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Priyanka Gandhi ready to contest against PM Modi from Varanasi: Sources
Posted on 13th April 2019
Congress in-charge for Uttar Pradesh (East) Priyanka Gandhi Vadra is willing to contest against PM Modi. If she indeed contests, it will be the most watched match-up of Lok Sabha election 2019, where a member of the Gandhi family will directly challenge the might of PM Modi, that too from Varanasi.

According to sources, Priyanka Gandhi has given serious thought to the possibility of contesting against PM Narendra Modi. The party hopes that such a fight, even if symbolic to an extent will greatly enthuse workers of the region. However, the final decision will be taken by Congress President Rahul Gandhi.

PM Modi contested for the first time from Varanasi in 2014, winning by a massive margin of 3.70 lakh votes. Arvind Kejriwal came second, polling over 2 lakh votes. Congress candidate Ajay Rai got 75,000 odd votes. Even a combined candidate of the opposition will find it extremely difficult to pose a serious threat to PM Modi's candidature from Varanasi.

Traditionally, barring once in 2004, BJP has won Varanasi comfortably since 1991.

However, Congress has already surprised political pundits by announcing Rahul Gandhi's candidature from Wayanad, in Kerala apart from the traditional bastion of Amethi. Even Priyanka Gandhi's entry into formal politics ahead of Lok Sabha polls was a surprise. Hence, the chances of Priyanka Gandhi Vadra finally contesting against PM Modi can't certainly be ruled out.

Congress is hopeful of putting up a good fight in old strongholds like Phulpur and Prayagraj due to Priyanka Gandhi's presence.

Other Latest News
EC rejects Opposition's demands concerning EVMs
Posted on 22nd May 2019
New Delhi: The Election Commission of India (EC) has rejected the demands of the opposition regarding Voter Verifiable Paper Audit Trail (VVPAT) on Wednesday.

The issue to change the protocol for counting was discussed by the Chief Election Commissioner Sunil Arora at his meeting with election commissioners Ashok Lavasa and Sushil Chandra.


Big PSU bank merger on cards if Modi wins 2019 election; PNB may merge these banks with itself
Posted on 22nd May 2019
The government is planning to merge state-run Punjab National Bank with two other PSU banks — Oriental Bank of Commerce, Andhra Bank and Allahabad Bank after the new administration is in place following the 2019 Lok Sabha elections, Reuters reported citing unidentified sources. This is in a bid to keep 5-6 larger banks in the country, which the ruling Narendra Modi-government has been advocating for some time.

YES Bank begins provisioning for exposure to ADAG, Essel group firms
Posted on 22nd May 2019
YES Bank, which has exposures to Anil Ambani's Reliance group and Essel group companies, has started making provisions for loans given to both entities. The provisioning began after rating agencies downgraded debt instruments of both groups.

YES Bank has an exposure of Rs 13,000 crore to Reliance group entities and another Rs 3,300 crore to Essel group companies, according to analysts.


Reliance tops IOC in sales
Posted on 22nd May 2019
Reliance Industries has toppled state-owned Indian Oil Corporation (IOC) to become the country’s biggest company by revenue.

In 2018-19, Reliance has reported a turnover of Rs 6.23 lakh crore. In comparison, IOC posted a turnover of Rs 6.17 lakh crore for the fiscal, according to regulatory filings by the two companies.


Sensex rises over 150 points; Nifty tests 11,700
Posted on 22nd May 2019
The benchmark BSE Sensex jumped over 150 points in early trade on Wednesday, led by gains in oil and gas, banking and IT stocks, ahead of the general election results.

The 30-share index was trading 157.51 points, or 0.40%, higher at 39,127.31. In similar movement, the broader NSE Nifty rose 30.90 points, or 0.26%, to 11,740. In the previous session, the Sensex ended 382.87 points, or 0.97%, lower at 38,969.80, and the Nifty plunged 119.15 points, or 1.01%, to 11,709.10.


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