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Digital Desk: The Indian equity indices, NSE Nifty and BSE Sensex closed lower on Thursday. The NSE Nifty ended below the 23,550 mark, while the BSE Sensex dropped to 528 Points.
Digital Desk: The ruling National Democratic Alliance has a
majority in the electoral college, thus the BJP parliamentary board will meet
this week to choose their vice presidential candidate, who will almost
certainly hold the seat, according to Press Trust of India.
In light of signs that the Opposition may also put out a
candidate to force a contest, as it did for the presidential election, BJP
officials informed Press Trust of India that the party will also approach other
parties to seek a consensus over the choice.
The parliamentary board is the BJP's highest administrative
body, and among its members are party president J P Nadda, Prime Minister
Narendra Modi, and Union ministers Amit Shah, Rajnath Singh, and Nitin Gadkari.
The deadline for submitting ballot nominations is July 19,
and the election is set for August 6.
Members of the Lok Sabha and Rajya Sabha make up the
electoral college for choosing the next vice president, who is also the Rajya
Sabha chairperson.
The BJP alone has 394 MPs, which is more than the 390 needed
for a majority of the current 780 members of Parliament.
The current president's tenure ends on August 10th.
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