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Mumbai: Indian stock markets rallied on Monday after the <keyword id="20032950" type="General" weightage="20" keywordseo="BJP-led-government" source="keywords">BJP-led government</keyword> secured a majority in the latest state elections in Maharashtra. The <keyword id="20641216" type="General" weightage="100" keywordseo="Nifty-50" source="keywords">Nifty 50</keyword> index gained more than 1.45 per cent or 346.30 points to open at 24,253.55 points, while the BSE <keyword id="19896382" type="General" weightage="20" keywordseo="Sensex" source="keywords">Sensex</keyword> index surged 1,076 points or 1.36 percent to open at 80,193.47 points. Experts noted that the election results have an impact on the markets today, and if past trends are followed, the markets may witness some rally amid the return of the BJP in the Maharashtra state elections. <keyword id="20161891" type="General" weightage="20" keywordseo="Ajay-Bagga" source="keywords">Ajay Bagga</keyword> Banking and Market Expert stated that "The just concluded elections in Maharashtra, the results of which were declared on November 23rd, will have a positive immediate impact on the stock markets. The landslide win for the BJP lead coalition in the Maharashtra state elections could lead to a short-term boost to the Indian stock markets which have been in a declining mode" He further added "Investors will interpret this mandate as favourable for the capex and infrastructure push that is ongoing in Maharashtra. The beneficiary sectors of this election are industrials, infrastructure, manufacturing, real estate and financials". In the sectoral indices on the National Stock Exchange, <keyword id="20065014" type="General" weightage="20" keywordseo="Nifty-Realty" source="keywords">Nifty Realty</keyword> and <keyword id="19941314" type="General" weightage="20" keywordseo="Nifty-PSU-Bank" source="keywords">Nifty PSU Bank</keyword> rallied with a surge of more than 2 percent, while other major indices also gained more than 1.5 per cent, including Nifty Metal, Nifty Media, and Nifty Oil &amp; Gas. In the Nifty 50 list, 49 stocks gained during the opening session, while only one stock declined. Shri Finance opened as the top gainer in the Nifty 50. The shares of the AdGroup also surged around 2 percent at the time of filing this report. <keyword id="19967296" type="General" weightage="20" keywordseo="Adani-Green" source="keywords">Adani Green</keyword> also climbed around 4 percent. "We are most likely to break the falling 20-day average that lies at 24,030, which will be the first time that'd happen since the record high of 27th September. Seasonality trends between now and the end of the year have been historically positive, with the Nifty rising 80% of the time during this period with an average return of over 4 per cent" Akshay Chinchalkar, Head of Research, Axis Securities. In other Asian markets, Japan and South Korea indices rallied. The Nikkei 225 index surged more than 1.5 percent, South Korea's Kospi also rose by 1.5 percent, Taiwan's Weighted Index was up by 0.48 percent, while Hong Kong's Hang Seng index was down marginally by 0.14 percent at the time of filing this report.

Nifty, Sensex rallied around 1.5 % after Maharashtra election results, Experts noted short term rally

<ul class="summary-list"><li>Experts have been weighing in on why Donald Trump won the US election.</li><li>They pointed to Trump's strength on immigration and the economy and a global trend of voters punishing incumbents.</li></ul>There's been an avalanche of analysis following Donald Trump's <a target="_blank" class="" href="https://www.businessinsider.com/donald-trump-wins-presidential-election-race-2024-11">victory</a> in the US presidential election on Wednesday, as experts <a target="_blank" class="" href="https://www.businessinsider.com/global-reaction-donald-trump-election-victory-tariffs-trade-disputes-2024-11">sought</a> to explain how the former president won a second term.They've offered a variety of reasons, ranging from a populist revolt against the elites to Vice President Kamala Harris' shortcomings as the Democratic candidate.Here is some of the best commentary we've seen.<h2 id="1dbed9eb-71c4-4a2e-b020-55984ea68b7b">Steve Hanke, Johns Hopkins University</h2>Hanke, professor of applied economics and former advisor to President Ronald Reagan, told Business Insider in an email: "The American voters have reacted negatively to the American elites who run the show in Washington, the media and so on and so forth. The election outcome was a revolt against the elites."<div type="image" title="Steve Hanke" height="2056" width="2876" msid="115028997" hostid="261" sizebytes="273344"></div><h2 id="a482e781-ed5e-4036-8353-8bd7360cc37a">Nate Cohn, chief political analyst at The New York Times</h2>"<a target="_blank" class="" href="https://www.nytimes.com/2024/11/06/upshot/trump-election-victory.html">Trump gained across the board</a> — including among the voters who seemed most skeptical of him eight years ago, from Hispanic voters in New York City to technology workers in San Francisco."None of this is what Democrats would have imagined a decade ago, when many of them assumed that demographic and generational change would bring a new Democratic majority. Instead, many of the voters whom Democrats viewed as the bedrock of their coalition grew so frustrated with the status quo that they decided to back Mr. Trump instead."<h2 id="7d3e8588-71be-466f-bbca-862acc528256">Tina Fordham, independent strategist and advisor</h2><a target="_blank" class="" href="https://www.linkedin.com/pulse/us-electionsbeyond-market-euphoriatrump-20-policy-bingo-tina-fordham-zzd3f/">"Trump's victory</a> is the most powerful example this year of a political and economic environment that has been brutal for incumbents around the world and brought home the fact that inflation is political kryptonite."This lesson will not soon be lost on governments — growth is not enough if prices are high and wages perceived to not keep pace. The dividing lines in US politics remain bright along geographical, educational, and gender lines, with Trump's strongest support coming from working-class men. This result will leave many Americans not only angry, but fearful.:On a global level, there is no getting away from the fact that Trump's victory will be transformational for both the US and the international system, with geopolitical and economic risks heightened."<h2 id="0f48b608-bdb9-4161-81db-e972ee4a57dc">Nate Silver, founder of FiveThirtyEight and author of the Silver Bulletin newsletter</h2>Silver republished a lengthy post from late October titled "<a target="_blank" class="" href="https://www.natesilver.net/p/24-reasons-that-trump-could-win">24 reasons that Trump won.</a>"Those reasons included inflation, negative perceptions of the economy and nostalgia for Trump's first term, sluggish wage growth, a cultural shift to the right, disillusionment among male and minority voters, and Harris' late nomination.Among Silver's other reasons were Trump's skill at convincing voters he's on their side and success in appealing to marginal voting groups; the Israel-Hamas war dividing the Democratic base; the assassination attempts on Trump boosting his favorability; and Harris' failure to explain her shift from left wing to moderate or articulate a clear vision for America.<div type="image" title="Nate Silver " height="2910" width="3978" msid="115028996" hostid="261" sizebytes="926368"></div><h2 id="cd87b061-0a72-4442-9fe7-4573c9e4074c">Matthew Yglesias, author of the Slow Boring newsletter</h2>"I think 'don't nominate women' would be the worst possible takeaway from this," Yglesias <a target="_blank" class="" href="https://x.com/mattyglesias/status/1854158785192907052">wrote on X</a>. "Lots of women overperform electorally, and since most Democrats are women if you become biased against nominating them you will cut the party off from talent. Learn from the ones who win!""Trump has made a lot of impossible and oft-contradictory promises and will have problems," Yglesias said in <a target="_blank" class="" href="https://x.com/mattyglesias/status/1854058474394566939">another X post</a>. He added in a follow-up tweet: "One obvious one is that Trump managed to both reassure a healthy slice of people about abortion rights while also retaining the enthusiastic support of people who really want to ban abortion. Hard needle to thread!"<h2 id="30bc6c65-8e3c-4fee-aad3-f93e66143c0d">Dominic Sandbrook, historian, commentator and author</h2>Sandbrook told <a target="_blank" class="" href="https://www.youtube.com/watch?v=WAyIAJCWVxA">The Rest is Politics podcast</a> that Kamala Harris failed to win sufficient support from female, Latino and Black voters, while Donald Trump had a "history of outperforming the polls … particularly in rural areas and the South and the suburbs." He argued that Harris and Hillary Clinton had similar weaknesses, with a proportion of the electorate unwilling to consider a female commander in chief.Many voters were also "suspicious" of a mixed-race woman from California who "appears to be the embodiment of, for want of a better expression, the metropolitan liberal elite," Sandbrook said.<h2 id="765cb88d-3d89-4393-acb3-cb2304fdb96c">Eric Corellessa, national political correspondent at TIME</h2>"The <a target="_blank" class="" href="https://time.com/7172052/how-donald-trump-won-2024/">Democrats' hasty replacement</a> of the first-term president with Harris deprived them of a better-tested candidate who could potentially have rallied broader support. Voters took Trump's own advanced age and increasingly incoherent trail rhetoric in stride. Much of the country read Trump's legal woes as part of a larger corrupt conspiracy to deny him, and them, power. And he benefited from a global restiveness in the wake of the COVID-19 pandemic that has ousted incumbent leaders around the world."Whenever abortion came up, Trump insisted the issue was now up to the states, and pivoted as much as possible to the economy, immigration, and crime—issues the campaign believed triggered anxiety with well-to-do suburban women who were open to backing him."Musk also turned X, his social-media platform, into a cauldron of conspiracy theories and characterized the stakes of the race to his more than 200 million followers as existential."

