The violence in Manipur has reached alarming levels, resulting in multiple deaths and widespread unrest. The ethnic conflict between the Meitei and Kuki communities has triggered intense political shifts, with the National People’s Party (NPP) withdrawing its support from the BJP-led government in the state. Despite the BJP’s majority, this withdrawal underscores significant dissatisfaction with the handling of the crisis, particularly with Chief Minister N. Biren Singh’s response to the violence.

The NPP, led by Conrad Sangma, made this decision after a series of ethnic clashes, which resulted in the deaths of several Meitei individuals, igniting protests across the state. The National Investigation Agency (NIA) has now stepped in, taking over the investigation of three key cases related to the violence. This marks an escalation in the central government’s response to the ongoing turmoil in the region.

Protests have been widespread, and the tension has only heightened as the Nagaland Congress called for peace. However, the situation remains critical, with the BJP maintaining a fragile majority, securing 46 MLAs, but facing growing pressure over its handling of the crisis. Prime Minister Narendra Modi has faced mounting criticism for not visiting the state, with many political figures and activists questioning his focus on other activities rather than engaging with the issue directly.

Protests have even spilled beyond Indian borders, with international concern sparked by the brutality of the violence and the lack of intervention. In response to the ethnic violence, curfews and internet shutdowns have been implemented to curb the spread of unrest. This further emphasizes the growing control needed to manage the spiraling situation.

While the BJP-led government in Manipur continues to hold power, its political foundation is weakening with the NPP's withdrawal and the BJP’s political isolation. Leaders like Rahul Gandhi have added their voices to the criticism, accusing the government of ignoring the plight of the people in Manipur.

The NPP's withdrawal of support is a critical development, signaling deepening political instability in a state already grappling with ethnic violence. Despite retaining its majority, the BJP's leadership faces an uncertain future as the situation in Manipur continues to evolve.

The Upcoming IPOs in this week and coming weeks are NTPC Green, Lomosaic India, C2C Advanced System, Rajesh Power Services, Rosmerta Digital, Avanse Financial and Nisus Finance.

The Current active IPO are Zinka Logistics Solution (Black Buck), and Onyx Biotec.

For more insights into financial trends , visit our Top News Headlines. You can also explore investment opportunities in the market and apply for upcoming IPOs through our Best IPO to Apply Now section.