India Financial News

Donald Trump right to say that his political rival Kamala Harris was not a Black woman? This was not the first time that the daughter of a Jamaican father and an Indian mother had faced such a racial question. But a White Republican candidate must raise this question about the presumptive Democrat candidate just before the US Presidential Election 2024. However, the question of Black identity took a new twist when some Black male voters in Pennsylvania said that they didn’t consider the vice president to be Black before Trump's comments.

Despite missing penalties, the team led by Harmanpreet Singh scored the first goal of the match in the first quarter against the German rival who failed to score a goal. After trailing in first quarter, however, Germany showed their dominance by turned things around and scoring two goals against India. In the third quarter, India was seen making a comeback by tying the score with Germany at 2-2. In the final quarter, however, Germany again won the field by scoring another goal against the Indian team which sealed the former's victory and road ahead to the finals against the Netherlands.

government has asked state-run banks to assist their regional rural arms in upgrading their technology and onboarding them to the National Payment Corporation of India's (NPCI) BASE platform that facilitates the direct benefit transfer (DBT) program. Last week, several cooperative banks and regional rural banks (RRBs) were affected by a ransomware on one of the technology service providers, C-Edge Technologies. «Sponsor banks have been asked to help their RRBs with technology upgrades, which will improve their performance in areas related to credit disbursement, NPA management and cybersecurity,» said a government official, adding that Nabard will be closely monitoring this initiative.

One Piece Chapter 1123 is highly anticipated by fans. This chapter's release date and potential spoilers have stirred excitement. Weekly Shonen Jump is on break this week due to a holiday in Japan.

Yale Program on Climate Change Communication, in collaboration with C-Voter, Tuesday released the Yale Climate Opinion Maps for India. This new online interactive tool provides the first-ever estimates of public responses to climate change in 34 of India’s 36 states and union territories, and in 604 districts, depicting the variation in global warming knowledge, beliefs, risk perceptions, and policy preferences at state and local levels across the country. Prior studies of public responses to climate change in India have often provided results only at the national level. The recent national survey in India found that large majorities in India are worried about climate-related hazards, but until now we had little information about the diversity of climate opinions within the country. While national data show that 41% of people in India say they know a lot or something about global warming, there is substantial geographic variation within the country. In Gujarat, 52% of Indians know a lot or something about the issue, whereas in Maharashtra, only 33% report this level of knowledge. More Indians living in state capital cities say they know a lot or something about global warming compared to other districts. 74% think global warming will cause more severe heat waves and 85% are worried about global warming.

CBI) is probing Hindalco Industries Ltd (HIL) and a former director of the ministry of environment and forest (MoEF) in a corruption case. According to the first information report (FIR), CBI has booked the company, Dr T Chandini, the then director of MoEF, and unknown persons under certain sections of the Prevention of Corruption (PC) Act and Section 120 (B) pertaining to criminal conspiracy of the Indian Penal Code (IPC). «This is an old matter pertaining to 2014-15. These mines were de-allocated as part of the government's de-allocation process. This is a matter of public record where more than 100 mines were de-allocated,» a Hindalco spokesperson told ET.

Airtel said on Tuesday. The company also said it plans to roll out fixed wireless access (FWA) broadband services on pure 5G network by September. Airtel said its mobile subscribers' average revenue per user (ARPU) increased by 5.4 per cent to Rs 211 during June 2024 quarter compared to Rs 200 in the same period a year ago. Bharti Airtel Managing Director Gopal Vittal during the company's earnings call on Tuesday said that tariff hike in July was very much required for the financial health of the industry.

Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal joined the other NDA MPs from Assam to call on PM Narendra Modi. Speaking on the occasion, Sarbananda Sonowal said, “We are extremely inspired by the leadership of Prime Minister Narendra Modi ji that has explored many possibilities of the rich region of the Northeast to become the growth engine of India’s next economic growth. Today, under Modi Ji’s visionary leadership, the region is making remarkable strides in transformational progress be it in transport, business, social sector, infrastructure among others. There was a time when we had to fight for one bridge over Brahmaputra and today, under Modi ji, five new bridges are being constructed. Under the dynamic leadership of PM Narendra Modi ji, the possibility of Northeast is being harnessed to empower next economic resurgence. Northeast has full potential to become hub of production and business of the South East Asia and Guwahati is going to be the lynchpin of this economic possibility, unlocking immense potential of the Northeast.” During the meeting, the MPs thanked the Prime Minister for the last 10 years that has been transformational for the state marking a new era of peace, progress and prosperity.

