India Financial News

India vs Zimbabwe T20 series will be held today at the Harare Sports Club. India has already secured the series with a 3-1 lead. In the fourth match, opener Yashasvi Jaiswal led India to a decisive 10-wicket victory with an impressive 93 runs off 53 balls, ensuring India an unassailable lead in the five-match series. Zimbabwe would be looking to salvage some pride. «We will want to finish the series 3-2,» Zimbabwe's Pakistan-born captain Sikandar Raza said.

Quant Mutual Fund (MF) has announced the appointment of Shashi Kataria as the new Chief Financial Officer (CFO), effective from July 1. Kataria replaces Harshal Patel, who resigned from the fund house due to personal reasons. The fund house posted on social media platform X that Harshal Patel tendered his resignation on February 19, with his last day of service being May 19. Shashi Kataria joined the fund house on June 10. «Shashi Kataria joined us on 10th June, 2024 and the Board Meeting was convened on 1st July 2024, and was appointed as Chief Financial Officer, Operations Head and Executive Director of Quant Money Managers Limited,» it said on social media platform X.

Seoul, an official said. The agreement, dubbed as comprehensive economic partnership agreement (CEPA), was operationalised in January 2010. So far, 10 rounds of review talks have been concluded. The Indian team «will visit Seoul from July 17-19» for the next round of review meetings, the official added. «In the 11th round, both the sides would discuss the broad contours for closing the deal,» the official said, adding that Korea is keen to conclude the negotiations this year.

Uttar Pradesh Congress, Nitant Singh Nitin, put up a poster regarding the victory of the INDIA Alliance on 11 seats at the UP Congress state headquarters on Sunday. The poster mainly emphasised the victory of Congress candidate Lakhapat Singh Butola, who won the Badrinath assembly seat in Uttarakhand. In the poster, it was written that the constitution has won once again; after Ram ji's Ayodhya, they got the blessings of Lord Vishnu in Badrinath.

Verona province, according to a media report, weeks after the country was shocked by the tragic death of a Sikh farm worker who bled to death. Finance police also seized assets worth 475,000 euros from the suspects, who own two agricultural sector companies with no employees on the books and are allegedly total tax evaders, ANSA news agency reported on Saturday. The two alleged gangmasters were arrested on Saturday and are under investigation for crimes, including enslavement and labour exploitation, the Italian news agency said. The issue of modern forms of slavery in Italy recently came to the fore of media attention following the case of 31-year-old Sikh farm labourer Satnam Singh, who bled to death after being abandoned by his employer after a strawberry wrapping machine severed his arm in Lazio, near Rome, last month.

Pankaj Balani, co-founder of Delta Exchange, in a recent live stream session on ETMarkets, revealed how cryptocurrency derivatives are opening new avenues for Indian traders. With insights that blend market expertise and forward-thinking strategies, Balani's perspective offers a glimpse into a future where digital assets and advanced trading instruments drive significant financial opportunities.

India vs Zimbabwe Live Score, 5th T20I: India sealed the series on July 13 after the Men in Blue, under Shubman Gill’s captaincy, defeated Zimbabwe by 10 wickets in the 4th T20I match. The southern African team, under Sikandar Raza’s leadership, will play for their pride in the final match of the tournament.On July 13, Zimbabwe scored 152/7 in 20 overs. India got to 156/0 in 15.2 overs.

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₹538 per month per head on processed food items. This trend is not just about eating habits, but has also helped drive sales for fast-food giants, whose processed food sales are steadily rising. The flood of fast-food joints across cities has made the trend even starker.

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Gautam Adani plans to build a port in Vietnam as the Indian conglomerate seeks to develop infrastructure overseas to tap opportunities from increasing trade. Adani Ports and Special Economic Zone Ltd. has secured an “in-principle approval from the Vietnamese government” for a greenfield development in Da Nang, Karan Adani, managing director of the company, said in an interview. The project, which will have container terminals and multipurpose berths to handle various types of cargo, is at an early stage of planning and the total investment required hasn’t been finalized yet, he said. This will be the fourth international port asset for the Adani group after Haifa in Israel, Colombo in Sri Lanka and the Port of Dar es Salaam in Tanzania. On Friday, Adani’s new mega port in southern India saw the arrival of its maiden mother ship and the company wants to accelerate the expansion of the facility in a bid to grab a bigger share of the international maritime trade that’s currently dominated by China.

