India Financial News

31.07 / 09:27

markets COST Manufacturing Trade War country reports Made-in-India fights a battle of tags on American, European shelves

supply chains after the pandemic and due to geopolitical reasons has given India a chance to make in India for the world. It's not just China. Other Asian countries such as Vietnam and Bangladesh are also formidable incumbents. Traditionally, other Asian countries have had an edge over India due to various reasons such as cheaper labour, less rigid labour market and free trade agreements. But now India too is becoming an attractive source of goods for Western countries.

31.07 / 08:55

UPS Cooper Aviat WhatsApp country Updates Adani Group considers investing in Vietnam's airports

India's Adani Group is considering investing in two airports in Vietnam, the Vietnamese government said on Wednesday, weeks after the company revealed it had permission to build a seaport in the country.

31.07 / 08:44

Entertainment show Olympics innovations Videos Updates Tarun Tahiliani pays models 50% more to walk again at ICW 2024. Know why

Fashion history took an unexpected turn at FDCI India Couture Week 2024 when designer Tarun Tahiliani pulled off a never-before-seen move—repeating his show due to a seating fiasco. The seventh day of the event, usually a parade of high fashion, turned into a dramatic display of haute couture and organizational mayhem.

31.07 / 08:19

Booking Career RAI Celebrity Schools Courts Munshi Premchand's Birth Anniversary: 5 must-read books, lesser-known facts, and inspiring quotes from Hindi's legendary writer

Munshi Premchand, a towering figure in Indian literature. Known for his Hindustani literature, Premchand's work vividly portrays colonial India through a realistic lens. His contributions to Hindi and Urdu fiction have left an indelible mark on the literary world.

31.07 / 08:12

markets WhatsApp Research patient Updates Zydus gets Mexican regulatory approval to market cancer treatment product

Zydus Lifesciences Ltd on Wednesday said the Mexican regulatory authority has granted marketing approval for Mamitra, a Trastuzumab biosimilar used to treat various types of cancer. Following the approval by Mexican regulatory authority COFEPRIS (Federal Commission for the Protection Against Sanitary Risk), for Mamitra, the drug will be marketed in different strengths of 150 mg and 440 mg, Zydus Lifesciences said in a regulatory filing.

31.07 / 08:07

markets UPS CEO security Trade recommendations Mint Explainer: Impact of Sebi's planned measures for index derivative framework

Mint explains why Sebi is concerned with the rising trade volumes, the measures it plans to take, and the impact of these steps. Derivatives are financial contracts that derive their value from an underlying asset. Derivatives are of two types – futures and options contracts.

31.07 / 07:58

markets COST Provident Align show performer Removing indexation on real estate will benefit almost nobody. Here's proof.

Selling property: Will your taxes skyrocket by 1,000% post Budget announcement? To quantify the impact, we analysed the compound annual growth rate (CAGR) of real estate prices, the holding period, and the cost inflation index. Our calculations show that the effective tax rate under the new regime is only lower if the real estate’s CAGR significantly exceeds historical averages. For a 20-year holding period with a cost inflation rate of 5.5% a year, the CAGR must be above 9.48% for the new tax structure to be advantageous.

31.07 / 07:55

Provident Citizens Healthcare students Department Updates International US to relax visa processing for graduates with job offers

31.07 / 07:51

Entertainment security information Investigations International MHA revises financial cap for informers in operational areas

Ministry of Home Affairs has revised the financial powers of Director Generals of paramilitary forces and other intelligence agencies for rewards to informers in operational areas.

31.07 / 07:50

UPS Fighting wellness show track rights bowling Gautam Gambhir praises India's tenacity but calls for further improvement on turning pitches

Gautam Gambhir praised India for pulling off a tenacious Super Over win in the low-scoring third T20I against Sri Lanka for a series whitewash, but called for consistent improvement on pitches assisting sharp turn. In a contest delayed by an hour due to rain here on Tuesday, India struggled against both spin and pace on a fresh pitch to make a mere 137/9.

31.07 / 07:50

UPS Action Remark Puzzle country 'Sheer desperation': Congress slams FM Sitharaman for criticising Opposition over foreign investments

Congress «propaganda» for deterring private investment is «sheer desperation», the party said on Thursday while hitting out at Finance Minister Nirmala Sitharaman for her remarks attacking the opposition. In an apparent attack on the Opposition, Sitharaman said conspiracy is being carried out to damage India's image and give a message to foreign investors that the country is not safe for investment.

