India Financial News
12.07 / 20:55
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Share market update: Most active stocks of the day in terms of traded value
The NSE Nifty index ended the session 8.5 points down at 24315.95, while BSE Sensex fell 27.43 points to 79897.34.
12.07 / 20:55
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Mahua Moitra makes a comeback in Parliament, says BJP paid a heavy price of 63 MPs for expelling me
India Trinamool Congress (AITC) member Mahua Moitra made a comeback to the Lok Sabha on Monday after her expulsion from Parliament in December 2023. During her address in the Lower House, Moitra criticized the Bharatiya Janata Party (BJP), highlighting their significant loss of 63 Members of Parliament (MPs). In her speech, Moitra expressed gratitude to the people of her constituency, Krishnanagar, for their unwavering support. She further said that earlier she was saved by Hindu god Krishna, and this time the people of Krishnanagar ensured that she returns to the Parliament.
12.07 / 20:55
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Buy Solar Industries India, target price Rs 13250: ICICI Securities
Solar Industries India with a target price of Rs 13250. The current market price of Solar Industries India is Rs 12119. Solar Industries India Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 110128.66 Crore) operating in Chemicals sector.
12.07 / 20:53
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IMD warns of cyclonic circulation over Andhra coast. These states to see heavy rainfall
cyclonic circulation is currently situated over the Westcentral Bay of Bengal off the south Andhra Pradesh coast, extending into the middle tropospheric levels, according to India Meteorological Department. Concurrently, an off-shore trough at mean sea level stretches along the south Gujarat-Kerala coasts. These weather systems are expected to cause widespread rains in many southern and western states. Fairly widespread to widespread light to moderate rainfall, accompanied by thunderstorms and lightning, is likely over Kerala & Mahe, Lakshadweep, Coastal Karnataka, Konkan & Goa, and the Gujarat region, IMD said. Scattered to fairly widespread light to moderate rainfall is expected over Madhya Maharashtra, Marathwada, Saurashtra & Kutch, Coastal Andhra Pradesh & Yanam, Telangana, and Interior Karnataka. Isolated to scattered light to moderate rainfall is forecasted over Tamil Nadu, Puducherry & Karaikal, and Rayalaseema.
12.07 / 20:52
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Watch video: Rohit Sharma shows off T20 World Cup trophy as Team India arrives in Delhi
Rohit Sharma and the Indian men's cricket team landed in Delhi on Thursday morning (July 4) after winning the ICC Men’s T20 World Cup 2024 in the West Indies. The team arrived at the IGI Airport in Delhi early, where a huge crowd of fans gathered to welcome them. After a 17-year wait, India secured their second T20 World Cup trophy. Rohit Sharma proudly showed off the trophy as fans cheered loudly. A video of Rohit displaying the T20 World Cup 2024 trophy upon arrival in India is now trending online.
12.07 / 20:51
12.07 / 20:49
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India-based crypto exchange Coin DCX acquires Dubai's BitOasis
The firms did not disclose the transaction value, but BitOasis said in a separate statement that CoinDCX, which had already acquired a stake in the business last year, now owns the full share capital of the Dubai-based company.
12.07 / 20:49
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ISRO to organise hackathon to celebrate first National Space Day on Aug 23
Bengaluru: For the first National Space Day, which will fall on August 23, to commemorate the safe landing of the Vikram Lander near the southern polar region of the moon, the Indian Space Research Organisation (ISRO) will be organising Bharatiya Antariksh Hackathon. Following the Vikram landing, Prime Minister Narendra Modi had announced that «National Space Day» will be celebrated on August 23 every year. Announcing the hackathon on July 4, chairman of ISRO, S Somanath said 12 problem statements in the areas of geospatial domain, space science, image processing, and AI/ML areas are identified for the hackathon and declared open for undergraduate/ postgraduate/PhD students across the country.
12.07 / 20:47
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Rohit Sharma to lead India in ODI and Test formats, BCCI secretary Jay Shah confirms
T20 World Cup-winning skipper Rohit Sharma will continue to lead India in the ODI and Test formats BCCI secretary Jay Shah said on Sunday, exuding confidence that the country will win next year's Champions Trophy and World Test Championship under his captaincy. The 37-year-old Rohit, who became the third Indian captain after legendary Kapil Dev and Mahendra Singh Dhoni to win a global trophy, has announced his retirement from the T20 format. «The next stage is the WTC final and the Champions Trophy. I have full faith in Rohit Sharma's captaincy, that we will be the champions in both these tournaments,» secretary Shah said in a video message. The Champions Trophy, scheduled in Pakistan next year, will be held after eight years (since 2017 in UK), and even though the draft schedule has been submitted to the ICC, the BCCI hasn't yet given its green light to it.
12.07 / 20:46
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Stock market update: Fertilisers stocks up as market falls
Rashtriya Chemicals & Fertilizers Ltd.(up 11.99%), National Fertilizers Ltd.(up 9.86%), The Fertilisers and Chemicals Travancore Ltd.(up 9.23%), Madras Fertilizers Ltd.(up 8.58%), Paradeep Phosphates Ltd.(up 8.36%), Aries Agro Ltd.(up 8.19%), Khaitan Chemicals & Fertilizers Ltd.(up 6.52%), Gujarat State Fertilizer & Chemicals Ltd.(up 5.85%), Zuari Agro Chemicals Ltd.(up 5.32%) and Southern Petrochemicals Industries Corporation Ltd.(up 4.47%) stood among the top gainers.
