India Financial News

Sony Pictures Networks India (SPNI) has appointed three new leaders to oversee Hindi general entertainment and movie channels following the departure of Neeraj Vyas. Nachiket Pantvaidya, an industry veteran with a diverse career spanning multiple leading media companies, is now taking over as the Business Head of Sony Entertainment Television (SET), marking his third stint with SPNI. While he joins SET, he will also continue to manage his role as General Manager at Sony Pictures International Productions (SPIP).

Despite introducing significant steps in the last one year to get control over skyrocketing visa wait times, the United States has still not been able to bring it back to normal. Although there has been improvement—which is reflected by the processing of 1.4 million visas for Indians in 2023, an all-time high, and a 75 per cent reduction in visitor visa appointment wait times—the issue persists. Wait times for B1/B2 visa vary significantly across U.S. consulates in India. In Calcutta, the U.S. consulate offers the shortest visa wait time of 24 calendar days. In contrast, the wait time in Hyderabad is 407 calendar days, while in Delhi, it extends to 386 calendar days. The consulate in Bombay has a wait time of 422 calendar days, and in Chennai, applicants face the longest wait, which is 477 calendar days.

₹30,000 a month, which is far higher than what new employees get on average in cities. The prospect of stable employment is an added incentive. Yet, such a scramble for government employment is also a symptom of the lack of quality jobs in an economy that has otherwise had a good run since the pandemic.

India looks forward to bidding for the Olympics 2036, French President Emmanuel Macron said that India has the «capacity» to organise such events. Speaking to Jio Cinema, Macron said he believes in India's future. He added that the Olympics is fierce competition. «First of all, I am a strong believer in your country and the future of your country. And what you can build and your capacity to organise such events. I think this is a fierce competition. You should not underestimate that fact. I remember that seven years ago when we went to Lausanne, we did compete with the US at that time — Los Angeles. And we found this agreement at the end, it was, it is still a great cooperation. So, competing, by itself, is clearly a great preparation,» Macron said.

Mint recently. Niyo launched visa applications and flight bookings on its platform earlier this week. The company plans to offer hotel bookings and experiences by the end of September, Bagri said.

cricket team batter Jemimah Rodrigues expressed her excitement about representing the country at the Los Angeles 2028 Olympics. Cricket is brought to the marquee event for the first time since 1900 and the decision to bring it back came last year. A two-day match took place between teams from Great Britain and France. Great Britain won the match by 158 runs. Cricket will return to the Olympic programme at LA 2028 after 128 years in the T20 format. In a post on Instagram, Jemimah wrote, «Loved wearing the current Indian Olympic jersey. Can't wait to play cricket for India at the Olympics soon! Man, what a feeling that'd be.»

A few grams of gold can elevate or depress a nation’s morale and stature. But first; why should any nation spend money on sports, especially one whose population substantially relies on subsidies? Nations invest in sports for three strategic reasons. The first is global positioning.

global coffee prices are rising, India’s coffee industry has an opportunity to innovate and diversify its offerings, says Vinay Nair, General Manager, India & Emerging International, Costa Coffee. Despite the ongoing price fluctuations, the enthusiasm for coffee, especially among younger generations, ensures that demand remains robust, he says. In an interaction with ET Digital, Nair recognises the need to address climate change. He says the company is involved in sustainable farming practices and responsible sourcing, which helps it support biodiversity and enhance the livelihood of coffee-growing communities. Edited excerpts: The Economic Times (ET): With coffee prices going up globally, how do you think this will impact the coffee industry in India? Vinay Nair (VN): Rising global coffee prices present both challenges and opportunities for the industry. India's coffee industry is thriving and is highly respected worldwide, but we do not have control over global pricing dynamics. However, we have observed that despite the fluctuations, the growing enthusiasm for coffee, especially among younger generations, ensures that demand remains robust. At Costa Coffee, this shift provides an exciting opportunity for us to innovate and diversify our offerings. We are enhancing our partnerships with local farmers and focusing on cost-effective, environmentally friendly sourcing methods.

ACC Ltd. traded 0.49 per cent up at Rs 2326.0 on Tuesday at around 10:30AM (IST), while the benchmark BSE Sensex declined 154.77 points to 79494.15. As many as 11,820 shares changed hands on the counter with a total value of Rs 2.76 crore.

Aurobindo Pharma Ltd.(up 2.52 per cent), Alkem Laboratories Ltd.(up 0.84 per cent), Cipla Ltd.(up 0.84 per cent), Abbott India Ltd.(up 0.63 per cent) and Lupin Ltd.(up 0.62 per cent) were among the top gainers.