31.07 / 07:21

Provident Cooper Align students Universities Schools International India signs pact to fund & send government officials for post-graduation study in Japan

India-Japan relations, the Japan International Cooperation Agency (JICA) has signed a Grant Agreement with the Government of India to implement «The Project for Human Resource Development Scholarship (JDS).»

31.07 / 07:16

markets COST UPS Manufacturing CEO stage country Electric two-wheeler makers brace for life without subsidy

electric two-wheeler makers are preparing for a future without government subsidies amid uncertainty on whether these vehicles will be included in the upcoming third phase of the FAME (faster adoption and manufacturing of electric vehicles) scheme.

31.07 / 07:12

Citi IPO Aware Platform reports Schools International IPO-bound FirstCry reports 15% jump in FY24 revenue to Rs 6,481 crore, losses down 34%

IPO-bound baby and mother care products retailer FirstCry reported a 15% growth in operating revenue at Rs 6,481 crore in FY24, while it reduced losses by 34% to Rs 321 crore during the same period, per regulatory filings sourced through business intelligence platform Tofler.

31.07 / 07:10

COST FIVE security Bottomline performer reports Tata Steel Q1 results today: Here's what to expect from the steel major

Tata Steel is likely to see robust growth in profitability in the first quarter ended June 2024, but the bottomline may decline. Net profit for the June quarter may increase anywhere between 57-209% year-on-year, according to estimates from five brokerages.

31.07 / 07:08

markets Target FIVE BAY trends Trade performer DAM Capital initiates coverage on Hindalco with buy rating, sees 37% upside

DAM Capital initiated coverage on Hindalco with a 'Buy' rating and target price of Rs 905, which indicates an upside potential of 37% from the previous day's closing price of Rs 660 apiece. In its coverage initiation, DAM Capital emphasized the opportunities within the aluminium sector, expressing optimism about future aluminium prices and predicting deficits ahead. Meanwhile, the brokerage highlighted Hindalco's strengths, noting, «Hindalco's India aluminium business is strong, with stable copper operations.»

31.07 / 05:03

markets UPS Aviat Airlines Remark reports Surrogate advertising can be stopped more easily than it seems

One remarkable aspect of Kingfisher having gone out of business as an airline is the fact that we can still be invited to “get high" on Kingfisher. While it refers to a colourful bird, the carrier took its name from a popular brand of beer marketed by the same UB Group. Until it folded up, this group’s aviation play was clearly a business in its own right.

31.07 / 04:47

Healthcare performer recommendations Updates Profiles Bank Nifty Share Price Live Updates: Bank Nifty opened at ₹51583.45

This is an AI-generated live blog and has not been edited by LiveMint staff. Bank Nifty Share Price Today Live Updates: The NIFTY Consumer Durables at (0.73%), NIFTY Healthcare at (0.54%) & NIFTY India Consumption at (0.53%) are currently the top performing sectors among the Sectoral Indices. While NIFTY PSU Bank at (-0.5%), NIFTY Energy at (-0.5%), NIFTY PSE at (-0.28%) are currently the low performing sectors Bank Nifty Share Price Today Live Updates: The Bank Nifty opened at 51583.45 (0.16%) , 84.15 points higher than the previous closing.

31.07 / 04:28

markets UPS Citi Freedom recommendations prevention What's stopping states from reducing stamp duty

Mint explains the significance of stamp duty revenue for states. States are left with fewer avenues to raise tax revenues independently after the introduction of goods and services tax (GST) in July 2017. Many state-level levies were subsumed into state GST.

31.07 / 04:24

UPS FIVE security Healthcare Bottomline reports Q1 results today: Maruti, M&M among 115 companies to announce earnings on Wednesday

Maruti, M&M, Coal India, Adani Power, Tata Steel, Ambuja and Bank of Baroda. Apart from the above, companies like Aster DM Healthcare, Barbeque Nation, Deccan Healthcare, Dynamic Cables, IIFL Securities, Mankind Pharma, The Phoenix Mills, Thomas Cook, ZEE among others will also declare their first quarter results.

31.07 / 04:12

Waters Death hospital reports isolate Department Kerala landslides: Death toll rises to 151, search on for missing

Kerala state, with at least 151 people dead and many still missing.

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