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Government Formation News 2026 Live Updates: TVK chief Vijay set to meet TN guv shortly, stake claim to form govt

Government Formation News 2026 Live Updates: Following the Tamil Nadu assembly election results, 108 newly elected MLAs of Tamilaga Vettri Kazhagam (TVK), including representatives from far-flung constituencies, were moved to a private luxury resort in Mamallapuram on Wednesday.

The decision came after a meeting with party chief Vijay. Tight security arrangements have been put in place, with a strong police presence and heightened surveillance around the resort.

More than 50 MLAs are currently accommodated at the Four Points Star hotel in Poonjeri, Mamallapuram, with additional legislators expected to arrive through the day as the party continues internal deliberations and post-poll strategy planning.

Meanwhile, the Indian National Congress in Tamil Nadu has unanimously decided to support TVK in forming the government, after the Vijay-led party fell 10 seats short of the majority mark in the 2026 Assembly elections, according to sources.

Tamil Nadu Congress Committee (TNCC) President K Selvaperunthagai chaired a late-night virtual meeting with party MLAs and senior leaders to discuss extending support to TVK, which secured 108 seats in the Assembly.

According to party sources, the Google Meet session involved detailed discussions on the evolving political scenario in the state and the strategic implications of aligning with TVK.

In New Delhi, Congress General Secretary K. C. Venugopal confirmed that Vijay had sought the party’s support in Tamil Nadu, adding that the leadership had asked the state unit to take a final call.

Earlier, on May 4, TVK registered a major breakthrough in the Assembly elections, emerging as the single largest party with 108 seats in the 234-member House, just 10 short of the majority mark. The party is now reaching out to smaller parties across both the DMK and AIADMK camps to secure the numbers needed to form the government.

The Congress holds five seats, while the PMK has four. The CPI, CPI(M), and VCK have two seats each, and these parties are expected to play a crucial role in extending support to the Vijay-led formation.

Congress’ backing of TVK marks a significant political shift not just in Tamil Nadu but also at the national level, where it remains allied with the Dravida Munnetra Kazhagam in the INDIA bloc. The development is likely to prompt a reassessment of alliance dynamics and strategies ahead of the 2029 general elections.

Last update: 6 minutes ago

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West Bengal CM Announcement Live Updates: Amit Shah to preside over meeting to decide new chief minister

The process for formation of a Bharatiya Janata Party government in West Bengal has begun, with the outgoing assembly set to be dissolved soon and newly elected BJP MLAs likely to endorse the party’s chief ministerial pick before May 9. The governor may shortly announce the dissolution of the state assembly, whose five-year term ends on Friday. Dissolution of the House will bring an end to Mamata Banerjee’s tenure regardless of whether she steps down.

State BJP president Samik Bhattacharya said in Kolkata that the swearing-in ceremony may be held on May 9, which coincides with Panchishe Boishakh — the birth anniversary of Rabindranath Tagore — at the city’s iconic Maidan. The choice of date aligns with the party’s emphasis on integrating itself with West Bengal’s cultural traditions.

Last update: 39 minutes ago

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Stock Market Live Updates: Nifty50 above 24,300; BSE Sensex sees sudden late afternoon rally, rises over 900 points as crude oil prices drop on US-Iran peace talk hopes

Stock Market Live Updates: Nifty50 and BSE Sensex rallied in trade on Wednesday as oil prices dropped. Stock markets have been under pressure, weighed down by high crude oil prices, and a falling rupee. Chart indicators point to continued weakness, with the Nifty staying below its 50-day EMA for eight straight sessions, reinforcing the prevailing downtrend.

However, the broader trend remains constructive as long as the Nifty holds above 23,800, though some consolidation in the near term cannot be ruled out, say analysts.

Oil prices declined for a second consecutive session, as expectations built that supply disruptions from the Middle East could ease if a peace deal materialises.

Track TOI’s coverage on Sensex and Nifty:

Last update: 28 minutes ago

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Government Formation News 2026 Live Updates: TVK chief Vijay set to meet TN guv shortly, stake claim to form govt

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Stock Market Live Updates: Nifty50 above 24,300; BSE Sensex sees sudden late afternoon rally, rises over 900 points as crude oil prices drop on US-Iran peace talk hopes

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