Inox Wind Energy Ltd.(up 10.00%), Inox Wind Ltd.(up 7.55%), Indo Tech Transformers Ltd.(up 5.00%), Adani Energy Solutions Ltd.(up 2.58%), GE T&D India Ltd.(up 2.28%), Karma Energy Ltd.(up 2.02%), Power and Instrumentation(Gujarat)Ltd.(up 2.00%), Suzlon Energy Ltd.(up 1.55%), Adani Green Energy Ltd.(up 1.38%) and PTC India Ltd.(up 1.21%) were among the top gainers.

Banks will be closed across the country on August 15 in commemoration of the 78th Independence Day. This year, August 15 falls on a Thursday, so there won't be a long weekend that week.

elephant census, as the population estimation has been delayed in some northeastern states, sources said. Wild elephants are found in forested, hilly tracts across four regions of India: the foothills of the Himalayas in the north, the northeastern states, east-central India, and the Western and Eastern Ghats in the southern parts of the country. A source told PTI that data collection and analysis from the northeast have not yet been completed. The primary reasons for the delay in the region are «heavy monsoon rains, floods and the limited capacity» of the forest staff, the sources added.

Kerala General Education Department has added 'Fact-Checking' modules as part of new ICT textbooks for Classes 5 and 7, designed to help students recognize fake news and perform fact-checking on online platforms. The move by the Kerala government was implement even ahead of UK which reportedly is is planning to revise their primary curriculum by including this topic. Earlier in 2022, Kerala Infrastructure and Technology for Education (KITE), the technology arm of Kerala General Education Department, had imparted Fake News prevention and awareness creation training for 19.72 lakh students of Grades 5 to 10, as part of the Digital Media Literacy programme.

₹50 crore and ₹500 crore. However, Propshare's existing investors rejected the migration to SM Reit status. High upfront costs, including a 6-6.5% stamp duty, may have led to the 'no' vote, as indicated by a mail sent out by the platform.

earnings season is almost coming to an end and as many as 660 companies will announce their quarterly numbers on Tuesday. Key results to watch out include Hindalco, Nykaa, Hero MotoCorp, Apollo Hospitals and IRCTC. Apart from the above, companies like Samvardhana Motherson, Muthoot Finance, SJVN, Max Financial Services, Gujarat Fluorochemicals, Endurance Technologies, Ipca Labs, NBCC (India), Godrej Industries among others will also declare their quarterly results.

Indian regulators and policymakers have amplified their call for banks to become innovative in raising deposits. This low-cost source of funds is trailing the pace of bank lending, and if credit-deposit gaps persist, lenders would either need to rely more on costlier sources or go slow on credit, which could drag the growth of our economy back. Over the weekend, finance minister Nirmala Sitharaman exhorted banks to pre-empt such a scenario.

Breakout stocks to buy or sell: Following weak global market cues, the Indian stock market fell flat on Monday. The Nifty 50 index lost 21 points and closed at 24,347.00, the BSE Sensex went off 56 points and closed at 79,648, whereas the Bank Nifty index gained 94 points and finished at 50,578. Cash market volumes on the NSE were about 9% higher than the previous session.

Tata Motors Ltd, which has returned a market-thumping 782% over this period, creating significant shareholder wealth. The outperformance has continued in 2024 as well, with Tata Motors’ share price rising 36%, compared to the Nifty 50 index’s gain of 11.9%. If you had invested ₹50,000 in Tata Motors stock in August 2019 it would be worth roughly ₹440,000 today.

₹13,999 but they could be retailed at a similar price to last year's OnePlus Buds Pro 2. For reference, the Buds Pro 2 started at a price of ₹11,999 in India.Also Read | OnePlus 12R reviewMeanwhile, Brar also reiterated a few features that were earlier revealed via a Smartprix report including the presence of a dual driver setup with an 11mm woofer and a 6mm tweeter and support for LHDC 5.0 codec.Reportedly, the Buds Pro 3 will come with 50dB of noise cancellation which is said to result in twice as clear conversations and voice calls when compared to its predecessor.They are also said to offer 43 hours of battery life on the case, which will be 4 hours more than the Buds Pro 2.

In addition to rainfall, the national capital is expected to witness slight thinderstorms, the weather agency said in their forecast. «Cloudy with light rain and potential thunderstorms. The temperature will vary between 26°C and 32°C,» said the IMD in a statement. Read more: Delhi rains: Traffic alerts issued amid waterlogging on many roads. Check weather forecast