12.07 / 20:42
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Pongamia trees grow where citrus once flourished, offering renewable energy and plant-based protein
An ancient tree from India is now thriving in groves where citrus trees once flourished in Florida, and could help provide the nation with renewable energy
12.07 / 20:41
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Best convection microwave ovens in India 2024: Top 9 choices for efficient and versatile cooking, baking and grilling
Reasons to buyReasons to avoidThe Panasonic NN-CT353BFDG Convection Microwave Oven features a sleek mirror design and a capacity of 23 liters. It comes with a wide range of auto cook menus and a combination cooking feature. The oven also boasts a powerful quartz heater for faster and efficient cooking.Reasons to buyReasons to avoidThe Panasonic NN-CT645BFDG Convection Microwave Oven offers a large capacity of 27 liters and a unique black design.
12.07 / 20:37
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Stock market update: Nifty Auto index falls 0.54%
Shares of Tata Motors Ltd.(up 0.91 per cent), Tata Motors Ltd.(up 0.78 per cent), Exide Industries Ltd.(up 0.62 per cent), Eicher Motors Ltd.(up 0.37 per cent) and Bharat Forge Ltd.(up 0.12 per cent) ended the day as top gainers in the pack.
12.07 / 20:37
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ISRO seeks active role in global efforts to shield earth from asteroids
ISRO Chairman S. Somanath emphasized the necessity of international collaboration in developing planetary protection systems against asteroids, asserting that no single country can undertake this task alone.
12.07 / 20:36
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Budget 2024 Expectations: Policies and reforms needed to boost NRI investments in Indian real estate
Indian real estate has become a lucrative investment destination for NRIs. The high demand for real estate among the NRI community has grown significantly in the last 4-5 years due to various factors. These factors include India’s growth outlook, the boom in the Indian real estate market, the perception and confidence in real estate as a stable asset class, fluctuations of the USD against INR, and the sentimental value attached to the homeland. The interest of NRIs in Indian real estate presents a significant opportunity for the real estate industry to capitalize on and can serve as a major catalyst for the Indian economy. Here are some policies and reforms that could enhance NRI investments in India.
12.07 / 20:35
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Pharmaceuticals
Stock market update: Nifty Pharma index advances 0.14%
Shares of Glenmark Pharmaceuticals Ltd.(up 3.01 per cent), Natco Pharma Ltd.(up 2.76 per cent), J B Chemicals & Pharmaceuticals Ltd.(up 2.18 per cent), Biocon Ltd.(up 1.87 per cent) and Mankind Pharma Ltd.(up 1.49 per cent) ended the day as top gainers in the pack.
12.07 / 20:34
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Marico, Dabur shares surge up to 7% post Q1 updates
Dabur India and Marico climbed 4% and 6.5% to their respective day’s highs of Rs 633 and Rs 655 on BSE after the companies posted their Q1FY25 updates. Here are the company-wise Q1 updates:
12.07 / 20:30
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Global oil market dynamics are shifting in favour of India’s energy plans
The global oil market has been roiled over the last several years. The demand shock during the pandemic, gradually evolving demand dynamics due to the electric vehicle (EV) transition, disruption of tanker movements following the Israel-Hamas war and economic sanctions against Russia, in interaction with supply responses to these events, have impacted international oil prices, trade flows and investments. Emerging clean energy technologies and more widespread efficiency policies and techniques are combining to slow down growth in oil demand.
12.07 / 20:25
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From ‘Kalki 2898 AD’ to ‘Aadujeevitham’, 4 most-awaited OTT releases
streaming, watching the movie you missed out on, due to overpriced tickets or lack of work-life balance on your computer is no longer a fantasy! From the magnificent ‘Kalki 2898 AD’ to the spine-chilling ‘Aadujeevitham’, many exciting movies will be available for streaming soon on major OTT platforms so watch this space!
12.07 / 20:25
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India's defence exports soar to Rs 21,083 crore, SIDM reports
exports also soared to an unprecedented Rs 21,083 crore, reflecting a nearly 35% increase over the last fiscal year. Visionary Leadership of 'Aatmanirbhar Bharat' This achievement underscores Prime Minister Narendra Modi's visionary 'Aatmanirbhar Bharat' initiative and the dedicated efforts of the Ministry of Defence under the Defence Minister's leadership. A significant 60% of this growth is attributed to the private sector, highlighting the maturing Defence Industrial Base of India.
12.07 / 20:19
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For UpGrad’s Mayank Kumar, public capital is better than a private chase
Mint for a new podcast series called Founder Diaries, where we take you through the entrepreneurial journeys of some of India’s most high-profile founders, and a peek into what it takes to build successful enterprises. Edited excerpts: I was the first entrepreneur from my family. Business was not seen as a very good thing to do.
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