These 7 experts explain why Trump won, Harris lost — and what the election result means

In a significant <keyword id="20359239" type="General" weightage="20" keywordseo="political-development" source="keywords">political development</keyword>, <keyword id="19969165" type="General" weightage="20" keywordseo="Atishi" source="keywords">Atishi</keyword> is poised to become the next Chief Minister of Delhi, following the resignation of Arvind Kejriwal. The <keyword id="19935664" type="General" weightage="20" keywordseo="Aam-Aadmi-Party" source="keywords" meta.keywordsubtype="org" meta.entityname="Aam Aadmi Party" meta.hostid="261" meta.entityid="Aam Aadmi Party">Aam Aadmi Party</keyword> (AAP) convened a legislative meeting earlier today, where all MLAs unanimously accepted Kejriwal's proposal to nominate Atishi for the top post. <h2>Who is Atishi?</h2>Atishi Marlena, widely known as Atishi, is a prominent figure within the AAP and currently holds multiple key portfolios in the <keyword id="19925995" type="General" weightage="20" keywordseo="Delhi-government" source="keywords">Delhi government</keyword>. A Rhodes scholar, she has long been a key architect of AAP’s <keyword id="20374249" type="General" weightage="20" keywordseo="education-reforms" source="keywords">education reforms</keyword> in Delhi, which transformed the public schooling system and gained national attention. Her work has earned her recognition as a progressive leader committed to enhancing education, governance, and <keyword id="20228723" type="General" weightage="20" keywordseo="public-welfare" source="keywords">public welfare</keyword>. Atishi has served as a Delhi MLA, representing the Kalkaji constituency, and has been an essential part of the Kejriwal-led government. She took on many responsibilities when Kejriwal was jailed in connection with the excise policy case, and her reputation for efficiency and dedication helped solidify her as a strong contender for the chief ministerial position. <div type="Article" hostid="261" msid="113312516" title="Supreme Court grants bail to Chief Minister Arvind Kejriwal in Liquor scam case" mstype="2" mssubtype="0"></div><h2>Kejriwal’s resignation and resultant suspense</h2>The sequence of events leading to Atishi's ascension began with Arvind Kejriwal's sudden announcement that he would resign as Delhi’s Chief Minister. On September 13, 2024, Kejriwal was released from Tihar Jail, where he was lodged for his alleged involvement in the Delhi liquor policy scam. Following his release, Kejriwal took to the public platform to declare that he would step down, pending a “certificate of honesty” from the people of Delhi. In a political gambit that stunned many, Kejriwal pushed for advancing the polls to November 2024, ahead of the originally scheduled February 2025 elections. His rationale was that only a fresh mandate from the people, whom he asked to consider his honesty as the deciding factor, would validate his return to power. Until then, he vowed not to reassume the office of Chief Minister. "I didn't resign (after arrest in excise policy case) because I respect democracy and the Constitution is supreme for me," Kejriwal had said earlier. <div type="Article" hostid="261" msid="113364559" title="Delhi CM Arvind Kejriwal announces resignation, demands Delhi elections in November" mstype="2" mssubtype="0"></div>Kejriwal’s resignation prompted a flurry of activity within AAP, as speculation mounted about who would succeed him. The party’s Political Affairs Committee (PAC) and other senior leaders, including Manish Sisodia, Saurabh Bharadwaj, and Gopal Rai, held several rounds of discussions. Names floated for the role included Atishi, Gopal Rai, Kailash Gahlot, Saurabh Bharadwaj, and even Kejriwal’s wife, Sunita Kejriwal. Some sources hinted that a surprise candidate from a minority community could also emerge. However, Atishi was always seen as the frontrunner. She holds a majority of the key portfolios in the Delhi government and was handpicked by Kejriwal to unfurl the national flag on August 15 while he was in jail — a symbolic gesture that hinted at her growing political stature within the party. <h2>Atishi’s nomination and the path ahead</h2>The AAP legislative meeting, held at Kejriwal’s residence earlier today, saw Atishi’s nomination as the new Chief Minister of Delhi. The decision was unanimously accepted by all AAP MLAs, with Kejriwal personally proposing her name. Once Kejriwal officially tenders his resignation later today, Atishi will likely meet Lieutenant Governor VK Saxena to stake her claim for the CM’s office. It is expected that Atishi will not take the oath of office immediately, as the process involves proving majority on the floor of the Delhi Assembly and appointing a new council of ministers. Sources suggest that the swearing-in ceremony may take place closer to the next Assembly session. Atishi’s rise to the Chief Ministerial post comes at a time of political turbulence for AAP. Kejriwal’s resignation, driven by his desire to restore his public image following his incarceration, has put the party in a precarious position. The opposition <keyword id="14666" type="General" weightage="20" keywordseo="bjp" source="Orion">BJP</keyword> has termed Kejriwal’s resignation a "PR stunt" aimed at deflecting attention from the corruption charges. Atishi, with her track record of governance and public service, represents a fresh face for AAP, one that can potentially rejuvenate the party’s image. She will need to navigate a host of challenges, including the corruption allegations surrounding Kejriwal and the upcoming elections. Whether she will be able to maintain the party’s grip on Delhi or lead it to a new electoral victory remains to be seen. (With inputs from agencies)

