India Financial News

stampede at a Hindu religious gathering in India's northern state of Uttar Pradesh on Tuesday, authorities said, in one of the worst such tragedies in recent years. The stampede happened in a village in Hathras district, about 200 km southeast of the national capital New Delhi, where authorities said a large crowd had gathered on an open area of land in response to a call from a religious leader. Here is a list of major stampedes in India over the years, most of them at religious festivals or gatherings: JANUARY 2005: More than 265 Hindu devotees were killed and hundreds more injured after a stampede at the Mandhardevi temple in Wai town in the western state of Maharashtra. The stampede was caused by slippery steps leading up to the temple, media reported at the time.

Shares of TVS Motor Company Ltd.(up 2.72 per cent), Bajaj Auto Ltd.(up 1.85 per cent), Ashok Leyland Ltd.(up 1.08 per cent), Eicher Motors Ltd.(up 1.02 per cent) and Balkrishna Industries Ltd.(up 0.95 per cent) ended the day as top gainers in the pack.

Mahendra Singh Dhoni turned a year younger today. The cricket icon celebrated his 43rd birthday with an intimate party. Bollywood superstar Salman Khan was also part of the celebrations. Taking to Instagram on Sunday, the ‘Dabangg’ star shared a photo featuring them both. Dropping the picture, Khan wrote, “Happy Birthday Kaptaan Sahab (captain!) @mahi7781.” In the picture, the ‘Hum Aapke Hain Kaun’ actor is seen dressed in an elegant black shirt, cheering for the former captain of Indian cricket team, as he cuts his birthday cake. In a different video, Dhoni was captured feeding Salman a piece of cake. Dhoni's wife, Sakshi Singh, shared another clip on Instagram. In this video, the pair stood by a table laden with cakes. Dhoni cut one of the cakes and fed a piece to Sakshi, who then touched his feet.

summons to former Chief Minister B S Yediyurappa to appear before it on July 15 in connection with a POCSO Act case filed against him. The Criminal Investigation Department had filed a charge sheet against the BJP leader at Fast Track Court 1 for POCSO Act cases here on June 27. A day later, the Karnataka High Court extended its interim order restraining the CID from arresting Yediyurappa after allowing the prosecution to file objections to the petition filed by him seeking quashing of the FIR against him, and then adjourned a further hearing by two weeks. The CID, probing charges against Yediyurappa of sexually assaulting a minor girl, has alleged in the charge sheet that he and three other accused paid money to the alleged victim and her mother to buy their silence.

security forces was helping families of eight SIMI activists killed in an encounter with police in 2016, a senior official of the Madhya Pradesh Anti-Terrorism Squad said on Monday. The ATS last week arrested Faizan Sheikh, a mechanic who was influenced by the ideologies of the Indian Mujahideen (IM) and the Islamic State (IS), from the communally-sensitive Khandwa town. «Sheikh was bringing together and helping the families of SIMI activists killed in an encounter with police. He conducted recees to carry out lone-wolf attacks on police personnel in Khandwa town,» Inspector General (IG-ATS) Ashish told PTI. The accused was arrested on July 4 and remanded to ATS custody for five days, he said.

tennis player Rohan Bopanna and his Australian partner Matthew Ebden crashed out of the Wimbledon 2024 after their defeat in the second-round match on Saturday. The Indo-Aussie duo of Bopanna-Ebden conceded defeat to Hendrik Jebens and Constantin Frantzen of Germany 6-3, 7-6(7-4). The game lasted for one hour and 18 minutes. Bopanna and Ebden failed to control the match in the opening stage and gave their opponents Jebens and Frantzen a 4-1 lead without any struggle.

