India carried out significant changes in three major aspects: politics, economy, and environment during the week. The Bihar Assembly Elections started with great voter turnout, and PM Modi was still on his campaign route. The Vande Bharat Express was launched as part of a larger railway network. Consequently, regional areas were getting better connected, and pollution control was again a matter of great discussion in Delhi, which experienced the worst air quality in the country due to the Diwali celebrations. On the political spectrum, Maharashtra saw a scandal situation due to a land scam that involved politics and disputes over bribery, while economic news included news about Swiggy’s very ambitious plan to raise funds and the soon to be published profits reports of giants like Bajaj Finance and ONGC.
1. Bihar Assembly Elections Start
The first phase of elections for the Bihar Assembly lulled over 64% of voters to cast their votes, revealing a strong interest in the elections. The campaign of PM Modi has put the opposition RJD on center stage for its record ruling over. The elections, which take place in several phases, will determine the political direction for the state for the next five years.
2. Vande Bharat Express Network Increase
In a strong encouragement to Indian Railways, Prime Minister Narendra Modi inaugurated four new Vande Bharat Express trains from Varanasi. The expansion of this train service is a leap forward in the country’s train travel modernization and is indicative of India’s desire to have faster and more efficient trains.
3. Delhi’s Air Quality Gets Worse
The quality of air in Delhi was pushed to the “hazardous” level after Diwali celebrations. This situation led to serious health concerns. The government and the people concerned for the environment are asserting pollution control measures including restrictions on firecrackers and better urban planning that could prevent the smog incidents from re-occurring.
4. Maharashtra Land Scam Allegations
A controversy in the political arena came up in Maharashtra due to the accusations of a land scandal linked with the son of Deputy CM Ajit Pawar. Ajit Pawar stated that the sale deed of the property was annulled and no monetary transactions were made but the opposition parties are already calling for a complete inquiry.
5. Key Economic Developments
The food delivery company Swiggy has been given the green light by its board to borrow money from the market for ₹10,000 crore, thereby supporting its expansion and innovation plans. On the other hand, major companies like Bajaj Finance and ONGC are preparing to declare their Q2 profits, thereby influencing the Indian stock market for the next few weeks.
