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State elections results will provide fodder to the markets for a few days


India is currently in midst of a tsunami of Covid cases with daily numbers close to 4 lakh, which is 4x the peak of the first wave seen in 2020, and we don’t seem to be anywhere close to a peak yet. There are strong chances that there will be lockdown in more regions in May as the numbers climb. So far, the stock markets are blissfully ignoring the humanitarian crisis, assuming that this is a passing phase and all will be well in the next couple of months once the vaccination drive picks up. However, the pipeline for vaccine supplies is still uncertain. Unfortunately, the emotional drain would be much deeper and the fear of the third Covid wave will limit economic activities, despite the gradual opening up over a period of time. ....

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No Victory Procession After Election Results on May 2: Election Commission of India


No Victory Procession After Election Results on May 2: Election Commission of India
The ECI issued a broad guideline to Conduct General Election during COVID-19 after receiving views/suggestions from National/State Political Parties.
  |  27 April 2021 6:12 AM GMT
GUWAHATI: The Election Commission of India issued broad guidelines to Conduct the General Election/Bye-Election during COVID-19 after receiving views/suggestions of National/State Political Parties.
Further, the Commission has fixed counting of votes for General Election to Legislative Assemblies of West Bengal, Assam, Tamil Nadu, Kerala, and Puducherry along with Bye-Elections in various states on 02.05.2021.
In view of the surge in COVID-19 cases throughout the country, the Commission has decided to make more stringent provision to be followed during the process of Counting, in addition to exiting Broad Guidelines dated 21st August 2020, and has directed that ....

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