Stock markets are bracing this week for ripples coming from Uttar Pradesh with several marketmen raising concerns over the Centre's future reform policies in view of anointment of hardliner Yogi Adityanath as the Chief Minister of the country's most populous state.

Priest-turned politician and controversial mascot of hardline Hindutva, Yogi Adityanath was on Sunday sworn in as the 21st chief minister of Uttar Pradesh and the fourth from the saffron party, ending a 15-year hiatus.

Analysts are likely to interpret Yogi's selection as the chief minister as the RSS' flexing its muscles and influencing BJP's decision-making, but frankly, it does not matter if Prime Minister Modi or the RSS are on the same page or not.

Oath ceremony to take place in Lucknow at 2:15 PM. Prime Minister Narendra Modi and BJP president Amit Shah will attend the ceremony.

Adityanath is a 5-time MP and the head priest of the Gorakhnath Mutt, a temple in Gorakhpur. He is also the founder of the Hindu Yuva Vahini, a social, cultural and nationalist group of youth who seek to provide rightist Hindu platform.

Modi wave seems to have swept the key state of Uttar Pradesh with the BJP and its allies past the 200-mark

A demand for early implementation of recommendations of a Parliamentary Committee headed by Yogi Adityanath on wages and allowances of MPs was made in the Rajya Sabha on Tuesday.

The Cabinet reshuffle was more of caste balance and catering to the regional needs, than increasing the efficacy of the government.

The reshuffle and expansion will take place at 11 a.m. where Modi will decide who to retain and who to drop.

A joint committee of the Lok Sabha and the Rajya Sabha has prepared a report recommending the salary of parliamentarians be hiked from the present Rs 50,000 to Rs 1 lakh, constituency allowance from Rs 45,000 to Rs 90,000 and secretarial assistance plus office allowance from Rs. 45,000 to Rs 90,000.

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