Stock markets rebound, surge over 2% · Market rebounds after worst crash in four years · FMCG, auto stocks lead gains; banks, IT contribute · Gautam Adani, Mukesh Ambani net worths drop after market crash · Gautam Adani’s net worth drops by $24.9 billion to $97.5 billion · Mukesh Ambani’s net worth falls by $9 billion to $106 billion In…
Naveen Patnaik, the incumbent Chief Minister and leader of the Biju Janata Dal (BJD), tendered his resignation to Governor Raghubar Das on Wednesday. · The election results unveiled a startling reality, that the BJD managed to secure 51 seats, it fell significantly short of the required majority of 74. · Had the BJD emerged victorious, he would…
In the post-2024 Lok Sabha polls aftermath, where the BJP-led NDA fell tantalizingly short of an absolute majority, the political arena is charged with anticipation and uncertainty. · The BJP-led NDA clinched 294 seats in the 543-member Parliament, a notable victory yet still 22 seats shy of the requisite 272 for an outright majority. · NDA allies…
The political landscape of Odisha witnessed a seismic shift in the 2024 Assembly elections as the Biju Janata Dal (BJD) confronted its first electoral setback since its inception in 1997. For over two decades, the party, under the leadership of Naveen Patnaik, maintained an aura of invincibility, riding on the popularity garnered from Biju Patnaik’s…
The Bharatiya Janata Party (BJP) has scripted history in Odisha, poised to form the government single-handedly for the first time. · The saffron surge saw the BJP capturing a remarkable 78 Assembly seats alongside a near-sweep in the Lok Sabha elections with 20 out of 21 seats secured. · A defining moment unfolded in Kantabanji as BJP’s…
A tumultuous day shook the Indian equity market as the Sensex plummeted by a staggering 3,690 points, marking one of the most severe downturns in recent history. · The tumultuous turn of events was triggered by early election trends indicating a closely contested battle between the NDA and the opposition INDIA bloc in the Lok Sabha…
In a historic turn of events, Prime Minister Narendra Modi is poised for an unprecedented third term, marking a triumph for the world’s largest democracy. · The BJP’s ambitious aspirations, set at 370 seats with a NDA target exceeding 400, faced a sobering reality check as the electoral map unfolded. · In West Bengal, Mamata Banerjee’s Trinamool…
Andhra Pradesh underwent a monumental change on 2nd June, losing Hyderabad as its capital. · The capital of Telangana now exclusively serves Hyderabad, following the mandates of the Andhra Pradesh Reorganisation Act of 2014. · Hyderabad served as the common capital for both Andhra Pradesh and Telangana for a transitional period not exceeding ten years, starting from…
A Nagpur Court has pronounced life imprisonment for Nishant Agarwal, a former engineer at BrahMos Aerospace, on charges of espionage for Pakistan’s Inter-Services Intelligence (ISI). · The court found Agarwal guilty under sections 3 and 5 of the Official Secrets Act (OSA) and levied a fine of Rs 3000, along with a rigorous imprisonment (RI) term…
In the backdrop of India’s pivotal electoral phase, Prime Minister Narendra Modi unveils a sweeping economic agenda poised to revolutionize the nation’s industrial landscape. With a resounding electoral mandate looming, Modi’s post-election reforms signal a transformative shift towards positioning India as a global manufacturing powerhouse, poised to rival China’s dominance in the sector. This comprehensive…
