India Financial News

22.07 / 15:35

UPS Provident Gap Trade country shock Economic Survey: The government’s recipe for growth, in 12 charts

₹5 crore “with a guaranteed coverage of up to 85%" (Charts 3a, 3b). However, major shocks over the last decade such as the transition to the goods and services tax (GST), demonetisation and covid have seriously affected the sector. The survey calls for ensuring MSMEs are bankable, a focus on employment-intensive MSME sectors, a collaboration between government, industry and academia to increase skills in the labour force, and providing faster clearances to MSME.

22.07 / 15:26

Citi Bill Trade President beautiful rights Relationships Mamaearth distributors say company is burdening them with excessive inventory

₹50 crore to ₹100 crore are stuck, according to the All India Consumer Products Distributors Federation (AICPDF). The inventory pile-up comes as Honasa, which started out as an online personal care company, builds a greater presence offline. Honasa gets a third of its business from offline channels.

22.07 / 13:54

markets UPS FIVE CEO security recommendations Economic Survey calls for improved liquidity to boost NPA price discovery

insolvency ecosystem, which has helped bring NPAs to multi year low.

22.07 / 13:49

markets WhatsApp Food social consequences rights International Private sector's contribution to 'toxic mix of habits' substantial: Eco Survey

private sector's contribution to the 'toxic mix of habits' like social media, screen time and unhealthy food that can undermine public health, productivity and diminish India's economic potential is substantial, the Economic Survey said on Monday. The survey, tabled by Finance Minister Nirmala Sitharaman in Parliament, also pointed out that 'privileging capital over labour is inimical to long-term corporate growth prospects', referring to reluctance shown by businesses to make investments citing lack of demand visibility.

22.07 / 13:45

Provident Digital Progressive economy country electronic reports Economic Survey highlights India's strengths, identifies areas for further growth to build Viksit Bharat: PM Modi

Economic Survey tabled in Parliament by Finance Minister Nirmala Sitharaman said that the pre-bugdet document highlighted the prevailing strengths of India's economy.

22.07 / 13:35

Citi Man Platform Action film stars Videos From ‘Bahishkarana’ to ‘Manamey’, don’t miss latest Telugu OTT releases on Amazon Prime Video, ZEE5 & Disney + Hotstar

Telugu movies, irrespective of their genre, are known for giving viewers a spectacular cinematic experience.

22.07 / 13:34

Ripple Remark film Instagram love beautiful Akshay Kumar shares an inspirational 'shayari' of Bashir Badr on Instagram, fan says "Wow Akki, what's next for you?"

Bollywood superstar Akshay Kumar, known for his action-packed stunts and comedic timing, took a moment to embrace the realm of poetry, sharing a soulful shayari by renowned Urdu poet Bashir Badr on his Instagram handle. The post, captioned with a heartfelt appreciation for Badr's words, has sent ripples of admiration through his fanbase.

22.07 / 13:32

UPS economy PwC Deloitte Food wellness Experts Conservative growth estimate due to global uncertainties, experts on Economic Survey

Economic Survey has projected a conservative growth of 6.5-7 per cent for the current fiscal year because of global uncertainties and various domestic challenges, experts said on Monday. The projection is lower than 8.2 per cent growth rate estimated in 2023-24 and tad lower than Reserve Bank's forecast of 7.2 per cent for the current financial year.

22.07 / 13:32

Fox Election Opinion HANS President US Presidential Election US Presidential Election: What will happen to the $91.5 million that Joe Biden has collected? Can Kamala Harris get it? Details here

Joe Biden has pulled out of the US Presidential Election 2024 and endorsed Vice President Kamala Harris. The first vice president of the Indian- African descent is most likely to be nominated as the Democrat candidate for the November 5 election. However, a fundamental question in the US political system is: What will happen to the millions of dollars the incumbent president has collected as campaign funds? Will Kamala Harris get it? Will it be refunded to the donors? Will it go to the Democratic Party coffers? Or can Joe Biden take it for his personal use?

22.07 / 13:31

Provident Aviat Airlines WhatsApp Digi country travelers Domestic carriers cancelled 7,030 flights this year till May-end: Govt data

Domestic airlines cancelled 7,030 scheduled flights this year till May 31, according to the civil aviation ministry. The carriers are to operate 4,56,919 scheduled departures in 2024, as per the data submitted by the ministry to the Rajya Sabha on Monday.

22.07 / 13:05

fun Features Updates peace Profiles Sporting Budget-Friendly Hatchback: Unveiling the Swift Top Model Price and Specs

The Swift top model price stands at ₹9.9 lakhs in Delhi NCR, which remains under the crucial ₹10 lakhs budget mark psychologically for mass-market buyers.Factor in Maruti’s widespread sales and service network, this top-spec Swift becomes an appealing blend of distinctive style, essential creature comforts, efficient petrol power and brand reliability accessible to many. Especially young professionals, small families and working women buyers find immense value in spending under ₹10 lakhs.Over multiple updates, Swift’s design legacy focused on energetic Euro-inspired looks has persisted, earning a global fan following.

