India Financial News

Allu Sirish, is set to make waves on the OTT platform with his latest film, Buddy. Directed by Sam Anton, this Indian Telugu-language fantasy action film premiered in theaters on August 2, 2024, and will soon be available for streaming on Netflix. When and where to watch Buddy will be available for streaming on Netflix starting August 30, 2024, just four weeks after its theatrical release. The film will be offered in Telugu, Tamil, Malayalam, and Kannada. However, as of now, there is no update on a Hindi version.

fundamental analysis to invest in companies based on their financials. The second believes in making short-term trades based on seasonal momentum or technical analysis. Irrespective of which type of investor you are, a multiyear breakout of any stock is something to keep an eye on as it could be a sign of significant potential in the security.

Mint looks at the pros and cons of all three: It is a new hybrid pension scheme for government employees that, like OPS, guarantees an assured monthly pension of 50% of their last drawn salary before superannuation while retaining the contributory element of the NPS. The employee contributes 10% of their salary while the government puts in 18.5%. It factors in inflation through dearness allowance hikes.

policy to allow strengthening of ageing national highways through 'white-topping' to increase their lifespan. The focus will be to rehabilitate flexible, or asphalt, pavement which constitutes the most important and largest component of the ageing national highway network. The ministry of road transport and highways has sought comments on a draft policy that lays down the technique, its benefits and the selection criteria for identification of national highways to be rehabilitated. India currently has a national highway network of about 146,000 kilometres. «As India is building more and more two-, four- and six-lane national highways and expressways, the quantum of aged assets is increasing which warrants rehabilitation to extend its life further,» a senior government official told ET.

The NSE Nifty index ended the session 187.45 points up at 25010.6, while BSE Sensex rose 611.9 points to 81698.11.

Venkat Nageswar Chalasani, Chief Executive, AMFI, says 9.34 crore is the total number of accounts and Rs 24,000 crore is the total amount that has been raised in this particular month. If you derive that number, 24,000 divided by 9.33, it will be around Rs 2,500. So, it is just a mix. Some people are investing around Rs 1,00,000 and some people would be putting around Rs 500 to Rs 600 per month. The average, as I said, is derived and works out to around Rs 2,500. But this number is also growing. One year back, it was around Rs 2,200, today it is Rs 2,500. My sincere compliments for all the great work which the Association of Mutual Funds of India (AMFI) is doing. Venkat Nageswar Chalasani: Thank you very much. Retail investors are coming into the mutual fund fold. In fact, on the SIP front, there are around 9.33 crore accounts as we speak now. The AUM under SIP is around Rs 13 lakh crore, around 20% of my total AUM.

Pakistan Cricket Board has named 22-year-old Fatima Sana as their captain, replacing Nida Dar for the upcoming ICC Women's T20 World Cup in UAE from October 3-20. The 37-year-old Nida is going through a lean patch and the team under her suffered T20I and ODI series defeats in England before making a semi-final exit in the Women's Asia Cup last month. The selectors however have retained Nida in the squad that has at least 10 players who appeared in the last edition of the global showpiece.

finance department of orchestrating a scheme to withhold funds from the Delhi Jal Board (DJB), resulting in a critical shortage of manpower and equipment necessary for sewer line maintenance and repairs. Atishi alleges that since the beginning of the 2023-24 fiscal year, the finance department has been creating «unnecessary» obstacles and generating an "artificial financial crisis." Documents reviewed by the Times of India reveal that the release of funds allocated for this fiscal year has not adhered to the scheduled timeline, severely impacting the water utility's operations.

MUMBAI: The topic of 'increased 12.5% LTCG tax on equities' needs no introduction now. Most equity investors have already registered their anger, in one form or another, on different social media and forums. In fact, the initial pain has now paved the way for what we Indians do best—adjustment.

Visa applications in India in H1 2024 (January to June 2024) exceeded the H1 2019 volumes by 2% said VFS Global on Monday. The year on year increase during the same period was 11%. VFS Global manages visa applications for 51 countries from India. VFS said acceptance of personalised services such as Visa At Your Doorstep (VAYD) recorded a four-fold rise against 2019 with a year on year increase of 16%.