Atishi set to become Delhi's new Chief Minister as Arvind Kejriwal steps down months before the assembly elections

<ul class="summary-list"><li>This is an excerpt from the Insider Today newsletter.</li></ul>From the polls to the bars. For many Americans, election night is a chance to blow off steam after an intense few months of campaigning that included a last-minute candidate switch and two assassination attempts.Business Insider's Juliana Kaplan has a story on how businesses <a target="_blank" href="https://www.businessinsider.com/election-night-prep-drinks-specials-cannabis-bipartisan-parties-2024-11">are leaning into the election season finale</a> with events and promos.As polarizing as this year has been, many businesses are taking a bipartisan approach. Whether it's weed strains or cocktails — Kamala Kush and the MAGA-rita — restaurants and retailers are happy to cater to both sides. (After all, for most of them, green is the only color that matters.)The homebodies are also set to make their economic mark on election night. In 2020, one food delivery company showed sales increased 20% on election night compared to the Tuesday prior.One tech giant is also using the election to expand on its media ambitions: Amazon.Veteran anchor Brian Williams is leading an election-night special on Prime Video. The one-off program will include more than a dozen contributors, such as James Carville and Shepard Smith. BI's Lucia Moses spoke to Williams' longtime producer, Jonathan Wald, <a target="_blank" href="https://www.businessinsider.com/amazon-brian-williams-election-night-special-plan-executive-producer-2024-10">about the show</a>.The election isn't a boon for all businesses.This time of year comes with plenty of anxiety. Almost 70% of US adults reported the election being a "significant" source of stress, according to an August survey from the American Psychological Association.That could result in workers <a target="_blank" href="https://www.businessinsider.com/us-election-cutting-into-some-worker-productivity-2024-11">having a tough time focusing today</a> and impacting their productivity, writes BI's Tim Paradis. A survey last month of US managers from <a target="_blank" href="http://ResumeBuilder.com">ResumeBuilder.com</a> found 38% felt the election had already hurt morale and productivity.For many, the concerns aren't just about the election outcome. They're about the reaction to the results. With tensions high, the country is <a target="_blank" href="https://www.businessinsider.com/election-civil-unrest-risk-kamala-harris-donald-trump-2024-11">bracing for civil unrest after the election</a>, writes BI's Katie Balevic.One data analytics and risk management company ranks the US among the five most high-risk countries for civil unrest. (The other four were Brazil, Colombia, Chile, and South Africa.)Further heightening things is the likelihood of a legal fight over the election. The 2024 presidential race is already the most litigated in history, with more than <a target="_blank" href="https://www.businessinsider.com/election-litigation-donald-trump-kamala-harris-democrats-republicans-2024-10">200 pending preelection lawsuits across 40 states</a>, writes BI's Natalie Musumeci.<a target="_blank" rel="noopener" href="https://www.businessinsider.com/what-to-watch-for-election-day-harris-trump-congress-2024-11">Here's what to watch for as the day unfolds</a>.The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York. Jordan Parker Erb, editor, in New York. Hallam Bullock, senior editor, in London. Ella Hopkins, associate editor, in London. Amanda Yen, fellow, in New York. Milan Sehmbi, fellow, in London.

How companies are looking to cash in on Election Day

New Delhi [India], June 4 (ANI): The mammoth exercise to count votes polled for the Lok Sabha seats in the 2024 elections will begin at 8 am on Tuesday, with trends and results following shortly thereafter. Results of the <keyword id="6372146" type="General" weightage="20" keywordseo="Assembly-elections" source="Orion">Assembly elections</keyword> in Sikkim, Arunachal Pradesh, Odisha and Andhra Pradesh were held simultaneously with voting for the 543-member Lok Sabha. Results of 175 Assembly constituencies in Andhra Pradesh and 147 Assembly constituencies in Odisha and results of bypolls in 25 Assembly constituencies will also be declared today. Here're the LIVE results: <div type="javascript" title="Custom" contenttype="Infographic"><cdata><![CDATA[]]></cdata></div> Strict security has been put in place for the smooth conduct of counting of votes for over 8,000 candidates in this general elections. Prime Minister Narendra Modi's Bharatiya Janata Party (BJP) will seek a third consecutive term in government, while the Congress-led opposition aims to unseat them. Most <keyword id="43771" type="General" weightage="20" keywordseo="exit-polls" source="Orion">exit polls</keyword> have predicted a return of PM Modi to power, a development which will make him the first Prime Minister since Jawaharlal Nehru to secure a third successive term in power, Meanwhile, a delegation of Indian National Developmental Inclusive Alliance (INDIA) bloc leaders met with the Election Commission of India urging it to ensure that postal ballots are counted and their results declared before the outcome of the EVMs is announced. Earlier, Chief Election Commissioner Rajiv Kumar had said that a "very robust system" has been put in place. "There are around 10.5 lakh booths. Each booth will have 14 tables. There are observers and micro-observers. Nearly, 70-80 lakh people are involved in the process," he said. The national capital is all set to witness the battle. With tight security arrangements in place, Delhi is well-prepared to watch the results of the 2024 <keyword id="19923279" type="General" weightage="20" keywordseo="Lok-Sabha-Elections" source="keywords">Lok Sabha elections</keyword>. Around 70 companies of the security forces will be deployed at all seven counting centres across the national capital as part of the elaborate security arrangements made by the Delhi Police for today. Delhi traffic police issued a fresh advisory ahead of the counting of votes scheduled for Tuesday, listing key roads where traffic restrictions and diversions will start from 5 am onwards to ensure smooth vehicular movement. Prime Minister Modi's hometown, Gujarat, is also preparing for the vote-counting day as security forces rehearse and perform drills for the effortless conduct of D-day. Exit polls have predicted the return of the BJP to power. Various exit polls have given the BJP more than 64 seats in Uttar Pradesh. The BJP-led National Democratic Alliance is poised for a hat-trick win in Lok Sabha polls with a massive majority. Exit polls were predicted on Saturday and indicated that the ruling party at the Centre would improve its performance in several states ruled by other parties. A few exit polls predicted that the BJP-led NDA could reach the goal of "400 paar" stated by BJP leaders in the run-up to the Lok Sabha polls. The exit polls predicted that the ruling BJP-led NDA is poised to improve its performance over its 2019 record when it won 352 seats. Two polls predicted the BJP would also improve its numbers from the 303 seats it won in the 2019 Lok Sabha polls. In the 2019 elections, NDA wrested 353 seats, of which the BJP won 303 alone. The Opposition's UPA got only 93 seats of which the Congress got 52. The Lok Sabha elections were conducted in seven phases- on April 19, April 26, May 7, May 13, May 20, May 25 and June 1. The counting trends and results, as per data entered by RO/ARO for AC/PC will be available on the ECI website as well as on the Voter Helpline App, both iOS and Android Mobile Apps, according to the ECI. The Voter Helpline App can be downloaded from the Google Play Store or Apple Play Store. Users can use the available filter to find out the winning/leading or trailing candidate details, along with the constituency-wise or State-wise results from the Voter Helpline App. The local display of the trends and results by the CEOs/ROs/DEOs may also be done through the Digital Display Panels, it said.