Shanghai Cooperation Organisation (SCO) summit in Astana contained the most robust language ever on cross-border terrorism as well as strong references to territorial integrity linked to connectivity corridors in the region, external affairs minister S Jaishankar told ET. He described this as the most satisfying outcome of the summit from India’s viewpoint. “I am happy that Kazakhstan during their chairmanship negotiated an updated programme to combat terrorism, separatism and extremism, which was adopted in the Astana summit,” the minister said. “What is more important is the actual implementation of the programme that we have now successfully drawn up, which includes unambiguous commitment by all the member states in getting rid of all forms and manifestations of terrorism in the region, including cross-border terrorism.” The summit was held in the Kazakhstan capital on July 3-4.

government's inspection of a Som Group distillery said child labourers, some aged between 13 and 17, were made to fill and pack liquor bottles and worked long hours. Police are investigating the use of child labour at the distillery in Madhya Pradesh state after the federal government's National Commission for Protection of Child Rights said last month it had found 58 children working illegally at the factory. The commission released photos of some with hands showing chemical burns and said some children were transported in school buses for factory work.

Tube Investments of India Ltd. traded 1.87 per cent up at Rs 4232.95 at around 02:09PM (IST) on Friday. The stock had closed at Rs 4313.7 in the previous session. Equity benchmark Sensex traded 316.14 points lower at 79733.53 around the same time.

Natasa Stankovic, known for her roles in Bollywood and her marriage to cricketer Hardik Pandya, has recently sparked controversy by refraining from posting a congratulatory message after Team India's victory in the T20 World Cup against South Africa. This silence has reignited speculations about their marital status. In a recent Instagram Stories video, Natasa shared a reflective message, seemingly addressing the ongoing speculation surrounding her relationship. «I got super excited to read something that I really needed to hear today,» she shared, holding a Bible, «It is the Lord who goes before you and he will be with you, he will never leave you nor forsake you; do not fear or be dismayed.» She continued, emphasizing that amidst personal challenges, one can feel «discouraged, disappointed, sad, and often lost,» but reassured her audience that «God is with you. He is not surprised at what you’re going through right now because he already has a plan. He will never leave you or forsake you.»

Quant Small Cap Fund in its June portfolio has increased its stake in Adani Power and HDFC Bank. On the other hand, it decreased its exposure in Life Insurance Corporation Of India and TV18 Broadcast. It made a complete exit from Adani Green Energy in June. The fund added around 45.25 lakh shares of Adani Power taking the total number of shares to 1.10 crore in June from 64.83 lakh in May. Also Read | Quant Mutual Fund investors withdraw Rs 2,800 crore amid Sebi probe: Report

Shah Rukh Khan will be honoured with a lifetime achievement award at the upcoming Locarno Film Festival. The Jawan star will be feted for proving his versatility as an actor in over 100 films cutting across various genres. The Bollywood star will be honored with the award on August 10 in the festival's Piazza Grande. The following day, he will engage in a public conversation. Additionally, the festival will showcase the 2002 hit costume drama "Devdas," where Khan portrays a melancholic aristocrat whose life spirals down after his family prevents him from marrying his childhood love. “To welcome a living legend like Shah Rukh Khan in Locarno is a dream come true. The wealth and breadth of his contribution to Indian cinema is unprecedented. Kahn is a king who has never lost touch with the audience that crowned him. This brave and daring artist has always been willing to challenge himself while remaining true to what his fans all over the world eagerly expect from his films. A true ‘people’s hero’, sophisticated and down to earth, Shah Rukh Khan is a legend of our times, ’’ gushed Locarno Artistic Director Giona A. Nazzaro.

