Rahul Gandhi loses family bastion Amethi, concedes defeat to BJP’s Smriti Irani

• In the 2014 Lok Sabha elections, despite the party’s poor performance, Gandhi had defeated Irani on the seat with a margin of more than 1 lakh votes
• The Congress has held the seat since 1967 except in the short-lived 6th and the 12th Lok Sabha

Modi 2.0 muscles into new territories, retains Hindi bastion

• The BJP has created history by becoming the first non-Congress government to return to power with a full majority
• The saffron party has swept the Hindi heartland and Gujarat, and also managed to secure a strong foothold in West Bengal, Odisha, Tripura, Maharashtra, and Karnataka

Five economic challenges staring at Modi 2.0

• If the investment slowdown was not worrying enough, the recent consumption slump will add to the policy challenges for the new government
• The government in its full Budget which is likely to be presented in July will be tempted to breach the fiscal discipline

BJP, JD (U) set to trounce Mahagathbandhan in Bihar

• The BJP and the JD(U) are leading in 16 and 15 seats each, respectively
• The Mahagatbandhan has had a poor showing, with the RJD leading in two seats

Modi 2.0: Sensex @45,000 is Morgan Stanley’s new one-year target

• Morgan Stanley expects the RBI to be more accommodative and the economy to come out of its soft patch
• The ongoing trends suggest that there will be continuity in administration, says Morgan Stanley

Opinion | Narendra Modi reigns supreme. Now India's economy awaits

• The prime minister’s remarkable election victory offers a momentous chance to correct the missteps of his first term
• Investors will want to know if Modi still has an appetite for arbitrary action, such as his overnight ban on 86% of the country’s cash

Liberalization of debt financing norms: The need to evaluate investment models

• The simplified ECB regime opens new avenues for foreign investors for financing their Indian ventures
• Eligible borrowers include all entities eligible to receive FDI vis-à-vis the earlier restricted list of specified entities

Jagan Reddy storms to power in Andhra Pradesh as YSRCP decimates TDP

• YSR Congress supremo Jagan Mohan Reddy to be sworn in as the chief minister of AP on 30 May
• YSRCP wins close to 150 of the total 175 assembly seats and a whopping 23 out of 25 Lok Sabha seats

BJP wave blows cover off inconvenient JD(S)-Congress coalition in Karnataka

• Election results raise a question whether the Kumaraswamy-led coalition could continue in office with such glaring differences between JD(S) and Congress that cannot be ignored any longer
• Kumaraswamy says leaders of both the parties will hold a discussion about the loss

Spectrum auction, 5G trials top Telecom Ministry agenda for new government

• The most prominent among the plans are the task of issuing 5G network trial licenses to the telcos
• Another area awaiting decisions are settling issues on merger and transfers of licenses of the mergers and acquisitions taken so far

People understood and gave the mandate: BJP's Roopa Ganguly on LS verdict

Roopa Ganguly spoke to Mint about the party’s past and future strategies

Credit view on India hinges on policies of new govt: Moody's

• Moody's expects the broad push towards fiscal consolidation to remain
• As per the trend, BJP-led NDA will form the government at the Centre for the second successive term with absolute majority

Election Results 2019: Is this the end of Lalu era?

• Lalu Prasad, RJD president and former chief minister, is now serving a jail sentence in Ranchi
• Reported infighting in his family is also adding to the wipeout of his party

Form 15H amended, senior citizens to get higher TDS exemption on interest income

• Senior citizens with a taxable income of up to ₹5 lakh can now submit in banks and post offices Form 15H to claim exemption from TDS on interest income on deposits
• Earlier, the limit for seeking TDS exemption was ₹2.5 lakh

Modi set to sweep, what does it mean for your money

• Experts suggest it is a good time bet on large-cap as segment has had a good run in last one year
• After one or two weeks, the focus will again shift from Lok Sabha elections to global issues like crude prices

Election results 2019: Many hope NDA-II to roll back LTCG tax on equity

• Sensex also hit 40,000 for the first time as the early leads suggested a clear BJP victory
• The new government should definitely work something out in terms of taxation and remove the 10% LTCG tax, says financial advisor

Tejasvi Surya: BJP’s wunderkind rides the Modi wave in Bengaluru South

• Surya stood for the seat that had been held by the late Ananth Kumar a record six times
• Surya's Brahmin roots came in handy to win a seat that had a high number of Brahmin voters

Modi web-series returns on screen, biopic to release tomorrow

• PM Narendra Modi, the biographical film on Modi starring Vivek Oberoi will release this Friday
• 'The film will directly benefit from the Modi wave in the nation and its celebratory mood right now,' says Atul Mohan

Opinion | The great electoral mandate and the wisdom of crowds

Large groups of people are often collectively smarter than individual experts with specialized domain knowledge

India’s metros are driving BJP’s rise to the top

BJP’s aggregate vote-share across the six biggest cities of the country has seen a sharp rise in each Lok Sabha election since 2009