Lok Sabha elections 2024 results: Mammoth vote-counting exercise set to begin at 8 am, amid high security

Laapata Ladies, Bridgerton and Heeramandi might have dominated the OTT cycle last month, but none of these dramas can hold a candle to the absolute thriller that unfolded during the Lok Sabha election cycle this year. While the parties scramble to decide their allegiances, most people are already convinced about a result familiar to the previous two general elections: <keyword id="20509939" type="General" weightage="20" keywordseo="Modi-3-0" source="keywords">Modi 3.0</keyword>. However, the road to the end has proven anything but a bed of lotuses for the Bharatiya Janata Party (<keyword id="19894848" type="General" weightage="20" keywordseo="BJP" source="keywords">BJP</keyword>). Despite staunch optimism of winning 400 out of 543 seats, the BJP-led National Democratic Alliance (<keyword id="19938590" type="General" weightage="20" keywordseo="NDA" source="keywords">NDA</keyword>) managed to capture only 293 — a margin barely above the 272 seats majority, and dozens below their 2014 and 2019 standings. Then came the fact that the BJP, with only 240 seats won, would have to be supported by two major partner parties: the Telugu Desam Party (TDP) and the Janata Dal (United), if they wished to finalise a majority and form the next Lok Sabha. This meant that the ball currently remains in the courts of these two quintessential “Kingmakers”; will they keep their pre-poll promises to ensure the continuity of Mr Modi, or usurp him by joining the opposition <keyword id="19895063" type="General" weightage="20" keywordseo="INDIA" source="keywords">INDIA</keyword> bloc? This mystery may linger not just this week, but throughout the term of the next government given the fickle nature of the Indian political system. As we move into the final few legs of this political marathon, the story has only taken a turn for the juicier. According to media reports, INDIA has now offered the position of Deputy Prime Minister to JD(U) Nitish Kumar and a special status to Andhra Pradesh (with TDP majority) if the parties align with the alliance and forsake their NDA partnership. If they agree, the INDIA-TDP-JD(U) coalition could overthrow BJP-NDA to form the government, making for the biggest <keyword id="21945335" type="General" weightage="20" keywordseo="political-plot-twist" source="keywords">political plot twist</keyword> in decades. While we wait for the historical gavel to drop, let’s take a look back at the other bombshells to have come out of the tallying process so far. <cmsannotation type="cmsannotation" annotationid="BJP falls short of majority" comment="subhead" text="BJP falls short of majority">BJP falls short of majority</cmsannotation> Despite battle cries of ‘Abki baar 400 par’, the Modi-led party has failed to cross the required 272 seats necessary for a clear majority and stands far below their performances in 2014 and 2019. They are no longer self-sufficient enough to make a third term without the support from allies. <cmsannotation type="cmsannotation" annotationid="BJP loses ground in Hindi Heartland" comment="subhead" text="BJP loses ground in Hindi Heartland">BJP loses ground in Hindi Heartland</cmsannotation> The northern states, which constitute a large section of the Hindi-speaking population, have been considered BJP’s biggest loyalists. Despite this, the party has faced unexpected stiff competition in states such as Uttar Pradesh, Rajasthan, Chandigarh and Haryana. These are crucial states for the BJP, as they hold a large number of seats and losing a majority of these seats has weakened their moral position. While some blame the loss on the anger of dominant castes in the region, others say that the party ignored these stronghold regions in pursuit of expansion to the east and south. <cmsannotation type="cmsannotation" annotationid="NDA wins below 300 seats, far below landslide 400 predictions" comment="subhead" text="NDA wins below 300 seats, far below landslide 400 predictions">NDA wins below 300 seats, far below landslide 400 predictions</cmsannotation> Not only has BJP itself been unable to capture the required majority, their NDA coalition hasn’t even touched 300 Lok Sabha seats. This indicates a significant loss of public support compared to predictions. <cmsannotation type="cmsannotation" annotationid="BJP loses Ram Temple Constituency" comment="subhead" text="BJP loses Ram Temple Constituency">BJP loses <keyword id="41267" type="General" weightage="20" keywordseo="ram-temple" source="Orion">Ram Temple</keyword> Constituency</cmsannotation> Construction of the Ram Temple in Ayodhya has been one of BJP’s most prominent election promises in the past two elections. Despite delivering on this front, the party has lost the Faizabad seat to Samajwadi Party candidate Awadhesh Prasad. <cmsannotation type="cmsannotation" annotationid="Lotus blooms down south" comment="subhead" text="Lotus blooms down south">Lotus blooms down south</cmsannotation> BJP opened its account for the first time in Kerala with a win for actor-turned-politician Suresh Gopi at the Thrissur seat. In Telangana, both BJP and Congress put up a strong performance by winning eight seats each and sidelining the regional parties. However, for the BJP, Tamil Nadu was a disappointment as it failed to win even one seat despite immense push from all quarters. The party did manage to increase the vote share to double digits despite a lack of support from the regional parties. <cmsannotation type="cmsannotation" annotationid="BJP wins all Delhi seats" comment="subhead" text="BJP wins all Delhi seats">BJP wins all Delhi seats</cmsannotation> Making a hat-trick, the BJP won all seven Lok Sabha seats in Delhi for the third time, beating the Congress-AAP alliance. <h3>Individual/Regional Politics</h3><cmsannotation type="cmsannotation" annotationid="Rahul Gandhi wins two seats" comment="subhead" text="Rahul Gandhi wins two seats">Rahul Gandhi wins two seats</cmsannotation> After a risky contest for two seats in Kerala’s Wayanad and Uttar Pradesh’s Rae Bareli, the Congress leader has won both by a massive margin. <cmsannotation type="cmsannotation" annotationid="Kangana Ranaut wins Himachal seat" comment="subhead" text="Kangana Ranaut wins Himachal seat"><keyword id="10343350" type="General" weightage="20" keywordseo="kangana-ranaut-wins" source="Orion">Kangana Ranaut wins</keyword> Himachal seat</cmsannotation> The celebrity candidate’s debut resulted in a strong win for the Mandi seat for BJP. <cmsannotation type="cmsannotation" annotationid="Smriti Irani loses" comment="subhead" text="Smriti Irani loses">Smriti Irani loses</cmsannotation> Despite high expectations, Smriti Irani loses the Amethi seat by a large margin to Congress’ Kishori Lal Sharma. This is a high-profile defeat for a key BJP figure. <cmsannotation type="cmsannotation" annotationid="Shashi Tharoor faces a brief hiccup" comment="subhead" text="Shashi Tharoor faces a brief hiccup">Shashi Tharoor faces a brief hiccup</cmsannotation> Earlier trends had briefly indicated trouble for the recurrent Thiruvananthapuram MP. However, the tides turned quickly, handing Tharoor the win over Rajeev Chandrasekhar. <cmsannotation type="cmsannotation" annotationid="Former cricketer Yusuf Pathan wins" comment="subhead" text="Former cricketer Yusuf Pathan wins">Former cricketer Yusuf Pathan wins</cmsannotation> Stepping up to politics for the first time, cricketer turned politician Yusuf Pathan won West Bengal’s Baharampur seat for the Trinamool Congress. <cmsannotation type="cmsannotation" annotationid="Jailed pro-Khalistani candidate victorious in Punjab" comment="subhead" text="Jailed pro-Khalistani candidate victorious in Punjab">Jailed pro-Khalistani candidate victorious in Punjab</cmsannotation> Amritpal Singh, a notable Khalistan supporter and independent candidate clinched the Khadoor Sahib seat from jail in Punjab. <cmsannotation type="cmsannotation" annotationid="Sexual assault-accused Prajwal Revanna pulls considerable vote share" comment="subhead" text="Sexual assault-accused Prajwal Revanna pulls considerable vote share">Sexual assault-accused Prajwal Revanna pulls considerable vote share</cmsannotation> Despite a final win by Congress candidate Shreyas M. Patel in Karnataka’s Hassan constituency, JD(U)’s Prajwal Revanna garnered 46.5% of the total votes. This has occurred despite being in police custody and having a massive sexual assault case lodged against the candidate. <h3>Other notable events</h3><cmsannotation type="cmsannotation" annotationid="Indore sets record for highest NOTA voters" comment="subhead" text="Indore sets record for highest NOTA voters">Indore sets record for highest NOTA voters</cmsannotation> Controversy had earlier erupted in Indore after Congress candidate Akshya Kanti Bam deferred to BJP shortly before the voting process had begun. In response, over 2 lakh voters placed their bets on ‘None of the Above’, expressing dissatisfaction with the choices presented to them. <cmsannotation type="cmsannotation" annotationid="Stock market falls by COVID-19 levels" comment="subhead" text="Stock market falls by COVID-19 levels">Stock market falls by COVID-19 levels</cmsannotation> Anticipating an easy win and stable third term for Modi, the Indian stock surged right before the election. However, government uncertainty later on spurred the Nifty and BSE Sensex indices to crash by as much as 8.5%.