Mint in an exclusive interview that the company sees India as a crucial market. “Globally, India is already the fourth- or fifth-highest contributing market for Krafton. In the future, India has the potential to become the biggest market for Krafton thanks to its unique position of the sheer size of the market, as well as an increasing amount of interest in e-sports in the country," he said on Tuesday.

shares up 5% on Tuesday. With more people returning to offices and stepping out of their homes, ride-sharing demand has got a boost in the past several months, benefiting companies such as Uber and rival Lyft.

managed to reduce the gap with Trump. “It is hard to assess Trump as he is disruptive and unpredictable," says Ajay Bisaria, a former diplomat. Unlike in 2016, Trump today has total control over the Republican Party.

Chetak 3201 Special Edition electric scooter is priced at ₹1.29 lakh (ex-showroom, Bengaluru) and can only be purchased online on Amazon this month.Speaking of design, based on the top-end Premium variant, the exclusive Chetak 3201 Special Edition electric scooter features a sleek Brooklyn Black paint scheme and maintains its solid steel body. With an IP67 rating for water resistance, this e-scooter is perfect for riders who want to explore the city or ride in any weather condition.The Chetak 3201 Special Edition boasts an impressive range of 136 km on a single charge, with a top speed of 73 kmph, claims Bajaj Auto.

telecom regulator has asked service providers and telemarketing companies to take immediate action against enterprises indulged in bulk calling through 10-digit numbers and deploy technical solutions which can trace and block such calls. ET has reported last week that the Telecom Regulatory Authority of India (TRAI), on July 24, directed all telecom firms to submit data around unregistered telemarketers, against whom maximum complaints have been registered by consumers in the April-June quarter. Telecom consumers receive lakhs of robocalls everyday by unregistered entities or telemarketers. Such calls bypass the system as these entities use a normal 10-digit numbering series and not the one assigned for telemarketing, say officials.

Bangladesh’s prime minister resigned and fled the country Monday after weeks of protests against a quota system for government jobs descended into violence and grew into a broader challenge to her 15-year rule. Thousands of demonstrators stormed her official residence and other buildings associated with her party and family.Prime Minister Sheikh Hasina’s departure threatens to create even more instability in the densely populated nation on India’s border that is already dealing with a series of crises, from high unemployment to corruption and climate change.

prison capacity to help tackle violent, week-long anti-immigrant riots that have prompted a growing number of countries to warn their citizens about the dangers of travelling in Britain. Riots across a number of towns and cities have erupted following the murder of three girls at a Taylor Swift-themed event in Southport, a seaside town in northern England, after false messaging on social media wrongly identified the suspected killer as an Islamist migrant. The Justice department, which is being forced to release some prisoners early as it battles a jail overcrowding crisis, said nearly 600 prison places had been secured to accommodate those engaged in violence.

Mahua Moitra on Tuesday hit out at Finance Minister Nirmala Sitharaman, saying she has made a mockery of people of India in the budget by doing absolutely nothing and whatever little changes are there are regressive and ill thought of. Speaking in the Lok Sabha, Moitra criticized the budget for failing to address the needs of the common people. «People wanted a course correction, but you have done the exact opposite. You have kept the same Cabinet, the same Finance Minister, who has given the same shoddy budget,» Moitra said. «The Finance Minister has made mockery of people of India in the budget by doing absolutely nothing, whatever little changes are there are regressive and ill thought of,» she added.

Mint the political crisis in Bangladesh could hinder India’s plans to boost exports to the neighbouring country. “If the situation worsens, which is highly possible, Bangladesh may stop importing Indian goods and seek other countries to meet their domestic needs," the official said, declining to be identified. Other experts said India faces losses in multiple trade segments due to the Bangladesh crisis, which could turn into opportunities for competitors like Vietnam and China.

fiscal deficit will decide on the direction of sovereign ratings. S&P Director, Sovereign and International Public Finance Ratings (Asia-Pacific), Andrew Wood said the rating agency sees a lot of promise in India's economic growth story even though the global economic growth outlook remains somewhat challenging. «We could raise the rating if India's fiscal deficit narrows meaningfully such that change in net general government deficit falls below 7 per cent of GDP on a structural basis,» Wood said at a webinar on Asia-Pacific.

Read this | Surviving the front-running storm: An investor's handbook While industry experts applaud the intent, they also warn of potential unintended consequences. Sebi issued a circular on Monday amending the Mutual Funds Regulations, requiring AMCs to establish an institutional mechanism.

Ramdas Athawale on Tuesday asked Maharashtra Navnirman Sena president Raj Thackeray to withdraw his «anti-reservation» remarks or else Dalits and backward classes will boycott MNS candidates in the upcoming Maharashtra assembly elections. Athawale said Thackeray's remarks on reservations were uncalled for. Speaking to reporters in Pandharpur town, Thackeray on Monday said local people should be given priority in job opportunities. «My stance is that locals should be given priority in job opportunities. Why should caste be a factor in this? If the private sector continues to create jobs, we should think about how many people will benefit from reservation in government jobs,» the MNS chief had said.