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India’s cash withdrawals surge 12% in first half of April; sustained trend may impact liquidity, economists say

MUMBAI, May 5 (Reuters) – Currency in circulation in India surged by over 610 billion rupees ($6.40 billion) in the first 15 days of April, pushing the total to a ​record 42.3 trillion rupees, and a sustained pattern could impact liquidity, economists said. The ‌spike, up 11.8% on-year and the highest since early 2017 after demonetisation, extends a rise in cash demand seen over the past six months and through the last financial year, central bank data showed. Currency ​demand had been “somewhat subdued” relative to GDP growth in recent years, setting the ​stage for a sharper rebound, helped by

Delimitation key factor for NDA’s landslide win in Assam

Guwahati, May 5 (PTI) The delimitation of constituencies to reduce the impact of minority candidates in their earlier strongholds is one among the many factors that led to the NDA’s stupendous performance in the Assam polls, securing a record win of 102 seats in the 126-member assembly. The 2023 delimitation exercise, which redrew and realigned constituencies with some earlier Muslim-majority seats getting reserved for indigenous communities, played a significant role in the increase of seats for the BJP and its allies in the just-concluded assembly polls. The minority votebank played a key role, particularly for the Congress and AIUDF, in

Vijay’s TVK wins an impressive 108 seats in Tamil Nadu polls

Chennai, May 5 (PTI) Vijay-led TVK secured an impressive 108 seats trouncing the incumbent DMK led by M K Stalin which finished with only 59 seats in the Tamil Nadu Assembly elections held on April 23, as per the final tally of the ECI on Tuesday. The opposition AIADMK won 47 seats while its allies the PMK obtained 4 and the BJP and AMMK clinched one seat each respectively in the election, according to the data available on the Election commission of India’s website. The DMK’s allies – the Congress managed to win 5 seats, the IUML, CPI, CPI (M),

Modi’s party wins control of Bengal, Film star-turned-politician scores breakthrough win in Tamil Nadu

NEW DELHI, May 5, 2026 (AP) — Indian Prime Minister Narendra Modi’s ruling Hindu nationalist party has wrested control of the opposition stronghold of West Bengal in a key state election. The Election Commission of India released partial results Monday showing the Bharatiya Janata Party won at least 124 seats in the 294-member West Bengal assembly and was leading in 83 others. Modi’s party has never governed West Bengal and had tried for years to dislodge the All India Trinamool Congress government led by state Chief Minister Mamata Banerjee. She is one of Modi’s most prominent critics and has held

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