Lok Sabha Elections 2024: Biggest shockers to come out of the thrilling election results

New Delhi [India], June 4 (ANI): With counting progressing in <keyword id="19912155" type="General" weightage="20" keywordseo="Lok-Sabha-polls" source="keywords">Lok Sabha polls</keyword>, the Bharatiya Janata Party-led <keyword id="20344628" type="General" weightage="20" keywordseo="National-Democratic-Alliance" source="keywords" meta.keywordsubtype="org" meta.entityname="National Democratic Alliance" meta.hostid="261" meta.entityid="National Democratic Alliance">National Democratic Alliance</keyword> is leading on more than 100 seats as per the latest trends according to TV channels. Around 642 million people voted in Lok Sabha elections held over seven phases in a mammoth six-week period. The counting of votes began starting with postal ballot papers amid tight security. The counting for State Legislative Assemblies of 175 Assembly constituencies in Andhra Pradesh and 147 Assembly constituencies in Odisha and results of bypolls in 25 Assembly constituencies also began. The Lok Sabha elections for 543 seats of the lower house were held across seven phases. The <keyword id="19931558" type="General" weightage="20" keywordseo="Bharatiya-Janata-Party" source="keywords" meta.keywordsubtype="org" meta.entityname="Bharatiya Janata Party" meta.hostid="261" meta.entityid="Bharatiya Janata Party">Bharatiya Janata Party</keyword> is eyeing a third straight term in power, while the Opposition under the umbrella of the <keyword id="19895684" type="General" weightage="20" keywordseo="INDIA-bloc" source="keywords" meta.keywordsubtype="org" meta.entityname="INDIA bloc" meta.hostid="261" meta.entityid="INDIA bloc">INDIA bloc</keyword> is seeking to wrest power from the ruling party.Most exit polls predicted a straight term for Prime Minister Narendra Modi, with quite few of them projecting a two-thirds majority for the ruling BJP-led National Democratic Alliance (<keyword id="41281" type="General" weightage="20" keywordseo="NDA" source="Orion">NDA</keyword>). The Congress party and its allies dismissed the exit polls as "orchestrated" and a work of "fantasy", asserting that the opposition INDIA bloc will form the next government at the Centre. Strict security has been put in place for the smooth conduct of counting of votes for over 8,000 candidates in this general election. With counting began for the Lok Sabha elections, which have seen the largest voter participation, the electoral fate of several leaders across the political spectrum will be decided. Prime Minister Narendra Modi, Home Minister Amit Shah, and Defence Minister Rajnath Singh are among the senior BJP leaders in the fray. Key opposition leaders, including former Congress chief Rahul Gandhi, NCP's Supriya Sule, and Samajwadi Party chief Akhilesh Yadav, are also contesting the poll. Two polls predicted the BJP would also improve its numbers from the 303 seats it won in the 2019 Lok Sabha polls. In the 2019 elections, NDA wrested 353 seats, of which the BJP won 303 alone. The Opposition's UPA got only 93 seats of which the Congress got 52. Even before the counting of the votes, the Bharatiya Janata Party won one seat of Surat Lok Sabha. Earlier on April 22, Mukesh Dalal won the election "unopposed". Congress nominee Nilesh Kumbhani's nomination was rejected. His candidacy was rejected because of alleged discrepancies in the signatures of the proposers.

Lok Sabha election results: BJP-led NDA leading in 100 plus seats in early trends

