India Financial News

24.07 / 11:35

security Discover performer social Schools Rangers Geeta, who returned from Pakistan in 2015, passes 8th-grade exams, now aims for govt job

Geeta, who gained national attention when she returned to India from Pakistan in 2015, has cleared her Class 8 exams with good marks and is now aiming for a government job. The 33-year-old woman, who has speech and hearing disabilities, achieved a score of 411 out of 600 in the exams conducted by the Madhya Pradesh State Open School Education Board. She excelled particularly in social science and Sanskrit.

24.07 / 11:34

Provident FIVE WhatsApp information 2020 Nearly 1,200 reserved category candidates appointed as IAS, IPS, IFS officers in past 5 years

reserved and backward categories have been appointed as IAS, IPS and IFS officers in the past five years, the Centre informed the Lok Sabha on Wednesday. Of these, 233 officers were appointed in 2018, 231 in 2019, 223 in 2020, 250 in 2021 and 258 in 2022, it said in a written reply.

24.07 / 11:33

UPS Target Manufacturing Mobile electronic information Mobile, component makers cumulatively invest Rs 8,282 crore under PLI scheme till June

PLI scheme for large scale electronics manufacturing have cumulatively invested Rs 8,282 crore till June 2024, Parliament was informed on Wednesday. Minister of State for Electronics and IT Jitin Prasada in a written reply to Lok Sabha said that a total of 32 companies were approved with committed investment of Rs 11,324 crore and a projected production target of Rs 10.7 lakh crore under the PLI (Production Linked Incentive) scheme for Large Scale Electronics Manufacturing.

24.07 / 11:32

markets Provident economy wellness country social Balancing fiscal prudence while strengthening drivers for a self-reliant economy

₹1.48 trillion for education, employment and skilling is well intended. India as a country of over 1.4 billion people needs more jobs and employable talent. The push to increase participation in the Employees' Provident Fund Organisation (EPFO) is a critical step toward formalizing the labour market.

24.07 / 11:30

UPS Provident Action wellness Interviews Relationships Budget proposals lay ground for long term reforms: NITI Aayog VC

NITI Aayog vice chairman Suman Bery on Wednesday said the review of the direct tax and the custom's duty rates as announced by the Finance Minister in her Budget speech will prepare the ground for long term reforms. Bery further said that the Budget for 2024-25 was a structural budget, which will help in improving labour productivity by building a relationship between the workforce and the private sector.

24.07 / 11:28

UPS Citi Target wellness Celebrity country Doesn't take long for time to change: Selja cautions Nitish Kumar, Chandrababu Naidu

Budget a collection of «jumlas», senior Congress leader Selja cautioned NDA members Nitish Kumar and N Chandrababu Naidu that they may celebrate today for getting a large share but it doesn't take long for time to change. Selja initiated the discussion on the Budget and questioned how target groups were identified without a caste census.

24.07 / 11:27

UPS IPO Strategy Wildlife hospital travelers Jungle Camps India aims Rs 100 cr revenue by 2028; firms up IPO plans

wildlife and conservation-focused lodges to guests, on Wednesday announced plans to achieve Rs 100 crore in revenue by FY28 from Rs 18 crore in FY24. In line with its growth strategy, the Delhi-headquartered company has set its sights on an Initial Public Offering (IPO) to fund its expansion plans. Jungle Camps India clocked a total revenue of Rs 18.10 crore and a profit after tax (PAT) of Rs 3.59 crore in FY24, compared with total revenue of Rs 11.24 crore and PAT of Rs 45 lakh in FY23, registering a healthy growth of 61 per cent in revenues and a five-fold jump in profit.

24.07 / 11:24

markets UPS Trade rock Updates Multimedia Stock market update: Nifty Pharma index advances 0.74%

Shares of Natco Pharma Ltd.(up 4.63 per cent), Biocon Ltd.(up 3.25 per cent), Zydus Lifesciences Ltd.(up 2.67 per cent), Sanofi India Ltd.(up 2.64 per cent) and Granules India Ltd.(up 2.13 per cent) ended the day as top gainers in the pack.

24.07 / 11:22

markets SUN Software Healthcare Experts Cautious investors reap Rs 3.2 lakh crore even as Sensex, Nifty extend losses to 4th session

The BSE Sensex fell 280 points, or 0.35%, to settle at 80,149. The broader NSE Nifty declined 65 points, or 0.27%, to end at 24,413.

