(Mint)
Prime Minister Narendra Modi speaks to the media after his meeting with President Ram Nath Kovind, to stake claim to form the new government.  (Reuters )
Prime Minister Narendra Modi speaks to the media after his meeting with President Ram Nath Kovind, to stake claim to form the new government. (Reuters )

Narendra Modi to be sworn in as Prime Minister on 30 May

  • This will be the first time when a non-Congress party has managed to secure a majority on its own for the second consecutive term after Indira Gandhi had won in 1971
  • This, after the Bharatiya Janata Party won 303 seats in the seven-phased national polls

RIL m-cap zoomed to  ₹8,47,385.77 crore last week. Photo: Reuters
In March, L&T mounted a hostile takeover bid on Mindtree. Photo: Priyanka Parashar/Mint
 (Mint)
Now the focus of the market should be on economic growth cycle besides other factors, said analyst (PTI)
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Richana Khumanthem at her store in Imphal’s Sagolband neighbourhood. Photo: Priyanka Parashar/Mint

Made in Manipur

15 min read . 25 May 2019

Home is where the iftaar is

6 min read . 25 May 2019
 (Illustration: Jayachandran/Mint)

The voice at the other end

8 min read . 25 May 2019
Igor Štimac

A new dawn for Indian football?

6 min read . 25 May 2019
Alicia Vikander on the cover of ‘I Am Easy To Find’.

Indie rock’s masters of melancholia

5 min read . 25 May 2019
‘Autumn Maple Leaves At Takao’ by Dōmoto Inshō (1891-1975)

The beauty of what’s fleeting

4 min read . 24 May 2019
SpiceJet is a key player in the Union government's regional connectivity scheme UDAN operating 42 flights per day
SpiceJet is a key player in the Union government's regional connectivity scheme UDAN operating 42 flights per day

SpiceJet adds 100th plane to fleet, fourth domestic airline to do so

  • SpiceJet achieved the feat after national carrier Air India, now defunct Jet Airways and rival IndiGo
  • Spicejet in a release said it has added some 23 planes in the last one month alone

Meanwhile, May is set to continue as Prime Minister while the leadership contest takes place 10 June onwards
Meanwhile, May is set to continue as Prime Minister while the leadership contest takes place 10 June onwards

Eight candidates in the fray to replace Theresa May as British PM

  • While hard Brexiteer Boris Johnson, the former foreign secretary, is seen as the frontrunner to succeed May, the contest still remains wide open to at least seven other contenders
  • Prospective candidates have already begun laying out their bids for the top job

Newly elected BJD MPs meet party president and Odisha CM Naveen Patnaik at his residence in Bhubaneswar (Photo: PTI)
Modi visited the Maldives in November to attend President Ibrahim Mohamed Solih's swearing-in ceremony (Photo: Reuters)
ICC Cricket World Cup Warm-Up Match - India v New Zealand - Kia Oval, London. (Reuters )
ICC Cricket World Cup Warm-Up Match - India v New Zealand - Kia Oval, London. (Reuters )

Virat Kohli sees positives in lower order despite New Zealand drubbing

  • Twice champions India slumped to 39-4 in the 11th over before all-rounders Hardik Pandya (30) and Ravindra Jadeja (54) offered some resistance
  • Virat Kohli said The Oval surface got easier to bat on as the game progressed.

 (iStock)
Narendra Modi said India had lived with the tag of developing country and poverty for long, and should now remove these tags (Reuters)
Jet Airways founder Naresh Goyal (PTI file)
Ashok Leyland board has recommended a 310 per cent dividend for the last fiscal. Photo: R.V.S. Kumar/Mint
Shanti Ekambaram, president, consumer banking, Kotak Mahindra Bank
 (iStock)
 (iStock)
 (iStock)
The introduction of the regulatory sandbox approach to fuel innovation in fintech has been welcomed by experts. Photo: Mint
Prime Minister Narendra Modi gestures towards his supporters after the election results at BJP headquarter (Reuters )
The logo of Reserve Bank of India (RBI) inside its headquarters in Mumbai.  (Reuters )
The logo of Reserve Bank of India (RBI) inside its headquarters in Mumbai. (Reuters )