New Delhi [India], June 4 (ANI): With counting slated for today for the <keyword id="19923279" type="General" weightage="20" keywordseo="Lok-Sabha-elections" source="keywords">Lok Sabha elections</keyword>, which have seen the largest voter participation, the electoral fate of several leaders across the political spectrum will be decided. Prime Minister <keyword id="19895781" type="General" weightage="20" keywordseo="Narendra-Modi" source="keywords">Narendra Modi</keyword>, Home Minister <keyword id="19899491" type="General" weightage="20" keywordseo="Amit-Shah" source="keywords">Amit Shah</keyword> and Defence Minister Rajnath Singh are among the senior BJP leaders in the fray. Key opposition leaders, including former Congress chief <keyword id="19895780" type="General" weightage="20" keywordseo="Rahul-Gandhi" source="keywords">Rahul Gandhi</keyword>, NCP's <keyword id="20083020" type="General" weightage="20" keywordseo="Supriya-Sule" source="keywords">Supriya Sule</keyword> and Samajwadi Party chief Akhilesh Yadav, are also contesting the poll. <div type="javascript" title="Custom" contenttype="Infographic"><cdata><![CDATA[]]></cdata></div> Here is a look at some key contests involving prominent leaders: 1. Narendra Modi: Prime Minister Modi, is seeking a third term from Varanasi, the constituency that paved his way to the Lok Sabha after his stint as Chief Minister. He is pitted against Congress leader and INDIA bloc candidate Ajay Rai. PM Modi won the seat by huge margins in 2014 and 2019. 2. Amit Shah: The Union Home Minister entered the Lok Sabha in 2019 from Gandhinagar and is seeking his second straight term from the seat, which has been held by BJP veterans in the past. Shah, who earlier served as BJP President, is against Congress candidate Sonal Patel. 3. Rahul Gandhi: Congress leader Rahul Gandhi is contesting the Lok Sabha elections from two seats -- Wayanad and Raebareli. Gandhi, who lost the family bastion seat of Amethi in 2019 and entered the Lok Sabha from Wayanad, is aiming to maintain the party's lone bastion left in the state. He is up against BJP's Dinesh Pratap Singh and BJP's K. Surendran, as well as CPI-M's Annie Raja in Wayanad. 4. Supriya Sule and <keyword id="20734555" type="General" weightage="20" keywordseo="sunetra-pawar" source="keywords">Sunetra Pawar</keyword>: The Baramati constituency is another 'hot seat' that will decide the future of the 'Pawar' legacy. NCP supremo Sharad Pawar's daughter Supriya Sule is against his cousin Ajit Pawar's wife, Sunetra Pawar, from the seat. The exit polls have predicted a tight contest. 5. <keyword id="42749" type="General" weightage="20" keywordseo="Shashi-Tharoor" source="Orion">Shashi Tharoor</keyword>: Congress leader Shashi Tharoor, who is a three-time MP from Thiruvananthapuram, is facing a three-way contest against BJP's Rajeev Chandrasekhar and CPI-M's Panniyan Ravindran. The exit polls have predicted a tight contest. 6. K. Annamalai: BJP Tamil Nadu chief and rising face in the south, K Annamalai, is aiming to make the party's inroads in the state. Contesting from Coimbatore, the former cop is up against DMK leader Ganapathy P Rajkumar and AIADMK's Singai Ramachandran. 7. Rajnath Singh: Defence Minister Rajnath Singh is seeking a third term from Lucknow. The former Uttar Pradesh CM served as the Home Minister in BJP's first term and Defence Minister in the second term. Singh is facing SP candidate Ravidas Mehrotra and BSP candidate Sarwar Malik. 8. Abhishek Banerjee: As the BJP is aiming to make further inroads in West Bengal, and TMC is looking to maintain its fortress, TMC general secretary and Chief Minister Mamata Banerjee's nephew Abhishek Banerjee is contesting from Diamond Harbour seeking a second term from the seat. Banerjee is pitted against CPI(M) candidate Pratikur Rahaman and BJP's Abhijit Das. 9. Akhilesh Yadav: Former Uttar Pradesh CM and Samajwadi Party chief Akhilesh Yadav made a surprise entry in the Lok Sabha polls, announcing his candidature from Kannauj. Yadav, who is an MLA from Karhal assembly constituency, is facing incumbent MP and BJP leader Subrat Pathak. 10. Asaduddin Owaisi: The Hyderabad constituency is bracing for a big showdown with four-time MP and All India Majlis-e-Ittehadul Muslimeen chief Asaduddin Owaisi facing a challenge against BJP candidate and actor-turned-politician Madhavi Latha. The Lok Sabha elections for 543 seats of the lower house were held across seven phases. The counting of votes will take place on Tuesday, June 4. The Bharatiya Janata Party is eyeing a third straight term in power, while the Opposition under the umbrella of the INDIA bloc is seeking to wrest power from the ruling party. Meanwhile, all the exit polls have predicted the BJP returning to power with a resounding majority, with further inroads in Odisha, West Bengal, and southern states.

From Modi and Shah to Gandhi and Tharoor, here's a look at some key Lok Sabha seats ahead of election results

<ul class="summary-list"><li>In his first term, Donald Trump ramped up military actions to counter China in the South China Sea.</li><li>Four years later, China has grown more confrontational, leaving less margin for error.</li></ul>As President-elect Donald Trump prepares to return to office, one of his biggest challenges could be an issue that hardly came up on the campaign trail.The South China Sea — contested waters that China says are its own and the US says belong to no single nation — has only grown as a risk factor in the years Trump was out of government.During his first term, Trump's administration took a hard line against China, stepping up its patrols and exercises in the region, and rejecting Chinese territorial claims.Since then, China has expanded its presence in the region, growing more willing to confront other countries there, including the Philippines, an ally the US is treaty-bound to defend."The margin for error has shrunk since 2016-2020," said Hunter Marston, an Asia-Pacific researcher at the Australian National University."It would now take less of a spark for a skirmish or collision to trigger a conflict involving all parties," he said.<h2 id="26704ad2-dec7-4144-a34a-9f5597d2ab7e">A vital ally</h2>Trump hasn't said how he would handle the region in his second term as president.South China Sea observers expect continuity with the Biden administration, which tried to ramp up diplomatic efforts and strengthen US alliances and security partnerships.Gregory Poling, director of Southeast Asia Program at the Center for Strategic and International Studies, said that Trump "introduces a level of personal unpredictability compared to Biden.""But there is no reason to expect any major changes to US policies on this front."<h2 id="fef0cfd6-98da-4aac-a5b1-2e1ac4fe2670">A delicate balance to strike</h2>Trump, like President Joe Biden before him, has a delicate balance to navigate.Recent months have seen clashes between Chinese and Filipino coast guard vessels, <a target="_blank" class="" href="https://www.businessinsider.com/philippines-soldiers-bare-hands-fight-armed-china-coast-guard-swords-2024-6">including one</a> where swords and knives were brandished.<div type="image" title="Chinese Coast Guard holding knives and machetes as they approach Philippine troops in the Second Thomas Shoal at the disputed South China Sea" height="2374" width="3165" msid="115257414" hostid="261" sizebytes="149654"></div>Under a treaty from 1951, the US is obliged to aid the Philippines against armed attack — something China has avoided through so-called <a target="_blank" rel="" class="" href="https://www.businessinsider.com/china-taking-over-south-sea-us-not-stopping-experts-philippines-2024-9">gray-zone operations</a> that are not technically "armed."The Filipino secretary of national defense told CBS News' <a target="_blank" rel="" class="" href="https://www.businessinsider.com/philippines-expects-us-to-intervene-if-china-takes-rusted-warship-2024-9">"60 Minutes"</a> in September that there were ongoing discussions about exactly what would prompt US intervention.Though Trump hasn't outlined a specific South China Sea plan, he could pursue his broader foreign policy mantra of "peace through strength."That brings its own risks."Unrestrained US militarization is precisely what drives Beijing's insecurity and will continue to exacerbate tensions in the South China Sea," Marston said.<h2 id="96ada877-488a-45fb-9d45-6c143317081e">An alliance at stake</h2>Sari Arho Havrén, an associate fellow at the UK's Royal United Services Institute specializing in China, said Trump would need to decide how much to commit to the region."To be globally influential, the US needs its allies," she said.Trump has often adopted a skeptical posture toward alliances he deemed unfair to the US — including its roles in helping the defense of Europe, its support for Ukraine, and its military commitments in South Korea.<div type="image" title="President Donald Trump arrives to speak during an election night event at the Palm Beach Convention Center on November 06, 2024" height="4000" width="6000" msid="115257416" hostid="261" sizebytes="444246"></div>Zeno Leoni, a lecturer at King's College London's Defense Studies Department, believes US economic interests in the South China Sea make the region an exception.A yearlong conflict in East Asia, which covers the South China Sea, could result in a 5-10% loss of US GDP, according to a 2016 <a target="_blank" class="" href="https://www.rand.org/pubs/research_reports/RR1140.html">research report</a> by the Rand Corporation, a prominent think tank.Leoni believes the Trump administration will try to achieve balance."Both Trump's and Biden's National Security Strategy prioritized tackling the rise of China, and this is unlikely to change in the context of a more isolationist foreign policy," he said.

