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In the run-up to the November 20 Maharashtra assembly elections, police have seized Rs 2.3 crore cash from 12 persons at Kalbadevi in south Mumbai, officials said on Friday. Acting on inputs, a team of Lokmanya Tilak Marg police station and poll officials intercepted a group of people on Thursday night. While a search led to the discovery of Rs 2.3 crore, the individuals could neither produce any documents linked to the cash nor explain why they were carrying so much money, an official said. As the model code of conduct for the state elections is in force, surveillance teams formed on the instructions of the Election Commission are checking the movement of potential inducements like cash, liquor, and other items. After paperwork and questioning, which went on till the early hours of Friday, the money was seized and the 12 persons carrying the cash were detained, he said. The cash was later handed over to the Income Tax department for further probe, the official added.

Elections

TREND | 07 Nov 2024

US Election 2024: India To Get Larger Share Of US Import Basket, Says Nilesh Shah

NDTV Profit

Nilesh Shah emphasises that India's export potential could rise significantly as the US adopts stricter trade measures against China, fostering a more predictable geopolitical and trade environment.

Rise With Profit: Donald Trump Wins US Election, MSCI Rejig, Germany's Coalition Collapse | Podcast

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Elections

TREND | 07 Nov 2024

Maharashtra polls: Paid leave for employees in Mumbai to increase turnout

Business Standard

The Mumbai district election officer has said all establishments, businesses and other workplaces within the Brihanmumbai limits are mandated to grant leave to their employees for voting in the Maharashtra assembly polls on November 20. Violations to this directive by employers will result in action under the Election Commission's guidelines, district election officer and Brihanmumbai Municipal Commissioner Bhushan Gagrani said in a release issued on Wednesday. Aiming to enable all eligible voters in Mumbai Suburban and Mumbai City districts to exercise their voting rights, Gagrani has implemented various initiatives to boost the voter turnout here. The release said employers must grant leave to their employees for voting on November 20 in their constituencies and the rule applies to all industrial sectors, corporations, companies and other establishments, ensuring that no wage deductions occur due to this leave. In cases where a full-day leave is not feasible due to exceptional ..

Elections

TREND | 06 Nov 2024

Trump Media suffers $19.2 million Election Day loss, shares surge higher

Business Standard

The parent company of Donald Trump's social networking site Truth Social lost USD 19.2 million in the last quarter, according to an earnings report released on the same day he won back the presidency. Trump Media and Technology Group reported late Tuesday that much of that loss stemmed from more than USD 12 million in legal fees, along with a decline in revenue, according to the surprise Election Day earnings report. Its stock price surged Wednesday but that was more likely due to Trump's defeat of Vice President Kamala Harris to retake the presidency than on its profit prospects. Trump created the company after he was banned from Twitter and Facebook following the January 6, 2021, Capitol riot. Based in Sarasota, Florida, it has been losing money and struggling to raise revenue. Revenue for the three-month period that ended on September 30 was just over USD 1 million, down nearly 6 per cent from a year earlier. Trump Media, based in Sarasota, Florida, has lost more than USD 363 ..

Elections

TREND | 06 Nov 2024

US Election 2024: Rupee May Weaken, Retaliatory Tariffs Imposed, Says DAM Capital Advisors

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Trump's win could bring significant changes to India's trade environment, with the rupee potentially weakening and critical sectors like auto components and textiles at risk of facing new US tariffs.

US Election 2024: Modi, Macron, Other World Leaders Congratulate Donald Trump On Historic Win

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Elections

TREND | 06 Nov 2024

US elections 2024: Hoax bomb threats disrupt voting in multiple key states

Business Standard

US Presidential elections: Polling sites in Arizona, Georgia, and Pennsylvania faced bomb threats on election day, causing evacuations and delays

Elections

TREND | 06 Nov 2024

Trump leads presidential race with 230 electoral votes, Harris has 179: AP

Business Standard

Former President Donald Trump and Vice President Kamala Harris notched early wins in reliably Republican and Democratic states, respectively, as a divided America made its decision in a stark choice for the nation's future Tuesday. According to races called by the Associated Press up to 9.34 am (IST), 230 electoral votes had gone to Republican candidate Trump and 179 to Democratic Party's Harris. Polls closed in Pennsylvania, Georgia, Michigan, Arizona, Wisconsin, North Carolina and Nevada, the seven closely fought battlegrounds expected to decide the election, but the results there were too early to call. Voting continued in the West on Election Day, as tens of millions of Americans added their ballots to the 84 million cast early as they chose between two candidates with drastically different temperaments and visions for the country. Trump won Florida, a one-time battleground that has shifted heavily to Republicans in recent elections. He also notched early wins in reliably...

US Election 2024: Donald Trump leading Kamala Harris in presidential race

Business Standard | 06 Nov 2024 9 more

Elections

TREND | 06 Nov 2024

US election: Results come in from some states; voting continues in others

Business Standard

The first results are coming in for the US presidential election with Republican leader Donald Trump projected to notch up wins in Indiana, Kentucky and West Virginia and Vice President Kamala Harris winning Vermont. Voting in these states ended hours earlier. Though projections are emerging from many other states, what everyone is eagerly waiting for is possible trends from the seven battleground states which will effectively determine who will become the next American president. Trump is projected to win Alabama, Missouri, Oklahoma and Tennessee as well while Harris is racing to emerge victorious in the District of Columbia, Maryland and Massachusetts. Even if projections are coming in from some states, voting is still going on in certain other states. The US has 50 states and most of them vote for the same party in every election except the swing states. Generally, there is not much surprise over the candidates picking up victories in states other than the pivotal battleground

Trump Takes Early Electoral Lead As Race With Harris Takes Shape

NDTV Profit | 06 Nov 2024 9 more