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India’s Election Cleanup, Local Power Swerves and Market Jolt Mark a Day of Fast Turns

The voter-roll overhaul is triggering rapid reviews across elections, local governance and markets.

Overview

  • Uttar Pradesh’s Special Intensive Revision draft roll, published January 6, removed about 2.89 crore names—roughly 18.7%—with deletions attributed to deaths, migration and duplicates, and claims and objections open until February 6.
  • In Ambarnath, a short-lived BJP–Congress tie-up collapsed as Congress suspended its local unit and 12 councillors, even as BJP leaders faced internal warnings; separately in Akot, BJP formed a council front that includes AIMIM.
  • Reliance Industries rejected reports of recent Russian crude deliveries to its Jamnagar refinery as “completely false,” yet the stock fell 4.42% on January 6, erasing about Rs 0.94 lakh crore in investor value.
  • Punjab launched the second phase of its anti-drug drive in Jalandhar, with authorities citing 1,859 kg of heroin recovered, 29,978 FIRs registered and more than 43,000 arrests so far.
  • Toronto police arrested 28-year-old Babatunde Afuwape and charged him with first-degree murder in the December 23 shooting of Indian student Shivank Avasthi near the University of Toronto, with motive still under investigation.