Trump's first term avoided a fight in the South China Sea. It's only getting harder.

<ul class="summary-list"><li>The United States is preparing for civil unrest surrounding the election.</li><li>Election Day itself isn't as high of a risk as the postelection period, analysts say.</li></ul>The turmoil that took place after the last US presidential election has left its mark.So this time around, as Election Day looms, businesses and governments around the country are preparing in advance — especially if the results are close.The consensus going into Election Day is that will be the case.<a target="_blank" class="" href="https://www.businessinsider.com/harris-trump-presidential-election-swing-state-polls-sun-belt-2024-10">Seven swing states</a> offer multiple avenues for each candidate to win. And the final polls have largely shown the race between Vice President Kamala Harris and former President Donald Trump as a virtual tie nationally.Glen Kucera, an executive at Allied Universal, a private security company, told Business Insider that his clientele are concerned enough to seek more resources to protect themselves and their businesses."The threat is kind of imminent and everywhere," Kucera said. "We're trying to get ahead of the threat."In the final stretch before Election Day, it seems like everyone — from voter advocacy groups and election officials to risk management and security companies — is preparing for civil unrest."I think what is also now on people's minds is the emotion, the anger that goes with some of these elections," Kucera said. "We're being deployed to try to figure all those imminent threats out and try to protect the public as we go into this election."But just how high is the risk?<h2 id="6f2d6248-0787-4c0f-9dc3-5d53c2aad9c9">Election Day isn't the biggest worry</h2>Election Day itself isn't likely to be the most high-risk day for unrest because there will be extensive protective measures taken, said Rachel Brown, an expert on violence, hate speech, and civic engagement at Over Zero, which works to deter identity-based violence."I wouldn't expect us to see a high level of organized violence. People should feel safe voting, and if there is any danger, it's likely to be very highly localized, such as a single person taking action where there seem to be groups trying to mobilize," Brown said on Friday at a press panel hosted by the National Task Force on Election Crises (NTFEC), a cross-partisan election organization.That appears to be the case in Washington and Oregon, where authorities are searching for what they say is a lone actor responsible for placing incendiary devices on at least two ballot drop boxes, burning hundreds of ballots. Officials in Clark County, Washington, where some 488 ballots were damaged, said in a press release that they have been in contact with the majority of the voters affected to issue them replacement ballots.<div type="image" title="A ballot box was damaged in Multnomah County in Portland, Oregon." height="1500" width="2250" msid="114923430" hostid="261" sizebytes="146584"></div>There are protections in place for the voting process, voters, and election workers, Brown said. Voter intimidation is criminal and prosecutable, and locally, voting sites are preparing for any incidents, including swatting attacks, where a fake call is made to law enforcement to trigger an armed response, Brown said."Some of the threats that many of us aren't even thinking about day to day, election officials are working day in and day out to prevent and then respond to," Chris Crawford, an NTFEC staffer and policy strategist at Protect Democracy, said at the panel. "There are remedies when activities like this arise that election officials can still try to ensure that every person can have their votes submitted and counted."The greater risk is likely postelection, when the <a target="_blank" class="" href="https://www.businessinsider.com/donald-trump-kamala-harris-preparing-legal-challenges-election-decided-court-2024-8">results may be decided in courts</a> instead of on election night. Then, there's the waiting game until Congress counts the electoral votes on January 6, followed by the Presidential Inauguration Ceremony on January 20.Brown said she is "most concerned" about a spike in conspiracy theories and threats to state capitals, vote count locations, and the individuals who oversee them.Anticipating such unrest after the election, businesses in Portland and other cities have begun boarding up their windows."Violence tends to happen to target the process and to contest results," Brown said. "We know the dates that are relevant in the process and are able to anticipate where that might happen, but in a close election, we could see the use of violence or intimidation to attempt to sway how the results are processed."<h2 id="39042411-d542-4c03-b120-8bb15025a411">How great is the risk?</h2>Verisk, a data analytics and risk management company, ranked the United States among the five most high-risk countries for civil unrest, which could also lead to extensive insured losses, in the next year. Brazil, Colombia, Chile, and South Africa rounded out the list, with France, Greece, and Spain the riskiest in Europe.Verisk wrote in an October analysis that election-related violence is rare in the United States and that the January 6 riot in 2021 was "a standout protest event in US history." The company said the peaceful 2022 midterm elections showed that the threat of civil violence remained comparatively low.Emotions run higher during presidential elections, however, and the company's Strikes Riots and Civil Commotion Predictive Model found that the tension and political polarization could reach a boiling point, sparking unrest in urban centers like New York, Los Angeles, Chicago, and Houston."Not only is the underlying SRCC risk higher than in January 2021, the potential for flashpoints to ignite civil unrest is also greater," Torbjorn Soltvedt, principal analyst at Verisk Maplecroft, said in a press release.Robert Munks, Verisk's head of research for the Americas, said that risks may also rise following the election during the certification processes."Crucially, the risk of election-related unrest will rise substantially if the outcome of the election is tightly contested," Munks said, "particularly should Trump lose to Harris."

The US is bracing for civil unrest around the election. But just how high is the risk?

<keyword id="21033069" type="General" weightage="100" keywordseo="women-candidates" source="keywords">Women candidates</keyword> like Selja, <keyword id="19941210" type="General" weightage="20" keywordseo="Kangana-Ranaut" source="keywords">Kangana Ranaut</keyword>, <keyword id="19968072" type="General" weightage="20" keywordseo="Hema-Malini" source="keywords">Hema Malini</keyword>, <keyword id="19960481" type="General" weightage="20" keywordseo="Dimple-Yadav" source="keywords">Dimple Yadav</keyword> and <keyword id="20377641" type="General" weightage="20" keywordseo="Misha-Bharti" source="keywords">Misha Bharti</keyword> are leading by a significant margin in their respective constituencies in the general elections. Amethi's incumbent MP <keyword id="19899683" type="General" weightage="20" keywordseo="smriti-irani" source="keywords">Smriti Irani</keyword> and Sultanpur MP Maneka Gandhi are among MPs trailing by huge margin in their constituencies. Selja, <keyword id="19895371" type="General" weightage="20" keywordseo="Congress" source="keywords" meta.keywordsubtype="org" meta.entityname="Congress" meta.hostid="83" meta.entityid="Congress">Congress</keyword> candidate from Sirsa, is also leading from her constituency by over 2.5 lakh votes, as of 3.35 pm. <keyword id="20453436" type="General" weightage="20" keywordseo="Bansuri-Swaraj" source="keywords">Bansuri Swaraj</keyword>, who has been fielded by the BJP from New Delhi constituency is leading by over 50,000 votes. A total of 797 women contested the Lok Sabha elections. Some of the prominent women candidates who are leading in the contest include Kangana Ranaut, Hema Malini, Dimple Yadav and Misha Bharti. At 3 pm, Ranaut, first time contender from BJP in Himachal Pradesh's Mandi, is leading by over 70,000 against Congress leader Vikramaditya Singh. Incumbent MP from Mathura Hema Malini is leading from the constituency with a margin of over 2 lakh votes against Congress candidate Mukesh Dhangar. Dimple Yadav, the incumbent MP from Mainpuri, has also maintained a comfortable lead of over 2 lakh against BJP's Jayveer Singh. Misha Bharti, daughter of RJD leader Lalu Prasad Yadav, is also leading against union minister and incumbent MP from Bihar's Pataliputra by a margin over nearly 50,000 votes. <keyword id="19981448" type="General" weightage="20" keywordseo="Mahua-Moitra" source="keywords">Mahua Moitra</keyword>, incumbent MP from West Bengal's Krishnanagar, is also leading in her seat by a margin of over 50,000 votes while Baramati's incumbent MP Supriya Sule also leading by over 20,000 votes. DMK's Kanimozhi Karunanidhi, incumbent MP from Thoothukkudi, is also leading from her constituency by over 2.5 lakh votes.