RBI releases draft liquidity framework guidelines for ailing NBFCs

  • NBFCs will have to maintain minimum high quality liquid assets of 100% of total net cash outflows over the following 30 calendar days
  • The LCR is proposed for all deposit taking NBFCs, and non-deposit taking NBFCs with an asset size of 50 billion rupees ($720 million) and above

Congress President Rahul Gandhi (Mint file)
Congress President Rahul Gandhi (Mint file)

Rahul Gandhi offers to resign as Congress president, CWC rejects

  • The Congress Working Committee authorised Rahul Gandhi to take all the required steps to restructure the party
  • The resolution adopted by the CWC also called for a 'thorough introspection and complete overhaul' of the party at the earliest, while committing to bring about a plan soon to this effect

YSR Congress President Y.S. Jagan Mohan Reddy (Mint file)
YSR Congress President Y.S. Jagan Mohan Reddy (Mint file)

Governor invites Jagan Mohan Reddy to form govt in Andhra Pradesh

  • The swearing-in ceremony will be held at the Indira Gandhi Municipal Corporation stadium, Vijayawada, on 30 May
  • Reddy, son of late chief minister Y.S. Rajasekhara Reddy, led his YSR Congress to a landslide, winning 151 of the 175 Assembly seats in Andhra Pradesh

Photo: Bloomberg
The government has set a target of 1 billion tonne of coal production by 2019-20 for the mining major, but is considering relaxing the timeline
The government has set a target of 1 billion tonne of coal production by 2019-20 for the mining major, but is considering relaxing the timeline

India's coal import rises 13% to 21 MT in April

  • Of the total imports during April 2019, non-coking coal or thermal coal shipments were at 15.08 MT
  • Coal and coke imports during 2018-19 increased by 9.66% to 235.35 MT as compared to 214.61 MT imported in FY2017-18

As per the latest data, in the month of March 2019, around 8.27 lakh EPF subscribers were added. Photo: Mint
L&T had proposed to buy additional stake in Mindtree through an open offer. Photo: Priyanka Parashar/Mint
BJP President Amit Shah and Indian Prime Minister Narendra Modi gesture after the election results in New Delhi.  (Reuters )
BJP President Amit Shah and Indian Prime Minister Narendra Modi gesture after the election results in New Delhi. (Reuters )

Narendra Modi meets President Ram Nath Kovind, stakes claim to form government

  • President Ram Nath Kovind appointed Modi to the office of the Prime Minister of India, and asked him to decide the council of ministers and the date of his swearing-in ceremony
  • In the first back-to-back majority in LS polls for a single party in over three decades, the BJP won 303 seats out of 542

British Prime Minister Theresa May speaks in the street outside 10 Downing Street in London, England. (Photo: AP)
British Prime Minister Theresa May speaks in the street outside 10 Downing Street in London, England. (Photo: AP)

Downfall of Theresa May, the Prime Minister broken by brexit

  • For May, 62, it was the end she had dreaded but could no longer avoid
  • Here's how Brexit policy finally came together to oppose the prime minister’s last desperate plan

Voters wait in queues to cast their votes at a polling station. Photo: PTI
The gross power generation of the NTPC Group for FY2018-19 was 305.90 billion units
The gross power generation of the NTPC Group for FY2018-19 was 305.90 billion units

NTPC profit jumps nearly 49% to 4,350 crore in March quarter

  • NTPC Ltd recommended a final dividend for 2018-19 at the rate of 25­% of the paid-up share capital
  • NTPC's total income slipped to 22,545.61 crore in the March quarter from 23,617.83 crore year ago

Travellers on the Deccan Odyssey are greeted with fanfare. (Photo: Alamy)
Travellers on the Deccan Odyssey are greeted with fanfare. (Photo: Alamy)

The most luxurious train in the world

  • Travelling by rail? The author of an around the world rail-travel book has some tips
  • Always find out the emergency number in every single country you’re travelling in

Photo: Reuters
Photo: Reuters

Novartis gets US approval for $2.1 million gene therapy

  • Zolgensma was a one-time treatment for spinal muscular atrophy, a disease that affects about 1 in 10,000 births
  • New gene therapy was a transformative new type of treatment and was 50 percent cheaper than current treatments, says Novartis

