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Ex-IAS officer calls for ED probe into June 4 Stock Market crash

June 6, 2024
General
Ex-IAS officer calls for ED probe into June 4 Stock Market crash

This was further aggravated by the recent stock market crash on June 4 and has sparked off a lot of debate and hence there is a call by the enforcement directorate for investigation. The most prominent figure demanding a special investigation has been the former IAS officer Dr. Rajesh Sharma who has been demanding that a detailed investigation should be carried out so as to establish what led to the market to crash within a short span. Explaining the factors for the June 4 stock market crash This paper will examine the occurrence of stock market crash that happened in

BJP loses majority: How it’s impacts Modi’s economic reforms

June 5, 2024
General
BJP loses majority: How it’s impacts Modi’s economic reforms

There have been discussions around the world recently over the new turn in electoral politics in India with reference to how the BJP has lost its absolute majority in the Lok Sabha. This shift in political situation is very important for economic and fiscal changes initiated by Prime Minister Narendra Modi for which concern from the side of leading global rating agencies is expressed. BJP and Coalition Formation It must however be noted that the BJP won 240 parliamentary seats in the just concluded 2019 Lok Sabha polls but failed to achieve a clear majority. Therefore, the party plans to

Modi set to take oath for the third time on June 8 as allies pledge support

June 5, 2024
Politics
Modi set to take oath for the third time on June 8 as allies pledge support

HYDERABAD/NEW DELHI, June 5 (Reuters): Indian Prime Minister Narendra Modi’s National Democratic Alliance formally named him on Wednesday to lead a new coalition government for a third straight term, a day after it regained power with a surprisingly slim majority. Modi, a populist who has dominated Indian politics since 2014, will for the first time head a government dependent on the support of regional allies whose loyalties have wavered over time, which could complicate the new cabinet’s reform agenda. A day after the humbling election outcome for his Bharatiya Janata Party (BJP) became clear, Modi submitted his resignation to President

Naidu’s resurgence from arrest to electoral triumph in Andhra Pradesh

June 4, 2024
General
Naidu’s resurgence from arrest to electoral triumph in Andhra Pradesh

Three years ago, Nara Chandrababu Naidu stormed out of the state assembly in anger, vowing to return only as the chief minister. On Tuesday, he appeared poised to make good on that promise, leading his Telugu Desam Party (TDP) to a resounding victory in the Andhra Pradesh assembly elections. According to recent figures, Naidu’s TDP was ahead in 135 out of 175 assembly seats. This marks a significant political comeback for Naidu, who was arrested months earlier in connection with an alleged corruption case. The outgoing assembly had just 23 TDP members. In the concurrent Lok Sabha elections, the TDP

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