There are many businessmen who have a stake in India's fast-growing sports industry, but a very few with as varied a portfolio as that of Parth Jindal, founder and director of JSW Sports. A sports aficionado, Jindal says he is into it for a dream — a dream to see India becoming a force in the world of sport. Delhi Capitals may be the shiniest of all assets in his possession, but it is the Inspire Institute of Sport (IIS) in Bellary, Karnataka, that is his favourite. The sprawling 42-acre facility is an example of personal initiative and collective growth. With the help of over 30 corporates, the facility, in just seven years of its existence, has helped produce multiple champions in Olympic sports. Jindal, founder of IIS, spoke with AMIT CHAUDHARY about his vision, the challenges of securing corporate funding, CSR, looking beyond medals, and more. Excerpts: What was the vision when you decided to start this centre? How has that vision evolved over the years? The vision was to be the preeminent high-performance centre in India for Olympic sports, to work at the grassroots level and create Olympians who can win medals for the country across five sports disciplines — boxing, wrestling, judo, track and field and swimming. We started supporting athletes from 2012 and started building this centre in 2014. Obviously our first medal was Sakshi Malik in the 2016 Rio Olympic Games and then Neeraj [Chopra] and Bajrang [Punia] in the 2020 Tokyo Olympics.

lieutenant governor (LG) after amending the transaction of business rules under the Jammu and Kashmir Reorganisation Act, 2019. In a late evening clarifications, officials said that the notification regarding transaction of business rules was not an amendment to the Jammu and Kashmir Reorganisation Act, 2019, as some media reports suggested, but a simple amendment to the transaction rules issued to avoid any ambiguity. The notification did not in any sense alter the balance of powers as enshrined in the law, which has been passed by Parliament and upheld by the Supreme Court, they said. The amendments came into force on July 12, the date of the publication in the Official Gazette — a move in anticipation of the speculated assembly election in J&K, Officials said the decision is in line with the other union territories. As per section 32 of the Act, the legislative assembly may make laws with respect to any of the matters enumerated in the state list, except the «police» and «public order», or the concurrent list in the Seventh Schedule to the Constitution of India.

Prime Minister Narendra Modi on Saturday credited the record rise in India's stock markets to small and big investors being «happy» as they know that «only the NDA government can give stability». «Small and big investors in the country have welcomed our third term; they know that only the NDA government can give stability. Immediately after taking over as the Prime Minister, I had said that we would work three times faster, and today we are seeing it happen,» Modi said. He was speaking at the NESCO centre in Goregaon after laying the foundation stone and unveiling a slew of infrastructure projects in Mumbai and neighbouring regions worth Rs 29,000 crore. Modi attacked the opposition saying his government had created record employment in the country and attributed a Reserve Bank of India report to say that in the last three to four years, 80 million new jobs were created.

INDIA bloc's 10-2 victory against the ruling BJP and its allies in the assembly by-elections, with the 13th seat going to an independent in Bihar, was marked by the strategic gain to the opposition alliance from the defeat of several of its erstwhile MLAs who had defected and fought on the BJP ticket. The by-election results declared on Saturday showed that the opposition parties had thwarted the BJP's hitherto successful strategy of weaning away opposition MLAs, making them resign from the assembly and helping them win bypolls on its 'lotus' symbol. The trend reversal could serve as a deterrent against defections, thus rendering the results more significant than the simplistic narrative of ruling parties in states mostly retaining the upper hand in bypolls. The outcome also means the opposition parties will go to the upcoming state elections with enhanced confidence. Commenting on the Congress victories, party president Mallikarjun Kharge said, «These victories show that the people have now completely rejected the arrogance, misgovernance and negative politics of the BJP. This is also strong evidence of the falling political credibility of Modi and Shah.»

football across the length and breadth of this well populated, cricket-junkie land were agog discussing the previous night’s two Euro group matches. Jude Bellingham’s 95th minute goal — and England’s lacklustre performance against Slovenia — was discussed threadbare as if it was Gareth Southgate’s waistcoat. Also hogging the Monday tika-chatter was Spain’s impressive win against Georgia, Rodri’s performance especially garnering rave reviews from those who know that the “j” in “La Roja” is pronounced as an “h”. The same day, FC Barcelona stopped all its football academies across Delhi NCR, Mumbai, Bengaluru and Pune.