Photo: Mint
 (Illustration: Sudhir Shetty)
A combination of picture created in London on May 24, 2019 shows Britain's Prime Minister Theresa May (L) laughing on the step of 10 Downing Street on the first day she takes office on July 13, 2016 and Britain's Prime Minister Theresa May (R) annoucing her intention to resign on May 24, 2019.  (AFP )
A combination of picture created in London on May 24, 2019 shows Britain's Prime Minister Theresa May (L) laughing on the step of 10 Downing Street on the first day she takes office on July 13, 2016 and Britain's Prime Minister Theresa May (R) annoucing her intention to resign on May 24, 2019. (AFP )

Opinion | How Brexit consumed a British prime minister

Theresa May couldn’t break a political stalemate that’s British national divisions. That’s her legacy, but only partly her fault

Apart from the dry days, alcohol companies also had to restrict production during the entire polling cycle.
Apart from the dry days, alcohol companies also had to restrict production during the entire polling cycle.

Liquor firms cheer end of poll dry days

  • Sale of alcohol was barred at stores, bars, restaurants and hotels 48 hours before polling ended
  • The elections were held across seven phases from 11 April to 19 May. 23 May, the day of counting, was also a dry day

IHH Healthcare won a multi-pronged bidding war to buy Fortis in July 2018.
Y is for Yeti, the most unlikely cameo in the election season after its footprints were allegedly photographed by the Indian Army.
Y is for Yeti, the most unlikely cameo in the election season after its footprints were allegedly photographed by the Indian Army.

Opinion | A glossary of the festival of democracy

  • After all the sound and fury, an alphabetical guide to the recent election
  • Let it not be said we learnt nothing new

 (Illustration: Sudhir Shetty)
A file photo of Vijay Mallya. (Reuters)
People look at the screen on BSE building as the sensex soars on the vote counting day for the 2019 Lok Sabha polls, in Mumbai.  (PTI )
In the final tally of 8,048 candidates, only 711 were women. Photo: PTI
In the final tally of 8,048 candidates, only 711 were women. Photo: PTI

Opinion | 3 things we will remember about the Lok Sabha elections 2019

  • The 2019 elections were marked by a flood of fake news and disappointingly few female candidates
  • From Kunal Kamra to Satish Acharya, political dissenters got creative

 (Photo: iStock)
(Photo: iStock)

How to start investing from your first pay cheque

  • The right way to inculcate the discipline of savings and investment is to start setting aside certain amount that you can spare from the first pay cheque itself
  • There are more millennials who have taken the baton of managing the household from their first paycheck itself

US President Donald Trump and PM Narendra Modi shaking hands at White House in Washington. (File photo: AP)
The logo of Apple is seen at a store in Zurich, Switzerland. Photo: Reuters
The sale was carried out through stock exchanges at the prevailing market price. (Pradeep Gaur/Mint)
Under Ujjwala scheme, 70 million underprivileged households benefited in the last three years.ht
The BJP always knew that the Bengal campaign would be tough and that Mamata Banerjee, chief minister of Bengal, would not cede ground so easily
The BJP always knew that the Bengal campaign would be tough and that Mamata Banerjee, chief minister of Bengal, would not cede ground so easily

Operation Bengal pays off for BJP

Riding on a latent anti-incumbency, the BJP devised a unique campaign strategy to take on Mamata Banerjee

Thane: BJP supporters celebrate the party's lead during the counting of votes for Lok Sabha elections 2019, at BJP office in Thane.  (PTI )
Thane: BJP supporters celebrate the party's lead during the counting of votes for Lok Sabha elections 2019, at BJP office in Thane. (PTI )

Ten charts that explain the 2019 Lok Sabha verdict

India seems to be witnessing the rise of a new political order, with a broad-based Hindu alliance driving the growth of the Bharatiya Janata Party

 (Photo: Aniruddha Chowdhury/Mint)
Prime Minister Narendra Modi (AFP file)
 (Photo: PTI)
Karnataka chief minister H.D.Kumaraswamy (right) with deputy CM G.Parameshwara. (HT)
Karnataka chief minister H.D.Kumaraswamy (right) with deputy CM G.Parameshwara. (HT)

Karnataka: JD(S)-Congress to continue coalition government

  • Deputy CM Parameshwara says the JD(S)-Congress will continue its term in office as the election mandate was for the Lok Sabha and not for the state
  • An informal cabinet meet was convened by CM Kumaraswamy to discuss the next course of action for the state government