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India vote count shows Modi alliance heading to majority but no landslide

June 4, 2024
Politics

New Delhi, June 4 (Reuters): Indian Prime Minister Narendra Modi’s alliance was winning a majority of seats about halfway through the count in the general election on Tuesday, but the numbers were well short of the landslide predicted in exit polls, TV channels said. Modi’s own Bharatiya Janata Party (BJP) was falling short of a majority of its own in the 543-member parliament, the trends showed. Having to depend on allies to form the government could introduce some uncertainty in policy-making as Modi has ruled with an authoritative hold in the last decade. The Hindu nationalist BJP won a majority

Congress leader Rahul Gandhi leading from Wayanad, Raebareli Lok Sabha seats

June 4, 2024
Politics

New Delhi [India], June 4 (ANI): Congress leader Rahul Gandhi is leading in the two Lok Sabha seats of Wayanad in Kerala and Raebareli in Uttar Pradesh as per very early leads as counting of votes for the 2024 general elections is underway. Rahul Gandhi is leading from Kerala’s Wayanad Lok Sabha seat with a margin of 8718 votes, according to Election Commission. Rahul Gandhi is facing BJP leader K Surendran and CPI’s Annie Raja in the constituency. Rahul Gandhi is leading from Uttar Pradesh’s Raebareli Lok Sabha seat with a margin of 2126 votes. Thakur Prasad Yadav is contesting

Indian PM Modi’s alliance leads in majority of seats in early counting trends, TV says

June 4, 2024
Politics

NEW DELHI, June 4 (Reuters): Indian Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP)-led alliance raced to a clear majority in the 543-member lower house of parliament in early vote-counting trends on Tuesday, TV channels showed. The channels showed the ruling National Democratic Alliance (NDA) was ahead in more than 300 seats, with BJP alone ahead in 255. The opposition INDIA alliance led by Rahul Gandhi’s Congress party was ahead in 172 seats, with Congress alone ahead in 71. Based on the early trends, the Republic TV channel called the vote in favour of Modi, the first to do so.

CEOs made nearly 200 times what their workers got paid last year

June 3, 2024
General

New York (AP): The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 13% last year, easily surpassing the gains for workers at a time when inflation was putting considerable pressure on Americans’ budgets. The median pay package for CEOs rose to $16.3 million, up 12.6%, according to data analyzed for The Associated Press by Equilar. Meanwhile, wages and benefits netted by private-sector workers rose 4.1% through 2023. At half the companies in this year’s pay survey, it would take the worker at the middle of the company’s pay scale almost 200 years to

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