The domestic equity markets are expected to extend gains following the strong showing of the Narendra Modi-led Bharatiya Janata Party (BJP) in the state elections - a crucial precursor to the general elections in May. The BJP decisively secured victories in three of the four key states - Madhya Pradesh, Rajasthan, and Chhattisgarh. While the battles in these three states were closely contested, the scale of the BJP's triumph has surprised many, heightening expectations for regime continuity in 2024 - a positive catalyst for the markets.
Earlier, Modi was given a standing ovation at the meeting following the party's stupendous win in three assembly polls.
The Exit polls for the Lok Sabha 2024 elections were way off the mark this time with the opposition Indian National Developmental Inclusive Alliance (INDIA) bloc whose rout they had predicted touching nearly 230 seats on the counting day with good showing in Rajasthan, Maharashtra, and Uttar Pradesh as per the current trends.
After a marathon polling process to elect the 18th Lok Sabha that lasted for a month and a half, the results were declared on Tuesday.
The poster showed Gandhi with several heads, with the title "Bharat Khatre Mein Hai - A Congress party production. Directed by George Soros".
The Congress alleged that the claims made by the ED against Baghel are part of a "conspiracy" hatched by the BJP to tarnish the Chhattisgarh chief minister's image and asserted that the people of the state would give a befitting reply to such tactics in the upcoming Assembly poll.
'They wanted to prove that the BJP was behind all this, which was not the case. Then Deputy CM Sachin Pilot even said that no one was listening to them even when they wanted to tell their side of the story, so they all got together and reached the party's high command'
Uttar Pradesh and Bihar appear to have got the maximum representation in Prime Minister Narendra Modi's new council of ministers, while assembly poll-bound Maharashtra also found a significant presence.
The BTP, a Congress ally which supported chief minister Ashok Gehlot during the revolt in his party earlier this year, is upset that the ruling party candidates chose BJP over it.
At an election rally in Rajasthan on Tuesday, Gandhi said, "PM means Panauti Modi", insinuating the prime minister's presence at the Ahmedabad stadium during the India-Australia Cricket World Cup final brought bad luck to the home side, which lost the decider.
Congress leader Sonia Gandhi was elected unopposed to Rajya Sabha from Rajasthan on Tuesday, officials said.
Gogamedi, the chief of Rashtriya Rajput Karni Sena, was shot dead in Jaipur on Tuesday by unidentified bike-borne criminals.
'The allegations of government involvement in targeted assassinations abroad are likely to help, not hurt, the ruling party.' 'True or false, they convey a sense of muscularity and, in some quarters, are celebrated as a harbinger of 'great power' status.'
Singh has questioned the reliability of the EVMs on more than one occasion following the Congress' defeat in the recent assembly polls in Madhya Pradesh, Rajasthan and Chhattisgarh.
A dispute over property and the right to succeed the titular head of the Mewar royal family in Udaipur, Rajasthan, has escalated into a major controversy. Vishvaraj Singh Mewar, a BJP MLA and the newly appointed titular head, was denied entry to the city palace and Eklingnathji temple by his uncle Arvind Singh Mewar and his son Lakshyaraj Singh Mewar. The incident sparked violent protests and the district administration has appointed a receiver to manage the controversial portion of the city palace where the 'Dhuni' (sacred fire) is located. This dispute raises questions about the future of the Mewar family's legacy and its historical traditions.
Rajasthan Chief Minister Ashok Gehlot on Friday announced his government's decision to form 19 new districts and three new divisions in the state, earmarking Rs 2,000 crore for development of infrastructure for them.
The poll results show that the BJP has increased its base among the SC, ST communities in the state. However, the party's prominent tribal face and Union minister Faggan Singh Kulaste lost the election.
The Congress has decided to shift its MLAs in Rajasthan to a Udaipur hotel, with party sources saying they fear that the Bharatiya Janata Party will poach them ahead of the June 10 Rajya Sabha elections.
What he has said is shocking and shameful, former Union minister and BJP leader Ravi Shankar Prasad said, noting that the son of Tamil Nadu Chief Minister M K Stalin has repeated his remarks.
Through gestures and decisions, the BJP high command has signalled that Raje may not be the lead actor but rather play a supporting role in a high-stakes election in its stamping ground.
'Don't be surprised if the Census forms come with a caste box.' 'I will be surprised if it doesn't. It will be a point conceded to Rahul Gandhi and his allies,' asserts Shekhar Gupta. The BJP machine could take all 3 in its stride, but this election has changed that, notes Shekhar Gupta.
WC star Azad beats state BJP heavyweight Ghosh from Bardhaman-Durgapur constituency
Not known to share the best of equations with his former deputy, Rajasthan Chief Minister Ashok Gehlot on Wednesday came out in support of Sachin Pilot amid allegations by the Bharatiya Janata Party that his father, former Union minister Rajesh Pilot, was involved in the bombings over Mizoram in 1966.
Celebs and commoners cast their votes in the second phase of the Lok Sabha election on Friday, April 26, 2024
Modi on Sunday suggested that if the Congress came to power, it would redistribute the wealth of people to Muslims and cited former PM Manmohan Singh's remark that the minority community had the first claim on the country's resources.
While the going for Dushyant Singh in Jhalawar is not tough, winning Jalore is a tough battle for Vaibhav Gehlot.
The Congress is now gearing up to take on the BJP over alleged corruption, jobs and issues tied to tribals, farmers and women.
The BJP has often highlighted the global recognition of his leadership and India's enhanced stature at the international level in its political discourse, an issue which is likely to rise in salience following the G20 meeting.
Nadda's visit assumes significance as it came ahead of former chief minister Vasundhara Raje's planned 'dharmik yatra' next week, seen as an attempt to re-assert her influence in the state unit after maintaining a low profile since the BJP's defeat in 2018 assembly polls.
Pilot said "opportunist" people are ruling at the Centre after taking votes on emotions but they have failed the country on all fronts.
Accusing the BJP of working to 'divide India and spread hate and violence', he asserted that a fight of ideologies is going on in India.
Dissident Congress leader Sachin Pilot began a 125-km foot march from Ajmer to Jaipur on Thursday, challenging Chief Minister Ashok Gehlot and the party's top brass as assembly elections in Rajasthan approach.
Among the Sensex firms, ICICI Bank and SBI led the index with the maximum gains of 4.68 per cent and 3.99 per cent, respectively. Other major gainers were Larsen & Toubro, Kotak Mahindra Bank and HDFC Bank. On the other hand, Wipro and Tata Motors defied the trend and traded in negative.
12 of the 20 MPs with the highest winning margins in the 2019 Lok Sabha polls have not been re-nominated by their parties for the 2024 general elections.
Congress candidates Randeep Surjewala, Mukul Wasnik and Pramod Tiwari were elected to the Rajya Sabha, according to a tweet by Rajasthan Chief Minister Ashok Gehlot.
Sources said the new heads of the party in Rajasthan and Andhra Pradesh will be announced soon.
The term of the current 17th Lok Sabha ends on June 16.
Modi can abandon the path of Hindutva only at risk to his position within his own fraternity. But if he pursues a hard line, he faces the risk of being hauled up by his coalition-partners. For the first time in a decade, Modi is not in enviable situation, observes Nilanjan Mukhopadhyay.
'Rahul Gandhi is going to turn 54 and in India political leaders peak when they are around 60.' 'This 'bhai-behen ki jodi' has done a wonderful job for the Congress.' 'Priyanka Gandhi was a very effective campaigner.'
Pilot said the Congress was reduced to 21 seats in the 2013 assembly elections, but the people gave it a mandate in the 2018 elections.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances