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Rise of D K Shivakumar — from student leader to Chief Minister of Karnataka

Bengaluru, June 3 (PTI) From a student activist in Kanakapura in Bengaluru South district to becoming Karnataka’s 25th Chief Minister, D K Shivakumar’s four-decade-long journey is marked by turbulence, triumphs and unflinching loyalty to the Congress party. From the dusty lanes of Dodda Alahalli village, the 64-year-old leader survived electoral setbacks, imprisonment and endured a protracted struggle to reach the top post, he had long coveted. The diehard Congressman had spent years building his image as an efficient organiser capable of delivering victories and protecting the party during its most difficult moments. After the Congress swept the 2023 Assembly elections

D K Shivakumar takes oath as Karnataka Chief Minister

Bengaluru, Jun 3 (PTI) State Congress President D K Shivakumar took oath as the Chief Minister of Karnataka on Wednesday. He was administered the oath of office and secrecy by Governor Thaawarchand Gehlot at Lok Bhavan here. Shivakumar took the oath in the name of revered seer “Gangadhar Ajja”, while holding a copy of the Constitution. Thirteen ministers, including a Deputy CM will take the oath along with Shivakumar. Shivakumar, a 64-year-old Vokkaliga strongman, was elected leader of the Congress Legislature Party in Karnataka on May 30, following Siddaramaiah’s resignation as CM on May 28. Shivakumar had served as Deputy

Gold drops Rs 1,850 amid weak global cues; silver declines Rs 1,500

New Delhi, Jun 3 (PTI) Gold prices declined by Rs 1,850 to Rs 1.59 lakh per 10 grams in the national capital on Wednesday amid weakness in global markets and uncertainty over the US-Iran ceasefire agreement. According to the All India Sarafa Association, the yellow metal of 99.9 per cent purity depreciated by Rs 1,850, or 1.14 per cent, to Rs 1,59,600 per 10 grams (inclusive of all taxes) from Tuesday’s closing level of Rs 1,61,450 per 10 grams. Silver prices also slumped by Rs 1,500, or 0.55 per cent, to Rs 2,69,500 per kilogram (inclusive of all taxes). The

Stock markets decline after a day’s breather; Sensex drops over 300 points dragged by IT firms, spike in oil prices

Mumbai, Jun 3 (PTI) Benchmark indices Sensex and Nifty closed lower on Wednesday after a day’s breather, dragged by heavy selling in IT stocks, a fresh spike in crude oil prices and persistent foreign fund outflows. The 30-share BSE Sensex dropped 303.67 points, or 0.41 per cent, to settle at 74,346.17. During the day, it tanked 1,157.24 points, or 1.55 per cent, to 73,492.60. The 50-share NSE Nifty declined 77.95 points, or 0.33 per cent to end at 23,405.60. Benchmark indices had snapped a four-day falling streak to close nearly half a per cent higher in the previous session on

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