22.07 / 12:58

UPS economy Election reports shock Budget 2024: The four challenges that could form the backdrop for Centre's moves

NEW DELHI : Going into the 2024 general elections, the ruling Bharatiya Janata Party (BJP) played up its achievements on jobs, welfare schemes and growth. The shock from an electoral result way below expectations makes this a major budget for the party, leading to a core focus on economic revival at an all-round level. With major state elections due later this year and next year, the BJP-led coalition has its work cut out on these four fronts.

22.07 / 12:14

markets UPS FIVE security stage cover NARCL lines up another Rs 1.25 lakh cr of NPAs from banks

NARCL) has offered to acquire another Rs 1.25 lakh crore of non-performing assets (NPAs) from banks with offers at various stages of due diligence and evaluations, the finance ministry said in the pre-budget economic survey for 2023-24.

22.07 / 12:09

markets Provident Target BLOCK Diversity reports Videos Why you should be extra cautious if you suddenly feel itchy in Delhi markets

Delhi's bustling Sadar Bazaar has become the latest target for a notorious gang employing a unique tactic to commit theft. Known as the "Khujli Gang," these thieves use specially formulated powders to induce intense itching, diverting their victims' attention and providing an opportunity to steal their belongings, a TOI report stated.

22.07 / 12:08

markets Art Booking economy trends Trade reports Economic Survey 2024 has three critical cues for the discerning investor

The traditional signal for a market bubble, as the popular adage goes, is when your cab driver or barber discusses stocks. The top-down variation of this indicator must be when finance ministry mandarins talk about asset allocation and profit booking. The Economic Survey 2024, tabled in Parliament by finance minister Nirmala Sitharaman on Monday, highlighted various drivers of the Indian economy and suggested policy measures to lift growth and safeguard economic resilience.

22.07 / 12:06

FIVE Digital Progressive Sustainability country information Features Capital expenditure on Railways increased by 77 pc over 5 years: Economic Survey

Railways has increased by 77 per cent over the past five years with significant investments in the construction of new lines, gauge conversion and doubling, the Economic Survey 2023-24 said on Monday. According to the survey tabled in Parliament by Finance Minister Nirmala Sitharaman, in the financial year 2019-2020, the capital expenditure was 1.48 lakh crore which was increased to ₹2.62 lakh crore in 2023-24.

22.07 / 12:01

markets FIVE Aware trends Trade 240% jump in unique investors on NSE in 6 years from FY2019 to FY2024: Eco Survey

Indian stock market in just five years. According to data quoted in the Economic Survey 2023-24, the number of unique tax IDs registered on the National Stock Exchange (NSE) rose from 2.7 crore in FY19 to 9.2 crore in FY24. Going by the trend, a significant portion of the new investors are expected to be retail investors. What's even more surprising is that a majority of these new retail investors are likely to be young and have a higher appetite for risk.

22.07 / 12:01

markets UPS security Trade Updates International Stock market update: Nifty Auto index advances 1.15%

Shares of Ashok Leyland Ltd.(up 3.02 per cent), Bharat Forge Ltd.(up 2.92 per cent), MRF Ltd.(up 2.23 per cent), Mahindra & Mahindra Ltd.(up 2.02 per cent) and Tata Motors Ltd.(up 1.33 per cent) ended the day as top gainers in the pack.

22.07 / 12:01

SUN security Pool country innovations International One World, One Sun, One Grid: All about India's ambitious renewable project OSOWOG

Nirmala Sitharaman tabled the Economic Survey 2023-24 in the Parliament today. The Survey, authored by Chief Economic Advisor V Anantha Nageswaran and his team, highlighted the initiatives taken by India to address climate change and energy security.

22.07 / 11:54

COST social information reports Department Updates ITR deadline extended to August 31? Beware of fake news, warns Income Tax Department

Income Tax department has issued a warning about fake news that was published in a popular newspaper in Gujarat. The department stated that a clipping of the news is circulating on social media, claiming that the date for e-filing of ITR has been extended to August 31, 2024. The department clarified that this information is fake, and that the last date to file ITR for FY2023-24 is July 31, 2024.

22.07 / 11:51

Digital Mobile Sustainability wellness trends performer reports After windfall Q1 profit, Kotak Mahindra Bank pins hope on RBI

MUMBAI : Kotak Mahindra Bank Ltd’s reported profit jumped sharply during the first quarter of FY25 (Q1FY25), thanks to its insurance arm stake sale. Standalone net profit rose as much as 81% year-on-year to ₹6,250 crore, aided by an exceptional gain after the bank divested 70% stake in Kotak General Insurance to Zurich Insurance. Excluding the stake-sale gains, the bank’s net profit stood at ₹3,520 crore.

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