India-Russia ties. PM Modi and President Vladimir Putin, two of the most experienced world leaders, discussed bilateral relations and the fast-changing worldwide landscape in a five-hour conversation. If personal connection between the leaders is the diplomatic measure, the first day was successful. PM Modi received Russia's highest civilian decoration, the Order of Saint Andrew the Apostle. PM Modi's last visit to Russia, for the 2019 Vladivostok summit, signalled India's participation in the Russian Far East to establish fresh leverage to counter Chinese dominance in North East Asia. A maritime corridor from Vladivostok to Chennai to connect to the Northern Sea route was meant to protect India's Arctic energy and commodity interests. Five years later, with little implementation, the 2024 summit revisited several 2019 projects. New consulates in Yekaterinburg and Kazan will strengthen India's diplomatic ties in Russia's key regions. Bilateral relations will regain momentum only if projects in energy, fertilisers, and commodities are converted into long-term agreements. Doing so will require private sector involvement. Both governments should encourage enterprises that are willing to break new ground in investment and joint ventures, building leverage in fast-changing global marketplaces that lasts longer than trade partners.

Narendra Modi on Saturday blessed the newly-wed couple Anant Ambani and Radhika Merchant after their star-studded wedding that was attended by global celebrities, business tycoons, and politicians. Modi arrived at the Ambani family-owned Jio World Convention Centre here for a wedding reception that has been titled 'Shubh Aashirwad'. Anant, the youngest son of Mukesh Ambani — Asia's richest man — and Radhika, a pharmaceutical heiress, touched Modi's feet to seek his blessings.

Chief Justice of India Justice Dhananjaya Y Chandrachud on Saturday said law students should be well-versed with regional languages and laws so that people's access to the legal system can be improved. Addressing the third convocation of Ram Manohar Lohia National Law University, Lucknow, Justice DY Chandrachud underscored the importance of imparting legal education in «easy language», asserting that it is currently a shortcoming in the legal profession. Citing an analysis done by the research department of the Supreme Court on 81 universities and colleges, the CJI said, «It was found that common people experience hurdles in understanding their rights and schemes meant for them as they do not know English.» «This means that in law universities, legal education is imparted English, and many times, students at legal aid centres are not able explain legal procedures to the common people in regional languages,» he said.

India will soon become the third largest economy, Prime Minister Narendra Modi said on Saturday. He was speaking after inaugurating INS Towers, the Indian Newspaper Society's secretariat in Mumbai's Bandra-Kurla Complex. Modi also spoke on how India has become the leader in digital payments. «There was a time when some politicians used to say that digital transactions were not for India. They had a preconceived notion that modern technology can't work in this country,» Modi said. «However, the world is witnessing the capabilities of the people of the country. Today, India is creating new records in digital transactions. Due to India's UPI and modern digital public infrastructure, the ease of living of people has improved, and it has become easier for them to send money across countries,» he said.

cricket match-fixing scandal tainted the gentleman's game, a court here has framed charges of cheating and criminal conspiracy against four accused including Sanjeev Chawla, a London-based bookie and the «main conspirator», and actor Krishan Kumar, the brother of T-Series founder Gulshan Kumar. The 68-page order by the Patiala House district court, which has now paved the way for the start of the trial, noted the alleged role of the four — Chawla, Kumar, Delhi-based bookie Rajesh Kalra and Sunil Dara alias Bittoo. Delhi Police had filed the charge sheet in 2013 against them in connection with the 2000 cricket match-fixing scandal involving late South African captain Hansie Cronje. Cronje died in a plane crash in 2002. Chawla was extradited to India in February 2020.