LS polls: Kangana, Hema Malini, Dimple Yadav among women candidates leading with comfortable margin

<ul class="summary-list"><li>India wants to unseat China as the new factory of the world.</li><li>Modi is set to stay in power for another five years, but the results of the election are going to make it harder to beat China.</li></ul>India's economy is on a roll, chalking up <a target="_blank" href="https://www.mospi.gov.in/sites/default/files/press_release/PressNoteGDP31052024.pdf">8.2% GDP growth</a> in the last fiscal year and a boom in <a target="_blank" href="https://www.reuters.com/business/finance/india-eyes-100-bln-annual-foreign-direct-investment-coming-years-it-minister-2024-01-17/">foreign investments.</a>The growth is in part thanks to a <a target="_blank" href="https://www.businessinsider.com/china-india-supply-chain-covid-sanctions-manufacturers-relocating-tariffs-options-2022-12">shift in supply chains</a> and investment flows as companies try to stop relying solely on China.This has boosted Indian Prime Minister Narendra Modi's appeal, sending him to a historic third term as the country's prime minister in the country's general election.But Modi's win this time around also <a target="_blank" href="https://www.businessinsider.com/indian-election-results-shocking-blow-narendra-modi-2024-6?mrfhud=true">comes with a huge loss</a>.While Modi is still hugely popular in India, his party — <a target="_blank" href="https://www.businessinsider.com/indian-election-results-shocking-blow-narendra-modi-2024-6">Bharatiya Janata Party, or BJP</a> — lost its majority in Parliament, reflecting resentment among voters amid rising <a target="_blank" href="https://www.reuters.com/world/india/indias-richest-1-has-highest-concentration-wealth-decades-study-shows-2024-03-20/">inequality.</a>"The problem is most Indians have not adequately participated in the fruits of an economy with gaudy headline numbers," wrote Atman Trivedi, a senior fellow with the Atlantic Council's South Asia Center in a <a target="_blank" href="https://www.atlanticcouncil.org/blogs/new-atlanticist/experts-react-modi-loses-ground-electoral-surprise/">Tuesday note.</a> "Growth is unequal, and jobs are few and far between."India's unemployment rate rose to 8.1% in April from 7.4% in March, according to the <a target="_blank" href="https://cmie.com/kommon/bin/sr.php?kall=warticle&amp;dt=20240502160006&amp;msec=476">Centre for Monitoring Indian Economy,</a> a private think tank. The country has a <a target="_blank" class="" href="https://affiliate.insider.com?h=881bbd696b99c4065e343b97a60624443ddd9aabed87bc59213e9c4e53b5de60&amp;postID=665fc5bbe01a10ede1be40ec&amp;postSlug=india-election-results-complicates-plans-unseat-china-modi-bjp-2024-6&amp;site=bi&amp;u=https%3A%2F%2Fwww.nature.com%2Farticles%2Fd41586-023-03915-5">longstanding brain drain issue.</a><h2 id="2c7371a5-8197-477c-a8db-86744aed6de4">India wants to unseat China as the factory of the world</h2>BJP's likely loss of its majority is a testament to India's political system — but it will also make the dream of becoming the next China harder to achieve.<a target="_blank" href="https://www.businessinsider.com/india-business-market-entry-barriers-tariffs-supply-chain-china-2023-6">Decision-making and policy changes</a> in the world's largest democracy, after all, can take far longer than they do in Communist China — a one-party state."Coalition governments require compromises. That reality could complicate any plans for ambitious structural reforms on land, labor, or opening India's markets to unfinished and intermediate inputs," wrote the Atlantic Council's Trivedi, who is also a partner at Albright Stonebridge Group.India's stock markets tanked on the shock election results, with the benchmark <a target="_blank" href="https://markets.businessinsider.com/index/sensex">Sensex</a> index crashing over 5% in one day on Tuesday following the news. It rebounded on Wednesday.Despite the knee-jerk reaction, most analysts are optimistic about India's economic outlook given that Modi is still in charge."Modi's broader economic reform agenda is likely to remain intact. And so, fears of India's key economic reforms unraveling are overdone," wrote Vishnu Varathan, the chief economist of Asia excluding Japan at Mizuho Bank.<h2 id="d51e0b52-c0b2-432c-977a-5640abaef074">India needs to get rich before it gets old</h2>But India has a longer-term problem: aging.India is the world's <a target="_blank" href="https://www.businessinsider.com/india-overtake-china-worlds-most-populous-nation-2023-un-2022-7">most populous country</a>. With a 1.4 billion population, it has a huge pool of young people; <a target="_blank" href="https://www.spglobal.com/en/research-insights/special-reports/look-forward/india-s-demographic-dividend-the-key-to-unlocking-its-global-ambitions">65% of its population</a> is under the age of 35.But aging is "rapidly progressing," according to the <a target="_blank" href="https://india.unfpa.org/en/news/indias-ageing-population-why-it-matters-more-ever">United Nations Population Fund.</a> By 2050, one in every five persons in India will be 60 years old or above, the fund wrote in a <a target="_blank" href="https://india.unfpa.org/sites/default/files/pub-pdf/20230926_india_ageing_report_2023_web_version_.pdf">report last year.</a>So, even though India has grown rapidly in recent years, it will need to grow much faster to get rich before it gets old, Raghuram Rajan, a professor at the University of Chicago Booth School of Business, told <a target="_blank" href="https://www.npr.org/sections/planet-money/2024/06/04/g-s1-2226/india-election-democracy-china-economy-manufacturing">NPR's "Planet Money"</a> in a podcast.It's not enough to power up India's manufacturing sector in the wake of China's breakneck growth — because so many other countries are doing the same thing, added Rajan, who is a former head of the Central Bank of India and a former chief economist of the International Monetary Fund.He said India will do better to capitalize on its services industry, especially since so many Indians are English speakers.Despite its challenges, India is still expected to post healthy growth in the near future. The IMF <a target="_blank" rel="noreferrer noopener" href="https://www.imf.org/en/Countries/IND">forecasts</a> India's economy will grow by 6.8% this fiscal year and 6.5% next fiscal year.

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Nifty, Sensex rallied around 1.5 % after Maharashtra election results, Experts noted short term rally

ANI

These 7 experts explain why Trump won, Harris lost — and what the election result means

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