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Stock market today: The possibility of the BJP returning to power bodes well for the continuation and acceleration of the reform process, say experts

Tags: #Election #BJP

Full story at mint

Rahul Gandhi grows, shaves beard on my advice, claims Assam CM Himanta Biswa Sarma

In an interview with News Nation channel, Assam Chief Minister recalled when he commented on Rahul Gandhi's long beard, during the ‘Bharat Jodo Yatra’ in 2022 by comparing his looks with former Iraqi dictators Saddam Hussein.

Tags: #Minister #Chief #long #2022

Full story at mint

The five big economic challenges before the new government

Irrespective of who wins this polarizing election, there are some big economic realities they will need to take head on.

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Lok Sabha elections 2024: ‘Very hopeful our results will be totally opposite to exit polls,’ says Sonia Gandhi

Sonia Gandhi expresses optimism about election results differing from exit polls, according to PTI.

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RBI pushes asset reconstruction companies to strengthen KYC compliance

RBI’s push is backed by its master circular from 24 April that mandated ARCs to follow these norms as prescribed in its KYC guidelines from 2016..ARCs face increased compliance costs and challenges, particularly with retail bad loans, as they adapt to stricter KYC guidelines.

Full story at mint

Indian advertisers in a fix over budget for ICC T20 World Cup

The IPL is well-established and timed to perfection to Indian summers and the start of the financial year. ICC World Cup is trying to play catch up Post-Covid, said Navin Khemka, chief executive of the media buying group GroupM-backed EssenceMediacom, which represents Google, Adidas, Airtel and Flipkart. He said advertisers' response could be subdued in June .

Tags: #group #Indian #media #financial #start

Full story at Economic Times

Holiday home demand tapers off as rentals fall

Goa is becoming a first-home market with interest from businessmen and startup founders. Luxury second homes are in demand, especially in locations like Porvorim. Coonoor Estates is developing high-end luxury homes for buyers looking to settle down.

Tags: #home

Full story at Economic Times

India-US discussions underway for $3.9 billion MQ-9B drones acquisition

A team from the United States is currently in India engaging in discussions regarding the acquisition of MQ-9B drones by the armed forces. The deal, estimated at $3.9 billion, has not been finalized as talks on technology sharing are still ongoing. Sources reveal that a team from General Atomics is in the capital for negotiations on the purchase of 31 drones, with 15 designated for maritime roles.

Tags: #India #General #team

Full story at Economic Times

Now, a 'Bank Clinic' to guide you on complaints

The Bank Clinic is an initiative by the All India Bank Employees' Association (AIBEA) to help customers address their grievances amid rapid expansion in technology and a series of Reserve Bank of India (RBI) guidelines on retail banking. A customer can fill out the details of her/his complaint, create a ticket, and receive a reply in five working days on the remedies available and information on what the RBI guidelines prescribe on that matter.

Tags: #information #series

Full story at Economic Times

As retail sales growth slow, retailers to cut deep discounts to drive profits

Retailers like Aditya Birla Fashion and Retail, Arvind, and V-Mart are avoiding deep discounts to boost profits. Madura Fashion reduced discounts by 500 basis points in the previous fiscal year to drive profitable growth. Madura Fashion manages brands such as Louis Philippe, Van Heusen, Allen Solly and Peter England

Full story at Economic Times

Ruling SKM leading in 27 assembly seats, CM Tamang ahead by 1,400 votes in Rhenock

Former CM and SDF supremo Pawan Kumar Chamling was trailing behind SKM candidate Raju Basnet by 546 votes in Namcheybung seat.

Tags: #Kumar #votes ,#votes

Full story at ThePrint

'I refuse your partition' — Faiz to Shankha Ghosh, how Bengali poets captured 1947 violence

Many have claimed that not much literature was produced in Bengal during the time compared to Punjab, where Partition literature was a genre in itself.

Full story at ThePrint

India’s six-week mammoth elections end Saturday, Modi in fray in last 57 seats

Other prominent candidates Saturday are Union minister Anurag Thakur, Mamata Banerjee's nephew Abhishek Banerjee, Lalu Prasad's daughter Misa Bharti and actor Kangana Ranaut.

Tags: #Union #actor #Modi #daughter

Full story at ThePrint

Some matters settled, but many squabbles persist — AP-Telangana ties 10 yrs after bifurcation