Karnataka Cabinet reshuffle after LS poll results?

News Network
May 28, 2024

Bengaluru: Mines and Geology Minister S S Mallikarjun on Monday did not rule out a Cabinet reshuffle after the election results. 

"You should ask the chief minister. But one can't say... it (reshuffle) might happen," Mallikarjun told reporters when asked about speculation that some ministers may be dropped. 

Mallikarjun said this a week after Chief Minister Siddaramaiah said there was no plan to reshuffle his Cabinet. 

There is speculation over a Cabinet rejig and that the Congress high command would hold ministers accountable if the party does badly in the Lok Sabha polls. 

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News Network
June 3,2024

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The share market has posted a massive jump in the early trade, banking on the hopes of political stability as predicted by the exit polls. The 30-share Sensex rallied over 2,000 points this morning while the 50-stock Nifty recorded its biggest jump in four years during the market opening.

Both Sensex and Nifty, the indexes of the Bombay Stock Exchange and the National Stock Exchange, hit their record high levels today. All Sensex and Nifty stocks are now in the green.

At pre-open, Nifty surged over 800 points or 3.58% to 23,227.90 while the Sensex jumped 2,621.98 points or 3.55% to 76,583.29.

Adani Ports, Adani Enterprises, Power Grid, Shriram Finance, and NTPC are among the top performers that led the market rally with significant gains. The latest GDP data suggesting a robust 8.2% fiscal growth also bolstered the market sentiment. 

"Buoyant sentiments are driven by India's impressive Q4FY24 GDP growth of 7.8 per cent, surpassing expectations, with the fiscal year's growth standing at 8.2 per cent," said Varun Aggarwal, founder and managing director of Profit Idea. He also cautioned that the market will remain volatile in anticipation of the results pending tomorrow.

An aggregate of 12 exit polls on Saturday predicted the BJP will return to power with the ruling NDA alliance with 365 seats. A party or an alliance needs at least 272 seats to form government in the country. The market prefers political stability and a change in government usually risks volatility in the share market, according to analysts. 

The exit polls have also predicted that the BJP is set to break ground in Kerala and Tamil Nadu in the south, and make large gains in Odisha and Bengal in the east. There is, however, a health warning: exit polls do not always get it right. 

While the BJP has welcomed the exit poll predictions, the Opposition has dismissed the forecast and said the counting day will throw a completely different picture. Following a meeting of the Opposition leaders part of the INDIA bloc, Congress chief Mallikarjun Kharge Saturday said that the bloc will win at least 295 seats out of the total 543.

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News Network
June 12,2024

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In a remarkable event, the 130-year-old Algerian woman received a warm reception as Saudi officials welcomed her upon her arrival in the Kingdom of Saudi Arabia.

A woman named Sarhouda Setit made the journey to the Kingdom of Saudi Arabia (KSA) to participate in the annual Hajj 2024 (1445 AH). Before embarking on her journey, Setit underwent the necessary preparations to assume the state of Ihram.

Saudi Airlines celebrated her arrival as she was the oldest pilgrim to the Kingdom. The Saudi group published on its official handle on X about the arrival of the oldest pilgrim from Algeria.

Her determination to the Haj despite her age garnered significant attention from people around the world.

This year, many groups in the Kingdom of Saudi Arabia from all over the world have arrived in KSA to perform one of the five pillars of Islam.

Saudi authorities are preparing to host more than 1.5 million pilgrims who will undertake their Hajj pilgrimage this week. It is expected that the numbers will increase during the coming period.

For Muslims across the globe, Hajj is the annual pilgrimage to Makkah holy city where scared Kabba is located.

Once in life, Hajj is a mandatory religious duty for Muslims, and it is considered one of the five pillars of Islam. The necessity of Hajj for Muslims is rooted in several key aspects.

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News Network
June 5,2024

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BJP heavyweights Smriti Irani, Arjun Munda and Ajay Mishra Teni, among others, were unseated in the 2024 Lok Sabha elections. These losses, particularly in the Hindi heartland, have forced the BJP to lean on its NDA partners to form the government. 

This marks a deviation from the sweeping mandates of 2014 and 2019, when the BJP garnered 282 and 303 seats respectively, achieving a majority on its own.

The Election Commission of India has declared the results for 542 out of the 543 Lok Sabha constituencies so far. The BJP has secured 240 seats, while the Indian National Congress trails with 99.

The Ones Who Lost

Smriti Irani: One of the most high-profile defeats was that of Smriti Irani in Amethi. Ms Irani, who had famously defeated Rahul Gandhi in 2019, lost to Congress candidate Kishori Lal Sharma by a margin of 1,67,196 votes. This defeat marked the end of an era in Amethi, which had briefly been a BJP bastion under Ms Irani's stewardship.

Ajay Mishra Teni: The Union Minister of State for Home Affairs, embroiled in the controversial Lakhimpur Kheri incident, was defeated by the Samajwadi Party's Utkarsh Verma by over 34,329 votes.

Arjun Munda: The Union Tribal Affairs Minister faced a crushing defeat in Jharkhand's Khunti constituency, losing to Congress candidate Kalicharan Munda by 1,49,675 votes. 

Kailash Choudhary: In Rajasthan's Barmer, Minister of State for Agriculture and Farmers' Welfare, Kailash Choudhary, finished third, trailing by 4.48 lakh votes behind the victorious Ummeda Ram Beniwal of the Congress.

Rajeev Chandrasekhar: In Kerala's Thiruvananthapuram, the Union Minister of State for Electronics and Information Technology, Rajeev Chandrasekhar, lost to Congress stalwart Shashi Tharoor by over 16,077 votes. 

The BJP's setbacks weren't limited to these prominent figures. Ministers such as Mahendra Nath Pandey, Kaushal Kishore, Sadhvi Niranjan Jyoti, Sanjeev Balyan, Rao Saheb Danve, RK Singh, V Muraleedharan, L Murugan, Subhas Sarkar and Nishith Pramanik also faced defeats in the polls.

Mahendra Nath Pandey, the Union Minister of Heavy Industries lost his Chandauli seat in Uttar Pradesh. Minister of State for Housing and Urban Affairs, Kaushal Kishore lost against Samajwadi Party's RK Chaudhary by 70,292 votes in Mohanlalganj.

Sadhvi Niranjan Jyoti, the Union Minister of State for Consumer Affairs, Food, and Public Distribution, lost in UP's Fatehpur. Rao Saheb Danve, the Minister of State for Railways, lost the Jalna seat in Maharashtra to Congress' Kalyan Vaijnath Rao Kale. Cabinet Minister Rk Singh lost to CPI(ML)'s Sudama Prasad from Bihar's Arrah.

Union Minister Sanjeev Balyan was defeated in the Muzaffarnagar Lok Sabha seat by Samajwadi Party's Harendra Singh Malik by a margin of over 24,000 votes.

V Muraleedharan, the Union Minister of State for External Affairs and Parliamentary Affairs, was defeated in Kerala's Thiruvananthapuram. L Murugan, the Minister of State for Fisheries, Animal Husbandry, and Dairying, lost to DMK's A Raja in Tamil Nadu's Nilgiris by a substantial margin of 2,40,585 votes.

Nishith Pramanik, the Union Minister of State for Home Affairs, lost the Cooch Behar seat in West Bengal to TMC's Jagadish Chandra Basunia by over 39,000 votes.

Minister of State for Education Subhas Sarkar was defeated by Trinamool Congress candidate Arup Chakraborty in the Bankura Lok Sabha seat of West Bengal by a margin of 32,778 votes.

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