₹24,999 for the 8GB RAM/128GB storage variant and ₹26,999 for the 8GB RAM/256GB storage variant. Vivo T3 Pro 5G features a 6.77 inch Full HD+ 3D curved AMOLED display with a peak brightness of 4,500 nits and up to 120Hz refresh rate.

Indian gaming influencers seek the stars, but it’s a tricky upward trek India’s ₹2,344 crore influencer market is expected to reach ₹3,375 crore by 2026, growing at a compound annual growth rate of 18%, according to the ‘State of Influencer Marketing in India’ report by consulting firm EY. The career is unpredictable, with longevity being a significant worry like most other entertainment and sports-related careers. “Volatility in their inflows makes them concerned about their shelf life, and while they are making money, they want to save meaningfully," said Jethwani.

The energy transition challenge, often presented as a singular issue of greening our energy sources, is far from a one-dimensional problem. As with all public policy situations, the challenge is not amenable to a well-defined problem statement or an elegantly crafted solution. Two recent stories underscored the complexity of the task at hand.

Breakout stocks to buy or sell: Following strong global market sentiments on the US Fed rate cut buzz, the Indian stock market finished on a higher note on Monday. The Nifty 50 index regained the psychological 25,000 peak and ended at 25,010. The BSE Sensex surged 611 points and closed at 81,698, while the Bank Nifty index finished 214 points higher at 51,148.

Swapnil Kusale is on cloud nine. The ace shooter created history at the Paris Olympics in 2024. He bagged a bronze medal in the Men’s 50m rifle 3 Positions event in Paris with a final score of 451.4. He secured India's third shooting medal in Paris, following the victories of Manu Bhaker and Sarabjot Singh. While Kusale is not superstitious, he does keep a special key chain to ward off the evil eye. His mates Akhil Sheoran and Shriyanka Sadangi gifted him the chain before he left for Paris. For Kusale, the chain proved to be a lucky charm. He became the first Indian male to win bronze in the men’s category.

On Monday, Reserve Bank of India governor Shaktikanta Das announced the launch of its Unified Lending Interface (ULI), a tech platform aimed at “frictionless credit", especially for those who find it hard to borrow. “Just as UPI transformed the payments ecosystem, we expect that ULI will play a similar role in transforming the lending space in India," he said.

Danfoss India, a leader in heating, ventilation and air-conditioning, is witnessing robust growth in the domestic market and is confident of doubling sales by 2025, a top official has said. The subsidiary of the Denmark-headquartered company said the Indian market is the fastest-growing region for the Danfoss Group with strong double digit growth in H1 driven by increasing opportunities in energy efficiency and electrification. Danfoss Group's sales amounted to Euro 5 billion and a half-year EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortisation) of EURO 533 million corresponding to an EBITDA margin of 10.6 per cent, as against 12.4 per cent last year.

Lamenting on how the “river of ideas that nourished politics has dried up" in independent India, Yogendra Yadav draws attention to “the atrophy of the political imagination...that afflicts the entire political class, cutting across ideological and political boundaries." In his recent column in the Indian Express, the analyst-cum-activist asks, “Where are our political thinkers?" Well, quite a number of our most talented and ambitious young people are responding to economic incentives and pursuing careers in industry, technology and business. Our education system smothers thinking of any kind and our political discourse has long been hostile to free thinking. It comes as no surprise to me that a free, independent India produces fewer political thinkers than Olympic medallists.

Awami League government, according to media reports on Sunday. The 76-year-old leader was detained late Saturday night from a house in the Piergoli area of the capital Dhaka around 3 am, The Daily Star newspaper quoted Paltan police station officer-in-charge Mollah Mohammad Khalid Hussain as saying. The Dhaka Metropolitan Police detained him and brought him to the Detective Branch (DB) office, according to The Dhaka Tribune.

iPhone 16 and iPhone 16 Plus from rumours and leaks so far. Please note that these are not confirmed specs and could change before the launch.Rumours have it that Apple is planning to make a few changes to the design of the iPhone 16.