Prime Minister Narendra Modi gestures towards his supporters after the election results at Bharatiya Janata Party (BJP) headquarter in New Delhi. (Reuters )
Prime Minister Narendra Modi gestures towards his supporters after the election results at Bharatiya Janata Party (BJP) headquarter in New Delhi. (Reuters )

Fixing the economy should be the priority for the new government

  • The economic growth rate has steadily slowed from a peak of 8.3% in the last quarter of fiscal year 2018 to 6.6% in the third quarter of fiscal year (FY) 2019
  • This has implications for the jobs and incomes of 250 million households

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

US President Donald Trump and PM Narendra Modi shaking hands at White House in Washington. (File photo: AP)
SpiceJet had in 2017 placed a huge order of 205 Boeing aircraft valued at $22 billion at list prices. (Ramesh Pathania/Mint)
Photo: Bloomberg
Currently Sebi has divided FPIs into three categories. Photo: Reuters
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.
 (ANI )
(ANI )

Surat: 19 students die as fire engulfs commercial complex

  • A fire official said 19 fire tenders and two hydraulic platforms were pressed into service to douse the fire
  • Locals were seen helping in the rescue operation to save stranded students as well as other occupants of the four-storey building

Union ministers after the conclusion of the Cabinet meeting at South Block in New Delhi on Friday. (PTI)
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

Photo: Mint
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

If you’ve watched the animated 1992 Aladdin enough – either with children or as a child yourself – you might find yourself uttering the lines in Ritchie’s film before they’re spoken onscreen.
If you’ve watched the animated 1992 Aladdin enough – either with children or as a child yourself – you might find yourself uttering the lines in Ritchie’s film before they’re spoken onscreen.

Film review: ‘Aladdin’ is a whole old world

  • This live action remake is practically the same as the 1992 animated film, yet diminished
  • Will Smith appears as the genie, a part made famous by Robin Williams

Congress president Rahul Gandhi. AFP
The sale was carried out through stock exchanges at the prevailing market price. (Pradeep Gaur/Mint)
BJP supporters celebrate the party's lead in the 2019 Lok Sabha polls, on the vote counting day, outside the party headquarters in New Delhi, Thursday, May 23, 2019. (PTI Photo/Ravi Choudhary)
BJP supporters celebrate the party's lead in the 2019 Lok Sabha polls, on the vote counting day, outside the party headquarters in New Delhi, Thursday, May 23, 2019. (PTI Photo/Ravi Choudhary)

Investor wealth rises 2.53 lakh cr as markets surge after BJP's massive win

  • The Bharatiya Janata Party (BJP) has won over 300 seats on its own out of 542 seats in the Lok Sabha elections
  • Led by the rally in equities, the market capitalisation of BSE-listed companies rose by 2,53,830.19 crore to 1,52,71,407.47 crore

Under Ujjwala scheme, 70 million underprivileged households benefited in the last three years.ht
Narendra Modi displays the victory symbol after his party sweeps majority in Lok Sabha elections 2019
Narendra Modi displays the victory symbol after his party sweeps majority in Lok Sabha elections 2019

A $1.4 trillion India spending push tops Modi 2.0 agenda

  • BJP’s manifesto targets 100 trillion of capital investment in infrastructure by 2024
  • Fitch Ratings said improving the India’s weak government finances will be crucial for the new administration

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

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 )

Day after BJP's massive victory, all eyes now on government formation

  • Newly elected MPs of the BJP-led NDA will meet on Saturday to formally elect Prime Minister Narendra Modi
  • In first back-to-back majority in the Lok Sabha polls for a single party in over three decades, the Modi-led BJP won 303 seats out of 542 in the Lok Sabha polls

India's benchmark Sensex and Nifty indices on Friday surged over 1.6%.
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)
L&T had proposed to buy additional stake in Mindtree through an open offer. Photo: Priyanka Parashar/Mint
The bookings under the three-day sale will start from May 27. (Ramesh Pathania/Mint)
The bookings under the three-day sale will start from May 27. (Ramesh Pathania/Mint)

GoAir offers one million seats for fares starting at 899

  • The bookings under the three-day sale will start from May 27
  • The sale offer will give customers the freedom to choose their date, time and cost of travel between June and December

 (Photo: PTI)
Inox Leisure shares hit a record high of  ₹355 today
 (AFP file)
 (Bloomberg)
Sensex ended 623 points higher at 39,434
Sensex ended 623 points higher at 39,434

Sensex ends at record closing high, a day after Modi's historic win

  • Oil prices have seen a sharp fall as US-China trade tensions dampened demand outlook
  • SBI, ICICI Bank, IndusInd Bank and Axis Bank saw strong gains

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

 (Mint file)
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 )
BJP president Amit Shah and Prime Minister Narendra Modi at the party headquarters in New Delhi
BJP president Amit Shah and Prime Minister Narendra Modi at the party headquarters in New Delhi

