, "Drinking water is good as it keeps both mind and body hydrated." The interview with veteran journalist Karan Thapar saw Kishor denying predictions attributed to him about Congress' defeat. The exchange has sparked widespread discussion on social media.
Why Prashant Kishor and Karan Thapar are trending on social media
A viral video shows journalist Karan Thapar confronting political strategist Prashant Kishor with past tweets predicting Congress's defeat in Himachal Pradesh and Telangana. Kishor denied these predictions, appearing upset. Despite the tension, Kishor forecasted BJP winning 300 seats in the 2024 Lok Sabha elections and offered advice to Rahul Gandhi. The video sparked widespread social media reactions.
Prashant Kishor's election result forecast: 'Boring' for politics but big for stock market traders
Lok Sabha Election 2024: With the fifth phase of the Lok Sabha elections over, poll strategist Prashant Kishor maintains his prediction that the Modi-led BJP will likely secure the same or slightly better numbers than their current 303 MPs. He commended the BJP for shifting the election discourse to winning 370 seats. Kishor noted that while failing to meet this target might disappoint the stock market.
Saudi King Salman’s health, Iran President Raisi’s death spur succession bets
The death of Iranian President Ebrahim Raisi has not significantly altered the regime's trajectory, with little hope for political reform or reduced hostility towards the US and its allies, according to Western officials. The focus has shifted to succession planning, especially given the aging Supreme Leader Ayatollah Ali Khamenei. However, Iran's detente with Saudi Arabia is expected to continue, as is its support for regional proxies. In Saudi Arabia, Crown Prince Mohammed bin Salman's ascension to the throne is expected to maintain continuity in oil policy and regional relations.
FPIs aggressively selling India stocks, offloaded over Rs 28,000 crore with 10 days to go in May
The selling spree in Indian stock markets by foreign portfolio investors (FPIs) turned aggressive in May, partly attributable to a strong US dollar, sticky inflation particularly in the food segment, and poll outcome-related anxieties.
Wall Street Week Ahead: Stock market's record-setting rebound may have further to go
Fresh signs of a cooling economy calmed inflation worries in May, helping all three major U.S. stock indexes rise to records this week. The benchmark S&P 500, which fell over 4% in April, is now up 11% year-to-date.
Priyanka Gandhi fronts Congress campaign and is backroom strategist too in Amethi, Rae Bareli
Priyanka Gandhi Vadra takes on an active role in Congress campaign for Rahul Gandhi and Kishori Lal Sharma in Rae Bareli and Amethi, blending personal anecdotes with political strategy. She navigates familial ties, local issues, and national politics, aiming to counter BJP's challenge. Amidst diverse opinions, her influence looms large.
FPIs withdraw Rs 17,000 crore from equities in May so far on political uncertainty
This was way higher than a net withdrawal of Rs 8,700 crore in the entire April on concerns over a tweak in India's tax treaty with Mauritius and a sustained rise in US bond yields
The YouTube Election: Social media emerges as key player in Indian polls
Dahiya can see people’s enthusiasm reflected in the sudden surge in subscribers over the past month, along with better likes-to-views ratio and a higher number of comments on videos even when the content is critical and not celebratory.
VK Pandian: Why is Naveen Patnaik's right hand man under fire from PM Modi and Rahul Gandhi
VK Pandian, a former IAS officer hailing from Tamil Nadu, has emerged as a central figure within the BJD party. His rapid ascent and perceived alignment with CM Naveen Patnaik have drawn both attention and criticism from opposition leaders, sparking debates about Odia identity and leadership in the state. As Pandian assumes a key role in the party's campaign machinery, his influence and potential succession to Naveen's legacy are under intense scrutiny.
From backroom boys to consultants: Poll strategists turn campaign makers in India's political war rooms
As Indian elections evolve, strategists play pivotal roles, leveraging technology, data, and targeted messaging for winning campaigns. Prashant Kishor's influence, from 'Chai pe charcha' to grassroots organizing, signifies this shift. Political consulting grows, with experts aiding parties in digital outreach, data analysis, and strategy formulation. Elections witness a blend of tradition and innovation, shaping the future of Indian politics.
Poll power play: What enables Jats to wield outsize political influence in western UP?
Jats decide the fate of as many as 10 seats in the region. Their financial clout is a big factor in swaying poll outcomes. That's why political parties leave no stone unturned while trying to woo western UP's Jats.
The Gandhi dynasty, trailing Modi, battles for political survival this election
Over two dozen opposition parties, including Congress, formed the anti-BJP "INDIA" coalition last year but the bloc has been riven by bickering and defections by important members. Major regional parties such as West Bengal's Trinamool Congress (TMC) and the Bahujan Samaj Party (BSP) in Uttar Pradesh have declined to contest the election with Congress and are running candidates against both BJP and the Gandhis' party.
Don't comment on consultants' remarks: Congress on Prashant Kishor's statement
Congress avoided responding to poll strategist Prashant Kishor's criticism of the grand old party. Kishor suggested structural issues under Rahul Gandhi's leadership and further recommended that Waynad MP should step back if election results won't come good for Congress. When asked about Kishor's remarks, Congress spokesperson Supriya Shrinate said, "I do not answer on remarks by consultants. Talk about political people, what is there to answer on consultants?"
Mitch McConnell, the longest-serving Senate leader in American history, to step down as Republican leader
Mitch McConnell, the powerful US political tactician who has advanced conservative causes for years and been a strong defender of aid to Ukraine, announced abruptly Wednesday that he would leave his post as leader of the Republicans in the Senate later this year. - Ukraine aid - A consummate backroom negotiator with a thick, rumbling southern drawl, McConnell also emerged as one of the most outspoken advocates of US military aid to Ukraine after the Russian invasion.
Prasanth Kishor's meeting with Chandrababu Naidu ahead of Andhra elections fuels speculations
Election strategist Prasanth Kishor met TDP chief N Chandrababu Naidu here on Saturday. However, it was not clear what the agenda was, and it raised eyebrows among political circles in Andhra Pradesh. Kishor, TDP general secretary Lokesh and three more persons landed at Gannavaram Airport near Vijayawada around 3 pm today in a private jet.
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