Market experts sound note of caution on election euphoria

• "From here onwards focus will shift to priorities in public expenditure, and economic reforms,” said Sachin Relekar, CIO (Equities) at LIC Mutual Fund
• Some fund managers have advocated taking a long term view

Election Results 2019: Stars power in electoral box office

• Celebrities such as Hema Malini, Sunny Deol, Nusrat Jahan, Ravi Kishan Shukla, Babul Supriyo, Manoj Tiwari, Hans Raj Hans, among others, are leading in their respective constituencies
• The Narendra Modi-led BJP is set to return to power at the Centre

Gold needs a bigger trigger than trade wars to find its lost charm

• Gold has lost out to the dollar in being a safe haven. It has fallen almost 5% from its Feb high of $1,340.96/oz
• For now, despite the bleak global economic outlook, the odds don’t seem to favour the precious metal

Things to consider before investing in bonds directly

• Even after investing, keep monitoring any change in the circumstances of the issuer
• Credit rating can help evaluate risk when you invest, but subsequent deterioration may not get captured well in time

How EVM strong-rooms are secured as per the Election Commission

• In the past two days, video clips have gone viral, purportedly showing 'unauthorised' transportation of the EVMs at various places
• As per its guidelines, the EVMs are transported back to the reception centres under proper escort by a contingent of central paramilitary forces and state police

HD Deve Gowda, veteran of Karnataka politics, stares at defeat

• H.D. Deve Gowda continues to trail by nearly 18,000 votes against BJP candidate G.S. Basavaraj in Tumakuru parliamentary seat at 12.10 pm
• Gowda has served as a member of the Karnataka legislative assembly since 1962 for seven terms

Snapdeal may acquire ShopClues at a likely valuation of $250 million

• This will mark Snapdeal’s first purchase after it re-focused its business to unbranded categories
• The potential acquisition will mark further consolidation in India’s e-commerce sphere

What a declining user base means for telcos in India

• India’s mobile subscriber base shrunk by 21.86 million users in March, shows data made public by the Telecom Regulatory Authority of India (Trai) on Tuesday
• This has been the trend for more than a year. Mint decodes the reasons and what this means for telecom firms.

What India’s economy could look like in 2030

Visions of AI and human-machine interaction are reshaping the Indian economy. What does the future look like?

Fortis investors move Sebi over delay in IHH open offer, seek interest

• Shareholders say IHH Healthcare has not done enough for them to realize the value of their investment
• The shareholders have also appealed to Sebi to issue directions to IHH Healthcare to ensure early resumption of the open offer tendering process

Over 40 pension, PF trusts have exposure of ₹3,300 cr to DHFL

• CARE Ratings has downgraded ₹1.13 trillion of bonds, loans and fixed deposits of DHFL
• Several provident and pension funds are also invested in housing firm Indiabulls Housing Finance

Nerves and night vigils for EVMs as counting day dawns

• Controversy over EVMs dominates political narrative on eve of counting
• Electronic voting machines are kept in strongrooms guarded by central paramilitary forces

Investors bet on infrastructure despite mixed show over past five years

• To be sure, the new government will have a lot on its plate, especially as consumption demand has been slowing
• The NDA has also had a favourable impact on road development in the past five years

Cipla finally delivers growth in the March quarter, all eyes on FY20 now

• The beat was driven by its US business, where revenues jumped 41% from a year ago, due to new product launches
• What’s more, margins hit a multi-quarter high as limited competition drug launches in the US boosted profitability

Netflix pushing into smaller towns with new shows, lower charges

• In a bid to widen access, Netflix is testing a mobile-only subscription, starting at ₹250 a month or ₹65 a week
• Industry experts say the challenge for Netflix still is to get Indian consumers to pay for its niche content

Should you invest in the DSP Quant Fund NFO?

• DSP Quant Fund to select stocks based on pre-determined rules to eliminate bias
• The NFO of DSP Quant Fund will remain open till 3 June

IndiGo clocks record market share at 49.9% in April

• IndiGo flew a record 54.81 lakh passengers during April
• Air India and SpiceJet flew 15.23 lakh and 14.4 lakh domestic passengers, respectively, during April

China behind ‘sudden rise’ in CFC emissions, say scientists

• The results are disconcerting as the emissions had been declining substantially since the mid 1990s until 2012
• China, the US, and the European Union are the top three emitters of greenhouse gases

AirAsia India to double its fleet; plans to start international services by Oct

• AirAsia India, which started operations on 12 June 2014, had a market share of 6.2% of the domestic traffic in April
• The official ruled out plans to induct long range A321 neo planes in its fleet

Bank of Baroda Q4 loss narrows to ₹991 crore as asset quality improves

• The provisions for NPAs declined to ₹5,550 crore as compared to ₹7,053 crore in March 2018
• According to 19 Bloomberg analysts, the bank was expected to post a profit of ₹913 crore

TVF valuation doubles to $80 mn after fresh fundraise from Tiger

• Tiger has backed TVF on the back of a slew of successful shows, especially Kota Factory—a five-part satirical comedy series
• The investment also marks a valuation turnaround after TVF raised $6 million from Tiger last July in a down round valuing it at $40 million