24.07 / 11:20

UPS Manufacturing security electronic 2020 Relationships Modi govt may ease curbs on some Chinese investments

India is likely to ease restrictions on Chinese investment in non-sensitive sectors like solar panels and battery manufacturing where New Delhi lacks expertise and which hinders domestic manufacturing, two government sources said.

24.07 / 11:17

COST UPS Provident cover International Explained: Govt's new internship scheme for employable youth in top companies

Skill development and creation of employable youth with skills for future is one of the key themes of the Union Budget 2024. With this objective, the Government has rolled out a new internship scheme for 500 top companies in India. Though participation under the scheme is voluntary, it does have benefits that organisations may want to explore to build workforce for future.

24.07 / 11:16

markets UPS Enterprise Trade rock Updates Stock market update: Nifty Realty index advances 0.78%

Shares of Prestige Estates Projects Ltd.(up 7.13 per cent), Oberoi Realty Ltd.(up 3.31 per cent), Mahindra Lifespace Developers Ltd.(up 2.92 per cent), Sobha Ltd.(up 2.85 per cent) and Macrotech Developers Ltd.(up 2.22 per cent) ended the day as top gainers in the pack.

24.07 / 11:15

Provident Bill Experts show cover recommendations Big GST relief in budget 2024: No need to pay interest and penalty for these GST notices

Goods and Services Tax) GST. This relief comes in the form of a conditional scheme that allows for the waiver of interest and penalty for specified non-fraudulent GST demand notices for the financial years 2017-18 to 2019-20.

24.07 / 11:12

markets UPS Food Nestle wellness Updates Stock market update: FMCG stocks up as market falls

Heritage Foods Ltd.(up 5.00%), ADF Foods Ltd.(up 4.49%), Varun Beverages Ltd.(up 4.09%), Zydus Wellness Ltd.(up 4.05%), Umang Dairies Ltd.(up 3.32%), Bajaj Consumer Care Ltd.(up 2.40%), Mrs. Bectors Food Specialities Ltd.(up 2.36%), Patanjali Foods Ltd.(up 2.36%), Gillette India Ltd.(up 1.98%) and Bikaji Foods International Ltd.(up 1.92%) stood among the top gainers.

24.07 / 11:09

markets UPS FIVE wellness President country Nissan looks to rev up India operations; lines up product launches over next 30 months

Nissan is looking to introduce five models over the next 30 months, as it looks to reboot its operations in the fast-growing Indian car market. The company, which is selling just one model in the country currently, is planning to drive in two mid-size SUV models (one five-seater and one seven-seater), one electric SUV and a refreshed version of its compact SUV Magnite.

24.07 / 10:50

markets UPS Provident Target Reuters Citizens Govt may cut borrowing if small saving inflows are high, official says

borrowing later in the financial year if inflows into national small saving schemes (NSSF) are high, Economic Affairs Secretary Ajay Seth told Reuters on Wednesday.

24.07 / 10:37

UPS Provident FIVE economy Research wellness innovations A nine-lane expressway ahead: Sitharaman's plans to speed up India

Union Budget presented by Finance Minister Nirmala Sitharaman yesterday was unique among all the budgets presented by her in that it offered a long-term roadmap for a developed India, an aim set by the government called Viksit Bharat. At the start of the Parliament’s Budget session, a day before the budget was presented, Prime Minister Narendra Modi said the budget will further the goal of a ‘Viksit Bharat’ by 2047.

24.07 / 10:34

markets IPO Waters Software Trade Diversity track Track these 2 SME IPOs commanding over 100% GMP in unlisted market

SME IPOs are commanding a premium of over 100% above the issue price, according to the latest grey market trends. The shares of VL Infraprojects, whose IPO opened for subscription on Wednesday, are trading with a GMP of Rs 55 in the unlisted market. This translates to a premium of over 130% to the offer price.

24.07 / 10:30

UPS FIVE Manufacturing track travelers Vande Bharat or Aam Aadmi Rail? How world's largest transporter has changed over a decade

Finance Minister Nirmala Sitharaman, focuses on balancing increased spending on jobs and rural development with transferring more funds to states, while narrowing the fiscal deficit. However, it offered limited new announcements for the Railways, mentioned only once in the Finance Minister's 83-minute speech.

24.07 / 10:18

Provident Platform Celebrity exclusive rights Sporting JioCinema partners ShareChat to provide short-form content for Olympics 2024

ShareChat has partnered with Viacom18-owned streaming platform JioCinema to offer exclusive short-form multilingual content related to Paris Olympics 2024 from July 26 to August 11, 2024.

24.07 / 09:46

UPS Provident Maxim Align consequences rights TDS on salary of these employees will decrease and others may get the option to join this group

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