10 reasons why the BJP swept the polls

  • Modi made people believe in themselves and in him
  • Modi’s nationalism brought down the traditional hurdles of caste and, in some areas, religion, too

Five sitting MPs retained their constituencies with record margins in the national capital. Photo: Hindustan Times
Five sitting MPs retained their constituencies with record margins in the national capital. Photo: Hindustan Times

197 sitting MPs retain seats in 2019 Lok Sabha polls

  • Kiren Rijiju, Jual Oram, Raja Mohan Singh, Nitin Gadkari and Babul Supriyo are among over 145 sitting BJP MPs from across the country who have retained their seats
  • The NCP had renominated sitting MP Mohammed Faizal P P from Lakshadweep and secured the seat in 2019 as well

Indian National Congress Party president Rahul Gandhi looks on during a press conference, in New Delhi on May 23, 2019. - Rahul Gandhi, leader of India's main opposition Congress party, conceded on May 23 he had lost his seat in the famous family's long-held home constituency. (Photo by SAJJAD HUSSAIN / AFP)
Indian National Congress Party president Rahul Gandhi looks on during a press conference, in New Delhi on May 23, 2019. - Rahul Gandhi, leader of India's main opposition Congress party, conceded on May 23 he had lost his seat in the famous family's long-held home constituency. (Photo by SAJJAD HUSSAIN / AFP)

Congress stares at erosion of its political credibility

  • Results a poor reflection on Rahul Gandhi’s leadership capabilities and Congress’ poll strategy to take on the BJP
  • Congress' campaign did not find resonance with the people and only those candidates who were strong locally, ended up winning

 (Ramesh Pathania/Mint)
Jokha Alharthi
The company posted a profit of  ₹743.12 crore for the same period of 2017-18. (R.V.S. Kumar/Mint)
The company posted a profit of 743.12 crore for the same period of 2017-18. (R.V.S. Kumar/Mint)

Ashok Leyland Q4 net dips 12% at 653 crore

  • The company posted a profit of 743.12 crore for the same period of 2017-18
  • The company's board recommended a dividend of 3.10 per share of Re 1 each for 2018-19

The decision comes days after Amul hiked milk prices by  ₹2 per litre. (Pradeep Gaur/Mint)
The decision comes days after Amul hiked milk prices by 2 per litre. (Pradeep Gaur/Mint)

Mother Dairy hikes milk prices by up to 2 a litre

  • Mother Dairy will raise the price of its poly pack milk variants in Delhi NCR from Saturday
  • The 1 litre pack has been increased by Re 1 only and the 500 ml pack by 2 a litre, effectively impacting the consumer by Re 1 per pack

JSW Steel has decided to raise its capex programme by  ₹5,700 crore to  ₹48,715 crore (Mint file)
JSW Steel has decided to raise its capex programme by 5,700 crore to 48,715 crore (Mint file)

JSW Steel profit halves to 1,495 crore in Q4

  • Consolidated revenue for the March quarter stays flat at 19,264 crore
  • For FY19, JSW Steel reports a net profit of 7,524 crore, up 23% year-on-year from 6,113 crore in FY18

Narendra Modi speaks after winning the Lok Sabha Elections at the Bhartiya Janata Party (BJP) headquarters in New Delhi. Photo: T. Narayan/Bloomberg
Prajwal Revanna (Twitter@ANI)
The Sensex had surged over 1,000 points at day's high (Photo: Aniruddha Chowdhury/Mint)
The Sensex had surged over 1,000 points at day's high (Photo: Aniruddha Chowdhury/Mint)

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

A Falcon 9 SpaceX rocket, with a payload of 60 satellites for SpaceX's Starlink broadband network, lifts off from Space Launch Complex 40. (Photo: AP)
A Falcon 9 SpaceX rocket, with a payload of 60 satellites for SpaceX's Starlink broadband network, lifts off from Space Launch Complex 40. (Photo: AP)

SpaceX launches first 60 satellites of its internet network

  • One of the company's Falcon 9 rockets blasted off without incident from Cape Canaveral in Florida around 10:30 pm
  • Starlink will become operational once 800 satellites have been activated

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.  (Photo: ANI)
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. (Photo: ANI)

Equity market gets a reality check as election season ends

  • Stocks fell after rallying to records and the rupee slid as investors refocused on domestic realities, and posted modest gains on Friday
  • The government is already borrowing a record $100 billion, a key reason behind why a big rally has eluded local bonds

Netflix is for the second straight year largely absent from Cannes. (Photo: Bloomberg)
Netflix is for the second straight year largely absent from Cannes. (Photo: Bloomberg)

Netflix isn't absent at Cannes. It's everywhere.

  • A study conducted by the Sorbonne captured just how vital Netflix has been to festival marketplaces
  • 39% of Cannes premieres since 2009 have gone on to stream on Netflix, although most first had theatrical runs

Tejasvi Surya, BJP MP from Bengaluru South. (PTI)