Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at:

Indian Prime Minister Narendra Modi's party and its allies were set to return to power in the nation's richest state, television channels reported on Saturday, a boost for the Hindu-nationalist leader after a disappointing general election.

Prime Minister Narendra Modi’s Hindu nationalist party is headed for a victory in state elections in politically significant Maharashtra while the opposition won mineral-rich Jharkhand state

The ruling Bharatiya Janata Party (BJP) and its allies are set to retain power in India’s richest state, in a major boost to prime minister Narendra Modi and his Hindu nationalist party. The Mahayuti alliance,