UltraTech is in advanced negotiations with the promoter of Orient Cement Ltd (OCL), his uncle CK Birla, after restarting talks in recent weeks, amid intensifying consolidation efforts in the sector, said people familiar with the discussions. Kumar Birla's renewed efforts to buy Orient are seen as an attempt to trump Adani Cement and consolidate UltraTech’s position in the southern and western markets, especially Maharashtra and Telangana, after buying a 23% stake in India Cements at the end of last month. Adani Cement, which controls India's second largest cement capacity, has been engaged in talks with CK Birla since late last year but is said to have baulked at the valuation sought.

interoperability is not feasible in the Indian market as the existing STBs deployed by the distribution platform operators (DPOs) are non-interoperable, and deploying new interoperable STBs will be a costly affair, say industry experts. The Telecom Regulatory Authority of India (Trai), in its recent recommendations to the ministry of information and broadcasting (MIB), reiterated that all STBs in India must, in principle, support technical interoperability. STB interoperability is the ability to change a service provider without changing the STB. Currently, customers have to purchase a new STB every time they want to shift to a new service provider. «There are two types of interoperability: technical and commercial. Technical interoperability without commercial interoperability is not feasible because the STBs remain the property of the DPOs,» said a top official with a TV distribution company, on condition of anonymity. This is not the first time Trai has made a recommendation in favour of STB interoperability. The discussion on STB interoperability has been going on since 2010, when the regulator first floated a consultation paper on the issue. «STB interoperability is a dead horse that the regulator keeps flogging. At a time when consumers have the option of moving to internet-enabled content delivery, the regulator is talking about a legacy issue that has not been implemented to this day,» said the India head of an international content security firm.

debt after domestic securities were included in a global index. The benchmark 10-year yield ended at 6.9987%, following its previous close of 7.0112%.

Investors looking to make a broad-based thematic bet in a market that is trading at all-time highs can consider a banking fund to benefit from attractive valuations while diversifying their portfolio. Recent underperformance of the Nifty Financial Services Index, bank non-performing assets at decadal lows, lower valuations and strong growth prospects for the Indian economy, provide a good entry point, believe fund managers. Investors can make a lump sum investment and allocate 5-10% of their portfolio to such funds, fund managers say. Fund managers point out that the Nifty Financial Services Index has lagged the broader Nifty 50 index over the last three years. The Nifty Financial Services Index gained 17.19% and 43.24% in the last one and three years, respectively, underperforming the Nifty 50's gain of 25.26% and 54.19%.

apsaras Rambha and Sambha, carved in wood. Holding the 200 sq. ft room is a Manjit Bawa painting, depicting a cow and a leopard, their tongues out, forming an infinity sign.

atmanirbharta. This would not only help them to pile on runs with bats Made in India, but it would also help put the spotlight on the travails of an industry that is on the brink. Wood from Salix alba caerulea, a species of willow tree that grows in Kashmir, Pakistan Occupied Kashmir and the UK, is used to make cricket bats.

The just-concluded general elections have once again proven the vitality of Indian democracy. The democratic process has established that the democratic institutions of this country are more than capable of giving all sections of society a voice, especially the marginalized. With the formation of a new government, parliamentary processes have kicked in.

Congress leader P Chidambaram on Saturday claimed that the Centre bypassed the Law Commission in enacting the three new criminal laws that came into effect from July 1. The Law Commission, comprising of retired judges, legal experts, professors, and permanent legal staff, would normally hold consultations with bar council members, and advocate associations and prepare a draft to be presented in the Parliament, he said. But the Law Commission was bypassed and five or six «part-timers» were appointed for a panel, he said on the Bharatiya Nyaya Sanhita, Bharatiya Nagarik Suraksha Sanhita, and the Bharatiya Sakshya Adhiniyam, replacing the British-era Indian Penal Code, Code of Criminal Procedure and the Indian Evidence Act. «The laws were not referred to the Law Commission nor was it consulted. This is wrong,» Chidambaram said while speaking at a protest organised here by the DMK advocate wing against the new laws.

forex reserves dipped by $1.71 billion to $652 billion as of June 28, data shared by the Reserve Bank of India showed on Friday. Previously, forex reserves rose by $816 million to $653.7 billion for the week ending on June 21. Forex reserves expanded by $4.3 billion to hit a record high of $655.82 billion on June 7 this year.